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.. '"^'rRl� �...xT�^^�lrte'nPf�_�P�""� . ..�. ,c . -... . <br /> r � �:,��... . . �..�.a-!',.+LCTI- ._..__. <br /> �. . �.,���♦ .,,...-- __,�+�c�_���,!;,._ _--- <br /> r �a��_ _ _ <br /> - - .,r..•�t�'��3�i-�!,i-l.i��=.�+_°"3P.�. �?��tlEl}�si•°.�JFC::Lti�Il«:�..�..-_rr�r.... <br /> ___ .....=�-.�c:aru.� �ucac.*-°�="'_'�°7�1�.4 =��:�rfs;��i�rR�oer_��..�_-- <br /> 97'- ��s3 <br /> paymcnu n�ay no longer bc requlrai,at the optian of Lcixlcr,if mortgnge insurancc coverage(in thc amount and for the period <br /> that l.cndcr requlres)provided by an insurer approvecl by i.endcr uguin becames avutlablc and is obtalned. Borrower shull pay <br /> the prcn�urns required to maintain mortgage insuamcc in effect,or to provide u loss reservc,until thc requiremcnt for mortgagc <br /> insura�nttends in accordance with any written agreement between Borrower und l.ender or applicable law. <br /> 9.Inspectfon. l.en�er or its agcnt may mi�ke reasonable entries upon and inspections of the Property. l.ender shall give _ <br /> Borrower notice at the time of or prtor to an inspection specifying reasonable cause for the inspection. <br /> 10.Condemtwiiop.T'he proceeds of any award or clnim for d�unages. direct or consequential, in connection with eny <br /> condernnatian or other taking of uny part of the Property. or for conveyance in lieu of conuemnation,are hemby assigned and <br /> shall be paid to Lender. <br /> In t�e event of a total tli�ing of the Property,the proceeds shull be upplied to the sums secured by thjs Security Instrument. <br /> whetha:r or not then due, �uith eny excess paid to Borrower. In the event of a partial taking of the Property in which the f�i� <br /> market value of the Propert�•immediately before the taking is equul to or greater than the amount of the sums se�:ured by this <br /> Security Instrument immediatcly before the tnking,unless Borrower und Lender othcrwise agree in writing,the sums aecurod by <br /> this Security Instrument shall be reduced by the umount of the procoeds multiplied by the fallowing frnetion: (a) the total <br /> amount of the sums secured Immediately before thc taking,divided by (b) the fair market valuc of the Property immediately <br /> beforc-. �he takiag. Any balance shall be pnid ta Barrower. In tlic event of a purtiul t:�king of thc Property in which thc fair <br /> market valuc af thc Aroperty immediatcly before the tuking is less than the umount af the sums securcd immcdtately beforc the <br /> taking.unlcss Borcmver umi lender otherwi�c ngrec in writing ur unless applicable law atherwise providc�s, the proceeds tihull <br /> be appll�l tu the sum9�ecured by this Security Instrwmnt whether ot not the su�ns are then due. <br /> !f ihe Pr�iperty is abandoned by�rn�wcr. or if', uttcr nntice by LenJcr ta Bc��row�er thut thc camlcmnor offcry to make an <br /> uwani �K�cule u cluim fo� dumugew, &irrawcr fuUti ta respcmd tu l.cndcr witl�in 30 duys after thc dutc thc noticc is givcn. <br /> I,cndcr I�auchori•r.ed ta cullc�n und upply ihc pr�xcalti.ut its optimi. clthrr to reswratiUn or rcpuir uf the Pr�iperty ur w thc swns <br /> nc�cur�-�I by thls Sccurity Instrumcnt.whcthcr nr not then dua <br /> U�des9 I.cndcr und Bormwcr utherwi�e ugrcc in w�iting. uny applicution of pracecds to principAl shull not extcnd or <br /> postpone the due dute of the monthly payments referred to in purngruphs 1 and 2�r chunge the amaunt af such puyments. <br /> 11.Barro�ver Not ReleASed: Forba�rance By Lender Not A Ws�iver.Extension of the time for payment ar nxx3ification <br /> of emoni•ration of the sums secured by this Security Instrurnent granted by L,ender to any successor in interest of Borrower shall <br /> not operete to relcase the liability of the originnl Boirower or Horcower's successors in interest. L.ender shall not be required to <br /> ��,�,� F�.�no�noa.nu eny cuccessor in interest or refuse to extend time for payment or otherwisz modify umortiaation <br /> of tho sums secured by this Securiry Insttument by reason of wiy demand made by the original Bonawer or Borrower's <br /> suaossors in jnttrest. Any forbearance by Lender in exerctsing any riglic or remedy shall not be a waiver of or preclude the <br /> exerciseof eny right or remedy. <br /> 12, S�sors and Assigas Bound;Joint and Sever�d Liability; Co-�igners. The covenants and agreemcnts of this <br /> Securiry Instniment shall bind and benefit the successors and assigns of Lender and Borrower, subject to the provistons of <br /> paragnph 11. Borrawer's covenents and agrcements shall be joint and sever:il. Any Borrower who casigns tl�is SocurIty <br /> Instrum�nt but does not execute the Note: (a) is co-signing this Security Instrument only to mortgage. grant and convey that <br /> Borrower's intQrest tn the Property under the terms of this Security Instcument; (b) is not personally obliguted to pay the sums <br /> secured by this Secnrity lnstrument;and(c)agrees that I.ender and any other Banower may agree to extend,modify,forb�ar or <br /> make any accommaintians with regard to the terms of this Se¢udty Instrument or the Note without that Bonower's consent. <br /> 13.Loan Charges.If the loan secured by this SecurIry Instrument is subject to a law which sets maximum loan charges. <br /> and that law is finally interpreted so that the interest or other loan charges collected or to be collectod in connection with the <br /> loan eaceed►he pernutted limits, then: (a) any such loan churge shrill be reduced by the amount necessary to cedur.e the charge <br /> ' to the permitted limit;and (b)enY sums almady collected from Bo�TOwer which exceeded permitted limits will be refunded to <br /> Borcower. Lender may chaose to make this refund by reducing the principal owed under the Note or by making a dJroct <br /> puyment to Borrower. If a refund reduces pr�ncipal, the reduction wili be treated us n partlal prepayment without any <br /> prepayment charge under the Nut�:. <br /> 14,Notices.Any notice to Borrnwer provided for in this 5ecurity Instrument shall be given by delivcring it or by mailing <br /> it by first class mail unless applicable law requires use of anothcr method.The notice shall be directed to thc Property Address <br /> or a�iy other address Borrowcr designates by notice to I.ender. Any notice to Lender shnll be given by first class mail to <br /> Lender's address stated herein or any other nddmss Lendcr designates by notice to Borrower. Any nottcc provided for in this <br /> Sei.urity Instrument shAll be decmed to hnvc been given to Borrower or Lender when given us provided in this paragraph. <br /> 15.Governing Ls�w; Severability. This Secudry lastrument sl�ull be governed by federal law and the law of the <br /> jurisdidion in which the Property is located. In the event that any provision or cluuse of this Secur(ty Instcument or the Note <br /> confl icu with applirable law,such confllct shali not uffect otlier provisions of this Security Insttument or the Note which can be <br /> given effect without the conflicting provision. To this end the provisions of this Security Instrument and the Note are declarod <br /> to be severable. <br /> 16.Borrower's Copy.Borrower shall be given one conformod copy of the Note and of this Security Instrument. <br /> fo►m 3028 9180 <br /> Page�of 8 <br /> '`r � . ...., .. ., i_� -,._: , • 'r j- -� ,. ��I .f.Yu� � r�- �Jt S•.�, .,..- - <br /> 't� � _ . , . r c i 0 ,yst�� .. . i; <br /> �,,. .�. . . i T � � i�T <br /> tix � k,. . 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