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<br />�`.i� paymenu may no lan4er ba rcqulrod,�t the optlon of Lender,if mortg�ge inauranca coeer�ge(la the amount and for o per od �?
<br /> tPiat Leitdcr requirea)provlded by an insurcr appmvcd by l,endcr agRin becomes availnble snd is obtained. Borrower shtll pxy
<br />� the premiwns requlrcd tu twhnuin mortg�ge in�urance In efCect,or ta provlde n l�ss reserve,uR*.il the requirem�nt for mottgage ����-
<br />•__".J, insur�ace enda in�ccordana wlth any wdtten a��ament betweea Borrower and Lender or applicable law. �nder shall [ve =
<br /> 9.Iwpectlon.Lender or its agent may maJrte reasonable enulea upan ar.d icsnecdons of the Property• S �tsV
<br /> • , Borrower aotice at the time of or prior to en�nspecdoa specifying reasoaable cause for the inspection. —
<br /> -� 10. Condemnatbn•'fhe praeeds of any awud or cla3m for damagea, diYecc ar consequenNal. in connxtion w'ith anY �„__
<br /> condemnatloa or other taking of any part of the Property, or for conveyaace in lieu of cocsdemnation, are hereby assigaed and =__
<br /> '�� shall be paid to Lender. Ifed to tk¢su.ma secured bY this Sccui[ty Iasttument.
<br /> . r Ia the event of a total t��k3�g of the Propccry,the procceds sholl be app
<br /> ��� whether or aot then due.w[th anY excess nxid to Borrower.In tha event of a partiat c�rinS of t�e Propecry ia which the fair
<br />_�Y., � i m m e d i a t e l b e f o e e t h e t a k i n g i s e q u a l t o o r g r e u t e r t�aa tlu a�=t of the sums secured by this
<br /> mnrket v a lue o f t he P rope c t y Y
<br /> - �ecurlty Insmiment immedtQtely before tha takta$,unlasa Bortower and Leadar cx�rwise agrce in wtiting,the swns secured by _.
<br /> '' ix�b tke fallowing fraction: (a) the total
<br /> thio Securlry Iustrument shall be reduced by ihe unount of the proceeds�u.np' Y
<br />'�R'°' aiucwu af the suse�s ser�iad iminediately before the taldag,divided by(b)tIza Pai troarket value of the Pmperty immediatelY
<br />--;-�:� bcfoc�the taking. Any belance shnll be paid to Borrower. In the event af a partial taking of tUe Froperty in whlch the fair
<br />=;� mnrket value of the Propecty immediately b�fore the taking is less thei►the am°�le law otherwise pro Ides,th�Plroceedg 8�1
<br /> -�,�� t�ing,ualess Borrawer aad Lender othecwise agree ia wrlting or unless app �
<br /> -� be applied to the aume secured by chis Securlty Insuuraent whether or not the suias are then due.
<br />�;�;� � If the Property is abaadoned by Borrower, or If,after notice by Lender to Borrower that the coademnor offere to make an
<br />-.�;� awud or aettle a cl� for damages, Bo�we�a't�iresp°�on�either to res orati ndar repair of�the APropertY or o it�e sVUms
<br /> :^ L,ender ia authorized to collect and apply p P
<br />:t;,;�� secured by this Secudry Instrument,whether or not then due. ��on of roceeds to principal shall not oxtend or
<br /> ;,;,;;� Unless L,ender ind Borrower otherwise agne in wdtin8� a°Y�p�d 2 or chenge the amount of such paymenu.
<br /> `_� postpone tho due dau of the monthly paymenu referred to ia puagr�►p
<br /> �_='_ �t.Aorrower Not Releasedi Forbearance By Lender Not a Waiver.Extension of tt�e time for payment ar modiScaUon
<br />'4_.'�`. _
<br /> ,,,;,s of emortization of the sums secured by this Sceur1►Y Insuument granced by Lencur io any n�'.`.ess8r ia�atsr�t af�-:�:�er�
<br />;'�r�. . not opente to releau tlie liabUtty of the origlnal Borcower or Burrower's successors in interest. Leader shell not be required to
<br /> �--= c�aunence pmcadinBs against any successor in intereat or ref�se to extend time for payment or otherwiso modiPy uno�don
<br /> oP the aums securcd by this Secudry lttsavment by reas°a of any demand madc by the original Sorrowcr or Bomower's
<br /> � sucecss4ra in interest. Any forbeuance hy Leader in exercising any r181it or remedy sha11 not be a waiver of or preclude the
<br /> � eaerciae of any rlght or searedy. The coveaaata aad agroemeata of this
<br /> ' 12. St�ason and AeelB� Bound: Joint and Several LtabWty; Co-s[�ners•
<br /> Security Insuumea�t a�aU bind and 1�netit t6e successors aad Assigas of Leader wd Borrower. subject to the provisione of
<br /> � Pu�gr�ph 17. Borrower'a covenants and agrxnxata shdl be joint ond sever�l. Any Borrower who co-sigas thie Securlty
<br /> • Inatrumeat but doa aot eaecute the Nota: (�) is co-signing tl�is SecurIty InstNm�►t only to mortgage. gcwt and coaveY tha�
<br /> ' Borrower's inurest ia the Property under the terms of tbis 5ecuriry Iastcumeati(b)is not penon�Uy obligatod to pay the suaas
<br /> � eocurtd by this Secudty Insm�ment:and(c)�gc�es t�at Lender end any other Borrower may ag�ee to extend.modify.foibeu or
<br /> �e�ay ac�mmodu;ons with regerd to the terms of this Secutity Insuvsneat or the Note without thu Borrower's oontient.
<br /> ' 13.Lwn CWrges.If the loan aecured by this SocuritY Inst�ume��is aut►1°ct to a law which sets me�cjmum loau chugos.
<br /> and th�t law is fin�(ly interpreud so thu the inurest or other losin charSa colle�ed or to be collxtod in connectIon with tlie
<br /> loan excad the permitted limita,then:(a) any such loan charge ahall be rodnond by the amount necessaiyr to raluce tLe chuge
<br /> - to the pecmittod limit: �ad N) any sums alrady oollocted from Borrower which excooded percuttted limita wlll be refl�aded to
<br /> Borrower. Lender may choose to malce this nflu►d by roducin8 the Princ�P�l owod under the Note oiby making�au �
<br /> prymeat to Borrower. If a refund nduces principal, the nduction wUl be m,ated as a Partial Pt'eP Y� y
<br /> . �. PI'�P�Y�t c1�Se uader the Note.
<br /> — 14.Notices.Any notice to Borrower provided for in this Securlty Instnuaut aha11 b�8iven by delivering it or by m�iling
<br /> -- it by firat class mall unless aPpltcabte law requir�s use of another method.T'he nodce ahail be directed to the Property Addrtss
<br /> or any other ddras Bormwer deslgnates by nodce to Leader. Any notice to Lender ahall be given by first clau m�il to
<br /> I,ender's sddnss atued henin or any other oddnsa Lender designates by aotIcx to Borrower. Any noaoe providod for in tLia
<br /> _v � _ Sxurlty Insqvment a'l�all be deemod to have been given to Borrower or X.ender wh►sn given as pmvided in chis par�graph.
<br />- 1S.Govaning I.ap. Seva�bilEty. This Security insmunent a�►all be govemed by faleral law and t6e liw of the
<br />:�::::ii:� j�uisdiMion in which the Property is located. In the ev�nt that any proviston or clnuse of tLia Security Instmmenc or the Nou
<br />:Y:�=� oonfl;cta with applicable law,such oonflict ahall not affect other provisions of this Secudty Instrnment or the Note which c�n be
<br /> ��•,�.;"�' given effect wtthout the oonflicting pmvision. To tbis end the provisions of thia Security Iastrument and the Nou an declnral _
<br />_°�;��=':� to be acverable.
<br /> =�'"'�� 16.Borrowa'a Copy.Borrower shall be gtven oae wnformed copy of the Note and of thia Securiry Ivstniment.
<br />=.'.;�•Y Form 3028 9l80
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