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,. ��..:.. � . <br /> , <br /> , _ <br /> ._ _ ___� ._......a.��%.JIJ_P/LY�[�� <br /> e.�n�.n- -_ -• W . <br /> ��_ 10�738�. <br /> paynxnta may na longcr be required,at the option af Lcnder,if mortgogr,insurnnce tave=rn�gc(in the umount and far the pertod <br /> that l.ender requires) provided�y an insurer upproved by I.ender aga�n bccomes avuilable and is obtnined. Bonower shall pay <br /> thc premiums rcquired to ma�ntain mortgage insurnnr,e!n effcct. or to provide n loss re.5erve,until the requirement for moitgage <br /> insunince ends in accordance with any written agreement betwoen Borrower and I.ender ur applicable law. <br /> 9.InspeMton.Lendcr or its agent muy makc reasonable entries��pon nnd inspections of the Property. i.ender shell giv� <br /> Bc�rrower notice ut the Yime of or pdor to an inspection specifying reasonable cause for the Inspecdon. <br /> 10. Condemnation. The proceeds of any awurd or claim for dam:iges, direct or consequential, in connection with any ' <br /> condemnaGon or otAer taking of any part of the Properry, or for conveyance in lieu of condemnation,are hereby sissigned and � <br /> shrilt be paid to Lerder. <br /> In the event of u totnl taking of tt�e Property,the procexds shalt be applied to the sums secured by this Security Insuument. <br /> whetficr or not then due,wlth uny excess paid to Borrower.In ttN: event of a partial taking of the Property in which the fnir <br /> mnrket vulue of the Property immediately before the taking is equaE to pr greater thun the arraunt of the sums secured by this <br /> 5ecurity Instrument immediately before the taking,unless Ba;rowec and Lender otherwise agree in wridng,the sums secured by <br /> this Security Instrument shall be reduccd by the amount of the proceeds multtplied by thc following fractIon: (a) the totaf <br /> amount nf the aums secured lmmediately befare the takIng.divided by (b) thc fair market valuc af thc Property inunediately <br /> beforo thc tnking. Any balancc shall be p�id to Borrower. In thc event af a partial taking af the Propeety in which the feir <br /> market valuc of the Proporty immodiately bctorG the talcing is less thnn thc amaunt of the swns sccured immediately befote th�e <br /> tnking, unies�Borrower and l.endcr otherwise�grce in writing ar untess u�licable luw uth�rwl,c provfdes, the pmcads sh�ll <br /> be applicd to the sums sccurcd by this Securl�y Instrunxnt whethcr ar�x�t the rumr aro then duc. <br /> lf tha Praperty iN abe�xlonod by sarmwer. ar if. uRer notice by I.ender to&�rrower that the candemnor offerx to mako an <br /> awurd ur acttic a clalm far datnuges, porrawer Cuflx to respuixl tu [xncter within 30 duyF ufter tbe datc thc �wticc 1�given. <br /> I.c�xler i.r wuthorized to collect u�xi npply the proceeds. at ita op�ion,cither to restoration or repair af the Property ar to the sums <br /> Fa:urccl by this Security Instrument.whether or nat then duc. <br /> Unless Lender and Borrower otherwiu agree in writing. uny application of proceeds to principal shall not extend or <br /> postpo�k dx duc date of tha mnntbly payments refcrced ro jn paragruphy 1 and 2 or change the amount of such payments. <br /> I1.Borrower Not Relaised;Forbiwrxnce By Lender Not A Wpiver.Bxtension of the timc for payment or mocilficatlon <br /> � of umortizatton of the sums socurod by this Security Instn�ment�rented by I.ender to any successor in interest of Borrower shall <br /> not operatc to rclease the liability of the original Borcower or Borrawcr's successors in interest. Lender shaq not be requircd to <br /> k enmme►ue p��!#nos�g�in�t sn; ss�s��r in fnuc�s or rcfuse ta;,xtassd iitnc for�ay-r�cat u,i,i1►ei�jnc a�ixiiiy arrx�rlication ° <br /> � of the sums saured by this Securiry InstNment by reason of any demand made by the origina! Horrower or Horrowcr's <br /> �`- successors in intercst. Any forliearame by Lender in exerclsing any r�ght or remedy shall not be a waiver of or preclude the <br /> - exen:ise of any dght or remedy. <br /> :_ 12. S�tcce�ors and Assigns Bound;Joiat and Several Ltability; Co-stgpers. The covenanu and agrcements of tbis <br /> � Sacurity Instrument shall bind and benefit the successors and assigns of I.ender and Borrower, subjxt to the provisions of <br /> j paragraph 17. Borrower's cavenants and agroements shall be joint and several. Any Bottower who co-signs this Security <br /> : insuvment bu.t does not oxecute the Note: (a) is co-signing this Secudty Iastrument only to mortgage, grant and convey that <br /> = Borrower's intercst in the Property under the terms of this Saurity Instrument;(b)is not personaily obligated to pay the sums <br /> -- secured by this 5ecudry Instrument;and(c)agrees that Lender and any othcr Borrower may agree to extend,modify. forbear or <br /> � make any accommodations with regard to the terms off this Security Inshument or the Note without that Bonower's consent. <br /> 13.I.oan Charges.If the loan se¢ured by this Security Instrument is subject to a law which sets maximum loan charges. <br /> � and that law is finally inte�preted so that the intercst or other loan charges collected or to be collected in connectlon with the <br /> ,;�; loan exceed the permitted limits,then: (a}any such loan charge shall be reduced by the amount necessary to reduce the charge <br />;�I , to the permitted lin�ir and (b)any suras elrrady collected from Borrower which exce.eded pernutted llrrdis will be refunded to <br />;=ti Bonower. I,ender may choose ta make tt�is refund by reducing the princtpal owed under the Note or by making a direct <br /> _ �+aytnent to Hortower. If a refund reduces princigal, the recluction will be treated as a partial prepaynnent without any <br />_'�- prepayrnent charg�uncler tiie Note. <br />�a, 14.Notfas.Any noHce to Borrower provided for in this Security Instniment shail be given by delivering it or by muiling <br />�� it by first class mail unless appl[cable law requires use of another method. The natice shall bc directed to the Property Address <br /> � or any ather address Borcower designatas by notice to I.ender. Any notice to Lender shnll be given by tirst ciass mail to <br /> Lender's address statod heroin or any other oddress I.ender designates by notice to Borrower. Any natice providal for in this <br /> �� Securiry Instrument shall be deemed to have been given to Borrower or Lender when given as provided in this paragraph. <br /> 15.Governtng Law; Severnbility. This Securiry Instmment shall be governed by federal law and the luw of the <br /> ' jurisdiction in which the Property is located.In the event thet any provision or clause of this Securiry Instrument or the Note <br /> x conflicts with applicable law,such canflict shall not affcct other provIsions of this Security Instrumcnt or tha Note which can be <br /> � given effect without thc confl[cting provlsion.To this end the provisions of this Security Instrument and the Note arc dcclaral <br /> to be severuble. <br /> � 16.Borrower's Copy. Borrower shall be given one conformed copy of the Note and of this Securiry Instn�ment. <br /> i <br /> � <br /> Form 3028 9190 <br /> v�4 a�e <br /> � � � <br /> -- -- <br />