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.. :.,� <br /> , _ .......- <br /> � - --- <br /> ..�.�..»„ __..a,L�:��.._._ _ ..��,..__._.. <br /> _ __ _ - - <br /> ��'"'�Q�a��� <br /> poy�nents may iw lunger be requiral, at thc optiun of Lenci�r. if mortgagc insurancc cavcrugc(M ihe unwunt and fur she perlai <br /> that Lxnder requires) providocl by wi insurcr uppraved by L,ender ngein t,ecamev uvuilabtc und is obtsitxd.Borrawer sh�ll pwy <br /> the prcmiums aquiral tu nusintain mortguge insurwxc iu effect,or to pruvidc a loss restrve,until thc requircment for mart�age <br /> insurance ends in arcorJance with eny written agreement txtwan Bormwer u�xi [.ender or applicuble law. <br /> 9.Ins�cUuu. I.sndrr or it9 n,n,rnt irmy mnke renu�nable cntriea upon mid insnections of the Property. I..cndcr shall givo <br /> Barrower notice at ihe tinx of or prior to un in�spection spocifying reasonable cuur+e for ihe in.spoction. <br /> 10.Condemtution. The praxeds uf any award or claim for de�nagcs, direct or can.cequentiul, in connectlan wi/h any <br /> condemnation ar�thcr taking af any part of tho Property.or for convcyance in lieu of condcnuiation.arc hcrcby assig�ud and <br /> shall bo paid to Lendcr. <br /> In the event of a total taking of tl�o Pmpeny,the prcx:eeds shall be applied to the sums securod by this Security Instrumcnt, <br /> whcthcr or nat then due, �vith any exccsc pnid to Bonowor. In tha cvcnt of a partial taking of thc Property in which the f�ir <br /> market valuc of the PropeMy immcdiately �efon thc caking is equal to or greater than tho anx►unt af tha sums socured by thix <br /> Security Iastrumcnt imnxdiately bafarc the taking. unless Borrower nnd Lendcr othcrwise agroc in writing.the sutns secural by <br /> this Security Instrument shall be roducod by tho amount of thw praccods multiplied by the following fractfon: (a) the tdal <br /> a�nount of the swns socure�!immedic�taly bcfore tho taking, divtded by (b)tha�fair market vpluus uf.the E'ro�crty +m►nediately <br /> before the t�king. Any balanco sl�ll be puid to Ba'rowor. In thn.evcnt ab�a partial uking�of�ths E'ropcny in which the fair <br /> mnilcet valuQ of the Property imr�iately before tho�t�lanR.is less than the amnue�x.af tbs�suac�•socurod Immedisuely before tho <br /> t�icing. unlass Borrowcr and Lcndar otbarwi�e agrae tn writi�'�{,�:�unlcss applic.uts!e law�c��r+�'t�e pmvides, the proceeds st�all <br /> bc upplicd co the sums socured by�his Security Tnsuument w�ber or not the sums are ihen due. <br /> if tAa Property is abandoned by Horrawer,or if,atier noticc by Le�de�to Horrower that the condemnor of�'crs to make an <br /> award or setde a claim for demages. Borrower fails to respond to i.ender within 30 days after the date tlte notice is given, <br /> Lender is authorized to mllect and apply the procoeds,at Itg option,either to restoration or repair of tho Property or to the sums <br /> secured by this Socuriry Inat�ument,whether or not then due. <br /> Unless Lender and Barrower otherwise: agrec in wridng, any application of proceods to principal shall not �xtend or <br /> postpone the due date of the monthly peyments referred to in paragraphs I and 2 or change the arnount of such pyyments. <br /> 11.Borrowa Not Rdased;Fa�bearance Sy 1.enda'Not a Wsiver.Extension of the time for payment or modifiration <br /> of amactization of ttie sums securod by this Security Instrument grantod by I.ender to any successor in interest of Borrower shall <br /> nat opentG to release the liability of the original Borrower or Borrower's successars in intcr�ess. Lcnder shall not be requirod to <br /> commence proccedi►�s againsi auy nu�x,�iii liit�twt t'if itSiio',tu exiess:t ii!�fi.r naymrnt or otherwIsc modifY amortixatiop <br /> of the sums securod� by this Security Instcument by reason of any demar�d made by the origiaal Borrower or Bormwer's <br /> ,uccessors in iMerat. Any forbearana by Le�xler in exercising any right or remody shall not be a waiver of or prccluda tt�e <br /> exorcise of any rigbt or remedy. <br /> 1Z. Suocessors and As�si�f�ound:JoGk aad Sever�l Liability, Cu-siRner�.The covenants ard agraments of this <br /> Securiry tnsaument shall bind and benefit the sucasso�s and assiBns of Lender and Borrower,subject to the }novisions of <br /> paragraph 17. Borrower's oovenants and agrecme.nts shall be joint and several. Any Borrower who casigns this'Socuriry <br /> Inst�uimnt but does not execute the Nota (a) is co•signing this Security Insc�ument only to mongage. grent and canveY ttut <br /> Borrower's interest in the Property under the terms of thIs Security Instrurrknt;(b) is not perso�wlly obligatad to pay the suma <br /> secured by this Saucity In�ttument;and(c)agras that L.ender and any other Borrower may agra ta extend.modify,Yorbear or <br /> make any acconunodations with ngard to the tertns of this Sacurity Instrument or the Note without that Bacrower's consent. <br /> 13.i.wn C�.�f the !an saured by this Security Instmment is subjact to a Iaw which sets maximum lau�charSa. <br /> u�d that law is finally interpmed so that the interest or other loan charges collocted or to be colloctal in connection witb the <br /> loan exoa�d the pertnitted limits.�hen:(a)any sucb loan chargr.shall be nducal by the amount�sary to rodua the chargc <br /> • to the pemtitted liaut;smd (b)any sums already�ollected fmm Boirower which exoaded pcmninai limits wiH be refunded to <br /> Bamwer. I�ender may choose to make this nfund by roducic�g the PriaciPal �w�d under the Note or by mnking a dirxt <br /> paYment to Borrower. If a refund reduces principal. the redaction will be trcated as a paRial prepayment witlxwt wry <br /> p�+epaymrnt chacge under the Note. <br /> ' U.Notlas.Aay naia to Borrowar prvvided for in this Socurity[nshumm�t sh�ll be given by delivering it or by mailing <br /> it by Frst class mail unless applicable law rcquires use of another method.The r►otice shal�be dircetod to the Pcapeity Address <br /> or any other address Borrowar designates by notia to Lender. Any twtIce to I.etdsr shall be given by ficst dus mwil to <br /> [.ander's address stated hec�ein or any other addrcss Lender designates b,y notice to Borrower. Any noticx provided far in this <br /> Security Instcurtrcnt sh�ll be deemod to havc ban given to Borrower or Lender when given as pmvidod in this paragraph• <br /> 15.t':avernit� Law; Sever�Wlity. This Security Inswment shall be govemai by federal law ancl thc law of the <br /> jurisdiction in which the Property is lacated. In the event thst any provision or clause of this 5rcuriry i�utiument or the Note <br /> oonflicts with applicable law,such rnnflict shall not affect ott�er provisions of this Security instiumeat or the Note which can be <br /> given effect without the conflicting provision. To this e��d the pmvisions of ttiis Security Insuvment and the Note are declared <br /> ro be severable. <br /> 16.Barower's Copy.Borrower shall be given o�c mnfornxd copy of thc Note and of this Secnrity Instrument. <br /> Form 30Z8 9190 <br /> , Ppe�o16 <br /> • � <br /> -- - JL,_ <br /> '.'Sla �41�1f.YLVt Y iw F.' s ^sl <br /> - +q t..T.:.'..^.'''�.Y: ..�[���'T�M S. {?YSR�*.'�'�.� ..��� 4-` <br />�.. ^^�_�.�tr1't��•c '•J�t•�i�'�b? Y v i..,.. _ ., . ��,,:Yf; . ,v�._._-- -- _ <br />