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<br /> puynxnts nwy�w langcr bc rcyuiral,at thr optian uf l.endcr, if marigagc intiuruncc covcrugc(in thc amount A�x1 i'or the;perlad
<br /> that Lc�xlcr requircsl provided by an insurer approvcd by Lender agnin bccon�es uvuilublc and i9�htainecl. &�rrowcr shull p�y
<br /> thc prcmiumw�eyuinrl to nmintnin nx�rtgugc intiurnncc in cffcct,nr to provide u luss reccrvc,undl thc requircmant far mungagc
<br /> insu�ancc cn�ls in uccarden�:e with Any wriuen agrecnxnt between Bormwcr and l,cixtcr or upplicuble luw.
<br /> 9. lnvpeMion. l.cndcr��r it9 ugent nmy make rcawanahlc entrlcs upnn and inspeciians af thc Propeny. 1.cndcr FhAll givc
<br /> Barrowcr nnticc rt tho tir�k of ur priur to an inspccdan spctiFying rr,asanuble causc for thc inspcctian. �
<br /> 10. Candemn�tlan. The pracecdy of uny uward or cluim for dumages, dircct ur cansequentiul, In cannection with any
<br /> candcmnution or other tuking of«ny pun of the Propeny.or fa•eonveyunce in lIcu of cundemnutiun,ure hortby a.ssigned and
<br /> Ehall be paid to Lcndcr.
<br /> In th¢event of u total tuking af the Property,the praceeds shull be applied to the sums secured by this Security lnstrument,
<br /> w�hether or nnt then due, with uny excess paiJ tu Barrowe�. In the e:ent of a purtial taking oi the Praperty i�which the fair
<br /> market value af the Property imnxdiutcly bcfor�e the taking is equal ta or grcater tha��the amount af the sums u�uroJ by tlii�
<br /> Security Instrumont Immediatcly beForc the tnking,u�less Borrower and Le:ndor otherwise ag►ee in wdting,thc sums secured by
<br /> this Securlty lnstrument shall be reduced by tlu ac.^.�waa of the pmceals mult3plMd by the follawing froction: (a1 �e totnl
<br /> artx►unt of the sums r,ecurcd immcdiatcly 6efore the t�king, divided by(b) the fair market vtdun of the Property imnxdiatflly
<br /> beforc thc taking. Any batwnce shall be paid to Borrower. In the cvent of a partial taking nf 11io Property in which thc futr
<br /> market value of the Property imnxdiately beforc the tsking is less than the artiaunt of the sums secun�inunodiately befare the
<br /> talcing.unless Borrov�er aixl l.ender othenvtse agree in writing or unless appllcable law otherwise providts,thc proceeds shall
<br /> be applied to the sums securai by this Security Instcument whether or not the sums are then dua
<br /> [f the Property is abandoned by Borrowcr.or if,after notioe by Lender tu Borrowcr that the condemnor olfe�ta make an
<br /> award or settfe a claim for damagcs, Borrower fails ta rtspond to Lendcr wtthin 3�days after the date the notice 3s given.
<br /> Lender is authorized to collxt and apply the pracads,ut Its option.either to rcstoration or repair of the Property or to the sums
<br /> suural by this Secudty Instnutixnt.whether or not then due.
<br /> Unlass Lender and Horrower otherwise agrce in wrIting, any appltcation of proceeds to principal shell not extend or
<br /> postpone the due dat�of the monthly payments refernd to in paragrnphs 1 nnd 2 or change 1he amount of such payments.
<br /> 11.Bormwer Not Released;Forbearance By Lender Not�Waiver.Extension of thc time for payment or modificution
<br /> of amorti•raUon of the sums securod by this Security Inswment granted by L.ender to any successar in interest of Borrower shall
<br /> not operate to rclease thc liability of the original Borrower or Horrower's suco�sors in interest. Lcnder shall not be requirod to
<br /> M���►�r�Yrlin�c againcc any�ucccceor in interest ar refuse to extend time for payment or otherwlse modify emortization
<br /> of thc sums socurod by this Secudty Instniment by reason of any demand made by the origi�wl Botrower or &►rrowar's
<br /> successors in interest. Any forbearanc�e by L.ender in exercisirig any right or Kmedy shall not be a waiver of ar prcclude tha
<br /> execcise of any dght or remedy.
<br /> 12. Suoce�ors and Asstgn9 BowndR Join/ and Several LiaWlity; Co-signers. The covenants and agrtements of this
<br /> 5ocurity Iostrument shall bind and benefit tho succescars and assigns of Len�er and Borrower, sub}ect to the provisions of
<br /> puagraph 17. Born►wer's cuvenants and egaements shall be joint and c+everai. Any Borrower who casigns this Sccurity
<br /> Inshument but does not execute the Note: (a) is co-signing this Secur�ty Instrument only to moKgage. grant and rnnvey thAt
<br /> Borrower's int�rcst In the Property under the tcrms of this Security Instcument; (b)is not personaUy obligated to pay ttu�ms
<br /> securod by thls Security Instniment;and(c)agrecs that Lender nnd uny other Borrower may agree Ro eatend.modify,fox�r or
<br /> make an�+acc�omnadations with regard to the terms of this Sccudty Instrument or!he Note without ttwt Borrower's con�ent.
<br /> 13.I.oan Clurges.If the loan securod by this Securiry Instrument is subject tp a law which sets maximnm lwn chuges,
<br /> end that law is 6n�lly interpretod so that the interest or other loan churge.s collected or to be collectal In mru�ection with tht
<br /> ; loan exceed t�►e pemutted limits,then: (a)any such loan charge shall l�:reduoed by the amount neccssnry to redua the charge
<br /> � to the permitted limit: and(b)any sums elready rnllected from Borrower which exceeded permitted limiu wiil be rcfunded to
<br /> Borrower. L.tnder roay choose to make this r+efund by reducing the principal owed under the Note or by �ng a direct
<br /> payment to Borrower. If a refund nduces principal. thc roduction will be trcated as a partial prepuyment withaut any
<br /> prepxycncnt charge under the Note.
<br /> 14.Notkes.Any notice to Borrower pmvided for in this Security Inshument shall be given by delivering it or by mailing
<br /> it by first class mail unless appficable law requires nse of another method.The notice shall be dinected tu the Propeny Addnss
<br /> ar any other addmss Borrower designates by notice to Lender. Any notice to Lcnder sball be given by first clus mail to
<br /> Lender's address statal herein or any other addcrss Lender designates by notice to Borrower. Any notice provided for in Wis
<br /> Security ivatrument shall be deemed to have been given to Borrower or L.ender when given as providod in this parngraph.
<br /> 15.GoYerntng Law; Severabilih�. This Securlty Instn►ment sha(l be gowrned by federnl lt►w and the law of the
<br /> jurisdiction in which tha Propaty ts located. In the event that any provision or cluuse of this Security Instrument or the Nota
<br /> conflIcts with applieable law,such confl[ct shall not affect oiher provisions af this 5ecurity Instrument or the Note whtch can be
<br /> given effect without the eonflicting provision. To this end the provisions of this 5ecurity Instrument and the Note are declarod
<br /> , to bc scvcrable.
<br /> � 16.Borrower's Copy.Borrower shnll be given one conformed copy of the Note and of this Securiry Instrument.
<br /> Fo►m 30Z8 9180
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