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<br /> 97- 1�'�'� _
<br /> paynxnts may no longu ba required.ac tho option of Lender,lf mangaga inswanco cnverago pn ttw unount Nnd fcx perkxl
<br /> that Lendcr requires) providad by an insurcr eppmved by Lender again becomcs availablo and i�obtaincd.Aarrc►wc�Khdl��y Iha
<br /> . premiums requirat m meintatn m4rtgage jnsuranca in cffoct, or to provide A losa rosavo, undl tha roqulremcni fa mixt�ylo
<br /> ins�ranr�e ends in eccordana wIth any wduen agreement betwan Bormwu and 1�ender a epplicabic I�w. __.
<br /> 9.Inspectioa. Lenda or Its egent may malce ressonable enules upon and lnepoctbns of tho l�raperty. t.r��k:r du�11 pivo '-
<br /> Borrowu notke et the dmo of or pdor to en inspecdon specifying rea�onabk cauae fa ihe inspoctbn.
<br /> 10.CondemnAtion. 'It�o pmceeds of any awsud or claim fpr damages. dirat or conaoquenWl, iR cat�rwctlnn wlth�ny _
<br /> condemnadon or other taking of eny put of the Proputy.or for comeyonce in Ileu of candemnuion,Nro hereby�uul�nad and
<br /> shall bo paid to Lender.
<br /> In tho cveat of a total taking of f3ee Pmperty,the proceeds ahaU bo applfod W tho suma eocw�od by thie Socurily InaWmcnt,
<br /> � whether or aot then due,with any cxccss paid to Bocrowcr.In tha evcnt of a paRial taking of the Pcopaty in which thn f�lr mArket -
<br /> valus of the Pr+operty immcd�atelY lxfore tha takin8 la ulual W or g�eater than Ute emount of�ho suma exurod by th�Secudty
<br /> • Instivment immediataly before the taldng. unless Sorrowcr and Lenda otherwise agrx in wddng,�ho �ums rxured by thi�
<br /> Securlty Instrument shall be reduced by the amowt of thes procads muldpUa!by tho foAowing tr�ctbn: (a)tho total anaunt of
<br /> , the sums secured immediately before the takLiB�divided by (b) the falr market v�lue of ihe Property lmmedlYCly baforo tho
<br /> � talcing.Any balanca shall be paid w Horrowu.In the event of a pardal taking of the Property in which the fulr market v�luo of tho
<br /> '�; prnptuty immedlately before lhe taking i.g less than the amount of the sums sacured immodiately beforo tho Wcing, unlue
<br /> � Borrower and Lender otherwise agree in wridng or unkss applicable law olherwtse providea.�he procad�ahAU bo app8ed w tho
<br /> aums secured by this Sxurity Insmunent whether or not the aums are then due.
<br /> �'� If the Proputy is aba�►doned by Boaower, or if.efner nodce by Lendu to Borrower that tha condemnor otfers w mako an
<br /> award or seub a c1Him for damages�Borrowu fails to respond w Lender within 30 6tys after tho data tha nodce b given.L�ender
<br /> ' is sutharized to collect and apply the procads. at its opdon,either to c�toradon or regalr of the Proputy or W tho nums eecurod
<br />� by thls Security lnstrument,whethu or not then due.
<br /> Unless Le»da and Sorrower wherw+lse agree In wdtin6,e�Y 8PPlicadon of pracade to prInclpul ahAll not axtend a�stpottia
<br /> the due date of the monthly paymenm referrad to in paregraphs 1 and 2 or change the amount of such pxymenu.
<br /> ;;:� 11.Borrowa l�Tnt Rekased;For6aranc�By L.ender Not a Waiver. Bxtension of Ihe tIme for payme�t a modiflatbn
<br /> of amo�tiTedon of the aums socurod by tt►is Securlry Instrument granted by Lender W any aucce.ssor in Intereet ot 8orrower thaA
<br /> �t 4g�rare u►rekace the 1tabWty of the original Hotrower or Borrowu's succes.4ore in intaest.l..endu ah�ll not bo ro4ttlrod W
<br /> commcnce proceedin8a agatnst eny successor in interest or refuse to extend dmo for pRyment ar otherwiae nwdify�rnatiz,�tlon o[
<br /> ,�:, the sums eocured by ihis Security 1nsm�ment by reason of any dema�►d made by tha orlginal Borrower or Bomower'e�uccaeon
<br /> : in inte�res�My forbearanco by Lender in exaeising any right or remody slwll not be a waiva of or procludo tho e�cercise ot any
<br /> � � right or rcxnedy.
<br /> 12.Sucoeaeore and Aeai�n�Hound;Jotnt s�ad Several Llabliity; Casi`ners. 1t►a covenanta md �gramor�u of thL
<br /> ' Security Liad�umait shall bind and beaiefit the succes.cors and assigne of Lendes and Borrowu, subjoct W tho pmviaioiu of
<br /> .? par.�rsph 17. Bosmx�cr's CoveaatlL: astd Agnesmtnu sh*JI be jnint and sevetal.My BoRnwer who co-sigru �I�L Securlty
<br /> � Insuument but does not eacecuta the Note:(a) i�co-signing thls SecurIty Insaument onty to mortgage�gdnt md oonvey ttut
<br /> Borrowu's interest in tha Pmperty under the u,�ms af this Socurity Instcuument;(b)is not peraonelty oblig�ted to pay the wms
<br /> : sacurod by this Sec�uity Iastriunent;and(c)egras that Lender and aay other Borrowu may agroo to extend.modlfy,fcxbear a
<br /> . make eny wcomnwdatbas with ngard to the te:ms of this Securiry Instrument or t�ea Noto wlthout that Borrower'a con�en�
<br /> 13.Lo�s Ch�rsa. If the loan securod by this Secuciry Instrument is subjoct w a is�w wbich sets maaimum lan char�w,
<br /> , and that law is finslly intaYxeted so Ihat the tntexest or ntha loan cherga collected or w ba colbctod in connectkn wi�h the io�n
<br /> excood tha pamiaed llmits.then:(a)any s�ch loan charge shall be reduced by►he unonnc nocess�ry w reduce�he chrge a tho
<br /> pamittai Wnit;uid (b)any sums already callocuA from Borrowu whlch exceedod parniuod limi�will be nfundod W Barower.
<br /> Lender may ct�oose to m�lce this refund by reducing the principal owod under 1he Nor,e or by malcing a dtroct p�ymait W
<br /> IIormwca 1f g refund roduces principal. the reducdon wlll be trcatod as a pardal pr�epayment without any prep�ymait charga
<br /> ' , unda the Note.
<br /> :, ; 14.NMices. Any nodce w Borrowu ptov�ded fa in this Secudty Inswment ahall be gtven by dellvedng it or by maUin�!t
<br /> by tirst cy�,y mail unkss appitcabla law requires use of anothu method.'Ilie nodce sheU be diroctod to tho A�opaty Addr�ss or
<br /> any otha aWm�Barower designates by notia to Lendu.Any noticce to Lender shaU be given by Cust class mail to I.ender's
<br /> address stated tkrein ur any other address Lender designates by noticca w Bo�rowa. Any notice pmvidod for in thls Security
<br /> Instn�mrnt shall be damed oo bava been given to Borrowu or I.e�uter when given a�provkfod in this paragraph.
<br /> 15.Goveruf�g [a�v;Sever�bWty. This SecurIry Insuvment shaU be govemed by fedual law and U�o l�w of tho
<br /> jorisdicflon in which the Propaty is located. In the event Ihat eny pmvision or clauso of this Sxurity Instcument a tho Nota
<br /> conflicts with applicable law.such cociflict shall not affect other pmviskns of this SecurIry Inslrument or the Note wh�h can ba
<br /> given effect without the confAicdng provision.To this end the provisions of this Security Instrument and tha Nou aoo deelued W
<br />= be sovuable.
<br />- Form�OZ� 9190
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