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<br /> • � psyments may no tonger be required,at the option of Lender,if mortgage lasurance wverage(in the aznount aad for tha pariod �.
<br /> ' �' that Lender requires)provided by an insurer approved by Lender again hecomes available aad is obtained. Borrower ehall pny ;__
<br /> � °'�'1! , the preraiums requirod to mal�►wtn mortgage iasurauce in effect,or ro pmWde a losa reserve.undi the requiremeat for martBnBe� �;
<br /> , � lnsurance ends in accordance with any wrltten agreeraent betweea Borr+ower aad Lender or applicable law. , :'
<br /> k. - 9. Inspectton.I.ender or its agent aaay make ceasonnble enules upon aad inspe�dons of the Property. Lendor ehnll givq
<br /> Homower aotice at the tirae of or prIor to an inspection specifying reasanable cause for the inspecdon. '� �
<br /> • »• �>> � 10. COIIdE1riQAu0A.The proceeds of eny awatd or c1aGn for clamnga, dinxt or consequendd. In connection witb any �
<br /> � cond�mnation or other taking of any part of the Property, or for conveynnce in lieu of condemnation, are hereby nssiBned and �'
<br /> stteli be paid to i.eader. =
<br /> :��'.��.. In the event of n tatal tekiag of the Property,the proceede shall tacr appllrA to the suma secured by chis Secudry Instrumont. °_
<br /> " whether or not then due.with aay excess paid to Borrower. In tho event ot a partiai taking of thc Property in which tho fulr -
<br />--- market value of the Property Immediately beforo thc tnking ia equal�o or greater thsn the amaunt ot the suma secured by thin
<br /> = Securlty Instn�mcnt immeaintely before the taking.unlcsa Borrower nnd Lender otberwise agrec in wdting,the suma secwed by
<br /> : �� tbta SecurIty Instniment ahall be reduced by the atpount of the pmcecds multiplied by the following fruction: (a) the totnl
<br /> tuasunt of the aums secured ltnmtdiately before the taking. dividcd by(b)thc fair market vaiue ot ttze Property immedistBly .
<br />� � � before tkc taking. Any balancc shall be paid to Borrowcr. In the aveat ot a partial taking of the Property in which the fuir -
<br /> �' ' . trmrket value of the Ptoperty lmracdiatdy befon the takiag le less th�the e�ow►t ot We sums secured immcdiately beforo the _
<br /> � ' taking.unless Borrower aad Lender otherwise agree ia writing or unless applicable law otherwise provides.the proceeda sbatl
<br /> � ,_.:�.' ' be applied to the suma secured by thia Serurlty Iastrument whether or not the swas are then due.
<br /> ��'; . If the Pn�perty ia abandoned by Borrower,or if.after aodr,e by l.ender to Borrower that the condemnor offers to mnke an
<br /> - �� award or settle a claim for damages. Bon+ower fails to rtsgoad to L.enaer within 34 days pRer the date the notfce ia givea. �
<br /> M�•'°i � � l.ender is authorized to collect and apply the pmoeeds,at its optton,either w restorst�on or repair of the Property or to the suq�a
<br />=�'-'°��"'°�� securod by this Scxurlry Instrutnent,wheWer or aot then due.
<br /> . Unless Lender aad Borrower atherwise ag�+ee in writing, any app&ication of proceeds to p:lncipal shnll not extand oc
<br />:_�f`�`�'�' postpone the due dau of tb,e moatWy payments refernd to ia paragaplia 1 and 2 or change the amouat of such paymenta.
<br /> ;,,, ,�, I l. Borrower Not Re1e�;Forbearance By Le�dEr Not a Waiver.E��teasion of the dme for paymeat or modifl�ation
<br />'"'T���r�: of amottization of the sums secured by Wis SecurIty Instru�nent granted by I.ender to any suooessor in intorest of Sorrower sh�U
<br />:::�ki: _
<br />,_.zi r��,.� not operate w release the llabfiity of ttie originat Bomower or Borrower's successors�n iuterest.Lender shaU not be requimd ta
<br />;ti`„�„h � commence Proceedings against aay sucoessor in intcr�st or refuse ro eatend tlme for puyraent or oiberwise modify amorti�on
<br />-„�; `!' of the snms secured by this Sara�rIty insuument by reason of any demand made by the orlginal Borrowor or Bomnwer's
<br /> ��: � succe�asors in interest. Any forbaaraace by I.ender in exen�ising any rlght or remedy s6til1 not be a waiver of or ptecluda the
<br /> �t:'° `' -- P�eres�of?�,y rig�r o**r�r.�y.
<br /> '� 12. Sa��sars and AssIgas Bound.JoWt and Several L�feb�: Ce-��� Ths cse�••�*tQ �* b�r_�eate oR tifis
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<br /> _� - Securlty Inst�ument shaU bind and beaefit the succes,sors and assigns oF Leader and Borrower, subject to We pmuieions of
<br />.°`'� paragraph 17. Borrower's covr.aants aad agreements sha11 6e jo(nt and several. Any Bornower who casigns tWs Scscurety
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<br />_-,;. insultmeIIt otu ut1GS uVi c7la:utv�tt[c iduic: l�/��iguiug wia ua,aRaiiy uuuui;s:ii�uiy w .iri,iagagcr�oai oi,u�Li7uircy wai �
<br />- '�. Barrower'a iaterest in the Praperty under tha terms of tAjs S�curity iQ+�.M•snt;(b)ia not personally obUgatrsd to�y the suma -
<br /> ,';�;�� secvred by this Secudty Instnunent:and(c)a�that LFnder and any other Borrower may� W e�ttend,modiiy.forbear or
<br /> �}n;��--- make any accommodations wit1�regard to the terms of tlus'Sewrity insmu�nent or the Note withont tUet Bomower's oonsent.
<br /> .:�..,�.� !3. Lwdn Clearges.If We laan secuc+ed by this Securlty Instn�ent is s�bject to a law wl�ich sqs maaimura.lasm charges,
<br /> ;:�:;'� aad that law is finaUy intezpreted so that the interest or ather loan chargea collected or to be coUected in connsctfaa wlth the
<br />-�`:` loan exceed the permitted li��s,�then:(a)aay sucb laan c3�arge shall be r�educed by the amount aaoessary to raduce the charge
<br /> . �"�� to the perniitted limit;and(b)aay sums atready collected fmm Bonower which exceeded pesmitted li�nits wW�be refunded ta
<br /> _ Bormwer. i.ender may choose to make this nfund by reducing the pr4ncipal owed uader the Note or by mau3ng a dIreci
<br />_____— — payment to Borrowu. If a refund reduces prin�ipal. che re�ivai�m wi11 be tre�ted as a partial prepaymant�without any
<br /> - pxepayment charge uader�Tlote. �
<br />_"`_� 14.Notloes.Any notiaa.to,Borrov�er provtded for ia thia SecutltLy Insm�ment shaU be gtven by delivelin�itur by mailing
<br />. '��� it by fust cl�Rs mail unless applicable law m.quires use of�nnother method.'lt►e notice shall be dir�cted to th6 Fmperty AdMess
<br /> _ _-��'W`:.;`' or any other address Borrower designatea by notice to Lender. Any nodoe to Lender shall be given by•fust clasa metl w
<br /> =°—_�--°— Lender's address statod heneia or euy other address Leader dcsignates by notice to Borrower.Aay nottoE�ptuvidod for in tlils
<br /> `� Securlty?�n*+++�t shall be decmcd to havc been given to Boirowa or Leader when gtven as provided in tblf�puragraph. �,:
<br /> j:;>� 15.Govrrning Lstw; ,SeverBbility. This Sea�rIty Insaumeat shaU be govemed by federal law•tmd the Iaw of thc���
<br />-�u-'� jurisdicaon!n which the Prdperty is locatcd. In the event that any p�+ovision or clause of this Sec�ttity tnsaument or the Note:'�
<br /> ��� conflias with applicable law.sucL oontlict shall aoi affect other provisians of this Secudty Insuumsat arthe Nou which c�an be�'+
<br />,-=—���o..-. givea effect without the watlicting pmvision.To this end the provisions of this Se�uriry Insttuat�nt and tho Note are declared��
<br /> :;.� to be sevetable. . �
<br />- -__ — 16.Boreower's Copy.Bormwer shalt be given one conforraed oopy of tire Nate and of tbis Sew�nty Insmunent.
<br /> --�''�E.-- • Fum SOYS 8190
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