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<br /> pay�eata may no tonger bo required. at the optlon ef Lender� if aiongage tnsurance cvverage(in dia niiiount and:or t�:e�r4a! -
<br /> that l�adcr rcquii+es)provided by en lcsurer approved by Lender agaln beromes ava[lable and is abtained. Borrower shall pay _
<br /> tlte pnm;ums required to maiutuin uYOrtgage inawance in effect,or to pmvide a loss reserve,unttl the requirement for rnortgage �_
<br /> insurance ertds in nciordaace with any written agceemeat 6etween Borrower and Lender or uppttcuble Inw. _
<br /> 9. Yps�ectlon.Lender or tts a�Qent may maice re�►sonable enMes upon aad inspectiona of tite Propeny. I.easler shall glve _
<br /> Botrower notla at the ti�e of or pdor to au inapectton specifyiag masonable cause for the inapectioa. -
<br /> 10. Condt�nnatten.Tha pmc�eda of eny nwatd or ciaim for dsmages,dicect or conaequentiul. in conne�tian with uny -
<br /> eoademuation or c�tker taking of aay part of tbie Fioperty.or for convcyance in 3ieu of condemaatlon, are hereby assi�nneA and `
<br /> shall be paid to I.endee. _
<br /> L►the event of a total tnking of the Pcoperty.the pmcceds shall be applied to the suma se�ured by thia Secudty instcusneat, -
<br /> wAstEcr or not deen due.wlth any exass paid to Aorrower. In the event of a partial talcing of che Property in wdkh chc fair _
<br /> taarlut valua of the Propetty imrmediately before the takiAg is equal to or greater than the amouAt of the awns secured by this
<br /> Secutity Iastrument ia�mediately befon the taking,uuless Bflrrower and l.ender othetwise agree in writing,che sums secured by
<br /> thls Soceuiry Inatrument shall be reduced by the amount of the proxeds mWtiplied by the foUowln� fraction: (a) tde wta!
<br /> amonat of�he su�s secured immediately befo�We taking, divided by(b)the fair market value of the Property GnmettiatelY
<br /> befon the taking. Any balance shall be paid to Borrower. In the eve�tt of a partial taking of the Pmperty in v�Mch the feir
<br /> market vaiue of the Properly immediately before the taking is less than the amouat of the sums secured immediately before the
<br /> taking,unles�Borrower aad I.eader otheruvIse agrce in wrlting or unless applIcable law otherwise pmvides. the proceeds sha11
<br /> be applied to the sums secu�by this Secudty In3tniment whether or not the surac are then due.
<br /> lf the Property is abandoned by Borrower.or if,after notice by Lrender w Borrower that the caademuos offers to make an
<br /> aa�ard or s�tie a claim for damages,Borrower fails to respoad co Lender withiu 30 days aitee tUe date We nati�oe ia given. -
<br /> Leader is autharl�ed w ooilect and apply the pmoeods.at its option.eIther to restoration or repair of the Property or w the sums
<br /> sscured by this Seairlty Iastrument, whether or rtot Wen due.
<br /> Udess Lender and�ormwer otherwLSC agree in writiug, any application of pmceeds to principat shatl not eatend or
<br />= postpoae the due date of tlte montWy payments nferred to ia partsgraphs 1 and 2 or change the amount of such payments.
<br />- Il.Burrower Not Releasedt Forbeae�nce By Leuder Not a Waiver.Extenaion of the dme for payment or modlftcadon
<br />= of amoa�lZation of the sums secured by this 5ecurity Insaument grantod by I.ender to any succe.ssor in interest of Bosrower shall
<br /> aot operate to release the 1����iy of the original Boirower or Bornower's sucassors in interest.Lender shaU not be req�rcd to
<br />' car�a pmc�dings t►�aipst�ny suaxs.sor in interess or refuse co extend ttme for payment or otherwise modifjr ea�orti�atton
<br /> of tha sums sxuted by this Sscurtty Ins�ntmeat by reason of any demand made by the original Borcower ot Bairower's
<br /> _ suoassore ia i�erest. Any foibearance by�Ldader in esercising any dght or nmaly shali not be a waiver of or preclude the
<br />= exercise of az�yr cdg6t ar rcmaiY. .
<br /> 12.Snoc�ssoes itnd lAs��as Bouadi Jolnt aad Several LiabWtyi Co-stgne:s.'lbe covenants and agreemeats of tAis
<br /> 5aciuity Instrument sLa1t bind and beaefit che success.o,as aad assigns of Lender sud Borrower� subject to the pr�visiona of
<br /> �►-agraph 17.,B+oirower's oovenants and agram�nta,ehui3 be joint and several. Any Bonrower who co-si,gns�.'� ���3+
<br /> Inst�t but daes not e�cecuu the Nou:(a)is c�si �thiis Security Inst�ument only to mortgage.8rant aad conveyr that
<br /> .. Borrower's interest in We Pmperty uadet the tetms of�Security 1ns�u�tent:N)is aot peisonally obligated to pay the surm�s
<br /> �by tbis Securlty Insanuaeent;and(c}'a�tees that�t.ender and aay other Borrower may agree to eatend,modliy. fotbeat os
<br /> make any accoatmodations uait6 ngard to the terms of tflis Secudty Tnsuument or the Note wlthout that Bomower's consent.
<br /> 13.Loaa C6Arges.It the lo�aecnred by tbis Sei.va�ity Iastcument is subject to a law Which sets maxim�un loan charges.
<br />- and that taw is fwally inteip�ed so that the interest or oWer loan clwrges collec�or w be coi�axed in conaecdon with the
<br /> laan exead thd pem�iued limits.then:(a)�tay such loaa charge shaU be reduvcd by the amount necessary co redua the charge
<br /> W.the pe�mival lionit;an�d(b)anY sums atn�dy collect�d from Boaower which wuxeded permitted limits wili be refunded to
<br /> �.�or`rower. i.ender mai'choose to make this refbad by reducIng the princIpal owod under tho Nou or by�8 udlnci
<br /> hRS�t to Borrower. If a refl�d rbduces principal,"the nduaion will be treated as a partial PrepaYmc.'r� ffiY
<br /> - pjrs�aympu�sbar$e uuGu the Note.
<br /> .;�;�. �14.N�.Any noSce to Boaower pmv�ded for in this Securi'�y�nt sball be given by delivering it or by mailln�
<br /> it ay firsc clas"s�m�ii unless applicabie law requines use a4�another menP�oQ."The nodce shall bo�ed to the Propecty Address
<br /> or any other addreas Bor.rbiver designata+by aotice to L�nder. Auy noiia to Len��r shall be given by first class mail ta
<br /> Le�er's address au�hereia or any othar adMess Leader designates by not�oe to�orrower.Any notix pmvidcd for in Wis
<br /> � Sccycity Insn�me�aHaU be doemod to have bcen given w Bormwer or I�eader when given as pmvided in this paragra�ph.
<br /> 15.Govad� Iaw; Stvaa611[ty. This Securlty inctrument shaU be govemed by federal law and the law of the
<br /> f urlsdicdoa in wbicli the�+opecry ia lxatod.In the event that aay pro�isfon or clause oi tIIis Sa:urtty I�uumem or the Note
<br /> oonflicta wIffi eppllcable law.sucli conflicx shall not aff�ci nther pmvisions of tfils Secudty Iasuument or the Nou wbich can be
<br /> givm effxt whhont the wntllcdug Provtsion.To this knQ the provisions of this Sxudty iastn�ment and the I3�te'ar�e doclared
<br /> w be seve�able. ,
<br /> 16.BorroWa''s Copg�.Bosower shall be givar ona confozmed oopy of the Notc aad of this Securlty insuum�t-
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