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<br /> �:rym�nta n�y no la�ger be s'�t}n(tc�.at the apslon nf I.ertder. if m�st�agc iasvsarscc coveruge iin the wt�ouitt uitJ fur d►r,�rIu�1
<br /> that Lc�uicr requiresl p�vidcal by an insurer approved by Lc�tder.�gain ba;omcs uvaUuble und is abtuinod. Barrower shall pay
<br /> tlte prcmit�m9 r�quired tq maintcdn mUrt�;cige insuranreln effcct,or to pruvide u loss reservc.until the�ecluirement formortgage
<br /> in.r•ornncc ends in ui�condt►n��c with anp w�iuen agreemcnt lk;tween Barrawcr und l.cnder or npplicnble law.
<br /> 9.Inspartlotl.LtNtder or itw ugent nuy make rcasonable entrles upon and inspzctians af the Property. [.cnd�r sl�ull give --
<br /> &�rrower noticc at the timts of or prior tu nn inspectlon specffying re�sonable cuuse Cor the insptxtion.
<br /> 10. Condemnntlon. Tite praceals uf any uwnrd ar clni�n for dan�ages. dfrect ar cunseyuential. in cunnectiun wiih uny
<br /> cottdemnation or other taking af any part of the Propeny.or far conveyunce in lieu af cond�mnution.ure hemby ussigneci and
<br /> shull be paid ta Lcndcr.
<br /> In the event uf a t��tul tuking of the Property.the praceed.c shall be upplicxi ta the sums secured by this Security Instrument.
<br /> whethcr or noi then due.wtth any exqess paid ta Botrower. i�the event of u partiul tnking of thc Property in�vhich the fa�r
<br /> market vnluc uf the Property immediutely before the �eking is equal to or greater than the sunount of the sums secured by this
<br /> Security Insttun�ent immediutely befare the Wlcing.unl�ss Borro�ver and I.ensier othetwise ugree in wrIting.the sums secuml by
<br /> tfiis Socuriry Yn�tnunent sh�fl be rednce� by ihe at�tWnt of tl►s pmceeds muttipfied by the foltowing fraction: (a)the rotal ,
<br /> umount of the sums s�cuned immediutely before the wking,divlded by (b)tha fAir market vulue of the Property imntediutely
<br /> before the tek€ng. /iny bqlas���e shall be paid to Borrower. In the event of u pwtiul talcin� of the Property in which the fair
<br /> nwrket vulue of th�Pra(zerty immvdintely before the taking is less thun the nmount of the sums secured immediuteiy before the
<br /> tuking,unluss Borrower and l.ender otherwise agree in writfng or unless uppliasble Inw athenvise provides,the pnoceeds shul!
<br /> be npplieci ro the sums secured by this Secur�ty Instnuntnt whether or not the sums are then due.
<br /> If the Prc�perty is ubandoned by Borro�ver,or i�;aRer notIce by Lender to Borrower thut the condemnor offers ro make an
<br /> award or settle a claim for damuges, Borrower falls to respond to Lender within 30 dnys sifter the date thc noticc is given,
<br /> Lender�S authu�to cullect and anpty the proceeds,at its option.either to restoration or repair of the Property or ro t�ee sums
<br /> secured by this Secudty Instrument.whether or not then due.
<br /> Unless I.ender and Borrower otherwise agrce in writing,nny application of proceeds to principal shull not extend or
<br /> postpone the due dsitu af the monthly payments refemod to in paragraphs 1 and Z or change the amount of such paytnent�.
<br /> 11.Bomower No�Released;Forbearance By Leader Not a Waiver.Factension of the tirae for paymenc ar modjfic�tior�•
<br /> of aruorazadon of the sums secured by this Security Inuru�nt granted by Lender to any saccessor in intenest of Borrotver shtil8
<br /> not operste to release the llability af We original Borrower or Borruwer's suocessors in interest. Lender shall not be reqqixed to
<br /> commenoe procee�ings s�gainst any sucoessor jn iaterest or refussES to eztend time for payment or atherwise madify amorRizadon
<br /> of tlie surns secured [ty this Securiry InstPUment by reason of any demand made by the original Borrower or Sorrower's
<br /> suocessars in interest. Any forbearance by L.ender in eaenising any right or reuzedy shall not be a wniver of or pn�ciude the
<br /> exemise�f any right or remedy.
<br /> iZ. �rs uad Assigos L4�uad; Joia4 end�eve�al Liability;Co-sig,�ers. Ttta rnvenants and agrr,�m�ntx of this
<br /> Security Snm�ment shall bind aad benefit the sucoessors and assigas of Lender and IDozsv:�ver, subject to�dta pmvisso�►s of
<br /> paragraph• 17. Borrower's caveaaz►ts and agreementsshal! be joint and several. My�Bornower whp ca�igas this Secudty
<br /> Insuument 6ut does cat execute the Note: (a)is co-signing this 5ecuritg Wstrum�sn4Q�ly to mortgage,giant aad convey that
<br /> Bomou�cr'$interest in tha Prnperty under thc terms of tliis Secu�ity Insttvmettt}(f�'�•i,s�r�Rt pe�sonally�.oblj�ate� to pay ths sums
<br /> secured b�tlus Secwity Instrumenr.��cl(c)agrees that LrEnder aiz,�,any other�ornbwer nn,���a,gtee to aatnnd,modify.faifaear or
<br /> mak�e any.�000mmodariong with regx;d to the terms of this Securiry�Instnunent or the Nat��nfira`wuG thpt��orrower's oon4ea�t.
<br /> 13.Lan Ch�rges.If the loan seaured by this Saurlty Instrunxnt is subject w a IaW.wt►tobi ssta:maaimum loan charges.
<br /> � aud that law is finally interpreted so that the interesi or other loan charges collecte�or to he eqUMct�d in connection with t0►e
<br /> loan exc�eed the psrmitted Gmits.then:(a)any such'loan char�e shall be reduced by th$amount�necesstuy to reduoe the charge
<br /> � w the perniltted liaait:and(b)aay sums aiready colledad from Borrower which eaceeded�p�Ormitted limits�ll be nfundal to
<br /> Boirower. Leuder may choose to make this re� by mduriug the princtpal uwed ua��r the Note or by making a direct
<br /> �3'�t :a F�ss+�w-.s. If= re�.u� recl+� pr.�i�(. s�: t�Js►esion wiN !+P arated ac a parcial prepayment withc.ut any
<br /> prepayment ctaar�e cctx9�the Note. � ��
<br /> 14.Notioes.Ary��z�otioe w Borrower pmvider3?mr is�thi�,�S.ecurity Insuument shall be given by delivering it or by mailing
<br /> it by fnt Sless mai}i�ies�applicable law requices t�,sQof anniher��nrthod.The notice shall be directed w the Propezty Address
<br /> or any aY�ici address Borrower designates by notice ro I.c�der. Ainy norice m Le�er shuflt be given by first ciass:;urail to
<br /> I.ender's add�ss stated herein or any oiher address I.ender desIgr�ates by notice to Bomower.Any nadce pmvided fox in this
<br /> Security Instriimen`t sl�all be deemed to have been given to Borrower or I.ender when given as provided in tl�is paragraph.
<br /> !�� � 15.Goveaoing Law; 3everabll[ty. This S#�.ariry Instn�ment shall be governed by federal ta�v.�rirtd thc law ofthe
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<br /> �.. .�jurisdict�on in which the P[operty is located.In the evait that any provision or clause of tt�is Security�Xnsuunteat or the Note
<br /> conflictS vsiith appl�cable Iaw.such conflict shall�tot affect other provisions of this Security Instn�ment or the Note whicl�pn be
<br /> given effetx withotxt the�rnnflictIng prov3sion.To this ead tlte pravistoc�s of thls Security lnstnunent and the Note ani c��clat�ed
<br /> � . to be severable. �
<br /> � 16.Bomower's�opy.Borrower shall he givxn one cor.formed copy of tPie Note and of thLs Sec+irity Instnuuent. .
<br /> Form 3628 9180
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