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<br />;;��?=�,_._ PaymeRta may nn longer bo rEq�ire�9, et t�e optiar_of Lender.!f sstortg�gC fnStiidi�C2 COV6r�C(i�a ihe am�unt and for tke pPriod -
<br /> �`�"�+� that L.ender requires)provided by nn insurer upproved by Lender again tsecomes available and f s obtalaed.Barrower shal!pay -
<br /> � tde premtucns require�to melntain atottg�qe inaurance in e�fect,or to provIde e loss reserve. until th�requirement for aeortgage =
<br /> ..._t�� ' insuaauce endA in accordenco with any written eBreement betwcen Bomnwer und Lender or upplica6k law. r
<br /> � ��, . 9. In9pectlon.Lender or its agent may make reasonable eatrtes upon end laspe�tiona ot tl�e Property. Ixnder shall give -
<br /> Bonower notice at tha ti�ne of or pdor to an inspection specif�ring reasonnble cavae for the inspxibn. =
<br /> "��"? 10. Condemn�tion.Tha pmceeda ot any awaM or claim for damuges, dircet or conseqiseatiai,In oonuection wlth eny
<br /> _ ��� wndemnation nr other takinB of any part of the Pmperty,or for conveyonce in 1(eu of condemraa�ors,�cc hcreby asaigacd aud �
<br />, ;���� ehall be paid to Lender.
<br />__��� In the event of a total talclag of the Pmpeny. the procecsls shall be app2led to the sums securtd by this Security Instcument. �
<br /> _3��� wheiher or aot then due. wlth any excess paid to Bomnwer. Ia ttte event of a partial tekiag of the Property in which the fair
<br /> market value of the Propetty imraediately b�fore the taking is equal to or gceaeer than the amounc of the sums secu►+ed by this =-
<br /> ��'�� Securlty Instrument immediately befon the taking.unless Borrower ead Lender otherwlse agree ia wridng,the sums secured by -
<br /> ' "".��'� this Security Inatzument shaU be reduc�by the amount of the proceeds mWtipHed by the fmllowsing fraction: (a) the total �-
<br /> ''` amouat of the swns secured imnnediately before the talcing,divided by(b)thc idr merket value of the Propecty immediately
<br />:��`"� � before the takIng. Any balaaca ahail be paid w Borrower. In the event of a part[�l taking of the pmperty in which the fair
<br /> .::�.t
<br /> market value of the Property Immediately befon the taldng ia less than the amount of the sums secur�ed immediately before the
<br /> ;i;'r;���,, taking,unless Borrower aad Lender othenvtse agr�e in wrltiag or unless appllcable law othe�vvi�e provldes,the proceeds s4a11
<br /> � be applied to the sums secured by this Secudty Insuuntent whethes or not the suims are then due.
<br /> �s� If the Property is abandoned by Borrower,os If,after nolice by I.ender to Borrotiver that th�condemnor affers to matce an -
<br /> .;.��,;� award or setQe a claim for damagcs, Dorrower fsils ta respond to Leader w[thia 30 days after the date the notice is given,
<br /> =_-- Lender.is autharized to colle�t aad upply the pmoeeds,at hs option,eitAer to rescoration or rcpair af t�e�ropercy ar eo t�e sucas
<br /> --r�� sccured by this Security Insqument�whether or not then due.
<br />,=,t;E;�� Unless Lendsr And Borrower othenvlse agree in wrldng, any application of proceeds to prlmcipai shaU not extend or -
<br />— postpone the due date of the montLly payments nferrod w in pazagraphs 1 and 2 ar chauge the e�onnt of 3uch paymenta.
<br />'-�S` 11.Borrower Not Released;Forbearance B Le�nder Not a Watver.Exteasion of the timetor
<br />,,;�.�!t� Y pay�aeat or modificadon
<br />_,�I=� of amortizatIon of the sums sxund by this Security Insuument graated by Laider to aay succeaseria lnterest of Bornower ahell
<br /> __ not operate w release the llability of the origiaal Borrower or Borrower's successors in iaterest.L�ader shall aot be required to
<br /> rt_ commeace proceedings against any successor in Iaterest or refuse W extend time for payment or ahea�wiEe modify amottization
<br /> - of the sums secured by tLis Secudty Insmuuent by reason of any demead a�ade by the odglml Borrower or Borrower's
<br /> — suocessors in inurest. Any forbearance by Leader in exerctsing any right or reme�y shall aot�e a waiver of or precl�cde the
<br /> , exerciae nf any.right er remHl�y,
<br /> 12. 3ucceasore aad Assfgns Hound;Jotat and SeverW LiabiUty; Cu�sigae�a.The covcants end agramcnta of this
<br />__.. __�- Sxudty Instcumeat ehall biad and bene�it tite sitccessors aztd aosigas of Len�er end Bamnwer.nibja:t ro the provlalona of
<br /> - pu�gt�ph 17. Borrower's covenants and agraments shall bo Joint aad severat. Aay Borrower who co-slgas thts 5ecudry
<br /> Insavment but das not execuu the Nou:(a)ia co-aigniag thie Security Inatrumeat only to a�nga$e,grant aad wavey t6at
<br /> Borrower's intea+est in the Property under the temss of this Secudty Instniment; (b)is noi pet�sota.aUy o6ligated to pay the sums
<br /> — securod by this Securlty Iasuumcnr.and(c)agas that L,ender and any other 8orrower may agre�to extaad,modify.forbear or
<br /> malce aay accommodations with ngard to the terms of this SxurIry Insaumant or�►e Nota witho�at that Borrower's conseat.
<br /> 13.LoAn Chnrges. If the loan sxurod by this SecurIry Instrument is�ubjea to a law whtem aess m�cimum loan chargcs.
<br /> and that law is flnally interpreted so Wa2 the interest or other loan charges colleaod or to be collected iia oonnection with the
<br /> loaa exceed the permittcd 1Laits.then:(a)any suah loan charge sha11 be reduced by the amount�aessary to seduce the c�arge
<br /> w the permitud Jimit;and(b)any sumg already collxted from Borrower wh[ch excxoded permitotd limits will be refvaded to
<br /> Borrower. Lender may choosa to make this ndumd by reducing the pri�cIpal owed under the Nou or by making a direct
<br /> payment to Borrowes: t!' a refuad reduas pila�ipal, the roductioa will 6s aeated as a pardal Prt,�.ay�neat without anY ' _ -
<br /> __ _ . .. prepaymem charge uuder the l�iote. . ,�_
<br /> :;;�� . lA.NoNces.Aay aotice to Bornower provided for la this Secudty Iasnument ahaU be givea by deflverlag it or by mailing '
<br /> ' '�it by fis�st class mait uniess applicable lavv roquires use of another method. Th�aadCe sba11�b+e diieoted to ihe Property Addmss '
<br /> _ .". or an3r othet addresa Borrower designates by no;ice to Leader. Any aotice�to Lender shatl be givea toy Rrst class mail to
<br /> . L�eader's address alate4 herein or aay other address Lender designates by aaiics to Borrower.l,ny aotice'provIded for in thia �
<br /> _�_ Secudty Inauument sbiaU be deemed w have beep given to Borrower or I.eader when given as provlded in tiils paragraph. _
<br /> , 1�..�overn[ng I.aw; Severability. Thts Secnu�ty tasmuaent shall be governed by federel law and the laa of the
<br /> jurisdlctton in which the Ptoperty is located. In the event th:tt aay provision or clause of this S�arity Insnumeat or the Note
<br /> - oonflicta Wlth applicable law,such canfUct shall not affect other pruvIslons of this Security Insm�nt ot the Nou whicL can be
<br /> given ef[ect without tha conflic�ing provision. To tbis ead the pmvisions of this Securtry Insuumeet and the Note are declarod _
<br /> to be sa'vrrable.
<br /> �--- I6.Barrow�r's Copy.Borrower sha11 be given oae oonformed copy of the Note aud of this SauiIry Iastrument.
<br /> Form 30Y8 8l80 _
<br />�_—.._ ��R(NEJ 18Y147.04 Pap�4of 8 INNab:
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