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<br /> �; 9 � -�o��sy� _
<br /> payments may no longcr bc required,at the opdon of Lcnder,i�mongegc insurencc coveragc(in thc amount and for the period
<br /> that Lender requiros)provided by an i�surer approved by LenQer again bccxome.9 availal�le and�S obtained.Borrower shall pay the
<br /> � premiums rcquircd to maintein mortgage i��surenco in effect, or to providc a loss rescrve, undl the requircment for mortgagc
<br /> insuranca ends in eccordance with any wrltten egreement beeween Borrower and Lender or applicable law.
<br /> � 9.InspecNon. Lendu or tts agent may makc reasonable cntrics upon and inspxdons of thc Property.I.endcr shall givc
<br /> .,4,.�,:�«w: Bo�rower nodce ac the time of or prior to an �nspecuon specifying rcasonable cause for the inspection
<br /> • 10.CondemnAtion. The procoeds of eny award or claim for damages,dirext or consequendal, in connocdon with any
<br /> ;�,�,,,;- condemnation or other taking of any part of the Property,or for c:onveyance in laeu of c�ndemnadon,aze hereby asslgned and
<br /> • shall be paid w I.ender.
<br /> ` In the event of a wtal takir►8 of the Property,the proceeds sha11 be applied W the sums secured by this Security Insaument,
<br /> 3;. whether or not then duc,with any ea�cess paid to Borrower.In the evcnt of a par�al taking of thc Property in which the fair merket
<br /> valu�:of the Property immediately befon the taking is equal tn ar 8reatc.r than the amount of the sums securcd by this Security :�
<br />' Insmur.ent 'srt►mediatelY before the talang. unless Borcower and I.endet otherwise agrce in wriw►8.the sums secured by this _`,,
<br /> tal
<br /> � gecurity Inst�ument shall be reduced by the amount of the proceed.c m�ltiplied by the following fracdon:(a)the total amount of k,.
<br /> ��. �, the sums s�cured immediately before the talcing,divided by (D) ¢fie fair market value of the Pr�aperty imme�iately before the R},�_
<br />`.'• . �c`.;':`:�`� �g,pny balance shaU be paid a Barrower,In tha event of a p�tial takit►g of the Yroperry in which the fair market value of thu �:;
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<br />;..•r,,�;.::;;.�•,i. Property immediauly before the takir►g is kss than tha amount of the sums sec�red immediately before tho taking, unless �
<br />±�•S.l�:`:�::�;':� Bormwu and Lender otherwlse ag�in wriung or unless applicable law mherwise provides.the procoeds shall be applled to the
<br /> - ' sums secured by this Security Inswment whelher or not the sums are then due. —
<br /> : + ,""-;.K��� If thc PropectY is abandoned by Borrowu, or if,afu�s nodcc by Lender w Borrowu that the condemnor offcrs to make an _
<br />" '. �� award or senla a ctaim for damages.Bocruwrr faila to respond to I.cnder wtthin 30 days eRer tha dau the nodce is given,Lender �,
<br />`°�,:�,� is authoriud to calloct and apply the proceeds� st ita opdon�either to restocntion ar apair of the Property or to the eums sxured —
<br /> '� by this Sccurity Inatrument,whcthu or not then due. _.
<br /> ':�-. �, `� Unkss Lendu and Bocrower othuwise�groa in wridng�anY aPpAcadon af procads to principal shap not oxtend or poatpona -
<br /> .;ry', , ' the duo d�te of tha monthlY paYma►ts nfured w in Par�Brapha 1 u�d 2 or changa tho�nount af auch paymcnt�. �'
<br />, w ' 11.Borrowcr Not Itekuedi Forbearaaoe By Lender Not�W�iver. Bxlcnsion ot tho dma for pryme�t or �nodifiratien _
<br /> • of�noniz�tlon of the eums secured by this SccudtY Inawmci►t�rantod by Lcndcr w any succe:sor in interest of Scxrowa afull
<br />- �,:�,t.',. �o�to a celcaga�he 1W�illry of the orlginal Borrowu or Borcowu'e auccessors in Interes�I.endet sh�ll not be requlrod b
<br /> J� ' ' '=t'�•' comme�ce procoedinBa agalnst any successor in interest or nfwe tn eatend lime fo�payment or othawise modify�noeth�tion of
<br /> .�'�'.��=`;°,�:.s the auma secuced by this Secudty Instiwnent by reason oi my dcriwid m�da by ii�o oc.ginis Sa;u�c�ar Easrar.�ss':��x!
<br /> � in Interes�My fabearenca by I.endu in eaacising any dght a remedy ahal�not be a waiva of or proclude tho exerci�e of�ny
<br />.ry:,;°+�'�'�,',. � r�ghtarernedy.
<br />_,;:ry.�y_,:.�� 12.Sucteswre and Assigns Boundi Jolat and Several Llabilttyi Casiguers.'Ifie covensnts tu►d agra,ments of this
<br /> .�;: �,.. Seciulry Instrument shall bind and benofit U►e successors and assigns oi Lendu ond Borrowu.subjoct to tha provLgions of
<br /> :._�. �.:,.
<br /> "_:.-�:�°� par�raph 17. Bormwa's covena�►ts and �greem�nts she11 be 3oint and several. My Borrowu who co-sjgns this Sccurlry
<br /> -----__— Instcument but does not executa the Note:(a) is co-signiug this Sx�ulty Insm�ment only w mortgage. 6rnnt end convey that
<br /> --_--�� Barowa's inta�es[in the Propr�ty uuder s1M,t�ms of t2il.:Sxurisy Instn�r!enr, (�'1 ic ncx personally obligated to DaY tho sums
<br /> ::��:�,<�-��.
<br /> :—���a` secured by this Sec�u3ty Instrument;a�d(c)eBras that L.encler and any other Bonower may egree to extend,modify,fcxbessr or
<br /> °"X"'~^"•� make any accommodaations with ngazd w the terms of this Securlry Instrumant or tha Note withoot that Borrowu's conset►�
<br /> ��.4 13.Lo�n Ch�ur`ea. If the loan secured by this Security Instrum�nt is subject to a law which sus maximum loen char8es.
<br /> ---': and tlut Iaw is fu�ally interpcet�ed so that the intaest or othu loan charges collected or w 6e collected in connxdon with the loan
<br /> � excad the permitted limits,then:(a)any such la�n chazge sball bo reducad by the amount nocessary W reduce the charge w the
<br /> -- � pamiued Iimit;and(b)any sums elready calkcted from Bamwer which oxcoeded Peimined Iimits will be refundcd to Borrowa.
<br /> �-��A�� . Lendu may choose w make d►is refond by reducing tho principal owed under the Note or by makjng a direct payment to
<br /> _- Borrowu. If a nfund reduces principel, the reduction wIll bo treated ac a partial prepayment without anY Prepayme:►t charge
<br />—=��� under the Note.
<br /> -���-y�:3.� 14.Mottcea. Any nodrs to Borrower provided for in this Secnrity Insnvment shall be given by dellvcring it or by ma�ling it
<br /> _�-�.�„� :
<br /> by first clags mall unless appHcabk law nequims use of anothu method.'Ihe nodce shall be directod to the Property A or
<br /> -=-�::-j• any othes�cWress Bonowa designates by noace to Lender. Any notice W Lender shaU be given by fust class mail to Len�ler's
<br /> =''--:"°'-Fl-� address stated herein or any other addmss Lender designates by nodce to Borrower. My no6ce provtded for in this Secutlty
<br /> o ` '�r Instrument shall be doemcd to have been givcn to Borrower or Lender when given as provided in ihis parsgraph.
<br /> �,�.�`�'`� is.Governing Lxw;Sevenbil[ty. 'I1iis Securlty Instrument shaU be govemed by federal law and the law of the
<br /> ` . ., jurlsdicdon in which the Property is lacxted. In the event that any provlslon or clause of this Security Insuument or the Note
<br /> contlicls with applicable Iaw,such confllct shall not affcct other provisions of this Seciuity Instrument or the Note which can be
<br /> . . �� . � glven effect without the wnflledng pmvlsion.To this end the proviaions of'this Socnrity Instcument and the Note are declared to
<br /> : be severable.
<br /> � Form 3028 IpQ,
<br /> : �•6R(NE)(oz�2l.a� P�p.4 ae imu�u:�l/J'� _,
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