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<br /> ,2. •� ^,t°`' ts tn�y t�longst be required.at the optioa of l.ender.if mortgage insurana�e cove�age(in the sunount aad for the pertod .
<br /> . � . p� �
<br /> - ,� s. thst L�der requires)Pmvided 6y an insitm.a appmveA 6y i.�r agaia l�Omes availaete and is ob�.��wer sha11 pay ,,,
<br /> � �� : ` .. the pmmiums reqw�ed to maintain mortgage ins�aace in effed.or to provide a loss reserve.unal the requi�ement for mort�e `` ,:
<br /> .���,=.�, �. `� between Borrower aa�Iander or as►pli�aDle iaw.
<br /> � , insaiaace euds ia a000rdance with any wiitten agreement a►p
<br /> • 9.Ias�tectton.Lender or its agent amy makc�easonable enuies ugon and inspectlons of the PropertY. Lertder shall give ��� � _
<br /> _���� Borrower natice at the dme of or priar to an iaspec�on specifying reawnab�e cause for the inspoction. `
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<br /> 10.Cond�an.The proceeds of arsy awas�!ar d:um for damages. dimt or consequential. in oonneaion witb any �_'
<br /> ` ��"���� `�`�� " c o n d e m n a t ion os other takisi g of a n y pan of the P►vpercy.or for conveyance in lieu of condeamation. are hereby assigaed and ��•-
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<br />" ' .,�.�.=�:-:�' shali be paid w Leadec. ' ,':;
<br /> In the event of a total taldng of the PrapertY.the pmceeds shall 6e applied to the sums secvred by tHis Sewrity rn�,,,m�� ,
<br /> ._,� .��,,�,-,..' m which the fair �
<br /> • whether or aot then dne,aith any exc�s paid w Borrnwer. ln t6e eveat of a pa�a! taking of the Propecty+' � `-
<br /> , ` .° -' ` mark¢t vatue of the Pmperty ima�edianely before the tatong is equal to or greater than ti�e amount of the snms s�ured by tlus
<br /> � - x;.; g�urity Instrument inm�ediately before the taking,aniess Borrawer and Lender otherwise ag�ee in writing,the s�ms secvred bY �p.:_---_
<br /> �� this Secarity instivment shall 6e redaoed 6y the aznonnt of thc pmceeds mulriplied by the following fcaction: (a)the Wtal � �
<br /> � .�L•..... amnmmt of the sums secured jmmediazeiy isefore the taking.divided by (b)the fair market vaive of thc PropertY immodiately Y..
<br /> . ��;��
<br /> ' •:>.;,.,��.�� 6efo:e the takiag. My balaaoe s6ail 6e paid to Borrower. In the eveat of a pa:aal takiag of the Property in which the fair ;£
<br /> . market vaIue of t6e Pruperty immediately befaie tfie taking is iess than the amouat of th�sums s�immediately before the �:_;r;;_
<br /> . �., .,,
<br /> ��'f ` . tal�r.,�unless HorKOwer and E�c otherwise agree in arc�g ar nntess appiirable law atherwise provides,the pmc�s ,_;
<br /> •+ f: 1.. �` �e�ed w tise s�as s��u t�...is Sec�ity�c��ter or as��ie sums�e t�due. � 5'.:
<br /> �f` : ,,'',t �€�e 1's�o�.�5�a.�"�s�ry Eom���.3�f,�er c�eo_bp L r�a:�s to Boaocrrr t'sat��sn�t:maor offers w mage aa ��,
<br /> u t�k`� ' ^�F�� - 8�:cir setde a:d:�'���.'s��a�tr�z.�tR r�'..��4�FJZa::����Q:3u.�aft�i�.€fi2fe the notise is�ve�, - r� -_.
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<br /> F�s is aatharized t�W:i�as�apP19�-l��- • '_ �,�,,.
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<br /> S9L�'l�YI I)j/�118 SEqlllty IB5�11II18IIt W$E�.T�!'.Oi ar2Lal�7 G�I:�
<br /> `,�' . �` Unless l.ender�d Borrower otherwisz agree in c r'�g, asy �F'.iration of proceeds to pitncigal s5�:��nd ar ,...'.
<br /> ' �f
<br /> :�:.,.,���. . postpone the Que date of ti�e monthly payments referred to in paragraphs 1 and 2 or chauge the amoum of sndt paym�ts. �,<.�.,
<br /> .. � :�<.;;�',:' 1�.Banm�+a Not Retease�,Forbearance B3'Leader Nat a W83ve�.Exteasion of the tnne for payment or.mndific�don �Y._
<br /> � � of amnrtizadion of thc sums seiuted 6y this Security Instrument granted by Lender to auy snccessor in interest of Bornuwer shall �°-y
<br /> �� � � nut aperate to tetease the lia6ility of the original Borrower ot Borrower's euccessors in interest. Lender shall not be tequired to —
<br /> . ' � ���prpc�dings against any suocessor ia Qnterest or refuse to extend time for paymem or otherwise modify amortization
<br /> uf the sutns secured by this Securiry.Insttument by reasoa of am+ demand made by the original Borrower or Bomnwer'a
<br /> � •. s�sors in interest. Any farbeurance by Lender in exercising any right ar Rm�dy shaU not be a waiver of or prect�e the
<br />-. � . ' exercise of aay right or remedy. '
<br /> ` �,.,'��, .:.�,,y . 12.Suco�sore and Asstgfl.v Bound.doint eud Several Uabfltty;Co�sl�eees. The ooveAaau and agreementa of thia —
<br /> Security Inst�umet►t shall bind and benefit the successors and essipis �f L.ender and Borrower.subjed to tha provision4 of
<br /> ";_=_:'—.-T� p� Z?. �er's c�t�ve�nt• 9�u! agreanentc shall be ,�alnt aad s�vetal. My $orrawer who co-signs this Security
<br />-- � � •= Iiutrument 6ut does not eaecute the Note: (a) is co-signing this Security Instrument anly to mortgage.grant and canvey that _
<br /> .�� r >. . .,_ ,• _.� Barrower's interest in the Pmperty under the tem�s of this Securiry Insinunem;(b)is not personally obligated W pay the sums __
<br /> � ..: ry secured by thIs Securiry Instrument;and(c)agrees that Lender and any other Horrower may agree to extend,modify,forbear os _
<br /> .. : ; ,.,'� make any acoommadat�ons wIth regard w the tenns of this Security Insnvment or the Note withovt thaat Bomower's consent. _.--
<br /> 13.Loan Cha�es.If tAe loan secured by this Security Instntment is subjed to a law which sets maximum loan char8es,
<br /> '.. .. �..'�Y.+� and that law is fiaally interyreced so that the interest or ather toan charges collected or W be collected in a��on with We .,
<br /> �„���� toan exceed the pemdtted limits.then:(a)any such loan charge shaU be reduced by the amount aeeessary to rod�ce the charge _
<br /> . , . .•`� to tbe pemuttod limit:and(b)snY aums already collecte�&om Botrower whicb exc�eeded permiued limits wil!be reftunded to �
<br /> � '{� Bo�rower. LenQer may chaose to make this refund by reduciag the pdncipal owed un der t he l�ote or by t n a l c i ng a d 3 r e c t __
<br /> . � '' ���; payment to Bomower. If a refnnd reduces principal. the reducaon will be treated as a partia! prepayment without aDy �__.-..
<br /> _ 'r '' preQaymem charge under the Note, -'
<br /> ,�4° �. '. .;��.` 14.Notices.Any notice to Eorrower provided for�tfus Security Instrument shall be given by delivering�ar by mailing . �.`,.-
<br />-- � • : ��; it by first clacs mail antess applicable law requires use o�aioiher metttad.The notice shall be directed to the��rty Address �__.•
<br /> . �E; or any oiher address Borrower designates by notice to Leader. My norice to Lender shall be given by fi�st class mail w �N;�
<br /> � ''� 1' :�f Lender's address stated herein or any other address Lender designates by notice to Borrower. A�+notice provided for In tUis _-�-
<br /> � -
<br /> ° � Security Inswment shall be deemed to Aave been given co Borrower ar I.ender when given as provIded in this pamgraph. ....:.
<br /> ` . � • 15.Governing Law; Severability. This 5ecurity lnstrument shall be governed 6y federal law a n d t he law o f t h e
<br /> �._..
<br /> jur�sdiction ln which the Property is tocated. In the event that any provlsion or clatue of this Security Insuument or the Note � �
<br /> � �'.'� � contlicts with applicable taw.sucb conflict shall not affect other provislons of this Secudty lastrument or the Note.which can be � =�°
<br /> �._
<br /> �� : i given effect wlthout the oonfliccing provision. To this end the provisions of this Securlty Insmunent and the Note are declured �=--;
<br /> � .,� � . to•be severable. �.;;
<br /> 16.8otro�ver's Copy.Borrower shall be given one conformed copy of the Note and of this Security Instn�ment.
<br /> ' � . ' form 3028 9190
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