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<br /> � �`' Qaysnents may no tongcr be required,u�the optian of Lcadcr.iF mortgage Insurunce wvemge�in or pertod �r
<br /> . � tluit Lender requires)providad by an iasurcr appmved by Lender oguin bcmmes avaita6te and 39 obmined.Bomawer shall pay ;
<br /> � 4 ,�`� . the pmmiums required to maintain muc�gnge iasa�raiwe in effect.ar to prav�de a loss n�ser�re,unti!the cequirement for mnrtgage
<br /> `'• ,�.',. insurance ends in acrordanse aith any written agreement between Bosrower and Le�er or applicable law. -
<br /> . ': � .�.,�� :� 9.I�itoa. Lettder or its agent may make reasanabte enuies upan and iaspections of the Property.Lender shail give �''
<br /> Borrower aorice at the tIme af or prior to an inapertion specifying reasonabte cause fer the inspection.
<br /> - �';�. I8.Cond�mnaEIoa. 7'he prooeeds of aax acvard or cfaim for da�ges.dire�t or onase��tential.iA oonnection witb ang --- --
<br /> : - oondemnadoa or otheer taEdng af any pas�of the Qroperty.or far oonveyance in lieu of condemnatiou,are hereby assigned anti
<br /> '�; = : _ shall be pnid to Lender.
<br /> �,• ' Ia thc event of a total taking of the Property.the pmceeds shall be applied to the sums secured by this Security Instn�mea� �
<br /> •. � ' , whether or aot then due. with any excess paid w Bormwer.Yn the event of a partial taking o f t h e P r operty ia w hi c b t h e fair Ft.
<br /> � ' . ��� .;; market vaiue of the Pmperty immediatety befoie the taking is equal to or gceater than the amount of tl�ee sutns secuied by tlus
<br /> . . . , iatel before the taldri ,unless Borrower and Leader othenvis�ag�ee in writing.the snms sec�red by �``':
<br /> Secartty Insavment Immed y �
<br /> , this Seauity Instrument shaU 6e reduced by the amount of the prnceeds raaltiplied by the foQowing fraction (a) the mtal ' .
<br /> amonnt of the sums secure�immediately 6efore the taking, divided by(b)the fais market valae of the Property immediately
<br /> • . ' � before the taking.Aay balance sha116e paid to Borrower. In the event of a partial taking of the Pc�nperty in wluch the fair �_
<br /> . -=:`'�`°0. m�rket vatue of the Pmperty immediately 6efare t4e taking is less thaa the amount of the surr�s secared immediately before the �'=
<br />:�::; :.� •.. •. .
<br /> •.."�:" :� : tafdqg,unless Borrower and Leader oti�erovise agme in aritiag or unless epplicable!sw otherwise pmvides.the p�s sball `�;
<br /> : •a ,: ;<<;F�,•:�� 6e applied w ths soms secured by this Security Instrament wh�her or not the sums ane then due. .�;�-,.
<br /> , ,:,S r3 f��`� If the Fa�perty is abandoned by Borrowet,or if,after notice by Lender to Borrower that the condemnor offeis w make aa g �
<br /> ,, " `�``}'x�� award or�aZ�a ciaim far damages.�oarawer fa�s to iespond w Le�tdec wfthin 30 days aRer the date the nntice js gi,�.
<br /> .._,.�-i,�,;, �`_ .�
<br /> ,; ����•;;+�� t Lender is��ezzed to oouect and appYy¢�e praceeds,at its opt�on,etther to restoration or repair of the Pt+operty or w the s:sis ¢-
<br /> t�'rt,,,f`����I �. �,::
<br /> . secorod by this Seauiry Instrument,whether or not then due. ���'
<br />���.�',. .;;rr�,'k.•: �.��. Unless Lender and Borrower otherarise ag[e� ea writing, an3+applic�ion of praceeds to principal s�a21 aot ext�d or �,;:
<br /> � !;;%,c `` � postpoae tt.�dne date of the montiily pagm�s eeferr�to in pa�agiapl�s 1 and 2 or change the amQUnt of such payments. � _
<br /> ' -�'r �` IL,Ii+�er Not Released;For�vance By I.eader Not a Wai�ec Exteasion of the tnne for paymau or modfication _
<br /> . ,,,.:,..r{i:�. �-
<br /> ;:;"r f<�"�`�t_%;,: af amar�of the swns secured Dy�Security Iosuument grar+t e d by L�e n der t o arry s u o c e s s o r i n i n t e r e s t o f B o r c o w e r s h a 1 1 _.._
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<br /> . �. 4-�e;r.:� i�t o�ta reteas�the liability of the original Borrcaawer ar Borrawer's suc�rs in inter�t.I.eader sha1E�e t�e reyaired w
<br /> �' �•,'��,f��:.. �.,�,��roceedings against any successas in lnterest or rcfuse La eatend ti��i paynaent or othera+is��y amorti�on ` _
<br /> .. :'�,'�r,;;���; � �d£die�s sec�ued by this Security II�strument�6y mason of�y demand made by the original $orr�� ar Bmm�ir's -
<br /> , ���x�'�,:�, �-
<br /> ;"��.� :• s�cce.ssois i�interest.Any fotbearance O�y Lender in exercising a�yr r�gist or�+emedy shaU�a he a waiver of or preclLrTz�the
<br /> , . exercise of any right or remedy. =;_
<br /> ,.. . 12.Snco�sois sad Asslgn.v Bonad,doint sud Severai LtabAity,Co�signeis. The coveasnts and agreeiuerrts of this °_`�,
<br /> � �_. _ `�: :� Security lnstnunent s6alf bind and bzn�t the sucoessots and agsigas of Lender and Borrower. subject to the pmvisions of � -
<br /> - '-.�; paiegray�h 1Y. Bor►t�w�r a uoveriants mid ag�eecnents shaii be j�int anii snvuraS. 1�uy Butrow�r wi�o co-sigt� tlils S�rity -
<br /> • �F i Insttwnent but does not execute the Note: (a)is co-signiag this Seauity Instrumeot only to mortgage.grant and oanvey that �
<br />' ` ` •• �, :. �.f Borrower's interest in the Prope�ty under the terms of this Securi'ty Insorument:(b)is noi persoaaUy obligated to pay the sums a 9
<br /> � secured by this Secarity Insuument;and(c)agrees that Lender and aay otDer Borrower may agree to extend.modify.forbear or �'-_
<br /> ' � `; make any accommodations with regard to the terms of this Security Instrument or the Note.wIthout that Borrower's consent. �. __
<br /> . . .`� �� ° , 13.Loan Charges.If the loan secured 6y this Security Inspument is sn6ject to a taw wiuch sets maximum laan charges. —
<br /> �� � � .� and thut!aw is finally interpreted so tha�the iaterest or other loan charges col(�ur to be collected in cotutection with the �' -
<br /> ��a, ' ' `
<br /> . ,sr i toan exoeed the permitted limits. then:(a);any sisch loan charge shail be reduced by the amount necessary ta reduce the c�arge �---__
<br /> . � .�'�°fi:`� , to the pennitted limi�aad(b)any surns already oollected from Borrower whicb exceeded permitted llmiis will be ref�Yd to �-;..
<br /> .. ,.. ,
<br /> '_ � .t,.., .'' : Borrower. Lender may chaose to make this refund by reducing the principal owed under the Note or 6y making a direct �.._
<br /> . ..� >._- • payment fo Borrower. If a refuad reduces princiQaC. the redacqion will be treatod as a partial Piegf�..t.wit.haui any s_ .
<br /> .....,z:.;•. �.� .
<br /> ;:. ,�j�3;r�x.. ... PrppaYment charge under the Note. . � �:;�.
<br /> ,��;� 14,l�a4ic�es.Arry natice to Borrov;er.ts-ovided for in this Sa�.ri.•ry Instrument shall be givw by de�iveaie„at oi b�g mm7ing = -
<br /> . . it by 8rst dass mail�wless applicable law re,guires use of anotber c�thod.The notice shall be ditec+ted to t5y�E�eoperty adkf:�ss �.:�=_
<br /> or any other address Borrower designates by notice to Lender. My noGce to I.ender ahall be given 9s-f C�st.class sail to
<br /> � , Lende�'s address stated herein or any other address Lendes desigaates by notice to Borrower. My notice pernided far�tfiis �.;=�
<br /> � Security bt�trument s�a116e deemed to�ave been given to Botraa�r nr Lender when given as�t�ided in this paragrapb. �;';
<br /> . .. �'':''` ' � 15.�C,�tvt�niag Law; Severa6iltts►. This Security insuum�s shall be �ovemad by fe�eral taw aad the Iacu n�the -.
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<br /> . :�:4���t, �urisdiction in which the PmpeAy is located.In the event that�z� grovlslon or clause of this Security Ins�ent or tDe Note
<br /> ' . •''�' � conflicts wiW applicabte law,sach oonfltct shall nat affiect other provisions of this Securiry Instcument or�.�l�ate which can be
<br /> " �.. '� � given effect without the conflicting provision.Tp t�end the provisions of Wis Security Instnunent and @'x Note ane deaciared
<br /> � � ' to be severable. .
<br /> . - 16.Bor�ower's Copy.Borrower shall be given one conformed wpy of the Note and of ihis Security Instmmertt.
<br /> . . � Form So29 D190
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