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<br /> payments may no longer bc requirod,ut the option of l.ender,if rrnxsgagc insuiY►nce coverngc(In the umount and for thc pedod ,
<br /> that I.e.nder requires)provided by cui insurer ppprovod by Lender egain bccomes available und is obtained. Borrower shull pay ,
<br /> the premiums raquired to mainte3n n�artguge insur�.aue fn effest,or to provide n loss reservc,until thc reyuirement for mnrtgage
<br /> ansurance ends in acc.ordance wlth any written agreement between Bonower and Lender or upplicable law. '
<br /> 9.IaupcMion.Lender or its agent may mnke reasnnnhle emries upon and inspections of the Property. Lender shall give
<br /> Bonower notice at the time of or prior to an Inspection specifying reasonuble causc far the inspection.
<br /> 10. Condemnation. The procceds of uiiy awtud or clalm for damuges, direct or consequential, in connection wIth any ;
<br /> condemnation or odier taking of any part of tho Property,or for conveyance in lieu of condenmution, tue hereby assigned and �
<br /> shall bc paid to Lcndcr.
<br /> In the avent of a total takin�af the Property,the proceeds shaU be uppliad to the sums secured by this Securiry Instrument,
<br /> whether or not then due. with nny excess paid to Borrawer. In the event of a partial tal:ing of the Property in which the fuir
<br /> market vctlue of the Aroperty immedistely beforc the tsking is equal to or greater ttian thc amount of the sums secured by this
<br /> Securiry Instrument imnudiately before the taking,unlcss Bonower and Lender otherwise agree in writing,the sums secural by
<br /> this Security Instcument sliall be reduced by the umaunt of the proccods multipliexl by t1�e follawing fraction: (a) tht total
<br /> amount of Ihc sums secured immediatcly bcfare thc taking. divided by(b)the fAir market v�lue of the Property immediniely
<br /> before the taking. Any balance�hall be paid to Barrawer. In the event of s partial taking of the Property in whtch the fair
<br /> market vuluc of the Propeny immodisteAy hefort the tsking js less thun the amount af the sums secured Irnmcdiately bcfarc the
<br /> takln�,unlesy Bormwer and I.ender othernir,e sgrce in wdting ar unic�ra� applivable taw otherwir,x pravidcs,th�procecds shall
<br /> he�ppllal ta the sum.r escurcd by this Socurity Inwtru�nent wlxther or nat tt�e sums are then due.
<br /> IP thc Praperty Ix�bandonod by Barrower,ar if,uRcr noticc by Lender to Borrower that the condemnor offers to m.ake an
<br /> uwwnl ar Mltle a clAlm far da�iwges, Borrower fally to respond to Lender wiYhln 30 day�s ufter the date Yhe notice !s given,
<br /> l,endor Ix authorittd to callect and apply the proceeds.at Its aptton,either t�restoration�r repalr of the Property or ta the sunu
<br /> c;ccured by thix Security Instntmcnt.whethcr ar not then duc.
<br /> 'Unicss l.endcr and Borcower othcrwisc ugree in wdting, any application of proceods to pdnclpal shull not extend or
<br /> postpone the due dste of the monthly payments referred to in paragrnphs 1 and 2 or change/he amaunt of such puymeats.
<br /> 11. 8orrower Not Rdeaaed;Forbeannce By Lender Not A Watver.Extension of thc time for payment or m�diftcation
<br /> of amortization of tl�e sums socured by this Security Instrument granted by L.ender to any successor In Interest of Bonower shall
<br /> not operate to relensc the lia6iliry of thc origin:tl Bonower or Borrowcr's successors in interest. I.ender shall not be required to
<br /> comnxnre praceadings aguin�i w�y nu�x:cssnr i�i iiiicic5i vi icfase iu c�ter.�iillii:£�r�a3-mcnt ar oiher.J3�m�lif;SSllOTt�ZQS�Ll2
<br /> of the sums sccured by this Sec:urity Instrument by reason of any dcmund madc by the originul Bonower or Borrower's
<br /> successors in interest. Any forbearance by L.ender in exercisiog any right or remedy shall not be a walver of or preclude the
<br /> exercise of any right or remedy.
<br /> 12. Successore And Assigns Bonnd; Joint and Several Ltabtltty; Co-signers. The covenants and agroements of thiy
<br /> Securiry Instrumuit shall bind and benefit the succes�rs and assigns of Lender and Bonowcr, subject to the provis[ons of
<br /> peragreph l7. Porrower's covenants and ag�eements shal� be joint and severel. Any Borrower who co-s3gns this Security
<br /> Instnu�xnt but dces not execute the Note: (a) ls co-signing this Secudty Inst�vment only to mortgage, grant and convey that
<br /> Borrower's intcrest in the Property under the tcrms of this Sauriry Ynctrument;(b)is not personally obligated to pay the sums
<br /> secured by this Security Instrument;and(c)agra.g that Lender and any other Borrower may agree to extend,modify,forbear or
<br /> make any accommcxlations with regnrd to the terms of this Security Instrument or the Note without that Bomower's consent.
<br /> 13. i.a�n Chargen.If the loan securai by this Security Instrument is aubject to u law whlch sots maximum Ioan chnrges,
<br /> �nd that law!s finally interpreted so that thc interest or other loan charges collected ar to be collected(n conr�ection with the
<br />- loan excced the permitted limits,then: (u)nny such loan churge shaU bc xeduced by the amount necessary to re�ua the charge
<br /> � to the permitted limit; and(b)ony sums elready collected from Borrower which exceedecl permitted limits will be refunded to
<br />- Bonower. Lender mny choose to make this rctund by reducing the prinstpal owod undcr the Note or by matcing a direct
<br /> payment m Borrawer. If a refund reduces principal, the reduction will be treated as u partial prepayment without any
<br /> ' prepayment charge undcr the Note.
<br /> ; 14. NoNces. Any notice to Borrower provlded for in thie Security Instrument shall be given by deltvering it or by mailing
<br /> � it by first cl:�ss matl unlcss uppltcublc law m,quires use of anothcr methoai.The notia shull bc directed to thc Propeety Addtesa
<br /> or any other address BarroHer designates by notice to Lender. Any noticc to L.ender shall be given by first class mail to
<br /> : I.cndcr's address statcd hcrein or any other address I.ender dcsignates by notice to Borrower. Any notice provided for in this
<br /> , Sccuriry Instrument shall be dccm�:d to huvc becn give;n to Borcower or Lender whcn givcn:is providod in this paragraph.
<br /> t 15. Governing Law; Severability. Thie Security Instrumeret ahall be governed by federal It►w und the Inw of the
<br /> _ jur[sdtction in which the Property Is located. ln the event that any provleion or cluuse of this Security Instru►n�nt or the Note
<br /> 1• conflists with applicable law.such conflict shall not uffect other provisions of this Security Instrument or the Note which can be
<br /> ; given effect wttisout the contlicting provision.To this end the provisions of this Security Instrument and the Note u��c declared
<br /> . to be severable.
<br /> � 16. 13orrower'x Copy.B�rrower shall be�iven one conforrned copy of the Note und of this Security Instrumenc. �
<br /> ' Form 3028 9190
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