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. :;r <br /> ,.. _ _ __...._ --,._.�:_:..tt:_.,._.._...,..._- -�� <br /> d,:....._�� -_1_.._._Y.,_A...-=___-- " -_ ----=-_ --__ _— <br /> --- _ _ _ __ <br /> piytnenu may no lanQer be tequired,at the option of l.ender, if martq�ge insurance coverage(in the`I�6unt 3QfJTor t e 6al <br /> that Lender requires)providcd by �n insurer approvod by l.ertder�gain txcnmes availablc and is obtained, Borrower shall pay <br /> the premiums required to maintain mortgage insurancc ln effect,ur to provide a loss reserve,until the requiremenc for mongage <br /> in:ur�nce ends in accordance with any writtan�groement betwan Borrower and I.ender or applicable I�w. <br /> 9. Iropection. t,ender ar its a�e�t may make reuonAble entriea upon and inspections of thc Propeny. Lender sh1U give <br /> Borrower notice�t the time df or prlor to an inapsclion spccifying reasonable cause for the in�pection, <br /> 10. Coadannwtion. The procad�of any awud or claim for damages, direct or consequentlal, in cannection with any <br /> condemnatiun or other taking of any put of the Propeny,ar for conveyance in Ifeu of condemnation, ace hereby a�aigned and <br /> sh�ll be paid to Lender. ° <br /> In the event of a total t�lcing of the Property,the proceeda shall be applied to the suma secured by thi�5ecurity Instrument, <br /> whelher or not then due. with any eaceu p�ld to Borrower. In the event of a partial taking of the Prop�rty in which the fair <br /> muket v�lue of the Propeny immedi�tely before the taking is equal to or greater than the amount of the sums secured by this <br /> Sxudty instrumrnt immodiucly betore the taking,unless Bonower and Lender otherwise agree in writing,the sums secured by <br /> thit Socutity Instrumrnt shdl be raluced by tho amount of the prceeeds multiplicd by the following (raction: (a) tlu total <br /> amount of the sums sccured im�ncdiuely before tha taking, div[dcd by (b) the fair market value of thc P��operty immediately <br /> bcfore che taking. My bal�nce ihall bc paid to Horrower. In the event of a partial taking of the Property in which the fair <br /> mark�t v�lue of the Property imrr�ediuely beforc the taking is les�than the amount of the sums secural immediately before the <br /> t�lcing, ualqs 8orrower and Lender otherwise agree in writing or unless applicable law otherwise provida, the proceeds shall <br /> be applfed ta the sums secured by this Security instrument whether or irot the sums arc tlien due. <br /> IF the Property is abandone�by Botrnwer. or if, after notice by I.ender to Barrawer that the condelMOr offers to malce an <br /> award or settle a cl�im for dsimage�, Borrower falls to respond to I..ender within 30 days aftcr the date the notice is given, <br /> Lender ia auWorizal�o c •Ilect anc apply th�•prnceeds,�t its op[ion,either to restoration or repair of the Pro�xny or tu tl►e swiu <br /> ucured by this Securiry In�trument.whether or uo[then�uc. <br /> Unless Lender and Borrower othenr+ise agra ln writing, any application af procads to princip�l shall not extend or <br /> postpone the due dato of the monthly payments referred to in pu�graphs 1 and 2 or change th�amQUnt of wch payments. <br /> 11.8orrorrer Not Rdeaaed; Forbearnnce By La�der Not a W�iver.Extension of the tlmc.for payment or mudification <br /> of urarti�tion of the sums secural by this Sccuriry Instrument granted by Lender to any succrssor in intercst of Borrower shall <br /> not openUG to release the llability of the original Horrower or Borrower's successors in interest.i.ender slull not be requirod to <br /> commence pruceedings agdnat any tuccessor in intecest or refiue to extend time for payment or othenviae madify unortizuion <br /> of the sums :ecured by tbi� Secudry Insuument by reason of any demand mxle by the original Borrower or Borrower's <br /> sucasao� in interest. My forbear�nce by Lendor in exereiaing any right or nmedy shall not be a walver of or preclude We <br /> exerciee of any right or remdy. <br /> n""_'� s�_�.�e. i... ,.t.___ A <br /> 1L� $Y00ly0[7 iOO.Ift/iitl! Douata; ��iui.�iuu �eraau a.uw�uaj�; �.v�a��uwe. �iu �.G�Cii:Tio :o. :.&tCS�.'SSG:II lt21S <br /> Sewrity Inatnrmrnt ehdl bind u�d brnefit the succeason �u►d usigns of Lender and Borrower, subject to the provisions of <br /> pva�nph 17. Borrower's covenanu and �grameata sh�ll be Joint and aeverxl. My Barmwer who co-signs this Savriry <br /> G�trument but does not ezxute the Nae: (e) is co-aigning this Security Instrument only to mortgage.grant and convey thu <br /> Borrower's intereat ir_the Fropecty under the terms of this Security instrument;(b)ie not personally oblisatod ta p�y the sums <br /> secured by this Securiry Inununent;u�d(c)�groa thu l�snder ud my aher Borrower rtwy agree to extend. modify, forbeu or <br /> make any acccommod�tiona with re�ud to the tarnu of thi�Security Instrument or the Note without thu Borrower's conernt. <br /> 13.Lo�n ChsRes. If the loaa secure�i by this Security Instrumrnt is�subject to a l�w which aets muimum loan chuga, <br /> �od thu law is fwally inte�pretod so thu tbe interest or other low chuges collected or to be collated in connoction with the <br /> lan exceed the permitted Ilmita,thrn: (�) �ny �tuch lom charge shall be reduced by the�nwunt necessary to rodua tbe c]iac�e <br /> to the permitted lieait; and @)u�y suma alrexly collxtod from Borrower which excadod permitted limib wiU be refundod to <br /> Horrower. L,ender m�y'chooae to m�lce Wii refw�d by reducing the princip�l owcd unda the Note a by roaking a diroct <br /> pryment to Bomower. If a nfund reduces principal, the reduction will be treated ac a putial preD�yment without �ay <br /> P�WY�t charge w�der the Nota. : <br /> 14.Notica. Any nocict to Bottower provida!for in this Secudry Instrument shall be given by delivering it or by mailing <br /> it by fint olw�mail unleaa�pplicable l�w requira use of u�other cnethod.The notice shall be directed to ihe Pc+operty Addrai <br /> or �ny aher �ddreaa Borrower daignattcs by nalca�to Lender. My catice to Lender sh�ll be givea by.{int cluu znail to <br /> L.ender'a addreu statod•htrein or any other xidress Lender designates by notia to Borrower. My notia ptovidal for in thi� <br /> Socuriry instnunent ahsll be damai to h�ve been given to Borrower or Lender when givrn u provided in�his pu�agraph. <br /> 1S.Go�eroln� I.aw; Se�a'wbl8ty. This Security Iuatcument sh�ll be governed by fedr,ral l�w and the law of the <br /> juriidiction�n which the Property is located, In the event tluu any provision or clause of this Securiry lrotrument or the Note <br /> conflicts with appliuble law, such conflict shall not affect other pmvisions of thia S�curity inst�ument or the Note which cao be � <br /> givea effect without the con�licting provision. To this end the proviaions of this Security Instniment and the Note ue doclared , , <br /> tn be severable. � <br /> 16.Barrower'e Copy.Borrower shall be given one conform�d copy of the Note and of this Security Instrument. <br /> F«�,�aozs sreo <br /> ��s111NE)teiii�.o7 Pp�4of 6 �����: . <br /> . 4 � ; : •T� <br />