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. __. ..__.._.��...�a�st!_----- , ,y � " � _ . _�ut.u.._ ..._._.n__L•J_.:�.-:.--.csoenol�N.�..��...��.. -____- _ _ _ _ _— —Y n'w�ri�.�..��.��.�� �9$- 11U638 peyment�nuy no lon�er lx requirai,u tha option af i.ender,if mort�agc insurance coverage(ih the amount and for the period thu Lender requirc�)providcd by�n iniurer�pproved by I.ender agAin becomes�vailable and is obtaineci. Bonower shall pay the premiunu requlred�o�im�ln mortRt�e inmru�ce In effat,or to provide a lou rescrve,until the rcquircment for mongage in;ur�na end�in�ecordu�ce with any wrium a�rament between Bormwer uxl Lender or applicrble IAw. 9. Iwpeetbn. Lender ar it� �grnt tnay m�lce reiaonabie entria upon u�d inipectlons of thc Property. l.ender shall give Borrow�r notice u the tlmo af or prlor to�n iiupectlon ipocifyln�rc�son�bla cAUU f�r the in:pectian. 10. Cad�qatlon. 'fhe proceedi of eny �w�rd or eldm for damxga�, dircet or consequential, in connection wlth Any condemnation or other talcing af�ny part of the Propeny, or for ccnveyana In Ileu of condemnation, Aro hereby �.ssigned and thall be pad to I.rnder. In the event of�total taking of the Pro�xny,the proceed�xhell be appllal to the sums secured by this Security(nstrument, whetber or not then due, with eny exceu p�id to Borrower, In the event of� putial tplcing af che Property in whieh the f�ir muka value of the Property immodiuely before the t�klnE i�equal to or greater then the amount of tht su►n�secured by this Sxuriry Inatrument immedl�tely before the uJcing,unlas Bortower and Lender otherwl�agroe in writing,the suma secured by thi� Security Inatn►mrnt ah�ll be reduced by the �mount of the procseds multiplfed by the foElowing fr�ction: (a) the tot�l unount of tMe sums ucured 'smrnedluely before the taking,divided by(b)the fair market value of the Propeny immediately before the t�king. Any b�l�nce ah�ll be paid to Borrower. In the event of� panial taking of thc Property in which the fair mnket value of the Pcn��erty immedittely before the taking is less than the amount of the sums secured immediately befon the uking,unlea�Burrower and Lender otherwise agra in writing or unless applicable law otherwise provides, the proceeds shall be applied to tha sums secured by thi�3ocuriry Instcument whether or not the sums are then due. If the Praperty ie ebandoned by Borrowcr,or if, after notice by Lendet to Bonower that the condemnor offers ta make an awud or setde a clalm for dun�ges, Borrower f�ils to respond to Lendar within 30 days after the date the notice is given, Lender i�authorized to collxt and apply the pmcads,u its option, either to rcstoration or repair af the Propetty ar to the sums secured by this Security Iastnim��t,whether or not then dae. Unleas Lender u►d Borrower otdetwise a�ra in wrlting, any application of proceeds to princip:il shall not oxtend or �postpone the due dAte of the monthly pAyments nferred to in paragraphs 1 and 2 or change the amount of such payments. 11. Barower Not Rdea.xd; Forbc�rance By Leader Not a Weiver.Extension of the tlme for payment or modification . of amorti�tion�f.the aunu a�ocurod by this Saurity Instrumrnt granted by La►der to any successor in interest of Bonower shal! • nat•operue to re1wG the liabiliry of the original Borrower or�oaower's successc�m in interest. Lender shall not be requircd to � commenoe proceedinai agunat my saoceuor in inte�eat or nfuae to extmd time for payment or otherwlse modify amorcizuion of the aume wcurod by this Security Instrument by ruwn af any demand m�de by the original Horrowsr or $orrow�r'a iucceswcs in inte[est.My forbeuuue by I.ender In exerci�ing u�y right or remedy shall not be a w�iver of or prcclude the eaercise of any right or remedy. 12. Sux�ors�nd Aed�ns Bound; Jolnt u�d Sever�t Liabllky; Co-si�oay.The oovenuua u�d agreemaus ot thi� Securitv Inatmment ihdl biad �nd baiefit We auccesiors and auians of Lmder a�Borrower, subiect to the nrovidoos of Pusmph 17, Bocrower'� covrn�au uid +�roements �hdl be Joint uid uveral. Any Borrower who co•�isa�rhii Socuriry Inunu�t Mit doa tat euacute the Note: (�) ia co-si�nin��6is Securiry Iaurumene onty ca mon��e� ir�nt �nd oonvey that Barrower'�lote:+e�t ia ihe Pr�+erty�mckr!he te�a!of t�fs S�urity Instrumrnt: (b) i:not pasaanlly obli�ttcd to pay tEe�►tnt iaaued by thl�Security Inunimeat;�ad(c)y�ea tWat I.encier uid wy aher Borrowec cnay�roe w extend,modit�%,forbear or m�ke�ny a000mnad�tiom with re=ud to the terms of thh Seturiry In�trumeat or the Note withoat thu Bornower's conunt. 13. Lo� CW�. If the Iwn iecurod by thit Sa�udty Instrumeat i� wbJect to a Isw which�as maximum lo�n charla. aod th�t law I� ffrully inte:preted�o Wu the interat or ocba lan cbuges coUeaed or to be collected in connxtion �t6e lan exceed tbe permined fimiu,then: (a)u�y such lo�n char�e ahnll be roduoed by the amount neoaiuy to reduce the c�e to tbe permined licait u�d(b)�ny sums alrcady collected from Bormwer which ezceaded pemutued limits will be reflmded to Borrower. l,a�der mry choo�e to m�ke thi� refuad by rodueing the principal owed under the Note or by ro�icing a dirocc p�ymeat w Borrower, If � rcfund ralucxs principal, the rcduction wiU be trcated u a puti�l PnpaYment without �ny prep�yment chuae w�der the Note. U.Notices.Any notice to 8orrower provided far in thla Securiry InstNment sh�ll be given by deliverfng it or by mailing it by ficit cl�s m�il unleu applicable law reyuira uae of Aaother metLod. The notice ehall be dimted to the Property Addteso or any other ddrw Borrower dai6natea by naice to Lender. Any notice to Lerxkr shaU be given by fust claw mail (a. �.tnder's address atated herein or any other aldras I..eoder deaignatea by notic�e to Bocrower. My notic�provided fix ia ib1� . Socudty Inatrumeat�tull be damed to have ban given m Bo�rower or Lender wdrn given as provldod in thls par�r�. , . 1S.Gorernla� I.�w; S�verablUty. Thla Securiry Instrument sh�ll be govecncd by fcder�l law �nd the law o.f the j�uitdiction in which the Property ia locitM. [n the event thu any proviaion or clause of thi�5ccudty Inatnu�teat or the Note conflicb wit6 applicaNe law, such conflict��ll not affat other provisions ot this Security Instrument or the Alote which can be given effect without the conflicting provision. To this end the provisions of�his Securiry Instniment and the Note are declued to be aevenble. lf.Bamwa'e Copy�Borrower shall be given one confomxd copy of the Note and of this Sxurity Instrument. Fam 302t 91Y0 �-lRINE)ift�2�.os P,o.+a• ��iw: , • � � •�ti�.: