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... .:......... . .. �. _�-.�. .. _„ _ -� — ��'.' -- ._._._�-,- st the o tlon of L.cnder, if mc►rtguge insuruncc cavcrugc(in�c ui�lAt��rt�F�cr�°d P�Yments muy rw lunger be requ�r�d. P that l.cnder requirc9)qrovidod by an insurer approved by l.cnder again bscorn�s availwbie Ancl iA abtained. &�rrnwer shwll p�y the pf�emiumx rcquirod to►rwint�in martgage insurance in effect,or to provide u loss roscrvc,untll thc reyuiretmnt frn•marigage insurnnce encis in accardence with any written agceem�nt be�Wan 8ar*ower and L.ender or nnplicable luw. 9.Inspection.I...en�cr or it:�ugcnt n�y makc rcasonnbie entrieti upnn and inspations af tho Property. Le�xler nhall give Borrower notia at thc time of or prior to an inspection Fpocifying reasonable cause for thc Inspection. 10.Condemn�tlon. The procads af any award or etaim for damages. direct or consequential. in conntctlon with�ny wrxlemnati�n ar other taking of any part of the Property. or for conveyance in lieu of condemnation, are hereby assignaf und shall be paid ta L,ender. In the event af a taal taking af the Propecty.the proce�s shall be applied to d�e sums i;ecured by this Secudty Instrument, whether or not then du�,with uny excess�patd to Barrower. ln the event of a partial taking af the Property in whtch the fair market value of the Property immediately beforc the taking is equnl to or greater than thc amount of the sutns secured by thie Sa:u�ity Instrument Immediately before the taki�g.unless Borrower and Lender othcrwise agrec in writing. the Fums securod by this Secudty Instrument snall be raluced by the amount of the proceeds multiplied by ehe fallowing fraction: (a)the totel amom�t of the sums secured inunediately before the tuking, divided by(b)the fair market value of the Property immodiate�Y before the taking. Ar�y balance shall be paid ta BorroWer. In d►e evont af a partial taking of the Property in whicfi the fatr market valuc of the Property immediately before the taking ts less than thc amount of the sum�secure�d immediately before the tai:ing. unl�ss Borrower and Lender otherwtse agcee in wriUug ar unlcss sppltcable law othenvise provides.the prc�cads�hal� be applied to the sums sxured by thls Secur�ty Insuument whether or not the sums are then due. If the Property is abarKlancd by 9orrower,or if,after notice by Lender to Borrower that the condemrwr offers to malce an award or settle a claim for demages, Bo�ewrr�s•at��n�either to rastora ionor repair of the tProperty or o the sums Lender is authorized to collxt arni aPP Y P soc�u+ed by this Securiry Insmunent,whether or not then due. lication of rocceds to rincl slull not extend or Unless Lender and Borrower othenvise ugrce in writing. anY�ePi�2 or change the am unt ofpsuch payments. postpone the due date of the monthly payments refenal co in paragi'ap 11.Borrower Not Rdeased;Fott�enrance BY u�d�r Not a Wniver.Extension of the time for payment or modification of amortization of the su�ns sxured by this Security Instrument granted by I.ender to any successor in interest of Borrower shall not otxrate to release the liability of the original Bormwer or Borrower's successors in interest.Lender shall not be tequired to cotturunce pror,adings againse any suceessar in incectsi ui�efua:.ta txt�ttd t3m?P^r pnyment or othenvise madify amortizstion of the��n�erest bAny forbearancetby I.ender bn ex�er�cising any ght�o�r med�sliall nonbe a waiver of o�Proclud�� succes exercisa of any right or remedy. 1Z. Succeseors and Assigns Bound;Joint and Serernl Litbiltty; Casigoas. The covenants and agreeaneats of this Securiry Insnument shall bind and benefit the successors and assigns of L,ender and Borrower. subject to the prnvisions of paragraph 17, Borrower'a covenan[s and a8reemeuts shall be joint and scveral. Any Borrower who c.o-signs this Securiry Instrumcnt twt does not exxute ttK:Note: (al is co-signing this Sa:urity Instrum�,iso� t�o��8��'g ��t�pa the surt�s Bonower's interat in the Property under th�tern�s of this Secudty Insnv►ncnt; secured by this Securiry Instn►ment;and(c)agras that Lender and any other Borrower may agroe to extend,modify,forbear or make any socommodadons with regazd to the temis of thls Secudty Instrument or the Note without thet Borrowa's consent• 13.Lan Char�es.[f the�oa�►secural by this Security Instrument is subject to a law which sets maaunum lou�clwrgea. and that faw is finally inte�p�sa that the interest or other loan charges collected or to be collected in t0�o`�wid►the loan excced the perrnittocl limits. then: (a)any such loan charge shall be reduced by the amount neassary �*8 to the permitted limit;und @)anY sums already collected from Borrower which exceeded permittod limits will be rofunded to gorrower. Lender rney choose to make this refund by reducing the principal owed urxler�e Notp�yy �ng a direct payment to Borrower. If a refund reduces principal. the reductian will be trezted as a artial ment without any prepayment charge und�r the Note. 14. Notic�.Any nodce to Botrower providod for in this Security Instrument shall be given by delivering it or by mailing it by 6rst class mail unless applicable taw requires use of unother method•The notioe shall be dirocced to the Ptopaty Addnss or any other addrrss Borrower designates by notict to I.ender• Any notice to Lender shall be gtven by first class mail to I,ender's address st,ated herein or any other address Lender designates by notice to Boaower. Any noti¢e provided for'n this 5ecurity Instru�ment shall be damed co have ban given to Eorrower or L.ender when given as provided in this p�ragraph. 15. Goveraing Law; Severnbility. This Security instrument shall be governed by federal law and the law of thc jurisdiction in which the Propercy is located. In the event that uny provision or cleuse of this Securiry Instrument or the Note conflicts with applicable law, such conflict shall not affect other provisions of this 5ecudty Instrument or the Note which can be given effect without the wnflicting provision.To this encl the provisions of this Saurity Insriument and the Note are dxlared to be sevemblc. 16. Borrower's Copy.Borrower shall be given one wnformed copy of the Note and of this Secudty Instrument. - Form 3028 9190 ppe 4 ot 6 ..__-_.��-,�..,--�--�--�a -- -- ----_ --.��...,m....�,�� _.,_.o..,._._..----- _.w.-.,.-'..___..�.�� .w_�___ _-�-°""'-'_--- x�_�—s�-_---.�.-�..,__.-_ - - - ..._---_----_