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� ..;;�: � --- - -- ,... -: ;_ .S„_.. � ,.�_�n�� '_�.---.�_..__�.---�-----. - ' _ - - -- _ _ _ -_ - — __ _- _ _ 97s /� � �' � paymcnts may n�lunger bed��r�n insurerPapprovod by I.endcr uguln ha�mxs��ulfuhlc ucxlii�th�tuln il�ilnrrnwcr xhallrp Y ►hxt Lencler requirca)pro Y the premiu►nw requircd ta maintaln mortgagc in�urancc In cffect,or to pruvfdc a lox�rcscrve.umil tho requlrcment or munga�c Insurancc enda in accordana with uny weitcen ugrccment bctwesn►krrrower�+►xl l.e��ler or upplicuhlc luw. 9. Inepectlon. l.ender or its agent may meke rcasnnwblc entrier upon und inx(xY.Kl�mr��i thc Nmpeny.l,ender shull givc Borrower nodce at tho time of or prior to an inspectton speclfying rea�onAblo cauxe fnr thn in+�secttun. 10.Condernn�tbn.The procwds of sny award ar claim for daawge9, direct ar cansulucnttul, in canncctian with any candemnation or other taking af any part of the Property,or far conveyance in licu af condemnation,ure hercby acsigne.�i ancl shall be pa[d to I..ender. In the event of a tocal taking of the Property,the proca:dy shall he applild ta the sums icecurai by this Security Insuumen. whether or nat then due. w�th nnY excess paid cb Bonower. In the event uf a purtisl taking of the PropeRy In whlch the fair msuket value of the Properry immediately before the taking is equsl to or grcater than the amount of the sums saured by this Sxurity Instrument immcdiately bcforc the tekjng, unless Borrawer and l.ender athcrwise agrce In wricing, the sums xcurod by thts Security Insuument shall be mduca! by the amount of the praceeds multiplled by the follawing fraction: (a) the tatal amount of the sums secured immediately before the taking. dividal by(b)thc fair n�arket value of thc Property immediately before the tnking. 4ny balance shall be paid to Bottawer. In the event of a partisl telcing of the Property in which che fair market value of the Prope►ty Immediately before the taking is less th�u�the amount of the�ums secnroct lmmaliately befare the taking,unless Bonower and Lender otherwise agree in writing or unless applicable law otherwis�provides,the procads shall be applied to the sums secured by this Securiry Instrument whether or not the sums en:then due. If the Property is abandoned by Borrower.or if,after notice by i.ender to Banower that the condemnor offers to make an awurd or settle a claim for damages. Borro�+er fails to respond to Lender within 30 days after the date the nudce is given, L,ender is authadzed to co�lect and apply the proceecls,at!ts opdon,either to restoration or npnir of the Property or to the sums secured by this Secudty Jnstrument,whether or nut then due. �icAtion of roceods to princlpal �hall not extend or Unless Lender and Borrower otherwlse agree in wrlting. any ePP P . postpone the due date of thc monthly payments refened to in paragrephs 1 and 2 or change the amount of such payments. ll.Borrower Not Releascd;Forbestrance By I.ende�r Not p Wafver.Extension of the time for payment or modiScatian Qf nmortizatton of tlu sums secured by thls Security Instrument granted by Lender to aay succe.4sor in interest of Borrower shall not operate to release the liability of the odginal t3orrower or Bu�iuwer's saa�.san in lni''n'st. Cender shall not be to4uirod to commence procoedings against any successor in interest or refuse to eatend lime for payment or otherwise modify amortiration of the sums secured by this Security Ins��ef bn exercising any d8hnt°a remedeY ehuUenot be a w i er of or prec de the successors in interest. Any forbearance bY exercise of any right or nmedy. 12. Suocessore and As��Sns B��d; Joint and Sevecal Linbilityi Co-signers. The covenants and agree►nents of t s Securiry Instrument shall bind and bencfit the successors and assigns of Lender and Borraaor. subjoct to the provisions of paragraph 17. Borrower's covenents and agreements shall be joint and several. Any Bonowor who �t� �n�u�t Instrument but dnes not execute the Note: (a)is co-signing this Secudty Instrument only to mortgage, Bonower's interest in t!►e Property under the terms of this Security Instrument; (b) is not pe�ly obligeted to Pa forbear or S��red by this Secudty Instrument;and(c)agrees that I.ender and any other Borrower ma a to extend,modifY� make sny accommodations w[th regard to the terms of this Securfry Instrument or the Notc without that Bottower's consent. 13.Los�n Ctuirges.If the loan socured by this Security Instrument is subject to a law which sFts ma�lmum IoAn cturges. and that law is finally Interpretai so that the interest or other loan charges collected or to be co1(xtod �°��u�c.�e�the charge loan�xceeil the pemutted limits,then: (a)any such loan chnrge shall be mduced by the amount necessary to the permlttod limit:and (b)any sums already wllected from Borrower whIch exceeded permined ��m�ta�n'��b�n�►��to T3c�rrower. Lender may choose to make this refu p by reducing the principal owal under th rt�te�r b�nmakini�out��any payment to Borrower. If a refund reduces princi al, the reduction will be treated as a Pa P p�y prepayment charge under the Note. 14.Nottce�.Any notice to Bonower�rovided for in this Security Instrument shall be given by delivering it or by Addn s it by tlrst class mail unle:�s appltcable Iaw requires use of another method.The notice shall be dirate�to the PropertY or any other uddnss Bonower designates by notice to Lender. Any notice to Lender shall be given by firat class mail to L,ender's address stated herein or uny odier address i.ender designates by notice to Borrower. Any notia provided for in this Security Instrument shall be deemed to have been given to Bnrrower or Lender when given as provided in thls paragraph. 15.Governing LAw; Severabtlity. This Security Instrumentrovisio o clause�of thisf Secucity Instrument or the Note }urisdictton in which the Property is located.In the event that any p conflicts with applicablc law, s4ch conflict shall not affect ather provisions of this 5ecurity Instrument or thz Note which can be given effect wlthout the conflicting provision.To this end the provisions of this Security Instrument sindthe Note are dcxlared to be severablc. 16.Borrower's Copy.Bonower shall be given one conformed copy of the Note and of this Security Inst�umcnt. Form 3028 9l90 Pp�1 ot 8 �'r.S:F:?. �.�.� y�.�.�'�ii�{�"'Al,:-.�——_