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<br /> peymenu may no bngu be rcquirul,at t�e apdon of Lendcr.If mortgagc 3nsurancc covcrage(In thc amount and for eho pedod
<br /> that I.andcr rcquire�)provided by en insurer approved by Lender again becom�.s available and is abtained.Borrower shall pay the
<br /> prcmiums rcquircd to maintain martgagc insurenco in cffcct, or to providc a loss rescrvc,undl thc rcquircmcnt for mortgaga r—
<br /> insurance ends in t�ccordancc with any written agrecment between Borrower end l.endcr ar appliceble law. _
<br /> 9.Iaapectbn. Lcndcr or lts agent may mako rcasatiablc cntrlcs upcm and inspcctlons of ihc Property. I.cndc� shoU givc
<br /> Borrowu nodce at�he dma of or prtor ta an inspxdon specifying reasonable causo for the inspccdon.
<br /> 10.Coadantulbn. 'lt�o procccds of any award or claim for damagcs. dircct or conscqucntial, in canncctlon w�ta any
<br /> condemnation or aher teking of any part of tho Property,or for conveyance in lieu of condemnution,are hereby assig�ed and
<br /> shall ba paid w L,cnder. �
<br /> In tho evcnt of a totol taking of the Property,thc pracceds�hall bo eppUcd w the sums sccurcd by this Scxurley Insuurnent,
<br /> whether or not then due,with any excess paid to Horrowu.In tho cvcnt of a partial taking of the Property in which thc fair iraark�t
<br /> valua of the Proputy Immedletely befora thu wking is equal to or greater than thc amount of the sums secured by thls Security
<br /> Instrument immcdlately bcfom the taking, unless Bomower and Lender olhcrwtsc agree in writinB+the s�ms securrd bY this —
<br /> Securiry Instrument shall bc reduccd by ihe nmount of tho proceeds R+ultiplicd by the following frc�ction: (a)thc total amount of
<br /> the sums sccnrcd immcdiatcly before the taking,divIded by (b)thc fair market value of th�Propercy immediatelY before thc
<br /> teking,My balanca st�ell bo p�id to aorrowu.In the eve�t of a pactiai taking of the Prope�ty in which the fair merket vala c�f the
<br />= property immedialely before the taldng is less than 1hc emount of the sums secured immediately be+fore the takia�g�unless
<br />= Bomowu and L.ender otherwisa agree in wriHng or unless appliceble law othuwise provides,the procecds shaU be applicd s,o►ho
<br /> sums secured by ihis Securiry Insuument whetbex or not the sums ere then due.
<br /> If the Propesty is Abanda►cd by Borrowu,or if�after notia by L�endu to Bonowu that thc condemnor offcrs to aiake an
<br /> award or sepk a clotrn for damages.Borrowu fails to respond w Lcnder within 30 days aftcr the dau the notla is given,I.cnder
<br /> is authorizod to collect and eppiy the procecds,at its option,either w reswration or repair of thc Prapc�ty or to the sanns s�curetl ---
<br /> by this Sectulry Instrument,whether a not then due.
<br /> Unless Lenda and Borrowu otherwise agree ir►writing,anY application of proceods to principal shaU not extend ar yostpone
<br /> the duc date of tl�e monthly payments referred to�n paragraphs 1 and 2 or chengc the amount of such payments.
<br /> 11.Borrower Not RekASed�Forbearana By Lender Not a Waiver. Exunsion of the Wne fa payment or ms�iCcadon
<br /> of amorti�adon of the sums secured by this Sxiulty Instrument granted by I.ender to any successor in interest of Homorer sha11
<br /> not opuate w rekase Ihe liabillty of the odgtnel Borrower or Borrowes's auccessors in intcresG I.ender shail not 6e re�uircd W
<br /> commence p�ncetdings against eny successor in interest or refuse to eat�a�d dme for payment or otherwise modify amortimtion of
<br /> tho sums secured by this Security Instrument by rcasan of any demand mada by the original Bacrower or Borrower's sexeasors
<br /> in intensG My fabearaoce by Lendu in excrc�sing any rlght or rcmedy shell not be a weiver of or preclude the exuciu of any
<br /> rlght or remcdy-
<br /> 1Z.$IIC.OlSSOri 1I1N�ASSIBnS Buuau�Juini iiiw uL'i%i'�-i'i=�+��t .�i�r•-"a�Qi:Tiv. �SZ COJESi3SlL° 8i!$ 8°�L�!!'�It±c nf Ihi.0 ,
<br /> Security UisUUma�t shall bind and bene�t the successors and assigns of Lender and Borrower, subject w the provisi�ons of
<br /> p�h 17. Barower's covenants and egreements shall be joint and aovual. My Borrowu who co-signs this Security
<br /> Instrument but das not exxute the Note: (a) is casigning thia Sccucity Insuumerit only to mortgaga.grant and caaray that
<br /> Borrower's int�erest in the Property undu the tcrms of this Securtty Instrument;(b)is not personally obllgeud to pay d� sums
<br /> secured by�his SocurIty Instrument;and(c)agrees that I.ender end any other Borrower may agroe to eatend,modity. fabear or
<br /> mske any accornmodati�ons wlth ngard to the te�ms of this Security Inshument or the Nota without that Borrowu's consad. .
<br /> 13.Loan Clurees. If the loan secured by this Security Insuum�r►t is subject to a law which sets me�cimum loan char6es�
<br /> and ihat 1aw is fwlly inteipreted so tlsat the interest or other loan charges collected or to be ooUected in connecdon with the loan
<br /> excad the pe��iqa!limits,then:(a)any such loan charge shall be reduced by Iha amount necessary w reduce the ct�rde ta Iha
<br /> permiaed 1Lni� and(b)sny sums already collocted from Borrowu which exc�eecled permiued limits will be mfunded to Barower.
<br /> Lcndu may chaose w mal�e this refund by reducing the principal owed under the Note or by making a diroct pa�n�nt w
<br /> Borrowa. It a reFund reduces principal,the reducflon will be tmated as a pa�ai prepayment without any prepayrtuat ctuuge
<br /> under�he Note.
<br /> 14.Notke.s. My nodce w Bocrower provided for in this Security Insuumcnt shall be given by delivuing it or by�iling it
<br /> by first class mail unkss applicabk law requires use of another methad.'Ihe notia shall be directed to tha Proputy Address or
<br /> any other addcc.cs Barowa designates by nodcc to Lender.Any nodce to Lendcr shall be given by C�rst class mail to Le�der's
<br /> eddres�stated haein or eny othu eddress I.ender designates by notice to Borrower. My notke provided for In thi�Socurtty
<br /> Instrument slwU be damed to have boen gtven to Bomower or Lender when given as provided in this paragraph.
<br /> 15.Govern��Law;Severability. This 5ccudty Instrument shall be govemed by federal law and the 1$r of the
<br /> jurisdic6on in wh[ch the Froperty is located.In the evcnt that any provisbn or cl�use of this Security Insuument ordie Nou
<br /> conflicts with appiteable law,such confllct shall not effect other provistons of this Seciuiry Instrument or the Note whkh can be
<br /> given effect witiiout the cunflicting provision.To this end the provisions of this Secnriry Instrument and the Note are dxlared to
<br /> be severable.
<br /> ' ForR.aoxe 9/�0
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