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<br /> paymen�s may no longcr bc required,at Ihc optian af I.cndcT, if mortgagc insnrancc cAVCrngc(�n�thc•a�onl�u�i��r thc period
<br /> that I..cndcr requires)pravidcd by an insurcr npproved by Lcndcr ag�ln bccames avallnble and i9 abtained.Barrowu sh�ll pay the
<br /> prcmiuma rcquired w mainWin mortga�c insurancc in cffcct, �r to providc a lass rescrvc, until thc rcqu�rcment for m�ortg�gc
<br /> insuranca enda in acr:ordanco with any wrlttcn egrccmcn�bctwr.cn Bortowcr and I.cndcr or applicablc law.
<br /> 9.Inepectbn. L.cnder or it�egeni may maka rtasanablo entries upon und inspecdons of the Property.L.cnder ahall givc
<br /> Borrowcr noticc at iha Umc of or pdor W an inspccdan cpcxifying re.a�onublc causc for thc inspccdon.
<br /> :�.�ar.�:r.s�al:a:s. 'Il:s proc�cls af�.n; aw.1Q �►Glaim F�r clnmaaca, dircct or conscqucntial,in connadon with eny `.
<br /> wndcmnation or othcr taking of e�ry par�of tho Prop�rty,or tor canvcyancc in Ilcu of candcmnation,arc hcrcby�ssignect and �
<br /> shall bc paid to I.cnder.
<br /> In the event of a total taking af ihe PropeRy,the procecds►ha11 be applted to the sums secured by this Sccurity Insuumenb
<br /> whethcr or not then duc,with any cacess�aid to Sorrower.In �ho cvent of a partiai taklnB of thc Property In which thc fair markct
<br /> value of the Propccty immcdlately bcforo tha taking B equal to or g�eater than the amount of 1h�sums sccured by this Sccuriry
<br /> Instrument immedlatcly bcforc the taking, unlcss Barowcr and Lendcr othcrwLse agrca in wr�dng, the sumu aeaiueA by this
<br /> Securlty Instrument shall be reduced by 1he amount ot the procccds multiplied by the following fractton:(a)the total amount of
<br /> thn sums secared immediately bcfore the taking,ciivided by @) thc fair markct value uf thc Properiy immcdiately bcfore the
<br /> taking.My halanca shall bo pa�d to Bo�rower.In 1ho event of a partial�aking of the Property in which thc fair market value of the
<br /> Property jmmediatcly befom the taking is lcss than thc amoun� of thc sums secured immediatcly bcfore the taking, unless
<br /> Borrowet and L.ender othcrwisa agree In wi'iting or unless appllcablc law otherwise provides.the proceeds shall be applicd W the
<br /> sums secuced by this Securlry Instrument whether or not ihe sums ara then due.
<br /> If the Property is abandoned by Borrower.or if,aft,cr notkc by Lender w Borrowcr that the condemnor offcrs w maka an
<br /> award or scttic a claim for damages,Borcowcr fails to nrspond w Lendcr wlthirt 30 days aftcr thc datc�ha uotice Is glven.I.e�ider
<br /> is authorized w collect and apply the pmceeds.at its optian.either to reswradon or ccpair of the Pcoperty or to the sums sccured
<br /> by this Seciulty Instrument,whether or not then due.
<br /> Unless 1.ender and Borrower othenvise agree in writlnB,anY appUcadon of proceeds to principal shaU not extend or postpone
<br /> ihe duc date of thc monthly payments referrcd to in pa�agtaphs 1 and Z or change the amount of such paymenta.
<br /> 11.Borrower Not Rekased;Forixarance By I.ender Not o Wtiver. Extension of the d�mo far payment or modificadon
<br /> ot amordzadon of ihe sums secarcd by this Scxurlty Instrumentgranted by Lendcr to any succcssor in int�erest of Borrower shall
<br /> not operata to release the liability of tha original Sortowu or Borrower's successors in interes�Lendu shall not be requirod w
<br /> commence pmceeedings against any successar in interat ar refuse to�actend tlme for payment or otheswise modify amortizetion of
<br /> ihe sums socured by this Scxurlty Instrument by rcason af any demend mede by ihe odginal Borrower or Bomnwer's successors
<br /> in interes4 Any forbearanee by Lender in ezercising any righl a remedy shall not be a waiver of or preclude the execcisa of any
<br /> dght or rcmedy.
<br /> 12.Successors and Assigns Bound=Joint and SeverAt l.i�bi�ity; Casignera. 'llie covenants and agretments of this
<br /> Securlty Instiument shall bind and benefit the succas,ors and assigns of L.ender and Borrower, subJect to the provlsions of
<br /> paragraph 17. Borrower's covenans and agreements shall be joint and severat. My Borrowu who co-signs this Sociulry
<br /> Jnstrument but does not execute the Note: (a) is co-stgning ihis Sxurity Instrument only to mortgage, grent rnd convey thu
<br /> Borrowu's intcrest in the Property undcr the tums of this Sauriry Instrument;@)is not petsoually obligatcd lo pay the aums
<br /> socured by thiq Securtry Instrument;and(c)agrecs U�at Le�ndcr and eny other Ducrower may egrx to ozt�;nd,madlfY.forbcar or
<br /> maice any accommodations with regard W the tecros otihis Security Insuvmcnt or the Note without that Borr.ower's consenG
<br /> 13.Laan Ch�r`ee. If the loan socured by this Securlty Instrument is subject to a law which set9 maaLnum loan charges,
<br /> and that law is finally intapreeed so that the inurest a other loen charges coUocted or to be collected in connection wlth the loan
<br /> exceed the pumiued Wnits.then:(a)any such loan charge shall ba reduced by the amount nccessaiy w reduce Ihe cFiarge w the
<br /> pemtItted Wni�and(b)any sums already coqected frain BorroNer which exceedod permitted limits will be refunded W Sorrowu.
<br /> Lend�r may choose to make this rePund by rcduce�g the principal owed unda the Nnte a by meking a d3rcct payment w
<br /> Barower. If a refund rWucas principal. the reduction will be treated as a patt3al Prepayment without any pnpayment charge
<br /> under the Note.
<br /> 14.Nokices. My nodct to Bocrower provided tor in this Security Instrument shall bc givcn by ddivering it or by mailing it
<br /> by first class mail unless applicable law requires us�oF enotha methad.The nodce shall be directed w the Pnoperty Address or
<br /> eny other address 8orrower designatcs by notice to Lendcr. Any notice co Lcnder sball be given by fust class mail to L�dcr's
<br /> address statsd huein or any other address Lender d�signates by notice to Borrowcr. Any noticc providsd for in Ihis Securiry
<br /> Instrument shall bc dcemal to havc bcen given lo Bortowcr or Lcndcr when given es provided in this paragraph.
<br /> 15.Guvernfag Lrw;5everability. This Sccudty Instrument shall be governed by federal law and Ihe taw of the
<br /> jurisdic:don in which the Property Is locatecl. In the event thnt any pro+isio�or clause of this 5ocuriry Ins�ument or the NotG
<br /> conflicts wiih applicable taw.such conflict shall not effect otlur provisions of this Security Instrument or the Note which can be
<br /> given effect without the conflicang provision.To ihis cnd the provisions of this Security Instrument and the Noro are declazed to
<br /> be severable. .
<br /> . Form s02i o100
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