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, �--�.a.-.T . �V�..�..-.M��tMyn•if' _ . , . .. . .. .._..__. ��'�`"..,d..r-„t•y�Rye�.. _ �� - --�---�_..�. - - ---- - g?" ►0��'�- payments m�ty no longer bc roquired. pt tht option of Lcndcr.if mortgage insurence cavcrage(In the amount n f r e period thxt I.ender requins)prc,vided t�y an insurer epprovod by Lencler again becomes available and is obtuined.Bc�nower shsll pay the promiums requireA to maintain mortgage ins�erance in effect, or to provide a loss reserve,until thc requirercknt fur moRgage Insurance end9 in acco�dunce with any written agretment betweea Borrowcr arxi Lender or applicabla law. 9.Inapectlon. I.,cnder or its agent may make rcasanuble entries upon and inspcctions of thc Aroperty. I.endcr shnll give Borcower notice at the tfine of or prior to an inspection specifying reasanable cause for the inspectton. 10. Condemnation. The pcocesds af a�iy award ar claim for damages. direct or sonsequential,in cannation with any candemnatjon or ather talcing of nny part at the Property.or for com�eyunce in lieu of candcmnution,nrc hcreby aysig►�ed nnd shall bc paid to i.endcr. I��the evcnt uf a total taking of ths Property.the procc�xls shatl be epplted to the sums securod by this Security Instrument, _ whether or not then due,with any cxass paid to Bomower. In the event of a partisl taking of the Property fn which the f�ir market valuc of the Property immodintely before thc taking is equal to or greater thun thc amount af the sums securcd by this Security Instrument immodiately before the taking.unless Borrower and Lender otherwise agree in writing,the swms secured by this Security Instrument shall be roducal hy thc arrwunt of thc proceed.s muldpllod by d�c fullowing fractton: (a) the tatal aroount of�he sums secured immediutely befora the teking,divided by (b) tho falr mirket valuc of the Properry lmmediattly bafore the taking. My balAnce shull be paid to Borrowcr. In the event of a partial taking of the PropeRy in which the fair market value of the Properry immatiately before the takfng is less than the amount of the sums secured immc�diatcly before tho talcing,unless liorrower and Lender otherwise agree in wt�ting or unless applicable law otherwise provides, the proceeds shall be applied to the sums secured by this Secudty Instrument wbether or not the sums src then due. If thc Pr�perty is abandonat by Borrower.or if.aftec notice by Lender to Borrower that the.condemnor offers w mekc an award or settle a claim for dAmages, Borrower fails to respond to Lender wIthin 30 days after thc date the notice is givtn. Lender is suthorizod to wllect w�d apply tha procads.at its option, either to restoration or ropair af the Property or to tho swns securcd by this Secudty Instrument,whether or not thea due. Unless Lender and Borrower otherwise agree [n writing,eny applicat�on of procceds to principal shaU not�xtend or postpone the due date af the monthly payments nfcmed to in paragraphs 1 and 2 or change the amount of such payments. 11.Bnrrower Not Released;Forbearance By Lender Not w WAtver.Extension of the ttme f�r payment or modlification of amortization of the sums secural by this Security Instn►ment granted by I.ender to any successor in interest of Borrower shall not ope��te to release the liability of the original Borrower or Barrower's successors in iuterest. L.ender shdl not�e required to commence p�oceediags against any successor in Interest or refuse ro extend time for payment or othenr[st modify amortization nf the sums 4ecured by this Security Instrument by reason of any denwnd made by the original Borrowcr or Borrower's successors in interest. Any forbeuranct by I,enda in exercising any dght or remedy shall not be a waiver of or preclude the eaercise of eny right or renaedy. 12. Suoceaaors and Aeeigns Bound; Jotnt aad Several Ltability; Casigaers. The covenants and agroements of this Sawdty Instntment shall bind and ixnefic che succwwrs w,u �;.;j�t�; ,�f i.t-jttlar assd Ears•o•xar. �ubject w tlst gr��4slons Qf pnn►graph 17. Bon�wer's covenants and agreements shall be joint ancl several. Aay Borrower who co-sigas this Security instrument but does not execute the Note: (a) ia co-signing this Socudty Instnumnt only to moRgage. grant a�id convey that Borrower's interest in the Property under the terms of thls Securiry Instrument;(b)is not persor�ally obligated to pay the sums secured by this Secudty Insuument; and(c)agcees that Lender and any other Borrower may agroe to extend, modify,fo�bear or malce any accwnnaodations with rcgard co the terms of this Securlty Instrument or the Note without that Borrower's wnsent. 13.I.opn Charges.If the loan secured by this Security Inat�ument is subject to a law which sets maximum laut charges, and ttat law is flnsilly lnterpreted so that the interest or other loan charges colloctal or to be collectod in connection with the Iwn eaoeed the permitted limits.then:(a)any such loan cdarge ahall be reducal by the amount nece,uary to redua the chsrge to the permitud limit:and(b)any sums alnady collectod from Borrower which excoaied pertnittod limits will be nfw►ded to Borrower. Lender may choose to maice this refund by reducing the principal owod under the Note ot by makiag a dirxt p�Ynnp�t to Borrower. If a refund reduces principal. the reduction will be treated as a partial prepayment without any . pnpaynknt chugc under the Note. . 14.Noticee.Any notive to Horrower provided for in this Securlty Instrument shall bc given by delivedng it or by mailing it by 6rst class mail unlrss applicable law requires use of another method.The notice shall be directed to the Propaty Addnss or any other address Borcower designates by nntice to Lender. Any notice to L.ender shall be given by first claas mail to Lender's addc�s statod hentn or any oth�r address Lender designaus by notice to Bormwer. Any notice provided for in this Socurity Inswment shalt be doemed to have bxn given to Borrowar or I.ender when given as provided in this puagraph. 15.Governlog Law; Seva�bllity. This Security Instcument shall be govemed by federal law and the Iaw of the jurisdiction in which the Property is locatod. In the event that any provision or clause of this Securiry Lutrument or the Note oonflicts wfth applicable law,such conflict shalt not ai�ect other provisions of this Security instrument or the Note which can be giv�n effoct without the conflicting provision.To this end the provisions of this Security Instwnent end tho Note a►�e declAred to be severable. 16.Borrower's Copy.Borrower shall be given one ccmfornxd copy of the Note and uf this Security InstNment. Form 3028 9I90 P�4 of 8 � •