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<br /> _ 98- ��.�bo
<br /> paynxntx may no Innger he reyuiraf,ut thc opdon af I.ender, it'mortgage ircurance coverage(in the amount snd for the perial
<br /> that l.encier rcyuireK)prnvidal by un inFUrer epproved by l.ciuler aguin bccomes uvuiluble ui�d is obtuined.Fsorrow�r shall pAy
<br /> ihc premiumr requirai to maintain mortgagc insurancc in effecc,or to provide u loss re.+ervc,uutil thc requirement far r�wrtgegc
<br /> Inaurance ends in uccc�rciance with any written agreement betwan&�rruwer uixi[.erxier or upplicablc law.
<br /> 9, In�tpeMion. lx�xlcr or itti ugent rnay muke reusnnnble entrics u{x�n urxl inspections of the Property, I.cixlcr shell give
<br /> i3��rrower tx�tica at 1he tiit►e of or prior to un inspeclion s{►ecifying reu.�nable c��u�e for the inspection.
<br /> l0. CondemnAtlon. Tlie pnxecYlx oP uny award ur clubn for damuges. direct or esnsequential, in conncction with any
<br /> condcmnation ur othcr taking oF uny part of the Ymperty, or far canveyurxc in Ileu of caiKiemna►iun,ure hcreby ascignal�nd
<br /> shall hc paid ro I.encfer,
<br /> In the evcnl af u total taking of the Property. the proceecis shull hc apnlial to the sums sccured by this Security Inslrunxnt,
<br /> whcthcr or not then due, with uny excess paid to Horrower. In the evcnt uf u punial tuking of thc Propeny in which the fair
<br /> nwrkct vi�lue�f thc Propeny immediately befurc thc tnking i,cyual ta or sreuter than thc un�ount uf the sums secured by this
<br /> Security instrument immcdiatcly befare the tuking,unless Borrower und l.er�cr otherwise ugr��e in wridng,the sums secured by
<br /> this Security Ir�strunxnt shull bc raluccd by ihc an�ount of ihc pmccods mulllpficJ by thc following fraction: (a) thc total
<br /> smount of the sums �ccuraS immecfiately bcforc thc takinR,divided by (b)thc fnir murket value of tlic Property immediately
<br /> txfore thc taking. Any balancr shell be puid to Borrower. {n ►he event uf u� panial taking of the Property in which the fair
<br /> mnrket value of the Properly immediately befure 1he tuking is less than¢he ainount of the sums ucured immediately befon the
<br /> taking, unless&►rrower and I.ender othcrwise agree in writing or unless upplicnble luw otherwise pravides, the proceals shall
<br /> be upplied to thc swns secured by this Security Instrument whether ar not the sums arc then due.
<br /> [f the Propeny is ubandonod by Borrower,or if, uftcr notice by Lenclor to Borrower tha�1he condem�wr offers to make an
<br /> award or settle a claim for damages, 8orrower fails to resporxl to l.ender within 30 days after the da:s the notice is given,
<br /> L.eneier is authurizul w cullect a��d apply the prncccds,at its op►ion, eith�r to restoration or repair nf the Property or to tho sums
<br /> securai by this Security Instniment,whetlur or not then due.
<br /> YJnless Lerxler ancf Borrower otherwise ugree in writing, any upplicxtion of proc�eds to principal shail not extend or
<br /> �astpone the due date o�the mc>nthly payments referred to in paragraphs 7 and 2 or chanbe the amount of such paymsnts.
<br /> 11.Borrower Nox RelexRed;Forbears►nce By l,ender Not A Wplver. Extension of the time far Rayment or modification
<br /> of amortizatiun of the sums secured by this Security Instrunxnt graRteci by L.ender to any successor in interest of Borrower shall
<br /> not operute to release the liability of the original Borrower or 8orrower's successors in interest. i.ender shalf not be rcquiral to
<br /> commence ptnceedings agninst any successor in interest or refuse to extend time for payment or otherwise modify amortization
<br /> of the sums secureci by this Security Instniment by reason of any dema��d made by the originul Borrower or Bormwar's
<br /> successors in interest, Any forbearance by Lender in exercising any right or rcmedy shall not be a waiver of or preclude the
<br /> exercise of any right or remedy.
<br /> i�. au��r��� R�d :�f6n� g�L;;�; �Ql��g^•1 G.ynrgl i.i�hlllty; ["o-slgners. The covenants and ag�ecments of this
<br /> Security Instrument shall bind and benefit the successors and assigns of Lender and Bonower, subjxt to thc provisions of
<br /> puragraph l7. Boi7ower's covenants and ugreements shall be joiit and several, Any Borrower who cu-signs this Security
<br /> lnstn►mcnt but dces not execute the Note: (a) is co-signing this Security Instrument only to mortgage, grant and convey ths�t
<br /> Burr�wer's int�ccst in the�roperty under the terms of this Security Instrumcnr(b) is not perso��ally obligated to pey the sums
<br /> secureci by this Security Instrumenr and(c)agrees that Lender and any other Borrower may agra to extend,modify,forbear or
<br /> make uny accommodations with regard to the torms of this Security Instrument or the Note without that Borrower's consent.
<br /> 13.Loan�harges.Tf the loan secured by this Security Instrument is subj�xt to a law which sets maximum loan charges,
<br /> and chat law is finally interpreted so that the interest or other lo�n charges collected or to be collectod in connection with the
<br /> loar,excad the permittod limits, then: (a)any such loan charge shal�be recluced by the amount necessary to reduce the charge
<br /> to the permittod limir and (b)any sums already collected from l3�rrowcr which er.ccedai permitted limits will be nfurxiod to
<br /> Borrower. Leader rnay ct�oose to make this refund by raiucing the principal owed under the Note or by making a direct
<br /> payinent to Bonower. If n refund reduccs principal, the rCCluction will be treatect aa a partial prepayment without any
<br /> prepayment charge under the Note.
<br /> 14.Notices. Any noticc to Borrower provided for in tl�is Security Instrument shall be given by delivering it or by mailing
<br /> it by first class mail unless applicablc law requirrs use c�f annther mcthod.The notice shall be directed tu the Property Address
<br /> or any other address Borrower designates by notice to Le»der. Any notice to Lencicr shall be given by tirst class mail to
<br /> I.ender's address stated herein�r any otl�er address l.ender dcsignutcs by notice to Horrowcr. Any notice provided for in thia
<br /> Security Instrument shall be deemed to I�ave txcn given to Borrower or L.ender when given as provided in this paragraph.
<br /> 15.Governing Lsw; Severnbility. This Security Instrument shull be governccl by federal law and the law of the
<br /> jurisdiction in whicli thc Property is located.In the cvent that any pmvision or clause of this Security Inst�ument or the Note
<br /> conflicts with applicable law,such conflict shall not affect other provisians of this Security instrument or the Note which can be
<br /> given effect without the contlicting provision.To this eiid tlie provisions of this Security Instrument m�d the Note are dxlared
<br /> ro be severable.
<br /> 16.8orrotver's Cupy.Borrower shall be given one conformed copy of the Note and of this Security Instrament,
<br /> Fam 3028 9190
<br /> P�pe 4 of B
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