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.. . .- .�,.r. +^r.,•��•-• � <br /> ; . ., . �. . .n�.'rciw. :�...; _ � � . . .f `...":"-.-'-� �-,.....��� <br /> ...� . � <br /> "� , -.. . .,.a. r.:.�cw`}.,aD' 'F�.'1.,�'..�jr . .. . . -..�1'�Y.��� ' <br /> � .�.. . . .... <br /> .. <br /> ,_� .. . <br /> . . . `-— <br /> .. �! 4 N4. � � �s r...,. - - - <br />.. � .a y � I .�, . � . . �it. <br /> � t� <br /> .r.� .1., _. .. .... .. <br />_ _ 98- l�zs - <br /> payment�may no longer be reqttited. at thc aption of IAnder, if rnortgage insurance coveragc(in the amount and for thc period <br />° that Lender requires)providal by an insurer approval by Lender again becomes availablc and ie obtxinal. Borrower shall pay <br /> �� the premiums requlred to matntain mortgage insurunce in effxt,or to providc a lass reserve,until►he requirement for mortgage <br />'.� insur�nce ends in�:ord�nce with any wdtten Agraement betwan Borrower and Lender or applicAble Isw. <br />--_ 4. irupectic►n. I.ender or i�s agent may mA1ce reasoru�ble entries upon and inspa;tions of thc Froperty. Lender shall give <br /> Bonower notice at the time of or prior to an inspection a�ecifying reasonable cause for the inspection. <br /> 10. Condantwtlon. The proceeds of any award or claim far dameges, direct or conscquential, in cannectlon with any <br /> condemnotion or other taking of any part of the Property,or for conveyance in lieu of condemnation, are hereby assignod and <br /> � sliall Ue paid to Lender. � <br /> In the event of a tot�l taking of the Proponv,tha proceeds shall be applied to the sums sxured by thia Sceurity Instrument, <br /> whether or not then due, with any eacess pAid to Borrower. in the event ot a partisl taking of the Property in which the falr <br /> market value af the Praperty im�nediately befote the tsking is equal to or greater than the amount of the sums sccured by this <br /> Security Instrument immediately before the taking,unless Bo�7ower and l.ender otherwise agree in writing, the sums sccurnl hy <br /> this 5ecuriry lnstrument shall be ruluced by the amount of the proceeds multiplied by the following fractiou: (a) che total <br /> � amount of the sums securcd immediately befon tha taking, divided by(b) the fair market valuc of the Proporty immediately <br /> ,.� before the te�king. Any balance shall be paid to Borrow�r. In the event of a partlal taking of the Property in which the fair <br /> .� market value of the Property immediately before the taking is less than the amount of the sums sxured immediately txfore the <br /> taking, un!ess Bonower and Lender otherwise agree in writing or unless applicablo law otherwise provides, the proceeds shall <br /> s� be applied to the sums secured by this Security Instrument whether or nat the sums are then due. <br /> If the Property is abandoned by Bonower,or if, af[er notice by LenQer to Bonower that the condemnor offers to make an <br /> � award or settle a claim for damages, Borrower fails to respand to Lender within 30 days after the date the notice ia given, <br /> -� Lender is authorized to collect and apply the proceeds,at its option,eithcr to restoration or rcy�air of the ProZxrty or to the sums _ <br /> _ secured by this Securtty Instrument, whettur or not then due. <br /> � Uuless Lender and Bcnower otherwisa agree In writing, any application of procads to principal shall not eatend or <br /> - postpone the duG date of the monthly payments refcned to in paragraphs i and 2�r change the amount of such payments. <br /> -- 11.Borrower Not Released; Forbearance By Leader Not a WAiver.Extension of thc timc for payment or modification <br /> � of amortization of the sums secured by this Sexurity Instrument grantal by Lend�r to any successor in interest of Borrower shafl <br /> not operate to nlease the liab!liry of the o:iginal Boaower or Borrower's successors in inten�t. l.ender shall not be required to <br /> cocnmence procadings ag�inst any successor in interest or refuse to extend time for payment or otherwise modify amortization <br /> of the sums secural by this Security Instrume�u by reason of aziy demand made by the orlginal Borrower or Borrower'� <br /> - successors in interest. Any forbearance by L.ender in exercising any righc or romedy shall not lre a waiver of or preclude the <br /> ezercise of any right or remaly. <br /> i�. a�µ�.o :�: �:6:a �:;a; i�!�r �rr� c.qP.wl i.tahiltty; Co-signers. The covcnants and agraments of this <br /> = Security Instrument shall bind and benefit the successon and asslgns of I.ender and Borrower, subJect to the provtaions of <br /> paragraph 17. Aorrowor's covenants and agraments shall bo joint and several. My Borrower who co-signs this Socurity <br /> � Instcument but does not execute the Note: (a)is cc�-signing this Security Instrument only to mortgage, grant and convey that <br /> ° Borrower's interest in the Property under the terms of t61s Security Instrument; (b)is not personally obligated to pay the sums <br /> ' secural by this Security lnstrument; and(c)agrees that I.ender and any other Bonower may agra to extend,madify, fo:beu or <br /> " make any accommodations with regard to the terms of this 5ecurity Instrument or the Note without that Bonower's consent. <br /> = 13.Lopn CharQea. If the loan secured by this Security Instrument is subject to a law which sets maximum loan charges, <br /> and that law is finally interpreted so that the interest or other loan chugas collected or to be collr.etal in connxtion with the <br /> loan exceod the permitted limits, tlien: (a)any such loaxi charge shall bo reduced by the amount necessary to reduce the charge <br /> to the permitted limtt; and(b)any sums already collected from Bonowex which excaded permitted limits will be refundod to <br /> Borrower. l.tnder may choose to ma{ce this refund by reducing the principal owed under the Note or by m�icing a diroct <br /> .. payment to Bonower. If a refund reduces prineipal, the reduction will be trexted as e partial prepayment without any <br /> prtpaym�nt chazge undcr the Note. <br /> _ 14.NoHces. Any notice to Borrower provided for in this Security Instniment shall be given by deliverieg it or by mailing <br /> - it by first claas maii unless applicabie law requires use of another method. The notice shall be directed to the Propeny Address <br /> —�; or any other address Borrower designates by notice to Lender. Any notice to Lender shall be given by first class mail to <br /> � Lender's addrea� stated henin or any other address Lender designates by notice to Bonower. Any notice providal for in this <br /> —� Security Instcument shall be dcemed to have been giveu to Borrower or Lender when given as providal in this pazagraph. <br />