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�'"',�'���... .. ., ""`a/MYM1i�'1M�hi4V�r-:t�.. ._�t.a�,..u,�•.�- �71T•r—�.�s.�r,-�.._.......�.� <br /> �,�r.��::L .`,��.:�"i.:�::r°f.".�T ..�.�.`;n°�"�.!::.' .�:-i_a�+�• <br /> V V r�1�703 {/1'l00��� <br /> paymenta may no lon�er be requirul. at the option of Lender, if ntortgage insurnnce coveraga(in the amount and for the period <br /> • 'th�t Lender rcqufres)pravidod by�n Insurer approved by l.cnder again becomes avaflobie and is obtained. Borrower ahall p�y <br /> the prcmiurtis required to m�intpin rnungaga insurnnce In effect,or io providc u loss rescrvc,untll the requirement for mort�aga <br /> i�uuru�ce enda in�ccordutice wfth u�y written agrament between Borrower and l�ender or applicable law. <br /> 9. Inspxtlon. Lender or ite agent may make reasanable entrles upon and Inspectionn of the Property, Lender shal!give <br /> Borrower notice at Ihe ttme of or prfor ta an Inspectlon specifying reasonable causc for the inspection. <br /> 10. Condemn�tlon. Tha proceede of any award or clai�n for damaga, direct or consequential, in connection with any <br /> condemnulon or othor taking of any p�rt of the Properly,ar for conveyence{n Ueu of condemnulon, �re hereLy Aa�igned Rnd <br /> shall be peid to Lender. , __ <br /> In the event af a total taking of the Property,�he procads shall be applled to the sums secured by this Security Instrumcnt, <br /> wl�cther or not then due, wlth any exass pafd to Borrower, In the event of a panial takiog of the Property in which the fair <br /> market value of the Property immcdia�ely before the taking is equal to or greater than the amaunt of the sums secureJ by this <br /> Security Instrument immediately beforo the laking,unless Borrower and I.ender otherwise agree in writing,the sums secured by <br /> chis Sccurity Instrument shall be reduccd by thc amount of the proceeds muitiplied by thc foUowing fraction: (a) ihc total <br /> amount oF the sums secured imrnediately before the teking, divided by(b)the fair market value of thc Property immedi�tely <br /> before the taking. Any balance shaU be paid to Borrower, In the event of a partial taking of the Prapeny in wtdch the fair <br /> market vdue of the Property immediately before the taking is less than the amount of thr. sums secured immediately before the <br /> toking, unlea�Borrawer and Lender otherwise agree in writing or unless applicable law otherwise provldes, the proceeds shall <br /> be applied to the sums scaued by ihis Security Instrument whether or not the�ums are then due. <br /> lf the Property is abandoned by Borrowcr, or if,after notice by Lender to Borrower that the c�ndemnor offers to makc an <br /> award or settle a clalm for damagcs,Borrowcr fnits to nspond to I.cnder within 30 days after the date the notice Is given, <br /> Lender ia aulhoriud to collect and appiy thE procceds,at its option,either to restoration or repuir af the Property or tn the sums <br /> secured by thle Security Instrument, whether or not then due. • <br /> Unless Lender au►d Borrower otherwise egree in writing, any application of proceeds to principal shall not extend or <br /> pastpone�he due date of the monthly payments refcrrcd to in paragraphs 1 and 2 or change tlic amount of such paymcnts. <br /> i l.Horrower Not Neleaved;Forbmn►nco By l.ender Nlot a Wwirer.Extensian of the time for payment or modification <br /> of amortization of the sums securai by�his Security Instrument granted by Lender to any successor in interest of Burrower shall <br /> not operate to releasc the Ifabillty of thc original Borrower or Borrower's succ�ssors in interest. I..ender shall not be requircd to <br /> commence proc�alings ugalnst s�ny successor in imerest or refuse ta extend time far payment or otherwise modlfy amorti�tion <br /> of the aums secured by this Security Instrument by reason of any demand made by the original Borrower or Borrower'a <br /> successors in Intcrest. Any forbearana by Lender in exercising any right or rcmedy shall not be a watver of or preclude the <br /> exerelse of any right or remedy. <br /> ii. oii{CC-aiG�o «:.a. �".�:br� n0lt:D�i iL`�::! S'-:Sd ct:'Cl:.,I 1(�I�ili(Y� f'�-clbn�rg: TIi_r. r_.ny�na[I(� antl aB�eemeNS of lh�s <br /> Sccurity Instcument ahall bind and benefit the successors and assigns of Lender and Borrower, subject to the provisions of <br /> par�Rraph 17. Borrower's cov�nu►ts and agrecments shall be joiat and several. Any &�rrower who co-signs thf� Sceurity <br /> Insttument but does not execute the Note: (a) is co-signing this Security lnstrument only to mortgage, gru�t �nd convey th�t <br /> Bc>rrower'a int�rest in the Property under ihe terms of this Security Instrument; (b)is not personally oblig�ted to p�y the tums <br /> secured by this Sxurity Instrument; and(c)agree9 that L.ender and any other Borrower may agree to extend,modify,forbear ot <br /> muke any accommodations with regard to the terrns of this Security Instrument or the Note without that Bonower's consent <br /> 13.I.oan Char�es. If the loan secured by thfs Security Ins►cumant is subject to a law wniGh sets maximum lo�n chuges, <br /> and that law Is finally interpreted so that the interest or other loan chargos collected or ta be collected in connectlon with the <br /> loan excad the permitted Iimits,then:(a)any such lonn charge shall bc reduced by the amount neces�ary to reduce�he char�e <br /> to the permitted Ilmit;and(b) any sums already collected From Borrower which exceafed permftted limits will bo refunded to <br /> Borrower. La�de� rtu�y chooae to m�ke thls refund by reducing the principal owed under the Note or by makin� a dircct <br /> �►�yment to Borrower. if a retund rcducea principel, the rcduction will be treatcd aa w penial prepayment wfthout any <br /> prepayment charae under thc Noa. <br /> l4.Noticp.Any notice to 6orrower providecl for in this Security Instrument shall be given by delivering it or by malling <br /> it by first c:lass m�il unless applicable law requires use of enother method. The notice shall bc dirxted to the Propeny Address <br /> or any other address Borrowcr designates by notice to Lender. Any notice to Lender shall be given by firat clui rtu�il to <br /> Lender's addcess�tated herein or any other address Lender designates by notice to Borrower. Any notice provided for in this <br /> Securily Inst�ument shall be deemed to have been given to Borrower or Lender when given as provided In thi:puagnph. <br /> 15.Covernln� I.nw; Severnbllity. This Security lnstrumcnt shall bc govern�d by federal law and the law of the <br /> juriufictlon in which tlie Property is locatcd. In ih�evcnt that any provision or clause of this Security Tnstrument or the Note <br /> conflicts wlth applicable law,such conflict shnll not affcct other provisions of this Security Instrument or the Note which can be <br /> given cffxt without the conflicting provisfon. To this snd the provisions of this Secarity lnstniment and the Note+ue declared <br /> �o be severablc. <br /> lb.Bart�ower'�Cupy.Borrower shall be given one conformed copy of the Note and of this Security lnstrument. <br /> Fam 3�0,� <br /> �BRINE)D2 t s1.o2 r.y�4 or e �� d <br /> � <br /> ] <br /> � <br /> � <br /> � <br />