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<br /> ;��_ L � 2 t�_ paymeists may no louger be reqciced.ai the option of Lender. if mortgage insurance mverage(in the amount and for the period <=4 -_
<br /> - �.�• thaz Lender requiresy pm+rided by are insurer approve�!by L.ender a�ain becomes availabte and is obtained. Borrower shall paY � �...,4 ��
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<br /> 'f:f , - ...�'r'`� the premiums requiied to n,a;�ra;��morFgage ins�n-ence in effea,or w provide a loss reserve.until the req��••,P�m for mort�age ,`�= �
<br /> II � � �
<br /> '� � insuraaoe ends in acoordance aith any writt,e�►ag�r�ment betwee°B°n'°wer and Lender or applicable law. `,�
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<br /> �� t . 9. es�#oa. Lender or its agent may make reasonat�te entries upon and inspertions of the Property. Lender st�atl give ,`
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<br /> �° 4 ;. Sortower notice at the time of or prior to an inspection specifyiag reasonable cause for the inspection.
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<br /> '..�.. •.�•:° �-..'.•.' IO Coademnatfon. The prooeeds of any awazd or claim for darrages,dirert or ooasequeatial. in connectiou with any �-4+ . , .,
<br /> _'�`=���..': ```��.`° :-"`' conctemnation or other rslting of any part of the Property.or for conveyance in lieu of condemnatioa. are hereby assigned and - °,:r _�.
<br /> ` ~ `'` shall be paid to Lender. - ; �
<br /> ��. �, •:
<br /> �,� ..,. � � ��. In thc event of a wtal taking of[he Property.the prooeeds shaU be applied to the suurs secured hy tbis Securiry Instrument. f �,
<br /> " t � �arhether or not the,s�dve,wiib any eacess paid to Borrower. ln the event of a partial takinS vf the Properiy in which the fair ; ^,,?x�
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<br /> ,_.. _�'"':�-�' market value of the P�npeRy iuunediately befoie the taking is equal tu or greater than the amuunt of the surns secured by tiris
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<br /> .Y - ��::r';� ._• .-= Security lnstrumem immediatfly before the taking,unless Borrower and Lender ot�henvise agree in�vTiting.the sums secuied by • .,: < ,_`
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<br />-s�_ :<<� ,. �. . �,• this ge�rity lnsuuuunt sha{1 be reduced By the amoupt of the procee�ls multipUed by the following fracdon: (a) the tota!
<br /> '��•�2.�,•. : v. :..�,p:..�:
<br /> �; . -- . ..�a�. amount of the sums secured imuiediately befoie the taldng, divided by Eb) the t'air martset vatue of the Prc�perty imro �arP(Y
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<br /> _,;,� -�::; - �;', :,:;. �� :;: before the talring. Any balance shall be paid to Borrawer. In the event of a partial taking of the Propert}r in which the fair , .; :,,
<br /> ��: • '• marl�.et value of the PropeRy immediately before the tal�ng is less than the atnount of the sums secured immediately before the � f s,.
<br /> -=-�'•`-' � `� talring.unie�s Borrower and l.endet otheraise agree in writing or nnless applicable la�re otherwise provides,the pmceeds sha!!. � � `� �
<br /> '�� <� r—:�� be applied to the sums secured by this 5ecurity Insuurnent whether or nat the sums are then due. � � ^
<br /> `t If t6e pmperty is abandoned by Borrower,or if,after notice by Lender to Boaower that the oondemnor offe�s co make an " �
<br /> ��,°". �_ °; awara or seute a claim for duuages. Botrower fails to respoud tn Lendes within 30 days aRer the date the notice is given. � -
<br /> �. r Lender is�thotzze�w wllect and appiy the prooeeds.at its option.either ta restorarion ar repair of the Property o:to the sums � �, •,
<br /> ,'�`� . ' secured by t6is Seauity?� �m�^*-.whether ar not then due. � n
<br /> f�: .�-• •~'. �� � '' Un(ess Lender and Borrower otherwise agree in writing. any applic�ation of prace�ds to principai shafl not eatend ar �
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<br /> �� , : ppstpone the due daee of the monthly payments re ferr e d to in paragrap h s 1 and 2 or chan ge[he atnount of such Qaymenu. � � _
<br /> - . 11.Borrotiver Nat Reteased;Forliearance By Lender Not a N►aiver.Eatension of the timr for payment or modif�ation � _ _
<br /> �"�`' .J•���'�� :`' °`�-�H� af amort"vauon of the sums secured by this Security Inswment granted by Lender to any saecessor in interest of Borrower shall , �_;_:
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<br /> `�.� �` ..' ���� ..`�:`;�=-=; not operate to relpse the iiab�7ity of the original Borrower or BmYOwer's successors ia interest.Lender shatl not be required to. � :�-
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<br /> �;S•�• - . '�: commence prac�dinSs a°�t any sacoessor in interest or refiuerto eatend timc for paymeat or otherwise madify amortization
<br /> �t:-;:y _ `� — tH I�iYv ��"iii�.+a�' �SS.i�CL'L."Ii'j ts�i�sment hy 1'P'i!�?► �?f 9_A� �!er!!�fis T^..�.' M ��•• 3:.o^IIS:aa� Borrower or Borrower's �° ,•e�:.
<br /> •;�E%` • ' ° suoc�ssors ut interes� My forbearance by Lender in eaercising aay right or remedy shat!not be a waiver of Qr preclude t�se �°`,.;—1,�,
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<br /> • '� ` '.' exercise of any right or semedy.
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<br /> ` � . ; ; 12.Succ�ors and Acsig�s Boun�Joint aad Several LfabUity, Co�signeis• T6e covenanu and agreements of ttus .; :
<br /> ;;� �` - ;;:;;:,�' � Sec�riry Instramem shall bind and benefit the saccessors and assigas of Leader aad Borrower. subjecE to tbe pmvisiot�s of ,..,�
<br /> '. •. . .. paragraph 17. Borrower's cavenanu and agreements shall 6e joint and several. Any Borrower wdo oo-signs chis.Security ' �`
<br /> ` � Instrument but does aot execute the Note: (a) is co-sigaing this Security Instrument only to mortgage,gant and convey that -
<br /> , � ';', - , . �,,, �:_ Borrawer's interest in the Property under the terms of this Security L4strument: (b�is not personally abligated to pay the sums •.: �;,
<br /> - - �• , .�:•! secured by this Security Inswment;and(c)agrees cLat Lender and any ather Borrower may a�ree to eatend,modify,forbear nr
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<br /> ,;;:��;;;:r�,•. , ,, �; make any accommodations with regard to the teims uf this Security Instrument or the I�Iote without that Borrower's consenL .' �.
<br /> . ' • !3,I,oan Charges.If the loan secvred by this Security Instrument is subject to a law which seu maximum loan charges. ' �`�.; .
<br /> , . . and that!aw is finaliy interpreted so tbat the interest or other laan ct�arges colt�oc to be coliecte�in connection witb the :•.,,.;:.�
<br /> . loan exceed the pem►iued�imits.then (al�Y such loan charge sha}; be reduced by the amount necessary to reduce the char�e
<br /> ' to the permitted limit:and (b)any sums already coil�from Borrower which exceeded perniitted limits will be refunded eo ..
<br /> _�.;:.;;'�. -. � �orrower. Lender may choose to make this refund by reducing the principal owed under the Note or by making a direct �:.
<br /> ,�'"''.�.;�� ., .. � . payment to Bortower. If a refund reduces principal. the reduction wi11 be treatut as a paniai prepayment without any .-� ��' �
<br /> .� '` prepayment charge under the Note. • •
<br /> • _ , • � .;_.'� � /,4.Not�ces.Any notice to Borrower provided for in this Security[nsuument shalt be given by detivering it or by mailing . . . .=�
<br /> � � - it by ftrst class mail unless app�icable law requires use of another method. 'Fhe nouce shall be direct�d to the Propesty Addr�,s '�.
<br /> _ .��+,±��..:;. •. . � or any other address Borrower designates by notice io l.ender. Any notice to Lender shall be given by first class mail to
<br /> • Lender's address stated herein or any other address Lender designates by notice to Borrower.My notice provided for in this
<br /> � ' �'' � Security Insuument shali be decmed to have been given to Borrower ar Lender when given a9 provided in this paragrapb. ;
<br /> .�' ,`.� � ' 15.Governin� Law; Severaflllity. This Security insttvment shall be governed by feders►1 law and the law of the
<br /> ��..' ' �. ' jurisdiction in which the Property is located. [n the event that any pmvision or ctause of this Security Instrument or the Niote
<br /> � . �.�� � . �: . • conftict�with applicsble law.+uch conflict shali not sffeet oiher pr�visions of this Security In.titrument or the Note whiei�can be
<br /> , .. � . given effeet without the conflicting provision. To this end the provision�of this Sec:u�ity Intitrument and the IVote are dectare�i :
<br /> ., .
<br /> ' ' '. � to be severabte.
<br /> ; �7�."•�..: , . 16.Borrawer's Copy.&�rrower�hall be given one conformai copy of the Note and of thiti Sec:unty tnstrument.
<br /> • Form 3028 9l90 .
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