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<br /> � 99����0��
<br /> • ' ' payments r�ay no longer bs required.at the option of Lender,if mortgage insarance coverage t�n the amauat and for the period
<br /> �Y
<br /> .' , . that l,ea�r requires)provided by an insums apProved bY Lender again bscomes availabte and is obtained. Borrower shail pay
<br /> I.en
<br /> , , . , • �e P�����to�atain mortgage insnrance in effect,or co provide a►los�reser�+e,uatil the requirement for mongage
<br /> . ��������ce���ny written agrcemeat between 8orrower and Lender or applicable law.
<br /> ' S.Iasp�tian.Leader or its agent may make reasonable entries ugon arid insg�tions of the Property. Len�er shall givs .
<br /> � ' Barrower notice at the time of or prior to an inspe�ion��ifying reasonable cavse far the inspettion.
<br /> ' 10.Con�nnatton.'I4te pmcead� of any avwatd cr claim for damages. direcx or conse9uential, in con��tion with any
<br /> , ' � condemnation or other taking of aay part of the Progerty,or for conveyauce in lieu of condemnation, ate.hereby assigned and
<br /> shall be paid ta L�nder.
<br /> In the event of a totaf taking of the Properry.the Procceds shall be applied to the sums secured bY this Securin't�s��.
<br /> . -,--�'�` _ rrhEihsr or not then due. with any exces�paid to Barro�er. In the event of a p3rtial taking of�he Progerry in which tfie fair
<br /> "' � marlcet value of the Progerty imme�iatelY bafore the caking is equat to or gr�tec than tt�amount of the sums secured by this
<br /> � , Security Instrua�at imm�diazely before the ta�sing,unless Sormrrer aad Leader otherwise agr�in vmtiag.the sums secured by �
<br /> � ' tl�is Se�urity Insnument sha!! be reduced by the amount of the pracads muldplied by the following fraction: (a)the total f;
<br /> ' amoaat of the sums secured immediazely before tbe taking, divided hy(b)the fair market value of the Pioperty immediately `,:N
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<br /> before the taldng. Any balauce shal!be paid to Borrowu. In the event of a par[ial taldnB of the Pivpert}r in wluct► the fair �x
<br /> market va3ue of the Pmgerty�*�m�-�*�ly before the taking is less than the amount of the sums sewre�l immediatelY hefore the �__
<br /> � '• ta�ng,unless Borrower and I.ender othe�uise agree in writing or unless applicable law otheiwise gmvides.the proceeds s�� —
<br /> t be applied to the swas secured by this Security Instn�ment whether or not the sums are then due. _
<br /> � �� � If the PmgeRy is abandoned by Borrower,or if.after notice by Lensler to Borrower ihat the condemnor offers w make an ___
<br /> aw2rd or seule a claim for damages, Earrower fails W respond w Lender within 30 days after the date the aoticc is given, _
<br /> _ . .. �-�;�-- Lender is auttiorized to collect and 4-�.y the prxeeds.at its optian,either w restor2tion or�pair af the Property or to the snms ___
<br /> secured by this Security Instrumeat•���-`e�'or c�t�hen due. � not e�� or
<br /> � � �:� Unless Leader and Borrower..��:�--e ��in writing, anY �PPlic�auon oi procerds to principal °
<br /> _ �� postpoae the dt�e date of the mnnthlY i-�:%•�=='��L0�p��P�1�d 2 or change the amount of such payments. _
<br /> 11.Barcower NoY Reieasad;lF:u..��.:��p�.��''%�d�'Kat a Waiver.Exteasion of�he�me for payment or mo *�.`.,�tion
<br /> • - cf z-.^�.-ation of the su�s secured L: .:::s�-:.;_ -=.���t grauted by Lender w any s�:a�or in interest of Eor���x sha1� - -
<br /> . •� ` cet e�:�.e to ceiease the liability of�e rr_� �:+�:ower or Borrower's successo:s in inie�. Lend.�r shall nat ha r:�am3 to --
<br /> cammezce proceedings agalnst anY success°��.�-'�t or refuse to extend time for payment or otherwise modify amL���:ation
<br /> . . 1: of t3te sums secaued by this Se�uriry Ipstru��:�by reason of any demaad made by the original Borrower oz Rormwer's
<br /> `: afE• �;�fl��n inte�esc. Any forbeara.^.ce bY Len3er in exercising any ri�t►t or remedy sha11 not be a waiver of or preclude the
<br /> ' �� exercise of aa ri t or remedy.
<br /> � ;:i:::.. Y P�
<br />_ � :�i;°;� �, 12. Saa�essors aad As�gt�i�:.uad;dolnt artd Seveial LlabilIty; Co-slP,meas. T*re cavenants and agreements of this
<br /> . J;.,�+, ,
<br /> �; S�cutiry Insttu�aent srali bind and benefit the�xsso�s and assigns of I.ender and��wer,subje�x to the pmvisioas o
<br /> . ' P��Pb 17. Bon�:..�:r's covenants and agr-z�s shaU be joint and s=��-�. Any S,::rawet w�co-signs this Sec�uity
<br /> � � � Insaument but does�t execute[he Note: (a)��.� a�signing this Se�urity IL:.-�ameIIt only to mflrtgz�e.��nt and convey that
<br /> �• �`�M•.• gort�;;�:'s intcrest ia the Property uuder[he cer-...:c.`this�,i'-:+1 InStrum�n�(b)is nut��onally a�:'o�ted to pay the��ma
<br /> �.
<br /> ' .a���,r sec�.r�..��,Ja'ss Sccurity Insnum��::�d(c)agrxes�at Le�:��any ather Bonower m�.: agree to extead,modify,�:.-ear or
<br /> `'`:"'� mas.,.-�acuomme�ons cvith re,y.�3 to the ter.;..a c:f this�in�:�Insuun►ent or the Note without that Borrotver's co:_:�:nt.
<br /> �
<br /> � Y3.Loan C�.��.If the loan setured bY�3r=Security�:�sdu°lent is subject to a law which sets maximum loan charges,
<br /> ' and that law is f'r.,�':I.g� inteipzeted so tbat the inte:�st or other loan charges cuUecxed or to be callected ia conn�xioa with tDe
<br /> loan er.�-�ed the geimitted limits•then= (a)any such loan chs:��:sha11 be reduced by the amount necessary to t�uce the charge
<br /> ',�`f;,•' �' to the permitted Gmit: and(b)any�ums already collecied�:�''orrower which exceeded�:rmitted limits will be refuaded to
<br /> :"�'. .i ..:.. Borrower. Lendar may choose to ma�e this refund by re�Lcu.g the principal owed unde: thz Note or by malcing a direct
<br /> .'•��`�� �• payment to Bormwer• If a refund reduces pr'��pal, the reduction will be treated as a partial PrePayment without any
<br /> .t.�.Y cT�r..:. -:�ef'.
<br /> ;f=_::.:•�.;��• PmPaYmeaa c.�arge uader the Note.
<br /> �,:�: ;r.:.-c�- 14.Notices.Any notice to Borrower pro��x�i C�r in tiils�urity Listra�meat shall be given by�vering it or by mailing
<br /> �„�i.,��'�;'.' it by�r*:.t ciass�mail unless appl'cu_�:e law requires as�of 4:.:��•:r method.The notice shall be dicected to thz Properry Address
<br /> _�'?,���;� : or asf other address Boraower��r��.a[es by na:ce to u�:�:�:.:. Any notice to Lender�~.�ll be given by first siv;:•nait to
<br /> " ��:=•'� Leader's address stated herein or�.y other ad�,s s..ender iesignates by y�'ice to Borrya�c::. Any c;��ir.e provide�.±'i:in th�s
<br /> °:µ�.:
<br /> '. ' •.� Security Insnument shall be deeased to have b�u�ven to Borrower or Ixc�,�-rorhen give:as providat in�1�is paragraph•
<br /> _�,;�, ., 15.Gowerning I.aw; Seve.'"�:`•`�ity. This S�urity Inswment sha13 '�= govemed by federa] i•aar aad the law of the
<br /> �� �. rovision or clause a�*�is Security Insnument or the Note
<br /> ..;f.�.<. : jurisdiction in which the Ptoperty is located.In the event t�zt anN P
<br /> ?':'•`�-"`: � connflicts with applicab2e law,such conflict shall aot affect other pr6visions of this Ser,usiq�L'.snvment or the Noie whicb can be
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<br /> '. �* . . given effe�t witha�:r.i�e conflicting pmvisioa. �"c this end the pmvisions ay�c�is Security Insuument a^.d the Note are declared
<br /> to be severable.
<br /> �. � !6.Borrnwea�'s Copy.Borrower shall he;��c�oae conforined copy ai��i:e Note and of this Sec�::��+Insuament• -
<br /> .. Far.n 3k?B 9190
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