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<br /> ,�•� _�`' ____-------�-•-----_,._.� _____.. _� --
<br /> � ` tton of i.ender.if mnttgaee insur�ace coverage 4in the amount and for the gerio� s�-.
<br /> -. -.---:- �,ayr-�-�mai aa lim,g��r�quis�.'.�t t�e ag'
<br /> m,g
<br /> ��y,�� r¢q�)Provided by an insvrer approved by l.ender again b�comes available aad is obiaine�i.Baaower sha11 p�}+ � �f�:
<br /> . • • the premiums re4ui€ed to ma;nr�mortga,ae insuraace in effect.or ta provide a loss reserve.until the r�ui�ment for mortgage �Jm_„:
<br /> �����y������any�,niuen agn�ement between 8oirower aad Leader or apglicabla luw. � ;�.Y�
<br /> . � 9.Ias�sert[an.Ixader or its agent may m�ce reasanable eatries u�an aad inspECaons of the Prop�tty. Lender shall give �-,,_
<br /> m
<br /> ` C Borrower notic�at the tua:.of or prior to aa insp�:tion sFecifying reasonable causs far the insgection. � �'�.-
<br /> � : 10.Condemnsitoa'Ihe praceeds of any award or claim for dam�ges, dir�ct or oonsequeatial. in c8nnection vrith any Q �°
<br /> • .' 's coa�EmnatEon or other talang of a�+part of the Propsrty.or for conveyance in lieu of ooademnariax�.are hereby assi8ae�aad � -,:
<br /> sh�l1 be paid to Lender. �L
<br /> , _-� In the event af a total taking of the Pcoperty,the praceeds sha11 Ise apptied to che sums s�by this Security Iasu�eat. � ,
<br /> �-�:--���:, whether or aot then due.with az►y excess paid to Barro�ver. In the event of a parrial ta4cing of the Property in y+1rich the faiT �:_
<br /> -:•.:r�, �+�`'' ' m�rket va[u.e of the Property im�ediazely before the taking is eqnal to or greater taan the amount of ths sums�cuc+�d hy this __
<br /> mm
<br /> Security Insuum;.nt immediately befoie the taking.unless Borrower aad L.en�r otherwise agree in writtng.ttze sums secured hy _-.
<br /> � , ,�� this SecuzitY InsnumEnt shall b$ reduced bS+ the aenount of the proceeds mulaplied by the folloiving frastion: (a) the total -
<br /> nv tmmediately
<br /> - amount of the sur�secured imm�iately b�fore the takiag.divided by(b)th Ffair market value of the�Pm Iucl�the fa'v
<br /> ' hefoie the taking. A�+bal�nce sha11 Ue paad to Barrocs+er. In the event of a artial taking af the FroP�Y � _
<br /> � °.:� �<� ma.�cei value of the Property immediatejy hefo�the ta.�ing is less than the amQ�mt of the sums secuned immEdiately before the __
<br /> . ,;�'� t�g.unless Borcower and I.ende�c otheiwise s�ree in writing or untess applicable law otheiwise pmvides,the pmcecds shall
<br /> .y � be applied to the sums secured by dvs S�curiry Iastn�ment whether or not the sums are then due. _
<br /> ,',� � � If che PrapertY is abandoaed by Bazroever.or if,after aotir.e by Lr.nder to Bormwer thas the cQnsiemnor offers w make an
<br /> ' `� ' x^aard or settle a claim for damages, �orroaEr fa�s[o c�sgond to Lr�rrier within 30 days aRer the datc the nouce is given,
<br /> '� �.�.der is authorized io collect and apply the pmc�eds,�t il�q��on,Eiv�.rr w reswration or repaic of the Prapetry os w the svms
<br /> s�red by 2his SecuritY Instrumxnt,ahether or not thr�� _
<br />°.r.• ' : ,�,. Unle�;�.�-�er Fucd Borrower othEr+ri�e ag�ree i��riting, aa�a r�lisatian of procced.s to principal shall not extend or
<br /> • ,r•. .• gostgoae t�:B�:�date of the montNy pfilm�s refern�to in paragrag�s 1 and 2 or change the a�snuu of s�paymeats-
<br /> - . i l.Borrnwer Nat R��sed.Forb�srance By�sr�xr Not p Waiver.Extension of the cis�f+zr paytnent or modificatian
<br /> :`�amoMi�arion of the sa¢��a^�..utid by this Secvrity Ir•��aeat granted by I.en�ler to any successnr in interest of Bormwer shall
<br /> �._ i ari
<br />'�►�a�t : not operate W rslease sh�%ralnjy..y of the original Borcr,u�c or Borrower's successo;:s u:interen.Ixnder shall nat be zequired to
<br /> r����.. .
<br /> s`!,:, commence praceedings�'�:�Y s¢ccessor in inter�c n�refuse to extznd timc for gayment or otherwise modify amorti7atian
<br /> .,. _ ' #.^�-� of the sums szcured by �:::s Securiry Ias�bY reason of aay.demacd made by the original Borrower or Bormnrer`s
<br /> ;,;'•, ��� ��t�. p,�,. ��r�aiance by L,eader in exercasi�any ri�t or r e m e d y s b a 1 1 a o t b e a w a i v e r o f o r preclude the
<br /> .=v�, . ..
<br /> ___" �':`;.` c.zercise of any right or r,�mrr3'-
<br /> ..-y��' . . Bouna, JoSffi uwr��v�aH UabiIIty. Co-�uag. The coveaants and agraements of this
<br /> �;��rt�.• ..,',. 12. Successo�s and As5lgns
<br /> - - ".�'�;."f': 5ecuriry Insm�ment shall bind aad be�efi'_the�cct�r.rrs aad assi�s of Lensi��:.� Boraower, subject to tt�e pmvisions of
<br /> -��-`�'�`;''.•,:; s h �T,. Borrower's oovenanu �d. �t�� :� tse jcint,�.ad several. Aay Bama,.r� who co-si�tFus Se�ra�r��
<br /> ',;���-'-:�r;.� �.. P��P
<br /> •��=,'�?�a,.,-: dasm�mEVS�b��does not execute the Nc�t.� �:a?�co-signin�tm►a S�cnntY Instivment only Cn m�r.r.�age,Srant�d coave?�:�u:
<br /> ' R (e�.,.• ,�.. •. F�:scro�ver's interesi in the Property uader the terms o_`th;s 3zauiry�enr(hi�.�2ot F:r::r�r�.t.r obl3gaYc33►a PaY orbear or -
<br /> ;c�•, •
<br /> '�_::'��w�?`,-.
<br /> -.,�.:��.;:' ', �-s��ed by this S�uriry Insmimsat;an.d(e)a�s that I�nder and any other BonL:-�::�y�.-��extead,m:�'�Y,
<br /> -''�"�x'-�•,`. ' � make any scoammodatioas with r�ard to the terms of this SP•e�uriry Insuument or t7�p:Y•�.�w-i+uc•�.t th�T BoaoF�r's con�ent.
<br /> _��:-��;�-_— 13.II..�A�C6arges.If the loan setured by this Securiry Ya�nY is subject w a law c��fcA�sets maximum loan eharIIes,
<br /> - ..�<f,.., .
<br /> -"'.;� ;�<' and th3t la�+;s finally inteipreted so that the interest or ot�er lcan ch�ges callected or to be v�'.Iected in wnnecxion v+ith the
<br /> Y°''�'�'��=—�' loan exceed th�permitte�l L:�its.thea: (a)anY sush loan charge shnl�be reduced by the amount necessary to rerluce the chaz$e
<br /> •''^�➢,.���z'`+�,. �,;, an Sums already wlleaed fro�$azrov�er which eaoeeded permicted limits will be refunded to
<br /> _--.-n� to the permitt.ed limit;�.�r.. ..) Y
<br /> --- - Borrower. Leader may aha:se to make thls refund by red�scing the principal owed under ttte Note or by making a direct
<br /> A -__ _ - payment to Botrower. If a refund reCures principal, the reducttcn will be ueateii as a paRial prapayment without aay
<br /> — - prepaym�ent chazge uuder tAe Note.
<br /> t
<br /> -- 14.Notie.es.An}+ucln�to Borcrsmr•a:�mvided far in t�ia Seeui�ty lnstrument sha11 be 8►�en by deliverjng it or by mailing
<br /> --=.:��;�� it by fust class mail uai.=:��Pli�ble law requires ru�of anQ�ter�thad.'The ae�ce shall be d'uected to the property Address
<br /> --__ "- - or any other address 1?�n�wer designates by noticc:A l�nder. Any notice c� P.rrader shall be given by f3t�i ciass mail co
<br /> --- - _— �,ender�s ad�lress stated herein or any ottsrr address i�eader desigu�tes by aotice ca Boaower. Any nodce p:avided for in this
<br /> ---�"���;:.���°. S�ty(n�x.rument sha11 be deemed to have bcen given to Sflrtov�cx-or Ixnder when given as�rovided in this paragraph.
<br /> _ 1$.���g ��� �ye�b��y. � �riry I�,inwt�ut c�all be govemed by federal law and the law c;','iJio
<br /> ���_ jurisdiction in which th�Froperty is locazed•In the event that any pr�visio�s or�use of this Settuity Instn:�ent or t�:"��tx
<br /> --r.=;jx;� conflicts with applicable iaw.such confliet shall aot�';ct o•.�et pr�.ti.s�Dns oF ci�i:i;'u.�curiry Insnument or the IYv:e which caa be
<br /> °-�,'�i, gi�en effect without the oonflieiing grr:sion.To this end t�c:pta�si::ir,�ns of tkil;�xurity Insmuuent and the Note ara dec'�..°ed
<br /> -tis.,.'`�.,. to be severable.
<br /> __'.=�°�itE .- 16.BorroWer's Copy.Borroweg r1cL]l be g5vec�oae conformed copy of the Note and of t1s1�.��curiry tnstrument.
<br /> =:=�-� Fartn 3028 9190
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