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<br /> y_� plymcnt�muy no longer be rrquired.at thc aption of Lendcr, if mortgogc insurimcc covcrage(!n the umount and for 1hc period �
<br />�� thnt I.ender requims)provided by an Insurcr approved by l.cilder aguin bewmc�x Avuilablc und is obwl�icd.Barrower fihap pay �
<br />- -- the premlums etquircd to muintain inurt�ago insurancc in cffcct.ur ta providc u lasx reservc,until thc rcquimmcnt fur monguBc e
<br /> _ insun►nce ertdA tn uccordance with uny wrltten agnecment �SCtv�ecn Bnrrower and Lcndcr nr opplicuble luw. � _
<br /> _ 9.Q�gpectton.L.ender or its agentc mny muke r�ra:smable entrlew upnn nnd tnspecticros��P the Property. L.ender shull give �"
<br /> _� Borrower natice ut the time of or prlor ta an lnspertinn s�SeclfyioII rentianable c�au�e for the inspcction. �
<br />- 1 0.Con demna t ton.T he proc� a f any uw a r d ur c i n l m fa c d u�n a g e s. d i r ec t n r c o n s c q u e n t i u i. i n c a n n e c t t o n w i t h u n y
<br />�� condemnntion or ather tuking of ony part of the Property,ar far conveyunce in Ileu of condemnatian, ure heceby ussigned und � ,
<br /> e hu U t se paid ta 1.ender. I Q
<br />==== in thc event af u totul takingof the Pro�erty,tha pro¢ecds Eh�ll bc apnlfed to the sums securai by this Secudry Instrument,
<br />_=��; whether or nat then due, with any exce.ss puId to Borrawer. In the event of A partial trikin�of the Praperty in which the fair
<br />-a_ murket vulue of the Prapet4y immadlntely before the tahina js equal to ar gcemter than the nmaunt of the auma secured by this
<br />_;� Secur[ty Instrument immediately 6efore tha taking.unlesa 8urrower and L.endcr atherwise agree in writing,the sums eecured by
<br />.-�;;,� this Secudty Instnrment shali be reduced by the amount of the proceeds muldpliat by the foliowin� fractton: (n)the tawl
<br />�= nmount of the sums secured immaliately before the talcing, divided by(b)the fair market value of the Pro�serty imm�ediately
<br />�_ �efure the tnking. Any bulance ahall be p�id to Borrower. In the event of u partiul takins of thc Property in which the fair
<br /> -- market value of tho Property immacf intely�efore the tnlcinII!s less than the amount of the sun�s secured immediutely before the
<br />—= takin�. unlcs3 Barmwer and Lender othenvise agree in writing or unless appllcable luw otherwise provldes,the praoeeds shull
<br /> be npplied to the sums s,ecuned by this S�cudty Instnunent whether or not the sums um then due.
<br /> If the Property is a6endortcjd by Borrower,or if.aRor noilce by I.ender to Borrower that the condemnor offers ro make nn
<br /> - award or settle a clnim �or cina�abc�s,l3nrrower fnils t�n respond to Lender within 30 dnys after the date the notice is given, _
<br /> - Lender is authotlzed to collo��and apply the pmceed.v.at iu option.either to resroration ar repair of the Property or to the sums
<br /> ;F+:�,� secured by thia Secudty Inst�ument. whether or not then due.
<br />:::.::`.r� Unless I.eader und @ornswer othenvise aBree in vsrdting, any 1pplicatIon of procecds to pr�ncipal shsill not extend or
<br /> postpone the due date of tha mornhly payments refer�d tm in paragraphs 1 and 2 or chan�e the amount of such payments.
<br />-- 11.Borrower Nut 1t�9�rascdi�brbenrance Sy I.ex��dcr Not a Wniver.Extension uf the dme for payment or modification
<br /> of amortizatton of tho sums eecwcd 6y this Secutity Inst�rument granted by Lender to any successor in interest of Boaower shell
<br /> '��a�;� nat opernte w releaso the Uability of the od�inal Borrower or Borrow2r's successors in interest. Lender shall not bs requlred to
<br /> comrrtence proce�dings ugainst�ny successor in interest or refuse to extend tlme for payment or otherwise modify amort�Zallon
<br /> of the sums secumd by this Security Instrument by reason of any demand made by thc orlglnal Borrower or Borrower's
<br /> succ�ssora in interest. Any forbaranx by L.ender in eAercising any right or remedy shall not be a waiver of or preclude the
<br /> = exerclse of eny d�tht or remady. .
<br /> 12. Sua�ore und A,ssigro Boand; Jotnt and Severnl Llabfltty;Caaig�tere. The oovenant�v and ugreements of thia
<br /> :'°;:� Secur�ty Instruraent sh�ll bind and benefit iho success�rs end assigas of Lender and Bonower. subject to the provision� of
<br /> pAragrnph 17. Borrow.:r's �.rovenents and �agreements sheli be joint and several. Any Borcower who a�-signs tfila Socurity
<br /> Instrument but daes nat ex�tute�he Note: (a)is ca-sl�caang this S�curIry Instru�ent only w murtgage.�t and wnvey that
<br /> Bonower's ir.terest in the Prop�cty under thc terms af fC�•is 5ecuriry Instiument;(b)is not personully nbligatetl to pay the sumv
<br /> - securod by this 5ecudry Ins�tument; ond(c)agt�ees that I.ender and eny other Horrower may agree to extend,madify,fa:bea;or
<br /> ="'''` make sny accommodations�ith reg�ud to the terms of this Securlty Instrumeat or the 13ote witlwut•thut Borrower's oonsEnt.
<br /> -`�'� 13.i.tian Chnr�t�s.If the loan secured by this Secudty Insirument is subject to a lnw which sets maxtmum loaR charges.
<br /> und ttwt luv�is ftnally inte1rmreted sv that the lnterest or other loan charges collected or to bo coliected In corutertion wlth the
<br /> lQan exaxd the penntttai 6'srnias,then: (a)ciny sueh loan churge shnll be reducai by the amount necessary to reduce ihs charge
<br /> to the permltted limit; und (b) any sums el�ady collected from Borrower which exaoeded parmilted limits will be refunded to
<br /> :,,s, Borrower. Lender may choose to mak�thts refund by reduclns the principal owed under t4�a Note or by making a dire�t
<br /> -�:t°�a+ payment to Horrow¢r. If a retund reduces princlpal. the reductiun wiU be toeated as a pnrtial prepayment wlthout any
<br /> pmpnyment charge undl�r the Nato. ,
<br /> 14.Notloes.Any n�odce to Borrowa�r pnovided for iz►thia Security Iastn�ment shnU be given by deliverlmg e3 aor by muiliug
<br /> it by first class m�il unl��s upplicable law requlres use of another method.The notice shal!be dimctei!to tho:Psoperty Address �
<br /> �`��;; or any oth�s addnus Borro�ver desigrtsites by rtotice to Lender. Any rtodce to Lender slwll be given by first clas, mai] to
<br /> �-�+-��; Lender's sddrass stattcd herela or any other uddmss Lender designates by notice to Borrower. ,��ny notice pwvided for in ti�is
<br /> Securlty Inswment attuU be deemad to have been given to Borrower or Lender when given iss pmvlded ia Wis paragraph.
<br /> '" !S.Goveminp Lt��v; Severn6ility. This Secudty Instniment shtsll be govem�d by federal Inw and the law of the
<br /> .��i jUfiS(3iCt'tnp irt�smidl tite�tvpc�{7 i51t�8fi�. In ihe ev�nt th�t�y graY�slen or!'!sl�se�!f!l.+L 5���;y(nstmment ot the Nofe
<br /> -_ r�nnftfcta with uppliaibl�ln�v,such conflict shsll not affect other prouisiona of this Security Instrument or the Note whtch c�n be
<br /> IIiven effect wtthout th�oonflicting proviston.To this er�d the prov�sions of thls Sacudty Instiument and the Note are dacictr�l
<br /> to be severable.
<br /> - 16.Borrower's Copy.Bonower shall be�iven one wnfonned oopy of tt�e Note and of this 5ccurlty instrument.
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