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<br /> P�Y��nq�y�n Ic�n�er be nqulrod,�t Ihe optloe of Lendar.il mortQ�e Inwranoe oaver�e(i���e�mouat aad tor the petiod .
<br /> thrt Lon�kr requina)i�ern'ided 6y�n Inwror approved by Lei�x y�fn beoana�vdlabb�ud i�abtalned.Horrow�er�6d1 pq►
<br /> ths premfunu roquirod w mMfnt�ln moet�e iraura�oo in etY'ect�ur w puvkb�las t�ve.wNil tbe requiranait tor�no�yw
<br /> iaa�nr�oe end�in wcoard�u�ce with�ny wrinen�r+eaneiu betwean 8orrower and lander or�pplic�bta I�w.
<br /> 9. Iwpeclba. i�e�der or its a�au may m�ke rcawiwble entda upan�nd in�pection�af Ihe Property. La�da vWl�ive
<br /> 8orrower natioc�t tho�imo aPor prior la an impoqian cpocifyin�re�conablo cwse for the in�pectlon.
<br /> !0. Caadaaa�llos. 71io pnoceetls af Nny Aw�td or clsim for danu�ca.dlroct ar oonsequentW.in oaru�ectan wl�h a�►
<br /> oonctemnatinn�r�thcr Uklns of eny peA af t6e Property.ur for�nnvay�noe in lieu of oondamution,ue hrroby wlgaed�od
<br /> �iull bo paW to Lender.
<br /> ln�ho event�Pa iwal t�kin�of the Pn►perty.tho pmcoais rlwll bc pppliod to thc rums cocurod by thi;Secur�ty Invwment.
<br /> whdhe�or not then due,with any exass pAid to Borrower. ln Ihc cvent of a p�ti�l taking of 1ho Properiy in whic6 tho fiir
<br /> nuricet valuo of tho Ptn�erty imntodiately beParc thc taking ia equal ta or grcater thrn the amaunt of the wma ccarod by U�Is
<br /> Secudty Inctrument immediAtely bcforc the taking.unlcss eorrower and Lender athervvise ngroe in wridn�.�he wm�cavrod by
<br /> Ihis Security I�urumcnt cMAll be reducad by the wncwnt of the prooeeds mu[tipliod by the following fraction: (�) the toW
<br /> wnount af the suma socurod immodiately before the wkio�. dividod by(b)the fair market vdue oi the Prnpaty Immediately
<br /> befo►e the wking. Any balan�e shall bo paid to Bomnwer. In the event of o putjal tnking of the Pro{xrty in which the f�ir
<br /> maricet v�luc of tha Pmperty immediptely before thc Inking ia lcss�hen ihe amount of the sum.s socurcd immedGucly before the
<br /> wking. unless Borrawer and Lender otherwitse agrce in wdting or unless appUcable law otherwi�o provida. thc prooeeds�lull
<br /> be q�plied to the sums securcd by�his Secu�ity Instrument whether or nat ihe sums sue then due.
<br /> s. !f the Property ie abar�doned by Barnower,or if,aRer nolico by L.ender to Borrower�hat 1he condemrar offen to nwice An
<br /> -- ,��:-, awarJ ur eetU�a claim fur dwnages. Borrower fails to respond to LendE� within 30 days aRcr thc datc thc notict is given.
<br /> i,:� Lender is authorixed to collect and apply the praceods.at Its optlon,ellher to restorxdon o�repeir of�he Propeny or w the wms
<br /> savred by thia Securiry Instniment,whelher or not then due.
<br /> n,� Unless l.ender and Borrawer atherwir+e agree in wtiting, any application of pro��eeds w pdncipal shall nM extend or
<br /> •�w postpone 1he duc date of 1he monthly pAyments referrcd to in paregraphs I and 2 or change the wnount of such pryments.
<br /> - _, 11.Borro�er Not Released;Forbearar�ce By l.ender Not a Wafver.Extension of the time for payment or modification
<br /> "o. of amonization of the sums secured by this Secarity Instrument grnnted by[.ender to any successor in interest of Bomower shall
<br /> not operatc to releace thc liebiliry of the original BoRawer ar Burrower's successors in interest. L.ender shal) not bo requirod to
<br /> • `'��� � ` commence proaedings against any successur fi interest or r+efuse to extend time for payment or otherwise modify atnottiTation
<br /> •�..:,• •.;:•.••• of the sutns secured by lhis Secudty Instrument by reason of any demand made by the originai Borrower or Borrower's
<br /> s:�.;'' ` successa�In interest. Any forbearance by L.e�der in exercising any right w remedy shell not be a waiver of or preclude�he
<br /> , ..--�- � r,. ,-� �, exet�cisc of any right ur trmcdy.
<br /> ��:y•;�:�• .- 12. Succes�►rs and Assigas Bound; Joiat and Seveml Ltability; Co-stgners. The rnvenants and agreements of this
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<br /> .x..., .����; ,� , . Security lnr+trument shull bind and benefit the sur��eswn sud ussigns of[.ender and Barrower, subjec� to Urc provisions of
<br /> "'"�'.�:•��� �� �` paragraph 17. Borrower's covenams and agreemenis shull be joint and severnl. Any BoROwer who co-signs �his Security
<br /> �. " : ': >:'•.,. Ins�rument but daes not execute the Note: (:�l is cc��igning this Security instrument only to mortgage, grant and convey �hat
<br /> � ; ; • Borrower's interest in the Property under the tcmu of'this Security InstNment; (b)is not personully obligated to puy the sums
<br /> � ``"���''�`` secured by this Security Instrumenr,und Ic►agme,thut i.ender and uny other Bornower may agree ta e�tend,madify, forbear or
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<br /> muke any nccommadutions with regur+d to the terms of thi�Security Instrument or�he Note without that Bcirrower's consent.
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<br /> , , 13. I.oan Cha�es.If the loun securcd by thi,5ecuriry In+trumem i,subject to u law which sets mnximum laan churges.
<br /> . �� und�hat law is finally imerprcteJ u► thut�he intcresi�ir iqher luun rhargeti collected or to be collected in connection with the
<br /> ,•��y:.• � • ; � .,�� ' '� luan exc�l the pernuitteJ limits, �hen: lal um wch loan churge tihull be reciuced by the umount nc��essary to reduce the chsuge
<br /> , ,�: " ` .` .::,��- :. : .. " �o the permittcd limic:wxi (bl uny�ums alrrady rollerted from B�inow•er which cxcec�kKi pern�ittcd limits will be refundod to
<br /> , �` ' � �� " Bartawer. Lender may chcxne to mAke this refund by r��iucin� the prinripal nw•eJ under the Note ur by muking u direct
<br /> �r ;: �,�F�;'±��a� � ., payment to Borrower. If a rel'und r�educes principxl, the n�iurtian will ln treu�ed ue u pariiul prepayment without any
<br /> �� _�.� bi }' ` �` prepayment chnrge undcr the Note.
<br /> �' , . _ . _—_-- -- 14.tiuli�ab.Auy iwlicc tu B��uuwri pw�id�d for i��thi.S�:urity lntitrumcnt .hall hc giti•cn hc dcli�•cring it ar by mailing
<br /> �; • it by frst clas�muil unlcs� applicahle I•rw reyuirr,u.e of an��thcr nx�hod. Thc n�nirc.hall hc direrted to the Property Address
<br /> - , nr uny othcr �ddre�s &ircoNCr detiignatr� b�� n��iicc ta Lcnder. An�• n�xirc tu l.enJcr .hull bc given by fint cla�ti mail to
<br /> � �• . Lender's nddnesr stat��d hrrein ur any ���her adJrc••l.rnder d��+ignateti hy notir�tu&irro�eer. Any nixi�� pro�•ided for in this
<br /> . • �`;��= �' Securiry Instrument+hull be deemeJ to huve bc�en given�0 8orr�,w�r or LenJcr whcn�tiren a.pravid�tii in ihi,paragrnph,
<br /> �� • 18.Governing l.�W: 5evernbilUy. Thi. Security In�trumrnt tihall lx g�»��m�•J hy fiYlcr.�l IaW� and the law� of�he
<br /> '.� � i. ju�iulicti�m in whirh the Pruperly i. kxuted. In Ihc c��cm thal any pro�i.ion or rlauu i�f thi�Scrurity ln+trumen�or the Note `�
<br /> i. � + .� ,.,.��r,' ' COO�ICIti wllh uppGCAhlc I:tw',such conllic�shall not afl'crt oihcr pruvi>iam uf thi.S�tiurity In.wmrnt��r thr N�H�u�hich�an be .^,-�
<br /> :`� ,''�•r given effcct withnut thc c��nflirting prnvi.i�in. T�►thi. rnd the pr�i�i+i�m.i►f Ihi.�rurit� ln.trumenl umi the Note ure derlsued '•i J.�
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<br /> (''c 16.BorroN•er's Copy. &�m���•er.hall hc Fi�•en unr conli►mi��l�Yip�•ul'the Nutc a�xl ot'thi.Secu��y In,trumcm.
<br /> t �� � � t�'•! Form 3028 9190 E•~
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