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<br /> WY��"•r no lo�r be nqu+nd,�t thr ap3on of Lw�aor.lr moryaaa u�ur.aoe oova+.s�cfn Une.mowt— ,na�br m.p�rloa
<br /> dMt[.�nd� reqieiiros)Pr'o�'ided bY�n in�r'a'�PPro�'ed b!'�����avdl�ble aad i�o�t�inod.8orrow�r�Wl V�Y
<br /> 1he prepin�n requirwi oo�inl�a a�oeqye�in�(ha,ar a provide R Iw�ro�ava.wKU the nqu6roret 1br morl�e
<br /> iewrooe enda in�cco�dana with�oy writta�a�raenwM batwea►Borrower ard L�endar or�plir+�ble l�w.
<br /> f.la�p�etio�. [Rndet a it�a�eot mry mdce ra�oable aKrle�upon md impectbns of the Propetty. l�nder�U�iw
<br /> gomower rwtice a the tima of�r pdor w an inspaxion specifyfr�nawn�ble cauee for the inspoctbn.
<br /> 10.Coed�as�tbn.The prooeeda of�ny�wud or claim for danw�e,�,dir�ect or oo�uoquentLl.in oonneaion with any
<br /> �--�-�--,= condemnnti�►n or utlxr uking of sny pait of the Prope►ty.or for oonveywoe in lieu of oaidaiu�Mion.+u+e 6aeby+wisned and
<br /> � �ull be pt�id to La�der.
<br /> � In the eveot of a toul talcieg of the PropeRy�the pnxxeds shs��b��PPliad to the wma rea�nd by this Secucity In�uumait,
<br /> � whett�er or not tha�due, wit�any�xass pid W Borrower. In the event of a p�rtial Wcine of the Propeny in wblch the lair
<br /> ; market vulue of the Property immediately before the taici�ig is oqua[to or grcster ti�n the amount of the sums eocurod by thi�
<br /> ' Security Autrumait tmmediAtely before the taking,unless Borrowe�and Lender ott►e:wlse agcce in wrltin�.the wrtu�ecurod by
<br /> th;a Socurity Instrument. shall be raducod by the anaunt of the procads multipfled by the fdlowin� fnrction: (a) the total
<br /> amount of the sums secw'ed inunodiately before the taking, dtvided by tb) the fair muket vdue of the Property irtunedi�tely
<br /> bcfore the taking. My balance shalt be paid to Horrower. In thc event of A parti�l Uking of the Property in which the f�ir
<br /> market value of the Property inunedlately beforo the taking is less than tlu amount of the sums secured irnmodiutly befote tbe
<br /> wicing. unless Borrower and Lender otherwlse agra 1n writing or unless applicable law otherwise pmvida, the proceeds ttWl
<br /> be appliod w the sums sa�►rod by this Security Instrument whcther or not the sums are thcn due.
<br /> - If the Property is abandoned by Borrower,or if,after notice by l.ender to Borrower ttwt the condemnor offers to nuke�n
<br />- - a�vud or settte a claim far d�gc.�s, Bomower fails to respond to LerKkr within 30 days afur the d4te thc notia it given,
<br /> - Lender is authorized to collxt and apply the proceeds,at its olxion,either to rcsroration or tepair of the Property or to the rums
<br /> -i%'•° secured by this Saurity Instrumcnt,whether or not then due.
<br /> :;.�..
<br /> = Unless I.ender and Borrawer otherwise agrec in writing, any application of proceeds to principal shali not exte or
<br /> ��� postpone the due date of the monthly payments referred to in paragraphs 1 and 2 or change the amount of such pxyments.
<br /> � 11.Borrower Not Released;Forbearance By Lender Not u Waiver.Extension of the time for payment or modificatian
<br /> of amortization of ti�e sums secured by this Security Instrument grunted by L.ender to uny successor in interest of Borrower shall
<br /> •• not aperate to release the liability of the oiiginal Borrower or Borrower's successors in interest. I.ender shall not be requircd ta
<br /> � �,.;,� � commence proceedings against any successar in interest or refusc to extend time for payment or otherwise modify amortization
<br /> f,; I of the sums secured by this Security Instrument by rcason of any demand mpde by the original Horrower or Borrower's
<br /> � ' 1 :��'•�':�:ti. •�°�t:� successors in interest. Any forbearance by I.ender in exerciaing any risht or remedy alwll not be a waiver of or pi�ciude the
<br /> _. �•,<:,.• :.�: cxccci:x of�ny rI;ht or remedy.
<br /> ��•�•. � , • . 12. Successors and Assigns Boundz Joint and Severel Liability; Co-signers.The covenants and agreements of this
<br /> '� '� � Security Instrument shall bind and benefit the successors and utixigns of Lender and 8arrower, subject to the provisions of
<br /> .;,,�.�:,.. .-. . paragruph 17. Bormwer's covenunts und agrc�ements shall be joint and st;veral. Any Borrower who co-signs this Security
<br /> ` Instrumcnt but docti not exccutc thc Ni�tc: (u) i+co-tiigning this Scwrity Intitrunxnt unly tu mortsagc. grrnt and convcy that
<br /> , " � �rmwcr'x intcrc�t in tfu Pmp�:ny urxicr thc tcmi���f this Sccurity Instrumcnr, (b)iti not pcnorwily obligatcd to pny the sums
<br /> �� securcd by thi,Securiry Instrum¢nt:a�ul 1r1'r�:rec.th:U [.crnler and any uther B��rrower muy ugree to extend,modify,forbe�r or
<br /> _ � nwkc any arri�mumclutiim.w•itb rc�rrd t��thc t�nn.uf thi�Srrurity Instrumcm or thc N�xc without that Burrower's conscnt.
<br /> -� � " l3. I�►sm Churu�w.If thr 1��•rn`erurrd h}•►hi.Scrurity In�trumrnt i.,uhject ta u lav►•which+etr maximum luan charges,
<br /> �. , atul that law i+ tinally intcrprrtcd ,u that tlic inicr��,t ur othcr lu:m rh�rgc,rullcctcd ��r tci tx rnUcctcd in conncction with thc
<br /> - I��an excred thc pcnnittrJ Iimit.. thrn: �•rl an� ,urh luan rhurpr tihul� ix rcducrd by thc amuunt ncrc��ary to rcduce thc churge
<br /> -�' to the permitted limit:mxf Ih1 any .unn uh.a.l� c��llcrtrJ frum &�rruwrr w•hirh rxrr��leJ permitt�Yl limitr will b�rcfunded to
<br /> &�rrowcr. L.cndcr may rh�x�.c tu makr thi. rclund b� r�during thc prinripal uwcd undcr thc Ncxc ur by maicing a dircct
<br /> . , payment tu Borrower. It' a rcfund reduces princip;tl, the reductiun will Ix tr�ateJ ati a panixl prepayment without any
<br /> prcpayment rhargc undcr thr Nutr.
<br /> • 14. Notire.s.Any notirr a�&�rruw�r pr��ciJrd ti�r in thi.Sccurin• Imtrumrnt�hall br givrn by dclivcring it or by m.tiling
<br /> it by firtit clas�tnail unle,�upplirablr laa� nyuire. uu ut'anuthrr metli�xl. The rn,tirr.h�l l tx dircctcd tu the Property Address
<br /> or any othrr aJdre�. E�irruwcr dc�ignat�� b� nutirc tu LrnJrr. Any n�,tirc tu Lciidcr >nxll lk given hy fint class mail to
<br /> Lender'ti aJdre.+�tated herrin ur any ather a�1Jrc.� l.rnJrr dc.ignatr� h} nutirr tu Bnrrau�rr. Any nutice provided tc�r in this
<br /> • � Security In�trunxnt rl�all Ix Jremrd to havc brro gi�en tu Aarcu�acr ur Lrndrr when gi�•en a.providrd in thi.paragrrph.
<br /> 15. Go�•crnin� Luw�; ticver.�bility. Thi� Serurit} Imtrumcnt �hull Ik goecrned h� tcdrral IaH and thc law of the
<br /> juriulicti�m in ��•hirh thc Pru}xrt}• i� I�katcd. In th�c�•rnt Ihal any pr���i.i�,n ur rlau�c ut tlii+ Security Instrument or the Nate
<br /> • c�mflirt.with applic;ihlC lat�'.�uCh r��N7ict+h:ill nut affrrt uthcr rro�i�i�mti oi thi�S�rurit� In.h•untrnt or thr Nutc whirh�an t�c
<br /> givcn cl'fcct withuut th�ccmflirting pruri.iun. 'Tu Qii,e�x1 thr pri,ri•ion.uf thi. S�rurit� In.trumcnt and thc Notc are dcclarcd
<br /> to bc,evcrahl�.
<br /> � 16. li�rrowcr'ti Cop�. H��rru���rr�hall hc gi�rn unr�un6mnca rup}uf thr :�atr:mJ.�f thi.Sr�urity In.tnimrnt.
<br /> Fam 3028 9190
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