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.� _ .,�m+�� r�_"_ ~Mf . .� .--.- .- _ " �� `�'-+ �'.t-. � , -�° ��.-. -. � - � --_� 94;i0i�04 at the optian o[l.endsr, it mort�s�e tnunna cownte (in the�mount �nd foc the poriod tlut l.ender requira) providd by�n inwror�ppcoved bY l�a�apin beo�ma�vailtbte and i�abuined.Borrower stull p�y tluo promiume requirod to m�intain mortp�s insuru�oe in�fteat.oc to provide i lws re�erve. until the requiroment tar mort��u iNUnnoe a�d�in�aoot�dance Mith aRy writte�y�roement bet�een Borrower�nd I.ender or�ppllcable IaN. 9.IOfp001�0t1.l.ender or it��ent rnsY mske ra�oable enuia upon and tnrpectioru ot the Property.I.ender�lull -_ �ive Bonowee native at the tintio of ar prior to�n iruMection specifyinR ra�omble cau�e tor the inepection. 10. Condemation,The proceed�of any�w�rd or ct�im for d�m�Qas,diract Ar conaequentid,in connecttnn Mith � �ny oondem�ution ar other t�lcinQ oi my pct ot the Property.or tor ccmveyance in lieu of condomn�tlon.aro heroby = arJ�ned and ihall be pid to I.ender. - - - In the event ot a toul tikin�at the Property� the prooe«fe�� bc�P�Ited to d►e sume eecurod by thfs Security lnatrumont,whether or not then due,wfth any eYCaee p�id to AorroNer.In the Cvent ot a p�rtitl taktn�ot the Property in which the fair m�rket value ot the Proparty immediately betore the takin�is oqual to or�reater than the amount ot the - - — aums eecured by thls Secucity Inatrumont immediauly bePoro the takin�,unleee Borro�er and Lender otherwise��roe -�"- in Mritin�.the euma securod by thts Security Instrument ehall be reduoed by the amount ot the proceeds multiplied by - "—__--=� the folloNin¢traction:(s) the tc�ul amount ot the eumg eecured immediately be[oro the uki��,divided by (b)the tair ��, - - �° markot value of the I'roperty immediately beforo ttw takin�. My b�lance shall bo pid w Borcower.In the event of a '"`�"'�'`'"�"�" partial ukinQ ot the Property in�hich the tait msrket valuo oi the Property immali�tely beforo the takine is less than � ,� the amount ot the sums exuced immediately beforo the takin�,unless Horrower and Lender otherwise a�ree in writing or unleae appliabie l�w otherMlse provides, the proceeds eiull be applied to the suma securcd by this Socurity �=�--�?"�'� Instrumet►t whether or not tfie sums un then due. k--•- - lt the Property is ab�ndoned by Botrower.or if,atur notix by Lender to Bocrower that the condemnor offers to . '"''�.'"• �= make an award or aettle�cl�im for d�m��, Bormwer fsils to ttispond to Lender within 30 days after the date the ... ; . . ,; .. , �-.. `�•,., .; •. ,. ',�, notice is�iven,Lrnder is authorized to collect and apply tha proceeds.at its option,either to reAtorrtion or repair of the _ r- �.. _ Propecty oc to the sums sxured by this Security Instrument,whether or not then due. Unl�ss Lender and Borrowet otherwise a�roe in writing,any application of procads to princip�l shall not extend or - . postpcme the due dau oi the monthly payments nierred to in p�ra�rapha 1 and 2 or chan�e the amount of such - . p�yments. _ 11. Hocrower Not Released; Forbeannce By Lender Not a Waiver.Eztension of the time for p�yment or = " moditication o[amortization of the sums axuted by this Security Instrument granted by I.ender to any succcssor in � • incerest ot Bocrower sh�ll not opente to rclease the lisbility oi the ori�inal Bonower or Borrower's succes�rs in _ . inunst.l.ender shill not be required to commence ptocoedinPs a�ainst any successor in interest or refuse to extend � � time for pyment or otherwiae modify amortization of the sums axured by this S�curity Instrument by r�ason ot any �_ demand made by the ariYinal Bon-ower or Borrower's succes�ors in intRt�est.Any forbearance by I.ender in e�ercisine _ ,•��_. ..__._,_..— any ri�t��remedy ahall not be a waiver of or preclude the exercise o!any ri�ht or rcmedy. �`: ' 12.Successors�and Assi=ns Bound;Joint and Several Liabiltty;Co-si�nets.'1'he covenanu and agreem�nts � of this Security lnstrument shall bind and benefit the successors and essigns of Lender and Borrower,subject to the provisions ot paragraph 17.Borrower's covrnints and agrcements shal l be joint md several.Any Borrower who co-signs � this Socurity Instrumcnt but d«s not exxute the Note: (a) is co-signing this Security Instrument only to mortgage, _ grant and convey that Borrower's inucest in the Property under the terms of this Security Instrument; (b) is not ` personally obligated to pay the sums secured by this Security Instrume�t;and (c)agrces that l.ender and any other _ Bnrrower may agrec to extend,modity.torbear or make any accommadstions with regard to the terms ot this Securit}• Instrument or th�Note without that Borrower's consent. - �- l3. Lwn Char�as. If the loun secured by this Security Instrument is subject to a law which sets maximum loan '� charges, and that law is finally interpretc�i so that the interest or other loan charges collected or to be collected in �F connection with the loan exceed the permitted limits, then: (a) any such loan charge shaU be reduced by the amount t � .{ ., necessary to reduce the charge to the permitted limit; and (b) any sums already collected from Borcower which � oxceaded permitted limits xill be retunded to Borrower. Lender may choosr to make this retund by reducing the � , principal owed undcr the Note or by making a direct payment to Bormwer.If a rrfund reduces principal,the reduction � will be treated as s partial prepayment without any prepayment charge under the I�ote, • 14. Notices. Any notice to Borrower provided for in this Sccurit�Instrument shall be gi�•en b�•deli��ering it or by� mailing it by first class mail unless applicable law requires use of another method.7'he notice shail be directed to the Property Address or any other address Borrower designatrs by notice to I.ender. �ny notire to[.ender shall be gi�•en by � ' first class mail to l.ender's address stated herein or an��othr.r address l.enJrr�irsignates by notice to Horrower.Any ' . notice provided for in this Security Instrument shall he deemed to have been�i�•rn to Borrower or Ixnder when given . ss pro�•idcd in this paragraph. 15. Gocernin�L�w;Severabitity.This Security Instrument shall be go��erned by federal law and thr law• of the . jurisdiction in which the Property is located.In the e�•ent that an�•provision or clause of this Sc�:urit�•Instrument or the . ' � Note conflicts with applicable law, such conflict shall not affee:tother pro�•isions of this Se�:urity�Inscn�ment or the�iotc - � whieh can be git'en effect without thr conflieting pm�•ision. 1'o this end the pro�•isions of this Security Instrument and ° � the Note are declated to be severable. � • � � _ J Fw� aozs ei�o . ��IOtOSl01 Oq�4 e�6 Illltl�lt: . . � , . � * , � '. " �---_'—.. . . e_-._• �..--- - a . � ' . � _ . 1 _ �_