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�e� . / .��.'' rr� ..—� - � . -- ---- -- -- -- -- - --- � ------�---� �4- 10 ` ' 9 pRyrtiani m�y no laa�er be roquired. �t the opion ot Lendef,if mort�+�e ic�una�ce ooveraQe(in the�mount�nd(or�he perlod tMt lwnder requim)Prm'�ded bY�n 1�ro��PM'o��bY��r�in boc+ome�avdlabk and b oblsined. Bamwer rh�ll P�Y the p�eadyaa�requirod ta nrlatain nwrt�a�e inuraooe in P�Mbct.or w provido a lou�erve,weW t6e roquirorm��t tar mo�t�qe iawnnoe ehds in aocoid�ncx with my we�nen qroema�t betw�ea�Horrower aad Lader or�pplic�ble law. !. I�etioN.l�der or iq u�eM rrny mm�ke raaon�ble aKrie�upon�nd inpections of the Prope»y. Ladtr�iuill�tve Borrowet notke at tGe Nme of or prlor w an irupection specifyin�tr,�wmble cwse for tho irupaxlon. 1�.�. 'I�e prooeed� of any awud a cWm for dartu�a,dirxt or oomequendal, in cnnnectlon with any -- mrxlemnatfon or other WdnII of aay p.vt of the Propecty,or far wnvsyance Ia IIw of condercwation.are heceby essi�ned srd riull be p�id to II.ader. In the event ot t tut�l takit�g of the Property,the procood��utl be appliad w the:urn:�ax►red by this Secur�ry Inurument, whetlxr or rat ttiai due,with�tny exce�psid to Bocmwu. In the event of�paitW taking of the Propaty in whidt the fdr m�rlcet v�loe of the Propeny immodia►ely bet'ore the t�ng it oqwl w or grater ti�an the amount of the wms�ocund by thi� Secudty Inswmern immedixtely befon the talcing.unlas Borrower u�d L,ender otherwise agrce in writin�.the wms securad by this Secudty Instnunent shul! lw reduced by the amount of the pmoads mult�plied by the follawing fn�ction: (a)the total unount of the wms eecural irtur�odt�tely beforc the t�k1nQ.divjdod by(b) the fnir m�rket value of the Property irrunedi�tely befo�+e the talcing. Any b�lanoe sl�ll be p�id w Borrower. In the eveat of�putial takIng of the Property in whlch the fiir market value of the Property immediately beforc the uking is less thon tha amount of the sama secured inunodiately befon the taking,unlesc Borrower uxi Lendcr athenvlsc agnc in writing or unless applicable law othenvi�e provides, the pmoeeds:hall be applied to the sumc secured by this Security Instrument whether or not the sums�ra then due. If the Property Is abandoned by Horrower,or if.after notia by i.ender w Borrower tt�at the condemnor offerc to make aa - ' awanl ur settie a cl�im far d�unages. Borrower fstits ta respond to Lender within 30 days after the date the notice is given, . Lend�r is authorized to collect and apply the prcxeeds,at its option.either to restoration or repair of the Properry or to the wme = rrcured by this Security Instrument,whether ar nat then due. Unless Lender Aad Borcower otherwise Agrce in writing. any applicadon of proceads to principal shall not extend or postpone the due dau of the monthly payments rcferrcd to in paragraphs 1 and 2 or change the amount of such p�ymenta. 11.Barrower Not Rdeased;Forbea�ance By Lender Not a Ws�iver. 8xtension of the time for payment or modifiratIon of srmortization of the sums secured by this Security Instrument grantod by Lender to any successor in interest of Bomower shall , not operatc to release the liability of the origiruil Horrower or 13orrower's successors in interest. L.endcr shall nat 6e requircd to commence procoedings against any successor in interest or refuse to extend time for payment or otherwise modify amorti�tion of the sums secured by this Security Instnimcnt by rcason of any demand ma�ie by the original Borrower or Borrower's =- successors in i�terest. Any forbesrance by Lender in exercising any right or remedy shall not be a waiver of or preclude the - „r.�cp ' cxcrcisc of any ri�ht or remedy. J'"' y�.:�-�.� 12. Successore and Assi ns Bound;Joint and Several Liabilit , Co-si �ers. The cavenants and reements of this ��tt��.�:, .... ; g Y' 8 � r,n��•��° Se�urity Instrument shall bind and benefit the successorc and assigns of Lender wid Borrower, subject to the provisions of ;�sr,:,.:.,: ' � paragraph 17. Borrower's covenants nnd �greements shull be joint and several. Any Borrower who co-signs this Security . :`�°:':�::'`'" ' ` Instrument but does not execute the Note:(u)is co-signing this Security Instrument�>nly to mortgage, gnint and convey that '� Borrowcr's interest in the Pruperty uncicr thc tem�s of this Sccurity Instrument: (b)is not peisonally obligated to pay the wms . � secured by this Security Instrumrnt;and(c)agrecs thut Lcndcr and any other Bnrrower may agree to extcnd,modify. fort�ear or _ „ . � make any aecommc�dations with regurd to the termti of this Securiry Instrument or the Nate withuut that Borrower's consent. • 13. I.oan Charges.If the lo•rn secured by thi�Security Imtrument is subject to a luw which sets maximum loan charges, . . - ,.. = ��•- � �-.� arxi that law is�nally interpretrd ui that the intere.t or iuher loan churges coU�rted or to be collected in connectinn with the -':r , � la•rn exceed the permittcYi limits, then: 1�)any,uch loan charge shall be reduced by the amount neceswry to reduee the charge �'F:' � , to the�x:rmitted limit: •rnd (b)any�um� almudy rollerteJ f'r�im &�rrowcr which cxcoedcd permittod limits will be refunded to :.: Bormwcr. I.cnder nwy chcxne to makc thi� rcf'und hy rcduring thc prinripal owed undcr thc Note or by making a direct payment to Bormwer. (f a rM'wui reduceti principul, the reduction will be treutui us a paniul prepayment without any • - prepaymcnt charge under the Note. 14.NoNces. Any nuticc tu &rrrowcr pr�widrJ li�r in thi�Serurity In.trument ,hall he�given ny delivering it or by mailing it by t`irst claes mail unl�ss upplirablr law rcquirc�u�c ut'anuther methaf. The nutice�h;�ll lx dircrtrcl to the Property Address or any other address Borrowcr dc+ignatc�by nutirc to Lcndrr. Any nuticr to I.cndcr ,hall t+c givcn by first cluss muil to • Lender's.�ddress statccl hercin ur any othrr:eJJrr.. l.rndrr Jr+ignatrti hy nutire t��Borrowrr. Any notire provided fnr in this � ' , Security Instrument�hull tk dcemcd tu have hecn givcn tci B��r�c�wcr or l.endcr whcn given us providcd in thix paragraph. . IS.Govcrning I.ae�; tic��cr�bility. Thiti Srcurity In,uumrnt �hatl bc guvrrn��i N� teJcral I�w anJ thc law ofthc • jurixiirti�m in which the Prop�rty is kxut��. In thc rvcnt that any pro��itii��n�ir rlau.c ut'thi.Sccurity Instrument or the Nate ci,nflict.with��r�:iMr law,.u�•h rnntlict.hall n��t:�flcrt othrr pru�•i�ium��I'thi�Sccurity lmtrumrnt or the Notc whirh run he � given eff'ert µ•ithout thc runtlictittg pruvi,inn. To thi�end thr pru�•i.i��n.of thi+Security In.truroent and the Notc are declnred tn bc�rvrrahlr. : - � 16.Bormwcr's Cup�•. Borroa•er�hull h�giv�n�m�c��ttli�rnkJ ropy ul thr �J�itc unJ ot thi.Srcurity Inxtrumcnt. ' Form 30Y8 9190 - - PutP�4�d G , . " .a' , . . - . �. � 4�.A'.:'��-'-:',�__—_____ _'-_—_-' ___ _.--��.��_ ......-_`__� __ . �—_. _ .. . ._. __... _. . . .�.� t- . .. _ '_ ;'_' " _ '_ .-_ -. . . ....- .. . . � ` . i. , • i1 1 �� . � . � � -� . _ . ..�!_ ._ ..._