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<br /> prynxnu may no lonQer be royuiral,�t the option of l,eader,if moR�e inwnnoe wvuaQe(In the anxwnt and far the periad
<br /> th�t Leixier requira)Providod by�n inwcr,�rpproved by Lu�dcr�un bmwma��vail�ble itxi is obtained. Borrawer stult PaY
<br /> — the pratiiw�u roquirod W mai�Nain mon�o inwrance in effect,or ta provide�lo�rescrve,antil the roquirentent for mort�e
<br /> inwnu�Y ends in accord�uue wlth my written a�roement betwan Borrower and I.ender or applicabk law.
<br /> 9.I�pectloa.LenJer ar it��ent rrwy mdcc nearonable entria upon ud inipectionr of the Propnty. l.ender�tWl Qive
<br /> Burrower notice�t the time o(or prfor ta su�InYpectian c{xcifyin�reason�ble c�wse for the incpection.
<br /> 10.Cw�demn�da�. The proceeds of any award or claim for damages, dirxt or catuequential. in connectinn with ony
<br /> — co�xlcm�wtion or cuher takin�of�ury purt of tl�c Propecty,ar for conveyance in lieu af rnndem►wttan.arc he�eby axsi�ned and
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<br /> �twll be paid to I.ender.
<br /> In the cvcnt of u totrl taking of thc Property,the proccods shall be applied to thc sums socured by thia Sccurity Instrument,
<br /> whcthcr c�r rwt then duc,with a�y excess pnid to eormwer. In thc evcnt of a partiul taking of the Property in which the falr
<br /> �—� markct va�ue ai thc Yroperty immcdiately Ixforc the taking is eyual to ar grcatcr than the umount of the wm9 sccurcd by this
<br /> Sccurtty Instrument immediately lxfore the taking. unless Bc�rrower and I.ender otherwise agrec in writin�,the sums sa:urod by
<br /> ihis Sctiurity ln+trument shull be reduced by the amount of the pruccods multipliod by the following fraction: (a> the total
<br /> � --- ' � umount af thc sums secured irtunediately before thc taking. divided by(b) the fuir morket value uf the Pruperty immediately
<br /> before the talcing. Any balance shall be paid to Bormwer. In the event of n partiul taking af the Property in which the fair
<br /> "�� markct valuc of thc Property imnKdiatcly beforc thc tnkins is less than the simmount of the xums stcured immedintcly beforc the
<br /> �'� wking, unle�.c Bonower a�id Lender otherwise ugrex in writing or unless upplicable law othecwise provides. the procxds shell
<br /> .,. . IQy be applied t��the sums secured by this Security instrument whether ar not the sums ure then due,
<br /> - IA9!I If the Propeny is abundaned by Borrowcr,or if,nf'ter naticc by L.cnder ta Borrower thut the condcmnor offcrs to make an
<br /> ' � .�•�-. uwurd or r:etde u ciaim f'ar damages. Borrowcr fails ta respond to Lender within 30 days afler the date the noticc is given.
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<br /> l.ender is authoriz�xl to collcct and•rpply the proceeds,at its option,either to rcstoration or repair of the Property or to the sums
<br /> °`' " ` '.��' �� recurod by this Sccurity Instrument,whcther or nc�t then due.
<br /> '� ' � " Unless Letuier und Borrower otherwi�e aFree in writing, any application of proceeds to principal shall not extend or
<br /> . � •"' Fxistpone the due dutc of the monthly payments referrcd to in paragruphs I and 2 or change the wnount of such payments.
<br /> � I 1.&►rrower Not Released;Forbearnnce By I.ender Not y Waiver.�xtension of the time for paymcnt or maiification
<br /> ot'amortizatian ot the wms secured by this Security Instrument�r�ntcd by Lender to any succesxir in lnterest of Borrower sh�ll
<br /> not operatc to releuse the liahiliry of the c�riginal Burcower or Bo�r��wer's successo►ti in intercst.l.ender shall not be requimd to
<br /> ' cammencc prc�ceedings against uny+ucrctiwr in intere�t or ref'usc tu cxtcnd time for payment or otherwise modify amnrtizntian
<br /> � of thc sumti secured by this Scwrity Instrument hy re•rum of any demanci mude by the ariginul Borrower or Bonower's
<br /> wcretiu�rs in intcrest. Any forbeurance by Lendcr in exerrising any right or renx:ciy shult nix be a waivcr of or preclude the
<br /> _________ _ _ _ _ _ exercise nf unv ri�ht or remecly.
<br /> 12. Successc�rs and A�si�nv Bound;Joint and Several Liability; Co-signers. The covenuntx and agreements of this
<br /> Security In+trument shall biixi and t�enefit the succe+sor. and atisigns nf L.ender and &�rmwer, subject ta the provi�ions of
<br /> parugraph 17. Bor�uwer's covenants and agrecmentr shall he juint s►nd several. Any Bormwcr who co-tiigm this Security
<br /> Instrumcnt hut J�xti not cxccutc thc Notc: Ia1 iti co-signing this Sccurity Inst;unxnt only ta m�ngagc, grant und convcy thut �,._
<br /> � Borrawcr's intrrest in thc Proprny undcr thc trrm�of thi+ Securiry Instrument: lbl is not peru�nally obliga[ed to pay the sums
<br /> �ecured by chi,Security Instru�nent;and(c)ugrce+that Lsnder and uny other Borrower muy a�rec to extend, modify,forbear or
<br /> `. make any uccommi�dationti with regard to the tcrntiti��f this Security InstNment or thc Nute without thut Barreiwer's c<msent. —
<br /> �: 13.Loan Char�es. If thc loan ticcureJ hy thi+Security Imtrwucnt i, .rubjert to u law w•hirh+et�nwximutn loan charges, ��°
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<br /> �':; and thae Iaw iti tin•rlly imcrpretrd.o thut thr imerest or other luun rhar�r�r��IlecteJ or to be c�illecteJ in connection with the �,;
<br /> •� lu•rn cxrccd thr permittcd limit�, thcn: (al any wch lu:m chargc�hall Ix redurcJ hy thr amowu ncccssary tci rcJuce thc chargc �.;.:
<br /> '' f tu thc permittrd limit. and (b)any sunn alrcady rullectcJ fr��m Fiura�wcr u•hich cxccrdcd�xnuittcd limit� will bc refundcd to �.r
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<br /> , Borrowcr. [.cndcr may rh�w�r tu mukr thi. rrfund by rrduring thc prinripal ��wrd unJcr Ihe Nc�tc or t�y making a dircct �:
<br /> payment ta Borrawcr. If a rrCund reduccti prinripal, �hr redurtian will be trcutrd u� a paniul prcpayment without uny
<br /> prcpay�ncnt chcirgc undcr thc N��tr. �"�
<br /> l4.Notic�w. Any nutirc tu Barruw�r pr�wiJrd ti�r in thi�Sc�urity Imtrununt .h.dl h�givcn hy dclivcring it or hy mailing �",�
<br /> it hy fir,t rla,.�uail unlc,.uppliraM� I:nv rcquirc�u,r ol an�,thcr meth��l. Thc nutir�,h:dl he Jirectrd to thr Property Addre.s ��
<br /> ur am ��thcr addre.. &�rr�+��•cr dr�ignatr�h}• nutice tu LcnJrr. Any nutirc t�� Luidrr tihall hr gi�•cu by firtit cla�ti mail u,
<br /> � I.cndrr',aildre,+ �tatcd hrrcin ur any uthcr addre�,I.rnJ�r d«ign:d�y h� nutire tu Burru�vrr.An�• nuticc pn�vidcd t2�r in this ��
<br /> - Sccurity Imtrmncnt,hall hr drrmrJ t��hav�hecn gi�•cn to Burcoarr ur landrr whcn�ivcn a�pru�•idc�l in thi�paragraph.
<br /> I5.(.ovcrnin� I.u��•: ticccrubilih•. Thi� Srcurity Imtrwtttnt ,hall hc �u�•crnrd M• fc�lcral la��• snd thc law of thc �-
<br /> .. jurisdicti��n in �vhirh thc Proprrty i+ I�xatcd. In thc rvrnt that any pru�•i,iun��r rlau,e uf tlii+S�rurit�• Imt rumrnt ur thc Nutc �
<br /> contlict,with applirahlc la��.,urh a�ntlirt,hall n��t aticrt�nhrr pru�•i.iun� uf thi.tirrunt�• In,trum�nt or thr N�ne whinc�an M: _
<br /> girrn rllcct N•ithuut the r�mflirting pru�i.i��n. T�� thi� rixi the prrn itie�n,c�(Qti�ti��urity intitrurnent and thc Notr are derlatreJ
<br /> �• ta Ix sc��crahlr.
<br /> � t6.Sorro��cr'x Copc.Hu�ruurr.hull hr gi�rn unr a�nlimncJ rupr uf tlu Nutc anJ ul thi. S�rurity In�trumcnt.
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<br /> Form 3028 9180
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