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<br /> pwymeots may no lon�er be roquired.at the option of l.ender.if mortga�e incurance covcrAge(in the otnnunt and for the perfod _
<br /> that Lender roquirer>provided by on lncurcr approval by I.etxkr���in bccumes av�ilable iu�d is obtrined. Borrower�Fwll pny
<br /> the premiums nyuicad to malntain man�a�e insurwnce in effect,or to provide a IoQs rcrerve. until the reyuircment for mott��e
<br /> inaunnce er�r in�ccor�nce with�ny written��reement betwoen Borrnwer ud Lender ar applicable law.
<br /> 9. la�pKKloa.Lender or its a{�ent may malce rea�urwble cntries upon ar�d inspoctinns af thc Property. [.c�der rtwll QivC
<br /> - Hormwer rx►tice At thc time of ar prior to su�inspecti�m specifying rew;anable c�use for the inspectiun.
<br /> 10. CotMm�rutlon, The prcxeals af any awrrd ur claim far dwrrwges, diroct nr conuquential, in con�wction with any
<br /> ;=� condemttation ur othcr uJciny of stny part of tht Property,or for convcyancc in li�u of condcmiwtion, arc hcrcby t�csi�{nod and
<br /> ±�;, stwll bc paid to L.eruier. f' `
<br /> - In the event aF a tot�l taking of thc Property,the praceeds shall be applfod to the sums secured by this Securlty Instrument,
<br /> _�---�.---�--,----�°�-- whethcr or not then duc,with any excess paid to Borrowcr. In the event af a partiul taking af thc Property in which the fair
<br /> -_- " --- m•rrket value of thc Property immediately before thc taking is equal to or gre.zter than the w�wunt of the sums sec:urcd by this
<br /> - '""�°"`� Security inst�ument immodiately before the tuking, unless Borrower and I.cnder otherwisc agrce in writing. thc sums secured by
<br /> ---=�__-=--- this Security Instrument shall be rrduced by the amount of the proceeds multiplied by the following fraction: (a) the total
<br /> �--------"'�'� amouni of the xums secured immeciiatcly (xfore the t•rkin�. Jividul by(b)the fair market value of the Property immediately --
<br /> �,,:�'�:ti;��,��';,� before the talcing. Any balance shall be paid to Borrower. In the event of a pactial taking of the Propeny in which the fair
<br /> " � �-,� ,�,y.,`��..•�,� market value of the Property immediatcly bcfore thc taking is less than the amount of the sums secured immediately bcfore the
<br /> __ taking, unless Borrower and L.ender atherwise agree in writing or unless applicable law otherwise provides,the proceeds shall
<br /> — -_�"t.'�:,:. .::i'..�'. be applied to the sums secured by this Security Insttument whether or not the sums are then due.
<br /> .�Pr::'' If the Property is abandoned by Borrower.or if,ufrer notice by l.ender to Borrawer that the condemnor offers to make an
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<br /> � ._•,�;� awArd or settle a clafm for damages, Bonower fails to respand to I.ender within 30 dayc after the date the notice is given.
<br /> - - • - Lender is authorized to collect and apply the praceeds,at its optian,either to restoration or repair of the Property or to the sums �
<br /> • ': sxured by this Securiry Instrument,whether ar not then due. -
<br /> � � Unless Lcnder and Borruwer atherwise agree in writing, any application of procetds to principul shall not extend or
<br /> . postpone the duc datc of the monthly pay►nents refcrred to in purngraphs 1 and 2 or changc the amount of such payments.
<br />, � I1.Borrower Not ReleASed;Forbearance By I.ender Not a Waiver.Extension of the time for payment or modificatian —
<br /> _, , ' of amortization of the sums uxured by thiti Security Instrument granted by Lender to any wccessor tn interest�f Borrower shall
<br /> - not operntc to rele;►sc the liahility of thc original E3orrower or Bormwer's successors in intcrest. L.cndcr zhall not hc rcquircd to �_-�
<br /> commence procer.ciings aguintit uny succetisor i�interest or refuse to extend time for puyment or otherwise nxxliYy amortiwtion
<br /> „ of' the �ums securod by thi+ Security Imtrument by reaum of uny denwnJ n�ade My the original &�rrower or &ttrower'+
<br /> , ,, ., succe+u�r.in intere,t. Any fiirheu�unce by Leruler in excrcitiing uny right or renu:Jy tihull not bc a wuivcr of ur preclude the
<br /> cxercisc of nny right or rcm.,�ly. --
<br /> - -- -- -_- ' t2. tiuccr�an+s�nd A+�iKos liuund:Joint �nd tievcr�l I.i�bUity: Grsigncr!+. 'fhc co��cnunt. urxi ugrcarnnt� ot thtti
<br /> Sccurity Imtrumcnt �hall bi�x! and ixixiit thc �uccc�rur� und u�tiign� of l.�nJcr und &�rn�wcr, �ubjcct tu thc pruvi�iam ��f
<br /> puragr•rph 17. &irr�ia•rr'ti r�wrnunt� unJ agrccmcnt+ �hall ix .iuint and xvcr•rl. Any &�rruwcr whu co-sigm thir Sicu�ity
<br /> Instrument hut dcks nut cx�cutc thc Nut�: la1 i�c��-rigning thiti Sccuriry In.trumcnt only t�� nuutgugc,g�unt unJ comcy thnt -
<br /> &�rrowcr's intcrest in thc Prupcny unJcr thc tcrnr uf thi+Sccuriry In+trunknt:Ib)i�nix�x:rumully obligatca!to puy thc tiums
<br /> t
<br /> ucurcd by this Sc.curiry In.trumcnt;unJ i c►•rgrcc,that [.cnJcr•rnd any othcr Borr<>wcr may ugrcr to extcnJ,m��ify,ti�rbcur or �'�
<br /> �, makc any•rcrommociaticros with rebard to the ternn�if this Srcurity instrument or thc Natc without that Borrower's roment. -
<br /> 13. I.oAn Char(;es.If thc I�an �ecured by thix S�curity Instrument iti sut►jcct to a law which,etx maximum loun charges, �"'
<br /> � �,,'_:
<br /> xJ. und thut law is tinally interpmted u� that the intere+t ur other loun ch•rrgeti coUect��l or to lx collected in amnection with the _
<br /> d,� loun excced the permitteJ limitti, thcn:la)any .urh loan rhargr.hall tx rcJuccd by thc amc�unt neccstiary to rcduce thc churge �_
<br /> •� . to the perniitted limit: arxi (h)any wnu alrcady rullcrtrJ f'rum B��rrowcr which cxccedrJ prrmittcd limits will be rcfunded ta
<br /> �. , Borzower. LenJer m;ry chcx�se tc� make thi+ refunJ by reducing the principal ��wed under thc Notc c�r by making a direct _
<br /> payment to Bnrrawcr. If a refund reJuces prine�pal, thc reJuetiun will bc rreatcd u. u pani•rl prepuymcnt without a�y �-••
<br /> � prepayment churge under thc Note. ��
<br /> l4.Noticec. Any noticc to Borrower provided li�r in thi�Srrurity Instrurnent .hall he given by dclivering it or by mailin� -�.
<br /> it Hy f'trst claxs mail unlcsti applirablc law rcyuirc� ux i�l'anuthcr nuth�xi. Thc rxrticc�h•rll hr directed to the Property Address
<br /> � or any uthcr addre.s Borrowcr dc.ignatrti by nntirc t�� L�nJrr. Any nutirc tu l.r�xlrr +hall hc givrn by tirst ri•rss mail to
<br /> L.cnder's uddre�s statcd Ixrcin or un�•uthrr adJrc�. [.rnJcr dc�ign.uc. hy noticr tu&�rrv�N•rr. Any noticc proviJcd for in thic - -
<br /> Security Instrumetu tihall bc dremed tu have be�cn gi�•en to Borruwcr or Lrndcr whrn givrn ati pruviJed in thiti paragraph.
<br /> I5.Governin� Lax; Severaliillt}. Thi, Srcurity In.crwrnnt tihall hr gnvrrnrJ by tcJrral law anJ thr law of the
<br /> jurisdiction in whirh thc Praperty i� I�xatrd. In thr r�•rnt that any pruvi�ian .�r rlawc ��f thi�Scrurity In,trumcm ur thc N�tc �
<br /> �. confiicts with upplicablr law.�urh rcmlli�t+hall not aticrt nther pruci�ium uf thi+Scrurity Intitrument ur thc Nute which can he
<br /> .�. givcn effect without thc rontlirting provitiion. 'I'u thi.rnd thr pruviyiunti uf thi�Sccurity In.rtrunicnt and thc Note are J��cl3red �
<br /> to be.ever•rble. �
<br /> ;� I6.Bormw�er'+('op�•. Borrc�wcr�hull he giern�mr runtittmrd r��p��ul thr'V�ne an�l��f thi.Securit} Imtrument.
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<br /> Form 3028 9190
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