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<br /> `-'������j� pAyments muy no langer be rcquiecd. at tho aption of l,cnder,if mortgage insuranca coverogtl(U�the umuunt mid for thc perlod I
<br /> -- _ __ thut[.ecidcr ccquires)provldcd by an insurer apprnved by l.endcr again becomes avuilublc and la abtained. Boerowcr shnll pay
<br /> " -��— tho premiums requirrd ta maintain mongago insurnnec in effcct.or to provtde n ioss oe.tiewc.until the mquircment for n�ortgag� ;
<br /> in�surance ends in uacqrdunce�v[th sny wriuen egreement between B�rruwer and Lender or sppltcablo law.
<br /> _ 9.InApectlon.Lender or ius agent muy make reasonable entdes upon amd inspectfons of tho Property. l.endcr �hail give
<br /> - Borrower notice at tha time of or prior to an inspect{on specifying tet�.sonable cause for the inspection.
<br /> � -- -- 10. Condemnatlon. Tho proceeds af any awarc!or cluim for damages, direct or consequential. In connection wlth uny
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<br /> condemnation or ather tuking of any part of thc Propetty,or for conveyance in IIeu of oortdemnatfon.are hereby uesigned and °
<br /> � shall br puid to Lendcr.
<br /> In tha event aF e totat taking of the Ptoperty,the pmcecds shall ba applied to the sums secumd by this Security Instrument.
<br /> � whethcr or not then due, with any excess paid to Borrower. In the event of a partiel taking of the Property in which the fair
<br /> market value af the Pmperty immedtatety before the takins is ec�ual to or greater than the amaunt of the sums secured by this
<br /> ' Secudty Instrument immediately before the taking. unless Borrower and Lender othecwlse agree in wdting,the sums secured by
<br /> this Security Instntment shall be reduced by the amount of the proceeds multiplied by t�e following fraction: (a) the total
<br /> � atnount of'the sums secured Immedfutely.before the taking.divided by (b)the fair market value of the Propetty immediately
<br /> before the taking. Any balance shell be pald to Borrower. In the event of a partiel takin�of the Property in which the fsir
<br /> �+��� market vulue of the Pro rt lmmediatel befora the takin Is less than the amount of the sums secui+ed immediutel before the
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<br /> „����`s�c taking, unless Horcower and I.ender otherwlse agree in wrltins or unless applicable law otherwise provides, the prucceds shal!
<br /> ;►,�,1 be applied to the sums secured by thia Security Inatrument whether or not the sums are then due.
<br /> "`�'=�---=_ ;- ' If the Property is abandoned by &►rrower,or if,afte�nottce by Lender to 9orrower that the ccmdemnor offerx to make an
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<br /> ;�,.:- -------:,, awwJ u� �cUlo a clniui fui J+utiu�ra. Bviti,wci fdlla IU lp�n,.�J �� Lcudc� wiQ�i��:r3 u rya uftc� tl�e datc th:.noiicC is givCn. -- -
<br /> , � � • • Lender is authorlud to collect and apply the pmceeds.at its option,either to restoration or repair uf the Property or to the sums
<br /> secured by this Security Instrument,whether or not then due. �=-`__.._....
<br /> ' •� ' ' � Unlcss L.ender und Hc�nower otherwlse agree in writing. any application of pracceds to principal shall not extend or �
<br /> � „ postpone the due date of the monthly payments referred to in paragraphs 1 and 2 or change the amount of such payments. �-
<br /> ' ,,. ' I1.Borrower Not Released;Forbeara�ce By Le�tder Not a Walver.Extenslon of the tlme for payment or madificatton _
<br /> � of amortization of the sums secured by this Security Instrument granted by Lender to any successor in interest of Borrower shal! f "
<br /> � • not opernte to relNase the liability of the odginal Borcawer or Horrower's successors in interest. I.ender shall not be requtred to ��.,��,��T`n'
<br /> • commence r o ceedtn gs a�ainst un y successor i n i n ter es t or re fuse to ex ten d t ime for a men t o r o t h e r w is e modlf y amortization "a'"'""`
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<br /> .. � ' , � of the sums secured by this Security I�strument by rea.eon of any demand made by the or�ginal Borrower ar Borrower's �-�-
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<br /> ' __ successors in interest. Any forbeamnce by Lender in exercising any ri�ht or remed,v shall not be a waiver of or preclude the •.. ��Y
<br /> exercise of any rlght or Femedy. '�'.=-:.
<br /> . :' •� 12. Successnrs a�id Assigns Bound=Joint and Several Liablllty; Co-slgners. The cavenunts and asreements of this ��=
<br /> _ Security Instrument shaU bind nnd benefit the successun and ussi�ns of l.ender and Borrower, subject to the provisions of ',�;;;,;.`
<br /> � ', paragrnph 17. Borrower's covenants and Agreements tihall be joint und several. Any Bonower who co-signs this Security %":�t�
<br /> Instrument but does nnt execute the Note: (u) ls co-signing this Security lnstrument only ta mortgase, grant and convey that
<br /> Bc�rrower's interest in the Pmperty under tlic tcrms of this Security lntitrument;(b)is not penonally obligated to pay the sums '�'�::<<,:
<br /> •� secured by this Security Instrument: und (c>ugmcs thut Lender and any other Borroaer muy agree to extend,modify, farbeur or � :,''•:.
<br /> make uny accommodattons with regard tc�the tcm�s of this Security ln�trument or the Nc+te without that Barrower's consent. � ,
<br /> 13. Lonn Char�es. If the laun se�ured by thi.Security Instrument is tiubject to a luw which sets maxlmum loan churges. . .
<br /> and thut law ir finuUy interpreted w thut the interc�t or inhcr loan ch�rges collected ar to be roltected in connection with the
<br /> laun excced the permittMi limits, then:(u)uny �uch loan rhargr,halt hc n�duced by the umount necessury tn rcduce the chur�e
<br /> to the permiu�Kl liuiit; und(b►uny aum+ ulreudy coUc�tcd fn�m Rnrrawcr which exceeded pern3itted limits will be refunded to
<br /> � • Bnrrowcr. Lcndcr nwy rh��c�sc to makc thi, rcfund hy rcduring thc principul owcd undcr thc Notc or by mukin� n direct ,
<br /> puyment to Borri�wer. lf u refund reJucc+ principal, thr reducti�►n will be treated u. u purtial prepuyment withuut any � �
<br /> ' prepaynunt chargc undcr thc:�citr.
<br /> ,�, • 14.Nntire.c.Any notirr to &�rrowcr pravidrd tiir in this Srrurity Instrurncnt sliall bc given by delivering it or hy muiting
<br /> it hy fir,t rlu»tuaiil ut�lr��uppiicubic luw�cyuiir, u>c uf unuther mrlh�xl. Thc nutice ahall he directed to the Prupe�rty A�ldre.,
<br /> ur am• athrr udJrc�+ Borrowc� dc+i�nutc+ hy natirc tu I.endrr. Any nuticc to Lcndcr tihidl hc givcn by firtit clati+ muil to
<br /> Lrnder'.udJre�+stuted herein or any uther adJretiti Lendrr dc.ignute.hy nutice tci Bexrnwrr. Any notice pri�vided for in this
<br /> Seruriry ln.trununt shall bc dcennd to haec hcen giv�n to Burruwcr ur[.rnJrr��hrn c i�•en u,pruvided in this purugraph.
<br /> 15.Governin}; I.a��•: tie��erubility. Tl�i� Scrurity In.trwiknt shall b� g�ivcrncd hy fcdcrul luw und thc law �if the
<br /> • jurisdiction in which thc Pra�nrty iti lorutcd. In thc r�•ent that att� pruvi�iun ur clau.rr of thi� Scrurity Intitrwncnt or thr Note
<br /> -� rontlirt.with applirahlc luw.�udi conllict�liall mit aftcrt utlicr pruri.i��m nl tl�i.S�rurity in.trumrnt or thc Nute whirh run bc
<br /> givcn cftcct ���ithaut thr runtlirting provi>iun. T��thi.rnd thr pro��i.iun�ut'thi�ti�turitJ Itntrumcnt and thc N�+tc urr declured �
<br /> to hc+rveruhlc.
<br /> 16.Borroacr's Cop��. Ii��nu��cr�hall hr givrn�mr«�nfirrmed rup� i,l thr N�ur :uid��I'thi,tirrurity lmtrununt.
<br /> ' form 3028 9190
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