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<br /> v �� payments may na langer he required.at the aption c►f I..ender,if mortgage insurance covemge(in the umaunt and far tho perind __
<br />�- ..;„�� that Lender requirc.w)provided by un Insurer sppraved by Leader ugctin becames uvuiluble und ia abtuine�i.B��rrawer hhall puy ---��--
<br /> - the prcmiums requitul tu malntuln martgagc insurancc in cffcct.ar to provide s loys reservc.until thc rcquimment for mortgogc _._._.__,.
<br /> �� insurun�e cnda in ucoordonce with any written ogrccmcnt betwecn Barrower und I.ender ar applicuble luw.
<br /> 9. Inspection. L.ender ar it�agcnt may mukc reasonuble rat�ics upon and inspcctinns nf the Pn�perty. I.cudcr ehull give
<br />���y Barraw¢r natice ut the time of or pdar to an i�spectian sp�xitying re�anable cuase for the inxpection. _
<br /> �:��'��. •:=:.�--- 10. Condennattan. '1'hc procccd� uf uny award or cluim far damu�ex, ditect ur cunscquentiut, !n cannectian wlth nny __�;_ -
<br />�! }� candemnadon or othcr taking af any pan of the Property, ar far camcyunco in Ueu nP��undcmnution.ure hetrby uwsigned attd `� Y
<br /> ` - !,h� :; '_,,•,!�� shall bc puld ta I.endcr.
<br /> "�` ����d=•'� In the cvent of n total tal:ing of thc Pmpeny.thc praaeeds shuli be upplicd ta the:+ums serurcd by thts Security Inxtrument. -�--.:.
<br /> , ���.'+"^ '�f�"•�•���± ahether or nut then due, with un excess Aid t�Earrawer. In the event af u nrtiul tnking af the Pro ert in which the fair =-
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<br /> • fi F.:.�'"::Y� :,`° ' markct value of the Pmperty immediately�eforc the tuking is cyuul ta ar grcuter thun thc umount af the suma sccurai by this ,_-__
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<br /> �"�'.�`' '•��'������ Secudt Instrument inuncdiately beforc the takin ,unicss Barrawcr und l.ender�thcrwisc ugrce in writing.thc sums sccurcd by ��rt�.r`�=
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<br /> .�Qy'�±;.�i.' ;'� 'u, ;� this Security Instrument shall be t�iuced by the amuunt of the prcxcedti muldpllcd by the foilowing fmctian: (a) the tatat
<br /> � � `:"',.'"' • arttount of the sums secured immediatety befare thc tukin�,divided by (b)the fair market valuc af the Property immediately �l =--__ -=-_
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<br /> , befom the taking. Any balance shull be paid to Bonower. In the event af u purtiul taking of the Property in which the fair ��.�,;,,�
<br /> � � � ' market value of the Pra rt immediatel before the tukfn is Icss than thc umount of the sums secured immedlotcly befare the �•=:����=�F�
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<br /> ` �eking,ualess Horcower und L.ender otherwisc a�rec in writing or unless appllcable law atherwise provides, the prcxecds ahall t� . .•. '�:.�,t+ `V..
<br /> � � �� �� be applied to the sums securcd by this Securlty Instrument whether or not thc sums ure then due. ��� T `�•••s•.--
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<br /> ' � ° - If thc Property is Abtandaned by Barrower,or if,aftrr notice by I.endcr to&►nnwer thnt thc condemnor offers to mnkc an .: " `r�':.__ __
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<br /> � � award or settle a claim for damases,E3orrower fails to rcspond ta Lender within 30 days after the date the notice is given, `� t'"��,.�
<br /> � �� � I.ender is authorized to collect and upply the praceeds.at its aptfon,elther to restoranon or repuir ot the i'ropeny or ta the sums -`�----_--
<br /> � secured by this Securiry Instrument,whethcr or not then due. � _T:��°�
<br /> ' Unless L.ender and Borrower atherwise ugree in writing, any application of proceeds to principal shall not extend or ---
<br /> • postpane thc due date af the monthly payments refcrn;d tn in parugrnphc I and 2 or chunge the nmount af such payments. . ' ��:�?�:=-.
<br /> • �,�� . ' 11. Borrower Not Released;Forbearance By I.ender Not a Waiver.Extension af the time for payment or modificution <, '
<br /> • � � of amortiution uf the sums secured by this Security Instrument granted by Lcnder to any�uccessar in interest of 8onower shall r `��-
<br /> • �� not operate to releASC the linbility of thc artginul &nrower or Borrower's succesu�rs in interest. L.ender shall not be required to .,,, ��•��'��—
<br /> • mmmence proceedinss against any successor in interest or rcfuse ta extend tlme for payment or otherwise modify amnrtization „�� _
<br /> � � af the sums secured by this Security Instrument by rcason of uny demand made by the arisinul Borrower or Barruwer's °'
<br /> --- successc�r�3n intcr_Kt. Any forh�nrnnce hy I.ender in exercisine uny rieht ar remedy shall not be a wafver of or preclude the _ " _ __ _'
<br /> cxercise of uny�f�ht or remedy. '
<br /> lE. Successors and As.si�ns Bound; J�int and Severul Liab!lity; Cast�ners. The covennnts and a�reements of this .
<br /> ' Security Instrument shall bind and benefit the successors and a�signs of C.ender and Borrower, subject to the prrnisionx of
<br /> paragrnp8 17. Bonower's cavenunts nnd ugreements �hull tx: joint und �everul. Any Borrower who co-signs this Security ��.:�
<br /> , Instrume�t but does not execute the Note: (u) is ca-signing this Security Instcument only to mortgu�e, grant and canvey that ;�� ,
<br /> .• - Borrowei s interest in the Pr�perty unri�r th�trrme nf thi�Seruriry inurument: (bl is not pc:rsonallv obli�atcd to pay the sums _ ��
<br /> s�cured by this Security Instrument:and(c)agrec,that Lender;�nd uny other&�rrowcr muy ugrce to extend, maiify,forbear c�r . � �'�
<br /> � muke any accammodution�with regurJ to the tcrmti of thiti Security Instrument or the Note without thut Borrower's rnn�ent. '%'.
<br /> 13. I,oan Char�es. If the loun securcd by thiti Sccurity Instrunu�u iti wbject to a taw which sets muximum loan charges, °'"'
<br /> md that law is finully intetpreted �o thut the interest or other luun rh:ergr.ci�llecteci ar ta be collectcd in conncrti�m with the � �i �
<br /> . loun excced the pcmiitt�i limit�,then: (�)any tiuch loan charge shatl be rcdured h��the umount nccetisary to reducc the churge ,;'`„� �
<br /> in the permitted limit:und tN)any tiumti alreudy collected fmm B��rrawer which exreeded permitted limitti will be refunJeci to �,.!//:.`-�°-�
<br /> &mower. I.ender muy rhoi»e to make thix refund hy reducing thc prinripul owai undr� the Notc or hy mukin� a direct �i�, .^"�°1
<br /> payment to Bnrruwcr. If a r�fund rrducc, principul, thc rcdu�tiun will hr treutcd ii, a partiul prcpuymcnt without uny '� ,,.
<br /> "°� prepayment chrrge under thc Notc. ° _ �-
<br /> 14. N�ticc+. ?�ny noticc ta�rrawcr prcwidcd tor m thi.�ccunty Imtrumcnt .hrii tx given by dclivcring it or by mailing � - "' �'
<br /> " � it Ny firtit clati+mail unlexs upplicablc luw reyuirc�ure of another mrthod. Thr notice tihall be direrted tc�thr Prupeny Addre�. ��'•,1,��� ^
<br /> nr an� aither uJdres� Hor�owcr dctiignutcti by notirc t�� IAndcr. Any nutirc t�� Lcndrr �hull bc givcn by tir.rt CIBtiti mail to , ' :.s.
<br /> • Lender'.;Kidrexs stuted hercin c�r any othcr addre» Lendcr dr•ignute. hy noti�r tci Bnrra��er. Any nuticc provided ti�r in thi� ,.��
<br /> Serurity lnctrument.hull bc deemed to have heen�ivcn tu Rorrowcr ur I.cndcr whrn giccn u�pr��vid�d in thi�paragruph.
<br /> 15. (�verninR I.ew•; 5everability. Thi, Scrurity In.trumcnt .hall he �:avcrn�Yl My Irdcral law unJ the lu�v ��f thc .
<br /> jurisdKtian in whirh thc Prup�:rty is IoratcJ. In thr rvcnt that un�• pr��vi.iun or rlautir ot thi.Securit} In,trunknt ar thr Natc •
<br /> . cc�ntlict�with appliwblc luw.such cunf7ict�hall rn�t uficct uthcr provi+ium of thi.Suurity In.trumcnt ur ihe Ni�tc whinc�an Mc '
<br /> � given effitt withuut the conflicting provi.ion. To thi�end thr pro�•i.riun.c�f thi.Sccurit�• Imtruttttnt and thc Notr um declared I
<br /> , tn bc uvcrablc. I
<br /> 16. &►rmwer's Copv.Burruwrr.liall hr givcn��nc run�i�nncd rop�•uf thc N�nc�nd��f thi.Scrurity Instrwn�ut. � '
<br /> Form 3028 9190
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