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<br /> _ � � � payments may no la�gcr be reyuired,at tho option of Lender.i�mort�age insurance coverage(in the amaunt and for tho period � -
<br /> that J..ender requires)provfded by an insurer appraved by l.ender again becames avaitable and is ahtained. Borrower shall pay _
<br /> .���'" the premiums requircd ta msiatain mortgege insurance in effect.or to pmvide a loss re,�erve,until the requirement for mortgage ----------
<br /> ; y — ln,gurancc cnds in accordance with any written agrcement betwesn Borrower�nd i.ender or upplicable law.
<br /> `�^ 9.Tnspection.Lender or its asent may mske reasoneble entries upon and inspacttona af the Propeny. I.ender ahall give
<br /> '�r� Borrower nodce ut the tima af ur prior to an inspection specifying reasonable cause for the Inspection.
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<br /> 10.Condemuatton.The procecda of any a��uard ar claim for damages. direct or consequentlal. ln cannaction with any
<br /> - '%''"'-�"``� condemnatt�n ur other taking of any pArt of the Property,or for canveyance in lieu of condemnation. ane hereby acsignet! and L_
<br /> °• � ahall be pafd ta I.ender.
<br /> t�`;3��..;.�:���•�'' I�the event of a total takins of the Praperty.the proceeds shall be applIed to the sums secured by this Secudty Instmment. __
<br /> '',;.'�;;�.::.'�•,. :K'c whether or not then due. with any excess pufd to Borrower. In the event of a partial taking of the Property in wh�h the feir
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<br /> : .,�;.,,, � ;. ,,� market valueof the Property immediately befom the taking is equal to or greater than thc a�nount of the sums secured by this _
<br /> ��4j-'�•��' " � Security Instmrnent immediat�ly before the taking,unless Borrower snd Lender otherwIse agree in wdting,the sums secured by
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<br /> . � • ,., this Secudty Insuurnent shall be reduced by the amount of th� proceeds multiplied by the followin� fractton: (a) the total �` _ _
<br /> . � • �• .. •:}� amount of the sums secured immediatcly befom the taking, divided by(b)the fnir market value af the Property imrnediately
<br />�f � ;�; - - ' � befare thc talcing,Any balance shall be paid to Borrowcr. In the event of a partlal taking of the Property in which the fair ��_- --
<br /> � ., f market value of the Property immediatefy beforc the taking Is less than thc amount of the sums secumd lmmedIately before the ��,�.�...�
<br /> ,, �� � takin�.unless Borrower and L,ender otherwlse agree in writing or unless applicable law�therwise provides. the praceeda shall
<br /> � be applied to the surns secured by this Secudry Instrument whether or not the sums are then due. ��:'��-�` �
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<br /> � �. ••' If the Pro n is abendone�b Bonower,or if. after nottce b Lender to Barrower that the condemnor offers to make an
<br /> � ,,,;;'�� "" � � uwa�d u� SCuI pn lain� for dama�es, Bonower falis to respond to L.ender within 3u days aner the date the nocice is givei:. � -- -__-
<br /> � ' Lender is authorized to collect and apply the pracceds.at tts option,either to restoration or repair af the Property or to thc sums ,a :R;,----
<br /> � secured by this Securiry Instrument,whether or not then due. ''`,° ---
<br /> '?. Unless Lender end Borrower atherwise asree in wridn�. any application of proceeds to principal shall nat extend or "���__-�=�
<br /> .. � pastpone thedue date of the monthly payments refcrred to in paragraphs I and 2 or change the anount of such paymenu. - .�-'� _�'��'
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<br /> , �• , : 11.Borrower Not Released;Forbearance By I.ender Not e Waiver.Extension of the time far payment or madification ;;'�'::.---�:�:_
<br /> af amonization of the sums secured by this Security Instrument granted by I.ender to any successor in interest of Borrower shall '��
<br /> not operate to release the lisbility af the originul Borrower or Borrower's successors in interest. Lender shall not be required to • �
<br /> commence procecdings against any successor in interest or refuse to extend tima for payment or otherwise madify amonization
<br /> �� of the sums secured by this Security instrument by reASan of uny demand made by the original Borrower ur Borrower's , ''�
<br /> successors in interest. Any forbenrnnce by Lender in exercising any right or remedy shall nat be a waiver of or preclude the �
<br /> : —---- exrrcise or wiy �i�i�t ur-c�ni�y.
<br /> 12.Succescorx and Assigns Bound; Jotnt and Several I.iability: Co-si�ner�. The covenants and ugreements of this � 1
<br /> Security In�rumcnt shall bind und benefit the successors and atisigns of f..cndcr und Borrower, subject to the provisions of ` ,
<br /> pura�rnph il. Borrower's covenunts and agreement, sha�l be joint and severul. Any Bonow�r whu co-signs this Security .� ;� �s
<br /> Instrument 6ut does nat execute the Note: (a)is co-sibning thi� Security Inctrumeut only to mortgage,grunt and convey that , �,;L �
<br /> �� Barcower's intcrest in the Propeny undcr the tcrms of thiti Sccurity Intitrument;(b)is not personally obligated to pay the sums ,
<br /> � secured by this Securiry [nstrument;and(r)ugmex that Lender und any other Borrower may ugree ta extend, modify, forbear or " ` �
<br /> , . make any accomim>da�ions with regurd to the terms uf this Securiry Instrument or the Note without that Borrower's rnnsent. . ` :°�
<br /> 13.Loan Charges.If the loan secured by this Securiry Instrumenc ix subject to a luw which sets maximum loan charges. ``''''` •
<br /> ' and thnt luw is finaQy intcrpreted su thut dtr intcrctit or othcr loan chargex collccted or to be col(ected in connection with the ° '�,�''.�.`.."�;
<br /> lonn exceed the permitted limitr, then: (u)uny such loan churge�hull be reduced by the umount necetisary to reduce the charge :�:���
<br /> ' „, to the permiued limir and(b)any sum+already cullected frc�m Borruwe�which exceedeci pe:rmitted limits wiU be refunded to � ���''�
<br /> . Borrowcr. Lcndcr rnay choosc to makc this rcfwid by rcduri�ig the prinripal i�wed undcr thr Note or by makin�a direct ,'�'•��
<br /> � . payment to Bormwcr. If a rclLnd reducr. prinripul, thc �.J�.t;.�n wilt 8c trcatcd as a partial prepayment without any "" �
<br /> ' � preprymcnt chargc undcr thc Notr. � "°. � �.
<br /> ' 14.Nottces.Any notirc to Borr<�wcr pro�•id��i tirr in this Sccurity instrumcnt,hull h�given by delivcring it or by mailing
<br /> it by first class mai 1 unle++applicuNle luw reyuirc+u�e��f anothcr meth�xi. The ni�tic��hull be directeci tn the Property Address ' �
<br /> or any nthcr addre»Borrawcr dcsignatr+ by nuticc a� l.endcr. Any n��ucc t�� Lrrxicr tihull hc given by ftr.t clas+mail tc�
<br /> ° Lenei�r'ti ueiJrc.s�tateJ herein ar uny other uddre�� Lendcr Jetiignatc. hy nutice to Burro�ver. Any noticc provided for in this , � - �
<br /> . Security Ins�rumcnt shal l bc decmed to huvc brcn�iven ta Borrciwrr or Lcnder whrn given as pnwiJcd in this parugrnph. '
<br /> 1S.GovernlnR I.u�v; Severebility. Thiti Sccurity Instrument .hall be gcrvcrnrd by fcdrral luw and the l:�w ufthe '
<br /> ' � jurisdirtion in which the Pr<�perty i� I�xutcd. In thc evcnt thut any pr����i.wn ur clau�e uf thi.Sc�urity In�trument or thc Nntc I �
<br /> ' ° cc�nflicts with applicablr law. �urh rontlirt tih�ll nut uft'�ct uthcr pro�•i�ium of thi,Scrurity In.trumrnt cir thc Notr�vhinc�an be
<br /> given cffect wilhnut the cuntlicting provi,iun.To Qti�c�xl thr proci�ium e�f thi,Serurit�• Imtrununt:end the Note are Jeclared
<br /> , to lk,evcrablc.
<br /> l6.Barrnutr'x Capv. Barm��•rr�hall br�!i�•cn�mr runfi�rnnd cup�•�,1'th�Not�and of thi.5ecurity Instrumcn�.
<br /> �� Form 30Z6 8190
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