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<br /> --' puymenta may no longer be roguin�d.at the option of Lcndct,itf mArtAa�o i+nsumaoe covcrage(��7lfiounja�r�d far t�egdod
<br /> -"'°'""� thAt I.ender teqvires)provtded by sn insurer aFproved by Lcrteier��in bPaome.g uv�ilnblc und is obinis�cd. 8orrc�w�r sh�ll pny
<br /> the premiums re�ulced to rnalnwin mort�age insumnce in cffect.or to provldx u l�oss reserve.until thc rcquiremenl for�rtg�ge
<br /> insutnnce ends ia nccont�cc with any wr3tten�rcement bctween Borro�ver and Lender ar applirabls law.
<br /> -- - --- - 9. AQSg�tton. !�endrr�r its uge�u may ma�e rea3onable cntries qpon a�d inspattions of the Property.l.endee�shalt glve
<br /> Barrower natice sit the dme of or prior to un inspxtion Specifyfng ra�sonatde cause for the i�upection.
<br /> �_�����'f:�titW;� 10. Condemnation. The proa:eds of uny mvut+d ar cinim for dumages,direct or wnsequentiul. in oanna:tianwith uny LJ
<br /> ----=—�'°° oandemnatlon or other tnkin�of uny pnrt of the Property.or for oonveyance in lieu of conde�»uatEo��,ara iicrcby abslg�:d sutd
<br /> °��� shall be paid to I.ender.
<br /> _�;����tx�,.,urti�
<br /> �s� In the event af u totul taking of the Property.the pmoeeds shalt be Apptied to the suma secar�ed by this Secu ty nstrumen.
<br /> __�- whed�er or not then due. with any exoess paid to Bomower.In the event af a parttal ts�kkir�g of the Prop�rty in which the fair �
<br /> �,�:N��.;
<br /> ._..,. ��,��Y,' market vatue of the Property immedlately before the taking is equsil to or greater than the amaunt of the sums secured �y tf�s —
<br /> �;`:ry�:°:s':�s,''-; Secudty Instn�ment immediately before the taking.unless Bomower and Lender wherwise agree in wdcing,the sums s�cured by
<br /> -•'��'�""-����•°. this Security Instnurtent shail be reduced by the amount af the pmoeeds multiplied by the following fraction: ta)the toiul -_
<br /> • u�rtount of she sums secured immediately before the taldng,divide�by (b)the fair market valuo of tho 8�uperty immediately
<br /> ur
<br /> ' Ireffo�:eQte e�cin�.Psmy(�alsnce shall be paid to Borrower.In �he event of a�rattial tukln�of the �ra�er¢q xn wltich the fair
<br /> marlcet value of�&e[Pmp�rty immediately befare the taking is less CP�aie¢he auttaatnt of the setms secu.recD iurs�aed�ateRg De�'Are the
<br /> tahing.an!¢ss Bflrro�ner aml ILea�er otheiwise agree in wribn�or un�ess a�►pticable lavr o¢&ernns��rmv�des,ttee pr�nce�s s�ll
<br /> "��'�������•�'�����+i;,;; be applied to the sum�s secured by ahis 5ecurity Instnuttent whett�er�r aac the sums are tE�en d�ce.
<br /> • .' .. If the Prnpeny os a�zrtdaned by 8orrower,or if.ataer noAice Q�y Mndee to Borrower tQrat tRce aDadem¢�or offers W�ake an
<br /> . � " award or settic a cld,im ff�r damages, Borrower fails ta� respmmd to Lrznder wi¢hin 30 days aftrar the�ate ¢iie rtot[ce is given,
<br /> , L.ea�er is authorized to rn11ecY an�apply the proceeds,at its o�nn4ion,eitteer to restoration or repaev of ths PnApeRy or to t�ee sums
<br /> secured by this Secuffity Instrume�st,whether or not then due. �?'°=
<br /> U�less Lender and Borrower othenvise agree in writing,any application of ptnceeds to princi�pal shall not exQend or
<br /> , � postpone the due dat�of the manthly payments�+efemed to in paragraphs 1 and 2 or change the arnount a�ff saech paycnenis- _
<br /> ' 11.Borro�rer tic�4 Reieased;Forbearance By Lender Noi a Waives.�xtension of the tirne far paymient or modification
<br /> of amortixation of the sums secured by this Security Instrurnent granced by Lender to any succes.sot in inienest of Borrower shall --
<br /> , A, not operate to release the liability of the original BormWer ar ffiornower's su�ors in interest. Lender shall not be rcquired to _
<br /> - `; rnmmence proceedings agains!any successor in interest or refnase C�►eatend time for payment or otherwise modify a�r�i�ation —
<br /> �` of the sums secured by this Security Instrument by ceason of any demand made by the original Borec�wer or Borrower's —
<br /> .,
<br /> _ � __•, successors in interest.A�y forbearance by I.ender in exenising any right or remedy shal0 not be a x�ai����of or praclude e
<br /> exercise of any right or remaciy.
<br /> _ .,Y;''i .
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<br /> , :ltk. 12. Successors and Assigms kiound;Joint and Severzn��.bability; Co-signers. 'ff�e cYa�enants an�i agreemems ef this
<br /> Secu�ty Instrument shall birtd and benefit the successors an�,!assigns of L.ender and Bmarower,subject to the provisions of
<br /> . paragraph 17. Borrower's covenants and agreements shall tse jmnnt and several. Any Borrower who ccrsigns this Security
<br /> � ` Instrument but doea• not execute the Note: (a) is rn-signing tfiis S�cuairy �ns2cument only to mortgage,�tant and canvey that ;'
<br /> • Borrou¢r's intem.wt un the Property under the terms of this Secu�i¢y Instmnknt; (b)is not personally oblicated to pay the sums �r;
<br /> secu��h. this Securiry Instrument:und(c)agrees that Lendeff and any other Borrower may agree to extend,modify,taabear or �`
<br /> rr�ake any accommodations with rega:3 to the terms of this Seca�rity Instrument or the Nore without that Bornower's consent.
<br /> 13.Loan Charges.If the loan secur+ed by this Security In�trument is subject to a law which sets mnximum loan charges,
<br /> and that law is finally interpreted so that the in:rrest or other loan charges collected or to be coliected in connection with the "
<br /> loan exceed the perrnitted limits, then: (3)anp ,u�h loan charge shall be reduced by the arnount necessary to reduce the charge
<br /> to the pettnitted limit:and(b)am} suens already collected Gom Horrower which exceeded permitted limits will be refunded to �
<br /> �`'��' Barrower. L.ender may choose tc� ma&e this refund by reducing the principal owed under the Note or by making a direct
<br /> ,.;��.;,;•:
<br /> payment to Borrower. If a refund reduces principal, the reduction will be treated us a partial prepayment v�ith�out any .
<br /> prepayment charge under the Note.
<br /> � 14.Notices.Anc notice to Borrowe�pmvided fi�r in this Security lntier�imrnt shall be given hy delivering it mr by mailing
<br /> it by fir�t rla�s mait unle�+applirable la�v reyuires u�c uf another methc�d. The notice shaDt he dirertec� to the Progen} Address
<br /> or ao�� other addres,&�rrower designate. by notirr to Lcnder. Any notice te� L.ender �hall bc �iven b�•first cla� maii to '
<br /> , Lende�s addres��tated herein or any uther addre.. Ixnder de+ignates hy nntice to&�rn�a•er. .4n} notice pevvideci f��r in this
<br /> � Security Inytrument ,hall l�deemai to ha�r been gi�•en ai&�rr��w�r or l.ender when givcn a>p�'o�•ided in this paragraph. _ --
<br />,_ �e,t:..yo.�.+i�� I ON'• Rpc�e�.hilit�. Thi. Gr��ritv In�trum�•nt tihall hr eov�rnecl hy t�dr�al ]aw and the law of thC
<br /> ..•t�:'.:•; juricdiction in w�hich the Pn�perty is I�xatc�i. in the e:ent thst any pru�i�ion eir rlauu of shi. Szcuriey Instrument ur the Note
<br /> , �,�;�.;,' conhtira:a•ith applicsblc 1aw, .iw::cnnQirt�hall nut affert rnhcr pra��itiiuns of thi.Scru�f*.ti in>tJUment or the Note which can be
<br /> � gi�en etfect w•ithout th�cunt2i�t:;� provitiion. Tu thi,end th<pru�•i+ium uf thi,Srrunn 6n.srunknt and the Note are dc�clared
<br /> ,'•r4.:�'. •
<br /> '�','• tu be se��erable.
<br /> 16.Borro��er's Cop�. Burr��wer�hall hc ci�en��nc conti�mirJ rc�p� ��f thr:Jutr:�rn1 of thi>S�curiq Instrument.
<br /> ;r;•,!. Form 3D28 �rso � ,
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