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<br /> p+�ymGnt�ma►y no ton�er be. uirod��t r�i �e inaura�sca covrr� (tn th�emount tar thc
<br /> -- that l.e�xler requires)pmvided by an iiuur�r ppprovad by L.erni�r agat��boc��mes availnbla ared is obt�lix�d.&�rrawer ahxll pRy
<br />''� "" tlifl pre:niums cequjrc�J tu maintain nt�rtgage insuPa�tca In cffc�t,oe to p�avide n loss reservc,untr!tPie rctiuire��t�nt i��r rcxtirtp�r� _
<br /> insurnsic�ends in acxorQance wltb any wtitten ugrtemt,mt betwan Barruwcr and I.encler�r appllrablc law.
<br /> 9.InspecNon.T.ender or its agent may n�atce repaonab�e ente�upon ond ieiapecdons of ttie Qroperty. Lender�htll �ivw
<br /> 8armwer nottce at ehe timo of or pr[ur to en lnspocdon egscit�ing re�sonablo cnuse for the inspectfon.
<br /> 10.Condemnatlon. 1'ho procada of auy aw�rd or cUlm for drmtgaf,dlresr or coneeqtia►titl,in oonnection with uty
<br /> _ _ _�,_._ ____ —
<br /> condemnation or othar taldng of any pan of tho t�roperty,or for connyartco in Nau af condemnatian,ne+e hanby asafgned u�d
<br /> - --- ---— —' shaU be pa[d to Lender. �-
<br /> Ia thc event of a wtal taldng of the Property.the praceeda shall be epplied to che aums aecarcd by thls Socurtty In�uumait.
<br />_��� whethw or aot then due.with a�ry exces�pa(d to Bono�ver. In tho evant of e partlal taking of the Property in which tho fiir
<br /> _ markct value of th�Property immediately befom thc teking is equul to m grcater than the unount of the sums saut�ed by this
<br />_� Securlty Inswment immodintely befora the taktng.unless Borrower aad Lender otherwlso a8ra in wrIting.the aum�securod by
<br /> `��- thie 3ecurity Instn�ment shail be rednced by tht entount of the procads mWtipiied by the fopowing fraction: (a)the tdel
<br /> - amount of We sums seru�+cd immediately before We tatcing,divided by(b)the fair market v�lue of tho Property irrunodiatety
<br />_�.; befom the wking. Aay balance shall be paid w Bormwer. In the avent of a partiat Wicing oP thc Property In which tha fair
<br /> �� market value of tha Property imaiediately before the wking is less than the arnount of t6e sums sxund immedtauly bcfere tita
<br />-• taking,unless Bomnwer end Geader at�erwise agre8 in wrlting or wilesa applicable law othenvlse providcs.the prooeeda shaU
<br /> be appliod to the sums secured hy this Saurity Insmimeat whether or aoi tha surns are then Que.
<br />- If tbe Property is abandoncd by Boirower.or if,after aotice by Lender to Borrower thot th�mudemnor off.era to make an
<br /> - awand ar seule a claim for damages, Iiomnwer fails w respo�to Leader wIt6ia 30 duys aRei the date the noticx is given. �__.
<br /> � L�euder ia suihorized to oollect end apply the pmcecds,st ita option,either to restoiatlon or repair of the Propeny or to the atuns
<br /> � sscu�ed by diia Sa.vrity Instrument,whet6er or not then due.
<br /> e
<br /> " Unless Lender and Horrower othenrise agreE iA wrlting. any applicatlon of pmoaeds to prIadpal shaU noi extend or
<br /> r' ; postEwne the due dau of the moathly p�yme�uta c+efemed to in parngraphs 1 and 2 or change the amouat of such payments.
<br /> 11.�amsuwer Not Relcased;For�cur.�nce By Lender Not a Waiver.Bxtension of the tlme for payraent or mo�i�icntton
<br />- af amortization of the sums secuted by tLis Security Insiruffient granted by Leader to any suocessar in lntere.vt af Borrower sheU
<br /> ;i�" �ot operate to release the liability of thc or�ginal Horcower or Borrower's suocessa�in Imerest. Lender sh�ll atat be requited to
<br /> �`'�' commence pmceediags against eny suc�essor in laterest ar reflue w extend time far payment or otheraise modify amorti�adon
<br />_ tYI�,�:� of the sums secured by this Securiry Inst=ument by reason of any demand made by the original Borrower or Borrower'�
<br />- . � ,,�•; succes.gors in interest. Any forbearance by Lender in exercising any right or remedy shall not be a waiver of or preclude the
<br /> ���k
<br /> 't�:�', k�{.::�,} , cxef+cise of an9 ry;ht or r�msdy.
<br /> �ti`��,: ;�;,, .: 12. Sacre.ssors au8 Asslgns Boundi Joiat artd Severat Llabflity; Co-signers. The ooveaanu and agreements of this
<br /> ' i;r��»?, Security Insuument shali bind and benefit the successors and assigns of Lender aad Borrower,subJect to tho provisions of
<br /> = ''��;.�'�'��`�ti�%"� paiagraph 17. Borrower's covenants and agreements shell be joint and several. My Borrower who co-signs this Serauity
<br /> " �'�' f'�,�� Insnument but does not execute the Nou: (a)is co-sl ain this Securl Instrument onl w mort e, gra►u.aad conve that
<br /> ,�:'.�;���,�,,; � S tY Y 8a8 Y
<br /> �`'��'�� '" �'�Y'� Homower's Interest in the Property under the term.g of this Security Inshument;(b)is not petxonally obligatod to pay the sum� �__
<br /> :yr�`�,�.±���'�:�'^�r socured by this Secudty Insaument;artd(c) agnees that Lender end any other Borrower may agce�to eatend,tttvdity�forbeur or -���-
<br /> = ''"`� '� make any e000mmodations with regard to the terma of this Sxurity Instrument or the Note wtthout that Borrower's oonsent.
<br /> � h"'�2'� 13.Loan Chaeges.If the loan�ecured by thia SecurIty Instrument is subject to n luw whtch aets maxitnvm loan charges.
<br /> .�..
<br /> �• f�.#�� omd that law ts Rnally interpreted so that the interest ar ather loan charges coll�or to be collected in oonnection with the
<br /> ' � `'- �{ } laan excetd the permitted limita. then: (e)any such loan charge shall be reduc�d by the amount �:es.gary to reduoe tho charge
<br /> � ',I.''��N1�J�..�'.
<br /> •t • �� �rw to the permitted limlt; and(b)any sums dreAdy coliected from Borrower whIch exceedod permittod limiss will ba refunded to
<br /> 's s�-��h� Borrower. Lender may choose to mako thia refund by reducing the pdnctpal owed under the Nou or by making a dircet �
<br /> �+� ���!^�°"���' payment to Borrower. If a rcfund reduces prlrtcipal, the reduction wilt be treatod as a partiel prepay�ent without any --
<br /> lhrY. -+�. ---
<br /> ''?.4�.�-. .• pr+epnyment charga under the Note.
<br /> ���`�` `"�'�`'� � 14.Natices.An nouce to�orrower mvlded for In thls Securi Instmment shall be rven b delivedn it or b 6_�
<br /> . ,-�i�:• , . Y P �S+ B Y 8 Y�6 -_.
<br /> ti,�"'� � It by first class mail unless applicable!aw re,quires use of another methad. The notIce shall be directed to the Property Address ----
<br /> :;'•.,,;,,;;,,.,.,,. �. or any other address Borrower designates by notice to Lender. Aay notIce to Lender shell be given by first class msil to ��'-
<br /> • •�:
<br />_ "''''` ,`,._;„ Lender's address stated henein or any atl�er address L.ender designates by notice to Borrower. Any nottcae providad for in this
<br /> =� ��1 Securlty Instrument shall be deemed to have been given to Borrower or Lender when given as provided in this paregcaph.
<br /> �. .4L.
<br /> � ���4' � I5.Governtng Law; Severribility.This Security Instniment shall be governe� by federal law and the taw of the
<br /> ;.;�,;; �. jurisdlction in which the Property is loatod.In the event that any provision or clause of this Securiry Instruraent or the Note .
<br /> , ,, :� cnnflicts with applicuble law.such con�lict shell not uffect other provisions of this Secudty Instrument or the Note which can be .
<br /> , �,c'.=�,:.-., _: . given effect without the rnnflicdng provision.To this end the provisions of this Sdcurity Instrurnent and the Note are doclared
<br /> to be severable.
<br /> ' � � , 16.Bocrower's Copy.Borrower shall be given one conformed copy of the Note and of this Secudty Instrument.
<br /> " iotm 3028 8180
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