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<br /> -����-;�} �,l� payments may no tonger be requiced.at the aption of Lender.if mnrtgage insurance coverage tin the amount and for the periud _
<br /> -=_="#�•":'..`• rovid�d by pa insQrer approved by Lender again beoomes availabte amd is atst�n�.�ortoaier sball Pa3►
<br /> —_� �.. ...,.� chat Lender requimsl P for mortgage
<br />===,•:;_•',:.�
<br /> � ., , . the pmmi�ms requiied�o maintain mort�age insurfu►ioe in efifect.or to provide a loss reseive,uatil the require�ent
<br /> s i'`; ` ; insuxa�ce ends in accordance vrith any wriuen agreement betcveen Earrovrer and Ixnder or applicafsle law.
<br /> : ` �.. r 9.Inspectiun.Lender or its ageat may make re�asona6le enbries upon and inspestiaas of.the Prop�rty.�.c�er shalt give .
<br /> ; �.
<br /> _� ;�>:�--=� � 8nrruwer rtorice at the time of or pripr to an insQection specifyiag r�asoaable cause for the ins�ction. ' in wnaection with a�r . _ . _ ._._.
<br /> �..��-y�m�'`,�,F t0. Cogdemnatton.The proceeds of any award ar ctaim for damages,dir�xt ar�
<br /> �-��;��:�r:.�-r
<br />. ���� �_, _ �, oondunnation or othertaldng of any pare of the Pragerty,or for conveyance in iieu af mademna�on.are hereby ass!�� '
<br /> ` `-��'�- • ' shaq be paid to i.euder. • .
<br /> '. .�"i, ��- ` In the event of a total takin of the Pmgerty.the praceeds shall be�ppiied to the sums secured t�Y tliis Sec+uit�'Ins�ua�-
<br /> =u:,�X,�.. ::.;, . S m which t�ce feir .�
<br /> �.�.�`�-�� ' whtther or not then due.with any ex�cess paid to Bormwer. In the eveat of�a.partial taking of the Propert}► �
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<br />�'-s:`zs::%ti;,�' 4 market valae of the Progerty immediatety before she taldng is equal to ar gseater than the autonnt of the sams secured by this .
<br /> _-;�'`:-T":,*:Y�'� ge�rity Instniment immediately before the taking,untess Bo�rower and iender otherwise agrze in writing,tfaesums sec�c�dby
<br /> --�. .. o-.$�... ... .
<br /> `_.:�_;� . •�',4• t�i� Security Instrument shall 8e reduced by the amonnt of the praceeds maldplied by the fallozving fractian- (a} the to
<br /> _ -_ e � amonnt of the sums secured immediately 6efore the taking.divid.�by N)the fair mazket value of the PmpertY imm�ha�Y
<br /> �Y �.�_•.� , before the talang- Any 6alance.shall be paid to Borrower. In the event of a partia!taking of the Pro�crtY u►wluch t�.fair
<br /> '��' market value of the Property immediately before the taking is less tham the amnuni of the sums secured;mmell�areiy before the
<br /> - •:;:_:�, ,' • licab z law otheswise des, the Pmze�s shati
<br /> - taYing,uniess Borrower aad Lender ntherwise agree in writing or anless app� 3� P10'n
<br />- . "�� � be aPplied to the sums secured by this Security Instmment wðer or not the snms are then due.
<br /> - - ."' ` � ^ If ct�e propesty is abandoned by Borcower,or if,after notice by Lender w Borrower t6at the conde�mnor offeis to ma�Ce tln
<br />:.,
<br /> ,., ... �
<br />.-=_ .-'^=:.^�;- •-..--.-award.�r_settle.a..claim...for!!?m�es.Borrower fails to respond to I.ender within 3fl days after the ci�:te the notice is given.
<br /> . . �?.� . -�es is autharized to caitect and appiy the piocceds,at�u aguon,etther�a resta�dtitsn-or repair o�the.�mperty or to the sums
<br /> -� 90•�:� sec�ued by this Security Inswmeai.whether or not then dae.
<br /> � '",-�`'� Untess Leader and Borcower othernise agree in writing, any application af pivc°•.eds to priacipal shall nat extend op
<br /> -�-•, .°--_—. • postpone the due date of the monthl enu referred to in hs 1 and 2 or chan e the amaunt of such paymarts.� _ � _
<br /> y�m� � g
<br /> .= . . ;. . " �
<br /> - - 11:Barivner Not Reteased;Forbeuraace BY-1.�der Not a Waiver.Extension oC�he time for p m cnafiScauon
<br />" s..:` ,
<br /> ��
<br /> ' ',`�, of amorti7ation of the sums secured b this Security Instrument granted by Lender to any successor in interest of�orrower shall v
<br /> • . ' "' not operate to retease the liability of the original Borrower or Borrower s successors in interest.I:ender shal!ttot be re�uired to - --
<br /> .��`' • ,' � commence proc�dings against any suocessor in interest ar refuse to extend time for payment ar otherwise madify amottization —
<br /> . of the sums secured by this Security Izutrumeut by reason of any demand made:.by the origiaal Borrower or Hon+ower's
<br /> � . successors in intetest. Any forbearance by l.ender in cxercising any right or rem,edy shall not be a waiver of or preclude the
<br /> . exerci�e of any right or rcmcdy• ' =
<br /> , _. z.:.� ,
<br /> � .•�- .. . 12. Successoes nnd �iss�gtts Bound;.lotnt nnd Scvernl Liability: Co-signers.The odvenan�s and agceements of this _
<br /> = T�-s � . Sccurity Tnstrument shall bpnd anJ benefit the succescor�and astiig�.S of Lender.and Borrower.•aublect to the pmvisiot►s�f �,,-�
<br /> � - � paragraph 17. Bortower's covenants and �grcemetrt� shall be,i��nt and severai. Any Burruwer wha co-+igns this Secudty
<br /> ' Instsument but daes nat eaecate the Nate: (al is c�-signins tl►i�Security Instrument only to mortgagr.6rant and convey that y �--� -.
<br /> � Borro�ver's intcrest in the Property under the terms of this Sccurity Instrument:lbl is not persan:illy obtigated to puy th�sums �`��;;�. _
<br /> :�-`s''::-
<br /> � � � secured by this Security instrument;and(c)agr�s that Lender:u�d any other Boao���er may agree to extend,modify.for�ear or T
<br /> . m�ice any uccommodations�vith regard to the terms of this Security lnstrument or{he Nate without that Borrower's consent. ,.;s�=,��a'/%
<br /> . ' t to a la�v tvhich sets maaimum loan chnrges. `• '16'-�� .J_._
<br /> :�� .• ° 13,Loan Charges.If the toan secured by this Security Instrument�s sub�ec '•. •,rf1; ' �-
<br />��•;TM�" ' �"r�'�` `• and that law is finally interpreted so that the interest or other loan charges collected or to be collected in connettion with the ._* .A
<br /> ,..�.'�;:`-`°"' s y to reduce the c ��::;�:�~- �TM=.
<br /> = ""�' .`�''-� ' toan exoeed the peTmitted limits.then: {a)any uch loan cf�arge shall be redaced b the amount necessary b�
<br /> Y �� to the pemutted limit:and(b)any sums already coltecced irom Borrower which exceeded permitted limits�vill be refunded to -��_
<br /> Boaower. l.ender may choase to m a ke t his m fun d b y r e d u c i n g t h e p r i n c i p al owed under the Note or by making a direcl ••: .���r�r_''
<br /> � � • .. � payment to Borro�ver. If a refund r�duces principal, the reductian �vill be trcated as a partial prepayment wilhout any .
<br /> . :,- r . ��" '-�
<br /> � pr�paym.ent•charge under the Note. ' . ,._
<br /> - ��",,,'_ '' � ' . 14.NotIces.Any notice to Barro�ti•er provided for in this Serurity Instrument shall be given by delivering it or by mailing
<br /> it by fitst class mail unless applicable law requires use of another method.The notice shall be directed to the Prnnerty Address ,
<br /> � � '� � � or any other address Borrower designates by noticc to Lender. Any notice ta LenQer shall be given by first class mail to
<br /> �: � � Lender's address stated herein or any other address Lender designates by notice to Borrower: Any notice provided for in this
<br /> ' _ Security Instrument shall be deemed ta have been given to Borrotiver or Lender whcn given as provided in this paragraph. • . . •
<br /> � - �•� � '�.t 15.GovernIng Law; Sevesability. 'Phis Security Instnunent shall be govemed by fede�al la�v and the law of the ,,
<br /> ��..;,. � � ` ;;�. jurisdiction in which the PropeRy is located. In the event that any provision or clause of this Security Instrument or the Nate _. . .
<br /> � ooaflicts with applicabte[aw,such conflict sha�l not affect other pm�isions of this Security lnstrument ot the Note which can be _
<br /> �•�'�u '' �= � given effert without the conflicting provision.To this end the provisions of this Sewriry Instrument and the Note are declared
<br /> _' •::: 'r: to be severable. � .
<br /> . � .:� ' 16.Borrower's Copy.Borrow�er shall be given one conformed copy of the Note and of this Security instrument.� �
<br /> , � . , .,�.., . Fcrtn 3028 9190 .
<br /> ---� . ' '.'•� PagC 4 018 �
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