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<br /> paymcnts m�y no lut�ger bc requi�ed,:►t the option of lAn�icr,if mortgi�ge insarance covcr.igc(in thc nn�ount and far the�riad _
<br /> that L�rxlcr requices)provided by an insurcr uppeov,:d by Lcndcr ag,iin becnmcti uvailable .md is obtaincd. I3ursuwcr tihall pay —
<br /> the prcmiums rcquircd to maintain mortgagc insurance in cffcct.or to provide a loss rescrve,until Nzc rcquircment far mortgage
<br /> �usuraiice ci�cls i�i accm�Jau�c witli uny tivritten agrement btttveCn Sorrot��Cl'�nd I.c'ndr.r or.ipplicahle I,iw. '�`
<br /> 9.[nspecdon.Lender or its agent may n�:�kc rca.�nable cntries upon and inspections of'thc Pmperty. Lender shal! givc
<br /> Br�rrower notice at tlic time of or prior to an iitspcctic►n specifying reasonablc causc for thc inspectiun.
<br /> 10.Cm►dantts�Uan. The prt�ceeds af any award m• cllim for damages, (IICCCI At COI15C(�UC11111I, in cunnection with any
<br /> co��demnaNun oe othcr taking of any part of thc Properry. or for convcyancc in licu uf condcmn;Uion, arc hcr.by ussi�ncd and _
<br /> shall tsc Q:iid ta Lcndcr.
<br /> In the event of a total taking of the Property,the procecds sliall be applicd to the sume secured by this Securiry instrument, `
<br /> wheUtcr or n�t then duc, with uny cxccss paid to Barrower. Ir�the cvent of a partial wking uf the Property in which the falr
<br /> market vuluc af thc Praperty immediately bcforc thc taking is cqual to or grcatcr than the amount of thc sunu secunxl by this
<br /> Security Instrument immcJiately before thc taking, unlcss llorr�wcr and l.cndcr othcnvisc agrce in writing,thc sums sccured by
<br /> lhis Security [nsmunent shaU be rcduccd by the amount of the procecds multiplicd by t6e following fractic�n: (n) thc total
<br /> amount of il►e sums secured immediatcly before thc taking, dividc.�i by (b) thc f:tir markct v31ue af the Property immcdiately
<br /> before thc u►king. Any bulancc shall br,paid to Borrowcr. In thc evcnt of a panial takin�of'the Pmperty in which die fuir
<br /> market val.uc of thc Property immediatcly beforc d�c taking is less than thc amount of 1hc suins►u:urul i►u��ieJiat�ly beforc the �
<br /> tuking, unlcss Iiorrower and Lender otherwise agrce in writing or unless�pplicable law otPtcrwise providcs. the proceeds shall
<br /> be npplied to die;urns secured by this Security Instrument whethcr or not the sums Gre then duc.
<br /> If'thc Property is aba��doncd by Bar�•awer,or if, aftcr noticc by Lendcr to Borrowcr Qhat the condemnor offcrs to make an
<br /> awarcl or scttle u claim for damagcs, Borrowcr fails to respond �n l.cndce �vithin 30 dAys after the date the noticc is given.
<br /> Lencler is autho�ized to collect and apply the proceeds,at its option,either to restoration or repair of the Property or to the sums
<br /> securcd hy chis Sccurity Instrument,lvl::ther or not then due. -
<br /> Unless Lendcr and Rnrrower othciwisc agrce in writing. 3ny applicatioa of pro�ccds to princip;il shall not exter.d or
<br /> postpnne the due date of the monthly paymcnts refcrcecl to in paragraphs 1 and 2 or changc thc amount oF su�h payments.
<br /> 11.Borrow�cr Not Rcleused;Eorbes►rance By I.endcr Not a W�iver. Extcnsion of the time for paymcnt ar modification
<br /> of amortiwtion of the sums secured by this Securi¢y Instrument grant�J by Lender to any successor in interest of[iorroucr shall
<br /> a._ l.__..._...•_..a.
<br /> IIOt OPC�i1IC j0 PCICl1SC IMC IliiUIIIIY Q�II1C OT16'111�11 ISOITOWOi Uf�lOiTUWCi�.I 1UCCC.YJUI]t�l ItII�:IC]l. LCIIIjGI inu==i�GI va:��yuu�+u�0 _
<br /> commemc procecJin�s a�ainst any succcssor in intcrest or refusc to extc�id time for payment or uthcnvise rnodify amortiiatian
<br /> of th� sums sccured by this Sccurity Instrument by reuson o� any dcmand made by thc original Borrower or I3�rrower's
<br /> su.ccessots in interest. Any forhe�irance by [..enJer in exercising any right or remedy shall ni�t be a waiver of or prcGlude the
<br /> exercise of any righ[or remedy.
<br /> 12. Succes.u�rs and A�.sigais $c::LRf�;Joint and Severul LinbiUty; Casi�;ners. The covenants and agr�cmcnts of dtis
<br /> Security Instrumcnt shall bind und Uenefit the successors and ussigns of L.endcr and Borrowcr, subject to thc pruvisions of
<br /> paragraph 1"l. Borrower's covenants and agreements shall be joint and several. Any Borrower �vho co-signs this Security
<br /> lnstrument but does no!execute tl�e Note: (a) is co-signing this Security Instrument only to mongage, gcant and comey that
<br /> Borrower's intcrest in thc Propc�ty undcr the tcrms of this Securiry instrument; (b)is not personally obligated to pay thc sums
<br /> securcd bv this Security instrument;and(c)agrecs that L,ender,nd any oU�er Borrower may agree ro extend, modify,forbelr nr
<br /> make any accommodations�vith regard ro the terms of this Security Instniment or the Note without that Borro�ver's co»sent.
<br /> l3.Loun Charges.If the loan sccurui by this Security Instrument is subjcct to a law which scts maximum t�an ch�rgcs, -.
<br /> and that lu�v is finally interpreted so that the interest or other loan cltiurges collected or to be collected in wnnection witl� the --
<br /> loan exce�d the perniitted limits, then: (a)any such losn charge�hidl be reduc�xi by the amount necessary to reduce the charge --
<br /> ro tl�e pemiitted limir, and (b)any sams already collected frnm Borrower which exceuled permitted limits will be rcfundeci to
<br /> Sorrowcr. Lendcr may choosc to mAkc this rcfund by rcduring thc princip:d owed unr3cr thc Note or by tnaking a direct
<br /> payment to l3�rrower. If a refund reduces principal, che reduction will be trGiteJ as a partial prepayment without any
<br /> prepayment charge unc�cr thc Note. �_
<br /> 14.Notices.Any notice to Iiorro�vcr provided for in tl�is Securily instrument shall be givcn by dclivcrins it or by mailing _
<br /> it by first class mail unlcss applicable law requires usc af�nochc�r methad. The notice shall be directed to thc Property Address -
<br /> o�any uther uddress Bnrrowcr designates by noticc to l.ender. Any notice to Lender s6a11 be given by first class mail ro =_
<br /> [.cnder's uddress state,d hercin ar any otitcr adJress l.endcr designates by notic� to Borro�vcr. Any noticc provided Por in tl�is —
<br /> Security Instrumcnt shall bc dccmcd to havc bcen given to Borrnwcr or Lcndcr whcn biven as provided in this paragraph. �-=
<br /> 15.Governln� I.�w; SeverabSlity. This Securiry Instrumcnt tihall he �ovci7iccl by fcderal law and thc la�v of tBe �
<br /> jtttisdiction in which thc Property is locutcd, In thc tvent that any provision or clausc of this Su:urity instrumcnt or thc Notc �
<br /> cunflicts wiU� applicablc law, such conpict shall not affcct othcr prc,visions of this Sccurity In�;erumcnt or die Notc which can bc k�;.
<br /> given effect�vithout the conflictiug provision. To this end the provision�c�f this Securiry Instrument��nJ t.hc Note aro declared
<br /> to be scvcw�bla
<br /> 16.Do1��uµ•cr's�opy.Borrowcr shall be given onc cunfortnc.�t copy of thc Note anJ of this Sccurity Instrumcnt. ;:,
<br /> Form 3028 9190
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