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<br /> ;,9 b..�04122 ;
<br /> paymente may no langer bc required�nt tho opttun of Lsnder.if martgagc in.4urance coverago(i�the amount snd for tho perlad �
<br /> tlmt L,smdes rrqoi�+cw)pmvided by nn insurer appmved by Lender ugaln bcoome.g uvniluble And is abiained. [bmower shWl pay ;
<br /> ttte p�mlums requirod to maintain mortgege insurnnce in effect,or to provide a loss reserve�until tho crquirement for mongegc
<br /> insucanco ends in a000rdwnee with any wcltten agroement between Borrowrt and Lender ar upplicable law.
<br /> 9.InspccttoA.Lender or ita agent mny make rcasonablo entrles upon nnd inApections of tf�e Property. I.endcr shnll give
<br /> Bomciwer nottce at the tlme of or prIar to nn inspection spacifying teasonable cause for the inspection.
<br /> 10.Condemnatlon.The praceeda of any uwurd or daim far dw�wges. diroct or consequenti�l, in wnnection with any
<br /> condemnat3on or other taktng of nny purt of tha Propeciy.ar for conveyunee in lieu af condemnation,are hereby assfgneci and
<br /> shall bc paid to Lendcr.
<br /> In the event of a total taking of the Propeity.the procceds ishaU bo apPlied�p Wa 5ums secured by this Security Insuumeut,
<br /> whether or not then due,wIth any excess patd to Borrower. In the cvent of a parttal tekMg of the Property in which the fnir ;
<br /> matkct value of the Property immeditttely befare the taking is equal to or grcater than the amount af tho sums secured by this
<br /> Sesudty Icastrument immediatPly befone the t�kIng,unless Borrawer and Lendet othetwise agrea in writing.the sums secuc+ed by: .'
<br /> this Security Insucument shull be rrduced by the amount of the pmceeds muldplied by the following fraction: (A) che totul"
<br /> um�nrt of ths eur►�u�ured iem►ediately befora thc taking.dlvided by (a)tlie fatr mnrket vAl��e of the Property immedia3ely
<br /> before ihe taling. Any batance shaU bo paiab 4p��orrower. In the event of a partial wking of the P�party in abich the falr
<br /> . market.vplue of the Pmperty imme;diat�ty he�'vn�aRe taldng is les�thun she amonnt of the sums secured immediately before the '
<br /> .. wkit��,vnloSS Borrawer and I.eadd�i•athenvise a�ree in�v�ino�+g ar uniess appiiwbia iaw ott�c.cr:lse pme�Id:s. ths�rore�tA ahall ,-
<br /> be opp9i.qc1 to ths'sums sgcured by¢fi3s Security�istrument w'h�al�er or not the sums are thcn due. ��
<br /> 1�.�!�, If the Prop�ty i�abuudaneti;by,�4nower,4t if,aRer dotice by[.endet•to.Bormwer thut the condemnor offer�to make un
<br /> award or settla a•riniin iqr dama�es;�orrbwer falts to respond tA I.eader wlthin 30 days after the date the notice is given,
<br /> L,eader is authotized to collect anii ajj�►ly the pmceeds.at its option, either w restorntion ot repsiir Qf the Property or to the sums
<br /> secured by thia Secudty Insuument�whether or not then due.
<br /> Unless Lender and Horrower otherwtse agrez i�wrtdng. any appliration of pnocecds w principal shatl not catend or
<br /> postpone the due date of the monthty payments referrcd to in paragraphs 1 and 2 ar chnnge the amount of such payments.
<br /> 13,Bor�'I3ut R�;�arh�s�sssce�t Ix�a'1�Qt a Walves,Fat�.�n of thc�iu�e for Qayment or madificudon
<br /> af amortization�f thc sums secured by this Secnriry lnsuument grantad by l.ender to nny successor in interest of Bonower shdi
<br /> not opcmte to release the liubilfty of the origtnnl Borrower or Borrower'$auccessore ia intGrese.l.et►d.er Fhall not be r+�quirod tc►
<br />: commence proce�dings egaiRSt any succe.ssor in interest or rctLse to exte:tid time for pnyment at otherwise madify amar�ization
<br /> �f the sums sacurai by this Setudry Insnrument by reason of nny demund made by tha origina� [3orrower or BomOwer's
<br /> succpssors in interest. Any forbesrancc by Lender in ezercising any d�ht or remady shall not b�a wniver of or preclude the
<br /> oxenise af any rig6t or remedy.
<br /> 13. Suoccsso�e and Assigns Bound; Jofnt and SeverW Lia6llity;Cosignere. 'IT�e covenants and ag�cements of thia
<br /> Sc.curiry Instmmcnt shail bind and benefit the sucvessors and essigns of Lender end Borrower. subject to the provisions nf
<br /> paragraph 17. Bucrower's covenents and agroementa shall be f oint and several. Any Horrower who co-signs this Socudty
<br /> Insttument but does not execute the Note: (a)is co-signing this Sea�rity insuumeat onty to mortgage.grant and wnvey that
<br /> Borrower's onterest in thc Property under the terms of this Secudty Iasuumenr.(b)is not personally obitgaud to pay the sums
<br /> � secured by thia Secudty Instcument;and(c)agrees that Lender and any other Borrower may agree to extend.modify.forbear or
<br /> make any aocommodut�ons with regard w the terms of this Security Instrument or the Nott without that Borrower's oonsent.
<br /> 13. I.oan Charges.If tha lonn secured by this Security Insuun►ent is subjeat to a law which scts maximnan loan charges.
<br /> and that!aw ts finatly interpretqd so that the interest or other loan charges ool(xted ar to be collecttd in oonnacNan wiU�the
<br /> loan eaoexd the permitted limits,then: (a)any suc6loan charge ahall be ralucod by tha,amount neCessary to reduce the aharge
<br /> to the permitted fimit;and(b)any sums already coltected fmm Borrower whtch exceeded permiued llmits will be refunded to
<br /> Borrower. Lender may choose to make this refund by reducing tho pdncipai owe� tindtr the Note or by making a dirat
<br /> • payment to Borrower. If a refund redaces pr3ncipal, the reductirni wiil ba treated as•A pastial prepayment without eny
<br /> prepaynnent charge under ttte•Nate.
<br /> 14. NoNa�.My nodce to Borrower_�rrovidod for in thts Secudty Instrument shalt be given by ileliver�n� it or by mailing
<br /> it by first cluss maii untess npplicablo tow requires use of aruther method.The nodce shall be directed'to the Propetty Addass
<br /> or any ather eddmss Borrower designates by notioe to Lender. A� nouce to I.ender shail be given by first closs mnit to
<br /> Lender's nddress stated herein or eny other address I.ender designates by no8oe to Borrower. Any notice providod for in this
<br /> Security insm�ment sh�ll be deemod to huve been given to Bornower or I.endcr when given as provided in this paeagrf►ph.
<br /> 1S. Governing I.aw; 5evembility. This Secudry instrument shnll be goveme�i by federal law, and the iaw of the
<br /> jurisdfction in whIet�th�Property is located.In the evont that any prov[sion or clause of this Security Instniment or the Note
<br /> , oonflicts witQi applicable law,such conflict shclf not affect other p�ovisions of this Socurity Instrument or the Note whfch can be
<br /> � given effect w[thout tho mnflicting proviston.To th[s end the pmv;slons of this Socurity lnstrument and the Note ure declared
<br /> to be severable.
<br /> 16. Borrower's Cnpy.Borrower shall be given one conformed mpy of the Note�u►d of this Security Instrument.
<br /> , Fotm 3028 8f80
<br /> Vapo 4 ot 6
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