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<br /> paynxiitw a�ay nn I�►ngcr bc rcyulrrd,�a thc nption uf Lcizdcr,It ntungo�;c insurancc�v�vcrugc t in thc nntaunt und far thr period
<br /> that l.ceulct n:c�uirc�)pn�vtdcd by nn Insurcr npprovcd by l.c�xlcr nguin bccu�ucw twuitublc i�ad is ubtai�tcd. Borr�wcr ehAll pay
<br /> tho prcmiunts rcyuircd u►m;dtuaiin nr►rtgugc insurnncr in cifrct,ur tn pmvfdc a lasv rc�crvc,wuil thc rcyuirement for mc�flgagc
<br /> insurm�cc m�dv i»uccunia�xo with nny writtcn cigrccmcnt betwrcn qurrnwer und Ixncicr ur applicublc.luw.
<br /> 9.Itxvpectiou. l.crnice ar ita ugcnl may mak���ahan;iblc cnulcs u�n and inspccUons�►F thc Prupc�ty. Lendcr shidl give
<br /> gnrrowcr�x�Ucc nt thc ti�nc af or prlur to nn inspertian,�p��:ifyiug rcax�n•rbte ruusc for thc inspecti�m.
<br /> 14. Condemtwttion. Thc prcx�ccda ut any uwunl ur cluim fi�r dumugcw,dircct ur cunscyucntial, in cumccction wish any
<br /> condcmnation ar athcr taking af any paK of Utc Properly, or fur c�roveynn��c in ticu uf candeinnatiun,urc hercby ussigned and
<br /> shall�a:paid lu Lender.
<br /> In tNe cvent of a tntal tuking uf thc PropeAy,thc pmrcafs shull bc applicd t�the�ums xecurcd by th1R S�ecur�ty Instniment.
<br /> whether nr noi thcn duc. wtth uny cacess puid to Buttower. 6�the event of u partlul toking of the Property in which the fuSr
<br /> market valuo uf the Property imit�cdiately Ixforc the tuking is cqunl tu or g�eater than the umount of the sams ssecured by this
<br /> S,ecudty[nstrumcnt irnmedlntely befitm the taking.untess Borrower and Lender otherwise agme in wdting.the sums socured by
<br /> thls Securlty Instruntcnt shall be reduced by the nniorunt af the ptacecds multlplied by tho foUowins fruction: (n) the tutal
<br /> anwvnt of the sums secured immaliately before thc uilcing.dt�ided by lb) the fuir murket vulue of the Properry immediutely
<br /> beforc the tnki�g. Any�alance shull be p�id to Bamawer. In the event o�a p:utiul tnking of the Property in which the fair
<br /> market vnlue of the Propetty immed[utely b�fam the ttiking is Iess than the nmount uf ihc sums secured immed[ntely before the
<br /> t�lcing. unless Borrower ttnd tFnder o�herwisc nc��ee i�writing or unt�.�v.s ap�licxible!nw otherwi�c provides. the procePds�hail
<br /> be appliod to the sums securod by this Stxurity Instrument whether or nnt the sums nrc then due.
<br /> i€the Propesty is abandoned by Borcower.or if.after rtottce 6y l.ender to Bom�wer that tho condemnor offers to mnke ab
<br /> uwurd or settle n claim for damagcs. Borro�rer fnils �a respand ta Lender within 30 dnys uRer the dute the notice is given.
<br /> 'Lender ia nuthorlud to collect nnd apply the pmceeds.ut its aption.elther to resio;ution or repair of the Property or to tbe sums
<br /> socured by this Security Instrument.whether or not then due.
<br /> Unless Lender and Borrower otherwise agrrx in wrlting. any applicatlon of proceeds to principal shait not extend or
<br /> postpone thc due dute of the monffiIy puyments refemed to in paragrvphs 1 und 2 or change the s�mount of such payments.
<br /> 11.Borrow•er lVot Releaud;Forbesranoe By Lcnder Not si Wuiver.Batension of the time for payment or modificution
<br /> of arnrnonizntion uf the sums secured by this Security Insuument grunted by I,ender to ony suxessor in interest of BorroweT sbull
<br /> not operate to relesse the linbiliry of the origjnal gorrower or Bomower's successors in 3nterest. I.ender shall not be requiro�i to
<br /> a�mmence proceedjzws as�fast any successor in interest or�eefuse to extend time for Qayment or athenvice madlfy amnniwtean
<br /> of the swns secured by thIs Security instrument by reason of any demand made by thc orlgins�ll Borrower or Bomn�ver's
<br /> sucoessors In interest.Any forbeurance by[.ender in ezercising any rigkt or remedy shall not be a waiver of or preclude the
<br /> exercise of any right or remedy.
<br /> 1�. Suocessors And As�►tgns� Boun� Joint and Seveeal LFabqity; Casigners. The c�venstpu and agreements of this
<br /> Security Instument shall bind and benefit the sucoessors and assigns of Lender and Borrower. subject to the pmvtsions of
<br /> paragraph 17. Bomc�wer's.00venants and a�reements shall be jaint an� s:veRal. Any Borrower who co-signs thin Securlty
<br /> Iaswment but does not eaocute the Note:(a)is co-signing this Security[nsavm�nt only to mortgage. grant nnd oonvsy t�at
<br /> Borrower's interest in the Property under the terms of this Security Instwnent;(b)fs not pecsonally obligated to pay the sums
<br /> sesured by this Securiry Instrument;nnd(c)ngrces that Lender and ar►y o1heF Borrower may agree to extend.modify.forbear ar
<br /> maSco any ucxommodattons with re�,tard to the tecros of this Security Instrument or the Note without thut Horruwer's coetsent.
<br /> i3.Loan Churqes. If the loan secured by this 5ecurity Instrument Is subjr.ct to a!aw which sets maximum loan chuges.
<br /> and th�t la:�is finally interprtted so that the interest or other loan charges collectod ur to be collected in connectian wlth the
<br /> loan ex.ceed the perniaed limits.then: (a)amy such loan char�e shnll be reducai by the amount necessary ta reduce the cltarge
<br /> w the pernutted lim�lt;and(b)any sums already oollected from Bortuwer which exoceded permitted limit�wiil be refur�dcd to
<br /> Barrower. I.ender mny rhoose to mnke this refund by reduciRg the principal owed nnder the Nate or by making a dlrrct
<br /> payme�t to Sorrower. If a refucni srduces prfnclpal. the reduction wUl be ueated as a partial prepayment without any
<br /> prepaym�nt charge under the Note.
<br /> 1�.Notices.A�ny ctniioe to Sorrower provtded for in thia Security Instr�tment shall be given by deli�eri�g it or by mailing
<br /> it by first clsus mail unlrss apspiicable luw�equims use oF another method.The notice shall be directed ca tt►e Property Add�+ess
<br /> or�ury► ott�er addcess Burrower designates by noace co Lender. Any notice to Lender shutl be given by tirst ciass mail to
<br /> [.ender's address stated hercin ar�r other uddresg L.ender designates by aodce to Horrower. My not�ce provided for in tl�is
<br /> Security Instcument shall be dcemed qo have been givcn to Borrowcr or Lendec_when siven s�.s provided i�this paragraph.
<br /> ' 1S.Gorerning Lsw; Severabiiity. This Security Instcurrtent �halt �.. �overnad by fcderul i:��r and the luw of the
<br /> � � jurtsdfction in whtch th� Property is located. in the event that eny provision vr clause of this Socwity�tnstxument or the Note .
<br /> con}ticts with applicable law. such conflict shall not affect other provistons of this Security Instrwnent or the Note whteh car�be
<br /> given ef�ort without the confltctin�.provision.To this end the p►+ovisions of this Sacurity Iastrument ared the Note ane decls�red
<br /> to be'severable.
<br /> 16.Borro�er's Copy.Bomower shall be given one confom►ed rnpy of the Note and of this Security Instlument.
<br /> • • Form 8028 9190
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