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<br /> • psy�nts ma�r no toBger ho reqnirad,at the ept�an of I.�der.if mo�tgage insuraace ooveiage Cin che sma�nt and fos ttte perind _
<br /> �t iLender requiir�s)pmvided iry an�*+�+�+�*agpmved by I.ender again beoo�es avaidab2e aud is obtainzd.Bor�uwea�shail pay �
<br /> 'th�premiums required to ataintain tuartgage insuraaoe in effect,or to pmvide a toss ceserve,until tl�e reqnim�ent for mortg�gx
<br /> - _- iusm-aboe e�in��rttit a�wr�tfen�agic.e�nt��rower�d Leudes or appfIcabt�e�at�. . . �. -. _ . _-
<br /> • � 9 tnspeetioa.E.ea�er ar its egent may m�Ice neasoaable entries apon and inspectFons of tfie Froperty.L�ader shall give
<br /> Bomawer notice ai the time of or prior w an iasgecteun specif�ing r�asc�nableca�ase for the inspection. �
<br /> 10. Coa�natlon.The pmce�ls of any aw,azd or,ciaim for damages. di�ect or oonseqaentiat, in oonuec,�an with anyr
<br /> . caademaazion ar othei takistg of any part of the pmperly,or for conveyan�e in lien of candeamation,are hemby assig�d and
<br /> shafl be paid to Lende�. • `
<br /> : � Iat tlte event of a totai taldng of the Praperty,tl�e pmoeeds shail.he applied w the snms a�6y ihis S�rity Insuamau, �
<br /> • wl�eiher or not tttea due.arith any excess paid to Bormwer.In tfi�evenr of a pa�ial taging of t�Pmpett}r m which the fair
<br /> marlset value of the Pcoperty immediatety before the taking is equal to or grezter tiian ti�e amoumt of the sams�by this
<br /> Se�[ty Inctmma_trt i�itly 6efoz�C ttte faIottg,unttess Boamwer and t�qtherwise agtee in arriting.the svms seaue�bq
<br /> this Saurity Iastro�nt st�all be t+�toeQ By ttte amauat of the proceeds muttiplied by the follovring.fr�ctioa:(a)�the tatal
<br /> . amaunt of We sums se�ed im�diately iTefore the iatimg,divid�d by(b)the fai�marl�et vatae of the Property immediattly
<br /> � before 6te taking. �►uy 6alaaoe s[�a1J be paid to Bom�wer. In the eveut of a partial�a3dng of the Praperty in wluch the fair
<br /> market value of the Praperty imm�tately befare th�tatdng is less tbaa�tfie amaunt off�ie sums s�imaxdiatelg 6efore the
<br /> taldng,tu�t�ss Borrawer and I,ender other�vise agree in writing'or untess�applirzble law otherwise pmvides.the prooeet�s st�all � . .
<br /> be appiied w the s�,s secured lry d�Security Imttumea!whetbe.-or aot ttce sums are then dae. , .
<br /> tf t6e Prapetty is abaa�oaed tpy Burmwer.or If,after notice[ry�udea to Barrower thac the w�ndempor offeis.to mak$an �
<br /> ' awazd ar settIe a etaim for damages.Botroaer faiLs to mspond 4o Ieader within 3Q`days after.�e date ti�e aottae is give�;` '
<br /> � I.ender is�aushori7ed to col�ect a�d ayply th�pmceeds.at its option,either to restoration or m�air of the Prapeny or w the sums
<br /> . secured bY�this 5ocnrity Iasuv�nk whether or r.ot then due. . . . � .
<br /> , Unles9 I�des aa:d Borrower othesarise agree,i�writing, aby apPlic�tIon of proceeds.w priacipal shal� not e�taad or
<br />, . Postpone the dae date of the mopthly paynaen�s iefemd tv in paragrdphs I and 2.or cf�aange tLe amount of such payments. � ' .
<br /> 11.BostnMrer Not Rdr�ased;Forbesrance B,y LaaBer Not st Waiver.Exteasi4a of tiie t�me for payment or modification
<br /> • of amortization of the st�ms secured 6y this Security��stro_��gransed by Lcader to any suocessor in interest of Bornnwes sh�11
<br /> . , npt operdte w ielease tI�liabiGty of the uriginal Bomuwer or Bormwer's saooessois in intemst.l.ender shatt nai be ra;uired tr�,�
<br /> commeace P�[ia8g aSainst az►Y saocessor in.anter�st or re�`use ta ex,t�d t9me for paymeat or o�wise modify amas�ti3:ar,;:
<br /> .of the sums se�.,.�by this Seeurity Insts�`.ment by reason of suy��rand made by the origiaal Borrower or Bo�nk���
<br /> s�iocesso:s�us interest.Any�o:beaianc�e by Ts�ender in exercisiag any righi or r�e�y sha11,not be a waiver of�r j,�eclec�e the �
<br /> er�ccise of aay right or remedy. � . .::,.,. �
<br /> , ' IZ. Sacoe.ssors and Asstgas Bonns�;��t and 5�fra1 Lia6lltty;�o�lg�s.The oovenants and agc�eeAfents of this
<br /> _ Security Insvnment si�aall bind and benefit,�successors and assigns of Lender and Borrower. su6ject to the pravisions of
<br /> � paragraph l9. Bornbwer's covenaats and��r;ements shaD be joiat aud several. Aay Horrower.wbo co-sighs tivs Secxiriry
<br /> Insbument but does nat execute the Note: (��is co-signing this Securiry Instramept onIy tp mortgage, grant aud oonvey thaf
<br /> Boaower's int�rest in the Propetty ander the tern�s of this Securiry Inswmcnt;N?is not personally�obligated to pay the sum�
<br /> secured 6y this Seavfty Instnt�,nt;and(c)agees tt►at Leader and afly othes Bmm�wer ms►y agree�to extec�d,mod'afy,�forbear or
<br /> rtrake any a�cc,om�odations with regaN to ttr�terms of ttds See,arity Iusuu�..ent or the Nota without tt�t Borraa�er's t�nsen� .:;;: �
<br /> 13.Laa�P�e4.If the loan secut�i�Gy this Security Instrument�subject to a law wfuch sets maximum loan ebarg�.s� .
<br /> aad th,at 2aw is��1y i�preted so th.�s�31r�;ttii��rest or other[oan ci�arges ooltaxed or to be ooll�in�connect�►with tbe
<br /> l��aaed the�Ermiaed.Gari4.;tben:.Ya',;.�y such toan charge shall be ieduoe,d by t�e amount neo�ssary to tp�6iG�:the clsarge .
<br /> ta:�i#i��permitteB•'t�ii;and(8�tmiy sam�'_.'ai�dy collected from Bor¢owc�r which e�u;oe�ed�pemaitterd liroits wFtL.l�'iefundod w
<br /> , B�i1'rovuer. Let�r cnay choose.to��9ii� zefund by•xedacing the principat owed under We N�st,�or by makiag a di�d
<br /> payment W $a�ciwer. �f a refunal �;primcipal, the reduction will be ueated as a parti�f`prcpayment witl►oni any �
<br />- � 9�;m�t.s.�=w�tett�e N�:,. . . . -
<br /> 14.Notices.My notice to Barrower provid�d for in ttus Security Instrum�nt.s6all be�iven by delivering it or by mailing .
<br /> i.�r fi�ciass i,�aii�iess appiic�Ie iaw r�use of anamer methad.The�rotiQe sfia�i be�[ed to the P�apexty E[Qdress • •
<br /> os,siny at�ier�Y�:ss Borrower designat�s�by notice to Leuder. Any r7svtice to Lender s�all be given by.first cia�s mail i�g�
<br /> � l.ender's adQr�s��t�ated herein or any othec ac3dress Lender designates Is,�aotice W Borrower. Any notia pravitiod for in tTre:.�;'
<br /> Security I1uwa�ent sbaU be deemed W have�een given to Bormwer or f:��nder when giv,en as provided in this A�S�P�• � .
<br /> f5.Cavera3ns I,s�w; SeveraDility. This 5ecurity Instrument shall 6e govemea by foderal law and the law of tbe . �
<br /> � jutisdiction[n wluc?�the praperty is tocated. In the event that any provision ar clause of ttils.Secu;iry Instnunent or the Note
<br />:��� conflicts with agplFca6le law.sueh oaaftFct sha11 not affoet ather pravisions of t[iis Security Jnsuumant brdiee Note which can 6e
<br /> given effect withoat the contlicting psmrision.To tIils end the pmvisions of this 5ec�uiry Instrument aad the Note are declared �
<br /> _ to be severable. � . ,
<br /> 16:Borro�ser's Copy.Borrower sP►all be given one oonfonned oopy of We Note nnd of this Security InsWment. .
<br /> � ' . � �Form�028�8J8D . �
<br /> . � , . v�pesofe
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