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.. :{'�.r�''f• 1.•....,?��CI�, ..... a _ .. _�.'J. ... . ....- . ..._� _. . ' � .� ,'r•,` . . ..�1" . . � . 4�fr4�S'le�•i�' .-..__.�....___ . ... ... . ........ _.__�.�.__�� --.. _. �u� �.�ss3� � paymcntm m�y no langer be requirui.at the opdon of L,ender,If moRgage inEUrance cavernge(in the amount and for the p$rlod that Leadcr requfres)provida!by an fnsurcr approved by Lender ngnin t�m�avuilnble nnd is abtuined.Bonawer shall puy the premiums requircd to mainwin mortgage insurana in effect.or to provida a loss reserva,until the requircment for mortgage : insurunce c�x in uccordanco wldt uny wcitten agreement 6ettive:n Borrot�rer and Lender or appHenble Iaw. 9.I�epeetion. Lender or ita agent may m�ice reasoneble enules upon and inspecdons of the Pcoperty, Lender shalt give 8unower rtotice at tha tlme of ar prIor to t+n inspection speclfyf ng ceasonabla cause for the inspection. 10. Condemnsttlon. The proceeds of any award or claien Por damages, direct or consequentlal, in connection wlth aay ecmdemnation or other taking of any part of the Property.or for conveyance ln lieu af condemnatlon,ure hereby assigrted und . shall be paid to Lender. in tho cvcnt of n tota!tniciag of the Property.the pruceeds shaU he sppiied to the sums secured by this Secudty Instrumeut. � wiuther or not then due. wIth any exeess paid to Bornawer. In the event of a partiat taking of the Pmperty in which the fair market valua of the Property immatiately before the wking is equal w or gceater than the amount of the sums secured by this Socutity Inshument immedIately before the tak[ng,unless Borrower and i.ender utherwise agree ia writing,the sums secured by thia Securiry Ituuumeat shaU be reduced by the amount of the praceecls muldplied by the following fraction: (a) the wtel amount of the sums secured immodiately befotg the wking,dividad by(b)the fair market value of the Pmpecty immediately before thc taking. Any balance shall be pald w Borrower. In the event of a partlal teking of the Property in which the fair ' matket valu�of the Property imn�ediately before 4he takirUr is less than the amount of the sums secured ima»eciiately Uefore tite taking,unless 8orrower aad[.ender othErwise agree lq�v�idng or unless applicuble law otherwIse provtda, tbe proceecis shall be appltad to the suma secured by thia Security Insm�ment whether or m►t tke sums are then due. It the property is abandoned by Borrower.or if.after aodce by Lender to Barcower thet the aondemnor offers w make an award or settle a ciaim for damnges. Bon+�wer fuils w respond W Lender within 30 duys�er the date the nottce is given. Lender is uuthorized to coAect and apply the praceeds,at its optton,either to restoradon or repair of the Pmperty or to the suats secured by thia Se�urIty Insavnuat.whether or not then due. Unless Lender and Borrower othenv3se agree in wridag, any application of proceeds to pdncipal 6haA not extend or postpone tho due dato of the manthly payraenu i�efemed to in paragraphs 1 end 2 ar change the amount of suoh payments. 11.Borrower Not Ite1�Forbears�nae By I�ender Not a Waiver.Extenston of t6e time for paya�nt or modificudan of amortizadon of the sums secured by this Secudty Jusnument granted by Lender to any successar in interest of Borrower shali not operate to rateasc the iiabitity of the origir►ai Bomower or Borrower's successo�s in inicreat.L��cr aticll �vt t�r�qutrod tcr oommance proxedinga agtunst any successflc in interest or refuse to eMend time for payment or oUierwlse madify amortjzation of the sums s�ewed by this Securlty Iavtcument by reason of eny demand wade by the orlgtnal Borrower cv Borrower's sucxssors Ia interest.Any forbearnaoe by I.ender in exercising any right or remedy shal!nos be a waiver of or preclude the exercise of any dght or resnody. 1Z. Suatxssois and As9fgns Boaad; Joint aad Severel L1�bUity; Co-slgnere.The covenants and agr�cementa of tbis Securiry Insuuvaent shall bind and benefit the succe.ssors and assigos of Lender end Bomnwer.subject to the provisions of paragraph 1?. Bort+�wer's oovenants and agreements shaU be joint a�id several. My Borrawer who co-signs this Securlty Tnstr�rnent but does �t exxuta the Nou: (a)is casigniag tbis Secudty [nstrument only to mort�ge. giant aad oonvey that Borrower's interest in the Property under the terms of tt►is Socar�ry Insuument;(b)is nat persorrally obligeted to pay the sums sca�crd by this Securlry Insuwnent;and(c)ag�ees that Leader and any other Bornower may agree to extend,modify.forbear or make any accommodations with regacd to the tenns of tlus Socairity Insttument or the Note wIthout that Borrower's oonsent. 13.Lowt Clwrges.If the loan secured by this Serurity Insuu�nt is subject to u taw which sets mzuimum toan charges. ancl that law is Rnvlly interpreted so that the intemst or other loan charges oollected or to be wllected in oonnoctian with the lou�excood the permitted timits.then:(a)any such loar►charga sha11 be reduoed by the ama�unt necessary to reduce the charge t�the permitted 1imIt:and(b)any sums�lready collected fram Bornower which ec+�eded perm[tted lin�ita wlil be oefunded w B�rrower. Lettder a�ay choose to make t�is refiuid by reducing ttas principal owpd under the Note ar by mulCiAg a diroct payment to Eonnwer. If a reftuid reduces principal, tlie reduetion will be treatcd as a pardal prepayment without any pn,paya�ent charge under the Note. ' 14.Notioes.My noria to Borrower pmvided for in this Security Inst�ument shall be gtven by dtlivering it or by maillng ' , it by flrst class rosil unle�s t�ppltcable taw requires use�f another method.The notioe shall be dicected to th�Property Add�ess or eny other ad�ress Bortower designates by notice to Ixnder. My nc�rice to Lender shalt be given by first class mail to LeMer's address stated henin or any oiher address Ixnder designates by notice to Borrower. A�ry aotice pmvided for in this 5ecurity Instrument shall be deemed to 6ave bcer�given to Borrower ar L�nder when given es provided in this pam�taph. 1S.Coverning J.nw; Stver�tbUity. This Securicy Instrument shall be gvvernod by fedetal law and the Isw of the jurIsdicdon in wh�ch ths Peoperty is locateci. In the event that any provisIon or clause of this Secut�ty Instrument or the Note conflicts with applicable law,such oonfliat•shall not affect other provisfions of this Sec�uity Inshument or the Note�xhich can be given effect�vithont the codflicting pravision.To this end the provisians of this Stxudty Instrument and the Note ure declured to be seventble. 16.Borrotver's Copy.Borcower shall be given one oonfoaned copy of the Nate aad of this Security Instrumtnt. Foetn 3028 8/8d Pego t o18