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. <br /> �9 5-� 1t�'789� <br /> paycnens� may no longer be requinci, a�.the crptK�n of i.ender,i1F moctgage insur�c.�rAVerage(in thc amouni and for the period <br /> that Lender requires)gro�ded by an insvrer apprc�ved by Lendcr again becomes available anci is obtained.Borrower shall pay the <br /> pr�nlums required to maintan rrnartgage insurac:ce in c.ffect, or to provide a loss reserve, ua►tL the reqLiranent for ma�tgage <br /> znsuran�.e ends in�cvadanc�wytfi any�writL�r.,agnxment bstwoen,8a�rowa attd L�ar applicabk law. <br /> 9.In�pectivn. :c.enda- or irs a,�erst may ma�ce reasanable entries upon and i�ons of d�e Property. L.ender shall gfive <br /> �orrower notice at th�time of�pri���ar�insper,tion spa�fying reasonable cause for the inspxtion. <br /> IQ.�Condernnataon. '�he proaJ c'�s of any aw��ard or c�aim f� damages, d'uxt ar consequ�ential. in connection wit� any <br /> consiemnation oe other tajcit�g of any }'��rt af tl�� Paaperty,or foL cor�veyance im lieu of condemnation. are hereby a�od arxi <br /> shail bc paid to Lenc3er. . <br /> In tt�e event of a totaI t.ilcimg of d�e PrQperty,the proceeds shall be appEied ro tt►e sums secure�ri by tttis 6ecurity Ins�ument, <br /> whether rnr nc�t tt,en due�with any ezces��to Aorrower.In the event of a pa�tial,taking of the Property in which the fan•mmdcet <br /> Ya�a�� af the Prap�rty immediately ije€ore th� taking is aqaal to ot � than the amamt of it� sntns sxurod by th;s Secutity <br /> Insuument irnmetliately bet`ore the t�king. unless Bornowa and Ler�d�a otherwiss agroe in �a+riting. th� su.-n.g securod by this <br /> 3ecurity Instcument shall be red�by the smoimt Qf the proceetis muttipliod by the followin�; fractian: t8� �iC LO�A�aro�nii of � <br /> the scuns se�w�d imrcaediately he€�re the taking, dividai by (b) the fair market value of th� Propaty immediatelv befcre.the <br /> talang.Any tr.slaaace�hall be�id to Bormwa.In thc evem of a paztial taking of the Ptaperty in�a+hich the fair mazkec valu�of ths <br /> Yroperty ir�mediately h�fore the taking is l�e.cs tha.� the amount of the surr.s sxu�ci immeciiatety t�efore the takinp„ unless <br /> Borra�rer and Lendcx�therwise agree in writing or�nless applica��e law othexwise pmvides,the procead..�siial be mpplir�i to the <br /> s�ms secured by this S�curity Ins�uvment wt�ether or not the sums are then due. <br /> If the Property is abandAne� hy Borr�we�r, or if, after notice by L.ender to Borrower that the condemnor offers to make an <br /> awa,-d or sr,s�}e a claim far darr�agGS,Borrov�er fails to mspand to Lender witliin 30 days aftcx the date the nodce is given,Lender <br /> is author'v.ec! to cojlect ard apply the praceeds�ai its option,eiiher. to restoration or repair of the Property or tn dtie sums secured <br /> by�is Sec�ity Inswmea�t,whether�r noe then due. <br /> �3nless Le,nder�nd Bomower otfier�vise agree i� wri�in8.�Y 2PPlicatian of proceeds to principal slr4t�not extend or postpone <br /> the due date of the manthly paycnents refened to in parati�raghs 1 an�2 or change the amount of sach paynaents, <br /> 11.Borruwer Mat R�lea.sed;Forbearanre Ey Lender No�a Waiver. Extension of the tirrtr; for paymtnt or modiP�cation <br /> of amortization of th�sums �.u�ed by this Security Inswrnex�t granted �;�Lender to any succes.uar in intere�si ef Borrowu shall <br /> nflt operate tv pe3ease the l�ability of the original Bornower or Borrowe�•'s successors in intere.st. L�der shall not be requirtd to <br /> cammence proceP,dings against any s�r in intere.ce ar refuse tn exu�cD tim�for payment ur otiaer�vise modify amortization of <br /> �h� sums s�cureci by this S�curity Insuument by reason of nny tianand made by the�original Bor�rower or�3orrower's successars <br /> in interesa. }1ny fr�rbearance by L,c�der in exercising any ri��s or remed;r sh2�1 n�t be a waiver of or proct�sie the euercise of any <br /> n.ght c�r rem�ciy. <br /> 12.Successars a�d Assi�ns Bon�i;Joint and Severa�l.�ability; Cc�-signers. The cov�.�ts and a�maeme�ts of this <br /> Security Instrvment shall bind and benefit the successer� a�d acsign,s of Ler:uer and Borrower. sub,ie�t f� the provisions of <br /> paragraph I7. Bc�rrower's covenants and agreements shali br join� and sevecal. Any Boarower �w��ho c.crsi�s shis Socsuity <br /> Instrumcnt but �oes not e�ecute the Note: (a) is co-signing �his Seti::;rity Instrunent only to mortgage, �rant and canvey that <br /> �ormwer's irr�xes�� in the Property under the terms of this Sec��::ity ?ns�unent; (b) is not personally c►t�ligatrd to pay the sums <br /> seccued by ihis �ecurdty I�swm�t; and (c) agrees thai IP...7der ar,� ;iny othsr Barowex may agree to eztend,nx�dify.forbear or <br /> rna�ce any aecommodations with regard to the term.�vi this Sesvrit�Inssume,�t or the rlote without that Borrowcr's cbnsen� <br /> i3.Loan Charges. If the l�an se�u�,,.i by this Security Inswment is sub,ject to a law which sets maxinaum loan charges. <br /> and thai law i� finally intecpretec� .N thai the iiat�rres[or vther loan char�es collKCt�or to be colkcted in connection with the loan <br /> ezc� the permitteci �:.TM�iis. then: (a) any such loan charge shaLl be rer.luced by �`ie:amount necessary tn reduce the charge to the <br /> }�ermi�r�fimit;and(b)Brry sums atready ooll�from Borrowe���vtiich exc:aede�i perrnitted limits will be refunded to Botrower. <br /> L,�nder may choos� eo make this refcu�d by redeicing the prin�.�ipal owe�i �e�r. the Noce or by making u ciirec�. payment to <br /> Borrower. If a refun� reduces principal. tlse red�x:tion will be tireated as a �a%aI prepayment without sininy prepa}�nt charge <br /> under t�e Notc. <br /> 14.Notices. Any �dce to Borrower grovided for in this Security Instruy��er�4 shall be given by delivering it or by mailing it <br /> by first ciass mail unless a;pplicable law��equ'ues use of another method. The n�c�t�e shall be dirxtod w the�'roperty Address or <br /> any other address Borrower designases hy notice to L.ende�. Any notice to Lr�n�a�• shall be given by �rst c�ass mail w Lender's <br /> address state� Fieer�in or an�+ other address Lender dcsignates by notice w ���nrro�+ex. Any nodce provided for in this Secarity <br /> InsLri�ment shail bc deemec!t�a i�ave bar�given to B�rrower or Lender when�:;��eY�;�.;provided in this p�h. <br /> 15.r�overnong L,aw;Seuerability. This Sesurity lnstrument shall l�ti: ;;�►��C;-ned by federal law and the,law of the <br /> j�uisdictiQn in which the �'roperty is tocated. In the event that any provisiori �r r clause of this Sxurity InsWmant or the Note <br /> confticts with applicable 3a�, such conflici shai! not affect other pmvisions of �,�is Socurity Instruanent er the N�x which can be <br /> given effect�uithaut the�onfli�ting provision.To this end the provisit�ais of►�ii._,:aecuriry Inswment and tlke Note are deckue� tn <br /> r1e,cvetable. <br /> Form 3�2+� �/90 <br /> (�o•BR(NEy�9ztat a.a.4 or e inni•i•: _. <br />. . ,. . <br />