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<br /> payn�ersts ia.�y�t�i Inn�cr tse requircd,at thc option af Lcndcr, if mortgiigc insurancc c�iverage(in thc cimount�md fur thu pe►iod
<br /> that I,cnded• rcquires)providesl by nn iusu�'er appraved by I..enJer c�gain lzecumes nvuilable i�nd iy uhtuincd. Ro��rower shidl }�ay _
<br /> the prerniu�rs rcquired.to m;dntafn mortguge insurnncc in effecr,nr to pmvidc a loss ecycrvc, until tlic rcyuircment fc�r monQ�l�o i-
<br /> ii�surarc�enJs i�a�.urdLii.Ci;L.IIII auy� t+��'Ittcn eorccnicnt actwecn 1lormw�r nnd l�enricr�r npplic�able li►w. ;
<br /> 9.Gi�pectlon. Lendcr ar its ngcnt may makc rcasonablc entrics upon and I�tispecti�ros uf thc Proparty. I..ender shnll �iuo
<br /> B�rrower natice at the time oP ur prioe to an inspection speciiying reasonable cause tor tlic ir5pection. �
<br /> 1Q1.Condemn�tion. Thc procceds of any nward or claim for damagcs, dircct or conscqucntiul, in cunnccti�m with �np �-
<br /> condc�nnation or adur tnking of uny part of thc Prnperty,m• for convcyancc in licu of cnncicnmution, nrr,I�crcby nssi�ned and �
<br /> shall t�e paed tn i.ender. �
<br /> In the evcnt of u total takin�of thc Property,die pracccds shall be applicd to the sums securcd hy this Sccurity lnsaument. I
<br /> whettier or not thcn due, with nny exccss paid to Borrowcr. In tlie event of a paniul tukin�; of t1�4 Pro�crty in whir.h thc fair
<br /> ►na�ket valuc of tlie Property tmmediately before thc tnktng is cqual to ar greater thmi the amount of tho sums sccur�d Uy tl�is `
<br /> Sccnrity(n�trument Immediately beforc the taking, unless Borrower and Lendcr otlierwise agree in writin�,tha sums saaum.ct by ;
<br /> d�is Seiy.r':y instrument shall be reduced by the amount of the proceeds multiplicd by the followin� frnctian: (01 tt►u totnl �
<br /> �unaunt.et:Chc swns securcd immcdiately bcfore thc taking, dividcd by (b) the flir markct vuluc�of tlto Pmperty immcditttely I
<br /> before l9� '�aking. A��y bnlanc�shall be paid to Borrowcr. In thc cvent of a parti�l tuking of tho Nroperty in which thc f:�ir :
<br /> rra:ukct. �•altic of thc Property immcdintely beforc the taking is less than die amount of tha swns securcd immcdintoly N��in�� tTi:�
<br /> taking. uriless 13orrawer nnd L.endcr ozher�vise agres in writin�or unless applicablc law othonvisc provides, thc�proccacta>fiu�l
<br /> be appliul to die sums securcd by this Security Instrumcnt vrliether ar not the sums are thon duo. _
<br /> if th� Pro�erry is abandonut by Borro��er,or if,Hfter i�otice by Ixnder to No�vo�ver thnt tha condomnnr offisrs to make an
<br /> award or settic a claim ior damages, Burrower fails to respond to Lender within 30 days aftcr ttto dc�ta thn noticc is givcn,
<br /> Le^�'�;r is authorized to collect nnd apply the proceeds,at its option,either to restoration or rcpair of tha Property ar tn the sums
<br /> secumd by this Security Instn�mcnt,whcther or nat thcn due.
<br /> Unless E.ender nnd Rorrower othcrwi6e ngree in writing, any applicution of praccedE to principal shnll nnt �xtend or �
<br /> postponc the duc d.�ic af tlie montlily payments refcrred to in paragraphs 1 and 2 or climige tha amount of such payments.
<br /> II 1.Borrowcr Not Relesised;Forbeurnnce Sy I.ender Nut a Walver.Fxtension of dta time For payment or moditicution
<br /> of amortization of the sums secured by this Security Instrument granted by Lendor to nny sttccessnr in interest of IIarrower shall
<br /> not op�tat�to release the liability of t'he original Barrower oe Norrower's successors in inten;st. L.ender shnll not b�requii•ul ta '
<br /> commence pcncecdings ugainst a�►y successor in interest or r�fuse to extcnd time for payment or otherwise mudify emortization ,
<br /> of the sums secure.cl by this Seeurity Instrument by reason of nny domund metiio by the orinim:li Aurrc�wer or Borrower's
<br /> $�µw�� jr=����t a n�fQ.M��l1,v h� 1 nnrlPp �in wxerrieina any rieht �r remc�+dv shcill not be a�vs.iver of or preclude the
<br /> exercise cf any right or remedy.
<br /> 12. Successars and Assigns Bound; Jolnt tu►d Seve�rai �.iability; Ca•s(�ners. 7'hu covenants and agreements of this
<br /> Securiiy!f.r.strument shall bind and bcnefit the succ�ssors and assigns of I.endor and HarrotivGr, subject to tl�e prnvisians of
<br /> paragraph 17. Borxower's oovenants and a�m.cinc�ta shall bc jaint and�sovr.ral. Any Barrowcr who oo-siBns this Security ,
<br /> Inst�ut�ient but does n4t execute the Note: (n) io ro-aignin� this Securityr TnsFnim9nt anly to mortguBe, gr�uit and convey that
<br /> Barcawcr's interest in the Property under the ter�s of this 5e,curtty Instnim�nt;(b)is nat personally obligated to pay tho suma
<br /> secured by this Sr,curity inst�rument;and{�)�gn,�;s thpt Lendor and any other Borro�vor may a�ree to cxtend.modify,forbear ar
<br /> �nake any accommodntions with regtu�d to the t�rms of this Sc:curity Instnt�rient or t{io Nnta without that Borrower's cnnstnt.
<br /> 13.I.oan Chs►rges.If the loan secured by this Security Instrurnent is sub}eci to n In�v which sets�iiiucimum loan charges,
<br /> and that law is finally interpreted so that the inter�st or othcr loun chnr6a; callected or to bc collecte.d In connection with thc
<br /> � loan exceed the permittcxi limits, then: (a)any sucj�loan chargp sh�11•l��ra�uced by the amount uecess:�y to rtcluce tho charge
<br /> to thc per�aiitted limit; and(b)nny sums ulready collected fmm�l3arro�va.r wi�icli�xceeded permitted limits wjll bo rafunded to
<br /> Borrower. I.eiider may choose to make ehis refund by r�rh�r3ng din principal owed under the Note or by makin� a direct
<br /> paymcnt to Borrower. If n refund reduces principal, the IL'dilCtlbtl wiu bc treatcci as a pan;�d p�vy�.y��.::��� w;t���uc ��y
<br /> prcpayrocnt ch:.rgc undc:thc Notc.
<br /> I4.Notices.Any notice to Burrower provided for in this Security Instrua�eiit shall bc given by d�liverin� it or by mailinB .
<br /> it by first class mail unless applicable law requires use of a�iothcr method. The noticc shtilt bc directed to thc Property Address
<br /> or any other address Bozrower dcsignates by notice to Lender. Any notir.e to Lender shall bc givrn by tirst cinss mail to
<br /> Lcndei e address stated lierein or nny othcr address Lcnder dcsignatcs b� notice to Borrowcr. Any notice providnd for in this
<br /> Sccurety Inst►umcnt shall bc deemed to have bccn givcn to Bottower or Lender when given as providcd in this paragraph.
<br /> YS.Governtng I,.nwi 5evernbility. 'fl�is Security Instcumcnt shall bc govemed by federal �aw and the law of thc
<br /> juri.sdiction in which the Property is located. In the event that any provision or clause of ttiis Security Instru►nent or the Noce
<br /> ' conflia:ts widt applicable law. suc6 conflict shall not effect othvr provisions of this 5ecurity Instrumcnt or the Note which can be
<br /> given effett witl�out the conflicting provision.To this end the prnvisions of tliis Security Instrument�uid tlie Note are declared
<br /> to be severubte.
<br /> . � 76.Borrawer's Copy.�anower shall be given one conformcd copy of rt�e IVote nnd of tl�is Sccurity Instrument.
<br /> Form 3028 8180
<br /> Pepo n or e
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