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<br /> p.iymcnts mzry nn lungcr bc requircd.at d�c option uf Lcnd�_r, if mortgagc inyurancc mvcra��c lin U�c urouunt nn�l iin•ilrc�t�riiicl '�.
<br /> tie:d I.c��d�r rcqair;s)pr���s�.lM.!!�y����incurcr�9l�rcwaf by l.cndcr aga�in hccoitiic�uvailut�lc und is ubt.�incd. l3orru�vcr shnll pay __
<br /> titc premiums rcqu�red tu mt+in�nin mongngc insuruncc ia cffcct,crr to providc a los�res�rvc, undl thc rcquircmrni lin iiio��gaga
<br /> insutance crids iii nccordancc witli nny�vrittcn agrcement betwecn i3orrc�vcr und Lcndcr ur applicuF�lc luw. ,
<br /> �.Inspccilo�e. I.endcr or its a�;cnt may m:ikc rc�sonablc cutrics upon u�id ii�sp�ctionti of thc Pruperty. l.cndcr tihnll gfvq _
<br /> L�orrawcr nniicc at dic time of or priur tu un is�+{'�:ctiun s�secilying masonablc r.iusc for tltc inspccti�m. _
<br /> 10. Condcmnntlon. 'Phe praceeds of uny�wurd or ctnim for dumages. direci ur cnn�equenti:d, in connertion with any `
<br /> condcmnation or othcr takinB of xny pan af thc Praperty, or for convcynncc in lieunf cnndcmn:tlian, nrc hcrct�y ussigncc!und
<br /> shall bc paid to Lendcr.
<br /> In the event of a total taking of the Prup�:riy, the procecds shall be applied ro ti�c sums secured by tl�i�Security Instnament. _
<br /> whether or not thcn duc, with any exces�paid to Borrawcr. In tl�e event of a partial taking of the Property in which thu fuir
<br /> market value af the Property immediately before the taking is u{ual to or;rcittcr th�n �he :unnunt of the sums securcd hy thih
<br /> Sccurity lnstrument immediately before thc takina, unlcss Borrowcr and Lcndcr othenvisca�rcc in writing, thc sums sccur�:d by
<br /> this Security Instrument shall be reduced by the a�nount of the proceeds multiplied by the following f'ractinn: (a) tha t�tnl
<br /> amount of the sums secuced immediately lx.fore the tnking, dividal by (b)the fc�irmarket vulue af the Propeny imme�iintnly
<br /> before the taking. Any balnn�c shali lr paid to Borrower. In the evcnt of a pareial takin� of tlic Property in whict� tha f��ir
<br /> m�rket value of the Property immediately 6efarc the taking is less t�n�dn thc amount of eha sums sccurcd inmiecfintcly bcforc t1�r
<br /> taking, unless aorrower and[.ender othenvise agrce in writing or t:nless applicnblelaw otherwise provides,the proceed�,tihi��l
<br /> he apPlied to the sums secure�!by this Security Instrument whether��r not the sums ar�el�en due.
<br /> If the Property is absr.doned by Borrower,or if,after notice b}•L.ender to Bortower t9�nt the condemnor offers to makc an
<br /> A�vard or settle a claim for damages, Borrower fails to respond tu I.ender within 30 days after the date tha notice is gi<<en,
<br /> Lender is tiutfioxi2e.�1 to collect a��d ayply thc proceeds,at its option,:ither to resroraiion or repair of thc Property or to th«�ums
<br /> securetl by this Security Instrument.whezher or ndt then duc.
<br /> Unless Lencier a►nd T�orrower aiherwise agrae en writing, any� applic�titiou of proceeds to principal shall not oxtc�nd or
<br /> postpone the duc datc nf the monthly pnyments refrrred to in paragraphs 1 an�2 0�change thc amount of such puyments.
<br /> 11.Borrower Not Relcased;Forl�enrance By Lender Nut n Waiver. Extcnsion oF the time for paymont or mndi�cation
<br /> of nmortization of the sums secured by zhis Security Instrument granted by Lender to any successor in intcrest of Bnrro�var s!�all
<br /> not operate to release the linbiiity of the original Bonower or}3�rrowcr's successors in interest. Lender shull nat be requi►kd to
<br /> commence proceedings a�ninst any successor in interest or refuse to extend time for payment or otherwiEe mndify a�norti'r.utton
<br /> vf the sums secured by this Securiry Instrument by rcason oi nny dcnr,u��i uinua ;y t:� �ribi�ts! BLr.^r;=.�r ^T �Jrr�iwrr's
<br /> successors in interest. Any forbeac�anc:e by Lender in Gxercising nny right or rcmedy shall not be a wt�ivee of or prcclude the
<br /> exercise of any right or remedy. •
<br /> 12. Successors snd Asslgns Hound; Joint nnd Several Lfabil[ty; Co�signers.The covennnts and a�rcements of this
<br /> Security Instrument shall bind and benefit the successors and nssigns of Ce;ndor and Borrower, subJoct m 24ie provisions of
<br /> paroIIraph 17. Borcowcr's covenante and agreements shall be joi�t and sevei�►I.Any Borcower wha c:o-signs this Security
<br /> Instrument but does not execute the Note: (a) is casigning this Security Instro�me�t only ta mortgnge, grant and convey that
<br /> �orrower'S interest in the Property u�der thc terms of thls Security Instrument;(3�)is not pe�sanally obligated to pay th�sums
<br /> secured by this Security Instrument;und(c)a$mes tl�at Lender and any othcr Borro�ver may�grce to cxtand,modify, forbeur or
<br /> mnke any accommodations with regard to the terms of this Security Instrument or�he Nate without thr.t Aon•ower's consent.
<br /> 13. LoAn Char�es.I�the loan sec:ured by this Security Instrument is subj�rt to p law which sets mRximum loan churges, .
<br /> and thut luw is finally lnterpreted so that the interest or otl�er loan charges wllec�ed or to be collect�xl�in,connection with thc
<br /> loan exceed tho permitted limite, then: (a)any such loan charge shall bc reduced by the uznannt ns.cessary to reduce the charge
<br /> a.. _��__._a c�,,.,, u,.....,,.. . h:�ti �.�w�Anri nar��ittrrl li�nitc will hr�ofilfldCtl[cl
<br /> IO I�C pCCffll[IC(1 I'.ITII[;3llU(0)Ally �WII+ulttauy wuw�w.wu......�...�."..::'...... ....
<br /> Borrower. I.cnder utay choose to make this refund by reducing the principal uwed ur��4cr the Nato or by making a direct
<br /> payment to Borrower. If a refund reduces principal, the reduction �vill be �rcated as u parti�3 pr:;payment withaut any
<br /> prepayment charge undcr the Note. '
<br /> IQ.Notices.Any notice to 8onower provided for in this Securiey InstrumeYUSh211 I��Fivcn by dclivcring it or by mxiling
<br /> it by firs2 class mail unless applicable law requires ase of anotlier method.The i�aicc shs.71 be directed to the Property Address
<br /> or any other address Bvrrower designates by notice to Lender. Any notice to Lcnder shall be given by Crst class mait to
<br /> Lender's address stated hercin or any othcr addr.:as Lender designntes by nntice to Bottower. Any notice provided for in thls
<br /> Sccurity Instrument shall be dcemed to have becn given to Borro�ver or Lendar w�en given us provided in this puragraph.
<br /> 15.Govertaing Law; Severability. This Sccurity instrument shall bc govexned by federal lnw and the law of tho
<br /> jurisdiction in which the Propeny is locatsd. In the evcnt thut any provision or clausc of this 5ccurity Instrument or the Notc
<br /> conflicts witl�applicuble law, such contlict shall not affect other provisions of thisSecurity lnstrument or the Note whieh enn be
<br /> given effcct without the conflicting provis3on.To this cnd the provisions of this S¢curity Instntment and tlte Note are dcclared
<br /> to bo severnble.
<br /> 16.Borrower'y Copy.Borcower shttll be given one confm�ned copy of the Note and of this Security Instcument.
<br /> _ Form 3026 9100
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