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<br /> ! 4 palnnenis may fto longer bt requiroa,at tAe aption of i..erder.if Rrortgage insurance coverage(in the amount ar.d for the periad �
<br /> �---`
<br /> � that Lender requires}provided by an insurer approved by Lender aga3n hecomes available and is obtained•Borrower shall pay �,
<br /> thc.premiarns required to m�intain rnort�age insurance in effect.or n�pmvide a loss reserve.until the requirament far mortg��e �y.
<br /> ;��—�- Ittasrst;�e,s=�s in�ccordastse�vith any��+ritten ar�reemea�t�d�veer►Borrotie�er and Lender or applicabte law.
<br /> .` ".�-:�
<br /> A. i�g�cEEma. I.€nder or its egent ntay m�fce reasonable entries upon nnd inspestions of the Propeny.Lcnder shail give �
<br />` 5:•� Bcnrawer natice et the time of or prior 3o an inspection specifyi�as reasonable ralse for the ia�pection. __
<br /> � I0.Condem[satdatt. The proceeds of any award or claim far�amages. direct or rnnssqucntial, in connectian with any _
<br /> • carutemuauan or oiher takic+�of any part of the Proper�y,or for convcyance in lieu of cun�emnati�►n,are hereby a4si�Cd and �-_:i
<br />� ..;� shall be paid to Lendcr. Q_-,,:..
<br /> �'• in the event of a rotal taking aP the Property,thr procecds shall be applied to the sumti secured by this Security Faswm.nt. ----
<br /> ' �hether or nat then dup. with�n3+ exces�paid tu Borrowcr. in the event of a partia9 caking of thc Praperty in�vhich the f�ir �'�°
<br /> �_-�
<br /> - - markcf value of th2 Property immE•diauty before the�4cing i��qua!to or�reuter than thc amswni of ehe stuas s�cur,A by t�is �,_;
<br /> � Security Instnament immeQiatety before the taIcing,unless 8orrower and Lender othen++ise agr�in wciting,the sams srcaued by _ .
<br /> this Sezvrity Instrurr.ent shall be reduced by the amaunt of the proceeds multiplied by the foilo�ving fraction: (a) tiie toial
<br />:r�'��` amouui of th:sums secared immediatefy before the taicing.divided by(b)the fair markei value of the Progerty immEdiatdy �
<br /> ��';`;f, before ths ta.king. Any balance shall be paid to Borrower. In the event of a partial tafsing of the Property�n whid�the fair —__
<br /> ' �`"�� markei vatur of the Property imm�tiately before the taking is less ti�n the amnunt of the sums secured ianntediatety before the �`
<br /> ,si�H,.
<br /> takiag. unless Borro��+er an�Lender otherwise agree in writin�or unless applicable law ottrerwise provddes,the prooeeds sha11 _
<br /> : be applied to the sums secured by this Secur�ty Insuumeut tivi�EEr:.r or nat d7e susas are then due. e��°
<br /> '� If the Propert3+i�abandoaed by Borrower.or if.after trct�ce by Lertder to Borrower thai the wndemnar offers to make an
<br /> award ur settZe a claim for damages. �orrovrer fails to r�scn.�to Leader v�thin 30 days af�er the daz$the aatice is giv�e. ��.
<br /> Lendes is authorized to coltect and app:y the pmceeds.ai its a�iian.either ta resioratian or repair of the Property ar to the sums --_--
<br /> secured by this Security Instrumen�whether or not then due. �-
<br /> Uatess(,e��ter and Sorrower othenvise a�in writing, aay apPliraoion of prcxeeds to pr'sas�ga! shull not extend or �
<br />� �.' past�er�the dae dace of i�e 3�arst�`•ly�a'yaenis refemed to in paragraphs 1 and 2 or change the amotuY vf such gaymen�s. —_•�-
<br /> fi8.Bonav�er Not�;Forbea�nce By Lendar l�Iet a Waiver.Eateasion of t3�e rime for payment or�dification ��,
<br /> . of a�r�ga ef t��s s�s.rod by tbis Security Instivment gtar►ted by Lecder t°��s�oess°r in"tnter�st of Bunuwer sl�all --
<br /> aoi oge�t�c�.'�u�t�ti2bility of tha original Borrower or Bflrrower's suw�sors in interes�Lender shall aot be reqture�to —
<br /> � commeuce�r�against any successor in inteTest or refuse to exte�d�e for payment or othetwise modify umortization =
<br /> � . of the �a.°a��� �y tl�is SecuritY Inst�ment by c�ason of any de�made by the originaE Borrower or Borrower's _
<br /> . - su�;in intemst. Any forbearance by Ixnd��in exercisin;any rigbt a�r remedy shall nat be a waiver of or preslude ahe . -
<br /> exercisa of any right or remedy.
<br /> : !2.Successofs and Asslgns Bound; doint end Sevesal Uabllity: �'..�es� Ttie coverranu azid agreemems of this � `~"'�`
<br /> . � Security Instrument shall bind and henefit the successors and assigas Q�f�s�r aed Borrower, �ject to the pravisions uf ,�';�.�t
<br /> � ,,, P�g�Ph 17. Borrower's wvenants aRd agreecnents sAal1 6e jaint aad �:v�al. Any Eorrower er(�r� co-signs thia �aauitY•. ;;:���'
<br /> ` Instnunent but daes not execute the Note: (a)is co-signing this Securiry Instc�t:at ar�11'to mnnBaga. grant aad oonvey tL2t- ::;,' .: �`fr:.``
<br /> Borrower's interest w tfie Pcoperty under the terms of this Security Insmim�nt:(3) 'ra.m;e�.,�rsanally obligated to pay the sums ; "°`""'
<br /> forbear or .l���yi
<br /> secured by tlris Security Instr�mes�i:and(c)agrees th3t Lender and aay at�:.*�ar���-�y agee to extend,modifY, ._-
<br /> ' �� make any accoas�c�adons with rega4d to tiie terms of this Securiry Insm�.'r�.=or che Note without Wat Borrowee's.consent. ;°
<br /> I3.Loan L�es.If the loan sec�red(sy this Security Iastnunent��:a�i�;�ct to a law which sets maximum toan cfiargw.''..;�:`' . .��:..'
<br /> �� anct ti�c!aw is��inu�preted so that the interest or other toan char��ca!lecaed oa to be collected in cormection with the � ,• , �,,..
<br /> � t���.red t3se�autted linai�,.then:(a)any such loan char�e shall 6e reduced b�ti�amoam cro�ssnry to reduce the chasge �Q�
<br /> '� • to t�c q�s,.'rmittec!G�t;and(b}.�;�sums already cotlected from Bnrrower wlrich ex!xi�l�pemt�ttod limiu will be refunded to. .� . . �
<br /> •�:; , Borrowes. L,er.�w�,r.;.�Y chaase ttz�•ieaJce thif,refund by reducing the peir.�ipal ow�'c einder the Note or by maYing a d'uecc.'.. .
<br /> . payt�t to Barfower. If a nf� c�a.v'�s�Srf.-�cipal, the reduction v.ri,tT 6e treat� as a paileal�6reFaY�ier►t v�rithaut any �'. _
<br /> • , pra�,u��t�:c}E{:arSe under the iVat�- • . . . °"__
<br /> '---.. �: i�o�l�ia'Y,ec�.My notice to�rrower provided for in Bn��ecurity L�us�enc�fu's3�i�given by delivesing it ot by nnailtng ----
<br /> �. , it by�s'st'stass i�t•untess applicable law requires use of�.ii5:�e rnet�ad�.:�'he aouc�s�i�l Be d'uected to the Property Addre'ss _
<br /> or a�r atta:r�i�s Bonotver designates by notice to L�eur9i�. A-^-I�rn",�cite to Lender s3�a11 be €,iven 6y.15rst ctass mzit w •.
<br /> ,: I.ender's ad�::;?�s�ted herein or any other address I.eadeF+t�signat�s by notice to Bonovrer. My noti�e pmviQed for in thi�:�. ,
<br /> ; „ Secut;x-a lnstn.�t shall be deemed to have been given to 1#r;,csTawer or Lender when given as prmrtded in this pazagraph: ��; ,
<br /> , •�.Gove�ing law; 5ever�bility. Tuis Secvrity Usb�t�_ment shall be gaverh� by f e de t a l !aw a n d t he l aw o f t h e�'
<br /> iuri:�t?��ion in wfi�ch the Propetty ls lacate�.In the event ti,:.h any provision or clause of this Se�urity Instcument or the Nate,,:
<br /> , � • u:rct`�MS with a�H�:;�s:ble taw,such conflict shall nnt affect other pravfsiqnr.�af this Security Insuument or the Note which can b� ; �
<br /> � • �� �r �„ .�,�n effect withL7:it ehe wnflicting provision.To this end the provibfo�vs�r,f this Secusity Instntment and the Note aze declared ,'
<br /> .. °. . 4,a�I�Y:�everuble.
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<br /> �� I,.<S.Borrowe�'s Copy.Borrower aha11 be given one conforme�l cQ�y of the Note r,n.d of this Securlry Instrument• �;;.�
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<br /> � Form 9028 9190
<br />. , , _ , � Vege 0 of 6 .
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