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<br /> paym�ss may no longer 8e requimd, at the aprion of Lender,if�ortgage insa�ranse cover�e(in�the�am�nnt ajtd for t4ae periai _
<br /> thtu Lender requiresl provide�by an ins�rer appmved by l.ender again b�:omes availnble and is obtaine�. Iio�wer stiall�ay _
<br /> ��`� the premiums t+e�ired to ma€ntain mangagQ insurance in effect,or to provide a toss reserve.until the requirement for mongage _
<br /> inwrance end�iu�ccnrQaffie�vid�ar►y arittea asaeemens bex�'rcen 8orrow�r and i.ender or applicable Iaw. -
<br /> 9. Inspeeif+�n:Lender or its agent may matce reasona6le emries u�on and inspections of the Prope4ty.Leader shall give =-
<br /> 8+oaocves notice aY the tu¢e o€or priar ro an inspection spacifying reasonable cavse for the inspecrios. __
<br /> 1li. CoademnatHna.The proce�.s of any award os ciaim for damages. direct or consequential, in oonnectioo with any -
<br /> condem�ation or other taldn�of any �art of the Property.or for conveyance in li�of oondemr�ation,are herchy assi�uec!�ed =
<br /> shall be paid tn[.ender.
<br /> In thc eveni of a 4ota!taking of the Prog�rty.the pnaceeds shall be appGed to the sums secured by this Seairfity Instrument. -
<br />- whether or rto!th$n dus. w'sth any excess paid to Bonower. In the eveut of a parUal taking of.the Froperty in which the fair =
<br /> - mar�et value of the P�perty imm�di�ety before the ta.�ciag is eqt�ai to or greater dt�the amatcnt of ihe sums ssa°uteti by t�is -
<br /> Secarity Insuvment ia�medateiy before tbe taidng,anless Bnrrower and Ixauter atherwise agree in writing.the sums sewred by =
<br /> th�•Sec�uiry Ins�rument shalt be reduced by the aynownt of the proceecis multiptied by the follnwing fraction: (a) the wiul
<br /> aYaount af tha sums secut+ed immediately before tbe eaking. divided by(b)the fair rna�ic�vaic:�of tfie t�roperty ur�edlately ��`
<br /> befora the taking. My bnlaacr shall be paid ro Bflrrower. In the�veai af a p:utiril taking of the Pro�serty in wLich the fair
<br /> � market value of tha Ptss�s�[ty fimmetliately before the taking is less tfrau tite�qf the sums seaued immediately before the �
<br /> taYing,�nlnss Bnr�ower�,-Leader othenvise agree in writing ar.+�3:.��fia��a lacv othere�+ise provides,the praceeds sball �
<br /> ` . be applied ta dtc snms sesurzd by tbi5 Sewrity Instrument whether r:�m�t the s.:�s aa�then due. �_
<br />`�:�� If the Froperty is abandoned by Borrower,or if,aRer notice�sy Lgnder ta 13arrower that the contiemnor offers ta m�&e.�
<br />�-�' � a:,rard or seitte a claim for damages,Borrower fnils to respoad so Lender�ia1�30 days after the date the uotice i's�iw�, �=
<br /> "` ' I.ender'ss wthoiiied to exzlfG:ti.a� the �
<br /> . "M1 �ty pmceeds,s►t its aptiaa,either to rcat:^`^r�iaa or iepair of the Fi�3y or to the swns __
<br /> secumd by this Security Instn.uII�t,�heiher or aat then due. . . i`-
<br /> • UNess Lender and Bomnver'�t�wise agreE in writin�, ar,�� a�glicaiiou of prooee�t�principal shall not extead ar
<br /> pastpone the due date of the momf�`�nents referted to in patag�p3is 1 and 2 or change the amount of such paymenu.
<br /> � !I.Borrow�Nat Er1t�f�lt�c�garaace By Leader Noi a�Yoiv�.�nsion of the tume for payment or madificaiion -
<br /> of amortiiatian of the���.�l`ry ttus Security Instrume.nt grdnted by L�er to aay saccessor in interest of Hoaower sha11 . _
<br /> ant operate ta t�lease the i�abifity o€�ue origitnl Borrower or Borrower's su�rs in intecest. Lender shal!not be required to
<br /> �' ` commence pm�dings against any s�coassor In interest or iefuse to extend time for payment or othervvi�e modify araorti�hu�n
<br /> .•f.�� of the snms s� by this Security Inshvment by rpson of any demand made by the original Borrower or Bort�'�ei s "
<br /> ':�•�r`.".' successars in inte�rest. Any forbearance by Leader ia exercising any ri�ht or remedy sha11 not be a waiver of or preslud^.the �
<br /> extreise of any rigiu or remedy.
<br /> la.Sac�essors and Ass9gus Soand;doint� Several Lfabillty;Caslgners. The covenanu and agr�nis of this
<br /> . Security InsYivmeat shafl biud an�bienefit the successo�s and a��s of Lender and Horrc�t, subject to the proalslasrs;.�;�f -
<br /> ,. ' �aragaph 17. Borrow�er's covenrnt�� agreements shall be j�i��3 aasl seveial. Any Bon-e��er who co-signs this SF.±ai�ciY� , �
<br /> .` • Ie�sCUmsnt but does not exocute the Aote: (a)is co-signing this Sa:rs:ty Instnumem only to mnrtgage,grant and oonv�rtt�i �"=_
<br /> Borrower's interest in tha Property uader the terms of this Secvrity Instrument;•ais)is not personally obliga4ed to pay the 5.ims ::.i1;,
<br /> secnreti by this Security Itutrument:au�d(c)agrees t6at Lender aad.any other Bonrower may agr�to catend,modify.forb�r or • _
<br /> ;-:;:;� malce any aa�ommodations with regurd ta�thc tem�s of Wis Secuat;�:$astrument or the Note.w�:aut that Borrawer's conse;�t.. ' `
<br /> - �3.lunn Cl�arge�.If tine loan se��xd by this Security I�.zwment is snbject to a!aw v�'�ch sets m�imam loan r��es.
<br /> � � .:r and that law is fii�ally interpreted so that the iaterest ar other loan charges wllected or to be co1le�Red fn conu2ction�the •-
<br /> �.:5 toan exr.czd the permitted llmits.thea:(a)aay sucb loan charge shall be reduoect by the amount necessary ta r�3n�the chasge
<br /> to the pemntted limit,and(b)any stims als�a�dy co1Is��from Boaower which exceeded pemuttPd limits will 6o refimded W
<br /> • ��'�j Borruwer.Lendes may choose to mnke this refund By reducing the priacipal owed under the Note or by maldng a diract
<br /> paycnent tu Borrower. If a refuad reduacs principal. the reduction will be treated as a partial prepayment without any
<br /> ':� P�PaYment.charge imder the Note. .-
<br /> � ��x 14.Notfc�s.Any nodce tu Bomower pravided for in this Security Instnratent shall be given by delivering it or by maUfng
<br /> ie by first ctass mr31�unlass npplicabl�law requires use of another method.The motice shall 6c d'ue�eted ta the Pra�paty Address --
<br /> or any other add�ss Horc4wes designates by notioe to Lender. Any notice to Lender shall be giveo by fi�st class m�il to
<br /> l`'��. L�der's addrrss statad herein orany other acldress Lender desigautes by notice to Bortnu•er.Acry notiaa provided for in this
<br /> SecurIty lnsuvment shall 6a deemed to have been givea to Bonow�r or Lender when given as provided in this paragaph.
<br /> •�. � ' 1S.Govanit� I.�w; Seveirabilfty. This Seturity.Instrument sTiail be governed by federal law And the law of the
<br /> jurisdiction in whIch t1re Prapesty is located. la tiie ovent that aay yrovision or clause of this Secwlty Iu.�:au.�nent or the Note
<br /> conflict5 with applicabte law,s�ch cantlict shall not c�'fect other provisions of this 3ecnrity Instrumeat or th;Nate which can be �
<br /> ' , given efifat tvithout the o�nflictirtg pmvlsion.To this end the provisions o�this Security Irttt�c-rment and the Note are der.lared
<br /> to be sevembte.
<br /> ' 16.Bormsve�s Copy.Bormwer ehall be given one confor�tad copy af th�:U.ote a�z�cf tlris Security Insuument.
<br /> � Form 3028 8190
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