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<br /> �� a ments may no long¢r be raquired.a2 the optaon of Lender.if mo�tgage insw�ance cav�'��in dii�oun��n�tor th��ri�d �''
<br /> . PY �_
<br /> i`�-, ' that Lender requires)pmvidrA by an insurer approved by I.ender aga'sn beoomes available and is obtained.Burmwer sh�.11l p�ay !�'��
<br /> ' . �:�prem�ums reyuired to maint�ln mortgage insurance in effect, or to pmvide u loss reserve.�ntil the re�uirement for mortgage —
<br /> tnsurance ends in accorda�ce cvith any written agrcecaent beiween Rorrower and Ixnder or applicable law. �-:��
<br /> �- - 9.Enspee�an. l.eader os its a�tnt may mat.e reasonabie emries upon ased iaspections of the Psoperty.Leuder shall give -�__
<br /> ' Borrowgr n�utice at th�time of or priur to an incpecaon specifying reasonable cause for the inspeccion. �._,•:=
<br /> 10.Co�demnation. 'i'he proceeds of any award or clym for damages,direct or conse9uential. in connection with any �_,�-=-
<br /> '-,� candemnation or other ta�ing of any part of the Froperty. or for conveyance in lieu of condemnarion,are hereby assigned and ;�-_--
<br /> ---F� shati be paid to Leader. �`�,�
<br /> � In th:event of a total taking of the Property,the pr�s shall b�aPPlied to the sums secured by this Security Instr�mrus. �,�
<br />`::r,,�: wheth:r or n4�then due. with any excess paid to Bomo�r. In the event of a partiril taking of the Property in whirh the fair - _
<br /> matkei va(c�x of the Property imme�iat,ely 6efore the taking is equa!w or greater than the amount of the sums secured by this
<br /> . Securiry Instrument im.�ediat�ly before the tr�ng,unless Borrower aud Lender otherwise agree in writing,the sums secured by �
<br /> this gecurity Instrument shaU be reduced by the amount of the proceeds multiplied by the foAowing fracrion: (a)the tot�l �r�_
<br /> • amoun!of the sums secured immediately befare the tala�eg,divid�by(b)the fair mazket value of the Properiy imm�inLely �?�_'-
<br /> 6efote th�taking. Any balance shall be paid to Borrower. fn the evesn of a partial ta►sing of ch�Property in which the ftuc �^°'„_
<br /> •4! marlctt vaiue of the Froperty smmediately before the taking is less than the amount of the sums sec�ued immediately before the �
<br /> talmng. unl�s Boaowzr and Lender otherwise agree in writing or unless applirable ls.y otheravise pmvides.the pmceeds shall �
<br /> ` be applied to the sums secured by this Security Instrome�rt whether er aat the sums ar�s ttte�due• . �"�`
<br /> . If the Froperty is abaadoned by Borrower,or.if,after notice by L,ender to Boaower that tl�e�ondemnor offers to make�n �_�•
<br />� aurard or seule s ctaim for damages. Eonower fails ta,r�sponrl to 1-ender vrithin 30 days after:he dare the uotice is giv�, __
<br /> - Leudef is authorized to onllect and apply the proceeds•at its option,either to restoration or repair di the Property or to the sums �
<br /> . �by this Seauity Insuament,wheiher or not tben due. =—
<br /> ' Uniess Lender and Borrower oiherwise agree in writing. any application of pro�:v:� principal shafl not extend or �__
<br /> � postpnne tbe due dace of the monthly payar:uf:x s+afemed to in paeagcaphs 1 and 2 or change�n���;�:nt o f su c h payments. �..��.__T_';,
<br /> - U.Borrower Not Released;FsrioPUrunce By Leud�'No4 a Wt�iver.Extens�ion af t'�z:��for pa}+ment or modification �-,_
<br /> . r.,,._ ,.
<br /> of amo:tisation of the snms secured by this Security Instrument granted by Lender to any successor in interest of Borrower shall
<br /> .' "- not aperate to retease the tiabiliry of the original Borrower or Borrower's saccessois in interest.Lender shall not be reqnired to —
<br /> commence proceedings a¢A1 St any sucoessor in interest or refuse to eactend time for paymznt or otherwise modify amortitation _
<br /> ° � of the sums secured by this Security In�umeat by reasan of any demand made by the origina! Borrower or Iiorrower's �'''�•
<br /> � '•'•' successors in interest. Any faTbearance it�A.cnder in eaercising any right or remecly shall aat be a waiver of or preclude�.� -
<br /> exerdsc of ar�r��6t or remedy. r.'°`.�
<br /> :'•' :•. �3.i S�andi .�gas Bonnsi;Joia3 and�evera! Uab€lity; Ca-sfgn�rs-The covemdnts and agreements of this .
<br /> ' Sacurity Inst�►�t shall C+3utd and beneft the suoce,.��rs and assigns of Lender�.3 Borrower, subject to th�provisions a£
<br /> �1+�:�," Paragrapb 1'�.3Borrower's cavenants and»,�'esmenLs shall be joint and several. Any Borrower who co�signs this Securi�y-
<br /> • Instrument br,�daes not e�cecute the Note:(a) is oa-sigaing this Seewity Instrument only to mortgage.gcant and convey t�t —
<br /> Borrower's i�pterest ia the Property under d►e term4 of this Security Instrument;(b)is not personally obli�ed to pay the s�m�s ,
<br /> " . secunod by this Security Insuament;and(c)agree.s that Lender and aay other Borrower may agree to extend,mod'afy,forbear or �..°=
<br /> ' maue any aoCOUi.'a�d�tions with regard to the terms of this Security InstruYnent or the Note without that BorroweQ's oonsen� �
<br /> -'' � 13,1,egip:tC(sp;gcs.If We loan secured by this Securiry Insm�ment is subject to a law which sets maximuta loa�cl�arses,
<br /> •,t,.
<br /> . and that law i��nally interprete�so tUat the interest or other loaa�..�es coAeded or to be collected in connect�oa with tite . �--
<br /> . � loau exceed�.pemntted timiu.then:(a)any such loan eUarge shatt ba reducad by the a�ount necessary w reduce the charge �.._
<br /> . :W,the peinuttad simit;and(b)eny sums already collected ftom Borrowea whicb ea�ede�permitted limits will be refw�ded Yo _.__-
<br /> � ;.:��-r�ver. I�d� may c�,�r-,;to make this refund by reGucing the principal oa�r3 under the Note or by malring a direc2 —=-
<br /> .'�,a��,,�., ',ayment.W l3tft�x*3wer. If a refand mdaces principal. the reduction will be veated as a partial PrepaYment withait any .
<br /> prepayment c��under the Note. �� :
<br /> • 14.1Vatlot�.Any notice to Bomower pravided for in this Secarity Irserument shall be given by deliveimg it or by��ig �'_`��
<br /> • •it.by fiist ctass m�il ualess appiicable law requires ase of another method.The notice shall be directed w die Property Address � `.-
<br /> . ,,r�ann�r other addn�s Sorrower designates by nodce to Lender. My nodce to Lender shall be given by fr,�.slass mail to _
<br /> � Ii�.�der's addrt:�.s satcd herejn or auy other address Lender desIgnates by nodce to Borr�wer.Any notice pravided for in this ..�-i:.
<br /> �• ��curiiy ias(smn�t shall be deemed to have ban given to Borrower�:Gender when given as provlded in this parag�aph. _
<br /> � ':,�z'._'< . . . � �9.,E3��+�rasing I.sw; Seserai►ility. This Securiry Instrume� .�issz:! be govemed by federal tew and the law a,iLr�e _..
<br /> ::;;��;y: . ,�tstiid¢ion�in wluch the Fc�aypert�r is located. 1n the event that uny p�',5=�ic�a aT dacase of this Serurity Insuumettt or tfie:�ote
<br /> .;'=�4. �a3�c f l icts w i t h a p p Dica b le t�z�,suc h co n fli c t s,h a ll n o t u f f e c t a 2 h e r p r o v i a:,r v�x o f t j h.'e s s�a i ri ty I n s t r u m e n t o r t be r�a e a r h i c h c a n 6e !�
<br /> .. ��.•v.' gi�en effect withoui the conflicting provision.Tfl this end the pmvisier,s of tPtiy�+ecurity Insttvment and the i�'ft'w are declated ___
<br /> :; .'.;�. � to be sevemUl�. �=�•
<br /> , . 16.D:arro�r�r's Copy.Borrower shal!be given one coaformed cx��+of the Note and of this SecurIty Instrument. �
<br /> fortn 3028 9190 —
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