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<br /> payments may nv tonger he required.at the aptian of Ler�dcr.if mortgage ans�rance coverage(in the amo or e g�riod • —��
<br /> �gat I.ender mqu'�res?P�����y SII���p�'roved�}+I.tnder again bac�mes available and is o6tained.���Er shal!pay ��cc_:..
<br />.. , ��pf���q��d�o maintaim mortgage insurance in effect.or to provide a loss reserve.until the reciu�m�ent for mortga8e �;__,_
<br />:.�•.�� insurance emds in acco+tiancE witta sny s�'st�n a�`r�'nent�'�$Q�Ower and I.Ender or applicabte law. .`T_
<br /> 9.Ins�[on.Lender or its agent mmay make neasona�le entries ugon and is�pecdons of the Property. Lender shafi�ive Y� Y
<br /> .� ��!.
<br /> Borrower notic�at the time of or grior to an iaspectiQn specifY�ng reasonuble auise for tha inspectiou. �._,;=-
<br /> - 10.Condemnadon.'Che pmceeds of any award or claim for damages. direct ar consequential, in canaeciion �vith any ���:
<br /> condemnation or oti�er taking of any part of the PropertY.or for conveyanse in lieu of condemnatinn• are tie�Y�'��an� �.��.'T
<br /> shall be paid to Lender. �
<br /> ��,�:�,�Qf 3 r�,tal rakine of she PropercY,the proorxds shall be applied to the sun�s secured bY this Security Instrument. �� ~
<br /> o€ua .z�h'�.h�f?ir
<br /> ' whetfier or not then due.with any excess paid to Sorrower. !n the event oi a Qartiai�in8 �"�'i '' e: , •
<br /> •• us�r[cet value of the PropertY immediately Eefore che taking is e�ual co or greater than the amount of the sums secured by ttris --- _-
<br /> Securiry Instmmen t i m m e d i a t e l y b e f ore the takin g,unless Eorrower and Leader otherwise agree in writin�,the sums secured by ��•-�:�
<br /> , this Security Insdvment shall be reduc�d bY the amount of the procx.eds multiplied bY the following f r a c t ion: (a) t he t o t a l �-.-,::�;
<br /> ' � amount of�e sums securefl immediately before ttne tatdng.divided by (b)the fau ma��vnlue of the Property immeaiate�Y o-�*
<br /> � before the taldng. Aay balance shall be paid to Borrower. In i�he event of a partial taking of the Property in wtuch the fair
<br /> �:.
<br /> market value of tlie Propert}+immediatelY be�ore the ta��►g�s less Wan�he amount of the sums securcd imme�iately before the �z.
<br /> talvn�,unless E�t�cower aad Leuder othervli�a�+ee in writing or�less applicable law otherwise pravides, the pmcezds shall �:;�
<br /> — ��l�•�ro the sams secure��y this Se�r.�..�}Instrum�ent whether or nia�t the sums are ttcen due. ��
<br /> If the PropertY is abaad�i by Bormwer,or ifs O1tG IIDUCP.lly!�.��lI D�FPLVSeGS-�:�:v„�mn�r nffers to make an .,.. _
<br /> , ,.. `�
<br /> award or settle a claim for�.,..'"—aes. �a�rower fails to respond to Lender witiuu 3'�zi:.�s��e date the notice is given, :,`s;�
<br /> � � �-d 1 tTse�rac�eds.at its option,either w restorQ�ea�r re�.�oF thc PmpertY or€o the surns �;,: .,
<br /> �`,�.:<< Lendet is authorized to colle�x� aPF Y �
<br />``';''�� secured by this Serurity Instrume�t•wtr.�w�r not ttten due. 's)�:��},
<br /> � Unless Lender anA gocce�orer o�.�rs� agre�in�vriting, anY �.�iicaiion of praceeds ta r-incipal s6a11 not extead or
<br /> postpone the due date of the c�.-'thlY Pal+�ae�s��to�p��p�i�2 or c�aage the amount of such payments. �^•.
<br /> �, t 11.�orrowes Not R��di F'or8earance By Lender Not a Wa3ver.Exsensien of the time fos paymeut or c�aadification �,
<br /> adi
<br /> ' of amortjzation of the sums secared isy tLis Security Inswr►►em 8ranted tnY Lender to any successor in intsrest of Borrow i� ��:�
<br /> not operate to release the liability of the original Borrower or Borrower's successors in intemst.Lender shall uot be req�i �_
<br /> � oommence proceediugs aSainst anY suc�s�`•or in interest or refuse to excend time for payment or otherarise modifY amortizauon ��
<br /> . an
<br /> ��..,�� of the sums secured by tbis Securit�' I°s��ent by reasoa of any demand made by the origina! Borrower or Barrower's —:°_,.
<br /> suceessors in interest. Any fc.��sance by Lender in exercising any right or rem�dy shall not be a waiver of or preclude the �LL;:���
<br /> ., exercise of airy right or ce��. C���. �e roveaanu and agreements of this
<br /> ;,�:;<<!%,�.• 12. Suoc�ois a� ���i Joint and Sevenal Liabilitp; ��';:�
<br />...5:. �.. Security Insmlment shall B�d.:si benefit the successors and assigas of Lender and Borroc�-�su6jea to the pthis1S�•i:y �'�'
<br /> � P�P'�Ph l7. Borro�ver s��:u�ts and agreements shall be joint and several. Aay Bor�--b:r, who co-signs ;_:.. ,.
<br /> Instrument but dQes ecz e.:a�:the Not,e: (a)is co-signing this Security Tn »r�..:er.3y tt�-�.=.�age, g�at►t and canvey tY::3 ��';
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<br /> Borrower's intt�res:i�e��rtY under th�terms of this Security�s�umem;(�`T►���Fe-`3`��'�y obligat��,gaY the s.�s , {.,�
<br /> in �:*a extend,:�.-.fY.forb�cr�' �;
<br /> •• s e c u red b y this Securiry L�rnment;and(c)aSrees that Lender aad'any oWer Bor�����ay o�;' . <<<,,:
<br /> make any accommadations cvitb regard to the terms of this Securit5+Instrument or�e l�ate .'an`�:��c�,:Borratv�c's consen*_: . �
<br /> 13.laan Charges-If r.';��loan se�vred by this Security Instrument is subject e�s!aa ar�:�seu maximum loan chargcs. "=:'�._..,,
<br /> . " and that taw is finaily in[ex'r-"�2ed so that the interest or other loan charges colle�vp to be collected in conaection with ehe '-'-t:`I;
<br /> a
<br /> . losn exceed the permitted limits,then:(a)any sach loaa charge sha11 be reduced by�he amwnt necessary to re�uce the charge ::��: .
<br /> � . to t h e permi tt e d.l i m it;and N)an y sums aIreadY collected from Bonower which exceeded permitted limiu will be refuncted to r��=•.
<br /> gorrower, Lender may choose to make this refund by reducing the principal owe8 under the Note ora y en t�withou t�a�n y ��
<br /> payment to Borrower. If a refnnd reduces principal. the reduc�fon will be ueated as a partial preP 3+m
<br /> � prepayment'ct�arge under the Note.
<br /> ' 14.Natlocs.Any notice to Bon°wer provided for in this Security Inshvme�f�''..,all be g+ve�►my delivering it or by mailing :. �.=:�;r�
<br /> it by fir�t cLv.�mail unless applicable law reqnire.s use of another method.The r.�ve shall be directed to the Property Address -
<br /> �� or any oth�r�dress Borrower designates by notice to Lendes• Aa'� notice W Lender shall6e given by first ciass mait to
<br /> ' � ' t,ender's addsess stated herein or any other address Lender designat�bY notioe to Boaower.Any notice.provided for in t6is , �: �
<br /> 5��ity Instrument shatl be deemed to have been givea to Borrower or Lerjder when givea es provided in this paraS�aAb• ,'.1;t,s`.'
<br /> • i�.Govern(ng I.aw; Seve.-abiifty. T6is Security Insmiment shali be gavem�d by federa! law a�d the law of the �.�;�"�;:,�;
<br /> j�irisdiction in which the Property is tocated.In thc event that any pmvision or clause of this Securiry Inswment or the Note �
<br /> � .,;;,;:r,'�. conflicts with applicable law,such conflIct shall not affe�t other provisions of this Security Inst�ument or the Nate wtuch can be �
<br /> •: '"''�' gi�ien effect without the conflicting pmvision.To this eud the provisions of this Security Insmrment and the Note are declared
<br /> . to be seveta6le. of the Note and of this Security Instrument. �'?'
<br /> , 16.Bon ower's Cv�r.Boaower shall be given one wnformed copy
<br /> .: Form 8028 9190
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