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<br /> 36�L��� �`�
<br /> palrn�ents may no ton$er be required.at d►e opifon of Lender, if mortgage insuiuncc rnverage(i�the amount and for the period `��'�"�_
<br /> that Lcnder requiresy provided by aa insurer a�prov�d by Lender aguin becomes av3ilable and is ubtained. Borrower shall pay �"'L_`;•
<br /> ��T.�:,.
<br /> _ �p����uir�1 to maininin mortgage inswance in eifect.or to pravide n los�resen+e,until the requimment fur mortga�e ��
<br /> insurauce ends in azcordance witl►anY w�itten a�ment bctween Bosrotiver and l.ender or appiicabie taw. �
<br /> 9,Ins�ettan. Lender ar its agent may maice r�son�bte e�tries upon and inspection�c of the Property. Lender shatl give �__S.
<br /> $orrower notice at the time of or prior to an it�pection specifying reasana�le cause for t6e inspection.
<br /> �.'�.:
<br /> l0. C on de m�t ton. 'I 7 ie p ro c e e d s a f a n y a w s r d o r d a i m f o r d a s a a�e s.d i r e c t o r c o n s e q a e n t i a l. i n ean�ectian wIth an y .�...__;
<br /> condemnation or other teking of any part of the Praperty,or for conveyance in lieu of cvndemnaaon,are hec�by assigned and `
<br /> shall be paid to Lend$r. �"'.,'
<br /> I n t h e event of a total ts►kin g of the Property.th�pmce�ds sha11 be applied to the sums secured by this Security Instrument, �:'�°��•
<br /> � whether or not then due. with any excess paid to Earrower. In the e�ent o f a parti a!t a i s iag o f t 1►e 1?r o p e r t Y i n w h i c h t h e f a i r �'�'
<br /> markeR value of tite Property immediately before tite taking is eqval to or greater than the amount of the sums secured by t6is ���
<br /> Security Instrument immediately before the taking,unless Borrower aad Lender otherwise agree in writing,the sums secured by v:=�_
<br /> �� this Security Instyvment shall be reduced by the amount o€the proceeds multiplied by the following fractioa: (a) the total �_�,.,�_
<br /> amoum of the sums secured immediately before the taking. divided by (b)the fair marEcet value of the Property immediatelY __
<br /> before the taking. Any balancx shaU be paid to Borrower. In th�event of a partiai taking of the Property in w[uch the fair
<br /> .�=•
<br /> market vatue of the Property imraediately before ttte taking is less than the amount of the sums secured imme�iately before the _
<br /> • taking, anless Boaawer and Lender otherwise agnee in wriuing or unless app�icable law otherwise pmvides, the proceeds sha11 " •�
<br /> be applied to the suaes secured bY this Security Iasuument whether or not the sums are then due. �_
<br /> If the Property is abandoned by Boaawer,or if.after rtotice by I.ender to Borrawer that the condemnor offers to make an �
<br /> award or settle a claim for damages. Sorrower faits to re�ond to Lender within 30 days after the date the notice is given.
<br /> Leader is authorized tQ collect and apply the ptocePds.at its option,either to restotation or repair of the Property or to the stims �,;.
<br /> �...-.
<br /> ' secured by this Security Instrument.wkether or aot then dae. ---
<br /> Unless Lender and Borrower otherwise agree in writing, any applicadon of procee3s to principal shall not emend or _
<br /> pustpone�z�ne date of the monthly payments referred to in paiagcaphs 1 and 2 or change the amount of such paycnents. .��
<br /> ._.-,.
<br /> Dl,I�rrrn�ower Not Released;Furbearance By I.esder Not a Waiver.Extension of the time for payment or mndification `,_i
<br /> � of amortizaaon of the s�ns secured by this Security Instniment granted by I.ender to any successor in interest of Borrower shai{ �.�_
<br /> ' not opetate ta release tc�liabiGty of tkie original Bort'ower or Borrower's successors in interest.Lender shall no4 be required to �,
<br /> • commence proceedings against any successor in interest or refuse to extend dme for payment or oihenvise madify amortization _______
<br /> ' of the swns secured by this Security Instrument by reason of any demand made by the original Borrower or Borrower's �
<br /> successors in interest. Any forbeara.��by Lender in exercising any right or nemedy sha12 not be a waiver of or preelude the _w
<br /> eaercise of any right or�e�.r.edy. --`-
<br /> 12. Sucoessors u�n9 Asslgns Bonnd; 3oiu4�^d Several Ltabiltty, Cm�aers• The wvenants and agreemsnts of tlus
<br /> us �-`�-
<br /> gecurity Instnrment shall bind and benefit the suaazsso�s and assigns of L�,r'��.and Borrower. subjecc to the ptovisions of . --
<br /> �SErdgraph 17. Borrower's covenant� and agree�.unu shall be ioint and se�•�ai. Any Borrower who co-signs this Sec�uity. . �:..;;
<br /> II.�nsn�*m�c�ut daes not execute the Note: (a) is co-signing this Srauity Ibst-'wnent only to mortgage.grant and convey tbat
<br /> � �orr�er'�inierest in the Property under the terms of this Security Instrura��:(b)is nflt personally obligated to pay the sums _._.
<br /> ' secnred by this Security Instrument:and(c)agce°.s�.hat Lender and any othet�:.rrower maY agnee to extend,modi+fy.forbear or
<br /> � make any nccommodadons with regard to the tem�s of this Se�urity Inswment flr the 1Vote without that Borcower's oonsent.
<br /> 13.I.oan Chaige9.If the toan serured by this Security Instrument is s�f+�ject to a law which sets maximum loan charges.
<br /> and thsi iaw is finally inte�preted so ttmt the intemst or onTet loan charges collected or to be wllected in comiacaon with the �_ .
<br /> loan exeea3 the permitted limits,then: (a)any such toan charge shail be reduced by the amoant necessary to reduce the charge �
<br /> ' to the permitted limit:and(b)anY sums already callected from Boaower cct�a.zi exceeded permitted limits will be tefunded to �
<br /> Horrawer. Lender may choose to make this r:�und by reducing the princu�:3 owed under the Note c,by making a direct _
<br /> � payment to Borrower. If a refund redaces priacipal, the reduction will be treated as a partial prepayment without any ----
<br />� prepay��u charge under the Note. ��
<br /> ';t ; �.�.yoaces.pny notice ro Borroaer pmvi�for in this Security Insm�ment sl�alt be given by delivering it ar b;�r.-�iling -
<br /> � it by first class mail un2ess appticabte law requi�s�:se of another methad.'�he so4ice shalf be directed to t�,e Frope�cy}L�ress :` ��;-_
<br /> or azry other address Borrower designates by notice to Lender. My noaoa�.o Lender shall be given�3� fi�st cizss�mail Fo . =
<br /> • I.ender's address stated herein or any other addmss L,ender dcsigr+ates by no�s�e to Bonower. My norice provlded tc,in this �
<br /> Security Instrument shall be deemed to have been given to Boaowes or Lender when given as pmvided in this para�-��'.-•. ��;:
<br /> 15.Governins Imw; Severabilitq. Tius Ser,urity Instrument shFili be �ovemed by feQeral law and the ?��• of the
<br /> ,� jurisdicdon in which.the Presperty is located.In t'*.e event that any provisio:e or clause of this Security 1����rument or tbe Note �
<br /> conflicts with appli�.l�lx law.such conflict shall��t affect other provislons of 1�is Security Instrument o:".h=Note which can he
<br /> � given effect without the conflicting pravision.To�;.'sis end the provisions of this Security Instrument and the Note are declazed
<br /> ' to be se�ti�rable. —
<br /> Il�i.Qr,�rrower's Copy.Borrower shall be given one co:i;or�:.cl copy of the Note and of this Security Itfstrument. —
<br /> :. Form 3028 9190 `
<br /> Dage a ot e
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