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<br /> �`.�. a msnts inay no to�sger be mquimd,at ths agtion of Lender.if mortgage insurance cuverage(in ths�� or�period _
<br /> .. taat Let�er mquires)Pmvided by sn insu�r approved by Lender again beoomes availab2e anci is o6tained.Bartower shall pay �
<br /> ' tlie premiums r�utred to maintain rnortgag�insurance in effect.or to provide a toss reserre.ut�il the reqnirensent for mnrsg�ge —
<br /> .' i��ds�n�scordan�e with any wri�ten ag�zment betweenBflnrnwer and Lender or applicable law.
<br /> ' 9.Ias�an.Lender or its agent aray matse reasunabte enpries upon and inspections of the Propeity.Lenaer shall give
<br /> .. Borrovrer natice at the tlme of or prior w fla inspection spc,cifyin8 re�asonable c�use for the i�speaian. f_
<br /> �0. Condemnatfan.The proceeds of any awazd or cIaim fur damag�s,direct ar�uendal, in connection t�ith any
<br /> candemnatian or oiher taking of eny part af the Praperty,or f4r conveyance in lieu of condemnation,are hereby assigned and _
<br /> � sflall be paid to Lender. �
<br /> In ti�eveut of a iotal takiag of the Pro�rty,the proceeds shaii be app}ied to the sums secure�bp th�s�tsity ��.�r
<br /> •� , whet�er or not thea due,with aa}+excess paid to Borrovrer. In the event af a partial tairing of the l�taperty in wluch the fair
<br /> . " market value of the Propeaty{mmediately hefore the Caking is eqirdl to or greater than the amount of the sums seaue�by this
<br />:�: ' Security Lnswment immedlatcly before the taking,unless Baaower and Lender otherwise agree in writing,the sums s�cured by ,. �i�
<br /> • this Secuaey Instrumam s12a11 be reduced iry ths amount of tFie proceeds�vlriplied by the following fi�ctioa: (a) tt�.total _
<br /> amount of the sums s�cure�imme�Iately b�fose the taking.di.�i�by(b)the fair market value of the Pinperty im..,.^�i=:ely .
<br /> before the tatcing• Aay balance shall 6e paid to Borrower. 1'rs�event of a partial taldng of the Property in which�:fair -
<br /> � market valae of the Property immediately before t-��2sing is less than the smount of the sums secured�m���Iy be#a:e the {
<br /> �,�.� taldng,�Iess Borrowet and Leader othezvrise�w writing or uWess applicable taw at�...rwise provi��.the pro�..3 sha�l
<br /> ., be apgli�oa t�e sw�s s�by d��aanity Insuument whe�er or not the sums are t���a: —
<br /> ,g`; If tts�1�'r:*�rty is yh�onec#�;�o:mwer,or if,after n�tir��c Lend.,'r to Borroner�►gt�e condemenr offers t4 a�i�e� --
<br /> award c_:�"�..4:��-.:�x fer damnges.Hoarower fails to resFr�nd�w Lendgr a�ithin 30 da3�s a8er the daYe tlie notice ia�ive.� —
<br /> � L+t�r is�ttsori�ea cvllect.and apply We me�s,at its c�oA,either tu rzstoration or repair of the Ptoperty or to the saa�.,
<br /> secured it�tlris Secur'sty Inswment,w�ether or not then due.
<br /> � Ua,,'�s I.cnder and Borcower othetwise agzee in wri�a-�,a�riy aPPlication of proceeds to principal shall not exiend or
<br /> ' � postpoae tfle¢ue date of the monthly payments referred co in�-�y�-r'aphs 1 and 2 ar change the amovnt of sach payme�.
<br /> ° Il.Borrower Not�eleased;Forbearance By Lender P�Int a Wa[ver.Extension of the time for payrnent or madi�iicatio�
<br /> of amarts�tion of the sums setured by this Security Insuvment granted by Lender to any sacoessor in interest of Bom�wer shall ,
<br /> �• tbt operate to release the liabiGty of the original Borruwer or Boaower's successors in interest•Ixnder shall not be res�uired to . _
<br /> � comu�nce ptocee�lings against any successor in inte�st or refuse w extend time for payment or otherwise modify amostizat�on -
<br /> � of the sams secured by ttus Se�arit;: Instrument by reasoa �f any demand made by the original Borrower or Borravicer's
<br /> .'i ' successors!n inte�t• 11nY farbear'�by Lender ia e�tetcisie��,nny right or remedy shall not be a waiver of or pr�lude the -
<br /> � exercise of any rig.i���nedy. : . �
<br /> . 1Z. S�� Asstgas Bound;doiat rr� ScFes.^,�6a�isility,+E��rsd�ers. Ths wvenants and agreemenu.of thrs ::�.,.'.
<br /> Secuiity Lnsuument saa11 bind and benefit the successors aa��signs of�.efbder and Bormwer, subject to the proti-�.�.�..��=.s:o€��
<br /> �arsgra�Pa 9S. Borruwer's covenants and agreements �hal{ 3.w q�oint and several. Any Borrower who co-signs c.hi� ,�irity _
<br /> Instrua�,�+;2�:�does�ot execute the Note: (a)is cn-si�ring ni�i�s Secnrity Instrament only to awrtgage,grant and o�iiy���+that .
<br /> � Bormwes's int�rest i�ru�e Pcoperty wtder the ta�s:c�xhis S�auity Insicument;(b)is not personaily obligated to pa�:he sums -
<br /> �� secured�y tius Secarity instrument;and(c)agre��zt Lendxr and any other Bomawer may agree m extensl.modify,forbear or
<br /> �.� maice sm1,ccommodadons with r�ad�to We terms of tlus Se�-ityr Inswment or the Note without that Sorrowrr's cotisent.
<br /> - :''�— ` �.'.�,�;a-gF,.I.LR[��zd by ihi;�ir; r.�mettt is sub��ci*_o p Lw which s�s maximam L.�:charges,
<br /> • end tttat Iaw is finally interpret�d�otc�t the inte�t or oth���;a:�.z charges caltected or to be collected an oannecC;.n'with the .
<br /> . toun exceed the pera�cted timits.tfien:(a)any s���-,an char�z�na1!be roi�vc�.�by the amount r.ecessary to.ceduce t1�e eharge . .
<br /> ' to tbe pem�itte�f limit;ant!(b)aay su�s alcead��.�U?;�ied from Bonowe:�':=1��a exceeded permitted tiTM;.as will be refunded w
<br /> �� Boaow�r.. Cender may choose to maYe Utis���by rechri�r,�.the principal owed ander the Note or by maldng a direct -
<br /> .�:;•� paymcrtt to Horrower. If a ref�d �ces pri�tipat,�the na�.'^.c�ian will be treated as a partial prepayment v�i�G�{aut any . _
<br />� � P�Y�t cttarge nndcr the Nate. . , �
<br /> 19.Notices.Any notite to Bormwer pro�idd for ia this Se�i�rity Utstrument shall bc�giyen by�elivering it or by.mailir,g
<br /> ' it by flrsi class mail unless applicable law reqvi��cse of onotlxr n�ethod.The notice shall be direcied tae,tisC Pmpe[ty Addtrss -
<br /> _ • or any aEher address Borrower designates hy r��c� to Lender. Any notice W Lender shaU be giv�by first class maii to
<br /> ." l.ender's oddress stated heTein or any other address Lender designates by aotice to Bonro:��'.�y�ce prov3dai for in this
<br /> � SccurIty Instrument shall be deemed to have bcec�given to Borcowex ar Lender when give�:si�r:uvided in this pazu�naph. �
<br /> IS.Gnverning lAw; Severability. This Security Insirument shall be govemed by federz! L�� and the taw of the �
<br /> � jurisdiction in which tite Property is located. In the event that eny provision or clause of this•Securii,J IG�strument or the Note
<br /> �. � conflfcts wlth appllpble law.such confiict sha11 cwt affect other provisions of this Security Iasuument t�.�1ie iVOte which can be
<br /> glvtn c4'fect without tix confllcting prpvision.To this end the provisions of tivs Security instrument aAd the Note a,.�a declared -
<br /> � to ba sevemble. . � �
<br /> � � 16.Boerowtr's Copy.Bocrower shall be given one coz►fom�ed copy of the Note and of tius Sesur�t.r+dnstrument.
<br /> � . . Fam 3028 9100
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