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<br />' p;►ynxnta u�,�,►y iu► long�r he r��uirc::1,ut tlu optii,n uf'Leruier, if nx�r[guf;e in�uraixe c����cr;►��'i�u;mkwnt�ni lar thr peri�xl �_
<br /> thi+t Lcndcr royuiresl pra�•i+ktii hy cui ici�urer uppruv e d by L c n c l er ubain l x tiam cs a�•a i l a b l e;u t J i�o b t;►i n a f. &�r r uw•e t�hull p a y --
<br /> thc pr.�f��un��rcquirui tu nuintaln,iwrt�,a�;c in�uraiuc in efP�rt.��r to pru�idc a Ic��.�r�u:n•e,until tFu r��Guircn�ent t��r nwrt��e �
<br /> inaur,uke e�kf:in accc��.t�rk�wiih;u�y wristen:tFrecment betw�en Burrow.r aixl I.e�xl�r ur upplir:►ble law•.
<br /> 9. In►►xr11�u�.L.ncizr�►r it� a�cnt nuy uw1;c r.;►sonahle cntrics u{wn arxl iiupec:tionc i�f thc Propcn}. I..c�Klcr�twll gi��c _
<br /> &uruw�cr��tice at�he time oF ur pri��r tu:ui inape:tiim spccifping re.�nable cause fi�r the im�ti��n• _.
<br /> !0. Coude�uualiaa. 'Th+: pnkavl. uf any awarJ or claim for d:un:►ges, dircct u�ran�cyu�ntial, in ronnectie�n with uny —
<br /> :o;��r.�t;::i�n;zr�th:^:�.�ine rf:�iy y:�r! .•f�tu• Pmnert�•. or for cunveyutw:e in I�eu ut�concf�:nu�tiun. :uc her�ny �;+�+ne�i arA o
<br /> stwll hc paid m I.c:ndcr. _
<br /> In the e�ent of A cow!tul:ing��f the Property,the praceedx shall be upplied tn the sumc secureci by thi�Se4urity fatitrument, _
<br /> w�hether or not then due, with any exccss paid to Bo;rawcr. In thc cvent of a patitial tal•ing of the Propcny in whirh the fair
<br /> marl•et value of the Property immodiately before thc taking is cqual to or gn;ater th:ui thc a�iwunt af the sums sccured by this —
<br /> Security I��.urument immediste{y before the tai:ing,unless t3onou�er and i.ender otherwise agree in writing,ihe sume se�:orcd by --
<br /> this Security Instrum�.nt shall be reduird by the anwunt of the procec�ds multiplied by thc fullowing fr.;ction: (a) the tatal
<br /> anuwnt of the suuu secured immediately before thc taking, divideJ hy (b1 the fair mar.et valuc of thc Propeny inunediately
<br /> before the taki��. Any balancc stuill be paid to Borrawer. ln the event of a partial taking of the Praperty in a�hich the fair
<br /> market v:ilue of the Property immediately Nefo�e the taking is less than the anwunt of the sums sccured immedi:uely befare the
<br /> tal:ing, unless Banoa•er und Ixnder otherwise agree in writing or unless Applicable law otherwise pravides, the proceeds shall
<br /> be applied to the sunu secureal by this Securiry I�utrument whethcr ur not the�ums ar2 then due.
<br /> If the Property is abandoned by Bormw•er,or if,after notice by Lender to Bonower that the condemnor offers to m�:e an
<br /> award or settle u claim for d�n�ages. Sorrower fails to respond to Lender within 30 days after the date the notice is given,
<br /> l,endcr is authoriled to collect and apply the proceeds,at its option,either to restoration or repair of the Property or to the sums
<br /> secuend by this Security Instrument,whether or not then due.
<br /> Unless l.ender und Borrower otherwise agree in writing, any applicatioo of proceeds to principai si�aii not eacenci ur -
<br /> postpona the due date of the monthly pa��ments rcferred to in par.+graphs 1 and 2 or change the amount of such paymenu.
<br /> . 11.Borrowee Nat Rele�ed;Forbearat�ce By Lender Not a Waiver.Extension of the time for payment or nwdific�ation
<br /> of amortization of the sums secured by this Security L�trument granted by Lender to any sucressor in inte:est of Borrower shall
<br /> not aperate to release the liability of the original Bvr�wer or l3ottower's successars in interest. Lender shall not be required to
<br /> oommence proceedings a�ainst any successor in interest or refuse to extend time for payment or otherwise modify atnortization
<br /> of the sum.e secured by this Security InsUument by reason of anv demarid made by the original Borrower or Borrower's
<br /> successors in interest. Any forbearance by Lender in exercising ae�}dght or remedy shall not be a waiver of or pceclude the
<br /> � exercise of any right or remedy.
<br /> 12, Successors aad �Lscl�ns Bound;Joiat and Several LiabiliLy; Go-sigue�s. The covenants and agreen�ents of this
<br /> Security Insttument shall bind and benefit the succes�ors and 2ssignc of I.ender and Borrower. subject to the provisions of
<br /> . paragtaph 17. Borrower's covenants znd agreements shall be joint and se�-er.�l. Any Borrc:xer who m-signs this Security
<br /> Instnunent but does not exec:uu the I�Iote: (a) is casigning this S��urity Iaccrument only to mortgage, gr�nt and mnvey t�at
<br /> - $ormwCr's interGCt in the Property unQer the tertnc of this�ecurity inswmeru:t'oj is�wi pe��wiiy voiiguicu iu},6y'u`�c��S
<br /> . �ured by this Security Instrumenr,and(c)agrees that Lencier and any other Borrower may agree to extend, modify,forbear or •
<br /> make any acconvnoclations with regard to the temu of this Securiry Instruneent ar the Note without that Borrower's consent.
<br /> 13.L.oaa Chatges. If the loan secured by this Securiry Instrun�ent is su6}ect to a law which sets maximum laan charges,
<br /> , and thzt l�w is finally interpreted so ttat the interest or other loan charges coltected or to be coll�in connection with the
<br /> lc�n exceed the permitted limits,then:(a)any such loan charge shall be reduced by the amount necessary to redua the charge
<br /> to the pormixed limit:and(b)any sums already collocced from Bortower which esceeded pemniued limiu will be refundod W
<br /> Borrower. Letder may choose to malce this refund by reducing the principal owed under the Note or by making a dirxt
<br /> � payment to Borrower. If a refund r�uces principal, the reduaion wiU be ueated as a partial prepaymenc without any
<br /> ' prepayment charge under the Note.
<br /> 14.Notices.Any a�ti�.,e to Borrower provided for in this Security Instnunent shall be�iven by delivering it or by m�iling
<br /> it by first clas.c mail unless applicable law requires�of another method. The notice st�all be direeted to the Property Address
<br /> or any other address Borrower designates by notice to Lender. Any notice to L.erxier shall be given by fint class mail to
<br /> Lendtr's address stated herein or any other address l.endtr designates by notice to Borrower. Any notice provided for in this
<br /> ,. Securiry lnsirument shall be deemed to have been given to Borrower or Lender when given u provided in this paragraph.
<br /> l5.GovemiuE Law; Sever�bility. This Security instnunent st�ll be governod by foderal law and the law of the
<br /> . jurisdiction in which the Property is located. In the event that any provision or c�ause of this Security Instrument or the Note
<br /> conflicts with�pplicable law, such oonftict shall not affect other provisions of tStis Security Instrument or the Note which can be
<br /> given effxt without tho conflicting provision. To this end the provisians of this Security Instiument and the Not�are declared
<br /> � to bc severable.
<br /> 16.Borrower's Copy.Borc'ower shall be given one conformed copy of the rote and of this Security Instruntient.
<br /> Form 30Z8 9190
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