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<br /> paymenls mny no longer bc reqairecl,ac thc opdon of Lender�if mortgnge insumncc coverAgc(in th�amow�t and�'or tl�o period �
<br /> tizatl.cnder rcquin,$)providciu by a,�i�su�cr cpp;av:c�i by I.enct�r ag��in brcames evailnbi�:Mnd i4 Qf�iiilttL•�.86ai8tvG;sh�lt t�:.y th:. �_:='
<br /> pscmi��ms rc;qui�cd ec� mafntein morigoge in:;uPr�nr,e in cffcct, or to provlde n loss raecrvc, unul thu rc�uiremcnt far most,ago
<br /> insurtu�tc ends in nccardance with uny writtcn a�}racmcnt betwe.en @orrowcr and L.endcr or upplicnble Inv�. _
<br /> 9. Inspectlon. Lender or its t►�cnt muy mnka rr,asonablc:cnvies upon and inspecdone of the Property. Lender shall give _
<br /> Hortowcr nadcc at thc dmc of or prior to an iaspx�ton spocffying rcASOnnblc causc[or tha ins�don.
<br /> 10.Con�emnation. Tho pEOCCCrde of any award or claim for cS�magcs,d'ucct or cunscqucnUal. in connccUon wlth any C='�
<br /> condemnation or utner�ici�i�uf��y p;u.a;�hc�p:�rty,or for convcyancn in lir�of c�ndc�metk►n, oro hcrcby��ssfgncd and =_
<br /> Q:� .
<br /> s�hall bc paid to Y.cndee. `---
<br /> �ii uid c'r"ui�ui w ivu��;Ep LI�,M�S(��'ti.�tiw r M���ia��,atl hc annlied to�e sums sccurcd bY this Sccudty InsUumcnt, _
<br /> wh�lier or not then duc,with tu►y cxcess paid to 9orrower.In the ovcnt of e partial taking of the Froperty In which thc Fair mtukat —�
<br /> �-:
<br /> value ot the Property immediately bcforo the u+king!s equa l to or grea t cr tJ+en�hn amoant of tho sums secured by this 5ecutiry ==
<br /> Insuurnent immcdiatety beforo t,'�e taking,unless Borrowcr end Lcnder otherwisc agrea ln writing, tha s�ms sccurcd by this
<br /> Sccurity I�estrumcnt shall be reduced by tho amount of tha procccds muldplled by the[oUowing fracdon;(a) thc total amount of
<br /> thn sums sccuretl Inmiedletely beforc thc takIng, divided by (b) tho fair market value of d�o Property lmmediatcly bsforc thc
<br /> taking.Any balance shall bo paid to Borrower.In thc evcnt of a par�al taking of thc Property in whlch Ihc fnir markct vnluc of thc
<br /> Properey immcdiately bcfore �hc talcing is Icss than thc amount of tho sums securcd in�medlately tsefarc thc taking, unlcss --
<br /> Bortawcr�nd Lentler ot�crwise agcce in writing or uNcss appllcablc la�v otherwise providcs,Uic proceeds shall bc appAcd to�hc
<br /> sums secured by this Securlry Instrument whether ar not the sums are lhen due.
<br /> If the Property i.s abandoned by Horrawer,or if,after nodce by L.cnder to Borrower that ihe condcmnor offers to make an
<br /> award or seule a claim for damages,Hormwer tel�s W respand to Lender wilhin�0 days after tho dete the notice Is given,I.ender
<br /> is authorfzed to coUect and apply the procceds,at its option,either w eesto�atioa or rp�ir of the Pcoperty or to the sums secarGCl .
<br /> by this 5ecurity Instrument,whether or not then due.
<br /> Unless Lender and�orrower otherwiso agree in wridnB,anY application of proceeds to principal shaU not extend or postpone
<br /> ttu dua date of the monthly payme��ts refecred to in paragraphs 1 snd 2 or change the amount of such paymcnts.
<br /> 11,Borr��o-ver Nat Releascd;Fort►earance By Lender Not a WAiver. Hxtension of the dme for payment or modificadon
<br /> of amordzadon of the sums secured by this Security Instrument grenced by Lensler to any successor in interest of Borrower shall
<br />_ �ot operatc to rcleasc the Gability of the original Borrower or Borrower's successors in interest.L.eader shall not bc required W
<br /> commenca procecdln8s against any successor in interest or refuse to eatend time fur payment or otherwlsa madify amorti�sdon of
<br /> the snms secured by thi9 Security Inspument by reaSOn of any demund made by the original8onower or Horrower's successars
<br /> in intcres�Any forbearancc by Y.ender in exercising eny riBht or remc�y shall not bc a waiver of ar precluds thc exercisc af any
<br /> right orremedy. ,,, ,,,,�, ,. ,� _,,,o � o aor�rme.nw of thLs
<br /> ZZ,Sucassors and Ass��9 ilouna:Joini rno 3evcri�,a.�itv..�. � �.0-'0. Z...o. �t� �4.£il9RS.. �n� -�--�
<br /> Savriry Inswment shall bind t►nd benc�t the successors and assigns of Lender and Bonower, subject ui the provisions of
<br /> paregraph 17. Borrower's covenants ancl agrecments shall be joint and savtxal• /�y Borrowcr who co-signs tt�is Sxurity
<br /> Instrument but does not execute the Note: (a)is ca-signing this Security Instrument only to mortgage,grant and convay that
<br /> Borrowcr's int�rest in tha Property under thc terms of this Seciuity Insirumen� (b)is not personaUy obligaicd to pay the sums
<br /> secureG by this Sccurtty Inst:ument;and(c)agrees that Lcnder and eny other Bomower may ag�ee co extc�id,modi�y.forbear or
<br /> rnake eny accommodations wiU�rcgard w the te�ms of this Security Instrument or the Note without that Boaawer's conscn� _
<br /> 13.Lonn Clwrges. If tho loan seciueci by this Security Instrument is subjcct to a law which sets mt»cimum loen�harBes�
<br /> and tlut law is finally intei(mted so that ihe u►terest or othcr loan chacges collcceed or to be collected in connccdon with the loan
<br /> exceed the permitted limltv. then: (a)any such loan charge shall be reduccd by the amount necessacy co mduce the charge to thc
<br /> pcmiiucd limit;and(b)any sums already collected fmm aorrowcr which exc.ecded pennftt�ed Wnits aill be refundo3 to Boaower.
<br /> I.endu may choosc to mr3cc this refund by scducing the pdncipal owal undu the Note or by making a clirect payment to
<br /> Borr+ower. 1f a rcFund reduces principal,thc rcducdon will bc trcatc�i as a par6al prepayment without any prepayment charge
<br /> undu ihe Note.
<br /> 14.Notkes. Any nodcc to Borrower provided for fi this Sccur3iy insorumcnt shall he given by delivcxing it or by maiiing�t -
<br /> by first class mail unless applicuble law requires uso of another mcshod.Tlhe nodce shall be directcd to tho Property Address or
<br /> any ol6er address Borrowcr dcsignates by notice to Lendc�. Any nodce to I.cndcr shaU be givcn by first c4�ss mail w i.cnder's
<br /> addre,u smud P►erein or any other nddress Lender designatos by noti�c ro Borrowu. Any notice provided for in this Sccudty
<br /> Instrument shall bo decmed to havo oeen�iven w Borrowcr or i.C��dr�wi��,�g:v��►as pidV��'i.�Li i�iLS�wa�h. •
<br /> 15.Governiag Lpw;Seversb{lity. This Security Instr�ment s6all be govemed by feda�al law and the law of the
<br />— jwtsdkdou in which [he�?ro�r►y is locaced. In the event that any provis�on or clause af this Securiry Instrument or tho Notc
<br /> conf7ic�s with applicable Enw,such canfllct shall not affect other provtsions of this Securlty Instrument or the Note which can be
<br /> given effect without the conflicting provision.To this end the provisions of this Securiry Inshvment ar�d the Note are declared w
<br />— bo sevcrabk.
<br />° Form SQ28 O/o0
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