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<br /> 96-���3►A!R
<br /> payiizents mAy no longcr 6c recJuir�d,at the o�don of I.ender,if morlgnRu insuranco cavetngc(In tha amount nnd for the periai
<br /> that Lendcr requiees)p�ovidcd by tu�insurcr approver9 by I..en^cr a;;nin 6cr,omcs nvnitablo end i�oht�lnEti.Qannwcr ehall pay thc �
<br /> premiums required to mafnttiin mortgagc ins�►rana� in effcct, or to provido a loss rescrva, ur.ql t6o rcquirement for mortgAgc
<br /> insu��ce ends in eccardanas with eny wduen agreement I�twoen Borrowcr end I.ender or apglfctble I�w. �.'
<br /> 4.Inap�c¢don. Lea�der or Its age+�t nay r��i:o rca�aiabfo enules upun and ins�cilQn��f th�Prope�tY.I�cndu Fhall give ;
<br /> Bo*rowe�notice at tha time of or Drior u�an inspecdon specifyln�rcaso�abla cause for tho inepacdan, R'
<br /> 10.Condemnabion. 'Ihe praceod.v of any award or claim Cor dunage�,d[rect ar conaoquen�►tf, ln connocdon witi� eny _
<br /> rnnde.mru�iou oe o�tie� �icina of��v D:.�t of the Pmp:.rty.or for cflnveyc��cc in 1lau of con�lomr�Ntbn,sr�hucby sssigned und `��-
<br /> shall be puid tn Leaidu. �
<br /> In the evcnt of a total taking of the Property,rho proceeds shalf be epp8od to tha eume nocurcd by thlw Sxudty InStrumcnt, _
<br /> whet�u or not�hen due.with any excess pald w Aormwcr.In tho cvent of a partW u�i:ing of ttw Pre�p�rty In wh�h tho fAlr markct
<br /> value of tlso Property lmmediately before the taklns is equal w or g�eater than the�mount af lhe eumr Rocured by thit Sccudty
<br /> Insuumenc immediatety beforo the taking, unless Bocrowu and Lender atherwlr.a agroo in wridn0, 1ho eums eocurtd by this __
<br /> Sc�curity Insuu�uent s�`iall be reltuccd by ti�e amount of the pro�c+cQs muldgliul by tho f�flowing fe�ction:(o)tho tatwl amount of _
<br /> the sums sacured imrnedlately beforc thc tnicing, dividcd by (b)thc fair market vsluo of tha Pr4perty lmmedi�toiy hefarc the �
<br /> teking.Any balance Rhall bo pafd to Bonower.In the evtnt af a partial taking af thc Property in whkh tho[air mArket valuo of�he
<br /> Propeity immediatcly beforc th� takIng ta iess than the emount of the sums iucurcd immedlauly beforo tho u�cto8� unicss
<br /> Borrower and Lender othenvise egree in wridng or unless applicabl,law athcrwisa provides.tho pmce�eda sht�l bo s�Pllod to thn
<br /> sums secure�by th�s Securlty Insuument whe�hu or not the suma Aco ihen due.
<br /> If the Property is abandoncd by Dotrower�or if�efce�'notice by Lencler to Borrower that Iho cut►�err�nor offero W tnako+�
<br /> award or seule a clai�r�for damages,Borrowcr f'ails to respond to Lender witiw�30 deye ait��Lha dr�a r,�sa notlx 1s given,l.�n� -
<br /> is authorizW to collect and apply the procecds,et its op�don,eitha to restoration or rep�ir of tho F'ropexty or W tho suma eecureQ
<br /> by thls Security Insuumcnt,whether or not thu�due.
<br /> Unless Lendu su►d Bouowu otherwise agcee in wridng�enY aPPllcadon of procade to princi�l ahall not ext�nd or poatpono
<br /> the due ciata of the monthly payments referred to ln�aragraphs 1 end 2 a changa the emount of such paymerete.
<br /> 11.Borro�rer Not Rikased;Forbexrance Hy Leuder Not p Watver. Bxtension of the dme for payment or neodlfk�,ution
<br /> of amor[izadon of the sums sec�red by thLs Securiry lnstrumcnt granted by I.endu to any auccessor tn interest of�cxrower ehtl)
<br /> Rot op�xate W release tho LiabUity of thc orlginal Borrower or Bocrowu's succe.�cxs in intsreat.L,aider ehrfl not bo eal�irod t°
<br /> oommenco pxoceodings egainst eny successo:in int�erest or refusa to eatu�d tlmo for payment or otltiawi�o roodlfy wncx�af
<br /> the sums secured by thjs 5ecurity Instivvmment by reason of a��y demand made by tho odgin�l8amower a Bormwu'e succr,cioc�
<br /> in inuras�Any forbearan�e by p.ender in exercising eny dBht or remeGy shall not be a walvu oF or precluda the oxacfio oP N►y
<br /> righc or remaiy.
<br /> 12.Succxasora and AasiQna Bouad;Joint end SeverAl Llabillty;Caei�new. Tha cove�nn and Ageocmenu of thb
<br /> Sec�uIty Instrument shall bind and benefit the succe,9so�g and essigns of Lender e��d Homowear,eub)ect to tho provi�bn�oP
<br /> Paragraph 17. Borrower's covenant4 and agnxments shall bo Joint and several, Any Borm+va wtw co-slgnn htii� Socurity
<br /> Inswment but does not execute the Note: (a) is casigning this Security Insaument only t�n mang�ge,gnnt�nd convoY ih�t
<br /> Borrower's friurest in the Property undcr the temis af this Secudry Instrument;(b)ia not pasontl�y obllg�tod W p�y tha wmi
<br /> soc�ued by this S�curity Instrumen�and(c)eB�ees that Lendu and any other Bwrowa msy agreo to ext�end,modify�fo�be�r or
<br /> make wny accanmodetioas with regard w the tums of this Socuriry InsGrunnent or tha Nota wlthout Uut Bormw�a'e conun�
<br /> 13.Loan C6ar`ea. If the loan sxured by this Sxurity Insuumcnt ia aubje�t to a law whlch eets m�utlmum lo�n ch�r�a+,
<br /> and that taw is finally interpreted so that the inurest or otha loan ct�argw collectod or w be collxted in connoct�an wlth Iho lo�
<br /> oxcood the permitud limits.then:(a)any such loan charge shal!ba roduced by tha�moune necessry a raluce the ehrc�o to the
<br /> pormiuod limit;and(b)any aoma alrcady collectai from Barowa which axceedod pamlqad limits wi11 bo rcfandod W Dorrower.
<br /> i,enckr may choose to malce this refund by rcxlucing the prir►cipal owed under tha Note or by making �direct payment W
<br /> Bormwe,r.If a refund reduces principal�tho redt�ctlon will bo ueaLr,d as a partlal PrepaYment wlthout anY P�Yment chu�o
<br /> unda the Nota.
<br /> 14.Noticea, My noticce to Borrower pmvide�for in this 5xuriry Insvunient shnll be given by clelivuinp�it a by m�illn4 it
<br /> by Cust class mail unless appllcabla law requires use of another metho�.'The rr�tice shall be dlroctai to the Propaxy AddresA at
<br /> ;;ry ctt���r.,ss�orr�we�C�?gia!lat�a hy nntice tn IrndCr.Any notice to Lendrx shall bo idvea 6Y tirst c?aw mail w l�enc{ar`e
<br /> address stauxl haein or eny other address Lcndei designates by nWice to Borrowcr, Any notico pcovidod for in thb 56curity
<br /> Instrumet►t shall be deemed W hevC been giver W Borcower or Lendu when given ps pmvlded in thU p�t�gc�1�.
<br /> IS.Cavernin�Lnw;Severqbility. Ttiis Securiry Instrumcue shail be govcmed by fodenl U�w �nd tho laiw of tho
<br />_ jurisdiction in which th�Property is locaud. In thc avent that eny provision or cla�se of thia Sxurity Inswrnent or tha Hoto
<br /> ca�flicts wIth eppllcable law,such conftict shail not effect other provisions of thia Sxurity Inslrument or the Note whieh c,�n bo
<br /> given effact without thc conNcting pmvision.To this end the provis[ons of this Socurlry instiument and tha Nota ero decl�rod W
<br /> (�e saverable.
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