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<br /> on of L,end�r.if mod ago insurnnce covcroge(in tho an2ount nnd fnr Uie pertnd �'..'��:
<br /> puymenW mny no longcr bo requtrcd,at�ho opd 8 _
<br /> tk�at Lcndcr requires)prAVidcd by en insurcr appmvul by I.cndcr ugaln bsc�mcs svailablo end is obu+incd.Bonowor eh�ll pay 1he Y
<br /> pamiums required to malntain mongago Insuruncc in cffect,ar to provldc a luss reserva,undl thc requlremcnt for mortgage 6N�
<br /> i��auranco ends in uccorden",�s witb ar►Y Wfjtt�aB���n���wecn Bomawer and�.ender ar applicable law. __ _
<br /> g,lfn�nrc�Mn. i�ndcr or its agcnt may mnkc rcu�onublc enules upon and tnsp9ctions nf thc Propertyr.l.endcr shall glve �,
<br /> Horrower nouco ec ino u���o�a��N�•:�:w'•R••F==��"'!°"�`'��Y�na nasonablo causC foe ti►e inspcctio». �
<br /> lU.CondemnAtbn. Tha praceeds of any awurd or claim fat ciamages, dlrect or consequenUal, in connecdon wi�b w�y -.
<br /> condemnadon or od�er tnking of any p�a'c of the Propeety,ar for conveyanco in lieu of condemnation,are hereby assigrted:uid eT
<br /> sha11 bc:paid to I.cndcr.
<br /> In the aWCnt of a total telcing of tha Propercy.the procecds shall be applled to the sums secured by this Security Instrumcnt,
<br /> �>>hcthcr oe not then duc.with any excess paid to Borrowcr.In tha cvcnt of a gardel takin8 of the Property in which the fair ma�ket
<br /> valuc of the Pmpetty�mmediately beforo the taking is cqual w or greAUr than ti�e arnount of ihe sums securcd by this Security �
<br /> Inswment immediatcly before tho taking, unlcss Aocrower and l.cnder ntherwise�tee l� wridng. the sums sc�'�?red by t!►is �
<br /> Security Instrument shall be reduced by the amount of the procceda multiplied by tho following fracdon:(a)the tatal nmount of
<br /> the sums secured immcxliutely before the taking, dividcd by(b) tho Fair market value of�he Property immedLatcly befo�the
<br /> �y�ing,p�y ba]Anco s1�a11 be puid to Bom►wer.In thc evcnt of a pardal¢ak1n8 of the Property lr�whfch the fatr merkct valuc of the
<br /> I�roputy lmmediat�ely befare the taking is less than tho amount of the sums secured immediatcly bcfore the takir►g, unless
<br /> BorNw�e[td I.eIIdCi csihCr:lj:e agCe ln wd[i�sg or uni�s�i�ipu�a$1C 1&w oiliSr:,;�,.�g;•r°q�P�,t�g nmrrettc shall bC flDD1iCd IO th0
<br /> sums secwed by this Sccurity Instrument whether or not the sums are then due.
<br /> If tho Propercy is abandoned by Borrower,or if.afir.r nodce by I.ender W Bonrowr,r that the condemnor offers co make a��
<br /> award or settle a claim for damages,Porrower fails to resp�nd to Lender within 30 days after tho date the notico is given,Lender
<br /> is authorized w collect and apply the procecds�at its opUon,cither to restoradon or repuir of the Pruperty or to!the sums securecl
<br /> by this Sccurity Tnstrument,whethcr or not then dua
<br /> Unless LendG•and Horrower otherwise agree in wriung.any applicadon of procaeds w principul shall aot oxtend or postponc
<br /> thc due date of the monthly payments refcrred co in Pa�aBraPhs 1 and 2 or change the amount af such paymcnts.
<br /> 11.Borrower Not Released;ForbearAnoe B�y Lender 1Vot o Wuiver. Extcnsion of the tima for payment or modifica�iion
<br /> of amoituadon of the sums secured by this Sec�riry Insmiment granud by Lender w any successor in interest of Barrowu shall
<br /> �op���A n�ease the llabllItar of the original Hoaower or Borrower's successors in lnteresG Lender shall not be cequired to
<br /> �������µ�,�n�se�. �T pny cucr.�csnr in inteaest or refuse co ext�end dmo for payment or athcrwise modify amordzatlon of
<br /> the sums socural by this Security Instrumont by rcason of any demand made by the original8�rro�ver or norrowa s suu:cs�,��
<br /> � in interesG Any forbearance by i.ender in eaercising any right or remedy shaU not be e waiver of or proclude the excn;tse of eny
<br /> dght,or remedy.
<br /> 12.SucccaeorA�nd Aeai�ne Bound;Jo�nt wnd Severaf Ll�billtyi Casi�aer�. 'lUa covcnants ancl agrocmu►ts of thts �
<br /> gx�,iclty Instrument shall bind and bcne�t the successors end esai�n� of l,ender and aorrowu, sabJoct to t1w provisionn of
<br /> pw�gr�h 17. BOROWCf'6{ COVC�IU1lS 8tld 11$TOCI�ICDL9 811N1 b0 �OSIII MA OCVEiiI. Ainy Borrower who co-signs �his Socurity
<br /> Yn:q�ument but dacs not cxocute !he Noto: (a) is co�signing thia Socurlty faurumau only w mo�t��e�Sru�t eud convcy Ihat
<br /> � Bocrowa'e int�rest in the P�onertY unda the eem�a of Ihi�Securlry Inatrument;(b)is not Penoru�ily obli��t�af co�►y tho aums
<br /> mecured by shis�ecurity[nstrumcnt;and(a)�rocs thxt Lcndcr and nny other Bcxmwar may�gree w exknd�modity�forbr,�c a
<br /> m�ke a�,y�ecommodadons with rege�rd W►ho�uins of this Sc+curity Inswment or tho Noec without Chat Bartower'e conx�t.
<br /> 13.Loae Cfwr�a. If the loa►�secured by this Securlty In�uumu►t is uubjxt W a law which scts maximum laan ctuugea,
<br /> snd�hat t�w is finally int�erpreted so�hat the int�erest a other loan charges c�Uxted oc to be colloccod in connoction with 1ha loan
<br /> exccad the permisud lUnics.then:(a)a�Y such loan charge shall bo reduced by tho emount noces.'�orY to reduce tha charge to Iho
<br /> pem�ittad limit;and(b)any sums already oollocced from Borrowu which excoeded pamiuod limits will be refunded to Borcower.
<br /> Lencler may choosa W make this refund by reducing the princiPa! owed unddr 1ho Ncte or by making a diroct payrt�nt to
<br /> 8orrowa. If a refund reducr.s principal�the re.�ucdon will be veuted as a panial prepaYmenc w�thout any prcpayment char8e
<br /> UIIdEf�IC NOlC. �_��._..: .... Ae 1.ra.i n it nr h mniling it
<br /> 14.Nmtkq. Any not�ce to Borrower proviclen aor in tais Secwiry insau►��W�.�+��t.�,�,�.:w.�p...�....,r.p--- Y
<br /> � by Cusc class ma7 unkss Applicable law rcquires use of an,nther mcthad.'lhe norice sltall be dirccced W tha PropertY A��or
<br /> any oth�tr ucldress Borrower designates by notice to L,cnder•AnY nodce to L�nder shall ba given by fust class mail to I�der's
<br /> address s�tatuf herein or any other address Lender designatey by notico to Bonower. Any nodce nrovidal for in this Security
<br /> Inawment shail bc dccmed to have becn givcn to Boao�vu or I.ender whcn given as providc;d In this paragraph•
<br /> 1S.GoverninR Law;Severability. This Sccuaity instrumcnx shall bc govcmed by foderal law and thc law of tho
<br /> j�r(sdiction in which the Propecty is locaud.In the event that any provision or clause of this Socurity Instrument or the Nou
<br /> contlicts with appilcablc law,such cont7ict shall not affect other provisions of this Security Insttumem or QIte.Note whlch can Ue
<br /> givcn cffect without the conflicting provision.To this cnd the provistons of this Secur{ty Instrument and thc Nota arc dcctarcd to
<br /> ba scvcrablc.
<br /> Fotm 3021 8I00
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