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<br /> �p:►ymcnts mny no longcr bo rcquirctB,at the opdon of L.cnder,If f1011$QF,*C IDSU�AIiCC C�SVCFA�C(IO l�iC N110Uf11 0.IltS f0Y lI1C�CP�Oa
<br /> that Il..er�der rcQuiras)provlded by an insurcr approved by I.endcr agan becomcs nvaiinbl�nnd ls obmincd.fiorrowcr shall pay tha
<br />�:-•�K::�- pnmiurns rcquired w meinu�in mortgago insuranw in cffoct, or to pravido u loss rescrve, undl ti►o requircment far mortgego
<br /> ����v.;: � Insurance cnds in eccordanca w�th anY wrlttcn agrccment i►ctwecn Yionowcr end Lender ar applicnblo lnv�.
<br /> :�.��rr.u: �� 9.Inepr.ctfon. l.�nder or its agent may �'iieko r2asons�blo cnvies upon and inspecd�ns of the Froperty.L�nder sliall giva ,
<br /> _=_�.;,.�.� ,,, Bor�e�er nudrf:et thc t�me of or�dor to en inspecdon specifyi�g rcawn[tblo cuuse for tho inapectlon.
<br /> '-'�-'�!:'' 1Q.CODdl11111A1bA. '1T10 proCl�eds oi w�y dwniu �i C�af� :.:�.:P.:"e.�.��rwrr nr rnnrr�uepiW.lil CODI1CCllOtl Willi Ally _.
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<br /> �,����i candemnadon or o�hnr ta{cing of any part of thc Propeny,or for cnnveyaace in lieu of condemnexion,ere hcrcby asslgned end
<br />'�y%�� shall be paid to Lendet.
<br /> .._....� In Iha avent of a total taking of thc Property,the proceeds shall bc applied to the sums secured by this Socuxiry Inswmcnt,
<br />-;. : .�'`;y} whether or nat then d�o.with any oxcess paid to Borcowet.In the event of a pardal tskin8 of the Propeny in which the falr murket
<br /> ,": valae of the Properry immeclintcly before the taking is equa�t�or greatcr than the amonnt of the sums secured by this Securtty
<br /> `''�`_ �t ''� Ins�ment immcdiatcly before thc teking, ttnlcss Borrower and L.ender otherwise ngrce in wrldng, tha sums secureG Ly Uiis
<br />:�:''"�,��'�'+� Securiry Instrument ahull bo reducecY by Iha emount of the proseAds muldpliod by the follawing fracdon:(a)the wtal amount of �
<br />`���-�-:k�,� tho sums socured immediately before the taid►�g, divldcd by (b) tho fair market value of t�e Property imm�'.dintely bcfore the
<br /> �`�'�';�"��+� taking,My balance shall bo pai�to Borrower.In the event of a pardal taking of the PropertY ln which tho fair market value of the �=-
<br /> -�="°.'�'� Property immediately beforo the taking is lcss than the amount of the sums secure� immodlately before thc tnking, unless �*''
<br /> ^�,'� Somower and Lendu niherwise agre�e in writing or unless appllc,�sble law otherwise provides,lhe proceeds shall ba epplled to�he
<br /> �y;�.��° sums socured by U�1s Secutity Iasru�ent wheth�or not the sums ero then dn�. _.-
<br /> "`"�'��"'� If ihe Property is nbandoned by Borrower.or if,efter nodca by Lender to Borrower that tho condemnor offers to make an _
<br /> �:�-�rz,� �ward or settla a claim for damages.Borrowcr feils to raspond to Lendu with'sn 30 days after tha date tha nodre Is given,I.ender
<br />�°''=�'..=..`�-�-• is enthorized co collec¢and apply tha proceeds.at its optton,either to reswration or repair of th�PropertY or to the sums secured
<br /> ,_ �,. ,� by thfs Security Insuument,whethe:or not then due.
<br /> ��J} �' Unlcss Lender and Borrower otherwise agcce in w�ldn8,anY aPPlic�don of proceeds w pdncipal sh�il not extend ar postpone
<br />-�--�-=���--= tAe due date of the monthly payments�ferred to in pamgraphs 1 and 2 or changa the amaunt of such payments.
<br /> 11.Borrower iVot Rekased{Forbearance By Lender Not a Waiver. SxRension of tho tlmc for payment or�odificadon
<br /> =— of anwctlzadon of the sums socund by this Securlty Instrumel►t grsnted by Lender to a��y successor in interest of Borrower shall
<br /> ":,u�; not opc�►•,a to release tric]iabiliry of the odginal Borrower or Borrower's successors in interesG Y.ender shall not be requl�rGd to
<br /> ___---_-_— commence procecdings against any successor in interest or refuse to extend time fox paymer�t or otherwise modify amorti�ation of
<br />_ ____ - cnc svms aaiue�i�y u.i���:r�I.zoszsssr.�..r.:!�;n�,,,"^�nf�ny Apmand made by thc orIglnal aQrcower or Borrowu's successors
<br /> �=�� in inuxest Any forbearance by I,ender in eaercising any right or remedy shall not bo s waivu of or precluda the exercise af any
<br /> __ ------ tight or remecty. _
<br />-�_-- 12.Sacccs�oro and A,ssigns Boand;Jaint and SeverAl Li�bflity; Co-aigners. '[iie covenantv and ag�ements of this
<br /> . Securiry Insuumcnt shaU bind end bene�it the successors end assigns of Lendu and Borrower, subjxt to thc provivions of
<br /> - peragraph I7. Borcowu's covenants and agreements shall be joint and scvcral. Any Borrowu who co-sigris this Security
<br /> Instcument but does not eaecute the Note: (a)is co-si8nin8 this Security Instrumem onty to mortgege, gant and convey that
<br /> —�- ' Borrawu's interest in tho Prope,rty undec the teims of this Socurity Instcument; (b)is not pusonaUY obliBa�d co Pay thg sums
<br /> -- -- aecured by this Security Insuumcnt;and(c)agrees that I.endu and any other Bonowu may agroo co aatcnd,modify,forbear or
<br /> . ma�o any acccxnmodauons with regsud to the cer+ns of this Security Inswment or the Notc without lhat Borrower's conseci�
<br /> 13.Lwe C6ir`e�. If the loan securcd by thLs Sccurity Insttument is subject to a law which sets�naxfmimi loan charges.
<br /> ' and thac Ww is finelly inurpretsd so that iht i►►tcrest or othu loan charges collected or to be wllected in connccdau with the loan
<br /> ' oxceed thc permitted limits,then:(a)any suct�loan charge shall bo reduced by tha an�ount necces.5ary to reduce ttus chergo w tt►e
<br /> � permiucd limit;an6(t�)any sums nlready collecced from Hosrower which cacuded pamiued limits will be nftindal to Borrower.
<br /> Lender may chcou w make this r�fund by reducing the principal uwed under the aoee�t Withom�a�ny p�Ymentc harg
<br /> Batmwer.If a refund reduces principal.the rcducdon will be treated as a partial P�P Ym
<br /> unda the NoW.
<br /> 14.Notkes. My nodce w Bonower providcd for in this Securiry Insuument shall be glven by delivering it or by mailing it
<br /> by Cust class mail unless applicable law requires use oP�uiuu�ei�a�,`►�i.T.:c r,a•:�.:�.:1!�dtre:i��!?�t!!e Pmne�rt�y Address or
<br /> any other oddress Bosower drsignates by nadce to I.ender.Any nodce to l.ender shall be g�ven by fust class mail w Lender's
<br /> address stated hcnin or any othor address Lender designates by nodce to Borrower. My nodce provided for in this Security
<br /> Inshument shall be deemed to have becn given to Borrowcr or Lendu when given es providcd in�ltis paragraph.
<br /> � 15.Govenain`Gaw=Severability. '[tiis Security Instcument shall bc govemed by fedenil law artd tlie taw of the
<br /> — jurisdiction in �vhich the Propaty is located.In tho event that any provision or claase of this Securiry Instrument or the Nota _
<br /> - conilicts with applicable law,such canfllct shnll not affect olher provistons of this Sectuity Instrument or the Note which can be
<br /> --=-- given r,ffcct without the wnflicdng provision.To thL�end dno provisions of this Security Instrument and tha Note are d�;lazcd to _
<br />.._--.�. --= be scvcrablu. _
<br /> -- -- Form 3028 �/00
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