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.:_ �,,,.. : M�i � , . . ,.._.. ,...,.,�,r-,.. ... . . -- -- .__ t.. _ . • - _.�.__�_�._� ,. ��'f--. .,:: ,�-. _.. . . _._.___.e'�..w.:��:.Q.L�._- _...._ _- - — --— � 9��- �.l�� paymcnt� may no longcr bc requirai.at the option oi l.encler,if mortgage insuruncc c.ovsruge n the amaunt a�Sd Fot fhe pericxf that L.ender rcyuires)provldtd by an insurer appraved by I.cnd�r again t►ecomes avuilabte and is obtuined. Borrower sh�ll pwy thc pm��iums required to maintain martgage insurance in o6fect,or eo provide a loss reserve, until the requirem.nt for nx►ng�ge Insurance cixls in accordance wir��Any writicn asreement betwecn Borrower ancl Lencter or applicable law. g� Iropect�on. [..cnder or its egan►may make reasonable entries upon a�x1 inspa:iious of tiio Pro�ze¢y.Lendcr shall�ivc .-_ 8ormwer notia at the time of or prior to an inspection apec3fying reasonable causo for the inspectlon. 10. (;on�kmnatlon. The proceais of any nward or cleim for da�ages; direct or con5ec{uentia�, in cau�ection with any condemnation or other tsking of any part of the Property, or for conveyance in lieu of eondemnation, are hereby Assigned and shall be paid to Lender. in tt�c evcnt of u total taking af the Property,the procceds shall bc applied to die sums secur�by this Security Instrument, whethex or not then due, with any excrss pafd to Barrawer. In the evcnt of a pariial taking af thc Prop:,rty in �vhich thc fair n�arket value af�he Property immediatcly ixfoxc the taking is equal to or greater than tlie amount of the sums secured by this Securiry Instrument immediatcly before the taking,unless Borrower and Lender otherwise agree in writing,the sums securod by this Sesuti•ity Instrument shaU be rcduoed by the anwunt of the proceeds multiplied by the foltowing fraction: (a) the tatal anwunt of the sums secuned innmediately befnre the tafcing,dividod by (b)the fAir muket value of the Propeety iinmodiately befon'rhe taking. Any balsnce shzll be paid to Bormwer. In the event of a partial taking of the Property in which the fiir m:.�ket vst�_of thv PrQperty immeiiiatP�y before Qhe taking is less than thc amount of the sums secured immedlately befon the t�king, unless}3orrower and Ler►dcr otherwise agree in writiag ar unlr,ss�p�licablc law odierwise proviacs.the proceods sfiall bc apQlied to the sums securcd by lhis Security instrument whether or not tt�.,°�'�4�s are thcn diie. If tSu Property is abandoned by Borcower.or if,after nrnoce by Lendei to Borrower that thc condemnor offers to malra an award or scttle a rla�m for damagss. Borrower fnits to�respund to I-ender within 30 days after the date the notic�e is givrn, Lender is authorizad to colloct and apply the proceals,at its option,either to restoration or repair of the Property ar to the suma socured by this Security Instrument,whether ar nof Qun due. lTnlcss Lender and Bomower otherwis� agree in writing, any application of prctitxds to principal shall not extend or postpone the due date of the monthly paynxnts referred to in paragraphs 1 and 2 or chaEaLce�t�e amount of such payments. 11.Borrower Not Rda+ed;Forbarance By Lender Not�Wnirer.Extension��the tlme far�►aymcnt or modification aF amorti7ation of the sums socured by this Security Insuument granted by Lender to any'auccessor in int�rest of�orrawer stu�ll ��y.��..n�rh�liahilicy of[he oriau�al Bonower or Borrower's successors i�interest. I.ander shall not be required to cAmmence proceedings against any successor in interest oz refuse to exte�xi time for�ayment or otherwise modity s¢nosizaGOn of the sums secured by this Socurity Ynstn�ment by reason �f uny demand made ti! the original Eorruwer or�orrowcr's successors in tnterest. Any forbearance by i..endcr in exeer.isir��.any right or�medy'§hal�•not be a wsiver of or pm�cludo the ` ' exertiu of any right or rcmedy. �• � �.g�n�s �d Asutg� Bound; Jai�:t and Severxl Liability; �c��•"��veqants and agrcxments of tltia . Security Instrumt�n shall bir�and benc.fit tho sucassors und ass�gns of 3:�nder and Sorrower, sutcjoct to the pmvisiona of parngraph 17. Borrovrer's covcnants and agroeuxnts studl be joint end saveral. �cty�H��wer wla co-signs this Security (nstrume�t bnt dc�s mt cxccutc ttw Notc: (a)is w-signing this Security Tnstrumcnt i�aiy to mortgagt, grant a�d convcy dnt Boaower's interest in the Property under the terms of this Socurity Instivm�nt;(b)�s not personaiiy oblig�cod co pay ine� securod by this So�uity Instrunxnt;rand(c)ugrees t1�at Lender etxi any othe.r'�onower roay agra to eatend,rmdify. forbair or make a�y A000mmo3atioqs with rcgud to the terms of this Sxurity Insuument or the Nou without that Borrower's mr�saK• 1�.La�n C�as�qes.If the loen securai by this Sesuriry Iusaument is su�jxt to a law wluch sets m�ximum 10�►char8es. ued4 thot law is finally interprated so that the interest or other loan charges collected or to ba colloctud in wnnoction with tt�e loan�aooed thc permittod limits,tben: (a)any such loan a�i�►r�Ka shall be reduced by the amAUnt nectssary to c+oduoe the clwge .: z to the pemutted lim3t:and(b)any s�ms alrea�y eollectcxi�om Borrower which exoeodod permittod pmits will ix refut�dod to • Borrower. L.ender may choose to make thix re4'cand by talueing the prineipal owod under the Nnto ur by m�lcing � direet ,i" '; pnyment to Borrower. If a cefund rcduces principal..t`he'':r�duction will be t►�eate� as a pa�tial prtpaYmcnt +�vi�thout u►y pnp�yment charge under the Nott. � ' � 14.NMkes.Any noticc to Borrawer provfdcd for in this Stcurity Instrumcnt shail�;ba given by delivering it or by m�iling it by Ctst class mnil vnless applicable IaH requires ase of another method.The notice shail be direrted to the Prupenry Addre�s or any other�t3rESS Borrower designates by notice to [,ender. Any ►wtice to Lender shall be given by Grst class mail to Lencle:c's addnss stated h�rein or uny other address LendGr designates by notice to Borrower. Any notice prnvided for in this Securi�y Instnimant sha9!be deemed to have been given to borrower oc L,ender whtn giveti as provided in this paragraph. 15.�ovcrning iatw; SeveeaWlity. This Security inslnrment shall be governec].by foderai law a�zd chc law of the • jurisdiction in w:hict�the i�rupNrty is locate�4. 1m:the event that an�prov[sion or clause'of this Secn�ity Irtstrument or the Note � � conflicts with sppuc�tble law.sucl�wnflict shnii not affect other provisibns of this Se�surity Instrwx+ent or tlie Nott which can be given effect witht►ut the conflicting provision. To this end the provis�onF aa1'this Stcqslty Inswment and the Nute are docl�red to be s+�varnble. � .�i�b,$o,rt+nnec's Copy.BnrQOwcr shall Ge given one conformc�d copy of the Note•un�'ui'this Securiry Insm�ment. � Form 3028 9190 Pp�4o�B