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<br /> psyments rmy na tonaer be�quired,at the option of Lender,if mon�age insurance m�erage�in the amo;snt:uid For�he period =-�
<br />`� that L e n der requires)Provided b y an insurer a pproved by Lcndec again bxrn�tes avaitabte and is oBtained. Borro�ver shall pay
<br /> � che premiums reguired to maintain mortgage insurancc in effec�.or to pmvide a loss ressrve.until the rcquirement for mnrtgage ti:
<br /> insurance ends in accoidanc�e with anY writte�a�ment between Borrower and Lender ar applicabte lu+v. ��i�;
<br /> ,� 9. Att�giect�faa. Lendrr oT its agent may matce reason,lble entries upon and in_�ctions of the Property. Lcnder shall give �figF�i�_
<br /> <:
<br /> ' Borro�ver notice at the titne of oe prior to an inspeccion specifyinS reas°nabte�►use for the inspecuor. Ps-���:`
<br /> _� 10. Condemnutton.7'he pmcceds of any 3tvanf °r daim far damzges. iiirect or conu�uential. in connection�vitb any `".'__+
<br />��� condemn:tion or ather takin�of any part of the Property.or for conveyanze in tiev of cnndemnation. are hereby assigrnd and }
<br /> ' shal!6e paid to Len der. �'-f'-'"
<br /> � In the event of a total taking of the Praperty,the pmc+�ds shall be applied to the sums secured by this Security Instrument. . ', ��`
<br /> ; whether or not then due. tivith any excess paid to Bomower. Iu the event of a parti�! taking of the !'r°PertY i►►which the fair �;<<:��,�,;
<br /> t market value af the Propeny immediately before the taking is equal to or greuter th�n the amnur►t of!he sums secured by th�s s1.,. ..
<br /> �i Security lastniment immediuiely heforc the taking.unless Borrower an�Lender othernrise agree in writing.the suiru secured by %,;,.F�,;.
<br />'�,�. this Sece�rity Insuut�ent shall be redaced by the amount of the proceeds muldplied by the follaeving fracrion: (a)the torYl ;�j�;s;,AT.'
<br /> ;.,,,,:���.
<br /> amouat af the sums sewred immediately before the tnking.divide�by (b)the fair madcet valce of the Property immediate3y . .
<br /> `1 before the takin�.Ar►y balance shaU be paid to Bamovrer. In the event of a partial taking of ihe Property in which the fair 'f,;.,;.,
<br />.`� , ;�.,�,.�::
<br /> -; martcet value of the Prap�cty+immediately before the taking is tess than the amount of tF�su�ms secund imm�edi3sely before the �{;f1f5f••��
<br /> taking,unless�n�muer�'�d i.ender otherwise agree in wricing or unless�Plicable law atherwise pr�vides, the�Sr�eeds•sh311 yt^�:;;,i:
<br /> be applied to tir�s�secured by this Security Inswmeat whetfier or nat tre sums are ehen due. �'t,%--'
<br /> ° If the Pro{ierty is abandoned by Borrower,or if,afcer notioe by lznder to Barrower that the condemnor offers to malce 2� �Y�>��
<br /> �• award or settle a claim far datnages. Borrower fails to respand to Lender with�n 30 days after the date the notice is�iven. >r'`
<br /> �t�T�
<br /> I.ender is anthorized to cvll�:t acd apply ihe proceEds,at its option,either to restorcti�u or repair of the Pcoperiy or to the s�urs ���Fs_•
<br />�� � secumd by this Security Insirrument,whether or not then due. �� -
<br />...i 1 ��sal...,
<br />- Uriless �aer aad Borrower othenvise agrec in�vriting. anY ap�lication of praceeds to principal shall not extertd a* --
<br />-°:z postpone the�;.:,.s cLzte of the momtilY paymeau referred to in paragraphs 1 and Z or change the amount of such Qaymeats. ��,�.
<br />°�,. 11.Bu�as�r No-i Released:I+orbea�z�nce iiy I.euder Nat a Waiver.Exteasion of the[imr.�ar payment or modifcation. {._;_,:,.
<br /> �, ,..__.._
<br /> of amortiTatioa of the sums secured by this Security Insirua�ent granted by Lender to any successor in interest of Horrower shall _�,
<br />•`:_�� not apeiate to release the IiabiGiy of the original Borrawec�ae Borrower's successors in interese.Le�r shall not Ene nquired W �{-,5:
<br /> =_ ��n�g�a�ings agauut any snccess�r its interest cr s�fi�se ta extend time for p.�yment or oth�svise m�dify anwttimtion .
<br /> --- of the sums �u�3 by this Security I���-�ent by reason of any demand made by che ori�ival Bonower or BorroKtr'�
<br />:;y�• sncces,wrs in irit�st.Any forbeaiance by l.�nder in exer�ising any right or remedy shall not be a waiver of or preclude t� �''.
<br /> t
<br /> exercise of any right or mms�iti1- ��''"��'�
<br /> . �; 1Z.Successors and�3.asigns Bound; �oint aad a�veral Lia6Ildty; Ca-slguc�s The covenanu and agr�:nts of this �,. ;'. ,
<br /> + .��.
<br />,�:i: Security Instr�at�tnt shall bind and benefit the successors an�1 assig�s of Lender and� r�orrower. subjed to the provisions of Q,i,��
<br /> paragtaph 17. �orrower's covenants and agreements shall be joint aad several. AnY Horrower who co-sigas this Security �:,_
<br /> -� dnsmunen't but does nox execute the Nota: (a) is co-signing this Security Instrument only to mortgage,grant and convey that �;�,;;�
<br />°�y" sp►�r.cs�vei s interest in the Propecty under ttie term4 of this Securiry Insuument:(b?is not personally obligated to pay ttte sua� —_—_
<br />:.t_i �..�,,
<br /> a�oured 6y this Se�riry Instrument:and(c)agrees th�t 1.ender and any other Borrower may agree to eatend.ma'•�fy,for6ear or �j���;,*'-
<br /> '�_��' make�ny ac�mmodations�vith regard to tlie terms of this Security Instrument or the Note without that Bomnww's,vonsen�
<br /> _ 13.[,oan Charges.If the loan securcxi by this Security Instrumeat is subject to a law which sets maximum taan chazgu�.. _
<br />��f i�, and titat taw is finaUy interpreted so that the interest or other loan ch:,t�es collected or to be ooEla�.�in connection with�i7•e �y:.
<br /> :•�� Ioan exeeed the permitted li.crw+s,then:(a)aay such toz.a o�rge shall be s�..duced by the amourrt c�:�sary to r�.�ce the et�= ___
<br /> i to the permitted lunit;and f�)�y s���y�llec�,il lr.�m Borroc+•2r which e�ed pemutted limits will:It�e nafundz�ta ��
<br /> ' Borrower. l.ender may chaosQ to make this refund b� ^�,�cing t�e r-incipal o���: under the 1Vote or by una��g a dimct
<br /> , payment to Borrower. If a refund roduczs arincipal. the reductio� �+�•ill be treated as a par'':z1 prepayment without aIIy r._..
<br /> +- ; prepaymeni charge under the Note. ��_
<br /> � . 14.Nottces.Any notice to Borrower�rovided far ia this Security Instrument shall be givei.�L+}delivering it or by maiiing
<br />' '; it by first class mail unless applicable law�equires usF cl;�another methad. The notice shall be directed to the Ftoperty Addmss i==
<br /> S ar any other address Barrower designates by notice �o Lender. Any notice to Lender shall be given by first class mail to �.l v:l.`
<br />:��:�,•? . . Lender's address stated herein or any ath�r, zddress Lender designates by notice to Borrower.Any notice provided for in this �_��
<br />":'`� Security Inswment shall he deemed to hs�:�::been given to Borrower or I.cnder when given as p:�u aed in this paragraph. � '"�'
<br /> � 15.Governin$ Law; Sevetia631ity. 'fhis Security Instwnent shall be governed by laizca! law and the law cFel:e --�
<br /> � � •'
<br /> �.� jurisdiction in wluch the Property is locatyd. In the event that any provision or clar�vf this Security Instrument or the Note
<br /> ,,,�� . conflicu viith applicable law.such rnnflict shall not affect other provisions of this�ac..-�ty lnstrument or the Note which can be —
<br /> �::.``�r , geven effeet��ithout the oonflieting provi:ann.To this end the provis;c��a:of this Security I�strument und the Note are d�lc��r�cl �
<br /> ``;��� � to be severahU.:.
<br />"<.�r�:° lb.Bflrrower's Copy.Borro�ver�wh�Li be given one conformed oo�y of the Note and of ttas�r�;.;:rity Instrument.
<br />�.,�,� f Form3028 9190 =--.-
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