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<br /> � ` paymenTS may no lunger be required,ue the option nf l.end.r,if mortgagc insurance wverage lin the umaunt and for the r�od
<br /> that Lendsr requircs)pr�vided by an insurer uppravcd by l.ender ugair�becomes available and iy mbtair.ed. Burro�vrer s4iall pay ���;,�.:
<br /> � the Qrcauu:ns required to maintuin mortga�e insurance in effect,ur to provid�a loss retPrve.�mtil the requirement for�r.ortga�e ;�,:�,:..
<br /> insurance eads in accordzjnce with cu►y written agre�ment bet�veen Borrov�+er and Lertder or upplicable law. ;��_
<br /> :` A '
<br /> '`` 9,Ins�ecttoa.Lender or its agrnt rn�y m�3:c rcasor►�ble eniries upon and inspections of the Propeny. L.err3er shall give ���=
<br /> ��'. Bflrrower notise at the time of or prior to an inspection spec�fy►ng�easoreable cause for the inspection. _ _
<br /> :��
<br /> 10. Condesrmatton.Ttte praceeds of any award or claim for damages. di►�ect or cans�cluential. in cannection with any _
<br /> condemnation or other taking of any part of the FropertY.or for wnveyance in lieu of condemnation, are hereby assigned and
<br /> .��
<br />' � shall be paid[o Lender. —__
<br /> . In the event of a total taking of tt�e Property.the proceeds sh�ll be applied to the sums secured by this Security Instrument, �,.__:
<br /> ' �' wh.e,t�er or not then due.with any excess paid to Eorrower. In the event of a pfutial taking of the Properiy in which the fair
<br /> n -
<br /> market value of the Propecry immediately before the takiqg is equal to or greater than the amouE=t of the sums secur�bY t�is �"^'�;:
<br /> Security Instrura�t immediately before the talaing.unless Boirower and Lender ot[�erwise agree:n writing.the swms secured by �
<br /> � this Security Instsument sha11 he rednced by the amouns uf the proceeds mulaglied bY the fouovring fradion: (a) the wtal
<br /> amount af the sums aecum,d immediately befos�the taking,divided by(b) the fair mark�value of the Property i►nmediately _
<br /> before the taIdng• AnY balance sl�all be paid to Boaower. In the event of a partial taldng of the Property in which the fair �__��
<br /> � ma�ic�t value of ttae Property imme�liatelY before the taking is less than the a►nount of the sums secured immediately before the _.
<br /> t�ang,nn2ess�zrower and Lender otherwise agree in�vriteng or unlecs applic�ble law etherwise provides.the proceeds sfcall ��"
<br /> �.�;`'r� be applied to t►r��^.s secured by ttis Securitg Insicument��hether or II��e sums are then dae. ,�.;.=�
<br /> •x��i(� If the Pro��`cy is abaudc�e.�6y Bor�av.,�a.or if.after notia by Er��ar to B�rrower that the ea;,r�uor e�'��make a�
<br /> a_r._...,,. �„�u.or failc r�rnznond to Lender within 30 days aher�r�u{� (+�C Ht�2 13 g1V8D. ��:r:
<br /> - awaro or su[ie a cwi„i iv. .+m��•,�, �—•-�:-`..
<br /> -�� Lender is a�Lkorizxd to coGe..��ad appty the proceeds,at�s option,either to restor�i,�m�r repair of��Propetttd;�c�xo the swns ��„�;s,
<br /> /"'�Y,�:
<br />' '�";!; S�ured by this Security Instmment,whether or rtot then due.
<br /> �' ���% licarion of raceeds ta + s�a:' ti�t extend or
<br /> . .,�;i; Untess Lr�,r�,r an�3orrower othenvise agree in writina, anY �TG P ��� ��'s�•
<br /> � � S _r.rstpone th���e�fit�o�t�e�onttilY PaYments referred to's�paragr��s�.fad 2 or change the acrzo��:..-z of sucli��.�_..ents. .��;;..'
<br /> . 2r€fo�aa���!�02�k�:z�:d;Forbeat�ate By d.�an77rsr�-at a'Cf��r.Ex�.e��ina of the tiuie for paymeatt oT�3ification �;R:��
<br /> . vf:�mo���iaci•cm�o�:''.�:s=:�sec�red by this Security L-.��mer•.t gr�.:.::..�:r;Leadc��:��successor ia interest aL Berres��u shaU �W.:._-
<br /> � �;
<br /> , ,.: ;,. not operatx^.��Z��e cTa°laa���of ths arti�:.:a!'�3 �,� w�r or Boa�xc��saccess��a�i*.r,erest. Iander shall cr�:��'uin�tn� __
<br /> ''.:`';� cammence proo�Cdr,�s��zxs}suco�sac a�c�er�-t�r T�se[o�t�nd time for payment or other+Hise modi£y amorti7ati�an: �r,��:
<br /> :: at?; , �..��:
<br /> of the sums secured by thi:s �ecurity InS�n�ent by yEason of any demand tnade by the ori�inal Bosrower or Bonow�r's •��:-,:___
<br /> �' successofs in interest. Any fi�1'seaiance bY I.eAdeY in e:.•�sing any right or remedy sha11 not be a waiver of or preclude the ;�;�,�„
<br /> � exercise of any rigt�t or remedy. ---
<br /> . _ 13.Saceessotis an8 A�Ig�s Bousad;.Doiat nnd�eversl Llals4�Ity; �Co-sEr�neas. 7l�e covenants and agreements of this ��.
<br /> s e
<br /> �ecurity Instnunent shall bind and benefit the successors and assiSns of Leader and Borrower.subject to the provisions of �
<br /> __- - p�*aQcaph 1�. Borrotver's wvenants and agreeraents shall 6e joint and several. Any Borrower w3�o co-signs tlus Serurity '
<br /> � Instnratent but does not execute the Note:(a)is co-signinD this SetunlY InsWment only to[revrtgage,gr�st arud co;�vey th�t �: •;
<br /> Borcower's interest in tlie Property under the terms of this Securiry Instrumeur.(b)is not pe�sonally obligated to pay the sutns ��_',
<br /> Secumd by this Security Iast�umEnt;and(c)agrees that Lender and any other Borrower may ag[�e to eatend,modifj+.fo�isear or �„ _
<br />.. `�)��A �ke any uccom,-nodatiuns with regard to the terms of this Security Instrument or the Note without that Borrowes's c�nsent.
<br /> � '`'' j3.Lvsn�C�.Lf the loan secured by this Securiry Inswment is subject to a law wiuch seis maximum loan charges, ___
<br /> anrl t6at lav�is �inalty inte�preted so that the interest or other toan charges collected or to be collecced in oonned�on with the �,.-,:
<br /> , (oan exceed the pemutted limits.then: (a)any such loan charge shaU 6e reduoed by the amount necessary w reduce the charge �;,��`;;
<br /> to the permi:te� limit; and fb)any sums already collected from Borrower ahicA exce�ded permitted limits will be Tefunded to :,r,.,;.-
<br /> Borrower. F��rictl::may choose to make�'ais refund by reducing the principal owed under the Iiote or by c�aking a dirart °�°'"
<br /> i
<br /> paYment to ��.^zower. If a refund red�� principal. the reduction will be treated as a pa�r�Z r��3+��t without any [^�,;.
<br /> • prepayment charge under the Note. . R'
<br /> � 14.Notices.Any notis�to Borrower provided for in ihis Security instrument shall be given by deli�.ecur�i:t or by mailing �����
<br /> ,. �.. it by first class mail unless a�plica6le law req�ires�sse�:fc:nother methc►d.The notice shall be�directe�to c.`-e.�c��ert3+Address •��°
<br /> ' or any other address Borrawer designaL���'� notia L�. ri.ender. Any nfltice to Leader shall be geven by$;:vt class mail to
<br /> t• I.ender s address stated herein or any ce9hc��ddress�a�7:r designates by nodce to Barrower. Any atotice pnssa:ea f�in trk�eb .
<br /> � ' S�curiey Ituwment shall tsc�'...�ed to P.�,��e ioeen gio�r r,a Borrower or Lender vfhen given as pmvided in this�ra�:��'ap . f�.
<br /> . lS.Gove�ning LaRr `�+�rub311ty 77ris Se�n:c: Inst�ument shall be gau,�� lry federal law uuY• +�tr: taw of the ��R�;
<br /> �s locatad.In the e��t that any provision or c1tn,ae of this Secvriry Insuu��t or the Note ���x�
<br /> • j�:ttsdietion in which the FmGraty' _
<br /> . ..�.�, . . oonflicts with applirablo taw,such confliet sball not affect other pmvisions of this Security Instiumr.nt or the Note which can be �_
<br />- given effect without the conSliciing provision.To tivs end the provisions of this Security Inswcurau: and the Note are dectared
<br /> ' to be severable. __.
<br /> � ' 16.Borrowu's Copy.Borrower shall be given one oonfommed copy of the Note and of this Security Insmument. -__
<br /> Fortn 3028 9180 ��
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