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<br /> payments may no longer be rcquired,at the option of Lender. if mortgage insurance coverage lin the amount:ind for the perial :t 4z� � - � 3� :
<br /> - that Lcnder cequiresl providcd by an insurcr appn�vexi by Lcndcr agaiii becumes av:ulable anJ iti obtaincd. Borrower+hal! Qay i -�� , ';'.�'Y'� �c:��.,�;
<br /> the pmmiums reyuired to maintain mustgage ins�erance in effect.or to provide a lo++ retierve.until the requirement for mortgags fb-.�F�.����,�y_ .�
<br /> :::.�„_ 3_�K,-`
<br /> insuran�r ends in accordance with any written agreemem betw�en Borrower:u�d Ixmier ar applicable la��. f.:,4-�
<br /> Lcnde�+h:►tl ivc r���. : -;:�,,���
<br /> 9.Ins�ectloya. Lender or i4w agent nuiy make n::uonable entricti apon and inspcction�+uf the Property. � . �1:t-�y-----�:-_.
<br /> Bi�rrowet notice at ttte time oF or prior to an mspection specifyinS rrs.�nahle caa�c fur the incpection. . _�..�,:_,,,,`__:
<br /> (Q,C�emaatlon. The praceeds uf any awani or claim far damages. dimt or consequ�ntial. in cunnection with any , ,�,4 -� ,;..
<br /> �� t:::.;
<br /> rnndemnation or other taking of any part of the Property. ur far conveyance in lieu of condemttation. are henby assi�ed ancl . � :;RK4,: �k,e _—
<br /> shall be paid tu Lender• � �`� f `:� i'�
<br /> 1 � In thc eyen►nf a total takine of the Proprrty.the Proceeds shall be applied to the sumy secor�d by this Security[tutrument. �����, ��
<br /> _��_..._,_��._r.,,— _ -
<br /> �cbethes or not then due, with any excess paid to Borrowe�. In the event of a partial taking of the Praperty in wi►ich the fa:r !W"�__,.-s=.� -� .-.�.
<br /> martcet vr�lue af the Property immediateiy before[he taking is equal to or greater than the amount of the sums secured by this �_ -���_-�
<br /> ed'
<br /> Security Instrument immrdiutely before the taking.unless Borrower and Lender otherwise agree in wriEing,the sums secured bY � ��`''° , � :- - _
<br /> this Security Liscrument shall be reduced by [he amount of the proceeds muttiplied by the following fraction: (al the total -
<br />. amnunt of the sums secured immediately before the taking, divided by (b) the fair market value of the Property �mmediately F��?.����=_��__-y^�
<br /> 1)Tj��
<br /> befare the taking. Any balanoe shall be paid to Borrower. In the twent of a partial taking of the Property in which the fair .+ =..�w_,.�._,�.y:
<br /> market value of the Property ianmediately before the taking is less than th�amo►uu of the sums secured immediately before the n������ __
<br /> s�"��y �
<br /> taking, unless Bomower and Lender atherwise agree in writing or unless applirabte law otherarise provides, the proceeds shall ,_�
<br /> be lied to the sums secured by this Security Instnunent whether or not the sums are then due. �.�=:�°_':—�--_---_==-.: �
<br /> aPP �:-,a,axs'�_�
<br /> If the Pro�rty is abandoned by Barrower,or if, after notioe by Leuder to Borrower that the condemnor offers ro make aa �;_�_���
<br /> a�vard vr settle a claim for daFnag�. B�mTawer fails tn respond to Lender within 30 days after the date thQ nocice is given, � 1rz'•--
<br /> c� � :r_ ..-i-,�n="..�;--
<br /> , . „_ ::_ - .,.s� .
<br /> LendEr is authorized w collect an��ly the praceebs.at it4 option.either to restoration or repair of ihe Progerry or rn the sums ��:�-.
<br /> secured by this Security Instnuner_t.w�echer or nnt then due. _ �"���,���'_-
<br /> '�'• Unless Lender and Borrower c���:.r�-�e �n wr►nng, any aPpliration of proceeds to priura.pal s5a11 not extend or
<br /> � postpone the due date of the monthly��;�r�::n=�emed to in paragraphs 1 and 2 ar change the amoc►nt-��such paymenu. r ,,�;;`-
<br /> �.,._:;:=:----_-
<br /> 21.Borrower Not Rel�:�'��'•��ce BY ���r Nat a«aiver.Extension of the time for payment or modification '.���d
<br /> ?�!`,'>8{.rc,>::-..,.
<br /> �,�.�..�:r„ ,,.�
<br /> of amortization of the sums sec�:ie1 E�y�this Security Imtrument granted by Lender to any successor in iaterest of Borrower shalt a .. ..
<br /> not operate to reiease tt►e liability of the original Borrower or Be�nower s successors in interest. l.ender shall not tre required to .,+ ,:r',� ,':
<br />,���f%• cownence proccedings againsc any successor in interest or refuse to extend time for payment or oihera.=�modify amortizatio� ° ��`�� �•�: ,•.
<br />.:SY.�(_ �. e ,�n�> . . .
<br /> of the sur� secured by this Security Inst�ument by reason of any demand made by the originai i�_r.r��,ver aa Borrower'Q '`� ���;; . �:;
<br /> s¢�aa;�s�rs in interest. Any forbearance by l.ender in exercising any right ar remedy shall not be a w����:f�Y ra-�tude t�° - '�,r,,t' ' ,
<br /> ,.,:
<br /> ` ex��sz of any right or remedy. ,. ��;::'. "--
<br /> '�c-:�.
<br /> .'"`, .A, �2. Suo�ssors and Asslgns Bouad;JoInt and Seveeal Liability; Co-signers. 'The cuvenants and ag:��as►:� of this Gti � . ;
<br /> Secvrity Instrument shall bind and henefit the successors and assigns of Lender and Borrower, subject [o die pravisions of �-�:'�►?�;��,'°•�;�_,,_,.
<br /> paiagraph 17. Borro�ver's covenants and aerer.ments shall be joint and several. My Bonower�sE�o co-signs this Securiry A:'•�`.��}��!:'� .
<br /> t and conve that �'^
<br /> Instrument but does not execuce:he Note: tan i:s co-signing this Secvriry Insttument only to mortgaa�,gran Y ' . • ��i�..• '.a'_.
<br /> tiv r's interest in the Pra�a�-'�, �nder c.��erms of this Security Instrument;(b)is not personally obligated to pay the sums ' _�e.,_;::; ,�t';.i_;P ,__
<br /> Borro e :t�,•�,•�;`,.,,;� _. .
<br />�'` I secured by this Sacurity Insyra;�e:it;and t�����t�r'�and any other Borrower may agree to extend.madi�.forbear or �,4,.�;�'":'
<br /> ,t.�l��; make any accomaaa'3���ans w=�reSard to t�''z=�s of this'�ba:.rity Instn�ment ar the Note without t�.�:8orrowd�G.unsent. ��
<br /> .: ,�,; 13.Loan C�a.gES.If the loan secured•�y this Se�:��:� �^�.�rrmn�nt is subject to a law whicb s�+..�:,�.ax.*.���.��oan charges. �'?���,�:<-�°`��-:
<br /> '.`�`t 2cL�r�^�•.law is finally interpr�•e�sa that the interesY cr�1?_i��r:,=n.�.1,'�collected or to be col:�.:a5y�� .."c'Z��on with the ��?�.�_��-
<br /> [os+��r:��d the Demutted lim:•:.�.dr.�: (a)any 6uch loan a�s�;e shall be redaced by the�^.ount r.ec��.ry•to rr�.���the charge " _,:... ..��l�
<br /> � to titre;xrtnitted limir.and(b)�.v,+ s_ms a!:eady collected from Borrower which exa�:��fesau��fimiis wilt l�:rzfunded to ,.9`f:,;,c;4:;`"'..y.��,M=�:,.,:
<br /> , Boaower. Lender may choose to �.:.�se r.tti=. *Lfund by reducing the principal owe�i �_n3rr�he N�or by �ng a direct �`°°�` ;. �.
<br /> , payment to Borrower. If a re�^d re�''..�.�:+�.s �rincipal, the rP.duction will be ueated as a F� prepayment without any ;��(<�'`;,��
<br /> pnepayment charge under the I�c�°. " �'�i '��` �
<br /> 14.Nodces.Any notice�a�-�r.�.Ue:provided for in this Secwity Instrument sha71 lr given by delivering it or by mailing . .� �,���,. :•
<br /> .�7�'� 1 .
<br /> it Is�-r i':rst class mail unless a�'�-'�«z'�:e�a•:��u�res use of another method.7'ha notim sl�.Ll be directed to the Propnty Address ;r•" �,. ,,:�.. - .
<br /> oc�:r_ry other address Borraw«r d�.signatey i-.r_� notice to Lender. Any notice to I.er�;:r shall he given by first class mail to , ,
<br /> t :1 L.ecxi�:r's address s.ated herein or any o2.�ra',sd�fress l.ender designates by notice to Borrower. �n}<�s��tice provided for in thi�. '+;+ '
<br /> ,'A� •�� �au,�ity Instwnent shall be�'ee�r.d to have'su.r_n given to Borrower or Lender�vhen given as providr.�i tn this paragraph. 1�.'.�,��.•; �.''
<br /> ��� n5.GovernIag La�v; ��uar�9�lity 7'his Security lnstniment shaU be govemed by feder-�..i law and the inw of the •,;_�. ��:-
<br /> •� jurisdiction in which the Prapa�; s locsted. In the event that any provision or ctause of this $ecur.ty Insmun�t�r the Note f�.�;-_
<br />��:;!,' ' conflicis with applicable law,s��'��nflict�lr:�ll not affect other provisions of this Security[nstrument or the I3atc c,"�ich can be -��<ti'.; *'
<br /> ��'��_.,..
<br /> given effect without the confliaing pro�iu,ac- To this end the provisions of this Security Instnimast and the Note are declared �3�,_,`
<br /> • ` to be severable. �
<br />
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