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<br />_,'t.� 9.�a$a'�"� - �.:
<br /> payments may no longer he required,as the option of I.ender.if moagage insurance coverage(in the amount aad for the period ` ; ��
<br /> _ ti�at Lender requires)Provided by an insu�er�pp�ov�by Laider a�ia�S�ara:tabtz and is obtaia�.�-r:�.:�r�1!�; �--�r==--_
<br /> the preminms required to maintain mortgage insuranoe in effect,or to provide a loss reserve.until the reyuiremeat for mortgage . , .
<br /> �, insurance ends in accordance with any wtitten ageement betwee�Eonocver and Lcnder or applicahie law. • -• � � `�s
<br /> • 9.Inspedton. Lender or its agent may make reasoaable entries upon and iuspeaious of the Property. Lender shall give � , , : �
<br /> � Borrower notice az t�e time of or prior to an inspecuon specifying r�asonable cause for�he inspection. f . • • � •
<br /> `� � 10. Coademnatton. The proceeds of any award or claim for damages, direa or conscquential. iu connecuon with aay ----�-. -�--- __
<br /> . condemnation or other taking of any part of the Propecty,or for conveyance in lieu of coademnation,are hereby assignad and . . .
<br /> � shall be paid to Lender. '.. �.. ?' .� _;. '
<br /> [n the event of a total talang of the Proparty,the proceeds shall be applied to the sums secured by this Secarity Instn�ment, _ y.
<br /> . whether or not then due. with any excess paid to Borrower. In the event of a partial taking of the Property in wbich ihs fair ,a--�:..-�.,�:�•,�r.-
<br /> mar*�val¢e of the Properry immediatety befor�the taking is equal to or greater than the amount of the�ums secured by this •�.•r _ _
<br /> . .-�--.�: �
<br /> � Security Ins[rum$nt immediatety before the taking,nnless Boaower and Lendar otherwise agree in writing,the sums secured by . . �._�±.
<br />•,`;�' this Se�urity Inson�ment shall be reduced by the amount of the praceeds multiplied by the following fiacsion: (a)the total t;r;
<br /> amount of the sams secured immeeiately before the taking, divided by (b) the fair marIcet value of the Property imm�ediatelY --
<br /> � before the taking. Any balance snall be paid to�or•o��. L�tha cvent af a garii3: ta�ag of the Pco�m� ia�hish ths � : � Y .
<br /> mazket vatue of the Froperty imr��+afely befoie the taking is less than the amount of the sums s�vred immediately before the . ,�__f_�
<br /> taldng,unless Borrower and Lender otherwise agree in writing or unless applicable law othernise gmvides,t1ie piaceeds shall #��,.;�.�
<br /> "��K :
<br /> � . be applied to the sams secured by this Security ��++�whether or nat the sums aze then due. ��i�..��
<br /> '�F'�i±'-_-�
<br /> If the Propertv is abandoned by Borrowes.or if,after notice by L�ender to Borrower that tha c�emnor offers to m�4e a�a . . ,'�'�".__,�_
<br /> ���'� awazd or settte a cS_aim for damages, Borrnw�fails to respond to Lender withia 30 d�ys after t�z�aze the aotice is given, __ _ � "'�`.' ":� _
<br />:�. �, _.- --
<br /> Lendea is authorized to collect and apply the proceeds,at its option,either to restorati�a¢r�air of t[:e Pmperty ar u�ttie sums -.. 'i-
<br /> sev.�by this Se�vrity incm�m�whether or not then due. • �:'� 'f. .:.F-- .
<br /> � S l�cauon of �s to al shall�02 extend or -�:•�'-:=:-•_
<br /> • �aless Le�dr:�and Bor��r othecwis� in writin , anY aPP� F PT�Q-'= . _�_.,.:-•"
<br /> . n � _'�.i�.
<br /> ' postpone the due cP�,�of the monthly paym�s�ferred w in pangraphs 1�.d 2 or c3�ge the amn�t of sach Payments• :..�,�,,,,,�. s:,:�
<br /> ��r` . 11.Borrower l�iot Re�eased;Forbear�_-�By I.ender Noi a oYat�c��'xtensiau of the time for payment or modifica�ion -'.
<br /> �,.
<br /> of a�tiration of the sams sec�ued by this Security Insuumenc granted by Lender to a.�;-successor in intetest of Sormwer sball ' r. �•
<br /> r.�t��ate to release the liab�liry of the original Borrower Qr Bormwer's successo:s i��.°.rest.Lender shall not be required to s��` '� _
<br /> cc�ence pmc�-gs against any successQr�-.�-interest or refuse w extea�t.me for payment or othetwise modify xmorti7arion '•�j��' � �
<br /> � .:�� of Ne sums sezaurer`w by tlus Securiry tn�.�-�t by reason of any �� made by ihe origia�t Bosrower or Bomaw�'� ��:; °
<br /> �.::.�sa�s in in�. Any forbeacance by Y�der in exercising any rir,�e�r r�medy s'�all not be a aaiver of or preclude tAz ,��•-> - `,�;�,..
<br /> en�cas�of any right or reme��. ,,.--ry, �� .
<br /> II2. Successors and ��t�s Bonmd. Jofnt and Sevexal Llubfln4y,Ca�t�s�•'l�'a�covenants and agree�its of this �;.1� �e � ;t ,:;
<br /> � . Se�.:.y Inshvm�_t shall bind and benefit the successois and assigns of Leader��zower, subject to the i�visions of �'',1 �'-' �;!+�
<br />' pazagraph 17. Be,�rower's covenanis and ents shali be 'oint ana ssveial. A:. 3ormwer who co-si this Se�auity - ��°;
<br /> �� J -3' S� ,�'. ,.:'.
<br /> Insuument but does not execute the Note: (a)is co-signing[hLs Security T*+ �m t c�ly to mortgage, grast aad convey thai f
<br /> Borrower's interest in the Propeny under the terms of this Seturity Insttument;(b)is�„t pecsonally obligated to�y the sums _ _:�—
<br />� secured by this Security Insuum�nt;and(c)agrees that Lec��and any other Bormwer may agree to extend,moe"st�,forbeu or ;�f
<br /> make aay accommodations with regard to the terms of this S�ity tnstrument or the Note without that Bonower's mnsent. _ '-` ``- -
<br /> � ' 13.Loan Chaeges.If the toan secured by this Secnriry Insuumeas i�subject to a law which�x maximum loaa charges, -
<br /> :��:,. �m-
<br /> and that law is finally intetpreted so that tIie i.nterest or other loan charia colle�xed or to be col��,:in connec�on with t� •� _ .,-r .. ,�sG?i;.�
<br /> loan exceed We permiued Itmits.then:(a)a�5 sach loan charge shaU be mduced by the amount nec�sary to reduca the char�: ��--: .:%��.�';, �,
<br /> , � to td�e geraritted llmit;and(b)any sums aln:ady collected frnm Borrower which ex�sdr�permitted limits will he�9anded t� �_,_�,-�:
<br /> � Bccrawer. Lender may choose to make this refund by �:cing the prjncipat owe� �nder the Note or try m"'�a dir�t .,ti,�y �.
<br /> ' paymeui to Boaower. lf a refund reduces principal, the reduction will 6e ueated as a partial prepayment :.:�out a�: , �° �,.�=�;,:,..�`
<br /> ^tir�-������m•:
<br /> ' � prepayment chazge under the Note.
<br /> � 34.Nottces.Aay norice to Borrawer provided for in this Security Instmment shall be given by delivering it ar 6y�I:n.;� ' 4 � � �
<br /> � � it i��-'irst class mail nnless applicable law requires use of another methad.The notice ahall be dizected to the Prt�.�r Fz3�rx...:� , �.��
<br /> �� �r a�y other address Borrower desigiates by notice to Lender. Any aotice to Lender sLall be given by litx c�,s� s�s:� �� . :,�:ty�,.�,
<br /> . �der's address stated herein or any other address Lender designates Tig notice to Bonvwer. Any notice provF:'e�for in tt:� -•.�. , .. . �
<br />� Securiry lnst*+�re�?shall be deemed to have been given to Borrower ar I�er when given as pmvid�3�n tl�is paragraph• • •� =_
<br /> : 1S.Governtng Law; SeverabWty. T�:s Security Instrument shall be govemed by federal law aad the law of tlte '"4 S'� .�''
<br /> l��icaon in which the Property is located. In the event that any provision or cl�of this Security Ins�t or the Note �'��;- -
<br /> �r;�,�,�s with applicable law.such conflict shall not affect other pmvisions of this Sec�;:iy Instrument or the Ncce�avlrich can be ,���• •=:: '., '� .
<br /> ,�;,::�e effect without the conflicting provision.To this end the provisions of tUis Security Insuumect aad the N��are detlared :::',�;�s;.' i�,;'"
<br /> . co C�«era�te. ��k;r,�-
<br /> ' C�.B�rtr,s��'s Copy.Boaower shall be given one conformed capy cf the Note and of this Sec�:rity lnstmment. .. r'r`��`r;.��_
<br /> • ir.rt;o3028 913G . rr:•,":"�r�r.,
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