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<br />:_-:.� paymente may no longer be required,at the option of L�end�r,If mongage insurance coverage (in the amount and for the periaf
<br /> ��- that I.ender requires)prnv[ded by un iasurcr approved by Lendcr ngnin hecomes avnilablc and is abtained. Borrowcr sha11 pay
<br /> �;�,� thc premtum9 requind to maintain cnottgage insurance In etfect,or to provtde n loss reservo,until the requirement for mortgage
<br /> - _' iusursnce ends lu accordanc�:�tith n��y v�rittr,n erreement betw�xn Bonower uud Lesuler ar applicablo law.
<br />__�� g, Impeclion, t,cnder ar Ite agent m�y m�a�����e enufes upon and inspect�ons of the Prolx;rty. l.ender ehall�iva
<br /> Borrower nodce at�hc tlme of or prior to an inspxtion epecifying reasonablo cAUSe for thc Inspxdon.
<br />.__�.� 10. G��u►t{on• Tt►e prc�ds of eny awud or clatm for damagcs, direct ar consequential, in connection with any
<br /> --�� condemnation or other taking of any part of tho Praperty,or for conveyance in lieu of condemnation,ure hereby assigned and
<br /> ===-- shall bo paid to l.endar.
<br />_`�"_°' In the event of a rotal taking of the Propeny, the proceeds shall be applled to the ourr�s secured by thia Security Instrument, _
<br /> whethar or not then duc, with any exass paid to Borrower.In the event of a partial taking of tha f'roperty in which tUe fair
<br /> mArket value of thc Pr4perty immsdiately bcfore the iak3ng is equal ta or grcatee than tbo aznount of thc sumg securcd by this
<br /> Security Innrument immcdintely before the taking,unies9 Rurrower anQ 1.endcr othecwise agreo in writing.the sums sa:ured by
<br />- this Secudty Instrument shall be reduced by the amount of the pr�s multiplied by the following firactton: (a) the total
<br /> -- a�nwunt of tho sums socuml immali�tely befon the taki�g. divtded by fb)the fair markct va]ue of the Property immediately
<br /> before the t�king. My balence shall be paid to Borrawer. In the evrnt of a partial talcing uf the Property in whtch the fair
<br /> � market value of the Property immedistely 6efore�e tet�ing is less than tl�e smni!nt�f�he eums secured inamedtately before the _
<br /> �alctpg,unlcss Bomower and Lender otherwise agra in wrjting or unless applicablc law oth�rwtso provides,the proceeds shall
<br />� be applted to tha sacns secured by this Security Instntrnent whether or not tho sums are thcn due.
<br /> If the Properc}►ls abandoned by Borrawer,or if,afttr r�ottce by Lender to gorrowor that the condemnor offera to malca an
<br /> award or settlo a clafm for damage�. Borrower falle to respond co Lender within 30 dAYe after ttee due the notice is B(vea�
<br /> Lender is authoriud to collc�ct aad apply the proceeds.at ita option,eitiier to restoration or repair oi ttu Property or to thc sums
<br /> ��e�by th;s Securiry Instrutnent.whether or uot then due. llcatlon af r�xeeds eo rinci al shall noi extend or
<br /> llnless Lender end Borrowor otherwlse ogreo in wr�ting. maY �PP P P P
<br /> postpoae ths due date of the crwnthly payments refemd to in paragraphs 1 aud 2 or change the amount of scch payment�•
<br /> = 11.BorroRer�Io1 Rde�ecl;Forbearance BY Lenda'Ho�a W�iver.Extonsion of the time for payment or modiflcation
<br /> of umortizadon of trie suYns sxured bY this Secuaity Insuunnent 8rwted by I.e°der to eny success�r in interest of Horrow�r ahal
<br /> noc operace co reieuse�e 1iao�S�ry�f itta arig3n�2°..s`rr��"-s^�!?"�''°W��s successors in interest.Ixndar sh�ll not be reyuirod ro
<br /> comu�ence proceedings against aay successar in interest or nfuse to exteud time for payment or�theTVUix modlfy amortlruioa
<br /> of the sums secured by d►is Secwiry Inswment bY reas�a of any demand mado by the original Borrowcr or Borcowet'e
<br /> succeasors in interest. My forbeArance bY Lender in exercising ac►Y rt8ht or nmedy shail not be a waiver of or preclude the
<br /> �xetcise of u►y rip,ht or c+emedy �� ����� �agnem�nts of this
<br /> 12. Succeenoce And A�It��°a� Jotnt p�+d Sevcr+►l Liabflily;Co-signay.
<br /> Securiry Instrumeat nhaill bind and benefit the a!xz�su:s and assi8ns of Leader and Borrower, subJect ¢o tha proviaions of
<br /> Pu�'�Pt► 17. Borrowor's ca�cnants and agroements shall bc�oint and severnl. Aay�arrowec who � and wavry�thu
<br /> � Instrumeat but does aot execute ttte Note: (a)is co-signing this Security[n�suumant only to mortgage,
<br /> Borrower's interest in the PropectY under the terms of this Securiry Instruoient�N)�s not pexaonally obligued to pay the sum:
<br /> sccurod by thi3 Socudty Instrument:and(c)agcees that L,ender and any other Borrower may agra to ext�nd.modlfy�fotbear or
<br /> � ma1c�euay eccommoduions with�egud to the terms of this Security Lisaun�nt or the Note without tb�t�iorrowcr's caa�au.
<br /> 13.Lutw Char�es.If tho loan sa:ured by this Security Instrumcnt is aubJxt to a law which sets rziu�imum 1wn ch�rBes.
<br /> -- and tinat law i�finally inteipretai so ehat the interest or other l�an charges collected or to bo collccted in eon��ection witb.the
<br /> -- -- 1�:.^.sRCe�! �u��rmittc�d timita,then: (a)any such loaa chrag�ahazl be raiucal by the unount neas�ry to redua the charga
<br /> to the permitted limit:and N)�Y sums alnady collectal ftom Homower wl�ich eacoeded pemritted limite wilt be refuaciv�i to
<br /> Borrower. Lender m�y chooso to m�1ce thia refund lry reducing the pri�ei�+al owod undor the Note�osa�nWcintB�d�y
<br /> � payr�cnt to Bottower. tf a reftsnd reduces princlpal, thc reduction will be treated as a putial preP Y
<br /> pc+epaymont charge under che Note.
<br /> gq�Notkes. My nodce to d�rrower�rovided far in this Securiry Instnunent shall be given by dslivering it or by mailing
<br /> it lyy fliat class mail uNeas applicable law requiaes use of another method.Th�notico shall be directe�t�the Propercy Addnss
<br /> or eny nther address Borcower designates by nodce to i.ender. My notice to Lender shatl be given by first cl�ss mail to
<br /> Lec�der'a acldnss stued h�rein or enY other addnss I.ender designates by notice to Borrowor. Any noticc pmvided for in this
<br /> Secu,�nry Inatrument ahall be damed ro have bxn givea to Borrower or Lender when given as provided in this pangnph•
<br /> i�.r��,��� �p: ��b��i�,• �{g ���y [nstnttnent shall bc governai by falerel law and thc I�sw of the
<br /> jurisdiction in which the Pcvpercy ia located.In the event that any provision or clauso of thia Securlty tasuument or ihe Nott;
<br /> -- wnflicts with applicable law,such contlict sdall aot affxt other provisions of this Secudry Insttument or tl�e Note witich ean be
<br /> �— given offect without ahs caafliccing provision. To this end the provisions af shis Securiry Instruinent and the Note are declan�
<br /> -----� to be severable. of the Note and of th[s Security Instrutne�?.
<br /> =— —= 16.gorrow�r's Copy.Borsawer shall be given one conf�rmed coPY
<br /> ------ Form 302b e►eo
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