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<br /> 9.Ins�ectlon. Lender or its ngeaf m�f�te reasonnble entric3 upon nnd inspcctions of the Property. Lender sh�ll
<br /> � give liorrower uuiicz at thL tua;,of or�rlor to en laspection�pecifying reesonable cause for the inrpection.
<br /> "' 4 10.Conde�natlon. 'Itie proceeds of any award or clatm for damages, direct or consequentlal, in connec�ion wiU► "
<br /> . ;t any condemnatton or other ta4clng of any par¢ of the Property. or for conveyance in lleu of condemnation, ure hereby �_
<br /> • � ';� assi g ned and sh�ll be paid tA L,ender. `
<br /> In the event of a total taking of chc PrapcnY.t lie pro c e c ds e h a l l t x:npp l i e d to t h e s u m s s e c u r e d b y t W e S e curlt y
<br /> [nstcwnent. whether or n�ot then due,wi�h any nxces9 paid to P�rrowcr. In the event of a partial tal�ing of elic Prc�perty in __
<br />=�ti which the fair market v a lus o f t he P rope r t y i c n m e d i a t e l y b e f o r e t h e t e k i n g l eeq u a l t o o r g r e a t e r shan the amount of tke =
<br /> - ' sums secured by this Security Instniment immedlately beforo the taking, unles s B orzower and Ixnder otherwice agree ia �-
<br />� •~`� wrlting.the sums secured by this Security Instrument shaU be reduced by the amount of the proceeds multiplied by th$ _
<br /> - .-� following fraction:(a)the total amount of tde sums secured immedlately before the takIag,divided by (b)the fair market
<br /> ,�.� vsilue of the Properry immediately before the taklng. A,ny balancB ehall be pai d to Bonawer.In the event of a partial taking �
<br /> �. wf the Property, in which thti fulr mnrket velue of ths Prnperry Imuiediau;ly before the takin ie lesa than the a�ouat of the _
<br /> rums secured immedistely L�ore tiie taking,��ied totl ceu�ms anured bh this Securri��Instrumeat whelther oipno�t the
<br /> ls►w otherwise provides,tho raceede shull be app Y t3'
<br /> . , ..,:� oums are then due. 8 abandoned b 1lanower,or if, after notice by Lender to Borrower that the condemnor offere to __
<br /> If We F'raperty 1 Y `
<br /> ��,�,�i; maYe an awuzd or scttle a claian for datun�as, Bacrawer faila to resFond to I.cader within 30 days after the date the natice �;,
<br />:1 . :�_�: , ie�iven,Lender is authorizecl tu wltect und apply ihe pro:ecds. at its ogtion,either to re.etoration or repalt of the Property �_-
<br /> �.s`��.'",•'' or to We sums secured by this Securiry Insuument,whether or not then due. --
<br /> �:,+.��._� :� Unless Lender and Horrower otherwlse agree in writing� eny applicatioa of proceeds to princlpal shall uot extend or
<br /> �;v;;:,;:�- postpone tue due date of thc montWy paymente referred ro in paragraphs 1 and 2 or cb.auge the amount of such paymente.
<br />-,;1.E*r,•,,-;� ; 11. Bon•ower Not Released; �'orbearence By Lender Not a Walver. Extension of We time for payment or
<br /> ;:.r; ,;. madificadon of aznortization of the sums secured by thie Security Insmiment granted by Lxnder to any successor m interest
<br /> of Borrower shall not aperate to rcle�se t2ie liaGlllty.of the orfginal Borrower ar Boaower's successors ia interest.Lender
<br />_i�-�u S`.'� Bh811 qOt bC fEQillfCd t0 COIDIl7CI1CC proceedings agaanst any suc�cessor in interest or refuse to extend time far pa nt or
<br /> btherwlse modify nmortlzadon of the sum9 sec�recl by th[a Securiry Insmunent by reason of any deman� e riy the
<br />�.. ;- �� orlginal Bonower or Bonower's successora in interest.Any forbearactce by Ixnder in exercising any right ar reakedY shall _
<br />°e;�"'���'� ttot be a waiver of or preclude the exerclse of any ri�ght or remedy.
<br /> � 12. Successore ond Assigne Bound;Joint and Several Liabllity;.Co-signere. 'The cavenante and agreemente oP
<br /> -�;;��'� tlily Se�urlty Instrument �haU bind �nc� beneflt the successore and assigna of Lender and Borrower, sub ect to the
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<br /> -°�':�,,�i� provisfons of paragraph 17.Bomorrer'S covenant's and'agrcemenrs shail be jo3nt aad several.Any Borrower w o co-signs -
<br />-``���� thle Securicy Instrnment but does not ea�ecute the Note:(a)is co•signWg th�s Securlty Insmiment only to�uo�tgage. grant
<br />'='�`'L�:'�."Y� aztd convey that BonoWer's interest in the Pcoperty under the terms of this Security Insuument; @) is nat nall
<br />�:•�''"`.''�"7°�l n�Haated to pay the sums secured by thia Ser,urlty Inamunent; and(c)agrees that Lender and any other Bono�m�ay
<br />�T_,����� a�ree to eatend. modit�r,foti�ear or mnke any accommodatians wicn rcgani iv ii�e iarr,;s�f uds�.."urfi;S��t:u�„°nt ar t�
<br /> _ - Aote wlthout that Borrower's conaent.
<br /> - ---= 13. Loan Charges. If the loan secured by this 5ecurlty Tnsmiment is subject to a law which sets ruaximum loan
<br /> !� charges, and that law is flaally interpreted so th�t the iaterest or other loan charbes collected or to be collectod in
<br /> ' connecdon with the loan exceed the pern�itted ti�ts, then: (a) any such loan charge shall be reduced by the awount _-
<br /> a.ecessary to reduce the chac�e W the pc:rn�itted limit;end(b) any sums already collected from Borrower which eaceeded i
<br /> �a�• permitted limits will be reit�nded to Borcower.Lender may choose to make tWe refund by reducing the principal owed
<br /> under the Note or by rnaking a direct payment to Borrower.If a refund reduces prIucipal.the teduction will be treatod a9 a
<br /> --- -- partlal prepay,mgnt witLout any prepayuyent chatge under tl�e Note.
<br /> 14.Noticee. Any aotice to Borrower pmvided for in this Security Instrumeat shall be given bq delivering it or by
<br /> Q�ailing it by firt�tt class xnail unlas applicable law requires use of another method. The aotice shall be directod to ehe
<br /> �coperty A d�ress or any other address Bomuwcr deaig�ates by aoNcc to Lender. Any nodcc to Lender ahull f�e given by
<br /> first class mail to I.endcr's address stated herein or any other address L.eader dosignates by notice to Born►wer.Aay noti�e
<br /> Rmvided for in thfe 5ecurity Instnimeat shall be deemed to have been given to Borrowcr or Lender when given as provided
<br /> in this paxagraph.
<br /> !S. Gov�erntag Law; SevaabilltY. Th1s Secudty Insu'umeut shall be govemed by federal law and the law of the
<br /> urlsdiction in which the Pmperty ie locatod. In the event that eny provision or clause of this Secur[ty Instnunent or the
<br /> ���-�� �ote wnflicte with appliclble law,snch coaflict sb�it not affect other provisions of this Sectuity Iastiument or the Note _
<br /> which cui be given eit'ect�+ithout the cnnAicting psovlsion.To this easl the provisiona of this Security Instrumeat and Wc
<br /> = Note are declared to be severable.
<br />__ ..__-.-._- 16.Borrower's Cop�. Bor�wer shall be given ane conformal copy of the Note sud of this Socur[ty Instruuxat.
<br /> 17.'lYansfer ut the PropertY or a I3areAdal Inta�est in Borsower. If all or•a�n,y pact of the i'roperty or any
<br /> intc�+est in it is sold or cransferred(or if a beneficial interest in Borrower is sold or transfernxi ead Bonower ie not a
<br /> � natural ptrson)without I..ender's prior written consent,Leader may,at ite option,require immediate payment ia full of alI
<br /> __e__ ,�� �ms�ecurcd by this SeCuriry Ins�nt.Howev�r,this opNon shall aot be exercised by Lender if exercise is pmhibltcd
<br /> m'.;� by federal law as of the date of this Secvrity Inswment•
<br /> -- If�der exercises this opdon,Lender shall give Borrower notice of acceleration.'tl�e nodce shaU pmvide a perlod
<br /> ------^�� of not less than 30 days from the date the notice is delivered or maiied witLin which Bonowar must pay all sums secured _
<br /> •—] Form 3Q 9190 fpage 4 of B)
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