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<br /> 97�- �00�'� . � �.-. .� -
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<br /> payment+ may nu longer be required.at the option uf Lender. if mortgage insurance cocersge �m the amuunt and for the period . � _- -
<br /> that Lendcr rzquires)provided by an inwrer approved by Lender again becames available and is obtained. Borrower shall pay , g,�,
<br /> -= ti�c ��cs„������:-.�:.�•.`^":^=�•"•^'-^�e'o'-'incnranre in effect.nr to provide a ioss re�xn�e.until[he requirement for mortgage . _ __ ___
<br /> - p .y .,,.......�.. ., .
<br /> insurance ends in accordance with:utiy w�ntten agrcemenc brtween Bnrrower and Lender nr applicable law. ,F
<br /> . 9. lnspection. [.ender or its agent may make reasnnable entries upon and inspections o f t he Property. L en d e r s h a l l g i v e _ • t � __
<br />= Sorrower notice at the time of or prior tu an inspection specifying re3+onable cause for the inspution. . �` +°;,��
<br /> '<...
<br />� 10. Condemnation. The proceeds of any award ar claim fot damages. direct ur conseyuential, in connection ��+ith any ' _ _ _
<br /> - con�emr�ttion ot other taking of any part of the Property.or for conveyance in lieu of�rondemnation,are hereby�assigned and _
<br /> � shall be paid to L.ender. ` ' ' � :�<r�
<br /> In tl�e event of a total taking of the ProQerty,the proceeds�hall be applied to the surtu serured by this Securiry lnstntment. , .,
<br /> whether or not then due, with any excess paid to Borrower. In the event of a parcial taking of the Properry in which the fair . Q..;y�.,�,�:;'�;;,-�_
<br /> : '�• •. z.�
<br /> ` market value of the Property immediately before the taking is equa!to or greater than the amount of the sums secured by this � _ : �_-
<br /> Security Ltsmiment immediately before ths taking,unless Borrower and L.ender ottterwise agree in writing,the sums secured by _����•��.�� t-x,Kr��=.=:
<br /> this Security instnxment shall be redaced by the amount of the proceeds multiplied by t he fo l lowing fr a c tion: (a) t h e total �';t ��y ;3 ,
<br /> amaunt of the sums secured immediately before the taking. �iivided by (b► the fair market value eE r.�e Property immediatele .;;�,.,Y������,,,�,��
<br /> ;• �,�,� �:.��-
<br /> • h�fore the taking. Any balartce shail be paid to Borrower. In the event of a partial taldng af t��= L��.,xnY in which the fac- ,,.,,i.:�!..'�r�':,•,. . -
<br /> , . ..ii,_;�._;...:-�•. •%;:f.•;%�r�_.._'.
<br /> . market value af the Propem•immediately before the taking is less than the amou�c r•[�i.::sicr,se:�s�.• is.me�':��'� �efore ti�.z ,r=�� r =
<br /> � . <i , � r... , . . .��,
<br /> . taking. untess�orrower and F��r:er othe�is�:.�;�ee in writing or unless ag�li�'±i�:?}s_�n:;se.��ti�es.�r�p�teeds_'':a:. . ��{�r�j3'f:;i.;:..
<br /> .�}.4r�i�•: :
<br />"�`��y: be applied to th;,s�uns secured by��'�.i�Seczm:-+ :r�rru-ae2t a•hether or�ot�e s•.:�� �-e L,en�.�_. ' f.j•�" , y �� : ,�•��}:'
<br /> '} c n-, ? F � .:t}• n-;v:�i• '�'�� i t�pt.
<br />...;,',�, i the Pra�eety is aba�d��..y Scm;>a+;�s, �:�ef.' �-�•::ice by 1L�rr to B�-or��r Lha:�::c�a:ernno�ofiers ta make az: ��:4�t��.."'�yi',,� . 'F.�-�
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<br /> �x�ur cr sett.e a c...im for:.in�.�, Borrower fails tcn rea and to Lender within 3f) 3a-s af[er the date the no�ce is given. -Yl��?:!���#`�;r:•A
<br /> 3
<br />` ''+ G.�:t�:s auttens.�to colle.�:�:d apply the proceeds.at res roprion,either to restoration or repair of the Property'or to Ihe swns �Et�L� s'"�-'_��m.�'���s.
<br /> .��-_,.�a.- ---
<br /> �x�.��.�-.---,.�_�_.
<br /> . secvred by this 5avrity Insuument,whether or not then due. �. �
<br /> Unless Lender and Borrower otherwise agree in wriring, any application of procceds to principal shall not extend or �� .;��_:�..:
<br /> one the due dute of the monthly yments referred to in paragraphs l and 2 or change the amount of such payments. ���.._�,
<br /> postp Pa -
<br /> 11.Bon'ower Not Release�;Eorbeatance Sy Lender Not a Walver.Extension of the ume for payment or modification ��r��
<br /> of arnortization of the sums secured by this Security instn►ment granted by L.ender to any successor in interest of Borrower shall '! '
<br /> � _
<br /> • not operate to release the liability of the original 8orrower or Borrower's successors in interest.Lender shall not be required to _ �� �� '�(�.�
<br /> commence procex�dings against any successor in interest or refuse to extend time for paymertt or otherwise modify amoni7ation .� , •;` : . ,
<br /> cexd '.
<br /> �� of the sums secured by this Security Instrument by rrason of any demand made by the original Burrower or Harrower's �': �� .�..;, . : ;�;
<br /> � sutcessors in interest. Any forbeurance by Lender in exercising any right or remecly shall not be a waiver of or preclude the ■
<br /> • exercise of any right or rcmecly. ''� ,� _,
<br /> 12. Succ�'sors and A.gs1�nC Bo�nd; Jo 1nt an d S eve r a l L ia b i ll t y; C o-s i fi n e r s.T h e c o v c n a n t s ;u�d a g r ce m e n�s o f t h i s :�•' .t; '. _
<br />' � Security Instrument shall bind and benefit the successors and assigns of I.�nder and Borrower, aubject to the provisions of :,�, �,;:
<br /> _ .. paragraph 17. Borrower s covenants and agreements shall be joint and several. Any Borrower who co-signs this Security ';:�-�� _
<br /> Instrument but does not execvte the Note:(a) is co-signing this Securiry Instrument orily to mortgage, grant and convey that - �•.; .v
<br /> Borrower s interest in the Praperty under the terms of this Security Inswmenr.(b)is not personally obligated to pay the sums 's��;.
<br /> •• secured by this Security Inssrument;and(c)a�rees that Lender and any other Borro�ver may a�me co extend.madify.forbear or ' �� '
<br /> �i'�i::--
<br /> anake any accommadations with regard to the terms of this Security Instrument or cl:e Note without that Borrowet's consent. �-�
<br /> 13.Loan Charges.If the loan secured by this Security Iastrument is subject to a law which sets maaimum loan charges. �.__ . _`
<br /> and that law is finally interpreted so that the interest or other loan charges collected or to be collected in comtection with the �-
<br /> loan exceed the perntitted lirniu,then: (a)any sach loan a�r�rge shall be reduced 3�y the amount necessary to ro�¢a:the charge �;..—�r�_��''
<br /> ' and(bl any snms already coll�3�vm Borrower which ee,.�ei9d permitted limits wTlf L+�refunded to �''�"'�"�"`"""''-_ -�'�
<br /> ',';t�+� to the permitted limit; -_ - �
<br /> Borrower. Lender may choose to make this refund by ru�acing the �Srincipa! o:ie� ander the Note or by �r�:king a direct _ _ �••••j,,"'""'"w=
<br /> �„�.
<br /> payment to Borrower. If a refund reduces principal. tEte reLcct•,:� �w�ti be tsea:� as a partial prepayment witholt �ay _ -_
<br /> �repayment char�e under the�ote. __ ___ _ , ,"_` -,
<br /> 14.No4ices.Any noti::��Borrower provided far�-�ehis Security Instrument sh�ll be given by deliverirzb it or by mailing _
<br /> �.�j�,�+ it by first class mail unless appiicable law require use of another method. The notice shall be direcled to the�o�erty Address .
<br /> •s��.
<br /> t+;f��:�" or any other address Borrower desigr,av. 'by noticc to Lender. Any notice to L.ender shall � �iven by first class mail to _ _
<br /> ��''`1'"` l.ender's address stated herein or any c•r_+�,:s address Lender designates by notice to Horrower.A-y notice provided for in this
<br /> ,. ,. , ' '.�
<br /> � . Security Instrument shall be deemed to have been given to Borrower or Lender when given as provide�in this�W�graph. ���:_
<br /> .ti� ' 15.Governing Law; Severability. This Security Instrument shall be governed by federal law a'ai. e:�e !aw of the ,.,:���--, _
<br /> urisdiction in which the Pro is located. In the event that any provision or clau:,e of this Security Instr�:^�fant or the Note �� a�
<br /> :•;;�'s;;,:�' j perty Q .=:
<br /> . canflicts with npplicable law.such conflict shall not affect other provisions of this Security Insm.cr.:ent or the Note which c��"x � -_
<br /> ' given effect without the conflicting provision. To this end the provisions of this Security Instrunent and the Note are decJa:�d . . � . . —_
<br /> to be severable. � � � � y-�
<br /> . 16.Borrower's Copy.Borrower shall be given one conformed copy of the Note and of this Security Instrument. ,�`,.,;�;����
<br /> � � Form 3028 8190 ��:w.:�'°-
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