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yty�,�(.�� . !.�I�'. , � J.�� •.N� ..�.f�a. � r. �.�1��_•_ . .. . - � .. . .. - . 1 � ,. :, � � ..O`._'. � , ' . � .. �i _I'. -. . . . . . .. ..�i • '. I . V paymenis may no longcr bc requircd,at thc opdon of Lcndcr, if mortgagc insurancc covcragc (in thc amount and for thc periad ;��' that L.cndcr mqu'ucs)prnvidcd by an insurcr approved by Lcndcr again becomcs availablc and i�obtaincd.Borrowcr shall pay thc � , premiums rcquucd to maintain mongagc insurancc in cffcct, or to providc a loss rescrvc,undi thc requiremcnt for mort�agc Qp .t� insurar►cc cnds in accordance with anY wnucn agrccmcnl bc�wccn Bortawcr and l.cndcr or applicablc law. _ .....�.�-� 9.Inspection. Lcnder or its agent may make rcasonablc cntries upon and inspecuons of the Property. Lcnder shall givc N __. "�' Boaower notice at the time of or pdor to an inspecdon specifying reasonable cause for the inspection. C� 10.Condemnation. The proceeds of any award or claim for damages, direct or canseyucntial, in connection with any Q condemnadon or other taking of any part of thc Property,or for conveyance in lieu of condemnation, are hereby assigncd and _ sh�ll be p aId to L.cnder. uri Instrumcnt, � In the evcnt of a total taking of thc Property,the procccds shall bc applieti to thc sums securcd by th�s Sec ry whether or not then due,with any excess paid to Bonower.In the event of a partial taku►B of the Property in which the fair market _ value of thc Property immcdiatcly beforc thc takins is equal to or grcater than the amount of tl�e sums sccured by this Sccurity Instrument immediately before the taking, unless Horrower and Lendcr otherwise agrce in writing, thc sums securcd by this Security Instrument shall be reduced by the amount of the procecds multiplied hy the following fraction:(s)the totel amount ot �., thc sums secured imm c d iate ly b c fore thc takin g,divided by (b) the fair market valuc of the Property immediately before the , .��.'- taking,Any balance shall bc paid to Borrowcr.In Ihe evcnt of a partial taking of the Property in which the fair markct value of the . , Properry immediately befon the talcing is less than the amount of the sums sec:ured immcdiatcty bcfore the taking, unless :i Borrower and Lcnder otherwise agrce in writinB or unless applicable law otherwisc providcs,thc procceds shall be applied tc� ihc � sums sccured by this Sccuriry Instrumcnt whether or not the sums are then due. �� If the Property is abandoncci by Borrower,or if,after notice by L.endcr w Bonowcr that�he wndcmnor offers to make an uward or seule a claim for damages,Horrowcr fails m respond w I.endcr withln 3Q days after the date the notice is given,Lendcr is authorized to collect end apply the procecds,at its option,either to restoradon or repair of thc Property or to the sums secured �' by this Securlty Instrument,whether or not then due. �- Unless Lendcr and Borrowcr othcrwisc agrec in writing,a�y application of procecds to PrinciPal shall not catend or postpone . � the due date of the monthly payments refeaed to in peragraphs 1 and 2 or change the amount of such payments. _ �� 11.Borrower Nat Released;Forbearance By Lender Not a Waiver. Extension of the time for payment or modiGcation �._ � Qf wmorci�ation of the sums secured by this Secudty instrument granted by Lender to any successor in interest of Borrower shell u: not operatc W rc(case tha liability of the original Sarowcr or Borrowc:r'�suu.cssars i� intcr�4 i.cnd�r shall not he required to �-° _ = commence proceedings against any successor in interat or refuse to extend time for payment or otherwise modify nmorticadon of r; -- " the sums secured by ihis Security Instrument hy reason of any demand made by the ori�inal Borrower or Boxrower's successors __ � in intere.gt Any forbcarunce by L.ender in exercising any right or remedy shall not be a waiver of or preclude the exercise of any rightor rcmedy. � 12.SucceESOra and Assigns Bound;Joint and Several Liabilfty, Co•signers. The covenants su►d a�reements of this � Securfry Tnsavment shall bind end benefit the successors and assigns of Lender and Borrower,subjeet to the provisions of e -x' paragraph 17. Borrower's covenants and agreements shnll be joint and several. Any Borrower who co-si�ns this Securlty �. Instrument but do�s ner r.x�r.nte the Note: (a) is co•signing this Security Inslrument only to mortgage, grant and convcy that ` Borrower's intcrest in thc Property under the terms of this Security Instrument; (b)is not Personally obligated to pay the sums , �� securcd by this Security Instniment;and(c)agrces�hat Lcndcr and any other Borrowcr may agrec to extend,modify.forbetu or — " make nny accommodations with regard to ihe terms ot this Securiry Instrument or the Note without that Borrower's consen� ` " � 13.Loan Charges. If the loan secured by this Sccurity Instrument is subjcct to a law which sets maximum loan chaxges. �„� and that law is Cmally interpreeed so that the interest or other loan chacges collected or w be collected in connection with the loan f�� � exceed the permltted limits,then: (a)any such loan charge shall be reduced by the amount necessary to reduce the charge to Ihe [:�_.T____ Fi� —" ` permitted limit;and(b)anY sums already collected from Bonower which excecded permitted timits will be refunded co Borcower. __ � Lendcr may choose to makc this rcfund by reducing thc principal owed undcr the Note or by making a d'ucct payment to Borrower. If a refund reduces principal,the reducuon witl be treatcci as a panial prepayment without any prepayment charge _ „ .� �,:�- t undcr thc Note. " -- 14.Notices. Any notice to Borrower provided[or in this Security Instrument shall be given by delivering it or by mailing it ^ _ by first class mail unless applicablc law rcquires use of another mcthod.'Ihe notice shall bc direcccd to the Property Address or �L;�x_y any othcr address Borrov�cr dcsignatcs by nouce w L.cnder.Any noticc to L.cnder shall be given by fust ciass mail to Lender's _ � uddress statcd hercin or any other address I.cndcr designatcs by nodcc to Bortowcr. Any noticc providcd for in this Security ___' Instrument shall be deemecl to have been given to Barower or Lender when given as provided in this paragcaph. `.�;a- I 5.Governin g Law;Severabtlity. This Securiry Instrument shall bc govcmed by fcdcrnl law and thc law of thc�� . jurisdiction in which the Property is locatcd. In the event that any provision or clause o f t his Securi ry Ins t r u m c n t o r t h e N o t e = confiicts with applicabie law,such conQict shall nW affect other provisions of ihis Security lnstrument or the Note which can be gtven effect without the conflicting provision.To this end the provisions of this Sr,curity Instrument and the Note are dcelamd to ;�, bc scvcrabic. • Form 3028 9190 Page 4 ot 8 Init�3lf: �-eR(NE)lez+2�.o� j ' .. .. r ... _-- � _ _ _