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<br /> paymenG+may nU I��nber he required, xt die optiun of I.xnder,if mortgagr iusura»ce coverage(iii thr amount and fc�r the peric�d
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<br /> tl�at Lender reyuires)provideJ by xn layurer appraveJ by I.ender agaln becomea availahle xnd is��htained. Bouawer shull pxy :;
<br /> the premlums rrquired to mxintain mc�rtga�;e intiurance in effect,ur a�prc�vide a luss reserve,until d�e reyuitement for mortgage _
<br /> , insurance encls in acr,orclance with xny writtrn agreement betwern Bonawer und l..euder or applicable law.
<br /> 9. Inspectlon. Ixnder or iGi agent may malce rea}anabl�entrles upon and inspectians of the Prnpercy. Lender shull glve
<br /> ' Borrower nouce at the dme af or prior to:u�inspecdon specifying r..asnnahle cautie far the i».ipection. �
<br /> �` 10. Condemnation. The proceecls of any award or claim far daniages, direct or coaseyuential, in connectlan widi any �p -
<br /> l'Qll(Iellllk'1�J011 OC OIIICC GllC�pb Of FUIY pilTl (1f IIIC Pf(1[fCil}', or for conveytuue in lieu af cundem�utio�i, are I��rrby�signed und � _
<br /> shall be paid to Ixnder. _ - _
<br /> l In the event of a rotal txking of die Property, tl►e proceeds shxll be applied ta the sums secured by this Security lnscrument, Fi _
<br /> whether or not then due, with xny excess paid ta Burrawer. In th�event of a partial taking of tlie Property in which die fair Q
<br /> . � n�arket v�lue af the Praperty immediately hefore the taking is equal ta or greater thxn the umount af the sums �ecured by this Q
<br /> Securiry Instnunent inuiiediately before the txking.u��less Rorrower and Lender otherwise agree in writing,die sunis secured by � •:
<br /> this Security Instrument shall be reduced by the amount of the proceeds multiplied by the following fracrion: (a) the tatul -�'
<br /> J amount of the sums secured inunediately hefore the taking, divided by (b) the fair mxrket value of the Property immediately Q' -
<br /> befare the taking. Auy b�lunce shull he paid to Honower. In tlie evem of a panial taking of the Property in which the f'air
<br /> market value of the Propeny inunediately before the txking is less thun the ssmount af the sun�s secured inunediately before the
<br /> taking, unless Borrower:wd i.euder otherwise agree in wridng ar unless applicable law othenvise provides, the proceeds shall
<br /> � he applied to the sums secured by this Sec:urity instrun�ent whether or not the sums are then due.
<br /> � If the Property is abandaned by Borrower,or if, xfter notice by Lender to Banower that the candeninor offers to ruake un
<br /> ' award or settle a cl�im for d�unages, Borrower fails to respond ta Lxnder witliin 30 days after the date die nutice is given,
<br /> Ixnder is authorized ro callect und apply the proceeds, at its option,either to rescoration or repair of the Propeny or to tUe sums
<br /> � secured by thls Sec:urity Instrument,wl�ether ar not then due.
<br /> Unless Lxnder und Banawet atherwise agree iti writing, any applicauon of proceeds ta principal shall not extend ar
<br /> postpone the due clate of the iuontLly payments refened ta in paragrapl�s 1 and 2 or change d�e:unount of sucli paymeats.
<br /> � 11.Borrower Not Released;Forbearance By I.ender Not a Waiver. Extension of d�e dnie for payment ar modificadon
<br /> _ _ �f�m�rti�arion of thr..s��m�crc»rPrl hy rhi�Srci,rity Tnstrumenc erxnted by Lender co anv snccessar in interest of Borrower shall
<br /> nat operate to release the liability af the original Horrower or Barrower's successors in interest. Ixnder shall aot be required to __
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<br /> commence proceedings agaipse xny successor in interest ar refuse ta extend time for payment or otherwise niodify amortizadon �
<br /> of the sums secured by this Security Instrument by rcxson of any demxnd made by die original Borrower or Bonower's �_
<br /> successors in interest. Any forbe<uunce by Lender in exercising any riblit or remedy shxll nUt be a waiver of or preclude the ___ �
<br /> exercise of any right or remedy.
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<br /> 12. Succcssors and Assigns Bound; Joint and Severnl LiabIl[ty; Co-signers. Tlie coven;wts and agreements of diis -----
<br /> • Secudty Iastrument shall bind and benefit the successors xud ussigns of Lender xnd Bonower, subject to the provisionti of �ti��
<br /> ' paragraph 17. Bonower', caveu:u�Gs aud agreements shatl he joint and several. Any fionower who co-signs this Security �`�'-
<br /> Insuument but does not execure the Note: (a) is co-signing this Secudty Instrument anly to mongzge, grant and convey that �''�'��
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<br /> Boaower's interest in the Proprrty under the terms of this Securiry Iustrument; (b}is nut persanally obligated tn pxy die sums =__-
<br /> �,' secured by this Security Instnimenr, and(c)agrees that[.ender and any other Bonnwer may agree to extend. modify, forbear or �u
<br /> �`-':� make any accommodations with regard to the terms of tliis Security Instcument nr the Note widiout d�at Bonower's conseut. _-°----
<br /> � ' 13. Loan Charges. If the loan secured by thfs Security Intitrument is subject to a law which sets maximum loan charges, �''�--
<br /> � und that law is finally inrerpretecl sv diat the interest en other loan charges collected or to be collected in connectiou with the ��;,�,�
<br /> ��� loan exceecl the permitted limits, then: (a)any such Inan chxrge shall be reduced by the�unount necessxry to reduce the chxrge ___
<br /> . ; to the peanitted limir, and(b)any sums alrrxdy collected from Borrower wliich exceeded permitted linuu will be refunded to _
<br /> Bonower. L.ender nuy choose to make diis refund by reducing the principal owed under the Ne�te or by making a direct : _ _
<br /> �� Payment to Bonower. If a refund reduces principxl, tlie reduction will be treared �u x partial prepayment without any ���'
<br /> prepayment charge uncier the Noce. f - --
<br /> 14.Nottces. Any notice to Burruwer provided ti�r in tliis Securiry In,trumcnt sliall be given by delivering it ur hy mailing ��,4.
<br /> it b first cl�us muil unless x licable law re uires use of anc�d�er tuedtc�d. The notice slixll be Jitected u�die Properry Address '°''`F
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<br /> or any od►er address Barrower desigi�►tes by notice to l.endrr. Any notice to Lencler shall be given hy first class tnail to �a��;.��
<br /> Lender's address stated herein or any other addre�.,I.ender desigiwtes hy ncitice to Borrower. Any nutice providrd far in diis �� +�`� ������
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<br /> Security Instrument sliall be deemeJ w have been given to Bonnwer or Lender when given as provided in this pxr�gntph. ,�w�
<br /> 15.Governing Law; Severability. Tl�is Securiry Itutrument shall br guverned by feder�l law x�xl the law of the =
<br />_ jurisdictio�t in wl►icli the Prc,peny is located. In d�e event that xny provision��r clause of d�is Security IiL+trument or dte Note �+
<br /> conflicts with applicable law,such cunflict shall uot affect odier prcrvisic�ns of this Security Itutrumeut or the Note whicli can he
<br /> given effect without die contlicting provisii�n. To diis end die provisions uf diis Securiry liturumeut aud thr Nate are declared
<br />- tc�be severable.
<br />` 16.Borrower's Copy. Bittruwer xlr.ill he given unr cuntimued cupy uf the Ne�te xnd uf tLis Sr,curity Instrument.
<br /> Form 3028 9/ 0 ,
<br /> ��BRINE)rezt2i.o� Pege 4 0l 6 ,N„•i
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