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<br /> payments may no langer be required.ai the option of Lender.if mortgage insurance wveeage(in the amounc and for the period � .. _
<br /> � that Lender requires)Provided by en insurer approved by I.ender agaip becomes available and is obtained Barrower shall pay the � "
<br /> pm�ni�ns require�d ro maintain mortg�ge insutance in et7'eci,or tu provide a loss r�erve,until the reqairement for mortgage °- �
<br /> • � u�surance euds in a�cordance with aay wriuen agreement beia+aen Borrower and Lender or applicable law. f.
<br /> � 9.InspecCIom. I.ender or its agent may ma�ce reasonable entries upon and insPections of the Property. Lender shail give � . ,
<br /> Bor�ower notice ai the time of or p:ior to an inspection speci£yu�g reasoIIab:e e�use for the inspeceon. l _ . _..:. �__,_-_,,;''�.
<br /> ' 10.Condemnation. The proceeds of any award or ctaim for damages,direct or conseyuential. in connection witfi any � ,.
<br /> condemnation or other�ng uf any part of the Property,or for conveyanoe in lieu of condemnation.are hereby assigned and s
<br /> shall be paid to Len�er. . _
<br /> In the event of a total mkitza uf the Pmpaty,the procee�s shall be applied to the sums seca�red by this S�rity Instrumea6 ; _... .`�" �"
<br /> vrhether or not dcen dne,witl►any access gaid to Borlower.In the event of a partial takin8 of the Property in wdich the fair mtatcet , �• .`•
<br /> value of the Pcoperty immediately before the taking is equal w or greater than the amount of the sums secured by tLis Security F . .• :_:�'
<br /> Inshument immediately before the taking, miless Boirower and I.endea otherwise agree in writing, the sums secured by t6is I �. . . '.�,, ;�=, _
<br /> Se�uity I�osmiment shall be reduced by the amount of the proceeds multiplied by the following fraction:(a)the mtal amoant of ( _•.. . �:�'._
<br /> � ._.,
<br /> the sums secured imm tA1PTy before the taldng,divided by (b)the fair marlcet value of the Pmperty immediatety before the � =_�__
<br /> ��---°�:�,.
<br /> takmg.My balance shaIl be paid tn B�rower.In the eve,nt of a partial taking of the Pmpeaty in which the fair u�et value of the k ' -;:,p,��;.'_.-
<br /> '� property immediatety befoze the taidng is less than the amount of the sums secum.� immediately before the taking, anless , ,`�. -
<br /> m arriting or unlesg appficable law oihervvise pro�ddes,the pmceeds shall be agpiied to the ' `�•'
<br /> . �� Bonower and Lender otherarise agtee' . •
<br /> sums secaaed by this Securi4y Iusuumeut ahethea or nes the susns are th;a due. • . �'�`��� `
<br /> Iusuum -
<br /> If ihe Pmperty is abandoned by Borrower.ar if.aftca notice by Leudc,r to Baimwer that the condemnor vffers tn a►ake an ;`. . _''��-;J:
<br /> award or seule a claim for damages,Barrowe�fails to�gund to Lender withism 30 days atter the date the notice is given,Lender . . "-""`!�� -
<br /> :'-°• is authorized m collect and apply the procee,ds,at its option,either w�toratinn or repair of the Property or w��-.e sums secamd •--�
<br /> `:�. by this Seanriry Instrumen�whetLer or aot then due. •
<br /> �. ,�...
<br /> ,:';�i ���►S,�Y aPP�on of procer�ls to prmcipal shall nat extend or postpone . .
<br /> ,.;; Unless Ix,nd�and Boimwea otherwise a,gree � �i:y. ,, .
<br /> the due date of the montlilY payrueats referred to in paragraF�s 1 aud 2 or c6ange the amouat of suc6 payments. •� � • , --
<br />� -`,�� i i.B o r r o c v�N o t�t e t�8d,lFortsearanee B y I.ender Not a Waiver. Exte�n of the rime for paym�t¢�r modific�sian '�_.;;.�i `.. _
<br /> _:;_1 af un�on of the surns secured by this Security Insunment gtanted by Lender r��y successni ui intaest of Ba:mwea s 5 a 1 1 � � ; �.
<br /> ;t� , not o�erate w r�'.ease the liab�ity of the original Borrowe.r or Bor�owa's saccessors in inteaest,.b�dea shall nat be mquires3 ro . '.�.��`'°��. —
<br /> `;';>�� . cammence Pm�nSs again�t any successor�interest or refuse to ext�c�.sl time for paymeat or etE��:wise madify amortizaiia�a e� '"'�. �_;..:` ; ..-
<br /> . �.� .
<br /> ;. � c�sums secwz;3 by tIais Se�uity Insorume�t by reason of any demand msde by the original Borrowe�or Borrowea's saccessots � .;���,- r ,
<br /> n
<br /> ���.� in ir.teaest Any forbeaiance by Lendea in exercisin8 any�;or rem�iy shall not 6e a waiver of or precuide the eaceneise of any .• •,�;.. •-•:�'_;. :�"��Y
<br /> :.,, • `.;�.,,;,.
<br /> .,:;i7 . tlghL oI iCID4dy. _ M1''�
<br /> r ;<� 1Z.Sacc�urs aBd Assiga9�oand;Joint and Several LiaB�; C�a�signers. '11ie covena�s aad agre��ts of �
<br /> S�arity Instrument shaU bind and benefit the successors and ass�-�s of Lender and Borrower, subject tn [he pmvisions of • � `..
<br /> � paiagraph 17. Bonawea's coveaants and agreemeaits s6all be joint and several. Any Botrower who co-signs this Security ' ,. ;�:,,•`:._...
<br /> ap ��
<br /> Instrameut bnt dces not execute the Note: (a)is co-si8aing this Sec�uitY Insu�ment only to mortgage.g�ant and wnvey that '� :�yy.�', _��-=-
<br /> � � Bomower's interest in the PnnPertY under the trnns of this Sec�uity Insuumeax(b)is not peasonaIly obtigated to pay rhe sums . .�,, ,�`- `--
<br /> � se�aued by this Security Ias�nmea�and(c)agrces that Leader and any other Botrowea may agree to extend,madifY,forbr,ar or � •,...�+� - _
<br /> ,. :��a�— �
<br /> :;:;:f make any accommodations with regard w the teams of this Security lnsuument or the Note without that Hotrowea's wns�t :__ - --
<br /> � 13.l.oan C�rgea If the loan seaued by ti�is Sec.�ity Instrumea�t is subject to a 1aw which sets maximerm loan charges, ,,, .ti-�--� .
<br /> and thaz laa is finalty in�2t�d so tha2 die interest or '�loan chatges collected or to be wllected in connc�i�azth the loan �Jyi.:,,_ _ ' ,>;�
<br /> asceed the pe�miued limits.v3z�:(a)any such loan chas;�:s�all be reduced by the�o�mt ae�essary to reduce�e charge w the ,:.. .:, _•-..h�::_, ^,.:�r`
<br /> :. �. .
<br /> permiued limix..nd(b)u►Y svms ativadY collected from Botrowea a�5�e�cceeded�itted limits w�l be refimded to Bom>�r�. - . --=� -- . - ._
<br /> Lender may d�nse to make this refimd by reducin� t9�e princip�; o�+�;d undea��Note or by n�aking a direct payment t� �, _
<br /> Eorrow�. If a ze�Fund red::ces principal.the reduction will be Ireated as a partia3 ��gayment arithout anY F�Yn►ent charge - ,,.__ -.-- ...
<br /> �=�:-
<br /> � undea the Note. 11r;. . �:.�'��'�1°�=.�
<br /> t4.Notices. Any notice to Honowea provided for in this Security lnsuument s�be given by deliver��•�es by mailing it �n;?.�: ,;L�,+�•;,�-�;F-. :-: _
<br /> by{yrst class�il unless applicable law requires use of anothea mer�ad.T4�e nodce shall be d�to t�e P�^�-,�ty Addc�s ra - :: > �-
<br /> any other addiess Borrowea designa:es by notice to Lend�.My no:;ma w I.ender shall be gign�:�y#'�t cLus mail w Le:�d:�'s . � �.• . . .� �'�r_�
<br /> ad8resv stated herein or any other address Lender designates by notice w Borrowra.Any norice p-avidefl f�ia this Sec�:.y =:.,,� . ' •
<br /> �ir?ti:�:..:��1
<br /> � Inswment shall be deemed to have been given to Bamn:��or Lender when given as pmvided in this paragrzrl� •.:�,.:,.�.nK.;�,��
<br /> • 1 5.G o v e r n i n g L�w;Severeb�i t y. 71iis Securiry �stcument stuill be govemed by fede�al law and t'�e law of the . . .;;.:�:;.,..
<br /> jurisdiction in wbich ihe Propeaty is locatr.d. In the event thai any gt^�vision or cl�se of this Sacwriry Insorument or the?o�ote • �_ -
<br /> � cunflicts ai�o upplicable law,such conflict shall not affect other provisions of this Seciuity Inscr��nt or the Noie which�be ��� �� . _.__
<br /> given effect�ittiout the canNcting provision.To this end the provisions of this Seauiry Instrumert and the Note are decla�w ' ' : ; � _-
<br /> �_`•�,
<br /> be sevcrable. •`. �: -
<br /> • � �'�
<br /> Form 8028 9190 � , , _
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