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� ��%:�..� . �--� . " �.. i Y 9�- :t��►��3� �� payments may no longer bc rcquucd.at the opdon of Lender,If mortgage insurame cavcragc(in thc amount and for the period I _ that Lcnder requires)provided by an insurer approved by Lendcr again becort►es availablc and is obt�vned.Bonower shall pay thc �- prc�niums rcquired [o maintain mortgagc insurancc in cffcct, or to provide a loss rescrve,until thc rcquircment for mortgage - insurancc cnds in accordancc with any wr�ucn agrccmcnt bctwccn Borrowcr and I.cndcr or applicablc law. �� 9. Inspection. Lender or its agcnt may makc reasoneble enMcs upon and inspecdons of the Property. I.cndcr shall givc � . � � _ � Sorrower notice at the time of or prlor w an inspection specifying reasonable cause for the inspecdon. I . 10.Condemnation. The proce.c,�ls of any award or claim for damages, direct or consequential, in connation with any I _ condemnadon or other teking of any part of the Property,or for conveyance in lieu of condemnadon,are hereby assigned and I _ shaU be paid w Lender. � � - 1n the event of a cotal teking of the Property,the proceeds shall be applied to the sums secured by this Security Instrument, �;�L ,�;,�.-, whether or not then due,with any excess paid to Borrower.In the event of a partlal taking of ihe Property in which ihe fair market V._�' �� ` value of the Property immediately before the taking is equal to or greater than the amount of the sums secured by this Securiry Instnirrtent immediatcly before the talcing,unless Borrower and Lender otherwise agree in writing, the sums secured by this Security Insmrment shall be reduced by the amount of the proceeds multiplic:d by the following fracdon: (a)the lotal amount of ��, �!""'`' the sums secured immediatcly before the takir►g,divided by (U) thc fair market valne of Ihe Property immedietely beforc thc ' taking.My balance shall be paid to Barower.In the cvent of a partial taking of U�e Property in which thc fair market value of!he • Property immediately beforc thc taking is less than the amount of ihe sums sccured immediately before thc taking, unless , � Barowcr and I.cnder othcrwise agrec in writing or unless applicablc law otherwise provides,the proceeds shall be applicd to the ; ' sums secured by this Security Instrument whcther or not the sums are then due. ' :: •` . If the Property is abandoned by Borrower,or if,after notice by I.ender to Borrower that the condetru�or offers to make an '�z°': � award or settle a claim for clemages.Borrower fails to respond to Lender within 30 days after the date the notice�given,Lender �' is authorized to coUcct and apply the proceeds,at its opdon,either to restoration or repair of the Property or to thc sums secured � - ' by�hi.s Securiry Instrument,whether or not then due. ��F �x �- U n l e s s L e n d e r a n d B o r r o w e r o t h e r w i s e a g r e e i n w r i t i n g,a n y a p p l i c a t i o n o f p ro c e e d s t o p r i n c i p a l shall not ex�nd or p os t p one ' ,.�:;.� :I�.. r�_ � the due date of the monthly payments refened to in paragraphs 1 and 2 or change t�e amount of such payments. ,;�;,,;;;, �- 11.Borrower Not Released;Forbearance By Lender Not a Waiver. Extension of the time for payment or modificadon h'�°`{�• '�,w_ - of aznor6zation oi the sums secured by ciiis Securiiy in�irwuGUt�er►ied by Lcnd�to any succ�.ar in intrresi of Borrowcr sh21! --� ; .-_ na operate to rclease the liabiliry of ihe original Borrower or Borrower's successors in interes4 Lender shall na be rcquired to � `�_�- commence proceedings against any successor in interest or refuse to extend time for payment or otherwise modify amorti�adon of �`T� . ,��.. the sums secured by this Security Inswment by reason of any demand made by the ori�inal Borrower or Borrower's successors f :- in interesG My forbearance by Lender in exercising any right or remedy shall not be a waiver of or preclude the exercise of any - ,_�_ right or remedy. �-' 12.Successors und Assigns Bound;Joint and Several Liability;Casigners. 'I7�e covenants and agreements of this K�; • � Saurity Instntment shall bind and benefit the successors and assigns af I.ender and Borrower, subject to the provisions of � pa►agraph 17. Borrower's covenants and agreements shall be joint and several. My Borrower who co-signs this Security '� __ Instrument but does not execute the Note: (a) is co-signing th�s Security Instrument only to mortgage, grent and convey that _ — Barrower's intcrest in the Property under ihe tcrms of this Security Instrument;@) is not personally obUgated to pay the sums =-- 's secured by this Securlry Inswment:and (c)agrees that L.ender and any other Borrower may agree to extend.modify,forbear or ��'_"� make any nccommodations with regard to the terms of this Securiry Insu�ument or the Note without Lhat Bonower's consenG — _ 13.Loan Charges. If the loan secured by this Security Instrument is subject to a law which sets maximum loan charges, _- ---- and that law is C�nally incecpreted so that the interest or other loan chazges collected or to be collected in connecuon with the loan �-__