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<br /> • '�. ` . J� � insunu►ce coverage(in the acnount and for the periad � `. ^,~' .
<br /> � paYments may no longer be.required.at the option of TxnQer.if mortgage :_�,:.,.: . :
<br /> . tes rovided by an insurer approved by Leader again beoomes available and is obtained.Borrower shall pay
<br /> �•. '.��' that ixnder requ� )P e is�su:ance in effect.or to Frovide a loss reserve•until the requirement foT mortgage� J , �,:
<br />_ _ . • �e p�i�ms required to maintain mortga8 li�able taw. � ; �:�. ..�;.:•;.
<br /> ,� ��� written a ment between Borruwer and Lender or app� e Lender shaU give � `�4' .�,:.. .
<br /> � iasurance ends in accoidance with any S� u and inspections of the ProP rtY• � :`.-.,� .
<br /> nt may wake reasonable entries ngo `.`� � :
<br /> `°'--'��-�" q, �asped'ean.Lender or its age •
<br /> �� Borrower norice at the rime of or priar co an insP�1°n�P��'�ng�onable cause for the inspectionn��• ���uon with�►y� ,'•
<br /> .` 10. Coademnatton.The procceds of any award or claim for damages. direct or conseq ° „ t,� ' -
<br /> ,`' �ondemnation or other taking of any g�of the PropettY•or for conveyance in lieu of condemnatian.are hereby assiS���
<br /> `° b this Secutity Instrnmeiu.� .:::�`�;`� � .
<br /> - . _ _ - shall be paid to Lender. shal!be a lied to the swns secured Y , "' - , ��4 `
<br /> of the Pmperty.the proceeds PP `'`' '.'
<br /> • - In thc event of a total taldnS parteal takin of the Property in which the fair� ;�?:;-;�.'�;�, •. . .�
<br /> aid to Borrower. In ti►e event of a & ;;`��-_�� s.,�:�,-`�,..
<br /> � to or greater than the amount of the sums secured by this �` ?f�.�,tj tit.;A`;,;�> ;•,
<br />__ . . whether or not then due. with'���t�6efose the taking W� g.the sums serurecl bY -:.: . --.-
<br /> � market value of the PropertY r`t '� ��
<br /> u n(¢ss Borrower and Lender otheiwise agree"1 a'r'un . � , `, _=�
<br /> ,, gecurity Insnumem immadiately before t6e takiuS• ���#ry the foltowing fraction: (a)the to t a l � �v =
<br /> } . ttus SecuritY Insuument shali be reduced by the a�ounl of the pn�oeeds e immediately �, .. .4
<br /> unmediatel before the takin8.divided by (b)the fair ����ue of the Prop rtY
<br /> ' amonnt of the snn�s sewred � Y p of the ProperiY in which the fair .T�, .__
<br /> hefore the taking. AnY balanc�shall be paid to Borrower. In the event of a artial takinS ,
<br /> . , market value of the Property immediately befoie the t a k ing is l e s s than the�°u°t of the sums secuied�mmediately before tlie
<br /> � uhless Borrower and L�►der otherwise agree in wr►t�ng or unless applic�ble law atherwise provides.the p�c e e d s s h a l l
<br /> �h - . takin8. . , ,��,'. c..�.R.
<br />� • be applied to tite sums secured bY ttus S�untY I���ent whether or not the sums are then due. `
<br /> u abandoned by Borrower,ar if,�fter notice bY Lender to Bornnwer thas the cc�ndemnor offers to make a�► .�;� ',�
<br /> • • If the Praperty' s aCtcr thc date 4hc notice is given. _ -
<br /> �` award o* seute a ctaim for damaSes• Borrowet fails t�o '�opi,pn.e her to�Yresior u n or rcpair of thc PropertY�T�o thc sums _ __-
<br />-'-�-- , -.- L.cnder is authorixed to cotlect and apP�Y the procecd,• . . _
<br /> � . � secured by this SecucitY Instrument.�vhether ar nnt then duc. � ��_�.
<br /> • Unless Lendcr and Borcawe�o t hc r w i s e a g r c e i n w d t i n g, a n y a p P<ication of pracceds to Pri�c�Pa� stuil� n°t cxtend or
<br /> •�� hs l and 2 or chanSc Eltc am°unt a f suc h p a y m e n u. :. �,�;���
<br /> . , - ' postpone the duc date oi the moathly payments referred to in para�raP _ - —
<br /> �:.��::
<br /> - -. - il.Borrower Not Released:Forbearence�Y��men graantwe.da by ix derpto any succcs or inrintcrcstnof Borrow¢r�shall . -
<br /> � ' of amortization of the sums secured by this Secuniy • , _____
<br /> ', not o rate to release etie liabitity af the original Borrower or Boe p��end time for payment�or otherwi e�modify amonl�at�n ''.•�<��'•. . -
<br /> �: •�. P� -°_
<br /> p sucxessor in interest or refu
<br /> ��¢nce proceedings against any I��ment by reason of any demand made by the original Borrower or�nOwer's ,
<br />_�`• � • _- of the sums secund by this Securihl . . -
<br /> � Lender in exercising any riP,ht or remedy sh�� �t be a waiver of or preclude the •,�:;.�.�
<br /> .` suceessors in interest. Any forb�ran�bY ments of this '�'!
<br /> � - eaercise of asiy right or remedy. Bo�d�Joint and Seveeal Liability; Co-sig�e�• The covenants and agree • • ,;;:�
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<br /> 12.Successn�s and Assig�as
<br /> , ..- --.:...._ Security Instrument shall bind and ben�ed a�►�e�shal beej'SO nt and se era1. Any Borcowerswhlo co-signs th�s�15e�ntY ' .°�.��°
<br /> � . � paragraph 17. Borrower's wvenams 8r t���¢nt only to mortgage,grant and convey'that _ �__
<br /> � (nsq�ument but does not execute the Note: (a) is co-signing this Secu��menr (b)is not personally obtigated ta pay the sums : ;��_-
<br /> Borrower's interest in the Property under the cerms of this Securiry . ..-��
<br />� . . � • �.� secured by this Security Instniment: and(c)agrees that Le S�ri d�trumem orrthe Note w�thou that Borrowers conso��or ` , —i
<br /> . ;`� make any accommodauons with regard to the terms of th�s ry , -_ _
<br /> . � , ; 13.Loan Cha�ges.if th�e l�o o t�ha reihd b nteresSo�r ather oan charges collected ar to be collsected in coanection v nth the - ..
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<br /> � ; and that law is finally interp to reduce the charge , �_
<br /> , � � loan exceed the permitted limits�ther►:�a��dy �llected frogm Bonower�hic�h exceeded pem�itted�1 mrys wiU be refunded to - . . __:..
<br /> , ---- ' ��; to the germitted limit•and(b) Y a direct , .:.�.^�,`;.;;-...
<br /> • �• Bonower. Lender may choosc to make this refund by reducing the principal owed undcr the Piote or b�e��hout any , , �.°'-��°1-
<br /> - . � _ ' payment to Borrower. If a refund reduces princiPal, the reduction will be treated as a partial prepay ' :, _
<br /> � ; � ' � prepayment charge under the Note. �:� '`. . .
<br /> • 14.Notices.Any notice to Borroa+er provided foc in this Security Instrument shuU be given by delivering it or by�ress
<br /> ., . . . it by first class mail unle�ss applicable law requ n�ice t f Lender. Any noticeeto�tLender�siwlldbe gi en�bYefirst class mail to ,
<br /> ...� � or any other address Borrower designates by
<br /> '• . Lender'v address stated herein or any other address �to Borrowertor ixnder�hen g ven as�rov ded n hsrpara�p}�.���is
<br /> � Securiiy Instrumeat shall be deemed to have been given fcderal law and the law of the .
<br /> . � ' I5.Governing Law+ Seveeabflity. This Secudty instrument shall be govemed by .
<br /> � , ' jurisdiction in which the Property is lacated. In the event that any provision or clausc of this Security lnstrument or the Note
<br /> • . � � conflicts with applicable law.such wnflict shall not affect�he r povisions of tfi S Sccur ry lnstrumentt nd�t Not are declared . ,
<br />: .-, �• •• given effect without the conflicting provision. To this end t pr .
<br />- � to be severable. of the Note and of this Sccurity Instrument. . •�
<br /> ' � 16.Borrower's Co p y.B o r rower shsll be givcn ane conformed copY �rm 3028 9/9 0 ; ' �
<br />� � � � - . ' Vago 4 of B '.' '. _
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