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<br /> " • . ' _ •< ���G�1� ' . <�..,.
<br /> :; FaYments may no Iongar be required,at the option of Lcndea,if mortgage ins�uance coverage Cm t6e amuunt and for the period �� ,-
<br /> , . ..� that I.end�requues)pmvided by an iasamr aPPm�ed by I�dex agaia becomes availabte aad is obtained Borrowe�r shatl pay the , , , ,
<br /> premiums required to maintain mort$age insurance in effect,or tn pmvide a loss ces�e,until the requuement for mostgage . , .
<br /> ;'..t .�� ..�
<br /> insuiance ends in aocondance with auY writt�ag�ement betweea Bonower and Lender ar applicable law. r :
<br /> < - ,. <� 9.InspectFun. Lendei or its agent may anake�easonable entries upon and inspecaons of the Pcaperty. I.euder sLall give C - -.--:.
<br /> e time ef or ' tn an inspection specifying�onable cause for the inspection F � - -
<br /> �._. .1 Bocrower nouce az th P� m conneaion wi�h any , - -- - _
<br /> 10.Condemnation. '[tie pcnceeAs of any award or daim for damages.direct or G� � �- .=
<br /> t _ - --:-�..-.� �ndemnarion or other taking of any pan of the PropcYty.or for conveyanoe in lieu of condemnation.are hereby assig�eed and � ,,,z._�-�` _
<br /> � • • ' shall be paid to I.endea. f ` ': ..f
<br /> ' • • � ' In t�e evcnt of a total taking of the Pcoperty.the piocecds shall be applied ro the sums sccured by this Secucity Insaumea� �: .-`: � �. . _
<br /> ' whether or noi then dae.with aay excess paid w Borrower.In the event of a pania1 taJcing of the Property in wdish the Fair market y_ •
<br /> . ; value of the Property isnmediately before the Iaking is equal to dr grcater ihau the amount of tlic sums sccured by this Security . , , tl`
<br /> (n s u u m e a t i c n m e d i a t el y befare thc takin g. untess 8atrower and Lendcr otheca+ise agrcc in writing,the sums sccured by this : .�_�:_
<br /> S e c u r i ty I n s u u m e n t s h a ll b e r e d u c e d b y Ihe amount of the pmceeds multipli e d by�he fo l towing frac t i o n:(a)t h e t o t a l a�n o u n t o f = � •,�°:..--
<br /> . . ` . t h e s u m s s e c u r e d imtnediatcl y bcfore thc taking, divided bY(b)the fair market v a luc o f t he P r o p c,�t y imm e ti a t e l y b e f o r e t h e • a��;�.°.;
<br /> � taking.My balance sha116e paid to Ho:rower.In the evertt of a partial taking of Ihe Properry in w h i c h t he fair m a r k e t v a l a e o f t h e ; ;
<br /> ' � immediatel 6efore the taktng is less than the ainount of the snms seaued immediately before the taking, untess ,r .::�=
<br /> .. _ ' P[uperiY Y t, � -
<br /> ' � � •'..r Borrower and L.ender othctwise agrec in writiaB or unless aPPlicable law mhetvvise provides.the praceeds shall be applied to the . • _�
<br /> • ! sums secaued by this Seuuiry Insuumene whether or not the sums are then due. ,' - :�_
<br /> = If the pmpeatSr is abandoned by Bo:rower,oz if.aftra notice by L�ender tn Borrower tdat ths condemnor o�'as to maatce au . ._
<br /> '.� ' award or seute a claim for damdges.Borrower fa�7s w iespo n d to L e A d e r wl t w n 3 0 d ay s a ft e a the date the notice is g iven,Lender t--_
<br /> . dam .,.:�
<br /> � is authorized to collect and apply the p r o c e e d s,ai its option.eitber to restoration nr repair of the PmPertY or w the sums secured • '.. _
<br />- `'� by this Sec�rity Insaumeau,whether or not then due. �not exteAd or o ne ��-_
<br /> - UnIess Lettder and Boirowex otherwise agree in writing,anY aPPUcarion of prnc�eds w yancipal P �° : -
<br /> . ;;��—
<br /> the due date of the mondily payments refe�red to in pa�agra�bs 1 and 2 or change the amount of such payments. �. =_ .�..
<br /> . • il.Borrnwer Nat Reteased;Forbearance By Leader Not a Wa�ver. Extension of d►e time for payment or modificarioa -
<br /> of amoi6�io�of the sums sec�ued by this Serurity IUStrument granted by Leaider to any successor in interest of Bormwer shall -
<br /> � ' �r not opetate to telease the liability of the original Botrower oz Borrowea's sucxessots in mtrsesG I.endet shall not 6e reqniced to • -_�
<br /> . commence proc.erdings aSainst any successor in interese or refuse to extead time for payment or otherwise modify amorti7ation of ;
<br /> � the snms secu�ed by tbis Security Inspniment by reason of any dcmand made by the original Bonower or Boirow�'s successois . . �. �;'
<br /> . , . �uiterest.Any forbea�'ance by Lender in ea�ercisinB ac►Y ri8ht or remedy sha11 not be a waivea of or precIude the eaeicise of anY -.-� ,•.�';°--
<br /> � right or remedy. �e covenanu and mwts of this !�"
<br />�;1 • • - 12.Saccessors and As4igns Bouudi Jaint and Sevesal Liab�iiy:Casi�ueTS. � ,.=:'��r"
<br /> ge�rity Instnunent shaU bind and benefit the successols and assigns of Lender and Bom�wer, subject w the provisions of —�
<br />- � - patagraph i7. Borroaer's covenant� �d a�enis shaU be.joint and seveial. My Boaower who co-signs this Security _ . :;�".•_.,,;_
<br /> •,,,.:; ._ i=
<br /> Insmument but does not execute the Note: (a)is co-signiag this Security Instrument only to mortgage,grant and convey that .. �.�;,T;_-
<br /> ' . Bonower's�tsrest in the Property under the tem�s of thi4 Secarin+Iasuument;(b)is not peasonaUy obligated w pay the ssm�s ;,,'�.•',
<br />':` � secured by this Securiry Instr�menfi and(c)a�ees that Lender and any other Borrower may agree w extend,modify,fo�6rar or . .
<br /> make any accommodations with reBard to the terms of this Security Insuument or the Note without that Borrower's consent '�1°�`"�
<br /> . 13.Loan Chargea If the loan seciued by this Security Insuument is subject w a law which sets maxamum loan charges, . `. ' .:��
<br /> . and that Iaw is finaUy inte�preted so that the interest or othea loan c�arges aollected or w be collected in connec6on aritb the Ioan •. .�:-.
<br />' � ' • exceed the germitted limit�.then:(a)any such toan charge shall be reduted by the amount necessary to reduce the charge ta the . ,. _—
<br /> -n[ . jtBl
<br /> _ permitted 1'uni�and(b)any sums already collccted from Borrower which cxceeded permiued limits wi11 be refunded to Bonawer.
<br /> -.'� . Lender may choose w make this refund by reducing the principal owrd ande.r the Note or by making a direct payment to :
<br /> . Boaower. If a refund reduces principal.the reducdon will be ueated as a partial prepayment without any prepayment charge . . .
<br /> :;. under the Note. . _
<br /> � .. � 14.�iattces. My notice to Borroa•er providcd for in this Secu.7ty Insuuma►t shall be given by delivc�ing it or by mailing it _
<br /> _ . by first class mail unless applicable law requires ose of another:aGhod.The notice shall be directed w the PropertY�►dc..14'rss or . • ..
<br /> ` • any other address Bormwer designatrs by nodce to Lender.Any notice w l.ender shaU be given by Cust class mail tn 1.ender's
<br /> ..` � address stated herein or any other address I.ender designates by notice to Borrower.My notice provided for in this Security
<br /> Instrument shall be decmed w havc been given to Borrower or Lcndcr when given as provide�in this paraSraph• ` •
<br /> t 15.Governing Law;Severability. This Security Insuument shall be govemcd by federal law and thc law of Ihe . .
<br /> jurisdiction in which the Property is iocated. In Ihc evcnt that anY Provision or clause of this Security Instnuncnt or�:e Note :
<br /> ���� � . conflicts with applicabte law.such conflict shall not affect other provisions of this Security Instrument or the Note which can be . .
<br /> ,� given effect withaut the wnflicting provision.To this end�he provisions of this Security Instr�ment and the Note are declared to
<br /> � ' be sevcrable.
<br /> ' Form 3028 9190 "
<br /> .. �•8R(NE)1sx+z►.oi aagaeoie 1n°'af0: �
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