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<br /> payments may no longcr be eequireal,nt tho option of Lcndcr, !f ntart(sQBc insurntce covnrage(in O�e nmount nnd far dte period �
<br /> that Lender rec�uires)provided by en insurer appmved by L.encf er eLrain becomes availnt+lo and is obtained.Borrower shnll pay the
<br /> . premiums requirett tn maintain mortBnge insumnce in eff'��ci, or w pr,ovid� n loss resen�s,until t}►c requirement for mortgage
<br /> � insurance ends in occordnnce with any written agreemcnt bc�wecn L�4rc�wer end l.ender ar appiicabin luw.
<br /> ;a 9.Inspection. Lcnder or Its egent may makc rcaa:•nnhla en[rics upon and ins�x+cdans of Ihc Property. 1-cndcr shall givc
<br /> IIorrower notice at the ti►ne of or prior to an inspectinn sp�ci�yir�a r�usonable causc for the inspc,ction.
<br /> 10. Coademn�tbn. The proceeds of anY ewrud cr clt}im E9r d�muges, direct ar consec�uential, in connection with any
<br /> condcmnadon or other taking of any part of tho Proper,y,er !or�onvcysincs in Ueu of condcmnaaon,arc hcrcUy asnigncd and
<br /> shall be paid to Lender. ,Y�
<br /> In the evem of a total taking of the Property�tho pr�'c.eed�.�a shcill be applicd to ttm sums secured by this Securiry Insuument, .�_Y;
<br /> whether or not�hen due,with any eacess paid to Banetv�:e.In the�vent of a(rartit�l taking af ihe Prop�rry in which the fair market .ffi�_
<br /> �� vstlue of the Propcaty immedintcly beforc the takinA in ec�u a l w ar grea t c r t h a n t h o a m o i m t o f t h e s u m s s t x u r e d U y U i i s Securi ty ,,.�;,.,
<br /> .. ,� Instrument immediately before the takins, unless IIa�rr,r•HCr and Le�ider othcrwisa �me in v�rritin�,the sums scciued by this . '�;-_
<br /> � Security Instrwrie►�i shatl b:.r.ducEd by ths smount cf�tT�e�rr.rrrrc�v mulanlied by thu(ollawing fracdon: (a)the total amaunt of =--
<br /> , � the surns scciucd immediately�fcue t�e t?�ng, clividc�by @) thc fair markct valua of the Property immediately before the ., .�� �-
<br /> taking, qny balance she11 be paid to Banotiver.In the eeant ef a Q�tiel taking of the ProA�rty in which�he fair►�►ari:�t.value of the _
<br /> propaty irtunediately before the taking is Icss than dtc artxoune of thc sums secureA immediately beforc ihe tel�inB, unLess .:�-
<br /> � Borrowet and Lender otherwise agree in wriring or unla�s eP1Tlicalzle law otherwise pmvides,che proceeds shall be s�plied w thE -:,,-t•.
<br /> sams secured by this Security Insuument whether or noc the suma�ttten due. �:�;�:
<br /> � If the Property is abanduned by Borrawer.or if,afiun nptice by Lender to Borm�vcr that the condemnor offe�:�to ma�kRa , ----
<br /> awerd or sepde a claim for dameges,Boaower feils to rc�pandi w Len�ra'aithu►30 daya after the date the notice is�iven,
<br /> • is suthorized co oallect and apply ihe proceeds,at its optian,�iihes w��stnrArion or rapxir of the Property or to the�ums secure� W
<br /> by tttis Securiry Inssuuument,whether or not ihen due. •
<br /> UNess Lender and Borrawer otherwise agree in writinII,any applicxnon of pmceeds to principal shaU not extcnd or postponc
<br /> the due date of die monthly payments referred to in para�'aph�i and 2 or chsinge thn amnunt of such payments. -
<br /> 11.Bonrower Not Released;Forbearance By 1.endctrlai�itQ Ws��+er. Extensinn o! thn timc for paymen�ar modifiradon
<br /> — oi an,v,ii�u��:,f thc�o�sss�F�;Sh�-°c����rity inntivmcznt¢ranted by Lender to tiny succe.ssor i¢�inten;SL�f Borrower shall
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<br /> •• not opeaace to release the llability of the original Bocm�u�r mr B¢•nower's successors in imeres�1.ender shall mot be requined co
<br /> . . '�����"�• commence proceedir►Ss aBeinst a►ty sucoessor in interest.a�r re�c�x tn ext�nd time for paymont or othe�wise modifj<iunorti�.ation of �;--
<br />� � the sums secured by this Security Instrument by rea�n e�f an�d�maztd made by the original Sonower or Borrowcr's successors
<br /> ' � ;s • in int�resG Any forbearance by L.ender in exercising eny ribttt w remedy sh�ll not tr�a�v�iver of or precludc the exercise of any �',_I-
<br />, �,:
<br />- ;`.{� right or remedy. �
<br /> ' "' 12.Suocessnrs aad Assigns Bound;Joiat And Sev�rxl LiaDi.lity; Cwsigaers. 'Iria wvcaeants and �mcments of �is
<br /> �:_
<br /> ' Security Instrument shatl bind and benefit the sucecssc�and assi�,ms of Lender and Bairower. subject to tite provsions o� �
<br />`� � ' paragraph 17. Borrower's covenants and agreementa shall be joint and several. Aay Borrower who casiBns this Security �
<br />- ` Insuument but dces not execute the Note: (a) is cn•si�nin� �i�Security Insmiment only to mort�e,grant and convey that __
<br /> '�.� � Borrower's inter,est in the Pmperty ander ihe tccmo of d�is Securi�y Insmiment;(b) is not pecsonally obligated to pay the sums `'—
<br /> �••� • :'�� • secur�ed by this Securlty Instrument;and(c)agrees�hut Lcnder a�d any other Borrowcr may a�rec to extend,modify,forbear or �
<br />�� ,. �,,,;• make any accommodatlons with regard w ihe terms oF�it in Sacwity Insuument or tha Irtoia withovt that 13ocrower's consenL E
<br />�:':.,.�.,,: : .. 13.Laan CLarges. If the loan secw�ed by thin S�curity In�aument is subjoct to a Iaw which �ets meximum loan cha�•ges, �.,
<br />=`�ti ,1;' and that law ia finally intetpreted so thne the interest ar�•Uier laus chnrges collected or to bo collected in connecdon with the loan =_
<br /> ;;..:,� �., exceed ihe perrnilted lImits.then:(a)anY such loan chei�e sraU 7�e reduced by thu amnunt necessary w reducc the chargo w the ___
<br /> -. ,�'.���, pemutted Iianit;And(b)any sums alrcady collected fm+n Baranw�.r whic�ea�cceded p�miuod Iimi�s will be refundrd to Borrowea. =, _
<br /> Lender may chaose to make this refimd by reducin� dia p►incipal owed undcr thu Noto or by making a direct payment �� �.
<br /> - � Botrower. If n refund reduces principal,the mducunn w�l be urated as a partial prepayment without any prepayment charge ��_,
<br /> ,:.::.:.«... - �nder the Note. ::
<br /> _ �""'"� � , 14.Not�ees. My nodce co Botaower provided far in Utis Sc�curity Insuument stiaU bs given by delivering it or by mailing it �-
<br /> __ • by fir�t class mail unless applicable law requims use cf anmtlia �nethod.The notico s4�til11r dirtscted to the ProP�nY Address or -
<br /> nny other address Bortower designates by nodce to Lc:nder_ An�notice to Lendcr slis�ll tx given by fust cless mail co I.ender's :'�-
<br /> txldress stated herein or any other adeicess Lender das3g�mtrs by notice to Sortow�a. My nodce provided fo� en this Security r��"_
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<br /> � Instiuumment shall bc dcemed W havc been given w Borcawor c�ri.�nder when given as�r�vided in this paraBmPh• ��E;;;:::�,,,
<br /> 1S.GoverningL�w;Severability. This Sec:urit�+ Inauumcnt shall bc govarned by fedcral law and the law of thc �•.�•�:,:=�
<br /> _ ju.-isdicdon in which the Property is located. In the event tlmt any provision or clause of this Securiry Instrwncnt or the Note �-
<br /> eonfliets with�p}ilieabte law,sueh conflict shall not afE'ec��ilier prov�sions of this Sc�urity Instr�ment or the NoUe whieh ean be � �•.=,��,;�
<br /> given effect wiihout the conflicting provision.To thin end Q�e pnavisions of this Secisrity li�strumeni and the Note are declared to �' u.�
<br /> be severable. �}',,;j:'�`.��
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