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<br />.. -`:� .�' � - at the option of Leadet. if mortgage insuraace coveta�e G?a the amount aad for the period that Lender requires)
<br /> �� .`~..' provided by an insurer apF�ro�ed by Lender again becoe�s a�aitubte and is obtained.Borroaer shali pay the premiums
<br /> `.' ` required to maintain mortgage insurance�n effect,or t�pee�►vidr a tas.a reser�'e, untit the requitement for mortgage �. `j:,.;:�
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<br /> ,, ° ` '„<< insurance ends in accordant�e with an�nrittea agrcemett*-�em`crn Bnr�«et and L,eader ar applicabte tati�. :..} ..
<br /> -"=;'`r, . : . 9.Inspectian.l.en�fer or its agent may make r�ee%3$ta ertrtcs upon ond insp=ctionsof the Properti.I.ender shati
<br /> �"``� gi�•r Borraaer nuticr at the timC�►t ar prior tn an ir�sp�x:tv�n s�rc7iying reasonabte cause�nr thr ins�tion. _
<br /> , .. .�`�.:. • � � 10.f.ondennnatian.The Prct�.'teds af any award ut�-iaim f�r damages.di�:t ot coc�sa;tsrntial.in ccfnn�Kian tsiih
<br /> `��"���' any condemnation u� other taking at nny'p3rt ot thr�'rur�rr.ty,or for comeyan��in lieu of condemnation,are hcreby
<br /> . �4. � ' , a�sigaed and shall be�id ta l.endeu. . `'• �
<br /> In the event oi a total taking ot th�Ptapert3•the Fsc�ds shal! br applied to the sums secured by this Securitq `; .,,'.
<br /> '''I �� Insttument,�ehether or not tArn duc,��ith atty Csiess Pa���tn$°rmatr.ln thr event of a partial taking af the Ptapertp in •
<br /> � ntuch the fair market value of tAcs f'ropertl'�mme�eat:t� NxP�re thc taking is equal to ar g�ater than the amount of thr
<br /> � sutns secvred by this Security lnstrum�snt immediateiy�t�efca�the taking,unless Borrowet and Ixnder otherarisc agree
<br /> ��� ` � , in writing,tl�e sums s�ured h�thia Securiry Instruar,en•*.shall be ceduced by the amount of the proceeds muldplied by
<br />- • . = the following fraction:(a) t�e tata!amount of t6e sLC-:�sec`ared immediately before the talcing,divided by(b)the fair 4
<br /> � � �, � ` I< market value of the Property�mmediately bePore ti!c tn3cing. Any balance shall be paid to Borcower.In the event of a
<br /> ' � � `�`" pattiai tal�ing oi tDe Property in.which the fair matkec�-alua of the PropertY immediatelq before the taking is less than
<br /> �` r'.,'?' the amouat o i t he sums s e c u r e d.immediately befoce t�e sa�ng,unlesa Borrowec and L.ender otherwise agree in writing
<br /> ��.�,. ,`.��.<<., ,
<br /> " or untess applicable taw othes�is�e pro�id�. the Fruceed� shall be applied to the sums sec�sed bY this Security .:'° �..:
<br /> �',+�.�'.;� �. �. - Instrument whether mr not the sums are then due. �•.•<.
<br /> � �`•�.,���^�'. If th$property is abandoned by Borrower,oc i°,aftec r�otice by Lender to Borrower that the condemnor offets to , . ,,`
<br /> 1,�'� ;,'�� make a�award or settle a ctai:eii.'for damages.Bocro�et f�ils to t�spond w Lender within 3�days after the date the � ._.
<br /> .:';�.�:` �, ` nousx is given.Lender is authc�s�axl to collect and a�pty t'�e'proceeds.at its option,eithet to restoratioII or repair of the • .
<br /> �` �'�� Property or to the sums secure�t`t��tLis Security Ir�tti-'"nc�tt�whether ar not then due. ,
<br /> ' .ts'.'�, .. Ualesa Lendet aad Aosra�ntherwise agree i�casiting.anY BPPlication of proceeds to princil¢al shall not estend or
<br /> :�_�r � �` " p o s t p o n e t h e d u e d a t e of the.�u�athl y PaYmen*s referred to in paragraphs 1 and 2 ar change the amouat of svch �
<br /> , �s l x': ' Payments. �:
<br /> �{�� 11, Horroaver Not Rel�ed: For6earance �y I.ender iios a�aiver.F.sr.easion of the time for paymeat or
<br /> `4 r43 � Q . •
<br /> _,; ,,t N � modification of amos2iaatian o�the sums secure�g•Y this 5ecurity Iastrument gra.nvd by Lender to any suceessor in j .Y
<br /> `�`•`''��'��;•: 'L" interest of Borrower sha11 not•uperate to release t�.e liatiility of the¢ri,�nal Bonower ar �nrroMer s successass in
<br />__.,,,�;�;��,,:_:�.. ..• ,�:�,g successor in interesc or refase to estend ;'�':l�,
<br /> � •, �o•� = interest.Lender sLall aot be rec�tured to comme�e pror.�eding�ag�.� ,..��
<br /> ;S�,r.s�� ��
<br /> 'rf��� �,.;�::-�, time L�sc papment or otherWisa modify amortiaa*::�r.oP t�ie sums secursii bp tIi`s 5ecuritq lnstrument bp r�:�of any A,,.
<br /> � ��`�,�,�r . dem.�:�made by the original'Borro�ver ar Bonn��r s se�uressors in interest.r��fi;:.bearance by Leader i��.r�s�rcising -
<br /> ;�:'�s�{{� ;':J• �p:tg�t or remedY shall not be a Raiver of or precYude ti-�esercise of any right ot��Y• ,_:
<br /> ,:.•. • . .
<br /> , ,•;�,�cY�.� ��. 12.Saccessors and Assigns Hound;J�i�,t aad�everal Liabilitq: Co-signars•The co�esaats�nc�a���►eats
<br /> � �•��.r�����,�'��;�` of tf��s Security Instrument stialt bind and benefct the successors and assigns of I.ender and T3�^ro�ser,su6ject to the ,--�;;
<br /> � '��`'�::'° ` pro�ons o4 paragraPh 17.Bnrro�ver s covenan�an�a�rreemet►u shall be io�nt and several.r1gF�arno�ver a�ho co'signs '
<br /> �� t}u��urity lnstrument but cUaes not execute tlt��ote: la) is co-signing this Sa,.°v�i_y instrument only to mort�age. ,�.-.
<br /> .;��{"'"�t gca��.aud convey that Borsasr�is interest in t�Froperty under the terms e� �.:�Security Instrumenfi (b� ia not -_
<br /> t�,�H�:. ... .
<br /> '� � .�.`� `���.� petsoaatlY oblig2ted to pay th�sums secured b� this Security lnstrument;and�:;agrees that Lender and any other :.;:�s•:_
<br /> ���' ; _
<br /> Borrower map���e��d.modify,forbear rsn make any accommc��'x�a:�s Nith re�rd ta t`e terms o#this Se�unty �
<br /> F i!�"',1 ;� Instrumentor the�iote without tt�at Borrower s Ctss�sent. .-
<br /> , i�t{.)• ,.
<br /> k �;. Loan Cparges,If t�e Ioan secured bg,t�is Security Instrumeat is sub�t�a,law ��cS�sets maximum loan
<br /> - ' ;`�����'` ' �.�; -
<br /> t:�-�-�.'� . :� �ar and that law is fin�-interpreted su t�t the iacerest ar other loan cL'��s.collected or to �e yrollecttd in �
<br /> : ;;�;�,��t.'. _ ��
<br /> _' connection with the loan escced tha permittr�limits,thea: (a�eny such loan c�'.�:shall be reduced bc she amount . � ;�,.^_
<br /> �..� t;,., .,'�,,>�, ��_
<br /> . ,,., •.. necessary to r�uce the chargb to the permitt�d limit; and (b) any sums alrea y collecte��°toin Borrawer which
<br /> ."'�,,<�;�'-..�. �;:� exceeded permitted limits witl'be refunded to Bonower. l.ender may choose to make t�a��ef�nd by reducing the
<br /> ' �,'�1�, t _ �'`_-.
<br /> .,.���4r,.��i,s , , �., , priacipat owed under tha Note or by making a direct payment to Aosrawer.If a re�d redua�grincipal,the reduction
<br /> � cvil4 be treated as a partia]prepapment without a�y prepayment charge undet the I��ta.:.
<br /> , �t;'��``(�� ` .' � t4. Notices.Any notico ao Boreowet provided Por in thia Security lnstrum�t�-�..'�all be giren bq delicesiag it oc by ,� -.
<br /> �,..',�ti7.{;,a.,, ' • . :.:.
<br /> _ . �::}�
<br /> `.•.,.�,.:�/r""•..•:� �nailiag it bp�Cfis class mail unless applicabla lazv requires use oY another met��t`t'he na�shall be directed to t e �:;�,_�,_
<br /> ��i;�f Praperty a:�'s:��r any othet address Borrower designates by notice to Lender.�.�y notice t�m H,�.mder shall be given by •,,:,
<br /> ;•..,r;.•�,.; _�'�••.� `•: �irst class ma:= to Y.ettder's ad�lress stated herein or any other aQdtess Lender�gnates by notice to Borrower.Any �'�
<br /> ,��,
<br />_ ''�":��%i���{���.;: . notice pravided for in this 3�ee,rity Instrument shall be deemed to hava been gicc-x�to Bosrower or Lender when given
<br /> '�.Aj��5.�}f,.. . �
<br /> >���::�;rr4,;�.:.. �. as provided in t�i��aragsa?
<br />.- ., ,e�1.�.1, .
<br /> . t':'};�;. . 15. Go�'d�i�g 1.a�,Se�erabiliey.Thia 5ecurity Instrumentahall be gocer�ed by federal law aad the law of the
<br /> ,^-.:�:.:.::::. .. .:
<br />— ����+•,�•S. � � jurisdiction im�hi�3 the Property is located Ia the event that any provision os clause of tteis 5eeurity Instrument or the .
<br /> --� ' "�'��'�'��A��� �� �,� Notecor.flictsRit�applicabJelaw,suchconfliccshallnotaffectotherprovisionsofthisSecur���astrumentorthehote
<br /> - �b�!nt_,�,�
<br />- .tr�»;�=;';• wh:rh ran be g'+ven effect c�ithout the conflictir_g provisian."fo this end the prosisions of this Security lnstrument and
<br />__ ';:�':Y�. � the\ote are declated to be seterable.
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