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<br /> � uired,at the option of Lcadcr.if mortgagc insucancc coveiage(in the a�oUn•t an���t�c—p�d • � :.,
<br /> _ .. . , �ts may no longer be req becomes av�b3e a�u uu�ai�c►,3.Bc��r st��aY thc �--_-_.:.— _
<br /> , � that Lender re9uires)Pmvided by aa insurer aPProved by Lcnder agau► . ,
<br /> pm,uniums req�eired w maiutain moctgage insurance in effcxt.or tn providc a toss reserve.unti�l the requaement for inortgage . .
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<br />� � insurance ends in accotdance with any writte.�►agreement belween Bormwer and I.ender or agplisab'.e law. �der sdall give ' .
<br /> � 9.Insp¢ctlon. Lander or its agent may make rmsonable entries uPon and insp�nns of the Property. .
<br />- . � Boaower aorice at the time of or prior eo an iaspecaon specifying reasonablE cause far the uupec[ion. `. . .
<br /> �' � 10.CondemnatIon. The pmceeds of any aw�d or daim for damagcs.direce or co°sequ�t�l.'n �°�►�on with any , `
<br /> i`, condemnatioa or other taking of any part of the Prope�ty.or for conveyance in lieu of condemnatiom.ar�hezebY assi�►ed and ` .
<br /> 3 sha11 be paid tu l.ender. ! . .
<br /> y Ia t6e eve,nt of a[otal takia8 of the Pmpe�ey.che Fr�coeds shall be a�pl�l w the suTns seaued bY�►swhs'r�.h.��' �rk�ee �
<br /> � whethe�r or not then due.wuh any eacess paid w Boicower.In the event of a parrial ta&iag of the PimpertY�
<br /> = i unmediatelY befo�e the taking is eqaal ta or�t6an the ainount of the sums ses.�ued•bY this Seauity ,
<br /> valae of the PmPe�tY� in writu�g.th;.s�uns secur�by this
<br /> _ j. Instrumenc immediatelY before the tak�ag. unless Bormwcr and Lenda otherwiss ag�ee �u ti�
<br /> - Secwity Iastst�ment shall be redw�ed by the amo�t of the proceeds mutti�Plied by the foRowing fracsion:(��l� be of re thc `
<br /> `. 5 1he s�uns secuted immediate 1 y b e fore t he t a l�ng,divided b y (b)the fanr madcet value of the Pcopexty Y � _ -.-
<br /> .`_I�` � � �ciag.Any balance shall be paid to Bosrawa.In the eveat of a partial takinS of the PieopeaY in whish th.fair m�icet walue of the
<br /> }: . ' pmperty anmediatetY before the ta1�8 is tess than the amount of the sums secu�ed inmediztelY �shz�f b:ap�ed w she �
<br /> �°m vidc-s,the pIOCeacls
<br /> ,, Boirowea and Lender otherwiss agree in wriUng or unless applicable law atherwise p�u'
<br /> �s : �, sum4 secau+e�by this Securit}►lasuument whethea or not the sums arc then 6u� :• �,,•. .
<br /> ;t . ;� If the PraPeatY is abandoned by Borrower,or if,aftcr notice by Lend�t�s Brnm�xe�that the asr��nn�r uff�as to make sn }
<br />:>; : awazd or set@e a claim far damaSes,Bormwea faits w respon d m L�a d e a w i t h m 3 0 d a ys sfter the d�r�;aotice is�g+veo,I.cnder . ..
<br />-' i�authorized to colleci and apply the pmceeds,ai its option,either to restniauon or�Q�'the Propercy or w th�s�uns sec�aed ':` : . --
<br />�''� � � by tlsis Secauity Insuume�t,R+t��or not then duc. f,,1,;:.< .. . -
<br /> � ' �# Un{ess Leader and Borrmser ot6eawise agree in writing,anY aPPlic�6an of proceEds r��rincipal shaI1 not exte�nQ mr postpoue
<br /> `r, ' ents refeired w in paragraphs 1 and 2 or ci�aaage the a�x�.u�t of sush paym��s. �`':•,::
<br /> � . ' : the due date of t&e arr.Bth1Y Faym II '
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<br /> ; i i.Borrm�s�;+���et�:Forbearanoe By I.ender Not a Waiver. Extension of the time for paymeat.ar modilication , ..z•�,
<br /> ';� a f a�a n at iha s�s�s'�ued by thts SecumtY InsOUment gtanted by Lettder tn� successor u�mteTest of•Hanvwer shaIl i `• 3:.x:;:.
<br /> 't. `
<br /> '; �.� aat r�e to r°'�..r�:.�e -��T•y-y of the original Borrower or Bomnwer's success o r s�a m t e r e s t.L e n d e r s h a ll a o t M c e,�u i m d w .
<br /> .:; C e a g a i�t an Y sucassor in intaest or retuse to extea��e for pa�-�ent or oth�ise moc!ifi��.7E�"'�IIO���f � `
<br /> ;, , ;f�•: cot�men Pr�''� Boirowec or Hatro.i , . ;'.:�';
<br /> , .. ,�; �e y.��5y thi�SecurIty Instrument by reason of any demand c�a�:by the origu�al '
<br /> � � . ;� in�stetest.Any fortsea�ance�Lendet in exe�ng any right at remedg s:�alI not be a aaiver of os pr�di�ez�tise of�ay � : ,� ; .'
<br /> t � �hS or remedy. � ' `
<br /> Co.signeas. 'IBr cAVenanu aa3 ag��s of this ' }�` r"
<br /> .�r� : '� IlZ.Saaocsofs and Assi�s Bound;,loint and Several Q.�ab�ity: 4 'f � ' `
<br /> seb m ttra�ri�ns af ..;�;1r;
<br /> ;�z � � b�efri the suocessocs and asvgns af T.cmdea m�Boaawrr. j.ct `"�' ,;•."t.t,,.t 3:�
<br /> �r� �z� S e�r i ty Insa�t s4at1 bind and
<br /> �.�.' . S� M B o r r o w e r a i�fl cA-�gn c d�is Security
<br /> ,�, �i;'�; p�ag�aph 17_ �rower's covenants and agreem�ts s h a U be j o i n t a m�s e v e�a l. y _ _��4.�;�
<br /> . I�smunent only to mongsge. gra�n and c�nvay thai `'�`�
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<br /> :� , � • Insttument bat daes not execute the None:(a) is co-sigaing this Seau�'} �not naU abli$ated m paY tbv sums .
<br /> .,•f.-.:x;. Baaow�'s iateaest in the pcoperty under the te�rms of this Seauity IastrumenC N)� P� Y .
<br /> y ''� ��� s�xired by ihis S�tuity Instcumen�and(c)a$rces ttuit Lemder and any oth�Borrowu maN a8�ee to extend,mnclify.furb�r or . ; �_;
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<br />' .;;� �;�� :: make any accommodatioas with regacd tn the terms of thjs Se�uriry Instrument or the Note without that Borrowes's oonsenl. .. � ;.>,•,;
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<br /> , • :•..;i 13.Loa�C`�ha�gcs. If the loan secured by this Seca�rity Instrume�ua�s subject to a taw whirh s�maximum luaa�ct�mges. � . .
<br /> �`t S:.�i. �:•�;
<br /> ;`'��.:�,`�;,� `� � '�'�''�� and dtat law is fma]Iy inteipreted so that the inte�rest or other loan c1�ar8es collected or to be couected in cmnnecxion with the loaa :,,;: • " .
<br /> �;�� .„-.,t�'� . . eu�,�ed the permiued limits.th�:(a)any such loan charge s3a11 be reduced by the amow�u necessa�}+w redu:e the chsrga to the , .
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<br /> u�ed Wniu will bs rcfun�od t�n Satrower. �
<br /> r;<< .,`,";:-,'; �•. , p�iued limix and(b)anY s�as a1r�dY coUected from B�cawer which ea�cee,ded p.a�»�d � c.,:;. .
<br />;.-�r._t._,,., .
<br />-- ��' Lendra may choose to make this refund by reducing the pcincipal owed under [la:AL•ote or by making a diract payment w ;�;�:'..:• - , .
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<br />" �� � Borrow�. If a¢efnnd reduces Principal,tha reduction will be areated as a par6a��'JaYment arithont anY Pre�ayrtn�st char�e . .�
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<br /> _ .: . �nder the Note. . .. � • •
<br /> 14.Nodees. Any notice w Borrower provided for in this Secauity��t��8�ven by deliveJing it or�sy mailnn8 it
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<br />:t,•.�.��,:,;,. . ; by�st c1a5s mail uNess appiicable law requires use of another methad.71ie nor�ce sltiatl b�dirested to ths Prop��A3dress or � �
<br /> t� a�y oth�address Bormw�designates by notice to Lender.My nodce to Lende�sha1�be givc�by fust cJ�s cr�to Lender's �: . .. . ..
<br />;;':;� � , addms4 state��s�sin or any other addtess Lender designates by notice to Borrowes. Any noti:e PanviBed for in this Secur.*J i..
<br /> L�swm�t shall be deemed to have been given to Botrower or Lender when given as providrd in:hi3 p�sgrnph.
<br /> : . . . I5.Governtng Law;Sevarability. "ibis Security Instrument shail be govem� by f�d:rsl �:v++ and the law of tho ; � .
<br />",� �� '::�:`. � vision or cfa�e of tl�is SeGlrity Inswment or thc Note `n.�.. �
<br /> . �¢r,sdicuon iu which the L'r.,^p'•�ty is loqted• In the eveavt that ar►y Dro '' • •
<br />�:'.�:�,. ',,'• � �' :,ar.h7icts with applicable iaav,such coMict st�all not af�'wt other provisions of this Sea�riry Instr�..�t or the Nnte whic6 can be �;,,.�,..,. . .
<br /> _ ' ' . grv�a eifec4 a,?�out the coaflicbng provi�an.To this end a�he provisians of this Secsci�ly Ins�-m.ns ar�the Naee are dectared tc .,�,.° '
<br /> s r':� be s..�vera'o1e. f. . .
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<br />-::�::' � . inno'c
<br /> _:,.;�,', Payo4of8
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