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<br /> . ` . pnyments m•ry na I�nger be requinxi.at the option ot'Lender.if mongage iawr.u�ce rnrer�ee lin the amnunt and for thc periad . ��`.' •
<br /> �hat l.ender requis�.i pm�ided by an inwrer appn�ved by Lender ag:iin becume>.�vailable:u�d i.ubtained. Borro�ver�h:ill pay
<br /> - -- --- .. �..-...�•�n Pffvr� or to nmvide a t«+s c�ne.until the reyusmment for rtcartgage � `
<br /> - -. tht pnntimtta icyui�ui iu::.�,::'.:.:::::..a.:��:�....._. . _
<br /> ' , � insurance ends in arcordanoe u�ith any«�ritten agreement betw•eea Bc�rroaer;uid Lender av appliuible la�+•. .• - . _. ; ,
<br /> 9.Itupeciian.Lender or i�s agent may make rca�onable entrie�up��n and impc��tiom of the Property. Lender shall giti•e
<br /> ,,. �� Burrower nalice al the tim�af or pnor to an inspeccian specifying re�asonable rsu.e for the in,pection. - . �`�y� �
<br /> � 10. Condtvnnation. The procceds of an}•a�tiurl or claim for damages. direet or rnn,ec{uenti�l. in rnnnection with any � • •
<br /> :} . •``_�:�� condemnat�nn ot c�iher taking of an} put of the Pr��trty.or for comeyance in lieu of condemnation.are hereby assigned and --- .-` �
<br /> � �c` �3 shaU be paid to i.et�r9er. , . � .,
<br /> � � � In ttve e��nt of a tntal taking of the Propen}�.the proceeds shall be applied w the sums secure�i by this Se��urity Instrument. �,
<br /> =.; whether or otq thtn due. with any exces�paid to Borro�ser. Ia the ecent of a partial tahing of the Property in��hich the fair ` �: _
<br /> � ` . market�alue of the Property immediately before the tatcing is equal to or greater thsn the amount of the sums secured by this ',4:.. ,
<br /> .. . S�-urit� Instrua�nt immediately before the taking.unleas Sorrower and Lender otherwise agree in�vriting,the sums secured by -- - - - : .
<br /> '�;.'-'"� this Security InstrutnVnt sball be mduced by the amount of the proceeds multiplied by the fullowing fraction: !a) tile total
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<br />. • .:"i•;�� . "�_
<br /> . •;•:,•�, amount of the�wns secured immediatety before the tal:ing.divided by 1b)the fair market valae of the Property immediateiy .
<br /> � •�.:�,;:�?``� before the talci�►g. Aay balance shall be paid to Bormwer. In the event of a pattiial taking of the Property in which the fair ,` _
<br /> �;1;=-':;,�;xf:� markex calue ot.W:Propert��immediately befor�the taking is less than the amount of the sums secumd immediately before the -
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<br /> ••�<�;:.-.:�� •$• takina,untess Bomower and Lender othenvise agree in writing or unless applicable law atherwise provides,the praceeds sha11 , • , -
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<br /> =; �;Jy�.�t:,r,�,.. �-��• be a.R�,i�d to tha sums secairal by tfiis Security Instrumem�vhether or nnt the�ums am uhen due. . -
<br /> ` 5 «r��� �:t:;=� If the pm�c,-7ty is abandoned by Borrower,or if,af2er notice by Lende�to Borroe►ec tfiat the:ondemnor offen co make an ,� , � :
<br /> 'x � :s � "'�=� a���d or sett(e a claim for darnages. Borra�cer failc to respond to Lertder within 30 days after the date the nodce is givea, . �p',.-� -
<br /> 'r s��:'' ` ;E?:;;r Letvfr�is autharized ta collect and apply the proceeds,at its option,either to restoration or repair af the Properry or to ttw sums •- : �
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<br /> ;z„�� '.:' :�:r-'? se�v.cui by this Security Instrumem.whether or not then due. ..�• � ..
<br /> -,•�•h;%,:--:.�,:�• �.",=;:� Unless [.enaer and Borrower otherwise agreP in wnnag, any appliration of proa�eds to principal shall na�extend or
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<br /> ° :�'�� � '�;_:�� postpone the dus�ia�e of the monthly payments refemed ta in paragraphs 1 and 2 or change the amount of such payments. ,•��•:'
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<br /> ,_.i� �'�''���'' �- �:.;: 11.Bomutus Not Released;Forb�By I.ender Not a Waiver.Extension of the ame far payment or modification , ::.;;
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<br /> , F,t. ,.. .;.,.f_., of amartizatioss of ihe sums secured by th+s Seuuity Instrument granted b� Lender[o any successor i^.interest of Burrower sha� . : • •- � �":�"
<br /> '�i. � " not operate to reiease the liability of the original BoROwer or Borrower s successors ic�iirr�:�est• Lender shall not be required to -a•• ..
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<br /> ', „�s��' conunence proecedings against any successor in interest or refuse to exte;cd time for�a,^.�r��t or otherwise modify amortization "K�; g ���,
<br />-��,1�'F?�'��.���'� � - of the sums secured by this Security Instrwnznt by reason of any �m-.�.�d mad° L.y ��s �riginal Bonower or 13Orrower's :y,+r.�y).��`�'(,��}����,.%;j•`•°;:_
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<br />-_ , -` successors in i�.rsest. Any forbearai►ce by T_er.�i�r in exercising any ii.�u F�r remedg Z�a11 not be a waiver of ar p:�clude t� ' �����..C;:•'h���.J;'.
<br /> � �;;�w� exercise of any right ar remedy. �,�,,, �trr'�
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<br /> "" 12. Saooesso�s and Asclgns Bound; lei�3 and �Qrcaal Liability; Co-signeis.The rnvenanu and agr��u af this ����A":; '
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<br /> '`t�13,��iJ , �'' � Saars�ty Instrument shull bind and benefit the successa��hd assigns of Lender and Borrower, subject to the r�•�+sions of ,{i,.;�
<br /> 1� %; ,,���:' paragrdph 17. 8srrower's covenanu and �„�ements sh�fl be joint and several. Any Borrower who co-signs t::�s Security ��. +�-+a-
<br />-;4f--1'• '�--•:� --,�-�. iastrument b�at do�...�s nat eaecute the Note: 1a?is co-signing this Securiry Instrument only to mort�e,grant and convey that �. ��'
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<br /> i;�.;:,,��.:: :_:.�,,.�, B�rrower's in*.ete�x in the Properry under the terms of this Security inslrument: (b)is not personally obtigated to pay the sums �;�; ��•
<br /> ��Krrv;;' i secvred by this S�urity Insttument:and(c)agrees that L.cnder and any other Borrower may agree to extend,modify,forbear or
<br /> make any accommndations witft r�:gard to the term.s of this Security instrument or the Nate without that Borrower's consent. '� �
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<br /> 13.Loan Clsarges.Jf the loan secured by this Security instrument is subject to a law which sets mvcimum loan charges, t�s�f � ;
<br /> �f'` -��,%�i� and that law is�nally interpreted so that the interest or other loan charges collected or to be collected in connection with the �� :�,;r� ��
<br /> � � '��l loan exceed ih� ermitt e d limits.t hen:(a)any s u c h l o a n c h a r g e s h a l l b e r e d u c e d b y t h e a m o u n t n e c x�s a ry t o r e d u ce t h e char ge , .• < �r :<
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<br /> . !; to the permitted limit and Ib)atty sums already collerted from Borrower which exceeded permi�:eLL l�-nits will 6e refunded t•3 _3',.,
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<br /> r�{+�.� , r ���"•^� ��rrower. Lentler may choose to make this refund by ratncing the principal owa� u.:der the tio� or by r.�.:icing a dim,ct �<<;/f:<=r �__
<br /> � � "'�,�,�? pa�r,:ent to Borrower. lf a refund reduces principal, the reduction will be trezc�;: x.+ a pz.�ti:r. grepayme�-A: •:•ithout any �:,�.��,r3�� •
<br /> �` ' �, �'�•Sr���, prepaymen�cl�srge under the Noie. + ' .� .'�� r=
<br /> ' "� `���� 14.NMices. Any noiice to Borrower provided for in this Securit�.[c;trumem shall be given�-�delivering it or by maili5 5
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<br /> r.s�.���; z� �-, :,,� ,�by fisst claa mai!unless applicable law requires use of another methal_ 'i'he notice shall be directed to the Property Address
<br />;�,h���%'�•'�. � t, .•�. .:: oc zny other ad�ress Borr�wer designates by natice ta Lender. Any r.o:ice ta t.en�r shall be given by first class mai! to . .
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<br />- r t,,.,:.,; �;� ,,,,r. Lender's address stated h:rein or any other address Lendcr designates b� notice ac��.r.ower. Any noticc provided for in this
<br />`;...:,.,•.. .�•r;::, � -
<br />-•+�•�' . �"�s Security lnstn!mL;.^.s shall be deemed ta have been given to Borrower or E.e::der when given as pruvided in this paragraph.
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<br />_;.�':'•," ° �`�`''�' ; 15,Co�c�tr'g Law: 5evetabilitp. 'Itiis Security Insuument S:LI be governed by federal !aw and the law oftt:= • , ;
<br /> � '`�,� {''�:,;�;, jurisdictiod in��fi��fi the Property is located. ln the event that any prosision or clause of this Security Instrument or the h�:e � �,• :;:.
<br /> __.,�: � . .; •�:,•��; conflicts with applicable law,sucb canQict shall not affoct other provisions of this Securiry lnstrumer.t or the h��'hich can be ,;.'. ,
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<br />:.:,,ry. ` , ;,;,., ; given effect witi:a�t the co�Aicting provision.Ta this end the provisions of this Securit Instrumert and the'.�a::::r_declared �C°='+:. `'� ���i•
<br /> ' :,::;•t.�°' y, to be severab"e. . .''{"``
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<br /> • ;,1;�.,`� 16.Barr+m.s�''s Copy.Borr�w•er sh�tl!,given one conformed o�}• ��f the Note and of this Sv�r..y fistrament. 1 �;�.,`�:t-:�
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<br /> F , �;�r .i Form 3028 �'J3 .,
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