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<br /> RE•RECUADED �g'��li. .' 3
<br /> paymeatc m�y no longer be requfrcd,u the option otL.ender,f�mari���e lnsururce coverage(in ihe unount u�d tor the period —
<br /> th�t Lrnder requires)provided 6y�n insurer approvod by i.endar��ain bccamc;rv�flGGle w,u 3s i,t►iA{nui. &,i�owe�shalf p�y
<br /> the premiums required to maintain mong��e iniursnu in effat, or ta pravlde�los�reserve,until thC requircment for morlg�ge�
<br /> insuruice ends in�ccardu�ce with�nY wriarn x�reem�n�be�wan Barrower and Lender or appllcable I�w.
<br /> 9. Inspeclian. L�nder or ita agem may rtulce rcason�ble entries upon and inspections af the Property. Lender eh�ll givo �
<br /> Borrower notice�t the time of or prior to�n inspectlon specifyln�mssonable cau�e tor the inspection. �
<br /> 10. Condantu�tlan. The procecds of xny�w�rd dr el�im for duntges, dirxt or consequenti�l, !n cotu�ecdon with �ny
<br /> condemaation or other telcinR of my put of che Prop�rty,or tar convey�nce!n Ilau of candemn�tlon, ue hereby assiAaed m
<br /> �htll be pud to l.ender.
<br /> Jn the cvent of a total t�king of�he�Propeny, thc proceeds sh�ll be appliec!to ths sums secured b��thls Sccurity Instrumenc -
<br /> whetber or not thrn due, with +usy eacess psid to Bo�rawer.!n the event of�puti�! t�lcin�ot the Properry in which the fu�
<br /> mufcet���lue of the Prope»�� immediaccly before thc taking is eyu�l to or gn�ter th�n the unoum of the sums secured b}� thic
<br /> Securiry Tnstrument immediuely before the tal:ing. unless Borrower and L.ender otherv►�ise s$ree in writing, the sums securod by
<br /> this Securlty Inscrument sh�ll be reduced by the anauni of the proceeds multiplied by the foilawing fraction: (a) the �otal
<br /> amount of the sums secured immediately before tku taking, dividod by (b) the fur muket value of the Propeny immedi�tely
<br /> before tho taking. My balence sh�ll be p�id to Bortower. In the event of a partial taking of che Property in which the fair
<br /> tnukat value uf Qu Pruperiy i►iuiw�ii:teiy ts�fon tY:c Ia3:ing is less d:°.n the emount of the sums saured immediately beiore che
<br /> taking,unless Borrower and Lender otherwiu�gra in writing or unless applicable law otherwise provides, [he prceeeds shdl
<br /> ba applied to the sums secured b��this Security Instrument whether or not the sums are then due.
<br /> lf the Property is Abaadot�al by Borrowu.or it,afur noace by L�ender to Borrower thu the condemnor offort co make an
<br /> s�vud ar eettle a claim for damages. Bnrrowa faila tv rcspond to Leader within 30 drys afcer the dste tbe rwcia i:givea,
<br /> LxaQrr is authnriud ta collxc and�pp1Y the Procc°ds•at its op[ion, �ither to restoradoa er repair of the Properry or to the sums
<br /> scxur�ed by thi6 Security lnmument,whethar or not then du�_ l�cadon of roceeds co riunci �1 chall not extend or
<br /> Unless Lender and Bormwer otherwise agra in wrisxng, �ny app' P P P
<br />- �rscpame the due date of tbe ax�bl.y payments referral io ic�puagn�phs 1 and 2 or changc the amount of such pAyments.
<br /> 31.1�raRer No't Re�sed;Forbarance Bti•Le�Not a W�iver.Ezteasion of the time for poyment or modification
<br /> of acaortization of th�sua�s secured by this Security lnsuurnent 8ru►ted by Lender to any successor in intcnst of Borrower s1W1
<br /> not o�ers�te to release the liibiliry of the origiiul Bonower or Bortower's successors in interat. Lender sh�ll not be required to
<br /> com�m�proae�livgs igainsc any sncccssor in interac or refuse co extend time for prymene ar ocherwise modify nrcwni7ation
<br /> of the sums secwed by this Securiry Iastrnment by resson of any demand m�de by the original Bocrower or Borrower's
<br /> sucaswrs in iaurest. My forbeu�nce by Lec►der in exercising �ny right or nnxdp shell noc be a wuver of or preclude the
<br /> exercise of any righc or reanedy.
<br /> » G�,n.x and Anians Sound: Jolat �ad Se�'en1 I.iRbility; Co-al�aers. The covsaaAU �ad agraemenu of thls
<br /> Secudry Inswma�t sbal btnd and benefic che�ucasson and assigns of LGader u�d Borrower,tub)ect to che provisions of
<br /> ptr�r�p6 17. Borrower's wveumcs ind agramenu slull be joint �ad teveral. An�� Borrowa who co-sijas this,Securiry
<br /> lnarumeat but does not execute t4e Noca: la)It co•dQnln��his Securiry lnsuumeat oNy to mortgate, jnnt �ad coavey thu
<br /> �._. _.��_ ._�._.._...�_...
<br /> BOR'OrVlf�i 1ntt�Etl iL Sbe YfOpCRY qAfle�WC tCRAf oi[�u Socuriiy iwi�uww�. tu/u uvi�rciwiw�y wus«w w t.y w.....�
<br /> �eained by thi�Sauri�y lnstrumeac; �ad(c)s�roes thu 1.ender ind�y otber Bonower m�y�ra to exkad,cnodify,forbear or
<br /> tn�ke�oy�coomtnodatioru wfth re�ud to the tetms of this 5scurin•Itutrumeat or the Note withaut that Borrower's coasent.
<br /> 13.Lo�a Cbar�a. If We laa Kcured by this 5ecuriry lnsuumeoc 1s:ubjax to �l�w which�ets mazimum loui char�a, ,
<br /> and thu law ic finall�• iacecpreced w thu�he incerai or other lom ehuaa collased or to be oollecud in cAaaecciaa witt► �hk :
<br /> lom eaoeed tbe permttted limiu.thea: (a)aap cucb loaa charge sbap be reduoed by che�mouat aext�ary eo redua tbe chara�,
<br /> to the pe:mitted limit: u�d(b)my sums�lready collxtad from Bornowa wWch exceoded permitted limits will be nfundaf to.
<br /> Hosorver. Lrader m�y cboose to m�ke thie nfund by ralucia� the priacip�l owod under cbe Note or by m�king � direct.w
<br /> p�ymeat to Bonower. 1f t retwid reduces priacipt►. the red►utioa will b� truued �s � pactial PnMY�c withouc any
<br /> pnpaymeat cbar�e under the Note.
<br /> 11.Notices.Any nntia to Borrower provided tor in this 5ecuriry lnstmaxne shall be���ea b!' del�vaiab�t or by wailinj
<br /> it by fi�st dats m�il uWas�pplicable ltw roqufres we of�uotber me:thod.The�otia s6a11 be dirocted to the Property Addras
<br /> ar any oclier addras Borrower desiQnua b��aoLia w Leader. Any naia co i,md�r sh�U be�ivea by fu:c clats ut�Il w
<br /> I.eader':addras staud henin or aay other addresc Lender dai�nacea by notioe to Sorrower. Aay aaia provided for in t6i�, .
<br /> Secvriry la�uweat shatl be damed co have baa givea to Botrower or Laader whea givea as pmvlded in thic paragr�b, ,�
<br /> 15.Goreivi� Lr►: Seva'abUttS•. Tk►Is Socunry Insuumeat thdl b� Yoverned by federal law aod che !aw of tl�t�..�
<br /> jurisdiaion in which the Property' is locacod. la the n►em t2u�any pmvision or clw�e of thlc Sauriry Instniment or tbe Nae,�.7
<br /> conllicu with applicable law,such conflict s}WI not Jfea other provisions of this Security lnstrumeat or the Note which can be.�_
<br /> �ivea etfect without the contlicting pmvisioa.To this ead the provisions of thic Securiry Intuument uu1 the Note u+e declarod�
<br /> to be�everable.
<br /> li.Earower's Copy.Borrower sha11 b�Btvrn one conformed oopy of the No[e aud of this Securiry Ins�rumeat.
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