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<br /> � paym�ts may no longer be required.at the option of Lendee.if mongage insurance coverage(in the amount and for the period . .
<br /> , ' ` � ,tha�Lwder requiresj provided by an insurer approved by l.ender again bcxomes available and is obtained.Boirower shall pay the :
<br /> •� j p�s req�W mamtain mortgage iasutance in effect.or tn provide a toss reserve.imtil the raquiremeni for mortgage :
<br /> • , . ' : msuiance ends in accordance with any a+rimea agreeQ►ent between Bormuer�id Leuder or applicable law.
<br /> � 9.InspectIan Lender or its ageat may make reasonable enuies npon aad inspections of the Property.Lender shall give � ` .
<br /> � � � Borrowcr notice ai Ihe ume of or prior to an iaspettioa specifying reasonable c�use for the inspecoion. .
<br /> . -- • 10.Cond�natifln Tt�e ptoceeds of any award or claun for damages,direct or consequ�ntial. in connection with aay ,- . - - - -�---
<br /> oondemnatioa or other�g of any patt of ihe pmperty.or for conveyaace on&eu of condemnation,are hereby assigaed and � -
<br /> ' shaQ 6e paid tn L.ea�der. , . . �
<br /> . In the eveut of a wtal talcing of the Pmperty,the pmceeds shall he agptied ro the sums secured by Wis Sec�riry Insunment, _
<br /> � whether or not tftet�due,with any exoess paid w Brnrowet_Ia t�e event of a partial tatsiag of the P�operty in which the fair market . ..
<br /> } ` vaine of We Propaty immediafely befare the t�ing is equal tn or gceater t�an the amoant of�he sums secared by this Security ` �,�. , .:�� �.
<br /> � L�strumeat immediatety before the raldng, unless Bomow�aad Lacd�o�herwisc agzee u� writing,the su�ns secaued by this : .�r`��i'��<��
<br /> ` � Secu�iry Instnuaeut shaU be reduced iry the amount of the m l�ed b die folloa+in fraaion: (a)the total amoant of ,�����iK.
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<br /> P�S �A' Y g :°�•;,.':t•�:
<br /> � � � the sums sec�red immediatety before the taking,divided by(b) the fair marlcet vatue of tde piropeaty immediately before the :�., � `.���.,��,.,-"'•_
<br /> '1, tak�g.pny 6alance sdall he paid to Borrower.In thee event of a par�at taYing of the Prope►ty in which the fair market vatae of ti�e ` , `:._ '=`•
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<br /> . . �'oP�Y immediazely before the taking �s less than the amount of the sums secured immediately before the taking, nnless �'.��, ;•:.-'�„�r�"A'z'. 4
<br /> : ;.� Borrowea and I.euder otheavvise agcee m wriung or unless applicable law otheiwise pmvides.the pmceeds sdall be appHed to the ::,f�F����F".._
<br /> sums sec�aed by this Seauity Listmment whether oT aot t6e sums are then due. � f���°•:-_
<br /> li the P r o p e r t y is abandaued b y Barnower,or��:-�r aorice by Lendea to Borror�er that the condes�ac*a a�ess tfl make an .,,R'f`:�_ "',_
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<br /> _ award or seule a clauu far damages,B�rower faiLs�a�+pond t�bxndea arithin 30 days aftcr the date thc notice ss giv�,L�dea � . :�,.<<r:::.;
<br /> ' is authorized w collect and I the ai its opuon,ei��r�restoration or of t6e or to the sums secared �`� "�
<br /> . �Y Pmceeds, '� atio repair ProP�Y ..�4�3;�_: .::-
<br /> by tLis Seauity jtisuam�t,whether or not then due. � �..��,�`` ..' `•.
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<br /> � � UWess I.ca�der and Boaower othervvise ag�ee in arriting,any application of proceeds w princi�al shall not eactend or postpone s . � .:;.t� ,..,r•Y_�.
<br /> � the due date of the monthiy payraeats refened w in pazagaphs 1 and 2 or c6ange the amount of sucd payments. 4, - °;,���`,;,.�,:.
<br /> "�' 11.BorrowerNot Release�;For6earaace B Leader Noi a Watver. F�ctensian of the time far ent or modification ���'�"'�'y
<br /> ;, • , y si paym ' , ;`;;.�; ,�;,-
<br /> • oF amo�ti�ation of the sums seaued by this Sec�uiry Inspn�me,nt�by l.emd�w any successor in inteaest of Borrower sl�all �. . . .,.,, s:;s
<br /> -�::•;'.,• noi apea�ar�4�i t e l e a s e t he l i a b�i ty o f�o r i g i n a l B o a o w e r o r B a�v�'s s u c c e s s o r s in in t e r e s t Lender sGaU noi be r e t�nired w `';`,A;�,`.�'.i'
<br /> . ��:,, ��%.�;;?,'�r;.; Froc�n&4 a�st Y " � .
<br /> �•• ; ., ,��. comm�ce an sucoessor in int�t or refuse a ex�►d rime for payment ar otheswise madify amo:ti�aaon of `�;� ,.`;. .
<br /> ,': `t` '�%; =;� oTce s�uns secared by this Sa�aaity Iastrumea�t by re�a of any demand made 6y the original Bormwa os Baai+�wer's suocesso�s . , '��,.,'r
<br /> * �`,
<br /> " ''`�` in iaterest,My forbeaz2aoe�y Leade�m exes�isu:g aay right or rer�edy shall csDi�e a waiver of or preclude tse exercise of any ✓ ��, �,,;,.•;.
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<br /> �: • , � ; IIg11t O7 iCIRCdy. •;•���'�•`:�:�
<br /> ' .. ����` IZ.Snccessors and A�igns Bom�;.Ioint aQd Several Ltabili►y;Co-sigceas. The coveaant� and agreemeats of this �-�� ��`�
<br /> ' of Lender an� Borrow�, sub'ec.t to the visions of .. `�%�-`�,;-
<br /> Security Inmumeat shall bind and bexiefit the successors and assigns 1 p� � 4•��
<br /> .-.�_., ,
<br /> ' . P�Pb 17. Botrowet's covenants and agreements shall be joint and several. Any Borrower who oo-signs ihi4 Sequity �:.: �,.�r.�:_
<br /> � Instrument but daes no�acecute the Note: (a) is co-signing this Sec�rity Insuument only tfl mortgage. grant a�nd convey that , f ,=�
<br /> � Borrower's mterest in the Propaty�the temrs of this Securiry Uulraineaix(b)is nat peasonaily obligFtted w pay the sums .. . ;:`'::�>f;
<br /> • .; seca�red by this Seauity Instiumenfi and(c)agrees that Leader and any other Borrower may�w extend,modify.forbear or ...::�v,�%"',
<br /> . ��. make any accommodallons with reg�D c�the uxms of this Secarity Instrumeni or the Note withouz chat Borrower's cansenL • .•,�3�r...;�::::
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<br /> . �` 13.Loaa Charg�. Jf the Wan secared by th3s Secarity Inst�am�t is subject W a law which sets ma�.�num loan ct�azges, ��''�••� �
<br /> i� . . � �'' i� aad that taa is fmaUy�ugzeted so thai the�ter�a¢�r ather loan charges coltected or w be wlleaed'u�car�rr�cvion witb the toan � '.',' '°� .;
<br /> ;".�:,-•�:�.��` x �sseed the permitted l�i�s.rhen:(a)�y such Ioan c9rerge shaU be reduced by the amoimt necessary to red-��e the charge to the � �� �,{ ,*.- -r.
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<br /> . :;.,,, .:;::�,.., ,` pamiued L�and(b)any sums a�3'�llected from Bomower ahich accecdod pe�mitted limits arill be refunded to Boaower. ,'•;:',1 fk:���',i'�;,""`
<br /> • l.ender may chaose to make this ref�ad by reducing�he principal owed under the Note or by making a direct paymcnt w ,;���:�rh;�•, .
<br /> ` �h �e4�Y3'�: -_
<br /> � .x Bormwer If a refund reduces principal,We redudi�arill be treated a4 a partial PrepaYment wiWout anY CrepaYment chazge �. � � .: "`�
<br /> andea the Note. f�.•
<br /> . l4.lVottces. My�uccc to Boirower provided for ia lhiS Security Instr�ment shall be givea by delivering ii or by mailing it !�' � � • ��
<br /> �t�';:`�, by fust c12ss ma�7 unless applicab!e G��rsquire.s use of anothea�tltad'Ihe notice shall be '�e�acted to the Prop�ty AdCr'�ot � �,�', {,:
<br /> ,�?� any othe�addres.s Boaower desigr�s�y nouce to La►der.Any IIotice tn Lender shall be�-.u�by first ciass mail to l�er's � _ '.,.,.��i�1', ,
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<br /> � address s7ated here�ca a�ny othe�address Lender d�ignat�s by notice to Borrower.Any no�ce provi�.2 f�r ui this Security �'.�i�'��•
<br /> � • ' Inslnw►eat shall be d�w have been given tn B�cswer or Lender when given as provided in this para��. ' � ' ,
<br />•'t � • • 15.Governing Law;Severab�7ity. This Se�i�+ Insuument shaU be govemed by fede:al 1aw aad the law of the ' .�
<br /> �� � ���'. '• jurisdiction in which the Pmyerty is;�catcd.In the event that any pmvision or clause of tius 5ecurity Instrument or t5e�'ote # �
<br /> �� conflicm with applicabte law,sucb c�-.�f,:�ct shall noi affect oiher provisions of this Security I.-rx-.n:zeat or the Note which c�n be t� •' . ':�•',�••.`;;;;'• � :�
<br /> . �.��, . ' �. ,,,,, .
<br /> giv�effect without the conflictir,�;�¢.�ision.To this end the provisions of this Securiry Ins�ar^.�:t and tFte Note are dcciased to . � . �
<br />�_s:� �, be sevraable. �. , �. .�
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