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. r �.>T.n.����:r� � .. <br /> � i: .�-��� �.-�...t.:.i,/�. \ - .. _... ....._"___ -_. �.._..."__�- "._- <br /> il ' ': _��.._..r --�..�.�•.�-_r-�.L _ __"_".�..��..� _'__'_ -,. <br /> ,� Lv)iS4i�Y`__'_" „'''�b`t` - — -- - <br /> p�ymcnts muy no longcr ba roqNirGd,�pt��hr option of Lender, if►mrtgagc inxurwice cuvcragc(in th���t��d!'RIMlpb� <br /> ii�Mi i.C�nicr roquira)Provicitxi hy aq•iq�uircr�ppmvai by i.e�xlri�gai��lk:cars.;s a�aii�b}c attd i;a6tain:°d. Hor*�wer shall pay _ <br /> tha prcmiumx reyuiraf tn maintnim m�rtguBc insurnnc^e in effnct,or to provide u Inss rcserve,until tho requirement fur murtgxge <br /> incurunce ends in accorJunco with uo){varitten ugrcerntnt brtw��n.Ac�rrower and i.�nder or up�licahle law. <br /> 9. Inapectltm, Lencinr ur ith u�}ant muy make rek.amak►Ir,en{fics upon und inspcctions of the Property. l.ender shall give <br /> &►rrower nodce ut Ihe tlnx+nf or prinr��an inspection spa:ifyitt�rcasonable cuune for the inspection. <br /> 10. CunAsesn�tl�►n, Thn prcx�ods of wny �w�ni ��r clalm for dnmegcs, direct ur cunsequentiul, in connectiun with any <br /> eondemnMtion nr �xher tnking nf Way.pMre of the Property,or.fi�r cc�nveyance in lieu of condemnatlun, arc hereby assigna!urxf <br /> shall be paid tn L.c�lar. <br /> 1�:tho event of a �utnl tokin�uf'tl�n P►'operty, tlu pr�u:ccds shul! bc applied tn the sw��5 wcural by this Security Instrument, <br /> whelhor or not thon dun,with any cz�ss paid to Borrower. !n the event of u partial takin� cif tha Prop�rty in which tho fair <br /> market valuc�oF tha Pr+c�perty Im�nexiintaly l►eCore thr t�king is equal to or greuter than tha nnx�unt�f tlic sumi;secured by this <br /> C....-:urit�[n�tn!�m+nt ImmaiiAtnlu hcforc tbc taking,unitrs Borrowcr utxl Lcnder otherwise agrce in writing, �hc sums secured by <br /> thie Sacurity Insttuntemt shall�ba mducod by the am�wnt nf the pracads multiplied by the following frsction: (a) the total <br /> �unt oi thc sume socurrd immexfiutely before the taking, divided by(b)tha fair markct value of thc Property immaiiutcly <br /> i�aforc tha ts�;ing. Any b►►iam� �11v�ll�be paid to Bormwcr. ln thc e�cnt of u pnrtial taking of tho Properiy in which tho fair <br /> muket vriva of the Ptnperty immadlutCly beforo thc taking is IeFS thun the omount of tha sums secural i�nmaiiutely bcfore tha <br /> taking, unl�ss 9c�rmwer uad Lendc�otherwi.ce agra in writing or unless applicable law otherwise pravides,th�proccedh shull <br /> b�appliod tn tha s�m�sccutnd hy this Securit�Instrumcnt whether or not thc sums ure th�n due. <br /> [P tha Propony iP ahwndcmtxlck�a�Borrower,or if,after notice by I�nder to Borrower thut t}u:condemnar affere to make pn <br /> ' ewnrd�or sattla a claim�fi�r drm�anas, Borrower fails to r�spc�nd to I.ender within 30 days after thB date the n�tiea!s given, <br /> Lendar is authnrir�od.kp-a�lllw'1•and apply the procads,at it�nption. eithar to restoratfon or repuir of the Property ur to the sums <br /> secumd 6y �hIF Securi.ty�Jnst�ument,whcthcr or noc thcn duc. <br /> Unlas�I.endor�nd��darruwer otherwise agcte in writing, any application of pracads to principui shi►II not extend or <br /> pc�st�tnnE�tha duc�dutri oi�tho monthly payments referted to in puagraphs 1 and 2 or changc the amount of such paymenla. <br /> 11��rawwer�l�k►t Relea9ed;Forba�rpnc�By I.ender Not x Wwiver.Extension of tha time for puyment or mcxlificalion <br /> � of am�rtizmtinn,�iT�thh sums securod by thie Sccurity Instrumcnt grantcd by Lcndcr to any successor in interest af 8orrower shall <br /> f not apt;nN��tq.rt3i�r�s�thr,liability of the original Barcower or Bocrower's successors in interest. Lcnder simll not be requitod to <br /> oommenc�e pra7eedlnss against any succacsor in interest or rcfuse to extend timc for payment or otherwise nx�dify umartization <br /> of the sums socurcd by thiF Security Instrument by reason of any dcmand mAde by the original Borrower or Horrower's <br /> suoc�sors in intercst. Any forbairana by Lender in exercising any right or rcmedy shull not be a waivcr of ar preclude the <br /> exercise of any right or r�medy. <br /> 12, Succesrors �1 Assi�nv Bouad; Jolnt and Seversl Lis�bl��ty; Co�igners. Th� covenant»1ad aQroements of this <br /> Secvrity Instrument shAll bind and benefit the successors and ass►8i��i LGr��r and E°n°=.'=�, =u����=t �Q the nmvisions of <br /> puragraph 1T. Borrower's covenants and egramenta shall be joint end several. Any Borrower who co•signs this Socuriry <br /> Inatn�onent but das tat eaecute the Note: (a)is co-signin� thls Security Instrument only to mortgagc. grant and canvey th�t <br /> �„,�,.....,..._ �_._..,..r .�..�:ti�:�.m�ni�hia CMnrltv incfn�mrtnt;!h1 is not netsotwlly obligeted to Qay tlte surtts <br /> v..µ o wwaw�iai uio i ii�jii.iyi ui�..�. <br /> securod by this Saur�ty Instrument;u�d(c)agras thAt I.ender and any other Borrow�r may agra to extend,modify,forbair or <br /> make any a000mmodations with rcgard to tha terms of this Security Instn�ment ar the Note without that Bunrower's consent. <br /> 13.Lan Cha�a. If the loan secured by this Security Instrum�nt is suAject to a law which seta mnximum loan chugea, <br /> �nd that Iaw is fiiully interp.eted so chat the intercst or ather lour� charges collectaf or ta bo colloctod int�n��d�� � <br /> loen excood 1he permitted limits,then: (a)any such loan chargo shall be ceduced by the amaunt noc.�xr+ary �8 <br /> to the permittecl limit;u�d(b)any sums alc+eady collectal from Borrower which excealal permittod timita will be refunded to <br /> Borrower. Lender may ciwo�;e to make this nfund by reducing the principal owdd under the Note ar,by cruking st dinoct <br /> peY�ent ta Sorrower. If a rcfund raiuca principal, tho rcduction will be treatod as a �rtial prepaymeM without any <br /> Prnp�yment charge under tho Note. . <br /> 11.Noticd.Any notia to Burrower provided for in this Sccuriry inurument shall�be given by dclivering it or by maifing <br /> it by�fiist elacs rtuil unless applicablo law rcquires use of another method.'I'h�notice shall be directod to the Property Address <br /> or any other eddrcss Borrower designates by notice to Lendar. Any nodi.�e co Lender shall be given by first class msil m <br /> Lcndor's addreas statal hcain or any ot6er address L.ender desi�nata by nc>tioe to Borrowcr. Any noticx provided for in this <br /> Stcurnry Tnatrument sh�ll be deerned to have ban given to�rmwer or Lendcr when given as provided in this puag�ph. <br /> l5:Governing Law; 5e.wenbility. This Securiry Instrument shall be govemod by federnl Iaw �nd tht law of the <br /> jurisdicdon in whlch the Property is locatod. In the event that any provision or clause of this Security Instrwnent or the Note . <br /> confli�ts with applicablc lnw. such conflict shAtl not affect other provisions of this Security I�utn►ment or the Nute which can be <br /> given�cffect without the conflicting provision.To this end tho provisfons of this Security Insuument end the Note ara declarod <br /> tn l�e severable. <br /> 16.Borrower's Copy.Borr�ower shall be given ane cor+fotmaf copy of the Noto and nf this Security Instntma�t. <br /> F�,�,3ose sno� <br /> v�yu 4 or e <br />