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<br /> t `� ,. . _...._ ��co ��6���� �� `(<<;� ,
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<br /> ' � Payment,ma}aa taRger ta::�eyuited.at thr uption oi l.cndcr.if m��rtgage m-.ur.mre c��rcragc i in du:uuount and f��r the periud i �r`�r
<br /> � :r��' .
<br /> that Lender n�uir:a�pr�r:tde�i by an insurer appra��e�i by L.ender a��n h��.ame+3�ad;ibic aml i+obtain�til. Barn�uer�hall pay� .+ .+
<br /> the Premium+reyuin.'d m•mtt+nt.cin murtgage inwr.uue ia ctf'ert.ur to pru�idc a lo.s rc+z'n'e•unt�l thr rcyuirement fi�r mortgagc �.��,``f,t
<br />'? �v w�ntten n�cmrnt hetueen Bnrn�a�er and l.ender or:�{+plicable lai�• . ;E,�,
<br /> i; in,urance cndti in:sc4�s►rdapG�C id►a:►y a�e �
<br /> 9.la4pecte�[t. l.�dur�,r it+agent m�y make r.sKmable rntrie.up�m and in.p�x�tioa�af�hc Pruperty. l.c�nder�twlf gi�e .,�.�1 ; ,.
<br /> " � Borrower nuti��at r.ltc ti�t�uf or priur to an in�pc�ctiun.perJ}�ing r�wnabl�c.�u.e far the in+pec�wn. . .�.�Y, ' .
<br /> '- ---- - 10. Cortd�t�t'rrtiEii7t�..7'he pmceCd�of any :s��:srd ar claim fut dam'sge+, dtre�-t ar a,roeyucnti;tl. in �timn�wtion +vith :utiy , l��.-�--•.. _
<br /> y�� ` condenuiatiun or vchc�taking uf:uiy part��i thc Pmpercy.��r fur cum•eyan�-� in lieu uf cundemnatiun. are h��tw :ri+i�na1:�d �;�- ., .
<br /> ;4 .c.
<br /> � shall be paid ta l..�dcr.: •��f'. �
<br /> _` j In the�went uf c�r:�ral t:ilcing of the Propert��.thr ProrL'�'d'+h:�ll be apP�ied w thr.um.>>�tiumtii by thi,Sc�uri*.y In.+tcument. , n`
<br /> �=�_ -? �vhether or mit iRett due, with any ezceas paid to Barmwe�. In the e�ent of;�partial t:ilcing nf the Propert) in«•hich the fair ;�,� `
<br /> � .i market�alue of thc E�tvpert}• immeAiately befure the taking is eyual to or�ceater than the amount iif the auma+ecured By this .�:k-: ��'�.-`-
<br /> =�: ,s Security[n.�inuttent ;R��tcly bef.�re the talcing.unles.Bi�rro��er and Ixnder othenri�e sgree in writing.tfie sums.ecvred by :,�.`. ` ,.
<br /> this Seeurity In�n.trtent shall he reduced by the amo�nt ��f[he proceeds muttiplic�t by the following fraction: la) the tatal '�._, , ` ,�;f.
<br />.�� . _..a amaunt of dte swnn:�ecured �mmed�ately before the taking. dividul by tb)the fair m�ket valae of the Propett} immediately .:,r< .
<br /> ��� before the taking. Any b���e shall be paid to Born�wer. In the evene of a partial tal:ing of the Pro�rty in which the fair ;, ;,��� '
<br /> ��: -." marlcei c;ilue of�i�:Prc�pert?'immediately before the tatci�� is le�s than the�+mount of the su�a+�e�v�immediately t+�fi�r�[he } �;;5�� _•� %
<br /> �;- I�cabtr ta�v atherwi�provides. the proceedti,Irall ,. ..,r ':
<br /> �'_ .:.�� taking•untess 8+3rmwer and Lender otherwi+e agree in wtiting or unless app� ,: ,,i. � .
<br /> ' be a p p l i e d t o t h.u m i m a s e�v r e d b y t h i s Securit y Insuument vrfiether or not the sums are then ue.
<br /> �. ✓:.f.... .
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<br />'; " �i If thC p�L,petiy' is abandaned by Borrower,or if,after noiice by I.ender to Borrow•er t h at t he co n d e n►n a r o ff e r s t n n w k e a n t �::,.d4�'.�;�,:
<br /> '� award or setttc a claim foF damages. Borrower fails to respond to l.ender within 30 days after the date the notice �s given. s'� ,_�,�,ti;; ,._.
<br /> y F p y {:.. _:..,'(t::._.....
<br /> � Lender is auth�seTCed[o collect and aFp�Y the Proceeds•���-'option.either to restoration or repair of the Pm e r c'�T LD lI1C�UIR.1 �' '`��(,' _ _ ^_
<br /> ��: ' secured by ehis Sexvrit}Inswment,whether or not then due. �ICation of rocceds to principal shall nnt eatend or `�i '"pY ` '
<br /> _+�` Unless U:nder and Barrower otfienvi+e agree in writing. any app� P '��`�'�
<br /> .,, .r3.
<br />`-"�;;` postponc the due date of the monthly payments refeaed to in parar°raPlis 1 and 2 or change the amount af sucfi payments. t��;;''�.�� -`.� , :-
<br /> �6�•.� ... 1 1.B a rn►�e i'�t o t R e t e a s e d:Farbearaace By I.ende�'tiOt a���r. Fa�ten+ion of the time for payment ur mndification �,yt.rt<..t ��:�
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<br /> vy:,.,, of:unotti?atiatt of the sums secured by this Securiry Instrument granted by Lender to any saccessor in interest o f B urrawer s h u l l ,Y
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<br /> not operate ta•retea+e the liability of the origina!Borrawer or Borrowei s succ�sors in interest. Lender�hall nat be required to �,�+ .. -�; ;. ,_
<br /> _z�*"..��.`' .• rnmmence prc�ceedings againsc anY suae5sor in intere.st or refuse to extend time far payment or otherwise madify amortizauon ii�i};,:'�,. .,`;.`:��'.
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<br />-` ��� � ` � af thc sumr.secured by this Security Irisuument by mason of any demand made by the original Borrower or Borrower's ,�``,. ; :
<br /> �,�; � t or remedy sha11 not be a waiver af or preclude the ; r.?y
<br /> �{ ., � suc�cessorfl'sn interest_ Any farbearar►ce bc L.ender in exercising acty n¢i � �a:.;:
<br /> ''�,��� . ` ... ,
<br /> ezercise of nn;�.right or remedy. ' f;�,� . . .. ,,`-'
<br /> = lY, S�coessors and � ��d+�oint and Several Liability; Co-signe�s• The covenants and agmxments of this , �;t; : . �:', ;;-,;
<br /> ` � gecvtity Inurunent shall bind and 6eneGt the wccessars and a�.yigas of l.ender and Borrower, subject to tho provisions of �1, �,; .. ��'
<br /> ''',` -- paragraph 17; B�onower s covenanu and agreements shall be joint and several. Any Borrower who ca-si�ns this Sea�rity �����ti�,: ..s s:,,;�i
<br /> -,;:= nt and conv thut �t�:
<br /> ! ' In.strument but:iues not execute the Nate: la> is casigning this Security Instrument only to mortgage, gra eY ;•i�ri�:
<br /> ���'`.. Bonow,;r's interest in the Preperty under the terms of this Security��trument:(b)is not personally obligated tu pay tho sums � .., . �;.,�,,;
<br /> ; � . ,s;.';, . � . .•
<br /> '' `� % secured by[his Securiry ln.�nument:and Icl agrees that Lender and aa��c:f�er Borrower may agree to extend,madify,forbear or , . :.Jr
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<br /> �:�;:�.;`r•rs:. k�;�z• ..S ��':
<br />,.,_.,;. ,;�.. make an,e uoc+nmmodations with regard to the terms of this Sccurity Instnment ar dte l�ote without that Borrower's conaent. {s:`=--==.-`:'_•
<br /> � � :,,��., ��, I,,�pr,Charges, If the laan secured by this Security Instrum�t is tiubject ua a law which seu ma�cimum loun charg�s. ti� `� _
<br /> ;'• � �� %�;>. and chttt law iy finally interpreted so that the interest or other laan��i�:irges colieeted ar to be coltetted in eonnection with the . :�._-
<br />°° � `:':�:��� topn e�ceod thu permitted limits,then:lal y"!� such loan charge shal[�e reduced by the amuunt rECessary to re�uce the charge e. , ,�;'i:;:.
<br /> __ :,,.,..
<br /> . to�tho pennitedd limit:and (b)any sums atready colle►xc�i from Bormwer whicfi exceeded peTCrr¢�limits will be refunded to J;• , +.�;�,�
<br /> � Burr.4u�;r. L�:nder may chaose to make this refund 1�; ceducing the principal owed under the Note or by making a direct ,, •
<br /> paymcnt eo•�8unower. If a refund reduces principai. the redu�i�.h will be treated ac a pa.rtial prepaymec�¢ without anY y`e';%, : ,.•'��•..;
<br /> r,��;; . •.
<br /> :,' • P�PnYm�c�ge under the Nate. :' � , �; �',.:'"•;,
<br /> ���., ld�Nad�s.Any notice ta Bormwer provided far in this Securit}� :nstrument shall be gi��n L-�delivering it or by maiiir.� ;s , :;�;`;�4t�•..
<br /> � � et by first cla=_s mail unless.=�plirsble law requires use of another method. The notice sha11 tre din�sed to tha Property Address , �
<br /> ��"`�;� . or any other address Borrower designates by notice to Lender. Any notice to Lender shall be given by first cluss mail to ;r,,�;., ..
<br /> ''y"�'" � . L.a�tdei s addross stat e d hercin or any o t hc r a d d r e s s L e n d e r d e s i g n a t es b y notice a�Borrower. Any nntice pmvided far in�his �'`� �.
<br /> _�;.,,,�,�,. . .. ,
<br /> •�;'_..�; . • Secuety insttument shall bc deemed to have 6een given ta Barrower ar Lender when given as pm•:ided in this paragraph• ?I . _
<br /> . �?�`�'��� 15.Governln� Law; Severability. This Security Instrument shall be govemed by fv.',�ra� �aw and thc la�v of the I
<br /> _:=;.i. � : jurisdiction in whleh the Property is locatr,d. ln the event that any pmvision ar clause of this Security Inxtrun�ent or the Note ,- .
<br /> - , conflicts with uppliCabte law,+u�COrov�itii nalTothi�.f�r�fttte pPov sions of tt�is Security Instrumenttundt h�No c he decla� '! "
<br /> - given eifect without the conflictmg p , ,
<br />�i,�;,: . � to be severable.
<br />`-':-;; 16.gortnner's Copy.Borrower shalt he given ane confarmai u�py of the Note and of this Securiry Instrument.
<br /> • form 8028 a;SA
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