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<br /> � �e thn option of I.ender, it mart;��e ineur�nco covonYo (in the amount and tor �Z.he �oi'fc�d th�t l.,ortdor requiree)
<br /> provi8ed by m inauror Rppraved by I.end�r��sin beecomes av�ilsble and ie obuinai. Borrnwer stull p�y the premiucne�
<br /> required to meintnin mortra�e in9urenc� in cttxt, or to provida a loes rescrve, uatil the requiroment tor m�rted�e -
<br /> ineuranca ends in�cwrdance with�ny written R�reement between Borrowar�nd Lender or�pplic�ble law.
<br /> 9. Ia�pection.Lender or ita��ent m�y crtoka reuanablo cntrics upon end inepxtions�at the Property.Land�r ehsll• _
<br /> �ive Barrower aotice�t the timo ot or prior to an inapxtion specityin�r�asocuble cavae far the inspection.
<br /> iG.Cc,udo.;,�.:t��.a.The proce�oi an; ew�rel nr claim far damiAOS,dicect or consequentid,in cannoction rvith _
<br /> any condemn�tion ar other tekin�of any put ot the Property, or tor cunvoy�nce in liou ot condcmn�tion,aro herooy
<br /> tssigned tnd ehall bo paid to Lendcr.
<br /> In the event oi a tottl ukin�of the Property, thn procoads ehpll ba �pplied to tho eums exured by thie Security _
<br /> Instrument,wheth�r or not than due. with any exceas paid to Aorrower.Ia tho ovet►t at�partial takin�of the Property ia
<br /> which tho fair merket value of the Property immediately before the taking is equ�l tU or�reater thtn the amount of tha
<br /> sume socured by this Security Inetrument immediatoly bofore tho taking,unloss Borrower and I..ond.er othcrwiec��ceo
<br /> in writine, the sums eocured by this Security Instrumont ehall bn reduced by tho emount of the procoedia multiplied by
<br /> tha tolloNing fraction: (a)the totel amount of the sume secured immedi�tely b�fore tAe taking,divided by(b)the fur
<br /> market valuo of the Property immodietely 6eforo the teking.Any baltnce shall be p�id to Borrower.In the event uf�
<br /> p�rtial Ul�ing oi the Property in whioli tha teir market value of the Property immediatoly botnre the taking ie lese than
<br /> the�mouat of the sums secural imrnodiauly before the takin�,unlc�e Borrower�nd Leadar otherwise agree in writi�n�
<br /> �. or unless applic�ble law otharwiso provid�� the proceeds ehall he w�lied to tha sums securod by thie Security
<br /> � Insuument whether or not the sums an thea duo.
<br /> If the Property ie abandoned by IiorroNer,or it,after natice by Lander to BoreoNer that the condemaor ofters to
<br /> maka �n�wu'd or settle a claim for damt�es, Rortow�r ituls to respond to I.ender Nithin 30 days dter the date the
<br /> notice ia given,Leader is�nathorized to collect and apply tho proceeds,�t ite option,either to restoration nr raptir of the
<br /> prop�rty or to tho aums sxured by tinie Socurisy 6,atru,i�ent,wh�tha;or not then due.
<br /> Unless Lend�r utd Bonowec otherwise agree in writing,eny application of ptoceeds w prinaipd ehall not oxteaci or
<br /> postpcme the duo date of tho monthly p�yments nierred to in paner+phe 1 and 2 or change the amount of such
<br /> paymente.
<br /> 1 l.Borrowor Not Releaeed; Forbe�rance By Lendor Not �Waiver. Ertension of the time for psymeat or
<br /> - mocliiiqtion oi�mortiz�tion oi tbo eume aa:urou oy tuie�.�-urit3' I�tnm�ni�sn�w! b;T,�.,�1��any succe�esor in
<br /> rinteerst of Horrower ahall not operate to role� the liability of the ori�inal BorroWer or Borrower's eucceeeors in
<br /> � interest.Londer shal not bo requirod to commence proceedings ag�inst�ny succeeeoc in interest or refuee to ertead
<br /> i time fot payment or otherwieo modify amortiution ot'tha sums secured by thie Securitf Imstrument by reason ot�u►y
<br /> •....s...w....«...,..1..+T..n.iwr in �rwrrmiioinv
<br /> ,�` demand mede by the origi.nel isoctower or norrower'c�auu;c�.,�r, iu�u:.�cw..�,�,, •.....-,...»-.-_ _, _-..--- -- „
<br /> ;; eny ri�ht or remedy ehsll�ot bo e wsiver of or preclude the eYercise ot nny right or remedy.
<br /> ,� 11.Succesaora and Asai�ae Bound;Joint �nd Several Liabtlity; Co-si�ners.The covenante and a�rxmeats
<br /> oi thie S�curity Inatrum�nt shall bind and bene{it tha succea�ors and sseigne of Leader and Bocrower� s�bject w the
<br /> -' provisiona of parag�aph 17.Borrowor'e covennnts and agreemonts ahdl bo joint and several.Any Horrower who co'si�ne
<br /> thie Security Instcument but das not eYxute the Note; (a) ia ccrsigning thie Securitq Instrument only to martQaQe,
<br /> grant end convey that Borrowa's intaroet in the P.roperty uuder th� terme of thie Securitp Intrtttument; (b) ie aot
<br /> % persotully obli�nted to pay the sums secuted by this Security Instrument;and (c)�gras that Lender and eny other
<br /> _ Borroeer may�gcee to eYtend,modify,torb�ar or make any accommodations with reg�rd to tho torme of this Securitp
<br /> Is�strum�nt ar th�Note without that Borrower'e consent.
<br /> 13. Lo�a Ch�r�ee. If the loan eacured by thia Socurity Inetrument is aubjxt to s law which eete maximum lo�n
<br /> chergw, and ttut l�w ie finally intorpretod eo tl�at tho interest or other loAn chargos collxted or to be collocted ia
<br /> connection with the loen ezceed the permitted limits,thon: (a) any such loan charge shell be reduced by the smount
<br /> ', nece�r9 to reduce the chnrge to the permitted limit; and (b) any sume already collxtod from Botro�ver Mhtah ;
<br /> exceeded permitted limits will bt retunded to Borrower. Lender msy choose to mske thie refund by reducia� tho
<br /> , principl owed under the Note or by msking a dirxt peyment to Borrower.If n rofund reduces prncipal,the reductioa
<br /> . will be trexted as a partial prapayment without eny prepaymcat char�e under the Noto.
<br /> �4. Notic�s.Any notico to Borro�uer provided for in this Sxurity Iastrument el►sll be Qiven by deliverin�it or by
<br />__ � mailin�it bp firet class mul ualoss eppliciblo law requices uso of another method.The notice ehall be dirxted to the
<br />= Propetty Address or any other eddracs Borrow�r designates by notice to Lender.Any aotico to Lender etull be givea by
<br /> first cl�ss msiT to Lender's address stated herein or any oth�r address Lender desiynatea by notice to Borrowor• Any
<br /> notico provided for ia this Security Instrument shell be deomed to heve boen given to Borrower or Leader when eiven
<br /> es provided in this paregraph.
<br /> 1S. Governia� Ltw;5everstility.Thie Security Inatrumontehall bo govemed by federel lew aad the lsw of the
<br />-= , jurisdiction in which the Property is located. In the event thst aay provisiQn or clnuso of thie Sa:urity Instrumeat or the
<br /> Note conflicte with applicable law. such confliot shell not etfect other provisions of this Security Inatrument or the Note
<br /> � � which cen be given effxt without tho conflictiag proviaic,n.To thie end tho provisions of thie Security Inatrumens and
<br /> the Note are dxlared to be xvereble.
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