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<br /> of l.cndcr if n c inswencc cavcragr,(in thc emount and for 1tw peciod �_`-'
<br /> p�Ymcn�e may no{onger be roqulrod,at tho o�tion � �B88 =�_
<br /> • � th.*.�Lender requires)prov i d c d by en lnsurcr a(�prov e d b y L e n d e r a g a l n b e carnW avdluble anA is obtatnul.Borrowcr ahall p�Y the
<br /> ��� p[emiuma roquirod W rt►aintain mortga8� insurmce in eifecb or to provide i lc�ss re:xrve,until thc requirc+nr�st tor mortg�e �` � :
<br /> -„i"� c�t betwan Bocrowu csnd Lcnder or aQplicabk Iaw. `l
<br /> insuretxe ends in�dance with any writun agtecm �
<br /> �_.. .� 9.I�spettioa. I.endu or its Agent may maice reasonablo enMrs upan e�d inspecdons of 1he Properry. Lcndu shaU givc `...
<br /> - , � Borrowa noticca et tho dme of a prlor to an inspecdon spocifying rcasonable c�use tor the ir�specuon. ^
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<br /> . . � 10.Coude�nwtba. The{xocoeds of any awarJ or claim for damnges�dirxt or consoquendal, in wnnoction with any -
<br /> � condemnation a other taking of eny part of the PropeRy,or for conveyance in lieu of candemnation,are hereby assigned and
<br /> _' . � st�all bt paid to Lendu.
<br /> �v�;'•.'. a In tho ova�t of a wtal taku►g of the Propecty,tho prceads shall be applied co the sums socured by this Security Instrument,
<br /> whether a not then due,with any excess paid w Borrower.In the everit of a pa�tial wkin8 of the Projx�rty in which the fsfr medcet
<br /> ' �': i value of�he Pt+opcsty unmaliatelY befo�e the t�n8�s 04ua1 to or grcatcr tluN the amount of the siuns secured by Uus Sxiirity _
<br />�=�:''•'�`;• • .{ Inswment immediately befon the wking�unkss Borcowex and Lend�x othuwue agroe m wnUng, the sums securat by this
<br /> _.;�''•*;� Security Inst�urt�ent shall be roducod by the amount of the proceals mul6plied by ihe foUowing fracdon:(a)the tot�l amount of
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<br /> it►e sums sc�und immediaw.ly befort the teking. divided Dy(6) the fair market velua of the Propaty immediaecly before the `
<br />°:'?_'"` . � ��ing.p�y balanco st�all be paid W Borrower.In the event Qf a pacttal taking oF the Property in which the feir macicet value of the
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<br />';�.•'��:��' property immodiately beforo �he taking is kss than iha amoune of thc swns secured immodiat�ely before the taking. unkss
<br />:,_a;�.- "• Bortawer and Leadet othenvise egn;e in writing or unless�pGcable Iaw otile�wise provides�the proceeds shall be applled to the
<br />�;`��s� sums sxurod by this Soctuiry Instrument whethci or not the sums are then due. —
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<br /> It the property i�abandoned by Borrowcr,or if,after naicc by Lender b Barowea that the condemnor offers w malcc en
<br /> ��r��•� � award ar scuje a claim fa damagea.Borrowcr fails w resPond ta Lenckr watlwi 30 daya afur the date the notice is given.Lendu =
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<br /> �� is outbocized w colloct and apply the procouis,at its option�either tn c�s�on or repair of the Property o:to the sums sec _
<br /> w f�.
<br />:•.`!�'�.� by thi9 Socurity Insaument,whether or not�hen due.
<br /> '�-+:' Unkss I.ender and Bomnwu oUx�vise agroe in wridn8,enY ePPlicat�otpmce�s to grincipat stwll not eactend or Pos�
<br /> ,��::y�; t h�d i u o d a�e o f t h e m o n t h l Y p a y�+►t s n f a r o d t o i n P a r a B��h s 1 and 2 a change the amount of auch paymaits.
<br /> :: �M.�K rt�r u.�.Kl:Forbeuana Bv Lendz�Not a Waiver. 6zUCnsion of the pme fa payment or modificatlon
<br /> ��:.,.�,� of�nwctir�tion of the s�socurod by this Securlry Instrument granted b�► Lenda to any succcssor in int�aest oi�soimwa siuit
<br /> --=-:-=- not opera�,e to rekayo the liability of the aiginul Barowa a Bomowtir's suxessors in inux+est.Lenda shall not be roquired w
<br /> --��-` cammenee procadinBs�gainst enY sucoessor in�n►�st or refuse to ca�t�od �.x fa payment or othecwise modify amorti�eoion of
<br />_=,°"'"�:'�. tho sums xc�uod by this Socociry Insttum�nt by rea�on of any demand madeby the original Bocrowu or Bor[owu's successors
<br />--±�=�°!*+!�� in int�aast.My forbet�anca by L,c,ndu in exercising any right or remody stu�na be a waivcx of or preclude the exercise of eny
<br /> ��'=- right a remody. ts of this
<br /> ' 12.Srccs�eore aad As�n�Bound;J�t and Severnl LiabUky; Co-�Ye.'Tho covenents a�d a�a+t►a►
<br /> -�i Securiry Insuuma�t shall bind and be,nefit the succ:es.wrs and assigns of I,e�da and Borrowu, sub�ect to ihe provisions of
<br /> �— '• pragr�ph 17. Borrowa's covenants and agce,ements shall be joint end xve:al. My Barowa wtx� casigns this Securicy
<br /> Instcnma�t but does not ea�auu the Noto: (a) is co-signing this Security Insdrument anly W moctgaBo,Brant�d�the sums
<br /> ' BormMa's intaesi in lha PropucY unda the tams of this Sx�uity Instrum�nt;(b) is not pusonallY obu8aud PaY
<br /> secured by this Socurity Instrument;and(c)agnOes that L,end�t and any otlia Barowu may�roe to excend,modify.fabear or
<br /> ' make ony accommodatlons with ngard to ths terms of this Socurity Insaumentor the Note without tt►at Sorrowu's conser�t
<br /> — 13.La�n Char�es. If the loan secun:d by this Socuriry Instrument is subjoct to a law whkh sets maxlmum ban charges,
<br /> -_--- and th�t liw is Cu�ally intaprered so that the interest or oth�x loen charges colbcted or W be collected in coneection with the loan
<br /> euceed tho pamivad limits.tt�en:(a)any such loan charge shall ba reducod by the amount nccessary to rodnce tha charge to tt�e �
<br /> - -- pemdqod Wnit;and(b)any sums alceady collected from Boirowu which eatmded penr►ittallimits will be refundcd ta Burrower.
<br /> L,ender msy etaoso to make this refund by reducing the principal owa�l w►da the Note a by making a direct paymuu W
<br /> Sor�+ower.If a rofund reduces principal,the reducrion will be treated as a partial prepaYment without anY prepaYme+u charge
<br /> under tt�Note.
<br /> 14.Notices. Any notice to Borrowu providod for in this Sxurity Instmment shail bc given by dedivering it or by mailing it
<br /> ._.____.._- by firet class mail unkss applicable law requices use of anothu method."Ilienotice shall be dic�ected to�he Proputy Adciress or
<br /> _ _ any wt�r address Borrowu designaus by narice to Lender.Any notice uj Lenda shall be given by first class mail to Lenda's
<br /> ':.'.ars��: address statod hcrein a any oth�addcess Lender designates by notice�n Boaower. Any nodce provided for in this Securiry
<br /> ��°`�''��� Xnstrument sh�ll bo damed to hava Mxn given to Borrower or L,enda when given e.s providcd in this paragraph.
<br /> =�'•"��a,z ' 15.Governing Lnw;SeverabWty. 'Ihis Security Inswment shall bo govemeci by fcderal 1$w end the law of thc -
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<br /> _; .;�� ,��risdiction in whlch the Property is located•In the event ihat any provasion or clause of this Security Inswment a the Note =
<br /> conflicts with applicable law,such conflict shull not afiect othei provisiorns of this Security Instrument or the Note which can be �
<br /> � _� � given cffcct without the conflicting provision.To this cnd the provisions of ihis Sccurity Inswment and the Note arc dcclared co
<br /> _ . -. . be severablc. _
<br />. A-;�, Form 302� Y1p0 :
<br />''`�_na+r�'�'r-� �'dR(NE)lcx�z).o� Pap��of6 inwais� _
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