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<br /> .. .. � e o ' a�of i.ender,if mortga e�nsu�anc�coverage(in ihe siuonat ax►d for the�Seriod . :
<br /> <''`,'•.� PaYa�tts maY uo tongsr 6e�ued,.at th pho $
<br /> � �.<+,:• `' � that I.ender r�luire.$)Provid�by aa insuret appmved by Lender a�a b�available and is abfi�ined.8orro for tmort�e
<br /> � t h e p s e i n iums i e g u i r�d to maintain martgage iusuranoe in effect.or to pmvide a lass resenre, 'uatil It6e r���u'�r?.m�� � —
<br /> insu�aace ends in asaardance with any written agreemens between Bormwer and L�eader or app' Lender shall give
<br /> ' :,��- �`��l � 9.Iaspection.l.ende:or ifs agent may��age reawaabte entne9 apon and ins�tions of r1�e Pcoperty. —
<br /> �`� Bormwer notioa ut the time af or prior to an.fns�xian sPuifyin&reasonable c�se for the inspertian.
<br /> fi . ` .: . .� 10.Coademnffiton. 79�e pmcerds of any award os claim for dumages.direct or wnsequeatlai, in connection with aaY .
<br /> ma
<br /> .;�':���� cbademaation ar�other taking af any pait of the Property.or for conveyance in lieu of wndemnat�on,are hett�by assigned aad -_
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<br /> '= Shall i�e pacd�D L.eud�f. • . `
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<br /> ° ��,;: :'° -�, In ttie event of a total talcing of the Ymperty.t6e pmceeds shalii be applied to the sums secared by this Security Insmiment, _
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<br /> y` ' .'- . = s�rhet6er or not then due, witb any excess_paid to Borrower.Ia the event of a partial taicing of the Progzrty in which the fair
<br />' '� wasket vatue of tfle Property imme�ately befoze the taicing is.ecNai w or gmater than the amount of tlze sums saenrad by th4s .
<br /> �._.y;�
<br /> ' _ _ Securiry Instrament�nnediatety 6efnre the taksng,unless Barmwer aad L ender oWer�se agree in wriaag,the sums seaued b�F
<br /> � '-:';`�� this S�arity �t shall be reduced lry the amount of the pruoeeds mnitipllai by the foltawing fractlon:'(a)the tntal ,
<br /> ,Y'•�`'�;- amoutit of the smns secured imntediately 6efore the taking,divided b7+(b)dte fa9r maricei value of tke Praperty imm�diatety _
<br /> �..:�:•:.`::
<br /> . "•�,:. before the taking. AnY batance shaU be paid to Botrower. In the event of a.partial taking uf the Pmpert}►in whic6 the fais
<br /> :,;,,{.�..,'.:
<br /> � `:. marluet value of the Pm�perty i�i�ety�before the taldng is less thaa the�mo�mt of the sums secured immed'iateiy before the
<br /> _ .-;^.��_ ta$ing, nn�ess Eorrqwer aad.L.eader atherwise agr�e in writiug or untess applic�bie laa+otkerwise Pmvides,die pmaeeds sbail
<br /> •:�.�:••'•A��.• he appl�ed ta the svms sesu�by tUis Security Insuume�whether or not�the sums a�iben dite. -:
<br /> ''� •If We Pto �s a6andois�t.i,j,Bonower,or if.a8er nat'sce Iry I,ender to Borrawer that the condemaor offeis to a�aSce aa
<br /> -�'�`F�;';' �; � p�. to ond to Lender arithin 30 days a8er tfie date the notire is given,
<br /> ..��` ;` ��.: award or s�tie a ciaim for cfi�.�:;�orrower f� �P..
<br /> Leader is author�rred,ta ieo4led�a�'d a�Ply the F��ds;at its apdnn,either to restoration or repair of tke Prape�y os to th�s�nos
<br /> � ��'� ,� � , '• s�by this S�i,ti`�.h, �•np++�,whether or:�+t then dne.
<br /> '�v � licatioi►of rooeeds to rinc� sball woi extend or
<br /> , .�, , ,.;�.... Unte�I.e�ea.aiid Bomnwer otherarise agree in writ�g. �Y aPP P P .
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<br /> .:' ,� _ ° ` postpane the dne date of the muntHIY PaY�nu referred to ua�agraphs 1 aad 2 or ch�age the amount o such payments.
<br /> �i�:' °�` '.; , , il.Borrawa�Not Released;FarbRa��By Lcud�r�1iot a�W�iver.F.xtension of the time for paymenf or awdi�ralian .
<br /> ••:��,� � :.:�•. .
<br /> ' •.,�,��.�� . .. of amort'vation of the svms secumd by this Se�arlty'Tnstrument g�anted by Lender to anY suscessor iQ interest of Sosmwer shaII
<br /> _- " '-; not opetate fo.iclease the Tiab�7ity of the origir�3,�i3nsraw�r or Boirowec's successora in im�rest.Lender sbait n4t 6e required tq.;,.��. ;
<br /> ` `''' �,� saccessor an interest or re€ose to extend time for payment or otheswise modify amoiar�tiou �
<br /> ...`.,�:...,:,;:��. ; . aoum�ence praceedings aSainst anY
<br /> '�'t: �;: of th8 sua�s secured by this SeaAity Instr�mau bq reayon of any�demand-maQe by tYie original Borrower or Borrowet's ..
<br /> `'' y��o��m�.pny fo�sae hy Lender in exeac�sinP ariy rig6t or temedy sha11 not be a�waivei of or�ciade the •
<br /> : , � . exencise of arry dght or remedy. . . � `.`�'``'' .. ' � • . • ,'� ' ,
<br /> � - �_ - �... . . - •. .
<br /> 12.Sa�xs.and A�b'�.�o���►�t�and 3eeaal Liabillty,Co-sig,�ters.The wveaants and agrce�euts of tiiis �
<br /> •.. ' .''" ���,/ Security InstNme�i�s3iall bind antl�enefit the saccessors and assigns of Ls�der and Borrower, sub,��t:_W�'�?Avisions of
<br /> � �;��� ,,-;,_�� paragraph t7. Boiioti�er's cove�is and'agr+eements shall be joint�d several. Any Boraower who ca-si�,;�s Secprit3+.
<br /> ,•.:'��;`�%;';� eni oal to mort a e aa�!•�nvey t4at
<br /> ��`A 7 .. :....i. . ,
<br /> , ,#. insuument but dnes not execttS�:i3�Note: (a}is co-sigaing slris Security�a4tram Y & � •
<br /> � , ° $�rroyy¢Ps intece�t.ia_the prop�`under the ter�ns of ttds Statrity Insmmaent;(b)is aot pe�sottally obligaDed to pay the surns
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<br /> ,. , .. .�� ., secured by tLis Scct�sity Instnunent;and(c)agrees t6at Lender and arry other Botrower may:agree to emend.madti�►,forbear or
<br /> .: .��;�..�.' �.j: make aay.acwmmodatians with regard to tlae v�ns of this Securlty Insuument or the Note without that Horrawer's oonsent. � .
<br /> ,�:�� : 13.Iaan Ctiar��� 1f t�(oan secored�y'this Security Insttument�is subject to a law which sets maximum loan charges, .
<br /> �t�'�$��'•. ' :"=; anQ t�6 law is finally intetpmt�et sa�el�a�.ihe interesR or other loan charges collected or to be collected in connecaon with the '
<br />'�i�;.� .f;;.••�.�
<br />:•-v,.,�• -. c' Ioan e��d the permiued l�:t�en: (a)anv sach loan charge shalt be reduoe�by the amount aeces.gmy to reduce the ct�arge
<br />~?;`3,�'i�:"�� ' to the pem�itted liant:and(b)any s�rts a1c�r:soUec�from Borrower which eaceeded permitted limits wiU be tefunded'to
<br />-'�`�;`,�r,�-. ':�-;;�•�� " Bumawer. �adec.,ar,ay choose to make ihis•a�nd�by reduc�ng the principal.owed under the Note or by �aldng a.direct .
<br />�:<.a;i!�>>;'� � • p P��t wi�out
<br />,.;±i;4�n?sr�:�:�� ��� Paympoi �o Borra�i'er. If s nefuad reduces principal, t�;t�uction wili be treatcd as a artial .enY
<br /> '`�„:�i,1�ir, � . ' prepaym�m charge under the Note. . _
<br />> ,,a;,,,,,_ �: �
<br />_ :�::�'. '' � 14.Nottces.A�y aorice to Boriuwer provided for in'tfns Sec�ulty Instrumem sha11 be given by delivering it bx?;rg mailiag
<br /> . - � it by first class a�f�mnlesy applicable Iaw reqaires vse of another�method.'i7ie noti�shali 6e direcc�d w the Praperty Address
<br /> -" ��,'��'`� ,�•`s�' or an}►ather address Borrower designates�.�'�iodce to Lender. Any notice to l.ender shall be given by first class mail to
<br /> =:.'..,;,. � ; :;.. L,ender's address stated herein or any other z��lfess I.ender desigaates by notice to Borrower. Any notice pxovIded far in tivs
<br /> `�':�;�,. :'.� , :,;; Secu=ity Insttument shall.6e d�to Imve been given w Bnrrower or LeAder when given as ptovided in this paragraph.
<br /> '.'���"�'•�. •c� ;_• aS.Goveaaing I.�w; Se�mtiability. 'f'his Security Instn�ment shall be govemed by federal law and the':.�aw ofthe
<br /> jurisdiction'in whic6 the Property is loca2od.In the event tfiat any ptoviuioa os ciause of this 5ecurlty,lnstrumeat ni tha 1Vote •
<br /> .. �..,:} , � , conflicts with applicable law.such wnf�ica�1 not affect other provisions of this Seauity Insu'aoa�"tv or the Note which san be
<br /> :,.,..A;' `', ..:::,„ given effect without the wntlic�in�pmvisi�a:To this end the provisfons'of this Security Ynsuume�aiid the Note are declared . .
<br /> r�t.,.:. ; W be severable. :
<br /> �c �.i6.Borrower's Copy.S��zower shall be given one conformed copy af the Note�.a3 of this Seruriry insuument• '•
<br /> �ti';rr' � .,'• . Form�G28 8f30
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