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<br /> t .� paymeats m,ay no longer be requi�red.at the option af Lender,if mortga�e insurance coverdge tin tde amount and for t�e od .�
<br /> :���< t h a s L a e a d�r r z c l u�c e s)p m v i d e d b y s u in�vrer a p Pmved�by Lender again bewmes availabte end is abtained.Bo{mwer eGaali pay �,
<br /> ;..,. � 4 t�e teqaired w,maintain mortgage Ias�u�ce m effec�.or to prov�de a tossses�rve.u n t i l t he r e q n�r e�z n t fo r r n�rt g a g e =�_'
<br /> Q,`�c '. �
<br /> ` insu�e�nds in acootdance with any writter►egteeina►t between Hor�ower urtd I.eador or upptiqbte taw.
<br /> . InspedEon.t.ender or eta egent may ma�reasonabte eatries uQon aad inspections of the ProPertY-Lender shal!g[ve �`.�?
<br /> .�;� 9. ��
<br /> ' � ' Burcotver notice at the time of ar prior to an inspedion specifying�s+sonaAte cause for the inspe�xion. _ _
<br /> . ��,t, -
<br /> 10.CaadzmaaHon.'the pmceeds of any award or claim for damages.dirxct or eonsequential, in wnnectIan with�ay �__
<br /> -. :,: ' �� co n de m n a t i o n o r.o t h e r t a 2 d n g af an y p a rt af the Fmperty.ar for comeyanre i n l i e u o f c a n d c�n n a t l o n.e r e t c e r e b y.assi g n e d and �-
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<br /> t.:�`.' . —.-
<br /> . . s3�a11 be p a i d w L e a d e r• ' �- :
<br /> .In the event of a totai taking of the Propeny.the pmceeds shali be applied ta the sums secured by this Security Inswme�st. --.r
<br /> . .;„��''` whetAer or not then due.with�ry a�+�e.ss Paid to Borrowcr. M tt�cveni of a partial takin8 of the Pmpen7►�n w6ic6 the feir =_
<br /> • m a r k e t v a t u e o f t h e P r u p e z t y i a m�e d l a t el y before the takiu g is�al to or greater than the atnoun3 of the sums securc�d bY this --
<br /> mi
<br /> � SecuritY insuame°t immediately before the taldng.untess Borrower aad I�aQer athenvise agree in wri�n g,t h e s a m s s e c u r e d b y �
<br /> .. ., ' this Secunty Insuumeat shall be reduoed by the amouni oF the pmceeds multiplied 6y the toQowing fraction: (a)the wtal �
<br /> � ��'°�"�•� • before the takiag. divided by(b)the fair mar�et value of the Praperty imu�ediatetY
<br /> ,;>:f•.-,-: .�..'.;':.. �amoant of the sums secvred imme�iatetY ta which t6e fair _
<br /> f:;:: . befo�tbe ta�ing. AnY baiance shaU be paid to Bo�r�swer. In the event of a partiaJ mking of the Ptoperty '
<br /> ;;`,.' :, ' � '�-' w�m before the taking is tess t6an the amount of the swm�s secvzed imar�taLeIy before the
<br /> . -y . markc�va�ue of if�.P�operiY� �
<br /> '� `�`�'��` ; taking.anless Eorrawer and I.eader ot�e�rise agcee in writing or aatess�ca61e law oWerwise provides,the procceds shali
<br />_.� �_ , be applied w the sa�s secured by this 3eauity Insuuauent whether or aot the sums are then due.
<br /> 'x'`�[,'!`�`�r'�~" ss a6andoned 6y Bomower,or ifr,after�tottce by Ixnder to Borrower that the ooad�tnnr offers w mAYce en
<br /> °`.`y. If the Praperty.
<br />;,�: � ; `.;;�, aaard or sett3e a cTaiu►-far damages, Borrower fails tu respoad to I.ender arithin 30 days c�fter the date the no�tece�Y�
<br />_ ., � ' Lender is authorl�w col[e+x aad appIy thc jsmoeeds.at its op�oa,either w t�estorat�on or regair of the Pmgerty
<br /> .;t,. . r� ,
<br /> . . '.. `" ;'°.�. s�by this Seauity Insuume�,wfiethet or aot then dae. .
<br /> y •• :'' :.� IInless Leader and Borrower othern+ise agree in aritiag, anY aPPlicadon of proceeds w priacipal shall not extead ur
<br /> ,'�'. .'< .; 4 �efemed to in hs 1 aad 2 or change the amount of sach payments.
<br /> ....__:::.�:�.:,4- postpone the dae date of the montWY PaY� ��
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<br /> 11.Bormwec Nat Released;Forhea�an¢c By I.ender Nnt a Waives.Excension af the�e for paymeat or madifccadon
<br /> ' , � -� ed b Lender to any successor in inierest of�ormwer shall
<br /> � ;��: . :'"�:Y.;' • of aaw�on of the s�uns s�bY this Seauity Insunmeru g�nt Y �
<br /> � � � not aperate to r�lease the tia6�ity of We origiaat Borrower or Borrower's successois in inse�t.Lender sh�l not be requ�w
<br /> ` ::,�'��;': . 'commence pmc�n8s against anY successor ia urterest or refuse w extend time for payment or othezarise mndify amo:ti7ation
<br /> � of the sums sea�red by tius Sea�rity rnstrumeat by teasan of aay.demand made by,�o�Botraw� or Bomawer's
<br /> ,'`j:''s.: �r�in interest.Any forbearanse by I.ender in exeicising any right or temedy shall not be a waiver of or piecIude the
<br /> �,.w . , .
<br /> � , ' exetcise of any right or r�dy � ' Tlte covenants and ag�ents of this
<br /> : ;_ . .,^-`� it.Suocessois au�1�Baund;Joint aad Severat LIa63iity:Co-slguers. .
<br /> ' ' �,3 Sec+uity insmimeat F ". biad aad beaefit the successors and asslgas of Lender and Hanv�er.subject w the provis�ons of
<br />' '�` .; • : paragrap�.17. Bomaw�'s'wvena�,s'.and agceeme°ts shall be joint and several. Any�Scrz�wer who co-signs Wis S�tuity
<br /> ' . r Sewri Inssrume Y rtgage aad conv ahat
<br /> ' .� Instrument but daes�ai eaecute tha I+'ate:(a)is co-signing this ty nt on1 to mo ,� BY --
<br /> '.�; .._ . �:�.�ns»a�►nalty abli�ed tu PaY the sums
<br /> . • !/:,` � Borrower's interest�t?r Propeictp�dcr ttte tecros of tbis�::.�.�.."'"�:�. • w exteiid.modify.focbear or —
<br /> �� ,�: secured by this Se�uriry Insuwneut:a�t�)a8m�s���er and a�►y+other Borrower raap ag�ce
<br /> F• make arry accommodations with t+�'�+d to the teims of this Seauit3+Insdvme°t or the Notx v�ehaut that Borttywer's conse�}t.
<br /> � 13.Loan Cttarges.If the loan secured by this SecvritY Insuument is subject to a Iaw wbich sets max�m loau eiiar�es,
<br /> . • . I` .�` and that law is 6nally interpreted so that the irrterest or other loan charges collerted or to be coltected in coauecx�on wlth the
<br /> � _~;�., ., toan exoeed the pemutted limits,then: (a)arry such loan char$e sLall be iedaced 6y t�►e.amount aecessacY w ceduce the charge
<br /> � ;:.;Y to the pemuued liwl�and N)�►Y�alseady wUerted from Borrower which excceded permiued limits will tse refunded to
<br /> ' '.;�;. Borrower. f.ender may+ choose to make chis refund by reducing the principa! owed undeF the Note or by makiag a duect
<br /> the reQudion will be u�eated as a partial prepayment withont an►Y
<br /> . �:.,,.� payatent W Borrower. If a re.fund neduces principal. . ,
<br /> - "t`. � PrepaYme�cT�atBe undes the Ncste. ' � .
<br /> - ��..;;E��- 14.Notfces.Any nat'sce to Eorrower providsd for in this SECUrity Inst�ument shail tie given by Qelivedng it or by mailtng
<br /> �`. ,��. it by 6rst class maii w�less,appticabte taw requires use of another metiiod.'I'&a�otice shall be dire�ted w the PcoPertY Add:ess
<br /> . ` . os any other address Borrower desigaates by notice to L,ender. Any notice to Lender shall be given.'by &st class'mail to -
<br /> . - "� , Lender's address stated herein or any other address Lender designates by notice w Borrower. Any.notice provided for in this
<br /> — g�urity Insuusttent shail be deetned to!}ave been g��en to 8orrower or Lemler whea givea as ptovided�a this FaraS�Pb•
<br /> t � `:c�fr.. 1S.Goveratng 1.aw; Seoereb11�t9. 'fh�s Security Instrument shaU be govemed by federal law and the taw of the
<br /> `� =.n.... rovisi�on or clause of this Secariry�Instxame�rt�r the Note
<br /> , •� �:,.,,.;'? jurisdlctlon in which the Property is tocated. 1n th�event thzi airy p •
<br /> � '"�''� ' conflic�s with applicable law.such confltct shall not affect other provisions of this Secur�ty InsrNment or the Note wh£cb can 6e .
<br /> ...,+a>:��,.._:.
<br /> . ' .. , gl�eqy��-`,-ct a+ithout the conflicting provision.To 4his end the provisions of this Security Instrumem aad the Note are declareaD
<br /> . . . to tse�sw.�erable. of the Note and of this Sewriry Insuumen;.
<br /> �' , i5 Bort+owc�s Copy.Eoaower shall be given one conformed copy
<br /> � , . ;_�fi; � Form3028 5190 .
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