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<br />�.CCu� .�(F�r tAa�vrro. 98Q75I8 . � -�.
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<br /> �- - 8.11'�ort�ge l�stseas�. If Lender t�equired mottgage tnsur�se as a condidon of making the Ioaa�ed by . �-:
<br /> ' �- Securiry insttumem.BomowPr shaU p�►the�tgquited to maintaiii the mo�gage iusnrauce ia eff�t.If.for aay
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<br /> ` 'i: , �,�e��gage i�suraase oovemge reqni�ed hy L�nsier tapses or cesses w 6e m effect,8orrawec s'9a11 pay the
<br /> �, �';`-. . , valeat w the mortgage iasuraaoe Previcns2Y in effect,at a aost
<br /> " � .�:�s�� premiwms requlred to dbtain coverage subsaandalty eqni _
<br /> . sabst�aUY equival�tt W the oost ta Bomo�ver of the mort�g�e msurance pcevim�sly ia effect, f�om an sitemaie _
<br /> ''• ;;.�;`�� � 'vatent m e�ce coverage is not ava�abte, �
<br />.- - -. martgage insruer 2ppr�ve�d by Lendef. If substaatiallY eqw °rt�8 �n�����umbeing
<br /> - - • Boirower sHall pay taLeuder eash manth a sum equal to one-twelfth of tt�e yeady ase and retaia
<br /> :• :;�� , �,. Le�d
<br /> � � paid by Borrower when the insuranc�wvc7age lapsed or aeased to be in effect.l.ender wiU aco�t,
<br /> ��." these payments as a tass resezve in lien of martgage insuraace. Loss reserve paymenm maY�10�be reqviced,at
<br /> � the ogi�on of I.eader,if mflrtgage�coverage t�ti�e�aad far the per�od tkat l.end�r�qaiies)Provide� �._
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<br /> .`;°� :". - �: by aa insurer apam�ed by Leader agaia becomes ava�able aad is obtained.Boaower shall pay+the pr�mimms�4� �_':
<br /> ;�,`�` -r�'..�.�.; w mainrain m�xgage ias�uaace ia eff�ct.or ta provide a loss resenre,unt�7 the re�mrement fas mon$age insurance �
<br /> ., <:,, ettds ia aocord�ce wt[h aay aritt�n�ent 6etween Boimwer and Lender or appiicable taw. �_:..
<br /> , , . - 9 tnsp�lon. lender.or its ageat may�ake reasonable entrfes upoa aad inspearans of the Pruperty.Lender w:_
<br /> '� ,.. ..,;. shatl give Boaoweraotice at the time ofor g:Iar w aa inspection specifytag masonable canse for the iaspecafln. , , � ��
<br /> � S�,y, canse�►entiaj iu oonnecxion wiih � :
<br /> ` � . !8 Condemna�ton. The pmce0ds of aay award or cIatm fordam�a di�ect ar , ��
<br /> _ .:I<.�~�..'_:Y$ aAy condemnation or other taking of azry part of tl�Praperty.os fo=caaveyance ia lieu of condemnation,aze hezeby . � __
<br /> �":�. � -"� �� assigaed and shali be paid w Lender. -
<br /> � L�,-• .�,,:"' In the event of a wts�l taking of the Pcoperty,the proceeds shail b�appiied w the smms secuted 6y thia Seauity =
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<br /> ,.. Iasuunnent,whether ar aat then due.witt►anY exc�s�a�d w�oAOwer.bn the�at of a partial tak�g of the FroPertY
<br />, ::'�• .•(...�� in whirh the fair marloet valae of the F�oFertY immediately before the takiug ia egaal to ar greater tban t1�amonnt of
<br /> �° � :'= the snmv sec�ed bI►this Se�itY�s�u�me�t Im�nediately before the takiag.anles�Baaower aad L'ender mherwise .
<br /> ,` �. ' ' agree in arriting, ttte sams se�red 63►tbis SewritY Inst�ttment s�}be reduce�l bY tbe a�t of the pmceeds ,
<br /> '-`, � mut6plied by the following 5a�tian:ta�the tAtal amanat of tbe sams s�im�telY before the takmg,dlvided by
<br /> �..� • `. '��'';'.� � (6)the fair market vatne of the Prog�rty�mnediazeiy before the ta�dng.Ar►y balance sbaU be paid ta Boirower.ia the
<br /> '.:i..�.:�•.'-,...,*,;< eveut of a partjal taTdng of the Pcoperty m which the fair ma�tcet vaIue of the Property�1Y beTare the taking is , -
<br /> . �. °k:°;, tess t�aa the amouat of the sams seaued im�ediately before the ta�ing,ualess Borrawer and Lender ot8ernise agt�ee
<br /> in wridng or unless applicable taw otherwIse pmYides.ths Froceeda siaall be applied to the sums s�iry t�tis.
<br /> ` :''�� Seqn�itY Insuument a+hether or not the sums ate then due. ' .
<br /> `� . If the prapeity is abandoned hS►Borrawer,or if,aRer notice by Lender to Boirower that the candemnor offers to .
<br /> --_- -,..:=�-r-: make an awa�d os seule a ctaim for dann�es,Eormwer faits to�to Lender�vithin 30 days after the datc the . � -
<br /> .� norice is given,Lender is a�uhnri�ed to w1I�ct aad apply tlie proceeds;'at its optton.either ta restoration or t+ePair of
<br /> :�`��� tfie Fmperty or tv the soms s�by tDis Security Inst�ent,whether or not thea due.
<br /> ':..,`° ; . • Ualess LEndei aad Bor�o�rEt Othelwtse egtee in wridng,auY aPPlicatlon of pmc�ds to gr�tIgat shall n�ot extend
<br /> ' .,� � ur postpoae t�e dae date of the moatl�iy payments referred to in paragcaphs 1 and Z or change the amatimt af sac3► . , ,
<br /> � . :. Fa3►ments. .. ,
<br /> •.`H ,�.,• :. 11. Bormwpr 1�Tot Ret�rased;Fu��auc�By L�der Nut a WatQer. Faccension of'the�tIme for payment or .
<br /> =—_ ,-T wo��sf a�or.of the sumg secar�bY tbis Ser�tY Insaumeat g��d bY�der to auy+suoc�ssor in -
<br /> � `: ;, •- iutesest of Borrower shall noi operate m release the liab�l'ity of tt�e o�iginat t�oimwez or Bonower s sua�ais tn - - .-,.
<br /> ` ,� . imeres�. Lender shaIl not be r+equired to oommence pmceedings agaiast az►Y successor in inte�+est or refusa to extend .
<br /> ��..��, �� � time for payment or otheiwise modify amortiz�on of the sums s�bI+this S�u�ity Insaument by reason of m►y =-
<br /> , .:�� '�., dem�d made by the originai Bo�ro�rer or Borrower's suocessors Ia intee+esi.Auy forbeazance by I�der ib exe�tcising
<br /> ' �. aay right or remedy shaU not be awa�ver of or preclude the eaen�tse of any right or remedy.
<br /> . 32.3nc�ois eud A�stgas Botmd:Jotnt end Severai Uabilit9:Co-slSneis. The ooveaaats and agreements .
<br /> of t8is Security Insuament�hall bind and benefit the successors and assi$ns of I.ender and Borrower,subject to�he
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<br /> .: _ . pravisIons of QatagrapH 19: Sonowec's covenants and agrcements shall be joint and several. Any Borrower who
<br /> . ..� co-signs this Secarity lnsttument bnt dues not e�cute the Notc:ta)is co-siguiug this S�urity Insaument on1Y W .
<br /> ' � t��,' moitgage.8�t and convey tbat Borrower's interest in the Pmperty nuder the terms of tB�s SecuritY I�savment:N)is . _
<br /> . - ..•�:�r'� � aot pe�sonally obligated w pay the sums seaued bY thls Securiry instnuneat;and(a)affiees that Lender aad anY .
<br /> .,,,� .•,.,:.��_., :�. other Bama�rer maY agtee ta extcnA.modify.far�ear or make any aocommodations witb r�garA to the temis of tbis
<br /> Secucity Insuument or the�'ate vrIthoui thas Boaower's aons�t. , -
<br /> � °'� ,�." instrameat is subjea fo a law aIIiob seta�loaa -
<br /> � . , 13.Luan Cbarg�. if ttie Ioan secnred by this Securiry collecte+d ar to be co;��"•�d ln
<br /> . �.�: � criarges.and d�at la,w is fiAaUy inttzpreted so that the inteiest or other loan charges _
<br /> � . . ° ooauect�aa anth the laan exceed the permitteA limits.then:(a)any s�:,�toaa charge shaU 6e t�wo�d by the acaouat
<br /> � ' necessary to reduce the c�ge to the permitted limit;and(b) auy��eireadY calleeted itum.Borrower wbich
<br /> au
<br /> ' . -'�,+ eaceeded permitted timiis will be refuaded�to Bonowes. Lander may choose to make this refimA by tcductng the -
<br /> � . _ primcipai awed under the hmte orby malciag a direct payment to Bomnwer.If a refund reduces princiPal,the teductioa � .
<br /> ' � wiU 6e aeated as a partial�r�payment wit&out�y►prepayment c�arge under the Ngc.. , . _
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