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<br /> p�yments nwy nc�longer bo zequirecf,at the option of l,endcr, if mnrtgage insu�unre ruverage(in thc amount Kncl fur the periai
<br /> �hnt Leixier i�uires)pravidtct by an insurer uqproveci by l.encler ugain becomes availubfe uncl is obtained. &��rower shall pay
<br /> the premiums requfrcd to maina►in mongsge insur�nce in r.fiocc,or to pmvide a loss reservo,until the requirement for mongs►�r
<br /> insurnnce encis in accorclance with any written agrernxnt t+r.swoen eorrower and Lend�r or applicuble law.
<br /> 9. Inspection. l.etxicr or its agent nwy makc roasonablc entries upun and iuspections of tha Pmperty. I.cndhr shall givc
<br /> lfc�rrower notice at tt�e time of or priar to An inspectinn spccifying reusonabic cause for the inspcctio�i. �
<br /> 10. Condemmtion. The pmceods af any nwarcl ar clnim far damages,direct nr consequantiul, in conner.tion with any
<br /> ronilemnaUon or other taking of any pan of the Pmpeny, nr for convcyance in lieu �f condemn�ition, nre hercby nssignoc!and
<br /> Sl�a.l.l.Ix paid to Lcadcr.
<br /> In the event of a tof:�l.f.�ki.np of.GGr.f,�hr���tYy,t6�pmceods shnll be upplicd to the sums recurod by this Security Instrunxnt,
<br /> whether or not then dur�9 wi.Ua.�ny exccs.,,paid:t.�F.foiTOwr.r. In the event of a pnrtinl tnl:ing af thc d'mperty in which thc fair
<br /> tnurlcet value a�t'tEte Fro[�eef.y imm�cliar.r.�Y befc�re cGe raki.nQ is equ.ai ecr or greater thun the am,ortnt of the sums seeurod hy.this
<br /> Security Instrument inutuocEi,atel.y before rJi�e Caking,unless Bo�rower.au�t P..c�xier otherwise agrce i.n.wr,iting,the sums secur.af.hy
<br /> this 5ecurity lnstrunxnr. S[��lf Ge 1'eduCecf by thC u�tlouFtl of RM: ��S [[tultipLied by �l�e foLlovr�ng fractian: (a) the t�taC
<br /> amount of the sums nc:�zrat Eccr.�ttciliately bcfora th� t��i.e�,cfeYi.les!b� Qb?� f.air malkee ya[��e�E Et�:!'EO9erty immexi�a►,�I:yr
<br /> � t►cfore the taki��g. Any bal�uxe shall be paid to Hormwer. In tt�event of a partia,f takEr,zg Qf eh�e R'cs�per:tp in.which the fair
<br /> mnrkd value of tR�e Propeny immaliate�K Iyef.�re the talcireg is less tF��trte,�►.eo amount of the sums securod i�teez�iatdy befa�e tt�
<br /> taking,unlacs Borrower und[.eoder otE�enr;s�.agme ln writing or,y�iF.:s�.n�pplicablc law otheRwn���zr:avid:s,e�►e prcxYC�cis:;i�a?'s ,
<br /> _ be applied to the sums sa�.eeed by this Security Instn►me"�,r,vilh�thcr a*�n,��a�h�e sums arc then due. � ,
<br /> • IF the Ptnpercy is abacado�ned by Bormwer,or lf,�t21.�e�r�trviite�y]:r.rxkr to Boe�ower thut the cuyxiemnpr.�f:1'.�ss to make an •
<br /> - �ward or setUe a claim for drtnagrs, Borrower fails tp',a�:s�,qnd to I,ender within 30 days after the date tlrk� ar,nice is given�,
<br /> Lender is wtt�otiud to collact and apply the proceeds,at it�aptipn,,�i+tl�er to restoration or npaic of the Proper9���T to the s�rfi.�, ,
<br /> � socurcd by thiti�+,ea�eity instrument.whether or not Q�en dut. •
<br /> �=�; Unless Lender and Borrower otherwise agrce in wridng, any�Hpplic�ation of procrods to principal stwll�eot extend oi�
<br /> ;: post}wne the due date of the.r°naMhly payments referral to in paragraphs 1 and 2 or change the aino��nt of such�rr3�rtvants.
<br /> r1. u���,�..r1.�r R�,.�,y..1; FQrl�rn�w Ry f,��r Nnt�Walver.F.xtension af the time for Qaymere:n� rrAdification
<br /> u
<br /> � of xmortizntinn of the sums seCUrod by this Socurity Instrument grantod by Lender to w�y successar in interest oR�urrower sh�ll
<br /> not aperate tQ rclease thc liability of d�e 2�sfi�inA1 Ho�rower or Bonower's succa:sors in interesc. i,�;;a;�m Ah�!!n,ot be required to
<br /> canmenoc procoodings against any suc�::�a���n interesj vr refuse to extend time for payment ur��ra:�e�witieiin�c+�9ify�unorti�tion
<br /> of the sums sceurod by thqs�Cacie�a2y'i[!ar•�trUment b�+'u:c�sJn of any demand macic by thc origi� �tur,Y�?��%�4r er Borrower's
<br /> ,�; successors in interest. An;� f�,.;,!,;rr'rarti�.i.*�y l.cndtr it�.�:<e�rc:ying any right or nemoi8y'shall not be a waiver�,t'a� precl�tht
<br /> � exercise of u►y right or�nset�y. � ' . '
<br /> 12. Sucoe�.sors and Assigns 13n��z]; doint and Severnl Lisb�lllty; Co-slgners. The ca+rx�r�nts arid ag�oanaits of thie
<br /> Socuriry Iaurumrnt shall bind and be►i�s�jz the succassors and assigrs af I.ender and Bomow�s> subject to the provisions nf '•
<br /> par�gaph 17. Botrc�w�r's covenants arxi agrcemtnts shull be joint and several. Any Bormwer who co-sigr►v this S�curiCy �
<br /> instrument twt does not eaocute the Note: (a) is co-signing this Seairity Instrumenat only to mortg�ge,gru�t �nd convey ttu�t
<br /> Borrower's in�Cnst in the Propercy wideK the ternu of this Socudty Tr►strurr�mc; (b)'is not personatly ublig�tod to p�y the suma •
<br /> securcd 6y this 5ecurity Instrumenr md(c)ngro�s that L.encier nnd any uther Borrower may,eg�ec to extend,modify,fortear or
<br /> make su�y�ccommodatlons with rcgard to thc tarms of this Socurity Instrument or th�Note witho�+t thal I3ornower's oonsent.
<br /> 13. Lo�n Ch�rtea.If the loan securod by this Spcudty[nstcument is subjecS to a law which sets max[mum lam charges,
<br /> � and th�t I�w is finalfy interpreted so that the interost or other loan chuges collocted or to be oollaxod in oo�uiection with the
<br /> loan exctod the permittod Iimlts,then: (a)any such loan chirge shall be reduced by the art�ount rbcess�ry to rod+�c�e tho chvge
<br /> to the pern►in.od limit;aod(b)any u�ms xlteady rnlloctal from Bortower which exceeded permittod limits will be t�efurdod to
<br /> Borrower. Lender may choose ro m�lce this rcfund by roducing the principRl owed under t,tie Note or by mwking a diroct
<br /> � p�ymrnt to Bomower. Ij a refund rcduces princip�l. the raluction will be treated �s a partial pre{raymau without any
<br /> , prepaym�+x ch�rge undtr the Note.
<br /> 14. Noticrs. Any notice to Borrower providaf for in this 5ecurity[nsttutn�nt shall be givrn by delivuing it c�r by mtiilit►g
<br /> �� it by first clxas mail unless applicable law roquires use oi ruw@ur�►ettwd. The notioe shall be dirocted to the Propaty Address
<br /> or any uther nddress Borrower d�signates by ratia to Lendar. Any notia to Lencler shdl be givcn by first class m�il to
<br /> � [�ender's ufdress stated ht.rein or eny�ther address Lender desigaetes by�wtice to Bomower. Any notict pc+ovided for in this
<br /> '� Security Instrument shafl be dxmod to have tken given to Bomnwer or Lender whert givcn u providaf in ihis puagnph.
<br /> ;� l5.Govern[n� I.sw; ScvcrAblllty. This Securi�y Inst�ument shall be govemed by foderal law e��d the law of the
<br /> � '� ,purasdiction ue which the PropeRy is locatod. In the event that any provision or dsuse of this Security Instrument or tho Note
<br /> ti:nnflicts w�ehe s�p�licable law,such wntlict shall not att'ect other pmvisions of this Sccurity Instcw�ricnt or the Note which can ba
<br /> .� ;,�iy�en cf:a�•u�;i�tiwt thc rontlictinK provlsiuii.To this e�xl the provisious of th?s Socurity Insr.ri,�•n��n�and thc Notc are doclared
<br /> ' , :� to°t�sevzrab�.. • ' .
<br /> ; 1G.Boirtowrr's Copg+:Bc�rn�wer sIwlS be givcc��nnc-�onfonmxt rnpy of the l�nt�.nr,d c�t'tE�Js Sa:urity lnstpurt�ent. ,
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