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<br /> -- ---- p�yrtw�tts msy no lonaer bo roquirod.�q tha�ptian ef I.endcr. ii mo�t��e i�su�noo rnvera�e(in tho�m�nd fnr the period
<br /> Iluit l�ader t+equira) Provided by�n Inwror approvod by L.ender�dn b�a�oma Avdl�ble�nd i�abained. Borrower chall p�Y
<br /> - �ho promiunn�eqnirod ta m�inu�in mort�a inwranoe in ati'on,or ta provWe a lo�x rc�ervo,un�il�ho requineainq tar a�o�tpQe
<br /> inwnuwe a�in�oatd�u�o with�ny writta�a�rocmem bdwan B�xrowu�nd Lrnder or apQlicAble low.
<br /> � 9.la�pectlon. Laidcr or it�a�en1 m�y m�ke rc,�comble e�qrfes upn�t wxl inspecliaw oi tho Proparty.l.ender dull�ive
<br /> Bortowcr aMioo��he�ime otor prior to nn inxpx�ion speciljrin�rwconnblc causo for tM inspoction.
<br /> �-- --J 10. Conda�anttba. 'ilie ptoeeedt of�ny�w�M ar claim for du�uga. diroct ar cansequentid. in cxmr�ection with my
<br /> - -�-----��-----,�---=�m� condemnadon ar other takin�of Any ptut of thc Pa►perty,or for a►nvayanoe in licu nf rn�demna�ion. aro hereby usigned ud
<br /> - - - �hall be pwid to[.er�der.
<br /> - In tha ovent of a to�l Wcing af tho Property,lhe proceods ahall bo Applied to 1fre sums securod by this Security insltuttaem.
<br /> wf�elher or not tUcn duo,with any excess paid lo Hornawer. In the evant of a pastiaE oahiqg of the Pruperty�n wd�sr�tBe fidr
<br /> . msulcet v�lue ot tAe Pa�operRy immodlately bePare tb�e talciog is equa!to w greaoes�an tNe announR o�'tt�e w�ms smcucod krar tDis
<br /> S�ecuric�r lo�tna�immed�r befoee ti�e t�tng.uc��o�mwar�4.end'er dC�,e��wise r�gr�ae in virriRFng.�Itie s�s secw'cd I�y
<br /> t6�is Seeurity Imstre�eoie�l si'naU be t�duoe�bg CQ�z at�ac�u;trt oE tt�proc�d.s �rnr.16�l:ied hy � foiCnwE,ng t'�don: (a) the tMal
<br /> �rnount of ltde suma secured immediately before tht taking;dividod by (D)the fair roar�et val�ce oi the Proyeny immcdiately
<br /> beforo t�e taking. Any bnls�nce ahall be puid to�ortawe�. in the event of a pnrtial t�king af�he Propeny io which Ihe fair
<br /> ---- � market valae of the Property imrnetlietely before�he taking is less than the amaunt of the sums secured immecliatcly befot�e the �
<br />___-==;"�- wking,unless BoROwer and I.ende�otherwise Agre�ia writing or unless upplicable law othenvise pravldes.the ptacxeda clwll
<br /> ___--_ -=____ -= be applkd to the sums secu�+�d by this Security Instrumcn�whether o�nat�he sums are�hen due.
<br /> -=-_ = If the Propedy is abandoneci by Barrawer,or If,aftcr natkc by L,ender ta 8orrower that the condemnor offers to nwlco an
<br /> -----_- --- -- awAnd ar settle �clrim fnr damages, Aurrower faiix to rcspand to I.errler wilhin 30 JAys ellcr U�e cipte tl►a mulce is glven.
<br />�`'�"�':'�'� L.ender is authorized to collctt and apply the prnocerls,At i1�option,ai�her to�s�oration or ropair of Iho Proporty or to the wuns
<br />__ cewrod by thir Sacudty inst�umem.whdhe�ar not then due.
<br />_ U�kss I.ender and Borrawer othenvlso agroe in writing, any application of proceeds ro principal shall not catend or
<br /> poclpane!he due date of Ihe moMhly paymeMs refomed to in pamgrnphs I and 2 or ciumge Ihe amount of such p�ymen�s.
<br /> _ l l.BorrowYr Na Releacedi R�an�e By l.endc�Na�Wal��er.Eatensian af�hc time far pAyment or maditira�iun
<br /> of amanixuion atthe wms securod by�hix Secu�ity In�trument Qrnnted by l.ender ta any succesc�r in i�t of Bamawe�rlwll
<br /> nat oper�ta lo rclau�e thc IipbfNty of Ihe uri�inal Bnrrowcr ar&+m►wcr'x succcxeorx in imcre�l. Lcndcr alwll MH 6c roquirod t�
<br /> _ commence pro�radin�r��ainsl any�cucoe��ar in inlere�t ar rrPuce tn exlend lime far payment or dhcrwir�e midify w�x�rtizwion
<br /> oP tho �ums secuiad by this Savri�y Insuument by rcason of any denwnd made by the origirwl Bornawcr ur Barrower's
<br /> ' woca�on in fntc�t. Any fa�nre by Letder in exerci:in� any right ar nemedy rFwll nw be a w�iver of or pnxlude Ihe
<br /> __ __ ez�clsa otany si�t ar tcrtt�y.
<br /> �{ 12. Suon�on and Adger Bouodi Jolat and Several I.IpbNltyt Co-stRaers. Tha covenants aid agrocments of�his
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<br /> � Security Instr�rt�ent..Iwll bind and beaetil ihe successars and us.signs uf l.ender and BnROwer, subject ta the provisions ot
<br />- pang�aph 17. Borrower's oavenAnts wd agreements shall be jafnt and several. Any Borrower who casigns this Secu�ity
<br /> - lnsln�ment but daes not eaocuta the Nota: lal is casiRninR thfs Serurity Instn�ment anly to mortRu�e.Rrent omd rnnvoy ihat
<br /> - -- Bc►rrower'e interest In Iho Propeny under Iha termc of this Security Instrumcnt;(b) is not persanally obligated to pay the sums
<br /> ` r�ecurod by this Secut�ty Inst�ument;and(c1 ugrees thut l.cnder and a�y other BaRawer may egroe to extend,madify,forbau or
<br /> ��'�l nwlce any accomtnodntians wlth regard to t6e tertns of�his Security Inctrument or thc Nate wfthout that Borrower's mnsent.
<br /> 13.l.oan Cba��.lf tho loan secured by this Serurity lastrument is subje�t to a lew which sets maximum loan charges.
<br /> �� •:r� and that low is finally i7terpreted u��hat Ihe inlerest or other loan churges collected or to be collened in conneclian with the -
<br /> - x lasm ezceed the permiued limits,ihen: (al any .ruch loan charge xhall t�e reduced by the amount nocessary to reduce the charge
<br /> �a ., to the permGtal Bmil;wxi Ib)any sums alrc+uiy collacted from&►rrua•e�which exceeded permittaf timita wltl be refunded to =
<br /> •1 `�. Borrower. I.ender mny choose to muke this reiund by reducing �he principal o��•eJ under the Note or by making a direct -
<br /> - payment to Borrower. lf u refund rcduces principal, �he reduction wfll l�c treatcd as a partial prepayment wUhout any
<br /> ? , pnepayment charge under the Note. -
<br />�;, 14.Notkrs.Any notice to Bormwer pmvided for in this Sccurity Instrument shull bc given by deHvering it or by rrwi8ng
<br /> �,y� it by first cluss rnail unlesc upplicable luw requirec use of unother method.7'he notice shall be directed to tbe P�operly Address
<br /> �' ' ar uny other nddresc Borcower d�ignutes by notice to LenJer. Any notice to l.ender shull be given by first closs mail to =
<br />_ ,5� . Lendcr's addrcss stated herein ar any nther nddress l.ender designa�cs by nutice t�i Bnrn�aer. Any notice provided far in Ihis
<br />�-a±: �};� Secu�ity Inslrument shall be deemed ta have been given to Borrower��r l.endcr when given us pravided in Ihis psirs�graph. -
<br /> •��:�� . 1S.GovernM�g La�r= Severablllly. This Security Inslrumcnt +hull be gmi�nwJ by fcclerAl law uml Ihe law of Ihe -
<br /> -_�_ ,_ jnri�liMi�n in wMrh the Pmperly ic located. In the evenl Ihm imy pmvi.ian��r cl�iuk��f thfc Seci�rily Inc�niment or Ihe Note =
<br /> ;., w�.� �� con0icts with appliwble law.such ronflirt shull nut uffecl uther pn►vi�i�►m�►f thi�S�tiurity Im�rument or thc Note whirh ran be
<br /> ..�••��,-, : given effect wiUu�ut the n�n0icting prnvision. To thi�cixf the pm��isiim�of thi+Seruri�y In�trun�enl anJ the Nnte ure declared =
<br /> '� • -' to be severable. _
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<br /> - _ ?�.�?"-�� 16.Borrowa�•s Copy.Burn►wer shull t�e given onr�Yn�fi►mud ci�py of the Nnte umi nf Ihix Serurity lnstntment. -
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