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<br /> :=1;, payment� may no longu be requlrod,Rt tho optian of Lcndar,if mortgaga Insunu�ce cavc►ngo(In �ho amount and for!hc pe,riod
<br /> _==�:�; thit l,ender roquirw)providai by an insurcx�{►provod by Lc;ndcr ag�in t�;comcs�vailabk an�1 ic obt�incd.Aarrowcr shr.tl�ay ihc �
<br /> � premiuma required to m�inW�n mortg�ge lnturoinco In cfloct, or to provlde a los�roserve. unW tho requlrement for mortgage E-
<br /> _ insur�nca rnda in accordance with any written�gceement betwan Borrower end Lendu or npplicable I�w. F:
<br />�;�Y;=y 9.Iospectbn. I.endu or ita �gent may make reawnable entrles upon and inspecdnns of tho Property. Lendcr shall give ��
<br /> ' � Bocrower norice at the time of or prior to m inspoclion speclfYing reasonabb causa for tha Inrpocrion. a�
<br /> =��:-s�, 10.Condemnatba. 'It�e proceeds of any aweM or cleim for dameges,direct or consequeruial� !n connocdon vdth any __
<br />�:_h;�; condannation or othu taking of any pan of the Pioperty.or for conveyancc in liw of condemnadon.are haeby assignod and �
<br />_.:._�=s sliell be paid to Let�du. _
<br />- t�`•, perry�the procaeds shall be lled to ihe sums secured by this Security Instrument,
<br /> :�•�„r,�� In the event of a total taidng of the Pro ePP
<br />����`_� wt►ethar ar not then due.with any excess paid w Bortowa.In the event of a partial taking of the Property in which the falr madcet
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<br />'.,:`,•�• value of tho Property imme�jately befon the taking is equal w or greater than the amount of the suns socured by this ecurity
<br /> `� Instrument immodIately before the talring. onless Horrower end Lu�drr othawise agroo in wrtdng�the sums securod by thLc
<br />��,y�.� Securiry Inst�ument shaU be reducod by the amount of the procads muldplied by the foAowing fracrion:(a)the total amcwnt of
<br />-°�� tbe sums secund immedlately before tho taking, divided by(b) the fair markct value of the!'mputy immediately befoce the _
<br />`�� taking,pny balance shall be paid to Borrower.In the event of a part3al taking of the Property in whlch the fair marka value of the -
<br />:;�;� propaty immediately beforo the taking is less then the amount of the sums secured immcdiately beforo the telaing, uakss =-
<br />--- Barower end Lu�da othawise agra in wridng or unless appUcable law othr.rwise provide:s.ihe proceeds sh�ll be applkd to the
<br />�� sums secured by this Security Insaumeat whether or not the sums an then due.
<br /> --�-_— If the prope:ty is abandonod by BoTrowa,or if,afta nodce by Leader to Bocrowa that the condemnor offers to make an
<br /> --� �' awiud or seule a claim for damages,Borrowa faiLs to r�spond to Lender within 30 days after the date tho nodce is given,Londer
<br /> .-•�-,� is authorized to caUect and apply the proceeds,ac ics opdon,ei�her co reswraaan or repalr of che Propercy or co�he sums secured
<br />�� by this Socurity Insaumant,wt►ethtr or not then duo.
<br /> -- Unless Lender and Borrowea atherwise agea in wrldnB,�Y BPPlication of proceeds w principal aha11 not excend or posq�one
<br />--��- -= the due date of the monthly paya►onu refarod to in pusgcaphs 1 and 2 os change tha araount of sucb payments.
<br /> 11.Borrovrer Nat Rekfi6eq;t�'orbarana�y i.en�er"rioi a ri%uver. isxcrnsion oi inc iiuic iir j,uyu�u,i ca mc,iiiffCa2:G.'t
<br /> of�aia�tia�tion of�be sums secuc�ed by thLs Securiry Inswmart�antai by Lenda w any tiucces�ar ln incaeu of Harowe*ahaU
<br /> not operate to reka�e the Wbility of the original Bocmwer or Barrowa's suecessors in ins�xrst.I.eada'sha11 not be rtQuic�ed o0
<br /> c caan�a�ce P�oodin8s ag�any successor in intaest or refuse w exter�d dme far payma�t or othawL�e modifY amoctiratia�of
<br /> the�una soc�ued by this Security Insenuna�t by n�on of any demaad made by the origiaal Borrowa a Bamnwer'a successors
<br /> ia inl�st.My forbarance by Lenda in exacising eny right or nmaly shall not be a wAivar of a pceclude tbe eacercise of any
<br /> rig4t a nemedy.
<br /> � 12.Sraes�on and Aari�ro Bound;Joiat and Srveral Li�bitit�;Co�signers.'lt�e covonants md �a+rknts of this
<br /> � SeaQity Inaauma�c stull bind pnd ber�Cc tbe suxessas and assigns of L.enda and Barowa. subjoct to the pravlsiont of
<br /> p�raph 17. Botrowa's wve[tants and agreemaits shall be joint and sevual. My Bamwer Nho oo-signs this Sacuriry
<br /> • LWiumcnt but does aot execuk the Noto: (a) is co-sfgning this Security Instruma�t only a maceg�ge,�nt�nd ca►vey thu
<br /> Barowa's intaest in the Propaty unda the terms of thia Socurity Insm�men�(b)is not P���Y��8+��P�Y dx aurw
<br /> securod by tlw Security Insaumen�end(c)�gtbes ihat Lenda end any other Borroaa may agree w cactend,modifY.foxUe�nr a
<br /> nWce�ny accommodations�vith r�g�M to the tams of this Socuriry Instrument a the Noio without that Bomowa's cansenG
<br /> 1�.Law Cfu�r�a. If the loan socured by thla Security Insaumeat is subjxt to a Lw which�ett mu:Unum ban chnrges.
<br /> aad d�tt L�v is fin�lly inttlpretod ao�hat the intaest or other loan clurges collocted a to be oollected L►oonnection with the b�n
<br /> r tacceed d�e pamltlod limits.cbw:(a)my s�ch loan charge shall be reduoed by the�mount neoessuy to raluce the chuge oo the
<br /> � _ P�1imi�and(b)anY sums aUea�lY collected trom Borrowa which ta�ccoded pamiucd lunits will be refundod to Barowa.
<br /> • I.a�iar »�►y ct� to malce this rcfiind by r.,ducing thc prinapal owrd under thc Nme or by making a cS:�y-�yu�c►t w
<br /> BonoMa.If a refund roduoes principel,the red�ctlon will be treated as a pertial pmep�}•ment widaat anY PnPaY����
<br /> w�da ti�e Note.
<br /> 14.Notioa. My notice oo Barowa provided[or in this uxurlty Instrument ahall be givtn by delivering it or by mtiling it
<br /> — by fint c3ass m�il nnkss applicabk law requircs usa of enotha met�od.'lt�e aoda shall be directed to the Pmpaty Addre.ss a
<br /> � any od�a address Borrower designates by nodcx to Lenda.�y noticce w Lende�shall be giva�by first cl�,cs mail w Lenda's
<br /> add�r� st�od l�a�r.in a�ny othcv address Lend.r designates by nodc�to Borrowa. Any notice provided for in t�uis Security
<br /> -- - - It�ument shail be doernod oo tuve bea�given to Barnwa ur T�.eiide�wi�+�giv�i a5�iioride3 in u`ils pa:.�tsph.
<br /> --- 1S.Goveninz Law;Severabii&�. 'Ittis Sectuity Instn�matt sh�ll b� govett�ed by federnl l�w and the 1aw of tht
<br /> j�in which the Propaty �S bcated.In tho event thait any provision or clau90 of this Security Iastrume.�►c or the Note
<br /> coMicn�vith appliabk I�w.such confUct sha11 not affect caYher provisions of this Socurity Instcument or the Note which can be
<br /> - �- givea effea without the oa�fiiceng provision.To this end the provisions of this Security Inswment and the Note are declared to
<br /> b�saverabk.
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