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<br /> .4::��':�';`�,�;� pay�uents may nn ionger be tequi�,at tf�aption.of L�cmder,if cnortgage 9nsivaace oaveiage(ia the amouut �� _
<br />_.. �`'<��`,`- Wat Lender reqtiarw)Provide�.hY an is�ue��pPraved by L�nder ugain 6eaomes av�tabte and is obtaiaed.Soimnrer sGal!pay _
<br /> f the preauuuaress�ecE�eed w maintaia mostgage iasuians�in effect,or m Pruvide a toss�eseive,nn�d►e requiremeat for mortgage
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<br /> ;.:;,1,k,''� issuraace eads ia accordance witb any written a�nent betweea Horrower and Lender or applicabte taw. _
<br /> ---:�;�� 9.Ygsga�u.Iendcr ar its age�may�mke rea�aable�uDon aad inspectioas of�se Aroperty.txnder shaU� K..
<br /> �?�� a g reasosable cm�se for tbe inspec�io�. -
<br /> ` " `"" Bornowe�csntice at thee timE of ar prior to aa imspectio specifYin ia coaneaion vrit�aay =
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<br /> :`.:.�.�` cQUde�e�or other tatdng of any part of d�e Ytoper�r os far c�:�y�oe ia liaz of aoademnation,era kereby assi�
<br /> � .-;;r'`�.�:: `: �Qe paid to�. � � ,.
<br /> ���, nr., ..� ���p�c�sti3e sums secare��y t6is S�itY IasUUment, -
<br /> „ , � IB the event of a totai tatring uf the P�vpertY.the proceeds Q��e '�which t�e fair
<br /> .;;;�.: ;�.::�,,:�� �vhetber i�r not then dne,with any eue�paid to Bormwer.Ia t�e'ev�t of a partial taida�.. . Pfo�s�
<br /> °� ..j%:�,.:.. r�arket�ar:�of the Pmperty inunedi�'��efon:t1�takiag is e�i�a}:�m�than t6e�ao�ttf i9e s�s socare��g Wis �
<br /> ���'�'.� .�$;,�,neni tmmediateiy befaEe�t�ang,.aniess Brnmw�r at�t LRnder othe�wise a��?s�¢�,'t�sums�ca�by _
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<br /> � :`:ty��y Ins��ment sha]I be teduced!sp t��aeqa;nt of the pracerAs�d� plied 6y the�falIov,�:�ftao�an: ta) tTie totat -
<br /> � �:�c�i�e sums sea�t+ed'anmediaiely 6efar�t'he:i�ing,divided by(b)ti�e fair maricet value of 6�e���u�raty immed'eateTY _
<br /> �n wfich the fair
<br /> ' � y .t3ie�+�the���ing. Any balsncc sbalt be paid t��he[iivtsr. In ti�c�e�of a paitial taldng of the Fmpeiip.
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<br /> , ` L markeC vati�of the Pr�iy iunned�I.�re t�.#�$ is less:!t�the amount of ihe snms seaued iuqmediately befos�e the• , �
<br /> "``` taYing.unless Ba�c+ower and�ider athetwise�.Im wribn8 oi�anless applicable law othelarise provIdes.Hie pma�sLall -
<br /> � :',�`.'`.'�;L �::`�1��P'P�ed ta the sums s��y tMs Seauity Ins�a¢ii�t whether or not the sums are t&en dae. . : _
<br /> ` . � ��(:. � If t�e PmpenY is abandoaed Uy Barrower.or if,after irotice by L�nder to Borrower t2�at ti�oomde�nar offers ta malce an
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<br /> � t`, .�� �award or s�ttJe a claim for damag�, Borrowet fails w tespond w Lender withia 30 days after tfie date:�tH�nnti� is�iven, _
<br /> . 'a�{° Lendet is autfiorized W caltect and appty the pmceeds.at its aptiun,eithar to restoration or mpair of the Praperty or W f�sauis _
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<br /> �`M� �� secvred by this Sewrity Inst�umen�,ahether or not tben due. �o���nat ext�ud os -
<br /> - � '� ' ���� UNess ieuder and Bomuwer oWerwise agc�in writin�.�aaY $PPlication of gsoceeds -
<br /> � ..'"''•'`^�� P�Pone the due daoe of tt�e mnWlily payments ceferred w in P��Fhs 1 and 2 or char�ge the�mouat of snch paymeats., -
<br /> •; �( ' '` ll.S+orrowes Not Htelease�Forbearaiccc By Leades Nat a Weiver.Extensio»of tHe time for payment or mud.+'.�tion�
<br /> _ ,':' .", of amoxi�¢atron of the sums secw'ecE h�this Seauity Insuanaent gi�.q}ted by I.ender w any sacc�ssor in interest of Bori+c���S6a11
<br /> . :,`�` nat opeirii�'to tedease the liability of t3�e original Eorn+wer or Botmwer's sacoessors i�r intQres�:Lender sliall not 6e�d to
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<br /> • •:' .1 '`:cx►mrdenoe proceedtngs against anY'succes§�s ia interest or nefuse to extend tIme for paymeitt:i�othe�vise mali�Y amordZation _
<br /> �:`.��Qf the sums secvred by this 5ecurity Insuume�#�r reason of�any demand made by the a�ginal Borraw�r or Borrower's 4
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<br /> �. .•--:��,',. '� '`:�°, successors in inte�.at.MY forbea�nce bY L.end"er._in�exercising aay right or remedy s6all�ut,be a waiver of or preclude the _
<br /> �� " exercise of any righ�or remedy. . � .
<br /> -- , ...,, ;; _ - i�.Sur�ors aurH A�F,atmd;Jo�t aud 3averat LL�bitity;Co-stgpe�s.The bav�nants and agreem�aads of.ttns _
<br /> ` �' ; Securlty Insuu�a►ent sha11 bind and beaefit the sucoessors and assigns of Lender aad Bormwer, subject�to the pmvislons of =
<br /> ', �.�: Paragraph I7. Borrower's oovenants and agreem��a6a11 be joint and seveial. Any Borrower who co-signs this Secvrity .f
<br /> � • . `�� �r= ` Insuument but daes not eaecute the Note: (a)is ca�signing this 6ecurity Insut�mem only to mortgage�Sram and convey that
<br /> � � ' ��# BorrowePs interest in the Property under the terms af ihis Sc,cuiiry Iasunmerrt:tb)is not personally obligated to pay,the sum,s
<br /> .. . '.�"' :,.��;; � seatcesl by tbis Security Instnunen�and(c)egrecs t1�at Lender and aay other Borro�ver a�y agee to extend.mudify.fotbrar or
<br /> _ ' � :}' maica any acoommodatlons with regard to the temis saf this Seauity lnsttument or the Note without that Borrower's cansent.
<br /> �.. � :s� 13.�.oaa Chsrgcs.If the loan secured 6 s��c's:�ecnri Instcumsnt is sub'e+ctt to a law whicb sets ma�dnm�m loan charg�.
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<br />',�': ''�.�� :�: ::'•�- .,.:and that taar 1s finally interpreteQ so tbat the in�i or other toan ci�arges colleded or w be collected In comiedion a+ith the .. -
<br />" , �:' : �`�' Ioan exoeed the pertnitted limits,then:{a)any saeh loan charge shall be redaced by the am�unt necessary to reduce the cl�e
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<br /> : .'`'�� ..�.., to the permitted timit;aad(b)any sums already collected from Bosower which eaceedesl permjtt�limits will be refi�Qed w .
<br /> .. ,��`.r� . '� , Borrower. Lender ma/ choose to make this re£wtd by redudng the principal owed under the Note or by making a direce
<br /> . . :,• � .... �.•= meat without an
<br /> •'.��,r PaYment.to Barrower. If a cefund reduce3 pr.��pal. the reducdion witl be ueated as a partial P�Y Y -
<br /> ...,..;�:..,:,-� s�:�.` PrePaymea�t ch�e under the Note. ,:.
<br /> <�•.,� '_ � 14..�1I�Becq.My nu6ce to Bo�awer provlded'for in this Sepulry Iastrument shall be given iry delivering it or by mailing
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<br /> ' -'-,�t�`#;:`._: ,� � it by fim�c4ass mait unless applicabie�aw reqoires use of anotdeer methad.The nodee shall be directed co the Proyerty Address _
<br /> .�` :�':�'„„ �,` ` or avy other address Borrower designates by notice ta Lender. Any notice w Lender shai! be�iven by first class mail to
<br /> ��,�.`�����;' '� Lender's address stated herein or any other address Lxnder designates by notice to Boaower. Any notice provided for in this _
<br /> � ''�:.'. ��. � � Secur(ty Inswment ehall be deemed tu l�vs be,en ga.s:ri tv Bomawer or l.ender when given as provided i��b�s paragraph. _
<br /> ��f;�"/{',"a;''��� ` 1S.Govetning 1��s; Sxvera1�i413q. ,Th3s 5ecurity Inswment shal! be governed by federal iaw and the !aw of the
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<br /> � �w��;3�rr,��,.;,;;, . > jurisdictian in wtucb the Property is➢�c�'ed•1n the event thxi.�y provision�r clause of�:�Security Instnimeat o:the Note
<br /> ,�,:'�;�,�;��'°'; ,�"� conflicts with ltcable law,such conE�ct siiall r.at affect atber��vlsions o�t?�.�s Se�vrity ih�sla;�ent or the Note which can be
<br /> " j;;1 T �' ?� glven effect without ttta conflicting prorision.'�ev t�'ss end the�^r�:�isions uf�1z{is Security Instt�ssneac�,�the Note are declareA
<br /> ,�`� :�,+��: . to be severrable. . ' -
<br /> ;'`.�.',u#::. , i 16.Botro�ver's Copy.Horrower shall be�iv�.,cc2 err.�:w�coPY c�t�t�Note and of tftis Securii�Insirumeat. . .
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