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<br /> . , y _ paymeuts may ao Ioaget be r�quIred.at tite aption of i�ader,if 4nortgage i�ace ooveivge(in We�t aad for tke per�od -
<br /> . that Iender requis�sa pznv�by an insvmr appmved by Lc�der ag�n becomrs avai1abte aad is ob�ined.Bomower shall'PaY
<br /> `- the premiams requuet�i4 mainraim m��age iasurance in eff�,or to.pmvlde e lass mserve.�mtiE thz ra�remem{or mortgage . -
<br /> . � ' . . '.'�, insaraace eads ia acc�rdaAce with any arritten a�reement 6etween�armwer aad L�ader or appf�ble�aw.
<br /> - . � 9 IQSg�ttan.�;eader or iis agent inay make rPasonable eatries upon snd inspecoions o�the Propeity.Lendes sfiall give. '
<br /> ��.1 Bortower natI�e at tL'�tiche af or prior iQ an ias�oa sg�ring�asatrab2e catt�e for tl�e insgaction. . , -
<br /> , .r.. ...,x .:`` 10.Cond��.T6e pmoeeds of any'awazd or staim for damages,�or conseqaentiai.ia oarnuectton with ar►y .-
<br /> aandernnation oz otaea taIa�g af a�r part aP the Property�or.for�nveyance in lieu of wnd�mnatton.are 6ereby assigned,attd
<br /> �Y .. shaU be paid to Leude7. . . .
<br /> - • ;•. ; Ie the eveat of a t�atat tatdq�of the PmPertY,the PmcGeds shall6e ap�lied to ti�e s�ms�tted by t�is Soquity Inst�ument, -
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<br /> �': .Y'. . �eth�r or not t��„vvitb a�r exoess paid to Borrower.In tlie�vent.of a gartial�g of the P:ogerty in which tihe fair
<br />' '_��•�� � market value of the Araperry immedi�ei�6efore the tat�r►g is equat to or greater than the amnaat of the sams secvred by t6is -
<br /> ;; 3ecuritY Insor+maent ir.�diate3y 6efioie t6e taking,anless Bornawer and Lender otllelvvise agt�in writing,thc sams secated hy
<br /> '. �. •..,,,;;'' this Seauity Inso�va�sLall 6e redaoed hy the amount of the pmoe�ds maltiplied by t6e followiag 5action: (a)tAe Wtal =
<br /> _ °.,_<.' 2mo�mt of the su�s SPCia�ed immarl�at�•1y before the talcillP,.divided bq(bI the fair masket value of the Pt�pe�t�immedia2eiy
<br /> � r: ' ' before the tal�n�g. Qalaace shalt 6e paid t�Eorrawer. L�tt�e evea�t of a parfi�l.Eat�ng of the Praperty'in a6lc�the 6ir
<br /> ` ': , . rnarket value of the�immediately 6eforet#�e tak�ag i�less thati the amo�t of the sums secumd immediately 6efoie the �
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<br /> tt ��`� �F'�� .:_ tai�&uatess Eormcre�.and I,end�othawise agree in�or uNess appticable taw othezwise provides>the proa�s shutl .
<br /> t� r��,�`t�c�� � be applIed to the s�ams seeured Dy tk;.s��ec�ity Insiiuraent wl�aher or aot the sams ate then due.I ..,.� , -
<br /> ����,�r�� . If t6e Property is a�amdon�C;�Iitrrrow�r.�r a€.a�ez nat�ce by 1�nder w Bnmower that tfle oondemuar offe�s�o maice an � F
<br /> � �s� '' award or seule a cfaia�for 4
<br /> . ,,<,...• daznsges.Bojco�fa�s to respond to Lender~vithin 30 days after the date the aotice is given, �:,
<br /> ��t. : I.eader is anthori�d tocottect and appty t6e�s,at its tron,either to resWration or of the . �
<br /> .:;�.tt, : aP� r e p a a P m p e n y or to:th e s u a r s
<br /> =: �:;-"�:. secured 6y this Sewrity I1�sotument�whether or not t�en due.: _ -
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<br /> �,�f Unless I�rtdec a�Eor�rowerotheraise agree in writi�,�anY aPPlicadon of proceeds to prindpai shall'nQr�.� ' ;� .
<br /> =- `. Qosqzodoe tiie due date o€ti�e montQlY PaYm�s refemed to in� 1�1 and 2 or c - .: � � � .Y�
<br /> . • ��'; ; �P Uange the amouat of suc6 paq� :•:,:, . ,.
<br /> �E�.Barrow�Na�Released;Forbearance By I.ender Not a Waiver.Bxtension of the time for � ;.,, , � _
<br /> ; � a�iirtization of7H?e srr�seeure�by Wis Secarity FnsWmem ted Len �t or t�r`' ;y�`�un• 'i, ' --
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<br /> �' :} � Y �ef 8er[fr-.�t��8alt -�`��,-
<br /> � � not�te to relesse.�e liabitity of the origiaai Borrower os Bo�rower'a s�e�so�s i��t����=�flt'.be�nq�w
<br /> .�„ .'•1 � �c�tt±trti^r,�:w �� —
<br /> _ �t,;: ;.::,'., P��1�8g�.a�u��essnr in interest m r�fiut w extead time far '
<br /> :F.;:;r �; �'djl�Bilt O!OI�iCfAtISO LTIO('ti�l � p� -
<br />_ .,1��#` :�� of th��°sums s�6J+ �s �a�snt by mason of aay demand made 6y the originai.�ot�,�.or�$bmuwer's =
<br /> � �; �;�:�,,�snccessois in interest.A�y for�i�iiy��n eaercising'any rig6t or remedy sball not be a w�iv���ar preclude the
<br /> '�� ' ;� , ., exenise of any ri;int os t��d ' . ; . ' - -
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<br /> . $ ` �12.srr�s�s a��!pissigr��3�d;Jo�tt ana severat.Ltalssuty; Co�gners. TFic covenanrs eaa�� � b�tbis�
<br /> � ' SecurttY Instcuraent s1�all biad m:��enefit the suocessols aa�.�si �,
<br /> ' ��� gns of Lender aud Bormwer, subject to the p�roBS,"r��ps o�
<br /> �i: �� " ' . ;;� paragraph 17. Bornnv,er's eovenaatg and agreements shaU be.�laint end seveiat. My.Borrower who co-sign.c this',�i�ty; ' -
<br /> • �.,, .�'�: �nment bnt does not exeeute tQe Note: ta)is oo-sig�ng this Secarity instr�uuent only W mortgage.grant and coriv�r that �
<br /> Borrotver's' terest.ia the :,`��
<br /> iq property under t1�e termv of this.Security�nsteument;.(b)is not getsonally obligated to pay th'e sams' `�� .�' _
<br />_ .. . ;',� secured by this Secarity 7nsWment;and(c)ag�es that Lender and an}+ot�et Bor�wer may agme ta extend, ;forbear or �� --�-
<br /> ��•; . '��:. �,:� make any aa�mm�dations cuich regard to the terrns of thia S�urity Insuoment or the Note without ihat Borrowraer�'s��conseat. —
<br /> �' ' �� 13 LaAa CBaag�.If the loast secared'by this S�curiry Iu�ument is su6ject to a law which seis maximum loan�charges,
<br /> �;'�•�"r�i',: ..;.? � ! and that law is finally inteipreted sr��.yat the Interest ar a►her�[van ctiarges eallect�or w be callected'in wnnociioa witt�the
<br /> ':�'t��i';;..-�. �
<br /> ;`;y�`.7��. . : ,'�;� .. . loan eace�d the pemuitted limits,then:(a)ar►Y.so'rcia l.osu cflarge.�sttaU 6e re�u,r.ed by the amount.necessary to red�ce the ebarge . _
<br /> ����{��. � :: { to the gerrniteed limit;and(D}any sums atread���ed&a�.•�3orrower wtri�exceeded gemaitted timits will be refmtded to -
<br /> „�"y;X '.-:.i Bonower. Lender may choose[o,�e�this refinnd by red����sife prtncipat owed ander the Note or bY maldng t��d.irect -
<br /> ` `�'1 PaY�`,t=f�.$Dit+Dwe[. If a refue� reQ�tces rinci al the partial prepayment wIthout aa
<br /> �;�1;�}�� �� P P .. .�d�,:^�on`wlll .be tre�ated as a �... -
<br /> � +r��.� � �-� P�aY��cfiarge uader�he�Jo:e.' y ---
<br /> y �� � �. � � 1�.��3l�Cp9. � 110tIce t0 BOITOWC!
<br /> +� � : : ,, !��' provided for iu this S�ity InsWa�nt shall be given by delivering It or by iaailing �
<br />- :;�y.'r . , . .:i it by first ctzss mai[�s appHcable law•requires use of anott�methad.The aottce shall be dintixed to the Pmperty'Add�ss �,.. .
<br /> ..;�s��iT:.�• . ;. { or any q�Yer addregs$orcower d�:gnates by notice to I��,qpy.noHce to I.e1Wer shali be given by first c1asS mai) tu
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<br /> ';��;���_::V �� Leader's�dress stated hetiein or a*�r other address Leuder dESi,�tates by notioe W Boaower.Any nodce provtded for in this -
<br /> .. .:� Securiry Listrum�nt shalt be deeme�t t��have been g�ven to Borrc�wer or Lender when given as provided in this para�naph. ��'
<br /> 1S.Governtn� F,a.vi; Sgverabiliq►. This Sec�rIty instnunent sha11 6e govemed by federal law�end the law of the —.�
<br /> � . `.� Jurisdiction in a6tch tii�Froperty is located:In the event that.atry provision or clsuse of this Seauity�astnu�nt or the Note °--'
<br /> ,.:. . wnflicts wi{h agplicable iaw.suc�cc�t]ict shall noi atffect othet�rovisions of this Security��txument or the Note whisit.can Ge ��
<br /> .j�,y'�y. - given dr�it,�+Sthout the conflicting��avision.To tlus end th: '�;r1c.-�sions of this Secusity Is�tx�nent arcd r�e Note a��i�cFaffed e=_>_
<br /> ';�,�;s�•:.•��.. to be se���G^e. • . �-
<br /> . . 16.Borrower's � ' . . • , �"�
<br /> . �ay�y.Borrower shaU be given one oonfer�ed cA;py of the Note and of this Securitp�,t�;ment. ' . �T
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