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<br />"_�_w'f, menta m�►y no lop�er baroquired�at tha optlon otLeader�if mort���e Inauranca cov�eei�nd��bt�i�ed Borrawor rhall pRy
<br /> -",��'�+� t�h�t l�cuder roquiros)Provfded by an in�urer a�proved by L.a►der�Qafn boco�r�+�vdl�bl ---
<br /> �� � the promlurtu roquirod to m�intain morta��e inrurance in effxt,or to pro�ide�loa raert+e�undl the requirement for mortg�ge
<br /> � �' ineuru�ce endy in Rcc�rdance with�nY Wdtten t�reemant b�t�v'an Fion'°wer and Lc+ider or�ppliable law. F_-_--
<br /> �, � L.ender shdl ive _
<br /> 9. l�sspectlun. Lender or it��gent cn�y m+�ka roa�oaable entrtes upon�nd inspection�of the Pwparty. 6 --
<br /> ' � Borrowor aodce at tha timo of or prior tu an iinspaction epocifytag re�onable cawe for tho iaspation• _
<br /> 10. Cundamnwtbn•'Ihe procoode of�ny wwud or ela�m for d�►aees� dlrecQ�� �ouse9ueQtiil. in connxtioa witb anY —
<br /> �'t� '"'� condomn�tton or othor t�king of�ny put of the Pcoperty� or for coaveysnco in lieu of conde�mn:tion. +u'e b°KbY+�j8p0d"IId _
<br /> aball be pald to Lender.
<br /> - Ia the event of s tot�l t�kIug of tho Propetty, the proeeeds ch�ll be spplled to the�um�recuraJ by thia Securlry Instn�mGnt, �-
<br /> a� of the Pt�o in which the fair
<br /> whether or aot then due. wlth any exces� p�ed to Borrower. i�the eveat of R partia�twkiaB P°�Y
<br /> ::��� market vdue of the Property immediately before tho taking ia eqwil to or gceater th�n t6e�rnount of the eums socurod by thie
<br /> "- Security Instrumu►t immediRtely beforo the taking,un.lau Borwwer�ad Lender othetwiee�gr�e ln Wn�inB.eh°�u°�e��by
<br /> � thie Security Instn►cixr►t �hall bo reduced by the unauat of the procoeds multiplied by tho following fnoa'�on. ���'a=e�
<br /> ' amaunt of the sume eecund �wnedl�toly beforo the taking, divided by (b) the falr markot vdue of the Pra rty Y
<br /> = before the taking. Any bd�nce e6�11 be P+dd to Borrower. In the evoat of a pRrtid ta�cin8 of tt�e Pt�F�m' �which the fair
<br /> `�;"..:� ' mericet v�lue of the Propetey immediately beforo t6e Wctng ie les�thau the amount of the eusn+securod immodiately before the
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<br /> •.r::,. t�king, unles,+Borrawor wd l..�ader othorwise agrea in writiag or unless applica�blo I�w othenvise pmvides,tho proceal9 6h
<br /> i ' _�;� ' bo Rpplied to the sums eocurec!by this Security Iastniment whethor or not the suuu an thea due,
<br /> �a��"'''i� If tho PropeRy ie ab�adoned by Borrower, or tf. after notico by Lcnder to Borrow�r that�he condomnar offers to mako an
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<br /> __,�.`,y,t tiwud or settlo a clalm 1�r du�ge.+. BorroWer fdls to respond to Lcnder within 30 d�ye �ftes the d+de U►e no f�i�v�en�,
<br />=;°�,r.� Lendor ie authorizal to collact and apply the procada.�t ita opdon,oither to restontioa or rep�tr of the Properiy
<br />.'_V:��. eecucod by thio Secuaty lwtrument.wbether or uat thea due.
<br /> '�`°�.� Unlesa Lender�nd Borrower otherwieo agroe in�+d�tn8� +mY �PPU��on of proaede co Priu�iP� �1 not extrnd or
<br /> ,•.•- � postpona the dua dste af the monthlY paYmenu referced to in pua�raP6s 1 u►d 2 or c6wge the�wunt of sueh paymeats.
<br /> — 11.Borrowa' Not Rdeased;Forbasran�,'e B�'Lenda'Not a WR[�u'•F��+ioa of the time for paymwt or madificatioa
<br /> �."`-`r:w _ of amortiutioa of tl�e ewm secu�d by this Securily�s�°t gr°°tod by Lender ta�ay suactesor in interest of Borrower eludl
<br /> •f_;;,� not opeate to release the liability of the ariginal Borrower or Borrower's successors in intarat. I.�endar ah�ll not ba�quir�d to
<br /> --_-- commeoce proceodings a�in�t�ny successor in interest or mf»se tn extend time for pay+uicat or ot6erwise modify wnwrtizatton
<br /> _.-r,,.--= of the sums secuted by this Socurity Inshvmeat by roason of wy deaund m�de b�aotaba a wuv r of orrprecl d°the
<br /> --_-- succe�won in iuterest. Any forbearance by Lender iu exercising any rig6t or nmedy
<br /> uµ_.� oxerciee of�ny rigtit or nmody. .�Q,;ov���d agreuoeata of ttae
<br /> • ::. �t��zs�d�►«�na Sound; Joint and Se�eral Lixbiltty; Co�i�na's• siQns of
<br /> --_--- Secutity Instru�xat�6all bind urd benefit the succea+ors�ad �estgns of Lender � borrawar,si:�joai ta tha Y..::3
<br /> W�'+S�Ph 17. Borrower's covenante and agreemeate ehall be joint md seventl. Any Bom�wer who co-s'lt�nd conve ihat
<br /> �� Instrumcnt but doe�not eaecute the Note: (t) ia co-signin8 thi�SecuritY InstNmen�o�1y =0 m0��' �� ��
<br /> � Borcower'�intecest in the Propeety under tbe term�of this Socurity In�shumeat;(b)i� not penomlly b�qa P�Y
<br /> __ eocurod by thio Secwlty Insttumeat;�ad(c)agroa that I�euder aad wy other Bon+ower m�y+gree to extead� modify.farbar or
<br /> - -___ �Q�y��ion�with ngud to the teann�of thia Security In�t or We Note wi�haut that Borrower'g canseat.
<br /> 13.Lwn Cta*rses.If the loan eocurecl by�hie Secwic3'1ns�um°°t ie subject to a I�w which ecta maxiwuu�tazu ch«rg�.
<br /> __� wd thtt law is finally intnrpnted so that the intettst or other lwn chargw collxtod or to bo collected in�m�� � c�e
<br /> __.__ loan exceed the pe:mitzed limlta.thea: (a)any such loui chargc�e6a11 be raluced by the mount aecessars'
<br /> _ t�the permittod limit; �nd (b)�ay�ums Rl*eady collxted from Borrower wluch exccoded permitted limite wiU be refunded to
<br /> Borrower. Leader may choox w m�ke thie refund by teduaing the principal owod uaaar tLe Noto or by��°8�out ant
<br /> payment to Bon+ower. If a cefund reduces principd, tho reduction will be truted�.s �lx�tial p�Y y
<br /> prepirymeut charga under the Noto. y�b deliverin it or b taWin
<br /> 14.Notlas. Any notice to Borcower provided for in thlo Securlty Inscrumwt ehall be gi Y S Y 8
<br /> it by first clasa m:il unlaa �pplicsble law caquins use of another mcthod.'Iho notica a�a11 be direated to the Propercy Address
<br /> -- or aqy other �ddrea� Borrower deaigi�ates by notice to Lender. Any noace co Lrader s�il be givw by fusc cl�s� mW"fo
<br /> ---- Lender'�addceee ahtod herein or any other Rddass L�nder deaignates by notice W Borrowa• AnY notice provided for in this
<br /> Securlty Instrum�at ahall be deemed to have boea givea to Borrower or Leader whea givw s+provided in this puagnph.
<br /> l5.Go�anini Latv; Se�erabillty. This Security Instnm�eat s6a11 bo governod by federal law and the Isw of the
<br /> juri�diction in which tho Pcoperty is located. In the event ttut any provision or cl�uso of thls Security Instsumeat or the Note
<br /> conflicts with appllcablo law,such wnflict shsll not affect other provisions of this Socurity Instn►meat or tha Nota which can be
<br />____ — _ given effxt without the confliating provision. To tbie ead the provisione of thie Socurity Instn�mcat aad the Note ue dxlual
<br /> to be sevenble.
<br /> __-� 16.Bonrowier's Copy.Borrower shall be given one conformod copy of tho Note and of this Secur3ty instnimeat•
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