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<br /> � payments may n�longer be requu�d.as the optiun of Lender,if mortgaae in;uiance ccnerage(in the amount and far ttre�riad
<br /> , �.`��.;� tl�.�t Lens�er r�quires)pmvided byr an inwrer approved tny Lendcr again becornes a�aiL�bie and is obtunod.�urrower shat2 Qay �_ '�`
<br /> �'���-�"y�;,�`.;. ":s• . t$e pretrtiumc required to taaintaire mortgage inswanse in effert,or ta pmvide a loss resecve,until thr cequitement for mortg�ge
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<br /> ' in,suraace eQds in aaorda�uY with any writtea agreement betwcen Borco�s•cr and ixad�or appiicable ta�v.
<br /> . ' 9.IOSgect�on.I.end�r ur it�agent may matce rensonabte enuics upon and inspertions of tlt�:Progetty- Lender sk�lE give ,
<br /> � '. Borrower natice at the time of or prior to an inspection sFecifying r�ssonable cause for the iz�pection. y�
<br /> : ', ���t� 10 Condemaattan.'Fhe proceeds of any award or ctaim fos damages.dimce or consequentiaF. in ponne�nsr�,witit uny � � �.
<br /> • • .' condemnation or other ta&ing of any pact of the Froperty.or for rnnveyastce in lieu of cunden�natiou,are hereBy as�g�te�f and � '
<br /> .. ` ""` shatt 6e paid to Lender. �
<br /> ,_ . .. .` �,„�. '�'
<br /> � In the event of a total taking of the Propeny.the prace�ds shall be appiied to the svms securcd by this Security Instntrttem.
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<br /> ��'�-��.-�•°—'�� whe�her or not then due,arit6 any excess paid to Bormwer. In the event of a pa►va[ takirtg of the Property in which the fanc
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<br /> ;`--:;°`="`";�.-�, mm�6et vatue of tlie Property immedSateiq befflre dic ta�ssng is equu�to or g�uer ttss3n the amo�t of the wms secured hy this '°`:?_
<br /> {i.�; Securitg[nstcwnent immediately lsefare the taking,unless Borrowei and Lender otherwise agtee in writing.the sums secure�by �' '>
<br /> ` . ;;'-;.�: this Securiry Insmiment shall be reduced by the amourn of the pmcc�s multiplied by the following fiaetion: (al ths tatnl �,:.::•
<br /> -- .,`!y. amount of the sums sacured immediately before the taking, divided by(b)the fair marlcei walue of tAe Praperty immediatety, i -r�
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<br /> �. • --- =',�.� bef�t�the taking. Any balance sha116e paid to Bnrmwer. Ia the eveni'of a pattiul taking ot the Ptope�ty in which the fair
<br /> •�. � _ . �-�scalue of the Pnoperty imme,�liately 6efa�e the taking is less than the amauni of the sums secured immediate[y,,bei'ore the •:
<br /> . = .: t�n�,..:nless Bamnwer and Le�tder otheRVise agzee in writing or unless applic�ltle im�atttenvisc provides.the pmcceds shall
<br /> F �' . be a�ii�to the��uns secured by this Securiry L�stnunem whether or ant.the sums aze then due. �
<br /> �%'. • • If the P�is abandoned by Borrmver,or if,atier notice by I.ender to 8arrowa tteat the condemnor offeis to make an. 4
<br />, ,;,,;;.•; .,.._ `• ; awanl or settle'¢.:�aim for damages. 8ar�ower faiis to r�ond to I.ender witlun 3�days after rhe dut$tlie aouce is giv�n. � i
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<br />::���'• = '` , ` l.endet is authorized to wllecta�►i'apply the pmceads.at�its option,either to restoraumn or repair of the Prop�tic or tn the sums ';;,:�.
<br /> �:;�:'. `�{ • seci�.red b this Securit Ipsctumefa�.whether or nat th�dt:�,
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<br /> . •.�::�,•�:;'.,r...,_::;: l�ration oi meeeds to dnci shaf,l not extend or "•;''�,�
<br /> _. �. .:�inless Lendea and Barrower aiherwise agree in writing, an3► aPP P P P�
<br /> ' ���"`' ;''�- ' � , p+�zqne the das date of the monthly payments refereed to in paragxaphs 1 and 2 or cl�nge the Anaount of such pay�rts. _'`''
<br /> � • - :,�,, _;�i.Borrower l�tot Rdcased;Fosbearance By�eadrr Not a Waiver.Exteasion of the ame for payment or:l�i3fiption
<br /> - ', �n4�c;�iaxizadorr of the sums secu�ed by tbis Securiry Insmim�nt granted by'Lea�r to azry suceessor in jnterest of�iasa��2r`sha11
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<br /> nc�+�rate to release the liab�liry of the original8orrower�Borro�ver s succe.5sots in inte�est. Lender shall n.at I��red to
<br /> • ;;;� .. �:.�ce piuceedings againtt any successor in•interest or re�iue to extend time for payment or othera+ise moQc�:�e�,�tivn �� .
<br /> rt ,. _ r' `'� of th� sams s�cu+� 6y this Securiry Insdument by r�ason of any+ ��nd made by the origia�3armwer u�.��t�s;�..'s..;
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<br /> - .;�`� successors m�s. My forbearance by Lender m e�tere�smg aTry�z�gfi�t=ar remeJy sda!! not be a wsivei.of ar p�eciu�zfi�e":(•:�
<br /> . r� eaerrsse of as�;�,�u�;or nar�Y•. . -� - ' . f-�. �, , ��
<br /> t ' " '6'�'., Suca�iii"s and �.Boun�doint and See�i.�;�;tb-siga� �"�te cov�nes a�.��s of dus� ,
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<br /> ;�, ''� ' Se�i�'•I�tdti�;;sf�aU 6itr3•aird benefit the successors�d'assigus.,ia��:L2ndet�d�Eht�nwer,s�4�ssf'+�ac�r�stons rc.+£;,:
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<br /> ' ` �r-il: °:�'�, pa�agraph E?. �;asower's�oovenants and agnetnedts shall.be jmnt�.'SAQesal,:'��BoiruweE���a•��g1�.��f}i3s Se�urc?�:. `: �"^'
<br /> " �i L�strument but��oes not execuie the Note:{a)�is co-signing tliis S�aty°lC�me�r.anlY to mdr��.p�ant�u.�onveydr�t� • ..
<br /> �,,,;.,;` � �;� � �rrower s imerest in the Property under ths terms of�tsis��curity In's`'.ruu�int: (b).{s'3id�.Persotmlly obligste�as 2�y the Sl�ms �,,
<br /> `%j se�red bY this Security Insttutnrnt;and(c)aSr�es that�:e�r and any other Bdrrac�s�sa}:a8ree to eatend.�:;forbear or , � .
<br /> r 'r tf .4.�. .�r:.S .�'� n!alce any acaommodations witFi segarci to 4he•terms oi this�S'ecurity Instmrrieiit or th3�:���'#+vithoui tfnt�onov�'�ac+iisent. - -
<br /> ;;:..�.,ti � 13.Loan Chacgcs.If the taan secuta�'1�y this Security ia5uum:nl�is subject to ataw whie���'s�maxim�i�"inan charges., __.
<br /> ; . and that law is fi�ralty intecpretod so that tti9`Ir�terest or other loan cHntges mltected or to be oor��-f in oonn�tion with the • �.,,Y';
<br /> . � ' • loan exceed the pemntted iimis, then:(a)any such loan cttarge shall be reduced by the amount necessary to teduce the charge � ;;��o,
<br /> .. . . to tlte permitted limit:and(�,1:a�y sums already oollected�frnm Borrower which eaeeedEd permitted limits will be refunded to ' ____
<br /> � • � 8a�rower. L.ender may cho��:ti�m3[ce this refund by reducing the principal owed'under th3 NotC Ot by making a dit�OCt ____=
<br /> '!�' payment to Borrower. If a refitnd reduces principal: tho roduction will b� treate6 as a pci�tlal�prepayment wiWout any __=_
<br /> prepayment charge under the Note. � �
<br /> ���,, �- 14.Notices.Any notix do:Borrower provided#'os in�his Se¢urity Instrument sha116e given by defivering it or by ma�ing .. �,__
<br /> �:sl�:;_ •. . i��ti,�}�rst clags mail untess�4'�;�able!aw requires use Qf,�so2her method.The notice sh.a11 be directed to th2 Pie�rty Add�ess
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<br /> ;r�` ; :,• a�;uav other address Borro�(.c��u�e.cignates by notice to�der. Any rtotice to Lender shall be given by fi�s,•+cls$s mail to
<br /> .� L'e�i.''er's add'a�5s��s.t�ted herein oY any other addtess Lender desig�tes by notice to Bortower. Any.notice provi$i�i for in this *
<br /> ' � `,_�;, Security lastjip:�ti�shall be dcemed to Aal��wten given to BoTrower or l.ender when given as provided in this paragraph. �"�u_
<br /> =. .�'�'�" ' 15.:Cov� 1.aw; Severabllity. This Security Insttument shall be govemed by federal law and the law of the �
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<br /> • , jusisdiction in which the Ptt�*�ecty is tocated.In tiie event that any provision or clause of this Jecurity Instrument or the IVote
<br />= . �:� �,:�• � ,�µ�l{���app�{�Ie lav�z yt�h oonflict shalf not affaM other.provisions of this Security Instrument or the Note which can be �.�'_•:
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<br /> , ;��;' g}�en effect without the canfi�r.'�Q':ng provfsi�,To this end the pmvisions of this Security I�trumet►t aitd the Not�are deciaco�, _-
<br /> .. . ., tn be severable. `•. �. . , ; .�, .
<br /> . ' . ' ; ," � 16.Bormwer's Copy.Borrower st��e given one oonformed copy of the Note and of th+s 9�aa��nswment.
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