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<br /> ' ' '��`' paymertis may ao tonger be r�qnite�.ai the option of i.ender.if martgage insutsnce rnverage(in the am5unt and for the pertod
<br /> . • : ;{._;k that Lender requires)provided by an ir�surer apprc�ve�6y t.ender again becomcs avaifable and is obtained.Borrower shall pay
<br /> _ the premiums requiteii to maintain atort�ge icuurancr in effect.or to provide a toss reserve.until the reqniremerti for mortgage - ,
<br /> insw�nce a►ds in ecmordance with any written ag�ment beta�een Borrower and Lendes or appticabte taw. �F°
<br /> • - 4. I �tion. I.ender or its ent may maice r+easanable emries o n and i �`' � .
<br /> . esp ag po nspections of the Property.Lender shali give
<br /> • °�� � Barrua�er notice at the time of or priar to�.infpecKian specifying�easotuzble cause for,the inypection.
<br /> �. , . 10. Coademtuition.:lt►o prooeeds of any awaN mr claim for damages,direct or conseyuentiat.in connectinn with any
<br /> � � ooademnation or olher taking of any part of the Proprtty,or for oameyunce in lieu of wademaatian.are hereby assigned and �,�.`
<br /> � shall be paid to ixnder.
<br /> � 1n the event of a totW tatcin�of the Propecty.the proceeds shall6e applied to the sums sec�red by thia Securiry Instntment.
<br /> _ _ _• whetiter ar not then due, with uny exsess paid to Sorrower. In ti�e event of a partiat taking of the Property in which the fair
<br />_ `_�.�r�_��.:`� rtwr&et vulua of the Propetty.immediatety before the taking is equal to or grc�ter,thsn.the amflunt of the sums secured hy ttus . � _
<br /> � � Secudty lnstrument immediAtely befure the taking.anters�ormwer and Lender otheiwi.5e agree in wrtting.the sums secured by °
<br /> ' � this Sezudty instruraent shalf he nedaced by the amaunt of the prooeais mulupliad by the following fraction: (a) the total . �' �
<br />_. ._ ;`.; amaunt of the sams secured immcdia2$ty brfor�the taking.divided by(b?tAe fair martret valae of ttie Pmperty immediatety � ' .�;..
<br /> _.. `... ... = 6efota the tuking.Any bataitce sha11.be paid to Bnrrnwer. 1n the event of a partiat taldng af the Propertp.in,wiuch the fah "�;`
<br /> • ,�� mprhet vaSuc of ehe Propeny immediutety before ttt:tnkbng is tess than the amount of the sutns secured immedi3tely brfore the ��';.'
<br /> taking.uniess Borrower and Lender otherwise ag�ee i»writing or�cnless t�ppticable law otherwise grovides,the proce�ds shall r,.`_`-:
<br /> : '" be appliod w the sums secured bx this Security instru�nem whether or.not the sums are tiien due. ' "f��"`:
<br /> , , _�:.� If the Praperty i�abandan�by�ornower.ur if,ufter notice by Lender to Barrowerthat the condeninor offers to make an �
<br /> , award os settie a claim far damages. Borrower fails ao r�es�nd ta Lender within 30 days after We date We nntic� is given. ���"��
<br /> � '•%��.`: Lender is�authorized ta rbll�t wld apply the prc�ceeds,af its option.eithet to resfotation or repair•of tfne E�v or to the sums �,L"
<br /> PertY �,- s;.`.
<br /> . � . ��' see�red Iry this Security Insnrnment,whether or not tde,e due. ,. ,'::,'-��
<br /> . : �>: Unless Lrnder and Borrower atherwixe agree irt•writing. any�appUratien of pmceeds tn p�iacipal shall ant�xtead or �::�.� `
<br /> •: .° ':: ;�`'I�; postpane the dve date of the monthl '
<br /> _ .c_-„z��, y paym�ts iefemd to in paragaphs 1 and 2 or char�ge the amuiaui of such paymenis.
<br /> '"•� ' .-:;�.,r�:; 11.Bort�taec Nof Rr.leased;Forbear.�tce B}�Le�tdet Not a Waiver.�Rension af the tirae fa�paymeat or modifcation .��_
<br /> _ _ ..__.��"` ef amortirdtion of the swris seeured by this Security•Instntmeat granted by[.ender ta any successor in iatenest c�F3�ower shal! � , • ��"`~
<br /> ,:�:� „ .. not operate to release the tiafiitity of the original Borrov�et.or Borrower's successor�i�t interest. L�n�er shall.�d f3r Eequired to
<br /> cammence pr�aceedings against ai►y suocessor in intetest or Iefuse to extend time fnrg�ment or.�tk.-nvise m��5niartization •.'"'.
<br /> . .. , . �_ .�.,.� of the sums savmd by this 5ecurity Instrument by reason•of auy. demand mada by.the aim�,-�ia! Borrower or Borrower's �
<br /> �,.�... �. � sucsessors ia int�si. Any.fur6eaiance 6y l.encle�in exetrising att,�.crghi or reinedu.shall �ot be a waiver of ar preclude tf�e ' • -
<br /> � `�;� exetcise of acty sight ar namedy. .;
<br />, :;. ti. �c i2. Snccessois asd Assi,gns Bosutd;Joini and Several Lia6iiitq:C�.'The covemaants and agre�nents of ttris .i
<br />_ -:::�:,cr•. .•,'. ' , Secur►t�'.Ic�strument shaiE �ic,i and benefit the suceessa�and asssgns ol Ler.der��Borrower. su�ject to t�e-.provisions of ':}`�.
<br /> ,%`'; :�,• :` paragraph 17,'8nrrower's��venants and ageemeats shafl be joint and.seve�ai.`�ry Borr3ger:who co-si�QSS Ws 5en�rity '�
<br /> �'' Inson►ment but does not ea�vte the Note: (a) is co-signins this Secvrity tns �v. ae. ey
<br /> ` ° �,•> ro uum.,°e��enlY qv_ �`�a gca�a�d bonv that ��
<br /> �.�q., . Bo;rotiver's interest in the t�?i?� under the tem�s of this Seaui Insuvment;(b�;las utai• �
<br /> '��r, � , �nY tY pe�„'��'•:.�t1i�,.'�`w tt�.pay the sums
<br /> ,a��� � ' . • . seo�red by this Securitv P,�:qt:a��nr,and(c)agrees ti�t L�tpader anti any other Borrr,�d, am� .-�
<br /> , r{:., ag;'�:�",=•,�xt�1''.: �ify,forbearar �
<br /> ' 'S;,�..r ��. �snY accn?�m,adat�e�i'"vd�';c-'��rd t°tlte terms.nf ti�Is�:S�curity instnamenl or ttt;,�Tnta witttpi;�tr�:'BpIlC3tYvTyS COILSCIIt. .
<br /> ; , ., �.jz`��� ;s�:.� �,a,�iCb�'ges.�{�e�<luan s�;bp this 5ec�r1 Instaanaviu,is subject to a law wFs��fi ta�:'�maximum loan charges.
<br /> �" �`; 'T� ��rid�t�t r7�u ��-,F�aaHY inte�S�arad so thai�'.�ie interest or other to�:�cc��collected or to be ec��'�ted in wnnection with the
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<br /> • �", �t�is i�'ztepe��Fae:��'t�itted�:.zbEits.then:(a)any sucb loan�chargg's�)pe're�luced by the amaunt neczssary to reduce the charge _
<br /> ' �' . ��rt.hr�;pec�ititt�ii limit:an�•Yk;rerry sums already co[1���`z�m Borr'ower which exceeded permitte,td limiu wlll�be refunded w -
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<br /> �. .; :� . � '�, ��wer. �l.ender may chaose to make this ref�nd.:6�.sreducing the principaJ owed under tlte Note or by t,a�ldng a direct �, _ ::
<br /> , r�?r`��� � en� to Borrower. If a refi�nd reduoes r�c��;'� crducpon will be,treated as a partial prepayment a7thout any
<br /> .. �� �.� Q81`� ��� -
<br /> �r : � :•, . �repaYtneM char8e under the Nate. •;�� ,��• � . i
<br /> �� 14.Notdses.Any notice to Borrower pravide��`�c ct�.L�is Security Inst�ument shall be given by delivering:it or by mailing
<br /> �°•`�` ,3x�s.y,first eta�s mail wiless a�plicable law requires tis,��aEaanother method.The aa�i�.shall be directed ro the pibpeny Address ' _'�°}"t•
<br /> *,�'t:. .. �oa+:any other address Bon�c�wser designates by notice 4tas;'�der. My noGce tu �cs shall be„given by�fiisit class mail w �
<br /> ;. � i.ti�nder's address st�ed herei�ibr any other address Y.�t1a�t�designatea'6y notice v,s�l�r`�wet..��9,'s,�;�tutice provided for in this ` 1�'�
<br />_ .,.;,,. ". • �'. �Securiry tn.s�s�rent shall be�ieGmed to hs�c��een given to Borrowrtr.+,�,T�der w9�eir�vea as pmv�ded in this paragrapl�-
<br /> , "..�'" ' ' 15.C�,��ei+n�g Law;;•_�Ever�biltty:�"fihis Security Instrum�art.;,��t be gvr�„°rned by federal law and the !aw of tAe .
<br /> . ,,,�:,sdiction�,ufiich the Fr,�pe*,;y i�tacatetl.In the eveat that arry pr��t.�t''i�."on or!L1eL:t�,of this Securityr inswmem or the Note
<br /> • � ccr.i.�'�icts ai�tt apklicable ta�„�.�cF�eoMict shall not affect other provisiansaf��rc'�S'�a,i:�,-.�y Instrument or the 1Vote whish can be ��„
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<br /> .� ' i,�• . ��vs�efferi;�a;�nut the carifiitting p�viekan.To this end the pravisic►as of cPus�p."�y Instwnent amd the Note are decl�d <<
<br /> ;,���;� ' to be seve�hrt�: � . ; . � .
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<br /> .. ;, ,..,,*; ' 16 Ba�x�sqer's Copy.Borrou r st'�{b�Yre given one rnnformed c�py of th�Nn�s�nd of tl�is Security Instnunent. s �1'{,
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