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<br /> •!.�'��',; :` �� 03Y��Y nn toager be teqain�d.at the oprion o€Le�der.if mortgagt ansucam�e ootera�t tin thc aatsaunt and Eor the periad ,,t•,
<br /> � . `�r. that t�cr.det requims)pmvidcd by an insurer appmced by Lendcr ugain t�co�s a.ailable and is ubtsaiaotd.Boisow�er tihal{pay ����", "
<br /> � ��� `• � the pt�minms roquined to maintain�rtort�age insurance in eifect.or to pro�ide�loss reserve.untii dir n�iremeat for fi,nrtg:�e :�.
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<br /> ` `A',3:.:�' � :.�. ��; insuranre ends in accord�nre with any wcittea agreemertt t+e�a�een Borroa•es anci i�ender or�pplicable IaH. ;:"• �..
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<br /> t�' '` -- °t 9.in.apecttoa.I.eRdcr or its agent may c�s�Ce reasanabie eiuries npon and inspections of thc Pmpertyr. Lec�ls�t sts�l grit +�'':�-i�>:�:
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<br /> Borrouer aatice at tite time��f ur prior tu ar►inspe�tiion a�eeifying�asonable cause for tAe inspection. ^F.;,:,.-;
<br /> �.� � IQ.C�ndemnatton.The proceeds of at►y av►ard ar claim Cor damages. direct ��r.�anseq�entiai. in�•unnectina c►itb any �-: �
<br /> ` : �` � wndemnation ur oih�r taking nf any put of ths Pmpert3.or for cnaveya�ue in lieu of��oudemnation.are hea'by acsigaed and ,
<br /> .i -`' shal3 be paid to lrcrder. "`
<br /> ? r�„c,.t`� ln tftc ecent of a to�al taking of the Pmperty.the pnoc�vds shail be apptiod te tlte xurt�s�cue�ed by t13i�S�riry Mstrument. �;
<br /> ,,�J . ._,;f(, . , wi��ther or not thrn d�e. a-ith any e-�oess paid to Bflrcot�Yr. In the etent of a partial teiiag of thr Prc>peny in uhich che fair
<br /> . - - martcet calue of th�Propetty�mmediatelY befvre ttta tak�°g as e4 u a 1�o ur g re a ter t h a n t h e a mo unt of the sums secuced b y this ,..���
<br /> " _ ��' :�� Secvrity Irtswrt�►t immediately befom the takirsg.anless Bono«er and L�ender othenvise asrec in writing.the sum�s�vmd by � . t::
<br /> --- . •, thi.g Securiry• tnsuumrnt sha11 be re�dtcced by the amount nf We proceeds multiplied by the following fi�ction: (a) th.total -
<br /> . .�.1: amnunt of the sums secured immediately before the tairing.�tivided by(b)the fair�marlcet value of the Property immediately .,.•�
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<br /> �;s�. before the taking. Any balance s6ail be paid to&ir:ow•er. In the event of a partial taking of the Pmperty in �tihich the fair �,'�
<br /> :.'�`��,•�•.`.-x. markei value of the Qropercy immediateiy before the taking is less than the amount of the sums secured immediately before the
<br /> . ,.._ ,:•<f'.�:. taJdng.unless Barn�wer and Lendu athernue agme in writing ar usiless applicable!aw othenvise provides.the procceds sh�l! :••,�:,
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<br /> �' ;�< be applied to the sums secured by this Seauity Insuument whether ar aot the sums are then due. .';�"�•."`
<br /> �,:�r�':.�� •` If the Ptoperty is abandn�d by Borroaer.ar iP,ufUx�totice by Lender to Borro�ver that the mndemnar offers tn makc aa , :�;':�;;r_
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<br /> __ award or settle a claim.for damages. Borrowee fa�'1s ta r��pond to l.crtder within 30 days after the date the notice i�given. ,.,_
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<br /> , • '';4:;: Lender is�thorized to collact and apply ttte praoe�s.at its option.eitherto restoration or repair of the Property ar to thg sums . ;; �.
<br /> �., , ` .. �`� secured by ihis Securiry instnunent.whether ar noi then due.
<br />- •':�.�'. � `°:-:' <UnIess lendes aad Borrower othe�wise ag�e ia areting. any application of prace�ds ta pri�cipat shall not eatend Q,r: . :--
<br /> ^ -� pn�ume the due date af the monthly payments referce.t to in:�aragraphs 1 and 2 or change the amount of sucfi payments• �� �, :
<br /> ;`��' � ��;:�:� �IJI,Borro�cer Hot Released;Forbea�ance By H.endf�r fil'ot a SVaiver.Extension,�uf the time for payment or modiGcaEiou t i;�;
<br /> , ;i�; ; of a�nrtiration of tlte sums sewred by this Security Irr.�uns�it g�anted bY l.ender to a��:aiacessor in inurest of Borrower sAatl �,,,.:
<br /> . .4 a .. ��;Yi• •, �irE apeiate to retease the liability of the original6orraa�er ur Borrowe�s snc+cestors ut,fi�ka�st- Lender shalr not be required to 1 ;'
<br /> ". ;`,�i� � � ¢aicmence prooeedings agaiast any�ucce�o,ff iA interESC or refuse to extend time far �.or odterw�se modify amoriization �
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<br /> , .` :i�, ��'i�7.e sums�secured by triis:5�.�ur4ry. It�c�ntnt by re:r.snn of an}+demand made��tl�original Borrawer or Sonower's �
<br /> =''r� '�%��y�' �`si:c�'ssors in interest. Any£c��ce bY�!����°g�y fi�t or�fy,.sia�11 not be a waiver of or precWde the __
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<br /> �, f���of anY right er re�n,�+iy�; : . .
<br /> ,,,.• ,Co.slgners.The covemdnts and agreemeats of this �y-' -
<br /> ` f l2. Su�s�a?a�As�,,.'�ns Boars�,�sat areiH`�er'a1 Liafii��g', . -.'
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<br /> - .• �..c':. ;,,•;�"�.`, �rity Instrum�irtt:shalf biud�a�d�enef i.�r sucoessdts and assigns��E:ender and Borrower.subject to the provisians of � r.
<br /> "st� � rf ' `� ph 17. Borrower s,c��pants and agrecments shall be jaint ar�.d�veral. Any Borro�ver who co-sigras this Secudry �
<br /> y;�f����j � !f� � .�t 6ut dfles not e���N�Ote: (a)is co-si�this Security Insttuenen�.only w mortgage.gratu�and oanvey that �y�,
<br /> 14 ',, '..�wer's imerest in the Y�e�.�y under the terms of�Ya��urity Instrumen�ibz��,�t Personatly obligatv3 to pay tfie sums �,�� "
<br /> �-��° ro extend.madtfy.foibear ar -
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<br /> . ��'�,� `� . �ei:�red hy this Securiry Instnuitent:and(c)agrces that Lc'�d�er and any otUer HorroK•er may agr�ee ��
<br /> '— •`�1 ,. ruaFce any aocomtnodatiosLS witt�regard to the terms of this Security instrument or the 1Vote�vithwt that Bocrower's oonsent. �,�,.
<br /> � "�i��•�''', • �•'• 13.I,oan Cha�gcs.If ttie loan secured by this Security tnsnvment is subjest to a!aw which sets maximum lo3n charges. �:
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<br /> :.'•S:,. :: . e' ;u3t�that!aw is finally inte�d so that the interest or other loan ciiarges collectsr�ar to be collected in wnnection with U►e _
<br /> ��"r, r t«t;'Ft� �3an exceed the pemutted liar�.then: (a)any such loan ciiarge shall be rodueed�p.t�`t�amount necessary to c+educe the cilarge a.�;�;
<br /> �°,'�!�'��'�:r j�;`;,`1°;'� ��• sums a�ready collecteQ fmm Borrower which e�u�ed permitted t'smits will be refunded to
<br /> : ����� to the permitted limit:and(b)anY • �':.�.
<br /> _ p.�., ,ry:
<br /> .,+•;��:::•..,',r,'� ��°' . Bottower. Lender may choose to make t1� refund by•reducing the principal av'red under the Note or 6y making a uect �,.�..__
<br /> p prepayment withovt an
<br /> • `� payment to Bormwer. 1f te-�:��uad reduoes'principal,,the reduction �vili 6e ec�r•�d as a ardal Y ' `_
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<br /> r ::. �,. pre.payment chatge andect��:��s�:. , , �
<br /> r.';, � 14.Noti�Y�.;An}���.t���orrowe;,�.cavided far i�lyis Secudry In�wmer�s�c��be given by deliveriag it or by maiting �;,
<br /> ° ���'�f�' it by first ciaa�:��uui3�unless����ss�'9d"A f�t:�res use ti��ucother method The notice ahall be direrted to the f�mpa'ty Ad+dress -- -
<br /> •� • ' �''?'S or any other�XtiEfYess.Borrower de"si�'u,�1t�,Ti�natice to l.en der. Any no t ice t o Lender shall �e given by first class mail ta ��...�.
<br /> � • ��`'°� �•°�' Lender's address stated herein or a�ty+ Gfft�.�•;uid�tss 1.ender des�S�tates by notice to Borrower. Aay notioe provided for ia this �__,_.
<br /> , �. ,;S��triiy I�ment stra9j be,*,�.med to ha���ieeri b'�iF'�+?;���'�°�Ower or Lender when given as pr4vided in this paragraph. .
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<br /> � � � � � ` , . ; ,15.�s.r�ng Law�,:.��ii�ttt'abilIty� '�i6.Seafa�lY:;.��suuma�t shatl be govemed by federal law and.the law ofthe �-_
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<br /> �< <•,�. . }u�uui�tchui�:fn�.wlsich�e t�n��sy is lo�s�i�si:.�the��faur tfiat any provision or clause of this Securiry Instnunent or the Nate
<br /> " . 4 " � 4.; ' conilicts+�4i�t�z�pj�i�raUte laa:��h�a��,��°��t not affect other provivrms of this Security Instrument or the Note whici��be ��..
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<br /> `..;,;�;, .4r". '�, given effect'u{Wantt the c�re�ting pror��ii�n.To this end the provisions pf this Security instrument and the Note are Qeclarc�! !
<br /> , . � ;.;�y , to be severabte.. : �. • :. • �
<br /> . ..�;;(« ';:� 16.Borrowee's Gs�ty:rt3btrower shall be given one conformed oopYof the t��t�:and of[his Securiry Instraiment. :"`:
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