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<br /> PaYmcn4g may no longcr bc roquired, at thc tion o�'Lendcr. m _ ������
<br /> op if ongagc insuruna coverago(in th�a�mount and for the period
<br /> thac i�er�der requirw)provlded by an insuncr�pprovod by l.cada ag�in bocomw availabk ond v obte�nod.Borrowu shall pay thn
<br /> premiums requirod to maIrttAlo m�ortgago jnsurances in cffxt,or ta providc a loss reserv�. unW thc requircment for mortgage
<br /> ' u�suranco ends in accordance with any written�greement between Hacowa end L�et�r or a�flkablo law.
<br /> 9•Inspectl�n. I.tinda a its�gent m�ty malce reasonable entrks upon and inspecNons of the Property. L,ender shall give
<br /> uOROWCf 00�` 8I l�tE I�IOE Of!Y Yff�(1�tA 11�1 incfvNtinn cew�ifv ino rv.��n�wh4.. e..����I���......wt....
<br />-- -r' `r-°i—'o'��....�..........��.uw wyw�.vu. �
<br /> 10.Condemnatbn. The nrocoods of any award or clalm far demege�,direce or consequentjaal.In connec8on with any
<br /> condemnadon or other taking of any part of the Property,or for conveyence in lleu of condemnadon,ac+e hueby assigned end
<br /> shaU be paid m Letrdes.
<br /> - In tha event of a tntel taking of the Aroputy,the pcaceafs ahal!be apptied to the swns socuced by this Seeurity Instrument,
<br /> whether or twt lhen due,with any caccess paid w Borrowu.ln �he event of a paNal taking of the Property in�which�he feir msuket
<br /> valu�of the Prnpcety immcdjatcly 6cfora tha tekLig is eqnal w or greatcr than the amount of ufir�wms seciued by thia Secw�ty
<br /> ' Iastrument immodlately txsfam the talcing. uniess Borrowa and Lrndcr otherwlse agree �n wrii�i�ng. the sums sa:�red by this
<br /> Sccurity Insu�ment sf�all be reducod by Ihe amount of the procxds m�iaplied by the following fiacaon:(a)t�e Wtel unount of
<br /> tha sums sxured immediauly before the taking,divided bY (b) tbe faic market value of tLe Pcnperty icnmo�i�tely befon the
<br /> � �8•�Y���be paM to Borrowcr.In the event of a pertial talong of Wa Pcoperry in z+�rich the fair market valuc�!'�tr
<br /> Pmperty 6c�enediately bo1'ore the tak3ng is kss then the amount of c�e sum.s secured immediately before tha taking� unless
<br /> , Borrower and Lender othawLse a�grx in wridng a unkss appllcabLe law otha�wise provldes.tha proceeds shall be applkd to the
<br /> swns secured by tbis Security Instium�t whet�er or not the sums are then due.
<br /> If tthee Proputy is abandonai by Bortowu, or lf.aher nodce by Lender to Bwmwer that the condemnor offus to malco an
<br /> . award a seule a claim for damages,Boirowe�fails tn nsponcl w L.ender wlthin 30 days ak�c ctre date the nodce is given�Len�ler
<br /> � is authacizod to colkct and apply the{�moxods,at its opdon�eiUxr W tesWration or npair af t'hc�'iope:ty or to the sums secured
<br /> - by this Security Inswment,whethcr or not ttaen due.
<br /> ' Unkss Lend�r aad Borrowa otlKraise agcoe in wridng,any app�icadon of pmcaais w principal shaU not eatend or post�e
<br /> tha due date of thc monWly paydunts refarad to in p�ragraphs 1 md 2 or change the amount of soch paymea�u,
<br /> 11.Bormwer Not Releaaed;Forbduanoe By Lendrr Not a Wdver. Eatension of the dme for paymerit or modificaHon
<br /> of a�noidzatlon of the siuns securod by Uiis Sxurity Instrument granted by Lenda to any suo�scx ln iaterest of Bomnwer�q
<br /> - not opvate to releate tha IiabiUry of the origL�al Borrowa or Borran�ner's successors in interest Lender shall not be required to
<br /> , �P��Bs�gainst any succGUOr in intcrest or nfuse to extend time far payment a othawisc moctify amordzation of
<br /> t4e sums socured by�is Securiry Instrwnent by reason of any demand made by she orlginal Borrowa a Bacrowu's successors
<br /> • in ln�.Any forbearanecs by Lender in e�ce�eLsing any dght a remedy shall rrot be a waives crf or perclude the exercLce of any
<br /> ' right or rcmcrly.
<br /> 12.Suceessura and A�igas Bound;Jotmt And Several Liabitit�;Casipiers. 1he covenents and agreunents of this
<br /> Socurity Instrument stwll bind and buatit the successors and assigns of[�ender and Bormwu�, subjecz to the pu�ovL�ions of
<br /> p�8graph 17. Borrower's cova�ants and agrooments shalt be joint and severed. My Bosower who ca-signs tteis Securlty
<br /> • Instruma�t but dow not execute tfie Nok: (a)is co-signing this Sauriry I�suument only to mortgage.graat aud convey that
<br /> � Bamowa's intaest in the Pmpaty unda the terms of this Socunity Instrumen�(b)is not personallY'.�bHBued to pay the sums
<br /> � socund by Ihis Seauiry Inss�uumen�and(c) agrees that I.ender and any aUxr Bormwex may agroe to extend modifY.focbear or
<br /> ' make any accortunodations with regerd W the tams of this Security Insuumait or the Note withart th�t Barowa's c�onsent
<br /> 13.Lo�C6ar�es. If the ban securod by this Securiry Ins�nt is snbject to a l�w which sets maximum loan charges.
<br /> and that law is fu�ally intr.�xetod so Ihat the iataest or other loan chuges colla.heQ�or to bo collected ln ceanxtion with the ban
<br /> excxd tha pe�miued limits�t1�ae(a)any such loan charge shall be nduced by the amount n�r w reQnce tha charge to the
<br /> � P�����and @)any sums already collocted from Barowa whictt ta�ceeded vermitted tlmits wlli be ref�n�ded ro Bcxer+wrr.
<br /> . La� may choose to make this cefund by red�cing the principal owed u�dor ihe Nott a�by maicit;g a t�oct paym�nt W
<br /> Barowu. If a refund reduces principal�the roduction will be uested as a pa�au��repayment withau any�rtPaYment charge
<br /> under the Note.
<br /> 14.Notkes. Any nodce to Borrower prnvlded for in this Sec�riry instcument shall be given by delive7ing it or by mailang ii
<br /> by first class tuail unkss epplicabb law roquins use of another me3tiod. The�wtice shall be dirxted to d�Ptoperty Addres�or
<br /> aay otha address Boncower daignatcs by notice to L.rndcr.Any»otke to Lender stiall be given by first class mail tn Lender's
<br /> addrws smted huein ar uny other addmss Lender d�gnates by no�ce w Bo��v✓u. Any noUoe provided for in this Seciuiry
<br /> Insaumau shall be doemed to have bxn glven w Bocrower or L.ender wheri glvan as provlded in thls�.
<br /> 1S.Covernfng Law;Severabiliry. 11iis 5ecurity Instn�r�xnt shaU 6e gov� by federal Lzw and tha law of the
<br /> 3�sd�� 1n Which the P�'opaty Ls loc�tod.In the event that any provision or clause of this Security Inswment or the No�e
<br /> ' conflic�s with applkabb taw.such contlict shall not effcxt other provisions of this Sociuiry Instrument or tbe Note which can be
<br /> , given effect without the conflicting provision.To this ci►d thc pmvisions of thes Sec�rity Instrument and stw Note are doclared w -
<br /> be acvuabk.
<br /> Fotm 302� tll�0
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