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<br /> -. - . payments may rto irmger be mqniscd.at Ute option of I.ender,if mortgagc insurancr cu�erage7in the amaunt and for the pereod 4
<br /> :'1;.: e•�. �.:;;;�;��- U�at Lett�ter requires)provided Isy an in.wrer appruveci by Lender again bernmes avuilsbte and is obtainod. Borrower shall pay _ _
<br /> � �'���'''��'��t� the premieer.s oeqeired to maintain mon�ge ins�rrartce in effec�:or to pravide a loss re�rve,until the s�equ��+ement for martgage
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<br /> _ insutartc�e ends in aceordance a�th ar►y�vritten agrocment betweep�orrowet and L.eaid��r or apFlic�bls law.
<br /> . . ; �.Ie��iom.Lcrufer or its a�ent may make rasonabfe erUries upUn ami inspccuuns qf the Froperty.LeQder shal!give
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<br /> �atruwet r.oti�ce at t4te time oF or prior to�[nspectiun specif'yin�t reasunabfe cctuse for the inspection. :,. �
<br /> __-- , Y4 Coedema�Si�m.The praceeds of any award or.c�airt fot d�mages, dicect or consequential. in coanection wid�anv ,�;r%;;
<br /> *�, cau,denmation or ot�er tsking of any pan of the[�aperry:or foc comeya�e ia licu of mndemnati�n.are hereby assigued au� ��',�
<br /> .t ,. .. ••��� shall be paid to Leader. ^`';;.
<br /> in the eveat oF s total tyking af the Pmpeny,the proceeds shalt tre a�lie�w the sums secund by this Security Insmfine�u. -
<br />- _ - •�w�� �arhether nr nat th��. with any exoess paid to 8orrower. (n the event of a�artiaE taki�g of the Property in whicle the f�ir
<br /> ,:,:,.��.,.�;�.•' ,;,'r muket vatue of the Ptoperty immediately Def�tt�.e taking is equal to ar gnat�r than due amount of the sums secureit by this ,�x�";
<br /> � Security Instrument immediateiy before the tatd�g.untess Bormwer and L.ender ot�tt�cirise ag�ee in wriang.the sums secuced 6+j f'��:.
<br /> ._ - -- , .'`:"`� ihis Securi�r tn „TM�•+t shall Oe reduced by the axs:oUnt vf th� proceeds mWdplii:d`by the folIowing frastion: taTi e@e tatati _
<br /> -... ._ `: amou�af the sums secured imanad'eately before tl;e ta�i.�,diYitted by 1b�the fair market vatae of the Propecty iramediapeI�• �,
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<br /> - bsfoie ahe;taking;AnY batance shall be paid to BasroR�ca. In the event of a partial ta�in�o€the Property in which t�e f�i�
<br /> - ��"; .rn�tk�:v�1ue�aL•'the Property immediatety befuce tha tafie�is Less than tae amount of the sulas se�red immediately befare Nte
<br /> . .� .-_:;'S;, taking, unless.Bnrrower and l�tr othen�ise agree io�mting os untess applicabte taw othenvise provides.the proceeds shall
<br /> �` Yf_�', be appljed to.the sttms secnted bg t6is Secutity I�uu�s�w4teiher or not the sums are then dae. ::
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<br /> f-- �;:: If the Hrr�perty is aDandoned by Batrau�er.or if.aRes noace by lender to Borrower that tlze rondem�os offen to make ace .
<br /> ,�;�;;'�;�,, . ;e}�%� . awatd ar s�de a claim fo dam�es. Sorro�r fa�'ls to respond to Lender wit�in 3fl�day�pfter,th�dare the aotioe is givea, .
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<br /> `. .,,�`.,� : Gender is autltorizffi ta cotlect:and apply the pnoceeds,at its option,either to testaratio».at're��i�`;l►f tlfe FMpe!l�i,ar to t�e sums .
<br /> s' E �{ secured 6y dus Secwity Iusmurn�tt,whether ar not then due. % ` . `"
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<br /> ���` :r�: :Uniess Lender aRd Har�wer otRerwise ag�ae in writing.any:&ppl��atlnti,�f praoeeds to piincip�l �all:+mt��ctend or ° "
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<br /> ���;; . p o s t p o n�t h e d u e c i�O t e of the mouttil y p a y m e nts referted to in p a r a g r a phs 1 aac!2 or change dte arnauat of saetf,�iRYt�- "
<br /> .. . .t`.'r•'-�:•: 11.IIa�x+o�rNot Released;Fosidearance By Lender Not a Wal�re=.Exteusion of the ame for paymetft;atYbo�ificadrm: - ~
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<br /> • • '��"��'�`�� of amortir�tiori,+�rls'l1�s sums secured by th'ss Security Instnrment granted by Leader to any successor in interest af;i�ncrower s6aiL
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<br /> '`"�� . rca o�serate to�4t�se the IiahiGty of the original Borrower or Borrower's suecessois in interest.Lender shall niii:lie�ryiroil w
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<br /> • ',;•,: c�usntr�euce pma,0dings against any sucoessor in interest or refuse to eMend 6�ne for payment or otherwise modlfy;aznorti7ation
<br /> ,�c�1 a�;:.kt�;.smns sewred by ttus SecurIty Iasn�ument by reason of aay dema�Id roade by the osiginal Sosrower or Borsower's
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<br /> "�,�.�;:•- ~`�.r°,� , s�essdis in i�eresst.Any forbearance tig Lerider in exercising any�ight or remedy shall not be a wa[ver of or prec(ude the
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<br /> � . , ''A4 � �xet�ise of any right or temedy. - ' . ti�.
<br /> f+�`.,^;:.;�.:`� .� `-' '1;•�:•g2. Suocessois aad Assigas Boamd;'tfl�rtt au�Se��al LiabAlty;C.t�-�Tsea�,��1te covenants aad agteetaents of this z :
<br /> ; ,14;, ' ;�v"qiri�y L�strument shaU biad and 6enefic the�'sitocessars and assigns of Lendrx am�.�c�ower. subject to.!�� p�visions of ii `
<br /> k`l" !`'��r .; ;��pfi 17. Bortower's covenaau artd'agreemeuts sf�all be joint and several. /��,�rrower who casigr�.tit�k.��r,,. — -
<br /> ;'t �5�?��� . ;�c�ent t�ardsz�s,not execute the Note:(a) is co-signing this�eturity In.st�tuie�,•fi�i�m ntortgage.gram�as���usavpy t3�a�:, ` `--M1
<br /> . .,,:5 .�...'.�. �'l�awer's�-�iis�the Property under the terms of rhis Secau►�t�r�?s�3wnent;(61 i?.r�ut pecsonally abGgated't{s�it?i�e sUiri3�,� �"
<br /> . ` �bg this bei�itiry inswment:and(c)ugrees that E�i und au+�F i�t3tec BorcQwc�`�p�y agree w extend, . . ~.
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<br /> ,ri;r; l�.:any accommadatioas with regard to the terms of tbis.S�aa�ity.Iruuument ar c6�Id,�(�e without that Bomower�5ji�i�sent. '•
<br /> -.,s.;�,..; � • ,'�.-r:,;,.::;��3.Losu CGatges.li the toan secured by this Seafh�'��fiswmem iS subject'ft��;��gw which sets maximum toan charges.
<br /> .�. `;''-��:;,�� `±�,,�;';�'arid that Iaw is finaity intecpreted so that ttue:in�ierest�or other toan c#ra�es wliected'or to be colte�ted in oonnection with ttte =�
<br /> � : .:. �' � �:ioan exceed the permitted limits.then: aD. �taan.ch e shall 6e��ced fo �e amount to reduce Ne e
<br /> c�:::��.,`� ,� t arry��i�cy. arg r. Qeces�azy► cha*S �..
<br /> �.'�^`j , ,.,rrs�ihe pemvtted limit:and an sums �acilfected fr+om Borrower whic6�permitted timiu will be mfunded to .
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<br /> �:�;;'::;, ,, �:`��wer. Lender may choose to make e1ii�,�r��nd by reducing the prir�c;pat us�e�iz:ukader the IVote ar by making a direct . ��_=�
<br /> `'�j"� � '�}�nent to Borrower. If a refund r,�acr�s"�tincipal. the reductiort will be u�ttai:,`�s a partial Ptepayment without &ny•�_: s��_=�=_�_
<br /> 'r` ' ' Prep�yment ei�arge ander the Note. ' ' . . � � � , ,,;
<br /> ' R . i:� ;' �' 14.No�:.�ny notice to Borrowet qtdvided for in tltis Securuyr�rt:�'ita�1 be given by delivering it or by�{rv�n��� �c s :y�r =_:
<br /> ' `!'`Zt- � it by first ctass�tl�i1 uniess applicabte law tequires ase of anotfi�r metths�.'.'fhe.hpef�ns,shall be ditected to the��f{.y,.��a: �t� :
<br /> ;� '<' t'�i��� or�ny othet address Borrowar designztes by notice to f�nder. Any nqtice to t�ier shall be glven by fi�di�i�s>,hrail f�r:, � � ; �_
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<br /> ��` �, .;, ...,� �.'tiaae�rr's address stated henein or any other address Leader designates by.notice to Barrower. Any antiae provi�d�d�.f�.��n�In+s f �'.�� ��;�A=:=
<br /> - ` r1 �'�.�,�crity Inswment st�all be deemed to have been given to$orrower or Lender when given as provided in this paragYapli. •�•.•'? '
<br /> �,���o.:d ' �.,,'1�� .�' 15.Coverntng i.aw; Sev�Ility. This Securiry instrument shaU be govertted by federal law and the !aw of t� `�,��, .
<br /> -- �FJf�J�e� � � ction in whieb the Pr��s�y is tacated. In the etient,.c.�at arty provision or clause of this Security Insuument br tim Narte
<br /> �� ��;�t '� r�a; ` �with appl�cabfe Iawh�irJx canflict shall noi afi�nu 4�tf�er pxovisions of this Security Instniment or the Not���vIuch can be � ,
<br /> `� �`"'�� ' � '` .ect without the corriiii�ing provision.To this end dte mvisions of this Seciui insuvment and the t�Fa(t�ate dedar�d '
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<br /> � . II�,qiocrna�ri�'s Copy.Borrower shall Ue given one conforme�aogx ot[he Noie and of this Securiry Instrumeat•. ,
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