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<br /> ' '� paymeats may no longer be cequit+eti.at the option of Lender.if mongage insurdnce coverage(in the amount and for the period
<br /> .� .•1 that Lender requires)Provided by an iasurer approved by Lender again b�comes avaitabte and is obtaiaed. Borrower sha}i pay � . _ :.�`..•,j ,: .
<br /> `�; the p*�++^,+*�c rec}uired to maintaiA mor4gage msurance ia effect.or to pruvide a toss reserve.unril the requiiement for marfgagc� ��-_-.,-;,�-.-..-,- :_:
<br /> ` ` � "I ia5vrauce eads in accoidance with any a►ritten agr�rra�eat betareta Eorrower aad Lender or appticabte taw.
<br /> ' . � � ` g,(nsgestion,l�eader or its agent moy make reasonable eatries upon and inspections of thc Pmperty.l�ender shal�give� � �
<br /> * � •< � ressonabtc cause for ttte ia5pection. �` � .5 , .
<br /> Borrower aotice at the time of or priur ea an in�ec�ion specifying i P .
<br /> ,. N.� � � 10.CoademaatInn.'Che pmceeds of any a�vard or ctaim[or damages.direct or consequential. in connectioa with any � � � � , �
<br /> , ' oondemna�on ar other taking of a�sy Qar+.of�he Property.or for cam�eyaace in�ieu of condcmnation.arr hereby assigned and Q .
<br /> . ' sha116e paid to Lender. ' ° � ' .
<br /> -�t, ta the event of a[otal[aking of the Pcoperty,the preoeeds shalt be applied to the sumc sacnred by this Security Instrument.
<br /> _-- _,:;:t ahether or aoi�u due, with any excess�aid to Botrower. ln�he event of a partial taking of tiie Propeny in whicb the fair .
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<br /> -��� muket value of tlie Pct�perty immefiately before the takin�is equal w or gteatet than the amoum of rhe sams sscu�by ihis -- . —_ --- -
<br /> � ._j Security Iastwnent immed'eas�ly before[he taicing,unless Bormwer and Lender oth��wise agcee ia writing.the sums secured by � ...
<br /> �i tbis Secauity Instrumeat sha11 6e redu+�d bl`the an►ount of the pmceeds muIaplied by the foltowing fraaion: (a) the total t--. . . - - . _ .
<br /> :2 amnuat af the sums s�cuceci mrmediately 6efare the taking,divided by(b)Uce fair ma�et value of tke Propeny immediateiy ��; . .
<br /> betore the takiag. Any balance shall be paid to Boaower. In[h�e event of a partial taking of the Roperty in which the fair ,. --
<br /> market value of the PropenY immediatelY before the tala�ag is lc�ss than�he amonnt of the sums secured immediately before the � :.
<br /> ., taking.wiles4 Barrower aad Lender atherwlse agcee in writiag or u n Iess app ii c a b te l anr o t h e l w i s e p ro v i d e s,t h e p m c e e d s s h a l t ; ; ,, :�'=
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<br /> � . be applied w the sums secured by tbls Security Insuument ahether or not the suias are t[ien due. '� �, `.F r�T :
<br /> . . 7. If the Property is abandoned by Batrower.or if,after nodce by Lender m 8orrower that[hc oondemnor offeu to make an (•;,;,. ,♦.'. ,�a..,,.r.,, :
<br /> - award or senle a claim far dama8es. �+otrower fails to tespond to Leqder wi�in 34 days aMr the d�te the notice is givea, _ - �
<br /> � I�nder is�tho�to coll�x and appIy ths praoeecis,at ita option,either ta restoratioa or repair of the Fraperry or to t6e sams ' ��`
<br /> � �. �-•� secared hy t4is Seairiry Instrvmea�whether or not tDen due. —
<br /> Untess Lender and �arcvwer othe�a+ise agcee ln writing, anY aPPlicaBon of pra�eeds to piincipal shaU aot eaceud or ; � �. .. --_
<br /> ,_�•.; T -�� . Laisspupe ti�due datc of ttie muathty paymenu cefeaed w in paragtaphs 1 and 2 or cbange the amount of such payments. :, � . '__-
<br /> : ,Y�4 = � '. �I.�ra+�v�er Nat Released;Forbearance By Leader Not a Waiver.F�ctension of the time forpayment or mo�c�ion f .-��,.--
<br /> -ti ������������ ` zif�ort�ffi�of the sums sec�ed by this Security Instniment granted by Lender to aay suooessar in iniemst of Bumower shaIl : : �
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<br /> • < ::�t opecatc to retease ehe liabiliry of the originai Sorrower or Bairower's successors ia inteiest.Lender sLall not be reqnited to f'''. ,:.'t';:�
<br /> ` �� ��e Pmceedmgs against any s�cccessor ia interest or refuse to extend dme far paymeut or otheiwise modify amot�ation ..;.,,,.. :_�—�-
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<br /> � s ,of the smns sewred bY this Securiry Insavme�t by reason of aay demand mz,de by the original Borrower or 8orratcer's ,�„^:
<br /> _ �..,�:-.�- _—
<br /> . . _ su�ce.saots in intenest.Any fotbeasance 6P Leader ia eaercisiag aay rig�t or remedy shall�t be a�aaiver of or p�eclet�:a�e� •.,., .__
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<br /> . . � exerrise of aay right or remedy. ' ..: ' _ •���
<br /> IZ. Snciessors aad Asst�s�und.Jotnt and Sevaaf Liah�ity, Co�ignes.The covenants and agretmeats aL�.is �..��.�..
<br />- ' Saauity insuament stia1L tiind and benefit the sacc�sors and assigas of Lcnder�d Borrower, sabje�t to the ptavisions of -'`'��""�
<br /> par�aph 17. Borrower"s s�ovenanu'and agreements sfiall be joint and severaf. Aay Borrower who co-signs this Seauity ��',.•:� •.k-_
<br /> .,. �; InSnwneat but does not ezecute the�n'ote: (a)is casigning this Secu�ty,tnsavment only w mortgage,grant and oonvey that . ; =_--
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<br /> ; �`ft � Bnrmwefsii�t in thB PC+op vl�di�-'��e tecros of this Security�,�sument:(b)is�t pers+anally vbligated to pay[he:air�ns �r,aurr,��
<br /> : ttl � r 1�� _
<br /> �r��f�,s �ac��:���ag�ces that Lender and��wther Borrower rQaY agcee to extend,modify.faris�s or ,
<br /> ' •S;$(kj'�1a'_ E��`•:�lr•�' . .: _-
<br /> ----'�s-. make azry ti��s�����regata zn the terms of this Security I�rament or the Note without tbat Borrower's coa�enat�:, � � ;,��a,�„
<br /> 13.ti.�S:��;?�e ioan secured by this Security Insaumenc is subjea co a law wbicl�s�ts maximum laaa ch�.-� >•, � r
<br /> -- aud thai�rr tit��a11y' .�^�preted so ibat the interest or other loan charges wlleMed or to be coUected in connection wit6.���= . ,���f'r `; _`
<br /> " � loan exc��fiJi:pertaiued limits,then: (a)a�►such loan chazge sheil be reduced by the amouut necessa�+to reduce tha c�� • ' '
<br /> - to the percr'r�..ed limit;and N)az►Y��dY coUected from Boceuwer whIch exooeded perm�ted limita will be re�i r: : ��.-
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<br /> ..�. �3orrower. Ixnder maY.ii�r,e to make this tefimd by reducing Lhe priacipat:owed under t�I!�ate or b!'?pnakiag,a r�. , ,- .'. ---
<br /> . , . }srd�ment to Bormwer. P�'�:��fund reduc�s princqra�. the reduction will be�,t�.aod as a F�".ial.'���g�I1�z�;W.��'?�S+ . =
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<br /> . ry�`; 14.Notices.Any notice to Bors+�au���rovided for in tbis 3ecuriry Instrument sriatY�be gA�z�s%�y aeUvenaig�it or.b���la•h�, : -
<br /> _ . ';.�it by first class mail ualess.applicaU�;�:.�.quices nse of aaother method.77ce aotice sLaIt I�:cEi�asxcted to the�ropenj+ ��� ..�. � ��--
<br /> . . ' " ',�'�`,':�tlr any other address Borrower desi��s'by notice to Lender. My notice ta l�.nder sha13 i�e given by first class mail to
<br /> °,' i,��'s address stated Etgrein or any other address Lender desigaates by notice to Borrower.Any notice provided for ia this � ; ,;-,���,
<br /> "':'+Se�uriry.L�sttument shalt�e deemed tm Itave been given to Borrower or Lender ahen given as provided in this paragraph. ; - =_
<br /> ��, d�t k::.'�wrNng Law; Se�era6�3Y.g:.�This Security Instnunent shall•be goveme�l by federal Iaw and the !aw of the " :,r;�.;.�
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<br /> ?:,�?�.• sut wbich 1he,,�ropetry i��es��1•In the event that any gruvision or clause of[Iiis�5�rity Insmiment or tLr:ribte _ . -
<br /> .�,'+ - ���,�. • .
<br /> .. .: �p�g��app(�c�51;�ji�•.;��a.au�1 re�it�shali uot affeet other pravisiaus of this Security���nt or the Note whic3t�s�a�ise
<br /> � . �. ,, '� .given effert arithout:�1ac�it2aing prov.is�on.To thia end the provisions of this S�iry i�s;�c 2Wd e2u��iot�ate dec�ared �� � , ; � .':; '
<br /> ,, to be seveiabte. ��� � ; ' ' ;::
<br /> • • ��.�p�mwer's Copy.Bormv�nr shali be given one conformed copy of the Note and of cr�ia�u��.V�n�E:, ,t f..
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