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<br /> "''"��� at the opt�on ot I.ander. It mort�+ge iaenreace coverage (ia tha amount aad for the parlod thot I.ea er r v rca -
<br /> ' "�� pro'vided by oA Iasunr approved by Leador�gein becomes aveIlabla end is o�teIned.Borrower ehell p�y tha premiums �
<br /> -� �� • rcquired to�elateia mortgage itisursnco In offcct.or to provIde a loss reserve,us�tll tho requitement for mort�nga L`
<br /> Iasursuca enda ta accordanco wlth oay wdtten ngreeraent betwean Bonower and L,eader or applicable law.
<br /> ,,j 9.Iaepectlon. I,ender or Ite ageat mey matie reasoaable entrIe,q upon and Inapeattos�n oQ the Proparty.I.endar�hell �
<br /> �tva Borrower nodce et tha tlme oi or prior to ea laspection specifying nasoaablo causa for the lnspeatIon.
<br /> - -- ��. 10. Coadernaatlon.The ptoceeda of any award or cleim tor damagea�direct ar consequanttel,in conaeatlon wlth �:
<br /> � any condemnadoa or other takin�of any psrt of the Proporty,or for cor,veyaace in lieu of condemastlon,are horeby
<br /> asslgned end ehaU be paid to I.ender. E
<br /> Ia the aveat of a wtel taking of the Prapartyr,the praceeds ehall be applied to the euma r,ecured by this SeatirIty
<br /> ��..,• Instrument,whether or not thea duo�with aaq eacess paid to Hotrower.In the event of a partial teking of the Pro�orty in _
<br /> � wluch the fair market value of the Proparty immediatcly before the taking is equal to or grester than the amount of the
<br /> sums seaured by tius Securlty Instrumeat immediately bafore the taking,ualess Borrower and Leader othenvise agrea _
<br /> -- �' in writi�,the sums secured bq this Secwrity Iastcument ehall ba reduced by the amount of the pmceeds multiplied by
<br /> ��. the follocving iractton:(a)the totel amovnt ot the suma secured immediatsly b6fore the t.,king,divided by(b)the feir
<br />_ � market value of the�'roperty Immediately betore the ta&Iag.Any balaace shell ba gaid w Horrower.In the event of a _
<br /> partial telcin�of the Pro�ertq ia which the fair merket value of the Pmper'tY immediately before tha takiag is less than
<br /> . the amount of the sums secured immediately before tDa takiag,uniess Borrower aad Lendar otherwlse agree ia writiag
<br /> . ' or unless applicable law othern�ise provides, the proaeeds ehe11 ba aPPlied t° the au°°s seaured by this Sxurity
<br />- -. Inatrument whether or not the sums ere thea due.
<br /> � :�:�� Ii tha Property is abaadoned by Bortower.or it.efter aotica by Lender to Borrower that the condemnor ofters to
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<br />- make an� award or settle a alaira fot damagea, Borrower iails to re,gpond to Lender withia 30 days after the data the
<br />`~'�"��::'�`~ aotice is glvea,Leader is auchorized to coAeat and applp tha pmceede.at ita opttoa,oither to rastoration or repatr of the
<br /> ' '`'�` Pcoperty or to t&�e suma�red by this Seourity Iastrumeat,whether or aot thea due.
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<br /> ' - Unless�.ena�er and JRarrower otherwise agea in wdtiag,any applicadon of proceed�to�SxinoiPal eha11 aot estend ot
<br />_ -����. • . pos�pome the due date of 4he moathlY P89menta referred to ia ParagrePhs 1 and 2 or alhange the amouat of such
<br /> ";;.l: pap�eats.
<br />�._•�a:� H 1. Borro�ver Not ge$eased; Porbestance By I.euder Not a Waiver. Bstenslon oi the dme for paymeat or
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<br /> '''"'� :;f modificatioa oi ataortization of the sums secured by this Sec�uitq Instnimeat graat�ed by I.endar to any sucoessor ln
<br /> =:;;"�;�;`. intara�t of Bortowea'ehall not oparato to release tha lisbility of tha original Bornower os Borcower's succes�rs in
<br /> - :�:.,�.? iaterest. Iaader ahatl aot be required to commeace Proceedin88 eBaiast anY$w�ess�r ia interest or refusa to wttend
<br /> �-.—e�, . t�lA6fOf
<br />- ��;�;.,�� paymeat or osherwisa modify amortizatic�of the sume secuced by this Security Instcument by rea�on oi any
<br /> ���a� dem►and made by the origiaal Borrower or Barrower's successors in Intemst.Any forbearance by Lender ia oxerct�ing
<br /> _�""�`:°°=' x�•Yght su ra�«�sh1 n�t he a�aiver oi or prealude Yhe exercise of anY ri8ht or nmedy.
<br /> �-;.. � 12. �accessars and 1�signs�omnd;�fa�i�t and Several Liability; Co-aisners.The wveaants and ag�oements
<br /> "�'.�"'`"� oi thia Sccurity Inswxneat sbsll bind anc9 toeriefit the s�ccessors and essigns of Leader and Borrower. subject to the ,
<br /> --.v��- yuo�aetons oi Para@raPh 17.Borrower's oovenan'ts aad egseemeats ehaU be joiat and saveral.Any�orrowet w1�o co�a's .
<br /> °.•�,� t�aio Security Inshvmea4 but dces aot exxutb the hTote:f aa,is co signing this Security Iag3rumeat ontp ta inort8'��. . ':;
<br /> ;o-,,,� gcxnt ead convey t�at Aon+ower's intere�t ia the Pra ei4Y,under the terms Qf 2his Seci�itY'I�$truraent, (b) is 4Pt . �<
<br /> ...-----_..--- poisonnily obligatod to pay the sums secuaed by thie�ecui�itg H�stcomea�ead�c�.��rees ehot I�endar aud�suY othei�' �'.
<br /> -=—=-- Borrower aiap agree to extead.modify.fqrbear or make any accocn�nmdationa with regard qw�the terms oi this Sxurity�:
<br /> __�,:� lnatrument or tho Note without that Borra�rer's conssn� �� .
<br /> _.°;-,�„t� ];, Loan Chartes.If the loan secured by this Securetp Instrument is subject to a law wtnch sats masimum loaa
<br /> --__-.-_- - charges. and thst laa is finallY iaterPretod so that the iatere�t or ather loan charges colle�or to ba collected ia
<br /> -= conaectioa with the loaa exceed t6e pernutted limita,then: (a) eny auch loan chnrga ehall 1�reduced by the emouat
<br /> ae�e�ar9 to reduce the charge to tho permitted limit:aad (b) anY sums already collw�d irom Bornower which
<br /> - . eaooutai pefrulitci+Itauito wilt ta rafuad�!ta Bartaracr. Lettdtt may ahaa�to make th�e�ef�md by reducing the
<br /> P��P�owed un8er the Note or by makic4,a dtc�ect paym�nt to Bormwer.If a refuad reduoe��rinaIpal.thc rcductioa
<br /> ___-- will bo troated as a pattiat ImeFaYanmt without any,�re�►a9ment cbncge under the Note.
<br /> 14. Notices.Any aotice w Bomower pravid�a8$or$n this Securlty Iastr�ment ehall ba given by deliva�iag it or by , ,
<br /> - mailiag it by i'uBt class meil valess applicub�a�aarzeq�nases use of.anothet methad.Tho aotice shall be directed to the
<br /> �� --- property Address or at�y other address Bars�ecrt�oe�des�'g�4stes by aotivE to Lender.AaY aotice to Leader shaU be givea bs� � .
<br /> Y�� ficst class mail to I.eadea's address etatr��ereia or anp other ad�ss I.en,der desigaatea by aotica w BorroWer.Aqy., .
<br /> ;;w,.- aotice provided for ia this Security Instmm�xnt sha11 be deemed w have beea giwen.to Bomower or Leadet�vhea givea .
<br /> <:: as provided ia thie pataB�P�
<br /> ,. ��� � 15. aovaraia=Law;Sevenbility.'I�is SecvrItY Iastrument shall be 8°vera°d by t��eral lsw nnd tho laa oi the
<br /> _ jurisdictioa ia which the Propercy ie locaue�.Ia tha event tt�at an,y groviston or clause of:hi�Security�astrument or the
<br /> �- -= � NoLe aonflict�with applicnble law.such c��ltet ehell nos affect offier proviaiona of thia Sec�sa�i¢9�nstrument or tha NaGa
<br /> _ --_= abich can be given�ffect without the confficting provisioa.Ta this md the provisions oi tmis Secvrity Instcvmeat nnd
<br /> -�_�+��+� th��tote are declared to bo severabla
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