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<br /> �' ' a mente ma no ton er be re uired,at the o tion of L,ender.if mort rage(ia the amount and for the riod
<br /> P Y Y S 9 P 888e lnsurance cove pe
<br /> `' thut Lender requires)provided by en insurer appmved by I.ender again becomes availabia and is obtained. Borrower ehall pay -
<br /> , ' �' "- tl�e pteminms requited to mnintein mortIIa�e inaurance in effect,or to provide u toss reserva.until the requirement for mortgage -
<br /> • Incwance ends in eccordeuce wlth uny written agreement between Horrawer and Lender or appficable law. -
<br /> '� 9.lnspedton. Lender or its agent may make reaeanable entrtes upon and lnspections of the Property.Lender shull gtve
<br /> _'t� Hortower nodce at the time of or prior to an lnsp$cdon specifying reasonable cause far tke inspection. -
<br /> . ;�F � 10.CO!ldC1RI1AtI0A. The proceeds of any award or ctaim for de�nages, direct or consequeatisl. in coanertion wlth any =
<br /> ' wndc�ation or other talcing af any part of the Property. or for conveyance in lieu of condemnation. are hereby assi�necl and �
<br /> • '�?-�; shall be paid to Lender. L
<br /> � '- �:� � in the event of a total taking of the Prnperty.the proce�xts sha11 be applied to the sums secured by thls Securiry Inscrument, �
<br /> whether or not then due. with any eac.ess paid to Borrower. Ia the event of a partlal takir►g of the Property in which the fair
<br /> ';��,�� market vatue of the Property immedlately before the taku►g is equal to or greater than the amouat of the sums secured by tWs __
<br /> . � Secudry Insmunent immediately before the taking,ualeas Bormwer ared Leader otherwise agree in writing, the suma secured by =
<br /> this 3txudty Insuvment shall be reduced by the amount of the proceeds multiplied by the following fractian: (a) the totat .
<br /> amount of the sums secured immediately before the taku►g,dIvfded by(b)the fair matket value of the Property immediately -
<br /> . . befoze the takiag. Any bala�tce shell be paid to Borrower. In the event of a partial takln$of the Property in which the fatr =
<br /> market valus of the Property immedtately before the taking is less than the araount of the sums secured immediate1y before the
<br /> .' .� ta}dn�r,unless Borrnv�er aad Leader othenvise agree in wrlting or unless agplicable law othetwise prnvldes,the prace�s shall -
<br /> . be applied to thc sums secured by this Socurtty InstrumeAt whether or not the sums are then due.
<br /> ,' If the Property is abaadoned by Borrower.or If.aRer nodce by Lender to Borrower that the condemuor offers to make au
<br /> �' • "�} aw�ard or settle a claim for damages. Borrower fails to respoud to Lender wlt63n 30 days efter the date che notice is given. �
<br /> -i::r,� Lender�S suthorized to oollxt and apply the proce�ds.at its opflon,either to restoration or repair of the Propeny or to the sums -
<br /> �. sea�red by this Secudry Instru�ment,whether or aot then due.
<br /> . Unless L,eader and Borrower oiherwlse agreE in wriHng, aay applictuion of proc�ds to prinaDp� shall not extend or
<br />' " "*'- posipone the due date of the monthly payments referred to in paregraphs 1 and 2 ot change itte amouai of such payments.
<br /> ..•�.,,�_` 11.Bon+ower Not lttleased;Flmrbearence By L.euder Not a Waiver.Extension of t��e tfine for paym�nt or mod'efication
<br /> �j ;^ ;f •. of amoriization of the snmg secured by this 5ecurlty Instrument graated by I.eader to a�au�essor in interest of Burron,�r shall
<br /> not operate to nlease the liability of the originat Borrower or Bornower's successors in iaterest.I.ender sh�il not be re�uixed to
<br /> `'' �"�� commence pzooeedings against aay suocessor ia interest or refl�se to extend time for payment or otherwise pnodify amortlzatIon
<br /> _ ` '�.�� of the sum.s secured by t1�is Securicy Inst�uatent by reasoa of aay demaad made by the orIginal Bomower or Homuwer's
<br /> sncassars in interest. Anp forbearance by Lender in eace�ising any r�ght or remedy shal!aoi be a waiver of or p�lude the
<br /> _:��� �xt�lsc af�r�fghi ar s�sa�y. �
<br /> ..,5�- . 1Z. 5u�ssors aad Asslgns Bound; JoWt and Several I.iebility, Co-sign�. 'i�te wvw�auts and agrezm�dts:of this ,
<br />�•� `•'"��, � Security Iasuvment shall biad and beaefit the suocessois and assigns of l.ender and �omower. subjea to the provislons of
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<br />=•_,rr�;�;''�'� Par�graph 17. Bon!awer's oovenaztts and ag�rameats shall be joint aad seve.r�t: As�y •�orrower who oo-signs this Securiqr �
<br />-.R�a''��:�;�.*a iashun4xat but das;not execute t�e Nou: (a)is oo-sigatug this Se�udt3' I�etntmmft,on9y 8o mortgage,grant aad aniave+l('t�at: :,
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<br /> Bormw�c a tnterest la��he Pe+npert�i,wedcr the terms of this Secudty Instrument:(b)is.nm2 ptrsonally obUgated to pay�'etie s�
<br /> o"��� secnrCdl by�ihls SeaqrIt,1+Instcument:and(c)aSreea that Leadtr and any other Borroaer may agtee to extea�d.modifY.forbe�id,�' �.
<br />�,r.�3:`a;�`� mske any acaommodtU�ons wlth regdrd to thg terms of this SecurIry Inst�a�oqeat or the Note wtWout that Boramwer's con�ent: � • .
<br />`,.�;n';_�'�� 13.Iaan Ch�ges.If the loaa secu�d by this Security Iasarument 9s subject to a law whieh sets ia��zdmum loan churge�;��: ,
<br /> `=;'="� and that law Ia finally Iateipreted so that the Iaterest or othBr loan cbarges ooAected or w be collected in connecdon wi�h tiRe . . .
<br /> R��5,,,�'� loan exoxd the permitted limits.then: (a)any such loaa c�argo shall be roduced by the amount noces.sary to redaa�tre c'aarge
<br /> ="` w the permitted Iitn�t;and(b)any sums already oolle�ed from Bornower which exceeded permitted limits wiU be c+e�uuded to
<br /> --- Bot��sr. L��s � �'t4 taskt!!� tCfisad by rduCisg tR:, priuttiQal owed�sndts i�;, NoDe or by msklug n 3l�i�i . �
<br /> -- _ -- payment to Bomower. If a ntvad redaoes principal, the ccducttoa will bs ueated as a P� P�Yment adthout aay
<br /> --_.�� 9�paYment c�rge uader the Note. .
<br /> 14.Ndtas.Aary notice to Bo�nwer pmvlded for in this Security iasuvnnent shaU be given by delivering it or 6y mailing
<br /> ___ — it by Srst class mail unless appucable laa requires use of another msthod.The aotla shall be directod w the Propezty fldd�ess
<br /> ° - � or any other addnss Boimwer deslgnates by actice to Ixnder. Any notice w L,ender shall be given by fi�st class mai'1 to •
<br /> - Lenaer'a add�+ess stated hereia or a�ry other addnss Leader designates by notia to Bonrower. Auy notice pr�vided for in thia
<br /> _-_--�-- Securtty Insuument shall be deemed to have boen g[ven to Borrower or Lender ahen given an provided in this paragraph.
<br /> -- - 13.Gove=ni� Law. Seva�blltty. This Securlty Insuuuient shall be govemed by federat law and the law of the
<br /> _---_�� ,jurlscliction in which tha Property Is tocated. In the evem that any pmvislon or cim�se of tbis Secudty Iasuu�eent or the Nooe
<br /> -=:;T� oonflicta with applicabla taw, such confli�shaU not affax other pmvlsEons of tLis Securtty Insuumsnt or the Nou which can be
<br /> ._-.�.w:=��.� ' given effect wtthoux the coafliWng pmvlslon.To tbis end the provisions of this Socurity Inst�ument aa�d ihe Note are declare� �
<br /> -- = r...r, to be severable.
<br /> �=����=r� . 16.Boreower's�opy.Bomower shall be given one oonfora�tt copy of the Note aad of this Sewrity Insuumem.
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