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<br /> ' � 9.l�upectton. l.ender ot 1ta agcnt awy malce reasonable enulcs upon and ia�pections of the Property.l,endcr sdell �,
<br /> ' , � � give Barcower notice et the time of or prlor to�n Inapection ep�.lfy!ng rusonabie cause for the inspection.
<br /> r� • 10.�ondemrtatlon. The procr.eda of any award or clstm for damages,direct or consequendal. la connecdon with
<br /> y, any condemaAtion or ot6er taking af any part of the Property, or for conveyance in lIeu of condemaati�n, nre hsreby
<br />- � wssigned and ehall be paid to L,ender.
<br /> •e In the event of a rotal taking of thc Property, the praceede Ahall be applied to the sums secured by this Secudry
<br /> Insttucnent.whether or not thea due.with any exce9�s paId to IIorrowcr.In the event of a partinl tnkinE of the Propert9 In e
<br /> � ...,�ar,r�- whlch thc fair muket value oP the Pmperty lrnmedlately before the takiag iaequal to or greater then the awount of tde
<br /> sum9 sxured by Wie Securlty Iaatnunent icnmediatoly before thc tAklag, uuless Borrower anQ I.eader otherwisc Agrex in
<br /> � '� wriUn ,the eum� accurod by thie Security Instrumeat shall be reduced by the amouat of the�rocada muldplied by the
<br /> � follow�$ftdCt�9R: (a)the total amount oF the stur�securod immodiately before the taking. dlvided by(b)the fair market
<br />},�,�• � value of We Properry immediAtely before the taking.Aay 6alance shall be paid to Borrower.In the event of a partiel taklag —
<br /> ri�� of the Propetty la which the fair matket valuc of the Property imrnodiately befare tbe taldng is less than the amount af�hc:
<br /> sutt�s securcd itnmediately before the taking.ualess Borrower and X.,ender otherwlse agree in wri�ttg or unless applicable _
<br /> " law otherwise provides,the proceede sball be applied to the sums secured by thie Securlty Insuument whether ar not the
<br /> aums are then due.
<br />-�' If the Property Is abaadoned by Borrower. or if� after notice by I.ender to Borrower that the coademnor offere to
<br />'�'�' ' maice an awerd or settie a claim for damages,Borrower fails torespond to L.ender within 30 days after the date the nodce
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<br />�., . ,.�, , ie gtven, Lender ia authorized W collect aad apply the proceeds,at ita opdon,either w restoration or repair of the P[opetty
<br /> ''�'p� •,a��� or w the sums aecured by thia Securlty Insuument.whether or not then due.
<br /> -�:.�. .;, g� licatlon of roceede to rinctpal shall not extend or
<br /> .�;�•., ' � Unless I.ender and Bonower otherwtse a ia wrlting,any app P P
<br /> �`:�. '� postpone the due dats of ihe mnnthly pay�ents referreA tn in paragraphs 1 and 2 or change the amouat of auch payroente. `
<br />-• ^` � 11. Borrower Not Rdeased; Forbears�acx By Lender Not a Weiver. Bxtension of the time for payment or
<br />'"�• �'"''''' modification of ainortlzadon of the sums secured by thia Securlty Insm�ment gransed by I.ender to any succesaor �n iateast � ,
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<br /> � ;�r�: of Rorrower shall not operate to release the liability of tbe original Borrower or Bonower s suc�cssors ia iuterest.I..ender
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<br /> •��v.� ��, i��• T shall not be required to commence raae�dings against any succ�ssor ia interest ar re�use to e.�tead time for pa At PS
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<br /> -;�•�,i t t y�}' ; . o t he r a ise m o d i f y a m o n i z a t i o n o f e s u m s s e c u r e d b y t h i s S e c�ari t y Instument b reasan af any demand e by the
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<br /> ;� �: �, original Borrower or Borsower s successore in interest. Any forbearnnc�by Lender exercising any right or re�aedy shtil7
<br /> ,.:`';�;,��si`�;_n� IIoi be s waiVCl of ot pleClutle the exelCi6e of ally righc or ranedy.
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<br />��.���.,;,; 12,guccessoss amd Assi�ns Bound;Jolnt�nd Sevetal LlnbiUty; Co-slgnere. 'Ihe covenants and agr�ernents of
<br />-=--�:�', , t6is Security Instrument sball bind xnd benefit the suocessors end assl s of Lender and Borrower, sub ect to che
<br />����,�y .. pmvieions of paragraph 17.Bonower's covenants and a ts shaU b6��olnt and several.Any Borrower w�o co-slgas
<br />�,_„ this Securiry lnstiument but does not execute the Nota: a)is co-slgning this Seeur[ty Insccument oNy w mortgage. gran
<br />�;:..�� and coavey that Borrower'a iaterest ln the Properry under the um�s of this Security Insuument; (b)is not persomlly
<br /> 1S• obllgated to pay the suma secured by thia Securi.ty Iastcument; and (c)agrxs that L.eader and aay other Borrower may
<br /> ��gtr,e w extend�modtty, focbear or maice aay accommodationr wiii�ii�a�d to itis w�af this�srir;IQ..-tn�srnt �r t�
<br /> ' "''""�.� Note wlthout tl�t Borcow�r'e conseat.
<br /> -- 13.Loon Ch�rKs. If the lo�a socured by thia Secudry InamuneAt ia aubject to a IAw which eete au�imum 1o�t
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<br /> ------- c,h�rgp. and th�t law ia flaaUy iaurpreted so that the Inucest or other loan cbuges coAe�ted or W be collected in
<br /> � conaectlon witb the lo�n eaccad the permitted limite. then: (a) wy�uch lo�n ebuge ahell be ceduced by tl�e arnouat
<br />--- - � nec�uy to reduce We chuge to thepecmitted l+mit:aad(b)wy�um�alre�d y��coUcetod from Borrnwer w5ieb exoeedmd
<br /> permined Iimiu wiU be rePondod to Borrowcr. Lmder mty choo�to aWce tt�i� rctYuid by raiucin�the princip�l owed
<br /> under tt�e Note or by mtleing a direct piyment to Bocrower. If a rettu�d roduca prlactpil,the reductlon will be treided Y a
<br /> p�ctid prepaymen�wituout wY prepayment charQe under thee Noce.
<br /> 14.Piotkes. My notice to Borrower provided for in�his Security Inncumrnt thh�11 be givea by deliverin{it a by
<br /> -� �Yit by flrst clw mail unlaa Nc�ble law requira ute of uather mctbod. Ne noticx�hali be dlrocted w the
<br /> Adiras or my other oddc��rrowa daiguues by notice to Lcader. Any aottce to Lenda�U!x Qlvea by
<br /> fint clus mail to i.erider'e�cidrea�auued denin or my other�ddress Lender dealgnuea by nottoe to Horrowa. Any aotloe
<br /> pmvided for in this Security Imuuttxnt stull be dee�nod W tuve been gtvea to Botrower or Leuda whea given a�provbed
<br /> iatWi pac�gcaph.
<br /> 1S.GoTerdn�Law; &verabil[ty. 17�is Seciuiry Instcumeat shall be gov�rna!by federil law�ad the Itw otthe
<br /> gudsdictioo in which tLe PropeRy ie locatod.In the event thu any pror►i�ion or clause of t6is Saurity Imuurnent or tLe
<br /> I�Ipte cantlicts+xtthapplic,�ble law. s�ch contlict e��non�o�i�eod t�he pro Isionaof this So�curi►ty Instrua�ent and tbe
<br /> which can be givea d�'ect without the conflictin8 P
<br /> Note are declued w be severable.
<br /> 16.Sonrowa'�Copy. Borrower ahall boy�vea one wnformed copy of tlle Nou�nd of thie Savdty Insuumeat•
<br /> 17.'IYan�da ot the Propaty or a B�dd Wtaxat in Borrowa. If�ll or any patt of the Propaty or tmy
<br /> intez+eat in it ie sold or tr�n�femd(or if a beneficial iater+eat in Borrower is aold or uansfernd and Borro aa i�a of�
<br /> n9tural perean)without Leader's prior written coatent.Leader inay.u its option.roquire immediate pryma►c�
<br /> eums eecurod by thia Security Insuuwent.However,this opHon ahaU not be exercised by Leader if exerci�e is proliiMted
<br /> by foderal law aa of the datc of this Securlty Inatiument•
<br /> If Lender exerclses thie opdon,Lendec ehall glve Borrower notice of acceleratIon.'ILe nodce ah�U provlde a Daivd
<br /> of not less than 30 daye from the date the notice is deliverod or mailed within which Iiorroaer must pty aU smm aecuc+ed
<br /> Fam 36�9�0 lA�p� 6l
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