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<br /> �. :..;� payments may na tonger ba r�quired.ut the optlon of Lender.if mortgage insurance covernge(iu the aatpunt nnd for tha�Qtia¢
<br /> �� .., t6at Lendor requlme)prov�Qsd by on inaurer appzoved by Lender ngain be�araes avttilnble aad is o6tsins�. 8or�uwet�ttsU�ppy
<br /> ,.,..� _ tha premiuma requfmd to[antntain.martg++ge bneurance in effect.or to provide a loss ceserve,until We�quic�mWAt far.mc+rt�age -
<br /> „� ' • ltiita,�rance ends in accordnAS:�with,nny wdaer,�gr-�mrnt ir�mreen Bonoeler snd Lendnr or app!lceblc taw. _-
<br /> � ;'� � 9.In�pectiate.Lender or.{ta ngent may muke reason�blo entrtes upon nad taspeztlons of tbe Property. Lendar sh�ll,gi�e =_
<br /> i � Bormwar nottce at the time of or prior to an inegection apecitying rrASOnabie cause for tAe i�speclion. ��
<br /> 10. Coademnatton. The�roceeda of any award or claim for damages, direct or consequendul. In eflnnestiaa..u+�1h;�• `
<br /> � ��� candemn�+ton or ather taking of any part of the Property.or for oonveyunce in tieu of ccaademnatIon. ace herebp a�eignertt and j:
<br /> " shall be pald to Lender. =
<br /> ' '� '"'� In ttte cvcnt ot a tatal takiug of the Progerty,tha proceeds shall be applied ta the sums secured by ti�is Secueity Instttinreat. _
<br />--���� whether or not then due,with any excess paid ta Borcower. Ja the event of u partIal talc�ng of the Pnoperty in which the fa�r �
<br />�. � „�,� market value of the Pcoperty immediately before the cakiiog is equal to or greater than the amaunt of the sums sxw�ed by thtfl
<br /> --�"°-,�.� Securiry Ias'.iumeat immedintely before ths taldag,unless Sorrower and Lender othenuIse agree ln wr[ting�the sums aecumd by. -
<br /> ?. ibia Securlty Instrument ahnU ba reduad by the amaunt of the proaeds multiplied by We foUowIpg frnction: (a) ttee totnl
<br /> umaunt of the suma secured ima�iately befon �he[aktng, divided by (b)tice fair marlcet value of We Fropeity iw�nodlatalp•- •
<br /> '� before the taking. Any balance sha11 be paid ro Borrower. In the event of a partial talcing of the Proparty in which the f�tr
<br /> `�g,t�-�';. mnrket v�lue of the Pruperty immedlntsty before the taldng is less thaa the amount of the sums secvred imntecUateiy befaq tbe
<br />:}7�`��, tahing.unless Borrewer and landar otharwise agree in writing or nnless appllaabla taw othe:wtse pmvidas.the pmccEde shaU� -
<br />_ "'�`� be applied to the sums secut+�d by this SeeurFty insnu�nent�whether or not t��s�prns ane then due. : �
<br />_' ��,;� If the Proparty is abandaned by Barrower,or if,aftar noace by I�isr Ac fr'�rmiver that tlte candemnor of�ers ta make an '
<br /> ="�� award or settle a clnim for dastages. Harsower fails to respond to L�tr:a;witfiin 30 days after Wa date tbe uotice is gtvep,
<br /> ?^:�y�.:"l,� Leader is authorlud to coltr.a and app�y tha pmc�e�s,at Its optinu�eitAr:t w r�swr�tion�r r�pair af�ha Pmgerty ar ta the sum&
<br /> _y� secured by this Socurtty In�t�uraent,whether ar aot then due.
<br />;y;;;�;�; Unless Lend�r and �omo�ver ot4teiwise agree in writing, any appllcadon of pmeeeds to priacipal shall not extend ot
<br />--�-�"�,= postgo�the due due of th�tnanibty paymente refemd co in paragraphs 1 aud 2 or change the amount of suah paymente.
<br />;�'��� 11.BorroW�Not Reteased;�aebaaar�aoe By Lender Nat a Waivcr.Extension of the time for pAyaieat or ntadtfiaatian•
<br /> .��_�� of amortizatEoii•of the swns sccured by tWs$avrltY Insuument gr�nted by Lender to a�r sucoessor in ibterest of 8airowiar Bh�ll�
<br /> ------- aoi operate w nle�se�he liability of the originel Bon+�wer or Borrower's suaxssois in interest.Lender shall nnt be tzqtsi�ed-ttr
<br /> -:� 'cva�enee pmceedings egainst aay suoassor in interast�'on refuse to�xtead dme for payment or oth�vvIr,e modil�r antbrt3zatian
<br /> __-�_�,� of the sums secuced by this Sec�rtry Instrument by reasoa of any demand made by the originAl $ot�ower aa+�orrow�c.s
<br /> °-- nuexssoza in imenst. Any forbearaaoe by Lxader in exercising any rigint or remedy shall not be a ryaiver of or�rectude the
<br /> "---- exercise of any right or nmody.
<br />- �� 2Z. �--�� � Asd�ss Ba�: �ala!s�3 Sxvae! Ltr.�f[Eiyi Co-dgue!n�.tae corenante aad agcamcnm of tL"as .
<br /> -.°-= :Securiry Instrummt shWU�bfnd and benefit the successors and assigns of Leader and 8orrotver, subject to�he pmvlsioas of
<br /> �arag�aPh 17. Bomowt�t'�;�r•r,�nants and agraments shall be joiat aad several. My Borrnwer who oo•si�.this Secudry
<br /> -- - Insonrm�eQt bnt does not;��tlee Note: (s)is co-sign�ng this Sccudty Tnsaument only w mortpt�e.8rant.�uttl•oonvey tl�at
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<br /> � Borrower'a intterast in the�so�ercy wtdsr 8as terms of this SecurIry Inscnvment;N)is not petsondlAy a3bli8ated to Pa�►the suma
<br /> -� aecured by thta Secutity Insaument:�f te�,�graes thst Lcader s3ud aay etha Eorrowtr n�ay�a t,�e�.tanadifY,forbear ar
<br /> - �te aay axommodat�ona r�tL ngard to the terms of tLis Secudty Iastcument or ttte-Note wlthout t�at Botro�ver's consent.
<br /> - 13.Loon ehwcges.If the toan secunod by tbis Secudty insuumeat is subject W,u law wluch set�maxiif�um�latvn cbarges.
<br /> -----.-- and th:t taw is fin�ily inurpraed so tbat the intenst or oth�r loan cbarges oollec�or to be oollated in�oon�iibn��vith tttc
<br /> ___� [oan exceed the permitted limits,then: (a)any such loan churge shaU be rcduood by the amount aa�ssatY to reduat itte char�e
<br /> - to tha pemnivat limit;and.(b)anY sums alreadY ooll�d from Bomower wh[ch exceodad penmittsd�li�mits wlll•bc rofimd0d tR
<br /> Bomnwer. I.ender may dtoose to make tbis c��ad by teducing the prineipal owtd imder'tlta ir'ate�on!�malcing a direct
<br /> payment to Bomower. If si cefimd reduas yrincips�l� ths reduaion will ba i�tsd as a P��P�Ai4'm��at� wIthout a�r
<br /> PnWY�t�8e nnder tI��+I�te. '
<br /> 14.Nottoes.Any uot�w Bornawer provide�for in this Sxurity InstcumGnt s�lf be given�hy delivertng it or bY mailing
<br /> it by fiist cle�ss mail unless appll�ble law cequires use of aaother methad.The notice shall�b�illtexts�l w the Property A.ddtrss
<br /> oY aay other address garrewer desigauii� by aotice to Lender. Any nodce to Lender sUall�be givtn by first class mail ta
<br /> --__,� �W�r•s address stated�eszma''�r a�►y other address Lender d�by notioe to Bomower.Any�@oe pmvided for in thfs
<br /> ---_.r . ��tY Insorument shaIt��tc8�t�bave ban gtven to Bozrowa�or Lendet when givea es piuvided in this parag�aph.
<br />- - = iS.Govantna Law;`'$��eiufi�Y• Tbla Security inshvment shall be goveraed by federal law aad the law of the
<br /> -- jw�sd{e�on in wWch tae p[o�ty is Iuc�ed.(n ilte event that aiay pmvlsion or ciause of this Seauity Insteuatart or the Nota
<br /> . eonflias wIth applicabl�e�s+�:8vch conttia shall aot aftax other pro�'s��s of this Secudty instrum�t or the Nou wh[�►caa 6B
<br />_---- - .givan effoa without Uz�co�43�txing pnovision.To this�ead the pmvisions of this SecuritY lnstrumeat and dze Note are declared
<br /> — • `ta.me severable. �.
<br /> _--= 16.Bore+nwer's Copy.Borrower shall be given oae conformed copy of it��tote.and of thie Security Instcument.
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