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<br /> payment»mny no longer be requined.ot tho option of Lcrtder. if mongage inaurance cover�gc(in th �aunt ancl for the perlod g.
<br /> " ' ''�'"� that Lender cequlres)provided by an insuror approved by L�nder again Decomes availnble and is obtAfned.9orrower�hall pAy
<br /> . ^� tha pnm(uma required ta muintain mortgnge Insurnnce in effec4.or to provide n ioss reservo.untit the requircment for mortgnge
<br /> • lnsurance ends in accardance with nn wdtten a reement between B,orrower and Lender or a Itcnble Inw. �
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<br /> 9.Inspection. L.ender or its ogent mny make masonable entdes upon and inspectlons of tho PropErty. Londar shall gtve
<br /> " 'r��. Borrower notic�at the dme of or prlor to nn inspectton sperifying reasonable cause for�he inapection. �
<br />. 1�. COildGili3ii4I0A.The proceeds of eny award or elui�u for darnages.�ieect or oonsequenti�i. in coru�eetion wld� anl+ �:
<br />" � > coademnatlon or other takiag of any part of the Property�or for wnveyence ln lieu of condemaatton, ara dereby ossiaaed und `
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<br /> � shall be paid to Lender. a:
<br />� In the eveat of a totel takIag of the Property�the proc�ds ehall be applied to the sums secured by this Security Iastrument. °-
<br /> �,,� wh�tber or aot then due, with aay excesa paid to Bonower. Jn the event of a parttal taking of the Properry in which tha fafr -
<br /> --=��_ macket vatue of the Pro p e rt y immediatel y before the tekin g t a e quat to or gceater than t he aznount of the suma s e cw+ed b y t bifl �4
<br /> ' "� �ry insuument immediatcly bcforc tbe taking,unless Borrower and I,ender otherwlse agrce ia wrlting.t�e suma secun:d by
<br /> . `� � this Securlcy Insmuaent shall be reduced by the amount of the pmceeds multipNed by We foUowing frectlon: (a) thu totnl �-
<br />-, .�.,.�� azaount of ttce svms seciarcd �nvnediately before the taking,divided by(b) the fair market value of the Fmparty immedIately =_
<br /> • before the taking.Any balaace sha11 be paid to Borrower. In the event of a pardal taking of the Property in wDIch the fair -_
<br /> ":;:;.����1 market value oY We Property immediately befor0 the taking ia less than the amowu of the sums secured immediat�ly before the
<br />`.� '���'., takjng. unless Bornnwer and I.ender othenvIse agree in writing or unless applicable law otherwise providea�the pmceeds shall
<br /> �jy�''r� be apPlied to the sums secured by tDis Secur3l�r Iasuument whether or aot the sums are then due.
<br />- , ;'r�; lf the Property is abaadonod by Borrower,or if,aRer notice by Lendcr to Botrower th:it Wr COridRm�OT off6n�O mAkB 8A "
<br /> •�.�,�. ' award or settle a claim for damages, Bortaw�t fails to respond W Lendsr wltb9n 30 da,ys at�r the date �ho nmYice is givea•
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<br /> � Lender is suthorized to collecc and appfy ti�ee pmceeds�at ita optioa,eiWer to restaration or repair of tbe Property�r to tAe swns e�.
<br /> '� secuted by this SecurIty Iasuument.whether or not then due. _
<br />"�'�•� Unless Lender and Borrower otheiarise agrce in writia8+ �F aPPlicadon of pmcceds to prinripal shait aot extead or
<br /> � postpoae the due date of the monthly payments refemed to W paragap�s 1 and 2 or change the araount of such ga,�nents. --
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<br />._;__h�,� 11.Borrower Not Released;Forbearance$y Lent�er No!a Waiver.Extepsion of the time for ps}rment or modiRcation
<br /> :y=_�,: of amoriization of the s�uns secured by thia SecurIty Instrument granted by Lender to any successur ia lutereat of Harrowu shaU
<br /> =�_ �'`� not operate to relet�e the 1�abllity of the orlginal8orrowsr,or Borrower's successots in interesc.[�eader shall not bo required ta
<br /> =�','�? commeace prooe�diags against any successor in interest or tefase w extend Qime for�menc or otDerwise modify amordzation :
<br /> -_.-- of the sums secured by thts SecurIty Insmunettt by reason of any demand�nde ay the origittal Bonower pr.Aorrower's
<br /> -_ � `'� bi�tESSG�3 is L7tai�i. .4ay ivf'vaivan� Ly Le�ictr,r iu esa�,�ining aay ri�i ur iaui�iy ir�dil uai be 8�vaiv�i'c�f vs ptwlud�U'�c ,
<br />-_- ��� exenlse oY any right or remcdy.
<br /> —=_===_= 12. b�ocessors and Asslgos Boun�Joint nnd 5evera!LMbWty; Co�sfgners. The covenauta aad egracments of this
<br /> ...��____ Seaulry Insauu►�ut shail bind and beneRt We sucoessors and assigns oP L.endair and Bozrower,.subject to the provlsions oF
<br /> --- P�Ph 17. Borrower•s covenants and agreements shall be joint and several�Any Borcawer whn casigrs d�iis Securiry
<br /> — — Instrument but das noi execute the Nou:(a)is casigning t6is Security Insmumwlt�only to mortgage, gdnt att�d wnvey that
<br /> Borrower's inurest in the Pc+operty uader the terma of this Socurlry Instrumenr, (b)is not personally obligated to pay tt�e sums
<br /> �by this SewrIty Iustn►ment:and(c)agra,s that La►der aud any othor Borrower may agree to extend,madifY�forbear or
<br /> �----�— make any oocommodations with t�egard to the tetms of this Sxurlry Iastnu�at or the Nou wIthout that Borrower's consent.
<br /> 13.I�oaa Cl�rgb.U the loan socured by th[s Security Insuument ia subf ect to a law whfed sets maxlmutu loaa charges.
<br /> aad that law ia fmally iauipreted so that the tata+est or other loan charges ooAe�ted or to be collated in wnnxtion with the
<br /> loan excad the permittod limits.thea:(a)any such loan chorg�e sLall be reduad by the amouat aeoessary to reduce the chatge
<br /> to the permittcd limit:and(b)any sums alceady wllocusi from Bonower whtch ezcaded perniitted limits wW be refimded to
<br /> -__ ------_ Boaower. L.ender may choose to make tbis refuad by ceducing tha P�►�ipal Qw�d uader the Note or by maTrinA a ddrat -
<br /> FgY�t to Bosower. &°a refnad roduaes princlpal. the reduction will be u�ated as a F� PnPaYaxnt wIthout aay
<br /> prepayment charge under the Nou.
<br /> _ _ 14.Notk�.Any noda w Bonower prnvided for in thls Secudry lnstn�mtnt ehall be given hy delivedng it or by mailIng
<br /> ----�-- it by first class mail unless applicable law raquins use of anorher method.The nodoe shell be dIrected to the Prop�rty Addreas
<br /> or any orher addnss Bonower designaus by notioe to Lender. Any nutice ro Leader shall be given by first class m�il ta
<br /> • Leader's addnss stated hereja or aay oiher ad�lnss I.ender designatGS by aot�t Yo Horn�wer. Aqy aotice provlded for in this
<br /> Seau(ty lnsuument sba11 be deemed ta have ban givea to BornoweY or Lender when givea�n as pmvldod In this gar�graph.
<br /> 15.Govantng Law; Sevt�ablltty. Thia Secucity Insuwnent shall be govemcd by federal law aad t� law of tha
<br /> jurIsdtctlon In ahich the Property is located. In the event that any provision or clause of this Security Insuumeat or the Note
<br /> oonflkts witls ap�lkable law.such conflict shsll not affect other provisiotes of this Seatrity lnsuument or the NOte wl�c.h can be
<br /> = . givea effxt withmut the vonflfctiang provisio�.To this ead the provisions of thfs Sauriry lnsuument aud the Not�ere dcclared
<br /> --s ; w,be savetable:: �
<br />,_:;:�-"" � ' � Ib.Bonuwer's Copy.Borrower shall be given one c�onformed copy of the Nott and of this Security Insav��� __
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