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<br /> payaaents may ao longer be required.at the option of Lcndcr,if mongage insurnacc coverage(in the�dua�i attd for the period
<br /> _,,,_,.__ ..,_ ...� that Lender requires)prcvided by an inaunr approved by l.cnder qgaln becomca availabic and ia obtaiae�. Borrower shatl pay _
<br /> the premiuma requfre�to maintain mortgngo inaernnce in offect.or to pmvtdo n iosa reserve,uatll ehe requirement for mortgage
<br /> iasurance ends 1n accordaace with aay wdtten agreement betwesn Borrower and Lender or applicabl�law.
<br /> . 9.Inspection. I.eader or ita ngent mny mnke[easonablo cntdce upon and inspections of the Properry. Lender shall givs
<br /> � Bonower notice at the time of or prIor to aa inepection speclf'yla�rsnsorutblo cuuse for the iaspecdon.
<br /> 10. Condemnatton,Tbe proceeds of any uward or cloim far dnmogea. direct or consequential, in connection with aay :
<br /> 3 coademnation or othor taiitag of aay part of ttte ProyRny�or for convoyance in lieu of coadamnation,arc hereby assigned and '
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<br /> _ � aha11 be paid to Lender. ••
<br /> '� In the eveat of a totel taking of the ProPertY�the pruceede shn11 be npplied w thc sums secured by t�l�Security Instnuneat, '
<br /> •»�� ahether or not then due,wiffi any exc�ss paid to Bortowor. Ia tha event of a partial taking of the Property in which the fair ��'
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<br /> msuket value of the Property lmmcdiately before the takiag is equnl to ar greFStcr t1�an the amount of the sums secured by this =—
<br /> �� ' :. . S$curlry tnsuument immcdiately before the ta�lCing,uatcsa Bore+ower aad L,eadcr othsnvise agree ia wrldng,the sums sec�red by
<br /> this Securlty L�saument�hall be reduced by the amount of thc proceeda mudtlDll�by �he follow[ng fraction: (a) the tatal =
<br /> . amouat of the aums seciued immodiauly bePore this teking,dlvtded by (b)the fair market vaIue of the Praperty immediately L
<br /> beforc the teldng. Any balance aha11 be paid to Bonower. Ia the event of a partial taking of the Property in which We fair �
<br />=`��� ' � market value of the Property imtaediauly beforc the talciag is leas Wan the amount of the ewns secured lmmediateIy before the —
<br /> ;��'- .. taking,unlesa Borrower and Leader otherwise agree in writing or unless applicable law othenvise provides. the proceeds aha11 ,��;t;;;;
<br /> ��� be applied to the sums se�vred by this Securlry Instruraeat whether or not the eums arc then dus. E��s'��
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<br /> - If the Pmperty is abandoaed by Bomuwer.or iY.after aotice by Lender to Borrower that the condemnor offers to make an �;`,��
<br /> award or settle a claim foc damages. Borrower fails w n�pond to Leader wtthin 30 days aRer thc date the nottce is given, `�'_�_
<br />= I,ender ia nuthocizec!w coUxt aud apgly the grcaeds,at its ogtlon,either w restoration or repair of the Pcogerty or w the seuns =--
<br /> :. secured by this Secudty In+t�rrument,whether or not then due. _
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<br /> , �. Unless I.ender and Borrower otherwIse agree ia wrlNaB. �Y aPPlicatton of procads to prlacipal shall aot extead or
<br /> 1� postpone the due date of the moratbIy paymenta referred to In paragraphs 1 and 2 or chaage the amoune of auch payments. —
<br /> � •�=� 11.Bon+uwer Not Released;Forbearance By Lender Not a Watver.Hutension of the time for paypaent or modification
<br /> � of amortlzedoa of the suffi secured by this Serurity Insnumeat gaated by I.eader to aay auccessor in iaterest of Borrower abali —
<br />_ �' not oparate w release the Ilabiliry of the orlginal Borrower or Borrowcr's successors in fatenst.L,ender shell not be reqalre�l to
<br /> „ . conrmeace procxedings agdast aay succassor iu interest or nti�se to exund time for payment or othenvlse rnodify amortization - -
<br /> ' . •� of the suma sxu�+ed by this Security Insawnent by reasoa of any demaad made by the original Borrower or Bormwer's
<br /> sucas.aors in iaurest. Auy forbaan�nce by Le�tder ia exercising any dght or remedy ehcill aot be a waiver of or precIucle the
<br />- exercise Of any right or remedy. _
<br /> ::,-_ = 13, $t�M�nrg f.��l��aet�Rnund; J�iM pnd 4evernl 1.ipbil[ty; Caslgners. The covenanu and ag�esnents of this �-
<br /> � .� Seeurity Instrument shail bind and beae8t the successors and assigns of L�eader aad Borrower. subject to the pmvisions of --
<br />_`, . paragraph 17. Bonower's covcnants and agreemcnts shall bo joint aad savc�rsl. Any Borrowcr who eo-signs thia Saa�r�ty �-
<br />��i��"�.'"' �` IAStcament but daca not w�u the Note: (a)ia co-signing this Secudty Insuuaneat oNy to mortgage. grant and coavey that
<br />=:�'�t , Borrow�r's interest ia theProperty under the terms of this 5ecudty Instnuneat:N)�S not personaUy obligated w pay the sums
<br /> ',ti;�` , ` secnrtd by thia SecurIty Latrument;end(c)agreGS that Ieader end aay other Borrower m�y agree w extead. modify.forbear or
<br />��'�'`°":. •: ���' make aay accotamodatiom with regard to the terms of this Sccudty Inmuraent or the Note without ehtt Homower's conaent. -
<br />'''''.° :�`� 13.I.oan�Ct�arges.If the loan secured by thfs Security Iastrumeat Is subjea to a law which aets mcxtmumloan cherges, -
<br /> '�""` ' `` and t1►at Iaw is finally irne�sreted so that the interest or other loaa cherges collxted or to be collected ia cosmoctioa wIth the . _
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<br /> Iaan exceed tha permiaed limits.then:,(a)any such loan cLarge shatl be reducod by the amouat necesaary to reduce the charge �
<br /> ��''R'�� y�' to the perc�iued limit; and(b)any snms already colle�ed from Borrower which cxceedcd permitted limita wlll be nti�aded to.
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<br /> 1-�'af�.------- Borrower. Lender may choose to make thia rethad by reducing the princIpal owed uader the Nou or by making a dinect
<br /> °y'm'-�---=-":'�a� t to Borrnwer. If a refimd roduces ci al. the red�ction will be u�eated as a artial
<br />�s,�c��r..�",.�'`�l PeY� P� P P P�F�ymeat w[thout any
<br /> _. _:_.,�s.� prepa}rment charge uaderthe Note. �
<br />��tu��^,T 14.IVo�ptoes.finy nadce to Hoirower provlded tor ia this S�curtty lnst:ument ahalt ou given by deliver9ng tt or by maiiing --
<br /> �:=.��:..,,� it by first cless matl un�leu applicable Iaw requires use of another method. The aotica shaU be diKCUd to the Pmperty Addz+ess -
<br />""°"'""p'`�� ' or aay ather address Haamwer desi�ates by notice to Leader. Any aotia w Lender shaU be givea by ftrst class matl to �
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<br /> �:,1ra�� ... L�nder's addz+ese atated haein or any other address Lender designaus by nodce to Borrower. Aay aot�toe provided for ia tbis .---_
<br /> '��:`�`" Secudry Instttmaeni ahall be deemed to have beea givea to Borrower or I.eader whea givea as pmvided ln thts paragraph. _-_
<br />'�"-'='�` 15.Governing Lsat 8averabDity. This Securicy Insaument shall be governed by federat law sud the law of the �
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<br /> �:�,;�a"-. , jurlsdiaion in which the Property ia located. Ia the event that any provision or clause of this Sccurlty lnstnunent or the Note
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<br /> -= °�;;�;;�, � conflias wltb appHcable lew,such conflict sha11 not affect other p:sovisions of thtn Sa;urity Iaeuvment or thc Nou wLich can be
<br />� ;`�"'�';�;��''ii;•`• � gtven effect wIthout the c�liding provision.To thfs end tha provisions of thts Security Insuvment and tha Nou are dcelared
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<br />-'''' A'�ti'.%ti; ' ��16.$orrower's Copy. Borrower shall be given oae conformed copy of thB Note aad of tbia Securlty lasuumeat. �._
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