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<br /> ° ' � � at the option oi Lender. ig mortgage iasurance ooverege (ia tRe amount and for the period that Letcder req�utea) `
<br /> . provided by an insuter appmved by L�der again becomes evailable and is obtaine�.Bornower shaU pay the premiu�ns � ..
<br /> � , required to meuitain mortgage insuraaoe in effect.or to ptovide e lass reserve.emtii the requi�nent for mortgage :�°
<br /> � insurance eads in acwrdance witD any wrntten ag�ment�emeen Borrower and Lender or applicable taw.
<br /> .°�`•. Q,Iaspectiaa.Lender or its agent moy make reasoaaMe entries npoa and inspectioas of the Property.Leader shall .
<br /> - . give Borrower notioe at the time o!or prior to en iaspection speciiyiaS re�nable cnu,e for the inspectioa. -- -
<br /> .``,.,.. ' 10 Coad�maation The praceads of any awar�or claiia for damages.direct or cnnseq�eatial,�a cona,ection with . �
<br /> ' � any ooademaation or other taking o!anq part of the Propetqt.or for conveyaace in lieu oi condemnation.are here by ,. .:. ;
<br /> .. ' ..' astngned aad ehall be paid to Lender. `�."` .
<br /> -- = � . � ` � In the event of a total teking of the Property.tha Proceeds shall be applied to ths sums secured by thia Security C� ` ;°.
<br /> �. ' Insuument,whether or aot then due,wit�eay egcess paid w Bonower.ln the event of a partial taking oi the Property in '�I
<br /> • . � which the fair market value of the Prnperty immediately bdore the taking ia equal w ar greater tt�an the amouut of the � ; .
<br /> suma se�ur�ed by this Secvrity Iastrumeat imtaediatelp before the takiAg,unle�Bortower and I.eader atherwi�ag+� .�
<br /> � �. ia writiag,the suma sa:ured by this Security Inswmeat shaU be reduo�by the amouat of the prooeeds multiplied by �
<br /> �� the following fra�ion:(a)the total amount of the sume secured immediatelp before ttte takiag.divided bq Ib)the fair op ,::
<br /> market value oi the Progerty immediatety before the takin�AnY balan�shall be paid to Bosrower.In the event of a �y.i -:.� �:��-
<br /> � .; � pardal taking of the Property ia wlueh the isir market vatue of the Property immediatelp before the taking is les4 tban � : .
<br /> ..� .�. � the amouat oi the sums sei.vred'uamediately before the tmkiag,untess Borrower sud Lendes otherwi�e ag�ee iu writing
<br /> ..4. `:
<br /> . . _ or unle� applicai�le law otiierwise psovides. t�e pi+oceeds shall be applied to the sums secured bY t�his Secuiaty �f� :
<br />- � . � Inscrumentwhether or not the snms are tben due. �.:
<br /> . .. � ��'. If the�pe�rcg is abandoued by Borrawer,or if.after notice by Ixader to Horrower tbat the caademnor offers.to ;.:;:.�r�:
<br /> - --�L . �ake aa a�ard pr settla a claim�for damages,Barrower fails w respond to Leader witLin 30 days after the date the .
<br />. � Qotice is given,Lender is suthorized m ooltect and apply the proceods.at im option.either to reStoratioa or s�epair a4 the
<br />. `,'•. .��1•. •l...� property or to the snms sectu+ed by this Securitp Im�ment,whether or rwt t�ea due. .
<br /> ' Ualess Lender aad Borrower otherwise a9ree ia writiag.aay application ot pmceeds to priacipal ehall not estan.d or . .
<br /> - �--- •��.:+,..#' ' pos�oas the due date of the moathlY FaYme� referred to in ParagrePl�a 1 and 2 or change the amaunt oi mrch .
<br /> . ments.
<br /> � ° � <,:��:� PHY I 1.Bor�awer Not Released;F�rbearaace By Lendes Not a Waiver.ESteILSlon Of thC tllri6 P02 p8yffiCnL Of '.,'it
<br /> � � �'�'i ffifl�catioa of aa�ortization af the suma s�by this Securin►Instrurment ganted bp Lestder to any sucressor in - '. "<:�'
<br /> �urest of Horrower shall ttot ope�ate to s+elease the liability of tQta orig,�t�flrrowet or Borrower's sua�ssore ia �r�F,y�-_'
<br /> ��;,:' .;x�terest.Lender shall not be req�nred to commeace proceediaga agaiast a��ncce�or in interest or r e f u s e w e a t e n d •:�,� .——
<br /> Le d ��
<br />. •:'�'.�,r time for paynaent or otherwise madifp amortization oi the suzas�ecured�b�t3is Security Inswment by reasoa of a�y � �.
<br /> . ' li'!�t- '� '�' '.
<br /> ��'?>:'. :. desnand�by the original Borrower or Borrower's suoo�s in iaterea�Any forbearance by Lender in ea�
<br /> - . � sny right cir remedy shall aot ba a waiver of or prectude the esercise oiany right or reatedy. ` � ,':=�-
<br /> 12.Snccessors and Assigns Hound;doiat�3 Several Liabil�ty;�o-sigaers.The covenauts a.�1 aS�eements � s ,�, ,.
<br /> � of thia Securitp Instrumeat s7�a11 biud aad benefit the su�ors aad ass'sgns of I.eader and Barrot�ei'.enb�ct to ttte �
<br /> : `' . �• > provisions o4 paragrapb I7.Borrower's oovenaats and agree�nente shall be joim and severai.Anq Borrower who co-signs � , N, .
<br /> ''=ri<,;•�,` tbis 3ecurity Insanrment but does aut ese�ute the Not� (a) is co-sigaisg this Securitq IasWment aWy to martgage. ;:=
<br /> � � ;���?;`����_�, g�ant aud copvep that Borrower's�ir�st in the Pmpertq under the terms of this Secwity Iasttumea� (b) is uai '�.:-;:
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<br />_ pereonallq obligated to paY the sum�_�by tbia Security Instrumea�.aud (c)agrees that Lender and aay oth+er �,,.`,,;:-
<br /> forbear or make an acnommodatz.r�with regard to the term�e of thia Seawi 4'h ---
<br /> � •� t 8orrower may agres to estend,madi#Y. Y . � �`,�'>S:._`;-�
<br /> � '. . ..,.:' InswmentortDallotewithoutthat�osrower"soonsen� _ ''",,r`-
<br /> �A ��. 13.LQan Chas�es.If the loaa�curod by this Security L�mrumeut is sublect to a law which seta maai:num.fc� _
<br /> . , r'::y , charBes.�3hat taw ia finaUy iaterpreted so that the iatete�os other loan chatges callecced or to be coltc�i� _
<br /> �,� s.. caaaectioa with the loan escee8 tha permitt�d limite.thea:fa)ar�y suoh loan charge sball ba seduced T�q the R,�rt�.�,^_
<br /> � aece�ary to reduce the charge to�the permitted limit; and (b) anY sums already collected irom. A+sr.taowet�Z:�h � _=
<br /> � esceeded permitted limim wiU ba refunded to Borrower.Leader mey choose to maYe tbie ret�ascI.ir�reducing the ��:- ��.
<br /> priactpal owed undes the Note or by makiag a direct payment to Bonower.If a refund reduces psiacipal.the reductaon '�
<br /> u ,,��' �; ` will be tteated as e partial prepey�rsent without anY prepaYtitent cbarge uadet the Note.
<br /> ������•'�"����'` 14.Noatces.l�q notice to Horrower rovid�for in this Sacurity Iastrumeat shall ba givea by delivering it ot by =
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<br /> mailir�g it bq�rst cla�s mail ur�less applicable law reqvires use ot another method.The notice sLa11 ba directed to the � ;;: .�
<br /> _ � �' � Pmperty Addre�or any other addre�Bonower designates by notioe w Lender.Aoy notice w Lender shall be given by 'f;.:�. ,
<br /> - ' �� fitet clas9 mail to Ler►der's addrese stated hereia or any other address l.eiider designatee bp nottoe to$orrower.Anp '
<br /> as
<br /> . � � notioe provided for in this Security Iastrument shaU be deemed to have ban given to Borrower or I,e�tder when�ven ''�`� .`
<br /> - . ' as provided ia thie P��P�
<br /> • 15.Governiag Lew:5everability.Thie Security Iastrument sLaU ba governed by federal law aad the lsw a4 the •
<br />— �., iurisdiction in which the Praperty ie lacated.In the event that aa,y provieion or clause ot this Securitp Inswment os the
<br /> � Note conflicte with applicabla law.such oonflict shall not atfect other proviaions oi this Securitq Inatritmens or tha Note
<br /> T , �', which can be given eftect without the conflicting provision.To this end the provisions of this Secusity Inswmeat aad .
<br /> ' ,. . . 4he Note are declared to be seversble.
<br /> ' � � Fo�to 80�er�/0 �..
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