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<br /> � �' payrments may ao longer be required.at the a on of Leader,if mort ��� �o����
<br /> pta gage insurance wverage(tn maaunt aaQ for periad
<br /> ,.:� �- th�t Lender �equires}pruvEded by an ins�u�er appmvad by l.ender agnIn 6ecames availabfe and is o6taiaed.Bormwe=shail paY
<br /> °.`�< <4� the premiums.required to raaintain murtgage insur.inc�in effat,or w prav�de a lass resenre.unn7 the�eqeirement for moagage �
<br /> .. `' .f '�'•' . insucanse ends ia a000rdance with an wriuea �
<br /> .. . Y ag�+eemeat between�osrower and�xnder or epplirabie law.
<br /> ' ` : 9 Iaspxttton.Leader or its agent may make reasonahfe entries vpon and ias�edions of the Prope�ty.Lender shall give �±
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<br /> •', ��,;; Borrower natice at the time of or prior to an iaspectian spe�cifying reasonable rause for the inspectIon. -
<br /> 2t�C�a��a. 13te prncer�s af aap award or claim fc►r dumages.d�ect or co�sseq¢eatis�. in co�tion whh�r
<br /> `".� . ..: � condemnatioa or otker tafdng of any part of the Pmperty.ot for wnveyance iu lieu oi wndemaatian.are hereby assigned aad
<br /> "�.�;. � � . .;
<br /> .� .�,'- . : :; str�l!6e patd to Lecder. . �
<br /> • In t�e evem of a mtal tt�ing of the Property.the pmceeds shai!be appl�ed to th�sums secuced by this Secnrity Iasumment, ��_
<br /> ':��, whether or not then due,with aq4r excess paid to Bomnwer.In the eveai of a partial taiting of the Prope�ty in which the fair �:�
<br /> x. mazket vaiue of the Fraperty�m�*+�t�atP�y before the tald�tg is equal w or greater tGan the amount of the sums.secared by this ���
<br /> '` ��. �' Sec�iry rn�n,�r.�r immediatety Qefot�e t6e taldng,aNess Bormwer and LEnder otherwise agree in wiIting.the sutas s�u�d by _
<br />:. ' ;'_,� .'��� dus Security Iastrumeni sl�all be reduced b�►the araount of the pmceeds aNltiplied by the foIlowing &a�ion: (a)the total �'�°
<br /> ` �h; mnnunt of the sums seatted irnm ;Arp�y before the taking,divided 6y(b)the fair market valae of the Property immediateiy �;,
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<br /> `. before the takiag. My batance sl�all be p�d to Boirawer. In t1►e event of a paatiai tatdng of ttte Pcaperty ia wtuch We fair �f_
<br /> A I r��. ' �- . market vatue of the F�opeRy.imatedtately befote the►aking is Iess than the amo�mt of the swus se�mod'u�ed'iately befo�the ! _
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<br /> i; tatting,unless Borma+es and Leadel othecwise agree in writiag or unless appllcable lav�otherwise pmvides,tfie pr�oceeds strall �;
<br /> '<<�, : be applied ta the swns secare�by this Securi�y Insunment wRedier or not the sums are then dne. � �--
<br /> �/:,�,;.`:� If the Pr�peny is abandoned by Boaower.or if.afrer notice by I.ender to Borrower that the anndernnor oSfets to make aa ��4
<br /> _;;�';.���r� �' award ar settle a ctaim for damages. Borrower•fails W respond to Leader within 30 days after the date the notice is given, �
<br /> � ��:�����. �' I.e�er is authorized to ooltett and i th '- '
<br /> ,��h �j app y e pmcePds,at lts option,either to restoratio�or repair o�'We Property or to the sums '
<br /> ':���f. . ;;; s�aue�by this Security Iastrument,whether or not then due. . �:�
<br /> � ��`•' Unless Lender aad Borrower atherwise a in writin --
<br /> ; �;�;., � g•�Y aPPlicatton of proceeds w principal s4all nat extead or
<br /> � , � , ,-. postpone the dae date of We manttily payrneras refemzd w sn paraga�,.�hs 1 and 2 os chaage the amoant of such payments.
<br /> � � ��_
<br /> ,_'�"�..,��'--�..:�, � ll.Bosrawer Nat Reteased;Forhearance'By ff�.+der Net m.�tVaiver.Extension of the time fo't payment ar tuosifrc�tion �--
<br /> ' � �•` � of atnortbation of the swns secviced by this Se�uriry Lr,�c�vme�t��by Lender to any snecessor in iqtet+est of Borrower shall ��=-
<br /> .. '' �.1 nat ope:ate to retease the liabiliry of tixe ariginai&irc��ec•ar Bo��'s saccessois in interest.I.eader sdall not be requi3ed to �
<br /> . • �, � �..� ��� cammeace pmceedmgs against anY suoarssar ia's��or refnse[v eatend time for payment or othesaise madify aarort�tion °-
<br /> ,: .'9 of the sums secared try tius Security Inst�um�t b'�.aEason of any demand ira�� by the original Bbr�av�er or Bomawer's ' ±�`~
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<br /> , • :,.;;�;: � saocessoss in interest. by ��encising any right or��y shaU not be a cwaiv�r;oF ot P�clade the �' °t
<br /> , ;:� An3+fo�arance I.ender� .
<br /> ' �. .{ exercis�of uny right or remedy. � , �...__
<br /> i%t!1���``s', ::# 12.Suc�ssors and Assl�Bmnnd;�oint�and 3everal L�bilityi Co�sI�as. T(ie .!��aais and.agreemeats of this _ .
<br /> ` :�14��° ��, Security Luaument sha11 6ind and De�zSa the su�cessois and assigns of Lender and Bomir;.�.�,subject to the provisia�cf -
<br /> � �-`� .F�S�Pb 17. �orrowePs covet�ants aud ag�.shall ba joint and sevetai:.pay Bomower wlto oo-sigas this'Sesuritq :',
<br /> 7nsUVment isut does not e�cecute the Note:(a)is oo�... `-`
<br />- : ''-� �niag ttus Secur�ty Instrument onty to mortgage,grant aad com+ey that �-�;
<br /> . , :;l � Borrawer's interest In the Property�ucder We term5 c�iiris Security Instrument;(b)is not personaUy obiigated to pay ihe sums a;___
<br /> ' � „ ��:<< s e c u re d by t D is Security Instrament;and(c)a�that Lendes aad.:�y other Borrower may au,.^�e to eatend,mudify.for6ear or �--
<br /> . . � . .;,� make any acoommotiations with regard to the temis of this Seauity L�neat or the Noic witf�rau�tthat Bortower's eonsent. � �.�-'
<br /> . � 13.Loan Cl�arges.di the taan secured by this SecnrIty Irutrumeat is snbjec�m a!aw which sets maximum toan charges, . -_
<br /> ' . ';� '.�� . aad that law i's'finally interpmze�so tbaa the intergst or other toan c6arges colte:tsa3 br�to be oollected in connection with the ' � .
<br /> �... �' „ • � . Ioan exceed the pemiiued l�its,then: (a1 any sach toan charge shall be reQuced�p the amotmd rieressacY w ieQnce the chazge `r���.:,,
<br /> • �,z:� :: '`i to the Y pe�rai�ted limits wil!be refunded to
<br /> - :.,,:>�.�,, • permitted limit;and(b)any aums alread ¢ollecte�.from Borrower which exceed�ed -
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<br /> � ';}':�}�';?s;�:..;•;. .. ��+�• tu'.a:der way choose ta malce thia refund 6y reduciag We prIncipal oaed under cis�Note ar by making a direct =-_
<br /> � F��'• � � ' '..� aa ment�ta Borrower. If a refund reduces sind r�ll, the redaaion wiU be tneated.as a artia] —
<br /> ' ��.3 � . y P P • � . P D�Payment withoat aay
<br /> '� �:�repay�nent charge ander the Note. •
<br /> , • : '�: � ":• 24.Notic�.Any notioe to Borrower provided for in this Secnrity InsWment shaU be�iven by delivering it ar by maiting � ��-
<br /> 8_
<br /> it b first cla,ts mail unless a lica6le law �='_-
<br /> . � .:.!� Y pp requlres ase of another method.The aotice shall be dirested to the Pnoperty Address _.-
<br /> � �'•� ' � or any athe�address Borrower desigaates by narice to Lender. Any notice to I.ender shalt 6e;given 6y t'ust c}ass mail to �:'
<br /> � � �:; ' •�.Lender's address stated herein or arry other address Lende�designates try not}ce W Borrower. My natice pmv�ded.for.in this '!?�� '
<br /> - - �.�• , .Security Insteument sball be deeaied ta have been given to Borrower pr Lender when ven as ��f
<br /> , : . 8� P�vided in this paragraph. . ,I�;,.
<br /> � ! • 1S.Governimg Y.aw;� Severa6Wty. This Security Insaument shall be govemed by federal taw and the law ofthe ��
<br /> ,; jurisdiction in which the Propetty is lapied.la the event thut aay provision or ciaase af tius Secuclty Insmunent or the Nota . E:-
<br /> , • 4 � conflicts with applicable law.such ooaS�ia shall not affect other provislons of t6is Security Iastrument or the Note which can 6a �-
<br /> � -; p,iven effpct without the wnfllcting provision.To this end the provisions of this Seturity Instrument and the Note are decia�d ' � �
<br /> to be severable. � �_,
<br /> � �� . 16.Bor[ower's Ce�}g.I3orrower sha116e ghe�a 4r�wnformed oopy of the�cte aad of this Security in�aent. __-
<br /> - a • � Form 3028 L'f90 �"'
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