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<br /> payments may ao tonger 6e reqnired,at the option af Lend�,if mortgage u�isuranc�wve�age(in the azaount and for the period i ,::<<,.I
<br /> .. • � that Lepder Rquires�Providod by mi insumr approved by Exnder again beoomes availabie and is obtained Sorrower shaU Qay � ,• . ;
<br /> �' ,'�•`.�` for uiortgage
<br /> . .,�'f,..:�. . the premiup�s required to maimain mortgage insurance ia effect.ar to provide a loss reserve.amii t6e requi�esment S°' . `.
<br /> , u :,` , insui'anae en�s itn acootdance with atry wntten agt�eement between Bo�ower and 4endes or applicable law. �...:.,.::
<br /> ` 9.In�sdion.Lender or iu agent may make�easonabie entries upon and inspections of the Property. Lemder shall gtve !
<br /> .4 . �`� �orrower notice at the time of or orior to an inspection specifying reasonable cause for the inspection. I ;�..;:�.
<br /> .. ..
<br /> --�.. 10. Condemnattoa.79ie proceeds ef any awacd or claim for damages, direct or wnsequential. in connection with auy � : .
<br /> � condemnarion or other tal6ng of aay pact of the P�peRy.or for wnveyance in Geu of oondemnation,aze heieby a,signed aad � � _
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<br /> �� �` shall be paid to L�det. _ ,
<br /> . � .'`- In Wc event of a wta!talang a�the Prnperty,the prnceeds sha116e applied to the sums secaied by t6is Sec�uity InstNmeat. C :' : �
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<br /> whether or not then due.wit6 any exve.ss Paid to Borrower. In the event af a paitial taking of the Property in whic6 the fair � .,- ,,•
<br /> � `� ; °`:, market value of the Property immediatetY befote tIie talang is equal ta or greater ahan tiise amount of the s�uns secuied 8y this ; . �-:
<br /> ' .�,. . . .• g��y�immediately before the talting,�mless Sorrower and Lender atherwise agr�in writing,die s�uns secured by '�:e;�:
<br /> !y'" � this Sec�icy Iastsament shali be reduced by the amonnt of the proceeds mu[tip]ie� hy the following fra�ion: (a)the total � . <,�,
<br /> , t before the ta[dug.divided 6y(b?the fair market vatue of t�e Property immediateiY ��_-"_'
<br /> �",,.I( � ffiaount of tfte sums s����Y `;.,;....
<br /> . ,. 6efore the tatdng. Aay balanos shall 6e paid to Borcowes. In tAe event of a partial taiun8 of the Praperry in which the fai�r
<br /> • -,' `�� befor�the '�•%''
<br /> .. . �(�•`: ';` market valae of the Propeaty imme�iatel�t�efore the taking is tess than the amwmt of the snnrs secured immediately •
<br /> • tatdng,unless Borrower aad Lender o�se a�ree in writing or nnless applicable law othezwise pmvides,the p=oceeds sEall '�,+.:'��;:
<br /> � :`�� `�, he applied w the sams secured by dris S�iry Insuumeut whether or aot the snms are then due. ��-`:
<br /> ��..-:-
<br /> I f t h e F c+n p e c t Y is a6andonec�b y BorNwer.or i�aftec nodce by Lender to Bormwer tbat the oondemnor offers to make an ,�_�-
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<br /> � � • award or sc�a claim for damaSes,B�czrower faits to r�spond to Lender within 3 0 d a y rs a fter t he d a t e t t t e n n ti ce i s g i v e.n,
<br /> :". Leader is�to callect and agpiy�prooeeds,at its optioa.either to restoration or nepair of the Pmpetty or to the sams :�`'=
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<br />- secvred 6y ttds Secnriry Instr�nent,wae,th�r or uot tl�due. :�:c
<br /> ' ' Ualess Lender aud Bomnwer otheiarise agree in writing, anY aPPU��oa of proceeds to principal shaU not extend or �
<br /> . . .;��� the due d a t e o f t h e m onthlY Pa Y m e a t s r e f e m d w i n p a r a g r a p h s 1 a n d 2 o r c h a n ge the amonnt af sucd�p aymeats• '�'`'
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<br /> . ` . :: ,.��; 11.Boarower Not Rel�sed;Forbearance By I.eader Noi a�Faiver.Extension of the time for payment or mndificatton
<br /> . of amorti�tion of tha sums secuted by this Sec�rsity last�me�gc"��bY Leader to any successar ia interest of Eorrower shatl �.�-�:
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<br /> .. , not operate w mlease the liab�7ity of the�igimal Bor�wer ar Bqatir•}'er's saooessars in inteiest.L.eader shaU not be reqnii�d to ;"-.::.
<br /> oammeuse pmceedings against anY suaa�r in imenest 4r refnse.i�extend time for payment ot athcrarise modify aawrti�atioa �"`-.
<br /> ne
<br /> ` •� of tbe sums secared by t6is Sea�ritY �ent by reason of any demand�ttade by the original Borrawer or Bormwe�s �:� .
<br /> . . � :'; suecessors ia interest. Any forbearaaoe'C7�I�eader in exercisinS�Y�Sht or remedy shaU nnt be a waiver of or preciade the ���:�--
<br /> .�.� �:�� � • ? exercise of any right or remedy. : ':�'�;'-
<br /> , � •��4'�.: ,:; !2.Suoces�ars and Assigns Bumsa`'�doint and Seo�a!H,�bility.Co�lgners.The ornenat►ts and agreements Qf ttus �..
<br /> ss . �.;;
<br /> . . . . ge�rity Iasuument shaU bind and bert�Eit the saccessots and as.siSns of Lendes and Borrow�'. sn6jed to the provisioas af `' .
<br /> . , ' • ..4 patagraph 17. Borrower's covenants and ag�euuiients shalt be joi�and several. Any Borrower who co-signs this Security :� - _
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<br /> 'F-�i I�ttument but does not execute ch�e Note: (a)is co-si�ning this Security Instrument onty tn mortgage,gcant and convey that � _
<br /> --- � obli to the sums -
<br /> - --'�"- Borrower's interest in the Pro�erty undr�the terms of ttus Sea�itY lasuumen�:(b)is nat peasonatiy g�d PaY �j� ._
<br /> ��j i secured by tius SeatrltY Insuument;anr��c)agc�s that lxnder and any other Borrower may agree to extead,madify,forbear or 4: ..
<br /> • myke any accomma d a t':om5�+i t b tegar d t o t h e t e r i n s o f t h i s S e a u i t y I n s u v m e n t o r t h e N o t e without that Borrower's consenf. �,_.-
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<br /> .. �'t 13.Loan Chaeges.If the loan secvred by this Security lnswment is subject w a law which sets maximum loan chaiges, !-.
<br /> � . . .� and that law is finally ime�prete�!so that the interest or other loan charges oolle�teA or to 6e coltected in connecxion a+ith the =
<br /> • loan exc�cl�e pemriued limits.thea:da)any sach loan charge shall be reduced by the aawuns necessary w reduee the charge _ -
<br /> '4���,.•.� s limits will be retumr�W —
<br /> �i:�nfts�; ::� to the per��d limit:and(b)a�►Y�as alreadY ooltected fmm Botrower whtch exceeded p��tted =
<br /> . 8ormwer. I:endet ma y chvose to �atce this refund by redacing the principal owed onder��e Note or by maldng� � _
<br /> • , ' :�,,.. � payment to Borrower. If a kefimd reduces principal. the reduction will be aeated as a partial p�3.?zaeu Y _
<br /> � . . , � t; ' prepayrmeat charge under the Note. __
<br /> � '�! 14.Notic�.Atry nntice tq Borrawer provided far in this Secudty Is�straraeat shaU be Aven by delivering it or by mailin� _-
<br />= . .• ':': � � : . it by first class mai!nnless applica6Ie ta�rr requires use of another method.The nottce shall be directed to the Properry Addness —�--
<br /> � ' ` ��, or any other addness Borrower des�3'.es by notice to Lender. My notice to Lender shall be gfiven by first class mail to _-
<br />-- � �� Leader's address stated Tn�ein or'a�other address Lender designates iry notIce to Borrower. My notice provideA for in this
<br /> • ' �� �:� g Secv�rity instnunent sha4F 4`�deemed to have been given to Borrower or I.ender when given as provided in this paregaph. _� .
<br /> . . . � . > 15.Cc>vernitsg Law; Severa3s',:�t9• This Security Instmment shail 6e govemed by federa! !aw and tne !aw of the �_:
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<br />_-• � . "� jurisdictie�i�which the Propetry is f�sated. In the event that eiry provjsifln or clatise of 8;is 5ecurity lnsuument or the Note �:
<br /> •.'...�'. �:_
<br /> � , ;�.� conflicts with applica6le law.suct�c�azfl'�ct shall not affect o t her provisions o f t his Secari t y�i..t U m e n t o r t h e N o t e w l u c h w a b e _
<br /> . } given effect without the conflicting&�r;vision.To this end the provision�of tivs Security I�suuraent and the Note are declared �
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<br /> • ; to be severable. �'''"'
<br /> . . ' ;: � :� 16.Bormwcr's Copy.Borrovrer shalt 6e given one confotmed copy of the Note at�of t�is Security Instrament �-
<br /> k Form 3Q28 9(90 ' .
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