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<br /> - ' ������°�a=��� ,�K�
<br /> ' at ttte option of Lender.if m�rtgage insvranse��
<br /> _ . PaYmeats maY no toager 6e requiced. rav�by Leuder again 6eoomes aveilabte and is oMained.Borc+awer shall paY _
<br /> t1sa1 Leader �quires)Pmvidod hy an insurer aPP for�oltSaSe
<br /> � u�surance[n effect,or to pmvide a toss�eserve.until the�equisem�n�
<br /> the remtums recluired to maintaim m�atgage' �'
<br /> � �<',., P with any written agreen►ent between Bortower mnd Leade�or appticaBle taw. �er s6all give �
<br />_ _ .,,` . insuraaoe ends in eccoTd�tce �cq,wnabte ent�ies upon and�nSA�ons of the Pc�ercY• . �.�•,�
<br /> ,-.�.. . 9.Ius�on.l�nder ar its ageat may te cuuse for the tnspec�n. ��``'
<br /> Rorrower natice at the time of or p=iot to an jnspection SPecify�nS� �. iA wnaection with any
<br /> �,�:., �.:
<br />.- ' '..—4..sF {V:C a r c d e m��n.T h e p r o c e a d s o f a n y award or�laim for dama�es.d.ireca ar oonsequenti ��e d a n d --
<br /> .ire
<br /> �� cu�maadau a:oit�r taking of any pait of the ProPertY•or for conveyance ir►tiw of co n demmtion.aze h e r e i s Y . . .
<br /> � . shall be patd W Lender. this Se�vrity Ins�ument. •`�
<br /> In thc evem of a tata!tai�ing of the Ptoperty.the prooads ahalt be applied w tAe sucas secur�d bY u►which the fair �.'
<br /> .`� ,` due.with aay excess paid to Botrower. In the event of a pa�sial taidng of the PwPertY � � �
<br /> whether or aot dten to or greater than the amnunt of the su�s secured bY this
<br /> - - ma�ket value of the Ptepetty immediateiY before the tatang is equal the stims soeured bY . �^_�
<br /> � in wriang. im —
<br />' . . • �Srity Tnsinimeat immed'iatety before the tatdng.uniess Bo:tnwes and I�ader a hed by the fatlowing f�ac�ion• (a?the totai �;f^
<br /> . n ..� tltis Secuiih► Ia�n��shall 6e reduaed by the amount of��bceeds mu[��vatn�of the Praperty immediatetY �—`. _
<br /> . , ewi before td�e ta1�S, -
<br /> '`} a m o u n t o f t l i e s u m s secured immediatelY ut wi�ch the fair _
<br /> �` y'�. .. pAy baleace shall be paid m Botmcver. In t he ev e a t o f a p a rt i a l t a�n 8 o f t h e P r o p e rt 5► before the =��_
<br /> befora the tatan8• �
<br /> ` • �,�.,'�ts�°�' immediately befine che taking is less than the arnount of the sums secuc�l i�1Y c==
<br /> _ , ma�ei valtte of'the ProPeriY In vv�iting or uuless aPPlicable law othemis�provides.the prooeeds sha11 = -
<br /> .;'s,`. "- taking;unlesg Barrower and L�nder otherv�►�se e&�� � _--
<br />• �,'":�` Ae apPfied to We sums�secured by this SecuritY Insuumelrt whetS�er or uot the sams are thea due. �
<br /> ' �s abandoned 6y Horrower.or if.after natioe bY I�de�'to Bamawer that the t�oudemnor offers to matce an -
<br /> � ..E I€the Prop�EY� Bosowec fails to resPond ta l.ender aritbin 30 days after the daze the aatice is given, E_
<br /> :�" "� award or s�tle a claim for daa�ages, or w the sams: a _
<br /> . " r .I�R d e�is s u t h o t i Z e d[o o o l t e C t�d a p p l�r fh�Plo�eds.at its oprion,either to reswration or repair of the Propeztl► � ,
<br /> .::,� � ..s.i � '
<br /> ; sec+ue�by t�is Sec�rit3►In�.wflether or not thea dae. �o �iact shall noi eatend or ��_
<br /> � ��ng, any applic�tian of p�s P P� _
<br /> . - . � Untess I�ender and Borrower otbecwise ag�� hs 1 and 2 or chan8e the amaunt of snch paymems- ------
<br /> . . .� '�'�` � postpane the due date of the�aomhlY PaYme�ts cef e�r e d to in pa�a�r a P or madification -°
<br /> �'� '�� 11.B�sraw�Piot Rd�FosDearence BY L�der Not a Waiver.Extension of the time for paymeat =-
<br />•--. .�..:,""'.'j�' of amotti�tion of the sums secured by t6is S�1Y��°t��by I.ender to any sucoessor in i�e c e s t of Borrowe.r shaU �
<br /> ' '`.�� not uperate to release the lia5ility of the original Bo�ower or Bm�towePs sucocsso�s in Werest.L�sder sh�l auf 4r�� p = -_
<br /> lia
<br /> '::; moeedings a azry suocessor in interest or refuse to eatend 1Snae for payment or othenvise modif�a� -
<br /> . � . wmno�nse P �� b rc�son of any denoand made by ihe�origina!Borrower u�8orrower's �.
<br /> � .` �� of the sums secuted by this Security Insumneut Y
<br /> ' ' '� successors m imerest.Aay farbearance 6Y T.ea�.in exerclsing anY r�P�rt m�Y�not be a waiver of or preclude tAe
<br /> ._. . —",r r."_�T`(. '.
<br /> ;..'�,� exercise of any right or re�tieciY• The covenants aad agccements of this �
<br /> " , I..' ' � � ' 12.Suctrssops end�s Bo�d.�oint and Sevaal L9abWty. Co�slgaes.
<br /> . � . . � '; Se�uriry Wsaumem shall b i a�d a n d bene fi t the suocessors and aSsigns of I�ler and Borrower. subjesK W�p t h�s S�ry . ,��
<br /> ' .`N. F�a g�a p h 1 7. B orro w e r's e a�e a a a t s a n d a g r e ernents sha11 6e joint and sevetal. Any Borrower who oo-signs V _
<br /> Insuumesn but dues n o t ex e c u t e tfte Note:(a)is co-signinS this Secaritl+ In�u�nt onty to mortgage,S�t a�d k c o a•v e y t h a t
<br /> • ".'I t.:� �,,..�J{.�� IO {I�su� ' —.
<br /> . . '•=l��'ii
<br /> . . , . � ;� Bonower's interest in the Property under the terms of ttds SecuritY I��rmwer may eagree t'o extend modifY forbear or �
<br /> � �.'� s�red bK this SecuritY Iastivment;and(c)agrees tl�Lender and anY. . .
<br /> • � ma1�,°.anY asoommodations with cegard w the tenns af tbis Seatrity Instrume�or the Nute without that Borrower's oonseat._ --
<br /> , � . 13.Laan Cha�ges.If the toan secured by tlris Sec�rit3+lnstn�meat is subject to a taw which sets tnaximam loan charges+
<br /> . ,�,;t �. ed so that tS�e intetest or other loan charS�ooltected or to be collected in oonnrx�on witb the
<br /> . t; ar�tt�at law is finalJy inteipree -
<br /> • `�'�i loan exceed the permitte�limita,theu:(a)a�►Y sucl�loan charge shall tie sedaced by the amount aecessary w reduce the charga
<br /> . � �,'. � ' tp the permitud litnit;aad N)�N sums alreadY aollected from Bormwer which exceeded Perad{ted limits will be refunde�to —
<br /> , :,�,., su� al awed under the Note or by maldng a duert
<br /> . E�r�owet. Lender may choae=to.make this refund by reducing the P� �P anthout any .
<br /> � payme� to BomoWer:•If ��tund �educes princiPal. the redudion wi11 be tceated as a partial P�ePaY�` . -_
<br /> �''"�� � :��` r t ch�z�'�under•tfte Hote. � �
<br /> .. .4'i �
<br /> . , �:;�i1� p� 1�4.Nott�.Any notise to Borrower provlded for in this Seaui�Y Ins�ument shall be given by delivering it or by mailia� _
<br /> . ,' •:>,,�; .. � it lry firat class mail unless aPplicabte law m,quires use of another method.The notice sha11 be ditected-to the PropeitY Addtess -
<br /> " ,;'' � or,any other address Borrower designates by notice�to�er ddesi• tes by nott'ce w B rroaer. Anynndce prov ded for�this _-
<br /> - '- ' • : .,. Leader's address stated herau+�r any other address � ven as provtded in this�:►sageaph. _ _
<br /> � 'i�. Security Inst�ument sha116e deemed to have beeu g+ven to Borrower or I.ender when gi -
<br /> � ' •,:':tst`, 'Phis Securi Insuumeat shall 6e govemed by fedcf'.:� iaw a� the 1aw of the .
<br /> � �'a�' 15.Gov�ing Law; SeverabitIe�'� ty uu
<br /> , ; � ,:,�>��. �+�asion or clause of this Saa�s'tY Insua��°t or the hot� .
<br /> :�,.�-�� • �s la�.�.In the event that anY F�'
<br /> . ��� • jurisdiction in�rfiich the Property ' •..,
<br /> ' � '� _ � coMicts witb applicabie la.�.such coaflict shall not affect_otfier pmvi�icr.s of this Security lnswmem or the Nc�x which canSse .�_
<br /> �.`;fi�•�. � given effect without the cc�Iictinp,provision. To this end the provisions of this�rity Instiument and tfie MrCe are declared -^.
<br /> ' ',;;'; � to be severebte.
<br /> ��;:,14�'�.� 16.Emrro�ei's CogY•Borrower�a11 be given one conformed wpy of the Note and of ttus Securtry Instroment. .`
<br /> - Form aoze srsb _
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