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<br /> � � � ma no lon er he required,at the option of Lender.it mnrtgage imuisnce wverage(in th� aum or e nod _-
<br /> paYm� Y g y p Y 6ecomes available and is obtained. Borrower shail pag ^
<br /> - that Le�cder requi�es)Pmvlded b at�insurer g pro ed by I.ender ap,ain �
<br /> . .the premiums iequired to maintain mortgage insuranoe in effeck or to provide a loss�eserve.unti!the requiremeet fQr mortgage ::
<br /> � .`E `.,,•°`'..'°..: insura�tse ends in sccordaace with any aritten,agreen�ent betweeai Bormwer and Lender or applicable Iaw. ' �;.
<br /> . g.Lns�9n.L�der or its agcnt may matce reasonable entries upon and inspections of the�Frapaty.I.ender shall give r=;
<br /> . .'.� ;��`�:.., reasonabte cause for the inspectian. �-
<br /> :£"� Borrower notice at the ttme of ar prior to an inspection sgECifyinS ::
<br /> ,-=-�:�-�"�. 10 C�demnatto�.79�Qroceeds of any award or claim for damages. direct or a�nsequential. in connection with�ty+ • .�,
<br /> � condemnarion or oWer talcing of a�r part of tlie Property,or for conveyance in liea of condemnation,are�y assig$ed�d �-,�
<br /> :�;;[�:,`-_ shall be paid to Lender. �� .�
<br /> , �„: ; In the event of a Wtal taking of the Pmperty+,the procee�ls s6all 6e applied to the suros s�by t�is Sewrity �•_.
<br /> •_ whether or not then due,with aaY ex�s P�d w Sorrower. In tbe event of a partial tal�ng of the Property in whicb the fair �..
<br />'��:,���:-.;.�. ,.: <'' �vatue of the Property immediately before the takir►g is eqaal t�or greatei tban the amonnt of the sums se�ured by ttvs _
<br />� ''t � • �,�� Secxuity Inshument immediately before the takmg,nnle�s Bosower and L.ender otherwise agree in writing,the sums�by --
<br /> . ,;;..�' ihis Secorit3+ tnsaument shaU be reduced bY the amonnt af the pmcesds amipptled by the follawing fraction: (�ediate�y � ---
<br /> - '� ,, amovnt of the sums seau�d i�ietY 6efore the taldng,divided by N)the fair madcet value of the�perty � �:..;
<br /> < } , iu�::�r?s the fair _ __
<br /> �,. , �; befflr�the takinS•Any.batanse s�be paid to Bflrrower. In the event of a partial�of the PmF��� .
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<br /> �,. market value of the 123opes�r�s�Iy bef�t�e taking is 2ess t�an the amonni of it2 s^..�s secured i�rate��6�:."fare the ��*
<br /> �,. 5�1 y�1� • . . �jlg,�ntess�savu��3��a n2het��e�m u�i¢�or unLess a�'�e iaw otherwise provid:s.the P��.s� . . _ T:.
<br /> �� r r: 1, M �y��r,�� j�t�Sy.��j y�g+j y'��,��T OI IIOL thS SuIDS 8TC�D dIIC.
<br /> -;[:i;�i!'Y{�:�Y�' � Yii�S�s+c't.*� �•J ' .
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<br /> . ,�, :} ���roperty is abandoned b/Honower,or if,after a�ti�bp Lender to Bomower�hat the oondemnor o ff e r s to m a l t e an , � �-
<br /> •? • � ' awazd cys settte a cfaim for damag�; Horrower faits to respand W Lender withia 30 days after the date the notice is givven,
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<br /> _...:.,,,.,._. .*:,. the � ceeds.ai its o tiQn,erther to restoration ar r+�air of thePcopetry or to the sn�cis � �.�,.
<br /> :=.� • Lacder is anthorized to colled and app1Y Pm P _.
<br /> ` " secared by tLis S�rig+Instrume�,arhether Qr aot then dae. --
<br /> ' ,r Unless Lender and Borrower otherwise agree in:wriang, any apPfication of ptnceeds to principa! st�all aot extend or'
<br /> � ��u�' �,.I."�` � postpone We due date of the monthly paymenis referred to in paragraphs t aad 2 or change the asaount af suc8 paymente. _�
<br /> '�•-'°--��° 1�.Bornuwer Not Reteasetl;Forbearanse By 1.ender Not a Watves.Extension of the time for paymeat or modifccadon �
<br /> - �� � ��v�` of amnrtization.of che sums serured by tb'ss Security Insuument;grante�by Lender�o a+ry saocessar in interest of Ba=mwer sba11 _._
<br />_ �� nat operate ta release the tiability of the original Borrow�er or Bormw�rr's sacce�sors in inierest.4ender shall not be mquired to __
<br /> . . ..� ;,;,(. � pommence proceedings against any suacessor ta irterest or Kfuse to eAten�time for payment or otherwZse anndify amurtirdtlou _
<br /> . of the sutrts secured 6y tfiis Security Instrumeiitt by reasoA of any demand made by tiie ori�nal Borrower or Bmc�wer's
<br /> :� `',. �'�.' � successors in interest. Any fo�bearauce by Lerider In exercising any right os remedy shall eot be a waiver of or preclude ttie
<br /> .��.�:•: , eaercise of any dght o:remedy.
<br /> . 12.,SuCCersnts sud Asslgns Boua�;Joint and Several Ltability,Co�sigaers. The covenanu a�d agreements of this m.:
<br /> . Sec�crity Iasuvment sdai! bind aad benefit the s�ceeessois and assi8ns bf LeadeF and Bormwer. subject w the provisions of —
<br /> � �' . patagraph 17. Borrower's covenants and ageeme�s sha11 be joint and several. Aay Bocrower who co-signs this Securiry . -_--
<br /> • .'�� Instnunent bnt does noi exeaae tl�e Note: (a)is co-Kianing this Secauity Insuument only w mortgage,grant and wm+eY t�
<br /> '.,. co-
<br />" -" � • Bprmwer's interest in the I'roperty under the terms of this Sesurity Instrument;(b)is not pe�saaalIy obligated to pay the sums —
<br /> . . secured by this Security Instn�ment:and(c)agrecs ti�at I.ender and any other Borrower may ag�ce to extend.madify,forbear or - -_
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<br /> ,— , .: make aay accommadations with regard w the terms of this Security Insu�rment or the Nate wiWout that 8oirower's consent.
<br /> ::;:����. . ' 13.I.uan Charges.If the loan se�ured by this Sesiuity Instrument is sabject to a law wiuch sets maximum loan charges. --
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<br /> :,.::��,?,;:,;:". '` and t�daw is finally intespnted so that the intemst or otites Eoan charges coltected or to be colt�in oonnect�az�with the.
<br /> � ��'.°`°''` . loan exceed the pennitted limits,e�n: (a)aay such toan cha�e shall be reduced by the amount necessary to reduos�charge '
<br /> . � . . ,` to the permitted limit:and (b)anY sums al�+eady oolle�ed from Borrower which exceeded permitted limits w1U be refunded to __
<br /> � '. ''�'` Borrower. Lender may choose to matce thfis retiu►d by reductag the priacipal owed vader the Noie or by making a direct
<br /> . ' ..;�;, pay�nt to Borrower. If �a refund reduces principal. the reduaron wiU be ueated zs a partial prepayment without any
<br /> . �'"'' Pre.payment charge under the N�e, ' _
<br /> � 14.Pla�tices.Any notice to Borrower pravIded for in tII�:s Security Insbvment shal�t�e given by delive�3ng it or 6y maitiag __
<br /> � � � it by fust class mail unless applicable law requires use of anottier method.The natice�l be d�Tected to the Propeny Address
<br /> �� .���' :°� , or any other address Bomower designates by nodcc to l.ender. Aay notice to l.en�shall 6e given by first class mail ta. _,.
<br /> :�����: � � Lendex's addmss stated herein ar any other addresg Lender designates by notice to Bcamavver. Any aotice provided for in this --.
<br /> . � Seeurity Instniment shall be d�to have been given to Borrower or l.ender when gicc-a ag providod in thia paragtaph. `
<br /> - 1S.Goveraing �aw; Severab!lity. 'I'fiis Security Instrument shall be govemed by federal law and the !aw of the g�_-
<br /> � �_ jurisdiction in which the Property is located.In the e�+ent that any provision or clause of this Securiry Instrument or the Note • ' ���
<br /> � � conflicts with applicable iaw,such conflict shall not affect other provisions of this Security Instrument or the Note which can he � �-
<br /> '�,; �. _ . . given effect withaut the confllcting pr�uvision.To this end the provislons of this Security Instrument and the Note are 8�lared ---
<br /> ".���. to be severable. � �.
<br /> � -•` •��� �� 16.Bosrotver's Copy.Burrower shall be given one conformed copy of the Note and of this Security lnstrument. �._
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