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<br />_ paymrnta mey no lan�er be requlred, at the option of Lender, if mortg�e Insurance cover�ge (in the amount nnd for the period
<br /> �hat I.ender requires)provided by an inturor epprowod by I.ender again becomce available and is abtained. Borrower shall p�y
<br /> the premiuma rGquirod to maintaln tr.on��e insurAnce!n effect,oc to provide a loss rcserve,untll the requirement for mortgage
<br /> ipaur�noe end�in�ccordr�nce with a�y written�reement betwetn Borrower�d Lender or�ppiic�ble law,
<br /> f, Irupectlon. Lender or in a�ent may make re�aon�ble entdes upon and Inspections of the Propeny. Lender ahall glve
<br /> Borrower notice tt Ihe time af or prior ta m ins�ectlon ipacifyin�reaaonable cauu for the Irtapection,
<br /> 10. Condanwtlon. The proceod�of a.�y �ward or claim for d�m�ges, direct or consequcntisl, !n connection with any
<br /> con:Icmn.tion or other takin�of u�y paet of il�e Property,or for conveya��ce in li�u of condemnation, are hereby asslgned arul
<br /> ahal l be pdd to L,ender.
<br /> In the event of�tot�l t�lcing of the Property,the proceods shaU be applied to the�um�sxurod by this Securiry lnatrumcnt,
<br /> whether or not then due, with�ny exceu paid to Sorrower. In the evenl of� puti�l taking of the Property in which the f�ir
<br /> muka v�1ue of the Propeny immediately before the taking is equal to or greater thAn the amount of the sums secural by this
<br /> Sccuriry Luttrument immediately before the taking,unless Bornower and Lender otherwise agree In writing, the sums secural by
<br /> this Saurity Instrument shall be reduced by the amount of the proceeds multiplied by the following frxtion: (a) the tutal
<br /> �mount of the aums secured Immediately before the t�king, divided by (b) the fur market value of the Property immodiuely
<br /> before the taking. My balanoe shall be paid to Borrower. In the event of a partial taking of the Propert,y in which the fair
<br /> merkd value of the Property immediately before the t�king is leas than the amount of the sums secured immedi�tely beforo the
<br /> talcing,unleu Borrower and I.ender othenvise agra in writing or unlesa applicable !nw othcrwise provides, the pro�ceda shall
<br /> be�pplied to the iums secured by this Sa�irity Inatrument whether or not the aurru ue then due.
<br /> If the Property is�bandoned by Bo�rower, or if, after notice by Lendet to Borrower that the condemnor offers to melce�n
<br /> award or aetde�claim for dart�ges, Bocrower ;Fails to rap�nd to Lender withln 30 days after the date the notice ia given,
<br /> Lenda u awhorized to collect wd apply the proceeds.�t iu option,oither to restoration or repair af the Property or to the:ums
<br /> �ecurod by this Security Inslrument,whether or not thcn due.
<br /> tluleu C.ender �ad Borrower otherwiae agra in wdting, �nY application of proc.eoda to princip�l rhall not extend or
<br /> pc�tpone the duie da!e of the moathly paymenta referrad to in panigrapha 1 �nd 2 or chwge the amoant of auch paymena.
<br /> 1L Hocrower Not Rdaue�; FurbarwNCe By L,ender Nat a Wdver.Exteasion of the time for p�yment or modificuion
<br />_ of amortizatioa of tlk wmi secured by thi�Se�uriry Instn►ment 6r�nwd by Lender to wy wcc�aaor in intercst of Borrower shall
<br /> not oQaate W nlwe the Ii�biUty of the origuW Borrower or Borrower'a auccesaon Ip interat.I.ender sfWl nat lx nquired to
<br /> oommace proca:dingt a�ain�t�ay suaes�or in iaterat or refuse to exta�d time for piyment or otherwia modify�unortiz�tioa
<br /> af the wmt �ecured by thia Sewrity Inarumen[ by rea�on of any dem�nd m�dc by thc original Bortowa or Borrower's
<br /> tu�rs in intereat. My forbeuaaa by I.ender in exerciiing my r.ght or reaxdy thall not be a waiver of or proclude the �
<br /> cxasiK oi�oy ri�i or cemedy.
<br /> l�. Soocewors md A�d�ar H�nd; Jdnt aud Seve�ral LiabiUtY; Ca�nerti. 'The oovenanq and �cecmGnu of tLi:
<br />; Secuiiry ln�t sbell bind md beoefit the sucxeswrs u�d.aesi�u of Lender�nd Borrower, subject to the proviaiona of
<br /> : par�gn�h 17. Borrowu's oovaunts md�gnxments ahall be joiat aad �everal, Any Borrower who oo-si�u thia Securtty
<br /> Inttru�oa�t but doa not axecute tb� Note: (a)is oo-ai�ain�thii Securiry Inatrument only w rpurtgage, gr�nt end oonvry th�t .
<br /> 6orrower':interat in the Prapeny under the terma of thia Socudry Imtruma►r, (b)is not petsoe�lly oblipted to pay ths wrm '
<br /> �xurod by this 5ecuriry Iwtrumrnr, aod(c)�Yra+th�t LeMer�u►d�ny other Borrower m�y a�ra W extead,modify. focbar or
<br /> m�ke ny sccommodatioas wiW re�uc!w tde terms of thia Secutity instcument or tha Note wishout ti�at Sorrower's oowpu.
<br /> 13.I.o�CM�a. If tbe laa�ecured by this 5ecuriry Inswmwt i;xubjat W�law wbich uu m�cimum Iwn diu�,
<br /> �od th�t law i� Hn�lly lnterpraod so th�t the intercet or other laa charga oollated or to be collected 'w oonnocx9on with tbe
<br /> lom exoeed[he pamitted limiu.tb�ai: (�)u►y auch lo�n chuge shall be reduced by tbe amount nocawy to roduce the chu�e
<br /> ro tbe pamitoed limit;ind(b)�ny sunw�Iready oolleded tmm-�orrower Mhich excade+d:permltted liatits wUl be rcfuoded to
<br /> BorraMer. L�eoder mty choose to make this refund by roducin� the principtl owod undu tbe Note or by m�kia� a dirxt
<br /> pryment to Borrower. If a retund roduaa ptaaci�pal, tLe xeductioa will.be trcatad a� a p�utitl preEayu�t without �uy
<br /> ProP+�Y��char�e under the Note. •:•:: •;.
<br /> l/:Nofloe�.A�y notia to Borrower providc�for in thia Savrity Inatn�ment ahall be�iven by deliverin�it a by qWliq�
<br /> it by fi�at cla�s m�il wilaa�pplicablc l�nv requ�ra uae of anotl�er method. 7'he notice�hall be dirocted to t6e Property Addteu
<br /> or a�ny•oiLer sddreaa Borrower design�ta by notice tu I.Cnder. Any notia to l.ender alull be givm by flnt da� mW to
<br /> Leadir'�addrau atated huein or�ny otLa addra�L.a�der desigwka by notice w Horm�ver. My uotia provided for ia�hL
<br /> � Sec�riry Imt�umeot�!Ue deemed to luve boeu given to Barrower or I.ender wlkn given m provided in thi�paragraph,
<br /> � � IS.Gwad� Lw; 3e�er�bUltr. This �c�uriry Inurumeat shdl bc governed by foder�l law and We taw of the
<br /> jurisdiction �n whicb the Property i� locued. ln tde evrnt that my provisioa or clwae of this Securiry Instrumeat or the Note
<br /> oonflicti with applicablr law,such oonflict�hall not xffxt other provision�of t6i�Seaurity.tnstrumet�t or the Note which cam be
<br /> �ivef4 ePfect without tAe oonfliaina provition. To thi�end the provisions of this Securiry Luuument u�d tNe Note ue declarod
<br /> ta be eeverabk.
<br /> , ' 1�.Barowv's Copy.Bonower sh�ll be given one coaforn�od aopy oi the Note and of thit Security Insuument.
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