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<br /> _ �_ paymems tnay ao tonger be requ�ned.at t!►e oPtioa of l.eader.if�nortgage ins�uance e�a8 � ,�:
<br /> - � -. - ttiat Lender iequiresi P�v�bY an insurer appmved by Lender again 6ecomes availabte and is obtained.Barrower shail pay :,..�..
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<br /> � • , the premiums cequired to maimain mortgage insuiance in effed.or to provide a loss reserve.nntii the requirement far mortgage ,�.. ..
<br /> ' - � � u�.cuianae ends ia a a a o r d a nce witH any written ag�eement between Aomawer and Lender or applicable law. �.�.t�.
<br /> 5" ���;r�` g,Ia�ectlan.lxnder or its agent maY m�ke reasaaab[e entries upon and inspections of the Property. Lender shall give �.,
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<br /> ` � Borrower notice at the titne of or prior to an inspedion spa:ifying reasoaable c�nse for the inspenion. ..
<br /> .�` 14� (`amdemnatfOti.'Fhe praoeeds of any awazd or c[sim for damages,direcx ar oonsegaential. iu coanecdon with any
<br /> '�` condemnatioa or other tairing of any part of the Property.or for oonveyance in Iiw of oondemnation.are herebY asssg�� �;'-
<br /> ' . , :;: •' st�all 6e gaid to Leader. `_'•�.
<br /> In thc event af a total taking of the PcapertY•the pmoeeds sha11 be a�Iied to the sums s�by this Security Uistnunent, .�_
<br /> . �,, ,::`. w h e t h e r or no t t h e a d u e.w i t h a n y eacaess p a id to Bormwes.In the event of a partial tA�of the Pcoperty in wtuch the fair ;,�,:
<br /> ' " market vaiue of the Pcopecty immediatety before the iatvng is equa!to or gc�tec than the amount of the sums s�cnred by t 6 i s � .y,�-
<br />. ' ���,°' S�rity Insaume�immediatety before the takinS,untesc Bosrower and l�ender othetwise a$cae in writing,the swns secured by �Y r��
<br /> .;.'�,�` ,;�v' this Security Instrament shall be redr�oed by the asaanat of d�e proceeds mnttiplied by the foliowing fiaction: (a)ihe mtai __--
<br /> = , amount of tt�e�secured i m m e d i a t e ZY 6efore the taking,divided by(61 the fair ararket value of the Pmperty immediately _
<br /> before the taking. Aay balance shaaU be paid w Borrower. In the evecH of a partial taking of t6e Property in afiich the fair -
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<br /> � � . mark�vattte of t6e PtupercY ima►ediate�9 6efo:e the taldng is less thaa the amown of the sums secured immediately before the
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<br /> . ::-�•�f.. ta�ng.i�nless Borrowec and Lender otherwise ag�ee in writing or unless appiic�ble law ottteiwise p�ovides.the procceds s6a11 ; __
<br /> g�ee �,�,T
<br /> o=., bx applied to the sams secured by this Secutity Iamument whether or not the sums are then due. ...
<br /> .'� ?.• � .,� If the Pcoperty ia abandoned by Borrower.or if.aRer notice by Lende�to Borrower that the coademnor offeis to make an , a:,�-_
<br /> . ' ' - � awaid or settle a ctaim for damages, Borrower fails to respond w Lsader arithin 30 da}rs aftes th$date the natnr is givea. �.''�,�
<br /> _ ..�.' Lettder is a�dcorizEd to oo11eM aad�ly the proceeds,at its aption,either�mswmtion or r�pair of the Propert�•�.t�u�.�he sums r� - -
<br /> , " secuzed by this S�rity Instniment.wti�r or not then due. • �-ti=
<br /> ' • � Uale�Lender aad Borrower atheiwise agreE in writinS. any apptication of proceeds to principal shaIl noi extead ar :�y.-�
<br /> . , P�'P�the dae date of the monthIy payments referted to im patagcaphs 1 and 2 or c,hauge the araount of such paymetus: _..:
<br /> - � .4 1 1.Bormw�Not Reteas�l:Forbea�'ance By I.end�Not a Waiver.E7[LBIISI�Of thC[�lme f�]C p3ymCIIi Of IIDOd1fIC8hOD n �.L
<br /> � . .: of amnrti7ation of the sums secmed by this SecuritY Insaument gratrted by I.ender to�►y successor in interest of Bar�vwer s�iali ��-:=-`_�
<br /> �'• not operdte w release t�e tiability of the originat Bormwer ar_Borrower's sucoessots in imerest. I.ender shalt not be requiced to � i f
<br /> " ���p��n����n y yuccessor in interest or tefuse w extead time for payment or otheiwise modify a�nofizatfon
<br /> ' ., of the sutns secored by this Security Instn�cent by reasen of a�+ demand made by the original Bomower a�13orrower•s '�
<br /> * .,,, ,:
<br /> ' . successors in iaterest. My for6earauce by 1.ender in exer�sa�aay riP,ht or*.emedY shall rmt be a waiver of or�Sade the �—
<br /> " � . exercise of any right or re�y- '�e covenants and a ments of dus G, •.
<br /> ... 12.Suoocssors aad A�igav Ba�md3 doint and Several Ltabi[�g;Co-s3gncrs• ST� _ .
<br /> � . 5ecurityr Insuunteilt shaU b'tnd aad benefit the successors and assigns of Lender and Borrower,subjed w die pmvisions of ' 6.
<br />.. . . .. - Paragrnph 17. Borrower's wvenants and agr�►ea� shali be joi�aad several. My Bomower wbo oo-sigas tbis Secur►ty
<br /> ,.',; Instnrment but does not eaecute the Note: (a)is oo-signing t h i s SecuritY T n s t r u m e m o N y to mort g a ge.g t a a t a�croi►veY ti� _
<br /> ------ -_- Borrower's intere,ct in the Pcopert9 under the terms of tlus Security Instrument:(b)is aot personally obligated ta�ay the sums _
<br /> _ �- — secured by this Security Instcuu►ent:and(c)agr+ees tdat Lender and a�►Y other Burrower may agrcc:,ta exten�,�udifY,forbe�r or °
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<br /> ' ,�Il;; ':' mske any accommodattons with regard to the terms of this Security Insnvmeat or the Notc aithout ti�l�orcower's consent. --=_
<br /> � • 13�1Aan Chsirgc�.If.the loan secured by this Secvrity Insnutnent�s subject to a 1aw which se�.s maximazn loan charges.
<br /> � � arW that law is finally interpreted so that the interest or other loan charges coltected or to 6e coUected in oouarclt�Pn witb the
<br /> ' loan eaceed the permitted limits.then:(a)any such toan charge shall be reduced by the amannt necessary to csfiu�.�°the charge _ __
<br /> �'.4 `' �� �':�> to the pennitted limit:and @)a�►q sums already wllecte�from Borrower which exceeded permitted timits wili.be refunded to �
<br /> ` ,;, . �, Horrower. Lender rnay choose to malce this tefund by reducing the princiPal owed under the I�Tote'or by �ng a dire�, ., :„• --__
<br /> � �', _. ' ' . P:►Yment to Borrower. If a rel'und reduces pdncipal. the reduction wip�be t�eated as a partiai pn�pay�ent avithout an�' -___=--_
<br /> - � . -..j P�PaYn►ent charge under the Kaoe. � _
<br /> � � � 14.Notices.A�r notic�to Eorrower provided for in this Security Instnunent sha11 be givea by deliverinp+s au by mailing _ _
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<br /> " . ' , : .��'� � it by first class mnil unless appticable law requires use of anmP�er method.The notice shall be dimcted co We PnsPe�tY Address i _
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<br /> �� � ' :, �s�;" or any other address Barrower designates 6y not�ce to 1-ender. My notice to Leiider shall be given by first class maii to .,.�,
<br /> � .,�;i;.; , :.�'`:;;�- L�ader's�ddress�tated herein or any other address l.ender desigaates by norice to Sarrower. My notice provided for in this �F_
<br /> � .:`'-.� � ' ' Security tnstinment shall be deemed to t�ave been given to Borrower or Lender avheu giv�as provided in this patagrapb. �-
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<br /> 1 15.Goo¢rning Ti,a�v; S�erability. This 5ecarity Instn�ment shall be govemed by federal taw ai►d the law of the
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<br /> f;�`;�. jurisdiction in�vi�ch the Property is lacated. In the event s�at any�ision or clause of this Secvrity Insuument or the Nate 6
<br /> ' 'f,���'3t contlicts with a�piicable law,such contlict�I�211 not affect other prov�i,�:s of ttus Securiry Instrument or the Note ahich can be P ;,
<br />_� ' � '�,�.�r'�,� gi.�en effect without tha contlictin�provisia�x.To this emd the provisions of this S��rity Insuament and the Note are declared -_
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<br /> . �. , :.: co be severable. � ��W
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<br /> � 16.�ortower's Copy.Borcuwer sha116e g'rven one acnformed copy of the Note and of this Securlry Iuswment• ,
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