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,t; - ... - __ ._ . . . .. ._ __.._.. .. ...�._—_..— <br /> ' i� <br /> � "_ .., ..—.—..- ."'_'..'...,._—_—' <br /> p�ymrnts mRy no lon�er be requlred,u the opdon af Lender,if mon�a�e inwrance cover��e(in the amount u�d for the pe�lod <br /> tlat LenQcr requires)provided by an insuror approved by L+ender a�ain becumes avail�ble�nd!s abt�ined. Barrower shdl pay <br /> tbe pr�miums reyulrod ta maint�in mort�s�e insuMnce in effcet,or to provide�losa rGServe,until the nquirement for mon�a�e <br /> iruuru�ce end�in�ccordana wlth any wdtten yreement between Bomower md l,ender ar�pplicabl�law. <br /> !. Iwpecdon. Lender or iu �ent tn�y �n�lce rca�on�ble entrla upon uid inspectioro of 1he Propeny. [.ender shdl�iv <br /> Borrower notice u the dme af or prior to�n inq�ection�pocifyin�reuon�ble cawe for the in�pection. <br /> 10. Co�deMwtioa. The proceeds of any awud or claim for dam�a, dircct or consequential, !n connectlon wlth an <br /> cordemnatbn or other taking ot any put of the Property, or for convaymce in Ileu of condemnufon, ue heroby usigned <br /> �hall be pAid to Lttxier. <br /> ln the event of a total taking of ibe I'[operty,tbe procxeJa sh�ll be�ppliod to the�ums socurod by thle Securiry(nstrument, <br /> whe�her or not then due, wlth�ay eaasa pRid to Borrower. [n the event of t putial t�king of the Prope�ty in wbich the fdr <br /> muket value of the Propeny immaiixdy before the aking ia eqwl to or �teater than the amount of the sums�ecurod by this <br /> Security Tnttrumrnt lmmodiuely befo[e the alcing,unleu Borrower wd Lender ahecwlie pgra in writing, the aunu�eaued by <br /> this Sauriry Instniment �ull be reduc�ed by the utwunt of the procada multiplied by the following fnction: (e) tbe tot�l <br /> amount of ttx sums securcd immediitely before the ukiag, divided by(b)the fur merket value of the Property immodiuely <br /> before tbe takin�. My bal�rxx shall be p�id to Borrower. ln the even� of� putial t�lcing of the Propeny in which the f�lr <br /> macicet value o[�Fruperty immodi�tely before tbe ukin�it las than the �mo�mt of d�e iums secured imnxdintdy betore the <br /> t�inm�,unlas gumower a�d (,qder othernire qree in writin�or unleu applicable law otherwi�e pmvides,the procoeds th�ll <br /> bc�pplied to the wms se�urai by thi�Securiry Initrumetit whaher or aot tt�iums ue then due. <br /> If the Prope�ty is abaodooed by Borrower,or if,after noti�e by L,esider co Borrower Wat the condemaor offerc to meke an <br /> �w�ard or uttle a cl�im for dam�a, Borrower fails to rapond co Leoder wiWia 30 daYs After the due the naia L�iven, <br /> Lender ia wtharized to collect�d apply t6e ptnceed:,u iu option,either to restocation or repair of�he Prop�rty or W the wrnr <br /> �ec�red by thli Security Imwmeat.wbether or n4t tbea due. <br /> UNess I,euder md Borrrnver otheiwia agroe in writiag� �nY apPlic�tion of proceeda to princip�! :hali not extad or <br /> postpooe t6e due date of the monthlY paYmenu roferred w in Wrair�ph�1 ard 2 or c!w►�e tl�e�mount of wcb paymeau, <br /> 11. Soeroaer Not Rdea�ed: Faebaraace Dr I.d►der Nat a Wdrer.Exta�tion of the time for paymeot or moditication <br /> of amortiLtion ot tho wau�ea�n�d by thu Socuricy Inswmeat��+uxed b5' I.a�der to�ny:uccawr in intereu of Barower s1�11 <br /> not operate to rde�ue the liability uf tLe od�inal Borrower or Bomower'�suaxsu►n ia intant�t. Larder�6a11 oot be required w <br /> compoeace Proceedin�t aa�inst my wcoeuor ia intereat or re[we w extead time for paymeat or ot6tcwLe modity�moAlr�tion <br /> of the sums �eared by tLis Saurity I�utcument by raron of my dem�nd m�de by the od6inal Baso�u or Borrower'� <br /> wooeaqn ie�uur�. My lo�tKaraox by Leoder in exenci�ing�ay ri�hht ot remedy�hall not be� w�iva of or preclude t6e <br /> p[erci�of aey ri�ht or nanedy, <br />. y . • � •�_Ll��!�, I�� J��� r�, --J •� <br /> 1Z• �'�s�O��� 1��p1 �� �N AC�R� lAMNY�71 �"��a� aLY�J�u�i�i�i i4LL i�s�wvSwr�iw Ti � - <br /> Security Imt�t �hail bind aad beaiefit the suooawcs +md +wi�ns of Imder �nd Horro�er, wbjat ta tbe provuioo� ot <br /> p�n�r�p� 17. Dorro�er's cavwanu aad ap�eemeats �ball be joint �nd aeveral. My Horrow�a w6o co-apu Ihis Seairity <br /> in�teumeat but doa not e�cecute the Note: (a) u oo-sianint tbu Sacurity I�utrument oaly to moct�aae,Lnru aod oonvry t6�c <br /> Bo�m�!cr'o iotetat in tbe P�opaty under tbe terau of thii Socudty Inwua��ii; (b)i�not Pe*ao�IlY oblig�ted w pq t6e aa� <br /> •ecu�od�by�tl�Socudty Ieurumwt;�od(c)�i�oe+that Lend�er and�ny othic Borrowu aMy�nee w extad.modify. fabear or <br /> m�ke�iy ao,00mmaduiau wit6 re�ud to tbe terms of ttus Securiry lnswmeat:or the Note without that Botmwer'�000nat. <br /> 13. I.oY Char�es.11 the loaa�ecured by thi:Security Inununeat is aubjact eo a law w6ich�ets nutximum lan c6tt�a, <br /> �od that law is 5oally iotapreted �o tbat the intei+eu or otber Iwa cL�r�d oollaxed or to be cdlected.isi 0000eabn �vith the <br /> {o�a exoeed the pamiaed limiu�tbm: (a)my w�Iwn chuje�iull be redi�oed by tbe ama�ot neoa�uy w rednoe tbe d�ar�e <br /> W tbe permit�ed limit;�md(b)+nY wms�lraidy ooUected from Bace+nwer which exceeded permittad liadts will be e�etl�ded b <br /> Bato�rer. I.ead� nny' cboo�e w m�te this refund by reducin�.tbe pcincip�l o�ved uoder tbe Note a by m�kiot �dfrxt <br /> paympu to Bortowrs. If a tefund reduas principal. the roductlon w�ll be tnu,ed as a pa�tid prepayme�at �vitboat �ny <br /> ProP�Y��6�u�;the Note. , <br /> li.Notkei.Ari�I:s�wice to So�mwer provided fo�r in thls Security Insdup�ant�all be�Ivaa by delivaiins it a by mailio� <br /> u by.ruse d�a mdl�a1d�a�pqic�ibie laN ra�uin�use or�nomer manoa. ?ne notioe�h�ti be aire�xea�o tbe P�opaty Adarea , <br /> oc �uy otlier addras&mawer d�iscuta by �otia to La�der. My uotic� to L.eadec.ahall be �ivep by Mt das�m�il w ..L <br /> i.eadei"s addron,atated haein or any ather addrea�Laider daiQa�ta bY notice to Barnower. 11dy�zirnice provided for in thi� , <br /> S�utity ia�tn�r�#'�u11 be damed w lurve beaa�ivea to 9o�ro�va or L,eAda'wl►a��ivm�n provided in.Wi�p�rapapb. <br /> IS.Gwe+Yi� I.�wi Ser�sblMt7. TWs Savriry in:aumat �htll be governed by falaal �liw �od the l�v of tbe <br /> juri�dictian in rrhich the Propnty is located. In the eveat tl�t i�Y Pmvbioa or clawe of tWs Securiry In�t or the Nate � <br /> aoatlicta wid►applicable la�v.wch coeflia dull not�fha od+er provisioos of this Security Inunuaat ur the Note which cao be <br /> , �iva etfect�t6out tt�cwnfliaing provirioa.To this ead the provision�at this Security Inaiumeat and the Note are doclared <br /> to be�evecable. . <br /> 16. Dorron�er'�Copy. Borrower shall be giva►oa conformed oopy ai the Note md of thu Secttrity Inarumeat. <br /> r•«�so� sno <br /> . ��iI1tNE!n:,b.oz rw•�a� • ,nwr.: <br />