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<br />- ''t. .tr` �t ' � �YCT3 in thc nmaunt�s�nd for.the Qcdod . �h��F`.
<br /> � ` .. . .;: � payments may rt�ianger 6e�equired.at the optioa af Lcader.if mort�e ia��uranc�e b'�( �,•:...
<br /> �` ` that�.i�tnder rcqul�s)pmvtded by ms iasarer approvc;d by L,ender�gain becomes av�iIa6le and is obtairted.Bormwer sl�all pay . < t.
<br /> �;: ��� _ ' � .1;
<br /> * [.' �e p�em t u m s r e q u�r e d t o m a i n t�i n p iort�e insumncc In effect.or to provide a tnss reserve.unlil thc requltcment far atort�age ,
<br /> — Iti3tlT�itCC�`f1�S�O t4CC0I�IICC�VI�1 itti�ili�n'CcFf 3�ii��E��WP.�&It��+Ca�l Or 8�1C7i��8�W . !�;
<br /> �� �.` -�` �n ',,�� � 9.Insp�tion.Leader or its a�eat may make reasoaable cntries upon end inspecttanS c►�thc Propeny.Lender shali give ,- ,.::;..
<br /> ���° " Boreower nottce at the time of as prior to an ittspecsion spa:i[yia►g reasonabte cause for the inspaction. °
<br /> , '---�^~'��
<br /> f�,. s_=r 10.Candemnation.'f7ie proceeds of any award or ctaim for damages.dirert or consequential. in conaection a+ith any � �=<,
<br /> ' ' . c o n d e a m a t ion or ather takin g of any par[of the Praperty.or for oonveyanae in tieu of�mnation,are hereby assigned and � �.;;
<br /> ;Y ry shal!be paid to Lender. ��`_
<br /> <` �� � • In the eve�it of a tofal raking�of tde Pmperty,the proceeds shall be applied to the sums secured by this Seca�rity Instrument, � �
<br /> kY_`
<br /> � - whe,ther or not then due,with any exs�,s Paid to Borrower. In We event of a partial talring of the Froperty in wluc6 the fais' • �._,__,
<br /> � � - market valne af the Property immediately before the taking is e�a1 to or greater than the amouat of the suuis sec�ed by this �.._,�_
<br /> •,; �.� ::-• �=:--�_
<br /> • , G, � Se4vrity Insuument immediateiy befo�the taicing,unless Borro�ver and i.ender oti�ecwise agtee in wr�itiag,the sums sewred iay — _ _
<br /> ° this Secnrity Insuament shall be rectused 6y the amount of the proceeds muItiplie�bY�tde foltowiag fra�e�on: (a)the total M-�-
<br /> • . • amount of the sums secured iramediately before the takiug,div4ded by(6}the fair market vatae of the Pruperty immedia�lY , =_^,
<br /> .. ' �:r ` 6efare the ta�ng. Any balance shail be paid to Bor�ower.In the event of a partial taking of the Propeiiy in wtuch the fair ►�-,:;:_-,
<br /> ���'�'� maricet value of the Property immediately 6eforc the taking is tess than ti�e anaount of she sums securPd immediately before the �;=_ ;�.
<br /> : .. taidng,anle�s Borrower aad Lender othernise agree ia writing or u�ess applIcable!aw otherwise pravides,the praceeds shaU
<br /> ��.;��.w
<br />. '�.•.� be applied to the svrns secvred by this Secarity lnstnuneat whether or aot the sums are then due. �",,,�;,,"-
<br /> `�` < � If the Prapetty is abaadoned by Borrower,oT if.afier notice by Lender to Borrower that the condeamor offers to make an �_:-i-
<br /> . `;`',.,:,°��.`���� award or seute a ctaim for damages,Borrower fails to respond to Lender withiu 30 days after the date the notice is given. - �t-
<br /> `���,• -`�- J,eader is authorir�to caltect and apply t�e proceeds�at its optian,eithec to restora�ion or r�pair of the Pmperty or to the sums . �:.�.�,"�
<br /> wtiether os nart then due. ��
<br /> .� ' • . � secured by this Sec.arity Iasttvment, liratian of roceeds w principal shall nnt extend or � , �i�'�ux
<br /> ` Unless I.ender and Borrovrer otheiwise agree in writ�ng, anY aFP P . , �.~Y`•'°
<br /> �� '` � postpane the dae date of We monti�IIY Payments mfer�ed to in paragraphs I aad 2 or change the amouat of such pagsr�ass �.�,-,-
<br /> . _ _:.. 11.Bormwer l�toi Reteas�l;Forbearaat�ce By I.eader Not a Waive*.Extenslon of the 6me for payment cs�edifi�aiion , � r•,�T
<br /> Ynswment grar►zed by Lender w aay saccessar in intecest of Bo�iower shal� . ���=��-
<br /> � ' � . of nnwru7a�ioa of tiie sums secv�ed by this Secarity � �.,�
<br /> - ant apetate to release the lia6illty of the original Borrower or Borrower's saccessoss in interest.Lender shall not be requtred . : `.:;�.�..
<br /> :%',',.�;i;<�( `:�� c��epce prac�edin&s agains�anY successor ia uuerest or rcfuse to eatead time for payment or.otherwise modify amort3�tion `�'` :���;,
<br /> ''`"r �. �f.r�:swns secared by this Security.Insuumeat by reason of airy demand made by the original Borrawer or Bormwer's __
<br /> •. �; rea
<br />_:'�.� ,.•'``� ':•��. successors in i�� Any forbearance by Leader in exerciseng any ri;ht�or remedy shall not be a waiver of or grecIade the =___
<br />- � .�: .'• ,...•� exercise of any right or remedy. ' •��.
<br /> � � .. 1�. Su�essors and�lssi9os Boand. Joint and Sev�a1 I.iabilit�Co-sfgners.The covenaats and agreements of this .� .
<br /> �':",. ,'.. �����,
<br /> � Secuiiry Insm�ment shall bind and benefit the successors and assi�as of Lestder and Bocrower.subsect w the pmvisionv of �' ��_
<br /> �. . ..-;�' P��Ph 1?. Eorrow�r's oovenants and agreeraents st�all be joint and several. Any Bonower�vho ca-signs thls Sec�rity' . � -w
<br />- ` � ' Instn�mem but does not ezecute the Note: (a)is co-signin$this Se�vrity u►smiment only to mortgage.grant and conveyr that _ _
<br />-. .. .. � ���° Bonowei's interest in tha Property under the terms of this Security Insmiment:(b)is not personally obligated to pay the sums �
<br /> � ` ' secured by this Sec�uity Instrument;and(c)agnees that Lender and any other Borrower may agree to extend.madify.forbear or. �_��__
<br /> +�f�.,� ' . ;; malce any accommodations with regard to the tem�s of this Securiry Instrument or the Note without that Bortower's cansent. , �"='�
<br /> = y3.I:o�n Cl�acges.If the loan secured by this 5erurity Insuument is subject to a law which sets maximum toan chatges. __
<br /> an �- ...
<br /> - � � � and that law is Rnally interpreted so that ihe iatet+ast or other loan charges¢olle�ted or to be oolIected in connect�on with the . __ _
<br /> .' toan exceed the pemutted limits.then: (a)any sach loan charge shall be reduced by the amoum necessary to reduce the.charge �,._
<br /> . � ,...:� . �. ..
<br /> ' w the permitted limit;and(b)any sums already cofiected ftam Eorrower whlch exceeaed pemuited limits wi!!ba refunded to ° �_
<br /> � . -- , . Borrower. Lxnder may cfioose to make this refund by reducing the principal owed under th°Note or by malciag a direct _ �_:�
<br />- '" payeient to Borrower. tf a refund reduces principal, the redaction will be ueated as a partial prepaytnent without any � �'
<br /> 9.�. L.. ,._
<br /> �• �'' �,..�• " P�PaYmeac dtasge under the Note. °°
<br /> '� . 14.I�IoBE'�w,.Any notice to Borrower provided for in this Security lnstrument shall bo given by delivering it or by mailing � .,
<br /> � � • , . �'�� it hy first ctass•s��-aii unless applirable iaw requires use of another methad.The notice shall be directed to the Property Address
<br /> •� �. ` • - . ar ar.y other�dress Borrower designates by notice to Lender. My nodce to Lender shall be given by first class mail to 'r
<br /> ' , � Leader's address stated herein or any other address Lender dcsignates by notice to Horruwer. Any notioe prmrtded for in this . �
<br /> ��...•' •-. . • Security Instniment shall he deemed to have been given to Borrower or I.ender when given as prnvided in Uus paragraph: -•••
<br />� ` . . ' :` �`� . 15.Govc�eeming Law; Severabil�tY. This Security Instrument shall be goveme➢d by federal law end the law of the .
<br />- .. � � jurisdiction in which the Property is located.In the event that any prndesion or clause of this Sec6rity Instrument ar the Note
<br /> ' . ' .• oQatticts with applicable law.such conflict shall tzot affect other provisions of�his Security Inswment or the Note�vhich pn be
<br /> •� , �. given effect without the conflicting provision.To this end the provisions of this Secvriry Instrument and ihe Note are dectared ,
<br /> •� to be severable.
<br /> - . ' ' ' , 16.Bon+o�ver's Copy.Borrower shall be given one conformed copy of the Note and of this Security Instrutnent. .•:,
<br />- . � • ' �,,, Fam�3028 9180 � :
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