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<br /> µ�.� �'4 -----�yt�ents m�y ao lon�er be'requirzd'.at t9e opi�aii of—iauuer;��;��--��`�a�an�fnr tHe��: .- _
<br /> avail�sb2e�is abtairied.$oaocuer shafl PaY {��Y'
<br /> � �r ;,. ` tt�at.i ender eettui�es)Provided by aa in�urer approv�d by Leader`again bewmas �the far mortgage �
<br /> , ;•F � or to. mvide a toss tesave; � �� 5:;;
<br /> �� , ,?�, t h e p i e m i u m s r e q�d t o m a�n i�i n m a a t S a g�e�nsuranc�in et�Cx, P � __
<br /> with writte�t agre�m�at b�iween Soimwer and Lender or applicabl�l aw: �' .:
<br /> . . �N:c.� . �L�p�i.uAV � `633=�
<br /> . � ��� a�der or i a�ges�t may makc reasonable e�rles upon a�d i�sP�t�•,� •••,r...v.LeQder shail ye : ,_-°
<br /> � ,� ,, Borc+�wes aotac at the time of or priar to an inspectioni spedfying reasanabte c�use for th�inspecuoa• � �- �� �-,
<br /> �` 10. C�de�on.T'he proceeds of any.awaLd oi claim.for d�nages,•direct or cdnseque�atial,u►wnneca9n`with a�+ i _
<br /> � .�; � ' art of the Property.br for conveyanse in lieu of coademaaiion,are kemby assi8�d ansi ' . , x�
<br /> __ cundem�tinn ur mher t�ng of?�Y P. . � ,.
<br /> _�r sI�atl he gaid to Lender. ��;
<br /> ...�• shall be applied�uu 8�e s+�ns�by this SaauiitY Instrument. ��. .
<br /> ,�. � �n thc event vf a total t�ng of the Pmperty�ihe g�o�s � of the Pm in w(tich the fair ' .. ��, �r
<br />-=��•� : whetiaer or not th�e dae.w�an�+ex c e s s p a i d w E o s r o w er.In the event of a��ia�ai�ang P�#:
<br /> -::-��:.:,.,.,�� thaa the amaaat of the sums sea�d by tbis ;�.;�,`,';
<br /> . . market value uf the Piogeriyimmediatc3Y,6efore the taldng is equal to or gceazec
<br /> S Secuxity lnsttument i�iately befcHe the takueg.unless Somower and I.ender oti�erwise agr�e ia writing,the sams secured by . __'
<br /> ° ��` nt sh2ll D�reduc�bY the anaou� of the proceeds mnitiplied by the foltowing fra�xion: (a)the toial � :___
<br /> ;•_.�, ;,.�:,,� tius Sect�nty Tnstcame be fore t h e t a k i n�;d i v i d e d b y(b 1 t h e f a i r matket valae of the Propeziy immediateIy , . _.
<br /> • ; amount af the suays ser�i�ed immedi�elY oF tlie�Property in wluch the�a� . .," ;__
<br />" ' ` � 1�efare the;tatcing. Atry balauoe shall be paid to Bprtower.1n t6e event of a paitial ta�nS , ,s=;::.:::
<br /> .. .'` �`"�'. martc�t value of the PraPectY i�nm�iately befoie the takiag is less War►the an}nunt of the sums.sec�red im�►ediately befQCe,t6E. __-
<br /> tat�n�,�untess Horrowelr aad Les�der oi�etwise eSse�in vrtiting or unl�s applicabie taw otherwise provi�les,'the pmceeds shall -._
<br />, . , 6e applied to tfi�sums secured by this SecurIty Instmment wftether or aflt the sums are then dua. � � --
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<br /> ` . If.t4e P.ta�erty is abandone�.by Borrower,ot'if.after rcatic�6y lender to Bormwe�that the condemnor offe�s�to make,an _ -
<br /> :�^ . � .•`,t;: nward ar s�tdc a claim foa dama�es. Horrower fails to r�spond to Lender arithin 30 da�er the dsrte p e noti�',is�6I� �---=_
<br /> .��h..;._. � �, � . ' '
<br /> - b,ender is authorjzed to.collecc and appty the prace�ds,at its option,either w testo�aqon or air of thc Pro erty .� �^-.
<br /> ,`<." sec�red by tt�is SecurIty Insuumcnt.whether ornot thgn dae. . ' � a! s6aU i�ot extend or� ' "
<br /> � � � Untess Lende;and Sorrower otherwise agnee in writir�,any aDP�ic�ou of proceeds to grincip �r�;._
<br /> '':,� !'. ` 'i. ,� . pust{soae the dae date of the monthly payatents cefe�rred ta ia paragraphs l,and 2 or change the amount of such payments. . . -_-
<br /> � �_,
<br /> � �' � lI.�ottowea No3 Reieased;Forhearanse BY 1.eu�+er Piot a Waiver.Batension of the dme for payment or moditication� --
<br /> L�,:�-,f' .. of amoii'r,zation oY the su.mq scC�ued by d►is Sea�rit�!InstrUment grAated by Lender to any successor in iIIterest Pf Bosrower shall . �•
<br />_ � . � not operate to retease the liability.oi the arigisral Borrower or Borroaer's suc�cesso�s in interest.LenQer sl�alt nat be�q�� .�-�.,
<br /> ��n���in�s againsc any successor in interest or refase to extend time for paymeac or otheta+ise modify amortizatioa ���
<br /> ' af the stuns secured by this S�ccariry instmment by reason of �ny demaad made by �he origina�Borrower or Borro�rer's ��Lr..
<br />_. °..� a
<br /> .`::.,;; �,. �' ' ��:� ri t or semedy shall not 6e a waiver of or g�rectade the .��".+�
<br /> , . `+,, . snccessois ii►imer�st. Any-fofoeatance by.Lender in exercising mry• gh . • . . __
<br /> • . exerctse of any r�ght or remedy. . • • ere. The coven�snts and agr�s of�tFus .�
<br /> ��� � ' iz sac�ors ana �t�ns�ou�a;aa�a s�a���.tann�ey;�
<br /> ' , �� � gecurity�instrumer►t shall bind.and benefit the successors and assi8as of Leader and Boaower, subject to the provisions.of ,�`
<br /> . �. 4. � ' � �__
<br /> parag,raph 17: �or�vr�r's wvenants and agreements shall,be,{oint aad sev�al. Any Batrower who co-sigas ti�is 5eauity , ,,_,
<br /> � Insazument but does not execate the 1Vote:(a)•is co-s�Brong th�s Se�nry�ns�''�A�only�°mortgage. granf and convey that•, s
<br /> P� �. ..'
<br /> '' Bonower's interest in the I'roperty uader the tetms of tfus Security Insuament; (b)is not pe�snnally ob3i$ated to pay the suins. _�
<br /> ..� .`, ;�. '...:, secvred by this Security Instrument;and(c)agrees that Lender�d any otfler Horrower may agree to extend.modify.forbear or �.�.v
<br /> ���y a����ons with regard to the terms of this Security Insaument or the IJote withont that Bonowe�'s consen� __
<br /> �• ..�. 13.Loan�hac�s,If the toan secur�by this Security Instrwnent is s�ject to a Iaw which sets maximum loan charges, �:-
<br />.',Y:�,�. ��-r.- ' E`..-`._
<br /> . and that law is finally i::terpr�eted so that the interest or other loan c h a rges co Lxt e d or,t o be c o i l e c t e d i n c o n n e c t i o n witt�the
<br /> - . toan exceed the pem�itred limits.then:(a)a�►y such toan charge shall be redn�ed by the amonnt neoessary to reduce thie charge . � ;.�__
<br /> - . .�. '.,.0=Y�,�'•: :',. to.th;,permitted liarit;and @)any s�ns alreudy colleded from Borrower whic�exceeded permifted limits wili be refunded to ,r� �,_,�
<br /> � • � $orrower. Lender may choose to make this refand Ay reducing the printipaA owed �zr the Ptote or by matcing a direct .
<br /> � � r.�•._:-
<br /> • ��� � payment to Borrower. If a refnnd reduces pris��al. the mduction wil! be h�eated as a partial prePayriient without any .. _
<br /> ' ,..� . ..'' re sns char e under the Note. � j.-
<br /> : ' D PaY.�'- g z
<br /> "= • • . � 14;�e'otic�ts.Any norice to Bortower provided for in this Security Instnunent shall be given by detivering it or by mailing
<br /> �`� � �. , . - it 6y first class mail unless applicable taw�reguires use of anothe�method.The notice shall be directed to the Pcoperty Address
<br /> ;F• or any othet address Borrower designates by notice ta Lender. A»y notice to Lender•shall be given by ftrst class mail w , ,
<br /> Lender's address stated herein or any other address Letider designates by�oiice to Bosrower. Any nvtice provlded for in tl�is �^'•,:'i:
<br /> - � � � Security Inswment sIuill be deemed to have been give�to Borrower or Lender when given as.provided ia this p�ragrsiph.
<br /> ' �`' "'• •� 15.Govemiag Lativ; Seyerabluty. This Security Insuument shall be governed by faleral law and� the law of the. . �:��."
<br /> .�.` . jur�sdiction in which the Property is lacated.1 n t he event t ha t any p m v i s i o n o r c l a u s e of ttvs Securi ry Insdvment or the Note •
<br /> - � ' • • conflicts with applicable law.such eonflict shall aat affect other provisions of this Seeutlry Instnunent or the Note which can be �
<br />`__'`�� , � �. " � given effect without the conflicting provision.To this end the pmvisions of•ih:s Security Instmment and the Note are de�land -�.
<br /> ��� � �• ' to be severable. '
<br />°;' . � � 16.Borrower's Copy.Boaower shall be given one wnfomied coPY of the Note smd af thia Securiry Instrument. _
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