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<br /> : :�.°�:: � ��-•=�. PaYm�s�aY no langer be r�qu'vea,at the option of Lender,if mortgage insutance coverage(iu the amouut aad for the(�iac� ::c F;
<br /> , -���;-�4 � t�at LQader recNir�?P��ided by an insurer apptoved by Lender agairr 6ecames aveilable and is obtained.Barmwer shall pay � a.. .
<br />`'� .� � �til the airement for mortgage
<br /> _ < --�:. �,`_ q h e p r e m iams r�q a'v e d w maiatain mortF,aBe insuraace in effect.or to pravide a loss ceserve. �1 ,
<br /> ' � insur�noe ends in a000rdanoe with any cvritten a�t+eemaut betwe�n�arrawer and Lender or apglicabte taw.
<br /> y� '�: make�easonabte entries upon and inspectiuns of the PropeatY. Ixnder shell give� ,:�`.'�.
<br /> �.; �.. .,, q;Iaspeciian:Lender ar its ageM may :4< :
<br /> . , ` `. . Sorrower�tice at the time af or prior to an inspe�on specifying�asonnble cause for the iasPeaion. �-
<br /> �•.<,,` direct or cons mial, in connectian with�t►}r -
<br /> , . .',, iQ.CandemnaHon.The pmc�eds of any award or claim for darnages. � . �`~:��_:_
<br /> ,�'h :`F 4� ` cottdemnatio�or other t�aldng of anjr part of the PrapertY.or far coaveyanx in lieu of coade�nation,are hereby assigned and
<br /> '- • ,•; ` shatl be'paid to Leader. ked ta the sums secure�6y this Securiry Iastrument.
<br /> � R. � � � � In tha event of a total taking of the PropertY.the proceeds st�all 6e app' o of the Property in�vfdch ttte fair "
<br /> � :�`� whe�ther or 4ot then due,with anX exoess paid w Bosmwer. In the eveat of a partial talrinb :
<br /> — � ma�.t vaiue oi riie i�+oper�i,._.__..:_..,r.:iaf�ra ttsa sakin�ia rmu,t m or Qreater�han the amount of the s�tms seaue�l bY tLis . _ f�
<br /> � � ;. .: •"�"•°•"•' ----- -- ia writin the sums secureu t►Y- -�-
<br /> k�• ' Security Instrameat immediately before�talang,amtess Borrower and Leuder otherwise aScee g� �-_.
<br /> � � ,,,
<br /> . �.,� � this Seauity Insuvment shall be t�educed by the amouni of ths proceed.s multiplied by the foltowing fiaction: (a)the wtal � Y�F_
<br /> � �� before the tatdng.divide�l6y(b)the fair market valne of the Progerty immediaiety ,.�r ,.
<br /> ;,. �' � ..� aasount of t6e su�s secared immediatety+
<br /> �,:
<br /> � � `� `• before the tatdng. Any balance shai!be paid w Bortower. In the event af a paitial tatring of the Pmpert�+ia which the fair �
<br /> `� •s ,; . � Ls less than the suwunt of tt�e s�s secured immecHateiy befate the E t :�
<br /> ; °<�. ;_".�:�.,, ��. mar�cet value of tfle Pcoperty imme8iately befoce the taking� �ndes,the praceeds shaI1 E=_�"°
<br /> • ,., . .+°�� ra�,unte�s Bmrawer and Leader otIiernrise agcce in writing or anl�s aPPlicable law otheiwise pm � �.�._:
<br /> ` � 6e agplie�d to dte s�secured by this'Sec�ritY Insnument whether ar not the sums are then due. �_�__-
<br /> .��`.�`` ,�� is abandoned by Borrawer,or if.atter aatice by Lender to Borrower that We c4��or offers�o make an .
<br /> zg��� Bomnwer fails to respond to Lender withiu 30 days atter the date the nuti�is 8iven. � [- ---,
<br /> f �� N '�.�;� . awa�-d.a�r settle a claim for damages, .
<br /> , i ttan,either to restomtion or rEpair of the Fmperty or.tothe sams �;,,=�
<br /> Lender is auttcorized ta coltect and apply the�rac�eds a�'ts aP� � _-
<br /> , � � .seivred by this Secarity Insuumsnl.wheiber or nat then dae. �y`;-
<br /> - �ation of raceeds w PrinaiPal s�l noi extend or • � ,
<br /> `" ;;;�: , .� U�l e s s•L e nit�x and Bomo�ea ottienvise agree in writing,�Y hs 1�2 or p e t he amount o f suc h p a}+�e n t s• =`._°
<br /> 4` �"'�.. �.:; � � postpoae the due date of the mflndily PaYmems refemd to in paiagr�tp �� , .�`
<br />,;.,C-.,.-,. --'-V - F�s��'_-.
<br /> ' �1.Borrowear P iot R e t e a s e a t;�o r b e a r a n ce B y L e n d e r N e t a W a i v e r.Extensian Q�the time for payment or ca�a�frcatia» , e��-
<br /> � of a�itization of the sums secarzfl by this 5ecurity Instroment gcanted 6y Lender to any s�eces.sor in ir�zerest of Bosrdwra s�h3l1' T-i s
<br /> ,' ' not operate to retease the liability of the original Bomnwer or Hoaower's successors in intetest-Lender shall nut be reqoirad ta. . �„:
<br /> . . t or r�fase to extend time for payment or otherwise madify au►orti�atioa �`�.:''
<br /> � • commence pmcee�ngs against anY s�teces�or ia�nteres �...y.
<br /> ".. ,: of the swns seeured by.this Security Instrument by.reason of aay demand made by the original Borrower or Borrower's �„_•,
<br /> . -- - succe.ssors in interest. At�y forbea�ance by Lwder In exercising aay r�gLt or remedy shall not be a waiver of or preclude the �.
<br /> , � .' '�'":�' . � exercise of mry rigt►t ot remedy. �'",
<br /> , . � " ' , iZ.Suco�mis and Asdgns Hound;doiut and Several I.faahIDty, Co-�gnecs.The coven�ts aad agreem�ents of tfus `�
<br /> . . •: �. .., • �_--,°_.
<br /> '' ' � S¢�urity Insmim..°n4$hhall bind and 6enefit t�e successo�s�d assigns of�.ender aad Bormwer, sabjed to the p�'ovisivas of- —
<br /> .. t, :,, e u . �..__.
<br /> . ���. :,, ' . • P�-"�Ph 17. Bortawer's wtie�its aztd agi'cements 'sbaU 6e joint aad"several. Any Borrowet who �t and nve th� �,--.
<br /> � .�_.
<br /> this Security tnsuument only to mortgage,gran eY tb. ----
<br /> . InS�ziment buc does not execu'�2h$Note: (a)is co-signinS ----_
<br />�: � ' . .` ., Bomawer's interest jn the PropertY under the termg of this.Security Instnunent;(b)is not pe�sonally obligated ta�ay the•snms �;,`,
<br /> - �, `• ,'s• � secured by Wis SecuritJ►�strument;and(c)agrees that l.ender and any other Borrower may agcee to extend,mvdify,forbear or �.�;_
<br /> �:.. • �:_
<br /> • make any accammodadons wi t h regard to the terms of ttris Securiry b+savment or the Note wiihout that Borrawer'S consent. - ,`
<br /> =�.. ::'�:,: � I 3.I.flan C t�es.If the loan secured by this Security Insmiment is subject to a law wttich sets mzximum laan charges. .�°'
<br /> `" '� ' � . and tbat law is finally interpmxed so that the intereat or other toan cdarges collected or to be collected in connection with the °�
<br /> ��.�'' , '''� :loan eaceed the pemvtted limits,then: (a)any such loan charge shall be reduced by t6e amount uecessarll to reduce the charSe -���-'.'--
<br /> ; , . �'.
<br />- . to the pemutted limit:and(b)a�►Y sums a�dy collected from Borrower whicH exceeded perautted lia►its will be refun a�w . --_
<br /> : �' • ' Bosower. Lender may chaose to malce this refand by redacing tha principal owed under the Note or by maluag r.,
<br /> � • payment to Boaower. If a refund reduces principat. the red�ction wi93 be ueated as a parpaf prepayment without•any
<br /> =:� • ���
<br /> � • • : '. , , " prc�xayment charge under the Note. • �--
<br /> �.� ' • . , 14.Notices.Any notice ta Borrower pmvided for in�..is Securiry Insmnnent shall be glvea by dellvering it�r by A�� _ -
<br /> ?: � � lt by first•ciass mail unless applicable!aw requires use of annther methoct. The norice shall be directed to the Pm��rty --_
<br /> ` tti
<br /> �; . ; �. .;�� : � �� or any other address�orrower designates by notice to I.ender. Any c�aslce to Lender shall be gicen by first c3ass mail t� �.�;;
<br /> �. ' . ' � � (,ender s address stated herein or any otRer address Lender designates by notice to Bonower. Aay�otice pmvided for in this
<br /> ��•.`_
<br /> ��. �� , Security lnstrument shall be deemed to have been given to Borrower or Lender when given as provided in ttus para�naph• �-__
<br /> ' • 15.Govecnfng Law; SevernbiUty. Th�s Security lnstrument shall be govemed by federal law and Qne law of the �,,;._
<br /> �'� • jurisdiction in which the Property is located. In the event that any provision or clause of this 5ecurity Instmment or the Note �
<br /> `r��� � ' ',''•� , conflicts with applicable law,sueh cnnfliet shali not affect other provi�izr,s of this Security Instrument or the Note whicb can b�
<br /> �c�
<br /> i , . . Lum�ment and the Note are declan� �' '..
<br /> : given effect without the conflicdng provision.To this end the provisio�of this Secusity
<br /> . .� to be severable. � n ��a��� of the Note and of this Securiry Instrument. • �-^
<br /> ��:' ' . 16.Borrower s Copy.Boaower shall 6e given o e PY . _ . `'--�
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