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<br /> �.�t 1 ' � , , , th��puvt and for ahe,periad .� `�� ,
<br /> . .° �;`''f�: :� : ' ai the optioa of Lender,if mortgage��coverage(Ia
<br /> .�.�u.. �'._` p�ym�s maY no inn�er be reqt�i�ed. ���available and is obtained.Bormwer siiall pay �ti' 4
<br /> roved b i.ender�ain P�S
<br /> � that I�eader �quites)Pm��S'aa i�ssu�r aPP y a toss.resetve.�ii the�equireme�for moat e .
<br /> - �� ' .�;� ' the preminma�►ited to maintaia mort$aSe�su�ana�in effecx,or tn pravide �
<br /> —^ . F emds iu� ''''i�'='-'"••a°"""meat 6et�van Se:mwer�d Lender or app e law. . � �. • - -
<br /> ���-_ ��aa �� make reasonabie eutrles apoa and inspealons of the�ragercY.ilcn�i�s�w .
<br /> ,,..�,.--�--'� I�n�t or iis agent may reasonabie cause far the insFeixion. �
<br /> - Basmwei ttotice at the t�me of or prlor w.an insperXion sQecifll�g jn oarsaecdoa rrIth anY
<br /> `�� tm �ect or conseqnential. � �
<br /> �:."�, 10.Cand�n.'IIis procee�s of asy award or claim for damages.
<br /> ��, wmdemaation or other takiag of anY P�of the PcopeitY•or for coavey�ce in Heu of oondemnation,are herebY��� , ,
<br /> ; ,r k. .
<br /> �. �a�a sha]l be pa�d to I�eader. this SecaritY In��� ` '• -
<br /> . . - - In the eveat bf a tatal talmug of the ProPeAY.the Pmoeeds shall be appl�ed w the sums s��►Y m whirli the fair --
<br /> �. ta of the Properiy� , `.
<br /> � �,`` whethet or not thea due,with�Y e�ss Paid to Bormwer.In the event of a partial taking � .
<br /> I., aQarlu:t vatue of die Properry imm�iatelY 6efoss the raking is eqnal w or greazer tban the amouset of the sums secfu+ed b3+ .:
<br /><- . r, - immediazelY �2ess Bouower and I�ndes othe�arise agree ia writing,the sums sec�red bY ;�
<br /> . ��;:` '�: before the tal�ag, �nder
<br /> S�uitY lnson�en� � mui' lied by the follawiug fiac�ion: (a) the wtat -�°`�'
<br /> ., � ''i�, g�g�ity Tnsunmeat si�all be�edaced by the amonnt af d�Pra ttp w u •
<br /> ' before ti#e tal�ng,divid�d by N) the fair maxket vaine af the Propercy immedia�e�Y � -,�:
<br /> . ``` amnaat af the sums sec�ed immediately
<br /> :�.: m which the fair . .. ,_
<br />�"�,,°..:.�` . . befoie tLe taking. Any balnac�siiali 6e paid w Borrower. In the event of a partial taking of the PrgpertY .
<br /> befoie the taldng is less thaa the amouni of ihe sams secaued immed�atclY 6efore the :�
<br /> - ; m�et value of the PcopertY imm��19 in�vriting or imtess applicable taw otheiwise pmvides,die PraceeQs�hall �`. �..:
<br /> '. =� takzng,untes,a 8ormwer and Ixnder othetwise agree are then dne. ", _,
<br /> �� '� t�is S�rity Instsame�whet�r or not the s�s �:�: � -
<br /> � : be applied to the s�s secnred by _ ,
<br /> -� :., �, .�� If the PropenY is abandoned by Borrawer.or i�a8er nodce by L,ender to Borrawer�ti�e date the nosicc�i�S�►�. --
<br /> •` ' awatd or s�e,.,u�{l,,e,,�ae,c�laim for damYa�8es•Bo•ryr,a�weJr_f,�a�ils w�+espond to�L�nd��ration ot rePair o£the PropertY oi to the sums ��; ::
<br /> 1�_..Ck i. - ;,L ��T$6ttYl\7i1�W��GY�6114�ly 4LT pYll�f�1W Q��f - ;. f.
<br /> � `,} ' � g�plC�(iy/[bI8$��+W�CI O?DOt thECD Q11C. "� ',
<br /> " D � �n of pt�oceeds w princiPal sha}l not extend or �,;�,
<br /> ' ' 'f Unless Iaadet aad Hoaower otheswise ag�ea in wtitiug, Y aPP �e the amount of sach payments• -�-N.
<br /> . , ':r.;�s�; refe�dto in pa�g�phs 1 aad 2 or ..�-
<br />= . - pastgone tke due darc�of the monthly� �Lgader Nat e@Vaiver.E�ension af the dme for paymeni or modittcatioa . ,� --�:.;�::�
<br /> •' • ii.Bo�row�Not ReIea§es�; a �y�sor in interest of Borrower shall .
<br /> ;`:'� �� � of amortvat£on of the sams securedt C�y dps SecutitY�s��b3►I.ender w ;'�;='
<br /> �� , .,y � .`•`� aot efate to rele�se the IiabilitY of the ar�ginaL Bo�wer or Borrower's saccesso:s in inte�st. Leader siiall nnt be require�i to ` �.;�:
<br /> ti� ' "" �y P ��g�{�st anY svccess°r in isstenest or refuse to extcnd t�me for payment or othesarlse mQdify amort�ation --_
<br /> a ., � L° reason of aay dema¢zl made isY fhe orlginat H�v�cower or Botrower's �
<br /> :s,, . of the snms secar�$L'�this SecuritY���exercisiag a�ry�S���'?��not be a wau��¢r of or�pieclnde the . . _ - _-_
<br /> , r • sacc�:s in inte�st.'Any forbearance by ;�'-
<br /> � � t �'�.. ° �ezetci4z of aay rtght or�Y- as. The cavenaats aad agree�of this {`�:_;
<br />: - � �� � u. s�o�s�a�ao�a; ao��ana seo�.��; �� .
<br /> k� � -:-_:�..�, of Lender and Boaower, subjecc�o she F:�*�ions of. ,.
<br />�,� . �. Sea�riry T�uumeat sbaU biad aasl benefit ths successors and asgigus _ .,.
<br /> • : paragraph 1T. Boriower's oovenants and agreemeats shaU be jo3n� �Instrumen o�ly w�mort8age. grant�� � �.r�
<br /> m
<br /> : ihis Secui3ry ,;,"•"`
<br /> . , .;� Insuument but does not execute the Tiate: (a)is��g Instrament;(b)is noi pe�sonally obligated w pay tlae sums
<br /> `'�" c�der the terms of cbis Secusity
<br /> Borrower's interest ia the PropertF �����y other Borrower may agree to eMend.mo�fY,forbear or -
<br />';,' secared by iWs Se�arity Insm�ment;and(c)agr�s or the Note without tiiat Boaower's consent. ,
<br /> :` � :` . . ' � make any accommodafions with regard w the t�s of this Sec�urity Insuument �._�:'��_
<br /> ° � � . .. 13.Loan Ci�arges.If the loaa secured bY�s Serurity Instnment is stbject w a law whtc�sets maximum loan cd�arges. .
<br /> �,: :�`' aad that taw is Saally interpreted so thai th�interest or other loan charges collected or to be collectefl ia conneo:ion with the . L:_ __
<br /> �....�• . � such loaa cl�arge sball be rednced by the amouut necessary w reduce Nie eharge _.�
<br /> �loan eaa�d the petmitted limits. en:(a)anY ued limiu will be refimded to . �. _ -
<br /> ���;� ;° � ,. -,� ::,`' to the pem�itted limit;a n d(b)an Y s u m s a]re z d Y collected from Borrower which eaceeded Permi �--_`:
<br /> -'� ' ' the a1 owed under the Note or by makinB a d i�t .
<br /> . • " Borrower. Y.ender may choose to make this refimd by reducing F�P withaut aay �'_•"�=•�
<br /> : �. paysneat to Borrower. If a reti�nd rectuces princlpa�, the rednc,Hon cv� be tc�ated as a partial PreP�� . -' .
<br /> ,� ., t.• ` ... PrePayment charge under the Note. ven by delivexin it or b maiting .
<br /> :i;cs:. . Address
<br /> _ �..i:,o,,• .: 14.Nottc�.A�+uottce to Bonower pravided for in thls Seasrity Iastcument shall be gi � Y _
<br /> �'_� _ it by fust class mail unless apP L s a b 2 e l a w r e q u i r e s u s e of aaothei meWod.79ie notice sl�ll be directed�tob first class m a i l to .
<br /> .. .. _�- ot aay uther address Boaawer designates by notice to I.ender. Any nattce to Lead�i sball be gi y _
<br />:.y'''. � Lender's addreSS�ta�d herein ar ai�y other address L�nder designates by not�ce to Borrower. Any r.usice provided fo;in this
<br /> : Sewriry lnstrument shall be deemed to bave been givea to Boirower or Lender when g"tven as prnviQed in thIs paragraph. _
<br /> �,,'.�• . 3�aw. SeverabWty. Thia Securlty Iasuument ahall be govemed Dy federal la�an�d nt or the No e .
<br /> .. . ' 15.Governiag
<br /> -. :� jurisdictton in wl�ich the Property is located.In the event that any provision or clause of this Security ..
<br /> � ' •4�• ��ii�s wit�agpl�ble law.such oonfllct shall not affecc other provisions of this Security instrument or the Note which can be
<br /> . � glven effect wit�ut the coaflicting provision.To this end the pmvisions of this Security Iustcument a�4 the Note arc declared
<br /> • � . ' .•�� to be severable. Instrument.
<br /> . 16.BoROwer's CoPY•Bo�rower shall be given one conformod wpY of the Note and of this Seas�itY ��$oxa s�so
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