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<br /> ` �£� no to er be at the o on of l,ender.if mortgage insurance coverage lin the amouat and for the period d�;
<br /> .- �`:-, .' �:e,s� Paynsents m3y n6 �guit'e�- Ptr
<br /> `` �':- ti�I,eader reqnires)Pmvided by an insucer approved by Lxnder again becomes available and is obtained.Borrower sha11 paY �_;
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<br /> c� `i*� the pr�iaa�reqmred w m�aia�in�ortgage is►�uranoe en effect.ar to pmvide a loss res�rtre.�mti!ehe requirement for x�ortgage
<br /> F` b�aveen Bomnwer aad L�der or applicab2e taw. �
<br /> , :,�,::��.�.�a��:�_; iasuramoe ea�in n000sdance with any writt�agnaemeat
<br /> • T � = 9.Lasp�on-L�der or its agent may make reasonabte enuics apon and inspactians af the Property. i.ender shall give E
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<br /> .._. ;�.�_ Bnrrative�r ao�cce at the time of or psior w an inspection speafying masouabte cause for the inspection.
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<br /> � ", ` 1 0.C on d�r a t t o n.T h e p i u o e e d s o f a n y a w a r d a r c i a i m f o r d a m a g e;.dired or oo n s e q u e n i n i. in connection witb any �.
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<br /> � ; '� , `�-,` oondemnation�r other taking of anY Part.of the Pmpeny.or for oom►eyance ia lieu of oondemnaticrn.are t�reby assignea and
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<br /> e ,�' ,-, SL311 be pa�d IO I.Eride[.
<br /> 4`"` t`� t : In ttne evea�t uf a total raking of tl�e t'raperty.che proceeds shalt be a�Piied w the seims sewred by this Security Instnimeat, �.
<br /> � -�.�•_ w6�her or not then due.with aay excess paid to$orro9ver.In tke ece�af a p:ut'ra1 taking of the Pioperty in which the fair �;
<br /> -`� � ,�"�..,` mark�vaiue af dte P�operty immedisuly 6efore the taldag is equal to or g�aoer than the amaunt ot the sums sec+�red tsY iMs �.
<br /> ���c`�.�t��.:?�'��_�>r" Se�viit}r inswmeat imme�lY before the taking,un�ess Borrower and Lender ot6erwise agree in writing.the snms secuied by
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<br /> .°;.�:_:r; dus Se�riry i�suument shaU 6e �d¢ae�hy the amoum of the proceeds mnttiPhed bY the fotlowing fra�ion: (a3 the.totat �
<br /> -'.`���.:,-:^��.`. a�o�mt of tLe�sec�!immeiliaiely befo�the talring,divided by(B).the Fair market vaiue of the P�operty immedia�tY �_
<br /> `�`�-:' -_�:,.=-�' 6efore the tatang-AnY balaace st�atl be paid to Sorrawer. In tde evmt o�a p�rtial takiag of the Piropeny in whic6 the fair '
<br />::<; :�`.�•f.�_��`:;•-�; befo�th� �
<br /> - `. f,"' �:� madcet vaiue of the Pc+aperiY imme�atetY before the tatdng is tess than the amount of the sums seeared immediatdS► t =
<br /> . -' - t`;r=;. taking,aatess Borrower and F.ender otherwise,age�ee in v�riting or�mte,s applicabte la�v otk�wise provides.the pzaceeds shall ,^
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<br /> "�: �4;`_�;.A� 6e applied W dte sums secaied by tliis Set�uiry�asa�t wh�fier or not the sums are t6en drse. �.
<br /> _- - �.,�_rR: I�the Pmpe►ty is abandoaed bl+Bu�ower,or if.after aotice by Leoder to Borrower tI�the con+demnor offers to make an _
<br /> � ;��:� awa�d or.s�tte a claim for danoages,Botcawer fa�s to.respond to l.ender wit6in 30 days aRer the,date the mtice is giv�. _
<br /> :__: _t.;.... Leadar is anthoi�ed w coitect and appty the praceeds.at its optian.either to�n vr repa+r of the Pr+o�rerty ar ta the sums _
<br /> ,t.�r.° .''� :��� s¢�ured by this Secatity Ins�.whether oT IIOL tliell dne. • _
<br /> - - �°'-�:: prinaQal shaU not e�stead o:
<br /> _ ;:i==`� U n tcs�i.eadsr an+d Bamower otheswise ag�ee in writiug, a�►Y application of�S+oce�s to _.
<br /> �., ` :s.-'`' tbe dae date of the monthly paymeats refemed to in pazagraphs 1 and 2 or chaage the amomrt o f su c b payaients• _
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<br /> -- ,'"''';"-�.�`•`.• li.Borcower Not Retasc�i 8�e B1►I.eads�Nut a Wa�v�:Exteasion of We time for payment oratoclif�catioa =
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<br /> `�;<:.;. , . '.�.,":: yy tliis S Iasumueat Lender w at►y sucoessor ia interest of Borrower shaU n.
<br /> `- °'_s_�--r>��::_� of amortizadon of the smns secured ecurin+ gra�d bY lY �
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<br /> ::, ,.:,-�::, not opetate to ceiease dse 1ra6iGtyr of the originat Boscower or Borrowds swcocssn�a ia i��I.ender s�alii nnt be reqaaed to ,�;.
<br /> ''```-"_, .��`� � oammettce�agains�aaY suoo�s�I in iaterest or�fase w extend tlme for�ayment or otherwise madify�nartir�tion _
<br /> '''` "'''�,' '-� �of t�e smn�seau�l ls�t 1Ais Seca�rIty Insuument by reason of aay demand r� 1sy the origiaa� Borrower,ar SnrrowePs . _
<br /> . ���>�;;;;;; � saocessars ia� Aay forbe�auoe by Lender in exerc'ssing ar►Y iight or r�medy sLaU aot be a waiver oi or prectude the __
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<br /> 'x'` ��x:�•'�'��.` exefiise of a�r right ar semedy _
<br /> �'�::: "� ;;� �s' • �s. Th+e rave,aants aud agreemeuts of d�is
<br /> ,..�i°:` ',.-`�:�;��,, � - iZ. Suoce�urs aad AssiS�s Ho�d+da�nt and SeveealldabIIity+Co�ga _
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<br /> - .- c :.`,..y< ��y ipst�tteat s�ball bind and beuefiE the sa�zssars and�as of Lender and Borrower, subj►�ct to We.pmvi�ons of _
<br /> .T�'-'';�:^�.-;:?�' : . parag�aph 17. $orrowe�s cuvenaats and ag�reemeats sBall be joint and sev,e�al.Aa1+�Barmwer who co-sigas tttis Se�irity
<br /> � `�`;.`':,��' : .Insorament bac doe.s aot exewte the Note:(a)i�eo-sig�nn8 this Secarlty Insuumeat only w mart�age. gram�ud convey tbat
<br /> _;'',_;�...:,;.�;r:� • . Barmwer's inte�est in the PropertY ander the tem�s of tbis 5ecarity Iastcament;N)is not pecsoaally obligated to pay t6e swns
<br /> ': ' �� . secared.bY t6is Seatrit�►Iasutunent;m�d{c)agcees ttat Leuder and aay othes Eorr'ower may agee w eatend,modify,fo�Aear or
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<br /> ������.��:�.:::. matce any aaoowmada�ons witb regard to the tem�oY thys Sewriey Insuument er the No�e withoat�8oaowea's ooasent.
<br /> <.� �' Yf the toau sec�aed tsy t6is Seavrity Insuwm�is subjecK to•a Iaw wfiicA sets�nmtun ivaa.chazges: �.
<br /> ;,�.,.. �:�1:. . 1:�.Loaat Cba�ges. .
<br /> .,� ::' , aad thai taw is frnafIy.irrterp�so t6at tUe interest or other loan c�arges oollected or w 6e calteaed in coimedion witb the
<br /> r:-..`�:�:�..• .;: . .Iaaa eAaeed tBe p�rintued limits.then:(a1�►Y such law charge s1�aU 6e r�eduoed bY the aawuat neoessaty w reduce�cf�arge
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<br /> .��_r� .• .. �to the pemdtted l'unit;and�N)aaY snms aheady coliettod from Borrower w6ic�b exc�ded peianued limits wiil b@ refimded to,
<br /> �',�.€•.�*• ' Hotmwear. Leuifer maY ctioose to make tltis refund by re�l,ucing the priactpal owed uader the Note or by makiag.e dicect
<br /> _e-�a"'t~� � paym�t to Hotrower.,If a �efand roduces princiPai. tite reductIoa wUl be ueated as a paraal prepaYment witflant aay
<br /> : � P�PaY�,chazg�nnd�ertheNote. � . � -
<br /> _ �:t,�,� 14:Nattc�.Aay notice w Burrnvirei provided far in tb�s Secarity ta�ment st�}i be given hg delivedng it or by atailtng
<br /> ---;�;�,:+., it by flrst ctass amil nn2ess apQlicab2e jaw nqt�s use of another medtod.'iha�tIoe�shall be directed to t�e F�o�erty A�dre.ss.
<br /> or a�r otver address Bnrrower desigaates by noi£ce to L�det. Itiny�nati�e to Leader•s1�aU be given by.fi�st cfass.maif to . .
<br /> -=--_�+��'� Lender's addzess stated henein os aay other address l+ender desigaates by nutiae m Bomower.Ady notice pmvlded for in tLis . ,�
<br /> "`'ey "'�:� S�carit3+Ias�t sttaU 6e deerned to tyave beea giv�w Bon�ower ar Lender when givea asproviQed in tLis para�aDb. . .
<br /> ���� �' 15.Covet�ning Law; 8everaDDity. Thia Seauity�inso�t sEralf 6e gaverned bY Federa� !aw aaQ tt�e taw otthe
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<br /> ��i.� jmisdic#on in whicL the Pioperty is located.In ttie event�that auy►�mvision or clause of this Security L�nment or the Npte` .
<br /> -�=-'.�:�,. .,, c�fHcts with appticabie!law,sach caatlict sh�tl not affect other provisioas of this Security lASttum�eat or the Note which can be
<br /> -^=--•�`��.:...' > ven effed wiWout the oonflicang prnvisIon:TA diis end the provistons of�this Sec�alty�Instruu�t aAd the Note are dectarect ,.
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<br /> ;i x«� '. Ob8&e�►¢rdb�. ' .
<br /> _ ;�::�.� . . 16 Bot�uwe�e Copy.Bor�wer sha11 be given otte oonformed copy of the Note snd of this Seauity Instr�en� . ,
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