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<br /> � F,' P��Y no longer b�teqwi�ed.at the optioa of l.�der.if mortgage iasuraaoe coverage Cm the amouat and for the periad &� rL a� { }_•:
<br /> '��`�`'� `�:4� thut l.e n der requ#r e s)Pra�vided b y an insuret a p pmved by Leader again becomes available and is obtained.Borrower shaU pay ,.._.. Y
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<br /> , ':° ` the Qre�ai�s�eqaired to ,,A�•�A;�mongage insur�cce in effect.or w pmvide a luss resenre.uncil the nquir�ment for acortg,age ; _ � T;'",
<br /> ; <�t `� insuranoe ends in accordance witb suy wriuen agrcemetu between Borcawer aad Leader or applicable law. � ., .� ;.
<br /> ` � ° � 9.Iasp�ttor,.Lender ar iu ageat may make ceasonable eauies��ad insPe�aons of[he PcoPertY- L�der shall g�+e S�-<
<br /> ,�:-�,,�.��.�;�:� pri ceas�onable cause for tLe' on. `.'�':
<br /> ..� Borrower not�Ce at the time of or or w an iaspe�on specifying �� ` .
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<br /> �=`.��` ��-: 10.Coad�natfon.The pio�eds of any awacd or ctaim for damages, direrc or conseq�nsial. ia coane�xion with aay r K S ,� .
<br /> .� `;;�;`�,s, candemaatioa or other taking of aay parc of the Property.or for waveyance in lieu of ovademnadoa.ace•heieby assigned and r �r�. .��v�<:.°t:
<br /> sLaU be paid Lo I.eadet. � ?",y
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<br /> -- �In the�vent of a total taidng of the Pcaperty.the proceeds shaU be apglied to the sums sec�ned by this Security In�at. �_ F
<br /> -.yt� ; whether or not thea due.wltb any excess paid to Bortuwer. ln the eveut of a partiai taking of ttte Property in which the fsnr . , ,~�. °:
<br /> � `t=.:� ' ":�.;
<br /> -:';;�����:r ��;� market value of the Pmperry immediately befo�e the taking is equal w ot�ater tban the amount of tiie sutns se�uted bY this ::-_�.`-`s`:. .
<br /> _:��, ��1y�ima�ediately before the talang,unless Bomawer aud I.ender othecwise agee in writing.the snmg seca�i isy '. .-� a-�«•'
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<br /> ,,'. `�: � this Security Insrcumeat sbalt be�ced by the amoaat of the pnnceeds mdtiplied by the following f�astion: (a)the total �.� °., <
<br /> ° .:� amo�t of the soms seciued immediately before the takiag,divided bl►@)the faic madcet vaWe of the Pmperty imm�etY �, �.1 y,
<br /> � . • ;•..�°'•.� 2 ,���Y�.
<br /> � befoe�e the taIdn$. Any+ balance shaU be paid ca Borcower. in the evan af a partial tatcing of the Pmpe�ty in which the fa'v .,'`��_ n,-,
<br /> ° �� before ttu�talang�s Iess thaa tlte amount of the snms se�ed immediatdY befmre the ` . .
<br /> y � . ' i�. �•i'` � .- S,_�_
<br /> t� maricet value of the Pcopeny immediatelY
<br /> r 4� '. .r'%� taldng,uNess Bormwer aod Leuder otheiwise agcee in writing or unless applicabte law otbawise prnvidc.s.the pmceeds shall �Y ,:.=
<br /> �' 6e appfied w the sums secured bY this SecuritY Iascmment whether or not the sw�are thea due. �
<br /> �.. ,��:� If the Prnperty is abandoaed by Bornnwer,or if.after natice by Leader w Borrower�at the condemnor offers to make aa ` L� �-
<br /> - -_ �<Y..:- award or settle a ciaim for damages.Boaawer fails w respond w I.eader within 30 days after the date the nntice is given, '���.:"� , __
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<br /> � .i� Leodet is authorci,z�e,d w cullect aad app�ly,,�t{h,,,e�proceed�s.at�i„ts,�op�ian,elther w restomtion or�epair of the Pmpext�►or w the sums 3:,� _ —
<br /> � r�� �'F S���`��`•l �DS�IQmw+H WY�iWG�Or IIOI YlGS YLLF . . 2:
<br /> L ` .. .°� UNess L�endes and Bormwer othezwise agiee in writInS. �Y aPP�cation of pmceeds to principai sbaU aot eutend or - i-�
<br /> � � .
<br /> � �� •postpone the due date of tLe monthlY Payments nferr;d to in parag�aphs 1 and 2 ot change the amount of weh paymwts. y = �°
<br /> , .�: 11.Borrow�Niot Reteased:Forbearence By'I.eads�Not a Weiva:Faueasion of tlu ume for payment or modifrcation � -•' �'•�
<br /> :i��.' ;-.. �: ;'>�:'. Lender to suoces�or in i�enst of Bormwer shall _ �__ ��-.
<br /> �-., of amort�ion of ihe suras secozed by this Secur�ry Insunmeat gcanted bY �Y � r ,�--
<br /> '• •:_•� not aperate to ietease the liab�ity of the original Borrower or Bormwer's successoss in iateresc.l.ender shall not be�equired to ;
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<br /> � -r G.� +n P�:' WaW uww pmceedings a8a�nst az►Y sa�ssor in iaterest or re f u s e ro extend time for p a y m e n�or othecwise modify amos�ti�ation �`�� _;.'
<br /> �,��.: `- ` of the snma sea�red bY this SecvrIty Iasuumeat by teasoa of�►y demand made by the uriginal Bormwer or Bmmwet's 4 ��=
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<br /> - . sacc�essors ia intecest.Any forbearauce hyr l.ender in exeic�siag aay right or remedy shall not be a waiver of or pRClude the ;�;;5-,r.:��
<br /> �•� esercLse of aay rigttt or seme�ly. -
<br /> � ` 1Z.Suoc�so�s�d Assig,as Bo�d.Joint aad Sevw�a!WabWty; Co-stS��s.The caveaaats and ageeuzeats of ihis , —
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<br /> . , ;, Serorlty lnstrument shall biad�d beuefrt the sw�cessois aad as�igns of Le�tder�d Bonower, �3�c co c�e r��ons o� _ ��
<br />_ .. , •';`; Pa�h 17. Borrower's cov�anu and agieeuieats sball be joiat and several. Any Baaower who casigns thtc Securtty :'
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<br /> '. [asuument but daes not execute ttee Note:(a)is co-signing this Securiry Insuoment oWy to murtgage.grant and oonvey that � �;_
<br /> �i , _�,�,;�;,r, Bormwer's iaterest ia the Property uader the terms of th�s Se�asrIry Insuumeat;@)is not pe�sonally obligated w pay the suu�s � r _ ,��
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<br /> ' secured by this Se�rity Iastrument;and(c)ag�s that Leader and aay othec Bormwer ma�►agree to eauend,modifj+,forbear or r :' �,�r..�;
<br /> -- �- • � make any accommadatloa4 witb regard to ths terms of this Securiry Insaument or the Note aitiwnt that Borrower's eonsent. � -- '�;��:'
<br /> .`., . 13.Loan C6mges.If the taau secured by this Sec,arity Insautnent is subject to a law which sets maximum loan charges, ., � c E,,_
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<br /> : .. and that taw is fmaUy iaterpreted so that the interest or other loan eharges oollected or co 6e coUected in conne�xioa witb the . {.,t.�`
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<br /> loaa eacced the permitted ljmits,thea:(a)anY sucL loaa charg,e shall be redaced 1sY the amount necessary to rednce the c�harge . ::.�:�-:L
<br /> ,. .. co the permitted Ilmit:and(b)anS►sums almadY coUected from Borrower wtuch exceeded pem�itted limits wIU be refuaded to y�",.:`- .`''`�;-:�cr
<br /> ��•: `;• Bormwer. l.euder may chaose to make this refund by reducing the prjnciDal owed uada the Note or by making a di� �� ,
<br /> - ''.. � .. payment to 8o:rower. Jt a zeftmd reduces principal. the redaaion a+iU be aeated as a P� D�FaY� without azry .'��'
<br /> ; ; r � � : prepaymeut c�rge ander the Note. �:
<br /> ..:� •:, .:.,�._�.•.. 14.No3tces.Any aodce w 8orrower provided for ia t6is Securiry inswment sLaU be given by deliveting it or by mailiag _ ;�:�.
<br /> - it b y fir'st class mail untesg a p pflcable taar requires use oi aaother method.The notice shaU be dicected co the Pcapeny Address ' '
<br /> .,�' •� or any othes address Borrawer designaties by nodce to lendet. Any aodce to Leader shall be giv�n by fitse cla�s m a i l to , r-
<br />- . � l.ender's addn�ss stated herein or any other addcess Lender desig�ates by aot£oe w 8orrower. Iwy nodce psovIdcd for in tpis �;,°. ;. :. ..,., .;�:
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<br />'r`,. . : Secwiry Inswment s�aU be deemed to have been given[o Bo:rower or Lender ahen g�ven a�p�ovided in this paragra�b. �.,�,.•
<br /> _ 1S.(�overning La�. Sevetability. lbis Se�uritY Instn�meat shall be govemed by federal law and the law of the . �:
<br /> ' � jurisdipioa in whic�the Prope�ty is located. In the event that aay psovision or c}�ue of thls Sec�uity Instrament or the Note
<br /> - , wuflicss with applicable law,such wnflia shall aot affect mher provisioas of this Security Insmiment or the Note w6icb can be .
<br /> '� . . � given efPoct withaut the conflicting psovision.To this end the provisions ot this Security lnstrument aad the Note are deelared :
<br />�-�1r. ::,-'- . . . :. !
<br /> ;: - � � � to be severable. : � '� . �
<br /> . ' � , ' 16.Bmrower's Copy.Borrower shall be given one conformed copy of the Note and of this Security]nsts�ment. .. _
<br /> .�,' � Fo�m a018 9190 . '�'' '.
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