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<br /> � - ��° �.OQ�'75 "
<br /> — ' _�,�, � p����;��rc t8ager tx�uis�.at�t,P^�ri�n of I.endu. if mortgage insuraace coverage(in the amount and for ttte geriud
<br /> ahat lxffier tEquires)Prov-ided by an insurer approved by Lender agaia becomes available and is obtaiaeai. Borrower sinaii pay _
<br /> ��p���yy���tfl roainrain atottgage utsutaIIOe in effect.or to grovide a los�reserve,until the nquirement for mnrtgage `
<br /> insutanc��nd,ita accardance with aay wr�tcen agceemEat b�twx�n B°r�'°wer and Lender or applitable law.
<br /> 0 �
<br /> � 9.Iiss�cn.Lender or iu agent may make zeasonabie entries upan aad inspections of the Progeiry. Lender shal!give _
<br /> Barmwer aotice at the time of or priot to�a inspECtion specifying reaso3able cuuse for the insgection. �"-
<br /> g0. CoadermnatEan.'1°t�e proc�eds of any ar*�ard ar claim for dama�es, direct or consequenrial.in connectifln'with any
<br /> � � coa�emaation or other taking of any part of the Fragzrty,or for canveyaace in lieu of eondemnation,are hereby assigned and
<br /> ' j s�all bs paid to Y.xnder.
<br /> R In t�e event of a total talong of the Progzrry,the proceeds shail tse applied to the sums seau�by this S�urity Iustn�ent.
<br /> " �� wheth�r or nai then due,�vith any e�ccess paid w Bormwer. In the event of a�artial taking of the Frogerty in which the fair
<br /> ._.�- ..� market value of the Property immediately befote ths r�king is equttl to or greater than the amount of the sums se�ured by this ��":
<br /> Seeuriry Instmment immediately befoie the taking,unless Bflrmwer and Lender otherwise agzee in writing,the sums sesured by �.
<br /> • � t h i s S e curiry Instmmen4 shall�e redua�l by the amount of the proceeds multiglied by the following fcacdnn: (a) the total '-
<br /> , amount of the sums secure�immediately hefore the taking. divided by(b)the fair m:�t value of the Propercy immediatety e
<br /> � before the tal�ng.Aay balance sha11 be paid to Borrotiver. In the event of a partial t�J.�ef tr.e F�npercy in w+hich the fair -
<br /> � , � mazket value of the Pragerey immediately before the talting is less than the amount of th�s:=.s s�:�%mmcdiatelY befoie the --
<br /> talring,wnless Borrower and I.ender otke��agr�ia writing or imtess applicable la�,v otliz�r��r,�es.che�roceeds shall _
<br /> _.. be a�plied m the sums secured by this Security Instnrment whether or aat the sums are ct.ss due. -_..
<br /> g; Lf the Progerty is abaadoned by Borrov�er,or if,aftez aodoe by Lendez[o Borre r�r thas the cendemnor c�:-�to ma?ce an �;
<br /> Y aara�or seule a claim for damages,Boirower fails to resgond w I.ender�vithia 30 days after the dste the�....e is given. ,-
<br /> � Leader is auihanized to wllect and agply the pmceeds,at its aptiott,either to r+eswration or repair af the Property or to the su� ;.
<br /> ,� secured by this Se�ritY Insau�nt•whether or not Wen due. ;-
<br /> Unless L,ender ansi �+�+�:��er othenvise agree ia writing, aaY aPplicarion of graae�cLs to � shall aot extend ar G-
<br /> La `:'
<br /> . i� pas�ne the due date of tr��st�IY FaYme�rts referred rw ia paragraphs 1 and 2 ar�.bz the aa,.-�t aF such gayments. �
<br /> ' . .:� _ 11.Borrower Nui R e�'r�:3.' E o r h e��u c e B y L Q a d e r N o t a W a iver.Ezteas:��a��:�e��r payment or amdification _
<br /> -' ofi amortization of the sums secured by t6i�xxurtty Instrument granted by Lender to any suc:.�►�=iaterest of Borrower shall
<br /> �
<br /> n�operate w release the liability of the or�3ina1 Borrower or Borrower's successors in inte�+ess.�.�.i:i�r sha11 not be w -
<br /> � c�xm�sence Pmceedin&S again�.^�any sua�essor in interest cr refuse to extend time for�eapmeat or��se moCi-fir amortization
<br /> ._. . ; +' af tfre sums secured by this 3ecuriry Insuument by r�an of aay demand mu,�+ `tr the origia� Satt'�� �: Borrower's
<br /> �noc�ssors in interest. Any forbearance by Lender in ex�:sing aay rif,ht oI remec?`�:�1 not be a waiver c_`�.r pneclude the
<br />•» � exercise of any right ar remedy.
<br /> • IZ. Successois and Asstgns Bound; Joint aad Sever�I.f��; Co-sl8ness• The cov�'_-'� znd 2'��ents af this
<br />`;.r;,;,. g�curiry Inst�ment shall hind and benefit the successors and assigns bf Lender aas!Borrower. ��aJe�t to ii.�,-:rovislons of
<br /> ''���.. p.�srngraph 19. Borrawer's o;-•.Lnants and agreements shall be Joint and several. l�a�T Borruiver aho co-L�rs 3is SecutitY
<br />:'.r i,�:,' .. � (�;trument bui doss not er�:c�e the Nnte: (a)is co-signing this SECUriry Instrum�j �1Y to mortgage, grant�W coavey thai ,_
<br /> . . Bvrrower's interest in the F^:,ti.�:.y under the terms of this S�curity lnswment;(b):�wot petsfl�y ob1igat mc3ity,g'orbear or
<br /> _-,;;.�,•.,. + setured by tvis�r�urity I:...�`...�.i;a^.3(,.0�g�that Lend�r�d a�!�otlter Borrc�:•:r may agree exceud.
<br /> �"` �'� �aay acsu�.as�setio:.�.vr�:y�ci��e'�:a te�sns of this Security Iasr�meat or c}�;�.��te witttout�at Borrower's cansent.
<br /> • ., 13.Loan Charges. 1'�.%-W a:aan s..�ure3 by this Security Insuument is subjea e�a law which seta maximum loan charges. .
<br /> .rr,r�:�at law is finally int=.-•rns:ad so that the interest or ot�er loan charges wllecte�i or to be wller�ted in connection with the
<br /> ,;', a :.,' i��u:exceed tL'.r:��itte8limits.then: (a)aay such loan charge shall be reduced by the amount necessary to reducc the charge
<br /> _<<4_,=s ua she permix�x3.limit;and(b)a�ry sums already collected from Borrower which exceeded perraitte�limits will be refuaded t9
<br /> -� �� ` ' � I3:r�zower. Le��er may choose to make this refnad by r+�ducing the principal owed under the Note or by maYing a dirt�x
<br /> .T�=M-� ��ment to Barrower. If ;e :efund reduces principal� the reduction wlll be created as a paztial prepayment without any
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<br /> -- prepayment chazge uadez tiine.'�ote.
<br /> --'�'��� 14.I�iotfc�.Any c��w to Borrower orovtded for in this Securlty In �+++ t s�all be given by delivering it or by mailing
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<br /> --� �::j.., it by firsi cla.�.�:l unlrss applieabie 1�K,n.quires use of another m..�t7s�.The notire sIlall be dir.c�x�l to the PcopertY -�=•
<br /> -�`��=�_^��';,:; ar any other �::dress Bc-r�'zr designates by notice to L.ender. Any:���ce to Le�der shatl 1�tq.�en by fust class mail rrs
<br /> `'g ���Q Lender's address stated I�.:���or any other address Lender designates by notia r�� �;,rrower. �a:.�+notice;rwidad for in this _
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<br /> =�',.:_:,..•;.. : Sccwiry tnsuument shall iss a'emed to have been given W Bottower or Lender a��+:ven as pmvide4 in th'.�i�,si��raPb.
<br /> -=�';, 15.Goveraing Lnw; Severtibili4y. TAis Secutiry lnsiniment sha11 be g;::��.�ed by federal taw a::� i':e law of the
<br /> - '���'`�� uaisdlction irF whic�t1�e Pmgerty is Iacazed.In the event that any pro�►ision or clause of this Securiry Instmment or the Note
<br /> �.�r�r�; :,. 1
<br /> :_m..:--��•� aonflicts with licable law,such conflict shall not affect other provisions of this Seauity Iascrtr,:�t or the Note which can ir.=
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<br /> �'��� - f�•;en effect without the c�nIIicting provIsion.To this end the provisions of this 5�.:,..uity Instcu:.s.'nt and the I��te are decl��T r'
<br /> .� to�e severabie.
<br /> ";F! ": �•�;.�,1 , 16.Borrower`s Copy.Borrower shall be given one conformed wpy of the Ne��and of thIs Security Instn�iaent. _
<br /> ' � Form 3428 ST/:"sm
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