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<br /> '�I paytne.nts aiay ao longes be required.at the oplion of Lender,if mnrtgage insnrance coverage(in the amount and for the period
<br /> � �, "�'1 that L�der tequires)p:ovid�d by an insucer aypr�ved by len�er a8ain�comes availab2e aitd'u abtaiaed. Bomnwef shall pay -
<br /> � � the psemiums t+equired to maintain maa�age iasuranse is�eft�c,or to provide a loss reserve,until the rzquuecaent for crtor[gage `�`
<br /> ' � � •++��r,nce eads in zxardanse with any writtea agreemeai 6et�ve2n Horrower and Letcder o�applica6le la�v. ��'�u;
<br /> � ` 9.Easpeadfun.lxader vr iu a�ent cuay make reasoaable eatries ugon aa�inspections of the Proyrny.Leadar s6all give =;�;
<br /> �• ° '` Barrower aotice st the am�of or prior co an inspection sgetifyin�reascnable cavse for thz insgrcaan.
<br /> ' � i0.Coud2mnat[mn.'D'4�e prnce$ds of any a�vaid or claim for damages, direct or wnsequential. in wnnecdon with aay
<br /> � :�� ooadamnation or other ta&ing of a�y part of the Froperty.or for conveyaace in lien of condamnarion.arz hereby assigned aad ;_r
<br /> ` sh3i1 he paid co[xnder.
<br /> ; `.�-�:. Im the event of a toial�ng oi the Praperty.t�ce prorxeds shz116e apptied to[ti�sums securc-�!by this SKUrity tnst�umza�. -�"
<br /> ���,. wtt�htr ot aat tPten dua.with any e�ccess paid to Borro�ver. In the event of a partial[akiag of the Pruperty in which the fair
<br /> . marYet vaiue of the Peaperty immediately befote tt�e ta�sing is equal eo or gieater cbaa the amflunt of cfre sums setured by this _
<br /> ' , ,. : �CUrity,r*+�,.,t�,t immediasely tsefore[tie taking, unless Bonowzr aad L�der othzrwise agree in nmting.the sums secured by
<br /> �':; this Se�vriry Insuumeat shall be reduoed by the amaunt of tha pmteeds multiplied by[h�follovring fraction: (a) tha total
<br /> : amount of tice sums secuted imm�diat�ly before t�e talsing,divided by (b)the fair marka valne of the Propaty imm�diuely
<br /> ` , before the taking.Auy ba��ace shall 1�paid to Borrower. Ia the eve�of a p�r[ial talang of the Properry in which th2 fair
<br /> ' _ ' m3rlset vattts of ttte Propert�immediaiQly bsfore[tts tsing[s less th3n ttte amouni of the sums serured immedi;rdy before the —
<br /> _- - taking,imless Borrower an@ l�der otheiwi�e agree in writfng or aniess appiicaBle l�w ot�eawis�p:nvidF;,ihz pr��sha3i ��__
<br /> . � ba zgplied to the sums�by this Seairinr Ia�uument vri�ether or aoi the sums�e[haa d�s. !;_
<br /> . . . If the Property is abaadoned by Borrac��r.ar if;after aotice by I.eader w Bflrrower that the coIId�zmnar offeis co make an _-
<br /> ' • awasd or seffie a claim for damages,Bormc�fa�s co respoad to Leader withia 30 days aftes the d�te the aotice is givan, _
<br /> • � . tr.�er is authori�d w collect aad agply the Fmceeds,at us ogtion,either w restoration or�air of thz Frapexty ar W ths swns --
<br /> � ' � secured by tlus Security Inst�u�ent,whether ot aot tht-�ds� E°
<br /> ' ,�--� . Unless l.eader and Sonower o�rise agree ia Rciti�a8, anY aPPUcation o�proceeds m privapal sl�xll�t extend or
<br />,. � gnstpcgne the�date of the monshly payas�ats cefecred[o in pazagrap�s 1 aud 2 or change the amount af sucb payments. _
<br /> ( . �• 11.Borrs�l�tai Re3�;ForbearAnce By L�d�N[�2 a P�a£�e.Extensiaa of th�ame for paya�nt or modificatiez `�
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<br /> `;•��.-;�>:,� ','` af�onrti7arion of thE snms�by tLis Security Insnvsxat gr�c�Uy Lender to any suocessor ia interest of Borrower sha}I
<br /> ��,��;;: . �e apetate to release We li�di�r of the original Botmwet 4r Borrow�'s suooessois in intetes[.i.ender shall nca�t required to `__'
<br /> "';'�x���.� ' wmmence praceYdings a°��ay suocessflr in intaesx er refi�se to extend time foz paym�at or ottter9vist�amorti7asion
<br /> r�. ..�, of tke su.ms secumd by this Se�urity I�ssdument by �eason of any demaad made hy the oriP;tn3's Sflrrower or Botmwer's
<br /> '�;''•a�;.,�: --, s¢ocessoTS in interest. Any forbeazance by LEnder in eaercising aay rip�t or remedy shall aot�e a�raiver of or pretiud�the
<br /> =.,%l�•s.•.+..`;;• ��of azry right or eemedr.
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<br /> IZ. Snoccssors and�s Bound;Joirrt s�ad �s�s1 Lls6�lity:Ca�tgneis. Tke oov�anu and a�ents a8 this
<br /> '�''``'. �.f. �uiry Instrument stzall b:nd and benefit the suocessazs au3 assigns of Lendes aad Borrower,subjed to siz:grovisians of
<br /> --_ : ��..; E�,�aph 17. 3.'arroiver's covenaau and agreemenems shall ba joint and seveial. Aay Borrower who co-sigas this Seauiry
<br /> ;.�>:r`,�'�• ? �.nsuument h-,�.�in�cot exerute[h$Nete: (a)is co-signing[his Sxaariig Instn�nt anly to mnngage,gtant azd oomr�yr tLat
<br /> _:::r�.;��' Gs�ower's int�:in t'�e i��rr.zt}+ua�der the terms of chis Secauity L:st:..m�nt;N)is not peps�ossa'I�S abligs*.ed ta�y the su�z
<br /> _.�"'_"=-_�',,.�"'�'�; ,.�.•�d by this�Cari�°L�rnmr�s;aad(c)agrees tha_c LEr.�and any other Borm��:r may a�tee ors-��tead,msd:f=,�,fotbeaz or
<br /> - '"�`��`��{' make any srcammodati�a:�ar9tlt r�ard to the tercos of "e�is.S�ccuriry Instzu�znt or the fvdte withou-x�Borromr's oaasens.
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<br /> .�`?,;j Y t�•`' • 13.Loan C�es.dF tLe 1�nan secumd by this Seeuriry Insuument is subjecc to a lanr wluda:�'s maximum loan cliazges,
<br /> ;;��;'"�-°.,l�` and that law is finally interp�so t�s U��+ritera�os other loan charges collect�d or to be col3ax�d in wnaection with the
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<br /> w�•�� fit�n exoced the permitted ln�,�; �en: (a�auy such Ioa:.charge shall be reduoed by the amouat��ssary to reduce the charge
<br /> -- =;.:i�� t�the permiteed limit; and (D).zns,r sums already colle�:�d i.':om Borrower which excesded petmitted limits will be nfuadad to
<br /> -==.��—= Bor�ower, Ixnder may ch�es� w make tlus refuad t�� n�using the principal owed uader the Note or by making a dirax
<br /> -- payme�t to Borrower. If a refuad reduces priasipaY. `'_e teducaion will be treated as a partial piepaymcnt witltout any
<br /> �_-a-�'�°„-�" �repayment c[��:under the Note.
<br /> �a��� 10.No�.Any notiat t�Borrov+er pmvided for:n this Secur.t f t�stnunent shall be givea i�y delivering it o7 by mailing
<br /> �'`��?�� iL G.,first cta�ss ma7 unless �r;;.icable law reyuires use cf aaottcer method.7'he aoiice shall be di.��to the Property Addre�
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<br /> - r�Q�y other add�ess Borra;�a� designates by aotice to Lender. Any noriaE to Le�f��r shall �e g9ven by fir�a class mail to
<br /> •�.: �• r�der's address stated herein or any other address Lender desigaates by aotice to Botrorr¢r. l�.u,uatioe pza;r3d+.d for in ihis
<br /> - --- S�curiry Iasuumeat shall be doemed m ha�r.been given to Bomower or l.ender when givea a4�rmvi�i��3 in this parxgaph.
<br /> �;�xa�� 1S.Governfng Law; Severubff[t9- '�'6is Secuntl+ Insuuu�nt shall be goveraed �y fc�ii;rn! law and the law of the
<br /> � jui•isdicii�n in which the Prnr.erry is located. In¢�e c-vem rhat any provisian or clz;tse r,a ti:is L'�usiry Insnniment or the Note
<br /> -���..� confliqs aith applicable law,sur�oonflict shall aat aff�s.t other pmvisions of this�aaui.�Ics_.*�ent or the Nore which can b�
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<br /> -_�-y-�'•": given effect without ttxe conllicting provision.To this c�.?the provisinns of this Se�:rity I�tau��t and the Na:e aie declair�d
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<br /> =_„v,,�. to be stverable. —
<br /> ___��i� 16.Boiro�rc�s Capy.Botrowtr sltal�be�iven olte wnfo��1 ra�:��of the Ror�and of Wis`issurity Inswment.
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