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<br /> � � � 99- ����s.� � �
<br /> ` � � paytr�nu rtu�y no longer b2 required,ra ilte option of Leader.if mflrtgage uuurance coverage(in the amount and for the periad
<br /> ` � tl�t Lender te�uiftsl pruvided by;an insurer agproved by Lender again 62comes available and is obtained. Borrower shall pay
<br /> �� the premiums required to maintain atartgage insurance in effect,or to pmviae a lofs resen�.uncil tl:e requirement for mort�age
<br /> , ' ' insurance enslia in 4scardancc with any��+dtten agreem�nt betwcen Sarroc�rer und Leader or applicable law.
<br /> �
<br /> � � 9.le���cdton. laIIder or its a�ent may make ceasunable entries apon and ins�ions of the Property. Lender shall give
<br /> � gonotvcr aoitce at th�ticne of or prior to an insgection specifyin8 reasonab�e cause for the insgecwon.
<br /> . 10.Coadecnnaslon•'ihe Pracceds of anY award or claim for damages,tirect or consequential, in connection with any
<br /> ' : : � condernnaian or ot&�r ta.kin�of any patt of tte FrogeKY�or for wnLeyance in lieu of condemnation, are�hereby assigaed and
<br /> � '. � • �� sha110e paid to Lender. ,
<br /> [n tL+g eLent of a cetal ta:dn�oP the Progercy,che proceeds sha11 be applied to the sums sec�amd by this SECUriry lnstrument.
<br /> � .-Y=-�'""' ' whetker or aot thea due.wi?P►anY egass Faid to Borro�ver. !a the event uf a paxtial ta:tin�of th�P=uF°..m� 'sn�r+l;ich Q►e fair
<br /> � . •' market value of¢he Propzm� imm�diuely�efore the[aking is equaf to or gmater thaz�ch�amount of the sums secur�by this
<br /> � • ; Security{n,tniment immxdla�ety�efare the taking,unless Borrower aad Lzrcder otherwise agr�in writing.t�e suffis sQCU�by -
<br /> . ' ; tlus Security Instruatent sh311 be tedueed by the azuaunt of the proceeds multiplied by the follovring fiz�cion: (a) the toral tJ_`-_
<br /> ' � � ansaunt of the sums secured imtaediately Isefore the taYpng.divided by (b)the fair market vatue of[he Peugerty immediately �.x��_
<br /> .. , before ths tm4:ina. Any balance shall he paid to Borrower. Ia t�e event of a partial taking of the property in whicL the fair ::�,
<br /> : j market v�s�e of t�e P[ogerty im�nediately before the taking is less than ths amount of the sums secured immediately trefaie ths s_-'�'�
<br /> ` � j taking.unless Banower and Lender oihenvise agree ia wdting ar ualess applicable law otherwise pmvides.dte proceed.s sh�l _
<br /> _ ___- _—'=T; be an�iied to the swas s�cu r�d by t h is S e r u r i ry I n s u u m e n t w h e t h e r o r a n t t h e s u m s a r a t h e n due. E�
<br />—`-- • —_ If tttE Ptaperty is aDa�tsonea by aanu�c:.a.-if.�fter uot':ce by i cnde;to aorrower that the coadPmnor offers to make an �
<br /> award or settle a claim for damages. Burrower fails to respand to i.er.der within 30 days agter tlre date the notice is gi�en. _ _
<br /> �. Ixader is autho;ized to collut aad apply the praceeds.at iu option,either to restoratian or�gair of the Property or to the�� �—
<br /> .. ' s�red by this S�uri�y instrumsnt.whYther or nat tltea due. _-
<br /> • � �f . llnless �.eader aad Borrower otheiaise agee in writing, anY aPPlication of proceeds w pr�cipal shall aot em�.d�sr �
<br /> ',�' postpa�:the due date of the monthly paym�nts ceferced to in paragaphs 1 aad 2 or change the amount of n�payments. ---
<br /> .�;�� fll.Hormwer iW�i Reteased;Forl�aace�y 1xad�r Nat�Waiver.Extension of the r:�e for pa}•au�t or mudiSr�tion _
<br /> of aznvcti�auion of[he sums secured by ttus Secwiry[n..�ument granted by Lender to aay sa�r in inteiess of Ba��'c�-�11
<br /> not aperate to release t�e liabiliry of the original Bmrntivn or Borrower's succxssois in interc�c.Leuder sbaU nat be req,urc�to __-
<br /> ,,��� oommeace prooeedings against any suocessor ia intcrest or refuse to extea�time for paymene ar athervriss modif3+amort�tion =
<br /> = -- � � �� �,m� �ur�by this Seturiry I�uu�tent by reason of any demand made by tEis cri�inal Borr�A'eT or Borrower's
<br /> � successors ia inierest. Any forbearance by Lzader in exercising any right or remedy sb.al�r�i 1�a waiver of or preclude the
<br /> ' � racercise of any right or re�edy. -
<br /> , : � �• 1�. Suoceswts siad Assi�Bound. doiat aad Several Liability: Co�as. 'dT� ca�venants aad agreeme»ts of Wis
<br /> � S�rity Insuum�t shall bind aad beaefit the successo�s and assigns of Leader aud�en-arrer. subject to the pmvisions of
<br /> ` � �' ' pata�raPh 17. Borroiv�r's wvenants and agmements shall be joint aad sever�. Any Borrower who cQ-signs this Serurity
<br /> Ir��+++��but does aot exerute the Note: (a)is co-signing this Securiq+ Inswment only cr,mortgage. �►t and convey thaz
<br /> ' BortvivEr's interest in the Pcoperty under the terms of this Seau'ity Inst�ument:(b)is nat gec_�onally obSi�r.r1 w pay�e sums
<br /> •�•��`'� secure�.hy this Securi2y(nsirument;aIId(c)a�r�s that Leader and aay other Borrower may�to sxe��.,+m?a;fy,fY�I�L OI
<br /> m
<br /> . - make any aceomsaodatioas with re�cd w[he terms of this Security Inswment or the Note vrztitout that Hc�:w�'�co�ut.
<br /> � 13.I.oan Chatges.If the losn secvred by this Security instmmEnt is subject to a law which sets�'s�ir•"-�m loaa charges�
<br /> and that Iaw is finally interpreted so that the intemst or other loan charges coll�or c9!se collected i�:,annection with the
<br /> loan exceed the pemnitte�limits.then:(a)any such loan c.�arge shall be reducecl by the zs�unt ne�essary to reduce the ch2rge
<br /> ' • to tha permittod liaut;aad N)�Y sur�aireadY collec[ed from Bormwer which excee�ed�.rmiued limiu will be refunded co
<br /> -;,,:. .'' `` '��, . Borrower. i.eader may chaose to make this cefund tsy reducing the principal ow� u�3r'�ifte Note or by making a direct
<br /> '��''�s`" �r-•�?�T}p payment to Borcawer_ If a tefund reduces prineipal. the roduction will b¢ crzated ss a partial prepaymeat without any
<br /> .--e6'_�%.-i.��.�•..
<br /> ���• ' nt chazge uadar the Note.
<br /> .�:�;�:::�.��� P�P�Y�
<br /> - 14.NotEc�.Any notice to Bormwer pmvide�for in tWs Sccunty Insuument shall be given by deii���;i.ng it or by mailing
<br /> . • it by fic�t class mail unless applisable law requires use of anothcr method.The noiice sltaIi Ise dir�d W t}�e Propem!A,r!dress _.
<br /> - "... -, or any other address Boaower designates by notise to Leatier. Aay notice to Lender is:.,�!t be given by first c1�.:-�.m.;il to
<br /> ----� :: # ixader's address stated heieia or an�+other add��ender designates by aarice to Borrower.l�y aotic:pmvided f3c sn thls
<br /> -•� ' '; Securiry Insnument shall be deemod to have been given to Sorrower or Le�r sahen given as providsd in d�is pazagrapb.
<br /> -r �. .' �.,: �.� 1S.Goveming law; Severa�llIty. This Secusiry Instrument shall �e govemed by federal :�.�v and the laiy of the
<br /> _�_+��a, ��,s.
<br /> :..•:n. ::1k;#i�.- •.�. jurisdiction in which the Propercy is tocated.In thE event that uuy pmvision or claure oF rlsi�Security Instrument ar�if�IVote _
<br /> - •:. i,a,:,.. . ,
<br /> � . • '� oonflicts with applica�le law,such conflict shall not affaet other prbvisions of this Securin�1it�riument oT the 1Vote v�r►ict�can be
<br /> - �' � give�►effect without the wnflicting provision.To this end the pmvisions ef iI�Security Inswment aad the Note are detlared
<br /> - ' to be severable. __
<br /> . .. � 16.Sorrower's Copy.Borrower shall be�iven one conformed copy af iiv.Note End of this Securit�j Hnsuument. _
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