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<br /> payuients�y no longcr be required.at the aPtion of Lender,if mortgage insurunce coverage l'en the amount and for the period
<br /> that Le�der rec�uires)provided by un insurer approt�d by Leader ngaia tzecomes available and is obtained•Sorrc+tver shall pay
<br /> tZie pra,-niums r2quired to mainutin mortgage insuraace in effect.or to provide a loss res�rve,untit the requirement for mort�t�e
<br /> ins+srartce ends in escordance with any c+rritt=n r,6ra2mant�Ptween Barrower and Lender or applicable law.
<br /> q,I(LS�Ctl9A. Lender or its agent m�y rna.4e seasonabie enuies u�an and inspt�3ions of th:Frugzrry• L.es�der sh�1�give � __
<br /> �oreower rtotice ai�c�tim�af ur grior w�tse insr+?r`!icu��i�"n�r�snnaIIsie cause for the ins�ectio:�.
<br /> 1(!. Coaci�mns�tlaa. The prace�s oF any aivard or claim for darr��es.dinct or consequential, in connectian with any "6�
<br /> rnndemnation or ottczr takins of any part of the ProgertY.or for conveyance in lieu of condemnation.s�re hare�y assig�d uitd �
<br /> shall he pald to Lender. - p
<br /> In thc�vent of a rotal taking of the Propzrty.ehe pmce2ds shail be applied to the sumc secured by this Sacurity Instru�nent,
<br /> tohEther or nat then due,with any excess psid to Horro�ver. In t�e event oi a gartial ta�ing of the Properry in v�hich tke fair �
<br /> marltet value af the Pf'ogerty imm2diately before the tatsing is equal to or greater than th�amaunt os the sums secured by this
<br /> gecvrEry Insirument iminediately be#ore the taking,uniess Boreower and L�nder culiemJise a�,'re�in Writing,the sums secured by � .
<br /> this g�curity Instcum:nt shaU be redeced by the amnunt of the p�s muliiplied by the folloa�ing fraction: (a) the total
<br /> amount of ihe sums secured imsuedi�.tely b�fore t�c�tak►ng.dividcd 6y tb?� ��kei value of the Prope�ty immediately
<br /> �egarz the takin�. Any balaaoe shall be paid to Bor�wer.%n the event of a partial cadnB of the Propecty ia wtrich the fair
<br /> rna;tcet value of the Property immediately before tha takin8 is less ih�n tke amQVnt of the sums serured immed'aately�eferv the
<br /> ta'sing,unless Bomn�ve*a�cl i.eader oikenvi�e a�ree in avriting or unless applicable latv otherwise provides.the procee�s se�ull
<br /> be applied to the sumc secured bY this SecuntY Ins�um�nt wheiher or aat the sums are then due.
<br /> If the Property is abandoaed by Borrotiver.or if,after aoiice by Lemder to Borroaer that the o�ndemnor offers to make an
<br /> award or settle a claim for damages, Borroiver fails to resgond to I,e�der within 30 days after the date thz notice is gi�en,
<br /> Leuder is authorizEd to callecc artd apply the proceeds,at iu op4ion,either to reswratinn or mp�ir of the Prope.-ty or tm the=lia�s
<br /> secured By this Securi4y Instrunrent,whether or aot then due. ��on of mceeds to rinci �l sh311 not extend or
<br /> ��1�ss Ixnd�r a� garrower othera+ise agree in writiag, any ap� P P P
<br /> postpone the due date of the ucunthlY P�Y�nss refemed w in patagiaPhs I and 2 or c6ange the amnunt of such Fayment�.
<br /> lg,Borrower Plot Re[eas+�;Forbea�ance By Leuder Not a Wa�ver.BxteasioB of thz dme for paymer.t or mfldifu�rm
<br /> of amortization of the sums secured by this S�xurity Insurument granted I�3+I.euder to any successor in inten5t of Bor�ower shnll
<br /> aoi operate to retease the liability of the ori�Bo���or Bor�ower g_2coessa:s in interest.Lend$r shall�soi be recNir�`ai ra
<br /> rnmmeace proceedings against any succe�ar ia uiterest or refuse to e�s�rimx for p3ymeat or othetwise modify arIIOrti�atinn
<br /> of the su�s secvred by this Sscwiry Instsument by reason of any��and m3de by the original Borrotver or�oraouier's
<br /> successois in interest.My forbearance by I.ender in excni^�g anY right or remsdy s1�a11 nnt be a�vaiver of Qr�nclude sxe
<br /> exercise of any right flr�medy. ents of this
<br /> 1Z. Sitcoeswts Snd Asstgtu Bound� .1'aint and Setteral Usb�L_r,,Co-s3gne�s.The coven2nts and agre�m
<br /> Security Insttvment shall bind and henefie tt;:saccessnrs and assigns �f Lender and Borrower. sub,�ect w the provi�enna af
<br /> paragraph 17. Boaower s covc-n�nts und�eemenu sha11 be joint aud several. Any Borro�ver R•`LL� co-si�s this S�urity
<br /> Insiiument but does not exec�tixe Nate: (a)is co-signing this Security Instrum�nt only to martg,�-�+:.p"��1�pv�7► �
<br /> Borrower s inienst 6n the Fro�.r.+r :�adsr the terms of this Security Ias3aumeat;(b)is not�rsonallY c��aa--��n�ps�[�e sutns
<br /> serurecl by t}us Se�rity Insh�a�r�;a�d(ca.�ees that Lertder and any�3ai:w•Borro�ver may agree to e°�',s^...d,�a'�Y::forihe�r�aY
<br /> make any accoa.:ca-iations with regard to;:a�u,�^as of this Security In�.rnrn�t or the Note without r:'�Lu.TOV�.�t�:�:nt.
<br /> 13.Loan Cbarges.If the toan s�ura:�y tivs SQCUrity Insnums�q.u subject to a law wtuch sets ma�cia'.s-'fl[i��n chnr�°s,
<br /> am�chat law is finally interpreted so tt+.�-t the imerest or et3�loan charges collected or to be collested in oor,��iva witii��e
<br /> loan exceEd the permitted limiu.then: (o)any such lea��nts7;e shall�Se redused by the amflunt necessary w retu�+::tho c7u►�e
<br /> to the permitt��mit;and(b)anY sums�irezdy callecieb EYum Borrower which exceeded permitted limits will be refundo�to
<br /> Borrower. Ler.ter may choose to make this refund by ceducin;the principal owed under the rote or by malang a diL.ct
<br /> payment to Baaower. If a cefund reduces principal. the reduction will be treatsd as a pardal pieQaycn�nt wititout eny
<br /> pr�ayrnent char�e under dte Z�r,te.
<br /> 14.Notices.p.ny notice tr narrower pmvided for in this Securiry Instcumznt shall be given by deliverin�it or by mn'slu�g
<br /> it by fiist clas:s mail unless app:icable law requires use of another method.7`he nohse shall be directed to the Froparty A�'dtuss
<br /> or any other adifsess Borrowes designates by notice to Lencl�r. Any �otice to lander shall be given by first class mnil�to
<br /> ➢.�ender's addres�stated herein or any other address Lender desig�,�t�_l�y aoticc to Borrower.Any notioe provided far in thiv
<br /> se:curity Instmment shall be deemed to have been given to�31:rrowee a!'1:.�,�ader when given as provided in this p�`:�aph.
<br /> 15.Gotierning I.aw, Severa6iUty. T'his Securcty trir_�umxnt shall b�: govemed by federni law arud if1c:� tacv afche
<br /> jurisdiction in which the Property is tocated.ln the evert':nat any provision or clause of this Security Instrum^.�tt ar the Note
<br /> eonflicts with applicable law.such conflict shall rtot affect oiher provisions of this Securiry Insuum�nt or the Note�vhich can bc
<br /> given eRect withaut the oonflicting provision.To this end the prwisions of this Securiry In3uument and the Nofe an:doctared
<br /> to be severable.
<br /> 16.BorroWer's Copy.l3+;i.wower shall be given orce conformad copy of the Itlatr:•ar.�of this SECUrity lnstnune.�t.
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