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<br /> '-----. �,.—.,..__�_. . ._ .. __._ ����q.a���
<br /> ' ' ' • ired at the o tion of Leader.if aiortgage�nsurance cover��e(in th�aarnu�t aad for the period � :
<br /> pay�ts may ao iopger be requ , P �m�awulable aad u obtai�.Sarrower s}�all pay
<br /> '� that I.eader tequires)Provided by an insurer approved by Ixad2t again
<br /> • ths premiumS re9uired to maintain cunrtgage iasuraa9e in effec.t.or to pzovide a loss reserve,until�he requirement for�nort�age
<br /> ' insutaacc eads ia Eccordaa�with any written agre�eat betweea Basower aad I.eader or appli�able lav,. �8er shall give .
<br /> , 9.inspectioa.LxaQer or i[s ageat may m�2ce reasonable eauies upon aad issspections of the Proper[S�• ��4
<br /> - ---_—_ �m�tic�at the tim�of or prior to an inspection specifying t�asanable cavse for the inspection. _
<br /> - --- ---- � 10.Coad�tIon.'ll�e FT�of the PropertY,or�f rfoon�gce�in 1�i�of co�a�uon,ar?he�re�Y tass�Sned aad
<br /> � wnde�natioa or other taking of Y P�
<br /> -. - - , . � shall be paid m Leader.
<br /> , . _ in t�e ev�t of a total tal�S of the Property,[tie pmce�ls shall be applied to the sums s�ured by this Seauity Instnuaeat,
<br /> � �'�"' whethar or not thea due.with�y excess paid to Boiroa;er. In ual to or of a p��amount of ths su�ns�sPCUred bY this -
<br /> _'- � � market value of the FmPertY��a'-ely before the pkia3 is eq �� _'-`-
<br /> _. � Security Insuument imm�diazelY before the t,akir►g,ualess�nrnnwer aad Leader othEnxise agree in wriring,the sums secured by �F-_
<br /> m� --
<br /> . this Security ins�u�ut shall lse redused by the aaaount o`the prac�ds multiplied by the following fnaioa: (a)the total --_
<br /> amouat of the suars s�imm9di�ely befom the taIan�,ti•rided by(b)the fair m�rk�t valuthe P ropeny 'm�rbf��fairy — =
<br /> � , befase the taking• AttY batauce shr.0 be paid to Boirower. In.the eveat of a parti�il taldnS _--
<br /> . � � , � market value of the Property immediffteiy bPfore the talria�is less than the amount of ths suaos sec�ued immedia�iY before the _
<br /> : taking,unless Bormwer sud Lende�c athe�wise agiee ia wri��or unl�;s applicable law otherarise provrdzs,the pzaceeds sha11 �--
<br /> ► . �crhether or aot tUs suaLS are th��ue. � --
<br /> . � • , � be appued to the sums�d�I'�� � -—
<br /> If thQ PmpertY is ab2n�oa�d by Bomower.or if.aftr.r aa�ce by Lender to�Orrocv�that t�e c��deamor offers w ma��n �_:
<br /> < . award or settle a claim for �aes, Bomower fails to res�Oad to Lender within 30 ddys after the date the�OOr to the sua�s
<br /> � � Ixader is authoria:d to collect aad apply the p�cseds.ai i�ts a;srion,eititer w cestoratioa ar repair of the Property O
<br /> � secure�d by this Sea:�it}/��whaher or cot then d�ie. al shall sot exterd or
<br /> � • ;�:-c� �Jaless Lendez and Botro�rer atlteiaise aSr�e in writ�3, �Y 8PPUqrion of pmceeds w PTinciP te�d �
<br /> _. . . � �O�ae the due datc of the m�athaY PaYraents referred co in pa�agraPhs 1 and 2 or chaage the amouat of sush pay�eats.
<br /> ma
<br /> , � •.�,,�• Ll.Borrow�Piot Re1ea�;For�bearaace BY I.�'3r�'P�ot a N�aive�.Extension af the time for payme�t aa�difir�aon
<br /> . of aa�rti7ation of th$sums secured by this Security tr�msn-�granted by Letcder to any successor ia interrst of Bormwer shall
<br /> � ' � ttoi operate to ielease the liability of the original Borrovrer oi Borrower's suocessars in interest.IxAd�shall aot be required to
<br /> a ain.�t any sncces.wr in intet�st o-r,�..�to extend tias�for payme�at or oYh�.se modi�y+aawrtl�tion
<br /> ym at
<br /> . � .���r� Comu�eace Pmo�din&S S �'r3orrower or Bomnwer's
<br /> •;::..• 7 of the sums sectued by this Seauity Insuument by rea5a� of any demIIad madc by ttte origina[
<br /> , ��sors ia interest. Any foz4r��ns;e by Ixndsr in e�t�slnd azry right or cemedY shall uut be a waiver of or preclude the
<br /> ' exercise of any ri�ht or rem�dY• ess. 'Ihe covenar�and agcec.�ments of this
<br /> , � 12. Suoces�as and A�igas Baund;doin! an�Sev�al L3abilitY;Co-sign
<br /> ' A �yat w th�pravisions of
<br /> ' . � SeeuiitY t�cr_2ment shall bin�a.d benefit the successa:s and assigns of LendEr and Bormwer,
<br /> �':,;;:i�. ��' h 17. Bomower's ca��;�ts and agreeirr�nt� shn13�be loiat and severai. AnY Borrower c�h� co-signs this SecuritY
<br /> � g`�-�P � tris Securit3+!� �m2et r�iSly 'A mDIt�3$2. grant�!c�savey that
<br /> • ',��7 j���. . I�w��rus�nt but does aot exer���. Note:(a) is oo-si�ria�.
<br /> '�� g�,;,-_•;rer's interesc ia the Propeny under the terms of t�his��rity Insaument:(B)is�rt:relsona]ly obligated��Y�she sums
<br /> secured by this Sccurit3►1nstNm�t;and(c)a�rees th�t L�der and any other Bomuwer�y agre::o e�.-tead,modify,forbear or
<br /> . . make any accommodarions with regard to the terrns of tt:�Se�urity Insuumeat or�he Note wititoL=.ris�a.Boirower's co��
<br /> ' 13.Loan CharBes.If the losm secured by this Sesu.-ity Ins�nt is subject to a law whicl^��maximum loan cd�arges,
<br /> - and that law is finally iaterpteted so that the interect a o:her loan chaTB�►oollerted ar to be coll�cl in wnaeetian with the
<br /> . loan exceed the pe�tt�limits,thea:(a)anY such la��xSa shall be reduced by tt��amnunt necessarg to mduce the chazge
<br /> to the pe�mitte8limtt;and(b)anY sums alreadY oulteeted from Borrower�lal o ved under the Nate or�by�makin8 a dfirect
<br /> :::1.yr:.L'. :,a,: Borrower. l.�der may choose to ma�e this refi:ud b� ceducing the� 'p a t without aay
<br /> al, t�e reducriun wil1 be treated as a partial P�P Y�
<br /> °�° y �� paynoent w Borro�r. If a refund reduces Pri�ciF
<br /> ;i�r:�:�;r.. .�'�w.
<br /> _ .;�.;•�;,:.°: :• pn•:�Ff�t chnrge under the Note.
<br /> �;'���:�� . 14.1�Iot[ces.Any notioe to Borrower provided fo=ue tirin Seauity Insuu�eat s�:ill C$given by deliverieg is cx by mai:'"��
<br /> ;y�;$'��;�;r�`. , ?
<br /> :r,•a,.�{i.ar. it by fitst class nsail nnless applicable taw ceqirire�uae of another t�thod.'Ihe aotice�all be directed w the Pr��r.�y Address
<br /> '--�f.� . � or any other addcess Borrower designates Gp �ati:e to Leader. AnY nodce to Lender shall ise pvc�by first class mail c�
<br /> :�'��`�"i''� - Leuder's addr�s stated herein or any ot�.rr3ri:ess L:uder designates by aotice to Bonoaec. Aay r„atice provi8ed for in thi�
<br /> . ;s.,•,�.�. , ,
<br /> ' ••;�:':'�'. .. Securitp 1ns�nt shall he�nr•JS w have teen�€YCn w Boaower or Ixader when gas.°a as provided in this paragap .
<br /> :��'#C�4�i.>`�' . 1S.Goveening Luw; Se�rerability. This S�curi:ry' Insuument shall be govs�ed by federal law aad the law of the
<br /> . •„';�,:.. -•. 4: �,s toca:ed_ In tre event that any pravision ur clavse of thia Seciuit5►lnsuuasent or the Note
<br /> •�}�,�:� jurisdiction in ar�..sh the Propercy� Instrumeat or the N�te which can he
<br /> �-=�3�'�'"'' conflicis with�,�z�able law,suc�conflict:is:.11 aa'-affc�t other pravlsions of this SewritY�nt aad the Note are deciw-�s9. —
<br /> :�,�:....�.
<br /> • � �Iven effect witliout the confllcti°�Provisia�.To t�i.�end the pmvisions of tlus Secuncy
<br /> .�:,�2; ' tv i�c:severabte. of the Note and of this Security lnsuu--"s'.��. -
<br /> �::��"�.,�� . 16.Borrov�er's Copy.acsrrower shall be gtvea onue�:cfnformed coPY
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