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<br /> 2�°�' payment�mny no lung�r be fcquired. at titc option af I.ender,if mortIIuge insurunce coverngc lin thc nrreuwtt a�fd for thc perio
<br /> ' ""' ti�at L.end�r requireg)providcd by ar�insurer uppro�ed by l.ender ngain becomrs uvuilnble and is abtnined. Borrawer fihnll pay
<br /> ` '�',':"`�?'.. the prcmiums r�quirad ta mnintoin martgage insurasice tn efPcct.ar to pmvidc u loss eescrvc,until the requfrcment far mort�uBo _.
<br /> � `� insurAnce ends in urcordancc�vith uny written agreement betwecn Banower und Lcnder or applicuble law.
<br /> �� :�� A.Inspectlon.l.ender or its ugent muy mnke reu�onable entdes upun und inspectlons af the i'rapcny. Lcndcr shull givo
<br /> �lom.�ver notice ut the t3me af or priar to nn inspxtion specifying rcasanabte cuuse for thc inspccti�n.
<br />;:�;����`�'�� 10. Condemnatlon.The proceedg uP+�Y aH+nrd or cluim for damuges.diecct�r consequcntinl, in cunncctian wlth any —
<br /> �• -••- condemnatian or othcr saking of Any pan of the Properry.or far canveynnce in lieu af condemnatian, urc hcrcby ussiBned and
<br />_=:,'���:�`±'�' shall be pntd to Lendcr.
<br />--��±�+�5 ln die event af a totol taking of the Property.�he proceeds shnU be upplied to the suma secured by thia S�cui4ty In�nument.
<br />;:�� whether or nat thendue,�vith uny excess paid to Borrotiver. In thc cvem of u puniul tuking of the Property in �vhich the fair
<br />- _�=��i market vulue af the Property immecltutaly before the taking is equal to or greater thun tho umount Rf the sums secuced by this
<br /> '�� Securiry Instniment Immediarely before the teking. unless Borrower nnd I.ender otherv+ise agree in wdting,the sums securcd by f
<br /> .i:�f��.
<br /> this Secur�ty Insnvment shall be reduced by the amount of the pro c e:c d.g mu lt ip l i u d by the falla�win g fmctian: (u) the total
<br /> rny"`�,���! amount of the sums secured irruncdintety before t�e uttcing.dlvided by (b) the fu{r markct vulue oi the Property immediutaly
<br />-°"�•-''�^��—��—'- bef�re the Wci�►g, pny balance shnll be paid to Bomo�ver. In the event of a partinl tuking of the C'�operty in which the Fnir
<br /> °--�y�� market vulue of the Praperty immedintely befom the utkin�is less thnn the umount of the sums se�ured immediately before t�c
<br /> �,��:a,�� t�cie►�,unless gorrower nnd Lender otherwise ugree in writin�or unless applicable la�v othcnvtsu provtdes.the proceeds sfiall ..
<br /> -- - — be applied to the sums saured by this Secudty Instrument whether or not the sams atc then due.
<br /> If the property is ubandoned by Borrowes,or if,ufter nattae by Lender to Aorrower that the cnndemnor ofters to mn{ce an
<br /> - --� awacd or s:.ttte a clatne for damaFe.4. RorroWer fails to respond to L.ender wtthin 30 duys afte��tee dute the notIce is given,
<br /> - I.ender Is uutEiorized to wllect and apply the prcceeds.ut its option,etther to restoration or rep�ir of the Praperiy oe to the su�rts �
<br /> ,,�.�,��� secured by this Secudty Instcument.whether or not then due. ���ti�n of racr.e�is ta p�incipal shall not extend or
<br /> � Unless Ixnder and Borrower othenvise egree in�vriting. uny app R
<br /> postpone the d4x date of the monthly payments�eferred to in pamgrapfis 1 nnd 2 or change the an:vaunt of such payments.
<br /> _� 11.B�rn+n�n'er Not Rele��d+F°rbearnn�e By 1�►der Not a�'Uadver.Eatenston af the dcar. for payment or modifi�*,hox�
<br /> of amortlzatlon of the sums sacured by chis Security lnstrument granted by Londer to nny suca�l�in interest of 8orrower shull
<br /> - rtot operate to release ihe liability af the orfginat Horro�t�t3 or Borrower's savcessors!n interest.Lender shall noi be required to
<br /> —`� commznce pmoeedin�s against any sua�ssor in interes!or refuse co eatend tima for payment or otherwise madify az►ortiu�ion
<br /> of the sums secured by this Secudty Ynsuument by reason of any dem2.�d mnde by the original Borrower or Barmwer's
<br /> �� successors in irderest. My forl�earance by II�nder in exenlsing any right or remody shnll no3 T�s�a wniver of or prectude the
<br /> '�� :,xtr�ise tsf sity Z's�c►r remedy.
<br /> 12. Suooessore su►d Asslgns Bovnd; Jotnt an�l S�verN Uabil[ty; t:o�sl8ncts. The ar�w� ���"°af tl�s
<br /> Secudry Insuument shdl bind and b�meftt the suooessois and assigns af Lender su�d Borm���er. subjeci to the pmvistons of
<br /> -- paragroph 17..�orrower's o�vennnts end a8reem�nts shall be joint und severnl. A�y Borrov►r�.who co-s tgrt��snvsey tUA
<br /> Instrument Q�vt'�mes aot eaecute the No1e:?�a)is arslgnin�this S�curity Instcument only to un��3�ee,gran
<br /> � g��rrower's fic►1�x�st 1n�te PropertY under 8�kc terms of this Sacurity ftuis'trument;(b)is not pet£�Aistt1�?;obli�ated to pay the��s
<br /> ��"� secured by this Searity Insaument;and(c)agrees that I.ender and any other Borrower may a�e w excend•modl�Y•forbear�
<br /> ��� make any accoaunodations with regard to the tem�s of thi��ri�5+Iastnunent or tha hote wtth4ut thut Bermwer's oonsent.
<br /> 13.I.��un C1�ur�cs. If the loan secured by thlg Sec°°tY Insmunent is subject to a law wbi�sh sets maaimum loan sharges.
<br /> ��� and that law is finaUy interpreted so that the iaterest ar other loun chttrges collcxted dr to be a�llected In connoction witD�the
<br /> = laan exceed the permitted Ilinits��sums�y collected fmm Burrower wht�chd exoaeded permitted Itmitstwil�l be�+efunde��o
<br /> to the permittecl limit;end N)�Y
<br /> Borrower. Lxndr�r may choose to make thjs refund by roducing the principal owed und.es the Note or by maklnA a dtrect
<br /> pay�nent to I3qrnower. If a refund raduoes principal, the reduction wltl bcr meatod us n partinl prepayment wIthaut ciny
<br /> - pmpayment c:!��r}�e under tt►e Note. •
<br /> 14.No�ITCS.AnY Rot)ce�°B°�dv�r►tC°�ded for in thta Secucit�Instiument shnll be giv�cri by delivering it ar by��,
<br /> ;i by grst cpass rnail unless appltcable.Dntiv xeqnires use of anotiier method.The nodce shnll be dimctod to the Proper�y A
<br /> or s�y uther mddc�¢ss Bortower desi$itates by nodce to I.rnder. Any notice to i.ender stu�U�be given by feast c�nss mail ta
<br /> [,ender's nddress sust.ed hereia or Fu►y oiher address�nder dcsignFittes by notioe to B�rrawcx. Airy noflc�pr,m��;-�.'�s�for iu tl►la
<br /> 6U �
<br /> -- Securiry Iashument shaU be ceemed to fi�vs be�n�,��In.stnunent shnlid be t�o erned � fb1!ictrdl law ianc��aw of the
<br /> ----=__= 1�.�overaeln;; Ihes3 •�•.:•••,�'„+.l.�. '?�h. h►
<br /> _ _� Judsd[etion In wfiich the ProPertS' is located.ln the event thnt any pmvision or ciau�ut Wii 5ecurity ir�strumcnt ar�e IHa:e
<br /> conflicts wiUi o�plicable a��`sn��rovtston.�To this ead�tlte prorvis ons of thi��ecuriry Ir►9wme t and e 1Vo e an dec�lared
<br /> gtven effi�ct without the 8 P
<br /> to Ise sevemble. of the Note and of th�.:�'Security Instn�mem.
<br />-- _-- 16.Bo�v,a�er's Co�y.Hono�ver at��i�be�ivcn one oonfor�mflfl oaPY
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