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<br /> pnymento may no langcr be requlr�d,at thc optian of l.endcr,f(mo�t�ugc insurunce coveroIIe(in tlie amount and for�he pedod ��
<br /> tnut�ender requires)pruvidedDy an insurer approved bY L°nder ngnin heu+mes nvnitable and is obtntned.Borrowtr shall pay ,__
<br /> ,��. ' ., the premiums rcquited tn maintain monQnge insurancc in ctfect.or to provide u los9 reservc,untli tiic rcquirement for cnortQaAc
<br /> ^ inserance onds tn uccordance wNh nny wduen ctigreement 6et�veen Bono�ver und Lcndar or npplicuble luw. �_,.:�="
<br /> , , r 9.1nsRectlon.Lender or 1ts naont may mnke rensonnble entdes upon cu►d inspccttons of the Property. Lender ahi�ll Bive
<br /> r._-•
<br /> Borrower aattce nt thu time oY or prlor to un inspestion specifyiaB rcusanuhle cuusa for the inspcctlon. �..�--
<br /> 10. Co�tdemnntion.TFic procecds oY any uward or c(nim far dmm�B�s. dircct or consequcnt�At, in connection with nny
<br /> )'1T
<br /> �� � art of the Pro e or for conve nnce in lieu of cundemm�tiun,aro hurcUy as.ginncd aad ��� .."
<br /> condemnndon oe other tnkin�ot any p P RY� y -
<br /> � ���.? shnll be paid to l.ender. ���._
<br /> ;.;:�,��� � In thQ event of o totul tt�kiag ot the Property.che proceeds shuq be applied to the sums secured by this SecuritY(nattumem� •.,J-
<br /> - �^--"�'�� �vhether or not then due,wttb any excess paid to Borro�ver. In the event of u partiN taking of the Property in which the foir <<yd
<br /> . i mwkct vnlue of the Propetty �aunedinto�Y bcfur�the taicing is equal to or greuter than tbe amouat of the swns secur�d by thts ;��;�--
<br /> � �� : � Securlty Instcument imtnediatalr before the tnking.unless Borrow�r and L.ender otherwise ugree in wtitiag�the sums secured by �:`_
<br /> ' thta Securlry Instrument ehall be redaced by the �uuouat of the proceeds muttiplfed by tke follo�vtnn frsction: (u) cDe tot�l
<br /> amount of the sums secured Ima�edintely before the toking,divided by(b) the fuir warket vnlue of the Progerty immedtatety
<br /> ' �4 before the wkln8• Atry balt�a shall be patd eo Botrower. In ttE�e event of u paztiul tnking ot the P[opetty In which tho fair
<br /> ' • market vritue of the Prnpetty lmmediutely before thc takin8 is less than the amouut of the sums secured immedtutely before the -
<br /> t
<br /> takipg�unlcss Borrower nnd Lender othenvise agree in�vritia�or unless applicable taw othenvlae pmvides.ths proceeda shall
<br /> ' � be apptied to the sums secured bY thts Secudry Incaumeat whether or aot the sums am�hea due.
<br /> _ � if tha t�rogcctty i�ssbandened bY BorroW��or if,after aotice by Ixnder to Borcower that the cundemnor offera to mako an
<br /> award or setde a claim for duuages. Bomower falla tn respond to Lender within 30 days :�ftet tlie date the aodce is gtve��,
<br /> n � L+e��er is authorized to wltest uid apply the proc�eds,�t its optlon.either to cestoration or mpait of the Property or to the sums
<br /> s�s�,�sd by this Sec�utty lnsumment.whether or not tL*�c'h�e. �i�uon of roce�s to rlacipul shall not excend or
<br /> - � "' . Unless Leader and B�rrower otherwise agree in wdtin8• �Y �PP P P
<br /> postpone the c.h*.�date oY the monshty payaients referred to in parngrnphs 1 sud 2 or change the amount of such paymeata.
<br /> ': `.: � � � � 11.Baa�o�zr Na8 Re��acedi Forbenrnnce By I.ender Not a t7N'��liarer.Extension of the time ffor payment or modificutton
<br /> �,,`. .�
<br /> ;,. ����: ,:� of omortlzation of the surnv �sared bY this Securlty Inss��t���by Lender to�ny suceessflr in interest of Borrower sholl �
<br /> ' '� , not operats to r�elease the I'ea�llity of We original Boim���r or Borrower's su�ssors in Interest.Lender shull aot b�s requIred ta
<br /> • • ,. ,,�rt � camraencs proceedings aBAinu anY successor in iuterest oe refuse to eatend time for puyment or otheiwise modify a�nortlzation
<br /> ,:'�,'•r .= of the sums secured by this Secutlty rnsuument by ceason af any demand made by the ortIIiaal Borrower or Borrower's
<br /> � :� 5 f ��;.�, �����incerea�. Any fa�bearaace by Lender ta exercising aay dght ur temedY shaU a°�tre e Waiver of or preclude the
<br /> :",��.�,5:r t�s.,::.
<br /> ,�,.:��.;. exercise of any ri�ht or ccnttidy
<br /> . ,F W",-' 12. Saccasors und�ns Bounds Join4 arad 5�ernl Lin6fHty; Co-slgaers. The covenantn and agr��men►s of this
<br />�;;',�;iF�}��'f�`�;� Securiry Instrument shall�nrd and benefit the suceessors zu�d assfgns of Lender a�d Borrower. subjeat to t�e provisions of
<br /> .�.:�r�.z.._.r •� +
<br /> -_ -.�;i P�II�Ph 17. Bflmawer s covenants and a�reements �t�l be joiat and several. Aay Borrower who oo-afgas this tY
<br />_ �k`::.,..„� �nsmunent tru��u�nmt caceaute the Not�: (a)ia co-slgning this Secualry Insuument only to martgage.grant aad convey t6at
<br /> ':�� sn ,��
<br /> j��';�►��'� Bonuwer's I nta�st I r e t he 1 P r o p e n Y u n d e r t h e t e r m s o f t A i a S e c u c i t y Y a s t�u m e nt:(b)is not p e t s onzlly oblignted to puy the aus�a
<br /> --"��� secured by this Security In.��ncent�and(c)agrces t�:t fl�nder a�d nny other Borrower may ag�ee¢o oxtead.nwdify.forbea�r oa
<br />- :�?_a._;..•
<br />- -;_'��, m�1ce aay acoommodations wiQ� regurd w the terms of this Security Insuumeat ar the Note without thnt Barrower's consent. _
<br /> - �� '°`="'�� 13.Loun Chnrges.!f 0e loan seeured by tliis Securiry Insuument is subjeet to a law whie}a sctss mwcimum loua et�arge3.
<br /> :F•cr �� ti::;� aad that law is finulty Interprete�so ths►t�the interest or other loan cfiar�es coU�ted or to be coECected in wnnection with tha
<br /> _��:�ti�i:�11--
<br /> --.-.Y�-.��, �... .laa�t exceed the pErmlxteE limits.then: (a)any such loan char�Ze sha71 be reduced by the amoum ua�o�ssa�Y to reduoo the charge
<br /> =" �the permittod ttmit:anfl tb)�Y���Y collected from Borrower whtch exc�eded pem�itted ltmits wUt ba�+efttAd�d to _
<br /> ":,'""°"'"_.`�""`s� y � P P a direci
<br /> =-���� �orcower. Leader m�+y c'�t�me to make this cefund b reducin the riuci al owed uudet the Note or by �ciatdng __
<br /> __ _-- - paYment co Borcnwer. if a refun� neducaa principat. the c�oduaion wlll be tna�ted as a partial pnmayment �thout any► _..
<br /> --?�= pnpuymcnc�ha�,;e under tho Note.
<br /> ��=.� 14.Noitces.My�tica to Bo�io�ver pcuvtded for ia this Security Instzument s1�a1t be gtvea by delivering tt or by maitir.3 -
<br /> -"`� it by first class mt�l unless applicable law requites use of enother method.The notioe shall 6o dir�cted w tho FrapertY Addre�a P__
<br /> -��.="'-"-�"�"� or any otl�er address Borraaer designates by notice to Le�eder. Aay notice to Lender shaU be given by ficsi class m?31 to a_�
<br /> -� --- L�eadcr's address stated hereln or any other ad�ress Leader designates by aotice to 8onrower.Any nodoe pmvided for in this -
<br /> -�� Security Qnsnument shnll be doemed to hnve been gtven to Borcower or Lendsr when given as provided in t6is para8raph•
<br /> -_---- �•`=:ii� 1S.GovernWg �.aw; Ses+erabi7��v. Thia SecurIty [nstrument shall be governed by fedcmt Inw and the tuw of the
<br /> — jurisdtction in�vhich the�ropertY is located.In the event Wat any pmvision or clause of Wia Security Instcument or the Na2o
<br /> . R:�,".,,� - caailfcts rr:ih appHk4,►!e t•��v,s�ich con�lict:.�al!�.�a�;cs othrs gr�visione of tliis Sexurity rnsmimr.at or thc Note whlch can mC _-
<br /> �`�� ��� given effect wlthout the c�ntltcting provlsIon.To t�is aacd tlte provlslons of this�urlry tnsuument and che Atote u�e tlectar� �
<br /> --.,,.�;c,�y�
<br />-..-,.��._:.�"::�,c..:• • tObdSBVCrdbIQ. "
<br /> �� 1�.Ban+ower's Copy.Borrower sha11 tx givea one oonformed copy of the lVote and of this Securiry Iastn�ment• _
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