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<br /> " pny�aents may no longer be requir�ed.ut the option of i.endcr,if ruva ige��l�surance coverage(la ihc amaunt and for the pedoct ��,
<br /> that I.endzr requlres)pmvided by nn inaumr a�pmved by Lender n�aln becomes uvnilable and is obu�ined.@anovrer xhail nay �;
<br /> � the premiuine required to m�intuin mortgoge inaurance ln effect. or to provfde u loss ressrve.u:ufl the mqulrement for mortgnBe �,..
<br /> lnsurnace enda ia accordance with nny written ngreement between Bonower aad Lender or applicuble law. r;_'�'
<br /> 9. Inspeetion.Lender or its nBent muy ma�ce reasonable entries upon und inspections of the Prop�rry. Lendar shall give �
<br /> ' Borrawer nodce ut the dme of or pdor to an inapection specifying reaaonabte cauae for the inapection. �.�;=_
<br /> ' 10. i;ondemnntlon. The procc�da of any award ot clnim for demuges. direct or consequentiul, in ron�icctton wtth any f:;'
<br /> condemnation�r other taking of any part of tha Property.or for cAnveyance in tieu of coitdenu�stion, ere hereby asslgacd and �
<br /> sb�l!be pnid to Lender.
<br /> � ;�;_�.Y-=, !n the event of a total takiva of the PropPtty,ttye Procee�$8aa1�be applied to the sums secured by this Security Instrument.
<br /> � �vhether or not then due,with any excess paid to Borrower.In the event of a partial takiug of the Proparty in which the fair ��'�_
<br /> rnarket vulue of ths Property immediatety before the taking ts equal to or greater than the runouat of We suma secured by this
<br /> • .L �J!
<br /> Securlty inattument immedlately before the taking.unleas Borrower aad L.ender othenvise aer�u in wrttin�,tha sums secured by _:
<br /> T this Secut3ty Instrument shall be reduced by the amouut of tbo praeeds muttiplied by the following fractian: (a) the total =;
<br /> amount of the sums secured immediatel before the taking,divided by (b)tho fair market value of the Property immediately or
<br /> Y �::
<br /> � before the taking. My balance shall be paid to Botrower. In the eveat of a purtial takfng of the Froperry in whtch the fair _
<br /> �' tnarket value of the Pcnperty imme�lntely before the teking is less then the amowat of tho sums secured Immediately before the
<br /> !; • tekiag,upless Aorrower and E�nder otherwise agree in wricing or unless applicable law otherwise provides,the proceeds shall -
<br /> .,�{ be upplied to the sums secured by this Securlty Instrument whether or not tbe sums are then due.
<br /> If tlte Progerty iR ab�ndoneA hy 8arrawer,or if.after notice by Lender to Borrower that the coademnor offers to taake an
<br /> award or settle a clauu fu. dumag�'. Borro•�er fails to respond co Leader within 30 days after We dato the nottce is �iven, �;,
<br /> -��'t�,, L.e�der is authorixed to c411ect and apply the proceeds.at 1ta aPtion, eilher to restoration or repair of the Property ar to the sum9 _
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<br /> 1 ':��i��-;':'�` secured by tfiia Security Inatrument,whethor or aot then due. ��_
<br /> ,'.�';::,:'',,:��F;=y,s,�' lication of proceeds to principai ahaii not extend an.r
<br /> ;h1j;,.;;;<<,,;�,��..c,�� Unleas Gander and Borrower otherwise agree in writing, any aPp
<br /> �'�'?;1����;�••,� poatpoae the due date af the monthly payments referrec�ta in paragYaphs 1 and 2 or chAnge the amount of such paymoAts. ;;;
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<br /> z,_,,, ,�. • • 11.Bore+u�ver Not�etcafied;Forbearance By 1Rnder Not a Waiver. Extenaion of the time for payment ar modificadon ',
<br /> . �
<br /> of amortization of the sutns secuhd by this&ecurlry Insuument granted by Lender to any succeasor iu interest of Borrower shall �-
<br /> ;F�'.�.,,;��';,'�; , not operate to ralease the liability of the odg1na119orrower or Borrower•s successoxs in lnterest. Ixnder shell not ise required to _,
<br /> -;��,�, ,;,sj+7tti{��.� coraraence procee�iinga ugainst any successor in interest or refuse co extend time for payaaent or otbeiwise modify amortizutton
<br />-;,'<-i': ��';�.;�tb�y'�,, � of the aums secured by this Securtty Instrument by reasop of any deraaad mnde by the or�ginal Boreower or Borrower's �;.
<br /> : ,,U�ni,
<br /> gL�r�rssc�rx in{nterest. Any forbearance by Ixnder in exec+c{sing eny dght or remedy ahall not be a waiver of or precludo the ;;`
<br /> ' ���``,'�' exerclse of any rlght or reinedy.
<br /> . ���.
<br /> -- 12. Successore amd Assigins Boundi Jotut and Seventl Li9611ity;Co-s�Sezre•'fhe covenants and agc�eemonta of this _
<br />-,yf:.�:•,, •�,;rs • Sec�ulty Inatawnent shall bfnd aad benofit the auccess�rs and essi8na of Lender snd Horrower. subjoct to thu provisione of
<br /> _�r�,�t�� Paragraph 17. Bonowar's covenants and agreementa sha11 be Joint nrad s�ver�l. Any Bomr,wer who co-signo thle Secur[ty _
<br /> �9°;�:;�„�;s:,� Iasaument hut does rwt execute the Note: (a)is co•siBNng thia Secudty Insuument only to mortguge� grent and convey thut
<br /> ;�-��+.'�+.. 8orrocver's inserent in the Propetty under the terms of this Socudty Instmmenr(b)Is not por�flnally obHgated to pay tho euins
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<br /> .� ;:� '�f secured by this 5tcudty Ipatrumcnt;artd(c)ngrees that Leader and Any other Borrower mny agrev to oxtend,modlfy�fotbeut or
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<br /> r;;�.:�_"`�.. make any uocommodations wtth�e8nr6 to the terms nf thia Securlty Instrument or tho Note wtthout that Borrower s consent.
<br />-�-�=•?-�---;� 13.LoAn ChAeptes.!f the lonn secured by tMa Security Inenument is sub)ect to�law whtch sets maxtmum laun charges.
<br />'="�::1�� and that law ia finaily lnterpreted so thac the intemst or othes loari churges collected or to be collecud in connoctton wi�h the
<br /> � `=='��'=�•r� loaa exceed the nermitted limita,then: (a)tmy suc�loan charge shaii b�reduced by the azuouat nooesaa�+to raincA the charge -
<br />-::�.r�r��� to the pemiitted[iruttc aad(b)any sumrs aiready wltected from Borro�ver whtch execeded pennitted iimits wiit be ret�ndat to
<br />•�.a_�-:�=;-L�� Borrower. l�endor may choose to make this reit�nd by reducing tho principol o�ved uador tho Nate or by nutkina a direct
<br /> - ;•:„r.„�;.�� payment w Borrower. If a reflucd reduces principal. the reducdan wW bo tc+eated as a partial Prepuymant wtthout any `
<br /> �`-- -----"-- prepayment cbarge under the Note.
<br /> i�`�'„. � 14.Nott�.es.Any notite to Borrower provided for in thia Secwlty Inauument shall be given by delivering it or by mailing -
<br />��jg. '� it b tirst cleas mail unless A�plicable law requte+e�us�of another methed.'d'he nodce ehall be directed to the Property Address _
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<br /> ,,��,� '1• or any oiher addresa [ionower desigaazes by notice to Lender. Any notice to Lender shall 6e gtv�n by first class mail to
<br /> =�`-�1� LEnder's eddress stated here[n or aay other uddress Lender desigaatGV by nodce to Bomower. My aoticc provIded for in thfa
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<br /> --- -- Secudry Insuvment shall 0e deemed to have been glven to Bormwer ot Lender whan givea as provided ia thls paragcaph.
<br /> z...�_�+�s�'�ea IS.Goveantng I.a�v; 9everabittty. Thia Securih� Iuatrument s6a11 bE governed by federal law aad tho law ot tho _
<br />_=--��u...,�;��� jurisdicttou Iu wblch t�e Property ia located.ta t6s evene�h.0 aa�proviaivu or eiause oi thfs Scc+snry insnumenc or che Ncsie =
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<br />-.�:;:�f�;i,��,,���'r�. . coafltcta wlth applicable law.such confltct stwll not affect other provlsions of tLie SerurIty Instniment or the Note which caa bo _-
<br />=��'-:-,tr�;'r�.=; given effect without We confliotiag provision.To thia end the proviaions of this Securtty Inamunent and the Note are dtxlac�ed _
<br /> =t;�•�=;'��;�-� � to bo severable. � of tho No�s and of tWs Security Instmment.
<br />- - : �; 16.Borma�r s Copy.Borrower ahnll Mr�iven one confotmed oopy _-
<br /> _ �: Fonn soas elso _
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