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<br /> � paym�ntn n�ny no lan�cr bs.rcqutrc�i.nt thc option of l.cndcr.if moriQt►gc inRUruncs covcragc(in thc an�ount u►d for thc perial °
<br /> �--- ---- thnt Lcn3cr �:u�i1:�s) Nius�dc� �y�-►insurr�sravr.�hy I.ntd:.r aIIaln tsrr��mea:�va!!sb!e uss�!!s obsalacd. 9orsower uhnll �+ay __
<br /> ' the premlums requimd to rnaintNn monQaBe insurnnce In effect.or to provtAc o t�ag reservo,until the rcyuirement fot monaaae �-n`
<br /> " � . insuraace end�in accordoace�vith any�vNtten ngresment bttween Borroiver and Lender or npplicnblc la�v. ��
<br /> •� 9. ORS�L�lIti11.Lcnder or itn agent may mnks reasonuble ontries upon tutd insprctiana of the Praperty.L�:nder eh�l givc
<br /> Bonotivet natir�at the time of ar pdur to un inspeation srrccifying reasnnable cause far thc lnsprction. ..
<br /> !0. Candcn�nstQon. The procceds of nny uwurd or elnim for dnmuges, dlrcet ar con�eyuentinl, in canncceion with eu�y :'-�{A•
<br /> r condemnutiuu or uthec ial:ing of asry part u!thc Praptt�ty.or for canveyance in lieu of candemnndon, nre herehy nssigned and
<br /> � shull be paid to I.ender. ���
<br /> " In the event�af a to�ai taklag af the Property,the praceeds shnU be nppHed tn the sums secured by this Securlty Enatrument. " ;,j_=
<br /> ��:�'•.,::�, �vhether or not then due, with any excess paid to Borrower. In the event of u partial wkis�B of the Property in which th�tafr ,�;_�
<br /> �� market value of the Property immediately before the tracing ia equN to or greater t6nn the araount af the sums secured by thia =
<br /> Securiry Instnunent imme�ately�efore th$taking.unless Barrower and I.ender othenvise agree in wdting. the sums sccun�d by =
<br /> �is Secw�lty Instyvment shall be reduced by the sunflant af the proaeeds multiplted by the followiag fraulon: (a)the totul _
<br /> emount of the sume seared immediately beforc the tu{cing.divtded by(b)ttie fnir c�.arket value of the�ropesty imn�zdintely
<br /> . before the teking. Any balaaoe shall be patd to Botrower. In the event af a partiat taking of the Property ta which the fi�r
<br /> ; macicet vnlue ot th�Propert�r immediutely before ttee taking la less thss►n the aneount of tite awws secured immcdiatety before the �`�
<br /> ' . taking,unles5 Borrotver aad Lertder ocherwise�ree in wrtting or unless applicable law othenvise provides,the pro�eeds shall �,,
<br /> � ,. ;� be npp!!ed to the sums cxured by ihis Seaurlty Iust�nt whether ar rtot the sums an then due. �
<br /> . " U the Property is abandon�ed by Bormwet.ar if.aRer aotice by Lender to Bortmwer tdat the condemnor offers to auske nn
<br /> �� �� award ar s�itle o claim for damages. Borrower faila to�spond w I�ader witbia 30 days after�hc datc thc antice ia given. �---
<br /> ,�� �_ L,ender Ie authvrized to aollect aad upply the pmceeds,at its option.e;ther to restoratIon or npair of the Praperty ar to the swns
<br /> secured by thts Socureey Instcuaaent.whether or aat then due. _
<br /> . UNess Lsudcr and Bomower otheiwise agnee in wrtcing. enY zPPlicztion of pmc�erla to principal adall aot extead or =-
<br /> :, ;, � pastpoae the due dzte at the mamhly payments sefemed to ia paragrapbs 1 and 2 ar¢hnnge the amouat of such payments.
<br /> �:�;_• 11.Bo�+owier Not Released;Fo�By Lender Not a Wu[ver.Factension of the time for paymeat or modificadon
<br /> � f . uf ataottlzation of 1he suuss secured by this Securtry Instnu�t granied bY ILeader to any successor in interest of Barrower shall
<br /> - au opereze to rele�e the liabiltry of the origina!Borrower or Bumawer'a sucr.essors in interest.Leeder aluill aot be cequired to
<br />_ •• ��ee p�s against am�uccessor in enterest or refuse to eatend ame for paym�ent or othe�vir,e modify amortjzatioa
<br /> _ .; .1 of the sums secuied by this Securlry Insmimest by reason of any demaud made by �e odgiaal Bormaer nr Borwwes's
<br /> _ . sU�ss�rs in interest. Any forbearanoe by Lender in e�ce�sisi�g any dght or remedy shail not be a waiver of or prectude the
<br /> n �� , ,.;�:: , exer�cise of any ri�c or�y. -
<br /> 01
<br /> -�,�.,,,,: 12. Suoce��s and AsSisns Bo�d; �oint and§evem7 UabSlity: Co-sfgneis. The caves�ats and agrcernenis nf this
<br /> %�,.3,�,,, .,,.' � 5ecudty Inssrumemt �twU bind and benefit the successois sud assigns of Lender ond Borrower. subject to the pmvislons of
<br /> w;;�,;�"�^ P�S�Ph 17. Bom►wcr's wvena�ats asd agce�rn�tts shall be joint end severai. Any Borrower who easigns thia Ssc�rity
<br />�fi,�:i�3j�::y Insccaarnent but does aot exa�ate 4t��Note: (a)is ao-signing¢t�is Securtty Iastrument only to mortga,�e,�cant and�unery that
<br />�my����. Boimwer's�nuress in the Property umdEr�he terms of this�ou�ity Insueiment:(b)i�not pe�sonalty o6ligated to pay the st�ma
<br /> Jx.��„�r:i>;a,
<br /> �<_ ., .� - secured by thia Securlry insuum�nt:and(c)a8rees that Lender�nd any other Bormwer may agree to e�tead.m . o or
<br />=�'�.:�.''" malcc�ny accomiaodadons aIth regard to tlie terms of thia Security Insmun�t or the Note wtthout tl�t E�inower's csonseat. —
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<br /> 13.Los�Chu�ea. If the loan socured by thls Securiry Iamuinent is subject to a law whicb sess cna�lmum loan charges.
<br />�";;::;. ,s',� anA�btat law is finally iateYpcetod so that the intemst or other loan charges coAected or w be oollecaed iu oonna�,i�en wlth the
<br />_�-�-��_'�:;�_".� loa�r..sumd tbe pecmivad limits�t�.en: (a)rinY such loan char,ge shall be reduced by�E amount necessazy to redac�the charge
<br /> __M.�..v.,�. to the perudt¢ad limit;and(b)any sums already oollocted fmra Bonnwer whlch exceeded permiued ltmits wtU be refunded w
<br /> �=�K-y '-"==� Bor[ower. Lendes tn�y el�oose to ma1.e thie xe�ud by e�edncing tho principal otved undsr the Nase ar 6y malcing a dIreci
<br />-`-��G:...',��'� payment w Burrat�:et. If a refi�ad reduoes principal. the reduction will 'be tceated as a P� F�P�nt wtthout a�►
<br /> �=;����� pze,�a,��neat c.�arge�ender the ATar�. _
<br /> �'y;��?�__:. 14.Natices.My notice eo Barrower providcd[or in tEtis 3ecurtry Iastument shatl be�tven by delivering it or by mailing _--.
<br /> �_.���r, ��_.:j�, —
<br />�..�.�.,:• it by ficst clgss mail unless appltcable Iaw�equims use of another metlaod.The notio�e sha11 be diie�ct�ed to the Property Ad�ess
<br />-�-�;�_,.�' ar any other "^Pas Bostaw�r d�sigaaus by not�oe to L�er. Any noiico to Lender shell be given by firet class m�ll m _..__
<br />�:Y."-.r_ _s:�.,. Lcnder's addresa etated t�erein or any other adMeas Lender designutes by�otioe to Bormwer. Any �otice pmvide�for in ttus '
<br /> —'-'�-=_=-=�� Security[nsuume�t shsll be deemed to 6ave been givra to�3unrowes or Lender when given as pmvidcd!n this par�raph. _—
<br /> -��"�� SS.Govemiag Ia�v; ScvaabSlity. 'I�is Secudry l�xt�umeut shs;U be gove�etl �y federal �aw and th� •1aw of the
<br /> �?�'"""� judsdiction ia wei�the Ptupetty is located. In the event thas aay pmvision or cla�ue o1 shis Secus�ary iasnuamm �r�ths Kote =
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<br /> =--`.::�+-..._"�. canflias r�ith a�lic�ble ia:�,�:+�.^ns��ct;,h:31 aa:asier.�ersi:•.S}tStJL•�SI'�333 iTF{�SLY S...X' .'itiI�)f TStS�tlLt�iti tiJi iY�e f��:�Llc3t e��;. . -_
<br />_��"��s<��"_"''" �ivea effect wit��:u�the coMicting prnvision.To this end the provisie:s e��shis Se�udty Instmnfca2 and the Note a�e d�lared _--
<br /> '��,�.:: to be s�verable. -
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<br /> �"''�-�� ��, 46.Ba�rowe�'s Copy.Bom�wer sha11 be given one oonformed oopy of the Note��ot thi8 Sacurlty Instn�ment. _
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