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<br /> • , ot the opdon of I.ender, if mortga�;e{naurance coveroge (tn the amount and Yar the period thas I.ender requir�s)
<br /> ' prnvided by an insurer approved by L.ender a�ain become.v available and is abuined.Aarrower shall pny the premiuma
<br /> requited ta meintain mortgnge insu�ance in etiect,or ta provida a loss teserve.until thd requirement for m�rtga�o _
<br /> insurunce enda In accardance with any�vriften a�reemant between Borro�ver and[.ender or applicable law.
<br /> ,. 9. Inspection.Lender or ite egent m�y muke reasoneblo entries upoa and inspections at the Property. Lander ehaU _
<br /> givo�orro�ver nottce at tha time ot or prior to an inspection epecifyin�reasonable cause tor the inspectton. -,
<br /> 10. CoAdemnatton.The proceeda of eny eward or claim for damages, direct o�consequential,in connection with
<br /> � • . any candemnation or other taking of eny part of tho Propatty,or Por conveyance in lteu ot condemnetton,ere hereby
<br /> • � nssibmecl anJ eheil be paid to Lcndcr.
<br /> " °�,! In the event of a total taking oi'the Praperty.the proceede shall be applied to tha sums secured by this Security
<br /> ��::;��, Instrument,whetlier ar not then due. �vith any excess paid to Borrower.In tbe ever�t of a partial taking of the Property tn
<br /> '`j"� 4� which the fair market value of the Property irnmediately before the tnking is equal to or greater than the urnour�t of the _
<br /> .,..,.;.u�f
<br /> � sums secured by this Security Inatrument immediately bafare the taking,unless Borrower and Lender atherwise a�ree
<br /> in writing,the sums secured by thfa Security Instrument shall be ceduced by the amaunt ot the proceede multtplied by
<br /> ;�:�ti; the following iraction:(a) tho total amount of the sums secured immediately before the enfcin�,divided by(b) the fair F.`
<br /> • :,�:,1 market vnluo of the Propc�rty immediately before the taktn�.Any balance ehell t�e paid ta Borrower. In tho avent n4 a �__
<br /> �.,.�,;,, partial taking oP the Prop�rty In which the fair market vnlue of the Property immediately before the tF►king ie less than E,__
<br /> �{��� the amount oi the aums secured immediately befote the taktn�,unl�s Borrowor and E.enr�$r othenvise agreo in writing
<br /> µ,r. ar unless applicable law otherwise provides, the proceede ahall ba applied to the sums seoured hy this Secua�ity i
<br /> �� 5.+�:�x '
<br /> '�•�'� Instrument whether ar not the sume are then due. �:?`
<br /> ,•. ��_-
<br /> .. �C If the Pruperty is abandoned by Borcower,or if.after notice by Lendar m Honowar that the cnndemnor o ers to
<br /> � ..�. make an award or settle a ciaim for demages,Borrower fetls to respond t�Lender atthin 30 days atter the date the y;;;;;.;
<br /> . . � nnttce ia given,l..ender ta authorized m coilect and apply tha proceed�,at�te optfon,eitl�er to restoration ar mpair of the ��.
<br /> :;�:::.:
<br /> ,. ;, , Property or ta tha auma secured by thia Security Instrument,whather or not thcn due.
<br /> �� �;��� Unless Lender and Borrower otherwisa agree�n writtng,any applicatton d proce�ds tu principal ahall not extend or
<br /> � �y� postpona the due data of tha monthly paymente reYotred to in paragraphs 1 and 2 or chan�e the emount of auch "
<br /> ; ' paYments. _
<br /> 11. Borrowar Not Rolar�sed; Forbwrance Hy Lender Not u Waiver. Extenaion of the time tor payment or =_
<br /> ' �� ' modiiicatton of amortlzatlon o4 the euma secured by this Security Instrument granted by I.ender to any auccessor in =
<br /> � interest of Borrower shall not operate to r�le�ase tha liabiltty of the ariginel Hoccower or Borrower's auxe..aors in -
<br /> �' '� interest.Lander shall not be requtred to commenca proceedi:�s a�ainst an�successor in interest or refuse to e�ct�nd
<br /> ,� 1•: time for payment or otherwise modi{y amortlzation oi tha euma secured by this Se�urity Instrument by reason ot uny __
<br /> • ;� demand made by the original Borracver or Horrower's successora in interest.My forbearance by Lender in axercl�ing ;g���.
<br /> 'r'�' ''' � any right or remedy aha11 not bs n aaiver ot or proclude thd axerclse of any right or remedy. w��
<br />-°=�.'";';�; 12,Succossors sad Assfgas�ouad;3oiat and Savorai Liaiiiliiy;�a-s�$n�;s,Thc cavcsiaa�a�3 agr:�m$stL:
<br /> �+;::�;;, ,�s,`rt7i of thie Securlty Instrumsnt shall b�Td nnd benelit the succr.ssora and essigns of I.endar and Borrower,subject to tha
<br /> `.;.,•�'nr�u__ provisions c�t paragraph 17.Horrower a cnvenanta and egreementca ehall be joint and severat.Any Borroaer who co'si�ns
<br /> =-�-�� this Secudty Instrument but does not executs the Note: (a) is co-signing thie Seauriry 1�strument only to moRgaga, ,,,
<br />_•-<�=�� grant and convey that Borrower's interest in the Property under tha terms o4 thts Security Instrumant;(b)is not ;E�';`
<br /> ':°'� pemonally obligated to pay tha aume secured by thio Security Instrument;and (a) sgrees that Lender and any otl�er '��`_
<br /> '����� H�rrotver rutay agree to oxtend.modity,forbear or make any accommodationscvith regerd to the terms of thi�Secu�ity • •-�-
<br /> N�:;s1� Instrumene or th�Nots without thet Borcorver's consent. �• �
<br /> ;K�t�:�'°'_",P� 1�. Loan Chargea. It the loan secured by thie Security Inatrument Ie subject to a la�v which ceta maximum�oan ,
<br />'�-'=�r'::-�� charges,and thnt law is finally interpretrd so that tha�nterest or other lman chnrgea colleated or ta be colleoted in • -:.
<br />-':ws,f. �;�.,_
<br /> �,��� co�►necdun with the loa� exceed the permitted limits,then: (o) ony suah lo�n chacge ehell ba teduc�ct by the umount ..
<br /> " n e c e s.s u r y to re3uce tha char ge to the p ermitted limit; und (b) any sums olready oollected irom Borrower Nhich ;�;,:.
<br /> —""������d axceeded permitted limita wilt bo relunded to Borrower. I.onder may choose to mnke thie refund by raducing the � ' �
<br />- ""�`'`''�`�` �srincipal owed un�ler tha Note or by maklRg a direct payment to Borrower. Ita refund reduces principal. tha reduetton
<br /> '°'?A�"'��` will ba treatedas a partie!prepaymentaithouteny prepaymentchorge under tha Notes. _
<br /> _ - 14.Noticas.Any notIce to Borrower provtded 4or in this Seaurity Instrument ahal!be�Iven by delivering it or by =
<br /> -�Y:�,���i muiling tt by 4irst cless mail unless appltcable law requires usa of onothcr rnethod.The nottr.a shnll bo cairect�d ta tha --
<br />"''-�-�"" P�oparty Address or any other addre�s Bortower deslgnates by notIce ta Lender. Any notice to L.ender ahall ba �iven,by
<br /> _�s..�.
<br /> - �'�``��� ticst class mail to Lender's uddtess stated herein or any other addt+ess I,endec designates by nottce to Borrocver. .1riy _._
<br />,: --
<br /> _�.�:
<br /> �-�-- notics provided tnr tn thie Security Inatrument shall bs dcemed to huve been given to Borrower or Lender when given
<br /> ----==-��'� ns provtded in thie paragraph.
<br /> _pm���; 1 S.Oovarning Lew;Severability.Th{a Security Insuumentehnli Ue govemed by federal law end tha law of the
<br /> „II�v_,��; jurisdic:tian tn which the ProperK�ia located. In tha event thnt aay provtsion or Clause ot thia Security Instrumentor the
<br /> ���r A,�� i�:utC cun�Eis:ta c;ritle n��SiLnlile 2stv.�tt+;i��onflict s�i&1!nat�fi�nthc.�}�mei:icm.:cst tkisSecur�ty In.^trusnezator the A?nte
<br /> _---:�Y�� ahich can be given effect without theconfllcting provieion.To this end th0 provisions ai tt►ls 3ecurity histrupnent and
<br /> -F���::�� - the Note ard declared to be severable.
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