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<br /> -� ^ ' nt the upti�n n4 I.ender, if mortga�e inRUrnnce cavernge (in the amount und tot the period thut Ixnder reyuires) R
<br /> �• pravtded by an insurer approved by r.ender ogain becames nvuilnble ond is obtained.Borro�ver ehall puy the premium�
<br /> -- . required ta mnintuin mortgago inRUranca in effect,ar to ptovide a la�.g cer,c�rve, until the requiroment Por mortgoga °'•
<br /> ° • " insorance endg in uccardunce with any w�iteen ng�evmeat hetween Ba�rrawer nnd I..ender or npplicuble ln�v. ��;
<br /> ` " 9. InApectiun.l.ender or it9 a��nt mmy mako rea5�nnble entriea upan and inspections oi the Propzrty.l.c�nder ahnll �1
<br /> � ,, give Aorrower notice ot the time at�r priar t�un inspectian specitying reasonoble cause for tha inspeotion. ;.�;:,
<br /> • 10. Condernaatiou.Tha praceeds of any nward or clnim for domuges,direet ac consea�uontie�.in connection�vith .,�
<br /> any condemnution or other talris�g uP uny part ut thu I'�u�:rty,or 4ac comeyance in lieu nQ coredemnoti�n,ar�hereby �._...
<br /> arsfgned and ahull be paid to l.endet. ��
<br /> :._::;;;' � In the event of u tatul taki�g of the Propeny� the pro�eeds ehnll be appliad ta the aurnR�ecured by thia Security ��
<br /> "�,��{...,* ; Instrument,whether or not than due.tvith pny axces9 paid to Horrocvet.in the evant ot a parxtal wkin�ot tha Property in �_;,_��
<br /> ahich th�e iair mnrkat vnluo ot the Property immedintely before tha taking ia equal to or grenter thnn the c►mount af tha -�___
<br /> sums�secund by thiR Security Instrument�mmediately befote the takin�,unle�s Barrower and l.ender otharwise agta� �•..
<br /> in writin�,tho auma secured by this Sccurity I�atrument ahall be teduced by the amount of the proceeds multiplied by �I"
<br /> ; �,,.
<br /> �� thw fqllowing frcict lon:(a) t he totn l amoun t o f t he Rums s e c u re d I m m e d i a t e t y b e Y o r e t h a t n Y c i n g.drvided b y{b)tho fair
<br /> ma�ket vnlue oi tho Property immediatety before tha tnisinII.My bulence shall be paid to Borrower.In tha event ot a
<br /> •� � partinl tukin�04 the Protserty in �vhich the tair mnrket value of the Proparty immedtately betore the taking is lesg than
<br /> the amaunt oi tha sum�secured im rnadiataly betare the u►kin�,unlass Btirroaer and Lendeys otherwlse agteo in writing _
<br /> . ' ' or unles9 applicable low otherwise prsavddas, tha praceeds shntl tse applied to the auma secured by this Security �
<br /> � inatrument�vhether or not thasume orv t�,�sn due,
<br /> �. � • lf the Property ie obtandonsd by E�etrro�ver.or if,aYte�'nottce Uy Lender ta 1Rorrower t�at tha condemnor ofPers to
<br /> ' � •"� , . make an nwnrd nr settle a Qlainn i�r damages, Borrncvec fails to nesgond to Lender withi n 30 dnys afte.K the dete tha ___
<br /> -. '�, ` notice is givtm,L.�oder is author�zed tu coliect and epply tha prace�d.s.at ita optton,either ta restoration ar repatr of the
<br /> ' Property or to tZ»sums se�ured by this S�xcurtty Inntrument,whethar or not then due.
<br /> Unless L�nder and Borrower othernisa agres in ariting,uny application o!praceeds ta principal shull nat ext�md Qr
<br /> �� � pastpone the dua date of tho monthly paymenta retert�ed to in paragraphe 1 und 2 or change the amo�nt of suc4a
<br /> . "t�� ,. payments. —
<br /> i l. Borrower Not Fieleesed; Forhoarsnce By l.ender Nat a Wdver. Bxtenslon ot the ttme for pz+yment or
<br /> �., ;:;� modtt�catton o4 amortizatton oi the sums secured by thia Secucity Iostrument grnnteE by Lender to any auccessar in
<br /> ° interest of Bore�onrer shell not opernte to telease tha Itabiltty ot th�otiginal Borrower ar Borcower's successore in
<br /> � ' interest.ixnder shall not bo requi�l to commence prooeedin�s agf►inat nny suc:cess�r in interest or refuse to extcnd
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<br /> ,.,. ���•
<br /> time for payment or otharwies modify emottization of the sums secured by thia Securtry Instrument by t+�ason af any
<br /> ::. • _:. _ demund made by the originn) Hon�o�ver or Bormwer's successors in interest.A,my iorbearsnce by Lender in exercieing
<br /> "'�� any rigIh�t or tem�edy shell notbe a�vaivec of or preciud�the eserciss vf uny rign<<ri ramr�Y-
<br /> y.•�p��, ,. „• �L.Succe�ors and Aesigas Bo�und;7oint and SeveraL i.dc�l�ility;Casignass.Tl�e auvenants and agreemen�s
<br /> � �n� � oi this Security lnstrument shall bind and be3nefit tha successors a�d assi�na of Lerider and Bocrower.subject to¢h�
<br /> ,�.',�',7•�,i,•Y�
<br /> .��,���,.,y provisions ot pareg�aph 1'7.Bortower a covenants and agceements shall he joint and several.Any Borrower who co signs
<br /> 'r`� � ctiQa Seaurity Insuument but does not executs the Note:(a) is co'signing this SecurIty Instrument only to mortgaga�
<br />_; ,�i. �.�,;�;�_
<br />..=� -�4 ga�at and convey that Barrowar s interest i� the Pmperty under the terme oi this Sec�rity Instrument; (b is not
<br /> ���`+:.
<br /> �;,`��, �,�, persono�(y �.�pij;ated to p3y the sume secured by this Secudty Lc1s'trument;end (a) agre�s that I.ender end any otb:aa
<br /> ��::�`,- "'�� Borrower magr•��re w extend. madify,forb�r or mnke eny accommodatione with regacd to tho terma of thie Security
<br />---� "r� Instrument or tfia Note without thnt Hotro►ver's sonsent.
<br /> `:=',,ri.::;�. 13. I.oan Chorges. i�the loan secured by this Security Instrument is subject to a law whioh seta mauimum loan
<br /> =����.:'_i, ._ charges. und that law ie finnlly interpreted so that the interest or other loan charges collected or to ba collected in
<br />-----°`:���, coruiection with the loan exceed the permitted limits.then: (a)uny such loan cherge ehail be reduced by the amount
<br /> --- �"—"'9 necessary to reduce the cher�e to the permttted limit; and (b) any sums o{ready wllected from Borrower whieh
<br />.....��.7r�:��er�sr:��:::1
<br />;_,E-;...;��;���; axceeded p�rmitted limits aill be refunded to Bonower. Lendor may choose to make thie refund by reducm�t c
<br />_„-t.3 ;.,�; principat owed under the Note ar by making a dtrect payment to Borrower.It a refund reduces principal,tha reduatlon
<br /> :��,;t.ti;�u�r a1;11 be treated as e parttal prepaynient without uny prepayment cherge under the Note.
<br /> -i%;j�.r:� , , l4.Nottecsa.Any notice to Borrower provided for in this Seeudty Inatruntent shall be given by deliverIng it or by
<br /> -�T:��r,.,;�.;_ r��;t�.� • mailing it by iltst alnss mail unlesq ap�rl'scuble law requires usa oi another method.The i:otice shall be direated tu the
<br /> i�;�� `� Property Addra;ss or any other address�ttower designutes by no2ice to Lender.Any noti�e to Lender shull be givcsn by
<br /> ----�'- flrst class mail w 1.ender's addr�s stated herein or any other address Lende�' desl8netes by notica to Borrower. Any
<br /> w.°,���,, notice ptinvtded tor in thn�Sccurity Instrument ehatl bo deemed to hnva been given to Bosrower or Lender Nhen givan
<br />-;�t;%�� tte provided in thie patagy�a,ph.
<br /> Y_���:�:� 1S.Gover�ing Latv;Saverability.This Security Insttument ehail be govorned by falerni lua and the taw ot the
<br /> _��^�; �,r,, juMSdictivn in wn�eh the i'rapcny i�tucat�t.In tha crent thst�.ny ptoviEtion n�r.�auce ot 2�nSs 5eeucitV Insttument oc the `
<br /> ��,,; �� '";; Note conflicts aith applicable isa.such conilict shell not utfect other provisions of this SeEUrity Inatrumeut or tho Note
<br /> ; �� � whieh can be given effect without the conflicting provision.To this end the provieiona of this Security Instrument nnd
<br /> _,����.,',' � _
<br /> ;, ,.y�� ,-� . " th�Note nre declared to�e severnble.
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