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<br /> -_ �:�'= __ -_ �:.:� 93=1o�2c9
<br /> p�ymenli mry no lan�er be rc,quirod.�t Ihe aption ot l,eader. if maAga�e in�urAnoc covera�e lin Ihe amoum And far the perlod
<br /> th�t I,�der �equircal Pnm'kled by�n insun��pp�ovd by Leoder ag�in bocomeY rvailoble and iw oUwined. Borrowcr cball p�Y
<br /> the promium�requirod tn mdnWn monQage iownnoe in efioct,ar�o providc a lou rcserve.untll the roquimmeat for a�o�e
<br /> ---—- - — �llil!lMICO M�M�R!!L�1��lMQ WIlM�I Wt'IKM AjRlfl!@M fklMrl�Lq1 BI►ttUlwQf Nild L!'11�L7 Or�IIIJAMIO(NW.
<br /> !.I�ydfo�. Lender ar i1�a�an may make rcason�ble eradc�upon and iaepectiona oP the Aropc�ty.Leade�ihdl ave
<br /> 6orrower m�ice at tho tlme of ar prlor�o an inspe�Yion cpocifyin�n�wnoble cwse for Iha incpoctiun.
<br /> 10.CoMdeiueNb�.77te proceal�of�u►y award or claim for datnAges.dircct or oonsequentiel, �n cannoctian with �ny
<br /> = ce�dn�ioR ar ahir tslcing of ony raM�f th�Pn�+ohy.or fa�oonvayw�oc in lieu of oondcmi�tian.w�e hp�eb9�nod�nd
<br /> -- ---- - sh�ll be p�W le Lender.
<br /> In the evrnt oP A total talciag of the Property.tha pnoceed�shall be applied to the sums securcd by thie�Socurity[ostn�ment.
<br /> _- whcther or not then duc.witti�ny eaoess paid ta 8orrower. In tlx event of a pnrtiai laking af tl�c Praperty in which the fair
<br /> morkM volua of the Prc�peny iaunaliately before�he takiag ix equol to ar grcatcr�hon the anwuw of�6e sume seeured by lhis
<br /> _ Socurity Instmment immodfately beforc the taJciog.unless Borrower and l.ender uthonvise agree in writin�.t6e xuats securod b�r
<br /> thi� Security I�sttument slwll be reduioorl by the ao�ount uf �he procexds muUiplied by the fdbwing fra�hion: (a►�M ta�a(I
<br /> _ _ aaxwnt oP Ihe sume seeurad immediately befa�e the tnking, dividod b�r Ibl lhe fair m�ket v�lue of the Pt+c�erly immodi�tely
<br /> before the lalcing. My b�l�nce shall be paid ta Bamawer. In ihe event oi'�particwY lukiog of the Property in which the fair
<br /> m�rkd value of the Property iau�odiately befarc thc taking is less�b�n�he amoum ot'�he sums securod immodiatcly before t6e
<br /> taking. unkss Borruwer wid Lxnder dherwise agrce in writing or anlexs applicable law aherwice pmvide�.thc prooee0s sIwYO
<br />=__ '�� 6e applied w tbe sums sawed by this Securiry Irtsuument whe�Aer or rcu�the sums are�hen due.
<br /> If the Propetty is�by B�x�uvirer,or if,after noiice by L.ender to Bomower liwt 1he condemnor affers to make un
<br /> awa�d or sdtle a cl�im far damages. Bo�rau•e� f�ilti w n.�a�d to l.ender within 30 days afler the date tf�c no�ioe is given.
<br /> --- - °- °---°�— Ixnder is au�lw�ized w collect ond eppl�thr proceads.ut iu optioi+.c�to rcrtoration ot repair of the Propeety or w the sums
<br /> =- - - _ sxurai by iiii�Suw�ity I�►�t•mi��it.xb.tt�w:ar aat tlsc:s duc.
<br /> _ -`'��:: Unkss Lender and Borrower otherwise agroe in writiag. any application of pr0000ds to priocipal slwll not extead ar
<br /> - — . - a��,;�
<br /> po�tpone Ihe due date af the monthly payments refemed ta in paragraphs I and 2 or change the am�MUnt of such payments.
<br />���:�{;�:- I1.Bomnwer Nat Rd�ased;Forbenrwrce By I.ender Not a Woiver.Eatension of the dme for p�yment or modificatbn �
<br /> ���;',' af amon'vatian of the sum..�urod by this Security Instmmeru granted by l.ender�o any successor in interest of Borrower sl�ll
<br /> 4� not operate[u rclease the lia�bility of the original Borrower ar Bornuw�cr's successors in interest. I.ender slwll not be r+equi�eci to
<br />�:,�� �����
<br /> -t � vommence praceedings agaiast any successor in intercu or refuse ta ex�end time for p�yment or othenvise modify amoniz�ulon
<br /> � � I of tiic sums �ecured by this Security Instrument by rcason of any �emand made by the uriginal Borrower or Borrower's
<br /> � auccessors in interest. Any ti�rbearanoe by Lender in exe�cising any right or remedy slwll not be a waiver oi or prech�de the
<br /> -- -----� exe�+cise of any right or remody.
<br /> -- v,�� f,u !2. Sucrrt�s am!� Ba�a�;!olst�a! �^s�s! LtaMlity: Ca-s�ee:s. The rave�ants and agr�nts c•!'el!is
<br /> ' ;�, Savrity Instuiwnent xlwll bind and benclit �e successors ond assigns of Lxnder w�d BorroK•er, subject to the provisiony���
<br />``�;��` -, ''' paragraph 17. Butrower's cavenanta w�d agreements shdl be joim utd severul. Any Bomower who casigns this Secu�it.�
<br /> Instrument but does not execae the Note: (a) is co-signina this Savrity Instrument only to mortgage.grant and convey thet
<br />�c�``�j'a�;�;3!_ Borrower's init�rest in the Prar�eerty under the terms of this Security InstrumeM; 4b►is not pensarwlly obligated lo pay thB sums _
<br />-- - '�'•� - stxured by this�curny intitrument:und�co uu�rc��Lac I.ei�ie�w�J:uiy .�slt:r f3orroL�ir tts�}'�gTet ta exttttd.tno�!lfy. f�rhr.Ar'oi
<br />_,'�' •- ��fi make any ac:n:rrr,udations with regard tc��h;�erms of thiti Secu�ity h.����ument or the Nntr wit4���ue that Borrower's rnnsent. _
<br /> ,
<br /> 7 13.I.oan Ch�rges.lf the loan secutext by this Securily Instrument is subject to a law which sets mtucimum laan charges,
<br />. � wd that Inw is fnnlly incerprcted so thAt the interes� ��r o�her loan churge�cullectvd vr ta be collected in copnection with the
<br /> ', kwn ezceed the pernutted limits, then: la)any tiuch I�uao charge shall be rcducal by�he umount nocessiuy to ra�luce th�charge
<br />-;:• _ ;,': w the permitted limit: and(bl any sums alr�dy collerte,t fn�m Borrower which exceeded permitted limitsµi6�iac refunded to
<br />:,'�;
<br /> � Borrower. I.ender muy choose to muke thi, rcfund by reducing tl+� prinripal awod under the Nute or by making a di�ect
<br /> "_' � , !'•';,, paYment to Barrower. If u refund reduaes principul. the redtar�anro will be treatcd sis a partial prepnyment withou� any
<br /> ;`��. '' prepaYment ct�ergc under�he Notc.
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<br /> ;��:t�f�;.{;�;. ',;y_ 14.Natices.Any n�xic�:co Borrawer provided f�r in this Security In�trumrnt sholl be given hy deliverin�, ie ur by mailing _
<br /> '"��''-'�`s?_�'�:?'�„��� it by tirst olass rtwil ut�ks,anplicable luw rcquirex u�i�f anol'he�me�6�ud. The notioe shull be directdd to the Property A�ddress
<br /> �� K':~!i?;:;„', ur any other :►ddtess Bc�rtower designateti by notice to Lerstic�. Anp� noticc to l.ender tihall k�� civen by Prst cl�ss anai! xv
<br /> - �':�,�;��;;�=: Lender's uddress stuux!herein or any ot�"zc address L.ender dexig�nate� by no�ire�o Bnrn�wer, Any no[ice provided fix aa tt�is
<br /> ` SOCU�ity Inslniment shall be deemeJ to have b��en gi�•en to&�rrower or l.endcr whcn givcn n.provided in Ihis paragraph,
<br /> ;�,., • 1S.C.overning Iawi Severabllity. This Serarity 1n,trument tihull t+e gavcrne�l by federul lau anci the law of'the
<br /> -.�.�� ';'•' j�crssdictian in wnich the Prapeny is located. In the ecenl�hat uny provisiun or cluuse of�his Securiry lnscruc�K•nt or the Note
<br />:.�",.z�:;r'�'�:� ,.• rnnflicts with appli��ble law,such conflict shall nat affect other provision.��f�hi,S��urity In�irum:Ill Of 1�iC IVUIC WI11CI1 CAi1�C
<br /> '�''', iven effect x.i;hout the rnntlictin mvision. To this end thc s��visiom oC thi.S��urit Imtnankau anJ the Note ure d�xla�*d
<br />- .• '��.''� �'�'��:� to be severable. B p P Y
<br /> `� 16.Bomower's Cap��. �orrower shnll be given 4�ne coniormed copy ol'the'��rtr w�d of this Security Inat�ment. _
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