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<br /> _ , .:T � �aYrrtcncs mny ao 1�aager Bo reqwre�,at Wo optton of L.ander�if mortga�go insurance covaraga(in tho amount nnd for tito period
<br /> , - tlu�t L�ndcr esquires)provided by an insurer approved by Lcnder ngain b3somes nvailnblo�utd fs obtained. $onower ehull puy
<br /> , � tho prc�niums rcqui�ed to rtu�intain mortgage insurance In effect�or to provide a loss rescrva, unHl th�requirement for mortgage
<br /> ., • insuraa�o end�ln accordnnce with cu�y wrltten ukyc:enunt 6etwaa�13uao�ver nnd Lender or applieable tuw.
<br /> ;�;,;��;�� a. Itupeellon. L,ender or ite agent may malce reasonable euMes upon and inspeettons of tho Pm�rty. Lender shall give
<br /> �. 8ofrowes notico at tho dm�of or prior to un insp2ctian ep�itying rcauonablo enuse for thc3 inspectton.
<br />_: ���;,, °' Y0. Ce�dearuuttton. The proceedq of any uward or elaim for damages� direct or consa�uendnl, in conneMion with suy
<br />-�'�:��-•t-: condsranntion or other teldng of any part of the Projserty, or for conveyance la lieu of condenmatIon.are�ereby os�igned uad
<br /> ehnll be pnid to Len�4r.
<br />,.���--�� . In t!�ovent of a total taki�g of tha Praperty,the pzoceata shnll be upplied to tke sums secured by this Security Ins�rument,
<br /> � whether os not then due, vdth any excess paid w Bormvier. Ia the ev�t of a prut�al mldng of the Property ia which the fair
<br /> market vuiue of the Property immedtately bofore the taldng is equal to or greater than the amount of the aums securod by this
<br />-•�,�`M1�.�6 3avrIty Insbrummt immedietely before the teldag�unless Boaower acd I.ender ottc�se agree ia wrIting,the sums aecured by
<br />'�-;., �.}' . thie Sacudty InsWmeat shell be reduced b tke amowu of the P bY wv►8 fractlon (a)tho total
<br />:.,,,�.. „.,. Y ptoc,eeda multi lial Ute follo
<br /> ...�:•;. -- araouat of the suana secured immedtst�ly before the mking, divlded by(b) the fair market valus of the Property i�iateiy
<br />�'�R'`:�� before the taldpg. Any balance ahall be paid to Barrower. In the eveat of a psrtiel mking of the Property in which the Sair
<br />_.:°�`•`.�� market velue of tlte Pra
<br /> .���',� perty immediately before the teldng Is less thea the amouat of the sums secvred immediaL�ly before tha
<br /> - --- taking, unless Borrower aad Ltinder otherwIse agrea in wrltiag or unless applicable law otherwisa provIdes� the proceoda ahall
<br /> -��� 1�aPPliod to th@ ewns secured by this Secwity Instnunent wh�ther or not the su�s e.re then fi!e.
<br /> _�°:.°:�,�.� Ig thd Property ie abandonad by Borrower�ar i�after noHoe by I..ezider to Borrower that the condenoaor offers to make an
<br /> _--= award or seule a claim for domeges� Borrower fails to respond to I.eader wIthin 30 days a8er the date the notIce is given,
<br /> -�-���r T+CIIdCI�8II111�147�7/:d W CO�OCL� 1 �8
<br /> :,.w:.���,� �kP Y Pr�da,at its option,either to restoratIon or repair of the Property or to the sums
<br /> - --= sec�uai by tbis SscWrity insuum�t, whether or rtot then due.
<br />_i,;���,{�; Unless L,ender end Bo:rower otherwlse egeea in wrIting, anY applIc�tion of proceeds to pzincIpal shaU noi�ctend or
<br /> --..-- Postpone the due date of the awnthIY PaY�ts referred w in paragrephs 1 sad 2 or change the amonnt of such payments.
<br /> }-�°�� li.Bormwer RTot Pteleased;Forbeannce By I.ender Not w Waiver. Bxtension of the tinae for payraent ar modific�on
<br /> -=�; of emortization of the sums secured by this Security Inatrwaeat gr�rntod by L�nder to any sacce,ssor in interest of Horrower shali
<br /> - aoi operato W release the liebility of the orfg[nal Bonower or Borrowd s suoassora in intere.st I.ender sl�all not ba required w
<br /> commence Proxodings a�a;nat anY succe,ssar in fntere.vt or refusa w�ctend time fnr payment or othercvIse raaiify amortization
<br /> ---s� of the aums secured by t�is gecurity �sx�ent by reason of em demand mad�a by tha ori�taal Bortower or Botrowd s
<br /> — ; �sors in intaesG Aay forbaraace by L,eader in wcetcising eny rIgb,t or re�aedy shs�111 aot be a waiver of or precluda the
<br /> - , exar�o{se of eay rIght or re�aedy.
<br /> ; 12. S�acons itnd Assignt Hotmd;Joint and Several Lfabllity,Co�tgi�ere. The covenaata ead agreem.ec� of this
<br /> ' 3xurity Iastrument shall biad and benefit the succe�sors and ssaigns of I.ensler and Borrower, subject to the proviaions of
<br /> � paragreph 17. Borc+owc�'s cove�ants and agreenteate sball be joint ead several. Any Bomower aho co-signa tl�ie 3ecurity
<br /> � Instrument but dces not eoceaute the Note: (a)ia co-sIgna�g thIa Securlty IusUumant only w mortgage� grant aud coavey that
<br /> + &mowe�'s interest in the Pro
<br /> _ Per►Y uader the terms of thfa Sectuity Instrumea�(63 ia not personalty obligaud.to pay the sums
<br /> --- ' socured by this SocuritY Ittstru�� and(c)agrees that Lenda end any other Bormwer mnY a&�ee to e�nd,modifY,forbtaz or
<br /> --•�a'�; malco eay a�odaYions wIth mgard M the terms of this SecttrIty Ltadtnaent or the Note wlthout that Bonoae�s eflnseaL
<br /> _.:�s ;
<br /> � ' 13. Loan Cbuge�. If the loaa sec�aed by this Securtty Insdvment ia subject w a taw which sets ru�cim�m loan ch$rgey,
<br /> --�:� sud that law is�inally interpreted so t6at the interest or other loan d�erges collected or w be oollectod in corateciion with die
<br /> loim�aeed the permitted Iimits.then;(a)euy such loa�n charge ehali be raduced by the amouat aeces.sery to redueo the charge
<br /> '.} to the pecmittad limifi and N)anY stcns aiready colle�ted&om Borrower which wcceadod permittod limita will be refimded to
<br /> Bon+awer. Lender may choose to malce tbia refimd by reducIng the pr�acipal owed unda the Note or by maldng a direct
<br /> ,,j payment w Borrowet. If a refimd reduces princIpal, the induc3ion wlll be treated es a 1�� P�Yment without aay
<br /> P�Y�G1�ar$o undat the Nota -
<br /> '.i 14.Noticea.Any notice to Hrnower provided for in this 5ecurIty Inshume�t ahall be given by delivering it or by mailu�g =
<br /> �' it by 6rat cle�ss mail uNess applicable law requi�s use of eaothet method.The notia+shall be directed to the Property.Address
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<br /> � or any uther adclre,cs Borrower dessignates by notice to I.eada. Any notioe to Lsader ahald be given by first cless mail W
<br /> -- '�' Lmdds eddr�s atatod hereia or say oiher eddress I.eader designates by aottce to Borrower. My aoiice pmvidal for ia this
<br /> — " } SqcuritY Inshvment ahull bo deemed to ltave been g[ven Yo Borroaer or Lender whea given as pmvided in this paragraph.
<br /> : � 1S.Governing Law; &ver�i�iltt�. Thia SecutIty 1�at s�all be govemod by fadcral law aad the law ofthe
<br /> <� aurlsdiction ia which tho Property Is located. In the event tl�at aay pm,Wxion or olin�sa of this Security Jusb�mRent or the Note
<br /> ; oonflicts with epplicable law�such conflict ahall aot affect other provl�ions of this Secuelry Instrument or the Note which c�n be
<br /> .� .� givar effxt�vithout die oaaflicting provision To this ead tha provisions of this SecurIty Iastcumeat aad tha Note are declased
<br /> W ba eevorabla
<br /> -�---�-- .� 16.Rormwer's Copy.Horrower shall ba given one conformed oopy of tlte Note m�d of this SECtuity Iasdn�meat. -
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