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<br /> , � payments eney no langer be required,at the optlon of Lender,i��gage inaurance coverage(u►the amount aad for thc period
<br /> tlwt E.cnder requires)pmvided by an lnsurer approved by Leader again becomes available and is obtutaed.Borrower ahuit pay t_
<br /> • the premiums required to ivaintain mortgage insurauce in effect.or w provide a ioss reserve. untii the requirement for mortgage _:
<br /> ,, �aur�tce ends in accordance with any writtea ag�+aement between Borrower and Lender or applicable law. �:
<br /> , � 9.lnspeaton.l.ender or its agent may raake reasonuble enutes upon And inapectiona af the Progerty. Lertder shuU give _
<br /> • Donowcr notice at ihe dme of or prior to an inspection specifyin�reasonable cause for the inspectlop. �.':
<br /> ry ��� 10. Condeaination.The proceeda of any award ar claim for damages. direct or wnaequenttal. in connectlon with any
<br /> " ,. ,� condemnatlon or other taking of aay parc of the Property,or for conveyence in Iieu of condemnation.ate hereby essigned and _
<br /> . ahall be patd to Lender. _.
<br /> In the event of a wtal taldng of the Property,the proceeds shaU be applied to the sums secured by this Security Inatrument.
<br /> =����� whether or not then dae,with any excess paid to Borrower.In the event of a partial taking of the Property in which the fair _
<br /> market value of the Property immediacely before the taking ia ecival to or greater than the amount of the sums seeured by this
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<br /> Secur(ty Iasm�ment iramediately before the taking.unless Borrower aad Lender otherv,rise agree in wrlting.the sutns secured y
<br /> �; �s ��ty Instrument shall be reduced by the aznout►t of the proceeds multiplied by the following fraction: (a)tite total .
<br /> ' � amount of the sums setured Immed�ately before the takiag,divided by(b)the fair market value of the Property imme�liately
<br /> • - before the tekiug. Any balance shall be paid to Borrnwer. Ia the event of a partiai takin8 of the Property in which the fair
<br /> ^ ,` market value of the Property lmmediately before the taking is less�haa the amount of the sums se�ured immedlately before the
<br />- �• ' �' teking,unless Borrower and Lender otherwise agne�in wdtiag ar unless applicable law othenvise pmvides�the procceds sha11
<br /> - be applied to the swns secured by ihis Security tnstnunent�vhed►er or not the sums are then due. ,
<br /> ':�.�*,•n: If the Property is abandoned by Borrower,or if,aRer aotioe by Leader to Bortower that the condemnor offers to make an
<br /> award or settle a claim for damages.Borrower fails to res�wnd to l.eader within 30 days after the date the norice ia given.
<br /> � i,ender is authorized to collecc and apply the pmceeds.at its opt ion,e i t her t o rea t o r az i o n o r r e p a i r o f t h e Pro pe r t y or to the awns
<br /> '=:;>'`"'>"'�`•'t secured by this Secudty Insuument.whether or not then due.
<br /> Unless I.ender and Boaower othenvise agree in wr1t�►g. anY aPPlicatinn of proc�eeda to prjncipat sh�ll not extend or
<br /> ''t'�`��� � postpone the due date of the monthly paymeats refen+ed to in paragraphs 1 aad 2 or change the amownt of such payments.
<br /> "'�s li.Borrowex Not Released; Forlbearance By Lender NoE a`6�Vaiver.Extension of the rime for payment or modification
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<br /> of amartizadoa of the sums secured by tbis Secudty Instniment 8rai►ted by Lender to any succESSOr in iaterest of Borrower shall
<br /> -------�,� not operate to release the liability of the original Borrower or Borrower's successors in ituerest. Lender shall not be req w
<br /> ====�� commence pmceediaEe against aay suocessor in interest or refuse to extend time for payment or otherwisa modify amortizadon
<br />'==*�::��,�� u� � � � �y �hi,; e�uzit; Insin±me?�t by reason of any demand made by the original Borrower or Borrower's
<br />---"�_`� succe,ssors in interest.Any forbr,arance by L$nder in exercising any rip,ht or remedy shall not be a waiver of or preclude tt►e
<br /> �1•d-���, exen�ise of any right or remedy.
<br /> v�- 12. su�a�ana a�� Bow�a; Joint and Several Lia6Wty; Co-signeas.The coverants aad agreements of thia
<br /> `"""'��$'s� gecuri�yr TnstNment sha11 bind and beneSt the auccessors and assigna of Lender and Bormwer, subject w the pmvislons of
<br />-�=-�"�� paragaph 17. Bomawer's covenants aad agreemeats shall lse Joint and several. Any Horrower who co-sigas tbis Security
<br /> '' � Insuument but doea not eaecute the Note: (a)is co-signiag this Security Instrumeat only W mortgage, grent and convey that
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<br /> �%^`�'. � Bormwer's iaterest in the Property uader the terms of this Scxurlcy Insuwnent:(b)is not personally obljgated to pay the sums
<br /> -_ -_,��'y�� secured by t4�is 5ecurlcy Insuwnent:and(c)agrees that Leader and any other Borrower may agnee to extend.modify,forbear or
<br /> -`'�-,`�'-.,�. m�ke aay acoommodationa with regard to the terms of this SecurIty Insnument or the Note without that Borrower's consent.
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<br /> _�r,,,,,,�,.,�0 13.I�oan Cbarges. If the loazt secured by this Secudty Insc�ument is subject to a law which sets maximum loan charges,
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