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--.�i;2�tt��� . �'"a� •�•. ��17 i—•-� : �,
<br /> py►a�am ao�y ta la�er be�equirad��dre apdon oi'l�a�der�if natqaja in�uranoe covaa�e(�a�noret�etl br d�e paiotl
<br /> IrYt l.e�lr nqute�p)Pr'nvlded by�a bwroe�ppeoved lqr 1.er�Aor�6ec+aroe�avail�ble aud b obtala�d. Darowar�If piql
<br /> .. 1iM prao�fum�requind to,u+�fnuin mai�a iaroraaoe fa afba.�or�o pavlde a lqM merv�.uatil a6e roqulna�nrt far r�at�/r
<br /> ieqt+�noe adt ie�000ndmoe with aay written�p+eeanene betwean llonp�►er aal i.arl�at+x�ppiicahle IaM.
<br /> f.I�otton.�or ia.�a�y nWce roaoaMwd a�trk.upon,na inpoalar ol cne P�pa�ty.t,.aaer�a.0 dr�
<br /> dor�ower atiattca at tha time ot or prbr ta an inspa�.ioa�It�in�res:o�t►le c�uie fcs the inepbctlon.
<br /> l�. Coede�wtlo�. '!'be prooee�s ot any awa�d or cWm tbr damqa,diact a carueqneaWl;�in connectloa wlth Mry .
<br /> oondamutlon or aber telcla�o[�ny put of tl�e Prope�ty.or for oawey�noe in fieu of ooadennMion.aro baeby wip�eb�nd
<br /> �1l be paid to I.Rt�der.
<br /> In the eveat of�wul t�kin�ot the Pmpaty.the proceeds sb�ll6e�pplied to tUe wma�ecured by thL Saurlty Luwmmt.
<br /> whether or not then due�with+�ny exad�s paid w Bortower. In the event of�psRial taiciaQ of tbe Prapmty ia which the fair
<br /> nurlcet value ot the Ptoperty immedUtely botoro tUo Wdng is eqwl w or g�tor than tha amoutit oP the wau fea�ra/by�his
<br /> Sa:udry irotrument immodi�tdy boforo the taking.unlexe Borrowcr and L,ender otherwlee�groe la writiap�the wnu�xurod by
<br /> _- tbi� Sxurity Insuument chall be r�cduood by �he amount of tho prnceods mulpplied by tha following fraction: (�)the wW
<br /> amount of the sum�socurod immedistely beforo the taking.divided by (b) the fair mulcu v�luo of tho Propemr Inunedi�tdy
<br /> befnce tho Wcing. My balMnce ah�ll be ppid to Barrowar. in the event of�p4ctiaJ,t�lcing of tha PropeRy io wt�h tue f�ir
<br /> m�M v�e af ehe Property immodWely baforo the taking is las thon ti�e A000�cn4�f the eums seew�ad.immedisOdY befone tl�e
<br /> t�3p6.unlas Honsower rnd La�der otherwiee�+ee in wridn�or uat�a.s�pq�ticabk�n►�oManrfwe provida.the pnooeetli ebt�Pl
<br /> be�ppliod w tho�viras securod by tbia Secu�ty Guuument wbeth�r or nvt thC sums ue tbea d+�e.
<br /> Ii tde Pmp�irt�is ab�ndoned by Horrower.or if.aRer notice by Lender to Botrower tb�t the condemror offen w m�a u►
<br />_ ._— �___�_ awmd or sdtk a clAirit fot d�nopige�, Borrower f�ils to respood to Lender wlthin 30 d�ya aRer the dato the notioe i�Qiven.
<br /> - I.endu is auttiori�bd�ap oollect and apply the prooeeds.at its o�tiaq,eHher to�wtatiou or c�epxir of the Pmpaty or to the wa�
<br /> sacu�+ed by ttldis 58ca�ritv Insttument.whether or not then due.
<br />_- - UNess [,e»der and Bomuwer otherwlse rgroe in w�ipn�. anv�applieation of procads to pdncipal s1W1 not eatend or
<br /> po�tpo�e the due datc of the monthly payments referrod to in pnru�rnphs t and 2 or change tho anwunt of such payments.
<br /> _ ______ 9�.Ibrrower Not Rdeasetl;Forbearana By I.ender Naz s Wdver. Extensian of the timc for p�ymept ar modiflautoa
<br />- ----�__- - ..�of sirnardzation of the sums sncurod by this Security Instrumrnt granted by Lendqs to any suaxessor i�ioterest af Borrower shaU
<br /> _ -- ' , tiat a}�arate w nelease the liability af the origirwl Borrower or gorrower's wcc�or�in interest. L.ender'aiwll not be nequired to
<br /> -- • oomrnencc prnoeidings ageinst any sucoessor in interost or rofuse to oatend time for paymcat or othcrwlse modify unortizadon
<br /> - -= of"thc eums cecurod by thie Secudty lnstrument by rcason of any dcmand mado by the original Hornower or Borrower's
<br />. = --- = swxesso�s in intereat. Any forbearance by Lender in exercising any rfght or remedy shall not 6a p waiver of or preclude tl�e
<br />- _°.-°..°-� exer�lse of any�ight or Rmody.
<br /> 12. Suceesaon aad Asei� Bound; Jdot nnd Several Uabllity;Cacigaere. The covenants and agreementa of thia
<br /> ,' Security Instrunxnt ahall bind and benetit the successors end assigns of I.ender and Borrower. subjxt to the prov�sions of
<br /> , peca�raph 17. Borrower's rnvenants and agroemei►ts shal! be joint and aeveral. Any Borrower who co-signs �his Secudty
<br /> �.�,:;
<br />':� ��;��.';;,�;' I��,ment but does nat execute the Note: (a)is co-signir�g ihis Sacu�ity Instn�menu onl} to mortgage. Brant and convey�hat
<br /> u-'f�`•� Borrower's interest in the Property und.r the tcrms of this Security Instrument; (b)i5 not�personelly obligated to pay the suma
<br /> ,:.
<br /> < secuared by Ihis Security Instrument;and(c)agroes thut l.ender and any other Borrower msy agree t�extetid. modify. forbear or
<br /> mAke any accommodetions with reg�ud to the terms of this Security instrument or the Note wlthout t�c�3�rrower's consent.
<br /> 13.Loon Clwrges,if the loan securod by this Secu�ity Instrument is subject to a law which se�s maximum loan charges.
<br /> . and that law is 8nally interpr�eted so thet the interest or other loan charges collected or to be collected in connection wfth the
<br />�- ;} l� loa� excoed the permitted limits,then: (n)any such loen ct�urge shall bc reduced by the amount necessary to reduce the charge
<br />- .: 4;,, to the permitted limk;and(b)any sums alm.udy collected from Borrower which eaceeded permittud limits wfll be refunded to
<br /> v h�"'�•� Horrower. Lender may chaose to make this refund by reducing the principul owed under the Note or by making a direct
<br /> , J .�r ,;^�} ':d:.
<br /> _� , w-.. Payment to Borrower. If a refund reduces pdncipul, the reduction will be treated as a partinl PrcpaYmcnt withoat ony
<br /> - -�.::�
<br /> :4�'bt�:".'jt, • ,.:" P�Y�nt charge under the Note. -
<br /> ',,���;.�,- ., •:.•.�;�: 14.Notkes.Any notice to Borcower provided for in lhis Security Instrument shall be given by delivering it or by muiling =
<br /> '�" � , it by first class mail unless applicable law requires usc oi unother methcxl.The noticr tih�ll be directed to the Property Address
<br /> . ;e�-"ewV:�.. :,.,,.; _
<br /> , ,',.�. �x or any other uddress BaRawer designutes by notice t�� Lendcr. Any notke to Lender shall be given by first class mail to _
<br /> ' ;:+,','����� Lender's address stated herein or any other address I.endrr designates by notice tu Bonower. Any notice provided for in this
<br />``�� •`� ' Security Instrument shall be deemed to have been given to�lorrower or Lender when given as pro�ided in this paragreph. _-
<br /> , •'t'��;'":;�.�` � 15.Governing I.Aw; Severnbility. This Security Insirument shall be go��erned by federul law and thc law of the -
<br /> - ;���' i ,� udsdiction in which the Pra rt is lacuted. In the ev�nt ahat An mvision or cl�usc of this Securit Instrument or thc Note --
<br />-"_;;.� �N�•. . .i p� Y Y P Y -
<br /> .�;, � • conflicts with applicable luw,sueh conflict shall not affect other provisions of this Security Instrume�t or the Nate which can be
<br />�'�•��: ��Y;�;'!�'�" �� ' given effect without the mnflicting provision.To this end the provisions of this Srcurity Instrument and the Note are declared
<br />_ `:. •,G�tsE��;, to be severable. .
<br /> �''.� r ;'`'�" ''�• 16.Borrower's Copy.Borrower sh�ll be given one��nformed copy ol'the Note and of this Security Instrument. -
<br /> •,�'.;' ,,:f�.:..,,,.., _
<br /> a.) .
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