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<br /> 193- 1c�si8
<br /> p�yments mry no lon�er be rcquirod,wt the option af I,endcr.If moAg�c insurancc covcr�ge(in tho onaunt and Por the period
<br /> ttu�t l,et�fer rcqufros)provided by an inauror Appmvod by l.ender rgain becomes avaflablc ond is obtaineai.8orrowcr etull p�y
<br /> the Emmiums reyuirod to m�inWn mort�age insurAnco in efirxt,or to pmvlde a loss rcserve.untih thG rcyuirement for mort��e
<br /> inwr�nce enda in aaordanco with any writtan�yrament betwan Harmwar uK![�encler ur�qpliqablp law.
<br /> !.Iropectloa. Lender or its a�en�may m�ke rcssauble en�rirn upan and inFpactic►n�Af.ihe Propercy.L.ender siudl�ive
<br /> Homower ndfce u the dme o[w prior to An inapection spaffying re�nablo cswFa f�r N�a inepection.
<br /> 10. Ca�dnawdon.'1'trs proceedx of any xwtud or claim for damage�, dlroct ar consequentfal.in connoction with �ny
<br /> cnndemnatinn,another wkin� of�ny wut of the Pmperty,or for canyoyanco in lieu of condemnatfon,are hercby assi�ned And
<br /> sdwl!bu p:�id t4 l.cndcr.
<br /> ln tha ovent:of a total wking of the Property.the pr0000dx shuli�bB appli�d to the sums secvreJ by ihis Securky Instrument.
<br /> whethar or nat then due.with nny eacess paid to Bormwor. In tha event of a purtiol taking oE tha Property �n which ihe f�ir
<br /> market valuo of the Propetty immediately beiore the tnking is equal to or greu�er than tha amaunt oT tha suma secured by this
<br /> Secudty Insuurnent immediately 6efore th�Wking,unlegs Barrower and Lender aherwise agreo in writing.�he sums secure�by
<br /> �-------- — this Securi[y ir�trument shall 6e reduced by the amount ot the ptnee,acLw multipfied by tha foiiuwing Frrction. (a) [he hHUi� `
<br /> amcwnt of the sums sccured immodiatcly bci'orc the wking. dividcsd by(b>the fair marlcct valua oE thc Propeny imme�intoly
<br /> befAm the taking. Any•balunec xhall be pnid to Bormwer. In the cvent of a partisd wking of..tha Prnperty in which ths f�ir
<br /> m��Cet vabie of�hc Pn�party immediutely before the taking is less than�ha amaunt of the Fume isecured immediately bcfur�e 1he
<br /> taking,unlncs Borrowor and Ixnder atherwise ogroe in w�ting or unless appljaabla luw otharrviexs.provides, �he proceedA ahnll
<br /> ba appliad tu.thQ sunu secured by this Securi�y instrument whethar or�at the sums are th�n dus.
<br /> If the Pnvp�ty is abandoned by Borrow6r,or if,after ncNice bg[xnder to Sorrower that thu condem�or offens to makc aa
<br /> uward or sdtle a claim for damuges, Bomowe�fnils tv �cpond ta L�r within 36 duys aRer the date �ha natice is given.
<br /> - 4c►Mar is au�horized tu collect arui apply the praceedg,At ite opliun.eiNer to restorati.on�w repalr af the Property or.to the sums
<br /> securcd by this Security Insirument,whathsr oc not[Iren dus.
<br /> Unles.c L.ender end Borrower whnrwi� ugree in wrfting, s�ny applicatiun of proceecl.ti tu principal shall not extend or
<br /> postpc►ne the due dute of tha manthly payme►u.y referned tu in peragraphe I and 2 or change 1he amount of such payments. -
<br />- 11.Borrower Not Rele�sed;ForMz�tvnce By I.cmda�Not A Wpiver.Extan�ion oC thc time for pnymcnt or modifirnlion
<br /> i; ot�u�wrtizetion of the suma�au+ed by thiK Security bFtrument granled by Lendur to any successar in interebt of Borrower shull
<br /> not oper.�ta lo r�eleuse Iha liability of the origin�l Borrower ot Bornowar's succesw►ns in int�rest. Lender shall�not be requircd to
<br /> rommence p�qc,eedingR ugainst any successar in intarest or refLe,e t�ea�and time for payment or othorwise modify amortization =
<br />'°i'� of the sums sr�cured by this Security Instrument by reorcm,of an� damand made by thc odginal Bornower ur Borrowcr's
<br /> - a�ccessors in interest. Any forbearan��e by I.ender in�exa�ising Any right�ar r�em�dy 4hall not be a waiver of or proclude 1he
<br /> euercise of any right or cemedy.
<br /> -'- ° -� 12. Succesors And Assigav Hound;Joiat and Severai I.iai�illity; f;o-sigwns. The covenants and ugreements oi [his -
<br />•:�:r. �-��
<br /> ' ,,,��p-t�-,���;5s, Security Ins�rument shall bind and benalir the successors a�d assigns uf I..ender and Borrower, subject �o the prmisions of
<br /> � .,.;x t."�;4 ,, ,-
<br /> '�� .�r;� :,�'. ;,i.�,��y),<i;.; paragraph 17. Borrowe�'x covenante and agreements sBall 6e joim and severai. Any Borrower who co•sigas this Security
<br /> ' ., l�:.s�f�,..�,�t;�+� instrument but Joes nol e�ecute the Nate: (u) i`co-si�niag this Securiry Instroment only to mortgege,grant and convey that
<br /> ': ��,Z,,�,.;;' :� : • Borcower's interest in the Property under the tertas of Qiih Security Instrument;(bl is not perwnally obligatod to pay the sums
<br /> :,��=�-•�•��tr�•' � w"•� secured by t�is Security lnstrument;and Ic1 agr�s that l.endcr and�ny other&�rrower m•ry ugree to extend,modify,forbear or
<br /> •r.rwN.'•Z�^''_.a,.,'�'l.' --�
<br /> muke nny accommoda�ians with regnrd w the terms c�f this Security Inurumem or�he Note wi�huut thut Borrawer's cunsent.
<br /> >�;��,;.�:,✓•,...:;: _.
<br /> • „{��;. � 13.Lopn Ch�rges.If the loan secured by this Security Instrument is subject tn a law which sets muxlmum loan charges,
<br /> ,��,;�;,�, sind that law is finally inteipreted ui tFwt�hc irwcrest or wher luun chargcs rullected�ir to tx;cullected in connection wi�h �he
<br />_ •• � =" toan exeeed�he permitted limits,then: (u)uny ,uch lo•rn churge.hall be reduceJ by the umount necessury to reduce the charge
<br /> '�ir � ' to the rmilted limit;and(b)an sums alre:rd collerted from&�rrower which exceeded
<br /> .�si.�, �.t
<br /> �•h�,�,�=.�. , Pe Y • Y permittcd limits will be rcfunded to
<br /> � ¢ Borrower. I.ender mAy choosc to muke thix refund by reducing d►c principul ��wed uudcr Ihc Note or by muking u direct _.
<br /> :�Y�{RLK�I����•::: � p�yment to Borto�vcr. lf a refund rrduces p�nci rl, �hc reduction will he tresued us u anial re a ment withaut an
<br /> ;r��,�,•.., �r, . P' P' P P Y Y °
<br /> ��.�,.;.,: . ; prepayment churge under the NMC.
<br /> � ,ti;.:,t- ,. �, 14.Nadc�.Any nutice to Honnwer provided ior in�his Seruriry Instrument shall be given by delivering it or by mailing
<br /> '�'"''�� ' it by 6rst rlass nmil unless upplicable law reyuires use c�f anci�her meth�►J. Thc nntice xhull be Jirected ro the Property Address -
<br /> 1:��',�+;i-� • � �
<br /> .y,�;,t,.�_;, or any other address Bonower designu�es by �xnire n� I.ender. Any n�nice to L.enJer �hull he given by first class mnil lo
<br /> Lender's uddr��s sta�ed hcrein or uny othcr addrc.. [.endcr de+ign;�les by �xitirc to Borrowcr. Any n�wicc providcK! fiir in this _
<br /> • • �' � Security Instrurnent shall be dcemeJ t��huve t►ern givcn ti�&irrnwcr nr Lcndcr when Eiven•r.,pro��ided in thiti paragraph. -
<br /> - �" � - 15.GovernlnR I.ow; SeverAbNity. Thi. Serurity In.trumem shull lk guvrrncKl by titiicral luw und lhe law of�he
<br /> =-_ � , � jurisdiction in which Ihe Prupeny iti kx•rted. In the cvem�hat any provi.ion or rluu�r��f thi.Scrurity Instrument or Ihe Note -
<br /> �� �v contlict+with applicnble law, auch rnnflict.hall nut •rl'feri ather provitiion,of thi.Srrurity Im�rument or the Note which can be
<br /> S��� '� :�� ::�ti'�;:. given effcrt witlxwt Ihe rnntlirting provision. Tn thi.enJ�hc provisiims ul'thi.Scrurity�Intitrumem anJ the Nrne ure declarad �
<br /> '{�`�� to be severable. _
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<br /> ' 'r�':.� .. � �,���'��;� 16.Borrow•er's Cop}�.Borrawcr tihall Ixr givcn one rnnti�m�ed ropy uf thc Nnt�anJ of thi,Security In+trument. -
<br /> �'�..i,�, �• -
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