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<br /> p�yrmntM m�y n�lonpor!�+t+a�u{rai,M Ihe optiun of I.mider,if mort�o inwntw�e covery{e lin�k��iurt1Al����perlad
<br /> IIw Le�Wcr royultau)pnwldpl hy Mn•Inwt+et Mproved by i.enkr��in bocana avNllrble and i�obtoinai.Bormwer�twll qY
<br /> �premlurta�nqulrad k�mwintuin,nMKlpr�e Inrur�n�In effah,ur to provido�lo�w t+acrve.until�iw raquircment for mo�pe
<br /> iawnuia end�In K�vord�ux�a wllt���n�t+r�Itlon y�roemnp be�waen 8arrower ww!l�criJcr w applic�bk I�w.
<br /> !. Iiap�clM�n� Lcndo�acltF�pa��nnily m�ka rearc�blo ent�upm�rd irupo�iiunr of thd Property. Londer�ull�iva
<br /> &►rmwar nc►tioo�t Ilw tima��t ar pt1�r�to��.in�octi�►n xpaiiyitiy roa�nahlq cawKe for Ihe 1ni;pocUun.
<br /> 10.Conderpp�tbn.Tha ptrx�eedw ut',aiay �wurt ur c1Aim for�muper, diroct ar conrKquantiul. in ronnation with any
<br /> a►ixlemnwtiaa ar Mher�ulcin�of ru�y p�tt af�lha Property,ar for cunvoyonce in lieu af condemn�uion.iue hercby scsipnod and
<br /> -_ �-_..,.�..�,.,.._.-.��. �atil bo pnid to Lrnder.
<br /> In tho event of o tnWl taking of tt�Pr�e�y,tho prcx�oedR shull be appli�d to Ihe wmx socurod by Ihia Security Inclrument.
<br /> whether or nat then dua. wjtb ony excess paid tu Bormwcr. In tho evcnt af a panfnl taking of tho Properiy in which tho i�ir
<br /> nu�ska valua af the Propeny immediataiy befaro the taking ia equnl to ar grcater �hun the arn�unt of the wnu securod by this
<br /> Secudty Instrument immodiataly bef��thd Iaking,unles.�Borrowor and Lender otherwise pgrce in writing.the suma socurcd by
<br /> this Secudty Instnimont shitll be reducxd by tho amount of the proceede multiplied by the foilowing fractiun: (a)thB total
<br /> - w�wwiK uT ttw sunu sc�ur,d immediatGty t�efore the tnking. dividcd by(b) the fair marlcet v�lue oP the f�raperty immediutoly -
<br /> befaro tha taking. Any balanac ahpll be ps�id to Borrower. ln the event of o partiol tuking of the Property in which tba fair
<br /> mArket value of the Propertp immediataly txfore the wking is lass tlwn U►e amount of�ho sums secured immediutaly befot+e tha
<br /> lakJng� unless Bomower and Lendpr othnrwlso agree In w�iting or unb�ss uppliceble law othervviso provides, ths procads sholl
<br /> bo applied to the�sums coeu�d b��thia Socudty Instrument whether or nat the sums are then due.
<br /> iF tha Propentg ie abendanad.bN�Barrower. or if,aher ndtcB by Lender to Borrower that the condemnor offera to make an
<br />-- ._____� uw�ud ar settie a cluim�fnn d�pnxgos, Borrowe� fails to respond to l.ender within 3Q days aker the date the natice is given,
<br /> s Ixnd�r is authnrizo�d tn collact anci•npply the pmceeds,at its option.eitt►er to restoration or repair of the Pmperty ar to the sume
<br /> - �ocured b��thio 3avrity InsttumenU whether or not then due.
<br /> Unless Lendar an��Horrower otherwise aBree in writing. any applicatian af praceecls to principal shall not extend or
<br />. postpa�o tho duo data nf u�he monthly payments mferred to in paragraphs 1 and 2 or change the omount of such payments.
<br />° 11.Borrou�ar Nai Ytelea5ed;Forbeurance By I.ender Not s�Waiver. Extension of the time far payment or modification
<br />.'2 ,`y of amurtizrmon uf the sums secured 6y this Security lnstrument gt�►nted by Lender to any successar in interest of Bortower shall
<br />• �� not operate to relesse the liabilily uf the origlnal Burcower or Borrower's successors in interest. L.cnder shall not be required ta
<br /> rnmmenre proceedings agains�any suc�essor in inlerest ar refuse ta extend time for payment or otherwise modify emortization
<br /> • •of the sums secured by Ihis Security InstNment by reason of any demand made by the original Borrower or Borrower's
<br /> �succeasors in intemst. Any for6earance by l.ender in exerciaing any rfght or remedy shafl �ot be a waiver af or preclude the
<br /> • eacrcise af any rigM or r,emedy.
<br /> �� .�'�, 12. Suoc�s.so�s And Assigns Bound;Joint and Several I.labflity; Co-signers. The covenants and agreemen�c of this
<br /> 'n i�`''���'�� Security lnstrument siwil bind and benafie the successors and assigns af Lender and Bonower, subject to ihe provisions of
<br />���' •:l� �'Si�t�1r
<br /> '`''' t� ` "��""'�'��� "�' ara ra h 17. Borrower's covenants and a reemenis shull be a�nt and several. An Botrower who co•si ns ihis Securit
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<br />._ Instrument bul dces not execute thB Nota: (a► is co-signing this Security Instrument only to mortgage, grant and convey that
<br /> - ..:7�..s Born►war's�interest in the Praperty under thc terms of this Security Instrument:(b)is not penonally obligated to pay the sums
<br /> `�'`: ` securat by this Security Instrumenl;and Ic)agrees that l.ender and any other Borrower may agree to extend,madify. farbeu or
<br /> � � make any nccommodations with regArd to the tertns i�f this S�.*curity Instrument ur the Nnte without that Borrower's consent.
<br /> , 13.Lrwn Cbarges. lf the Icwn scrured by thix Sc�urity Intitrumcnt iz xubject to A luw which rets maximum loan chnrges,
<br /> and that law is finully interpreted u►thut ttk intere,t or ather loun churgez collected or to Ix collected in connection with the
<br /> �� �� loan exceed the permitted limits, then: (ul any tiuch lo�n churgc ahull tx�reduc��l6y the umount nec��ssury to reduce the chnrge
<br /> �.µ�' ;�`r to ttie permitted limit;end(b)any sums ulm�iy collcwtal from Barrower whirh exce�ed permitted limit�will be refunded to
<br /> ,����;�'. Aotvuwer. l.ender muy choose tu muke this rePund by reJucing the principal owed undcr the Note or by mnking a direct
<br /> ' ��.:.- .;_' puyment ta Borrower. If u refund reducc�n principul, the reductiim will he t�ated us u purtiul prepayment without any
<br /> "y.;�•�-� pnepuyment charge undar tho Nae.
<br /> +''•��'•'`'f" 14.Notices.An notire tu Burrower ►uvid�l fiir in this Securit Instrumem shall be ivcn b deliverin it or b mailin
<br /> -..•S�i: .�;_:' Y P Y F Y 8 Y B
<br /> �� �;'`.: i�by fir�t cluss mnil unles�applicAble law requires use of another methixi. The n��tice shall be directed to the Property Address
<br /> � J' � "Y.,'�R��-� or siny other uddresx Bnrtowe�designutes by nutice to I.cnder. Any nutice to Lender xhatl be given by t"irst clus� mai! to
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<br />_ _��4 I.ender's address stnted herein nr uny ��her�tdr�ss l.rnder de.ignates b�� notice to Borcower. Any nntice provided for in this
<br />�� . Securiry Instrument shull be dcemed to huv�bcen given to Bonower or Lender when Riven as provided in this parn�raph.
<br /> '� ���"' �,;� l5.Governing law; SeverAbilit,r. "I'hi� Sccurity Instrument .hull lx �i�vcrn��d hy fcderul luw and the luw af the
<br /> ��_�{k jurisdiction in which the Propeny is located.ln the event thut any pmvixion or cluusc��f this Security Instrument or the Note
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<br /> � ,�j�t���,;:. rnnflicts with upplicuble law,such contlict �hall not al'1'ect other provisions of�his Secu�ity Insuument or the Note which run be _
<br /> — ,. � �•�' . " given effec� without the contlicting pravision.Tu this end the pr�►vi�ion�of thi�Securiry Instrument und the Note are declared -
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<br /> ; ';: ., ., to be severablc.
<br /> � F'�'I � �;'�.��:�� 16.Borrower's Copy. &�nuwer tihul l be�iven one conforn�ed cupy of thr Nut�and uf'thi,Scwurity Instrument.
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