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<br /> pymer��m*y na lonyer be roquirod.u tho optinn oP L.ender.if awnQy{e Inwnnce mven�e�,anxwn�md�c��x��alc�d�
<br /> tk�t l,,�der raqultea)provided by an insure�wpprovod by L.ender�In bxqma�vdl�blo and is obtalnod. Burrower�h�ll p�y
<br /> the p�miiu�as roquiRd to mairwain mort�e inw�in efloct,or w provlde a lo�rexavo.untfl�ho roqu[cr�t►etN fur watt�o
<br /> inwdnoo�in�cro�dan��a with�ny w�itten�roemetN 6etwan Borrower�nd Lender or applicable I�w.
<br /> _ !. I�p�ction. Lenkr or iu n�ent m�y mtlte rea�a�bk entria upon�nd intpoctfon�ot tha PropatY. Lender�I�all�INQ
<br /> Burrower notloe�t the timo oPor prior tu on inspoction►pecifyfn�neasawble cwse far thc inepaction.
<br /> 10.C.oMdaua�tba. 'I'he praceods of my�ward or clsim for diun�w.dircct or amsoquemiul. in connectfon with�ny
<br /> car�demrwtlon or aher WcinQ uf iny put of thc Property,ar far comeyAnoe in ifeu of wndemnallon.rrc hcreby�.ssig�c+d�nd
<br /> -_.�._..__._._. �--. �h�ll bo p�ld to Lender. -
<br /> In tho event of a toal wking of the Property,the pn�d�dwll be appliod ro tha suma socuroJ by Ihis Security InitR�meM,.
<br /> whether or not then due,with any exces.c jwid t�8ormwer. In the evont of a parifYl taking of the Pmperty in which Iho fa�ir
<br /> mouket value of the PropeRy immediutely befom the taking is equal to or g�eatcr Ihan the am�wm af'thc sumr xeeurod by thii
<br /> Sxu�ity Instrument immediataly before the�Icing,unlecs Borrower and Lende�otherwir,e agrce ia writiny, the sums ee�vred by
<br /> � this S.,�rky lnstrument �t�uli be rrxfu�:ed by thc amoutu�t'ihe proaeda multiplled by the faltau�ing t►...�iu�e. (u)�ira 1ut�1.
<br /> artwunt of�he sumc socured immadiately before the taking. dividod by (b)[he Pair madcet valuo oi tl►e PropeNy immcxliwlaly
<br /> before 1he leking. Any balance shall be pald to Borrower. ln the event of a partiul taking of tha Property in which the fkir
<br /> market valus of the Prnperty immediatcly beforc Ihe taking is lesa than thc amaunt of the sums isecurcd immaliotely beforo tho
<br /> uiking. unlesc Borrower ond Lender otherwise agree in writing ar unless applicable law atherwise provide�, the proccedr.�lu�ll
<br /> ba applied to the suma secured by this Security Instrument whether or nat ttie sums are then due.
<br /> If the Property is abandoncd by BoROwer.or if,after nc►tice by Lender to Borrowcr thut the condcmnar offe�ta mFko an
<br /> _ award or settle a claim tor damages, Borrower fails to rcspond to Lender within 30 duys after the date the noticc is given,
<br />.,��F ' I.ender is swthorized to vollect end apply the prooeeds,at ks c�ption,eithcr to restorntion or repuir af the PropeAy or to the�sums
<br />��_�; sec;urcd by thia Security Instrument,whether or not then due.
<br /> Unless l.ender and 8arrower otherwise agree in writing, uny application af proceeds to principal shall nM eatand or
<br /> LLi postpo�e the due date of the mo�chly payments referned to in paragmphc 1 and 2 or changB the amount of such payments.
<br />�'r� 11.Borrower Not Released;Forbearnnce By Lender Not a Wpiver. Extension of the time Por payment or modiQc�d�n
<br />:3�� '�`� of amortizotlon of the sums secured by this Security Instrument gronted by l.ender to eny succeas��r in interest of BnRaH'er sh�l)
<br /> not operate to release the liability of the original Borrower or BoRawer's successors in interest. I.ender shall not be mquirod ta
<br /> wmmence praccedings againat any succescor in interest or refuse to extend time for payment or otherwise modify wnartf7alf�n
<br />_- of the sums socured by this Security Instmment by reason of any demand madc by the original Borrower ar Hnrt+�wtr's
<br /> successors in interest. Any forbearance by Lender in exercising any right or remedy shall �wt be a waiver af or pr�clu�le tt►ti
<br /> _ exercisc af any�ght or remedy.
<br /> 12. Sucorssors and Assigns Bnund;Joint And SeverAl LiAbiUly: Caslgaers. The covenants und agrexments nf this
<br /> �� �;�',y,,,,,,., Security Instrument shall bind at�d benefit the successors and assigns of Lender and Borrower, �ubject tu the pn�viai�m►uf
<br /> !� ° paragraph 17. Borrower's covenants and agrcemems shall be joint And severnl. Any Borrower who co-xigati this 5.�urity
<br />- Inst�ument but does not execute the Note: (a) is co-sigaing this Security Mstrurnent only to mong�ge.grAnt und��mrry lhat —
<br /> - '•?'�' Borrower's intorast in the Amperty unde�the terms nf this Security Insirument;(b)is na penonally obligated ta pay ttrs sums =
<br /> ' `�''ytl secured by�hia Security Instrument:and(c)egrces th�t LenJerand uny othar Horrower muy agree tu extend. n�iFy. fi�rbeuor
<br />� „� . �,• �r<M,�
<br /> .�i,eir���.��k,+ make any nccammadutiuns wi�h regard ro the terms of this Security f ns�rument ar the Note withaut that&�rmw�er's cv�ment.
<br /> " �f :��t.i�-;: � 13.LoAn Charges.If the loan secured by this Security InFtrument is subjeoi �o u law which sety maximum Inan churges.
<br /> _ �.. .,� , --
<br /> .., and thut Inw is finally interpreted so that the interest or wher loan churges rollected or to be collected in contr.�.tion with the _
<br /> "—�i d• •�a' - loan exceed the permitted limits,then: (a)uny such losu�charge shall be reduced by�he amoum necessary lo radune the cNurge
<br /> ' �``- to the permittal limit:and (b)u�y aums ulreudy cnllerted from Bormwer which exceeded permitteJ limits w�ill i be rcfunded to --
<br /> `�r� Borrower. l.ender mu choose to mukc thi+ refund b reducin thc nnci I owed uixicr �he Note or b m�kin a dircct
<br /> _. ;1�, Y Y F P � PA Y 8 —
<br /> - '_ payment tn Borrower. lf a refund mduces principul, Ihe reduction will be treated us v partial ���ym¢�t withaut any __-
<br /> ', �`' • " �:!,; ��., prepayment charge under Ihe Notc.
<br />- - y::, ..,�r:,�; 14.Notiees.Any notice to Borrower provided fi�r in Ihis Security Inslrument sha�l t+�given by deli�•eri�it or by ms�iling Y
<br /> . r%.-� ••���• •; � it by first cluss mail unless applicable law requires use ot'another metlxxi.The notice shaU t+�dira:tal lo thd Property Address
<br /> w;,' :r;.,�.�,.:,
<br /> " �.;' ,;,,.,,.: •::_:p. or any other address &�nower designates by nnticr to Lender. Any n�itice to Lrnder sha11 bc gi�•en bJ• flrst cluss mnil to
<br /> :� F � '`'�,<'-�v�, Lender's uddress s�ated herein or any other aJdre�s Lcncier designutcs hy n��tice tu&�rruwer, Any nuticc prnvideJ for in�his _
<br /> _�:�� +.
<br /> -°•.x:.'.':�.- `• Security Instrument shull be deemed to huve been given to&�rrower or l.cndec wh�n givcn a+provicled in thls parugruph. _
<br /> �,Fi�`,��,�,� 15.Govcrning Law; 5everabiNty. This Security Instrument �hall be govcrnecl by faicral law• und the law� af the
<br /> *�— `��:^:; jurisdiction in which the Propeny is Inruted. In ihe eveni thut any provisi�m �tt rl;�use of thi,Security bistrunknt c�r the Note
<br /> ---- . ,.�.�'��` �"� � mnflicts wi�h applicable law,such conilict xhul l�x�t uffcrt other provixi�m�of this S�.�curity In,trument nr the N�Hc which cun be �-
<br />: ���' �•;`,`�"'�":�;�� � given ePfect without the conflicting provision. To thi,end the prcwisions of this Sccurity Instrumr,nt uirl��he Note ure cleclorcd ---
<br />- �,� ; to be sevcrable. __
<br /> �- ;=_= --:�",,j_��. 16.Borrower's Copy.&irrower shull be given one cr�ntiimied copy iif the Notc and oi'thi�c S�.�:uriq�Inxtrument.
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