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<br /> �t ttw option ot lander, if mon� in�w�arws oov�nse (in the �mour�t md tor the periad tlr,�t I.onder roquira)
<br /> provid�d by m imurw�pprawd by lwnd�r y�ln b�oomM w�il�ble�nd i�obaiod.SarroMer�hall py ehe prom�um�
<br /> roquird to mdntain mort��e inwnnoe In dteot,or w provide�lar raerve, until th�roquleement�or mor�epQe
<br /> in�unnce end�In�000rdmce Nith�ay N�ltte���raement hetMaen�orroMer md Lender or�ppHable bM.
<br /> 9. lo�peotiou.Londor ar ib a�ent m�y mrku rdrw►n�bie�mtrino u�i a�tQ l�wpa�otiona o[tho Pe�opzrty.Londer at�l{
<br /> �iva Horrower notice�t the time ot or o�w�n in�peod�►n epsoifyin�re�eoruble aauw for the inepeodon.
<br /> 10.Candemn�tion.The of�ny�w�rd or olaim to�d�m��ca,direat o�consequential,in conneation with
<br /> �ny oondomn�tion or other ukinQ ot�ny p�tt ai the Property.or to�oonveyanoe in lieu ot condemmtion.aro heroby
<br /> � �esiQned�nd ehdl be p�id to Lender.
<br /> �; In the event ot s total takinQ ot the Property�the prooaeds ehdl be applied to tho sums exurod by this Security
<br /> ' Inetrument�ahether or not shen due,with�ny ezceee paid to Horrower,in the event ot a pahial taria�of the Proporty in
<br /> ahich the fair muket value ot the Property immedi�tely betoro the t�kin�ia eqwl to or�tor ttan the amount ot the
<br /> , ;.,.�r,:�; '. suma eecurod by ti3�Sacurity Inatrument immedi�tely beloro the t�kinQ,unloea BorroNar and I.ender osha�Niae aQroo
<br /> roo
<br /> , .. .�'�:. in writinQ,the sums secuned by this Security instrument ahdl bo roduced by tho amou�t ot tho procaeds multipliod by
<br /> ��:':�x";. ,;-�. tho foUowin�fraction:(s)tho toal amou�t ot the sums eocurod immodistoly betoro the akinQ,divided by (b)the tai� ;;:,>;,
<br /> ::�., ,.� .;�1��,
<br /> ;,:, -,� markei value of the Yroperty irnmaliately before the talcln�.Any balance sha11 bepeid to Horrower.ln the evmt ot a �, f.
<br /> "`�'��' edirte be o t a takin is lesa t n
<br /> -�•�•{��� •'= rti�l takin ot the Pro in which the tair market value oi tho Pro y imm ly f ro h g lui
<br /> . .F_�R`�Y;,
<br /> ,f �° ,.1 �.,`.� ha amount of the sumsa:�uirod immediately betoro the taki��,unlrss Bporrower�nd I.ander otherwlse a�roe in aritfng
<br /> :4± �:•;�;�.,;�;1:� ��y� ' or unlese applicable law otherwise pravidea, the pracads ah�U be appliod to the euma se�ured by this Seaurity
<br /> ' "� '�°�'�"' ^"'� '�` Instrument whethor or not the sums ares then due.
<br />:a4.'., Ic.�i;t��.��1
<br /> K� �...:;M,. �,,,�;,�-;�•: If the Praperty ls�bsmloned by Borcower,oc It,after notice by Y.endar to Borrower that the condemnor offere to
<br /> .� _• ��::>�i i;�.ft;. „°.
<br /> ,k. , .. ,.�.. . make en�ward or settle a clairn [or damages, Borrower f�ile to respond to Lender within 30 days stter the d�te the
<br />,�,.Y� ,..r ` ; r::,j:,m:s,�,, � �.: . "• notioe ie ven,
<br /> , ��..� , t , pi Lendar ie euthorized to ccaJaect�nd�pply the pnoaeds,at ita aptian,either m restoration or repsir of the
<br /> '_i���_.'•" �"�''f�
<br /> , �:���,� t,>`• Property or to the sume secured by thia Security Inetrument,whether or not then due. ,
<br /> ; �,�},�F �r�:}•+ .,...�
<br /> , i�����?�:�',,� Unleas Lender and Barrower otherwise�gree in�rriting,�ny applic�don ot�roceede to prtncipal ehall not extend or ,
<br /> ��,��.�i�!���'�:',�� ' ;� post,pone the due data at the manthly paymenta reter�ed to in paragrophs 1 and 2 or ohm�e the arr�ount ot euch �,��'
<br /> i„�,:'�,'?i.�",��„-�'• �:.° �..
<br /> :.,.,�,f4•< :. . Payrn.nts.
<br /> :;; >: ,,.•tis��>Z!� � ±,t�'';1i 11, Bor�ower Nat Relased; Forbesrsoce By I.ender N�ot a Waiver. Extension of the time for paymer�t or
<br /> Y:. .:.;,; .. ' • •�','�"';: modifiwtiora of arnartiusion af the aums socuced by thia Security Instrument grantad by I.ender to any eucceasar in =�'
<br /> 1j . .a;+,
<br /> r !�,�,,��. ���� �.� � � .';;� intcnst of Aanower sh�U not operate w rolease the liab�lity ot the origina] Borrower or Borrowere succrasors in j:;};h.
<br /> �;;�",'����• ;~; ;,������� ����� � intereat.Lander aha!! not be reQuired m wmmence proceedin�s against any auccessor in intera�t or retuse to extrnd i;,,:,,
<br /> ,(•::,.r ,.U.�;.x.y��,.� tera
<br /> ;�;-��.,:;.;., ;'.,;..,;,�;;��,�, '•, ;�:-;.�,;� time for paymsnt or othsrwise mality�mortizatiom o7•che auma securod by this Security Inatrument by reason at�y �;,,i;�
<br /> ,.��; �y_ , �"tt:;n'
<br /> �r.' "� ��i!r�rJ��l���'��r .�'; �'�;.;1 dem�u►d mad�by the original 8orrower at Botrower s successc�ts in intereat.Any for'bearana by I,ender ia�e�uciaing +:�,`y,
<br /> ,�. :�``,. ' x'.r � �....�•�, ,;�,�; an htor rem�ed sha proc
<br /> . , ,y.i'::`.•;..��2`:„,•, Y pQ Y af nni ba a wa�ver a1 ar lud�t�e exer�ise af pny right ar remesly. •��i�,
<br /> -- � `. .r•,., ,,�... ,.=, !?S�msss�ss�a� !�ssi���a�:dnin3 a$s!&rvssa9 lia�3�ily;��s�Yarss.'�'!!��vennnte nnd ag�xa���.�
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<br /> °���:�;��� ot�his Security Instrument shall bind and ben�tit tQ►e succe�sora an� �9�of Lender and Aorrower.subject to the r�
<br /> �visions of pan�raph 1'D.Boarrower's covenents end agraments sh�ll be joint and sevaral.My Borrower who co-signa
<br /> � thie SecurIty Instrument but daea not exxuu the Note: (a) is co sigt�ing thie Securi4y Instrument only to mortgage�
<br /> � . �� �ant�nd convey that Borrower's interest in the Property undor the torme ot this Seeu�tty Inatrumont; (b) is not
<br /> poreonslly obligeted to pay the eums secured by this Sec�rity Instrument;tnd (c) agrees that Lender and sny other
<br /> � Borrower may a�ree to axtend,modity.forbar or malre any acoommod�tione with re�ard to the terms of this Seaurity
<br /> �° , lneuument or the Note without that Borrower's consent, �
<br /> �,. � • 13. L�n C6�r=es.If the loan sxured by thia Security lnstrument ia subject to a law which seta m�ximum Iwn .
<br /> t». -. ch�rQes. �nd th�t l�w is tin�lly interpretaf eo thu the interest or other lan ch�rQee collxted or to be collxted in ��r.
<br /> ��'.' . • oonnxtion with the loan exceed the permitted limita,then: (a)�ny si�ch Iwn cher�e ehdl be roducad by the�mount =:��
<br /> '�' . • neceae�ry to roduoe the char�e to the permitted limit; and (b) any aums already collxted trom Bon�ower wwch
<br /> � ` � , exceeded permitted limits will be retunded to Son+nwer. Lender may choose to make this retund by reducin�the
<br /> � . pri�cipal owed under the Note or by makin�e direct p�yment to Borrower.If a rotund reduxs principal,the roduotion
<br /> � , • will be troated as a parti�l prepayment without any prep�ymcnt charger undcr the Note. �
<br /> ' ' ` 14.Notices.Any notice to Borrower provided for in this Security Instroment shatl be given by delivering it or by
<br /> � ' ,
<br /> - mailing it by firet class mail unless applicable law requires use uf another method.Tha�otice shsU be directod to the
<br /> ' Property Addross or any other addtrss Horrower design�tos by notice to Lender.Any notice to Lender shall be given by i
<br /> tirst class mail to Lendor's address ststed herein nr any other �ddress Lender designates by notice to Honower. Any �
<br /> • notiee provided tor in this Security Inscrument sh�ll be deemod to have been�iven to Borrower or I.ender when�iven �
<br /> aa provided in this paragraph. }
<br /> IS.Governia�Lsw;Severability.This Security Instrument shall be governod by tederal law and the law of the �
<br /> jurisdiction in which the Property is located.In the event that any provision or cl�use oi this Security Instrument oc the i
<br /> 1 � � Note contlicts with spplicable law.such conflict shall not affect other provisions ot this Security Instrument or the Not� ' �
<br /> '! which can be given ettect without the contlicting provision.To this end the provisions of this Sxurity Instrumrnt and �
<br /> i� the Note ue declared to be severable. �
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