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<br /> nu t bo roquirod.u tho optlon ot Leedec,If martg�o inwmnoe cnNOr�e(in�Smiourrc1aed fo�p�e►iod
<br /> tlu�t�l�en, der noquira�vidad by�n lnwrcr�pproved by[,ende,�+�dn baooma Nvpil�►bla and ia obu►ina1.&xrowex�1WI p�y
<br /> We pranium�r�equirod to nuintain mat�e inwranoe in eflect��x w pmvlde�Iq��erve.uadl tha roquiramnt fa'u�s
<br /> iawnnoe ad�in�danoo with�ny wrivai�yneanent betwan Boerowor and LaenAor'ot�ppik�ble tAw.
<br /> !.lmpe�tloa. Lender or iu a�au may tn�ce reaoonnbla cntrlas uprnt�nd iny�aatiam►of the Pmpeny. I.ender siWl Sive
<br /> 8ormwer notioe at tha dme oP or prlor to an inspa.�tian�peciPyinB rarott�bla cauca fqr•ttip ln�pxtlon.
<br /> 10. Condeanatbn. 77ie procooda of my�wud ar.cl�im for dampga�, dlroot or consequcnti�l. in connection wllh any
<br /> ooMenwtion or othe�tafcln�of�ny put of�he PropeKY�or far a►nvoy+�noa in dau,of�candemnation.u+a hereby�si�oed�nd
<br /> shall be paid w l.ender.
<br /> In the event of a total 1�Icin�of�he Pe�nperty.tho pouoeoda chall bo appliad ta the wms cavrod by thi�Security Imtrumeet.
<br /> whether or not then due. with�ny excess poid to Barrowar. ln the ovont.of a p�ttfal teking of the Prnperty i�which the fair
<br /> mulcet valuo of thc PropeKy Immedi�tely bcforc the taking ia oqual[a or gmatar thwn �ho amount of thc aum�securod by tl�s
<br /> Socurity Insuument immediotely beforo�he taking.unlass Borsuwor And l.endar othatwise�Sroe in wriUng,the wms sxured by
<br /> this Security Instniment shall be roduced by tha amaunt of dte pr0000de mullipliad by the following frection: (a)the totel
<br /> amount of the aums socured itnmedietely befare tha takinB, divldad by(b)tha fair,market v�lue of the Pre�erty immod�ate�Y
<br /> before the toking. Any balAnce sh�tll be paid to Botmwer- In tha ovonb of a.p�uti�l�ttdccing of the Property in which thc fair
<br /> mirica value of the Property immodiuoly befo�e tha tnking ia lass th�tha amaunt�aGtho sums secured immediotely 6oforo�hc
<br /> tAking,unlesa Bomower ond Lendcr atherwir�a ag�oo in wrt�ing or unlacs applic�ble law ahenvise provldca. the proaai�riwll
<br /> be qpplied W the sum9 cecurod by Ihia Sccudty Inctnimontwhmher on nat tha eums an tiKn due.
<br /> .. ., „ � If the Property is abandonod by Bomowar,or if,aflar nattac 6�l:eader m Bormwer that the condemnor offers to moke�n
<br /> ����.�. , �;� . award or settle o claim for dwmages, Bomuwor fail�u► r�aspond to i.ender within 30 days after the date the rotice is�iven.
<br /> • '� Lencler is authorfzed to collect and apply tha prrxeode,pt�itN�xEon,�eithar to restaradon or repair of tha Property or w tlu wme
<br /> •� ' aetuied by this Securiry Instrument. whethornr nat thon�duo.
<br /> ;�_�„R..�-. ....x. Unless L.ender and Borrower othervviao agroe in�writin8. anY application of praeeals to princlpnl shall tat wctend or
<br /> �• postpone thc due date of the monthly payme�►tA ref'ornsd to in parpg�ephs 1 and 2 or change the onwunt of such payments.
<br /> Y ,-�: , ;� x .: ll.Borrowa�Not Rde�sed; Forbearnace By i.cnde�Not a Waiver.Extcnsian of thc timc for payment or modjflcuioa
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<br /> . .��,�;;t� : of amortization of the sums securad by this Secu�ity Ine�roment g�anted by Lender to any sucassor in intercst of Bortower sfull
<br /> ,� � �,,;.;;x,y�,�;��• not operate to rekas�the IiabHiry of�he ariginal Bc�rrower ar Barrower s successors in intercst. I.ender ahell not be nequi�ed w
<br /> � `� �� ' t• oommencc pmcoodinge agalnst any suooessor in interest or refuse to extend time for payment or att�erwise modify atmrtl�tioa
<br /> � ?,�:�f�:•.�.�..�'�;,;, af the sums secured by this Security Instrument by reasan of eny demund mode by the original Bartawer or Borrowa's
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<br /> � , :��i'•'•'... ...
<br /> : :����,�_:ti_r..:� � successors in intere.st. Any forbearance by Len�ier in exercising any right or remady shall not be a waiver of or prtclude tho
<br /> .•y� . .. ,, ... eaercise of any right or.remedy-
<br /> �',.;,•;°�'....�..� 12. �u�r+u�d Asri�w� 8uw�.i;,ioi�i �ti �eierA! Ltabf!lty; C�.,lgceers. 'flie coves�sss and ags�sats �th�
<br /> � . , , Securiry Instrument shall bind and benefit the successors and essigne af Lendar and Borrower. subject to the provistons oP
<br /> � ' , paragraph 17. Borrower's covenants and agreementa shall be joint and several. Any Borrower who oo-signs thie Saurity
<br /> �• � � ����� Instrument but does not eaecute the Nae: (a) is co-signing this Security Inatrument only to moKgage. grant and convey tluit
<br /> ;�,,,. ° � � Borrower's interest in the Propeny under the terms of thi�Securfty Instrumont;(b)is nat personally obligated to pxy tho sums
<br /> secured by thi�Security Inurument;end(c►aHrees thet Lender and any oth�r Burrower may agree to extend.modify.fo�ar or
<br /> ' � make any aocommodetiuns witb reg�+�d to the terms of this Security Instrument or the Note without that Bortower's coreent.
<br /> ,. 13. I.oan Cha�es. If the loun secuned by this Security Instrument is subject to a luw which sets mnaimum loan charges,
<br /> t•: ? ' � and that luw is finnlly intarpr�eted tio thnt the intcrest or othur luan churges collectrd or to be collected in connection with 1he
<br /> � . �� loun excced the permitted limits,then: (ul uny�uch loan chorge shull be reduced by the amount necessnry to reduce the eharge
<br /> �; , „" ' to the permitle.i limit;und(b) uny sumb alreudy colkxted from R�rrower which exceeded permitted limits will be refunded to
<br /> • � � Borrower. l.ender may cha►se to muke thin refwxl by reducing �he principal owed under the Note or by making a direct
<br /> f . � � payment to Bortower. If u refund reduces principal. �he reduction wiii be ueated u� o �+ariia! prepa�mcnt wlihout any
<br /> ; ; � prepayment charge under the Note.
<br /> �' 14.Notices. Any notice to&irn►wer proviJed fi�r in this Se��urity Instrument shall be given by delivering it o�by mailing
<br /> � � it by first class mail unle,y appiicablc trw reyuir�:.usc cif snothcr method. The n�Ki�Y shal! bc dirccted to the Propeny Address
<br /> � '';^';�,.;` . .' or any other uddress &�rruwer designutes by notice ai l.enJer. Any notice to l�nder chull be given by fint clau mail to
<br /> �• �'� � l.ender's address stated hcrcin or any other uddress l.rnder dc+ignates by natirc to&�ROwer. Any notice provided for in this
<br /> " �•���` .. " Security Instrument shull be deem��ci�o have Ixtin given to Borruwcr or Lender when given as provided in this para�raph.
<br /> "i � 15.Governln l.aw�; Severabllit Thi+ Sccuri� Inxtrun�ent �hull fm ovemed h federul luw •rnd the law of the ,
<br /> ' '..;�.�, R Y• Y F y �.
<br /> ;' ���("" , , jurisdiction in which th� Prapeny is I�xuted. In thc evem �hut uny pr�wision or cl:�uxe of this S�wurity In�trument or tFie Note .
<br /> � ..- . • .�, ,eti:�`,
<br /> . � �':, !:. •'�'•,;.•,.;• canflicts with upplicable luw,,uch cnntlict�holl nnt uffcc���thcr pnwi,iom��f ihi.S��curity 6i�trumcnt or thc Notc which ran be
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<br /> given effect without the ccx►tlicting pmvisi�►n. To Ihis end the prrni�i��os of this Sc�vriry In+trument and the Note are dctilared
<br /> " : . ; • to be sever�hle.
<br /> S : * 16.Borrower's Copy.&�rrower tihall be given onr r��nti�rmed cop} ��t thr Ni.tc anJ iit'this Se�uriry Instrun�nt.
<br /> •1 i'. � • form 3028 9190 `
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