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<br /> - F���Y ao loager ba�u�d..at the opttan o�3Rntter.if mongage insur8ane oQVeniBe tin � e�for tfle Feri'od -
<br /> - - - - tbat Lenater requir�}provIded by an iasaner approye.d b3+l.euder�a�nin�eOOmea availaDle aad is ob�d�Bqmnwa'�ta1�.1�Y
<br /> —_- - - ffie pi+�t�ns t+eqn{tad tv mai�ain ruostgage insuisace in e�ct�or ta grov�de a�ass re�ve.aatil�e r�qairem�ut for mottgAge _ , _
<br /> - --==�iv��:��ri�••-°�r�it� : -- ... ._ -�,- _ - --- -- _ -
<br /> - - -_-- --= g.�ospec3ton.Lender oc iss agem m�Y matce t+casom�bte entries apon�and inspections of the�rope�ey.l�ender shaU give�
<br /> — --- --- � Baa�wer notica at tne tta�e of er p�iar to an iaspeaian spedfg+tn8�Cnabie i�se for the ipspoction` < : --- --
<br /> -- --_-- — • 10. �nd�on.'FQe praoeeds of eny awaM a:ct�im for da�ages.direct or o�asequcnHai. in coaaection with any --__ ---- --
<br /> .��� _— ooademaahon or other taidqg of any�art of the Proparty,or for aanveyanoe iti liev of Qandemna�an,s�e haeb�y ess�gn�aad �;�r___—_.�__
<br />� --- aBa116ep�id to Le�tder. < . : . : ` � =` — ^------
<br />`=� In t�teeveaea of a wia!ta4Ic�of�tt�Pm�ecty,t�e gmoeacta shall he applied to the sums secace0 Dy t6is Se�uity Insttament.. _ -- - -_
<br />= __ _ __ ._wbeiher or noi tGe�d�e,with aqy_exoess paid w Borrawer. In the event of a gartisl tatvng of tbe Ptoperty in whicL the fatr -- „�„'�
<br />_� market va[ue of the Pcopeaty immodiatefy before the taking is equal�o or @�atec tUan t�e annount oi�he sams sec�ned6y-�is -- _ _-
<br /> Seauity Instmmeat ii�nediatd�t before the ta&utg,untess Bormwer attd Leader otheiwise ag�ee in writing,tIle suma sacared by �: �
<br /> I� �:��.a.m.�
<br />:-� tIIis Seau�ry inst�meat shail be coduced by t�e emwnt o f the p m c e e d s m u itip l i e d by t h e f o l lo w i n g�fl a a ion: (a)t L e W t a 1 ��--�=_---__
<br /> amuunt of the wms secv�d immediatdy 6efore the raking,divided by N3 the fair marla�t vaias of the Pmge�ty im�ediately �"°�--.
<br />� beface dee takiag.Aay 6alaaoe shaq be paid to Homowa. In the eveat of a partial ta[da8 of the Property in whtch the fair ��
<br />���`-� market vaiue of t�e pmperty immediately befoie the taging is less thaa the amoum of the snms secured immediatdy before tde =—-�
<br />��� - �� - -
<br /> _---- takin$,unless Baaower and Leuder aiheaa+ise ag�ce iu wriwag or�mless applic�ble law atherwise provides,the proceeds s�ai1 �.___ �
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<br /> _���;� - 6e epplied tn the sums se�vred by this Securiry Ias�ument whether ur not the sums aze th�n dae.
<br /> - - If the Roperty.,is aDandoned by Borrower.or if.after aorioe by Lende{�_Bormwe�thai the ooademaor offezs to make an �—��
<br /> � z-��••-�-t awsrd or seute a claim for dacnages, Borrower fails to mspond ta L�a�th.in 30 days after the da�the notioe is given, �����.
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<br /> ePP Y P='v�ds, �� �' �� ,
<br /> �k� �' • Iea�r is authori�l m collect and 1 t�e at its opdon,eitt�et u�e r�ration q air of the , or m the sums 3, .�
<br /> - �-,•����� semu+ed by this Sewsity taswment,whether or not thea due. �. - �;_: � ... � ;'=:�� �. :- �G'`' -
<br /> ,:.� 6 •' Unless I�enQer and Bomnwer atheivvise agcee in writing,.$pY�i�:ini of pxoc+eeds to principa! si�ll nd�_�d or , -
<br /> :;a a ' ���' postgo�ihe dae daie of tde atontLly payments zev�c�ed w in�bs k��i��ange Ette smouat of suc�s paymeats. ��--�-:-_-
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<br /> �,�,�j==;T�` 11.Bon+nwer Not Rdeased;Forhea�sa��j r�L e n d�'Not a W a i v���io�v�s,�e t i m e for��e n t o r m o d i 8 c a t i o n .�-
<br /> $� `�'f•����°"�` af amorti�adon of the sums secured b tHls S Tnstr�ment b �rider�� sLinoessor in s,.�,'^'.a'�st of Bomower shaU "���. — --
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<br /> _�.;,;,�, ��'° � uot operate to celease ttte liability of the original Hormwer or Borrower's see�oessors i��^�st.Lendec s�iail not be�quired to �
<br /> ' �'�=.-°�•'�•,•�,` oo��e saoressor in imerest or zefase to extea�tune for pay�at or oti�cwise modify amortiration `�
<br /> -�_.• :.:�.;;,.,- .., pmoaedings a8ain.�t anY � .
<br /> ':�,c j 4" v ' of tae s�mv.secured by this Security Insaua�t�by reawn of any demaud made by the original Bormwer or Bormwer's '``• '-
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<br /> ;'�r--�t 4�'; ~ `' suooessors in intes�st:Any forbearaace by Le��r in exerdssng any rig6t'��emedy shall not be a vvaiver of or pieclude the �_,,,,. _-
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<br /> - '� ti = :. exeicfseof.ac►yri�.orremedy. � , { , Y,��_.._
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<br /> = �s. i. -„" ..1lZ�..'Suco�sms aad Asdgos Bound;doiut and Sev�a!Liahility! lCo-sigae�a The covenants and a�of this ---
<br /> gae s. � ;:3.
<br />_ '� � �,�...: •�;�;';.:. ' Secu�ay�tcumeau�shall bind and benefit the successors aad assigns.of Lender and Bomnwer,subject to 1}te_�,-�r�ams of ,:`r;*�7���,�.�
<br /> ,�:; i , ' : �saragcapfi 17. Boi���'s oovenants aad agreements shali;be j4im a�ct s..veral. Any Borrower who oo-si�s�t�s 5�c�uity .�fi� ,�,�;
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<br /> Instrument but daes uoF execute the Note: (a)is oo-sigaing this�Se�vricy ltri�aument only to mortgage.�t and o�vey that +�•
<br /> ` x - Borrower's interest a��e�Property under We te�nns of this SeSw�ctY Insuq�'",.�t:(b)is not personally obug��red w psy"the sums �;-ti �;�`;:
<br /> - • ` -;:.1�,, sec�i+ed by this Security Instnim�t;a�d(c)agc+ees that Lead«r and any othei Borrower may agree ta exte��,mod�fy.�oa3�ear or �,��S-�,� ;
<br /> .N�_ •,
<br /> s ; - .:���'.�:�- make a�+aocommndations with regand ta the terms of tLis Secuuty Instr�ment or the Note without that BoR+oRer's caz�nt. ,� ,�ah���.i<<ti;rt�.
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<br /> • . , 13.Loan Chatges.If the loan secured by this Securiry Insuument is,subjact to a law which sets maximur�i toan chatges, ��•��:^;�'<`°
<br /> + ' and that law is fina!ty iaterpreted so that the interest or other toan charges oollected ar to be colleeted in connection with the ':' `� •. :
<br /> t '�� � Ioan exceed the per�mitted limits,then:(a)any such loan charge shall be neduced by the amount necessary to reduce the ctiarge � . ` "''
<br /> }( , .����� .. � to the p�mitted litnit:and(b)eny swns almady oollected from Borrower w5ich exceeded permiued limits wiI[be c�fuRded to �.•� . ��
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<br /> ` ,., .�;.- Sornou.,s. I.ender may choose to make this refimd by reducing tde principal owed under tAe Note or by matdzg.a direa �":'t�,;,;.;;''.
<br /> ..:''s"�:'.;,: . � pnr�r�nt to Horrowec. If a refund neduces principal, the reduction well be veated as a partial prepay�nent Ai�'�t any ' ,. .
<br />- �� `• •� prepayment charge under the Note.
<br /> •� ;•�� �°`� , 14.Nottces.Any nodce to Borrower provided for in this Security Instcument shall be given by delivering it or by mailing .• . .
<br /> ;... _.... _.
<br /> - -.,�>. it by 6sst ctass maii wiless applicable law reqaires use of another method. The notice shall be directed to the P�vpe�ay Address ..,,,.L,. ����. �
<br /> : P.� � . "�:?.... �. � - .
<br /> or any ather address Bortower designates�y notice to Lender. Any notice to Lender shal!be given by first class mail to '��';.��;��;�•:,�. ..
<br /> +,�• : ` ' Lender's address stated herein or an other addiess l.ender desi nates b notice to Borrower. M noti� rovidad for in this :•`���`'$��`;.�• •�: �
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<br /> � , ` � _ � Security Instrument shall be deeme�to have beea given ta Borrower or l.ender when given as provided in this paragraph. ':•''}��r:'�r' •�< ..i;�.
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<br /> • 15.Goveming I.aw; Severability. This Secudry Inswment shal3 be govemed by federal ia�v aad the law ofthe � ���`�E� ''�` •'�':`
<br /> "+,� � �' . jurisdi�ion in whicb the Property is located. In the event that any provision or clause of this Security instrument or the IVote :<��:'";���,�' ,•��'
<br /> +� " ' � conHicts witb appticab2e law.such rnnllict shall not affect other provislons of this Securiry Instrument or ttte Note w�hieh can be `'�'??�
<br /> � • �`. '�;;��;;�
<br /> :` �� � . . '�)� . given effea withou�the oonflicting pmvision. To this end the provisions of this Security Inst�ument and the Ivo[e am dectared . , ; .
<br /> -; z,•:.'' �.. to be severable. �
<br />-..?�, ��� '� ' ��. I6.Bora+m��cr's Copy.Bomower shall be given one confortned copy of the Note and of this Securiry dnswment. `" . . . �`
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