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<br /> �t the opt�on nt l,eader, it mort�a�e ineuranoe oaven�e (in ehe�mount �nd t�r the period ttut Lender rdquira�)
<br /> provlded by�n lmurtt�ppcoved by Lendar apin b�ooma�vail�ble ind i�obtainrd.Borrowor slull p+y the premtumt
<br /> roquJrod to m�int�ira monpae ineunnoe in ettect,o� w provide� lo� raetwe, until th�requlrom�nt for rinorepp
<br /> itwutinoe en�t fa�cuo�ana Nith sny wriiien��re�ment betwwn Bnrrower�nd I.aKkr or�ppliubio isw,
<br /> 9.la�p�ctiaa.,�.ender w ia�ent m�y m�ke re�sonable�nt�iae upon snd in�pectioiu ot ehe 1'roperty.I.,etxfa dull
<br /> �iv�linrrawer nrnict��t thc�time of or prior ta ao in�p�ndon�p�cifytn�reuomble cau�e tor the in�peation.
<br /> 10.Condtmaseina.The�ot any aw�td ar cldm tor dama�ai,direct nr con�equenti�l,in wnnection with
<br /> my condemnatlan,�oe ath�r tak n�of�ny p�rt ot th�propKty�or tor vonveyuux in lieu ot c�ondemnadon,u�e hereby
<br /> --�—__�_____.__, �i�ned�nd ahHll bt�id to l.ender.
<br />_ In the�evan�ot ct toal takin�at tha Property.the proceed�nhall be appited to the eums sec�und by thia Socurfty
<br /> ; [nstrument,whuttwr or not then duo�+vith�ny eyca�e pid to Botrowec.In the event ot a p�rtid takine ot the Property in
<br /> _— whtch the t�ir mtrSc�Qt value ot the PropGrty immedisuly before the ta{:In�is equ�l to or�rrater thsn the amount oi the
<br /> = eums eecuirod by thin Secucity Inetrument immedi�tely betoro the takin�,unloss Borrower�nd Lender otherwiee a�roe
<br /> - in writinQ.ttw sums�eecured by thie Sxurity lnetrument shatl be reduced by the imount ot the pra�eede multipltod by
<br /> -- the followin�tr�atiom:(a)the tatal amount ot the aums eecured immediately beforo the ts�inr,divided by (b)tho f�ir
<br /> �" —¢°"�� "Y`�""""'°�' market vslue af tha Property immediately betore tha talcln�.Any batance sh�ll be psid to Borrower.In the event oi a
<br /> � = parti�l Ukin�of tht property in Nhich the la�r market value of the Propecty immedittely botore the takin�ic lesa than
<br /> the amount ot tho sums exurod immediauly be[ore the takin�,unleae Borrower and Lendor otherwise+�ree in writine
<br /> -- or unleae �pplicabte law otherwise providos, the proceeds stull be applied to the sums axured by this Security
<br />'''�`� - � Instrumentwhe:thar�or not thasume�ro then due.
<br /> �_`��-��=�R If the Prop�ert}•is sbrnvJorM:d by Borrower,or ii,after notive by Lender to Bormwer thit thc condemnor offers to
<br />- -= make an award or,mettlo a cl�im fo:dami�as, Borrower fails to respond to Lender withi�30 days afur the date tho
<br /> � notice ie�ir•en.Ianc3ar is authorizal!a callect and apply the proceeda,at tts option,either to rostontion or repair of the
<br /> �''-�''� �� ' Pcoperty or to the sums eecurad by this Securlty Insuument,whether or not then due.
<br /> •f,:�,��;',���r;. Unlese L.ender and Borrawer othcrwise agree in ariting,any application oi proceeds to principal slull not extend or -
<br /> �: '� ,_w f,, postpone tMs duo c�t� ot the monthly payments roterrod to in para�raphs 1 and 2 or ch�nge the amount of such _
<br /> • ',��'�;;�r�i��' PaYmenUS.
<br /> , �''j'� �;;�,-;�•��� '• I1. Borraaar Not Relossed; Forbearaace By Lender Nat a Waiver. Exunsion oi tho time tor p�yment or
<br />;��.`;:;. '�,. ,:!�1; moditication of u�nortization of the sums sxured by thia Security Instrument grantad by Lender to any auccessor in
<br /> " � - ' •�•1`" interest of Bornn+�er ehall not opecate to rele�se the liability af the orieinal Bonower or Borrower's succeseora in
<br />,� ' � �� m`'�'�"'''" ' inurest.T.en�er shall not bo uirod to commence roceedtn a uinat any successor in interest or refuse to extond
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<br />__�=;,.�f �p; � time for p�yment or othrrwiae modity amortization of the sums axured by this Socurlty Instrument by re�son ot any
<br />.�___� • �r����S"�r t•' '`•:,•�� demind msde by the ori�in�l Horcower ar Borrower's successors in interest.Any forbearance by Lender in eYercisittg -
<br /> �Y �; r -� any ri�ht or ree�iy sha11 not bo a waiver of or prealude the exercise of any right or remedy.
<br /> — ;�;i�;,.:;• �:.;: j9.succ�s�vrswu�3 A$�i��s Ba�z►d�3aiai aad�ovcsaD Liabiliiy:Ca-si�nass.Th$coveasats and agmments
<br /> r ,. .::,�:',��r; of this Security ic�atrument ahall bind and be�iefit the successors and assigns of Lender and Borrower,subject to the
<br /> � �;E?�`;�=;' '�•�� � ��' provisionc3 of pwragraph 17.Borrower s covenants and agreemente shall be joint and severnl.Any Bomowa who co-si�ns
<br /> `;''`j��;�, ;. . �, this Socurity Insttument but does not eYecuu th6 Note: (af ie co-signing thia Security Instrument only to mortgaYe,
<br /> '!:-:r'""',.`..�:. ,' . � grant and convay thit Borrower's interest in the Property undcr the terme of this Sxurity Instrument; (by is not
<br /> �'�.;.�.•; , .� personelly oblignted to pay the sums secured by this Security Instrument;and (c) agrees that L.enddr and any other
<br />= �' ���' � Borrower may agroe to extend, madify.forbear or make any accommodations with n�ard w the terma of this Sxurity
<br />' - �� ��' lnauumentor thv Note without that Borrower's wnsent.
<br /> .. ' 13. Loan Cbar�es. If the lwn secured by this Security Instrument is subjoct to a law which sests maximum la�n
<br /> '^'ti'�°-"• ' �� charges,�nd tlwt taw is finally interproted so that the interest or other loen charges wllected or to be wllxted in _.
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<br />.,�r�' ,;,:�-,:;' . ."' connxtion with the loan exceod the pecmitted limits,then: (a)any such loan charge shall be reduced by the�mount
<br /> - :•�' nocaesary to reduae the charge to the permitted limit; and (b� any suma alrcady coliected from Borrower which _
<br /> ''r`�"��' �� � excoeded rmitted limits will be retunded to Borrower. I.ender may choosc to make this re[und by reducing tho -
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<br />. �. principnl owcjd under the Note or by makin�a direct payment to Borrower.If a refund roducaa principal�the reduction
<br /> : ����yy�:.., � • wiU be uc3eud�.v a parual prepayment without any prepayment charge under the Note.
<br /> `�" A 14.Noticoa.Any notice to Borrower provided for in this Security Instrument shall be given by delivering it or by
<br />- �''`'��' � mailin it by first cl�mail un3ess a licable law uires use of another method.The notice shall be directed to the
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<br /> 'i� �••y :. Property Abdrecs or any other address}3orrower des�Enates by notice to Lender.Any notice to Lender shall be Qiven by _
<br /> � '�•!�+�• � -• first class mail to I.ender s addrcss statad herein or any other address Lender designates by notia to Borrower. Any
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<br /> -,; ' � '•�: notice pro�idsd for in this Security Instrument shall be deamed to have been given to Borrower or Lender when given _
<br /> ``}` S.R�:�'':...-,� as provi3ed in this paragraph.
<br />`':'.`�t� "��=��^�' 15.Governin Law;Severability.This Securit Instrument shall be overned b federal law and the laa of th�
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<br /> -"''� jurisdictiuoi in which the Property is located.In the event that any provision or clause ot this Se�curity Instrument or the
<br /> - —`-"'�'-` Nou confiic�with applicablo law,such conflict shaU not attect other provisiona of this Security Instrumet►t or the Note
<br /> __ =��,"`Y�"= which can ba given etfect without the conflicti��provision.To this end the provisions of this Security Instrument md
<br /> '�ri„�` s�;_.;.,.._ the Nou are decl�rod to be sevenble.
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