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<br /> p�okat:ml�y�m loagar�e iequited,at tiie aptia�of I.es�des,if aeortgage insur�ifct oov�('�n tbe nuoant m�fixr the period _�
<br /> th�t lsader �equ�ces)P�ovided Dy m imuter�pp�avad by t.end�er ag�ia beoomes ave�abte�ud es obained.BormMer:hdl psy .
<br /> the praniums raq��ad tQ m�inain mortg+�e inwraooe in ef�`ax.or to piovide a loss ceserve.uutil the c�equireroeat for mortg�e
<br /> . iawr�nee aids in�000rdance with my wriuen�greana�t 6etwetn Bor�ower wd L.endec or�aDle Iaw. � .
<br /> 9.Lupe�ttoar.,I.eoder ar its aga�[may m�ke crxwaabte ent�irs upon and inspections of tbe Property.L�ender s1�a11 give �
<br /> BoErower naice at the time of oF Prior to an inspa�tion.spocifying�na6te cause far the inspe�tion.
<br /> • 1�. Conde�ttoa.The proceeds of ury awud or ctaim far damages.dinct or ooaceqnentl�l. in connocdon with any
<br /> oondemnation or other taldng of any peut of ihe Propeiry►,m for vonveyance in lieu of co�emnatioa.are here6y assigned atd ..
<br /> — st�dt be paid tu L�ader. - . _ ___... . _
<br /> [a tf►e tvent of a towl taking of the Propony.d�e p[oCeeds sf�ll�e 2pplied to�ue sums Sec,utHd by dsi�SeCa�ity ItL�+���t. _-_-
<br /> whethtr or not tha�due.wtth any eac�ts paid to Barrower.In the eveat of a partial talcing of the Property in which the fatr �,:,:.__
<br />=— — m�lcet valye of the Peupeccy immediately before the taidng is equal to or greate�than the amounc nf t6e sumg secured by Wis "�'=-=�=-=
<br />— Seia��iry Itutruma�t immediatety 6efvre the tal�iang,uNess Borrowcr and Leadec otherwise agtee�writing,tht s�ttn4 stcared bY �-'`=--:-
<br /> this Savrity Instrnment sLaU be e+educed by tt�e artaunt of the piocee�s mWtiplied by the folfawing fraction: ta)the total ` �;;�.�---
<br /> amoant of tBe snms savtrd im�aodi�tety befnre the tekiag,dividod bY(b3 the fair marke�value of the P�operty immediatdy �;--.—
<br /> "befone the t�icing.My b�lat�ce stwtl be paid w Hortower. In the event of a partial taking of the Property in wt�ich the t`air �
<br /> �value of We Property immadisUely befon the taking is less tl�an the anwunt of t6e s�s secunad immediately 6efone the • �i�s---,__--
<br /> n i ss.__—
<br /> t�n8.nntess Borrower and Lender ott�erwise agrve in writing or wiless applicable law oth�e+ise provides,the pracxeds shali ,.�}�:__
<br /> — be applied to the sums secur+ed by this Security Instrument•whether os not the sums are tben dve_ � . - _
<br /> If the Prop�ty ics abandonod 6y Borrower.or if,after notice by Leruter to Bocrawer that the condemnor affers to malce an ;''.•=�'--
<br /> --- award or settle a'clai�for dartiages, Bprrower fails w respond to l.ender vr�iin 30 days a&er the date the notice is given, '�':'"`"�
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<br /> __._--��� Ltmer is autlmriiod to collect and apply the pro�eds.at its op6on,either W r�s�.'�ion or�pair of the Property or to tl�e sucns - � �; -:_
<br /> --- = secnred by this Sxurity Instn�meat,ahether or not then due. �:,=__ ` �."�,�,
<br /> Unless Ixnda and Borrower atherwise agr�e in writing, any appliratieW^.qf pi+oceeds to principal shall not extend or � :
<br /> - — postpone the due date of tha monthlY paymenu r�e��:?�tu in pazag�aphs t and Z oz change the amount of such payrt�ents. � :�`�T��,
<br /> -- 11.Borrower Not Rdeased;Forbexr�noe E��.eader No!st W+tiver.Factei�sion of the time for payment or modification . � -
<br /> - af amortization of the sums secured by this Seeurity Instrument granted 6y l.ender ro any sncoessor in interest of Borrower shap . �`�
<br /> �: ;,:�— not opetate to Yetease the flability of the original Borrmwer or Borrower's successors in-interest. l.ender shall not be required co —__--- __
<br />��, commence proceedings against any saccessor in interest or refuse to extend time for paymeat or otherwise modify amortization , _ _
<br /> _ of the sums securod by this Security Instrument by reason of any demand made by the original Bormwer or Borrower's �j'� -��: =_
<br /> �-:��:��-•<::- successors ln interest. Any forbearanse by Lender in eaercising any nght or remedy shall not be a w�-c�r.of or preclude the. '� - �
<br /> �:�7...,.�'; exercise of any right or remedy. ";.` � `_
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<br /> � . 12. Suovtssors and Asdgas Bound;�otnt aad Several Liabifity; C�-s�ners.The covenants aird agreements of this • ;;'d�`''°_�:-
<br />.� :. Sxuriry Insdument shall bind and benefit the successols and as.signs of L�:r and Borrower, subject to the provisions"of •:;��;;:}�.�,;
<br /> �� �.''� paragraph 17. Borrower's covenants and ageemerns shall be joint and scti-c-i�l: My Borrower who co-signs this Security =,;�.- -�
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<br /> .� .�,� �,:�.... Instrum�nt but daes not execvte the Note: (a)is co-signing this Secvr�ty In_�-u�at on{y to mortgage.grdmt and eonvey that '�=���:= �
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<br /> �''`!y�l., 8arrower's iuterest in thc Ptoperty under the temts of this Security lnstrume.-�;���)is not personaily obli�ted to pay the sums � _ _
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<br /> `�v•,�'-;... ,. w.;•: - secured by this Security Instrusneni;and(c)agrees that Lender and any other Borcower may agree to extend,madify.forbear or �-�
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<br /> ������,�...;;,�;,�s� make an y accommadations with regard to the terms of this Security Instrument or the Note withaut that Borrower's consent. �. �__
<br /> ''�;,.:.'�"'�"������'!`; 13. Loan Charges.lf the loan seeured by this Securiry In.mument is subject to a law which sets maximum loan charges, ' :'�,.��-,�.,-'
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<br /> �'%�'1 �=` and that law is finall inte reted so[hat the interest or other loan char es ca£fz�xted or to be coltected in wnnection with the � ' • ''�'
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<br /> ,;_.���� toan exceed the permitted limits,then: (a)any such loan charge shall be redu:��by the amount necessary to re�uce the charge }:
<br /> •°'Y 'f'�;.. to the permitted limit:and(b)any sums already callected from Borrower whi.fi exceeded permitted Gmits will be sefunded to , r �� . -,.
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<br /> r> � '"' .�;�•:- Borrower. Lender may chaose ta make this refund by reducing the princi�a! awed under the Note or by making a direct _
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<br /> ''� �-��'� �'�'�j� � payment to Borrower. If a.refund reduces principal. the reductian will � t�eated as a partial prepayment without any � . .
<br /> ,�"�' � f ��� P�Y�ent charge und2r the Note. ' ' ;: -
<br /> " :�''';;',`���`� 14.NotiCrs.Mr�n9uce to Borrowcr provi���t t"or in this Security Insau!r��t shall be given by delivering it ar by mailing �� . . , �
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<br /> �l . �!•.r...�.. � it by firs�slass mail untess applicable taw requires use of another methad.7'E�e noticc shall bc directcd to the Property Address y�;:,�;c
<br /> ' '���''`'�'' or any azfier address Borrawer desi•.�ns b notice to Lender. Any notice ta I.ender shatl be �ven b first class mail to ?�?.:,�
<br /> � Y s y '� '•�'1'.�'�.tr.��f�—
<br /> • •'�- L.ender's address stated herein ar an� ather addrea�Lender designates by notice ta Borcower. Any natice pravided for in this k .,: . •
<br />`�� ��_ Security lnstrnment shall be deemed to have been given to Barrawer ar Len��r•'w�hen given as pmvided in this paragraph. � ! .� •
<br /> - —=-='y�"� 15.Coverning l.aw; Seven�ility. This Securiry instrument shall.be b-ovemcd by federal law �nd the taw of the f' '-
<br /> �, �� 1 jurisdiction in which the Praperty is locatal.ln the event that,any pruvision oc Ctause af this Security Mstrument os the Note �� .• .�; �
<br />= �; N:� • oonflicts witt�applicable faw,such a��ict shall not affect uther pravi4ians af thiti Security lnstrument or the Note which can 6e E. . ..°
<br /> ' ;-w�;;: given effec�without the conflicting�rovision.To this end thc pravisian�ai ihis Security Instrumen�and the Note are declared ! _ .
<br /> � `�� to be severab2e. � � I � �
<br /> 1. 16.Borrower's Co�y.Borrower shall be gi�ero oc�e conformed copy of the Nute and of this 5ecurity lnstrument. '- ; � '. • . .
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