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<br /> ---� ,` P��4►nQ la�ger b�reqnired.�t sbe�ion of I��der.if mo�tgage inwr�oe oovtr�e Cn the aatiouN apd far ttie paiod �`
<br /> du�t[.endes:�aM��s)Pt'o�ided bY�it�surer appiuvad by i.etder sgatn beeomes avait�ble md u aMaiaed:Boriower s6ill pay
<br /> tbe pcemi�msaequicrd w m�inrain mongage i�ttanoe in effect.a to pm�ide a lass reseive,�wnil the nquimaeat tor m�tg�e
<br /> insurat�a ends in aa�oedaaoe xrit5 any wr�tt��reeine�betwan Bormwer�nd i�ender or�pplic�bic�law. . < �
<br /> �A I�pectbn. Irender or its agent may.malce seasonabh eauies vpon aad inspections of the Property.L�en�er shali give
<br /> 8orrower not#ee at the time of or priar w an iaspoction specifying reason�bte puse farshe inspeccion. ' .
<br /> 10:Coodp�oo.'11ie proceeds of any awacd or cEaim for damages.dinct or..rnnsequential.in connoetion�with u►yt
<br /> — — o�ndaun�tiat or�ti�er taking of aay part o�the Froperty.or for cameyaacc in ticu af condemaation:s�hc�ehy assigaed and� ; _ _ __---._�.�..
<br /> - shali 6t ptid to E.ender. , �
<br /> -- In t1x evrnt of a totat taking of the Property.the pcoQeeds stialt ba appiiad to the suu�seeured 6y thls Savrity iastrument. ------
<br /> -''' wiKSber or not then due, with an axoas paid to Horrower.In the event of a al tatci�of ti�e Peoperty in whicb the.fair -`�`;_--_
<br /> Y R� �:� .-.--
<br />-` _ marka v�lae of tl�e Properry immodiatdy be#ore the tat�ng is equal to or greater tAan the amoaat of the su�s secnred by this -----
<br />-a;,{. Savrity Instramrnt immodiately before the taicing.untess Bomowu aud I.mder otherwise agree in writing.the sums secured by �-�
<br /> - this Security Inspum�tu shzli be reduced b the anwunt of the multi Led b the followin fracciom (a) the tatal �
<br /> Y P� P� Y S �`,-_``--
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<br />- ' unaunt of the sums savnd�imnediauly before the ta�iag.divided bY.(b)the fair marlcet vatut of the Property immediauly �.�•.�---.�_
<br /> '�* befone the talcing. My balance shaU be paid to Borrower. In the event of a paztial taking of the Propedy in whici�the fair �-��.--�`°��
<br />�° marka value of the Property immodiatety 6efo�e the talcing is(ess than the amount of the sums secured immediately before the -�-�.-��__-
<br /> talcin .unless Botrawer aad L,eader otherwise in writin or unless�a licabte!aw otlierwise rovides.the pmceeds shall �p'�-�'v'`�`
<br /> S 88� S PP P .� --5.'��T�-
<br />` 6e appiiod to the sums secured by this Security Instrument whether or not the sums tue then due. �=��.
<br />, If the Pmpeny'is abaadoned by Bomawer,or if,after notice by Ixnder to Barrower thlt the wndaniwr offe�s to maice an ' �;=`.
<br /> ,� . _:�:�;-.
<br /> award or settle.a c{aim for damages,Borrower fails to respond to L.ender within 30 days after the date the nodce is given. - -_-
<br /> � t.eader is�tthorized to colloct aad appty ttie proceeds.at its option,either to restoration or mpair of tUe Praperty or to the sums , � . -
<br /> - secured by this Savrity Instcument,wt�ett�er or uot then due. ' � =
<br /> i Unless I.ender and Borrower otherwise agree in writing. any application of praceeds to principal shall not e�aend or _
<br /> '�'�` �^�LL postpune the dite date of tde mondily paymeMS referred to in paragraphs 1 arid 2 or change the amoutrt of such payments. .
<br /> . ._ :�i.:-.t .
<br /> `�%s.�.: �='��'r` -:: ' 11.Borrovrer Not Relwsed;Forbesranoe By Lender Not a Watver.Eateavion of the time for payment or madifccatian , ,. , ` _•
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<br /> _. •�•-.,�-�-_-•• � � ;-:.r. of amoictization of the sums seeured 6y this Security Insaument granted by I.eader to any saccessor in irnerest of Bonvv�er shall • - - `
<br />. .,.,..�y:t�..iv.;;'. : . ' __ __._',.� .
<br /> � �:,�.,...., �. , nat operrte to release the liability of the original Borra�ver or Borrower's successors in interest.Lender shall not be required to : . :�:
<br /> cominence p�viceedings againct any successor in intec�st ar refuse to extend time fot payment or othenvise modify amortization , �,
<br /> �:�:�.._.: ' �� .��.,,
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<br />' ,� _:� � ..,. � of tl�e sums secured by this Secunty Instrument by reason of any demand made by the original Borrower or Borrower's i:. .
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<br /> -�;;,�. ,��,:�;, , ---- succes.sors in interest. Anyforbearance by i.ender in�xercising anq right or remedy shall aot be a w�ver of or prerFu�Tr the ``"= -_
<br /> ry�r'�' , exer�cise of any tight or remedy. : <�._
<br /> `�'.�°`�'''�'•�'�`.' � lZ.Stkcessors and Assigns Bound;Jofat and Several Liabiltty; Co-signers. 7'he covenants and��eemenu of this �- • =
<br /> � .,��= � ,; Socurily Instrument shall bind and benefit the suaoe«u�s and assigns of i.ender and Baaawer, subject`ta� provisions of - ' �,:�
<br /> `�p��'' " paragrdph 1�. Borrower's covenams and agreementa�s�ail 6e joint and sevrral. Any Borrower who co-sb s this Serarity �: - �
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<br /> - ��=.�'`��" � Lutnunent but does not execute the Note: (a)is co-signiog dtis Security Instrnment anly to mortgage.grant and conce} that � • �
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<br /> �� � Borrowei s interest in the Property under the terms of this Security instrument:(b)is not personally obligated to pay the sums . '
<br /> ��L,yl"..h � . J.
<br /> • � secured by this Sectirity Insuument:and(c)agrees that Lender and any.ather Borrower may agree to extend,madify,forbear or � , ��:
<br /> - ''�"- � "�, �- make any accommadations with regard to the termc of this Security Instrument or the Nate withaut that Boaower s cansent. '�; ' '''°
<br /> � �, � � 13.Loae Clwrges.If the loan secured by this Security Ins�trument is xubject to a law which sets maximum loan charges, f 1.•',:._:. _,'„_
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<br /> `•--' • and that law is finally interp�eted so that the intere�t or ather laan charges c��llected or to be collected in connectian with the � : - t±,,,�
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<br /> ' ~� . loat�excet�the rmitted limits,then: (a)an such laan char e shall be reduced b the amount necess to reducr the char e ; '
<br /> �.a -��:..`'.�:•..�. _ Pe Y• S Y �Y S . .
<br /> , -- _-� • to the permitted limit:and(b)any sums already collected from Borrower which exceedeJ permitted limits will be refunded ta � : ' _
<br /> •.,_�.._ . .
<br /> ' ', • Borrower. l.ender may choose to make this refund by reducing the princip•al owecf under the hn[e or by making a direct : �
<br />. - payment to Borrower. li a refund reduccs principal, the reductinn will be treatecl as a panial prepayment without any �� � �� � � �
<br /> _. ;� :. :•, , � t_. :_:'.._..':: ...
<br /> -�,.d�:� .. prepayment charge under the Note. , i •
<br /> `"��1; � • ' ` 14.Notices.An notice to Barraw•er rovided for in thiti Securit Imtrument�hall be oen b deliverin it or b m�eEin � � � .
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<br /> �.��.•,. :.- .� � it by first elas.c mail untess applieable laiv reyuires use af�nother method.The nociae shall be direeted to ctie Pcoperty Address , .
<br /> '.�7-`�k,.:.: .. . �
<br /> • ���• or any other address Borrower desi�nafes by,notice to Lender. Any notice to E+�dcr .rhall be given bs first ctays mail to ;
<br /> r:• •� � t.ender's address stated herein or any other addre�y l.ender de.ignates by nuticc[o Barrowcr. Any natice provided for in tflis �: �' �
<br />-- .�..i.�pi.��'r :, F. ... .
<br /> ':�y�,,;;;�ti; Security Instrument s6a11 be deemed ta have been given ta B�m�,wcr ar Lendrr when given as pmvided in this paragraph. r :
<br /> '�°�r`•�'�`"•`�� 15.Covernln� Law; Severabllity. This Security Intitrument +hall t►e govemeci by federat law and the law of the ;.� �
<br /> ��yr'�'�`���: urisdiction in which the Pro �s located. In the event tha►an mvisiem��r c)aux vf thi+5ecuril�Instrument ur the Note ' ' �
<br /> "-.r��.:.- J PenY Y P 5 i. � .b.�
<br />,,; ; ' " --� " coaflicts with applicaEs�e 1'aw,such conflict shall not affect uther proti�itiion�c�f t6iti Security Inatrument or the Note which can be ' -. .
<br /> � • �"?,�•'�'•,�� . iver�effect without t[ie monflictin rovision.To thi;end thc rovitiions oi thi.Sccurit In+trument and the Note are declated t , '
<br />-_ �::i.�.�. `�t�� S P P P Y i- ,- _--. -.
<br /> ; �,�,' to 6e ser�ar.,�sle.
<br /> ` .16.Barrower's Copy.B�rroH•er shall be given onc mnfi�rinod copy of the N��te and oP this Security Instrumem. � : " �
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