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<br /> --- � piYmu�u may no lonper bo toquirad,at the option ot L�kr.if mort�a�e inwru�oa wvan�e(iM tFe a�iraunt�i�
<br /> dat i.ader roquira)provided by m inwrer�prnval by Laid�x�fn beoon�aval�bb�nd b ob�ained. Bore+n�e��4 WY
<br /> ! tbe p�amiunu roquired w msitMsin a�ortpQe im�uraooe!n effact,or to p�wlde a low taerve,wKil the roquiraaent tor mort��e
<br /> � ia�ur�noe aidi io�000�duioe wilh my writteo�roemem bawan Bomower rod L�ender or�pplic�ble I�w.
<br /> S.lwp�etloo. La�der or its�eot mqy mdce rearonable enMa upon�nd in�pecti�u of tho Prcpaty. Leade��al1�ive
<br /> pornnwer tatice u thc time oP or prior to an irupection�pecifyln�re�connblo awce for the incpection.
<br /> 10.C�adlon.The pra�eacls of�ny�wud or cl�im for diuny�a. dlroct or conaequa�tiaf. in oonneclion with�ny
<br /> _ :----- � aondemtu�tlon or other�aking of any put of 1he Pruperty�or for oonvey�noe ia liw of aondetrwtba,aro IKnby u�si�aed�ud
<br /> �hali be pid to l.ea�der.
<br /> — - ln the tvaa of a wtsl wking of the Prope�ty,�hc procooda ahwll be�ppliod w the w�rw�avred by thir Secu�ity lnstnunent,
<br /> whethcr or not tha�duo. with Any eaass paid ta Bomawer. In the event of a partial taking af�he Pr�operty in which Iho fair
<br /> market valuo of the Prnperty immediately beforo the taking ic eqwd to or�rcater Ih�n the nnaunt of the�ums savrod by�his
<br /> Secudty Instrumrnt immediately befor+e the talcing.unlesa Borrower w�d L.cnder otherwlse agroe in writiny,the sutro socura!by
<br /> ��� thi� Sxur�ry Instniment shall be roducod by the omount of the pra�oods mulUpliod by tho foUowing fractbn: (A) the total
<br /> � �urwunt oP tlw su�nc coeured immodiately.beforc the taking. divided by (b)the fAir mArket value of the Pcnperty immodiately
<br /> � 6eforo the teking. Any 6alanoe sholl be paid to Horrower. In the cvcrrt of u pnrtiel taking of the Property in which the fair
<br /> i m�rkd v�lue of the Property immedistcly before thc talcing is Iess then Ihe vnount of the suma socural immediately betoro the
<br /> wking. unlesc Borrower wd Lcnder otherwisc agra in writing ar unless applicable Isw ahcrwice provides.the procads shall
<br /> be appliod to 1he sums cecured by thie Security Insuument whether or not the sums are then due.
<br /> __ IP the Property is abandonod by Barrower,or if.afler notfoe by Lcnder to Borrowcr Uwt�hc condcmnor offcrs to make an
<br /> �`'`��s�° award or scttlo a cluim for damages. Borrower foila to mspood w Lxnde�within 30 day�after the dat� the notice is given, -
<br />-�:,' Lender is Authorlxed to rnllect and upply the proceeds.at ius option.either to reuoration or repair of tha PropeKy or to�he tuats
<br /> '' iecured by this Socurity instn�ment,whether or not then due.
<br /> . Unless l.ender and Borrower otherwlse agres in writing, ony applicatian of proceeds to pdncipal shall not eatend or
<br /> •� �ostpone the due date af tl�e monthly payments refemed to in para��phs 1 and 2 or changc Ihe arnount af such paymants.
<br /> '';� I1.Bort�nwer Not Releas��d;Fa�rnnce By I.ender Not A Waiver.Exteaaion of the time for paymenl or moditication
<br /> af amoeization of the sums securod by this Security lnstniment granted by Lender to any successor in interest of Homnwer shall
<br /> . ' �wt operate to reles�se the liability of the originni Borrower or Borrower'a successors in interest. L.ender shall not 6e required w
<br /> ,. cammence proccedings a�ainst any suooessor in interest or refuse to extend time for payment or otherwfse modify ortwrtization
<br /> " of the sums Lecurc.d by this Security Instrument by rruson of any demand made by the origioal Borcower or Borrawer's
<br /> sucassora in interest. Aay farbearance by I.cnder in exercising any right or remedy shall not be a waiver ot'ar preclude thc
<br /> - extrcf�of any sight or remedy.
<br /> �"t.� ,.�t��J�..�,,,;.: 12. Successors wid Assi@r►g Bound; Jotnt and Several Lipbiltty; Co-signen�. The rnvenants and agreements of ihis
<br /> "�*�:°.`.'`�t='s�' ' Secu�ity Instnmknt sholl bind und henrfit the successots und aesigns af l.endcr and BaRawer, subject to the provisions of
<br /> '+�'M-`�� '''� �:��:��•�' paragraph 17. Borrower's coverwnls und agn�ments shAll be joint nnd seveml. Any &►rmwer who co-�igns Ihis Security
<br /> ' •`'.,«•; •' In.ctn�menl 6ut dces nat execule the Nnte: (a) is co-tiigning this Securily Instrument only to mongage,grsint und convey Ihat
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<br /> :. �,� . .x. ,^ Bcirrower's interest in the Propeny uncler the terms of this Security Instn�menr(b)is not personally obligAled to pay the sums
<br /> � �`�""" securcd b this Securit Instrument;and Ic►a rees that l.ender und un other Borrower ma a ree to extend,modi Farbear ar
<br /> .,;�:a.., ;� ��`� Y Y 8 Y Y R fY•
<br />_ ,;�. �,. .: - • make any accammcxiations with regurd to the tern��c of this Security instrumer.t or the Note without�hut&►rrower's consent.
<br /> '' ' ''' " 13.I.apn Chury�es. If the lorn secured by this Security In�trument is subject t�i n law which sets maximum los�n charges,
<br /> " � a���''.�,,,.1, und thut law is finally interpre�ecl x� that the interest or other loan rhurg�z ciillected or to be collected in conneclion with the
<br /> '�'�".' ��� i loan excoed the permitted limit+, �hen: lul uny�uch I�wn churgr.h•rtl lx reJuced by�he luixiunt ne�wswry to reduce the chsu�ge
<br /> ;,,' :�'•'��"''''� to the permittcd limit:and(bl any�um�alre,xfy rulle�a�d t'mm &►rrowcr which rxcc��leJ p�m�ival limits will be rcfunded to
<br /> � � • Borrower. I.ender may chcxne u� muke thi� rcfund by rcduring the prinripul ��weJ under thc Note or by muking u direct
<br /> _ � �„� '`- � payment to Bormwer. If u rel'und reducex prinripul, Ihc rrJuction will be treuted u. u partiul prepuyn�ent without any
<br /> • prepayment charge under�hc Notr.
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<br />_ . „-��• " t4.Nottces. Any nnticc to Bc►rrowrr pruvidcd for in thi.Srrurity Instrument�ball lx given by d�livcring it nr by nwiling
<br /> � • „ it by tirst class nmil unless applicuM�luw reyuire.u.�ol'anothcr m�thal. The n��ticr+hull he direrted to the Pruperty Address
<br /> . . •.�•.,. . or any Mhe� Addrc.� &xwwc� detii�tn�tc� by nutiu ai Lendrr. Any ixnirr �n l.cixlcr shull hc given by first cla+,mail to
<br /> „ ;, '�` I.ender's addrcss swtctil herein�►r uny nther:niJrc.+ l.enJcr dcsignate+by iwtic� �a B�►rr��N�rr. Any noticr pmvideJ ti�r in thi�
<br /> �.,�• ••r• � Security lnstrun�nt shall lx:dcemcd tn huve in�:n given a�&►rn�wrr or l.enJcr whcn givrn a�proviJed in thi�parugrsiph.
<br /> �-'��;�;�-�.���-•�- : 13.Governing I.Aw; SeverAbility. Thi� Sccurity In.�runun� �hall i+� gi+verncd by I'��l�r�l I•rN• and the luw of the
<br /> — �,:c. � juriuiiction in which the Property i+ I�x:�teJ. In tlx evrnt thut uny pravi�i�m iir cluu+c uf�his Security In+trumem ar the Ni�tc
<br /> •+� � '° cnnflicts with opplirublc law.�unc�on0irt.hall not uflcct uther pnivi+ions of thi.Scrurity hi.trununt ur thc Notc which cun be
<br /> +�+';'° '•� given effect witlwut the contlicting prnvisinn. To thi�cnd the pravi�iom ol'thi. �curity histrument und the Note ure d«lurod
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<br />— : � •� ' .. to be xvemblc.
<br />__ � 16.Borrower's Copy. Bnrmwer ahull bc piven anc confarmcd copy of thc i�otc and of this Sccurity In�trument.
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