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<br /> paymentc mqy na lon�e�be roquirod.u the option nf Lcnder,if mort�a�e insunuu:c c�ver�c(in th�anxwnt and for the perlai
<br /> tiut l.ender requircs)providal by an Iruure�approved by C.ender�ain baomes xvallnbie rud Is obtained. Horrowcr�tull py
<br /> the prcmiurns requircd to m�inWn mott�a�e i�uurance in effoct.ur to provide x losn racrve,undl the rcquirema�t ior awrt�ye
<br /> incuruwe ends In accordance with any written a�{roement betwxn Borrower and Lender or appliuible Iaw.
<br /> --- ---- 9.L�pectiou. Le�Klcr ur Ns u�ent rrwy m�l:e rc.�uo�wbla entries upon�uxi inspecHc�ns of thc f'ropccty.L.CIWCf SIWI �IYC
<br /> Borrowu notice�t the dme of or prior to an inspoction cpecifyin�rcasonablc cause for the inspectinn.
<br /> 10.Got�drn�tu�tion. The procads of�ny aw�rd or clalm for damages, direct ar consequential, in connection wilh any
<br /> � -' condemiwtion or othor wkin�of w►y pert af thc Property.or for rnnveybnoe in lieu of condemn�tic►n,arc her�cby�.►siYned �nJ -
<br /> cFwll be�id to L.ender.
<br /> _ In ihe event af a total taking of the Property, the proce�ds shall be applled ta the sums securod by this Security Instrument,
<br /> whdhe�ar not then due, with any excess paid to Borrowcr. In the event of a partial taking of the Pmperty in which thc fair
<br /> market value of the Properry imm�diately before the tnktng is equ�l ta or gresiter than the amount of the sums sccurod by this
<br /> Secudty Instrument immodiately before the talcing. unless Borcawor un�l I.ender aherwise agree in writing,tlu sums secured by
<br /> -��"°� this Security Instrument shall be reduced by the amount af the prxuxis multiplicd by the fotlawing fraction: (a)the tcxal
<br /> amount of the xums securcd immodiatcly befon the taking,divided by (b)the fair market value of thc Praperty immediYtely
<br /> beforc the taking. Any baluncc shall be paid to Bonower. !n the event of a partial wlcin�of thc Property in which thc fair
<br /> markct valuc of the Property immodiately beforc the tnking is Icss than the amount of the sums secured imrn�iutcly beforc the
<br /> --'-' -- taking. unless Barrower and L.cnder otherwisc agree in writing or unless applicable law otherwise provides,the prc�ceeds shalt
<br /> be appliod to the sums secured by this Security Instrument whether ar not the sums are then due.
<br /> _ . -- If the Property is abandaned by Barrawer,or if,after natice by Lender to Barrower that the condem►u�r offc�s to moke an _ _
<br /> award or settle a claim for damages, Hnrrower fails to respond to Lender within 30 days after the date the notice is given.
<br /> ,'F; L.ender is authorizeJ to collect and apply the praceeds,at its option.either to restoration or repalr of the Property or to the sutns
<br /> - ` �c°�'' `� secured by this Security Instrumcnt,whether or not then duc.
<br /> ���r�'``}�'."=,"'` Unless I.ender and &irrower atherwise agree in writing, uny application of procecds to principal �hall not extend or —
<br /> ,.,��� ,;,, ,�;� postpone the due date of the monthly payments referred to in p�rugraphs t and 2 or chunge the amount of such payments. _
<br /> ���-�.� 11.Borrawer Not Released;Forbcarance By Lender Not a Waiver.Extcnsion of the time for payment or modification
<br /> �r�;,.�;;;a�,�y af amortizatian of the sums secured by thiti Security Instrument granted by Lender to:u�y successor in interest of Borrowcr shall
<br /> - ":�;"':���.`= not aperate to release the liability of the original Bormwer�r Borrower's successors in interest. i.ender shall not be rec{uireci to
<br /> ,r.;-�,.�.:•. �
<br /> ����:�k":`�. . commence proceedings asuinst any succeswr in interest or refuse t��extend time for payment or otherwise madify simortitation
<br /> � ���`•`"" � - of the sums secured b this Securit Instrument b reawn of an demand made b thc ari in•rl BoROwer or Borrower's __
<br /> i.=t.�-; .���.` Y Y Y Y Y B
<br /> .��,�. succe�wn in interest. Any forbearance by L.ender in exercising nny risht or mm�dy shaU �ot be a wAiver of or preclude the
<br /> �� "�,•:-r.°:='':'�: exercisc of an ri ht or remed � �
<br /> :';�,• •---- Y 8 Y•
<br /> 12.Successors and Assigns Bound;Joint and 5everal Liability;Co-si�ners. Thc covenants :►nd ugreements of thi�
<br /> ' :��..�:. .y.�..• Se�:urity in�trument shall bind and benefit the ,ucce+sors and assigns of l.ender Atxl Burrower, subject to the prcwision.r of
<br /> " • paragr:,ph 17. Borcowcr's covenants and agrecments tihaU bc joint and +everal. Any Borrower who cn-signs thiti Sccurity
<br /> • , •• • Instrument hut daes not execute the Notc: ta) iti co-siEning this Security ln+trument only to mortgage, grant and convey that ---
<br />_ �. &�rrower's interest in the Property under tlie tenns of thi,Security Inrtrun�ent:(by i,nut penonally c�bligateJ w pay the sum. �-��_
<br /> •° xecured by this Securiry In�trument:and(r)agreer that L.ender anJ any other Borrc�wer muy agree to exte�d, mc�ify, forbeur or R''
<br /> __ :+,;;ti: • _ , make any accommodations with reFurd tc�the ternu of thi�Security Imtrument or thc Note without that Borrou•er'.con+ent. �• -,.
<br /> .�� 13.l.oan Char�cc. If thr loan�erureJ by thi�Serurity Intitrument is whject to a lau•which sety maximum loan charges, a,;
<br /> � unJ that law is finally intcrpretcd tic►that thr intcrrtit�>r othcr luan chargrs a�llcrtcJ or to hr collcctrd in conncction with thc �--
<br /> -�� loan exceecf the permipcd limit..then: (u)any �uch loan ch:u•gr.hall t� rcdured by thc amount ncressary to rcJure the churge
<br /> _-.�� ,,� �'�:
<br /> ��.' ."".,.: . to the permitted limit:•rnd th)any sums ulreudy r��llectcJ frnm &�rrowrr whicb cxrrcdcd pem�ittrd limit�will he rel'undeJ to �=�
<br /> &mowcr. Lcndcr may ch�wsc to makc thi. refunJ by rcducing thr prineipul owcd undcr thr Nutc cir by m•rking a dircct �--
<br /> '`"""'s`" ". payment to &�rrower. If a refund reJucc� principal, thc reJuction witl be treatcd uti a purtiat prepaynxnt without any ����
<br /> r,c._
<br /> �, � prepayment chargc under the Note. ---
<br /> a�• . 14.Notires.Any nuticc tu&irruwcr providca for in thi�Srcurity Intitrumcnt .h•rll Ix givcn by dclivcring it or by nwiling --
<br /> it by fir�t cluss mail unlc.r,applic•rMr law rcyuirc� u�c<�t'a��othcr mcth�xl. Thr nntirc�hall Ix dircrtrJ t�thc Pruprrty AJcJrc�s —=
<br /> ur uny uthcr udJrc�� &�rrciH�rr ar.ignatr. hy nuticc a� I.rnJcr. Any n�►ticc tu I.ruJrr .hall tk givcn by fir,t rlati. n�il to �
<br /> ` ;:.:: L.e n J�r'ti a J J r e s+ .t a t c d h c r¢i n i�r;t n��o t h r r a d d rc s� l.e n dc r Je,i�.na t e�h y n u t i c e t u B o tt u a•c r. A m n u t i c c p r o��i d c d f u r i n t h i s
<br /> �: •' . Security lntitrumrnt�hall hc dccmrd to havc b.en given tu Bi►rrowrr ur I.endcr H•hen gi�•cn a�pru�•�dcd in thi�paragraph. �-�
<br /> �•�•- IS.Gmcrning Law; tievcrabiliq•. Thi. Srcurity In.trmnrnt .hall Ik gnvrrnrJ hy frdrral la�+• anJ thr law of the
<br /> . . '.,�„-�r�' , juri�Jiction in which the Pr��perty i� I�xuteJ. In thr evrnt that any pruvi.iun�u cluu�e uf th�.Srcurity In.trumrnt ar thr Nate �;``
<br /> �, ronflictti with upplicablc law. tiunc�onllict�hall nut ufl'rct�ithrr pri�vi�ions nl thu Securiq•Instrumcnt or thc N�,tr which ran hc
<br />`- given effect withiwt the cimflirtiug pruvitiion. To thi�rn�thr pruvi.ion,ul A�i.Srcuriry Ittmtrununt and thr Note arc dcclur��l
<br /> -- ! # Il1 f1t SCVC(:th�l`.
<br /> •� ; + 16.Borrower'x Cup��.Borrow�er xhall hc�i�•en nnr�unfi�rmeJ ropy uf Ihe N��te anJ ut thiti tiarurity In,trument.
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