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<br /> • .� - puyments may n�►langct be rcquircd,ut the opiion af I.ender, If mortga�c imumnce�(in the nmaunt nn far the pertad ,, `� �w ,�qx
<br /> . , . . that l.ettdcr rcyaircw)providcd by un insurer approved by l.cnder aguin becnme.s uvnilabie und ts obtninecl. Barmwer shnll pay �j�`���.�-_-�
<br /> ', •� the premium�rcquired to maintaim m�rt�o�e insumnce in effect,or ta provide a loss reserve.until the requimment for mortgage ,-t���•=r,1r,P.=-„-.��__
<br /> � insurnnce endti in uccordance�vith uny wrtuen ugrcement between Borrower a►td l.ender or applicubic luw. .,j;�-�-�,
<br /> `r, 9. Inspcctton. L.cnder or its agent muy uu�ke reasonable entrie.c upon und inspectians of thc{'ropecty.Lectdcr shall�ive .; .-�.,,s•___
<br /> Barn�wer untice ut the time of ot priar ta a�i impection specifying rcusan:ibte cause for the in�pection. �`'
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<br /> lq. Conaemne�tEon. '1'he pmccr.cls o�a�ry uward or duim for dumuges, dinect or consequentiul, in connection with uny "•, •�;+rt¢ _ ,
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<br /> rnttdemnuUan or other taking of uny pan of the Propetty,or fur cu�wry:inue i+i iieu of cundcm��aiian.a�e hereby assigned and ...,_,..,... ,
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<br /> .- -.- - �hnil h��+aid to l.cnder. `':•���;��:=r`��-_
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<br /> _. _ _.' _ In the event of a tatal tnkinR of the Property,the procceds shall be apptied to the sums secured by this Security Insanmem. -�;�is2,.��,��
<br /> whcther or not then due,with any excess puid to Barmwer. ln the event af a partiul taking of the Property in which the fair .�. �;;�__-
<br /> �� �•�.�,`�:_
<br /> murket value of the PropeAy immediutely befare the taking is equal to argreater than the amount of the sums secured by this ± ` `` ��--
<br /> S�curity I�strunient immediately before the tuking,unless Borrowe�and Lender othenvise astce in writing,the sums serured by , ;.y��"�.`._.__
<br /> � e4�is Securiry Instniment shaq be reduced by the amount af the pnx�-ds multipliod by thc following fracdon: (a)the total ���"-""�'�� �.-
<br /> �:i...'�++ `,','�vy:�-------
<br /> amount of the sum.ti secured immediately befom the taking, divided by (b)thc fair mnrket value of the Property immediately ,:;,._;r.h•_�._��._
<br /> hefare the tsiking. A�y baPaROe shall be paid to Rormwer. In the eve�t of a partial takins of the Property in which the fair ',;.��,'^°_--""' ---"
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<br /> market vulue af thc Propxuey imcnediately before the tahing is less nl�an cdcannount of the sumc securcd immediutely before the ���;,�_;;:---
<br /> talcing, unless Bocmwer av�d l.ender otherwise agree in wridng or�enless appHic�ie law othenvisc pn►vides,the p�aeeeds shali R _.-_—
<br /> b�c applied to the sums ucvered by this Sticurity Inswment wkeether or rmu ihe sums are thcn due. :A�a __
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<br /> If thc Pmperry is abandoned by Borrower,or if,after aotic�r by Lemdcr to Bflrrower tQ�at the corzdemaor offers¢o maLce an •.�,•• ,;•,.� ��•.
<br /> a�vard or sestle u claim for damages. Borrower fails to respon�tc� l.e4 z der�vit hin 3 0 days a 9 iec t he d a t e t h e e t nt i c e i s gev en. - ;... ,, �:;��� �.,,��
<br /> l.ender is aulhorized ta ca�lect and apply the proceed,,at its vption, eith�r to restoration or repair of the Property or to the s�ms . - ?!�'''��`�"'°�`
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<br /> seruc�i by this Security Irnstrument,whether or not then�iue. '``'` rt�`
<br /> Unless l.eader and �orcower otherwise agree in �vriting. urzy ap�pliraxion wf pracceds to principal shall not extertd or �_ ' ���_=�-
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<br /> ,. postpone the due date of the monthly pa?•ments referted to in paragraphs 1 and 2 or change the amount of such payments. 'w ��"�'��,.
<br /> I1.Ba�rt+o��ea�Noi I2eleased:For�earance By Lender Noi a �1'�aver. Extension of the time for payment or modificacion .. ,r�`�•"`�" ---
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<br /> � , of amonization of the sums secured by this Security Instrument granted by Lender to any successor in interest of Borrower sQiall �`%��,.,,�•,.�;_x.
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<br /> not operate to release the tiability of the original Borrower or Barrower's successon in interest. L.ender shall not be mquired to �:•:+: �s="_-x^-�--�°^'-
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<br /> � �bmmence proceedings against any succe�sor in intercwt or refuse to extend time far payment or otherwise modify amortization `'k'.'� :-------- __
<br /> ' of the sums secured by this Security in�trument by reason of an demand made b the ori inal Borrower or 8onower's .'''�`�,t`� = ����f�� ''
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<br /> ` succecsors in intPrcst. Any forbearance by I.ender in exercising any right or remedy shall nnt be a waiver of or preclude the �•', �;;�;��;°%�. ,
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<br /> `;.;,� exercis�of any right orremedy. " t '�+� �'
<br /> ,f,.,, � 12. Successors andl Assigns Bound; Joint and Several Liabil[t}�;Castgners. The covenan�c ar+d agreert�enu of this �'`� � ,��;.
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<br /> , .:. SPCUrity Instrument shal� �+ind and benefit the succcw.usn and assigns of Lender and Borrower, subject to the provisions of . ,::f�,,
<br /> :,,,,� paragraph 17. Bonower's mvenants and agmements shall be joint and several. Any Bormwer who casigns this Securiry �' �' �f•�,-
<br /> Instrument�ua dues not execute the Note: (a) is co-signing this Securoty Inscrument only to mortgage, grant and convey thaa '•"�`�
<br /> ��+�;�`���� Borrower's intcrest in the Property under the ternis of this Security lnstrumenr,(b)is not personally obligateci to pay the sum+ �.s`
<br /> ' ` � secut+ad by this Security Instrument;and(c)agree.r th;�t Lender and any other Borro�ver may agree to extend,modify,forbear us �� j� �,;�,:
<br /> make any accommodations with regard to the tertn�of this Security Irotrument or the Note without that 13orrower's consent. ,
<br /> ` 13.Loan Charges. If the loan secured by thi.Security In�trument is�ubject to a law which tets maximum loan charges, >J,�r'
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<br /> and that law is finally interpreted x►that the in[ereyt or other loan charge� collected ar to be collrcted in connection with the �� � - �
<br /> �;.,�;•� • loan exceed the permitted limits,then: (a)an� �uch loan charge+hall be reciuced by the amount necessap�to reduce the ehazge r���,�,;��y�
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<br /> . to the}xrmitted limit:and(b)any sumc already collected from &�rtuvver w•hich exceeded permitted limits will be refunded to ' �
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<br /> ,�sy�. Bonower. Lender may choose to make thiti refurtd h� reeiucing the prinripal owed under the Note or by malcing a direct ;'�:,� �, '���•--,�_
<br /> '�iy^a?, payment to Borrower. If a refund reduces prinri�c�. the nxiuctian xill bc treated a.+ a partisl prepa�•ment without any �;���;.- , + _�.°-
<br /> prepayment charge under the Nate. ��
<br /> �' � 14.Notiees. Any notice to Borrow•er pro�•ideJ for in thi�Security Instrument tihall be given by delivering it or by mailing •�.__
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<br /> ,;. ;,�f��,,� it by fint class mail unless applicable law reyuire�usr of another nxth<xl.Tha nutirc+hall be dirert��l t��the Propc:rty�Address
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<br /> �, or an�• other address Borr��wer dexignates br nnti:� °� Lrndec Any nnticc t�� LenJer ,liall br given b7• firtit clau mail to •�-�-r...�'.-s�:
<br /> : I.ender'.addrcss stated h�rein or any other addre.s L.�r,�er de.ignatc�. b�nc�tire to ��rr��uer. Any noticr pra��idai (or in this `
<br /> ' �;;,�,, Security Ins!ruertent shal: �e deemeei to ha��e becn given t�i&�rra�►•cr or I.emier w hen gie�n a�pro�ided in thiti paragraph. •��_
<br /> %��� I 5.G maerra Bn I.b 167; S ev e r a b i l t t Thi� Securil In�tnmticrn .hall be gu�'erncd h� 1�dcral law and the law• ��f the �'.'
<br /> • �� ,,��;,:�:.�.•;, g y, �.
<br /> - '',�;�'r,t,�';::�' jurisdiction in which the Property is IcxuteJ. In the e�ant that am pn��ni��n or clau�r uf thi� Seiurit� In�trument a�r the N��te j ��
<br /> ;;;���;f, � conflict�with applic�abl�f.;u_such contlirt>hall na:ate'�,i other pru�i.iom c�f th:,S«urit�• Imtrumrnt or the Note w•hich ran be '
<br /> '�,:?,`' given effect without thr���nftirting pra�i�iun. To t'r.:� rnd the prcn•i+ic�m��f thi� Se�urit� Intitrumcnt an�.t iE:e tiote are declarecf �
<br /> • . to be s�venihle. �
<br /> .j4�: 1Q5.�ce,rrmw�ee's Copy�.&�rro�►er shall bc gi��rn�me c��nforn-.�i..,p}uf clw tiutr and ut thi.S�runt. In.�rumcnt. :, .
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