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<br /> - — ---- °--- P���Y�au 2anger.Q��.�at ehe apid�n'of.i�er,if�aartgage insiir.t�tce cuv��e(in°the�auari.umd far t��ud' _ _____-- -- -
<br /> — =_= tha3 L�r r�)prt�v�slr�ttl by an ins�t�pprpv�by�1er ag�tin 5�o��es�veilable and is obis�i�i So,rm�er s8ta11 paY . .
<br />--_-- -- - — , tha p�i.um9 t�quire�.t�u�inaan utangage iasuran4�ia eff�t.ar to provlde a toss reseave.umit the�ireut�,r�i fas�urtgag�.
<br /> _ - -= insur�c�eads in�xar�to�wiffi aq�iveitten s��'t betw�en Rortower and Lead�r or apFfi�te law. , � .
<br />-- -- --- �:Yas�ti�..Leader ar its ag�at aja3r�m�ilce�reasonab2e eNtics upoa aad'.insp�tions o�f si�Progerty.Le�Atsa21�give � •
<br />___ __._� Borrawer notiae at tHe tlme of ar priur W an irtsg�tioa specifyiug�asonable canso Por the insp¢�on. ' , .
<br /> �' "��- ' : x0.Co�st�mnattc3�Tke praoeeds af s�ay awand or.ct�im foz damages:di�tas��r mo�tential,�in cuia�aion�with�any — _
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<br /> �• , YT�. . condetnnatioa or ot�,ei talQng of aay part af�e Property.or for oonveya�:in Jit�a�af c�udemnatiun,are h�eby assigrted end
<br /> ��� ' "���� ' �� s�a11 be paid w Len�i. �_�_�
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<br /> -�"� ,�-� ��,i= In the event of a total tafci of the Prn � ` . ' . -
<br /> . � � . : , _ . :, . qg , �rtj+,We proceeds si�If�bbapgliad.to t4s�suaQS senired 4y this Seraaiity Instru��t.` -- --
<br /> `" ..• . ,. , whetirer ar noi thea due,with any��cess gaid w.�orrower.In t�tis�ereai�af�a gartiad ta'�ng of tIze Pnnpenyr.in abit�s th�fair< , —
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<br /> r . i-,:-;,:��`:r; masket vaiue of thG Ptag�erty imm�"iately,hefore the ta�g is equat"ta at gneater than the amount of th�sums sewred byn th1�
<br /> .�rt�`�.,_.. :..�,-;� �� ._-a��._.._.�.
<br />- . �.,"�ri�"�� Secvrity Tnst�ume�t immediatety f�fote the taking.nuteSS Borrower�ad I.�ader oilietwise agnee irj writitig,t�e sa�ts secut�d by
<br /> - `=z,:•.:;1��;�;,, tbis Seauity Sns�nt shall be.�eduoed by the amotsni.of tfie praoeeds muitipiied by the�ollowingfi�ctian: ta)thx tatal. �
<br /> r�:�::f�•:��.:::::��`.�: amoawt of the sums secvred immedia�etybefoze the t�g,divIded by(b)the�air maiicei vaIne o€We•Frop�i�adiatety
<br /> �,.�:•�:=`_ ' _° befare ttee.tatffag. Any balance st�a[[��re paid to 8arraiver.In the pvent of a partia! mlang of the P.roperty in wf�icb�t�fair
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<br /> ,:.,.�. .�--� market valas of the Pnoperty i�iatelp befofe ehe takiag is less than the,amonni of t9e sums secured immadiately��z!'core the
<br /> �.: �': .=- '`�,':: '�`i:�i'�'� taking.un:ess Bormwer aa�Lender otheiwise agee in•writing or unless upplicable Iaw othenxise provides;the pmeeeds shaU ---
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<br />-_ `Sk�;,Z_f,-;_'�'�; be applied to the sams secwed by this Secarity Tnsu+�t ivhether or ant the�ms�ere dien dne. . .
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<br /> ,��_" 4.. ;�:� If tD.'PraPestS+is abandaned ky,°Borrower.or if.aftea notioe by Leader�tcf:Soirower that the ooademnor offers w m�kt aa
<br /> `�': �-o.�.� ` award orkeule a claim for clamage�.'iiorrower faiLs to re�pond eo I.ender ici-.hin 30 days after tbe date the notiae is�gVen. • �.;-__
<br />- .`.,; < ' �.eodet is anthorixed w wltax�ag�y the praceeds,at its optiob,either w i�ratioa or�rair of the Froperty�or to 1�s�rns. , -
<br /> - • sea�ued!ry this Seauity Instru�nt.tvh�h�r or not then due. _". - . - -
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<br /> 4_ ,. Untesg Lender and Borrower otherivise agcee in writinS�anY_applic�:c�i2'�??f proceeds to Piincils�t_�S?1I �wt extend or , ---
<br /> :ns:;r�K���:r,;� ne the due date of the montht ents referred to in hs 1 aIId Z oi *
<br /> f� n, P�� Y'�S+m P�P change d�amoum af a,.�ii PaYm�ts•
<br /> I ..�::`,`,����;�✓`��`•';`:-, li.Borrower Not Release�`Fc�sbra�auce By I.eads�No4,ra�Iatver.Eatension af tIi.�t�for payment or moditication -
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<br /> =.:t .<;�_;...s,;`-,,�;:����`'.�.:` of aaiortization of We sums seare��r}s;this Security Insmiment�nt�a!by I.endecto any.s�or in iate�est of Borrower shall
<br /> %��;;;,,;�':�I'`;��`�. ' , not operate to teiease,tbe liabilitg of tHe original Borrower or Eoi�ngw,es'6�ts in inte�st.Ler�,sb�tl not 6e,requinad to •
<br /> `� '; 'i`; :oommeace pmceediir��:inst a�r'successor in interest vr nfiue ta�exoeand tii�fi�ar paymen[or otl�:riirise modify amortiration - _
<br /> {:. ' . ' of the su;ns.��3,s�=�'S3ds Security.Instwnent 6y reason of�auy;d�nan�.#�de by the.ari�ivat&�ro�ver or Bormwer`s
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<br /> �:';i,'�r•• :`' �..< . successots,in�ihtesesr.�:F�,y forbe�auce by Lender in exercisin8�any.�right•or remedy shail a�i be a waiver of or precl�tAe .
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<br /> - ' . exercise of a�sy rig6t i�r�tedy. , ' �_
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<br /> �;``. ' : , . � ' lZ. Saceesso��:�ia���.��ao�ma;ao�t ana sey� L��rry, ,�J�3�s.The covenants and•agreements of this ;.._y-
<br /> . ' Security Insirumem *� I,liiiid and benefit the sua�sors and usigns of I.eiri�#and Bonower. subject to the provisions of _-
<br /> . . ,�'.,�: .; paragapl� 17. Boaowc�r=s covena�.;aad agreemzcits�shall be joint and several. My �qriower who co-signs Wis Seruriry °:�;�
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<br /> � .•� ���r�'r,e Instrum:m bnt does not execute rLe Ai,�r.e: (a) is ca-signing this Secvrity Instrument onIs�'�;�r,�ortgage,grant and vonvey.'that
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<br /> `^, ` ` " �'''�a�s'��� � �OnO`ti'�t s interest in the Property:rr�iij.,the terms af this Security Lutmment:(b)is ncf•,�a�onalty obtigated to pay tb:sums
<br /> . ;'` '`��"�'�`;�:•,<?,;'.;�+``�' secured by this Securify Instnunent:and(cj agnees tliat l.ender and any other Boriuwer m�j�gree to extend,modify.fofiear or '�''
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<br /> make any accammadations with regatd to the tem�c of this Security Instrument Qt•�te Note without that Barrower's consent. •,; f,_;•.t
<br /> �'. •. 13.Loa�Cmmges.If the loan secured_by this Securiry Instrument is suL-�r��:to s law which stis maximum loan charges, �
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<br /> .. . and that law is finally interpreted so that the interest or other l��ix ct�arges col'izcted or to is�collected in connection with;thG �_
<br />- _ -� :-�, '.. , �,-� - loan exceed the pemutte+d limits,then:(a)any such toan ef�ar�sb�l be redaced iry the amcunt n�ssary to redace the ctrr�� --'`°`'�'"��`
<br /> ,� � to the permitted limit:and(6)any sums already calle�xed from Bor'rower wP.i�i?:.exceeded permitted limiu wiU be refuadel�tio • ` . �� '�___�,_�-_--��
<br /> � Borrower. l.ender may choose to make this refUmd�by reducing the princi�i,li.t:+�+ed,under the Note or by making a direcx �� ��-
<br /> � . . • � payment to Borrower. Ii a refund redaoes principal;�the reduction will 6���ri��3 as,a �artial prep.iyment .vithout any ' - -__ _
<br /> � . .. ,s=`�?.3��;:;;�`'. Prepayment charge under the Nate. ' ••:; � ' � � _
<br /> • � �..•.�ti•����r ,M1 • ' . . Y-.��•.::It�+�}:. .
<br /> • � .. . '�;?.'�:,i����;;, 14.1�Tottces.Any notice to Borsn���r provided for in this Security Tnstrument shzlt�tsx°.-�ti:i�by delivering it or by tt�ailing '�:';�r�-_:y______
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<br /> . • -`�.�� it by firat class mai!unless applirable�iaw requires use of another method.The notice shalt�directe6 to the Property Address •'�.��<<•=
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<br /> : � or any other address Borrower dcsignates by notice to l.ender. Any notece+�.r Lender shall be given by first ctass mail to• � , �� �i�'�?``/f
<br />_ ';;;;;;.�' :.'-;;�;,. . Lender's addres.s stased herein or any ather address Lender designates by r,�_�aa:L to Barrawcr. Any notice provided for,in�this • " . -' •t�`; _.
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<br /> - -�!5,4 ' Security Instrument shall be deemed to have bcen given to Borratip�r or Len�u+iten given as provided in this partigra�hJ� ' �
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<br /> •� i��... 15.Governt Law; Severabili This 5ecurit lns
<br /> ' �''' '°'`'� ng ty. y tRar�:s shali be governed by federal law and the taw.•of the � • �• .
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<br /> ��:1 .�� . ' � jurisdiction in whieh th. Property is tocated. ln the event that�;y�provisio�-�or clause of this Security Instniment or the Noto � , ..
<br /> � ';";:. , confliets with appli�*�'?_�aw.such wnflict shall n�t:�i':�eet ather prnvisiot��t:;"t�;�is Secucity Instrument or the Note which can be ' . �_� ��
<br /> , � ` • • , given effect without thr conflicting prmisian.To a;�is end the pravisions c•:'(+:a��i Security lnstrument and tfie Note are deelared �` � :„, ��
<br /> �` � ' ti,;�.• ' to be seti�ble. � , , , ,:•, -
<br /> s� �T`j��'`�. � t4.1&�rro«ee's Copy.Borrotia�:x�,��!bc given one ronfomie;i cnpy of the Note and of rtzis Security Instrument. ��;i;���`}��,'
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