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<br /> �t tha option oP Y.ender� i� nnortg�ge insurance covera�a (in the amovr�t and for th� pe_�r'7i�t����iraa}
<br /> — _�-------��=*'��� ' �:ovld�l by on insucer ap�srovtld by I,�ttdtr wYaia becarrir.�wveilrblo and Ia a6tslned,lksrro�var�iuit pey thes p��emtunn�
<br /> raquirod tcs m�fntain moct��insurance tn et[eot.�r to provtdo�lua9 m�erve, until tflo r�qvirement fur mort�Be
<br /> 3nauruuce enda in�arduice with any written aQraemeat bet�reea Borro�►er�ad Laader ar��Icable law.
<br /> 9,lns�pectioa.Lendor or ite��ent may make ru�eon�ble emtrta upon�nd iaepeatIone o-f the Property.L.�tder dnll
<br /> �ive Bamower natica at the time oi a�t'i+or w u►inspecdon epectiyin�ier�on�blo wuae fa the irupect�on. :
<br /> 10.Condemaat�oa.Ths pcacaed�of�Ay�werd or cldm for�rrni�ee,dIroo4 or cot�eequeatial,ta cattneotion Nlth
<br /> _.�--_- - r�y coaG:,���wztta�ae�tt►cr talcIt�m!aay psrt ot iho a'raP=,rtY.or!cr coavrgrnaso ia lfcu o!saad:mt�tion,e.�h-reby
<br /> — -- ---- --� rei�aed�rcd ahdl be pid to Lender. �
<br /> In tho eveat ot a total utc�a�oi the Proparty.the procoede elull be applied to the sume aAauted by thte Security
<br /> — Instcument,�vbether or not then due�wIth any eucceee p�id to Hono�er.In the event oi�p�rtlsl takin�o!tho Property ia
<br /> Whiah the fair market value at the Property immedtttely beforo the tald�q ie rqual to or�roater thui tM amouat ot the
<br /> sume eecusrod.by tbie Secur�ty Ifsstn�rnent imrnediately befnro the tekiuu�.unleee Aorrower and I.euder other�►tee t�ree
<br /> tn wrltity�, tho eums exured by tf�s Securlty Tnstrvmeat ehall Ue redueed by the amouat oi the proceeds multiplIed by _
<br /> _ _ —= the fa11aH��ag iraatton:(a)the tota�l aalouat oi the sums eecured ianmediately before the telclnQ,divided by(b)the fdr
<br /> marko4 vatuo oi the Property immedtately betore the tnlcing.Any balaaco ahnll be petd W Hotrower.In the oveAt o!a
<br /> - � paxtIat uk�ag ot tho Propertq ia which the teir mnrket valuo of the Property immediately bQtore the tddng is leas then
<br /> � the amount of tho sums eec�red immedistely before the tslcIn�,unless Honower aad Lender otherwiee sgree ia writiu�
<br /> _— _ �� or unle�s applicablo laa other�xese pmvldes, tha proceada sb.eU be epplied w tho some seaurod by thie Securlty _
<br /> — Insttument Nhother or not the s►uas iro then due.
<br />_ - �f th� Pmperiy is abandonaf bq Borrower,or it,eftor aottco by Laader to BorroWer that the coademaor offere to
<br />- �� m�1co an naar8 or aettlo a cieim for dnmagea, I3orrower failo w tespoad to L,en�er withia 30 days efter tDe�Aau the � -
<br /> r�t a�ca ia g�ven,Leuder ie authorIzed to collect and apply the praxeds�at its Qption,either to rastoration or c�epair of tbe
<br /> - -� Fhrt�rly or w t�o�ms sasured bq thia Security Iastrument�whather or aot then dua.
<br /> ___ — aTAlo�Leaddr aad Borrower otherwise agree in arIting�any applicetion oP pr�seede W prIna�pal shell uat extaad or
<br /> '� ' ., p�sYg�ane the duo date of the mc�n4laly paymente reiorred to in pnregrapl�s 1 �nd 2 or ehange the amoun�o!such
<br /> PaYmenm.
<br />"' ''� 3'I.Borcovrer Not Roloasod; Forbesranee By d.eader Not a W�iver.BstensIon of the time for payment or
<br /> , modifIcatton oi,emortizetion oi the suma scct+red by this Security Instrument graatcd by Lender to aay succeseor ia
<br /> � � interast o! Borrower shell not operate W rate�ase the liability of the originel Homowar or Borrower's euccesso� ia �__
<br />- interast.Leadcr shell aot bo required w cammeace procadiags agaiast any sucoossor tn interest or rofuse to extsnd _
<br /> �' ttma tor paymoat or otherwise modJiy amortizadon af the sums secured by thie Securltq Instcumaat by reaeon of eaq
<br /> -- damaad anade by the origInal Borrow�r or Borrower's succesaore Ia iatereat.Any forbearence by Leader in cgercIsinB, - _
<br /> � � an�=igtit or remsdy ehnll not be a wetver o�or prcclude the exerciee of aaq right or remedy. =—
<br /> � , f�.6axceas�is�ad Asaijus Bouad:Dniat and Sevoril Liability;Co-signera.The co�eaeats and agraementa� �
<br /> �' of uis Seavrity IAS�rumeat e�all biad ead beaotIt the successors and astigae oi I.eader ead Borrower�aubject to t he --
<br />,:�:i � pravisions of pera�caPh 17.Bonower's coveAaats end agreemeats ahatl be jolnt and several.Any Horrower who co-ialgas =:-
<br /> thie Scaurity lnstrumont but dnes aot eaecute the Nota {a)is co-eigning this Security Instrument only to mortgago.
<br /> - �' '•� graat and coavey that Borrower's iaterest an tha Pmperty under tha terme of this Security Instrumear (b) ie aot _-"-
<br /> pere�naUy obligatod to pay tho sume seaurad by thie Security Instrument;and (c) agcea�that I.eader aad any othea :
<br /> Borcowar saay agroe to aatead,modifq,forbear or make any accommadattons wtth regard to the terms oi thie Security� ---
<br />� ' � IASttumeator tha Note without that Honower's consen� ��
<br /> 13.Loaa Ch�r�ee.Ii tho loan secured by tlua Sccurity Iastrument ie subjoct to a law whlch sets mssimum loun �=-
<br />- clurges.nnd that law ia fiaelly interpmud so thst the interest or othar loan chargea colleated or W be collected in, �,_
<br /> cotutectioa wlth the loan excoed the permtttcd IImits�then:(n)aay suoh loaa charge shall be reducad by the amouat� ��.�
<br />_' aeoeaeary► to raduoe the cherge to the perr�nitud Ilrait; nnd (b) eny sums already colleated from Borrower wbIab� ��=
<br /> . ; � exceeded permittedl9;mtta wlll be refuaded 4o Borrowar. Leader may chaose to meke thie reiund by rcducin�tbe ��,
<br /> `.� . priaclpal owed tutder the Nota or by maktng a direet paymeat W Borrower.Ii a ra�uad reduca prt�pal,the raduotion ,. :_
<br /> y: , will bo treated ea e pertial prepayment wlthout aay prepayment charge uader the 1Vota. �_:h:
<br /> r•�� 14.Notices.�9ny aoticx to Borrowar provided tot iA thie Securttq Instrumentahell be given by delivering it or by
<br /> �.;� mailing it by tins�t class mail u�iless applicabla law requires uso of saother method.The notice ehall be directed to the '.
<br /> ` �F`'�•� Property Address ar sny other address Borrower desigaates by notice to Lender.Aay aotica w Leader ehall be given by
<br /> , �,�. tiret alass mail to I,euder's nddress stated harein or any other addtass I.euder desigaates by aotioa to Borrmwer.My
<br /> - _��� � aottce pn�vtd�ed for tn thie Security Instrumeat shell be deemed to have bean gtvea to Borrower or Lender wh�n�ivEn
<br /> _+. ���F;„� es providod in thia P�S�Ph.
<br /> "' 13.Govormdn=I.aw;Sevetability.This Security In�uumoatshell ba govemed by tederal law aad the law of thd
<br /> " � � jurIsdtadon ia x�ich the Property is located.In the evont that any provieIon or clausa of this Socurity Inetrument ar th�e
<br /> � Note coniliats aith appliaable laa,such cos�in�t shall not aKect other provielons of thts Security Instrument or tha NmW '
<br />- � '' whteh can be gtven effect witttout the conflictiag provisicm.To this end tha provieions of this Security Instrumeat and �
<br /> the Nou are dealared to be severnble.
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