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<br /> WYrna�ts�nry cw ton�er b��t�sltai.at thG.�ion pf i.�encler,!f mortg�e Imwr�uroc.vorrraRa(in the unoynt ied far�bt p�rbd ..
<br /> th�c l.e�xier requiree)pravi�ed by Wn insurer wp�pm�vod by tz�x.4�r u�uln Maom�rvMil,hle sar�t i�c�lmad. HnrcUwar�h�ll p�
<br /> -- tl�e Xiren�iun�,v r�t{uired to rnaintalu tzw►tg+y�e(r�ua�uc in ei'iixt.a�r t�pruvl�:u Ins9 re�arvc. until tl�r�4yuir�:���:;►►rs�x►�k,�rt�agr
<br /> insc�r�uko axEa hi wCrc�rd�r with xny wrlteen��rament baiweei�i3urrowec+uxl Lendxr or�p}ilic:�t+le IWw.
<br /> !. taapectba.Y.eMier or its u�ent may m�JcC r.�xMblo entdes upcm and ine�ecti�u nf tNe pmpcny.G�xkr rhdl �tvi�
<br /> ° �or►y�wer notico at the ti►rie of ar priar to an lnxpectlon t►pocif�iny reaM►nrltsiG cauae(nr the inxQection.
<br /> Id. Cont�n�tlon.'[1�e�mc�td�oi'�ny �waed or cidm fur diuntje�.dir+ect or canRequcntid, in awu�e�tian with anY '
<br /> � - , condcmnution br�»her u�ing�f uny�fan af the Prnperty,or t'i�r a�nveys!xe in lieu otcRndemnatinn.nra htrel►y�.�igned and _
<br /> - --- --- ---- shrlt bc pdd to l.ender.
<br /> In the ovent of e tapl taking of the P�opert�r,tho�mceadK alult be appliod tn thr sums aavrai by ehis Sacurity Instruman;
<br /> whether or nat thtn duo, with any axcess paid to 8onaweF. Jn the event of a panto!taking aY Ihe Property in wnirh the falr
<br /> nvrlcet vntuo of the Pmperty imtncdiately txfarc the taking is cqual so or gre�ter than the amount af tive sunu recured by Ahi�
<br /> � Securiry instrument immodiutely bsfore the taking,unless Barrawer and ILender otherwls�agres!n writing,the sums seatrrd by
<br /> this Savdty Instrument shall be roduced by the amount of thc pracetds multiplied by the fallowing fractiant�(a)tt� :otal
<br /> � amount of the sums s��urcd immediatcly bcfore the talring.dividesi by(b) the falr mirket value of the Property immailuely
<br />_ _ befare tho taking. Any baianx shall be puid to Borrower. in the evens of u partia!tnking of the Property in which the fair
<br /> market value of the P�operty immaliutely bcforc the Wking is Icss thaa the amount of th�sums seture�immadiately before the
<br /> taking,uniess Borrower and Lender otherwise agree in wrlt3ng or unless appltcable law othatwise provides,�he pr�oQOeds sh�ll
<br /> be uppltvd to the sums scc�by this Securiry Insuument whesher ar not the sums are�hen duo.
<br /> If the Property ia abazzdoned by Borrower.or if,aRer natice by Lender to Bormwrr that the condem�wr offers to m�lce+ui
<br /> ---- award or settle a claim for dea�age�. BQmower fails to respond to L$ncler within�0 days after tbe date tbe notIce is�lvcn.
<br />._ Lender is uuWori�ed to ooUect and apply thB prooaeds,at its option,either to resta�arion or ccpair af the Property ar to the sums
<br /> secured by this Secudty Iasavment. whether or not the.n dtte. '
<br /> Unless Lender und Baaawer othenvise ugree In writing. any application of proceeds co principal shnit not extend or
<br /> _ postpone the due date of the monthly payments referred to in paragruphs 1 and 2 or changa the artwunt of suah payments.
<br />- 11.Borrower Not Released;For�iranoe By I.ender Piot a «'Atver. Bxtensiou of ttte time for payment or modlfication
<br /> — of amortiaation of the sums secured by this Securlty Instrument Sranted by Lender to any succes,wr in interest of Borrower slwll
<br /> not operate to mlease the Itability of the orlginnl Bormwer or Borco�ver's successors in inutest. Lender shall nat be raNired w
<br /> commence proceedin$s against any successor in irtterest or refuse to eatend time for payment or otherwise modify amortlzauon
<br /> of the sums secured by this Security tnstrument by �+eason of any demand made by the ori�tnal Borrower or Borrower's
<br /> suocessors in interest. My forbearance by l.crtder in exerclsing aay ri�ht or remedy�hall no1 be a waiver of or prectude the
<br /> • �_ P;r�ri�e�P�?�p T1g�tt�!'�'�dy- _
<br />.: IZ.Suocessora cuid Assigns Boand; Jotnt and Several Ltab�lity;Co-slgne�s. Tbe wvenants and agreemenu of this
<br /> Secudry Insuument shall bind und benefit the successors and assigns af Lendet aztd Bamower, subject ta the provisians of
<br /> puagraph 17. Borrower's covenants and agreements sball be joint and several. Any Horrower who co-signs this Seairity
<br /> - Instmment but daes nflt eaecute the Nate: (a) is co-sigains this Security Insttument anly to mortgage. grnnt and convey that
<br /> , ���`<< Borrower's interest in the Property under the terms of this Security Instrument;(b)is not petaonally obligated to pay the cums
<br /> secured by this Securlty Instntment: and(c)agrees that Lender and any other Borrower may agree to extend,modify.forbear or
<br /> malce any acoommodations with regard ro the terms of this Securlry Instrument or the Note without thnt Borrower's consent.
<br /> 13.Loan Charges.If tha loan secuned by this Securtty Insuument is subjec.t to n law which sets maximum loan charges.
<br /> - nnd that law is finally interpreYe�l so that the interest or other loan chcrges collected or to be callected in connectfon with the•
<br />- loan exceed the.permitted limits, then:(a)aay such loan charge shall be reduoad by the amount necessary to reduce the chtuge
<br /> to the pemuttad limit:aad(b)anY sums already collected fmm Borrower which exceeded perrII►itted timita wUt be nef�nded to
<br /> Borrower. Lenc��r may choose to make this ref�nd by reducing the principal awed wMer the Note or by making a ditect
<br /> paymens to Borrower. If a refuad reduces prIncipal, the reduction wiU be treated as a partial prepr�mont without any -
<br /> - prepayment charge under the Note.
<br /> • 14.Notices.My notice to Borrower provided for in this Security Inswment shall be�iven by delivering it or by mailing
<br /> ��� it by first class mail unless applicable Iaw requires use of unother method.The notice shall @e cDirected to the Pt+operty Addmss
<br /> k�;��
<br /> or any oth�r addr�ess Bomc►wer desig�ates by notice to i.ender. Any notice to L,ender shall be given by finst class mail tn _
<br />__ Lender's address stated herein or any other address I.ender designates by notice to Borrower. Any notice provided for in thia
<br /> _ �:'��,���� Securlty Instrument shall be deemed to have been given to Borrower or L.ender when given as provtded in this paragrnph.
<br /> 'ja;r IS.Governing Law; Severubiitty. This Securiry Instrument shall be governe�i by federal law and the luw of the
<br /> ' „ , �:..,.
<br /> Y�.�d;�` jurisdtctlon in which the Property is loc�tad.In the event that any pmvision or clause of this Socutiry Insuvment or the Note
<br /> � ' wnfl(cts with applicable I�w,such conflict shaU not affect other provisions af this 5ecurity Instrument or the Note which can be
<br /> - �� given effect without the conflicting provision.To this end the provisions of this Security Instrument end the Note are declam� -
<br /> to be severable.
<br /> 'G�/?; 16.Borrower's Copy.Borrower sl�all be given one conformeci copy of the Note and of this Secarity Instcument. --
<br /> S�Y y _
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