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<br /> aE��caRa�,�.,, 1 � � . ���3- i.Q;�t?��
<br /> � paytnents may no�onger ba reyuired.at the opd�nder.If�nortgage lnnurance caverage(in the �cnovnt an�d for tha periad
<br /> _— that l+endcr rcquirrs)providcd by nn insurer Agproved by t ender agstn beccsmcs�vailable snd js obtuinaf.Borrowtr nhyll pay
<br /> � the prcmiuras requircd ta mufntnin ntortgage insuranco in eLtect,or ta provide a loss rc�crvc.until tlie eeyuii�:nient tur uroitgagb
<br /> insurance ends in uccordance wtth any wr�tten AArcement betwan Borrower nnd l.endez or applicablc law.
<br /> 9.I�patlon. I.cnder or jts a�ent may malcs reasonable entries upon attd inshecttons of tho ProFerty.I.cndor ehall giv� �
<br /> Barrcwer nati�;c at the t�ma atqr prlor to un inspxtion specif}ring reasoniable cuuise for the iuspxtIon.
<br /> 10.Condanmdan.The pr�aada of any award or clAim for damages.dinct or congequential,in connection with any
<br /> _ �- -, eoetdcmnnt�on ar other teking of any part of the Pmpcny,ar for conveynnce in lleu uf condemrwtion,are D►¢reby assigned and .
<br /> shel!bc puid to Lender. �
<br /> in the evcatt oi a total taking of tha Prnperty,the praceeds si�all bo appifed W the sunis secured by thLz&cur�ty Instrument,
<br /> whether or aot th�en due.wit�any excess paid to Bocrnwer. In the event of a partial taking of tha Property In which the falr
<br /> market vutue of the Froperty immediutely befare the tuking ts equal to or gratter than the amount af the sums secured !�Y this
<br /> - SECUriry Insteument immediately befora the tak3ag,unless Honower aad Lender othcrwise agree in wrldng,the sums secured by
<br /> - tWs Security ingtrnment xhall be redaced by �he amount of the proceeda multlpUed by the following fractton: (a)tha total
<br /> amoupt of the sums secured inunediately before the taking. dfv[ded by (b)the fafr market value of the E�mperty immediauly
<br /> bcfore the tak3ng. Any balance shall be patd w Bornowcr. In the event of a partiat takiag of the Property in which the fair
<br /> mnrket value of thc Property imme�lately befora the taking is less than the emount of tha sums secured immediatcly before the
<br />_- - - tulJng, unless Bosro�ver and Lender othenvise agree in wdting or unless applicable law otherw�se pmvides,tha prooeeds shaU
<br />-- be applled to the sums ser�ued by this Secudty Instrument whether or not tha sums are thcn dt�e.�
<br /> If We Property�is abandoned by Borrower.or if,ufter aotIce by Lender to.Barmwer that�1he condemnor off�rs to m&ice an
<br /> awarcl or setde u clal�u for demages. I�orrower fails.ta tcspond to I.ender wlthin�D dgys after!he date t#i9 nodce ia given,
<br /> ° Lender is authorized to collect and epply tha praceeds.at its optIon.aicher to restoration or repair of the Piroperiy or to the s��ms
<br /> - socured by this Securlty Instrument,whether or aot then due.
<br /> Unless I.ender and Borrower otherwlse agree ln wrlting. any application of proceeds ta prencipa! ahall nai extend or
<br /> postpone the due date of the montfily puyments rcferred to in paragraphs 1 and 2 or chaage the amount of stich payments.
<br /> 11.Borrotver Npt Reteased;Forbearaace By Lender Not a Watver.Extension of the dme for pagme�tt or modification
<br /> � of amortlzauon of the sums secured by this Secudty Insuument grar►ted by Lender ta any successor In interest af Borrower shall
<br /> not operate to rele�se the liability of the orlginel Borrower or Barrower's successora in interest. Lender shall not be requlred to
<br /> commence proceedings against any auccessor in interest or refus$to estend time for paymeat or othenvise modify amortlrntion
<br />�°" of the sums securect by this Security Insuuarent by reason of any demand made by the ori�inal Borrower or Borrower's
<br /> successors in interest. Any forFsetuance by I.ender in exercisin�eny r�ght or remody shall not be a welver af or preclude the
<br />..:. _ - arercise of ary right o:rcazcdy. -
<br /> lx. Successors arid Assigns Bound;Jotnt nnd Several Liabllity; Co-sigaers. The covenants and a�reements of tiils
<br /> Secudty Instrument shall bind and benofit the successors und assigns of I.ender and Barrower,subJect to the prov,tsions of
<br /> paragraph 17. Borrower's covenents and agreements shall be Joint and sevetal. Any Borrower who caeigns this Securlty
<br /> Instcument but does not execate the Note: (a) is casignin�this Security Instrument only to mortgage. grant end convey thai
<br /> Borrower's interest dn the Property under the terms of this Secudty Instrument; N)is not personally obligated to pay the sums
<br /> ;� secured by this Security Instrument;and(c)agrees that I.eRder and any other Borrower may agree to extend,modify,forbear or
<br /> make any socommodations wtth regard to the terms of this Securiry Instrument or the Note wtthout thnt Borrower's consent.
<br /> 13.I.oan Chae�es.If the loan secured by this Security Instrument is subject to a law which sets maximum loan chorges.
<br />- and that law is�nally interpreted so that the interest or other loan charges oollected or to be collec;ted in oonnection with the
<br />:s loan exceed the pertnitted limits.then: (a)eny such loan charge shall be reduced by the amount necessary to ceduce the chazge
<br /> ^� to the permitted limit; end(b)any sums already collected from Borrower which excceded permitted limits wlll be nfunded to
<br />' � 4 Borrower. Lender may choose to make this mfund by reducing the principal owed under the Alote or by meking a direct
<br /> • �'" payment to Borrower. If u refund reduces pr�nclpal. the reduction will be treated as a partial prepayrnent wIthout any
<br /> prepayment chzuge under the Note.
<br /> 14.Notices.Aay natice to Borrower provided for in this Securiry Instrument shall be given by deliverin�it or by meilin$
<br /> • ���.•�� it by first class ma�t unless applicable!aw requires use of another methai. The notice shall bc directed to the Property Address
<br /> .M�'`����..>
<br /> ��,�,�� or eny other address Borrower desigaates by notir,e to Lender. Any notice to Lcnder shall be given by finst cless mail to
<br /> 'C� i�. Lender s adde+eess stated herein or any other address Lender designates by notice to Borrower. Any nottce provided for in this
<br /> � � .:;.�' Security Instrument shall be deemed to have been given to�orrower or I.ertder when given as provided in this paragraph.
<br /> � ,,:t�:�.:'=:'-<=�`, 13.Governing Luw; Severabflity. This Security Instrument shall be �overned by federal law and the law of the
<br /> d�'�"�� �•'�� jurisdiction in which the Froperty Is located. In the event that any provision or cluuse uf this Securiry Instrument or the Note
<br /> `��r,Ysr�;�,.',
<br /> ;j`.;;�;.;e f?: confltcts with applicable Ibw,such conflict shall not affect other provisians of this Security Instrument or the Note which can be
<br /> . .���k!�,:�;: given effect wtthout the confltcting provision.To this end the provisions of this Secudty Instniment and the Note are declared _
<br /> ��t;�:1•..:�.-.• to be severable.
<br /> �; � ;`"�=�'��; 16.Borrower's Copy.Borrower shall be given one conformed copy of the Note and af this Security Instrument. _
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