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<br /> • �P�Y��Y�tonger b��red.�;tha aption of t.emiter,�cnortg�e i�sur�+�.�ce�averaSe�i�a ehe am�vat a�d fd� �pe�d, '
<br /> _ -- — . � t}zut�ter re�u#res?�rovicis�bp aa�iiL�r appraved by I�cter a�ain 6ecames av�bie atuR.�s ohz�aed..SonowPr s��alt��i . �
<br /> — . �the�preutiums r�eQui�t to maiatain mortga�e insurance in effect.or w gr4vid�a ta§s re�enre,unti9 th�r�equir�neffi for`ma3iigs�ge �. ..
<br />--- - - , instsnzace euds ia accordano�wich aay writtea u�reecaent hehveen Barracver ansi I.cader or applicai�le Iasv. • � : , .
<br /> ` 9.�nspeettun.L�rtdet 6r its�getR P2aY m�4e�on�b�-eturie�upQn a�d inspeetions of tfie Frat�rty9,:,F.aitde�sti�ft giwz� . .
<br /> - -- ": Bflrra�er�tice at the time af Qr prior ta an inspection specifying t�sona6ie cause far the insp�ction- , ' .
<br /> - ------ ' • 1D. Cnssdemaa4ion:,The prnc�s of a�sy,a�vard or claim fo:damages.dimct os t�onscqu�a�},�ii�co��xian wi�h any ' ;
<br /> = candemrt:ltion pr othef tukirig of nny part a�the Prupc»y,or for conveyanse in lieu of coa6emnatian;a�e t�y asst€�"d r"��' � -
<br />- -, .-�•-�-- � shall`be paid w Len�er. . ,
<br />_--- - - -- __= in th�ev�at o8 a towl taki��n nf tbe Progc�ty*th�proseeds.bhall he applied ta the sums s�caied.by this Srsurity liutru�s;r►t.. •
<br /> - ti svhethst o'r i'snt then due.with gay cscces�PaW to Barrower.�In the.evcnt of a paniat takin�of the Frogerty,in wfiist�,ttie fair . -
<br />�: � market vaiuc of 3fic PtopQriY iminediutety before the tulcin�is equal to or greater than ihe nmonnt of the sums secured bp tUis ,.,
<br />--= Security Instnunent it�n�iateiy before thc t�In�,unless 8orrower and Lemiet othenr,ise agree in writing,the sums.sc�md hy ' .
<br />= ehis Serurity Instrumgnt shall be.r�tced by the mnount of the pmoeeds mWtiplied by the followir n fractiun:�(a)tt�total. - -
<br /> � sunourtt oE the stams'seauzd i�iatety 3�efore the tal�ng;divid�by(b)the fa�ir mar&et value of t�i�operty tmmedlately ;
<br />- ' .before t4te taking. Any tialance sbal[ be gaid to Borrawer. Ia the evetu of a partiai taldng of the:Ptopeity in wh�ch th�fair �
<br /> - � markeg vulue�of the Propett3+irrunediacely befor�the tald.ag is less than Me amnunt of the snms se�imstte�liately before the
<br /> vides tfie rare�s'sl�lt�
<br /> licabte law othera+ise m
<br /> taking,uaIess�onoNer aad Lendee otherwise agee in wn�ng�r unless apr ! . • . • � �
<br />- be�pglied to!hs saals s�md by Ehis Secvrity InsirumenE whether or not the su�are dnea d�. . -
<br /> — . � If thc Fcoperty�is a6andoned 6y Boiruwer.or if.after notiee by Lender to 8arro�ver that the wndemca�r offe�s ta make an
<br /> award os settle a ciaim for damages,Horrawer fails to respond to I.ender wit�ia 30 da}rs aRer tice date'the notice is given,
<br /> a�"'.;�,;;•,,=.��'."-'::-3=� Ixnder is a�thosiz�to colleet and appty�the pme�eds,at its option.either to cesioiation or c�air of the ProTerry oi to tbe sums =
<br /> _ _�--_�, .
<br />_-�—� ..�,:2 .��i�� secur�by this Sewriry.Insmmneqt;wheiher or not then due. . -
<br /> -- ---- Uniess IeudEr•aa�3 Bo;rawer oti�erwise agre� in writing. anY aPPlira�on of prooeeds Eo priacigaI�sGall not extend or
<br /> --=�--.�';',;�` �. postpane the due date��¢�e rc�anthiY paYments referred to-in paragraphs.l and.Z.or cbange.the aaanunt af_such payn4euts, .
<br /> �-�=�°..��I 11.Berrower l�a�L�cas�d;Forbesraaoc f�y I�cuder Not a�Vaiv�r.Fatensiun of the tia�e C�r,paysnent or modificatian
<br /> - --_-- � �of amort'rratioa of the�is�se�.vred by this Seca�icy insuument g�anted by L.euder to any suooe�..sar i�int�c af Eornawer sha11 . •
<br /> i��-����-��,�i not ogerate m release t#�iiability o�the origival Borrotiver or Bomower's successors in mt�t. Lender shall nnt be r�ired to �
<br /> , , Comme�roe proo�din�;a,,:ai�st aay s�sor in interest os refuse to extend time fos pay�vr atl�estwise modify aazoKization
<br /> � , . of ttce sums secam.d tig+chis Seturity Insqumeiit by eeason of any demand u�e by the ariginal Borrower or Borrowe�s_� `
<br /> - t, :r�, j � successors in incer�t. An�+ for6earaace Isy Lender in exercising any rig�t or remedy shali ant 6e a waiver of or prectude the -
<br /> ~Y•��j� i exereise of aay rig�c n�r'zmedy. • ' ,
<br /> �� ` 12.Surcessoss arid Assigns Bauud:dofn!and Seve�s! &iabiliip;�o-signec5. Tfte crn��nants and agceecstents.uf.this
<br />_ ���,..�;'�t+ � Securiry Instrume,nt shall bind and benefit the successors aad a,�'sgas of i.ender and Borrower. sa6ject,to the provision9 of �. _
<br /> ' +�:•�'�r�`� h 17. Borrbc��er s covenanu and ments shall 6e o�ai'and sererai. Any Borrower wfto �t-signs this�Security
<br /> :,,.,. -, . � P��P �� � ' _
<br /> `�,�.rs�<,:{ I insqument but,does aut execute the Note:(a) is oo-signing this Security•in.,�nent only to mortgay�,;�,raat and convey tllat , � •_
<br /> '� �.��� :� j Borrowi�r's interest iu the Praperty under the terms of this Securiry Insc►umer�;(�)is not personally�lil���ted to pay the sums _
<br /> `�-_ ° secured by tius Security Instrument:and(c)agrees that Lender and any other Botrower ma�i�gree ia ex'tr�:.d,modify.forbear or ' ---
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<br /> ° f�,.,�;:::.: ,,.., •.: , make'azry accommodations�with regard w the tecros of this Secvrity Insmiment os the Note.�s�,tveut that Borrower's oonsent. . . _
<br /> "''1�':'� 13.Loan Chaeges.Yf the loan sac�red by this Securi Instrumem is subject to a!ax W�ich s�ts maaimnm loan charges. ,' �`
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<br /> Y�yr" .. fi,, and tfiat law�is finalIv ynterpreted so that the interest or other loan charges:�el.'�ed or fo be collected in wnnectivn cvith the : ��
<br /> -.:1..`' � ; �` •.. E..-.
<br />�r� - loan exceed the permiFS�ed limits.th�a:(a)uny sach loan charge shall be raGs��d by ttie amount necessary to reduce the charge =
<br />" ,;��a ' to the ge�mitted liat:a;and(b)any snms alrcady co1lected from Ec.rsowet�vhiCli eaoeeded_permiuec!1'units arill be.�+efuaded to �-
<br />- , �r `•�* Borrowe�r. Lender ir,�y choose to make dris refund by reduci��the principal owed ur,dEr the Note or by making a direct �-
<br /> payment to Borra��: If a refuml reda¢es principal. the reduction wiU.fi� treatec��u•a partial prepayment without any
<br /> f, _ � p�epayment chnrge.cwr,fi�r.the Note. ' , .�•:�: . � � -
<br /> ---���.1'`� 1 _ 14.NotFces.Ar��icotice to Borrowes provi��'for in this Sacariry Instr�z.nienf shall be�iven by deEevering it or by maiting ;,-
<br /> '��-'�-�,�.'?.��.• ' _
<br /> i'?,::;� I�•.-.S ! ' it by fizst class mail unless applicable law requires use of another methad.The wtice sh�J.[!fe directed to the Property Address � . ;,_
<br /> �:�;�:�.��� ' or any other address Borrower designates by notice to Lender. My natice to�Lende���!}�il be given by first class mail to' P`
<br /> �^_�•:��,�y.:�.:.:,
<br /> - s �,�_•A}:Y;.; Lender's address sta!ed flerein or any other address Lender designates by notice io BorroiFer. Any notice provided for in this
<br /> l` "'"�` '�' Security Instniment�xil be deemect to haxe been given to Eortower or l.end.�r�hen given as,provided ia this paragtaph.
<br /> �, •.,:� •.. �: .
<br /> �� •� '��' ;:`'?E. ' 15.GoveratLr��l.atv; Severa6ilfty: This Sec�riry Instrument shall•:tie �;ovemed by. fedet�l !uw and the !aw ofthe .�
<br /> -:r � �,ri�-�� � jurisdisxi.an in which the Property is located. In the event that any pmvisiat��cs cfause nf ihis Security Inswment or the Note . r-
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<br /> �-�t �a�'`�'•°•=� . � conflic�cr5th applicable law.such oonflict shall not affect other provisions,of ttus Secµrity[nstrument or the Note which can be . F.:
<br />=E�, t::•.f...,-. •is,-'' '
<br />° • ',�.:�'�_' given etfect withaut the rnnflicting pravision.To this end thc provisions af ehis Security Instrument aad the Note are dectareil �.,.
<br />.��k W be severable. � �
<br />- ' " • 16.16orroRC+r'a�py.Borrower shall be given one�wr►fotmed oopy oEehe Note and of this Security Instrument.• '''
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