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<br /> ` -°2`�.-�`'���� Pay��ts ma3+m�to�er 6�requirrrd.at the a�tion of I�nder:J rrzprtg�e insuranc�coverage.(in t�e amaunf ami fox t�ec p:riod �;���-—_-__
<br /> _ ���.�'��� ` th�.�l.cad�r�cequites)Prdvided b�asz ta�uret appmvc�Dy.Lender a�aiit beca�s avaiiab�e aud is ob�.Sorrt�-er sha11 pay�. �`=`F-�"--,°��- _--_
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<br /> - �tYCIi�G'F•f�� tv �i���TsaC�Ci1� r�at�rn.. - , _
<br /> � � insiuunce e�ds ia a¢oardaac��viQh uog cvritt�p'agr�ea�ttu betwe2n�orrovrer und Lender or spplidbi�tavr. �' - --- __
<br /> - =�,: : 9.Irssge�tta�s.L�nsl�r or its agxnt a�y a�akc reasonabte eneries ugon and ins�etia�s pf tP�Property.Lenitr shatt give __.��'__—
<br />-- z ' v � 6orcn«er noti�at;the tirt�of or prtoa ta sn irrspedion sgecifying reasonabie�far the inspectton. ' --_T
<br /> . ,;,� ' �. tff.Caadem�lIom Ttts proaceds of a�ay award or claim for damages..direct or wnseqaential. in oonn�ctiun with any, ___---- -
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<br /> _ -��:; ,,.�,_.:,r��:;� wndemrlatian or otttet taking pf ariy put�af 1he Pm�terty.or fot con+�eyance in lieu af co�de#nnation.are 6el�hy assigrted and .� __
<br /> r��3�.^T t;�:.; � shall be paid c�Leacfe'r. ,, . � ' , � �su- -
<br /> '• �� � �t�`#'�,N�
<br /> �h Ia the event of a totnl taking of the Property.the psareeds shall tss applied to the sums suural by this Securiry Tnsttutn�at. � 1
<br /> �_� � _ - ahetAer or uot t8e�dtt�,�wdt6 s�nY exce�s�tn Horrocves. iu t[te event oP s pa�tial tas.ing of sh..Fcaa�sty iu�rhi�3s tl�fair ' . � �r`" � ""
<br /> ��j markcrvalue of the Property imm�iatety before the ta&iug es equa!t�ar gceater than the amount:of the sums s�red b}!this ���*, �
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<br /> �':. ;.. �� . Secutity Insunmeirt i�ned�iatetyi ts�fore the takin�..unless Botrower and Lender othcrwise ngree in writing.•the sucus s�cured by x ° a. _
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<br /> ,='�r;�%� tfris Secusity Insmun�aat shall l�e rednoed the aznount of the roceeds mula lied by tf�e followi fractioa: {a) the tmai . :=�'-- ..�
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<br /> ='��'�'� ,<<�`� amount of t�swas secvred immediatefy befone the taking.divided by(b)the fair market valus of the Prope�ty immediately -
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<br /> �;���;:... , befoie the talQng. Any balance shalt be paid.to 8orroutirer. in the event of a pa�rtial�taguig of the Broper�y in w6ic.h the feir `' '= .,�--
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<br /> market vatue af the Pcoperty immediateiy 6efare the taking fs tess than the amAUnt of the sums secured immediately before thc ��� � �
<br /> y��,�i��ss�. an te taw otherarise ro ides. �.�;.;;-,rj._�i.+��:;
<br /> taking,unless Honawer and Lender otherwise agtee in writirjg or uniess applicab g v the pmceeds shali , � --
<br /> - �t �`AF� , ' , . ��'3��sa '.
<br /> lstf '` ° be applied to the wms secured by tius Security Instrument w�i:ther or nnt the sums are then due. ,• ..� ,,� _-
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<br /> - �.i�=��*�r==.:��`�.; • If the Property is abandoned Ey Borrower.or if,after nntice bp Lender to Borrower shat tiie candemnnr offers to make an ,•s...�,•;,.��`�-��---
<br /> - �`�^�x�"��,=���`�' award oz setde a claim for damages.�arrower fails to nes ond to Lender vrithin 30 da s after the date tfie notice is iven. ' "- = -_
<br /> _,zh_�tt�� xh"'.i, ,_', D Y b' ; . ;N.-�,s.
<br /> , � z Leuder is autHoriz�d!o collect and apply the procz�s.at its oprion.either to restoration or repair of the Property er to the suma
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<br /> . secared by this Securiry Instrument.whether ur not then due. . ; x
<br /> �` Unless Lender aad Borrawer othtnvise agee in writing:any application of proceeds to principal shal! rcnt extend or .� " `�` �
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<br /> „ _---- -gostpoae tHe due date of the monthfy Qayments referred to in paiagraphs i and 2 ar anae the amaunt of sttch payments. • �:�,�.:. �-�'�� -
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<br /> �k' �' � �� � 'Il.Bormwer Rof'1�eTease�Fo�anceBy i�er No[�a Waive"s:�aTension o-f�th�ti�far pa�yment esr mndifiration---------�- '-�` ''' _
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<br /> �`��y,`.�-%••�;t�'� � of amort'vatim�:af the suats secu�d by this Se�uity Instrument grantad by I.ender to any successor:in intetest of Sorrower shall � ; ���� -•
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<br /> ;,.�;,,�,,F..., .`��. . not op�ate to retease the tiability of We original Borrower or�orrotver's sacaessors in interest. I.ender shall not be re�to ' :��°'`"` '
<br /> :`��3 s�'.9'_'��`'_;__•'' �cmrsmeace pra+aeedings against any suc�:essor iA interest or ref�e to eatend 6me for payment or otherwise azodify amortization ' ; ,•` ' �'_�
<br /> �}�.�2 �.aE��ie smns s�cvred [iy tlus SecaritY Insuument by reason of any demand made by the originai Botrower or Harmwer's � -�
<br />-�;� �'�,�r : •' � •,si�ccessors in interest: My fofieazance by Lender in exercising any right or remedy shatl not be a waiver of ar p�clude the �
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<br />- ::. , ,,..r. exercise of any right or remedy. �1�
<br /> � ' ``� 1Z.Suc�ois and Assig�ns 8oqnd•,loint and;Several Liabili Co-siguers. The covenants and agreements of this ���,. �
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<br />- ��,:�'• :��'. • =��f' � Seauity Im-trument shalt Bind and Benefit the successors.and assigtLS of Leu�er and Borrower, subject ta the provisions of �- � ,��
<br /> . � �:
<br /> '•�'<: �, -� ' paragraph 1.7. Bormwer's oovenanu and agr�ements shall 6e joint and several. Any Borro�ver �vho co-signs this Security '. . ,
<br /> • ' � � instruraent but does not execute the Nnte: (a) is co-signing this Security Instrument only co mort�age.grant and convey that • �" `:�%
<br /> - -� ' ,�''�fi�; Borrower's interest in the Property under the termS of tfiis Security Instrument;(b)is not persana(I}�ipbligated to pay the sums _,. „��. .' '
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<br /> < �'�;��;�� secured by this Security Uistrument:and(r)agrees that Lender and an}+ather Bor�ower may agree Ux extettd�modify.forbear or ..`+`tij:-�'"
<br /> � • - e�ake any ac¢ommodaiions with regard to the terms of this Security[a�zument or the Note without that Borrower's mnsent. , , =`�''�- -
<br /> , � 13.Loan Cttarg�.If the loan secured by this Securiry Insuuraem is subject to a law which sets maximum laan charges. . , '' " '�: ` .'�
<br /> � , '� and that law is finaUy interpreted so that the interest or other loan charges collected or ta be coltected in connection with the . . � -�� �
<br /> . � .� loan exceed che permitted limits.then: (a)uny such loan charge shall be reduced by the amount naressary m reduce the charge , � �� �°,�:__
<br /> ":�;��;;; ;,;.�. • . ,;�?y to the permitteci limit;and(b)any sums already cottected from Eomavser�vhich exce�ded pertnitteii limits will be refuaded to ..�'.�"f��'!_?�.
<br /> Borrower. I.emYYer ma choose to make this refund b reducin the rinci al owed under the Note or b makin a direct -''":�-�� ,. �" ,
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<br /> �;'�t-s7��;•� .,;�;�`•; payment to Bormwer. If a refund reduces principal. the red�ction will be treated as a partiat prepayment without any , . . �. "� '"' �:,r
<br /> .��::�•':,` >>�°:��-'�`. PreFaYment charge nnder the Note.' '•.'' , - � '"-
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<br /> `���- �:;` • 14.NutE�s.Any notice to Borrower provided for in this Security Insirument shaU be given b�r delivering it�r by mailing , "r .�.`�= , �
<br />: : - � ,�iA ;; it by first cluss.mail unless�epplica6le law cequires use of another mett-.+�.The notice shall 6e dire�:ed to the Property Address . ' 1,..;:;°ik':. ;, �-'�,
<br /> ' �`I �• . �� '{`� or aay othcr;�u#dress Borrower desigpates by noac�e tn,Lender. Any f�otice to Lender shall 6e given by first class mail to �r` �
<br /> - Lender's address stated herein or any other address Lend�r designates by notice ta 8orrower. Any notice provided�or in this ��'�`'!'= .`~�°
<br /> •r�� ."' � Security Instrument shall be deemed to have been giverr t,z 8omower or i.ender wh���ven as provided in this paragraph.
<br /> ��� � . 15.Gaserntng Law; SeverabilIty. This Security Ir�suument shall be govemed by federal law and the law of the . . .
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<br /> �. ' • jurisdiction ia�v�hich trie Property is lacated. In the event that any provision or clause of this Security tnstrument or the Note •• : .
<br /> � ' � "`� oonflicts andr•�pplicable law.saeh conflict shall not affect other provisions of this Security Instrument or'the Note whieh can be ,::•'.� .
<br /> � � given effed without the coqfliaing provision. To this er.d the provisions of this Security Instrument and the Note are declazed . •�
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<br /> � to be severabi�. , _ '??�';�:;,;. �
<br /> • ' � � 16.Borenwer's Cop�r.Borro�ver shall be�iF`erc�e confomted copy of the Note and of this Security instrument. ='��"`:'-- �':.f�:.;,,���; � -
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