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<br /> p�ynxat�anxy na�un6er be requlrod.at the cption of Lerxler.!f e►acmg;►ge insuriu�ce covenge(dn►ho uraunt and t'ar ths pariRd
<br /> Ihat I,��xter reyuires)�ruvided hy on insurer nppmvcd by[.ender n�ain 6ecomew�vailable nnd is ottai�xd.Horro4rer shdl p�y
<br /> tho prtmltam9 re.rrvired t<�maimain martgaAa insurance in eifect.�x tu pruvida a loss riscrve,untl!tho n,quirent..nt fue►rwrtgup,o
<br /> f�uurAnce e�tds in ac:con�a►ice wt�h�any written agrecnient betW�en}3r»Yawer and i.cndcr ur a�r�licablc Ixw.
<br /> 9.Innprctb�. IxnJer ur ite agaric nwy m�ke reasanable entdes upon u�i inspections oP the Praperty. [,eader�sh�il givc
<br /> &�rcuwcr ex►ticu at thc�6ntc of ur prim•ta un ins�xdon sp�xifying rcawnable causc for thc inspcct{un.
<br /> tq.CnMdemn�t{o�.The proceocls af any award or cl�im for dumagc5.direct or mnsequentiat. in wnnectian with t�r►y
<br /> � crml�mn�4inn�r other tnkin�of�ny part of the Yrrt�e»y,or for canveynncc M licu oi cundcmnntton.are I�ereby ussigttal utxl
<br /> � , ch�ll be pkid ta l.cnder.
<br /> I��tl�o event of a total wlcing af the Property,the pnacos�lA Rhnli Ire opplied to the sums sesurai by thia Security Instmmcnt,
<br /> � whetlter or nat then dae,with nny ezcess putd to Borrower. in the�vent af u partiul tuking cf the Property in which the fuir
<br /> market vulue oP the Propeny immedlutely beFare d�e mking ia equnl to ur grcutcr tdun tho amaunt of the su►ns securrd by th13
<br /> Sccurity Instcument immedintely before the tulctng,ualess Bomawer and Lendcr othcnvise agms in wrtting.the eums secured by
<br /> thig Security Instniment r�h:iti ba r«iuced by tho nmount of the proceeds multiplied by the Pollowing fracUon: (u) the tatet
<br /> am�wnt of U�e aums securcd immuiiutcly befare the taking.divided by(b)the fuir market �•alcri of the Property immodiately
<br /> befom the tui:ing. Any balsax�e shalt Rx paid to Borrower. In the event of u pactial tnklrt3,o£�ttu2,Pn�perty in whtch tlie fair
<br /> mlricet vnlue uf the Propart�r irr�ntAdiutely bofore the tnki�{�ia le�s thun thc amount of the sut:�•secutod immodiutety before tlx
<br /> taking.unless Borrawer wtd l+:i�dcr odtenvise agr�in wdt+n3 os,unlr.ss appl(cable law otherwise provides,tUa�procceds shull
<br /> be applied to the sums secur�i Gy this Secudty Ynst�nt wh�tt��c ar:nnt the sums nre then due.
<br /> If the Property is:adundnned by Borrawer.or if.atier notice tiy I.ender to Borrow,�r thnt the condemnor,uff�ta m�ske un
<br /> nMU�d or s�tdc u ci�tt fiu��duutuges. 8orrower f�lls to respond tn I.cndcr within 30 days after the dt►te the notice�s given.
<br /> ixnder is nuthorizcd to w!lect and a�ply the procec�s.at its option,either to restoration or repair of the Property ur to the sums
<br /> securod by thts Savrlty Insttument.whethsr ar not then due.
<br /> Unless Lender und Borrower otherwise ogree in wrhing. any uppficatIon of procee�s to prirtcipal shall not extend or
<br /> postpone the due date of the monthfy payinent�referred to in p.�raphs I and 2 or change the amount of such payments.
<br /> Il.Borrower Not Released;Forb�arance By Leitder Not a Waiver.Extension of the t�me for payment or modific�tion
<br /> of nmortiuuion of the stuns secured by this Socuriry Instrument grurtted by Lender to any successor in interest of Borrower shall
<br /> not operate to releuse the liability of the original Borrower or Borrower's sucoessors in interest. Lender shall not be cequired to
<br /> cartimence p�ings against any successor in inter�est or refuse to extend time for payment or otherwise modify�ortimtion
<br /> of the sums secured by this Secwity Iastrument t►y reason uf any demand made by the original Borrower or Borrower's
<br /> sucoessors in interest. Any forbearance by Lender in exercising uny right or remedy shnll not be a w�lver of or proclude the
<br /> cxin�-��v€iiiiy i�giii 3r Iciti�dy.
<br /> 12. Sttooessors sud As,fgns Bound;Joint and Ser•ernl LiabSliry; Co-sfgne�s. The covenants aad agreements of this
<br /> Security Insuument shsill bind nnd benefit the successors and asslgns of C,ender artd Borrower, subject to the provlslons of
<br /> parugmph l7. Bomower's wvenants nnd ugceemenu shall be joint and several. Any Borrower who rn-si�ns this Secwity
<br /> Instrument but does not execute the Note: (a) is co-signin�this Security Instrument only to mortgage.�rnnt �u►d rnnvey tt�at
<br /> Borrower's interest in the Property under the terms of this Security[nstrament;(b) is not personally obl[ssued to pay the sums
<br /> secut�ad by this Secudry Instruinant,and(c)agrees that I.ender and any other Borrower may agtce to extead.modify.forbear or
<br /> make any acoommodations with regurd to the terms of this Securiry Instcument or the Noia�v�th�ut that Borrower's rnnsent.
<br /> l3.I.oan Ch�ugc�.If thc loan secuced by this Security Instrument is subject to a law which seu maxlmum loun charges,
<br /> and that law is finally intetpretcd so that.che interest or othar loan char�es oollected or to be ooll�in connectton with the
<br /> loan excaed the permitted limitv,then:(n)any such lonn charge shall be reduced by the amount necessary to reduce the charge
<br /> to the pernutted limit:and(b)any sums ulreudy mllected fmm�9orrower which exceeded permitted limiu will be refundad to
<br /> Bormwer. Le�er may choose to make thts refund by reducing the principal owed under the Note or by making a direct
<br /> payment to Borrower. If a refund reduces principal. the reduction wjll be treated as a partial pmpayment without any
<br /> prepayment�charge under the Nate.
<br /> 14.Nottces.Any notice to Borrower provtded tor in this Seturity Inswment shatl be�iven by del�verins it or by mailing
<br /> it by first class m�il unless upplicable luw requires use of another method.The notice s4►ail be directed to the Ptopetty Address
<br /> or an�other address Bomnwer designates by nodce to Lender. Arry notice to Leuder �al1 be given by first class mail to
<br /> L�cnder's uddress atated herein or any other uddre,s.s Lender designates by nodce to Borrower. Any not3ce pmvided for in this
<br /> Securtty Instrument shall be deemed to have been given to Horrower or Lender when given as providec!in this garagcuph.
<br /> IS.Coveming Law; Severabitity. 7'his Secudty Instrument shai3 be govemed by federal �aw and the law of the
<br /> �juris�,i�tlon in which the Propetty is located. In the event that uny provision or clause of this Secudry i�;suument or the Note �
<br /> co�n�Fasts with applicAbte law,such mnflict shall noi uffect other provisions of this Serurity Instrument nr the Note a'hich can be r
<br /> given effect withoun the conflicting pmvision. To tMs end the provisions oS this Security Instrument and the Note are decis�red :?
<br /> to be severable. �:'�
<br /> 16.Bon+nwer's Copy.Borrower shnll be given one rnnformed copy of the Note and of this Security Instrument. �"'"
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