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<br /> at 4he aptloa pt"Landnr� �t' mort� Ineuranc:e cpv�r�p�a��n ti� �rnnurie�nd�r tise perYoa �e iena.�r �jue�l� - -
<br /> �Srovidncl iyy�n i�ursr�ppruvud�y�ncier��ain Oocot;l�av�i(abin end ia ab�sine�.E+:rruwwet e3u�1 pay the pr�nmitams '
<br /> re�utred tc►mdr�uin cx►urtgmgo inaut�nca in eftoct,,nr tw provide a laaa eYVerve. antil tha reyufraczsnnt for morc�o
<br /> ' 3r..���c:��s�!!!!�!�!4f!+!v���4�n�r tKritMn art�ritnent}�et�reen 1�nef�i�'�nd I wnMr�r ix�rihla lrr: -
<br /> 9.Iaop�otion.l.ender ar ite�sent m�y�nake�a�mable entria upon�nd i�pec.�ionso�th�Pr+npere�.lr�erde��611`-:.�..
<br /> �ive Harro�ver nottca�t the time ot c►r or to u►t,cypeodon.peaitrin��on+�ble caw�tcx tM t�p�odor�.
<br /> 10.Coademnetion,Tha oi�ny eward ar.el�im tar�m��,direat or a�rwsquent3�1.in oae�eatiQn w!'th �
<br /> �ny w�d:,�anaitu:�u��tli;;i t�lt��oP aeyr��t at t!-�i'►a�:,:ry��e gac cun�:sycr�tca tn tl:;u a!e�.u;..��i�ao,tn:r:s:.ba�
<br /> swi�ned and stull be pia to I.endae. , "
<br /> In the event of a total taki�nt'tho Property.the pr000eda ehi11 be�pplied W the aunu a4cund by this 5eoi:dtr
<br /> Itutrument,whether or aQt the�due�wlth iny eYCO�e p�id to Horrowar.ln the ovent ot a partt�l t�klns oi she�'mpxty in ..
<br /> whioh the t�ir msxkot vale�e of th�Ptaperty imms+�i{�tely botoro the kin�is equ�to c�t�roater thar�the�mouat a�the
<br /> eume eecured by this SeourIry lnstrument immedtately bsiforo tho�ng,unlaee HorroNar and D.ondar other�vlae a�tee
<br /> in wrlting,the euma eoaunnd by thie SeCUriry Iustrumeat sbtll be reduced by tbm amount ot the procx+eds multiplied by
<br /> the totlawlag fraottan:(a}the totel amouat of tho eume ee�red immedIately beforo tt»hkin�,Aivldad by(b)the i�ir
<br /> muket value oi the Proporty immedi�teIy boiare the talda�.Any balaace elu1D bo patd to HonoRer.In tive event oi a
<br /> p�rtlal taking ot the Property In whtch the iair markat value of tbe I'roperty immediately before the t�kin`is lcae tb�a
<br /> the amount of the auma r,ecured immedtately before the teking�unlesa Borrower sad L,ondor othmvtee a�roe in wdtln� .
<br /> or unless applicablo law otherwise provldem, 4he proa�eda shsll be applled to tho sume seoue+�d bp thie Socurlty
<br /> Iaetrument whother or aot th�sun�e are tt�ea dne.
<br /> If the Praperty is abaadoaed by Horrower�or if�dter notIce by Lander to Borro�ver thst the qoademaor affere to
<br /> m�ke aa award or eettle a claim �or dameges� Horrowor fatle to respond w LaAder wItbia 30 daya dter tho dtte the
<br /> notico ie gIvea,l.euder ts authortzed to colloat and apply the pmoada,st its optton,either w reatoration or repdr of the
<br /> Property or to ttte aume 6ecured by thte Securtty IastrumeAt.whether�r not than due.
<br /> Ualeas Lander and Borrower otherwiee egra ia wrIting,auy appllcation of proceade to prInclpal shaU not oxtend or
<br /> postpone the due date of the monthly paymeate referred to in pnrngcaphs 1 aud 2 or cAeage the amouat oi euch
<br /> paymenm.
<br /> 11. Honower Not Raleased; Forbearaace By Lender Not a Waiver.Extenslon of tho time fos paymaat or
<br /> madiEication of amorttzation 4f the aume soeured by this Security Inahromeat�ranted by Leader to auy s�ccesaor in
<br /> intarest of Borrower ehall aot operata to releasa the liabilitq of the origlaal Borrower or Horrower's succeseore Ia
<br /> iatarost.Lender shell not be required to commeace procra�In�a agaiast any successor Qn intereat or rofuse to oxt�and
<br /> time tor paymeat or otherwisa modify arnortizatta�n of the surna secured by thie SecurIty Inetrument by roason oY ar►y
<br /> demand made by the original Bonower or Bflrrower's succe�ore ia iaterast.Anp forbearance by Landcr ia oxercisittg
<br /> aay rIght or romedy�hall aot be a weiver of or preclude theexetcise of any right or remedy,
<br /> 12.Sncixssors aad Aesi=na Boua�l;Joiat aad S�v�ral Liability;Co-sianers.The covenaate and agc+eome�s
<br /> .���� � of th�s Se�urity Instcument shall biad ead benetit the auaces�ors sad assigas oi Leadsr ead Borrower� subjoct w the
<br /> - provisions of paragcaph 17.Bormwer's covenents and agreemente ehall ba joiat aad saveral.Any Borrower who co sigas
<br /> a; thie Security Instrumeat but does aot esecuu the Nota (a) is co ei�ing t}ris Securtty Iastrument only w mortgage;: �
<br /> �''+� �,� j• graat and convey that Borrower's iaterest in the Property under the terene of th�e SecurIty Iastrumeat; (b) is aot
<br /> personally obligated to pay the sums secured by thie Securlty Instrumeat;aad(c) egree,s that Leader aad any other
<br /> �: i}'.�:s�;�,c•`.. Hortower maq agreo to exteud��fy�forbeat or make say accommodatione with rogard to the terma oi thia Scaudty
<br /> "`� ' ' "'= Insq�ument or the Note wIthout that Borrower's consea�
<br /> ,;��' 13. Loan Charges. Ii tha loan secutai by this Sxurity Inetrument ie subject to s law whieh seta mssimum loan
<br /> •„�'�� charges, end that law is finally�ntsrpreted so that the intenst or other loaa charges collectad or to be collectsd in
<br /> oonaectioa with the laaa esceed the permitt�itmite,then: (a) any suah loaa cherge ehall be reduced by the emovat
<br /> necessary to reduca the cherga to the parmitted Itmit; aad (b) any sume already collected ttom Borrower ahiah
<br /> . � eav�eded perm;tted limita wiU ba refunded to Bonowor.Leader maq choose W make this reivad by reducing tha
<br /> �. � �t� �� princIpal owed undet ihe Note or by mslcing e direct paymeat to Bomoaer.If a reYund reducxs ptiacipal,the reductiou
<br /> _ �•Fs_�`_- ' wIll be treated es a partisl prepayment without any prepayment charge under tha Note.
<br /> -. ,,s.,,, ���_,,.. 1�1.Noticas:Any aottca w�orrower pravided for ia this Security Iastivmentehell ba given by deliveriag it or by
<br /> r�;�:.�:... �.,._: mai l ing It by f lret e lass m e i l u n les,a app lica b le taw requires usa o i anot her me t h o d.'f ha notioo s h a l l b e d i r e c t e d t o t ha
<br /> '�� '° ' � Property Address or aay other addtess Honower desigaetes by aotica to Leader.Anq notice to Lender shall be given by "��`
<br /> '•' ��"f� flret claea mail to I.euder's address stated herein or any other address Lander designates by notice to Borrower. Aay "=a.:�
<br /> ,r��'�;��' ��;== nottce provIded for ia this Securltq Instrument shall ba deamed to have been givea to Bormwer ar Lender when given '
<br /> . s _ as provlded ia this paragraPh.
<br /> .: . IS.Governing Lsw;Sevarability.Thia Security Inatrument shall be governed by federal law and the law of the �
<br /> ' jurisdiction in which the Property ie located.In the event that eny provision or clause oi ttus Seaurlty Iastn�ment or the
<br /> `` ' � ' Note conflfcts with applicable law.such con[lict shall not aftect other provisions of ihie Security Inetrument or the Note
<br /> �''' �'' '� '�� which can ba given effect without the conflicting ptovision.To this end the prov�sions uf thie Securlty Instsumeat and
<br /> � �. the Note ara declarefl to ba saverable.
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