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<br /> } ` -:y� ' Payments utaY no langet b�c�equiied,ai th�ogtion af Len.der.if,naot4ga�e vasifr9nc�oa�.�rage tin the s�monnt r�€Qr i�e��.tiod _ __ ---
<br /> •�..�_.�..:�.� . • , —
<br />_�•�s�� that L�er requires}pzovid�!ry an insumr approved by Leades�a�ain be�m�s avaiL?bte ar.d is o6taine�!-�rroc�rer sb�:lf�ay , --_-----
<br /> %L�� �, �pre�iu�s required'to mainbin mortgage insurnnce in effeci',or ta pravide a�oss r�erv�.untit the resjuifiemeat for ttuirt�$e � _ _ _
<br /> � � insuranFe ends in acs�rdaace witb any a�ntuen agreement Eremeen Barro�rer aad I.e�er er agsplicaIsle law. � � - -- --.--. __
<br /> -=-_�� 4.Inspes�tfon.Lender or it�a�ent atay make reasoaa6ie�ries upon auci I�Pections of�he Property:TJeuder shaJl gjve --.-
<br /> .��..� _
<br /> �:�i,.� � Borrower�tite at the time of ar prior tn an inspection s�ec'sfyiag c�asona6ie cunse�ot�e inspection. . ' _ -
<br /> :.• � i�.Coad�tnaatiam.'IYie proc�eds of any aF�ard u:ciaim for damages.direct or cor�ses�ae�tial,in oonnecaion with nny. �.i _- _-_
<br /> �'�f�"'��'r� oondemn�uon or oihsr ta1Q�g of any parc Qf[he PropertY,or for coaveyance in lieu af oondemnaa�n,are hereby assignsd aad �- _= �
<br /> ,�f�t � _ o�- -- ._
<br /> z r rY , sh�16e paid to Lender. .,�
<br /> t 4: . In the eveat af a total taking of the Feopeity:th�pr�s s�all:i�ap{�1�to the sums secured by this Srrurity Inswm�II.- . � ` �__ .
<br /> � •``-'�`� cvheihet or nat then due.with anp exces.�paid to Borrovrer.in the evsnt af a parciat taking of the Progerty in�vhidi�the fair =�--_—
<br />��'.���T:.:-::• y befare th�taking is equal.m or greatec than the amount of the sums secvied by tlSiis ��-rt�=��=-�,_--
<br />�_ market vaine of the Froperty ima?ediatel — - --_
<br /> �� �:=:�
<br /> .-.�rz.:r��...d- SecuritS►Tnst�ument irnmediately 6efore the taking,onless Bonower and Lender otherwise agree in writin�,the sums secured by _ — --
<br /> '�`�,� `- this Security Instrument shall be t+educed by the a�ount of the pmceeds multipIied 6y the following fractioir. fa)th_totat � -
<br />�`�-'^`'� ' ;� amons�t of the sums s�immediately ir�fore the taEcing,divided by(b}the fair m�icet valus of the Pcoperty immediately ��.m��=�6.--
<br /> �'''--__'�'� :.� z. s�atl'Gsz a�d to Borruwer. In the event of a partial gakutg af ti�e.Pmperty in wIuch the fair = _— --
<br /> befare the taking. Any�-� P
<br /> �s��""� market value of the Propez�}+immedi'G=-`°�Y aefore the taking is Iess tfian the amount of the svms se�ured immQdiatety 6efore the - ----
<br /> �"��`�"'�'-'� taking,an2ess Samower z�Leader otherarise agnee in arriting or unless appli c a b te iaw a t herwise pmvi des,che pmceeds shall �`'� �°" , __-
<br /> `��'__�;,,��i' be appiied to the sums seas�d by tflis Security Insuument whether or aot the snms are then dae. . �"" ------
<br /> ���`t' �`"`1--�---°--- -
<br /> ,� a��g-._ If t6e Pcoperty is a6andoned by Borrower.or if.after noiice�y Lender ta S oxmwer t h a t t h e conde�.T.�#fers w make an � _._ —
<br /> -�+ •award or s�tle a claim for damages, Borroa+er fails to respond to Lender a�itthiu 3� days after the date�notice is given, -_
<br /> �,-,���``;,' -
<br /> _-•:;,�;"- z�.�. i.eudzs is�nii7ed to coltect and ag��`the•pmc�ds.at iu opt�oa,eit�er tn r�storatioa or repair of the Pro�erty or to th:sums � ,
<br /> . ��
<br /> l ..;���;,� :secvr-.d by tlus Secaricy'lc��uamsrlt,ra?��er ur noi then dae. � � x�_ --_
<br /> Untess I.ender ar,.+�:�.-o�c'..r�wise agcee in writinS• anY aPPlicat�an of proceeds to princigai sl�::�l not extend or . ��� `
<br />_vr �i-�.:`;z`,..�` . "..,.�ostpone t�e due datE of r1�:.�:':y'�r'�ymeuts referred to in paragraphs 1 and��cl�ange the amount o€sc��ymeats. . . .�� _,.= _.
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<br /> ��'�='_F: ., � Il.Sorrower Not�ease�i;E�o�auce By Lender Plot a Waiver.Extension of the time for pai�or madificaiion ��.���_:-
<br /> � �.�.• —
<br /> _�;=�,,-.;,,.,;. ,•,� of amartiration of the sums secured t�y�is Security Instmment granted by Lender to any successor in ittterPst of Borrower sHall _��
<br /> ;�;, not operate to release the liability of��:a�ginal Borrower or Borrower's successors in inter�st. Lender shall not be reqnired to �. -
<br /> - ...r`:..�:-.. cammence praceedings against any succes§or in interest at refuse to extend tirae for payment or atheswise madify amortirdtioa '�-
<br /> . .:}r �
<br /> •'�.��;;•:- .���.•�. of the sums secured by ehis Secority Inswment by reason of aay demand made by the c,riginal Banower or Barrower's __
<br /> � •- `sqccessors in inierest. My forbearanr�.�y I.ender is exercising,any right or re�dy shall not be a waiver af or preclude the. • � •' ,,,-� �
<br /> ��::� -�-���i,,'�. '� ri t or remed ; � ```
<br /> ;i�-�::7�:-,,l��tt�, e�teretsea,�•:�3' Sb Y.• : .-
<br /> ;,;,:=•:1,� . 1Z. ��ccessors and As�fgns II'�dt Joiat and Several �[:,SI�ty, Ca�sigtiers-TEZ:+�Jenan�s and agreemencs�this
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<br /> _.'�,:k,�,l�'rI: . , Security Ir,strument shall bind and L-�efi�the snccessoTS and assigns of Le� and Bc;.*�;.✓er, subject to t6e provi��-�s of �`":
<br /> .� paragraph 17. Borrower's covenanu ar.d agreements shall be joint and secc� Any Borrower who co-signs this Securiry •.'�:__
<br />-r::<�����'�'•�'-��`• tnstrument but does not execute the i�ate: (a)is casigning this Security Instsument only to mortgage, grant and canvey that _
<br /> .
<br /> _. .v�.,��r . +' .
<br />..;;i„i�;a:;;'.;,� 8orrewer's interest in the Prope[ty uc.�r the terms of ttus Securi¢y Instrument:(b)is not�personaliy obfigated to pay the sums
<br />=-���'�;'+�,•�=� secvred by this Security Insmimeut;and(c)agrees that I.ender and any other Borrower may agree to eztend.modify.forDear or °''}y
<br /> ..; , -Y. .�: �
<br /> ��,. f�;:.,: matce any accommodatiorts with regard to the temu of this Securiry In'strument or the Note without that Borrower's consent. y ,
<br />�'G;.s�''"''" ' 1.3,Lo�n C�es.If the loan secured by this Security Instrument is subjecc to a law�vhich seu maximum loun charges. < ti��:� ' "
<br />.- � ls�s•i'� '
<br />. .._ ---r�'.. • '��.� '.
<br /> -'�s�'�:�';' { and that law is finally interpreted so that the interest ar other loan charges collected or to be collected in canrtection with the ' •��,�
<br /> -i,K �
<br />;,r�_ '1:::�:„ laan exc�r t3e perinitted limits. then.(a)any such toan charge shall be re�uced by the amount necessary to reduce the chazge , �J� ;�.."
<br /> �`�3�`� � .�° ta the per�w�limit:and(b)any sc�aiready collected from�enower which eaceeded p�rmitted limits will be refu*�=ed to � %`i �,�-,�
<br /> --="��'����.. Borrower. Yxnder may choose to ma?ce this refurd hy reduc:�� w:e principal o�ved under the Note or by making a direct }�.� �`"`-
<br />__�-`=_:i�13{.f5: . ��..•.��� ���
<br /> �«��� payment to Borrower. If a refund redetces pric*�..5. the re�.�an wi1! f�:ereated as a partial prepayment w-ithout any _ ..�: �Y1.4• �_�
<br /> ���.,��4��.. • �ir' �
<br /> ,�a:.»a; , . prepayment charge under the Note. - -
<br />'^"''''rf `��'t% 14.Natices.Any notice to Borrower provided for in this�ri Instrument shall ise-'tien b detitiera it or by r'.ailin .
<br /> ..�_,;..,,�, �Y g Y 8 s ' ,•.i�o_
<br /> _ .. '`�}i;. � � j• ,�- _
<br /> .;,•,.�r.;:,.. . it by first ctass mail unless applicable law requires use of anou�.��cr.�thod.The nntice shalr��.:rected to the Property �'ress �.
<br /> • • nr any other address Bezrower designates by not'sce to Lendr;. Any notice to l.ender stztl be given��� first class mail�to .
<br />, ;�"��-��r ` Lender s address stated L��in or any other addre�s L�xn�er designates by norice to Borrower. Any naua=�rovided for in ihis � ' � t'�`
<br /> �..�.� ,-• , .'`ia'� :.���:�-,.ti
<br /> -. �,;_.:_•. Security Instrum2nt shalt��e deemed to have been���r�s to S�:zcwer or Lendes��zen�iven as provided ia t!::s Qaragraph. :��
<br /> . �5,Governing Law; 5everebiLiy. This Security �.^�riunr_nt shall be governed by federal law and the !aw of the -�� -
<br /> ��.�,; �l jurisdiction in which the Propeny is Ie�:z.:ed. In tne event th.o:t.;:.�y provision or clause of t�i�Securiry lnstrument or tite Note , .�;�� •
<br />_= � ;';�::;:� conflicu with applieable law,such conf�ici s.h�it rct affeet othec�;ovisions of this Security t�.st:umecn or the Note whicn can be . _ � "�'�_ , r-
<br /> :''i.��` �� �` iven effect withont the conflicting provision.Tc��ius end the Qrovisions of[his Securiry Instrumen2 an,i ifr:PIote aze declared r'
<br />��4�-:_ . g , . , .t.
<br />�•.•:��., �� . to be scverable. • . •
<br /> _ �`;`<_..
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<br /> �� ' .s= 16.Borrowet's Copy Bonower sha11 be given one confarn:+ad copy of the Note and of this Security[nstrument. � }i� • .
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