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<br /> -- �:,5.��:�'�",� p�,y��ts m�y a�[�riger be req�irec�.at the'optiaa of Lercder.if�nga,^e insd�snge wvec�� ..
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<br /> °;��`' ,� tP�s Lerbdes rec�uires)pcovided�yr an ir�suer�rov�6y LBndzr agaizr b�omes avaiL�tbl�and is a6tait�.Bgaeowee Ehr1��Y . . 4.,
<br /> ,`' ��` �*- '���� the pr�miums ret�l�Ired ta maint�in mtinr�;e ins�traace in effax.or ta pmnri�c a lnss tcscne.untc!tt�e�uire�.^�t far cian�3e
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<br /> --- -����' ' imurnace et�s�n acoord�wi3h any written agr�tent�ceen Bonro�srer ur�t.e�.°e ar agpli�le[ac�. • . t •
<br /> _"'�'i�t� f� � ' 9.In�e�on.Lendes or its age�t may m.ke rasosa�le e�tes�a,n.u�d itsspeations nf th:IFmgcrty..Lende��6s1!give � •
<br /> —=��:��`"'�'�-��� Borroiver rusiice ut the tImQ of or scor so an i on��{f�i rea:flnablc ra�e fot tlt�ins�ectebn. .
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<br /> '�: ;� 4 �:. .. ;� 10.Comdemnaj�ou.'i�c ps�reeds of afly uevard or etai�n for�es.�ire�ror conscqu�a�ial.i�cnn�n wItis.arry
<br /> ��. ,- • � � , oondem�uian oe atTu�r taking o�sury p�t a£the Property.or for conveyan�it�lieu of condemn�iiou.as�herehy�si�a�aa�
<br /> Y �: ,�'� shall be paid to Lender. , � . � . . _
<br /> 4; � In.the event af a tosa!taicing of the Ptogenj+.the prooeads shaU�e agplfed to the sums secured by this'Security I��u.-i�- � --
<br /> - ` • -''``''� �vhether or nut titen due.�vith arry eaoe�paid to�ona�rer. ia t�e eveat of a partial taYing af tiie Y�ropzrt2r in.whic�t�fait
<br /> 'y --_�.-":Y-:---�� � ' murk�value of tM Pmperty ic�me�iatety 6efore the takin�is eqaal w:or�er tI�an ths aawuns.of th$sums sevrred by�his.�..
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<br /> .,_.,�:� :.;.:,•. . . � ,� , t6is Sertnity Insuum.ent shall ise c�dus�d by the.ismouni of tfie proreeds•multipSi� 6y the faft4cring frxctton:,(st)tt�t total
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<br />_— =..•�;�,��. amonat of the sums s�caued immediately before the taking,divided hy(b)ttte fair fnarkei val�e of t�Fro�etty i,nrrnaiac'rly
<br /> `�y`:"`�°�"°�"�:� befon the tafanS- Ac►Y balanae shall b�paid to Bnimcs-ea. In thE event of a partial�taking of the�ropeitp in wF�ich ttie fair .
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<br />=+r,r:.;'�,�� '::y,#., market value of the Property iarmediately before che raldDg is las t}ran th�amount of�he sums sscure�iinccediat°�y before the �'
<br />_� � - -_ �..�:-, taking. um�ess Borrower�ad I.ender otherwise agrr�e in writing os anless appti_Gable la4v oth�►wise pmvicl�s.ihe proeea�s shait
<br /> �`' � �• :> be applied to the sums secvre�by this Secvrity instrument�vUether or not the sums ruz t�en due. • ' ,
<br /> -: ; - If the Property is a6aadoned by Borrawer.or if,after uotice by Leuder to Borcower tltat th�oo�xiem�r affe�s to maka�. �
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<br /> :�':`:; .'.�_"`�:�-.:'": , :.�,, award o;settle a claim for damages.Borrower�f2ils to respond w Leader within 30 days after ttte dat�the natice i�Bivea,. •
<br />•_.,�..s�;t _. . �s. Leader is anthorirrd to�oollert�d a�p1y the proreeds,at its option,eiti�to�estomtion or repair of the Prope�ty or w Yhe'sums .
<br /> �.�. . . ' ` secuied by this 5ecurity Iastrament.nrhether or not then dne. . •
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<br /> Y='`.`� - .. _Uniess Lender.and Eorro�uer othenvise ag�in.a►ritinS. aay.appliqtion_of.procceds to prinsipa[ ah�sll not exten4 or .
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<br /> ' • ` , postpone the due date of the monlWy payments refened to in paragraphs!and 2 ur change the anwunt of sudn paymQnLs.
<br /> -- 1Z.Bornnt�er Na!Released:Fosbearance By I.�der Not a Vtiatver.F.xtsasioa of the time far p�ymen#or mudlfication •
<br /> • of amortization of the sums secured by this Secqrity instr�ment�ante+d by Iender to azry saecessar in interest of 8orcnwer shalt
<br /> r--�=.,,_;:: .:� .�` noi operate to release the liubilitgr af the original8orrower or Horranrer's suc�-sors in inte�esi. Ler.der shal!reni be required so `
<br /> `. '` '. commence procee�ings against afly suo�essor in interest or retuse to extend time for payraent or oihernrise ntodify amorti�atifla
<br /> ' . :.,��,. ' of the sums secured by thu Security Instr�mem 6y reason of any demand made by the orignal Bnrmwer or Bormwer's ---
<br /> ' "'. !1�'.' ` ' �' sv�ssors in interest.Any forbearance by Lender in exercising any right or remedy shall not be a waiver of or gs�Iade the
<br />,•,,::.�. � : exercise of any right or remedy. ,
<br /> � 12.Sa�is and �Igas Bo��;doint and Several Liahro�r, Co-slgne�s. 'i'he covenants aad agr�ements of tfap ,.
<br />• . . . , � ' Secmrity lnstrument shall bind and benefra the saceessors and assigns of Lender and Borrower. subject to the provisians csr`r
<br /> . " - ' p;,r�3�aPh 17. Borrower s covenants and ageements s�a11 be joint and several. My Boaower who ca-signs this Secarity
<br /> . . . - • � Us�[rument but does not execute the Note: (a}is co-si�ing ttiis Security Inswment anly to mqrtg�ge.grant and convey Wat
<br /> . Borrower s iaterest in the Property under the terms of this Security Iattrumen�@)is not pe�sonaitg obligated to pay the sums
<br /> • , � � ., secure�by this Security Instmment;and(cb agrees that Lender und any other Bc�rrower may agree W extend.madify,forbear or
<br /> .. . , • . make any accommodations with regard to t�:ierms of this Security Insuumeat or the Note without that Borrower's consent.
<br /> � � � 13.Loan Chasges.If ti�:loan secared by this Sewriry Instrament is subject to a law which sets maximum loan cbarges,
<br /> ,, �,; � � . and that law is finally inte�prcfr�so that the interest or other taan charges collected or to be rnflected in connection aith the
<br /> - � . .. loan excRed'tlte:�mritted I;a�ith:then: (a}xny such loan charge shal!trz redaced by the amount neoessary w reduce the charge
<br /> ' , to the permitte�' limit:rind(b}any surtss�r�dy wllected from Boi�+z�ver which exeeeded permitted�limits�vill be refundc�..can ���_-
<br /> ' ' �'f . Borrower. Lender may choose to make this nfund by reducing tTre principal owed undcr the 1�Iotc or by making a direct _
<br /> - �� � � • �ayment to Borrower. If a refund reduces principal. Ute redu¢tion will be treated as a panial prepayment�arithaut aay
<br /> �� � � �ayment charge under the Note. _
<br />=,� , ���; . � 14.Nottces.Any notice to Borrower provided for in[his Security Instmment shall 6e given by delivering ic or by mailing '-
<br /> �r�:��`� it by first ctass mail unless applicable law requires use of another method. The notire shall6e directed to the Property Addtess =�i
<br /> ��,� ' • . •:�'{f;�� , or any ot her a d dress B orrawer designates by notice to L en der. Any no tice to I.en der s h a l l be given b y fi r s t c l a s s m a i l t o ��
<br />- � t{:,, .'. � Lender's address stated herein or any other address l.eadec designates b� r,ntice ta Bonower. Any nodce provided for in this .�:`;�}
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