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<br /> =�'�:..',_''; �''�� .: � Qa,yments mzp aa tt►nger be�uirad.at�ogtton bf beadet.'tf umtttgage inrn�oe Covecage(tn,the eutouQt�u os p�a� , —
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<br /> _•� �:.�.=:;.�. that�.ender naquires)Provid�by ctn insetner apprav�d bq i.eaQ�r agaan berom�avnilahla zad is Qbiained.�araower shait F�Y
<br /> �` �ti . '''"` the premiums.require�tA maintain taor�ge i�araare in effeM.ot to pmvide a ioss re�enie.�aoi!the reqairem�nt for mart�
<br /> � ;' ,,. i:`° insumnse euds{n AccorEiartcc�vith any tvrittem agreenteni bens�n Bombwcr and i.et�der or agpllcaYite.Iaiv. '
<br /> � .,. ..
<br /> ,T��: � , `',�� � 9.Saspestioa.l.esder os its agent may make rca�anabte eaui�upun and�inspect�ans of the Preperty.Lend�r`shall�+iv�:, .,
<br /> ��•u.,•.,� r_ , .
<br /> -.���x,_?�,�,+�'r .,t , �ona�et aotice s�t�the ame of or prior to an insg�ction s�cifying�easQna6ie cuusr.far the inspeceioa. , ,
<br /> --�°�.=- . �.,.�:'�. ' . ' 14.Cand�nattuts.Ttt�Proa�eds of any nQVard or claim for c�amages.direct or consequemial. en eoanectioa with auy � .
<br /> �`�'"'`'� ; 1,'`� ` randemnation or ather takiri�of any�ra`of the�Propttty.or t'or oonveyaase i�liea of condemnation.are h�rby assi�ed au�
<br /> ��-� , shnit be paid to Lender. . , .
<br /> . '���` ` In the evea�of a tot31 takin�of the Prog�ty.che proc�ds sh.�f i be e�plied to the sums�by this S�vultY Ins'*'=="�'�•
<br /> � ��- - -- whether�r aot then�e,witb�y exoe.ss paid to Bflrrouer. In the eyeat of a p�tiaf taking oY the Praperty in whict►th�fair .•
<br />�.��s.':':. .�. : � �', • mutcet w,�lue of the Prage�ty ic,�m�diatety 6efom the tsking is eqaal w nr�neater tbau tits.am9nnt af t�e sums�Qsy,ttus � .
<br /> - . � u � . �urity fnswment im�ediately 6efore the taking.pnlQSS Borrmver and LeMar otheiwise a�e in u7itiag�the s�s�'arcl by
<br /> -::r• .,� • �' '4 .
<br /> :'. .` '> this 5ewr'sry Insmuaent shsll i�e redace�l by t6e am�unt of the procc�ds multipliad by th�follotiving fra�ian: (a)t�t�.iot�3
<br />-?�"�;"-'`:�-.-:�.,-`� amount of the sums sesated immeaiattly befose the taking. divid�by(b)tde fair marYet vaI�ae of ttte Plapetty imm�siiatcIY
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<br /> �. :,,. �fore the taking. Any batanoe shail be paid to�nrra�eer. In the eumt ai a partta!tFilcing of the Pra�perty in wHtct�tha t`a�r •
<br />_`�=<�=;... ,`�'.` f m�rket w.�lue of the Propercy immediately before the taking is tess chan the amnu�t of tAe swus sec�ed iam�iatc3y ixfore the•
<br /> ; �.:::. .
<br /> �-J ` ;�:� tahi�U°.tuiless Borrowec and Lettder other�eise agree in vvriting or unless applica6ls ta�ar otL$twise pmvides.the prae�eds shaF�(
<br /> � � , : he�gplied to the sums sesumd by this�Ctuity insnniment cvhether ar aoi the sums ate l�due. . . ..
<br /> .. , _ if thg Propetty is ahandoaea by Bormw er.ot�if,after notioe!sy Leader�to Borrower thai thc c�ndEmnar afferE w asaks an
<br /> a..:•.�...�. ;,.E': `
<br /> ;��.,�.��..� � aamrd or s�tle a ctaim for dama�es.Eotrovrer faits eo nespoIId to Lender cvithin 30 days�'ter the date the acxica.ys giv�n. •
<br />-:i�-,:' `�M1�,,:� ' [.ecder is ainhorize�to wllect and apply the pmceeds.su its option.eitt►er to rzswr,uion ar repair of the Property or�ro¢tt�su� �
<br />- �_�>-_': sewred by this Security Iasnumen�wheLher or not then du�
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<br />� _' .'..�..•�.'_ :�. Unless Leadzr and Eormwer otherniss agree.in�vriung. any aPDlicatian uf praoes�s to p� s1�aU not eatend or
<br /> . .� _� 'r .• . pastpnne We due date of the«ronthSy payments refemed to in paragraphs 1 aad 2 or ch�nge the'amaut�of susD pay�me�. � .
<br /> -���.�,�'� ,���-.:�-". -1!.�Bo�+us��Net Kelrased:�'orbearaar,ee�y I.ender.I�ot a�Vafeer:.Ext�nsiesn of th�time for�ar nndific�tin� �
<br /> !
<br /> � of amortirauon of the sums secared 6y this SECUretY iastntment granted bY l.ender�°at►Y sacx�sor en intae°si of 8om+avver.sbalt .
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<br /> • � � � not aper-pte to release the liability of thc original8orroner or Borcoaer s suooesars in iTRerest.Lendes shall not he coq�a'rd co ,
<br /> '.��:„�. � ` , co�mnence proceEdings against anyr saccessor in iruetest or refus�to ex4end 6me for pay�eut or othetcuis�modify amao�tizaxion �
<br /> ---_-- _-- ., of ttce sanns secared 6y this Security Iiuhumeut.by r�.son of any dem�nd made by the originai BonoR�er os�arraw�r.`s .
<br /> ' .. successo:s in intcrest. A�foibearac►ce by L.ender in exereising any rig1�t or�y sAalf not be a waiver of ov Qt�ecltxi�t�e ., ,
<br /> � exercise of a�r right or remedy.
<br /> ' . lZ.Saooessois and A�igas Sonnd; Joini and Seve�a! Ida6itity; Cp�signers. T6e cmenaBts afld ngae�ri:nts of thi� �. ,
<br /> , .�' ;; S�prjty in ,m�,t�11 bind and�enefit the suecessors and ass9gns of Lender and Borrower, sabjcxt tn the provis�ons bf
<br /> __. . � ' Paragraph 17. S�r�awer's mvenam.s and agreements s1�a11 be joint sad several. Arry Sorrower who oo-sigas this SaArity .
<br /> . � Instrument but does not execute the Note:(a}'s co-signiag this Secarity Insaume�only to mortga�.grant a�oo�rtie3?that ..
<br />- - ' � . Borrower s intemst ia the Praperty under the terms of this Seca�rity Instrument:(b)is aeY pecsanaliy obligated to.pay ehe sutns •
<br /> `��jt��.' � seaued by ttis Seauiry In�*+.��,�-and(c)agre�s that l.ender and any other Borrawer may agree w ext�.modifY•forbeas or
<br /> ; '}Q�.F', .
<br /> • ',ri'���.=...• malce aay zccarrunodarions with reprd to the terms of this Security Insuucueat or th�1�ote�vithout tliaL Borrower's oonsesu•
<br /> ' • , 13.Loan Ct�atiges.If the loaa secured h�tfus Security Instrument is subject ta a faw�ttic6 sets maldamm toan cl�arges.
<br /> . � .. . and tt�at law is finaliy interpreted so that the intes�est or other loaa charges collecud oY to be collectc33.in�n�ertion witi�tLe
<br /> `: ` ' • loan exce8d the permitted timits.then: (a)any sucb loan charge shall be zeduced by the amnnnt necessary to reduce thc sbarge
<br /> � ... to the pemntted limit:and(b)any sutns already collected from Borro�ver whict�eacceEded permitced liatits will be refwzdod Co
<br /> � � � • � Bonower. Lender may choose to make this refund by reducing the princtipal owed under the Note or hy matdn�u direct
<br /> , ' � L �� � , payment.to Borresuier. If a r+efund reduces principal. the reducdon wiil be treared as a partial PtePaymet[c w�thaut any .
<br /> , �. .:
<br /> :i:;!�.:;�:, :._ _. prepaymeat char�un�er the Note.
<br />- � � � � 14.NoUttces.Any noqce to Eortower provided for in this Secucity Instnunent shall be given by delivering it or by ma�7ing
<br />` � �:..::;��;r;;�; ' it by 6tst class mail unless zppli�:tb(e law requires use of another method.The notice s6all be cQirected to the Property.Ad�
<br />'�•�•;'..:;�,;F�';. � ar aay ather addrpss BorrowEr dctt;gnates by ndtice to l.ender. Any noflce to Lender"shatl be given by first cifus mail to .
<br /> _e._.,.;. . Lender's address stated herein a�any other address Lender des4gnates by notice to'Borrower. Any notice pmvided for In this
<br /> :°,� � Security Instrumeat�?^,all be deemed to have treen given to Barrowcr or Lender when given as provided in this paragtaph. .
<br />�'`�.' � � � ' 15.Goverafug i.a�v; Severability. 'Fhis Security insnumeat sJ�all be govemed by federal law and the !aw of the
<br /> jurisdiction in which the Propecty is located.In the event that any provision or clause of this Securlty insbument or the Note
<br /> - i. '. • ront�i�[s with ap�ficable taw,such conflict shaU not affect other provisians of this Security Instwnent nr the Note afiech can 6e
<br /> - -. . given effect widwut r:�e wnflicting provision.To this end the provisions of this Securiry Insuumsnt and the Note are declared
<br /> -. � � � to be severable. �
<br /> • .� 16.BorroKr�'s Copy.Borrower shalD 6e�iven one conformeA copy of the Note and of this Secv::ty Iruwment•
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