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<br /> <��,: .� �` ti_ .• :~ a4 ttna aptian of Lander.if mart,�a�e insuran�co�eeage (in t�e amowst and�or tde P.eread that I�aade�`�r�qu�es3 -
<br /> ;�;:,. F. :� �, �� .�• ' ps�vided by aa iasurer a�groved by Iender ag�sia l�amcs available�nd is�bta�ed.Hoitower s6a11 pay the preaaiums . _.
<br /> . �` , .� .� requirr.d t�maintain n�ortgaga�.vrasu�e ia effect.or w provids�1�rEServ�uatil ttte t+�qui��sacnt for mortgaga --
<br /> . :} �,• . iasUraAOe eads in accordsaoa with any pritten agceeraeat between Earrower and Len+�tr os epplicable law. . � -
<br /> . ,i � , ten
<br /> ti s�� � � � 9 taspectioa.Lendet ar its agent map maYe reasouable eatries upna end iaspactions ot tho Feopert9�Leader shal.t -
<br /> ` • ;�.. , � `--- give`8orruwer aotace at the time of ar grior to an iaspmetiun sp�eifyiug re�aahIe causs tor t�e iaspoction. � _
<br /> � 10.Candemaation The pr�s of anp eward or claim for damag�.direct or oons9qu„an'�al.in coss�Ctiaa with
<br />- � � , a�,y coademuataan ot other takia�ai aay part a4 the Froperty.or for couveyauea ia lieu of costdemnetion.are�ereby ,
<br /> - - es�e+d aad shall bayaidto Lendar. '
<br /> ' � . Ia the�vent a4 a t�il tskiag of the�'toperty,the Praxeds sha1l be app�ied to`ttte�ms�6�t4�is�uti�t �
<br /> Iastrumeat,whather or not then d�se.with��y e�paid to BatPOwer Ia the avffit o4 a partial taYiag oi�ths Pmg�rty�ia �
<br /> . _ ' < �. .' ,,; whicb ffie fais market valu�oi ths Pro�t immediatelp before t�e�is equal to or grestzr than the am�uat oi ti�e �
<br /> " ' ' suma secured isY tbis Securit�t I�meat iaimediatelq before the tatiiqg,untcss Borrower ead Lender otherwi�e ag,t'ee .
<br /> . : - in miting,t�e sums secured bY ffiis Sec�trit9 Insttumeat shall be reduad by the amouat o#th�pm�eds muidg�ied by.
<br />_ . . . : . the Eollowing fiar.tion(a)the wta]amount of the sums secured immed'iatdy before the taking,divided 1fY(b)tfia fair ,
<br /> . , .. • marl�et valeie of the Prvpertg imm�diately before th$taiting.Any 6alaace'sball be paid to�Basm�er.ln th�event af s , ; .
<br /> . , .. '�, gartiai taYing of the Praperty m wbicL the feir maricet value of the Propsrty iAnsaadinu3y txto�th��g.ie le�t$aa
<br /> .. � .''�� the amouut of the sums secured imm�iately f�efore the tatang,nnl�Borrnwer and I:endzr o4tterwist agcea ia�vciEiag .
<br /> •.�.`,_..�. <:' ar aal�agplicable law o2herwise Frovides. the Pro��1 be applied to the sums secused by thia Socurity .
<br /> � �.. .. ` � � Instrumeat wh�theror not the smas are thea du� :
<br /> �: . � . If the Property ia aba�cdoned 8y Barrower,or if,afoer natiex by Lender to Borrower thartho coa�+esan�r oitcr.�t�o . .
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<br />' �` � maYe aa avvard or settle a claim fot daznagea�Bosrower faits w respond to Lende"r withia 30 days after t�e dasa the . �,�
<br /> `��. ,:... � . `. aotice is given,L�dzi'is arathorized to collectand apply the psvaeeds.at its aption,either to r�ratiaa or=epeiro€the
<br /> . .° , � prnperty or ta�the suais�by tbis Sec�rit9 Inst�ment,whether or aot thea due. .
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<br /> ,- --...� ._,. -.,--_ . ... .-.- -- Unless Lendez.aus�$orrower ottter�age+x ia,wnting,a�y'ePPticati o i to principai sha]1 e�d. :
<br /> � � �
<br /> - - . . h�.. and 2 or cban the ammuat bi su� •
<br /> `` ' � pastpone tlie due date of the montiilY P$Yments referred to ia�Paragr�p ge a .
<br /> � . . . � • , paymenta... �a �
<br /> � 11.Horrow�s Not Released;Fos�earaaee By l.eader Not a Waiver.F.atension af the time f4r�peym
<br /> � � �nodi�i+cation of amortization of the sums�by thia Secu:it9 Insuvment g►snted bp�uder to any suoc�eor iA...=�;,_
<br />. . _ - . _, .'_ iate�t of Bortower shalt not aperate to release the liahility af ttte oripaa! Barrower or BorroWe�s stsa�sors i3t . � . -
<br /> ,.. interest.I.eader shall not be req�etl to comsaeace praceeding�apinst any sua�or ia u►terrst or caiiise tfl estet��
<br /> ,..
<br /> � tiaae for payment or oshera�jse madiiq amortization of the sums�secured bY t6is SecuntY t�s�wae°t�c�asoa of any �
<br /> . � deiaaud made by the ori�aa�Horrower or Bonvwes's succe�o:s in interest.Any forbearanfle by Le�s�in�g� .
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<br /> � . .-. ;,`°'�;,; auy rightor�edy ehall natbe�waiver of ospreclude 4heeserci.�of aap rightor nemedy_
<br /> • '.:,i;�` 12.Sucor�sors aud Assigns Honnd;Ioint atid Several Lisbility;Co-signess.l7�.e�+venanCa an.d agrtem�
<br /> � ena
<br /> . � . of this Secutit�[astn�ment sha11 bind and beaefit the saccessors sud as�gas of Lender um� Borcower.sub�ect ta the �
<br />, �. ,;�;�,;;,;, �' . .. grovisions of�r�agD�7_Hornnwet's ooveuants and agreements shall be joiat 2nd severa].Aay Bozra�ve�r who co signe
<br />- '`',r;��`,;:: .. . ttus Seivrity Instrvmeatti�t-`i dae,s not esecute the Notc:(a)ia co-si�g t�c�SecuritY InsWment anlq to�aortgage. .
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<br /> ' _ ': .: grant and oo�vey that Basro�e�'s interest ia the Property under the tenas af this Secuiity Instrumen�(b) is not _
<br /> . . . • personaUy o�'�gated to pgy the sums e�by thia SecuM9 Iastrumeafi and{c) a8rees tbat Lendet ar�d aag oiher
<br /> .� �orrower�agee to extend,mcdifY;�orbear or make anq accommodations with re�rd to tha serms of this Sxurity
<br /> � Instrument or the Note�vit3iout that��rrower's consen�
<br /> ' 13.Loaa Chuges-[f the 2oan s�c�red by this Secarity Instrument is subject to a law which sei��tnum toau
<br /> ' � . charges.ead Ehat law is rnally iater�aeted so t1�at the interest or other toau c2iarges oollected or ta De coil�ted in
<br />- � � � ,' cosmection�t�the loan esceed the pc�nitted timits.then: (a)aay sucL loan charge shaU be reduced bY the amauat.
<br /> � aecessary ta�z�duce tho ct�arge to trra permitted limit; sud (b? anY sums alreadY colles�d it+osn Borsower wh�
<br /> esceeded permitted lisnits wiU t�e refunded to Borrower.Lender may chnose to maYe t�s refund bp stducing the ,
<br /> ��.'t;"',%� . priacipal owed uader the Note or by making a ditect paymenL to Borrower.If e refund recFiices priacipal.the reduction .
<br /> .. ����'��4r;1�'�� � . � will be treated as a partia�prepayment without aaY Piepayment cbarge uader th�Note .
<br /> ` '"`j��'�� '?`��{�` 14.Noiices.Any notice to Bormcser provided ior ia this Sec�srir9 Instrurnent sha111�e P&ven by delivering it or by _
<br /> , � •,.s:,.. .
<br /> . .. � mailing it by#irst clasg mail vnless�9icable law re�uires use ef another method.The notice shafl be directed to�e
<br />`-,�� .;'' � � Ptoperty Ad�or any other addr��orrower desi�te�by aAtice m Lender.Any notice to l.ender shaU be give�i�aq
<br /> ��4�:;,. • first cla�mail to Leader's address stated herein or any othes addresa I.eader desi�ates by notice to Borrawer.Any
<br />� �.,,'��r��'}..
<br /> :'��•,:^;,:,,.; . . �autice pmvided for ia this Security Instrument sha1L•ba deemed to have been given to$orrowet ar Lemder when given
<br /> = . . as preyvidcjd in thia paragcaph• -
<br /> - ��'�'•• . . � g�.Go✓arn;ng Law;Severability.Tlus Security Instruiaent shall be governed by f�cteial law�aEf the law o�'.tha
<br />_ � � .�7..�� � . . � jurisdictia�cn which the Property is Ioceted ln tha event that any provisioA or clause ef ti�i���curity Iastrument�7 the '
<br /> '�•��� � � � Note eonilicts with applieable law.suc�i conflict shall not affect other provisions mi this Sr�a�rity Instrumeat or the Note
<br /> �� .r;;�r�� , which can ba�iven effe�t withouit the conflicting provision.To this end tlte psovisioas of this Securitq tnstrument and
<br /> • �'��� : � � the Note are declared to be severable.
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