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<br />_Y�<--_ '- - 9 Iaspettlon.Lender or its ageat may make ieasona6Ie mtries upon arcd.impecttona of the Prap�ty.Leuder shai! gtve _��_ c..(.-.- ;- ,_ :�_
<br /> ,-- � ' � ' Borrower notiee at ttae dme of or prfor to an inspection spedfyIng masanable eause for the�SUpecdop. `•
<br />� ' t0 Caad;camatfon. The proceeds of aay awfud or claim for damages. direct or consequentia!„ ia connecifoa a►ith aay � f�<t`, _
<br /> _ , r. . . _
<br /> -_ �� ; � _ , coademnation or othee taking of any part of We Property.or for coaveyance ia lieu of condemnation,are t�ereby assigaad and . ,.° Y '�
<br /> ;, ,: . , _ . . . , shaU be paid W Leader. . ' .,- '`�-
<br />_� �..� .. : '� . t�.
<br /> .. . In the evqtt of a total t�king oi the Property.the proceeds shall be applied to the aum�secured by this Stcuriry Iastnuaeab
<br /> ' -,. cvhether or not thea due,with aay eacess Paid to Botrovver.In the event of a parBal t�kLag of the Ptoperty ia whfch the fair � .-
<br /> .,�, . ' • • market value of the Property immediately before the tak�ng is equal to or greater thaa ttie amount of tt►o sums eecured 6y Wis , ;`., �,,
<br />-�P . � •. : fiecurity Instrument immed�ateIy Isefore the taWng,uaiess Sorrower aad Lender otherwise agree ia wrltiag.ttte sums secured ,. � ,.�
<br /> _:?� � , by this Secvsity Inswment sh�ll be reduced by ahe amount of We proceeds multiptled by the foltovimg fsaetion:(a)the total . . �z �;f`�'�`?��Q`_=-
<br />-?�-• < � amo�mt of the sums secured immediateiy before the takfag,divided 6y(b)the fair tnariset vaIue of tht Acaperty immediately ;�Y 1 t�:_=.
<br />_� • , <. _ before the taking.Any balance shali 6e paid to Borrower.Ia the event of a partla]taiu�g of ffis Pcoperty ts�avhIch the fais _ : �-"`�i.:'
<br /> � ��..w�,z
<br /> :; ;. u . �arket vaIue of the Property immediatelq 6efore the taking is less thau tfie amouat of the sums senued immediaufy before the ` .'r�..'-_=
<br />:.�. • � ` takiag,ualess Borrower aad Lender othziwise agree iu writing or�nless applicable taw othera�se provi4es.tl�e proaxds shaU ����_-�
<br /> '� � � ' be a hed to tne sums secured b,this Security lns�meat whether or not the sums are then dur. � � �'�c��`��`:��,_,
<br /> _;. ,,. •.,: , . PP� y _ti-- -,_.- _
<br /> : .:=::,
<br /> �-- ,-- , _ ._ _._ IP the Property is abandaaed 6y Sorrower.or if',afttr notioe by Lendet to Sorrowtt ti�at the oondemnor offets w maice an .- _ - _
<br /> � • • � • award or seule a daim foi damages,Boaower fa�s to respond to Lender�wiWiu 30�ays after�tlie da�tha nat�ca�is�gtve� � '' = ---
<br /> Lender is authorized w coltect and appJy the proceeds.at tta option,either to restoretIoa or ceQair of ttte Property or to tha � ,
<br /> ,' , . • ; sums secured by this 5ewariry 1ast�umenL whether or not Wen due. ,-. -
<br /> �?�"'��-
<br /> - ' Ualess Leader aad Borrower otheiavise agee ia wrlting.any spplieatton of psoceeds w principal shall aot estertd or gostpone �"';�-�
<br />,:. .. . •... . .,- . .
<br /> . �;�.. the due date of ttie saonthly paymeats referred w is�paragraphs I aud 2 or chaage the amount of suc4 payments. �
<br /> :y-:• , • , ����
<br />- . � , 1 i.Borraxrer Not Ee�eased;Forbwrance By L�d�Not a Waiva.Exeeasioa of the dme for paymenc or modificafloa •�-:
<br />_! . of amor�uoa o!'the sums seaued by this Security tastrumeut ganted by I,endes to anq suecessos iu interat of Boaowet ��
<br /> • ahall not ogerate w retease We liab�ity of the original Borrower or Bonower's snae,rsor� in t�ttetes6 l.esder shall aot be '�`
<br /> .` � �• � � required w comsneace proceedings against any successor ia iaterest or refi�se to eatend time for payment or otheswise madiij� ��
<br /> � amortization of the sums seciued by this Sewrity Iasuumeat bq reasoa o�'aay dcmaad made bq the orl�at Hmrower ar �'
<br /> " ' ' Bonower's successors in interest Any forbeareuce 6y Leader In eaercish►g aay right or remedy shall not be a waiver of or "�?i��
<br />_�, • , • preclude the exercise of any rlgt►t or remedy. ��.
<br /> :.�
<br /> � � >;�. 1Z. Sueeessors aad Astiigns Boand; Joiut and Sev�l I3�biliBty; Co-siga�s.'I'tie cov�aats and a�senents of ttds •�
<br /> � ._::_..,..:�...._..,...-:--:.. ... Security Insm�ment ahall bind and benefit the suceessors aud assigns of Lender aad Bosrowes,subject to We prov}siona of ._ -
<br /> paragaph 17.Borrowera covenaats aad agreements shall 6e joiat aad several. Aay Botrowet who co-signs this Security �u;
<br />�' � tnstrument but does aot execute ftie Not�(a)is co-si�ing tLis Seauriry Insuument only to mortgage,grant aad convty that :,��rs,;-,'-
<br /> � ' • Bonowee�s i�r.erest in the Property under the terms of ti:is Se�urity I�svumen�(b)is not personalIq obllgated w pay the s�uns �'t• ;
<br /> ��;�� . ' - - • secured lsy tvs SecarIty instsument;aad(c)agrees tHat Leader aud any other aorrower may agrce to eatend,madify.forbear _ �'�-•_
<br /> �.; � ' or make any accommodations with regard to the teraas of this�e�urity Iaswment or the Note without that Botsowrta —�
<br /> �� . . � consen� �s��
<br /> , i : � 1$,Lpai!Ch�ige9.If tfr�[oan secuted by this Security Insvumeat is sub}ect to a!aw whtch sets maaimum loaa chatge�.aad �"�"-
<br /> �. '� . �":�4!���, ' , � that!aw is finally iaterpsgzd so that the iaterest or otIIer loaa charges coIIeeted er to be collected in wnnection aith the toun �
<br /> � . exexed We peaniued llmits,then:(a)r�ag sach loan charge ahall be reduced by the amouai necessary to seduce the chasge to =,=,°'"'�"�
<br /> � • ` the pennitte�limit;aad (b)any sums airc�c3y coltected from Boaower wtdch eaceeeded permitied Ilmits wiII be nfunded to �_-�.�
<br /> r. �. ' � Botsower.LeaGer may choose to make this refuad 6y reducItr�the princlpal owed nnder tha Note or by making a direct � �.':-__
<br /> '��;• . . ' • payment to 8orrower. If a refund reduces princi�al. the reductton will be uear�d as a pardal prepayment without any ;, . •.
<br /> ,: ��"'_ -
<br />-�.�. .. �repayment charge underthe Note. - .��qr__ ,-_=-°---
<br /> _- -�—•
<br /> t^�' ..' 14.Notict�.Any notIce to Borrower provided for in Uiis Security lnstrument s4�afl be given by deliverlag it or by mailing it • � �� j.,��_
<br /> -dt � � � 6y tlrst class mail unless apptirable taw requires use of another iuetPeod The notice shail ba direcied to tho Property AdQrtss • • • •- ��,J,�;-�::
<br />�..:... . . ° ,.
<br /> � or any other address Borrocver designates by notic:e w Lendet.Aay aotice to Leader shaU be given by firat class mail to .r,.
<br />���• � Lender's address stated herem or any other address Lender designates bp notix w 14orrower.Any aotice provided for in thia . ,,��..: �
<br />� . ' ';..<;" Securlty Instrument shali be deemed to have 6een given to Bo�rower or Leader wh�gtven as provided in this paragrapl�. „ . � • ,-
<br />� •`, . . . l5.Gaveming Law;Set�era6iljfy.This Security Instrument shaU be govemed by federal law and the law of the jurisdiction . . � °� �
<br /> in whtch the Property is located.In the event that any provision or cta�ase of this Sewdty Instrument or the Note contlicts aritt� . . f
<br />�g � � . . appllcable law,such conllIct sha11 not affect other provision9 ot tiils Securlty Iruwmeat or�ke Note arhich can be given efPect �
<br /> ' � • without the conflicting provision.To thls end the provisions of tlds Securiry insuument aad We Note are declared to be , � •
<br />� . .. • severabte. �
<br />� . . ' 16.Borrotret�s Copy.Borroaes sha11 be given one couformed copy of the Not�and of this Securaty IasWmen� ' ' � �'. ;�
<br /> •� � ' 17.TraRSfer af the Property os a Beaeftda!Intcrest in Borrow�.If all or any part of the Properiy or any interest ln it • �;
<br />— . .� � . ' � is aold or transferred(or if a beneficial interest in Borrower is sold or transferred siad Boaower is not a natural person)without � `-_:.
<br /> _ �. , � �-.
<br /> r^? . � , SI►t��ftmiry—FHlY1AliH1![C UHICQRl�Iti9T8UAlENT FORlf 3� 09f90(QSg��0!8 adgsej .
<br /> ,= , � . NE81tASfUt ECB�L Rev 04/04/9t . ' .'
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