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<br /> paymcnts may no longer he rcquired,at the optinn of L,cnder, iF mort�age insurancc covcragc (in thc umount und For thc criod ,r,��`l_+
<br /> that Lendcr requires) providcd by un insurcr approvcd by L.ender ngain becomcs uvailablc and is obtained. Bon•ower shall pay �"' ,+, ''c NJ.:P
<br /> ,r� the prcmiums requircd to maintain mortgugc insurancc in effcct,orio providc a bss rescrvc, until the reyuirement for mortgage ,4,��,.,r.,;_;,��a?-•�
<br /> �� — insurunc�ends in uccordanee with any written ugrecment between 9orrower and Lender or applicaUle law. ; �� �-_-=�-_
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<br /> . .� °� 9. Inspection. Lcnder or its agcnt mxy makc rcasonablc entries upon and inspections of[he Property. LenJcr shall givc � � -jr„��R�,�—s,-
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<br /> Burro+��er nc�ticc td tl�e time of or prior to an inspection specifying reasonuble cause for[he inspection. ��• °•.,;;:;�..:_,.__ _
<br /> � 10. Condemnntion. Thc proceeds of any awarJ or claim for damages, direct or consequential. in connection with any ����i��«
<br /> ' � condemnatinn or c�thr.r takinF of any part of thc Property, or for comeyance in lieu of condemnation, are hereby assigned and �1��}k��Yj
<br /> shttll he pai�l lo I�cnder. 9��•^ 7��
<br /> �i In the event of a totul taking u1'the Property, the praceeds shall be applied to the sums securul by this Securiry Instsument, ,�`l,,c� :�fi.};":
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<br /> � whcther or not then duc, with any cxcess paid to Borrowcr. In the cvent of n partial takin� of the Praperty in which thc fair �=_
<br /> markct value of thc Property immediately bcfore the taking is equal to or greater thun thc amnunt of thc sums securcd by this _�
<br /> � ~ Security Instrumcnt immediately before thc taking, unless Borrower and Lendcr othcr�ti�ise ugree in writinp, the sums sccured b =_ __ __
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<br />�'`� this Security Inxtrument shall be rcduccd by the umoun[ of thc pracceds multiplicd by Uie folln�vin� fraction: la)the total __
<br />�� amuunt uf thc swns ticcured inmu�cliately hcfore the taking, divideci by tb) the fair market value of thc Propeny immulintely u_ Y�
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<br /> --- before thc taking. Ar.y balanre shall bc paid to �orruwcr. fi thc cvcnt of u partial taking i�f ttu: 1'ruperty in which the falr
<br /> �s�' „ markct v:duc of thc Propc��ty immcdiatcly bcfom thc tuking iti I�sc than dic nmoum of tl�c stnnF+c:curcd innnuli+itcly bcfure tho - _ _
<br /> ,. , taking. unlcss Rorrowcr unJ L.cndcr�ithcnvi+c;igrec in �vriting ur unlcss applicnhlc Inw oth�rwi�.L prnvidc�. Ihc pm�c�tls�lmll
<br /> - bc nppli�^�l to thc sumti+crurcd hy thi�Sccurity In�n•mncnt�vliclhcr ur nut Ihc yums m'c tt�cn duc,
<br /> '"`��° If thr Pruperty i�abanduncd hy f3nrruwcr,ur iL :d�cr no�iu hy l.�n�lcr �u 13iirruwcr�hiU thc c�mdcmnnr uffe�•v lu m,ika:mi _
<br /> �' �':Y�Y t��v�rd ��r ti�td� a cl:iim for duntaNcs. [3urruwcr li�ilti l�� ro�puut�lu IAndcr wUhin :�0 dnyti �iltc�• �hc dnlc Ihi� nnticc iti glvcn. __,T.___.
<br /> — � l,end4r i�:iud�uriicd to cuUcct a�ed npply lhc prucccdy, at itti�ipt iun, cilhcr ti�rc�turutiun ur rcpnir af thi:Ih•�,periy or to Ihc tiums
<br /> ' sccurcd hy thi�Scrurity Instrumcnt.whcthcr��r niu Ihcn duc. .^.. ..„»�......:.,, .,` .,�.,•,••,I�, i�� nrinciaul sliull n��t cxtend or
<br /> — - `••"a Unlc�, I.cndcr und Hurrmvcr otiurwix agrcc iu ��iiii��h.,���y •��.�,��,»..,.:. �. r--���.. , ,
<br /> « , � postpunc the Juc datc uf thc monthly payments referred u�in paragr.ophs I .uid 2��r cliangc d�r.amuunt af such pnyments.
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<br /> 1 L Horrorvcr Not Rcicuscd;FurLc�+rance l�y l.cndcr Nat a V1'nlvcr. Extension of dic timc for paymcnt or mociificulion
<br /> ,.�, of amoitiiation of the sums+ecureJ by this Security Inxaument granted by Lender to any succes,ur in interest of Borrower sliall
<br />—. , not operate to rcicayc the liabili[y uf the original Bornr.�er or Borrower's surcessors in imerest. I.ender sh:�ll not be required to
<br /> commence procecdings against any successur in interest or rcfu�c to extend titne for payment or otherwise moJify.+martiz.�tion
<br /> � of thc sums sccurcd hy this Securiry Instrument by rcason ot any demand made by the oribinul [iorruwcr or Borrowcr's
<br />— successurs in interest. Any forbear:uuc by Lender in exercising any right or remcdy shull not be a waiver of ur preclude thc
<br /> cxercisc of any right or remcciy.
<br />"' 12. Successors i+nd Assl�ns B+►und; Jolnt nnd Several Llabllity; Co-si�ners. The covenunts und agreemcnts of this
<br />— Security Instrumcnt shall hind and benctit the succcssors und assigns of Lcndcr und Borrowcr, subject to thv provisions af __
<br /> . paraUraph 17. Rorrower's covenants and agrecmems shall be joint and several. Any Dorrower whn co-signs this Security
<br /> Instrumcn! hut d�xs not cxccu[c the Nate: (al i, ro-�igninS this Security Instrument only tn mortgage, grant and convcy that -
<br /> - •�, Borrowcr'�interest in�hc Properry under the tcrms of this Sccuriry In:.trumcnt; (b) is not penonnlly oUligated to pay Nie sums e
<br /> -- ' secured by thiti Security Instrument; anJ(r)ugmeti that Lender anJ uny other Borrower nmy ugrcc ro extend,modify.forbear or __ __
<br /> � makc any accommoilutiun+with rcgard ro thc tcrms of this Sccuriry Instrumcnt or thc Nutc without thut Aorrowcr's consent. - -
<br /> l3. I.oim Char��. If the lo,ui secured by this Securiry insirument is subject to a law whie:h sets maximum loan ch�arges.
<br /> `�1 `r� and that I.av is tinally interpret�d w that the interest ur uther luan charges collected or to hc collected in connection �yith the _ —
<br />—i ��.��.�� loan cxcecd thc permiltcd limils, thcn: (�i)any such loan char�c shull be rcJucccl by the antnunt necetisary to rcducc the chargc __-_ _ —
<br /> � i '•'•�j to the perntitted limit:anJ(bl:uiy yu�ns :ilreuJy rullec:tcd frorn Bonx�wer whirh exceeded permitted limits will b� refunded to =�
<br /> Borrowcr. Lcnder map rhoou ro make this rcfund by rcJuring t he principa l c�we d un d e r t h e N o t e o r b y ma k i n g a direct
<br /> .� paymcnt to Borrowcr. U a rrlund reduccs principal. thc reJurtian will br trcided as u pautial prepayment without any ;',v�:,l"�
<br /> •x prepayment chargc under thc:N��te. �'��-:•"�.:�:-_--:.-
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<br />—_ -- • 14. Noticcw.Any nc�li�c tc� Borrower proviJcd f��r in this Securiry Instrument tihall bc given hy Jelivcring it or by ma�ilin� t;;i,,:_-.
<br /> _a .. ii by fir�t Clas,mail unlcss upplirablc law rcyuires use ol'unather rnethud.Thc notire shall be diiLCted to the Property Address .:'..:,,..;;�A;�::,.,q;
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<br /> ___ � or any uthcr address Borruwer J�tiignatcs by noticc t�� Lcncicr. Any noticc to IAndcr shull bc givcn by first class mail to ..;�..;:
<br /> � Lendcr's addre+>yt.U�d hcrciu ��r any othcr address Lendcr desiEnatcs by noiirc tu BurroN�cr. Any notic:c provid�d for in�his '
<br /> Sccuriry In�trununt ahal I bc.lcemcd tu havr becn givcn ti, Borro�v�r or Lcndcr when givcn ua pmvided in this p:IC1f�'fA�II. .
<br /> � 15. Governln�; I.u�s: Severubilit��. Thiti Scrw•iry Instrumcnt shaU tx govcrncd hy fcdcral law and Ute law uf thc
<br /> "�'" � i jurisdictiun in which dt�Prop�rty is locatcd. In thc cvcnt that:my provi�ion ur rlausc uf�this Sccurity ln�u•wnent or thc Notc
<br /> � � contlicts with applicublc law..uch ronllict�hall n�n affcrt uther prcn�isiom of d�iti Securiry Intitrument nr thc Nute which can be
<br /> � � givcn cffcct without thc contlirting provitii;�n. Tu lhis cnd the provisian�uf Ihis Sccuriry In+trumcnt and Uic Nutc arc dcrlan:d
<br /> - . I co nc,evcranlr. .
<br /> � ' I lfi. Borru�vcr'ti Copy. Borzow�tr tihall hc�i��cn unc cuni'onncd ropy uf�hc Nutc and ul'thiti Sr�:urity Instrument. „
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