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<br /> ' i paXments may no longer bo required,ut the opuon of Lender,if moRgage insurance coveraBe(in the amount end for tho pe�iod ;
<br /> ; that Lende[tequirea)Provided by an insuter apptoved by Lcttdcr aga�n hoa�t►�Avail2b{o�►�tt is oh'Wi.n�l.L�oirot�cr rhall gay the
<br /> , • , pre.mlunns requlrod to malntain mortgage insurance in etfect,ar to pravide a loss resuve, until the roqutrement for morigage
<br /> .. inxurance ends in accords��ce with any wriutn ogounent between Boaowu end I.encY:�o:ty►plicable law. l.ender sh911 ive ' �
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<br /> -_=�, 9.Inapectbn. Lcnder or its e8cnt may make reasonabk cnulcs upon and�ns��x:tions of thc l�roperty. B
<br /> T ' " Banowu no�ico ut the tlme of ar prior to an inspxtion speci�fying reasonable causo for tho ins�ecilon. ; �
<br /> 10.CO11fIfmAflNOA. Thc procads of any awa�•d or claim for damegcs.dimxt or conscqurr►tlal, in Cont�ction with�i�y ; .
<br /> , condemnstion or othcr talung of any part of the Property. or f�r conveyance in lieu of condca��Ln�tion.arc hex:.�y oM�iBrescl aud > .
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<br /> shaU be paW ta Lcnder. '
<br /> In the event of c�tota!tal�inng of the Prapecey.the pmcecds shaU be aPPlkd ro tho sums secu�od by�his Seeuxir�IInmumer►t, , I
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<br /> wheaher a not theu duo.with any eacess paid tn Harrowu.Ia the event of p p�atin�ta]dng of the Pronerty in which Ihe fair market , �:. ��.:.
<br /> � vulue of the Properey immediatcly befor4 tde t�lcimg is equal co or gm.zter tfiaJa Iho�mnt�t of U�e sums secured bY this Securit/ i
<br /> ;. , Insuument immaliately before 1he talcing, unkss Horrower and Len�w otha�wise ngrroo in writing� �he sums sccurod by tf�is � _
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<br />_^�=� g;,�ty���t�r���,�by the amount of tfie pmcads multiplit,�by tha follnw�ng fracdon:(a)the total amount of _
<br />_ . �h�sums seeured Immecliat,ely bafore tbr,taking, divirJ:d bY(b)� fuiT mxrket valuh of tfie Pcope,rey immedlauly befQre t�e ��
<br />:`:<�`,°� ' � �dn8-pnY t�lance shall be paid w Borrower.In the event of a p�ctial talcing af t��Property ia which the fair ma►�Ctt value of the � •>.,�, _
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<br />- pmNerty ur�r:d'ratcly Lefore the takinB is less than �he amount of the sums secured inur►ediately beforo the tuking. unkss i .
<br /> Borrower aa�Lender otheiwise agree in a�aedng or unless appllcable Iaw othe�u+ise Pravides,the procer..ds shall be applied to the i .� .:. ..,��,.
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<br /> sums secured by this Secu.cicy Inste�meut a•helher or noi the sums�re then due. �, . , » �
<br /> .. - ;; If tne'rmpe�cy is euan�ined by noirower,or if,�iwm a�odce by Lec�der iu nvuu��vr.r ti,si ti�a cv��du„uuc uffar:a r.:°.:e�a ... ��:�;
<br /> '{; award or setile a claim for��nages.B�rrowec fails to respond to I.ender within 30 dnys after the date the notice is given,L,ender _�,�;,�
<br /> is autharized to coAect and aPPly the{proaseds.at its updon,cither w restoration or repair of the Prope�ty or to the sums secund � • r:-=�._
<br /> , '� by thi.s Scci�iay Instntment,whether ar not�en du.. �� .{� ..
<br /> a Unless�i.c�cdet nnd Boc+roaer otherwlss egree in wridng.anY aPP�cadon of p�oaxds to principal shall not ea�tend�r postpoi�e k.
<br /> _-__ ;,���nf lhr.mnnth4p mayments referred to in •p�u�hs 1 and 2 or change the amount o f suc h paymen t9. ,,. ,
<br /> �� _ �
<br /> . •' �� • � 1 1.H o r s o w e r Not R�3eased;Forbears�nce By Le�er Not a W+dvar. Satension of the Wne ror payma�t a maauxadon .
<br />���'��`�' o�amorti�ad4n of the sums securod by this Securiry Insnument grantcd by Len d e r to any successor in i n t e r e�t o f B a r o w a s h a l l
<br /> • �a;operatr to cele�se ihe liabiliSy of the or�ginal Borrower or Botmt��er's successocs in ititetesG Lendu shall s�t be reqtt�to
<br /> ;,,, , ,': . • ��•.�,,;: � aamcnr:nccs proceodinBs agai«.3t oFty succe�sar in lnte�est or refuso to oxtend tinic for p�yment ot otherwise modjfY emo�tiTation of
<br />`;:;r:.�.���. � , 1 �e surus�uro�by�is Secu�ir�Ia��.�t by reasoz�of ht ar�m,.�no�y shall not be u w�a v�er o or greclude tbe�,arcisa�of a�ny ;�;
<br />-:•;;�'�'�' ., in inc.r.,st.Any forbearanca by I,ench.x in axercisin anY�B
<br /> ' ' ,�, , right at remedy.
<br /> � 12.Suecessors and Assigns Bouad;Joint and 5everai LtablUtyi Co•sigaers. '11�e coveneneg and agrc�utxats of ihit `
<br /> Security Instnurunt shal163nd and benefit the succes�or�end assi�s af I.enda and Boirowa. subject to 1he pmvisipos of
<br />`�.'c:,r�;� ` pa�ragraph 17. Bocrower's covenants and agreements shatl tia join!and sevetal. Any Botrowet who c.�-signs this Socutity •
<br /> � �;:'" ' t end conve tt� e,.�_
<br />:;:?.:'���`., � Instt�rncnt but does not exc:cuio tho Note: (a) �s�o-sigai�r,tttis�cc�uity U►strument anly w mort�ge.gign Y
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<br /> B�rower's intenst in the PruptrtY under ttu terms of�his 58ctuiry I�strnmenx N)is not pe�sonally obligaux!to pay the sums _,
<br /> secured by thls Seciuity Inswmenx and(c)e�ecs t�at Lendcr en�any other Bonowei may a�ce t�o axtend,modifY.fozi�r a =
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<br /> � nwlce any accommodations with regard to ths tem�s of this Sec�uity Insitument or che Note without lhat Bomnwer's oor�set�t
<br />. 13.I.oaD Chavges. If the loan securcd by fi►is Sc�urity Instnunent is subjoct to a law which sets maximum lo�n ct�rg�s. --__=—_--
<br /> '� und that law fis finally inteiprtted so that 1he innerest or othu loan charges collectec�or to be cullected in connection with ttx loan _
<br /> . ��. . eaaed 1he permitt�x9 limita,tt►en:(a)aay such loan charge shull be reduced by tho umouni nocessa►y w cecluce the GhuBe to the �_----
<br /> , ';� pesmiued liml�and(b)any sums elready collacted from Borrower which exce�ded permitted Umits will be refunded tn AomowEr. �-,��°—
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<br /> L.ender may choose co make this refund by reducins the principa'1 owed undes the Nou or by making a direct paymecn;�o �"�'�
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<br /> . _� . � Bocr�•.yer, !f e rGfend ��_.t13Ces pri��Ginal, the reciucann witt he ireated�s a pa�tial prepayment without anY P�Y�t��8� `".�_-_---- _
<br /> under the Note. - •
<br /> . 14.Notices. Any natice co Borrower provided for in this Security Insuumenz ehsill be given by delivering i�or by mailing it � ��,,.,��':
<br /> ` � by first class mail unless applicable lsiw requires use of another me!hod.'It►e notice shsill be directed to che Pro�ty Addzess a ,f:�::�`°=�,_;-"—
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<br /> any ottux address Bocrower designaces by notice to I.ender.Any noace to Leader shail be giver�by first elacs mail to Lenrirr's _ ,.�{�t ,. .
<br /> address stated herein or any other addmss Lc,nder designatcs by nadce co Borrower. Any notice provided for in this Seeurity . . ._� ':�_,:�°,�.
<br /> � Insuumcnt sha11 be deernod to have becn given to Borrowcr or Lcnder when given as provided in this paragraph• ti;:�,r�':�"a': ;,
<br /> ' 15.Cnvereiag Law;Sevenbility. This Socurity Instcument shall be govrmed by federal law end the l�w of the • � • .
<br /> juiisdicfian in which d�e Property is tordtad• In che event that sny provislen or claose of this Scxurity Ensuvment or the Noie .. '
<br /> . ''� ,. conflicts writh applicable lnw.sucl�conflict shall not affect other Frovisinns of this Security Instr+�mer►t or the IJom whic6 cat►be , _ .
<br /> ' given effxt without tht conflicting provislan.To this end the�aovistons of this Security Insuument a�►d the Note az+e deciared W
<br /> � ..�. be sevrsnble.
<br /> :- Fonn�0 ! .
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