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<br /> �pay�cuay no tonger b�r�qaired.at the aption og I�der.if�rtgase in.sw�aace cavrra�e(in�am.nun�and fpr thF peaiad � .
<br /> ' tIIm�l�ender rquir�)�mvided�sy an insurer apgro'ved isy l�sxier again 6ccemrs uva�labl�,att'si is ubtalt�d..BatYOwcr shall`DaY .
<br /> the�premiwns r�.�qui�t�maintain m�ngage j����n�in effecx.oi to provide a loss�r�serve.unti!!fl.rt�uiret�7i for ta�aaYgage
<br /> ins�mt:seer�s in nceor�anEe with any written agreemen¢betwcen Boesot�;er ussd Ltttdet ot applicaSile la�v. � , . .
<br /> , 9.t�--��.Le�der�si its a��t•tstay tnake se8sotr�bl�ettts�cs u�an ara!i�,.-�ti�a€th�.Fe�gsrty.l.cttd�s s4t3!!gls� ,
<br /> �urrowcr noticc ui tTte timc oi ot prriar ta a.a inspertfoa spaifying reasonabla cause far the itespectian. � • .
<br /> - 10.Con�att�lPan.7`he pr�eeds of any award or ctaim foe damases. dir�t aor consequentiat, in oanne�n wit$nn�+
<br /> conQemn�tion`or oWer t3kiag of asry,part of the Property,on�'drAOnveyunce in lieu of con�z�3tion.are hgreby assiguuad nnd� —
<br /> shall 6e paid to I.en�ter. �
<br /> M�he eve�t of a tataf taking o�the Praperty,tha prooeedd�i be appfie�to the sums�r�aurad by vhis S�uzity.Instrumeat�..
<br /> whether or nut then due,with any excess paid to Borrawer. In.the event of a partia!tafdna ofi�tb�Propeitg:_in��ar+taic��thb-f�tc�
<br /> • m�rYe3 value of tlie Propeny immediate3y 6efore the taldag is equal to or gt�ter ttiart the amouut:of t6e sutus�by t8is
<br /> Searity�t immediately before�takmg.uniess Borrower and ixud�athe�sviss agree i�writing:'the sums sect�re�by
<br /> tf�is S�curit�Insa�t shaU be redaoed by dte azaouat oi the ptoe�ds mattipliod hy t6i�foiloiving fiact�on: (a1 the tats!-
<br /> � aaeocmt of the sums seaured;n,.,,Q.rarPly befare the taking,divided b}r(6)the fair market vatus of the Pruperty immsdiazeiy
<br /> � before the tctldng. Any 6alancc shall 6e Qaid w Boirawer. In the event of a Qartia!taking of the Property in ahich the fair
<br /> m�ket vatue of the P�ropeKy isi�diately b�fare the takiny is iess than the araaunt of the s��.�atety before t�e
<br /> takiag. unless Borro�er aad L�der otherarise agr+0e in writing or uriless apptirahle 1aw oti�wise provides.the pFO�s shalt �
<br /> be applied to tl�sums secured by thi�Secnrity Instrument cv�ether or nat the sums ate tt�due. `. •
<br /> Lf the.Prageny�s a6ando�6y Borrower,or if,after aotice 6y Lender to Boriower ttia.t the wndeuu�nr offeis to mmL•e_an
<br /> awadf or settle a ctaim for daasa�es, Borrori�r fails to respond to[xnder cvithin 30 days aRer the date the au�ice is given, .
<br /> Iender is ai�thn 'r�Q,ri W col2ect and aPPaY�Pm�eds.at iu nption.either m mstoration ar rapair of t�e Property or to the sums ._ r_
<br /> secur�by this Security Instn�n�wheiher or not thea due. � � .
<br /> ' Unless i.ender and Eorrnc�er otheraTSe agree in writing. any applicazion of p�ds to princip�t shall not extend o:�
<br /> postpone the due date of the�r•3fily payments refejicjd to in paragrapLs 1 and 2 or chang�the amovnt of sucb payments. � �
<br /> 12.Borrow�r No!Reiez�;Forbeara��By I.eader Not a Waiver.Hxtension of the tirne for payme�t os madificatioa
<br /> of amortizatioa of tise sums secured by this Secarity Instmment graiu�by L.ender to any+success�z in anterest of Borrower sl�all
<br /> not operate to reIea:,�t�.'-e lizbility of the originaf Horrower or Borrower's suocessars in interest.L�nd�sha!!not be requu�d to
<br /> commertce proceedings against any successor in interest mr.refuwe W exteM time for payment or otherwise madify amortUation
<br /> of the sums.secured by this 5�rity insmsment by �a af any demand made F}��the original �arrower oe 8orrower's
<br /> suc�+zssars in interes� Any foxis�azance by.Lender in er.�ztising arry right or remedy�::�sri�l not be a waiver of or greclade the
<br />_ ' exetcise of any right ot remedy. � •� � - �
<br /> 1Z.S�s�ors ad�d�gas $ot��F:.�+:i.�t and Several Liabiltty; Co-sig�s. 't7►e covenacsts and�agreemems of tlus
<br /> Security InsWment sha1J bint! z:.d beng5l u�e successors and assigns of Ler.der arri�Evrroaer. subject to the pmvisions of —
<br /> paragraph 17. Boaawer's oavws�ts and ageements s�il be joant and several. A.�r Borrower who eo-signc this Seca�riry
<br /> Instrament but does aot exe�uh:�e Note: (a)is co-signiag tivs Security Inswmzn.i-rsy to mortgage,grant and convey that
<br /> � Borrower's interesi in the Pra;i�:ty�:nder tb�.terms of this Secur�ry Instrument:(b)is a�ot persoaalIy obligated ta pay the sums
<br /> secared by this�ac:.�.—#iy bnsmuf:ent;and(cl��,?rees th�i Lender and any aiher Borrowcr may agree to extend.modify.forbear ar
<br /> maSce any accommodations cvitS�regard to the terms of this Securiry Instrument or the Note without that Borrower's consent. �
<br /> , y3.Laan Charges.If dh�lt;�an serured by this Se��:ty Instrument is subject ta a Eaw which sets ma�cimum E�an charges. •
<br /> aad that law is�finally interp:i�so that the interest as mther loan charges collected¢��IIv be coltecxed in oonn�tion w7tb the
<br /> toan excerd the permiued limits,then:(a)�•snch torin charge shall be redaced hy the amount necessary to redace the chatge
<br /> to ttie pertniued limit:and(b)anY sums 2fc�j coUected from Barrower which exceeded permitted limiu will be refunded to
<br /> Bar:ower. I.enQer may choose to make ti�is refund by reducing the principal owed under the Note or by matcing a direct
<br /> p�;�t to Borrower. !f a rzf:�..-id mduces Qrincipal. ahe reduction will be treatad as a partial prepaynis� without any �
<br /> preg2��rant shar�e uerler the��rn:.
<br /> 14.Nottces.Any notiae ta Borrower�rovided for in this Securiry Instrument shall be givea[�y delivering it or by mailing =-
<br /> it by fust class mail unless applicable law requires use of another method.The notice shall be direct�d to the Praperty Address _
<br /> or 2ny othet address BorroKer designates by notioe'to Lender. Any notice to Lender shall be given by fust class mail to =
<br /> Ler.�er's address stated herei�a�any vther addres�I.ender designates by notice to Borrower. Any notice proviQed for in this ==
<br /> Secarity Instrument shall be deec�ed to have(seen given to Borrower or Lender when given as provided in this parngraph. `
<br /> 15.Govemi� Law; Seveaabitity. 'UZis Security Instmment shall 6e govemed by federal law and the law of the _
<br /> jurisdlation in which the Property is ta�.Pn the evenl that any provision or clause of this Security Instrument or the Note _
<br /> onnflicts with appl3cable taw,such conflict sha11 not affect qthcr provisions of this Security inst�ument or the Note which can be —
<br /> giv�n effect without the confliariag provision.To this eod the provisions of this Securiry instcument and the Note are declared "
<br /> R
<br /> to be severable. � [:
<br /> � 16.Bosrower's Copy.Borrowcr shall be given one eonformed'copy of the Note and of this Sewrity f�strumeni. �
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