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<br /> . � �. . ` . � . ,� � "� � � ga�- ���. � - . `�`
<br /> - '�3ynieais may aa lonoer i�e tequsied.at ahe option ef L�ader;if m�rtg�z ins�nraace NF`�oe tiri tIie`am�az�t,r,nd fa�th�F�F� . _
<br /> .. t h�t�.e r.der'rex.�ises?Pra v i�e d b y an i n s u�er.a p p�ove�by L�d�x a�ain t�o�z�s availabie�!�is ohtair�.�araotic�s sliall gay, �. ,
<br /> ,• thc preminn�s cequic�d to maiatain�*tgage imvrdaze in efx'�ct.or to pravidz a ta�s r�mve.until the cec��t Eor tr,ortga�e . -��_ - -
<br /> � in..�.rr�n��nds da acc�td3nr.e 9+isti a�r.v+FittPa,a�raent be:n�egn Borrnwer at�f.en8er ar�ppiicab4�ts�r. --
<br /> ' . 9.Yns�o�.L+ender or its�eau maY make neasonabis entxIies�pon as�isbs�:.ctions af ttce P'roperty. Lendet si�l��ive . �---
<br /> Bor�ow�r nQiice at tlt�ti�of os grior to aa inspecdon specifyias reasanable rause for tl�e i�spECtiop. � �
<br /> 10.Co�fln.'I'he pros,eeds of c►fiy'a',vard nr slaim•for damages,direct or consequential,in cormeciion�witY�uaY� - -
<br /> '.crnsdemr.as�on or,oth�r ta.king of any part of the?mpr.cty.or for oonveyance in lieu of cnstdcmnat�oa.s�re hereby ussigaezi attd. , _ -_ --
<br /> ` s�11 be pa�'��o[.endes.� . , < • =_- --
<br /> In the event of a total takin�off the[�mp2rty.t6e pmoeeds shs�l be.appSie�to the sums setvred by thI's Sexuriry dnst�uijsent. ^-_____----
<br /> � ' lviietiru or not siten due..�sritli a�y��aid to Borras��er. in tiie evem of a gartia[taldng of the Progerty in wluch ttte fair � __°--- — . _
<br /> ' mar�ei vatue of the Pmperty imm��±�y��!y t�ssefore the taking is equal to or gr�3ter tltan the amaum of tiie snms secured tsl+this . -- e
<br /> Secv�rity Instr[srr�m immedsately 6�are tt�taking.unitss�rro�ver aad�xnder othersuiss ag�ree in�vridn�,the sums secared by ==._ ----
<br /> this�ge�t�sity Insvument slsa3l be c�uced by the amount of the procebds rnultiplied bY the folla�ring fractian: (a)ihe catat . :
<br /> amqunt of tfle sums secuced imamedintelp 6efore the takin&,dividsd by tb)tiie f�r market value of th�Property iu�mediatety. _...
<br /> before tlie ta&ing.Ang balance shalt b$paid to Barrowet.IA the event of a parcial ta�ng uf the PYoperty ifl wlri�the fair --
<br /> mairget value of t�Property imm�iiatetY kefare the takit�is less tban the an�nt af th�sums secured immeAiately 6�fore[he
<br /> tat�ing.unless Bnrrower aad Iender ot6er�vise agree in writing ot unless spplicable taw atdernise provides,the prv►xeds shatl . _�
<br /> lse app�ied tu the sams s�.vr+�by this Security Instrument whether os not the�are then dus. . __--
<br />, � If the P;ogerty is atfanstouEd try Borrawer.or if.aRer notioe isy Lender to 8orrower that the oandenmur offers to make an - - ---
<br /> � �ward or seWe a claim for damages,�orconer fails to [es�ond to Lender within 30 days after t6e date the notice is given, . _ ----------
<br /> [xnd¢r is aBtttorizad to collecx and apply ths pmoee�ts.at its option,either to s�storarion or c�air of¢he Progerty or to th�snms _
<br /> �(iy this Seauity Insututtent,whether or nbt tf�en due. ,• .°
<br /> Unless L�eader and Borrower otherwise agne in writing.anY aPPUcasion of prooaads to griucipal shali nnt exte.�d or -- - -- ----
<br /> post�oue tke due date of ttie manthiY Payraeuts referred w in paragraphs i az�d 2 or chan�e the amount of suc6 payments. , e•-•--_�� ----,_-- -
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<br /> Il.Borraw�Not Rel�;Foe�earauoe�p I.ender hot sa BVuiver.Exteasion af the time for paymsnt or�nodification ���,v� _
<br /> of amotti�aunn of the sums secared by t6is Secariry Instn�me�u granted by Lender to any suc�oessor in interest of Barr�wer shall ��r:_,���.�
<br /> not operate to retease the liability of the ori�inal Borrower or Borrower s succe�sois in intetest.I.ender sha11�reqnired ta ri�� ��,�
<br /> • eo�°^*p proceEdings against�any successor in interest or refiise to extend time for paymecu or oiherwise madi amortization .
<br />_. _ _ oi tiie swns secured by this �cturity It�stratttenc bY reason of asry desnaa+d made by the original Bosowes or Borrocver's -- ���.._�<�_ - r�
<br /> spcc�essors in interest. My forbrarance by Lender in eaercising a�r"sght or remedy shall not be a waiver of or prectude tlte ;��" � ���
<br />_ ess =�-+ ��h
<br /> eacercise of any right ar remedy. • ".:��
<br /> IE. Successors and.Assigns Boand�;Joint and Several II.iabality,Co�sigaets. The covenants and agreecnenu of this .:. ..
<br />_� Secvrity Instrument shall 6ircd and benefit the suooessors and assigns of Lender and Borrower, subjetq to the provisio�of %'?'`� � _
<br /> � paragmph 17. Bortower's coveaants and ageemeats shall be juio� and several. Any Borrower who co-signs this Security ���"„�r
<br />_- Ynstrumeat hut does not execute tha rTote: (a)is co-signing this S2��ity Instrumer►t only to mortgage,grant and camrep shat
<br /> Borrower's int�est in the Progerry u6,�ur-ii�e terms of this Security�nsirument: (b)is not persanaliy obligated to pay th�s�s.'�s _ ,
<br /> secureQ by this Secarity Instr�nerst:an3 t�l agrees t6at L.ender and any other Borrower may agi�e to extend.madify,forbiza ar ., a�_,.. ' �r.
<br /> make any accornmodaiiovs�viti�regard to th�te7a�s of tltis Security Insmunent or the,Note without that Borrower s consent_ -�, .
<br /> •���� .
<br /> 13,I.Qaa Cha�es.If the loan secured by this Securiry Instrument is subject ta a law which sets ma�cimum loan charges, "�r
<br /> and that laiv is finally intetpreted so that the interest or other Ioan charges collected or to be wllected in connection with the �''' :� .�
<br /> foan exceed the permitted limits,then: (a)any such loan charge shall be re�ucesi by the amount aecessary to recluce�the charge `."�T. �-=-
<br /> - to the permitted limit:and(b)any sums alreadY coltected from Borrower which exceeded permitted limits wi11 be refunded to . ����2
<br /> /��.
<br /> �{'�`� �. � �L�.--
<br /> � 8orrower. i.ender may choose to make this refund by reducin�the principal owed undeP the Note or by making a direct �� _Y,�, . � _::__
<br />_= payment to Borrower. If a refund feduces principal. the reduction will bc ueated as a partiai prep�.y�ent without any ' _ ,
<br />-- prepay�neat rl�arge under the Note. , , ,,x:�`� .: T :_,��r
<br /> :�_�._;,: ,- ��,��,,
<br />=- •14.l�et��.Any.notice to Borraa:i:�grovided for in this Security lnstrument shall be giv��iy detvering it or by�uaifing .•.,.-, �;
<br />°° it by first cGuxs��ail�s applipble 4p�a�requires use of anothes methud.'I'he r►otice sh�li be�d.in�ted to thc Pro e Ad'+in;ss �� ��t�� s�"�-�-
<br /> ux P �Y rt"s�?�`^,"�~.
<br />-° or�ny othc�i address�'AtZinver designates by notice to L.ender. Any notice to l,ender shall be given by first class mail to , . : : ��..�;;.
<br />.; I:end�r's uddtess stated'tpi=.rrin or any other address Lender designates by.notice t+�Borrower. Any notice provided for in this , ', ., r; -� -
<br /> ' s`�rr .'.
<br />- �c�nity L���ment shal{be deemed to have been given to Borrovret t�r�:ender v's�:ti;n given ac provided in this paragcaph. .
<br />-, . . 15.Gq�zan3ng Law; Severablltty. This Securiry Instrumer� sd.all be govemed by federal taw and the law of the , .w;,
<br />-� '.��jurisdiction in.which the Properry is located. In the event that any provision oi clause of this Security Insaument or the Note ; •�
<br />■� '' tbnflias with applicable i,iw.such conflict shall not a.ffect other pmvisions of t;�;s Security instrument ar the I�Iote which can be .
<br />_. • ;':', �iven effect without the conflicting provision.To thi��nd Ihe provisions of ttrii�:�ecurity lnsttument and the.Note are declared • •
<br /> to6eseverab2e. � "� � !>.;� �
<br />= 16.Bt�trc►wer's Copy.Borrac*rer shall be given one conforrelex��:opy of the Note and of this Security Insmiment. •:�,�4.*::: :
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