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<br /> tMyments mAy�a bnger be rsquired,at the option of Lcnder,it�no�tgago lnstcrancc:coveragd(In lh�e artwtte'i"�tx iha ixr�md ,�_�,
<br /> th�t E.enAcx r�e4ulm)Ocvy�od by an insura'eppcovsd by Lrnder e8ain bec¢�nes evaileblo and Is obtained.Sorcawu sh�ll pay the ."—
<br /> � �rtmi����r�qr.sed to mxint�in mortg8ga insutance fn effxt, or to provide a loss resexvo,undl tha rcquuement for mowtgago F��F_,
<br /> enwt�a�ce end�in�cxad�e with any wdtun agrxma►tbetwoen Htxrowa a�d I.endrr ar�Ac,xb{e iaw. ���giva - -
<br /> 9.I�p�ectlon. Ir�,nda oc 1�agent may m�)oe rea�x►n�bk cntriw upon and inspxtions of the Pcoperty.
<br /> Buauw�a notke et tria timc of or prior W un inspatian spocifying rcawnnbb cause far thc inspxtlon. '._-=_---
<br />_ �O.Conekmnt�tioo. �ho proceed�uf eny award or cleim for dan�a3es.dlroct or consoquential, in connocdon witi�any �._-
<br /> conrkmnatian ar ottKt taking of eny part Qf tho Prnpecty.or for convayAnce ir�Aeu af condemnation,aro hereby assigned and ��. i
<br /> _� r>hait be paid W La►c1u. �T"� -_
<br />- In Iha evznc of a total taking of tha Pcoperty�the P�ocee�s shali He applied w the sums secured[�y this Sc�urlty Instru►r.ent, ; �_
<br /> � �:.:�_�".
<br />�r whettKx or not,then due.with any excess paid co Borrower.In the evcnt of a panial teking of th�PmpertY sn which tha fair market �;,L�=:_
<br />-� valuc of ihe PropatY immod�auly beforo the taking i�equal to or greazer tha��th�amount of the sums sacurr.d by this Sa:urlty ' �.
<br /> y lnsuumeat immodiately before the talang, unt�,ss Burrower and I.ender atherwise agrce in writing,the sums securod by th�s �,--.��-,''��
<br /> Sxuriry Instrumu►t shall be nducod by the amount of it�e pmr.eeds muldplled by the follawiag fracilon: (a)Qu total amount uf fn-
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<br /> -° the si�secured immediatcly before the taidng�divided bY (b)the fair mazket value of the ProPutY immediately beforc the �
<br /> - taking.My�,ce shs'U 6:.�Ed to BorroeJes.Iu t�e event�f a partial takii►g of t4e Pro�ty in which the fair market value of the •.-,N z�.
<br /> `' propaty lmme:dlat�ly baforo the w3cing is Iess than the nmount of the sums secured �mmtdianl�befae the talcjng. unless �:��p7
<br /> Bamwer and Y.endu oshawise agru!n vmting or unless epplicable law otheiwise provides.the proceals shall be agplicd to the �,�,;�.-
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<br /> � sum.y secut�ed"by tnis Scx:uci[y Instn►ri«att�th�a;ttot ttt�st:e�e�nre then clne. .. __._
<br /> ♦ n • �. • _'.�"" ^___'�.4���F rnedootM►(�f}�PIA f0 111H�LB 9J1 G.,`•.--.
<br />_ If the!'roPeriy ts ttp'anduned'oy ntxtuwra.�x u,�uaca�t�ui.�uy�w:�wu w uww...,. a.w��^ ..------- :.:;_
<br />-� award or s�ttle a claim ffe�r damages,Borrowr� feils to respond to I,ender withui 30 days after the daLC ihe noacc is given,Lex�da ; ..:
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<br /> .� is sutharlr.ed to cAlkci f►nd apply the procetds.at its opdon,either to mstoration or rcpair of t�e Praputy or to the sums 5ecured -,u.-.
<br /> by this Sxurity Instnunent,whether or not tt�ere due. ��
<br /> =� llcation of pcoceeds to principal shall not extend or postpone "��`'`
<br /> Unless Lender and Banowcr otherwise agree in writin8�anY aPP ����:
<br /> = �he doe clace oF tho monthly payments rcferred tn in pareg►�phs 1 and 2 or change the amount of such payments. ��
<br /> y�� 11.Eorrawer Not�taleased;F�'b�rarance By Ixodec Not o Wetver. Extension of the tune for payment or modificacion :�--
<br /> `� sf�r�cf!!x st:.*s��!'��„e�!hy�t►te Secucicy Iacuument tuanted by Lcader to any succGSSOr in interest of�orrower stuill ,z+-:_-
<br />-- noc opaate eo rekase tha Uabillty of the odginsil Rormwer or Barmwer's successors in intetesG Lender stiatl nat be requIICd w °-
<br /> commenee pm�czedings aBeinst any successor in iaterest or refuse um extend dme for payment ar otherarise modlfy amartizadon of �r:==:
<br /> .`� tht s�ms secured by this Seciuity Instrument by reason of any demand matle by the original Bomower or Boraowec's successors -.:��_°_
<br /> in inuxest.Any fa:bearance by Lender in eacercisinS anY right or remedy shall not be a wniver of or preclude the exercise of any �.�+�_
<br /> r�� rightorremedy. ::'-
<br />';� 12.Succes�ors Qnd Asstgn+Bound;Joint end Sevenol Lfablli3yp Co•signers. 1he covenants and agreements af this �.�:,:
<br /> ��- geciuity Instcumeni shall bind and bene6t the succ.�sssore and assigns of Lender end Bors�wer, sub,�ect to the provlsions of ,�,
<br />-��� p�rag,raph 17. Borrower's covenants and agcetments shall ba joint ant! several. My Ho�aower who co-slgns this Security _�-:
<br /> `a Iastrument but does not exocute the Note: (a)3s co-signing this Securiry Insmiment only to mortgege.gcant and convcy that .�ry
<br /> �'� Barowa's intuest in tbe Propesty under the tecma of this Sccurity Instmm�nt;{b)is not personally obHgated to pay rhe sums '
<br />'`�� securod by this Socurity InS�wnent;and(c)agrers thet Lender and any other Bormwer may agrea to eatend.modify�forbear or . ::
<br /> � �nake any accommodations with regerd to tha temis of this Seeurtcy Iastrument or tho Note without thst Botmwer's consen� ,
<br /> :'l 13.Loan Cbarges. If the loan secured by this Security Instrument is subject to a law which se,ts mvcunum loan chargcs. ,
<br /> �� and thai law is Cuially intecpreted so that the intrrest or od�er loan charges collected or to be coll+ected in connection with the loan •.
<br /> '"� �x�d the pe�nutial limits.d►en:(a)anY such loan cl�arge shall be reduced by the amount necessary w reQuce the ctisrge to the .
<br /> : ptrmiued limit;and(b)any sums alrevdy oouccted ftom Borrower which exceeded permiuet!limits will itc refundr.d to Bom►wer. .
<br /> Lrndcr may choose w mako this refimd by rcducing the principal owed under thc Note or by mnScing a direct payment to
<br /> Borrowu. If a a�efund ratuces principal,tho ceduction will ba trcated as a partial pmpayment without any prepayment charge
<br /> : unda the Note.
<br /> 14.Notices. My noticc w Bomnwcr provided for i�this Security Instrument shail be given by delivering it or�y mailing it
<br /> by fust class mall unless applicable taw requi¢es use of another methocl.The notiw shall be directecl tn the PropertY Address or
<br /> any ather address B�r�+nwer dcsi�gnates by noike to L.endci.Any no7ice to L.ender shall be given by f'vst class�nail to Lender's
<br />- acklress s�t�d herein or any other address I.ender designntes by notice w Borrowe�. My�otice provided for in this Security
<br /> Instrumu►t ah3ll ba dce.med to have boen given to Botrowcr or Lcndu when given a9 providcd in this para�aph•
<br /> IIS.Governing I.u'sv;Scvera4ility '17i1s Security Insuun►cnt shall b�e govemod by fcdcral la�v and tha law of the
<br /> " juristiicti�on in whict� tlie Prope�ty is located. In ctie event that sny provlsiun or cla�se of thls Security Instrument or the Notts
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<br />- coriflicts with appllcable I�w,euch eonflict shall not effect other pmvisions of this Security Instnunent or the Notc which c;an be
<br />,_.i:° given effect witheut ihe conflicting provlsion.To this end the provisions of this Security Instrument ertd the Note are declared to
<br /> �,; boseverable.
<br />_ � Form 50�6 fl190
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