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<br /> � at the optiaa of I,euder. if raort�►ge insuranco covenQe �ia the cmount aad for th per ad that I.euder requtras) �
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<br /> pravtded by aA tnaurar appravod by Lender agaia ba;omee avdlable aad ie obtaiaed.B�rruxer ehdl ptY�P�;�
<br /> --- __, teqvired to msiataiw mortgego ipsurance in effcat,or to provtdo a lor� res�sve, untih the rec�uiremeat us mortgage
<br /> inaurance eads ia eccard�ace with any wrttter►g8reement bet�'an Bon°xa'°nd I,ender or applicable lap. �
<br /> _�� 9.Iaapectioa.Lender or its sgeAt meq make reasoaable entctee upon end inspeattone oi tha�'roperty.L�nder o1�a11
<br /> glve Borrower aotice at the time oi nr pri4r w sa inspoctton spxlfytng rasoriable cause tor the iaspeadon.
<br /> 10.Condemaatioa.The proceeds of any awatd or al�im tor dimegea,dirrast or conse4uei►tial�in coanectt°a r'du►
<br /> any condemnntion or othar taklag of any parc oi the PropertY�or for conveyaace ia lieu oi condeina�uon�aro hereby
<br /> . -_-.,_,:---� es�gned aad ehell be pnid w Leader.
<br /> - - In the event oi a total teldng of-tbe Proporty�the proceeds eheU bb apclied to the sums seaured by thie Seaudty
<br /> Instrument,whethar or aot then due.wioh aay dxcxas peid to Borrowe�'.la the event oi e p�rtial taklug oi 4ho Ptoperiy ia
<br /> wt►ich the fair market valua oi th�Property immediately beiore the takiag is oqnal to or greata'1�an the atnouat of the
<br /> sums sxurod bq this Securlty Iuetrure►eat Irnmed�auly beiore the tak�ng�unless�orrower nnd Lender otherwten agree
<br /> ia wrItiag,the sums seoured by tbie�oaudtq Iresttumeat ehell be rcduced by tho atnouat oi the proc000ds muldplIed by
<br /> the tollowing iraction: (a)the totel amouat of the sums r�cured ia►medlateiy betore the teking�divided bq(b)the fatr
<br /> _ -----_- n�erket vAlt�a ai the Property irninedIatelq before the taktng.Aay balance shall �ately befB ore the teki g is Ir,ss thaa �
<br /> � partiel taking oi the Property ia which the fair merket value oi ttna Proport9
<br /> the amonat of the auma seaured i�►mediately before the tekiag,ualess BorrovQOr ead 1.ender otherwIse agrea ia wsltiag
<br />_--.-_'W^"`'�_�_�°:� or unless applicable 1$w otherwiso providea. the proceeds ehall ba applied to the sums sxured by thie Seaurlt9
<br /> �"�J '"` Instrument whether ar aot the ausns are then due.
<br /> --� Ii tha Proporty ie abaado�ed by Horcower.or ii,atter aotice by L.ender to Borrower tUat the condemaor offors to
<br /> 4���'-° � m a k e a n a w e r d o r s a t t l e a c l a i m f o r d a n n a g e a� Borrower fails to r e s p ond w Lendor witl�ta 30 daye aiter tho date the
<br /> t ° at ite option,either to reawratioa or ropa�r oi the
<br /> �� � nottca is given,I.sadar ia authorized w wlleat and apply the proceeds.
<br /> � �'+ Property or to the suma secured by this Sccuritp Iastrument�whethor or aot then due.
<br />�'_'`�i�;,,;'' �; Ualesa L,ender and Borrower oth�raIsa agcee in wrlting�aay application oi proceeds w PriaalPnl ahall aot astead or
<br />.��' •,�. poatpoae tho due date ot tha monthly paymeata raferred w ia paragraphs 1 ead 2 ar ahenge the amount of such
<br />'_���=`�_~�=-��:�. �y 1�l. Barr�sser HQt Leic�eaed; Farbeareaca By Loader Not a Wa�ver.Extcneion of the time for papmeat or ._ _
<br />-:4.���� moditioation of amortization oi the aums secured by this Security Instrument grantod bY Lender to anY 8vc�e�f i►t
<br /> i intarest of Borroaer ahall not operate to releese the liabiliry of the arigiaal Borrower or Borrower's eucccassors ia
<br />';,�.::���-.;,��.,� ._; �nterest.I.ender ahell not be required to commence proceediags againat uny succeasor ia int�rest or refuse to axtend
<br />,- f ' ' titne for payment or otherwIsa modiiq amortizatioa of tha sumo secured by thia Security Iaetrument by reason oi any
<br />- :��Y� '. �' demand made by the odgiaal Bonower or Borrowor'e sucxessors ia intereat.My forbearanoe by Leader in egercteir►8
<br />.f�_aB�:i,d:tr.• .
<br /> -�.x���; : aay right or xemedy she�l aot ba a weivar of or preclude the exercisa of eny ri g ht or remedy.
<br /> M�•`''°°-- 12.Suc,cessora aad Asaigne Houad;Joiat�►nd Several Liabil4ty;Co-aignera.The covenents and agceements
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<br /> -�;-�;�� �, oi thie Secudty Instrument ahall bind and boae4it the successor's ead assigns of Lender aad Borrower,subject to the
<br /> =;;;`�,-,-�r+� �� provieions of paragraPh 17.Borrocver's covenaats aad agreaments eha11 be joint and severel.Any Borrower who w-eigns
<br />.L•"'"� thie Sacudty Instruineat but dces not executa tha Nots: (a) Is co�igniag this Securitq Inetrurnont only to mortgage�
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<br /> ., ,r:.{. ,.�. gcetit et�d coavey thst Bonower's intsmst in the Ptoparty uader the terene of thie Security Insttument; (b is aot
<br />- `"=�?^'� •' personellq obligated to pay tha eums secured by this Seaurity Inetrumeat;ead (c)egrees that I.ender aad any other
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<br />=_'��"-��"�'_'�' ° Borrower may agree to agtend.modify,forbear or make any accommodadons wlth regard to tha terme oi this Sec ty o
<br /> �"�Y'���`�� ��" Instrumeator tha Note without that Borcoaer's conseat. --
<br /> ,��.:.f._. _
<br />''"�''���`=' 13. Loaa Charges. If the loaa secured by thie Security Inatruresent is subject to a law ahich sets rnextmum loaa v_
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<br /> `�'�-s:�_. chsrges, and that law is ftnallq interpreted so that the taterest or othar loan charges coliected or w be collectai in
<br />"'��'� "�� coaaecdoa with tha loan axceed the permitted limite,then: (a) anY such loan chergo sha11 ba reduced by the amouat
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<br /> '` necessary to reduca the cher�e to the peimitted limitt and (b) any sums a1readY coltectod irom Borrower ahich ^,.-
<br />-,�. �� ::: f, exceeded permitted limits witl be refunded W Borrower. Lendar may choose to make thie refund bq reducIng the �.:
<br /> - '�'�� prIaclpal owed under tha Nots or by makiag a direct paYinent to Bon'°wer.If a refund reduces principal,the reductioa E
<br /> '� '�'� �' aill ba treated es a partial prepaYment wtthout any prepayment cherge under the Nots. E
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<br />:_�;�;;-,�':^; . i4. Notices.Aay notice Lo Borrower provided for in this Security Instrument shall ba glven by delivering it or by
<br /> °�����;..., mailiag it by tirst clesa mail unless applicable law requires use oi another method.'fhe notice ehall be dtrected to tha t_
<br /> "°'�� ' `�' Ptoperty Address or aay other address Bor_rower deaignates by nottce to I.onder.My notica w Lender ahall be gtven by
<br /> :.;� �:'- �'.. •••� �
<br /> - .„_;,iE:. ,. . tirat cless mail to Lender's address a t a t e d h e r e i n o r a ny o t h e r address Lender deai g n ates by notice to Borrower.Aay
<br /> _. . 'u.:..;:_:�: aotica provided for in thie Security Inattumant shall be deemed to have been given to Hnmower or LeAder whea givoa �
<br /> ,:; ;.�,'��:; as ptovIdad in thia P�B�Ph•
<br />-�•• �;:r� -� IS. aoverning Law;Severamility.This SecurItq Instrument ehell be governed by federel Iaw and the law of the f
<br /> ' �:�:. • v�eion or clausa ot this Security Iusttumont or the �
<br /> �R."�,.'� �u rlsdiction in which the Property is located.In tha evant that eniy pro ' '
<br />-::.r�;t^•�.,.`� Nots contlicts with applicable law,such conilict ahall not aifect other pcovisions ot this Security Instrumont or the Nots
<br />;'_...��;,;,�r,'� ��, w h i ch can bes g tven effeat without tha conilictiag provision.'fo thia end tha provieione of thie Secudty Instrument and �
<br /> `r' :.;��.t�- the Note ere declared to ba severable. I
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