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<br /> ,. ' , paymcnts may na longer bo required.at thc op�on of l.cnder.if rr�ortgaga insuranca covcrugo(in the amount and tor the peric�d
<br /> .. • " t�nt Lcnder requires)provtded by an insurer approved by I.endcr agein bacomes avallnble su►d is obtsined.Barrowcr shWl pAy ths ° „
<br /> ^ premiums re4uired to maintain mactgage insuranco ln effec�or to pmvida a loss�rvo,undl ths roquiremen�for mortgago
<br /> ' ;nsumncw cnds in accordar�co with eny wc3ttcn agrccmcnt beiwcen i3ocrower s+nd Lcndcr or applicubie Inw. .
<br /> 9.Inspection. Lcndcr or its agent may makc reagonabte caules upon and inspecdons of 1he Propeny. Lcndcr ahall givc � ,
<br /> Borrower notIcce at the dme of or prlor to an tASpecflon specifying reasonabie causc for the inspecdon. ° .
<br /> .---- 10.Condemaadon. 'Ihs pmc�s of any awazd or clnim foc damages�dicect or wnsequenti�al, in connexdon with eny '
<br /> condemnadon or other taldng of any part of the Property.or for conveyance in lieu of condemnation.are hemby assigned and
<br /> . „ sha116e paid to L,ennded.
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<br /> . ' Tri ihcs eveat of a tolal taicing o[the Praperty.the procceds sh�U be applled w the sums secured by this Secwrtry Insbrument, ,
<br /> � w�hetber or aoi rhen due.with any excess patd W Borrower.Iu the eveat of a pardal tafdng of the Propaty ia whkh the fair maricet .
<br /> value of the Property Lnmadifltely befare the mking is equal w or gceater tban the amount of the sums secured by this Securlty .
<br /> Instrument immedfately before iho taking,unless Borrower and Lender otherwise a�ee in�vrI�ng�the su�ns sacuted by thia .:
<br /> .. _ • Se�uriry Iasuume�►t shall be redu�ced by tbe araount of the pmoceds multipHed by the followIng irsicflon:(a)the tetal aa�onnt of
<br /> . � the swas securad irrurtediately before the taking.di�ided by(b) the fair maricet valua of t�e Propeity Unmedlasely before We
<br />_ . taking.Any baaience shall ba paid to Bomower.Ia tha event of a partfal mkiag of the Property in which the fair�narkct vatue of the ., ...
<br /> . ... property Lamediately before tbe mking Is less than the azaount oP the swas secured irnmediately befose U►e IekL�g. untess .. :
<br /> Bomoaer and L,e�dcr othe,taLSe ag�ee la wtIting or unless appUc�ble Iaa►o�heiwise provides�the pmceeda shaII bc3 epplied w tha
<br /> " suans secured by tbis Securicy Ins�ument whether or aot the sw�s are dcen dae. .� ��
<br /> If the Propaty is abandoned by Borrower�or if,aft�r nodce by I.eadeac to Boirowea that the condemnor affcrs to mxkts en ` ,
<br /> . aw�ud ar seule a claim far dan�ages,Hozrower fails to r�spc�nd ro I.euder wlthia 30 days aftet ttre date the notica i�given,Lender �.
<br /> � ',. is authorjzed tp callect and apply the pmoeeds.at its optlon.eUher w restpsadon or repatr of the Frnperty or to the swas sec�red .. •-�.
<br /> , by thls S�curlty Insmrment,whether or aot thea due. ��,-:�
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<br /> ° �, Unless Ix,nder and Brnrower othezwLse agrce in wddng,a�►Y aPDlic�on of procee�s w prindpal shall not ext�nd or postpone a:
<br /> the due date of tha mopthlY paymenis refei►ed to in ParagraPhs i and 2 or cbange the amount of svch payments. �:;
<br /> � � 11.Btomower Not Rekased;Foa6e�tnce By l.ender Not a Waiver. Hxtension of the titne for paymeat ar modificat�on s__,:
<br /> of amortiratton of the suans secusod by thls Securiry Ins�ment gxaated by Leader to eay successor in interest of Borrower sGsll " .�,a;
<br /> _. ° aot operate to release We liabi�ty of the atiginat Horruwe,r or Bormwer's suoa�tt��i�it�r�t.Z.ender at�aa�i�tcqu�3 ia f :��°
<br /> wmmence proceedinBs egeinst any successor in interest or refuse to extead t�ne for payment or otherwLse modity mnordTation of •'-�_=
<br /> , the sums soctu+ed by this Security Instrument by reasoa of eny demartd made by the original Botrowa or Bo=rower's suc�cessars
<br /> ,. �� ' in interes�My forbearence by L.ender in oxercising any right or remedy shall aot be a waiver of or preclude the ezerdse of any �� .`';��
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<br /> , . rigbtcuremedy. °� r�� '�
<br /> ° � 12.Successore iwd Aasigos Bowrtd;Jofnt end Severat LlobWty;Co-sigaera The cove�nants end agcaerneats of Wis � :}� �"'
<br /> Security lnswmeat si�all bind and benefit tha sucx�essors and assigns of Lender and Borrower. subjoct to the provLsions of •� : -�_
<br /> � paragrepri 17. Bo:rowar's coveiunts end ag�eements st�sll be ja3nt and severa�. Aay Bonower who casigras this Secutity "';�. T._
<br /> _ �� Insorumeut but doos not execute the Nota: (a)is co-sigAiag thls Secwdty Insbumeat anly to mortgaga,gcsnt a�►d coavey that , • ,f .
<br /> � Borrower's interest ia tho Pcoperty under tha t�ns of this Secwrlry Instrumen�(b)I�not peasonally obligaU�d W pay the sua�s � -
<br /> _ ., �. secured by ihis SecurIty Insuumea�and(e)agrees that I.ender and eny other Bonower may qgcoe ro e�ctend.mc�difY.forbear or � 4
<br /> . �ke any eccommodadpny witb:+egard to the teta�s of thia SerutIty Instrument ot the Note wlthout ihat Boirnwe�'s consaat • � :. �-
<br /> , r 13.Loan ChArges. If the loan secured by this Socurlty Instt�ment is subject w a law which sets manimurn loan charges, . __
<br /> , • end tbat law is 6nally intetpreted so tLat the interest or other loan cfiarges collectad or to ba collected ia conaecdon wlth tha toan _ _
<br /> .. �}, oxceed tha permittal umits�thea:(a)any such loan charge s6all be reduced by tbe amouat n�ry w redace 1bo cl�arge w the _ ---
<br /> pe�milted llmi�end(b)any swns atresdy wllecoed from Barmwer which exceeded pamitted�will be refimded Lo Bozrower.
<br /> ., s� Lenda may choose w make this refund by redudng the principal owed under tha Note or by maldng a di�ct payment to - � —
<br /> Borrowea.If a refund reduces principal,the reducdon wjll be brea�ed as a P�P�Yment without anY 1�Y�t�Se :,' . . . _.
<br /> �' 1�. uader the Note. ' �r , ��;;`
<br /> .. . _� 14.Nafic�. Any nadcc W BoaoNer pcovtded for in this Se�udty Inam�me��t shafl tie givea by d e l f iv c�g i t ar by m a�i n R i t - —
<br /> . . . py first class mail unless app]Ica61e law requires use of snother method.'I1�e notice shall be dicecLed W the Prop�ty Addrass or �` ; "' _��.
<br /> .� � any othcr address Boirower designat�es by na�ce to I.euder.My nodce to Lender shall be gtven by first cla4s maii m I..ende,r's
<br /> � . , • address stated herein or any otha address I�ender deslgnates by notica to Borrower.Any noilce provtded for in tM4 Security
<br /> . Insltument shall be daemed tn have been given w Borrower or Lender when givea as provided in this paragcaph,
<br /> ° .> iS.Governtng Law;SeverabWty. This Security Instrument shall be goveraed by federal 1aw and the law of We
<br /> �� . jwrisdiction in which the Property is locatod.1n the event that any provislon or claus�s of this Securlty Jnsonu�eeat or the Nots
<br />�- �� „' contlicts with applicablo law.such contlict shall not affect othea provisions of this Socurity Insvument or t�c Note whicri can be
<br />_ ' gtven effett wtthout the oonNcting pmvision.To this end the pc�visiona of this Security Inso�ument and the Note are doclared to
<br /> � , be saversble.
<br /> Form80�8 9/�D
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