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<br /> gaym�azts may na foages 6z�r�i�,at[he aption of Lead�r,.,if mortgage insus�tnce c�vcrage 4tn the amauni�d fo�the p�riod-� -
<br /> ' that Lr�der reqniresj irravidr.�by a.�insures a,gpmve3 by I�Dder again,beoames uvnilabYs und ls abt�ine�l.Bortawcr'shaU pay'
<br />. ,,j���p�g�p{�Ep maintain g�i4g8$B ttlSUtaIICC��I►�efff�t•or to gdvvide a tdss reserve,untii che ssqnircm�nt far�ustaa&e ,
<br /> 'insur�nse ca6s i�axordzna�witti siny written ag�ement tsetween Borrou2r e�►d Y.�a�r or aypfEabte ta�i. I.C]�CI 6Tid1I$tYC
<br /> - �- ---� :�„.�'�. ��r_itE>A��m���e rPamnable ersrics npon an�dnspectfons af_the.Prupe�tY• _
<br /> �°�'mK�tr aoti�e st�t�z cs€isrpriur tQ aa i���,;roas�onahie rausc for th�insgectiop.
<br /> ' �, � i0.eaa�mnattoa. iThe�moeeds of any a�vard or claim for damages.dicect or coris�ueatl�f.in conne�tian vrith� .,
<br /> � condeu4aation or ott�r taking o�f auy psrt of t�s Propertyr,.or for�eoaveyanee in lieu of condemnation,�e hen=by asslgaed and�
<br /> st�aill�e paid to Lendet: 'c .. , .
<br /> In ti�e e�retd af a total taTa�ag of the PmF�Y•�PTO�g shall be agptied ta the st�ms secured by ttis SecuritY Ias�nt,
<br /> wHether��r not then due.with�Y exce�Faid to Ror�ower.6n�Ise event of a pattia7 taking�of the Propecty in.�viucI�the fair �
<br /> �aricet value of ttie�roperey imanediately befare she takmg is equa!co or�reater tt�an the annount of the sua�s�eai�ed Byr.t153s .
<br /> � Security Insuument immesli�teiy before the t2idng.unt�ss Borra�der e�d Lende'r otbenvlse agree In writing,dfe s�ms secured by
<br /> ithis S�.vrity Inst�vment shafl be reduced by the smouat of tl�prurReds tr�ltiQlied by the follo9ving fiaccion: {a)the wtml
<br /> amonnt o£the sums se.c�ued imu�iateiy befnre the taking.aivid�by(b)th�fair marYet v81ue•of the Pzaperty itq]A�Y . ,. .
<br /> b�fo�t�talaug-Any_batanoe shall be paid to Bosrower. In the event af a pardal taking di the Prape�ty in.whict�the fair
<br /> a�icet vaIae of tha Propprty ia►mediHte�Y 6e�ore[he taScing Ls less than the aux�unt of ehe sams se�eured i�mnediat�ty bcfore iha . �
<br /> ta�ng,unless Bcfrrov�r aad Leader atherwise a�ee in writing or aniess applieable law othe:wise provid�s,ttte pmceeds shali
<br /> • �e r�pp4ied ta the sums secured by this S�caritv.Instrumen.t whether or not th�s�ats are theu due: . . -
<br /> .: Tif the Propeity is abaadoned by Boirawet.-os if.at�et n��by t�nder.ta Borrower that the caademAOr offeis to mafc�an� .
<br /> aw�d or s.-tflp a claim for damages.Botsnwer fails ta'respa.ad w L�ndsr wlt6i�30 days atter tfie+date the notiae is given,
<br /> Lendeg is authorized to collea az�d sspPly the proc�eds.a€its opdon,either t�n�storation oz repair of the Property ar tv the snms
<br /> sec�red by'Rhis 8ecurity Instroffieat.whethe�or noi then dne. � , .
<br /> Lfnless Le�der and Barrower otherwise agtee�n arritiIIB;anY aPP1Ir,ation of prnce,�ds to pdacipal shali aot ease�d or
<br /> . posl�scme tiie dne dai�of the mo�thty Paynaents r�efe�d to 3n para�aphs l aad 2 os change tfle a�ount of stts�►payments- •
<br /> � �1.Barmvser No!Released;Eor�earan+ce By 1.eader Not s�Waiver.F.xtens'son of the tiait�for paycpent or mndifieation
<br /> of ainoni7ation of the sams secaued by this SecuritY Instrum�nt graztted by Le�der to any succes�sor in intere.st of Barrower shall
<br />:�; � rtat opeiate to retease t&e Gability.of the origina}Bormwer or Borrower's succzssois i�interest.i.ender sha11 nai d�e t�guirecl tn .
<br /> ' comaieaoe�tt'oceedi�s zg��'Y�ncc�sor in interest ar iefilse to emend time for payme�i ur atheirvise tnodifY awartezatio� . �
<br /> of the sums sec�red by t�is.�c�iry Iasm�mesit by Yeason bf an�r Qemand made by thc origmal Borrower or BorroWu's, .
<br /> {,,. . suaessors in interes� l�ny fc.ii.'r�su�ce bY Lender in exercising any right or remedy shall rtot be a waiver of or preclude the
<br /> �:.�": exercise of aay tight o:�edy::'.;::;%�..: . . � . � .
<br /> L2.Sucaessors�d•t��q� �uatl;��i'�t and Severa! Liabilityi Casigner�. Tiie covenants ard agreements of this
<br /> Security Instruma►t si�all 6In�.�¢r',�;tlenefit the�succxssors and assigns of Lencler and Borrower. subject to 4he provisions of; .�,.'��''�...
<br /> �paragraph 1�'. Borrower's �:o�cr,�s►i*.� an� agecments sball�Ue joint and several.. Aa►y Borrower whv co-signs this Sec�u'it�+ •
<br /> ��smtment but does nat execute t�Ce Note: (a)ls oo-sigaing tlus Securiry Instrument only to mortgage, grant anQ cunvey tbat
<br /> Bocrower's interest iu:t;..�*e:FroFerty undu the terms nf this Security Inshvment;N)is not persor►alty obligated to pay the sums �
<br /> suared 6y this Sea..iff�.�nstncc:aeat;and(c)agiees that L.ender and any other Borrower may agree to ext,end,modify,fo�beas or ,
<br /> ` make any accommndations wits r;r.,.;ard to the tem�s of thys Security Insiruraent or the Note wiWout that Bonawgs's consent.
<br /> �3.I,oan Chargey.if tk�.l'�qu�secur�d by ttus Securiry Instrament is subjecf to a law which sete ataximum loan chatges,
<br /> , and titat taw is fuially interp�;�.i that the inierest or oiher loan c�arges oollected ox to bc collectad in c�nnectlon�vitb t6e
<br /> ' toan eaceed the permiued limifs:fhen:•(a)mdp sucb loan charge shall be reduced by the a;ncwnt neccssary to reduct ttte ct�ge.�
<br /> • ,ta the permtued liaut;and(b)aby sums almaQy collected'from Boaawer which axceeded permittec3limits vyil!be riefunded w
<br /> $oaawer. Lender sr�y ctioos�t�i� m�2ce this iefund by reducing�he prir�eipal owed und�r the Note or by making a darxt
<br /> payG.�wnt w Bonow•cr.�If a.�trtuu�t3 reduces principal, the,reduction wiU be tressted as a partia} prep3ymenE �ithoni any
<br /> � pre�ymcntcharge°u:t�t:�rtheh��;:.' ,
<br /> ' . �4.Nottces..�1,�@��s�oiice ta Borrower provided for in this Securiry I�sUvment shall 6e given by de2ivering it or by u�ailiag
<br /> � it by first class ma:P�ntess appiicable law requires use of another method.The aotice ariali ise directe.l to the Progecty Addnsg
<br /> �os any oWer address Borrower.designates by �otice to Lender. Any notice to Lentler shall b�e given by 5r�t class mail tn
<br /> � Len�r's address stated hereir.'cx cany other address Lemder designates by notice ta Bonower.'Any notise provided fa=in this
<br /> � �5ccAriry instrumeat shall be Qe�;ra!s to have 6een given to Borrower or Lxnder when givcn as provided in this para�caph.
<br /> ' 15.GovtrnlnK Law; S�et"abllity. 'T�iis Security Inswment shall be governed Dy federa[_law and the law of the
<br /> jurisdicdo:�in wh:cU the Prope�l is laata�i.:ih the event that any provisYan•or clause of this Securiry Instnimsat ar the Note
<br /> conilicts wlth appli��e Iaw, s:�r�a conflict s:���:�ot affect other provisions of this 5ecurity Inswment or the Note whieb can be
<br /> gir•et�.effect withoat L�C Car.�+"v��provisioti:To this end t::e,�rovisior�s of this Security Instnament azud the Not��e declated. .
<br /> to 6e severable.. . . . .
<br /> 16.Bonower'�Copy.Borrower sha�l b�given one�cor�formed copy of the Note and of this Secur3ty Jnstrumpnt.
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