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<br /> paytn�nts may no iong,:r l�C rcqu?�,at the option aF Lende�r.ef mortgage insursu�ce aover�,�e(in t�e araount and for the per�ad.
<br /> , ttasR I�ender rrx�irts)9mvided by art insurer npproved 6y Let�ier�ain beccimes avaitab?e and is ob4ain�.�orrow�r shalt paY .
<br /> � thc premiums r�qu�red to ma��tain mottgag�inss�rance in effcct,or to providc a loss reserve.antil.We req�lreriisnt fos martgagc=
<br />---,--- insvrat�ends in accordarnfi with eny wRtten ugreeir�nt betwe��arrow�r�m�I.eisdet os applica62e lawr. � .
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<br /> • 'Bormaer�mtici;et�'tirt�of or prinr to an inspeaion sgzcifyi�tg re�onabIs�ause fo:the inspeciion. .
<br /> ,- .. � 1U.�o�Hon.Tize gro�sds cs€any aw�or ctct�t ftt��mag�s,d'ueit ar�s�wu�ea�.ia co�nesti9n wi�any --
<br /> � � conde,mnada�n or otker taking o€acry-paR of the Pro�rty.os for ooaveyanee in lieu of�on�iemnatian,a�e hereby assignad und � .
<br /> sl�l be paid,to Le�td�. • . � . .,. ' .
<br /> • in the eYent of u totai talring of t�e Propeaty:the proeeeds shaU be appffe�to the s�as secured b}+this Security I�sttum�t,
<br /> �w�ether nr not d�xn due.with aay excess paid to Borrnwer. Ia t�eveflt of a panial ta3tiag of the.Propeity in whicb the faff , �.
<br /> �rket vaitie of the Property i�liatel�?,hefoie the taking is eqoat to or.grcater tbw the�amount of the su�ris seaued by tHis , ,
<br /> .. .�tcurity Insvam�t,imm�diately 6efoze d��tak�8,uniess Bomowei pnd.Lender athenvise a�ree in writing,tlte sums sea�r�ct.by.
<br /> t�3s Sea�rity Instrpmem s6all he mduce� by the amount of the pmceeds multiplied 6y the foHna+ing f�ion: (a�the tot�l �
<br /> amount nf d�e szms serurec!immediately 6efore tbe taYiPB•divided by(b)the fair market vaIue of t6e Presperty i�ediately . .
<br /> ., bcfase the takin�.Aay ba�aace sha?!6e paid tfl Borrowe�. In We eveut of a�Partial fatang of the Praperty in whirh ihe fa�t
<br /> matk�vatue of tha FraPertY icnme�i�aPSy 6efore the ta&ing is less than the amoamt of�he sums se�xtt��d immeiiiatpiy hefoie the ,
<br /> tat�ng,uuless Borrower aad i�ender`�rwise agtee in writipg or unless applica62�taw othera�ise pmvides. the pro�ads s6?,!I
<br /> be�applied ta tbe sums seclmed by this Security tnstrument�vketGer ar not the sums are then dus.
<br /> • • If the Pro�rtyr is aBandoned by Borr�wer,or if.after n4tice by I,�odsr to Borruwer that th�9undsmnor offers tois�e an .
<br /> � Svvard or settte a claia�for damzges,Iinrmwcr fails.to�spoml'ta Ixnder wirbin•3d days.ai3er the date the,non�is giveq: • .
<br /> L�nder is authorized to coll�t and appty the praceeds.at itt optian,eitl�r to restoration or iepair of t�fe Froperty or ta tlte sum�
<br /> secauEd�y td�is Se�uity Inst�ument,whrxher or not then due . . • ' . .
<br /> Uniess iRad�r aad Eorrower otheYwise agree in weiting, a�► ayplieation ofi proaaeds�to principal shall not �cea�or
<br /> postpone t�e due Aate of the manthiY Fayments referred w in patagrap�s 1 aa+d 2 or chauge the amount of sucti paym�ts._ ,
<br /> 1!:Bor�wer Not Released:Forbear�nce'By I.ender Not a W�iver.Eatension oft�ee ti�s far paym�ne ar�modifccation ,
<br /> of ansorti7atian of the sunos secu�d by this 3ecurity Instrumant g�nted by Lender to any sucoassor in inte�est of�orrawcr stnit
<br /> not aperate to ceiease tlie liability of the orlgina!Borrower or Borrower's successoss in interest.Le�ider shal{aot he�eqair�d to
<br /> wmmenoe prmeeedIngs against any successor in intcrest or refuse to extend time'for paymen�or:uiheawise m6dtfy�morti�+tion
<br /> o€t#te sums secvred by thie Secarity Instrument�by reasoa of any dert�and made by the originaf Borroovet or Borrowc.�'s
<br /> � s�ess�ars in interst. Atiy�f�rb,��e by Lender in exezcising any right or remedy shal�ttot be a waiver of or praclade tIle
<br /> ' eitercise of any right or remeQy..• 1:',:._., . , .
<br /> ' I2.Snc�aawrs and Asstgns`(,�a�ad:Jaltit and$everiY�bIl�ly;Co3igngrs..The c�venants and ageements af tbis.
<br /> ,';::...;s Security Iasdui�nt sball bind and fi�ue�t th�,s'r.�c�ssors add�a�Sgns of Lendec and Bomnwer..snlsjec�t to tise pravis�ons of� � .
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<br /> ;`,` P�F�Pb 17. Barrowes's oavtrrants and.'a�sha11 be.,{aint and severa�. My Boriower ar6a oo-signs this Secvrip+
<br /> Insawuent but does not exerutP the Note:(aj is�u:rsigning this Securiry Iascra�rit un1Y tn m�rtgage.grnnt and wnvey tLat
<br /> � B6rrow�r"s interest in the Properiy�nder the terms of this Sea:ri.ty Inshvment;(b)is nbt personaliy obligated to pay tUc snffi
<br /> � secureQ by this Se�wity Insmuners;;��.'W(c)agees that l.ende�'ar2r�.any other 8orrower may agree to ext�nd*modify,.farbe8�ar.
<br /> ';:: mal�aay acoommociatioits with regard fo the terms of this Sc+tut�tZi'+tnsxrument or the Note�vithout that Borrawer�s cans�nt.
<br /> . !3.L�an Chaxg.+�±a If the toan secured by this Security Instrument is�eubject to a taw which sets maxinv�t toan eharg�9.
<br /> . �:;' and th�t law is finail�:'iis�tcpteted so chat the intensi or Qthe�loae cLazg;.s;�o9lected os to be oollectad in canneexion with the
<br /> .... toaa exso�d th�pesnf%t�3;�imitq;sh�x(a)any such loan charg�;K[t�11.be redaopd by the amasnt nooessary to�educa the c�cge
<br /> to the�eimitted'limit��t�ti3(bi'.,a.�t.�;m�s alrea�dy coliected fro�.�is�wer wiurh exoaeded ptm�itttd Ilmits v�+ill be refunded to
<br /> . Rormwer. [.ender mi�,�`:,chnose'to�trrake this.refund by redi:y'ur+�.:•I�ur.prtncipal owod under�te HTote ar by malGng a direct °
<br /> � paymcnt to Borrrnuqt: If a iefund reduoes principal, th� ret'i4�Ii'l;n�;v�f� b� treated as a partlal P�i�Y�nt witHnut�anY
<br /> ' PrePayment charge uttder the Note. . �;';'_, • � ���: � �'� > . � � . .
<br /> • !4.t'�'atic�s:iiny�rite m�aorrowar p�%n�ai�u�'w�a:;a�u'�:�r.���:�6�given(�y dei;va••ag i!u:h;i�ilir.g..
<br /> it by�irst cla�s mail un�ess appiieable law requires use of ano`��i�thod.The nodce sfta12 be directed to the Pr�operty Addi��s
<br /> � or any other address Sorrower dcsignates by notice to i.erider, Any hotioe to-Lei�dar s�a11 6e given by fnst ctass mail to .
<br /> . Lender's address s�,herein or any other address l�ender designates by notioe to Borrower. Atry notice provldal far in th}s�
<br /> S�curir�Insszus�e�?41+r•�be d�med to have 6een given to Borrower.oi Lender when given as provided in this paragt�ph• : � .
<br /> 15.Governtag Il.avo; Severn611lty. 79�is Security I»sttument shali 6e govemal�6y federal !aw and thc iaw of the
<br /> jurlsdiction in whicfi the prrpeerty�lncated. in the cveat that any pravision or clanse of this Security pnstnunent or the Ndte� �
<br /> carcElicts with applica�le law.such contiici ahail nat affeci otRer provistons of this Securety L�strument or tt�e Note which can be ;
<br /> given effect withous t�e wnflicting pravisinn.To this end the provisions of this Security Instrament.and the Note rae declarsd
<br /> to be severable. . . �
<br /> , 16.Borror�er's Copy.Bnrrower shaU be gi•zea:uce conformed capy of the Note sind of tlus Security Instrument. . �
<br /> � fartr a"fY�'8 9190 .
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