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<br /> �; '''� OOVCiB 114I��OUAI 3Tld fOr t�E�T[Od ��.�
<br />'"�`''-�'j�;- ��yments may nu tqnger be mquired.ut the oplion of Lender.if mortgage insurance ge<� .
<br />'`,' `` ved b Isudes again becomes availabie acd is obtained.Borrovrer shall pay ��
<br /> . ��,;�: t��l�ender, �equires)providetl by s�n i�stsrea aPpro Y
<br /> n �
<br /> , .. ' the premiuins requir�d to rhaintain.m�rtgage insu�sce in efftxt.or to provide a lass neserve.until the requirement for atortg,age t�.,.
<br />' �� Insutance ends tn uccotdance vsrith eny written agreeasent between Borrower and Lercder er applica6le law.
<br /> ' ''� i.ender or its a�ent may muke reasonable eatries upoa and inspections.of the Proparty.l.ender shall give , ��:
<br /> ���"• .. 9.Itts�esiion. b ,
<br /> , :F Busra::�zr notice at the lime af or.�Srinr to an inspectiun specifying reasonab2e cause for the inspe,ctiop. ` `�_
<br /> -t�'•`: 10. Cand�naiEon.'tbe.prooeeds of any aaard or claim for dan�sges. dic�t or;oonsequential. in ronnecdan with any �,
<br /> �°F'�� . �ndemnation or othec takin�of any part of the�raperty.or fnr aonveyance in lieu of onndemnation. are hereby a�sip�ed mtd �:
<br /> s�' shall be paid to Ltader. - , . - . _--
<br /> ;,�., . . In the event of a tota!taking of the.Progerty,the p�ceeds shall be applie�w ths sums secured 6y this Security U�strumeat, -
<br /> ;:;-�.4µai' WUStI1Ci Ol ROt tI1Cf1 HIIC,with any excess-�aid to Borrower.in the event of a partia![akin�of the Property in which the fair 7_.
<br /> ?=:'«' � mruk�val�of the Propertyt immedieteIIy before the taking is eqaal to or greater than ttte amount of the sums secv:ed by t�is ;
<br />_ .�: �_
<br /> '�='��:'-`1� 3ecurity�nstrument immediately before the taking.un1ess Bomower and Leader otherwise agree in�vritiag,the suaLS sec�d by -
<br /> :�,�_..::� t#�is Secvrib� inswment shall 8e re�ua.d by the amount af the'proceeds multiplied by.the following fradion: (a)the totai s_..
<br /> :f:"' - aatount o�th�sums secu�d immediately before the taking,divided by,(6)the fau market.val�ce of the Progerty i.mmediatety �-
<br /> Y r,.`� before the taking.Any balance si�all be paid to Borrower.In the event of a partiat taking of the PropectY in wlucb�the fair :--
<br /> i.4. .
<br />�.'���;j"� market valae of�the Pmperty imm�iately 6efore the t�c►S is less than tke amount of the sums secured immediatel.y before the `-
<br /> .�►!f�s �
<br />`����-'_ = taking,untess BorrQCVer aud I.ender othenvise agrge in writing os unless applicable law otherwise provides,ti��cc�ds shall • i
<br /> ;w;s._.,,; .. , .
<br /> ��` +� �"� � . be applied to the sums secured by this Security Insuument whether or not the sams are thea due. � :.: .- . _
<br /> �'''? -'• �'_ If the Pmpetty is a6andoned by�Borrower,or if,n8er natice by Leader to Borrower that the condemnor affeis to make aa
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<br />:-.��; . -� -ap+ard or:settte-a slaim�or-da�ges.-Bo:rower.fails�_to..tespond.w'Le[�er:within 30 days_aRer the date the�tice is 'ven, -
<br /> '`�=�. . .
<br /> 8�
<br /> ,.�,r� � Lc�der is aatiivi�zed to coltect snrt a�pSy ihe prar�eeds.at its ogSoa.either w resturafioa or iegair af the Properry or to ihe��svms --
<br /> -- seeureif 6y this Security Instrument.whether or not then due. '
<br /> =°r� Uniess l..ender aad Bornnwer atherwise,agree in wripng, aay aPPUcation of pmcrxds to priucipal shail aui extend or : -
<br />- ;r,..:;; postpone the due,dzte of the monWly payments refetced w in paragraphs 1 and 2 or change the azuoudi of such payments• .
<br /> '•'` � li.Borrnwer Not Betea�ed;Forbeara�aee BY Lender Not a 7Waiver.Extenston bf the wme for paymeni or modi�catton
<br /> -_.,.�,�� .
<br />=�����+� � of amorti7ation of Ehe sams secured��y tIus Security Insuument gtanted by Lender to any suocessor in interesc of Borrower shaIl
<br /> -'"'�� not operate to release tbe liabiliry of the ori�iaal Horrower or�orrower's.successois in iatetest-Lender shall not be tequired to
<br />:,�';X,;--.--;; -.
<br />:_�:.��>�� ooammesace pmoeedings agaiast any successar in inienest ar refuse to extend time for p2�yment or otherwise madify awottizatioa
<br />_Y�=-��!� of ttqe sums secured by ttds Secusity Instnunent by neason of any demand made by the original Borrower or Borrawer's� .
<br />•�:•=',:;°:�:=� sucoe,csors in interest. My forbearance by Lender in exQrcising any right or remedy shali uat be a�waiver of os preclude the •
<br />.,1,..i ,-'� - exereise af any right or re.�edy. '
<br /> ___ � i�,.Successors an�Ass3� Bound;aom� �a��Y� ia��sy� Ca5lgnevs. The oovenants.and agnee�rrts of this
<br /> - -- g�rity.in „++Pn� shall bind and 6enefit the successors and assfgns of I.cnder and Borrower; subject to the pmvisions of
<br />:�,;-�}�<� paragraph 17. Borrower's covenants and agrae�ients shall 6e joint and several. Any B�nower who co-sigas thls Security
<br /> - -= Tnstrument but does not execute the Note: (a) is co-signing this Securit}+ Instrument only to mortg�ge.g:am and convey that .
<br /> _-"----- Barrovrer's�nterest in the Property under the tem�s of tlris Security Instnuaent�(6)is nnt getsonaUy oblig�ed to pay t6e sums . ,
<br />.-__=�� S�{�y�Ce,�:��i�c Instrument;and(c)agrees that I.ebder attd any other Barrower may agree to eMend.modify.forbeas or
<br /> - - make any arcommodations with regard to the temis nf this 5ecurity Instnunenf or tFe Note without that Borrocve�s con5ent.
<br /> -- 13.Loan Cha�ss.ff the toan secured by this Security Insuument is sub,�ect to a law wtuch sets maximum loa»chasges.
<br /> • and that law is fitEaliy iaterpreted so that the interest ot other toan charges call�or to be colle�ed in conne�tion with the
<br /> taan exceed the permitted litdits.then: (a)aAy sach loan charge shall 6e reduced by the amount neces,sary to redace the charge
<br /> to the permitted limit;and(b)any sums already collecxed from Eorrower which excaod�sd pern�itted llmits wi11.6e refur►deA xo ,
<br /> � Borrower. I,ender may choose to make this refund by cedueing tt►e.;principal ov�ed err.der the Note or by mt�cing a direet
<br /> payment to Borrower• If a refiind n3duces prin�ipal. the reductI�n will �e treated a's a partial prepayment without any
<br />--- ---- P�Payment ci�arge.under the Note. • .
<br /> -- 14.Nptices.Any nodce3o�orrower pravided for in this Security�Instnrmen9 sha116e given by delivering it ot by mailing
<br /> -- it by.fizst class mail uNess appticable taw requires ase of another method.The notice�.h.all be directeA to the Property Address
<br /> - � or any other address Borrower desig�ates by aotice to E.ender: Any nottce ta t.eruii�shall 6e gi�en by fm�c class mall to'�
<br />_ -�-�-- Leader's address stated herein ot any otRec a�3dress Le�?der designates by nodce to�$c�'�scver.Ar.��oflce prob-�d for in this ,
<br /> � - Security Inmum�z!sha11 be de�med to ha���is�n�iven to Bonrower or�.er►der wheq�iv:,n as p�1�•9n this paragraph. •
<br /> 1,5.Gqver�'' ; Lscv;.Severablt►tY. ''S�;as Securiry Insuument shttll be goveri:ed by fedetal latv and the law of fho
<br />__--= j�uisdicdon in which the Pro�y is lopted. In the ever,�:�'at any provision or cL�.��of this Seculity lnsriumen�or the Nc^�, ,
<br /> - . canflicts with applicable law,sacb cbn�lict shall not atteet osl�er provisions of this�ua�ity Insuument or the PSet:w+hich ean ise
<br /> - .�_- , given�ffect withaut the canfliding provision.To this end the provisiar,�s of this Seeurlty Insuum.nt and the Note are dectam� �� •
<br /> � '-°`• to be severable. '
<br /> •��;�;r';��~ 16.Borrc;r�r's Copy.Borrower sh�iU L��given one confornied copy oF the P1ote and of this Se�rity Instrument. •
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