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<br /> ;� �.,���?� paymeats msy rto longer G�relyuir�si.az`the option of I.ender.if martgage ingivanee coverage(in the a.mouai aad for the periad �.:
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<br /> °-° � ".:...��,;;: . tttat Lender requiies)p�ovided by an insurer ag&ipved by.Lender agaia becomes uvailable and is obtaine4.Borrower shall gaY m
<br /> `` 'T ' the premiums required to maintain mort�age insivanoe in effe�ct,ot to provjde a tass resenre.unti!the�quiremeat for martgage
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<br /> -,.`-t;. . � .� `'F in�urdi►ce ends in ercordance a'iW azry�vritten agreement btnvaea Bnrmwer and I.eqder or applicable la�v. _
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<br /> ,':;�;�:fr�,�;.•<<.,�� 9.luspesAYoa.Lendee or its asert may mak�rcasona6lc eatrics upon and iccsp�ias�s o€the�raFerty. Ixnder shail Bive _
<br /> t_...£•::...' .°.;, Borro�ver notice at the rime of or prior.po nn tnspPCtian sgecifying reasoriable caose for the inspeztian. _
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<br /> -;.�.�°4,:«:;•,:<, : 10.,Condema�Eioa.7'he praceeds of any award or ctaim for daa��ges.direct or wnsequehtial.in wnnection�vith aay , r
<br /> F ;; '.;�;.� .` �`; �condemaatioa or�other taking of atry part of the Propersy.or for conveyance in tieu of condemnatinn,are hereby��ssigr�ed and . �
<br /> .-, S , sha11 be p�id to I.ettder.• � � ' ` �`
<br /> - �_:�.. _ Yn the event of a Wia!fakin�of the Prapem,{.Che ptvcxeds sh3U 6e applied to the sums se�ued by thas Securitp inctn�ment,'. �}�
<br /> ` '` u. wReiher or not then dae.with any excess paid to Borrower. tn the event of a partial taking of tf�Propetty+w wliich tiae fau
<br /> �`-��� market value of the Property immediatety befcie the m►'.arsg is equal to or g�eater than the amaunt of the s�s sesured by this
<br /> ��'` ��°� . p,��� t it[esss�li�sel�.te#'or�LE� '� .,�nlesc�Hnrrower and Ir.u�er athereeiss agree.in cvriting.the svms secured 6y �'.
<br /> - �"�.is �tt�Ltita�I� J
<br /> ��W� -� r�°� this S�urtty Insuvmeat shal!6e reduce� by the amaunt of the pmceeds muidplied by t�e folIo�ving fraciiaa: (�jihe total �_
<br /> '�E �`. '�T r•=� etuount of the stmis secure�immediately before tt�takit�.'divided by(b)the fair maricet vatue of the Property immediately
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<br /> -�:��vs„�:- .- k.� [�efore the taki�. Any 6alance shsill 6e p�aid to�osrower. In the event of a parcial taking of the Praperty in whic�the fair
<br /> �s .���� � market valae of thc Pro immediateT [�efore the takin is tess than tE►e a�sount of the snnis secured iumtediately before tl�e =
<br /> �'�����'� P� Y S _
<br /> �'' �'f taking,unte�8m�rawer�nd Lender othecwise agree ia writing or unless�pp cabte laR+othenvise rovides,the prooeeds shall
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<br /> �`'�`'��''�.�"Y'`-" �aPP11�W tlte suD]s seatred 6y this Seeut'ity in �m�,c whethet or'uot th�sums aze then due. , �
<br /> �T'���`�, If the Peoperry is abandoned by Bortower.or if:aftee notice by I.ender ta Borrower that t�e oordemnor offets W make an , �
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<br /> acvard or settte a claim for damag�es.Borrcwer fails ta cespond to Lender within 30 days after the date the not�ce is given.
<br /> - -����'�`, / Lpader is authorized to mltect and apply the pratee�s,at its o tian,either to restoration or re.pair of the Pmperty or to ihe sums • --
<br /> .��.�::., , � • -
<br /> �~'�;',:�:;;,;;'�;; s�sured 6y titis 5ecurity Instrument.whetherur mot then due. . . �'
<br /> ��'.'fr.^`-.''"' . �-'�'�� UI1125S LR[1d8f 8I1� HItRO�YCr O1I121W1SC s3$TQ�II1 W[lUlla°s anY a�Pfic�tion of proceeds to priffiipal sLall not extend ar _-
<br /> - -,�p �"`� ' _ hs 1 and 2 or ch�n e the amouat of such paymeats -
<br /> „%;:��,..� . -- -.._._._.pestpone the�ue date of.the monthIy._payments.r�fe�sl.so�n para.grap..__._.-----.-.---_--. .�---..:.......... ......=---.. _._.-- '
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<br />_��,:_ � . � 11.Bi�sm�v�Nof Relea�ed;Forbea�ance�y Lead�r 1Vot a Waiver.F.�tession of the time for payment or aiodifiption�
<br /> ' of amurti�ation of the sums secured by thls Security Inst�n�anent granted by Leader ta any auccessor in interest of Boirow�r sha11
<br /> '.� *'g not operate to retease the liability af the origiaal Sorrower or Bonowes's,successoss in interest.l.e�der shall not be eeqvired to .
<br /> ' • '�-- successor in interest or refuse w extend tume for payment or atherwise acodify amortizaiion
<br /> . .:;; commence proccediags aga�nst aus+
<br /> ,. � of the sums secured by this Se�uitY tnstnunent by c�eason of any demand made by the ariginal Borro�t�er or Borrower's .
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<br /> — :�:t;:�=_,_� . su���«►*��in interest. �lnY.forbeFirance by le:eder in exen�ising any right or remedy shall aot be a waiver of or precIude the
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<br /> ��'•?'-�r��;' - — exerciseofanyd�litor-remedy. --- ----- - - --- -- -. --- - - - --- --- - •--- -
<br /> "�` �- .Ir� � 12.Sacc�sdrs and Ass�gns Bonnd,doint attd Several Liabiltty.Co-stgners.The cov�nanss and agreements of ibis ,
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<br /> ----.:� ,+�.�,.��'•�. • Security Instrument shall.bind aad beneftt the�successors and a5signs of Ixnder and Borrower. suioject to the provisions of
<br /> _•, �. ,�;.: ,�
<br /> �'��-%��.���.�; . . . ' paragraph 17. Botrower's covenants and agceements shall be joim and savetal. ,Any Borrowes who co-signs tGis �CUrity
<br /> =�`°"�!'���-�:� Tnstrumer�t 6ut does not execute the Note: (a) is co-signing this Security Instrument oAly ro mortgage.grant and coa«y that
<br /> -����3"`� Borruwer's iaterest in the Property under the tem�s of this Security Inswmetn;(6)is not petsonally'obligated fo pay the sams .
<br /> sewred by this Security Insuument;and(c)ag[e�c�t Le�er and affy other Borrower may agree to eatend,mpdify,for6ean or
<br /> �--�;�,.�.�. � malce�ny,accommodapions with regard to the terms oF this 5ecnrity Instrument or[he Note without that Borrower's oonse�.
<br /> ,.— �:��. 13.Loaai C6atges.If the laan secuted E;i.�fais Security Inshumeni is su6ject w a law whic�sets maximum loan charges,
<br /> - - - and tliat taw is finally interpreted so t�at the ir��a�st os ather.loan charges collect�t or to be callected in connect�n arith the .
<br /> -_---'�"-=�`� . loan exc�ct the permittad limits,thea (a)any sucn loan ctiarge shall he reduced by the amonat neoessary to reducs the chargq. ,
<br /> _--_= to the.pemuttetl timit;and @)any sums alrrady callected from Borrower whicb exceeded permitted limits wi{1 be refunded to .
<br />- -____== $orr�iwer. I.ender,may choose w make tbis refund by reducing the principal owed,under.the Note or by,making a dirert'
<br /> payment to Bormwer. If a refund reduces principal,•the �ion will be treated as a.pa�tial prepaymettt withaut turyy .
<br /> prepttyment charge under the l�iote.
<br /> ; --- � 14.Notfces.A��i+intice to•BoiIOwer provtdea f�ci in this Securiry Inswment shall be given by delivering it ar by mailin�
<br /> --_— = ' it by fi�st ctass mail��.ss apglicable iaw require�.�e of aaother method.The notice shaU be d'uected to the ProperCy Address
<br /> _ or any ather ad�iress Borrower designates by notice to Lender. Any notice ta Ixnder s6all be given by fitst cIass mail to
<br /> _ -__ == Lender's t�t i�ress s►ated her�in or any other address Lender desi�sates by notice tb Borro�ve�. Any notice providrd for ln this
<br /> -- - °"'��'��� Security t,�istroment'shall he deemed to have 6een given lta Borm�v�r or I.ender when give�a�.�ravided in this paragraph. • -
<br /> 13.Gbverning �.stw; Seve�ability� This Security Insm�ient�sha0 be govemed by federal.laa+ and�tl�e la+w of th.
<br />-_ _ ' �,. .jurisdirtion in whic6 ths Propzny is larated. In the,event that any provisio�o�.clause of ttns Security Instsvment or the Note
<br />__ __-�_�T„�`� wnflicrs?Avith applicable law.such conflict shal}nof affect ott�er.provisions of t7us Security Instniment or the Note wiuch csb be �
<br />__ - --= given w��t without the conflictin�provision. To this end the psovisions of,this Security 3nstrumenR and the Noie are declar�
<br />- - _-- - to be s�:;�:�blz. " . . . .. � , ,
<br /> �, 16i B�rm�vet's Copy.BorroweT shall be given'one cQnformed copy of the Note and of this Security Instrumem.
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