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<br />,.-� ,� � payments m,iy no tonger.6e required.at the apuon of Lendee,if mortgage insuraace.coverage(in the amaunt and for th8 Qeriod , _
<br /> �.� ''•s" ti�at Lender cequires)'Qrovided by aa iasumr agymved by Lender a�in 6euomes'available aad is obtained.Bomawer shall pay
<br /> �� <`� .� ��'` � thc pr�tri�sms r�quired w'maiarain maitS�,ge im�uraace in effect;or to pmvide a toss reserve.uatil the requuement for tnortgage _--
<br /> ``l� `:,' '_ insurcunv�ends it�accordartee with��any written ag�ent between Borrower aa�Lender or�applirable t5w. •� `• ��. :
<br /> = ..:` '„ . . .
<br /> _ , , � ''.. 9. Ias�c�3iaa.l.ender ar its abeat may mafcee reasombte enpies,uPon and iaspections of dte ProA°ctl'-�Lender shall give� r `
<br /> � ,<"� . . � �:' Sormwer aotice at the t'sme of or prior to an inspection spBCifFyir�g[easonable eause for the irngectcan.
<br /> --� --• � -
<br /> - ��° ,`� I0. Camde�aation.'t1�e pmceed;of any award or claim for damages..direct or consequential. in cannettiaa with any •
<br /> ;����.� , candrrnnation or other taddng of any part of the Pmperty,or for comeyance in lieu of mndemnatinn,are herc6y asslgned aad ' �
<br /> ,�,_`_`_`�.,�_ ` sha116e paid to Leader. - - .
<br /> - �:;� �r;, - --- Ia trie eveni of a toral'takmg o�the Pmgaity.the-pmceeds sbaII 6e app�red to the sums secured by t+� S�uriry Ynsi�enr, -- � ;.
<br /> '� �... wbether or nat then due,�vit6 any excess paid to Burrower. In the even±of a partia!ta�ng of the Fmperty in which the fair . .'"�
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<br /> '� .� ' ' a�arkec vatue of the Property crt�rnediately 6efore the tatcing is equal toror,�neater t5an the amount of the swns secured by�1ris �-
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<br /> - � :�"�; Setvrity Inst�ument iwnediately before the takiag,wat�s Borrower and I.�der 4therwise agree in writiag,ths sums sew�ecl bY r9j :
<br />__' `'� "���' this Seauity lnstiumeat sha11 6e reduced by the aznount of tife proceeds mulriplie�by the following fraaion: (a)t he t o t a l 7
<br /> �.=� ` _' aatoual of the sums secured immediately 6efore the taking. divided by(b?tke fair maricet value of the Property��,me�;a Ply �`;�,��
<br /> _ - '':.�� •' .�'°'�? � 6e�fore tke taking.ptny balaaee shall be paid ta Borrower. In the ev�t of a,partia! taldng of the P�rogerty in whic6 the fair �` _
<br /> - .`,s:�'��' - : ':,�`` mark�va1¢e of the Pruperty immediarefy befare the raking is tess tHan the aucount of the sums secared immediately befor�tbe � �>`'
<br /> - -'" `"�tti� sai�ing.unlzss Borrawer anii Lender otheiwise agne in writing ar un2ess applirable[aw otherarise pmvides,the pmoaeds shall � `==
<br /> _ � ' .. . �:,;�,
<br /> 6e apPlied to th�s�a�s secared by this Security Insue�mettt wheiher or not the sams at�e then dtie.
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<br /> _. . .� i: ` . If the Pro�rty is abaadoned 6y�orrower,or if,after notice Iry Leader to Horrower that the anndemnor offeis to mak�aA. .
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<br />---�---.,. �-----�:,.�;,- ----......award a�s�tte a claun far dama,ges,Bomower faits to_zespoad to Lender witLin 3U days:after�e d�e the dotic�is given,---.---- '�;.,_
<br /> � ., . � -,
<br /> •''r.t t�.,^, .�° ` Lender is authorized to collect an�apply the proceeds.at its option.either to restorarion or re�air af tIv:Ptagerty or�o tlie sums .
<br />_ , : .�"'."""`' secured G U�is Secure Insuumeni.whether or aot then dne. . . _
<br /> �,;=�;t:�,`:,_.. Y �Y = --
<br /> �� , t'.. . ag�ee • g lication of ceeds to nna a1 shall not extead oz ' '
<br /> - �.�. ..,;.,.,:;.: `- .. Urtless Lend'er aad Bormwer otherwise tn writin , anY aPP� F�► . P� P __
<br />_ =�- postgone Ihe due date of t�e manihly payments refemed to in paragraphs 1 anG 2 or change the amount of surh payments. R
<br /> ��;.;^r . . - Il.Borrncv�er NM Rel2�ed;�'atb�ra�ce Sgr Leader Noi a Waiv�.F�tensian of th�e time far payment or modification . °'`�'_�
<br /> � = r of amo�erdaon of the sums secured by this Socuziry Insw�ent granted by L�ender to any successo�in ipte�st of Borrower shall =
<br /> `�;.:,:._. :�:•� ;-. ms ocu i ----
<br /> _ - '"y"`"--'�''�� : r.at a�^t�te�ta rlras.,th�-tiahifitj;-of�x oFiginaE 8arrqwcr cr-Bo;rcrsi+cr s�cr�sass ns ia&��.;t.Lcnder sha!!aog�sr�u3�[-scs- -- __
<br />- '`'���"� :�� •..-' �mmence praoee6ings against any successor in interest or refiise to extend time for payment'or otherwise modify amord�ation =_
<br /> ,�l�: a;. 4, of the sums s�by this Security L�ment by reason of any demand �ade by the original Bflrrower or gorroaier's, _
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<br /> ' r ,:';t,�r• successors in interest.Aay forbearance by i.ender in exefiising arry right or remedy shal!nat be a waiver of or preciude the
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<br />_ ; , �;.��, � exentise of any right or remedy.
<br /> �� ��"'.�';. . 1 2. S�ors au d A s d g o s$nnn d;lo i n t a n�S e v e r a l I d a b i l i t y: C o-s t�t e�s.T h e c o v e n a n t s a n d a$r e e m e n t s o f t h i s
<br /> - �%�;,�� ; , Security Iasaument shall biud and benefit the successois and assigns of Lender and Bonower, subject to the provisions of -
<br /> ,;�,��Y�� P�S*aPh 17. �orrower's covenants and agreements shaU 6e joint and several. My Borrower who ao-signs this•Security
<br /> � '�f ` '' ' Instcument but dces not execute the Note:(a) is co-signing this Security Insuumenx only to mortbage, grant and convey that —
<br /> J i �A'•,1 4 .
<br /> '��M'`'`^ `. Bmmvrer's interest in the Propeity under�the terms�f this Sea�riry Insnument; (b)is not yersonsilly obligated to pay We sums _
<br /> � ��'-�'�' s�vred by this 5e,curiry rnszrament;and(c)agrees that Lemter and nny otitex Borrotiver may agre�e to eatend.modify,for6ear ot
<br /> �..��r;�r,��• ', :.,:. �
<br />='�'`� - make aal•aaaommodations witf�regard to tfie terms of this Security Inshument or the Nate withoui that Borrower's canscnt. .
<br />- �' ;r ,l3. 1as�n Chaiges.If the loan sec�od by this Security Inshument is subject to a law which seis maximutn Inan charges,
<br /> - ���-'�s and that law is finalty irrterpreted so�that the intemst or other loan charges coltecteA or to!se coltected in conneQion with the
<br />= toan ea�eed the permitted limits.then:(aj any such loan charge shaU he redured by.the amawrt necessary to redaoe the ctlarge..
<br />- � to the penniaed limit;and(b)any sums already col�ected from Borrower whi�exa�ded permitted limits will be nefimded to
<br /> �Borrower. Lendcr may chaase to make tlris refw�d by reducing the principal atit�tl���tRder the Note or by malcing a dire�t
<br /> - __--_ _ payment. to Eonower. If a refand �educes principal. ttie re�uction wiU be tr�,i'sis a pa�tial pr�epaymeai withaut any
<br /> �`�''' � pieQayment cl�2rge under the Note. ,.�`� �
<br /> _ : �� 14. NoticRS.Any notice to Borrowerprovided foT in this Security Instnuneat,�[iuii ue given by delivering it or by mailing �
<br />- ---_----- it.by fust ctass mail untess applicable law requires use of another�uethod. The noiici;s�all be directed to the Property Address
<br />- '�a�'nny ather.address Borrower desigaates by norice cm Lender. Any notice to E.cr.der shalt be given by first class mail to • -
<br />_:���"��—��' l,:ender's address stated Iierein.or any othcr address I.enster designates by notice to$orrower.My notice provided for in tltis . .
<br /> �. ��� Security Iastrument shall 6�deemed'to G7q�been given to Bornawer or Lender when given as provided in this pamgraph. _
<br /> -- _-- 1S.Governing Law;.Severability. This Security Instrument shall be govemed by federal law and tRe (aw ofthe
<br />��p� � �� jurisdiction in wivch the Tfi��erty is located. In the event thaf any pravisiQn or cla�se of this Security Instrument or the Note =-
<br /> � �contlicts with applicatsLe;la,�v;such cpnflict shall not a4'fect other provisions of Htig.�;�riry Inswment or the Note afiich can be �_-
<br /> ;��..�' glvea effect viithout ihe conflicting provision. To this end the provi,:=i,cns of�t►is 5e+auity In�rmr++�nt and thC Note are declarad ' -__
<br /> _'; . -w.-.:�� .,- .. ,�_
<br /> . ri•.f.:�s ta be severable: . !:
<br />_ �.-'�_"�'�'rt- • 16.Botrower's Co�y.Borrower shall be�iven one wnfornied ca�y of th�Note and of this 5ecuriry Insmiment. � `
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