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<br /> �- ,°s= • ft� ma no toa be wred.at the tion of ixader.iY mort insasanoe oovecage(in the amaam and for the periad �°•=
<br /> ���_;.,�.,�°._::..; PaY� Y Ser reil aP �� °�``-:;
<br /> � �. # . ;� �- . dhat Lender requ�res)PmvIded by an insuner appmved by I.e�Wer again beoomes avaelable and is obtained. Borrower�ail pay -s``�
<br /> . .`�-� •.�_-° �r � •` the remiums t+�d to m�infain mort e insurmue in effect.or to rovide a loss reserve,unti!the requirement for mortgage . �u' "
<br /> « :•�:.,r.a :p„-, p reqtu gag P �a
<br /> �_. .�•i•. ., ..:��_�-;� insueaaoe eads ia acxorifance arith aay writtcn agreement betwew 8orrower and[e6der or applicabte taw. .`::�
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<br /> 4;R � . 9 insp�tort.lrz�er ur its ageat roay make reasonabte ermies upoa aad inspectioas of the ProPatY- Lender shai g�ve � �
<br /> Y _ ,E� �`S Bomower antice at the time of or prior w an inspecxioa specifying reasanable c�se for the inspcction. �`�,
<br /> � 10. Cond��tion. 71�e proceeds uf any award or claim far damages. di�ect or consequential, in oonnection with azry ,:{�=
<br /> �'- `.o � °�'`?'`� =' .
<br /> -- - oand�an or aiher talang of any part of the Property.w fos oonvtya�e in lieu of condemnarion.are hereby assigned and `,°-�-
<br /> `� = ° � � s�afl be pazd LO L.BRde[. �•�'
<br /> h `� ° 1n the event of a wtal takiisg of the Froperty.the pmoe�ds shall be apglied to the�swns secured by this Secvriiy lastrumert. , ��-�
<br /> �,;��"`F,�. wh�her or not then dne. wish any excess paid to Borrower. In the event af a partiai taking of tLe Property in which the fair �,y��:
<br /> - ,•`:�"�"��,`�:�`i market value of tl�ee Prope�ty immediately befo�+e the ta[cing is equal tq or g�eater tiran t6e amount of the sums sec�ued by this ��;.`:
<br /> �^ < Y,} 4 S•;� � SewritY It�strument immed�ateiy before We taking,unless Borrower aztd�eader otherwise agme in writing.the swns secured by �_
<br /> °
<br /> 4 �..:,. �rf :' this Sc�curity Insanmerit shaU be reduced by the azaount of the proceeds mnitip�ed by t6e Eollowing fraction: (a)tUe twa! �:
<br /> r� .:.
<br /> - ��� �, �.<�.�,;:�.:`` amount of the sums secur+ed iuunediately befare the ta&ing.divided by(b)the fair maTket value of the Property immediaicly ,�.�
<br /> ; -`:'�"<` 6efo�e the taking. My balance shali be paid so Bonowu. In the eveat of a partial taking of thee Praperty in w6ich tht f�r
<br /> -:�: �_4:1,_;kT».: ''-v- . _
<br /> �`�''`=�-`_:�°=:�;u�:.:5��:, market va[ae of the Pmperty,�ediately before the taking is tess than the amount of the sums secnred imm�diatety before the -
<br />_=.0',�� . .a C.`..... _�,
<br /> -.-.;.`f,,:'.�.'-,�-.•�< -. �ing�nmtess 8orrower and I�ender othetwise agree in writing or nntess applicabte law othe�rise pmvfdes,the procgeds shall ?;.�:•Y
<br /> � �� '_ be applied w the s�ms s�by t6is Security Iasvument whether ar not the sums aie then due. ..`:
<br /> °`�� � °� 4= ff the Property is abandoned by Bmmwer.or if,after norire by L�ender to Eorrower that the condemnor offecs to make an "`
<br /> -_�;:-,� , , �f•.,,:��
<br /> ='"'` {''t���'':>- award or s�tCe a claim for damages, Borrower fails to respond w I.ender arithin 30 Qays after the date the notice is given,
<br /> `� '� ��=�';�
<br /> .��.,.Q;.�: ,.a;,,�;,�:.,� Ieudec is authorized w colled artd apply the ps+nc�eds,at its optian,eitder to rrstoration or re,pair of the Pnoperty bs m the sams ' =
<br /> , ;. ,' ' s�ur�by this 5ecwrlty Iasuument.whether or not then dae. �.:�
<br /> � • ;4 � Uzttess Letider and Bomnwer otheiwise agrec iA wrhing, any spplicatian of proceeds to principal shalt nnt extend or
<br /> ;�-_°,'_-;'.°:';°:-;;,',�.,°:';:
<br />,,;;":� postpone the dae date of the mo�thty payaients referred w in paragrapt�s 1 aad 2 or change the amoant of s�ch payaients. °.;.�
<br /> •� �"}���� il.Borrawee Nmt t�eased;Farbearance B,q I.ender Not a Waiver.Sxtension of the time for payment or modification . 4j':�
<br /> :;..�:";-t;.: :�,� :`''.. of amort�tion af the sums secured by this Setaaitq Ins�gtatuead by Latder w any successor in interest of Barmwe+F shali `
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<br /> . <� ���!(�(�..: not operate w ret�e�a"se the liab�7ity of the original Borrower or Borrower's suocessors in Intecest.I ender shall rtat be iequired to .
<br /> _— _T:.i;���C'` �mmYMM���^^.�'O—�7 „��"
<br /> ; .� " sncoessor in inte�est or refuse to eate,nd time for paymcnt or otherwue modify.amort�ation � .�
<br /> ` � f''"` �� of the sums sec�red by this Security Iastrument by reason of aay demand madc by Ne original Bormwer or Borrower's °_�-
<br /> 4k,1- �: —
<br /> ; �,r`r «>���% :-i � succ�sson in interest. Airy forbearance by Lender in exercising any right or remedy shall not be a waiver of or preslade the
<br /> -� ...:..` i•,_.3G..� ' C7SP.IC[SEO�BA�/if$�1tOT1'@D1CdS/. Y .�-�,
<br /> ` ' t.• . ;` lZ. Suocessors and Astiigns Bound;Joi�end 3everal 13ability, Co-slSnere. The covenants and aareemems caf this �;
<br /> ' • -'•'`" ' Security TnsAUment shail bind and benefit the snc�essors and assigns of I.ender and Borrower.subject to the pmvis'stm4 of
<br /> -��'.E�::'� .-.::�:. n
<br />�Q`•`�.'-:�� _`. ..., paragtaph I7. Borrower's covenmits and agreemeats shatl be joint and severaf. My Borrower who oo-signs this Sea�Ity -
<br /> ,. :��:-; agtap
<br /> _+ ,��.... Iacuumeat bat daes not c�eeute the Note: (a) ia eo-signing this SecurIry Incuament onty w mortgage.gaat and eonvey tbat --- -
<br /> � Bosrowes's interest ia the Pmpeity ander the tern�s of this Secvrity Insuume�:(b)is not personaliy obligated w pay the s�s `s:
<br /> y. .1 , ` �; secured by t8is Secariry Ingtrartseat;and(c)agrees thai Lender and any other Borrower may agree to extend.modify,forbear or
<br /> " .:�.��J:�...', make any accommodadons wtth regard to the terms of this Sewrity Instrament or the Note arithout that Barrower's ooasent. .;<r:
<br /> ..'�.;:••� 4`x�_,:.:• " 13.Loan.C6arg�If the toan s�ured by this Security I�nstrument is subjed to a!aw wluch sets,ma�dmum loan cha�es, _�__•
<br /> _ _ ...1. ..�.�Yi.�dt�.: _-__-
<br /> �;`.'�.-:_;;;' :=�' and that law is fmally�fetpreted so tt�at the interest or other loan charges oolteaed or W be coflected'a�wanedion with We =__
<br /> � toar►exceed the permitted limits.then: ta)any such loan cbarge shall be reduced by the awount necessary"to reduee the cLatge �=
<br /> � , at�
<br /> �,�•Y, ��'� :, to the pem�itted iim�t;and(b)anY suras already collected from Bormwer which exoeeded permitt�i lunits wIU be iefunded W —
<br /> .-,.. ",��.�`..:�� B a s r o w e r. L e n d e r m a y e h o o s e t o m a k e t h i s r e f i m d b y r e d u c i n g t h e p ri n c i p a l a r w e d u M e r t h e N o t e o r b y m a k i n g a d i r e c t _ -
<br /> , � ._.
<br /> '•� .� {:.. .;,::,�._::_, _;, paYment w Borr4wer. if a refund reduces prjnclpal. the reducxion wili be ueated as a partial prcpaS+mem without atry _
<br /> `' `..='��. :: �' prepayment'ct�ge ander the Note.
<br />�°°•.,.�`;'���":,<;��"�":�;�.'. � 14.Nattce9.Any mdtice to Bomnw�r pmvided for in this Securlry Instmme�rt sha11 be given by delivedag It or by i�ling � ----
<br /> �`. - it by flrst class mail nnless applieabte!aw requires use of another me�od. Tfie notIce shall be directed w the Pmperty I�ddress
<br /> � ; � �` or any other address Borrower desigmtes by notice w I.ender. Any notice to Lea�der shall be given by first ctass ss�ail W �
<br /> .:.`:::: �'�''"�` Lender's addr�s stated ha�ein or any other address Leadez desi�es by noHoe to Borrower. Any notice pmvided for in this � _..,�:
<br /> � .: � ��,:,a z Security Insmiment sba�1 be deerned to dave been glven to Borrower or Leruler when given as pro�ded in this paragwph. � �°
<br /> � ��,... '• '!S.Governf� I1aw; SeverabIIdty. This Secudry Insuwnent shall be govemed by federal taw and Ihe Iaw of the ��,
<br /> �'�.::'._ :_'-- �::: �.�.,,.
<br /> .°'`�t ::;�'�' ;':'��'°�-: jarisNctian fn which the Propeny is tocated. In the event that acry provisia»or claase of this SeWrlty�nshnment ar the Nate
<br /> .,..�,.�.:...,,.:�...,.:: ..
<br /> `' � � :;,�.:;: ronfllcts with applicabie taw,such oonflict shall.not affect other provlsions of this Seaulty Instrument or the Nota wh4ch c�a be �•M
<br /> ��''�-<`�� ��,''.` ' $iven effect wlthout tha conflicting pravislon.To this end the pmvislonv of this Securtty Instrumeru and the Note are�decim�d �-
<br /> `.`;.;` �- -� � tobesevesable. . . . °`�°'�
<br /> . -. :.:.,:.:.�:��; -,,
<br /> ,:•;,';;,�•�;. .�—t`.�.�—`': ..� 16.Bormwes's�opy.Boaaa+er shall be given one canformed copy of tho Note and of this Security lnstrumeat. � �;s`,;
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