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<br /> paytn�i�may c�a lostger tre ry-uimd,at the option of I.ender,if ntartgage icu�ur°.nce coverage{in tiie a�►uat and for the periafl ���
<br /> that Y.etidQr r�quira>provided by sn insurcr approved by Lender again tseooxues available and is obtained. Bormwev shalt pay ��
<br /> a � the�r��.miums requimd to mainutin mQrtga3e insnr.m�in effect,or ea provide a loss res�nre,unvl the reqwrement far mort��e
<br /> �. insw�tce cads in Eaxi:dai:ce�*�ith any wrftta►�.�nt bei�*reen Barro�ve:and Lender or appiirable fa�v. ��
<br /> • 9.Lesg�tgen. Lcader or it��ent atay make re�onable entries u�an and'enspeetions of the Property. Lender shnll give
<br /> - Borrawet aotice wi the time of or prior to an inspzctiun specifying reasonable ca�se for ehe insgeaion. �:``
<br /> 10. CondeannatIan. The pro�eds of any a�vard or claim for damages,dir�ct or conseqi�enti�l, in oonnectiop with any
<br /> �� t�ndemnat;on or�th2r ta{dng of any p3rt of the Progerty,or for mnveyance in lieu of condemnatian,are hereby�ssigned astd ��-
<br /> shall6e paid to Lender. �;';;
<br /> In the event of a total taking of Yhe Froperty,the pmaeeds shal!tae applied to the sums secured by this Security Instnunent. �:��:
<br /> whetker or not then due, with any excPSS paid to Borro�ver. In ttte event of a partiai taking of the Praperty in which tbe fair ' ��-'
<br /> market value of the Property immediately befmre the taicing is equtil to or greater tEan ehe amount of the sumg secured by this _
<br /> Security lnsuvment immediately before the taking,unless Eorrower and L.�der oth��rvise agrze ir,writing,the sucns sec�red by «'�-'=
<br /> this Security Insmiment sh�ll be r��uced by the amount oP the prooeeds maltiplied by the follawing fracrion: (a) tha totat ��`�-`
<br /> amount of the sums secuced immed'natcly Before tke ta�ing. divided by(b)thc fair msrYet vatue of the Property immediateiy �`�t--
<br /> befare thc takin�. Aay balanc�shall be paid to Bortocver_ In the event of a partial taldng of the Peoperty in wtsich the fair --
<br /> ` marlcet valae af the Property immed'sately before the raking is less than the amount.of the sums secw�d immediately before the ��;_T_:
<br /> talcing,unless Borrower and Lender other�vise agcce in writing or ureless applicable law otherwise provides.the ptuceeds sdall - _
<br /> be applied to th�sums secw�i by this Security Insw�neai wheth�r or uot the sums are then due. ��;_�
<br /> If the Pmparty is aS�andoned by Borrower.or if,ati�aotice by L.ender to Borrower Wat the condemnor offers to maLe an ���.�
<br /> - award or seu1�s.�aim for damages. Borrower fails to respond to L.ender within 30 days after the date the notice is give.n. "
<br /> l.ender is suthori�i to eolled and apply the prooceds.ai iu oprion,�tfier to restoiadon or repair of the Praperty or to the� �`l
<br /> s9cured by this Seauity Instrmneat.a+hedter or aot then due. �,;
<br /> Unless Lender and Barrower otheiwise agree in cv��ng, any applicadon �IF r�•roceeds to principal shall not extend or ��
<br /> postpone the dae date of ilia�onthty paymQnts refeire�o�in paragrapT�s 1 and 2 as�ad�ae the amount of such payments. ' :��.
<br /> ,. ' 11.Sarmsoer Not�€�SSed;Forbra�aace Bp F.endsr Not u Watver.Extec�iva of the tun�for payment or modi�cation `
<br /> of amorti7ation of the sums s��d by tfds Security Imbumeat grante.�l by ixnder to any succe,ss�.�-in±nterest of Romawer shAfi_ ��
<br /> not operate to reiease the lia§eiirty of ttie original Borrou er ar Beaower's suocesso�s in interest.Lender shall aai be required to �,;•
<br /> ,,, �qammence pmceedings against aay successor in interest a�refuse to extead time fur payment or oWerwise mr�iCy amortization ��•
<br />� �,°the sums seaued by this Securiry IastNment tiy �son of any demand made by the original Bomuwer ar Borroaer's .
<br /> , successors in imerest. My forbearance by Lender in exercising any right or remedy shall not be a waiver of or p�clude�. _
<br /> .. exercise of any right or remedy. . '
<br /> IZ. Snme�so�uud A�igos Bo��;Joint uuc�Severa! Ljability; Grsi�ets. 'ILe covenants and agrecme�s of�s
<br />':4;• : '5esurity Inmusnent sh�:i�'tr.d and benefit the succes.�s and assigns of Lea�der,,.nd Borrower. subjecx to the pravisIons of �'
<br /> %�s�'�'. : . .,�aragaph 17. �orrower"::Fa�renants end agreemen�s�all be joim and sever.F1.-�ay �orrower who �o-si�as tLis S�surity+ +;;
<br /> ;;:f`i: �uument but does not exrsc�.►te ttie Note: (a) is oo-sigaing tlus Security ►����_�only to mortguge.grant and oonvey shnt '�.'.���n
<br />�-=`=` Borrowar's interest in the Praperty andcfi.tir�tcrms of this Securiry Ins�rmmen�{�3't 3s not persa�lly obligated to pny the suaz� �r,`
<br /> -�: .•_rx�:;:;
<br />�-s��x . �umd by WIa Secarity Instrument:and�(�t agrees that Le,nder eud ar�a a�her�;���muy a�tb extend,modify,forb��c ---
<br /> ;::•� `:�.�s�u�e any accommod�tions with tegazr!to t&�temos e�iiv�Sea��tyLtt�uir.e�t art3�r_L��cte withunt thut Borrowet's oonsenL �•;P���
<br /> : ii 13.LoAn Chucgc�s.If the loan s�red by this's�nesisy Iasavment is sabj��n a law whfch seis msa�imum toan charges. �-
<br /> anct that law is SnAUy interpretee so Wat sh:i�tereai:�ac s�er loan c�arges coilected or to be wllected in cannection witb the �.
<br /> •s• l�aa exce�the peimitted limits.then:(�k�any s«�,'a:�d�rge sU:ili f�e seduoed by the amount neoessary to reduce the�t�go �
<br /> i':. w the permitted timit;and(b)any sums:9J7s:R�';t^.�Flt��d fi0m�O:�TadEi wlliCh exCeeded permittCd IiIIlite wll�bC fEfUildOd t0 ��-
<br /> � �' BoYrower. Leader may ehoose to make t�ki.s t�r:f'�: t� reducing the pric�cipal �¢:x�ed under the Note or by matcing a dim.et �
<br /> .{ payment to Borrower. If a refund reduc�n��`�ga'i• the reductian w�U 6e��� as a P�� P�Y�t wlthoat any �:
<br />' ' P�YIDent chmge under the Note. �
<br /> °�•.,' 14.Nai�:ct9.Any notice to Bnn�;.��ovided for in this Scau11!E 15�sawnr�2 shall be giv�x F,gr delivtring it or by mailiQg —
<br /> ';;; it by fust cl�cs mail unless applica6le la�sequims use of azwther cn�-l1nr�.T6e noticti shaU be direcied to the I'roperty Add��
<br /> .::'i: or aay other address Bom�wer designates by notice to I.ender. Aay notice ta L�ader shall be givea by fit�t cla5s m131 to ,_�;<t:��
<br /> Lender's address stated bemin or any other eddnss F..�aniet designat�:by norice to Ho�zawer.Any�ot�oe pmvided for in this '"'m"`:�
<br /> � Securi Insuument shall be deemod co Mve been v�s•ps Borrower ar l.ender when 'vea as vided in this h ����'
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<br /> "•.,�; 15.�ertsr�tng l.aw; Seo�abitity. 7bis Secucs.t;r�Instr�ment shall be govemed by fedeiul law and the Iaw of We
<br /> : J jurisdictiott i.���+tuch the Property is tocated.In dte��nt that any provision or elause of tlus Security Iasvument or ti�Nou . __
<br /> oonflieu with eppllcable law.such contltct shall i�ot:,�Ct ather provisions af thLs.Se�urity Instrument or the Nate whicb r�o be �, ;: °
<br /> given effect withaut the�cr�.ticting pmvi�ion.Tio tf���end the pmvisions of this�rity Instrument and the Note are dec1� � �r�����•-._
<br /> `;F.: tn be severnble. ,�::� _
<br /> ,_.'(., i�.Ba�owe�s Cupy.�uuaocver�frail 6e given oae conformed copy of the Note und oi ihi�Securiry Instlutnent.
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