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<br /> - - �tym�s se�y`no lo�er be c�equitod.`at th optian vf i.tndet,if mort8s�e insu�aece coverage fu►�amotmt aod fot t4e perFod._
<br /> d�t Lrnder iequ�trs?I�rny��ed�►ao u�suter appmved by.Lender ag,�in baomes svaiTaAk aod is obtained:Horra�rer sl�py.
<br /> ' `�`t5e prentiums t�equired to mainni�aiaitgagt i�in et�'eet.or w p►vvWs s loss cesecvc.unil the requi��fa taatg�
<br /> ' " ��y�y���y���M bet�;eta Botsow�r a�d i�ier or applicable Iaw. =
<br /> !It�ectio�e.Ltadet ot its agart mag m�ke reason�bie e�es apon aud iaspoctians of t6e Pmperty.T.ender shail give
<br /> �onuwar nocice at tbe t�e of or prior to an i�ioa spxifYinB�n�ble c�ause far tbe inspoction. , � ,
<br /> . tY.Ca�de�Mtoo..lUcprabeds of.aoy awaxd:ns ct�im far dam�ges.dl�cc.or,00nsa�utntial.in oo�natian with a�i . .
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<br /> - -° —.—.�:--- •-- - .or fc�r ia_tieuof co
<br /> ooadetmq6o�"arothe�`-t�tcasgo€�aap.�-PruAertY e��ey� n�c�wation.a�el�eteby_asssSAed----- —
<br /> : ' s6ali be ptid to l.endec.
<br /> [n dk evenc of a tataf taking of 11k Pcoperty,.th�p�ac�eds shall be applied to tbe sums secund by this Secarity(nmua�ent,
<br /> — � whether or not tbeu due,witb aaY excess pai�to Hormwcr: in the event of a prattiat takinK,fl€the Pr'°PenY�n which the fair
<br /> aur(�t vatne o�tbe.Property iromMi�t�ly befac�e the taTdng�s eqaat[o or gmter than the artwune of.t6e sums securod by this
<br /> - � -Securitg�asitn�zrent i�nodiatdy Ixfoce We t�ici�.unk&s Bornnwer�ad I�c othe�wise aSroe irt M�riting.the sairis sec.vred by _
<br /> _ , this Securit}?It�hume�rt.sbaU be raduced 6y�tbe amw�of�I�e pmceeds muhiplied by,the fotWvring fr�ctioii (a)tix wtat
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<br />— au�oiu�t af.the:sua�secun�imaxdiaWy befo�e dse takia8-divided by(�)the t'aur market�alue at.tlk PropeKy imu�ediatety,
<br /> befax the tating.AnS►,batat�ca s4aq 6G paid•ta Barrowa..In•the�vent of a pattial tafcing.of the Prapett�in vvl�ich the f�is.
<br />= marlcet vatae of the Propertg�lY befa�the talring is tess dpn the amount of ibe snms secured iimmedi�elY 6efore tLe .
<br /> . - � taking.;paless.Bomnwer and I.endet_ot�e�wise ag�ee ia:wriW�B oc untess applicable faw otherwise pmvides.the ptaccecis shall ---
<br /> 6¢applid!to the sums sec�u�S�Y,this Savrity Jnstct►ment whetl�cr or not the sums are tha�due_ __
<br />-- if.the PmDeceY.is abaada+ne��jt.Baimv�er:ac if.after aotice by Lender to Bormwer that tlse eundemnor offe�s w make an ____—
<br /> awaed ar settIc a claiim for dwsa�s.Baamae�.Fa�7s w respond to Lender withia 3Q daya a8er tbe date the rotice is giveu, . _---
<br />:.��-.;; Lender is authorized to cellect aad appI�r t�e p��.a�i�s option.either to r�storation or repair of the Pcoperty or to t b e s�s ' �_-
<br /> secvnd by this Socurity I�nl.whe�her or not•ti�dne. ' � � Y==
<br /> �`.:.�, Unless l.ender and.Barrower othenvise agrec•in•writing.anY apPhcation of proceeds to pcincipat.�talk.rnot eatead or =
<br />;,:%'':;, -- l�ostpnne the due date of tL�monthlY PaYmeMs referred to in pauagraphs t and 2 or change the amount of sudi.p a y t n e nts. �'"-_—
<br /> �:�%;:`: .?= 11.Bo�torcec NoE Setcasal:Forbatraace By La�des Not a Ws4ira.Extension of the time for paymeitt or modification ,���:::,:__
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<br /> � : -_ �"oF�amortization af t�e setti�zacarod bp ihis Savdty Instrumtt►t grantod by i.endgr to any successnr in ituetest of$orrower shall , ��.�
<br /> � ;,�-:` not operate to release�#S;�.�iility of the original Bonns�er or Bomawer's sucsessvis in interest:Lender sha[L IIot be required to = _"`�
<br /> : - cor�unence pmceedings:a�st airy saccessor in interest or refuse to extend time�c���aymen�oc athecwise modiFy amorii7ation -_��; .
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<br /> ` ,.�`��`,.-, af the sums secured by this Security Los�tcument by reazon af any demand ma��Y the•a�al Borrower or Hoirower's i •.. . _
<br /> suc.cessors in intecest. A�r forbearance 6g�der in eaercising any right or recnody:s'.�IL'��c?a,'�waiver of or prectude the �_.._,�:�,�„
<br /> _ ezarcise of any right ot r�xly. � .- "� ' � .'
<br /> . �, 12. Saeasso�s ari�:��s18as Bound;Jotnt a��r�al Liability, Co si�rs• Tf�e ce�.�enants at�d:a�Cnts of tfus . t T=
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<br /> i _ Sacatity lnsttument 5�G�c! and benefit the sticctss�and assi�ts of i.endec and Borrower.subject uu ttse�,�rovisions of. „�i,-
<br /> ,s.s� .; �paragraph�t�.�8orrowea'`s covenants and agreements sl;ai� be jos�`.s and several. Any Bonawer who co-si;tis ihis S�cuii�i' : 's :-
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<br /> ���� ,..• lnstrumert b�dctes naa execvte the Noce; (a)is eo-sig�ing this 6ec�srity Instru�nent only to mortgage.grant and oonvey��� _
<br /> *�r,�-r_.��'�^ ':� " Boaower's i�ierest in th:�roperty under the terms of this Securit�Fr�rumenr.(b)is not petsonally obligated to pay the s.a,'r:s'. '��^°'g ; �=
<br /> ��._;:'.`� secured by this Security�in.�nmx.�nt;and(c>agrees that Lender and auy d[her Ba."trx�+er may agrec to extend.modify.forhear or �:_•
<br /> �• ���'�T"•v make any accommadatiacs k�regard to the tertns of tt�is Sccurity Instrument cer�liote without that Borrower's co�sent.
<br /> ''.:.�;�� .,•:, ` 13.I.aa�n Charges.6�th:,ta�aa 5�cce,i by this Security Instre,�-�ent is sub;e:.ta a!aw wtuch sets maximum loan char�es. - . .
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<br /> ° '��- �.;�:y�; and that faw is finaUy inteapreted sa e�ae C�•interest or ather loa.z:�arges ca11e��oF tcs b��t�rxted in connection wit'�the . -
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<br /> 'a„r _.." � IpatlOxpCCd tI1C pEnAltf�e!�`ifs.then:gay any such tc�an charge�han.6e reduced by the a.�r.a.�-'�r�.sarY ta re�x the charge
<br /> "_ 'a , •;o the pemutted limit:a*,ad d_b?any sum.ti already ca:�o�fram Borrower which e��eedec!per.��:t�d lim:s:v�ilCtie refunded to `
<br /> ' ' Borrower. l.ender ma} ,ci�:�s to make this refund'by"reducing the principat ci�;a�under the Note ar.t'�:�.�...;icing a direct �-.
<br /> . :.:��'r'�4'L. .. '• '.payment .to $oriower. �i;:� sefund reduces principal. the reductian will be�'� as a partial pre��:g�.�,without any � -.
<br /> - -. ,�'° PrepaYm�tct�acge under t�e Notc. '•,• � -..
<br /> '. `' �`�;� •. . .
<br /> 14.ti�.Any d4�se to Borrawer pravidcd far in this Serurity(nstrument shatl be gi��i lsy deliveri:rt��r��r b;�rr;ail��r.
<br /> � �'� � it by first class mail ar�es�a�plicable!aw requirev use af anrnher mcthod.'f'he netice shall be directed to the Frapert4�d:�s .
<br /> • or any other address B��aer designates by notice to Lender. Any notic�E•:�Lender shall 6e given b�`r.�_-s��i�?:.to •
<br /> Lender's addtess stated�'r.��or any ather address Lender designates by not:t.���Borrowcr. Any natice pnr�",r�;�},�6s:�,��,i�is ,• -
<br /> '` `� � Security Irxc,rnment sha11 be decined ta liavc becn given ta Borrawcr or Lender tc:nen ivcn as ravided in this:,,:r�.,�� _
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<br /> 15.Governieg i,�w� 5evera6�'lit3�r This Security Instrutn..�[t. shall be govemed by federal law znii.�i.� .,.�+;:��fhe
<br /> ''��`� '" judsdiction in which tt��raperty is tocated. M the event tha�an4'�rovision or ctause of this Security Inaraar�nt or the NQte
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<br /> � .. ',-:�,. conflicfs with applicnbte[as�.such canflici shall not affect��ther provisions of tlii:;Sccurity lnstrumem or tlig'�4�e which can be .
<br /> �' � .___' _ given effect withaut thc cunflicting provi�ian.Ta this end the pmvi>ien.of tt:i:.��cerity instrument t�nJ tfie tiote are declared
<br /> ���Y..t:'^' ' .. � � �
<br /> , ' ' ta be severable. •
<br /> � ~���r���:%�'�;'��� 16.Borrower's Copy.8orrowcr�hall bc givcn�mc conforinc�c��py af thc�iote and nt this Scrurity lnstrumcnt.
<br /> . ';.�f.-..• , fnrm3028 9190
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