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<br /> ' , •paymeots may t�o lanaer he nqui�ed,�t ibe apdoa of Leader.if murtga�e insa�aoe coveragi{in tde amouat aod fa the period
<br /> t6�t f.eader tequires)Oro„ided by m iasuca approved by l�eder sgain beoao�es avaiWrie�aad is oMsitiod.8amavrer�lall pn►
<br /> tlre p�miums m�uired w n�i�win mxtp�e inwiaooG in effxt,c�r w p�vicSe�a lbss erserve.until thc mlui�for mo�t{� .
<br /> � , inwrance eeds ie t�oco�dsnetwith aeq written agroemeht betwaa Bortower an�l l.ende�or applicable law. .
<br /> ` . !.Yo�edioR.Lpdet or its agent tmy m�ke reiwn�ble entties uFon ahd ins�x�ctions of the Propeny. [�ender sh�li giva�
<br /> garowet ootict at the dme of or prior to an inspection spxifyin�c�essanbic cause for tAe inspectinn. ;
<br /> — � � 1�;Corderptio�.The pmoxds of any awitd or dum for d�ge�,di�t or consoqurntiai. in connectiort witb aey
<br /> _ � __._._ .� ooed�t�ot aliu�1�a8 of�nY pus o[the Prope�ty,nr for c�n+reyance in lieu ut'��an,are Aenby usiBnad�
<br /> --- ---- ���tattnder. ; --- — — -- - -- —_ -------- -- -_- - -
<br /> Ia t6e eveat of s tafal talcing of the P�operiy.the ptnceeds sba11 ix apptial to the sums secured by this Security ItrarttmeM.
<br /> -- . wlkther ar not tlKa cWc,with any•exass paid to.Bormwer. In tlfe tvau of a putial taking of the Froperty in which ihe fair
<br />"= mvret v�ine of the Property immedi�oetg befo�d�e qting is equat to or grater t1m the amount of the sums secureA by this
<br /> Saairiry Insmtrneut immediat�ctY Uefnt�e tt�e talang,unless Bomower and L.endtr otfi�wise agcoe in writiag,the sums secured by
<br /> [his 5enuity taammeae st�all be redocxd by ihe amonn�uf tbe prooeed4 mWriplied 6y the follawing fi�ctioa: (a) �tie taal .
<br /> - �mouct of the saras sccazed immediaEeiy 6efoce the tainng,dividcd by(b)the fair market vatue of the Pcopaty immedi�telY
<br /> - before the talm�g. Aay baianoe s6alt be paid to Borrower.In tha eveat of a partiai taking of the Pmperty in which the fais �
<br /> - muYet v�tue of the Pmpecly imm�odiaoely 6eface the tatring is less t�a tbe amo�nt of the sams seeurod imzr�d"iately hefoie Bie
<br /> ' �-r �- � - talciag,unless Bortowa aod.Isoder otT�wise ag�tie in wr�tia8 ar unkss appliea6le t�vr otherwise pr�ovides,the pcoeeeds s6ili ' —
<br /> �:�`�i be�pplied w tt�e su�as sau:od 6y this,Seauiry L�uument wix�er oi not the sums ace then due. �_--
<br /> If t6e Propertyi is a6�adoned by Botmwer.or it.aftet notice bp�.eMer to Barmwer that the rnndemnor offers to lnate ao, --___-
<br /> ,.-y z. aWUd or settk s claim for damages,Horinwe�fa7s W respo�to l.ender withip 30 days after the due tlie aotice is giveu, '-��=-"'--"==
<br />... .. F:.�•; " Leade�is�whoci�ed to an11oR aad applg d�e Pm�oeds�at its option,either to t�eswr.uion or repair af the P�ik oi to ttx sums ��_:'"_
<br /> savnd by this Securiry Instn�ment,w6et�ec or not tha�dae. ��' =
<br /> �'�" ` [Tnles�F:eader and Borrower oti�:se 9grec ia writin8. wy aFPlicatioa of pmcxeds to pmuipai shaU not eate�d af �i`Y=�._
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<br /> �f�' post�ane t�ae�ue date of ti�e monthig par�-�eacs refernd to in��s 1 and�or change the�tmcxmt of such paymeac�- ,`� �-: .-
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<br /> . �� -�.,,•.-., I1:.Eon�a�rer Not Rda�ed;Fu�e�nranoe By Lenda Nat a W�a.F.xtension of tbe time far payment or modific�tia� �•" •;j;;r<v
<br /> ` '...., . •,txf�of ihe sums sewied��sss Secudry Iasavment graated by Lead�¢o za�.saccessor ia interest of Borrower shall , f�, '
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<br /> f �t�,=�;± � , ,�aai ogc�z�a.release the liability of a�a��aii�nal Borrower or Borcowe;'s successars i�s�:..�-Lender shall not be requined to ''�
<br /> •'�r�'� .. �' ' in s ast an suc�ss.?r in interest or�+efuse ta eatead,time.fnr payment��cotherwise modify amo�on . ,
<br /> . �-:r�, , coa�.�rueeecl' S � Y ,
<br /> .��.}: �� t� �� �e,jj��" �:of�s�s�ured by:t�is Seca�fg�nstrument by rqson of aay�de�made fiY t�°a�gnal Sormwer or BormR�s ` _--
<br /> , �;y�1 ,r�`�,L . .� �"�cxessors in iat.�_Azi�-f�,by Lender in exereisi a ar r�mb,{,.�shh�n�t�a w�cer o€ctrt1reciade ti�e :%•:
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<br /> `f.���#'�t,�i�"r,t.:�� 12. S�'s and A�as Bd�dsd;Joiat and Several I.i�;Ca-si�eess Tdie c�"v�ts and"agreemena af ttus ��<< r,':. _-
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<br /> ,;:;,.��;-:::�;;.�., S a urity I n s t m m e n c s h a l l l s i r s d a n d 6 e�f t t h e s u c c e s s o r s a n d a s s i g i�s a f L e n d e r a n d B o r r a r r�s u b j e c t t o t h e p r o v i s i o a s u =
<br /> �y au V
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<br /> puag�h t'�.•�3orrawer s covenants and agreements shall be joim•and several. Any Borra�cYr who co-signs this Socurity
<br /> � ::'�%�:;•` s' . . Iastt�ment but does not execnte tfie Note: (a)is co-signing this Securtty Insttument only to mortgage,grant and cunvey that .. -"��'_=
<br /> ` ��,.- . � Borrower`s interest in ttte Property under the tennc of thjs Seca�rity Instnime�tt;(b)is not personally obligatal to pay the sums ,"`
<br /> , .` "-'' ��•` savrod by this Securiry Instrument;and(c)agrees th$t Lender and any othec Borrower may agnee to extend,modify,f0111Cat Of ��,_�,. =
<br /> � •. �"�.
<br /> •. : ,. - � m�lco any accommodations witt�regard to the tcrms of this Sccuriry Instrument or the Nnte without that Eorrower's consent. � . s�:'�-
<br /> � ; 13. 1.oan Charges.If the loan secured by tfiis Security Instrument is subject to a law which sets maximum laan charges, • � , : , ' •
<br /> � _ "'� and th�t law is finally interpreted so that the interest or other toan charges collected or to be wllected in cunt�ection with the F =
<br /> , ' -- - ". loan exceeA the pecinitted limits.then: (a)any such loan charge shall bc reduced by the amount necessary to reduce ihe charge j' ' .. _
<br /> :�-"".''.. - "` to the pemutted limi�and(b)any sums already coltected from Borrower which exceeded permitted limlts will be refunded to j � `-
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<br /> �orrower. I.ender may choase to make this refund by redueing the principal owed under the Nae ar by malcing a direct k .'� ��:•::{
<br /> :'�' ;;. . . ` .•. .
<br /> � '��,;:;;, payment ta Borrower. If a refund roduces principal. the reducaion will be treated as a ial r ment without �
<br /> �#�, , P� P�Y �Y � i+�
<br /> . �r:;:t>:� F�PaS�=��arge ander the Note. p ;���;';;�." '
<br /> .,;.s: 1':�;'-`•�',. • 1` o :;ir .
<br /> •.��� 14:l�atias.Any notice to Borrawer provided for in this 5ecuri3y InstrumenE shall be o�en by delfvering it or by mailing ,':;,.�,,:.:..:
<br /> " " :t:i::'::�•;�,:..;. ,t;r�.,.
<br /> � � �'�,".� :�.�,.•.••<,:-�• it by first c?ass mail unless applicablc law rcquires use of another mc,thod.The notice shall be directed to the Property Address t•;;.••�,
<br /> '.s}'�s,j;�;j;i°;';�;;fr,�. ' � or any or,�cs address Borrower designates by notice ta l.endec. A�•noti;.e to�,ender sh.�i be given by first class mail to ,��'., .. .;�:,'�`;;�=`"
<br /> ::r�;,:t,�� �;�; ,:, Lender's addre�ss stated herein or any asher address Lcnder designasea 3�y�atise io Borrower, Ar.p notice provided for in thiy ,,,���� ,�`� ��
<br /> • ' '�'' Security Inst�:ment sha`!bc d�c�s tsave bcen given ta Borrowwr or t,c�f�r wlien g"sver,as >avided in this ara 'S.�� � •�'.�;�t
<br /> _ �:�;',,`.;,, � . P• P S�P�• �.i:�;' , a...
<br /> �.•.'.s=.�� . . 15. Governi�I.�;Se�erabifit�. This Securlty lastrumcnt shall be gaverned by' f�fcral !aw and the law of the . .
<br /> � -'��'� °. . jurisdietion in which�e.�c�e:ty 3�lxated, ln the event that any provision or ctause o€t';is Secnrity insttument or the Note � �
<br /> . :;;��,,:,. confllets with applicabte?aR�.s;:c;��r.5�ect sha11 not affect other provisions af this Security ic:�arument or the Note which ran be � ' ;`;:;:
<br /> +• ' `�,-}:'��`, given ef�;.�a•ithout the coaftiain��:e�7sion.To this end the pzc�e;s;�ys of this Sccurity Izs�ment and the Note are de�`.�.ed ° '
<br /> � .,i.
<br />,,;; _ _:. -.'•,;ir::` .' to be sevc-�c�`s;e. • , . , .. .
<br /> . ' � 1�.�orrowtr's��.�^rc���'4ha1!bc givcn nnc ronforrcr..�aep}c�the��te and of s2�isSecurity I¢.�xr�ment.
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