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<br /> at tbn u�tl���ti uP L.cnder, it mort�a�e in:urance coveet�g^ (ia ehe n�nount and Qar the pceiod thnt l.ender rcquirea) M`
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<br /> providt;d by an in�urer nppro��ed by Lender egai.n becomea nvnilaS�le�nd ie ootninecl.Aorrower ahnll pay the premiume
<br /> required to malntein mUrtgago ineurence in eifect, ar to provtde u las� reserve, until the requir�rnont far moztgege _
<br /> innurance endo in sccardenco with any writun ngreoment betwan Borrower and Lender or appli�:ablo law. � `
<br /> 9.Inepection.l.ondor or ite e�ent may mske reahonable entries upoti nnd inepe+ct�one of tho Property.l.ender shnll _
<br /> givo F�orrowor n�ttre et the ttme oT or prior ta an inispection spa:itying reRSOnnblo cauwo tar the inspection. �
<br /> I0. CQA6�Cff,1!3AtLC+A.Tho proceeds oF a�Y o!the Prolart tor[ar con�voyRnce In lieu ot condomn�t on,ero her iby �r�
<br /> any condems�ntt�n or u�thar taking ai nny p P� 9� ���
<br /> nnsignad��nld ahnll Ua pai�t�I.ender. �'.
<br /> 1�1 tl�c avont of� t�tnl tnking of the Propsrty, the proceede ehaU be applled ta the sums secured by thie Security _
<br /> Itlptk I1l'11PAL,wbsthnr ur aat.tlian duv.with sny vxcesa paid to BorrowGr,In the event of a pertiel.teking of the d�roperty in —
<br /> whtch th�tnir. m.atkat vnlue of the PmpertY immediately before the ta�king ia equ�l ta or greater then the amovnt ot the
<br /> sun�a secur�°d hy tSua 3r,curity Instrument immediately before tho te.king. unlesa Barroalcr nnd Lender othcrwiso sgrce 6
<br /> in wrisinQ,the sume secured by this Security Instrum�nt ehall be reduced by tha amaunt ot th::proceeds multiplied by
<br /> tl�a f�lt�n�vi�t�teaction:(a)the total amaunt of the sums secured immedtately beiore the taking,divided by(b)the fair
<br /> en.;trkr�t voluc�of the Praperty immedietoly bcfare tho taking.Any balance ehall be paid to Borrowcr.In thp event of a
<br /> �scts.al t��lcii7n af the Property in which the feir merket value o4 the Property immediatcly b�:iore thc taki�g ia(csy thnn
<br /> ttn►►amount af t.�e�ums securod immediatoly brtare tho ukic�g,ualess BarrovJCr and I,end.r ot@�arwise agcee in wciting
<br /> er u�tlaea ar,�iicn'blo isN otheswiee provides, the proceeds shall be applied to the sums �ecured by this SecuriLy
<br /> Ir;c�t�tument�ih�thar or�ot tha�ums nre thon due. .
<br /> II'1 the Property ia at�a�ilonEd by Borrower. or if,after notice by Lend:r te�lionower that the condemnor offer�40
<br /> m�rtl an awerd or settla a cluim for darnages, Bormwer tails to respond to T.ender within 30 days etter tho date tha
<br /> notice ie given,Lender ie authorized to co�lxt end epply the proceeds,nt its opYion,cither w restoration or repeir oi tho
<br /> Pio��ty or to'�.hc sums s�ur�i by ihis Security Inr;crnment,whather or not then duo.
<br /> Unless I.e�irl�er and&�nower otheanvisa agree i�wciting,any applicatiou of proceeds to principsl si�all not extend or
<br /> postpnno tho du� date� of the monthly payments referrod to in paragraphe 1 and 2 or changa tha amount�f euch
<br /> �nYanente.
<br /> I1, Borr�wer Not Relessed; Forbearance Hy I.ander Not a Waiver. Extension ni the time ior payment or
<br /> modification vP amortizntion of tho sume securai by this Security Ynstrument granted by Lendar to any sucecssor in
<br /> intereat of Busrower ehall not operata w release the liability oi tlhe originul Bonower or Horrowar's successors in
<br /> intcreat. Lendar ehall not be required to comanence procoodings ngainst eny successor in intere$t or refuso to extend
<br /> timo ior peyinoui c„�tr,c:a:�m�lif;emor+.�2at'+.�n of the sum�seonred by:�iis�xcurity Instrument by reason ot nny
<br /> demend mnde by tha original '.Borrower or Banower e euccessore in interest. �My Yorbearence by Lettder in eiercising
<br /> any right or raraedy ahall not bo e weiver of or proclude tho axexcise of any right or remedy.
<br /> l2. Su�cc�ssare aad AASline Bound;Joint aad Several Lisbillty;Cwsitnera.��'h-c�venents and agreements
<br /> oi this Socurity E�strument shell bind enc] b'+netit the successors and nsaigne of r.ender and Idorrower.subject to 4he
<br /> provisions af parngraph 17.Borrower's covenants and agreements ehall ba�Oint and several.Any Bormwer aho co-eigns
<br /> t�.is Security Instrumcnt but does not exocute the Note: (a) is co-signing ttue Security Instrurnent only to martgage,
<br /> grant and cor�vay thnt Bonowcr'e intereat in the Psoperty under the terms of thi� Secarity Instrument; (b) is not
<br /> . pereone!ly oh19gaud to pny the sums exured by this Security Instrument;nnd (c) egrees that L,ender und any othor
<br /> Borrovrer may agrte to oxtend,modify,forbear or mnke nny accornmaletionn with rGgard to the urms of this Secucity
<br /> Instrument or tho Note withaut that Borrower's consent.
<br /> 13. Lwa Chartes.Ef tt�t loan socural by thie Security Ic�tru�ent ie subject to n law whicA sete mesimum loan
<br /> cbarges, and thex law ie ien�lly interproted so thnt the interest or other losn chacges collocted or ta be collxted in
<br /> -- connection with ths loan eaca�d tho permittod limits. tAon: (n) any such toan charge shnll be reduced by tho amount
<br /> neGOS6ary tn rc�u�2 the chnrge to tha permitted limit; and (b) any sums elready collecte3 irom Borrower which
<br /> oxceedod portrxi8�ed limits will be rofunded to Borrower. Lender anay chooso to me�ke this rcivad by roducing the
<br /> principel owod under the Noto or by meking a direct payment to liorrower.If a rotund roduces Qrincipal,the coduction
<br /> will bo treated es a psrtiel prepaymetit without any prepayment charge under the iVou.
<br /> 14. Noticea.Any notice to Borrower providod for in thie Security Ittstrument ehell be given b�y deliv�e.ring it or by
<br /> mailing it by R�ret ciese msil unlesa epplicablo lew requircs uae of another method.Tho notice ehall be dire�ted to the
<br /> Property A&]sa��or any other nddr�se Bonower designates by not+ce to Lender.Any notico to Irnder ahell be given by
<br /> tiret cluss mail to Lr,r�der's eddrGSS otnted herein or any other ndd•ress I.ender design�te�hy natico to �lorrow,n.Any
<br /> no4lce provtded�or in ttiis Security Instcument ehall be doemed to have ban given to Borrnwor or Lomde.r when given
<br /> es provided in Zhis parugtaysh.
<br /> l5.Governin�I,ew;SeWer�bility.This Sxurity Instrunnent ehall be gavernod by federal law and tho law oi the
<br /> jurisdiction in which tlie Peoperty ie located.In the event Qhat nny provision or clause oi this Secur6ty Inatrument or the
<br /> Noto contiicte with applicable lnw,such conflict shell not aftect o4her provisions of thie Sa:urity Instrument or the Note
<br /> wluch cari bo given eifect withaut tho conilicting provision.7o this end tho provisions ot this Sxutity Iastrument and
<br /> - tha Note ere declnred to be�severablo.
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