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<br /> .1 psyment�niay no longer be rcq�ils�d.at�l�c option of Lcr�dcr,if ruo�a�c insurance c�vcrn�c(in thc�ount n:�c1 for thc perind I
<br /> � thal Lenc�cr rr,�aiaiE'e.v)�mvided by an insurcr apTroved by L.endcr ugnln beco,nc.9 avnilable nnd is obutlned.Horrowcr Ahall pay the
<br /> ":1 ptemlums ru�ulr�.cl W mrintnln mortgago insurartca in otEcct, ar co ��uvide n fa:�resc�:., un�t thc r;,�vlrem;.nt fQr mon�aam
<br /> insurannce encls�in nccardnnce wf�h anY wdtten agreauent betwe.en Barrowa;r and I.endcr or applteablo law.
<br /> t q,Inepect{on. L,cnder or tts aBcm maY mu1�o r�asonAbic ca�uks upon and inspecdons of tha P�roperty. Lcndcr shall gfva
<br /> I3arrower nuUca at tho dmo of er pdor to an inspecdan epoclfying rensona6la cuusa for tho inspectian.
<br /> -'�C 10.Cocdrmnath�a. Tl►o prococds of any eward ur clalr�i Co� dain�gcs,ducct or conscqucntl�l, Ln connecti�n with �.ny
<br /> '�" condcmnadon or othar telctng of eny part of tho Property,or for convcyoncc in licu of candemnaticn.arA hucby assigned dnd
<br /> � , �� sh�116a paid to lander.
<br />--��'`� Ir��he event of a tntxl mlcing of the Pro�erty.tho Arocccds ahnU be eppHed to nc�suma securcd by thLs Securlry Insqument,
<br /> erty
<br /> ��"'""�`'�� whcther ar not�hea�duc,wlth any cxcass A81d to Sorrowcr.In tho event of a pardal takln8 af tha PmPcrtY tn Which the fnir markct
<br /> � value of tho Froperiy immedintcly beforo the talcin8 is cqual to°�8m.nte���o emount of the sums secured by thls Security ,
<br /> �; '� Insttumcnt i�nmediatcly before tho taking. unless Boirower and Lendcr athcrwLsc Agr� an�vridng. the sums se,�ured by this _.;.
<br /> 4. Secnri�y Instrumcnt shall be reducrd by the amount of the procceds muldplled by the following fracdan: (a)tho total asnount of ��,.
<br /> �:.
<br /> � • �hc sums secured immedIutelY Uefon. the taking,divided by (b)thn fair market valuo of the Property immedlntely Ixifore the �.
<br /> • , ;�i telcing.My bulancu shall bo paid w Sonowcr.In thc cvent of a panial taking of the Property in which 1he fair mnrkct vsiluc of the -
<br /> , � '` prc�peny irnmediately before the taking is Iess than tha amaunc af the sums secured immediately before the tnking. unless �•_
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<br />;rJYi;$,-. ; Borrower atid Lendrr otherwise agcce in wridng or unless applical�l�1aw othcnvise provides�thc procecds shsillll be applled to the �
<br /> s�tms s.,-c�tred by this Secndty Instmment whether or not the swns srr ti�en due. _,_
<br />,:,�,�;.`.; ; If the PcopeRy!s abandoned by Borrower,or if,afLer notice�iy L.ender to Borrower thnt thu condemnor otfeis ta r��ake an �s
<br />-=;, ;ti:4 ' award or setttc a claim for dama8es.Horrower fails to respond tc�Lar�der within 30 duys aft,er Qia date the nodce ia givcn,L.ender �
<br /> �,;�._ is authorized w collect and apply the t:raa:eds,at iw optian,either to restoradon or repair of tho Property or to the sums sacuaed �`
<br /> ;=:� by this Sec�uity Irestnsc�.n[.whether or not then due.
<br /> Unlass d�ender anc�Bnr,rawer otherwLse egree i�writing,anY eAPlscadon of�ac��eads to prtncipal shall nat entend or postpone �,,
<br /> hs 1 and 2 or chan a�ha sunount of such payments. ��
<br />'"-R..� tt!e dae datc of ihe mon�ly payments refcared to in paraB�P g _
<br /> rR 11.B�ra,�wer Nut Rekased;For6earAace By Lender Not o�Vaiver. Sxtension of tho tlme for payment or modification
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<br />-i a" of iuncrrdzfltion of the sums se�eiued by this Security Instnunent granted by Lender to any successor in interest af IIorrower shall
<br />.��'!� not opezato to release the liabillty of the odgtnal IIorrower or Bonro�ver's successors in interosG Lender shall not ba requiced tn
<br />=�`.:�,;��f� �pm��p�8g�g�ins��ny sucCessar in intemst or refuse to extand dme for p�yment or otheiwLse modify amortization of
<br /> ����� �h.���ma se�ured by this 3ecurity Instntment by reason of any deman�i made by tho odginal Borrowu or Bortower's successots
<br />.ti_G�,;p6� i��inceresG Any focbearance by Lender in eaercLging eny rlght or remedy sUa�mot be a wsriver oi or pro�:iuuc�,e eaG��:�s3
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<br />=�t: . ,: dghttxremtdy. �
<br />:,�,,;.�;± ' 'i?ie covenants end agreemcnta of ¢fi�s
<br />_:,.��,- 12.Sucoes�ore pnd Assfgas Bound;Jdnt aad Several Liabiiityd ��•
<br />''°,.° gecurity Instiument shall bind and benefit the successors and nssiEns of II.�ntler and Borrower. subject to the provisione of
<br /> _-��� P��Ph 17. Bnrtowet's covet�tts and egreemcnts sholl bo,joint end sev,ern9. Any Ba�rrowu who co-signs this Sxurlty
<br /> - Insm�ment but das noe eaecute the Nota: (a) �S oo-signing this 5cctuity Insmunent only to mortgage.grant and coavoy that
<br /> �_� Bormwer's 9ntaest in the Prolx,itY undu th�tams of this Sec�viry Instiumenr(b) is not personally obligeted w pay tl:e swns
<br /> --�.._-�� secured by�his Sa;urity Tnswmen�and(c)egrr�ees that I.�der aad any othu Borrower may eKroa to ext�►d,a�atify�forbear or
<br /> ------ mutce any accpmmodations with ngard W the terrt►s o€this Securiry Ynstrument or tha Note without that Borrowet's consen�
<br /> -----° 13.l.nan Ch�. iff ihe loan sa:uccd by this Securfty Insuument is s:�5}ect to s!aw which sets meximum loen chorges,
<br /> �.� and tlwx]aw it finally inuaprsud so that the interest a nther loan charges c�ile�Zed or to be collectsd in connxtion with the ioan
<br /> ..�..��� excood the pamined limiis.them:(nJ�aay sueh loan cherge shall be iedurai by iha amount nece�sary W nduea the charga Zca 2he
<br /> - permittod limit;and(b)tmY sums a'aW;►�9�collect�ed from Botrower which ex ' pemiitted 13mits will be[tfundod to Sortowet.
<br /> L,�uler mny choose t3 nnake thiv:r�Yund by reducing the princtpal owed t�ncier the Nota or by maki�g a diroce pa t�t to
<br /> Barowa.If e refund rerTuces prin�sl. the ceduction wi11 be treated rs a��1 prepayment without anY prePaYm �
<br /> - under d�e Note.
<br /> - U.Noci3as. My noSke w Aocrnwu provided fa�'in�h�s�ccurity Instrument shail be gtven by delivering it or by nwiling it
<br /> --r - by first c7ans mail unkss applicabk law requires use of another methad.The notice s1�ell be dincted to tho Pro�xtty Acida�.gs or
<br /> any oti�er addres.g Bormwa deslgnute,s by notice to�Lender. My nodce to I.ender shaU be given by first class mail eo Ler�c?er's
<br /> ����� ��y oti�u addre�s Lcndcar t7eslgnates by notica to Bomowe,r.Any notice provided fa in thls Security
<br /> L�nuner3t st�all be damod w hava boei►given to Borrower or Luider wtien given as providcd in this parag��aph.
<br /> --= 1S.Covernf�n{l.a�;SevrrAbility. This Soc�vity Tns►aw.�na shall ba governtxl by federel law and thc law o,f the
<br /> _,_-�--� j��� �w}� ��pro�e�Cty is Iocated.In the event thas�y provision or clause of�his Securicy Instrument or trie Noto
<br /> - conflicts with applicable lnw.such conflict stjall not affect othes prnvisions of this SecUri.ty Instzumenc ar the Nota wldch can ba
<br /> ----.--- giva�effect wlthout tho conflictinng provisioa.To this end tha provisions Qf diis Securlty Instrument and 1he Nc►te ace doclared to __.
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<br /> — _ Form 90�8 QI90
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