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<br /> .• paymente m�y uo loager be roquirod. at tho optton of L.ender, If mortgag�insurancs covorago(in the a�mimt acid for tho pedod /
<br /> . �� that Leadar rcqui�e�)provided by r.a tnaurer agprove�by l�n��:«g:in l�xo�nw.avr.ilnblo and ie obtnincd. Bonower ehal!pay
<br /> tho pnailurna rec�ulrod ro nulntain mortg�go lnsuranco ln offect�or to provido a loss ceserva.twtil tho requirement for mortgngo
<br /> insuruica ende in�ccord�nce with aay wdtten agrnement betwecn Bonowcr�nd Leuder or applicabla law. �
<br /> �.dc:,�:,r.�an. Lsadcr or its u;cnt m�y m�ke re�aonnble entdes upnn Rnd ineix,ctlona of tho Propeny. LendGr ehall givo „ ,.
<br /> Borrowor notico�t the ti�me of or prinr to w inepxtion epr.clt)+ing rcaaoaxblo cause for the in•,pection. ,
<br /> c, 10. Condannsition. '[he procsede of wy nward or clum for daa�uges, dir�ct or consequenNal, in connoction with any � .
<br /> ; condomnaHon or other t�king of u�y part of the Property,or for conveyance In licu of condemnation, aro hereby assignod oad
<br /> - . :,,,,;:.�+� ehdl be patd to I.ender.
<br /> , ����.•�.• In the event of�total taklAg of the Property,the proeeeds ehdl ba�pplled to the sums secund by thie Security Iasttumont.
<br /> � uhether or not thea due, with eny excess paid tn Rnrrower. In the event of a pu4fitl t�lcing of the Properiy in wtu�h tho fair - �
<br /> mivket vrdua of tho Property Itamediately ba£os�t�e taking is equal to or grouter thsn tho amount of tho sums secured by thie : �
<br /> Soaurity Instn�aient immr..diatoly before t�e�i�r„unless Borrower aad Lender otherwise agrea in writing,tho sums exured by . .
<br />- thle Secwrity Instntment ehxll be rec�woed by �.'he emount of the proceads multiplied by tlie following fixction: (a) the total ���;:.`�„
<br /> ' �� smount of Wo swns secured immo�:a:aly bcfoae eh� talciwng, divIded by(b)the fair market valuo of the Proparty immodiately ; ,`.,�r�"
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<br /> _ bofore the takiag.Aay balanco s6a11 ba p+ud 2�83orrowor. In the event of a partial taking of tha Proporty in which thu fair ,k��_,�,•
<br /> � • maricet value of the Pcoperty immed+,sioly befo�w 4ho t�lcing ie less Wan tho nmount of the suros seewed Immedi�tely before the =_._._.
<br /> ; tatciag, unleas Botrowor and I.er�s e�2�onvisa agrea iu weltlt�g�r ufiless applics+blo 1aw atlten:�f�o grovides, the procc:sis elzsll '''iLS'
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<br /> - '` be applied W the sums eocured by t'���Sacurity Inatrument whetiter or nat tho sum9 are then duo. ;;tk���'�
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<br />- • If tha Proper►y ie abandoned by Bormwcr,or if,attor norica by L:�dcr t�Borrower that tho condemaor offere to make an ;�,,,,,...
<br /> � , aw�rd or eettle a claim for damagea. Borrowe�fails to nspond to Le�ti,er�vdzLln 30 days after tho�1a tho notice ie givcn, s_�.�;,<<:'
<br /> - � • � Lender ie suthorlud to collxt�.d e�pply the proceeds,at ite opiion, either 2o reswrntion or repur of the b'roparty or to We sume ;�,::�,F��,�
<br /> ' ec:cund by thie Security Inst:umectR,���hether or�not then due. :�=:`��-'-
<br /> � `�`.�°i Unless Lender wd Bomou•e� �therarise agroo ln writins, aay npplicaHon of procculs to principal ehall not extand or ��=-• .
<br /> ' • �� postpone tbe due da;e of tbo mont4ly paymeate mferrod to in parngr�phe 1 and 2 or chu�go the a�wunt of such p�yments. '•..�#�.�s:�:`��
<br />�_�_�: 11.Borrowa'N�4 Itdeasetl;Forbatt�tnce By Iande�'Net A Waiver.Exuaeioa of the time for payment or modifiaatlon ------
<br /> � � !� of auwrtiz�tioa of thn Rums secwed 6y thie Security Instnunent granted by Lendar to any succassor in intore9t of Borrowar shall ��;•
<br /> _`.=,. .�. .;' uot operaW to release the linbility o�''tbo origiaal Borrower or Borrower's euccessore in iaterest. Lwder ehall not be sequi�to -_!�i_.�°
<br /> _•;k.��:;;;��c: commcuca p,o�:ooui�,�e i�-�u,�.:�;y nd�.a'.ra�+;�.�i.,..,oi CT sG�•..b.."!C O�lLS:L f�z:�f�f F`.�SL"�tt pp��iwwivw mnrlif�amn�ftiyition — —
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<br />-_ ��:'°;.�;;��ti: , of Wa euu�a eocurod by thie Security Iastcument by reason of�ny demxnd m�de by tho original Borrower or BorrowePs
<br /> ~£'y`'�:::%�•;�'',:;' s�ccesaore ia in�tereat. Any forbuuanco by Leccder in exercieing wy dglat or remedy ehdl not be a wuiver of or preoludo the
<br /> "�';:'�',;��,;i;d�F�: axarcieo of wy right or mmody.
<br /> -::_�:��``r`���, ��� 12. Suaxssors and Aasig�ns Bound; Jaint and Se�era� Liability; Cm-si�,nere• 'I�e covwaate and agram�ate af thie _
<br /> :'-`�".;._',�r1<'"} Security Inatn►mcnt elull bind a�d�aofit the euccexr,ore and aseigns of I.ender �nd Roreower, subject to the pmviaion�of
<br /> _�.r.'�:` `
<br /> __,,,�� ' pxra�nph 17. Bomower's coveu�n4s and agroemeata eh�ll bo joint and eover�l. Any Borrowor who w-eigoe thie Security
<br /> .--.:;e;.';� Inettumrat but dae� not eaecute tho Note: (t) is co-si�ning tbie Secwlty Inatrument only to usoK&ago. gt�nt md convey that
<br />��'�'°-'y`�`=� Bonower's intereat in the Pmperty uader the terme of thIe SocurIty Inshumenh,(b)ie not pereon�lly obligated to pay the eums =_
<br /> :�'-'`� �:'� eecurod by thie Socurity Inettumeut; and(c)agroes tiut I.eader aad wy other Boraowar m�y�gcee to oxtead,modi�,forbeu or -
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<br /> ---' °`�'� make u�y accommodattons wlth ro�a�+d to the tGrnos of thte Securiry Instniment or the Note witheut thit Bomnwer's wn�at.
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<br /> ;.�;.��,;r,� . 13.I.wn ChuYes.If the laa eeccurod by thia Secudty Inst�ument is eub3xt to a lsw wluch reie nuucimum Iwa ehar�es.
<br /> __�.<<�.:�-R� wd that lsw is finnlly intespreted eo th�t tho interest or other!wn chugee collected or to tro collxted in co�xtion with the
<br /> --'-=--'-'�'"- lora caceod tho permitted limits,then: (�)any euch loaa chuge shall be�+rducod by tho Rmouat noceast�ry to reduce tho chugo
<br /> ------T-�--_� ' to the pemnitted limit;�ud(b)any suma drudy coliectod from Bo:rowor which exceedaf permittod limite wtll be refli�ndod to -
<br /> ---' Bortower. L,eador mty chooee to mdce thie c+efl�nd by nduaing the principal owed under tho Note or by m�king a diroct _
<br /> ___- paymcat to Borrower. Yf• rotbnd reducee principal. We reduction will ba treatod Rs • putld prepaymeat wlthout �ny =
<br /> .:�:`=� prep�►ym�nt chvga undor tho Noto. �
<br /> __ 14.Notioq.Any notice to Borrower prov[ded for in thie Security Insttumeut ehRll be given by delivotin�q it or by mulIng
<br /> - it by fint clus m�il unlr.�s appltc�ble la�v requirw uae of�aother meWod. 'Iho notice ehtll be dirxted to the Property Addreas -
<br /> - _,_ = or any other addreea Bomower design�tw by notice to Leader. Any notico to Leader ehaU bo givea by firet clw �nt{1 co
<br /> —�-- I,eadcr'e addrese et�ttod h�rein or any ot�or tddr� Lendor de�igaates by notice to Borrower. Any aotice pmvtded for tn thie _._
<br /> -=�'� Securiry Ia+trument ehall be dxnxd to hive been given to Borrower or L�ender whea givcu as pn�vidod in thi�puagnph. =�
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<br /> _ _:;=�-� 15.GoTern(n� I.aw; Severa6ility. 'ILis Secwity lnstrumeat ehall be govemed by fodenl l�w and the law of tha _.,
<br /> — ":�_—�=�;. jwIadicrion in which the Property ia loc�ted.In the ovent Wut any pmvisioa or clauee of thte Security Insttumeat or the Note =
<br /> �-=_ "''�`"'L�'� coaflicW with appllcable law.auch conflIct eh�ll not affact other pmvleions of thie Securlry Instrvment or tlto Note w6Ich c�n be ` _
<br /> -������ glven effxt without the conflicting proviefon. To th3s end tha provieions of ttrie Secudty Ituhwnent md tho Noto aro da:lucd �►:-
<br /> � .•'�°`; to bo sever�ble.
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<br /> __ _ , 16.Borrntiv�'s Copy.Borrower eh�ll bo given ano conformed wpy of tho Noto and of thie Secwity lnatre�maat. _ _
<br /> �� '� � ,� ' 11.�- 109 6 Fam 3ozo aJSo
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