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<br /> paytnents rasy no Eoager�nzq�iced.at the option of Ixader,if mortgage in��.�,nce coverage U�the umount attd 'or the pertad ,�, _
<br /> � thai Letider reqn�res)Provided by an inswep approved by I,ender again be�omes available and is obtui��ed.Bntrorrcr sh�ll pay ,��-
<br /> �Ite prentiums reguired to maintain mortgage insvr,u�c�e in effect.or w psuvide a loss reserva,untU che reyuirement for mortg3gc -
<br /> �U�a�eads in accordancx with any�+rritten a�teement betv++ee�Bomnrrer and L�nder or applI�.bte taw.
<br />� 9�Ins�tfon.t�ndez or its ageat may male reasonaisie entries ugon aad inspectians of thc Froperry. i.ender shal!give _ -
<br /> ,�� gqrrovr�Rotioe at the time of or priur to an inspe�tion specifyin�reasonabte cause for the inspection. _
<br />.��:� 10. CandPmnatton.The grocee�s of any award or claim far damages. direct or cansequenteal,in connection with any ,��`--
<br />',;�� ce�ad�;��sip�:pF.a�er rakinv of any part of the Froperty.or for conveyan�in lieu of wndemnatian,are hereby assigned and -_
<br /> '.� shall.b�.�}3a�i:to�i.cndsr. -_--
<br /> Iq,�IiA��of a total taluag of th:Progsrty.the pmc�eds shall be applied to the sums secured by this Seeuriry Insuumeat.
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<br /> ,;,� whether Ar��z�t chea due,wlth auy.excess paid to Bosrower.Ia the event of a partial tairing of the Property in which the fals
<br /> '.; . maslcet valssE of the�raperty imm�i2teiY D�fure ttee talting c��qual to or greater than the amount of the sums secured by this
<br /> ,;'� Se.,^u.�ityi Instru�.nt i�+,�nediately�.fore the taking,untess Ba�rovrer aad Lender athenvise a�e in wriqng,tt►e snms secuced by
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<br /> tfii�.�SC.^t�titY Ins�t sirdll he n�3aced by the amount of tke pmceeds multiplied by the following fraciion: (a)the total
<br /> ,�•x' atu;utirt:�f�thr sums seaired ' L° ly before t�e talring,eti:xded by(b)th$fair marke4 value vf the Ftoperty immediateiy
<br />.;��� .. isefcire-t�e tatcing. Any balance s1�ll de paid ta Borrower. �t�e event of a partial ti3�i�of the Fmperty in whi�th�fnir �„�.
<br />:,':�g .. marYet vaIue of t�Property imm�iately before the taking is tess than the amonnt of th�sums secured iaunediate'ss ioefare the �
<br /> �3;, .. taking,�nl�.Barmwer aad Lendgr otheiwise agree in writing or unless applicable!am otheralise gtov%des,the prac�eds sha11 -
<br /> �- be a�plied ta the snms securrd b��6is Security Insmu�nt whcther or not the sums aze then due. _,__
<br /> •�'�: If the Pmperty is abando��y Boaower,or i�after notice by Lender to Borrower that the crnne�^�nor offera to make an __
<br />' award os settle a cleim for damage.s, Bnnower fails to respond ta Lender within 3�days after th�datc the notice is given,
<br /> " Leader is authoriz�i�o oollect end apply the prooeeds.at its opdon,either to restoradon or repair of th:�'raperty or to th�sums i� .
<br /> .. �� • -
<br /> �� z sec�u�d try this Sect��Inscrument,cvhether or aot thea due. �-�
<br /> '.; ��� Unless Lender t�d.�ormwer otherwise agree in writing, any a�l.l=��n�n of pracezds ta pr�1 shal! not extend or --
<br /> � �� posCpoae the due date of th�rao��1y PaYmer�u referred oo ln paragaphs 1��2 or change the amount of sach paysnems. • - _
<br /> ��� 1!.Borrawer N4t 4ie4��;Forbear�tce�y�.earler No!a Waiver.Extensiaa of the time fot payment or madifizatian --
<br /> qf attta,rdrdtiun of tt,�, sanv�s�'red by tius Security Instrument gtanierl by I�uder w any saccessor In interest of Borrower shalt
<br /> c!ot operate to tele�z sbe�iali��isy of the original Bormwer or Borrower's successoYS in intere�t.Lend��shall ntiE Ge requ'ued to ._�=
<br /> ,���; oQ,ffineace piace�ngs ugai�3�y successor in interest or refase to extend time for paymeat or oth..twise modify aa►ortlzation �:.
<br /> :�,`A of the sums serured by tIus Setnvity Inswmeni by �azaa of any deman� made by the originai Borrower ox:$q�t�nwer's . �..-
<br /> �'',� sua�sors In inteiesE. Any fcir�aace bY i�[der in exe:ciyx�;any righc or remedy fhall nat be a waiveY of or.�reEiude the �_•'
<br /> � exercise of any rig�t ar remedy. : . --
<br /> •. ; 12.Suase�arc=.�an�A�sstgns Bound;.�oint and Sevena! 3labilit�;.f.o�sign�s. The covenants and ageemcats of tais �".
<br /> . ' Securiry Instrumeul:shzll bind and benefit the successors and assiSns�f�.ende�'asxl.Bormwer, subject to the provisions oF�::..
<br /> � paragsph t7. Rorrower's cot��+ants ond agramems shzs�be joint and several. Ar,� 13oaower who co-signs t�.•SecoricY —
<br /> Insnvment but does not execu2a,��he Note: (a)is co�signi�this Securiry tnstmment o:�T;�:to mortgage,grant and ca�nvey t�t
<br /> � � Bosxo�ec's interesi in the P;opeity under the terms of this Security Insmunens;(b)is nqi personally 9bllgdted to pay the sums
<br /> . . �! secvred 6y this SECUrIty Insuument;aud(e)agrees that L.ender and any uther Barrower may agrae tn eactend,snodify,forl�xir or .
<br /> ":;r cnaic�eny accommoda�;ons with rega�i W tlae terms of this Security Instrument mr the Note without t�r:t�i�tasmwer's cansent.
<br /> 13,I.oan Cwuges.If the toan secu�6y this S:.curitv Insuument is subject to a taw which se1.s�aaimum.toaan tharges, �,__
<br /> � .. and that taw is finally intecpreted so tliat the interest or os�erc laan eharges eallected oz to be collected in coan��with the -- -
<br /> � �� l�w excer.d the permitted limits,then: (a)atiy such loan c;s.�e shall be reduced by the amount necessary to r�i�.!��charge .
<br /> �•����� to the permittacl lic�zr and(b)any sums alr�y coilecte,ci from Borrower which exceeded permitted�lmits wi11 be'refunde3 to .,.. �-
<br /> ��;(; BorroKer: Lead�rc,�y choose ro make this refund by reducing the�ps�;.cipal.awed uhdet the No:e.or by makit�g a tlirec�l: _:,
<br /> '• paYment ta Banower. If a rafiutd reduces principal, the reducdan wili bc treated as a panial p�repayment without er,y. ', ��_
<br /> r �t c e under the Note. ' � ���
<br /> ' P eP� �'S . . . �:,�
<br /> !4.Notkes.Any notice ta Boaower provided for ia�i�'6erurity Instrnment shall bs given by delivering it or by mailing � . �__
<br /> • it by first ctass mail ualess applicable law requires use of another method.TAe nottce sh��ll be direc,'.�x�the Property Address��: ��'
<br /> ; . ,_, pr aay other sddress$orrower designates t��r np6ce to Lender. Amy notice to Lender sfialt be ��i by first class mai! to �
<br /> . Le:ider's a�dress stated here]n or any other a�3dress i.e��desig,aates by notice to Borrower.Airy r.otice pmvided for in th3s . �-
<br /> � SA.,e�,.;y U�strument shall be deer�ed to have been p,iven ta��isower or Lea�der when given as provided in this p�agapb. `_".�.
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<br /> °ti iS.Goveraing I.ew; Sc�eeability. 'i'!�is Security insWtnent shall be'govemad by federal taw and ttie law of ihe
<br /> �� , jurisdiction in tivhich the Frope�3y is locate3. L�the event tltat 2ny pravlsion or etause af this Securit}r Instrumeat or the Note �
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<br /> • . ,f . conflicts wlth a�r�'t�bie law,such conflict��1',�n�ot affect other pmvistons of this Security Inswm�:�ar th�e Note which can be =
<br /> giv�n effect�vithoat the conflicL'ng p:ovisian. 'jb this end the provisiona of tlus Secnrity Instrumem an9 the Note are declared' _
<br /> � �' to 6e severable. —_-__.
<br /> • ��' 16.Bomuwer's Copy..P,�A�er shall be given on:-cr�r±yormed copy of the Note�B of this Securiry Instnmxasn.. . __
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