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<br /> ! - pay,�,is������>w r�:=�',=•'-=-°^='`"'—"^f t.��uter; if mnsc�ase insuianoe covera�e(in the ama�ant and fer the g�iad ;�T,
<br /> thr3 LetuL°r reqmires)Qrovided by an inst�ser upproved tty Leatder again bPCOm��vatlable nnd is�btain3c9. Botco�ver sha11 pay �
<br />, the pr�miums required t�maintuin mQrtbage insuran�e in effect.or to provide A loss reserve,untii the requirem�zt fur mortga�e �,.�
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<br />• Insuran9e ends�n uccotdanoe with ursy wri4ten agreemens beiween Borrower tuld l.ertder or applicable law. �=�,-`-<-
<br /> vrrne.tc..
<br /> 9.Ins�e�ctfa�.Lende�ar its agens may make r�sonable en;ries upo�s and inspactions nf the Fro�ei'cy.L.eruier shaPl give �'>;-_
<br /> �� Boao�ver norice�t the time o!ar prior to un inspxcti�n sgrcifying reason^b2e cause for the insp2ctioa. ____
<br /> 10. Condemnatton.TIt�praceeds of uny uward or cl�im for da�na.�es. direct or aonqeque�tial, in corui.ection with a� __
<br /> rnndeinnation or otfier tulcins of any part of the Prape�ty.or for conveyance in lieu af rnnd�mm:tinn,are heret+y assi�ned and __
<br /> �� shall be Paid to Le�det. �-,, _
<br /> ` In tEtc event of a tatssl taking of the Property.the praceeds sha11 be applied to tSie sums secvred by this�.cuiity Instnunent. �•-�;;.-.
<br /> ;:,�::
<br /> •.:'<< whEther ur aot thea dus.with uny exc�ess paid to Borrowcr. In tha event of a�anial takln�of the Property in whlch thr fitir �`�.:' .
<br /> ��
<br /> market value of the Prop�ty immPdi�tely befa�the taking is equal to or gr�ter than the aasnunt of the sums se�ured by this __—
<br /> Securi�y inst_�,�nt im�l�iAtely bEfore th4[aking.uniess Eorroever and Leader othetwise agree iu u,riting,the sums secured bY _--
<br /> ° this Se�ity Instr�me�t shuil 6e reducecl by the fur►vuna of the pmcee�s multi�►lied by the foltowing fractian: (a)Uio totul ----
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<br /> .. amauat of the setms secutcd immadiutcly beforc tha taidng�divute�by N)th�fair ra�rlcet vrilue of the Fca�°rty imm�diuteiy ;
<br /> ' tigfar�the tta.an' g. Any 6alanc.shnll be paId to�orro�res.In th$event of a p�rtief�ir►g of the Pmperty in*Nbiah tho falr.- �'v�,
<br /> . ma�ltei v�of tite Fcap:rty iaunediately beFore the taking is►ass than the amnunt ot the sums secured immedit►:ciy 6efoza the. �=..--� -
<br /> ,: taking.uNess Earrower and l.ender othenvise egtee in wriang or unless applicabl�s law atherwise provides.che Fr�aeds sha11 ��:
<br /> . ., be applid to the sums secuted by this Security L�strausent whe�her oz nat the s.ur�s art t�en dne. ��.:;
<br /> ' �" If the FropexcY is abandaned by�orrower.or if,aftcrr nAdcr�by Londor to Hmmwer that the oondemnor.offeis to make an f�#-r,-
<br />:<��, awand ur settle a slaim for dnamges. Borrower fails to res�on�ta:l��der wit]un 3U Mys aftur the date the noiice is given, �'°
<br /> I.ender is authori�tn coltect�d apply tha proce�ds,et iu apdon.ehltea ta resw�ation or rc�ii°of the Propeny or to the sums ���
<br /> sect��d by this Secorit+r Ins�ent.whether or not thea due. ',�
<br />.. Unless I.ender xnd:Burrow�r otherwise agi'ee.zn.vJridng, anY appiicatiaq 4f praxeds to principal shall not extend �r . • t- ,'.
<br /> J� Po�Done the due date Qf r3ck rsnnthiy payments refi�rrad.�ta in paragrsl,►hs 1 and Z��rsrcbange the aznount of sach payment�. >.
<br /> '`�� � 11.Pon+n�r�zr Pi�t�x�'..e�;Forbearmmce By Leadcr Nut a Wn[ver.E�..rision of the time for payment or modification _
<br /> ."",�_,�-
<br /> of cunofi3.��iina of the s�ms secured 6y ttus Secnrity instniment�rmted by Leader to am�y successor in intetest of Borcower�aall ;�„^_
<br /> not op�-Y���i�ase the liability of the original Bomuwer or Bumower's sua�ssois in interest•Lender shal!not be ce�lu�d�a _�"
<br /> ¢�tpRenoQ.�s,�+oeedings�¢iast aay suocessor in interest ot refuse to extend time for payment or o.*�erwise masiffy aucottizatian =_
<br /> "::ps.*.;tfis s� �ecumd �;.� t�s Security fnsttu�ment by reason of.any demaad rr�tcle 6y the origiral Bomavr�crr Borrowtsr's �`��'
<br /> � ema
<br /> . ::� '.,:i�jicCessors ia�nterat. Rtn,i forbearancc by Lender in exer�ising a�rsght or reme�ty sball not isr a wai�er��ar preclade the
<br />,�.`.� :<�•�.��exeacise of any rigRt or remedy. , . . , :. . . -
<br />:':�:s::C 12. ���s aud Ass��rn�cnnd;.�oi� aad S�vexa! S�ty, Co-st�nefs. The cr.i���nts and agreements of�xhis
<br /> �--
<br /> �':�:�ecuric}r Insuument s��tql;�ibind:�had benefit the sucxx��3ors end assigns of Lender and Borrawer, subject W che provisions of
<br /> , �t .�� parii�raph 17. Borrow�r's{.c'o�renants and agreeme�t���mlt be joint and seve��..Aay Borrower who ca�..i p� this Secutity � '��•`
<br /> ��h��z.' Instrw�e�t.buGdo�s not execute the Noie: (a)is co�si�i�tfis S�ty 1nst�i�t onty to mortgage,gr�n and convsY that ..
<br /> !N f�"
<br /> -"��'�: " Bo,rower"$idtnrest in che Prope»y under the tetms o�•r�s Secus��.3��nt;(b)is noi peisonally obligated to pay the s��ma
<br /> :;,..q ,.
<br /> •:, secured by t�t�Security Instrument;and(c)agree.s tha�L..�nder and�:y other Iiarrower may agres to extend,madify,fori�ear or .
<br /> ;,� .,, matce any accom:nodationg with re�ard ia the tem�s of�s Security Instrument or the Note withwt that Borrower's consent.
<br /> :•�:5 y3.I,oan C�rgrs.If tAe loan secured 6y thL��r',�urity Instrument is subject to a Iaw which sets maaimum 2oan charges, � _
<br /> °t and that taw is finally interpreted so thut the interest�other loaa charges collectad or to 6e collected in oonnec�ion with the
<br /> loan excee�ute-permitted limits,then:(a)an3+sucfi loan charge si:rt�i he red�xceA by�the aucount necessar�+w ieduce tue chuge �., .
<br /> :�;,:'`.,`, to the peri�`,�limit:ead(b)ar►Y sums already coltected from Bormwer which exceeded germitte4 limiu wiU be refun6ed w
<br /> . '� : ..Bornnwar.��r:�der roay choase to make this ref�.��� mducing the princigal owed ander the Note or by maldng a direct a�..
<br /> . �:..;.i�Y�'- to�sA,4ci+nwer..�f a refund reduces priaci��i., tDe reducaoa will be.�eated as a pattial prepayment without any �- ;
<br /> - �''P�Ymcrs',a'�:�ge unde�7tie Note. ' � . . ''•�',;�.�-
<br /> . � I4.�d�c�s.My notice to Borro�er provided for in this Seaui�y inssrtis�ss�it s�all be given hy delivering it or by mailing
<br /> �- it by first c''�3ss mai!aniess applicable law ceyu3ns use�f erwthEr otr�i�:�::'�ie notice shall be directed to the Property Addr�ss
<br /> .. or any ather address�Horrower designates by notice to Lender. ,�,xe��aa�?ix to I.ender shall be�iven by fi,rst clas4 mail to
<br /> , . , '.;�.�ender's address stated hcrein or any ather�dd��,�der designates by nodc�to Borrower. Any norice(�^�?zd�d for in t6is
<br /> �) � '��:��Securlty Ins4�ument shall he deemed to have beea giv,cn to Bortower or Le�der�r[�m given�.s provided in thrs paragraph.
<br /> � IS.�veraing Law; Seve�a�i�ltgg. This Secnrity Instr�ment sha11 be govemed by f�deral law and the law of the ���
<br /> - jwisdietfox ia which the 1'roperry�s'�[�ated.in the event that any provision or clause of th3�Security inswtnent or the Atate r`-
<br /> conflicts with applicahIe Isw,sucb eo�;ttet shall not:�.,ffect ather provisions af this Sacutity I�:Uxs�ment ar the Note whicb can be ��'��
<br /> . �� '�; - given effiocc without f8a+mr�li:tino prmision.Tq�f:e"sx end the provisions of tfrir 5ec,urity Inst►ument and the Note are declared ;. _--
<br />� . •+'i � to i�e severabPe. ' . � - .,• ,.�*,�-
<br />:����: �:� 16.S�anavrer's Copy.Borrower�..ct21 be gitiiec.dae conformed copy of the Note and of this Se�vr+ty�.:tta�ment. ., � ,
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