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<br /> paymenis may no longer be required,aY tlis a8uon of L.ender,if mortgage insurance cave*age(u►the amount aad for the period ��
<br /> that Lender requires)prnvided by an isssurer approved by I,.ender again beoomes availabte and is obtained.$ e�for mortgage ="°--
<br /> i
<br /> � ths pmmiums re�stired ta�aintain mortgage insurance in eft"ect,or to provide a toss reserve.until the requirem �,
<br /> instuance ends in accordance wiig►any'�vritten agreement b�tween Borrower and Lender or applirable law. —V�
<br /> 9.I n�on.Lendcr or iu agent may make reasonable entries upon and inspecaons of the Property. Lender shall give � `
<br /> the time of or rior to an inspaction spetifying i'easoaable cause for t he insp e c t ion. �,_
<br /> Borrower nonce at P
<br /> ..` 10. Coademnatfon. The pmceeds of any award or claim for damages. direct or wnsequential. in connection with any ��`___..
<br /> condemnation or other taking of any part of the Property,or for conveyaztce in lieu of condemnation, are hereby assigne�and �,r;:,._.
<br /> _ sha11 be paid to Lendec. ``
<br /> In the eve�t of a tocaI taking af the Prop..'�rty.the Proce�ds shall be applied co the sums secure�by chis Security Insuument. ��__-'
<br /> of the Pro in which the fair �y9r_�,:
<br /> whether or noi then due, with any eaccess Paid�a B°n°weT• In the event of a partial tasing P�Y �,_b_
<br /> market value of the Progerty immediatety before the taking is equal to or 8re�eT t�a the az°°1�°f��secured by tiris �:
<br /> Se�urity Instrument immediate►Y before d►:taldng.unless Borrower a�,d Lender osherwise a�e in writing,the sw�s secure�by `.,...�_
<br />;. ,�.=. _
<br /> ,� this Security Instt�me� sha11 be reduced fay the amount of the�srncxeds muitiplied by the�c�llotving fraction: (a)�mtal =---
<br /> J.!• F
<br /> a�rnunt of the sums securc+d ir�diately before We tat�ng,div��Cd by(b)the fair znaricet vti:::ae of the PrapeFty tmmediutelY _—
<br /> ' • befare the taldng. Riry balancc shail be paW to Bormwer_ tn the event of a partia!taking of the Pr°�ry�w�d��e fair
<br /> marke;calue of the Property immediately bsfore the tnlcir�is tess than the amouni of the sums seaued�31ntaly tasfor�th� ��`�_;
<br /> . taiQng,unless Borrower and Lender ot�ervvise agre�et�writiag or�less applicable!aw othe�n�se pmvides,the g:ece�s�11 --=
<br /> be applied to the susns secured by this Security Insmiment wheLh:*�s aot the sums are then dae. ��=
<br /> If the Pcaperty is abandoued by Borrower,ar if,af�r notice�y�.ender t��orrower tha.t�i�:oor.�e�'•aar offers r�make an �' � .
<br /> � aaard or settle a claim Far dama8es• Buaower fa�s to r e s pond to i.ender k�.'n 30 days after the�..�+e��no������• �u;
<br /> Lender is authorized to�?�act and agp7y the pmceeds,at its optioa.either to res��asioa or repair oi the Pr�qparry ar w the sums �.
<br /> -- �ecured by this Security tusuum$m.a'�er or not Wen due. —=
<br /> hcatiaa of mceeGa�.� principal shall noi e.�+�oi ",,: '
<br /> Unt�s Lxnder and Borrower e"E7serw�se agree in writing, �y aPP_� P ��-.
<br /> • postpone::7e due date of t�mon t h ly paymen t s re fe r r e d t o i n p a rn.�a p�.s 1 a c d 2�r c h a n ge the amnunt of such payntents• '
<br /> �• 11.Borrower Not Rele3sQd;Forbearance By I.ender Not a FM'aiver.E.Qt�_sion of the time for payment ar madification
<br /> � caf amortiration of the sums secured by this Security Insuu�nent granted by I.ea$.°;to anY successor in interesc of Borsor�er shal�
<br /> y_ noi up�a tm release the liability of the original Borrower or Bo����r's suocessors in interest.Lender shall aot be reqaiied to .
<br /> . coa•.me�.Re Proceed�Ss against any successor in interest or refuse w ext�end time for payment or othenvLse modify amortization �.
<br /> � of the soms secuced by tivs Secusity Inswment by reason of a�y dema�si made by the original Borrower or Borrower's
<br /> .s►�ccessurs in intere,t. A�forhearance by Leuder in exercising anY r'sSht ar canedy shall not be a waivei o�nr preciude the �
<br /> exercise of azry right or cemedy. �;;
<br /> � 12. Succxssoss and Ass�gns E�and;Joint�d Several Liabiiity,C.��g,ners. The covenants aad agee�ents of tkis
<br /> ,
<br /> Security IrL.m�ment sharJ bind and 4��a:fit the successors and�s�.a�s of I.e�3er and BoTrower. sub}ect to the pravis_;rs�s of �.,
<br /> ;�;; .: pamgraph i'?. Boaower's covenant� ind agree�e^.�s shall be j��t and several. Any Sflra�rnver �vho co-signs this�utr.xary ---
<br /> ' Instrament but does not execute the 1Wote: (a) is�signing this Security Ins�'��flt only to mortgage.grant aad coir+'�=1?�at --
<br /> m
<br /> Boaowei s intemst in��Progerty under the terms of this Secvrity Inswme�%;4'�)�s not persor�lly obligated w pay tiie stims
<br /> � secured by�is Security Instrumteut;and(c)agrees that I.ender and any other Borrower may agree to extend,modafY.forbear or �.
<br /> make any axommodations with r�gard to the terms of ttus Security Insavment or the PIote without ti�at Bormwer's wnsent. _
<br /> ' 13.Loan Cbasges.If th8 loan secured by this Sect�rity Insuumetn is subject ta a taw wiuch sets maxlmum toan cYisrges.
<br /> � a�d that law is fin�ally immt�rpreted so thac the interest or other loan eharges collected or to 6e colle�ted in cannectior�vvid►the —_-
<br /> loaa exceed the permittesi limits,then:(a)any such loan charge shall be rednced by the amount nee�ssary to reduce t6e charge _.__
<br /> ��e��itted umit;and(b}any sumg already calleaed from Eorrower which excceded pemtitted lim=ts arill be refundeA to . ,- �;
<br /> Sarmwer. Lender may choose to c��ke this refund by reducing the principal owed under tt►e I�Iote ar by maldng a direct
<br /> . payment to Borrower. lf a refurtd Q�zduces psincipal. the redaction will be treated as �i�artial Prepa}m�ent wy.?J'�"y.� any �_�-
<br /> . prepayment charge under the Notc. . .. �'�
<br /> • 14.Natices.A�r notice to Borrower provided for in this Security Instrua+�t shall be given by delivering it or by ar�ail�'ig .. E;.;
<br /> . • it by first c�ass tnai!anless applicable law requires use of another method.'IY:e aotice'sha116e directed to the Froperty A�3d.r�ss : '
<br /> or any other address Borrower designates by ccodce to Lender. My norice to Lender sball be given 6y first class r�..�` ta �°,:
<br /> I.ender's address stated herein or any other address Lender d�tc,��.-u.es by notice to Bosower. Any no6ce pruvided fcz um,;::,s �'�
<br /> ���:. -. � Sec;rriry 1nstYUmeni shall be deemed to have heen given to Bonower or Lender when�i�en as provided in this paraBraP't�� . �'
<br /> 15.Governing I.aw; Severability. This Security Insuument shalt in� �ovemed by federal law and the tav� af the ., f-::,
<br /> jurisdictioa in which r�'��Property is located. In the evec►t that any grovisioa.+:n clause of this Security Iastrument or the Note -
<br /> wntlicts with applicable law, such c.a�flict shall irot affect other provisions of tfiis Security Inswment or the Note w�icEz can be =
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<br /> � given effe�t without tlte conflictia`�Ce�vision. To this end tfte provisions of this Security Ir�t�ument aec!the Note�.:t�:l�cla�ed •
<br /> � to be severabte.
<br /> � ' 16.Borrower's Copy.Hnrrower shall be gi�c-�one confortned copy of the Note and of this 5ec¢.�it3 I'r:zn:m.nt. �
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