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<br /> - • at the op4ioa of L.en.$er, i4 mostgage iasuraace coverage (in the�mount and for the petiad that I.ender requir�)
<br /> provided by an inawer a�ptoved by Leader again becomes availabte azid'es abtaiaed.Borrower shall pay the premaume �.
<br /> required to maiatain mortgega insw�ance in efiect,or so provi�s lass reECrva. un�il tha requirement for mortgage �`_.
<br /> insurance ends itt sa;otdaiere witA any written agteemen4 between Bosrower aad Lendet or applicable law. .-.
<br /> 9.Inspectioa.Lend$r or its ag�nt m�y mnke reasanabte eatrirs upon and iaspes;tions of the Properry.Lrnd�r shall g
<br /> � give Borro�er notia at the time of or prior to aa inepection specifyiag reason861e cause for tDe inspection,
<br /> J:. 10. Coadern�tiog.The grace2ds o4 anq award or claim for damnges,direct or eons�uential,in connectioa with � �
<br /> anq coaslemnatioa or other taking of aay patt o�the Property.or for conveyaac�a in lieu of candemnation.are hereby �
<br /> esigned and shall be paid to Lender. F.
<br /> ' 1a the�vent of a total takiag of tha Property,the Proceeds ehs1l be applied to the svala secured by ttus Security �,
<br /> Ins4rnmen�whother or not thea due.with sny eacess gaid to Barrower.Ia the eveat of g partial taking of the Pmperty in =
<br /> ,y�:. which the fair market value o4 the Proparty iaimodiately before ths takiag is equal to or geater thaa the amouat af the _
<br /> suias secured by thia Security Instrument immediatelp before the takiug,nnle�Borrower and Leader otherwise agree =
<br /> � in mtiting,the sums secured by this Security Instrnment shall be reduced by the amount of the proceeds mul4iplied by -
<br /> the€ollowiag tractian(a)the total emouat of the suma sscured iinmediately before the takiag,divided by�b)the fair -
<br /> mar�et va�ue of the Property immediately before the taking.Aay balanca e1�a11 be paid to Bonowcr.In the�vent of a
<br /> ' partial tatuug of the Property in which the fair market value of the Pmperty immediately before the takiag is l�.,s thaa _
<br /> � the smouat oi tha sums szcured immediately lse4ore the takiag,unl�ss Borro�ver and Lead�r otherwise agtee ia writiag
<br /> or uule�applicable iaw othernise providc3. 2he proceeds shall iae applied to the svfls �curzd by this Security �-
<br /> Instrument whether or aot tAe aums are then due. _
<br /> I�the Frogerty is abaadaaed by Borrower,or if.after notice by Exac�er to Barrower that the condeianor oflers to �
<br /> � matie an ar�tud ar aettle a claim for damages. Borrower fails to�p�ad to I.ender within 30 dags after the date tt►e- -•
<br /> notice is given,F�er ia suthorized to eol�ect end apply the proc�d��its option,either w re�tn�atioa or repair of the =
<br /> ` Pragerty or to t�a c��ras cecured bq this Securi4y InsWment,whether cr�aot t�en due. -
<br /> �� �s'�'_�d�.er_s_�r and Eonower otherwise agrea in writing,anp agpliration of pmoee�to principal shall not eatend or —
<br />' � � pa�cnte the due date of tha mantWp payments referrv3 to in paragraphs 1 auri 2 or changa the amaunt of such
<br /> Pa��xs. __
<br /> 11. Borrower Not Rele�sed; Forbesra�e�T�y �.eader Not a Nsiver.��Eensioa of the time�or payment or _
<br /> � madificafioa of amortizatioa of the sums sec�Ti L�t'�ia Secwity Instremeut graated by Lender to eay successor in °
<br /> . interest of Borrower shall not mperate to releass t&�L••'�lsility of the ori�nnl BacEOwer or Bonower's successors in
<br /> � iaterest,Leader shall aot be required to commeuca�ngs ageinst any suw�ssor ia interest or refvEe ta estend --
<br /> � time for payment or otherwisa modify eaeartizaticn an�sums secured by t6ie�zcuritq Instrunnent bp reasoa o�enq ..
<br /> , ,�'` . . demaad a�ade bp tha origiaaD Borrower or I�arrower's�.�a:a ia iuterest.Any forbearanva by Lender is�esercisiag
<br /> ,� ,� any right or re�ed�shall not be e waiver o;�_t preciude ie esercis�aCatr.q tight or remedy.
<br /> �� � 12.Saccessors and Assi�na Honnd;Joiat aad�eYeral Lia✓ii:�y;Ca-siga�ars.The covenanis and ag,�oements
<br /> �''�.i of ttsi,��SesuritY Instrument shall bind and boneYit the�rs and assigne of T.�der and Bornower,s�ibj�t to th�a --
<br /> : pmaiuin�s of P�SmPh l7.Borrowerre coveflauts and sg�mments sLsll be jaiat urui�everai.Aay Barrower whm oo-�i�as _
<br /> this�'ecuri3y In�ttcument but dam not exavte the Not�(s�is co-signing tWs S�sxrity Instrument oaly ta mortgoge, _
<br /> � gcant and canvey �hat Bnrrower's interest in tha Property under the terma of tlua Securitq Inswmen� (b)is aot -
<br /> ?` personally obligated to pay the st�ms secured by this Security IasirumeAt;snd (a)a�tbat I,eud.,°r asid aay othet --
<br /> � ;: Bonower mgy agee to eYtcnd.modify,forbeat or make eay acoommodatiQns�vith regird to the terma o4 this Security �
<br /> � ;' Iastruraent or the Noto without tLat Bosrower's wnsent.
<br /> i 13.Loan Char�es.IP the loaa secured by thie Security Instrument is eubj�r:w a law wbich sats maximum lout °
<br /> � . cLargea.aad that lnw is finally iaterpret�d so that the iatereat or other loaa cLzrges eollected or to be collocted in
<br /> `�" wnnxtion witA t�e Ioaa escced the permi.kted limits.then:(s)any�loaa charga shu11 ba reduced by the amount
<br /> '� neae�ry ta red�.-a ffie charge to tQe pec�zitted limit;ead (b) e��a�aiready colle�ted it�m Borrower which -
<br /> .{:. '� exct��permitted limita will be refrm�-2 w Borrower.I.ender mag ch�ra make ttiis reivad by reducing the
<br /> � �,. pri,s�:�al uwEd under the Note ar.by m�isL�uz�a direct pu��ent to Borrower.If a��:nd roduces prirtaipal,ths reduation
<br /> W's:9 t5a treated as a partial preg�.�.at�rititn�.�t any prepn3 sneni charge under thc r�aitts:
<br /> ' � 14.Notices.Aay aotics to BorrovrEr�xravided for ia thia Security Inswsn�tt s�all be�ven by dEliveting it or by
<br /> � _�.;• mailing it by tirst clasa mail untesa applic+�i�l:�s law requirea usa of another rnethad.The aotic�shall be direc4ed to the �
<br /> � . Property Addresa or any other address Bonower desigaates by notica to Leader..�4r�y notice tin��nder shell be given bq _
<br /> � �' � tir�t clas�mail to Lender's st�3i�ess stated harein ar anq other addre�Lendes dr�gnates bp�otice to Borrower.Any .-
<br /> � � � � nnixar provided for ia this 9ia�rit'�r Iflstrument ehaU be deemed to have bren p.uta�r�BortoWSr or Lender when givan
<br /> ` a��vided ia tbis patagrapiy.
<br /> �r' 3S,Gaverri;:ag I.�w;Saverability.This Security InstrUment�nlE be ga��ned by lederal law and tha law of thv -
<br /> '....� juriaic.ccion ia ct:ucb the Property ia locatod.Ia the event that any pr�svision ar cl�e of this Securit3c Iastrument or tha =
<br /> �� A'Qt;�r.,��lict�with applicai�l,�Law,such conflict shall not affect other provisians�ff�hia Security Instrumcnt or the Note
<br /> � �` whiatz can ba givan effaK ait!`.uut the conflicting proviEion.To thia end the prav�.sions o4 this Secwity Yast�vment nnd _
<br /> - .' ti�f3�te ara doclared to ba severable.
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