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<br /> at the aptioa of Lender, if ma*tgage insurasece caverage (in the amovat aud for the period t�at Lender requirea) �_
<br /> . p�rr,�id�.:ty sa is�us�er opprave3 h;L:n��*�?n b�m�availab4e tuzd is abtained Borrower ehsll pay the premiuma ��;,_Ty;�
<br /> <`,� rEquired to maintaia mortga�insurance in eYfect,or to pmvide a Inss mserve. until the nequirement for mort�age —
<br /> iusurauce ends in axordnace�ntii suy v�sitten agre�ment b�Eween 8otsower ead Lender ot applicable law. .;:,
<br /> 9.Iespectiun.Leade�or its tt�ent anay make rzasonmble entries upan and inspectiops of the Propert9.Leadet ehsl! �---t.:
<br /> ;��_.
<br /> giva Horrower aotice at thc time oi ar prior to an iaspxtion spxifyin�reasonabie cause for the inspection. ���-
<br /> 10. Coademmation.The p�oeeds of any award or elaim far damsges.d'u+ect or cnnsequential,in eonaectior+witt► � :
<br />. aap candemnation or other saYiag ot any patt af the Propegty.or far conveyeace in lieu of ooademnation,are hereby .:;:
<br />--�� assign9d end shall be paid to Lea$er. � `���
<br /> - In the event of a tntal taking mf tho Prop..°rts.ttx�x�s s!'"tl be ap�lied ta the sums secused bq ti,is�ecurity _ _
<br /> `� Iastrument,whather or not then due,with aqq e�ss paid to 13orrowcr.In�the evenE of a partial taking oY the Prop�rty in _,;'�
<br /> r
<br /> �vhich tha tair market value oi the Property immediately before the taking is equal w or greater than the amonnt of th$ ,,,�;-.
<br /> sums ozcured by this SecusitY InsErument immediately before the taking,wnless Borrower aad Lender othertivise agree _:`�-:-.
<br /> ' it►writing,the swns sx.vred by this SecuritY Instrument shall be reduced by the amount of the pracseds multiplied by Q=-_,.
<br /> the tollowing fraoNon:Ia�the wtal amount oi the sume secured iffiiaedintely befare the tnking,divided by(b}the fair �=�._'v:
<br /> '',r market valu�of th�Property immediately befora the mking.Any balance shnll ka paid to Borto�er.In the event of a �,j
<br /> psrtiel teking of th$Property in which tha fait raarket value of the Praperty imntediately�efore the takiag is le�thaa r.
<br /> h• ��:
<br /> the smount ot the su�s sec�ued immediately before the mking.unles�Borrawer aad LeIIder otlierwise agres in wsitiag •
<br /> • or unless� applicable Iaw otherwise provides, the praceeds shall be apglied to tAe sums secured by ttus 5ecurit9 ��'
<br />,,..:_- Instrument whether or aot the sums ere then due. �;
<br /> If Lhe Propetty is abanctoned by Bortower.or if.after notice by Leader to Bonower tlu�t the condemnor offers to �-�.
<br /> make aa award or settte a claim for damages.Borrower fails to respond to Leader witlun 30 daps aftet the date th$ �-=�
<br /> notice is given�Lender is authorized to collect and applp the pr4ce�s,at its option,either to restoration or repair of the --�_
<br /> �� Prog�t.p or to the sums secured bp tlus Security Instrument�whether or not then duc. �`_;,
<br /> .'_ �:�+�rsr�Len.d�r and Borro�er athern►ise agree in writiag,anY aPPlication of procads to principal s�all aati estend or E,:
<br /> postp�r,:y��du�date of tha mantWy paYments refe�d t° �n Pa�'88rap�s 1 and 2 or chnuge the amouat of such _ _
<br /> . tII �.'-'.�`
<br /> �� �y Q$�n+��rer Not Reteased:Por�2earinx By Leadar Not s�siver. Estension of the time for pay�ent or j�:.
<br /> modi�scation o4 amortization af ttce suma secured by this Security Instrumeat�ar�nted by I.ender to anp succesor in �-�--.
<br /> . intertst oi�Borrower st�sll noi operate to release tha liability of the origina! �crrrower or Borrower's successors ia �;;
<br /> • iaurest.Lender shaU not be required to cr,mmence proceediags against aay successflr in interest or refusa w extead ___
<br /> � time Por paym�or otherwise iaodify amortization oi the same sECUred by this Sec�rity Iastrument by reasa.n of any �i
<br /> dernsstd mrzc��b_a the original Barrowes or Borrower's successo�ia intsmst.A4.a forbearanca by L,ender is eserciaing , � -.
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<br /> �r�.��rmr�nedy shall not be a waiver of or preclude the eaercise a€aay righ�ar;��medy. _
<br /> 1�,a��essors aad�issigns Boand:Joint asd Several LinbiPity;C�-si.gs,�rs.The coveAants an���,�ementa
<br /> of t�iis�e�c�n�itY lnstrument sball biud aud t:ene4it the sacceseors aad�gas a4'�nder aaai Borrower.subject to the �.
<br /> provisions of p��raph 17.Borrower's curr�amtte and agreementa shs%��Ie�urx�ad several.Aa*_.�Panower who co-signs _--
<br /> ,�' thie Securitq�n�2�wment but dae�not�c�s..s�cute the Not� (a)is co-��iag ttsi�a�ecuritY Insa-,uxaent oaly to mortgage. �_.
<br /> � ,;:: graat�and convay tl�aat Bona�.°r's interest ia tha Pmperty under the terms u[!tlaie Saurity Inatrumen�(b} ia aot . �,,,�::
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<br /> personally obligated to pay�s svfne secured by tbia Se�ritY Iast�ument;and S�$agees that Lender aud sny other --..
<br /> � Borrower may agrea to eatear3,atodify.forbear or maks any accflmmodations with regatd to thc tetma of ttus Securitq �,;--,
<br /> _ lnstniment or tha PIote without 4t�a4 Borrn�we;s co�n� � �
<br /> .. 13.Loan Ctisrgos.If tha loan socured by thio Security Jr�ssttrument ia eubject to a law wluch s�ts mayimum loan — .
<br /> e�rges�snd that law is finelly iaterpseud 6o that the inurat or other Ioan charges collceted or to be oollected in _
<br /> � c:Um�tactioa with the loan eacced ffie permitud limita,then:(a)anY such 2oaa cl�rge sball be reduced bp the amount —
<br /> rr��c�sa*9 w roduea the charge w the permitted limit; and (b) enY aums already eollectad from Bornc.c� wluch _-
<br /> �� e�tseeded permit�ad limite will be refunded to Bonower. I.e�der may choose to raake this r�fund by c��g�e
<br /> ad
<br /> �=� • priaeipal owed under tha Nota or by mahiag a direct payment to Borrower.li a refund c+�ucea psincipal.ttaa saducii�an �-:`
<br /> �"':;` , will he treated as a P��P�Yment withf,tc�rt aaY P�P$Ymeni charge uader the Note.
<br /> 14.Noticea Any notice W Borrowa:pa�ovided ior in tbi�Security Ins'itumentshaU ba given by delivering it or bq
<br /> mailiag it bq first clasn mait ual�ss applicable law roquires use oi another met�.ar�.TAo fl,otice shall be dirrcted to the
<br /> . Propertq Address or any othes addresa Borrower designates by nodce w Lender. ,,, noticc to I.ender sha11 be g'�ven�by .
<br /> Crst class mail to Leadei's address stated herain or any other addre�Lender C�ignates by aotice to Borrower•AaY
<br /> ... aotioe grovided.tor in this Securitq Instrument shall be dcemed to have bcen given to Borrower or Lender Nhen g�vea
<br /> a,providad ia thie paragraph.
<br /> � I5.Goveraing Law;Severability.This Securit��.�strument shall t�e go��ned by iederal law and the Iaw of the
<br /> ' ° nr�diction in which t�a Proparty ie located.In the eve�ztt that anq provieion or cimuw of this Securit�b�stt^.uxs ent or the ��-
<br /> . Note coaflicts with applicable law�auch conflict sha11 itot aftect other provisions o�ttus Sxurity Instn��.�s4^.n tha Note
<br /> .. w1uc�can be given effect without the conflicting provision.To this end the provieions o4 tbis Seckrity�.�:n:ment and
<br /> � the Nou are dxlared to be severable.
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