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<br /> at the option of I.ender. if mortgage insurance covera� �in the ataount and for the geriod t�at Lender requires) «,t.
<br />� ptovided by an inevrer approvcd by Lender again becomes availa�le aad is ohtsined.Bottower shatl pap the premiums ;?�;,
<br /> rEquired to meintain rnsortgage insurance in eifect,or to provide a lo�reserve.until the requiremeat for martgage k-4�:;
<br /> ' insuraACe en8s ia accordaace with eay written agreement batween Borrower aad Lender or agplicable law. ?'
<br /> 9.Inspectian.I.eader or ita agent may muke reasonrible entries ugon arid insp�ctions of the Psogerty.Lender e3�all ''••�,�
<br />___ g'�ve Horrower aotice at tha 4ima ot or prior to an inspec3ion specifying reasoaable�ause for the iaspection.
<br /> 14.Condemaatioa.Tha proceeds oY any swgrd ar ctaim for�3amages,direct or c�sequential,ia canaection with
<br /> ��.� any coac.�mnaiian or other taking oF aay part of the Propertq.ar for conveyance in lieu of oaademnation,are herebY •
<br /> .,� assigaed and shall be paid w Lender. .,
<br /> In the eve,at of a total taking of the Property.ths prucads shall be applied to 4he sums secuted by tius Secusity
<br /> Instrument,c�hether or noi then due.Prith any egcess paid to Borrower.In the event of a partiai taking of the Property ia -��.�_
<br /> � which the fair market value of the Property immediatelp before t�e taking is equsi to or greater L�the amouat of the 't,;�_
<br /> ' svms secured by this Securitp Iasttvment immediatelp before the taYing.ualess Borrower and i���otherwise agree ..;.
<br /> in writiag,the suma secured by thie Security Instrument ehall be reduced by the asnount of the pro��cls multiplied by • .�,�;
<br /> � the followiag iruction{a)the wtal amouat of the sums secured immediately before the taking,s?a?i'�i3ed bq tb)th:fair =,;`;;F
<br /> ' market value of the Pmperty immediately before the mking.Any balance shall be paid to Borra�s.In tlie eveat of a ��.`-
<br /> partial taYiag of tiie Pmpertq in wlsich the fair markei value of the Property immediately before��king is less thau �'.
<br /> the amount of the sums sec�rned immediately before ttte tatcing,unl�Borrower and Lender otb�e agree in writing �
<br /> or unle�applicable law otherwi� provides, the proceeds eha11 Ue applied to th$ sums secvnd bp this Security ��,
<br /> Instrument wheti�er or not�s sums are thea due. .��`=�
<br /> If the Property is abaudoned by Bonower,or if,after no2ice bp Leader to B�nzro�*rer that the conde�naor oxFe7s to ���'
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<br /> maife an uward or settle a claim far damages,Borrower tails to respand to I.ender within 30 dapa after the date ihe �.;;:
<br /> �� aotice ia given,I.endet ie authorized to col�ect und apply tha proceeds.at s'm�tion.oither w restaration or repair of the ��.`
<br />_ ' Propertq or to the soms sxured by this Sccurity Iastrument,whet�et or a�t�sn due. _s.,._
<br />"�°� Untess Lendar end Borrower o�hhsrwise agree in writin8>�Y aPPlication of proce�s to principal shall aot est�d or --
<br />.. postpoae the due date of tt�e mouthlY Payments re£erned t�ia ParagraPt� 1 sad Z�a�r change the a:nouat eff such __=..
<br /> —- P?Yments. -_ -
<br /> !1. Bonower Not Beleased; Forbeara���y �sder Not a Waiver. Estension oY the time for paymeut or _-
<br /> modificatiou of amortization of the surus s�hy ttis Secusity Instrument gcanted by Lender�any svccessar in _-
<br /> iaterest�ff�orrower shall not operate to release the 1:3'��.'itp of the arigIaal Borcower or Borro�zr's sucoe�nre in �j-,.
<br /> ,.`-".� intereEt.�ader ahaU aoi be required to commence proc�'snga agaiast any s�ssce�or in interest or refu�e tz3 eStend
<br /> time f�payment or otherwise madify amortization of the eums secured by this Security Insttument by reasoa oi any Y;
<br /> � demaud made bp t��r'sginal�orrower or Bar-�wefs eucce�ore ia interest.Aay forbearauce bg d.ender ia ese�rcising �',
<br /> .`f a�►y right or remedy�sil not be a waiver oi or gre�sude iue esarcis�oi��i�,�os:�u.�. � `'
<br /> �•�!` 12.5uccessois aad Asai�ns Hound;Joia�aad 5evesal L�ability;Co-signers.'I'iie cflvenants and agreemcnts �.
<br />`<�� of this Sc�urity Instroment ehall�.ad and benefiE the succ�ore arid assigas of Lee�es and Borrower,s{abject to the _
<br /> . provisions of ParagraPh 17.Borroar y:t�wvenaats and agre��ats shall i�e joint and s���2.Any Barrower who 0o sigas . —
<br /> thia Security Is�trument but does not esecuse the Not� (a} is co-signing ttis Securirgr Ynstrum�t oaly w mortgage� _
<br /> _ gcaut aa,d coavey that Bonower's iaterest in the Property under the t�ms of thia Security In�ument; (b) ia not � --
<br /> personally obligated to pay the sums secured by this Securitp Ipstnsmesit;aad (c) agce�that I.ender an3 aay other
<br /> ':;' Bonower may a�e,ee to eYtend.medify,forbesr or malce ang��ommodations with regard to the tcrma of this Security
<br /> � Instrument or tha Note without t���Borrower's consen�
<br /> F 13.Losn Chu�aa If the lca�secured by this Secvrity Inshvment is subject to a law which sets maYimum loan �_-
<br /> "� � cAargea aud that taw is fiaally interpreted eo that tho iaterest or othc��oan ct►argea collocted or to be collected in
<br /> ,, j. con�stavn ai'�n'wv 1a��:�ttta i...�=2i,�"a:ssi�.i�x:-;s:sy��zhA•ge s�!iw,r�x.�1?y the amount --
<br /> .�. :� ne�aty to reduce t�r charge to the perraitted li:nit; and (b) any susns atreadq collected from Borcower w�ich �.:;—
<br /> �YCeedod petmitted Iimits w;11 be�ivaded to Borrower. I.eader may choose�to m,�ce this sefund by reducing the
<br /> priacipal owed ustder the Not+s ot'�s+j malci�g a direct payment to Bflrrawer.Ii a refu�rl ecduoes priACipal,the reductioa
<br /> will be treatecl as a par�al prepayment without eny Ptepayment charge uader the Note.
<br /> � 14.Notice�.Ar��odce w Borrowe�'pros��ed for in ttus Security Iastrument eAall be givea by detivering it or bq . .
<br /> mailing it by firet class mail unle�applicable Iaw rcquirea usa oP enather mathod.The uotice shall be directod to tho
<br /> ' ,.�� Property Address or any other addre�s Borrower designates by notice to I.eader.Any s�ntica to Lesider ehall be given by
<br /> ' �• � tirst class mnil to Lender's address ststed herein or any other addtess Lender desigaates by notice to Borro��•AnY _
<br /> ' :�_; notics provided for in tlus Secarity Instrumeat sha11 ba deemed to have been g'�ven to Barrower or Lender�rh��ven
<br /> j as providcd in tlua Pa*eS�Pb• �
<br /> � 15.Goverain�I.�w;Sevorabilitq.Tius�wity Instrument sha11 Le governed by federal lasv atid the law of tTM�
<br /> ��c; jurisdiction in whic8 the Praperay ia lacated.In Lhe event that any provis�or clausa of this Secwity Is�sttument or tha ' �
<br /> Note conflicte with applicable la;w,�xh wnflict shall not aflect other pro�isions of rlira Security Instrument or the Nou �
<br /> .':� �,� which cxn be given effect witha�.-�s c�e oonflictiag provision.To thia end the provisrn.�of this Seewity Iastrument and
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<br /> the Note are declared w be se,werable. �
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