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<br /> • at the option ot l.ender, it mart��e insuranctl c:a�'erQ�a (in tha amount and tar'ttl� t4��t I.cnder requires) -
<br /> pcovided by m insura approvod by I.ender a�ain b000mes availtble and ie abulnod. IIarroaer shall pay tho premium3
<br /> roquirod ta mRintain mort���o i�u�;zRnce in nftxt,or ta provide� loss reservo, until thc roquirement for mort��e
<br /> insurence ends in�ca�rdance with any writtaa a�roement bctwoen Borcowu�nd I.ender or applicablo f�w.
<br /> 9.Int}xction.I.ender or ite�teat m�y mika rn�nYblo entrie�up�n and inspections at the Property.l.ender ah�li
<br /> �.._n.,._........,...:,.....t�..,�,N���nr nri��to�n iruaectioei�poeifyin�reasaat�ble ea�cce tor the inapecdon. •
<br /> �.............._. ....-•---- --
<br /> l0. l;oadomnatioa.'Thc�ncoodc ot�nY award o�claim[or dam�ree,3ireet or eonsa�uenUU,m annnociivu wi�i►
<br /> �ny condemnation or ott�.r t�lun�oi any Qart of the Prapetty.ar for con�•oyance in liou oP condemnation.uo hereby
<br /> a�i�nod�nd ahall be pnid to I.eader.
<br /> In the eveat oi� tatal tilcin�ot tt►�Property,the prooeeds shs1� be�PPl�ed to the sums secured by this Socurity
<br /> Instcument,xhethar or not tAen duo,with uny eic�as paid to Borrower,In the event ot a partial takin�af the Proptrty i� _
<br /> wiucl�tho fur market valuo ot tho i'ropeMy immedi�tely before tho takin�is oqual to or grater than the amount of the
<br /> sutns exurod by thia Security Itisuument immodi�tely hetoro tho takin�.wiless Borrowe��rtd Lend�r otherwise agroc
<br />, in writinE,the sums exured by this Socwity Instrument s}WI be roducod by the amount ot the pr�ceeels multiplied by
<br /> tho followin�fracdon:(s)the total�mount ot the sums socural immodi�tely betore the takinE.divided by (b)the iur
<br /> mukot v�lue of the PrapertY immodi�tely SrSoro tha t�Scin�.Any balence shall be paid to Borcower.In the event oi a
<br /> partid takin�ot the Property iQ which tho tair muket value of the Property immodiately before the takin�ia less than
<br /> tha amount of tho sumy socurod immediately betoro tho taking,unlesa Borrower and Lender otherwise aqroe in writinP
<br /> ar unless appficablo law otherwise provideB, the proceads sha11 be spplied to the sums secured by thie Socurity
<br /> Iaatrument ahether or not the sums are thet�duo.
<br /> It the Property ls abtndoned by Borcower.or if.atter notice by l.ender to Borrower thnt the condemnor offers to
<br /> make�n awud or eettic a clum for dam��es, Boreower f�ils to respond to Lender within 30 days dur the dau the
<br /> notice is�iven�La►da is authorizod to oollect aad�pply the pro�xeds,at its optian,either to nstoration or repsir of tbe
<br /> Propa�ty or to the suri�a aacu.;,d bp this Secur�ty Instrument,Mhether or nc►t then due.
<br /> Ualess I.endor usd Bortower otherwise ap�x in writing,any�pplication of procoods to principal sha11 not axtead or
<br /> poecpoae the duo dato of the monthlY PaYments refer�d to ia paraeraphs 1 and 2 or chsn�e the amount of such
<br /> PsYtaents.
<br /> 11. Borroever Not Rolessed; Porbearsace By Lendor Not a Wsiver.Ertension of the time for payment or
<br /> moditicatiaa ot amortiz�tion of the suma exurod by this Secwity Instrument granted by Lender to any successor in
<br /> intereat o! Borrower s1W1 not opa�ate to rele�se tho liability ot the ori�iaal Borrower or Borrower's succeseore in
<br />- ints�rest.L�enclsr shsll aot be requitod to oommasce Onoc.'oedia�s i�inst aaY successor in interest or refuso to extead
<br /> time for payment or otherwise modify amortizition ot the suma eecurod by tAis 5ecwity Inscrument by reaafln oi wY
<br /> demand made by the oripitul Borrower or Borrower's sucoessore in interest.Any forbearaace by Lasdet in eia�cisiuu�
<br /> aay right or remody shatl aot b�a waiver of or pcncludo the exercis�oi any right or remedy.
<br /> 12.S�ors aad Assi=at Bound;Joiat md Several Liability;Co-si jn�rs.The coveaaats sad agrameata
<br /> � of this Socurity Iaswment shall bind aad ben�fit the sucoessors aad assi�ns of Laider aad Borro�a�subject to the
<br /> ' provisioQS o€Para�nPh 17.B�rrower's oovenaats sad agroemente shall be joint usd soveral.Aay Borrower who oo'si�nv
<br /> ' th'ss Security Instrumwt but does not�acecuu the Nota (�) is oo-eigning this Security Insirument oaly to mors,�e.
<br /> �raat u�d convey thst Borrower's inte,rest in the Property uader the tama of this Socurity Insttumeat; (6) is not
<br /> pet�souallg obli�ated to pay t�ue sutns oeCUteG Dy�is�ocwiiy iasi*umwii;anu (�i ��� ::t:�..:w:a3�;�•�••�
<br /> � Borro�ver ni�y a�roe to e:tend�mod.ify.forbar or make aay aa;ommodatioas with reYard to the ta�ss of thia Secwity
<br /> Instrument or th�Note without ttut Borrower's consen�
<br /> 13. Loan Chartw.If the lo�n secure3 by this Socwity Instrumeat is subject to a law which sets muimum losa
<br /> chnrees, and that law ie finilly interpretod se thit the interest or other loaa charQes wllected or w be oollectod in
<br /> oonnactioa wit�the lo�a oiceed the permitted limits,ttun: (a)aaY such loan charge sh�ll be reduced by the amouat
<br /> �� neceaearp to reduce the cl�ugo to the pernuttod limit; �ad (b) anY sums �lrady collxted fram Bonbxer Mbich
<br /> ezceecled permittod limits Will bo ratunded to Borrower.l�eader may choose to mako this rcituid by reducin�tbfl
<br /> pcincipal oMed under the Note or by m�tcing�direet paymeut to Bonower.If s refuad reduae principtl,the reduetioa
<br /> Will be treated as a parti�l prepayment wTithout�aY P�'�P�Ymeat cbarge uada ttu Note.
<br /> 14.Notices.Aay notia to Boms�va ptovided for in this Secwity Iastr�un�at s1vlt be 8ivea by deliverin�it or by
<br /> anailin�it by first class mail unless applicable Isar roquires use ot snother�ethod.The notice sha11 be diroctod to t1►�
<br /> Propa�ty Address or aaq otLer address Borrower desi�natee by aotice to Lasda.Any notia w Lender eI�a11 be givea by
<br /> first class mail to Laider'e a�dress stated herein or iay otha�addrrs�Lender desiQnaus bp notia to BorroWer. Aay
<br /> notia provided for in this Security Iaswmwt stvll bo deemod to bave bxa pven to SonoWCr or Lendet�vhen g'ivea
<br /> as provided in thie Paragn�Ph.
<br /> 1 S.Governin=Law;Severability.This Socurity Inatrumeat sh�ll be governod by foderal law aad tbe law of the
<br /> jwisdiction in which the Property is located.Ia t8e event that any provisioa or cliuse of this Security Iastrummt or ttre
<br /> Note eanflicts with applicable law,such conflict stiall not dfoct other provisions of thia Security Instrumeat or the I�oto
<br /> which can be givea effect without t�e cw�flictin�provision.To this end the provisions of this Security Instrumeat aad
<br /> the Note are declared to be severabla
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