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<br /> " � � payments may no lan�er be requin�,at thc optian of l.ender,if martguge insumnce caverago(in the am�wnt und fnr the pe�lad �:� _
<br /> _ ' ,'.: � �hat Leiuier requires)pmvided by on insurer approv¢d by l.ender a$ain t+ec�mex nvuilubls und is obtaincd. Bcirrower sholl pAy �__;_r��;:;�._�_
<br /> � „ the premiuma reyuired to maintain mortguge insuronce in effect,or to provide a losa re�erve,until the rcquirement for martgage _ -
<br /> eq
<br /> � " ' ' incurenee ends in accordunce with uny written agrcement betwaen�armwer und l.�nder or applicable luw, __
<br /> ' ' � 9.l�pectlon. t.ender or its ugent mny mnke reawnublc entries upon and inspectlans uf thc Prnparty. I.cnder shell �ive
<br /> ' ' �• Borrawer notice at the time of or prlur ta nn inspection speclfying reasonable cuutic ii�r�h�inspertiim. _
<br /> �,...�------
<br /> ` " 10.Condemnaqon.The pra:cais of any uward or claim for damages, direct or cc�nxequentiul, in cnnnectinn wi�h any �
<br /> - , �� condemnation or wher takin�uf uny pun uf th� Pmperiy,o�for convcyancc in licu of condemnution,are herchy awxigned und �-_-__--------�- ---_..,_
<br /> . shall be paid to lxnder. --
<br /> � ' ° In the event of a totAl takin oi the Pro n �he raceals shall t�e a Ifed t�thc sums sccurcd b Ihis Se�urit Instn�ment. �_�'"�--
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<br /> '� ___ =- whether or not then due, with any excesc paid to Borrower. In the evant af u partial �king of thc Pr�perty in whirh the fuir �,�,n�---.
<br />.: , - - -
<br /> � ..�.,:;,:, � market value of the Property immadiately bafore thc tuking is oquel ta ur grcutcr than the Amount of'the sums xxu�cxl by �hin �=c�-==
<br /> ' ���:;`;s''Si::•,• Security I�strument immediately beforo the talcing,unless Borrower and L.emler ntherwise agrce in wriiing,the sum�sccured by i�=:�=w
<br /> • � � �._�::�a� �_.--
<br /> , � �:t • lhis Security Instrument shall he roduced by the amount of the praceeds multiplied by the following frnction: la> the total � .,� _ ._
<br /> " 'i? "•� �• , � nmuunt of the sums secured imn�ediately Nefore thc iaking. divided by fb►the fuir market value oi�the Propeny immediately � �
<br /> rf ' ',,�.. � •• befar� the taking. Any balance shall be paid to BoROwer. In the evcnt uf u p�rtial taking of the Praperty in which the fair -;�;;�-vv-.,���_
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<br /> ; � ,,�,.,;<<?�.,;,;.:,,�,,, . market value of the Property immediatcly beforc the tuking is less thnn the amaunt of�hc sums ucured immediately bcforc the ,Ai�:::._s..,.,�.,
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<br /> , ,,;}�����i' r , laki0g,unless Barrower und l.ender othenvise agrec in writing ar unless app1icAble law otherwise provides, the praceeds shall ;:`;:'°` __ -
<br /> ,��`; ,��i � be appliod ta tl�e sums secured by�his 5ecurity Instrument whether or nat�he sums are�hc:n due. ��-�
<br /> ,;�,;;�,. . . If the Property is abandoned by 8orrowar. or if,after nntice by L.ender to Bcirrower that the cundemnor offer�to make an :�,.�
<br /> ,Yxj;,;�;� ���• � ,� award or setde a claim for damages. Rorrower fuils to respond �o l.ender within 30 days u fter t hc dute I h� natice is given. ••• ;_._. ?
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<br /> '�r;�;ry � ' L.ender is autharized to callect and a I thc roceed�,at i�s o tion,either to restaration or repair of the Property or to the sums `'`" `-_ �.
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<br /> � � secured by this Security In�trument, whether or not thco Jue. + _„
<br /> �� Unless L.ender and Borrowcr iitherwisc agrcc in writing, any appliration of prceceds to principal shall not extcnd ar ___ � �
<br /> .,�; � • . • pos�ponc the due datc of the monthly puyments referred to in purngraphti 1 und 2 or change the umount of such payments. �°°"=_
<br /> �� �� 11.Borrower Not Released;Forbearance By I.ender Not a Walver.Extensian nf thc timc for puymcnt or mcxiificntian ��►�_---
<br /> ' of amartization of the sum+secured by�his Security Instrument grunted by I.ender ta uny succezsor in interest oi Borcower shall ' �-
<br /> ' ., not operatc to relcase thc liubiliry of the origin�l&�rrowcr or Barrowcr's xucccssors in intcrest. Lc.ndcr shall not be rcquired to �
<br /> :so in intercst or rcfus�to ex�enJ timc far a meM or othcnvisc mcxlil'y amunizntion �r=�_��,�
<br /> commence praceed�ngs agamct uny succe� r p Y ;s, '_��,_ _
<br /> • of the sums secured by this Scrurity Instrumrm hy reo,on �if uny dcmund made by thc originul Borcower or Borrower's � •
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<br /> successors in interest. Any fort►eurance by Lender in exercitiing any right ur remedy shall not be u waiver of or preclude the ��
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<br /> - - .-. exercise of uny righ�or remcdy. _'_� --
<br /> 12. Successors and A�i�mc Bound; Joint and Severul Liebility: Co-si�ners.Thc ruvcnums and ugrcements of this ;.,.�. ���`'�� ;
<br /> Security Instrument shall bind uncl lx:nefit thc wrcessors und assigns ��f Lw:nder anJ Bonower, subjec� to the provisions of �,t:';�;^!`w"^°� � !
<br /> parogruph 17. Bc�rrowcr'x rovenuntx anJ ugr.xments shall be jaint und ,evcrol. Any Bi�rrower wh�� artiignti �his Serurity '•" �,�.- `
<br /> � � •. Instrument but docs not executc thc Natr: 1•r► i,ru-.igning thiti Scrurily Instrument only to nx►rtgagc, grunt und convcy that ..+., �
<br /> Borrower's intcrest in thc Property undcr thr tcrni�uf this 5ecurity Ins�rumcnr, �b) is nut persunully��bligutcd to pry the .ums i '
<br /> secured by�his Security Instn�m�nt:und Icl ugnx+that Lcndcr arxl an��othcr&�rrowcr muy ugrcc to extend, nxdify, fa�r or .. • - •� ��
<br /> make ony accommodutiom with roEurd w thc t.miti of this Sc�urity Intitrument ur�he Note with�wt that Borrawer's consent. "�s' ��3
<br /> •� . 13. I.oan Cha�rs.If thc luan xcured by thi,Scrurity Imwmcnt is subjcct to•r luw which sc�s muxirnum k�an charges, ' �"�"��
<br /> nnd thut law is tinully interpRteJ+��thut the interrsi ur ixhcr liiun churge.cullerted ix tu bc:collec�ed in cannecti��n with the . .___��: -�
<br /> loun cxceed the pcnnittcd limi�ti, then: lul an�• ,uch k�un rhur�c +hall F+e reJurcd hy thc umount ncccswry to reducc thr charge � • `�W'���
<br /> � '-.;.•-,--_
<br /> to the permitted limit; mxl Ib1 uny sum.idnuJy rullrcled t'ri►m Burrowcr whinc�zccc�kd perniittcd limits will bc refundcd to
<br /> , • Bonowcr. Lcndcr muy ch�wxc tu mukc �hix rcl'und h�• rcduring thc principal i�wcJ undcr thc NiNC or by making a dircct '•
<br /> payment to &►rrou•cr. If a rcl'unJ redurcti prinripul. thc rcduction will hr t��ua�J as •r partial prepuymcnt without uny ,,,,-��-__
<br /> prepayment chargc undcr thc Notc. �`�+���'-�"
<br /> • 14. Noticcs. Any notirc lu fi�ttrawcr pr��viJcJ ti�r in thi,Scrurity In�trununt,hall hc Fivcn by dclivcring it or by mailing r' '=�^�"-
<br /> it by tirct class muil unless applicublr law rcyuirc+ u�r ul'urn►thrr mcth�xl.Thc niHire.hull hc dircc�ed to th�Property Address � "�`=��;'�
<br /> . ' . ur uny other addres� Borruwcr dc.ignu�e. h� nnticc �u L�ndcr. Any� n��tirr ta Lendcr ,h•rll he given hy lint rlass muil :o � "•`'`�'�'"-
<br /> :_•.:r.��-
<br /> . l.ender's addre.r•ti stricd hercin ur any� ��thcr uJJrcti.LrnJcr dr���nutc+hy nutirc �o &�rrcn��r. Any notice provided for in this 1 ,,;�,..:a�.'.
<br /> �� Securit Instrumcnt shull bc dcrnud to huvc N�cn �iecn t�� &�rruwcr ur Lcndcr��•tkn giv�n us pnrvideJ in this paragraph. L`' , �=g-`
<br /> Y b E � '��°i,.
<br /> 15. Governl�Law: tiever�bilit��. Thi.5crurity In.trumcnt .hall h¢ �ovrrn.vl h�• tcJrral law anJ thc law of 1he • ..
<br /> jurisdiction in whirh thc Prapcny i. lucat�d. In ihc rvcm �hat an}• pruvi+ion nr rlau.c ut'thi, Srrurily Imtrurn�m ur thc Notc ��,
<br /> � rontlicts with upplicaMc luw.wnc�imllirt,hall n���al'iect oihcr pruvi�i�im ut'thi.Srrurit� In.lrum�m ur thc Notc which ran tx: ,
<br /> given eff'cct without thc c�►nllicting pravkiun. 'f���his rnJ the rrovi�i��ns��t'thi. 5crurity Imtrumcn�and thc Nolc urc dcrlared �
<br /> (O�1t:\l'Vl'filh�l'.
<br /> 'c 16.Borrower's Cupy. Burruwcr.hall hc givcn�mr runtiirmc�f rup�•u1 thr N��tc and ul thi,Security Instrumcnt.
<br /> Fam 30Y9 91�0
<br /> . Payo A al(i
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