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<br /> at tho aption ni l.endcr, ii mortgage insurencc cuv�,uba (i❑ tha s�atmt �nd !or the �r�x ttiat Lan��r re�oir�a? _
<br /> providcd by An insurcr anproved by Lcndcr ngnin b�comr,a nvailable nrtd is obtained,Dorrower shall pny the premiume
<br /> rcyuiccd tA n�uintniu r��oet�aEc insurnnce in e4feet,or t� �r�vide n los3 resoeve, until 2ho requirement Por mortge�o ��
<br /> ineuranca ond�in accordanca with any writt�:n egreament batwe�n Borrower ond Y..e�nder or applicable law. _-
<br /> 9.Ine�sectioe.I.ender ar(ts egent may make reasonablo entrieti upnn end inspectiona at tho Property.Lender ehell -
<br /> givo IIorruwer natica et tho timo oi nr prlor tn an inepectlon specIfyi;�g ceasonablo causo tor tho inapeatlon.
<br /> 10. �ondemn�tlan.Th�pracceds af any eward or cleim for dsr�tegea,direct or consequenttal,in connection wtth
<br /> eny candemnation ar other taking ot anq part of the Praperty�or tar conv�yence in lieu of condomru►tion�aro hareby �_
<br /> a�,ig,ncd nncl ahRll he pnid to Lender. �_-
<br /> !n the event o�a totsi iaking ui ii�u Fr���ty,ihc g...�.,..�.:�:sa!!�sppli�3 Lo ih�e�!?ma w'r.nred hy tius Sceuri4y
<br /> Inetrument,whother or not then due,with any excess paid to Borrowor.In the uvent of a partial taking ot the Property in
<br /> which tlia fair matkot vefuo of the Pro}�,erty immedtately beforo tho taking is equal to or greater�hen tha amount of the
<br /> sums secur�d by thIs Sxurity Inetrument immedidtely before tho taking,unlcss Aarrower and Lender atherwise agcee
<br /> in writing,the sume sccured by t.�»e Security Instrument shall be reduced by tha amount o!the proceede multiplied by
<br /> the tollowing fraction:(a)the total amount of tha sume sccured immediatoly before the taking,divided by (b) tha toir _
<br /> market vatue of the Property immediatelY before tho taking. Any balance shall Ue paid to Borrower. Tn the event of a �_
<br /> partiel taking oi the Prop�rty in whiah the tair market value af the Property immediataly betora the tnking is less than
<br /> tha amount of thn suma secured immediately before the taking,unless Horrower end I..ender oYherwise agreo in writing
<br /> �r unless appl�csble law otherw:se pxovides, tho prceeeds shall ba epplted to the sume secured hy thin Security
<br /> Instrument whether or not the sums are then du�.
<br /> If tiie Praperty ie abandoned by$orrower,or it,aftar notice by Ixnder to Borrower that the condemnor oifers to A
<br /> make an awarc9 or snttle e claim !or damages, �lorcower tails to respand to Lender within 30 deys after the date tho -
<br /> noticn ie giveit.Leiidar ts aathariaed w colleet and upply the praxed�,nt ite�ptinn,either to restoration or ropair oi the
<br /> Propr.rty or to tUe sum�eecured by thte Security 1nRtrument,whether or not then duo.
<br /> Unless Lender and�orrower otherwisa egree in writing,any appltcatinn of proceeda to principal ahall not extend or
<br /> postpona the due date ot iho r.ionthly payments ceYerred to in paraga�aphs 1 and 2 or change the amount o[such
<br /> payments,
<br /> 11. Borrower Not Itol�asod; Porbearanco By Lender 11fot � W�iver. Bxtenaion of the time[or �:yment or
<br /> moditicetion of�mortiution Af the aurris secured by this Socurity Inetrument�ranted by I.ender to nny succeaeor in
<br /> intera+t oi Borrower eh�li no± cr��a«�to rolease the li�bility of Lho oriQinal Horrower or Horrower's eeicccseore in
<br /> intereat. I.ender sha11 not be required o commence procoedin�e �g49i�at any succeAaor in intereet or roluse to extend
<br /> time far payment or otherwiee madtiy�mortiution of the sums eocured by thie Sacurity]netrument by re�eon a!any
<br /> dem�nd medo by tho Uri�iml Iiorrower or$orrower'B auccesaors in inte�est.Any torbarance by I.ender in exerci�ina
<br /> �ny riQht or romedy ehell not be a waiver of or preclude tho exaraiee of�ny riQht or romedy.
<br /> • •__�__ tt_.....a. �..s���...1 C....ys�!i 3�1�ilifv r.wi.n.,.a Thn envenentr�and a¢reemen4a
<br /> �1. ,(1CC0lIIOCS iLlO AsOlstl�i AVwnYt�vua�osv vv• J� �^-'-'
<br /> ot thie Socurity lnatrume�t eh�il bind�nd benefit tho euccessora and�ssi�ns af i.ender and 13orrower,subjxt to the
<br /> ' provisione ot ptragraph 17.BorroNer's c�vonante end egretmente ehall bo joint and aoverel.Any Bocrower who co'tiigns
<br /> thie Socurity Inatru.ment but does not execute the Idote: (a) iA ca-signing thi�Security In�trument only to mortg,��e,
<br /> Qrant and convey that Borrowor'e interrst in the �"roperty under the terme of thie 5ocurity Inetrume�rt; (b) ie not
<br /> peteon�lly obli�ttal u, pey the sums secured by thie Security Instrument;snd (c) agrxa thst I.ender and any ather
<br /> ' Borrower may a�ree to extend,modity,farbear or meko any sccommodations with re�ard to the terms of this Socurity
<br /> Instcument or the Note writhout that BnrroaCr's coneont.
<br /> 13. Loan Char�ea. If the loan eecured by thie Security Inatrument ie subject to a law which eets mmxlmum loan
<br /> char�es. and that law is tinnlly interpreted eo that the intorest or other loan charges coltxted or to be collected in
<br /> ' connection with the loan exceod the permitted limits,then: (a) any such loan cherge shell be reducod by the amount
<br /> nec�seary ia reduco the chat�e w tho permitted limit; and (b) eny suma alreacly collceted from Borrower which
<br /> eYCxdod permittod limite will be refunded to Barrower. Lender may choose to make thie refund by reducing the
<br /> ' principal owed under the Nnte or by mnking a direct paymeat to Bonower.Ii a retund reduc�principal,the redtx:tion
<br /> • aill be tceated ea n partial prepayment withoi�t any pnpayment char�o under the Note.
<br /> - 14.Notico�.Any notice ta 13orrow�r provided tor in thie SxurIty Instrument shail be given'�y delivering it nr by
<br /> mailing it by firet class�nail�mless applicnblo law requires use oi nnothcr method.Tha notIce shell be diroctod to the
<br /> Property A,ddresa or any other address Bonower des8gna4es by natice to L,andcr.Any notice to Lender sh�tll be given by
<br /> ti�st class mail to Lsncier'e nddreas stated her�in or any other address Lender designates by notice ta Fiorrower. Any
<br /> � notieo provided for in ihis Sncurity Instsum�nt shelf ix ciamed to hnvo bean given io Bon�,wcr ur i.c�iv�w�ti��vtn �
<br /> � as provided in this paragraph.
<br /> � 1S. Governin�I,a�v;Severabitity.This Security Instrument shall bo governai by federal law�nd tho law of tho
<br /> , jurisdiction in which tho Property is located.In the event that any provisicsn or clause oi this Security Instrumont or the
<br /> Nou conflicts with applicable law,duch conflict shall not attcct other provisions o!this Security Instrument or the Notn
<br /> witich can be given effect without the contlicting provision.To this��nd the provisions ot thia Security Instrument and
<br /> the Note a�e dcclnred tn be severable.
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