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<br /> �_ t-"� `so `�` l�e st d�e option of I�eeder.if moet�e,insunooe cover�ge tin ihe miaunt and for d�e periad : ".
<br /> p���. I°°�er �equi'�� `
<br /> - '.;-tM�t Zs�det`raP�I i���Y�i���PP��'�bi►`l��6+��av�il�bie amd is o6tained.�o�mNra sial['F�Y . . ,
<br /> t¢e Pi'n�eiwe�tQquieed to a�iio�in mo�ts+i/e im�°°�iA effeet,a'ta pcovido�bss nservc.uo(til�he t�uic+anant for moRs�e ..
<br /> imo�ario�e aeds in�000id�noe�rI�h any�rriqm�ra�ait betwroea Bo�Ow�er and i�en0er ar appficaMe taw.
<br /> __-_. _ - - . ; a . __..__ _- --- - • . . !_�w�-,— — - -
<br /> ---.- Bosi+�ex:�ae at the dnie af�p�to�l inspeaion speci�ytn$rea�le a�s�e for d�e iaspectioti. •
<br /> _ � li.Caie�tM�.'!1�p�+uooeds af say awud�or cWm far dam�ges.dis�ect or consequeMial.in oonseeuRo w►��Y� C
<br /> • 000ddmdtion a atl�er atina oE aay put of ti�e Peoperty.ar for oonveyance in tia�of�ondemnation:an lu�+eby aulgned md `
<br /> n6�t!be giud to L�ender. . _ , _ .. , _ . ' - -
<br /> •� - Ia die eveat of a tw�l taidaa of d�e Prop�ty.the Pmaeds�hall be appliod to tLe snms savred 6y�his Security Iastnwoent. .
<br /> �bet�er a not t6en dde.wI#h aaY excess P�id w Borro�FTn tY�e erent of a psrti�l`talong of tbe Pmperty in w6id�the ftir . .
<br /> —` miu�et v�tue of t6e F�vpaty imtnedia�tdy txfo�e tb�taiciag is tqual to or gntiter tl�a tTu amount of tLe sums secutod,by this
<br /> Securky Iastiame�i�odiatety befas�We taltios,uuiess Borm-�..�aad I.eada otbeiwise agc�ee ia.writing,tde sums secut+ed by .
<br /> mis Sdeatity l�uona�t tb�tl be mdaad bY the amauaC of tAe proaeds multipIied by the following frxtion: (a)the tonl
<br /> �mo�uat of tl�e wms`se�ured immedt�tely befa+e 4he talring,d'ivide�d bS►Ibj the fair market vatuc of tde Pmpe�t9 inm�ediatelY
<br /> 6efort tbp tatioE•An�►6Jma sh�ll bc�aid w Bormx'rer.Int�e tveat of a pattial talang of-t6e Pcopeccy in wdich the faa
<br /> <. om�ricet valo�e of We Prapaty iriimodiatdy befae the taidng is less ti�u the amau�t of tbe�ums sav:ad�mediatelY before dfe. •
<br /> - pk'sng,unfess Bo�m�ver�ad Leader atbe=wise agcee-iu wridng or anIess�pplicaDle faw at�erarise gmviil�the p(4�eds sb?�ll- .
<br /> - . be nppliod to.the wtm sec.v�ed bY tbis Sa�unty iasaumeot wt�dher or aot tLe sums ane then doe ' ' . .
<br /> _ � iF tAe Pmperty is abmdoned Isy Borrowtr,or if,atter no6o�by L�eader to Botmwer that the ao�r offets w maToC an :
<br /> - a�vacd or�eWe a claim for d�, Bortnwer fa�.c w�eapon�xo i.�ender within 30 days aRer the date the uatice is given. .
<br /> -- Lpder is auhorized to eoilact�d apply tLe prooeed4,at itsoption,'�eifherto nstoration or npair of tbe Pi+operty or to the stm� —
<br /> �.� �ecated 6�►t6is Saurity Ins�umaK,wbedier ar nat ti�en due.': `. . ` - -_ --
<br />- Unlas l.ender ud Bor�o�wer otbe�wise agnee ia.wrid�ag, anY �PP}ication of pro�oeds'to principai sha11 not`c�coe»d or _- -
<br />-_ postpone the dqe date of ttie awat6lY paya�ents referrod w in puagraphs 1 and�2 or change.the amouot of such pa�rmenCS. - __
<br /> - 11.Eoetwwrr 1Vot Rdarea;Fas6e�rs�oe nY Lc�der Not s Nidvee.Exteasian of the time for psqment or nadifii�tion� _
<br /> of amorti�tioo of the sums secured by this Soeurity Iiutrumeat graatod tiy I,eader to u►y s�uxessor in ir►t�i�est of Hormwer shail �" ��v=.
<br /> . � - aot operate ta oek�se�the liability of tbe origiatl Barnnwer oc Eauaower's syoxssors iu intec�t.I.ender shal!not 6e sequired w _ ,;<�^=�.�.:"__`'=�'
<br /> •�.�� . �p�ce�ings againsc�ny swecassor in inkc+est or ncfiue to�xte�pm�for pay�aent or othenNise modify�at - _. '�'�
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<br /> ;- of the sams sxaced by this Security Ias�nt by rcasoa af any,ite'rt�and,made by the original Borrower or':�omnwer's ;,..� �=:_ -
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<br /> - �ssoes in intecc�,Aay fqcbearance by Ixnder i�exercisirtg a�iy'.tig[�nr�emedy shall not be a WaiYer of or proeiade the , ji�'�- :
<br /> _ SpC�'CS Y�.•`�-�,,s1
<br /> - Y`, e�tercise of aay rig�cx temody.. ' � ��. , :�,
<br />, - �,.� IZ.Sooeeari�si�d As�na Bousd;Jofut aod&vaai Liability, Co�g�ra. Tiie covenu�u and agrxments of this � �=�i��.
<br /> � ' � Security I�suumea� sl�il bird and bencfit the successors ari�assigns af.Ii�ader and HoFrower,subjeet to the pravtsiaas of
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<br /> Inst�17., Borrower's covenwts and agrcenxats s1�a11 6e`joint and seve4al. My Bbtrower who casigas ttus 8ecurity ',-�:�%r,-';g�..
<br /> 6at does�sot eaavte the Note: (a)is co-signing this Security Iasavment only to mottgage,_g�aat and eaa�ey th�t ' �'��;��
<br /> . Bornnwer's iaterest in the Pmpecty uader the terms of this Securtty lnshumeet;(b)is not personally a�ilig�sed to pay the sums `�-, �.`'� �
<br /> .:�Ls/.}Y�..
<br /> • savred by this Securiry Instiument:and(c)agras that Lenderand any ahcr Borrower may agree ta eaterrd,modify,fo�br,�r or sx�=:� '. '�-_'�
<br /> _ m�C�any ac�ommodatiuus with regard to the tem�s of this Securiry Insuument os the Note without that Borrower's consent. r=� . :� - -
<br /> l3.Lo�n C6�ea.If the toan secured by this Security Instrument is subject to a law which sets cnaximum loa�e ci�arges, ;: �. . ��'`._�'
<br /> - aad that law is finally iaterpreted w that the interest or other laan charges colte�.-ted or to be collected in cont�ection sith tt�e : `���
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<br /> • foan eaceed the permitted limits.then:(a)any sach loan charge shall be reduced hy the amouat necessaiyr to redua the charge v
<br /> to the pemutted limit:and(b)any sums alrqdy collected from Bosn+wer which exceeded pertniaed limits will bc refundd to � : • _ -_
<br /> Barrower. Lender may chaose to make this 'refund by roducing the principal owed under tde Nae or by matting a dire�t '�
<br /> ` 4 �; payrtKnt to �orrower. If a refund reduces principai, ttu reduction will be mated as a parti�l prepayment witbout aay -' a
<br />. . -,�:. P�Y�nt charge uncler the Note. ' . . °°�'
<br /> 14.No�kss.An notice to Hnrrawer roc`�far in this 5ecari Instrument shall be ivert b delivering lt or b m�ailin ��
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<br /> � '.�i,��' , _� it by first class mail uNess applicable law requines�se of another methal.Tbe noticc shall be directed to the Praperty Address _=�
<br /> ' T� •��f��'�; • or any other addresq Barrower designates by notice to Lender. Any notice to Lender shall be givon by first class mail to ' . � =-
<br /> Lencler's$ddress stated herein ar'any ather�ddress l,ender*�esignates by notice to Bonower. Any notice pravidod for in this „- _'' ��
<br /> � � Security Instrument shall be dcemod to have been given ta�ir-ower or Lender when given as provided in this paragraph. . - . -
<br /> . _: :s:��.� 13.Governit�Ltw;Serera�ility. 'i'his Socnriry lnstturnent shall be govemed by federal law and the law of the , ,.. ';.'�
<br /> ,�����;�•;,� jurisd"uction in which a�tc Property is located.ln the ovent that any provision or clause oi this Security lnstrument or the Note I�
<br /> , � '�'' �, ` canEliets with apptiplaie taev.such con�lict shall not affect ath;r._provisions of this Securitx Instrument or the Note which cat►6e ' :. .
<br /> . . ,; �.,�. � �' �
<br /> -:�,. given effect without the wnflicting provision. To tfiis end tbe provisions of this 5ecurity lnsttument and the Note are declared � .;�,�;•;�:�;
<br /> �`�`•...: �. .. .to be severable. � ' .
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<br /> � '. '-:.:'��-�:•:- � 16.Borrowe�s Copy.Borrower shall be given one wnfom�ed copy of the Nnta and of this 5ecurity Instrument. � ,`. ;�°;
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