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<br /> payments m;►y no longet be regtnired.at the aptioa af l.ender.i€mort�gc insurar►ee covesage(in the amtraits sutd for tlte pesiod
<br /> that I.eaQer requires)pmvidea h,�an i�urer approved by Lender again heoames availabte and is o�tained. Borrowcr s�;aU pay �~
<br /> the premiums required tn maint�im m�rt�age in�urance in effe�t.or ro provide a loss r�erve,ua3i!th�:req�ire�rtent for rrwttgage
<br /> insvran�ends in uxordan�x�vith any w�i!ten agreement between Barrotiver aicd Lcnder or appGcab!x tativ. _
<br />: 9.Ic�s�sectdan.Lender or its agent may make reasonable entries ugan and inspectinns of t�;Progerty. Lender shal!�ive =-
<br /> Borrower notice at the time of or prior to an inspection specifying reasonable carue inr the inspection. _
<br /> 10. Coademnatton. '3'he proceeds of any award or claim for dama�ts, direct cr conseg::enual, ia connection arith any --
<br />-'f+� condemnatian or other takin$of any�art of the Progerry,or for conveyance ia Le,u rf cond ��tion,are t�cre5y assigned assi!
<br /> ' �'f shall be pa'sd to L.ender. =
<br /> 4 In thc event of a tatr,�l taku� of tlRe Pro �"
<br /> . � g Pert}'•the proceeds shall be applie�to tl�e sums secund by this Security Insirument.
<br /> whether ar nnt then due.with a�e.QCess paid to Eorrouu. In the event of a partia! taking u+�the Pn�rperty in which c6e fa'u
<br /> ` maricei vajae of tI�e Frag�rty imrs�ediat�ly ryefore the talaug is equal to or greaier t9.w the a�aunt of the sums secumd fay this
<br /> =_;: j S�urity dc��uarEat imr�.,�.�atety��fTSr.�t.�e ta�ng.unt�ss Bo:rower aad Lender othetwis���n writing,the sutns ser�.��by {}
<br /> � t� this S�rity Insd-.nn,.°t�t_5"talt�.'�sit�[�bY the er�r,�ant of the �ceeds ,��G�t�� C� f�z�: 2 .�ize. �l"
<br /> :� . . P ����' ' -�3 a�t ()�°�
<br /> ':F ` amount of,h$s.tat;�RU>.�'icart�sl4silt�I',�r U�"{:�'v�s:�ng.divided by (6)th�.i�r�tit;,�n�iie�af t�n:L��{ser�?i�.��',�'I�� •
<br /> ��� hefore tIi:, ar�^��j��re�;r3.�.1'us:�ti:��ie�izzwer. In the event of a partiaf 9alcirag�a��i:e Progerty in afiich s�f•air
<br />;:�:� � .
<br /> _ ' martcet��7�z�r°�.:�.�i9n�zcy ira:-gedi;�t�f:�bsfore tL-e taE�ng is tess than the azaeaat of rt!e s►ims sea�rc�immediate{�r be�ore the -
<br /> .• taking,un:es�Ban,ow-err atid l.ender ot��u.°rv�se agn�e in writing or nntess appiic�tste taw othena�'i�provides,the prQCZa�s shall —..
<br /> 6e applie:t to the sums serured by tliis Saauity Instrument whether or uot tbe sums are the0 due.
<br /> '� If the Progerty is aGaadoned by BYrower.or iF after notice by Ixnder ta Bormwer that th�oonsiemuor offera to make an
<br /> (� award or settle a claim for dnmages,Bcsrower fails to respond to Lender within 30 days aftx�the date the no2Ice is given.
<br /> �, Leader is authorized ta collcp ttnd a�gl.�•?he procceds,nt its option,either to restoration or rapair of the Ptngerty or to tts�suma -
<br /> � I'. secured by this Securip,�In�tturnenz.w{u;eher or not then due. #
<br /> �� Unless Lender ur�d Eurrower o�tl!9�awisc ugcee in writing. uny applicatfnn of pracceds ta principal shal! nat extetx!ot —.�
<br /> jpostpone the due date c�f the monthly�ymenrs re(erre�to in paragraphs 1 and 2 or change the nm�unt ot such paymentg.
<br /> Il.Baraawer 1Vpi iiale�;F�r6A�ance By I.ender l�ot v'Walver.Extensian of thc tirr�e for paymcns or rt�odif icatlon '�
<br /> ; oFnnwrti�tion of the aum�secured by t��is Seeurity Instru�nent grantW by Lcadcr m any sacocssor in fMC�st of iforrower shal! �
<br /> ��� nat opemte to retease tho 11abUiry of ti�r original Bomow�er or�orrowe�'s successors in intcrest. 1.ender at�9l not be rcya�red w
<br /> � � commence pma,^�in��a�incs any suc�essor in interest or refuso t�eatend time for payment oJ olhera�ise modifgr a�rtir�tian
<br /> nf the sums sea�red by� this Security �.trsttument 6y n:ason of any demnnd made by the ortr�'nul Barrower ar Bonnwer's
<br /> � : suaressors in interest.+Aay fo�o�u�ance by Leader ia exercising any dght or remedy shall aat be a wafver of or prec2ude the
<br /> . .�..� exercise of any+riaht ar remedy.
<br /> � ; IZ. S'uooessor�r aaQ Assfgm Bcva�t�doSni and Severnl Liabflity,Co-5l�aers. The wveirants and agreemenu of this
<br /> � '� s Security tnstnunent�sh�ll bind and br,ts,efit the successozs and assigos of Lender and Borro�•¢r,subjoct to the provisions of
<br /> pamgrapis 17. Borra.v�;r's oovenonra s►ttud agreements shatl be�oint and several. Any Borrow¢r who casigns itus S�uity --
<br /> Instrum�t but does not exeaue the f�i�.�e:(a)is co-signing this Seauity L�srivment anIy tw a:ongage.gctnt aad convcy tbat
<br /> � Borrawer's interest dn,ttte PrapeaSy ur9r�s�the tcrms of tIus Secar;:t�,�Instrument; (b)is r.at�..w�ally obligate�tn pay the sums
<br /> sec�ued by this Securi�j Ins�ua-.erst;ar.�d(c)agrpes that l.eader r�t�y ather�arrower map cy�to extend.modify,for�ear or
<br /> • mase any aoco��iaas aith¢e�t Qo the terms�cft t�3s�r�-y��smunenY,s�r.t�?.�Not�ni�:�.�thuS B�°rrry.�s�r's cons�.
<br /> !3.Lcfan Ctsa��q.If the tcan:securcd by t�:.3��.>.�ic-y�.»ent is suiiqzcuc-:v�x law wr�rdtt s,.s��u��jv�s�n toan c�;.:r;es, , �°
<br /> aaQ tit2L l�a�is Snaltyt inte�gret�d so"t9r�i the intxs�est or othe�i,�!�charges wllected br to te ecr]t�.,�i:�wsnnectiou r�,id�>Ehe
<br /> tne�ex�.�tte permitted limits. thmait:Q:t,k artY sach.toan charge il:,�l be rednced by the am�u¢t�.t.�.�..�,j'r,�s reduce the'�::�iatge r�� •'
<br /> • �� ts�tiu�'�tted IiraiYt�and(b)any aqih,�-u{;aady collected from Borrower wluch exseeded��f�+�r,�.�will be refundtd to -
<br /> . .�" ,�..� •. ��a*ran�r'er. Lendet ms choose ca mtrh:_ t�is refirhd b reducin the
<br /> ;�. :�: �" Y B Princigal owed u�e:x�x Nois dr by making a direct
<br /> PaYm�r►t to Rnrr�wan. tf a refund z�aces principal. the reduction wilt 6e ueated as �; �uxtial. PrePayaient without any f
<br /> �' °� PrepaYment ct�arge un�er the Nate. . , _�,,
<br /> I4.PTaiia�.Ai�j+notirz to fdorn,��i�r provided for in this Securiry Instrument sball Ee�j�t,m' 6y,dellvering it or by mailing
<br /> '.� • � it by first class manl•ual�s aypliaub�s�E'a�r tequires use of another method. T6:�etice shai�i',+c�.�irecicd�,;,G°k.e P[opCrty Address' —_
<br /> or suy other ad,�res�.�Barrawer desi�trates by notice to I.ender. Amr noticc t�[„Pndcr��.�.(i fre givr,��►bg�.5rst class ma31 to ��
<br /> . Leacter's address sLZt�herein or any�other address Lender designates by nai��a M•u�Eorro�,�.A�r�ae 1c��vided fqT:in this -,�..
<br /> Seeurity Insttument s3saU bo deemad ca�have been given to Borruvr;�or Lender w�en give�a�3�m�vided in�r.;:5.�,aa����}i�:,'..
<br /> 15.Goveenfng..Luw: Sevcrnhtif�y. This Security Insnu.�t shatl be govem�d b;: federaf Iaa•• �r-,�-ttie �iv of the
<br /> •. juri�diction in whicb,tho Pmperty �s��acated. In the event that any provision or clause of this Sscurity�atut�-*�em or the Nota
<br /> . conflicts with applica�ale law.such coaflict shal!not effect other provisions of this Security Insw�ena oti��w Qupte which c�n 6e
<br /> : given eff�ct without tl�es conflictic�II p;ovision. To tlus end the provisions of this Security Instrument m�d the Note are declara�
<br /> ., to be severable. . � .
<br /> ; 16.BorraRes's Q:opy.Borrow�r;ha116e glven one conformed oopy of the Note and of thts Security Iastrument.
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