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<br /> payn�enGV may na langcn c�requircd,nt tl9c nptian of Lc�idcr,
<br /> Jf IilOiibil�'C Ip5ll1'Al1CC COVCi�i�'�����11�1qUilE flilt �ii'i 1,:�i�i��i:.� --
<br /> :hat i.eixkr requires)provicled by an insurcr approvcct by Lc:i�icr again bcconcs Uvailablc ar►d i:,o�iain;.cl. Bnrru�vcr,.h��ll E►ay
<br /> the�rremiums s•equfred to roaintain mortgaga tnsurance in effcct,or to pwvido a toss reserve, unt9l the rcquirement fqr mortguge
<br /> lrisurar�ce enda in uccordance with any welttep agreement betwt;en Ha�'cower and l.ender or npplicable law.
<br /> 9.I�epeMion• Lender or its agent muy make reu.sonabic entriss upon And inspections of tha Property. Len�lar shnll give
<br /> Lorro�^er rtnlire nt�he ti�r�a�f or prior to nn insp�cti�n s}x�.ifying reasonable cause for d�e inspection.
<br /> IQ, �axkmru�tlnn.The procoeds of any awarJ or claim fur damnges, direct or consequen�tiul, in com►ec:tioii wiY;�uay
<br /> conclemnAtiun or other taking of uny part of the Propeny.or for cmive.yunce in,l'rea of conctenmation, are heroby assignai snd
<br /> shall be��aid to Lxndar.
<br /> in tho event of a tozul taking of'thc Froperty,the proceeds shall be appliad to tito sums secured by tr�s�urity Instrurrxnt,
<br /> whethcr or not then duc, with uny�xcess paid to Barrower. Ia the event of a partial taking of the Pr.a�crty in wl�ich the fair .
<br /> mr.rket v�lue of�iv=Propeity immediatcly bcfore the taking is ec�ual to or grc�ter th:u� 1he iunount of the sums secured by thiF
<br /> Security Instrument imrnediatefy bef�re the taking,uuless Borrower and I.ender otherwisf:agree ia writing,ihe suuts�ct�red by
<br /> this Security Instrument shall be raluced b� the amour�t of the �roc;eeds multiplial by the following freecaan: Qa) thc total
<br /> anwunt af'tht sums secured immediatcly befqre the taking,divided by (b) tha fair market value of the Property imnxdiatcly
<br /> befure the takin�. Any bala�ice shall be paid to Borrower. In the event of a partial taking af the Pc+op�rty in which the fair
<br /> miuket value of thn Property immcdistely before the tuking is less than tit.amount of tho sums securecl lmm�:dintely before thc
<br /> taking, unless Borro�wer and Lencicr otherwise agree in writing or unless applicable taw othorwise provides,ttw:.�.rc�ruds shall
<br /> be a�piiai tu ii+e sums sccurccl by this Security Iitstrt!meat whethsr or not the sums are then due. _
<br /> If tht Property is aband�ned by Bon'awer.or if.af'ter notice by L.e��der to Horrowor�hat the condr.mnar o3�eca°1n make an
<br /> award or setNe a claim for cinmages. Bonower fails to respond ta.Ler��cr widiln 30 duys after d�e date the nUt�ce is given,
<br /> � Lencicr is authorizG;l�t�e�collcxt and apply thc praceeds,ut its option,cithei ta restornlio�i or repair of the Propcity o,r ta ih�sums
<br /> secur,eil by this Se.o�i?:ity Instrumeqt,whether or not thcn d�re. ��cation of rr�aoeds ta rinci 31 �shali rio2 eztea�d or
<br /> Unless l.encler.'and Borro�4�er otherwise ugr� in writing, any ap�' { P P�
<br /> � postpone the due chnte:of the monihly payments���:Ferred to in pucegraphs �1 snd 2 or char�ge the amount of such payment4.
<br />,.�:: 1�,�rtvv��r`�ot Itdiased;Forbwrari�Pt�y Lender Not a W�i�vev.8xtea5ion of thc timc for paymeut or modifiration
<br /> � of amdrtization a�ilie.eums secured by this Security Instniment gr,u�tciJ�t�y�U�tixler¢o uny successor in interest of Bornow�c:rr rha19
<br /> not qx;rate to rclt�su the liability of the original Bc�rrower or Eonower's successors in��+�taxest• I.cnder shall�xat tre�cquimd to. , ••
<br /> �omrc�enc proceecliugs agaiast any successor in intarest vt reFa�se ro exte��d time for p�yn�ent or othenvise m�dify.naYiortization � . �
<br /> ci u�c 5unu �w:.;+^.w't bj !t!!� �^ni�lw inun�ment-]�y re.�s�n of :u1y dean3nd made by tt►c original Borrow,�F•�T.:E�I11Y�O�JCT�q� �'
<br /> suuc,�sors in int�resR. Any forbearnnce by I.�nder in exercising any r�ght or remaiy shall not be a wfliv4�iif�ir:.��recl�Sa iPie�
<br /> r`� •� 'ez�r.cise of any right or remody. � .
<br /> ' n�. ��ocessoro And pss�ms Bound; Joint and Se�eraii I.iabllfty; Co�tgncrs. t��e covenancs and agrac�rventl,;ch�'thls
<br /> ` Security Instninxnt shall bind and benefit tt� successors and assigns of Lender aud Darrower, subject to the p.mviseund of
<br /> �o..��� Z?, R;,..+nu+fr'c �nvrnant¢ antl a�n�+�mrntc chal( F+r�ni��� gmI st��•GI�I. Any Borrowcr who co-signs this Secutity
<br /> Insttumene but does not eAecuto tlx: Note: (�) is co-signing this Security Instnuixnt only to mortgage, gc�u�t snd convey that .
<br /> Borrower's�ntercst in tt�e Property uncfer the tcrms of this S�xudty Inst�ument; (b)is not personelly ob��$attd to WY�'a���
<br /> securcd by this Socurity Instru►r�cnt;nnd(c)ag�ecs that Lender and eny other Bomow�er may egree to extaxl,rradify.fort�wr or
<br /> � �►wJca any�ccomrnod�tiong with regud co the�e�ms of this Secu�ity lnst�umeni or tha Nuto without that Aormwer's cdnsern.
<br /> 13. i.orn Ciu�racs.If the ian savraf by this S�x:urity 6isG+vment is subject to a law which sets maxemum lcNUt ct�rge�,
<br /> and th�t law is tinally int��precod so ef�at tfw inte�st or other loan chuges collocted or ta be collectod in connectlon with the
<br /> loan exce�od the permitted limits. then: (a)any such lou�clu�rge xhNl bo roduood by the unount neoessary to roduce tlxs cht�rQo
<br /> _ to th�pes►nittod limit:and(b)any sums alre�xty�olloctcd from F3�rrowcr which aacoodal permittod limits will be rafu�nlai co
<br /> - Borrower. Lender may rhoose to make this rePuncl by raducing tha principal ourod under the Note or by malung a ditpct
<br /> - prymait to Borrower. If a refund roduces princlpAl, the�reduction will be tcrAteet �s a p�rtial prcpayment witlxauc•any
<br /> = prepayrnent charge under the Note. '
<br /> !q,l�iotines,Any notice to Bornower provic{o►1 for in d�is Secu:ity Inshwnent shall be given by delivering it or by mai.6ing
<br /> it by first class nwil unless ap}+licxble Iaw ra�uires use of a�wthoc method.Tlx rwdce shall be directod to tht I�perty A,ddri�as ,
<br /> or any ott�cr addr�s Bottawc� des'S�tts by notia to i,cndcr. Any naicx to I.endcr shal! be givcn by firat class mail•t�
<br /> v Leixitr's address statod hercin ar any ather address Lenck;r desigrtates by notirc to Bcirrower. Any iwtice provickd for in this
<br /> Socurity Insttument shall be damod to have Uxn givcn to flurn�wer a•Lcrxkr when given as pc�vldalln this WraBr�ph•'
<br /> 15.Coveroio� Law; 5evernbi�itY• This S�curity lnswmem s}ull be gnvanucd by foderal law ano� the livr of�the
<br /> 17 jurisdiction in which the I'roprr�y is located. In the event that any provision or claus,e of this Security InstTUmem or ttre Naee
<br /> • contlicts with a�plicable Iaw,such conilict sha11 not atl'xi otl�er provisians of�his Socurity Instnimeirt or the IVoQe whict►�.'uo bo
<br /> given efCa�t b•��h�ut the conflicting provision. To this crod the provisions of this Seturiry Instrument aix!tt�e Notc:ara dac.lyre,d
<br /> to be severable. , . ' •
<br /> - 16.8orroever's�opy.Borrower shall ts�givcn one cunfo�copy of tlie N�to ancl of this Secucity l�u�rum�iu.
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