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<br /> it th0 OpL1011 OI 1.GfldCr, i� morig��. lit&Urinl'C COVEia�C tl�� ii�a G�i�vUui Si1.ai �:.: ti�� �:.:i't..�' :�:�5 ��-^•�wr rnm��ry4t� _
<br /> providal by�n insurer�ppc'oced by l.ender ar�in bocomes rv+ilrblo�nd ia obtainal.13�rrower shall pay tho premiums
<br /> required tn mtrinuin mortra�o in9waneo in e(ior.t,ar to provido a lass rocecvo, until the requircment tor mort�s�c _
<br /> insun�x;e enda in�ccordanco with any written i�ceement between Iiorcower and I.enrkr ar applicablo low. _
<br /> 9.iaspection.L,eader or it�c�Qcnt m�y mQko reasonablo entries upan and inspec�ior�s at the Prope.-�ty.I.ander ahs1� _
<br /> eiva Ibrrower notix at th:.time ot or prior to an itupoction cpocifyinQ reasontble cauee fur the inapaetion. _
<br /> !0. Condemaatioa.Tho pracoeds ot cny�w�rd or cl�u tmy to��dam�A y�A 1 uoi wntndemnatio�re hereby =
<br /> any conciamiiati�n or othor tnking ot ar�Y turt oS tho Pco
<br /> asei�ned and shail bo p►id to I.en�er. _
<br /> In tho event o4 a toul trking ot the Property,the p.roceads sh�ll b��ppliod to the suma securod by this Sa:urety _
<br /> Instrument,whether or not then due,with any exc�eas�xid to Borrower.In the event o4 a partiAl ui�ing of the Propesty in _
<br /> which th�t�ir muket v�lue ot the Propes'ty immodiatcly betoro tha takinY is oqual to or greater than the amount ot the
<br /> sums socured by this Socw�ity lnsttumeat immedi�tely befora tho taking,unlcss Borrower and Lender oth�rwise ogree -
<br /> in writing,the suma secured by thie Security Instrument shall lx reduced by the imount of the p�aceeds multaplied by
<br /> tha tollowin$frsction:(e)tho total�mount ot the sums secwed immadiately betore the taking,dividod by (b)the fair
<br /> markct valua of tho Properiy immodiately lxtore the ta{cing.Any balance shall bc paid to Borro�er. In the cvent ot a
<br /> partial takinE of the Property in which the fair marlc�t vdue oi the Property immodiately before the talcine is lese tt►an
<br /> the unmunt of the sums secured immediately before the taking,unless Borrower sad Lender otherwise aErx in writin�
<br /> or wile:ss xppliabl� law otheraise provid�s, the proceeds s}s�11 be aPPlied w the sums securod by this SxwtitY
<br /> Iastrument whether or not the s�ms are then due.
<br /> It the Property is abendoned by Borrower.or if,�fter nvtice by I.aider to Borrower that the condemnor off�rs to
<br /> make a�n award oc sniUe s clum for damagees.. BorroAes'fails to respor.d to Lender within 3Q da}s atur the date the
<br />= notice is�;i�ea,Len�kr is authorizod to coUect u�3 apgly t3u procoeds�at its option,dth�es to�estorstion or sepair of the
<br /> PropectS or to the suma exured by this Securitp Iastruma�t,whether or not then due.
<br /> Unlem I.ender usd Borrower oth�rwiee a�ree in�riting,anY aPPlication of pra.�eods to PrinriP�l sha11 nat extetsd or
<br /> pc�etpone the due elate of the moatlilY PaYm��*�� � in pua�raPhs 1 end 2 or chnn�e the an►ount of such
<br /> P�Ymante.
<br /> 11. Borrower Not Relwsed; Forbear�nce By Lender Not � waiver. Fa�tension of the titne for payment or
<br /> modification oi amortiz�tion of the sums secured by this Security Instrument granted by Lender to anY succe�or�n
<br />- bntcnst oi Bosrower sh�ll not opente ta release tho liability of the original Borrower or Borrower's successos's ia
<br />= interest. I.ender s2sa11 not be required to comm«�ce procoedin�ga a8sinst snY successor in interest or refuse to exund
<br /> time for pymeat or utherwise modify amortir�tion of the sums sxwed by thia Security Inetrumeat bv reason of any
<br />_ demu�d mul�by t3re ori�insl Borrower or Bars�ewer s successors in interest.Any forbeuanco by I�'iu axercisin�
<br /> any ri�at or remody sbsll not b�s waiver of or preclude the exerciae of aray right or remedy.
<br /> t2.Succe�sors md Aui�Bouad; Joint and Seceral Liability;Co-si=nera.The cQVCaants and a8rxmente
<br /> oi this Sxurity Instrument shall bind snd benefit the suoceseore and esel�ns ot L�det' asul B°ci°wer�subject to the
<br /> provisione of puagraPh 17.Borrowa's coven�ats md cgreemente sha11 be joint and several.My B�rrower who co-signs
<br /> this Security Instrumeat but does not�xecute the Note: (�) is co-eigcung this Socwity Inetrument only to mort�e�
<br /> - - - - �'„Q. �.,.�M,.,v�;► th�t RorroMer's interest in the Property under the terms ot this Security Instrumeat; (b) is aot -
<br /> persoaally obli�ted to pay thc sums sxured by thia Security Instrumeat:aad f�l i��ihaL i.c�uia:r,� :.-�i:•t2�.� . .
<br /> Borro�ver may agree to extend,modify.forbar or mike aay socommodatioas with regard to the ter�ss of this��tY
<br /> Inshvmeat or the Note without tbat Borrowu's oonsait.
<br /> - 1;, Loaa Chartes. If the loan secured by this Security Instrumeat is svbject to a law which s�te muimum loaa
<br /> chu�es. ond thst iaw is finally interpret«1 so that the interesK or otba�lwn charges collected or to 1x collocted in
<br /> - coauxtion with t�e lwn exxed the permittod limite. then: (a)aay such loan char8e st�all b°reduced by the amouat
<br /> = neoes�ry to reduce the chuge to the permitted limit; �ad (b) cny sums already oollocted [rom Bortowar whic�
<br /> eioeecRed permitted limits will be refunded to Bonoa►er. I.mdsr may chooce to make this s�fund by red�in�ttu
<br /> pcincipal owod ua+c�ec the Nou or by makiaE a direct ptymeat to Borro�ver.If s teivad reduccs priacipol�tL�raductioa
<br /> witl be tsa:ed�s a gortid pcepaYm�nt witts�ut anY PnPaYment charge under the Note.
<br /> 14. Notices.AnY noticc to Borrow�*P�°vidod for in this Socwity Iasu'umeat shall bo given by delivering it or by
<br /> msilinE it by first cliae msil urilese applicsble law requires use ot snother method.The notice stWl be directed to ttu
<br /> property Addtese or my other address Borrower desi�ates by notioe to Lender.Aay notice to Lendet shill be�iven by
<br /> fitst class mail to I.ender's�ddress stiud herein or aay other address I�nd�w'des+�oates by notice to Borco�er. Aay
<br /> _ notic�provided fac ia this Secusity Instromeat shall be deemed to have been Qivea to B.�rrower or L.ender�vhea�ivea
<br /> - ss pruvided in this PuaBnPh.
<br /> - 15.(�ovemin�Law;Se�erability.This Security Instrumeat shall be governod by federa2 kw and the taw of the
<br /> � jwiediction in which the Property is locatod.In the event that any provision or clause of this Security Instruereeat ar the
<br /> = Noto conilicts with applicable law,auch coaflict sha11 not�ffect other Provisions of thia Socurity Iastrument oQ the Note
<br /> : which can ba givcn offecs with�ut the confL+'ctiag provision.Ta thia eed the provisiona of this Sccurity Itsstruraent and
<br /> ° tbe Note u+�declared w be soverablo.
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