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<br /> paYmeata may no lon,Qer be rcquirad,at thc oWion of Lender.if moitQ�e inswaACe covera�c(�n�e uno►►nt and tor tnc pe�iod _--
<br /> that L,eculer requires)Provided by au insurer aPproved by[.e�xter x8�iu bec°mzs av�ilab2e znd is obtained. Bonower ahall�y __
<br /> thc prea�iutn3 rcGuiral to ruiatain ruortBaBe�nsur�i�eif�ct,or to provide a loss reserve,undl the rtquirc�eat for mort��c �;�
<br /> ia�urance eads ia accordance with any written agteement betwoen Bottower aaal I.u�der ur applicable I�w. d.
<br /> g,Ic�c�ectira. Le.�er or its agent msy�mke reasouable eatria upon aad iatpatioas of the Proacny. Leader sha11 give �'
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<br /> Barcowu Gottce at the dme of or prior ta sw inspxdoa specifyin�reuoa�ble c.�use for the inspecaon• ___
<br /> 10. Condemaat�ou. 'i�e P�of�thye APropenY.or�forfcoaveywoe�ia�liax of condc�mnaYiou. �re hearucciusi8ned ancl �--
<br /> coadecnaatioa or othu takio,�of any put =�
<br /> shall be p�id to I.eader.
<br /> Ia thc eveut of a total taking of the Property,thc Prooeeds s�a11 be appNed to the sum9 cocural by this Socurity iaswmeat.
<br /> whe4her or twt thea due. with�ny ezc�ss paid to Bc,rcower. In the cveat of a putial taking of the Pcoperty ia which thc fair __
<br /> maricet value of the Praperty immodiately tsefote the taking is oqual to or greater thaa ttu�awunt of thc sums secured by this
<br /> Socurity Instmme�t immodiztelY before the taling.ualess Boaower uul l,eadu otherwise agra in wdtin�. the cums secured by
<br /> �s ���y insuu�oeat shall b�reduad by the imouat of the pmceai9 multiplied by the following fractioa: (a) the total
<br /> • • amount of the st�sxurad imusediatelY Def�re the taYinB. divided by (b)the fair m�rku v�lue of the Property immodiatelY
<br /> before the takin�. My bz1u� stall be Pud to Borrawu. In the evcnt of a partisil talcing of the ProAecty in whicb tlie fair
<br />. market value of the Property immaliat�iy bofore the takinB is less tt�aa the amount vf the sums secured tmmodisuly before the
<br /> u�cin$,ualosa Borrower and I.eader otherwise�grae in writing os unless npplicable I�w otherwise pcovides� the pmceeds shall
<br /> be aQpliod W the sums secured by this Security Insmimmt wbether or aot the:ums are thea dae.
<br /> If the Propaty is ab�ndoaed by Bonoww,or if,�fter notioe by L�eader to Borrower that the oon�e�uor offers to m�ke u�
<br /> award or satle a cl�im for damages, Borrower fails to respond to I.ea�kr wiihia 30 daye after tbe due the aotice ir givea,
<br /> Lea�er is autlwrized w collocc�ssd apply the proceeds,u its option,either w nsWratioa or repaic of the Property or to the sua�
<br /> sxured by this Sa�uity Ins�u�s�t.whethu or not thea due. —
<br /> UNess L,esttfer aad Bo�ruwu othetwise �rOe in writing, anY aPPlacation of procoeds to princips�l s2u11 not exuad or
<br /> postpone the diae d�te of the monthiy PaYmeatc refernd to in paragraphs 1 wd 2 or chan,ge the amauat of such paymenw.
<br /> 11.Borrowa�Na�ed;Fw�be�raaxe By t.eaaer Noe a w�iv�r.Exuasion of ihe ame for p�ymeac or modiflcatio�a
<br /> of amortlzatioa of tbe sum�sec.x:carod by thit Saudty Insttumeat 8ranted bY i�der t°�°b'aw�cess°r in interest of Borrower sh�ll
<br /> not opuue to rtlease the liy?�tlry of the original Borrower or Borrower'�successors in iaurest. l.ender oh�ll not be rrquired to
<br /> ��ence pcviceodia�s a�ainst�ay successar in iaterest or refusa w ea�tead time tor paS�meat or adurwise modifY s�mortizadon
<br /> of the wms aocured by this Security Iasuvmmt bY t'asQa of any demusd made Ny the oc�ginil Borrowa or Borrowu's
<br />- ' wcassore ia interat. Any forbear�ace bg Lwder in exer�ising aay right or nmedy s�aU not be a waivu of or pnclude the
<br /> exaciae of my rlght or remedy. 'ibe wve�oanu aad a�toements of this
<br /> 12. S�ocero�s ao�l A�s1�Ba�ad; Jdat and Sevenl Iy6i1kY: Co�a�-
<br /> ce��ritv instnimmt shall biad �nd be�efit the uscassoss �ud atsigns of I.eader a�d Bomower. subjxt to tbe provisiout of
<br /> par�gt� 17. B�trowet's coveaaats aad a$roemeots shall be joini inQ sevaai. 'wy Bor�vwu`wi i►w-:i�:�L:»�..�`�; � _
<br /> Instiumeat but doca not exocuu the Nou: (a)is oo-slgning tbis 5aurit�'ia�trss�=odY���e. Sraat�ad convty that
<br /> Borrower's interest ia the Propaty uader the terms of this Sxurity Insnumear,{b2 ia not penoaaUy obligated to pay ttte wms
<br /> secured by this Security Iaummeet:�ad(c)�8rees t1�I.eader aad aay othar Bomovicer may agrx w extead> modify,forbeu or -
<br /> mr,ke any acoommodatioac witl�rogud to the tams of this Security Insuuaoent or t�e hote witbout that Borrower's coaseat.
<br /> 13.I�a(.71�l�!!.if the lodn seCUled by th3s Security InstluIIl�is subjeCi W�liw whiCh iW m9�i�m�rn lp�p�QCS�
<br /> wd thu lsw is fin�lly intaPraed so th�t the interat or other lwn charges coUxud or to be collxted in caaneciloa vvith tho
<br /> loan excad the permitted limits.thw: (a)aay such lwa c]ur�e sh�ll be roduced by t2se�a�ouat naess�rY to taluce the chuge
<br /> to the Permitud limit; and(b)aaY wa�s s�lre�d}'oollocted it+om Borrower which ea�ceedal persaitted llmiu will.be refuaded to
<br /> Borrower. Leoda may cl�oase to m�1ce this refuad by reduci�tlK Princi�al owed uader the Nou or by e�sicing a direcx
<br /> PiY�t to Bor�'°a'a'. If a nfund reduces Pri�iP�1� tbe reductiwn will be uatod a� a parti�l 4�WY�t without any
<br /> pc�syment chuge uader the Note.
<br /> 11.Notie�.Any notice to Borroaer provided for ia this Saa�rity Instnuneat shall be givea by deliveriqg it or hy m�ilics�
<br /> it by first cl�s�ail ualess applkable lxw roquires use of�aother metbod.The aotice ahill be direa�od to the Property Address
<br /> or any otl�a addrao Borrowa desige�tes bY notice to L,cnder. Any notia to Imder sh�ll be givea by t"irst clus �uil w
<br /> I,eader's adRk+eu stated baeia or any otl�er addres+I�ender daign�tes bY notice w Sorrowa. Aay notire provided for in this
<br /> Seauity In:trumeat shall ba deenood to ha�s bem givea to Barrower or I�eader whea givea as pmvtded ia thi�pangraph.
<br /> - u c..�._.:;._ �...•� fi..�r�bilitr. 'Ilsis SecuritY Instrumeat sh�ll be govemed by faleral law �nd the law of the
<br /> _ - - ,juri�dicria�n ia whicL tlse ProQerty is lucated.In the event that aay pmviswn or e7�:se or en�s �oaui�y �ssw�,u.�u�� :;,;..::.::.
<br /> conflicts with apglicabie iaw.such conflict t�U not affoct oilser provisions of this Security lactrumeat or the Note which caa b�
<br /> jirea effax v�isbau the contlictio�Pi'o�is�o�.To this end the pmvisioa4 of this Security instmmeat and the hoce ue doclared
<br /> �����• Ineemm!nt,
<br /> ' 1f.Borrower's Copy.Borrovrra sball be p,7vea ox ceaformed oopy of the Note aad of this Sa�ritY
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