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<br />' payme.nts may no longer be required.�t tho optian of Lender,if martgaga insus�!�ce coverage(in the iunount and for the period
<br /> ._,,;�� that i.ender requixes)prov(ded by an insurer upproved by Lender agnln become9 available and i�ubtalncd.Borrowcr shall pay
<br />_�;` the premium�v requited to maintsin murtgage insutance in effect,or to provide a los9 rescrvo,until the requlreraent for mangago
<br /> � insurence end�ir�a�cordanca with any written agreemeut between Borrower nnd I.ander or npplicable luw.
<br />'Y°„w'�a� 9. InspeMlun.Lender ar ita agent may mnko reasonable entries upon and inspectlon�of the Proprny. Len4er ehall give
<br /> . IIonower notice nt the time of or prlor to an inspectlen speclfyinR rcasonable cau.�for the insp�ction.
<br /> ' 10. Co�deinnatlon. The procoedn of any Awarcf or claim for damages, dinct or consequential, ln co�unxtion with any
<br /> :�;;� condetnnatlon or nther taking of ar►y part of the Properry,or for conveyance in Iteu of condemnation, are henby assigaed and
<br /> - �s�i ahall be paid to Lender.
<br />: '� �,F� Ia thc oveat of a totul takinE of the Property,the procceda shall bc applicd to the sums secured by this Securiry Instrument,
<br /> � `� whether or not then due,widi eny exce3s paid to Barrower. In the evcut of a pArtlal taking of the Propeny in which tha felr
<br />' ,� �� mnrket value af the Property imjnedlately bcfon the taking ia equal to or gnater than the amount of the sutt�s secuned by thi9
<br /> _',,; r, Securtry Instn�ment immallately befarc the taking.unless Rorrower and l.�nder othcrwiae agttie in writing,the svms aecuted by
<br /> �-'�'=�� dtla Securlty Instrument Ahall bc rcduced by the �rnount of the proceeds multipliod by the followtng fraction: (a) the total
<br />,`.%�4my 5:
<br />__�;G',.A,;, amouat �f the sums cccured imnudiately before thc taking� dividcd by(b) tha fair mu•ket v�lue af the Aroperty im�wediately
<br /> �-=� n•=' beforo the taking. Any bulancc shaU bc paid t4 Borrower. In tl�.e�v�nt of n partial tu6�n,�of the Peoperty in which tho fnir
<br />_?:t�,��4;".;:� markec valv��of the Property imnted3Ately before the taking is l�s r,�su2 the am.ouns of e�r.e svms accureci immcdiately b�f��e the
<br />='�v�,w�a taking, wrlyc,3 Borrower and Len�a w:rSerwise agree in writing Qa v.c�ess a��lisable law crrJt�,.rwase pmvides,the proceec��st�all
<br /> _�;';�;� b:agF'•r�t�a e��s s.^��;.r.,�!�y¢Eces 5.°curity Insmunent w�ctC;,r cr rot t���s�ar�,.n c•.ua.
<br /> ��„;�?h�+� If¢l4e�perty is a,'�amdonod Eey l�aarower.or if. after nodoe by I.endep co�orrower thas ehe condemaor offers to make an
<br /> ''"�""�' award ma s�:1^�o a Glaim for damaga�s, kEorrawer f�ils to nsgor�¢cn d�nder wit�in 30 days a,.�er the date the uodce is �iven,
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<br />:?il �„ Lea:�:a ns a�uthorized to collect and�w�'�•4�e prceteds,at its opti�n,2i�1►er to restoratloa or c�,�nir of the Property or to the sums
<br /> �sec3 D���ihis 5ecurity Insuument,o��7�rt'�er or noi thon due.
<br /> �'��� Unlea.g Leuder and Bomower ot�rrwlse a�a�it�wrltivg, aqy applicatic�n af procseds to principal shall not extend or
<br /> _ }.wstpone tha due date of the a2onthly paymenu re�ss�r.d to in par.�grapbs 1 rwd�•ar change the amount of such paymente.
<br /> — 11.Borrower Nmt Reiwsed=Forbearance By�.xnder Not a�11•�lrer. E,;z�.Yn9Ioa of the time for paymeat or modl�ication
<br />--"s"�-�+ of amor�a��t�.t+n af the swns axured by thie Security Inshvraent ga��uazd by Lender to any st�rees.qor in Interest of Borrower ahill
<br /> ---- noc operase za niease rbe tinbiliry of the orig[aal Bar�s�wer oa Borrower's snccessors in lnter�est. L.ender shall not ba e�er��n;ia�ed to
<br /> commence proceedIngs against any successor in im��rxst or refuac to eatead tims for payment or vtharwls�s�a�3fy amari�zadoa
<br /> _ c►f rhe anma �a�.r,t hy r� St!�t!s!!; I�inZm'..�? ?�; rs.�� ef su; ds� w°�,x by she origltta! E�sr:.�cr ar �rz��r's
<br /> suca�sora in interest. Any forlxarance by LeBder ia eaercising any right or�en�edy shell not Ue a w�iver of or preclude thc
<br /> _ _— exerciae of any dght or nmedy.
<br /> �°• 12. Succasore And Assign� �faun2li Jotnt wnd Several Lit►bUtty; Casigaers. 'she covenants and agreements of thia
<br /> --��-��` . Secudry Insuvment s�t bind end beaefit the successors and assigns of Lendaz ar.�l Barrow�r, sub,�ecs to the pmvlsion�of
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<br /> �.m� Parag�raph 17. Bomower's covenants and agccements shall be joint and sevs�ti7. .�y dlasruwer who co-signs this Security
<br /> Instiument but does not oxceute the Note: (a) is co•slgning this Securlty Instn�mcnz�n3y zo m,ottgage. grrmt and wnveyr thu
<br /> Borrowes's interest!n the Property undar the tarms of this Sccutity Instcunxnt; (�)3s ma�t�c�snntilly obligated to pay the suma
<br /> --= cecund by thie Secudty Iasavment;and(c)agr�ees that L,ender and any athcr Iksrrow�r may.AgiLe to oxtcnd,malify.forbeax or
<br /> make any ac.�ommc�datfone with regard to We tenas of this 5xw�[ty Iusuument or tAe Tdota witLout that Bomower's coaxat.
<br /> ` 13. Loan C6arge�.If the loan sxured by this Securlry Insuument Is subject to a law which sets maximum loan ch�rgey�
<br /> ��' aad that law is tinally Inteipreted ao that the irnerest or other loan chacges collectod or to bo colloctod in coanecNon with the
<br /> " lo�n eac.eod tho permitted limits,[hen: (a)any such loan chazge shall be reduced by the amoiint aoceuary to roduce the charge
<br /> __ ' W the pesmitiod limih, and(b) any nim�alrcady oollected[rom Bocrower whlch eaceed�cl�crmittod llmits will be rcfunded to
<br /> ---- -- Borrower. L.ender nuy chcx►�- to maka this miltad by rM_*�!�lag th= Princfgal os:cd uud�r the Note ai by j;;�lfig r. dlc�.i
<br /> paymeat to Borrowcr. If e refund reduoes princtpal, the reducdon will be mated as a partlal prapqyment without any
<br /> preprymau chuge ander the Note.
<br /> 1A.Noticea. Any nodco to Borcower pmvIded for ia thi�SecurIty In�trumtnt shall be given by deliverinp,it or by mailing
<br /> it by t7rst class mail unl�a applicable law r�quires uae of aaother method.The notice shall bc dfrxted to the Properry Address
<br /> • or any other �ddress 13orrowr,r designates by notice to T.eader. Any notice to Lender ahall bc given by firet class roail to
<br /> Lcnder's�ddrea� stated horein or any other wddre.as Lender drsignates by notice w Borrower. Any noHa providod for in Wis
<br /> Socurlry Instiunxnt shall be dxmed to have ban given to Borrower or Lender when given as provided in thie paragcaph,
<br /> _ , 15. Governing I.sw; Severabllity. This Sccuriry Insuumeat shall be govomed �7 f6dcra! law end the law of the
<br /> _ jurisdiction in whfch the Prnperry ia located. In tha�vent thut aay pmv�sIon or clause off uY�s Sec�rity Insmuuent or thc Note
<br /> wniticta wlth applicable law,such conilict shall aot affcet other provtsions of this Security Insttu�ent or the Note whieh can 6e
<br /> --- given effoct without the contYicttng provIston.To Wis end the provisions of this Secui�ity Instrument and the Note aro dsclnrai
<br /> -—_-— to be severable.
<br /> ____ . 16.Borrower'e Copy.P.or�awer shatl be given one confom�cd copy of the Note and uf this Secwriry Instrument.
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