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<br /> . � .' -a ma no lo er be roqaired,at tHe opdan of Ixnder.if mortgage iasnrance r,ovezage(in the amorrnt aad for the pe�od <`�` . �.
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<br /> tt+at Lender zeqni�es)Pmvided b9 an iasurer appmved by Ixader again heoomes availab2e and is ablaine�. Bormwer shall pay •.. :��.� .<' ,.``,,`*`,
<br /> : - - �p��to m�ntaia mortgage ims�uaare in effect,or to pravide a loss re5erve,u n t r 7 t h e r e q u i re m e n t f o r m o rt g a g e `� - � __--:�; `-
<br /> . � .• ..,�I iaS�ance emfs in acoordance with a�written agretmeni betureen Borcawer and Ixnder or applicabls law. � �'_ :t_'' _ ;
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<br /> • 9.I n s p x�l o�.Ixader or its ageni may make�easoffib2e entries upoa aud ias�aroas af the Praperty.Lender sban gtv� .>`
<br /> �oaower notice at the time of or prior w an iaspectioa specIfyjng reasonab�e c�se for the inspecdan '" � �` � . '
<br /> :• - 10.Cond�matlon.'Ihe pmceeds of suy award or ctaim for d�ages, dimt or coaseqnential.in connectioa with aay � . .;�.. 4 .
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<br /> � taitiag of azry part of the Pmpertq.or for comreyance ia li�of coad�nadon,are he�eby assigaed and . :�', �.{�.
<br /> � ' condemr�atioa or atber ass' .
<br /> ,` �� ,� . .
<br /> . . shall be paid to Lender. .� _ �: .�`�.
<br /> . the sbaD be lied to the sums sec�ued by dus Secarity In�ment+ � ,�'•u,. .
<br /> 1n tLe eveffi of a tmal tab3ng of the Pmperty. Pmce�ds apP ,�
<br /> � . � ' arhether or aot then dne.witb a�eaoess paid to Boaower. ta the event of a partial taldng of the Pmpert9 in which the fair �
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<br /> � market vatue of the Property immediately before the taIdng is eqnal on or�acer tbau the amouat of the s�s seranred by ttvs t. �. �'
<br /> -- Secacitq Instcament immediaEelp before the taking,unless Borrower and I�er otherwise a�ee in wribng,ti�sams secured by _.�.;E� `- -
<br /> . , tI�is Serurity Iasuument sha11 be red¢ced by tLe amount of the pmceeds mnttiplied by the following �action (a) the cotal � . ,•- -
<br /> ' � amouni of the sums secarecl immediately befo:e the taking, divided by(b)die fair masket vaine af the Pmpeity imme�ia�elY - ,.
<br /> ` :,, : `� � � befo:e the mldn8_ AnY balance sball be paid to Borrawer. Ia the event of a pattial ta�ing of the Propexl.y in wlucdi d►e fair � ,. . 'J . . ,
<br /> - �: mart�t vatue of ti�e Fivperty immediately befare the ta�ng is less Q�aa tl�amrnmt of Q�sams s�ared ImmediatelY 1�eSore H�e m . .:,.:.,_ • -_ _
<br /> . . }. � talnnS•�mless Bosm�trer and I�endet oftietwise agree in wdting or��applirab2e law otherwise provides.tbe pra�ds s1�aII n -. ..
<br /> ' • � be spplied w the sums sec�ed by this Secanty Ins�ument whether or not the sams aze then dne. O . - --
<br /> ` � ��'` If the Pmperty is abaadoned by Bouower,or i�after nnrioe UY Ixnder to Bomower d�at tl�e coademmfli offezs to make an � ` ,-_°
<br /> . ` award or sea2e a c1a�for damaSes. Horrower fa�7s w ces�soad to I,eu�er witHia 30 days aRer the date the notice is given, � � .
<br /> . L�ender is authori�d to coliect and appiy dte pioceeds.at its opdon,either m sesmtation or regair of t�Propaty or to the sams� . . ��--�:
<br /> : • ; secnted by d�is Secmity Instr�ent,whether or not then dae. . � . .�,,'=-
<br />� � . ,.:'; Unless Lea�ter and Baaower otheiwise a�ee in wdting, anY aPPlicati.aa of pmceeds W pnaapal sball nnt eaten�or 1 '
<br /> gostpone the due date of tbe mnnthlY PaYments refeaed to ln parag�apbs 3 aad 2 or ci�ange the amanat of sac]�paymeats. '',f �;�� ----
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<br /> �' lY.Bormw�Na3 tieleasal3 For6earance BY L�nder Not a Wa:car.B�ensian of the time f�s payment os mod'ifuation �i . �``,:; .' .�,�
<br /> "� �"I of am�d7atina of the sams s�ed hY d�s Sewrity Ins�g�anted by Leadsr to a��or ia in�es�t of Bomower shati � � _ __
<br /> �. � nut opeiate to telease the liab�lity of ihe original Boirower or Bonower's saxessots in intetest.Iender si�ail nnt be reqttit+ed W O ,," __ _
<br /> �' c o m m e n c e p r o c�e e d i n g s a S a i n s t a n 3►s��ia interest or refuse w eaPend ame for paymeut or otherwlse madifq amortizatioa �. : �.a�.
<br /> , w`. of tbe sums secaaed by this Sec�icy I�drameni by reasan of aay demand mads bq tbe origiml Boa�wer or Bosmwer's � . , ...�,.��-�
<br /> ._. _ .. sao�ssots in interest. An9 foibeazance bY Lender ia exetcising any right ot semedy sbaD not be a waiver of or pmtade th� P - _ .,�'�-�z
<br /> . exercise of any rigffi or r�edy. ': ��."
<br /> "��� 1Z. sII��ana a�afl�a� aomc�a seo� raan�;���. The covenaats and agieements of�:s �_
<br /> , - Sea�ty�ent s6all bind and benefic the sacce�so�s and a�signs of Lender and Bosrower, sss'bject w�e Pmvisions af -. --==-
<br /> � , P��Dh 17. Boirower's covenants and agc�aaents sLall be jouu and several. Anp Borrower who co�siga4 this Secaatity , --___
<br /> , � , • r�m+an�g++*but does not exerute the Note: (a)is c�gdn,g d�is Ser�mty Iasteoment onlY w mor�ga�e.8cant and co��9� . _-
<br /> Baaower's inteiest in the property nnd�r the te�s of this Securiry Instcumeni;(b)is nos personall,ebligated w PaY die s�s . . .
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<br /> , • � � secured by ti�Secarity Tns�ment;and(c)ag�s uk;+�Lender and aay other Boaower may agrze t��atend,modify,fa�ar os ' ._aF-:_;,:
<br /> make any accommodatioa4 with regazd w the te�s oF tI�is Secarity Iasuument or the Note wIthant that Bortower's conseat. : '��
<br /> L�.Loan C6arSes.If the loan secamd by this Seauin+Instmment is snbject to a taw wHich sets m�toan cUarges, .. �':�-
<br /> --- - .._ .:_ ,_'.,i and tbat law is finallq int�preted so tUat the interest�s other loan charEes caIlecxed or w fae coll�in cotmechon wi�the ,. . .:_-� •
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<br /> -, loan exce�tfle ge�itted limits,then: (a)anY snch loan cLazge shaU be reduced by the amount nec�y to re8ace the charge . , .' :�;ti;��.�-
<br /> � , w the peimiued limit;and @)anY s�s a�adY coltected f�m Boaower which eac�eeded peffiiued limits a+iU be ne f a n d e d w ., ::��;:�=�
<br /> . • Borrower. Ixnder may choose w make this refimd by reducing the prindpal owed rmder t1�ee Note or by making a di�est , •;y,':,... ���'�
<br /> ' . . PaY�� to Borrower. If a refaud redaces priaclpal. the rednaron will be tmated as a partial piepayment witliant any ::flsr.�;.�:':��-,
<br /> � ` P�3►ment cLarge imder the Note. � .��
<br /> : • ��� 14.Natices.Anq notice to Borrower pmvided for in this�curitq I�arvment sLall be gtven hg delivering it or by mailing �;-=
<br /> " �. �r: it by fust class mail nnless applicable law�use of another metl�ad.lhe notice shaU be dizectad to the Propect9 Address ,. . �-.�:�=,-
<br /> � �` f or atry other aQdiess Borrower devgnates 6y nodce co Lender. Any nodce to L.ender sbaA be grven bq fiist class mail w ��. . �_'�,,
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<br /> • �:': IxnQer's address stated heieln or any other address Lender designates isy notice to Borrower.Any nodce provided for in this ,..���
<br /> . . ; Secucitq I�ent sball be deemed to have been glvea to Boaower or Lender when given as pmvIded in this patagcaph. .,:
<br /> ' 1S.Govemiag Law; Severablltty. This Security Insunmeat shaU be govemed by fedelal law and the law of the . �` t
<br /> . � j�isdIcdon in w�cD the Property is located. Ia the event that a�+pzov�ston or clause of tfis Sec¢ai�y Inst�eni or the Note ' _ "
<br /> conflicta with applicable law.such wntlict s1�all aot affecx other pmvisionv of this Secarity Inswm�or the Note which can be ..
<br /> � � . gnea effect vrithrn�t the wnfliaing provision.To this end the provislom4 of tbis Sea�ey Instmment and tbe Note an declaied . � .
<br /> • ' co be severable. . . � . .
<br /> � _ ' • . 16.Baaower's Copy.Borrower shall be given one conformed copy of the Noie and of tt�is Sec�Ity Insanment. : �
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