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<br /> ; payatents may n4 innger be required,at the option ot L.c�ider.if moRgage insurance coverage(in tLe amount and for the periad � � � "�
<br /> i thui Lender iequIIes)provide�by an insurrr approved by Leadea again beoames available and is obtaiised.Sorrowrr s�'�ll pay the � `.�j�t ��.:
<br /> . . .�,..;.,. `
<br /> pmaniums required tn maintnin mortgage insurause in eff�a,or to pmvide a loss reserve,until the re�uiremeait for mortgage , ' -
<br /> • ins�uairce ends in aceordance with any wriuen agreement bstwoee Bo�wea and L.eudea or applicabie iaw. . . ,. .-
<br /> 9.Ia�tou. Lender or its agent may ma3ce masonable emtris� upon aud inspections of the Propeaty. Lendu shall give : � .�:'�±
<br /> . : 4��=s
<br /> " Bo�sawca noti�e 2t the tims of or prior ro an in�caon s�ecifying rea.waiable cause for the insg�aon. - ---- - . ... �-- �
<br /> " 10.Caa��wtton. Tlie pmceeds a��iy awa:d or claim fdr damages,d'aett ar oa uential.in connection with an � , :`�'�'*:�'`�.
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<br /> condemnation ar other talsin�of asiy p3n of t�e Prapeaty,or for conveyaeice in liea of conde�aanon,are hereby assigned and ' .• _`; ` � °. ; .
<br /> shall be paid�n l.en�er. . .`.� �`." ",�':
<br /> In the event of a mraf r�g of t�e Propeaty.the piocePds s'�al!be applied tn the sams secuted by th'ss Sec�uiey Insorum�nt, ,°�� � � -
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<br /> � whether or not then due,rridt any exoess paid to�a�aower.E�the evcnt of a partial taldng of the Pcop�ty ia wdich the faa ma�cet :. . .��--����
<br /> value of ttce Praperty immediatedy before the tasiag is equal tn or g�eater than the amo�mt of the soms saaued by this Secauiry -- . ,.-,.--=
<br /> Iuswmr�tt immediaiely befnre dte t�Cing, anle�s Baiaower aud I.euBri oiherwise ag�ee�wsidng,the sums sec�ed by this �� . .���.°3..;,,
<br /> Secuzity Instrumeat stiall be ieduced by the amaunt of thc pmceeds mtiluglied by tba fouowing 5�tion:(a)the[otal amouac of _ t-�_"� _
<br /> il' �
<br /> the sums seaued immedisfely befoie the tai�g, divided by(b) tLe fair marlcea vatne of the Pmpert�+iauaediateiy befare ths . . - =
<br /> tatring.Any baL�nce shal!be paid m Borrower.In the eveat of a pardat taking of the property in whicb the fair ma�lcet valus of tl�e �'e;�s�_-!',_`'
<br /> ; Pmperty i�mediately before the tabng is less than the amount of the sums secu�ed immediatety befar� the talrmg. �mless _ �•::��-—
<br /> j Barrower and Leader oiherwise agree ia writing ar unless applica4�ie i�w athcaarise providss,the pmceeds sha11 be spplied tn ttie ----
<br /> � sums seaued by this Secauit}►Iasp�umeat whether or not the snms are theu due. -
<br /> . .� If the PropeKy is ab�daned by Haaower,ar�af�rr notic�by Lender m Burmwer that the candeau►or offe�s to make an . _^. --__-_�—_�_�
<br /> award o�seu�a cla�far damages.Borrower fa�s w respond w I.ea�er wirhm 30 days after the data ttse uotice is given,I�Mr
<br /> -,y��..�.
<br /> `� is authorized tn wltect end apply the praceeds,ai im op�on,eiiher to r+estoiaiion ar repair of t[�e Prupeity ar ts the sums se�red . . �..�
<br /> by this Seauity Insuumeat,whether or not thea�due. r.r��-`----
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<br /> Unless Leader aud Eomnwer oth�vise agree in wriung,any application of piocee�s m prnicipal shaU¢ot exteud ar postpcsne �g:::.
<br /> . :� the dne date of the mantWy payniwts refeired to in puag�aphs 1 and 2 ar change the amo�mi of sach payments. � .— --�
<br /> 11.Hor�vwrx Nni Reieased;For6earaace By Lender Not a WaYver. Extension of the time for paymeat or modifc�tinn
<br /> of amortiration of the svms seauzd b tflis S Ins�ument ted b L,ender to an svccessor in interest of Boiro�rer shall ' �'r,�� •^�
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<br /> aot operate w release the liab�ity of t�e originat Bouow�ar Boirower's sucxessors in intcaest.Leaider sdaII not be required w ' �" ,,, "�,`�•:.��
<br /> ��P�SB agei�st anY su�ot ia intrresi or mfuse m extend 6me far payment or othern�+ise modify amaroratiu�n of � :�.,?�
<br /> � the sums secumd hy thls�aity I�sumonent by reawn of any de�nd made by the original Bormwer or H�mwer's saccessaQS .� s�s, , .
<br /> in interest Any farbe�ance by Leuder m exeaismg�y right or reanedy shaU not be a waivei of or pzeclu�e the exe�ise of any •��F,
<br /> righi ar remedy. • .�� _
<br /> : ]Z.S�o�und A�ssIgns Bauml�daint Aad Sevaal Liat�itf�g;Co-stga�rs. 'Ihe coveanants and agreemen� of thts ;:`-";':�
<br /> � Secarity InsOrument si�Ii bind and beaefit the successots and asrigns of Lendec and Baarower, subject to the ptovLsions of �`�� �
<br /> pa�a�aph 17. Bmrowds covwanm and agreemeuts shall 6e pmt and seve�l. Any Boiro�ver �vho co-slgas t61s Seanrity `����
<br /> lnsmime�t but does not execate the Note: (a)is ca�signmg dus Soauiry Inst�eat only tn mortgage.�aat and convey that --''��=
<br /> Bmsawer's uitrtest m the Property imd�the tr.rms of this Secariiy Lns�nea�(b)is not ye�sflaaIIy obfigate�l w pay the s�ns Y' �°
<br />� seaued by thi9 Sec�aity Instnmi��r,�<c)agne�s that Lc,�der aad�y other Bomower may ag�ee tn extead.mod[fy,forbear or ���°-�
<br /> m a Y e any sccamm o d a l i ons wi t h n g a r d to t he tams o f t h L 4 Seauiiy►L u tr u mwt ar t he Note w l t hout t h a t Boaaw e r's consent �'�"��� �::
<br /> " I3.Loan Charges. If the loan secured by this Seauity Instrament is snbject to a law which setv mmctmtun Ioan chatges. �,.�'�� �,�•��. ' -
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<br /> aad that law is fmatIy intspreted so tbst the intrrest or other loan charges coIIected or ta be collected in wnna�fnn aith ehe loan
<br /> exceed the penmiued limits.then:(a)aR�such toan ct�arge shall b$ceduoe�by tis�amount necessary to reduee t�e ch�g�rm the ;".
<br /> �
<br /> peimiued 1imi�and @)any sums alma��llected f�m Borrower which eacceeded pertniued limits will be refac�d tn Baisower. �-f°=�+�_••_- -- ,--
<br /> Lenda may chnase w r.�:Sre this reftmd by reduc�n� the principal owed under the Note or by mak6�g a�rect paymeat tn ,b
<br /> Bmmwer. If a ref�d�s9es D�ciFal,the reductrnz will be treated as a paroial prepayment arlthout anY D�Yma►t charge .,i .�;t,.^.�;�''
<br /> undutheNote. °'�:�� ^-,.�:_.
<br /> ,� 14.Notices. Any notice w Barrower provided for in tbis Seciuity]nsuum�t shall be give.n by delivering It or by mv7ing it .'. :. v ,�..h'"""�
<br /> - �;�r�s a�ai�ess a�pti!�t�lP 1aw*em�imc nse of another reethcxi.'tf�e nori�Je shall6e direc����t,�___v..,�e�t.�.�,o.�,. � -. •_ ._. .. . sa��-
<br /> an other eddress Borraa�ea desi b notice to I.endar.M notioe to Lea�der shall be vea b fust clazv mail w Lender's ��'��;;,�-���
<br /> Y 8� Y Y [ 8i Y � � . . ���;,.��
<br />. address stated herein aa�ny other address Lend�designates by norice to Heactcaaver.Any notice provided fer in this Sec�uity :'� ;..:.���� .. •, '��� �:
<br /> Instrament shall 6e de�in:d tn have been glven to Baaawer or I,ender when given as provided in this parag�p4�. ��` � � �--�- ,�-.-,
<br /> :' : 1S.Caverning l.ttw;3everabUity. 'It�i9 Secaffiry Ins�um�� sball be governed by federal 1aw and die law aff the •��,;�-�"��•�c'"`�aw:;�
<br /> ' jurisdlc@�.a In v�h2ch the P�+apetty is Iocated.In the event that� vlsion or ctause of this S i�t.r '. .
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<br /> .. Y Om ecuritY InsWment or t'�_°Vote „•_ �r.�.•1��.�,m�..,.:_
<br /> conflicts aith applicabte law.auch canflia shaU noi affect othes ps�ovisians of this SecurIty Instnunent or the Note ahich can be ��;' ��'-`�
<br />-:. given effect without t�.e confl�cdng pmvision.To this er�d the prmYisians of ti�is 5scurity Instrnment and the Il��e nre declared to �=�`:.w��n,., ,.���%�
<br /> be severab2e. � . .
<br /> Form8Q�8 91D0 ;�':.`•: ....,�;'��.. .
<br />- �-8R(I�s�10212).Ot Papa a C 6 INtlatf:.,_..._.._ , �''<«"�
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