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<br /> ` payments may no longer De requiied,at the opdon of Lender. if mnrtgage inSUrance coverage(in ttce amount and for th:p2riod � ` , �-."=",�,
<br /> � that Lender �equires?Fmvided by an insurer aggroval bq Leuder agaia becomes available aad is obtain�d. Borrower shall paY `', � • , �• K� _�_
<br /> `� the premiums iequired to maintain moatgage imsntance in effect,oe to pravide a loss reserve.unG]th�e cequirement for martgage , . � �. 'z::��.=
<br /> ;n�*a*+�ends in accordance�vith a�r wriuen agreemrnt bet��eec�oaower and Lender or apglicable law. . . ��`� -- _
<br /> 9.Iaspect�on.L.snder ar its agent may make reasomeble ec�ries upon and iuspectioas of the Property. Lenci�r shalt give � �- :._::,�y_
<br /> �S Borrower nodce at the tdme of or prior to an inspecdan s�ecifping rea�onable cause for the inspe�don. , ., •. � ,ti�t ,�
<br /> 10. Cou�ema�a�Ion. The proceeds of any award or claim�nr da�ages. direct or cansequential, in oannection with any ..�:�,�
<br /> '' . •��•t=:---
<br /> -� condemnation ar oth�r akitsg of any Fart of tLe Pro�erty,or for com+eyance in iieu of condemnadan.are h�nby assignad and ' ,; ..,..._:�y_
<br /> .. .... _._ 4.��.�.N.':
<br /> ; shal!ise�uid to L,eacter. _ -' � : --�:- .---.
<br /> ' In the event of a taql taIdu�oE tice ProperEg,�e procee�s shall be applied to ahe svms secored by this Secarity Instcunsn� . . . . .+
<br /> ' whether or not then d�.ciit�any eacess paid t�Sormvuer. In the event of a paYrial tal�g of the Property in wtric�the fair ;':� .. -. •.'••.,-.
<br /> "� marIcet vahte of tt�Pra�erty im�ediately before tlte satwig is eqaal w or gi�eater than the amouni of the sums sec�ed by this �':;'. . - _. __:,::�'_'�'`�
<br /> � �_..,-:��__�,- -
<br />.+;�f Security I�s�t immediatelq befare tbe taking,unl�ss Bosowgr and I.ender otherwise agte�in writing.the sums secaued by ;.:•^.��-�:,
<br /> ...,...: ,;_. -•,
<br />. n� dus Sec�sity tnst�ent sjtall be rzduced bg the ama�t of the pmceeds mdriplied hy the following fraction: (a)the iotal • : -F ';_��--.•-.�. - --`
<br /> a.mcsu�of the sums secure�;,nmgtiarPty befort the taldng, dnided b@)tbe fair ma�ket vatne of the Pcoperty immedi�uely �-° '"�.� �"
<br />,•Q p � ,-v.,�-}.-•___
<br /> before d►e talung. Any balance sLall be paid W Bartawer. In the eveni of a pa�tial tal�ng of the P�erty in which the fair �
<br /> al '�-���
<br /> market valae of the Property im�ediately befire the taldng is less than d�ee amount of she s�s s�mmmediately before the , :_���T�
<br /> i taldng.unless BoIIOwer and Lender otherwise agree in writing or nnless appYicabte law orheravise�m�?�. the pioceeds sLa31 __::...�:,---___- --
<br /> s be applied to ths s�s sei.vred by this S�.vrity Iast�ent wh�er or nflt the snms are theu due. .,'�°-�
<br /> '''`,.;-�._--�•---;,-r,
<br /> ;�� If the Property is abandoned bp Boaower.or if,after a�tice by Lender w Baaower that the cou.de�nnz offers eo malae an %°;i'. �. -
<br /> award or seule a cLvm for damages. Borrower tails to r�s�r,d to Lender within 30 days after cite d�the nntice is�ven, �'�� _- '� ` ' "'•M
<br /> ,�_r,�+,•,�.-.- -
<br /> -� Lender is anthorized to wllect and apply the proceeds at its c�paon,either to restoration or repair of dm L�peYty or to the sams ; .. _:�_.--�.���.
<br /> s�by this Sec�itg Insdmment,whether or aot tven duP. �___.__�
<br /> Lt��s Len�r and Borrower otbeiwise agree in w�,�ng. anq applicatioa of pmceeds w pri�ai shall �t eatend or �;"''����..`__
<br /> �-k ..i;it—� �...____—._
<br /> � Pnst��she due date of the montlilY P�Y��refened ro i�s��s 1 and 2 or cl�ange the amanns of snch pa� ,,.�,, ' `�. .::.,.
<br /> ���� �II.Sorrower Not Yteleas�;For6earnnce By I.�ad�ir t�a Waiva. Extes�sion of d�e time for or�dif�rdtion -'�� '.,
<br /> Fayment ,,.. ��.a�•.��
<br /> of amorti7ation of the svms s�by this Sec�ity Insau�e*!r granted bp I.ender m any snccessor in i,at�.�st of Boztvwer sha11 �
<br />'`,�' nnt opeiaie ro release the tiab�ity of�oAg'm�i.�rnrower or Borrower's snccessots in iniemst.L�udc��all�oi be�m �
<br /> commence proceedin8s aSaiast any sacces.sor im�erest or iefose w eatend time for payment or ot���n►ndif9�nrtizadon ,;,�,.-�, '
<br /> of the sums sec�ed by tbis Se�rity Instr�Ent by reason of any d�and made by t�e originaq�rnower or Eoaower's . . :s.: °`_
<br /> gin
<br /> successors in intetest. Any forbeazance by Le�a:�in exercising any right or remedy sbaa not be a w-s:�ver of ar p�ectade the ' �-
<br /> -',.�.;�;�
<br /> exercise of azry right or remedy. ��; • :�
<br /> ]2. Sucoes.sors and Asslgnv Bo�md;J�`�and Several Ida6iiity3 C��• '�e covenan� �d agteements of this f ,1,�'r,;�.: •
<br /> S e c u ri t y Insumnent shall bind and benefit the successo�s�d as9gns of Lender and Borrower. sabject to the pmvisions of �•'�r._�,tf ' '""�`'
<br /> pa�9 17. Bormwer's cavenants and agreements sL�E� t�joint and seveial. Anp Borrower who ca-sigas tl�is S�ritY ._ :'t;.'`.. . .�;.; �,
<br /> In�'uv�m.�nt bnt daes nnt execute the Note: (a) is co-sigui�„a�is S�urity I����nt only to mortgage,8xaat�.+zr�veY t� �
<br /> uri zrav � • ' �,�-�..;.j�,.•_
<br /> Busmwer's interest ia the Progerty nader the tetms of d�is Sec�ity I�ssumnent;(b)is�t personally obligated w�q @te sams ' � �,-, .-
<br /> secated by this Ser�ity Insunment:and(c)agcees that L.ender aad a�► other Borrower may agree to ea�nd,modifY,foibear or _'�;. .,
<br /> r� g ,.
<br /> + ��.i-'"�--�
<br /> m a k e a n y a c c o m m n d a t i o n s w i t h i e g a r d to the terms of this Securi t y Iast�ament or the Note witbnat that Boanwer s consent. __ ,_
<br /> 13.I.oan Cl�uges.If the loaa sec�red bq this Secarity Insorament is subject w a Ta�a whict�sets ma�nmum loan cbarges, ,`r t r'�� ,•�•..
<br /> and tbat law is finaUy inteipieted so that the interest os other loan charges callected or u��wllecte�in connecsion with the ' ,���y� ��„�,;.__
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