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<br /> . . m the amonat aad for the pertod Yr � , Y
<br /> . jtlglil3110C COVCI�C(• _ ,�
<br /> . . ' may no longer be require�,at the option of i,ender if mortga&e Bormwer sha11 PaY ' `:' .` . `
<br /> end le and is obtained• �4�`
<br /> .` pthat�Leuder requires)Pmvid a l by an i n s u r e r a p p r o v e d b y[.e n d e r a g a i n beo°mes ava�ab f o r m o rt g a g e . `� ..
<br /> ins�ttaace in effeu,or to prov[de a loss reservc..until the r�uire� � `
<br /> : �---- - ihe plelriiuIDS require+d to ma��►�'b�e � - - - L r-' r= -.
<br /> . . �u�caace e�ds in a000rdsnce with gay wtitten agseemeat betwee�Bor�ower and Leader ar aPPllcabte law.
<br /> Dy a aad insper�Ioas of the Prop$ccY. i.ender s��e e -`..`
<br /> , q,In�pection.Lxuder or its ageat maY make reasonable eauies i►po �`. ." ..
<br /> ' Boaower notise at the time of or prior to an insPeqion SPecify��°nable cause for the inspeaion. in connecdoa vuith aaY � �. . '
<br /> � or claim for damages• dir�or ooasequeutial. � � .� •`. °
<br />� �' . 10. Conds�tion. The Pm�°of the p� erty.or far waveyanoe in li�of condemnation.are I�SY��� � '•� ,� , ' �
<br /> ' � • condemtnarion ar other taldng of a�r p ��� .
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<br /> ,. ` ' sUall be paid to Lsnder. of the Properry,die Pmceed.s shall be appl�ed w t�e sums secured by this S�x�rltY , . . -==�`
<br /> �. , � � Ia the event of a tatal taldng aid to Borrower. In the event of a partiat t�ltin$of the ProPertY Ia which the faidr� ' ,., t ' .
<br /> � v w h e t h e r o r not then due, with any eacess p ' to or g i e a t e r t h a a the amount of the sams secnred bY� -
<br /> ..,�.:; . ,
<br /> - _ _ market valt�e of ths Propertp im��Iy before the takinS is e q u a l ���,the snms s�b7+ - --
<br /> Y' �ity Iastsumeat immediatelY before the taking,�ess Bornower and IBnder otherwise agree �on: (�)�wtal
<br /> Insuumeat sball be reduced by the amount of the prooeeds multiPlied bY the followin8 � � ' .
<br /> , tbis SerxuitY �t y b e f o r e t h e t a k i n g,di�►ided b y N)the fair mazket value of the PropertY im�me�atelY . .� ,.�`';" .-
<br /> . amoum of t he sums s e c u re d� t a l�ng o f t h e P m p e t t Y i n�v h i c h t h e f a i t ,
<br /> � � before tha ta�ng.�►�r 6alaace shall be paid to Boaower. In the event of a p a rt i a l before the .
<br /> 1 before the taking is less thaa the aamount of the sums setv�ed�Y �, �4s
<br /> ��' , markec value of the Property i�ediate Y or uatess applicable 13w othecovise Pmvides.the proceeds sha11
<br /> ' talan unless Bo:rower and I.end�r otheiwise agree ia wridn8 .. :�
<br /> g' S�by tLis Seauiry lnsmimeus wh�er or not the sams are thea dne. . .
<br /> be applied w the sums •, :`.�'�`.;.
<br /> �, .:,..
<br /> `' If the PropertY is abandoned by Boaower,or if,after notice by I.ender�30�a�er the date the aadce is g��+ •.`."�;' .- =
<br /> � � es, Bortower faiLg to resPond to I.eader e or to the sums � .`••'`-s�—'
<br /> . award or settie a claim for�S 1 the ceeds.at iis option,either w restorazion or t�epair af the PmP rtY ...�r�:,T.�
<br /> • L�atder is awhorized w cullect aad app Y P10 _.
<br /> � �... secuced bY this Security Insuument,w�►ether or not then due. �� not e�end or u��� �.�....�.
<br /> ' m writing. anY aPPUcation of proceeds to piinclP
<br /> • .. -''.,� Unless Lender and Boirower otheiwise a���p���1 and 2 or change the amount of snch paymeats• :�.`�.,,�; .�^_�-
<br /> • ,r ` postpone the due date of the monshiY PaY�� , .
<br /> ii.Horrower Not Release�Forbearance B9 Lcuder Not a Waiv�.E�ension of the time for payment or modi8catiton ',�:�,,;v
<br /> _ �by this Seaaity Insuameni 8ra�ed bY�er to any succ�sor ia interest of Boaower shail • _ _
<br /> ` , of amorpr�an of tlne sums Bonower os Horrower's successoss ia intecxst•IRnder shall not be reqaired to __._ '� �E
<br /> amorti�adon `" ,�3.�°:�
<br /> � � _ not ogerate to release the liab�ity af tl�e original or othetwise madifY .
<br /> - commence Proceedin8s aSainst any su�o��hy or refuse to extend time for paymentoriginal Borrower or Bormwer's . .�:�
<br /> reason of any demand made by ,�-:°"•,..;
<br /> � of the anms secured by this Security ri t or remedY s1�1 not be a waiver of or p�eclude the �, � . U .�
<br /> � . ° s u c c e s s o r s i n i n t e r e s t. A n y fort�azance bY L�det�n eaercising aa3+ S� �z.�
<br /> . : :`-' exercise of any right or remedY• Bomnd; doint and Severel LiabflitY;Caslgners.The wvena�nts and agreements of this T:�;.�'-*�.
<br /> � �� ' 12. Succcssors and Assiga9 , :
<br /> • SeauitY Instnu° . .., ,--�- •
<br /> ent shali bind and beaefit the saccesso:s and assigns of Lender � Borrower who co-sigas tbis SeaudtY . �;.�,��si
<br />- ' � P�Ph 17. Boaower's covenants and ag�eements shail be joi� and s���mortgage. Sr�t and c�nveY ih� .`,...t'•;,��E$s
<br /> �. • , ° lnsuument but does not execute the Note:(a)is c�-�S�g�S�°TitY . : ...
<br /> Insavment;@)is not pezsoaally obligated to pap the sums _�`;_.
<br /> � � Bo r mwer's interest in the PropertY under the ter�of this Security to extend.madifY.forbear or •,�.:;�'�•,.J.
<br /> � seaued by this Securit3+Instrument;aad(c)agrees that L,ender a n d any o t her B o r r ower m a Y a� , .` -`�`i.'
<br /> _: . make anp a�ommodations with regard to the terms of this Securiry Ins�at or the IVote without that Bocrower's consent. -
<br /> te loaa c,�arges, r_�
<br /> ;' � 13.Loan C1�arges.If the loan se�.�ured ifY tbLs securtt7+lnstmmeat�s subject to a Iaw which sets maximum
<br /> --..-. - -. �_ and that law is finaily uuerpreted so that the interest ar other loaa ci�argea�°�e b d�e amount necessaty to redu����8e :�:',��+�+__
<br /> loan exceed the permitted limits,then:(a)anY such loan charge shall be reda Y .,•,;._,�
<br /> , to the peffiitted limir and(b)anY su�s already collec�from Borrower which excerded permitted limits will be refanded w . ,;�",
<br /> the principal owed nnder the Note or by malsinS a direct ;:;;,,,_:,.;=
<br /> � � Borrower. Leader may choose to make this refund by reducin8 t without any
<br /> , • . . . ' payment to Borrower. If a refund reduces psincipal, the m,duction wUl be ueated as a pardal P�PaY� ::��._
<br /> ' , . P�payment charge under the I�Iote. ���sball be givea by deliver3ng it or by mailing . `,!�,"�:
<br /> '1 . ' :� .; 14.Notices.Aay notice to Borrower pmvided for ia this Security � .�.•
<br /> . C�` licable law requires nse of another methad.l7ie notice sha11 be d�w thE�P�Y��g .: � '.
<br /> �. . it by fust class mail unless aPP notice to Lender shaU be given try t�at class mail w . .-.--
<br /> ,+, . or any other ad dress Bonowe r d e s i g n a t e s b y n o t i ce to 1.ender. Any n�ce p���f o r i n t h i s =----
<br /> nat
<br /> �� . ' I.ender's address stated herein or any other address Lendes designates by aodce to Borrower. Any ` `� . .
<br /> , , . g e�u i c y I n s t m m e n t s h a il be deemed to have been P,lven to Bortower or Lender when given as f��a�p�a1 w of the . . � •
<br /> � - ' 15.Governing �.aw, Severabltity. This Sea�rity Instrument s h a U b e gov e m e d b Y Iusuume�or the Note • .
<br /> ' , � jurisdiction in which the Propetty is located.In tiis event that any provisian or clause of ttus Secatity . :
<br /> licable law,such conAict shall not affect other provisions of t}ris Secau�ty Insuument or the Note which caa be
<br /> . . conflicts with app� nt and the Note are declac�d • . .
<br /> ' given effect withont the contlicting provision.To this end the ptovisians of this Se��riry lnsttume
<br /> to be severable. of the Note and of Wia Se�vrity 1nstNment• ,. , •
<br /> • � . 16.Borrower's Copy.Borrower shall be given one wnformed copy �n„go28 9190 �. .
<br /> _ . � Vago b of 6 tr���u� ' . .
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