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. . . . . . .. .. ._ _ - -
<br /> �._._:� _ ,__ ..._ ._..� ...___ _ ... . . .. ` `�.
<br /> `. � � - s�—�o��s = : . :. ; _. __-
<br /> � paymen�may no longer be req�,at the opdon of L.ensi�r,if mort�age ins.�rance coverage(in the amount and for th.�peiiad � ... ���_
<br /> that Leader nquires)pratiKdei!by an insurer approved by Lender agaia truames available ans9 is obtained. Bonower sh3ll pay `
<br /> ' � �p����p main in�yrt+�*e�nrnrance Lp e�Ct,ar to provide a loss reserve,unul the nquiremeut for mortgage • --�
<br /> .' �.�.
<br /> � � insaraax eBds in accordanse widt any written agceement becv�een Bormwer and Lender ar applicab2e law. . . , . _"_
<br />' 9.I�s�ec�fon.Lender ar its ageut tnay make ceasonable eni�ies upoa and inspections uf the Fropen�+. Lender shall gve . '�,�•�=
<br /> Barro�ver aotice at the ti�of or priar to aa inspection specifying teasanable cause for t�e i�pecaan ' ' �
<br /> 10. Con�nnation.1Le pmceedg�f aay awarti or cla"sm for�lam$ges,direct or cons�ential. ia cons�caon cvith anY .t..------ _�_ _. ,,,��
<br /> � condemna�ion or other tal�ns of any part of tice Prapetty. or for rnmeyance in lieu of condemnaiion. are hereby assigsed and � ,.�
<br /> shall be paid w Lender. : , `�`.'`
<br />:_. jn the event of a tota!tataag of the Property.the paQCeeds st�all be applied to che a�u�.s se�.�ared by this Securicy Insuument, . .. . ���-- .-��`�
<br /> whether or nnt tts�n due. with any excess paid to Borrower. !n the ev�nt of a ga�ial ta3dng of the P:operty in which the 6ir . . . . .
<br /> ' �s � to or r than the amount of the sums secuced by this � �� -
<br />.- - marl�t Vat�e of t�e Property immediately before the taking' eq�.a1 �ceate tb -�-- . _ �.,;�-
<br /> . in wri the sums s�cond by
<br /> �ecaritp Inst�ument imniediately 6efore the talQng,unie�Borrower and Lender otheiwise a�cee tinK. � Y ..,�4
<br /> t
<br /> this Secarity ►�rn,,,,,em sl�all be rednced by the amaunt of the pmceeds multiplied by the fa�llowing fxastion (a) the total . . . , �_
<br /> rmm�rlia el ' —
<br />� amannt of the sums s�cared immediatelY hefon tI�takang,di�ided by(b) t h e f a ir mar k et v a lne of tbe P r o ge r t y' Y ._ -, .., ___
<br /> . before t�e�. Aay balanse shall be paid to Boaower. [n the event of a partial�n8 af the Praperty in which the fair �,��,�_^�.��� �.
<br /> ` ' � 1 market value of the Fropercy� �-��
<br /> immediately before the tatan8 is less d2an the amonnt of the sums secured imm�t��rPly hefore the � . ,-`�-;�,�..�,�. —
<br /> . ::��.+.cr�r:�
<br /> ' �ng,unless Bonower and LencIer othernise agzee in writing or unless applicable law otherwase pmvid�.the proceeds shall . ..,. -
<br /> be applied to the sums secuied by this Secu�ity Instc�ent whether or not the svms are theu dne. '<. -- ,�.�:;_'�:.,.'�;
<br /> v .�•.'3',,.K.,• _:s
<br /> ,�''� If the Prapert9 is aba�dnned by Boirower,or if,aft,er nndce by Lender to BoaoacrPr d2at the oonde�nor offeis to make an ,�. --._ `
<br /> award or seule a ctaim for dasnages. Borrow�r fails to �esQond ao Lender wiobin 30 days after the date the nflace is given, ,`._ �--__------.
<br /> - iender is anthori7ed to collecx and aPDr9�Pmceeds,at iss option,either to�eswration or repair of the Property or to We s�s �°,., _—
<br /> �. �:_-�-:�:,s.,.
<br /> . secuted by t�is Sec�uity� �ment whCthel OI IIflt tllEri�ttE. 'fc'':�;°�' -.. -
<br /> . •�. lication of roceeds to principal sball not e�uend or fi . ,.` a. °.�,
<br /> Untess L.ender and Boaower othenvise agzee in wiiting, anY aPP P � . _�: .� �';`�:
<br /> f postpone[he due date of the monshly payments referred to in paragraphs 1 and 2 or change the ammmx of sach payments. ' �: • , � .
<br /> �t��-' �•-,��
<br /> ° il.Borrower Nat Ite[eased;Forbearance By I.�dar Nut a�Vaiver.Extension of the time for payment or 'raca�cauon .c;�,.. -==— -
<br /> . ._ of amortization of the svms secured by tbis Seauicy Instrament gpanted by lxnder w any saccessor ia i�erest of Ean��er sball .�-.. .
<br /> ant n'
<br /> - s�-`�'::�'�'
<br /> not opeiate to mleate the liab�7'�ty of the ariginal Boac�wer or Borrower's sasxessars in interest. Lender sl�all not be�:.ired oo �;,:s 5._: ;,�. ' �',_ r'.
<br /> • � commence pmce�rlfn�agairst any successoi in inierest or refase w eatend time for payment or otheiwise modifY asr�r�z2don �,..���. r,.
<br /> of the sums �tt�d by this Sec.-aritq I�st�eai by reason of any demand made by the original Boaawer or H+�;aroarr's ' .�.� �j'�
<br /> �� successors in int�cest. Any forbearanse bp Lender in exercising any riSht or re��Y shall not be a waiver of ar p�3�de the ,`-,• _� i ,.,
<br /> � ' exereise of any ri�u or remedy. . t �< •,'~ ..�
<br /> . l 2. S a e c�s o r s a a d A s�t S�Bo�d;Joiffi and �everal I�abilIty, Ca�ne�s. The covenarVs u3d ag�emems of this 5."`;r. J' �:'
<br /> . � �.�,
<br /> . , Secarity Iastzument siiaII bind and benefit the saccessois and assigns of La�r and Bormwer. sa bjFCt to t b e pravisi o a s o f ..:.�:%;>:` �'.�,,,
<br /> t�-`•°�
<br /> .'. pac�nph 17. Boaower's wvenants and agr�ments sha116e joint and seveial. Any Borrower who co-signs t�s Secudty , .,:`,.:; � -_
<br /> �i•.�lP.'� 'r .
<br /> Instnm:ent bnt does not eaecvte the Note: (a)is co�signing t�is Secariry In�trament oniy w mortgage.giant arri cx�veY t�at �,,, �,�`. ;��--..
<br />� Baaram:r's inte�est in the Propeity rmder the te�s of this 5s��ty�^�ea�(b)is not peisonafly obligated to�_r the s�s ; � �1;. ,''. -�.
<br /> � '
<br /> �ed by this�e�ty Insonpmeut;and(c)a�that Lendes and any aa�Borrower may agree to eat��d,maslify.forbear or �a• �;,,� '1, t
<br /> t�ms of this Secari iastr¢�.�'nt or tBe Note withont ds�i��ower's consen� •.�:�'::';. � .
<br />. ' r�e any accam�.tvdations with iegazd W tfle � �' Q/l'r',;7
<br /> :}� 4trtn .�i:,.,�- ��.
<br /> D3.Loan CharSes.If the Ioan se�red by this S�uriry L� ,,,,�++t is sabject w a law wlucdt se�+-•-----ffi�ua�c�uges. r ... ' . r,;,
<br /> . � and tE�at law is finally intetpieted so tbat the interest or osi�r toan charges collectec!or to be wllected in a�}s with the �.�°� -
<br /> � loan eaceed the petmitred limits,then: (a)anY sach toan c�;e sHall be ieduced by tY�e amonnt n�arY w�*Iace the charge : ,J�`����"..;-::°:
<br /> . � W the pemiitted limit;aud N)�Y��dY collecte�fiom Borrower which exceeded pe�itted limits w�l be refunded w ,��. �^.� '�°
<br /> Borrower. I.en�eer may choose to make this refand bp redusing the p�al owed under tbe NQt�oY Dp malrinS a di�rect __:'.- = _
<br /> r
<br /> • paym�t to Boirower. If a cefuad teduces principal, the reduction w�l be ueated as a paitiai Prepapment witlioae aay �_..'"_�_=�- f�,',:�-
<br /> pe�aq+rrL,nt cbarge under the Note. - - ,_..° ,
<br /> '_ •. '��A Nottces.Any notice to Borrower p,rovided for in this Sec�uity Inst�vment shali i�:given by delivering it or by ma7ing . _• • ._�.. _,�,�
<br /> it Ay�st class mai��2ess applicable law teqmres ase of a�ther method.'!be notice shaii be directed to the Property Address -^,= -- •.''..��'. T__
<br /> .:,•_ . "=
<br /> or aap other a,�dt►^�....s Boaawer desigoaus by nfldce m Leader. Any notice to 1,e�cle.t sball tw givaz by 5tst class mail w ,-_
<br />' I.end�t's address stated herein or a�r other address I.eader designates bq noace to Borrower. An�r�ce pmvided for in this . . . , ��^' ._"
<br /> .:�s.�C,r�.�.�_
<br /> gecurity Insttament shall be deemed to bave been given to Borcower or L�endes when given as pTOVided in this paia��h. �ar�•-...�.-�.�a.--�-
<br /> 15.Gov�aing La►w; Severa6flity. 'Ihis Seecvvrity Instrnment shall be gwemed by federal law and the law ofthe �='��"�"-�°r^'�� :.-••--
<br /> ri �.-,�-_-..-�-
<br /> . jurisdicdon ia wluch the Property is located. In the event that a�r provision or claase of tliis Security Instzument or d�e No2e � "�,"r-5��,:_
<br /> wnftIcxs with applicable law.sacb conflict shall noi affect othes pravisions of this Secutiry Insunment or the Note which can be �'"�:�'•.-,`,:::�.-:,. �L�'�'.;_.
<br /> . .. given effect vrithwt the wnflicdng pmvision To this end the pmvisions of this Set�ity Instrament�nd the Note are dec2ared ,.. .. . " �"S�
<br /> .,:.,.
<br /> to 6e severable. �;:,-��;,..�., .'��`_:"°;a��-
<br /> � 16.Borrowe�'s Copy.Bortower sl�all be given one confo�d copy of the Note�.of this Secutiry rnQ*R+MF.:,= {�',r.--'�;:•�,Q,'^�:...,_°,_=r-�
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