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<br /> paymc�ts may no loager�required.at ttee opfson of L.e�ea.if mort�qe ia4u:ance coverage(in the aruaunt an�d for the period : :_ --- -- - .
<br /> thai Le�eder res}uires)Provided by an insurer appmved by I.eudcr agein becomes available and is obta+ned.Barrower shall pay tha ,
<br /> -, pmmiums req�ed oo maintain moatgage insivance in e�'ect.or to provids a loss��. until tLe requirement for mortgagc ; , ; . �.
<br />�; insurance e�ds in accordaace wuh any avriaen agieemeut between Ba�rowea and Lcader or applicabte ta�v. i� ` ' .. ,
<br /> F 9.Inspectlon. Lendes or its s�eut may make reasonable eauies upon and in§pections of the Property.Lender shali give ;. ., _ . . _
<br />.�' Bomower notice at the time of or prior w an inspecoion s�tifying reasonable cause for the inspecrian. ! ,.
<br />-� I0.Conds�na�toa. T�e procceds of aay award ar clapm fur damages.direst os con..°ec�uenti�l. in con�ectifln with any I. �. .-- _ , ----.
<br /> 'i condemnation or oth�ta2m�g of atry part of the Propeacy.or far oonveyance in lieu of oondemnation,are hereby assi8ned and i• �
<br /> � . .
<br /> shail be paid tfl Lendet. � • . . �
<br /> In the ev�ut of a total taSdng of the Propetty.the pmceeds shall be agplied tn the sums secured by tbis Seru�ity Insuumea� ;_ . � .
<br /> whether or nnt theu due.with aay excess paid to Bomnwes.Ia ths event of a pa�tial raking of the PmpPaty in which the faa marlcet � • .: : ,. ,
<br /> value of th��gerty immediatelY before the taldng is eg�al to or greaier thaa t�e amount of the sums se�red by:his Seauiry i . ' � � ' , ..
<br /> ;� In.stroment�stely before the mldng. unless Bomower and Lender otherwise agree� wziun�,the sums sec�ued by this i , . . ' , .��p,�.
<br /> � Security Yn�nt slmll be reduced by the emount of the pcocceds mWaplied by t�e foIIowu�g hactian:(a)the mtal amount of I . • _
<br /> 9hz sums sec�iaunediately before the mlang,divided by N)the fair market vaLie of the Ptoperty imm�iy befare the �
<br /> ".'� m�ang.Any�ra,T�s sl�all be paid m Borrower.Ia the event of a pattsal taldng of the Fc�sperty in w6ir.h ttie faa maris�t valne af rhe � � ,..
<br /> pmpetty im�ly before the taktng is less t6sn the amouat of the s�uns sec�aed imme�ianeLy hefore die taL-ing, unle� ' <' �`.�_�..�..
<br /> �u � .
<br /> , � Bormwer ua�He�a�er othe�wise agcee in cvaiting or unless applic�tblc law otheiwise provides.ttte p�aseeds shall ise a�splied tn tit� " � ' .
<br /> �� sums secured�r�Securinr Iast�umeat whethea or not the sums arc then du� � : . i '... -�, ,
<br /> If dte Property i�abandoned by Borrower,or if,after nodce by I.eruler to Borrower that tbe condc�anor�ers t;o malce an . .
<br /> � awand or sett�a claim for damaS�s,Boaowsr fails w respond to T.eader wldiia 30 days&fter the date the II��e Fs�it+en,l�d� _— �.•—_'
<br /> is authotized t��,rollect and apply the pr�.�,aL its optinn.eiWier Oo ms0o�atioa ar repair of the Pmperty vr to�te s�ms seau�d �--='"�,._�
<br /> :`s by tLi4 Securaiy Insnr�ment,wheth�or aot¢�bza due. �.• �s� —
<br />':� Untess Lender and Bomnwer othe�wise ag�ee m writin8,anY eFPlication of ptoceeds Qo princi�al�;1 aot e�d oi pastg�an. �
<br /> the dve date of the mon8ily payments refeued to in paragcaphs 1 and 2 or change tt�e�mt of sach paymeats. � ' � ��� � _
<br /> 11.Borrnwer No!Release�;ForDearance By L�nder Not a Watv�: Bxt�sion aL�the tisne for gaym���n�a� -- ��
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<br /> of amoni��m�f the sums sec�ued by this Seanity IasWmeut gcaated by Lender to ac+y succeswz�interest oF�now�r sirail. �'
<br /> • • :rr shall not be tcs . '� !�:'.��
<br /> , not op�at��z,.�the liab�ity of the a�ri�a1 Bom�wer nr B�mwer s saccessars m�rest I�r � .
<br /> oommeace preceediu►Bs aga�nst any suocessor in iutcrest or refuse W axta►d time for��t ar c.v�ise modify amartiratian of ��� `. �
<br /> 'T tt�e s�ns s�ured by tt�is S�tY�u�ment by reaSOn of any demand made by the��:nai Bonow�or Barmwer's suocessoss ;'_�;,4* '�,.; ..
<br /> t� �
<br /> � ia interest.Any forbemrance by Leuder in exacising anl�right or rernedy s1eaII not be a waiva of or preclude the exe:cise of any • , ,� ;�
<br /> acisl .� '.
<br /> : right or re�edy. '�. e, .�
<br /> `�" ' 12.Sacc�and Assigns Bomn�;yalnt aud Several Liab�ity; Casigae�s. Tt►e coveaan� �d agreemeats of this �
<br /> Sec�uity WsWmeat shatl bmd and h�e�t the svccessors and as�gns af I.endea and Bmmwer, subject w t�e gmvisians of '��� -`:{� ,
<br /> , � ��,,�;;t'...
<br /> par�pfi 17. Boaowe,r's oovenaats and agreemenis s h a 1 1 be}ou►t a n d sev�a l. My Boa�wer w h o c o-s i g n s t h i s S e c m i t y - �'�' � :-
<br /> Instrumnent but does not e�ecute the Note: (a)is co-sigaing this Se�iry Instmment only tn mortgage,grant and canvey that ' � � °' '
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<br /> Baaowcr's inteaest in the Piroperty undea the tesms of tfais Security Iasomrnenfi N)is not peasonalty obligated tn pay the s�uns =�'':��--'_'_
<br /> saaucd by this Seauity Instmmea�and(c)eScees d�at Lender and any othea Bonower may�to exte,nd,modify,fo�r�r , ,�
<br /> , matce aay aooammodatinns with reg�rd w the tenas of this Security Instnunent or the Plote withaut that Borrowex's consent
<br /> 13.I,u�n C6arges. If the 2oan seciued by this Ser�uity Instrumrnt is subject w a law abich sets maxlmam ioan ctra�, - -
<br /> and d�aat law is fiaally inieipm,ted so that the interest or other Iaaa charges coltected or to be wllected in wnnection with the la� .�,:..�E:-°°
<br />. exceed the peimiued limits.then:(a)any such loan chargcs sLall be reduced by the amount necessary►to reduce the chffige ai iltr - :�.-�.�—°
<br /> pe�miued limix aad(b)any svms alceady�IIected fmm BoYrow�which exceeded pe�miued lirnim s�r�be refunded tn Bor�uw�. •:• _
<br /> I.eader may choose w maYe this nefv�u�l h�redncing the principal owed under the Note or by T^-..�c�g a d'uect yay�ent� .�.�• . ' __ --�
<br /> �:y s.
<br /> Bmrowza.1�'a refiuid re�r�s Frincig'�,�we redu:tion wiU be ueatcd as a partial prepayment without anY Pm,paymeut c�: . :.�.-ar�:��;-
<br /> �y.�---
<br /> uadri the Note. •�``'`�ar,r•"'e`'`-.—
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<br /> 14.Notk�. An notir,e w Bonower provided for�this Security Insm�ment shall be given by deliveru�g c ev'�y ma�:.*��id . �-"—'�"'�
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<br /> by first class c�1 cmTes9 applicable law reqaires use of aaothea me:ao.t1 The notice ahall be directed to the Pmpe�ty Addc.�,csc .y:,.;�,:-�:�.. .
<br /> any othu�Bonower designates by nodce to Leadca.My noticx w Lender shall be given by first class mail tn Ic�dc�� `_ _ :�. ',��
<br /> addmss smted Weaein or any othea address Lendea designaees by nodce w Borrow�. My notice provided for in Wis S2�..^w� ��. � . —
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<br /> Insuument shall be deemed W l�ave been�ven to Bmrower or Lendea when given as provided in this P�B�Pb• i�.F� .. . _.,;,y•=,�;.� ;:•,; _—.
<br /> -��•..:. •,
<br /> 15.Governing Lew;Severability. 'I1iis Securiry Instrument shall be govemed by fedcaal law and the 1aw of tP� #ri�+s: ,�„ ;...�.
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<br /> jurisdiction in which the Prapeaty is la�. In the eveni that a�r provision or clause of this S9curity Instrument ar the R'� : ' •,-.,,1-.;;�1���..�.�
<br /> � oontlicts wiW sipplicable law,sucfi wn.��shall not affect other provisions of this Security In..��t or the Note whic6�L�: �..�" .. �,.;,;(.�;�;:� .
<br /> on � -
<br /> ven etfect wtihout the conflictin pr�.�i:on.To Wis end the ons of this Securi Instrume.at and the Ne�are decl�rad en ;• ' ���� -
<br /> gi g Dmvisi ty E : =
<br /> Ue scverable. �, �. ' . __
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