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<br /> 97oi�os�s �� � :—�
<br /> payments may no longer be reqused.at the oprion of Lender.if mortgage insurance coveiage(ir►th$amount and for the perio� . • 11r.
<br /> ihat L$nder reqnues)Pmvided by an insurer approved by L.ender again becomes availabte and is obrainod.Horrower shall pay the . ..-
<br /> premiums required to maintain rteortgage ins�ttancc in effec� or to provide a loss reserve.until the requirement foc mortgage � � . . '.,
<br />' insu:ance eads in accordance with any written agreea►eat beiwePn Borrower and Lender or applicable law. ' ��
<br /> 9.Inspe�tton. Leader or iis agent may make reasonabte eatries upon and ins�tions of Ibe Ftoperty. Lesidcr shal!give . - - - - •, -P�
<br /> � Boirow�notice at the time of or prior w an inspection specifying reasonable r,auss for the iaspec6on. � � � . _
<br /> 10.Condemnetion. 'i'�.e psoceeds of any award or claim for damages.direct or consequentiaa1. i� corwecuon with any � :: :�
<br /> 1. [
<br /> condenu�arion or othea tal�sg of any part of the Propeaty.or for conveyance in Heu of condemnation,are hereby assigned and I� � .
<br /> ,� shall he paid fn Lendea. ` • . " —
<br /> In the event of a toral taldng of the Propeny,the p:oceeds shall be applied tn the sums secured by Uus Se�curity Instrumeut, � . �
<br /> �j whetka or Qot then dae,with any eaccess pai�to Borrowea.In We event of a pattial ta�ng of the Properry in wtuch the fair mar�cet �.',.��, .
<br /> value of the Pmpaty iramediat�ly 6efore tir�p�g is�ual w or greater d�an ths amount of the surns secuied by this Security . . - -_ -.. -
<br /> Insuument unmediatelY before the tal�ng, un!ass Bonower and Leuder othezwise agree in writing, the sums secured by this � � __:�� ..
<br /> ' , Sea�rity Ins�ment shall be reduzed by the amo�t of the proceeds moltiplied by the follawing f�action(a)the total amount af ' _ . �..�'�,.::•
<br /> � the stans secured immediately�€ase the raldng,divided bY N)the fa'v marlcet value of the Freperty;�+R, IATP_�}I�,fOIC�I1C ..,�,i y�,f,y
<br /> �.p,ny bylance shall be pai�R��oaoa�In the evena af a partial taking of the Propeaty in wtdch t�e fair u�arke2 value af the . .•y',•;
<br /> pr�e�ty immediately before the talrmg is �ss than We asnount of tds sums secured immedianely before the taking, unless M1 �; _
<br /> Boimwer and Irudea othecwise agree in wr;atn�or imless applicable law othetvrise pmvides,thc piocceds shall be applied to the � : ::��
<br /> ..;� su�ss secumd by t6is Security Instrmneat w�er�not the svms ate th�due. _- '.:�'• � �`--
<br /> SU
<br /> ' IIG the Property is abandoned by Boaow�r�r if,after c�iice b Lenda to Borrower that the condemnor offers w nnake an •�-+.-.- -'
<br /> a�►�al ar seule a claim for damages,BorrowFr fails ta r�ga¢d ro Lend�s wit�in 30 days after the date the notice is given,Lcnder � r� ' �`—�-��
<br /> �. f is aathnriud tn collect and a�pty the proceeds,�t its oprion,either w restorarion or repas of the Propesty or to the sums secured . • •� ��'� '
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<br /> by this Secmrity L��avment,whethea or Qot�dne. ,' : ':M; .: ��
<br /> Unless Len�w and Bormwa fltLerwise�ee in wzitinS,anY aPPlicx��of prar.e�ts tn principal shall not exterid ar postpone �. ,: _ . �„�-
<br /> -r: .
<br /> �� the dne date of the monthly�aymc-�u�s refecred tn in pa�agraphs 1 and 2 or c�aauge the am,¢�t of such payments. s: � r
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<br /> ll.Bqrmwer Not Re�,F�r�nce By Lende�1Vai a 179aiver. Ext�x aE the time for payment or modification '- �. ;.`` -� . '. •�"`
<br /> I t ted b Le,nder c�ar successor u�interest of HoTrower s6all ��«��:� 4' �� '
<br /> ' of amortiration of the sums s�-�rd by this Sea3riry n�+*�7„�,"� g� y x .: ' .:
<br /> not opeaat�w release the liability of the ori�G Harroa-es or Borrower's succe.ssois in interest.l.ender shall not be requaed tn � r - :,
<br /> , _��.r.. f
<br /> '' camm�ce prooeedings against any succes�r��*.�est ar refuse w e�d t6ne for paymea�t or otheawise modify aanorti�ation of • . , 'x..'+�:: �
<br /> the sams sec�ued by this Securiry Inswment by reason aE�y demand raade by ths original Bonowea or Boraower's successars t•'.:` ' ,�-
<br /> „" in�t My forbearance by L�der in eseaci.sing any ri�ht or reanedy s6all noi be a waiver of or preclude tLe eR�ise of any . "�-�.-: '� ' . [^�
<br /> rigt�torremedy. "� � ' ft� —
<br /> iL Sncce��ls and Assigns Boand;Joint and Several I.ia6�Ity;Co-s[guers. The covenants and agreemencs of tl�s � �
<br /> Se�rity Instrumr�t shall bind and ben�t the successors and assigns of Lender and Bomnweac,subject tn the pmvisians of � � �---
<br /> �r paragrayh 17. Boirower's cweaants and agreements shaD be joint and several. Aay Bo�rower who co-sigos tlus Securiry r . ���
<br /> aar
<br /> Inst�ument but does nat exoa�� the Note: (a) is co-signing this Security Insuument c+o1y to�nartga8e.6rant and convey that . � �+�•
<br /> ,�� Borrower's interest u�the Fns�.7►under the tenns of this Seauiry Ins�umeut;(b)i�v.�t pasonally obligated ro pay the swns �. ,.`�;�r_;�:
<br /> � secured by this Security Instmmen�and(c)aBrecs that Lender and aay other Bnaower may agcee us exteud,modify,fmbear or . � , —
<br /> rnalce aa aceommodations arith re w the teroLS of this Saauity Insuument ar the Note without thz,:�crrower's consent .i. .,�,.��:. �':
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<br /> ' 13.Loan C6argea If the toaa secured by this Seaurity Instrament is subjert tn a law wtuch�mA:•�+„�^.�an chargu�. �. �, , ,.�fi;�: "__ .,,.,._
<br /> a�'3 d�at law is fma�ly interpreted so that the interest er other 2oan charges co]tected or w be collected in eannect��r�rti the loan :` "';
<br /> eaceed the permiued 1lmiis.then:(a)any suc6 ioan charge shall be reduced by the amovnt nece�sa�y�to reduce th�charge to the _ _ �-
<br />' � petmiued liWni�aad(b)any sums already collacted from Borrower wfdch exceeded permiued limits will be refunded to Borrower. �.�"�'-'°
<br /> ;i ��-�.,� ..�:.;--_a:
<br /> i Lender may cRr�rr�� tn maYe this refund by redacing the prmcipal owo�under the N�te or by malang a direct paymea�c w �:_-��:��.
<br /> Bomowar.If a refund reduces rmci the reduction will be veated�a parbal prep�a�ment withont a�ay prepaymenc charge `F=�
<br /> undes the Note. p �, ,.�����4:i_
<br /> ?[?Tl,,.;, h• v' -
<br /> 14.Notkes. Any notice tn Borrower pmvided for in this Se�urity Insuument s�au�e givea�by delive�ing it or by maiting it �..`i_:��--._.��—
<br /> by fust class mail anless applicable law requues use of another method.The rtotice�be daected tn the Property Address or . .
<br /> any other address Brnmwer designares by noticce to Lendea. My notice to I�eudea shall 6e given I�y�ust class mail to Lendea•s : -° , "• : —
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<br /> add�ss stated herem oi any other add�ss Lender designates by notice w Boaawea.My notice p��vided for in this Security ,�.;�,_a�r-�►.'c;�:.. �_
<br /> Inswment shall be deemed tn have been given to Borrower a:Lender when givcn as provided in this paragrapt�. ..
<br /> 1S.Govem�g Law;Severab�7ity. 'It�is Security Insdrument shall be govemed by fedetal law and the I�w of the - ' : . . . .
<br /> jarisdicdon in which the Property is located.In the event that any provision or clause of this Security Instiument or the Note . . � }'., ., , ����
<br /> cont]icts with applicabte law,suci�conflict shall aot affect other proei�vnfl of this Seauity Instrument or the Note which can ize � :. •
<br /> ' given effect without the contlicti�g provision.To this end the provis'.�s of this Security Insuument and the Note are declared w . �. �';5� �"_
<br /> bc severable. , ,
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