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<br /> � . ' �� mo e insaranoe era8e(in the amount and far[he period (
<br /> , , pagmeats map no Ionger be requi�ed.at the opdon of Lender.if rtga8 � . :
<br /> ' . . � ' tLat Lender requires)Pravided by an insuier appmved by Lender agaiw 6ecomes available aud is o6tained.Barcower shall pay ; �; ;'� •
<br /> • - the p�+emitjms teqaireal w maintain mortgage ins�ance in effect.or to provi�e a loss rese�ve,mujl the�eqnitemeat for mortgage . ..
<br /> . • , . instuauoe ends in accordance with any wriaen a�►ent betaeen Boaoarer and I.ender or appticable taw. . �. ,
<br /> �
<br /> - 9.In�pectTon. L.ender or its agent maq mai�e tea5onable enuies t�on and iaspecdans of the Property. Lender s5ari give .".�� .
<br /> . I � .'. s
<br />'�.._ :� ._;--�; ` Borrower nfltice at the time of or prior to an inspec6on specifying reasonable caase for the inspection. _ _'.
<br /> ' -.-- -.> 10.Cond�on•'The Pmc�s of aay aweN or claim for damages, direcc or consequential, in co�ecdan with anp ! _- --
<br /> ,' of the ProPertY,or for comreya�ace ia lieu of oondemnation,aie hes�bY asri8ned� �s �y ,..
<br /> • , oondemnation or othes talan8 of any paic r .
<br /> ' - shall be paid to L.ender. , t j i's�i t�::
<br /> ,_;: �= Tn the event of a total taking of the Prop�rt9.the pmceeds sball be applied to the s�s secmed i�Y tbis Secnrity Instrament,�j - .
<br /> •�.. � '`�^=' to Boaower. In the event of a partial tal�ng of ti�PrapertY in which the fair� . _
<br /> �•,, wh�her or�t then dne. with anp eace�paid than d�e amor,ns o€Ehe soms se�ured by tbis� �
<br /> r`I �iatelY isefo�the tatnng is eq�a1 w or g�ater .
<br /> � : t., maiket watue of the ProPar9 befare t��n8.m�less Borrower and Lender otveraoise agree in writing.d�sams sec�ed by =�
<br /> e� E ,J- Se�rity Insuu�ent�Y umlti ]ied by the following fraction: (a)the total � -
<br /> i.` � �� ;�4� dlis SCWIity inctrument shari be�by tiie amonnt of the gmceeds P . -
<br /> . .... c..,;. .
<br /> .'�'.m;'-,�.
<br /> amaunt of the stims s�imraediatelp before the taking,divided by(b)the fair market value of tbe Pmpertq immecliatelY , _
<br />'';� : before the ta�inS•�►nY 6'elance shall be paid to Borrower. In the event of a parrial ta1dng of the Property in which the fair � - -
<br />� � - . `� ` �.' marlcet valae of the Property immediately before the tatdng is less tt�an the amouat of the sums s�immedlately before the �°r __-=-
<br /> �• R : . .-.__
<br /> . � ' ' taldng,nnless Borrower and Lendet atherwise a�nee in writing or uatess applicable law othetvvtse provides. the proceeds sha11 _
<br /> �'< . . `. , be applied to tf�e sims secured by dus Seauity lasuumeat whether or aot the sums are thea due. _ __
<br /> S If the Propeny is abandoned by Borrower.ar if,after nodcc by LewLer to Bosower ti�aat the condemanr offe�s w make an . , `- -
<br /> ,l. awacd ot setde a d�im for damages. Bnrrower tails to cerpoud to L.endes withia 30 days aftcr the date the nodce is given, � .�..`,�?_
<br /> ' ^($ Leader is authorized w coltect aad apply the prareeds.at its opdon.either w resto�adoA or repair of the PmQezty o:to�he sams -...- -
<br /> ;' E `._
<br /> ��= ' secured by ttds SecuritY Insinuneut.whether or aat then due. � �`�
<br /> "��' � Uaiess I.eader and Boaower othetwise agrce in wrldug. anY aPPllcadoa of praceeds to princIpal s6a11 not exteud or . :a T:�.:�_
<br /> . f,f postpone the due date of the montWy payments referned to ia paregrapl�v 1 and 2 or change the amaunt of such payments. • =-
<br /> `,-" r ..'.at::_�--
<br /> 11.Boaower Not Redeased;Forbeasance By i.ender Not a Waiver.Exteasion of the time for payment or modificadon _--__
<br /> � of amortization of the soms secured by tt�LLs Secuiity Instniment granted by Lender ta aay saaessor in interest of Borrower slrall . ''.f�.�_--
<br /> S �
<br />_ . . aot operate m release the liability of the original Bormwer or Borrower's saceessors in inte�est-L.eader s6a11 nnt be req�nted to z .�_
<br /> �:.` ' camaaence Pmceedin 8 s a g a inst any saccessor in inte�es7 or refuse to extend time for payment or otherwise madify amorti�adon �.�� =_—
<br /> ` ' , of ihe sa�s secured by this SewritY Ins�t�en�fi► �on of any demaad made by the original Borrower or Bortower's :' �--�
<br /> "�� d t or remedy s6all nnt be a waiver of or precluds the
<br /> saccessois in interest.Any forbearance by Lender in exesising aay gh . �•:, ,i`.—
<br /> ,. �-
<br /> • . � exe�ise of aay right or remedy. � " :�"'�
<br /> ' 12. Sne,eesso�s swd Asstgnv Bound: Joiat and 3everal 1aa6ilityi ��ers.The covenants and agceements of ttiiis .. �;:�_.
<br /> s
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<br /> . � S e c a r i t y I n s t r u m e n t shall bind and benefie the successors and a�sigc�of Lender and Bosrower, sabjea to the provlsioas of ..__'�t.
<br /> , � ' . . paregraph 17. Borrower's cove� and ageements shall be joint aud sevearal. A ny Bo r r o w e r w h o c a-s g n s t h i s S e c u t i t y . _
<br /> � . . � I n s t m m e n t b n t d o e s not�ecnte the Nate: (a)is co-signing this Sewrity Iastrume�only to mnrtgage.�ant and camrey that . -_
<br /> onder the terms of this Security Iastrament: (b)is not persa u a l lp o b liga t e d w pay t h e a u m s _..��_
<br /> � ' B o r r o a re r's i n t e r e s t in the F r o F e rt Y to ex t e n d.mo d i f y.f o r b e a r o r : :`-'�
<br /> �� secaned by this Secority Insu�ent:and(c}agcees that l.ender and any ather Boimcre�may agree . , ;�.,
<br /> . � � malce any acoe�modations with regard t�t'ae teans of this Securlty Instmment or tlse hate w'szL^.�t that Hom�wer's eonsen� ,::;�
<br /> 13.Loaa Charges.If the loan secared bN this Seauig►Insiroment is sabject to a]aw R�ich sets maxim�loan cl�argss, ' . •:`.r<�.
<br /> F:., , ' aud that law is finariy ir.;,e=Freted so that the interest or other loaa charges collected or to be collected in cow�eccioa witb the ;,:,:�:• ��'`' _-
<br /> 1�4� :. -�
<br /> � � loaa exceed the pesmitted Cs�its.thea:(a)anY such loan charge sball be reduced by the amoant uecessatY to reduce the charge , -
<br /> ���+ � • to the pemiitted limit;and(b)anY sums alreadY wllected from Bonower which exceeded pemutoed limits w�i be refunded w ., :" �.'
<br /> � Boaower. Lender may choose to make thig refund by reducin� the principal owed under the Note or by malting a direct .
<br /> � payment to Boaower. If a refund redaces princiPal. the reducdon wiIl be treated as a partial prepayment wl�out any , .
<br /> PrePayment charge vnder the Note. '� �• ..
<br /> ' �'!`��: ' 14.Nottces.Any notice w Borrower provided for in this Security Insuument s6a11 be given by delivering it or by mailins �tc. .
<br /> . { it by fiist class mail nnlesv applicable law requires use of another met�od.'Ihe norice shaU be directed to tlie ProPeteY Address •,
<br /> �'� or any other address Borrower designaces by notice to 1.ende*• AnY nonce co l..ender shaU be given by first class mail to
<br /> ���.,�; . Leader's address stated herein or any other address Lender designates by nodce w Baaower. Any notice provided fos in tLis
<br /> Security laswment sUaall be deemed to have been given to Borrower or Lender when given as provided in this paragrapb• ,
<br /> - 1S.Gove�aing I.�w; Severability. This Security Insuument shall be govemed by federal law and the law of the . .
<br /> • . • jnrisdicdon in wtdch the Property is located. In the event that any provision or clause of this Security laswment or the Note
<br /> conflicts wlth applicable law,such conflict shall not affect other provisions of this Security lnsuument or the Note whlch caa be
<br /> . given effett without the conflictiag provision.To this end the provisioas of this Security lastrument and the Nute are declared � , ,: •
<br /> ' to be severable. � �
<br /> ' 16.Bonrower's Copy.Bormwer shall be given one confomed copy of the Note and of this Security Insuumeat
<br /> ,, ',�` Form 30�Q��( • .
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<br /> .. ��-BiiINE)�e7tsi.o� vaye s m e wear . •
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