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<br /> � � at the uptlon of I.end�r,if mort8age ins�raace ooveiage(ia the amount aad for the periad _ ' _ . . .
<br /> . �:: � Faymcn�i may no louger be required� ve� Leader again becomes availabte and is obtained.Borrower sha11 paY • .,x�,. .
<br /> ., , ' that Lender re�N�res)Provtded by aa msuier appm �Y vide a toss zeserve,unul the�equirement for mortgage� . _ . . - .
<br /> ' � . , the pcemiums cequ�w maiatain moitgage insivaace ia e�ect,or to pro � • � -
<br /> . insaraace euds in accordance with aay written ag�neent between Borcawer and Lrendec or applic�ible law.
<br /> `, g.Iasg�c4ton.LEnder or its ageat may make:easonable entries ugon�d iaspo�oas of the PropertY.I�nder shari gi�►e Q : " _ .
<br /> , i �c4 oa reasonable canse for the insper�oa. . _. .
<br /> , S Boiroaer aotice at the time of or prior to an in�pecti gPe�i�'Y�8 ��or consequential, in connearon with�
<br /> � ° � ! 10.Coad�on. The proceEds of any award or ciaim for damages. . . .
<br /> . . ' t condemnauoa or other takin8 of a�►Y Fart of the Property.or for coaveyance in lieu of oondemaation,a:e hereby assigned� ,-5: �c ,
<br /> , . �: i shall be paid to I.e n d e r. the roceeds shall be apPlied w the sams seaue�bY this SeruritY I n s u u m e n?i� . - .
<br /> � � ' ? In the ev�t of a wtal takin8 of t8e PtopertY, P ._
<br /> T�,__-�._ � to Bosrower. ia the event of a partial talflng of the PmpertN u►which the fu� - -
<br /> - whether or not th�dne,with aay a�cess paid tban the amoant of the s�s secured by this , --
<br /> -. ` . ; � maTkec vatue of the FmpertY immediately before the taking is equal w or greater m writIng,the sums secaued bY �-t •.� ' �
<br /> . . . - Se�riry Instniment immediatel3►before the ta�ng,uuless Bormwet and Lender othetarise agree� , ._`,`� '
<br /> t sball be iednced bY the amnunt of the pmceecls multiplied by the following fiaction: (a)the total � ..,.
<br /> ' , this S�ritY Inct�� before the takinS,divided by(t►)the fair market walue of the PmPertY im�ly - `. ,.
<br /> ` • � amount of the sums secured immedlatelY of the PropertY in whicb the fair
<br /> � befoie the taldng• AnY b��shaU be paid to Bormwer. In the event of a partial tals�g 1 before the .
<br /> - , marloet valne of the PmPertY�y befoie the tat�ng is less than the amou�of t6e sums sec+ued �immediau�c�s sha11 ,.� . _-_.
<br /> .. taking,anless Borrower and Lenfler otheiwtse agc'ee ia writing or aaless applicable law otheea+ise pmvid ;`°�°.�. -
<br /> . . � ;, be applied to the s�s s e c t t r e d b 3+t h i s S��t�or not the sums are ti►�due. ` , _
<br /> •. ' If the Property is abandoned bY Bonawer,or if,aRer notice by Lender to Bosroa�er that the condemmor offers to m a k e aa .._ _- _-
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<br /> ond to Ixn�:r within 3� days a8er the date the notice is gi�en. r`.�.
<br /> : � ' `. _ award or settte a claim for d a m ages. Bo:m w e r fails to i+z s p or to t h e sams .'�'
<br />.��.• : ' . Leader is auuhori7ed w co llect a n d app 1 3+t h e P r a c ce d s,at its u Ption.e�t��a restoration or repair of the Pc�a�Y . .
<br /> - . . . Secured by tbis S�►1��+wheiher or not then dne. tiratioa of pioce�ds to Princ��al sbatl aot extend ur
<br /> Untess Lendet and Bormwer otheiwise agree ffi writing, aaY aPP�2 or�ange the amount of sach PaYm�• ..,-, •°,'� '�`_
<br /> , . . `..-. gostpone the due data of the monthly paYments�tO�p�� Os 1a0difiC2dloII a'•;-`�.:,.._>__
<br />- -- Il.Bormwer Not Releaseil;Forbe�auce�Y I.�er Not a Wairgr.Extension of��r in iuterest of Borrower sbali -
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<br /> � of amortization of the sums sec�red bY this SecuritY Instmment g�rant��}`�der w any •;� t��,.
<br /> •F . . �: `` not operate to release the iiab�ity of the orlginal Boaower or Bosrowez's snc�soss in interest.I�ender shall not be m�ciuired w _�-
<br /> � a a i n s t a a y s u c ce s s o r i n i n t e i e s t or refuse to extend time for payment or othelwise madity amorti�aiifln '�
<br /> . , . commence Pm c x e d i nSs S made b the orl ' Borrower or B o rn u w e r's •�r�s;;��.�
<br /> � � � of the sums s e c u r�d 6 Y t h i s S e��Y �� �3' �On of an y demand Y 8� `�_,c.��_��
<br /> � successors ia inteiest. Any fosb�a�ce bY Lend�in exen�Ismg az►Y dSht or remedy shall not be a waiver o f or p r e c l u d e t h e ', .y;•---'
<br /> . ';�!_
<br /> � �� execcise of any right or remedY• The oovenanis and agreements of this �'--""'�'
<br /> '` . , -`. Honnd'•Jofat and Several Llabi�t9t�Sn�•
<br /> :...��_
<br /> I2. �accc,s�a=s and Assigns of Lender aud Bormwet, subJect to the pmvisioas of --
<br /> ��;, ' Insuument sLall bind and benefii the successors and assigns thia SecutitY ` ;:�_��__:
<br /> , . S�cur�cY sl�atl be joint aad several. Aay Bormwer who co-sigas : ,---
<br /> t�13iS COAYCj►� �,�„�;,'•t:%- —
<br /> '�� . .: P�Ph 17. Borrower's covenants and agreeme�s this Seauity 1ns�u�n�only w mortgage.� � the sams .�,.
<br /> �. . ` ', InsCrua�eni b��es not eaecute the Note:(a)is co-siSninB ' _=f�=
<br /> . • " •: Boaawer's interesc in the Property nnder the terms of this Serurity Ins�ument;(b)is not petso wy�extend,modifY�forbear or �--� ,
<br /> _ � . Inst�ament;and(c}agrees tLat Le�der and aa}0ther Borrower may agree :,_.,--.��
<br /> � secured bY this Sewrity �•�% :.^� -
<br /> - - .. - - make anY acm��O�with regasd w the teims of ttis Security m.st�ent or the Note without tbat Bomawer's conseut. . `..;V;s.-'i:��
<br /> � 13.Loan Cdarges.If tfie loan secared bY this Seauity lastcument is snbject to a law wbich seas�Ioaa charges, ;,;�:1,'.:..; -�=
<br /> - colleaed or to be coltected in wnneraton with the . -�-,�•�
<br /> � . � and that law is finat►Y intcrPreted so that the interest or other loan chargcs ''� ' Y�.:-.
<br /> • • tted limits.then:(a)a�N such loaa charge shaU be reduced by the amount necessaiY to teduce tlte c�acg6 ,';.�+i—
<br /> toaa�ceed the permi sums already coll�fiom Bonower which exceeded permitted limita w�l be refunded to . �� �'�:�
<br /> to the permiued limit;and tb)anN al owed uader the Notc or by maldnS a dit�ect • ' �',�
<br /> , � - Bosrower. Lender maY cDoose to make this refund bY reducing the princiP � without auy ...� _�
<br /> rincI al, the redacaoa w�l be treated as a pariial PrePaym "�_-
<br /> . DaY�t w Borrower. If a refuad reduees P F .. -
<br /> . Drepayment c h a r ge ua der the Note. v delivering it or b y m a�i n� ""
<br /> . 14.Not[ees.Auy nodce to Borrower provided for in this Securlty Iastrument shall be S� e°�Y e Add�ss , �.
<br /> . . it by&st class mail unless applicable law requires use of another method.The natice sball be directed to the Prop n5+ .. .
<br /> . .�` ` or any other addtess Bonoaer designates by�ttce w Lender. Any nodce to Lender shall be given lry fitst ctass mail to . , .
<br /> . , . � Lender's address s t a t e d he�i n or any o t her address Lender desigeaates bLender hen givea as pro�ded in this paragtapb�� � �� .
<br /> • ' . , SecurltY Instrumeat sbaU be deemed to have beea given w Borro , -
<br /> .. 15.Governing Law; Severa6iltty. This Seauity Instnimeat shaU be gaveraed by federal law aad the law of the . . .
<br /> .. � ' jurisdiction in which the Property is located.In the event that anY provision or clause of this Secarity 1nstNment ur the Note
<br /> �onfliats with applicable law.such conflict shaU not affect other pmvis�ona of�his Securl�lnstcumeat��e No are dectared
<br /> • . . . .. ' given effect withwt the conflicting pmvision.To th9s end the provisions of this Security , .
<br /> �� . to be severzbie• of the Note and of this Security insdument•
<br /> ; 16.Bcsr�ower's Copy.Bormwer shall be given one conformed ce�y �3028 9190 � •
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