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<br /> � paymenis may no longcr bc required,nt thc option ot Lcndcr,if mortgngo visurancc covero8a(��thc�mount and for Utc peri
<br /> , that Lcndcr rcyuiewg){�rovid:d by an insurcr oppravcd by L.cndcr again bcc;amcs nvailable and is obtninrd.Borrowcr shall pay thc
<br /> J prcmiums rcquircd w maintaln mortBaBe insurancc in cffcct,or to provida a loss rescrvc, 1�blelawr�uircmcnt for rt�ortgagc
<br /> insut^�tce cn�l9 in eccordance with any wriu;,n ABrccment t►etwecn Borrowcr und Lendca or npp �nder shutl �ive ,
<br /> � �scSons of the PronertY• , �
<br /> 9.Inspcc4bn. LcndeT ar itg egcnt may makc rcasonnbfo cntrics upan and in:,
<br /> � Borrowu nodcc at thc qmc of or prlor to nn inspocilon spccifying reasonablc c,�iusc tor iho inspccdon.
<br /> I�,L��m�a�p. '[l�� procceds ot any award or cluim for damoges.direct or consequential, in connsedon with any
<br /> � '"i condemnat�on or other s�{CInB of nnY P�af Ihe Propeny.or for conveyanee in lieu of condemnation,are hereby assigned and
<br /> '� shall bc paid tc�I.endcr.
<br /> 1 In thc evcnt of a wtel takinB of the Property,the procceds shall bc epPlicd�o the sums securcd by th�s h�h th Ifair�m k�
<br /> � 4a�cin�of the Property�
<br /> whcthcr ot neS ihen due,with any caccss pald w Bocrower.In thc event of a pareial
<br /> value of tltie P�ropertY immedintely before the tuking is equal w or greater thnn the amount of the sums secured UY this Security
<br /> cd
<br /> I Inswmcnt irc�.rrrdiately before the IakinB� unless Bocrower and Le�tder othcsv+ise Agrce u►writing, the sums scc�ued by �s -x
<br /> Securi t y Instmrr+:nt shall be reduce�by the amount of the proceeds muldpli�by the foUowing fracdon:u(namth��tfnYl�forlle�the
<br /> the sums socarsd in►mediately before the tafcii►g, d lv i d e d by (b) t h e f a i r m t u l c e t v a l u e o f t he Pro p e rt y ' --
<br /> � of the Property in w+hich the fair mar3cec value of�he '�.
<br /> �8•�Y h'►�����P�d�°Barower.In the event of a partial takinB
<br /> pmpe�ty ir��r�zed��tcly �fore ths �k�n� is less tt�an the amount of the sums socured immed'�ately before the taki►►gaurzlsss '.ti:
<br /> Barrower and ir.�sder othe,�wise egree in wridng or unless appGcable law othen�ise provides,the roceuls s►iali bc app' �±
<br /> �secured by t�s Security Iost�ur►eut whether or not the sums are t�►en due. :'• �:
<br /> ��p�q�,�•is abandoned by Bocrower.or if.after nodce by H.:eAder to Borrower thlt ihe condemnor offers eo malceen ;•'1,'
<br /> ,• •_
<br /> award or sct��a claim for damages,Bo�awer feils to�pond tn IxAder within 30 days aftica uhe dace the or thesams�s�ed ' •;�`'�-:
<br /> is authorized 4c�cnikct and apply the prc�oeeds,at its o rion,either to mstoratian or repair of the Propeny ::`,;
<br /> by this Sa:urity DL►saumc[�t,whethes or aot thea due.
<br /> ; Unkss Ltadr.c eod Borrower otherwise a�ce in writing,anY ePPlication of proceeds tn principal shall na�t eat,end or postpone �'r�z
<br /> hs 1 and 2 or change the umount of such payments• �'�"�-
<br /> �, ihe due datc of tt►s mondilY PaYme�►ts refened to in paragrap -
<br /> 1�,garrpyr•G►r tVot Reira�cd;Forbearance BY I.isder Not�Waiver. Extca►sion of the time for payment or modit`icadon ,��-h=
<br /> of amo�tisati�mt tl�e sums secured by this Security Insmunent granted by Lender to a��y suocessor in interest of Borrower sha11 _-_
<br /> _.__�" . o,.•t�tiabiiiry of the oril[i[►al Borruwcr or Borrower's suarASOCS in interes�Lender shall not be req�ured to
<br /> � ni�i vywaL".�a.�.'i....�—_ ent or ou�"uwi5a i�:Cdify Wm�s!lzst'•Jn!►f
<br /> ni
<br /> commenee pro�eedc��egainst eny successor in intecest or refuse to extend timc�tor IIx�Ym
<br /> � the sums secused by�s���3' Instrument by reason of any demand made by ihe original Bonow�r or Bocrower's successors
<br /> ����,p�Y fqz��ance by Le�dcr in exercising any right�r remedy shall not be a wuivea�of or p►�eclude ihe exercise of eny :��
<br /> right or ran�dY• F
<br /> 12.Sucect�o��d As�g Boued;Joint and Several Liabillty; Casigners. 'itie covenants :.nd agreem�ts of ihis ■:_
<br /> Security In3tr�rre�n4 sh�ll bind and benefit the successors and assigns of Lesidei and Bosrower. subjec� to the provisions of �:---
<br /> ' paragraph 17. Bcrr�ov,rr's cove�nts and a�emen�s �►� �1°�t�d several. Any Bonrower who co-signs this Socurity �-_
<br /> instcument b��dw�.s nni cace�ute the Note: (a) is co-signing this Security Insuume�t onAy e�,mottgage,grant and cumay ihai ;-
<br /> Bortower's inr�reat im t3tie Property under the teems of this Security Instrument;(b)is aar2 p4rsonally abligated to paY t�� sums ;__
<br /> sacured by ttvs�ecuuiry'Instrumznx and(c)agrees�hat Lender and zu►y othea�anower�u►y�ee W extend,modifY�fortsear or _
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<br /> ���y�u�s with reg;ud to the terms of this Security Instcuument ar the Noie without that Bonower's consent
<br /> 13.Losn Chn�ges. If the loan socured by this Security Inswment is subjoct w a law which sets meximum loan chacges.
<br />_ . . and thot law cs Cirally�irsr.:pr�ted so that the interest or other loan charges oollectsd or w be c�►lla�ted in connecdon with the loan �___:
<br /> .A.. excoecl the p�:montb�,d lu��its.then: (a)any such loan charge shall be reduced by the amoun�t necessarY �refunded to Bomnwere -- -
<br /> :. pamitt�ed lir�az;artd(b)�Y sums alm,adY collected from Borrower which eacc�dod pemi -
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<br /> � Lender may chu�osc t�e� malce this refund by �ducing the principal owed under tlro Note or by mskiug a direct'�ymen�C =
<br /> � the ceducdon will be ucated as a pactial PecPaYment without anY prepaY --
<br />-;,t��,r; Bocrow�. U a re[u�roduces princiPal. _ ___._
<br /> '3;;�•:,��•, undcr the No,c. ---�
<br /> �;s,;. - - 1 4.l Y o S 3 t e s. A n y y w t i o e t o B o c r o w e r p ro v i d e d f o r i n this Sscuri t y Insuument sball bo given by delivering it or b A d r e s s o r —
<br /> =° y. by fust class maib us3�s applicabk law requises use of another meihod.ltie notice sl�all be directcd to t he P r o p e r t y -1
<br />-_° "`.'' any ot!►er add��s IIcttnrower desig►�ates by nodce to i.ender.Any notice w Lender shall be givei►by Cust class mail to L�►der's c-
<br /> ..�� . , � s ated tNSrecn or any other addmss Lender designates by notice to Barmwet. Any notice provided for in this Security �
<br />- S, address t �� h �s`'
<br />-� ;��:'.. .,• t; Insn�ncei►t sh�l�fx decmed to have been given to Borrower or Lcnder when given as providod paraSrxP ,-__-
<br /> ' . f� 15�.Gt�vcrn3nS Lnw�Seve�bility. Tt►is Securiry Instrument shall be govemed by federal law and the law of the ��.K._�
<br /> a`� jurisdicao� in�,hich �he Propeny is ioc�ud• I�the event d�at any provision ar clause of this Security Instrument or the Note --_
<br /> . �� � ��i��s arith a�r'.tr:a'�k law,such conflict shall not affect other provisions of ihis Security Insinunent�i the Note which can be -,�,__
<br /> vea e..�£ect�ri��uc uhe oonfl��ting Provision.To this end ihe provisions of this Security Instrurt►ent+md the I�Sote are daclared to
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