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��14���71 <br /> interest from th�da�e af d�sbursement a��he Note rate and sha�l be payable,vvi�h in�er��t, upon notice from Lender <br /> t�Borr�wer r�ques��ng payment. � <br /> Mor�gage Insuran�e. If Lender requ�red mor�g�,ge insura��ce as a condi�ion of making the ��an s�cured by this <br /> Security�nstrumen�,Barrower shall pay�he prem�u�ns required�Q ma�nta�n�he m�r�ga e�nsuran�e�n effect. �f for <br /> g , <br /> any reason, the mor�gage �nsurance �o�erage required by Lende�r lapses or ceases to be �n effec�, Barrovver shal� <br /> pay �he premiums required to obta�n co�erage subs�ant�a�iy equiva�ent to the n�ar�gage �nsurance pre�iflusiy �n <br /> effec�, at a c�s� subs�an��a��y e�ux�alen� to �h� cos� t� B�rrower �f�he m�r�gage xnsurance pre��ous�y �n effect, <br /> from an alternate mor�gage�nsurer appra�ed by Lend�r. �f subs�an��a�Xy equi�a�e��t mor�ga�e insurance co�erage�s <br /> no� ava�lable, Bflrr��er sha�I pay fia Lender each manth a sum e�ua� �o one-�weZf�h �f �he year�y martgage <br /> �nsurance pre�m�um be�ng pa�d�y Borro�er v�hen�he �nsurance coverag� Zapsed or ceas�d t� be �n effec�. Lender <br /> w�Il accep�, use and retain �hese payments as a �oss reser�e in lieu of martgage �nsurance. Loss reser�e paymen�s <br /> may no langer be r�yuired, a� the option of Lender, xf nn�r�gage insurance coverage ��n �he amount and for �he <br /> peri�d tha�Lender requir�s� pro��ded by an insurer appro�ed by Lender again becomes avai�able and is ab�ained. <br /> Borrawer shail pay the prem�ums requireci �a main�ain mar�gage insuran�e in effec�, or t�provide a �oss reserve, <br /> un��� the requ�remen� far mar�gage �nsurance ends in accordance �vi�h any wr�t�en �.greement b��v�een Borrov�rer <br /> and Lender ar App�i cab�e Lav�. � <br /> Inspec�ion. Lender ar i�s agent may make reas�nab�e en�r�es upon arad inspe���ons af�he Prope�-ty. Lender shali <br /> gi�ve BorrQ�ver na�ice a�th�time flf or pr�or�o an�nspe�ti�n spec�fying rea�onable cause for�he i.nspec�ion. <br /> �andemna��on. The proceeds of any a�ard or c�a�m for damages, direct�r cansequentzal, in ��nnec�ion w�th any <br /> condemnatian or �t��er�a��ng of any par� of�he Prope�-ty, or for cfln�eyance �n l�eu nf candemna�i�n, are hereby <br /> assigned and shal�be pa�d to Lender. ; <br /> �n the event of a to�al �aking �f�he Pr�p�rty, �he pro��eds sha�l be app�ied t� the sums secured by �his Se�ur��y <br /> �nstrument, v�he�her or no� then due, vvith any excess pa�d t� Barra�er. �n the �ver�t �f a par�ial taking of�he <br /> Proper� �n wh�ch�he fair mar�et �alue of�he Praper�y �m.mediately b�fare �he �a�ing is equal �o ar grea��r�han <br /> �he amoun� of the sums secur�d by �his Secur�ty Instrument �mmediate�y befare �he �aking, un�ess B�rrov�er and <br /> Lender otherv�ise agree �n wri��ng,�he sums secured by�his Secur�ty�ns�rument shali be reduced by the amaunt�f <br /> �he pr�ce�ds multiplied��the follawing frac�ion: �a}the to�al amount af the sums secured �mmed�ate�y before the <br /> tak�ng, div�ded by �b} the fair marke� �a1ue af the Proper�y immed�a�el� �ef�re �he taking. Any balance shail be <br /> paxd �� Barrower. �n the event of a partial �ak�ng of the Praper� in whi�h �h� fair marke� �a�ue �f�he Pr�perty <br /> �mmed�a�ely before the �aking �s tess than �he amount of the su�r�s se�ured immediate�y before �he �aking, unless <br /> Lorro�er and Lender�therwise agree �n vvr�ting or unless Appl�cable Lav�ofihervvise pr�vides, the proceeds sha�� <br /> be applied�o�he sums secured by th�s Sec�ur�ty�nstrument vvhether or not the sums are then due. <br /> �f�he Property�s abandoned by B�rrower, ar if, after no�ice hy Lender to Barro�er�ha��he condemnor offers�a <br /> make an av�ard or set�Ie a c�a�m for damages, Borrower fa��s �o resp�nd ta L�nder��thi��the min�mum number�f <br /> days establ�shed by A,pplicable Lav�after t��e date�he nati��is g��en,Lender is aufihar�zed�o c��lect and apply the <br /> proceeds, a� its option, either �o res�ora��on �r repair of�he Praperty or tQ �he surns secured by th�s Secur��y <br /> �nstrument,�vhether or no��hen due. <br /> Unless Lender and B�rro�ver�thervvise agree �n �vri�i��g, an� app�ica���n of prnceeds�o pr���cipaI shal� not extend <br /> or pas�pone �he due da�e of the paymen�s referred �� �n the se�t�on t�tled Payment of Pr�ncipai and �n�erest; <br /> I'repaymen�and La���harges ar charige the amoun�of such payments. <br /> Borrower Not F�eleased; Forbearan�e� By Lender N�� a V�a���r. Extension of the time f�r paym�n� �r <br /> ma��f�catian �f am�rti�atian of�he sums,se�ured �y �his Security �ns�rument gran�ed by Lender �o Borrower or <br /> any su�cessor in �nteres� af Borro�ver s1ia�I nat apera�e ta reiease ���e I�abi��ty af the or�g�nai Barr�v�er or <br /> Borr�wer`s suc�ess�rs in �nteres�. Lender sh�.�� not be requir�d to�ommence proceedings agains�any successor in <br /> in�erest or refuse ta ex�end�ime for payment or otherw�se modify amar�iza�ion of the sums secured by�his Security <br /> �ns�rurnen� by reason of any demand made by �he or�ginal Borrawer or Borrower's successars in in�eres�. Any <br /> farbearar�ce by Lender �n exerc�si�g any right or remedy sha�� nat be a�a��er of or preciude the exer��se of any <br /> r�ght or remedy. � <br /> Successors and Ass�gns �ound; Joint �nd S�veral Liab���ty; Ac�ammada��on �Signers. The co�enants and <br /> agreemen�s af th�s Security �ns�rument sha�l �b�nd and benef�the su�cesso�s and assigns of Lender and Borra�er, <br /> sub�ec� �a �he pro��sions of se��ion �i��ed Transf�r af �h� Proper�y ar a Benef�c�a� �nterQst in Borrower. <br /> BorrQ�er's�avenan�s and agreemen�s shal�be j��nt and se�erai. Any person vWha co-signs th�s Secur��y Instrument <br /> bu� does nat execu�e the Note �"Accammfldat��n Signer"�: �a} is c�-5�gntll� �h15 Se�urity Instrumen� an�y �o <br /> mor�gage, gran�and c�nvey�ha� Accommoda��on Signer`s interest in the Proper�y under�h��erms of t��e Secur�ty <br /> �ns�rumen�; �b) is nflt personally�biigated ta pay the sums secured by th�s Se�uri�y Instru�nen�; and�c} agrees�ha� <br /> Lender and any�ther Borr�v�er may agree to ex�end,mad�fy, forbear flr make any accammoda�ions wi�h regard ta <br /> �he�erms of�his Securi�y Ins�rument or the Nvte���hout tha�Ac�om�madation Signer's consen�. <br /> Laan �harges. �f�he lflan secured by �his Secur�ty �nstrumen� is sub�ect �� a �avv vvh�ch se�s maximum ��an <br /> charges, and tha� la�v �s f na�ly interpreted so tiha�the interest ar a�her loan charges co��ec�ed ar�o be collected�n <br /> connectifln with �he �oan ex�eed �he pe�m����d l�mi�s, then: �a} any such lflan charge sha�1 be reduced by the <br /> am�unt ne�es�ary�o redu�e �he charge �o the permitted lirni�s and�b� any sums a�ready�a��ec�ed from B�rrower <br /> wh�ch exceeded permit��d lim��s v��li b� refunded ta Barrvv�er. Lender may chavse ta ma�e th�� refund by <br /> reducing �he pr�ncipal o��� under �he No�e or by mak�ng a direc� payment to Barrawer. If a refund reduces <br /> pr�ncipa�,the reduc�ion w��l be�rea�ed as a part�al prepaymen����haut any prepay�men�charge under�he N��e. <br /> C�2tiO4-2Q�3 Cvrnpliance Systems,Inc.$EB3-3�95-��13 L2,D.E 1.7]2 <br /> Consurner Real Es#afe-Se�urity Instr�mer�t DL�03� Pa�e 3 af S www.cvmp�iar�cesystems.cam <br /> . <br />