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<br /> 9a> 10004�.
<br /> � If Lender r�quired mortg�ge insuranca a+a candition of m�king the lonn sec�red by this Security Instrument,
<br /> Borrower shall pay the premiums requited to m�intain the insursnce in etf'ect until such time as the requiremenl Por the
<br /> — - inswanre termin�tec in accosdance virith Banavvee's and Lender's written agreement or agglicable law.
<br /> S. Iaqe�ttoa. Lender or its agent may make reasonable entries upon and inspections of the Praperty.Lender
<br /> sha11 pve Hoao�rar notice at the time of or prior to an inspettion specifying reasonAble cause for the inspection.
<br /> 9. Cadewtion. The ptoceeds af iny a�wud or claim for damages,dirert or consequential�in connection with
<br /> any condemnatian or other t�king of�ny part of the Property, or for conveyance in lieu of coademnation,ue hereby
<br /> assignod aad shall be paid ta Lender.
<br /> In the evmt oP s totsl taking of the Ptoperty,the proceeds shall be applied to the sums secural by this Security
<br /> Instrnmmt,�hether or not theri due,aith any excess paid to Borrower.In the event of a psrtial taking of the Property,
<br /> unleu Borro�er tn0 Lender other�►ise agrea in writing,the sums secwed by this Secwity Instrument shall be reduced by
<br /> the amount of the proceeds multiptied by the following fraction:(a)the total amount of the sums secured immediately
<br /> before tl►e taking,divided by(b)the fur muket vvue of the PtopeRy immediately before the ts�king.Any balance shall be
<br /> p�id to Bornower.
<br /> If the Ptoperty is abandonod by Borrower,or if,atter notice by Lender to Bonower that the conderanor offers to
<br /> maice an awud or xttle a claim for damages.Borrower Pails to respond to Lender within 30 days after the date the notice is
<br /> given,I.ender is authorizod to oollxt and apply the proceeds,at its option,either to ratoration or repair of the Property or
<br /> to the sums socured by this Security Instrument,whether or not then due.
<br /> Unless I.ender and Borrower otherwise agree in writing,any application of�roceeds to principal shall not extend ar
<br /> postpone the due date of the monthly payments referrod to in paragraphs 1 and 2 or change the amount of'such paymenu.
<br /> 10. Borrower Not Reld�d; Forbarance By Lender Not a Wd�er. Extension of the time for payment or
<br /> modiflr,ation of unortiution of the sums secwed by this Security lnstrument granted by Lender to any succasor in
<br /> interest of Borrowu shall not operate to release the liability of the vrlginal Bonower or Bonower's succecsors in interest.
<br /> Lender shall not be required to comrnence praceedings against any successor in interest or refuse to eztend time for
<br /> payment or otherwise modify uaortization of the sums secured by this Security Instrnmtnt by reason of any demand made
<br /> by thc origin�l Honower or BorroNer's successora in interest.Any forbearance by Lender in eaercising any right or remedy
<br /> shall not be�waiver of or preclude the exercise of any right or remedy.
<br /> Il. SMCCeiwn a�d A�dps Bouad;Joi�t a�d Se�enl I�a6Wt�;Co-sigaers. The covenant5 and agecments of �
<br /> this Security Inswment ahall bind and beneflt the successors and assigns of Lender and Borrower,subject to the provisions `
<br /> of paragraph 17.Borrower's wv�nanu and agraments shall be joint and several.My Horrower who co-signs this Security �
<br /> . Instrum�ss bui d�s aoi exxuts thz Note:(a)is cc+-signing this Security Instrument only to mortgage.grant and convey ,. �
<br /> _ ��Rnrina��`e�.�trrret jr�th�Prnnertv under the terms of this Security InsWmtnt:(b)is not personallp obligated to pay �_. __
<br /> the sums securod by this Security Instrument; and(c)agrees that Lender and any other Borrower may agree to oxtend, ; ,� -.
<br /> modify,forbear or make any accommodations with regard to the terms of this Security lnstrument or the Note without
<br /> that Bonower's consent. �
<br /> - ----- Yi. T.wn"'iwr�-a. Ii�inc iuun�uicu by ii�is��t;.�:.-,�trur,;z�t is sah;...,-^t ta a!�•�::�he_�ssts:�.ei�:�•m!or.ss _�_.
<br /> chuges, and that law is finally interpreted so that the interest or other loan charges collxted or to be collected in �
<br /> connection witb the loan eaceed the permitted limits, then: (a)any such loan chuge shaU be reduced by the amount ,=_
<br /> necasary to rodua the chuge to the permitted limit;and(b)any snms already collxted from Borrower which exaeded '�
<br /> permitted limits will be refunded to Bonower. I.ender may choose to make this refund by reducing the principal owed �;�
<br /> under the Note or by making a direct payment to Borrower.If a refund reduces principal,the reduction will be treatod as a �
<br /> putial prepayment aithout any prepaymrnt charge under the Note. i
<br /> 13. I,e�itliNos ARectin� Le�der's R1�6ts. If enactment or expiration of applicable laws has the effect of
<br /> rendering any provision of the Note or this Security Instrument unenforceable according to iu terms,Lender.at its option, +
<br /> may require immediate payment in full af all snms secured by this Security Instrument and may invoke any remedies ; �:
<br /> , permitted by paragraph 19.If Lender eaercises this option.Lender shall take the steps specified in the second paragraph of ��.
<br /> paragraph 17. ,
<br /> 1�. Notleq. Any notice to Bonower provided for in this Security lnstrument shall ix given by delivering it or by •
<br /> mailing it by first class mail unless applicable law requires use of another method. 'The notice sha11 be directed to the ;��t
<br /> PropeRy Address or any other address Borrower designates by notice to Lender.Any notico to Lender shall be given by
<br /> flrst class mail to Lender's address stated herein or any other address Lender desigaates by notice to Bonower.Any notice , �
<br /> provided for in this Security Instrumcnt shall be deemed to have been givrn to Borroaer or Lender when given as providad
<br /> in this paragraph.
<br /> iS. G�erni�Lw;Se�entbillty. This Security Instrument shall be governed by federal law and the law of thc
<br /> jurisdiction in which the Property is located. In the cvent that any provision or clause of this Security lnstrument or the
<br /> Note confiicu with applicable law,such conflict shall not affect other pravis'sons of this Security Instrument or the Note
<br /> which can be given effect without the confliciing provision_To this end the proYisions of this Security Instrument and the
<br /> Note are declared to be sevenble.
<br /> 16. Borrower's Copy. Borrower shall be given one confarmed copy of the Note and of this Security Instrument.
<br /> 17. Transfer of tbe Property or a 8eneflclal Iatuat in Borrower. If a11 or any part of the Property or any
<br /> interest in it is sold or transferred(or if a ixncficial interest in Horrower is sold or transfened and Borrower is not a nataral
<br /> person)without Lender's prior written consent,Lender may,at its option.require immediate payment in full of all sums
<br /> secured by this Security Instrument. However,this option shall not be exercised by Lendtr if exercise is prohibited by
<br /> federal law as of the date of this Security lnstrument.
<br /> If Lender exercises this option,Lender shall give Bonower notice of acceleration.The notice shaU provide a period � - --- `
<br /> of not less than 30 days from the date the notice is delivered or mailed within which Borrower must pay all sums secured by
<br /> this Security Insttument.If Borrower fails to pay these sums priot to the expiration of this period.Lender may invoke any
<br /> remedia permitted by this 5ecurity Instrument without iurther notice or demand on Bonower.
<br /> 1a.Borrowsr's itlQht to Reinttate. If Bonower meets certain conditions, Borrower shall have the right to have
<br /> enfotcement of this Se�urity Instrument discontinued at any timr prior to the earlitr of:{a)5 days(or such other period as
<br /> appiicable taw msy specify for rcinstatement)before sale of the Property pursuant to�ny power of sale contained in this �
<br /> - I Stcurity Instrumenl;or(b)en�ry of a�udgment enforcing this Security instrument.Those condiuons are that Borrower: ��
<br /> �.— (a)pays Lender all sums which then would be due under this Security Instrument and the Nnte had no acceleration
<br /> occurred: (b) cures any defauDt of any other covenants or egreements; (c) pays all expenses �ncursed m enforc�ng th�s �
<br /> � Security 1�islru�raent, including.but nat limitcd to, reaso�able attomeps' fees: and(d)takes such aczion a� l.endcr may ip.
<br /> --= reasonably requ�re to assure thal the lien af th�s 5ecurity lnstrument. Lender's nghts �n thc Property and Rorrower's tA�
<br /> = obl�gatton to pay the sums secured by th�� Secunty lnstrument �haU continue unchAngtd L��n reinctatement by ; �
<br /> ;;,: Borrower.Ihis Securuy Insirument and the ohhgations securod hrreby shall rema�n fully effectwe a�if nn acceleratum had
<br /> --:`Yr- occurred ilnwever,thi4 nght lo re�nstate shall not apply in the catie of acccierau�m under paragraphti I�or 17
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