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-�.�� _ _ _ _ - .�� ______ _ ___ _ _ __ � � ....� � If Lcrcder required mortRa�t lasurance as a conditian of makir+�the fo�n se�ur��y thli Sec�u�y MK�ent, � Borrower shall pay the prcmiums reqnired to munt�in the imu�nn�e in eR'ect until surh t�m�as ihe requina�eat for the insut�nce terminates in accordance with BorroMer't aad Lender'�writtcu ajretnneat or agp�icable IaM. t. I�ctio�. i.ender or iu��eat may mvice ratsonsble entria upon and ins_oacdona of'the Property. Lender � ah�11�ive�orro�ver notioe at the tima of or prlor to an inspection speciijrin�re�onable cawe for tha insp�ection. 9. Oo�dreiuttoa. The proceed�of�y a�vud or cldm for dims�a.direct or comequential�tn connaction�vith , �ny condanaation or other takin�of�ny part of the Property.or for conveyance in lieu oi'condemnation, are heceby auipied aad�hall be paid to Lender. In the event of�total ukin=of the Property, the prooeed�sh�ll be applied to the surAS secured by this Secudty Inatr�meat�a►hether or not then due,�vlth any excas p�id to Harro�ver.Ia the eveat of s partial takfn=of tbe Property, unlea SorcoMer aad Lender other�vLe asree in�vrltin�,tho�ums sacured by th�s Securlty Instrument shall be reducad by tbe amount of the proceed�multipHed by tbe folloain�frudon:(a)the total amount of the�ums secured immadiately befot+e the taktn�,divided by(b)the fdr maskee value of the Property immediately before the taking.My b�W�ce shall be pRid to HorraMer. � I4'the Property is abandoned by BorroMer.or if.�fter notice by Lender to Borrower that the condemnor oRers to make an aMard or uttte�clai�m for damages.Borrower fails to respond to Lender within 30 dsys after the dau the notice is pven,Lender is authorized to collect and apply the pmcxeds.�t iu optlon�either�to rator�rion or repair of the Property or to the sums secwed by thi�Security Inttrument,whether or not tben due. Ualas Lender and Borro�►er otherMiu aaree in wrsiting�u►y application of�rocads to principal shall not extead or patpone the due date of the monthly psymmu nfened to in puapaphs 1 and 2 or change the amount of such payments. 10. BoROwer Not Reler�d; Forbe�rmce By Lead� Not s Wai�er. Extension of the rime for payment or modiscation of amortiution of the iums secured by this Secwity Instrument granted by Lender to�ny succexsor in interat of Borrower�hall not op�nte to relwe the liability of the ori�inal Boaower or Borro�er's succasors in intara� I.ender ah�ll not be r�equired to commence proceedings against any successor ln interest or refi�se to extend time for payma�t or other�vi�e modiPy amortiution of the swas secured by this Secwity Instrumbnt by re�son of any dem�nd made by t1�e oripnsl Borro�ver or Horrow�er'a eueceswr�;n iaterai.Any forbauance by Lrnder in exercising any right or remedy shall not be s wraiver of or preclude tbe euercise of any rl�ht or remedy. 11. Soctwors�d+�tdPr Hotud;Joi�t a�Se�enl IJabqtty;Co-tiperi. The covenant3 and agrbements of tbit Secudty Inswmeat:haU bind aad ba�etlt the succesron and aui�of Le,mder and Horrower.snbjoct to the provisiom � ' of pu�paph 17.BorroMer's coven�nt�and siraments�all be jolat and uveral.My BorroMer Mho co�si�u thia Security . Instru�errt but doa tt�exaeute the Notc:(s)is co-tip�nf this Security Instrument only to mortgage,grant and convey thst Horrorver'�intaat in the Property under the taass of tlw Security Instrument;(b)is not penonaUy oblipted to qy the wms secur+ed by this Security Instrument;and(c)agraa that Lender and any other Borrower msy ajroe to acta�d, meaify�foroar or maice any accommodsqons writh re�srd to the terms of tbia 5ecwity Instnunent or tht Note witlsout :. �. thst Borro�ver's coraent. 12. I.a�e G7urya. If the lan aecwed bp this Secwity Instrumeat is subjeet to a Lw►whicb sets masimum lou� char�rs� and thst 4w ls 8nalty interpreted so that the is►terat ar ottur ioas� char�es collected or to be wllected in - oo�uia�ion Mith the lo�n exoad the perniitted limits. tben:(a)�ny tuch lau� char�e shall be raluced by the amount aaoat�ry to raduce the charae to the permitted limit;and(b)any sums already collected from Borroaer which exceeded - permitted limits will be�ded to Borrower. Lender may chooee to make this refuad by reducing the principa!owed ' under the Note or by makla�a direct psyment to Bomower.If s rethnd reduces principal.the reduction aill be trated as a i -'— partlal prepayment Mithout any prep�ymeat chu�e under the Note. A 13. Lesblatlon AQe�tt� I.ead�rh Ay�b. If en�ctment or expiration of applicable laaa has t#�e etFect of renderia=any proviiion of the Note or thi�Security Iastrumrnt ut�enforceable according to its terms.Lender�at its option, • may require iwmediste payment in full of all sume secured by thia Secwity Instrument and may invoke uiy remedies � . permitted by paragraph 19.If Lender exercises this option,La►der ahall take the steps speciaed in the second paragraph of P�tnPh 17. � 14. Not{ea. My notice to Borrower provided for ia this Security Instrument shall be given by delivering it or by mailin=it by flrst clw msil unless applicable law requires use of another method. The notice shall be directed to the �'�� Propaty Addnu or any other�ddress Horrower desi�nstea by nodce to Lender.Any notice to Lender shsll be given by ��. Srat clsts mail to I.endar's address suted hadn or any other address Lender designates by notice to Borrower.Any notice pt+ovided for ia thia Serurity Inatn�ment sball be deemed to have been given to Borrower or Lender when given�s proridod � in tlu�para�raph. 1�. G�a'da�Iiw;Se�erabWty. This Security Iastrument ahall be governed by fe�eral law and the 1aw of the � � jtui�diction in ahich the Property ia located.Ia the event thst aay provision or cbuae of this Security Instrument or the Note coniticts aith applicable law,such conlliM ahall not affect other provisions of this Security Instrument or the Note Mhich can be�iven effeot aithout the con�icting provisian.?o this end tha provisions af ihis Security Instrument and the Note are dxlared to be severable. � — 15. Horrower'e Copy. Bonower shall bs given one confo�sd c�py of the N�t=and of this Sxurity Iestrum:.ni. 17. TraaKer o!tbe Property or�Beneflcl�l Intenst in Borrower. If a11 or any part of the Property or sny interest in it is�ld or tranaferred(or if s beneflcisl interest in Bonower is sold or transferred and Borrower is not s natnnl penon)�vithout Lender's prior Nritten conaent�Lrnder msy,at its option,require immediate payment in fi�ll of ell sums secured by this Security Inatrument. However, this optioa shalt not be eaercised by Lender if exercise is prohibital by federal lsw u of tke dau of this Security Instrument. If Lender eaercises this option,Lender shall give Bon�ower notice of acceleration.The notice shaU provide a period .- -_-- of not las than 30 dsys from the date the notia is delivered or mailed within which Borrower must pay a11 sums secured by � this Security Instrument.Jf Horrower fWs to psy these sums priur to the expiration of ehis period,Lender may invoke any remedia permiited by this Security Instrument without further notice or demand on Borrower. � ls.Hoerower's Rl�ht to Retn�tate. If Borrower mau certain conditions,Borrower shall have the right to have , ._.. .... . .. cii�vrcxmeni u��ms�uriiy inairumcni uisconiinaca xi au,y iime prior fo ine eariier oi:�a}5 ciays tor sueh otaer perioo as ---- applicable Lw m�y ape.cify for reinstatement)befare sale of the Property pvrsuant ao�ny power of sale containtd in this _ � Security Instrumtnt;or(b)entry of a judgment enforcin�this Security Instrument.Those conditions are that Borrower: � (a)pays Lender all sums�vhich then would be due under this Security lnstrument and the Note had no acceterition �t� , oeeurted; (b)cures any defiult of any other covenanu or agreements; (c) pays all expenses incurred in enforcing this "v _ �ecurity Instrument,including,but not limited to. reasonable attorneys'fees;and (d)taka such action as Lender may �'`� _--_-=- reasonably require to auure that the lien of t�is Security Instr�ment, L,snder's rights in the Property and Borrower's �� �,�yy�� obli�ation to pay the sums secured by this Security lnstrument shall continue unchanged. Upan reinstatement by � �:• _"='::,;;; Botrower,this Security Instrument and the obligations stcured hereby shall remain fully effcetive as if no acceleration had • •� �v;;,� occurred.However.this right to reinstate sh�ll not apply in the case of acaleration under paragraphs 13 or 17. - %6' f"_1��! .P�`J��(�� jl�� :!�l�:f _��{��f. .�( 'f� IL '�' :z`� ' '