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<br /> tf Lender �eq�ired mortgage insvr�nce as a candifion ot maic➢ng tAe taan seewed by tha Security tnsUUmer►t,BorrWuer shatl pay the
<br /> ' p�emiums cequUed to mihtaire the tns�ance h mffect untit such ttme�s the requtre�r+�nt for the insurance tem�trtates tn ar.cordance with
<br /> Borrawer'a�nd I.�da�a written�graartunt or appGcaDk 4w.
<br /> � $. Infp�Ction. tender ar fts Egent may make r�swsabk enfdes upan and inspectio�s oi the Property.Lender shall gi�e Bonovler
<br /> nptice at the ttme of ar prior to an inspectton speatying rossona�e duse ior the k►spection.
<br /> _ 9. COndemAattOD. Th�proceeda oi eny eward or ct�im far da�ages,direct or conseqaentia), in connection wdh any cortdemnation
<br /> ' os aEhc taY3stg of alry pa[E ot t!!s Piope�tY,or fcr c�nveyse�ce in 4ku of eonderrKeatiw►.�re haeby a�signed and sha�be paid to Lender.
<br /> !n the event of � Wtat tildng o!the Property, tre proxcds sh�1 be appYM to the sums securea by thfs Sec;urity Instrument, whether •
<br /> cr not Ihan due, w�tfs�ny aceess paid ta Banower. in the e�rent of�part�al t�kirtg of ihe PropeRy. untess Barower and Lender othe�rvtse
<br /> agree kf writirtg, the aums secured by thfs Sewrity tnstrument sha�De reduced by the amount of the proceeda muitiplted by the foHowirtg
<br /> traction: (a) the totsi amount oi the sums secwred irtmetfiatey bdare the taktng, drrided by (b) tF�e taSr rtwrket vatue of the PropeRy _
<br /> imrnedi�t�y be[ora the taidn�.l4ry ba{snce sha�be Paid to Borrorver.
<br /> —` H!he PropeA�/is�bandoned by Borrower. or if. att�notice Ey Lender to BartOWK that the condemnor offers to make an award ar
<br /> settle a claim far damages, Borrower taits w respond to Lender with?n 30 days after 4he date the notce Is given, Lender is author(zed to
<br /> coGect and apply the proceeds, at its opuan, eiihes to restowtion or repair ot the Property or to the svms secured by thYs Security
<br /> 1nsWment,whether ar not then due.
<br /> Un(ess Lender and Borrower olheiwise agree�n wdting, any appGcat3on of proceeds to pdncipal shaH aot e�dend or postpane the due
<br /> d�[e of the marthty payrn�is referred to in parayaphs 1 and 2 w cbanga the amount of such payments.
<br /> 10. Borrower Koc Re�e=sed; �orbearanee By lender Not a Waiver. Extensfon ot!he time far payment or modifrcaGon
<br /> ot amoRization ot the sum�s secured 6y"ti�is Security fnstrument�nted by Lendeflo any� saccessor tn Interest oi Barrower shaB nnt
<br /> npe�ate to relasa tfie�6ab�ity of the arig+nal Borrower or Borrowr�'s successors in a�tere�t.tender shaN not be required to cammence
<br /> � �oceedmgs against am��iccessor in �terest or refuse ta extLCrrf.1L^ie tor{seyrtren!or otherwise mocl7Ty am�rtizatlon of the sums secured
<br /> sy this Securfty Instrurtieit;�}r reason of any dematid made by tfre criginal Batraw.er or BoROwer's succ�s�ar�in interest. My forbearance
<br /> . by Lender in exerctsing�y dght or remedy shaU not he a watvsr eE�r precluQe:Ra exerctse of any dght ar r�:edy.
<br /> 1 f. Saceassors and Assign�:Qctund; .loint ar�ai ����rai Lia4ility; Co-gte��ers. Tha covenanis e„d agreements ot
<br /> � ihis Security Instrumerti sha� hfnd�rd.f�ds-d�t the�ecessors c��assigns o4 Lender and��m:wer.sutrject to the provfsions ot paragraph
<br /> 47. Borrower's covenants and agree.=��:'s shalf�r�jr.ir.nt aad setieral. Any BaROwer who co-signs this Security Instrument bui daes not
<br /> � �:.cute the Note: (a) ts x-signtng LR:s Secvrit� �-��ument Qoty to mortgag�.. gant and canvey that Barrawer's interest fn the Property
<br /> uslQet ihe terma of thls�:}r tns".nuisc�.; (b� is nat persona��chGgated to pay the sums secured by this Securfry tnstrument; and
<br /> {e) agre� ilT,at Lend;� �:d any other BoROwe► may agree to extend, modity,�torbear or make any accammoda6ons with regard to the �
<br /> te.^r�af r��l.s�ecurity ti�:•. ��.�t or the Note withoul that BoROwet's consenl.
<br /> t� G„i3t1 Charg�, i! the lottn secured by this Security Instrument���bject t�a taw which sets maximum loan charges, and ,
<br /> t1s;;�!�,r�f��natty interprc-!�a�9 ao that tho interest or oiher toan charges coltected or to be coilected In Connection wiih the loan exceed �
<br /> t:Me� ���'..:�d limits, then: (a) any suct�loan charge shaU be reduced by the amounl necessary to reduce the charge to the pzrmitted limit;
<br /> anQ (,t�a any sums already eoilected irom Borrowev which exceeded permitted Itmits will be refunded to Borrower. Lender may chaose to
<br /> na�ce thls refund by reductng the pdncipal owed under ihe fVofe or by making e direct payment to Borrower. If a retund reduces principal,
<br /> ti'so reduction wfA be treated�s a paRial prepayment without any prepayment charge under the Note. "
<br /> f 3. I.ogislation Affeeting Lender's Rights. It er►actment or expiration o1 applicable taws has the eftect of rendering any - _
<br /> provlsWn ot the Note or thi�Securiry Instrument uneniorceabte according to its terms, Leader,at its opUon,may require immediate payment ,
<br /> in fun oi aA aums secu�ed by thls Security. Insirument and may tnvake any remedtes permftted by paragraph 19. If Lender exercises this �
<br /> , oplion. LenEer shaq take 2':�e stcps specified In the second paraqrapb of paragraph 17. ;
<br /> 14. NOt1Ce�. M}� e�Otice to Borrower Rrovided for in this Security tr��r:r�ent sha[!be given b;�dclf�;edng it or by mailing it by first �';
<br /> ctass mail unless ap�f.c,;�lc4e law requires use ot anothe►method. The notice shafi'�e directed to the Proper;� Address or any other address `
<br /> BOROWlI d23I9tIfl1C3(�f CDUCB t0 LCf1dCf. My notice to Lender shall he given by first class mail to Lender's address stat2d herein or any r
<br /> other address Lender d�.'�;nates by notfce t� Bortower. My notice proiided tar 1n this Sec;:siry Instrur.,e^2 shall be deemed to have been
<br /> given to Borrower ar Lencier when gE+en as pravided in this paragreph. � .
<br /> 15. Governing Law; Severabiltty. This Securiry Instrument shall be govemed by tederal lav��-d tha t�w of ihe jurisdiction In
<br /> whicb the PropeAy Is facated. In the event that any provision ar clause o!lhis Security InsVument ar ihe Note ccr,°icts with applicable ;�'�•`
<br /> law, such contlict shall not aHect other provislons o!this Security fnstrument or th�No1e whicb can be given eftect++�::tcut the conflicting
<br /> provlabn.To thb end the provislons o1 this Securfty Instrument and the Note are decfared to be severabto. • •
<br /> 18. 8o►rCwA�'s �c�py. Bonower shaH be given one confortned copy ot the Note and of this Sew:��,a lnstrument.
<br /> 17. Transier�the Property or a Benefictal fnterest in Borrcwer. u an or any p�r, ol ihe PropeRy ar any interest
<br /> in R is soi�or tratnsferred (or il a beneficial inferest in Bonower is sold or Uansterred and BarcNer is nol a natural pers:r:}withouf Lendeo's
<br /> pdor wtitten W�nsenl,�iender may,at its option, require Immediate payment In full ot all sums scr„ued by this Securiry tr.s.vment. However,
<br /> - this option shaN nat t�,e er..:rcised by Lender if exercise is prohibited by tederal taw es of the date of this S�:rity tnstrument.
<br /> It les�der exerGses ttis option, lender shal{g��re�orrower notice ot acceleration. The notice shall pr�.'.�:e a period ot not tess thAn 30
<br /> � days irom the data the rt;;;Ce is delivered or m,�i[cYt Withln whicb the Bortuwer must pay all sums secure:L^/this Security Instrument. It
<br /> Bartower taits to pay these sums prior to the exp'va:;on of this period,Lender may invoke eny remedles perr":`ed by thi��ecurity Instrument
<br /> without tuRher notice or dem�nd on Borrower.
<br /> � 18. Botruw�r's�igM to Retnstat�. It Bmower meets certain o�^�iUons. Bonower shaN ha.e the right ro have en'or�r'=�nt
<br /> � 01 this Seculity IrtsVu_mr�2 discontfnued at any Ume pdor to 1he eadier o1: (a}5 days �or such other pedad as applicable law may spe�°�tor
<br /> reinstatemr.n�� betae eab ot the PropE+ty pursuan! to any povrer oi sate contained in this Securiry Instrument; or (9` entry of a judgment
<br /> enlorcing Et:85 Security InsUument.Those conditions are that Barrcwer.(a)pays Lender ell sums whtch then wauld be d.a under this Security � ��
<br /> � tnsUument and the Note had no acceteratian occurred; (b) cures any defauH o1 any other covenant or a;�°ements; (c)pays all expenses
<br /> incuned tn entorcing this Secu►ity Instrument,inciuding,but not limited to,�easonabte attorneys'tees; sr���takes such action as lender
<br /> — may reasonabty tequire!o assuro ihat the lien of thls Security tnstrument, I.ender's riqhts in the Prcde�'��and 8orrower's obligation : ,
<br /> -T- fo pay�aums seoured by this Securiry fnstrumertt shatt cartthrue unchanged. Upon reinstatc�ment by Bc�rca��. r�-:s s¢curiry fnstrument `
<br /> and thd c�9�;,aUon�secured hereby SflaU remIIin blty eHective es il no acceteration had occurred. Hovrever.tt•is�`y!-i Ga��instato shall not �
<br /> � eppy In�;:d case of aac�lerAtion under paragraphs 13 or 17.
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