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<br /> � If Lender req+�ired mortgaae iasurance as a eaaditian of makiag tl�toan xcur+e�by this Sa�rity Instrument,
<br /> 8arrower s�ll piy the premiures reguired to muntain the insursnce in effecc until su�h time as the rcquirement for ttt�
<br /> insnrance terminatss in accordusce�viffi Borro�s ux!Lmdes's�rittm agrcrmeat ar agplicab2e taRr.
<br /> a. Iayee6ios. I.mdar or its ageat msy malca reasonablt enuies upcsn and i�eet�ss 6€ti�e Frapc:ty. Lesd€r
<br /> sl�all sive Borra�rer notice u the time of or piior to an inspection spxjfying rasonable cause for the inspectic�a. . ,
<br /> 9. C.cradatio�. The proceeds uf any awud or claim far d3m$ga,direct or conscqueatial.in c�nnaxion�ritd
<br /> �tny condannation or other takinE of my�p�rt of the Property,or for eonvcyaace in lieu of condemnaticm.are hacby
<br /> usianed and s�sall be p�id te Lmder.
<br /> In tbe evmt of�total Midng of the Praperty,the proceeds sl�all be applied to the sums soa�rad by t6is Security
<br /> � Imtc�eae,MhetiKt os not then duG wdth any eaces��to Borrower. In the evrnt of a putial tafains ot'the Froparty..
<br /> nnlas Borro�va sad t.endet othenvist�rae in kritar�.�.t sums secwed by t3ji��ecurity Instaumeat als�i!be reduoed by
<br /> the unoant of the procxeds maltipliM b�CLs follow�sng�actio�:(aj ch�tatzi�a�o�uit mf�he sums se�ured immedintcty
<br /> bcfate t6e takin�,divided bY(b)the fair s�et value af the Prcpem:immediai�y bcfore t�taking.Any bstanct shall be
<br /> paid to Borro�vzr. �
<br /> If the Pmpdty is ab�adoned by Borrower,or i�after nouce by Ler.dec r�Borrower ehat the ex�ndemnor offcrs to
<br /> ctr�Scean awud or srtNe a cl�im for duaages.Borraa�fs�7s to rapond to I.ender wit6io 30 days after ali..°.date tbe natict is
<br /> gi�ca,I.ender is authorized to c:ollect and apply the pru�caeds,at ies option,either to r�staration+or repais i�i the Property or
<br /> ta tbe svms ucured by this Security Instrument�whst.tier ar not thec due. • � � .
<br /> � lTnkss Lxndtp ar�d Horrorrer otber�vise agra�r�xiting,any apptieation of proceeds to principal�iall not e�ctmd or ''r'
<br /> pas�pene the due dste otthe moniblY psymeats rdeRer�ra in paraPlraPhs 1 and 2 or char�ge the amoun���`such payments. �
<br /> 1�. Borrowes Not �; Forbarasoe�.�tnder Not a WaiTer. Extauion of the ti�foT paymcnt ar
<br /> ruadifrcation of a�ortizatioa of the sums secured by this Sec�:tit:�? Instrnment granud���.ender to any suecessor in .. .
<br /> interest of Homsr�-ar shall not aperate to relsase tbc l�ab7ity of tJare��e3inal Borrower or Hoi�.���_�s sucassors in intuast. ,
<br /> Lender shail not be required to commence pracoodings agains:�.ry successor an interc�i�r- �efuu to extend time for
<br /> payment or otherwise modify amortiratian af the sumssecured by this Securit}Ln��sa+ne�r.L-v rrason aft;�ny demand made
<br /> by the original Borro�ver or Borro�ver's sucassors in i��rst.My forbearance�w G��i�r��rcis�ng�:�ight or remody
<br /> shafl not be a�►aiver af or preclode the exerds�e of any ri�t or remedy_ '��
<br /> � ll. S�oca�ors ad Arips Boo�Jolat a�d Se�erd Iiabflity;Co-atpers. TfsW�-.r�v_nants and agreanents of• .
<br /> this�urity Instrum=nt shiU bind and bentfit the su�Tis and assigns of Lender and Bon-�+t++�,subje�.�*o tht ptovisions
<br /> af�,�,ragrsph 17.Bonower's covrnants and agameats�ail be joint srod several.Any Borrower who ec3=�,�s this Security ���°`
<br /> Insuv:cnent but does not execute the Note:(a)is casigaing this 5ocurity instrumeat only to mortgage,��*an1 and convey ' �����:����;
<br /> that Borrower's interest in the Property under the terms oP this Security Instrument;(b)is aot personally obli�ptod trx pay ' ' �•
<br /> the sums secured by this Security Instrumrnt:and(c)agras that Lender and any o3her Borrower may agtae to ex2end, '
<br /> �nodify,forbeas or malce any accommodations with regard to the terms of this Security Instrument ar the Note without
<br /> that Borrower's consent.
<br /> l2. Lais Crar�ea. If 4he loan secured tr�y this Security Instrument is subject to a law which sets muimum loan , °_
<br /> chuges.and that Is�v is finally interpreted so that the interest or other laan charges coUocted or to be collectod in
<br /> eonnxbon with the laa.a ea�eeed the permitted limits, thtn:(a)any such loan charge shsLi be rMucod by tht amovnt ��
<br /> necessary to reduce the cbarge to the permitted 6mit;and(b)any sums already collected Cr���Borrower which eacoeded •
<br /> pe�r�iriecl limits will be refunded to Honower.Lender may choose to make this refund by re�ucing t'�:principal owed ��
<br /> und���he Note or by makin�a ditect payment to Borrowcr.lf a refund reduces principal,the re�uciic�,wi{9 tse Ueatod as a 4�
<br /> � • part"rai•�repayment without uzsy prepayment charge under the Note. �
<br /> 13. LtRWatLoti A![ecti�a Leader'a Rlg�ts. IP enactment or expiration of appli�'ale laws has tt�e effe�t of
<br /> rendering any��ision of t6e Note or this Security Instrument unrnforceable according to it�i:erms.lxndes,at its option, �
<br /> � , may roquire immediate paym�zi in full af all sums secured by this Security Instrument;�.:;9 may inv�ke any rem�dics '
<br /> pernnittod by pangr�ph 19.Itl,ender extrcises this option.Lender shall take the steps specified in the seann�l paragraph oF ;,�
<br /> , pa.-agraph 17. •
<br /> 14. Notiea. Any notice to Borrn�er providod for in this Security lnstrumrnt sha31.�e:given 6y deiivering it or by �
<br /> rr,�iiing it by first ctass mail unless applicai�le law requites use af another method. Thc rusttce shall be ditected to the '4
<br /> pro+,�erty Address or any other address Borrower designates by notice to Lender.Any notice to Lender shnll be giv,tn by
<br /> fir�trlass mail to Lender's address stated herein trr any cther address Lender designates by nntice to fio�rower.Any notice .
<br /> provided'for in this 5ecurity 9nstrument shall be deemed to have been given to Bonower or Lender when given as p�ovidM
<br /> in this parsgnph. '
<br /> IS. C�enIK Lw;Se�erability. This Security lnstr�ment shall be governed by Przleral taw and thr l�w af�he
<br /> . jurisdictian in which the PrapetEy is located. In the event that any pravision or clause of this Security Instrument or the
<br /> Nota confticts�vith applicsbfe law,such canflict shall not affect other provisions af this Socurity lnstrumrnt oi the Note
<br /> whi�h can be�ivrn e�'cet withaut the conllitting provision. To this end the pravisions of this Security lnstrumrnl atKl thr
<br /> Note are declased to be sevenble. �
<br /> 16. Borra+�'s Co�y. $orrower sh�ll be given ortt conformed capy of the Note and of this Security lnstrurncnt.
<br /> l7. Trrsttr of ttie Yro�erty w a Beeeflcial interest in Borrower. If all or any part of the Property or any
<br /> interest in it is sold or tnnsferred(or if a beneficial interest in Bonawer is sold or translarred and Borrower is not a natural
<br /> persun)without l.ender's prior written consent.Lender may,at its option,reyuire immediate payment in fult of all's�ms
<br />, secured by this Sccuriiy lnsirumrnt. Nuwever.this optiori shall rtot be eaercised by Lender if exercise is proh�b9ttd by
<br /> foderat law as of tht date of.this Security Instrumed►t. , --_-___ -,
<br />, If Lendtr eaercises this option.Lender shall give Borrower notice of accelerat�on.7'he notice shall provide a�:iud •
<br /> of not las ttun 30days from the date the notice is defiverod or mailed within which Bonower must pay all sums secur�d t►y
<br /> this Securi[y!ns[rumtnt.lf Bonower fails tn�r�y these sums pnar[o the eapiranon of this period,Lender m�y�nvok�t�uy
<br /> remedlespermitted by this5ecurity Insttument withovt further not�ce ordemand on Horrower.
<br /> ��.Hi�!S4l�!���F�*E+!���..5�!. �f�3II4W�r�w��r�a��C4*1(�!I!^�.��F4S!+f�5�+1�?�!fh�fi�li 24 t+�F'i � -
<br /> enforcement of this 5ecunty Instrument d�sr�ntinued at any time pnor tn che earl�er oL(a)5 days(c�r such ather pen�rd aa �
<br /> � applicable!aw may specify fos reinstattment)befare salt af'tha Property putsuant to eny power of sale c�nta�ned m thi�
<br /> 5erunty instrumenr.or(b)emry of a judgment enforcing tbs Secunty Irnstrumen�. 'I'hc�se canduinns are thnt 13orr�wer: �Tt
<br /> (�ty�rays Leetdtr all sums whrcb thtn would be due under this Security Instruroent and the Note hacl n�nccderatitin
<br /> u�cuntd, (b)cures eny defautt af any other toven�nts or agrerm.eats;Ec►p3ys al!e�►pensts ence�rrrd in enfUrcmg shts ti
<br />_ Secunty Instrumtnt.�ncluding, but not I�m�tcd to,neasonable attomeyf' fers, and id�takes such ac��u��as Lender may �(
<br /> re�sanably reqwre to ass�re that the I�en af th►s 5ecut+ty Insirument, C-eud�r's nghts in the Yraperty and 13urruwer's , � f
<br /> [�bl�gr��un cu pay the Sums stcurtd 6y th►s Seiuniy lnstr�tn•_n! shal! cu�2tuiue us�ch;�n�e�t 1_'p�m reie�stntement hy _ :
<br /> Scinc�wer,this Sec�r�ty Tnstrument ancl th� '�hg�ttons sezured herebq shali rem����i�lfy c(fer.uY��:,�t nEr uc.elc►auc�u had
<br /> cncutrc0.i�uweve�,th�s nght to ranstate sha}3 nv!�ppty�n the c�e ut st�efzfate�n un:frr par�gr�phs i;��� i'
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