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<br /> IF Lender requirad mortgage insurance as a condition of niaking t6e loan secured by this Security Insuutnent,
<br /> Borrower shall pay the preminms required to maintain the insurance in efi'ect until such.time as the requirement far the
<br /> '` • insurance terminates in accordance with Borrower's and Lender's written agreement or applicuble law.
<br /> .' ,�� 8. Inspcction. Lender or iu agent may make reasonabie entries upan and insgertions of the F�,.�� ,.�,�r,,t�r
<br /> . st►al!give Borrower norice at:he time of or prior to an inspection sF�if:�_g reasonable cause fQr t�e ins��_
<br /> ' '� � 9. �craderm�on. The praceeds of any award or ctz;.:,:r:.�rf�_�,ds^�t or cc:c�,�tiai,in connectia:�t��d�
<br /> _� ;_ anF cund r�'�aJ.�r,�Qiher taking of any part of the Pr�pe:::;;�r�;.'�-���;.���;n ti�u::�coademnation,are h�recy
<br /> �. :�.,.��.."- -�..�.����?��:�rAf�xir�. . _.
<br /> r='=�°:�. �`�. ���•s•,�r��t'a���a:�.aking of the Praperty, the proceeci�.=i�1 be applied to the sums secured by this Security
<br /> -r . .
<br /> "" "'- � I�.s���',R�1�y�"�,�or not thrn due,with any eacess paid tc�Barro�er. In the event of a partial taking of the Praperty,
<br /> unless Borrowrr a-sd L.ender otherwise agrce in writing,the sums secured by this Secwity Instrunzent sliall be reduced by
<br /> the amount of thc proceeds multiplied by the foltowing fraction:(a)the total amount of the sums secwed immediauly
<br /> _ b�fore Eht taking,divided by(b)the fair market value of the Propeny immediately before the taking.Any balance shall be
<br /> paid to Banower.
<br /> If ihe Property is abandortad by Bnrrower,or if,aFter notice bv Lender ta Borraw er that the cortdemnar offers to
<br /> make an award or settle a cla�m far damages,Borrouer fails to respond to l.,ender w�thm 30 days after the date the notice�s
<br /> g�ven,Lender is authorized to callect and apply the prneeeds,at us apnon,euher to re!,t�rauan or repa�r af the PropeRy or
<br /> to the sums secured by this Secunty instrument,whether or not then due.
<br /> Unless L.ender and Batrower atherw�se agree�n w�nt�ng,any application c�f proceeds to principal shall not eatend or
<br /> postpone the due date of the monthly paymen[s referred tQ�n paragraphs t and 2 or change the amount of such paymenu.
<br /> 10. Bomuwer Not Released; Forbearaitce By Leades Not a Waiver. Eatertsion af the time for payrnent or
<br /> rt�odification of amortization of the sums secured by this Security Instrnment granted by Lender to any successor in
<br /> interest of Bonower shall not operate to release the liability of the original Borrower or Borrower's successors in interest.
<br /> Lender shall not be required to commence proeeedings against any successor in interest or refuse to eattmd time for
<br /> payment ot otherarise modify amortization af the sums secured by this Securi�y lnstrument by reason of any demand anade
<br /> hy the original Borrower or Bonower's sucetssors in interest.Any forbearance by Lender in exercising any right or reanedy
<br /> shall noI be a waiver af or preclude the exercise of any cight or remedy.
<br /> 11. Successors a�d Assigas Baund;Joint and Sevenl Liabi6isy;C�-�igu�rs. The covenants and agrcemen�s�f
<br /> this Security lnstrumenc shall bind and beneSt the successors arid assig�s ef 1.;:_���r and Borrower.subject to the provis::�.s
<br /> of paragraph 17.Barrower's cavenants and agreements shall be joi��::�-_�several.Any Borrower who co-signs this Sec�=�.
<br /> Instrumtnt but does not execute the Note:(a)is co-signing this S�:-�.ty Instrument only to mortgage,grant and cor:��y
<br /> that Dorrower's interest in the Propeny under the terms Qf a!�'ss Secd:r:ty Instrum�nt;(b)is not personally a�ligated to pay
<br /> the su:-r.�secured by this S�curity Instrument:and(c)a�-e�t?^�::I,eader and any other Borrower may:.�r.e to ext�nd,
<br /> mo�ify Carbear ar make any accommodations with regaff�s��tr�e te�^^s of this Secunty Instsument or[�:a�iote wi*_���st
<br /> that S�rsawer's c��t.
<br /> 1Z. �a.^�ges. If the loan secured by this 5ecurity�T:stn::aent is subject to a law which sets maximum L�za
<br /> char�s. and that taw is fin�Ily interpreted so that the interest o:ather �ear. charges colleeted or to be collected ia
<br /> canr.�:.��on with the loan eacc�.d the permitted limits, then: (ay any sueh :ba1 .harge shall be reduced by the amount �
<br /> necessa.ry to reduce the charge to the petmitted limit;and(b)any s::^:s al*ea�;caltected from Borrower a�hich exceeded ' ��`"`
<br /> permitted limits will be refunded to Bonower. Lender may choc�:� make this refund by reducing the principal owed '`�`
<br /> under the Note or by making a direct payment to Borrower.lf a re;.:-;reduces pnncipal,the reduction wil!be treated as a
<br /> partial prepayment without any prepayment charge under the:Vote.
<br /> 13. Legislation Afrecting Lender's Rights, i° r-:actrnent or expiration of applicable laws t*.-s. the effect of `��
<br /> tend�^g any provision of the Note or this 5ecunty Ins*�-�;r-e�t e�^.r.forceable according to its terms,Le:����r.at its option,
<br /> may require immediat�payment in fuU af all sums sec���d Ly tlL:s Secunty In�trument artd may invoke any remedies
<br /> permitted by paragraph 19.11'l.ender exercises this optien,Lessder s�-a;}take the steps specifie�m the second paragraph of
<br /> paragraph 17.
<br /> D4. Notices. Any notice to Borrower provide�F_r in t?:is Security lnstrun,ent shaH be given by delivering it or by
<br /> mailing it by first elass mai) unless applicable law ree,.:��rs use cti saother mcihod. The notice shall be directed to the '
<br /> Property Address or any ather address Borrower designates by r.-�c��:to Lendcr. Any notice to l.ender shall bc given by
<br /> first class mail to Lender's address stated herein or any other address Lender design�tes by notice to Bnrtower.Any notice
<br /> provided fbr in this Security lnstrument shall be dcemed to have been given t�Harrower ar Lender when given as provided
<br /> in this paragraph.
<br /> 15. Gq�cerning I.�w;Severabilit�•. Thiti 5ecurity lnstrument shaU be gaverned hy federal !aw and the law of the
<br /> jurisdiction in which the PropeRy ts located. In the event that any prov�sion or dause uf this Securiry Instrument or the
<br /> Note confliets with applicable law,such cvnflict sh�ll nnt affeet nt6er�rnvi��onti uf this Securi�y intitrument ar the Note
<br /> whiCh ran be grven effect w�thout the cunfluung pruvi��on. T'o tht�end the pruv��ions��f th�ti 5arunty Instrumrnt and the
<br /> Note are declared tu be severable.
<br /> 16. $orrower's Copy. $orrower shall be g�ven cme conf�>rmed rupy<�f the Nc,te and of tfut Serurity lnstrument.
<br /> 17. Transfer of the Y�uperty ur a Rentificial )nterest in Aorrow�r. IP all or ainy part of;hc Yroperty or any
<br /> anterest in it is sold or transferred(c�r if a benefic�al�nterc�t in Hurrower i�ti�,Id ar�ran�!crred and ti�,rroacr i`nut u natural
<br /> person)withoui Lender's prior written c�nsent, Lender may,at its option,reyuire�mmediate payment in full of all sums
<br /> secured by this Security Instrument. However, this opuun shall riot be exerctsed by Lender if exercise is prnhibited by ���-_--= -
<br /> federa!Iaw as of the date of this 5ecunty Insirument. � � �
<br /> tf L,ertde•rxetcises this optiun,Lender shall give Horrnwer rr�r�ce of accelerativn.T'ne nc�uce shal'�:cc:ide�pencxi
<br /> af no2 tess t�:w.^.3��ays frvm the date the no:ise��del�vered nt ma�1e:::►�thin which�r.rr��wer!�r.�st�,ay all s;:rr.s sccurc�by
<br /> 'f:;s 5er�:n;�. Sr.s?r�tr.c°t If L�,:r-cuer fa�ts ts��u nc��se surns prlur to the exp�ratic�l e:.`t;:i�penc�d,l.ender may m�rt�e��y
<br /> rem._.-9�►c�rn:1:=�,e tig:;�:�-6�_.s:f�i1S{TiSiYICR�x".t�SC�F�u<<�rr nc>ttc�:��r eir�t,ur��c•rr�orrow•cr. ,��
<br /> !g.Bottower'�Right ta Reinst9te. If Hc,trcueC'°e�ts certatn cemdit:�°T�., Horrowrr shaU ha�e the u�;lu t��h�ve
<br />� � enfor�emem c�f`this 5arunty ln�trument disccrnUnued at any nme pnc�r tc�Ihe earl�er��f.la)5 dayti lur�uch cqher penud as
<br /> �pplicable law may spec�fy for reinstatement)befute sale c�f tht Prc�i,erty ��ursuant tc�any pnwer of �ale cemta�nrd iu thiti ���
<br /> Secut�ty Instrumem,ot(b)entty nf a�udgntent enforc�ng th�s 5ecur�ty In�trurT:ent Th�nc cnndiu��n�arr ihat Rnrruwer �t�
<br /> (a) p�y5 Lender all �umr ahuh thrr► wuuld be due under this Secur�t}r In�trument and thr tinte h�d no siccelcrauon �`
<br /> irecurred. (b�cure�any drfault of any uthet cbvenants ur �greetneut5. (cf pay` all expen�e� �runrre�i �n enf��rcm�; th�� ���
<br /> 5ecut�ty Instrurn�ut, mcfud�uF;, but nui ttm�ted tc�, rea�urfat+le,ittott�c}�' Ite�_and 1d!take�Su�l, acuor� es I.endcr n�ay �'_
<br />; trasonahly requite t��a�su�e that thg hen »f tt�it Sreunty Ir�titrument. l.er�der'� r,�zhtr rrr ;f�r E'r���:rtq :inii Nz�ircn�er'� - -
<br /> ohl�gehtrn [�� pati the suntti tiCcqfed by thiti tiecuntY Iri�truntrrrt �ha4r euretinue uncl��trbre�i I ��am re�u�tateuie��t t+�
<br />� Hc�rr���cr.tht55ewtiiz ltt�lrutnrt�!at�t�IhL•��h��K���„�i4`�,_i�tr<!hesrt,� ��=,�II rrr�i,�ir�tullti rffcc.�i.c•.iti �f u,.a«tlt•r,tttE�ti Fra�f
<br /> ��l�tU/fLS �It�;ne�P./.tf�l�tt�'FtF t<rfC1i14fi1tC��rilltt��t Yj�(,�� ln ff��:it�C�•}��.:t I�•r.�Tirh i�;�:lc•t��.�t.s'ila�hti I�nt 1'
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