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<br /> if Lender reguired mo»gage insurance as a condition of making the loan secured by tlus Sccurity_;nstrument,
<br /> �[t�fower shall pay the preauums rtqqire�to maintain the insura�tce in eSeci until such time as the requirtmmt for the
<br /> � msdtrancr terminates in accorJance wit�t Battowa's aad Leader's written agrament or appticable Iaw.
<br /> 8. tnspectfon. Lender or its agent may maice reasonabla entries upon and inspecrions of the Propaty.Latder �
<br /> ...sh�ll give Bomowcr aotice at the time af or priar to aa inspectian spocifying reasonab4r cansc far the inspection. .
<br /> 9. Condenmattan.. 7'he proceeds of any award or etaim for damages,direct or consequential.in connecua»with � �
<br /> .;' any eundemnation or ottier taking of aay pa:`t of the.Pcepptpr ac for eonveyance in lieu of condemnatioA,are&ereby
<br /> ' sissigned and sha11 be paid talmder. - � . : . _
<br /> � In the event af a totat taking of the Propeaty, tls�.pnecee�s shall be applied to'the sums sxnred bg this Socnrity
<br /> � � ,� Instrument.wh+etbar ar not tbea due,with any excess paid tc�a��In the event of a partia!taking of the Property, .
<br /> ualess Bosrower aad I.ender otherwise agree in writing,t�e s�s�.-�d bv t�is Security tnstrument shalt ba sedncod bg
<br /> � . the aawunt of the prviceeds ttmltiptied by the foUo�rcng firac[iaa:-(a���e tr�amount oEthe sums secured immadiately
<br /> . bd'ore the taking,dividai by(h�tbe fair marYet vatue of the Proper���usie��3y before the taking.Any batanc�sha11 bc �
<br /> paid to Borrower.
<br /> ` � . If iha Proptrty�is abandoned by Bonowcr,or if;aftet csuti,c��J`+}Lertder ta Horraa-er that the condemnor offers to �
<br /> . . make an award nr settle 3 claim for dacnages,8ona�rer fr�s tQ r���tu L�der�ithiA 3Q d�ys aRer s'�cdate tke n.��i��:; . _- ..
<br /> � �v�Lender is suthorize�to rollect and apply the pr�at i�aption,either to restoraaon or repair of the Property or �
<br /> ,ur�si�mssa.vred by thisSecurity tnstniment,whesl�esar"Qast�eadue.
<br /> �, , .,__. `..[Jnle�s Lender and Borrower othuwise agn:e isi�rF~m�..�,��application of proceeds ta principal sGall noi euead or .
<br /> p�'r.o the+�ue date of tha monthly payments referred to�pw*��aphs 1 aad 2 or change the amouat of such papmt�ts.
<br /> � 10. So'riower Not Reteased; Forbeuance By Lender`'_ti�* WAiver. Eatensian of the ame for payment or �
<br /> .� mr�i'�Catioa of.amorti7atian.of the s�rri"s secured 6v this Seewify Instru��f.granted 6y Lender to any suecessor in � - � �
<br /> interest of Horrower shall hot operate to release the li�bility of the ori�nal ffarrawer or Borrower's succasors in interest. � �
<br /> - I.aedu�hall not be required to cammence proce�dlrigs against any success�r:in interest ar refuse to extend tune fos
<br /> � _payment ar othawise madify amortiration of thc sums secured by this Securiry Instrument 6!-aeason of any demartd made
<br /> ' by the original Bonower or Bonower's suscessors in interest.Any forbearans�by Lertdes in er.ercising any right or reme�y ,
<br /> sl�all not be�waiver of or ptectude the eacrcix of anu�i�ht or rcmedy. � , .
<br /> • �. li. Succeuora aad Aaaigm Boa.ad;Jaint av�f Se�ersl Lisbility:Co�sigeers. The cavenanu and agreements of ,
<br /> ��ecurity Instrument shall biad an6 benefit the suc�ors and assigns of Lender and Honower,subjoct to the provisions � � �
<br /> af�agrapb iT:Borrower's covenancs and agreemenu shall be joint and several.Any Borrower who co-signs tfiis Secuaty � � � �
<br /> t����sneat but daes not execute the Nates(a)i�casigning this 5ecurity Instrument only to mortgagG grant and convey � � � .-
<br /> �fsa��onowtr's intctcst in the PrapeRy under the terms of this Security Insirument;(b)is not personally obligated to pay � '�
<br /> , , t�e:sums secured bye this Security instrument; �nd(c�agtea that 3.ender and any ather Bonower may ag;a to e�ttend ' �
<br /> . m�fy�forbear ot make any acaammodauans with re,gard to the terms of this Security Instrument or the Nate without � �:
<br /> that�orrower'sconsent. �
<br /> � � , � 12. Loan C.harQes. If the loan secured�by this 5ecurity Instrument is subjeci ta a!aw whicb sets masimum toan �<
<br /> � � c�arges, and that law is finaAy interpreted so that the interest or other toan charges collected ar to be collxted in , :. ��
<br /> . ��..�xtion with the loan excad the permitted limits,ther►: (a)any such toan charge shall be reduced by the amount -
<br /> ��,�ssary to reduee the chatge to thepermittad limit;and(b)any sums already coUected fram Borrower which exceeded t '
<br /> _ - }�ittod limits will be refu»ded to Honower. Lender mt�y choase to make this rePond b�� cPducing the principal owed - �
<br /> �:.Qdes the Nute�r by making a direct payr.��nt to Borrower.If a reG;c�d reduces principal,the reduction will be treated as a
<br /> �a*2i31 prepaymcnt withaut any psepayment charge under the Nate.�
<br /> . . 13. Leglislation ARectteg Leade�'s Rtghts� . IP enactment or exp��ation of applicable laws Rsis the etfect of; ;
<br /> � r�dering any provisian of the Note or this 5ecurity p:ostrument unenfarceabS�aecording to its terms,Lertder,at its option, '
<br /> may require immediate payment in fuU of all sums secured by thic Secr�rity lnstrumen�and may invoke any rcmedies � !„!.=
<br /> , permitted by paragraph l9.if Lender eaercises this option,Lender shall take the stepc specifled in the secand paragraph of '
<br /> paragraph 17. �. '.� .
<br /> 1�. Notieea. Any natice to Borrower provsd=t!for in this Security lnstrument shall be givrn by delivering it or by � .s.•
<br /> crta:iing it by ftrst elass piail unless applicable lau se�uires use of another methcxl. The notice shzl.[ i�directed to the ���i�
<br /> Property Address or any rnher address Danower designates by notire ta Lender.Any notice ta Lea¢er shall be given by �:',;
<br /> flist class mal e�Lender's address stated herein or any other address Lender designates by av=��ta$orrower.Any notice ;
<br /> prodtded'for in this Security lnstrument shall be damed to have be�givan ta Bonawer c�r G.eader a+he*a given as ptovided ,
<br /> , eti tFtcs paragraph. ,
<br /> , . 15. GqTereing Law;Se�era6tlity. This Sacu.rty Instrument shall b��:yerned by fedetal law and Ihe law of the �
<br /> . � �j��r.sdiction.in which the Property-is located.-In�the e���et that er.v pravisia�e.elause os�this Secunty�lnsuumcnt or the� " � � - - --�-- - � �
<br /> Note eonflicts with applieabte law,such ce�flict sha11 not agect at�es provisions of'this 5�,:�irity lnstrument or the'R'ate
<br /> whi¢h can be givtn effect withaut tht r✓:�*ct+.ng yrovision. To th�s end the pr�visions aF tC��s Security Instrument^i��e�te
<br /> Note are declared to be severabte. „ � "
<br />; 16. 8orrower's Copy. Botr�wer sI^zll be pw�:n one conPormed copy of the Nate and of'this Ss�.utity Instrument.
<br /> 17. Trwfer o!tLt Property dr x..�ea��;c;:a� leterest in Borrower. If all ar any parl of'the�'toperty�,or any �
<br /> intetest in it is sold or transferred Ior if a benefiaYal intereat in 8orrower is sntd or transferred�nd Borrnwer is r�:7t�-.�:+.nra1
<br /> person)without Lettdet's ptior writtrn c�nsent.Lender may.at its optian,reywre�mmcd:�:e payment in fuli c1'c:�.sumc .
<br /> secured by this 5ecurity Instrument, However. this uptcnn shall nnt lse exereised by l,ertdes �f e�crcise is pro�:':�::ed by _ ___
<br /> � federal laa asof the datr of this Security lnstrument. ' �-
<br /> lf t.eitder ea�rcises this optian,Lender shall g�ve Borrower notice of acceleration. Yhe notice shall pravicte a�erind �
<br /> of noi less than 30days from the datethe notice isdelivered or mailed within which Borrower must pay all sums secured by
<br /> this 5ecurity�lnstrument.li�otrower fails to pay these sums prior to the eapiratian of this,periad.Lender may invuke any
<br /> remedies permit¢e�by this Seeunty Instrumta�t without further notice or demand un Bnrsawer. � �
<br /> 18.8orrowtt`s f�g6t to Ftelestate. if�orrower mcets rertam condili�ms,B�rrciwet �hal)have the nght t�have � �
<br /> enforetment of th�s Security lttstrument d�scontmued at any tim�pt�ot ta the earlrer�f:i�)5 days t�r such�rther peR�,d as �
<br /> � applicable law may specify f�r reit�statemenq befure sale of the Property pursuant t��eny pow�er uf s�le ce�nta�ned in this ��.
<br /> 5ecurity Instrument;nr(b{entry of a Judgment enfcrrci�g this Secvnty Instsument Thcrsr ec.nd�tlons ase that$nrre�wer:
<br /> (a)pays Ltnde� all sums whieh then would be due under this Secunty lnstrument and Ihe tiote had no acceleratt�n �(
<br /> accurred: th�rutes any �1e(sult of an} niher curer�anu nr agteements. (c! {�ays all expense4 mrurre�t�n enforcmg this ��
<br /> 5eCUttty Insttutnerit, �nclud�ng,but n��t lim�ted tc�, reationable aftorneyv fees,and(d1 takr. �uch uctu*n Fi� I.ender may , '
<br /> rtZwn�bly.rcqwre t�ascure that the iftn t�f ttett 5tcesttty Ipcttumta�, l.en�ter'S rights �n the YrF�perr} and ltr�rr�wer's � _
<br /> obligalinis tc� pa} �he tiurti. se�eercd hy thi�► 5�tiuntv lnstr�erner}t tihall c��ntar►�c arcchari�ec! l-�x�r� re��►��htcm€n� ��
<br /> BCtinwti<tht�Se�uf�ty Itf�iltutttenf Nnc3 tlrr E�bltgat�uf�5�p�ute�!herctfy s1it�U temam full} rfTccE E�e a�tt nr�au elctattc�n hneS
<br />, �xcu�red H�we�er,th�o:�ghE tu rc�mtnte shatl n:�t appiy in the�a�e�:f a,,crlcrat���rt�frufrr ��,u,�k-raphti t#��r 1�
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