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<br /> 90� 10�011
<br /> � IP Lcnde� rc�uired mo�lga�a inss�rance as a canditian oP n�aking the laan securcd by �his Secari�y Instrument.
<br /> Aarrawcr shall pay the premiums reyuired ta mrintain the insuattce in eKect until such time a��he rcqui�emen�tor the
<br /> insur�nce terminatec in�ccordance with Borrawer's and Lender's written agramen�ar applicaQle Iww.
<br /> a, ias�eetto�. Gtndet a� it��6ent may m�ke�cti3onablr entrics upan and ia��ctian�o!the Prcpeny. l.e�der
<br /> sh�l1=iYe�3Cxrawe�natice�t�Ae time aPor priar to in in3pection specifying ieasanablr c�use far the tn�pection.
<br /> 9. CoAde�salloa. The proceeds af�ny awsrd ar cl�im for dam�ge�,direct a�consequenliai,in conn��ion with
<br /> any cendemn�li�n a�o�her takin� of any p�rt of'the Propeny, or for caovey�nce in lieu of candemnalion�are ficteby
<br /> aui jned and sh�ll 6e paid to Le�der.
<br /> !n the event oi'a total taking of the Prapeny.the proceed�ihall be applied t�a the aum�sceured by this Secudly
<br /> lnstrument.whether at not then due,with�ny excess qid to Bor�awer. In�he event of�panial�ekins of�he Property.
<br /> unless Eb�rowe��nd l.endcr otherwix�ara in writin�,the sums securcd by lhis Secu�ity Instrument ahell bc reduced by
<br /> the�maunt of the proceeds multiplied by the folMwin�fntction:(a)the taul�maunt of the sums secured immediately
<br /> betora the takin�.dlvided by(b)the fii�market value of the PropertY immediitely before tbe takina.Any Mlance shall be
<br /> p�id to Borrower.
<br /> 1P the Property is�bandoned by 8or�ower,or if,�fter notice by Lender t�E3orrower thst the candemno�oA'er�to
<br /> m�ke an aMrard Qr settle�ctnim for damages.Bc�rrower fails to respond to l,ender within 30 da�•s aRer Ihe date the notice is
<br /> di�en.Lender i.�,r�uthQrezed to rnllect and�pply the proceeds,at ita��piion.eithec r,��testoraEia��.�c repair af the P�open��T�r
<br /> tor.hesumsse�.�u.tcc�a}titi��.��:C��ritS!ns[trrrncnt.v�hetherornoithen�te:c. .
<br /> Urt�1lr�deG ar�a�i�.=rccwcr otherveise a�re�b�w�iting,any a��lir�art��a::cri'rr.n�eec4a Ec.+�rincipal s�s�Jl m:M extend nt
<br /> p��t�+ene tEnt�r,�.date vf the c*�onthiy ps.g�.eAts reFacFC��tQ er para�raphc i a;�ii�c�a rl�scr�te r,he amount�t£s.���+�+a}ments.
<br /> 10 �er Nat Reteaser:F'�a�rAa�a�ce Bq ta�eR l��t• �'�'�tre�. E�tensse+n c�'the timr far paymenl ar
<br /> � eirod'e!'icaeiu�an af amo�tizatio�af the su�s secured b� this Se�..i:s�t3 lnsirument granted b� i.cndu to aoy successor��n
<br /> interat of BorMwer shall not operate ro�eltase the[iabititv�Tthe origina)Barrowe�at Bnrmaer s iuccessora in int�res2.
<br /> Lender shtll not be �equired to commence proceedinds against any succes.�or in interec� or refuse tn eatend ticztr 4'a*x
<br /> � payment or otherwise madify amortiulion of the aums seeured by thic Securi�y lo�irum�nt by reasc�o of any demund m�fe
<br /> by the oriaenal Borrower or Honower's successor�in i�tere�t.Any farbeara�ce by Lender in exercisina any right or remedy
<br /> shal)nol be�w�iver of ar preclude ihe exercise of eay riEht nr�emedy.
<br /> �i, g������d��o�p��e�0 Se�en� 1.iaWlity;Ca�i�ers. Thc corenanls and agreemento af
<br /> Ihis Security in�trument s�hall bind�nd beneRt the iuccexeats�nd aisigna oP l.ende�a�d Horrower,subjeclln�he ptaoicionc
<br /> of Mrs�r�ph 17. 8orrower's covenanta and a�trerments ahall be joint and uve�ai.Any Bo��ou•er who cc+-�ign�this Securi�y
<br /> Inat�unxnt but daea not eaecute the Note�(�)is co-+ignin�t thii Secsuily inc�rument cmly to monRagr. granl and convey
<br /> that Borrower's intercQt in the P�openy under the term�af th�c Secu�ity Ins�rument;(h1 ic n��t personally��t+ligated lu pay
<br /> the sum�secured by Ihis Securi�y ln��rument;and(c1 a�treea that I.rnder and nny rnher Ifr�r���wer may ag�ee to entend.
<br /> m�aqiiy,iorixar u� m�we�r��.::c.r.i�sc�atian:��sh :egar��!n the terms of Ihis Secutily Ina��umem ar the Note withoW __
<br /> that Horrawer's consent -
<br /> 12. l.o�w Clu��. If the I�n ceeured by thic Seeurity In�trumenl i�cuhjee�In a(aw which�el�ma�imum I�n
<br /> -_ - _ �na���. :ini i�3i :::: :s�»sl:•. :^ ^••-'"'� ��• �hnt ih� �n�rrrst �v o�hcr loan cF►zrRCS c��ll��ttd �,r t� be callectcJ in -
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<br /> connection with the loan excecd the permiuid limifs, then: i•+i any cuch laan rt�argc�hall t+e reducc�f by �hr amau��t � --
<br /> neca�ary ta reduce the char6e to the permitted limn;and Ih)any cum�alrrady collected frnm Fi��r��wer which e�ceedeci -
<br /> permitted limits will be refunded to Ror�ower. Lender may ch�xxe to make Ih�c refund hy reducing the p�ineipal owed .
<br /> under tht Nate or by makina s direct payment to Horrox•er.If a refund rcduces principal.the reduct�on will be treated a�a i
<br /> parlial prepayment,withaut any prepaymenl charge undcr Ihe Note
<br /> 13. l.e�islation ARectis� Le�du'a RiRAfs. IP enactntent or expiration of appf�whle law� has �he effcct af
<br /> rendetin6 any provician of the Note or tt�iti Security lnatrument unenfnrceahle according t�it�termc,l.ender,at itc�ptii�n. ,
<br /> msy require immediate payment in full of all sums �ured hy �hir Srrunty Instrument and may imoke any remedies ;
<br /> permitted by paragraph 19. If Lender eaercises thi�aption,Lender shall take the stepc cpecified in the second paragraph aF r -
<br /> pan6raph 17. ,
<br /> l�. Natiees. Any notice to Borrower provided for in this Secunty Instrumenl�hall he given hy delivering�t ot by ,
<br /> mailing it by first ctass mail unless applicable law requires use�f anothtr method The m�tice shall be direrted to the �
<br /> Properly Address or any other address Borrower designatcs hy notire t�lender.Any notice to Lendet shall be given by •,�
<br /> flrst class mail to Lender's address stated he�ein or any other ad�iresc I,ender deagnates by notice to Hc►rrower. Any notice
<br /> provided for in this Seeuriry Instrumens shall be deemed to have been g�cen to Bc�rrow•er or lxnder when g��en as ptovided
<br /> in this paragraph.
<br /> lS. Governie�l.�w;Se�ertbility. Th�s Secunty in�trument�hall t►e tiover�ed by federal law and thc law of thc
<br /> juriuiiction in which Ihe Property is lacated. In the cvent Ihat any pro��ici�n or rlau�e nf Ihic Secunt� Instrumcnt or Ihc
<br /> Note canflict�with applicable law.such conflicl shall not atfect ottier pr�viti�ns of�hie Secunty Inctrument c►r the N��te
<br /> which csn be given eRect without tht conflicting provision.To th�s end the pr��visions of this Secunt� Imtrument and the
<br /> Note:rc declared to be severabk_
<br /> l6. Boetower's Cooy. Bntrower ch�U be Riven one cnnf��rmed c�ry of�he Nate and of Ihic Securuy Imtrument.
<br /> 17. Tnssfe�of the Piroperty or a fienefltial Interest in Borrowcr. If al) or any par� of Ihc {'r�perty or any
<br /> intettst in it is sold or transfened{or if a bcncfirial iatcreet in Anrrower�s st�ld c�r trarisferred and l3c+rrnwer ic nrn a nawral
<br /> persoz)wi�hout Lender's prior written consent.I.ender msy.a� its op�ion,require�mmediate paymeni in fuii of all ru�n�
<br /> secured by this 3ecurity In�trumenl. Nowev�r, this aption shali not be exetc�sed by l.ender if eaerc�se n prahibited by
<br /> feder�l bw as of the date of'this Serurny Inctrument.
<br /> If Lender exe►eises this aptian,Lender shall g��•e Ii�rrc+�cer nohce�Tf accelerot�on."i he n�itice shal)pm�•ide a penerd
<br /> of not Iess than 30day�from the date Ihe oot�ce is delivered or ma�led w►�h�n which ii�►rmuer muct pay all wmc�erured by �-- -�`-
<br /> th�s Sccurity instrument.If E3�tt��w�er faik to pa�•these sums�sze�s�n thc ei�irat►�n��f th��F+encxi,txnder may�nLCT[,e any
<br /> remedus permitted by this 5ecunty IRStrument w�ithout furthet�ntrce or demand on R�rrc�er
<br /> 18.Borrawe►'a Right to Reinsta4e. If Eie�rrraer me�ts cestain cnndit:on�. Hc�rrower shall ha�e the nght to have
<br /> tnfbreement of this Setrs�i:y lns�rument discontir�;c.rl at ai��t:me�+nor to the eacher of fa)5 days tar cuch other penod as
<br /> �pplicable taw ma��spechfy fnr reshstatement)txCore sale oithe Ptnpetty purcuant tn a�y �x�wer nf�a2s conta�ned in thic
<br /> Secunty Enssrttment;or(b)entry �:ia Judgment enfarcing th�s S�urily Ins�rument. TEt*tsc rnndiuonc arr that B�^rrow•er� �f
<br /> L {a) pays Le�der all sums which th�n would be due under c�:ic Stcunty Instrument an�i the Note had no acce4esat�un �
<br /> ocrutred: Ih)cures any deft,ult �f�ny ather covenants or agreements; (c)pays all eapences +ncurred in enforring this
<br /> Srrurity Inctrucnent,includmg, but not hmited to, reaumable auorn�ys iees: and (d) takec such actmn as Lender may '�
<br /> reasnnably requirc tn aSSUre that �hc hen nf th�s Secisnry In�trument. �ender'c nghta i� the Prc�perty and Hnrmwrr'� '�hp
<br /> obli$ation lo p�y tl�e a�ms cecared by Ih�ti Secunly tntilrument �hall conl�nue unchari6ed t�pun re�nclatemenl hy s�1
<br /> Borr<►wer,thic Securi�} In�trurnent nnd the�hhgF�Uans secured herehy chall rernam fully efTecti�e a�d nr.acreleratirni had '
<br /> «curred flnu�eYer,thtic nghl lu re�nstute.�hail not ap��ly�n the case of aceeleration under paragraphc I 3��r 1? ''
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