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<br /> . 94'° 102��'J
<br /> � If Lender cequired mort��ge insurance es �candition oP making the losn stcured by this Securi�y Insttument,
<br /> 8ottower thafl p�y the premium�tequired to maintun the insutuuce in effec�until such time as the requirement fur the
<br /> h�sunnc�'te�lltiil�itts in acc�rd�nce a�ith Botrower's and Lender's written agrament or applicabls law.
<br /> � i. � `'�;�`'-t,endr�r vr itx agent may make re�sonable entria upon and inspections of'the Froperty.Lender
<br /> �1 ave Hnaawer noti�e al tlie�ime oPor prior to an inspection specifying rason4ble cause for the inspection.
<br /> 9. Co�ia�ti�. 7'ht psocteds of my aaud a�clsim for d�mnges,dirat or consequairial.in cAnnc+ction with
<br /> tny condemnation or other taking of any part of the Property,or for conveyance in lieu of condemnatiort. are hereby
<br /> �tsisned and shall bt ptid to Lendtt.
<br /> � In the evmt of a total taking oP the Propeny�the proceeds shall be applied to the sums secured�y thia Security
<br /> Inxtrument,�+inether or not then due,�rith sny oxcas p�id to Horrower, ln the evrnt of a putial takins of the PropertY.
<br /> unk�Horrower and Lenc�r otherMise��ra in writing.the sums secured by this Security Instrument ahdl be reduad bY
<br /> the amount of the prooeeds mulHp6ed by the follo�viag fraction:(�)the totd amount of the sums secured imme�diately
<br /> bd'ore the takin�dirided by(b)the fair mukd vatue of tbe Property immediitety before the taking.Any b�lanoe shall be
<br /> paid to Bormw►er.
<br /> If the Praperty is abandoned by Horrower.or if.after nolice by Lender to Borrower that the condemnor otFers to
<br /> make u�awud or settle a cl�iin ior dama6es,Borrower fiils to r�pond to Lender within 30 day�s atter the date che rtotice is
<br /> �iven,Lender is�uthorized to collect and a�ply the proceeds,at its option.either to rator�tion or repair of the Property or
<br /> � to the sums secured by this Security lnstrument,whether or not then due.
<br /> � Unless Lmdcr and BorroMer otherwiae agra in writing,any application of�roceeds to principal shall not eatend or
<br /> ' postpoae the due date of the monthly p�yments refernd to in paragraphs 1 and 2 or change the amount of such payments.
<br /> � 10. Borrower Not Rele�d; For�ar�By Lender Not a Wd�er. Eatension of the time for payment or
<br /> modi8estion of amortization of the sums secu�red by this Security Instrument granted by Lender to any successor in
<br /> � interat of Borrower shall not operate to relesse the liability of the original Horra�wer or Borrower's su�cssors in intcrat.
<br /> I.ender shtU not be required to commence proeeedings against any successar in interest or refuse to eatend time for
<br /> payment or other�ise modify amortiution of the aums secured by this Security lnstrumtns by reason of any demand made
<br /> by the oripnal BorroMer or Borrower's sucoesssors in interest.Any forbearana by Lender in eaercising any right or remedy
<br /> shall r�ot be a wraiver of or preclude the eaeercise of any right or rtmedy.
<br /> l�. g�ccea�ors�sd Mdpq Boiud;Joiat a�i Se�eral I.iability,Co�i�ners. The covenanu aend�greements of
<br /> this Security Instrument ahall bind and beneflt the succasors u,d assigns of Lendcr and Borrower,sub,je�t to the provisions
<br /> of pu�graph 17.Horrower's cavenants and sgratnents shall be joint and several.Any Borrawer who co-signs this Securiry
<br /> Iastruraent Aut does not eaceute the Note:(s)is co-signing this Sa:urity lnstrument only't�mortgage,grant and convey
<br /> that Borrower's intenst in the Property under the terms of this Socurity Instrument;(b)is not�ersonally obligated to pay .
<br /> thc ettas5�ee�.�*e�!+y ihis S!+�arity lnstrument;and(c)agras that Lender and any other Borrower may agree to extend, �_ ;
<br /> modify, forbear or make any accommodations with regard to the terms of this Security Instrument or the Note w�thout --4�:
<br /> -. - . Lt A,n�rrnlr�r•wrnnvnt. . _ -
<br /> t2, Lws C1ar�es. If the loan sacured by this Security Instrument is sub}oct to a laa which sets maximum ioan -
<br /> chuges. and tlu�t law is fin�lly interpntod so that the interest or other loan charges collxted or to be collected �n _
<br /> connxtion with the loan excetd the perrnitted Gmits, then: (s)any such loan chuge shall be reduad by the amount . -
<br /> neassary to reduce the charge to the permitted Gmit;and(b)any sums alrady collected from Borrow�r which exceeded .
<br /> permitted limits wiU be refunded to Horrower. T.,ender may choose to make this refund by reducing the principal ow�d �
<br /> under the Note or by making s direct paymGnt to Bonower.If a refund reduces principal,the reduction will be treated as a
<br /> partiil prepsym�,�t without�ny prepsymrnt chuge under the I`otG.
<br /> 13. Le�islatlo� A![ecda� I.eaderys Aights. If enactment or expir$tion of applicable laws has the effect of
<br /> rendering�ny provision of the Note or this Security Ins2rumer�t unenforceable according to its terms.I.ender,at its option, �
<br /> may require immediate payment in fult of all sums secure� by this Security Instrument and may invoke any remedies ' :,
<br /> permittod by puagnph 19.If Lender eaercises this option,I.ender shall take the steps specified in the second paragraph of
<br /> �
<br /> � P�B�Ph 17.
<br /> 14. Notlee�. Any notice to Borrower provided far in this Security Instrument shall be giv�n by delivering it or by �:,
<br /> maiting it by firat class mail unless appJicable law requires use of another mcthod. The notice shall be directed to the ��°
<br /> ,.�..,.
<br /> Property Address or any other addras Borrower designates by notice to I.ender.Any notice to L.ender shall be given by .
<br /> first cl�s mail to Lender's address stated herein or any other addras Lender designates by notice to Bonower. Any notice
<br /> provided for in this Security lnstrument shall be deemod to have Txen given to Bonower or Lendor when given as pro��ded
<br /> in this pu�graFh.
<br /> 15. Cs�erniaQ Law;Se�srability. This Security Instrnment shall be governed by federal law and the law of the
<br /> jurisdiction in which thc Property is located.In the event that any provisioa�ar clause of'this Security Instrument or the
<br /> , Note eontiets with appticable 2aw,such conflict shall not affect other provisions of this Security Instrument or the Note
<br /> which can be given effect withaut the conflicting provision.To this end the provisios�s of this Security lnstrument and the
<br /> Ttote are declared to be sevemble.
<br /> !6. B�owe�'s Copy. 8orrower shsll be gi��en one canformed copy of the Note and of this Security Instrument.
<br /> :?. :'rsa.btsr at t�-Pr��.-i; r.*:����e! intts!s� i� N!�*r�wer. lf all or any part of the Property or any
<br /> interat in it is Sold or transferred(or if abeneficial interest in Bonower is sold or transfened and Borrower is not a natural
<br /> person)with�ut Letider's prior writtece c�nsent,I,eR�der may.-at its option,r�quire imsr�ediate payment in full of all sums
<br />: secuted by this Security Instrument. However,tttis option shall not be exercised by Lender if exercise is prohibiced by
<br /> federal law as of the date of this Security instrumernt. ,-___ -�____
<br /> • If Lender exercises this option,Lender sha��give Borrawer notice of,�cceleration.The notice shall provide a penod ,
<br /> of not less than 30 days from the date the notice is ddivered or mailed w�thin which F3orrower must pay all cums securecl6y
<br /> this Security Instrument. If Borrower fails.to pay thae sums prior to the eapiration of this period,Lender may invoke any
<br /> ' remedies permitted by this Security Instrurnent without further notice or demand on Borrower.
<br /> l8.Borrower•s Right to Reinstate. If Bonow•er meets certain conditi�ns, Borrower shall have the nght to have
<br /> enforcement of this Security lnstrument discontinued at any time pnor to the earlitr af:(a)S days tor such other penod as
<br /> applicable taw may specify for reinstatement)before sale af the Property pursuant to any power of sale conta�ned in this «
<br /> � Security Instrumtnt;or{b)entry of a judgment enforcing this Security lnstrument. Those cond�t�ons are that Borrower� �
<br /> (a) pay5 Lendet ali sums which then would be due under this Security Instrumer�t and the Note had no acceleration �
<br /> occurred;(t�) cures any dePault of any other cavenants or agreements: (c) pays all eapenses �ncurred �n enforcing th�s n
<br /> Securiiy Instrumeni, inc➢udi„g,`vui no4 �:z�fied to, ;�nahl: att�rne,s' fees: 3.nd {dJ tA�es s�!ch acuon as L.ender may ��
<br /> reasonab'ry reqmre to assure that the h�n of thts Secunty li�strument, Lender's nghts �n the Propeny and Dorrower's +
<br /> obl�gat�on ta pay the sums secured by this 5ecunty Instrument shaft cont�nue unchanged l'�+c�n re�nstatement bq
<br /> Borrawer,th�s Secunty instrumcnt xn�the obl�ga.tion�seturc� hereby�shaf{rema�n fu!!y:ffectt�e a�if nr accei�ranon had
<br /> occurred.How�ever.this nght to ranstete shall not apply in the case of accelerat�on under paraRraph� i 3 nr 17
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