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<br /> . � � ' �� iQ3128 . _
<br /> � �•It'Lrcrjder req�#red mortp��insuraricc as g condition af making the toan secnred by this Secunty Instrumert, �
<br /> . Horrowcr�h�li piy ttie pr�iums requfrad ta msintaun the insnrancx in effect nnrit such time as th,e�equirttnent fur tbe
<br /> ` insurance terenira►Ca in accoidsper xiit�Hoirower's ar�dt.ender's written agr,eement or app�icablt ta�v. _. . . _
<br /> � � . S; �ir�et�aa. L,ender ar its saent may ilsatce reasonabte enrries upon and inspectians of the Preperty.Lendcr - ' .
<br /> ; , � si�all give Bortower notice at the time of or Qrior to an inspectian sptcifying reasonable cause far thr inspecuon. � � ,
<br /> � ;� , . !. Corie�utio�.,..7'be pr�s of u�y a�rard or claim for damages.ditect or consequentiaJ,in connoctian wit6 �i �
<br /> ; ; ' uiy candemnati�n at other tafcing of any part of the Prnperty,or far conveyance in lieu of eandemnatioa,are h�reby
<br /> � . , . �ssi�nad�rad shati 6e gud to I.ender. , . �. �
<br /> � In the nreat at'a cast taking of the Property, tbe pracoeds shaU ix applied ta the sumssecurcd by tbis Seciuity
<br /> � , I»stntment,abettier or not tlgen du�witls any exccss paid to Borrower.In the event af s�partial taking of the Praperty,
<br /> ; us�kss Horra�rer add Le�tdet otherwise agree in vvriting�the sums secured by this Secority Instrument shaU be roducad by
<br /> t ;�;:;�;�;': tfie amuvnt of the praceeds maltiplied by the following fraction:(a)the total amount of'the swms securod immaliately
<br /> - �' = ::<�::; before tbe tak�sg,dividod�y(b}the fair m�rket valtc�of the Froperty immediately before tt�c.�ak+ng.Any balance s6all be .
<br /> ,4 .', . ' pts�to Horro+ker. , ...:,:�.� . . �� . :'� .
<br /> : �. .� --�..:I�the•Property is�oned by.��iwer,a�;�'r�fter no;jce 6y Lender.t�Boiravc�.:�*,-ihat the condemnor offers Lo � • . , ,. :
<br /> .: � .;:.:�,. �. . :��►awud..eX�le ac.ai��r dan��rs���orsc�-z7i;�;��� ta ces;Qad to I.es�ez:ar:t���rs after the datt the aatice is � .: �.f;:;.;�
<br /> ` , �r��.endei���;i��caStect amd:=��r�te P�+xee�s,ati��ion,eit�r Ka restarat�u�flr repair af the I'roperty ar
<br /> �' � ' - ta�esuin�sa�fip��s.�}}�.�sS�tcuiisytFCSt��t,�vh�t�erez-aottD�,�-u. �, . ' ` ..... . .:`;�:�;
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<br /> ': ..,:.:.�. Unlessl:enderandS��aa�rot��ta ��s ,ar. '�� aeariess.�� zo�r�xs� raic� b�notexte���r �� Z .
<br /> ., �. . , . � �,. C f�+� ,P � � �.
<br /> � �tgone the dua dAte of thci��nthly pa��ss cefeatr���s�.,sa�raphs i a:�3�r��aaasg�e'�Ze am�snt�6!��-uch p3yme�ts. .
<br /> 10. Borrawa Not R�ea�et4 F�..B�`�d�r-ti�s Waher. �xter��s i��.t�e t��`.:w far paymrnt or .
<br /> ....�.' . �. ��iflestion of amortization of the su�secured�� t�iis SeciEr�instrument granted Eiy�s ;der to aciy succesSOr in ` ' �
<br /> � iatirsest of BorroMer shail not operate ta releasC the tia6ility of the origina!Banower or Honower's sucressa�rs in intaest. ' _
<br /> , Le�u shs�ll nat be required to commencc praceedinga againct any successar in �nterest or refuse tu estend time for
<br /> ; payment ar othenvise modiPy amortization of thc sums sxured by this Security Instrurrsent by rpson of uny demand made .
<br /> ! by t�e urisinal Banowet or BorrowePs successors in interest.Any forbearance by Lender in esercising any right or remedy
<br /> � � . ah�11 no�bea wai'ver oEor preclude the exercise of any sight ar remaiy. .
<br /> � 11. Srtcqiors a�d A�iaqs Booad;JoInt and&renl L,1sbiUty;Co-sigsera. The cavenantc and agreements of
<br /> � this Security Instrummt�halt bind and benefit the successars and assigns of Lender and Bc�nower,subject to the provisions •; .
<br /> i oipangtaph'17.�orrowsr's covenants and agreements sht�il be joint and�several.Any Barrower�+�ha casigns�his Securiry
<br /> � inst�ument but does not caecutt the Note:(a)ia ca-signing this Security Instrument anly to rrtortgage,grant and convey : .
<br /> that Borrower•s interest in the Prapeny under the terms of�hia Security In�trument;(b)is noc persoaally obligateA to pay �
<br /> : :_ �s���_v,���,1�.j�i�i,g�airi�v�.��m�+�;�nA(e�pgrrtc+hat 1.ender and any other Barrower may aRree to extend. � '=' _
<br /> ' ' modify,furbar or malce any accommodations with regatd to the termq�f this Secutity lacirument or�he Note withuut -
<br /> �• that 8orrawer's c�nsent.
<br /> � 12. Ia�Ci�ryes. [Pthe loan secused by this 5ecurity Instrument is subject to a law whicb sets maximum faan
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<br /> eharges� and that taw is flnally interpreted so tAat the interest or ather laan charges collectesi ar to br collected in ,.-�
<br /> t cannection with the ioan eacxe� the permitted timit�,then: (a)any such toan charge sha!! br seduced by the amount ,
<br /> - necessary ta raiuce the charge ta the ptrmitted limit;and{b)any sums already collected f'rcm 8onower which exceeded _
<br /> � permltted iimits will be rePundod to Barrower. l.ender rr�ay choose to make this refund hy reducing t�e prittcipal ow+ed ' --
<br /> ; under the Note or�yr making a diteet payment to Horrawer.!Ea refund redaces principal.the reduetion wiil be trcated as a
<br /> � �artial prepayment without any prepayrreent chargo under ehe Note. ,
<br /> 13. l�tltKon ARecti�g Lt�s RIg1�t�. If enactment �r exp�ration af ap��.�.�btc laws has Ihe e���:s of
<br /> � rendering�ny provision of the Note or this Se¢urity Ar�strument anenforceable accarding ta�ts terms,Lender.at its apYr4n,
<br /> � may roquire immediate payment in full o!'all sums:�cured hy this 5ecuruy In�tn�ment and may in:�;x�ice any remedies
<br /> . � permiia h;�paragraph 19.1PLcnder exercises this optron.l.cnder shall take the steps specified in the s�::and paragraph of
<br /> t P� 8 P .
<br /> � 1�. Notiet�. Aay notice to Botrower pravided for in thic Security In�trument shall be given by delivering it dr by
<br /> msiting it by first class mail unless applicable law requires use of another meth��d. The ru,tice Shail Ae dirrcted to ehe ���
<br /> � Propeny Address or any uther addtess Borrower designat�by nut�cc tc►I,ender. Any nnnce to l.ender shall be given by ,
<br /> � flrst class mail to E.ende�'s address sta`ted herein or.any other addtes�I.ende�cie�,ignatec by ncitice�a[3�rrc�wer.Any noticc
<br /> � '± provided for'tn this Secusity lnstrument shall be deemed tu have txen gi�en tcti f3orr�►wer c�r L.tnder when given as prrnided �
<br /> � in this pAragraph.
<br /> ' IS. �a�erniwg i.rw;Seter�bility. This Sc�ur��y lnstrament tihall rir:gu��crncd hy fcdera{law 7nd the law of the
<br /> � . jurisJiMian in which the Praperty is locatal. In the evene th�t any pr��vitit�+»ur clau�e c�f Ihts Security In�trument nr the � �- � --�-- � -�-- --
<br /> ? Note cnnAicts with applicahle law.such cnnAict sball n�t u(fcct nther provitiions nf this 5ecuri�y tn�trumrnt��r�he Nate
<br /> � which can bc given efFtct withuut titc ronflicling pre�vi�i�f�. i'o thir end the pr�viti�unti E�f this 5ccunty InNrument and the ,
<br /> ' � � Nate arc deciaretl to fse severable.
<br /> # l6. Boerower'e Copy. Borrc,wer shaU be given c►ne conf�rmed a�py oF�he N��te aitd��f th�ti Secunty lu�trument
<br /> � iT. Tn�ukr o!tl�e Property or a Benefici�l interest in 13urrower. 1f all ur s�ny �art c�i the Yr��perty �ir any
<br /> interest in it is sotd or transfened(ar if s�btrtefrcial interest in Botniwer�s sold n►t�f�nsferred and fiorruwer is nvt a naturel
<br /> , persan)withaat Lender's priUr wriiten ronsent.Lerider rnay.ut its u�ti�n,rcyuirc immcdiate payment in full c�f a))sumc
<br /> . seeured by this Seeurity 1n51rument. F{c�wever, th�s c�pti�n shall nnt he exercitied by I.ender if enerc�ce�y pre►hib�ted hy
<br /> • federallawasofthedateuPthisSecuritytnstrument. , _-��-
<br /> � � If I.ender eaereises 2fi�is aptitmn,Lender shall�cve I3arrawer se�tice uPaccelerati�n."!he nut�r,e�h�il pr<�vide a period ,
<br /> • ef not less than 30days from the date the notice is�e::•�rred�r mailed wi�hin which I3orr��ver mu�t pa�ai[�um�ticcur��3 by
<br /> this 5ecurity Lstrument.if&m�wer fails tc�pay a3:L-�+:sums pre:.�*to the eapiration of thiti�eru�ci.t.e�uer;nay �nu�ke any
<br /> __ __ ., . F��#ec rr+sr�E:�Edhy thia�eeuritv trt4.¢ru.•nent u•ithr:ui furiher��i�ceor demand on liorc<>�cr � . . � _ .
<br /> I8.�rro�er's i�ght to ReinstaCe. lf Hesrc�u•er meets eertuin co»d�tm�i�, flnr:c:=�er .Isall }rs.e tF.c �ih�t in 6:�tie •
<br /> - �°.brcement o!'thiy Secu�iow tnstrument disccintin4��at ony time�rior ta th:�riser of:�aj 9 d.�}�!��r�;:,n other penod�i �
<br /> t a�pplicable Isw may specify far reinstatement)befc�r�,ale�f the Prope�ty ��:Ts��,►�c�o:,ny r��t���r�::«::+:ontamed in this
<br /> � Secutity Instrume�t;ot(b)eniry c�f�t jttcignient es►f;�rcing shis Secur'tt.E::s--::rrtent.'Chr;cc c�ndittc,ts�are titat i���'r�wet:
<br /> (a)pays Lender�U sums which then would he due�under this 5ec�.c,�e� lr:s!runient �.�.cS'the �iate had nu accc;eration
<br /> . c�ccurreA; (b)cutes any def�ult of�ny other rovrnants or agreements: (.:� ,syc all ex�:n5c� incurred �n �r�!'urrz<.o th�s �
<br /> 5ecurity Insttitment. inriuding,but nat limited tn reast�nable attnrncys fc�s;ant�(d') t�ke.��iich :i.r;��n a�l,cndr,r may
<br /> _: � . reasc�nabYy require t�a�svrr that the lic:s��f t6is Security instruiuent, t.encier's right� �n thr {'r��pe;�: .�ri� t�rrt��wcr's , �:•
<br /> obligut'ti►ij to pay the sums secured by th�s Security Mstrumrru �hal} Ec�:st�nue uriehsngeci L��ltlJ Tllily�d�fllf[}If �)� �,,, �'
<br /> $oTtpw'es,this Srcurity instrument and the flblig�tii�nssecutrd hercby+hall rru�ain iblty cflect��e a��f ni�acce}etaUi�tt trad
<br /> ctrcurrrd. Hawever,this nght to reinstote shal!na�'apply in�tie ca�c a}f.�ccc��cr;,t��nr u,�dcr r;�r�cruri�s 13 e�► 17
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