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<br /> � 94--10315fi � � �.
<br /> � � i!'Leedes ttqaired-mt�rtpao'insnranQe r►*�candiuon of miicing tbc taen secured by this Seciuity Instrament. .
<br /> Borra�ver sball pay tlie praninms raguir�to m�inuin the insurmce in etfe¢t antil aucb tima as the mjuiremeat fo�tt�e
<br /> inseranee tumi��ta ia socordana a►itb Borro�+er's and Lender's�vsitten agrament�r appficable b�r. '
<br /> -� � !. �e. bender f►r iis agant may makt rasot�abte entriex v � . � . �
<br /> aball veBorm�vernotioeatth�timedrrr rwriowi i�aadinspeetimeso€tluP�y.Lender .
<br /> t� p � nsPectionapecefyingreasonsDlccauscfartheiasp�tion.
<br /> !. �ie�st�. The p�+oeeeds of ury i�vard or c1�im For dnn�a�es,.dicr��r ronsequentia�.ia ooanx�ion�rith � .
<br /> a�y condemnation o�r aher tatin�af aay put of ttyc Pra,p�gx crr fes cun�e}a��'�.�irn of condemnation,ue hereby
<br /> � atdpfedand sbui►If I�e piq�d tal.Mder. :�i'::: : , . ;::
<br /> ' In tbe evatit df s.tbtii.taking of the.�e�rty.t�hc�s sl.�;.:�e app�����'�e s�as.s�ecured hy this Savrity . .
<br /> : � Instrwae�G-�►l�etlkr or�at thai due,�vith ar���ass pai+�to Horro�>�in the e��#:�€:parltia�t�ltins af tbe Property,
<br /> , unias Horrv�u�i F.e�ndu athawist a�ro+�!s.vriti�g.ttte snms secured by this Se�issoty Frf�irument shall�e rednced by .
<br /> ihe amdiat of the grataeds mnidpl�d by the fallmving frscuon:(a)the total amonnt of the svms sacured inamediatcTy � �
<br /> ` 6efore tbt taitie�divided by(b)the fiir mutcet vafue nf the Praperty immedistely beFore the taking.Any bttance siWl be
<br /> = paidtoHvr�ra. � _ . .
<br /> If tbe Property is abandnned by Bort�r.or if.after rtotice by Lender to Borrower that the candannvr oRers to:. � - ��� ' . .
<br /> matce�tn a�atd os stttk a claisn f�r�tEe"s.�`�ariower fa�s to sespand io Lender within 30 dsys after the date the notice is . '` ��"'`:':;�'%
<br /> , �iva���er,is authorized to ca�and�y the proceeds.at iu o�tioa,ather to restoration or repait of the Property or '.'��
<br /> .;;':,:� � to tbe��cured,��ihis Sxuri�z�st�e*.�er.::wheiher or not then due. - . �° -
<br /> ; ;::.: ;::�.:.:_......
<br /> ,� • �-.�'�ia Lea�r;�d Horrrnvtt o;bcr��a in arriting.any applicatian of�rnceeds to printcipal shaU not estend or��.
<br /> :,�;,�.4 � �.:.:�:":;,�c�e du�c�er�'the monthly psyaz����derred tq in paragraphs i and 2 or change the airionat of such psymatts. �� :
<br /> :�t.. f � �{Q1;�:�orro��r'Not Itel� FarDaraace By I,endtr Not �Wafier. Eatr�sion of the time for payment vr, ` �
<br /> ;;;::;,,;.. . modi�r,�i of smartiution o;�sums savred by this Sccurity Instrument g;zaa�ed by Lendu to any,successo�in � .�
<br /> - ' interati�t 8orroarcr shsll rrot opee��e ta rrle�se tbe lia6ility of the original Borrov�er:a�r 8drro�ret's successors in iatarest:- : " � .='�';�.,;�`�: - -
<br /> � . Leader s1Wl not be..�quired to`commertce�r+oaedings against any srsecessc�r in iattrest or t,efuse to e�tend time foi. : `'� ' . � �
<br /> _ � p�yment op otlra�_ia�vdify amortizatior�ofshe snms secured by this�rccunty insYrumtnt by.rreson af any�lecnand tnade�.: '.
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<br /> by the�&siati.^�vet or Horrower's successors in inter�.st.Any f�rietaranca by.i.t�ider in euucisin�any right ar rematy � � . �
<br /> . sh�l�ao�¢@�s wtiver cr''r ar pnciuda�he eaercise of any right or�-emedy: °�::: . .
<br /> . � ' 1�. Specpro�s aii Aitips Horad;doiat and SeTernl UabiHty,Coaig�s;�.,The covenant�and sgreements of
<br /> , . this Se�urity Instrument ahall bind�tnd benetit the successors and assigns of Lender and Borrawer�subjest co the provisions
<br /> � of paragtxph 17.Boao�rer's cavenants And sgatments shsll be joint and several.Any Horcowtr who casigos this Socurity � `
<br /> • Instrument bvt does not eaecutt the Nate:(a)is co-signirtg this Security Instrument only to martgage,grant and convey '
<br /> � thst Borrawer's fntaest in the Property under the terms oF this Security Instrument;(b)is not personally obligAted ro pay •��-
<br /> ; the sums seeured by this Security Instrument;and(c)agrea that i.enQer and any ather Borrowcr may agree to extertd. .
<br /> __. _ _ modity�forbear or make any eccommodations with regard ta the trrms of this Secunty Instrument or thc fVote without -'-____
<br /> � that BarroNU'sconsent: � �- � '. . -
<br /> 12. I.ou Ctsr�es. If the foan secured by this Secunty Instrument is subject to a law whith sets masimum loan
<br /> chsr�es, snd thu law is 6nally interpreted so that the interest or other loan charges collected or to be coltected in -
<br /> conneetiot�with the toan exceed the permitted limits, then: (a)uny such loan charge shall be reduced by ihe amount
<br /> neassaty to reduce the chuge to�he permitted limit;aud{b)any sums already coltected from Borrnwer whisb excoeded �
<br /> permittfld limita aill be fefunded ta 8asrowtr. Lcnder may ehoos�to make this refund by reducing the principal owed �' —
<br /> under the Note or by m�king a diroct payment ta Rartower.ff a refund reduces princ�pal.the reduction will be treated as a �,
<br /> ; partial�preptyment without any prepayment charge under the Note.
<br /> i 13. L�latiou Ali�eettag 1.eader'e Rig1��t. If enactment or expiratton of applicable laws has the effcct of
<br /> renderina any provision of the Note ot this Security tnstrument unenforceable according to ita terms,i.ender.at its aption.
<br /> � may require immediate payment in fuU of all sums secured by thiti Security Instrument and may invoke any amedies
<br /> � permitted by paragraph 19.IP 1 tnde�eaercis�this optian,l,tnder sball take the steps specified in�he second paragnph of
<br /> . P=r+E�xPh 17. _ �
<br /> 14. Ndicei. Any notice to Botrowtr provided f�r in this Security Instrument shaU be given by @elivering it or by
<br /> maiUna it by flt�t clus msil unless applicable 1aw rcquires use of nnother methad. The notice shall be directod to thr -
<br /> Praperty Address or sny other acidress Horrower designates by n�tice to i,ender. Any natice ta Lender shall be given by ''�
<br /> ; � fitbt etass mail tb Ltnder's sddress atated herein ot eny other address l.ender designates by rtotice tQ Borrower.Any notue 'F
<br /> provided'fot in this Security Instrument shaU be deemed t�ha�e been g�ven to Hurrcxcr e�r Lender when given as provided
<br /> . ' in this puaar�ph. •
<br /> lS. G�erei�Lw;Setenbillty. This Sccurity instrument shall be governed by federal!aw and the law of the
<br /> � jnrisdietion in�hich the Froperiy is located Im the event that�ny pro��ssian ar clause of ihis Security lrtstrument or the
<br /> ; Note conlficta with applicable Iaw,such conAict shall not.affect other�ruvisian�of this Securi;y lnstrument or the Note -�� �- -����- �--- - -�- - -
<br /> which can be given effect withQUt the conflicting provisian.7'o th�c end the provisions of this 5ecuri�y Inst►ument and the
<br /> ' Note are declued to be severable. '
<br /> , '�' 16 8orrower's Copy. Botrawer sha11 be g�ven one w»furmed copy Uf the Note and of this Security Instrument.
<br /> 19. Tdwter o!the Property or� BeneAci�l Interest in Borrower. lf all or any pan of the Yroperty ar a»y
<br /> interest in it is sold or transferred(nr if a brneficiat intetest in f3orrawer is sc�Jd ar t:�nsfer�ed and gorrawer is nat a natuta!
<br /> person)without Lender's prior written consent,Lender muy,at�ts option,ceyuire immediate paymeni ir,full af aU sums
<br /> � secured by this Security Instrumtnt. However, this nptta�� shaU noi be eaercued"�y lxnder�f rxerctse is prohibited by
<br /> federallaw as of tbe date of this Secauity Instrument.
<br /> Jf Lendtr exercises this option,Lender sfiall givt 8orrower notiee af acceterat:on.The notice shall provide a periud
<br /> of not tess than 30 days from tht date thr noaar��s deliverrd or ma�le�v��.�i�.�.n whccZ:$orrower must pay all cums secured by .-=_ _--
<br /> this 5ey:;�tity Instrument.lf Bonc��•er faiis w pay these sums prior to a�,.e.xpirati.:3 c�this period.Lender may invdke any �
<br /> � rrrC.ed:�ss permitted by this 5ecnri,�s�dnstrument without f�csa�tt r►otice e�r��mand c�r,�orrdwer. � ,
<br /> 1�.8otrowtr's Ri�►f to Rtinqate. I�$Of[OWEf 1'[iC[!5 CffIIIF��.^,IldlilULlSr F3c�rr�wer shall have the right ta have �
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<br /> ' �� enforct^^etil of this Security Insfrumtnt disca�ritinued aE any timc pric-.:� :fie carfier of:(a)5 days(ar surh other penad as ,
<br /> applica�:e iaw may specify for re;pstatement)before sate�:f�he Pr�rp.r�, pursuant t��any p�wer c�f sate cvntainrd i�i this `
<br /> � " � 5ecur�c����tstrument;or(b)entry�f�judgment enforcir.z^_�is Security 7nstrumrr.c Those conditwns are that Hptrower: ��
<br /> `..� � (a)pays 1`i.endtt aU sums which�,s;en wonld be dut un�'er this Security Instrun:ent and the Note had no eccel�ration
<br /> oceutted; (b)cuEes any def�ult af any other covengnts or agreemet�ts: (c)pays all rxpcnses mcurred m enforcing this
<br /> 5eeurity Instrument,inclading,but not limited to,teason$ble attnrsteys' fees: and(d)takec svch act�on ac I.ender may
<br /> � . feasonably require to assure that ihr lien af this 5ecurity lnstrument, Lencfcr's nghts rn the ProDesty and tiorrower's �
<br /> oblig�tian tv pay the sums secured by this 5e�urity Instrumert shal! r<�t►t�nue uncharigec! E'�on reinstatement by �
<br /> - � Horrowu,this Security tastrument and the obli�bpans secured hereby shbll remau►Pully E#�ect�ve as i!`na�±eceteralior�had = -�-- -
<br /> occurrtd.Hawever,this right to reinstate shall ncrt�pply�n ttte case af acceieratian ur,der paragraphs 13 ur 17 � •
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