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<br /> . tf tenaex roqui,+ea awrtp�e insuru,oe as s oond;tioe cf makina ak ban securoa by Uus security rnurue�et�t�
<br /> - ° , � . 8�'t'�oxer stull itay the praniwess required ta m�ntaia t6e insurta�in e�art natii sucb tinrc as tbe require�a�t for tbe � . _
<br /> ; � iasurar�cx terminsta in acc�rdsnce w�itb Borro�er's�nd Lepder's��iitten s�+eemsnt ar�pplieabie 4W. -
<br /> i. ta�tli�. I.ender ar its ajant msy totke t+e�asosaDk tatrecs upon and i�spectiorn o�tt�e PropertY. �ertder ,
<br /> ' shall pve Horra+�u aooiceat tlie wpt pf or prior to sA inspectiuc�specifyina reason�ble qusa for the inspectiun: >
<br /> � `. !. Csri�i�., The proceadt of aag aMacd a claim for d�nss�a.direct or can�aquaitial.in oasu�ece�on�rith
<br /> = au�r oondm�nstaon or aher t�lcie�of aay part of the ikopeity.or for cunveyance in lieu of condemnation.ue 6ereby '
<br /> . �� , �i,p�edredsi�UbepadtoLender. ` .
<br /> � In t1�e evmt af a toul talcins of tIK P:opertq.the proceads shaq be apglied to the sums secured by,this Security
<br /> ' tnst�eet,yfktLer dr not tLen due.�rith any excas p�id to BaroMer.In the event of a putiai tsiciva oi tbe Pr+opertY,
<br /> wle�t�octan�rer ard I.ender oth�vi�e�ree in Rritia�,the swns secured bgr tbis Security Instrument sh�l bt reduoed by .
<br /> tl�ana�t ot tbe prccxeds mnttiplied-by tt�foita�rma fraction:(s)the tatal amwmt of the wins aocured ia�medistdy
<br /> ���divided by,(b)We fair muket value af the Pro�perty immediatety before the takina:Any balaece sball6e
<br /> :. t .� If ebe Propercy u absndoned by 8orrwrer:ar if.afta notice by Lsnder to Boaower thst the condemuor of[ers to -
<br /> ` , ' auice as aMard ovtdtk s claitn fa dama�es.&xroMer fails to rapand to I.tnder�vithin 30 days aRer the date the�oticeis
<br /> , pveA.Laider is autboriud to colkce and�ly the procads,at its aption,either to.r�estorxtion or repau of the Propaty a '
<br /> ,` � w the w��ecured by tbis Secnrity Instrummt,ahettr�er or not thm due. � . � � •
<br /> � � Unlas I,ender ar�d 8arroMa other�rist a jree im�riting,any application oi'procads to principal s1u11 noc extsnd or �
<br /> ' postpone thc due date of the monthly psymmis referrod to in pangraphs 1 and 2 ar change the amount of such payment4.
<br /> 10 l�orrower Not lteka�e� Foeiean�oe BY I.e�der Nut s Wai�tr. Eatension of the time for psy�ent ot
<br /> � modi6estion of amonituion oP the swns secured by thi��Securit� Instrument granted by Lender so any successor iu � �
<br /> -- . i�i�est isf Bo,�a�ver shail ncft a�rzt�to setease ths lia�ility of the��tigitsa!Batrowes or 8c3:rawer's svcc�ur in�i,-�tere�. . .
<br /> Lendet shall nat be reguire�to commence procoedings sgainst any successor in interes! or refuse to extead timt for �
<br /> ' , paytnertt or ot6erwise modify amortization ot the stims securod by this Security lnstrament by rea�son of aag de�nas�d m�te �
<br /> by the oripna!Bqrro�ver ar BonoMet's auccestora in ieter�est.Any f�rbwrance by Lendu in exercisina any ri�fit or se�r
<br /> � � s1nU rat be a�rsiver of or prectude the e:e�se ot u►y riaht ot remed�-.. r'.;
<br /> : . '� i1. S�etsMO�s Yi A�1ip�U���Oi�t a�i Seneal I�;Co-fipKrs. .The wvenanis and agramcnta of ' _
<br /> ; this 5ecusity Iastrum�t shall bind aa8 tie�e�tt ti�t succtssnrs and assigns of Lender and B6rrowa.subject sct the provisions �
<br /> ' of p�rajnph l�.BOrto�ver's covpu�ttts si�Yace+antnts ahall be joiat and sevesal.Any Borrower who co-signs tbis Security , --
<br /> Jnatniment but does not esecute the Natc�a)is co�signing this Security Instrument only to mortgage,grant and convay `�
<br /> , , ����v�iBWEi a iitEfacsi tii 4�1E�ivptii}t t�G`pci iiiC iCtttri ui ii11b ai+:ai�a�ij+iiTSi/uitlCili:{�)fS ti0i�1Si»lrii�y OZ1ifj�ttCti iv� i -�--'_
<br /> the sums secured by tbis Security Instrument;and(c)sgras that�t.=nder and any other Borrower may agree to eate�i, � '
<br /> modify�Porbar or make�any accammodations with negard tu the terms of this Secunty Instrument or the Note�vithout ' � ��:
<br /> thst Borro�ver's coasent. .. ,
<br /> ; fZ. Lw�I�u�. If the foan securea by this Security Instrumrnt is subjoct to a taw which sets maaimum losn
<br /> � ehsr�a. and thst t��v is finally interpretod so th�t the interest or other tosn ehaiges collectad or to be coltectad in � ` �
<br /> conneotion witb the lo�excad tha pee�sscod limits. thrn: (a)any such Iwn charge shaU be reduced by the amount , ' '�
<br /> � � necesury to reduce the charge to the permitted limit;and(b)any sums already wltected irom 8ot�owtr whicb ess�ed ��
<br /> ,. � . ' per�titted limits will be refunded to Borrawer. Lender�r^ay choose to�ake tttc�csfund by ralucing the principal owed
<br /> � urider the IVote or by makin�e s dirxt psyenent to Borra�a.lf a refund reduces p:�-,��pal,[he rcduction will be treatod as o
<br /> � � psrtial prep�yasats without any prepaymema charge under the Natc � , �
<br /> . , i�. i,e�i�tio� ARectl� Le�Aer's Rl�ta, lf ensctm�2 or eapiratian of appliwbJe laws has the eA'ect oi
<br /> . � rrnderin�ar�y pravisian of the Note or this 5ecnrity instrument unenfarcearile accord�ng to�ts terms,Lender.at its opt�on, i.
<br /> may require imnxdiate�ayme�'�t in fu11 of Al!sums secured by this Security Jnstrument and may involce any remedies �
<br /> � ptrmitted by pangapb 19.�€dtnder eaercises this optfon,Lendet sha0 take the steps specified�n th�sccand parag�Aph oi
<br /> , pananpb 17. . � � ' .��.
<br /> , 14. Notie�s. Any notice to Borrower provided for in this Secur�ty Instrument shall Ae givrn by Aelivenng it os k5v ' �..� �
<br /> � mailinE it by Arst class mail caless applicable law requires uge of anather method. The nouce shall be dirtcted to::*e
<br /> Property Address or any other address Borrower designate�.by notice to L.ender.Any aouce to Lender shall be g�ven by
<br /> Brst ctass m�il to Lender's address stated herein or any other add�ess Lender designates by notice to Borrower.Any noticc
<br /> � provided'Por fn ttus Secutity Instroment shs11 be deemed to have baee g�ven tn B�rrawer ot[.ender whm given as pro�ided
<br /> . in this p��ph.
<br /> 15. Ci�rsYSi��Law;Se�enbltity: This Security Instrum��a sha1S be govet,ned by feder�!law artd the law of the--�� -�� �- � - -- �-- � � �
<br /> jutisdiction in which the Prctipetty is locatod. In ihe event that any�,tov�scan c��c.�ause of thiti 5ecunty ir_s:rument or the
<br /> Note conAicts with applicable law.sucb conflict shafl nat affcct other proviszons of this 5ccurity Instru�rssst or the Nate
<br /> , which csri be given eQ�t without the conflicting pmvision.To this end the provisions of th:4 Secunty Insttument anfl the '
<br /> Note ue decVrcd[m be sevu�bte. � '
<br /> '16. 6orsNrer'�Cory. Burrowa s�all be given one r.cmfaT�^;:d capy of'the Nate ar:W,sf thts Seannty Instrummt. '
<br /> - �7. TrWkf ot tlie �tNdrt�ar� Beeefkial leterest ie Banower, lf blt ur any �art rrf tht���per�y or any
<br /> interest in it is wld or transPerted(or if a t�erceficial mterest in Bnrra�e*:s suld nr transferred ard Ben��cr�s nc►t a r�ataral
<br />, petson)without Lender's prior written cc�:°sent,l.ender may.ut�cs x.rpnun.ccyu�re�mmed�a:t�ay�ment ►n full of at1 sums
<br /> , secured by thts Security l�strument. ffa•:��ver. th�s opt�on�hu:?r_,:t be exerasrd by l.er►s#e��.f exercise�s proh�b�te4�y .
<br /> tedecall�w�so�'thedateofthisSecuntyInstRUment. � �_ --_
<br /> If Lertder e�ereises this opt�on.Lender shali give�raawer nntice uf accelerapon The notece ahsll provide e penod
<br /> af not less than 30days ftam the d�te the notice is delivrted or mailetl w�thm whrch�rrnwer must pay aU cums secured by
<br /> „ • this Security lnstrumen�If 8onnwu fails ca pay thesr sums pnor to the exp�raiiun of this pet�od.Lrndec mav��voke any
<br /> -� � remedies permitted by this�ecurity fnstru�sent without funher nnttce or demancl on Hctrruu�:�r ' �
<br /> ' 1A.Borro�tr's Ritlt to RliefR�te. lf Borrnwer meets cena�n cond�uons,Bvrtuass sfiall have thc r+ght to have
<br /> , � enfotcement osthisSecurity Instrumrnt disca�itinued at any hme pnor tn the carl�er oi(a1`Cays(or such othrr penod es �
<br /> appticable law may specii'y for teinstatemenq bef�re sale of�he Yr�perty putsuant t�gny pauer at safe�aniatncd �n�h�e
<br /> � � Sa:utity Insttumenl:�r(b)entry of�Judgmrnt rnCoremg this$ecunty lnstrc�ment thnse cc�nd�tians ere that iMrrawer. .
<br /> (�)pays I.enBer all sums which then wuutd be due under th�s Secunty insuument and the Ncste ha�f n�,acce�erauon 'd'
<br /> oecutred; (b)cures any default af any other coven�nts or agreeme�us: (e� peys a1i e�penst��ncurred in enfarc�ng th�s �
<br /> � � Secu�ity lnstrurnent� tnctu�lang,but h6t ltm�ttd tv.teasflnab}e attomeys`fees, and fd)takei suefr act�t�n a� I.�nder may tl�i
<br /> ' `� ressnttably requ�te�t�y assure that ihe litn of tht9 5et.utily in�tr,umem, Eender's nghis tn the Nr:►�sertk anci Ilurre�wcr's - - �-°
<br /> ablrgatinn ta pay the sums stcurec! by th�s Secunly lnstrumertt ahati cuntinue unchanged !'�n reimtaternrnt by T� `
<br /> 8ottawer,th�s�Security Instrument enci the obl�gauons serured hereby shaii remein fulfy ef3eeti�c as�f nn acctlerau4�n had .
<br /> ' urcutttd.Hawever,thts rtght to reinstate shall not epply�n the c�sr e�t'�cecteretttm uncfer paragt�phs�3 t�r f 7
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