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<br />89. 161229
<br />If Lender required mortgage insurance as a condition of making the loan secured by this Security Instrument,
<br />Borrower shall pay the premiums required to maintain the insurance in effect until such time as the requirement for the
<br />instuance terminates in accordance with Borrower's and Lender's written agrtra -Mont or applicable law.
<br />8. Inspection. Lender or its agent may make reasonable entries upon and inspections of the Property. Lender
<br />shall give Borrower notice at the time of or prior to an insrection specifying reasonable cause for the inspection.
<br />9. Condemnation. The proceeds of any award or•claim for damages, direct or consequential, in connection with
<br />any condemnation or other taking of any part of the Property, or for conveyance in lieu of condemnation, are hereby
<br />assigned and shall be paid to Lender.
<br />In the event of a total taking of the Property, the proceeds shall be applied to the sums secured by this Security
<br />Instrument, whether or not then due, with any excess paid to Borrower. In the event .of a partial taking of the Property,
<br />unless Borrower and Lender otherwise agree in waling, the sums secured by this Security Instrument shall be reduced by
<br />the amount of the proceeds multiplied. by the follcWing fraction: (a) the total-amount of tits sums secured immediately
<br />before the taking, divided +ii the fair rmtasket r:altie of the Property immediately before the taking. Any balance shall be
<br />paid to Berrcaw err. .
<br />If the Property is ais.mdoned by Bbrrower. oi:if" after notice by Lender to Borrower that the condemnor offers to
<br />mak -friron award or settle d: aw: -n for damages. Borroivcri'ails to respond to Lender within 30 days after thedate the notice is
<br />given, Lender is authoriz(�f ii: collect and apply the proceeds, at. its option, either to restoration or repair. of the Property or
<br />to the sums secured by thi�-Security Instrument, whether or not: then due.
<br />Unless Lender and Borrower otherwise agree in writing, any application of proceeds to principal shall not extend or
<br />postpone the due date of the rnnnthly payments referred to in psragraphs 1 and 2 or change the amount of such payme.lim
<br />10. Borrower I`at: Released; Farbearanee By Lender Not a Waiver. Extension of the time for payment or
<br />modification of amortization of the sums secured by this Security Instrument. granted by Lender to any successor in
<br />interest of Borrower shall not operate to release the liability of the original Barm wer or Borrower's successors in interest.
<br />Lender shall not be required to commence proceedings against any successor in' inteMs'l.. fit' refuse to extend time for
<br />payment or otherwise modify amortization of the sums secured by this Security Instrument bg: i-t:asen of ijily demandinade
<br />by the original Borrower ur Horrower s successors in:ihi4rest. Any forbearance by Lender in ex'erci's•iita .iny rs"ght cr remedy
<br />4hall not be a waiver of erlir elude the exercise of any 0114t or remedy.
<br />11. Successors i m Assigns Bound; Joint ara- '14everal Usbility; Co- signers. The covenants and' dgreonettts of
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<br />this 5ecur ty In4lri irratl sli<:11 bind and benefit the successors and mmgns of Lender and Borrower, subject to the pmvisions
<br />of paragraph. 17. litirrnvt e-;, covenants and agreements shall be bill' and several. Any Borrower who co -signs this Security
<br />Instrument but- does si)t- cxet.-ute the Note: (a) is co- signing this Security Instrument only to mortgage. grant and convey
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<br />that Borrower', interest in. 1lie Property under the terms of this Security Insccwnent (b) is not personally obligated to pay
<br />the sums secured by this Security Instrument; and (c) agrees that Lender and any other Borrower mafy agree to extend,
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<br />modify, forbear or make any accommodations with regard to the terms of this Securit, Instrument. or the Note without
<br />that Borrower's consent.
<br />12. Loan Charges. If the Itoan secured by this Security Instrument is subject to a law whii.h stq.ii maximum loan
<br />charges, and that law is finally interpreted so that the interest or other loan charges collected or III. be collected in
<br />.u?nnection with the loan exceed the permitted limits, then: (a) any such loan charge shall be redut:tid by the amount
<br />necessary to reduce the charge to the permitted limit. and (b) any sums already collected from Borrower which exceeded
<br />permitted limits will he refunded its Iiornawer. Lender may choose to make this refund by reducing the print ipA awed
<br />under the Note or by making a dirt. -et payment to Borrower. If a refund reduc.s principal, the reduction will Ise tnaiv0- fas a
<br />Varriai prepayment without any prepayment charge under the Note.
<br />13. LegWation Aflbeting LendePs Rights. If enactment or expiration of applicable la -. -AA hark stye to ,--,t of
<br />rendering any provision of the Nnteantirir: Secunty instrument unenforceable according to its terms. Le ti ±, srii� :,r ;ption,
<br />may requite inttnediate payment` in' full of all sums secured by this Security Instrument and may in,6ak - dny t'danedies
<br />permitted by paragraph 19. If Lender exercises this option, Lender shall take file steps specified in the st.cc-A paragraph of
<br />k,
<br />paragraph 17.
<br />14. Notices. Any niztice. to Borrower provided for in this Secur :i% lnt rumen shall be given by delivering it or try
<br />mailing it by first class mail unless applicable law requires use o' �ctr,�,T nnethod. The notice shall he directed to the
<br />Property Address or any other address Horrower designates by r.,:'.!•:.; ; r! C %ndcr. Any notice to Lender shall he given by
<br />first class mail to Lender's address st, :tcd herein or any other addres� I o dire dt:;ignates by notice to "ormwer. Any notice
<br />provided for in this Si urity Ili!,trumeni shall be deemed to have been ;1hcn in lidirrower or Lender v hen given as provided
<br />in this paragraph.
<br />15. Governing Law; Severability. This Security Instrutn:r•i stall be governed h- fc&.ra? 1. w and the hm of the
<br />jurisdiction in which the Property is lnciated. In the event that any provision or clause of Ilia Sectrr!i!: Instrument oi.the
<br />Note conflicts with applicable law. such .conflict shall not affect other provisions of this 5u:urity In--rru -ment or the Note
<br />which can be given effect without the conflicting prwtiaon. To this end the provi`ic m of this Security Instrument and the
<br />Mute are declared to be severable.
<br />16. BorroweesCopy. Horrower shalt be green one conformed copy of the Note and of this Security Instrument.
<br />17, Transfer of the Property or a Beneficial Interest In Borrower. if all or any part of the Property or arty
<br />interest in it isuild or transferred for if a beneficial interest in Bnrmwer is Sold or transferred and Borrower is not a natural
<br />person) without Lender's pace written consent, Lender may, at its option, require immediate payment in full of all sums
<br />secured by this Security instrument However, thus option shall not he exercised by Lcnder if cxetow is prohibited by
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<br />federal law asof the date of this Security Instrurneut.
<br />If Lender exercises thins option. Lender shall give Borrower notice of acceleration I he notice shall provide it pent td
<br />r,f not lem. than 30day-, from the date the notice i.delrvered or matted within wh:ch liorroacr must pay all sunt•. secured by
<br />tFny Security Instrument If Fbir'rower falls it, eau tlie�e sum,, prier It! the cxpira.ta :;s :1f ihis f,C,iort. 1- Citurr 111.14 filet >1CC iti7L
<br />remedies permitted by this Security Instrument without further notice ordcvnand one hornawcr
<br />19. Borrower's Right to Reinstate. if Itorrow•er weets ceriam oludirurtis. ilornmer shall Italic the rwht it, hiss
<br />ctiforcerrent of this Secunty Instrument discontinued at any !into prior to the carper of (,u c (h" (t •I s,tcli other poi it?d as
<br />applicable lave may spc,ifr fr renust�tement t hefitre sale of the Property purst,:int t,! .iris p(.%% :r ,!f .;tle C-mit,oned in Iht"
<br />!k-l. tiritr Instrument of (it) entr► 4a Judgment 04 trsutg this Srturit-. if;strvrt:cnr I hw c :.•ndti❑ `fis'Itc that If 'rr• •.tr'r
<br />fit ps }% Vender all .ants .vhtcti then would he dire tinder this Scl uritL Ir.tt'.1nit-ot +tut the' b`fte had no
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<br />`uhriof flip Mire. ;fnY dofault rtl any other u,Leirito.. tit ,t�tt :'it ?cub• +_t p,i`.� A: r *.t•rn�.. lucurted in crust itS ti :tti
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