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<br /> ' � � I:Lender requirrd rnortgage insurance as a condltion.of majcing the loan secsued by this Security Insttums�t, ,
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<br /> -- ; - -- Horroxrcr-shal� �t� renuum�required to niaintain the insuta�ce in effect nntil swch time.as tka requir�tat.fur tfie ,
<br /> ,�� j � insuraneetertiii�te�.�� � „� ---�'"' —. 's�'sa;rittsnagramGets�s���lcls"'--- --` - -..—_ .-- ----_- , -- -
<br /> � _ � 8. l�etio�e.., L.endar or,its agent may malce reasona.bk entriee�upon and inspections of the Preperty.Leada � .
<br /> � � , swalt aive Bonrnver aatic:a at the ti�tx a�ar prior to sn`inspection specifying reuonable rause f�r tHe ityspecrion. •
<br /> �' . } • 9. "!Co�ie�ui�No�. The proceedsbf any award or claim for damages,direct orconsequential,in connection with � ,• .
<br /> � � .. .any candemnation or other taking of any gart of th�Property:or for conveyaace in lieu of wndemnation,are hereby _
<br /> � , utiEned and shal!6e p�id to Lxnder. , �
<br /> � f �n tbc event of a total tsking'of ihe Property.the proceeds shal!be applied to the sams secured hy this Socurity• ' - � -��
<br /> �� i � � , � tinsirument,whet6ei or nu�then du�witfi any exrxss paid to Borrower.In the eveat of a partial taking af ttie Prop�cty, � ; .
<br /> ' . i an�as Borrowtr and I.tnder otherwise asra in arriting,the.�ums seceuzd by this Security Instrume�it shall be reduced by ,
<br /> ( � the amotmt of the praeads multiplied by the follawing fraction:(a)the tatal amount of the sua�s secur,ed immodis�tely .
<br /> , t 6efort ihe t�lcina.dirided by{b)the fair marlcet value of the Property immediateiy fxfore the taking.Any balance shall be
<br /> ( . pai�!to Bormwu. � , . . ' '
<br /> ' } ` , If the Property is abandoned bj�Borrower,or i�after natice toy Lende�to Borroaer that the cnndempor atFers to ' ,,
<br /> ;, . .ar�1�e ui swud or sett�e tclaim for damage.s,Borrawa fails ta respond to Lender within 34 days after tbe date the notice is.'
<br /> _ :�': . aivea,T..ender is authazized tn collxt aad apply the ptocads.ai its option.either to rest�ratinn ar repair of the Prc�perty or ,
<br /> � to th�sums socured by ihis Security Instrutnent,wheEher or not then due. � ,
<br /> � � Unless Lender and Borrawer otherwise agree in writing.any application af proceeds to principal shal!not est�d ok�
<br /> , postpone the due date of tTsc munthiy payments referred to in paragraphs 1 and 2 or change the amount of such paymenu. �.
<br /> � - 10 Borraw�r Aia�.Rekare�; Forieanuke By I,�der Not a�W�rtser. Extension of tl�e.time for paymeat or . .
<br /> � modification ot amorti7ation of the�ms secured bg this 5ocu�ity Instrument granted by LendGr to any successor in ,
<br /> - interest of Becrower shall not operate to reteasp the liability of the origieal Borrawer or Bonawer's succcssws in int�rest. �
<br /> ; Lendet shalfl�ot 6e required to comme:ice praceedings against any successor in interesE or refuse tu eatertd time for ,
<br /> � payment or otherwise madify amariization of the sums secured by this Security Instrument by r�ason of any der�and made
<br /> �, . by theoriainal�orrawer ot Horrower's successors in interest.Any forbearance 6y Lender in eaercising any right arremedy
<br /> • sfiall not be a w��iver of or preclude tho eaerase of 3ny right or�remedy.
<br /> � 11. Sicee�ors aed A�Ips B�d;Joint and Serenl i.tability;Co-si�era. The covenants and agreements of • '
<br /> � � , this Seeuriig[isstrument shall bind ar.�benefit the successors artd assigns af Lender and Banower,subject to the provisions ' , -.
<br /> of Q�tragraph I�.Borrov�es s covrnants and agraments shal)be joint and several:Any Borrdwer wha ccrsigns ehis Security . _ �_
<br /> [astrument but daes n�t�xxecute the Note:(a)is co�signing this 5ecurity Instrument only to mortgage,grant and convey
<br /> that Borrower's interest in the Property under the terms os this Securiry Instrument;(b)is nnt persanally obligated to pay ,J..°-
<br /> ' the sums secund by this Security lnstnumrnt;and(c)agrees thal C.ender and any ather Borrowec may agree ta eatcnd, _ •,.,..-
<br /> , modify.forbtar ar make any accommodations with regard tn the termc«f tNie Security In�irument or the Nate�ithout _
<br /> ' that Borrawer's cansent.
<br /> ' 12. �.orn Crar�a. IF the toan secured by this Stcurity Instrument is su�ject ta a taw which tiets maaimum loan . . -
<br /> ' charges. and tltet !aw is finally interpteted sa that the intzrest or othec Roan chargeq callected ot to be coltected in '
<br /> , ' connection with the loan exceed thc permittai limits, then: (a)any �uch laan charge shall be reduced by th�amuun! ;� ;�
<br /> necessary to teduce the charge ta the permitted limit;und(h)any sams already colZccted f'rnm Borrawer which�.�ceeded '�
<br /> ; permitted limits will be cefunded to Barrnwer. 4ender may chcx�se t�make this rePund Ay reducin�the principal owed
<br /> � ; uttder the Notc ar by ma�:in$a dirert paymcnt to Bnrrower.!i'a refund red�:.�s principal,the reduc�:on wiU be treated as a
<br /> � partial ptepaymen!withnsst any prepayment charge undcr Ihe Note. .
<br /> . � 13. LeRi:tattun AReeting Ltwder's Rights. If enactment nr expir�ticm ui'vpplicable taws has the effect of
<br /> rendering an}provisi�n of the 1Vote or this Security Instrument unenfarceable acr�rding lo its termc.l.ender,at its n�+tion,
<br /> . may reyuirc�mmcdiate payment in full of all sums�secured by th�r Sccurity Ins�rument and may tnv��ke any remedies
<br /> � permitted by patagtaph f�.lf l.ender e�cercises thls optian.Lcnder sh�ll take�he ti�eps specifiett in th:tiernnd parugraph of
<br /> . patagraQt►17. .
<br /> 1�. tic►tices. Any nc►iice tn�arrnwcrptnvided fi�r�n t!►�y Securrty lnstrumcnt shall bc g�tic��hy deli�•eting it�r by �"�
<br /> r�saiUng it by first ets�ss mail untrss applicahle law requues uye uf artother methcxi. Ta�e n�tice tihall he d�rccted a� the
<br /> Propeny Addres5 or any othct address lbrrower de5ignates by noficc kr t,cnder. An���r.«tice t�I.endcr shall he given by �
<br /> first class mail to I.ender's address st�ltcd hcrcin or any othrr uddresti I.rr�cie°designatcti hy noiccc to tiorrower.Any nntice ,
<br /> provided Pur in Ihis Stcusity InslrumenE shaU he dcemed to have heen gt�en rc,Hnnnaer nr I,�ndcr w hen�ivea a4 ptuv�dcd
<br /> in this paragraph.
<br /> 15. GurCrding l.sw;SeYerabtlity. Thiti Secur�ty fi��trurnrnt ahall F+c g�+vemed hy Pederal law anci the t::u c►f'thc
<br /> - - -.. _.. . _._._ ... . . .
<br /> )urisdictic►n in which the Pr�perty ic lc�cated �I�i the event lbat aap psncici�»ti e�r dau.c nf ttii�Secur�ty-ii�tiiiumeni i�r tlie
<br /> � Ncste eonflicts with npplieable l�w,sueb conflict tiNall ntrt aff.�����n�r�r����.�nr��nF�hiti Secur�iy i^�rrunren!��r the N�+te
<br /> which can be givtn eflccl withhut tbe confltc�inK�rr�visiun T«th��end t!:e��ravi��nn�r+f`th�5 Securiiy In�trwnent ancf Ihe
<br /> Note arc dectarcd to be sever;►ble.
<br /> ' 16. Bormwtr's t.'c�py. &�nc-�rer sh�ll he gitieu�+�ic t+��'t'utt►►rd c<+py��i thr N��te nnd czf�hic Secunty lnctrument.
<br /> . 1T. Tnnster of tfie Property or x (3eneficiul Intere�,t in Hnrrnwer. If:�ll ur any p�rt c�f the Pr��perty ut any
<br /> � interest in it is sotJ�r trantiferred{or if a hereefic�al intec�st in iiurre,�ef�ti tinld t!r�r�n�ferreci and Iinrrotcer i�nnt a natur�l
<br /> �rsnn)with�ut t;ender'�pti�tir writtcn cnnscnt.t.cr�der may.at n�aptic�n.requ�re�mrnecl�afe r;+ymcnt�n Pui)ri alt 4urnw
<br /> securcd by�h�s S�curily ln5trumerrt. !��«�eLer. tht�upttt�r� !�h�ll nat bc caerciard by I.ruder �f e�erc�se i5 prohibitrd ny
<br /> federai law os oPthe date vf 1h�c Sectiritu Insttument. ' :_—_--_=�-
<br /> li Lender e�erriscti tht�e�pt�on, 1 e»drr shall gi�e Il�irruticer nut�cc E�f ai�cter�uci�► �thr r�f�t�cc shal)puwt�lc a pertnA •
<br /> , , ��Fnc�t lr,q Ih�n�0 da,ys frum the date the ne►tire is delivcred c�r n��iited wtthtn w•huh i3i�trnucr rr�ast pay�ii�uni�tierurrci by
<br /> th�s Secunty lnsvwnent. lf Horrower fa�ts to p�},tt�ese�um���trur t+j the cxi�is��ti�m uf tFin pen�r�i,i.cndcr tnay�rsooke any
<br /> -` -- � prrrficfiespermitfe�'vytitis'�ezuntvimtrvmcnt�ct�itutrtfurfircrr�vfrcrnrc�nmtn��miit,rr���n . � -
<br /> , •�S.G���o��ev'b Iti��t eu Re1ns:��c. I€I3t�Pi�YNiT IlftCis�fli3iT1 iEifii��tet}rc.K��rri,t�cr S:�w{!t.:;�c tttc ru;lzs a� Fta�e � .
<br /> enfi�rcensent�ifthisSerur�l}Intitrurnent dt�a�ntu�ued ai any t�mc�►n«r tn the earl�er��f Ii+15 il.►�.I��r Suth��thcr peri�=ai ac
<br /> � applicab!e taw•m�y specify fos re�ri�tatement)hefe,re�c�te nf atie Nruperty pur+u�rit tr a��y p��«er of�ak��mi:+isied n� �lu� �
<br /> � 5ecurity Insttument,nr(h�riury��f a,Iudgment enf�+re�ng ths�tircurrty Instr��ment 1 hr�;e c��r,�1�u�3r��arc that N��rre.wc�
<br /> (a� �+�ys Lencler v1I swns t�h�r}i then waufcf hc eluc under th��S:ccirit� Ir;SFrur�tent :tnct tfic tiE�,�e t�:,�! f,�, i�c�s�ler:�ti�+n
<br /> �+�CUf�cci. (b�cute�any etettu►{t of�u�� ��lher ru�e���uic nr �F:tcemcnt�: ls:: �+_�}�a!! ea}��mcti �arurrcei tii� cnti•r4int;. Ihi� r`
<br /> Security insuuruciu, uictYidi(i�,'.bU! I3t�L IUl11tCC1!s!.reas�,ns�l�eftc�rf�t}4 te��s_ai�E!!�l�t�►ke� ����h ,s��u�n :�� i cr�elcr rn:t} a
<br /> t�a�E�ttat►t} teyuitc ta,a��t�rt tEiaE ilt� ttcsr c�f tfit5 4c�c�eity inrf�t�rt�er�t. t tr�cier', r�Ft:t�,rs t#s: 1'=�,�K•ro; a�x{ �i�ftrE�:�cr'; -- `�
<br /> nbliF:�ti�Trr t�t ��:�} ilte �t�r.�r w,�utcd !iy th�r• `e��ent} I(i�lFlitllf7�t �hefi 1f�11�IIrUC il7i.l��+n+:.-�3 1',::�n rr��„��,�ecs�tcri: t,� :_ .
<br /> ' Iftatrnu•e�.tli�c 4e�usttg �n�tsurztt�nt iti[iI IIICE�hl�tatr.mv�erure��f�etel,:4lt:t���l'iFt,!!}!I11�It[�Ire t�1r,�.et n:�;i;celr•r.►t���iF ha�1 '
<br /> tFcctil�c•J Nr,te��tt.th��ri�ht t�,rcrtf�t�:e cii:iil�i:��,spj�i� it�th!-i itv,°i�;a,'�clrt:�li:•i,,i;,u: ;S ��:n_r�t�f��- i r+�� i '
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