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<br />90-- -- 105638
<br />If Lender required rnl►rtgage insurance as a condition of makinit 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 />insurance tetminates in accordance with Borrower's and Lender's written agreement or applicable law.
<br />8, Inspection. Latter 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 inspection 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 />aw4ned and shall be paid to !.ender.
<br />In the event of a total taking of the Property, the proceed% 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 writing, the sums secured by this Security Instrument shall be reduced by
<br />the amount of the proceeds multiplied by the following fraction. (a) the totaL amount of the sums secured unmediately
<br />before the taking, divided by (b) the fair market value of the Property immediately before the taking Any balance shall be
<br />paid to Borrower.
<br />If the Property is abandoned by Borrower, or if, after notice by Lcuder to Borrower that the condemnor ollers to
<br />snake an award or settle a claim for damages. Borrower fails w re%pond ill Lender wlthen ZOdA%s after the date the ntl,tice is
<br />given, tender is authorized to collect and apply the proceeds. at Its option, either to re!uoramm or repair of the Property or
<br />to the sums secured by this Secunty Instrument, whether or not then due.
<br />Unless Lender and Bkrrower otherwise agree in writing, any application of proceeds to principal shall not extend or
<br />postpone the due date of the movibly payment% referred to in paragraph% 1 and 2 or change the amount of such payments.
<br />10. Borrower NO Velemed; Forbearance By leader Not a Waiver. Fxtrn %tun (1f the time for payment or
<br />modification of amorlizatitm of the sums secured by this Security Instrument graikled by lender to any %ucce%sor in
<br />interest of Borrower shall nail operate to release the hahiht) cif the onginal Borrower or mirrower'% successors in interest.
<br />Lender shall not be required to commence prtweedmg% against any succe%%4 %r in intere%1 or refute to extend time for
<br />payment or otherwise modify amorti.-ati4►n of the cum% %mured by this %ecunty In%trurpent M rrason %of any demand made
<br />by the original Borrower or lHorrow•er's succes%ors in mtermt Any forbearance h) 1 antler to exertn%ing any right or remedy
<br />shall not be a waiver of or preclude the exercise ofany right or remedv
<br />11. Successors and Assign Bound; Joint and Several Liability; Vol- s,itpien. 1 he ct+vrnant, anti agreements of
<br />this Security Instrument %hail bind and henefit the %ucce%%or% and u%%ign%of 1 impAer and &wt(,vt er. %uhrrcl to the provision%
<br />of paragraph 17. Borrower's co%enant% and agreement% shall he joint and.rtrral. Any Borrower who co• %ign%this Secunly
<br />Instrument but does not execute the Note- (a) m co- signing this Security In%trurovnt oat) tit mortgage, grant and convey
<br />that Borrower's interest in the Property under the term% of this Srcur uy I miniinent, I h► is mot pe•r%onally obligated to pay
<br />the sums secured by this Security Instrument, and (c) agree% that Lender and any tither Nvtower may agar tit extend,
<br />modify. forbear or make any accommodations with regard it, the terns% of this Security Instrument or the Note without
<br />that Borrower's consent.
<br />12, Loant'bargles. If the loan secured by tilt% Set•unt) In%trunie•nt is %uhjevt to a Ira which %c•t% maximum loan
<br />! charges, and that law is finally interpreted u► that the Interest or tither loan charges collected for it) he cttllected to
<br />i connection with the Iran exceed the permitted limim their tit) +Ins such loan charge %hall tx• reduced by the amount
<br />necessary to reduce the chalrge to the permitted limit, and (h) any win% ulready ctollected from Borrower which exceeded
<br />permitted !►mils will he refunded to BI►rr4mcr Lender may chcx►w to make this refund h) reducing the pnncipil (►wed
<br />under the Note or by making a direct payment to Mirrower. If a refund reduces principal, the reduction well he treated as a
<br />partial prepayment without any prepayment charge under the Note
<br />13. Legislation Affecting Lender's Riots. If coactinent or eilpir mon oat Applicable law% has the rifcci tit
<br />rendering any provision of the Now or this 5ecut ily lostrunlent unenforceable according too u% term%. I ender, At u%optiun,
<br />may require immediate payment uI full of All sum% secured by Ilu% tierurity Instrument and may Crooke an) remedie%
<br />permitted by paragraph 19. If Lender exercises this option, lender %hull take the %tops specthed uI the wCotnd paragraph of
<br />paragraph V.
<br />14, %edicts. Any notice to Ik►rrtlwer provided tier rte this re: unts Instnintrut shall ix- gi%en h) dch%enng It or by
<br />mailing it by first glass milli unle%% appheahlr law sigma% use of rntaher niclhts) the ntltier %hall tot directed lit the
<br />Printerly Address or any other address Borrower designate% hY non% a a, Lender Any nil +Lice it, I cadet shall he given h)
<br />fiml clam mail to Lender's addres% %iuted herein tit any other addre%% Lender dr%ignatc% h% notiec del lklrromer An) notice
<br />provided for to this Security In%truniettt shall he deemed to have Vern Itnco to Kirrimer tit I cider when green as provided
<br />in this paragraph.
<br />15, Guvtrililsg Law; 5everability. 1 hI% Srcurtm he,irtiment %hull lNe dos cnlyd h% federal lam and the la%% of the
<br />j,iCt%.3l►iiAn 111 wlll%Il Ow it eagwlI% N itxalcd Io {ill %%Kill didt .111% I's 1, %nivo Iv tillow III 1111% tiCt tic 11% ltl %ItUnict''..,I• 1hC
<br />Nate cot "Otetx with applicable law, such c4►nlhtt s(ra9f net Atrecl tither pet+shr. %n% I•( ilm Src»nls 111 %trL'ilrllt Ilr Me Note
<br />which c,a fie green effect without the conNicttleg pro%mon 1 o this cud the provlsrl,tl% of IN, Necunt% Imirumemr. dr)d .he
<br />Notearel)m -bred to he%e%crahle
<br />16. Borrower's Cops. lit,rro%er shall he w %en Ilnr. I. (•trfl rme•d I. op% t,t tht %o lc and IIt this *t•tisro'. Ir.•.,ter4mettt
<br />17. Transfer eI the Property ur ■ Beneficial Interest in &trroner. II ill III all% parr -4 the Prt, PC: t) or .laq
<br />atrerc%t In et Ia M %Idt,e rrmn.l'er /Pal I,,t If a licorticiAl inierem in 1k,rroiht'? , %.dal .,f tf,ill %fefretl allot hb•rr� Acr v stilt a IlNtllf.lf
<br />person) wrrfol+trit lentlter'%prrar arfnerl consent. Lender mAi, it 1t' -lilt 11. rcyulrc lot".r.flatr p,lvmcnt In lull I +t ,dl stall%
<br />secured h5 rho- ift- arm. Instrument However. tho. -reutn *hill n.Il rw etnt m ed iI% lender it ewsci%e 1% prnhihiled h%
<br />federal 1316 A%, If the dAteofthi%Se%urtt% Instrument
<br />If Lender c%er"%e% ihi%4tptntnn, Lendet .hall g ve I>tl,rrl suer n,.r1, r . r , r,- r.otl, t .rl, v %hall rlrtnlde A pentsl
<br />ofnot leathan tndaysfrom the date the natter 1 %d'eirveredor R,dtlCd wtrPr cr, sail(• h ir.•rrowar fi1,i%C r l% all %Ism% %v%:utetl h%
<br />this aunty Instrument if Hortimer tail% to pa} thew %um+ prl.,r t.. ;hr e%prjta,n • •s rhl% prntrl. I ender n1A% In%I+ke an%
<br />remedies permitted by ihi%Scnunt) In %truneeni wuhtxd fusilier nt.tite 1,r dentinal 1 n ti-rr „suer
<br />111, Borrower's Right to Reinstate. If Ilorruwer inect%certain condition%. llotfowcr %hell ha%r the right it) hate
<br />entiort:einent of thi %Siccunq In%trulnclnt di%oinlinued at any time prior tr the earlier tit la a alas %for %uth (tiller perlttil a%
<br />upplicahk law may %pnif) for rem %taten►rnti wide sale of the Prorwri% pur%uint to all, 1 %Iwei „I salt %,mlamed 111 Ihl%
<br />Securtl% In%trunirni or 01 rnlry of A Itidgtnrnl enhNt I ng Ihr% `e%unt% hwiti1 ism I h0%c .1111 till 1, nl%,lit* 111.11 Iittrroviel
<br />(a) Pa)-. Lender all %Ulo%whlch Ihen ul,uld he due tinder tht% %"Ut11% In%lialocnt ,110.1 the \,It, Ilid no .n.tlrr.4ti(a1
<br />os %urred.IhICUrr% An% dcl.aulI till Ally tithe) oI %cod lit% III .1glli•melII% It pa %% .fit r %lilt,%l•% 111,%1IfI'd Ito IIII,itIII9 1111%
<br />tihurll% ln%Irltmelll. Iutludtng. but 11411 hlnitcd to Ira%ollshie .ItlI.rI1v%% let% ,old 1,11 takr% %u, 11 .I %11„ll .t% 1, 104.1 Ina%
<br />temomahl) require tit 4%,.sow IhAi the hen of tilt% So. t1111% In%Irumrol. 1 elide r'% l,gtlt% ill the Viol%ill, .1r1,) II,Irr-I%%rl %
<br />nhilgalugl II, PA% the suom tutllted h% tim `C,u111% I11%ifu111Cr11 shall ".11titlll, tint ILIII�I,I 1 1•. 11 I11%I,fl t'1111'lll 111
<br />Itltrri "Art. I lilt. %etill lit hoot tilllt•llt inld the obligati 11% %l, owd hc•IeII% 01.111 I.-Imill, lull% , Its, 1, %, I% If II-I At, elrI .11n•II 11.0
<br />twccutfrtl lll,wewt. thl% right to rcluNWr%ha11 111-1411110% 111 the sass .If .1,.4 Icl.ttll•1, 111,.1, t l,.ttagi.11,11% 1 %,II I'
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