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10 w. 104358 ! If Lender required mortgage insurance as a conditien of making tine loan mcured by this Security Instrument. ! Borrower shall pay the premiums required to maintain the insurance ors effect until Stich time as the requimWAnt for the iii ut a+ice t jt iiilc Dnljgeipe with Borrower's and Linder's writuti agreemetitor_appricable law. .. fl: `1ai�11�fF °�Mder or its agent may make reason *k er►.uii;ti npom and inspections of the Property. Lender ghall *a lilarsaw 110101 to 41Mtime of or prior to an inspection speci4 tt J iosomble cause for the inspection. aft- • 4. dtlittttmtlMtt.' The paceeds of any award or claim for damages, director consequential, in connection with any. r 0011"tttnation or other takinit of Amy part of the Property, or fete conveyance its lieu of condemnation. are hereby stsigned.atsd shall be paid to Lender. In the evat of a total taking of the Property, the proceedt shall: l;e applied to the sums secured by this Security Instrument, whether or not that due, with any excess pair! to Do=wts.. It Ae, event of a partial taking of the Property. wdm Borrower and L=der otherwise agree in wMM, the soma s=rzd1y this Security Instrument sWI be reduced by the amount of the proceeds multiplied by the following fraction:: (s) t_!te total amount of the sums secured immediately before the taking, divided by (b) the fair market value of t1w Property immediately before the taking. Any balance shall be paid to Borrower_ If the Property is abandoned by Borrower. or i€. after cotice by Lender to Borrower that the condemnor offers to make an award or settle a claim for damages, Borrower faits to respond to Lender within 30 days after the date the notice is given, Leader is authorized to cetiect and apply the proceeds,. a: its option. either to restoration or repair of the Property or to theswwsecured by this Security Instrument. whober•or riathen due. Qir�as Lender and Borrower otherwise agree in wirier,#,: ally application of proceeds to principal shall not extend er postpone .be due date of the monthly ;aytitents referred ty i<-v parsiraphs d and Z or change the amount of such payments. 10 Sosro±luete Not Retem* Feelearaaee By Leoftr Not a Waiver. Extension of the time for payment or modification of amortization of tba sutas secured by thk� Security Instrument granted by Leader to any successor its . interest of Borrower shall not operate not release Or oft bill y of the original Borrower or Borrower's succeuars in interest. Lender shall not be required to cm. me race pt. I cedirip ag�rnst any successor in .it or refuse to extend time for s payment or otherwise modify amorti. �f. :n o 0e.sums secured by this Security Instrument by reason of any demand made by the origins! Borrower or Borrower's suecemari its interest. Any forbearance by Lender in exercising any right or remedy shall not be a waiver of or preclude the eaercrae o('an� right or remedy. 11. Stceeaaots stud AaitigaR ltsaod: Joint gout Several Liability: Casipees` The covenants and agreements of this Security Instrument shall bard and bentlit.th'esuccessors and assigns of Lender and Borrower. subject to the provisions of paragraph 17. Borrower's covenanta and a�i�tnents shall be joint and several. Any Borrower who co-signs this Security Instrument but does am. execute the Heiler (a) i,-v co- signing this Securitv^ Instrument only to mortgage. grant and convey that Borrower's intewtc in the,Praperty undirt1te terms of this Security Instrument; (b) is not personally obligated to pay- the sums secured by :"his Seeur* Instrument: and (c) agrees that Lender and any other Borrower may agree to extend, modify. forbear or make any accommodations with regard to the terms of this Security Instrument or the Note without, that Borrower's corsm�;;. IL Loan C3aiges. If the loan wured by this Security Instrument is subject to a law which sets maximum looms. charges. and that law is finally interpreted so that the interest or other loan charges collected or to be collected iwi conaoctiran with the loan exceed thr: permitted limits, rltr4: (a) any such loan rlato ge shall he reduced by the amount necessary: eo reduce the charge to tbe: 'permitted limit; at: Gl:) any sums already colkv:ed from Borrower wtp Y eacce ded . permitted limits will be refunded to Borrow e-, IPnder may chcxne to make this refund by red zing the principal owedi' under the Note or by making a direct payrnm -t 0 Borrower. if a refund reduces principal. the red=ion will be treated as partial repayment without any prepayrsert cl: a ge under the Note. U. LegWation Affecting Leader's Rigbts. If enactment or expiration of applicable laws has the effect of rtnder,fr4 any provision of the Mote or this Security Instrument unenforceable according to its terms. Lender, at its option. may require immediate payment in full of aZ2 sums secured by this Security Instrument and may invoke any remedies permitted by paragiuiph 19. if Lender exerciumf his option. Lender shall take the steps specified rot, the second paragraph cT ' paragraph 17. 14. Notices. Any notazviz Borrower provided for in this Security instrument shall be given by delivering it or by mailing it by first class mail unless applicable law requves use of another method. The notice shall be dfi.TW,.W to the Property Address or any other address Borrower designates by notice to Lender. Any notice to Lender sW t* given by first class mail to Lender's address mated hereto: or any other address Lender designates by notice to Borrow", Any nor m: provided for in this Security Instrument shW11* deemed to have been gj'afem to Borrower or I.endir when given as providaT- in this pa: agraph It. Gperttfttg Law. Sewemlillity. This Security Instrument. 4t..&'d'? r Z.- 7vimr,-d by federal law and thke law of the juhsdWicin in which the Propene is located. In the event that any c.i ; : :se of this Security Instrument or the Note conflicts with ailrplicabie titw. such caflict shall not affect other, ptrii•v:sions of this Security instrument or the Notre which can be pv4st dISsct witlk : ,v: the conflicting provision. To this cri4 the provismns of this Security Instrument and 1 ?w Note are declared to be severtibik. I4 Borrower's Cspy. fik;rrower shall be given one conformed copy of the Note and of this Secunty.. Instrument. J7. Trauhr of tie Prop uty or a Beatficial interest is Borrower. if :c!'1 or any part of the Proorty or any interest in it is sold or transferred (or if a be"ftcial interest in Borrower is sold or transferred and, Borrower is not a natural person) without Lender's prior written cc:ri :farm, Lender may, at its option. require immediate pityment in full of all sums recur %d by this Security instrument. However. this option shall not be exercised by Lender .f exercise is prohibited by fedrt 4l1sw ao of the date of this Sifturity Instrumeni. . , W'Lender exercises this option, Lender shall give Borrower notice of acceleration. The notice shall provide a period of not ku than 304sys from the date the notice is delivered or mailed within which Borrower must pay all sums secured by this Security ir*nMitent. if Borrower fails to pay these sums prior to the expiration of this period, Lender may invoke any «ormotaa permitted by this Security instrument without further notice or demand on Irrower •• • •I1:. IS.-'s IE<1�.: i:. )"sla..::e: !f frrr�..- rr.�:ts ¢ctt:is rtstiditicti;is. €its : rciwc - shall five ilie rgtit to h..e enfos, tment of this Security instrument discontinued at anytime prior to the earlier of. (a) S days (or such other period as spplrcabk law may specify for reinstatement) before sale of the Property pursuant to any power of We contained in this Smunty Instrumtnt, or (b) entry of a judgment enforcing this Stcunty Instrument Thou conditions are that Borrower. (a) pays Lender all sums which then would be due under this Security Instrument and the Note had no acceleration occurred. (b) cures any default of any other covenants or agreements: (c) pays all expenses incurred in enforcing this Security Instrument. including. but not limited to. reasonable attorneys' fees. and tali takes such action as Lender may reasonably require to assure that the lien of this Security Instrument, Lender's rights in the Property and llorrowei s cibligation to pay the sums secured by this Security Instrument shall continue unchanged Upon reinstatement by Wxfowtr. this Security instrument and the obligations secured hereby shall remain fully effective ss of no acceleration had roc aired However. this right toransute shall not apply in the cast of a(.ceicratirm under paragraphs 13 or 17 ■ �r rrot, . `�i