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it
<br />If Leader required mortgage insurance 4s. tiIuh of Mallsiog the loan secured :hy•: this Security In-
<br />ed.
<br />strument. Borrower shall pay the premiums requir the insurWit* ifteffect until such'tirrseA!m requirement for
<br /> _ p
<br />the insurance terminates in accordance with Borrowefs'a' written agre I cment ar, alplilinbioi law_
<br />8. Inspection. Lender or its agent may make reasonabLe e.drrics upon and inspuctions of the Property. Lender shall
<br />give Borrower notice at the time of or prior to an inspectiotv.-specifying reasonable cAufaii1f.the inspection.
<br />9. Condemnation. The proceeds of any award or claim for damages, direct or conseq . ueadidjin connection with any
<br />wademnation or other taking of any part of the Property.or for conveyance in lieu of condemaction,atfu hereby assigned and
<br />"I be paid to Lender.
<br />In the event of a total niking of the Property, the proceeds shall be applied 4t; the sump kcured by this Security
<br />it Utstrument, whether or not then due, with any extess, paid to Borrower. In the event of a t he Property, unless
<br />6id cedbytheamount
<br />&rrower and Lender otherwise agree in writing, the sum dtfivatishbil U
<br />ssecured by this Security Innr
<br />.4, the proceeds, multiplied by the following fraction: (a) the total amount of the sAMS secured imm"Wittely before taking,
<br />"divided by (b) the fair market value of the Property immediately before the taking. Ally, balance shall be paid to Borrower.
<br />If the Property is abandoned bF Gr if, after notice by Lender to Burtaw4gir-thot the candemnoroffers to make
<br />an award or settle a claim for damages: Bos"rOwtir fails it) respond to Lender within 30 dap airier the date the notice ;Sgiven,
<br />Lender is authorized to collect and apply the pruouee,&, at its option, eithrr.fa rMforation iur . Vcrr air of the Property or to the
<br />sums secured by this Security Instrument, whe&wrivr tint then due.
<br />Unless Lender and Borrower otherwise aW.0 . .- in writing, any appliumin.6f proceeds to princip Ti'shal ex ndor,
<br />.4 1 not re
<br />postpone the due date of the monthly payments referred to i, in paragraphs I aro 2 or change the ammint of such payments.
<br />10. Borrower Not Released; Forbearance By Lender Not a Waiver. Exteniftin of the --time for payment or
<br />moclificationcif amortization of the sums secured by thissecurity lnstrumentypaarcdlay Leader to any.,.i.-sxcessor in interest of
<br />Sgstowershall not operate to release the liability of the original Borrower owi fforrower*s successorsin. iiiiiirest. Lender shall
<br />not be required tocommence proceedings against any successor in interest of refuse roextend time fi;:,,rpqvnent orotherwise
<br />ny ro e
<br />p;q4ify amortization of the sums secured by this $eo_xnry Instrument by reason oif any demanaf 0. T� teoriginatfilor , IN r
<br />forbearaam hy Lend*;4 iiadxercising any right shall not be a wii4r:6fur
<br />'p:reclude the exercise of -aov
<br />y
<br />11. Successors 5c — ndjoint a6l Several Liability. Co-iigrioers. TLer,: jenjnts and agreements of 1fii4
<br />Smrity Instrument shaiibl'.Mar�.i.*aefit the successors and assigns of Lend(:T and &,re )wet, subject it) the provisions of
<br />paragraph 17. Borrower's covenanw-, and agreements shall be joint and several. Any Px-in,.,.wcr,w1uY cwsigm this Security.
<br />Instrument but does m3t execute theXim: (o isco-signing this Security Instrument grar't Ond itmwybhat
<br />Borrower's interest in the Property under the terms of this Security Instrument; (h) is 6.')t perso,nA!YOblFAptcd to pay the
<br />ta-ms secured by this Security Instfuritra; and (c) a),,Tfts that fLender and -atvj,oihcr Borrower may 2grce toextend, modify,
<br />forbear or make any accommodloitiim% with regard it., tore terms of this Security Instrument fir the Note without that
<br />.&rfower's consent. I
<br />12. Loan Charges. If the lcqr, Y.•rcured by this Secu:%,q-.,`n--;.trumvnt is subject rEj '2i law which sets maximum loan
<br />charges, and that law is finally incerFTra!r4d so that the interest or.whei loan charge-, or to becollected in c(inne-.fion
<br />with the loan exceed the permitteJ IM^irs, then- .1 -a ) any such loan charge shiVilm reduceill by the imouni. necessary cii reduce
<br />which exceeded pe - i-Awtied limits will be
<br />the charge to the permitted limit. and .(bt any sunny al ready collected from W:na, -irweir
<br />refunded to Borrower. Leader fray chcorse. (o, make this refund by reducing the principalomcd under the-Note or by making a
<br />direct payment to Borrower. If a rvfl. dut vs principal, the redut I to in w i 11 be treated asj,i partial pre pay Irma t without any
<br />prepayment charge under the Note. .
<br />13. Legislation Affecting Lender's Rights. If enactment of expiration of applicable laws his theeffect of rendering
<br />any provision of the Note or this Security Instrument unenfoircovibleutording to its terms. Lender, at itioption, may require
<br />immediate Payment in full of all sums secured by this Security Instrument and may invoke any remedies permitted by
<br />paragraph W. 11 Lender exercises shiriopiton, Lender shall take the steps specified in the second paragraph of paragraph 17.
<br />14. Notices. Any notice to Wwrower provided for in this security Instrument shall be given by delivering it or by
<br />mailing it by first class mail unless applicable law fcquiresu,,cipf another rnech4id. The notice shall bechrected to the Property
<br />Address or any oilier address Wrrower designates by notice tit Lender Anynotice iolender shall begivenhy first class mail
<br />to Lender's address stated herein or imy other addror" Ittider designates by ruitice to Borrower. Any notice provided for III
<br />thts'areil: r7) Instrument shall be dettned to have becogiven too Burrower or Lender when given asptovided in this paragraph.
<br />15, Governing Law; SevorrAoHry. This .155&wicy Instrument shall be governed by federal law and the lzw off the
<br />jiliVi5diction in which the Property 4-4c%:&ted. Inn IN ev1en3that any provision (it clauseof this Security Instrument or the Note
<br />conif bets Withapplicable law, suchconflict shsl?hty- tolffect or her provisions of thisSecurity Instrument c it the Note which can
<br />be given effect without the counflictirg provision To this end the provisions of this Security Instrument isid the lNhtto: are
<br />declared to be severable.
<br />16, Borrower's Co". lkintrover shall he given one conformed copy of the Note and of this Security Instrument
<br />17. Transfer of,A4. Ipitui►cirty or a Beneficial interest in Borrower- If all Pit any part of the Property or any
<br />interest in it is sold furc.rarnfeirivd tor if a bentficul tater"t in Norrower is sold ur transferred and Borrower is nut a natural
<br />personi without Lenders prior written consent, lcn.Jt;r may, it its option, require unnit•diatc payment its full of all sums
<br />secured by thisSetuir try Instrument tit iwever. th t46 option shall no it he exert iscJ bi Lender if exers. sic to, prohibited by federal
<br />law at of the date of this Security Instrument
<br />if Lender exercises thistoption. Leader shill give K)r tower rmitite off ji.oelcr aw Pit Tht:lli)IILC.SI)Jilpftl%ttfCJiwrttxlt)f
<br />nor less than (()days from the date the flotue is delivcredur i►ijiled within which Iturro%er must pa) all sumsscLurcilb); iltis
<br />snurity It"trumcnT If rMirrmm-T fails to pay these Burn Vircirr try the expirati(m of this M1110. I.17ndCT may invoke- my
<br />rciticdsts permuted fly this Security Instrument without further nottit (it JemattJ no Hoar, mvr
<br />IR. 1111orrower*% Right to Reinstate. It V14111411%Vf 1110 tow k•rIdill to indistoriv,. lioirtmAer shall lia, t: tilt- I ighy it; liati•
<br />enitifternocric of thisSecurity Instrument distmitinucd altany time prior tit ifiv car Iter tif
<br />appIKdble IA% may spot Ify (I fir tt uuratentrne, tic I"Ife ..Acl.t file 111, JIKfq pulsu►ll.- Co ifq III 1%4vt 44 o,.Ilv t, 111tallitA 1. 1 till % St.
<br />cuiry Insitu iucrit. Hr i b, cia oly of i julgoif tit unhak low it! ls sc%. o! Ill, I11i!!! unitni tt t h.!! P- 'rf. -A'
<br />pdy"Itillct all suillif Whalithtis %ituldl-ockfut- ol0tr fliv.suizurity 1110111MC11tillidt hrNI IW t3J,i M- A(kVIt 9JIt, -11 I14kIkflC_-! Ill,
<br />(off 5,6 fl., kktiulir tit art, .30het tt)n -1 U. J%IyS _111 (:J!;y IVA S Ill I L' it-] It t E.Jul '- 11) Z 11111 SE a iA I! !-t\ n U.- I :E iIt
<br />ttk " lAl t I ig bij I I i*,t 1. 1 It I 1103 111. ItA *I It I Jhh: 411 F If I Ity S ft". a t V.1 t El = 147 k (7 4 wt 11a .1'. 1 C71 x11.1 ru.1 I Tj r vt T it- r - 1 .1 N
<br />sate that the lwif, it this 4%ctUtitW 11MIlUrntur I t ii-A r , tighm (to r lit- Pot -;;tt it ttA Iii I-, t t [!11•f1 lit —Ill
<br />W1 we%l 1"Ir O 1%(Eutily Ifilif tifl-tril! '001. 4"lltillue tim. hJllKC,l I -p--o w 1,� lil;,r 1, r -c i. I; - -itt, 1 - 't i-
<br />relfIVA"t '01211 it'll apply on the IL.1tr cif Au OF rjiz,a1 toil:[_,'. j.ji 1 •7
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