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<br /> � ^f� r' �•t F? � � -,Y.a�'_'��`�C�.i�`R G� i.;''t �._.�� y� �,. ',�t�_ t _ e_� 4 - ai �..- .
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<br /> .�a:...� `� e insurance coverage is not available.Borrower shall pay to(.ecs�er each mouth a sum cquai to f� ��
<br /> ��._ .� _, subna�tialty eqaivate+it mortga8 d b Bomower when the insurance rnverage lapsed or crssed co r
<br /> r, x.•-'}` '�` - on�tw�Ifth of the yearlY munga8e instuancx Premtum heia&Paz Y '�' "- ` :
<br /> � �;;'. nse and readn tl�se paYmenis as a loss reserve in lie� of mangage i�urance. Loss reserve �
<br /> c.C �• �bC IA C�OCt.1.Mld8f WII��. �L � '���
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<br /> __ �_ paymeats may aa tanger be at tl�e optioa of Lendet.d�mortgage inswance r�veaage f in che aznount and for the peri .
<br /> .�- '� �* - �"��� that Leader requu�-,I provid����P�ved by Lendc�r agui�becomes available and is obtained.Bormw�shali pay � �-��
<br /> :, t�.:.� ovide a loss res�rve.umil tlie requirement fo�mortgage � F:_, .{^...: .•_
<br /> t b e pre m i u m s c e qu'sred to rnaiataim m�rtgage insurarioe�between Boma es a n d[�n dec or app li c a b le i aw. t'�k '
<br /> "� in4urance euds in acrnrdance with any wntten agceemeEu
<br /> ��� a �s ons of dse 1'ropertY.L�nder shall give � ° � . � {_�
<br /> �:: 9.Iaspectiot�. i�nder or its make rea�oaabte entries upon aud inspecti <
<br /> ��Y � i n reasot�able ca�ue�or the intipection. 4 ° l`'� ~�
<br /> , �`''S -`� 8orrower aotice at the time of ar priar ta an inspo�i sp�� S direct or co � . �4
<br /> '� r ' ID COfIIlECl10I1 W1L�1 SI1}r � '�, �{£�,a� .
<br />- - •=+`°�; t0.Conde�nualton.The pmcaeds of aay awand or da�m for�amages. �� � ;:, . ..�: :.
<br /> .:-t.�,-.F: - petty,or for conv ance in Eieu of condemnation. are-herebY assi8ned and _.�;�,`;._„r:r
<br /> ,. oon�ieatnation or athec taking of a�ry par�of the Pro eY f � S
<br /> ��, sfiail be paici to L�eader. lied to the snms secured 6y this Secvrity InAnunent. °' `` `�'' `
<br /> � ? °�`" � In ihe eveat of a total takiug of thc Property.ttte pmceeiis shall be app of the Fro in which the fair � •�,�` a 2 4�
<br /> ,�;�� � wbedier m not d�chce.with�ry excess p�d to Homnwer. ln the eveat of a partial takiuS P�3' � ,� ' --
<br /> � ,.t;=-:..�;.:� �c�q va(ne of the Property immediately+before the taldn8 is equal[o or gceates than the amoum of the sams secured by tfis � i.
<br /> ^`�,� '` � S�auity laatrument immediately before the taldng.untess Bortower and l.ender otherwise agree iw writing.the�secured bY *� ;s �` -'
<br /> , r% '�� this Sewrlty �um�t shali be reduced bY the amaum of the proce�s multiP}ied by the foltowiag fiacciaa: (a)the tatal c �
<br /> immediatety before the taking.divided by!b)the fair market fa�e�ofP e�Propert�(�mmediat� ,�-.F.`.�..�.`'
<br /> � � ' �_., atnonnt of the soms secut+�d�
<br /> r °�' balancs shall be paid to Bormwer. lo t1ie ev�t of a parriai taking : ,
<br /> <: � ��,: befure the taking. Atry befoie the �` ;;
<br /> rnauicec vaiue of the Prupeity immediatelY befose the raldng is less thaa the amount of the sums secured irarned"istelY ,,,1:-�-�`
<br /> - in writin or unless appGcabte law otherwise provides.the praceeds shall 4 „ H ,.
<br /> .::� 44 taking, anless Bmm�wer and L�dec otherwise ag�ee S r"�`. r•---
<br /> ^'"�� be apptied to the s�ms s�bY���'�m whether or not the sums are then due. ��;� _---
<br /> ,�;. �� -
<br /> � �. If the Prope�ty is abandoned bY Borrower.or if.after notice by Lender to Bormwer that the condemnor offers to an
<br /> awar� or seuie a claim for damages.��R'�ceed.s tat�opuont.pe"t�er�to w�ces�t loratiop�rep ir of the Propercy or to the�sums 'F `�-_
<br /> r ; �. Lender is sutborizod to coltece and apP Y P .�`,"c`
<br /> 4,, se�ued by dus Sectuity Iasuameu�afietber os not tbeo due_ shalt not extend or
<br /> , .�.,=:�. Udess IxMer and Eorrower othenvise agree in writing. anY aPPlication of procee�s to Principai
<br /> ' •�.M` /�hs 1 and 2 or c�ange the amourt of s�paymeatsG,�N^ '"<,.
<br /> -:�__ �::f::::w��.z.: of the monthl �4�1G��III�"7' . ��IlI�Ri�+D _.�_4.. Y_
<br /> ° ,'°Y:: �11.Rflftowrx Not Seteased:For6�ra�ee BY�Not s�Yatver.Esae�on of the time ior paYme� �
<br /> o -
<br /> _ �:..�,� 1 tad l.ender to atry successor in in�eresc of Bors�ower shaU 4°
<br /> of amortixation of the sumg secured by this Se�rority Instrumeat gran bY ..
<br /> - �.n �
<br />-�,�.���_,��,,:`W=::.-��£. not operate to release the liability of the ongjnal Bomawer or Borrowei s successo�s in interest. Ixnder shaU nat be reqaired to �_�- ' -_
<br /> ,. =�.F ���ings agait�t aay suoce.�or in interest or mfuse to exte�d time for paymeat or otherwise m a d T y i +amott�miton
<br /> deneaad made by the origi�l Barrawer or Borrower's �" 't` -
<br /> �: '� '�`^:' this gecurity It�sutunent bY reason.°f anY ss' ;
<br /> �,.�,,� : . .� -a. of the sums secured by su
<br /> '�;�•; forhears�ce by I.ender in eae�cismg any right or remedy sdatl not be a waiver of or prectade e
<br /> .�;: '': ; • -•�� mccesso�s in uuerest• MY .'�'.-
<br /> ° � "� r� exencise of arr�right or remedY. ts of this .
<br /> �t
<br /> °;� °j,:s� 12.�is aud A�ig�Bowsd►dotni aad Seveeal LiabiUty; Co-signws.The cave�nts and agr�nen. . _`_ ��,
<br /> o�as of . L _
<br /> � s.'�;'. �Instrument shai!bind and benefit the suoceswrs arid assigns of Lender artd Borrower.sabject to the prov�.s� -
<br /> ,',s � �.�:�t;� h 17. Botrower's emret�uits and agreements shaU be joint attd several. Any 8ormwer atto co-signs this Secwity
<br /> iastrument out to ivan � Sraai and comey that • �
<br /> . `'.. '; ` �but does unt execute the Note:(a) is oo-si8aip8 ti�s Set.vritY y �bli to the sums =.`.=
<br /> ..24.,.,.,• .. , . .,,�� .
<br /> .. + • �_ _• t. undes the terms of this SecuritY lnstn�men�(b)is aot Perso�llY P,ate� __p�i+ ::>; . —
<br /> . ".;.� . gorrower's�ncecest in the ProPenY to extcnd.modify.forbear or 4':.•'.,:�
<br /> A �., �:�. - _ .�,`� sewred by this 5eaauit�r lnsuumeat;aud tc)agrees that Lender and anY ot6er Botsower may ag�ae _
<br /> .--•��•. ; '� ,:�:;�'• Inspeument or the Note v�ithaut that Borrower s conset►� •r..: ;r
<br />- 1 : �• '• make say accomamdauons with regard to the terms of this Security .,- . -
<br /> "`�`. :�• :�' ` '.` `� 13.Lazn Charges.If ihe loan secured by th"ss Security lnstrument is subject to a law which sets maximum loan charges. :.r .,,..
<br /> . �•;. ,•�..
<br />_ .. . , ���w�fi�1�y i�rterpreted so that the irterest or other toan charges collected or ta be co!lerted into red�ice d►e charge ",'' .'`-
<br /> ::•;: :_ �` �:':=:_: •.
<br /> . laan enoeed the permiaed timits,then:(a)any sach loan charge shall be reduced by We amn�nt �n�eceslsa*Y will be retunde�:to --
<br /> r :'' •' to the pemutted limit:aad(b)a�ry sums already coRe�ed fram Borrower which exeeeded pec�n� —
<br /> ,:-.. , owed under the 1Vote or by makinp,a direct ' _
<br /> Y : . `� Borroaer. Lender maY chOOSe to make this refimd�Y�redu�8crion�will b�e tmated as a partial Pmpaymea� nrithaat any -
<br /> . � `f�.'/` p a y r u e n t t o B o r r ow er. !f a refi�nd ieduces pri p -
<br /> ;.� `.:�;: prepayment char€�e under the Nete. .,�,. _
<br /> �. 14.Notioe�.Any notice to Borrower provided for in this 5ecurity Insmiment sha11 be given by delivering it or by ma�'IinS y .
<br /> •' '�- ;� .:, .�� it by fizst ctass mail untess applicabte law requires use of another method.The notice shall be diraxed to the ProPertY� ::�' � ~
<br /> ; n-�,�; ,, ; �'.'`-�:: or ac►y wher address Horrower designates by aotice ta Leader. Any notice to Lender shali be given by first class mail to t'., —
<br /> vided for in this ��
<br /> ."�,- •?`. Lcnder's address stated derein or a�sy+other 3ddress Lendet desigrrates by nouce to Hotrower. A�r rtotice pro . �-
<br /> ', �� � ' .. SectuitY In4trumem shall be deemed aa dave beEn given to�Nmem s6��ll b�e go emed by Dfed�eral la and�ihser l�aw of the I._�, `.,:':_
<br /> ::'''`k� ..= �, 15.Go�efai� Law: Sev�abilitY. Thi.c Security rovision or ctause of this Se�vrity lactriiment or the Nate _
<br /> : .`' -• ,jurisdiction in which the Froperty is t�cated. In the event that any p , --
<br /> ,�..__ Instrumetu or the Note which can be �r
<br /> cot►flicts witf�apPlicab�e la►w.such mnflict�ha1�aat affec�°�1er provistons of this Sec�uity
<br /> � ect
<br /> �` "' given eff�ce withont the conflicting pravision.To this end the prmrisions of this Security Incuumem and the Note are dectaied ,..
<br /> , .i:• , .,.�!<•i: ,f..�
<br /> t o b e severabte. o f t he N a t e a n d of this Securi t y Insua�n�•
<br /> 16.Bonoa�er's CaDy.�nower s1�a11 be given one confo m i e d copy �of the or azry iaie[est in it � �•��'`
<br /> •:-,_�,I, l7.Tramf�o!the Pm�ar a B�ettcial lntcvpst in Borro�.If all or airy p ��Y without
<br /> � � is sotd or transferred(or if a benef ctal intemst in Borrower is sotd ar traztsferr�d artd Bormwcr�s not a natura�p�°n) , .
<br /> . . . . �. r Lender s prior written oonsent. Lcnder may. at its oprion. require immediate paryment in fiill af all sums secured by this '� .�
<br /> r=��- ° . Security[nstruraent. Ho�vever.this option shall not be exercised b�Lender if exercise�s prohibited by fedcrallaa+as of the date �� :
<br /> . of tl�is Securiry lnsuumert.
<br /> ::',:�'.._ ' ' If Leader exercises this optioo.Lender shall give Borrotiver notice fi aaxteratian.7'he natice shal�'ro�de as��by d��s
<br /> '.<<: ..
<br /> (ess than 30 days from the date the notice is detivered or maited wi4hin which Borrower must PaY . .
<br /> - . ' gecurity Instrurrcent. IL Borrawcr fails to pay these sums priar to the expiration of this pereod. Lender may ir►vaAe any retnedies .__: i:.:�::.
<br /> z '� ,.� . .. permitted by this S e c uri t y Instrument without fwrther nmice or demand on Borrower. ��- �..':.
<br />_-�' . . 1g. gmrrower's Rig1►t to Reit�state. lf Borrower meets cett�in conditions. Bor.rawer s h a l l h ave t he ri g t►t to have •
<br />` '� �� ' • ..`.;.. enforcemem of this 5ecurity In,trumem discvntinued ot any time prior to the eariier vf: (a)5 daYs (ar such other period as
<br /> ci for reirutatementl beiore sale of the PropectY pursuant ta any pouer of sale contained in this `;•�. �
<br />-' applicable law may spe fY � �
<br />__r' ' .:. Saeurity Instrument:or Ib)entry of a judgment enforcing this Security inswmen�.Those conditions are tha1 B°n°a`er:(��Pay�'
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