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1 <br />- -- 89- 105037, <br />If Lamar rag *W ttsortgtgt isawrswe a a condition of raakiag the koaa wwred by Ibis Sacristy IrtstrwatrAIM11.•, <br />Borrower, "wyth• 0001ions "*A" to ensiataia the inwranae in deco VWA sreh tithe as the rrgrdrtaeat fa► floe <br />insumne" ta"snatsitt a000edana with Bocmwa's and Lander swritsets 46e0e0sent or applicable law. <br />L Iseps lea. Leader os its apist may mkt amom" entries upon and inspections of the . Lee (der <br />shall! itveBortltiWsadi csa��iletirnent"— e- �"�`3?i�'apw -- l- - <br />!. Canisraraiae. The proceeds of puny award err cMitn fcx dada ages. direct a coasequratial. is � svit� . <br />any catdassastion or of taking of any put of the Property, or for conveyance: in ku of c'oademaatkw, art: harAy <br />assigned awd slash be paid to Leader. <br />its the 01041111 0( a total Wrung of the Property, the proceeds shall be applied to the watts ac and bit this Security <br />isst unrest. wrtaiher or no Lase due, with say excess paid to Borrower. in the event of a partial taking of the Property. <br />wtksa Borrower sad Lander otherwise ag m in writing, the sum secured by this Security Imstrumat del be reduced by <br />the araotastI of the proceeds askiplied by the fdloai" fraction: (a) the total isomiat of the some seaxed..ii*weediatdy, <br />bdAxv de tdkiny. divided by (b) the fw market value ottee Property annnediately before the taking. Atay balsace shall be <br />paidtokBorro�wer. . <br />If the Property is aboadoaed by Boaowa. or if. aft totioe by Lender to Bommer that the coadenusor acra to <br />Stake. M sward cranks claisfordaroapes„Bocroma 6& to respond to Leader within 304ays after the date the notice is <br />giver, Leader is aatltocized to- collect and apply the proeeeda, at its option. either to restoration or repair of the Property or <br />to thmros secured by Isis $ecnrity leatruuarat whether at not then due. <br />Unku Lenderm d Bommaodherwue agttx w writing. any applicWaofpr+aceeds to pciacipslshalt trot extwaad a <br />postpone the due date of the monthly psyina is ederted to is paragrapihs 1 and I fteivape tke amount ofsncb payments. <br />lt. BWMW Wit Relaaasi; Farbawance By Lanier Nat tt � Waisw. F.xtession of'a ht;, tune for payment or <br />modification of amortizatiop or the sues$ secured by.414 Seeurity;lrM3rita "I merited by ;t ea* to any successor in <br />iaterssLOl Bomasret 3.snell t�ot.O(ierite to release the li;rbixit;yof ah f seminal 1)dcrr is or Borrj okft sn►xatoss in interest. <br />Le .del not be required. to tomrnewc proceediri t slant any successor-in incest at lefuse to eatend time for <br />poymw war otherwise modify memization o f tba surms muted by this Security instrument by-rast n of any demand made <br />by tint -iwiginaal ON —wtror ftm weer sucr.'esd' in intei est. Any fbabiarat►ce by Lender in exer�sinj any right or remedy <br />sb&'J be s waixesrtd`or prodWc the exeirwduotany right or remedy : <br />: kl`nal. - SnnDStias's saw Aasigiti Bad .fai■t ttsni Setara! Liability; Co•aipees. The covenants sad sjr+egrnenas of <br />tM Se 0ty Instrument shall bawl end benefit the Successors and assignzof Lender and Borrower, subject to the provisions <br />aipersgrals;k.11:110Mwa's Covenants and merchants shall be joint "d Waal. Any Borrower who co-signs this Security <br />Instrument Lis► c6aw rmt execute the Note: (vr is co-signing this Seci ut�p: l n;tr»nasnt only to mvrtpge, grant and eaaaeey <br />that Borrower's interest in the Property udei thetertns of this Secu*v, Lhstitremcxrt; (b) is not personally obligated to pay <br />the sums secured by this Security Instrument; and (c) agree& that'Lender and ray other Borrower may a w to extend, <br />modify. forbear or make any accommodations with regard to the terms of this Security Instrument or the lute witbw <br />that Borrower's consent. <br />IL L eae tBsrve. if the ken secured by this Security Instrwomt is subject to a law which acts maximum kft <br />charges. and that bm is "ally interpreted sa that the interest or other loan charpa collected or to be eollweii 'in <br />connection with th0asn excsst the permitted limits. then-, (a) any such loan charge shall be reduced by.the amount <br />neeessary.to reduce the chew wi -the permitted Blot. and fib) any sums already wail kcted from Borrower which exceeded <br />litmitiatsft limits will be refwkW to Borrower. Lender majr choose to make Mi. raiund by reducing the principal owed <br />under the Note or bp noshing a direct payment to Borrower. If a refund reduces principal, the: reduction will be treated as a <br />partial prcpayaxnt *itkw any prepayment charge under the Note. <br />13. Lagisiatlm I,eaisr's Rifihts. If ensctmettt.rx expira;a<�u, of applicaii k laws hoc the effect of <br />rencluMi any provision of the Note or th*Securiiy instrument unenforceable acAOading to its terms. Leini)pr, at its option, <br />may rtaPWIC immediate payaoeot in full of all sums secured by this S ,;,wity Instrument and may invoki'taany remedies <br />permitUd by paraprspb 19. if Lender exercises this option. Lender sltallr Hake the steps specified in the now paragraph9 gat, <br />paragraph 17. <br />14. l4elleas. Any notice to Borrower provided for in this Secusity Instraam erst shall bee given by d*wuing it or by <br />mailing it by Ant class mail unless applicable, law requires use of another met W', The notice shall be *Mled to the <br />Property Address gr any other address Borrower designates by notice to Lender. Any notice to Lender "be given by <br />first class mail to Lender's address stated herein or any other address Lander designates by notice to Borrower. Any notice <br />provided for in this Security Instrument shall be deemed to have been given to Borrower or Lender when given as provided <br />in this paragraph. <br />1S. Carersiag Law; S4tV*%bMy. This Security: thstrument shall be gowet+a l by federal law w4 tliwt law of the <br />junfid*Aim its whirls the Pmptrfy is located. In the event OUt any provision or C4%3- of this Security Instrument or the <br />M4: 4atnllicts with applicable law, such cornet shall not affect other provisions of this Security Instrument or the Note <br />which can be given effect witbow the conflicting provision, To this ad the provisions of this Security Instrument and liar <br />Note a'ro declared iabe sevaabk. <br />tt . >1Wr+oNN" tlApy Borrower shall be given one conformed copy of the Note and of this Security instrument. <br />g7'' 'hi'►trrnsfer K the it'ropesty. or • DiNficial littered Is Borrower. If all or any pan of the Property or any <br />interest in it is sold or trawnaferred (or if a benellcial interest in Borrower is sold or transferred and Borrower is not a natural <br />person) without Lender's prior written consent, Lender may. at its op><•i w, require immediate payment in full of all sums <br />secured by this Security lrntrument, However, this option shall nett Ewe exercised by Lender if exercise is prohibited by <br />federal law asof the date of this Security Lmtrument. <br />It Lender exercises this option. Lender shall give Borrower rx;cvx of acccko.W ion. The notice shall pasrside a period <br />of awri'liars thaw 306" froth tiudase the notice is delivered or asaiierpvt a whkb borrower must pay all mi ew Wurw by <br />this Securgy Iiatrgr"t. If Borrower fails to pay three! sum prior se ite txpiration of this period. lender may involiei"Y, <br />rtrr�e0ies perwitMr by�his lfacnrrity Ioufumem without further note *iii demand Aga Borrower. <br />e>t�Met /lsrE!`s lli�it!iw.lialaat4!r� I[ LtnCrr'�". s = �_rt.;s`! tan shall have the fight iu !lave <br />t aft h- k, U drily tata+trurnent discontinued at any time prior to then urWr of (a) 5 days (or such other period as <br />L Ito may specify fOt"rlabsslatwtantnt) oefore sale the Property Put.WA u: 'to any power of sale contained in this <br />Secrrtitly instrument; or (b) entry of a judgment enforcing this Security fastrtotiti4 Those conditions are that Borrower: <br />(a) ps" Leader all suans which theft would be due under this Sejv4i.jy i tmtkonent and the Note had no acceleration <br />occurred: (b) cures any default of any other covenants or agrecftw.zi �cu;pays all expenses incurred in caisircina this <br />Security insironaent. including, but not hinited to, reasonable attorneys' fees; and (d) takes such action ",f.ender may <br />reasrinably, regime to assure that the lien of this Security instrument. Lender's rights in the [property and 1orrower's <br />c4144a11011 rra pay rite sums secured by this Security Instrument shall continue unchanged. Upon reinstatement by <br />!lM(.wer, thus Security Instrument and the oblipoons secured hereby shall remain fully elfecrtve as if nn acceleration had <br />(,;cuffed However. this rtght to reinstate shall (Kit apply in the case of acceleration under paragraphs 1) sir 17 <br />1 <br />—J'- <br />