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If Leader required mortgage insurance as a condition of making the loan secured by this Security Instrument.
<br />Borrower shall pay the premiums required to maintain the insurance in effect wUA such -time as the requir for' the:
<br />inswarim-mmirikl6Kin accordance with Borroiwefsmdlendees written agreement orapplicable law.
<br />S. IMPWtIft. Lender or its agent may make reasonable entries upon and inspections of the Property. Lcril
<br />shall give Borrower notice at the time of or prior to an inspection specifying reasonable cause for the inspectiom
<br />'9. C,etrrletna ire. The proceeds of any award or claim for damages, direct or consequential, in connectim.witlyz
<br />any condemnation or other taking of any part of the Property, or for conveyance in lieu of condemnation,. -
<br />arraigned acid shall be paid to Lender.
<br />In the event of a total taking of the Property, the
<br />proceeds shall be applied to the sums. secured by ty
<br />Instrument, whether or not then due. with a%ye�ccss paid taBorrower. In the event ..bf a partial -taking e.f;hi:.]Krbpetty,:'.-
<br />unlen Borrower and Lender otherwise agret:aem w-maing, the sums secured by this Se6lt* lnsftMoit shaltbe
<br />the amoml, of the proceeds multiplied by tbeL
<br />SUrItA.�eCtijWJ, ;'
<br />*0--,-Wilowing fraction: (a) the total amomr. 4MA2. ��F-
<br />before the takirig, divided by (b) the Wri tAet'value of the Property immediately- WCiv'ibe tai 4,..'Anyba4J'
<br />raid te�%ffailzo.
<br />Oriapxrr$� us: abandoned by BonvwETI to `A•: a Vr th
<br />maicrara +irsrd or tics claim for damages{ Egoribw i.T ids ila �e porrd To. tn' derwithin 30 days (r ate date.t#e notice is:
<br />given, Leadeiis'authorized to collect and app', thv.�r 9;. fitsopel6n'
<br />Ka I either to restoration or-i*Uir of the Property or
<br />to the sums secured by this Security Instrument, whether oz roZ then due,
<br />Unless Leader and Borrower otherwise agree in wririog, any application of proceeds to principal shall lio.Tvxtend or
<br />postpone the due date of the monthly payments referred to in paragraphs I and 2 ior change the amount of su&V'iyalents.
<br />10. Borrower Not Red mak Forbearawe By Lower Not a Waiver. Extension of-the time for payment or
<br />modification of amortization of the sums secured by this Security Instrument granted by Lender to any successor in
<br />interest of Borrower shall not operate to release the liability of the original Borrower or Borrower's successors . fininterest.
<br />Lender shall not be required to cam - mence proceedings against any successor in interest or refuse to exteria time for
<br />payment or otherwise modify amornzation of the strums sal�w- ' e1by this Security Instrument by reason of any demand made
<br />by the original Borrower or Borrower's successonkjz kmeregt.Any forbei ze by Under im exercising any right or remedy
<br />shall not be a waiver of4w.preclude the exercise right :6r Tmedy,,
<br />11. Sacceemsood Assips Bound-, Joint and Seveir**11abilitk; Co-signers.. The covenants and agr=mcnts of
<br />this Security Instrument shall bind and benefit the succcssm,,4:0 assigns of Lender and: Borrower, subject to theprovisions
<br />,l:EW&9Ts#h, 17. Bormwer's covenants and agreemer-is silent*: joint and several. Any Borrower who co-signs **.Security
<br />Mzmirui.an! b%a does ma execute the Note: (atj 1,F �g.n,'
<br />&.fdis Security Instrument only to mortgage, grant and convey
<br />.:tat Borrowers intern -t in the Property under trRwiizrms of this Security Instrument; (b) is not personally obligated to pay
<br />the sums secured by this Security Instrument; and (c) agree't, that Lender and any,other Borrower may agree. to extend,
<br />modify, fbibur or make any accommocdations with reprt, iv�, the terms of this Security Instrument or the Nate without
<br />that Borrowers consent.
<br />11. Loon Chard m If the rc&,l sccurzdt / this Semh!y Instrurnew-is subject to a law which sets maximum loan
<br />charges, and that law is finally interpreted. sae f-Itat the interest or t.1thrarloan charges collected'or to be collected in
<br />connection with the loan exceed the permivad lurmits. tba'.. (a.) any 9""It'loart charge shall be reduced by the amount
<br />necessary to reduce the charge to theptrinittedEmit; and (bliorty sums already collwad from Borrower w19ithexceeded
<br />permitted limits will be refunded tQ. Borrower. Lender rruty 0!)ose to make this reknid by reducing the principal owed
<br />under the Note or by making a direct pa) mcrit to Borrower. If a refund reduces principal, the reduction will be treated as a
<br />partial prepayment without any Prepay Men" dmirtm, under the Note.
<br />13. Leodation Affecting •w&r% Kjorm. If enactment or expiration of applicatilt! laws has the effect of
<br />rendering any provision of the Note arthis SecunT Iftlitrument unenforceable according: to its terms. Lender, at its option,
<br />may require immediate payment in fill of all sure:, secured by this Security Instruirrem and may invoke any remedies
<br />-permitted by paragraph 19. If Lender exercises thin cep iron, Under shall lake the steps specified in the second paragraph of
<br />paragraph 17.
<br />14. Notices. Any notice to Borrower provided filr in this Security Instrument shall bega I 'en by delivering it or by
<br />marling it by first class mail unless applicable law require use of another method. The notice shall be dirmted to the
<br />Property Address fir any other address Burrower designares by notice to Lender. Any notice f.-O Lender shall he given by
<br />first class mad to Lender's address stated herein or any other address Lender designates- by ncizi_,�tu Borrower. Any notice
<br />provided fnr in this Security instrument shall be deemed to have been given to Borrower or Len&e-? wren given .is provided
<br />it) tllj• pardgrapll. 1 I
<br />I.S. Governing Law; SeveraMity. Thi!iSecuritY 'Mrument ~hall be goverritJ by federal law and the law of the
<br />jurisdiction in which the Property is located. In the event that any provision or cl`.zuse of this Security Instrument or the
<br />Note conflicts with applicable law, such conflict shall not affect other pre,14sions OV ft�`is Security Instrument or the Note
<br />which can he given effect without the conflicting prevision. To this end the provisions of this Security Instrument and the
<br />Mile arc declared to he severable.
<br />10. Swrower'sCially. Borrower shall be given one conformed copy of the Note and of tf. i� Security Instrument.
<br />17. Trmftr of the Property or a Beneficist Interest In Borrower. If all or any part of the Prop-nmy of any
<br />interest in it is sold (it transferred (�r ifa beneficial interest in Borrower is sold or transferred and R.-wrower is rat a natural
<br />per;.ow without Lender's prior written consent. Lender may, at its option, require immediate pay m.,!nt in full of all sums
<br />sci.urcil by this Security Instrument. HOwever this option shall not be exercised by Lender if exercise is prohibited by
<br />frilrial lAw -is of the date of this Security Inttruntent.
<br />Ifl-cutler ty.crei". this option, Lender shall give Borrower notice of acceleration. 'file notice shall provide a period
<br />441141licii-sillwo tO d3y; from the date file notice is delivered or mailed within which Borrower must pay all sums secured by
<br />the. Stimiaylnstiuinclli Ifflormwer fails to pay these sums prior to the expiration of this period, Lender may invoke any
<br />ten-41— P-_!TM1!Cd tav this st';,villy Iwifu=811 wittmut further not ice Or demAnd 11fir &A I tywcf.
<br />14, Fktrrower's RIXNI to Relostate, If Fk)rrt)wcr meets certain conditions, Horro%er shall have the right to have
<br />raft ,iten ' icni 4 this Stcuiity Imuuntent thwontinued at any time prior to the earlier of (a) 5 days (tit such other periml as
<br />A11141, AM 13% 111Ay !,JrCLA) (07 relfistaienicill) ht-fure safe of the Property pursuant to any power of sale contained in this
<br />Src 11111y In011ailo-Li of fill t-flify of a judgment enforcing this Security Instrument. 'I how conditions arc that Wrtower
<br />(41 t!A)4 I illilEt all f.J111pi J4111J.1f fliell Wi)U111 hv due under this Security Imirument and the Note had no acceleration
<br />On i ort,4 in) i1cfanit (if any viller clivenallili or a9rcetticrits. (c) pa)% all expenses incurred in enforcing this
<br />`l%ti- ,lrflw sliAl ilolrlil, IM llldllig. tut Wit liltilled tfi. reasonable attorney'-' fees, and (d) takes such actirm &- liender may
<br />ficuliji, Nox.,.1 tv MA the hen ti! tbill Security Initrurvient, Uender',- rights in the prtyrwrty ilild I11,rr1jArr,%
<br />midi scoured fly Oils r4cLuril) IrMtulliell? 41,111 C4111111111C unchanged Upon ircumatemelit by
<br />If, 14 to nl-,'fi! al! , (t the t IMIF"Itle Ill-., rk Uf rd licrChy shall relliallp fifllj Ofeci ow it'. it
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