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_ _ _ __ _ _ _-_ __ _ ______ _ S �^_? �.� m� � 1 � ��.�. 105958 It'Lender�equsred mongage inwraace u a coridition M'maicin8 t!u lcun secured by thia Sesurity lnatrumcot. �• Bdrrawe�shall p�y the premiums required to maintain the inaurance in eQect until such time u ehe requirsment for the in�u�sn��termi��t�in�ccordsnce with 8prrpwer°��nd I..ende�'!�►�itt�p��teeme�4 or��pli�+bl�I�w. S. Iweetto�. l.ender or its agent m�y make reasona�le eniries upon and inspectlona oP the Propeny. I.ender shall�ive BonaMtr notia st t�e time of or prior to an inspection apecifying rasanable canse for the inspection. 9. Co�alloe. The proceed�of sny award or claim for damages.direct or consequenti�l.in connection with any condemnation or ather takinj of any part of the Propeny.or for conveyance in lieu of condemnstion� ue hereby auijned u�d shs!!�e paid to Lender. In the event of a tottl tsk'tng of the Property. the proceeds shall be applied to the aums securad by this Socurity Iruttrumeat,�hether or not tbeti due,with any eaoas paid to Borcorver.ln the event oP�p�rtial takina oP the Property. unlas BonoMet and Lender other�vise asra in Mritina.the aums secured by this Security Instrument ahall be reduced by the amonnt of the proceeds multiptied by the follo�in�fraction:(a)the tota!amaunt of the sums xcwod immediately bd'on the taking,divided by(b)the fair muket value of the Property immediately before the uking.Any balance shall be paid to Borrower. If the Proptrty ia�b�ndoned by Borrower.or if.attec notice by Lender to Borrower that the condemnor offers to maice an�MUd or settle�cl�im for damaaes,Borrower FaiLs to rapond to Lender within 30 dsys aRer the date the notia is pven.I.aider is autharized to coQbect�nd app�ly the proceeds.st its option,oither to rator�tion or repAir of the Property or to the sums secured�y this Secusity Instrumea��,whether or not thea due. Unless L�ender and BorsoWer otherw�ise agree in writing,any application of�roceeds to p�ncipal ahall not eatend az postpo�e the due date of the manthly pa}me�u referred to in paragraphs 1 and 2 ar change the amount of such paymrnu. . 10. Horrower Not Releaua; Forbearance By Lende� Not a Wai�er. Eutnsion oF the time fe�r payment or modiftc�tion of amortization ef thr sums secured by this Security lnstrumen3 gsanted by Lender to aay�successor in interest of 8orrowea shall not operate to rekase the liability of the origanal Borrower or Borroaer's successors in interest. Lender shall not be required to commence praeeedings sgainst any successor in interat or rcfuse to eatend time for p�yment or othern�se madify smortirition of the sums secured by this Secarity lnscsument D�rea.wn of ana deenund made by ihe orlainal HorroMer or Borro�ver's auccessors in interest.Any forbearanca b}Leader in eaercising any a9ght or remedy sha11 not be a�aiver of or preclude the eaerciu of any right ar remedy. 11. S�eceston u�!As�ip�How�d;Joi�t aea Se�errtl LiabWity;Coyi�nen. The covonant9 snd agreements of thia Security Instrument shall bind and bene8t the successors and assigns of Lender and Borrower,subject to the provisi�ns � of paragaph 17.Bonower's covenanu snd agraments shall be joint and several.Any Bonawer who casigns this Security Insuument but doa not execute the Note:(a)is co-si�ting this Security Instrument only to mortgage,grant and convey ' a` that Borrower's interat in the Property under the terms of this Security Instrument;(b)is not personally obligated to pay ��. '. - tlse sums aocursd hy thib Security instrumrnt;and(c)agrees that Lender and any other Borrower may sgree to extend. ' modify.tarbear or make any accommodations with regard to the terms of this Security Instrument or the Note without ;' that 8orrower's oonsent. 12. Low G�v�a. If the loan socured Ey this Security lnstrument is subjeet to�!aw which sets muimum loan chuges, and that law is finally interpreted so that the intetest or other loan chuges collxted or to be collected in connaction with the loan exceed the permitted limits, then: (a)any such loan criuge shall be rednced by the amount neces.sary to reduce the chuge to the permitted limit;aad(b)any sums alrady collected from Bonower which exce�edod pen»itted limits will be refunded to Bonower. Lender msy chaose to cnake this refund by reducing the principal owod under the Note or by making a dircct paymrnt to Borrower.If a refund reduces principAl.the reduction will be treatod as a psrtisl pnpayment without any prepayment charge under the Note. _ _ 13. I.e�latiw ARecti�= Le�der'� Ri�hts. If enactment or espirstion of applicable laws has ehe eh'ect of = renderin6 any provesion of the Note or this Secutity Instrum�nt uner►forceable according to its terms,L,ender,at its option, may requirc immediate payment in full of all sums secured by this Security lnstrument and may invoke any remedies permitted by partgraph 19.]f Lender exercises this option,Lender shall take the steps specified in the second para�ph of puagraPh 17. 14. Nodces. Any notice to Honower provided for in this Security Instruecant shall be given by delivering it or by maiGng it by first class msi) unless applicabte taw requires use of another method. The notice shall be directed to the �� Property Address or any other address Bonower designates by notice to L.ender.Any notice to L,ender sha0 be given by " flrst class msil to Lender's address stated herein or any a¢her address Lender designates by notic�to Bonower.Any notice . provided for in this Secwity Instrument shall be damed to have been givcn ta Horrower ar I.ender when given as provided in this puagraph. 1S. G�erei��Lw;Se�enbiltty. This Security lnstrumenE shall be governed by fedcral law and the law of the jurisdiction in which the Property is locsted. ln ehe event that any provision or clause of this Security lnstrument or the Note conAicts with applicable lsw,such conflict shall not affect other provisions af this Sxurity Instrumtnt or the Note which an be given effect without the conflicting provision.'1'o th�s end the provisions of this Security Instrument and the Note are declarod to be swenble. 16. Borrower's CoPy. Borrower shall be given one conformed copy of the Note and of this Security Instrumcnt. 17. ?nufer o!the Property or a Heneflclal Interest in Bonower. If all or any pan of the Property or any intetest in it is sold or transferred(or if e beneficial intar�t in Bonower is sold or transterred and Borrower is not a naturaF person)without l.ender's pnor written consent.Lender m.ay,at its option,roquire immediate payment in full of all sums secared by this Security Instrument. Hawever,this option shall noi be exercised by Lender if eaercise is prohibited by federal law as of the date of this Security Instrament. If I.ender exercises ihis option,Lrnder shall give Barrower noti�e of accelerxtion."I'�he notice shall provide a penad '- -`—-- . of not tas than 30 days from the date the notice is del�vere�ar mailed within which Borrower must pay all�ums secured by this Se�curity lnstrument.lf Bosrawer fails to pay these sums prior to the cxpiration of this Txriod,Lender may invokc any rom��es permitted by this Secur�ty Instrumrnt wothout farther notise or demand on Bc�rrower. , . ld.Borrower's Rl�t to Reiettate. If Borrower mats certain conditionsr Borrawer shall have the right to have ' enforcement of this Security lnstn►ment discentinued at any time prior to the earl�t�a�f:(a>5 days(or such other penod a.� � applicable law may specify for re�r.stateca:ent)before sale of the Pra}xrty pursuas�t to�ny power of sale contained in this � L Secunty Inytrument;or(b)entry of a}udgrrtent enfuretng th�s SecunEy Instrument. 7hose condit�ons ate thut Borrower. � (a)ppys Lender all sums which ahe� uould t�due uRder ihis Sccurity Instrument and the Nate had no acceleration oceuncd; /b)cures any default of any othmr covenants ar egreements; (c) pays all expenses mcurred m enforcing thts � Securuy In,trument, mcludinR, but not l�rc»ted to, reasonable attorneys' fces,and (d) takes such act�on �� l.ender mHy , 4�c0 ressonably reyuuc tn assure that the I�en of th�s Security Instrument. Lender's nghts �n thc Property and }3c+rrnwer's �� obligsttnn tc► pay the sums serured Dy this 5ecunty lnstrumen3 shall continue unehanged l'pcm rtins�ntemen� by � r' $e�nou•er,th�s Securi�y Instrument and the abhgaunns secuted hereby shall rcmam Eully effectrve as d�i�ocrrle�raUon hac! �' ` a;rurred Hs�wrver this nght tu resnstate shall nut apply m the cH�e��f accelerati�n under p�ragrn�hti I��r ti 7 �