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I � RE•RECORQED r 89� 106Q4'7 8g�"' 143059 ' IP Lender required m�riga�e insuranc� as �conditia� aE makin� the los�seeuced by thi9 Security lnstrummt� Borrawer shdl pay the premiams required to maint�in the insurancr in efFcet undl such time As the rec�uiremtnt far the insurance termin�tes in aczardAnce Mitb Harro�rec'a�nd Lender'�written�reement ar applicabte law. A. L�s�tlo�, Lende�or its aaent may make reiwnable n�tries upon and inspections aP the Praperty. l.e�ider shnll give Borrawer notice at the tim�oior prior ta an irupectian specifyina reasanable cause far the inspection. 9. CoMie�aallo�. The proceeds of sny�ws�d or claim for damstes.di�ect or consequential.in connection with . � any condemnation or other t�kina oE any part oP the Praporty, or for conveyance in lieu of condemnation.are hereby �i�ed and�hall be paid to L'ndtr. In the event of A totxl t�king of the Property, the proceeds shall be epplied to the aums sa;ured by this Security Inatrumtat.whether or not thrn due,with any excr�.t paid to Borrower. In the event of�partisl taking of the Property. unless Borrower and I.ender athecwise ag:a in writin�,the sums secured by this Security Inatrument shall be reduced by the amount os the proceeds multiplied by the folloainE f'raction:(al the wtal amount oi the sums secured immediately befon the t�lcina,divided by(b)the Pair market value af'the Property immediately before the trJcing.Any balance shall be ! paid to Bor�ower. If the Property is abandoned by Borrower.or if.aiter notice by Lender to Borrowcr that the condemnor offors to • makE an a��ard or settle a slnim fo�dam+�gts.Pc�rrower failx to respond to Lender within 30 days aRer the date the naticc is , given,Lrnder is Authorized to coilect and appl�the proceeds,at its option,either ta restoration or repair af the Property ar � to the sums secured by this Security Instrument,whether or not then dua. Unless Lender and Borrowcr Qtherwiae agree in writing.any applic.stion of procecds to principal shall not extend or � postpone the d�e date of the monthly payments referred to in parngraphs 1 and 2 or ct�xege the amount of'such pay ments. ; 10. Borrower Not Rekased; Forbear�see By Leader Not a Waicu. Extension of the time for pa�rment or . modifics�tion af amortiration of the sums secured by this Security Instec�aaent granted by Lender to any successor in � interest of Borrower shRq not operate to release the liability of the origina�Il H.�srower or Borrower's successors in interest. � I,ender shsU not be required to commence pra�eedings agaiast any suECassor in interest or refuse to extend time far � paymeal or atherwise modify amvrtization of the sums socure�hy this Seccuity Instrummt by reason of any demand made ' by ihr oriai':ea!Bonower or Banouez's s::cc�scts�n interest.Aoy forb�rsssc:.by Len�e:in eaercising any right or remtdy � shall nat be a waiver of vr preclude tlu eaercise of any right or remedy. � ' 11. SucceNOr�a�l A.tielas 8oaed:Joi�t and Se�eral LiaeUity;Casipers. The wvenants and agroements of .; this SecwiGy instrument shsll bin�an�lxneflt the successors and assigns of Lender and Banower,subject to the ptovisions � �- of pamgragh 17.Borrowu's covcuu►ts and agtamtnts shal)bt joint and several.Any Berrower who co-signs this�Security � ,' Instrument but does not eaecute tHe Note:(a)is co-signing this Security Instrument only to mortgage,grant and convey . `_ �_ ..____ a c�... � �. i. a t�urc wl v�hliaat�vi tn.tut i[!�L��1'�s tnier�i in inc nvpc�ji iiLuE'j'uic'ac"a'iitb a'1�2�:w v...d:it� Av!!L•S:::i2..� �1..I:Q.r.�_L`it._.�� .. ..v----- .-� _ ehe snms secured by this Security Instrument;and(c)agrees that Lender and any other Borrower may agnx to extend, _ modify,forbear or make any accommodations with regard to the terms of this Srcurity Instrument or the Note+without �. thst Bor�Rer's consent. lE. Loan Ch�rges. If the loan secured by this Security Instcument is subject to a law which sets macimum loan . , charges, artd that law is flr.ally interprtted so that the interest or other loan chnrges collected or to be collected in _ conncction with the loan eaceed the permitted limits. then: (a)any such loan charge shall be reduced by the amount neassary to reduce the charge ta the permitted timit;and(b)any sums already collecttd from Borrower which exceedod permitted limits will be refunded to Borrower.Lender may choose to make this refund by reducing ihe princepal owed under the Note or by making a direct payment to Borrower.If�refund reduas principai,the reduction will be treated as a partial prepayment wiEhout any prepayment charge under the Note. � � 13. Legislatios AlfeeNeg Lender's Rig6ts. if enactment or eapiration of applicable Iaws has the effect of �_ rendering any provision of the Note or this Security Instrument unenforceable according to its terms,tender,at its option, may requise immediate payment in full of all sums socure:d by this Security Instrument and may invoke any remodies permitted by paragraph 19.If Lender exercises this optian,Lender shall take the steps s�ecified in the second paragtaph of � paragaph l7. 14. Noticd. Any notice to Borrower provided for in this Security Instrument shall be given by delivering it or by ':"� � mailing it by 6rst class mail unless applicable law requires use of another method. The notice shall be directed to the � Property Address or any other address Borrower designates by notice to Lender. Any notice to Lender shall be given by : �• first class mail to Lender's address stated herein or any other address Lender designates by notice to Borrower.Any notice provided for in this Security Instrument shall be damcd to have been given to Borrower or I.ender when given as provided in this paragraph. 15. Go�etai�I.sw;Sereeability. This Security Instrument shall be governed by federa!law and tho law of the jurisdiction in which the Property is located. ln the event that any provision or clause oP this Security Instrument�or the � Note sonilicts vrith sgplicable la�v,such conflict shall not affect ather provisions of thls Security Instrument or�the Note which can be given eSect without the conflicting provision.�To this end the provisions of this Security Instrument and the Note are declared to be scverable. � 16. Borrower's Copy. Borrower shall be given one conformed copy�of the Note and of this Security Instrument. 17. Transter ot the Property or a Beneflcial Interest in Barrower. lf a11 or any part of thc Prope�ty or any interest in it is sold or transferre�t(or if a bcneficial interest in Borrowtr is sold or transferred and Borrower is no1 a aaturaf person)withaut Lender's prior written consent,Lender ma�.at its option,require immeciiate payment in full af all sums socured by this Sec�arity instrument. However,this option shall not be eaercised by L.ender if exercise is prohibited by ,--- ._ _ foderal law as of the date of this Security lnstrument. ' If Lender exercises this option,Lender shall give Horrower notice nf acceleration.The notice shall provide a period af not less than 30 days fvom the date the notice is delivered or mailed within which Bosrower must pay all sums securcd by this Seeurity lnstrument.if Borrawer fails to pay these sums prior to thc expiration of this period,Lender may�n�oke any remedirs permitted by th�s 5ecurity lnstrument without farther notice or demand on Borrowcr. !8. F3orroxer's Itight to Reiestate. [f Borrower meets certain c�nditions. Borrowcr sha11 havc the rigfnt to hati� � � enfurcem�nt��f tties 5ecurity instrumene discontinued at any time prior tu the earlier of:(a)5 dayti(or tiuch c�ther period as �ppltcablc law may speeify ior reinstatement)before salc of the Property pursuent to any power��f.ale am�amod in tfiis Securiry tnstrument; ot�)tniry nf a�udgment enfurcmg this 5e�;urity Instrument. 7'hose cond�t�om arc that Hnrrnwcr ' (a) pays Lender all snr¢+is whtrh then would F+e due under this Security lnstrument and the tivte had n�� f�cccicrati��n . � nccurred, (b! cute�. arr� defuult vf any uther covenants nr agreements; (c1 pays all expen�e� mcarred wn cnf�+rcmy, th�� Eit:�unt} On;trumenF. �rt:.}ud�ng, but ncst limitcd :o, rc�a4nnsbte attt�tneys' tc�s: :itt(��C!) 18F:Cti tiUill �lClll�ll a� 1 cndcr +n��y . ' T rca.�ar.Fhfy rc.�wrc t�i aS�ure lhat thc lien nf th�s Securety Ins�rument, i.endcr'w nght�in thc Pru�+rity <+n�i F3�ar,�ur.r'. �. a c,hligannn tv p:�y thr �urnr ~ccured by this ticrurily Instrurnenl shall runt�nuc i.,�uh:,agc�1 l F��n rcu�ti�irtcmint h� iia�rr�,wrr. th�s Securtt} Inytrumcnt and thc��hligatwr��rcur��i herchy tihUll rrrna�i�full�•rfTc.n�r.,��! m�a��cici.i�t�,n ti.ut �x�utrrd H��wc►cr.tluvt�E;htt�ireni�tntetilsailncritipylyin�htr�r.c��fn�:••Icre�v�nun�lcrper,it:.r.��,h+ t �„tl' . �