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<br /> �. � ' �� . II l�ndlr nqulnd morly�p�insunncY NM M GOII(J�1IOfl OI(IiSRIflp ThR IOiifl'JRCUfCd I1�1 IM Rec.urlly 1n�irument.Borrower�haN pe�y Ihe ' �''�+ -- _-,--
<br /> ' .. . ,:.�W ,m,,h prwdums nquk�d to m�InWn ths Inlur�na k1 aflect un1i1 wch Ilrn��s Ih�raqukemmt Iw th�Insurance terrnln�te�In �ccadanr� with �, _
<br /> ,..�"� ., BoRawrrY and L�ndr's wdtt�n �prNn�r►1 a�ppNcabt�law. - ,_._._
<br /> .. 8,Irnp�RilOtf. L�nder or qs�qent rn�y m�ke mson�bl��ntrkf upon�nd Inspeclions of the PropeAy. 4ende��hal pNe Borrowar � ? + �''
<br /> ':,:.�;•. _ . - rs. .k�f����`,';:
<br /> • notla�t ihs tpn�01 or p�ior to �n Insp�ction sp�tyinp rw�on�bl�oause la Iha In�peellon. ` ;'� .'';',;��+�',_
<br /> .• •eL'�..A
<br /> ,. '��^�;� . 8.Cond�m�Nlon. Th�procMds ol any�wud or ct�im fa d�maqes, dkect or consequentlul, in connecibn with�ny tondemn�• k . ..,,..,._:?_�'��+;�r=
<br /> " tion a oth�►t�M�np o1�ny p�A M th�PrapeAy.a fa eonvyana In Wiw ol condwmatlan. aro heraby sesipned �nd sMU b� WId Io
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<br /> . . � ,.:T�..�se?�.lr'¢a��_e.�.mz.�-.
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<br /> � In Ihe avent o1�tot�l UkM4 0l ihe Proparty. Ihe praaetds ahdl b�Applied to iha suma secured by thle Securlly In�trumenL whelher ,�����,F
<br /> � ' • ��� ��' or not tha► due,wflh�ny acess pald to 9orrower. In the evenl ol a psAlal laking ol Ihe PropeAy,unless 8ortownr and Lendcr othe�wfse ��� •�: . . •.
<br /> --- ' � �p►w In wrftinp, ths sume sacured by ihi�3ecurity Inetrument ahsll be reduced by Ihe amounl oi lhe procends mullipYed by Ihe lollowing
<br /> Inctlon: (�) ths totd wnou+d o1 sums aecured Immedl�lely befora tho t�kMp,dhlded by (b)Ihe Iair market velue ot Ihe PropeAy hnrnediatery ,
<br /> belae ttk qkinQ. Amr b�ian�Q sl+all be pald to Borrowe�. �
<br /> � ' � ' � M 1AR prpph�y b pb�ndoned py Bortowcr, a�f, After notice by Lender to Bottowor Ihet ihe condemnor aHers to meke en award or 1
<br /> �ttle p q�nn for d�meqes, 8orrowK lu'is to nspoed to Lender wllhin 3U daya afler the date ihe notice is qiven.lender is authori2ed to �
<br /> . �": eWNct�nd appN th�proceeds. at Ns aption. Nther to rostomWn ov r4pak ot the Properly or to the wms aecurad� br tAis Securily � ,
<br /> . •�t,_ ;_.
<br /> ��•_ .
<br /> ' , �:�i,t�<<;-.,•��• Nsirumanl,whelh�r or not then duo. .
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<br /> 3,, Untea�Lsnder and Bortoww olheiwise aqree in wriUny, any�pplication o1 proceeds to pdncfpal shaY aot extend or postpone thQ due
<br /> �+''4' `:`��`+ft�'" ' . ..
<br /> ; ' :.�'�'�s;.' daU of ths monthly paYmw�ta relerted ta In paragraph 1 and 2 a change 1he amouM oi euch paymenis. ; . .
<br /> •, i;!s..<r 10. 8orrow4r Not Relaaaed; +Farobearance By Londer Not a Waivor. Extension o1 ihe time fa payme�or mod�N-
<br /> �, , ���:�,�i`� � eation o1 a�mortiutbn ot the auma aecured by ihia Security Msinimem grenled by Lender to any successa in inlerest uf DomaW�z shall '
<br /> •� . not oper�te to rete�ae 1hQ Aabilily of Ihe original Bortower or Bonower's sucsesson in Inlerest. lender shail not be►equfreq t:c��mmencn , �
<br /> • • proceedhgs agalnet 9nv successor in Interest or�e9use to extend Ilme lor paymenl ar olherwise modity amortaA".en ot lhe surns secured � .�.
<br /> .:�; ;'�, „ . by Ihla 3ecu�ity Inetrument by reason oi any demand made by the o�iginal 8ortower or BoROwer's successors ir�ntere�l. My lort�earanco 4 � ';.ik��<<.:;--
<br /> . ' by Lender in exe►clsing any right or remedy shall not be a waiver ot or preclude ihe exercise ol any �iyht or remcdy. � ;;�+fl`':s;�:
<br /> • '' ��� 11. Suceossor� and Assigv�s 9ound; Joint and Sev�eral Liability; Casigners. The eovenanls and agreernenls ol � '
<br /> ' j•,�;• � , . !
<br /> •!�"���l�t � ihi�Seeurity Metrument ahell binA and beneGt ihe succeasors and assigns of Lender a�d Bonower. subJect to Ihe prorisions ol pareqreph �
<br /> •�y:� .
<br /> ' ,�,;!'� � 17, Bortower'a oovenenls and agBements ahell be JoMt and sevc�al. My Borrower who co•signa this Saurily Inslrument bul daes not ' _
<br /> �t-�,.�,;t',,;='?�±'.•:%� execute Ihe NolQ: (a)is co�slgning thls 3eeudry Instremenl onry lo moAgege, grnnt, and convey tnat Bonower's interesl n the PropeAy `
<br /> � ",t„���j�''�g f� ' 't�t. unda the terma al this Security Inatrumenl;(b)la nat personally obUgated to pay the sums secured by Ihis Security Inatrumenl; and(c)
<br /> t• �� �C':.,
<br /> � _ '�1 ��roes ihU Lender and any other 8ortower may agree to extand, modiiy, lorbear or moke any eccommodalions wNh regerd to!erms ol �.,� ;�. ��'••,. ��
<br /> �: ,.ti .
<br /> ' Ihl�Seadty Instrument or the Note without that Bortower's consent. �;�. �������.�.
<br /> � � . 12. Loan Charges. 11 Ihe loan secured bry ihis Security Instrument is sub�ect to a law whieh sets maxNnum loan cha�ges. and '��!'.•'• ,.,.�.,ti,p,��;:
<br /> .� � . . '�• ��`t.'i��.
<br /> • � Ihat 41w Is finally interpteled ao that ihe Interest or other loan chargea cdlected or to be coUected in connecllon with 1ho loan eKeeed ihe ' � .,�; t•,:
<br /> �� ;,;�;�.: .� peimitted limRe,then; (a)any such laan cherges shan b•�reduced by Ihe amouM necessary to reduce the charge to Ihe permitled�imft: •,�'i �•. .' ' '�
<br /> ,. •
<br /> � and (b)�ny auma already collected Irom Borrower which oxceeded permitted Ilmits wf��be relunded to 8ortower. Lender mey choose lo •'�'•t:
<br /> �4:-„,� ,
<br /> make thla refund by reduGny the princlpel owed under the Note or by makiny a direct paymant to Bonower. II a refund reduces prine�pal.
<br /> � % t� iha reduelion will be ireated as a poAlal prepayment w�thout eny prepayment charge u�dor the Note.
<br /> ``•' ' . 13. Legislation 046fecting Lender's Rtghts. tf e�aclment or explration ol applicable law has Ihe eNeel ot rendeiing any
<br /> .�,� . ,
<br /> �,�"iGy provlafon of ihe Note or ihis Securiry Inslrumenl unenlorceable according lo its terms. Lender,at Ils option, may require immedlale payment
<br /> .�,�' J` h 19. N LaedQr exerdses Ihfs
<br /> •; • " in IWI oi a!1 suma eecured by ihis Securfty Instrument and may Invoke any remedies permitted by paragrap
<br /> .7 � . optlon, Lender ahap take Ihe steps apec�6ed(n the second paragraph o+paragraph t7. ���
<br /> ,� � . 14. Notices. My notlee l0 8�rtower provided lar in ihis Securiry Inslrument shall be gne� by delivering N or by meiling it by firsl �'� ,
<br /> ''� �� > �+, elaas m�A unlesa appllcabte{aw requires use o1 ar.�ther meffiod.7he notice shalt be directed to Ihe PropeAy kddress or any olhEr address ; :'�'•
<br /> �;c, ' _
<br /> • J�3, .�
<br /> r`• .,,�;:',,• . Bortower deslqnatea by noqce to Lendec My notice to Lender shell be glven by iirst class mail to lender's acldress stoted herei�or any ' . ;-..
<br /> � " +'�'�';;�f'.''.� othn addreae Lender designates by�oUce to Bortower. My notice provlded lor In Ihis Security Instrument shaA be deemed to have been
<br /> �.,1 i.'J.•... . t( :,''
<br /> ���,i.�j,h,;,.�::.: j Qiven to Borrower or Lender when piven as provided In 1hls paragraph.
<br /> • . �� �•i`:,.:f�� i.,�,, ..
<br /> � y , ti,a�+:.�y,.y ' . 15.GOVO�11{11g O_AW; SeverabiNfy. 7h�s £eeurily Instrument shall be governed by 1eCera'�aw and lhn law ot 1he�u�isdicllon In �;
<br /> ;�,.F t' '�i'�`�i14'S�.'" wNch the PropeAy is localed. In the ovent that any provislon or clause of thfs Secury�y �nstrumenl or ihe Nofe conMcts wdh applicable
<br /> , �;,;:' . .�.� law. auch con0lct ahal) nol allect olher provlslons ol this Securily I�slrument or Ihe Note which can be glven eflect wilhaut the conAtcllnq
<br /> , 4 ; ''. ;,,':(t�,��, � provlyfan. To thla end the provlslons o11hls Security Insln�meM and the Note are declared to be severable. �� ,� ••
<br /> . ' i .
<br /> �. ",4�`i.:���` 16.8�rower's Copy. Bcrrower shall be given one cont:rmed copy ol Iho Nole and v1 this Securfty Inslrument. '} �
<br /> � •• 17.Ynnsfor of tho Properly or a deneficial Interest in Borrower. i�au c-any paN ot Ihe Property or any interest in
<br /> .���, It la sold or tranalerred (a II a beneGclel Inlerest In Borrower Is sotd or Iranslerred and Borrower Is nW a natural person)withaut Lender's
<br /> � �� � prlor writlen conaent. Lertder may, at ps optlon, require immediate payment In lull ol all sums secured by this Secu�ty Instrum�nl. •
<br /> However. Ihls opllon ahaA not be Exertlsed by Lender il exercise Is prohib�ted by lederal law as ct the date ot Ihis 5ecurity Instrumenl. ;•,
<br /> N lender exerdsea thls opt�. i2n�er shaN glve Bortower nolice ot acceterallon. The not�tp s�aJ provide a penod ot not kss Ihan 90 ,
<br /> . d�ys iram the date the noliee Is Ca+vP*.e� n'r�e��ed withln whlch the Bottower must pay ail su-•> secured by 1hls Securily Inslrurnenl. 11
<br /> Bortowa/aAs to pa�r '^ESt SumS pr�r l.��e ex���a•_n ol th�s penod. Lmdcr may �moke any remttd�es permrtted by thfs Securily Inslru• ,
<br /> mant wAhout(urther ro!�r or demand on Bortow�r. • '.
<br /> 1�.B�rrower's Filght to RQinstate. II Borrower meets certa�n eond�hon, Berrnwer shall have tne ngnt to na�e entorcement ��
<br /> of tivs Seeurity InslrumeM disconnnued at any Ilme pnor lo Ihe earl�er ol: (a)5 days (or •such other penod a� appliUb�e law may specrt�r
<br /> tor reinslatement) belore sale of tne PropeRy pursuant to any powc:�01 sa�e conteined u� tn�s Secunty Inslrumenl: or tbl �hY ol a
<br /> , judgmenl entorcing thls Security Instrument. Those cond�lions are Ihat Borrowrr: (a) pays Lender all sums wh�ch Ihen wauid be due under
<br /> thls SeCUrity Instrument end the Note had no acceleration occurred: (b)cures any delau4 of any other covenanl or agreemr.nts: (c)pays
<br />.. 'i.....� ....d r.a�oL.e eurh arlinn .
<br /> ' ep ocpanses InCUrted in Cnlorcing thls Secunly Instrumem.mcivang. oui noi imnieti i.i.ide+��.+%�•: BC7:.P°�i� .--..-.-..'•-. '- -' --- -'. .
<br /> � as Lcceider rtwy reasonaWy raquira to a�sure that the I�en ol thls Secunty Instrument. Lender•s ngnts m Ihe Property and 6orrow�r's obl�g
<br /> aWn 1a�ay 3umn se�ura4 by Ilus Scecurity Insfrument sha�l conlmue unchanged.Upon re�ntiiat�xr+n.nt by BorrowM. th�s 5:xur�ry I�i:trumr.nt
<br /> anC the obli�erinns aeeured he�Rby sha1l remain lully eHective a; �I no accel�ri�wm i�•i�i accu�r�•q �iowrvrr. th�s nyhl to re�n:i.+te:h•►i
<br /> � not app�y f�the case of acteleratlon under paragraph 19 or 17
<br /> ,,.�,• i,•� � {� . �� . .
<br /> ,3 ..,Cn�oEfAl ntSrxl±6 .
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