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- � � . � a9-�' 10621 � r� 1P Lender sequjra! monj�je insunnce u�condltion oP makina the loan�ecured by this Security ln�ttument. i . Horra�ver ih�ll p�y tbee preminms raquired to m�intain the in�urance in etfect until�uch tim�a ihs requinmmt for the � imurance terminata in accurdance with Hon�owcr's and Lender'�rvrittcn ajrament or applicabie la�. t. i�ctio�. Lender or its a�ent m�y make rawon�ble entrla upon and inspectlons of the Prope�ty. Lender �tull dre Horaa«�er n�vtia�t the time oPor pc�Qr to�n inspection apeci�►inj reuonable cawe foc the irupection. 9. C�ieas�Rio�. The proceaf�a�any��vard or cl�im for d�maja�diract ar can�qutntial�in conaoction with �ny oaddema�tion or other ukinr oi�ny part of thc Property, or for conveyance in lieu af condemnation.ue hereby a�ned u�d thall be paid to La�der. IA t1u event d'�totat ukin j of tbe Property. tl�e pra�eed�ah�ll be appliai to the sunu secura!by thls Seourlty I�atruauae,w+hether or not tAea due,�vitn any eacai psid to BorroNer.In the event of a p�crisl takinj of the Property. twl�Horro�ver and Lande�otl�erMl�e aaree ia�►rlti�y.tLe�um��ecured by thi�Security I�t shaU be reduoed by tLe amouAt of the praoeed�multlpHed by tse folb�vin�trsction:(�)the total amount of the wms secured imn�ediauly betae t6e tatiia�.divlded by(b)the fidr muket v�1ue of the Property immedi�tely before the tticin�.Any b�lt�nce shaU be paid to BonoMer. � If tLe Property is abandonad by Borro�er�or if.�tter notice by Lender to Borrower that the ooademror otfere to m�ice m a�vaM arsettk s claim for dams�.Borro�rer fails to rwpond to Lender aithin 30 diya aftet the date tha notioe is �ivea,LRnder is autlwrized to colkct and�pply the proceeds,at ita option�either to rator�tion or repdr of the P�operty or to the�aat�ecur�ed by th�Seowity Iastrument.Mhether e�r not tlua due. Ql�L�der u�d Borro�rer otha�►iu a�nee in�rit�Aa.any appUcstion of�oceeds to principai shdl not extand or . . po�tpaane the due date of the m�ia�JY P�Ymeats rd'erred tv�an P�+t�Phs l and 2 c�cbanae the aa�ount of auch psyments. ,:; I0. Hotrow�r No! Reler�d; Forliesz�ace Hy I.e�der No1�H�at�. Eatension of the time for payment or � � ; modi6cation of amoaeiutian of the sum��+ured by thia Securlty Instrument granted by Ixnder to any successor in;., , , inta+at of Bomo�ve�s�sll not opetate to r�eteir9r the liability of the original Borrowtr ot Horrower•s succasso�in interat., . � ' � Lhtder sh�ll not be t+equirad to c�mmencr procxedin�s s�tinst any sueeasor ir+ir�terest or refuse to eactend time for � �. � � � ; payma�t or othenvix tnodify aasartiz�don of the sums tecured by this 5xurlty Inam�mtnt by rauan of any demand made � . � bytbeod�l Horcaver or Borroxer's suooen�ots in interat.Any fotba�rance by Lender in eaercising any riaht or rer+aedy , �2W1 not 6e a�aierar of or praoi�de the exerci�e of aay d jbt or remedy. 11. St�n�o�u�A�pr Hatrdt Joist a�d Ss�etil Latiilit�Oa�ipuri. '1'he wvenanu and a�r�emenu of .- t1w Securlty Is�trumeat shW bind snd berxllt the�ucceaon�nd auipu of Lender and Borrower.subject to the provis�ons ; of pan�aph 1�.Borrower'�ooveau►u and a jreaueaU�hall be jolnt and uvenl.My Borrower who co-si�ns this Security � LutruaKnt but das not ea�eaute tlue Note:(a)i�co-�ipdn�tbi�Security In:trument only to mort�a�e,pxnt trid convey � • t�u Horro�►er'�intereu in the Property under the teret�of tbis Security Instnimmt;(b)is aa peaontlly obUpted to psy � -- the�ums�ecurad by this Security Iastrument;and(c)��raa that I.ender u�d any other Horro�va m�►y ap+ee to eata�d, '- en0airy.foebitt ot tWice 1u►y aoWrnufodstian��vitb reprd W the terer»of'tHii Security Instrumeat or tl�e Note aitAout � thtt BOrnoNer't Confeet. 12. Lo�C1�rp�. If the lo�ri secured by this Secwity Initrument is wbjeCt to s lsw w�hich seu etu�cimum loan clur�a. �nd that ls� u Ans11y Iaterpx+eted �o thu the inurat or other lo�n char�a coUected or to be collected in connection�ritb the lo�ea�ceed the permitted llmiu� then, (a)any wch lan ehu�e shall be reduoed by the smount eeoeMary to reduoe thr charje to the pa�mitted limit;as�d(b)sny wm�arady oollxted from Borrower w►hich eaceeded permitted limits w+iU be e+eti�nded to Borro�ver. Lender eaay cboae to mafce thi�reflutd by teducin�the pttncipal owed undez ttu Note or by makinj a dirxt pyment to Borrower.If a ret�ad reduca principsl.the reductiori wrill be treated u a partial prepaymeat witbout any prep�y�neat char=e nnder the Nota. 13. Iw�lsdtlo� Afbetl� Iw�i�r'i Ri�b. If enactma�t or explration of applicabk laas has the e}fect of rendertn�any provlsion of the Note or this Security Irutrummt unenforceable accordin�to iu terma.Lender�st its option. = may require immediate payaua�t in fu11 of�11 sums secured by tha Security Instrnment and msy invoke aay remedies . _ pa�mitted by parspaDh 19.If I.ender exercisa tbis option�Lender shall take the steps apecified in the Kcond paragraph of = parajnpb 17. �!"' 14. NotkN. Any nodce to BorroMer pnovided for in thi�Security Instrument ahsll be�ivea by delivering it or by � m�ilin�it by }!nt claa mail unleu applicabk 1sM requira we of tnother method. The notipe ahsll be directed to the ��, PropeRy Addras or uiy other addras Borrower daip�sta by notice to Lender.Any notia to Lender shall be given by � �� llnt clw mail to Lender's�ddras suted ber�ein or any other addra�Lender daianatea by notice to Borrower.Any notict provided�'or in thi�Security Instr�ent shall be damed to have been�iven to Borrower or Lender when�iven u provided in thi�parynpb. 13. G��rais�Lw;Se�erabllity. This Secwity Instrumeat shvl be�overned by federd law aad the l�w of the juri�dietioa in Mhich the Property is lxated.ln the evei►t that any provision or clsuse of this Security Instrument or the NMe cAnlficts with applicable law.aucb con!lict�hall not aa'xt other provisions of this Security lnstrument or the Note rvhi�b cat�be pvea e�xt without the cansict�n�provision.To this end the provisions of this Security Instrument and the Note ue dectared to be severabls. � 16. BorrowK'�Coly. BorroMer shall be pven one coaformed copy of the Note snd of this Sesurity Instrument. 11. Trt�du ot the Peo�ty o�s He�eAetal Iat�rat te Borrower. If dl or any part of the Property or any interqt in it is sold or tnnsfarred(or if s beneficial interat in Borrower ia sold or transferred snd Borrower is not a natual pet�on)�rithout Lender's ptior arritten con�ent�Lender may,at its option,require immediate psyment in full of s11 sums secured by this Sxurity Instrnment. However.this option shall not be exerciaed by Lender if exerciae is prohibited by federai la�as of the date of this Security Instrument. If Lender exacises thi:option�Lender�hsil pve Hotrower notice of accderation.The notice shall provide a period ' - -- -� ofnot leu than 30 days from tbe date the notice is delivered or m�iled aithin whicA Honower maist p�y all sums secured by � th�s Security Imt�ment.If Horro+ver hib to pay these sums prior to t&e expintion of this paio�l,Lender may invoke at�gr ranedia permittad by this Seourity In�trument without further norice or demand on Borrower. ' 1�.Boreow�'�Ai�Yt to Rbs�tttte. If Sorro�rer eneets certain conditiens,Borrower shall have the right to have � rntorcement of this 5ecurity Enscrument discontlnued at�y time prior to the arlibr of:(�)5 diys(or such ather period u � • applicabk law nuy specify for rsinsutement)bcfore saie of she Property pursuant to�ls�y pawcr of aale contained in this Y Security Instrumrnt;or(b)entry of a judjtecezu enforcia�this Security lnstrument.Those cor.�iitions are th�t Borrower: L (�)p�ys Lender a31 sums which then wou4d be due under this Security lnstrument and thc Note had no acctleration occurred; (b)cures any default of any other covenants or �raments; (c) pays all ezpensa incurred in enforcing this '�� Seeurity Instrument�includin�.but nat limited to, rasor,able attomeys' fees; and(d)ta�Ces such �ction ss I.ender msy tasonably roquire to aswte that the lien of this Security ]nstrument, Lender's rights in the Prnperty and Borrower's obliption Ro pay the sums secuted by this Security Insttument shall continue unch�nged. Upon reinsut�mer�t by � � 9orrower.th�s Srcurity Instrument�nd the obligetions secured hereby shall remain fuUy effective ns if no acceleratian had occurred.However,this ri�ht to reinsute shall not apply�n thr case of accelersuon under paragr�phs 13 or 17. �