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-� _.__. . _ � � $��i �t��Q 1 If I.ender required mort��e insarana�s a candition of making the loan socurrc3 !by this Secwity lnstniment, r Barrower shsp p�y the premiums required to maintain the insutance in eR'ect undl such timo as the requiretnent for the in�urance t�rmin�tes in accordance with Bonower'�and Lender'a written sgreement or applicable l�w. S. Ins�ectioa. Lender or its agent may mske re�sonable entries upoa and inspectiuns ai thr Property.Lender shall�ive Borrower notice�t the time oFor prior to�n inspection specifying reasonable cause for the Ins�action. � g. Co�dsa�utiai. The praceals of any s�ard or cl�im for dsra�ges.direct or conseguential�.�n co�a�res�an with any condemnation or other ukins of any pan of ihe Propeny� or for convey�nce in lieu of condemnstion,�e berehy • as�isned and shall be psid to�.ender. � � In the event af s total taking of the PropeAy�the proceeds sbal!be applied to the swaa securaf by this Security i lnstrument,+vhether or not tbrn due.w�ith any excas paid to Borrower.ln the event of a putial uking of tht Pro�erty, � ynkss Borrower and Lender otherwise a�ra in aritin�,the sums secured by this Security Instrumet�t st�all be reclur.ed by ; the amount of the procads multiptied by the followin�faction: (a)the total�mount of the sums secured imn�iately btfpre the takin�,divided by{b)the fair muket valuo of tht Property immediatGly before the taking.Any baltaa s&�all be pdd to Horrower. If the Praperty is abandoned by Borrowtr,or if.after notice by Lender to Barrower that the aea�demnor a�}t'ers to make an swud or settle a claim for datnsges,Borro�ver fails to respond to Lender within 30 days aite�¢he date the no�ice is .� aiven,Leader is authorizod to collect and apply the proceeds�at its option,either to restoretion or repair of ihe Pra�rty or i ' ta the swns secured by this Security Instrument,whether or not then due. � Unless Lender and Horrower otheraise sgra in writing.any spplication of�roceeds to principalsh�ll not extend or � postpone the due date of the monthly paymmts referred to in paragraphs 1 and 2 or change the amount af auch paymenu. 10. Borrowee Not Relau�d; Forbearance By Lea�e� Not s Wai�er. Extension of tho tunt for payn�ent or modi8cation of amortiution of the sums socured by this Security Instrument grantod by Lender ta any success�nr in � interest of Bomower shall not operate to rdease the liability of the original Bonower or Borrower's succrssors in�mterest.. � Lender shaU not be required to commence proceedings agsinst ar�y successor in interat or refuse to extend�ime for ; psymeat or othenvise modify amortiurion of the sums secured by this Security Instrumbnt by rea�on af any derau�d made by t�o original BorroMer os Horro�ver's successors in interest.Any forbarance by Lender in exercising.my right or retnedy shall not be a waiver of or preclude the exerciae of�ny risht or remedy. 1�. gyceeaon aad Aai�nt Horu�Joiat�ad Se�eral I.iability;Co-ti�aers. The covrnantS auid aEraments of � , this Security Insttument sball bind and btneflt the succeuors and usigns of Lender and Borrower,subject to the provisions ; , , of puagraph 17.Boaower's covenants aad agraments shall be joint and aeveral.Any Borrower who co-signs this Security iInswmtnt but does not eaecuts the Note:(a)is co-signing this Security Instnuneat only to mortgage.grant and canvey . , . that Borrower's anterest in the Property under the terms of ttus Sxurity Instrumtnt;(b)is not personally obiigate�€to pay � the sumt secured by this�ecurity �nstrument:anci fc')sgrees that iender anu ai;y uii e,nGiiri��i�Sy.g.r::.:.:.�c..:.; ;-:y;; modify.forbear or mske any accommodations with regud to the terms of this Security Instrument or the Note w*itlhout �:-�' i that Borrower's consent. , 12. Lo�n Char�es. If the loan secured by this Security Instrument is subjeet to s law which sets maximum tosn , • � chuges. and thst law is flnally interpreted so that the interest or other loan chsrges wllected or to be collacted in connxtion �vith the loan ea�ceed the permitted limits, then: (s) any such loan chuge shall be reduced by the amaunt necess�ry to reduce the cbarge to the permitted limit;and(b)any sums already collected from Borrower which excaded permitted l�mits will be rtfunded to Horroaer. Lender may choose to make this refund by ralucing the principal owed �-- under the Note or by msking�direct payment to Borrower.If a refund reduces principal,the reduction will be treated as a E_ ��13��t without any prepayment chuge under the Note. i.e�ylstioa Alrecd� Leader's Ri�hb. If enactment or expiration of applicable laws has the e�ect of � rendering any provision of the Note or this Security Instrnment nnenforceable according to its terms,Lender,at its vption, y may require immediste payment in full of all sums secured by this Security Instrument snd may invoke any remodies permitted by paragnph 19.If Lender exercises this option,I.onder shall talce the steps specified in the second paragraph of �. -; ParaBnPh 1'f. � 14. Notied. Any notice to Horrower provided for in this Security Instrument shall be given by delivering it or by _ . � mailins it by_first class mait unless applicable law requires ase of another method. The notice sha1D be d'uected ta the ;� ` Property Addtess or any other address Borrower designates by notia to Lender.Any notice to Lender shall be given by . +�:�`: � fitst class mail to Lender's address stated herein or any other address Lender designates by notice to Borrower.Any notice� � � prorided'for in this Socwity Instrnment shall be damed to bave been given to Rorrower or Lender when given as provided � in tLis p�ragraph. .. .- iS. C.�en�a�I.sw;Se�erability. This Security Instrument shall be governed by federal law and thc law of the Ijurisdiction in which the Property is located. ln the event that any provision or clause of this Security lnstrument or the � Note conflicts aith applicable law,such conflict shall not affect other provisions of this Security lnstrument or the Note � which csn be given effect without the c�nflicting provision.To th'ss end the provisians vf this Se�urity lastrusnent and the . , i :. Note ure declared to be severable. � 16. Horrower's Copy. Borroaer shall be given one conformed copy of the Note and of this Security lnstrument. i�. Traader ot the Pmperty or a Be»eflcial Ieterest in Borrower. If al1 or any pan of the Property or any interest in it is sold or transferred(or i:'a beneficial interest in Banower is sold or transferred and Borrower is not a natural � . person)without Lender's prior written consent,Lcnder may,at its option,require immediete payment in full of all sums : socured by this Security Instrament. However, this option shall not be exerc�sed by Lender iP eaercise is prohibited by federal law as oFthe date of this Security Instrument. If Lender exercises this option,I,ender shall give Bonower notice of acceleration.The not�ce shall provide a period ;____ __ of not less than 30 days from the date the notia is delivered or mailed within which Borrower must Pay alt�ums secured by . this Security Instrument.If Sorrower 4'ails to pay these sums prior to the expiration of'this period,Lender may invoke any . remedies permitted by this Secnrity Instrument without further notice or demand on Borrower. ! 1�.Horrower'a Ri�ht to Reinstate. If Borrower mats certain conditions, Borrower shall have the right to have � enforcement of this Sscurity Instrument discontinued at any time prior to the earlitr of:(a)S days(or such other period as ' applicable taw may specify for reinstatement)before sale oP the Property pursuant to any�wer of sale contained in this ,-�t ` 5ecurity lnstrument;br(b)entry of a judgment enforcing this Security Instrument. Those condinons are that Bonower: �,,,� (a)psys Lender all sums whieh then would be due under this Security Instrument and the Note had na acceleration occurred; (b) �ura any default of any other covenants ot agreements; (c) pays all expenses incurred m enfarcmg this ` Security Instrument.including, but not limited to. reasonable attorntys' fees: and (d)takes such act�on as Lendrr may e+ csssonabty require to assure that the lien af this Security lnstrument. Lender's nghts �n thc !'ropeny and Horrower's � � obli��tian ta pay the sums securtd by this Security Instrument shall cant�nue unchanged l!�►nn reinstatement by ,, Borrawer.this Secunty Instrumcnt and the obligations secured hereby shall remain fully effectwe a�if nc�accelcrnuon had 3:, � accurrtd.However,this nght to reinstace shall not apply m the case of accel�renan under parngrc,phs 1��r I� �