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<br /> '� r r��� !f Lender required mortgage insurance us a condition of mAking the loan secured by �hi� 3ecurily Instrument, '—■�i�
<br /> Borrower sha l l t h e prem iums rc quired to mainlain the inaurance in eflect until such time us the requirement ior Ihe
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<br /> '��,N insurance termioa�es in accordence with Borrower's and Lender's w�lten agreement ar upplwable luw. �• •• --_�,,�:�„�.___.
<br /> � ��;`, ' 8, Iaipeetlon, Lender or�ts Agent mry make rcasonable eMrir+uFwn and inspcctiun�of the Prcperty. Lender ---= -__
<br /> ' � • ` chAll�ive flarrower�otice at the time oPor priar to an inspection spa:if�•ing reasonable cause Par�he inspection. '� __._��
<br /> 9. CandemmNon. Theproceedsot'anyawardorclaimfordumoges.directorconsequeMiul,inconnection wi�h 4•_.--�f�,�� �;
<br /> ����''' any condemnatian or other taking of any part of the Property,or for conveyance in lieu uf coademnution,o�e hereby ��;,,�,� ,��':�;;ii;
<br /> � .�i�° Assi�ned and ahell be peid to Lender. ••.,���'"-'��''.
<br /> �'� In the cvent nf a total iuking of�he Property,the pra:eed�shull i►e applied to the sums xecured bx this Secudty •*•-^��;•-
<br /> -!a; .-,..,•�, .�n..a:�
<br /> ••,•• lnstrument,whether or not then due,with any excess paid to Borrower. In the e�ent of A pArtial taking of Rhe Pco�n�. . ' . ....,,,.;v�;?
<br /> unlas Bortower and Lender ahenvise agree in writing,the sums secured by this Security Ins�roment shall Ix reduced My •-! ,�a9�-� �,.�::?.
<br /> •� the amaunt of the proceeds multiplied by the following f'raccion:fa?the total amount ofi the suens secured im�nedia�eUy '��•; .�`�'••�' �
<br /> , . .:'•`'��,,r�+;'�.,:
<br /> before the taking,divided b�r(b)tlie`air market value of'the Propeny�mmediately bePore Ihe taking•Any balance shall he _ ••�i.:s•,• -
<br /> . • ,... paid t�Rorrower. � . - „
<br /> � ••*: lf the P�openy is aba,a�doned by 8orrower,or iG aiier nouce by Lrnder to Bonower thut thc condemnar olfen to ;'•. ;�,
<br /> '�, � make an awa�d w setile�c9aim Por damages�Borrower fails to�espand to Lender wUhin 30 dpys aftcr the date the not ice is
<br /> givcn.Lendcr ix autharized to collect aed apply the proceeds,at its option,either to restor3tion or repair of the Praperiy or -�;v�-
<br /> � � " to the sums s�t u�ed by this Security Ins�rument.whether or not then due. • �__
<br /> ' � • Unles.s Lender und Borrower otherwise agree in writing,any applicntion of proceeds to pnncipal shall not extend or -�,,.
<br /> p o s t p o n e the due da�r oi'the rnonthly payments refKrred to in par�graphs 1 and:ar changr the amount of such payments. �.. •
<br /> 10. Aonower `ot Released: FarbcA�anc�e �a Lender Nat a WAiver. �xtension oP the time fa>R pagmen�ur ���+
<br /> modification of amortizatian of the Sum� yecwQe�h`• this Security Instrument grnnted by Lender to an;� +ucressor in y�.� �f`-
<br /> ,; interest of�orcower shall not opema��a,relrase the hability of the original Borrower or Burmv►•er's sucee�c�rv in inteast. : ' ' ,tiy�.
<br /> � Lender sha�1 not be required�o co�:�r:rnce proceedings agains� any succes�r in interest u�refuse to extend time for � � ��n+;�':;�
<br /> paymeot or otherwisc rn odify amortia.ation of the sums secured by this Security lnstrument h}•reaxnn oPany demund mode 1:�'�,. , ., .;;,,,._;;;.
<br />' • by the originnl Borrow•er or Eorrower's successors in interest.Any forbearonce by l.ender in exercising an�•riFht or remedy �"• �+,'�r'��'
<br />'.1.• � �i��,Ml_
<br /> shall not be a waiver oPor preclude the eaerciu of'nny right or remedy.
<br /> � l�, Successors snd Assi��Bound;Jaint and 5everal LiabiUty;Casigners. 1'he covenants and ugreements of �
<br /> this Secari�t}Ir�yirument ahall bind and benefit the successors and a��igns of Lender and Borrower,subject to t he pravisioa�s � ,
<br /> , of pa�agrarla 17.&�e'ro�'ar's covenunts and agreement��imll be jaini and sc�crdl.Aoy Sorras:•er tia�tso co-signs this Se+_u!i!;� -
<br /> Instrument but does m,�'i�xecute�he Note:(o)is co-signing this Sea.urity Instruir.ent only to mortgage,grunt und convey
<br /> thut Borrawer's interest in the Propeny under the terms of this Security Instrument;lb)is nol p�:rsonally ob�l�g�s�d t.�pay .' ' •
<br /> • the sums secured by this Security Instrument: and lci ngrees that Lender and any other Qorrower may ag ree t o ex�end. � , , . •
<br /> ,��; ;;i., madify,forbear or make nny accommr�lations with regard to thr a�rms nf this 5ecurity lnstrument ur the Nntt wiahnvt y, f''' �
<br /> � '' that Horrower'sconsent. � '���� �
<br /> ' • ,,:,: ' •
<br /> � 12. Loan Chorges. If the I��nn s�cured by this Security Instrument is gut+�ect to n laa•which scts maximum lor�n �.. • ,
<br /> churges, and tha� luw is flnally interpreted x�that the intcrest nr o�her ���an .fiargec collected or to be collected in .��'',
<br /> � connec�ion with�he loan exceed the permitted limits, then: (u)any su�h loan charge tihall be redured by Ihe amount i
<br /> �••,', , oceessan•to reduce the charge to the pertnitted limit:und(b)unp sums olreud} collec�ed Gom Borrower whx:h eacecdcd .,
<br /> , . , perm�tted limitti will be rePunded to Borrower. Lcnder may chor,e��make thiti rePund My reducing the prinripal uwed
<br /> under the Note or by making a direct payment to f�rrower.If�reiund reduce�pnncipal,thc reduction will be�reated us a .
<br /> � p�ninl prepayment without any prepayment churge under the Note.
<br /> 13. I.ep�ialatlon AReetlng Lender•s Rights. If rnactment or expiraticm of upplicable laws huti Ihe effec� of
<br /> rendering any provision of the ivate i�r this Security Inslrument unenfarceable:►ccording to i�s terms.Lrnder,n�i�sopii��n,
<br /> mav require immediatc paymcnl in full��f�II +um.uxured by thiti Security In+trument and moy invoke any remedies
<br /> ' .<'!`�.•� permitted by p•rragraph 19. If Lender�xercixes this��ption.Lender shall tnke the xteps specifie.i in the u�ond paragraph of ,
<br /> ;. i�::,: pnrugraph 17.
<br /> :�;��' • � 14. Notices. anv nrnicr t�R,�nau•er prrn ided fi�r in thi.Security Instrument shull br given by delivering it or by
<br /> , ' mailing it by first clas, muil un�rs.a appGcable law reyuires utie oi anrnhrc rnethai. The notice shaU be directed tu t he ��.
<br /> ., +: � Property Address ar Am o�ther uddre+s Borrower designa�es b� m�ncr�r�Lend�r Any nutice to Lender sh�ll be given b�� •
<br /> • •� '`"• first class ma�l to Lendrr'S uddre�s�sated herein or any o�her ad�lress L�nd�r d�s�gnat�w by n�nicc to Borrower.Any nota:e .
<br /> . . :i..�..,� � . , .
<br /> � ;�.;;,:.,,. provided fur in this Secarit} Ins'teumrnt shull be deemed ro hav�t+cen given t�Borrower or LendNr��•hen given us pro�i:Jrzi
<br /> . �.,r�i�,,,.� in thiti paragraph. .
<br /> ' 1S. Governiept I.aw;Severability. Thi.Sc.uritc Intitrument+hall be genrrned h� fedrral law and the law of[he
<br /> jurisdiclion in w�h�ch e7:r Prnpeny ix Icxated. In t�t evrnt that am�pro�•i+ion i�r clau.e uf ihi�5ecurity Instr�rr�ent or the
<br /> Note conflicts with applicable I�a•,aunc�onflict�hall not affert other pri����ium uf Ihis 5ecurity�Instrumemt r�s�he�4�1e
<br /> which can t+e gi�en effeci withnat ll.,�:s�nfli�ung provision. To th�.end�he pnnicion+uf thi.5erunty Instrume�t amd ithe
<br /> � Note a�e declared to be srverable.
<br /> 16. Borrower's Copy. Borrower�hall Mc gnen iror�anti,rmrd r���.�af the Natr and af Ihis Sirurit}•In.lnnsne�n;.
<br /> , 17. Traasfcr Wf¢hit Property ar a BeneHciel lnterest in Hormwer. If all ur am� parl uf the Pcoper�� ,�r nm
<br /> mlerest in il i+��Ed vr r.�•,s��terrcd I�tt�f a benelirial uucrr+t�n Norr��wer i..��ld��r�r.m.frrr�J and H��rcuacr o.nnt a na�i:ra:
<br /> prrsonl N�thout Lertw�r,�rior unrten run�ent. I.rnJer m:�y.�t u�o�urn. reyuire�mm�d�a�r pa}mrnt m tull c�t aEi si�i m5
<br /> '�'�, s�xured try this Sctiunt} In,iru���nr Hawc�rr. thi,��ptmn,hsL' nor he rtrir�.rd h� Lender drxerci�i. pr�.hiMav h}
<br /> tederallrv►rc��fthe�tr��t thi�Secunt}In+trumenr
<br /> It Lender z�er��tic�thi•��pnrn.I.rnder.fia(f�ti�c B��rn,wrr naurr nf a�.clrrauan Thr notirc�halt�rmide a{xnrd
<br /> uf nut le�s thao!0 da}�fram ihe Jat�tl�c nonrt�••�l�li�ered��r mailrJ N i1h�n uh��h H��rruHrr mu�t pr}a[[.um+�ecured hy
<br /> - ' .�._r_...�...-t..............� t�'fL�r�nurr Euh tn ra� c[uhe rumti nn�,r t���hr r�v�r�ti��n 4�t thi,prn�xi.Lrad��r mac imokean�.
<br />- . �II��JVVM���� •�����.....�... .. �. .. � � . .
<br /> remed�ec�+ermuted hy thi.5��iunn In�trumcn�w uh��ut further n��ttir�+r deman���n 13nrrnc�er
<br /> 18.��ro�rer's RiRht to Reinstate. It'{i��i�ow;r r,���r.<.rsr�n:ordoea:�m. Hrr:-:��e�r�lialt�s�e the nght tu h:��e
<br /> �nfi�rcement��f th��5etiunt�Intitrumr�rt����unum ��1 rt am timc pn��r tr the earlter��r.�,��!dey�tnr tiuch.��her�ri�a+
<br /> apphcuble I•ru ma)+{��f� ti,r rein.tutemrnU F+eti�rr wlr��f Ihr F'ro�rc� rur.uant t���n} rnw�r��f'�al���,nta�ne�1 �n t hi�
<br /> S�unty�Instrum�-ni:or Ibl rntry of a�udgment�nturcmg th�.5��.unty Imirument Cho.r:�m�liti��n�;ine Ihat f��rrawer:
<br /> �:1) �;1)'� Lend��r:ill rum. which thrn wruld be due under thi.5erunf} In.trmnrnt:u�J thr ti�,te I�ad nu a��tl�rat�un
<br /> �xrurred; lMl �ures nn;defauh of any other �ocenant���r agrrrment�:Irl pa>+�U rx{+rn+e.mrurrai�n enfi�n�ng th��
<br /> . Sctiun�? Insu•uma:n�. �acludin�t.hut nut l�rn�t,sd Ro.reu.onable attamr}�' f�ti�.. and�dl takc�..u;h acr���n a.l.endrr ma�
<br /> rraK�nably require��+ .��sutr Ihat the hen ol'th�n Srruntq Imtrument. Lender'.nght�m Ihr Prnprrh and durraxrr'�
<br /> abl�gauon k� p�y the wm++ctiured h� thiti 5�cunt� In�trumrnl �haU �ontmur un�hangrJ l'pun rc�r,�laiement M
<br /> 1 NO�fpMtf.thi.Secunt� In.trument a�id thenhl�ganun.�urecf hrreb} .h•rll rrm•rin lull�cffctin�e a�d'm�.►�:elrranun h•rd
<br /> �xrurred. Hov►e�er.th��ngh�tu re�nstate chall n�•t appl�m the cax uf.�rrrleran��n under p,►r�gr.►ph.1?ur !7
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