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<br /> ' " If I.ender reyuired mangagc insurA�ce us a condi�i�n of making thc la•rn scti:ured by thi4 Security Instrumcnt, � °—,__,�u•�-;�,
<br /> • .� Barrowe�shAll pay the premiums requircd ta mwintain the insumnce in effeci until such timr aR the requiremen�for the .�u'��r:.:'_�`G—''_.
<br /> • �� insurnnce terminate�in accardance N•ith liarrower's and Lender's wrinm a�re�mcm ar upplicable law. � '' ``�1^�•,��=_
<br /> � .�:. .: . .......�..�.��
<br /> — �,;�;'�:,:,:::�• � • 8, Inepection. Lendor ur ils agent may make reasonablc entri�y upon and inspections af the Prcperty. Lender �,.:,,, .�..,,.,.,,,ro ___�!._
<br /> " • .. shall give&►rrower nat�ce wt�he time of or pnor ro an inspection specifying reacc+nable caure Por�he inspection. `' _��,i�r��:,�'.a:s��
<br /> � 9. Candemn�tlon. The proceeds oP nny awArd nr claim Por dnmages.direct or con�equentiAl,in connectian with '" ����� •
<br /> •,�•,:: .....,...
<br /> .r any candemnation or ather taking of any pah of the Propeny, or for canveyancr in lieu af cundemnation,are heraby ,,�, �,�, ° �..,
<br /> � assigoed and shull be paid to Lender. . ��' �'t���', �
<br /> In the event oP u�otal taking af the Propeny,the proceeds xhall t+r applied ta�he sums secured by this Serurily . .L;•�..i�����a��--; .
<br /> Instrumenc.whether or not thea due,w�th any excess paid to&�rrower. In�he event af u purtiul tuking oP the Property, -::•�•;'•,��'!9�'�`�:' :'•�
<br /> � euefess Bor�ower and 4ender otherwise pgree in writing,the sums sccured by this Security Instrument shall tx reduced by -
<br /> � , . che amount of the pruceeds multiplicd by the foltowing fraction:(u)�he t�tnl am�unt of the sums sccured immedintely �
<br /> before the tafcing,divided by Ib)the Pair marlcet�alue of IMe Ptoperty immediately before the taking.Any balAnee shull be �,
<br /> • paid to Borrower. '. . .
<br /> If the Prapeny is obandoned by Borrower,or ii.afler not�ce by Lender to�onuwer�hat the condemnor ofPers to ,�„
<br /> ,,,h:�'�h��,':�; make an award or setde a claim Por damages,Borrower Pails to respond ta Lendrr w i�hin 30 da►s afler the date the notice is . , :__;�„p�ti
<br /> � ��i�'��•k w.�..:':'•�' given,Lender is authorized tocollect and apply the proceeds,a�its option,either w rrstaration vr rcpair oPlhe Property or _,� `j:-.��-
<br /> � '�"%f�'��' to the sums secured b this Securi� Insaument,whether or not then due. "
<br /> . � y •�!,"���� .
<br /> ��:,� '''.�r��ti�'�� , ;��,��. Unless Lender and Borrower othervuise agree in writing,any application of proceeda to prr.n.e�+al shnll not eatend or �' ��,�'��' �, ;� .,�'i��;.�
<br /> , - �.��:. postpone the due date of�he manthly�pavr.cents referred to in pnragruphs I and 2 ar chunge the�ra�:+unt of such payments. ',�•'.�'����•.:��
<br /> ' 10. Borrower Not ReleASed: FcavlbesiQance By I.ender Not A Waiver. Extension of the time for payment or � ••
<br /> � • enodificat�on of amortiza�ion of the sums serured hy this Security Instrument grunted by Lender to any successor in , �����`��•
<br /> interest of Bonower shall not o rate to rel�se tfite Jiahilit of the original Borrower or&�rrower's cuccessors in interest. � . `:*" ,�7
<br /> (� Y
<br /> � ' Lender shall nc t!�e r.�;yuired to commence prucr�dingc ugainst any successor in in�e�est or r�fuse to rxtend time for ,4ni.?+:a
<br /> ' � �;�'' payment ur oai�e�rwi�r modiPy amurtiza�iun of the sum�secured by this Security In+trumem by reas4m of uny demnod mnde • � {r"., �-
<br /> ,i>•,'` b the ori inal Aorrower or Borrower's swrcessors in interest.An forbeurunce b Lender in ezerrwin an ri ht or remedc y�`°^'
<br /> y g Y Y S Y B , i ���:.,,�.
<br /> ., ,� � f;'' shall not be a waiver of or preclude the ex�rcise of uny right or remedy. . 'J�,:�,•;��
<br /> ',. . 11. Successors nnd Assi�Hound;Joint And SererAl Liobility;Casip�ners. The covenants and ugreements of ��.;i;!, -
<br /> � ''�' � ' this Securit Instrument shall bind and beneflt the successors and assi ns of Lende�nnd Borrower,sub ect t�the rovisions '� � "' ' • ` f�
<br /> y s � r � . � ;:�7,,r,.'
<br /> ,•�`.•�.�-� �- '',�.:-i:- uP paiug�apL 17.SUifOii-tT's�oyenants ar�N agrcemcnts shall bc jaiat and scrers!.An�•Hosrotis�er�Yho casign�!his Security �'"' - ,�•:�.....? -
<br /> . ': ,'.'.,::� In�trument bW does not execute the Nntm:�al is co-signiag this Securi�y Instrument only to mortgage,grAnt and convey • °, •��
<br /> �;� Ihat Borrawer's interest in the Propeny under 1he te�ms of this Security Instrument;(b)is not}*cr�onally obligated to pay • �; `.•�,s�
<br /> • ;!'jy� t he sums secur e d by I his S ecurity Instrumen�:an d(c 1 a$rees t hu t Len der and an y other Borrn��er ma y a gret to extend. �, ''i�;; ••`t�
<br /> � , modiP y,Porbear or muke uny accommad�.tinns with regard to the terms of this Securi�y In��rumrnt u�the Note withou� � .. :;`�';
<br /> ', .':' • � thatBorrower'scansent. ,'�•�
<br /> • ���.i�' 12. i.am ChArges. If the loan sacur�Ki by this Securiry In.trument is;ubjrrt to n lu�ti «�h�ch gets muximum Ic�an � �,'.�:,�;:�,y1
<br /> , ,::i;�.,�� churges, and that luw is finully interprettd so �hat the interes� or other loan chnrge+ colkcted or to he rnllected in � .'; .;•;"
<br /> , � `• connection with the loan raceed the �rmiued limitc, then: (a)any such lonn churge shall br redu�ed by�he amount +,. ',��'
<br /> •�, .�`i�,,�.• � neces.wry to reduce the churge to the permitteJ limit und(b)uny sumti alreody ci�ll�ctrd Prom Horrower which raeeeded �, ,
<br /> :� ;�. :, � permitted limits will he rePunded to &xrower. I.ender may choose to muke thi�refund by redueing the p•inci}�1 owed ,
<br /> '�%'� .. under the Note or by muk�n�a d�rect payment to Bcirrnwer.lf u refund reduces pnncipal.thr redurtion will t�r treuied as e � ' .� ,.;•,.
<br /> . panial prepayment without on}Frzp:r:mant charge under thc Nate. ' ' ''•�
<br /> • 13. I.egialation Aft'ecNng L.ender's RiRhts. If enactment nr cx�irati�n of applicuhle la�vs has the effect of ; `.�•`
<br /> � rendering uny provision of the Note nr ihis Seruriry Instrument unrnfnrceable arcording ta il�term�.Lender,at its option, , ' '��'
<br /> '�;�;�'.� may requirc immediate�ayment in tull of all sumti secured hy thi� Security In�trument und may inv<.ke any�remedie� �� �
<br /> '� permitted by parugraph 1�.lf Lender exercises this��tinn,L�nder shall tuke�he steps spec�fied in�hr sewnd paragrs�ph�f � �. ,
<br /> ,'"'`'. , paragraph 17. ',.,':,r;,,
<br /> � ' > •� 14. Notices. Any no�ire�0 8orrower pro�idtd for in th iti Serunty Inctrument chall t►c giv�n hy delivering it or hy� ' •
<br /> p,,�. �
<br /> `.�,� (�.;�., muiling it by first class mail unless n;+phcable luw require� u.r�i annthrr methai. Thr iwure shall be dirntrd to thr '�.;,
<br /> • Property Addrrss ar any��ther uddretis Borrower designutex by nonrc to LenJer Any�notice t�Lender.hall be given by ! .
<br /> Brst class mai)to Lcnder'c addrrss,ta�cd herein or any othcr uddre��Lendrr Jesignates b�•m�tirc to Borri►w•er.Any rn�ticc .
<br /> �; provided fur in this Secanty Inst rument�hall br deemed ta havr txwn givrn to Borrower or Lendcr w•hen givrn as pmvided .
<br /> • in thi�parugroph.
<br /> ;," . '�:'.� 13. Governing l.aw;Sevembility. Thi�Srcurity In+trument rhall he governed h�• fedrra)law and the law of Ihe
<br /> {•._"�.
<br /> . .,... jurisdiction in which the Properq•i.lo:uted. In�he e��em�hu�am ,�r,��isic�n or rlau�r ul'thiti S�urity Instrumem or the
<br /> ' ,;';',; � '', tiote canflicts wuh applicable lau•,tiunc�onflict rhull not affrct uther prm isinn;,�i Zhi.Srrunt} In�trumem!�r the Note
<br /> '� ''.,� � . ahich ran be given elt'ect wiihout the�onflirting prcivi+i�m.To this end Ihe pro��,i.�:•��P th�ti Sr.rurity Instrument and the
<br /> ' tiote arr dctilared to lx�everable.
<br /> �;,�!' • . ..,.�','.��f� 16. Rorrower's Copy. Hurrow•er+hall t�R��en one r„nfnrm.d cap��,i the Note and��f thi+Secunty Intitrument. ' �
<br /> • ' �� 17. T�nster of the Propera� or n BencHcial Interest in D�orro.►cr. It atl or any p�rt of the Pru�xny or an�
<br /> . .'�„•_ .
<br /> .. , � � ����., '..•.'�,�, �.�� inlcrest in it is tiold ur�rantiStned�,�r 7F�:1 F1CI1CfIC1:+l intere�l m Hnrruu��•r�„�,Id.,r u�n.ferred rnd Burrow�er�.n��t a n�n�r.�! � .
<br /> ' � � � '� '� {�r�unl w•i�hout Lende��:r�:.°wn�e�r.�un,ent.Lcndcr ma}•.•rt in„�tion. reyu:re immrJiate paym�nt m lu!I of all,um�
<br /> ' • . � . �erured b�� thi.5rruney O�r:,•rumene. N��wr�cr,thi+upt�on tihaEl ttnt hC cxCIC��Cd h� l.�nder�f rxcrcire�.prahiMitcd b}
<br /> �• • federal law asnfthrdateof IhisSecaru� ►nslrument.
<br /> . )'..: (f�.�er.cder eserriu�thi.�iptu�n.��c�er.hrll gt�r Horr����r-r�,ri�r ot'arrrlcr:tt��in. I'hr n�,t�r�.hal)pt���idr a rerc.d
<br /> of rtar t�-��cl:a�.30Jay�frnm the dr�4 r�,;....nce i,de[nered„r rr��c[cd��nhin Nh�ch Hurrnwrr mu+l par all,um+�e�ur•:�by
<br /> � '�':_� thc5 Sc�unr� fn�+trument Ef Borrc�x��r fad+tu pa�rh�-,r..um.pni�r�a thr rtpir,ua�n��f ihi.�xruxi.Lender rtt�c m�o{.e rn}
<br /> ' �, rrmed�es permiUCJ hy rlv,�ecunty In+trumrn�ucr[i��ur funhrr nuucc��r Jrmand�m liurrnwer
<br /> 18,Borrnwer's QfiRht fo Reinstate. If N�+ce��uer m�tit.rert.un rundu�um,li��rrr��cr�hall ha�r th�n�ltr rt�hrcr
<br /> . enforcrment of thi.5rcurit}�In�trumrnt dnr�mnnurd a�an��timr pru�r tu thrranc�r nf�:�1 S d��.(or.urh uther pen��d a�
<br /> � .�pplicable lau�ma���xcd�• for rcm�tatemrnt!heti�rc+alc uf Ihr Pr��rrrty rur.uant a�.mc �•��r��f.alr r�mtained�n rfin
<br /> � � Serurit� Inctrument;��r Ib)entr} ut'a�udgmrnt�nli+rcing thi.5e.unt}Imtrumrri� 1 h��.r u�a.lm�m.arc�hat Barruw�r
<br /> (a) payti I.ender:�II tiumx wh�ch ihen wou1J t+r duc under thi. Sctiur�q lmrrum�nr an1 �h� `otr had n��u«eleration
<br />_ �xcurrcKl; (bl cureti am•drfauh ��f any� athcr cr�rn�nt+ ��i agrcrmrnt�. Ic 1 p:�)+ .►II e•�pcn.�w in�urrtd m �nfnrcmg thiy
<br /> Secunty Instrumcnt,inrluding, hut m�t hmrtrd t��, rea�onaMr auornr�.' frcw, and�dJ t.�l.�w tiu�h ,i,:rnm .�. Lender may
<br /> reawnabl� require to aswre th�t thr 4rn uf tM.5ccunt}• Imtrument. I.endrr'+nFht� �n th� Pr��pen� an.i&�rn�Nrr+
<br /> obligahon to pa}• the +um��erurrd by th�ti Sc�.unt} Imtrument �hull «�nt�nur unch;�n�t�d l'��on r�»i�trtemrn� hy
<br /> Borrow�er,lhi�Securny In�trument�nd the i�bl�gati�m��ecured hrreb�,hall remum t'ull�efTrrti�e a�d'nn a�celerani►n hnd
<br /> c�eeurred.Howe�•er.this ngh�to reinstute chall n��t�pply�in the ca.r��f acrrlrr:lllUp IItlIIC�(+:lGl�f:lrFl\I���I'I�
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