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<br /> . ;, If[.ender required mort�e imurance at�condition oP makin�tha loan secured by this Socu�ity Instrumeot, • .
<br /> • . Borrower sh�ll p�y the premiums raquired to mwintain the insurance in eRect until such time w the requircment for the . ,":"•".-,;.Fk�'
<br /> " '� mwrance termin�tes in secord�nce with Bortower's and Lrnder'�wntten��eement or�pplicable Irw. � � •-
<br /> ' 9. la�pectloa, Lender or its��ent m�y make rasoruible entries upon and inipections oPthe Property L.CII�'f r.:.•�.Rrri�a•+.n�st�.ry..,:.
<br /> . � , �hall�ive Borrower notice at the time of or prior to an inapection:pecifying re�son�ble cause for the inapection. - ,.`:s�,�'�•. �
<br /> �• ' 9. Coodemn�don. 7'he prxeeds of aoy�ward or claim for dnmaga,dirxt or consequentfal,in connection with
<br /> -� any condemnation or other taking of'any ptrt of the Property,or for co�veyance in lieu of condemnation. arc hereby �
<br /> ac�igned and ahall be paid to Lender.
<br /> t'• � In the event of a tat�l taking of the Propeny,tMe proceeds shall be Applied to the sums secur�d by this Sermrity . .
<br /> '�'' Inatrument.whether ar not then due, with�ny cxccss ps�id ta Borrower.In the event oP a panisl takinQ vP t�e P'QOQea1�. '
<br /> ,, unless Borrower And 4ender ot6erwise agnee iaa writing.tAe swms secwed by this Security lnstrume�rt s�a➢0 t�e rc�wc2�bX �•
<br /> '��.�'��' the amount of the rxeeds�vlti h the Eo�lo�win Pract�:(a�tdie tvtal amount o1'the suen►s secw+�d immediatelY ' �'
<br /> ��:. . . ' � q P D�� 7+ 4 r . •,- •,- :i:.:.'.
<br /> ' , .. ' 6ePore the taki�g,divided by�p)tLe Pair mutet va0�oe o6 obe Praperiy immodiately befare the ts�in�.Any b�lance ahAll be t•,,.:. . . ,, ;�;�:;:,�.
<br /> . �•.. .,,.
<br /> , paid to Horrower. :• •�';�;
<br /> , z:.��•:�'-�:'� .
<br /> �� �'r, If the Propert7 is a�ae►do�,ed by Bortower,ar i`�ftz�r nasdee�Jr 4endea to Borrower that thc condemnur offers to �': �� ' �''�';� :•
<br /> , ;,,i,.: .
<br /> make an award or settie a e9�aan 6ot damages,Borrower faifs to respond to Lender within 30 days after the date the notice is �.;��.,',
<br /> � • '� given.Lender is authorized to coUect and apply the proceeds,at its option,either to restoration or repair of the Propeny or _c., .•,
<br /> ., „ to the tums secured by this Security Instrument,whether or nat then due. � �'
<br /> ,,,•�,;.,•.;.:'`;��-^; Unless I.ender and Borrower otherwise agree in writing,any application of proceeds to principal shall na eatend or ►,�,1-`•F�
<br /> � " ��•��"'���`""" t ne the due date of the manthl a ments referrcd to in ara ra hs 1 and 2 or chan e the amount of such ments. f , '.
<br /> r•� ^ P�P� Y P Y p B P B PAY
<br /> "!r:r.;;��,;:;;�t�; '' ;` 10. 8orrower Nat Released; Forbairau��e By I.ender Not • Wdnr. Extension of the time for payment or .
<br /> f;., c
<br /> " ' ' • ' madificatioo of amortization af the sums secured by this Security Inatrument granted by Lender ta any successor in � � � -
<br /> ' interes�of Borrower shall not operete to release the liabllity af the original Borrower or 8orrower's successor�in interest. ; �
<br /> se E
<br /> ' � ' " Lender shall not be rcquircd to commence proceedings against any successoe in interest or refuse to extend time for � ,.
<br /> •� payment or otherwise modify amortization oPthe sums secured by this Secunty Instrument by reason oPany demand made . �
<br /> , � by the original Borrower or Borrower's successors in interest.Any forbeartince by Lender in exercising any right or remedy � '
<br /> � shall not be a waiver of or preclude the exercise of any:ight ar remedy.
<br /> �, .,. ': 11. Succeason ond Aat�Bound;Joint nad�eaml WsblUty;CasiQners. The covenunts end agraments of I
<br /> . ,�,,, , . • :_= _�- -° � �his Security Instn�ment shail bind and benefit the successors and assigns oi Len3er and Sorruwc�,subj�:t to thc pro�isians :,;"'�;
<br /> , � of paragraph 17,Borrower's covenants and agreementa shall be joint and several.Any Borrower who ca�igns t his 5ecuriry � ' •.�� .
<br /> � Instrument but does not execu�e thc Note:(a)is co-signing this Security Instrument only to mongage,grnnt and convey '• �";.."• ,
<br /> . thet Borrower's interest in�he Property under the terms of this Security Instrumcnt;(b)is nat personally obligatod to�y � .� .
<br /> .�; the sums secured by this Security Instrument;and(c)Agrces that Lender and any other Borrower may agree�o ealend. . �
<br /> i modify,forbear or make any accommodatians with regard to thc terms of this Security Instrumcnt or the Note without
<br /> � ,
<br /> , that Borrower's consent.
<br /> ' • 12. I.oAn Chp�es. If the loan secured by this Security Instrumeat is subject to a law which sets maximum loan
<br /> charges, nnd tha� Inw is finally interpreted so that the interest or olher loan churges collected or to be collceted in �
<br /> , connection with the loan eaceed the permi�ted limits, [hrn: (a) any such loan charge shall be reduccd by the amount
<br /> . . • necessary to reduce the charge to the permi�ted limit:and(b)any sums nlready collected from Borrawer which ezceeded � '
<br /> . • permitted limits will be refunded to Bor�ower. Lender may choose ta mAke thi;refund by reducing the principal owed i
<br /> under the Note or by making u direct puyment to Bbrrower.lf�refunJ reduces principal,the reduction will be treated suA �
<br /> pahial prepayment withow any prepayment charge under the Note. ;
<br /> ' 13. I.egislallon Affectiag Lender's Rtghu. IP enactment or expiration of applicable laws has the eflect of I •
<br /> � • rendering any provision of the Note or tbis Secunty In�trument unenforceable accarding to rts terms,Lender,a�its option, ' �
<br /> may require immediatr payment in full of all +ums secured by thi�Secunly Instrument and may im•uke any�remedies �' '"
<br /> permitted by pAragraph 19.If Lender exercise�this opiion,Lender shall take the s�e�s specified�n the second paragraph of .
<br /> .. . paragraph 17.
<br /> �•�''r�, : .• 14. Notices. Any notice to Borrow•er pro��ided for in this Security Instrument shull he given by delivenng u or by ; � .
<br /> ` ��� •'•�' moiling it by first class mad unless applicable law requires use uf another methad. The notice shall 6e dircK:ied to the �
<br /> ,�'�•::, •
<br /> `1`+�• "°� ' Property Address or any other uddress Borrower designales by nMice ta Lender.Any notice to Lender shall be given by •
<br /> :.�,, , �
<br /> ' first class mail lo Lender's addres�strted here�n or any�ther uddress Lender designates by notice to Borrower. Any notice
<br /> . , ;;�r, provided Por in Ihi�Security Instrument shall be deemed to huvebeen given tu Borrower or Lende�when given as provided . '�r�'•
<br /> � . , . in Ihis paragraph.
<br /> '� IS. Governing[aw;�ererabil(ty. This Sctia�:ti lntitrument shal!he govarned by federul law and ih�Inw of the
<br /> J.::�wiction in which the Propei�ty is Iexated. In�h�e vt�r�::ha*,an} pvooic�on or clause��P thi�Serunty Instrumrn�or the
<br /> � ti�;::cemt�aces w�th applicable law,such ronfl�ct�:�a,I r��n-a`�e�:c�:`:er ps���i�iona oP this Secunly Instrument or the Note
<br /> a�:icB�tm�i,�e�nen effert withaut the cortftu:tivtg pror»e.�n v�n.:tic�a;�?s;��rovisians of this Secuncy Instrument and Ihe
<br /> '.��trt a�m�:.ze�d to be�rverable.
<br /> Db. Borrowe�'sCopy. Burrc.w•er,ha�ibe:r���:n •:�.;:_��^:�-^-:.: ::•,^� ,�r'r,I.-.;tiorcandofth��Sc�arily In�trumenr
<br /> 17. Traaste�ot t4 Property or a Benefieca0 Queteres¢M �.veN+ver. G'�::ll.��r any prrt uf the Pro{t..�rr.�� ��r any
<br /> uecrcest m it�s sold��r tranyf�rred lur da benefl��al�Reee��r:r.�lrrreWrr.r.,uld�*r��rs���l'rrred and Borrower�s nc�r a natursl
<br /> penon)w�ehout Lendcr'�pnor wnttrn cnn,�nt,Lendcr ma�,at v.�rr!:�,�n, reywre�mmrJiatr p.epment�n fu[i of al{wm�
<br /> . � seeured by thiy 5rcurny Im�rument. Ho�+a�c�er. �h��c�p'•��n�haf� n��r l�t exe�ci�N M• Lrndcr iP enrrcttie es peohcb�ted Hy
<br /> federal la�asot�Ae d•rtr of thi.Srcur��y�n�rrurnent
<br /> If Lcn�t•er txercnes tht�opti�m.Len.ier ehal[aro��,tn�ar.r nr.cite��f a��elrr3r���n.Th�nnr�,;e�sI1�lI pro�uh�.i prnud
<br /> � al nni ltss t[tan 7Q da�.fc�im rhe d�tr shr n<u�e s��.^Inrr��tS,�r m��l.n]ucth�n whu:h�.ifrnwd[mu�t Dn���I•.um^;y�cureQ by
<br />� . . � rlt:5'_�==r Ln��r�,mrnr [I��.ir�nar�V��la r.i n:���h.�.a!���m.nnnr t���h,•C\rlf.t[���n,•I'th:.nen.•�1 f.rnder mr� m��,kr sny ..
<br /> + remcdirc�x-rmirr��h}th�ti5rrunn(ntiirum�mt u�th��ut funh�rn.�r�,:e��r4Cmand rn li��rn�w�•r
<br /> 18. 13�rrower's Riaht ro Reie�tae�. If&�rr�wrr mre�ti,:�•rr.��n,:���d�t��n.. Fiurn•��er,h;,IJ li��r thr n�h� tu ha�r
<br /> entarcemrni��t�hi.S�wuru� ln,��ument d�+amunued at an�time�rn�r i��rL+r�.irLer.�t' ia)�,i.�>>�rr�urh���hrr�xrnxS r.
<br /> appl�rablr IaN ma} �pe�if� ti�r rr��.t:u�meml hrti�re wlr af the Pro�ert� >>urtiuuni to.�n� p��wrr��f ti�lr.�m��mrd m thi.
<br /> I Srcunt� Imtrument.or Ihl rntn af:i�ud�:mrnt enfittru�g tlii�Srcw•u1 In�trum roi l lto+c<nnS�tinnti are�h.et&,rrowrr
<br /> lal pa�+ Lrndrr�II +um� xhi;h Ihen would hr Juc under thic 5e�uru�� {mtrwn�nt and th� \,�1r h•rd m� a..rl�•ratmn
<br /> ixcurrcd. 1h1:ur�w rn} JefauU ��f rn� uther cu�en•rnt� ui agreemrn�..�c�pa„all r��•n.��. in�urred m ent��rcin�t thi�
<br /> 1 Se:urny Imtrumrnt.mrluJ�nK,hut nut hmue�l 1��. rca.�mablr atturna?+' fee�. and �JI IaMr.w.Il J�IIUII d� l rndar nu.
<br /> � rcevmrbly rrywrr t��a�tiurr that thn c�n uf�hi�S�ti�inn In.trument. LenJer'.nght. in thc Pr�i�+ert� rnd F4�ru�wer'�
<br /> t obhgatwn ta pr� the wm+ +nurecl by this 5ecunty In.trument ,hall �unheur un.hangrd ( �x�n r�m.t�irmen� M
<br /> Borcower,thi�kcun�y In.trumrnl and Ihe��Aligauom�ecured hereby.hall remam fuN�rlTetiti�e a,�f nu ac.rlrrauun had
<br /> �xcurred Howe�er,th�ti nght lo rnmu�e�h�ll nat appl� �n the ca�eof accclrrat�an unJer�vrafraph�1���r I'
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