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<br /> , If Lende�roquind man�e ie�uance a�condition of m�kinR�he lo�n secu�ed hy this Secueity In�tniment.
<br /> ' � Borrowe��►h�fl pay the prem�ums requircd ta mdntain thc insurancc in cRect untll such�im�as the roquirament for the
<br /> in�unnce�enmmtes m�ccord�nce with�armwer't�nd Lrnde�'�wri�ten aOreemrnt or appliuble IsM.
<br /> • � �. ��eetio�, Lende�or its�Qent m�y m�ke reuon�ble eM�a upon�nd inspa:tions of the i°roperty.Lender __,
<br /> •� slia��pve Bormwer notice at the time of or pN��ta�n i��paetion ipecitym�res�on�ble cau�e for the intpectioo.
<br /> ^� � ` --r, ,:� --- 4. CoademRatloa. The proceeds ef any aw�r��r cl�im f�r d�m�ges.dircct or can�equmti�l.in connection with _. __
<br /> � '� . „ �ny condemnnian or aher ukia�of�ny psn of tha P�opehy,ar for conveyaece m lieu of candemn�tion,ue hercby - - ��� �
<br /> ' � assi�od�nd�hall be paid to l.e�der. �. ,
<br />� . .; i .;��• . la the event of a totsl ukinQ of the P�apeny.tha procads sh�ll be rpplied�o the:ums�ecu�ed by thi�Socurity �;:_-
<br />' °. ln�trument.whether or not then due.�vith aey eacext paid�a Borrower. In�he evem of a panial t�IcioQ of the Propetty.
<br /> o • uoless 8orrower and Lender otherwise agree ie writing,the sum�secured by this Secu�ity loctrumrnt sh�l)be rcduoed by
<br /> the amount of the proceeds multiplied by the fo�lawiog fi�c�ioa:la1 the taal�roaunt ot tt�e sums socu�ed immodi�tely rv
<br /> beture ti�e Wcia�.divided by lb)the fair muket vdue oP the Property uonmedv.tely before ihe talcia�.A�y b�lance shall 6e -� - - —
<br /> Paid w Bo�rro+eer• -
<br /> IPtbe Pmperty��abandoned by Horrower.or if,atler notirce bp Lender to Aorrower tAat Ihe condemnor offas to R`' ''°:'�s''0:."..�. „•
<br /> mate�a��rd ar setde a chim for dsma4a.Barrowe�hils to rospood�o Lender w ithin 30 days aiter�he date the notics is �' ._�-. „�..�'..,.-:`�°:
<br /> �� pve�,l.ende�is authorizod to coUect and�pply Ihe proc�ads.at its opuon.e�ther lo ratoration or rep�ur oPthe PropeAy o� ;,r:��_ �_ _4
<br /> a thee�s4cured by this Security Instrument,whe�he�or aot�hen due. � ' `r� `� _-
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<br /> ilnless I.ender and Borrower aharwise�Q�a in wnirin�,any application of praceeds to pnncipal shdl eot e�tend or �•:" R
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<br /> postpoae 14e due date of the monthly payment�refetred to in p�ar��aphs 1 and 2 or change the anwwnt of such payments. -
<br /> 10. Honro� Not Relau�edi Forbeutace By i.e�der Not� N'd�er. Exteosion oi the time for payment or �`•�:_
<br /> eioAificatioo of amortvatian of the :um�sacured bK �his Securny Instrumeat granted by Lender to any sucassor ii �.,;•...--,_ 1=�''
<br /> �s'• . �ottrat of Botrawer shaU not operste to release the liabil�ly oP the ori�inal Bonower or Bort�ower's succasors in intera �• '�•�-�
<br /> ,,•i, ��•, •?��.;,.�. ,.� i.ender shall not be requiad to commence proceadia�s s�inst any suceessor io io�erat or reiuse to eatrnd time for , .r�_. -
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<br /> :; ��j:r�•'�:' '•�°� paymcni ar�al4e�wise modify amortizatio�of the sums secured by th�s Secun��•Instrumem by reawn of any demand m�de •. � �•..=
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<br /> � • , :,:,,�i,�;,; ��,.�;�� �. by[he oriQiaaU 161onawu or Bonower's successors in interest.Aay fo�bearance by Lender in tae�cisin�any nQht or remedy , � , �w,���� '�
<br />""�' '�.1'. �I' t+'';':�{'�;,�F,',;�S',. sb�ll not be A w•aiver of ot pmlude the exerci�e of ar�y right or ranedy. ' '�I.:`�'� �' „°
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<br /> '•�. ..,",i,�:....:� 11. Suceasan aorB Aai�u Bouadi Jolat a�Sennl LiaWlity;Co-si�ars. The covenants and sgramen�s of �. ,�.-• -;. .'�' .�
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<br /> � � �:•,.'. ,ti:,,���- tlnis Security la�strument siull bind and benefit the successora and ass�gns aP I.ender and Borrower,subject to the provisio�s �,
<br /> �.' :��i �,;it���'i'•• , ,�;., atpusgrR}�fh 17.Borrower's covenanta and agraments shall be joint and several.Any Borrower who casigns Ihis Security -,.�;�r��;;,.z�:f.
<br /> ,+�' � Instrumrnt but doa not eaecute the Note:(a)is casigning thi:Security Inxerument only�o mongage,grant and convey .
<br /> i.��'.'. �-"-���---�`�-. ?`�' ih=i Sasrau:cr'g insaat in she P:operty undsr the temna oP�his Security lnstrummt(b)is not perso�ally obliga�ed to P�y � ��'_�;_'"� �F`�`'-
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<br /> �� � ' S.�'�':`';��;. t� the sum�secured by this Security Ins[rument;and(c)agrees that Lender and any other Borrower moy ags«to extmd. ' ' ---:-- ' ` "�•„
<br /> . �I�;:;.;• ' modify.forbear or make any accommod�tions with��e�;nrd to the terms oP th�s Secunty Ins�rument�r the Note wnhow � � . ���---
<br /> � • ����, tfun Borrower's consent. �, ''�R r..
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<br /> '•','!%�• 12, Lo�n Cb��a. IPthe loan securcd by this Secunty lostrument is subject to o law which sets maximum loan � ��� =_
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<br /> ' ��;,•,: charges, a�d that law is finally intetp�ezed w tha� ihe inte�est or other loan chorges col8ei:ced ar to be collectad in •. .
<br /> • connxtion with the loan eacoed the perm��ted limits,then: (al am3 cuch losn charge shall �e�,�uced by the amount I '1�
<br /> necess�ry to reducx the chargc to the ptrmuted lim�il;and(b)any sums already collected from�orrower which eaceeded �
<br /> .. permitted limits will be refunded to Borrower. L.end�r may chaose to make this refund by reduciog the principal owed
<br /> under the Nok or by mak�ng a direct payment�o Borrawe�•1f a refund rcduces pnncipal,the reduction will be treated as a I _..�.�
<br /> " partial prcpayment without any prcpayme�t chorge under thc Note. � ,
<br /> . �� � 13. I.r�l�tloa ARecting Lender's Rlghts. If enac�menr nr exp�ra�ion of applicabGr O�ws has the eflect of +
<br /> ' �endering any provision of the Note or this Security lnstrument unenforceable according to its�erms.Lender,at its option, , -
<br /> may require immedipte payment in full of all sums secured by thi�Secunty Instrumem and may invoke any remedies . ;.r.;
<br /> , " permitted tn;�parngaph 19.If Lender eaercises this opt�oo.Lender shall take t he uep�specified in the second paragraph of � �.:,..,.
<br /> • ,:,•: ;,.� para�raph A� , "� �,; :
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<br /> ,,. ,,,..,� 14, ti�tkes. Aoy notice to Bnrrower pravided for in this Sryarity Instrument shall Me grv�en by delivering it or by , , ,,
<br />_ ' . � 1,;,;'�: mailing ia b3 tetst class mail unless appl�cable law reqvires use of A�o�her method.The nuu:c;h�ll be directed �o the � � ��.�,;•�..
<br /> '�''` propeny AddPZSS or nny other address Borrower�tes��raates by notice�o Lender. Any notice to Lender shall be grven by .
<br /> ` ° � • Rrst class m9i1 ta Lcmder's address stated herein�r Any.�ther address Lender desi�nates by notice�o Borrower.Any notice t =
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<br /> • ' �rovided�Par in this Secunay lnstrument shall be deerz+•e�J io heve been grven to Borrawer or Lender when given as provided ��.,i' .
<br /> '''� in this pnragxa�h. ' .
<br /> . , 1S. Gtyqeraiag Lar►:Se�enbllity. This Security Instrument shall t+e governed by federal law and the law oPthe .
<br /> ' jurisdiction in whith the Ptoperty is IocAted. In the event that any pravision ar clause��f this Securny Instrummt or the :
<br /> Note confliets with a�+�i�zcable faw,sucM conflict st�all n�t affect other pravi�i�ms of th��Secunty Instrwnend or the Note „
<br /> � , which can be given efl'ect witnout the conflict�n�prnvision.Ta th�s end the pm�•i�i.m��f this 5ecunty lnsaeuae�nt and the � •
<br /> � Note are declar�d tn be sr�erable. , �
<br /> ��'<� 16. &+r�ra«e�'s Copy. Borrrwer;�all'he g��en one conformrd r��py ����h�`ate nr.w nt thi�Secunty Instrument. � ' ' i,
<br /> :�;.'. � 17. 'PrAasler of the Properh or a Brne�clAO Interest in Borrower. If ull nr ar.} rurl �f the Properly or uny .
<br /> interest ie�a ia s�]d�nr�raniferred(or it'n t+enehc�Al inte�ts��n Borruv►cr ir+oW ar Iransferre�ar,J&+rroweT�s not u natura4 `,�'.
<br /> penon)wi�h�ut Lend�er'�pnor wntten consent, 1.en.J�r may.at uti��ptum.rrq:nre immrdr+t��+a}•ment m fu11 nf all sums
<br /> , ,1i ,,+, secured b� this 5rrur�cti Ym�crument. Nowever, c'�;��rs��n shall no� he eter.i;e�i �� l.endrr�f esetc�se �s prohihited b.
<br /> , , ..,s,`�'�"A''r federal lav►a<,�'nhe da�e of th�s Secunty Instrumem.
<br /> If�.�,^crr exercises this option.Lender shall pnr Borrrwe-r..�::re uf a.relerahon Thr r.;�txe shall pmu�dr a�+e�4T:�
<br /> � •:± , � of not less r,L�a^30 days from the date the nouce�s del��ered or r�a::r�W tt h�n w h�rh f��rrower mv�t pay all sumti secured��.
<br /> � '.'`,'�'.'.��;•': this Secunt}�Instrument.lt Borrower fady to pa}�hesr cums pnor ro thr eapvan��n��f t hn pencxi.Lender may mvoke any ��.,�,. . . .
<br /> • � •��° remedrcs pertnuted b!thn Seruntc Insttumen�w�nhout furthrr n�t�ce or Urmartd��n Hc�rmW er. • • ,
<br /> , i 1Y.Borrower's[ti�ht to Reiwt�te. 1(lic►rraaer mert�rertam�und�cu�n�, F�irrower tihall have the nghl to have
<br /> ; enforcement of th�s Secunt} (nsuumertt di�onUnued at anp ume pnor t��tne eari�er ni �ar=aarti iur sucn vincr pci�ui:i
<br /> Applicabk law tna��spec�f� for remYt��emrnt 1lxfore�ale of the 1'ropert� purw�nt to an} puwer of wle contamed m th�t
<br /> ' ; Secunt� Instrurtxnt.or(b)entry af a luJgment enforcing thi.tieruntc In.�rument Th�ne cnnduinns are thal Borrower
<br /> � (a)pays Lend.er alt sumg v►hech then woutd be dae under thi� Serunty Imtrurr�ent and the Aiote had no uccelerouon
<br /> � oceurced:(b)cures any def�ult af am other cc�vmants ur agreemenls. !:►�ay. alI e*pentie+ �ncurred m enforcmg�hu
<br /> � • Secunty Instrumenc. �n��udmg, but not hm�teG n�.caawnablr�ttomeys'!�.�n�t�d) takn wrh �ct�on r+s Lender rtwy
<br /> , ' � rpsonaB[y requftt tn aysure that the I�en of th�s Se►:unty In,rrument. Lender'� nghry m the Pmperty and Dorrower'v
<br /> ' � obhgapon to p�y the sums u�ured by th�� 5ecuntp Inrrrumrnt titull c��nnnue unchrn�d l'�n remstatemeat By
<br /> Borrower,rhis Se�:unrp Lngtrument and the obhganuns+eruraf hreeby�hall rCm;un fully efiecu�e a+d no accelerauun had
<br /> � octutted.6Eoweaer,rhis n�ht to ransute shall not appl� m the case of acceleran�m under paragraphs I 3 or I7
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