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<br /> � If l.cnder requircd mongagc insuronce as u conditian af muking the laan secured by this Secu�ity Instrument. , . __
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<br /> ,. • ��,;'„�, , .;�`1': � Borrower shall pay the premiums required�o muintain the insurance in eflec�until such time as the rcquircment for the ''���'�-:---- . ,
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<br /> , ' � insurance terminates in accordance with Bonower's and Lender s writteo u�reement or upplicuble luw.
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<br /> 8. In�pectian. Lender or its ugent may makc reasonnble entries upon und insrections oP the Prcpeny.Lender ,„,u����_�_._.__
<br /> ,� . � � ah�ll�ive 8arrower aolice at tha t ime of or priar lo an inspeetioo specil�ing ret+eonable couse for the inepe�:tion. '- � : � � �
<br /> 9, Cond�maRdon. The proceed�of uny award or claim Por dumugec,dira:t o�consequentisl,in connection with . ..�. .. .rh:.�:,��
<br />,, �. any condemnation or other ts►king of any part of the Properly. or far conveyance in lieu of candemnation,pre hereby ,j��+'��;�_A;_.
<br /> assigned and shall be paid ta Lender, ��'' �,.'_y. .
<br /> In the event of a total ttking oPthe Property,the proceeds shull be Applied ta the sums secured by this Security ..:�w�;.;��:._m_,- —
<br /> lnstrument,whether or not thm due,with nny cacess paid ta Borrower.In the even�uf o{+artia!taking of�he Property, . ,�,,.`��_
<br /> ° unkss Bortower und i.ender otherwise agree in writing,the sums secured by this Serurit�Instrument shall be reduced by ,'.. . •.,,�����,4,r. �
<br /> ` the ama�n�of the praceeds multiplied by the following fractian:(a)the�otAl amount of the sums secured immediately � � �•+'��'•� � _
<br /> �,:�.•'.a;:�KFr ;
<br /> ` befort the taking,divided by(b)the fair merket value oP thc Property immediately beiore�hr taking.Any bwlanr..shadA 6e ' :. ,�.,,,4,r . �
<br /> .+.',.°"'�����;i,;F Peid to Borrower. ;:�-•`>a� ��.-
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<br /> � .°�;.f��•:` � . If the Propeny is abaadoned by Borroveer,�r if,s�fter notice by l.ender to Qarrower that the con�l�annor oii'ers to �
<br /> "'��,�'�'�'' ',:�';; make an award or settle a claim fur dimages.&►n�uwer fails to respond to Lcndcr within 30 days aiier ihe Ylat�ihe notice is t�� �'��.���,+`^_�
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<br /> ��,,�.:., , given,Lender is authorized to colltct und apply the prceeeds.ot its option,either to restora�ion or repair ot'the Propeny ot
<br /> �=.'.+`.;` . �� ta the sums secured by this Security I+ns��ument,whether or not then due. �J.;
<br /> � ` Unles.4 I.ender and Borrower athenvise Agree in writing,any applicution oPpraceeds to pnncipa)s'ha�l not extend or '�•�- :"•�,{:,�,$,z,,,�
<br /> • postpone the due date of the mon�hly payments rePerred to in paragraphs I and 2 ar change the amouaac oi such ayments. � , '.�:�?-'�r` t` '. ''�'-�-
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<br /> • 10. Borrower Not Relested; Forbearnnce By I.ender Not p Vldver. Extension of the ti�rme inr �yment or �:; -�,:-
<br /> �� �,���•'•t., madi8cation of amonization of'the Sums secured b this Security Instrument grunted b Lender a�an> �uccessor in - ����— � '`s�'
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<br /> ;i�. .� interes�of po�rower shall not operutr to release the liabilily t•f tlhe ariginel Burrower or flnrrawer's successors in in7�rest. , .,,, :��.;,,..��.;
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<br /> r°• •��+=:� : I.ender shall not be requirrd to commence proceedings ugainst any successor in interest or refuse ta e:�tend iimr for • ..,;;_;; ,:���Q-
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<br /> ..;S;�•:1':,�•,�:?'�;,,. payment orotherwis�modify amortization of the sums securad by this Security Instrument by reason af uny demand made ��•••,f,�,:f;' :;:±`��
<br /> ' �'�•�'��� �{�•"{+t''`•'�' by theoriginal Bonoa er or i3oreower'ssuccessors in intercst.Any forbearance b Lender in eaercisin an n M nr remedy ,, `,��
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<br /> ���"�:. . shall not be a waiver o f or prec lu de I fic e x e r c i s e o f a n y ri g h t o r r e m e d y. ;s ,;;�.�•� •,,,�
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<br /> ' " ,�.:.;�?� '1S� 11. Succesw�aad AaslgHS Bound;Joiot And Sever�l Liebility;Co��lgnera. The rnvenants and agreements of �:,';;4�},,,_ � '� �„
<br /> � � `%�,S i':�;:� !�' this Security lnstrument shall bi nd and benefil the successors and assigns of Lender and Barrower,subject to the pmvisions • y ,. ' � �
<br /> -_�,.�.:._�',�3vis,;.. R Y !':"�;;, �'�:.�±+
<br /> -_ r.��, af paragraph 17-Rorrower's covenants and ARreements shnll be joint und several.Any Bo�rower who casi ns this Securit �` `;':`�,, :.:.:��,''�`"��ni
<br /> ;� '�T ' Instrumenl bul does not execute th�e Nate:{al is co-signing this Secunty fnstrument uoiy ta murigagr,g+'uni and convcy .:, ,-, ,•�_ . .�-,-...-�:
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<br /> ' thut Borrower's interest in the Propeny under the terms of this Security Instrument;(b)is not persrnally abligated to puy .. .,, �.i., �• ;� ^,,,
<br /> • the sums secured by this Security lnstrument;nnd(c)agrees that Lendtr and any ather aorrowcr may� a@ree lo extend, l •j.�:,,.,;�, � -, ;�r
<br /> � me*dify, forbear or muke any acror�modation�with regurd to the trrms of this Security�nstrument or the Note without �. , �•. �•`•�• : �r.
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<br /> thaa fi��rrower's consent. , '••���: �' ,
<br /> i.,..''� ' 12. I.oan Charges. lf the loan secured by this Security Instrument is sub,jrct to a law which sets maximum loan . .
<br /> � churges. and that luw i� hnally interpreted so thut the mterest or other I��an chnrges collected or to be collected in ; ,,. • +.'
<br /> 'i'��' connection with the Ic�an exceed the permi�ted limits, then:(al any �uch loan charge shull be reduced by the umount ; � .
<br /> """` necessary to reduce the charge to the�ermitted lim�t;and(b)any sums already collected from Borrower which eaceeded "�•��r.�,� �,
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<br /> ,�`i�;;;;�'.;;�;`�'. permitted limi�s will be refunded to Borrower. Lender muy ch�ce�o make Ihis refund by reducing the principal owed , , ,
<br /> �� �� . under the Note or by making a direct payment to Bnrrawer. If u refund reduces pnncipal,the reduction will be treated us a ��; �:`
<br /> partial prepayment withoul uny prepayment charge under the Note. �
<br /> i. ' ' 13. l.e�eislwtion ABecting Lender's Rlghtv. If enuctment ��r ezpiration of applicuble laws hos the eN'ect of � ' .;•,;;'
<br /> � �� . rendenog any provision of the Nutc or this Se�:unty Instrument unenforceable ucrording�n its�erm�.Lender,iit its��ption. ;.'ti� ;, ��`,:.''yt;:
<br /> mny require immed�ate raymrm in full of all sums�ecured bv �hi�5ecurity Intitrument and may invoke uny remedies �,';��. •,,a', - .�,•,,
<br /> ,,.;+,''.'';' permitted by paragruph 19.If Lender exercises thix option,i.cnder shnll take the steps srecified in the�ecand paragraph of . 1
<br /> ' �."��;' parugroph 17. . .'�,,, . ,
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<br /> ' 14. Notices. Any not icc tu&�rmwcr provided for in this 5ecurity ln�trumenl shall be given by delivenng it or by �
<br /> � muiling it by Rrst cluss mail unless applicable luw requir��use of unothtr r.tethod. The notice shall be directed to the �
<br /> � Property Address or any uthcr uddre+5 B�irrower detiignutes by notice tn I.ender. Any notire to Lender shall be given by
<br /> , ;�i., first class mail to I.ender's oddress stated herein or auy�ther nddr�w�Lender d�Kignut�w by notice tu fl�rrower.Any notice ; �, + .
<br /> •• provided for in this Secunty Instrumcnt shall br deemcd�o huve been gi�en to Barmwer or Lender when given sss provided .�, :�,
<br /> . ��� ' � in this ppragroph. ��.r•...:
<br /> IS. Governing La�:Seterability. This Secunty In�trument +h•rll he Emernrd hy fi�deral law and the law of the �
<br /> ;j � . jurisdiction in which the Property is lucated. In thc event thut any pravn�un or cluu.c uf th�s S�wurity In�trument or the ' • ;�,j,�;:
<br /> S ,,,I,'.�. Note ronflicts with applicable luW�,wch conflirt�hull not aflect ather pro�ivonti i�P this 5ecurity Instrument or the Note , '
<br /> ��'��•;�'' which cpn be gi�•en efl'rct with�iut the r��nNicung pnwision. To this end�he pruais�on���f thi�5�wuruy Instrument and the � , •'
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<br /> � � ��'' Note are declared ta be sever�b le.
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<br /> � 16. Borrower's Cnpy. B��rmw•cr�hall hc gi�en��n+•.•,n(urmed c�,r}��f:hr`ote:+nd of thi�Seruri�y In�aumen�. . •;
<br /> .... .�' �' 17. Tn�a+ster of the Praperq�o� a 8eneficial Interest in Bo�roM cr. l:all ��: an} p�vt �.if thc 1'mperty or c+ny
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<br /> inteast in it i�4old or transt'�rred(or iPu heneti.ial in�cre�t fn F�rruN•cr n.��l•���r�ran,l�rrrd and&xrow•rr i�not a nutural
<br /> `• �• ,, : ��•'�"'�.' pr�4ar.�k�t�hous 1.encier'ti fir,.�r a•nren cuntient.Lender m:iy�.at n��+pU�m.rrywrr�ar+mediatr p•r}•ment in full of all sums • � � .
<br /> • �'��;.�`,'�: ,����r�e:1�.*y this Sr�ur:�} lmvumer.t Nowr«r, th�,n�ti.,n shall n�,i Fx ezr�r��rd h•. 4.�nder de�erc��e ix p�oh�biaed b}�
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<br /> �; .�r,;:•, federallax•asi�Ptheda:e�ft�hi��acunt} In.trumrnt.
<br /> � � ;' ' If Lendar rtrr.�s�K thi� opaum.l.enu'tr�fiall g��e N��rri»cer nnti�c��I'arrclrrau�,n The n^r.,;e�hall pravide a�►eri�xl
<br /> :•� '� of not lessthan?Oda}•ti frnm ihedate the not�c�i.deli�rred or mailyd��nhin w•hich K�•rr��aor mu.e�w;a Ail wrt�s«tiureci hy
<br /> th�+5ecunty Instrumen�.If lic�rrrwer 1'ail.ta pa} thc+r wmti pr;:�r to t hc rxpir:�n�m�1f th��reniul.).ender muy im•i�ke any
<br /> .f.._.L_ ..7.. n.I.n I���fH\W��f
<br /> remed�espermuted m�ea ir:un�. im�rumcni�.�iia�u��u�.���.-���iii��:�..��:::�.�.....:........ . �.
<br /> ; ' 18, Horruwer's RiRhtto Neinstate. If li��rr��w•rr►ncrt�rcrtam rand�U��n..Borruw•rr.hall ha�r�hr nght t�i hu�e
<br /> enfurcement of�h�s�erunn•Ins�rumrnt di.conniwrd at un}•tiror pn��r ia thr rarhrr��C��l S day.lar wrh��ther�xnixi a.
<br /> opplicuble Inw m��tipecd� fnr rcin�latcmcn�l hrli�rc+s�lr��f Ihr 1'ra�xrn rurwum iu am {x�w•rr�d'�alc ront:�m�Y1 in th��
<br /> Serurity In�lrumm�.i�r(b)entry��f a�udgmcnt rnti�rcmg thi.ticrunt�Imtrumrnl. Thu.r ronJ�n��m are th�l IL�rrowcr:
<br /> la) pays Lender all sum�wh�rh then wuuld Mr due undcr�h��ticYUru> Im�rument aod th� '���tr h•rd n�� arrrlrrauun
<br /> ��ccurred;(b)cuteti any�dcfault at'any ��thrr:a�rnuntti��r agrermcn��.�c1 pa>�all rx�xn+r+ mrurrrd m rnti�rring this
<br /> Secunty Intittvtnent.mc���mg,but not limued ta. rea«mublr oltornr��' 1'ctiw:�nd IJI�ok�w wrh artwn ar Lendcr muy
<br /> re�son�hly rec{u�re�o assure thut the Gen ��P thi�Secunty� Intitrumrnt. L�nder'�ri�thlti�n Ihr I'mperl� and li��rruwer'�
<br /> e�bligat►on to poc tflt �um� �ecun�d b�• this Sctiunty In.�rument �hall r�mnnue unchangrd. l'�xm rem�t;►trmrnt hy
<br /> Botro�+rer,thr�5ecunry Inslru ment and Ihc ahhgauim+xtiut�d herrb��hall rrma�n t'ulh rflcrli�c a+d na a�rrleranun haJ
<br /> � ckcurred.HoRe.�er,this ngh�to remslote Shall ni�t apply in the ca�r���acrelerau��n under�arugraph�13��r 17
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