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<br /> ,� ' If Lrnder roquirod mort�e insurmoe a�oondflic�af m�kin�tbe Iwn�ecured bY thi�5ecudty Imlrument� —
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<br /> � ;,...�_•. , 8ormwer shRll p�y�ha pre�niurns raquired to nWnuin the i�uurance in eRat until wch time n the requiranent for ebe �
<br /> ..�.. „,,� .. insur�ace termin�ta in�ocord�ncs wllh 8orraMer's and Laider's written a�arnent or applkable 4.v. �,-.—
<br /> ' ',�';'�'.-= �. I.rNedo.. I.ender or its.ient m.y a,ake►won�bk rntiies upon and inspecdons of the Ptoper+y. La�der E...._
<br /> � � shdl�ive Borrou�er natice at the time of or prior to an inspection specifyina reswn�ble cause for tha inspectiat�.
<br /> � "�'�" .�e:'.� 9. �� The praxeds of any nvard or ctdm for damasa.ditect or consoquenti�l.in connection with �""'`
<br /> �°" :'.. any ca�demnadon or other�alcin�oi�ny part af tbe PropertY. or for conveyanee in lieu of ooedemn�tioe.�re hereby -
<br /> —�'" "' , -� � �uip�ed and s1u11 be paid to I.ender.
<br /> ' ., ' ln the evmt d'a total takin�of the Property,lhe praceeds sh�ll be�ppUad�o the sunu iecurod by this Sxu�ity ---_ `
<br /> � ' ,,,�:.;'.�::' In�tnunent,wrlKt6er or not then due,vith�ny exow paid to BoROwe�. ln the event of�{anial t�kin�of tho PropenY. �. .
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<br /> • � unless Borrower and Lende�dtl�eraisa a�ae in writin�,the�ums iecu�ed by this Secunly Io�trument shall be reduoed by ., . �_
<br /> - � tba amount of the proceeds muilp�plied bgr the foUow�ing fnction:(�)the tot�l amount of the sums secured immedi�tely _ �
<br /> b d'ore t be u k in�,d i v i d e d b y(b)�6 e 6 i r m�r k e t v due o f t b e P r o p e r t y i m m e d i�td y beiore Iha�alcin�.An y bdance�11 be —'
<br /> paid W Borrower. �_;--a--`---•--
<br /> ' .;,:•. IP tbe property is ab�odoned b�r Borrower,or if.after notia by Lender to Borrower that the condemeor o�'en to s-� ,.r,�.:
<br /> ioo�{te�n awnu�d or teuk�cldm�ar dam�es,Bon�ow�ar fiub to respond to I.ender aithin 30 d�ys after the d�te the notice i� -��'y
<br /> ..- - pven.Lender ie�utboriz�to collect u�d�pply the pmoeeds.u ita option.either to r+estoration or rcpair of the Propaty ot .:�.,..:., `�_�,_,-
<br /> � ` " to t6e sum:�ocurod by this Securiry imtrunxnt.whether ar aot tben due. i -
<br /> . ' U�las I.ender aad Borrorer ahenvix sgroe in writiry.any appiicatan of procaeds to princfpal shall not extend or �-,�-__ �_~��
<br /> `;, patpone tbe due date of tbe monlhlY paymena referred to in para`raphs 1 and 2 or chan�e the smount of�uch payments. �
<br /> � ° �� 10. Borrow� 1Vot R�le�edi Ror6e�n�oe By Lader Not�W�i�er. Exteasion of the time for p�yment or � �
<br /> .�,`, modibadion of amonizuioa of the wms cecured by this Secu�ty i�trument graatod by Lender to any suoceswr in ...
<br /> ; � ° . . interest of Horruw�er thaU rwt operate to nkase the liability oPthe oriQinal Borroaer�Hon�o�rer's suooessors ia iaterat. .;;.'y':Y-'-��
<br /> :: � I,ender dWl �d be roquirod to commence prooeedings ag�insc any succasor ia� interat ar rd'ase to atand tiaie Por . •c:;:�--�--�-
<br /> .;�:.':�:, r,.. ° . psymrnt or otha�iqe modify araortintie�a oP the sums secured by this Secao�ity i nstrument by rcasa�of anY dema�d mwde � ,�;.T,-
<br /> •y .. by the origiaal Aarrowu or Bornower':successon in interest.Any for�eaPA�a by Ltn�er in atercisina any ri�ht ar remedy ` . .•, •� 't'� :'�
<br /> �, slull twt be�w�iver oPor p�:�ude the e�ercise of�ny�gtU or ranedy. ` •
<br /> � � ,.. li. S�ooeao�s�d Anieat Bou�Jolat ud S�enl Li�WUty=Co-d�s. The coven�nts and tarernxnts of •�
<br /> this Security Inurument�hal)bind and beae6t the succe.ssors and assiBns of Lender and Borrower.wbject to the pmvisions j '�� � ►
<br /> „ oPpara�raph 17.Borrower':eova�ants ae�ci agroements shdl be joint and cevenl.Any Horrower who co-�igns this 3xurity E
<br /> Instrumau but does not eaetute the Noce:(�)is caiiqflinQ th�Security Instrument only to mongage,gnnt and oonvey •r•
<br /> - that Borroaer't interest in i6e PmpMy under the terms of tha Secunty Instrumenr(b)it not perwndiy obii�nc.d to p�y f� .� .-_ _ �
<br /> „����,;�.. , ., tl�e sunu securad by this Ser�xiry In�trument;and(c)ag�as th�t Lender and any other Borrower trwy aQret e4*sxtrnd. '�"�.
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<br /> �•�;;.y;'� modify,forbesr or rtuike s��y accommodations with regsrd to the ternu of this Se�u�i�y Imtrument ot tbe T��►ix without '��:°-�!+ • �
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<br /> . that Borrower'sconsent. � ' .,�. .
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<br /> ��ti 12. Ga�C1yrRes. OJ'the loan secural by this Security Insanimen�is subject to a l�w which sets mauimum Iwn �
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<br /> '' clurga� and that law is f�naJJy interpreted so that the intercst or ot�er laen c�arges collected or to be cal�ected in - ,�,
<br /> ••�!•��� � � � ,':�r��"•�x:
<br />'s�r;' . � connection with the loan eacesd the permitted limits, thm:(a)any sueh loan c�harge shall be reduced by t6�e amount �5}f
<br /> � � neass�ry to reduce the charge to the permittod limit;end(b)any sums alrady col]ected from Borrower whixd�exceeded i c--�•�r��_
<br /> J�;;,, ' �, permitted limit:will be rcfunded to Borrower. Lender rru�y choose to make this refund by reducing the princi�l owed i �•�`i�i�,,
<br /> under the Note or by making a direct payment to Borrower.If a�efund reduces principal,the rc�aution aill be trcatod�t s � . ��"�-�,•;:�..
<br /> ''`��� partial prep�ymrnt without any prepayrnxni charge under the Note. j ��r�:
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<br /> 13. L,eaW�tloa AAeetinQ I�d�r a RiYhts. II'enactment or eapiration of applicable laws 1us the eBect ot i •.�.,��,:.����
<br /> ��us„�.
<br /> �:s '�`� rcmderina my provision of the Note or this Security las trument unmforceable acco�ding to ita terms,L e n der.at its option, � .,r. ti$?u',:�+:_
<br /> ���� � ' ma r uire immedi�te a ment in full of all sums secured b this Securit lnsa�umrn� and may invoke any remedies ' ''�'� ' •`��;'-"
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<br /> �� • ,. • .. permitted by pusg�pM 19.lf Lender eaercises this option,Lender shall take the steps speci8ed in the second pars�raph of i ••.;. �' y;�ti�^�;�..:
<br /> � ., , r �yPh�' . , �... .
<br /> `f� 1� " � ' ' '� 14. Notieci. Ar�y notice to Borrower providal for in this Sccurit�lnsaument shall be givrn by delivering it or by � ..
<br /> ' � , � •�"r�• ' ,{:, m�iling it by fint class aaail unless�pplicable law requires use of another me�hod.The notice shall be directed to�he : -.
<br /> • '•�'�!''�"�.;� .'.
<br /> ��'r{;;;!{ , '� � , Propeny Address or any o�her addras Borrower designates by notice to Lender. :�ny notice to Lender shall be given by ,
<br /> , ,�'•;Y+ .� �-�" f�qt cla4s mail to Lender's address stated herein or any other address Lmder designates by notice to Borrower.Any notice
<br /> ;;�t'��''• ' :,���;�;�1}�+, provided'for in this Socurity Instrument shall be deemed to have ban given to Borrower or Lender when Qivrn az providal
<br /> ' �:�.. '�.�'��;�:;::' inthispara�raph.
<br /> • �t•, ."•'•r'``'>•� IS. G�eroioa l�w;Se�erability. Thia Security Instrument shall be governed by federai law�nd che law of the
<br /> ° �;{'�'��4�=�� ,��ty�t�;� jurisdiction in which the Property is bcated•In the event thal any provision or claase of this Security Instrumrnt or the
<br /> `,�;•,"�;;ri:'�:•.�� � Note conflicts with applic�ble law.such conflict shall n¢�t aH'ect other provisions rt ehis Security Instrument ar the Note
<br /> • �'!;f;'�"' � ..•+;;��;.; which can be given eN'ect without theconflicting provisian.To this end the prov�s���s of this Secunty lnstruceient�nd the - .
<br /> , ., , �::,; +. Note ue dec�ared to be sever�ble. '�'.�•,
<br /> '� �'�;,� ���.F;'� " l6. Bo�ewer's Copy. Borrower shall be gwen one conformed copy of the Note and oi'this Secwnay Onstrument. ; �.
<br /> ,'�,, .,,� ;�:,, .._:
<br /> . �.:,:,f,..;;:,• 1?. TY�wa�er of the Property or o Beoeficial laterest in Borrower. If all or any par�ofi the Prmpehy or any �,..�
<br /> •��'�.'."•���'r��,�,;;;�''1;�� �nterest in it�s so�d or aransFeTCed(or if a beneficial in�eves�in Borrower is�old or transferrrd and Borr�wer as n�ot a natural ' '
<br /> ';?:;�`;f:�?r`;;r�%�, person)without Lender's�+r�ar written consent.Len�le;may,at us opuon,reqwre immediale payment ia�fu U nf all sums � ' .'
<br /> � , '�f��'�"r'''•�- stxured by this Secunty lnstrument.However,th�s opnon shall not be exerc��ed by Lender if extrc�se �s geJOt��bited by '• ' ; '�`` �
<br /> `.''���: �� federallawuoithedateofthisSecuntylnstrument. ',
<br /> �'i�• If Lender exercises this optwn.Lender sh�ll give Borrower notice of accelerat�on.7'he rte�nce s�'�a00 pre•vide a period ,
<br /> of not less than 30 days from the date the not�ce is delivered or mailed wuh�n wh�ch Borrower mus�pay a0[.�oeaea secured by � ' �
<br /> ,i this Security lastrument If Borrower fa�ls to pay thae sums pnor to the ezpiranon of th�s penod,Lender iaeag uavoke any
<br /> remedies permitted by th�s Secunty Instrument wahow further nouce or demand un Borrower.
<br /> - w-'_-•-.' t�o..�..�.� ..�.��.........d.�.....� Qnrrn�u�r c6s11 6�v�tiv ns{�f tn hiv� .
<br /> .___�. . ... . ..._. . ...�...
<br /> - . � iG.wwrvwer s nqyni w ne�w�aac. .. ............ �....,,,..�......................, ...,.._. _. -----•--- - ----..o.._ ._ ._ _
<br /> � enforcemene olthis Secunty Instrument discontinaed at any time pnor tc�the earl�tr of:la!3 d�Ys(or sucA aAer period as
<br /> I applicabDe Iavr may specify for re�nstatemrnt►before sak of tRe�ropeny pursuant to pny poaer of sak cortw�aed rrt rhrs
<br /> . Secunty Instrument;or(b)entry ota�udgment enl'orcrng rhas Sccunty Instrument. Those cond�t�onsue t[tat 6nnower:
<br /> ' (a)pays Lender all sums which then would be Gue under this Secunty Instrumem and ohe Nare h� no nccelerauon
<br /> ovcurnd: (b)cures any def�ult of any other covenonts or agreements: (cl paYs all expenses �ncurred m enforcmg this
<br /> � Secunly Instrument,mcludmg,but not hmued to, reasonable attomeys' fees, and(d)takes sw:h acuon as L.ender may
<br /> � .:� ' reuon�bly requi�e to assure th�t the 6en of this Secunty Instrumen6 Lender'.s nghts m �he Propeny and BonowePs
<br /> ' � abl�atiun lo pay the sums xcured by this Secunty Instrument shall conunue unchanged. Upon remsutemene by
<br /> ,� � � � Borrower,tlus Secunty Instrument and the obl�gaaons securcd hercby shall rema�n fully effectwe as J no acceleration had
<br /> occurred.However,this n�ht to remsute shall not apply m the case of�ccelerat�on under paragraphs 13 or 17.
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