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<br /> . � If Lender required mongaae inaurance as a cond�tian af ms�king the luan srcared by �his Security Instrument,
<br /> � .. �rrower�hwll pay �hc premiums required to m�intAin thc insutAnce in eflec�until auch�ime A�the requiremcnt for�he � ��-•�--,-.�_,��_,.:�..
<br /> ' '� in�uranco�eRnin�tes m rccoMunce wi�h 8orrows�'s and Lender��ntun a�reement or applicable law. � ' ` �
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<br /> � 8, lospectton. I.ender or i�s agent m�y make rcason�ble en�nes upon and inspections of the Pn perty. Lendcr
<br /> � , ... shdl R��•e 8arrc�wer nulice�t thc ume uf or pnar to un iospection speciPying rensonnble rausr for the inxpeclion. ---__-_ _. ____.,_ _ _
<br /> •� ' 9. Caidema�Noa, The proceeds of uny aw•ard ar cl�im Por damages,direct or consequential,in caonectian with �i:�.�.i�a�ta�.�e.-x�'�,
<br /> • ' � ' any randemnation or ather takin�of any pan o f't he Property,ur fm cunveyance m l i e u a f c o n d e m o p l i o n,a re hereb y �` �'� � •�• '• �
<br />`�' � • . • assi�ned And shell be paid to l,ender. �°`'�"�"�_`-°
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<br /> '�, In the cvent of n totol �aking of�he Property,the procecds shall t+e upplied to thc sums secured by�hic Security ,•, �� 4t dFR R� ' b/
<br /> ec
<br /> In�t�ument,whether or nat�hen due,wilh any eacess p�id io Borrower. In�he event of a portiAl taking af�he Property, +
<br /> � unless Borrower and I.e�der rnherwise agree in w�iting,the surnt securcd by this Secunty[nstrumont shall be reduced by ��,.;�..Y�,1�T:i-
<br /> Ih�nmount of thc praceedc multiplied by the follawing Praction: �u)the total omount of the xums secured immediately
<br /> before thc tukin ,divid�d b (b)the fai�market vA1ue of the Pr rt immedia�cl before the taking.Any bal�nce shall be �-��� "'.`"° -
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<br /> .��._� , paid to&►rrawet `-
<br /> If the Propeny is abandoned by Dorrawer,or if,nfler notice by Lender to Qorrower thut the rnndemrtv�uffers to �•� ���•
<br /> "�-` '"� ����
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<br /> • make an uward or settle a clnim Por damages,ibrrower fails iu respond tu I.cnder within 30 days aEter the date the nvtire is a��f•�L���
<br /> � � given,Lender is nuthodzed ta collect and a ly the rceeeds,ut iis u tiun,ei�he�w rr�toratiwn or repair of the PropenY or �"" � —=-
<br /> , Pp P P t'troat:.1L��°
<br /> to the sums secured by this Secunty Instrumcnt,whether or not tben due. �Y��
<br /> ' Unless Lender and Borrower othrrwise agree in writing.any app ficution o f pmc e�l s to prenci p a t s ha l l n o t e s t e n d o r �L :,. � '• s.r.._.....
<br /> . postpone the du.e dr�te of Ihe monthly payments rePerred to in parugraphs 1 and 2 or change the amount of such payments. � '�-�'�"��t
<br /> i�..�-, ;-.
<br /> l0. Borrowsr Not Reka�ed; Forbearance By I.eader Not A Woiver. Extension nP the �ime Por payment or ;;�;s�•�,�ia,..�
<br /> • � modi8cation of uceecxtization of the sums serured by Ihis Security Instrumem granted by Lender w any successor in , .• -
<br /> �� �. interest of Bonower shall not opers�te to rekase the liability of'the original Borrower or Borrower s surcessors in incerest. _ . -
<br /> '' • [xnder shnll not b e rcquir e d to commence proc e e dings againsi on y successor in interest nr refuse to eatend �ime far � ���
<br /> ° � paymentoratherwisemndifyamortizetionof'thesumssecuadbythisSecuritylns�rumen�byrrasonot'anydemaew],ae.ade , ��-�"
<br /> ,«'�t;�'t'"---
<br /> , . by the original Borrower or Barrower's successors in interest.Aay forbearnnre by L.ender in eaerrising anp right or c�medy �� , . ..
<br /> '• •� shnll not be n waiver of or preclude the exercise uPuny right or remedy. ��'°�'• ,_
<br /> 11. Succescon and Arai�Bound;Joiat aad Severa�Liabillty;Co-signere. The covenam.and ug�ermems of �`° �
<br /> this Security Instrument shall bind and benefit the succasors and ussigns oP Lender und&�rrower,subjeet to the�*rovisions � � �� �
<br /> �i$�
<br /> ' oP paragraph 17.&�rrower's covenants and agreements shall be joint and several.Any ii�inower whu r.tisigos th�s Security �r�; _
<br /> ,� - -- ina�rumcnt bui daes nai cxccuic the!dase:(sD is t�-zig.^.isso th es 5scunty lnatn�men��>m3ti r.�mongage,grnnt ao�convey �'_��_'` ._''.-`��--_
<br /> � ' �hnt Borrowt�'s ialerest in the Propeny unde�the terms of thisSecurity Inslrument;dt�)is nrn pec�n�aaNy obligated to pay °p�T•_-: "`"'-
<br /> • � ,;.:..
<br /> '���Y;;} r , the sums secureiE k+�this Security Instrument;und(c)agrees thot Lende�uad any�ti�ea D�nrroa�c ma}•agree to extend, �� >.: "`
<br /> 'f• , modiFy,forbear ce� mak e ar+� accommodations wnh regA�d lo the terms oP this Seeurie}•in�trumene��r the Note withaut �
<br /> � t . , Ihat Borrower'sconsent. � � � +
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<br /> , ',;�:,�:.�., 12, I.opn C'harges. 9ii vfie loan secured by thi.Secunty Instrument is subject to a law which setc ma�imi�m Inan : • ^��.
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<br /> �° .';r,•. charges, nnd that luw is finally interpreted m ths+t the in�erat or ather loun churRes rollected or to he col7�cted in �� ;, ��.
<br /> �� ' • � connection with the loan exceed the permitted limits,then: (a) uny�urh loun charge�hnll be redu.ed by the umuunt
<br /> ne�;essary�o reduce the charge to the permittec7 limit:nnd(b) any sums alre�dy collected Prum Borrower which exceeded �'
<br /> permitted limi�s will be refunded ro Horrower. I.ender muy choose to mnke thix refund by reducing the principsd owed ' �
<br /> �;�;�.;," under the Note or By ms�king a direct payment ta Borrawrr.lf n refund reducc�principal.�he reduction will be trrz�icd as a , �-= -
<br /> `��-,' =i partial prepayment without any prepayment charge under tfie Note. �i��_
<br /> � ��,',�, , .,�-::.,
<br /> • :.r�' 13. I.e�lslotion AReeting l.ender's Rights. 1 i en:a��ment i�r exp�ration ��f upplicable laws hus the etTec� of • �•-�
<br /> . ,� � .. ,i,. � �;
<br /> • � rendering nny pmvision of the Note or this Secunt�•ln�trument unenfnrceablr uccordi�g to its terms,Lender,ut its option, � ,
<br /> ,, ,•; � may require immediote payment in full cif all sum�se�ured !�y t hiti Srcunty Ins�rument und muy mvnke an y remedies ..�F,,,_..�
<br /> '��� , ' �•.�;;.;,,, permitted by{wrag�aph I9.If I.ender exercir,es this option,Lrndershall toke the steFr s�+ecified in the second puragraph oF �� • :�.• •,
<br /> . : �....,-•.:
<br /> i�`•,..`• . puragrnph 17. :�• -:t:r:�"..
<br /> ''•��• 14. Notices. An}�nrnice to Borrower prov�ded for in thiti Security Instrumerrt shaN!�given by deliveri�g i�or bp �i
<br /> , �ot.S.,,,,.,
<br /> = ' '' mailing it by first cl•rss muil unless upplicable Inw requires use of anrnher meth��d. The notice v'hall l+e dire�:ted �u thc
<br /> >. � , `� Property Address ar ony other uddress Barrower des�gnF+tes by nut ice to I.endcr.Any notice to Lender shall bt given by : , ��
<br /> • first class muil�o[.ender'suddrec5 stated h�rein or any other udJres�Lender detiignutes b�•nnticr to Borrower.Any natice �Y ,
<br /> �i • . provided for in this Secunty lnsirument shall be dcemed tohavebern given a�&�rruwer nT Lcnder��•hen giren as provided •'�,�:---
<br /> in this paragraph. •��� �•
<br /> � • 1S. Go�erning 1.a�;Seve�abi0ity. ThisSecunty Inytrurnem.hall he govemeJ h� ft(�<<AI I1N'All(I 1}1�IAR O�II1C f ,�,;}; •i
<br /> jurisdiction in wh�ch the Ptopertv i�IoeAted. In the cvrnt�hat any prm•ision ur clau�e ui thi�Sr�•unty lnxtrument or the
<br /> ' Ncite conflicts«ith ap}�1icaMle law.ruch conflict tihall niu afl�.i uther pro��itiionti i�f Ihi.Security lnstrument or the Note '
<br /> • which ran t+e gn•en eBect a•ithout Ihe conflicung pmvision. fothi�end the pru��.iom��f th�x Secunty Inatroment und the �
<br /> �� ';" �� Note�re dcclared to t+r ae.zrable. �
<br /> � 16. Horrower's Copy. 33nrrciwcr�hull be givcn cme�onti�rm��J rupy uf thr��nt�anJ��f thi�Security lnstrumenL ' ,
<br /> �' -. 17. Traas4er ot the Propert�� or a I1cneHcial Intcrest lo Fiorrower. U':�li ,�r,iny�un of the PmF+ern;r +�� any
<br /> •,� interext in it is sold�r tranyfetted(ur if a henrflcial mtrrcwt m Horrow•er i�.ulJ or tran+fcrrcd nnd fk�r.��wer is n.n a naaural
<br /> �'i� ' ,,�9 person)without Lender'x prinr wnnen�+�nsrnt.L�nder rnuy, al U���ptiun.rcyu�rr�mmrdiute pavat�emt in Pua�nf a0!cums
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<br /> ,,.'��; � � ' secured by this 5ecunty lnsl:umen�. Hv�we�er,th�y i+pt�on�hull n�n hr rxe�ri.eu hy l.cndcr if cxrrc»r a� ,roh�bited by
<br /> , •� ;� Pederai l�w as of the datz.�t t'hi�Sacur�t.lnvtrument.
<br /> ����;�', If Lendtr ex�erca�thi.��p.ton.Ixndcr�hnl)gi�e liurrcm•cr nuucr oia�retrratam The n�.uce�hall rrc*��;le a periai
<br /> � ''� oF no1 less than 3("da}s fror.::hr datr�h•t uettce ic Jcb�crrJ or mudcd u nhm K hi.h&�rruw•rr mu.t pa}all sums serured by
<br /> '� ' s ihi.Securuy Insrrumen� �f�Aorr�wer fai��a��ptq th�he tium�pn��r tu ihr ex�ir�tu�n ot thi.ren�xi.l ender mvy inviike any �
<br /> ','�. . 1 remedies nermitter3l�� thi�Strurity In��rumenl�cuhou�furth�rnouceur Jemand��n t;anower.
<br /> � � � '� 18.liorrower's RipAQ to Rcinstate. If 13urro��cr mc�:t�rrrtam rnnd�tcurt..tia�rmwcr�n•rn n•r�e tne ngn��n nave
<br /> rnParccmcnt nf tbi,Serunty Inslrument d��cununurJ al uny t imc pnnr tu thr ear[�cr��t(a)�d•ry�Inr.uch nther�nenad as
<br /> ;r � applicuble l�a may��pec�fy for«m.tutemcnll i�eli�re+uk af t he Pru�xr�y pur�usnr n� �m p��wcr��f aale cnntmm-d in�his
<br /> Security lnsrrumenr.or Ih►entry of a�udgmcnt rnl'vrcmR ih�,Sctiunty Intitrumenr Th��tir���ndmc�nti ar�that fd+�rr��aer.
<br /> la) pay� Lertder all rum�wh�ch then w�iuld tir due under this 5��unty Intitrumen� ,in�i rh� Y�ite had n�� sccrlrrutiun
<br /> uecurred:Ib)curev any detaulr of:+ny nther rwrnant� or:�grr�men��: (c) pap�all e��cn,r+ �n�urred m rnlorr�ng thix
<br /> 5e�:urily Instrument,includ�nK,hut no[ I�mi[ed ta, reasunable aui�mr��'fec�. :+nd t.fi take+wch aru�m a� Lrndrr may�
<br /> reaumnbly reyu�re tn assure that the hen i�f thi� Srcunty Ins�rument, LcnJer'ti r�ght�u� �hr Pru�rty and li�ttruwer'.
<br /> � abligation to pay the wms .ecured by thi. Sctiunt�• Imlrument �hall runhnuc unrhung��l. l'�x�n reimtatemem hy
<br /> Borrower,this Securny Imtrument i�nd the obligauum�rrureJ hcreh}tihall remam I'ull�rflctitnc a+d nu arreleranun had
<br /> �xeurred.Now�ever,th�s nght to reinsts�te shall not apply�n thec��e uf•rc�elerauun under parrgraph�I i ar 17
<br /> . � -
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