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<br /> ` �r� If Lender required mohg�+ge insurance as x conditian of making the lonn secured by thie Secu�ity Inslrument, � �_
<br /> ' . Barrower chall pAy �he premiums�equired to maintAin the insur,ance in efiect umil�uch Nme as�he requirement far the �.�:.K"':�'.�°�:°'"m'
<br /> ' incurance lerminates in accardance with Borrower's and l.ender's written ag�eement or applicable law.
<br /> - e, laspeetloa, l.ender or itc a ent may mwke reawnaUle entries upan�nd inspections of the Prcperty.Lender �"" �S`''°"
<br /> .. O 'iJ..:/'4 I�C'—�L`�'1
<br /> shall�ive Barrower notice at the time af or pdor to an inspectian speciPying reasonuble caure far the inspection. _:t;.��:+-��R='""°"°-
<br /> 9, Coademaatton, The proceods of aoy awArd or claim for dpmpges.direct ar cansequential,in connection wilh �.����_=
<br /> Any condemnation or ather�aking of any part af the Propeny.or far conveyence in lieu of condemnution,are hereby �rS,�==�r__.
<br /> �a_=�-=
<br /> `� . Assigaed and shall be paid ta Lender. "`
<br /> In the event of a total�aking of the Propeny,the praceeds shall be upplied to the suma secured by this Security _,�:.,,� ,�,o��q;:,,-.-
<br /> lnstrument,whether or not then due, with any excess paid ta Borrower. lo the event of o partiAl taking of the Praperty, ���.—--—
<br /> unless Borrawer And Lender othenvise agree in writing.the sums secured by this Security Instrument shal!be reduced by • - .-.
<br /> ° thc amount af the proccais multiplial by the following frnction:(a1 the total amaunt nP the suma secured immediataly �
<br /> before the taking,divided by(b)the Pair market value of the Property immediately befare the taking.Any balance shAll be t..:;,,.. . . ,-,...,,u,;•,
<br /> ,....:.: ... . paid l0 8orrower. ;�. .,�,.:�,,...:;il:,.
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<br /> • !f the Praperiy is abandoncd by HoRO�ver,or if.after notice by I.ender�a Borrower�het the condemnar ofi'ers to ,,� � ���
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<br /> � mal:e an award ar setUe a claim Por damages.Borrower fails ta respand to Lender within 30 days aRe�the date the notice is •';,:�K��:_
<br /> • •----- °
<br /> ' �;;,�:.:,_,;��4�'s•�Ma�� piven,Lendcr is authorized tocallect and apply the praceeds,at its optian,eithe�ta restoration o�ropair of the Property or . •�,�-
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<br /> rtire�f�r�i�j ��.f '�� ,• lu the gum-.sccureci t+y i his Secu-ity Instrument,whether or nat then due. . �
<br /> • ' ���i;;��!,yrvrSc�'�:�;r !� Unless L.ender and Hanawe�otherwise ag�ee in writiog,any applicntion oP proceeds to principal shall not eatend or Fr.'�' _
<br /> • • . ,i;";:����!:���i•��;;;'•'i�•::' pastpone�he due datc oP the monthly payments referrcd to in paragraphs I and 2 ar change the amaunt of such payments. ,_•�ryJf: ;.�
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<br /> • Y,,:•..+,��';: " 10. Borrawer Not Released; Forbear�nce By l.cader Not w Woiver. �xtension af the time for payment or .i;;',�•-��tf,:_�.•
<br /> ' !��;�:�j� ' � � � • modification oP amortixation of'the sums secured by this Security Instrument grented by Lender �o any successar in �:.Sh'.°''�
<br /> �{ �i� � •��.� . . interest of Barrower sh�ll not operate to relense the liAbilily of the original Aorrower or Barrower's successors in interest. ���`�`"'' '
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<br /> • , ,.'„ Lender�hall not be required to commence praceecfings against any succesxor in interest or rePu�e to eztend�ime for ,�,;,:,-:'"-
<br /> `.:,�r.:��°-
<br /> � payment or othenviee madii'y amartization cf the sums sceured by this Security Instrument by reason af uny demand made .,- ,;:,,.,;f,u.
<br /> ,._ .
<br /> � � • .. 6y the original Borrower or Borrower's sucasso�s in in�erest.Any forbearance by I.ende�in exercising Qny right or remedy ••°•�R:�.;�!_:
<br /> � �',,�::
<br /> '�. . '�,.; , ' shall not be a waiver of'or preclude the exereise af any right or rcmedy. ��"i'�';;�•�.,
<br /> ' . 11. Suceersors and Ac�igns Baund=Jotnt A�d Sever�l I.ipbillty;Casignera. The covennnts and ngreements oP ;,,,r�fE?��; ;
<br /> • ��� this Security Instrument shaU bind and bene8t the succ�ssors and assigns of l.ender and Borrower.subject lo the provisions '°�' ='��,�;�:,;;:'
<br /> �,�����-``,�'�"- of ra ta h I 7.Bonower's covenants and ugreemmde�i�ali be joini and r+tt•cral.Any 8artosser t!�ho casigns this S!M��rity ��+�"�r�'��
<br /> ' 'y' S ��'�� ''�`'��� Ins�trumen but daes nat execute the Note:(n)is ro-si nin this Securit Instrument anl to mort a e,gram and canvey '� �` '""`'
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<br /> � � � i.1�•:,���4�1ir5 i..�!�•� �•ilr:,'., '.
<br /> . . �, ,-. thut Borrower's intereKt in Ihe Praperty unAPr ihe terms of thi�Security Instrumem;(b)i�not personally�bliRated ta pay � .,,;;,. � �,, .
<br /> e.
<br /> �.��,.: .a•.C: '• ` ` ' the sums secured by this Security Instrument;and(c)�►grees�hat Le�der und any ather Borrower may agree to extend, ;...:� __
<br /> � ,. �"� .,..,.. -
<br /> � ,�.' �"' mc�dify,Porbear or make any nccammodations with regnrd to the te�mc of this Secu�ty lnstrument or the Note without �:.L,._,, .. _��=-
<br /> •� �l`'� � thet Borrowcr'a cansent. –
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<br /> • 12. I.apn C'harge9. If the IoAn tiecured by�his Securi�y Instrument is suUject to a luw which sels mnximum loan A••� -
<br /> ";.�, ' � , churges,und that law is Rnally interpreted so that the interest ar ather loan chnrges collected or to be collected in . f+ •��=_-
<br /> e.
<br /> � ,;; "� connection with the laan ezceed the permitted limitc, then: (u)any �uch loan charge shall be reduced by the nmoun� i `'j'� '�' '�h°
<br /> `�`�'' necessary to reduce the charge to Ihe permiued lim�t;and(b)uny sum5 ulrendy collected from Burrower which eaceeded , '��`�'`,--�
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<br /> � • . permitted Hmits will be refunded Io Horrower. Lender may ch�se to moke this refund by reducing ihe principal awed � ..,r., �,�'N�'
<br /> � ; � , • ;.:.•',t: u n d e r t h e N a t e o r b y m a k i n g u di rect pa yment to�orrower.If a refund reduce!i principal,the rcduction will be treated as a --•;..-
<br /> �� ,,:��:..:•:.. . � , . �.
<br /> • •^%.,:�.;....:-.:•; partial prepaymcnt without any prcpay�ment charge under thc Note. :� �' � ,•.,
<br /> ' - ,� ;'•,;�""'.t'�,�'`�''%�'•;-•� 13. l.eqlslation AfrecHng l.ander's Rlghts. If enuctment or expirat�on of applicuble luws has the eflect uf . : ',���•'�;
<br /> ' ' � ` � ' �� rendering uny provision of the Note or this Security Inst rument unenfarceable uccording to its terms, Lendcr,at its option.
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<br /> '., � '�` G'?'.••�: may require immediate puyment in full of nll�ums secured by �hix Security Instrument und may invnke any remedies �
<br /> . J� .t . A.��
<br /> ,, permitted by paragraph 19.If Lender exrrcisrs this option,Lender�hall take the steps�pecified in the second ps►rogruph of t. , .
<br /> �;� paragraph 17. •`
<br /> . � ° 14. Notices. Any nrnice te►Horrower provided for in this Securiry Instrumcnt shall ik given by delivering i�or hy �
<br /> � mailing it by Brst class mui) unless applicable luw reyaircw use of another me�hud. The natice�hall be JircK:ted to the ..
<br /> � �: Property Address ar any other nddress Hnrmwer designules by notire ta Lender. Any nutice to Lendcr shnll bc given by ; � .
<br /> �. � • 8rst rlass mail to Lcnder's address s�nted herem or uny o�her uddrrss I.ender dexignutec by notice to Honower.Any noti�e
<br /> • pro�•ided for in this Security lnstrument shall be deemed 10 ha�e bren Fiven to Borrnwer or Lendcr whcn given us provided k ,,,.t,.,
<br /> � ± ia this paragroph. • � .
<br /> � 98. GovernlnR Lww;Severability. 'This Securit}•Instrum�rm yinA)1 he gnverned hy fcdcral law and thc law of the � ,
<br /> jurisdiction in which the Property i. locuted. In the event thnt unc rmvisinn��r duuae of this Security Instrument or the �
<br /> • Note cnnflicts with applicable luw.wch rnnflirt tihull not aflect iilhrr rrnvi,ions uf'thi�5�wvrity Intitrumcnt o�the Note �
<br /> which can he gi��en eflect without the ainNirung pr�nision.To tfiic end the prov�s�on�uf thi�Seruriq•Instrument und the �
<br /> tiote are declared m be sevcrable. '
<br /> ��'• 7b. Borrower's Copy. Hurrawrr tihull hr F�ven�mc rnnf��rmrd c��p> of the�.�te and of thi�Security ln�trumtint.
<br /> � ��,1,;:•'� �i. Transfer af the I'roperty nr o BeneHcfe) Interest ln Borrower. If a1: �u cmc part nt'the f'roprn}• or any
<br /> � �'"'�''� �nterest in it is tinlcl rr tran�firred lur da lxnrtiriul uuerest in Bc�rr�a•cr i+�old ar iransferred and Hu�r��w•cr i+not a natural -
<br /> •ti ,� �'�'�'�i.� �erson)withou�+Ler.drr's pri��r wrilten run�rnt,LcnJer may,at itti��+non,requ�rr immediatr ra�r�*�n�in full of a!6 sums
<br /> � � �tcured by�fiis Sccurit��Ins�rumcnt. Hawe�•er. �hi�aptum �h�lt n��t he rxerci+td++} l.ender if erercur is prohih�ted by •, •.' �
<br /> � ''' frx:eral laa�as nf the date of thir Serun�y lnstrumrnt. �. , `
<br /> .,;;;' ;
<br /> , • ��"' ]f Lender exerci�ey thi�opnan,Lendrr tihall grvc N��rrmcrr n��t�rr uf a�celeral�un rhe notice�hall provide�pericx! ; •
<br /> � . af r.rr.;asi than 10 dayti Gom the date the nourr�+delir•ereJ i�r mailyd eithin w h�rh Borrnurr mu�i ray al)�ums ticrure�]b}�
<br /> .�.:.Cn.n�►itv Ih.rrum.+nt tP N����.,w�•�G.�I.��,n,�� �he�c.umti nri�ir to thc esniral�nn al'thi.prncxl,Lendrr may mcake an�
<br /> � remedie�permitted h� thiti Secunty I nctrument wuhout further naure rr demand un Hc�rmwer.
<br /> � 18.Borrower's Ri{�ht to Reinstate. If fk�rmwcr meetti certam c�mdinun.,Harruwcr�hull h�tr�he r�gh� tu harr
<br /> ` rnforcement of th�s Secunty In�lrument di�contmued:�t anv time�rior tu Ihc rurlicr uf:lci 1 S day�I��r surh uther penocl as
<br /> appbcable law�ma}Specdy fi�r reinsta�ement 1 hefi�re sak��f ihe 1'roprrty pur.uant u�any pnwcr nf wle c�m�:,med�n�hiti
<br /> 5erurily Inslrument.or(b1 entry��f.i judgmen�cnforcmg�hiti Serunty Imtrumrm.Tho�r c�mddi�m ure that fliirrnwer
<br /> (u) pnys Leaater al4,ums a�hirh then w�uld he due under th�s Serunt} Ins�rumrnt and the tint� had no acreleraU�in
<br /> �xcurred; Ib)cure+an) detault uf an}� olher co�enants o� agreemenfy:fcl pay�all eaprn� �ncarred in enti�rc�ng thi�
<br /> Srcunly Instrumenl, incluJing. MW not lim�led lo. re�wn�bte attorneyti fee,.:�nd�d�take��uch aclinn ac I.endcr may
<br /> rensonably requirc tn assure�hnt the lien of this ScYUnty Intitrument. L�nder"�r��F�r. in thr F'rcipe:rty and Horrawer'ti
<br /> . eibligauon to pay the sum� urured by thi+ 5erunty la�reament tihall cc+nt�n�e an�hrt►ged. l'Exm rem�wtement hy
<br /> �rrawer,thiti Secunty Instromcnt und Ihe ahligutiim�.ecured herehy.hall rrmrm lull��rffrcu�e u+if n��acrrlerau�m had
<br /> �x:curced.However,this nght to remstuteshall neit�pply m the case of accelerauan under parogruph� 1 i„r 17
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