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<br /> �?�� . � � 91-- 102517
<br /> • • • If Lcnder requircd mort�a�e insurAnce as a candition of mpking thc loan eecurcd by�hia Security Instrument. �,��i,._
<br /> ' �. Bo�rower�hall pwy the pnmiums requirtd to m�intAi�the insurance in eflect umil nuch time ax�hc requircment for the
<br /> • �• � ; � insurancc terminates in acrnM�nce with Bon'ower's and Lender's written u�rccment or applicable IAw. '' u�i��p���
<br /> -�- • - - . 8. Impection, Lender ar its aQcnt may make rcasanable entnes upcm and mspechonA of�he Prcpeny. l.ender �I`.,-,�_T�y_ _ ._ ,__
<br /> �-- ..- -- _ .
<br /> shaU�ive Bormwer aalice A�ihe timc o f ar p�inr ta an inspec t ian apeci fyin g r c u s o n a b l e c a u s e f n r�h e i na p e ction. �J}_-_�,,�,.,, -�,�
<br /> �?� 9. Cundeme�tbn. The proceeds of uny award or claim Por damages,dircct ar consequen�ial,in connectian wit h =:�_,_
<br />,� ,; �ny condemnuian or other taking aP any pan af iho Propeny,or Por rnnveyAnce in lieu�f cnndemnatian,are hereby sr�r�:=--�
<br /> . . � assiQned and shall t�e�wid to Lender. �"��~������
<br /> In�he evenl of e tatal luking of the Pmpeny,the proceeds�hull be applied la the suma securcd by Ihis Secunty �:�"'_':�==-y�=-�_ _
<br /> �_
<br /> , lnstrument, whether or not then due,with any eaaess paid to Borrawe�.ln the event of u panial taking of the Propcny, � � ��
<br /> • unless Aarcower and Lender otherwise agrce in w�iting,the sums secured by thia Security Instrument shall be reduced by � -s�r�s��� .
<br /> .. �,x.dr
<br /> ; •' t :, thc amount aP the praceeda multiplied by the follawing Prac�ion:(a)the cotal umnunt of�he suma secured immediately �:�-..:-�•. -�,.���%=
<br /> - befo�re the taking,divided by(b)the fair mwrket v�lue of the Propeny ima►cdiately bePore the takiag.Any balance�iwll be a�� �;r�r:';s,�:'�>�-:.
<br /> ,� : �. pa�d to Borcower. �"� ��l
<br /> - iP�t�e Prupei ty is ab�doncd bp Borrowcr,or if,after notire by l.eocler�o Rorrowrr that the candemnor oflers to ?±���'����e�_:.
<br /> make an Award or settle a ctaim for damages.Borrower fait�to res�wnd to Lender wi�hin 30days aiter lhe date the notice is ��w�•'�_ —,.�.
<br /> � . � given,l.ender�s Autharized to collect and applY the pra'eeds.A1 its W+tion,euher to rrstara�ion or mpair oi'the Propeny or � ��==��.--�
<br /> .��:.��;.•:.��
<br /> ' to ttrc sums secured by ihis Securily Imlrumen�.whether or not thcn due. ^ � - -__
<br /> ' • •,. :�„' Unless Lender and Borrower otherwise agree in writ�ng.any appliration oi'proceeds to principAl shall not eatend or �' . � ��.��
<br /> ' pos�po�e the due date oP the monthly payments rePerred ta in parographs 1 and 2 or chunge the amoum aP such payments. .�
<br /> " 10. Hormwer Not Rele�sedi Forbearance Hy Lender Not a Wruiver. Extension oP the timc fbr puyment or � � ���:�=
<br /> ' modi�cation of amonization of the sums secured b this Securit Instrumem ranted b l.ender to an successor in ''''�"`"
<br /> Y Y B Y Y • e.;,.,�..�;'
<br /> • interest of Borrower shall not operate to raleuse the liebility of the originul Borrawer or Borcower�socces.cors in intercst. � L•r��'•�• � —
<br /> „ „ Lender shall not be requircd to commrnce proceedings against any succes�r in interest ar refuse to extend time for '"x�r�
<br /> '� �� . payment or othenvise modiPy amortization of the sums secured by this Security Instrument by reuson i�f any demand made i,�f�
<br /> ` ,;. �' by the original Borrower or Barrower's successors in inlerest.Any Porbearance by Lende�in exercising any right or remedy �;
<br /> '' �� ' .,,� � shull not be a waiver of or preclude the exercise of any right or remedy. _ ,,
<br /> :� �;', • � 11. Succec�co�s und Asaigns Bouad;Jolnt nnd Several I.iabilltyi Cas(Qnen. The rovenants And agreements��f ��,
<br /> .� ,E.
<br /> ' '.:�� p� �his Se�:urity Instrument shall bind and benefll the successors and ussigns af Lender and Bonower,subject to the provisions •.��,r
<br /> ------ oi'paragraph f 7.Sorrowcr's costtt�nts aad agreemeats slte!!be jeint�nd several.Any Borrower who co•siRns this Securi t y __ _ _���.�--
<br /> ��� '' Instroment but does not execu�e the Note:(n)is ca-signing this Security Instrumenl ooly to mortgage,grant and mnvey . • ,�:
<br /> •., , �' Ihat Borrower's interest in the Property under the terms of this Security Instrument;(b)is nw personally obligated to pay � f
<br /> • '' " the sums secured by this Security Instrument;ar.d(c)agrees that Lender und any other Horrower may agrce to extend, �
<br /> •� modify,forbear nr make uny accommoda�iom wi�h regard to the terms of this Security Instrument or�he Noce withaut ,. • . ,., s
<br /> ���� � thal Borrower's consent. � �'�"�'� �
<br /> � • �` 12. Loan Charges. If the loan secu�ed by this Security Instrument is subject to a law which sets maximum lo�n �+ �
<br /> ' charges, and that law is flnAlly interpreted so that the interest or Mher loan eharges callected or to be collected in � s
<br /> , � � connection with the loan exceed the permit�ed limils, then: (a) any such lonn charge shall be reduced by the nmoun� �
<br /> necessary to reduce the charge ta the permitted Ilmit:and(b)nny sums nlreudy collect�d Gom Borrower which exceeded ;
<br /> , permitted limits will be refunded to Borrower. Lender may chaose ti�muke this refund by reducing the princippl cwed
<br /> .,� :, under tMe Note or by making a direct paymem to Horrower.If u refund reduces principal,thc reductian will be treated us a � _
<br /> peniai prepayment without uny prepayment charge under the Note. . .� _
<br /> 13. Le�tlelatton Af�ecting I.ender's RiRhts. If enuctment or eapiradan of upplicable luws has the effect of , _.
<br /> �� � rendering any pravision of the Note�►r this Security Instrument unenforces�blc uccording m its�ermti,Lender,at its op�ion,
<br /> '��`'�,' ' � � � may require immediate puyment m full of all sum�secured by this 5ecunty In.trument und may invuke•ruy r�ntiedics
<br />.�•{.,i,. •� _
<br /> . ,' ` permitted by pucagraph 19.IP Lender exereises this opiion,l.ender shall take the steps specified in the second puragraph oP ; �
<br />���;;',1,;:� •i pategrstph 17. . . .
<br /> �.., � .
<br /> ,�� � � 14. NoUces, Any notice to I���rrower provided fi�r m this Security Instrument xhall he given hy delivering it or hy
<br /> : mailing it by flrvl c1acK mail unless applicable luw reyuires use of nnother methud. The notice ahall be directed to the �
<br /> • ';';; � Property Addrrss ar any rnher address Horrower designatc�s by notice to Lender. Any notice t��Lender shall be given by
<br />� ' �' •' � �.. , � ' , Brst class muil tn Lender'c address stated hercin or any uther nddresK Lender designatrs hy nolice to Aorrower.Any notice
<br /> ` ;;;'' ; ' "�'' ` '• p.ovided fix in this Serurity lnstrument ghall he deemed ro have been given�ci Bnrmwcr or Lender when gi�•en•rs provided !
<br /> .. - �Y'ii�q:',;:,-,�•'';':� � ..
<br /> , .i.S?;:�'r��::.. �.i inthispnragrnph. .
<br /> � :,,.�;,�•. , 1S. Gorerning Iaw;fieverAbility. Thi�5erurit}•lnstrument sh•rll be g��verned hy federal law und the law of the
<br /> ;. . . jurisdietion in which the Propeny i�located.In the e�•ent that nn�•prcwisu�n��r cluuse of�h�s Se�unty Instroment or che
<br /> •, Nrn�eonflicts a•ith applicablr law�,such conflict shall nc�t�flect other pm�i�iom of�hi�5erunty Imtrument ur the Note ,
<br /> which ran be�i�en elfect without the conflicung pr��vicion.To�his rnd the�mv�sian.r af th�s Szrurit�•Inctrument und the • ;;;.
<br /> ' Note arc declarcd t.�be severable. ,
<br /> ����'�:;'�^', �, ]6. Borrower's Copy. Horrow�cr�hall lx�iven�ne conformed c��py af thc Note and��f this Security Insttument. ,
<br /> r,•:�.:• �'��` 17. Trsmsfer ot the �'rcperty nr a BeneHciyl Inte►est in Borrnwer. If all c�r am pan uf the Pro�rty �r any �'
<br /> � ��:���"i�-�� interest in il is tiold or tranvfzrred wr if a lxneficial interest in f��rrnwcr i��oIJ ur transfcrrcd and Ii��rrne•er i�not a naturul •
<br /> � • }�rson)w•ith�ut Lend�r'x prir�r wniten cnnsent. Lender m•ry,at itc�pn�m,rcywre immediate paymem in full of a11+ums
<br /> serured by thiw Serunty Inrtrument. Hoa�r�er, thi�i�tiun tih�ll n�� he exrrc�red h} Lender�f'exercise i�ptnhibited by
<br /> federal law as nftfie dAte of thiti Securit�•Ins�rument. ,
<br /> I(Lender exerc�sc��hi�optwn.Lendrr�holl gna d��rrou•er n��nc���f a;czicration.7he nc�nre shall prm•ide a�ricxi .
<br /> + �t'n:�:9.�ti rfiam?0 days from tFe date thc nc�uce i�Jcli�ered nr mail:d w uhin w8ich Bormwcr mu�i r�y all sums�ecured by
<br /> this�ecuritv Instrument.If Hnrrc�wcr fi►il+1��pay th��c sums pnur li►the ezpiralion of t:��,r+eriod.Lende�may in��nke any '
<br /> remedies perrre�[red by this Scrurity Imtrumen�W ith�wt further nrnice ur demand an l3��rr<�wer.
<br /> 18. Borrower's RlRht to Reinstnte. If Harrow�er meet��ert:��n��mdiliom.Bormwcr tihali ha�c thr ri�fi:10 II.1Vl'
<br /> � enforcement of this S�tiurity In.trument disrontmued at uny umc priar t��ihe carlicr�f:lal�day�+I�ir.uch other penod a�
<br /> •applicable law�may tiperify for remslutemrnl)hrfiire wle i�f the Proprr�y�purwan�r�,�n}power of wle can�a�ned m t his
<br /> 5erurity(nrtrumem;ur(b)entry af a judgmrnt enforc�ng this Scwurity Imtrument Tho.c rnndmuns are th;�t (�rmw•er.
<br /> ' (al pays [�ender nll wms which thrn woulJ Me due under tMti �urrty In�lrument and the !Yote had no acreleration
<br /> �xcurred; (h1 �uret�ny defauh ��f•rny uthcr rwrnunt�ur agreemrntti: lc) pa)'� all capenses mrurted tn enforc�ng thi�
<br /> 5r�urity Instrument,including. hut no1 limned t��. rea+��nablr aUarnryy'fec�:and(dl lalcw�u�h acn�n a�Lender ma)
<br /> . reawnably reqwre tn aeyure�hnt the brn af thi.Sctunl�• Instrumcnt, lsnder'� ngh��in the Property and l�fnrrow�er'�.
<br /> abligauan to pay the �ums retiured b>• thi� Secunty ln�trument �hall rimnnuc unchanged. UExm rem5tatement M•
<br /> Horrower.Ihis 5erunty In+trument und the obl�gut�ans�ecurecl herchy.hall nmain fully�efferuce a�if n.i acrelerannn haJ
<br /> • �xcurred.Huw•ever,th��nght to remxtate shall not apply m the c•r�e��I'acreler:�non undrr par•rgr�ph.I 3 or 17.
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