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<br /> ' If t,endes required�oo�to�R���s.�°�ition a�malriaE t��oaa sec�red by cliic security Iaauummt, .
<br /> gamo�r�r shall psy tl�e prsmiums roquiced W mainqiin the iasurance ia e�'act until such tim�as the[equiz+emenf for tbe
<br /> iasnrsncx tar�uinstes ia accordaece�th BormNa's usd I.ende�s writtea agoemeqt or apptics6le la�v. .
<br /> S L�eetio�. Lmder or iu ag+mt msy mike reasonable entries upon snd inspatiops of the PrapertY.Lender �
<br /> sh�llpveBosroRernotuxaitltietimeoforpriortosainspectionspecifyinEtasona6kcausefortheins�tion. � . .
<br /> 9 Ca�iewtio�. The pnacads af any a�rd or claim for dama�cs.direct or consequauia}.in connection with .
<br /> any madanaation ar otha takinfiof anY Part of tbe Properey,ur for conveyance m tieu of c�demnstion.are had�Y
<br />--- - as�siSnedandsUaAbepaidtoLender. ' '
<br />— � In ttse evrnt of a tatal taicing of the Fropecty,the proeeeds sha111x applied to the sums seeured by ihis Seeuriht _
<br /> Instramait,whcther or not thm d�r�.with any eaceas Paid to Horrawer.ln the eveat of a partial taking of the Property,
<br />�*- w�kss Borrowa xnd Lender ot6enviseagca in wrsidn;.tbe surns secured bY tLis Seeuriry Insuunxat shaII be ratuced by
<br /> - the a�aouat of the pmcads mnitiplied by the foltmrnta fraction:(a)the towl amount of the sums secured�immediately .
<br />°;�z before tlxtalang.diyided bY(b)tl►e fair mar�cet valae of tBe Property immediately ixfore tbe taking.Any bzlana shaU be
<br /> paid to Hoaower:. _ : . .:
<br /> If tIu P+'oPerty'is a6andoned by BorioweF�or.it;'aRef nouce 6y Leader to Borrawer that the cor�demnor oBers ts�
<br /> ` er
<br /> '� m�e aA avvard ot seule aclaim fordamaga,BarcoResfa�stoitispond to Lender within 30 daYs after the date the notice is . �_
<br /> ���'` ` . ` givrn.�.endetisautharizadtocoUoctsmdapP1YtheProo�eds,.�stscopdon:eitbertaratontionorrepairofthePropertyar �-,_____
<br /> �:,. , �"""
<br /> • tothe sums secured.6Y this Security Iasuument,wlut�eror not tfien due. - �.�
<br />--�``:� ` [TnlessLeade�andBarmwerotbecwise�ecmwritirrg an9applicatianofpracadstaprineipalstFaDnota�teador , __--_
<br /> postponetIiedde d'aae of the moathty PsYra�s sefemed to ia paragraPbs t and�2 or change the amooat ci€�vch paymmts. � _
<br /> _Ip_.g�Ra���:po�e�r�o�gy i.e.der Na s Wsher. ExteasiQn of the ame for paymmt ar '�: _
<br /> --- ' modifrcatE�n of amortia�rian of the sittns secured by this Sacurity Instrumrnt granted by�..ender to anq snec,essor in � - -------
<br /> ea
<br /> . . .�-�;•�:
<br /> - = iater�st of 8orrower svaU not operate to ietease the Gability of the original Bortower or Boirower s saccessors in intaest. .,r ,
<br /> .� ---Lender_s[iatl�sot:Iu:�requiredso ceommtenct.pxo�eeodinEg against Any succ�sso�ia interrst ar.refuse.tQ.e�Rrnd rime for � '�:�
<br /> aU �
<br /> -- � .• � payment ur ot&esa�ise ate►dify amortuatina of the sums secuted by this Socurity Ingtrument byreasaa af a�sY demar�d mrade _ , . ��� `_
<br /> . by the arig'mal Borrower or Bonower's successors in interest.Auy forhearance by Lender in.acercising any right or remedy � ;� _
<br /> � '`� shaU notbe awaiver ofor preelude tlreexerciseof any right ar remedy. ° =y�,:`';�
<br /> 1"`' 3L S�ooessars aad As��s Houad;Joint{sd Serenl LtabWty;Cusigoers- The covenants and agreemrnu of � , ;, -,��
<br /> �' this Security Instra�ment shall bind and benefit tbc succpssors and assi8ns of Lender and�oaower,subiect to the pravisions � �"�;-�'�=�
<br /> . c. . �,r:_-_
<br /> u[paragraPh 17.Borrawa�s covenants and rntss h a ll b e joint an d sev e r a l.A n y B o n o w e r w h o c o-s i g n s t h i s S c e a ri t y . �=�
<br /> al.
<br /> ' lnstrument but does not execute the Not�{aa j�igning this Securiry Instrument only ta mortgage,grant and wnvey ��'�
<br /> _ •. � �,�b�;=_
<br /> that Borrower's iniaest ia the Property undu itie terms oFtbis Saurity Instrument:(h 1 is not persa n a Uy o b liga t o d t o p a y ��-.
<br /> . - the sums secured by this 9eeurity Instruraent;aad(c)agas that Lender and any other Bonower may agree to actend, ��=:=r„.--
<br /> �r;� �,
<br /> modify�forbear or make aay accommodations arith regard to the ternu of this Security Instrument or the Note witicout ��,. {_,__
<br /> that Horroaer's conse»� , .���'�'
<br /> ; f2, Loan Cbuges. If the laan secured bythis Secunty Instrument is subject to a law whicb sets maximum loan °:._��
<br /> charges.and that taw is fmally interpreted so that the interest or other loan charges colleeted or to be coliectod in '. ;..`�'
<br /> � � `. connection with the loan ezceed the permitted limiu,then:(a)any such loan charge shall be redueed by the amount . , .
<br /> - necessary to reduce the charge to the permitted limit;and(b)anY sums already collected fram Botroaer which eaceeded _ _ _-
<br /> ' permitted iimits will be refunded to Borrower.Lender may choose to make this rePund by reducing the principal owed . . •
<br /> �* under the Note or by making a direct payment ta Bbrrower.If a refund reduces principal,�he reductio�will be treated as a .:'�,;
<br /> • • - patti2il prepayment without any prepaymrnt charge ander the Note. , „
<br /> l3. Legistatlon ARecNng Lender's Ri�ltts. If enactment or eapitatian of appticabte laws has the effect oi :•
<br /> ` a''. 4�=, rcndering any provision of the Note or this Security Instrument unenforceableaccarding to its terms.Le»der,at its oprion, ��;;;ti::`':;i:i .
<br /> , may require immediate payment in full of all sums ucured by this Security Instnrment ar*.d may invoke any remsdies , ,
<br />� ' :. permitted by paragraph 19.lf Lender exercises this optian.Lender shaU taice the steps cpecified in the second paragraph of .
<br /> ,' �Z,.: ' ParapraPh 17. . .
<br /> -_ 1�. Noticq. Any notiee to Borrower provided far irt this Security pnstrument shall be given by delivering it or by �
<br /> ��.`!` mai9irsg it by Srst class mail unless applicablo taw requires use of another method.The natice shall be directed to the .
<br /> Propersy Address ar any other address Borrower designatey by aotice to l�.mder.Any notice to Lender shall be given by
<br />� . '. 'R flrst class mail to Lender's address stated heroin or any other address Lender designates by notice to Borrower.Any notire
<br /> _ � provided for in ehis Security Instrument shall be damed to have bcen given to�orrower or l.ender when pven as provided
<br /> ' in this paragraph.
<br />. -`—'[; ,t�.;�`::�";� � - -- - IS. Go�erad�g I.aw;SETtrt�eitity. i eis 3ecurizy Insznrmrnt shas5 be���r.�rrat S�Fe:S�rp:lax assa:l::,���:of the - -— — =`----
<br /> r� . '"' aerty�is tocated.ln the event that any provision of clause of this Securily lnstrument or the
<br /> _:a�... . juris�dic�ion in which the Pro
<br /> ' ��:����#+ Noie aanflicts with applicabte la�-:such canflict shall r+ot effect other provisians of this Security lnstrument or the Note ' .�'
<br /> , ahich qn be given effett withoul the canflict�g provisian.Tathis end the provisions af'this Security Instrument and the
<br /> • ' �;"'4=�� � Note ate declared to be severabte. .
<br /> `� �;=��:`.� ' 16. Barra'rrer's Copy. Borrower shaU fsegivcn une mnformed copy of the Note and of this Security Instrument.
<br /> • '�rr:v4s�.' .17. Traester ot the Pro�erty or s Beeeflciat lnterest in Sarroser. lf all ur any part of the Property or any �•
<br />�' -��=�'���� iaterestin it is sold or traasfetted(or if a beneficial interest in 8ortower is sold ar transfcrrcd s�nd$orrower is nat a naturol � •
<br /> ',..:..r?�", .
<br /> -z s°�:��: person)without l.ender s prior written consent.Leader may,a1 its opti�n.reyuire immediate paymen�in ful!nf all sum9 � �
<br /> ��.'':=•'`�=i :� secured by this 5acurity lnstrument.However, ihis option shal!rtat be eneic�sed by Lender if cxercisa i�prnhibited by ;
<br /> �==�•� - •-` federai law as of tEze dute of ehu Security Instrument. ''
<br /> � °' ;`'"�'`H' If'Lender ezercises this aprion.Lender shall give Boanwer noiice of acceleratinn.7'hc notice shall provide a perial �
<br /> , ��i
<br /> ��:�� . of not less than 30 days from thr date the notia is delivered ot mailed wi�hin which 8orrawcr mutt yay all rums secured by {.
<br /> •• � ���- • this Security Instrument.lf Honawer fails to pay these suau priur to Ihc expira�tian af this period.l,ender may inw�ke any . .
<br />' :• remedies pemnitted by this 5ccurity lastrument without further nutice or demand un�c+rroHCr. �
<br /> _�-t,�.. � •.� ' 18.Borrower's Rtght to Reipstate. If Borrower meets cerlain conditions.Borrower shatl havc�he right to have � • •
<br /> •--- enforcement of this Secusity lnstrument discontinued at a»y timr priur to the e:�rlier oE(a)S days(nr such other pericx!as �.
<br /> �' • . appticable law may specify for reinstatement)before�ale of the Property punuent t�any p��wer uf wale cantained in lhiy ; .
<br /> � . Security Instrument;ot(b)entry oPa judgment enforcing this Security Instrument.'f'hose cond�ti��ns arc th�t Hutrower: ;
<br /> �. � (ay pays Lender a11 suTns whieh then would be dtte under lhis Security Instrument and.the Nnte had nu acrrleration
<br /> - ' occurred: (b)cures any default of any other covenants or agreements;(c)pays all expcnsey incurred in cnfntcing Ihis
<br /> � --- -� ' -1=�==-_— - - ...Secstrity Iaserument�.inciuding.bm nat limited cn, re�mnablr aitomeys fees:and(d)t�ke9 such ractiun as Lendcr may _ . _ -____
<br /> �.�.., . �
<br /> • 'f,� . reatonably tequire to assure that the lirn of thi�Security Instrument.l.ender's rights in the Pr�prny and Horrower's
<br /> abtig,ation to pay the snmc sccured by tha Security Instrnmcnt sh�l!�rontinae unchanged. Upnn reinsw�rma�t by : „
<br /> ' '' s . y Homswer.this Stcurily lnstrument and the obligatian9 se�uted hereby shall remain fully effe�:tive as if no acceteratian had � ,
<br /> • :i:.�. ..• :
<br /> . �: :., „_�� - accutred.Hawevu,thlsrigl�ttateinstateslnllnaapplyinthecaseoiaccsleratinnundesp�ragaphs13ot17. . _ _ _ _ .
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