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<br /> ' if Laider ra9nirsd morti�e iasuranoe u s cuadition of tna�E the Wan secured bY this SecuritY:Instmmmt. ,
<br /> HorraMa slnll paY tlx Premiums r�4�.tu maiauin tbc iawru�ce in e�'act untiT svch tmae as tt�e ro4turaneat for the.
<br /> insuraneeterminacs in a000ridanoe writh Bocro�re�sand Lendcr's�vrit[ea asreanantoragplicabkb�r.
<br /> —_ S, �. i.aida or its aamt msy make rezsatabk entries apea aad iaspecaons of thc Propercy..t,ender.�
<br /> � shailgive8orm�vanaticeatthetimeoforpriorto�uiappectioaspocifYi48�bkausefortluiespection:
<br /> ! C�ipratio�. The praceeds of any ivud or cl�im for damsEa.diraK or conseq�eatul.in connection witb
<br /> aay condemnation or other cakin6 of any part o[the,Propaty,or for cenvey�nce in lieu of candemnarion,are IuKeby
<br /> sssi�ned and si�a116e p�to Larda. -
<br /> - . W t6e cwent of a cotai aTriag of the Property.the procaeds sh�ll be appliod to t6e sums savred by this Secvrity
<br />- Instrumeab�bether or not then duG with ar►y excess paid to Boaoarer.:Yn the eva►t af a psrtial taking of t�r Ikoperty.
<br /> unkss Borm�►rer and I.ender ot�errvue israe in.�rritinE.tl�e sums secured bY tbis.Saurit7►[nsuummt shall be rcduad bY .
<br /> the amount of the procads mnlripliad by tTu�foilo�ving ftactian:(a)the totat amount.of the swns secuned immedi�tefg
<br />_ = befare tlte taking,divided by(b)the fair maricet vatue of the Piroperty immodiatdy 6lfrne the taking.Any balance sT�all be. -
<br />-..., ptid toBor�awec.
<br /> - If t6e Propercy is abandonod by Borro�ve�or i�after norice by Ld�da to Borrower that tDe condemnor affers to = --
<br />,:.�`� make an awrard oc settle a claim fnr damiBe.s,Botrowu fa�s to respon�m l.euder within 30 days afiter the date the notice is =__
<br />•: .... atha to r�stnr�m e�s�pair of the Property or
<br /> `'�.given,Ltnder isaathorized toco}lect and apply the proeeeds.ai iue�Erooe, � , _: ��--
<br /> _ tothesumssecaredbythisSrcuritylnst�rtsnkahetliaornocthmdu� � �
<br /> Unlas l.eaderand$�srawer�ise a8�ac��riting,�ny applicationo�grcacxeds to princip�l st�all not extend or i��---—
<br /> postpaae the due date of�fie�nunthly�sF�ssfa�re�to in P�6�Phs 1 and 2 a�rl�ange the amourn ofsoch paymrnts. =�..:_�
<br /> 10. Borruwa Not Aelate$Faie�oe�•BF I.�ider Not.a Wai�er. "Extmsion of the time for psyman ot _ ._
<br /> - _ � iaudification oP amortization of tha su�xss secare�bY tLis�curity�nst�mrnt gcaatod by Lender to a�ry successor in ���-_
<br /> a interest of Borrower shall not operdte to rda�se the tiability of the�ginal Borrower or Borrower's su�is in inteces� ��:`��
<br /> _' - "� �.endu sball not be requiral to commence praceed"mBs against auy sacces.sor in interest or refuse to actend time for �.;���
<br /> _ - =_- - - _- - - - •ts�tsurnent ��of any demand:::� .__ _. . �_ . _
<br /> �-': --- ..=Faymrnt.or_ofherwisemadifyataprti�ationoft�esurnssecurec�8ythisSecutit�, , �i _
<br /> y��-t ..,
<br /> by tbe original Boaower or Borrower'ssuccasors m mterest.Any t'orbeivanceby I.eriJer in eae�cisinganyright�rrtma�9- �-- - � :
<br /> _ s6all naf l�e a waiver of or precWde the exercise oiany right or remedy. �e covrnanu and agraments of � #. 'G` .�'4
<br /> � 11. Sacca�ors a4d As�s Bouad:Joiat and Se�enl Idabiltty;Co-stBners. :,��'_-
<br /> .i this Security lnsuumrnt shaU bind and beaefit the successars and assigns of Lenderand Bomna�er.subject to the provisioas ""T?�
<br /> �`;.� oP h 17.Borrov�es s covrnanu and agrames�tssha116e jnint and several.4np Borrov�er aho casigns thi�Security �"��.�
<br /> P�S�p 8a8�S� �e�._
<br /> Instrument tiut does not exeeute the Notr.(a)is co-signing this Sccurity Iristcurneist aniy ta mnrt nt and convey �r�•-�--_
<br /> �� ` that Borrower's interest in the Property under the termc oFthis Secusity lnstrunseni;(b')is not nally obli ted to y T'�
<br /> -; Porso 8a Pa • 1 '��;.�a.
<br /> - i l� the sums soc�ued by this Security Instrument;and{c)agras that ixnder and any other Borrower may agra to eatrnd, ___
<br /> so u
<br /> , modify,fosi�ar or make any accommadations with regard to the tenns of this Security Instrument or the Note withouc ° 3�:u__�-
<br /> � �' that Borrowe�s consen� 'y�
<br /> . �::�-:,
<br /> 12, Loaa t,'huges. If the loan secured by this Security Instrument is subject to a law which sets maaimum loan ���-
<br />' - charges, and that law is Bnally interpreted so thax the interest or ather loan charges coUected or to be wllected in _
<br /> connection with the loan eaceed the permitted limits.then:(a)any such loan charge shall be reduced by the amount
<br /> necessary to reduce the charge to the permittcd limit;and(b)any sums already collected Gom Borrower whicb eaceeded ..
<br /> . petmittod Iimits will be refunded to Borrower.l.ender may choose to make this refupd by ceducing the Principal awed _ . , _
<br /> •"° r'� � under the Note or by making a direct payment to Bbrrower.lf a refund reduces principal,the rcduction will be treated as a .
<br /> :.°: c` partial prepayment without any prepayment charge under the Note. .• . �
<br />�� `�� 13. I.egislation Affecting I.eader's Rights. If enactment or expiration of appNcable iaws has the effect oi -. _
<br /> � ,,,�r rrndering any pravision of the Note or this Serurity Inss�ument unenforceable accordiag to its terms.Lender,at its option, , .
<br /> may requtte.�mmediate payment 'sn fa11 af all sums secured by this Security In�irument and may invoke any remedies
<br /> ' • - permitted by paragraph l9.if Lender caercises this option.Lender ghaU take the�teps specified in the second paragraph of _
<br /> . patagraPh 17. � "
<br /> • !4. Notica. A�ry nopce to 8anower prov�ded for in this Security Instrument s h a l l b e given by de le��a g i t o r b y _
<br /> � mailing it by flrst class mail unless applicabte taw requires use of another methad.7'he notice sha11 be direated to the ; `
<br /> Pro p erty Address or any other addresc Horrower designates by natire to l.ender.Any notice to Lender shall be given by �•�:�;•.`',
<br /> � fitst ctass mail to Lender's adaress stated herein ar any olher address I.ender designates by notice to H onower.Any notice
<br />� #= provided for in this Socurity lnstrumrnt shall be dcemcd to have ban given ta Barrower or l.cnder when given as provided ', . . • �
<br /> .�_� _ ,�;,;
<br /> • >- in this paragraph. • • ,
<br /> - - #.,;:�:;, IS. Cove:aiag I.4w;Stvttability. Th1s Servsity lnstrnmem chall hr gayemed by federal law and 1he!aw of the �;::'��. _
<br /> � °- ����:�`�" jurisdiction in which the Property is tacated.ln the event that any provision or efause oP this Security lnstrument or the f;
<br /> ,,,_�":'•.�..;a� Nota eonfliets witb applicable law,such conflict shall not affect other provisions of this Security lnstrument or the Note � .
<br />�;��.�_�,. .. '';P�; � which can be 8iveo efE'aK without the canflicting provisian.To lhis end the provisians of this Security lnstrument and the
<br /> t;�:�,. � Note arC declared to be severable.
<br /> ' 1-f�<4. �.�� �
<br /> , �:;�.:,:,:_� � • � "16. 8orrower'sCopy. Borrawer sha1)be p,iven one rnnformed capy af tho Note und oP this Securi:y lnstrument. �
<br /> '�`� '�""' ' '� 17. Traesfer oP the Prooerty or s Beneflpa1 feterest in Bonoxer. If aIl nr any part of the Aropeny or any .
<br /> .i:. ...:::.:.... . .I; ,�.
<br /> ' M'i'`t`� ' •interest i�it is sold ar transfecred(or if a beneflcial interest in Borrower iv�old or transferred and Borrower is nat a natural � .
<br /> � �i����-,= :; � �
<br /> ;�+:!�"""=.° person)withaut i.ender's prior written amsent.Lender may.at its option.requirc immc�Si�te p3yment in Pul!af all sums �,
<br /> • ,;;'�� ''.��w-�r..•`-. secured by this Secu»ty Instrument.However,this option shall nnt he exe�cised by Lendzf if exercise is prohibited by .
<br /> ..,.._--,.•��.�.. -.
<br /> "�� � •` � � federallawasoFthedatCOt'thisSecuritylnstrument. ` " .,
<br /> b-i=,;_,..... . � V,;...
<br /> ; �,., ., = lf'Lendet exer¢ises this option,Lender shall give Harrower no�ice of accdleration.7he ttu�ice shali prnvide a periat t:•.
<br /> , 3.-;:�;;.�. ', otnot less than 30 days from the date the notice is delivered or mailed within whidh Barrnwcr must pay all gums securcd by
<br /> "'"''�' ;" ihis Security Instrument.lf Borrowtr fails to pay thae sum�prior tn thc expiratinn af this pernxt,I.ertder may invoke uny � " . .
<br />`' '�`•"""�"` remedies permitted by this Security Instrument without further notice or dcmand on 8orrowcr. � •.
<br /> - - �- 18.Bonower's Right ta Reinstste. If Bonower meets certain cnnditions,8onawer tihall h�vc 1he right to have ; _
<br /> � � .`�; � enforcement of ihis Security lnstrument discontinued at any time prior tn the eartier of:(a)5 days(nr such nther period as `
<br /> . • applicable law m�y specify for reinstatement)before sate oi'the Propeny pursuant to any power vt'sale�ontained in this ;
<br /> •' � Secntity lnstrument;or(b)entry of u jndgment enforcing this Security Mtitrument.Those cunditions are that Hnrrowet: i
<br /> - - . ' (a)puys l.ender all sums which tben would be due under this 5ecurity Instrument and the Note had nn uccefer�tion
<br /> • "�! �' � � occutted;lb)rurr,�any default of anq other covenant9 oF,agt'aments;(c)payti all expensey incurred in enforcing this .
<br /> �,;*� '"� ' ' Sarurity lnstrument.including,but not timited to.reasonable attomey+'fees;and(d)takes such action as l.ender may `
<br /> -- - - -- --,�"'-:_-- - ��sortabtyr reqaire to assnre thrb fhe Ilett of�h'ss Stenrity tsistru�sene.Lxnd�e's r��ia the FrapectY c�nd I�+rmwer'< �_-_::___-._,:
<br /> � . :�,�: � • obligation ta pay the sums secute� by this Security lnstrument sdall continue unchanged. Upon retnstatcmeM hy . ,
<br /> �6 . . . . ' . Borrower,this 5ec�uity Instrument and the abligations secured hercby shnll remain fu11y effective as if eo arceteratidn had
<br /> . �__._�. _y�'�� occutrtd.However.this right to relnstate sh�ll not apply in ihe c�sc of acceltratinn under paragraphs 13 or 17. _
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