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<br /> �f l�eadet r�quired mortpie inwr�uoe a�a cbnditioa of mai�in�tbe loaa secuted by tbis SecuritY Inttnnoenb
<br /> Bom�ver ahall psy the premiva�ceqtured to m�int�in We iasutaaoe in d[ect tmtil ancb tune it tlx teqwrdna�t ior tbc �
<br /> ins�rineetaariaussinaccoidanct�dt�Borta�ea saadLajder's Wdtt��r+ameat orappli��bte(aN.
<br /> •s. Iiqcctia-� Leader�c us a�ent msy n�t+�soRabl�muias upon ana iaspxaoos at't6e rropaty tmaa` � .
<br /> ' � sballpvcBorc�nWernotiveattl�etimeaiorpriurwaaiaspectionapaeifYia�ra�ooabkcsusefortheinspecpoQ• •. _
<br /> !. Co�idrattaM. The procads of any aw�asd or cta�m for d�arssa.diroct or coasequeatia}.in oocneetioQ Nith
<br /> aay i�ondemn=tion or wber takint��9 P����°P��Y•or for ooavryance m lieu of coadaanatioo.ue benbY
<br /> sssiSeed�dslnUbepao�tol.ender.
<br /> Ia t6e.evbat of a total pikins of the Propaty.tlie proceeds shall 6e appliod to tbe sums secured.by ibis Spcucity _
<br /> . Iasuumwt,�rhetber ot not f6a►due.�ritb any excat paid to Borro�rar.in the eveat of s putiai takin�of the Property. .
<br /> nnlas Bamova and I,mder othe�se s�ree ia�rritins.tte sums secand by this SecuritY IattruaKnt sha�be caducod by
<br /> ' tl�e amoant of the pracoeds multipliod by tLe fdlo�vina fraction:(a)the tatal aiaount of the sums securad immediatdY .
<br /> _ befa+e the talring.divided bY(b3 tLe fiir market vstue af the Property immadiate3y be�'orz tLe taicin&MY bal�t�ce�aA be
<br />_�� paidtoBorrowa. . .
<br />-:y - If the Propecty u absndonod�y Borrowar.or i�atter notice by Lenda to Borrower.t6at ti�e condemnor olt'ers to ,
<br />° n�alceanaMardor sectlea clain►for damaga,Borrmrer fiu'tstompondto Lender�vitLia 30dayssfter tbedate tt�e notice is
<br /> _= givrn,Lajder is aut6acizad ta oolloct aad appiy thc procaeds.0 its option.atber to restor¢tion or repsir of tbe Prapeety or
<br />-- - . tothesurassxured bY thisSc��rity Inst�me�,�hetherocaot thm dua - . ,
<br /> � Uakss I,eude�and Bormaer othei�seaacee ia wiiting.any application of praceeds ta prindpal shsdl not exte�d oc
<br />--N postpoae tlx due�tc af thc monthlY P�Y�ts referred to in pusanpbs 1 and 2 or cluwge tLe amouat of stuh ga9meats- .
<br />��^" 10. BarroRes Not Rele.a�e�ForDeua�ee 8�►I�der Not�wai��r Exten°°A of the timt for�yment or
<br /> - modification oP amorti2atiaa e�the sums securod by this 5ectuity Instrument gcautted by Lendet ta any successor in • �,�
<br /> • ' i.atenst of Bortower sliall net aperate to release ttie liability of the origiaal Hosawer or Borro�rer's successors in interest. _-
<br />--°-- - - --Leadet�halt�aL6re_reqnirod tt�_cmrmienoe_Ptuoeedi°ss e8ass�st�nY�in iatetest or refuse to extrnd time�or °._--
<br /> - p�ymer►t ar atherwse moctiCy amorti�tian af the sums sxured by this Se�.*rity lnstrument by reason af a»Y demand made � ' �=--=-
<br /> �_--
<br /> iry the original Borrower or Boaowds successora in intercst.Aay Corb�ce by Ler�der in a�ercising any dgLt or semody __-
<br /> sball aotbea waiverofor preclude the�xercise ofany right or remedy: =_
<br />' � il. Socceston iwd As�i1P��b:JoLt a�d Seatat I3aUilit9�Casi�e�s. The covenants and agrammu of __
<br />� this Security lnttrument stiatl bind and 6ene6t ihe successors and assignc�Lender and Borrower,subject to the pro�ans =
<br /> � of paraBraPh iT.Bo�o�ver's covenants andagrreemmts s h a 1 1 6 e joint a u d�e r a l.My B o r r ow a w h o c o-s i g n s t h i s S e c a r t�
<br /> � - Instrument but d�es not exxute the Notc 6a}is co-signiag this Secnric��.�sstrumrnt only to mortgagG gcant and comey
<br />- that Boaower"s u�rcst in the Psopecty undec the tertns of tbis Seeurit�r.li�s[rumait;(b�is not pasonally obligated to pay �
<br /> ` . - the sums securod by this Seciarity Instrument;and(c)agras that Lendef and any ottser Botrower may agra to eaurnd. �,
<br />; � modify,forbear 4r.malce any accommadations witb regard to the terms oi this Socarity Instrument or the Note without' __
<br /> a . thst Boaower'scansent. �=_
<br /> ' � l2, I,o�w L1�srypes. If'the loan secured by this Sccurity lnstnmsmt is subject to a law ahich seu maximum loan
<br /> =�� charges.aad ihat law is finally interpreted so that the ioterest or other loan charges coltoctod or to be collected in �=:.
<br /> � connoction with the loan eaceed the permitted limiu.then:(a)any such loan charge shall be reduced by the amount �
<br /> �. r�xessary to reduce tbe charge to the permitted limit;and(b)any sums already collecteci from Harrower ahich exceeded ��_V
<br /> .� pemtittod limits wil}be refunded to Borrower.l.cnder may choose to make this refund by rcducing the principal owed _-
<br /> ` � under the Note or by making a direct payment to Bbrrower.IPa tePund roduces principal,the reduetion will be treated as a �
<br />, - partial prepayment withaut any prepayment charge under the Note.
<br /> 13. I.e�istaHw Afferting I.eudee's Rlghts. If enactment or expiration of appticable laws has the e�'sct of -
<br /> rendrring any provision of the Note or this Security Instrumrnt unrnfatceable according ta its terms,l.endu.at its option.
<br /> '' • ` " may require immediate payment in full af all sums secured by this Security Instrument and may invake any remedies ,•:.
<br /> ptrmitted by paragrapb 19.lf Lender exeteises this option.Ler�der shall take the steps speciSed in the second paragtaph of ,;;;..
<br />. . paragraph 17. '`
<br /> . 11. Notices. Any notice to Botrower provided for in this Security lnstrumens shall be given by delivering it or by ;`;:
<br /> �:, Ynailing it hy fitst clasq mail unlas applicable law requires use of another method.The notice shall be directed to the ,j�"
<br /> '�:,
<br /> Property Address or any other addressti Borrower designates by natia to Lender.Aay notice to Lender shal!be given by :;,�,�,
<br />• firsc ctass mail to Lender's address stated herein or aay at�er address Lender designates by notice to 8orrower.Any notice , ,.
<br /> E ' provided foc in this Security lnstrument shall be deemed to have been givcn to Borrawer or Lender when givrn as provided . r
<br /> _....._�._- -- - ,- inthisparapranh. ,. �
<br /> . 15. Gavernieg Law;Severab�'�ty. 7'his Security Iristrument shaifi ee goverrreo by fc�irra5{ow a�.',it�::aw a.°:�.� �--
<br /> � ;�, . jurisdiction i�which the Pragerty i�c located. ln the event that any provision or clause af this Seeurity lnstrument or thc
<br /> � ' Note confliccs with appficaEl•iaw,such conflict shall not affect other prmisions of this Security lnstrument or the Nate ...:.:
<br /> j' which ean be given effect Kia�out the conflicting provision.To this end the provisiecrs of this Security lnstrument and t1�e ';:,,`
<br /> ;.. ,.
<br /> �'... ;;; Note are declared to be severable. '
<br /> � 16. Sa�e�awer's Co�y. Borrower shall be given one confarmed capy af the Nate and of thiy Security lnctrument.
<br /> '''i�C'�'�`' -• 17. lrmsfer of tbe Pra�erty ot s BeneHcis►1 Interest in Borrower. IP:�Il ar any part o!'thc Property ar any �
<br /> ' interest in it is sold or transftrred(or if a bcneficial interest in Borrower is sold ar transferred and Hvrrower is not a nawral
<br /> � K%�� person)�vithaaE Lendcr's prios written ca.ueat.lender�ttaY•at its option.require immediate pay�nent in full oEatl suzns � .:"-
<br /> ��� � '.�� secured by this Securhy lns�rumrnt.However,this opr:on shall not be exercised by Lender if exercise is pra��bitad by j ;.
<br /> . federal taw as of the date of this Secunty Instrument. #
<br /> ' , �: Ii Lender exercises this option.Lender shall give Borrower notice of acceteration.The notice shall provide a period �
<br /> ' ��� of aot t�ss than 30 days from the date the notice is delivered ar maited within which$orrower must pay a11 sums secnred by �.
<br /> � this Securiry lnstrumene.lC Bonowu fails to pay these sums prior tothe expirs►tion of this period,Lender may inroke a�y �
<br /> .�. ' . . _ _��'" «medies permitted by thisSecurity lnstrument v�nthout Punhpr natiCeor demand nn 8orrower. � •
<br /> •��``�,��::x; ... 18.Borrowe�s liigb!to Refest�te. If 8orrower meets certain candifions.Ho�tower shall havc the right to have _
<br /> `j�`t=°=';: � enforcement of thisSecutity lnstrnment discontinued at any time prior to the eartier of:(a)5 dayy tor quch other period as
<br /> �'�'�`''� applicable faw tnay specify for reinstatement)before sale of the Property pursuant to any power of wle containcYi in thi+
<br /> �-�'���:='�'�'� � Sesuriry Instrument;or(b)entty of a judgment enforcing this Secudty Instrument.?huse rnrtditions are that &�rrower: �
<br /> , � , �.�;a... , .• (a)pays Lender a11 sums whicb thea would be due undtr this'Securily lnstrument and the Note had no acceterarian E
<br /> . �`��.�;:� � occurred:(b)cur�s�ny default oP any other envenants or agraments:(c)pays all expenses incurred in enforcing this �
<br /> - - ' _-�-`•� SeGUity Iasunma�E.iactudis�g,t+ut not limited tQ re�bte attmaey,s Pees;snd(d)takes sw:h sruon aa Lender may _
<br /> � �' �'� � re�sona6ly rcquire to atsure ihat the lien ai'this 5ecurity Instrument,Lender`s nghts ie the Prnperty and F�inoweFS �
<br /> .���a�'" °� obllaaUan to pay the sums securcd by this Security tnstrummi shall continue uarhanged. Upon reinstatement 6y �
<br /> ,�:.�i .:F..� . ;
<br /> ..�. ...., ,;;i. .
<br /> ,�;,• � Botrawer,tt�is Securlty Instrument and ihe obl)gationa secured hereby shall nmain fu13y elfect�ve as ii nu arceleratiefn had E
<br /> 1�:.' - -occutred Howevu,this�ht to reinstate shaU not�ppJy in the case ai�ecrleratian undu paragaQhs 13 or 11. . ,s
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