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<br /> .� _,._ . .. . . � � �� -;�-_
<br /> 1�
<br /> .. pqnaaits qa�y ta Icrn�ar be rotptirod.�t the oy�don OF Ld�dor�if nAOrt��O inwr�nce odve�rp�o(Jn tbe an�ounC aad to!lhe perlod �
<br /> . � IMt L�c roquira)Pnuv�ded bS'ap in�ue� �pproved by L.midqr�in b�con�e�av�ilable a�d i�obtained,Bon�oww dWl�q►
<br /> d�pra�rliw'hs nquiied w nrintdn moR�qe in�ut�nar in el�Fec�.a to p�vld��la�.l+�ave�w�til the aqub�far�tp�s . . .
<br /> � iiwr�e ead�in�000rdmae whh any wrltMn�neeaient betwNa Bixrow�ar and Laidt�or�ppl�c�bl�law. �
<br /> !. �el�otlM.i.adex or iu�aw nrY m�lce�ewimble entrla upan arrd lnopecdotu of the Property. l.a�d�r�hall�ive
<br /> Borrowcr tatlon+K tho time of or pdar ta w irnpec.�tiae rpecifyln�rea�enNble au�a tor the inspocdon.
<br /> 10. Cande�n�tlan.Tbe praooad�ot any�ward ur ci�im tor datu��s. diroct or oon�cquernid. in conr�Ybn wlth my
<br /> a�ManmMbn or other WcL�of my p�rt ot We Arq�orty.or for aonvryauoo ia lieu of ooadema�tioa.�t�e G��by wl�tMd�nd
<br /> �all be p�id to l.a�der.
<br /> In the event af�tc�l takjng oP the Property.the proceed�sh�ll6e applied w the uuns�acurod by tbis Security launinoa�t. •
<br /> whdhar or na then due, with my exocu paid w Borrowor.In the evenl of A putid tticln�of the Properly in whtch Ihe tair
<br /> m�rkd valuc of the Prnpe�ty Immodi�tely befot�tf�e taking ie eqwl to or gtratler Ilwn tha amourn ai the wan�ecured by tbls
<br /> Security Inatrument immedietely befo�e�he u�king.uNess Bortower and I..ender othenvise�gree in writinQ,the wtm�acurod tiy
<br /> --- thia Scr�rdry ln�tromrM ahell be�rrduced by tiM emount of the prareds mald�NeA by �he fnlMwing fr�xi�wr. (�)tlie to1a1 .
<br /> amount of the sum�socurod immodiwtcly boforo the taking.divided by (b) the fai�market value of the Property immedi�tely
<br /> 6eforo the wking. Any balsnce shal�l bo pdd a Horrower. Irt the ovont of a p�rNal t�tcing of Uio Pmperty ln which tho fdr '
<br /> market veluc of thc Pr�operty immediatoly bcforo the talc�ng ie Icsa Ihen tlto amount of tbe su�socurod immodlatcly bcforo the
<br /> uking, unlcss Bormwer a�t I.eader dl�wisc:�gte�e in writing or unless applicabte law a�hernri�provides,the procxodi�tnll
<br /> ' be applied to the sumx socurod by this Security Instruaaent whether or not the sums aro tl�en due.
<br /> If ttio Prope�ty is nbandor�ed by Borrower.ar if.s�fter notioa by Lender ta Borrower that the oondemnar ofiers W mdce an
<br /> ' award or settle a cl�im for d�ma�es.Borrower fails to respo�d a t,rnder within 30 daya a�Rcr the date the notioe ls givm.
<br /> — - -- • Lender is authorfzed to coflect a�a�p1v the proceeds,at its optia�,eithes to�storwion or mpair of the Property or to tho snm¢
<br /> ° --- �ocurod by this 5ecurity Instrumxnt, whe�her or not Ihen due. ,
<br /> ,;i�� Unles� l.ender and Honawer athenvfse egree in wr�ting. anY apPlicali�n of prcx�cls to principal stwll not extend ar � ,. • '
<br />.;�� y., postpor�the due datc of the monthly payments referred to in paragraphs 1 and?or change�he amount of such pxyments. .
<br /> = 11.Bornower Not Release�; �beAronce By Lender Not a W�I�ea Bxtension uf ti�e�ime for payment or modif�adion
<br />�� of am�utization of the sums socured by ihis Securfty Instn�ment granted by Lender to any sueYxssor In interest of Horroveer sfi�l1
<br />= not operate to release the liabifity of the odginal Borrower or Borrower's successors in interest. Lender shall rwt be requared w
<br /> , ctm�rt�encc praceedingR egainst any successor in interest ar refuse to eatend time for payment ar othenvise modify amortizNtion
<br />•`;�� oi the auma s�xured by this Sccurity Inswment by reasan af any demend made by the original Borrower or Barmwer's
<br /> ..�— �� gucceasors in interest. Any forbearunce by Lender in exercising Any right ur remedy ahall not be A waiver of or predude the
<br /> ����' exercise of eny right or remedy.
<br />''�`u _-_ -.-�� 42. Succe�rs s�lc! Assi�c &xs:sd,.�ola! and Sestra! L3ub1!!!y.Ca-�lgncrs. Thc eavusas►is anQ agreanems af this
<br />`,�.S;�H �-` Secu�ity Instrument shall bind end benefit the successors and assigna of Lender and Borrower, subject to the provisions of �
<br /> paragraph IT. Barrower's covenants and�greemenis shall be joint and several. Any Borrower who casigns this Setudty
<br /> c.�, , Instmment but daes not execute the Note:(a)is ca-signing this Security Instn�ment only to mortgage,grant and convey that '
<br /> -- •:�{'.�,,;.
<br />- '�:F�'���,r;t Borrawer'6 interest in Ihe Propeny under the terms nf this Security Instrument;(b)is nM personxlly obligated to puy�tP�e sums
<br /> �`r�'i�^ � 1,�• secured by this Security Instrument;anJ(c)agrces that L.ender nnd uny other Borrower may agree tu extend,modify, forbear or
<br /> ..�����
<br /> ��� ��'� make any accommodntions with regard to the terms of thiti Securi�y Instrument or the Note without�hut Dorrower's consent.
<br /> � 13. l.oan Chorges. !f the loan secured by this Security Instrument i�subject to a Isw which seta maximum loan cherges.
<br /> ''�' �'�'�" � m�d that law is finally interpreted so thAt the interest or other loun charges collected or to be collected in connection with the
<br /> -,. � ,�,�!,�,� loan ezceed the permitted limits,then: (a►nny wch loan charge shall be reduced by the amount necessary tu reduce the eharge
<br /> :'� ''�4,:;�'it:':�.� �` t to tt�e permitted limit; und(b) nny sums olready ceillected from Borrowrr which excceded permitted Iimfls wlll be refundod to
<br /> �, V
<br />,�:';t'r '.; '�`��;,�,..,�. , Borrower. L.ender muy choose In muke �hiti mfund by reducing the principul owal undcr the Nate ar by mnking a direct
<br /> � '�}• ::.'�r,.,. � :'"•�'�'� : payment to Bormwer, Ii u refund reduces principal. ihc reJuc�ion will he �reated nh a partial prepnyment without any
<br /> - ..�"�•,:}'°,:,:;+K�:'M*'° prepayment rharge undcr the Notc. -
<br />_ ..�)�p5i':�(��'';':�_.. —
<br /> 4�` 14. Notices.Any notice to Borrower pr��vided for in this S�curity Ins�rument shaU be given by delivering it or by mailing
<br /> •:a,� � u•cf:.l.�.,a�.. _
<br /> �•�. ,t,:y;;,r., it by first class muil unless upplkable law rcyuire, use�if unother mcthod.The r�tice shall be dimcled ta the Property Address
<br /> �;��.r:o`��,1�. � , or any other uddress &irrower dexiRnules hy nntirc to LenJcr. Any noticc to Lendcr slwll Ix: given by first cluss mail to
<br /> _ �`�-• � ° . Lender's uddress stat�jd herein or uny other udJress I.enJer designate+by n�nice�c�Bormwer. Any no�ice provided for in this -
<br /> .:�,�f .., - -
<br /> �'•� � •:;.•,� •' •• •• Securlty]nstrumen� shall be decmed to navc been givcn to B��rr��arr or Lc�xlcr whcn givcn us pruvicled in this parngraph. -
<br /> ;. .. .,.�.,.,. _
<br /> �� ." �!'��i'„ 15. Governin� I.aw; Sevet�abflity. Thi. Scrurity hixirumcnt tihull lx governed hy fi•derul law vnd the law� of the
<br /> ,r.. ,.:,...
<br /> :_ . �:���;�'. .. jurisdiction in whirh the Prop�:rty is IocalcJ. h�thr rvem th:u uny pmvi.i�m or rl�u�c �►f this Serurity lnstrument or the Note
<br /> •c_`�;;;;: y �. �•,� •• conflicts wi�h npplicable law,such conflict shall no�afl'ect uther pr�wisNma��f thi.Seruriry Ins�rumrnt ar thc Nnte which cun be
<br /> ; .;"� �sr,i,,�,
<br /> pf,�Y,,�+,•� givcn effcYt without the cnntlicting pruvisiun. To thi.enJ thr�ro�•i+iom oi this S�tiurity Inct�umcnt and the Note ure declared
<br /> �'�•, �r:�i..,+,;,.,
<br /> ��;'�; �,,.i'tt��•:�; �. to be sevemble. -
<br />_ �;., ;�+{`f{<�!;�,•".'!"'': 16. Borrower's Copy.&�rrowcr�hull be givrn�mc r�mG�tmeJ ropy nf thr Note•rnd�f this Security Instrumem. �
<br />- ���� �,t �,t>�il;+�,i� . Form 3028 9180
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