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<br /> g ..It:Lzad`er�ra�iirad�martgage insu:aace as a conditian of malri�g the laan sacused bY this Sxurirf I�trum�t+: °�-
<br /> - Borrowa sBilt pty.the ptemiums requira!ta maint�ia the iasnraace ia e�ect until sueb time aq.tt�a tequirenea�t�fixr.tb�
<br /> -- --- — imsurance tesainates in accordance with 8onowds aad Leadds written agramwt or appiicablalaw: —
<br /> —� �_--- 8. Iss�ectiaa. I.ender or its agent may matce reasouabk asuia upon and iaspectians at'tba BtvpessYr-�ead�r• -__ ._.� __��
<br /> shaIlgiveBormwer aoticeat thetimeof�r priasw aninspectio�speeifying rnsonabtecause fastbair�spe.�tian. --
<br /> -- 9. �ond�natieo. Ti:e procads af any award or ctaim for damages,d'mct or ca�eque�stlaf�;ufi;conACrtiaa,anitli: _
<br /> - any condemnation or otha taking of any parc af the PropertY,or fos canveyance�n tieu of aoitd�m�tian..ara.b�b�•• _-
<br /> assignedandshaUbepaidtoLender. °_
<br /> . In the evmt of a tatal taicing of the Property,the praceeds shall be apF��to the sum&.sara�b�:tUix.S.��it$� �--
<br /> Insanmeat,wh�Cex or not then dua witl�any excess paid w Borrower.In the eveat of a pxrt#ul�ttd�3nB af tba Etnperty, s_-
<br /> : i,t;�.�. nnlcs9 Borrawa and Latder othecwise agra in arriting,the sams seeuied bY this SocaritY in�,tttimant,s?��li;be r�uced by. �`=�_-
<br /> , -��s:f. the arteount of.the proaeds maltiplied by the follaaing fraction:(a)the total amouat of tb�"sumsf sa�'.tiYt��itnmediateiy --=_ -
<br /> `��' ' b�'ore the taicir►g.dividod.bY(b)th�fair marlcet value of tlie Pro unmodiate! before the tR1t�t►B�.Anyt'balance shall be �"��-�"
<br /> paty' y tR1.. ��ir��-���_-
<br /> � ;'. paidtoBorruwer. ����_��
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<br /> �`;`°;i If the Property is abacdoned by Barrowsr,or if,after notice hy Lender to Borrowa thaiithe caademnor offets to ,_..�-_-.-
<br /> �.:�° . malcean award or setde a�for damages,Borrowec fails to sespond to Latder within 30 daysaftett��date the notice is ;;�;�•:�-�
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<br /> _,f���: given,Lender is authorized to coUoet and ap�plythe praaed.�,at its c,�an,eithet to restararion ar repair af the Property or �-;t-:-
<br /> ,�q to thesumssecured by t�isSecurity,�%ris�t,whed�"rar aot tf�� :-�''��xa_
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<br /> �t�� � � Untess bercdrr and$atrq�..`e'�agree ia•s*-�;�:?.��t:�,�';ieau°n ofpraceeds to principal sball nqt extead or �
<br />`����k;;i" � :.`'�.. •.�,-�one the due date of tS�;s�c�AtWY paymeats refar�*".�?:'�o��:s`���s 1 aad 2 or change ehe amovnt of sza��sayr�ents. V�='.:.{.1_�
<br /> 4��,rr :, t ' . ,� 30. Bonower Noir��z�:Fosbeuasce B���ca•.a�Wura. Extension of the time far�.say�mt ar ^;�` ,:,.;=-
<br /> �"!�r,; ';� �a�difieation o�amortiza�s:�:�nf the sums soc�ued bp:��-st-�:nstcumeat�ranted by Lender to anjr s�ecessor in ; � `.s�.�i � '
<br /> .,l;.;';�i� F. '
<br /> �,,?�;.f,. �;� '�'.' i n t e t e s t o f B o r r ower shall aot o p e rate to retea5e tbe liability ofc�cr�al Borrower or Bacrawer's successors in imerest.' �. . �,;,, ,�. �:'°'
<br /> k . `' Lendes sbari not tse.reguired to comsaertce ProC�dings agai �`Y� -
<br /> = nse.��.saccessor in interest ar•re f use to ex t e n d t i m e f c r �y s ,
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<br /> •f�_�_,.�;, :•� � p a y m e n t o r o t h e n v i s e m o d i f y a m o r t i z a d o»o f t h e s u m s s e c u r e d b y t i�i s Secvri t y Insuumen;6 y reason of any demand made ��'�` , �-
<br /> • `� . �$y the original Borrower or B orrower's suecessors in i c u .e^�s 4 ;.Any f a r b e a r a n c e b y�...�+�n_'s:�.e.i e r c�s i n g a a y ri g h t o r r e m e d y •<<�f
<br /> � �fi .�. shallnotbeaaaiveroforprecludetheexerciseofany�orremedg. � � � �j�''`; �� °
<br /> Sncca.sors and Asst B ouad;J a i a t a�S�r e r a l L i n b N t y;C o-s i S n e r s. '�c a v e n a n t s a n d a g r e e�nenu of. .. �'h�.
<br /> ,�"�'' `:��f.:t• . . 11. � r
<br /> this Security Insuumeat shall b�nd and��the successors and ,,e�s of Lendet and Bo���suEject to the provisions 'r: � ,;:-�
<br /> . -::r�g�, .
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<br /> � ofparagaphl7.Borrower'scovrnanu�r��,.-�-remer.t3si�.altbejcncs�dseveral.AnyBorrovr•ecti�ruco-signsthisSecurity ,
<br /> '`'� ` � 'Iasttument but dces nat ex_x`cqte the:�iqrr:�a?is ca-��s'a;�g this Se4..ritY Instrument only to martgage,Srant and canvey ;' ' .
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<br /> _:� .•:'; that Bonower s interest in r.�ce fi�ra �.�der tbe zecs�agthis Security Instrument:(b)is not persanally obJi�ated to pay „ .,
<br /> �' ` '�' ' - the sums secured by this 5e^°� :�y trscr�smt;an�'�c??ab ees that Lender and any other Borrower may agr�;�q extend Y.'�y`�;� . - -• ._��
<br /> %�:;��::'•;�;•�..;.';;`. modify.forbcar or make an�+accoms.;ad'at:ans with regard to the terms of this Security lnstrument or the N►�te without ��•vr�• : - ����
<br /> ' iy,[_ ln,' yt,..
<br /> • • r;• ;,". `' ;ti; thatBonaaer'sconsent. � ,;�,,.�:
<br /> • '�s`'.; ,_: . •`��'; I2, Loan Ciwrges. If the loas secured by this Security lnstrument is subjoct to a law which sets maaimum loan . • � t�`.'�•
<br />' .. _ eharges,and thot law is finally interpreted so that ihe interest ar other loan charges collected or to he collected in �:`� '..�:
<br /> �' '± � � connection with the laan exceed the permitted limita then:(a)any such loan charge shall be�educed b}:,si�amount •;`��.' � . , ..�
<br /> • ;";.,::•"�` ;,;� necessary to reduce the charge to the perrnitted limit;and(b)any s:ims alr�dy collected from Borrower wI:?•,:�enceeded , , . . ,_.:i.
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<br /> . x�.,.:..,,.Y;; ;. permitted limits will be refunded to Berrcwer.I.ender may choose to make this refund by reducing the pr:::,.�al owed ;;j,;,_.
<br /> •:�•''• u-c�sent to Bonower.If a ref'und reduces principal,the reduction will be xreated as a � `;'�Y,��-
<br />, . ; >.Y;.;�.;r;:'.'�. : under the 1`cce or by making a direct�sa_ , i : _ •....„:;_.._._.
<br /> :c�:;:.���;�;��,. : � �.:. .�� �.•r:.,�..`_
<br /> �_, ,. �j , Partialprepayrrer►t�c�thoutan,YPj�i�tchargeu:�dntthoNotc. ,.. . _ . ,,,,``_--
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<br /> • ,:t ,' �`,Fs�';t,y�;.� 13. Leg[slat�an Rf�'ecting I.en��s RigT�L�. C£enacunent or eapiratian of applicuble laws has�=:n�effect oi' Q,.,;,<.� . . r�:;��;
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<br /> ���'�l��-s�• },, renderinganyprovisiancfri;.�NoteorthisSecuntyir����-nentunenfarceabloaccordingto�tsterms.i.ender.�'usoption, ;�.a+';'h-• 4
<br /> ' .�.., . . ': j f 4'ai;�;;��4�ii�i,:; �.:: . . .
<br /> :<.t,�:t-. 'j;, . u��:,-,.� : may require immediat��:�sent in fu11 of all sums�:�sred by t1:is.SeCUriry Insirument and may invoke a::k remedies t • _ . ,
<br /> ' � �•'' '`�'.�'��'t�:. � permitted by.��ragaph i�.�f I.ender exercises ihis option.Len�es�:�,aE3 take the cteps specified.ett�he second paragraph cf . � •�f,,.
<br /> �,)i;�:. '. .. .c,1,.,,.�..
<br /> . •;��':��. .,�r° paragraph 17. .. . • .;.
<br /> ' -==•' .�; 14� Nottces. A.rr;r,.�tice to Borrawer pravided for in this Security Instrumem shall be�i�en by delivering it or by . .,,:�,
<br /> � �. � mailing it by first clasq r�ifi unless applicable law r�y;sires use af anather method.The aatice�hafl be directed to ihe • . ••�_:,,a .
<br /> 4 }��'�i � �'�Pi
<br /> •r;� , � ' Property Address ar any other address Bottower d�:�ates by notice to I.ender.Any notice to Lender sha11 be given by sf�";.; ,
<br /> . �" '� '''� first class maii to Lender's address statew rtrein or aa j�ther address l.ender designates by notice to Barrower.Any natice ���� �:':� .
<br /> ��91:
<br /> • �':�:;;;'';;�;�, provided for in this Security lnsttnme;�t GS.:.(!be deemed to have been gi�•en to Borroaer ar l.endec when given as pravided � � 'ti�,,`,a,,:..,
<br /> . :r�� • , ��,., in ihis paragraph. ± - �.. . . ,-;
<br /> ' .`' � ' 15. Govemlag Iaw;5e�erab��it�.- This Sectyr:sy.tnstrument shall bc gavemed by feQeral law and the faw of the , . .
<br /> � °��'�: �' `'� jurisdiction in which�he Propeny is foca:ed.in the��c that any provision ar clause nf this Security Instr4m.�C ar the #�; .
<br /> ;'i'�+`'� . ,�'+:, Note confticts with applicable law,sucft conflict sl�,al��:>>i•affec!other provisians aithi�Security lnstrumrnt�r alye Nate �)('�"
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<br /> ,:;�,�i.r,1�;�•,; which can be�,iven effect withaut ihea.tnfi.icting prc�.c:an.To this�nd the prov�sions of'thi+S�urity lnstrument and the i
<br /> �� ;•,,'t�{1��;:'f•• Note are declared to be severable. �
<br /> ' ;.� : , : 16. Bono�rer's Cu�st-.: Banc�xz}�Yaii be giv�n onc confarmed cop}of thc�R�e and of rl:is Secuaty ln�trument. <<,4�} .
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<br /> ��' �`'`'' 17. Transter of rhe N.mperty ar a•B�gfici�Znterest in Honower. IP aU��r Grt� �rsrt af the Property ar vny • :. .
<br /> •,;r`j.:, . .
<br /> ' � • interest in it is sotd or tranderrcd(or il'a behrflcis,l interrst in Barrower is sold or t*an�:*�r•rru3�r:d�drrower is nut•a natural �,,;;"'
<br /> • _� `�. � petsnn)withaut Lender's prior written conseot,l.ender may.at itti option.rcyuirc rr.:mrJi;�te pa�•r.sent inlutt uf aU sums . - .
<br /> . . secured by Ihis Security Instrnment.N��a•ever.Ihi�aptinn shall nrn t�e eaerc�scd by ixndri�f�eece�se is p�•�:cibited by i
<br /> . federallawasofihpMteofthisSecurity In�trument. '
<br /> . . . IP Lender eaercises�his optinn,Lender shall give 8arrnwer notice��f acceleration.The notu:e chall provide a petiod ;,
<br /> � of�ot les�than 30 days from the date�hc notice is dclivered or mailcd within whirh&+noµer mu�t pay all�ums secured by
<br /> _ • this 5ecnrity lnstrument.if Bnrrower Pbils�a pay th�se�um��+n�yr to the expiratian af this perind.l.eader muy invake any
<br /> � remedies pe►milted b�t6is 5ecurity ldstrument withnut further natice or demand on{3nrrow•er.
<br /> ' - � 18.Burro�er's Right to Reit�state If Borra�ver merts rertain cc�nddians,li�+truti�e�shull have thc right to h�ve .
<br /> enforcement of Ihiv 5ecurity Instrument diecontinued at any time pnnr tu the��rlicr oS:1a)5 days lut!.uch nthet perind:a
<br /> � . applisnbte lau may aprcity for reinst�trmenil before srle of'the Property par+uan�to any power of wle rant�ined in thi�
<br /> • �. � 5eeurity InstrumeN;or�h)entry ut'a judgmem enforring this Serunty inrtrumenl.'Chose conditit+n�are that Hurr��wrr:
<br /> ' � (a)pays Lender all sums which then wouW be due undar th�c Scv:urity 1nslrumcnt and ihc Nnte h:�d nn acceleraU��n �
<br /> � — � - occu�«A:(b)rures any default of�ny o�her co�enants or agreemrass;ic)pay�att���h:t�:€s i�ttur�eEi in«tfor+:►rt�thu - . . - _
<br /> ��, _�:_,_��. _ 5ecurity Instrument.indudin�,but not limitcvf to,reasnn�ble�ttumey.c fees:and(�1)takrs such uctiun ac Lendrr may '
<br /> `�-� � � • reaton�bly reyuire to assute that the ft�t►aP thts 5ecurity Instrament,i�.cmdcr�rtgirh ttf Ifie{j1���iet'ty ent![3nis<zcect's -� - - --
<br /> ' � o6ligation tu pay the sums secured by t6is Srruri�y [astrument shHll cantmue umhanged. Upan reinstntement by
<br /> ' • Bottowet.this 5e�urity tnstrument aad the ubligatinns secared hereby shall temam ful ly rH'cv:dve:is if rsn acceleratian had
<br /> • occurted.Hawever,this nght to reinstateshatl not apply in the c�se of accelen+uon under parvgraphs 13 ar 17
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