-�"""' ; � .; ti �f�:.
<br /> .:� �.'"d " �J`.`-.
<br /> .��-- - _ -� 93•' sioo:99
<br /> prYmenu m�y no loo�pr be required, at the opcion oP l.enclar,if mort�e inwranoe wvera�e(in the amount�nd far tlw period
<br /> th�t L,encbr requiren)pmvidod by�n inwrer�pproved by La�der s�ain bacomes wdl�ble uid ii abt�ined. Baroww s1yU p�Y
<br /> t1�o p�,ppfwp�roquiu�qd tp m�Ipudn mo�e iawranoe in e([ect.or to provide�low raerve,ut�l the requie�anw�t for eo�ti�e
<br /> — - inwranoe ends in�c�oMma with my writun�ramatit betwaen Horrower md[.ender or appiic�bie iaw.
<br /> !.Iap�edoN.Letder or iu a�ait may mdce rca�onoblo entria upo��nd in�pecticxuc of the Ih�perty.i.enier�Il�ive
<br /> Bortower notica at tk time of or prbr to an intpec�tlon specifyfnQ roawmble cwse for the in�pectiai.
<br /> - - - lU. Co�atlon.'Y1�e proceeds of bny ewairi nr cidm for dun��a, dlrect or ca�soquenthl. in oonnectiun with any
<br /> condemnacion or other talcin�of�►y put of the Property.ur ft►r oonvey��ce in liw of ooaderrwtian. �ro bereby ucl�ned�ad
<br /> � 3 =— �"" ��Iwll be paid tv[.ender.
<br /> - - - in the event of t toul talcin�of the Property.the procoedc�hali be�PPlied to the wms sa:ural by thi9 Security Instrumetit,
<br /> whether or not then due,wlth any ezass paid to Borrower. ]n tho event of a partinl talcin�of the Property in which the fair
<br /> macket v�lue of the Praperty inunediately before the taking ts eq�wl to pr greater thnn the Amount of the aumc socurod by thla
<br /> Secudty Jnctrument immediately before thc taki�g.unless Borcower wid x.ende�otherwisc�groe in writin�,the sums secured by
<br /> this Securiry Inctrument shall be reduccd by the amount of the procads muldplied by the followIng fraction: (a) the totAl
<br /> •• amount of the sums secured immediatcly before the wking.divided by(b)the fair merket vaiue of the Propeny immediatcly
<br /> befane the tolcing. Any bAlana siall be paid to Borrower. ln the event of a pariial taking af thc Pr+opercy in which the fair
<br />-- mazket value of the Properry immediately befooe the taking is less than the an�ount of the sums�ecurod inutkdiAtely before the
<br />-" talcing.unless Bomawer�nd L.ender otherwise agree in writi�ig or unless applicable law otlierwise providec.the procaods slull
<br /> be applied to thc sums scxurod by this Secudty Instrument whether or not the sums are then due.
<br /> " — - If the Propetty is abanduned by borrower, or if,after natice by Lender w Bwruwer thot thc condcmnor offers to mske e�t -
<br /> s�ward or settle a cl�im for dunages. Borrawer fa�ls to�spond to Lender within 30 dxys after ttie date the natice is given,
<br />- L.ernier is authorized w collect and epply the proce�ds, at its aption.either to restoration or n�air�f the Prupeny or to the s�unc
<br /> `- socurod by this Security lnstrument,whether or�ot then due.
<br /> Unless Lender and Borrower otherwise agrce in writing, any application of proce�eds to principal shull not extend or
<br /> postpone the due date of the monthly payments referrod to in paragraphs I and 2 ar change the artiount of such payments.
<br /> • i f time for ment or modification
<br /> No Wniver.Hxtens on o the
<br /> B Lende
<br /> r tp
<br /> I l.Borrowe�Nut Rekased
<br /> •Forbearance PaY
<br /> � Y
<br /> of amortization of the sums�ecuned by this Security instrument�ranted by L.ender to eny succe.ssor in interest of Borrower shell
<br /> --'� not operate to release the lisbility of the originel Borrower ar Borrower's successars in interest. I.ender shull not be roquired W
<br />'�`'� commence rooesdin s a amst an successor in intenst or refuse to extond tin�e for ment or otherwise modif amoctizAtion
<br /> .:�'. P 8 B � Y �y y
<br /> of the sutns sorured by this Security Instrument by re�son of any demand made by the original Borrower or Borrower's
<br />-� successors in interest. Any farbearance by L.ender in ezercising any right or remody shall not be x wwver of or prcclude the
<br /> ,.,� exercise of any right ar remedy.
<br /> - . �; � �2. Successoea and Assi�ns �ound; 3oint and Severxi Liwbiiiiy; Cu-sig�ars. Ti�n a:�tiztianis asd agrrcm:,nts of itsis �
<br /> ' = '�r '"I;;� Security Inxtrument ahall bind and benefit the successo� und assigns of Lender and Borrower, subject to the provisioru of
<br /> a +�c �.,._�'
<br /> ��, .,., . rt.r--
<br /> , :�. . ,�� ��„ paragrnph 17. Barrower's covenants and agreemcnts shall be joint and iseveral. Any Borrower wha co-signs this Security
<br /> �`} a���' ' Y�� Instrument but does not execute the Note: (a) is co-signing this Securiry lnstrument only to rnortgnge,g�ant and convcy that
<br /> .±;;"'';.��}`•'�.-�=_. Borrower's interest in the Propeny undcr the terms of this Sccu�ity Instrument; (b) is tx�t per.SOnally o6ligated to pay the sums
<br /> � K j>�:::� ..
<br /> f .,:, S 4., : ' accured by this Security Instrumenr atxi tr)agrees that Lcnder and any other&►rrower may ngree ta extend, modify,forbear or
<br /> •�:�;��;,;t�, muke any acrommodations with regard to the terms of this Security Inytrument or the Note without that $onrower's consent.
<br /> , � �.,, � �_;,�. 13. Laan Chat�es.If the loan secured hy this Sccuriry Instn►ment is subject to a law which sets maximum loan churges,
<br /> �J!�;'�'..� and that law is finally interpreted u� that the intcre.rt ur other loun chArges collect�i or to be collected in connection with the
<br /> = '« '` `" Icun exceed the perniitted limitx, then: �a)uny tiurh lo:�n chur�e shall be mduceei by the u�xiunt necessary to reduce the charge
<br /> ' _ to the permitted limit: a�ul (b)any sutm ulrcady coUecteJ from Borrower whirh excerJed permitted limitc wil! be mfunded to
<br /> � '• n� ' Borrower. l.ender may chcx�sc 10 makc thiti refund by reduring thc principal owed under the Note or by rnakin� a direct
<br /> ;, es•.: ...: • .,�. :
<br /> -,,.. - ..,,,. .. payment to &�rro�vcr_ I!' a refund reduces principal, the rcduction will be treatcd u, a panial prcpayment without :u�y
<br /> •_...�.. , prepayment charge wxier the Note.
<br /> '�`�j��. I4.Notic�. An noticc to 9arrower rovided fiir in thi.r Srrurit Instrument shull hc rven h dcli�crin� it or b mailin
<br /> �si::a�,: . . Y P Y F� Y b Y S
<br /> �'"�'-'•° • it h,y ftrst eltus mail unless applicuble law reyuires u�e of another methai. The nutice,hutl hr dir��cted to thc Property Addre�.c
<br /> .0`...
<br /> ;...... . —
<br /> ;t,,-•-•�•;, or Any other addre�s Barruwcr dcsignates by nutire t�� I.enJcr. Any notice tu L.rndrr �lial l lx given by first rlu„ n�i tu
<br /> Lender's address sta�ed herein��r any other uddre.�l.rnd�r Jr.ignute� hy natice t�� &�rrower. Any notice prvvided for in this
<br />-�:�: y,w,,,�;� Security Instrument shall be dccmed to h�ve been givcn to Horruwcr��r I.cndcr whcn givrn a.pro�•idcd in this paragraph.
<br /> ._ "���rr,;�T�. 1S.Governtng i.aw; Severs�bility. This Security In.trument �hall l+c g�werneJ by fcderal I:�w and the law ofthe
<br /> ;-:� �"%�+��� jurisdiction in which the Prupeny i, lixatcd. In the event that any proei�icm ur rlaux uC thi� S��urity(mtrunient or the Note
<br /> - `r� y �;�''``'' � conflicts w�ith applic�blc law,such conflict shall nul atTcct uthcr provi,iims uf thi�Srcurity In�trunxnt or thc Notc which can bc
<br /> '�' - #�°`"`"p'` � . given effect without the ronflicting pruvision.To this eixi thc pr�ivisi��nc of►hiti Srcurity [n�trument and the Note ure declared
<br /> � �'�t;�.`,:•.
<br /> t t�..�...:.. � . to bc scvcrablc.
<br /> ' � �"" 16.Borrower's C:opy.Bocrnw�r.hull be Riven one mnfiirnicd ropy af the N�ne und uf this Sc�urity 6�,trument.
<br /> —-- r,:.,., y.
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