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<br />_ � G„ �,w�s ctt�r.,�lz�r:.r t�r..�ai�l�ct the ag!!4n ai lrtt�r� ±f mn�l�r��n.►!�cnv���e(!n tha rmnuiN rnd.tbr s�e�redod
<br /> U�xt ixTxirr requir�s)pravtdr�t by nn inxurrr�,ppruved hy�.erxler eJ�uin hec+omea aveiln�lc and is�rtAlneod. �lnm�wer�1u�91 qy
<br /> =����� �h;.�rc�iii�nn��rcyutti�c�l ro►naiutul�i�iuuiba;c in:,��csucc(n cf'fect.nr t.►prnvidC[I I(lSi IL�CI'�'d�iintil�Jit:rt:�ulrtnx:cdt fut mnrtg�gc :
<br /> insuynt�ec encis In accotdo�uc wlth mtiy written ugrecment bctwetn Hnnuwcr uiul l.,cn+t�:r ur a�licable tav,r.
<br /> 9. Ic�tpectlon. Ltncicr ur ttr:agent may mttke m,�.sanable entri,s upan ami inRpc�ctiom nf the i'mpert}�.L,�w�der niull �tvo �
<br /> Hormwer not�a at the timr,of ar prlur to an in!ipectiun Rpucifying rrasonable caure for the inspect9an. '
<br /> 10. ContkmtutMn. The proceeds oI any awArd or cl�im for dam�ex.diroe! ur.consequrnti�l, in c.�nnneclion w(th�ny
<br /> ' conclemnsdan or other ta{cing af any part u!'tho Property,ur far conveyance in lieu r�f oondcma�ttan,sn i�crcby�jgnad end
<br /> _ �`- _--' shail be paid to irendor. � . .
<br /> In ehe event of a total tal�ng of the Property.thn praoveda shatl be applied to tfie�suma securad by thf�Secutity I�tytnun�rn.•
<br /> whether or not then due. wIth any excess paid to Borrawer. In the event of u partial talcing of tho Properry in which Ihe f�ir
<br /> market vulua of the Property immediateiy before the taklrig ia eyuel to or grcater than the�unouat af thu sum�securad by thiN
<br /> Security Instnlmept immediateiy before the uiking.unless Borrower and I.er�ler atherwire agc+ee in wdt[ng,the sums sa�ur+�d hy
<br /> this Sxuriry Instrument e�hall be reduced by the amount of the proccods muldpliod by tho following fraction: iR) �ho total
<br />" �`°"""'°�° amc►unt of the sums secvred immediauty beforo tha W;ing.dividcd by(b)Qu fair ttuuket v�iue uf th�Frope�Ty{�iu�xxii�ty
<br /> btfore the taking. Any balance shail ba paid to Borrower. In the event of a panial takiag of the PropeRy in which tite f�ir
<br />�� ' m�xkot v�lu�of the Property immedistely before the teklt��is lasa tltan tho emount of the sums secured immodiately beforrs the
<br /> - — taking,.unle�ss Hocmwer and Lender othenvfse a�+ee in wddng or,umless applicable law otherwise pmvid�s.the pmcxc�s shetl
<br />�� be app�ied.ta the sums secured by this Secudty Instrument whether or not the sums are then due.
<br /> If tka•Property is abandoned by Borrower.or if.after notice by Lertder to Borrower that tha condemnar offera¢o make an
<br /> �_..__�_s,____,�� award at��ttle a claim for dama��s,Borrower fails to respond ta [.ender within 30 duya after tha data the nodce ia givan.
<br /> - Leader is at�il4prized to oo11xE aad apFti!the proceeds,at ita optian.either to testoration�r npair of the Property or to the suma
<br /> � secured bp thia Scxurity Irutrua�i,Wha�tb:r or not then due.
<br /> Unlass�.ender acrJ Bovrower otlaFZwise agee in wrlting, any applicadon of pmoeeds to pr�acipal sball not e�roend or
<br /> -- � — postpane�the due date o�cJ�a�tinnthly paymrnts reS�ad�o in paragraphs l nud 2 ar cbange the sunouat of such payments.
<br /> -=�_;���' lY.Bnre+owaar i�mY L�a�sed;Forbescsm�i�g►tLrnisiler Not a Wuiver.Extension of the time for payment or modificatipn
<br />- oP amorti�nvn mi�the sbms securesl by r�ais Sr�ur�¢y Fn�xu�nent�mtxted by Lendet to any suooesso�in intereSi,vP Borrowe�sha�l
<br /> not opern;e to Re�rase the liability of thE ora,�in.�l i�arruiver or�nrrativer's successora in int��s¢.�nder shalt not be regn��.t�d�t;o
<br /> F�" commettira�r�ccedings ugainst any su�aassor in iuter�st�r refuse.to eztend time for payment�r a�thenvise�odafi�r�am�artixnUOn
<br /> --- - of tho sums s�red by this Sxurlty .1Cn�trumeet by rEasan oP iiny demand made by the or�gina! Bumow�r.+�r'�oriovi!eF's
<br /> succascirs iue int�rest. As�y forbeaTatia,tiy f.ender in exercising�tny right or remedy shaU aot be a wn�ver os at'preclud�t4e.
<br /> , . , . .
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<br /> ' _ �i.�� exerctsc nP�ryr�1tt ar r+emedy. � • `-
<br /> ';�"n°'�'�'i"�':"� 12.5oavu�ssois Sml Assigns Bo�u�G; Joint and 3everal L4�►mSlity; Co-stgners.The oovonants and agseements of thia
<br /> Security Instrument sh�Il bind und benefit the successors and assigns of L,ender end Borrower, subject to tho provisIons of
<br /> � paragrnph 17. Borrower's covenants and agceements shall he joint and severnl, Any Born►wer wha co-slgns this Security
<br /> Instn�ment but doe.c not execute the Note: (a) is co-st�nin�this Security Instrument only to mortgage. grant and eonvey that
<br /> Borrower's interest in the Property under the terms af this Security Instrument;(b)is not personally obligated to puy die sums
<br /> securod by thi�Security[nstrument;and(c)a�re�thnt Lender and any other Borrower may agree to extend.modify.forbear or
<br /> make�tny uocommodutions with regard to the terms of this Secvriry(nstcument or the Note without thut Borrower's rnnfient.
<br /> 13.Loan Chaq;es. If ehe loan secured by this Security Instrument is subject to a Iaw which ret9 meximum loan chnrges.
<br /> and thut Inw is finally interpreted so that the interest or ather laan chnrges callected ar to be caltected in connection with the
<br />�� loan ex�eed the permitted limits, then: (a)uny such loan char�e shall be reduced by the umount necessarJr to reduce thc charge
<br /> to the permitted limit;and(b)any sums already collectal from Borrower which exceeded permitted limits will be refunded to
<br />� Borrower. Lender may choose to mulce this r�fund by reducing the principal owed under the Note or by making a dit�ect
<br /> payment to Borrower. If a refund reduces principal. the reduction wjll be ttented ns a partial pnepaymont without nny
<br /> prepayment charge under the Note.
<br />_ ` 14.Notloe.c.Any notice to Borrower providai for in this Security Instrument shall be given by delivering it or by mailing
<br /> it by first class mail unless npplicable law requires use of another rr�ethod.The notice shall be dtrected td the Praperry Address
<br /> ' y` or any other address Borrower designates by notice to I.ender. Any notice to Lender shnll be �iven by t�rst cless m�il to
<br />_- '�' x,� lxnder's address stated herein or tuty other address L.ender designates by notice to Borrower. Any notice provided for in this
<br /> �4F�
<br />- 1,�,,,„,..� 5eruriry[nstrument shall be deemeci to have been given to Borrawer or Lender when given as provided in this paragraph.
<br /> ?If'.'.�t�M.�:i IS.Qnoverning Law; Severnbitity. This Serurity Instrument shall be govemed by federal law and the lc�w of the
<br />.: � ;.�,,�:,.1�� jurisdlction in which the Property is located. In the event that any provisIon or clause of this Securiry Instrument or the Note
<br />, • ;.`M�'•;"�'���" • conflicts with appticable law. such conflict shaU not affect other provisions of this Securiry Instrument or the Note wh(ch can be
<br /> ;��.� "���'�'�`7��:�' gtven effect wlthout the conflictin�provision.To this end the provisions of this Security instrument and the Note are declared
<br /> • �1:�:.�•'s:; � to be severable.
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<br /> • -�• �� 16.Borruwer s Copy.Borrower shall be given one conFormed rnpy of the Note and of this Security Instniment.
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<br /> •� Form 5028 8180
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