. .. �������.� _
<br /> ,
<br /> P�Y��aray nn lan;er be requinzd,at ths option�f L�nder.if mart�e insuranoz cnverage(ia the�maunt and foP ihe�eriod
<br /> tf�3 I.er.der ceq�aires)Provide8 by an,insurer apgrove�hy L,�nder again beoomes amailah:e a�is obtaimd.Eorroivzr s,hafll pay _
<br /> �,• �he p;�mi�s r�uired m maintain rstort�aoe iasux�e en effect,or to provide a toss reserve,until the s�uirecnant fo�rttort�e
<br /> .,:'�•��, insuranc�ertats i�e Acmrdaace wath an}r tivcitten aRreemeat benveen�drrativer aszd Lender or�gplica5le law.
<br /> 9, i�sec�r�.Lxuder or its agent may m�ce re�sanable entries upon m-id inspection�of the Propesty 1.egder shail give
<br /> Burrowep nat'sa:at ibe time of or prior to 2n insg�ciio�sperifying r�snnabie cause for the insp�ction. _
<br />' 1�.�ude�rta�n�."i4�e pznre�ls of any aeunrd or claim foe dam.ages, diiecz ar wnsequenrisi, in oonnectia��vith nay �_
<br /> � -- catfdeatnation or osher taking of any part of the Peopeny.or for sonveyanoe in lieu of condemnation,are hemby assign2�and =
<br /> � ' shall 6e paid to I.eader.
<br />`�r In the event of a total ta�in�of tlie Pcoperty.d:e proce�ds sha11 be a�piied to ti�e svms se.�ured by this Security�attnnment.
<br /> w�eiher or noi then due, with any excess paid to Burronrer. In the event of a pa�'tin{tatc�ng of the Pmperty in which tiie faic ___
<br /> ' u�arket value of the Prop�rty imrnedi�tely befose the taking is equal to or greater than ttte amount of the sums s�ecured by this --
<br /> ;.�����` Security L�strument immediately befote the Qaking,untess Emrower and i.ecder otheraiisQ agree in writiag,tfte sums secu:zc3 by -
<br /> this Searity Instrument shall be reduced by the amount of th; Froc�eeds mullipfied by ihe following fraetion: (a)the tot�
<br /> � amount of th�sums seivred imuiediately before the taking. divided by (b)ths fair marlset value of the Property immediatcly
<br /> , � �fare the taldng. Any balance shall 6e paid to Borrow�r. In the event of a partial tatdng of the Nroperty in which tiie fair
<br /> � a►ar�et val�e of the Praparty i�srrtEdiately before the taking is les.s than the amount of the sums se�u�ed immediately before ihe =
<br />_ ' ta[rittg,�mless Sorrower aztd Lender ot�erwise agree in writin�or untess appti�abls law oNenvise provide�.the pras�eds shal�
<br /> be apptied to the sums sewred by this 5er�ity Enstpument whether or nut�&e sums ar�tken due.
<br /> . If the Property is abamdan�by Borrower,ar if,after noeioe by Ixnder to Borroaer that the omidemnor offers to make an _
<br /> � atvar�!csr sei�te a daim for damag�, Bornower fails to resgond ur Lender�rithin 30 days a£�er 1�he date ehe noti�oe is given. °
<br /> ��..,.,.� Lender is autho�ud to rnlle�and ap�ly the pinc�ts.at its optien,eitt�er to restaradon or repair of the F�perty or to the svms
<br /> �- - se�ured by this�rii�f L�strumEnt,wi�etfeer or nat then due. � -
<br /> Unless Lender�d 8orrawer oiherwise agree in writing. a�appliratiuss of proceeds to principa.i �r3.1:,':cat extend or .
<br />.�,�`.��'.' pastpotr�tf�dus date of We mouthly paym�rts Tefened to in ga�.a�hs 1 and 2 or change the amount of su�_�,z�ents. '
<br /> • lY.Hr��rower No!Reieased;L+a�rhearauc��y Lend�Mait sn +C'latver.Extension af the ame for pay.��or n:adif�-r�Jtirsr, � -
<br /> of aznattf�tian of tite gums seau�d by t6is Se�vrity Irrstrumeet�ted by Lender to any suocessor in int��f Sat�m���l . . '.�.�:-�
<br /> ' �:., aot opeiate to rel�se tise liability of the originat P�arrower or�ogrower's successors in interest.Lendsr�t;�mot be requir+ed to � ����
<br /> ��' ° . c�mmence proc�ediags s�inst any successsor iu ints�:r�-t or refi�se to extend time for paymsnt or othsr�x��wdify amorti7adon
<br /> -- of the sums secured by this Sec�eriey Iusuucnzca �r reason of ar►y demand raade by r�e�iginal E;,^t�i�wer or Borrower's
<br /> = , saccesso�s In i�terest. Any forbear�ara�by Ler�er� exercising arry right or remedy sE�alI�aii:�e���:�rer af or pncl�de the
<br /> -= exercise of any right or remedy. , � ,. ••::
<br />= ' . t2.s���a��Qw ams� �a s��a.�su�; Co-slguers. T[2e���ra��s:e�L•tt agreemeuts of this
<br /> 5eavity Lasuument shall bind and h..�^..,e&t the successors and assigns af Lender aad 8oan:��s�ml�g�ar•4o the provisions of
<br />==- �`� � paiag�aph 17. Borcower's wveua�u,ad agree�ents shal! be joint�d several. Any T�QUe�u,i�x sc,��o co-signs ttus Securiry.
<br /> Instrum�nt Unt does aot execute tke�Frte: (a) is co-signing this�ecnrity Instrument only t�a�ortgage,grant und convey ti�aat -
<br /> � ' Borrow�r's interest in the Property under the terms of this Sea*r•":�y Jnstivmen�(b)is rrot per3�nnally obligat�Yo pay the sums
<br /> � ,•� secure�6y this Security Inswment;and(c)agre�t6at I.ender and any other Bonower may agree to extcrr«a,;�odify.forhear or
<br /> malce am+mcoommodasitsns witP�regazd ta�terms of this 3�curity Insteument or t�`�e Note without tha�C �..��Yr�z's cansent.
<br /> . g3,Lo��harges.If the lo�6erured by this SECUrity Insuument is subject to a law which:s�ts,G�tahQs�.�:f.�z�:�.�r�e.s,
<br /> : aad tba�lacv is final[y interpreted so tlmt the ime�est ar other loan chaarges coltected or ta L+��o?2�'s�:+e�ss�ttzcrt�ti�H7tA the
<br /> laan exe.e2d Wz germimed limits.then:(a)any such toan ct►arge shall be cedaced by the as�y?ustc ir«ar"��Zo reduce the chargo
<br /> � to t�a gstmitted limit:�(b)any sums already wllected from Borrawer which exceeded p•r:i�ssui�?f,�miti•�vili 6e refunded te =;`
<br /> . Bom�wer. Lendcr mny choase to make this refund 6y reducing the principal owed unr#ec:i�':'�?��ar;�y matcing a direct '.j;;,`,:'
<br /> • Payrtsent to Borcower. If a refuM reduces prineipal. the re9uetion. cvill 6e trrated as �n�artial prepaiyment without eny ����;r•_
<br /> prepayment ci�rge under the Note. � � ,;
<br /> .' 14.Dlatkes.Arty notiee to Borrower provided for in ttus Secur�ty Insaument sAall be given by delivering it or 6y maiiing '
<br /> � ' . it�by first ciass m�il�nleia�pp]icabte taw requires use of another methad.Ttie uotice shall be dim,cted to the Froperty Asfdress `C�:
<br /> � or ony nther address Bateawer des�goates by na�ce to Lender. Any notice to Lender shal! be given by fi�st class mail tfl
<br /> I.ender's add�ess atated herein or any ather eddri��ender desigtmies'�y noiiae W Borrower. My �oGce provIded fot in this
<br /> Secarety Iastrument shall be deemed tn have been�iven to Bor�awer or Lender when pyen as provided in thia paragraph.
<br /> I5.Goverming Law; Sevss�l�ET�tyo Thi� Wacucity i�strument shall be govemed by federaf law and the laat of th..
<br />-- jurisdiciion in which th$Propzriy i��Facated.In tJr�event that any pravision or claose of this SecnrIty Instrument or the Note
<br /> • . confllcts with eppli��ia&aw.sach oonflict shall nat affect ether provisions of this Securiry Insmiment�r the Noie wivch can be `%„:���
<br /> . given efFeca witiwut tE'ct conflictiag provision. To this end the provisions of this Searity lnstntment and the Note are declared ''�=
<br /> . • to be severa6te.
<br /> � 1�.I3arrower's Cogy.Eorrower shall be given one conformUd capy of the Note and o�tt�is 5ecurity tnstrument.
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