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I <br />MM191i <br />If Lmc3cr requrred rain -gagt msurart,:v as u indcrtir a rnmskng the sec -ured bt this Securm. Instrument, <br />Borrtwer iihall.lmy the pirm,tums required -To reaanratn the ittstrara r in ,.£rare: tUnliu such time as the requirement for the <br />imaTunce terrninmrs to action mice with Bon, icwer's and 1.== T's vernier, ag rTtrimt .^r applicable law. <br />t. Impoettion. I.rndcr m tts agerit ;may make rntru;, upctn and inspection-, of thr PrcgVM . -1 -ndrr <br />shall giar Il mrowrrl -Rmicr at tee the cif or,pricir to an in-4—nicer, spz ctft"sng rtwionubie cause firT the. inspection. <br />4). Candemostion. The proceeds of any award cir Aare 10- damages. direct. or .consequential. in tonne tion with <br />any .conderrinstn-m .or other eking of any part .of rile i'r.t,+c^y or ftrr znnyeyance in lieu of condemnation, are hams <br />ass:enrd and ~hall be paid It) [.ender. <br />In thr event ofa total taking of the Prtrpera. the,Irr�t ec.� >-:iP be applied to :ire gums x^:ur.d by this Securat. <br />Ittsmumew, whether err-not , her dive. with atly mcm paid t;, Bo- ;'veer. In the event of a partial taking of The Properry, <br />unless i3orrcvwrr,snd Lendier cnherwac agree m w-rain the ct, n= +r used ht this Se: u,rt Instrument shall tie reduced by <br />the amours ,of the Irr, s!muhiplxei by -:he follow -map frarttor. +a; the imai amount of the sums secured immedwir -k <br />tteforethetaking, divided by rb) rhr.fair market'valuc of the Prcr;e-t% immed atelt before the raking many balance shall he <br />Iraid Io Borrower. <br />if'rhe Property is :abandoned tw Borrower, cw if, after notice t,y Lender to Borrower that the condemnor offers is <br />nuke an award or sortie a claim:far damage , Borrower fail, tespnrui tc Lender w'ithm 30 days after the date the iioti r iii- <br />make Lender is authorized Ic. collect and apply the rraceeds, at its optinn, er ter to restoration or repair of the Proper?~ or <br />toxhr sums wcured'tty ;this Se curiry instrumem. w- hethei .or not then due. <br />Unless Lender attd $orrow•rr otherwise.agree in writing. any application of proczeds to principal shall trot rx1=w- cr <br />postpone the due date of themonth}y =a , memts referred to in paragraphs I and:! of change the amount of such pay7mrnts <br />11#. Borrower Not Relemsed; Perb� BY Lender Not a 'Waiver. Extension of the time for payment; air <br />modification of .amortization of the sums secured *y this Secunty Instrument granted by Lender t, ant successnr to <br />interest of Borrower -hail not operate to release the liability of the original Borrower or Borrower's successors in Interest. <br />Lender shall not .be inquired to commence proceedings against any sucxssor rn interest ar refuse tt; extend time for <br />nayment or otherwise modify arrinn nation ofthe sums secuted by this Security Instrument by reason of any demand made <br />try the original Borrowertir tk n rwier's successors in m erest.Anti forbearance by Lender to exercising any Tight or?emrdt <br />Shall not bra waiver of or preclude the exercise ofany Tight ur remedy <br />11. Stns and Ansqpks Bound: -3tAwt and Several 1"hility; C- o- signers. The covenants and agreements of <br />thisSrcuriti;, Instrument shail:buidand benefit the successors rnd assirns of Lender and Borrower., subject :.L) the pr(ivislons <br />of paragraph 17.:Borroater's covenants and.agreements shall be joint and several. Any Borrourr who co -signs his Security <br />Instrument but does not execute -the Note. ta) is cci- signmg this Sec unt.4 Instrument only to mortgage. grant and convey <br />that'Barrowzr's mterrsi in the;Properry under the terms of this Securiiy Instrument: (b) is not personally obligatrd lo pal. <br />the sums ecured by :this 5ecuriry instrument, and (c) agree,. that Lender and an other Borrower may agree to extend, <br />modifti, forbear or make any .accommodations with maid to the terms of this Scours Instrumeni or the Note wnbout <br />that Borrower's:consem. <br />1?,. Loan- 1f the.loan scu ured by this Secant} I nstrutnrnt rS subjec:t in it law whtctt sets maximum ican <br />charges, and that law is finally mterpretrd so that the inicre;t or other [oar, charges collected nr to be collected in <br />connection with the loan exceed the permitted limits, then.. ia) ant such loan. charge :shall ht reduced by rite amount <br />necessary 10 Te<luce The chargr To the permitted limit: and (h) any sums already .coIiected from Burrower 'whirl[ exceeded <br />Permitted limits will be refunded ro Borrower ,;ender may choose to rna+:r Ihts refund by reducm the principal owed <br />un'fier the !vote cir'bv tnaking adircct payment tol3orrc.wer .ii! refund reduces pnTI Ipai, the reduction will heircaied a =a <br />part ta! prepayment wt ttioui any prepa_; merit charge under the N of e <br />13. Legislation .Ming Lender's Riglus. if enactmrri; .eI raptration of apliitcabie laws has the effect of <br />rende -ring an provision of the',vote or this Secunry Instrument unrniorc ahlr ac: aiding iii its terms• Lender,, iit it-. option, <br />may rrquirr immediate payinen; in ful! of all .ems srs.urrd t» this Se.:LMr, Insrrumeni and may invc4,e any remedies <br />perrniried bs pal-agraph l u If Lender rxtrcsseS thts ,,Ypticir:. lender shun take t;ic Sufis aprcified m the second pa- agraph of <br />paragraph 17 . <br />14. votices. Any notice tc Borrower provided for it his Srcur.tt Ins;rument shall tie river, by drl!venng si o- h> <br />mailing it by first Mass mail unless apple able law -equ;r s use of anorhrr method T'he moil x :Shall be directed ic, iii <br />Proper[} Address or any other address Harrower designates by riciticr t., Lruder Any mater to Lender shall be given by <br />first class mail to Lender'saddrrssstated herein of ana other address LVIIiier designates by mortice to Borrower Any nonce <br />provided for In this Security lnstrumPttt shall he deemed i;, have beer, gt,en to $arrc wer cir Lender wizen g;ven as provided <br />in this Paragraph. <br />13. Governing Law; Severithility. This Secun.tt Instrunirni shall be governed ht frderai law and the 'saw of the <br />Jurisdiction in which the Property is ioc:ated. Ir the event that any prO%isson or clause cif phi, Sccuntt Instrument or the <br />Note zonflicts with applicable law, such conflict shall not affect :ether p7ovisicr:s of tans Sr.ci -inly Ins~- uincnt or the Note <br />which .an be given effect without the c :rniliCting provsion. To this usd the prol.isions of aus Sccii ut InsrruTreent and:tht <br />Note are declared tone severable <br />16. Borrower's Cop,- Borower sha)l he giver :iris carfcsrned u.pv o1 itie Moir anc of this secunti Instrument <br />17. Transfer of the Priigwn3 or a 8eneficirl Interest in $orr mmT. If iii) ar ant part of ?h. e Prope11; or ant <br />rnterrst m si is sold ur transferred (tr if a berliefscial interest m i?rnrrowr_r n said :r transferrcu and Borrower is not a natural <br />rr_irsor,i without Lender's prior x•raten crrnserst. Lender mat, at its cmtscm. -t;quirr !trimediatr Fragment in ulj of all Sums <br />soured bt thts security 17xstrument. Nowrver. this option -shal! not '-t exercisrd hi I.erlder sf ex rctsr IS prohibited ht <br />federal iaw as of the dair ofthts siecunty bivrurnent. <br />If LCttder exec :airs this Option. L:ride! shat' grvr R,)M)Wer notice of UL:CClz.atson The: nuu;:e Shall provide a pert.id <br />cif no; ic%i, than 0 days from -the date the rioncr is delivered or maiied w'tihm w"hi .;; Bon owes must Pa, ail _,L;m per rrCi t-t <br />T his Secu-, rN Instrument. 1f Burrower fails to pay tear sums pricit :0 ! he exptratior, iii <br />