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85- 103494
<br />If Lender required mortgage insuran,e as a condition of making the loan secured by this Security Instrument,
<br />Borrower shall pay the premiums required to maintain the insurance m effect until such time as the requirement for the
<br />insurance terminates in accordance with Borrowci s and Lender's u ntten dgrcement o r zpplicable law
<br />S. Inspection. Lender or its agent may make reasonable entries upon and inspections of the Property Lender
<br />shall grse Borrower notice at the time of or pnor to ar, Inspection specifying reasonable cause for the Inspection
<br />9. Condemnation. The proceeds of any award or claim for damages. direct or consequential, in connection with
<br />am condemnation or /other taking of am part of the Property. or fl.r .l r "roar, \r in lieu r,f condemnation, are hereby
<br />assigned and shall he paid to Lender
<br />in the went of a total taking of the Property. the proceeds shat; ',l• ipphed to the suiri% secured by this Security
<br />lnstrument, whether or not then due with any excess paid to Borrowct .n the cent of a partial tailing of the Property.
<br />unless Borrower and Lender otherwise agree in writing, the suers secured by this Security Instrument shall be reduced by
<br />the amount of the proceeds multiplied by the 1'ollo %mg fraction fat the total amount of the sums secured immediately
<br />before the taking, di,ided by the t ?:e fair market \clue ,,f the Prorwrtn !m;nref:atrh 'x•k,re the taking Any balance shall he
<br />paid to Borrower
<br />It the Propeny is abandoned hs Borrower. r,r If, after not,c by I ruder to Borrower that the condemnor offers to
<br />make an award or settle a claim for _tJrtages. Burrower fails to rrsp,,r d i,, L ender %ohm 30 days after the date the notice is
<br />giscn, lender is authorized to collect and apply the proceeds. At tts • -pit on, either to restoration or repair of the Property or
<br />to the sums secured by this Security Instrument, whether or not then. dui
<br />Unless Lender and Borrower otherwise agree in %riling. dr,y apphcatirn of prco reds to principal snail not extend or
<br />postpone the due date of the monthiy payments referred it, in paragraphs l and or change the amount of such payments
<br />10. Borrower Not Released; Forbearance By fender Not a 14aiver. Extension of the time for payment or
<br />mod:hcauon (if arnonization of the sun,, secured by this Secants hi%trurnen.t granted by !.ender to any successor in
<br />interest of Borro%rr shall not operate to r ^_lease the iiabihts of the „figirial BoTro%er or Borrower's successors in interest
<br />Lcndct shall not be required to commence proceedings Against an, su.ccss,or !n interest or refuse to extend time for
<br />payment or ,otherwise modify amortization of the sums secured i,% this Sc•cunty Instrument by reason of any demand made
<br />by the original borrower or Rorrower's successors in Interest Any fortcarancc h\ Lender In exercrsuig any right or remedy_
<br />shall not be A warscr of or preclude the exercise 4,19y tight or remcd•.
<br />11. Successors and Assigns Bound. Joint and Several Liability; Co- signers. the coscnants and agreements of
<br />this lecunts Instrument shall bind and benefit the successors and assigns of Lender and Horr,o%%er, subject n+ the pro,isions
<br />A paragraph i' Hfirrower's covenants and agreements shall tse )olnt and sc%rral Any Horrow er w his co -signs this Secur!h
<br />Instrument wit doors not exe, use the Note tai is co- signing this Srl tints Inslrarnent only to mortgage, grant and convey
<br />that Boxniwer s interest in the Properr, under the terms of this Sv,un(s Insiftinient, ihi i, riot personally obligated ro pay
<br />the sums secured by this Security Instruinew and (c) agrees that I ceder and am ;other Borrower may agree to c aefid,
<br />modify, forbear l,r make any acv!mmcxiatuins with iegaid to the Tern), Of this Security instrument .,r the Note without
<br />that borrl,wc,'s,onsrn!
<br />l:. Loan Charges. If the loAv ucurcd h, It-, IS ]c-_u ;ity I ;I,rr :1Men, r. ,untrct It: A law which sets in ax.mum Loin
<br />.hargc, and ;hat law Is tinal!y nrlrrprrtcj slo that the interest .,r : tiler it An charges :AIe,tcd •,r to be collected tit
<br />co,nne'POTI with the liar: cxcerd the prrmmed limits thcn tai jr:, , %h !•:a:: • -hargr hall be rrduccd by the amount
<br />necessary Ir rducc the :hargc it, the r'•crmtticd ill-no and ihi an, ,uric a! ;cad. : :•I!rctcd from liorrowci whryh cseeedcd
<br />i,rrnnrrd ;Im•ts %oil tr retundrri +;• H,:rr•,urr Lrr,drr in
<br />ay •J.114"t +bike h:, :round h, reducn;g the prin,ipal v %rd
<br />under the N. it,-, by making A direct pasn,c•n! 1. H. >rn•w<i if., r-:,nd 11 'd, the rc :I,ictu,n %III be treated as A
<br />part:a! prrr :,i,rrrr.t wah\,ut a;n prel,a,rnrn! . nargr o ,ldcr the \•! ;
<br />13. Legislation Affecting tender's Rights. It :-riA, nnrf I •r -,; :r t; •r, of .!;'•i,i!sahiC laws has the effect •11
<br />:rrdrnng .tn. pr,, \Isom of the \otr.•r IhlsSccur!n Imuwnen! :.! :c•nl.a. rah :r !_. ,rdng I,:r.ICrns, Lrndel. at nslpt :on.
<br />ma, revise rmmcdlatr payment It: till; , , J!i ,um, sr, :rJ h:, �.. ,:I in.rrun!rrit oral Ma, ln%,,kc .toy remedies
<br />perrTI111C i h\ paragraph t,: If l cndcf r,cr, :,r, this ,,pant. I ender " :ail tJr.: ,Ic•ps ,rx-clfwd .n the second paragraph of
<br />parag!d'h
<br />13. Nolicrs. An, ti.drer !,• Borr• war }or•r\ ;c]rd !. •r :r th:, �e_u :ncn! shat! roc got r. b, oir!I, cr;nE !t ou 9,
<br />majisog: t h\ first class mail unless alopLcab!r taw rruu;rrs :,sr An :,t t: e! •r<e!ho,d The r.I>t:cr shall tx dlrr,trd to the
<br />Proper,,, kddrrss or any other addre,s Isonower drv¢naics 1,, 7"C'r t. I :f.dct A!-., no-ti,c ". Lender shall oe gr.rn b\
<br />first :!as, alai; to I encirr's address sialcd hclein or ariv .other ad•:rr„ I cn.tcr jc•,Id ;late, n\ noi!,c• I,, H„rrnw rr At!y noRrcc
<br />pro „!dcd !, ,r In th,s Security Instnlmew shah be scented - t!A.r' I,e'cI. g;,rt: !., H• •r nowc•r ,,r I cn Ie! when zl\en As prl,s!ded
<br />In flit, pdragiaph
<br />15. : ;overning Lsw; tirserahillty I ! ,♦ acs : IIS t: s;; olio::: ,!. is , p scme•(i t,•, tedrra jaw And 'ti- '.a \s A the
<br />)uns,71,!wv :n which the Pr•je ^, :, ra(cd It :hc e,c:a ' "•,li .i:•, i n �s 1. -iau,r ,t ;hl, sr urll\ ltl,trclnew oa the
<br />\:ore Inifll,ts %Ith applicable :aw. s:sh _,cool.! ,na!! mot sttr,t th:r I` •.!,l 'n, . t this se, url:s Ir,,rn ;merit , the ss "le
<br />,. 11L,h -J', `-r gr,en ctlec! wltt -,out 't" ,n� :. •� :!� p .'\',,oe i , ,.,:.....,r .•.,, \c'.ur:!I h :. unlc•nl and !hc
<br />\,•te Arc 1e. ia: cd to h c sc\ erarlc•
<br />16. Borrower's Cop), fi• r• •war ,na ! ^c• r;,cn r,r , TTrlC,l , j "c \,•:,' ;ula .ot h., sr.unh in,irununl
<br />1' Transfer of the Property or a Beneficial Interest In Horruwcr !f A ; o!, part t the Pr,•perly ,,r any
<br />ntrrr,! Ir II is -,w or trarrstrrrrd ; : hrnrll, tai "Tcs! r!i 11•, art ;....,, Jn♦rcrred e!!,1 K,!, ,car :,!1..; a nodule
<br />person: wOho,ut i-cndcr s p tl,or wr!••cr. ,en: I :!Idol Md, J p :I ry,l::c• nn It) ed!A!r ;'d, n1rI0 :,. !iii , f .til sun:,
<br />secured 1,\ !his Sctunty lmtrutn-n: h(• wcset 'his . pt:, n ,h..!1' .. ^c sci,: ♦rot ^, t er.,l. ccr.tsr Is !,rJi :h :trd n\
<br />tedcral taw a, of the date cot this Scyuni, I llstrurr.ent
<br />If 1 rodrr cscr.tscs th; oplio❑ I rh,]rr shah gr.. Brtt w•. r ! J,.ricla! .,r, i I;•. ♦ha. I'i ,cot' . ;, l _
<br />.,f ti, ti !ess Ihari*,(' Jays :fo,in t he dA l r I he not I, e l% Jc. r. e r rd t r Ah., ^H•.r,..wk ...1, +.A, A ii, 1. n 1, ,.. .. „'•\
<br />tu\ `e, ar I!, III I unit sir If H. or r• 'W C '!AI!, !r pa, Ihcsc ,, :na ;,rn 1 , ,; :r l;„ , . ,! 1 r.,,t 1 roar: m: a, _.. •�< e:
<br />rrricdtr, tct +ti ;•tccl by *,fin lr,.ur-,\ Inslri, .tent w1'h o;r?.o• ,.•r J, i It, ..`,
<br />18 Borrower's Rryht to Reinstate If 14 "r. ,wc'r ,item, rl, w. t . fi,•.. H • • J . ' .!,r :t,•' ' viii J
<br />Lti ! ! f. •. ill, tict•lni,t trsr unlll J' JI \
<br />♦ 1 .r � ..rid 4 !•. ., , i` •' � .. ..
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