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If Lender required mortgage insurance as a condition of making the loan secured by this Security Instrument, _
<br />Borrowcr shall pay the premiums required to maintain the insurance in effect until such time as the requirement for the
<br />insurance tern;itrates in a ccardance with Borrowers and Lenders written agreement or applicable law-
<br />.. 8. inspection. Lender or its agent may make reasonable entries upon and inspections of the Property. Lender
<br />shall gn e Bore ?wer notice at the time cif or prior to an inspection specifying reasonable cause for the inspection:
<br />9. Condemnation. The proceeds of any award or claim for damages, direct qr consequential, insonneetton with
<br />an} Lrondemnation or other taking of any part of the Property, or for conveyance in lieu of condemnation, are Iterehr
<br />assigned and shall be paid to Lender.
<br />In the event cif a total taking of the Property, the proceeds shall be applied to the sums secured by this Security
<br />Instrument, whether or not then due, with any excess paid to Borrower, In the event of a partial taking of the Proerty. ,
<br />unless Borrower and Lender otherwise agree in writing, the sums secured by this Security Instrument shall be reduced by
<br /><, the amount tit the proceeds multiplied by the following fractjore (a) the total amount of the slims secured immediately =.
<br />before the iaking, divided h} (b) the fair market value of the Property immediately before the taking- Any balance shall be
<br />paid to Borrower
<br />If the Property is abandoned by Borrower, or if, after notice by Lender to Borrower that the condemnor oilers to
<br />f make an award er settle a claim for damages, Borrower fails io respond to Lender within 30 days after the date the notice is
<br />given, Lender is authorized to collect and apply the proceeds. at its option, either to restoration for repair of the Property or
<br />to the sums secured by this Security Instriurcm_ whether or not then
<br />bender and Borrower otherwise agree in w riting, any application of proceeds to principal shall not etitertd or
<br />postpone the due date of the monthly payments referred to in paragraphs I and Z or changethe amotmt ofsuch payments.
<br />10. Borrower Not Released Forbearance By Lender Net a Waiver. Extension of the time felt payment or
<br />modification of amortization of the sums sauced by this Security Instrument granted by Lender.io any successor sit
<br />interest of Borrower shall not operate to release the habitity of the original Borrower or Borrowers successors in interest_
<br />Lender shall not be required to commence proceedings against any successor in interest or refuse to extend time for
<br />payment or otherwise modify annortization of the sums secured by this Security I rtstrurnent by reason of tiny demand trade
<br />t, by the original Borrower or Borrower's suc ^lessors in interest. Any forbearance by Lender in exereiising,any right vrremedv
<br />f shall not be a waiver of or preclude the exercise #.£any right or rctnesly
<br />t 11. Successors and Assips Bound: Joint acid Several Liability; Co- signers. The covenants and agreeznesrts of
<br />this Security Instrument shall bind and benefit the successors and assigns of Leader and Borrower, sulvtect to the pnwtsrorrs
<br />of paragraph 1': Borrowers covenants and agreements shalt be joint and several. Any Boorrower wlre civ-stgns this Security .
<br />a- Instrument but does not execute the Note: (a) is col signing this Security Instrument only to i iortgage. grant and convey
<br />is that Borrower's interest in the Property under the terms of this Security Instrument, (b) is not perssirtany obliptedto pay
<br />the sung+ secured by this Secunty Instrumeni: and (c) agrees. that Lender and any other Borrower tray agree to extend, '
<br />modify. forbear or make aav acrommodaticmx with regard r -:a the terms of this SeeuritV Instrument co the Note without
<br />that lirorrower's ccinsent.
<br />1:, Loan Charges. If the loan secured by this Security Instrument is subject to a law which st2s maximum, loan
<br />c harges. and that law is finally interpreted so ihat the interest or other loan charges collected (it to be collected in
<br />connection with the Bean exceed the permitted Bruits, then: ta) any such loan charge shall be reduced by the amount
<br />occes:ary to reduce the charge to the permitted limit; and (b) any shins already collected from Borrower which: exceeded
<br />�"C"Mitied limits will be refunded ill Borrower. Lender may choose to nuke this refund by reducing the principal owed
<br />stiller the Note or by nwking a direct payment to Borrowet. If a refund reduces principal. the reduction will be orated as a "
<br />lartial'prepaymerrt without any prepayment charge voider the dote.
<br />13. Legislation Affecting Leaders Rights. If enactment or expiration Of applicable laws has the effeef of
<br />rendering any provision of the Note ar this Security Instrument unenforceable according toi its terms; ieruicr, at its option,
<br />may require immediate payment in full of 311 sums secured by this Security Instrument and may invoke any. renutdietc _
<br />permitted by paragraph 19. If Lender exereises this option, Lender shall rake the steps specified in the second paragraph of
<br />paragraph 17.
<br />14, Notices. Any notice toy B>rr :ewer provided for in this Security Instrument shall be given by deliveringit.or by
<br />marling it by first class mail unless applicable law requires use of another method. The notice shall be directed to the
<br />Property Address or any tither address Borrower designates by notice to Leader_ Any notice to Lender shall be given by
<br />first class Mali to Lender`s address stated herein car any other address Lender designates by notice to Borrower. Any notice
<br />provided for in this Security Instrument shall he deemed to have been given to Borrower for. Lender when given as provided
<br />in this paragraph
<br />15. Governing Law; Severabilitc. This Security Instrument shall be governed by federal haw and the law of the
<br />jurisdiction in which the Property is lc�caled In the event that any prolim on or clause of this Security Instrument ttr the
<br />Note conflicts with applicable law, such conflict .hail not •affect other provisions of this Security Instrument or the Note
<br />which can he given effect without the conflicting praiyisiosn. To this end the provisions eaf this Security Instrument and the
<br />Note are declared io be severable
<br />16. Borrowers Copy. Borrow er shall be given :me conformed copy cif the Note and of this. Security Instrument.
<br />17. Transfer of the Property or a Bnefreiai Interest in Borrower, If ail vat any part cot' the Properly or any
<br />interest inn RnT <<w : i ac - <t,
<br />person) without Leader's prior wntten Lonsent Lender tray. at It-,, Option, rtNulre I turned wic payment in full tit all sums
<br />,Tort firm" lhl� _CrLu lv H7 4w l7..-- .x.6::11 .,�.... he .. a -6.. '1 �._d_ J'.... �.......:.. .
<br />- --- - -- �'��v ,.�. - � .r,.- .�,.dsrrti r4��` -:: F:r -.:i � .�.�- �*€zss,,'= .,.z.x rn� �- ,..�rersaraz : -
<br />federal law as of the date itf this SeLunty Instrument
<br />I1' Lender exercises this oplicrn, Lentlei shall give Borrower noticc of acceleration Ilse wiice shall prod ide a period
<br />of not less, than 30 da) i, from the date the notice os delivered oxr mailed within which B)rrclm cr must pay all cunt_ secured by
<br />this Security instrument. If Burrower £ails to pay these sums pritir to the expiration of this period, I_erider in.1% Invoke In'
<br />remedies permitted try this Secunty Instrument without further notice or demand flit Bin oll er,
<br />18. Borrower's Right to Reinstate, If Borrowet meets certain conditions, Borrower shall have file right ,ti hale
<br />enforcement of flies Security Instrument disco n n,ioed at any Relic prior to tite earlier evf t.al 5 d tvs i"r'Lick 0i ii: l ericnl a,
<br />_
<br />applicable law may specify for iein,?ateitfraO t*e lice sAlc of the Prvpet1% pursiaani w any l awci ,.f soh: c alt wlcd iii fhis
<br />Sccunly Snstrumant- or 01) •miry 'of a Judgment cnfirong tint sccnrity lu,frun+eil! t]'litt Itoarr Fuca
<br />tat pays Lcrider all suer, uh=ch Olm would he due under this Sccurn) lni;trunte_tt .end !It,: N,itc hat aae I %ojo
<br />Seeiiirry 1n.tFtimt'l3 {. reeluding, bw tw! hlSlll"I lo, rel,,"ll'irnle i9ffi'IneN, fre, jnd lill .f{S" t41,1i i'llon + I ; ;1,( « 2' ;o
<br />jca' inanl} rc=.tt,h�A t_ -a,. stye the'l the hell r rinv se.unly It'll'uaawfo- uchl . =t slt. P's ; —, I� .,._si 117l`
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<br />_irt', It ,i,rr" ifill ,1,v t i..m . •t., ;i =c. -.,t i �. Qi • -d,, ..�t,s,l. t ..`Y,
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<br />drc.i 11. 'lug
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