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<br />if Lender required mortgage Insurance as it condition of making the loan secured by this Security Instrument,
<br />Borrower shall pay tine
<br />premiums required to maintain the insurance in effect until such time as the requirement for the
<br />insurance terminates in accordance with Borrower's and I written
<br />"ender's agreement orapplicable law.
<br />8, inspection. Lender or its agent rnay make reasonable
<br />entries upon and inspections of the Property. Lender
<br />shall give Borrower notice at the time ofor prior to an inspection specifying reasonable cause for the inspection.
<br />9. Condemnation.
<br />The proceeds of any award or claim for damages, direct or consequential, i • c. ^,anection with
<br />any condemnation or other taking of any part of the Property,
<br />or for conveyance in lieu of condem hereby
<br />t assigned and shall he paid to Lender. nation, are
<br />t1 In the event of a total taking of the Property, the proceeds shall he applied to the sums secured by this Security
<br />instrument, whether or not then due,
<br />with any excess paid to Borrower. In the e%ctu of a partial taking of the Property.
<br />n unless Borrower and Lender otherwise
<br />agree in writing, the sums secured by this Security Instrument shall he reduced by
<br />the amount of the proceeds multiplied by the following fraction: (a) the total
<br />amount of the sums secured nomediately
<br />before the taking, kit%ided by (h) ttic fair market value of the Property
<br />`r
<br />paid to Borrower lmniediateiy before the taking. Arty balance shall be
<br />If the Property is abandoned bv Borrower. or if, after notice by Lender to Burrower that the condemnor offers to
<br />make an award or settle a claim for damages,
<br />Borrower fails to 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
<br />to restoration or repair of the Property or
<br />to the slams secured by this Security Instrument, whether or not then due.
<br />Unless Lender and Borrower otherwise tit
<br />agree writing, any application of pr cecds tit principal shall not extend or
<br />postpone the due date of the monthiy payments referred to in paragraphs 1 and
<br />_' or change the amount of such payments.
<br />10. Borrower Not Released; Forbearance By Lender Not a Waiver.
<br />Extension of the time for payment or
<br />modification of amortization of the ,urns secured by this Security' instrument granted by Lender to any successor
<br />interest of Borrower shall
<br />In
<br />not operate to release the hahilny of the original Borrower or Borrower's successor% In Interest.
<br />Leader shall not tit- required
<br />to commence proceedings against any ,uccc• „,lr In Infere%t or refuse to extend time for
<br />payment or Mherwrse modify amortization of the %ums secured by Secunty
<br />this instrument by reason of any dernand made
<br />by the original Borrower or Borrower's successors in interest. Any forbearance by Lender In exrrcl,lne :tin right or
<br />,hall not he w'aiverofor
<br />remedy
<br />preclude the exercise of any right or rernedv. ”
<br />1, Successors and Bound:
<br />.Assigns ,joint and Several Liability; Co- signers. file covenants and agreements of
<br />this Security Instrument shall hoof and benefit the successors
<br />and assigns of Lender and Burrower. subject h, the pro%Istons
<br />of paragraph 17. Borrow'er•s covenants and agreements shall ho-
<br />joint and several Any Borrower who co -signs this Secure%
<br />Instrument hilt (furs "of execute the Note la! 1% co- %igmng this Secunty Instrument
<br />nnh to mortgage• grant and convey
<br />that Borrower's Interest ill the Pruperri under the lernis of this security Instrument
<br />(b) I, not personally „hhgated to pay
<br />the sums secured by this Secunty Instrument, and (c) agree% that I ender and any other Kimmel- nlay agree n,
<br />modify, forbear or make
<br />e.xlcod.
<br />any acctirnmodations wlth regard ill Ihc• terms of thus Setunh lusuument or the tintr %vllhnut
<br />that Borrower'sconsent.
<br />12. Loan Charges. If the luau secured by tit's Security instrurnc•nt
<br />IN uibicct to a laK uhlch set, nlaclnlum loan
<br />charges, and that faw Is finally Interpreted tit that the interest ,t Ioan
<br />other .11arL!e, collected .,r In he collected in
<br />connection with the total, exceed the permitted limit-., theft' (at any such loan charge he
<br />shell reduced h} Ihc amount
<br />necessary to reduce the charge tit the permuted limn; and (h) any stints already collected from Borrov%cr which exceeded
<br />permitted limns `III he refunded to Burrower
<br />1..cnder lnay choose to make this refund by reducing the principal (lived
<br />under the Note for by lnaking it direct
<br />pa)rlient to Burrower ff a refund reduces principal. the redllctitrl "III he fre;ated ax a
<br />pariiji prepayment %%7lhout an% prepal rnc't)t I, hilrge llllder the Note
<br />13. Legislation Affecting bender's Rights. 11' enactment nr r.xpiratlun
<br />„f applicable laws 11 %the etlecl of
<br />rendering any prt,%t,lon of the Notc• or rho security In%trurnent unenforceable accr,rtling to it, teens. [.ender,
<br />may requtre imraaediate
<br />at IN option•
<br />payment ill 1,111 .,t it,) ,tints secured by hats Secure% Instrument and m:n, trl%(,ke ally remedies
<br />permitted by paragraph 11) If Lender exercises this option, Lender
<br />paragraph 17 shall take the step% specified lit t6e,econd Paragraph of
<br />14, Notices. Any nonce to Borrower pro%Itfed for in this Sccunh Insrrurnerlt %hall be, gl%cn itN dch%crnng It 1 h%
<br />P ;Si�tlmg. it ity hC,3 , lilxx lilall ""Jess applicable law requires
<br />use of another r i ihod [lie Visits' ♦half he dilecic'd I!., tilt'
<br />Property Addre„ 'if ' ally littler' address Borrower designates by rllnicc• 1st I. efidet Ally
<br />hest
<br />DIIIIL t,, 1, <'nder ,hall tte ro,cri b%
<br />CIA%, Inalf Io I clider', address stated hereon or any other address Lender dfslgnutes
<br />by noutc !I, Bui r +,w el 4m Hoare
<br />pa IhF% pa ag In this Secure% {nsVUment shall tie deemed to have been gl%cn to Borrower or 1 cwteF a hen
<br />rsl this paragraph"
<br />�1%rn as psi, %]tied
<br />IS. (;overaing flaw; Severability. I ht% SeCurit% luslrinunt shalt hr
<br />c:,%%nletJ h% (r;Jera! I.rt% Ault; rhr I.:%% ,11 It),,
<br />urlsdlt;tcil In which the Property IN h t';ted. Irt the a %colt that any pro %111„11 if rLnnc ,d lilt% `se;ur;1% In,rn :nli'nt „r tt!c
<br />N„te (F,IttllL:% with applttahic law. Such Conflict ,hall Blot :fled
<br />.,the,, rro%i,ion, .,f ihl, secn111% IFl,t rlrnc-nl It Ihc
<br />'AhI h tan IV elt.erl ctfCCI without Ille %ontlicting pro %im, fo lilts end Ill"
<br />III
<br />N,!
<br />:e air declared pro%I,luus of fhl,
<br />to be %everable tie%UTiI% fll,lfnitleltP ;f11,1 lion
<br />16. Burrower'S(bpy. Borroollershall he gitcta!,ne,,,fiforrncd.,,p%I`I ill.` \, "e;Ind it I tit, \ri tie ll% 111,1 f litnc'ni
<br />17. Transfer of the Property or Beneficial
<br />a interest in Borrower. it all I,r an% parr ,d Ihc h'r „pelf !v "tit
<br />:nYrre,t f „l n 1, ,old nr trailOcrrcd (tit II a h-tificlal Interest Ill h3urruwrr Is ,,,Ill „r tran,frrall t 'if file I
<br />;and t, non :1 n,ltur.l!
<br />f>8.'r46 tn+ K ItliUtlt Ler1%!e r', pouf IN Corl,eill, Lender Ina), at its I,pll,arl, Ie(j IIllc ;; Itillvdialt' paNIII •nt 111 till!
<br />t%% Ihi, 111,1flnlal'rlt.
<br />flicdaty ''I ,ill ,uaai,
<br />f10K't:%er, till%'.,pilaff) shall n„t Ito• t'Seltl,t'd by I solid it r\('r'ct,c Is pl „,hjhlwd 11%
<br />federll
<br />Jcdsrrat l:iw a, Pf uhf (i;alc•,If tills Secul -11% Jus(rumew,
<br />if Lender eternises tills option. Lender shall give BorrnKer n,tice !,1 c ri(reuun i tee• noll,'e , hall pis „ ;,J,
<br />f.11sl le %N Ulan 10days front the date the I„%J
<br />.I prl
<br />notice Isdelncred tit m: ilc(I Kilhnl Mir, Is B,Ire,wcr nn„t pay ;lit ,nfn,
<br />Fills S/;citr Dr %' Inalrnnicnl If Bflrro, %t•r falls t., pay Ill"t',L1I11,
<br />Prior II, Ihi' l'x l,IraIII,II ,!f Ile, p<'rl „t1, i ('odic 111:1% 1111!ik c' .III1
<br />rctne :dl�y perinlltr%l (ty Ihi§ SCC ll illy' Insirofnfnt wlthOut further
<br />tu,llic nr dernand ell Bl,rrFt%%pl
<br />18. B"rower's Bight to Reinstate. If' Bill r..wer meets
<br />cclI3111 conllulon,, Borrnwct shall have Ihc 11011 to ha,c
<br />nf?rcl rnr:fir t4 lhl, SeCurifV lnirrunient dhC.,11111111 10 It Itly If fill' j,fr„T In Ihc (-.infer A, (,al l l%, for
<br />Flsf"164:ahf4 few rri FY ,pCtlfy h, 4 ,Ill
<br />f
<br />r % if it ernenll II I'n („ rl% pur,uani h, an% p!,url I ,Flt t,'nt•unt,l In tot,
<br />% urftsI, In, fn, In, t, rIhinote} ofaJudr±
<br />cril",,lie!,itsF•
<br />rullnlrnht • :nlgrill,ti<curlhtmtnnn('n1 Ih ow.,,nohtut•,tic111.:1B,,fl,',vri
<br />d1 E a,a I 'l J'r Ill ,lilvis Whit If thl'11 tli"old fit. ,Jul.: llllder
<br />till tit., t.'f Ili ill,lrlllllt'tll Old
<br />+%auTr�tl M.} ltT�, ;ep% ill•I�lt11t „f d f11, 1, :Ir ho,.l n„ ,!,,: h I Ilnvr
<br />ley !,tiu;r
<br />,n cnanl, "r ,tp 1 cnu ill, . 1 I e„ sill % %tp Its nr, ill led 1l, , nt 1 nl • %In
<br />si: Ito% i , Ir I/ r t fu,, ,ill If„1 lush t ,
<br />! bun l l hl, n u,on,lhlr
<br />of r„ I , ati 1,11 t ak( u• 1
<br />„nnhiv ! 1 ro „n h.0 !hl hun :!t Ile, rl� ,,, !, 1
<br />c uf,l% In,uum. t. I ! l.r, !n f
<br />.till•. th r p<_st% i,ti H II ncl -,
<br />pa, he '.olli urcd by ±hr h<'(FI1Ut tn,lrnn n ,hall
<br />on
<br />I'1 bgal11111, t If”, fit'
<br />.J it W:, ! ,11:111 "'1 .1 ,11, , cols..
<br />.l ..” I , 1•, I•.!t.! :
<br />1
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