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85 005096
<br />If the Property is ahami „ncd b: Hor ro%,ci.: i If, after notice by Lender to Borrower that the condemnor offers to
<br />make art a%%aid or .ertle :I claim lot Jam.w,° . Ilot rover fails to respond to Lender within ±0 days after the date the notice is
<br />green, Lender Is authorized to collect Ind aly•i : life prow :ells, at its option, either to restoration or repair of the Property or
<br />to the sums secured ba this SecLlnry Instl unieot, whether or lint then due.
<br />Unless Lender and Borrower otherwise agree rot writing, any application of proceeds to principal shall not extend or
<br />postpone the due date of the monthly pay nients referred to to paragraphs I and ? or change the amount of such payments.
<br />10, Borrower Not Released; Forbearance By lender Not a Waiver. Extension of the time for payment or
<br />modification of amortv.ation of the stuns secured by this Security Instrument granted by Lender to any successor in
<br />interest of Borro%%cr shall not operate to release the liability of the original Borrower or Borrower's successors in interest.
<br />Lender shall not be required io commence proceedings against any Ucccssor in interest or refuse to extend time for
<br />pa,rncnt or .,thcrwise mr,dif ", amortization of the sums secured by Ihrs ik uI if y Instrurnent by reason of any demand made
<br />by the original Brower or Ilorr .%cr's successors in interest. Any turta_ u, by Lender in exercising any right or remedy
<br />shall no! he .i ,sane- : ! .,r ; re. :lade the !• er'cise of any right or rcm •r.11,
<br />1 1, 5nrcrssor% and I,silms flound; Joint and Several I iabilit , ( ,.lavers, the covenants and agreements of
<br />this sernrlt,. i! :,rlunp•nt sha'i I-md nisi h,:ne.!it [tic'11ccesser, al ,.:;•;r• it E., :n,ier and Borrower, subject to the provisions
<br />of paragrahli I - Eh,rr,•.crr' covenants and asreentents shall be mint and Soct it .Arty Borrower who co -signs this Security
<br />instrument hill 1. '; :101 e,e. !Ml- tht• Noic rat :s co- signing this Sccuiirr Instrurnent only to mortgage, grant and convey
<br />that Borrower's IntCre +t n the Properry miler the !ernes of this Security Instrurnent: fhi i% not personally obligated to pay
<br />the sums secured h, !!If' Secnnr, In <tnarnenl: and ice aerces that l.end,:r vmh an, other Borrower may agree to extend,
<br />modify, forbe a
<br />ar ,,r n,ak:• ,n; rcamnr- ,havens with r, Bard to the Icrms „i this Secunty Instrument or the Note without
<br />that BorUl%%er's c(In(,c,rtt
<br />12. Loan r'bnrt!, s. to, -tic II• w rc tied by !his SeCUrtl%' inslr: fir , • • lihlccr It) a law which sets maximum loan
<br />L:hjrge %. ail{ 013! !A'R p1i • to "i `n !hat the interest or 1her loan :barges collected or to be collected in
<br />connection ,%!I!I tFr !ra th,• n,.•irrtfr-d lintus, then ( : +t any :ugh loan char e shall he reduced by the amount
<br />necessary to red!ICe -lit- chi: _-r n th^ p,_;mttted hunt. and thl anv stuns aireadv ;,Ilected from Borrower which exceeded
<br />permitted lr,'Ills %kill he renlm'.ed cr H•,rrovv, r Linder may : hhose if, make this refund by reducing the principal owed
<br />under the Note ur h% making a lurch p :ICment to Norrower. ll a refund reduces rrincipai, the reduction will be treated as a
<br />partial prepav tiled utthout w,. prt•p:rvrnent charge under the Note.
<br />13. Lr:islarton ',ffectine I.ender's Rights. If enactment or esptnt!on of applicable laws has the et''ect of
<br />rendering an% pto%iswi, I • s I- i rlruv Instrument unenfi,r,r.+hle . i:cI idn,g to its terms, Lender, at itsoption,
<br />rnac require ;mmed+at,: gait• :,I i ;l fit Ill .erns secured by this Securit, Instrument and may Invoke any remedies
<br />permitted h, par:: g!: +ph :!Q !: I r ,. r ,:ter: , Ili, ortion. Lender shall take the steps specified in the second paragraph of
<br />paragraph I'
<br />13, Notices. ,I r,. Bore %kc- • rot Mitt li,r In !his.' ;rcu; n . `n•, ultr.rrit shall he given by delivering it or by
<br />mallItlg ;, ! .! r„ ' "iW %% rruul :es. use Ill dill • ,.. :m•Ih,•d -file n,arcc shall he directed to the
<br />Property Add-- ail. .. 'Ii I1 I u v%r.r .lrsrl::rate. h•, nenec r I. ^icier Any notice I,) Lender ,hail be given by
<br />first •_lass :tall t.. L, ^.c::,t' .r! I_J hitch! r•r anv „thrr oldie s E enkhcr lesienales ilk notice to Norrower. Any notice
<br />rr,%uled I:,r In I!u- , I rumt•fit ,hall derrried to im%e hct n earn ro R,,rrowet ,x Lender when green as provided
<br />in !his rm:le! It'll
<br />15. Governing 1 a,,: Icstr- :rrr,•nr ,h,,il !,c :•:,%ern,:d I -•_c federal law and the law of the
<br />lun%k:acnen u+ •vhich ,be 1'11 p• at,„ III !lw ry %nI Ihat .ieis rr,r% Swn ,,r .!au%e „f this Security hns!rument or the
<br />Note conllic!% %ill) arl,hs :ihl, :'a,% such ., ntli,, ,hall lust affect other ^rnsr•I,m, , f ,his Security Instrument or the Note
<br />which can he o: . 4i ct wail -, rr ,hr on.fliit:oe pr, r.iswn Lo flits --fill Ina pnnlVons of this Secunly Instrument and the
<br />Ib. Nnrro,, is (' „fit. !:•I: .k.: ,' -,, •n w. ., fir, nr.r,! ry I Note and of this Securtry Instrurnent
<br />17. Transfer of fit,- I —1wort% fir :i Renrt+cial Interest in Nl,rniwrr 11 Ill ,,r .in% part ill the Property or any
<br />Interest in I,i . I • 1 '' .. n ;t1I,•,t In 11.,:- % J,! ,a Ir "Il,lerled and [lotrowei Is nor a natural
<br />per,isni %%iih„ut i ;fide -r ,, 1.•.. , 's Ir., ail. I c ildcl min, It 1, ,f f:: n. 111:1„ mn,edclte payrrit•nt ill Iull ,,f all ,urns
<br />secured ht rills Sic ^.rot!•. I ". Il..,k,•sc1.'hI, .1,rn•n it . "t hr ek.r.r,.,I, ',v Lc!Idcr it' exercise Is proilihucd h%
<br />federal lily 'is .,I li!" d;lw •! ,, , .: •, hi,Irunertt
<br />If Lender r :srr,i- , Oil- :.,if I •note•! .hail a i.c !l „n,•o. r n „li,.c „f Ic.,•'rr u:,vt 1 Ile notice shall pto%nle a period
<br />,if riot Tess rhao, inr!ev. rI `n, !i ! r:, ,,r, .,,tic• „.1,'.,, ^•,1 1 In.ule,l wr!huI aiu.h H,nr„%%er rill,%' par all sunn,ecured by
<br />thtsSecur:t•. In tuan"nI It 11, Ir „vsci t.nls ,, pin flit,.. ,um, rn„r n, rile c\!•Ir,iu„n ,,f Ills period, I.erldCf Ina% rnvokcany
<br />remcdie%pernrtltt :d h,. fills s,ec :n!e Ilistrurn rot 1%11' ill I-MII1 r m ticc,u ,1, ^hunch''n Horrowei
<br />19. Borrower's Right to Reinstate. It li, ii,mer meets .ert.un _cii(lo ins. limre%%er shall hake the rreht to hake
<br />enforcement Id!h:, c.•._!r :i•. Listrum"Ill ,asc,,nlinued :I! .in% 11111,. t•n,i i„ Ihr - .idler •if (,,I s ,lays (or such other perted .Is
<br />apr}scahle 'lot% rota, ,!•real. ! i •• a ,Ialrn :fit I hefoic sale ,.,I the I'•, !•ant pur,u,Inl u) any power of ,ale contained In this
<br />Sccunh GLr,.um h, ,•rIu. •f.: ; iJrmcnt ent,r,rng'hr. s ::oohs Imtrument Those :ondmons ate that Norrower
<br />(a) pays I cmf••r .!!I .,art, %O' ,'r„h, if v% aild he ,fug midt I flu, Security Instrurnent and the vote had nn aCCeieral1011
<br />mecum-_• :1 ,hI ,.•tr, . In. b! alit „I an•. ,glIcr rov, nail, Or .icrcr!nent• ,, ) pay, Al eapctkse% incurred In enforcing this
<br />4rcunn ! ,,,r,inaat. rnclu,l..,,• 1:1,1 nrI bl :ntcd lo. rr ;u,niahh hurries% t es, and 111) lakes such action as Lender may
<br />n!asunai-iv :r a,nl, ',. . +,•err :::.r rhr l,..ri f 11.1, `sr,.uluv In,tnanr•ni, I • ";Idcr', rt+hl, rot the Prn,per'v .Ind H„rn,wer's
<br />hhgar,,,,I r, Lr•• ,! rr "I•fl ifs rin, Setn rr, In,Inunrnt ,I,.!il ,nrnu, unchangel l :plvi rcol,tarenlc :fir 1%
<br />Horn,uer. Ili•. I,- r,•Ilucnr .,m1 thv iti,•ri :':.id
<br />e,urrrtl 7 rot: ,, •m,, rte• hAl 1,,f 111!11" .n .,,. �.It1,m oiler I'.irdgtapit, , fir 1-
<br />N, Iv (' :n „a t (', r. r . n'; I ` Norrower mid l ,ndri further rokcnar,t and agnx as follows
<br />19. Accrlrr•ition; Itrnr,dic%. Lender ,hall give notice to Norrower prior to acceleration following Borrower's
<br />breach of anv covenan( fir wr,rrnenl in this Security Instrument thin not prior to acceleration under paragraphs 13 and 17
<br />unless applicable law pt,oidrs otherwise). The notice shall specify; till the default; (h) the action required to cure the
<br />default: (c) a dime, not Irs, 111:w tO d•,vs (rant the date the notice is given to Norrower, by which the default must be lured:
<br />and (d) that failure to rurr Ilse drf:mO nn or brfrrry the date speritied in till, notice may result in acceleration of the sums
<br />secured by this 5ecnnt% hiorillo,M ;roil NAv if the Propctty. the noaue shall further inform lorrower of the right to
<br />reinstate after acri'lt!vIlinll and tit,• ril ;hl to brine; a court action to askrrt rhr non•esistrnce of a default or any tither I
<br />defense. of Morrow, r to arvelkrotion and sale. If the default is not cured on fir before the date specified in the notice, 1 ender
<br />at its option may rrVUne inunediute payment in full of all sums secured by this `ie :urity lnstri n eitt without ,rurthcr r-
<br />drmand and may invoke the dower of sole sod ;my other remedies permitted by aliphcalllc law, I coder shall he enhtlyd Ill
<br />collect all e+rprnses tricurrrd in pursuini{ the remedies provided in this paragraph I'), Including, hilt not hnllted to,
<br />teasanablr• artorar%%' fres and t-,,%t% of title evidence.
<br />If 16,• pnwrr •,( sir), r, nknl :,d, Muster %hull weird a wills •,i 1.fmit it ,.I. h ;,mnai In ,iIII,h .Iii part of the
<br />Proper t% I% 1. If Ilud .ind ,hall ,n.,I1 , olnrs „f %n, h omit c in Ili, nhnul, r Ill o•., , Ih• d hi Ip Ill It'0,1.- I,iu I.. II, ,,,I -c, .ind t„ ill,
<br />other persons per,,, I,Ill d In 1 mil wit l0 Inw. It flrr Ihr !tor n qunrd h% pp11. a ill , Lek. I Iusrro ,11.11 , r,I ;u, hi t% n „tiro
<br />saic to Ihr its- rsrrns ,Inot fit Ihr oiann,,t Ill %, nhrd by applit.1111, lax l I I ,h r. ,k . 111. ,,I drill.on,l ,,n !I.,11 ,"I t ,11.111 ,ill iho
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