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85, 0061,57
<br />' If Lender required mortgage insurance as a condition of making the loan secured by this Security Instrument.
<br />Borrower shall pay the premiums required to maintain the insurance in effect until such time as the requirement for the
<br />insurance terminates in accordance with Borrower'— and Lenders written agreement or applicable law.
<br />$, juspeeti:wi. lender or its agent may make reasonable entries upon and inspections of the Property. Lender
<br />shall givo Borrower romwe at the time of or prior to an inspection specifying reasonable cause fray fire inspection.
<br />f, Cowtlewwatiow. The proceeds of any award or claim for damages. direct or consequential. in connection with
<br />any c,-tndemnation or other uktag of any part of the Properly. or for conveyance to lieu of condemnation, are hereby
<br />assigned and shall be paid to L.en4er.
<br />In the event of 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 co, cni of a partial taking of the Prat- -
<br />unlessBorrtmer and Lender otherwise agree in writing. the sums secured by this Security Instrument .hall he reduced by
<br />the .amount of the proceeds multiplied by the following fraction: (a) the total amount of the sums SecurzG tmrnzdtateiy
<br />before the taking. divided by (b) the fair market value of the Properly immediately before the laking..An% balance shall he
<br />paid to Borrower .
<br />If the Property is abandoned by Borrower, or if, after notice by Lender to Borrower that the condemnor offers to
<br />make an award or settle a claim for damages, Borrower fails to respond to Lender within 130 days after the date the notice is
<br />given. Lender is authorized jo collect and apply the proceeds, at its option, either to restoration nr repair ofthe Propen} or
<br />to the sums secured by this Security Instrument. whelher or not then due.
<br />Unless Lender and Borrower otherwise agree in writing, any application of proceeds to pnncipal shall not extend or
<br />postpone the due date of the monthly payments referred tom paragraphs 1 and 2 or change the amount of such payments.
<br />10. Borrower Not Released-, Forbearance By Lender .'slot a Waiver. Extension of the time for payment or
<br />modtfication of amortization of the sums secured fey this 'Security instrument granted by Lender tr, any suc.ctss r to
<br />interest of Borrower shall not operate to release the liability of the original Borrower or Borrower's successors in tnterem-
<br />Lender shall not he required to commence proceedings against any successor in interest or refuse to extend time for
<br />payment or otherwise modify amortization ofthe-sums secured by this Security Instrument by reason of am demand made
<br />by the original Bottrower ar Borrowers successors in interest. Any forbearance by Lender in exzrcoonp any ngh:t or rzmeuy
<br />shall not he a waiver of or preclude 1 he exercise of any right or remedy.
<br />11. Shots and :assigns Banned; Joint and Several Liability; Co- signers. The covenants and agreements of
<br />this Security Instrument shall hind and benefit the successors and assigns of Lender and Borrou t r. su:,je.. u, the pro %isions
<br />of paragraph 177. Borrower's covenants and agreements shall he joint and scveral. Any Borrower w ho co -signs this Security
<br />Instrument but does not execute the Note: (a) is co- signing this Security Instrument oil± u, mortgage. grant an t come}
<br />that Borrower's interest to the PruPeny under the terms of this Se
<br />curty Instrumem {t t is rn,t P rsnnally . +hl :gat rd 1c, , ay
<br />the sums secured by this Secunty Instrument: and icl agrees that l seeder and any other I;orrowrr msy s rte u, ettcnd_
<br />modify, fortwar or make sny accommodations with regard it, the terms of this Secunt. Instrurriznt or the N01C uItli"I
<br />that Borrowers consent.
<br />12. Lawr Charges, if the loan secured by this Security lnsti umern is subject it, a lau w hick sets maximum lean
<br />charges. and that law is finally interpreted so that the interest or other loan char-ges c.+Ilectt<i nr to cvt rllrcted :rt
<br />connection with the loan exceed the permitted limits. then: ia'i any such loan charge .hall he rcduccd try lhz zM—.1
<br />necessary to reduce the charge to the permitted limit. and tb) any sums already cotiecled from Borriw er which excc-cdcd
<br />permitted limns will lie refunded to Borrowet. Lender may chooSC to male this refund by reducing tier principal a +u ea
<br />under the ltme or by making a direct payment ro Borrower if a refund reduces principal. the reduction wall Se trratrd as a
<br />partial prepayment without any Prepayment charge under the Note
<br />13. Iziiislation Aflecting Ixtrder's Rights. if enactment +,r etip,ratton of apphcahle laws has the effe,'t of
<br />rettdertr:g any Prc!vtslon ofthc tiatz or thisSecurny instrument unenforcrahie :i... rdinL io ii, +.c'rrns. Lando , st its ,l •,spiv
<br />may require immediale paymcnl in full of all sums secured by this Secunn Instrument and tnay tt -lkc any icln tfit�
<br />pernitted by paragraph 14 If l.znder exertisrS tilts oPtton. Lender :hall take the steps specified m the second paragraph of
<br />paragraph 17.
<br />ti. %atiees. Any notice it, Borrower protided for In this Security Instrument shall tx illicit t , dci wring n ;
<br />mailing it by first class tall uncles applicable law requires use of another method the lwllcc sisal? tie ,atrtctcd la ilte
<br />Propertc AddruNs or any gather address Borrower designales 01 nottcc• to Lender Any notice to I -Mdse shad he short try
<br />first class marl to I.r'tader•s address stated herein or ally other address L.cnder dcyignates by nottcc u, fiorrowcr Ali% notice
<br />provided for in this Security Instrultimit shall tie deemed to have been given oil Kirmwer of Lender uheri alleli a. prnlded
<br />in i his psragraplt.
<br />IS. Governing Law; Severability. This Security Insirutnciii shall be governed by federal Id 'A atad the law Ol the
<br />jurisdiction in which the Property is located. In the event that any provision or tlausc of taus Jecutrty Ins n:`,loch t,r the
<br />\sits conflicts with apphe:able law. such conflict shall not affect other pra,visiunt, of this Security lits.runi ni t,, the 1olt:
<br />which can be given shoot svuhoui the c<lnflictsng Provlston Io this end the pravisu,tn o� ttu• Scrurny ltastsurncni and lilt:
<br />%(#Ic are dexlated to tic sevcrable.
<br />16, D9rrowee's Capy. &itrowct shall he gricn one c,niformed copy of ifle Nits• and of lilt, Sr rarity In'17tin,rail
<br />17. TraWer of the Property or a Bfneficiah Interest in ilurrower. If all or arty Dart .,f t ?le- I'r „perly o, ang
<br />interest m it is mild or transferred t +t >t d a IaerieflCtal talerr%l tl Ija MIIPI Cr is sold <a transfer -i cd anti Borr —cl is n „t a natural
<br />petvonil without Lender's prior Mritten consent. I.cndet mays at Its option, rcyuwrr :rnincihatc payment m full Of all sUna'
<br />wcure d by this Secunt} IrWrUtricni. lia,wever. this opi.lon Shall riot to _Xcteiscd try 1. ndvi it vXCrc]%c !s pl++fiihncd by
<br />federal law as of the date of this Security Instrumvitl,
<br />if Lender exercises this Jptitlit, Lender shall pve Wit To%cr n, „ ice of a�erleraIitill Pic minis shall pro, rag s lK•, � :.d
<br />ofnot less than }ti days from the date the notwc is delivered or mailed wuhm which Hotta,wct :rust pay all ,urn, sccill c.f tsv
<br />rifts :unity lnstrumi:rit. 11 Bnrro.,wer fails ic, pat th6.v Sutra pnot to thi capitation +lf'thi� l+er,r +d. I rndci inay enact Ar :rily
<br />temedi permittul by ihtS cunt;y 'irtsirutucnt without Iurttic; nottcc lit demand oil Hot rouet
<br />10. Nononor's Riftbt to Reinstate. If borrowcr ineets Certain condntons. I3otrowel shalt have rho rr }.hi l have
<br />rrifo1_,° cnectn, oflhlS! xouru} lnstruolvilldisconunucda tany little prior to lilt- v:lllcrof alsa fit ysi,n Ilk h 1herl, :i1 J.1,
<br />�.
<br />4tt3f4ahic: law may slreaafy foe renistatcmern➢ hcrfolt sate "I illy Prnpolt pursuant 1+1 ulv pt,mcl It sale
<br />Kxiti try Sttstrbtncrls- .,r 1'bi entry of a tudgnveni cnftitrmg ±his Security lu.i ri :nu rat Thn.c c +mti n,"ns nit that lion ,wt:
<br />tar po l.rrido tdl sums 'Allah thcn would 'hc• duc- under rills `+e.urity tn,vunrcnt -and lilt 1 tc had rat ,„,•1 talutn
<br />,-uteti any default `4 any other c.i+cenant. Of agrcrtut•nts_ tci pay, ,119 ccicnse, .rn opts {t ill indoor nli..too-
<br />�r. °tr.ri!, lmirursrnl n,.ludli'v. 'nut hot limited I,,. ia'&.,mahlc aittnnt•+,' icc, and dt i.14-o' b,iwll a, l tiicfci 'rico
<br />rr_ai'*: .. x,'i =� , {�: •,_ .� ti +tt r; ifial Ito: heat �4 reel, Sc, urii4 lil,lruvncnl. i rndr3 gilt, 'tx 1'atl,�rsa an,7 1t. t�i..t c, E
<br />_'�,...<i. _ , „tnn .t• -_ucJ f °a ihr.
<br />!ii i w_i . � 1 .. _. iiil..l lhf apq�;- -oil. •ill o. :, tl c. 'f. iC'l -1 .i„ .., . \ "tit. i,- J� ... .�., _ .14
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