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<br />84 ~03543
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<br />If Le-nder rt'qulrcd mortgage in~ur;ln~~I.~ a~ ~t condition of making'the_loan secured by this Securit)" Instrument.
<br />BOrnl\-H:f \tHllI ray I he premiums required 10 maintain the insurance in dfc,ct until ,s;uch. ii~e_ a~ the requirement for 'the
<br />111,uri1nct! tcrnllnat~s In :u.;cord~Hlcl~ '),'jlhBorrnwcr's and Lc_ndcr\'_wrinc_n agreement ()f,3ppHcabtl;_Ja~, _ ___ '_-_ -
<br />8. Inspection. Lender qT' its ag~nt m-3Y make reasonabk entries _upOn and:-insPcCtions'of:ihe' property, _~nder
<br />:,hall gr\/: Borrower IlOiici: at '{he time ()f HI' prinr to an ill~rt.(,..ti(~n ~pcl~ifYI~)grcaS()Habl~'tausc ft)r~he--jn:ip~c'tron~~
<br />9. Condemnation. The proceeds of ;HlY award or claan for damages. d_irec:t or ~()n,sequ_e,nt~iat:in:~ono;_e~ti()n':~ii~;
<br />any r:ondemnation or other ,laking of any pari of the Property, .Of for 'conveya.ncc.in .lieu, of'condemnati:<>n~:are-';here~y,
<br />assigned and shall be paid to Lender. , '" . , ,:., :<,>.' ,.:':., '.', ',', "--.': ',/::,;.:,,::.~,:,.-.::<
<br />[n the' c\'Cilt or a lotal taklllg of t he Properl:~, lh~' pro(cclh shall be apphcJ tOl,h~.~l1ms~secured :q~;t:h~_s :S5cu'rip~::
<br />[!l'\trumtnt, whether ~)r not then due, with :H~Y t'xce,s:-. paid In RorroVicL In the ~.v~nt.or a..part~al_takh,~.:,()f'l?~\P~~~~y-~
<br />unkss Borrower a_nct Lt.'ndei othei\l,isc agrct Hi wnt!i~g. the :;ums se;;,:urcd by this ,Security Inst~umen~".,sha!t'J)~,~r,.e~,~ccii,,:~'y~:
<br />t~e iHnOUnl of [he: proceeds multiplied by the followlIlg fral:lIon: (a) the toia1,amC)unt()rthc..~uJl1s,s'e~u.~~(Fl~,rJ:1ed!,~~~lt,:
<br />before the taking, diVIded by (b) the fair market value o[the Property immediately before the'taking:Any,'balancc'snaIU1e,',
<br />patd to Borrower. . ,.' . ,,'. ':'.' ':.' '<'~"",. .',' .,,:..,~:'
<br />If the Property 1\ abandoned by Borrower. or if, aftf."r n()tIC~ bv Lender to Borr(lwe~,thl;ut~e;,c~n9.emn~~,:?~er~'~,i<)
<br />make an award or setll~ a claim for damages. Borrower fails to respond" to Lc.nder-within 30 daysafter}he ~~t,~.:'tt!~.',nWi~<:::i:~
<br />given, Lender is aUlhorlud to C0UCl'! and apply t he pr()c~cds, alllS option, either 10 re'Sloralinn or -repair ot:,tne.,r-ro'P5:rty.'9t-
<br />to the sum~i secured by this Security Instrument, whether or (jol [hen due.
<br />L:!'d'.:.':$~; Lc~der 2.!ld Borrower {Itherwis',,: :~gTJ.::e in wr!!ing;'~~ny p,pplic-:..it!(\!l t.fpfl:'('t:e-ds ~jJ i',fi~lG~r3J~qa,Wh.rt.~
<br />postpone the due date of the monthly payments referred to in paragraphs 1 and 2 'or'chai1ge.'tlle':lfr~o~nt.~fs~.c$.
<br />10. Borrower ~ot Released; Forbearance By Lender: Not s':Waiver. Extension of the~:,.tifll.e":'~()r~
<br />modific;1tlon of amortization df the ~ums secured by this:Sccurity Instrumenr grantedby:,Lend,er,,:,to.:~aJl,Y::~~~'~~~p'~~:;:~-~c~:.~~
<br />int~r6t l}( Borrower shall no! operate to rdea:,e the liability of the onginal Borrower or 'Borro~er'5.~ucc,~9rs:~Ii:itltfr~~::-:~-^
<br />Lender .-,hall not be reqUired to commence pro\.'ccuings against any successor- in. in1eres~ or:,:r.ef~.~e" t_O.:i:~f,t,,~n~i:;t~-rV~:Toh":,:~
<br />paymcm.or ntherwise modify amortization (lfthe sums secured by this Security Ins~,ruTI:1ent by reasol} ?fc.any...dern,~.~9::iJj~:t:t~~J:r
<br />by ihe unginal BorrO\\-'cr or Borrower's, successors in interest. An' "'1rbcarallce by Lenticrjn.cxerc~sing:anyxi.ghrorre~l,~.ciY:.')
<br />shail not be a\yaiver of or preclude the exercise oLmj' right or.ren: .o.l)' ,'. . . ..' _ .. .'..-. . :..... __' ",..-..,,'.'^,
<br />1 t. Successors. and' Assigns Hound;_ Joint iind St.... _(Ill Liability; Co~signers..., The covenants;and;a~~~.~~~J~';:{j,~,-:
<br />this Security (nstrUmtlH shall bind and benetit Ihe successors and ~lssigns orLcl1d~r 3f_ld.Bor-rQwer~_'su~j~:C~..to],h~;p-~y~.sio~~'.,':,~'
<br />of paragraph 1;, Borrower's, covcnamsand :.igrecrnents shall bejoJflt.ar~d seve-raL Any Borrower, w~~,co~sig~s:t_hi~ ~,e~~~5i9':<:' "
<br />IIlstrumall but ~oe'l l1ot.C;\eCUle the .'"ole: (a) 1" cO-!>lgning this SCCU~l!-Y Instrument' only..to.m?r-tga&.~.-.gr.lJ)t)ln:d.~C9.~V~~.
<br />that Borrower's Intere:sl In the Property under.the terms of this St:cunty'fnstrument;.(b) is not personany::oplig~}ed:)to.',~~.y:>
<br />the ~.ums ~ccured by tillS Security Inslrum~IlL ami tc) agrees thai Lender aud a-nY'othCf'Borrowe.r,.m~y.;~g(ee::~to ~x.~~'!}~:~';c:
<br />m(}{llfy, forbear or make any aCI."OmmOd3Hons with regard to .the terms (}f this S-ecurjty..instrumenLor,t-he.,:N{).t_~:'.y..jt'ho~t~;:
<br />tbat BOfTower'sconsent. . --' ,.--..-,.,:, "<''-\
<br />12'. Loan Charges~ If th~ i(lan ,>ccurcd by .this: Stcuril'f j ll,Slrurncnt .IS sUbject: to'a ia_l,I/ which se(s:,'ma~~.~m~.'I,~ai~f~-
<br />charges" :..wd lhal law. is linally interpreted ..0 t?at the interest or other loan: ch:,t~ges co1~ec-te~Lor to, be,'cpn~t~~.":;iJl:.:,
<br />COIHlccllOIl Wllh lhe loan exceed lhe permitted limits; {hen: (a) allY such Joatr....h:1rge. shaIi .be,:reduce4"'bY",,the.~.:~;no~,nt<
<br />r_le~e~sary t~lrt'duce the charge iO the permitted limit; and (b) any SllITlS alreadycollec:led from'Borfow~t.,which,'~:~;a;.~~.~p~~"
<br />perll1lllcd.l!tllit~. will be rdunded,lu BOtfowcr. Lender may chuose 10 make: thiS r~fund,by reducing the.,pr~f!.cip~to.w~-d,;
<br />under the NOll' or by making i:1 oJn::<:t payment 10 Borrower. If It rd'und reduces principa-l.'lhc rt:duction.will:be."Jrceat.ed',:as:~a.', '-
<br />p<inial prepayment wi.thCJUl any prepayml'ilt charge' llnd~r the Note,
<br />13. Lt:gJshiti,on Affecring Lender's, Ri~ts. if t"!\,H:fmCTll or'.txp'iraJion .~)f aPr:~il;able:'laVw's-ha~.,~the ~,tf~tt~...o-~:
<br />rl'IlJl':.ing "n~: rrO\"I.~IOI1 of the NOll' '..H' thiS Sc..:urily I nSlrUITI~llt unc~lfof"t:ahle accon,hng:,to Its.'te~m:s.-.lend~,f;,.'a!:it~:.pPtjon.~:
<br />Jll.ll) ret.{wre ilW1H:dI3l<: p.ayn.IC'nt Jl} full of ,ul ',1)m~, s~curt.'J hy thiS Secunty 1llsIrumc:nt aml-ma,y inv.qke .a~Y,'f~.rn.~,dies
<br />penml!('d by paragraph i9, II Lender t'Xe!(\S;;::-, this optlon, Lender sh,llI take.the 5ilcps__spec.ified_. in.the.s~.co.nd :p~.ragrap..ht?r
<br />par-'Ij?:-itph 17.
<br />140 :'\otice.s: Any notice W B0n~\)Wa providt:d !~)r!l) (fusSc0urity Instrument shaH.he giv.e.n'by"d~liYeriD.~)t.-~or':by:
<br />rnaihng It hy I1rst dass mat! unles~ appiJ;..'abk law requlres use of,another method. The. noth:-e shal-", be .:~.i,rec.~~~",:toJJhe
<br />PrOptTi) Addrl~"'s or any other :':iddress BorrGwcr desigoatt:-s by not-Jc-e ro_LenJeL Any not.ice to '-:-,el.ld~~."shaH~pe,:-8jve:n-"I?Y
<br />first ch.rs:-:. n~;jilIO Lt'nder';,addre-ss srated hercUl or any other addre.s.:-. Lender. designates gy, notic~:[~ B?rrow~r: .At!,Y: ~o.tic~
<br />1"nl" 1Il1his SCCLHlty Insrrum..:nr sindl be dCCHl<::d 10 hi-l\'t.' been gIVer! lO B,orrowt.'f Of Lender when giv,en as. p(ovided
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<br />15. Governing L~rw; Sc'lt.'rability. r!n?> :)e...:urit.y In~lrUlllt.:1i!. shall be gO\Cfllt'U by.federal.law and the)aw.of,ih.e
<br />Jurisdh."(JOn in whi-:h tiJu Property, 1:-; 10cakc.L In I he event thaI: ~.ny pr.ovislOil or '(:b~l~e of this Security.lnst(umenr. o( trye
<br />!\:ott' _'~)lith~b \",'jth 3pplirabk law. 'jw:h cont1iu "hallllut affecl other provisilJn~ of this Security Ins{rumetit'o~JheNote
<br />""_ '. ~.: ~i'.'-:~,- .:!~'e.~'! <>';i;:h..:~.1~ ~b.: ;' ';:fli , "~t'. , .,"'.. '!',-- -:!'::. .--::,,1 .f\~, '~~'::~',-i. ;','~~'; ,'I' 11>1..: ~'~'._'!!ri!y l~~<;t"lml!~~,-i ;'1'ld.
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<br />SOh: :1re dc-...:lan:d 10 b('.sevcrablc-.
<br />16. Borrower's Copy. Borrowl."r ~kdl h.... giVt;!l Oil!.: ,:(.ink)! mcd Cl'>Py uf tht::. NOle and of (his SCl.:UrliY InstrumcJIl.
<br />17. Transfer of the Property or a Ben.eficial lntt.'fl'st i'n Borro,^'cr. If all or allY pan of the Property or :lI~Y
<br />imtf.::.-:,{ in 11 i~ sold or tran<:-ferrcJ (or If a bendicial inlt:n~;..t in BOJ'J'Owcr is sold or tran"f<.:rn-:J and Borrower is not'a natural
<br />ptr~~m) WllhlHlt Lt;::n<..kr's pnor writtl'll CUihCllt. L~ndN may, Jl it:-. (~p{ion, reljulrt: immediate paynH.',m.in fuil of aU sums
<br />:'.1:L'un:d by this Security Insnuni\..'IlL How~ver, thi,'i option shan 1101 be excrcisnl by Lt:ndcr if exercise I::; prohibited by
<br />teder.illa\\- a~ of tilt.' date nf this ~("LlJmV Ill"! l'iwlt.;nl
<br />If Lencltl c:\tfciSL:S thl'. npllon, .Ll:liJ<:r "hall give BOrfowcl il'.)l!r.:e of aCI..'t'kTJ!ll);I. The lli:Hil"c shall provide ~j period
<br />,--,f IltH le.>s than 30 Ja)-~ from till; di.llC tht: nutlce 1\ d{;li..,t:fl.:o or Illaikd wHtan \,>,'illdl BOrr(iwl~r mu~! pa.) all sums secured by
<br />i1w., Security lli::-.tnlJ'J1\.'nL If BOf[owt:r Cuih tn Pil)' thl:\t~ -<.:UlW. prh)r L\ the e.\pir~l\JiHl of thi~ paind, LcnON m~l) Jil\'oke an~
<br />r;~r;l(":d/(:-" ;:H.;rmin:::'J bYlhh Security ln~l n.:.nlent without funD!;!' nolh:~: or dem~md pH BOrH)u,'\.'T.
<br />IH. Borru,wer's Hight h) Reinstate. If Born.l-wer 11)t..'(.'!s. ccrt;lin (ondiltnll;.., B{)rr(J~er "hall have tht' fIght ~o have
<br />(nrdr-l..~'m~;n{ ut lh~., Sc--.:urity l1'I:.lflHHt:nt di~~('\.'tlltiJJUt:"J l{i lHlh: lu the c;,.rlic.:r o! ::. day:'> (Of su('h othq fk'rind J.\t
<br />i;n\ nf;l) H,H ~ht: i'Ur~i:Oani In :Jn~ jldw.:r of ~Lde l'''.llit~in~d 1H tbl;>.
<br />llhl(\1rnC-llL ,l[ !hi:~ Sl.'L'lJl 11) LL'.!rU1i1\..'nt. Tho:.\'. '_nlhhtJ:t~n~ arc that
<br />(<J) j'ay::. L{~lhkr ~d.l \<JfP.S ",,!i,\-'h ..{~~ll would t)L' t.it!;., Sto":.Ui !t} fn:,; lllHcnt ,-uld S\ii~ had no
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