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<br /> 3.:`.-t ?11;r ~' ;c a~4''t~'~£'. 'm'.:ks ~r6tt334`~ ref°.ts, zf aP.'4', at ItEtidM.£
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<br />,,. ~ 1 ~ ~-r r ov ~~ ~k3 payment, when diiE; directly to
<br />, ". 3~.___, v r ~ a~, r~ rrl.; ~ T~ixder } -c~xcs~ o" a~mouats due ilnder thi3 psragiapli, _
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<br />iy ~~:~~.~ ~Y. - , -zP.. E.. ~SLS fJsf " «'~$ ~'SaL~i ~ 1 Ei3:?C~s`c''~E $~ 1CA li'ri3TEt't I383 [3rPaF#t{' 4;'Er t}3t8. t^{t~Ptgfr.$?; ~3rfi-- -
<br />~eW ,~ _s _ _ ":.li':...~..= ~'_ t~"~ 'b ~i~` di'~E :sn~ 5'3Yi.- _l 3€1 i0rig AS ~arraA'Er-5}23ii 2.g3'CE in ~['i3~1n~ ~b _
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<br />~ qbe gs3~r* ~f t 3; ariligtttron vezurEd ov uBh tle , .,.: rnsruiEr aceeptatt}e La LEndEr, ar sha3i in goad faith eontest
<br />" x;lzh G; ._r , o' -~~.Er~ e:::nrorerzrnv ,~. t.~ .-:: ':ion ;o, ?z~~ T~roe ~lzngl t~€a3e_h ag~ras~ t4 prevent the eriforeereent sf
<br />i t l rsr f~fE;t~rre a4 rile Propsrtk o. a.np- tart tT~rEaf.
<br /> ~,. 'd Ttffii2Y~5. T3arrowt:r B`Ftf3t3 kl+ep ttC ill2prai'EAIEntS Haw BXC~trng Or hEreafter E3'ECCEd On the Prop- -
<br />~`tl° ^z'"_~'i`+..;3*_iT~ J~&1T3St T ~V vZE; IIaZ€ttd3 inCIilded witI1IL' tla`£ tErt,`:-":;~.E^'}~ C^.:'S:..~E", SEd SUC}3 QthCT I:8'Lard&- a8
<br /> ;~,-~gT ry3y '~Qllr'~E rstrd i?`a S"s3~- 8IIt?T.iiitS- and- Iar S'33Et3 TlErinQS a? LEndar in.4. rEQt3i.TE: prtlv idEd, that Tinder S£iail
<br /> rQquire tTlat the alriaunt of such ifoverage exLEed that amount of coverage rEquired to pay the sums seclrreii'by
<br /> this ~13ortgage.
<br /> fi~~snsurance Barrier providing tl38 insurance shalt bE. Bho3Er. by Borrower subjeBt to approval by Leader;
<br /> provided, that such approve} shall not be unreosonabty withheld. Al} premiums oa insurance goliBies shall be paid =
<br /> at T.EUder's option in the manger provided under parsgrapti 2 hEreaf ar by Harrower nlaxii5g ~sayfiYcTiit, when due,:
<br /> directly to the instlraxice sorrier.
<br /> Itl-tire went say paticy is r-at rsllewed on or before fen dayo of its etcpirol, tine Lender, to pxntae~t -
<br /> ifs illfer~t, may prcleure in3urance an the imprvvement$, pay the premiuals gad such sum shall .become
<br /> ilzuaed~teiy due gad payable wifh interest at the ratE set forth in staid Hate until paid arid shall be i
<br /> assured by this hfortgage. Failurai by $arravver to comply tray, at option of lender, constitute a default
<br /> under fhe terms of this hfortgage. ~
<br /> All ir~urance policies and senEwais thereof sl'~al} ti:: in farm aeeeptoble tb T~ru}er and sileilk inBluds a stenllard
<br />_ nivrrg-.Q uec :sF.:r °f-ai~si '•. r° u. _~i.~r's°~.° tv f+.~°~o T~3~Er ;:633 i.~~re ~~ >=~L~ e~ I~nid-!6a ms[iria~ ~,r~ri_. _ -
<br /> ranegrslas t~eseaf, and Harrower shat} pmmptky furnisffita Lender all renewer notices and ail t~eipts of paid
<br />_ minlns_ In the event of lass, Borrower shall give prompt notice to the insurance earner and Lender, and- Lender
<br /> ray ~ prey: of loss-if Uat m.¢de pr~llptly Ily Borrower.
<br /> linl_3~lder slid Borrower atlsertoi3E agree in wruing, insurance ilroceeds shad be applied tv retGtoratsQa
<br /> ged, provided such rESioratian or repair i3 economically fees}ble and the securiS} of
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<br />repair o£ the Property d
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<br />t~iH-ffi-lrOt tl~ac.+~ 3n1paII'E'.d: ~f SuCil-rE~tOi'Rtlan ar regBYF ;S Hat ECana#nl£ally fEa33{3i8-#Er-ff f
<br /> Of Etas l~forfAage wOtlid be Impaired, the IIiBUranGe.j3rOC8EdS Shalk be agpkiEd tb the 3utltiit SeCtlred by t#lis i4foia
<br /> ~lt~l t ~i if any,-paid tb HOrl'Oi€£ff ~ if-tile'T-'rerperty-i5 $b$ndaned- by Barl~lw@r or if ~~r-' :IH tF--
<br /> fo Letu3er within daps after notioe by Lender to Borrower that the insurance Barrier offers to Set-1e a ®lairn for
<br /> insnz'ane® benefits, Lender is authorized 3u ca}iect and appty thQ inauranBS pro~~3,s at I.~aru~sr~ i eit~r~
<br /> restoration br repair bf the Property or to the-sums ssetired try thhis A°fortE.
<br /> Lender and Torrower- athertvise agree in writing, any suBh aopiieatian Df proeeede ~ priseirNl ell
<br /> i extend br postpone the due-date of th$ inonthl3' inatai}merstrx referred to in paragrapi>a l aid 2 hexeof cu'
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<br />- - rt~Elt. tltie stet ..ems..: sd Hlrrs
<br />to h~+?uf n ~_ v ~ ~ Fru L#er, al} .
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<br />ate to qtly i~ geliel~ and in and ttr-the pi}s thereof ltil thx extent of the-~ urrd 33y
<br />- iinrnediatel~c prier tb such sale or acnuisitinn} rrsu}ring front i}atnage to t}i@ Ptopc+rty (eitOr ttr tlras ; ar
<br /> a~±uiaifi~l r~n}i gc~ gar ~.cptiar.
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<br />~ e3<kat.Jn i t79tlalt atld_s_hall n4f.pertult.gx. CiS[t131t3G wast~Q,. 3mkra1rrrlEOt, ur s{@t4'/`10raLIS}!1 43~ tom' ~w'iY ~4[I M~iltti;
<br />' 4'Qtl~ wlf~l ~tYe pr0~'3610r33 Oi aIIy lea>%:s if this ~~0~8 37+ W3 a IeA93'IrOtt~ if tlrrs ~Tar~atga ra cue a cau>.~vcxuncunc -
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<br />utait; Bcrrawer-shad pe;•form all bf 13a-=t>~er's abligatlb..s wilds. tlic <iEB3aratian of BSSna:sar..s :sttio~'-+t s+as - -
<br /> by-l~wa end regalstions of the ~ondanliniuni proiECt and Etlnstitu~eltt ciacietnents.
<br />_ 7. Protactimx of ?wader's -b. if Borrower fails to perfurnl the Bbvrnants arld agr+~ts tit
<br /> this ~c+rtgsge, orlf any actitul or praeeeding is eomrrleneed whiBli rnater~lly offsets l~ender`a irttazsaG lit rtes Prola-
<br /> erty, ineiudirag, but not iimifeWl ta, eminent domain, insoiveney, code onfarEetnent, or tti rlr prtidr
<br /> ingrl involving a bankrupt or decedent, then Lender at Tender"s aptian, upon natic~e to Horxnwer, rosy it#il<e
<br />i , disburse such sums otsd take such action as i3 neee3saly itl grcrtert Letxt~rr'3 illtereat,rntt,~ kxt£
<br /> 1 Ttitnit~ #,cr, d~bz4rutnlsmt t}f rsonabts atLcemey's fEes and ontry ls~s the! lrsrty to afca eta. Any
<br /> stag elisllurs~tl by T.smier pursuant to this paragraph 7, lvi#fl Intat. tlleraxr, ~! addail ' -
<br /> of ,$cltrer s~.ut~ci kty t~ t~ar`ge. iTnl~s Bormwxr and ier'r s~ssa to ~s~ f~,~ ~ .~
<br /> amounts shall be payable upon notice from Lender to Borrower requesting payment thereof, a~ a}ull bests issue-.
<br /> eeG-from the date of diabur~stent at the ratE stated in the TtiotE rlnle~ payp3mnf of infsirat at sus r+~fa
<br /> C~tt~sry tat appllcahte Isw, iQ which eyetst such alnouato Sha}1 hoar itttar at ~ Tligbi~t Matz . - blr
<br />j applioable taw. TZg ~ in this }rar~raplr 7 alto}l't~uire lctrc~r ttt it~nr any eYpe +lx+#a ally
<br /> iereunder.
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<br />8. t711t.. l.endeu!'.inaY ltiatre`or cause to-Ere inada r~t4ttatile eilitris~ nsrolr-awl a 4f the P3'G¢+
<br /> arty, nravided tCiat Lender she-} give T333rrQwei• notice t,riat~ to auv ~trrhiilst7~rtion titwclfvrnu-Ftasonutile rattt~e __
<br /> iae~ar rri~Ci ill iender'a irlcexesf, in the Property. ;°- _ - '- - - -
<br /> g..lL~Olt. 't`he EJIQCeed3. of any aWatTl Qi Claim {ar ~, dirt Ot-~-. ttt 4!4tlA;pat~n
<br /> xith arty condelnejttian orAther taiLUlg o{ tUe T?raperty, nr part thet~af, e-r fox-t~tv~s; ill Tte~ os - -_ --
<br />1 ~ floe, ate hereby assigned arnl ithall be paid to bender.
<br /> In the Event al a totsE taking of tfie Property, ITie proceEds s[iatt !re ~~-~- ~= - -_
<br />_ -: rte, ~irFt th+~.~l*, if nn. ;raid is &+rrosver In the exeni of a , tmxa~ Byte
<br />Pxrtlai ta3tiitg of Pry
<br /> astd Le2lel ague in writilnr, there s}ialt ire apptiEd to the eases a~tirad by this liierlger sash
<br />~~ tlan of the nm^eeds as is e>QUaI to that pxaportiazt Which ttre rmb•,uit of the atltns saeured by this l1~rt
<br />' dafain parr ta~he date of tE.lsing bears #a t~ fair-n~art:et ~~alus of S.l~e Prnparty i~niat~ly T1-~++r tit-the-c-~-
<br /> `+{t,wi`vEr~ribt',~~fctt~~+>spsirlS~SQreawcr.
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<br />31 the i~m,r,ssa>~trsda~f tar Harrower or ii ~.fta, nctiee liy i.endEi• to iiorraviet t~liat tie iioitdemn+~saHar+t
<br /> tR ~sKa ,~-, ag_u ~ ~r'~ts~ _ _ta:~ t _ Lzr L~rtewer fg,tQ ro r~~ lAC~ ±e 7 ~ w}~ ~ ~ + .~+~
<br />_ _ ir€~iW ~: ra~ire; I.er.ri:.r i~ ri~thrKi:w~i ~a rx_Slfe rt astdgplrlti L'se nt'cmewd~ of T.rntier's nj?~i~S Eitll~ t~ i~tts~~i~ Q3`
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<br /> T?3ilESS Lender and Barrrsvrer othar.vise E in icritiug, say stwh application of grooeeds to grilleipal shall
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