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<br /> • 9.InSpecNon. Lanclor c�r ita�geut mxy mako re+�sa�ble ontdea upon wnd inspections af tha Proporty.I.�ndar ehall .
<br /> giva Bnrrawor nc�Hca ot tha tirt�e of ur prior to an inspacHon s i ing renson�bla caysa for the insPection.
<br /> �� l0. Cundann�qon� '('he proceecle uf�py swud or c�im�or dam�gea,diroct or con�c�uentlrl.in cannecdon with
<br /> � Any c:aiulomnation of other t�klng of pny p�rt of tho Property, or for convoyance in licu of conde�ution, �ro hereby
<br /> i �sslgnod Rnd shsll be p�id to Lander. � y �e p��y �II be�pplled to the sun�s secure.d by this Securiity ,
<br /> • -• In tIw event of� tot�l t�lciny of the Pro rt ,
<br /> • r instrumeM�whcthee ar nat then due,with nny oxceaa p�id to Borrower.Ia the ovont of a partld t�ldn8 of the Froperty
<br /> which the f�ir mrkot valuo of ths Property immecliately before the tvdng iseqwl to or greator ttua the wiount ot tha
<br /> .;,,,,.,,:�r�� �ums eacurad by thls Securlty lnatrun�ont lamiediRtoly before rlte tRking, udess Borrower ttid Londor otharwlsa agcee in ; ,
<br /> .,,,.,,,,,•,,,,,Rn � writiag, the sum9 secured by thie Security In�t:uxnent ehall be ieducod by the amowit of tho procaeds muldpliod by the '
<br /> following ft�ctioa:(a)tho totwl amount of tho sums socured imwediately befora the Wking,dividad by(b) tha fair market
<br /> m
<br /> v�lue of the Prapctty immedlately before the taking.Any bal�rxe s1n►1l ba IKtid to Boxrowor.In tha avant of o pnati AB
<br /> , { of the Prope�ty in which tho fi�ir mirket v�lue of tho Property immediately before tha takinA is lass than the amount of the :, :y r:e.
<br /> m
<br /> sums secured;mme�littely beforo the taking,nnLess Hoaowar wnd Lender otharwise agree in wrlting or uuless epplicabla r..;.,�„_-
<br /> law otharwlse�+mvides, the prace�ds s1n11 be aFPhed to tha�ums secwed by Wis Sscurity Iastiumant whtithBr or not tha ,�.�
<br /> sums ara tben dne. ��? �-
<br /> r., If the Proparty ie�bandanod by Borrower,or if,aftor noHce by Leader to Borrower th�t the coudemnor offers to =__
<br /> � m�{ca�n awad or eetdo R cldm for duwgw.Borrawer fidls co�spond�o oither o roatoretion or��rep�ir othe ProPertY �=—
<br /> � t, ie givon.Leoder ie autho:ized to coUect aod y�ply the proceeds.�t ita opU =-- -
<br /> � or to the E,un��.ecured by thia Securlty Instiument,wheWr,r or nat tban due. _.__.
<br /> '- �' Unless I.eader�ud Borrower othenuise agroe in wrldug.any applicstion of peoceeds to priar.ipal shal!not extend or ----___
<br /> '' postpoue the dua data of Wp monthly payments refercod to in p�rRgnphe 1 and 2 or cb�nge tha�mount of such psy�vmts• �,=�•
<br /> ��' 11. Borrower Not Released; Forbatnnce BJ Lenda'N°t n Wvva'• �tenslon of tho Hme for paymeat or c.�,:_
<br /> ;'t ,�'r�� modificxtion of�.mortl�tion of tha sums socurad by this Sxurlty Iashumant grantod by L.cndor to any sucsessor in interest -;•,.�=;_`
<br /> �"::•;?`,ti�;; • of Borrowor shall not opanta to release tho liabiliry of the origiiW Borrower or Horrower s ' rs ia lntsrest. Leader _rw�=.�
<br /> •. :� shrll not be raquired to commence proceediABe�g+�inst auy successos in interast or rofuse to exte�!time for pr nt or ' .. �
<br /> ;;���-�°�`���� othenvise modi wmorti�adoa of t he sum�securad by thle Socurity Instrument by reasoa of any damnnd �y the F;�;.
<br /> ,,,•,;.,,��;•, . in ing any right or remedy sh�ll �I°_
<br />_ '..'� odginil Borrowei or Borrower e soccassore in interest.Any forbeannco bY Le�or exarcis -_,�__
<br /> :. ,.�; :,�;. . x
<br />- k � uot be a wdver of dr proclnde the oxerciee of wy dght or remedy• .�a�������e��,of
<br /> . ;:��_:.,; Bomdi Joint and S�aal LtAWltty: Co-sl�n�• , '—
<br /> 12.Successors�tnd Aaslqns of Lender and B6rrowor. subject to the �:''--
<br /> � � :��� =� this Securicy Inshvmant ehall bind and benefit the swccesaore Rod �asiga+ ---
<br /> � `')�� rovisio�s of gnph 17. Batrower's covenaute a�!�greewenta s�all be_Joint wd sovenl. Any Borrower wIw co-aigag =
<br /> . 'r.." • tphis Security In unxat but does sat axxute the I�Sote:(s)is cA-s�8nin8 this Securlry Insaua�ent only to mortg�ge�gr�u►►
<br /> "-- -- aad convoy�nat Bo���.�,�.-r's ftst�.-r�! ia t l x P*^�^-.
<br /> .�y u n l e e tha termv of this Socurity Instnment; (b) is not personslly
<br />_ . :,.;�; � oblig�tod to pay the sums secured by this Security Ynst:umsnt;and (c)�tgras thst Lender wd any oinor F,i,����a, �:�
<br /> 'y.,�i it;d, ` � to ext�nel,cnodifY.forbear o amake�ny accommodatlons witt►reg�rd to the temis of this Securtty Instrument or tha
<br /> • : o t a w l t h o u t�W t B o r c o w e r's c o n s e
<br /> 13.I,oap Chuges. If the lwa sx u r o d by t h i s Sec u r i t y I a s t n►m e n t i s s u b j e c t t o s l�w w h l c h s e t s m�u�1 mu�►lan
<br /> i. chuges� aad tlut liw is finslly interprtted so tbat tho intereat or other loaa charge sh�ll bo �reducod b}!We�ia�ou°t
<br />-�. , cormection w'sth the loan exceed the penmitted limite. then: (a) any such low c�arg
<br />`' " . �ecesstry to reduco the charga to thopermittesi limit;wd(b)mY sume alaekiy collectecl from Bomower wuich e�[ceedal
<br />�:-::,;•� •�,' ` permitted limits wlll be refunded to Borrowor. Lender auy choosa to mdce this refund by toducin8 will be�tod�
<br />�`°��� • under the Note oc by m�ldng a dirxt p�Yment to Bosower.If a rofund reduaes prFnctpsl.the reducflon
<br />�.:,r.,. ...•.T putid Prep►yment without anY P�Y����Be under the Note.
<br />_ . ,. . , 14.Notioe.s. Any notice to Borrower provcded for in this Security Instrument s1W1 be given by�u����to the
<br /> niailing it by firsf clasa n�ai!unlessagpllcabla lsw requires use uf�other�od. The notica shsU .
<br />�'�:y: ��--;. p��ty pddn�s or any other pddress BoTrowor designates by notice to Lender. ADjI IIOi1C8 IO LOO�BT 5d�I S13$IY�E�
<br />�"'-'= `"�' first�lass maW to Lender's add�statod herein or my other address Loncler designates by mHce to Borrower.Any notice
<br />�.;�-♦z�',rir�,;;.:. . pro
<br /> �:`;:r'`,.��::•r:, ; in this�r in this Sxurity Instrument stWl ba deemed to hsve been given w Borrower or Lenclar when given aa pm� __
<br /> �., _. .��;,�;•� �rxph .,
<br />—,---4'.;, 13.�o�ernlnR Law;Seva'abWty. '!'hia Securlty Ir�st�umront ehall be govamoci by faieral lew and the law of the
<br />�`:�,Y-�•• , ' is locstod. In the avent ttut�ay provieiou or cltuae of tl�is�ecurlty Iastrumcnt or Iha
<br /> ,,,,,���,��� urlsdiction in which the Pmperty nt or t6e Note
<br /> �oto cc�nfllcts wit�appllcable law,such confllct�Wl aoc Rf�t�r p��oas of thls Security lnstrume
<br />��'�'�{�'°"�� which caa be given offect witt►out the conflictin8 pmvision.To this ead the pmvisione of tLis Securlty Inat�ument md th°
<br />�"''" `'` Piote ao daclnred to ba Eeverable.
<br />�..:"`.'`'��'`�. � • Borrower shsll beg�va�n�om conformed copY of tho Note uid of lhie Securl In�tcumenG
<br /> , ::F,�,.. 16.Borrowdr s CoP7• of the rty or my
<br /> '" ;�- 17.Tru�a ot the Propaty or a BesellcW Ynterest in Bor�c+ower. If�11 or anY P�
<br /> "'�'�'""' � interest in it I�sold or tr�nvferrod(or if a bennficid interest in Bors�ower ie sold or tmnsferred aad Borrower ia not+�
<br />�.,_ ++�• . y p uiro immediate nt in full of all
<br />—;�a��r• nat�u�l person)wlthout Le�ler's prior written consent,Lender ma .at ite o tioa,req ' P�Y�
<br /> -;�c. ��d by this Socurtty Inst:ument.Howavor.this c�ption shall aot bo exercised by Lender if exercisa ie prohibitul
<br /> a:='"""�:.: by kdariJ law�s of tho data of thia Security Instnim�nt.
<br />� -=,-�K" If Lender eaercises tlais option,Lcnder ahaU giva Borrower aotice of accelerwiian.Ths notico stW1 provla°a P°d°d
<br /> •"�..''�''�' . ' of not leas than 39 ds►ys from tha date the notic;e is dolives�tl or mailed within which Horrower must pay a11 su�dec�ed
<br />,},.:�,,... . Form 302�WaGs El o16J --
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<br /> , �� BAHKEA9 SYBTEN1&�HC.,8T.CLOUD.Mp 6E�0711�lOO�Si7-43411 fQMA MD•1�HE 2�6/71
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