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<br /> ' . t.y paymcnts muy nu longcn c�rcyuirtd. �u thc uptiun al'IAndrr, il mu��µu}�r insuriu►cc«,vcru�c(in thc mn+�unt i�nd For thc period _
<br /> thut I.cndcr rcyuirc�) pr��vidcd hy nn inrurcr uppr��vcd hy Ixn�ler nµuln hcr�nucti aviiiluhic und i+ahtu+ncJ. Horruwcr shull puy
<br /> ,�. thc prcmium,reyuircil t��mnintufn murtHntic in��n�'u�'�,m brlwrcn'Hnu�i'w�r�nnd I�.�n�icr�nVnppflic'�Mc`I��uircmcnt for mortgugc� �
<br /> x inyurancr cnds in nccurJunrc with nny wriurn nNr�cn� _._
<br /> r 9. Ins�xrUou. lA��dcr or ity u�!cnt nmy mnl�c rr.itiunublr um icti up��n und in��krtiun�uf Uic I'ruperty. IAndcr tihull giv��,,,a —
<br />- ' Barrowcr n��ticc ut thc tinu uf or pri��r to�in�n+p�c�iiu�w�xrlfyUtµrrutun�iNlr rnu�+c lirr th�in+p��tion. --
<br />: .., � l0. Condc�nnuUou. Thc prorc��d.r uf imy nwunl ur rinhii Inr dnnuiµr,, �Ilrrct ur cunui�ucutiul, in runncctiun with uny __
<br /> " cundemnutirn���r uihcr u�kii�g uf uny piin ul�Ih�� I'ruprriy. �a� Ini r�m�ry+inr�� in Ilcu ut r�md��mnuti�►n, urc hrnhy a��igncd und �
<br /> r_.
<br /> shidl bc pa�d u� IAn�lcr. �
<br />: ,.,:�i_� In thc evcnt uf u t�,tul inkh�g nl'tlic Nruperty.thc�n�urrrd�, •hull hc npplfrd w�Nr ,wn�.ccurcd by th�,tircw ity in+u�um�nt.
<br /> whcthcr��r not then duc. with uny cxccs, p�iid tu li�n•r�nvrr. In U�c cr4�n� ��I �i p;u�ial tuking uf thr 1'r�►(x:rty in which thc fuir —
<br /> ;� murket valuc oP thc Pr��perty immcdintcly hcfurc Ihc i;thhiF� iti rqiuil�u ��i !•irntar Uwn Ihc :miaunt uf thc ti�unti yccurcd by this
<br />•:'�r. ' Sccurity Intitrunuiit immrdiatcly hcii,rc thc�ukinp,unlr�ti H�nr����rr m�d I.rudrr uihrrwi+r u�;rrr m writin�. thc sum+securcd by
<br /> .� this Security lmuwncnt shnll bc redured hy U►r um��unt ut �hc pi��rrrd► muhiplird by tl�c t�dl��wing fruction: (u) thc total
<br /> amounc of the ywn+ �ecurcd imnudiiacly hefam �hr uikinH. �livldrd I+y il�l U�r luir murkct vulur ot the 1'ruperry immcdiutely `
<br /> . � befc►rc thc tuking.Any huluncc tihi�ll hc pidd tu li�,rr�►wcr. In ihr cvcin ul �� p:uUul wkinµ uf tl�c �'niperty in which thc fnir
<br />-�, market vuluc al'�hc Property inuncdintcly hcfurc,I►c u�k`v itln I�nr unl�ti1til ipl,l�ruhlc�lo�v1 othcrwiu�priwideti��t e`pr�crJ.ti sh•all
<br />- tuking. uulcss Bottowcr und Lendrr otlicrwi:� ii�t�� h� R
<br /> " . bc upplicd to thc sums sccurcd by this Sccuriry ln+tnune:�t wl►c�hcr ur n��t Uic,um�nrc than duc.
<br />�;~ •v;' .� [f thc Pruperty i.r•ubunJoncd by Borrowcr.ur if.uf�cr n�nln Ny I.cndrr a+ Nu�r��wcr Ihut �hr rundcmnor afl'crs tu mukc un
<br /> � uwurd or setde u claim for dumageti. B��rrnwer fuil� tu rc�pand w L�n�ler wf�hin ;0 duys nftcr the dute the nutice iti given.
<br />? � � Lendcr is uuthorixed tu ce�llcct und upply thc pruc��d,.+it ith�tiptinn,cithcr tu r��toni�inn ur repuir uf thc Pra{xny or to the sumy
<br />'���':��'°�•`•� secured by this Security In+trument,whether i�r mit then duc.
<br /> ° Unlcss Li:nder and &�rrawer othcrwi,c ugrcc in writing. zury upplirutiun �►f prurecd� tu prinripal zhull not extcnd or
<br /> -",,:n��,.,n � postpcme the duc dutc of thc monthly puyment.ref'crrcd tu in p:uagruphti 1 �uid Z ur rhunNc thc i�matnu uf tiurh puymcnts.
<br />-• � ''�. 1!. Borrower Not Kclwscd; �orbearunce By l�ndcr Nnt u VVulvcr. tixtcntiiun uf the tiuu lirr puymenc or modifirution
<br />}.�;:'. ;. �y� • of amoreiuttion of the sums secured by this 3ccurity Insrrumcnt grcmtcd hy lAndcr t�i nny�ucccti�ur in intcrest nf'H��rrower+hull
<br />_l. � y�,: not operatc to rcicusc thc lii�bility of thc ariginul Borruwcr ur Hurrawcr'ti tittrccti,nrti in intcrctit, lAndcr�hull nut bc rcyuireci tn
<br /> wmmence proccedings aguinst any success��r;n intcretit ur refu�c tu cxtend umc fur PaYmem"r"di�rWi`� �»��1i�y umi�»ir.ution
<br /> '' � ' of the sums secured by this Securiry Instrument by rc�nun ul' uny dcmiuid mnde by thc urigfmil Rnrr��wcr or Bormwer's
<br /> ' ��?� successors in intcrest Any forbearuncc hy l.cnder in excrci�ing ►my right ar rcmrdy �hu�� na► hc :i wnivcr of ur prcclude thc
<br />-,..�� ��� •`� " ' exercise of nny right or remcdy.
<br />�.�;::� ; .:�:; � 1�. Successotw and Assignti 8uund: ,ioint ant! �.cztru! !.!u!�!!ltv: ('��.rlunerr+. '1'lic ruvcnun�ti und ngrcements uf this
<br /> '�.`! �. , �.` Security Instrument shull bind and benefit the sucress�r+ i���d iitiyib��� �'� ��'����r i����� "��rrawer, tiuhJcct tc� the provisions of
<br />;;;,;.,, purugraph l7. Borrowcr'.covcnants und ugrccments tihull hc joint and +cvrrid. Any Horn►wcr who cu-signti this Sccurity
<br /> �.. .
<br /> � :~• �� � Instrument bue does not execute thc Note: (a) is co-signing this Sccurity li�strumcnt unly a� nu�rtB��B�� Brunt und convey t ut
<br /> w..„�,,
<br />�-'�` � Borrower's interctit in the Propercy under thc tenns of this Scwriry Instrument:lb) fy not �nrtiunully obligutcd w pay thc sums
<br />;.•�,r. � ,
<br /> ;„� ,,;.. ;�._.. ' securcd by this Security Instrument;and(c)ugrecs thut I..ender und uny othcr Rorrowcr muy+igrcc to crtcnd,nuxllfy.forbcur or
<br />='`"'°����.,�3�� m�►ke any accommadations with regarJ to the terms of this Sccurity lutitrument ur thc Notc�vi►huut thnt Iforruwer's conscnt.
<br /> ��:,_,� . :•.�
<br /> ,�,++?r•. !3.Loan Cherg�.[f thc laan sccurcd by this Security In+trumcnt ix subjcct to«law whlch sctti muximu�n luun c urgcs,
<br />�-.:y�*,-`�=w�� and that law is finally interpreted so that thc interest or other loun churges cullerted ar tu bc rid�ected in connec►ion with the
<br />='°'� ` � ` loun exceed thc permtued limits, then: (a)any such loa�i cliarge shall bc rcduced hy thc um��unt ncressury tu reducc the churge
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<br />;,�:i.�<<,--. ta the permitted limit; and(b)uny sums ulready collecteci frum Borr��wer which exceedcd permiterd limit+will he refunde tn
<br />�'�.'�� '`� Borrower. Lender m�+y choose to make this refund by reducing the principal owed undcr thr Nute ur hy nu�king u direct
<br />�:�..:;:r.�+�:_� payment tn Borcuwer. If a rcfund reduces principal. the rcdu�tiun will be trcuted u� u partia� prcP�iYm�n� Wi����'ut any
<br />;,�;T:;;•;�•';;� prepayment churge under tl�c Note.
<br />-;.y:' `.: •", 14.Notices. Any notice to Burrower provided for in this Security In�trua�ent shall Ik piven hy delivcring it��r by nu�iling
<br />="_, `^• it by first class mail unless applicablc luw requires usc of anuthcr mrth�xl• "Chc nutice shuU hc dircrtcd tu thc I'roperty Addre+s
<br />�;,;;,,.�. ,. � or any other address Borrower designates by ni�ticc tei l.ender. Any noticc ta Lender +I►;dl he givcn by lir+t rlatis mafl ti�
<br />�: i.. '. , i.ender's uddccss stutcd hcrein or any uthcr address Lendcr derignute,by n�uicc cu l3urr��wcr. Any nutfcr pr��vidcd fur in this
<br /> z;;_,,• ' Sccu�iry Instrumcnt shall bc dcenud to huvc bcen given to Borrow�r ur l.cndcr whrn g.ivcn u.pruvidcd in thi�p.iragraph.
<br />-_- - �''.:°.. l5. Governin� Luw; Severuhiltty. This Security Insrrun�ent hliull hc guvcrncd hy frdcrd I;i�v nnd thc la�v uf the
<br /> .;y...,..
<br />�`"' • - - jurisdiction in which thc Prciperty ir lucatcd. In thc cvent th,�t uny pruvi�iun ar cl�wtic ul thiti tirrurtty Intiirwncnt ur tti� Notc
<br /> - -. . " mnfli�ts with applicablc I.tw.such cuntlict shull nnt xtfect othcr pruvision+of'thi. tie�urfly lntilrutnint ur Ih�' Nutc whirh r.�n bc
<br />: " givcn effcct without thc contlicting pr�wision.To this cnd thc pn,visionti uf tliis Srrurity Intitnuiirnt und dtr Nutr ur�dcdurcd
<br /> � to bc ticvcrablc.
<br /> 16. Sorrowcr's Cop�'. Horrowcr shall bc�ivcn onc rantirrmcd r��py uf thc Nut�and ul N�i�tircw•ity In�uumcnt.
<br /> � ro����aoze 9190
<br /> - . . - Vaqu 4 0l 6
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