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<br /> � \c� ... - �� f��� • 6f�Ot1T� th9 .P01l9(18fl1$ 8Rd 8$f8@A18111$ € n` ` ��f(�
<br /> , �. � '�-_ . :(,.� � 7. Protectton o9 Lsnder's Rtghts in the i'roperRy. n eorrower rans co o . ;. .
<br /> contafned in thts Secudh►tnsUumsnt,or there is a legat ProceedEng that may signdica►►UII affact Lende►'s�tShts in Me ProFertY(sucR es ', `` `
<br /> " � ` . i a p ro e e e d'n g in bantau R i c Y.Probate.tor candemna4ton or brfe�ue or to enforce taws or regulationsl.then Lender may da and DaY�� -
<br /> , -.�P",-.i' �.,.. .
<br /> � ` � whatever is necessary to Pro��s va5ie o}the Prop�ty end Lende�s rigt�ts in the PropertY. Lenders aetions may inch�ds paY�B :
<br /> . � any Sum�seeured by a�en which has prtorty over this Sefxln'iU lnstrumenR eDPeB�ing ee Cou[!.DaY�B�easonaD�attomey's fees and� . : ,
<br /> h 7,Lender does not have to do So. � � ' T�' � "
<br /> • entering oo the Property to make repairs. Attnougn Lertder may taks eetion ur+Qer this panagrap � � .•.
<br /> , • �: �.� My emounts disburse�d by lender under Mis psr�9�aDh 7 sha0 becoane aQd31ona1 debt of Borrower secured by tt�� Securfry � .
<br /> , :, Instrument Un�ess 8or►ower And Lender agree to ott�er terms ot payment, these 8mount5 shall bear interest from trte date ot�dl
<br /> :i d'sbursement at the NotQ rate 8nd shau he payabte.wBh intecest.upon nothCe irom Lender to Borrower requesttn9 Oal►me�� � ` `',. � x'
<br /> 60
<br /> � 8. MO�tgage In�urBrtCe. If Lc�der requaed mortgage fnsurance as a conddion of making the loan secured by thEs Sewntfl� . .
<br /> - . InsUcumenl,Bortawer shaU pay the premiums requQed to maintain the martgage insurance in eftect. tf. tor any reeSOn.1�8 moRgBge� ., .. .
<br /> msurance coveiaSe repuued by�ender taPses or ceases to be in eftect,Borrower ShaO pay the premtums requireed to obffiin cove�aSe� : 4� .
<br /> `` ---- substenttaly equlvalant to tAe mortgage insurance previousy�n e8ect.at a cost substantialty equtvatent to the cost to 8orrower oT the� � '
<br /> .'� :..,. "�-, mo�ge uisurance P�aviousry in efiect. irom an eBemate mortgege insurer approved by Lertder. ii substantiaUy oqulvalent mortgage =�._. .- :_. :r. ,
<br />-- � r�'- ._c .. .
<br /> -`` �, . insurance coveraga is not availabte, Borrower shaU pay to Lender esch month a sum equal M ane-tweffth ot tt�e yeaAyr moK9ag$ _- :--,--
<br /> .:. �. � insurance premtum bemg p8id by Bortowar when the insurance eaverage fapsed or ceased to be m effect. Lender w�l aCCep�use en d . ,;�
<br />`��.^.� , retain these payments as a loss reserve in Geu ot mortgage msu+snce. Loss reserve payments mayc no Ionger be cequired at the ,
<br /> ` �y opbon af Lender, it mortgage insurance coverage (in the amount and tor the pericd that Lender requ�res) provtdsd by an Insurer ,
<br /> • " , apDroved by Lender again becomes avaifabte and is obffirt�ed. Borrower sha0 pay the premiums requrced to matntairt moRgage .
<br />_ ' . . . � msuranee In effect, ar to provide a loss reserve. until the requtremsnt tor martgage insurance ends u� aceordertce with any wr�ten ._.
<br /> �'. . , `..-; agreement between 8omower and Lender or epplicabt�law. ,. `:
<br />'r � 9. 111Sp@CtlOt1. lender or �TS agent may make reasonabta envies upan and inspectfons ot the Property. Lender shaII gtve ` . �_':c�.
<br /> :t` , �� . ' F Borcower notice at the time of or prior to an inspection spec�g reasortabta cause tor the mspecUon. .•, �`
<br /> 10. Condemnauon. Ths proceeds ot 8ny award or c18Un for damages, dtreCt or consequentlal, fi connection w3h any � �;;,_
<br /> ,�`:. , ;.,� condemnaUon or other taking of any paR of Me Property.or for eonveyance in lieu of condamnatton,ere hereby assigned and shaU Ce � J-'��.;��_
<br /> ;". . paid to Lender. _ .
<br /> � In the event of a total mking o!the Property,the proceeds shau be app�ied to the sums secured by this Securidyr tnstrument,
<br /> r i. . . ';' whether or not tpen Que,wHh anY excess Aaid to Borrower. In t�e event of a parbial telcin9 ot the PropertY in which the tair market .��.< < � �_
<br /> #� vafue of the Property tmmediately before the faking is equal to or greater than tAe amount af the sums secured by this Securdy �''�"'
<br />.�_:... . ' � . InsCument immediatsry before the tak�g. untess 8orrower end Lender otherwise agree �n w�1ng. the sums secured by tt�is Securny � • `:`'�
<br /> - - Instrument snall be reduced Gy the amount ot tne pracaeds muRtpued by tsa fouowing fractlon: (e) tne totat amount of the sums • ',-;'��-{.`-.�-;�
<br /> ' secucad 'unmediatety be(ore the micmg, d;vided by (b) the fair market vatue of�^e Property unmediately befire the teking. My batanrs � �'=�'
<br /> ;. . . ,. �.`:�.��
<br /> . snall be paid to Borrower- In the event of e partial taktn9 of the Praperty in which the fair merket vaiva of the Piroperty immediat8y =
<br /> � . ' before the teking is less than the amount ot ths sums secured immediatety betore the taking. unless 8orrowet end Lender otherw�e :� ��
<br /> . . ,. .' . `'• agree in writtr+g or untess app�icabte law otherwise provides, the procesds shall 6e applied to the sums secured by tAis Secufdy ' '"^'���i�°_�,�-
<br /> , ,I��,=,.- .:w_...�.
<br /> Instrument whether or not the sums are then due. � �--
<br /> • � ",`�� If the Property is abandoned by 8orcower,or A,after notice by Lender to Borrower that the condemnot oBers to make en awerd or '' ��
<br /> ���; settfe a cWim tor damages. Borrower taits to respond to Lender w�hin 30 ctays after Me date tAe noUce is given,Lender is authortzed --_^.
<br /> K•f ' to coltect and appty the proceeds.at Rs opUon,either to restoraUan or repatr ot the Property or to Me sums secured by this SeCUrity ___
<br /> �.: . ""_
<br />. ..�. � Inst�umenL whether or not then du9. � �'.;+-.��
<br /> , ' . .,. Uniess Lender and Borrower otherwise agree in writin8�en9 aDD�ication of proceeds to principai shatl not extend or postpone t�e
<br /> + due date ot the moathry payments referted to in paragraphs 1 end 2 or change the amount ot such payments. `� ,, . �`; ;�::°
<br /> ' , � , . �� � 11. Borrower Not Released: Forbesrance By Lender No4 a Waiver. Fxtension of ene �une ror paymem ar - ,, ��.�.
<br /> modification of amoR�ation of thg sums secttred by triis 3ewrity Instrument granted by LenAer to etty SucCessot in interest of BOrrower r` -"'
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<br /> - � ' :*�i.,•
<br /> _. . . .. shan not operate to ret38se the IebiGly Of the orig(nal BOrtOwer Ot BortOwers SuCC&SSOrs� �ntBres� Lsnder shall noi be requhed to -,
<br /> • - commence proceedfigs against any successar in interest or refuse to extertd time tor payment or othervvfse mad�Py amorttzaUon of the , , ��._
<br /> . ' sums secured by this Securiry Instrument by reason af any demand mads by t�e ar�inal Borrower or Bortowefs successors in • -�.��
<br /> � :..�:,-
<br /> � a�terest. Any torhearance by tsnder o� euercisfig any right or remeQy sha0 not be e waiver of or prectude tRS exercise of any rtght or , .,
<br /> � � remedy. :�,..�:: : ,.' �r
<br /> 12.Successors and Assigns Bound;Jolnt eas�Several Uability; Co-signera Tne co+�a.�rs and �:. -,; - �• �
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