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Home My WebLink About0954 . ~ It Lrnder rryu?red mortgage in~urance as a rundition uf making the loan serured by this Serurity Instrwnent, l3~~rn~~~er .hall pa~ thr ~rcmium~ reyuireci to maintain the insuran~e in etTect until such time a, the requirement fur the in,uranre terminatr~ in arrur~ianre w ith Borrower's and lxnder's written agreement or applirable law•. 8. Inspection. Lender ar its agent ma~• make reasonable entries upcm and ins~tiuns of' the Property~. Lender ,hall gi~ e f3orrower nutice at the time of or prior to an inspertion sp_cifying reasonable cause for the ins~ertiun. 9, Condemnation. Thr pr~eeds of any aw ard or claim fc~r damagc~, direct ar ronsequential, in connection with :~n~ ~undemnatio? or other taking ~~i~ any~ part uf the Pro~rty, or for con~e~~ance in lieu of condemnation, are hereby a~.igned ~nd tihall tk: paid tu Lender. [n the e~ent of a total taking of the Yroprrt~•. th~ pra~erds shall he applied to the sums secured by this Security lmtrument, ~rhether or n~~t then due, Nith an}~ exre;s paid !o Borro~~er. In the event of a partial taking of the Property, unle~s Bormwrr and Lender ~~therti ise agree in writing, the sums sc~ urrd b}~ this Security lnstrument shall be reduced b~• the am~~unt ~~f the prcxe~ds multiplied b~• the follo«~ing frartion: (a) the tutal amount of the sums serured immediately before the taking, di~~idrd b~~ (b) the fair market value of the Property immediatel}• before the taking. Any balance shall be 4 p~id to BorroHer. If the Pro~rty is abandoned by Borrow~er, or if, after notire b}~ Lender to Borrow~er that the rondemnor ofTers to make an aw•ard or settle a claim for damages, Borrower fails ro respond to Lender ~~•ithin 30 days after the date the notice is given, Lender is authorized to collect and apply the proceeds, at its option, either to restoration or repair of the Propert}~ or to the,ums sec~red by this Securit~~ Ir.strumeni, whether or not then due. Unless l.ender and Borrow~er otherw~se agree in wnting, any application of proceeds to principal shall not extend or ~st~ne the due date of the monthly pay~ments referred to in paragraphs 1 and 2 or change the amount of such payments. 10. Aorrow~er tiot Released; Forbearance By Lender Not a Waiver. Extension of the time for payment or modification of amortization of the sums secured by this Security Instrument granted by Lender to any successor in interc~t of Borrow~er shall not o}~rate ta release the liability of the original Borrower or Borrower's successors in interest_ Lender shall not bz required to commence proceedings against any successor in interest or refuse to extend time for pa~•ment or otherwise modify amortization of the sums secured by this Security Instrument by reason of an~• demand made b~• ihe original Borrow~er or Borrow~er's successors in interest. Any forbearance by l.ender in exercising any right or remedy sh~ll r~ot be a w~ai~~er of or preclude the exercise of an}~ right or remedy. 11. Successors and Assigns Bound; Joint and Several Liability; Co-signers. The covenants and agreements of this Securit}~ Instrument shall hind and benefit the successors and assigns of Lender and Borrower, subject to the provisions of paragraph 17. Borrow•er's covenants and agreements shall be joint and several. An}~ Borrower who co-signs this Security Instrument but doc~s not execute the Note: (a) is co-signing this Secarity Instrument only to mortgage, grant and com~e~~ II131 F30TfOR'~i's interest in the Property under the terms of this Security Instrument; (b) is not personally obligated to pa}~ the ~ums secured by this Security lnstrument; and (c) agrees that Lender and an}• other Borro~•er ma}~ agree to e!ctend, modif}~, forbear or make an~• accommociations u•ith regard to the terms of this Serurit}~ Instrument or the Note without that Bc~rmwer'sconsent. 12. I.oan CharRes. If !he lo;~n tierured h~ this Serurit~ Instrument is ~ubject to a law which sets maximum loan rharges, :~nd that la~~ i~ finall}~ interpreted so that the interest or other loan charge, rollected ur to tx colle~ted in ~~~nn~~ti~m ~cith the ic~an exreed the permitted limits, then: (a) an~ such loan charge shall be redured b~~ the amount ne~e~.sar~ tc~ redure the rh:irge to the permitted limit; and (b) an~~ sums alread}~ collected from f3arrow~er which exceeded permitted iimit~ will Eic refunded to $orroHer. Lender ma}~ chcx~se to make this refund h} reducing the principal ow~ed ~ undcr thr tiote or b~~ making a direct pay-ment t~ Be~rrower. If a refund reduces prin~i~al, the redurticm will t~ treated as a ~:~rtial pre~a~ment withc~ut an~~ prepa}ment charge under the Note. ~ 13. l:e~islation Affectin~ I,ender's Rights. If enactment ~~r expiratic~n of ap~licable la~rs hati the efTect of ; rendering an} rrc~~ itii<m ~f the ~ote ur thi~ Securit~ Instrument unenforceat~le acrc~rding tc~ its terniti, Lender, at itti c~ptiun, ' ma} reyuire immediate p~~ment in full u~ all tiumti s~cured b~ thi+ Serurit~ In~trumen[ and ma} in~~~ke an}~ remedies ~ermitted b~~ parigra~h 19_ If Lender etercises this optiun, Lender,hall take the tite~. ~~xcitied in the tiecond ~~iragra~h of ~aragraph 1'. ; 14. \otices. An~ n~~tice te~ Borrc~Her ~r~~~ ided f~~r in thi~ Securit~~ In~trument shall be ei~ en b}~ del~~ering it or h~ ~ m:~iline ~t h~ tirtit cl~~~ mail unletiti appl?cabte law reyuireti use oi anuther method. The nutice tihall be direcied to the ~ Yr~~~ertt Addretiti or am <~ther addre,ti B~~rroHer designates b~• notice to Lender. An}~ natire to Lender shall hr gi~en h} ~ tir~t rlasti mail tc~ Lender'ti addre~s stated herein ~~r an~~ ~ther addre~s [.ender designates b}• n<~tice t~~ E3orroµer. Am~ nutire ~n~~ ided f~r in this Securit} Imtrument ~hall he deemed tc~ ha~e been gi~en t~ Borr~W er c~r I.cnder ~~hen gi~ en as ~r~n ided ~ ~n thiti paragr~ph. ~ 15. Governing [.aw; Severabilit}~. Thiti Secant~ Imtrumer.t ~hail b, g<nerned h~ feder:~l lau and the law ~t~ the g uri,dict~~m iri ~~hich the Pro err} i1 lorated. In the e~ent that :~n~ nni~ion ~~r clau~e of thiti Securit Instrument or thr B J P P ) ~ \e~te cc~nflirts ~tiith applicable la~~, such rnnflict sh~ll nut afTect other pro~i5i~m~ c~f th~~ Securit~ In,trument <~r the tiote ~ ~tihi~h ~~n be gi~en effect tiith<>ut the r~mflicting pm~isi~~r.. Tc~ thi5 end the prc~~iti~e~n~ c~f thi~ Securit~ Li~trument and the R \utr are cleclared t~~ be tiecerahle. ~ ~ 15. BorroKer's Cop}. Bc~rr~~~+rr ~hall h~ gi~en ~~ne ronfe~rmed ~c~~~ c~f [tie :~nte .tnd nf thi` Se~unt} In~trument. 17. Transier of the Propertc or a Beneficial Interest in Borrower. If all ~~r an~ ~art c~f the Pre~rcnc ~~r an~ ~ ~~ntrrr~t in it t~ u~id ~~r trantiferred (or if ~ ben:ficial ~nter~~t in B~rrciwer iti u~ld i~r tran.lerre~i and B~~rrower ne~t a naturai ~er.unl ~~~thciut Lrnder'~ J~n~,r ~~ritten re~n.ent, Lendrr ma}•, at ih i~~ti~~n. reyuire imm~diate pa~ment in fuli c~f all sumti ~ ,«urrei hc thi. Secuntt Intitrumen!. E1e,we~er, thiti c~pticm ~hall n~~~ hr eserri~cd h~ I,en~i~r if exerci~e i~ ~rnhihited h~ ~ trderal I,i~. a~ i~f the datr <~f thi~ Serurit~ Intitrument. [f Lrn~ier e~erri~~, thi~ ci~n~m. I.ender ~hall gi~e Burrciwer ncmce uf arrelrratu,~i. The nr~hr~ tihall ~rc~ride a~encxi - ~~t n~~t le.~ than ?0 da~ ~ frc~m the date che n~~ti~e iti deli~ered :~r mail~d ~~ithin whi~h Bnrr~~wrr mu~t pa~ all ~um~ ~ecured b~ thi~ Sr~urtt~ In~trument. If Bcirren~rr failti tc~ }~a} the~r ti~ims ~ri~~r te~ the ex~irati~n c~f thi. Fnri~~d. Lender ma~ in~c~ke ant - rrmrcii~, ~ermitted h~ thiti Se~urit~ Instrument Hithe~ut further n~tice ~,r eiem:~nci <m R~~rr~~~tier. - 18. Borrower's RiQht to Reinstate. If Be~rr~i~~er meet~ certain remditic~m, Re,rr~~~~er shall ha~r the r~eht t~~ ha~e ~ rnf~~r~rrnent ~~f th~ti Secunt~ In~trument di~~~mt~nu~d at an} time rri~r t~~ the earlier «f: (al S da)ti (nr tiuch e~iher ~cricw~ ati ~ ~~~l~rahlc ia~~ m.i~ ~~~c~f~ fe~r reii~tiritement) hefc~rr ti31e ~f the Yrc~pert~ runuan[ tc~ an~ r<iwer ~f tiale contained in thit > Secunt~ In~trument: ~~r Ih1 rntn ~f a ~udgmerzt enfc~rcine th~~ Securit~ (n~trument. Th~~~e C<~f1Lil1(lllt arr that B~rmwer: ~ (a) ~a~. l.cnder all ~umti ~~hich thrn ~ti~,uid he due under thi~ Serurit~ Intitrum~nt ~ind the ti~~te had no acceleratic~n x- g ~~~~ifrrrd: ih~ rure~ ~inc ciet~~ult ~~f .,nc ~~ther ee•~enantti c~r azreemezits: (c1 ~a~~ all e.~~en~e~ in~urred ~n enf~rcing thi~ ~ SeLUnt~ In~trurn~n[. ~n~luding. hut n~~; lirnite~~ t~~, reatie~nahie att„rn~}~' (ce~: and (d) take~ ~uch ~ctinn ati Lender ma}~ reat~~nahi~ ~~yuire t~~ a~~ure that thr lirn ~~f thiti Serunt~ In~trument, i.~nder'~ neht~ in the Prc~pert} ~nd E3c~rr~~w~er's ~ c,hlicati~m ?4, ra~ th~ •.imi~ ,«urr.i h~ thiti S~cuntc In~trumrnt ~hall c~mtinue unrhanged. l.'~~m rein~tatrment b}~ d Rc~rrrn~rr. Ihi. ~erunt~ 1r~trurnent and thr ~~hlig~iu~~nti tierured herrh~ tihall rema~n full~ effecti~e ati if ni~ arceler3ti~~n had ~ ~~:~urrc;i H~~~ce~er. tht~ neht t~ rein`tatr ~hsll n~~t ,~~~i~ in the ~~t~enfaccelerahun under ~aragra~h~ 13 c~r 1i. ~ ~ . y ~ ~ _,a~K~~ PacE24$~ r_ . . ,K ~j , Y!vE • ~ _ _ _ - - ~ ~ : ~ ~ Y t::~ ~