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Home My WebLink About0939 If Lender required mort~yepe i~sutance aa a condition of rt?akin~ the i~sn sacured by thia Security Inat~ument, Borrower shall pay ~ the premiums required lo malMaM the insuranoe in effed undl such tlme ea the ~equirement for the insurance terminates in accordanoe with Borrowers and l.enders vKitte~ a~eement or appNCat~16 tew ' 8. ~p~tion. Le~der or its agent may make reasonsbfe ent~ie8 upon and inspectio~s ol the Property. Lender shail ghre Harrow~er notbe at the dme of w prior W~n inspection apedyinq reaapnable cauas for the inapectlon. 9. Ca~d~mnMto~~. The {x~oceeda of anY awerd or claim far dsma~es. direct or conseQuentlal. in oonnectbn with any condemnaUon or other taking ot eny Rart ot the Properiy, ot for conv~eyance in Neu o? oondemnetbn, are hereby asslyned and shall be paid b Lender. In the ev~en! of a lcta! taking of the Qroperty. N~e prooeeda shall be applied to the aums aecured by this Security Instrument, wt?ether or not ihen due, wEth a~y exoess paid to Borrower, ln ihe event of a pa~tial taking of the Property, unless Borrower and Lende~ othe~wisa aQree in writln~, the aums secured by this S~et~rity Instrument ahall be reduced by the amount ot the proc:eeds mu~iplied bY the toNowing hacUon: (a) the total amr,u~t of the sums eec;ured immediatey before the taking. divided by (b) the fair marlcet value of the Property immediatey bebre the taking. Any balance sha8 be patd b Borrowec If the Properly is abandoned by Borrow~er. or ii. aite~ no~ce by Lender to Borrow~er ihat ihe condemnor oHers to make an award or setde a c~aim br damages, Bo+ror+Mer faifs to respond to Lender withln 30 days af~ ihe date ihe noHce is given, Lender is authorized to c~llect and apply the proceeda, at its option, eithe? to restatation or repalr ot the Property or to the sums secured by this Secu~iry Mstrumen~ whether ot not lhen due. ~4 Unless Lender and Borrower otl~erwiae agree in w~iting~ anf? apPUcaNon of {xaceeda ta ~,~indpal ahsll ~at extend or postpone the due da~ of tt~e monthhr peymenta ref~r~ed to in para~epha 1 and 2 or change the amount of such payments. 10. 8arawK Nat R~d: Fab~ano~ L+oiieNr Nat a M~Iw~ ExMnabn of the ~me for payment or modificadan of amortizaNan of the sums aecured by this Security ~atrument grar+~ed by Lender to arry suoc~esaor In tn~er~est af Borrow~er sha11 not operate to release the NabYity of the ai~inal Bonow~er or Borrowers successars M intereat Lertder shall r~o! be required to cvmmence praceedings against any suocessor in in~er~est or refuse 1o extend time tor p~yment or otherwise modHy amortlzebon of the sums secured by this Security Inshument by reason oi any demand made by the aiglna! Borrower or Borrow~ers successors ln interest. Any torbearance by LeRder in exerctsirtg any rigM a remedy shall not be a~r of or predude the exercise of any ?ight or remedy. 11. Suc~ssors at~d Aai~ns 8ound: Joi~rt snd 8w~a1 l.i~bi~Ily; Co-sipn~rs. The oover~aMs and agreements of this Security Instrument ahall Wnd and beneM the sucoessors and asefgns of Lettder and Botrower. subject to the provislona of paragraph 17. Borrower's cav~enants and a9reements ahaN be joiM and several. My Qorrower who co-signs this Security Instrument but does nnt execute tt~e Note: (a) Is co-signing this Securily Instrument ony to mortgage~ 9rant and convey that Borrow~e~'s iMerest in the Property under ihe terms of thts Securiiy Instrument: (b) is not psrsonatly obtigated M pay the sums secured by this Security lnsUume~t: and (c) agrees that lender and any other Bo~rower may agree to extend. modiy. iorbear or make a~ry acoommodatfons with regard to the terms ot this Securiiy tnstrument cx the N~e wfthoert that Borrowers consen~ 12 L~o~n Chanp~ !f the losn secured by this Secxuity Instrument is subjec~ to a law which sets maxlmum loan charges, and that ; law is finally interpreted so that the interest or oth~ar loan charges ooHected or to be cotlected in connectlo~ with the loan exceed the ~ f permit~ed limits. then: (a) any s~xfi Ioan charge shaN be reduced by the amouM necessary to reduce the charge to the permitted timit; ~ and (b) any sums alteady cottec~ed irom Barawer which exc~eecfed peemitbd limits will be retunded to 8onower. Lender may choose to ~ mak~e this retund by redudng the princlpal owed under the tVote or by making a dired payment b Borrow~er. ff e returxf reduces P~~Pe~~ tlte reduction wiN be treated as a Partia~ P~PeYeneM without sny prepayment charQe under the Note. - 13. l.p~l~on AfNc~p t~id~ Riphls. If enaCtment ot expiration of applicable Iaws has the effect oi rende~ing any provision of the No1e or this Secxrrity InslrumeM unenforceable according fo its Eerms. Lender, et its option, may require immediate payment in full of all sums secured by thls Security Instrument and may, inv~nlce any remedies permitted by paragraph 19. H Lender exercises this option, Lender shaN take tl~e s6eps specified iri the second paragreptt ot paragraph 17. 14. N!olk~a My notice ~o Borrowe~r provided for in this Sec:urity Inshument shall be given by delivering it or by mailing it by first dass mail unless applkable I~w requitea use of another meftwd. The notk;e shall be direcled to the Property Address or any other address Bonower de,gignates Dy notic~ to lendef My r~ttc~e to L;ender shafl be giv~e~i by first dass maft to Lenders address stated herein or anY other address Lender designates by notice b Borrower. Arry nottce provided for in this Securily Instrument st?a!1 be deemed to hare been giYen to Eiorrower or Lender when girreen as provlded M tt~is paragraph. 15. Qowrr~irq tiw; 8~wr~ This 3ecurfty lnshument shBJl be govemed by federal law and the law ot the jurisdiction in which the Property Is bcaied. 1» tl~e e++~ent that any pravision or dause of thia Security Instrument or the Note o~nflicts with applicable law, Such con~ld shaH not aiteCt other provislona uf thia Security InsVument or U~e Mote which can be g'rven eftect without the conflicting pravision. To this end the provis~ons of this Security Instrument and the Note are dedared to be sev~erable. 16. Bomow~a Copy~. Borrow~er shall be given one conformed copy of tfie Note and of this Security Instrument 17'. TransNr d!M Prop~ty or a B~al ~ in 8omow~ If a1i or any part of the Property or any interest in it is sold or nsferred (or H a berteficial ir~etest in Borrowsr is soid or tranaterred and Barrow~er is not a natural person) without Lende?'s prior written oonseM. lender may. at ita o~tion. ~equtre immedisb payment in tull of aN sums secured by thls Sec~rity? Instrument Haw~eYer. this option shall not be exerased by Lender if exerdse is prohitNted by federal law as of the da~e of this Securiiy Instrument H l.er~der exercises this optbn-. Lender shall giv~e Sorrower noti~ce ot_acceleration. The rwtice shall p~ovide a period ot not tess than 30 daYs from the date the nMice is~delivered or mailed wnhln which Borrowet must pay atl sums secx~red by this Securiry Instrument It ~ Borrow~er tails to pay these sums prior to the expiration of this period. lender may invoice any remedies permitted by this Security Instrument without turthef notioe or demand on Borrower. . 1a. 8araww'a Ripl~t'a R~Y~aN. !f Bon'awer meets certain conditions, Borro+Mer sha11 have the right to hav~e enforcement of this ~ Securily InsUumerrt diacon~nued at any time prfor to fhe earlief of: (a) 5 daYs (or auch other period as applicable law maY sPecI1Y for reinstaternent) before sale ot the Froperty PutsuaM b arry pow~er af sale conteined in this Seauity Instrumeni: or (b) entry oi a judgment enforc~ng this Searity Inatrument Those conditions ar~e tha! Borrower. (a) pays f.ender ap sums which then wouki be due under this ~ Secxirity InetrumeM arM the Note had no ecceleraibn oocurred; {b) Cures any defautt of arry other carrenanta or agreements: tc) pays all expenses incurred in enfordng this Sec:u~ity inatrument, including; but not IimiEed to, reasonable attomey~ fees; and takes such ac~on , as Lender may rgaeon$Wy require Eo assure fhat the lfen of thia Security InsUrument, Lender's righb in the Property and Borrower's obligation to pay ttte auma aecured by this S~ec.urity fnstrun~ent ahaN continue unchanged. Upon reinstatement by Borrovaer. this 3ecurity Instrument and the obligetiona aecured hereby ahall remain tully effectiv~e as ff no acceferation had occurred. How~errer, tfiis right to ~ reinstate shall not apply in the ca~e of ac~eteratbn under panigraphs 13 or f 7. . gooK 543 PACE 932 - P,~.aaa FLONlDA-EM~ fM~Nr-FNMA/FHIMC UNIFORM INSTRUMENT Form 30101Z/a3 OF FLS0025 7/M ~ , , s...: ~1.. _ ~ . _ . : _ ~ _ - - - -