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Home My WebLink About2833 , 'f ;f: ~ ' ~ , : • " • it Lender ~equ~re<i mort~aye ~nsu~ance as a cond~t~un uf mak~ng the i~~an secured by th~s Secur~ty In9irurne~~1 Borr~;.ver sha~! pay the prt~r~i:;:ms requued to ma~nta~n the ~nsurance ~n etfect unt~i ~uch t~n;e as tF~e iequr. enic~nl tor ihe ~n;urance tern~~nates .n accordance w~th Borrowe~ s and lender s written agret~ment or apphcabie law 8. InspeCtlon. Lender or ,ts ayent may make reasonable entr~es upon and u~spect~ons of the Prop~r;y Lender shall yrve Borrower nol~ce at ihe t~me of or pr~o+ to an ir,spection spec~fying reasonabie cause for the mspect~nn 9. Cond~mnation. The ~;roceeds ot any award or cla~m for damages, d~rect or consequent~ai ~n connect~on w~th any cor,~~~r~nat~on or other tak~ng of any parl of ?he P~operty or ior conveyance ~n heu ot condemnat~on, arehereby ass~gned anci shat; ~ bct ~~a~d !o Lender ! in the event ot a totai tak~ng of tnc~ Property ihe proceeds shall be a~Flied tothe sums secured by this Secur~ty Instrument. •,ti~!~etrer or not then d~e. wilh any excess paid to Bonawer in the event ot a partial lakmg of the Property. unless Borrower and Lend~~r other~r~se agree m~vntmg. the sun:s secu: ed by ±h~s Secunty Instrument shall be reduced by the amount ot the proceeds mul;,pl~ed by the tellowmq hact~on (a1 the tota~ amount ot the sums secured ~mmed+ate!y before the tak~ng. d~v~ded by (b) the ta~r rnarket value of ihe Prcperiy ~mrned~atety before !he tak~ng Any balance shall be pa~d to Borrower ' It the Property +s abandoned by Boirower. o! d. after not~ce by Lender to Borrower that lhe condemna offers lo make an award o! settle a cla~m for damages. Borro~.ver ta~~s to respond ro Lerder w~tnm 30 days after the date the not~ce :s g~ven. Lenoer ~s authon~ed to couect and apply the proceeds. at ~ts ophon erther to ~estorat~on or repa~r of the Property or to the sums secured by th~s Sec~u~ty Instrume:?t whether or not then due l;nless Lender a~d Borrower otherw~se ayree m wnting. any application o' oroceeds to pnnc+pal shall not extend or postpone the due date of the monthly payrnents retzrred to ~n paragraphs t and 2 to change the amount of such payments 10. Borrower Not Released; Forbearance By Lender Not a Wdver. Extens~on of the hme for payment a mod~fication of ~mort~za6on of the sums secured by th~s Security Inst~ ument granted by Lender to any successor m mterest of Borrower shal! not operate to release the I~ab~lity ot the onginal Borrower or Borrower's successors in interest. Lender shall not be requi?ed to commence proceed~ngs agamst any successor rn ~nterest or refuseto extend t~mefor payment or o!hen+vise mod~fy amortizat~on oi the sums secured by th~s Secunty Instrun~ent by reason cf any demand made by the onginal Borrower or Borrower's successors ~n ~nterest Any torbearance by Lender m exe; c~sing any nyht or remedy shall no! be a wai~er of or precludethe exercise uf any nght or remedy 11. Successors and Assigna Bound; Joint and Several Liabitity; Co-signers. Tne covenants and agreements ot th~s Secur~ty Instrument shall b~nd and benef;i the successors and assigns of Lender and Borrower. sub~ect to the prov~sions of paragraph 17 Borrower s covenants ard agreements shall be ~omt and several Any Borrower who co-s~gns th~s Secunty Instrument but does not execute the Note (a) ~s co-s~gning this Secunty Ins;rument only to mortgage grant and convey that Borrower s mterest m the Property under the terms ot th~s Secur~ly Instrument. (b! ~s not personalry obl~gated to pay the sums secured by th~s Secunry lnstrument: and (c1 ao~ees that Lender ard any o;her Barower may agree tc extend. modrfy. forbear o; r•~ak~ any accommodat~ons ~v~th reqard ?e the term; of ?h~s Secunty Instrument o; ?he Note without tnat Borrower's consent 12. Loan Charges. If the loan secured by ?h~s Secunty Instrument ~s sub~ect to a law wh~ch s2ts max~mum loan charges. and that iaw ~s hnally mterpreted so that ?he ~n?erest or other ioan charges coiiected or r~ be coliected ~n connection w~th the ioan exceed the perm~tted hmrts. then ~ a) any such loan charge shai! be reduced by the amount nacessary to reduce the chargetothe rerrn~tted Ir.n~t: and (bl any s~ms 2!ready co~'ected irom Berrower wnich exceeded permitted i~m~ts ~~~II be refunded to Borrcwer Lender may chuose?o maketh;s resund by reduc~^gthe prmcoai owed urder the Noteor by mak~ng a d~rect payment toBorrower. If a re+und reduces prmc~pai. the reduct~on w~N be trea!ed as a part~al p~eGaymen! ~v~thout any prepayment cha~ge under the Note 13. Legislatlon Afbcting Let~der's F~ghta. If enaarnent or e~cp~~atan d appNcabie IaNrs has the effed d rw~derirxJ P~~ ~~~~9 the repayment terms, interest ad~ustments. or transfer d praperty under the Note or this SecurRy Instrument ur~er~orceable according to rts terms. Lender , at ~ts option. may req~ire Borrow~er to modify the repa~rnent terms, mterest adwstment terms, or transfer d property provision(s). as appl+cable. d the Note and/or the Security Instrument. The new term{s} sha11 not ~ncrease the Note interest rate to a rate gr2ater than ~ ;he rate ~.ender would have offered Borra~er on the date d the Note for a 34year f~xed rate ban in the sarrie onginal prinapal arnour~ as the Note If Lender exerc~ses th~s opt~on. Lender shall g~v~e notice to Borrower, specrfy~ng: (a) the act~on required to modrfy the appt~cable term(s) ; of the Note arxi the Securrty instrument: (b) a dat~ not less ihan 90 days from the date the rwtice ~s g~ven to Borro~er, by which tne modif~cat~on i must be completed; and (c) that ta~lure to complete the moddrczUon on a before the date specd~ed m the notice may resutt in accelerat~on ef !he sums secured by the Secunty instrume~t. If Borraru~er fads to take the act~on required to effect the modrf~cation w~thm the speCrfiecJ ~ t,me. Lender may ~rnroke ar~y remed+es permitted by the SeCUrity lnstrument w~thout further notiCe to or demand on Bo~~awer. ~ 14. Notices. Ary no:;ce ~c Borre;ver ,~~ov;~ed'~r :n ?h~s Secu~~?y l~str~,men; shal~ be g~ven by dei~venng i! o~ by ma~~~ng ~t ~ h~ ~ r>( ~;~5~ r; ~a;: ~!1;E'SS c'3~N!IC2Gi@ i~:•.'!°C~U:'cS USBJ° d^DihBf fTlEthuG+ The no?~ce snal~ be d~rected to?he Prope~y Address or anY ~ ~~~~r adJfess Bo~ro~ti~r oes~grates by notice tc ~e^d~r Any not~cete Le.^.der shai' be g~ven by fus? c~ass ma!~to ~ender s.address ~ s?a?ed here:n or any otner address Ler,tler des~gnates by not~ce !o Borrotiti~er Any rot~ce prov:ded for m th~s Secunty Instrument ~ sna ~ be Ceemed to have been g,ven to Sorro,ver or Le~der .then g~ven as pronded s^ rn;s ~a~agraph ~ 15. Governing Law; Sererabflity. Th;s Secur~ty irsirume^t shal~ be go:~emed feoerai !aw ard ?he law of ihe ;ur,sd~ct,on m.vh~ch the Property ~s located In the ever*, that any p•o„s~on or ciause of tn~s Secunty !nstrumen? er the Note cont~:cts ~ v;~th appl;cabie !a.v such confi~ct shai! r.ot affect other prov~s~ons of ?h~s SecunCy !nstrument or the Note wn~cr, can be g~ven eftect ~ .v,;heut the contiic:Lng prov~s,on To this ertl tne provisions Of this SPcur~ty In;trurY~ent and the Nete a e dedared to Ce severab,e ~ 16. Borrower's Copy. Borrower s~~ali be g~ven ~ne CUr`ormed cop~ o` the NUte and of th~s SeCUnty Instrument ~ 17. Transier of the Property or a Beneficiai Interest in Borower. i` ai~ or any par, ot ;r~e Propeny or any ~nterest m rt ~s = so~c ::r 'ra^sterred ~ or ~f a benef~c~a..n;e~est ~n Borrower ~s so!d or transferred and Bcrrower ~s no! a~atura! person) w~thou? Lender s C'i0~ ~:!~'.ten CO!15°^:, Ltf'.~C~ '!'2y' 8I ,?S G:~~~O'1 f2y:ii'e it.^,fT1Bi7~8;~' Dzy~+nnt ,n fUi~ C` 8'i S~;r„S S@CU~20~ Cy' th:S S@CUf~t'~ irS~fU~r~Ef~( !-1::.'.'E'.Bf U:??!.~'.!1 5!?8i:, fl"JI b° E'i~c!C~SB~ b'y' LBR~7@~ C'xerC~SE !S ~fG~~bi~ed Gy' fe~@f8~ !2'.ti' 8S O! !!le ~ua:e o' th~S SE'CU!ify :rS•.r;;,"~ r,i ~ t` Ler~er exerc~ses th~; op?;or, ~er,~;.r sr,a:' gn~e Bcrro~.~:e~ not!~e of acceie~ at~on The not~ce sha!i pror~de a per.od of net :~~ss !r,ar 30 da; s trom ?he date the not~ce ~s de~:~. e!ed or rna~ied ~tr.,n v: h;ch Borro.ve~ must pay ali sums secured by th~s Secunty ' ~r~str,~r~ent If Berrower fa~~s to pay these sums pnor tc;?he exp,-at~on of th~s per~cd. Lender may ~nvu~ce any rerr~ed,es per!r,~t?ed by t 6 !h,s Secuniy Instrumeni ~.v~thput !urthe~ nohce or Ce~na^C Of~ BG.'!O'rN2f i g 18. Borrower's Right to Reinstate. if Borro:;er meess cer,a~n cend~i~ons. Bc~!ro:~er sna!i ha~e the nght to have ~ ~~fu'Cem~nt of ihis SeCUnt ~~Si'Urr:ent dcSCu~'ii'lUE'~J 8? dn' r~ tnP r ~ +r r ~ ~ Y ~ t~~ ~e p or ea. I~er of 1 a) 5 da/s or s::ch o„ ~e+ pe ~od as app,~cab!e ~ ~~~8:; '^~y SpeC~fy fOr rE;nS;B'.8r*:ent 1 bet0!e S3`.G Ot ,~~iP F'OJc'~iy DurS!~~r? to dny pU~hF! O? cBIE COnfBin@C ~ri ?h,S .r~niy InS1ru`r!Eni ~ pr r~J~ F'1?~: Of 3 ~UdOm~~1 B~!0!C!^:~ If1iS S@C::'~!V InS?!u!"2fti T^~JSe CO!td~!,u~s are that Borro~;°~ (21 D"c1~5 ~E~d~r ali Si;l~}S'l~hiCh ~ •~e~ r,;.;,!d be due u^aer th~s Secur:?y lr,s?rument .and ?r~e tio?e nad no ac~e~e~at~an occurred curec any Ce~aui? of any otr.er ^.)'vn^d''~1S ,~r' a~~nnR',B^'S (CI D3y5 2!' f,X7~'(15C5 ~!1CUf!F:~ r~n?J~C~!1~ Ihic SE,'CU(~iy~ Instrur.;eni if1CiU~~^O bU? f10? iitPilCd lC r - , , F • ~'w~: xY.tr, ac~ :~tFr~ t~Q ~t~ 149 ~ti~ ~r ' B'c ~bRlr iC . _ ~4~t~ 1~ DA~~sC~e.r~,7 ~ ~ - - _r.:; _ . ~ ~ ~