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<br /> �-__'"'�_ � , , � , '��co� . .. �,.5 rH - -- z-- r - �-�t��'S,._T ,--�`n .
<br /> ' f �. • < . s _ ` 6< '^ . .. . = r, :, . _ .
<br /> � " �_ � .< - .� � Y a• t �.fis��- ��_..�_..:�•��� t:.•�:, u.c.S.....:.�{'- .� �ia�._s. .��•, .,c°'� .
<br /> ..n.- _t�v _ .r. _ - .. "'�""�- �;rca,•
<br /> `'"�� • `t <' . � ..£- c`�' r' -r. -.o'4.
<br /> �.� �� �mceeding to be � c � � x ���F
<br /> <� �+ :� . � f8. OY ceu8tn$ tt�,+ � :4'., . .,
<br /> ' _ • $ortawer may wte such a detauft and teinstate as D�� rec(u esd�elhne oi the Borrawer's in.t�in the Property or .. ° ,�,� _ :_
<br /> , ,�; � dismissed w�th e rulU►g Nat.in Lendar's good taith deterrt�Nation.P
<br /> •;.��•;' �• �.,.
<br /> - •. ... other materlaf UnAalrment n!the Qen ueate d D y t h is S e e u r i►Y lnstsum2nt�oe L�inaccurate intonn�adc�rt ar�tmnentshto LenderQtar '
<br /> . detault!f Bocrower.du�t9 ttee[oan appIlcaUon proeess,gave mate�laQy but not� `. �, , "1�` `
<br /> , ��5, `� talted to provida lender wNh eny matertat kdotmatton}in conn2etian w�h the to�p�� �estdrna3.�clt�thfs Security� '
<br /> � �. 6m(ted to. represerrtatlons concemtng 8ortowePs accupanel► ot the PmpeRY tee ti8e ta the � ,
<br /> • � Instrum�nt is on a Ieasehctd. Borrawer sha0 eomPry'�th�1 tt�e provistons of the t�sse. if 8o�raser �oQ:1� � . a .
<br /> ,•_.��� to the mtrger ln wcitltt,� ,< . .
<br /> < . ,.... ProperiY.the IeaseAotd and the fee titie shatl not merge unte.ss Le.nder ag�eps �e,q rr,n�ants and agreements'� `
<br /> ?. Proteciton of Lendar's�Ighte in the Pra�er�/.H 6m.� � tc F��-''°- �
<br /> � �.��. �t.; cot►telned in lhis SecutftSf Instrument, or there is n Ie�t pmeee�ng that maY slgni�Graannl�Y etfed Le►ed'dt'�tights In the PmpeitY � : �:
<br /> ' .� . � sucA as e pmceedtng in danlwPtG11�P��tor ear�demnatbon or toAeinue or to enlo�e ta�rrs ar re�ci4f3w►sy. then tender may fsaa .. .
<br /> ; f and Lendrs's dghts In ttu�Rra�erry. lenders actions . .
<br /> �. � ;,;� do and pay tor wh�_ever is necessary►to proteet the vatue ot the Properiy► InsUUm.cnt a(q�aa2r�S � �u� PaY�9� . ,
<br /> may inc{ude payfng e�Y su� seared by a Uen whld► has prforlty aver thts S�uUY
<br /> .� ,::�-; .
<br /> - ►easor�ebie attomeys'tees and enter(ng on the Property to make repairs.Altt�ough dender may takb a�+n under th?s paragraph � 4 -
<br /> , = < � 7.Lender does rtot have to do so. '<:� .-
<br /> � �' Any emaunts dis6ursed by Lender under para�aph 7 shal! become adQ'itionFJ debt of Boaauc► seaured by this Securityl
<br /> � . .1 �.s ., �
<br /> ' Instrument Unless Borrower snd Lender ayee to other tertns ot paymert. these amou�� shail Daer �taest from the date o1 :z ...` .
<br /> �'� I with(nterest.upon noUee from Lender to Borro�aer cqu_sting PBfI►n� `�•�.�: `
<br /> �sbursement at the Note rate and sha0 be payrab e. '� �:�• � .,
<br /> i�.. ` __ .. 8. MortC,j8ge ICISU�81iCe. fl Lender�e4�d mo�tgage irtsurance as a cond�nu o�t� ef5twi.It�for ar►y receason.the �,' ' �
<br /> � , . Seartty Inshument. Borrower shafl pay the pr�niums required to malntain the moRga9e `. `° :.'�:
<br /> :� � , .Y. � �'.' mortgage insuranee ooverage required by Lender tapses or ceases to be in effed. Borrtwer shaD psY.the premfums�ecNired to {.,4 0�� ' _
<br /> ,:��F oblain coverage subsffintialtyl �N�a»to the martgage insuranee prevtausly in eftecl..ai a wst s�i�+�nt�y e4�tvat�t to the ; -t �.
<br /> eost to 8otmwer of the mortgage insutance prevlousty in effecR �m� ��ate m°rtqa4e °t�'�:°flAraved by Lender. It
<br /> � ` ��� ivatent mortgage insuranee coveiage is nai avatl�ebt� BoROw�sh�1!FsaY ta Lend�er es�t►rtwMt�a sum equal to . ` .`� ',
<br /> g�bstaayalty equ Y ed or ceased to
<br /> m being paid by Borta„rer when the irtsuraruce car�sage laps �1,�.--
<br /> . �. ,Y..:_;,�� ortetwelfth of the yearlyt mortgage insurance premiu hr,�r�ance. Loss reserve . .. ���_;_.
<br /> - be in eHed. Lender wDl aecept,use end c�+these payments as a loss rc�sve in Qeu af tr�tT`��riv�mi and for the pedod ''- ' •, , "��_
<br /> �-'t<„��, :.4,`? p�aymertts may no longer be re�Nired.a!the e�tion of Lender.if martgage en-..ar�mce cave�e( ..�. `:`�� `"T'-
<br /> ti
<br /> '��•`=���`�;`�,°_;•,'. tftat tender requGes)ProvIded by an insuc�a aAAroved by Lender again b�xs avaaaMe artd is aErG�rtEd Borrower sha0 VaY
<br />;.'� ,,r..� ...'.
<br /> ;�:r:;.: ,.�• '�� che premtums requSr¢d to ma3ntain mortgage frtsurance in etted.or to prrni.Qe a loss�esev� m�wl th�recNaement fot mort�9e ; ��'°-. '�..;;.�, '4
<br /> `, ` ": �surance ends in acoordance with arry w�Dr�o agreement belween Borrowm�ad Lender or ap�!'u:abPS�6�.w. ;.
<br /> - ----t.____��:��:�� 9.(�S"A8t#10n.Lender or its agent tsa�make reason�le enbtes uP�+and inspeetiar�s oi tfn�Fcagety. Lender shaD gtve ;.�. ^M i
<br /> . P�rcower nottce at the time of ar prtor to zre inspection speciSyh►9 reasanais:��a�se for the iru�'pecGete. ' .
<br /> ' � ' .. 10. COAdemrtatiOYt-The proceeds of anyr award or dalm tor da.�9es.direct or core�e�r`t�.�+CO°needon wiih enY �_:�
<br /> :� �s.:,r��" . •` �: of the PropertY• r for comeyance in Ueu ot condatrrtafia�.ere heseby assigned end , - -
<br /> aandertuiatton or ather taidng of any part °
<br /> ���� - a�:
<br /> j r S�, shaD be paW to Lender. �. �`:'L��
<br /> °�.. tn the euent ot e tota► �ing of the Property. the proceeds shaU be apPfled to the su�rR secured by this��� ;
<br /> � � _.
<br /> - exces.a pald to Borrower. In the event at a p3rtint fatdng ot the R'oPery► �7°
<br /> + :,``. InsWmen�wltethe►or rtot then due,wltt►a�► °
<br /> �`' :� Yae tair maAaet value of the Properly brnrte�'�Y betore the taWng ls equah to or great�then tRe�nount oi lhe sums secured
<br /> 3�Y ' t,, � _:
<br /> ���;�y rs" , : :�'';� ���, mts s�r ►nsu��►t �e�v � me �s. unJess Borram�r and Lsider rOWa1Y�9�9�1I0YY�I1 1PdCQ�e(�t e
<br /> '°s:.�1 s�apsred by this 3ecurity f�t°.�s�rS st:aU�e raQuaad fuyr che amourrt oi the proceeds rw�►• ..�„ �.
<br /> �' ��" . , "' :,
<br /> .€���`'�' , f� �:�dt�l amour►t ot the sums sc�,x�3 i m m e 6 a c e t y b z fi a r e Z fi s�n g.d'n r l d e d b y t b)1he fatr mariaet vatu�o ot the P[operty imme�atey/
<br /> •' _� ;.:.: '� fi wBlch�e t�r market `'�
<br /> �::`:'??.�r'�.�� > .. a!tatcl���PttQc�ty ;:'-�!`a:: ,
<br /> • �tore the tekin g.MY dalan�e sha0 be pai�tfl 8orrower.(n the eveM of o pard b���e taldng.
<br /> } • i +�1ue of the Property tmmediateN betore tl::�dng is less than the amuuM o t t he sums s e c�d t r.s m e d i a t e'+Y �� s.
<br /> , f. � ��,mess Bormwer and lender otherwlse a9ree 1n w�(11ng or unless appk�able law ottuwtse psar�des. the proc� sAall be ', ;.
<br /> �,: �: = ;-�-. 3 r�pped to the sums secured by thls Securiry Instrument whether or not trie snms are tf�du� ,
<br /> �_ ' is abandoned by 8ortower. or H.after noUce by Lender to BoROw�11�at ltua condemnor oftas trx make an ='.�- ��'
<br /> (t the PropeM1y '�.�"'%�:
<br />`� �� " � �'�� award or settie a daim for damages. Bortower faNs to respond to Leruler vuithfn 30 d3ys aP�r.tha date the noUce is given. ,•' �_
<br /> Lender is authorized to coUect end aAPh►the �oceed�.at!� op@on.eithe►�°�o�an oc�p;L' ot the PtopeKy ar to the =.
<br /> . � �'li:., .��.t:_,
<br /> sums sewred by thfs Securtry Instrument,whether or not then due. '•�`�""-
<br /> ; ' , • Untess tender and Borrower otheiwlse a�ee in wHUng. any aPPlficatlon of pmoee� tu�p�dP� shaR not extend or ..".' -�,._.
<br /> t • �
<br /> M� r':�, • posq�ona the due date ot the montAly payments reterred to in paragraphs 1 and 2 ar chartgQ ttu�emowrt of such payments• ' �TG, ;-
<br /> :y�:.�:,_,��{�.::` : :. 11. Bo�rower l�taS 6t�lsased; Fortmearance By Lendor�No4 a Wat�r.Exte+�or�of tha mno for paymem or . �;i a.
<br /> •' ' ;y:;>6�� •'��;'e . ,r�ad'ifleatton oi amortizati�.�.03 the sums secured by thts Seeurily tnstruma�t�anted b�{L e n c k a r ta en y suceessar ks fr.terest of i� �n'-- •'
<br /> � ••��r,�•�.•.._.--
<br /> � Borraw�.l��tU.r•ci cDer.���?reiease ttv�G�siUry ot the ortginal Bortower or 9orrawer'3 sueceascss in I►rteresL Len�T-��1 not -,,,�.; , .•:;._,�.�.
<br /> � t ern cr c;herwtse ��.� --
<br /> `� ' �e requi�Yo���:ce�yroceedtrtgs a3zirtst.a�Y successor In int�ast.or refusa to �d2�u:J timo for paym —,
<br /> rY'� mc�ty amorf�za'Jon ot�-�sr�s secured�r''w`sis Security tnstrumeat by raason o1 arn�demetsd maEa by the odginal Earrawer or �=-�
<br /> � � Borrower's successois i:� �c'�.st. A�y�rbearance by Lender in eu�as'r�any rigtrU a:re�r.�dy eha0 not be a v�ver ot or
<br /> � ���t`��r.. V '! .^�, T- _._.._
<br /> preclude the exerclse a4�y a;�;�i or t�r:�l. �°`
<br />�•'.:���.:,-.� ... �.;,�<s,�; 12. Sesccessmrs�nd Assig��8ound; .£��ar� :�r�ra1 Lia9st c ...�Ca•stgnera The covenant�and ;�..; ...,.,���<i
<br /> � -.f�� . agreetner�,�S`rJs Securiry Instrumcmt shaU b(nd and benefd the suc���e�►d��9rt3 0,Lero��r an0 8orrower subject to tbe -
<br /> ,� Y:'�aF!' provisions O`!I.��Dh 17. BoiroWe►'s�cenants and agreements sh�lt be Jotnt and severmf. Any Ecrrower who eo-slgns th(s •;;,� , : f.;;
<br /> ;;�•: .� g¢cudty(n�iairKrri bu��Jaas not exeeute fhe Note: (a)ls co-slgning this Seafiry Inswmet�R on[!!to rtroRpage.�ant and comey ^'.� ^ ,`-
<br /> � �F,S ' c�:at Borrovre�s inte►�G'n�.te Pr°PertY under the terms ot thts Security InsWment (b)ts m:G psrsonaIIy obUgated to pay the ,��rp �. , �
<br /> tnstrume� and(c)ear�_s that Lender and any aJrn.r 8csro'Hti may agree ta ea�d,madify. _ �,J���} '�"' s:-•
<br /> � � suma secut�d by tf►i�5��fty► , ".
<br />.T ,: � ' 4orbear ar mdr.e any a;.x"�modaUons wRh regard to the:erms o1 thls Sewrfty trtsU+unssst oe�ttl9 NC!9 W�1h6U!:l`-�HOROWM'S , ,
<br /> , • �.
<br /> � '' eonserR -
<br /> ' �g, � �a�9. N the loan secured by thls Securfty L„�rument ts subject td a lavy ,+t�ch seis maximum loan
<br /> �� •� • charges. e:C ycat law!��Cr=aUY Interpreted so that the interest or oth�r t�an charges co'dectEd or ca L•e co➢eeCed is� connecdon ' . .
<br />��' �. with the loan exceed i�t:e Geimitted Umtts,then: (a)any such loan ch�rge shati bs r�ducrsd tr�ths amourri necr�:a��to reduce :,,"���.; .
<br /> �' � . tAe charge to the pe�mi:�^d Qmix a�d lb)anY gums atrea d y eo l te c t e C *:o m B o r r a N C r w h a u t� e x c e e d e d p emiitie�Uri�.s wID be .�;��;;, ,
<br /> �• retunded to BoROwer. Lender may ehoose to make thts refund by rn.dr:ar•+�the p�tadpal a�uad urtCer the Note cr Ly matdng a ��:;.::.; : ;...�
<br />:�`. ' � . ' mrect paymert to Borrower. It a retund reduees pdncipal. the red��,alra� NfiU be hr�rad as a parti�t prepayment without arry . • _
<br /> • . , � pr¢yayment citarge under the No2e. • � ' '-`�
<br /> � 14.(�QOtiCeB.Any noUce to Bonovier provlded for in thts Security InS�ument sh+�f1 be�givEn by del'ivering it or by mailing it '� ',•,;:--.
<br /> by flrst ciass ma�untess appliaeb�e Iaw requlras use ot another melhod. The no�ca sha0 ba drected to the PropeRy Address �
<br /> ��� ' � or eny other address Barrower desigrtates by notice to Lendec My nottoe to Lendar sitnll be ghren by flrat ctass mail to ,�•;i�;i,y�: � '�
<br /> '�_. .
<br /> �� : Lender's address stated hereln or eny other aEdress Lender deslgnates by noUce to g�aaxar. Any notice provlded tor in thts •.
<br /> ��;•:, �. Security Inswment shall be deemed to hare been glven to Bortawer or Lender wheo glven es provlded In thls paragraFh.
<br /> i�+*: 15. Gov�ming L.�►vr, S0vef8b11ity. Thls Security InsUument st�ll be govemed by federaf law end the law of the
<br /> •'� jutisdtcUon in whlch the Properly Is Iocated. In the erertt that any provtslon or clause o�tEW Securty FnsWment or the Note ,
<br /> �� ', , : : co�i4�ts vi�th apppcabte taw.such confllct shell not atteet othe►provlslons ot thls Secudbf Instr�ment or the Note vfitch csn be . ., � .
<br /> ' ' gtven eftect wdhauf the eont�cting provlsion. To thls end the provlslons of ths Secudty tnstn.nr.ent and the No2e ere deGared to
<br /> ��.�: �� . be severebte. , • • •
<br />�1Yfti�^.± � . " ' ` ,
<br /> � 16.BORmwer'8 COpy. Borrower shall be glven ons contom�ed eopy of the Ncte and o1 thfs Seeutity Instrumen�
<br /> �-�' . . • .. .
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