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<br /> .ub��wnliwlly c��dvwl�nt nwny�{c In�urunce cuvcruµc ih tx►t uvulluhlc, N��r��uH-cr+Imll ,ay t��I,ciklcr cacl�month u ni�m�'quul 1��
<br /> uiK-iwcltlh nf dhc yCwrly itx�flqnyn Inrur�i�ce prcmlum t►eing�wid hy N��rrnwrr whcn t�ic lo��ur�uirc c��vrruNc Inpud nr ccu+�cd��,
<br /> he in clti�:�. Ix�xlcr wlll urrdpr,u�e wnd nr1�M tixw�puynxm�+uy u lur. rc�cr�•c iu licu ��I m��rt�ugc intiw•w�rc. I A��� ��K����(�
<br /> puynxnt�muy nu lougcr tx�t�qe�inx0,N Ilk optk►n dt(.nn�lrr, il'nzu�i�t��}tc m�nranrc.•��vcri+gc tin tl�c m�w�mt mKl li�r Ihc rxrl�al�
<br /> thut I.ciidcr requlrca)pruvldcd I�y un hi�urcr uppnwcd hy I.endcr ugn{n Nr��►mc�nvullabl�nn�l iti�►hmincd. Norrnwar►hull puy
<br /> the premi�nn�rcyuli�ed�a nmhituln mong+ige h»urmice in effeci,��r w pro��fdc u lu„rc+crvc,innU the rcquircment fur murlgi�g�
<br /> in+urunrc cixl�in uccurdunce wilh uny wr{urn ugrccmcnt hctwccn Hurruwcr und I�:n�lcr nr ,ipplir��lilc luw,
<br /> 9. InxpecUon� l.cixlcr or It�;agcnt nmy muk� rcntionnblc entric+ u�Hm +u�d fn,{xcifnn,nt'tltc Pr���rry. I.�:ndcr,hnll glv
<br /> Harmwcr nodcc nt thc timc c►f or prlm•to un inspcction ypccffying rcnsoiuiblc rnuu:f��r ihc inspccti�m.
<br /> 10. Candemnwdon. 'The prcxeeds of any uward ��r clniin tor dunwges, direct ur cunscquentinl, in conncctinn with nn
<br /> condenmutlon or othcr tuking of uny pnrt of thc Propcny,or f��r convcynncc fn licu of condCmnntirni. �uc hcrchy ussignttl un N
<br /> shull bc paid t�I.cnJcr.
<br /> In the event of n tatul tuking of the Prnpeny,the pr�x�tidr shull be upplied to�he sums secured by this 5ecurity lnstrument,
<br /> whether or not then due, with any excess paid to B�rrawer. In the event of ci pnrtiul tnking of the Property in wh�ch the fuir
<br /> mnrkct value of thc Property immcdiatcly bcfore thc tuking is equul to or grcuter thun the nmuunt of the sums �ccured by this
<br /> Security Instrument immediately b�fare the taking, unless Borrower nnd I..ender olherwisc ugrec iro writing,the sums secured hy
<br /> this Security Instrument shall be t�txiuced by the amount of the proceeds multiplied hy the following fraction: (�a) the totul
<br /> amount of the sums secured imn�ecliately before thc taking, divided by(b) thc fair marA+et value of tlhe Property immediatcly
<br /> before the taking. Any bala�xe shall be paid to Rorrower. In the event af a partiul taking of tt:e Property m which the fa�r
<br /> market value of the Property immediately betare the taking is less than the amount of the sums secu�ed immediately before the
<br /> taking, IA�lIC55 BOROWC�i1TNI I.ender otherwise ag�ee in writing or unless applicable law otherwise pravides, the proceecis shall
<br />. �c app!ied ta the sums secared hy this Securit}�Instrument wl�ethcr or not the sums nre then d�ee:.
<br /> If the Property is abnndoneci by If+�e-ro�ver,or if,after notice by Lender to Borrawer th�r,r,�;g conciemnor u(fera iu uiaic�a�l
<br /> awurd or settle u clairra for damages, �3urrower fails to respcmd ro C.eixier within 30 days .l��cr the date the notir.e is given,
<br /> Lencler is authorized u�collect and apply the procceds,►�t its option,eithcr to restnration or repair of thc Property or to thc sun�s
<br /> secured by this Security lnstrument,whether or not then due.
<br /> Un1e:; L.ender and Borrower ��therwise agree in writing, �r,�y application of procee�;; �o principal shall nat extend or
<br /> postpone the due date of the monthly payments referred to in parugraphs l and 2 or change the amount of such paymenis.
<br /> 11.Borrower Not Rele�►sed;ForbeArancc�3;v i.ender Not n Waiver. Extcnsion of the time for payment or modi�;�.ieation
<br /> of amonization of the sums secured by this Secur����.Instrument�ranted by Lend�r to any successor in interest nf Borrow�;x shall
<br /> not operate to release tlhe liability of the original 9orrower or Borrawer's successors in interest. I.endcr si+u'.9�wt be requlred to
<br /> commence pra;eeclings:i,ainst any suceessor in interest ar refusa to extend time for payrnent or othen�ise modify amortizat'ran
<br /> of the sums secured by this Secunty It�strument by reason a.� any demand made by the ori6inal Borre�wer or Bc�rcower's
<br /> successors in interest. Any forbearanc� by I-eader in axercisi��� any right or remedy shall not be a�vniver of or preclude the
<br /> exercise of any right or remedy.
<br /> 12, g�cce�ssnrs ant1 rSsaign�t �3�►und; Jolnt and Several Liablllty; Co•signers. The covenants and agrecments of this
<br /> Security Instriiment shall b3nd nnd t�enefit the suzcessors :und as�igns of Lender and Borrow�r,�u'�jer� ro the provisions of
<br /> parngrnph 17. Poncw�r'q coventnits and agreements shall be joint and several. Any Barrmw�r w3�o arsigns this Socurity
<br /> Instrun��n'.biit dae� not sxecute t�c ;�ote: (u) is co-scgning rttais.Seiurity Instrumen conlp mr mo�l'1g�'�a�and rn�bvey that
<br /> $pITOWC�'�;interest 1n tne!'ropcny undcr tiic te�u�,o� 2i�i5.��..,,,�y .n�ililAl£S![: (�J� �-!'_�-_r- . pAY dh�;Sll(I7S
<br /> securc,d by this Security Instcumenr and(c)agras th�t Lender und uny other Rorrower mav a�rc�tn c<tend,.modify,furbenr or
<br /> make any accommodations with regard to the terms of this Security Instrument or the Note without ttia���rrnwer's consent.
<br /> 13.I.oan ChArges.If the loan securcd by this Securiry instrument is subject to a laN u•hich sets n��:�cimum toen chuges,
<br /> und that luw is finally interpreted so that the interest or other loan charges collccted or tc'�e collected in connection with the
<br /> loun exceed the permittod limas, then: (u)any such loan charge shall be roduced by the amount.necessary to reduce the charge
<br /> to the pern►ittai limit: ancl(b)any sums alreudy collected from Bonower wl�ich exceeded pennitted limrts will be refunded to
<br /> Bnrrower. Lender may cliocise to make this refuixl by reducing the principal owed ui�der the Note or by making a dirc��t
<br /> payment to Horrower. If a refunci raiuces principal, the reduction w�ll t►� troated as u partial prepayment without any
<br /> prcpaymcnt charge under�he Note.
<br /> 14.Nutk�.Any notice to Borrower providecl for in this Security lnstrument shall be given by delivcring it or by nu►ilin�
<br /> it by fir�t cfass mail unlcss upplicable law requires use of another method. The ix�tice shall be directed ni the Property Address
<br /> or uny other acidress &irrower designutes by notice tu Le►►cier. Any notice tu Lender shall Ix given by fi�st elass mail to
<br /> L,ender'�uddrcss statal hercin or any other address I..e�xlcr dcsignates by notice to Borrower. Any notice�rovidod for in thic
<br /> Securfty Instrumcnt shull be danxxl to iiave bcen glvcn to Bnrcower or L,cndcr whon given us pravldod in this prragroph•
<br /> 15.Govern(ng Law; Severwblllty. This 5ccurity Instrun�ent shall tx' govemed by federnl law und the law of the
<br /> jurisdictian in whfch thc Property is la:atad. !n thc evcnt thut any provision or clause of this Saurity Insuumrnt or the Nde
<br /> conflicts with applicnble luw,such conflict shnll not affixt other provisions of thls Saurity Instn►nxnt or tlie Note whlch can bo
<br /> given effa:t without tlk contlicting provisfon.Ta this cnd the provisions of this Security Instrument nnd the Note are da:lnred
<br /> to be severable.
<br /> 16.Borrower's Copy.Borrower shall be given one confornkd copy of the Note and of this Socurity Instrument.
<br /> 17.Tra�er oi the Property or a Bentticisl Interest In Borrower.lf all or any part of the Property or any interest in it
<br /> is soLd or tr�nsfecn�d(or if u bcneficiul interest in&►rrowcr is sold or tracuferred ai�d Borrowcr is not a natursl persan)without
<br /> [,encki s prior writtcn consent, Lender may, at its option, require in�iate payment in full of ull sums socurod by thls
<br /> Securiry Instrument. However,this option shall not be exerc:ised by lxnder if exerciu�s prohibital by federal law as of the date
<br /> of this 5ecurity Instrument.
<br /> [f Lendcr cxcrciscs this option,Lender shal�give Horrow�er iwtic�of xazleradon. The notia shall provide a period of not
<br /> less thnn 30 days from the date the notiee is de[ivered or m:►iled within w•hich I�orrc�wer must pay all sunu securoci by thls
<br /> Security lnstrument. If Borrow•er Eails to pay thrse sums preor to the eapiraiim;�of t�i5.�riod,L.ender may invoke a�y remedles
<br /> permittcd by this Security Instrument without further notice or dertiand o+i gcnrcuw'er•
<br /> l8, Borrow•er's Isight ta Reinstate. If Borrowor merts oertain corn3iti�aa. Sorrc�wer shall have the right to ttave
<br /> enforctment of thie Stixurity Instrontent d'csc�r.tinued at any timc �rior tt� t�2e earlier of: (a) 5 days (or such other period u
<br /> applicable Isw n�ay snecify for rci7state�nenc? t7efore sale of the Prup�er.c� ��rsuant ta any power of snle wntai�x.`d in this
<br /> Security Instrument:or(b)entry of n judgmenl mnforcing this Security Instn.:mcnt.Those corxlitions are thut Borrower:(a)p�ys
<br /> Le�xler ull sums which then would bc due urtder this Security Instrument anci the Note as if no accelerstion f�ad occun,ed; (b)
<br /> cures any def;�ult of ar�y othcr covenants or agn�cnxnts; (c) psys all cxpcns�:s inwrred in cnforein�this Sccurity Instrument.
<br /> including, but not limited to, reawnable attorncys•' fees; ac►c1 (d)takes such uction ns C.ender may reasorwbly require to ussure
<br /> that the licn oF this S�xu�ity instrumcnt.L.erxlcr's rights in thc f'roFcrty and Borrower's obligatinn to pay the sunts sccut�ed by
<br /> this Security Instrument sh:�1 cuntinue unchanged. Upon reinstatement by Borcower. tliis Security Instrunxnt end the
<br /> obli¢ntions securecl hercby shall renmin fuliy effective as if no xe�leration had�xcurrc�. Huwever, this right to reinstate slull
<br />— not apply in thc casc of accelcrat�on unacr paragrapn ;'r. -
<br /> 19. 5wle of Note; Ch�r�e of Loan Servicer. Tlv. Note or a partial intereu in the Note (togethcr with this Security.'
<br /> Instrument)nwy bc sold onc or rr.5cmu tinxs without prior i�icc to Borrower. A sala rn.Ly result in a change in the cntity(known �
<br /> �s the"Loan S�rvicer")that cO�E�x+:�li'-aonthly payments due under the Note acui tl�is Se:�uity Instrument. There also n�ay be one ..
<br /> or nwre changes of the Loan Sec��ircr un��od to a salc of the�loce.Cf t1�c�•�is a u►w,'��of thc Loan Servicct,Borrowcr will be, .�
<br /> gi�e�written notice uf the change in�cco�xn.�with para3raph 1�:�l����ar�3.W►t�lic:��e law.The rxriia:wiU state the�ume and
<br /> ;rl�d:�Lys of thc new Lroan Serve�:r�nd the :►cldress to w1�i�:h puyments.7hcY�v;i t�� main.The notice will ,ilso rnntain any otherw.•,,
<br /> ii�fo�nation rcyuircd by ap�tlicabf4 fsw.
<br /> 2d. H�zardous 5u6���. [�orrower shall aut raus�: c•s pern�it the prcsence. use, disposal, storage, ar release of my
<br />�— Harudous 5ubstances on or in u�e Pro�ercY• &�rr�����r s�iall n�K do. ►x�r allow anyone clsc to do, unything affcti:ting the
<br /> Pura�c un1ithc Pro`rtlaof smulln u;intd��of Ciaw►ti��us Stub sancc 1t at�c gc xrally nc�cognizalPoybc appropr�t ct nornnl
<br /> i�;aidentinl uscs a��maint�n���e of thc Property,
<br /> oa�,�o�4 Form 3028 9190
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