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<br /> 7. Prcte�tion ot Lend�e's pt�R�f$in 4?ee P��erYy. rt eaRO�x �as m vertorm ma eovenanes ana s�rearna��s c:_ . — . .--._--
<br /> .. • . i � conffiined tn th(s 8eeurRY Instrnrnen;or NQrs Is a k�st Droceadtng ihat may siBnPfi�a4ntry aftect Lendefs dgAts§�Ne ProO�ll(sucA as ;
<br /> . • � a proceadFng in bankrnptey.probeie,for cond3nmattan or tor[�ttius ot to�snfar+se i�+�or regula8ons�than Lender rt�y do end pay Por '
<br /> w�ate+rer Is ner�ssery to Proteet fhe value of tho ProPertY end 1&ndsfa r�Ma lti.the ProA�Y• lenQ�s aeUonb may(ncAads RayinB -
<br /> ` any sums secured bY e 1f� wAich hes pr�r@y over tAis S�urIIY InsGUm�ePPa3tn�In court.PaY�9�895onebiB ettomsy's tses end �
<br /> S enter(n8 on the PropeRy to make repaUs. A�hough Lendrtr may teke Octlast+�ndw t11ts paraBr�Wh 7,Lender daes not hav9 to do so.
<br /> . p qrty ernounts dtsbursed by Lender unefer t�ta D�h 7 sha8 beeama aIIQidonal ds6t of 9ortawer SBCUred by this SBCUrRy g , r
<br /> Instrument Unfass Borrower and I.ender a�ce to ott;er tertn� of paym�� these amounts sheA bear �ntarest from tRe date of �
<br /> • disbursement at tAe Note rate end Shatl be payaEi�,w�h bD�rest,upon notipa Gant,Lendet to Bortower�equesta�8 DaY�� �
<br /> 8. tM10Tt$IIg0 IlfSit(8iEC6. H LenQer re�rUed moRge�e iisurenct► as a cond3ton s! maktr�9 the ban sewred Oy thts � _ .
<br /> . • Secur3y �nshurnent� Borrovrer shail pay the pr�nh�ms �tred to ma�r►tah tho mprtgage �nsurance in eftect. If. for any reeson. Ne � .
<br /> . mor�msurance coverage req�►ired DY Lender►ePses or eesses to be tn sKaei.Burtowsr sAaO PaY the premiums req�+fred to obtain .
<br /> . `' ` eavs�ags s�eII}► eq�ia�sni to ths maRgaga inswance previously 1n eftpt.�.at a cost substenUallY eQulvalent to the cost W i�+ - - - -
<br /> , . Botrowmr of ths moRgage fnsurei►ce prcviousy in eftect. from an eRomata martBRBa tnsurer aAAroved by Lender. {f substent[aLy � .
<br /> equtvaient mortgage tnsurance cwerega Is not 8vefabfe.Borrowar sha9 pay to�entEer each month a sum equal to onaNvelfth of the
<br /> � yeary moRgag�insurance premTum be�n9 Pakf by Bortower vrhen t0e oisuranca coe�BB�ePsed or ceased to 6e fn eRect I.endsr w�t
<br /> . 3 et�ep� use and�etan these Oayments as a toss rese�ve fn(i�u of mcriga�e iRS�+taace. Loss ra4enre PaYmerns maY no tongar be .
<br /> ;' � reQ�+�ed at the option ot Lender,g moRgage tnsurartce cavaraga lin the amntr�t.lnd far the perWd that Lender requtres)Provi6ad bY . `
<br /> , � an i►ssuer eAProvad by Lendar ag�he.tr�omes svaitaDta and ls obtahad. Boaower shaU pay the Premiums req�+ked to mainffiin ;
<br /> mort�gs fnsnranca tn eifect. or to pzxvtda a toss�. unt�ths�t �nr martgaga insurance ends in acca►dence with a�►1►
<br /> � ' '�i vvn1t80 BQteemetlt beiween BOrtOVr�e.^i�LBrldet Ot eppIIC8bf919w. .-.. - .
<br /> � - `� 9. inspectlon. Lender or BS agent maY make reesanaR6'��ies uAot+ H�d inspecttons of the Fr,�'y. Lea3er sha0 gNe
<br />- ; Bortower noUce at the tlme of ar prior to en fnspsc��5pecityh�r�anet�lo caut►a•tnr the trispecUon. .
<br /> :! 1A. Condem�ation. ms�.�aeeas of �y awara or d�r for dm�na3as; d§ect or consequer�5 �r. cannectica- w9h any ` : ,
<br /> . , candsmnation or oN�tekhg o!anp�t o!the Property.or tar ea�►�y�►cs a►lyu of coadmmnefma,ete he�eby esstgned�-�sha0 be f . . -
<br /> . , . petd to Lender. f. . c �
<br /> , In tfie event of e totat taki�g o}trte Prope+ty. �.ke praeeeCs st�SE f�n appG�d to tho sums seeured by thts Securdy im.�rumen� ; . � .
<br /> . whether or nat tAen dua.wIIA any�acess pafd W La:�wes. t�7fis aveni a!s pAt�a!ffik§�g of the Ptap�tg ar v�hich tAe tair martcet ; ,
<br /> , , . vatuA ot tNe PiropeRy fmmediateH before ttre mkf:S is eqc�sl ta or gteatar th�r��lhe ernount of the sums et-�aasd bY tbls Secur�t �5
<br /> . tnsCUment dninedlatetY betoce the fek6�g. uniess Borrower end is-�ar othenvfse a8� in wr8�9. fhe sums secured bY this Securt�l � . , --�.:'�::d,�-,.
<br /> tnstrument shail be reduced by the amount of Me Pr�ds rtn:f�Qed by ihe talfowing hacUam (a) the to?ai amount c�4ts�sums E : .";�: :::•:-
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<br /> � SeCUred bnmedietBty before the fekNg, Eivtded bY Ib)tAA t8ir mil�ltd!veA+3 ot'itO:ProD�ll �nmedietBN before th0 tek�g. �iy f7s�ertCB ` .�:'r•;:.'�'::�..
<br /> sh80 be paid to Borrowe� tn th9 e+rent of a partl9l ffikUtg of the�ropetiy In wAk?►Ne f8tr market vadie at�ta Prop�iy fi-c.'.ediatety f . ;',_�};.:._,-
<br /> - . . bafare the tetc�tg is tess than the amaurrt of the sumts secuied 'mm�dtately 46!ae the taking, untess Bocr¢ec�s an�Ler+d�r crthhenxiss _. :..,.�::.�:
<br /> egree tn wr3htg or untess applfcebfe �aw othervutse provtd�s, the proc�ads sRa� be epplted to the sutr.s so�.~ed bY �s Securfty ``<<' . ..�"•
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<br /> . tnstrument whether or not tAe sums ere then due. . �.�'::��.%;<�;-
<br /> . � It Me Property ts absndoned by Borrower,or H,aPoer not�e by lendet to B+inCwer that tha eondemnor otfera to malce�r award ot 's ;��•��i�.�.
<br /> - settie e cia(m tor damages.8orrov�er fails to respvnd to lsnder wRhh 30 days+�r the Qate the notice ts ghr�,lender ts auGtodaed �"�;'jY;fa!;.'"
<br />- W coQect en6 apDy tna proceeds.at ib opuan.ti�'�or!o r85toratiDtt Or tep9i�of�3sa PuopBrty o►to the sums Jeaired by Mis 38CUrdy •-- -
<br /> . . Instrumant,wh6ther ot not then du9. � ' "�'�
<br /> -`F.;
<br /> ' UnFass tsnder end Borrowet otherwiss agreo in varatng. enY aDA�Uam at proceads to principal sha0 not_r-.�end or postporte the ��,-:�,
<br /> . due date of tAe monlhSy paymBnts�eierte0 to(n per8grophs 18nd 2 or ehnnp9 th9 amount of such payments. .. ,�,:��`'
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<br /> _ ' , 11. BOf�OWOP R10t 0;01�p82d:FO�bPAfE1Y1C@�I l.CtLQ�EP 8169 6 W8l�V2T. E�Rensbn of the th�e ior paymer�t or � -•?'�—.:.ki===
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<br /> � mad'rfkat[on of emortiffitlon of the suma seeured by this Securd�t tnstrumor+t lpantad by LsnQer to any succesca�r in fnferest ot Barawar . . ::�;.;`�;`-s`'
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<br /> ;`• shaU nat operate to rBieBSe tAe Itebi@yl Of th8 Otigina)9ortOwer Or BOrroiv�L sv0eessors tn tnteres� Lendr��a0 not ba required to � ;��,'�.-;=
<br /> .. commence prcceedings agatnst any suceessor tn fiterest or retus�to�ctsnd tln�n tor payment or otherwi��r amoRimtton ot the , '�:��c�f�;;"
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<br /> � sums seeured by this Securfty Instrumant by reason of any Qmnend mn4s by:the ortgU�at 8orrowsr or C-c:zcwefs successors tn � . ,.i�,:; �;"�
<br /> � • � interesi Arsy tasb�tsacs G�r lender m e�mrotsng eny r1IIht or rem :`�ry,�:�frr.;
<br /> ody sha4 not be a waiver oi or precNde ttte e�ise of eny rtght or :•;���.�:j.,�i:•.<:_.,.
<br /> � (ertledY� .S{St,�' f.;�
<br /> � , .. 12. Suc�es,a�QO 8nd A�$Qttt Bound; Jofnt artd Sevrxai LisCai�tqy;Co-slgaera �rto eo�ranan�a end ' � `�_
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<br /> agteements of thls S's+tsr.dy lnstrument sha0 bad and benefrt tho suoCessC►t�oird essigns of Lender end 6ore�w6t. subjeCt to the ;` ;, ;. : :�;;;'_
<br /> • pravls7ans ot peragrepb 17.Bortowers covonenta end egrocaments sha9 be joM and severBL My Borrower wha casign9 thi9 S�curRy . ..,;'t�_
<br /> tnsbu�sst but eoes not ett�ute tere Noto: (a) ts co-signhe tAti Secuti�r InsWment ony to mortga�. gra►M, ena oa�rer c�at � ,- �. :� �r:
<br /> � Bortea�'s hterest fi the Praperty under the terma ot tfib SoeurFly trttirumanp(h)�not peraoneDy obi�ete0 to paY the sa:.s secured �. . . . ;`""" '
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<br /> . by th's Sewrity fnstrumant; an0 (a)agrees tAat Lendet and enY athov Bomowcar may agroo to �Rert0. modr�,.ta�Demr vr meks eny ., .,;;�
<br /> . ,� accammaQattons wRh rsgsrd Lo tertns of th�Searrity lnatrum�!at tho NoW wi�.?but that Bortowers consent ;�:_
<br /> � 93. 1.oe� Ch�get3. It me ban secured bY �� �r1ty fnsbummt;s sub�aot to a mw wtitaA se�m�rt:um roan charges, •., s,`
<br /> ' �j a�d that taw ts f(nalry tnterproted so t�at the�terost or other ta3n ehacg03 coYaetad m to de eo¢acted h cormeeNan vNrA the ban -� � �
<br /> `� � ' e�oceed the perm�ted Qm�s, them, (a)any such toen chergos sha7 be re0uaad by•tho amovnt rto�asseryr to resluce the cha^IIe to the . .
<br /> � '' perm�ted lim� end(b)arry sums aVOady co0acted trom Borrovrer vlhieh exaaeded perm�ted l�rJ:s wN be retundad to Borrower. Lender . .
<br /> � � � may choose to me�co thLS refund by reducinp trm Gc7nafpal owsd undee tho lVat�i or by making a EUect p�.Y+�aent to 8orrower. I}a , .: .
<br /> , �• retund reduces princ�af,the reQuCUon w0 be tErt�Q gs a paRlnl propa•/�►6nt�r�.h.aLR any prepayment chargs�?IIer the Note. , :
<br /> ' ��';%�•- 14. NOt1�f8. My nottCe t0 BOtrower p�0 Por tn th�i 58CUrRy Insriv:r.�ent SheU 68 gtuen by de�ret6ig b Or by rtu�lOng U by , •
<br /> Nrst ctass ma0 un►ass app�cabta Iaw requtres ase of enothcx mcAfrod. Thp notfce shaD ba dtrecte0 to the Propsrry Addroos or any .
<br /> � oiher ad�ress 8ortower designat�by notice to Lor:6er.My nccko ro Lendar shell bd ghren Dy fir�st c�ss maH to Lendsr's addross �' . .
<br /> � sUtted Aerein or any other address Lender Qestgl�r,z�es by noUCe fo Borm�ver. 11rry notiee pravt480 for fi t�as Seeurftyr tnstrument shaU . ,
<br /> �.., . . be daemed to hsva C�s+qM�to Bo�rower or t.esrdr3 when ghren as Drovi�e0 t+thb para9raPh. .. , ,
<br /> . . � 1b. Goverot�L,av�r; Severablidty. TRis SBCUt�ty fnStNmGnt 8hC.7 b0 gOVBmOd by teder8l !3w end tho 18w o! ihe c� , • .
<br /> � � Jurisdietton tr�whkA the PropeRy is ceeeted- In tha sv�t that e.ry prov(slon oT clause of this 5�euriqr t�strument or the Note canf�tto ,
<br /> • wkh app6cebla (aw, sucb conflict shaU not a(fect othsr Drovisian5 0}fhk� Seeuriry (nahumortt or the Note which ean bo gM►n oftoet .
<br /> � v�Rhout the conl�cthg provision. To this ertd the provislans o}th(s SecurBy�n2trurn�nt end the Noie are declared to be sev¢rebb. ,
<br /> 16. BOlrOW@P'O COpy. Borrourer aha0 ba given one contomac0 co�y ot the Note and of this Saeur�ly Insoument � ' .
<br /> . 17. Trann4er o!the Propeaty or p Benoflcit�l In4�rerit tn 8�aavovaeG If ell OT etty pstt of th0 Property ot eny � .• . �
<br /> � � � i httxss! �n R�s soy a tr�nsf�red(or 8 a berteflc4zl interest h Borrower�S sot�or trensterted and Borrower is not a natural person) ,,•;- • ' ,
<br /> ;; . � without Lendafa pdor wfdton consent.Lender may,et ks opUon,requtrm trnmeEiaig payment t►tuD of�ill sums secured Dy thb S�urity ��`��' ''' •'
<br /> Usbumsn�However,this option sha0 not Ea mcErcised by Len6ar i1 exersi3o is pron�Rgd by feQaral law as of the date of this Securiry �
<br /> .t�_ • -
<br /> ; tnsbumant
<br /> _�,�� • � H Lender e�cerctsas tAts opUnn,Lmider shM gke Borrower notice o1 aecobmtton.T►�e notice sha0 pravido a pmrlad of not 19ss than
<br /> ''� ; 30 Qays trom the dato the noticA is delMered or ma(Is0 w8htn which tha Borrower must pay aA sums secured by thb Seeur�ly
<br /> _ �I InsVument If Borrower fa,Ts to pay the5e sums prior to tho e�iation of th;�perio0,Lender may invoke any remadl9s perm�tad by this
<br /> � � ' 1 Securiry fnsuument w�hout fuMm notice or dernand an Borrovrer. Form aoza oroo '
<br /> .. � Ft029.LM0(?!88) Pap�9 01 S
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