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<br /> �ubstunUull c�j uivu aMuA1' u 4 IP►urutkc raveruuc I.nnt uvulluble:,N��rrowcr tiliull �riy h�I.rndcr c:irh mun�h n yum cqu�l lu
<br /> one-twclfth ol'!hc x�i)y i�k►n�W,�c m�•uruiwc prcmium I+clriN p�dd bv IH�rruwcr wN�n�re inwruac ruocraµc lu�i,rd nr rr�iud�u
<br /> he in cff'cct. l.c�xfcr will urrcpt, uxurv!rct�in�hc�c payn�cnty:�+n lu„ r�,rrvr lu liru uf m��rtpu};c intiur�uic��. l.u.. r�,civc
<br /> paymcnts may nu lungcr tx rc�{u���vl, u�thc u��tion�N'I.endcr, ji�uk�rlµ��Kr lieri�rnii�:c r�ivcr�iyc lin ihc uuioum u►NI fur�h��xrf�xl
<br /> tl�at l.en�lcr rcqidre�,)pr�ivi�icil I�yau in.rurcr upprin�cd hy I.�n�lcr upuin Ikrunx+++b+�iluhlr+md 1+ul�luhic�l. Nurraµcr tih,dl pay ' • �
<br /> thc premiµms rcyuircd te►muintue nnu�rtgu�*c insuruncc m cUcrt,rr tu p���►vldc u lu,s rr�crvc,nnul ih��r�:�µiirci�:c�il fnr inurlE4ngc "�
<br /> insurancc ends ii uccurduncr witl��ny wrrtten ugrecntcnt betwcen I�+►rruwer tind L�nil�x ur npplicahlr Inw.
<br /> 9. 1nnNect�on, l.cudcr ar it+a�ent nury makc rcasu�iublc cntrics uFx,n :md in+�xctium��f thc Pr���k��y. Lcndcr +hull givcM
<br /> Borrowcr`ioticc at thc timr.of or pri�tir to an inspcction s{x:cifying rca,uunblc cuusc iirr thc in��ction.
<br /> 10. Condenms►Non� Thc prncccds of'uny nwurd nr rin�m for damaEcti, dircct or rumcNucntiul, in cunncctiun with any0
<br /> condemnution or uther taking of uny p,irt of the Praperty. ur fix convcy�mce in li�u af candemnatiUn, are hrreby ussign�Yl un�
<br /> sh,tll bc pa'td t�1.cnder.
<br /> In the event nf�totul takin�af t he Property, the pr�xecdti shaf I he upplicd to the sums�ecured by this Securiry Instrument
<br /> whether ar nat then due, with uny exccss paId to Borcowcr. In the cvent of u partial taking of Ihe Pro�ny in which tfte fair�
<br /> murket value of the Propeny imnxdiately beforc the tuking is cyuul to or grcater than [he amount of the sums sccured by this
<br /> Security Instrument immedixtely Ixfore the taking, unVess&�rrower usd Lender otherwise ugrce in writing,thc�ums secured by
<br /> this Security Instrument shull be reduced by the amount of the proceeds ntultiplicxl by the following fraction; (u) the totul
<br /> amount of the sums secured imrncdiatcly hefarc the u►kin�,divided by (b) the fair market value nf the Property immcdiutely
<br /> beforc the taking. Any halancc sh�lt be paid to Bnrzower. In ihe event of a partial taking of[he Property in which the faic
<br /> market value of the Prapeny inuixdidtely beti�re the taking is less than thc amount of the sums sccured immediatcly befarc thc
<br /> taking, unless Borrrnver and Lender otherwise agree in writing or unless npplicable law otherwise provides, the prc>ceeds shall
<br /> be applied to the sums secured ba+this Security Instrumcnt whethcr or not the sums are[hen due.
<br /> If the Property is abandan�d by Bc�rrower,or if,after notice by[.�:nder ta Borrower that the rondemnor offers to makc an
<br /> uward or settle a clsim for damugcs. Bc�rmwer fuilti to respond to l.endcr within 30 days after the dute the natice is given,
<br /> Lender is authorizecl to collect and apply the proceeds,at its option. either tn resto��tian or repair of the Property or to the sums
<br /> scrured by this Security Instrumc�nt,whether or not then due.
<br /> Unlcss l.ender artd Sorro��+er other�vise agree in writing,�iny applicatinn of proceeds to principal shnit not extend �r
<br /> postpone the due date of tlie monthlq payments referred tu in paragraphs 1 nnd 2 or changc the amount of such payments.
<br /> 11. &►rrower Not Released;FarbearAnce By I.e�der Not a Waiver. Extension of the time for payment or modification
<br /> of umonizadun of the sums securedb��this Security Instrument granted by l.ender to any succetisor in{nteretit of Bonower shnll
<br /> not oper3te to release thc liability nf tBe oriainal Borrowcr or Borrowcr's successors in interest. Lender shaU nut be required to
<br /> cammence proceedings against anr successor in interest or refuse t��extend time for payment or otherwise malify amonizAtion
<br /> of the sums secured by this S�curity Instrument by reason af any dcmand madc by the original Borrower or Borrower's
<br /> successors in interest. Any forbearence by Lender in exercising any right or remedy sliall not be a waiver of or preclude the
<br /> exercise of uny right or remedy.
<br /> 12. S�focessors and Assi�ns liuund; Jutnt and Several Li�bility; C�-signers. Thc covenante and u�rcements of this
<br /> Security (nstrument shall bind and benefit the successors and acsigns of Le.nder and Bormwer, subject to the provisions of
<br /> paragraph 17. Borrower's covenantti and agreements shall be joint und several. Any Bomower who co-signs thls Sec:urity
<br /> Instrument bu[dc�s not cxecute �he Note: (a) is co-signing this 5ecurity Instrument only to martgagc, gmnt and cc►nvey th�t
<br /> ut7iT8iii:i�S {iitL'T�S2 iR 2;;t°iJFCSlj SST�C!5�1�S£SSIlS�t r�.g Cn��rit�lnc�s+lmPnf;(hl ic n�t�er��naliy oblieated ao Quy the sums
<br /> secured by this Security lnsttumem;and(c)ugrees that L,eiider anct any other Bonowcr may agree tn eatorid,mcxiify.forbear or
<br /> make any accommalations with regard to the terms of this Sec:urity Instntment or the Note without that Borrower's consent.
<br /> 13. Lo�n ChArges.If the laan securod by this Securiry [nstrvment is subject to a law which sew maximum loan charges,
<br /> arid that law is finalfy interpretedso that the interest or other Inan charges collccted or to ba collected in connection with the
<br /> loan exceod the permitted litnits..ihen:(a)any such loan charge shall bo reduced by the amount necessary to roduce the charge
<br /> to the pern�itted limir, and(b)uny sums alcrady collected frorn Bc�rcower wh[ch exceeded permitted limits wil! be rcfunded to
<br /> Bormwer. I.ender may choose io make this refund by reducing the p�rincipal owod under tbe Nate ur by making a diract
<br /> pay►nGnt to Barmwer. (f u r�fund reciuces principal, thc reduction will be trcatal os u partial prcpaymcnt without any
<br /> prepuyn�ent charge under the Note.
<br /> 14.Notlera. Any notice to eorrower pmvidai far in this Secnrity Instrument shall be given by delivering it or by mafling
<br /> lt by frst class mail unless upplic�ble law reyuirer use of a►x�tlur nxthcxi.The notice shall be dirccted to the Property Addrcss
<br /> ur �ny other �idress Borrower dtsignates by notice to l.ender. Any notice tn Lender shull be given by �[:st class mail to
<br /> Lender's address statal herein or�ny other addrcss Lerxler dcsignatec; by notice to Borrower. Any rwtice pn�vided for in thiy
<br /> Security Instrument shall be decrnal to havc boen given to Borrower or L.ender when given as pmvided in this parngraph.
<br /> 13.Governittg I.nw; Se�enbll(ty. This Security Instrument �hull be govcmed by feJctal luw and the law of the
<br /> jurisdiction in which the Property is locatod. In the event thnt ony pmvision or clause of this Socurity Instnrment or thc Note
<br /> contlicts with applicable Inw,suchconflict shall not ufiect otherprovisions of this Securlty Inatrument or the Note which can be
<br /> given effect without the conflict ing provision. To this end the provisions af this Security Instrument end the Note are declarod
<br /> to be sev�rable.
<br /> 16.Borrower's Copy.Borrow�..r shall bc given one cvnfc�mKd mpy of the Note and of this 5ecurity Instrument.
<br /> 17.Trxnsfer o[the Prop�nf or a Beneticlal Interest in Borrower.If sll or any part of the 1'roperty or any interest in it
<br /> is sold or transferrcxl(or if a beneficGal interest in Bonowcr is sold or transfcrred and Borrower is not a nutural person)without
<br /> Lender's prior written consent., 4ender may. at its option, rcquire immediate payment in full of all sums secured by this
<br /> Security Instrument.HoK•ever,tliis�ption shall not be exercised by Lender if exercise ts prohlbited by federal luw as of the dute
<br /> of this Security[nstmment.
<br /> If Lender exercises this option, [.ender shull give Bnrrawer notice of ucceleration.The notice shall provide a period of not
<br /> less than 30 days from the date the notice is delivered or mailod within which Borrower must pay al� sums secured by this
<br /> Socurity Inst�ument.If Borrower(ails to pay these sums prior to thc expiretion of this period, I.endcr may invokc ar►y romulies
<br /> permittal by this Security Inshumcnt without furthcr notice or demand on Borrower.
<br /> Ig. Bonrnwer's Rigfit to Reinstute. if Borrower meets certain conditions, Borrower shall have the right to Iwve
<br /> enforcement of this Security InstNrrxnt discontinual at any time prior to the earlier of: (a) 5 days(or�uch othcr�xriod as
<br /> applic:ible law may specify for reinstatement) before sale of thc Property pursuant ro any po�ver of sale contained in this
<br /> Security Instrument;or(b)entry of a judgment enforcing this Security Instrument.Those conditions:ue that Borrower:(a)pays
<br /> Le:nder all surns which then would be due under this Security 6�serument nnd the Note as if na aceeleration hrxi occurnd; (b)
<br /> cures any default of any other corenants or agceements; (c) pays all expenses incurred in enfotcing this Securtty Instrument.
<br /> including, but not lim'itai to,r�asonable attorncys' fi:es; nnd (d)takes such uction as I.ender may rcasonably reyuire to assure
<br /> that the lien of this 5ecurity InstNment, Lendcr's rights in the Property and 6orrower's obligation to pay the sums securai by
<br /> this Security lnstrument shall rontinue unchangal. Upon reinstntement by Borrower, this Security Instniment and the
<br /> obligations securcxi hereby shal! reinain fully effcctivc as if no a;celeration had occurred. However. this rlght to reinstate shall
<br /> not appty in tne case or accciera�ion under paragrupn i i.
<br /> 19. Sale of Note; ChAnge of Laan 5ervicer. Tl�r Note or u purtinl incerest in the Note (together with this Security
<br /> Instcument)may be sold one or nare times without prior notice to Iiorrower. A sale m:►y result in a change in the entity(known
<br /> as the"Loan Servicer")that col lats monthly payments due under the Note and this Security Instcument. There also may be one .
<br /> or more chsu�ges of the Loan Se�vicer unrelated to A sale of the Nc►te.If there is a chan�e of the Lodn Servicer, Borrower will be
<br /> given written notice of thc clian�;e in �ccordance with paragrnph 14 abc�ve and applicab e law. The notice will state the name and '
<br /> address of tt�c new Loan Servicerand the nddrcss to which payments should be mad�. The natice will also contain any other
<br /> information required by applicablc law.
<br /> 20. HAZUrdou9 Substenc�s,Borrower shull ��ot cause or permit thc presenc�, use, disposal, sroragc, or mleasc of any
<br /> Hazardaus 5ubst�tnces on or in ihe Property. Iiorrower shall not do, nor ullow unyone else to do, anything affecting the
<br /> Property th�t is in violution of any Environmcntal I.�w. The preccding two sentences shc�ll not apply to the presence, use, or
<br /> storagc on the Property of small quantitics of H;►zurdous Subsionccs that nrc gener�lly recogni•r.cd to be appropriate to normal
<br /> residential uscs and to maintenam�of the Property.
<br /> res,v�o+a Form 3028 9180
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