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<br /> G _� . .. subscantiaily equivatent mortgagc,it�ursnae saverage is nat ava�ahte.Borrower shatl psy to Lender each moniA a susn equa!to f
<br /> - oae-t�velfd�of the y ea�1Y awrtgII��iss�an�e ptemium 6eing�aid by Horrower when the�nsnrance cov�ge iapsod or o�tsad tn, �_.
<br /> � � `k: • •'`� be in effect.LCRder wil!'xooept,use aud tetain these payments as a lass teson+e in t[eu of inortgage iasuran�e. Loss resen+e � -_
<br /> `•°•,�',�; palraients may ao laeges be�q►riaed.at the opEion of L�tder.if mottgags ittsumnce coverage(in the s�qcivat aaQ for the period � -_
<br /> �� s �_.� thac Leadcr ceqwres)Fmvidvd hy an inmrer.approved by ixndcr again besames availa6le and is obtained. Bn�rower s9�.!t F�Y � —
<br /> ���4 :..�:t., th�premiumg tequired w�sintaic�mor[gage iass�raace in effect.or to prnvide a toss s�erve.u n t i!t t ce requitem e rt fo r m a rt�g e' � -
<br /> insurance ends i�aocordane�wit6�y wptten e�reement 6et+��cen Borpawer and isnder ot appt4cabte law. -
<br /> �,•.�k��r, 9 I�2cGt�a,Leader or�ts agent m�y,make re�son361e enuies ug�n aa�1 insgections of tM Progecty. Lender shalt sive -_
<br /> ``� �" .° Borrower natice at she.ti�of ar prior to u�i�xgP�on sgecifying r�son�ble cause for che lnspectian.. .. —
<br /> .a ,:::. ,:`��.„ lU.Coa,��tt�.Tt�e pcaceeds ot ar►y.awt�rrd or ctaim far daumges. direct or eonsequentFal.�.i�k mnnection w+ith any . —
<br /> .:'c•,��;.,:..,,. .: candemnation os o�er takin�of.any pa�t of the Property.or for mmeyance in lieu ot rnndemauios.a�hemby sssign,�d am� _-
<br /> -_ --—``�`<.- �h31t de gaid to t.endcr. � -
<br /> `` .;,:``�l [n the evr.nt af a totat aab3n�.af the Property.ttte proceads shaii ue sppiia�i ta tiu���trc3!�3 th��ccus:i�;T�t. --
<br /> �:�:..S.t_•`'_,� whether or not then due,wit�any exoess paid to Bamuwrer. in the event of.a partiul takiag of the ProQe.rty in whic�the fair _
<br /> ��-� marL'sx vatuc aC�3se�'sr+gcrty im�tety befcrre tt«t�king is equal to oc:gceuter than the amount of the surps secured by tl�is tl
<br /> ° ` ` Securiry inct�umeitc i�ediately aefor�tAe taking.unless Borrower and Lendes otherwise agree in wsiting.the swns secarod by o-_
<br /> � .'`"�� `:'�a� thi.s Seatrity Instrun�.eaR shat! tsa �ttced 6y the amancu of the pr+oc�ads muttipliod by the followin;�'raction: (a)tbe tota1 ___
<br /> 'L,''�``:' amaunt of t�e surns secured iminedi�tely before the ta�ing,divided by(�)the fair market value of the Praperty imntediately -
<br /> .':�-�== .�`. f., before ihe takiag_ Any 6aL�u►se shall �Sepaid to Borrow�et. In t6e eveat of a partial taking of the Property i�x�wb�fGh the fair -
<br /> , .,,:_:��.°�,�; market valae of t�e Pn��erty immedtately befa.*e the taking is less than tt�e amount of the sums secumd iiurt�e+ii�eIp•.6efotia the
<br /> `,,��:� �:�:,..• :� taldn�.untess Bo�sawer aud Lender ottremise a�tee in�vritwg or unless applicable!aw athemise-Pt�?ridax. the prooceds sfiall �_
<br /> •..�4.::;;� ;' be applied tn the s�s seciued by this Sea�it�1r��txument xheiher or not the�uns are then due. • -
<br /> :'��i�:,,� If the ProQerty is abandert�d by Borrower.or if,after notice by Leuder to Bomow�thaat the camdemnos offers[o make an _
<br /> ;�,ti�; !;;;ks�;�;.` award or seWe a cl�i�.fos,d3ms� . Bor[awer fails�to.reapoud to I.ea�wittin 36.duya after tiae daie t8e naticC is given, -
<br /> •.,f;tY.r�:�i::,::..' Lender is aufi�arized ta col.'rct�apply the proceeds.at its:option,either to restarati���pa.tepair of ttte Propsrty or tb tPte swns _
<br /> �--`���•Y'�`�• secured by tbis S,�urity Insuu�eata wEtether or nat thendue.
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<br /> `=:t-�=. �,::�t�•. , UQ[ess i�r�aud Baxs+avrer athetwi�e agme m vn►ting, az►Y aPPUcation o�,p�:eed�to Prsncipai.sLall aot extend or -.-
<br /> .` y� F ` , posq�oQC tIIe d.�date of tUee m.nttthl payiaei�sa�referred tc�i�pazagraphs 1 aud 2 or.ch�n�the amouQt of s�tct}Qayments. -
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<br /> ';..�;;5�;,".:f,r:; 11.�oa�uwr�:No3•ItelRas� osbeas•unce By i.e�a�itu Not a UNat�s:F.�ten$ion�v�the t[me foi�payment or modiftcat�on, -
<br /> ���°r`�.:•;;:;";. of a3zordixe,�.:�a€the su�ns secnt3d iry this Se�wity ir.�tru(n�a��ed by Lender te+�;suacescor in interesi oYStsr�awer shall --
<br /> ; S�;�';�>:';;,,<i noc qperate.ta�e the liability of tf�original Boraaruer.prE,�3orsawer's suocessors:imiatetest.Letider shall�aot.��t:frquired to
<br /> , :�.,..:`.:,.:,;,., rn�nce praceed�igs 3$aenst anY sac+oessar in interes��e,ref+tse w extertd ame for p��fp�ut or•otherwise a:odi�y ti�mmtix�iom =:..
<br /> �r'`� of tre suws.seca��by this Seruriry Instrurasnt by reason of any demand mude by 'ttts a�td,�aotrovuer or.Boirowet's
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<br /> � ,�,: `�' �p';�, sucoessozs ia.inGerest,�Any forbearaace by Lander in exeirising any nght or remedy s6aix.aat; �,a:.piAiver of or pr�ude the _._
<br /> ;;��'� �',�`%','�'� e�e�iseo�any.tig[itor.remedy. —
<br /> •,�pr d`��,:t',��.�F,�. :.. � s�,��.a��B�a;a�aAa seo� uan�cy.Co�si�ueis.'Fhe coveaants aIId.agreemeats of this
<br /> ,��`� '`�``�. bind and benefit the successors�rtd asvgas of lender.artd��oriower. su6ject to the pmvisions af
<br />,:�`.::•�.�kF� • Secnrritiy.tit5uu�enEShali� —
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<br /> ��,," }� : .. '17. Borrower's oovenstnu and a shall be ouu aztd s�weral. A Borrower whn ao-si this �eauiry
<br /> :�','� � c,4�,: . 0�$�P'h g�meuls .1 � nN �
<br /> , °���� � �t bttt dues not exeatte the Nute: (a) is co-signing tJus Security Instrument oniy to tsoiEgape,Brant and wnvey that .
<br />•'�'''� `` `��� $qxdpa�ec's intetest in the Propesty ander We tenns oi this Secnrity Instrumesit;(b)is�ot pe�sonalI�tabllga�ed to FaY ilie suma
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<br />�`�1;��'�. �;`.,r�:,,i� sacur�d Psy this Sec+uity lnssr�ment:aad(c)agrees that Lender and any other 8orrowcr.ta�Y agme w extead,modify,fo�ear or. :'. .
<br /> �y•� ,; 4�.a ; q�t��an f accomruodations v�t�i tegard to u►e terms of thin S�urity Insaumeac or[hn Nota:witkout that Borrower's cunsent. �,�;;;..::�.,:..
<br /> ry t<.'` r: ..;.: j3:iAan Charge�.tf t�e t�siaa s e a r e d by t h i s S e s u r?r.��.'i n s u u t n ent is su bj e c c ta a t aw w h i c h s e i s m a x i m n m t o a n c t�g e s: � ,: .
<br /> ,;�,, and tbat lasu is finallg ihtesp�i�.so that the interest or other toan charges coR�ted or to he wlle�ted in connection wtth tfi�e:.'
<br /> t�; ` loan ex�ead the pernu��dc iitmi�:then: (a)any s u c h loan c d a r ge s h a U be n�t uced by the amount n�s s a r y to�duce tbe c h a r ge.: ' -
<br /> ;..,°', .. .:.,,v',�,�.�:� to the permiaed 1.�tit;r�ia��b)�nY sumv already colleMed fmm Borcower which exoeeded p��Slts will be refanded ta:�� :�:
<br /> '.,j�i.< s ��,;.,. '�` Borrower. Lender ir�ay'.�;u.,-ose�to malsethis cefund by redaang the principal awed under the N.�qi by matdng a dicect ., `,..:
<br />,�:,?�?..��� ' � ' Pal�neat to Borrawer. S�'a te!`tlnd reduces principal. the redaction will be ueated as:a parti�.t:�repayraent aithnut.atry . .
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<br /> ,.. Y�<, '.�...:..! PrepaYmrnt charge under the Nate_
<br /> �'��z���+�.' ; • 14.Notices.My notice to Honower pmvided for in this Secvrity Insuument shalI ise given by delivering it or by mailing
<br /> �:: .�:: it by first class mael unless applicable law requires nse of another mahod.'I�ie notioe sf�al�lse directed to sh�Praperty.Address . .:
<br /> � or any ather addr�s 8orrower deaignates by nouce to Lender. Any noace co Lender sLa!!be�iven by ficst ciass mail to .,:
<br /> ���'?c Lender's address stated herein or any ather address Lender designates by notice to Borrower: An3►uotice provided,for in this '
<br /> Se�curity tnstr�ment shaU be deemed co have been given to Bomawer or Lender when give�as pmvided in tbis puagapA. �
<br /> „ �;� 15.Governing Law; Severa6ility. 'IYiis Security Instrumeat shall be govemed by federal law and the taw of the
<br /> �-. • .',. �.�i;.�, jusisdiaion in whacb the Property is tocated.In the event thai any provision or ctanse of th�s Seauriry Ingtmment or the Nate� ,
<br /> ��� conflicts with agpiicable law.such conl�ict shall ti�ot affect athQr provistons of this Security Insuutaent or the Note wlucb�an be;.- ,
<br /> � � ' '��� gven effect witItnotthe w�l�dtng provision.To this ead the provislaag:af tHis Secu�ity�ment and the Note ate decln�i • � _
<br /> .�:.,•_:.;.. �•.
<br /> f�..°�`. : .. °��r: to be seveiable. : • . .
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<br /> ' '..,;�;,� .��.�.;; 16.8orcowe�s Copy.Bormwer.sliall�be given one confomud copy of the Note and of thia Security tnSttuatent• '
<br /> �'�`'`'�� � 17.'Cra�er of the Property or a Beneftdal Iate�esi tn Borrower.lf all or an Property or
<br /> �-.,,-...� . Y P�of the siry imercact in it
<br /> ° is soid or transferred(or if a beneficial interesi in Borrower is sotd or transf�rned'a�8aennwer is aot a natuia!petsoa)without =_
<br /> �� �' Lender's prior written oonsau. Lender may. at its option. re inunediate payr�a�:i� fu11 of all swns sec�ured by tlus �
<br /> . ' Security Inshument.However.tiiis option shal!not be exerclsed�l.e�r if txerci�e��rahibited by federai ia�y as of the date ��" • -
<br /> . � . �`�.`:4; of tlus Securiry insunment. .. : � • . �
<br /> . . . ,•�°,. .If i.ender esercis�s this optio�.Lender shatl give BorrauKer notice�Yacceletati��..'L"t�e nottce sha11 provide a peri�of not . � _
<br /> less t6an 30 days from the date the notice is delivered c�.�ailed withia�which Bom:wer must pay all sums secared by tHis � __
<br /> • �. Securit�instrunqent.If Bortower fails to pay these sums F�ma:op the'expiradon�of this�eriod.Lender may invotce any remedies :
<br /> � � � :+�'•' permItred by this Secvrlty lnstrumeni without further aotice a.deu�anct or�,tiprrower. � _
<br /> `. � �; 18. Borraswer's Rt�ht to Ideip�state. if Borrower meets certairii fonditions. Borrower shall have the right to have -
<br /> � �• '''�:: enfaroement of this Secunry Instrament discanHnue�at aay tinae prias tb the earlier of: (a)5 days tor such ather period as -
<br /> .'�� ' �:� appikcable taw m��speciFy fu� relnstatement) before sate c�f'the Properiy puisuant to any power of sale contained jn this
<br /> �������'�� � � �;� Seard Instrumert;os(b)entr.y��a jud nt enforcin thls•5i�ciiri lnswmert.Thase ca�itions are that 8orcower:(a)pays
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<br /> �;.af�'s;,,,_.., .: . 7; Lc�;d�9r-al!sums which then cs::cyulk�be due under this Secuiilty�tnstrument and the Note as if no aaxteration ttad uccurred:(b) _
<br /> '�,.�•,� •;��� wr�s any default vf azry oih�r ac�:rr.ants or agreements: (c)pays all expenses incurred in enforcing this 5ecvrity.lnstrument.
<br /> �';;�t?;n , izsciudin�,!wt rtot limited ta.a�;.;�na81e atwm�ys' fees; an�(d)taices sstch action as Lender may reasonably require to aswre _
<br /> ; ,���'�� '`.:;'�i;� '' tl�at the lien of tfus Security ir�ttutnent,Lend'er's rights in thc Propertyr:utd Borrower's obliga1ion to pay the sume secured by =
<br /> ��'�s';"�` Q�is Securi Instnunent shald� oontiuue unchanged. Upan. rc4nssatement isy Boirower. ttus Secunry lnstnunent and the -
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<br /> ;;Sj�t•�;_ � obiigrations secunad hereby shsili remain fu11y effective as if no acce2erarion had a�:ctrrn:d.However.Uus tight to reiasttste shall _
<br /> c.at apply in the case of acceleration under paragraph 17.
<br /> � � 19. Snte of Note; C6ang�of II.oan Sesvicer.The Note or a parlial Interest in the Note (wgether wittt t6is Securiry
<br /> ' ' lnswment)may be sotd one or mare times Without prior aottce to Bortower. A sate may result in a change in tde eadty(kccov�n
<br /> � � a�the"Iaan Servicer°)that collects monthly payments due uiader the Note and this Security Instrument.There also may be ane
<br />- - . or more changes of the Loan 5ervicer unretated to a sate of the Note.lf there is a change of the Loan Servicer.Borrower will be .
<br /> �.;,,; , �� givcn written notice of the ciiange in�socotdance with paragaph 14 above snd applicable Iaw.'�'he notice will state the nam�and .
<br /> address af the aew Loan Servicer and the address to which paymenis shoutd ba made.The nutice will also contain arry oiher _
<br /> � � � � ' infom�atton tequired by applieable tatv. � � �
<br /> � 20. i�a�ardou9 3W�stauce�.Borrower shall not cause or peimit the prescnce. use.disposal. stora�e,or retease of aay
<br />.- ., � Haratdor�s Substanoes on or in the Property. Barrawer shall not do, nor altow anyone else to do.aaything affecting the
<br /> . praperty that is in violation of any Environntental lativ.'l7ie pre,;�eding nvo sentences shall not apply to thr pr+�esenoe.use.or -
<br /> - storage on tl�se Proyerty of siaall Qumstities of�Harardaus Substaaces that are geaecally recognire�.to be apyra�riate to aonnal
<br />- ' • residential uses and to maintenance of the Ptoperty.
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