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<br /> f. `�r'.� t—'•,: �OIISSYCt 8�b&j11 dC�Btllt 1f�f01fC`uNIC 8C�OI pI00�1�$s WhC�IEf CiV�Oi Ct�A81.�K Z1Cg1111 ttl8t�ll��i'S g00� � a.-: ;.�:
<br /> � � ��` • � faitb judgtaeQ!wuI�result iu foifeitu�of the�raps�tg ar othe�eifc au�te�iatI}+imP�r the lieen ere�ted lsy this Scauiry _:'__`�'�.
<br /> - ,�` ^ tast�eat or�eade�security interesl. Sorca�ser�may cut+e such a d�fault aIId r�stste.t�tt pmvtd�ia P�B�P�18. "-��-' .
<br /> � � by causing the nctIna or ppq�8 to be d�ni.cs�c1 wtth a culing that,in Leade�s gaod faitb detesminat�an,prectu4es . �.
<br /> -'< Y ` for68it�ue of the Boir�a�,.int�t in the Propertg or.other material impairmxat oF the tien cceatc.�6p t�is 3tcuriry� • ;�
<br /> � . F : , lII ' ��:t�`�,r
<br /> , .,° I�slrumeni�ar L c a d e r'�s e�t S►��� �a t c a w e r,a h a A a L s o b e f a d e f a u l t i f B o s a c��e r.d u r i n g t F te I fl a a a p ptisstioa � ;Y_.
<br /> _ '`,: � gz�ccss,gave m�terialIy false or inaccutate mfarmatioa or statemeats to Lender(or faiTed to pmvide Lender tivIth oay ,;�:;:.;
<br /> . ,� .,X`°"_4: ,�t�3af�n)�t anr��n s�ih the Ioan evFdru�d by the Note,idctadia&Dut�at iimited to�t�prescatat�om� —
<br /> .. , mnoe�fng Boirow�r's o:c�i�uY o��the Propertq aa a p�+apal resid+enoe. If tbis Secnritp Inswme�is an a�elnoi3, � .
<br /> �` Borrawer shall wmpi9.�#e af�,�,gravisiaa4 of t3g.i� If S�caower aoquir�fee titie to We Property.the ieasehold � �..,
<br /> - ' 6hSl�rs�'Y. t�s'S L�ea.d�i E�ea`1Q tm:cc �r ,� �,� R _
<br /> -: ead the fee tctte �
<br /> , y, Fco�cLtoa�aS�1t�a�3te�a��Ea�,tLnr�'.t�Y. i f B oreoa�er f a�2 s W p a�f o a m t fl e o o v e n a a t a a n d a g c e e m e n t s �
<br /> Ea ' � -
<br /> :�',��.� affest Leader's tigtits in.t�.
<br /> coataiaed in tl�s Sea�niry�dar,�s.k.Pa:f�a:re is s�egtt3�pmoeediag that may si�nug :� _-
<br /> Ptopert9(su�as a proaee.�in.E�x'aru�'�l.���•fs�omndemnatioa or forfeitut8 flr to enforoe Ia�vs or regoln�ias),,,, � :
<br /> %� ' then Leader may do ass3�fbs:t�,4ta�rer is�;�riroted the vaNe of the Progerry and F.�eade�a c'�.i�s,tte�°. . Y_
<br /> Lende�s acta�s�Y s�:o¢agir3�l'.4?�►�esured bY a lien ahi�lu�t ptioritY aver th�S�auib��.�:G�ttt�. .. �
<br /> ; . . _
<br /> �� ': �p�ng m court+PaY;4g:craswaata'.�r attm�y�ft�ea:�ent�in8 an the Property to make repa�s. A1�.�r:, s _
<br /> . � .. maq ta�e actinn attd�t't�P�B�Fb'�a�,�d�c do�aot 6av$�dn ac. ' �"""` .
<br /> �"' ara b��il bcoome additiona!d�a:of 8o�cawer seaued b�• �>-_
<br /> .. Aaq amonats dssb�ed t+y l.endes un�ki t�P, �rap ne --
<br /> . ��eP
<br /> � `:� ., - t l d s S e c u r n y I m S t r U m e z��. iFs�!ess Baimwe:anr�I�er a�ee w ott�s terms ot papment►these a�oun�s shaIl bear iat�est. ,. "-.,-.�__
<br /> i!e
<br /> -:'�."`� ..": from the date of�b�ant at th�Nate rate arar�a2�,�ie payab�e.with inte�est,aPon nn�ce fmai l.ender W Sorr�+uea:
<br /> <<. . , .�`��
<br /> ,..�l S .;, ��B P�n� ,.. ��e as a a�nn of makia$tlse toan seaued by� `` �i`�t�,;
<br /> r 8. Mortgse�Yns�nr� If.Lender req�ed�mp�t� ,
<br /> thh Seascity.Tms�nea�Borrov+et ahali p3g 21E3 pa�emaams r�dd tp.tn�nta�tlle murt�ge i�stuanoe in e�eCl.1i�f�a:
<br /> � msucss�ve oo►�tage�u�l�ZTS+Leu��c��Ses or oeases to be ia effecl.Borrawes shaB�pay �:
<br /> any reawn.the mortgaae' ��p��y in e�ect.atac�t:
<br /> ._ _.._ . . �prcmiums required tnob�in oaveiaSesnb�ra�►t�i�•o�iuvatent to tke mnrtga�+a �, W_
<br /> r suDsiaaha�►equi�+aiea�ta Wsaost to Bmmvres of thp�t�8e ias�ance Pnwia�cst9 in effed,frum sn�.�3t�C taatt�e . �
<br /> ::�� �.' ":,. insurer apprnved dq Lend�r ff subata�j e�quF�morfpSe ta�tivanoe caveaa�i�not ava�ab-�Boxta�s sI�pa9 �
<br /> .. to Lender eacD mor.tb a sw�equal:to on�t�of th�y�rIy.mortgab��u�aace Q����3 P��Bp��' ,.
<br /> � � whea ttte finsutaaoe aoveia�e Iap�ed or ceased to be m effe�t. I.�ader wIIt awept,nse aIIAI�rcESS�tt�paymPnts es a . �_�'.�_'
<br /> ".�-�„�--- ..�-�r..� [ms r�se�ve in lieu oS.���uam�. Lo�teserve Fayca4�nts m�►no Ionger be mquize�,su tlee opti�of L�, �L;,=�;:
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<br /> 7� . !f mortgage ingu:an�oe ca�vesage Cw the a�wil.a�fot the periud t�tat LEnder requires)Drovided is9 ac�ic�uet apgs�o�ved:� .
<br /> 'ay�s' 6y Leuder again be��s�ie a��nbbs�}:� Bortower shaU pay the p�iva�s requised to��nn+szn�Fp� � .
<br /> r,�'�-'- :°� ins�uanr,e ia effect,o��ta Fzovid�a toss resesrat���s requirement fot mon�e insurance end9 i�aa�rdaauce wit3r� � : --
<br /> ` . � any writteA s�eeme��D�9een Bun�a�vret e�L�',�o�r applicable lacv � _--
<br /> .. •�� � g.InspeGtan. L s�s os.it�ag�a t:may�.m a�r c a s o�a a b t e e u t r I e s n p o n a a d i a 4 p e c G t q r s s o f�t h e F m�t y�: �. _ ------_
<br /> � ` �,r �4� sha13 give Borravres aa�tise at tL�ti�va of.os,pzipr�to:�n insgectian spec�fq3ng reasouable wvs�fas the imspestfia�s.. � --
<br /> a
<br /> �'� `• 'i � LO`Condxmperttvnr 'It�Pmor.�a of azrf.�tt{�or daim for.damages�d��ect os oonseqiaeattal,im a►s��,�an�tt'a-� r
<br /> ?r`����' �: o f,i�1's o ,o r f a r w a v e y�s v�i n l i e e u o f a o a+�e�a c�1,a�s l s�t e b�i�� � -
<br /> reu��,. �}�, aay coaderana,,�ti,.,o�}a(,or�u"t!#te x}:y t��i i�n�g o f o.ay p a r t. « p e r t y u � ._
<br /> )e/iT27]�s. i . '"..f. ' •.��1��q�73W�����i..�'f'-y°r'.'F��. . . . . . . _
<br /> . .. b`�." � ` .
<br /> �;�i��' ., �` I n t t�p e s r z a i;a f;u,t A�k t�-r�t�i e P r o p e c t y.t h e P,��be a p pfied to the s►umms s�us�d�sY'tla��easraty = _
<br /> esr Ia the event of a aiti�l t a F a n,g�o f t b 2'�°r�e r c Y
<br /> ,��f., � . . ..�• I�trumem,wb�sQi�t��,tPP�=�.� �.��9 caroess patd tct B�er. F .i-
<br /> ..; �', � befotc tha tak�n is �or �����t of
<br /> '�,�, � � <; in whioh tlie fai��maslt�l�`. �tlsf�•��ert�r'�:�9 � � � ` .i
<br /> ` �'; �.��� tQe aums secured b�tti�i:�u��'ip�������ef ore t h e t a k i ng,u n�.a s B o n o w e r a n d�.e a d e s.o t t'u fi►i se a g re e �
<br /> �t�YU�;:�. ' , �: � .
<br /> :.,a�,v,.., . � �wtitln�,the s�s s�a9 t�m#�itp Yas�:��11 be reduoed Dy the amaunt of the gmoe�nt�z:ii�lfed by the ,
<br />- ,�.,,,.,. ,. . _ .<; ,,.__
<br /> -;,; foIIowmg fra�ctions:(�)�total amo v�f(i p,f t he sums secur e d i m r�a te l y b e f o:e t h e t a g i n g,d i v i d e d b y.(b)t h e f a i r m a r l t e t -
<br /> - - .value of the PtnF�rty�telg b�Cs�e tl�tatdag AnY baia.ns�s�saII be paid to Bottower. Ia the event of a partial _
<br /> - ..`:,.�,;� taFriag of t��ta,�^�ettq iA-w�th$f.3r market value of the Far�tq immediately before the takibg is lesa thatl�he --
<br /> � �q
<br /> �� aatount of the sv�a�sceu.rcd���ediate2y.befose�th�'t�ing,unl�as Boaawor.aad Lender otheiuv�se a�ee ia wr�ag or _
<br /> ' '' . shall be a lied to the svms seaueQ bY this Sec�rit9 Ia4tnuaeat �.
<br /> - : . . �� ualESS appHcabt�1�vr.ot�e�a P-�►�P�� PP q
<br /> . ,.. �{; . �
<br /> , ... ;: whetheror•not.t�cakam�sc'sth�ra� . —
<br /> . ,�:••� If.tn+r prop�eitp:p$�t3r�atac�.i��orrawer,or if.aRer nottoe by Lendet to Bonower that the wndemant offers _ -.,
<br /> ,r -_..,. .
<br /> � � to make aa a�o�ar�or�sst�r2;acla€ui f�:�ge�g.8oirawer fa�ta respond to I.euder within 30 days after the date the _--
<br />_ �;;:�, notice is given.Les�dBt�i�.a+..,,�trn�ti��boIIect and aPPIy tke pmoeeds.at its optIon,either w r�atomtIon or repaQ of E_,,__,-.
<br /> `�; `"�.;;.. the Properiy or ib�tY.msivaa�Sectued by ttus Security Inswmdent,whether or aat thea due. _
<br /> ��. ilnIess Lend�r�a�d�Bormar�t othem�ise agr�e ia writ�g,a�►aPPlication of praoeedg w priaeipal shalJ not ertend , c. :_.
<br /> '?,.. .� .._ .i; or pustgaue tt�e dne•�ate oE�the.m4��i9 Payments referred W m paragraphs i and 2 or chaage the araaunt af sucb :�-
<br /> �--
<br /> .. �. � .; ; i: pa��``�:� •�� � � � ,'.::
<br /> ;: �� `. ,`� Ep,�:ii±te'mwes Not Releasat�;�'�c�i'�earAnc�By Lendes Na!a�Vatt�ex. Estencion of t�e time for payment or {�,�,.,
<br /> modificufn4la:�i€aaioFiu.ol.imn of the sbms sec�ucd hy this 5ea.�ui�y In�tn�m..°nt�nted 6y Lender to aey su�r in� � _
<br /> ." � .imteicat a�i��irtnwer�afrt�t£rc�t ogerate to reIease tt�e Hab�ity af the o:igin�l Borrower or Earrowe�s suacessom 1n Interess.
<br /> `4 ` � .` ` . Lender a���ni b�Fa�i'"u;�d to aommence praar�d'i�s a�ia9t aay auocessor in,iaterest or refu4e to eatead ttma for � v
<br /> , ;°:���, � paymedt ar:u�ss��ai�i�Y amorthatioA of ihe sW�s;�saited by this Sewrlty Instrument by r�mson of suy demaad made
<br /> • ��� '��•s�j�: hq the origi�T�aiia��r.�r. or Bon+aw�e`�suaessots ua inteiext. ,�ny fa:beatance by I.ender in eaerc3sing snY rigbt os - -_
<br /> - , :,.�, iemeQy sha11 not be�s w�er of or Q'rr,�cciu,de Wa�e of a»y��r3�t or remedy.
<br /> � ,,� 1�.Sac�ssa�a ur�E A�signs$aund;aolut na�d Seveca5�Wt�Ca•stgne�s. 7he aovenants and agreemeats .
<br /> : Q
<br /> ����'` ' of this Secauitq InsUwii�,ehali bind aad b�nef�ti�suaaessor�and asstg�s a€a.ender ana Borrmver,eubject to We -
<br /> ` `1: � provisionS of patngapl� L•'F. Boa�a oavenants�end agreemcc.a shall be�jviut ane severet Any Borravrer whn oo-� -
<br />-- ., .. ' � si�ns this Security I�sttument but dncs�nnt esecute the Note:(r�}�co�si�ning this Securlty Instrum�at onIy to martgage: � . .
<br /> as
<br /> ... � g�attt and�nvey tyat Bairovrer's lat�q in the Property under tTs�terms of ttus SecurIty lnstrument;(b)is not pezsonallg ,.:::-
<br /> ' • .: �' obbgated to gay the sums secu:ed by ihis Se�wity In9trument;er�,d(c)agrees that Lender and atry other Borrmvet maY :.:��.:
<br /> � . agcee W extend,mod�ijr.forbear or make anp aocommodations wttb regard to the termg of tfis SecurIty iastrument ar the .�.r;,''
<br />� �'' ' � Note without lhat Hormwer's ooasent � • �
<br /> . � . 13. Lomn C�ag�s. ff the loan secured by this Securlty Instmmeat Is aubjecx to a Ia�v whicb sets magmntn loan�
<br />- � �arge,y,and that t�aw ts BnaUy interpteted so that the iaterest or other losn charges wllected or to be ao]Iected�'f
<br /> .. - comr�xion with the loan eaceed the pecmitted iimits.thea: (s)a�r suc�loaa charge aha11 De reQuced by the umouat -
<br /> ' � aeeesaa�$I to reduce the charge to the�ermitted limit;and(b}any sums aiready coltetted from Bonower wbich esreecled
<br /> , ' . ' p�mutted Umits wi(ll be refunded to Borrower. Lender anay choase to maYe this refuad by teQuctng the princIpal osred . .
<br /> . . uader the Note or by mafting a�direct payment to Borrawer. if a refuad reduo�a principa�.the teduction w�l be treated
<br />:;."��. � � as a pattiial psepayment without any prepayaa�eeat charge under the Note. .
<br /> ------ Foi�i S0� 9/80 fpage 3 ot S pqqos) �
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