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<br /> ''���<";^` , ed L�para�aph 18. �U csus4�9 thB ecCion os �Sro�e�n9 ta�e �— ,�r-.
<br /> ' "' Bccrotiver may wre such e deh�At and re�si�de,as provid •::� �
<br /> °`�� • �smi�ed w(th a niGng thaR tn Lender's gaod ffiRA detmsn6�tton.pre�udes toKe�ot th�HoRav�er's interest in the Fiagerry or � ��_�j..:�
<br /> ^ �^�:a;.� ,�: . .
<br /> '• a!lfer rrmtertai(mAa5men4 ot the Qen agated byi tt� 8ec�5►Instr�m�t cr L�sdds seattHy Grterest Bortovrer shafl etso 6e tn • . .� -
<br /> faSse or tnaccivate trdottnffi!on oT stete�n�s to Lender Ic► �.',`; `:�:
<br /> :.�... '.� defautt H Borrovrer.durin9 the[oan a9A�cetian P����► y �. �
<br /> .. : .:-��.`,� taIIed to P��e lend�r rfdh �ny �t U��� N contuecBon ivith the toan evFdenced a�the t3ote. tndudIng,but nbt .
<br /> . ' r ans oonePming Bormwe�t'e aau�artcY ot the Fmpary es a p�tne!paf �t8a►ce II ihts Sea�iil/
<br /> • :�_.,. . LmBed to. tepresenUatt � -
<br /> r �A aU the pravfstons o!tAe te�se. 8 Barrawer�xquices t�tdl�W tlise •, . ,,<;
<br /> ''• (nstrumerd.ts ote a teas�ho.d. Bcrtowe�sAsO com�fl► . .
<br /> �;.�:�. .G Properiy.the l�seh�td and the tee�flte sh�not merIIe�s Lender e�s to the merger in w�?ting
<br /> H
<br /> . �� . 7.ProtecQlen off Lender's Rtgi�ls irr tAu Pro�oety.tt Bonovrer tans m v�m�tt►a eov�artss ena a�nena�
<br /> '�s ` .. ca�6►ed in Ws Ssauiiy tnstrwneM.�a►the�e ts e tegal Procee6n9 t h a t maY �►a�e c i L e n s e r's d g h t s fn the Frape�t�l.� :
<br /> _ .�.'�" (such as a pmcee'i.6�g in D�Dauptt.y.probate,far condene�ation a torfe'ture or to�tons F�nrs ar regidatians). Lm►der's acti�ns , J°.
<br /> ..� ! do and pay tor v�hate�rer is necessffif►tn ptote�t the vaAte of the Prope;iSi end Lertd�'s rEgt�ffi in the FcoAetyf•
<br /> � :� •.'��.: �, may indude PeYFn9 enY sums secaued till a�2n whFai�has pfto�[y aver thts Sedrrityt Instrum�t �Pe�9 tn co�t. R83�9 ��
<br /> ``-�: reasonebte ettomeya tees e��9 ort the Ftapert�/to m�te r�atts.AtUtaugh Lend�r may ffike adfan�er WS P��A� ,
<br /> -_ - 7.Lend�r does not t�ave tc dn so. - �.
<br /> av
<br /> - . `';s qny eraowns�sbulsed by Lender nnde P�9�Pb 7 shaD.bec�me adddional debt af Bamovrer seuued hl►tNs SECUt�y .
<br /> Iqstrumerit�ntess Borrow� and L�det a�ee ta other tenns of payment.thase amourts shafl bear tnternst from tAe date af *
<br /> �sb�nsemEnt ffi the Ntate rate and ShaU 6B paya�i�wBh fiterest.upon noflce iram Lender to Bmro�rzr requestu+9 P�� .~. ._•�_
<br /> " 8. Mpdga$9 iti8llfaitCe- M l�tde►�ed maRSaSe(nst�ance es a con�iott of nmldng the foan seaued by►tNs � -
<br /> , ,s, Seaufty►Mstnmser�Bostrower shad Pnf►tRe premiums+eR����hdain tAe marR3aSe�suram�In etfed.H.for any reason.the �
<br /> � ` ' �n9age h�s�ca cavea3e�[red bY Len der l e p ses o►eeas e s t o�e t n�. B o c l o w a s h a�p a y the pre�niums�qu6ed m �.�:;;--°-
<br /> � � ob�in aoverage suAstamtaR�r ��e to a�e mn�tgase tr�ance a�vtnusty in�e c t.a t a cost s u D s�v���e ��__� -
<br /> cost to Bartovrei ot the irtortgage tnsurance Prevttouslyl(n eftec►.hmn an a�ernate martgage Insurer ePPtoved 6y Lender. B �
<br /> � v
<br /> , . . :•"1< . substa�ttla6yt�� moR�age tnswanoe cmr�age is not avar'tabt�Barrower sha0 pay W Lend�eacl�mantA a sum equal to _-
<br /> .:'`�:,;.. one tw�of�e 9�I�T�Je�ns�sance Pr�enium befi9�td tiY Bosrower when tAe insurmioe eaveta3e fapsed or ceased to .�%:=�
<br /> 8e tc►�. Lender v�ac�use and retefi these payments as a toss tesetve in Qeu of maRga3e tnsmartee. Less cesavs �`:`t-
<br /> �`�:,. - '�r.•e � payntetd�may no long�be�quUed,at the op�Hon o f L r n d e r f�m o r t g a S a 6�s u r a n c e c o v e r a g e G n t he amouat end Tor tlu�perFed �;.,.-:
<br />- . �'���.i7 k � �iF�3e
<br /> that f:�der cequ�es)Proutdc�E�P�tr trs+av �P������D�rtes ava0ahte aQCE is abm(ned. Bortower st�a4 pay �,.-
<br /> . � •. •�• � tor mortg3ge ��-
<br /> �;. :'Y�� �'':% r tfl a�•�noRgage lnsurance fn e4teeR ar to pravi�e►�ss resev��Q7 r�e� �--__
<br /> Me premimns e�es�
<br /> � insurance ends in e�dFoa rr��yl w�ten a�ent Retween BomO'.v�r�cE 6.!�id�ar ap�.i'esble taw. �,=m
<br /> ---. ��';:;;w� � .' 8 ti13¢BW¢��atder Cr i�s e4�t�7f�ce�eason�ie enRf�uPon m��D�of ffie ProDat�b L�dv shaA 9� ��:::_
<br /> ��*� � . � Barrower.00ttce si tha t(ma at oG tpT����DeeUon specat�'ing Rasona6lo�for the i►�on. � ..
<br /> `�s�Y t ' 1O ConQiem�tlon.Ttre�Ceeds ot er►y►award ar daim fo:dart�S�s.due�d m�et�tal.fi connecGon w�ei►y �, .
<br /> , ����55�K'•-;,, �
<br /> . �nde�nnatlo�or uther mf3ng of�zyr P�ot the Properry, ar for corneYa►�ce in Cwwi of affcd�tlon.ara he[e4Y asst�ed end �_,..
<br /> • sha0 he paId to Le�der. � �_
<br /> tr► the evetti of.a to�1 laktn8 01 tha Fee�eftY. the Proceeds sha(! be.r�,JPned to the sim�s seo� bf► ffiis Sea►►tY �..:•
<br /> . _ � . (nstriim�whet8�or not then due,wM any�ss paid to Bcrtnwer. fn�ira eve.nt of a paA�a1 t�dt►g o6 tQe�Fto�/�w8ich __
<br /> • ... , � ths tah masket vaiue o!the Prop�[y tmmediat�/Detare the tatdng�equal to or g�eat�than the ammmt ot the sums seared ---
<br /> ' ,: >'�� Nsp�m�t immediatdy► 6etare the tatdng, utd�a Botsower and l.eider othe�wise agree in wrHing,the suma • .�:_:
<br /> bY �s:.8earEtY
<br /> .. ., ,:,,��.'� seccra�'k.�s Sea�ritft Instria►�t sha4 6e r�d bY the�^S'af ffie proeeeds muRiPUed bN the feUawin9 U�Glan: (a)L'�e �__
<br /> . . •''�'.<;;.. total�C'�¢t t6e sums seaa�i tr�me�at�Y {ad�the Lak��:�vfided 6Y i��the�ir maAcei vaiue of ffie PropertY tmmedatdy •
<br /> ,:: �. � bdote�'�� .�^�.��belartce shaF de pafd 40-��►�[n the e�errt of 8�.4�1 t�dn9 W the�PmpeRy(n whfd►the f�matket
<br /> . .,.•: � vah�#'���°�n��'��ffie ta6dng Is tess than the amo�;uii t�i3 sums seared Immediat�Y before the ffidng.
<br />-'�;` ".�(•l.;�zfr..:�-'•ti r .
<br /> rryrf.�� unc�as.�arrotrr�� LEnd�±�1�+�w(sa e5ree tn writin8 or�m-� apprd�t3lt�sv otherwtse pmvldes. the proeeeds shaQ bs W.��....
<br /> �;'��!'�•f�': `. eP�'ro�th.e smns sea�try�5ecud.y tnsoumerA wheU�cr aat the�:q►'�Cf!�du� —°_.
<br /> ` . H the�Proper�;(.s e6andoned tiy Bortower,or U, after notietr by Lend��cl�`�..'.,�,arrer`it�i':itsi� condet�u�or o8ers to make an
<br /> award oT setite e,c:atm far dartra9es. Borrower�aQs to respond to L.ender'�u+ti'-� 90 Bajis'�'t�tfie d�e �te�nd•tce fs given. - ---
<br /> • . ' • ' lender ts autherized to eoliect and aPPtY the proceeds.at its optlon, eitAeY'�iesto�on or�epair of it�t�troperty or to t1�e --
<br /> .� . sums secured by this Securiry Instrument,xfiether or not then due �cation of roceeds to pdndpal shaU not e�end or � - �-�--
<br /> � - UnTess lEmder and Bortower othenvtse a�ee in wriUng. sny aAA P -
<br /> � .' " postpone,the due date of the morrthN P����d to tn P�S�Phs 1 and 2 or change the amo�ml at such paymenb. .T_
<br /> 19.BO�Ower Na2 Releas0d;'Forbsara�tCe Bll Ls�tder[+lot e 1Rlaiver Extenslon ot the tlme for paymeni or
<br /> , . . mo�Hestion ot emortaation ot the sums secured dy thb Sea�(ty Instrumertt granted by lender to any successor tn i�rest ot
<br /> � .:.� �;••,, Borrower she0 noi,c,A,e�ate to retease tt�e OabIIdy of the ortginat Bortowet or Bortevuets suecessots in inte�est. Lend�SAaO not
<br /> . �; , ;. � be.re�uhed to'�enee Proe��m9g agatnst anY suecessar N iaterest c�'i�tUse to extend tlme for�nrart ar othenr�e = --
<br /> �., �s � cr.,��oAir�:K�:�the swns:�red bl►thts Secu�tY Instrument try reasese vt airy Gemanr!�ade by tt;r�qrt9fial Berrcvrer or
<br /> �, ��� ��s su��ra�n tnier�c Arry totbearance bY Lenaet U exerc(sing m�y dght a�.�Sl sh.ak r.:1 be a waNet at or
<br /> �::����� - . :. .. ; , . , . .. . .. F
<br /> pig�'s�e tAe es.�id►�oi erry dgt�t o►remeay. �, Jottrt and Sov�ILdabS4ity', Ce�igltE�."�1`.1'e eov�+a'n{�ane .
<br /> ,,� _ 1a. Sea�rs atid Asstgna Be�. . � "°:
<br /> agreements ef iM:��curftY tnstrument sheD b8-.�k art�benefit the sacaes..�cr.s�.�ui�!assigns of Lende►an4 '�,sa�x�.subjed to the
<br /> � : � provlsions aT��raph 17. Borrawds coven�.and agtea�ie�ts shaD1�;j�►t end several. My�6or.kvr��who co-sf�s 1Ns _
<br /> � ' � gewufy trutrr�:�but Qoes nat acecute the Note: (a)is�a�atg�it:9�thls Se�airity►Instrument onty to m4r�ge.�an1 en8 ee�nveY . i:,_::._
<br /> . tPraE L4md►qE�'a�k7h�es1!n tl�e Prope�tY under•the terms ag tt�is-�eanitY lnstrurt+et� (D)is rtot pe�sonaAy o6IIgated to�¢�F the �•..-..---
<br /> �.---
<br /> . . • sums se��Is�,i1:ta,Serw�tY tnstrumer� apd(c)eg�es utat lender and any other Borrower msy e�s to eMe�t4 madNy►. �-
<br /> � , torbear or me3�e;ef�yr•�c�ommoda�ons wfth rc�td to fhe tetms o1 this Sea+t�y h'istiument or tha Nato wAi1M�►that.Bortowefa _--_:
<br /> �; ` � wnsem. . .... � _
<br /> • ,:;,;�',:. 13. IA�11 CCfafgOS.It tt�e loan seraned by this 3eau�y► instrutc�:4 is subject to a Iaw whde:sxts ma�Bmam toan � } '
<br /> �`,�;��+;�+ ; . � �►�arges,and that(aw ls flneDy int¢rpteted so that the trrtete..�C ar other loan eharges coQected or to be cbQected in connecUon . �;.`_�
<br /> '�.r,,,t! .. �;:_'�_
<br /> � wfif�tha toan mcceed the peim3tted M�ts�then: (a) e�Y suda toan charge sheU be reduced by the amo+uri necessery to reduce
<br /> ' ' the rfiarge to the pemutted itm� end NI enY sums atready coIIeaed from Boaower'whlch exceeded Aeqnitte0 Cmfit9 wID 6e �-�:,
<br /> '..�'. �.,_.
<br /> cefunded to Bortowet.Lender may cheose to rttelse Ws retund by redudng tlie prindpa! owed�mde►�ts Nata or by making a . ,�-�.--
<br /> direct paymeM to Bortower. H a retund reduc� pdnctpai. tAe reducUon wa be treated es e partisl GsopuYinenl wlthout eny �_�:-,
<br /> :. ' Prepayment cDerge unQer tAe Note. ' �;�';
<br /> � ��•.���� 14. NoliC09, My noVee to Borrower provided tor tn thfs Secur(ty�nstrument sfiall be given by delivering tt or by mail'mg it _-,
<br /> , . . Dy first dass ma7 untess eApQcahia faw reQulres use o1 anott�.a method. The noUce sfialf be directed to the Properry AQ�ess �"_'-
<br /> � � or eny ather ad�ress Bonower desicy�ates 4y notise to LenQer. Any notlee to lender shafl be given by first dass maD to .
<br /> es
<br /> ' • Le�der's aQdress stated heren or any other ad�es9 lender desi�ates by aotice to Bosrower. My nottce provtded for in tAis :�,: •
<br /> � ' S¢q�riry Insbument shaU be d¢emed to heve been give�ta Borrower or iender wAen given as provided in this pala�h. - -.
<br /> � 15. Gmvemie�g L.aw: �everability.Thts Security instrument shaU Ee govemed by federal law end the taw of the
<br /> , . • � juNsdtctlon in whieh�Ue Propdty Is focafe� In the event that any prodston or dause oi this Se�nily tnstrument or the Note . .
<br /> . . cor�tcts witt�eppIIe�6ie taw.such eaMQd shaD oot atleel other ptovisions ot thta Security tnstrumeM or tfte Note whieb can be .
<br /> - gNen eHe�t without the con�ding provlsion. To this eid the provistons of tAis SecurHy InsVUmerrt end the Note are dectered to :
<br />_ , • be sevCteDte. � -
<br /> • ., � 16.BOrlOw6t'e COpy Bortowa shaD 6e ghen one oo�ormed copy of tfie Nate and of this Securily(nsUumenf.
<br /> • . . P1316.LM0(�/9n Psge 3 of 5 � � '
<br /> . � 97091
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