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<br /> ��. .:'" • Borta�ve► may enre sucA a detauS and�ra�a$ �o�fded tn,P�9�1e• �1'�+�8 the acHcn or pmee�ng to be
<br /> . " d1smL^sem�vitn m M'in�wzf.In t.�naers�oa ra(i!�aetenn�u�ilon.crerivass rar�eihue ot cna eo�rawer's 6�Lerest in tne PropErt�r or � . ,� �'
<br /> ` :.�,�.�_�'�•, ' o2Artr matedal tmpatrtn2nt at Ne Qen c4�ateA bl►� �b M��or Lender's securtty tnte�est. Bcirower sl�0 atso 6a is� °k.'�,�
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<br /> ,y���e t. �.;.•,, d�3 u ft H 8artow�.d�u U�g t h e l c 3 n e p P�o r D��S�8�e�y►�s e�i t�a e W t e te Utfamz�tan ar shatdt►ents to lendi:r(ut � `;�
<br /> ' . ,�°```` [- fai�'ad tP Provide leteder vv:tA any f113IE�) f7110ft!l�tlQtl� G! COTlt1�Ofl Yh1I1 Ul@ IOtiR 81AdQll��Y t11A NO2� Ilt�g,bUt RO?c ,
<br /> ` `: .: � Gmlted W. r�ser►1�to�a co�9 BQ�wtat3 w:etlpanalt ot tfte PrapatY e� a P� tesidene� 8 tWs SeatlHy. �s:,':�,
<br /> `;.„.;:� ` , � °� .
<br /> tns4umenE i� on o teas�fe�d 8orcavrer shaD compiyr witP� sD tha provtstona o4 tt►e�ease. U 8acrotiver�oqu�+es t�tBle to the ,,
<br /> , -:�.' Praperty,the f�seAoSd ead tAe tee ttl:e ahaD not me�ge unlesa Lender�to the m2eger in ivrfting. �. .4 ,_
<br /> _ � ,:��. T.Pea4e�tio»ot 8�endat''��itghE9 ifl the Pa�6pe►'�y.n 8onwver taes to pedorm u�a eavenants ared e�eemerts,�
<br /> eontaatned tr�tPis 3eaaity tnstrument ar there is a tegat Ptac�n9 ihat malt st�Cantil►e�Ct I.�d�r's dgids tn the Pnopertl► � �,�.��'
<br /> !n
<br /> � (such as.e om�9�►ti��7/P��tar eaadert�sion or iart�nue or ro eniarce tavrs or reg�d�ttons).then L�der maY ��__"
<br /> � ��. ,:,,,��� do and pay tw wfiatev�Es net�ssar�►tv pratect the vaiuo of the Prap�t}I ared Lend�'s dgMs in the P�apery. Lenders ac@ons - --
<br /> '`' ,;�: ,` may fnchtde �y'.�9 ar►�l sum� sea�red by a Qa:+rvA'.eh has pttordy over thts Setattity h�sf►um�f. aPpeadn9 in cawi. D�9 �
<br /> -�'�:� tessans�Ss eitomelte�t e e s en d e s�t k►g on ffi a P t o A E A y►b o m a i c e�e p a G s.A N l t o u g h L e n d e r r n a y t e k e a c N ort unde Ws p a r a g a p h � �
<br /> . �,,._y.�' �_ 7.L�nder dae�nat Ravo to Qo so. � °
<br /> Any amounts d'isDursed by LEnder undsr para�apl� 7 sha0 b�:oma a�itloroS dpb! of Bmcowal seaued by tAts 3eau1}► � 5�y;,�
<br /> � '� f n s t n u n e n t U n t e s s B o rt o w v�d L e n d e r a g r e e t o o t h�t�m s o1 p a y m e n t,tihese amounts sha0 b�►h�st flcm the date et C[;`r`,l'
<br /> , -.F�'�... . :; dIsEuisecnent at the Nate�end s�aD ba payabie w9h Grt�st.aPon notte�from Lend�to Bonower requ�n9 R��- � a----
<br /> & B�Oit$?$8 (n�TeTiCe. tt Lendv re�uUed mort�eSa(nsurattpa as a oart�iaa�ut maSd�tg ths toan seaued bll tws �. �
<br /> - .�. ��EfiSllqiR6fit 80ii35Aifi S��il���s�J:�LQ RI9IS11dU1�le fI1QII��9$1SiI8�t't..9 ht�Ed.1�fOl flT{yt t&Z50ti.th9 E
<br /> mong�?Se tnat�sanca wveraga t�bU t�nd��S�er eeases to be in eftecl.6orro�ter sflw.9�pay the�tequ�ed ta � -
<br /> . . ,•; obta�f c�otirera5o aubsffintia6Y eq�iluatent to ffio t�eKq3Sa h�tco P�Rcus�!!n e�ect.at e e�st subst�tiaB�/ec�i'�a[t�t to the '�'�"_
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<br /> . ,•, ' cost to Bartawer of tlua mortqags tnsurance pr�vtousty.tn.efk:c4.tmm en �e martgago tns�um�ua�d•bY tender. H ,
<br /> " '� ` p�ntk�f(y equTvAtent rtwrtgag�insuranee arretxge[s no!ava�D!e.Bortaw�r snaB pay tn tcmdQr eac�m�sih a sum etp�ai to ��--��
<br /> . . . � .,�r... � .
<br /> • , ana�twelfth af ttte yearty nnRgagci U�nco presntum b�ng paEB.by Bortaw�when the insurats�ee co��age taps�i or cEase3 to ��_=
<br /> : , .� �.�:`�
<br /> ` �,�`�. , ' be A�e4tect Lender wfU acc�.use end�1n tAese paymaiLs as a Iosa reseve in Qeu at rrw�tgage insu�c� Less resetve �,':.�
<br /> • � Pay�mertts may no tonger 6e r�qutred,at the optien of l�der.B mortgage tns�uartce�C+�the amaimt and ior the pafod ��,:-.s"
<br /> " that Lender cequtresl P�avtdad bY an insur� aD�OVed Oy lend�8�tn becoanes av,aifable end ts obmh�ed. Bortavi�shaU psy �:.',_;--
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<br /> ' • •_ the premtiuns�quQ2d to mah�tafi mortgage Nsur�ee in eHect.ar to provtde a loss re.s�vo.ur�h'f the�uimneni tor mortgege �_;- -:.
<br /> _•.;r.,�:�:..._�:;:.,, . tnsuratice ends in ae�rdance w�tA ang wrft�e�eenmt Oelwea►Bemuwer asn Rend�or epp�srabie�w. _
<br /> , � 9.Q1ES�ediolb Lender or ifs ageit may make reasonebta etbtes upor�ertd inspeetlons of the Pcapery. Ler�der st+aQ gh►e � �-;.,:.';
<br /> Hortawer notiee at fAe Ume of or pdor to an 6ispec8on spe�ytrtg reaso�bte cause tor tne b�en. �.�r=.
<br /> .' `. � . �` 10. Cotl�ettostBttOn.The pmeeeQs ol erry award ar etairn tor damages��rect or�e�tiab tn cennedton w&te c�y _
<br /> �� � �,�' condartnaUon ar o�er taktng of any paR ai the FroDFStY.or tur eomayanee k��eu ot�on.ate her�y esstgrtat�td
<br /> � �-�,
<br /> •.: -'. , shaa be peld to tender. --
<br /> --:�;:;.�.°..' . Tn 4►e aveM aT a totei ta�rtg of tlaa Re�,erty. �1ie Rroceeds sheU be appSied ta ihe sums sea�res8 b� tfsis �► c:..`
<br /> " " Irtsatinnent,whcritter or nat Eie�du�wRh an}I exxess Patd to 8otrawer. tn ffie ev�t of a paetial�g ot dtra ftcpEriy ia�o,�,`i:ch �.,_�
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<br /> -•:r• ' th0�f fl18I�61 Y8hlB Ot t11e PJOPC�►�1���0�9 the ffi�dfig(S eiNB)t0 oi�6ffi��1811 1h@ 8i11oWIl OZ t1fB S18flS 5�ItEd ---
<br /> ' �""�-,
<br /> •� by tl+ts Seeur�y Instrumem t�nne�atel�►6dare ti�e mWng, untess Batmw� and Lender ot��enxise agee k:-'+rt�tin8.the sums -
<br /> . .`; '_ ;', secu�ed by tNs 3eaAty it�sCument shaD be�uud by the amowri af the preceeds rttalNpUed Dy the ta4�tisr��actlon: (a)the � —
<br /> mm1 emaurrt af the sums seaaed tmmed'mtey II2tore tha tak(ng,dfvfded by (b?tha tafr market vaRie aP ffie i?�pseity tnunedfat�ty •
<br /> ., before the tafdng.My 6atsnce sha4 be pat8 to•8orrower.(n the event o1 a paztiat midng of tha Prope�ty tn wt�tcA tAe fatr market , _- -
<br /> � , ve�ot,th4 Properly(mme�atdY betow 1he mWn9�tess than the amount of the surtis securad(mmedi�ety 6etare the�tatQrtg,. -=-
<br /> ,.. .... . =- -..
<br /> +mt4ss.•BGtrou►er and Leafder atAawfse a�ea [n wrRIng ar �mtess eyp4eabte law otfierwlse provtdes. the proceeds sRi�l.be _.
<br /> .°..�y epp�ed t0 the s�tns seoured�1l tAta Secur�ll Instnunertt wAetisc�or not the sums are titen ctic�: � .
<br /> - ------- li tAe P�ap�ty ts ab3ndoned by Bnmaw� ar H.after aoW�e by I.c�d�to.Borrow�that the cond�mar aRers to rt�aice an `" .
<br /> - -- - ax�ard ar seltta a etatm tor damages. Borrarrer feDs to respoad to f.ender wfthfi 30 days afte► !he date t�a noQce is ghren. . �
<br /> � ` . Lender ts auihodzed t� caVed and apAly 4he ptoceeds. at ita opUon. dNer to testotaUon 4r repab of tfie Property or to the
<br />- .. ,. sums sewred b��this Secmtty Instrument�vhether or not tAsn daa u: .—
<br /> • � , Unlass Lender anQ BoROwer otherwise�g�ea In wrftinQ. enY eDP�caBon of pmeeads to prineipal sf�aA not e�d or �__ -.:.
<br /> • .;.:"� • , :,�;;; Po�Pone the dae date ot tAo morrthill PaymeAs rtatert�ed to in para�aPhs 1 and 2 or chan9e the amount of sud►pagments. �
<br /> :`�;��: ,�. 4f.�aetr�c+�sr.I�to!Roteased.�arG�t�taence�y Lead�r t�do!a Watven.Extensb�n of ine tLno tar psynmmt ot --
<br /> mod�ficatlon ot smarffi�on at the suma secuced by this Secufity►Onsflvment�arrted by Lender to a�ryl successot tn Nterest of
<br /> ' �' Bomawer shaD no�'�fl to retease the I�b�ty of the adginal Borrower or Borrower's succassars in tnterest Lender shaD not
<br /> . . � � .:•�. • 6e requUed to commenc�pcac�d'in8s a9�inst ei►q successor in Uterest or�tt�se to extend&ne tor paym�t or othen�tse•
<br /> ' � �,, mod�tyy amottimSca ot the su��cured bll Ws g��!►��ment by reason of erry demm►d made by 4ha odgfiat Borrowei or.
<br /> � "� i, 8mmwe�e stt�sra tn intprest My 4ame�aiance bY lenQer In e:aacising arry dght or r�nedy shaU not be e watvef'+a�ar =-_
<br /> pteetttde Ne acp��ti��of atry dgM'or remedy.. ; .
<br /> ' �.� � 12. Suc�oirs and Assfgns fB�yCttr�; Jolrn artd Sovorat ttabllii� Co-stgnera�r�e cm►er�s and �`,�
<br /> . �° ;; , agreemertts ot tiifis�Securfiy Instrument shaD 61�xi1 ac:d benefit the successora end asstgns of Lender and�am,�srer.suDl�"�the _ _
<br /> � . . • ,..� � Provlstons ot pazagraph 17. B�ra.wa's cov��ul4s and agreements sha�be lofit end seveaL.AnY Bom�rt�r vfio co�(�thb r,. -
<br />_ . Sewdty fnstrument but does msis�arte ih�tdote: (a)is eo-sl�ing thls Sewrfty tnstrumertE ery to mart�ip9e�Srant end rarrvey r. :_��:
<br /> � �;�7 tAai Bortowefe trterest tn.the tr�c�enyr ureQr#'tiee tertns a1 thls Se�Aty IrtsUumer� (bI b na!Perscnat�r e6➢gated to pay the �=.-•
<br /> ,, sums secured by thls Secuttty tnsWmenl; :'r�rnd(c)a�eea that Lender and arry other Borrower may s�'�to e�Rend.mntfrty. �.,.-"
<br /> • • � torbear or make any sccommodatlons Hfit't �rr,�id to the tem�s ot thta Securlty Instrument or the Note V�hout that Borrowers , �..f-_
<br /> • � wnsen� . ' _
<br /> : 13. Loet1 CI18lge0.,�•tt�e.loan secur�ed by thts SecuAry tnstrument ls subject to a taw whlcfi seb maximum Wan .-
<br /> chergp�end that Iaw t3 ftn�$y Gsmpreted so that the U�terest ar other Ioan charges coaected or to ba wltected(n connectton -
<br /> t,�'=..� ' �• ' ,'`': wftfi the toan excr�l�the pertniited�tArStsc s+'tc'rr (a)enY auch to�charge sheU be reduced by the emoutrt necessary to�¢duce .. �
<br /> � . . ' '? tho charge to qm•{;�rmittod QrtdC artd Yp�ae�$utrts aUeady ao9eeted tro�n:B�rrower whlch mcceedet!pa^�tltted Qmits w0 be � �
<br /> , retlmded to BarfG�rrar: �end2r may choo�s tn�matce this ret�nd by reduc�reg iR�:pHndpal owed unQer dr�Wate or by m�Ning a , r --
<br /> '�;.,.7�...�.�: dtrecl paymertt to 8onawer. ti,a reftm¢ �r9'u�Orindpal, the reQucUon k4�,J�e treated as e D�G��t wEthout.atry . t
<br /> .•.;',"�;,,t.;:. � P�P��t charge under the t��otia . ` • • '
<br /> � '• 14.[$bttC83t My noif�.trs�BaRaw�r pr�ovlded tar In thls 8ecurily tnsUV.nent shnD L�•Qiven by deII+re�tt ar tsy r�sillmg It
<br /> N � . , .,�� 6y first c�ss mm'[vniess apy'aYa�ta law r�qµUe�use of another method. The eoUeo sh�1 b0 dltected ta U1a Propety A�dress .
<br />- � ar am/ othar ade�s Bortower deslgnate�I�Y notice to Lender. My notfas to Lender shaD be glven b�.61s1 ctass maD to
<br /> : .� Lender's ad�esa statec! herdn or any atrie►ad�ress Lender deslgnates by notice to 8orrawm. My not[us provtded tor ln thts __
<br /> � , Seatrfly Instrument sha11 Ae deemed to have been gtuen to Borrower or lender when given as provlded tn thfs paragraph.
<br /> :. • ._ � ' 15. 6aveming Law; Sevorabllity.TAis Securlry tnstrument sheU 6e govemed by fe8etal taw and tha law ot the
<br /> � � juds�ction ln whtch the Property Is located. tn the event tAffi ar►y provlston or dause ot thts 8ewr�y tnstrmnerd or the Hote
<br /> ' � conf�cts vrith appffcebte tavr,such eordEct shaU no1 aftect other pravislons ot thts Security Instrument ar the Nate whtch can be
<br /> -` �'•' • gtven ettect vlrthout tha con�icting provk�Jon.To thts eid the pravislom�of thts Securlty InsUumerrt and the Note ere Qectar¢d to
<br /> ';;;, ,. . . be seYe�eble. ,
<br /> ' . 16.HarrawePs Copy.Bortow�shaD be glven on0 contonned capy af the Hate and of 1t�ls Serwrity Instrument.
<br /> _ , ' . ' F1316.LMd(11971 Pags 3 of 5 � � .
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