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<br /> " �..f....�,.: substantiallY etlu�valent mortgage imsu�u.�e ouveruge is rn�t avs�ia b��rm ei wheni tphe�t ura�e rnv�era�c laps��ed o . �i, :
<br /> , f F�,.;�..•:F:;� one-twettih of the yeailY as�a$age insurance premium l�e�nS F� Y Qe ins�rance. Loss tescrve � � :
<br /> ` .` be in effe�x.i.�ader will aacept.atse aad t+�sai�o these paYments as a loss ceserve in lieu df�mortga„ a� �,=
<br /> , f ' �-'��� gaymertts may no longer 6e required,at the option of Lender.if ittortgage insursnce Nverage(in the amouni und far the�ri
<br /> PaY �~':-
<br /> � � tl�t Lendef �+e9�s)provide�bX nn iasuiec a?Pmved by Lendcr again becomes avai'labie anif is obraine�.Bame»vec st�all � ��
<br /> . , ., . ti. n
<br /> �`'<� `�'`_, ti.° � w and Lendec or appiicabte law. � � �k�_
<br />. the premiums required to maintain mort e i n.s u r a n c e i n e ff�c t.o s t o p r�a v i d e a toss reserve.antil the requirement for m�rtgage 0
<br /> z� " ' '= i�urance ends in acrardance with any wnuen agreement 6�iween Borm er i.cader shall give e£;-�
<br /> � Lender or its ageac may make reasnnabie enuics upon and inspedions of the PcopeKY• �rw:,°
<br /> � • 9•�� • on r�asonable cause for the inspection. ��;:-:
<br /> .�;.,�;� Bormwer aouce ut the time ofor paor to an inspecri spec►fY1B8 � .
<br /> ld.Conde�un�atton.The ptucee�s of aay a�vard or claim fos damages:direct or corsequential..in connection with an� �"t_;
<br /> '�`;.'�' :`i` � ��nnarion os other taidng of any part af the PmpenY.oF for conveyance in lieu of oondemnanon,are herebY assigned en� �_:j:
<br /> . �
<br /> f;<�, �, sha!!6e paid to L e n der. lied to the s�s e c�r e d by t h is S e c uri t y t n s t ru n�ot.
<br /> ` ° Ib the evert of a mta!taking of the�'coperty.the pmoeeds shall be app' �n whid�the fair ��
<br /> wit:ther or not then dae.�vith any excess paid[o Bormwer. In the eveat of a partial taking of the PropectY � ,,,,,_:
<br /> ''�'""'�� to or ter 3han the amount of the sums sr,cuted by this :
<br /> � - - market vs3tae of the F'�opetiy immediatelY before the takinS is equal S� iu�rrriti a tde sumc serurad bg ��L'-.
<br /> �^� , J.� Se�vritS'Iasuument immediateiy before the takwg.unless Bacrower and Leader otheiwise agrce ib• _ -
<br /> �� ..:
<br /> ,..;, '?� tbis Sea.uity Instiumeat shall 6e�duc�by the ar�nu�of the proceeds mutriptied b3+ the following fraction: la���ate3Y ;....
<br /> . befare the taking;divided by(b)the fa�r market value of the Ptoperty.
<br /> am,ount of the sums secnred�mmediatesy m which the fair _ _--
<br /> . ;=�'� :"�"Y hefore the tat�g. Any 6aiance shall be paid to Eotrower. In the event of a partial tatang of the Ptnper�Y�. __-
<br />...... . . mazket vatue of the Property immediately befare the taking is less thtm the amount of the surns secure�immed�ately before the P--
<br /> "'-��`��:.� taking.unless Borrowes and Lxader o t henvise agree i n w r i t i n g o r u n Iess a p plicable law otherwise prov'sdes.the pmceedS shaA
<br /> , .. ;5: _ be appued to the sums secuied by tbis SecuritS'Insu►u��whether or nnt the sums are then due. r affets to malte ati
<br /> ., -k;, .:'�; if the P t o P e rt Y is abandnned by 8asrower.ar i£after nadce by Iender to Bos�ower that the co�
<br /> . . ,<�'�r-. Horrower t�7 s ta respon d i o i e a d e r w i t h i n�30 da ys aftesaf ��or ta�sams _.
<br /> .::, > :,award or settle a ciaun far darr►�g�s•ly t6e pmceeds,at its optwn.etther to restorarion or repair °�
<br /> �` :' ',`����� • - L.�ender is authorized to mllect and •_�_
<br /> �.;•,•:;�'::: .
<br /> r�<•.:•. < whetheT ar nnt then due. � �;:.`
<br /> ;,�,.. • s�d bY this SecuntY Instt�meut. ta shall not e $or . .
<br /> '-� €� � - _ Bocr�wer otherwise ag�e in writmg. any appl�cauon of proceeds P�i�� ments.
<br /> ' �•�•�=;; � � Untess L.ender and Y P Y���T°��O���hs 1 and 2 or ct�nge the amount of�h PaY
<br /> . �,j.. �' ;.��, ,�ostpone the due date of the u�amHl a or modification -:_
<br /> ,•-.,��;"�. Forbearaaoe�H�er ot a Waiv�.Extension of the time for g�,�u
<br /> ;�J � _.S �• la.�asmw�Pk�i�eleased;. �����y�ader to any suooessnr in i�zest of Samower sAaU - -
<br /> s �� �� ;�f a.��7iz.�ion of ttte sums secare�hy this Sec+uity I.attd�r sltall.nat 6e required to
<br /> .f ��`;�,��t�'� '�' ta retease the liabiGty.af ih�original Borcower or Hotrav�er's sucxessars in interest. , -
<br />_.�,°:�.:':- •�',t�;� ot oiherwise modify am��n _
<br /> �rl�h,J, =`�:;;;��•: r in iute�est or�w excend time for paym� �_
<br /> - ._ c��ce Prooeeditrgs agaiast anY_�hy �n.of any demand made by tir.e.origara�,Barrower ar Baitoares's
<br /> . •- ' •:.of the snms secuied by this Seatt�iy*> su�sercism ri t or iemedy shatl�tmi be a waic�r of or preetude the
<br /> .� ' .'=��,� -succ�'sors in interest. Airy fotbeatatice bY��' S'�!+ f� . • --
<br /> . , ,., '.. exetcis�of any right or reme�Y• The coveaant�za�agree�nenss of this n.
<br /> : Bound;JoSciR,�d Seveial a3ability: Co-stg�e�s- ern
<br /> � ' • la.Snocessors aad A�cs fit the successo:s and assigns of Lender aad Bem�wer.sublect to the pmvisions of ;
<br /> ,-. Seauit}F[t�u�cen�.sb�bind•and'.��e es-who.co�siSns this.�es�nll' :`�.:-
<br /> A'�'�� Q'RI[[S Sj1'd�� I]C JOIIIL� SCYCCd�- ��� .
<br /> paragr�f�.lT. Borrower's coY�•�aS� a tbis Security Insuument oul�'ta�vattgage,•g�and.��� •
<br /> • � ..` . Tnsau��ut daes nut eaerute s3in.L±Bate: (a)ts co-signi g ��t.�����q�atiy q��i.�ed ta p��'t�`�t� :=:r.
<br /> .. �4' . Botrqwef`s int�s�fn the ProPertY undet the u�ts of this Se�vrity .�ar ";; ••'
<br /> • tdat LcR►der and aay other 8orrower�*�.'"�w .��:�Y':,.
<br /> �:' . ,,i.' secur�;by�this SecuritY Insuumem:ac�(a)agcees ���pr the 1�Tata.��aout ttra�t'&ssruwer's eou�eelt. • .
<br /> ..�.��...r �• m�ke,s�';2cc�macndaldons with regard to the terms of this SecaritY
<br /> �:. .
<br /> ;;;1• . 1�;,II,napm Cf�rges.If the loan secured Dy this Securih+Insuument is�b iectod ox�t;u:i,'�:�coA��n����tne
<br /> ' , and tt�af•law is finally uiteipreted sr�ld�at t h e i n t e r e s t or other loan char�e.s ta reducz�j�c�ar8 e ..
<br /> toan exceed the permitted timits.t1i�: (a)anY s�ch toan charge shall be reduced by the,a�►urt�n��u will 6e refimded W =-:
<br /> . to[he perndtted umit;aad{b)a�►Y s�m�a1r�dY rnAected fram Sorrower wluch exoeeded•PGm�►
<br /> r choose to�nake this refuAd by redu c ing t he princi p a l awed under tt�e Nate or by malring a direct
<br /> -- L=-;,..,. Burrower. l.atd�rr maY �aces pdncipal. the reduction wilt be tr�ted as.a P�'P1eFaY�nt Pnthaut any _ _
<br /> - - payme.nt ta Harro+ver. It a refutu�.. , .
<br /> � � �` ' P�P�nt charSe u�cder the Not+�....
<br /> �� . • 14.Notices.Any nodce to F.r�m:nwer pravided for in this Security Instrument shall�t� ven by delivesiag it or by ma�iag
<br /> . •'.�•`� °,';.:..� it by fi�st class mail nnless aPR f��1aw requires use of ano e!�A�0�ce to l.ender shall�be g"i�ven�by Rtst��a s s mail�to ..
<br /> ' ° ' or aay other address Eorrower�,t.�;uates by notice to Lend nY rovided for in fbis , .:;,,' ';
<br /> '" ';�; :Y �,�nder's eddre�s stated herein ar a�y other addzess Lender desigaates by n�to Borrower. My aa�P ,
<br /> . Secvrit7t lmwment shall be deemed ta have beee given to Bnstrumem shall�6��go ear�h�federal Iaw�attd�w of the { .
<br /> - , , . ,;,�.' 1���overning Im�v; SevcmLie�»t9. 't7�is Securiry Insvu�ne�"oi:i�Ze Note
<br /> _ :_-�. juris�+?i�in�which the Pc+aAestyi�rf�lt?�ed..Ln the event that any Provision 4r eJausc o�`iJui�Sccuri ot t8�N�c:+�iSti" x+�be
<br /> � '�* oonfl�cts with applicable law.sucl��*�1ict shal3 not aKect other provislons oi dus Se�siY:3�. , �Noto�SSre�ilecla�d
<br /> �
<br /> - '. givea effe�a+itho�n tite oonflicting proYisloa..'To.this ead the provisioas of this Secufitry'.�� . , .
<br /> �:�-;. ':.., .�Y .
<br /> _ ...,..,.' ;.�_ to be sevetahte, � be en one confosmed copy of the Nose and:�f�this���Y insa�unent�'
<br /> _ . _ 16.Boao�sa�r a Coyy.Borraw�a',sl�all � 'mf the 1'ibFeciy or any�t�i+�rest in it�.
<br /> . . . .. ". 1�.'[1rs�asfer ot the�op�i?!��a��B�eS3da1 Iatee+est in Barrower.If a11 or any pitr+s.
<br /> - ., .' `'• is sotd or twnsfe=red(or if a beng!'�iisi�inte�st in Borrower is sold or trtmsferred aad Bb�z+r�e�i of aU s���b��s
<br /> �'' Leader's prior wrimzn aonsent.:k�`aier may. at its oprion. t�quire immediate payttuntir�. .
<br /> g�ty Inswmen�t,H.�wever,this apt�on shall not be exercised by Lender if exerase is ptoh.�Orted by fedeial law as of the dete
<br /> . ��. ..,'°�.� , '� of this Sewrity+in�ra�at• ,
<br /> . . . t . . (f Lender exercises tt�isd�aPte�e n�odcer is del�ered or maSted within which Bosrowes mast paY�I1�'sians �se�ue�by this
<br /> �� � : �'* less th�n 30 daya from the -
<br /> �..,.,,,, , :. . . I.ender may invalce any remedies -
<br /> Secut�t�insmiment.If Borrower fails to pay these sums prtor to the expirntion aSthis pc�d.
<br /> �;'f�,3�` ;. .,•- t. �r�d by this Securi Insaument�vithout fi�rther notic�e or demand on Boitower.
<br /> b�, �� �, <<
<br /> - •.,,•�..�;..... � �
<br /> . '. :;;: 18. Bossnwcr s I�i to Retastate. If Borrower meets ce�tain oondition9� Bovmwev shaU'l�avo�th2 r�ght to have
<br /> ° ' '�' eat'orcement of dsis Secur�ty Instcument diswntinued at any rime prior to thc��11uL,o�f•�a)5�SY�f����°d�s
<br /> ' � ica+bte law may specify for rcinstatement)before sale of the PrapcnY P Y:D�
<br /> � �`�`'r'�;'; -�' � S�e�w;ty�ltatrumenr ur(b)entry af g ludg�nent enforcing this 5ecurity insmimentr'Chose cor�tioa�s�s�tha���rrower:(a)P�rs
<br /> '` � �',`,.'„ � l,e,nder all�sums wiuch then waatd��b�t�due undec this Secunry instrutnent and thd Notr as if�na accelel�te�r�t�2d oocumed:(b) _
<br /> ' • cures any default of any�othcr oovcctants or agreemen�c: lc)PaYs all expeaqss iaeuv�o�in�enfor�ing thzs�Securirylre t�ume� _
<br /> . :�. ; inciuditt$,but teot Iit�aU:d ta:reasonabte adtomeyy'fces: and Idl lahes s�d�g�wct'�b�s����'��r����y �=
<br /> th�t the i�ert oi this 5CCUrity irtstnuneat.Lender's ri�s m the PtapeRy'
<br /> � this. SOcudty Insuutn:nt�shall continue unct�anged. Upon�minstatement��by�,BbYmwcr:� th�� 5CCUEity�,�ynsuument and ttie
<br /> �Hbnnvun.�this�right to reinstate shali
<br /> _ __ � abtigatians��ured h�bY��°�Y effecti�e as if na accefetation h��T 6ceisemd.. • _
<br /> , . . n�t apply in the case of acceleration under paragaph 17. .
<br /> , . 19. Sate a!Noie;CaanSe oY l.aan Servicer.'i'he Note or a partial��i�lest imth��Narr�,�� with this Sewrity ' _
<br /> s�
<br /> . . [nswmentl may be sold one or more dines withouc�due under the Ndter�esuf�Ui��Sec rity 1�miment.gThere a1so�ytbe otte . �
<br /> .. . • . . . , as the'i.aan ServIcer")that rntlects montAtY PaY� �u�ge -
<br /> '- .������ ' , or more ci�nSes of the Loan Se�vioes uruelated to a sate of the t 2bave and applicable lawh'Ihe notioe will state the e�aad �
<br />- . givea writter�norice of the chaag�i�accoidartce with paragra� should be made.71ie rwtice wiU tjllso cbntain anY other °
<br /> � ' xddress ot the aetiv Loaa Setvlcer u�d the uddress ta whicA PaYme�s
<br /> so
<br /> � � � info7mation required dY apPli�bl�taw.
<br /> � 1A. Hazur�d�us 5uhstannes. Borrower Borrozver shaU aotdo t no r allow anyonee Ise to�do. at��ithing affearng t�he
<br /> - � `: H�ratduns 5ubstances on or in the Prope*ry•
<br /> ♦ ���',.� ' p�operty that is in violation of any Environmental Law. 17ie preceding nr•o sentences shall nrn s�l�y�eo the��to otmal
<br /> . '° of small uantides of Hanrdmu Substaaoes that ate generally recogaize� aPA P
<br /> - - — --- stnrdge an 1he PtvpertY 9
<br /> . :,,,� residentu�l uses and to manuetra�of tice t�rup�y.
<br /> _ . - _ - -. �--• . . vase a ot o Form 3D28 4f°�
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