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<br /> .'..`'.~� ,`.�; ' Bcirower ma�l wre sach a default and re.�stp�as provided(n psra9raAh 18. by c�usin9 the adtcn or Pracee�g to bs i �;
<br /> , d{smtssed rr8h a ndtng that.In lend�a gaod�detert�striaBon.Pre�ndes to►�e7hne ot the Bortower's 6rte�est[n tP►e ProgeRy oc ��.,�
<br /> ,'.j'r.`�,.; O�l2l(I1�d��Iil�l[il�0��l@ Q�1 Qf9��bj►�9 ��.8�/�11S�1t11flCftl OS�SId�6 6PSf[f�lj/�fl�. 8QR0"N�S�8�0�!@� . :`e �r••.,
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<br /> detau�it Bamower,dutto9 tlte[oan aPm6ca�on Praeess.�ve mater�aIIY ffise or insautate 6dum�aSian or stat2m�+ts to Lender(cr . .�;-:;,:'..,
<br /> ,�``�;' '-�, taffed to provids ten�r wSh nny matetlat tntarmaVon)in conne�ion wH!► the toan evt�etced�lf restdenc�.�If thts bSsa�tY `
<br /> �'.�.*,. lunited to. �eA��ons aoncemUs9 Bortawda oawpancf► of ffie Pmperiy as a D�+►dpa!
<br /> tnstrumerd ts oq a teaaehotd. Bartov+er s�a8 aomPb with a�t�e pro�t°ns°�the teasa B Barr�wer acquttes tea ti8a to the.
<br /> . . ` p�o�aty.tha tense�atd end the tee tffie sNal!not m�gs uNess Lender a�s to the merger tn wrttIt[g. ,
<br /> 7.Pnoteatton �!Lendee's Rtghts in tt��rcPeRft•�t earrovrer taas m pe�tam u�e co,re�ams ane acyeanen�a ..
<br /> , - . `".�: �ed in tREs Seaaicy InstrumenL or there is e tegal proe2eSng that may signfficanBY afteet Lend�vs�tgMs tn tha ProA�Y -
<br /> � ,,,, `�.'. (such es a procee�'u►g tn 6�rdar�tcy.Pro�tor condemnatian ot fottetUtna or to e�torce taws ar�egutations).then Lender may , �`".
<br /> do and p�y for wt�atever is nea�ssary to proteet tRe value ot the Proyerty and Lender's rigRb in the Property. Lenfler's ac8ans � � }
<br /> , �:� may inr�de A�Y�4 enY sums senired bY a i'ien whkA has pdariiy over this Seau�}/ tnstn.�merA.aPA�9 in co�A. Pall�9 •. � � .
<br /> �--
<br /> , . reasonaD(e+attorRaye'tves and adedng on tne PrapeRyt t�make repaUs.Aiihou�Lender may teke adian under�t►ls para�apA ; :4..
<br /> .. , .., . 7.la��der dnes nat Aave to do so. ,`�:;:�.:
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<br /> � My eirtaurts�sbutsed by Lender under p�a�aph 7 spa0 beonme ad�ittonaf dehi at Bortovu�sernued bY thts Seau�ll � ;�
<br /> .'�• trtsWme�ri. Unlass 8ortower end L�der a�to oth�tenns of payasent.these amowAs sha0 eear Uten�st trom the daLe of � . �`
<br /> ri.
<br /> .. . dfsbursert�t ai tAe Nota caba and shaQ he payaDte.w8h 6rterest.uPon natiee fmm lender to Bormwe�equest�9�y�. � _1L:
<br /> � ..� ; C .ar.r—�
<br /> , , �-�.::-. 8. �IROTtgB$0 lll8U�8itL'9. It lend�requ�ed rrtartgage tnsurance as a eand�lon ot maI6ng the Wan seaued by this -�;�
<br /> ( `' d to the rnartgage ins�uanee in eftect.t1.tor any teason.tAe . .
<br /> _ . Securfty(r�sCUmenL Bo�ver sAaO pay the pr�nTums�quire malydatR
<br /> � mortgage in s u m nce coveage�e�Ued El►L�d2r tapses or mses to be in efteel.Berrow�shatt pay tRe RremLm�s�d�ed m � '' ��:`
<br /> _ �. '�,� oLmfn emrerage s�+bsffi�!I�w�rat�nt to the mortgage trtsurance p�tausty tn diect.at a cast s�stantia➢y equ�Yate�to the � ���°;':��-.
<br /> -��a. cost m Borrow�ot ths rtmrtgage fnsiamice prevtousy In efteet. ttom en aftenffie morOgage tnsure►ePRmved blf 1�der. R �`-
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<br />� ��`• • •�< �. SubshntiaIIy equtva�!mortgaSe Irtsurance cove�age is aat ava7a�te.Borrow�shall pay to la►der eaeh mortth a sum equal to };:. '
<br /> . anetwelRh ot the gle��ty mmt�ge fnsutanee pranium 6eTn9 Pafd bY Borrawer whee tAa ins�uance coveags Iapsed ar ce�s�d to l�.:..';;,;,
<br /> -�' :�� he tn eftect !er[d�wal aaep�use snd retafi these payments es a Ioss�eserve in Qeu o1 mortgage fnsuwnc� Loss reserve ;f��..:.
<br /> ',`�. . .� insvrattoe t�v�a ,n tRe amatmt end fot the pectod - ..
<br /> � . paymants trtay►no tonger be cequhed.at fhe optton at Lend�it morigage 98 l� ``�
<br /> . . • thai L,�nder�equite.sl ProvidQd by an� aDAroved bY Lmdi�again becames ava�te and is obtah►ed. Bortow�s[m{!pay
<br /> i the pm�s req�uired to maUrta6� martgage tns�uartae(n eftec�or to provMe a Ioss resenr�u�ml the req�remeM Tor mar�ga4a
<br /> ... ':: r:r';:�. 6elwePn Bomower end Lender or appV�te taw. �� •`=f
<br /> ;� i�sutartce en�in aemrdanee wdh any wr�ten a�ertt , . _
<br /> 9.InspeCttott.lender or[is aged may make reasonaDfe entrlas upon and b►speGions ot the Property. taiQ�shap gNe ,,.�,:,:.
<br /> , .� ..,
<br /> ,:: ':.' s BorroYYer notfce ai the time ot or prtor Lo en fisp�fiact sDedi�f',n9 masonabte cause tar the inspection. :.I,
<br /> ' •.: �:` •'`� 10. Condete7ffatton.The proceeds of any award ar�Jaim for damages,daect or canseqeaenUal,in consre�tan w3h any
<br /> ,�T��,;�. f.� candEnmatton or otRer taldng of at►y patt oi tlie f4apery.or tor wnveyance tn II� ot condertut�Hon. ece Ae�eb�l asst��er►d
<br /> � '��Si '°y` shaD be patQ to lend� � __
<br /> ; �} � ; (n the aveM of �tota! teWng of ffie P�operly. the pmceeds shaU be appGed to the sums sewred by thi� Seatrity
<br /> � I n s t n a rt m�w h e t h E r a c�e t t h e n d i u e.w(t h a n y e x c e s s p a t d t o B o r r o w� In the everrt of a pmUal�g ot the Froperly(n wfitcR _--
<br /> � � ��.r�;�.���. .. the fa�madcet vaAte d the Fioperl5►immediat�Y before tfia taldn9 is e9ua1 to or�eater than the amo�mt ot the surtes seaued
<br /> e5 �
<br /> .. :x��.�{,fi, by t�g�y Ins4ument 6mnediately before the faking, untess Bonowar end t.�der otAavdso agrea in wdting, the sums -
<br /> :.Y ''a� e... ; seCUt�:�11�3ecuriry h►sWma�t shaA 68 reduced by the emaurd ot the proceeds muR(p3e0 h•f ths toAowtrtg fract[on: (a)the r-�
<br /> tc�i enr�+t of ffie sums sec�ed fmrne�ately hefore tfie ta[dng dvtded bll Nl the taG ma�t vktue of tne Rteperly 6mne�ielY
<br /> r .,. •, : b e Ec;g'pi e t a i d n g.A�c y 6 a t a n c e s h a D b e p a t d t o B:r x�a x e r.f n t h e e v e t rt o f a p a rt i a l t a i d n g af the�o p e R y Gs v�Rfch the tafr maricet �'�.__ .-
<br /> � ' .�: :F vatue ot the Propefil.u�m�edtc�tety 6etore the�.i�less than the emount o!Vre sums secured hnrt�e�iatel�/6dore tha taldng. f
<br /> :-- --- untess Sorrower Rnd'LPnd� otAevwise �qree�=,r�tng er unless appflcebte favr athe�wise priovtdes. tAe t►raceeds sha0 Ce C�- .---
<br /> , �qDOe�to the suma s¢aued by this Security Instrume�t whether or not the smrts are the�due. � -..
<br /> et
<br /> .: -�;. If Vie Pro p e i i y is ebandoned tr�.B�roweR cr ff.after noflee by Lende�to Borrawer that tha cond�nnor ofters tn malce an �: ,
<br />� : .� �:� awacd or setfle a da6n tor dert��8orrower te�7s to mspond to Lender within 30 days aRer the date the nottce is giv e n. _ ___
<br /> , ' .�.- Lender is authorized to coVect end epPty th9 proceeds,at Us op�on. efther to resWiatlon or repair o1 the Ptoperty or to the _
<br /> � . . sums secured by th f s Secu�y In s tr u men t,w t�e t h�o r n a t t h e n d u e.
<br /> s Un�ess Lender and Bartower otherw}se acyee in wriNng, any a�p4e�on o1 proceeds to pdndpeF shaA not �dend or =
<br /> � `�.� o on e t he d u a�t e o f t h e m o r rt h'y p a y m e m s r e f e r r e d.t o t n p a i s�a p h s 1 e n d 2 o r c t f e n g e t h e a m ount of such:p a y me�ts. _
<br /> . . ' .�r p 5 41. Botrower �fot Retea�r-�#: Gorhaaranco�Si�er Not a Waives.Extenslon of the rrme tor payment or �: _.
<br /> • � 4 --
<br /> � � � � mo�iftcatlon of emmtimUon of the e�s�aue0 by this SeeurAyt Ite�wr►ent granted by Lender to any�sucoessor tn int¢rest ot _
<br /> . . � Berrower st�a0 not operate to relesse the f�ct`.t3ze erigtrat B�rrower or Bortower's successa�s�b�teresf. Lende►sAaD aoi "
<br /> � � ' he requtted to commence proceedtngs�m�f Br.�.s�ecessor in inte�est or re�sa to ext�d time tor payment or othenMse 4,-:
<br /> � � ' , � � mod�emortizatlon of tGe sums se�a�red hy tki3.�f�nstrument by reasort at�.Erry demand mada by the oflginal Bortower or
<br /> ' � �;�� .`•-:� r Bart�suel's suceessors in (nteresL Rary tarbe�rance by Lender in mcer�cf�(ng aity dght ot remedy shaD not be a wai�er ot ot � _ _
<br /> . • . . predsi�the e.xer�se ot erry dght ac r�nedy. ,.. �- .
<br /> . ' i�. Successors and As�gns Bound: Joint and Severa9 L�al�ility Co-signera The eovenants�a�rd . � �.,,_
<br /> ' � e�eemerrts oi Ws Security tnsdument shaD bfid and bene5l the successors artct essl�s o1 lender snd Bnrtovrer,s�b]ect to the __...-
<br /> � .'.; provisions of pera�apA 17. Borrowda covenanffi end a�eeme+tts sha0 be jatnC end severml. Any Barrower who eo-slgna thts � • �:°__;
<br /> � . Sea�tiy Instrument hut Qoes not exealte the Hote: (a)is eo�l�ing this Sec�.y Instrument onty to moRgaga.�ant and comey �:_�
<br /> • � �.��• '' thaf 6krrrower's hnerest in the Property unQer the tem�s of this Security Onstrumer�� (b) is not personelp►obUgated to pay the
<br /> e
<br /> � suc�wrured by thts Security tnstrumeM: and(e)a�ees that lertder end any other BorraNer may a�ee to aQend.modify, �-�--
<br /> � � : tcctre�r or make a�l aa:ommoQaUons witR regard to tfie tem�s ot thts Secudry t�sWment or the Note wRhout that Borrov�er's �=°
<br /> , � � � �nsrnt ��' .
<br /> � 13. �,p311 C!:`'�fge9. H tha loan seGU+e�by this Secutiry (nstrumer,6 Is subJect to a law which �efs maxlmum loan ;�:�_.
<br /> . ' , cha�y,and tryat(av�r is flnaQy(a2erpreted so th�S the tnterest or other toan ch�+ges caQectad or to be co�ected In wnr�ecUon ��°
<br /> � • `• vifth 9te taan exca¢d the permitt�d Cmits.thert: ta)any sucA loan charge shaD be reduced Ey t�e smour�!aecessery to reduce
<br /> ' . , the eharge to the permi'iLed lirtd� end (b)any sums aiceady ceUected irom Borrower whf�«acceeded pertnfited Itmits MlDi be
<br /> • - reflmded to Bortower.Lender may ehoosa to malce Ws ceNnd 6y reducing the pMdp� ov►ed wder the Note or by maWng a _
<br /> ' � direR psyment to Bortower. if a refund �educe9 ptfncipab the reduciion v�iD be treated as a partta! prepayment wftAout eny
<br /> ' • . � ' prepayment charge unEer the Nate.
<br /> 14. N041Ce9.My noUce to Bortower ptaviQed tar in thls Seaiuity Instrume�A shafl be gNen Dy detivering it or by m�ng H
<br /> a •�
<br /> � by Brst dass m30 untess apy4cabte tav�requir�s use o1 enothas methad The nottce sha0 6e duected to tha Properiy Addtess
<br /> � � or arty ather aQdress Borrower designate9 by noUee to Lender. My notice to Lender shaD Oe gtven by fast dass ma+7 to '�:
<br /> � tender's admress sfated herch�or any other ad�ess Lender dsst�ates by noUce to Baaower. My naUce provided tor in thTs �
<br /> f
<br /> � ' Secufity Instrument shaD be Qeemed to have been giv�to 8urrower ur L¢nder when gfiren as provlded In Nb paragreph.
<br /> • • 1S. Qiaverning L�Fittr S9vot'861114y.fiis Seauiry tnsttument shaU be gavemed by Tedeial taw and the laea ot tfie
<br />-- . Judsdlot[on in which the Fraperty is focated. In the event that eny pravision or dause of this Secudty Instrument or the Note .
<br /> - � • �tefa vi�th appBeabte faw.sueh eordilet sha0 no!aNeet other provlsians o1 tNs Seeufiry Instrument or the Note which ran be
<br /> � given etfect wlthout the canfli�+ing pmvision.To thls end the provfsions ot this Securfty(nsuument and the Note ure dectared to
<br /> be sever�Dte.
<br /> . ` ' ' 16. Borrawar's Copy.Barrower shaU be gtven one eontormed copy of the Note end ot this 3ecudty Instrument.
<br /> ' ' -�. ..� .._._. c+otglta�i nAA Cnge 3 of S � .�� .
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