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<br /> tiubstsmially rquivalcnt�narigagc insuront,b cv�ver�go i�not a�vxllsl►1a, Rorrower shall p:+y tu l.cixicr �h mcimh a sum equal tc� �
<br /> nnc•twclQh�f tha yourly murtgage inaur�noo pn��nium t�cing�udd b�Hurmwer when tFic insiiraix:o�:��ver:�gc Ixpuvl nr reau�!tn
<br /> i►c in rffc�t. l.enAer will ncccpt,use and rctnin�I►ese�ynxmti us a�uss rescrva In Ucu uf nwrt�i�go (nsuriuxu. Lnss recrrva
<br /> �S�s�z;;.r.tx m:;:;.� !a►tg�:tr_ srjt�#�. r�tl�o c►ptinn�f 4�:iN1cr. if m��rt►;iUtc insuwmce a���en+gc lin�hc mnuun�oucf tiir thc pericxf�
<br /> that(.,emicr requirew) pn�vide�l hy un Imuror uppmved(�y l.��utur urcdn hcc�m�es nvxilnhlo tm�i ic,��'rnni�ir�i. w�nuwc� ,����ii j�;�y--
<br /> the proiulum�rryuirn!tn mufntAin m��ngupe insunnxo in efl'rct,nr to pmvi�ic u lotis reserve,until ti�c rce�uircn�cnl ti�r nr►rtgnge �
<br /> in+urwke erxly In w�curJe�kc wIN�any ti�ritten ugrcrnxnt hetwecu Fkttrnwer uixl l�:ixlrr ur uppllcahlc luw•.
<br /> 9, InxpeclMn, I.encicr or ity a�;cnt mi�y muke rcuu►nuhlo entrlcx u�x►n uixi Inspections oY�l�c Prn(�Ay•l.�'�xlcr til�ull glve N
<br /> Hk�n��wcr rxNl��r ut�he tinx of��r p�lur u�un inti�►ccUun tipccifying rc;isimai�lc rau�c far thc inti►xcUan.
<br /> 1Q.CnndemnHinn. The pnxec�cl� of any�awLnf �,r cluim fur dumuge�, dirert i�r consequentiul, in conncr�lun wftB uny �
<br /> cc�i�lemnutiou ur odire tuking i�t�uny purl uf Utir f'ru�krty,nr for cmwcyiinre in lica oi'ra�Klemnuti��n, i�re frcreby utislgned u�xt t�y
<br /> xhull hc pwid tu l.eixlcr. �,•�
<br /> ln thc cvcnt of u tutal tuking of tbe Pmpeny,tFw pmccedx shull ho nppll��d tn the Fum�c,�cun�1 hy this 15ecurity In�tnmxnt,Q
<br /> wl►cthcr ar not thcu duo, with uny cxccss qaid to Surr�iwor. In tho cvcnt oi��panial tukbg ��f�he Pn�pcRy in which thc fair
<br /> mnrk�t valua�►f tlm Pmperty imn�eciiutely heforo tha t�king is cqunl ta or grcater than thc anmunt nf tttc nunts t,�cttred hy this
<br /> Sc�:urity In�;trument immedlatcly t+ofi�ru tho t��king.unlcss Born►wcr aixl I..cndcr otherwisc ug�a in wdting,tho sums secu�al by
<br /> this Securlry Intitn�mcnt shnll be recluced by tho i�mount of the praeecds mulUplied by tho falk�win� frnetiun: (a) the total
<br /> nmaunt of tho sums sccurcd immcdiutoly befo»c the t�kiog. dividcd by(b)the fair markct vnluo of thc Property immed(atcly
<br /> befaro thc takinb. Any baluncc shall hc paid ui Hnrrc►wcr. tin thc ovent af a panial taking of the Property in which the fnir
<br /> murket vnluo of che Pmperty immcdlutely beforo the tnking ie lesw thsn the amaunt of the sums scrur�d immodiately bcfprc the
<br /> tuking, anless&irmwer and Lcnder otherwise agrce in writin�or unless applicablc law otherwir,e provides,the pmcoads slwll
<br /> be applied to the sums secured by this 5ecurity Instn�ment whether or not the sums ure then due.
<br /> If the Pmpeny is nbundoncd by Bormwer,or if,aRcr notice by I.ender to Borrower thut thc condemnor offcrs r,o r.i.w�Ce:».n
<br /> nward or setUo u claim far clumuges. Barrower fuils to respond to Lcrtder within 30 days rfter thc datc thc nuti<�e is�tive�•
<br /> Letxfer is authorized ta collect and apply the proceeds,at its o{�cr.v�r,eitt�er,to�estoration ar repair of tlie Property or r.o cCr.e aure�s
<br /> �erured by this Security Instrument,whcther ox cw+:r.hen.�tr,r�,
<br /> Unless Le�rr�r :u�c! Borrower otherwi::e ag�:e icn wr��:ii�g. %u�y a�rpiicaQ6on of'procccxls w �n3dr:cRr,�aE sh:�! r.�: exteixd ur
<br /> postpcu�e the due dace crE r.ht muathly paYmen¢s►.efer.n�!ta im, raipk►s 1 an�2 oR chun�e thc arcwuant c�ff s�ch prayinenis.
<br /> ��,g�n����g�,�d��pri�rance By L,endc���KAIVN.Extenseon of tt�timt for g,a�n�nt or�noditication
<br /> nf a�xutic�ai�Htioa c�f thre su�ns securr.d I�y this Secudty Instnmaent�r,:zRta11�y I.en�der Ra ar�y:u,irssar in intere�t of Borrower shall
<br /> not�pca.;,t¢�ta rcicace ttie liabiEn�iv.�t the original Borrower os&rrrower's su�essors in ent.erc:�t. Ler�er ahatl nw ba��.�,uir�.d to
<br /> commcncr qrr+iceedi�a,;;�ugsiast a>>y successor in intenKt or rcfuse to extendl time for paynx��t or otherwise modify amortizatian
<br /> of the sw�rs secureL: ��!; this Security Instrument by reason of nny der�,�d: madc by the original Barrower or Borrower's
<br /> auccesso� i?�:d�R�ec�e:+�i. ��ny forbearance by L.ender in exercising any righ�d cns rtmedy shall no[ be e waivei of oT p�CClud�the
<br /> exercise�iP•�,miy�!r�'t:gh: v�rr.medy. . .
<br /> p�, �;Io-r�+ore ynd Asst�n4 Bound; J�int and Sever�l Lfabil(ty; ��-signers. The covcnants anr agraments af this
<br /> Security�tnstiumant shall bind and bencfit thc successors and asslgns of I.cAder and Anrrower. subject to the provisions of
<br /> paregruph 17. Bortower's covcnants and agreerrwnts shall be jolnt and seqcr�l.. Anv �orrower who co•signs !his Security . ,
<br /> incnvmenc but does not executc the Nota (a) is co-signing this aecutity la�stmrix�il��n9y to mortgege,grant and convey that
<br /> Borrower's interesl in the Property under the terms of this Secunty instnu�Rem:Q�ii is nm,pc:�i�N::1��:��ii$atc�i°p��sltz st�s� ` °
<br /> secured by this Saurity Instrument:and(r)agrtrs that Lender and any otNer�orr��,wer�ainy agitie to e�'tend,modi yf .forbear or �;
<br /> make wny accommodations with regard to the terms of this Security Instrun�ent ar.2hc!�ia�e w�th�ut thet �orrower's consent. ,
<br /> l3.Lopn Clwrges.If the loan securod by thi¢Security Instrument ie subject tn•fl l��,v d�hich sets maxlmum laan c6arges, '� '
<br /> and that laar is finally interpreted so that the interest or other loan churges coUectexl•�nr io'be coUectod in connxtion with t(u
<br /> loan exooed ttie perndtted limits.then: (a)any such loan charge shall be�edluoed by the amount noixssary to roduce the chrrge �•
<br /> to the permitted 1lniit:and (b)any sums already collectal from Borrower.whieh excaded pecmitted li mits wtll be refundod to �;� . .
<br /> Borr�ws:r. I.endqr rna5' choose to make thls refund by roducing the prlmci� owed under the Note or by�tiwk�i h�dl� -
<br /> paYt�ent'.`lo &t�ow�r.•�If a r�fti,nd reduces principal. the roduction w�U treated as a parcial prepaY Y
<br /> pre�i�Yn��t c1u��ge under the 1V�atce.
<br /> '� �,. , 14:Notleee9.Any,notice¢'o�Fi�>rr;�wer provtded fot in this Securiry Instiument shall be given by dellve�ing it or by mailir.g
<br /> �. it by f+rst class tnaii,unless a�9�cnh'le!�w ary,uices us�of another methocd,'d'F�e notice shall be directed to tbe Properey Add�ess , ,
<br /> , or anv.pther address Borrowex`•8esignntc� ►.?;��'�ce to Lender. Any nn�+ce�to Lender shall be gfven by Frst class mail to `, .. ,
<br /> L.etittai's 1�ddress sts►ted herelq;Ar Any o�t►er a�'.fa�rss L.ender designates b�°n�iice to Burrower. Any�otica provided for jn this
<br /> Sau�Jity'i�puument shal�be derir+ed td t�ave baen given to BQrrower ur Lt�pi���r+v1�e»•�i��eh as provi�ded in thls pangrnph.
<br /> • .jt.,��overNng Law; Severr�ility. 'fhis Sccurity �hstrusnent sh3+l� .b¢. gbae�r.r..ed b�y toderrl law and the law of the
<br /> judsd'art;��.ri+n which:ehe Property is lacated. In the event.t7�uc�y}?royS:aion or clau��:�.r this Security Instrurtxnt or the Note
<br /> conflicts.WitO�;�+jPp'.u;i�ble Iaw,auch rnnflict shall not affect at�aet prov�sl�dns of this Securiry Instrument or the Note whjch cu►be ,.,
<br /> giv�n o�'��t�alaR�mre sho cotdllcting provisiun.To this erx!�lte;provisiuns of this Securtty Instrument ard the Note xre declarod�
<br /> to bN�sev�n►C+`te: . � '' • ,'.
<br /> ; 1'b.!t3�i�'�'�i�•er's Copy.Borrower shall be given one c�nforcr�ed copy of the Nae and of this 5�ecurity Instnunenc.
<br /> g7.,����r,��the pmperty or a Beneficlpl Inter�w�t ln�orroNer.If all or any part of the Property or any inter�t in i!"•
<br /> is sdOd a�r;at��+9?�rred.(or�f a beneftcial interest in Bonower is aotd or transferred and Bo►rowes is not a natutal pencon)without .
<br /> I.endet's prior:;lyrttten conscnt, Lcnder may, ut its option, uirc ►r��ediate payment in CufU ot,�Jl sums securod by this
<br /> � Securlty Instrnrnont,�Nowever, tf►is option shall not be exercised�y l..r�x'a�r i F extccise is prohibitcxi by faienl law as of the daro.
<br /> of thi;y Security Ins�rument. � ' 'The notice shall provide x ptriod of not
<br /> lF�pdcr taercises this aptton.Lendcr shall givc Bonrow4r notice ir12CSt1ers�Rin�m.,
<br /> less thun�0 days from the datc thc noticc is delivered a�a mai�ed wichnn a�ic� Buar�ncnver mu6t pAy all sums a�ocurod by this
<br /> Secyriay'B��to:�.�t�x`�S. If Borrower fuils to pay these sums p�ior co the ex�irt�s��a,�►cr!i��:�,�eriod,Lcndcr may invoke any remadies
<br /> pomutStd�y�4�hus�w:urity Instrument without t�cther notice crr demanch u,:n Borbnwer.
<br /> '18. Bai�roweP's Rtght to Rdnstpte. If E3orrowc� r,noets eettai3:a �anditions. &�rrowcr shall havc du tight to I�ave
<br /> enf�vrse,��rt of thts Security [nstrunxnt dtscontinual at arr.y time prlar to the earlier of: (a) 5 days (or such other par�6d a's
<br /> upFrCic:ab�c tuw may spM:ify for rcinstatement) bel'are sale oi' the Property pw'suant to any power of�ale con[:iimxi in thts
<br /> Security Instniment•or(b)entry of a judgment enforcing tl�ih Security Instrument.Those ronditione iu+e thut Bormwer:(u)pays
<br /> I.ender nll sums whieh then would be due uncter this Security Instrument and the Nole us if no acce�eratinn hud a�currod; (b)
<br /> curcs nny default of any other covenunts ur ugroements; (c)pnys ull cxpenses incurred in enfor�cing this Security Instntment,
<br /> including but not limitod to, rcawuable uttorneyn•'fees;and(d)tnkes such uction as Lcndcr may rcusorwbly rcqmre to xssurc
<br /> that ths licn of this Snuriry Instrumcnt.L�cncfer's rlghts in thc Pm}xny und Bornowcr's obligation tn p�y the sums secured by
<br /> this Security Instrumcnt shall �rnlinuo unchungcd. Upon rcinstatement by Borrowcr. this Sccunry [mtrument and the •
<br /> .a�:...�a.,.,<<..•.�.,� n..n�hv clull rclti�ltl FUII4 CffCC1IVC 85 If I10 aCCCICfAt�Ol1�1i1C OCCUit�• Howcvcr,thls nght to�einstaic shull
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<br /> not upply in thc cnsc of acccicrutian undcr purngruph 17.
<br /> 19. Sale of Note; Cf�nge ot LoAn 5ervicer. 't'lic Notc ar u pxniul interest in the Note(togcther with this Socuriry
<br /> Instrunx.nU mny bc snld one ur nwrc timcw wUhout prior nottce to Bnrrower. A sale may resuli in a changc in the entiry(kno►vn
<br /> �thc`Lo:ui Srrviccr")tl�at cullocta manthly puymcnts duc under thc Notc und this 5ccurity Instrument.'I'hcrc also m:�y be one
<br /> nr morc chnngcs aF thc I.vun 5crvicer unrcluted tn a sulc uf tl►c Notc.If thrrc is u rhangc of the Laan Scrviccr. Borcawer will bc
<br /> given written nr�dcc of thc change in:wcordunrc wlth pamgraph 14 abovc and upplirublc law.The noticc will stute tha namc und
<br /> addrcss of thc ne�v Lc►an Scrvicer und thc Add►�ess to which payments should bc madc.The noticc will also rontufn any other
<br /> inforn�ation rcyuired by upplluiblc luw.
<br /> 20. Hazarduus Substancey. 8orrowcr�;hull not c�use ur pcnnit thc prcscnce. usc, ditipnsal. sroragc, or rcle:�sc of uny
<br /> l�a�ardous 5ubstances on ur in the Pro{xrty. gnre�7u�dr shall nut do, nor a(�ow anyone elsc tu do, anything affccting the
<br /> Eh�ny�erty thnt is in viulution uF any Envirunmenta6 Il�w. lti�e prececling twa senec:ni�:^s shall not apply tn the prcsenee,use, or
<br /> xw��r��c on thc Prnperty uf small quuntides of Hcva,��us�_�,��bstunces that ai�:p��nen,�..ay rcrognized�o bc approPriatc to m:rtr..l
<br /> r��i�nti�:�6��arni to maintenance of the Pro{xrty.
<br />— o,Q,a u� Form 9028 9/8b
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