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<br /> . huhtitantially cquivalent murt�*t�ge inu�runcc cuvcruge ih nut uvailable. Hnrro�v�r shnll pay t�� (xn�ler rarh munth a �um cyual tu
<br /> • onr•twel�th r�f�hc yeurly�uortguMc iusurance pramium being paid hy Ho�r�necr���hen lhu in+uranec c�,�•eruge lup+ed ur�-ea�ccl tu
<br /> ix;in cl�lcri. LAitdrr H•ill u�ccpt.u,c und r�tnin thc�c pnymentti a• ;i lo,s r�,crvc in Ilcu ol' u�uiY�!n��� imurunrc. l.u�. rc�4rvc �
<br /> ruv��u:ui�.m:.y nit lonuer bc rci�uirctl.:�t�I�c u��tiun ot I.�•ndcr, if mi,rtE�i�!c Inaurancc ciwcra�u lin thc nmuunt und lar tl�`,,,�n�K1 �
<br /> a.._...... .. :�..til..... 1 1 � .
<br /> l�lUl �.LI1t�L'� r�quir�ti)pmvidcd hy un imurcr appnwr�i ay i.�nu�� ��Knui ut«nu�.. .i�n.•.��,�.. ...�:. .t.t!4?l:pttt'l!. '.... --
<br /> . the prc�»luu�r�rcyulred u►mahttain murtgu�c in�urance in cticct,nr tu pravido n li►„r.�,cr�•►.until thc r�i{uircment ti,r�n��il�,up�� �
<br /> hitiuruni��:andn in ucr��rduncc witli iui��wri�tcn:igrccmcnt Ikta�cen liorn�wcr und!Atx1c�-ur.ipplfrahl�•1��«�.
<br /> 4. lu�pretlnn. Lruder��r itti �iErut n�ay mukr r.a�unublc c�ilrie, u�Hro uiul inqx:�Gum of d�r I'ru�x�ity. Lender eiiall �ter
<br /> 13��truwcr n��ticc ut tl�c linx ut�ur priut t�►un fnti�:cdt�n��xcifyinN rru+�utahlc cuu�r fnr Ihc in+�xcU�+n.
<br /> 111. l'��nArmn�tluti. '(h� pr�kced, uf miy award i�r rlcnni tar daunagc,, dircc� ur r�muqucntiid. in runncrti�m �iih uny
<br /> condcnuiauimur utl�rr iul�in�; ul'aua part ul thc !'ruprr�y�. n� fnr c�nwryanr�� in lieu i�f ronilentnnU�m. .ur h�rrh� �i,+i�ncQ niHl
<br /> �liull t+e paid In l.ciKtcr.
<br /> In thc evc�u uf a tut:d�uking af'thr F'ru�rty,thr pr�krcdti,li;dl hc a��pli�al tu Ihe �umti rccurcd hy thi,5ccuriry Im.�run�cnt.
<br /> whcihcr ur nut then duo, N�ith�ury cxcr+� pt�d to Hurr��wcr. In tlic cvcnt nt'u p.minl tukin�;uf thc Ar��perly in whlrh ihc liiir
<br /> murkct vuluc��f thc Pro{x�rty immcdiutcly hr.fiirc Ihc tnkh�g is cyi�ul to ur R��:uter than thc imiaunt of tU�,um+�ccurcd hy this
<br /> Security Intitrument inunedf�Uely lkf��rc�h�inking,unlcss Horrawcr and I.cndor c�llkrwl�e ugn:e in writin�.the+ums,ecurG�l hy
<br /> this Seeurity Inr:trument shuU bu reduced hy the umoum c�t' thc prc�ceeds multiplled by the following f�a�tion: (+4 the t��tul
<br /> nmount of thc xums secured immcdiutely Hefi�re the talcfng, divided hy (b) the fair mnrket vuluc of the Pro�rty imni�liatcly
<br /> tx:fun tFzc �.iking. Any bnlnncc shall Nc pald t� aon�wcr. In thc evcnt of n p►inlal taking of'thc Pn�periy in which thc fair
<br /> ttL'dr,�C4 v�iv.�:af the Pmperty i�2�xe��ciiatel� hefi�re the tukinF is Iess thun the umuuN of the sumh ae�:urcd immcdiut�ly befure the
<br /> taA:inF, unl���Barr��cc a.�xl d.en�fe��*therwi�c ugree in writing or unless uppUcuble luw otherwi�e provides, the procced� shidl
<br /> !r appqie�i to the suc�s v:�urac�hy Ehis Se�uriaw�i1�trument whether or not die sum�arc then due.
<br /> It the Prop�m is ahandct�x�h 6y B+�rcv����r.�?�if,ufter notice by Lender to Dorrrnver thid the c�ce+icnirr�.rti offers t�s make an
<br /> uwanl ur�cule a cl:um ti+r�t;uie.�ir+. &.rn�w�cr 1'ails to respimd w L.enSer v�ithin 30 days ufler tCr.�d.:r.ce r,tie nutice is�;nr�n.
<br /> l,e�dcr is auchurix�Yi w rullert�rKE aFPI�' the g�nntis�ls,ut its optiun,either ta restcttati�n crr rcp:�ir��h�tLtir�aa[�eny or[�r the suma
<br /> secunxi by thi+5er�n�rit��Instrucne�afl.�vh�ti�tr or�at thcn due.
<br /> L.�nlesti I.t:ndFr a►x1 Borrower uthen�iu� at•�ee in writing. any uF�nlicaeii,�a u1' �rra:eeJs r.0 princip�l �all nnt txterxl rar
<br /> pc�stpo«�e the due d�ite uf the monthly puynxnns eefemd to in parstgraphs 1 aeu9 2 c�r r[�nee t(te anx�ue�t nf�ucft payments.
<br /> l!.Barrower Nnt Rele.�sed;Forbe�rxnee Bv'Lender N�R a�Yaiver. Ext�:nsic�n v6 the tiQ►�e tor p�ayment ur nxxlifi�ation
<br /> ot ama•nxzution of the sums secured by this S�.'curity lmtcurrten�granted by Lender to any suc�.�essor in interest af[3orre�Wer shall
<br /> not cy�rale to retease the I�ab�lity v:the ong�nal 43orrower ur i9.t�ROwer's successors in i�atereai. Ixndcr shatl nat be rs�{uired to
<br /> coromence proceedings against any� .e�ccessor in intemst or r:Ytiae to�extend time tor payn�ent or othenvise madify us-��:vnization
<br /> of the sums sccurcd by this Security Instrumc�z. Ny reason of uny demnnd made by thc orlginul �.��nrwer ot�rtower's
<br /> successors in interest. Any forbwrancc hy!_tier.��.:r in exercising any right ur remedy shull not be s�ti:hs���:r of or preclude the
<br /> exercise of uny right or remedy.
<br /> 12. Succ�ors s�nd AssiRns �3�z+a�tl; .7aint and Seversd Llabillty; Casteniers. 'I"he covennnts a�d agreements�f this
<br /> Security Instrument shall bind anJ �cn�fit t�e successors and assigns �f Lender snd Borrower, suhject to the provisions of
<br /> parngr.+ph 17. Borrower's covenzuny and a�reements shal! be joint and uveral. Any Borrower who co-signs this Security
<br /> Inctnimerd but does �ot execuce fhc i.vic:te�e i.ca-si8nisiS thl�S�ursY t�.t�m,ent onty to mortga�:�,.�tcant:ux1 ecmvey that
<br /> � � Borcowor's fnterest in the Propc�ty under the terms of this Security Instrument; (b) is not personallp�al��a�;�ted tn pasr the sums
<br /> • se�eura�by this Securiry Instrument;and (c1 agrees that i.ender snd any other Borrower may agrce to an'�s%n3.mod�fy. forbcar or
<br /> . tt�ul;c einy,uccommadacions with regard to the terms of this Security Instrument or ihe Notc��ithout that•&�rro�roy'.:���nt.
<br /> • 9t.•1.1,oui Char(tts.if the loan secured by this Security Instrument is subject to a law which sets maxim��rta�a:rn charges,
<br /> � and lh�t iaw is finally interpreted so tbat the interest or other toan ci�:u�ges coiiectcd or to hc collect�d in co�t's�:ti���+�th the
<br /> ' toan exceod the permitted limits. then: (a)any such loan charge sl�all be reduced by the amount necessary to re►iuce 'the chargc
<br /> • to the permitted limit;and(b)any sums ulrendy collectal from Borrower which exceeded permtttetl 1'nanits will be re(undal to
<br /> • Borrower. Lender may choose to make this a•:•fund by reducing the princlpal owed under. t1►e Nc+t4 oc by making A dir�ec:t
<br /> payment to Borcower. If a cetiv�nd reducts �rincipal. the reduction w�ll be treuted as a partial_�?rtpayment w�thout eny
<br /> pnpayment churge under the N�a�la. �.
<br /> � ld.Notices.Any ttnticG tn�3oirowe�(�isi��itled for in��is;5ecurity InstrumeM shall be given by delivedng it or by mailing
<br /> �� it by fic�t cless m{��d ua�l��app�9qable law r�i�uires use:af s�n�a1t�P�method. The noeice shall be dicected.to che Property Address
<br /> ' ar any other addx�eu �o:�o�`rer.eiesignata by- notice t4 I:cnder.�Aa�,j. i�,r,ice to Lender shall be �tb�v��by first class mail to
<br /> i.ender;s address ctated herein qr any other arjdress Lend�;i designu2es'by� �:ivtice to Bonower. My c+ociCe��provided for in this
<br /> S�:c��:ri•nrInstrument shall be deemc.0 tv have been given tn iAorrawer or�i.��nder when given as proviele�l ia��ah�is parngraph.
<br /> st�.f;overntng Law; Stvsrn`hi36ty. This Security u�suvmcnt shall be governed� MX fixiora�l �aw• ad�t��3� ]�w of thc
<br /> ju�is�i.i�titin in which the Pcapertv i�]o�:atetE•.xn the event thut any provisior,or clau.s�a�f�i4�iy�uriay Ir►5�ttui��'n1,nr lhe Hote
<br /> canflicts with applicable law.suc�.con��ct��nt�1f not affect other provisions of this S�xi�rity i�istrut�eni o�Rhe Note.t��;�Mh �a�►�
<br /> given effect without the conflicLing�pr4vision. To thiti end the provisions of this Seeut�ty lnstrurnen2 au�d the Note are declared
<br /> to be sever�ble.
<br /> 16.Borrower's Copy.Barrower sfial� �given one confornted cupy of the Note ancl of this Security Instrument.
<br /> 17.Tnnster ot the Property or.�Heneflcial Inter�st in Borrower. If all or an}�tut of the Properry or any inter�st in it
<br /> ia suld ar truisferred(or if a ber��tiv3�i intnr�.4t in Borrower is sold or transferred nnd Borrower fs not a nawral person)without
<br /> L.erstlxr's prior written consent..Lender m�+y, at its option, require immediatc paymunc in full of all sums secured by thls
<br /> Sec��a'it�Instn3mena.Howcver.this option sh�dl acx be exercised by Lcnder if exercise is prohibitec�hy'fbderal law as af t�e dacc'
<br /> ' � of'ti}i,Security insin►ment.
<br /> It i:ender cacrcises this o�tion�L.ender sh�11 give&►rrower notict of aa.�eleration. 'Che notice a�uU,provide a pedod of not
<br /> les+'t'han 30 days from the dat�e t'he notice is delivered or mailed w[thin whlch Horcower must pay.�If s�ms sec►ared by this
<br /> Security Instrument.If T3�rrow4v Yails co puy these sums prior to thc exp[rnt�nn af e�,is period.l.ee�ie'r r,wy�m��CC�ny remodies
<br /> petmittai by this Socurity instrwam.nt withc�t�h+�uither notice or demand on Borrowar.
<br /> lg. Borrower s [tlgbt t¢� lTe��la¢�. llff Borrower mccts certain conditinns, Aortower s4��i14 �►ave the right to huve
<br /> enfurcement of thts Security qrtast�ru�w�ent d'ascuntinued ut any ttme prior to th u uant t f�an�s w r�of s.�le co tuined n�this
<br /> applicuble Inw mAy spcctfy f�,�r r,�instatemcnt) before sule of the Property p Y I�
<br /> 5ccurtty Instrumcnt;or(by entry of a judgment enforcing this Security Instntmc�nt. Tl�osc conditions are that Borro�vcr:(u)pays
<br /> Lender ull sums which then�vould be due under this Ser.urity Instcument and the iv'ote as if no uceelemtion hud c�ccurced; (b)
<br /> cures any default uf any ather covenants nr n�reemeats; (c) pays;�ll oxpenses incumed in enforctng this Security_[nstrument.
<br /> including.but not limltai to.�nnbic uttorneys•' fe�s; und (d)takes such uction as Lender mny reasnnably requtre to assure
<br /> that the lien of this Sccurity Instrument,Lcnder's rights in thr Propecty and Bomuwer's oblE ntion ro puy the sums 6ecurod by
<br /> thl� 5cruritv Instrument shaU �wntinue unch�ngcd. Upuii rcins�atement�b�y Borro�we����AVe�r.�l�i�yriehttto reinstat�e shall
<br /> (1�1���ations++ccurccl hcreby shatt rcmain iuiiy ccicciiv�u,ii irir o�,��..............:...---.--. --- - - ' —
<br /> not s�pply In thc rasc nf acccicr•rtiun unr.lcr pun�rs►ph 17. .
<br /> 19., 5rle n� Note; Chan(Re of f,.own Servlccr. The Note nr a partial intcrest in the Note (tagether witb this Security :
<br /> Instrument)may be sotd one or mom tinxs wichout prior notice to Horrower. A rule nwy rcsult in a chunge in the er�ti�y (known
<br /> u�the"L,uan Servtcer")thut collccts mnnthly payments due under the N�te and thie 5ecudry Instn�ment.Therc alsa nwy be one
<br /> ur nwrc ch�nges of thc Loun Servlcer unrelutai ta u sule uf the Notc. It'there i�u change of the I.nan Serviccr. 13omower will be
<br /> gfven written notice�f the chunge in ucmrilunre wtth parugcuph 14 atwve wx1 applicuble Inw.The nottee will stute t1M name anJ
<br /> uddress of thc ncw [.oun Scrvicer und thc uddrcss tu wMtrh payn�ents should bc mudc. The notice will also rontafn uny othcr �,,�
<br /> infornmtiwt required by npplicable law.
<br /> 20. H�rdous 5ubstaners. 8c►rrower shull not caux or pecmit the preu:nce, use, disposal. storoge, or rcleax: of uny
<br /> Barardous Substanccs �em �e �� thc Property. BnrroM'er shaU not do. �wr allow anymx clse to du. anything affocting the
<br /> prcry�erty that is in via�Catce►re rni any Cnvironmental Law• 'fha pm�redin8 two sen¢GiTa.-s shall not apply tcv r1b°bierscnce, ux.or
<br /> sc�age on the Pra�percy ao�'��r.;�4�quantities of Huuirdous Substances that�r+e genA:v;xR4� recugnized to bc;�rpu<c��vi:;te tu normal
<br /> _ residenti�il uses nn0 t�r�r:uenECira�nre esr"ai�c��o�rty.
<br /> v.Qe 3 a�e Forea 902e 9180
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