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<br /> ' j , Bortow6t may Cu�e sucA a defatiA end remstate, as Rrovided in P�S�Ah t@, by causing tne aetion or proceedmg ta oe � ,�- <
<br /> �_ . �y � digmissed wRA e rul�r+9 that,in Lendet'S$o0d t0@tt detetmlrtBUon,prectudes fortedure of tha BoaowePs mtsrest u+the ProOerty a► t .
<br /> ` 'r .� othgr mgte[;at tmpa6ment o!Ne tFgn cce8ted by this Se�cr�ty tnsuument or Lendefs seeurity �nterest. BaROwer sna0 a�a be a+ ( . .
<br /> . �. t . �stauR i!Bortower.during tt�e loan eppGcaticn process,gava materiatty tatsa ar in2eeurate a�tortna6on ar stataments to Lender(or� 4, ` •,F,��,
<br /> •� fai�ed to Provtda!e^d�wdh eny materia► iMortnation) in connectian wdh tna toan evtde�+ced by the Note.inc�d�g,but nat�
<br /> � t'anited to, teQresenffiUons COntmning Borrower'S oeeup�cy of the PrapertY as e D�C�at reStQence. tt this Ss�►rity p !:•_ ,
<br /> • , � i InsWcrrent Ls On a t2aseIIaiO. Borrovrar shan eompry vi�h eB Ne provistor3 ot the�ase. If Bartower aeqpires tee trtte to th�
<br /> • Piropgrry,the tEaseAOtd and tha tse t�Tte shall not merge un(ess l.ender egrees to the m�ger 6s w�irt9. � ,`
<br /> ° ; T.�P r o t e c t t o n o t L e n e S e�'s�3 i g h t s t�t h e P r a p e r t y�-�}e o n oW e� raas co oer►c�n�ne eovenan�s a�+a a�eemen •. � � .
<br /> . ` . , . eonte�t9d(n.thts SeCUr�y lnstrument. or thsre� 8 legal Proeeed'mg that may sigrideanty.afteet Lenders rigAts in th9 Prop � .
<br /> isue h as a p ro e e e d'm g t n b a n u s u p t c y,p ro 6 a t e,t o►c a n d e m n a t t o n o t f o rt e d u r s or t o entorce taws or r e g utationsl.then Lender ma �' � �. `. �
<br /> �' � do end pay tor whpta�er is necessary to Drotect tAe vaIlca ot the PropeRy and lendar's rigrits in the Praperty. 1.sndafs aetion s i� • _
<br /> .`� may rt�eNde paying any sums secured Ey a Gen whleh h85 ptiGr�y aver tAts See�l Insbrumen� aPPearu�g in Court. PaY�� • ���
<br /> _:,r.--;: . reasOnab4a ettomeys'fees and entering on ths Rcope�ty to make repa'vs.ARhougA Lender ma�i tatce acUon under thfs paragraph - _
<br /> -- - �--- T.tender does not have W do so. --- -- -
<br /> � � � ° Any amounts disbursed by Lend�under paragrapA 7 Shall become adddional dabt of Borto�ver 5ecured by this Sea,rny - •
<br /> ' Inshurtsen� Un�ss Borrower and lend�agree to othar tem�s ot payment, these amounts sha0 bear fntar�t from the date of .
<br /> . dishnrsement at the Note rate end sRaft be Daya6la v��tA inte�es�upon noHce from Lend�r tn Bortower re4uesto+g QeYma^L ._ . _. .
<br /> 8. Mortgage Insuraim�e. If lender requaed moRgage(ns�uanca as e condiGan��•makin9 the tosn seaured by this .
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<br /> SBeutitY lnstrnmert�BOrtower ShaB P8Y ti�e Drertir�ms re4uhad to�t8tn thB mt3ngaSa ins�:r�itt�ffec4 M,tor 8nY rea&on�ttt9. -- -
<br />. mOtlgage msuranCe CweraBa tequtred by LSnd�r taPses Or ceesss to�e�rti:, .�Bornawat s[tall pay.ffie ABmtums restu(red t0 •,t ._
<br /> • � abffihi cover8ge substsntialP/e4��ivalent to the martgaSB insur8nce p�j�d'�its 6flecti af a'cc�t s{t`'r�m:ts.��e4+�ival�n2 to ths :;,.�' _,;;�. ..�..
<br /> *f cast to Bortower et the martgage�suranee O�evtausy in eftecl. trom srt��ate mortg$ge @lsu?�'(�g�icad by l.endar. it -,%.
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<br /> �'� 5ub5tatttl2RY e<NN8�2nt mor[gag9 mswanCe cov9rage LS nat sgaBeble�.Borto+rrer SheII pay t4 ta9ade��fq•%rn.,st�s a sum equa�to ,;'`�};•,.. ' e� '',
<br /> • ,' ane�twetfdt at the yearly mortga$s insuranca preyiaim Deu�g�id by Borrower when the irtSUi�nc�Gii���eG arc�:tv c : ,� _
<br /> ` . ?.� Ca In efteCt. Lsnder wip&ceept,use.8nd raiaj��*.ese psym�as 8 Ioss reserve in�u ctl;rn�h���t�.e�ie �>�"� '.{ s s ��;'
<br /> ��i payments may no tonger 6e re4�cad. et the�._ �'01 L'ende%�mortgaSe rtms�ee coverag��'m t[�e�_l�;r s�t�?s,�i f�t�i A:�-';` ` ��. ...:,` _
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<br /> 4�f � �'�, � �: , that Lender require5l Provided by en msures; •.r�7?�r,aed by Lender again Oeco�r.es availabta an�l.ts o6t�i�r�. l�wer�`c�PaY�� , } ;� �_.
<br /> ff��`'��.�, .�;t the premtums required to maa�tain inortgags th�iance in eftect.or to provtde a ross resmvq. unf�'•ihe;9r� .,'s��t tcr�tga9a •. ,, 7 �<'a`. :
<br /> f��.�?;s . .� .. c+surance ends e�ectardance widt any w�t�►agreeinent betwean Bonower and Lender or�J'w�abte�faJi: ..;- . . :
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<br /> • , ��.�r..•�:,. . 9. IItBA�Ct�Ot1.t�ender as ds agent may malce reasanabla enuies tipon and inspeC�i�.�f the Prop�tY. Lertd�t�l'�,sl+e .:;.;.�¢ .a2:�,�: '
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<br /> = Bortower nt�iDe et ths'tims ot ar prtac to an t�specti0n s�7ecifyr6t8 reason8bt9 tause tor th�;�eetion. . � ,.;sti_��_.
<br /> � �� � t 0.Condemnatlan.The proceeds ot any award:�ak fC�n tor damages,d'aeCt or consequentlab in connectioh wRh�ny .• , ���T
<br /> ' eondcarnnatten ar oiher fakmg of any paR ot the Rroperty;�tr Yor.eomreyertce Irt�eu of condemnaUon,are•hewby assigned end � _ �
<br />. � '•�� SAell de peld to Lend�. i " �,�L",��
<br /> ' ,. ,,,.;,_�; , trs ffia event W e tolat �g�of the Property, ttte-p�eds shall be eppled to the Sums SeCUred by this SsCUrdy , -
<br /> wdA aay excess patd te;Borrower. In L10 evenY ot a partl�t�9 ot the Rroperty in whiCh , • �z�'
<br /> ; tnsmrrr�sn�.wflatt�er or nat th���re. °'�-°
<br /> ;, 3� the fa'v martcet vatue of the �,Frsvr,r,�i5► immediataN betore the takmg is eG�a1 to or�eater than the amouni of the sums.s�sar�ed .,. ,r'�,,�;
<br /> "' � by this Secu�lyr fis�t►ument imm9dc�tay 6efora the takesg,untess Bonower and Lender etherwise agre�,N wr�t'�9. th'e sums `.�� „ �c,�.�—
<br /> sewred by this Seeurny InsUument shaU be redueed bg the amoLnt of tAe proeeeds multipt'ie0 Oy the teCt�sv�ng iraetiom (a)the �•:� � '�'r,�
<br /> ' total amouM of the sums sedured bmnediatety befCre the t�ctng.dlvtded by (bl me faU m2rket vaSue of the Property tm�nedi�tery ; _r::,-:_ .
<br /> . . `• before the tascing.Any balance snan he pata ta Bortower.trt sfa�6;rent of a pania►taktng a.t:!Jre Propsrtfr��+�n tne t�+r�ancet + •'-� __=_
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<br /> • � vatua of lhe Pmp�ty Qnmadia4etY betore the tatcirtg is less 1�sars`.the amount of the surrts:'sr�irad immediateh betore tt�tt�icmg. �j�.�,,;��._
<br /> . unlass Borrower and Lender efiterwise a�ea in wr�ing ef;'u!�.9ss aPPGcabte Iaw othFa,afin� Drovldes.the preceeds•sfiw�'w� be ,� �'':�
<br /> � applied to the sums seeured byr�thls Secur�ty Instrumern whe�3ti��br not the•sums are then due. • �� �
<br /> [f the Property IS abandnned by Horrow6r.or B,efter .r+`�j'a�,�by Lend�tF'do BorrOwor thet the candemnor oNeB to meks en - ;�'`��� "l��
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<br /> � - - -- � award or settfa e cta;m tar damages, Borto►ver fai�to � to Lend�i ivith� 30 Qays after the Qate the notiC9 Cs giv�t►� , —
<br /> ,:; Lender is authartzad to eo�eet and appy the proceeds,.s�+l�_+�tian, edhe�to restoration or reDair ot the Prope1ty ar to ffie T-_�
<br /> ; sums seeured by this SeCUr�ye lnst[umenL wAetAer ar not Ott�:±3t:e. . . �r,v:�"
<br /> ' � Uoless Lender 8nd 8orro�ver otherw�e egcee in wr�toig, any appllcaUon of proceeds to pMC'�al shaU not �tend or � �__.--
<br /> - � �.. H postpone tfie Que date ot tha monthry peymmt�ttie�red to�pareg►aphs/artd 2 nr change the emaunt ot such paym8nt9. �. ��i`f'y�.i-;-
<br /> � � 11.�acrou�e�Not Reteased; �orttearenee By Lend�r t�tot a Waive�.�ension ot�e crma ror vaymar►t or --
<br /> mod�eCaUon of emorHmtEOn Of the sums 5BCUrad by this SeCUrityr fnstrumen!granted by lertder to 8ny Suacesset �tnter85t of
<br /> ' �' ' Borm�ver shall not operete to release the Ilabilny ot tAe a��ortower or Borrowe�'s�s��ors Y�e�teres� Lender sha0 not �,,, ___
<br /> . �••�•;�' tie raquired to commence Drooeedtngs agatnst ac►y suc.a�a�:;in interesi or refuse 9�r�z.i�rs+t ttms tor paym3nt er.otherwise yf,�
<br /> �w�s�rs�.,•
<br /> �:���? '•, ` '. made by the ofiginal 8arrower or `,•••.,:y:.
<br />_ . . '�:� mod�l amortitation of the sums secured Dy this Sewrity►+�trsum�;bV•t�.-'� as e�y�� . _
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<br /> ' , ��� BoRO�ver5 suOCessors In 6ite'rest. Any forbesrBnCe by l9n'd'Fi.�i•,�5rr{�,•ariy�rl9M tu ►�nedf►.sha4 not be a waiver oT or• ,__
<br /> • � prec�de the m�erci59 of anY�igM or�amoQy. ... .. _-
<br /> � 92. Successor�and Asslgna Bound; Joint and Se�i.r�G Ltability; Ca-stgner�.Tne ca,+enaaes ana . � , 6
<br /> � � �qqresments of t�IS Security tnsbument shall bind and�ertdR'fhe successor�8nd asslgns of Lender end Bortower,subjeCt t0 the 4—��_.�
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<br />::;: • � . � provistons of paregraph 17. Bortowers covenants end e�snents shau be jomi end severaL Any BoROwer wno to-s�ns thts -, ---
<br /> i_:'_� . � y� SecuHty Instrument but does not ezecutB the Note: (a)is,cn�s'9��^9�►����Y tnstrument ony W mortgagB.gren!and cemray
<br /> that Borrowefs tnterast in the Property urtd�r the temss cf tnis Securlyr tnstmment (b)is not parsonaF�y ont�atetl to pay Ma ,
<br />':�ti'• , . sums secured by this Secur�yr Instrument; en0(cl e�ees that Lender snd any oiher Boaovier may agree to e�Rend.mod'dy, . :
<br /> ` tor6eat or mak9 eny aeeommoCaUons wiM regard tp 4fte�tt�+ti�of this Sscurity InSWment or the Note wdhout that BortawetS ' t,
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<br /> 4 `�,r�r(� �s 13. Loan ChargeA if�na �oan seeured by,:fji�, �'r�ifity InstrumeM is Subit�:t`t�8 Iaw whiCh s6ts rtu�;�rt�nrSOSn �';��5y����c����t
<br />:',, '. � ' � charges,ena that taw is MaSty�hteTpreted so that the'tsiWtit#'ror other toan charges Coftetted or to Oe coVected L�•�ryr�r.�tdon :.',�,��� :
<br /> =` • � �{ wM the toetl e�aCBed the perrnttted timits,thetT: (ej.as:y��l{:���a�oh8rg9 she116e reduCed by tAe 8maunt ner.e5s8r�F:1t3:.i�dduCO •� �•�; : �-
<br /> ' : ��.,;'•,. '
<br /> _ ' ..�& tAe Chetge to th9 pmm3ted lim� end (b)Htty.'GU(r,�€�'W�=Y Col;eeted Hom BaROwet whTCh BxCeeded pertnitlAA 1�?!its wiD 08 -; �,�•:
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<br /> �� tetunded to Borrovrer.lender may choose to m6�B.�id�f�x'ich�»�by reEuCV�g tho pdnc�pqi owad under 4he Note ar bf?ftY��9 a :� _� .. . c��•. �..
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<br /> dtect payment to Bortower. •11 a retund reduc�,�i'sr.�,0�1..1lrs teQuCtlon will be trealett 8S a psrtial prepayment v�ltif�dt enY �;�:;t��.r�;,�; � �
<br /> ir; . •`, :._ ', .�, . ... �.•_r��('�$,�A�
<br /> ::, , prepayment eharge under the l�Jate. .
<br /> • 10. N04I�Q9.MY notiCe t0 Borrotiver Prpy�'1cf Y�.t�t}a Security Instrument sh��tuR ghien bY detur�ing d or L'y�•arta�'inp� ,,� . hiF ` .
<br /> , , by first C1ass ma!unbss applfceb�taw�qut�3"iqsa ot aoeother methad The notice shaU be dir�ected�{u'the Property Address • . . ,
<br /> ' t�
<br />��i ar any other address Borcor�sr Qesignatea bq noUce to Lender. My notice to Lender sha0 be g�.v byr fust ctass mai!to
<br /> `, LsnQePs ad�'859 StetBd hereb�Or en9 olher 8ddress Lender Cesignates by notlCe to Borto�vet My notiGe p�OViCed br In ffils , �
<br /> - � Seeuriry tn5trumEnl ShaD be deemad to hava been gNan to 9ortorvm or I.ender when gNen as provide0(n this paragiaph. . � ��
<br /> t; . . 1 15. Governing Lew; SeverabiUty. This Security tnstrum2nt shaD be govemed by feQeral taw an0 the fav�r of thg
<br /> _ ' `E jutisdiotion u�w?NeA the ProperAl Fs ►aqted tn the euent thet erry provlsiort or etaus9 of thi3 SeeurRy Instrument or tho tYote _ .
<br /> _ •, :� cOn�wdA appricebt9 Idw. such conlfiCt ShaU not aftZet OMe►provisions o1 this Seeur�y Insbument or the lVOle wnieh ean be � . �:
<br /> i> • given eHe�t without the toniGeCeg provlsion.To th's end the provisions ol this SecurRy tnStrument and the NOte are Qect�red to �. �� .
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<br /> - � . : � bA severabta. • t. .: . - --- ---
<br /> _ � 18. Bonower's Capq.Banovrar sheJ be given ona Contortned copy o11ha Note and of t�is Secur3y fnsbt�menL
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