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<br /> 8olrower may e�►re such e detauft antl winstate, as pro,rided tn paragraph t8. Dy ceusing the aeNan or proceeding to De
<br /> � , disrnlssed with s ruimg that�lsnders good fakA Qgterm��adon.Orect�Ees torfa�ure of Me Bortowe�s interest irt the Proparty or ��y� ,'`�'`:,:: � �:
<br /> ` • . ot�sr materi�imAaument of Ns fen created taY this Sscu:dy��ment ar lertder's 58curay interest. Bottower ahall also tre h E E _
<br /> , �-- "'�" •.. ' datauR d Barower,during the toan apP�ton pmcess.�ava R►aieria4Y�tse or u►accusate hformatton or statemsats to ls+�der for� ` . .
<br /> `''..! ta�ed to provt6e Lende►wnh anY ma�di infortnat�0°1 �ConaeCtton w�h ttie toan evidenced by �e Not$. mc4id�tg,Gut nol� r � ��. .
<br /> � .. . funded to. ��esentations ccneemmg Borrowefs oec�panaY o! Ne Propeiht as a princ�al rasi88noe. tt ME, �wAy � •` . ,.
<br /> :', "'�. ��;�,`i,� Insirument !s an a teaseAo►Q.Barrow�r shaD compH with ell tha Orovislons ot tne kasa It Boaower ec4uaes tes tiite to th� .., F . , .
<br /> P�apoRy.the kasehotd and the tee t3ia SAaB rtat merge untess Lender aSr'ees to t1�e merger in wrtTing• � �. .
<br /> � " 7.Protectioa ot lende�s Rtghts tn the Property.e eo►mwer raas ta pertom►the coven$nts and agreertean �
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<br /> •;.� eelmtr[ed tn this Seairiry inst�usrt�t, or tAere is a(agal Proceed�mg that may signd'cantly aftect Lender'S rigAta in the Pro r.•
<br /> .. . . , i (such as a pmceeding tn bantmiptcy.Probate.tor condffirtnation or Mrleiwre or ta oniorce laws or negutaUons�then Lender •��:,:. .
<br /> � �- - s do and pay tor whatever is nflca55ery to proteet the va4ce ot the Property end lendet's Aphts in th9 PropeRy. lender's actio -� •
<br /> � `'-' : -. :`; may fnCltde PalfiB �Y sums secut6d by a �n wAtc!► hss Orior�y ovet tAis Securdll Instntment.ePAeating in court.PaY� .
<br /> l,ft� °;�� ceasortabie attomeys'tess and�tering o�►the Pro�rtyr ta maks repaus.A�oeegte lertder may take actlon under this paragraph ' -_ ---
<br /> 7,Lender does not have to do so. r, :.�-
<br /> . ,.:� � . • My amounts d�sbursed by Lendar un der peragrap h 7 s h a p bec o m e a d d�t i o n a l d e b t Ot B ortower secured b y this SeeunlY �. T.� � •
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<br />. . :,;. . Instrument_ Unless Bormwer end Lendar agree to otlt� Aerms of payment,these amounts shaa bear interest from the dais of . . ,;,
<br /> d'sEursamen!at U►e Note rate and StraO be OaY��.�'� ��+upon notice trom Leoder W Borrower requestci9 paymen4 �. . ' _;'.c�"
<br /> B. tl�ortgsge te��aoance. !E Lander requiccc��ge �s+uat�ea as a cond�ton oT maktng the toan secured h�I fh's '�;.,:---=
<br /> ;s�;."� the Lutts. . to matnt�ta the mortgage tnsuranea in effect.l�tor any�eason.tne ,- - --
<br /> �t�� � . , SeCUrdy tnstrument,Borrovv3�.sita[!Palf P� ??�� ga ., ,
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<br /> 'i� ,<<F �,�;'`; � � S' � martgage�surance caver�r�.�eB�y Lender t���ceases to be In effec�Bocrower shau pay the prEmiums r�quNed ro s ,. .
<br /> {` �y';.�4�ti!Y���'''` � ebtein Cove►8ge sub5tt�ill�7¢,'.�uivaient to ths ma�='r5wance previousiy in E1feCw. 8t a cost substanti��A}tC�bnt to ihe ��f y ��:"
<br /> �x����,�`,&7`�r�-`i. COSt t0 BO(fOVlB► 0}tl'�t£��FRP1T�9 6L4UTdltC9 P�[r+Fd�`iEt BfiBCts ftOm 8�1 6$6il18�8.�iltStllC.'f BDPtGV4'-�Dy Y.litldBT. If c�y�f�( ^ .
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<br /> k.� : SUb518tIti3Uy/8Ql7�8�8tit t�l}�6..L"�'-"��eS'�TCI Bv8B8b18.BOfIOW@f ShHll�Ji tR��fsTl�1 RtQFdfT.$ST�'f�G:8Q1181 IO n`rF c �`.,:,---
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<br /> , one{wel$h of th9 yeertll�'.�'.� � -
<br /> Wt�?u'.ua�lleing paid by 9otrower when the �suc�tot��3°�'��or�ased to ,
<br /> � '^I. . be in effacf. tender wiil 8ceept, t,s�a�xG n�;�r�e:.�aaYments as e tass resenre tn fieu ot�r�uaa 'l.�s reseae ' "�`-:`"
<br /> ': ;, payments may no tonger be requlred at�-a,�'.r�m oY IL�de.a martgage tnsurance cov�age C�;'���t�:ad ir`�e peAOd ;•<;: ,
<br /> . _ � that Lender requhes)Provided by an,ins.cec �!aovs��a'i Lender again becomes avaifabla artd is abtauted. ��armae:shafl pay �;�, . . �.:�_
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<br /> -- thB premnims required to rt�aintaa�murt�ic��:aima�e�ect.Ot t0 provide S loss reseive.u�h1!*.e'requ�3rrarit fia:tnOr�qage `
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<br /> • _ �nsura�.c�ds in accordance wfth ar��a�Yqr�„-�,�5ree�rtent between Boaower end Lender or ex►Fd��a�aN. ., r . ��
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<br /> . � 9.SCi��CdDm40.len8er ac 3s�gsi�t umY make reasonabfa enCtes upon and inspsctiors���7ra_F�uapeRY. Lender s�a11 gbc� ' � . �_
<br /> ., ' Borrower nolua�at the tims a}as�a-�8i�insp8ction spec�f►�+g reasonabte cause foc?�a uzs�eSi�n . .. p..,,��-
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<br /> ;r . � 10. COf�d�OrttN'IIS�iA6.Tra,�lD7ne��d3tof eny award or eiahn tor damages. d��reons�qu�ntial.tn canrteotien w3h�r . .,. ., � �$.-
<br /> , . . •`,`� " condemnaUon or otE�'`:'Cdkin@'J��'J ds8t#,DF tt�e PcOpBrty,or tor canvayance u� lie�:qG tendemnat,'on, 8re het�iby g�b�gned enQ� ,, 7��� ;
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<br /> . . , .. , sha0 ha pald to Lendei..�:ti. ' . ._..:... . ���t�: ��,r'.
<br /> • ; �r tn the evartt of a�t�: tal+ir.� af.:3ha�?roperty. the praceeds shaD be appGed ta the siar�s sacure��S�Y �is Seeurdy r ;� �-�`�-
<br /> ' '�•`. Instrument,whether ar not then Q�l{�a. ' S»y excess pald to Borrov�er In 4he event o!a pert�'7��Fd�ig a`.tt:e?*tOperty in which • . ��.,.
<br /> � .� _ �� � h��tt?ate 6e(ora the taktn9 is equal to or greater than tti�a.st�+ausit cx�f;e sums secured, , � �
<br /> : ;, .� the tatr maAcet vahre of the�9DeR�r. �t �-�
<br /> �" ' "�. by this Secur�y In51tum8clt tmmed�t�fy $Biclre tA� 4�kuig,uniess 8ortower and tender otherts't�a agne8?�'s:wrk�g, the sums -
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<br /> �� � �_ �� secured by this SeeurBy Inswment shall be reQiiaD�.�.the amount of the proceeds murtptT80 4y Ytr3 ialtawi�9:f�t�►: f�)the .;,�r�,�, �;,�
<br /> .��,�h "•�F' , , total emount of tha sums secured tmme0iatery be:tiro�Q+tatakmg, d�rtded by(b)the fair merket�aG,�a�'C*e`�'ope�b*�ediatey +_ �°�'��-
<br /> r}�,;;i.. ,'��;4 befare the tekmg.Any batenee shaU @a Patd to�a�r!oaafr.in the event af a partiai taktng of the��@rt�j 3�wAiCh fha ta�r marke! ,, ,, r + ��� • t
<br /> � � �.1,�;5� valua ot the Properly unmedlatety batore the talctng is iess then tt�:�ount of the sums sec��mii�tliatery bebre the takm�„• ,+{, •., �
<br /> � 4 f��i�z3��vf�i�l:. uniess Bor�ower and Lender othenvLSe agres in writing or unia3s a�oficabte iaw ottferw��� tAe proceeds shall bs;, � ��� , �'rl_-
<br /> ` {5��r���y'r '�;.. BPAfied to the sums secured by thLa�ecufity►nsUument whether or noh Me surrs o.d�E'�C7�$.�- ���: �'• �� ��'�' F�" `��''.,
<br /> `a�4 �l .c =„- If the Property Is�abans1onad by Borrower,or fr sfier notice by Lender to H�cros�r't�.Jtra.�cartdemnor oNers to ma�ce en ��_,.
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<br /> award or setde a ciaan for demaqes, 9,p�rower taHs to resDond to Lender wiU:��&':d4ys a�dtar•the date the notic0 IS gHen,
<br />:f •.,`�i�ti�. Lender is 8uthor¢ed to coltect 8std.�7p�!he proceeds.et its opUon,e�her to rASiar�ttb�r.�rn;,rapai'•ot the PropeRy or to the , �+_�
<br /> � sums seCUrqd by thts 8ecurity tnsu�d{sa�tt:.�cvhether or�ot tAen dua ��� �1���
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<br /> • Untess Lender and Borrower o'tha�wise agree in wrt�g, eny ePDI'r�tion o1•procesds t� dch►e�pe! sha0 not extend or ��_--
<br /> q , � ,,;.',-� .postpone t�e due date Of tAe monthty payments retaRed to in 0�9�Phs'1 and 2 or change the arnouat o�SuaD payments. ' !-�==
<br /> � 11. BorraweT Not Reteased; Forbeara�tee 8y Lettder Hot a Waiver. Extension of tAe time tor paymeM or . -_
<br /> ' � .. . ., �. modification ot amortiratiDn ot tha sums secure0 by this Securty tnstrumenl granted by lendet to ang suecessor In htetest ot '� � ___
<br /> .� - Bo�rower shali not operate to retease the Qabiiiry of tAe oAginal Borrovrer or Borrowers successors in•interest. Leeder sha0 nat.. � •��� s�j _
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<br /> � be requhed to commence proceedtngs agatnst any successor tn Interest or reiuse to eoctend t6ne for payment or othe�a:;::_ ..,;;.f.,_____
<br /> � mod�7y a�ortiraUOn of the sums secured.by thls Securlty Instrument by reason of eaY demand rt►ade by the or(ginal Bortower drc:, : , �_;i�.:;°---
<br /> � ' �� Borrowefs successors tn mteresL Any fort�earance by lender a�exeroising eny rtght or remedy sha0 aoi De a walver of o'r' ..,-"'�`'',=-:.•�
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<br />�,,�, prieCNQe the BxerCise ot en9 right Or remedS►• >'. _�, �. . '.. . .
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<br /> � '` j 1Z. 3uecessors artd Assigna �ound; Joint en0 Several Liabiiity; Co-stgnera Tne codenants end .
<br /> �-•.� �i agreemeMS of this Secu�yr(nstrument she0 bin0 and benefit the successors and essigns of Lender and Boirawer,Subject to the ''_''="-__
<br /> _ '_ !.';'.� �` provb�ons of paragraph t7. BonoweP9 covenants and agreemente shau ba jolnt end several. Any Barrawar who eas�ns thls , -• -_
<br /> � �J ;: Secut�y Instrument trut does not execufe the Note: (a)is casigntng this Securily Instrument onry to martgage.grant end comrey -
<br /> that 8orrowars inierest fi the Property und9r t�o�r.sas ot thls Seeur�y Instrumenk (0)ts no!petsonaiy obtlgated to pay the
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<br /> :�t��.: � �� _ ,;: �, sums secured by thi9 Security Instrument; ar�d��;!cD���es that Lender end any other Bortower may ag�e9 to exten0,modity►.
<br /> < - � �:';�.:,�.Rt, tOr6ear or make any BCCOmmodBttans wRA regard t6�fhe terms oi this Security Instrument or the Note w�h0ut th8t 8orrowers ,
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<br /> � ,f��; 13. Loan Chargea i� a+e�n seeu�ea ey tn� securrty mswmeoi +s sub�ecc to a favi whicA set9 mex6nura+Vs�r1+
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<br /> '. � 'S".�(rf1; charge9. and th8t taw,s 9naUy tnterpsoted so that the �nterest or other toen charges coltected or to De colfaated 1n Conr.c�faat�: , � ,:
<br /> '`�" wtth thB toan ex 1M�:0?-�mitted Iimits then; (a)any sueh toan charge snaa t�a�s��tuced by the amount rtece5s�to e�;,aer., �nti{;�F `�y .
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<br /> the cherge to the'�raeri�Ntte9,1'imil; and(b)any sums eteady aolteoted irom Bcn�e�er�vh1Ch exceeded paar3fsal�i��n�^s•��14� • ��.%,i;�j)�r��'�.
<br /> ,�,�;�,,��''s;%;;,;,�i' retunEeO,to Bortow�r 1La�;jO�►may ehoos9 to make lbis refund Dy redueing 4Me�d+tiip�'owe0 under the tVntQ nc�laH:erruwr,ry sz' � ,f;.
<br /> � .�,`at)����'t'�,���4' Qirecf:�Ent to 6C:�.+,+�er. ��.t a�wnd reduces princpal. tft��etion wiR���I�s�a9 as i� �al P►oAaym�;c ,vilmc►sduv;v..' � -
<br /> �� •� , a`ir�!� `� P��;G��tiC eltetge�rtde��174 t�'.VSim. '. .: ... ... . • . . t `
<br /> , �+�r`' �l '��� j'����-, ' '�4!.-IW�11C¢A lasys;ic�tb�r+au.ver providod�ar in this S"s�u.iitY Instrurtrori::'�i�rat 15r�p}?ar�e kq�'��iiv&rqna A;+�iLy ir.r.aaTag it _.
<br /> �s r,�� c, ,y�S� . by first Cto8s rttal ersl��.c.nt�pti;tble'taw requires ia�r?cf'enother method. Thm nr.�:r� :YaIL LrP.�b 1"ium vici4gAy Addiess : .
<br /> 's�"i �I ' !' �'.'�`Z }�? or any other aQCr�s,�i�rwras designetes by rtctfa�� to Lender. My notiCe ta 6��€sh�;P�ie�us�t by;+i�7:C(asS me�to.
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<br /> �` i''' 1('��il;f', � Lenders address stz6�d�iac�r ar any other address Lender designates by notice tc l?orta�rm�• 1a?1? notice pravtded br in Ihb . '
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<br /> `l`�, , , ��5?'?,",.t��`� Secutity fnstrument sttalt 6e desrtred�rq have be�given to BoROwer or Lender when gt�ren 'ss,�mmr�ify0 in this pate�aph. ,
<br /> :,_,. .����� . .s;'��t+. � 15. Gover��s�a� O.�w; a�+sprability. TNis Seeurity tnstrumsnt sha0 be S�Mgd�N 1(aS�rat taw 8nC the law oi�e _
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<br /> :`sr,'•' ; jurisdiotien in which tf��.Property is (aeated. In tAe event that eny provision or elause o4 ihlS 5�curity fnstrumern or the Note
<br />- • conflict9 w4h epplkabls Iaw,suc�conflict shall nm affect other prpvisions o!this Sgaurity InstrumeM or the Note whbh can he
<br /> ` � ' g�ven eftc�ct wrthou4 ti�e•eonnxting provis�on.To thls end the provt�ons ot this Security InsUument and the Note are deetared to . ,
<br /> . i eg sev9rebte. .
<br /> , `'•� , 1'Q, QCpPGV9�P'8 CO(3y.Borrower shau be given one eontormed Copy oi the NotO and o1 this SgCUrityr Insbumen4 �
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<br />� '��. ' E C/�19LM0(1/97) ' Pa.00 3 0�5 � . ' .
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