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<br /> �"-�� 8ortawx may cure nuch � def�uR end rekist�te, aa pravided In psnqnph 1B, by cauning the �cUon or prooeedinp to bs _
<br /> � ' ' dlemlased wRh�rullnQ th�t, In Londer'e pood t�flh determimtbn,prdcludea todelturs ol the BoROwsr'e IntKeat h th�P�oprrty a
<br />-, ;��`� olher matertd hipakmmt o1 the A�n creat�d by thls 5acurity Inetrument or Lenda'e oecurity intereat. 9ortowerah�N�teo be In �.
<br /> ddauA It Borrowe►,dudnq the loan �pplicallon procesa,pave materialy talae or Inaccunto Inlormfltlon or�sUtemmis to Lenda(or �;ti,.
<br />'=����"- i�Yed to provlde Lender wfth eny mutalsl Intortnetlan) in connectlon wfth the Inan evldenced by the Note. ►+cludinq, but n� —
<br /> b,•�. - -
<br />,,:;�yr��+. Ilmited to, reprosentntlons concemMy Oorcowa'e occuQ�ncy ot the PropaAy te a pdnclpal realdence. li thla Secu ___
<br /> r�"��`` Inelrument Is on � le�sehold, Bortowa ah�M campy wfth eA the provlslons ot the Iwae. If 8or►oww acquim fee tiUe to lhe 1 __
<br />-�' ���• Propaty, the letsehold Rnd the tee tRle ahatl not morqe unlesa Lender agroea to the merge�In wdUnq. -'
<br />:=�,�'`°�' T.P►o��ction of L�nd�►'s Rlpht� (n th�Prop�t'ty.It Bonower faila to perform the coven�nu and��rean
<br /> • contnlned In thls Security Inatrument, or there Is a legal proceeding that may slgnMc�ntty sttect Lender'e dOhU In ihs P►op y� �,
<br />-�;:,�� (auch ts s proceading In bankruptoy, probnte, for condemnntion or torlelture or to enforea lawa or regulatlons),Ihc.:n Lcndu may �
<br />--`�" do and pay for whntever Is neceaaery to protect the value of the PropeRy end Lender's dghts In the PropeAy. Lenderb�attona _
<br />-;••:� may include paying any auma secured by e iien which hen pdadry over thls 3acutily Instrument, eppeednq M� cou�t. P�Y� —_
<br />--__ roesan�ble attomeya(ana aiid e�i�"td ctc the °r^pe!t�,te mrke repalrs. Althouqh Lender may take acUon undar thls paragrep vi _"
<br /> ��� 7,Lender does not have to do so. --
<br /> � �;;,;,�� My amounts dlabur�ed by Lender under paragraph 7 shall become additional debt of Borrower secured by this Securfty =
<br /> � Instruma,nt. Unless Borrawer and Lender agree to ather terma of payment, these amounta shall beer tnterest trom the date oi _
<br />':"ti'"�°;` tAsbunement at the Note rate nnd shali ba payable,wfth interest,upon notice irom Lender to 8orrower requesleg payment. _
<br />� ��' �1''' InBUr�nCi. Ii Lender requlred moR nge Insurnnca as a condition of making the loai sewred by lhis _
<br /> :�s���,,,., e. Martga�m 9 _
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<br />'c„,;,�,:.:�,- Secariry instrumant, Bortower shaH pay the premiuma requtred to mslntain the modgage insumnce In eNect II, for any reason,t e -
<br /> °°�;:.��w'� morigege Insurance coverage requlyd by Lmder lepsea or ceases lo be in eltect. Bonawer shnll pay the p�eudums��quired to _
<br />-'��+���_'%'- obteln coverage aubstantlally equ(velent to the mortgage insurance provlously in a'flect, at a cuat substentktiry aquMalent to ihe =__.
<br /> -- - - cost to 9orrower o1 the mortgage Insurance previousy (n etfect from an aRemate mortgage inaurtr approvni by Lender. If
<br /> -=_.u�,,,� aubst�ntWly equMalent mongnge insurance coverape is not available, Borrowe� shaN pay to Lender eech moNh a sum equal to
<br /> ���=g onchretRh of lt�e yeariy martgage innumneo premlum being psid by 9orrower whe�the Insurance coveraqe�apsed or ce�sed to G
<br />-�"'�°•�'�� be in etfect Lender wiW accept, usa and retatn these paymenta ea a losa roserve In lieu of martgape insurance. Loaa resenre
<br />,�����,�,� peyments may no longer be requtrod, at the opUon ot Lendx, if morty�ge Inaunnce covearpe(In the amount�d lor ths p�rlod
<br />,,� ,, thnt Lender requkes) provlded by an Inaurer approved by Lender apain becomes �v�Hable and le obtalned. Bor►owe►sh�U p�y
<br /> ihe preenluma requirod to m�kit�in motipape Msuancs In eflect, or to provlde ■loea reaerv�. untU lhe rpulrrn�nt for mo►ty�ps
<br />;__ay� Ns�+nnce end� In Yccord�nce wfth�ny written ap�eement betwean BoROwer md Land�r a�pp�ic�bl�I�w•
<br /> --• A. It1sp�Ct10M. LendK or H��y�nt rt�y m�k�rwsomble entd�e upnn�nd Imptctlona o1 th�Prepxty. LendN eh�N qlve
<br /> ___,.,�. BorrowN notice�t the tim� of or prior to ��Insp�ction sp�cNyAnp na�onabN cau�e la th�Insp�ctlon.
<br /> 10. Cond�mnatfon.Th� procMd� of�ny awud or al�kn tor d�rrwp��,dkwl or con�aquenllal,h can���an wRh my
<br /> ��� cond�mmUon or oih�r ukinp of �ny part ot th� Proputy.or tor oonvsy�na In N�u of cond�nnation, �n I�K�by��slpn�d�nd
<br /> —= ehsll be pdd to Lender.
<br /> - In th� went of � total t�kinp of th� Ptop�rty. tha proceeds eh�N b� �ppUd to the sum� s�cur�d by this 3�wdty
<br /> Instrumant,wh�th�r or not then du�,wflh my nxc�es pald to Bortow�r. In th�w�nl ol�partl�l t�kinp ol tn�Prop�rtY In whlch
<br /> Ihs I�k nwlat wlue o1 tha Prop�rty imm�i�iy b�iore in•i.i�i��y ia :yu`i ia at �L�!l�.:s►!he s^.s^•!^.t^!ihw suma sacured
<br /> by 1Ns Securily Instrument knmedlat�ly bdore th� t�klnq, unlesa Bor►ower and Lendx oth�wle�agree in writlnq, the suma
<br /> eecurod by thlu 3ecurity tnetrument sh�tl be reduced by the�mount of the proaade muNlpNed by the folowNp fr�ctlon: (�)the
<br /> total�mount of the euma secured Nnmedktey before the t�king. dlvlded by(b)the t�k m�rket va{ue of the Properly Irm�edktelY
<br /> beta�the t�king.My halance ehsA be pdd to Borrower. In the event of a partlsl Uking o1 the Propwty h vMct�the tau market
<br /> v�tue of th� Property Immedlate!y betore the taMng la lesa than the amount of the suma oecured Immer&t�bdae the taklnq,
<br /> unless Borrower end Lendx othenvlae �yree In wrltlnq or unlesa appNcable law otherwlse provldes,the proc�eda ah�p bs
<br /> �ppMd to the euma secured by thls Se:wrlry Inswment whether or not the sums are then due.
<br /> If the Piropertyr Is abandoned by Bortower,or M,after notice by Lender to Bortower thnt the condertus a oHere to make en
<br /> �wud or settle a ctalm for damayea, Borrower talls to respond to Lender wfthin 30 days after the dete �e noUee la pHen,
<br /> Lender Is authaized ta coNect and apply the proceeds, at its opUon, e(ther to restoratlon or reprlr ot the Properly or to the
<br /> sums secured 6y thls Securfty Instrummt,whelher or not then due.
<br /> Unless Lender and Bo►rower otherwlse ngree In wriiing, �ny eppNcetlon ol procc�eda to prtndpd eh�tl not extend or
<br /> � poatpone the due date of tNe monlhy payments reterred to In parapraphs 1 and 2 or ehange the amounl of wah payments.
<br /> 11.Bonowar NoR Rol�u�d; Farboaranc�By L�nder Not � Walv�r. Extenslon of tho pne br payment or
<br /> 'i modllcatlon of amorli�atlon ot the suma aecured by thls 3ecu�iry Instrument granted by Lender to eny suoaesor In Intero�t of
<br /> """"° Bortowqr ahdl not operate to rdesae the IIablNty oi the odglnal Borrower or 8ortower's successors In fnte��sl. Lmder ah�ll not
<br /> _= be roquked to commence proceedinga �palnat any succosaor In Mterest or refuee to extend Ume tor pr�memt or otherwtae
<br /> mecFfy �mortizatlon of the suma secured by thla 3eeurity Instrument by renson of eny danand made by the algtnd Borrower or
<br /> — �_.-= Botrower'e euccessora In lnterest. My lorbearance by Lenrler In exetclsing any dpht or remedy ahdl n ot be n waHer oi or
<br /> pradude the exerclae of any dght or remedy.
<br /> 1z. Suco�a�ora snd As�lpns Bound; Joint and Severat Uablltty; Co-slpners. me covensnta end
<br /> agreements af thla Securfty Instrument shell bind and bPnefit the auccessors and esstgns o1 Lender and Bortowet,subJect to the
<br /> provlslons of pernWaph 17. Borrower's covenents end agroements shell ba Jolnt entl aeveral. My Bortow�who co•stgns thls
<br /> ' Securfty InaVument but doea not execute the Note: (e) Is co•slgning thls 3ecurlty Inetrument ony to moAgag�,gn�nt and convey
<br /> that Bortower's Interost In th�e Property under the tctms of thls Securiry InstrumenC (�) ts not personally obli8ated to pay the
<br /> sums aecured by thla Securiry Inatrument; and (c) sgroes that Lender and eny otfia Bortoww may agre�to extend, modity,
<br /> fo�benr or make any accommodatione wrih regerd to the tertns of thls Securiry Instrument or the Note w8lrout that Bortower's
<br /> consent.
<br /> 13. LOall Chafgas. If the loan secured by thls Securlty Instrument is subJect to a law whlch sets maxlmum loan
<br /> � — ahupes,and that law Is tlnelly Interpreted ao that the tnterest or other Ioen charges coNected or to he cokc'[ed I� connectlan
<br /> _--=== wilh the loan excesd the permitted Ilmks,then: (n)nny such Ioan charge shall be reduced by the amount neeessary to reduce
<br /> ___--- the charpe to the pertnkted Ilmlt; and(b) eny sums alrendy collected irom Borrower whlch exceeded pamitted Ilmlts wlll be
<br /> �;'� refunded to Borrower. Lender may choose to make thla refund by redudng the princlpal owod under Ihe Note a by meking a
<br /> 4�;_;��;`,� dlrect payment to Borrower. If e refund reduces pdnclpal, the reductlon wlll be treated es a paRiel prrpeyrnent wlthout any
<br />-=z:�,� pnpaymmt ahsrge under the Note.
<br />`�`�"'r�'r'� 14. NotIC6l. My notice to Borrower provlded tor In thls Secudty�nsWment shaN be glven by delhr�Ing It or by malling It
<br /> -"--- by 6rst claas mall unlesa eppllcablo Iaw requlros use of enothur method, The noUce ehnll be dlrected to Ne Properry Address
<br /> --�:�`,'7� or any other address @ortower deslgnates by notice to Lcmder. My notica ta LendK shall be glvm by firot class mall to
<br /> ..�_�_ .��
<br /> `�"�lT= Lender's address atated hereln or any other atldress Lenaer des�gnates oy nodce io no�rower. iv�y nuua.o M�ve'w'w.... �, .�.,o
<br /> 'M Senmty Inatrumont shall be deemed to have boen gNen to Bortower or Lender whm glven es provlded In tNs peragreph.
<br /> `r,�"�',V 4„ 1 b. Governing l.aw; SeV6�8bllity. Thls Secu�ity Instrument shali be govomed by tederal law and the law ot the _
<br /> ' y- � judsdlotlon In whlch the Property Is located. In the event that any provlslon or clause ot thls Secudty lasbu�nent w ihe Noto
<br /> !ti;�:.;•,^ �� conAlets wtth eppNcable law, such contllcf shaA not attect other provfslons of thls Secuifly Instrument a thallota whlch can be
<br />-- ` ��� glven eBect wflhout the contlletfng provlabn. To thfs end the provlslons of thls Security Instrument end the Note aro doclared to
<br /> . ' �` be severable. ;
<br /> 18. 8o1'fowe�'s COpy. Bonower aholl be glven one contortned copy of the Note and ot thls Secunly Inslrument.
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<br /> _� ��- • '� � F1316,LM0(1I97) Pagc 3 ot 5 � �/
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