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<br /> � �,;x�'. , • . h 18, by ceuak►g the aaUon or proce�dkiy ta bo
<br />�<►�'�,!`� gpROwer rru►y wro cuah a detault and rdr�atate, ae prodded In peraprnp
<br /> '�`'"�'1' disml�sed wfth e rulinfl th�t, In l.ender'e goad t�fth determineUon,prnoludea to�(otluro o1 the 9onawa'a Intorest In the Ropaty or
<br />' ' �� other rrudaNd NnPekment o1 ihe twn cre�led by lhla 8ecurfty Instrument or Lender's Beou►ity Intereat. Borrow�r ah�N �leo be In
<br />::'a�•t�� deUuft 11 BoROwer,durtn9 the loan spPfcatlon procesa,pave mate�ialy lelae or InncautRte Intorm�tion or statsmentA to Lendor(ar
<br />• `� 1�lled to provide Lender with any rn�taial Inlarm�tion) In connectlon wUh the lo� a� � p��l �I rosidence.in�f thts Seoudly r'
<br /> �•�`'"'' limked to, repreeentaHona cono�minp Borrower'a occupuncy o1 ths Property P �
<br /> ' � ` Instrument la on a Ie�sehoid, Bortower sh�N aompy wflh �Y the provl�lon� 01 the lesae. It Bortower aa�ulrea fee tkb to tha�
<br /> c;ri`�:���,� Properly�the le�aehold md the fee tkle eheN not meryo unlese Lender B�r o��t1�,�m�o P�Q�the covenmta end ayrosments ' ---
<br /> �-r�''. s 7. Prot�atlon of L�nd�r's RIpMs In th�Propqrty.
<br />- co�talnod In thl� gecurlty (�s��t•�o�ee for condemn��go��tur�o or tonenforce lews or egukti nslt Lheo Lendet may N �:�--
<br />-'���`.,' (such �s a prxecdfng In bA�kruDt�Y•P� and Lender'e flghta In the Property. Lender'a acUona
<br /> '��iQ�'= do and pay tor whatsra is necesury to protecl the whte ot the f'roperty In court. psying
<br />��"'�'" may include paying any aums a¢wved bY s Ilen whlch hts prlotity o�a► thls 3ecurfty Inatrummt, appearin9 -
<br /> reuonaNe ariomeYs' fees �nd Mtc*�^9 Qn the Properry to make repalro. Although Lender msy take actlon under lhia pnragrePh
<br /> 7, Lender does not hr�ve to do so. h 7 shnll become additlonal dPbt of Bortewer secured by this Security �
<br /> ' •'Y Any amounts diubursed by lender under Pa►a9►aP
<br /> �' �� �'� Instrument Unleas Bortower and Lenden �9�e�to other te+ms of payment, these amounts aheN benr Interest trom the date o
<br /> +�J��`'���� �• disbursement�t the Note rate and ah1N be payab�s•w��h intaesl,upon notice from Lender to Bonower requesting payment.
<br /> �,,.:; ,;, : e Insurance as a condiUan ot mnking the loan secured by thls
<br />_.F. :. , 8. Mextg�Ae �nsurance. it�enaer requ:red mortgag
<br /> "*'��j: mp�I�q��ancze BoverAge required bY Lend ulaPses oir ceaseset�be Ineeite t9 Borrowerashall pay tha Iprfemi ms requked to
<br /> ;,�,.Y hralent to the
<br /> :;i"�?j�� op�n�coveraga subaL�n+�a�ty�alent ta the mortgape Posurance previoualy In efleat, at a aont substentltYy equ
<br /> °��;��r°�• cwt to Bortawer or t►b mortSNO° „sunnce pravlousy In eftect, from an altemate morigape Inaurer epproved by Lender. li
<br />-�''.��.�:,�;� subste�nt[eMy equtuale�►1�W�9�Msurance coverage Is �ot nvail�ble, Borrower shall PnY to Lender e�ch month�sum equal to
<br /> �^_��i; ` onatwdflh of the year4/mortga9a Insurance premium being pald by Borrower when the (nauranco coverage I�paed or ceseed to
<br />� �'� �� ' be in elfect. Lender wW aeeept,use and ratain these payments es a losa reserve in Aau of rnortgage fnsumnce. Loas reasrve __
<br /> ,--.��:
<br /> payments mey no�onger be requked,at the opUon qf Lendn', H mortgage Inaurance coverage Qn the smount and for the petiod
<br />__;:;;��yr::' that Lender requkea) provided by sn Insurer approved by Lender agein becomas avaNable snd la obtelned. Borrower sh�N pay
<br /> ;;;;— the praMums required to malnUin moRg�ge insuranca tn eHeet, or to provlde a loss reserve, un��ehe�r/equiremmt tor mort�tge
<br /> uN�� Insurance ends In accardt�nce with any written a9reeme^t between Borrower and Lender or appN �MdK sheA give
<br /> - 9.InspeCtlOn•Lender or lts�g�t may make rea�onabne�4 n�ble cause foP the��nsPecti nPr�p�
<br /> '�``�� Borrowe�noUae at the Ume of or prtor 4a an inapection sPedM 9
<br />����'" 10. Cond�mn�tion• The proceeda of any award or ckim tor damages, direct or conaequenUal, in aonnection wRh my
<br /> „z;;�� aA of the Property,or tor conveyanae in Neu of condettmatlon, are hereby asafgned end
<br /> aondertx�aUon or other taking of any p
<br /> �:?�;�.�,,;�y shdl be pald to Lender. P the proceeds shall be appAed to the suma secured by this Securtly
<br /> �;�,�� In the event ot a totel takln9 of the Pro erty,
<br /> --= Instrumer►t,whether or not then due,wRh any exceas pa'h�oa8„�oW�a'to�o�greater th n�the amount`of the sums eecured
<br /> the teir ma�ket value ot the rroparip iri���sd�at�'; �4•- �
<br /> Ic
<br />.:�;,� by this Serwds ����st��t 6�bereduced by the emoun of the procoedsnmulUpHed by thetoNowing trucflon:i8I41 h
<br /> ----_= securod y
<br /> ---�.-- total emounl ot the au baknce ehal be P�d B rrower�lo he event of ba psrtial ta g'o r the ProP°�tY��wh��h°i talr markt �
<br /> beforo the Lking.My
<br /> — vaiue ot the Property Immedfatdy be(oro the taY1n9 Is lesa than the amount of the sums aecured Mnmedlateh►beforo the ta 9.
<br /> unlesa Borrower and Lender othe�wise agree In writln9 or unlesa appilcable law otherwiae providea, the proceeda shaN be
<br /> applled to the auma secured by this Securfty Inatrument whether or not the nums are then due.
<br /> If the Property la�bandonsd by Bortower,or H,slta noUce by Londer to Borrower thrt the condermor oNe�rs to mdca �n
<br /> sward or eettle a cl�kn for demaYes. BpR°w°� 1�N� to respond to Lender wfthM 30 days attet tha dete the nodce or t�the
<br /> � Lender ia euthaized to coilect and apply the proceeda,�t Rs option, either to roatora9on or repair of the Property
<br /> euma secured by thie Securtry Inatrument,whether or�ot then due. ���tlon ot proceeda to princi�l shdl not extdnd a _.
<br /> Unlesa Lender u�d Borrower otherwlae agrec in wriUnp, any app ents.
<br /> ,:�;-�� poatpone the due dats of the moMhy pnyments reier►°d to In psropraphs 1 end 2 or ahmye the�mount of auch (xym
<br /> 11. Borrow�r Not Rd�wd� Forb�ar�nc� By I.�nd�r Not a Waiv�r. Excension ot the tYne tor payment a
<br /> W��� modilicatlon of amaUiatlon o1 the auma secured by thls Security InsWment grented by Lender to�ny eucceaaor In intxest ot
<br /> Bortower ehnll not opente to rnle�ae the IIabNRy of the orlginal BoROwer or BoROwer's suecesaora In inlrest Le�de�shaN not
<br /> be required to commence proceedin9s a9�� �ny succeasor In Intereat or reSuse to extend ikns for payment or othawise
<br /> modly amatiznUon ot the suma aecured by thia Security�nntrument by reaeon of any damand �d 6h�ptnot�a wai�va oT a
<br /> - - Bortowerb succesnors in Interest MY iorbxr°nce by Lender In exercis�np any right or remedy
<br /> predude the exerciss of any dght or remedy.
<br /> Co-slyn�rs. The covemnte �nd
<br /> 12. 8ucc�swn and /bsi�na Bound; Joint and �sv�r+d UaWlity;
<br /> agreemente ot tht�SecurKy Instrument ahall bind end benefit the auacossoro md asalgns ot i.�r►der and Borrower,subJect to lhe
<br /> provislons of parapnPh 17• BortowePa covenante and agreemente shnll ba Jotnt and severel. My Borrower who co-aipna thls
<br />- �-- Seeurily Instrument but daea not���ndct the�terms of 1his�3ecurlty Inetrurments b)etat not�person�►�ob�wpated odp y t e
<br /> t ha t B o rt o w e r'e t n tereat in the Proparty
<br /> sums secured by this Securlty �ostrume�k 8nd(c)agroes that Len der an d an y o t h e r B o rt o wer ma y a 9ree to extend,mo ' .
<br /> -��,�,,;�,�„ forbeer or meke any eccommod�Uons wkh regard to the temis oi this Security Instrument or the Note wNhout that Barowds
<br /> _ _�`°—. consent.
<br /> - � 13. Lo�� Charges. If the loen eecured by ihls Security instrument is subJeat to a law whlch eets rtwxN�wm n
<br /> ...__�.� oharges,and thnt law la ftnely Interpreted ao thet the Intereat or other loan chergea coNected or to be coYected fn connecUon
<br /> ��!' wfth the loan exceed the permitted �(mks, thm: (eums alread I�collected hom�iBortower whlch ex eeded Pe�mitted Iknitts W�M�
<br />_- �•��_� the charge to the permttted �it�t, and (b) any Y
<br /> _;�;�,,;�:,�;�.. � .Y choose to make this refund by ted�cing the pdnclpal owed under the Note or by makinp a
<br /> ..;�„ �-- refunded to Bortower. Lender may ent wfthout eny
<br /> '�'n'��'�;°' `� direct payment to Borrower. ii a retund reduces principal, the reduction will be tnuted as e paKiai PrcpnYm
<br />=`.'^;�;�,�:k�� .:� p�epayment charge under the Note.
<br /> _ �' ' . :,•,, 14.NotlCOt.MY notice to Borrower Provided for in this 3ecurity Instrument shall be gWen by deiiverh9 tt or by m+siling tS
<br /> _wd �'�� py first cla�s maH unless appliceble lew requlres use ot enother method. The noUce ehaN be dkected to the Property Addresa
<br /> '-�'�' or enY other addross Bortower designates by noUoe to Lender. Any notice to Lender shall be ghren by tirst claea maY to
<br /> _���_�...a.,a.ei...,o�p�ev noUce to Bortower. Any notice provided tor in th{a
<br /> -- •�'- -��-'�-_ Lender's addresa stated herein or eny oina OVH�avo.».-- ---•P•-•- .
<br />=L����`?h' InsUument shali be deemed to have been given to Bortower or Lender when glven as Provided In thls paragraPn•
<br /> ���__�.. .°.�.� sea,�ity
<br /> �`�°� 15. Qovarning Law: Savsrability This 5ecurity Instrument shali be govemed by federal law snd the law o t e
<br /> �..:�'.,
<br /> F�''�'��'��^"� ``� JudsdieUon In which the PropedY is located. In the event that any provision or ciause of thls Securfty InsVumont or the ote
<br /> - `_;i'�•'•`' .
<br /> =�+�.r, conilicts wfth n pllcable law, such contllct shall not aqeat other provisions of this Securtty InsUUment or the Note whlch can be
<br /> -�'=''�`�`"" . ��- gNen etteat wfthout the con111atin9 provfsion. To this end the provlsions of this Secudry Inatrument and the Note are declared to
<br /> •`�:; .'•._ ,.;,� be severeble.
<br /> � •-;��<r `Y��� 18. Bo�rawor's Copy Bortower shell be gNen one confortned copy ot the Note end ot this 3ecuriry Instrument.
<br /> .;�x��.
<br /> � �` �.k., Pagc 3 of 5 ' /�/_
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