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<br /> �:;;��� �,�.. � ti _ -- � - -.., - .. . ; ,. _ .. _ :. . ; ,
<br /> ' . . . . ' \t- � - . . . _ _ �_,..1.._�.�......,�.::•.^J` _ _ ?F _ .
<br /> — ��� S�} �
<br /> substanti�ily e�uitalent mongage insurance carerage it nat availabte.Borrower shal!pay tu Lender eaciti month a sum equa!ta ,;;� '�;
<br /> � �-,1-... 'F;,': unr-iw•elfth af the yeariy mort�age insuranrc premium beiag paid 6}�Barro��cr when the insurance covcrsge lapsed or rrs+ed co �; -
<br /> , '. �; � be in effec�t•i.ender w�il!aar�t.we aud retain tnese paYments as a toss resesve in lieu of mortgagc insurance• toss rese�e �•� �
<br /> , payments rnag no langer be requitvd•at the option of Len�der,if mortgage insursnce coverage lit�the amount ana for the Qcri
<br /> • .. ,' uites) ravided b an insurer appmved Dy i.endes again becames a�ailabte and is obtaineJ. Borruti�ec sF►atl p�
<br /> � ,�, that l.endec rW P Y
<br /> the premiums required to mainraan mortga$e insursnce in eifect,or tu provide a to�rc�erve,umit the reyuireaient for mortga�;s
<br /> insur,une ends in ac��rdance:«�ith any ti�rittea agr�emxnt bet��•een Borron�er�d Leader�or applicabie law_ � ;. �=
<br /> .� � :� 9.las�ecKon Ixnder or iu a�ent may makr reasor�abte entries upon and inspectians of the Property. Lesuf,u shafl giLe :;� ,�`
<br /> �,�.`;.' _—.. ���_ gprr�wer notice at the time af or prinr tu an inspection specifying reasonable c�use far the inspecaon.
<br /> • ' IQ. Condemn$tton.The pmceeds of any a�ratd or etaim for damages. direct or rnnsequential. in connection with any
<br /> • ''`�•�' cc+ndemnsti�o ar other taking of any part of the P[uperty.or for com•eyam'e in lieo of mndemmtion. are hereby assigned and� .
<br /> � -.: shali be paid to Lendet. .�:,.�'
<br /> -- _--- - =�t- ta the event of a total taking of the Pruperty.the pmcec�ds sha11 be appGe+d tn the sums secured b}�this Serurity insm►meat.�
<br /> -- _ -�`3" �vhether or nnt ther due. a i t h a a}�c�c e�paid ta Borro«�er. in the eveot of a parti�l taking of the Pmperty in+�hich the fair ; .,': .
<br /> - — markee wilue of the Prapeny immediatetJ Ceta�e s�e taking is eyusi tv os g:ratz;t3�ttse amcu:n:of the sr.sseu�cunr!Dy this � `
<br /> , ' . `;��.ti Securiry Instrumene immediateiy 6efose the taking,unless Borra�ti�e�and i.ender othecwise agree in writing.the sums secured by ;;
<br /> � � this Sec�rity Iasuument sf►all be seduced b} the amaunt of the proceeds multiplied by the folto��ng fr•action: (ct l EhC tAi�l�. < <�
<br /> - - amount of�he sums secured immediate!} before the taking.dicided b�(b)the fair market vatue of th�Propestyr immedisuet�•• �r'�.,•
<br /> � befure the taking.Any baiance shait be paid[a BorroBer. In [he event of a parti�►!taking of the Propertg�in,wtuctt the fair �':,:;
<br /> .. . ��``- market�a1ue of the Pmperry immediate{y t►efor+e tlie taki�sg is less than the amaunt of the sams secured imm��zs7.ety 6efore the ;�:_h,'= .
<br /> _��' taking,unless Borrower and i.ender athen�ise ag�ee in n�ridng or unless applirable taw othenrise providea,�ha Qmcceds shall , �:,.;.
<br /> - be applie�!to the sums secured bv tt�is Security instnrment K�e�her or not the sums are then due.
<br /> � � • If the Property is abandaned b}• Borrower,or if.aRer notice by i.ender to Borrower that the condemnor offers tn make an
<br /> r a��aid or senie a ctaim for damages. Borro�r•er fails to respond to Lender�vithin 30 days after thq date the nnrice is given. ,,.�•
<br /> e
<br /> Lender is autharixed ta collect atut agply the pracecds,at atc opsion.either to restaration or repair.of,the Prup:rtY vr eo the sunts _
<br />:_;�.Y�_� � ' �, setured by this SeNriry Insuument.tivhether ar not then dae. ,
<br /> :. 1 • °:,;'� Unless Lender and Barcower otherwise agree in�vridng. any apPtication of praceeds[o p�inci�f:s:�a11 not extend or
<br /> posipane the due date of the�omhly payments refe�red to in paragraphs i and 2 or ct�ange the asstQUnt of such payments.
<br /> +r• 11.8o�roner Nut Reieased;For6esirraace By Lead�Yot v Waiver.Factension of the ame for payment ar modificarian
<br /> i
<br /> � af amartuation of the sums securod bY this Security frGSUUmeat gTanted by l.ender to any succes�ar in interest of Borro�ver shzil� .
<br />__ -=.--- - �:- not aperate to release the liability of the origi�al8ortoaer or Borro�tier's successors in intefest. L.cnder shalltnot be reqaired to� .
<br /> �l"''� ` "`�'�L' commence proreedings agairtst any sucoessor in interer+t or refuse to eatend time for payment or otherv�ise ms+dify amortization. ;.;
<br />..,i,:��°.: ' �:r}��:�;� of the sums secured Ay this Secunt}�lnsuument by reason of an�� demand made by the osiginal Bu�rmtur:•or Borruwer s
<br /> - `� -�`E•��� suocesso�s in intecest. Any forbearance by L en der in exercising a ny ri g h t o r re m a d y s h a p n o t�b e a wai+��r of or preclude the :�
<br /> ' �f , :
<br /> ` 4 ;,: exercise of any right or cemedy.
<br /> f. Co�ignets.The coveuants anA agreements of this
<br /> :E, „:.__;...• 12. Sao�sois and tLssigtic Bound:loint and S�veoat 1.ja6ilttY:
<br />=,✓�{����:•:°• -� � � Security Instrument shall 6ind and benefit the sucassors and assigns of Lender and�ormwer,subje�t to the prov#sions of _ -
<br />::,,,:,,<. . � �,:-;':�. ,
<br />'?�r���'{���•- '� �,:;, ;:}#aiagraph 17. Bomower s covenants and agr�ements sha11 be joint and severat: Any Barmuer who:co-signs this Security . ,°.
<br /> jES�;T`,•. ••-:.4.'.� P I 3I1d COIIY it13L • ,
<br /> ';�:, ,,. . .�: ;•,�� �:���uument but does not execute the Note: (af is ca-signing chis Security lastrument only ta mortgag_,gr,�n eY r;•
<br /> • ��'~`�"�`• `:�� 'Bortowe�'s,ir,t�ergst in theProperty under the temu af this Security Instniment:(b)is not penas�zlly obl�gated to pay the sums
<br /> �.�.3 i_ F�' e% �•.
<br /> >s r+r;�t`d �. � secured.Ts�;t3,�:��surit�Inurument:anJ(cl agrees that Ixnder and amy other Horrower may a$ree to excend.modify.forbear or
<br /> s.z+��h3,�t}�,�r��.��;;! �e�g��#3aue.as with regaad to the terms of this Security Instrument or the Note w�thout that•Borrawer's consent. , , .
<br /> �r�;�rlt,;dF�:� � ��• 13. ��;';tf tl�e loan secured by this 5ecvrity•Instiument is sub}'�� c;.�s;a a taw which sets maaimpm Ioan charges, � � :
<br /> •r.� t�i ;r�• '
<br /> �x�s �i :�t;,1,that taw is finalTy'c�:, ►�reted so that the`intecest ar,o t her loan c harges c r.t!i��s��or to be collected�+n;cYs;in�cdon with tfte ' �r :
<br /> .r�r,���-?A�f� s�',�';,i; ;'. :��exceed the pemriueG�15auts.then:lal.any such la�n charge shaU be redu6�'�T�i,��Jie amount�aecessan,+��}��+�:t�uce the charge .'�t �
<br /> ';� f;/ � t � ��t�ttie permitt�limit:and(b)an� sums alr�ady collected from Bomiwer whic�i;t�:�sueued p�nitt�l iimits'i�iT_be refunde�i ta
<br /> . �`
<br />..t_:`;���'���`�•,S ��: � &inower. l.ender may choose to make this refund by reducing the principal owed wnder,"rl.t�:.'�ote ar by inalcing a diteci �,�_
<br /> , ��• '•'°��.� �` ; ;�yment to Boaower. if a refund reduces principal, the redaction wdl be treated as a�m.�ial prepaymenf without any �' �
<br /> ��t�'._ 1 " .� ��payment charge undec thr Note. �°
<br /> "��-•� ;14.Notiozs.Any crs�-t?��w 9orrower proveded for in this Security In.�tnim�ni shall be given by dclivering it or by mailing .�;,E,._
<br /> .�Si!'. _ - . . • � � _
<br /> ;.'. ,,.'•p�IY;.;nist af;�s•,znai!unt'�,-S.c.�plicable law requires use of another method.'i'he notioe shall be directed to the Ptopeccy Address �,,
<br /> ;,'r�;; ��,�,�;;:.U4�-��i�s'.�t s�+1z:�c:r designa�s by notice to Lendea. Any notice to Lendes,shall be given by first class mail to � '
<br /> � �-" � .•;•d�„�3�r 1;�;9n„�:.��a,�3 i-i�.`s�r•a n y���t a d d r e s s L e n der desi gnates b y notice to Borrower. Any natice.provided for in ihis �
<br /> i< <:: �',�` ��nty I�,y�;��i�;;�;.�eemecl to{tave been given to Borrower br Lender�vheo given as pro�ided in th�s paragraph.
<br /> 13.Coverning��v�;�!erabitity. This Securi�y lnscrumem sha11� 6e govemed by federal law ansl the law of the �
<br /> '�� a;:t�sdiction in which Etrt�,�n:�rty is locate�. In the cs.�nt that an rovision or clau.�of this Security Insttument or the Note �
<br /> Y P , r ,-
<br /> ��� � . � �;,,m�fiiMs wiih apalic�abte taw, such confTict shalt not aLfir.,ct other prov�sions of thlb Security lamument or ifte Nnie which ran be ,_
<br /> � ��;�',;den effect�without the conflicting pmsi�aon.To ihis end the proviSions oi this Security Instrument and the Note are declared � .,�
<br /> '`:',:... � ' `�, � �o be seveiable. .. : . :.�:._-
<br /> „�...1'.''.,:
<br /> • � �6.Borrn�ser's Copy.Borro�ver Ja��31 tte given one conformed copy of the Note and of this Security I�suument.
<br /> � • � 17.Transfer of the Property ar��effcna1►.�te�st in Borro�Yer.li'all or any pan of the Property or any interest in it ��.-
<br /> � � � (issold or transferred(or if a benetici;l�i,�s��fn fl,.mawer is sold or transferred and Barrower is not a natum!person)without � �.• ''�
<br /> ' � � •.(,;ender s.�rior written consent. Ixndzr��!azy. at is�tion. require immediate payment•in•fnli of all sums secured by this .�',� ; �
<br /> �;1..,:'. S�urity T.�ftzument.However.this c�.v�� ��a11 not be exercised by°�nder if exercise is pmizc�;ed by f�eral law as af•the¢ate
<br /> . ' of this Se.yity Instn�ment. ` � � �� ' � � � , �`�� `�
<br /> - .. . ��, ' If Lender exercises this aption.LendCr shall give Borrower�+x:bf acceL�',.atio�..'f'int aa'r;ce shall provide a peri�i,i�+rtt���••.•.. ••
<br />- _ • : .� � 4 ; less than 30 days Gom che date the notice i�delivered or maile�within wNi��lBr.;�7ower must pay all sums seccred'.�,±��:�..°,-.::,'±':,, ,.
<br /> `����� • �� Security Instrument.lf&�rro��er taiis to pay these sums prior to the expiration i�`tlrai�,�e:ioii.Lender may inva[ce anp fs�u,µ:�r;�,.:.'! .
<br /> ' .� , � .<<:' pennittod b}�this Security In�trument withaut further natice or demand on Burram�.-s.: ��� 'r'�,+rs ,�i (h��'c � ' ' '�.� .
<br /> �.,��;,y ••.� Ig..qwyu�ower's R[ght to �etnstate. If Borrower meets certain conditions. Sunuwa�^.shall.har•,: d �
<br /> ` ` „�r.:.:: : � '�ys (or ssi�Z.+�th� r
<br /> �'•�;•�,��{Y;:;� ..enforcecna;t�sf this Security instrume�i.discantinued�at any time prior ta the earlier oi: +i�� � -�.��"���� • - ��
<br /> '":•;;�;rr1'i':``t'� ,.apPlicabSv t"•iw may sQ:cify far reins�:r�m.entl befare salc of the Ptoperty Pursuant tu ang r��at°r of s�'_�,00ats:�tui`.,;ir::i�T:��� . ..
<br /> ...,.G y>t,.;:.:c
<br /> _ `•'.��;r�.•.:ti.;1 ��urity tnstrvmeni;or,�Es)entry of aJ�c�S�:ment enforcing this Seeurity Instrument.Those coMi:�urs a:e�l�:g+:C�tc?�ivx'�tsf;rap.yti . •,s,,:.�.. `;,..
<br /> ' t i.i.�n�le'r ail�,tms wAicli the�����ould 6e due under thi�Secucity Instrument and the Nate as if�u aerefe�stiR��r 1s:�.4 oc��srr.�c±'�1�
<br /> ' '.���.�,;. cu�i�n�•d�fault of any other co�•tr►ants vr agreFa-�cr�i4: Ic) pay�all expen.e�;incurred in enfi�re�n�*fhis;�rauity [�sfttiRr.:r.t, • �
<br /> . i
<br /> �. �. . • irtctuding..i3iiti not limited ta.rr�+unahP�attomeys'feeti: anJ (d)takes sach uction�s l.ender nra�,re�ctt:�Ty require t�y�:uro
<br /> � thzt the li�:s��f this Sec�rity lnsttume4t. Lcnder's dghts in the Property and Borro�ver's obiig�ivn to pay the swns�ecunai by
<br /> ' • � this Securhy lnscrvment shall cantinue unchangaf. Upon relnstuzrmern by $orrou�er. t.�i4 S�curity Instnunent wnd the
<br /> � .�� .' obligations secvred hereby shall remain fiiliy effoctive as if no acreteratian had oawrred.Ho�rr�ver. tfds rigln to reinstate sl�all
<br /> - ',_ . _,-. . not aQply in the case oi acceteration under pamgraph 17.
<br /> • � •� 19.Sale ot Vote: Ct�nge of La�n Servicer. TRe Nate or� partial interest in the Note(together with this Secuiity .. ,
<br /> � � ' irutrumrnll maK be sold one or marc times withaut prior natioe to Bormwer. A sale may result in a change in the entity(krtown
<br /> • . - as the"Loan Serv�cer')that rnilects monthly payments due under the Notc anJ thiti Security Inctiument.There alsa may be ane
<br /> or more changes a!B�e L.oan Servicer unmlated t��a salr of the Note. If there is a c6ange of the I.oan Servicer. Bnrroa�er will be
<br /> given written nouce of the change in�ccordance�vith paragmph�4 above and applicabie law.The notice wilt state the name and
<br /> � " ' address ot the new Loan 5ervicrr:�nd the address tn which payments should be made. 'f'he notice wiQ also contain ang oiher
<br /> � � information required by applicable latis. "
<br /> Zp� Naaardous yubstattc�;. Barrower shall not cause or permit the presence. use.Jispowt. ,toragc. or mtease of any
<br /> ` . ... . • ..
<br /> Hatardous Substances on ar in the Property. Borrnwcr shall not do, rtor altou• anyone else to do. any�hing afRcring the
<br /> �� . � �• •.�. �� Pmperty that is in violation of any Environmental taw. The preccding ta•o sentences shall not apply to the presence,use. or
<br /> - _ .
<br /> . -- -
<br /> " storage on the Property of smil! yua�itities oi Hatardnu+Substanccs that arr ge�cneSiY ictiognizai tc►bc apprc�ria�e to ms
<br /> . residential uses artd tu mainte►�;qnre��f the Property.
<br /> ' �� � v,so 3 0�e farm 3028 9190
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