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<br /> '`�1'.�' � r' � � y)���> n� � . c �tt S.Z�'`�'t'C'�inC,�y{"F_ .— __
<br /> b';" ;i�o:< 5 � . �s`;�R��Ar�r��'!.'�t � �;� �`t.,,��r`�S�}5 _
<br /> 1�...y` _ _ i`� _..' a , , _, " , ' ' '_ ' .. . � ` � [�3i ,.��j�''�= a�°t'i +���;.
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<br /> ` ' substanrialty gquivatert mortgage in+urance coverage is not available.Bnrnn►er Fhali p�►tu Lrnder e:ich mvnth.a seim e9ua1 co,: .;� �<�° ����
<br /> � ��_ oi�e-twelftti of ths yearty mortgage insurance premium being paid by&�m�uer��hen thc ii�.urun�r tiovec�e tupsa�:ot;ceased to . �.Y y;
<br /> _ �t be in effeci.t.a�der.will accePt.tt�and reqain these payments a+ a 1���� n�en�e in liru uf m��rtEagr in.urance. 4oss resene ;
<br /> �. . . • :paymerrts may no longer 6e required,at thr option of Lcnder. if mortgagc imuranrr c.sacr,s�:r t ii��He:►nuwnt:ind for the period� . '
<br /> . , , t h a t�.en de r r e q u i r e s)P r o v i d e�b y a n i n s u r e r a p p r o v e d b y l.esufcr a g:�in beumK•a��nilablr anJ i,��E�t:�ined. �rmwer�hall pay t;>:_:., °,z{._::�.: �'
<br /> �,.:;. .; . .�.,:
<br /> .. � �the pmmiums required to maintain mortgage iiuur.aice in effecl.or ev provid�o lu„re+c�v�.un�il t hs reyuinment for mo rtg a g e :. ?,�:` _�,.�F,
<br /> ' � insurance ends ia accordance with any written a�veement betu•een B��rr�x�•cr:sn�i le:nder ur appliraMe I�w. 1� ����:
<br /> ' • 9.Inspection. Lender or its agent maY make�n�ble entries up�m anct in.+pc.tiunt oi'the Pmpeny. 1 ender sha11 give� , i�L�
<br /> . ` n Borrovrer notice at the time of or prior to an inspectinn specifying re:�waabfe ruuyc t��r the in.pectiun. ��.
<br /> • � . ` • ` 10.Condemnat�on.'f'[ie proceeds of any awan!or claim for dam;�c+. dirc�:t ��r ransL�e�ue�ti�1, in r�mnection witb asry�.;�;��;., �,;a� � ,�_
<br /> � � - ' � _ condemnation or other taking of any part of the Praperty.or for muvey�Iaa���i�u���candenu�ati�Fit..ar�t hereby assigned at►d{�:, �.', �:
<br /> F . �;�,;,
<br /> - shalt be paid to l.ender. . ' � ���`�
<br /> -�� In the event of a total taking of the Property.!he procEats shalt be applied tu�hu�uni.+ctiurcv!by thi:.S�tiuriRy l�trwnent.w ��� `'��;.
<br /> -��r-�-��; tiehether or nat then dae,witl�any excess paid to Borrawer. In the event of a panial tak+ng��F�ha i'n�ri� irt which the fair ���;�;:.
<br /> • market val�af the Property immediately befom the taking is equai to or grcater than the:unuu��[uf.ths sutaxs+ecvFe�by thi.q '�,���p� ..;
<br /> • � Secesrity Tncnuine�t immediatety before the taking.untess Barmwer and t.ender atherwi�c agree ia wcit��.thw sum5 secvred bY � ,IxN
<br /> this Sscuiiiy Yi3stiun?ent shall be ceduced by the amount o€the praceacls mul[iplie.�l by the fidl��wing�fractinn_ (a? � tota! .������, =
<br /> `':ft� i � , amount of the sunis�'secured immediately before the taking, divid�d by Ib?tho faie.cnnrlcrt valac of thc Proper�y immediately x`d��''=�s '
<br /> � ti ryR�,.r..'::� .
<br /> .,_z� � . before the tak'sag:A�y.4tala�►ce shall be paid.to Bnrrower. in the event oY�a partial takin�uf the Property �n�vhich the fair r
<br /> :'���.�?�;�;�'���° • ,market value of�l►e Pc�pieiiv immediately before the taking is less than the sm►aunt.of tho+um�+ecurcd immediate{y before tiva ,, f ,.�.:;,.:
<br /> 'f s�:��, ��" �ng�����p���;��der othenvise agree in wnuag or unless appEi¢ut�lct taw otherwi,c provid�..the pracePds s1�l�: T.
<br /> '. , � ,�. ;y ' iie apphect ta the suais:secut�.-b�!,�is Security[nstrument whether ar nat tha suma are thcn dae• �4.+��
<br /> • �;�.i . If th�prope�ty"ds abandon�3��y Bonower,or i f,a fte�no tice by 1.e n d d�t a,B�r r o w e r t h a t the condcmnor nffers to make an. �f`r�'�+- _,
<br /> award ar seule a cla�m for.c#aijiagex.Barmwer fails tn respond tu Lender�vithFn 30 day�after thc datc thc n;r u the su�u. z���� �
<br /> -.�s�`` E.ender is autharized to coftcci and appty thc proceeds.at its option.either to r�.,tor.uian or mpair uf the PropertX �,�,, .
<br /> t°,�, �`` secuCed by t6is Secac�b,�it�st�timent,whether or not then due. `-'
<br /> �� >> � Unless I.�ender an�:�orrower otherwise agme in writing. any applic�atio.n of pmceed+ to principai tihal! not extend or., , i���
<br /> `• ,"���',r�n ,�. a nts referred to in paragraphs 1 and 2 or change tht amount aY�uch p�ayments. y�
<br /> �yr�'`'�rr' t�. PostPone[ta�due�e�t�'tht monlhlY P S� r,��� -
<br /> �y,,,���P7��,,f. �1,�ri�n�y�:�iuf�eteased;Farbeaeance By I.eader lVot a Waiver.Extension�+f the timc for payment or m�ration ��z��� :
<br /> ��� ��'. of amortization o€tlie sums secured by this Security instrument granted by txnder t�:tny yacceswr in interest�F Borrowev shalt `CF h M � --
<br /> .��
<br /> ` -` � not operate to reteas�thel�ability of the origivat Barrower or Borrower s xucces.+urs ia mtere,e.Lender+h�ll not be required co ', _
<br /> ,rC#`r� � ,'; ��nmQnce proceedm��a�ainst any successnr�n interest or refus�to excend time far payment or uthensi�e modify amartiratian U�4w
<br /> �,.�..
<br /> f�, f y�! � of the sums secured.by this Scwrity instrument by reason of any demand mactc by the uriginat Borrowcr or BoROwer s ;°yk� �T
<br /> �;`����r�,��`" successors in interest..Au} forbearance by Lender in exercising any right or remed}+hall not be�waiver of ar preciude the ,
<br /> ,�• �'�` �' eaezcise of any right vr remedy. ,s,r'....•
<br /> :•��S�f�"�`' 12. Saccessots a�a:!#ssigns Bound:Joint and Several Liabillty: Co-xi�tters. The cavenan��and agreements of this `
<br /> Y ,� � l..,
<br /> ;t�,�«:_ __
<br /> �`"��K f;��:: Security Insuument st�a�1 buid and benefit the suceessars and��assigns of l.ender and B�rra�wer, cubjert to thc provisions af • �� __
<br /> , ',�'����:;�'.: paragraph 17. Borre�wer's.covenams and agreements shalilibb:joint and severa4. Any Bormwer wha casigns this Securiry �; '._
<br /> __ .,�•�: Insuument but does�not.exec�te.;th�Nnte: (a)is co-signing thf�Security Instrument anly to mortga�c. grant and convey that ��,
<br /> `" Borcower s intemst�isi t�e�P�!�geriy-uadet t$e,;erms pf this Secvriry Instrument:(bl i�not penunaliy obliguted to pay the sums i_;,•.;___ __
<br /> . ':,`�.'
<br /> secured by this Secii�ec5!�1ns�me4►x:and Y�1 a��t Lender and any other Barrower may agrec to extead:madify.farbear or __
<br /> _ � � make any acoaminaiiatians with icegazd ta[he t�rms of this Security Tnst�ument or the Note without that Horrower s can�cnt. J
<br /> � 13.g.oat�.�a�Ses.If ttie�tqan's.ecurzit by•this Securiry instrument is subject ta a law which seG�muaimum la:u�charge�+. ;
<br /> � • and that !aw is finatly interpreted,xo ihai ihe ir�terest or other loan charges callected or to be coltected in cannectian with the
<br /> �� toan exceai th�pemritted Simii�r the�=:.E�)�►Y�such toan charge shall be reduced by the amount ner�sary ta mduce the charge > _�
<br /> • to the p ermiued tmiu;and�(b)any sorns aire�•;t�ollected from Bonower which exc�ed pemutted limits�vill 6e rct'unJed tu _
<br /> � ,�-iti , : Borrower. I.and�r.:rn�y chaos�ta:m�Tce�is�:re�'un d by r e ducing t he p r i n c i p a! o w e d u n d e r t h e N a t e o r b y makin g u direct
<br /> � ' � �;.,; ' � payment to Bomo�v�r. If a retund reduces principal. the reduction w�ll be treated as a Qartial PrepaYmtm without any � �,i;.':`.:
<br /> . .. ,,::,4, . prepayment chsu;e:under she I�iote; --
<br /> . �. .:: •• 14.Noriees:,Any notiea to�arrower provided for i�iEii�.Security Instrument shall be given by delivering it or by mailinS :�� _'`
<br />- � it by first class mail.unless appliaable!aw requires use e'f.anatber methad.Thc notice shall be dirccted tu the Propeny Addre+s "r.'A, •
<br /> � �����.�i or any other addires� Borrower designates by notice ta Li�nder..Any notiee to Lender shalt be give� by first cla�.c mail to . ___
<br /> ' T'' . Lender s address stated herein or any other address Ledde���'�by natice to Bunower. Any natice provided for in this '� 5,,.___
<br /> ' ..;,';7,, Security Instrument shall be dee�ed to have been given-tn�o:nna�er'on Lender when given as pmvided in thiy puragraph• :�
<br /> , . .i ��.�_�' I5.Governing La�v; Sevci'abllity. 'f'his Securit} Er�.:t�����ion or claus af this Securi[y Insuvmunt or he Nohe "=�x�,J
<br /> • . ;�`,�t : jurisdictian in which the Property is located. in the e�ent•::�at a�Y�P _i.
<br /> ••,, conflicts with ap�slic�ble.law.such�conf]iet ahalt not a�'eSt oi�tir provisians af this Security instrument or the Nate which can bc ����`
<br /> ap
<br /> . �•' '�• given effec►wishaut the com`_?ict+rig provasiors:To this end tS�e pravi9ions of this Security insttument and the Nate:ue declared _r_
<br /> • • �r•`-` . to be severab:�. .�:� ' ' _, _
<br /> 16.Ba�rrnw.et's Co��•Eo:n'�u•a�shall be.�i�en one conformed wpy of[he Note and of this Securiry instrument. _ _
<br /> � 17.TrangYer oi t6e�o�rty or�1�3e�c�dc�;Qlerest in Qorrower.If all ar any part af the Property or any intcrctit in it :r�`-
<br /> �� . is sold or tra.�sferred(or if a beneficsal interes!•in B�s:aw�r is sold or transferred and Borrawer is not a natural pcn�►nl wiihnut :�:,,,_�.
<br /> � � `, Lcn3�i s prior written consent. Lender muy. at�its option, require immediate payment in ful! of ali sums secure�! by thiy :
<br /> . . Sec�ity lnstnemen�.�However,this optio�shatt.not be exercised bY Lender iP exerc�se is prohibited by faferal law�.�af Ihc date �'�F.��.
<br /> . . ,og ihis Security lrutrument. > .
<br /> • • � �.>•1f Lender exerctses this option.Lc�ndar si�ali give E.trrowcr natice of acceferatioa The natice shull provide a perind nf iu�t
<br /> . ' � less ihan 30 days from the date che noace is.:detivcred or•m�iled within which Sorrower must pay all sums securc.�f by this _.
<br /> ' Securit�t Instrument.If Borroxer faiis tapay'thosa sums przor to the expiration of this period.Lender may im��ke any rcmcJie. • •, ��
<br /> �� permitted by this 5ecurity tnstrumant withaut fuM}wt�notisc or demand on Bunower. "
<br /> Ilg, gorrower's Right to Reinstat� If B4rtower meets certain conditians. Borrower shttll�have �hc right u� havc
<br />-� • •� .� ccment of this Security Instrur�ent disoonrinuc:il.�at any time prior ta the earlier of: (al S duys(or�uch�►tl�cr p�riad a� . .
<br />_ � • app�lica?�!e law may spccify for ieinstatemenU�bbf�s�t•�satc of the Propetty pursuant to uny power oR��ale contaitmd in tt�iy
<br /> f_. Seour;ry instcumcin,a.;ar(b)entry of a j�dpnent enfi3c+ci�tg tt�is Securiry Instrument.Those wnditions are thut Bom�wer.1�)pay*
<br /> Lender alt sums which then wvuld be due under thiy Security.Instrument and the Nuta�s if no acceletati�nhud oucurreJ:lb)
<br /> - . . • cures:any default of any ather covenar:ts or ugceements:�ra pays all eapenses incurred in enforcing this 5ecurity•.In4troment.
<br /> - ;� '� � � including,but noi Simited to,reasarmb3.atturneys' f�es;�.n��td)�akes such action as Lcnder may rras+mably tequim tu a��urc
<br />_ � that the licn of thii�5ecurity lasuumer,t, i�e�,der'y ri�:s*�;`��'�;�y�►a$onower's obligation to pay thc sum�+ccurcd hy .
<br /> • . this 5ecurity lnstrnment sha13 c�ontinue unchungee2• ".,'��� r�i:��:aiement by Bottower, this Security Insttument :►rn1 thc
<br />° oblig�i�ns securrd hereb;� s'r,al�rc�rain fully effcctive as sf r,o z::•x�•�sation had occurred. Nowever.thiy�right tu�cin�tatc+li;►11
<br /> • . not app?y in the cas�of arceleration under pura�rapin 17. . . . .
<br /> .. .- . f9 Sate of�Note: Chan�e a?1:m��i Sen"ivea. '1�►e l�c�=�•r���ni�l interest in thc Notc(t�ethcr with Ihiti Sccurity • .:R�
<br /> � Instrument�:atmy bv sold one or more tcmes witnout pr.�T not��:r�,lEorrower.A salc may result in a changc in thc eniiry Yknuwn . .
<br />-- • us the"Loan Servicer")that collects monthfy}saqr..e::s c°._�4��J.'rye Note and this Security lnstrument.Therc altio m•ry he unr
<br /> ' � � ar mnrc ch��es of�the Loan Servicer unr,:hrtes3:o a s:ie 3r:'i�:`�otc.if there is a changc of thc l.van Scrviccr. Norruwcr a•ill hr .
<br /> ' � � given written nati�e of the changc in acec+rdan�w:c!r�arr�rdah 14 abovc anJ npplicable law.The no�ice wiN��ate die n:�n►c and ,.
<br /> • ' aJdresx of the nevi+ Lir3n 5ervicer and thr,ad�:ess ca c��;t�1��aYment�shoal�be ri�a�e. The notirc will alsu rn��fain any uthe� .
<br /> ' � • infiirmatiu�required by applicable la�v. :
<br /> ' Z0. Hazardous 5ubstances. Borro.�•er s?�a?1 rLC�nse or permit the pre�ence. usc. di�pn�al. .toragc. ++r rc�r:i�e ��1 �u►y
<br /> ° . . : • Haiardnus 5ubstances un �►r in the Pra ertg�. Bart�*.:�•et shall nut do. nur allow �nyom; el,c tu du, attything allrctiitg tGc • .
<br /> �; � � ( p
<br /> .� � . � {'u�pc�ly that is in�iolation of:u�y Environment�i �.::�}: The preceding t�r•o sentence+�haU nut apply a�Qie pre,encc. u..•. ��r .
<br /> ,_. _ . . ._i ,
<br /> . ,__ __ .tur.�gc omtho Pn�pCrty U��fAB��(�UOfiti2iCS Of H••�.�.r,i•� Substance�tha�are cenera{ly rec��gni«al�u he:tppruprtut�tv�Gurm.►1 _ ,
<br />- � � r�tiidrnti�l u��c and to maintcnancc of the Propert}. . '
<br /> y` ? , Pr:�3 0+a form 3020 fl�fl0
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