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<br /> . wbstantialo� eyui�alent moncaLe in.ur.enir�ti��er�ie i.nut a�•ailable, fi��mn�rr+hall pa> tu l.rnd,r c.Kh num[h,�.um cti�uai t�� *� � � < <.;:•.
<br /> . one-t��eJfth��t the�carl�ntc►rigage iri�usu►c�premium t+eing paid h}Be�rroarr��hrn tlir m.ur.�mr�u��ra���tap���l nt��a,tyl to .�,.: : _':.::; �: � .
<br /> � � �. �,. be in eff���t. l.end�r�v�ll iur:ept.a+e and ntain the+e p��ment.ac a li... R`Kt1C til li�u ��t nzurts��Lr �n,uranr�. Lo.. n�r�c ''�s. :� -` -'•��•�>•,-;.--.,..:�.
<br /> j-, - - , p�ymentc�eay nu lanr,ti t*c nt�uintit.st thc optis�n of Len.trr,il n��rt�a�e in eran:c:.•�c-rasr�iu thr amvunt and t��r th:{�r�cd , ::r'.:
<br /> - th,�t L,ert�3.z raquist�s►p�a�i�i;�!h.an in,urer apprutir.i h} Ikrhi�r arain!kti-�hi.�-a�:tiiabk and f..ihtauk�J. Hurn.ti�:t .k�.qll�n � ' w � .: :
<br /> - ' thc premiums r�wmi tu nraintain ncvMg:�,�in.ur.►nce�n e1f�Y,.�r ta pn»idc a lo�+r�wene.u�itl thr rcyuirrtn�nt fur ntartg�st� ;; °, :
<br /> � � ' in,ur.�nce�nJ.m a�tiurd.utcr�cith ana«ritten:�cerm�n*,het��t�&,rn�arr snd l.cndcr�K:►ppli.abic la��. `,� .� ?, �
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<br /> . . , ' 9.[nspectinn.lw�id�v or i�.sL�-at a�� m:�Le r.�ason:ihte entri�upun:erxf i��,gert��,n.ot ttir Pr�;ncrtr. Lrnd�r.ha11�i•e� ��� ��`�` .
<br /> &,rrouer notice:u the tin►e uf�•r Qric�a t�•an ia•�CEtOB�P�'�'1t}tf1L ft:Sti��tlal�lC�:tU�e 1i�f tlt�tii+�R\ti.�'1. � .f,`.��;V'
<br /> - i0.Coadentuatlan. The�s-eee�tr�uE;�� aua:�ur cla:� ti,r dama��y. Jir�tit ar�o:r:;ey�c�-cttea�, in t►��n«tion �tiitl►am C �!�: .;;. ...;..�>
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<br /> ,. . ' troaz+ta�c�c�n ur esihev lai:ing u;ana asrt El!the Pn,Fesi>. ur t+�r a�n�e};►nce in lieu t�i�-ra.i:^rn:,a±ie,�.:cr�r h.r.h� a•,i;�n�ti!:uiJ� ,;•,, y:' ,°�.;
<br /> ` �t�aS t lY p;i:3 to Lxnd�r. ., .�;" �:. •,
<br /> . . � In the e��ent ot's tut:iE t:�in_aT th.Pmp�-rty.ih�pro��ed;sh�lt Be a�+°.ictt t�Eh��uin.+�un.ti!b} thi:Sc�iurit� Irs.trun:�nt.� I_� � ,� .} _;' '_'±
<br /> � N�thu n:rt�K t?�.en du�. N�th:ut} rxccss paid tr g�,rr��xer. In t}:e e�raE�*t a p;uti:�E taSiR_u�Ehx Pro�rta i�t ��hi�h th� f.eir� ,- - -- ---. . .
<br /> , "���' marEcet�atc�of ttu�P►vpen► immctiii�tets befote ehe faQi-tg i�eqwi:iu ur�c�ter th;�n[itr snt��u:r:+,€th.wsn..�cutc�!�} ei�i. -- -- -
<br /> � Se��uriE� Ir��siricnirn=.imttA�tsai.t.before the takim�.an!�:BorrciReF as�!E.eFUi�r othrn�i+e:t;rc�ia wnting.thr�::n�.x�etn�t b} �� .
<br /> �i; �� {�����sh;ilt be rtduced by thr am.��unt of th�:prck��1.: mutciPli�-c! F+y che ft�lluwin_ fre.ti.�n: ear dtt t��tdi �Y
<br /> • . �� arr:uuet ot e4��un��cured immediate{r tkfiirc the takin�_di�•idtd b} Ebr tf�r:fair mar6et �:ilue uf the Pcat�cn �mtro.�iatzl� �. � r.:,: :}"_y.i
<br /> ... _ A 6efurr dv: ta5ing_ Rn}• balancY,BaEt Fe pai�t�ti B�`ruuec. [n thr eaent uf a partEaF tal�in� oF the Pc�,Q.rt� ��e wbi�&iEn:f:uc ,. . . ,:,;,.,�,�;:, .,i�.,.:,
<br /> . , .� � market�aiur of th�PruQecty inur.eS�atei} 6efure the teking ii F:as thatt tP:t ait�uunt of the�ttntr;�.-uraci�mmklfistet� F+efc�re the • ,,";c ',p��;..._.:;,:
<br /> ' takins.ac�,a Burro«er a.-td Lender utF.er�31�agt�:in�ricing or unl��appfi�bt:!sw oL�:�Kai�e p:�•�id;:.tF:r prc�Ye�f.,stzaii � ,qf,�1 •y 4' _
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<br /> be;�pli�f c�,the scims se�-arerf L+ti tfri�Se►-i:cin Ea�ene u.it��cNr.�r oc c�t the sums are tfi.'n rS�. -rs?"��' : �
<br /> � [f dv:Rvp�-rty i�aNar.d.,re�i b� S,,�rower.vr i�.aft:nuti:r bf E.enJer t�B«�rn�Kes tlLi::th�coed�rn�:�r uff:n c�a n�a�e:tn r ' Ys�LY
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<br /> � '" �� aw:��t Sett te a c taitn Fc�r d a,.-r,;�_�_ B�r r o w•e r f a i h t u[�p u-n f t o E x a d e r Hi t t!in 3�'��f.tw�sfE.t the cf:ite tlie nar.cx i►gicen_ � � . f tr�r- __
<br /> ,.';,..?.'.. . ^ Lender i�author��f t,�c�.�?t�-�-t ar.�a�piy�the pmceedy.at i��r��i,,R,eett:er to re�cvrati�,a E�t z�E1.2IF PE L}l�Pi't1�CC!)t�:I;*tFt�sumi ��};l����!3:_�_
<br /> °� ' `' secured hy this Securit�:f�s�-ru�rnt.wt�e[her or aot then du.. - ---.
<br /> :' � '; Unless Lerife�ata'I.�trower othern•ise agr� in�criting. anY a�p[ic:�iiJ�a€p7�axed� t:i ��a:ip:�! shalI r.ot ext.r.J or �. -
<br /> r•%a po�tpoae the due dc�e c�'E c�e rnonthty payrteents referred to in c:���,�ar�r3�<�,'cirs::=[{LC`aR2nClT.?a�Y SL�:�S pwxy ments. ,
<br /> S`�;�� ll.Borrower�ot Rele�ed;ForbeArance By Lendec\oII a�i'�_Ec�.�.'a�t�f a�e asae fos pa?saen:or cr�difcatiau �
<br /> . ' �,'` of amonization of ehe sur�s secured by thi�Security Instrum�z�Ranc�1�) iznt�s ia a�y sLCce�sc�r in ir.t�rest Uf Be.�rrrraer snall �3��,>f����,;$�_�:
<br /> nut oQerate to release the tiabilety of the origina!Borro�oer or Borrower s�z�:�sofs i�ir��st. Lendec+hali nut tK ra��irad to .;�.���,�r`�`���==_
<br /> � �-' commence proceedin`s aDainst any'SIICCC550i;i:1 1C:�fC�i Oi iCCUSe[6�Yt.:xi 3iri�z fur payment or otherwi�e modify ainortizaiian �.�� _
<br /> � ` of the sums secured b�� this Security lnstrt��oent by rea�on of any �:n'� made tay the origi�t'. fiii�ruwer or Sorrower's _ _
<br /> .r ��'��`, successon in inte�t. Any forf�s�rance bY Lea�d��in exercis�ng any ri�fic or rernedy sha'<I not be E uaie�er af or preclude the : :.' . ��
<br /> �
<br /> '�.`� ' exercise of any right or reir.edy. . � '' ' �
<br /> , �?k;�'�`i , , 1 2. Successo�s un d A s s f g n s B oua d+J o i n t a n d S e s��r u�t L l a b i f i t X: C o-s i g n e r s. Th e c o c e n d n t s a n d a g r e e m e n t s of this � � ��•�
<br /> ti:• .. ��
<br /> =;t;��?{'° - �,•, Socuriry InsYrument ,hall bind and benefii the successor�a.-�cd assiaa�of l.ender and Borrower. subject to the prdvisions of �
<br /> ��� •.. � paragraph 17. Borrower s covenaats and agreements shall be}oint and s e v e r a l. A ny B o r r o w e r w h o c o-�i g n s t h i s S e c urit y .�
<br /> �",;;,;.,: ',- InstrumenE but doe�.not execute the Notr. la! iti•ccrtigning this Secu�ity Inspumer�i anly to mnrtgage. gc'ant and convey that
<br /> '' � Borroraer s inter�si in the Propeny under the terms of this Security Instrument:tb)is not penanally ob�igated to pay the sums ;:,y: �
<br /> �- ''�r;!r,��x�,.: .< _:•:
<br /> "��'-��• ` • secured b this Securit lnstcua+:�t:and(e)agrees that Lead�r and any other�orrower rnay agree to extend,mociify:,fozbear or `�'��,��.,� ..
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<br /> ' �_�,�,;*' make any atcommadations witt*'icgard to the term.ti of this Security Instrumem or!he tinte without that Borrower's a►�asrnt. �
<br /> . �••�' ;.�� 13.Loan Cha�es. If the�4�arE secumd by this Securit}f�trument is subject to rt�taw which sets maximum tasn charges. ;<<� • �_
<br /> ' and that la�v is f nai:z� iauerpreted so that the'v@terest or othec toass charges caltected os�in be collected in rnnnection with the ;�,::.,� ���__:
<br /> ' _ �•'.• '• ' [oan exceed the pe?�ni��!limits,then:(a)any sucw loan ciiarge shalE dz�ezluced by the amount necessac�ta reciuce the char�e v,!''� _'
<br /> fr) � � ro tRe permitted tiisnu:�r.d tb)any sums al�eatdy cc�ltected frvJr Bortro�tr wd�irl+�ezceed�permitted lim�will 6e refunded ta. ` _
<br /> xS/ Bosrower. [.endzr may ehaost ia�trake this refund hy recdteeda�th: prtr.afiaE.mce�l t+�nc�tr_the l�ptc.or by mal+t�a direei ,,,
<br /> r4^�r ' �,
<br /> paYmene to Borra«er. !f a ref�rr� redu:� principal. tt�'���craon a�f! tu aezc�u��s ss p�rt+at,pr�paSment.•irrai�pu� anY :' t r w ._
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<br /> prepayment charge under the Note. ' • } _�'_�—'
<br /> �' 14.Nottces.d►a'rtotice to Borro�ver provided fnr in this Security Insltument shall be gicen by dbl��tiring it or by mailing. :' r� '�S' —
<br />° , ;;,,._ .':, . :;� it by ftnt cla+s rr,�aB wnle�ss applicabte!aw requires u�e of anrnher mettfad�Tha natice shall be ctirecttd�to the Property Address �;�.;;.;;;. a�.__
<br /> or any other addre�s•Bonoµ'er designates by notice to Lender. Any noYice ta E.ender shull be gi�en by first class mail to. ��fr f � ,�.�s_
<br /> ' �;:.o�«yF} "�'� Lender's address stated herein ot any other address Lendet designates by notice to Batro��•er. Any notice provided for in this . � � "
<br /> : ;"�f��};f�ti1''' "�.':� Security instrument sha11 be deemed ta have becn given to Barro�ver or Lendcr�vhec►givefi:a�provided in this paragraph. �f�t��; :
<br />".,;,,�;(?1�}�if�r.,.:'`;'. �S,�v erai�g 1�Sw; Severabilit y. This Security instrument tihall be goremeil'�i�y federal law and the law of the �, ��..,
<br /> ���.� jurisdiriion in w6ich t he P mperty is towt e d. In t he ecen t t h a t:�n y p r n v i s i a n o r c l a u s e o f.:t h i s S e c u ri t y I n s t r u m e n t o r t h e N o t e 'r'-'-�.
<br /> � amftic�s with applicable law,such canftict shu19 rtat:iffect other prov�sions af this SecuritY i�.titnunent or the Note wfiich can be } -� _
<br /> �� �� • given effect without the conflicting pro�i.tiian. Tu ihis end the provisions of this 5ecurii�i�Th.Strument and the Note arc declared� • _
<br /> r�� a;�:{a, '` � tobaseverable. . r''�: � ��
<br /> � '�'x}��' !6.Borrower's Copy.Borm�er ShaU be given one rnnforme�i copy of the Note and vf this Security lnstrumont�, `� k ���
<br />- � ���';E±�'f• • �. ;. 17.Trnnsfer of the Property or a Beaef�cial Interes!in Borroa•er.If ail or am•paxt.of thc Property or any mterest in it ��i
<br /> •• � ' is sold ar transferred(or if a beneficial interest in Borrawcr is,ald or tranyferred and.B�rrnwer is nat a natural pctson)without �.':-.`.;: ,
<br />-' - - Lender's prior written canscat, l.ender may, at its option. rcquire immediate payment in full of all sums secured by this � �.i:y�
<br />- - �� Security lnstrument.However,thi+option�hall not be exercised by L.endcr,ii ewerc�s«is prohibitcd by federal law as of the date .3.: :..�•::.�r�,,.
<br /> af ihis Security Instrument. �" ' u
<br /> _i , � If Lender exercises this option. Ixnder shall givc Borrower ni�tice of acceleraie�c�r-.�� �e notice shall provide�periad of not
<br /> _.}�. . ._`� Iess than 30 day� from the date the notice i�defivered or mailed within which Bc+�ov:er must pay all sums seeured by this
<br />- . . . Security instrument.If Borrower fails to pay thcse sums priar to the expiration of this period.Lcnder may invoke any remedies �-,_,;;�:�,, �
<br /> � '�! permitted by t6is Sr.curity lnstrument withou�further noticc or demand on Bonower. ' x.
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<br /> : ` • 18. Borrot�RS's Ripht to Reinstut�:, 1]: Borrower meets,certain conditions. Borr9ivYr,shiilb have the right to have .;
<br />_` . ."..� enfiy,cement of thiti Securiry Inctrument diyikit�ih���3t?rlb�.cime prior to the earlier.oi't.�{�:) S�.d���r�:Sa�r such ather period as '� ••�f�.q',;,;�•.:;_.?';;n�';"
<br /> �'�:�.r + ' �� ap�liarlif�c law may specify far reinstatemerit���6efori sal�:��:l�the Property pur�u:ant:rr��tn����u1y"tar�:J�`+ale amn�ined in this �, �y4�f ��11� , .,-,,
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<br /> 'f,���.i;� .. - .� �;��r�t��.l,n�trument:or lb)entry uf a judgmeot cnforcin�-1lii;�•..n�urity Instcument.'I7i,�Ke�an�d[tsvti���e that @uirriw�:�-Qa)paY ti �{� .
<br /> �• �, �� t,.�y},i��.�l:yun�s,whi�:h then woatd bc due u,ndcr this Sec�fsiiy.Ctt�tr,�mc��t �ui�d�the h'�fi1::us tf no:s;cxtleration had`v�uu►'red:tbJ,:.� �: . � E�.,�?�.�+'t' . . . . '.
<br />-��;;,�i �. � _ �,;�:,;� cur�s�ah3�:Jt1E�uit�:��Y uny other covenant4�r.3�reements:Ic)�cys:a11 +txn�?c��pt�s inc;ux���ia�.enfarcinli this Security ir�strunseni:' , �• .
<br />==':';_ • :',t inclU�i�iF,��tiu:�a�ac U�ititcAl.to. reasonable auorncys fces:and(d)ra9r�:i.:�u:��:u;tto;��,>�I.:r�aJcr may ma_�onubly requite to assu��. � •,'..., �+. .
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<br /> .t}A4y„a,, Y}1a1���c{fen uf t�:i'��5ecurity Tnatrument. Lender s righes in the i'm{��y.u3,i��3�n-�i�a►�"r w��fifigation ta pay the sums securc:d by � �
<br />`='_.�,p�t��• : . , this 5�urity ,lnstniment ,hall continue uncfianged. Up�m n:inst:ss�u�r,ita L��� �3i?�m;+w:►�. this Security tnsttnment and the i'���,�}!:,,,;� 9�;� .
<br /> r,.�4S <��ti •
<br /> -- �'r� �;,��•�•i�. obfigations secuied hcrcby sha!!remain fu(Iy effertive a,if na accx:lera�inn'►euti'��u.til��d: Hoivever.this right to reinstate shaI! ,, �,i<< .. ..�.
<br />- � �.;y- '• nnt apply in th�case of acceletation under paragraph ll. ' . �;°':"`�t�`;'`:�;;`.'�"�t .
<br /> • �a�.; 19. Sule uY{�ote; Chan�;e of Loan�!+eri+ice�'. Thc Natc or a �xutillf�intcrc,t in the Note (tcigether with this 5tcurity '` � a��' ' °�
<br />_„ . • � � instrument)may be sold one r�r more times aithout prior notice to D'ucn►w��:A sule m:ry result in a change in the emiry(knawn ''�t�,.� ,�
<br /> T.._ ' as tlie"Loan Scrvicer"►that collcets munthly payments du�undcr the:��ri���d this Srcurity lnstrument.Thcre also may be one • `
<br /> � � � � or more ci�nges nf the i.�an 5crvicer unrelated to a sat�:af the Nme.If�here is a ch:uige of the Loan 5ervicer.Borrower will be
<br /> . �•. .: ..
<br />— � - siven written nutice of ihe change in ucwrelance with p:�ragraph I�t sbo�`e and applicable law.The nuti�will�tate the ttame and . ,
<br /> ' addre�s of the new Loan Servicer anJ the adJre�s to which paymcn►s�liuuld be made. The notice will also contain any other
<br /> inform:►tiun reyuired by appliwbte la+v. � � . '
<br />-� � • 20. Hazardou9 SuBstances.8urro�ver sh�ll nut ��au�e or permit the presence. use. dispusal, starage. �rr rclease of any .
<br /> =` H:�atduu, Substance5 nn ur in thc Propchy. Bormwer shall not do. nor alluw anqone else tv do. ;,nything affccting the .
<br /> ::: ' . :
<br /> ��' � Property th:it i� in violatiun uf;any Enviummental law. The pmceding nvo eentences tihall not apply to tl�e presence,me.or � .
<br /> : .:_ "'�-°- _ titoragr.►��ihe P��ycrty is:+.nrr!!q�uities�f!laz�trdau•tuh�tan�rti that are gcnerally recogni[Cd tv bc appropriate to nurtnal �� • `_• ,
<br /> __ � � residential u�eti and ti�m;►intenrncc of the Prupen}. ;
<br />.i'f�� Pago 3 of 4 form 3028 9;80 � .
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