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<br /> • 7. Protectton ot Lender'�RIphU tn ths Prepe►ry. �r BoROwer �ai�s co Re�torm tne oo�anan�s .na �areorrws►ca
<br /> f oontthsd h this Security InsWment,�r ther�Is�MQd DrocG�dhp that may efpnHbantty�ttfeot Landere rlyhts in the PtopeAy(cuoh as
<br /> a proo�edinp In bunrruptoy, prabate,tor oondemnotbn oi toMRuro or to enlorc�ywe o�ropulat�ons),thm L�ndu may da md p�y toi �'`
<br /> `' f whatw�►Is nocYSaary t0 Ototect lh�vAlw of th�PtOpacty Ynd Gmd�� �Iphte h the Proporty. Londare aotbne moy inctud�payi�0 �
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<br /> � iny wnsz OC�urC9 by o Iryn L1hIaA hao pttority over this Saourity�nstrumant,appearinp In oOUR,payinp reteon�ba ntlom�y'e te�s�r►d
<br /> �nt�rinp on th�PropeAy to mska repeiro. ARhouflb L�nde�may t�1c�nctlon under this parapreph 7,Lender does no4 h�va�o do w. � �
<br /> My unounts dlsburaed by Lender under tRi.s paraQrepA 7 ehall beaome additional debt ot Borcowet secured by thh 8�aurtry�, �
<br /> � Initrur�t. UnNs4 8ortowor and L�ndor sqra to othQr tarma ot pvymmt, theso amounts shell beu (nterast hom th� dtt� ot� _
<br /> dlsbureomant at tho Note rate nnd oheit bo pnyaba,with interest,upan not�e trom lender to Bortower requeatlnp payrtwnt. �,
<br /> 8. Hfl6ifQ�8Q6 Ifi6►iP8i1Q@. li landcr rcquires9 martQaqo Insuronco as u condRion o�mnkinp the tors eecured by ihb SmourHy �
<br /> , �k� InsNUm�nL Borrower sha11 pay the pramlums roqutnd to mabtah thv mortpaqe Insurance h etlaot. Ii, tor any naaan.tM mo —
<br /> �'� ° hsuru�ct aoverrtQe rsqulred by Lender ypaea or c�asas to ba In sNOOt, Bortowar shatt pay ihe premiums required to obtth ao
<br /> eub�unt4tly equtvalent to the mortpaps hsuru►ce pravbusy h eHoct,nt e aost eubstsntlaity equbatent to ths eost to�orrow�r of tn�
<br /> �� ��*c� ,� mortynae insurence prevbuaq In eftect.hom an altemate moRp�go insurer approvad by lender. It eubstanttUy �quNaYnt moRW�
<br /> • i hduru�c�covaraQe Is not avaliabl�, �ormwar shell par to Lendor eaah month a eum equal to one�twelhh of ths yarty mortp�t� _
<br /> .� � hsunnca premtum Oeinp paid by Bortovrer when the insurance eovera9e tapced or ceased to be b efteet. Lender wIG sacopt.use u�d
<br /> �` �uh th�sa paymonls as a Iosa resana In ueu of moRQage hsuranca• loea resetve paymenta may no bn�ar ba�cqulrasl.�the •—
<br /> �� opibn ot lender. H rnortQege Insur�nca Covense (h tho amount Qnd tor tho pertod that Lendor requlns) providod by�n hsuror _
<br /> �pprovad by lander apatn becomes avali�ble and Is obtatned. 8ortowar 6halt pay the premA+ma reQuired to mafntah mortp�� _
<br /> hsuru�ca In ettect,or to provide a bss resen+e, untll the requYernent tor mortyego insumnce entls in acaoMance wNh any wrRten -
<br /> �prarn�nt Qetween 8orrower and Lender or appllcabie law.
<br /> �. Itft.pCCtlOti. Lender or Ns epen! may make reasonabb entrtes upon and Inepeattons ot the Ptaperty. L4ndar sha8 plw
<br /> �•� Borrowor notiae at the tYne of or prbr to an Inspeotton spectfying reaaonabk cause for Ma Inspaotlon.
<br /> 90.C4i1d@i91i�6U0ii. The procsads ot any ati+ard or cistm tor dams�es, dkect or consequentia4 h conrtectlon wfth an1 .
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<br /> COf10Y1tttlIItiCO�t Ylitei tonory v�mq yw.v. .. ,_ . —
<br /> ' pIIid t0 L9ndor.
<br /> In the eArent af a total tektnp of the Property, the D�ds shan ba applled to the sums secured by this Secu►il�InsCUma�L
<br /> � whiNar or not then due,wfth any excess paid to Borrowet. In the event of a paRl�l tekhp ot tRe Pmperty N whteb tht fair m�IcM
<br /> value of tRm Property fmmedlatery before the takhg is equal to or greater than the amount ot the sums seeured by 1hls 8�:ur�r
<br /> - • Instnm+ant d�nmad'atey betore the laktnp, untess Botrower end Lender othetwise agrea in writhp, the sums seCUred by fhb S�CUr�r
<br /> ' ins4nment sh811•be reduced by the amount of the proceads muhtplied by tha followhp hactbn: (a) tha toLt amount of tM wms
<br />' "'� aecurad h�ma0�atery Qetar�the tetchp. dHtded by(b)the taY muket va4e of the Properly h�medi�tey befo�tha tikino•Mr bWne�
<br />-, shaA bs p�id to Barower- �n the event ot e paAlai taktnp ot the Properiy In wAtch the taM market vdbe ot the PropeA�t imrt�edlnLab
<br /> _r ' • b�lon tha fekhp ta iBSS th8n the amount of tho sums secured knm9dlateN betore the tekhg.un i e s s B ortowir ued LOnd1r otl�atwis�
<br />-�s�..:.;��.~ tyea In wrtthf9 or unfoss appticebb Iaw otherwise provtdes. !he Droceeds shsH b9 ePDQed to the sums e�CUred by thts S�eurM
<br /> - � !tt^�ssGSGS'2�!�lse!4t rs�Lt+?�m�ms prw then due.
<br />-___e -, - If tR9 Property is aDandott@d by 9ortower,or if,after notice by Len�r to Bo��ower that tha eandsnmor ofl7s to m+lce en ewud a --
<br /> �-r:-� �° 6etti�a aiatn tor dart�ages.Borrawer iaAS to resDond to Lender wRhin 30 deys ati¢r th�date Me notiee L9 pAren. Lende�Is authortmd
<br /> .:.::r��.�i: tp�opact and apON the Pf�ds.at �a opUon,efther to restoratbn or repatr of tho PropeAr or to the sums secured bp this Soeur�l
<br /> � insWrnenL wAether o►not then dua
<br />�'Y,•9..�.<", lTn3irss Lendar and Bortower oUterwtse e�ree in wr@h0.e�Y ePPGcatbn of proGeeds to prinaipal 6haA rto!YxRend or postppu tM
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<br /> �„{,:;,<';,;,:4 due da9a of the rt�onthy paym�ents ret�rred to h pua9raA�1 ond 2 or chanpe the emount of such payrt�er►ts.
<br /> � r.�s���� 11.Borrowe� Not Relea�ed:Forbearence By Lender Not e Waiver. E,aens�on ot en� wr�e tor varne�►t a
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<br /> ••,.v•y,.� " mod'dicatlon oi arrtortization of tha sums secured by thts 3ecurity Instrurr►ent pranted Oy Lender to any Suxassor In hhfr�st ot Ham�rr
<br /> t�'�-=�'=� shaG aot operate to release the IlabifitY ot the orghal Borrower or Borrowers successars in hterest. Lsnder eha!not D�roQuted t0
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<br />_�F�.,,;� cortunena�proceedirtgs agatnst erty successor h interest or reNse to e�dend dme tor payment or otherwlsa modUy unort�atton o!
<br /> '-'-`'°'� � sums stxurad by this Seeurity lnshument by teason of eny d�nand made by the oriphal Borrower or BWrowars wccesso�e b
<br /> '°�--=��� intsrest My torbea�ance by Lende►tn exercishg any right or remedy shall not be a weArer of or preclude the exerciss of anY�IpAt a
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<br /> -:�°_�.�+� 12.Suecessors and Assigna Bound; Jolnt nnd Severat LtabtUty; Co-atgnera. nte eo�amn�s and
<br /> - _—= epreements of thts Seaurity Inswment ehaU bad and beneFd the successors a�d asstDr►s of Lender end Borrox�x. 6ubjsct to th�
<br /> - � provisiaas oi paragraph 17. Bortower's covenanis and egreements shall t�e joht and severaL Any Borrower wlro casipn9 this S�curih
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<br />_������ InsUu:mm�! but does not execute the Noto: (a) is co-st�nhp this Securily InsWment onry to mortQepe, prant, ead corn�r w^ut
<br /> �,�;;�:.�. Borrowrars iMerest h the Propahr unde�the terma of this Securay lnstrument;(b)is not personaly oblip4ted to tosY tha suens s�ound
<br /> �"� by this Securily Instrurt�ent; and(c) eprees that I.endDr end eny other Borrower may e9ree to ext�nd.modi�r. tarbwr or m�iw�nY
<br />���'-�`''�� accommodations wRA reperd to terma of thts Securt'!y InsCun►ent or the Note w�ltcut th�t Borrowers consent.
<br /> ---�x'� —= 13.Lonn Chargea If the ben seCUred by this Secut�ly Insirumertt ts Su41� to a law wAieh seis ma�dmum ban ehar9es�
<br /> °4'�'"•�� and tRst iaw ts fhaUy hteryreted so thtrt the hterest or other ban oharges coD�oted or to be ooileated in connaotton w8A the btn
<br />���F_� exceed th0 pertnitted IimRs.then;(a) eny such ban charQes shail be reduced by;the amount necassary to reduce the chocp0¢o th9
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<br />,:-;,,,a,�°-" permiKed Gmi�and(b)any sunss already coltected hom Bortawer whbh exceada�petmhted iimRs wID be refundod M Bortowr. L,ind�r
<br />�ica__.._���_�-:�, n�ay choose to meke this refund by reduehg tha pdnCipet owed under the Note or by makinp fl dir�eot pa�rma►flt to Barower. I!e �
<br />" '- �'• retund reduces pnc�tpal,the reduoUon wilt be treated as a partlal prepaymer►t wfthout any prepayment aherpe ued8r the NotO.
<br />�� :�;r��.' .. 14. NOuC@8. MY notiCe to t3orrower provtded for h lhis SeCUrity Instrument shad b0 plvee br deiiverht� k or DY mailha R sY
<br />�_ �•� ���' �ri_ � ttrst ctass mail uniess appl'arible Iaw rot�uires use ot enother method. TAe notice sha0 be dkected to ths Properly Address or+Jn1 -
<br />_ .� �... `
<br /> " other ad�ress Bortower des(qnates by notiao to Lender. My notke to lender shflll be gtven 6y fl[st class mail to �wMere addttiss _
<br /> ,:.�:':. sffited hereln ar enY oV►Bt address lender destgnates by notiee to Bortower. Any nptiee Prov(cied tor h this SeCU�y Inatrumen2 sh1Y '
<br />-,;��."... , ` be deertr3d to have Deen 4Nen to Borrower or Lender vrhen ghren as Provided N t7�ts pnraqraph•
<br /> . . t5.�ovemi�g Law; Severabittiy. rn�s secumy instrument ShsA Qe:9o�8d by tederai r�w ana �n• taw or �
<br /> , � juNSdiCtlon in w4fkA the Pmperty ts lacated. tn the event that enY Pmvisbn ar cTause Of thPs Security Instrument or thi Noto cOnlOcts
<br /> _ .., . �' wgh c�pp�+tabt� taw, suoh conrikt shaU not atlect othar provisfons of thki SecurilY lnsAUment Ot the NotO vrhbh t�n bo p[�'+e1tYCt =
<br /> _,�,�'�'" wLhout the aonti'�otY►g provtslon. To this end the provistons o}this Secur�y insLumsnl nnd the Note are deate►�d to be sArerabte.
<br /> �a Rnrrnrrer's Cnnv. eortower shaU be nNan one contortned eopy W the Note and ot this SeCUriY�ns1n+�nent
<br />-{ �>" "�. 17.Trensfer ot tP�e Property or a BeneHetal Interest U Bo�vrver• It ali or any patt of sne Propeny m�nr _
<br /> ° hterest tn @ ts sold or uansferted for H a ben8fioial hterest In Bortower Is sold or trensferred and Bortower Is nOt a nature�Person)
<br /> � '�` wNhout lendar's prtor written consent,Lender may.at its option,requte Ynmediate payment in full of alt sums secured O�r tA33 Seeunlf►
<br /> (nstn�men� Hovrever,this optlon shatt not be exercised by Lender B exercise ts prohmited by tederal law es of the date of this 9ecurly
<br />". ' • InshumenL
<br /> . It tsnder oxereises tA�s optlon, lender sRall plve Boaower not�a of aeceler88on. The noUce sheU provido a paiod ot not Ioss
<br /> � thgn 3p days hom the date the notiCe is dsUrered or mailed wRhh wAbA the Borrower must pay aU sums 6ecured br M��'.+�CUtht
<br /> tnstrument It Bortower taus to pay these sums prfot to tA¢expiration of thts period,Lende�may invoke sny�ansdies Dem�Bted b�►Nis
<br /> Sacttt8y Inatument wRhout further rtotkw or demand on Bo�rower. FOt"`�0�°°�
<br /> F1020.t1t0(10/C� Pap�3 ot 6
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