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<br /> - . .t`�`,;`.., � • Bortower maY asce sucN e detmift end�einsiate,as pmvEded(n pa�apfi 18, bY eaustn9 the acUon or proceeding to be . .E'_,
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<br /> . ;�: << • . des forteiture of tAe Bortower's interest tn the Froperry or
<br /> .� _ ' `?4 �, disMssad•xrfth e mfuig tAat,in tend�s good faith determhtaSon.prec1i .; Y`
<br /> eth�rtmtetlal(maatmfent of the flen aeated by thts Seariry instrumeM.or Lertde's senuity Urterest. 8artower sha0 also be in
<br /> _ .,.,°., deTa�clt it Borrawer durfng the Eoan applicffiion prace:�s.�re materi�illY false or tnacarate IntortnaL'oa or statemer�ts w Lender(ar
<br /> <<. � ta�led to pravide Lender wkh err� mat�lat trttomiallan)in eonnedlon wtth tha luan eridenced by the Note. Indudmg. hut not
<br /> m all
<br /> . . Umited to. �ePresenmttona conceming Borrower's oaupan�y of the Property as a prindpal restdence. M this Seeufity►� .
<br /> tr�strument is en e►easeAotQ Botrower shall compty wfth eU Ne provisions ot the lease. If Bomower ac4ulres tee tiHe to the � �.:; �
<br /> - Properry,the teasehold and the tee title shaU not merge�mtess lendv agrees to the merger in writing-
<br /> . � ?.protectian of I.eteSet'e RtghQs in tDta PropeRy t�BoROw�r faits to perform ttie covenants end a�eements�„� •�4 �,..
<br /> co�stned in this Sewrity fnshument or tAere!s a tegal proceeding thffi may si�ificent[y afteet lende�s dpMa in the Ptopertyt•O .
<br /> ` .;; ` fsueh as a praceedtng in berttm�tcy.probata.tar eondemnatton or forteiture or to entaree taw9 or regutat[ens). Lender'sdactloans � ..
<br /> '. da and pay tor wAatever is neeessary to pmtect tAe vaNe o1 the FcopeR�/end l.e�nder's dgMs in the PropeRy. ��
<br /> �:-�•,.:--`"`� may iisdude Pallin9 enY sums se�usad by a Uen wh[ch has pdor9ty over this Seau[ty Instrumcmf. sPPesr(ng Fn caurt. PeY�9 A;;
<br /> . •. :"'�`�. reesonuble attomeys'fees and ente�fg on me Prope�to make�patis.Atthough Lender may ffiice adion und�thfs para�apb '� .
<br /> - ,.-. 7.L�des doas sso!t�sv@ to do eQ. �� ----
<br /> My amourts msbursed�y Lender under pa►agraph 7 sheU become add'dtonal deDt at Borrower settued by thts Secim'ty
<br /> �_ ,.�, lns7umEnt Unless Borrower and tender agree to offier terms of payment, these amowrts sha0 Eeat irterest trom the date of •
<br /> ` " disbursemerci ai the Note rate and shaD be payshle,with interest,upon noUce from I.m�d�to Bortower requeste�9 OeiYment '
<br /> �-==�.;`;�-` �. MOftgB$8 ([131tt8liCe. 8 l.eider requined moRgage tasurance as a eonfidion ot maktng the Ioan secured by this
<br /> Sepirity tnstrument.Borrower sQ�aD pay the premiums�equUed to rtea6itatn the mortgage tns�uance in eftect.l�tor any reason.the r/''T, .=
<br /> � �, : mort�ge inswance eoverage requUed by I.�der lapses or ceases to be in eftect. 8orrower shall pay the premiums�o tha �
<br /> � obtatr►coveiage suhsmnrt�ny e�hratens w me moagage msurance preutousry 1n elfea.at a cosc subsmr�faUV equNac ':__;�_
<br /> , cost to Bonower of the moRgage insurance prevfousry in eftecL imm an el0emafe mortgage tnsurer approved hy lender. B Mr«.;��:
<br /> , . 5���{y equlvaient mortgage insuranee ooverage Gs not aveBabte.Borrawer shaU pay to lender each mornh a sum equal to
<br /> - - � one;weiRh of the yearly mortgage insurance premium betng patd by 8omower when the insurance wv�age lapsed or ceased to � ,,�'.
<br /> '; ` �"' be tn etfect. Lender w�aueAt use and reteU�these payments es a loss reseve tn Ueu ot mongage tns�uance. loss resewe �
<br /> paymerrts may no tonger 6e requ[red.at the apUUoc�at lender,if rnoRgage tnsurmice r.overage(in the emaurt end tor the pedod .
<br /> � tAat.Lender re�ires)Provtded by an insurer apP�mred by Lender agatn 6ecomes avaita6le and is obmtried. Bortower sha0 pay .-
<br /> �' er .
<br /> . � •�`.'F,�. the P��ired to� mortgage ins�uanee in eftect or to pcov(de a tass reserv�unh7 the requirement tor mortga3e ;.�:�
<br /> . insursttce enda in acxordance wfth anll�a�e�rt be�veen Borrower and Lend�ar appQcabie law. -
<br /> ... ' ' 9.InSp8Ct10A.Lender or fts�ger�t may metce reasonabie entrtes upon an d inspec8ons af the Pro p�t y. Lender sheU give ..,°:,:,-.
<br /> . ��..:�,;`�c- 8orrowa noUce ai the Ume of or�nsr to en fispedion spec�ing�easonabTe carse tar fhe 6►spectlon. -=-����
<br /> „+�ff�"�r�r 10. Condemnat�on.The proceeds o1 anyl award or dahn Mr damages.d'uect or cansequentffiI.in connectlon with arry .
<br /> �I�S�.g�/�frl i
<br /> � , , condennffiion or other tatdng of atry part ot the Properly. or for eomeyance tn Iieu o1 conderrmatlon.are hereby assigned end ;�,,
<br /> ''�'fi•``,; shaD be paid to Lender.
<br /> �',,;t}Y��I��:ic.
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<br /> • �rr:a. in ffie event ot a wt�l taldng oi the PmpeRy. the proceeds shaU 6e app�ed W the sums seaired Dy this Securfty •;°..
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<br />- ` ,r.;_:._ .. Instrumeni.wheth¢r or not then Que.with arry excess patd to Bormwer. In the event ot e par8ai tafdng o!the Prapatyr fn whiah
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<br /> ; � ,.•,(� the tafr marlcet valuo ot ffie PropeKy fmme�atelY betore the taktng is equef to or greater then the amourt o}the sums secured •°.•;;:s,
<br />- - ' , �y thls Searfry Instrumeat immematety before tfie mldng. un►ess Borrower and Lenda otherwtse a�ee in wi[tf►�g. the �¢ns :'�.:�,;
<br /> r j:, seeured by this Se�a..-3Y tnshument shaII be ceduced by the amourd of the�da muitfABed by ths fo0wc�.�f�adton: (a}C5e �E�
<br /> ���?: total amount of the s�.�s seciued immedtate(y��ore the taWng, �vfded Dy(�1�:e fair�rket vatue of the�periy immed[aUeh
<br /> . � ,`;,`: 6�tore the taldng AnY batanee shaff�e patd to Betmwer.tn the eveat of a�1aldng ot the PropeRy tn�'�i�the fair maflcet --= -=
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<br /> � � � ';� valas of the P�aPeriY imme�ey�ore the talmig is less than�se amouni c�3he sums secured 6nmedlatety betore tha taWng. ��;��::'
<br /> ;'':J}��`t�.` `. unless 6orrower end Lender oth�wise acgee in writing or ar+Y� apAltcat�e law o2herwlse provides. ihe proceeds shaU be -...
<br /> ayp�ied to the sums secured by th(s Securiry Instrument whether or not the s+.^rs are then due. �`�°
<br /> ;.;��:1,,:.�;�. —•.�..
<br /> - r"�:�'�: `� It the Properly is abandoned by Borrower,or if, after natice lsy Lender ta 8otmwer that the eond�:s�or oYters to mahe en —___
<br /> •;.. 9��• .'`£
<br /> ° y �. award or settle a�tm for damages, 8ortower taAs to respond to Lertder with:n 30 days aRer the d�the notice Is.glven, �.:
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<br /> ,.�:;.:.,; �- Lender ts suthorfzed to col��ct and appty the proceeds.at Rs optlon.either ta restoration or repair of the Property or to the �.„_
<br /> �� . :� sums secured by this Securfry Instrumen�whether or noi th�d��^ � _
<br /> .,,. . •":`!.,s: � �; Untess L¢ndet end Borrower olhenNise acyee in wrfttng� er►Y ePDlicaUon ot proceeds to prtr�dpat shaD not eM�ed ot � -'
<br /> , � • "� '� postpone the due Qate of the monthy paymecrts retemed to tn para�aphs 1 end 2 or change the amount of such paymerrts.
<br /> 11.�otra.�v Not Rete3sed; Forbaarance By Lender Not e Waiver.6aension ot tt-e 3:na tor payment or
<br />� � � � ��, mocllflc�Ion of a~.�u�:zaUon of the sums secured by thls Securiry InsWmeni granted by Lender to arry �sor in interest oi
<br /> z
<br /> ' � � Borrawer sha0 not openate to release the IiabNty o!the odglnaF 6anower or Borrower's successors in trrter� len6er aha0 not - .
<br /> `��^; , •�•.�:. be czquired to corrtmence proceedings against eny successar i�u►ieresl or retuse to extend tlme for paymerrt or oth2rvylse _.__°-
<br /> • ° mo�ty amorHmilon o1 the sums sc�cured by this Security tnsfi.�ersi Dy reasan of any demand made by the oAginai Borrest�er ar � -
<br /> � � Borrowers successars in inter�a. My forbearanae bl► LenQer in exercising any dgt►t or remedy sha11 not be a waUre►ot or E � -
<br /> ' i.� predude the 0c8rCise of 8nY dyhL ot remedy. � :
<br /> � 12. Succes� end Assigns Bo�ua��; Joint ared Sevea�'3 a3ability; Co-stgnors.The covene�rts and :
<br />- . �r,:�.
<br /> , �ry,;,. • e�eemerts of this Security lnstn..."rerrt shail birt��a benefit the successors�d assi�s of tender and Bortower,subjeet to the
<br /> : .:.r',�•r>�;;; .�� pravh�lons o1 paragrapb 17. Baer�rnr's covenertb end av�e�'�ts shalt be joint and seuec�.�.--". My Barrower who ea-sigrts this �-'�
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<br /> � �•`';''�•�dj� SecuAry Instrume�rt but does not execute the Not� (a)is co�ahT�mg thts Secudty Instrurt�¢onty to martgage,grant and eomrey y,_,.,:
<br />- .:�;s��;. . ; �-'.;..
<br /> �-`.+'��. �- that Borrawets ir~.�est in the Properly under the tem�s of t^.7s Searrtly In,,..�'-..r.ner� (b)is r.�ot personaQy obligated to paq the ��.,�
<br />_� • � sums secured b.}y uhs 3ecur(ry(nstrume� and (c)agrees Ghai Lender��s��y►other Bortower may e&tee to e�Gend,madfijt, �: �°
<br /> - ••-. _•;�i ' torbear or make a.��accommodaUons wttA regard to the tertrg et this Secr:ly Instrument or tha Note vrn�':out that BortowePs �
<br />- cansent . �',.
<br /> "� `' ' ' 13. LOS91 Ch8ig03. tl the foan secured by this Sear^ily Instrument Is subject�a law which sets maximum loan
<br />._._ . � �:��J.�- -.�•�•
<br /> - "'�`;�''-�• ' et�.�es, end that!aw is tfnaIIy irrterpreted sa that the IMe�st cn other loan oharges coLee?�i or to be coUeded in eonnecUon
<br /> ,,,.�..,. �_ �.
<br /> � wiLh ffie loan exceed the pennitted limits.then: (a)any such toan charge sF.�7 be reduced by the amo�mt necessery to reduce °
<br />� • ' "�'? the charge to ths permtited Omi� end (b)any sums etready co0ected ir�rn L'crrower whicfi mcceeded pa�nitted�its w01 be . �
<br /> • ' � � ?° retsmded to Borrower. Lender may choose to raice this re4und by reducing�':o pdncipal owed under tho G�ie ar by maWng a
<br /> � - }' �paymerR to Borrower. I} a retund reQuces Ddndpal.Sse reQudlon w�be Veatei3 as a parttal pr�7Ymer►t withou! any .
<br /> Y pe�ayment charge under the Note.
<br /> - � . � �� 14. N041C88.My noUce to Borrowe►provlded for in tkts Secudty tnsMrumont shatl be glven by defiredng it or Isy m39hsg it
<br /> � � � by tust ctass meit�niess apDQca61e law requUea use of another method. The notice shall be directed to the Proper4y AQdress ._
<br /> •�_ � � � " { or eny other aQdress Bortower destgnates by noUce to Lender. My rta�te to Lender shall be ghren by first ctass mail to
<br /> • Lender's addresa ateted herein or any other address Lender desi�ates by noUce to Borrower. My notice provided for in tAis
<br /> _ `- - SeCUmy tnswmerrt shaii be deemed io havn ben�y;r�io Oorrower ar l�dsr vfic:r�cy'1rn ass provlded in this p�a�..�h. �,'__'.
<br /> - .�, � ,.��• 1S. GoVeming Law; SevAt&611ity.This Sewriry tnsUument shall be govemed by tederal law and the faw o1 the ,
<br /> � JurisdicUon in whlch the PropertY is loeated. In the event that eny provislon or clause o1 this Secu�ry Instrument or the Note
<br /> � • ,` i con�icts wilh�p�caLle iaw.such con4lct shall not aNeet other provisions of ihis Security Instrument or the Ptote whicb can be
<br /> _ • , .. � given eitect without the conflicflng provision.To this end the provisions o1 this Security tnstrument end the Note are decfared to '• •
<br /> . , bQ seucraDle.
<br /> 18. BOHOw8P8 COpy. Borrow�shall ba given one contormed copy ot the Note and o1 this Security instrument ���
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