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<br /> � �-I� fi t8. by csus'utg the ndiort o► pmoeedfng tn be � -
<br /> � �. .i•
<br /> , . Bam>wer may cuce such a defauit and reinstate. as pravtded ���ot the Bortower's int�esi in the Property cf ,� 4, :
<br /> '.�,._ . �;�.
<br /> ' �ismissed wiN a ntMg tAat.In Lender's good tsitf+dete�minaUon.P �or Lender's secu�ily inteest Borrower sAafl aiso be in `�,-cv°
<br /> _:-- _- �� ' other mate�'1a1 lmDaimie��t of the 8en created by this Secudty�nst�um iaise or inaaauate dstom�ation or sffitemeMS to lender(or , — `.
<br /> Qcatton ptocess.Save matsrFa�t! -``� �"'-
<br /> . . `���`' detaute H Botrawer.QutUtg tt►e loest apA :,
<br /> � ` taDed to pro�(de Lender with a�Y m���ortnattan) in eanneetion with Me toan�18 P��af restdence.�thb Seauit�l . .
<br /> . . _. � Umtted to. reR�ese�u°ns concernin9 8ortower's ocapan�y oT the Froperty tee ti�a to the �. ., ` `�
<br /> ` with a9 the provisions ot the t�se. 8 8orrawer ac4u�s ,.,Y..,
<br /> ` �a ._.�..'� . tnstrumer�t �s on a feasehotd Bcrtower shaD compN to ttre merger in w�ittng.
<br /> , .. � p�operiy.the teasedatd and the tee t�[e shaU not merge unless L�der a� , � � •'.
<br /> sha
<br /> 7.pr�tectlon of Lsnder's RtgMs in the Property.11 Bomower ta7s to P���e COVenants and acyeemeM.s
<br /> `�<�', thffi malf s[���M►�iect Lend�'s�Ighb (n the ProD�Y " :
<br /> carrtaft►ed in tNs Secudt5►��►� or there is a legal proeeed�n9 ;, �._'w.
<br /> din
<br /> � ` �. (such as a proeee�n9 in bar►lwPt�Y.Probate.tor condemnaUon ar toAe�re ar to enfarce taws or re�utatlons?.thender's adlo�na ���": �,.
<br /> `'-'°,+ in eourt. Payln9 � •
<br /> do and paY tor whatever ts necessaN m P��the velus ot the PropertY end Lender's dghis tn the ProPe►4Y• .
<br /> r`- . .- : `
<br /> _..s--""'"'' - maY in�dude Dayin9 anY sums secured by a 6en which has prlodh► �Y�Aftho�ug Lender maY take aeU�der ttds O��Ph :
<br /> '"�,;��� reasonabte attomeys•rees ana eMer(ns an the Fro�ty ta�ke�eDaUs. .�
<br /> �`',. �� ;>�`�•'=' 7.Lender does not have to do so. �� c.
<br /> � My amaurds dis6ursed 6y Lend�anda paragraAh 7 shall become addRianal debt of Borsower secured bY thls Securlly �
<br /> , - � •�'r tnstrumert Untess Borrawer and Lender a�ee to other te�ms of paymen�these amowrts ehaD bear interest iram the date ot .� �
<br /> ::�z r,<.,; �
<br /> . _ . dis6ursement at the Note tate and sha0 be payahla wdh interest.�rance as a wnddion af�maldn9 the toan sPecured bY this ;,:.-• °, : -
<br /> � S. M o r t g a So (nsurattCO�. N i.�.md�requtred mortgage - .:::..
<br /> Seaufty��strumen� Berrower shaU pay the premiums recNire d t o m a b�t a l o t h e m n rt g a g e i n s u r a n c e in eRect.H.for any reason.the� �4, ,•
<br /> ' t.3
<br /> 4 martgage insur+ance coverage requUed by Lend�IaPses or ceases m be in effect. Barrow�sha0 pay the premiums re�NUed he � .�'
<br /> . oDmin coverage substaati�llY ecN i+r a t e�t to the moR g age fnsuranee P�eviousry in efted. at a cost suLstazdlaQll� L e n der. H
<br /> c�st to Bortoyver af the mortgage insurance previoustyt in eftect,trom an attemate moKga9e tnsare r app r o v e d �l► .
<br /> - " subs�ntiaBY e�NivateM modgage inswmice coverage is nat maitaa6te. Borrower shail pay to le►da each month ed a ceased to� , ,c
<br /> wat b ;:•
<br /> �- - one�twetfth af the yeaAy moRgage insurance premium 6eing paid by Bocrower when the insutance coverage taP , .
<br /> � - , be tn effecL L.ead�wiA aecept.use and retsln these paymerrts as a toss reserva tn lieu of mortgage insuranee. 4oss reserve �.��c r,-�; `
<br /> `. _•,.' ..'1.=t payments riiaY no tonger be tequired.at the op�on ot Lender,if mortgage insurance coveage(fn the amount and tor the pedod . .. .
<br /> ' that L.�der recWires)Provided bY en insurer approved by Lender agafi te�cr:s�as avalable and is ohtained. Bortawer s�.�!DaY �., ,„ ,
<br />- �; `�� ..� the premums cequired to malntein moRgage insurance in efted. or W PtQ��a loss reservve�un�l the requUsnent for mertgage .
<br /> insuwnee en�s in accordance with enY+n�ten 8gree�rsent het}veen Borravrer amd Lender or app�icable Iaw. Lender s'h3ii 3ive' .:` : •.
<br /> r �-- '�� °�± 9. Ine peCtlon.Lender or hs age7ri may make re�as�ahta�rtries upon and insperxans af the Roperly� -�-
<br /> . reason a b le c a u s e t o r t he ins pecdon. ``:"!;; ,.
<br /> .�:'�• ` `;V•�;�."-� Bortower noUce st the Ume of ar psior to an lnspedion sr2�yL-�g �.as�
<br /> ::`ts�urr,:
<br /> � � :" �'Y 10. Condome►atton.The proceQ.�s��y����f��m��a n�Re�condemnatton�aze herebY assi ed end �. •'9t'�;{��;:
<br /> �•:�, condemnatlon or ather taldng o1 arry Part '
<br /> � �~` s118ll be peisl to Lender. s�r,
<br /> f of the PraP�b'• 'u►8e n:aceeds shaA be aPPUed to ihe sums se.cured hy this�Seeu� S �
<br /> � . � , In the event oi a total taWng �d�gorrower. In the event ot a paRial teldn8 of the ProP� iX;
<br /> . Y�, . tnstiument,whether ar not then due.w�a��p r then the amour�t of the sums seeured - ,.:-�y
<br /> � � � the(air mazket vatue ot the Propertll Defore the teRfig is equat to ot geate the sums �'�i._.
<br /> , ,•. , b�ax fhe tatdng� uniess BOROY��4lid LCIIdCt othenuise a�ee In wtftU►9.
<br /> ,'� " 6y this 8ecutit�l �nshument irtanediataiy
<br /> seaared by this SecmitSt Inst[umEnt sha0 be:2duc�d by the amount o1 the proceeds muriip9ed by the foQowing iraatlon: (a)the ���,,_
<br /> to�l amaw�t ot the sums seared immacDatety betore the tatdng.divlded bY @)�e�����e ot the PropeK�l fmme��► — _
<br /> •.. . . tn whleh the fah matkel '";�-.
<br /> ., �:,~;'•:�<s,. � .�.:�`•� before the tafdng.Any belance shaD be patd to Borrower.ln the event ot a partlal takfig ot the Prop�tY 6etore tne mWng. '•�'.j;��:;
<br /> � ':`"j° velue of the ProPealY Imme6ss�t betore the mMn9 is tess than the emount o1 the sums seaned'unmediateiy . .,.���„-
<br /> . ,'�t!�"�:;: � ar antess aDP¢ra61e taw othanvise provides. the proceeds shall be .,;�i,,:v:-.
<br /> ':t�'�.. _: � ��•'.'
<br /> ' �• � ., - uniess Borrower and Lender �Uterv+ise a�ee tn wddng
<br /> 's,c� epDlied to the sums secuced by this Secu►iry Instrument whether or not the sums eie ther due. �,_-.�
<br /> B the Property ta ebar►doned by Borrower,or if,aftar notice by Lender to Borrower that t�he��8���0�atl���� ��
<br /> - award or seRUa a claiaa tor damages, Bo trtow roceeds.at its�Ption��t restg°r�d°"°r repatr of tAo R'oPe�tY or to tne �-- -�.
<br /> Lender is euthorized to co�eet end ePP�Y P �
<br /> • sums secured by this Securfh►(nstrument,whethe►or aot then due. �..;.,^`
<br /> � ,, •�� Untess Lender end Borrower oU►erwise g9ree � �°i1Q� �Y �P����On of proceeQs to prindpal shall not mctend ar ;;__ �
<br />, • ., postpone the due Qate of the mor►lhiy payme►rts retened to(n para�aPhs 1 and 2 or ehange the amount o1 sucfi payments- "�y�
<br /> F_.�L:.--'
<br /> � 1 t.Bonawer f�ot R�teased; Fo�OaranCe By Lender Ndot a WBtver.Extenston af tp+e time tor paymeni or o-��
<br /> ,, mod�fteation o1 emortizaUon of the aums secured by Ws 3ecur(tY tnstrumertt�anted by Lendet to erry sucx:essor in triterest ot �-=:=��__.
<br /> �. _...,�.,.
<br /> � '- BoROwer sfia4 not operate to retease the Ua6�ty ot the ortginal Borrower er Bolrowe�'s successors�in ir�Uerest Lendet sha(1 not -
<br /> be requtred.to commence Proceed�ngs agafnst enY successor In irterest or retuse to e#end time tor paymert er uthenMse �;--
<br /> modity emortitaUon o1 the sums secured by this Secufity tnstrumert by reason of anY d oemand�$h�n�bena rvaiver oi or �;.���;�:,
<br /> � BorrawePa successors In URerest My torbearance by Lender in eu¢rdsing any dght =-
<br /> � � precwde the exerd�se ot ar►y dght or remeay. Jotnt and Several I.lability; Co-stgnera'n,e covenaMs ane v I_--
<br /> .: ' ,, � 12.Successors an6 Assi�ns�ound; s=... .
<br /> agrewneMs o1 this Security(nsVUmern sh�l b�d and benefit the successors and assi�s ol Lender and Borrower,subject to the . ..
<br /> . . . pr ov l s i o n s o f p a r a�P h 1p. 8ortowe►'s covenants enfl��eementa shall ba jolrt and severnl. Any Borrowe►wh�c�ai�s this �s�';`;-,,
<br /> Securiry tnstrument but do�rtoi execute the Note: (a)is casigning thls Secu r(t Y in s tr um e n t o n t y t o m o rt g a g e,g r d.»and eorn e�l �nn
<br /> • e to extend,mod�ty. `'�°' �
<br /> � that Bortow�s interest 8►11�e ProDerry under the terms ot this Security Instrument; (b)�s not per3onaQy obliga'�3 to pay the �•;L,_.•f�
<br /> • ;,,� sums secu^ed by this SearitY�nstrumenk end(c)agrees that Lender and eny other Bortower may agre _..
<br /> � �,� '� fo�bear or�ice arry accommedatlons with regard to ffie terms o1 thio Secu�ity Instrument or the Note w(thout that Borrower's
<br />-_ � • . nsent to e law whlcb sets maxlmum loan ���'jt•
<br /> � Insbumern is subject .-��-
<br /> . � , '� 13. L+Oa71 C6�f�83. If the toan secured by tRs Security ,;�,. -
<br /> ' �.,,�j charges,�0 tl�at 1�"is fine�h�terpreted so that the trterest or other loan charges co0ected or to be cofiected tn connectian �,��.,
<br /> •` � :._:i.: witb the foen exeeed 1he pemdtted Qmits,then: (a)arry sucb loan charga shall be reduced�y the amouM necessary to reduce
<br /> ��.,, the ehargg ts the pertnitted IimiC end @1 e�Y sums already copected trom Borrower which exceeded permitted limits wUl be
<br /> refunded to 8orrower. lender may choose to make thfs refund by reducing the pdncipal awed und-r the tVota�o�b�hmakin�ay
<br /> ,. direct payment to Bonower. it e retund reduces prfic�^p�i. the redueUon w111 be treated as a partial DcePaym ;
<br /> - � prepaymant cherge unQ�the Note. ':�; ��
<br /> 14. �+20tiC88.MY noUca to 8ortower provided fa 1n this Secudly tnstrument sha11 be glven by de�redng a o�by�9 g ..,,. .
<br /> � by Rrst e�ass mail un�ess appiicable law reQuires use o!aaother meihoQ. The notice shail be direded to the ProA�Y . , '
<br /> - � or arry oiher aQQress Borrower designates by noUce w t�ender. Arry notice to Lender shaU be given by first ctass mail tm ,
<br /> � - Lender's aQdress stated herein or eny other address Len4er Eesi9na�es bY noUce to Bortower. Any noUee provlded io�in thb r.._'`
<br /> � Securily tnsWrnent shall be deemed to have been givu-�to Bonower or Lender when given as Drovided in thla paragraAh•
<br /> ' ' 15. Glaveming Law: S9Ver8btltty. This Sewrity InsWment shall be govemed by tederal law and Lhe Iaw of the ,
<br /> • � . .'°�� jurismeric�in whtch the P►opeAy ta located. tn the event lhat any provislon or ctause of thls Secudty��strument or the Note
<br /> - . • . ' � �n��w�ehout�the contltcting Pra is on.hTo tfiis8end lhehprovisions�of tAis 3 urity In tstrumenteand the Note are d eiaredto
<br /> � ghren eHect w t
<br /> _ � 6e severable.
<br /> ^:�_ `� • 16. BOt�o1NAT'S COpy.Borrov�er sha11 be gtven one contortned eopy o1 the Note and of this Sewrity(nstrument
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