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<br /> . • 8ortawer maY are sncA a deTauft and reU►stata as Qrovlded in patagragh 18. by causing the acHon or proa+ed'utg to he " rr,-.
<br /> - - _ i ' d�smTsseQ wftt►a niWig that.h Le�ders good faith datemdnaIIot►.P�des tatlet�m ot the 8orrower'e tnterasi�tha Feape�[y or j, ` _ -
<br /> - ':`� ather mffierta!Imp[iUment of the Qen�seat�tl b}/tt�is SeauRy instrument or Le►d�s securit�l trteest- Sorto�yer sAa!!atso be in - -
<br /> • ' deta�t H Bortower,durtng the toan appUmdon process.gave tnatedaBS►false or inaeauate fitortnation or statemenis to L�►der(or �
<br /> �L. . `��" tatled to pruvtde Lmider with atry rt�aterial Udom�tion)in wrmeGion wlth the taan evtdes►ced by the Note. b�du�ng.but nOt . }.r;`: ��:
<br /> °'�,``""�`�`�f G�nfte6 w. rePras�s wnceiila8 Bortowers o�cupancy W tRe P+oPertY as a P�ndg�i residenc� If th(s Sewriry� -__ _ -
<br /> � �:. . .
<br /> ' •�:; ; Inshumecu is an a leasehotd. Bortower sheD eompty w9h aQ the pravtsions ot tha tease. B Borrow�acquhes tee titte to tAe� .
<br /> t . -
<br />� Pro p e A y.the teaseholtl end the 4ee tlte shell nat merge iudess Lend�agrees to the merger in wrfUng. 8. .
<br /> . � 7.Pratedlon of Lender'S Rtg M s tn t he P�ope r t y.i t eorto w e r t o�s m p�t h e c o v�ana a c g e e m e n t a
<br /> �Meined Fn Uds SewAiSt lnsUument. a thae b a tegat praceeding that may si�iflcanriY aftect L�dds dghta R�the Ptap�'
<br /> ewrt S '�
<br /> . . . (such as a procee�n9 fn haNwpt�/.Pi°ha�.tar con d e n n e f I a n o r[o r f e e f k a r e o r t o e n t o r c e f a w s a r r e g u t a t i ons).lhen L�nd�m a Y . -
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<br /> ' do and pay tar whataver is necessary to proted the vatue of the Praperly end Leider's d9Ms in the Pr°pertY. tender's adJons,� ;-:,�'` .
<br /> r_,,�,.��. may tndude PaYin9 ar�+ sums see�sred E1I a Uen whieh has pdorfly over this Sewrity tnsuument. ePP�9 in couR P�Y�9.� ° .,- �
<br /> L^" �+ g..nAh1a 81IOR18�IS'tees and e�terfng on the Fimpe�'ly to make�afrs.Although i�tder may take eat3on under thb pera� �.- s �
<br /> �_-
<br /> ' 7.lender does not have to do sa -� -
<br /> - �y�o��{,,p�� by L�nder�nder paragrapfi 7 sha0 6ecome adddIonal debt of Barrower seaired b7i��Sec+uriy
<br /> '� - �- - , InsUum�t UnlESS Bmrower and Lender a�ee w other terms ot paymeit,these emourtts shall 6ear fitexest trom the date W
<br /> �sbwsem�►t at U►e Note rate end sha0 ba payabte.wSh tnteresf.uAen no8ce irom I.�da to Bortower re4uesUn9 PaYme�
<br /> - -..'�c_.:. 8. diiaRg8S0 InsurdttCe. ti I.ender re�NUed mu�tSgSe tr�surance as s wnd�ton at makinn9 the toan seaued by this .
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<br /> Seairftfr(nsbume�rt.Bwrower shaA pay the premiums requfred to mab�afn the mortgage insr�rar►ce tn eftect H,tos mry rason.t1►e -
<br /> ., _ moR�ge insivance covesage�equUed bl►Lendet lapses ar ceases to be in eHect.Borrow�shaII pay the ps�ntums requUed to �;. ,..
<br /> [eq
<br /> obtatn wverage substantfaIIY eq�+ivatertt to the moRgage fisuranes p�er[ausiy§�efted. at a�� b����� ; -
<br /> . � cost to Bertower of tfie mortgage insusance previousty in eftect. from en a�erhate mortgag :� � ...,
<br /> � subsfsnUalN eyutvalent mortgage insurance cav�age ts not avaHal�Ie.BoROwer sha0 pay to Lender¢a�h morth a sum equal to .
<br /> J •'`":' .. , onelwetRh of the yearty mottgage In.,^urance premium bein9 P�tiY Bortawer whe�the insuranca coveage tapsed or ceased to f�-;'_�,
<br /> - be{n efted. Ls�dv wAI accep�use end reta6+these payma�is as a tass ressire in IIeu oi moKgage insurartce. loss tesenre �... � �
<br /> . ' ' PBYR►�rts may►no(onger Ce requl[ed.at the option oi L�d�tG mmigage insurance coverac�L�the amouni and tor the pedod �•`. `•`
<br /> ,` ','.` � thet Lender iequires)provided by en insurer eAProved by LerC��agaTn b�:omes avai7able a��s obtained. Botrower shaQ pay - ..
<br /> ri
<br /> . :.,-;= the prenhuns required to maintefi mortgage fns�uanoe U eftecs.ar to praYtde a►oss���fe�v�- 1�rtent for moKgage -
<br /> •� • � insuranee ertQs fi aaor�dat�ce w�h atry wrftten egteement beiwe�Bartaw�e.d lends�er�r'S�b ,-
<br /> . . :".;`: 9.hisp8Ctt011.Lendet or fts agert map make teascnahle entrles upon mr�inspediaris ot the Pray�J. Lend�shaD gtve ' .,� ..
<br /> ; - - �'.s.;-'� Bocrower notica at the tima of or p�'or ta an tnspectlan spe�fig reasonabis cau�e tor the�p�On. :
<br /> `�`.• 1Q. Condemnallon.The proceeds of e�l sward or dalm tor damages,dlrect or�quEr►Sai.t�wnneott�on wlth eny _
<br /> •..::�S��F•`_'. . � .
<br /> candertmatfon or other taidng of any part of the Propedy. or for comeyance tn Qeu o1 c��nffiton.ere heeby asst�ed end
<br /> ��.'�..;: ��''-t�`.
<br /> , � '�<...: shafl he paid to Lerider. �
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<br /> tn the event of a tofal taMng o! tha Prop�l. the pmeeeds shad be applIed to U�e sums set�tced bY thls 88c�rrilY . '_•x
<br /> . - . fnshument.whether or not then due.with enll ex�Paid to Bortawer. M the¢vent a1�P��e amount ot Uia suma sea�ire . __
<br /> ` ' ' the fatr matket vahte of tha Rvperry tmmedfatety betore the faidng ts equal ta ot�eate� �,;,'�;
<br /> '<..: bll Ws Se�au�y trreW�errt tmmediate[y► 6etore the �m►g. unless Borrower and lender othew(se agee h► wrfling.the sums . .•::�:;,:
<br /> . , seaued Dy thb Seeurig►tnstrum�t stia0 be teduced by the amowt oi the pcoceeds muitlPQed bN the toAowing fractioa: (a)the •,��„:
<br /> total ama�mi af ffie sums seeured(mme�atetyT aetore the taWr+g.dnrided by @?the tatr maAcet velue af the Propeity immed�atetY � -
<br /> ' betote•the tafMg.Arry baiance sha0 be patd to Bortower.In the ever►t ot a�'al taktrfg ot the Property ha s*�tcA fhe tatr madcsl z
<br />�� � • � vahie o1 the PropeRy t�ne�ateh�before tne tatdng is less tfian the emount c5 ihe sums sealred imme�at�y betore�e taWng. k-�^.~.-r*
<br /> uMess Borrower end Lender othemise a�ee fi wtRlnfl or untess appQcaDie law oth�wise pravtdes. the proceEds sh�11 be , f;�;_
<br /> '� epp4ed to the smns secaued by this 3ecuriry fnst�ument+Nhether or not the sums are th��e. � _
<br /> _ -- �«.��.°�'y��a��nnw1 6y Berrawer.or N.ffiteJ noUce ti1►i.�tder W Borrawer that,the condsmior offers to make an
<br /> u:� eward or seqto a cfatm fo► damages. Boiro�rrer teQs ta respond M tsnder wEhin SO Qays aRer me aaie t6e"ouW" y"��. � .-
<br /> Lender is authorized to coAect and appy the pmteed�,at its opSon, either to restoratlon as�air a1 the Properly or to the €
<br /> = sums sewred Dy thb Sewrity tnsbvmeni,r�Y�etite�ar nai�tls�dst:. E r:;
<br /> Untess Lender snd Borrow�r otherwise a�ee in wdUng, arhr ePAAcation of proceeds to principai shaD not e�end or
<br /> pastpone the due date o1 the morth�paymenffi�eterred to in Para�aP„g��d 2 or change the amoimt of such paymertb. �_-�:___
<br /> • 1�.6oROwor Not Roteased; Forbearance By I.�ender No4 a Walvar.F.xte�nston ot the tene tor paym�t or � �
<br /> � � mo�iflceYton of amort�fon ot the aums seared by U+is SeGC�y tnstrument�anted by lender to eny suceessor in Interest af _
<br /> Borrower sfia0 net operate to release the�a�+,`�'r.S the origh►af BoROwer or Borrower's successors in Ud�st. LendE►shafl not _._.
<br /> . .. be requUed to cemmence proceedinga a�rs[�Y suecessor in Interest or tefuse to extend time toT b�ymecrt or athenMse
<br />. . . modAy amartimtlon of the sums secured by this Securly tnstnrmeM by reason ot any Qe�msn�sha0 eot 6ena watver ot or �'..`. _
<br /> Borrower's successora in fite�esl. My forbearance by Len�1n exercising any d�t =.- -
<br /> • . . . predude the exeoeise of eny dg�`s or remedy. � .��
<br />. � �,ti 12. Successoss and Asstgna�ound; doTat and Several LlabUitY+ Co-st9n�re.Tho cov�naMa ena
<br /> � � � a�eementa ot thia Securily tnsVumen4 shaU bind an0 benefit the successors and assi�a o!Lender and Borrawa,subject to the •
<br /> • . provlsions af pet�agrePh 17. Borrower's.covenants end a�eemeMs shail be jo6rt and sev¢rat. My 8orrower who co-signs Nts �'-�--'�
<br /> • • � SeaAry fnstrument but does not e�ceaite the Nvt� (�ts co-signing thfs Seeurity Instrumerrt onty to mortg�age.�ant and convey .
<br /> thffi Borrawefa U�terest in tha ProAeA�l under the terms ot this Ser,u�l tnstrumer� �)ts not personatlyy obltgated to pay Ure _ -
<br />.� � ' sums seaned by this Security tnstrumer� and(c)e�eas that Lender end arry other Borrower may eqree to mdend.�d�►. ;�;;��
<br /> ., � forbear or �ako�y accommodatlons w�h regard to the tecros of this 3easity fnstrument or the Note w$hout that Bcrnower's �,.•;_.:_
<br /> censeM. �
<br /> � 13. L�¢+�'c4���hazgee. B the toan secureC by this Seeurity In�nm►�r1 ts subject to a Iaw �+fi�ir 8ets me�dmum toan .
<br /> �ry��,�a t?fffi law�g flnaly interpreted so that the Interest or other la�.'�c1�arSes w4ected or to L�e c�IIected in connectlon . :
<br /> � • � wf�the loan exceed the pertnftte0 Umtts.then: (a)arry such toan charge sh�l be reduead�y the�naiari necessary to reduce . ,
<br /> � ' � ' the d�arge to the pem�itted OmN: ena N)eny sums aheady.eoQected trom Bortowv wfita"�mcceeded pertnftted M�ts w0 be
<br /> ' ,� refunded to Bc+tewer L¢nde►may chaose to tnake this�etimd by redud�g 4':e pdndpat ewed under 9te Note�b�makin�
<br /> �ree1 paymer�t£o Borrower. It a reWnd cedi:cpa D��Ra���e redua8on wm be treated as e paNal pr�paym
<br /> . ' . ,� prepayment c�erge under ths Note. �
<br /> 14. NotiCee.My notice to Bonower provided tor in this Seeurity Instrument shall be gNen by deQvedng R or by maiQng tt .
<br /> ' by ftrst ctass mail untess eppllc�abte taw requires use of another method. TAe noUce sha0 be�reeted to the Property Ad�ess : •
<br /> ' � or arry other ad�ess Borrower Assignate9 by noUce to Lender. My nollce to Lender shall be gtven by firat etass maU to
<br /> � • LendePs address stated heretn or any ather address LenQer desi�atea by nottce to Bonower. My noUee provlded tas in thts �
<br /> - � �Securfty Msbument sfialt be Aeemed to hava been gtven to 8or[ower or Lertder when ghren es provided in this par+agrapA. •
<br />- � 15. Oovemiteg IBW; SBVeiebility. This Security (nstrument shail be govemed by tederal taw end the!aw of tfie
<br /> �- `��--- juds�etion in which tfie Roperty is lonted. tn the event tfiat eny provlslon or dause o}this Security Instrument or the Noto .,
<br /> � eontUcts with apyQcabte taw.such contlict shall not aHecl other provisions o1 this Seeurity tnstrument or the Note whlcb�an b�
<br />= . . given efteel without the eonlUeting provision.To this end the provisians ot this Seeurity tnstrument end the Note are Eeeiared to ._
<br /> . be severahle. ��': .
<br /> � � 18.Borrawer'e Copy.Bortower shaU be gtven one conformed eopy o1 the Note and of this Sewriry Ins4rument
<br /> z� . ,� Pa4e 3 of 5 `�.J�..1S�
<br /> . . �a,s.i.N+o r9n �
<br /> � � 9ne� '
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