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<br /> — Bonower m�y curo euch � det�uk and rNnatste, as provlded In puapraph 1B, by causina the actlon or proceeding to be
<br /> — � dismisned wlth �rutinp that,In Lender'a pood taith determination, precludes for(elture of the Borrower'e interest fn the Property or
<br /> other materlel Impdrment o}the finn cre�ted by this Securfty Inatrument or I.ender's seautlty Interest. Borrower shail niso be In -
<br /> •�Z;� dntault If Qorrower,dudnp the losn epplicatlon pracess, geve nuterlalty falae or inaccurate inlormation or at�temente to Lender(or
<br />• �� }alled to provlde Lender with eny meterle! Intortnetlon) In connectlon with the loan e•rldenced by ihe Note. Including, but not `
<br /> �sa Ilmlted to, reprosettt�tlons conceming Borrower'a occupancy o1 the Proparty as a pdnclpal restdenco. U thls Secu�ty
<br /> � Inntiument I� on� laeehold, Bortower ahnll compty with all the prodslona of the lease. If Borruwer acqulrea fee title tn the(�
<br />-,-� Propaty, the leasehold�nd the fee title eh�ll not merge unleas Lender egrees to the merger In wrtting. 'y
<br /> �� 7.PtOt�atlan of Lend�r'e RIpM� tn th� Prop�rty. II Bortower islis to perfortn the covenents nnd agreemente '
<br /> oonUined In this Secuilry Instrument, or there Ie � legal proceeding ihst may slgniflcantly attect Lender's righta In the Property,,,�.
<br />�C; (such ae e proceedinp In b�nkruptcy, pro6nte,tor condemnation or todWture or to entorce I�wa or regulatione),then Lender mty 0
<br /> -_ ' do and pay tor whnttver Is necossary ta protect tho vNue of the Property nnd Lender's rights in the Property. Lender's actlona�p �
<br /> � may InGude payinp �ny eume aecured by e Ilen whlch has prbrity over thls 3ecurity Inatrument, eppeering tn couR, paying-,�.
<br /> reasonsble attomeys'leea md entering on the Property to make rep�lrs. Although Lender may tnke satloe under this paragnph 0
<br /> 7, Lender does not have to do eo.
<br />•--- My emounis dlabursed by Lender under paragraph 7 shall become edditional debt ot Borrower secured by thls 3ecutlty a
<br /> Inatrument, Unle�e Borrower end Lender agree to other terms ot peyment, these amounte sha�bear interest hom the date of
<br /> diabursement at ihe Note rete and ahall be payable,with Interest,upon notice irom Lender to Bortower requesting payment.
<br /> ?�� 8. MOTlgIQe Insuranoo. Ii Lendor requirod mortgnge Insurance ea a condlt�on o1 mekinfl the loan secured by thls
<br /> 3ecurity Inetrument. Borrower ahall pay the premiuma required to malnUln the mortgage Insurence In eitect.If,tor any reaaon.the
<br /> mortp�ge Inauranee coverefle requked by Lender lapses or ceases to be In ettect. BoROwer shaN pay the premlums required to
<br /> — obtaln covemge aubatentislly equivalent to the mortgage Insurance previousy in elfeat, at a cost substentially equivalent to the
<br /> cost to 8ortower oi ihe mortgage Inaurance prevlously in ettect, from an altemate mortgage Insurer epproved by Lender. If
<br /> substantialy equivnlent maRgage Insur�nce coverage is not evalMble,Bortower ahall pay to Lender eaah month a sum 6qual to
<br /> onatwelfth of tha yeuty mortqaye Inaurence premium being peid by Borrower when the insurence covernge tapsed or ceased to
<br /> be In et/ecl. Lender wlil sacept, use and retaln theae payments as�losa reserve in Ileu of mortgega Inaurence. Loss reaene
<br /> �� paymenta mRy na lonper be requked, at the optlon of Lender,It moAgage Insurance coverage Qn the amounl arid(or the pe+bd -
<br /> that Lender requlros)provlded by an insurer epproved by Lender ageln becomes avaNable and is obtained. BoROwer shall pay
<br /> --- the premiums required to metnteln mortgage Insurance in eifect, or to provide a loss reserve, undl the requirement tor mottg�ge
<br /> Insurer.ce ends In acwrdance wfth any written agreement between Barower and Lendar or applicable law.
<br /> 9. Imp�ation.l.ender or Its agmt may make reasonablo enUles upon and inspections of the Property. Lender shall give
<br /> Bortower notice at the time ot or prior to an InspecUon spectfying reasoneble cause for the inspection.
<br /> 10. Cond�nnn�tl011.The proceeds ot any award or clalm fa damages, direct or consequentlal,In connection with eny
<br /> condemn�tbn a other taking of eny part of the Property, or for conveyance In Ileu of condemnation, are hereby assigned end
<br /> ehall be pald to Lender.
<br /> In the eveM ot a total taking ot the Property, the proceede shall be eppiled to the sumo secured by thls 3ecurity
<br /> Instrument,whelh�r or not then due, wlth eny excess paid to Borrower. In the event of a p�rtlai taking of the Propertyr in wMch
<br /> tha ink me�Cet vtlue of the Property immediately betore the teWng Is equal to or greater than the emount of the eums aecured
<br /> , hy this Secu�ity Inswment ImmedlateN betore the teking, unless Borrower and Lender otherwise agree In wdpng, the sums
<br /> secured by this Securily Inntrument shatl be reduced by the amount oi the praceeda muftipiled by the foNowing hactlon: (e)the
<br /> tot�l amount oi the sums secured Immediately before the takhg,d(vlded by(b)the falr merket value of tha Property Immedhtely
<br /> before the taWnp.Any balance shsll be pald to Bortower. In the event of a partial taking of the Property In vrhich the fair tnorket
<br /> value oi the Property Immedlately betore the taking Is less than the emount of the sum�secured immedlately betore the taking,
<br /> unle�a Borrower and LendK otherwise agree In writing or unlesa appYcable law otherwise provides, the proceeds shen ba
<br /> appNed to the eums eecured by this Security Instrument whether or not the sums are then due.
<br /> It the Property Is abandoned by Borrower, or if, efter notice by Lende�to Bonower that the condemnor otfera to maka an
<br /> award or settle a cldm tor damages, Borrower fella to respond to Lender wfthin 30 deya attx the d�te the notice la yNen,
<br /> Lende► is�uthalred to coHeot and appty the proceeds, at Ns option, �ither to restoraUon or repair oi the Properiy or to the
<br /> sums sacured by this 3ecuriry InnWment,whether or not than due.
<br /> Unleas Lendor end Bortower otherwlse agree In writing, any eppllcaUon of proceeds to ptinctpal shall not extend or
<br /> postpone lhe due d�le of the monthiy paymenta referred to In paragnpha 1 and 2 or change the amount of auch payments.
<br /> 11. Bonow�r Not R�I�as�d; Forb�aranc� By Lwndsr Not a Wafv�r.Extenslon of the tlme for payment or
<br /> modHlcaUon oi ur�od�aUon of the sums ae�ired by this Securtty Inetrument grented by Lender to any succesaor in Inte►est of
<br /> Bortower ahali not ope►ate to rdease the Ilability oi the orlginal Bortower or Bortower's successors In Interest. Lender shal nut
<br /> be roqulred to comnence proceedinga agalnst any succesnor in Ntereat or retuse te extend time for paymant or otheKwise
<br /> modify amortizeUon of the suma aecured by thie Security Instrument by reason ot any demend made by the otiginel Bonowa or
<br /> Borrowers successoro in interest. My torbenrance by Lender In exerdsing eny right or remedy shatl not be a waiver al or
<br /> preciude ihe exercise oi nny right or remedy.
<br /> 12. Succ�a:ore and Asslgns 9ound; Jolnt and Sevaral Uabllity; Co-sign�rs. 'rho covenants and
<br /> agreements of thla Secudry Inatniment shali bind and beneflt the successors and aaalgna of Lender and Dortower,subJect to the
<br /> provisions of pungraph 17. Borrower's covenants and agreements shall be Jolnt and several. My Bortower who eo•afgna thls
<br /> Secudy Inatrument but doea not execute the Note: (a)is co•slgning this SecurUy Inatrument ony to mortgage, grant and convey
<br /> that Bortower's Interest in the Property under the tertns ot this Security Instrument: (b) Is not personaly odligated to pay tt�e
<br /> auma secured by this Soeurily Instrument; and (a) agrees thet Lender and any other Borrower may egree to extend, modiiy,
<br /> torbenr or make any Rccommodations with regard to the terms oi this Security Inetrumont or the Note v.��hout thet Borrower's
<br /> — consent.
<br /> 13. Lo�n Charges. If the loan secured by this 3ecuNiy Instrument Is subject to a law whloh sets meximum loan
<br /> — charges,and thet lew Is flnelly Interpreted so that the Interest or other loan charges colleated or to be collected in connection
<br /> with the loan exceed the permitted IImRs, then: (e) any such loan charge shell be reduced by the amount necessary to reduce
<br /> -=�.�� the charge to the pertnitted Ilmit; and (b) sny sums already coMected trom Bortower whlch exceeded pertnftted Iimft3 wil be
<br />-?:" refunded to Borrower. Lender may choose to make this retund by reducing the princ(pal owed under the Note or by making a
<br /> �=='� � dlrect payment to Borrower. R e relund reduces pdnclpel, the �eduation will be treated es a partial prepayment without any
<br />'=:'t_ prepayment cherge under the Note.
<br /> ' 14.NOtICeS.Any notice to Bortower provided tor in thls Security Instrument shali be glven by deNvering It or by mal6ng It
<br />`1'"�`� by tirst class mafl unless appllcable law requires use of another method. The notice shall be directed to the Property Addresa
<br /> : � or any other eddresa Borrower designates by notice to Lender. Any nottce to Lender shaq be gtven by ftrst class mell to
<br /> -7�;,�� Lender's address stated hereln or any other addresa Lender designates by noUce to Borrower. Any noUce provided for N thls
<br /> c���dt..inntn.�»nt ehau hd daamod to have been aiven to Borrower or Lender when aiven es nrovided In thls ntuaoreDh.
<br /> ��:`��� 15. Gowrning I.aw; S9verebility. This Securfty Instnmient shali be govemed by tederal law and the law d the
<br /> ��' Jurisdlotion in which the Property is located. In the avent that gny provlalon or clause oi this Securlty Instrument or the Note
<br /> �..�.'
<br />• ,�„ , conillats with epplicablo law, such contilat shall not aNect other provisione ot thls Security Instrument or the Note whieh cen be
<br /> ` �'a' given eHect wilhout tha conflicting provislon. To this end tho provislons of this Security Instrument and the Note are declared to
<br /> be severeble.
<br /> . 16.Bot�Ower's Copy.Bonower ahall be glven one conformod copy of the Note end of this 3ecurity Instrume�t.
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