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<br /> A 1�. by eaSsMg thm aatloi►ar proc�ed�ng to Rie ; � °�� , ��.��
<br /> � `< <- ���<... � . -8omawer may cura sucb o deta�dt and�c-'nstate.es prcHd�tn parag�ap �` ` F
<br /> `,,�„�.���.�. , ., �Issed vulfh�c iumrg thaL in Lead�B�8?od faBt�det�nntn�tt�.P�d�Lend��c's e c�urflyBah�a�L 6onq�rer�s�h��b8 U► . `:r.,.��`,
<br /> _ � oUa�a matErtai 6m�a�rm�t of tha Ben erested by this Ssauity . • .
<br /> �� ,`.� �` • detau8 H 6armwer,du►ht J!ha toan eqp4cattan process.6ai►a .� ' fsis�or fnaccurate irtton0alton or'statemenffi to d�er►der(or Y�<;.�,:�
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<br /> . ta�a�to Pra�rtde L�der wfth as�Y m�2�at Mfom�stlon)�(n conneedon wfth the toan evideaced by the 1�ate Inelu�g. 6ut no� .�.�.. �r
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<br /> ��_ � " � ` `• �rc�ee tn. rePresenmitons eo�cerrdrtg earrotiveta ocapancy at;the ProP�ft as e prtndDal oesidenee. tf thfs 3e�u�ity � � .
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<br /> . .•:� insLVmer�t.is on a leasefioid. 8orrpwer shaD corttpy r�f1h ell ths pravtsicna of lhe teas� H Qorcawer aoquUes fes ttite t�ti�e y� , �•,rF
<br />_i;,� •. ` Qropqly,the leasehokt end ttte tes titte shsl)not mtsgd unT2s$Lender agraes td the merger in uvdt�ng. . .. `<,a
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<br /> � ' � �7.Prot6e@tot�of Le�tdet'9 Rtghts In th�Psaperty.!t 8onawer taIIs to peotorm the eovenants end agreements . := --;^
<br /> :` :-'�^ - , caatafned fn Ws Seairity tnsqumer[t. er there Fs a la�l proeeeS�n�tlra!rtm7f���Y�Lende#'s dgtits In.tAe RopeR!► � � p
<br /> ,.'_�.•�`•°���. (s4c�as a�roeee�n,9 in bantaupta5►.ProLate,tor eanQert�natton ar forfeiwse oi to entorce taws or cegutattons),then Lender rt�ay �
<br /> ' ..� ,°4 .'. �, do and paY for WhatB�►er Ts necessffi7!�Prot¢ci the valua o?the Propecly end Lender s rfgt�ts fn the ProAe�ll6 fn un.PaYin9
<br /> 4. � � may Irtchsde pa�Mg e�►Y sums seaued ty a Qen whteh b� P��Y wer this Securfry F�str�m�en�eRR��9 �
<br /> '�, �ros�sbts ettamsys'tees and�teting cn the i�royert�/to make repatrs.Aithough LenQer may take actlon undes thla paraSrapA s.
<br /> .1i :< :��:..- � . 7.L�nder daz�nut havo to do so. rt:`...._r
<br /> � ` . _.:�' qay smounts disbursed try Lende�under para�aph �shaII becoma add'itlon�l deM ot 8ortawer secured Ey thfs Se�r(ty�
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<br /> ....`''., Instrumerrt. Unless 8otrower end�der apee_to other tenns ot paymeM.these amounis shaq Qear ts�tQnest trcm the date ot . :� -_..
<br /> r�.;• disGurseii�t at the Nota rate end shal!i�e payable,wdh hRetest.upon notice fmm ler�der to Borrnw�rsqussUrt9 PaymeM. Y ".
<br /> _ . .... �•4�"' & B�Ottg8g8 131SU�At11:e. It t.a'�der re�ired mortga9e tnsutenee as a eon�tton af m�dn9 the toan sea+red by 'tNs .� �
<br /> . ` ;._� Secu�ity[nstumertt.Bamowes shaD pay,the prerntums requircd to mair►mfn the mortgage(ns�nance in effed Ii.for arty reason.ttie .RF�^;:-
<br /> .. � ----. .. .�....•�,..�Pn�to._tanas+a eu�»ases to be in efted.8ot[ower shab pay the ptemlums required to
<br /> ; �,_.—,-1.. mortgage msm��a u�r��*�--–,�--•--- -- . -- , , .
<br /> - • ob�covetage substat9tt�IIy equhtalertt to tha mortgage insu�►ce prevtoustq�in e�4fe�C.al a cost sti �,-�,�
<br /> ' c�sst to 8orrower of tl�e maRgage�insurance praviau�fy in eft�ct.�fram en aftecnste mortgage�insurer approved qy €enQer. it ��
<br /> ' " ' ,','�y_' � $�SIeI1tI3Ily e4UIYeIP11t ttlORga$8 41t8pt8I1C0 COYetBge lS QOt BYSdSble. Borrower shal!pay to L.�der eaeh mor►tt►a sum equal to --__--_
<br /> .`�`� . �k oneiwefftfi ot the yeaM moRga9e insurance premium 6eing paid by Borrawer when ths tnsurance coverege lapsed or Geased to _��•���
<br /> . ; 2� be in effecl. LenEer w@ accept,use and cetafi these payments es a(oss reseeve in f�eu af mortqage insuranee. Loss reserve `'�
<br /> � � • �yme,�may no tonger'be re4u t r e d.a t t h e o p t€o n o t L e n d e r.H m o R 8 a 4 e i n s urance covera ge Qn the amaurd enC tor the period ��-'y--�
<br /> ° �: that lender requhes)Provided by an Cnsurer apProved by Lender agafi b�eom�s ava�able end is a6tebsed. Bortower shall paY � _
<br /> "�' , `^ tha premiums�equUed to mab�teG� mortgage tnsur8t►ce in e(fecR or to pravide a toss reserve.urt�1 the requtrement far mortgage . . � �-
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<br /> ,;:,c..:�;'i � ... fnsuranca ends in accorQance wftb eny vrtitten ag�ient-between Bos�ower ar.��der or eypllcabietaw. LenE�r shail e .
<br /> � 9. InBpBCtlan.Lender or ib agent may ms�a rPasanabte et�bfes c���nsVecHons ot the Propertyb 9� . :� --
<br /> � `,f`' F+�`f `•'�'' • �ortotiver natice at the time of or prlor to an inspecti�in spedlyh�g c€asanab:e cause tor the tnspecUan. "`.
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<br /> ,. r��.. ...; 9@. COitdertlrt��t7.The¢'cacee�of any award or el�uri tor damages.cl'ueet or wnsequeitlsf.in connecbon w3;z�iy
<br /> � ",� � `•�-E conQemnaUon or ather taJdng ot sn!►i�of the Pmperiy.or tor conveyance'v+.{izu of condemnation, are hereby assf�e�'a�?d ,
<br /> :�:�: sha0 bA p8fd to Lend�r. � � � .'
<br /> ` ' In the event o'E 8 toEef..tefdng nt the i'raPeKyl the pmceeds shaD b9.apPUed m the sums secured by this Secur(ty ` "
<br /> ; `,`r s ` , . . Inslrt�m�nL whethet ar not th�due.with arI►excess paid to B�.-ravrer. (n the eaent of e pmttal taWng af the.Property In which } ;�
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<br /> • :�.;:_;s:a�,� .�r. . the 4�.�r.martcet v a l ue o i t hs F r op e t t y i m m e d t a t e ry b e t o r e t h e�'k h,�i s e q u a i t o a r e yeater than the amoimt of the sums secured �_}{H
<br /> by t h i s 3 e c U r i 4 y t n s t r u ment immetIIat e t y betace the taktng, unTess Boaower and LenQer othervvise a c,�ee in wrftln9. the svms
<br /> -•;'� seared hy this Securtty Instrument a�a i l be re 8uced b y the amourrt ai the proceeds muitlpUed by the toQowtng t f a c t ion: �a)t he .s �y
<br /> ,� " '� tatai emount oi tfie sums secaued knmediateSy before the taidng,�vtded by(D1 1!►e iair medcet!ralue°t.the Pr°per[Y�eCtately : �___
<br /> - ,''' ' •• �'. r:� 5etore the taidng.My balance shaU be patd to Borrower.In the event of a parttal tatdn9 ot the PropeRl/(n whtch the taU martcet �.:�_
<br /> .. • s.> '<` vaNe at tfie Property immedtate�'y betare the taking is less than the amount M the sums seatred (mrnediateA►Defore tna taWng, �;_:__:
<br /> � �Y�6'� untess Bor►uwer and LenQer othenvise a�ee in wrfUng or_uniess applicab�e faw othervr(se provfdes, the proceeds shall he �i;:_v:�;
<br /> , � ��,1 eypiled to tha sums secured Oy this Sewcity Inshument wheSher as aot the sums are then due. . �
<br />- � � If the Property is abandaned by 8orrower. or H.,after noUca by Lendar to Borrower that the condemnor otfers to make an � ..-
<br /> ' award or settte a ctaim tor damages. Borrower taIIs to tespand to LenGer within 30 days after tha date the no8ce is gh�en. �
<br /> •� �,�'' LenQer fs authori�ed to colfect end apply the proceeds, a1 its optton,efthe►to �eatoratton or repalr of the Property or to the -
<br /> • � ' .; sums seared by this Security Instr�ment,wfiethe►or not then Que. ��on ot proceeds to pMciasl ahatl not �xtend of
<br /> Unlesa Lender and�Bortawer otheiwise agre� in wr(Ung, eny aPD x :,
<br />. '_ . ;�'-,'�f ' �
<br />_' .,, . ,postpone the due data o1 the monthty paymerts�elerred to tn paregraphs 1 end 2 or change the amount of swch payments. � �
<br /> 11.Borravrer NaZ Refoasgd; Fotbearance By Lendor Na;�Waiver.Extensian ot the ttme tor pa�m��t or �T-4:
<br /> � , �� � , ; modiflcaUon o!emortimtion of the sams secured by thts 8ecudry(nstrument granted Dy Lender to eny suceessor In fnterest ot , _
<br /> � Bocrower sha11 not operata to retease the Uabifdy oi the adginat BoROwer ar Borrower's succesrsors in imerest. lender shatf not � *__•
<br /> � .����� be�ec�uiced w commenae proceedings against eny suecessor tn fiterest or retuse to eMend time to► paytneM or othemNse -
<br /> ����,.�' mcrllty atnpRizaUon ot tne suma secured by thfs Security Ir�strument byr reason o1 any demand made Dy tha original Borrower or ,^
<br /> � ° ' � �'•ti� 8ortower's successars 1n tnteresf. Any torbearence by Lender in exerdsing arry dght or remedy ahafl not be e waiver of or '�j:'
<br /> � _ � .. , 1•' . Prectude the exerdse ot any dght or remedy. • '
<br /> �� . .. � 12. Succoss�rs and Asa�gna 8oun�; Jotat and Severa! LJability: Co-signors.'the cavenants ana
<br /> :s- ; . ' }- � a�e e m e t rt s o t t h i s S e c e r t t y Instrument sha0 b(nd end b�nelit tho successors and assi�s of Lender and 6ortower,subJect to the . � �'•_
<br /> ` • t : provistons o1 paragrapb 17• 8onowers covenants and agreements shall 6e Jolnt and several. Arry Barrowe►who co-s ic�.�s t h is
<br />=y , 3ecurtty(nstrument but does not exeeute the Note: (a)ta co-si�ing this 8ecurity Instrument onry to mortgage.�ant and canvey � �:
<br /> � � � • ihat Borrav�er's interest In the Property undEr the terms o1 this 3ecurity tnsWmerrt: .(bI is not persoaatly ob!(gated to pay the
<br /> - -'_ _ _.;..s.- sums secured by this Security Instrumenk and�a)a�ees that Lender end eny other BoROwer mey a�ee to�extend.mod,ty. • . �:� -:
<br /> �;� totbear or make ar[y accammodeUons with ragard to ihe terms o! tNs Sewrity instnnrrerti or tf►e No2e..�Shaui tlsat Barr�::...""s –
<br />_ . '�� consent
<br /> _ ' 13. LOa11 C1ta�g�9. It the boan secured by this Security Instrument is subJect to a law vfilch sets ma�dmum loan � __
<br />,'-ti �•� , � .�; � ehargey,and that taw is flnally inte�preted so ihet the tnterest or other toan charges coltected or to be wilected tn connectlon
<br /> • i; �Yith tt�e toan exceed tha permttted Iimtts,then: (a)any suc h loan c h a r g e s h a{I b e r e d u c e d b y t b o e m o u n t n e c e s s a ry t o raduce
<br />�±: . . the charge to •the pemiltted limit; and(b)any sums already coflecteA irom Borrower which exceeded pe�mhted limlts wN be
<br /> ' •� ` retun8ed to Borrowe►. Lender may choose to make this retund by reducfng t he p r U c ipal owed under the Note or by making e
<br /> - '. � ,.�� �'uect payment to BoROwer. It a refund reduces pdncipal. the reduction will be Veated es a paRi�l prepaymeM wfthout eny . ,.
<br /> ��;.. � pcepayment chargo under the Note.
<br /> • : - f. 14.N04iSee.My notice to BoROwer pra�lded tor in this Sewrtty InsVument shaU ba gtven by delNedng It or by mailing it
<br />-- � by firsf dass maD untess apDU��e Iaw requtres use of another melhad. The nolice aha11 be directed to the Property Address
<br /> ,:•
<br /> � � or any othPr address BoROwer desiQnates by notice to Lender. My noUce to lender shall 6e given by first dass mafl to�
<br />- � �� Lender's address stated herein or eny other eddress Lender desigrtates by ioUce to Bosrower. My noUco provided tar in thts .
<br /> . Seeurity Instrument shall be deemed to have been gNen to Bortower or Lender when given as proviQed In this paragraph.
<br /> 15. Governing Law; SOVe�tbllity.Thls Security Instrument shall be govemed by federet taw and the law o1 the
<br /> JudsdteUon in v�hlch the Properly ia located. In the event tAat any provislon or cfause ot thls Security Instrument or the Note
<br /> � • � contUcts rrith appilcab(e faw,sucA contlict sha11 not aHect other provisions of this Securiry IrtsUument or the Note whtch can be
<br /> - . given ettect without tho con111cUng provlslon.To this end the provisions of this Security Instrument and the Note are Eeciared to
<br /> '' � be severable. �
<br /> • ' � 18.BotIOWO�'s Copy.Bartower sfiafl be given or,e contonneA copy ot the Ncte ar•�ot this Security InsVumer.t
<br /> . ' , . j F�316.VA3 (1Fl� Pagc 3 of S � -�- �
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