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<br /> . � . ..C. .Y • ��� ���YY�� �������� -t,�c C6 `��,
<br /> 4 •<' . er�Ation. �laintcnance aad Pratedtoa ot t�e�opeety; B�n+uwe�'s I.oaa AppH�tan; �j4^P;•`s G` 'r'�
<br /> � :'•�I''� 6' �?�tY' �+ as Borcower's a7�esidEnae wsthtu sb��jl daY$ �
<br /> . _ �� l,w�otd�. Barrower sbali occvpy.e�tabtish,and use the pmpertY � ���,5 p�al resid$aoe ° � :
<br />` .� ` ��i= &Rer th�ex�.-�ttion of this Securit)'lnstrumrnt aad shaU contiaue to aocupy the �Y w��oonsent shafl nflt be '�'r��',ti' °` ' 'e
<br /> _ •,�-_ . ' . f�&t least oae year 8ftet the date of occup:uicy,tmte�s I�er otheiwise e�+eea in��S'•s oonttol. Borlower sI�811 `'` ` 4;�;.� �.
<br /> u n r e a s o n a bl y witbhe 1 c 1,or nnless excenuacinb circumstanoes exist wl�ch�+e 6eyond Bonvwer .` ,-_; °�_:-_
<br /> '. `'�, • not desimy.damageor imgair the Prapeny.allow the Property to deterio=a te,o r o o m m i t w a s c e o n t h e P m p e B y �
<br /> , ' ,� . whether civil or ctiminal.is began that in Ixadet's gaod ` --
<br /> _. .. shall be ia defautt I f any farfeitun:acii�,n or prooeedin8, '- 'Y _
<br /> au the li�cc+eated bY this S�► r �
<br /> �.:=�' 3udgmeat muld t�.sult in forfeiturc ot ttie Property or othEtwise materially imp � °
<br />_ , ,,...• �ent or leader s securiry inccres�. Borrower may cure such a default and teinstate.as Plovided in parageaph 1�,by , s ;
<br />_ .. ;<`�"`"- - m to hc ditimissed with a niling tbat,ia Lender's good faith dete�mination, pr�Iudes _ _� ,_.�x
<br /> , �._ causing thc actioa or procad' €
<br /> -�= fodeit+ue ot the BorcuwePs inter�tir in che Froperty or ather materia!imPaitment of tLe lien eceated hy dds SecuiItY V ,l�
<br /> Enstnrment ur Lender's secvri�y in�ere;t. Bornuwer shall also be in default if Bomawer. dming the toan application �-.��s � '-F
<br /> . process. ga�•e matecia13y false or inaccurace information or statements to Lender(or faited to piovido Lender wi�anY z 4` _ _•�_.
<br /> } � �1Eeria1 infor[�at�oA) ia conuectian wiU� ihe loan evideaced by the IVote,inciudiag.but�is on 81��01�. ''`;.`� -�:.,.
<br /> °.' • cAnr,e�ninR Bo:rower's aauganc}�of�hc Pruperry as a principal cesitl�. If this Security .= _-
<br /> Bosroarer st�all comply arith all ehc pro.�isians of the lease. If Borrower acquiies fee titte ta the Property.the k�ehoid and 4_• F
<br /> � . ttte fee tide shall tlot merge auless l.cnder aLrces to the merger in writing. the oaveaaats an�agm,em�ass �` ' _
<br /> � � 7. 1'mtett�n oi Lender's Ri�hts in the ProPa�tY. If Borrower fails w perfarm �ect Lender's rights in the � --
<br /> � .� ` cuntaiaed in this Securlty Instrumem, or there is a legal Fmcee�g that�Y�&��Y �� __
<br />- • ` . pc�perty(s�ech as 8 pmceedin8 in bankn►p�cy,Prubate,for conde�at3on or forPeiture ar w�nfoae laws or regola8ons). � �.Y+
<br /> to protect the value of the PrnperiY aud Ltttder's�Ighis�n t1� ��-'_
<br /> , �,. .� tltea Lendcc may do snd pay for uhatcver is necessary e�������� oeer dtia S��Y �" --
<br /> '�<. , property. [,ender's actions may include payir►g at►Y surns secured 6Y an t8e Pco w�ake cepaus. E41tUoug� __v. _-
<br /> � . I�sts�ment. appeating iu cout�.Pa>ln°r��sonable attomeys'fees and entering P�Y
<br /> � L,ender�t-ta�e.acdoa uader this pangraph 7,Leader.does not have to do sa �
<br /> *. .. . become add'iu'onal debt af Bonvarer seau�ed bY� �___�'=-
<br /> � . pny a�nounts disbutsed bl+ Lcndcr�mder this paragraph 7 shall �eemoulita s�ll beat iutezest f[am ,,,�,: h;_
<br /> -:'� ., Security in,uament. Unless Borro�vcr and I.ender agree to athe�cerms ef paymeut,
<br /> nr est
<br /> ��_��
<br /> ' � � � tlie date oi disbtusement at thc ho�r r:��c and shall be payable, arith interest. npon nattce fram IxAder�a Bot�r ; ,
<br /> � - requesting payment. ' the loaa seca�l b3►this ' -:'� `;�:`�"'"-.
<br /> ' � 8. �lurtgage Iasurauce. I f ia:ndcr required mongage insurance as a canditian of mak�ng m e�Ct. If,for nny �.: :'�`�`—T'-':
<br /> � Security Inytr�ment.BOimwer shaA pa}•�hc premiums requiced to maintaia t&e mort&'i8e i�s�� _�"-'--
<br /> ' � ' w be in effecx, Boaawer sLall pay 1�e ; ' .'��.
<br /> reason. chc mortgage iaswancc cocer:��e required by I�ender lapses or cRases �t _ __
<br /> ..� -.r... . . � -- ----- --
<br /> � , _ �. . premiums required to obtain covcragc substandally equivalent to the mortgage tasmrastee Pie�Yan�ma�te ffim�e ' = -
<br /> ` " � substantially equivalent to the cos�co Borro��•cr of the mortgage insurance Prevlousty in effect. .. �--
<br /> .. �. : : {nsurer approved by t•�der. If substanti:diy cquivalent mortgage insurance coverage tsnot avai!��.�B irawer wHea the f��'y` �-.--- �
<br /> 1 . � � � " Lender eact�month a sum equa2 co�nc-nti�cl f�h of the yearly mongage insarauce premium bein�D ��a loss r�s�rve ia � -- =
<br /> 1„ � iusurance u�verage tapsed or cx-�cd co hr in effecc. Lender wiil accept,nse and retaia these paym�nts -_
<br /> at the oP�oa�oY�.eadst.if iuortgage �
<br /> - — — lieu of maciga�e Im'zuauc:.. l..as'. rescn�c paymen�s may no longer be requiie8. _ �J
<br /> insucance�.���erage(in the amoum and for the period that L.ender requtres)provided bY aa insuter apgc°�'s8�Y�►der -�
<br /> w m a i ntaia mort g a g e insuTance in ,
<br /> ° again becames available aa d ts o btaincd. Bn r r o w e r s h a l l p a y t h e p r e m i n m s r e q u i c e� 4.:�-°-�—
<br /> �. s�:::Y...—-
<br /> � ' � � efPect. or co provIde a loss resen•r, un►il ihe requirement for mortgage insutance eads ia accordauoe witb�Y�� -- �-- _
<br /> � agreemcns`�ettiveen Borcower a�td Lender or applicable law. - :.�r�_x ��..--
<br /> � 9. InspeGios�. Lender or i�s aLrnt may make reasonable eatries upou�d insP�xiona of ttte Pmpecty. Lend�r . `:�:Y-
<br /> ��� � shaU give i;orrower notice at thc ume uf or prior[o an inspection specifyiag reasonable caase for the IaspeMtoa. • `�`�,__
<br /> - : . 10. t'ondeamatio�t�atccin r�oC ane��P r[of�he Property,for fo�nveyanee ia�eoademnatto�a�re h ceasY ""_
<br /> any condcnmation or oth � . ` ;,,,s, ' =--
<br /> � assignal aud sl�ail be paid to Lendcr. � � 1-
<br /> ` In thr cvent of�total takin�; ��f�l,r F'roperty, the pmceeds shaA 6e applied w the sums s�by this SecvrItY ,
<br /> • ' lnstrumcnt.w h e t h e r o r n o t tben duc.�viih.;ny cxcess paid to Borrower. In the ev�t�=f a p�azdal��g��t of�� L ,`',� -
<br /> � � which thc i.�ir taarket value of the Prop�ny immediately before the taking is equal 8� � -�
<br /> . • •� sccurcd by ihis Saa►dry iasuumcn�imm��diaccty before the taking,unless Borrower and Lender othezwise agtee if�wrldng+ �
<br /> . --= thc sums�«ured by t h is Security In�aui�irn t�s h a l l b e r e d u c e d b y t h e a m o u n t o f W e p i o c e e d a m u l t i pHed b Y the foliowIag L._. _ _
<br /> � ftactiun:l:��t h e t otal amount of ihc�uu��,.c���red immediately before the taking.divtded bY N)�e fair market vaIue of the - Y� .�:�_
<br /> � P�operiy i���mediately before�hc�:�ti���;� ��»y balance sha11 be naid to Bonower. In the e�+ent o Y ap a rt i a l t a k i n g o f t h e
<br /> . . . ' Prapeny in�vhich the fair markc� ��:du�"I�I�c Ptopeny immediately before the taktng is less than the smount of the suffis '; t .
<br /> ' � . • ' sccurr�l in����ediately bePore the taking. :micss Bonower and Lender otherwise agree ln wtltta8 ar autess IIPDlir�te laa' .,, .
<br /> .. � � . � olhenvise��rovidea.the proceedh,t,,�11 i,�:q,plicd co�he sums secured by this SecuricY Insa�ent whetf�er or not�e swns , .
<br /> ". . : ntc ti�cn d��,�. . . '
<br /> i . ' �.. tI�lu f�roperty is abandonc�l h�� ts��rru��•cr. or if. afeer no�ice by Lender co Borrower that the condemnar offera to .
<br /> " � � =. m;�kc;m.�;:�.rd or settte a claim tor�l:un:���r�.(ionower fails to respond to Lender arithin 30 days aRet the date the nodce ia . �`"
<br /> " � . ' gircn.4�u��rrisauthotlzedrocullrc�:m�!:�pp►ytheproceeds,a[iuoption,eltherwrestorationarsepalrofthePmpertyorto • ,
<br /> ' � � thr sum�:���ured by this Securi��� In.n��n:cm•whctDcr or not then due.
<br /> . � . Unlc�- l.ender tutd Boao�vc� �,ihr�,�i•r��rcc in writing.anY aPPl3cadon of procxeds to pti�ctpal st1a11 not extend or
<br /> � ut " :
<br /> � '. ' pn�i��onc i��due date of the mmnh►c p:����t�����s referrcd to in paragraphs 1 and 2 or rhange the amount of auch paS+ments• . . .. :.
<br /> �:'�� . 11. I�u�ower Nn! Rcic:�«•�I: 1„rh�•;�nmce Iiy Lender Not a Waiver. Extensioa oY the Hme for paymeat or � .ti...�. . .
<br /> +`: n���d�(ir.�u,��of amortiration of ihr���n��•:���reci by this Sccurity lnstrumeat granted by Lcnder to any sucoessor in interest of
<br /> .•,—. __---�' u�ii�4i5'r'i ��iii�IPJZ t7^�:3�:�4 r.•1,•.... �I:.. I�.�i,ili�y of thc original Borrower or Borrower's successora in intetest. LCIIliCf — .s-_
<br /> . .� . �� � 6h:�11 uui I rcquired to conuncue�• i�:��-<<<►mgs againsc any successor in interest or refuse co eaten3 iime fur�.aYm�o= , .
<br /> oil�cnti��c �udify amortization ��� �i��� �•����� ��cureJ by this Securiry Instnunent by teason of any dema�W ma4e�y the
<br /> , ; �� . . � bril�iu.�l Is :r�wcr or Borro�vcr'� ���<<,�..,���. in imcrest. Any forbearance by 1,eaQer in exerclsing a�►rigl►t or temedy `
<br /> sh.dl uue L a waiver of nr prcctu�l�•n�r�,�::��c of�sny right or remedy.
<br /> I2. •�ucctssors und As.,i�;u� It��und:.luint and Sevcral Liabillty;Co-stgners. The covenaats and agceements of .
<br /> � '' thistic�u�r•. I�istrumentshallbind••���Ii�,•����i�riLcsuccessorsandassignsofl.enderandBorrower.subjecttotheprovisionsof
<br />- p:u.��;�,q�t, :'). Borrower's wccn:����,.��:�!.�.:r�'��mn�s shali be joint and several. Any Borrower whoco-signst}u'�s Security , . .•
<br /> ' � �n,c,uuuu: ��ut Aoes nut execwc i�:� � �� �.��is cn•cigning this 5ccurity Instn�meat oaly to mortgage,grant eY
<br />.- � , j ll�.a 14utm �r's intcrest in thc t����;����•� ������r�hc cc.�rms oi this Security Instrument;(b)is aot petsonally obligatedro pay ,
<br /> �hc •mn� _ured by tMs Securn� i�:•� �••����: :���d(c) asrees that Lender and any other Borrower may agtee to extend.
<br /> . j n�.,s�ty. i„ �,rar or makc:u�y a��„� .��.�..� .;..��,�vi�h regard to chc tcrms of this 5eturlry Insuument ot the Note wlthaut tt�at _ . : :�
<br /> � , :; H�„n�ti«� �:nnsent. : _ �
<br /> _ � . 3u, �in. i � ,t���u/ Ne6rnslts Yarm3028 9190 (pagelollP�+B�I ,
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