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<br /> 4� �Y Q �`� substanriailY equivalent mortgage insucance coverage is not available.Borrower shaU pay to Lender each month a sum ec}ua1 to `i�. �C'_
<br /> d b Borrower when[he incurance coverege lapsed or ceased to
<br /> r° �. `'��`j- .one-tRe'ifth of the yesrlY mortga8e msurance piemium bein8 P� y .-.•- ,
<br /> � - - be ue effed.Cender will aa�t.ase and re�ain these payments as a loss reserve in lieu of mortgage inwrancc. Loss raerve
<br />,_��4.:°.�-4:'���_. ' ts no lo r be at the aption of Lender.if moagage insurance ooverage lin the amaunt and for the period � ;.,�,.::•
<br />��cr`r , "' '" ��i .
<br /> -�"``''•'`'� t�hat�i.ender�uires�proved�insvmr appmved by Lender again bacoines avai}able and'u obtained. Borrower sl�alt psy -:a,`.�'':;-
<br /> mo e im'urauce in eff�c.ot to provide a loss reserve.until the t�equ►rement for mortgage � �`:..F `.
<br /> , 4�. ��`.` the gremiums reguiied to maiutain �SaB �yeen Borrower and[.ender or appticabte iaw. E � ���:
<br /> t r , '�.. ' insurance�d s i u a c c o:d a u c e w i t h a n y w r i t t e n a�t '�° � <_
<br /> - ���t�;'_ q,IaSp�ton.Leadec or its ageut may makc r�son�ble eatries upon and inspections o f t he P r ope rt q. {.e n d e r s h a l l g e v�e � � :
<br /> - �` teasonabte cause for the incpecdon. F �
<br /> ' �'`��-.`.'t;: Borrower uotice at t h e time of or p r ior to an i n s p e c�on specifying -, •
<br /> `r I0.Candennallon.Ths p ro c e a d s o f ar►y a w az d o r e i a i m f o r d a m a g e s.d i r e e t or co n s e qaentiai.in conneetion wi d►any `c q ,�
<br /> .. �.`a.t; :-=' condemnatioo�r other taking of azry part of the Progesty.or for wn�eyance in lieu of condemnation.are hereby as+igned and � �
<br /> i � ��,.
<br /> shaU be paid to ixnder. y�
<br /> :{,�: `.� Ia the event of a totnl taking of the Pmperty.the proceeds shall be applied to the sums secured by this Securi�I��ut��tT �,
<br /> �` ,-'�,�.� whe,d�a ot twt then due.with any excess paid to Borrower. In the eveat of a partial taicing of the Pcoperty e
<br /> �`;:-'= �' :�' mark�vatue of the P�apeRy immediately hefom the talcing is cqual to or geaser than the amoxeEt of the sums secuicd by this ;,
<br /> °' �t•e"` Securiry Instruiaent i�nedi��telY before the taking.untess Borrower and Le��der otherwise ag�ee in writing.the sums secuted by �� -
<br /> . �= .-.Y1�_'° t6is SeauitY�nshume°; shall be reduced by the amount of the pnooeeds multipliod by the following fraction: (a)the tatal
<br /> before the taking.divided by(b)the fair market value of the Property immediate[y ':�- :
<br /> •.�.•�:_;...: `ct,. �: :._.
<br />-:`::�;.�s��_�...}• amnnnt of the sums secured immediatelY af the Yro �n which the fair '���..-,.
<br />. .... ..: .....r,.�. �I�nce shatl be d to Borrower. In the evtnu of a�� Pe�' �,2.
<br /> ;.�:.:;:'.�;..�:-;�_.:.. be fore tlie tatring.A n y Paz before the ._.:r._=
<br /> . . . ,_ . ,•-�`• m a r k e t v a l u e of the Pio p e rt y itnmed'eately before the taldng is tess than the atnount of the s�uns secu�iinmed i a t d Y :_t.,j.,:;
<br /> taking,unless Honuwer and l.ender otherwise agree in writing or untess app t i�a b t e t aw o t h e r w i s e p ro v i d e s,t h e praceeds shall , u
<br /> r�t .- fG �n+.� ..
<br /> '`._ _r_`,=;--;_��:`_. be aPPIled to tbe sums seaued by ttus Secusity instntment whether or not the sums are[hen due. T
<br /> If the property is abandoned by Bornower,or if,after aotice by Lender to Borrower that the vondemnor offeis to make an L �,
<br /> �e:.,,,;;., k :�; award or s�tle a claim for dama8e�• ��'er faits w �espand to i�nder within 30 days after the date the n4tice is given. � ,. F�
<br /> F # i.,;,:�• lxader is anthori�ed w oolted and app1Y the pmceeds.ai iu option,either w reswtaaon or repair of the Propeny or to the snms u'
<br /> '�` } f'4 sewted bY this Sewrity Insut�m�,whett�er or not t6eu d¢e. ,.
<br /> ,, :, ,� Sewr nsu� u�writutg.anY aPPlication of pmceeds to priuci�a! shatl not extend or y
<br /> yt�t�s ix�der and Bormwer otherwise ag�e �
<br /> .p�:_:;r.,,Y.w�t a':.. refemed w in paragraphs 1 and 2 or change the amouut of such payme�rts. i r
<br /> � ';a postpone the due date af the mosufllY PeY� pa or madific�tion
<br /> 5, �. .�
<br /> ;:�-..'; . :r. r'°,: 11.Borruw�Not RQtpased;Far6earanoe B�9 Lender Not a Waiver.E�ueasion of the ame m yment �_.
<br /> .- ,�r�`� of amorti7asion of the sums se�vted bY this S�rlt}+Insuument granted by Lender w any suocessor in interest of Borrower shali �
<br /> �'--�°�..�'.-'�, not uperate to selease the liability of the originat Borrower or Bormwer s successors in�rteres�Lende,�shall aat be required w `�:
<br /> .�*�`;,�,°`'-:.�`-'�.=;: �t an successor in i�erest or refuse to excend dme for paymeat or otherwise awdify amorti�ation ,
<br /> "`�!:,:, r : � •.-,...•-. commence pmc�dings e&ain. Y
<br /> -•.`,,�=;�-;���~� of the swns se�ured by this �eCUntY Insuument by rea�on of any demand made by the original Borrower or Sorrower's
<br /> '?. �'"... �� suco�ois in inte�st. Any fo�ce 1sy Lender in exercising any rigtrt or�medy shali not be a waiver of or preclade the ��,{. .
<br /> -,_� , -. .�•1�' � �:-
<br /> ,. �,�,., e x e�i s e of an y ri g ht ar ranedY• Boon d:d a f n t an d S ar e r a l l d a b II i�9;C o-s i g n e t s.T i t e c a v�n a n t s a n d a g t e c m e m s of this �
<br />- • ; .,�,�. 12.3aco�sors and Asslg�s
<br /> =�s.°%°,�;�:�'���:.'.. gecority L�uament shai}biad and benefit the suevessors and assigas of Lender med Barruwer. subject us the pmvisions of x :�
<br /> , � p� b fl. 8orrower's covenauts and agreemeuts shall be joint and several. My Borrower who c�o-s�gas this Sec�rlty �,��
<br /> �'� U�but dces not execute the Note:(a)is oo-si8aing this Secvn�Y ln�°t oaly to mortgage.Srant and eonvey that
<br /> ' �' l�� ..� � ..-' _
<br /> �:� Bormwer's�ute�t in d►e PropertY uAdeT the terms of this S�uritY Instrument:(b)�s not perso�pye b�ed��,forbear or -
<br />`:,,. :..;';<,-M"_ ,.� iu �t l.e n d er and any other Horrower r�aY agree . ---_-
<br /> _.:i?;�•.- -: :.- `�.��y.� secared by this Securit�+Iastrame�and(c)agrees _-_-
<br /> ,k : s make anY accoam►odaho�with re�aard to tbe te�of this Setarii�ty me�nt�subj�a�aw�which sets maximumsl ct�az8es, �
<br /> ' •-` If the Ioan secured by this Security �
<br /> ., �.:-...',, :.:,;r,-�::�j 13.Luan C�a•
<br /> �, F�' aad that law is fiaally interPrded so that the interest or other 4oan clia�ges collected or to be oolletted ia counection witb the
<br />'•�'_�;'^�°:;_���;�'��:_ loan exceed fhe pem�itted Waits.then: (a?�Y such lean charge shall be reduced by the amount n�saz�►w reduoe the charge ��'�
<br /> .�': �'. °� to tbe permitted limit:and(b)as�Y sams a�dY collecced fiam Borrower which exceeded peradued limita will be refunded w
<br /> �: �::.:': .��� gotmwet. Lee�der taay chaose to make ttus refund by reducing the principal owed under the Note or fiy maicing a direct ,
<br /> ;`:.;�:,.::�:.:`:_=�•:;.
<br /> � o l wlthallt �Y
<br /> ".. :.: ,,.: • . jtayment to Borrower. If a mfund reduces ptincipal, the reducuon will be aeated as a partisi P�Y� -----
<br /> ?::.,-��,.;':,:.,:; '` prepayment charga nnder the Note.
<br /> -.,., _�..;.,.,�,�:� 14.NoNaes.A�ry notice to Botrovrer provIded far in this Securicy Instrumea�shall be givea by delivering it or by mailinS
<br /> . ; , . ; tt by first class mail nntesg apyltcabie law requires�use of another method.The notice shaU be directed to the PcopestY Address : ---
<br /> ''''k':.+,�.; :::: b nouce to Leader. A�ry nodce to LQr�der shall be given by 6ist ctass mail to �
<br /> ,.. or auy other addres4 Botcower desigoates Y
<br /> :`;:`��_�,���� � 1.eMer's addmss statod�hecein or aay other address Lender daignates by notice w Borrower.My aatice pmvtded for.in this
<br /> ;:.:'' " :rt;�n,_, " Securlty lnsttume�shall be de�med w have been given w Bl�mem sball be go emed bp f�eral lf►w and the�taw of the -
<br /> ;J'��':.:;.,at 4� 1 S.GovemWg I�w; Sev�rabiittY. This Sea�rity
<br /> -` •#___:. erty�s located.iu the event efiat any prov�stmn'or ctause of t h is SecuritY lnswment�or the Nate
<br /> ,-_¢'�==:�,..,.. . � jurisdidion i�t wbicb the Prop
<br /> -^.':'`�-���:`?�= oonilias with appitcable law.sucb contlict shaU not affect other provisions of tlris Searrity Insuument or the Note wlu"icd wn be
<br /> � �.',.`�," � given effer�wlWout @te conflicting provision.To th�s end the provisions of ihis Seau�t3+InstNment and the Note are dectared
<br /> -- :��;•.��:- .: r�
<br /> _ . to be severable. of the Note and of this 8ea�rltY Instru�tet�t• .
<br /> `:"`;;'..� 26.Borrower's Cogy.Borrower shaU be given bne oo�'ormed oopy
<br /> --;.;:�Y;'"���;�_�� ' 17.7Yeagfer oY the Property or a B�didal tut�esE in Borrnwer.If aU or arry part of the?roperty or any iatecest in it
<br /> �:,�°:•y.::-:;:�..;: : is soid or transferred{or if a beneflcisl iACerest in Bornower is sald or transferred and BO�o�ull of all sucns s�ced bY ihis
<br /> ;: ;yt�;'_.s.;;:;s;, Leader's priar wtitten consent, 1.ender may,at its opt�on. � immediate P$Y��
<br /> . " 'j�" Se��sity Inshu�ment.However.this option s1�a11 not 6e exercis�y Lender if exercise�s prohibited by federal law�as of ette datc
<br /> ;:::;';,_���� ,,. .:
<br /> ' .�:: oYthis SocurllY Ins�ment-
<br /> � �= 'n' If Leader exercises this option.Leader shall$ive Bomawer nat:ce of acoeteration.The nottce ahall pm�Se�°f�is
<br /> '` � tess than 30�days from the date the.aotice is del�vered or mail�aritbin wh�ch BomoWer must pay all �3'
<br /> . .,` 'i'':�'' • 5eruritY E�u�ua�ent.If So�wer fails to pay these sua�s prior to the expiradon of this period,t.ender may invoke aay remedies .
<br /> ',;:;:�. �::-;,.,;.•
<br /> ���::•�; :';.� .:.::. � eradtted by thia SecuritY instn�ment without tluther norice or demaud an Horrower. ,-
<br /> ,�,� �`, :.,.:, ` P 18. Bosrawe�s Nl�ftt to Reinstete: If Boaower.maew certaln eondiaor�s. Boirower shali have tha right to have
<br /> "`,`:.� ,,. �` eafor,oeunert of this Sepu3ty Iastrument discantinued at siry dme psiot ta the eariier of: (a)S daYs(or sucA other period es �
<br /> �; �� . eci for reinstatement) 6efore sale af the PcoPenY Furs�t to a�ry power of sale contatir�d ia this
<br /> ��: ��-'-:;:,�'.°:;;L.: � aPplicable law mey�sP fl► nt eatn�in this Seca�rit3+Instrument.Those conditcons are that Borroaer:te)DaNs —
<br /> : :: .. gecurity ias�cnmeat;rn(b)entry of a judgme S .
<br /> „'�:',`�;i;�;.:..;:x:, l�nder all sums whlch�the�t would be due under this Secus�ry Instniment and the Note as if tta accelerat�oa 6ad occvrred:(b) ___
<br /> m s afl ex enses incnrred in eaforcing t$is Serurity Inauuaaent.
<br /> ,� -� ' cutes aay defautt oY any other aovenants or agceementa:(c)VaY P to assure -
<br /> t �"�'�� inclu�but not lirtdted to:re�sonable attomeys'fees:and(d)takes sucb actton a4 Lender may reasonably tequ�re �- :
<br /> ' � `�•�� tbat the ien ot this Security IngtNment.l�►der's n.�ht�in the PrupertY and Bosrower's obli on to pay the sums secured by � :;
<br /> L.:� - - �..__
<br /> `�� �.�" .,�;���`�;�� thls,Sewriry Instmmeirt sha1t coneinue unchanged. Upon reinstateme,nt by Borrower. s�Secu�ity Insttument end t6e __
<br /> �.ib obligation9 seared hereby ahall remain fiilly effective as if ao sooe2eration dad occurted.However.this t1Pht w reinstate shali �,,__.
<br /> L `` •_ ., �� not apply in the casa of acceleratlon under paragraph 17.
<br /> ' ' : -` 19.Sate oY Note; C1�auSe of Lo�Servtcct. The Note or a partial interest in the Note(wgeWer.wlth this Securlty �
<br /> . ��. ..:,..: .:; �au
<br /> �>.'�':;: '. � `': lnstn�ment)raay be sotd one or more dmes without prtor nodce to Borrower.A sale may resutt in a�aage in the entity(known ::
<br /> `� >'. �, as the'Loaa Servlcer")that colleda mo�h1Y FaYments due ander the Note and this Security Insuument.There also may be one t sT -
<br /> � : ar morc char�ges of the I.oan Sen+ices untelated ta a sale of the Note.lf there is a c�e of the Loan Servlcer.Borrnwer wlll be �
<br /> ..:a ..:_.:= . -.�`i° given wriiten not�ce oi ihe ct�sge 9a aaoordanoe witb paragraph 14 above and applicab e law.The natice wlil state the t�ame m�d f
<br /> . , t-°.; address of the aew Loan Servicer and the address to whlch paymeuts should be made.The nouce win aiso contais:aay otl�pr •�
<br /> � b licable law. . � �
<br /> ' '� infarma8on requ�red Y aDD storage.or rctease of amr '•�
<br /> �;;.;...; : lA.Ha�ardous Snbsteaces.Bormwer shall not cause or peradt the presence. use.dlsposal. affecting the .. �
<br /> �.:�5.:::'. Hamndous Substaaces oa ar in the Property. Bon�nwer shafl not do. nor silaw asryone else to do, anythln8 ;;t:r
<br /> �';'.yt::�;.:�t�:,:'•. :`,. prOpei�y ih3t is 30 Vio1813oD O!Sily EOVii0l�meIItell.AW. 71►e preoediag two sentenaes st�all not toybe ahe p riate�eo n�artnal "."
<br /> _ � ;,-, stm&go un the Pc�pa33►cft�ml1 q�eanti8e�of Hsr�rdoua Substances that are geneeallY PPfOP -
<br /> ` ` ��,.��: tesidential�ses and w maintenance of the Property.
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