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<br /> 10. Reinri�tement, Borrower has a right to be reinstatcd if Lcndcr has rcquircd immediate payrnent in full �
<br /> � because af Borrower's failure �o pny an amount due under the Note or this Security Instrument, 'Iliis right upplies
<br /> . .�, � , cvan afrer foreclosure pr.�ceedings are instituted. To reinstate the Security Instrument, Borrower shall tender in a lump
<br /> . �*� sum all amounts requfred to briog Borrower's account current inr,luding, to the extent they are obliga�ious of Borrower
<br /> �'� I under this Sec:urity Instrument, forcclosure costs and reasonable and customary attomeys' fees and expenses properly —
<br /> associated wtth the foreclosuze proceeding. Upon reinstatcmcn[ by Borrowe�, this Security Instrumr.nt and the
<br /> � obligatians that it secures shall ren�ain in effect as if Lende►• had na[ required i�iun�xiia�e paymciit in full. Ho�ti�evcr, �-
<br /> Lender is not required to perniit reinstatement if:(i) l.ender has accepted retnstatement after the camtmncement of _
<br /> ����' foreelosure proceedings witt�in two years immedistely preceding the commencement of a current foreclosure
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<br /> .��' proceeding, (!i) reinstatern¢nt will preclude foreclosure on different grounds In the future,or (iii) reinstatement w�
<br /> ,� adversely affect the prioriry of ihe lien created by this Securiry Instrument.
<br /> ?- 11. Borrowa Not Rdeaxd: Po�b�anoe bY L�fe� Not a Wxivc�r. Extension of the time of payment or
<br /> modification of amonization o{the sums secured by this Security Ins[rument granted by Lender to any successor in
<br /> � interest of Borrower shall not operate to release the liability of the original Borrower or Borrower's successors in
<br /> � interest, Lender shall not be required to commence praceedings against any successor in in[erest or refuse to extend
<br /> � " time for payment or othe[wise modify tunortization of the sums secured by this Security Instrument by reason of any
<br /> demand ms►de by the original Borrower or Borrower's successors in interest. Any forbearance by Lender in exercising
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<br /> ;e ' any right or remedy shall not be a waiver of or preclude the exercise of any right or remedy.
<br /> 12. �cc�sO�s � /►�[�y Bound;Joint and Several l.iwbility;Co-Signcre• The covenants and agreements of this
<br /> I.�-;..::,,. Security Instrument shall bindand benefit the successors and assigns of L.ender and Borrower, subject to the provisions
<br /> of paragraph 9(b). Borrow'er's covenants and agreements shall be joint and several. Any Borrower who co-signs this
<br /> '" � Security Instrument but dces not execute the Note: (a) is co-signing this 5ecurity lnstrument only to mortbage, grant
<br />-'� �"��'� ' and convey that Horrower's inierest in the Property under the terms of this Security Instrument; (b) is not personally
<br /> - r obligated to pay the surns secu�ed by this Security Instrumenr and (c) agrees that Lender and any other Borrower may
<br /> "`�=`���'� a agree to extend, modify,forbear or make any accommodations with regerd to the terms of this Security Instrument or
<br /> ���:n-k':��'X the Note without that Borrower's consent.
<br />---�;:�;,:� � 13. Notioa. Any notice io Borrower provided for in this Securiry Instrument shall 6e given by delivering it or
<br /> =:•" t : by mailing it by first class rnail unless applicable law requires use of another method. The notice shall be directed to
<br />�.Ar,�:�� ' .
<br />-.._,�,:-��. • thc Property Address or any other address Borrower designates by notice to Lender. Any notice to Lender shall bc
<br /> ' ' gi�cr�y:ro c:::s :r»il r�I�-�der's address stated herein or any address Lender destgnetes by notice to Borrower. Any
<br /> '°'' =�•�r��� notice provided fAr In this Security Instrument shall be deemcd to have been gtven to Sonower or Ix�iuer �hcn�i�c��
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<br />-°��:� as provided ln this paragraph.
<br /> _=,;;''�";.•� 14 Goy�ning ��,��vai6ility, This Security Instrument shall be governed by federal law and the law of the
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<br /> _=r�-��,"�'�.,` jurisdiction In which the Prop�rty is located. In thc event that any provision or clause of�his Security lnstrument ar
<br />_��sr.�;,��, the Note conflicts with applicable Is N,such conflict shall not affect other provtslons of thie 5ecuriry Instrument or the
<br />��,-t;-;;,�,,'�. Note which can be giveneffectwithout Qie conflicting proviston, To this end the provisions of this Securiry Instrun�ent
<br /> --•�•�r.:*�;;;�� and the Note are declarcd to be severable.
<br /> "=`='�?��''-�� 15. Bomowec'�Gnpy. �orcower shall be given one conformed copY of the Note and of this Security Instcument,
<br />-- =��� 16. Ha�uclous Sub�. Bo=rower shall not cause or pernilt the presence, use,disposal, storage, or release of
<br /> _-__�,;."��.� any Hazardous Substances on or ln the Property. Borrower shall not do, nor allow anyone else to do, anything
<br /> --__�� affecting the Property that isin violation of any Environmental Law. The preceding two sentences shall not apply to
<br />- ��`� '` the presence, use.or storag�on the Propeny of small quantities of Hazardous Substances that are generalty recogniud
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