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89102007
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10/19/2011 10:57:29 PM
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10/20/2005 9:28:03 PM
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DEEDS
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89102007
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JM <br />89= 102007 <br />If Lander required mmg+age insurance as a condition of making the loan secured by this Security Instrument, <br />I <br />I <br />Borrower shall pay the premiums required to maintain the insurance in effect until such time as the acquirement for the <br />insuraneeterminates in accordance with Borrower's and Lender's writtea'agreement or applicable law. <br />d. Iiapadion. Lender or its agent may snake reasonable entries upon and inspections of the Property. Lender <br />shall give Borrower notice at the time of or prior to an inspection specifying reasonable cause for the inspection. <br />9. C,aioa. The proceeds of any award or claim for damages. direct or consequential, in connection with <br />any condemnation or other taking of any part of the Property, or for conveyance in lies of condemnatim are hereby <br />assigned and shalt be paid to Lender_ <br />In the event of a toital tong of'the Pmperity, {tee pmeands shall be applied to the swns secured by this Secunty <br />lns>zu>amU whether or we then due. with any a ,Vdd to Borrower. lo At-& tt of a:prstmli tak mS of the.Propertg. <br />ctrrless Borrower and i aocfesq*=wtsc qm icm 9 raft s•.cats secured by 'Oft e$..ecurity ixmn at tW be Eby <br />tb>fe: amount of t� prone sh. r � leg! 1* Radon* (dorm: f g) the t ©� �tourt ''31l i� stsens ra tir44 <br />{ 7P�tiLtCiIGCij�( fTllil�tt31Clfi�it3lik�.J3fis�lY .1, ste* ism 'ylef'ert5icrcirrg.liittxtt?t <br />lttsl* czglasuit�3(:?*. {iisiliii.l:r3t 1�i3dcr {ss'i;:,tr7ixitrt#ier► six ;� XT.isr <br />., <br />: 'rt7idcr. .. - I r. a •. '. ., _. .. � ii(,�• ..: ���� {hrps�f�" ... <br />�.wzxdi, ifSa�`i!1 aGa�ii'Ctf'raa is f�"is�� . r Tisnr, Yle� •. (�fafrrillr+fnr(ft� . <br />.:,.. � Q reef yu, . •f3t,a .V ,.., .. ... <br />. <br />. <br />;� <br />..'�' :.�.aid:�ii�sicthorized to wiieccaitt�ityt%e proceeds: atlt�{s{�ion. ertiierto t�rsctuti'r:�r cepaitirftlt�ltty or <br />. <br />r fl. me sums ssrriried by this Security hssEC»~+aent, whether or not tfaAi due. <br />Unless Lender and Borrower otherwise agree in writing, any application of proceeds to principal shall not extend or <br />postpone the due date of the monthly payments referred to in paragraphs I and 2 or change the amount of such payments. <br />10. Borrower Not Released; Forbearance By Leader Not a Waiver. Extension of the time for payment or <br />modification of amortization of the sums secured by this Security Instrument 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 interest. <br />Linder shall not be required to commence proceedings against any successor in interest or refuse to extend time for <br />payment or otherwise modify amortization of the sums secured by this Security Instrument by reason of any demand made <br />by the original Borrower or Borrower'ssuccessors in interest. Any forbearance by Lender to exercising any right or remedy <br />shall not be a waiver of or preclude the exercise of any right or remedy. <br />11. Sseteaaors &M Aadgm Bossd; Joint and SievvW Liability; Co- sifpers. The covenants and agreements of <br />this Security Instrument shall bind and benefit the successors and assigns of Lender and Borrower, subject to the provisions <br />of paragraph 17. Borrower's covenants and agreements shall be joint and several. Any Borrower who co -signs this Security <br />Instrument but does not execute the Note: (a) is co- signing this Security Instrument only to mortgage, grant and convey <br />that Borrower's interest in the Property under the terms of this Security Instrument. (b) is not personally obligated to pay <br />the sums secured by this Security Instrument; and (c) agrees that Lender and any other Borrower may agree to extend <br />modify, forbear or make any accommodaiions with regard to the terms of this Security Instrument or the Note without <br />-- <br />— — <br />that Bo,rower'sconsent. <br />-` <br />It. Lose CherM. If the ban secured by This Security Instrument is subject to a Iaw which sets maximum loan <br />charges. and that law is finally inter-yrrted so that the interest or other loan charges collected or to be colyeaed in <br />connection wiab the loan exceed the perrl!:itted limits, then: 'tk v *y such loan charge shall be reduced by the xmount <br />necessary to ra; �=e the cbwge to the )p=itted li =cr; rAt fb) a,.y =s tlrr&y collected from Borrower which exceeded <br />permitted limits w :l be relwyded to B{-rower. ten;; r mt c- :a a to maka this refund by reducing the principal owed <br />under the Note to by m&Wrga direct p yr ient to Borrower. 1. a refund reduces principal, the reduction will be treated as a <br />partial prepaytt mi without any prepayment charge under the brie. <br />I& %patios AReethg Leader's Risbtm: If emurment or expiration of applicable laws has the a Feet of <br />nmdering any provision of the Note or this Securitj- rmtrument unenforceable according to its terms, Lender, at its option, <br />in -dy require immediate payment in full of all sums secured by this Security Instrument and may invoke any remedies <br />permitted by paragraph 19. If Lender exercises this option, Lender shall take the steps specified in the second paragraph of <br />paragraph 17. <br />14. NoOm. Any notice to Borrower provided for in tXi'?L Security Instrument shall be given by delivering it or by <br />{ . <br />mailing it by first class mail unless applicable law requires use of another method. The notice shall be directed to the <br />Property Address or any other address Borrower designates by notice to Lender. Any notice to Lender shall be given by <br />first class mail to Lender's address stated herein or any other address Lender designates by notice to Borrower. Any notice <br />provided far in this Security Instrument shall be deemed to have been given to Borrower or Lender when given as provided <br />in this paragraph. <br />15. GgfenLg Lw; SeverA1llty. This Security Instrument shall be governed by federal law and the law of the <br />jurisdiction in which the Property is located. In the event that any provision or clause of this Security Instrument or the <br />Note conflicts with applicable law, such conflict shall not affect other provisions of this Security Instrument or the Note <br />which can be given effect without the conflicting provision. To this end the provisions of this Security Instrument and the <br />Note are declared to be severable. <br />16. Borrower's Copy. Borrower shall be given one conformed copy of the Note and of this Security Instrument. <br />17. Transfer of the Property ore Beneficial laterest in Borrower. If all or any part of the Property or any <br />interest in it is sold or transferred (or if a beneficial interest in Borrower is sold or transferred and Borrower is not a natural <br />person) without Lender's prior written consent. Lender may, at its option, require immediate payment in full of all sums <br />secured by this Security Instrument. However, this option shall: not be exercised by Lpr der if exercise is prohibited by <br />federal law as of the date of this Security Instrument. <br />If Lender exercises this option, Lender shall give Borrower notice c ac,:eleration. The notice shaU provide.a period <br />of not less than 30 days from the date the notice is delivered or mebrd wit--,-=; which Borrower must pay -ti sums s=ired by <br />this Security - later ument. If Borrower *fails to pay these sums gmt• to-the expiration of this period. Lender may mr ,kik.t any <br />rcmedtes•pr`rms- r=ed by this:Sectrri¢y[rittrament %ithoeri or des -stand on Ilermwer. <br />18. Borrower's Yriow to Reinstate. If Borrower Borrower shall have tare rg:;te t� have <br />etaforcemenL of this Security Instrirn:ent discontinued at anytime poor to cir2 earlier of: (a) 5 days (as-tu .h other pr_rad as <br />W. Iicable aa* may specify for reirsca:ement) before. sale of the property pursuant to any power of sic cmitained m this <br />Security Inaur' -. ^ ent; or (b) entry ofa judgment taforcing; this Security Instrument- Testae conditions are than Il'xmi•wer <br />(a) pays Lender all sums which then would be due under rims Sccunty instrument tond' t ie Note had r:o acre!*ation <br />occurred; (b) cures any default of any other covenants or agreements; (c j pays all exr iii incurred in enforcing this <br />aap� <br />Security Instrument. including. but not limited to. reasonable attorneys' fees: and (d) takes such action as lender may <br />�sf <br />reasonably require to assure that the lien of this Security Instrument, Lender's rights to the Property and Borrower's <br />t <br />obligation to pay the sums secured by this Security instrument shall continue unchanged Upon reinstatement by <br />rr <br />Borrower, this Security Instrument and the obligations secured hereby shall remain fully efrecuve as if nit acceleration had <br />.� <br />OccurrCd Ifowc e- T. thisrighttorernstatesiflilnjo! applyii tilitc awIllaccderationisvid!YpalagiLi hNt',of e1 <br />
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