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<br /> `'' �' � �O(IOwBF RISy W(6 SUCh 8 defeUR ef�d �6`Q15t8i9� SS provtded h� paragraph t8. by ceusing the acdon or procee�ng to be � -
<br /> i 8t9. ; _
<br /> - _^c•• _' `' �n�sed waA a ru�g that.En L,�d�s goad faRh detennhation.P�ecdtdes tarteIDue of the Hwmwers ln�erest in the Property or _ _ $ : _
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<br /> = t ._ .� :; other rt�t0tf3i i�npahment Of the 6en CreBied by tAls 38W�lyl ln5bNrt18tlt Ot L6fider3 58C�Y 61iei8St. BOrtOwB�ShBU 8150 bB hf .._ r` 1�,__:.
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<br /> � " detaua�Borrower.durfng the toan epPUCetion process,9ave maferi�if►tatse or b�accurate infortnaflon or s�to Lmsder(or � _
<br /> �;`.� � �. ta�ed M Drovida ler+der w3h enyr materla� tMom�attoa)fi connecdon w�h the loan evidenced by the Note. fncLidmg. but not `- � ` ,`'
<br /> ,.:, ' Amded to. repr�entatlons conee�n�g Borroxrer's oceWranelf ot ths Property es a prfic� residenee. If this Seeurdy —9 :" � .
<br /> �: � : f` Insuument ts on a ieaset�otd.8ortower sha0 comply w�h aU the provistons of the feasa tt Borrower acquhas fee btte to the •�
<br /> '• � � ProP�Y.the teasehold m�d tAe tee tdie sAaU no!metge uniess Lender a�ea5 M the merger in writ6►g. � 5. :�,-•
<br /> �`��< � , H Bartower fa�Ts to P�cm tlie covenants and agreeme�ts p • v .
<br /> � .'__.' 7. Protectl�t o4 L.ettder's Rights in�te Property � �
<br /> <.: �:-
<br /> �t• �°;, � Cor�►ed'at this Secur3�/ tnstrument,or ther8 ts 8 legai 0roceedmg thffi may Sign�antly SNeet Lende�5 rbghts o� the F'ropertY � .'a
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<br /> 7E�`.°' � o - (SUCh eS 8 pfOCBBdi(19 h1 be(IIWPtCll.ProbBte.tor condemnatlon or torfefitre or to eMorce laws or reguta2tons).lheti LBrtd9�ttt8y _ .
<br /> do enQ paY(pr whacever is ne�sary m proLeet the vaNe af the Prop�ty and Lendefs rights in the Proparty. L�d�s acdons � � t ��;
<br /> �_�,,,- `� may inCrt�de GaY�9 a�Y sums seeured by a �ien whtch has prior�y aver this Secu�yr Instrumen� aPA�9 in eourt, PaY�9 � ; x:� :
<br /> = �:- A�Aau Lender ma take action under tl►�paragraph � Y- .._; .:_:.�
<br /> �.`; rJg�,� .-. �easonable atromgys'fees artd entering on the Propeny to make repaus. Sti Y ;, •.�;;,, .
<br /> �� , � �- 7,Lend�daes not have to do so. E " `
<br />_ �jf ; My emounLg dsbursed by Lender under P�B�Ph 7 shaH became adddlonal debt of Bortower sewred Gy this Secuc3y :` :u. J �'_
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<br /> F : Insfrument. Untess Bo�rower ar�d 4ender a�e to aU�er t�ns of payrt4e�t,these aircmm� shaU bear intsrest from the date of
<br /> �'�°...� � .y<i� disbursemert!at the Note rate and sha0 b9 RaY�te.���-�Pan notiee irom Lend�to Borrower requestm9 PaYment �
<br /> �' r� 8. MOI'I�BS@ lflfiUr$1tE@. lf Len� re4utrad mortgage insuiance es a con�ion of making the tosn securad by thts `4+� �� _.:;
<br /> �, . ., s: S�1f Insbvm�L Bortower she0 PaY the prem5ims re0�w mah►tah�the mortgage 6�suranee in eN�cG If.tor enY reason.tAe `
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<br /> — �;'•.': "�„ = :, moRSa9e�ns�a+�ce eoveraSe requced by Lender IaOses ar ceases to be rtm eff�t,Bonower sAaO pay the prembnns re4�ired to ` , �,;, .,r_:::
<br /> �. ,, ; �' ohtab�cavereSe subsmnnalN equivelent w the mortgage b�surance PrevbusN �n ettect.at e cost subs�ntlalh eRoivalent to tbe .t , .,
<br /> •'t� •-. '• cost to Borrower o!the mortgage insutsnee pBVtousty i� efte�,imm an aimmate martgage 'v�s�approvad t+Y lender. tt -�'. =:.;4,
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<br /> t ^�ti� . � - - substant�ly e4u�t mnRgage insurance coverage ts nat avaitahie. Borcower shaU pay to Lender eacA month a sum e�+a)to _ •. -
<br /> ,4.•;i �:�• ..�,. ' �'r one3welfM of the yearly mortgage insuranCe premvrt►betng paid Dy Bartower when the insurence earerage FaPsed or ceaseb to ;•�.'..�>, .=r`
<br /> -- "•�� be in effect t�Q�w�1 sexe�f,use ertd�effitn these payments as a toss reservo tn Geu af mortgage tnsuianee. Wu �asenre .`" ,�:..:t�_�,,�'�!,`
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<br /> .1 pgyrt�ents may rto ionger be requted at the aption ot Lender.H moRgage(nsuranee cwera9e(�n the amaunt end!ar the perb0 -
<br /> �!'� ' � that Lende�r re4��)Orov[ded�y an msurer approve0 Cy lenQer agatr�becames avaJab�end is obtau►ed. Borrower sha0 pay _ ; `
<br /> - �'''p tne pcemlums requtred to mamffiln maRgage tnsuranee in effect. ar to pravi48 e Wss resave.nntii the�irement tor mo►tgag� -: �`-
<br /> t.e,• � nsurance ends in 8te0rdance wfth 8ny rrtitten a�ent betwe8n Hortow�and Lender or BppGrabte taw. ` `� •'�+�:,
<br /> �i , : _ 9. (1t CC�OA.Lsnder Ot 4s 88�t may make teaSOnaDt9 enb'ies upon and'e�speetton9 of lhe PropeKy. Lender sAaU gNe =
<br /> 4, .,. ' �
<br /> �� gortower notke at Me bme of or prior W an h+speetton spesifying reasonabie eause tor Me inspecdon• ` �• ' �''
<br /> � �°= ' � ' '��'�' /0. Condemnaflon.The araceads af eny award or claim for demages.dicect or eonsequenttal,n connectmn wdh any `
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<br /> �. . : cortQamnatton ar other fat�ng of anY PaR of the Propeny. ar far conveyanee b Geu ot candemna8on.ace he�ebY ass�ad and i '?�r
<br /> �j • Sh811 be peLd TO l6ridel. r � ,
<br /> .�;>�' In the evertt of a total tak't�9 of the PropeRy. th9 Groceeds shaD be SpPfied to the sums seqned bY this �
<br /> it►whiCh �a �
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<br /> - ,:, . •,. msUUmen�weether or not then Qua.w+Ah any�ccess paid W Bortouver. in the event of a paRtal ffikt�8 ot d►e Proporty : `✓'..�: :.
<br /> ` . the falr maricet vaiue W the PropeRy immeQatery beiore the mktng ts e1Wa1 to or greamr than the amount oi the sums s�ured �- °:;..
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<br /> ,, r�` � " ,� oY this Secu�d7! tnsuument immediamH �e[ore the takd�8. un�ss Bortawer and L�d� otherwise aS+�e in wr�ing,the svms �-_:�:!N.r;:;y
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<br /> '•.�`'.;,.• .. ' ' secured by thts 3ecurTyy Insbument shaU be reduced b9 the amount of the proeeeds mult�Ge6 tiY the foDOwa�9 6acticn: (a)the '•�'° . ,:^:,,
<br /> '���•;.�'�• • tot81 BmouM of tRe sums seeured 6rmmdiatety before the tak6ig,diviQed by(b)th9 fab m8tket ve4ie of ffie Property fm�►edFdteh ; "'
<br /> "`: . befora Ne taking.My balanc�shaU be paid to Bortowe�.In the eYent af a pacttal tekfig of the Properiy tn which the tav macic9t i�. :.';�:'>:.
<br /> ";a�;�:: : .. , !•r.`;f '- vadte o!tRe Praperry fmmedtateN trefore Me takaig is less than ih9 amouM of tA9 Sums seWred hmnadlaDety betore the idk�g. _ f_�� . :_�-_
<br /> '.a.:'� ' ' unfess Bortow� end Lertder othe�wl5e a�e9 �n wrding or untess eAP6eable taw otAarwise P�aviQes. tAe ptoeeed� sha0 �9 , �",:: =
<br /> ' i; :'.( - - r-
<br /> :.i ~ ., gppQed to the sums secured by this S6cu�yt tnstrument whethes or noi Me sums a�then due.
<br /> `''"�'�� U the Property Is ahandoned by Borrower.or il,after notice Dy Lender to Borrower that the eandamnor ofters to make e� . :;�•�
<br /> _ �`...
<br /> award or setde a cgim for damages. Bortowm fa� to raspond to Lendsr wtho� 30 days after t�e dffie tha notice is gi�ren. '-"-�
<br /> �'�� :�� � ' � - tender is aiMOra&d to co0ec!and epDh�e p����� opBan.eiU�er to cestaration or repad of the ProDertll or w tAs .
<br /> '"�t'f.:� ' � sums secured by thts SecudH mshument whether or not then due.
<br /> .4�;�';.:. , � lfi�ss lender and Borrowar aMervvisa agea m writmg, anY eDDr�aUon of proceeds to prNci�al shaA not eodertd or � . "..
<br /> - :., r .� pastpone the due date o!t�e monthy Paym�ts refeRed to In Rare�apAS 1 end 2 or chat►ge the amount af such Oayments. ,.:� �, f. :,:��
<br /> � � � � ,, ��, Berrower Not Reteased;Forbearance By Lender �tot a Waiver.E�ttSifln ot Ne Ume fot payment or
<br /> , . : ; modfficatton of amoRiraBon of the sums 6ecured by this Sscurt�Y Instrument grar+ted by Lm�d�t0 anY suo�ssor b int�rest at ,_ ,
<br /> ,.,��. ..:; . . .. :� Borravre�sheD rtat opm�ato to release the faD�'ity of the arig�at Borrower ot Borrowers successars b interest tsnder stiaU not �. r-;
<br /> ..,�;r;-� . • . ' be requtreed to eommenee proceedings a8amst eny saccessor h tnte�est or �efuse to mRend Ume far payment or otrtenulse .
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<br /> ' mod'dy amaRi�atlon of the sums secured by tnis Security Inswment by reason of any dernand made by the arfg'aial Borrower or
<br /> . ��,�'!� � � 8orrowe�'s sucees5ors in interest My for0earartce by Lender b erzercising enY rtgh� or reR►edY s►�al!rtot be a wa3ver ot or ,
<br /> ..�fz � preciude th9 mmrClse of enY right or remedY• �. �;.
<br /> -',_;`�,. . � ..
<br /> .,s-�;:. . _ 12. Successors and Ass3gns Baund; JoiM and Several UabUity; Co-signera nte earenan�s and _ �� .
<br /> =,�,a:,; • s�y��p}���rity Insovment snall bmd and benet�trte sueeessars and assigns af Lender end Bortower,suCjeet to the
<br /> ��•��Y�-: „ ' provtsWns ot RaragrapA 4�. Barrawefs eovenants end agreaments shafl be jomt and severaL My Borrower who co-si�s this
<br /> • Seeurity 1nsUument Out does not execute the Note: (a)�s eo-s��g tt�s Seeurity I�sWrTrent onty to mortgags.�ant ertd eomrey
<br /> k.`°`�•" ' � thal Bortowers miarest 's�the Pro00RY under the terms of this Seeurdy insVUmen� (b) is rtat persanaiiy obllgated to paY the ,.
<br /> ��';;' � ' , _ sums seeured by tnts 5ecurity InstrumenX and (o)egrees that Lender ertd arry olker Borrower may agrea to e�RersO.madity, : . + •! .
<br /> ��: ;`. � ' • Po�trear or make eny accammodatlans with rogard to the tert+�s ol tAis Secur�ty Instrument or tne Note wRf�out thae Bartowets .
<br /> ,. �: . .
<br /> - consent.
<br /> E°>i.:. � � ..
<br /> �• , • .�.. �� � 13. Loan Chargea e cne �oan seeu�ea by m�s secu►rty �nstrument is subj�t to e law wAlcl+ sets nwxi�num ioan ..
<br /> `�;��,' • � eharges, and that !aw is firtaliy nt9rpteted so that the ntere5t or oCner Ioan C�efges COReCted or to De eol;eeted h eonrtaetion ''..'
<br /> � $`,-• . . wan ene toan exceed Me permated i�nrts.then: (a)any Suelf �oan chErge shell be reCuced by the 8mount necessary to reduee
<br /> •�: ;� ' , thA ehar�ge to tfie pertnitted �i� end(b) eny sums atready c0t�ttad trom 8ortower whieh exeeeded Oermitted limit9 wN be
<br /> ;;, :> . � retunded to Bonowei. Lendar may choose to maJce tn�s retund by reducin9 the p��ne�pal owed urtder Me Note or Dy making a -
<br /> - , dreet payment to BoROwe►. U a refund reduces printipal. the reduction +a�ll De treated as e part�a! prepayment witAOUt any .
<br /> '�,r,,, '� � prepayment charge unCer t�e Note• �
<br /> y}.,� � � � 14. NOUCEB.MY notice to Bontlwe►provided k► m this Securiry instrumertt Sha11 Oe given Cy delaer�rtg d or Oy mailing R �
<br /> ��.; ;';' � by f'vst Class a+a��uotass appt�able ta'N requires use of another method. T►+e not�Ce Shail Ce duected fo th9 Property address
<br /> j - or any ot�Ar 9dQ�855 Bovouver desgnates Oy �Ot�CB tC l8rtder. My notite to londe► shad be gNen by fJSt C41.49 m.1�� t0 � •
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<br /> ' LendArs address stated hgrgm or anY ot�er address LenCer Qesgnates by �otwo to B�nower. Any not�co prov�detl }o� m tt+s
<br /> ' � SecurRy �nSVUmpnt shall�a deemed to nave Gea� gMen to Bortower o�Le�der wnen gven es p�ov�Ced n tms psragraph. :
<br /> �� .•�'^- ' 15. Governing t.a�r�; SeverBbility. T►+�s Secarrty mstrt�ment sna�l be gOvemed by toderel lar� and tne raw ot tne � •. .
<br /> 4: . � I
<br /> __ _ � yuns��Ctson �n wh�C� tR0 P�OQerty +s �ocated. �� t�A e�ent that any O�OV�s�on or clause o�th� S9CUrdy I�strumenf o� tno Note i.. , _
<br /> ConfiiCts wdh eppixppl9 L3+v. 5uth CO�fli�{ 5hd11 not dHeCt otner provis�orts of tRis $gtWRy instrtiment o�the Note wbiCn Can bH Z'
<br /> ; , , , • � j gtven 91t6Ct•NR�nut the CO����Ctatg OrorS;on. Tp th5 End ttte prav�s�o�S o�tn�s SecurM ��SdUment and tho Note aro deClared to I
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<br /> _, '. 16. Borrower�S CaPy Bor�olver Sha'1 be g ven �rtg CO��Om'4d coDY o�tR8 NOt9 Ond o�t�5 SeCur:ty in;trume�t :.
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