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<br /> . ���' 1�1�V`�fs LOAN ID# 5�60010619
<br /> 12.Successors and A�si�is Bound; Jcint and Several Liability; Casigners. Tht covenants a►xl agreements of this Security
<br /> Instrument shail bind and benefit the successors and assigns of Lender and Bortnwer, subject to the provisions of paragraph Il.
<br /> Borrower's covena�ts and agreements shall be joint and severaL Any Borrower who co-signs this Securiry Instrumrnt but does
<br /> not ezecute �he Note: (al is co-signing iliis Security Inspvment oniy ro rnortgage, grant and convey that Borrowcr's interest in
<br /> the Property und�r the terms of ahis Securiry Instrument; (b) is not Fersonally obligated to pay the sums secured by this
<br /> Security Instrument; arxJ (c) agrees that Lender and any othei Borrower may agree tc eztend, modify, forbear or make any �
<br /> accommodatians with regard ro the ternu of this Security Instrumrnt or the Note withoat that Borrower's consent.
<br /> 13.Loan Charges. If the loan secured tiJ chis Se�urity Instrument is subject to a law which sets maximum loan charges, and
<br /> that iaw is tinally interprcted so that the interes! or other loan cfiarges coll�cted. or to be collected in c4nnection with the loan
<br /> excced the permitted limits, then: (a) any such loan charge shall be reduced by ibe amount nec�ssary to reduce the charge to
<br /> the permined limit; and (b) any sums a!read� collected from Barrower which exceeded permitted limits will be refunded to
<br /> Borrower. Lender may chaose to make this refund by reducing the principal owed under the Note or by makittg a direct
<br /> pa�ment to Borrower. If a refund reduces principal, the reduction will be treated as a partial prcpayment withoi�t any
<br /> prepayment charge under the Note.
<br /> 14.Notiees. Any r�otice ro Borrower provided for in this Securiry Instrument shall be given by delivering it or by mailir,b it
<br /> by first ciass mail unless applicable law req�ires use of another method. The notice shall be directed to the Properry Address
<br /> or any othe� address Borrower designates by notice to I,ender. Any notice to I,encler shall be given by first class maii to
<br /> Lender's address stated herein or any otGer address Lender designates by notice to Borrower. Any notice provideci for in this
<br /> Security Inswment shall be deemed to have been given to Borcower or Lencler when given as provided in this paragraph.
<br /> 15.Governdng Law;SeverabiGty. This Seca.riry Instrument shall be governecl by federa! law and thc law of the jurisdiction in
<br /> which the Property is located. In the event that any provision cr claus� of this Sec�riry Instrument or the Note conflicts with
<br /> applicable law, such con�lict shall not affect other provisions of this Securiry Instrument or the Note which can be givEn eifect
<br /> without the contlicting provision. To this Pnd the provisions of this Securiry Ynstruinent and the Note are declared to be
<br /> severable.
<br /> 16.Borrower's Copy. Borcower shall be given one conformed copy of the Note and of this Security Instrument.
<br /> 17.Transfer oi'the Property or a Bene�cial Interest in Iiorrower. If all or any part of the Propeny or any snterest in it is sold
<br /> or transferred (or if a beneficia! interest in Borrower is sold or transferred and Borrower is not a natural per!'on) without
<br /> Lender's prior written consent, Lender may, at its opC:on, require imraediate payt,�e:�t in full of all sums secured by this
<br /> Securiry Inswment. Hawever, this option shall not be exercised by Lender if exercise is prohibited by feder:+l law as of the
<br /> datr, cf this Security Inswment.
<br /> If L,ender exercises this option, L,eridar shall oive Borrower notice of acceleration. The notice shall provid� a perial of not
<br /> less than 30 days from the date the notice is delivered or mailed within which Borrower must pay all sums secur�d by this
<br /> Security Instrument. If Borrower fails to pay these sums prior to the expiration of this period, Lender may invok�- any remedies
<br /> permitted by ttris Security Inswment without further notice or demand on Borrower.
<br /> 18.Aorrower's Right to Reiaswte. If Borrower mee� certain conditions, Borrower shall have the right to have enforcement
<br /> of this Securiry lnstniment discontinued at any time prior ro the earlier of: (a) 5 days (or such other period as applicable law
<br /> may specify for reinstatement) before sale of the Property pursuant to any power of sale contained in this Securiry Instrument;
<br /> or (b) entry of a judgement enforcing this Securiry Instrumenc. Those conditions are that Borrower: (a) pays Lender all sums
<br /> which then would be due under this 3ecurity Inswmeni and the Noie as if no acceleration occurred; (b) cures any default �P'
<br /> any other covenants or agreements; (c) pays aIl expenses incurred in pnforcing this Security Instrument, incli;ding, but not � '
<br /> limited to, reasonable attorneys' fees; and (d) takes such action as Lender may reasonably requirc to assur;; that�the lien nf this
<br /> Securiry Instrumertt, L,cnder's rEghcs in the Property and Borrower's obligation to pay the sums se�uied by this Securiry
<br /> Instrument shall continue unchanged. Upon reinstatement by Borrower, this Security Instrumer.t and the obligations :�cured
<br /> hereby shall remain fully effective as if no acceleration had occurred. However, this right to reinstate shalt not apply in the case
<br /> r�f acceleration under paragraph 17.
<br /> 19.Sale of Note; Change of I.oan Servicer. The Note or a nanial interest in the Nnte (together with this Securi!y
<br /> Inswment) may he sold one or more times without prior notice to Borrower. A sale may �t�nit in a change in the entiry
<br /> � (known as tLe "Loan Servicer") that collects monthly payments due under the Note and this Secariry Instrument. There also
<br /> may be one or more changes of the Loan Servicer unrelated to a �ale of the Note. If there is a change of the I.oan Servicer,
<br /> Borrower will be given written notice of the change in accordance with paragraph '14 above and applicable law. Th� notice will
<br /> state the name and address of the new Loan Servicer and the address to which payments shoald be made. The notice will also
<br /> contain any other information required by applicable law.
<br /> 20.Hazardous Substances. Borrower shall not cause or permit the presence, use, disposal, storage, or release of any
<br /> Hazarclous Substances on or in the Property. Borrower shall not do, nor allow anyone else to do, anything affecting the
<br /> Property that is in violation of any Environmental Law. 'fhe oreceding two sentences shail not apply to the presence, use, or
<br /> storage on the Property of small quantities of Hazardous Substances that are generally recognized to be appropriate to normal
<br /> residen�ial uses and to maintenance of the Property.
<br /> Eorrower shall prompdy give Lcnder written notice of any imestigation, claim, demand, lawsuit or other action by any
<br /> governmental or re�ulatory agency or private pany involving d�e Propeny ar�d any Hazardous Substance or Environmental Law
<br /> of which Borrower has actual knowledge. If Bor;ower learns, or is notified by any governmental or regulatory authority, that
<br /> any removal or other rerr�edistion of any Hazardous Substance aflecting the Property is necessary, Borrower shall promptly take
<br /> all necessary remedial actions in accnrdance with Environmental Law,
<br /> As used in this parzg�aph 20, "Hazardous Substances" are those substances defined as toxic or hazardous substances by
<br /> Environmental Law and the following substances: gasoline, kerosene, other flammable or toxic petroteum products, toxic
<br /> pesticidcs and herbicides, volalile solvents, materials containing asbostes or formaldehyde, and radinactive materials. As useJ in
<br /> this paragraph 20, "Environmental I.aw" means fe�deral iaws and laws o(lhe jurisdiction where the Property is located that relatr
<br /> to hea!th, safery, or environmental protectio��.
<br /> NON-LJNIFORM COVENANT5. Borrower and Lender funher covonant and agree us follows:
<br /> 2�• Kccekradon+ Fuemediea. Lender ahall give noUce to Borrower prlor tn acceleration follosving Borrower's breach of any
<br /> covenant or agreemen: lui this Security Instrummt lbut not prior to accekration undrr paragraph 17 unless appUcabk law providea
<br /> otherwise). The notice shatt specify:(a) the defaull; (b) the actlon required to curre the default; (c) a date,not kss than 30 days
<br /> from the date the nodee f..glven tu Borrower,by whlch the default mnst be cured;nnd (d) that tallure to cure the default on or
<br /> before the date specifled in the noHce may result In accekra@on of the sums secured bp this Securlty Instrument and sale of the
<br /> NF.Cirf4C-July 27,1y9q Paee�af S
<br /> Doc Prep Plut,Ine.
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