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<br /> 7.�rotaeU�a�of Londer's Righta In the Property. �� eorro►ror rnus co poAorm the covennnta and oore�meneo �, �
<br /> �� au�italn�iC �i ttskt E..^wurity irtstrum°r+t, or th�rA is ta 4;gnl proCOUdinB th8t meY eiOMfb&n1N nNOCt LenderB tighte N tho Ptoporty{�uCD nt1
<br /> a procc�dNp tn bnn�ruptoy,probnto,for conds',mnstbn or IoRc�ituro ot to onfotco Iaws or rugutatlona),then Lcndcr mny do+u�d N8y Cor � ., . .
<br /> whAtover Is necosanry to proteot tho vaWe of!he Property and Wnde�s righto In the Proporty. Landcara aationa mny Inoludo paying 1 F,
<br /> nny aumo ancurod by n uon v�hbh Aas prlarity ovm thls SQOUriry Instrumont,appoarinp in aourt,pay�ng reasonnbb attomoy's teo�und .
<br /> entoring on tho Ptaporty to make�epatre. Althoudh lsnder may tfsko actlon under this psimaruph 7.Lenda dous not huvo to do eo. � �,�r';;�
<br /> My pmounle disbursod by Lendcr undor thls paragrnph 7 ahnll b000me uddlUonot debt o! BoROwet aeaurod by fh19 Sticurlty a���
<br /> lnotrumen� Unleso Borrowor and Lendor egreo to othor tortna ot paymont, thoso amounts ahnll baor Intaro�t hom tho dato ol r.y ,
<br /> di�buroemcnt at tho Noto mtc�and shnll bo pnyabte,with intarost,upon notBe Rom Londar to Borco�raz requostlnp peymont.
<br /> ' 8. R}lortgage insurance. tt Lendr�r requYed mortQego insurttnco ns a condRlon of maktnQ the ban scaured by this S„^aurlty __
<br /> tnstrum8nt,Bortower shail pay the premiums requYed to maintain the mortpage insurance In eHeot. if,for any reason, lho mortOnge '-"`
<br /> =��-:�-�� insuranco cw4reQo reA�irad by Lender lapt;ea or ocases to bo in effeot, Borrower ohall pay the premtums roqulmd to oEtnin covera6e �: ,�•
<br /> � � „�n� subatnnttally equMa{ant to tha mortplga hsumnce prevlousty in ofteot,at a oost 8ubstantlply equivabnt to the oost to 8orto�ver of the ��.:
<br /> mortpago Inaurence provtouscy in oNeat�hom are e4u^ato mortpaga Nsurer approvod by Lsnder. If substantisty oqulvatent mortgage ;�'
<br /> ' Inaumnao o�verege Is not avalkfbte, Borrower shaU pay to Londer esoh month a sum equet to ane�twoifth ot tho ye�rly moApnSe t.�-��•_
<br /> insuranae pr�mlum bafng pald by Bonower when tha insumnco aoverago tapsed or cvased to be tn etfect. Londer wLi accoyt, uso und �;,
<br /> retriin these payrrtonts as a losa roserve in Ueu of mortgage Insuranco. loss reserve PaYments may no longar bo requYe�,at tho �_
<br /> ' � option ot Lender, if mortgaflo Inaurance covarapo lh the amount and Por the period that I.ender rcmquiros) providod by an hsNror ,l'�;-_-
<br /> � approvad by Lender ag�ln beaomos avaitabls snd tA oatalned. 9oROwer sheli pay the premWms requlred to maUtah mort�ege ,'__
<br /> Y�surence b efleat, or ta provlde a Ioss raserve,untl!tP►o roquirement for mortgaga fnaurance and� N aCaordBnce with uny rrtittan '.,.s
<br /> a adreement between Bottowar and Wnder or npplbabie tnw. :'�m
<br /> ' i 9. Ins�a2cUon. Lender or fts apont may make rF,asonabie entrlea upon and lnspaotlons of the Proparty. Wnder�haG glvo __
<br /> bn speoitying reasonntile cauae for the inapeatfon. ■=
<br /> ' ti. Bortow�r no8ke at!he time ot or prtor to an inspeo� :,`
<br /> 10.C�Rd0f11tDat10o. 5'he procoeds of eny awEUd ar cLim kr dama3es, dlreot or aonsequential, in conneotion wah an� �
<br /> � � aondemnatbn or othe►taking ot any paA ot the Proparty,ar br aonveyance In Iteu ot condemnatEon,are hereby assigned and shall 6e �..
<br /> ., pt�fd to LAntfer.
<br /> In the event ot a totul WkinB ot tha Proparry,the proceeds shell bo appAed to the sums secured by this Securtty InsW�nenl, �..
<br />' � �o whether ar not then due,with any excoas pa�d to Bortower. in the ovBnt of&p8rtfa�takln9 ot tho PropoRy in whbh th0(81r m�rket
<br /> „''� valuo of the PropoAy fmmodiatey botor�n 4ha tahin8 ts oqunl to or groater than the amount ot tho aums secursd by this Seuuriry �_
<br /> " InsDUment 6rmedlatery bofore the tukh8, unbss BoROwer and Lender othanvise agree in writin@,tho sums seaumd by this Sscurlry
<br /> Insuument sheu ba redueed by the amount of the proceeda muttiplled by the toitowing freotton: (a)the tatal emount af the sums =
<br /> secumd Ynrttedistery bofore tho mktn8,dlvtded by(bD the fatr maAcet vaNe ot tho Property �mmedlatety betore tho takirtg•MY bslanoe -
<br /> ahall be paFd to Bortower. In the evant at a paAtlt tukhy of the PropeAy in whbh tho faU ma�kot value of tho Proparty Irr►meQiuteM
<br /> J ' botore tiie takiig Is lase th[m I�� bw otherwSe prodides,the peoaeed8 shalre bee p led to the eumswsea red by'dtht3 8ecu+�l�e
<br /> ,• �� - '.. 8sree M wRtYip or unless ePP
<br /> : .i`'�-� � tnSttum60t wheinor ui�iui itiS dits�Et8!!!8!!Q��a. �-_-
<br /> r,.` , If the PropoAy fs abandoned by BoROwar. or R,ufler not�e by Lender to 8ortower that the aonda�rmor attors to meka en ewer�3 W _
<br />:, _ _ ,,;. , setlla e cinim lor damagos�Bortower islls ta respond b Lendar wfthN 30 days aftar the date tho notbe Is gNen,Lender is authori�d
<br />- - ���" "`'��� ro coUeot and appry th�proceods,at 4s oRtbn,ekher to rostoratton or repak of the Property or to the sums aecured by th[s Seeurlp
<br /> �6���"'ti'' �r InsUumsnt, whether or not thsn dua
<br />�:'-`�}I��$�t��.
<br /> Unkss Lender and 8onower othonvlse agiee In wrkin9�+�Y epplicadon of prooeeds to prinopal 3natt not exlond or postpona the
<br /> -�• _�� ';' due date of tAe monthy payments referred to 1n peraDraPh$ �8nd 2 or chenge tha amount of suoh payments.
<br /> -=��r��?a�i:'��t t1.Borrower t�ot Released: Forbeer�e�s� BY Lender Not a Walver. �ccension or eno ��nD for payment a
<br /> ��'' �' moEiticatbn of amOrtiratbn ot the sums secured by this Security InsWment granted by Londer to any succeasor�ri interest ot 9oRawr
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<br /> �.�:._:t_::��',i
<br /> -,r��-: shatl not operete to reteaso the IiabUi�r ot the or�ha�Borto►ver or OoROwers successors in Intorest. lender sha11 not be requtti to
<br /> },` '�°' � oomma�nco proceedings nqnlnst any auccpsaor in htoreat or retuse to eztond time for ptiyment ar othenvlse modHy umoRimtFon O?1he
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<br /> """'�"����� sums aecured by tAts Security InsWment by teflsoo ot eny domend mqdo by tho orighai 8orrawer or 8onowers euccoseprs h
<br /> �-- htereat. My torbea►ar►ce by Lender h e�ceraisinp anY rlpht ar remody shall not bo fl waNer ot or prooludo the exeroise of any r�Ht a
<br />�":.�'�°�� re,nedy, .
<br />-'����� ti2 Suaeeasora nnd Asafgn4 Bound; olnt end Severet Lteb11 ; Co-sl�nera Tt+e covenentc o�e
<br /> �lC.'r.;�T�iAR`7�7 J
<br /> �`�"•�� narepmonts ot this 3ecurUy �nsWmjrA atMA bbd end bene8s tho suacessors and aoslgna of Lender and Borcower,subject to U�e
<br /> �:*,• .,.,
<br /> '-' , ->'�` prorisions ot parayr8ph 77. Borrowors aovenonts and apreemsnts shall be jolnt snd several. Any fsorrowor who co•sipna lt�b S��adY
<br />��._,l..:•;l�w t
<br />=_=°�4':•�=r. inswment but doos not exocuto tho Note: (e) ts aasignhg this 3eauriry Instrument ony to matpape� 8►snt, and convmq the
<br />�,����;:��� 8ortowafct IntCro°,t!n the Property under tho tarms of thls Socurity lnstrument;(b)Is not poreonaly obOgatod to pay th0 eums seaured �
<br /> ....,_i�.t__
<br /> by this SecurdY �natrument; and (e)aBrees that L.c3nder and eny other 8orco�ver may a.qres to extend, modtty,lorbear or maka any
<br /> -���'�� accommodatbns wkh�epard to terms ot thb Securlty Insuumsnt or tho Note wN�out thnt Bortow a consen
<br />`"��`?"�"`�;�� 13.Loan Charg�s. il the ban ctaourod by this Securily inswment is subjeat to a law whbh sets me�dmum kan oherph.
<br /> -::��{;;-r:g:�i
<br /> T T,� ;�Q t�.�e,yw�n iru�y Nt�preted eo that Ne (nterest or othur losn ohnryes coibcled ot to be oolleotod h eonneatton wtth Ih� —
<br /> ^ �tho pormittea wnit9,ther►; (s)enY such bar+citi&rpa:. s:�it bo roduc�0 by i►�o amaunt ncc�:�Y t+�f�+�tssc cR�!o Ura
<br />��' ���/�..G permilto0 UmiG and(b)eny sums alrsady coik�ote0 trom Bortowet whlCh exeesded parmttted IimEta wfU be retunded to Oorrower. Lendor
<br />_•;;.,« .�,
<br />�sx����:,.tinjt`';;:"':' . may anooso to mako this retuod by reduohg Ihe prinoipa►ovred unde�the Note or by m3kinA a dirent paYment to Borrowor. Ga
<br /> -s;-:�.';;��i:;"�'J� rin 1 tho roduotton wlll be treatod na n pariial propn�mont w(thout eny propaymm�t aher8o under the Notv.
<br /> (., rotund reduces p alps,
<br /> -r :4SEi'"
<br />=';'.; �4. NOUC@S. My not�e to BoROwer provtdod tor h this 5eourlh��nstrumm►t shnll bo BNan by de:�rerinp k or by ma�'�O Y _
<br /> '�`� ` ticable Iaw requlro� use ot another method. Tho nottce shnll be dtsotod to Me Propcx3y Addresa or ony
<br />- � ttrst ct�s3 ma0 uniess Mp ----
<br /> . , i, other addross Borcowor dosl�nntos by notieo to t�ndnr, My notbe to Lendor aP+aH bo gMen by tkst ciaas rtuiU 4o Londefe aadres� __ _
<br /> Seourtiy Ina�umont ehap
<br /> = „ �.•���H�' �" ateted heriah or ony othcu sddresa lendor danynmtos by notice to�nKOwor. My noUce providod Por In this ---�
<br /> `'�t't � bp dt�.mcn1 to heve beon gNgn te Bonawor or Lcn�er when gNen fls�Orovidsd 1n th13 ptuaSiaPh.
<br />_ .u;,�''t ' —
<br /> ?�vs:. � 16. iioverni�g Law;See►erability. m�s securny ��snuma�t eholl b0 9ovemed by �eoera �aw and u+e �� �+�o �-
<br /> ^���� '., �; jurlsdictbn h wAich the QroptMY Is locatod. In 1R�wer�t that any provfslon or ctnuso of this Secufiy Instrument or tho ti�ta�mx�Plcta _,
<br /> A MY
<br /> -, _ ,,.-,;r....::� v�qt► opplicabio t�tiy. such contifct ohaii not aN�t a'ihnr provistons ot this Socunl�7 Instrument a tho Notu wA�h CIIn be 8ken e� -
<br /> �'� wflhout tho Conflbt(np provbton. 7o th[3 ond tho provisions of this Sccurity Instrument and tho Not�aro doo�ared to b0 sevcrabto. _
<br /> • . .. -- --•_n.."... �,,,.......a.�n�e�a�ron ono eontortnHd CoDY of tho Noto and of thls Socurity Instrumtn4 - __
<br /> _. -__.-_-_ - io. o�n.vo"o ....r-�• -�.
<br /> _ , �. • 1T. Trenefer o4 tho Pro�a+�y or e Benotialal Intereai tn Borrower. �t nq tir 11nY P� Ot 4rio f'ro¢et► or�7� e=.;
<br /> = Ntorest h k 13 80Id Ot bQ1�OtC�rod(a< <►n Dcnu�C����st h Bortower ts sold or unnstertad nnd 8omower 13 no!a natura�pe►son) -
<br />_ wMout WndDr vrovar.th�tton nha0 not b�caerolsod y LandQr{H uoxmel o Is prohbfiee0 bYMtOd�t411�w Et0 Of the duto O} tllb Sc�curit�►
<br /> InsUumaeL
<br /> --�-__ = inauumer�i. -
<br />- �f Wndet cucaroL,os tht3 optbn,LonGor uholt g►m 8ortowo�notfco ot uccokauUon. Sho noti�o ah[ttt prov�oo o periav ui�n+i�
<br /> thnn 30 days hom the dttto tAu notico !3 doWerod or mNl�d v�kAln ahieA tho Borrowor muct puy eD cums socurod by thb S�3am'3y
<br /> Inatrumunt. If 8ortower fails to pny tho�o aums prior to thv oxpYntion ot thl�pcttod.LondQr may Invoktl any rOmodlOS PortnktOd by Ihis _
<br /> - Socurl� InaWmont wllDout fuAhsr notico or dem2rtd on Bortower. �=a�m aoa�olflo �-
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<br /> - . F�0?Ol�A0l�1o4)) Pape 9 ot 6
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