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<br /> �- • wl►st�nti�lly aquivalcat nx�ttQs�e inwt�nre m�er�go ia ncN Av�ilwble.BotriiW�r�11p� tn� each month p cum oqt+�l lo
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<br /> � cmrtaroltth af tha ye��ly marl�e i�uu�rao promium being p�id by Horbwar y�hen�ha��q�9QVera�e lapceci ar aacad�a
<br /> bo in effect.l.en�kr wlll accxpl.use aad retain U�csap�ymeotc Ac p luar I�orvRln 1�► of mv�+�o insu�anoe. l,n�+ �scrvo �
<br /> --_ - �yme�w:a�y oo bn�a ho taquined,u the aptian oi Ircnde�,if mort��o lncurnnca cavct�a(b tlse amoum and far tha pc�lod —_...
<br /> Uw L�der roquirc�)providod by an insuror appmved by Lender�gain bocomes avAifwMe w�i is obui�e�.8�n�owr��alwii ps+y -- .
<br /> - tho poca�iums tequirrd to mainUin monas�c inwrwxo in eRec�,ar to pruvide a loss reservo.until�he requirariera for martQaQo ----
<br /> '� inwnuioe ends in aceo�dance wilh any wrinen sgroemrnt bdwocn Barrower wtd l.eider or applicable law.
<br /> .'.•f � 9.Iropecfloa. I.ender ar it�Agcnt may makc rcas�it�blo emries upon und Inspoctions uf tfie Properly. Lendet�h�ll pivc c-
<br /> li_ —_'
<br /> _ �: ��- B�onr+w�rr n�xlne at�be Ume af or prbr�p m in�pcetion speciWinjt rcawnable cause far the inspection. `_
<br /> ::._ —
<br /> _���� 10. CandannRtioo. Tha proca�di oi a�y award or claim fnr dwrtwga, dircc� or rnnsequcnnul, in rnn�ecuan wi�h any
<br /> ;,r - �'I -- condemnwtian ar ather ukinp of any pare of tt�e Property.or for oonvoyuNx io Nw uf amdemna�ic►n.ere hereby w:signal wui �=-
<br /> � shdl bo pRid to I.ender. ---
<br /> ., , ;,, In the ovent oP a lotal�aking af tho Prapetty,tho praceede shall bo�ppliod to the sums sacurcd by this Secu�ity Instn�ment,
<br /> -�. whether or nat�hen due, with any oxaess paid ta Borrower. In tha evem of u puniul Iaking of thc Pmpeny in which �hc fair �
<br />�����_,_� muket value af the PropeMy immodfatcly 6cfom the laking is equal ta or grcuter than the amount oP�he sums secu�l by this —
<br /> -=.��� ;,; ,w Sacu�ity Insttument immodiate)y txfore the wkiog.unlcss Barrower and l.cndcr alherwi�e agroc in wriling.�he sums isecurod by :_
<br /> ���`!�.___._+:�,;:��x,�.�. this Savrity Insmiment sholl be rodueed by the amount of tl�e proceods muUiplied by tik follawing frnctian: (a) the �owl �.�=
<br /> .�� amoum of the sums setured immediately bcfo�thc laking. dEviJeil by (b)the fair market vulue of thc Property immediwcly
<br /> w��.`'""°��''"�`� befone Ihe t�lcing. A�y balw�e shall be paid to Borrower. In the event af A Ewrtial wkiog of the Property in which the fair 'y-
<br /> --�S;' , ' ,c; ' ��'��:
<br /> _ -= s,�,Y4'iu-�.�:` rtnrket value of the Property imn�ediauly before�he taking is less�han the amount af�he sums secured immediat�ely before the �-
<br /> r;� . .�,�.„�:�: .q.i:" talcing.unless Borrower and Lender atherwlse agrce in wnting or anless applicuble law otherwlse provides.tlie pra.�eeds sl�ll .
<br /> , � bc�ppliod w the sums sxur�bar lhis Securiry lastrumem whe�her or not ihe sums are then duc.
<br /> �^�> �i„ J°. ''� ., If the Prape�y is��i by Born►wer,or ii after ndiee by Leuder ta Bornower tiwt the eadcm�nor ofl'ers to make an .
<br /> " " + a . `.•.. • AwaM or settle a cl�im for damages.Borrower fails to respond to I.ender withi� 30 days after the due�he ndice is given. :
<br /> >_. � �' I�ndzr is authorizod to collect and apply the proeeeds.at its opion,eilher b restaation or�epair of tl�Property or w the sums
<br /> epa �
<br /> - -- _- �;��_:,,;.�. s.k-�rc,d by th�.:�rity Insuu�.�i.Khc.tl�.r ar rwt ihcs:due.
<br /> C r:'." Unless I.eroder and Borrower aherwise agree in writing. Any sipplicatian of proceais ta prin�ipnl stwll not extend or
<br /> �� ....Y4 i i\1t.
<br /> �..a�c���"''�'+,��''���: the due date of the monthly ments neferrcd to i�p�agr�Phs I ond 2 or change the omouM of snuch ments.
<br /> _:, �':;•_: P�P� P�Y P�+Y
<br /> . - •� 11,Barrow•er tiut Released;Forbe�rance BY l.eader Not a WWver.Eatension of che time for paynxnt ar moditrution _
<br /> . � ;�r,''.4.,. '�'�.��.� � of am«rtization of the sums secured by this Securiry Instrumed granted by Lender to any cuccessar in imeerst of�,crower shuU
<br /> �'�..'_
<br />'` , `:�s< :• � not operate to rrlease the liabaii[y of�he original Bornnwer or 8ortuwer's successors in iaeberest. l.ender shall nrt�+e r�.quired to �
<br /> �:�� ;, ��-d „-�-�� ., commence proceadings egsunst cu�y waessor in interest or refu�e to extend time for paymeent or otherwiso moJiu} an���nization �;�.:.
<br /> �� �'`�� " �: •'• af the sums secure� b this Securit Ins�mment b r+eason oP en demand mode b the orig�nu[ 43nrrower or Barrower's
<br />�.1';�. .'. ''n?r. Y��..,., • y Y Y Y Y �,:
<br /> : ,- -�,�':�'a � successorx in inte�st. Any fa�wrana by I.ender in exercising any dght ur remedy shall nat 6v a ti�•uwer of or preclude the
<br /> '��"s�<"` ; ••^. exencise af an ri 9a¢ur remed -,
<br /> ;v :., � �'+��"• � Y � S�
<br />_=.-:. M' ���;,,x 12. Saccessnrs�nd A.�.�s Ba�r�d;Joiat �d Several Llabllity; Co-slgaers. 7{t:e cavenunts Ard agrcements of this ~
<br />=_ti;. �`�F; � Secuqi�} Insttument ehall bin�E un.i benefit the successors and asafgns of Lender anr� �rrower, subject to the provisions of
<br />_�_ -'- ;,i�du.r;'n;°�'�°;;. Ewragreph 17. Baar�ower'a cavenxn�s and agreemeats shall be joint an�i several. Any Borrower who co-signs this Security �-
<br />- ^'" ?���+�t���;t Instrument but dvec nck executc Nhe Noce:(a) is co-signing this Security 9nstrument only to mortgage, grant end roovey thm ���
<br /> �. •,:��'� .
<br /> ,. i Borr�wer's interrst 3n the Prnperry ander the terms of this Security Instrument:(b)i�not personally abligated to pay the sums
<br /> � '. ��"'`�;�j'• secureQ by this Securiry lnstrumeni;and(c)agrees that l.ender and any o�her Borrower may agree to estend.mudify,forbeu or ��
<br /> • ,.� f�;��, �anp accommodalions wlah reeard to the terms of this Secur�ty Instrument a�the Note witlwu[that Dorrowet's consent. �;
<br /> �� r..,.�
<br /> • ,�. �;� �t�; 93. d.aa�n Ci�rges. If the 1 uan secured by this Secu�ie f l�strument is sub}ect to a law which sets ma7cimum loan charges, e;
<br /> v' - '��:C���','•j'�•,; —
<br /> _'- - ;_._-.��,•,..,,,.,, atul 2S�at �aw js finally interpr�etec9 :r ihut�he interest or ut�icr loun clwrge�callect<xl ur Iu Ge coU..ctcd in connccNon u•ith thc d, .
<br />_ � �� � „ , loan exceed�t�Fern�.iued limits, tlKn:(a)ena :uch lann chArRe slwU be reduced by the amount necessary to reduce the charge
<br /> :�� � .:;'•, .. to the peranlltTCl l��mez:and(b)un��.ums alrendy collected fram Borrower which exceeded permitted limits will be refunded to �=`
<br /> ' " Borrbwer. I:ender niuy chaose ta mnke this refund by reciucing Ihe principul owed under ihe Note or by mnking a direct "
<br />�.�. � -� -� :.:',�„ paprnent to��3orro�ver. If a rofund reduces principul. the recluciion u�ill be treAted as u partiul prepayment wi�hout any ��•�`'
<br /> - :r�++r��:�� " prepay ment eharge under the Notc. -
<br /> ��=�� � .i Qd. Nntiees.Any iwtice to H��nower providod fur ln thi:Security instrument tihall be given by delivering it or by mailir.g -.
<br /> `�� � ' it by first class rnuil unlesti appli�Abie law requirrs uxe of anather meth�xl. The notice shnll be directed to the Propeny Address
<br /> � ..�f�Y�• �..4a�_.: .
<br /> ��i. � �:x�;� o�a»y nther address Borrower drsignates by notice to I.xnder. Any rwtice to lxnder siwll be given by first cluss mail to
<br /> rw '- ' �:.0= ' Lender's addr:ss:;.at:,d�c��iu u� any other ucidress l.ender desisnates by notice to Borrower. Any notice provided for in this
<br /> ' -.+��"'.�1,;••� Security Instrument shall be deercic�to have been given w Qorrower or L.ender when given ns provided in this p�ragraph. �7
<br />�:�' '; "•,:y�" '•'r;'�'nf''� f5.Governing Law; Se�•eXSVbfllty. This Sccurity Ir�sa�u.rnent sh�ll bc gavcrned by federul law ond the Iaw of the "�,
<br /> f 1 .� �Y'�•. .t;:pT`4�
<br /> ¢{-�1tY•;�',. -. jurisd��tion in which the Propert� ic locuted. In the event tt�at�ny ptavision or cluuse ol Ihis Securily Inslniment ar the Note
<br /> ' :::a. t,;�� '�.
<br /> - �,.M �b.�;�.`�:•��; conflicts with applicable law,aueh mnllict shall nut affect oz�her pm��isions of thiti Seeurity lmtrument or the Nde which can be
<br /> ��'�.oti,,,•�,4:;�i; "' given effect without the confliCting provision. To this erui the provisinns of ihjs Security Instn,ment und the Note w�c doclured i__
<br />,,. • ,Y(�1' �N:*:a :. to be�evernblr. �-
<br /> `•�'' ' ,° �M. 'i',. 16.Aorrower's Copy.Burrower shull be given ooe r��nf��mied�opy of ihe Note uncl of thix Security Instrument. —`
<br /> •�`'��� "" �'���u��• , l7.Trar►9Per of the Pro rap•or a Beneficlol Intere�t i�Borrower. If aU or�n an uf thc Pr n or un intcrest in it �'`
<br />-:�i,tt �?.;�; �';�:, {k Y P' � Y Y
<br /> ,. ��•„ ����` f��•;;a•r is s�flG vr tmn�ferred(or if u bcrrcticial interest in Borrower is,old or�rAn�ferred urd Borrower is not a nawr.d person)without
<br /> '�'^t �; ���yf `": . Lxnder's prior written rnnsent, l.ender may, at its ��ption, reyuirc ih�mecllale pnyment in full uf�II sums secured by thia �1�f�
<br />'..v..l� •'�!f' . 5.1•'','
<br /> �;� �> � , R,; tp,,..�,' Security Instnsment. Plowever,this option+hnll not he excrcixd by Lendcr ii exet��+e i�prohibitcd by federLl luw tu uf the date '�.,
<br /> •° •I, ''� ` � .7{�"',:. ,. af this Sccurity lnstrument. —
<br /> J'.. ��`' , " If l.encler exercisea thix o tian,Lender s�hall �ive&miiwer n�nir�uf iKCelcrutian. The no�ice+hull rovide a riod��f not
<br />_ r�':':•^, P b P P�
<br /> :�. u..;� �`
<br /> <�s .�� I • I�s k�ha�i 30 Jays Prom thc Jate t�hr notice i� dclivcrcd ur nwil��l wi�hin Which Borruwer mu,t pay all sum�+ecured by thir
<br /> - . �.:.��,:,�,4 u ,
<br />':�',`.`u. , �p :• , Secusity Instrument. if Horrowec iail.u� pa}•thr�c+umr prior to the�xpiratiix�of this�xriixl,Lender nwy inv�ike any remedieti ,
<br /> ���, � �.. permined by Ih+�S�ew-uriry In.trument withouc fanhcr notice ur drmand��n B�xrnwer. -
<br /> ` �:; , a '� ` � 18. Borrn���•e�'s Ri hl to Rriasts�lc. 5R' &►rniw•cr mrct. �trtaan .ti•nclili��n+. Hurn��ver sh:iH h:ivc thc ri ht ta havr ,.`•�
<br /> � �Y_: '�
<br />- . '�ti�..; :Irr. . ,.r.� R F
<br /> � "'r;�'",;' enfotcement of t'ha> �urily Imtrumcnt dikununu��l ut uny timc prior t�� :he carlier of: (ul S�ia:•s ,�r.urh other perial a,
<br /> �;�. "��'{f��+ , ,� aP�►8vruble luw may +pecify fi,r reinsiat�mcntl t+ctiirc �ale id'tlx Proaxrt� putsuunt tt� an} p��w�r �,f ,alc runtained in ihi� ---
<br /> {���'.. b�� Sr�uRat� Instrument:or lb)entry ul'ujuJgmem rnli�rrinr�tai!Cecuria} lnsiniment. �'':,n>c r•;�r.diu�nm�rc that Bur�aw�er: (ul puy� ;}s.
<br /> . . 7'7 �:'. :�,?,.. i' .
<br /> r,;�'.� +�����•- • � � Lero.i�::all +,ums which thcn would bcduc unJcr thi.S�rurir.� Qn.�rmmen; :�r,d lhr ti-r�tc a+ �f no uc�eleratiim haJ �xcurn�l: �bl
<br /> �:,�:,r;�,�;,,�.�.... .
<br /> .'`� 4 '+, . , cu�es any defAUEt of any uiher r�wenunts or•rgrecnkm.: �r� pay�•r12 eKpeme� in�urre� i� enfi�rci�� �hi, S�ruri�y In.trunknt,
<br /> ' including, lwa vw1 iimiteJ ta, reu�onublc aunrncy.' Ic�.: und�J) Ial��+ �u.h,,riian i4ti l.crde�r�ay rca.nnahly reyuire t��;�tiure
<br /> � ' ihat the lien�.1�P�i+S�tiurity In+trumcnt, LenJrr'.righ�.in the Pr���rt� �icd l3��rt��wer',oh�i�aci��r tr�a>• �he +um.�ecureJ b}� ,
<br /> __�U��.� �his Securitv Inatrumenl ah•rll �untinuc unrh;mL��J. l'onn rrin,ta:cment b�• &�rde�u.:�•, thi� Securit� Inmtrumenl anJ the '
<br />., --, _ '��=-�-------:- ubli���tion�iccurcd hrrcby sh�ll rcnwin f uUy cffcrti�r a.if��arrcicration lud�krurr�i. Hoaevrr. thi:right �o rrin�ta�c.FwO �
<br /> • � , , not apply in thc wsc��f aculrr�tiun ut�lrr paragreph 17. ; .
<br /> � �' 19. Sale of Nole: Clwrq�e of I.os�a tier�•iccr. Thc N�NC ur a p�m�l imcrc�t iu thc `.�t� �t��,ethcr with thi� Scruri�} � .
<br />`:%1� i. : Instrumemt tna} bc u�ld one or more limr,with�rot prior tx►tire t��&�ra�uzr.A +ale nwr re•u11 in a chang�in!hc rnlily Iknown l ,
<br /> . � as thc'Loan Servicer"1 lhal rollect�rn�mlhl} pa}mcnU duc unJer the '�.Ne anJ thi�Securin In�lrunknt.Ther�alw n�� t+c urk :
<br /> �; or murc rh�nges of the Lo:m Scrvircr unrclat�ti{�a a.•rlr��f�hc I��►tc. If thcrc iti a ch:uige of thc Luun Scrvircr. &�rruwcr N•ill hc
<br /> givcn written notirc af thc chang�in a�Y�.rJancc N ith p�ragr�ph I a ahm c•rnJ applir•rblr!aw.Thc notice��ill.trtr thr narn�anJ
<br />: , . � , �Iress of th�e new l.u•rn Servircr anJ�Ix af.lrr.. to ahrch payment,.hrulJ be m:rle. The MN�ce will alui cant•rin rm �nher •
<br /> '° R ' . infarnntinn rc�urrcxl bp•rpplic•rMc Irw. ,
<br /> ti .:'� � 20. Ilo�ltilnus tiuMtilAixes. &�m►uer tihall nut cvu+�or �xnn�t �hr pr�-.ence. uv;. Ji.p�.ul_ �tar•rgc. .�r nlca+e �d an} �
<br />' � ` +�`' ;''r. Hac�rdnuy St�bst;ukc� un or in the Pn��xn�•. &�rn►HCr .hull nut �u. nur ullux �ns��rk clk t�� do. amthin� utf.ti�mg thc ;
<br /> - �" �.' .'� �.,'y Pn�pehy tlwl i+ in�•iol•rliun��I•rny �n�in►mnrmul Lra. Thc pr�titiding iu,�.r�ucncc,.hall nut appl� w thc rn.r�kr. u.�. �n
<br />�;t ' � � �`: : , ntara c un the hm n af�mall uantil�r�uf H��rd��u.5ah.lanr�� thal are �cnrrall� rcro�niieJ 1�►lk a ro rialc�a m►rntd '
<br /> ' : ,.�r 8 � Y' 4 ' !- F PP P :
<br /> a � " . trsidentinl us�w u to mu�ntciwn�Y ot�hc Pn�pcny. �
<br /> '� J � � ��M. �, ' Fam 3029 9�90 �{
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