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<br /> — ��_� ......� ,���' �.O�f!�a.
<br /> wbu�nti�lly equivalent monQ�e inwrance c:ovora�o ia not rv�ilabla, Barrower�twfl pay�M�endcr c�cit month�cum eqiwl ta
<br /> . one-twclAb of the yauly man��gc inwr�u�ce promium belna paid by 8om�wer wt��ho In�turut�:o a►vcrogo I�psad or ce+u�ai to
<br /> be in efYat. I.aYicr will�ooe�t,u�e md rdain lhese paymenlr o p lou rc�crvc in Neu of mon��e inaunnco. Luas rauva
<br /> p�Yment�may no lan�er beroqu irod,�t tho oplion of Lender�ii moqB�o ituurance mvorrRa(ln the amount rnd for tho period
<br /> ttut Lender royuirca)Nrovidod by an inwrcr rq�praved by Lender ydn baamor Rv�IlRbla�nd fa aMained. 8orrower�h�ll pry
<br /> thc premiums requirod ta mrir�ain mart�o inwnuxo in cffcct,ur w providC�IoRS reRervc. uMil Ihe requinemcnt far maA�a�o
<br /> inwaa�ce ends in rcoordxr�re with pny writtcn�rocmen�bctwaen&�rrowcr wKl Lcnder or ppplkable I�w.
<br /> 9. Innpectbu.l.enckr or i�K ugent may moka rorranablc entrieK up�m�n!in�patinna uf tho Prupctty. l.ander rhdl�Ivo
<br /> _, Borrower notice at tho time of or prlar ta m impoc�ion�pocifyin�rcasarwble cauro for thc in�pactian.
<br /> 10. Condannallon. The prcueed� oF any Aw�d or cl�im fur Jw�gcr.dir�eci c�r cungeyucn�ful, in cannation with iu►y F
<br /> �" condemiwtion or other�akio�of Any pwrt of the Propehy.or far cunvcywt�re in lieu of wndemnatlan,aro hercby�i�ned w�d
<br /> a' rlwll be paid to l.endcr.
<br /> In the event of A tatal taking af the Praperty.the pr�acls shall be applied ta thc sums�secuned by thia Scturlry Instrument,
<br /> - - —° whether or�ot then due. with any excess paid to Barrower. In the event of u pertial wking of tho PropeRy in which the fair
<br /> °- —°'=--:.-� me�ket velue of the Praperty immediately beforc thc taking is equal ta ur greuter thon the arniwnt af the aumK socuted by this
<br />--�-�— �-�••- � - 5ecu�ity Instrumcnt immcdiatcly before the taking.unless&►rrower and f.endcr Mhenviice agrea io w�iting, iho x��ma+�+r�irorl hy �,_
<br /> ��"�"''�� ' this Securily Instrument shall be reduced by the nmount of Ihe procteda multiplied by the following fraction: (n) the totnl
<br />._---����i�ni�.n�_;,±7�, —
<br /> _--- amount of the sums secured immediately befbre the tuking, divided by(b)ttie fnir market vduc of the Properry immediately
<br /> :'���� before the taking. Any balance shail be pnid to Bvrrowcr. In the event ai'a partial taking af tix Pmperty in which the fair
<br /> .,���::�i �
<br />•� ;� ,,; r����+� mazket value of Ihe Propeny imrt�ediately beforc the tuking is less thun the wnount of the surnc secured immodiately before the
<br /> "��i':'� taking. unless Borruwer an�Lender atherwise agree ln wrlting a�unless applicuble law othenvi�e pmvides, tl�prooe0ds sFwll
<br /> - be applied to the suma secured 6y this Security Instrument whelher�r nat the sums are then due. _
<br /> -~=�^ If the Properry is aba�doned by Barmwer.or if.after notice by I.ender to Bartawer that Ihe mndemnor offcrs ta n�;e an —
<br />__;"`" i't�';°M1h award ar settle.a claim for damages, Borrower fails to respond to L.eader within 3Q days aAer the date the ndice is given, --
<br /> ' � �v''•t��'" L.ender is authorized ro collect and apply�he proceods.at its optian.either to r�estoration or repair af the Property ar to the sums =-
<br /> ' ;F;r•:3� �
<br /> -• �rf:}�j.�', secured by this Secudty instrumeot.whethar or not then due. ----
<br />. ..+;?;:��'..,, :..,�,:'j,.+;:�t�k�� ' Unless Lendcr and Borrower athenvise agrce in writing• enY aPPlication of prcxeeds to principa! shall not extead ar �'
<br /> s��''. �` st ne the due date of the monthl ��ments referred to in ara ra hs I and 2 or chan e the amount of such mems.
<br /> . . .� � ' i.4; Y"�•,�,+'• Pa Po yF•: � P 8 PaY
<br /> `;f}'�;� '" �<<'�`'��`'tl�� , or6earance By[.ender at a�Vstiver.Extension of thc time for a ment or n�.�wlfi�;w�ation
<br /> . .t;, b�:. .,,:';•:,�;;.,.�;��•�r' 11.Borrower Not Released• F P Y �, ,
<br />"a;:{:'`.:` � • '7'IF:,r��;�;;.;;;;� of amaniui�ion of thc sums secured by this Securiry Instrume�t granted by l.ender to any succ:wsor in interest of Borrawer.hall �,`
<br /> � � �•"`�'}.� "'�`jx;'•;t�f nat aperaie to relcasc the liability af�hr original Borrower or Bnrrawer's successors in interesi. Lender shall not be requir�d to = _
<br /> t�ti.`�":��• �;:..'�+!?: . commence procc�edings agninst eny aucceasor.in interest��r�efuse to extend time far paymeot or otherwise madify amortization �'�
<br />_ '�'�,5;{� . • ��� ':..� of the sums s0cured by this Security ln�trument by reason oi any demund mAde hy Ihe original Borrower or Boaower's �._.
<br /> . • ; �,��.;;t�f:� :* successors in,interes�. Any forbearunce by Lender in exercising Any righs ar rem e dy:g h u f l not be s waiver of or preclude �he _
<br /> �,' '�. • ,.. .,.,•,:;,,T; exercise of ciny right or remedy. --�
<br /> � '•'��' �'^ 12. Successora wnd Assigr�.c aaundi Jolnt and Se�•eral I.iab9��ly; Co-slgners. '�'he covenantx and agreeme�2s of this ����
<br />, . _.. .�,;,: .�,:,��:��.t��,•.
<br />. 1 tr.viv',.)r'y..� �
<br /> ,;��;.'�° '�"'. t,ti,r u. Security Instn►roeot &hall bind und benetrt the successors and assigea of 1.ender sinnd Borrau�er, subjcet to the provisions of �;~:
<br /> i';_?:,k;4s .;x.�,�1�''•_� ���� 17, Bt�nt+wet's co�•e��r41� niul aEreememc chall 1+e ioint nnd several. Am� Bor�owet tc•ho co-sicns this Secur'i6Y =�-
<br /> !,':I}`n��T���{1.��. .• ;� Instrunnent but does nat execute ahr Note: (a)is co-signing Ihis Securi�ry Instrument cir�ly to mongage, grunt and convey that �s
<br /> }i ,. �.«,;';.'
<br /> ,•,,.;�,,;:,�� Borrawer's interest 9n the Prapeny under the tcrm�of this Securitv lnstrumenr (b)is noi pecsonally oblignted to pay the sums �:�,
<br /> :..i...;,,.t.; .
<br /> � , ;�,�.,,,,,, secured Q+}• this Security Instrument;and(c)ugrees�hat Lender ar►d Any other Horruwer may ugree to extend, modify, forbear or _
<br /> °�' • make any accommaietions with regard to the terms of thix Secaricy Instrument or the Note without�hat Borrower's rnnsent. ="
<br /> �., . � .. • l3. Loan Charges. If the loan secared by thi�Seruriry Instrument is subj..�ct to a luw which sets muximum la�n charges, �""
<br /> • ° and that law is finally interprcted r�n thnt the intcrest or��ther loun charges collected�r ta be collected in rnnneclion with the _ _
<br /> , , loan exceed the perminctii limi�x, then: lul uny tiuch luan chur�e xhall bc reduced by the umount necez�ary to reduce the charge --
<br /> ° to the permittcd limit:And Ib)uny sums utrcudy r��llected from &irr��wer which excecded pertniunl limits will 6e refunded to �"`'
<br /> - „ Borrowcr. Lendcr may nc�x►�e to makc thi� refunJ by r��Juring d�c principal uwed undc� �hc Note or by nuiking a direct ��
<br /> � pnyment to Burrowcr. If u refund reduceti prirxipal, thc n�lurti��n will tx: �rc�ted u.� a put�tiul prcpayment without uny �,"
<br /> =�y, , prepaymeM churge undcr ihc Notc. errs-
<br /> 14.Nnlices.Any n�ni�r to 8i�rn�wcr providecl liir in this Security Inswmcnt+hull tic givcn by delivcring it or by mailiog —
<br /> '' . it by first clutis muil unletir applicuble luw rcyuire�u.�e of unothcr methal. The notice rhall t�edir.xteJ tn the Pruperty Address '-`
<br /> '�'�� or any rnher �►ddress Borruwer Jctiignatc.r hy niiticc lu Ixncler. Any nntice to Lendcr xhull bc givcn by first cla5s mail to
<br /> ����
<br /> � L.ender's addresx sWled hcrcin i�r uny olher adJrc..L.cmlcr Je+ignates by m�tirc to&irrowc�.Any n�Nice provided for in this �
<br /> ' " Security Instrument shull be dcemed�a huve t+ecn given to&►rrow•er or Lr.ixler whe�i given as proviikd in this paragraph. �'=
<br />� ��•� ' '�.�� 15.Governing Law; SeverabfUty. Thi+ kcurity Instrumcu� shall t►e g�►vcmeJ hy federul luw �nd the luw of the �'
<br /> •�.;;�;''
<br />� f' � � jurisdictian in which the Property iti I�xat�ti. In thc cvrnt that uny pmvizion or rluu+e of�his 5e:curity Inrtrument or the Note
<br /> ; � ';'��:,, � conflicts with applicuble law, such eonflict shull nut ul�l'�tit o�her pr�witiions of ihi,Securiry Inti�runxnt or the Note which can be .
<br /> �,;;.��'.•� "���;. • given effect without the rnnflicting provision. Ta�hi�enJ the provisiom of this Sc�vrity Instromcnt Lnd the Note are declared
<br /> . '' to be severuble. '
<br /> , . ..';',;y;�:;;�' 16.Borrower's Copy.Barrawcr sh;�ll hc given unc conliirmcd ropy�if thr Not¢und��f this Security Imtrument. �-
<br /> � `�' `• l7.7'rensfer of the Property ar a Beneficial Intcrest in Horrow•er.If ull or•rny pun ��f Ihc Pr��pcny ur uny interest in it �"
<br /> ��"; � is sold or trnnsfcrred(or if u txncticiul inicrc.�in &�rrowrr i.�old ar tranxfcrrcd anJ Burruwcr is n�►t a natural peruisil withiw� �
<br /> � :" ' l.ender's prior written consern, L.c�xler may, a� it� optian, requirc immeJiute paynuiN in ful! of u!I sums ,ecurc�i by thi. �
<br />• � " Security Instrument.However,thi,op;ion shall not h�:exerci.ed by IwnJcr it'excrci+e is pmhibil��cl by fedcrrl luw ns of the date
<br /> '�•�':'; of thix Securi�y Imuunxnt.
<br />,�� �•:' If Lender cxcrci.rcti thir opti�m.I.endcr�hull givc Borrow•cr nuticc ol'arrcicrutiun. Thc nolic�sh�ll pnwidc a periixl of nrn
<br /> �•r . } '`'�' les� than 30 duys from thc dutc thc natirr i.dclivcrcJ i�r muilcd wilhin whirh B�ttr��wrr n�u�t �uy ull �um, sccur�-d by �hix
<br />! �; Security Instrument.lf Borrnwer tiuils tn p•ry dk.r wm.priar a�the cxpiraliun uf thi��xri�xt.Is��lcr may invoke any rcmcKfie. � �
<br />` i, � .� permitted by this Security Instrument with��ut I'unhcr n�►�irc ur Jrmand an Barn�wer.
<br /> , . 16. Borrow•cr's Ri�ht to Relnst�te. II' &�rr�iwer meci, rcnain c��ndi�ian., Bnrn�wcr slwll huve ihr right to have
<br /> :i enforcement of this Security Instrument Jiuontinu��l a� any �imr priur to �hr curli�r ul: (ul S day� lar �uch ��thet' {xri�xl u+ �.
<br /> ., , applics�blc I:�w m�y �pecify li�r rcin.lut�mcn�► lxli�rr .ul� uf thc Pru�xrty purwum tu any��HCr i►1'.ul� comaineQ in thi. , .
<br /> �� ;. Security Instrumcnr,ur�hl entry uf u,judgmcnt rnli�rring�hi�Srruri�y Intitrumem. Thuti�rundiuun+urc tha� &►rruwrr: (u)pliy�
<br /> � Letxicr ull sum� which thrn woulJ lk du� u�xler Ihi� Srruritp In�trument unJ thc N�KC ns il'nn ucccl�ratiim had�kcurnd: lbl t.
<br /> ' ;,i „ cures any det•rult uf any uthcr ruvcnunts ar agrccnwntti; lr) puys ull cx�nnses inrurccd in enfnrcink thi� Sccvrity In,trument. �
<br /> including, but not limit��i to, r�aw�nwb�e•ruurncy,' fce.: unJ IJ1 tak¢s.uch ac�ian a.Lcndcr may Ranonubly royuire to�.tiwre
<br /> ' thul the lien of this Scrurity Imtruuunt, Lsnder'� ri�lht�in Ihc Pivpeny and&irrou�cr's abligatiim t�i puy the sums�ecurcd by :
<br />.. -.�_�._ �_ ___ __ _ .__._ .___ •{.:.. C�.....:�.. t...�.....w..� ��1...11 .•..�u:nu.. un.•6��n.�.a1 t1.�.�u n,inc��Uno�..nl hv p.�m�w.�r ehie C4•�Ir1�V Indn�nv�n� wn� th.• 4
<br /> ._ _ _: - ...... ....�.... ........ �..........� ....�..�.. ._......_._..._... .- _..... ..... ..... _._.....: "".._...."' ...._ ..._ . .
<br /> , . oblig3tions secureJ hercby �hull remuin tully cl'I'rciivc atiil'n�i ucrelcra�i�in hud �xrurrcd. Huwevcr, this right tu mintitat�.hall �;
<br /> .. �� not apply in the casc of arrcicruti�►n undrr pura�tr,�ph 17. �'
<br /> �� 19. Sule ot Notc: Clwn�c oi'I.win tirrvkcr. 7'hc Nut� rn• a purtiul imcn+l in tl►� Notc Itu�tethcr u•ith thiti Scrurit} ;
<br />� _' ,� Instrument)muy I►e wld onc or morc iinu.wNh��u�priur natirc a�&�rn,�arr. A sulc muy Rwh in u rhangc in ihc cntit� lkn��w•n
<br /> , as thc "Loan Scrvircr")that roll�titti munihl�• puynuu�ti due unJ�r d�r Nutr and dds Scrurity In.�rvmcnt.Thrre al.��may ln unr �
<br /> • � � � or m�in�chung�w ot'the Li►rn Scrvircr unnlut��l�u u.,dr of�hr Nutr. If thcr�i.u rhun k�c��f thc Lu:xi Scn�i�cr.Burru�vcr�cill lk �
<br /> given wriu�n n��tirc nf 1he rhun�r in urronlu�xe with paruEruph Id utx�ve anJ applirahll'I:1\�. Tlll` �11tU1'l•N'III til:lll`llll`IlUltll`:lI1lI
<br /> �'. address of the new l.�mn Sen�i�rr aixl the udJro�.tu which puynxnt.xlu�ulJ tn mu�k. The nnirc will •rl�n rontain any other �
<br />' ' ., informntiun n.�yuir�tii by applirablr laa•. '
<br /> � 20. H�.ardoun tiubstances. Bum�wcr ,hull nut cuuu ar �xrnii� �hr prc.enrc. uk. di.p��sul. .�uru�c, or nlca.e uf any �
<br />` :�. � • . Hozanluus Subatun�ti� oo ur in thc Pnipeny. &�rniH•er �hall niN da. nur ullaw• anyimr rlx ti�Ju. unylhing •rftectin�! thc �
<br />�.� . . 1'roperly thW is in vfc►luti��n ol'uny Envimm�untal Luu�. Thr prrc:Yling tw�u xn�nce. tiholl �HK :���i.� <<►�n�preuncc, uk, ur
<br /> , • , storoge un thr Pn�p�ny uf�mnll yuuntilicti ut'Hu�anluu� Suh+tanr�+that unµenendly reragnii�Yl la I+r uppmpriale tu nunnul
<br /> � re�idrmiul uks unJ ta muintenuncc ot'thc 1'ro�:rt�•.
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<br /> �t�w����a , Fpm 30Z8 8180 �
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