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<br /> ' '� eonow.► n�y a«,�.. wa, . aw.un .nd nin.tat,,a ao+�+a.a In p.mon�pn �e, by a�w�p th.�oaon «proo..afrp co a ,
<br /> . �.+�...d ww�.�w,o u,.�,h �.«�d.r. �ooa+wn dn«mr�.eo�,,v►.owd«ro�.w�.a u�. eomow.r�. Mi.na�i�.a�«�y a
<br /> �� oth�r n�atwW Nnp�inrw�t o1 th� Wn aMidd bY thl� 8�awf1Y(n�huni�tl a Undw'� ��auilY Int�ns4 Barowr shY�bo b�In
<br /> p�,.. d�t�uk M BoROww� durinq 1M loan�ppMoaUo�ProcM��9a�rtwtMMNp tdN a k�oarrat�k�tanntlon a�ht«nmb lo Lwidw(a
<br /> W�d to povld�LwidK wNb�ny m�t�td inlorm�tlon)In oo�wnollon rvMh th� bn wid�nad by Ih�Not�� N�oludnp� but no!
<br /> Nmlt�d to, npnNnt�tlais aono�nMip Bonoww'� ooaip�noY d thr PtopNty �s � piNak�l n�idma. B tMs BraxNy
<br /> '�. Y �, �.,�+,� . Insbumw�t N on. M.s.noa� 9oirowK sndl oomply wra� al th• prow.{on� a ilu��.w. a eoir+owK.oqulr« h.ua.w u+. +
<br /> � �7��MProt�allon o�t L.�nd�r'R1�11b In th�Prop�rh►�q�eoirowr �i�is to palo�m th�aov�nana�nd�p�q ~
<br /> :• ,... ._. oonWn�d N thb 8�awflY In�tiummt� a th�n�a •Ip�l P►ooMdkiO th�t m�y sipnNlcinty dl�ol L�nd�'� rfyhU N th� Propwty
<br /> :'t�y�r.'ti•'t+"" (woh u�proa�ltnp in banbuptcy�Prob�b�tor condNnntllon or faiNtun or to mfaa f�w� a npuUtlom)�th�n I.w�dw mry
<br /> ?�'•+�.:��•:..... do�nd pay fw whatw�r b n�tNry to prot�ct ih�vaiw ol th�R+o�ty�nd L�'s rlphq in th�ProMrty. L�r�do'��aUon�
<br /> .�,d. . �r: ,.� .r{ ,�' m�y Nalud� p�ylnp �ny wrtn e�aund by• Y�n whbh hu plo►ily ov�r ihb 3�autNy ImtrunNnt�aPP�rhp h aouA� WYMW
<br /> •.� .:�,:.
<br /> , :L4a��..!._...�:.r, ��.:,, rwton�bl��ttomqs'1��nd �nt«N�p on th�PropNty to mNw r�b. ARhauph L�nrMr m�y Wc��eUon undo ihb p�r�pnph
<br /> � �� �. 7,l.�ndK do�s not h�v�lo do so.
<br /> ° �`�-� � - r-�.;r;. Any amounn elUbunsd by Lend�r wide►panyr�ph 7 ihal b�come�ddfllond d�bt ot BorrowK �acund bY lhis S�curkY
<br /> � �.. ' "";��~:�'�� Inshum�nt. Unlew BOROW�f Nd LlfldK �N to othw t�ms oi p�ym�nt thus unouMs �haA bMr Intre�t kom th�daq ol
<br /> r �� � ,�� , „�,f dl�bunwnant�t th�Not�nib�nd�hdl 6�pay�bts,wHh ht�mt,upon notlas from L�ndw to Bortowa pque�dnp p�ymw�4
<br /> 3;=�,r;. y. ;, . , ;��., 8. Mort���� Inaunnco. II LendK nquk�d mort�y�Imurana��� a oondpion ot m�kkip ths lan seeund by thN
<br />'L+:;�t ���.. ;�S,a; security lostrument� Bo�►a�h�ll p�y Ih�pr�mh�ms rpuk�d!o m�intdn Ih�moAp�y�In�unnc�h eR�nt.It,tor�ny rea�on,th�
<br />�; v�;�.' .;�li,� mortyap�Iniuranc� anreraps rsquk�d by Lend�► laps�s or ca�ua to be In sAsat.8ortow�r�haA qy the premiunu r�quked to
<br />:4'':'.�� . :,r_�,�
<br />µ, �'�;,�; ., .,�, obUin aoveage wb�UnWUy pulvalent to the mortpRy�Inwrana� prevbwly h Ml�ot,�t a ooat substaMlaty equlwlant to th�
<br /> �:' • oost to Barowr of ih� matq�ys In�urnnce prevbusly Ir1 Nf�et, ilom an dlwn�b mat�ap� Insunr �pprw�d Ey L�. II
<br />�• " �-.� • . �. , ' ,.° wbshnWly�qulvdmt morty�pe Nauranoe aoverap�Is not �wN�bte,Borrow�r sFuY p�y to I.mder e�ah month� wm pu�l to
<br /> �•�� :;.:-`. -�,�- �:•!�;�- onrtwellth ai th�yady mortpape Mauranee promium belnp pdd by Bor►awa wh�n ths Insunnc�covet�g� Mp�W a o�u�d W
<br /> ,; . � � • .';�� ba In effeat Londw wN acoept,ues pnd retaln th�se p�ym�nte as�loa�reaen►�M Neu o}moApape Ineunnos. Lou nan�
<br /> ''� : �. ' �. �:`nt:�:�;' p�ym�nts m�y no lonper bs nquk�d,�t the opUon of L�ndu.R maty�pe Inauranoe cov�ra9�pn the�mount md fa th�pwlod
<br /> : ' • '}�� Ihet Lender roqWrea)provided by�n Inaurcr opprov�d by LendK �yMn becomes�vtll�bte �nd Is obtsined. Borrowa sh�M p�Y
<br /> : �;;.,�.,.; M�k :� the pnrtduma nqufred to mdntaU� morty�p� Ineurance In efteot,or ro prodd�� bss rasnra,unW tha �qukMn�nt tor mortp�p�
<br /> r � ,�::�' •.�- Insuranae enda b accordance wNh any wiNtsn�preanant betw�en Bonowr and Undar a�ppliabb I�w. �
<br /> . '`:::`�` : ,,r 9. Inop4ction. Lender or Rs�pent mey make nosonebte enMea upon�nd InsproUom o1 th�Woperty. lendxr sh�N phr� f�.
<br /> ; �,`��4 i's I � � Botrowar noUce�t the Ume ol or prio►to�n Inapeatlon ap�oi�Any re�sonu6le dus�for th� in�peaUon,
<br /> . ! �;,:;�5;��..�: ' 10. COnd�mnstlon.Th�proceeda of�ny�ward or clNm tor dam�yas. dlr�ct ar conasquenli�l, In wnnecNon witb �ny
<br /> . •.:�.,,:``l� , condemnaUon ar other UWnq oi�ny paK of th� Propaty. or for conveyanee b Iiw ot condNnrwtion, an h�nby assipmd�nd
<br /> ;:.�°:.;�;� sh�N b�peld to Landw.
<br /> • ,,.' •.';�., � In th� evaM of a total teklny of the Propeity, the proeeede ahaY bs applled to th� eums aecur�d by ihis SecurNy r�
<br /> •.�.
<br /> ' Mewm�nt,whNher or not then dus,wflh�ny exaais pud to Borrowrr. In th�w�nt of� p�rUal t�king ot th�PropMty►in whloA '1'
<br /> � ----�— 1hs ha mwket vdue of ihe Pmperiy imnia�l�iaty bHwe tA�i�kkra Is aqu�l io ot�preaiar ihan iha atnauni a1 ttw sutrsz �acu�d
<br /> by lhis 3ecurity InahumN►t Nnmediately hefom the tekNig, unlees Bonowo► �nd Lender otherwise pgree tn mltq�p, tM sume
<br /> . , secured by thia SecurNy Inalrument ahsll be reduced by Ihe�mount ot the proceedt muqlpQed by the fopowNy f►�cdon: (�)th�
<br /> ' toW amount of the auma secured ImmadWety betore the taking,divided by (b) the fair markM wiue oi ths Propa�ly�fatNy
<br /> . beton the Wcing.My balence shap be pald to Bortower.In the event of o partial ukMg of Ihe PropMiy in whkh the hk m�uket
<br /> value of the Property immedlately before Ihe taklny is leas than the amount o1 the auma sacured immediately bNore th�Wdnp,
<br /> unlaes Bonower and Lende► otherwise �qrae In w►itiny or unkas applicwble law otheiwiae pravid�s, th� procNds �h�U b�
<br /> " �pplled to the suma aeeured by lhis Securqy Inetrument whelher or not the sums �re ihen dN,
<br /> ��•� II the Properly i�abenda►ed by Bortower,or q, aftar�oGce by Lender to Borrower that the condemnor oNero to m�ke�n
<br /> �� ' awerd or eettle� claim for damages. Bortawer faAs to reapond to Lende► withM 30 dwys�fter tFw date the notice la ylven,
<br /> Lender ia �uthorized to eollecl end apply the proceeds, et Ns optlon, afther to r�eto�ation a rapalr of lh� Praperty a to th�
<br /> �,, eums eecund by thie Securily Inalrument,whether or not than due.
<br /> , , Unleaa Lende► end Bonower otherwise �gree M writinp, any appNc�ibn af proceeda to principd ah�l �ot exlend a
<br /> � poatpone the due dete ol the monthy payments referted to In peragraphs 1 and 2 w chmye the amount of �uch p�ymants.
<br /> 11. Borrowor Not Reloasod: Forboaranca By l.onder Not a Waiver. F�Aenalan ol the t(me for payment or
<br /> • � modmcaUon of amoMlxation ol the sums secured by this Secu�ity Inalrument granted by Le�der to any succeasa In interest of
<br /> BoROwer ahall not operate to release the I�biliry of the original BoROwer a BoROwer's auccessors N interest. Lender ahall not r!
<br /> , be requlred to commence proaoadinga agalnst nny �ucecaaor In Mtere�l or refuse to extmd lime iw peyment or otherwlse
<br /> .. modity amallzallon of the sums aecured by thle Secu�tiy Inslrument by re�aon ot ony demand made by 1he aiginal Botrowe►a •
<br /> Borrower'a succeasars In inleresl. My brbaerence by Lender in exercising ony right or remedy shaN not b� ■ walwr ot a
<br /> preelude the exercise of any dght or remedy.
<br /> � � 12. Succe�sora and Aestgna Bound; Jolnt and Sevaral Liability; Co-aiynera. The covenants .nd `;•;;•.
<br /> . ' �greements oi thia Secu�iry Matrumenl aheN bind and benetit the auccessora and asslgna ot Lender md Borrower, aubJecl to ths {;;. �
<br /> ' provlsions M porograph 17. 8ortower's eovenants and ag�eements ehall be Joint�nd aeverel. My Bortower who eo-algna thla �i'� ,
<br /> Securlry IneWment but daes not execute the Note: (a)Is co•signing ihis Secudty Instrument only to moAgaye,grent and convey ��������
<br /> • ihet 8orrower's Interest in the P�operry under Ihe terms ot this Security MatrumeM; (b) is not perooneNy oblip�ted to pey ihe �,'
<br /> aums secured by ihls 3ectxily Instrument: and (c) agrees ihet Lender ond any other Bortower nwy�gree to exlend,modity,
<br /> torbear or make any aceor:imndatbns with reyerd to the terms of thls Secudry loatrument or the Note without that 6onower's
<br /> � conaent.
<br /> } 13. Loan Charges. If the loan aeeured by Ihis Security Instrument is subJect ta a bw wldch sets maxlmum ban
<br /> " chargos, and ihat law is AnaMy inte►preted ao thet ihe Interest a other loan charges collected or to be collected In connectlon ;:�'
<br /> � ` wRh ihe toan excesd the permltted Iimlts.Ihen (a)any such loen charge shall be reduced by the amount necessery to reduce �
<br /> �'' the cherge to Ihe permitted limit: and (b) any aums already collected hom Bortower wfikh exceeded permifled Iknila wlll be •
<br /> �'� , , • � retunded lo Bortower. Lender mey choose to make th�s retund by reducing the priucipal owed under ihe Note or by making e
<br /> . direct payment to Bortower. If e relund reduces prindpal, the reductlon wAI be ireated as a partlal prepayme�t wHhout any
<br /> + � prepeyment charge under the Note.
<br /> 14. WOt1C6�.My notice to Bortower provided lur In Ihis Secu�ity Instrument shaN be given by dellvering R or by malling fl
<br /> by flrot cMas meN unless applicable law requiren use ol anolher method. The noNce shall 6e direcled to the Property Address
<br /> � o► eny other addresa Bortower designetes by notice to Lender. My nolice to Lender sheM be gMe� by Ilrst class mall to
<br /> _ �'- �- 1.@n08r6 auu�eaa slsiaci nerrin cn ai�y Oii�m duu'iab5 �m�iiai aidaiyRiivb �j iiwi�e iG oin7vvra. niry i�4iu.6{'n�vivaii i�i e� ii�ia
<br /> t Securlty Inslrument shall be deemed to heve been glven to 6onower or Lender when glven as provlded In thla paragraph.
<br /> � , i� 15. Ciov�ning Law; Sova�abllity. Thls Secunly Instrument ahaA be govemed by lederal law a�d the law ot the
<br /> � �utisdlcUon In whlch the Property is located. In the event thet any provlslon or clausse of thls Secudty Inslrument or the Nofe
<br /> � � ; confllcts wHh applleable Iaw, auch conllicl shatl not aflect other provlsiana oi thls Securlty Inatrument or the Nate whlch can be
<br /> glven eHed withaut the confWctiny provlsion. To thls end the provisions ol Ihls Secu►Ity Inatr�menl and Ihe Note are decl�red ta
<br /> � � �, be saverable.
<br /> � ; ' D 16. Borrowor'� Copy. Bonower shau be glven one conlormed copy ot the Note end of this 3ecu�iry Inslrument.
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