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<br /> '� ��; ' �.Qeau[!y�i�raL Ba�wat�}/arte aueh a d�tu3�ttd rohatt�,�s RcavtQe�l��R�+Pfi�� • °° —
<br /> •� :?��'�.. . ' �isaad w9t�a ruYn$thit.fn l�ndab gaod t�A dn4e�a�rt.R►ey�des fatldNro at tlte B�w�b 6�erest tn Uto Rro�ety a othar m�te�! �-- --
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<br /> � E � : �ne�et the Han aetted By�Ws SeauBY Ena�ument nr i ande�e seaaltyl�nt�est 8arow�r eha9�fso be h d�u8 8 B�.diira:g�N� _�_,^,_
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<br />_` ,' �c ,:�. ta��gentton process.ptve n�te�FaN�tss or�s�te tnfcrn�Uon ar�ta tb la�dar`(ar taYed to�nvtds tanQar wM�ny rtiat�etW � _ ---
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<br /> =�`�:�x�...: � �Onn�ion)i�cmmeet�n witB tM toin Mdeitced!sy tl�e Not�4 incBt�Bnp.�nl noi�ed�tA�res�at[ona eanearnr�p�artowde oear�euy of � ���y.�---
<br /> �""�'�:;�~��?;� • rast�encs U tKa 8aa�ity t�atrument ta on�lma e h o E d.8anower,e l u B e o m p y w�t►�8 U f e t a n a o t t A e{eaa� . ,'�-t°_"'--
<br />_ • ���°d:s. � .. . tAo PtopdiY aa e Princ�et _ R�� ��',�*�,�,,�.,��,,.a�=
<br /> �� '��� � If Barrower eeq�r�es fea t9te w Me P�'oA�Y•tA@(ECS0A0�!!1d tR81C@�SAi�R01 fREI$0 tMdSS I�1�a�t0 U[e fitd�f 61 Mi�s��- � �-5:r�
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<br /> �'� �^ "'�" =' - -� .Pt�i+►!t Q!L�lt�er'��i! hb 1n ths P�'Bpet�1 N BOm�rer�9s to peta�the cmrenuifs end e�ne�+te ccnm8ted < ���' �„`�: -�s;
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<br /> :�y , � � �� (n th�geau�7t(nstrttmmtL or fhere t�e Isgil P��9���Y�bn��ull atiect LendePe dghta tr�tita RaPmSY(such as a procee�n9- - - - _ x ,
<br /> ' `-� tn dm�fwAtcy►.Pra6a�tor enndemna�nn or ted�ue or to eniocee Iaws ar�tatfcna).t�en L�►d�mdy do end pay tor wt�ateuer Es neeessary `�`=
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<br /> Lend�'s aetlorts t n d u d e s u m s s e a t=e d D 1►a Hen v�htc8 °�'
<br />_ ... . .: -.° , . to p�otect Me vetue ot the RnpeRy arta Leidds�tghta tn ths Pt+epeRy. �!I P���Y 8d .:�:..;
<br /> :`''.:,.'� �;`.;:`'�;`:"�� has prtarily over U�a Sem�yr tnsdume�eAA�ing tn�uR�8 reascrt�te edtameys'te�and entmfng on the PmpErty to make repafr�. �
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<br /> : , .,:X y °'� Aghough l�d�maY�lCe adton unQer thts R�AA 7,lenda daes not Rava to do so. .
<br /> _ �:: `; ,".��.�:�:�.,`` My amo�d�bwsed by lender under thb p�ra�rapA 7 st�a0 D�ome add�ienai d�t ot BaROwa seau�ed by th[s Searrtyt tnstmmeM. .' �, �; - � .
<br />- „ ''�:; �,�„i:�: 4ntn the�ot�SDursetneatt et the . - �, �:
<br /> ��:'-: _ .,., �c� ', ltnfess Bocrowe►end lender agcee to atner tem�s ot payment.Mese amourns sha�l Eear U�eest _
<br /> X-::-:,-;:;'-:--�:`',�+�;�'.: Note eAle and stie�ba payabt�v�intermt.uPon nottca Erom lender to Batrower.�equestln9 payme�t ' _ ..._
<br /> 's-£ ..� � �=._ 8. MoitgSgA Ui8ui8tR�. B Lenda�equhed mort�ge tnsuranoe as a oond►Von ot maidng the laan seared Dy thts Secur�y InsVument. . :
<br /> :k°.. . ;� _. _ . 801FOW�Sh80 psy the P��t01IIe61181f1 tR91ttORq8$8 iI181rt811Ce 61 E$ECI. H,tar erry r�son.tAa mortgage insuranca oovasge n :
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<br /> cequired Ey l�d�tapses or eeases to tse t�eftect,Botrawer shsU pay the p�emiurt►s�equ6?d to obtefn coverage substanUalM equ�a��t to the �'>, . .,��,,£",. -�;�,
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<br /> . .�-�`� mort�ge hs�uance prevtausy in efteeR at a eest subsfanttaliy ecaNate�t to the oost to Borrow�of tAe martgage tns�uanes previousty�� • ., ;; .,���`:�
<br /> - Qnm a�s c�emato ma�tgage 6�su�appmvetl by lender. It su0smnt�IIy e�+ivai�►t maRgage insurance cov�age ts not avaIIahte.Borrower shall pay '` { ..''`''-��� '
<br /> - ,`.-v �` _ to L+estd�each mo�h a eiun gqual Lo onetweiftA ot the yea�ty modgags(nsuranae prem�m 6e6t9 Paid by Boaower wh�the tnsurance crnreage .��,.-.--,.�" -, .:
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<br /> �� . . �oeased to be tn eKect. l�dr w�eooep�use and rets6�these payments es e to�s.�.senre(n Heu ot meitg�ge fnsurance. Loss reserve F kt��F.:. •.+V�y �:
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<br /> e': •''`` . `.''= PaY��!!no tanget Oa ceQuUed.at the opUon ot Lend�.lf r�t�9e tnsurance r.qv�a9e[�r84a amowt and tor the petod Ufat I.ender ��� ,.. �
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<br /> ` �R��P�Rded bll an tnsurer approved by I.eider agatn beco�ttes ara�te and ts obtsined. 8arrower sAsQ Fa5►the premiums required to � :.;,. �'.,;
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<br /> .. , . ., �meRgage insulance tn etted.or to provld�a 6�ss resenre,wntf the reputreinerR for martgage tas�cra ends tn socordanee w9R .. : °,� •� --
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<br /> ` _• ' , w�itR:n+�cgee�ttent belwe�t Hartower end Lertd�os e�le taw. �r;�Y����s=
<br /> i . : . ' � 9.� i1fSpediOn. Lendv or its agent may rt�ake�sm�hie entrtes upon ertd inspectloris af it;�Property. lEnder eAeD gNe Bortower ;;``4:,��4��'��;��"
<br /> i , . . • nc�is at�e tlme of or pdor to en tnspectlan sAecHyU�9 reasonal�te cause br the inspecttan,_ `s�s� } ; �,�
<br /> . 10. Cander�natioa: The p.�oceeds of arry awaN or da6n for dsmages.drect or conseqa�ial.(n oonnectt�on with any eond�natlon r�*,�"� Y r�`�h f�.�1:*_
<br /> �� .• . ,, '`: . or atA�teldng of any part of the Rropeityt.or tor caomreyance in Geu ot eond�,ation.ara he�eby esslgtted end shaU 6e pald to Lende. �;;,�. . Y,^=5!�r'��
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<br /> .>; ? � (n the event oi e totat teldng ot the Ptoperty.the pmceeds sha�be appQad to the sums secured by tAla Securfly Instmmenb whether or not + ..,.� ��. •��.�,.� �.;
<br /> , .. . then due.wit�any�ccess paid to Borrower. in the evart of a�at3al tstdrtg of the Property fn wRich the fair market vatue of the Propary .,'ti``•`, : . .
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<br /> � Immedi�tety betore the tstdng ta equal to or greater than Ne amomA of the sums seeured by this Securfty Nstrument Immedtately before tiie ffiIdng. �`:t�.yt: �;.:�;.���' s
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<br /> " `� .r, untess Bortower and L�d�othervutse agree in wrfting.tha sums secured by Ws Security Instru►nent shaU�e reduced by tha emount of the � `.;�� :.. ; �.
<br /> : • _ � pmceeda muftip�ed by the toQowing iractton:(a�the total emount ot sums seeured immediatey 6efore the�hrg.dtvided�y(b)the taU msrket t '`:,4�`,:; >
<br /> . . 1 . :lti/�'1� _ 5.
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<br /> � vatue o!the Properiy Immc�diately belore the tetdng. My balance eha0 be paid to 8orrower. tn the event of e pmtiat taMn9 ot ffie Prt►P�Y� ! , ; a��i�',��
<br /> , which the tair ma�ket veNe of the Property immediatety Cetore the taktng is tess than the amount ot tAe sums se�uced imme�te7i before the �''�;��.,t:;.� � � �;.�'.�, �
<br /> .. .. t�sc+g untess Bortower and lender otherwlse agrea in wr0ing or unless eppGcabte law othe�wtse provldes.the p�aeeeds sAeEt 6e apptled �.`; :;;';;• , _
<br /> Et ���:�• �,:{
<br /> '" to tfie eums secured by this Security InsUument whether or not the sums ere then due. � , ' .
<br /> i
<br /> .. If the Properly ts ebandoned by Borrov�er,or H,after noUce by Lender to Borcower that tha eandemnor oHera to make an award or settle ! , �
<br /> a c�ahr►tor damages,Bortower faAs to�espond to Lender within 30 days after Ne date the no@ce is given,Lender Is authorfzed to coDect � � . •
<br /> ` :�; and appty tha proceeds,at its optiort�efther to restoratlon or repetr ot the PropeRy or to the sums secured by this Security tnsWment � � . ,:r-
<br /> '�..t,�::•�' •� whether or not then due. ' • • •
<br /> � Unfesa lender and Borrower othemise agree in wdUng,anyr applicatlon ot proceeds to pdncipel shall not extend or postporte L'�e�� E ,
<br /> ` date o1 the monthy payments reterred to in paregraphs t and 2 or change the amount of such payments. ! •
<br /> 'r ' 11. Borrower No! Released; Foleb�aranCe By Lender No4 a Weiver. Extens�on o1 the time tor payment or mo�c�:on �
<br /> 4 ' of amorthaUon ot the suma secured by this Secur+ty tnstrument granted by Lender to any successor in tnterest of BoROwer ahaU not � i;;':.,•
<br /> : operate to release the Itabilriy of th�odginal Bortower ar Bo�rower's successore in Interest. Lender shall not be required to cc�mnence � � •
<br /> , proceedings agalnst any successor�interest o►reWse to extend time tor payment or otherwise modity emoMxatlon ot the sums secured
<br /> i
<br /> �s by this Security Inslrument by reasan of any demanet made by tt:e orlginal Bortower or Borrower s successars i�interest My torhearartc:e
<br /> . � �"� by Lender In exerdsmg any dgbt or remedy shall rot be e waiver ot or precdude the exerdse of any dght or rerr,edy. �
<br /> ;��. ' � 12. Sucees�sore and Assagns Bourt�d;Jolet artd Several L,f�ulity; Co-sH�nere. The covenanca end agreemems ot ;
<br /> � � � thls Se�uriry tnstrument shall bind ar.d benefit the successors ersd assigns of lertder and Barra~�ver, subjecl to the provtsiona o}paragraph
<br /> s ; �: • .�. - .
<br /> 17. Bortower's covenanta end a�ments shaU 6e Jofnt and sever-d. My Borrower who co-s:�this Security tnsWment but does not
<br /> execute the IVote: (a)is co-signing this Secur(ty InsVUment ony to moRgage,grar�and ccmrey�at Borrower's interest in the Properry
<br /> '`i under the tertns of this Sflcurtty Instrument;(b)ts not personally obligated to pay aha sums secured by thls Secudty�nsUumenh and(c)
<br /> j � • . :,� agrees that Lender and eny other 8onower may agree to extend,madiry,torbear or make any aewmmodatlons with regard to the tecros of
<br /> _ � ', "' this Seeurfry InsWment or the NotA wN,!rout that BortowePs consem. ,
<br /> ��� • 1�. LOan Ch8�g88. It the taan secured by this Security instrument Is subJect to e�av��hich seta maximum toan chErges.and ' • .
<br /> .:t;:.:�,i.' ...
<br /> . :.-° ;;���• � that taw Is Mely interpreted so that the Interest ar other loan charges colleeted or to be coltcsted In eonnecUan wfth the loan exeeed .
<br /> `�� �� � the pemdtted limits.then:(a)any such loan ehacce shatl ba reduced by the amount necessary to reduee the cherge to the permitted
<br /> � .. ,,..�. ,
<br /> ' tlmit;and @)any r�ms aheady cai'scted from 8ottewer which exceeded pem�itted Iimits wW be refurtded to Bortower. Lender may choose
<br /> ��;�.;'����. �
<br /> , ,,:, :�� to make this reWnd by redu�dng t�:e prinetpal owed under the Note or by making a direct payment to Bortower. If e refurtd reduees pdrt- ,
<br /> 1'' t+- ` �pal,the reductton wpl be tre�ed a3 a paNa1 p►epayment witAaut erty prepayment chazge under the Note.
<br /> j j' 14. {QotiC@s. Any noUce to Borrower provided for in this Security tnshument ahaU be glven by deWering it or by maiT.Tg it by ftrst
<br /> !i "t ctass maD untess a�q•'cabte taw requires use of a��ther method. The noUee shaU be direeted to the Praperty Address or eny other address
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<br /> � ; �' � �....�{ 3c23L�+�31s�) Page 3 ot 9 Fortn 3628 9/90
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