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<br />- . '�°.- '�°,c. a - � ' - 71.Pridt��H�O!L�end:�'s itt�tn�fs P�t��f�ttit.t�S�rtara�� �s to pas4a3r�tt►a csr�nis and a�ai�ls. :
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<br /> �..:,�j ;�` &��Boiraw� ��e prern�ums��t�t.the mcrtgage Ins�sce L�e�ec1.1�tar arry r�son.ths
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<br /> ° { . o¢sL:c�;9mrawer ot the matgage tnsuranee pe�sEausly tn ef�..ttom an a$emate martgage 6ns�app�aurx!Ey l� H r�
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<br /> � ` ' � q�oi the yeaAy mortgage Ic�anes.�m Fiid�[g�OgY,�$ortawe�wheo the 6�t2�covaags f�psed err�oa�
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<br /> , ��"„`S��.' '�,€;' , ;` f,f''$r'a tar maiket varii�cf�tRei RrcDaiSi`sianetk�tdy Itt�ts�:�ta�ing is equal to or great�than ' -�.
<br /> ` t4�e amaurt ae�'sur�ser�ired �
<br /> --� . . ' by this S�curfry (nsfrurr�frtunedrate[y 6etare t4iff,U�g. untesa Borrow�and Lenda othEnvise agree �vuif�g,tha sums. f";.i'"�-��:
<br /> ` seaaed by thTs 38arrity InsUUm�t shaD�s reducet➢by the amount of tfie proceeds muftt�red by the fa"a��g frac�►: (a)the -. .�. .��
<br /> '. 1, ' . � totai smaunt of the sums se�vred irm►t�ate�►b$fofe the teking,d'ivtded bY(b)the taa marScet vaUe o!ihe PraA�►�Y � ��
<br /> � � betore Me tatdnp.My ba'amce ste�]ba paTd tn BarroMrer.tn fhe evem of e parttaf ffiking ot tha Prope�ty fi wt'�.eh U►a tatr rtgrket ;<r�;;�.�+r,F�
<br /> . vffiva of the Frop�Ay Utimie�atQly Q�oPe tha t3idr►g b�ess than the ameunt of the sums searrPd 6nme�ateSy 6�fare ih�taWng. :',�::,�'�:
<br /> ' � w►tass Bortowv and Lender otherntse agree in wrfGn9 or uniess appIIcaato laur othe�wtse p:avtde.s.the proceeds sAaU be . .-'
<br /> . ' apDEed to the sums secured by this Seartiy fnsuument whsth�or not the sums are then due: '.�•{'
<br /> ' t4 the Property Is ebandoned by Borrower,or H atter nottce by Lender t,o Bortower that the eondemnor oHers to make en :� ,
<br /> � • . awfud or settte a cfalm for damages. Borrower fai►s to respond to Lender within 90 days atter the date the no8ee ts ghren, • :
<br /> � •� lendp Is authortzed to eo4ect and appfy the proceeds,at ib optlan, either to rest,�ratlon or repalr o1 tfio Prcpertyy mr to tAe ' '•• � �,
<br /> � • sums secured�yr tAts Secucfty InstrumenL whether ar not tha►Que. •'��.�
<br /> , UN�s Lend� end Bertower othenvlse agree irt wri�n� anY eppQcattan af praceeds to a�.nc�eE sAaD not �etend ar ...: �4, .��=
<br /> ' �';�' :,"� � ' � : po�tpone tAe due�hs af ttie monthly Cagrtsenb re6erted to in D�ag�pRs 1 and 2 or cflenqe the antaimt o!'su�Pt pay�rtenb. ,�;4.,:;�:.,.:,.;.�=
<br /> �- t1.6or�a�var�t�Retea�e�;�o�aautc�8y Lender PPm4 a Nlat�na�.E�aensio�oe Yn�6�a t6r paym�t or -`-
<br /> .. mo�fteatlon of anaqr6zattori ot ffia s►msie secur�by tBis Searriry Insttumeat granted by LenQee fa arn� suar��er In(rtc�est af
<br /> , ; � Borrowei sha0 not operafe tu release the Qa60iry ot 1he adgfial Bortorrer ar BoROwels suooesso�(n:fn[�rest. lend�shaD not {;,;-r..�; �:.r _ _ -
<br /> + ' be required to commenee proceedings agatnst any successor in tnterest or rzt�se te e�en� tGrte fiu paymertt or otheswise _
<br /> mod'ify emortfzaflon of the sums secured by thfs Secutity Insbumer�t by reason at any Qamand nrcade by the odgbiai Borrower or s�,r ....';;,*�„.;,�°_���_:
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<br /> • Bortower's suecessois in tnt�rest My forbea�artce by Lender in exer�is3ng an�rlght ar.�nedy shaR not be a wehrer o!or '�'` .�';''�.;'w��i�J��'Y�r`"�,.-
<br /> . pre�9ude the exercise af any d�t or r�med�. .',•:...�'�#?.s:�:::;,;•i-�~:::
<br />_ 1� �uecet,smvs aa� ��� Bo�a�ne4; .dofw4 amt9 Se�Owat t��'t63� Ca�sigaaers. The covenants and :,:,:��a�':�';..- ��'
<br /> _ `� , . � agrPeanenis ot this Seartiiy InsUUtrt�nt sRaO bind and benefrt the suc��ors and asslgns of Len�er and Bomower.suDjeci to the ���`�'t{ .. , ,. �
<br /> ' ;.,. provtslons of paragrapfi 17. Bonawe�a covenants end agrpemente sha11 be joint and severaL Any�Borrower who co-signa t11is ' • ,
<br /> .� . - Securityr UstrumeM but daes not execute the Nete: (a)is caslgning this Secu+ft�InsWment on(y to martqage,grant and convay . : •
<br /> � that BortowePs interest tn the Property under th�c�rms of this Seauity Instruman� (b1 is not personatly obigated to pay the '��:r;�`
<br /> � ' � ' sums sewred by thts Securfly insUumen� and�(c) a�rees that Lender and eny other Bortower may a�ee to ext�d, modily. • � ' �
<br /> ' ,� ,'� , loibear or make eny accommcdatir.eis wnh regard to the terms o1 this 5ecwily InsUUment ar the Note without that Botrow�'s � • .'��h-'t;,."' "
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<br /> 'r �fA; • •:�'�>>'i� � 13. Lo8t1 CQtttYgAB. if the fcan secured by this Securiry Instrumenbi� subj�ct ta a iew which sets meximum toen �'-
<br /> � � �1, � � � charges,and thel t�w is ftnalty interpreted so that the interest or other laan�cHarges aall�ated'ar tn ba cafSeot�d ih connectlan 4
<br /> j � � wrtb the foan excesd tNe Rertnftted Ilmito,then: (u)�any such foan chargo sHaD tle reduced by the amount�necessery to reduce � ,
<br /> , � the aHargo to• the permftted Omit; end @)any sums eheady.coi:ected fram�tlafrawer whtch exoeeded penn:ned(6nita w�l be 1�
<br /> retuttdtrd to 8ocrowBr. Lender may ahaose to make this retund�tly:reducing the prin�pal owed unQer tAe Note ar by makfng e s• • ' . . •
<br /> � dhect payment to Borrower. it a mTund mduces prtridpal, tMe �ediicUon wi'�be treated as a partial prepaymeM wHhout eny !•
<br /> �� , • prepayment charge under the Note. j � �
<br /> s ,. ' � 14. NotlCe9.My noUee to Barrawer provided for in tbi9 Security Instrument sAaO be ghren by de�veHng il or by rt�Ting(t : . '
<br /> ;'F ' by flrst cfass mail unless appficablg tew requlres use of enother method. The notice shall be dUeded to the Properiy Address .
<br /> .a. or any other address Borrower deslgnates 6y notice to Lendrr. My notioe to Lender sHnS°tie given by fust dass mail'ta '
<br /> :a. �, Lender's eddress steted here'�n o�eny other address lender designates by noUce to Bmrawer. My notice pmvided fof in this �
<br /> ;I S t,'�•. �• .. •°• , • Secuttty Inabument shall be deaned to tiave been given to Bomower ar Lender when giv�n as�rariB�d in ihis paragraph. t
<br /> `�"""''� 96. Gavattttiltg latw,,�rqrebillty. This Securiry Instrument shail be govemed trr� lederal Ww and the faw of the i
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<br /> '. ' r �� ' ts tocated: In the event that an rovision or ciauss oi t,^;� S Instrument or the Note �
<br /> _ ± . :�:r,:.�r�. , . judsdrodan�which.f?cp Pto9�'�t Y P ��LY .
<br /> ` ` .. � con�CGs w'4+h L�is�laa�,s�alt eanfli�l shr�lt oot aftect other rovisions ol the3 Sea�it� tvr�^�.x�;,ent ov���tote wh'.ch can 6e �
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<br /> ' ;;�� • ' . �eftect withoui 4ffe can.�Ti+�ng{,qiyisIon.Tu[f:is end the praristons of th�s SerJrrity fn�irui�l and Ute PJate are dedm�ed ta ` . <':,,:,. ' •
<br /> �`. � tre�IeteEle. • . , ' �:�::i:;�t';': • '
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<br /> �; , 16. Borrower'9 Cmpy.t3'r.+�dvra sAeU ee given as�e cr:nfrsrtned copy o!ffie Note and of this 3ea�i�y;lii�trn�Y. . ; ��;' �.
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