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<br /> !.�'!�"X�`L'�9Yi"yu�f ., . . . . .. . . i � � `�'•� , . . : . .
<br /> �n , � � sa8s?t.it��tf�1F e�ivulen3 atortg�e[qsur�cce�ver� �s ss�t�vaidaDi�.IIoreovrcr shailp��y to t�e�e�t�anmh o sum egun!to � � c
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<br /> '':��yJ �;�'. ;� � urts be�n fia b Sos�d�vc�s wt�en tE�a ins�ce cove�ge[a.psed ot c.�sl t� _ -
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<br /> �`�«�-r �,..�,�L,,r..- . �-t�zlf�i of t$�yc�r3v mtr�a�rtige ins�rene�P�• $g?� 5r. - - - ---
<br /> �.*��:���-s ----.�,��� .��e,�-�,ie[arc�_nsa��crr�;�+t�;� _ 8s tl�oss �e.ser�ein lieu of mo�� it�an�. Los� rezctve . `� _
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<br /> �_ . .p�ym�tus tina,y nn`tangsr t�e�q ulrcd;af efie on a�ader,.i€�ort�ag�•�ee cav��f,b��au�rt� •" ' . --
<br />_ � _''� that l.endax icquit�)�mvt�exT�:�n•ansui�r` ved 6y L.ci�der�.b�m�s av�ii�b�e aad is abtairaod.'Ba�uwer sEt��P�1��` �----_ ---
<br /> - � tha�ramiuirs rcquirai t�mat�st�isl re�cmguee•r.nsurr�s�oe tn eff�1t.os to provtde a toss�enr�.u�uiI thB r�quirea��fo`r.�ttgag _ _ ---
<br /> . � � '
<br /> � insurst�ends�ascaadance si+itfi a�Y writteati q�reem�nt hciween fBareawer su�d i,�r or spp9icable tacv. .. �., . - —
<br /> —_- � .. �.�p�i�s.�er or ics�t ma��e re�s��ab��euE�#�u�s a�:s��.�s►f,s.�Pcc►ge�ty.L..�der shalt�ive� _
<br /> ,�,�� .; �� �.� � BQmnwer�ttoe.0 th�.tlfn�of or prior t�are u�pect4on Fpec3tyIn8 re�onabte esnse for the mspeaton. '� � �" � �-
<br /> . I0.Cot��oa.Ths pro�eds of anjr��vurd or elaim fur da�ges.dis�et or coitsequeat�l: in r�on�ffln�ritle�esiy ,,;,�,,
<br /> ��a�'�� _; E� � .. . g _y •=
<br /> oandemn3tEon ar Q3IIer�of aay p?.K of the Pro�teriy.or for aonvey�ctae in iieu of�adetnnatfan. sue.hereby s�stg�and t�; �
<br /> �� ` '' ` � ` sfia�l6e p:�d tcs Le�hdes: � � ' ` '
<br /> _ -�-- - ' �t r►t i t e e v e a t�f a t o t�t E��o€��t+a�t i r.i t�,p s�d s s t�s!!E�a p p ll e s 4 t c t�s�m s s e s u r e d b}+tPus S e c�u i t}r Instcument. s '} �'���?:
<br /> � �v
<br /> "= F �vh�ther oz not th�n due.wit�any excs�ss¢aid to 8ortocver. In the event of u partial takin�af thc Pivperty in whic�t�e fais ; f.i x
<br /> � �-. ;a� :L-.`= ' ID3lkei Vt1I1L0 Of lR1t'.P��Cii�l 1�1�1fft21y befare the ta�ing is cqu�)to or�4er than the amount of the sums secuced"b}r tLis � �,.t� -�G=, � =
<br />�� �,�.:.�c�..�., ,...�,�_ . '��ty t��iately before the taking.uat�ss 8orrower and Lender.atflen�v�se agree in wrttins,the suFns serured by ' ..F.;^g�.H D����"� �_
<br /> u;���°.•.,"�. �this Ses�tiy Iastrum�nt sha1U be caduoed by the amnunt of the pt�oeeds tnvlti�i[ed by the f�allowing fiaction: (a)the toL31 .< �;f�,�'
<br /> 4..f. t e.
<br /> :""r;�.�",,: ..:..•� amaunt of t�e sums s�vr�imAnec�iate[y 6efore the taking divided�S (b)the fai.r marTcet xatus of thn�rogerty imm�at�y � ��
<br /> _ :, - _. :.. ;. . Y� `.s-*�c.4�'�.�-�,�r",=.
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<br /> � "-, , befais the.taicin�. Aicy b�isaee shall Ibe paid to gurrat�er. �it the eva�t�f.a partial taking af tke Ptuperty.im whicb the fair . ';�_��`:� �a.� �. �
<br /> ' ,:��.t :�'.F;a�,-1!'t� . '_
<br /> r,_.M,;.,,, � cmirkct wa�ie of ths Propertl+immedir3ely before the�ing is tess thaa the amaant of c�e sums scwmd.immediately befare the . �-: ;���.,
<br />- ��j95Tf:��� i�..�`� a _ �'••-..
<br /> r ' ��� �^ tak�ag.anl��Eorro�uer ansf Lender ot�eiwise agree in writing or urtless a�glicable law othetvviss pravides.the proceeds shalD. �',..
<br /> :�����
<br /> '~`,r , ' F " be applted to tAe sums secun�d by thts Sewriity�nstrument�vhether or aot the suhtis aie tben due. �
<br /> ��4� � ` ' If the Property is abmndaned by Bo;rocver.ar if.aRer notioe by_Leader ta Eorrower that the oamdemaflr offers c�o make an ': •:� '��fj� -
<br /> '�_ ;' ..:�s. award or sett[e c+claun for datnaSes: 6orrower fails to respond to I.ea�er within 30 ilays after the date the notioe 4�,given. .�.-,�- 'y= -
<br /> •4`.:��=`:,:�:�:_- at its tion.either to resto�tioa or repair of the Propet�y or to the snms -r;:.:':;�'a,�- __._ �--
<br /> ' f�,;„ Lender is authori�ed to,wllect and appiy the Prviceeds: op �� , �"
<br /> .3 : • � �..: secuied by tAis SecuritY tnsuamem.tvhethec or aat then due. . .
<br /> - � Uatess i,endtr•ans�Eosrower athelwis�ag� in writing, any apglidtion of pmce�ds to principal shall Qot extend ar . . ., _,.�-
<br /> f:--' .�; �'. ;`�.' � , �.,�;:-�'�`_
<br /> .�- - �npoae the due date of the inoathl�paymentv,cefetred to ia puzgraphs 1 mnd 2 or change the araaa�of such payments. ,��;�;.•.� : ,-.:-:,_:-�;
<br /> ..,. . .,.. .' . ,
<br /> °'x-��-; .�%:; :j: ` li.Burm�ser 1tlot Reieased:Forbearaac�BY I.ehder Nat a�Vaiver.Extension of the time for payment or modif�rati�n � :,. .;�,`�'�f°-
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<br /> ., :� . • ; t .: , � --��-=---� of amnrtiaatian of the sums seaued.by.this Ser�itY.Jnsuument Lender to an suooessor in i�erest of Sormwer shall --_.;--.- _-,•.,�
<br /> � . . - -- ���-�--- y-------- - ��
<br /> _ not opernre to retease the liability of the origlnal�orro�rer or Borro�ret's sueoesso�s in enterest. Lender s1ya11 n�be r�qw're8 tts�----.-----�� ` '�` �_*�-�- --
<br /> .-'� •:.'� • - ' oonomeuse Pmoeediags against any sucoe,csor in intetest or iefiue ta eatead tiate for payrner►t or.othenvise�padify ainortization `+T�:. �=:
<br /> �-��''� � ���~ of the suWS ser+ued b this Secunty I�nt by reason of any demand made by the original Borrocxer or Borrower's •_
<br /> _,,;�.:., �..- . ....'-'_: • y ::;:���_�a-.
<br /> , ; :: .,
<br /> suo�ssms in interest_ Any forbearanoe by Lerder in exe�ising any right or�y shall uat be a waiver of or pcectade the �•.;*�
<br /> -. '.: '��.�..'` o r� tor - -
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<br /> , .::::.:: ,
<br /> - . �� � :.' r ' ��;., � 1Z.f�Y �► Bn��Assf�gns Ba�d; Join3 aad$eveia! �iabi9itp; Co�slgaers: 'ITte-coveuams and ag�ments of ttus • ,
<br /> g� Co sl �
<br /> :`. , . Sec�uitg..lnstrument:shall bind and benefit the succ�ssots and assigns of lxnder and Borrower. subject to the_pmuisions of ..
<br /> , : . . paisgrapb t7. Borro�ver's covenants aad agreem�ats sha!( 6e joint and several. Any Borrower who co-signs this Security . ;:',. .,
<br /> sgra
<br /> ('�w,� ..�• Insinument buE does not eacecute the l�iote: (a)is ao-signing ttiis 3ecuriry Inst�ument only to mortgage.giant and ooavey that . . ,'';,�'.�•.
<br />_ , . . .. Borrower's intearest ia the Pruperty under the terms of this Sepuity Instmment:(b)is not personaity obGgated to pay the svms . . ,. � _-
<br /> sec�ued by this Seauity Insmimeni;and(c)agre�s that Lender and any other Borrower may agree to eatend.modify,forbear os •.:
<br />-- - ' malce any acoommad�tions wi�h regard to the teiais of this 5ecurity Inst�umeat or the Note without tlnat Borrower's oonsent. ' . • �.�;,a�+�".;
<br /> ' ' •;'� ` • i$.Loan C&targes.If t6e loan sec�ed by this Security Instrumeat is subjecc to a�law�vhich seis maximum laan charges. -'
<br />_ - aa�:t#�:tt:f�w is furalty interpreted so that the interesc or other loan charges colleded or to.be colle�e�in connection with t6e ,'.':��;.•,�'�� �
<br /> � � toa�r.�.Vfa.�d the petmitted limits,thea:(a)auy such loan ctmrge shaU be reduced by the amaunt necessary w reduce the ct�arge '..;��;�;���
<br /> . . ., to tt�:=tnerx�iitte�limit;and(b)anY sums alrady collected from Borrower wluch eaoerded ued limits will be refunded to ::,-�-��a,:;_:..�
<br /> xjs
<br /> Burro�wr�t: Lender may choose W make this refund by reducing the principal owed under�the IJote or by making a direct ,, ':'�;°i�`{?`'�� �
<br /> - ,:'�:, ..`,�', : ���•t ., paym�nt to Bomnwer. Yf a refund reduces principal. the reducrion will be treated as a P� P�PaYm� without azry •`„ ,..t�,
<br /> • ' :. • P�Y��charge under the Note. • •_;,a
<br /> • �'; �t,;;,, , 14:I�iotloes.My Qorice to Bomnwer provided for in lhis Security insmiment shall be given by cteiivering it or by mailing •, i �
<br /> :=.T: • . it 8y fi�sE olags mail untess applicable lativ requires use of another diethod.The notice shall be directed to the Property Add�ess ;: ..:' ',�'%:
<br /> - ����.:•�;:�. '•�� • or any other address 8ormwer Qesignates:by natiee to Lender. Any aorice to I,ender shall be given by fiist class cuail to -;•. '�.`i�/,�'
<br />_� �'`•��'"!�=.�-:.�:°: "•,''' l.endei e a;ddress stated herein or aay other_address Lender designates by notice to Bomro�er. My natice provided for in this •. . ''.j-!`
<br /> 1 •
<br /> >:',: S�uity I�stn�ment shall be deemed to have been given ro Sorrower or Lender when given as provided in this paragraph. , '���.' �,.:: -.
<br /> '��*�:.�y'-•��'.` � 15.Goveening La�v; Seveiahility. This Sewrity Insnument shall be goveraed by federal law und the law of[he . .
<br /> .�;:�::...:.:. . ....... ` - •: .
<br /> t •��y:;.�•;:�:•� •' ju�ction in which the Property is Tocated-In the event t�at any provision or clause of this Ser.�rity Instnuneru or tt�e Ncnie �' , � � .
<br /> :;: .
<br /> ..�:. . �`'s'�• �` • .
<br /> -•� ;�,,{, ,;� � ���app�;�bie law,such oankYict sha11 not affecx other provisions of this Secvrity Ln��rnunent or che Note svhicl��:�be . .
<br />- • ;�;�n, -•+•= . •. given effect withoat the conflicting(�+st�ision.To this end the provisions of this Securiry I�ment and the iVote a:e�xtared � '� :� • .
<br /> .,rt:..'.��.• to be severable. � � �
<br /> , ;,.�, .
<br /> "'�':�� • 16.Bocmwer's Copy:Borrower sflall be given one wnformed copy of the I�tote and of this Sezurity Instnunent. °'t: -�':�'���
<br />— ;;.,,:�:: � .: .17.Transies afc ttf:�Prnperty va a BeneSFdal Inter�st in Borrowes.If alI or any par[of the Property ar any intc.re.st in it ' • '
<br /> �'�� �� � is sold or tr$psfe�ed(or if a beneHaai inteiest in Borrower is sold or uansfened and Borrower is not a natural person)without
<br />_� ,��;� � � ` , ' Lender's pctri�writtem m�sent, Le�idear may. at its option, reqpire immediate payment in full of aU sams secu� by this . ' . .
<br /> '�'••°��-' `� Security t:�tnrmenti�£�svever�this oprian shall not be exercised:Ivy Lender if exercise is.piu6ibited 6y federal law as oEefie date
<br /> - ;:�.�,:,:.�� � .•� . : .� of this Sectirity inst�-�#: ,. � � .
<br />-� � '';�:;'�� •. .�`� • If Lender exenti��.his.option,Lender shall give Borrower notice of acu�l�:�stion.Ttie notice shalt provide a period of not. • .
<br /> �'"' ��� less thaa�0 days fraar.ti�.e date the notice is de�.i.o•ered or maile�within vrti�� �orrower must pay alk sums secured by this • -�
<br /> "�;�'-. �..;t�.,,;. Security iastniment.If l�oreQwe,•fxt��to pay these sums prior to the ezpirarion of this petii9d.l.ender may invoke any remedies � ; „ ,
<br /> ��:�.�_�,;�,;;�-:,u,� pem�iusd by this Sectuity Inswmr�fr.without further notice ordemand on Borrower. , , .':;.:,�r�h� -�.
<br /> : = •., ''`� ���� 1i3. S,ore+uwer's Right to Rrtf.�stBte. If Borrower meets certain conditions. Eo�nerer shall have the ri t to have , �;�>'�;t'�r�" ,
<br /> �',':� � .-,..:i�... Sh ,.11.,.t�,; .
<br /> enforcxment of thIs Seauity Instrumeat discondnued at any tiate prior'to the earlier of: (a) 5 days (ar such other period as
<br /> � � ;`'':.';: applicable !aw Qtay ��fy for reinstatement) before saIe of the Pmpeity �tsuant to any power of sale canurined in this ' • �
<br /> � �� ' � ' ' 5ecuriry Insnvntent:aa(U)entry of a judgment enforoing this Securiry lnstrt�.Those conditions are that Borrawer.(a)pays • • .� • •
<br /> _.s�::j,. . ; _
<br />_ -�°r.; •;�^'.'J,: .,:� Lender al!sumv whis4�then�vould 6e due under tius Security Ct►sirument��he Note as if no aoceleration h3d ocarrred:(b) .
<br />_ ;�.�,•�,.. :'.� cures s�ny def�it vf a�ry ather wvenants or agreements: (c)pays all expenses incurred i�enforcing this Secutity Instcument. • •
<br /> � �,.�;.;�� ,�.� including,but nat liamited to.reasunable nttomeys' fee.c:and(d)tek,es such action as Lender may reasonably require to assure ,
<br /> �.... ..e;y;::_:r.••_-. .
<br />__ ;W.�,_;.__,:.. ., that the lien of tius�uriry inswment,Lender's rights in the Properry and[�arrawer's obligation to pay the sums secured by ,
<br />-•:�'•i ''�"'�":'�' this Security Insttumeatt s�a(1 coMimse unchnnged. Upon teinstatertzent by Bomotver, this Security instrumeut and the , . • `_
<br />- : vsyt`:.:'�
<br />_:'; ?�;,,�-��_��,�,.-�='��•�• obIigatio�secured Pcereby shall remain fully effe�tive as if no acceteration had oacuned. However. this nght to reinstate shali _ : _ •.
<br />' ,. not apply in the case of acoeteration under parsigaph 1�. ;. .� •
<br /> ar
<br /> - �19. Sale og Not� �hange of I.aan 5trvices. The Note or a partial interest in the Note(together with this Security , �
<br /> • .,�i."-<.�-`�. `�� �,-• I�sstmment)may be sold oae or more times svithout pdor notioe to Borrawer.�sale may result ia a changc 3n the entity(known ' , • .
<br /> - ±6��-�•;.--%'�._^,�:,;: as thc"Loan Servioer')that.collects manthly payments dne under the Nace and tLis Secutity lnsuument.Thcre ulso may be one _ . , .
<br />- or more chanses of ehe Loan 5ervicer uiuelated to a sate of the IVote.•IF there is a change of tlie Loan Serviccr.Borrowcr will be. • . . .
<br /> . �y'. �.• .' given�vriE�en noUSe of the cUange io acorn�daace with paragraph l4 s}6ave and applicable law.The notice witl state the name and •
<br />-�� '7i ,,V.�: _ • addnss of the new Loan Senricer and the address to which payments shoutd be m�de.The noticc wiU also contain any other
<br /> � '• information m�uirerl by applicable luw.
<br /> , ' 20. H�.ardaus Snbstan�.Bortower shall aot cause or pertnit the presence. use. disposal. stomge. ar mlease of any '�' • ' .
<br /> . . , � .. . , �
<br /> � . . .._.. _.:_.:__ - . �a�arAm�a Su�oa t+a ia the_Pm�ty. l�innwet shall.ttnt dn_.nor allsw anyotte eLs� to do. anvthing aff��ctinR the � .
<br /> . . . . : ., -- - - -. _ , . .
<br /> ,,:. ,.., .�;:.• •. • ptopetty that is in violation of riny Envitonmentai�Law. The preceding two sentences shaU not appty to the preseacc.use. or • . . •
<br /> ` •. ;��;, storage on the Properiy of smal!quantities of Harardous Sutistaaoes that are generally recagnized to be appropriate to nom�al .
<br /> . residentiai uses end to mai�enancc of the Property.. . "
<br /> ,, . .
<br /> ° :�:•'� • . . • vnpo 3 0�a ' Fotm 8d2� 9/90, ' , • . :
<br /> . .,.... . , . .
<br /> .. . . .
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