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<br /> ' Nc fn c:ficc:t.I.cir.l�;c�lll::_r�i;:, u�:�nrzil r,:taln�hcsc p.�yuicnts iiti ti la�,s resc�vc ii� lic:u ��f' ntutit�c��;� iu�,irunr.c. les:.:� r��.crvr � ,..°r'p"�
<br /> payn:cnts�iiay nn tou�;cr Itc rcc{niicd,ut ihc uption uf l.cn�lcr,if mUng.�Z;c insur�:ntc�:��vcrayc(in tl�c�w�uui►t and for �hc p�s•iod ...�••_;,.,-== -''"��'
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<br /> r.3ii�= ;,_..��,,'._.,)1--i ---- —
<br /> Y--'��;:,j;i;�.�t,::: L., that LAndee rcyeiircy�p�v.�vidcY.b Uy cm insu�•er npprnvcd by Lcndce again bccomes aviceilab➢�nnd is ontuiizcd. i3orrovrc►sl�all pay -��°a-�-=°--
<br />��.'.; •l , • ' tha pe�ml��ms rcquircd to malntuin mm9gn}�c insurattc�L in effcct,or to hrovidc n lass ri:scrvc,until the rcyui�•ement!'or niortgagc ���,�,.•-----
<br /> =�""'°`�`°�`"'�"�= insur:ance ends in accnrd:�l�cc wiQ�uny writtc�n rgrccmcnt bctwcen Borruwcr and Lci�d�rm•upplicubte Iciw. -
<br /> _ r .'�':'•`'''�`•"'�" 9,Q��s alon. I.citQer�yr its u ent m:� nuilce reason�ble eiitries u un and i�i+ ect�c�ns af th�: Pro ert l.ender shall �ive
<br /> •-.•
<br /> .. 6►�� F Y I� P P Y• L ��_ .��s�;�•1�. ��
<br /> ,o.t�w_ �.�c�y�:�� � Hurn��vcr noti��:ut ti�u Ii�au uf ur p�iur tu uu im�ctiu�e apc,�iPyiug��atiuUUUIB Cuutit�Di ih�in.rpe�:iioi�. - --- ---
<br /> _ ��*-�.. l0. Condemn�tlon. 'flte pr�xeeds of nny nward ur clnim for dumag�s, dlrect ar..�ansequcntinl, in com�ection with :�ny �,
<br />�� '"-`:m '." caiidenmation a�uthcr t:�king <if any part of the 1'roperty, ar fur convcya�ccc in Gcu Uf condcmnation. ure hercby atislgttal and =�-----
<br />�' N:�� � r ' . shall bc puid to Lcndcr. �`' 1n,�.-J-
<br /> �;� : ' in Ihe cvent of n total taking of lhe Pmperty,thc proceeds shall be appliecl to the sums scsurcd by this 5ecurity Instrument, ��., ; _�
<br />.t . wliethcr nr not thcn duc, with :ufy cxcess naid tu Qorrawcr. In thc cvcnt of u pnrti.sl iaking of thc Property in �vhich thc fair ��r,^:�-_-----
<br /> ��.�•• " '= • market vnlue of�Bo I�ro p cn y imuudintcl y hefore thc t.►kin g is e qual to ar grcatcr than thc umount of Uic tiums secure�i by diis �_='-�-`�---
<br />`- ` S�eu�it insirumcnt imm�vlinlcl bcforc tl�c oukiii�,uulcss Borrower u��d Lender othe�vise u ree in writin ,che sums secured b ''-�'°` -
<br /> Y ?� b 6 � y �,�-:-_ • <-_
<br /><>:��` � �i this Securit Instrumeut shall be reducecl b the amount of the roceeds multi lied b the followin fraction: (n) the tatal �-�°--==°-
<br /> Y Y P P Y B ,,,�..-;.,;�,.,�
<br />- ` antount of the sums sccurcd immcifintcly bcfore the taking, divided by (b)thc fair rnarkct valuc of the Property immcdiately �<:��:�.�s�;-:-- -
<br /> 1 ;. . beforc the taking. Any balnnc� shall be paid to @orro�ve�. In the e��ent of a partial taking of the Propeny in which t6r. fair � ��-.��',�_-�
<br /> � market v;�lue of thc Propcny immedintely bcfore the tuking is Iess than the amount of ihe sums secureci immediately befare the �.�i^�-ti''�=`�"-'
<br /> • " taking,unless Burrawer and I..ender othenvise ngree in writing or unless applicable luw othenvisc provides, the proceecis shall ��•�'���?�'�'`��"
<br /> 4n-xv�+_—.
<br /> '' " be npplicd to the suins securcd by this Sccurity Instrument�vhc�hcr or not the sums are th�n due. „7';,�W�_�:�:-�-�
<br /> �• � ' If thc Property is abandoned by Horrower, or if,aRer notice by L.endcr to Borrrnvcr that thc condemnor offers to make an :, .'=,_.�����_
<br /> � a�van-i or setde a claim for da�nages, Borrower fails to respond to Lender�vithi�30 days after the date the notice is given. �" ��_----- -
<br /> ,•.'�"" _"'e"'u,'�.
<br /> . ,..
<br /> �� Lender is authorited to collect and upply the proceeJs, at its option,either to restoration or repair uf die Propeny or to the sums „u—���"°°`:
<br /> ' secured hy this Security lnstruinent,whcthcr ur not then duc. -•`'�5
<br /> Unless I.�ndcr and Borro�vcr othcnvisc agrcc in �vriting, any application o( procccds to principal shall not cxtcnd or � ���U
<br /> 1,4+_.�.
<br /> (� postpone the due datc of thc mc.nthly paymcnts referred to in paragraphs I and 2 or cha�ge thc amount of such payments. __W
<br /> 11,Burro«•cr Not Releascd; forbcarance Qy I.cndcr Not a iNaiver.Extension of thc timc far payment or moditication . �"i*�F���-•-
<br /> „ �� of amonization of the sums sec�red by this Secuiity Instrument granteJ by I..ender ro any successar in interest of�orrower shall t►`..�=�;d
<br /> not o�xrate to release the liability nf thc original Borro�ver or Borrower's succcssors in intcrest. Lendcr shall not be requircd to
<br /> wmmence procredings against any successor in interes[ur refuse to extend timc far payment orotherwise maiify�tmartization �"-'��,""��
<br /> • of the sums secured by this Security Instrument by rcason of any dcmand msde by the original Borruwcr or Borcowcr's ',�=��°��
<br /> " successors in interest. Any farbearance by Lender in exercising any right or remafy shall not be a�vaiver of or prexlude the ''��•�'��-
<br /> ° excrcisc of any right or remedy. ` ��r�
<br /> 12. Successors and �is�si�ns Qound; Joint nnd Severnl LiubUity: Co-si�ners.Thc covcnants and .igrcements of this -:.,-�
<br /> Security Instrument shall bmd and benetlt the successon and ass�gns ot �nuer ana�sorro�ver, sub�ect to the provisiuns oi �«r��Y°_
<br /> � patagraph 17. Borrowec's covenants and agrcemcnts shall be joint and severaL Any I3orrrnver whc� cc�-tiigns this Security , _
<br /> ° " Iactrument but does not execute the Note: (a) is crn,igning this Security Instrumcnt only to mortgage, gr.uit and conveS• thut ' " -
<br /> ' Borrower's intcrest in the Aroperty urnder the tcrms of this Security Instrument: (hl is noE pcnonally obligated to pay du sums �-,_' •�=-
<br /> , secured by this Securiry Instrument:and(c) a�rees that Lender and any other Borran•er tnay agree to extend, modify, forbea�or t�,. �
<br /> make any accommodations�vith rcgard to the terms of this Sccurity Instru►nent or tne Note without that Borrower's conscnt. '�"��'�•, • ..
<br /> . �:e.:
<br /> ' 13. Loan Chat�rs.If the loan secured by this Security [nstrument i�.ubject to a law which sets niaximum loan charges, �. � : �,.;,
<br />_ ar�d that law is finally interpreted so that the intemst or other loan charges collectul or to be collected in ronnection�vith the �, �
<br /> • • loan excecd dte permitted limits,then: (al any auch loan charge shall be reduced by the umount neceti,ary to reduce the charge ��,'j`h �I
<br /> to the permitted limit:and (b) any sums already collected from Borrower�vhich ezeeeded perniitted limits�vill be refunded to
<br /> Borro�ver. [..ender may choose to make this refund by reciucing the principal oued under d►e Nute or by making a direct _:,''�,�� � �1
<br /> payment to Borro�ver. ff a refmid reduces principal, the reduction will be treated as a panial prepayment without any '_,, '••�� _
<br /> , prepayment charge under the Note. ., `t: ,°�
<br /> • 14. Notices.Any noticc to Borrower pmvidai for in this Security Inywment sh;dl bc given by deli��cring it or by mailing „ � ";�t � '� _
<br /> , it by first class mail unle�.ti apnlicable law requires usc af another method. The notice shull be directed tu the Property Addmss � ��-'--=- '
<br /> , or any other address Borro�ver designa[cs by noticc to Lcndcr. Any noticc to Lendcr �hall be givcn by first class mail to „ ,; '�
<br /> ., , C.cndcr's address sGlted hcrcin ar a�iy oihcr address L.endcr designates by noticc to Borro«•cr. Any notice provided for in this � -�% � '!�'= ---
<br /> s..�:
<br /> Securiry Instrument�hall be deemecl to have been given to Borrower or Lender when�iti•en as pttwided in this paragraph. , �_.
<br /> , . 15.Goverrdng Law; Severabiltty. This Security Instrumcnt shall be go�•erncd by feder.il law and thc law of the .
<br /> � `_;• jurisdiction in which the Property is locsteci. In the event that any prmisiun��r clause��f this Serurity Instrument ur the Note , � ;_, �
<br /> � conflicts with applicable Iaw, such conflict shall not affect other provisions of this Security Instrument nr the Note which c:►n be
<br /> � given effect without the conflicting pmvision. To this end the provisions uf dtis Security Instrument and the Note are declared �
<br /> " - to be severable. ' "
<br /> ..r(�:
<br /> .� ;�� � 16. Iiorrower's�opy.Bono�vcr sha!i be given one confonnui copy uf thc Note ancIl of this Sewrity Instrument. •j�, �
<br /> 17.Transfer of the Property or a Beneficial Interest in Borro�r•er. If rdl or�r}•pan of thc Property ur any intcrcst in it �` �
<br /> � � . is sold or transferced(ar if a bencficial intcrest in Borrowcr is�old or tra�isferred anr3 Borrowcr is not a natural penonl without �
<br /> - 'O ' � Lender's prior written consent. L.ender may, at its option, require immediatc paynxrat in full of all wms securecl by this �
<br /> u Y� ` Securiry Instrument. Ho�vever, this option tihall nut be exerciac:cl hy Lender if exercise i�prohibited by federal law as of the date i � r #
<br /> , of this Security Instrument. , � ���
<br /> " If l.ender exereises this option,L.ender�hall gi�•e Bczrri�«�er ncnicr of arceleratiun.The notice ahall pruvide a period of nut � �•
<br /> , Iess than 30 days fr�m the date the nntice is delivered ur mailed within which Bormwer nrust pay all �ums ,ecumd by this � �� � �,^j
<br /> ��'� Securiry Instrument. ]f Bottower fails to pay these sums prior ro the expiratirni ot'this period. Lender may invokc any remedieti i . ��
<br /> permitted by ihis Security Instrument without further natice vr demand on Bormwcr. � ,
<br /> 18. Qoreon�er's Ri�ht Qa Rcinstute. If Borro�ti•cr mccts ccrtain rondition�, Burrowcr �hall licn•r thc right m ha��c � . .;�
<br /> ' enforcement of this Security Instrument Jiscontinued at anp time pri�ir to thr cadier ot': (al 5 days (ur�uch other period as I
<br /> ' :spplicabte law may specify for rcinstatementl before s.dc of the Property pursuant tu any po�vcr uf salc cuntaincd in this �
<br /> , • Security Ynstrument;or(b)entry of'a judgment enforcing this Security Instrument.Those cunditionti arc that B�irrowrr: (a)pay> i d,�
<br /> _ '� ' L.ender all sums which then�vould be due under this Security Instrument and the IVa�e a,if no acceler�dion had orcurrcd; (b) ! �� %
<br /> - c . " cures any default of any ot6er cuvenants or agrcements; (c) pays xU cxpenses incurttd in enforcing this S�tiuriry Instrument. � N�
<br />- -' --__-,..-_-_.,--,_ incl«dino. huc nnt limieed to. rer.conable attomev�' fccs: and(dl takes such action as Lcnder mav rcasonabh�rcauirr ro a„urc '. �
<br /> —�
<br /> � that the licn of this Sccuriry Instrument. Lendcr`.rightti in the Propeny and Borco�vcr'� oblig:�tion tu pay thc tiU1115 >�rurcd b}• i �'�
<br /> s� � this Securiry I�tstrument shall cuntinue unchanged. llpon rcin�tatement by Burro���er. thi.r 5erurin� Instrument anJ thc ��
<br /> � � obli�;ations secumi hercby shall rcmain fully effective as if no accelerstion had or�urn�l_ Ho«•eeer, this right to min,tate.hall . °
<br /> not apply in tlu casc of acccicr.�tion undcr paragrapli 17. �
<br /> t9. Sale uf Notc: Chan�;e of Loan Scr�•iccr. The Note or a partial intcmtit in the Nutc ltogethcr «ith �his Scrurit}• j
<br /> � „ Insttumcnq ntay bc�old onc�zr morc timc.��•ithout prior noticc to Bornn�rr. A>alc e�iay� mtiult in a changc in thr entity �Mnu��n • � . ,
<br /> �• as the"Loan Scrvirer"1 that cullccts�ttonthly p�ymcnt�Juc under the Note and thi�ScYUrit�• [n.trur�unt. Thert al,u may hr ane ,
<br /> �� ur inc�re changes oF the l.�an Sen•irer unRlatal ti�a.ale uf dte Nutc. If thcn iti a r6;ingc i�f thc L��a+i 5rr�•ircr,B��rrci��cr«ill hc
<br /> �; ;� Ei��en�vritten nuticc of the rhange in a�tiY�ni;in�ti�tiith paragraph 1-i aho��r and applic�blc la��. T!u notirr�eill .tatr ihc nama and
<br /> ' a�idress��t'the new laian Sen•icer and thr addmss to �chich paymrntti.h��ulJ hr m:�dc. Thc rn�tirc��ill al�u rontain an} ��thrr
<br /> - . infonnation rcyuir�til by applicabl�la�v. � '
<br /> 10. Harardous tiubstnnces. Lurnn�cr+hall nut rause i,r pem�it thr prr�en�r., u��,di�p��.al, titor.icr. nr rclea,c of am `
<br /> H:�anlaus Substa�urti un ur in thc Property. 6orn���cr ,hall not du, nur allu�� :�n�un� i�br tu uu, amthing atf�titing thr
<br /> � � Pmp�ny that is in vinlatian�,f am•�m•imnmctttal La��•. Thc prcccding t«„�rntenres.h:dl ni,t appl}• tu thc pn�cn�ti. u,r. �,r � : i
<br /> .• �� �tur.��;c on the Prvprn)• uf�mall yu:unitic� of Fl:vanluu� Sub�t:m�'�. that arc gcncr.�ll� r�tugnir�Y1 t�z hr appr��priatc t�� nornial ,�
<br /> , residential u�r��anJ ti�maintcnan�r i�f thc Pmperty. '
<br /> � �.i��.�+a Form 3028 9�SQ �
<br />
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