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<br /> . . 7 Protectlmi ot Lender'a atgRta in t�he Fraperty. �t earraurar tana to Rertorm ���� ��'���_�,«;
<br /> ` ��. : thts Se�u'�►�sti�L ot tAere ts�tapal vlcceedtn�that may s��R�tnt�+oBect t�aor's�fphts tn ttca Rrope�tY isucfl ns a pra�d8�p 9� 4" ,-:�.
<br /> �' ` g�qicy.pcabtt�tar can�n,ar ta�fe8uro a:ta antonce�ws cr regufalions�then I.en�may da and pry 4ar whai�rar(s nx�as�Y ` . • .':��' .
<br /> _., ;.: •...•�. :: . � . to D�t�'v�lto a!ttse►Rroperty end Es2d�s c�hts tn iRa Ptap9rty. I.sndeta eetions may(neLds pnYhg u�y aums aaeuc�d tiY a Qm� � ` ��i:; � -
<br /> � r.�' - which has Pric�y Ov�tht9 8ec�ri7(ns�aQ�Q b COUti DaYic�raascnYbi�BCOm�t¢es enQ en�tng an Us PropeRy�m i k e _ s�,�•,_
<br /> . �PaFa. .Aahaupn t�enQer may mke aciton unifer th�parascapA P.�mda�r doss not haw to da sa. .. r��. ��
<br /> -` E ^� ll�y uno�d��ursad Oy I�nQer w�dor 4�IS par�i�ih 7 eha!brcom�addttontl QeDi at Ba�raxrer saCUrod bj►thts Saotrfi4►� . � � -� .�
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<br /> =,,� ° • ' iJniett Borrawer�rtd Lort�er it�to othar ts�s ot paytr�t�th�sa amounb at�iA bear�hte�est from th�da!s of dtabursemen2 tt ttw Mote •
<br /> , .." ��nd sYu18�PaY�b1q wN�t�es�uAon not(c�Uom LfnQar ta Bartowr nqu�sVn9 WY� ' . �, ,.�, .
<br /> '� .��:, :���°�; e. NtaRg��a tnarance. It tanoar �aUeo�w nsuraac..s a cona�ion m rn�p 4n.ccan a.a�a b�► w. sacuraS► .
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<br /> - - . : . . tn.,�um�8ar�ow�s stst�v$Y�oTe���tred eo rauiitain t�a�a0g i�sivancs b e�i�br�r►1f�eeson.tta rrtoR�hsurance . • ,.. `4.•
<br /> _- ':, ' .�r^-�- cowaNW�r�quira0 by L�nder I�Faas ac caa�e!to bs h ofheL Barr6xr�sha9 pay ths pcernlims�Qutead to obtafi ca�►a�!aubstsnBaSg . -•
<br /> ; - equrrarent to ttte mort�e h�e vrevt�sty i�eEect.at a cost suDsi�►tta�►�quivttent to 12�e cost w eorrower nt 4h�m�e hsu�anae � . ,:
<br /> � • �-� �
<br /> �, . ` .- s;'-. , pseybusly tn e}tect.kom aa aAemata m+o,tga8a hs�ua eDP�Ved OY��a►• tt SaDsffinUaIIY equtvatent �r,crtQaya tnsuranCe cawra�fs not� i � �
<br /> -' :: ��< ° � avagoytQ.�orrowar sfial OaY to i.ender each mon4h a sum e4ua1 to oaatwe&th of 8�e yearty mo�ape insurance prom1im bei�Pa��Y .-
<br /> � ��: �, �.. . , Bar�nwer when ths hs�ance co+re�a�e t�sed or ceasod to be in�Hect Lend�vrID aa�pL use�0 re�tP�ese paf�is es a toss � �. . ,
<br /> `� . , . ' . --�en�e tn Geu af moA�aSa hsutat�ee. Loss�resenre PaY��may no Ionger be raquired. at the oDtton of I.ender. B mortQsge hstuanCS •F: ,,.
<br /> � �� • � coveraQe M fBe amaunt ena tor the Oeriod that I�der rafi►ires)Provtded b!►ed TnsuBr ePO�ed by lender again 0�ava�abb end fs . . . :.
<br /> - :..F �:(' : 7� • ob2aheQ. Bonoxrer StEaH PsY tha Oremlums reqtt6ed to maMaUt mot� h3uranCa (n ef�ect. or to Ftovid� a foss tes9rve. etnf9 tAs • �
<br /> . requi�ament Por moRQaQe insuranea ends tn accorGance w8b en1►wr8ter�e�eeR�¢nt betwe�Bartawer and tenQer ar eDpUcabi�taw. .� : . �.
<br /> . . . �.1rtsj9CCtI011. Lettder ar RS 8gent meY rt�eko reeson�fa entrie9 t�on 8nd hsyBCNons.at N9 Frop�ty. 6endet sha9 Qiva Bortowet '`c �� _:
<br /> r ' - , noLice at the time ot of R�or to en fnsPeclS�ore specYyrh9�aasoa�,lle csuse fur the insyectton. ' . . .
<br /> • � 10.Candemnallan. The proceeds• of eny a�nrarc:' Or ctaim for dart�ages. dtect at consequentk�l, H connectlan wRh any ; . . , .
<br /> _ . � • . . _ conderta►ation ar otlrer fakh9 a�►Y Part of the PcopeRY.or tor camreYance(n fieu ot condemr►attne.ere har�Y ess(p�ed and shel!08 P�d . .
<br />- � to tsr►Qer. , .
<br /> • " t' •,' � In ttts eYat�t ot s total mkktg of the P�oPenY.the OmCeeds sha9 be app�d to the sums secutad bY this Seour8ll instrume�L w�ethes or ... ' .
<br /> � � • not then,�a,w8h enY excess�Id to Bortower. tn tne ever►t ot a P��W�e PropertY b whirfi t�o tatr msAce't val�a ot the Property .. ' ,` ; ' ` , "
<br /> -. . hurndfaffity beto►e tha takh9 L�ual to or pr6eter thsn tha amount of tha suma secured by tAts Secur$f►fnsCur�st�+mediataty befora tfie � _ .;F. }: :�: ,
<br /> ' :: ,�� •. � ffifcinp,untsss Borrawer and l.ender oth�vrLse e9��+writsn�.the s�ar�s seaured by this 8ecurBl►Instrument shaU ba ceduced by Ms amoun! ,,
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<br /> . _..._.. . . �� ot tAe ce9Q5 mu Qed the to�w Uacflon:(ej tA9 tOf818m0unt of the Surtts 6eeuted honeQf�te�t betote ths f8[BnQ�dMd80 OY e
<br /> -�- .-�;_:'-�-----=�=�--'-. - --- -��----.,.—��-��--- --� � . ... �. _.:,,,,... '.
<br /> _ �� �r .... - fa�r m&Acet vefue of the ProPe+�Y immedt�-h�6eTo�ilt9 Tskin�.Hr(ylisl�it�c�sheD be-Oald"to-BomOwer.in!fie ev6nt cf a De�-�►�-oRttto - --.. .-�...,,..--;,-�. :�%�`,
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<br /> - ' P�oDerty h whtch tAe fair merket vaiie ot the�Praperty Unmedtatety before the taktnp(s less thsn the emount ot tAs s�secured immedfatefy -. . �==,✓
<br /> . - . . bsfora the tekinD.untess Bmrawer and L�der otheiwtse ap�ea(n wr8in�or unisss eAPficabte faw oth�wise Provides.i1e Pmceeds sha9 be � -
<br /> • . . � .. appIIe�to tha sums sscared by thts 3ecurHY insCUment wt�ether or�o!the sums are tAen due. .:'-�
<br /> - .. '..: •i t t h 0 P r o A e�1►L s e b a n d a n e d b 1 1 B o�F o w�.o r g,e f i e r n o t i c e b y L e n d e r t o B o r ro w q r t h a t tfee condarmot oifers to make en award or settta '�"•��e`•
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<br /> -,-� - • , - a c1eYrt for demaqes.Borruw¢r ta�to cespond to Len6er wHhin 30 daYS a8er the da7e ttie noUCe is yhrart.Lender is authortx�'to coIIect and - . - � '
<br /> ' BPa H t he pro e e e d s.a!Hs opttoa,e9h�to restoratton or repat ot th0 Prope+ry ar to the sums 5ecured by thfs SecurTy(nsWment�whether ' ' ':' ;.
<br /> :� ' .
<br /> �- x . or not then due. , .,
<br /> � � y''..
<br /> Untess Le�der anE Bomawer othecwlse agree tn wratnQ. eaY ePAACat►on ot preceeGs ta pdncipal shaD noi extend ar postpone the due , �
<br /> � . date ot tha mbnblty payments rsterted to b pareQraphs t end 2 or chanpe the amaunt of sucfi paymenta �� :.�,
<br /> 11. Borrower Not Released:Forbearan�e By Lender Na3 e Walver. �aenstan o� �e �rrie tar paymene or . ,.x, .
<br /> . ' � . maditicatton of artwrUzaUon ot the sums sacured by thfs Secus�y Insuumant granted by Lender to any ssuccessor in tntemst ot Borrower SAeD '-��• •
<br /> � � c�ot operate to reiease tD�e Gabilly of the artgTnel Bortawer or Borrowers successo�s tn tnteres� tAnder shaU not�a�equtred to cammence `;�" �
<br /> . . . ��,.
<br /> ' . proceadhpy eQa�r►st any s�x�ssar tn interest or retuse ta e�dend th�e Tar paymen3 ar oiherw(se moQ�y amocft�atton a!tha sums secr:�ed by
<br /> __ :.. . . ... .._.....__ this Secur�Y(n�CUmenl Dy raason of erry Qert�and made bY the odIIhai Borrow�ar BorrOwets suaeessors in hte�L Any terbearance by :
<br /> _ . , .� Len6�r in�mrcis{np any rlghi or remedy sha0 not bo a waiver ot ar preclude th0 exerctse oi amr�ht or remady. . :�r.:�- �,
<br />` � 12.Sueceasors and Asaigna Bound;Jotnt and Seveael Ltebllity;C�-signera. 'rne covenants ana e�rea�ts of � ���:
<br /> - • �� this Securdy tnsbument s!►a�bad and benefit the successors end assigns of Lender a.�Bortowar.subject to the pravlsions of p�rayfaph � ��•�. �-���-_ :
<br /> � :� : �� 17.8orrowefs cov�ents and a�reemenb sha0 be joint and sevaral. My Horrawer v�ho co-si�ns thfs Secutdll tnstrumartt but does not � . ---
<br /> • ' � e�ceqite!he Not�(a)is co-signhp thts Securiry fnswment ony W mortga�e.qrant.and convsy that Bottawe�s hterest Tn the Praperty urtder _ _
<br /> . � , ' the terms ol tt�is SecurUy fnsLrunfen�(b)t s rtot pOrsOn a R y O b fipa t e d to D SY t h s s u m s S e c u r e d b Y��S e C U f d y t n s tr v►n�n L'e►�d(c)a�e a s t h 8 t _ -,,--
<br /> - • ' I.enOer a►sd aay other Bomawer may 8�ree to exten0� mod�7y.tarbaer or make any eccommodatTOns wflh resard to tertns ot tNis SecurHy . .k. � �„�,,,
<br /> ` � Instrumant or the Hota wBhout thet Borrowers consent ` � � `��`a*
<br /> � 13. LOtlfl Ch�l'QP.� li the(oan securea Oy this SecurRy InsWment(s subJect to a taw wt�ich sets ma�dmum Wan ohar�s.en4 that �,'; � '"'
<br /> ' � � taw Is tlnaffy tnterpseted so tnat the fnte�est or othef toan char�ges coQecmd ar to be coQected in cannecNon wM tha ban e�esd the . •.:�,'� '
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<br /> ' � '_ , permRted Tm:is.then;(a)eny sucb toan charges sha0 be reQuced by the amount necessery to re d uce t he c harQ�W t h e p e+m H t e d Q rt►C e n d •• �:--=__-
<br /> - • � (b)eny sums eteady co0ect2d irom Bortcwer whlcb exceedad permRted UmRa wiD be�efundad to Bortawer. Lende►may choosa to make .,�}`R,
<br /> ,� : • . � this refund by reducinp the D�cipal owe0 under the Nota or by�akinp a direct payment to Borrower. It e reltmd reduces pnc�ipa4 thp , '
<br /> . . - reductton wID be iteated as s paRial prePeYment w9houl eny OrePayrt�ent chary9 under fhe Note. ,
<br /> �� 14. Noticea� My nodCe to Borrower provided for in Nts SeCU�ty tnstrument sha0 be gNen tiy de1N¢dn9 S or by matllnp R by ffst � �
<br /> � - � �ctass maU unfess applicable taw�quires uso of anofher methoA. The noUc9 shao 4a dtected to th0 PropeRy AQaress or any ather aQQress : .
<br /> `� • Bortovrer desi�atos by nottce to Lender.My nottce to Lender shao be pfuen by&st ctess ma0 to Lenders addrosa stated h�pin or any
<br /> �• � �" other aQdress lender designates by not(co to BoROwer. My noUce provided for in this Security tnsfiunent eha0 00 Qeemed to have been � :
<br /> ' _ . pt�ren to Borcower ar Lender when¢ken as prav1de01n thh pareQrsyh. •. - _. •
<br /> . • ; . �.. . . 16. Qoveming Lnw;SBYQisblllty. Thl9 Sacw�y(nsUument shall b0 povemed by fed9ral few end the frt�w a1 the ju8sdlctlon in -.
<br /> ;tr. x �. � whkb the PropertS►is bceted. tn th0 ev�t tfiat sny provisbn or ctause af this SecurRy InsUumen!ot the Nota confi'cts w�appUcabie�w. .
<br /> �.. ' � sucA confQct ShaD not ailect other prouistons of thts Securdy tnsUument or the [Vote whicb can be qiven eHect without the contfcting '. t ,
<br /> r' �� ' . , pr�vlsion. To thi�end the provtsions o11hls Securny tnstrument end the Note are dealared to be severabie.
<br /> `+ � ` ' ` �'� ,. 18. BOTfOWB�'8 COpy. Borrowar shaU b0 gtven one confofined copy of tha tYOte nnd of this SecurH�r Insbum�t , ,
<br /> � �r� � - � 17.Trenater ot the Property or e Benencial Interest tn Barrower. If aU or eny pa�t ot fhe Properly or any tnterest In ' ,.
<br /> � ,. � � _ tt b sold or transtert6d (ot H a Oeneficlat inteiest b Borrower Is sotd or transierted and Borrowet is not e netural parson)wRhout Landafs .
<br />- t� .� .. pAOr whtten eonse►►t,I.endet may.at Rs aptton,requYe tmm¢diate payment(n NO of a0 sums secured by t h i s S a cu r E ry�ns tr ument Howaver. � . ._
<br /> . • � thi�optton aha11 not Oe�ised by tsnQ�M ex�ctsa ts prohbRed by ieQeraf Isw as ot the date of thb Sa�wr�yr fnstrumen� �
<br /> � (f Lender ex�clses thts opt�en..Lender sha0 yke Boaower notfce of aceeferatton.The noitce shatl provlQe a period of not less than 30 F ' -�
<br /> �� : QayB tlrom the dgte tha not(ce�S deIIvewd a matfud witAM whicA the Borrow� must pay ell sums seeured by th19&ecurity Instrument I( � ':
<br /> 8y8
<br /> • . � • ; , � � •Barrower fa1Ls to pay these sum9 pBar to the e�iratlon of this period,Lendar may hvoke eny remedies parm�ted by this Securiry InsWment j .
<br /> . withaut tuM�notice or demand on Borro�ver.
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<br /> • � . . � Ptp�3 0l S form 3010 C/CO
<br /> ' . , .. F/029.LM0(10J0�) ' .
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