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<br /> - �ti��'��`�``��' su5star�tiaSlY�nivalcnt moit�gG insur�na cov�age is ua nva.ilable.Borcow�r pay to[�dcs eacfl montt�a sum t�uat to�'��: .�_
<br /> -� � �-�'� y�::= ' on�twelftb of tf�ye�r1y�mn�ga�e insnrar�pm�ium b�9ng pai�by I�orcawer w�en tYte iastu�ce aovgragE�Iap�d at a�s�tv � . .---
<br /> -�� ��....
<br /> �•.� �,���_ be in effect.Lender�vili a�cept.use�l retai�,these pay�t�ts u� a loss re�rve in lieai oF �n�rtga�e �+:��r.�^. Lcsss c�s�rre .
<br /> _—�`�`•.'"-`� p3y�tents ntay�no lan�rr Fsi res�ii�.a�t�e�sption of t�ler.�f�.at��ag�ins�aoe ca:erc�e f�4.�a.*�;snt�ffor����` :
<br /> �: -� �' that Leffiter re�a}r��Provided by am instsr�r agproved by Lender a�aui 6ccames avaaL�b'•e.�f is obtainett.t�rrower shat!p�t}� _ . _
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<br /> -��w..���:*,�e, . , tfte pmmiums requir�i w mni'nmin�artgage insurance in effecR.or to provide a Eass resznre.untIt,t��recp.aireax�t far�artga�e , . — _
<br /> _ __ '<,� . insurance ends in asca�datxse with any writtem'ugtzeme�6etween Borrower aud Le�er or apgii�ble 12�r.
<br /> - :�� 9 Ia�pefitioa.Leniier or ies ageat ma�ma$e reasonabls en�ies u�n and inspcxtions of We F%perey.Lendef s3ra11 giye .
<br /> 8nrr�duer.�odce at t6e tima gf.or grior to an iaspectlon spedfying twasottabt��cause for�tbe insg�sxion. . .
<br /> �'`�,.��.�`. t0. Con��aatEo�.7Yi.,proce2ds any � � -
<br /> �:;=.-� _ ._ .. �.� � of n �rd or clann fior da�na�es, dire.et or oons �d�l. in.aqimec&on with an .
<br /> '��`�if,/L��c��E�;r' , • ,
<br /> _-__ candem�tation or oth..�r ta�ing of any p�R of the .or far coAVeyance in lieu of coredema�Eion,ar�C�eaeby as..�gnet!aud
<br /> ` -'�`� �T;�'�' shal!6e paid to I�nMx. �
<br /> --. ''-+«=�k.�,�==z.> ' Ia the sve�of a total taking of the property,tiie proceeds'shalt be appiied to the s�*n§seeured by�tDis Secariry Insnumenf, -- ..
<br /> ���;.":'"-- G _ whet6er ar not thea dt�e, with aay excess paid to Horrower.Tu th;ev�of�pardal tatcing af dce Prap2rty ia vrhit�the f�ir• , -----
<br /> - �`'�'` maricet vatue of tbe immedately before ti�a ta�n is uaf to br than the araoimi of ihe sum&s�iiq tlras .
<br /> .-��-:��-r;-•.. PraPertY ' � e9 P�� �Y
<br />� ,�":;;`�:=': . ge�ity ImsGument imm�iiaiely before the taking,antess Borrower and Gender othezwise sgree in writing.tI�snms secvred �
<br /> �a ' ��S �,�`� . dus Seivrity Luvuu�ent sl�af� be reduced tiy the amount of the proceeds mutHplied 6y t4e follawmg fraCtion:`(a)th�tota! ' ,
<br />� -_ ;�-� arsousst of!I��-se�*r�immediarely 6efnre tIie�g.divided$y(b}.the fair markei vhtuE of t�Propetty imm 'a eiy
<br />�� u+ � � `; before the ialong Any balance shall be paid to Borrower. Tn the eveut of a partiaC�aking ofthe�rogeYty in wlush tFte r��____-_
<br /> � � ��rjf�� �{;�` �arket vatue of the Property immediately before t�e taking is i�s than tke aaaanat of the sums.sec�ned�mme�aiefY befa:e tfis
<br />- �• �,a-.>: tatd unless`Borrawer and�3er othern+i_se agree ia wnting ar untess applicable law othe►vuise provides,t�e pra�ads sI�1F
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<br /> � � • be applied to the tums secur��.ttris Seauity U�vment whether ar not the sums at�t��ea.due. .
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<br /> '� �� ��'� If thc���s a�..e.�L�;�$orrower,or if,after notice by l.eeader to Bi��szt r�ai ihh�"�r offets w mak.,.-g�.
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<br /> ,'�;�'h�:%� a�Ya.�!ox.s��a.sC�:,_w f �.,�- ��er fails to �pond Xo�� arirlci�,3tk da �a`�°'�e the t�otice�'��t.- �;=
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<br /> _; _ _ �� ��"``''j`� I�ci�cr i�autS����..,��cs�c�x�.:.�,�3P�aceeds,a�i�s c��*�'a-���o restnr�oiior tsepa#s b����',�''�'s�'F"�*.=x�r�sr.� '
<br /> ', '-4�����tl , St7�L.' ���3�1�11�+`�"^:•'��G.W31:1?�14"�n'T�'1°`.�$F,�AOI�ICB T�.,: ': ti._ ,. t : . '` - yt•: £�, '
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<br />- �''" �" � , : �.'L1�ss�n�t .�..�3'�c.�cszr�z�� �agree in wri��g, anY a��zration of prooeeds ta n±ans�ai�shall Qat extenc���. .
<br /> " ` ' 'P'��Pone t�.���;�of tHe moUt&Iy PaS�a:�:+=4eferced to in paragrap5s"&and 2 or c6ange the am�ccts;of sueh payments. � �
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<br />_ - �,. �� 1!.Bast+��sa�Not Reteased;�'ot�'oeai^�.�ce By Lea�er tliut a�9sieer.Exte�ioa of the tim;.�'ot pa�nesu or mnd�ficatios� ----
<br />� "':.�:�:�` of amortiration d�the sums r�ecured by dus Seauity I�snument Srai►ted by l.euder W any succes�r in interest of Bnrroarer sfsa!! . �-
<br /> • • . '-.;•:5�-- ' not operate to retease the liabitiry of the original Borrawer or Barmwer's successors in int�st.LCAd2F fiI73II�Oi L18 IC(ji11I0d t0
<br /> `�, . ' ""= •commence proceedings against any sucoessor m interesi or refuse to extend ti�ne for paym�at or otiierwise mndif}f amurtiia�an
<br /> _ •� �. : ����'���� of the sums secvred by ti�is Security Iastrument by reason of any demand made t�y the ariginal Sorrower or Horrower's
<br />-_�` • :.,�y_� successors in interest. My forbearance by Lender in exercising any right or remedy sha11 aot 6e a waiver of or praclade thfl
<br />=i� -_-, �_..;;.t: exeicjse�f any rig8t or remesfy. , — --
<br /> • ��,� 12. Saccr�ors and Asst� Bound; .loint i+nd Sevesal Ltability;Castgners.Thc covenants and a�reements af tlils _ -
<br /> ,�._:�
<br /> , ,�, Securiry Inswment shall 6ind and benefit the successors and ussigns of Lender and Borrower. subject to the provistoas of
<br /> �. ., �1. �,r� , para�rnph l7. Borrowec's covenants and agceemenu shall be jaint and several. Any Bomower who ea-sjgis this Security
<br /> ' ' Instrument bat daes not execute the Note:(a)is co-signing Uus Security Instmment onty to cnortgage.grant and convey tl�at
<br />-J! • •'"" ;y.4 < Bnrrower's interest in the Property urtder the temis of this Sccutiry Insua�menfi(b)is noi personalty obligated to pay the sums
<br /> • , sccurcd by this Security Instrument:and(s)agees 6�at Lender and any other Borrower rnay agree to extend.madify,forbear or
<br /> � . ' make any accammodations with regvrd to the tem�s of this Security insuument or the Note without that BomDwer's consent. __
<br />-' �,;. ,;_ � . � 13.Laao Chf+rgev.If`file loan secured by this Security Instniment is eubject to a law whic6 sets maximum loan eharges, o-
<br /> ,_ �,�._;�:.�,-�.; ' and that taw is finally interpreted so that the interest or other laan charges collected or to he collected in wnnectian wQth 4he
<br /> .oan exceed the permitted liiruts,then: (a)any such laan charge shall be reduced by the amount necessary to reduce the charge ,.f���--
<br /> _ - to the permitted lunit;arcd(b)sny sums already callected from Borrawer which exceeded permitted limiu will 6e refanded to __ _
<br /> 4�' � Bonower. Lender may choose to matce this rofund by r�ducing the principal owed under the NIote or by making a'direct = -
<br /> -7.;' ,. .. t: payment to Boaower. If a refund reduo�s principal. the reducaon w,ll be treated as a partial prepayment without any �
<br />_-�=y�,�..:�. ..�• '"s '= PTEPayment charge under the Note. _,
<br />�.� � ' „ . 14.Notfces.Any noriGe to Borrower paovid:ai for nn this Security Instniment shall be given by delivering ie or by mailing �:�� —
<br />�''` '` '� it by first class mail unl�ss applicable law reguires use of anather method.The natice shall be directed to the Fra,^.erty Address ����-" �__�`
<br /> �'J-�:�>�.,',:`� or an other�ress Bormwer desi tes Psv"notice to I.ender. Any noace to Lender shall be pyen by first class mut co :•".*�, r�
<br /> ��.'._ . .. :.-.
<br /> �•'=�'--=_'��i__�_.�'�_..,��.,� Lender's addr��.�stated herein or any�othc�-a�jress Lender designatea iay notice to Borroaer. An.�r.otice provided far iu�<.:.� �-,��`�_.-__:__-_--
<br /> _ ` �:� Se�vrity Instrum�s shall be decmed to ha«�f;een given to Borrower or i.ender when given as pro�i�S:3�in this paragraph. :: ������o�
<br /> j �R�=-,a . � 15.Govermmg Law; Severability. This Security Inmument shall be govemed by fede�sal law and the l�w of d're., ,4�, - f
<br /> ,�,��,;,-�� •�:.�, jurisd'sction in wfiich tlie Propecty is locateci.In the event that any provision or clause of this Security Instrument or the N�'e , , r,,_J`"': = - _
<br /> _ �--��` • � - conflicts with a�pllcable law,such wnflict shall not affect other provisip�s of this Security Instra..^ient or the Note which can fr �Y-�""-
<br />_ - •` given effeet aidu;ut the conflicdng provis��-�.To this end the provi�:_r.�of this Sec�riry Inst�umu�t and the Note are dec;�m�dt ' ����
<br /> , �� s•-.+;:-•-
<br /> .�.>,�; , to be seve�ab:e: ' . . . • , . �.1'• .`=N
<br />� �. ..:'� �. ;� 16.�o�sver's Copy.Borrower shz:':'ae given one wnformec!a�y of the Note and ofthis Securiry Instrument. ;..?�=��_.
<br /> �, '`r::��,•�.f� .. .� 17.Tn�t�sPer of the�eoperty or a Benetidal Intesest in Bore�ae�.If all or any part of the Prnperty or atty interest in it . . ; , '�''•' �
<br /> =--�=�rr.'x;.•,,�".., "�.� ns solA or transferred(or if a benefic�al interest in Borrov._r is sotd ortransferred and Borrawer is not a natural person)without � " .
<br />_�-' I.ender's �saos written consent, Lender may, at it�option. tequire r•;_.mediate payment in full of all swns secured by this , , , . , ;
<br /> :.;:��j��;>�, �.; Securiry Ynsm:�*.ent.However.this option shall not be exercued by�_u_r if exercise is prohibited by federal�law�s of the date -
<br />-- .�-•..-�,. , : :.
<br /> i^;��.��:.,;,.,:� of this Security Instrument. . "' _.. .
<br /> ---_--�_-=��:�r�Y " •If Lender exercises this aprion.Lender shall give Borrower notice of acceteration.The notice shall provide a period of nut . - .
<br />' �M;,�;;r�°'=�`�- � less than 30 days from the��:e.the notice is delivered or mailed within which Borrower must pay a11 sums secured by this • � ' •
<br /> i Y�f,`�":.,�,'i . Serusity IrlsWment.If Bomc.�r fails ta pay these sums prior to the expiration of this periad.Lender may invoke any remedies • .
<br />`��-- •
<br />��`��yi*,::� permitted by this Securiry Insttument without further notice or demand on Borrower.
<br /> ;�`��'� 18. Borrower's Rlgttt to Relnstate. If Borrower meets certain conditions. Borrower shal! have the right to have • .
<br />��,�`qm.;��-�--'-:�- : ¢nforcement of this Security Instrument discontinued at any time prior ro the earlier of: (a)5 days (or such other period as .
<br /> �:;:��:_�:.�.. applicable law may specify for reins�acement)before sale of the Property pursuant to any power of sale containecl in this ..
<br />=�=a�,.�:'=: _'f • Security lnstrument:or(b)entry of a judgortent enforcing this Security Instniment.Those conditions are that Borrower:(u)pays •
<br /> �4:�'-''`�`�=�' Lender all sums vrhich then would ba due under this Security Instrument and the Note as if no accelerntion had orcursed: (b)
<br /> M =�'�.'�:.aY`. '
<br /> ``.;'�.,�.�=. . --, cures any default of any other oovenants or agreements: (c)pays all expenses incurred in enforcing this Security lnstrument. •• .
<br />�� ,3�g,-... .
<br /> ,°;,,.,,,,, including, but not limited to.rcasanable attameys' fees;and(d)takes such action as Lender may reasonably require to atisure : � ,
<br /> _���a��- that the lien of this 5ecurity Instrument.Lender s d�hts in the Property and Botrower's obligation ro Fay the sums secured by : . .
<br />___ �Y :�- this Security•instrumertt shall condnue unchunged. Upon reinstatement �by Borrower, this 5ecurity I�utrument and the
<br /> �`�'��;,�y��� obligadons secured hereby shnll remain fully effecUve as if no acceleration had occurred. However.this right to reinstate shall '.
<br />--�=-- _ }�:�-.':..,, •� not apply in the case of acceleradon under paragraph 17. - � ,
<br /> -�-'�_�' =�•�=*y 19. Sale oY Note; Chenge of Lonn Servicer.The Nate or a partia! inrerest in the Note (together with this Security ,. �
<br />���'��` ` '��.�- , '�t' Instrument)may be sold one or more ti��s without prior notice to Borrower. A sale may result in a change in the entiry(known •
<br /> ���::,_ . .
<br />=��_r."�r::-;;�:;,���'; as th�"Loa,.�.S:cc•icer")that collects rttc��il;j payments dae under tf;e Note and this 5ecurity lnsuument.There atso may 6e cs_*.e • •
<br /> �r';;i °i �j:``� ��z wrir:e.��s.~otice of the��Ntin ccotdance w��e 3f thp N��ve and�a 3 I�cable IawthThe notice will st�te the name z^� '
<br /> `••.'::.:,,'.. . .
<br />--��P••' . .i ...;� :�. �° P==� PP � .
<br />�_,:, . . adoress of L'..�r,ew Loan Setvicer and t����uess to w;�uch payrr..:::s should be made. The notice will also contain any ct�sr
<br /> - ' �,.•, inlfoimation s�i:cired by applicable law. ,
<br /> � •�. • �0. �doas Suhstances. Borra���•�^shall not cause or pe:.r�� the presence. use. disFos:.', storage. or telease af�:� k'
<br /> ., ;_ �_�; .�_. �,,. Hn�ardous 5�siances on or in the Pr��ty. Borro�ver shall not �o, nor ailow anyone els� ?o do. anything affecti�� C`+: �.
<br /> • ' YCBpet[y th�is ia v[oiation of a►ry�ito�entai£aw. 'fi�e p�.�e�ii�lg iwu ac,s:crr�s�a1t n�a�1y itr ihe�;��cncc. �:s:�. �: e...,-•• -- -
<br /> s�t�rage on the P-operty of s�21 quantities of Ha�ardons 5ubstances that are ger._r2:iy recognizeci to be appropriate to nar.:�.J ��
<br /> � � �• rESidenhal us.�•�nd to maia*.enance of the P�operty. . . � .
<br /> ., ,•.: �. ,�, .
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<br /> .• •. v�s ot a Form 3022 9/�0 •
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