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<br /> ' substen.tlally equivalent mortgago insurunce coverage is nat available,�rrower shall�say ro Lencior e,�ch nxmth a sum xqual to —
<br /> ---_':.,�:'.,.:�.�r� � au�-tv:elf►!►��li�e y.r�sly y�u;�tba�:�:i�um•.u�ce ti�,etwiuu�beis�g p:ud by�uf�r�<<�c��eJ�IL'll[�lC�nsuraitu:euversb�;l;���s;..l m•c�.c��i tu ----
<br />=��..:.:��3it„�,.,:,:.': be ti�:�ff��4L.I_rliilCti Vi:�!:i::ci:pt�usc,u��l rct�i►�ihc..tr�y►n�.nt:,��5 n lu:s rc-.c►v�c ic� Ifa� c�f nyo;t�!ct�c ln�;uf�.uica ie�sti rc•.ta��� -.
<br /> � tr.ry►�ts.ut:�j��.iy �iu twn,cr E::;��,i�ui►�ci.f:i tli•�tey�tlo:t af I��fuic�'��G i��tut!,,,,�.;ins���a�.c,^.c�►vc��;w(l��11�c,:utcun�t rn�i iur t�::��: ,:E::l �.�;,
<br /> - _. � e{int 1.c�tdc� rcyui��cs}p-rnvidcd by�u�i���;urec• npp;ovcd by I.c:iidcs•agaii�b;:ca.u::; nvvl�:i�lc�ruicl iv ul;Yul�icA. 2;Uriarrcr r:tiall i,:,y ` -•�
<br />.___ -_-_-�--��•_� th:premiun�.^.requir�.�i to mair►ialn,mort�agc ins�3rancc in cfFcct,ue to p��avidc a loss rscrvc,untii the rct�ulccincnt for utorsgagc -'
<br /> ins��rancc�nds in nccardanee with any writtean agreemcnt tsetwecn B��rrower and f.,en�er or npplicable luw.
<br /> ---- 9. In.�pscllon. i.cnd�r cr ft,agent may make rsasor�able entries upcm aml i�spections of th�Prop��ty. i..eiider shall give
<br /> -�----°- Borrower uotice ut thc ti►ne of or grior to on inspection epecifying rc;isonable cnuse for thc,ins�ctiUn.
<br /> 1Q. Condemn�tlon. 'Phe p.�ceeds of nny award or claim for d[�nages. direct or consequential, in conna:tion with any
<br /> -- --= condemiL�tion or other taking of nny p.1rt of the P�nperty,or far canveyance in lacu of cundemnatiun,are her�by assig�l And
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<br /> - sl�all be paid to l.ender.
<br /> - (n the event of n total taking of the Propsrty. the proceeds shall be appliecl to the sums sccureci by this Secudty instrument,
<br /> whether ar not thcn due, with any excess paid to Bonower. In the cvent af a partiel taking of th� Property in which the fair
<br /> — _�v.,� murket vnlue of the Property immediatefy bcfarc the taking ls equal to or greater d��n the:unaunt of the sums secured by this
<br /> — Secur�ty Instrument immediutely before tfie uiking,unless Borrnwer and I,�nder otherwisc agrce in writing,the suma secym,d by
<br />---- - this Security Instrument sball be reduced by the amaunt of the proceeds multiplied by tha following fructIon: (�) the tata�
<br /> - ,,.;,r�+��� amount of the sums secured immedintely 6eforc thc takin�.divlded bN (i�)the flir mazket valuc of the Pro�neerty� immediately
<br />�""'^��?!��—�'� before the taki�g. Any balnnr�shull be paid to Bono�ver. In the er�nt�f z paztial¢aking of the Property na►yvP,iicta ¢he EvQ �
<br /> o..��.
<br />=„r;���;--,� market value of the Property zriun•rtiiately beFOre the t�keei�is less¢h:ua the amou�►Z mf�the sums ser�r�,d im���diae�•9y b�ffore ehG . �'�-�;•
<br /> ;� tnking, ur^ess l�anower And 3:�nd;s s�tl:�nYise ugeze in.vriting or�►nle9s upplic�l�.lna¢►;horais�:p.r�vides, t�:e gr�.rooEeds s�a96.
<br /> ��'`�Y�� ` be a lie�4 ea a4�e sue�s secwea7 b�•zhis Sr tavir- Instraaeent�vhether ar i�ot�;sums uze then t�u�. �
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<br /> at ir_• •7. PP� ' .y . {�t'
<br /> i;���1 „t��. • 9f th�Pr�gcry is a"�:�a:1nned by Bonotvzr,or if.�&her etotiee try L��c��r esa�c�r.rower 1�n;2he couilemnoa�ffeirs to r,��Pc�;mn , •�
<br /> �� � ;' +' ���:s�d or sPt:t�a claie:e Gwr clamases, Borrower fails ¢o s�es,pnnd ca�l.;.nd�r�vithna� 90 clays ai1:Er:1�e t�1te thc nm7ice is given, `�""
<br /> `'�� 'n ILender_is authorizeci ta collect and apply the praceeds,at its apsion, either to restoration or repair af t6e l�ropPrty or to the sums
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<br /> ,t,:����' s t. v�.rn secured by this Securlty Instrument, whether or not then due. ,_ _
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<br />._ .., r Unless Lender and Borrower othenvise agree in writing, any spplication of proceeds to principal shaA not extend or
<br /> :b'-:.•� Ay:�
<br /> •�•-a ,� postpone the due date of the monthly�payments referced to in paragraphs 1 end 2 or chnnge the amount of such payments.
<br /> - �� � .1.�a,:�z�cr R'at I:e:.:�;,d;.ort�:ar.~.c,.�iy�L�nslc:I��!a l8�6ver.Extcnsion of the time for puyment nr mod:ficstion F.
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<br /> -= ui miiviue.aum�v�uw auuib 5i.�.u�iu uy i�ua ae�u��iy ivaitUlttCl�l gtWllW Oy L.CIIOCf IO aIIy SUCCCSSPT II11I�lCICJI Ut bU7[QWCI niuul
<br /> ��-�t�°`�•`' not operate to release the liability of the ongi�al B�rrower or Barrower's succeasors in interest. Lender sh�ll not be req�ired t�
<br /> commencc proceedings ngainst any successor in intcrest or refusc to cxtcnd timc for paymcnt or othenvise modlfy iimorti•r.�tion
<br />��'-°``=;��;q�� of the sums sec�rcd by this Sccurity Instmment by reason of any dcmand ntudc by the �ri�rinul Borrawer or &�rfowdr's
<br />_` •f �y'-' succcssors in interest, hny forbcarunce by I,ender fn cxcrcising nny ri�ht or rcmec!y shull not be a waivcr of or prcclude the
<br /> - �-." cxcrcisc of uny right or remcdy. �-_.--
<br />- ' 12. Succcs.a►rs und Assigns �3ound�Joint und Several l.leblllty; Co-slgnetw. Thc tiovcnnnts cmJ i►grecnunts of Uds
<br /> " '� Security lastrumcnt shull bind and hencfit thc surctissors and nssigns uf [.cndcr und �orrowcr, suUjcct to thc pravisions uf
<br /> parugruph 17. 6orrower's covenc►nts und agreements shall be joint and several. Any Borrawer who cu-signs this Security
<br /> . .. . � '��._ Tnstrument but doe� not execute th� Nnte�Itil ic q�.xipnit�wo �hlg Ct±cy�jW I��ctfi��pr�tt nt��� tn ��lnnooi�on o�nllt a�rl rn�Zyny i���
<br /> '., '�; Borrower's intcrest in thc Property undcr the tcrms of this Security Instrument;(b) is not persom►Ily obligutcd to pay tttc sums
<br /> ' �- secured by this Security Instrument: und(c)agrces that Lender and any othcr B�rrower mny agree ta extend, madify,forbear or
<br /> � ��' make any accommodations wi[h regard ta thc tem�s of this 5ecurity Instrumcnt ar the Noie without thnt Borrower's consent.
<br /> • ' •�'• 13.Lonn Cl�at�es. [f the loan securcd by this Sec:urity Instniment is subject to a law which sets muximum loan chxrges,
<br /> and thut law is finully interpreted so that the interest or other loan charges callected or to be collected in connectinn with the '—"
<br /> ' loan exceed the permitted limits,then: (a)any such loan charge shall be reduced by che amount necessury to reduce the charge
<br /> �; ' � � i to the permitted limit; and (b) any sums already collected from Harrower which exceedect permitted limits will be refunded to --
<br /> ' , •• � Bonower. L,ender may choose to make this refund by rcducing thc p�incipal owed undcr the Nnte or by malcing a direct ,:.-
<br /> • • ' payment to Bonower. If a refund reduces principal, the reduction will be treated as a partial prepayment without any ,:,,,�,
<br /> . � - � •►� prepayment charge under the Note. �=�:
<br /> :,` � 14.Notices.Any notice to Bonower provided for in this Securiry Instrument shnll be given by delivering it or by malling � ,;•; •--
<br /> { : it by first clnss m�il unless applicable law rcquires use of another method. The notice shall be directeci to the Propeny Address '��!.
<br /> . w,;:
<br /> . . . .`; � or any other address Borrawer designates by notice to I.ender. Any notice to Lender shall be given by first cl;us mail ta
<br /> ' '+� Lender's address stated herein or any other address Lender designates by notice to Borrower. Any notice provided for in this -��v'
<br />� `;;ti;�; " Security Instrument shall be deemcd to havc been�iven to Borrower or I.ender when given as provided in this paragraph. �-"�:�
<br /> -� �'?'r:;���t� •�• 15.Governing Law; Severabillty. This Security Instrumcnt shall bc governed by fcdcral law and thc law of thc
<br /> ��:_:,'.:i:;, • .x,:f jurisdiction in which the Property is located. ln the event that uny provision or clause of this Security Instrument or the Note °
<br /> ;•...;,; conflicts�viti�applicable law,such conflict sht�ll not uffect other provisions of this Security Instrument or the Note which can be
<br /> given effect without the conflicting provision. To this end the provisions of this Security Instrument und the Nate are declared
<br /> to be severable.
<br /> 16.Borrower's Copy.Borrower shall be given one conformed copy af the Note and of this Security Instrument.
<br /> ,. . 17.Transfe�•of the Property or a Beneffclal Interest in Borrawer.If all or any part of thc Property or any intcrest in it
<br /> is sold or transferred(or if a bencficial interest in Borrowcr is sold or transferrcd and Borrowcr is not a natural person)without
<br /> . °' Lender's prior written consent, Lender may, at its option, reyuirc immuliutc payment in full of all sums secured by this
<br />- . Security Instrument. However, this option shall not be exerciseci by Lender if exercise is prohibited by federal law as of the date .
<br /> ' of this Security Instrucncnt.
<br /> ' - •. If Lender excrcises this option, Lendcr shall give Borrower notice of acceleration.The noticc sh4�ll providc A period of not
<br /> less than 30 days from the date the notice is delivered or mailed within which Bormwer must pay ull sums secured by this
<br /> Securiry Instrumant. If Borrower tails to pay thcse sums prior to the cxpiration of this period, Lender may invokc uny rcmedicti
<br /> permitted by this Securiry Instrument without furthcr noticc or dcmand on Earmwer.
<br /> _ . • 18. Borrower's Rl�ht to Reinstate. If Borrower mects ccrtain ronditions, Borcowcr shall havc thc right to hsvc . �
<br /> enfoscemcnt of this Security Instrumcnt discvntinucd at uny time prior to thc carlier of: (a) 5 days (or such athcr period as
<br /> applicu�le law may specify for rcinstatement) before sale of the Propeny pursuant to any pow�er of s.ile contuined in this
<br /> ! Security Instrument;or(b)entry of a judgment enforcin�this 5ecurity[nstrument. Those conditions are that Borrower:(a)payc �
<br /> L,ender all sums whieh then wuuld be due under this Security Instrument and the Note as if no acceleration haJ occun•ed; (b)
<br /> cures any default of any other covenants or a�reements; (c) pays all expenses incurred in enforcing this Security Instrument,
<br /> ' including, but not limited to,rcasonablc attorncys' fccs; and(d)takes such action as Lcndcr may rcasonably rcyuirc to assurc
<br /> that the lien of"this Securiry Instrument. L.ender's ri b�hts in the Property and Borrower'ti abligution to pay the sums secured by
<br /> •;, � this Security instrument shall continue unchanged. Upon reinstatement by Borrawer, this Security Instrument and the
<br /> __—. _ ..— ___"._. ' _Lll���.��� ������J L���L.. .�._�� . . • � �� �� .. .n . . . .
<br /> — -- �vuguuww �cr.a.w c�c�cvy ,um� ic�uam iwry enceuvc a� n no acYL�er�uon nau occurmd. iiowever, mis rignc eo re�n�t1IC ehAl1 I; .
<br /> _ � nnt apply in the case of acceleration under paragrupli 17. I
<br /> _. 19. Sule ot'Note; Char�;e of Loan Se�vicer. The Note or u partial interest in [he Note (together with this 5ccuriry
<br /> Instrument)►nay bz sold o�u or more timcs without prior notice to Borrower. A sale may result in a changc in the entity(knuwn �
<br />- :is the "Loun Scrvicer")that collc:cts montnly payments due under thc Nnte and this Sccurity Instrumcnt. Therc also may hc unc j �
<br /> or more chan�es of the Loun Servicer unrclated lo u s:�le of the Note. i(there is a change of the Loan Servicer, Borrower will bc � '
<br /> given written notice of the chan�e in accordance with paragraph 14 above and applicuble law. The notice will state thc name and ! �
<br /> uddress of the new Loan Serviccr and the address to which payments should he made. The notice will al.�� r�,nta�n:�ny uther '
<br /> ' " information rcquircd by upplicable law. ;
<br /> 20. Huznrdous 5ubstances. Borr�wcr shall not causc or perniil thc prescncc, usc, disposal, stor:�gc. or rcicau uf any � � .
<br /> , Ha�ardous Substunces on ar in the Prvpcny. Borrower shall not do, nnr allow anyonr elsc tu do, anything affc�ting thc :
<br /> Property that is in violution of any Enviranmental Law. 'Chr prcccding t�vo�cntcnccs shall not apply tu thc presrnrc. ux, ur �
<br /> � ' stoiage on the Property of small yuantities of>H;u:trdous Substances that arc gcncrally rcrugnized to br appropriatc to nann.il j
<br /> ; residential uses and to maintenance of thc Property.
<br /> i
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<br /> °��w 3�'^ Form 3028 9190
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