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� _ _ � � ._ _= .—_ -- -��. � -- �'.�=��... -a�;. ..��, , - - - -- — -—— -- —- ---- + . - '""'�"�__ - __ — —- - - -- � __ -- - 9s` 10ii}�4' -= . BaraNUr nwy cure such a ddauK �nd rolnitato, is providod fn Wuw9raPh 18, by caucuip lh• acUO� or proc�dinq to be � �srrdeaed w4t1� a tt�Ynfl 11uit. In L�ndar'a paod taflh drle+mination.Prectud�a lalature ol Ih�Bortowor's mtenst In Ih� Property or r- aher materia: impakmenl ot tho lien uoalac! by this SacurilY Mstrument or Lender s aecunry nterast. Bwroww snafi�.:o be�n _ datault d Bwrow�r. dumy the ban appGcatlai process. paw rn�tarlalty false or in�ccunie �nlomiatian w siatwn�n�s to lendet lu► T� ured to provlde Lwulcw w:1h �ny material fnlom►�tion) �n connsctio� with the ba� o.'�dancod by th� NotQ. u+cluci�nq. twl not �J Ymtad to. ��pres�ntruans canaeming BortowKi occupancY of Ihe Prop�rty as � pmaPa! r�slde�ce. M thli .3eanty = � Inttrur.►anl Is on� basehold. Bcrtower sha4 tom�� wAh aM th1 prov�slons ot tha Iws�. It Borroww �cqulr4s Iw WI� to the (� �::.: pro�erty,Ihe Wasehoi.i pnd the loe tiUt�haU not mergP unkss ler+dK�greas to the mapw h writlnq. C�_ 7. Proi�ctlo� of Lo�der's Rlghta In tho Proparty n e«rowK aas lo p«lorm tha coven.lnts�nd�qreanents �° CORL�lted in iiwi Sin:ui�iy li��w'Ut�^'1!. n{1IfMA i� w M�at orec'eedino ttMt nNY '��uY o� l��s ri{lhis r1 lAE Pr(�pHtY (such as w prbctediny n binkruPtcy,probato.iw condertuwtlon a tortaitur� or to enlwco laws or r�gul�Uonsl. tnen Landar��wr � do snd pay iw wliatev�r k nxwssry to protect the vatue of th�Propwty and lMde'e rigAts In tha Propxty. Landx's �clions m�y lncluda WY�fl �Y wma sacurad by a Uen whtch Iwa prlority ovK thls S�cu�ty k�strumeot. appwriny in cou�t, WY�9 r�sonab's�ttomays' lewe and enteiiny on the Property to make repAUS. Atthough Londer maY tako�c�ln+�under this pan9nph l,Landa does not havo to do so, My amounts disburoQd by Lender under parayraAh 7 shall become addltiona� debt o1 Borrower secured by thls Security Instrument. Unless Bortower �nd Lender �yrae to othw terms ot paymenl, thsse amounta shaU bear interest hom the data of disbursamerit ai the Note rs�to and shall be payablo,with interest,upon nofice hom Lender to Borsower requestinp p�yment. 8. IAOrtgpgo (nsYrpnC6. 11 Lender requkad mortgage insurance as a co�diAon ot makir►g the loan secured by this Security Instrumw�t, Borrower sh�ll pay the premtums requ'vad to nwintafn 1ho matgage insurance i� eflect.If, tor any reason,the _ mortgaye insurance coverage rQqulred by Leoder lapses w ceasos to be in eHect. Bortowar shall pay the premiums requ'ued to - pbtain coverage substanttially ecluivaler�l to the maAyage insuranca prevbusy in eHecL at a �SSUU�s�tiaW�biv�tlt�o thi' cost to Barower of the marigaqe Insunnce previousy in eHect, 6om an ahanate matgag Y wbsa�t:�7ty� oquNalont mortgage �nsurince coverage is not available, Borrower shaU p�y to Lender each mo�th a sum equal to o��bti•et3h of the ye�rly mortgage inwnuece pretrw+m being Pald bY Bortower when the�su�ance ce�erage tapsed or ces►sed to �e ;n eflecl, �ender wi;i a�capt, use su►d retin tAesQ p�ymenta as � bss resenre In iwi ot mo:'Sy1a;e ins�rance loss resene pa}�ts�na� no bryo-be required.at the ophcn c`'Lender.H mortga9e insura�s�e�tie+a„e(n �*.e arnc"Rt�.�+d"M the p�iod that.arde- req:'eas� �:otii3ed try�n�ns::-cr �Faro�e�'�y�e�dcr s�ia bacwrRS a�at�b.Q arsd�s oE:�:ned. Bo-axer s►►�pa�' t�e pre�i�:ms reR+:��i t:iT+�;nta+R martgaye ins�:-a�^.Q in eflect, or Ss px�ir,;� a lass resene. u,tl S'�e*QQ�+rement f.x mocty��o_� insura�ce en::s in ac�c;3z.:ce Nii� any we*i;a�a,Zceemcn:beMeen 8c,-awe�a.��Lander cr app�caSl�e aw. 9. Inspoetion.iEr.dw w its agent m�� ma�:e:�so�able entries upon and inspectio.�s oY `he e'cop�'Y. E��s'�qhe Bonower notic�at the lime ot or prio�'to an inspecli�n specifying reasonabla cause tor thQ inspeetian. �;• 10. CondYmf�i�On.TTw Proceeds ot any awud or ctalm Tor damapes, d'+recl or conseqse"ba'.�rt conne�.�.tio�w�t'�any � cpnd¢mwtio� oc other takinp ot any p�u't of ihe Propaty,o�ta conveyanca in tieu ol ca+de�►��:�tiu^.� ��e=k �`s1�� E_ = thaW b�patd to Loncler. In th• event of a total WWny ot the P�opeA�+, the proceeds shall be opptied to the sums secured �}� tAls SecuritY _ InsVum�nt, whether w not then due,wkh any excess pald to BoROwor. In the ave�t o1 a partial t�kinQ of the ProPenY i^Whlch � the tak markat vak�a o}the Property�nxnedi�tety betore the takki9 is equa�to or yraoter lhan ths amouot o1 the sums saaued _ by this Secu�ty Instruma�t knrn�di�tNy bNon the takk►g• unt�sa Bortow�r and Lender othwwl�e �prN in writing, th� wms � cacured by thb Secw�y tnstrum�nt s1uN b�nduc�d by th�amount of th�procesds multiplbd by th�idbwlny 1�acUon: (�)th• _- Wt�l�mount o1 th� suma �au�ci imnwdiat�ly bNu�th�taklny. divW�d by(b)the Wr rtwkM vatu�01 1M PropeAy knnwdi�tMr bNor�th�taWnq. My batanu shall b�pald to Borrowu.In th�w�nt of�paitisl taWnp of th� RropMty h whkh th�tair nwicN valw ol th� Prop�rty h�nudisWY bMor� tM taklrtp k Issi than th�amounl ol the wms s�auod irmwtY�tNy bMon tt►� 1aWn9. - uNs�s Borrowa u�d Und�r oth�rwfs� a� In wrkh� or w�Nts applk'.abM kw Whuwis� provid�s. tM procMds s.h�q ba _ _ ao�Y�d W th�wm� Ncuhd bY►hb S�u+MY Instrurtw+t wh�th�r or not th�wm� an Ih�n dw. !l�.�ta a��..:-an !!tha �My h�bandorl�d by Sortow�r. or it. �RK nOUG by lmtlR to 8orrvww inai ii:o iw;�w':�7�w:a _ �w�rd w s� • cMYn 1or dsrtisya. 6ortowK fails to raspond to lendx wlthtn 90 days �iter tM d�te th� noUa w 1glv h __ L�nd�r It wthorizb W cotiect +u�d apply lhe procNds. �t ds cPilon, ath�r to restontion or repalr ot th� Pirop�ty _ — �ums a�xu�d by thl�S�auiqr I�strument, whatha a not then due. � � ��s to p�incipd stuW not extend or -- = UnMas Und�r u�d BortowK othwWs� a�ree in writin9• +�Y �PP� '— postpon�th�due dat�of ttu monthy payments rMerred to In parayraphs 1 and 2 or chanye the amount of such Wyrner►ts. 11. Borrow�r Not R�iaaaad: Forbaua+ec� 6Y Lsnd�r Not s W�lv�r.Extansron ot the time sor paynw�c or - modiAcatfon o1 amorBraUon ot th�sunu saaued by tnis Securih fnsUum�nt gan4ed by lmder to any successor In hteresc of Bortower shall not operate to rwase tha Y�bilRy ot th� aigiral Botrower or Baroweis sucussas in inter�st Le�da sh�Y not be requlred to cannnnca Proo�edi►9a a9ainst any successo� In Interost or retus�to extend Gme tor Wyment or othwwise rtwdi(y amoRitaUon ot ths wms seaued by thls Security InsUument by reaso�of any darw�d mad�by the origlnal BwrowM or Bortower's successors in ht�nst Any tab�arance by Lendar in exxclslny eny rlpht w nrt+edy shall nat be a waiver of w - prtcfude the axerdse of any rlght or romedy. 12. Succossors and Assig�s Bound; Joint and Sevoral Liability; Co-signa�s. The covena"u a�w agreenwntc o1 thts Sacurity k►strument shatl bind and bene5t the successors and asslgna of Lender�nd BoRO+rer. sublect to the provisbns o!paragraph 17. Borroweis covananu and aynaments shall be joht and saveral. Any Bortowe*wtw co-s+9^s t�s Seq:rity Instrurtie�►t but dMS not execute the Note: (a) b co-s(gnfn9 this Sxurity MsWmw►t only to mortgaye,graM v�d com"eY - cnac earowePs ru.nst r, tna Proa.rry unaer tn.tamz ot sh�s s.curiey tnstrument; (b)Is nos person�llv obrgatea co pay ane _ sums sacured by thls SeauitY InsUument: and(c)aqrees that Lender and any other Borrower tnay agree to extend. moditY, -- =. tabaar or myce �r►y accommodations with reyard to the terms of this Security MsWmeni or the Note witlwut thai Bortower'a _ - consent. = = 13. LW�t Cifif��s. 11 the loan sewred by thls Secwity Instrument is subjed to a bw wh{ch sets m�xlrtwm loan = — charges, and that taw is tinaily Inierpretsd so that the intxest or other{oan charyes coYacted or to ba coYeded In cormection - -� wwithh the bart excssd the pemrtted li«tits,th�n: (a) any such ban charye sh�Y be reduced by the anwunt necessary to reduc� __ � the clwya io the pemtitted limit: and (b) any sums draady collrct�d irom Borrowe� whkh wccceded pertnftted Iwnits will be r :� relundrd to Bortower. Lendr may choc,.a to make this retund by rsdurinq the princtpal owed under the Note w by nuiWng a _ � d}rect payn►ent to Bor►ow�r. It a �ehutid reduces princlpal. tha raduction wiY be Vee�ted as a partW prepayment without �ny E � prepayment charye unGar the Ha:a � '- 14. NONC�l.My notic�to Bortower provided for in thls Securiry Inatrun'wnt chaY be qN�n by dMiveriny it or by m4Yng d _ � by first class mail unless appGcatr�b law requkes use o1 arwther method. The notice sh�Y be directed to th�PropeAyr Addnss = or any other aCdress Borrower daslynates by noUca to Lender. My notice to Urtder shall be gh+en by first class mai) to - Lender's address stated herdn or any other address Lander desiqnates by notice to Bonowar. My notice provided tor In thi� _ Sacurdy Instrument shall be deerned to have been givan to Bortower w Lender when glven as provided'n thts paragraph. • 15. Govarning L.aw; SYVA�zbility. This Securiry InsUument shall be govemed by federal law and the Iaw of the JurlsdicUon in whlch the PropeRy ts acated. In the event that ony provlslon or clwse of lhis Security InsVument or the Note _ ec:;l�ids with applicable law. such conflict shaY not aitect other provisions of this Securiry tnstramenS or the Noto which can be _ y"c.en eHect wdt►out the conttictiny Provision.To this end the provi�ions oi thls Secunty InsUu.^.'sent and the Note ue decl�red to _ t,Q sevuable. = 16. BoffOV,tePs COpy. Borrowa shati be given one confortned copy of the Note and of tttis Sec�.�f�^sWmer•�• _ � �/ ~ - �� F'�16.LM0(7N5) Paye 3 of 5 \� - } ` _ f � - ! 96018 I � — — - — — _ —