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<br />. _� .. � • y � 'U 1�- - _ _.1.� �._ .. :� . _ - . . — _ i+` _ ��,._
<br /> substantialiy equtvaleat mortg�Se i�s��°�COVe�g�'�not available.Borrower shall pay to Lender each month a sum equal to �c.._
<br /> ' m
<br /> -� oa�twelfth of the yearly.mort�a8e insu��Q���e1nS P�d hy Borrowcr whe�the mswaz►ce coverage lapsed cr ceasEd to�
<br /> be iu effect.I.ender will accep�.us�attd rezain the�e payments 3s a los9 r�ser��e in lieu of mortgage insurance. Loss r�eservc �-����-
<br /> ��.� �....Qa.ho crnwre�.at thz aptlon of L�er.if mortgage insursnce co�er.��(in ,thea.t�.,�n Bo wer sha�ll pay� �
<br /> i w,•--w-- --,- tOVeA oy i.enaer ag�uu iouvi�ie�o.a;..a,�..a..-.--_-
<br />' that Lender r�ures?g�vcdsd by an insuret agP _ -
<br /> ,! tha ptpmiwns requirad t�ce�v�an�yrtwritt agreem�ut bet�veen��oaower and'Lender or�applicab e law�. reznent 4'or mnrtg�e� s,�-_
<br /> 'd insurance ends in acco ons of the Propertl+.Ixader shall give� �_=:
<br />, g��m,Lender or iu ssgent may make reasonable entries u�on anA inspacti �z .
<br /> on s r�sonabie cause for the ins�..ctioa. ��—, .n
<br /> Horrower aotice at the time of or prior ta an iuspecti peafyinS
<br /> _ l A o C o n d P m a a t�fln. 'i'he pro c e e 3 s o f u n y award or o t f rf o o n v�$o e�i n�t o f c o n de�m n ae t i on,�am h e re beY assi b n e d�d�
<br /> : con�emnarion or other takir►g of any part o f t he P r ope c t y. Y � ���=
<br /> shall be paid to Lender.
<br /> -- In the event of a total takin�of the Property,the proc�s shall be applied to the swns secaared bY t}►is Sec�wh ch the f�a�i�r �.�.M-
<br /> �vhether or not then due, with any excess paid to Borrowe�r.In the�or of a���n��o��sesured by this `-_-_�
<br /> market val�c of thc Property immediately before the takina is equal � the s�ms secured by ���
<br /> Security Instrument im�d��ly before the taking.unless BorcoNer and Leader otherwise agree in writiq�. -
<br /> tII�is Secarity Instrument shall be reduce� by the amount of the pmceeds mulapli� by the followin3 fraction: lammediu�l� �, .
<br /> amount of the su�s s����Y.�for�th�e tatds�g.divided by (b)ih pfair market o n���O��.hich tt►�.fpi ��_.
<br /> t
<br /> before t�a taking• AnY bala�°e`hal�be F�to 8°rrawer. In the event of a artiv2 takang PeTh' �,,._.,,
<br /> market vatue af the Progerty i=�iately Uefafe the taking is less than the amoum of the swns sec�red imme�liatt�fYo�eecis shall �=
<br /> licable Iaw athecwise pravid�.�►�P
<br /> „ t a k i��,u n l e s s�a r m v re r a n d Lender otherwise a���n wri��g h o e r o r n t t h es u m s a r e t h e n d u e. =�-=
<br /> ..:,r , be apphed to t�.e�:.�na secured by this Security �._-__
<br /> If th�e Pmperty is abandc3ed try Borrower.or if.after tro nd w Len �d r twr�in 30 day�s after the date the fc�vti�g��',�, --
<br /> a��.�or settle a cla�m for damages, Bor�ower fails to respo . of the Pro flT,w�°�' �°'=`
<br /> rro
<br /> � ` ��is authozir�d to w(l e c t an d a p p l y t h e p r o ce e d s.a t i t s o p u o n,eittner ta resE�3iaa ot rcpair i�� . sr
<br /> .: � Inst�umen�.whether or not then de.e. ��`
<br /> �:�s s�n.-ed by this 9ec:uaty licaLion af. s to principal shalE e,t �ztead 0r t�J��.
<br /> f�`'�. Untess E�1.:r and Borrawer otherwise agree in writing. anY aPP ptO� ('a�i-
<br /> ;`;� ,c�stpone the due date of the nx"�hIY imY�'�'�s referred m in paragra�hs I and Z or c�nge the amount of such PaY��: ear�7�
<br /> 11.Barrower Not Rr3.�Fo�ce BY�der Noi a Waiver.Exten�a�of the time for paymeut cr��icanioa �v=_
<br /> � of.mmordrdrion of the sums s��ed by tA�Secarity Insuament granted by Lender to�ay suc�ssor in interest of 1►�c�ower shal! -°^--A-
<br /> not operate to celease the tiair_licy of the��T�°"�r or Borrower's successa:s i�interest.Leader shall u+mt?����O �",:`___-
<br /> cammence pxoczediaSs a8ainst anY successox m mterest or refuse to extend time for payment or o Borrow�r= Bo�i s �
<br /> of the sums secured bY t�is S�urnY L-c�n�ent by reason of any demand�y s�noz�waiver of or preclude the ;
<br /> � sucoessors in interest. Any forbearance is�I.eader an exercisiag any riP,M �'`�
<br /> � - �eccise of auy right or remedY• 8o�d�:doint�d SeQeral Liablllty; �SII�. The covenants and a�reements of Wis r�:_�=::
<br /> 1Z.Succegsors amd A�S visioas of
<br /> : � g�cmity Instrument shall bind and benefit the su�a:essshall be joint�ard se�veralr. Any Iiomo ers h co-sig�.��s SecuritY
<br /> . ,;`�. . paragraph !7. Sorrower's covenants an� u�ee t and conve �at �
<br /> :�.� I�st�vmers�:does not execute the Note. (W is co-signing this Sec�i�y Iastrument only to mortQ-age,�► Y -
<br /> �4'• Bnrrower's�.xwte�t in the Property under¢�tem�s of this Security Isxtemi�s3m:N)is not persorraSiq obLgated to pay the srr..'-�s� �;,,
<br /> ' secured by t�:tis�ecurity Insunment:and(c�a$rees that Lender and any t+thrr Borma-ea may agree 2a+�etend,mvdify,forb�3r
<br /> , make any accamm.adations with regard to tl�terms of this Security Insuume3!or t&a ASote without tbat Borrower's eonse�»
<br /> .:.,� 13.I.oaxy.Cbaeges.If the loan sec�,sed�brf this Security Instrumeul•is sub}'ed w a law which sets maximnm toan charges,
<br /> :��A:? and that law.i��mn1lp int�erPreted so tbaS�tha��ct�cest or other toan ehaEy�ts ooflected or to be colleeted in wnnection with the �
<br /> loan exceed t�e parmitted limns,then:{�.):anY such loan charSe sha12�t�rednsed by the amount necessarY w reduce the cb�.*�8
<br /> tted limi�and N)�3+�a:fqdy oollected from Bonower which eu�eeded pesmitted limits anll be refund�.ttr
<br /> to the peimi the nci 1 owed under the Nate oz by.-malcing u�i� �
<br /> Ftosrower. I,ender may choa�e to make d�is refUnd by m.�lucing . P!! Pa a t vrnth�ut atry -
<br /> • payment w Burrower. If a refund reduces pzincipa►. the reducaon vnll be ueate�! as a partial P�P Y� __
<br /> t chdrge under tt�e Nots.
<br /> ...;:,', � pr� 4.�g;:p,s.Any notice to Boaawer p:ovide�for in this Securit�Instr�ment shall be givan 1ry delivering it or by mailing =
<br /> .:.;;. � it by first cT�s9�I1 unless applica6le lacr raywres use of another m�ib. 'I�e aodce shall be direcxed to t5e PropertY Address
<br /> :%:�s��, oT an otGrr•udL4#ess Sorrower desigaat�by nouce ta 1.ender. Ar�r�no�ice to Lender shall be given by first class m3iE.�
<br /> . ..?, ��r's�dtr��stased herein or any other address Lesw,':�designz::s 6y notioe to Borrowez. AnY notice provided fox in `�
<br /> '..., �y rn��r sball{�e deemed to have been givc�v��n73�rower cx I�er wL-s�given as provided in this paragraPb• �
<br /> '.'�� . Go j n.I,ew; Severa6flity. 'IYiis Se�f lfnsmunens ai��siun o cc���ofbthis 5ect�ry���a�the Note
<br /> '�'�a4A; 15. is tocated.ln ttae e�-ao�thzt nny�a ' .
<br /> '' . jurisdiction i���ieh the Property a
<br /> f
<br />;��z�� cantlic�s with:�licabie la�v,such conflict shall not aff�orher�:t�:w�s of this Seti9ld�lYin��tn�'�tand tLe�:�are dsd.�^�u� - -
<br /> . ��,.;: given effect cvi't�ut the confficting pmvisioa.To this end tfle pm�i�.�xcm�of this Sewrity . , " =_
<br /> �.. . to be 6 Borrow e r's Q:ag;�.]p�wer shall lr��iven arn:a..nformed ropy of the Nate and of thi��uritS+!s-'�ant. �
<br /> � , ea;u�y interest in it
<br /> 17.'Frnnsfer n4 t6e L�a�ertS'or A PteBZflciufl bnlir�^a2 in Boss�wer.If all ay�.�y part of the PropertY Et'
<br /> . ' i . is sold ot tra�.S`erred(or if.a�+enefccial interest in Boma•a�er is so2d�v��,sansfe.rre�and Borrower is not a natural'person)aritl�out �;
<br /> 1 Lender s pr�:�r written w�sea�t. Leuder r�ay� at its optton, r�u-� ;vmediate puyment in fu:� of all svms secured bY.4".�s
<br /> ,, �. ! Securiry Insm�.:.'��-Howe��r,this o�.c�shall not be exercised C7�der if eaercise is profubi°,�:1 by federal tAw as of th.c�iw. �
<br /> • of this SecuritY Instcumer�. ��-�
<br /> ' •! If I.ender eaercises t�.is uPtion•l.e�ei shaJi�ive�tairovler aoticc of axeleration.The notice shall pmina�a period uf not ____
<br /> tess tha� 30 efaya ftom the date the RaLOe ls deliv�%i:nr cirailed within which Borrower must pay a11 sun�,zs�°cured bY thig �;;�...
<br /> '.^`'.� � Secuflty InsCtu�,ent.If Borrowet fails to q�iy these sums prior to ths�,upitation of this period.l,ender may iaz2a9��y�ccmedies �";
<br /> ,'n•.; .
<br />� ��i�p�yy�g S�ty Insttument witht�ut further notice or decncc►�on rrower.
<br /> 18. Borrowec s Rl�6t to Retnstate. If Boaower meeu�n oonditions, Borrower shall have the r' ta• hu�'u
<br /> enforcement of this Secuniy Instrument disoondn¢ed at uny time prior to th u�t�•�y ��e s of�u�-���in�Efiis �
<br /> .,. applicable 1aw may �C��!for reinstatemet►t) beforo sute of the Property p , °.:
<br /> � - Security Iaatratr�cnt;ar(h)entay of n judgrrent enforring this Securiry Inswment.Those condidons are tf�a:d.�trowtsr:(a)P�Y$ ��='
<br /> �.t�::•;:'. Le�sder al��su�which then w�u1d be due under tLis Security Ir,��tnrrnrni and the Note r�if no�eration i�ad accurre3';�b) ' _-
<br /> cures azry default of any other aovenants or agreemems:(c)P�.y��U axp�nses incu�od in enforcing this Security Instnanc�.�. �
<br /> inc(uding,Gut not limited to,reasoaable attomeys'fees;and(d)takes such actcon as Lender may reasonably require to aa:'�.*.:
<br /> ' ' that the liert of this Security Instmment.Lender's d�hu in the����t�0�awerb�� is�Secunty lnsmiment�and$the -• _
<br /> •• this 5ecurity insuument shall continue unchanged Upo
<br /> obligationa secesed heteby shall remain fully effective as if no acoelerntion hsd occumd. However.this riP,ht ta reinstate sfiall ." �
<br /> not apply in the case of�coeleration usder paragraph 17. " �-
<br /> � . 19. Sale ot Note: ChaIIge o!Loan Sen+icer• 7'he Note or a artiul interest in the Note (together with this Securir��;..
<br /> � lnsttument)may be sold ane or morc times without pts due u der the IJote and this S un'tyulnswmentn.gTi�ere Filso Y�be one.y -
<br /> ��e•Loan Servicer")that collects monWy pay¢nen hanp
<br /> • or r�re ehanses af the l.oan Servicer unrelated to a sale of the�N 4�e£re�s a ticable taw�h7'he noticervwill stBate the name and. -
<br /> � given written notice of the change in aceordance wich Da�s►S�D �p
<br /> eddmss of the new Loan Servicer an�the address to which pay�ttents should be mado.The notice wiil also contain any other
<br /> infam�ation requited by appiirabte law. �,:
<br /> 20, I�rdous Substamc�• Eorroµer shall not cause or pemiit the presenoe. use. disposa�. storage. or release of any _
<br /> Hsrardnus Substanccs on or in the Praperry• Borro�ve� shall nnt do, nor albw anyone else ta do, anythin$ affecting the E-
<br /> ....
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<br /> Propeny that is in violation of any Em�ronmen�ta�v. 'ii►r p���i� tuu�_�`�s�"i'oVbe a roTnat o normal =-
<br /> • storage on the Fra of smfill quantities of Ha�ardaus Substances that are enerall reco ni PA P _
<br /> mil
<br /> � , residential uses an to inaintenance of th�:Proper�Y• �
<br /> - - Paps 3 ot 4 Form 302a 9190 A-°:
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