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<br /> . 7: P�ot�ctlon of I.�nd�r's Riphb In t1N P�op�rh►• B Bortow�►I�p�to Perform tho eovenmts�e�r�u eonWn�d , - _----
<br /> :.,a. --
<br /> fh�1 rt1�y RIpnlAo�nul► �--
<br /> � . In this 8�aulty In�trumr►t,or thKa Is�Npal ProcMdhp �fbcl Und�'s dqhls In ih� RopM1y lwah�s a p►ocNdno :�,,,.,:_ - �°=---
<br /> t� far condam►�tlon or forf�Murr a to wdoru I�ws ot nWl�ibnt�� th�n UndK m+�y do �nd p�y(a wit�ta�r b "--�.,
<br /> In b�nkruptcy. Prob� � an aums neured '" �:z.
<br /> necawy to prot�ct Iht vdu�ol th�R'op�rtY�nd UneMr's dpAts h Ih�f�rop�AY. Und�r'«os���Y n���es �nd �ntMinp on th� �T=�� �_ •,�-:.�.
<br /> by � A�n whleU Aas prlalty avw thb 8�ar�MY Imtrummt, .pp••r�na �+ caus. wr�w a:-. ..��=.__�-___--�
<br /> � prop�Ay!o m�ka r�paM�. AMhouph Lwsd�r rtwy tak��cUon und�►thls PaaOraph�. Und�r dots not h�v�to do�o. r",".-.. ,- - y:
<br /> .. My Nnount� dbburt�d by Undr undK thl� PN�r+iPh 7 shal Mcom� �ddNbMl d�bt of Bartowu f��d by lhfs S�airitY T_!�N_�. �
<br /> thn� unounls sh�1 b�w Intvwt ham Ih� d�t� 01 ��;
<br /> Instnxnaq. UnNss BortowM and l�nda �¢M to olher tMna of pryrtisnl, �. }-_-- _.
<br /> dlsbunwrwit al th� NoM rat��nd shN M p�y+b�,wlih Intaeat.upon noUa kom L�ndw to Bortow�requntino P�Y��• �;. �-,�d,,;;;��.
<br /> � 8. Mort�p� Inwru�eo. II Lendor rtqulnd mortp�pe inaumnce�s• condltion of m�Nfnp th�tan acund by thls 8�cu►iry .. __
<br /> Instrumont� Barow� �hall p�y Ihe prwNuma roqukad to mainWn the moAgege Ineurance in eNec1. If. fa +�ny re�son� th� mortqsqe --
<br /> M16UMG GOY/IaQe fM�lllf�d bY L6fldlf I�PfM Of CptM to b� In alfwt. Borra+a► alwll Pay ihe pranluma raquked to obUdn cov�a9e �;"., . . i:,''--.
<br /> eubat�ntWy aN+w�1�n1 to the moApape bsunncs PrerloualY In °M�1,at � CO� �auntWy aqulv�lant to the eost to ��v��9, I _.-�,.W,_
<br /> moAp��� Insuranee pnviously In Mlect, hom �n dlam�te mort�sge insurer opproved by Lander. If substantWliy �qulv .f,;-
<br /> i inauru�c�aoveays b not�wil�bb.8or►owK shaN pay to L�ndr�ach monih a eum�qwl to on�-twe�llh of ths yeuly mort0�p� Insu�na __�"-
<br /> premlum beiny PUd hY Bortow�whan th� inwrana covsrsys MP+ed or ea�sd to b�fn aHact. Lender wil�ccept�use and reWn thess � �^n�u_.
<br /> . , fnwnnes. Loss raw� paymenis m�y no lonper be requked,�t the opllon o1 Und�.N .�.:,,r.--
<br /> payments�s a bsa rwerve In Nw� ol matg�pe oved by Lender �p�M� . � ...--
<br /> marty�pe insunince eoveap� (in th�anwunt �nd lu ih;hpMlod th���k�k��h�mortyage insu►ancre� atlact, a to proride a
<br /> becamas�v�Nabt� and la abtalned. Bortoww shaA WY P►� � :•...-.-
<br /> bsa resave. unW ih�nquk�t far marlpape Inaunna�nds in�ccord�ne�wph any w►qlan aqreement 6atween Boi►ower and Undu or . �-i....;;.
<br /> , �ppYcable Vw. . . .�"-—
<br /> 8. Insp�otion. Lender a Its aqent m�y m�ke re�eonabla enUfea upon uid InapecUona ol tho Property. Land�r shoA �hre .�,
<br /> Bortawer notke at the tkne of or prlor to an Intpeedon epeellyMi9►easonabie couee lor the inspectlon. ,,. .
<br /> ,-
<br /> 10. COnd�ftln�tlon. The proceede oi �ny eward a clofm lor damo9ea� d�e�� a conaequential, tn connection wlth any _i__
<br /> condemnatlon or other t�kiny o1 eny pen ot lhe Properly, a fa conveyanee in lieu of condemnaUon. �re haroby assiqned md thW be � '.y-,�,�
<br /> , peld to Lender. ".
<br /> In ihe event of a totN takinp ol Ihe Property.tha procxeds shaA be appNed to ihe sums aecured by lhis Security lnatn+ment,whetAer ...},�
<br /> .• vr�
<br /> or not then due, wHh any e�cceaa pald to Bortowor. In ihe event ot� p�wlla� tekin9 d Ihe Property N whfch ihe fal► m�rkel valuQ of the ' �,
<br /> prapeKy Immedi�laly belore tha takiny ia equd to or gre�ter than ths�mount oi the sume aecurQd by thia Security �nairume^1 �mmedlatelY • ^_
<br /> belore the taking, unNsa Bonower e�d Lender otheiwlse agree in w�in���he wma eaeured by this Securily Inatnxnent ahaA bs ndudd . ;:��
<br /> by lhe amount of tha proceeda rtwqipNed by the tollowlnp hacUon:or•e ihs twMin My baunee ahaY pald to B�orrow�er.bn the eventko�l+� '
<br /> divlded by (b)thc falr merket velua of tha PropeAy ImtMditle�y 9' . n{-
<br /> paALl taking of the Property in which ihe hir mukat v�Mie of the Property ImmetliatdY beiore the taking is less liwn Iliu �unount of thc �
<br /> euma aecured Immedi�taly belore ihe taking, unleas Bor►ower and Lende► eiharwlse ayree in w�ting or unleaa appNcable �w oth�wlse ,
<br /> provldes,lhe proeeads sh�q be appAed to ihe auma aecured by this Secwity InfUume��whether ot nat the aums aro then due. ,
<br /> '` II the PropeAy le a6andoned by Bonower. or R� ofler notice by Le�dar lo Bortower that the condemnor oHera to make an�ward or �
<br /> !, Iaetlle p WIm fa wm�gea. Bortowar irib tu reapand to Lcndcr wlthln 34 t�ny*a8er Ihe dote Ihe nol�e ia gfven, Lender Is aulhaized to �
<br /> + collect and epply the Proceeds• at its optbn, elther to restoratbn or repalr of tha Propeity or to the aums aecurad by thla Secunty •
<br /> Instrumenl. whether or not then due. 1 ahaY not extend a postpone tht due ��
<br /> iUnlesa Lender and Borrower othervvlse egree In writing. any appAeatlon of proceeda lo P►M��la. '
<br /> I dete ot the monthN payments referred to In pe�agraPha 1 and 2 or chan9e the �mount of euch p�ym
<br /> 11. Borrow�r Not RNaasad: Forbe�ranco By l.ender Not o Walvor. F�c�ension ot �ne time ta payment e►
<br /> modlflatbn of ematlntlon o1 the auma secured by Ihls Secu�ily I�atrument gnMed by Lender to eny weceasor In Interest o1 Bortower
<br /> � shaY not operate to rele�se the Ilabllfry of the a1gM�l Borrower a Bortower'a auccessora In M►terQSt• lenclar ahaA not be requked lo
<br /> � eommence proeocdMi9s aydnat eny succesaor In Interest a retuse lo exlend time br payment or olheiwfae modily �moAhadon oi lhe
<br /> 1 sums secured by thh Security Instrument by reason of any demand rtwde by Ihe orlgind 8orrowe►o� Ba►awer'a succeasoro In In�west
<br /> My lorbesrance by Lender In exerclsing any right or remedy shall not be a waiver ol or preclude the exwclse o1 any rlght or rernedy.
<br /> � 12. Succe�on a�d Aaeign� Bound; Joi�t and Sovoral Uabillty; Caslgno�s. The eovenants and ayreertients ol
<br /> � this Seewity Inatrumcnt shall bind end benefil 1he succesaora ond asslgns ot Lender�nd 8ortower. eubject to 1hQ provlsbna ol paragnPh
<br /> � 17. Bortower's eovenonls and agreements ahall be Jolnt and several. My Bortowe►who eo•slgns Ihls Seeurity Instrumflnt but doas nol
<br /> ; execule the Note: (a) Is co•sigmng this Security Instrument only to moAgaqe.grant,and convey tlwt Bortowei a lnterest In the Prope�ty
<br /> under the terms ot thls Seeuriry Inshument: (b) Is not personally obNqated lo pay the sums secured by this Securlty InsWmenC and(c)
<br /> egrees that Lender and e�y other Bonower may agree to extend, modNy. larbenr or make any eccommodationa with rapard to terms of
<br /> thls Securiy Inatn.�ment or the Note wfthout that Honawe►'s conaent.
<br /> 13. L0�11 Cho►gY6. If the loan secured by this Security InsWment Is aub�ect ta a law whlch sets mexlmum loan charyes. �nd
<br /> thet law ts flnaAy Interpreted so thel the interest or other loon chergea collacted or to be collected in connectlon wllh Ihe lan exeeed lhe
<br /> permltted Ilmlts. then: (a) any such loan charges �haq be reduced by the artwunt necessary to reduce the cherye to the petmllted WnA:
<br /> end (b)eny sums ekeady collected Irom Bonower widch excreded perndtled Nmlta wfll be retunded to Bartower. Lender msy ehooso to
<br /> ' make thls re(und by reduGng the prfnclpel owed under the Note or by making a dlrect palm�eN to Barower. N a retund reducea prineWa�.
<br /> � tlw reducllon wfll be treated as a pertiel prepayment w�thoul eny prepryment ch�rge under the Note.
<br /> 14. NOtiCe9. My notice to Borrowcr provlded for M thls Securiry Instmmnnt shall be glven by delivering �� Address�or9an b a her
<br /> class mail unleas opp!Icable lew requlres use ol enolher method. The notice &nell be direcled to the Property Y
<br /> addresa Bortower deslgnetes by notice to Lender. Any notke to Lender sheM be given hy tirst cless mail to Lendei s address staled he�eln
<br /> a any other address Lender deslgnates by noUce to Borrower. Any nodce provided lor In Ihfs Secunty Mslrume�t shaN be deemed lo
<br /> have 6een gfven to Borrower or Lender when g�ven as provlded Ir�this paragraph.
<br /> 15. (iovornlny Law; Saverabillty This Secunry InsUument shall be govemed by lederal law an0 the law ot the judadlclion In
<br /> whlch Ihe Prope�iy�s loCeted. In Ihe event that any provlsmn or clause of this SecuMy Inslrument or the Note co�ncts wilh appliceble
<br /> taw. such con0ict �haN not alloct otlier p�ovisions el thts SecurNy Instru�:cnt cr the•':ote �nliicli i.a�be 9iven eflec► w��nout the conNktinq
<br /> ' provlslon. To fhia end Ihe provleions of thls Security Instrument and the Nole sre declered to be severeble.
<br /> 18. Borrowar's Copy Bottower shall be given one conlormed copy of the Note e�d ol ihls Securily�nstrument.
<br /> � 17. Tran�for of tho Property or a Bonafiafal I�terost in Borrower. it au or any paA ol the PropeAy or any hterest
<br /> in it Is sold or translerred (or II a be�eticial Interesl in Bortower Is sold or translened and Borrower Is not a natural persan) wilhout
<br /> Lender's pnor writlen consent. Lende� may.at its oplan. requlre knmed�ate payment In lull of all sums secured by this Security Instrument.
<br /> - -�_�_..�ti�e.,e.��.�ti� i w,dw�f eYercfse Is nrohibited by IedQrel law es ol the date of thl3 Secudty Inslrument.
<br /> riowme+. iiu5`vN:'v�� .,�ro....v...,. ...._""___ _• " .
<br /> If Lender exerGses this oplion. Lender shaA give BoROwer notfce al accekYallon. The nolice sheN provlde a perfaG ot not iesa tnan "s"v
<br /> days Irom Ihe d�le the notice Is delivered or meded wdhin which Ihe Bonower must pay all sums secured by thls Secu�ty Instrument. II
<br /> Borrower feils to pay Ihese sums pnor to the exp�rat�on ol Ihis penod. Le�der may mvoke any remed�es pcYmitled by lhls SetuMy
<br /> InaMumenl without IuAher notfce or demand on BoROwe�.
<br /> AaGC 3.,e 5 Fo•m 1028?.50
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