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<br /> • • Borraw�r may au� such � d�iwp �nd nlntt+�ta, ■u provlclait In par�pnph 18, by causinp th� actlon o► prxwdk�fl to b� `
<br /> dismias�ti with�ruiinq 1haL in L�nd�r's yoad laqh dWrminaNan,predudM IoH�iture of th�Bortow�r's fntKtsl In M�F'ro�►«ty or
<br /> othw mat� Mipalmwnt of th�N+n �rist�d by thb 5�cutity Uslrumant w LKUIK'e s�cwiry fntera�t. Bartowe ahall LL;o b� in
<br /> de4xdt M Borrrw�r.du�inq ths loa�app1ka11a�pr�.�eR, qrrp rr►�IsiaYy falte ur Ina::cwata Inform�tion or stat�nHnls to Und�t(or -
<br /> taiNd tc p►ovid�L�r�dr wRh �n� malarial Inb+nwWn) fn conn�ctbn wqh th�loan wrd�nc�d by th� Nol�, incksciinq, bul not -
<br /> W►W�d In. r�onaMltado�M contwrnfM1a BaTOw�r� OCGUOanCY ot llf� Pro{Hrty I�s a p�incipal nskiancA It 1hls SocW dy `
<br /> Mslrum�nl b on • 1NMhofd. Borrower �haY compy wqh �Jl lh� prov�slons of tha I�as�. H Borrow�r acqulree lee tiU� to th� �,
<br /> Prop�rty.lh�Mw�shald�nd th�1!�litl� sh1�A not merpe unl�ss LMd�f R�M! 10 111�rtllfQt'f If1 W�TlY1Q
<br /> 7'. Prqt�ctlon of I.�nd�r'o Rlqht� in th� Pr�psrty. u Borrow�. t�ti� to p«torm t►,a co�.nams and�Qr.�m.nts � -
<br /> cw�tau�wi fr� Uw S�wiiv tno4w�writ, or thw• Ip W I�al praca�ilq tt�i msY ����W aSlut lendai s riqhts fn the Property �
<br /> (wch os a procwdiriy k� bankrupicy,probato,t�r conda�x�atbr► or tortaltw� ar to N�fosGe law� or npul�tlons).lhan Lend�t may
<br /> da and pay fcuwtutw�r la neassuy to prot�ct tha vslu�of th�Rropwty and L�ndK's� �iphts Mi th�P�opw1y. Landar'a actbns �
<br /> may �nck,d. wr�,y sny wms s�cuud by . w«� whkh luis �►iorny ovK m�s s.wruy �nsinu,,.ot. ,�.arinq in court. payMiy � —
<br /> reasonab�r.iian:ys'f� on�i w�t:rinp on tlw �rap�ty to m:ka rap::rs.Althauph lsnd_r rtuy take a�Slon undar thle puaQnph � _
<br /> 7, Undw dou not hav�to do sa.
<br /> Any�wunts disDurs�d by L�nd�r unclw pruoqraph 7 shaH bxwtiw odctiLartial dabt ot Borrowsr socurad by thla S�cwity � -
<br /> Insirwn�nl. Urti4ts Borraw�r �nd l�nd�r rqrM to athar tKms o1 paym�nt, thes� amaunb slwU Gwr fntw�at hrun th� clata at �
<br /> disburs�t at lhs Note nte u�d ahaM b� p�y�bfa,with Int�rsst,upon noUce t�om Undx to Borrow�r r�queatbq paym�nt.
<br /> 8. �AOrtqiQ� IRWlrN1CO. H Undar raquk�d mortpaye hswana �a a condition ot makk�9 tha{owi s�c.�w�d 6y tNs
<br /> Ssc�uity Instnur�alt, BarowK ahaY pay th�prwniwn�nquk�d to mdntak�tha matqnye insurar►ca in s!(�ct.If, tor�ny n4so�,th�
<br /> mortgaye insurnoa coverage required by Lender lapses w ceases to be In eftoct. BortoKer shall pay tha premlums requtred to —
<br /> ohSain coverage aubstantiayr equivatent to th� mortgage insurance previously iri affect, at a cost substantlally aqu+valwit to th¢
<br /> cost to Borrow�r of the mortyaye insuranca pravlously in a8ac1, from an attemate mortgage insur� approved by Lendar If
<br /> wbstantt�lty oquMa{ont mortga9e inuuance coverage is not avsilablo, Bortower shall pay to Lardar wch rtwnih a sum equal to
<br /> �;�:,-:�:.!'h �: :`� �'��wi.1j T::D�y�y.�. '.^............�p:`.T;.tm �JV!!�F���j B4!!OY!!'!WI1!�!)��1l�k1!NNyMPI1 f.(1VKA(yl� IfWfK�4'CAii�LO
<br /> be In eHect. Undar wiU accapt, use and^retak� thesa pnyments as a bss reserve In lieu ot ma't�qe insurrncr. Loss reserve
<br /> paynwnts m�y no btiger be nGuired,at the option ot L�ndu, it mortgafle Insuru�c�coveraqe(in the anwunt and for the pwiod
<br /> that Lendx r�q,ulr�s) provld�d by an hwrw appro�ad by Lend�r again b�cortws availaWa and is obtak�ad. Borrow�e shall pay
<br /> th�pr�nMur�s nqulnd to m�kitain morty�g�bs+uuice tn otl�ct. or to provld� �loss r�sanr�. until tha nqulrMrw�t tor m«tq�pe
<br /> �isur��ca a-�:n a:.�ar.::nca w�:�any wr�i�br:a--na�t b�:.•a�,� Ba�::snd t�ct�: or^^^.Y.,.::.�h:e faw.
<br /> 9. Itffp�CttOt1.Lendx or its tyent my make nssonaDN�ntries upon and 'nsp�cUo�s o�the Prop�rty. Landw ahaN piv�
<br /> Bortowx notiu�i th�tkna ot or prfor to an hsp�ction s�(yiny renaonaDk cause Iw the GispecUon.
<br /> 10. COi1d��it11at10n. The proceeds of any award a c.ialm for dartiages. direct or consaquentiai, n caxiaction with�ny
<br /> condMrnaUon a other t�kin9 ot any pul 01 the Property, a Uor conveyance in li�u of cond�nu�aUon. �re hweby assipn�d�nd
<br /> shall De paid ta Lendrr.
<br /> In ths ovmt oE ■ total taicing of the Property, the procoads shall be appYsd to the wms seasrsd by thla S�curity
<br /> InsWmmL whMher u not tAan due,wiih any excecs pald to Borrowar. In the evant of a p�uUal Uikktg of Lh�Prop�rty in wh{ch
<br /> the tak markst vaMre of tn�Proparty hvnedi�t�t�lore iho taklny Is equal to or yrwta than tho amount ct the wms secured
<br /> by thls S�curity i�,sLvm�nt irmiediately betore the taking, w+l�ss BoROwa �nd Lender othawls� ayreP in wriding, th� surtu
<br /> seau�d by thia S�curity Instivm�nl shaN ba nduCad by ths�mount o1 th�ptoueds nwktpii�d by ths tobwinp fnctlon: (�th�
<br /> tota!seraunt o1 the sums sscu�sd Irtn�tety bMon ths takk�Q, divlded by (b)the f�r m�iat va�w o1 th� Propwty imnw�irtNy
<br /> bl�W!1110 ZikktQ. Af1y bi1Y1C!E��l'�10 �OROMf�f. (fl th!Ntllt O��PifT{�1�(�f19 Of L'�4 PI'OPN1yl Ifl W�I�C♦1 tf11 hif MWkN
<br /> Y�Y!O1 1hQ PfOalfL}I hYflld�ftlh/ bl�0�o th!S�kIfIQ ft kSi thill t1N�I110U11i O�tlt�6UfR5 S�CUf'!��IIfYI1�L�f b�Ofi thf LkYI�,
<br /> w�bss Borroww and Lendw oth�� ayne iee. wriRlny or unN:s appYcabie I�w oth�rwlss provides. tAe proossds shal be
<br /> aippied W tha wn�s s�c�u�d by thls Sacurity Ins�u�s�nt whatl�or not th�swws sn thet�dw.
<br /> If th�PropMy ia�bandon�d Dy Borrowx. or d. aft�r nc7�by L�nder to Sorrower that the condermar aif�s W maice an
<br /> awa�9 or settla a d�M� tor d�ms��s. Borrower 1ails to re�sR� to Lender wAtdn 30 days ater the date the notice ia S,i+en.
<br /> Lend�r Is autlwrized to coRsd+i+�d ap.py tM p�oc»ds. at its option, aelw to �ectoratlon or r�pair o! th� RaP�ty or ta th�
<br /> sums s�au�d by this Security Instrument,wh�he�or noi then due.
<br /> Unku landor and Borrou►er otheiwtse �yroe in writiny. any ap�licatbn ol procesds to principd shaY not �ctand or
<br /> pos�or►�ttw due dat�of the monttly paymaits rMarad to ln paragraphs t and 2 a chanye the amount of sucl�ptymenUs.
<br /> 11.Bwtow�r Nat RN�sa�d; Forb�ar�ttca By L.�adw Not a Waiw�.Ext�nabn of th�Wrw ta psyn,ent a
<br />' rt�o6icallon of rno�tlx�Uon o!tfu wms sacurod by this Seauity Instrumw►t g�r�ted by Und�r to any succyssa in int�nst o1
<br /> B«rowr shaY�t operat�to rdease tt►�4ab(�ty o1 tAe oriQhW Borrowar or Bortowx's successors in Intrsst Lend�►chaN na:
<br /> b� roquired to comr�ee procswfr�Qs +Sainst ai+y successor In fnteral or rc(use to extend tlme 1or�t or oth�nwise
<br /> mpdi(y amo�tl�on cf the sums s�cured by this Sqcuriry MstturtMr►1 by nason of my d�nand made by the mriglr►al Barowa or
<br /> Botrotv�►'s suu�ss�cs in int�nst My torb�ewc.a by Lender in �urcisin� any t{�ht or rm�sdy shalt�scx b� • wairrar of or
<br /> pt�dud�th��xarase ot ar.y�lyht or remnly. -
<br /> 12. S�,cc�sao�a and Aaetgns Beund; Joint aad S�v�al LiaWlity: Co-�i�r+►�. Tfw covw�.r►u and
<br /> �grMt+►Nnts of Nls S�curiiy Instrument rtuY bhti and b�n�6t the successors arsd asslg�s of L�ttder�nd 8otrower,aubjeCt to tho
<br /> provitiats of pra�sph 17. 8orrowx's wwnanta�nd agMrt►ents shap be�oini and savaal. My Borrav��r who co-signs thk
<br /> � 'y Instrumrr�t�:�doa not exewte the Hote: (a)ts co-slyning this Sauu3y Mstrumr�t ony to mactg�Q,e.9rant and convay
<br /> that Bortowar'a intsrest in th�PropMty und�r ths Urtns of this S�curiry Instse�ank (b) ts not perso�alFj ab�y�ted to pay the
<br /> wms s�au�d by thls Securiry k+strumenk and(c) ayre�s tAat Lond�r�nd �ny other Bc.�n.�wrer may agroe to sxtend. rtrody.
<br /> tat�r a rtwk�a�ny accarmodsi�ns with nsard to th�twms of this S�auity Inshum�nt ar tt�Note Witi�ad fhat Boaar�s's
<br /> cortsent.
<br /> 13. Loan C1t�afg�s. II tha loan seciuod by thls Secwiry InsUumw►1 is subject to a law whkk sKs maximum ban
<br /> charqes. and that {aw 6c fnaMy interyretsd so that the intwast or othar Io�n charges coYected or to be cc�cted in connectio�
<br /> with ths ban �d the pemuted Ymits,thm: (a)any sucN toan charge sha(I be reduced by the�rnount necesasry te neduce
<br /> . ths dwy� to th� pemiittod imit; and(b)any sums atteady coWcted from Borrower wh� wcceeded permitted iknits wl be
<br /> 1 nRUZd�d to Eiarowtr. L�ndr m�y choos�to�t2As nfund by r�k+ck�q th� pchcipal ova�d undK ttw Nois os by a�ktas a
<br /> d'irsel payrneru to Bortower. H a rMund ►�duo�prindpal. the �eductiai wiN b�k�atrd as a partid prepayment withhout any
<br /> ' prepaymw►t uwQa ut�dw the NoU.
<br /> . t a.Notic.s..a,y nw;e.to eorrow.r pnx+aa r«h tnis ssci,�ay Insvument sl►ar ne pv�,by a.w.r�g d or ny rt�g d _
<br /> . by tr�:C:�s tr::c..--�Scos-�a L«r rc�:�uss ot�ath:. tr�!►a�. Tts�rstulra st�at!ba��.3 ta:tsa Pra��--ty Addre«�
<br /> or �ny Wher sddnss Bortowx dsslgnates by noUcs to Lend�r. My notice to Lander shaN be given by 6rst c{ass m�il to
<br /> , Lende►'s addreu stabd herein or any other address Lentiar deslgnates by notice to Bortow�r. Any notic�provided tar in tlys
<br /> S�curity Insfiirt�ent shall be dewned to have 6eon gtren to&urowx or Landar whan yivan as provlded in this parayraph.
<br /> 15. Gonnrnin� Law; Sawnbilky. This SecuriRy InsVument shaN be govemed by tederal law and th� I�w ot the
<br /> • jurisdictlon in whici� the Propwty is bCated. fn th� evant that any prov'ision a dwse of thls Sec�uity InsUum�nt or tha Not�
<br /> conlWcts with �pptieaWs law, sueh conAid shaq not alted othe►provlsJons of thls SecurAy Instrument or the Note whkF► can be
<br /> gNen e((ect wAlwut ttw con�ictiny provislon.To thls end ttw provisbns of this Security InsUUment and the Note are declared to
<br /> b�saveabie.
<br /> 16.BonOwar's COpy. Bortowe�sAaJl be given one contortned copy o1 the Note and of this Sewrity InsUumait.
<br /> F1316.LIA0(3/9e) P�qe 3 ct 5 � �
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