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<br /> „ 13. I.an Cbar�es. Ii thc I�wn recural by Ibis Securily In�wmcnt iK�ubJec�tn a!uw whicb Mtti muximum Iwn —w:=�-=-:- . �,,
<br /> char�es,and thwt law ia finally inrerpreied s�+ �iwt�he intere��or�wher Icwn charger�rnllccted nr t�.br cullected in.•anncrtinn .','•;. _ ,':.•;���^�r,:-�
<br /> ' wlth the Icwn excad the permiucd Hmltd,lhen:lul ony r�uch laan charge�h+ll!+c reduccd hy the++maunt nrrc+�ury io rcduce • �� •� •:� N•>�
<br /> ' � 1ha chatpe�o tha permiucd limit;and Ib)my sumb alrcwly colkrled frum &vn�wer which c�reedcd purmiucd hn�i�+ wfll �
<br /> be refunded to&►rrawer.Lender tn�y chua!�c �o make�his refund by�cducing thc princ�pal owed uiuicr thc N�wr�+r by muking � 'Z
<br /> •• . p dircct payment lu Burcuwer. If r rcfutul rulucc►princ�pal,the rcduction will be trc�ted•rs a p;trtiul pr��paymen� wilhMn :•
<br /> ' any prcpayme�t chorQc under the Notc. � �'�
<br /> !4. NMke9. Any nMice to Borrower pmvided for in thia 5ecurity Instrument shall be given by deli�•ering it or .
<br /> � by maiNeg it by t�rat elncs mail unless appliceble law requires use of another methcxi. The notice shall be Jirecled a►the -
<br /> properry Addreas or any othcr add�ess Hurcower designates by nwice to L.cnJer. Any nutice t�►L.cnder shull bc given by i ,
<br /> ' first clacs mail to Lender's address stated herein or any uther addrrss l.ender designotes by notice tu Bon'ower. Any natice
<br /> provided for in this Security Inatn�ment shwll bc deemed to have been giv¢n to Banower or Lender when given as provided �
<br /> ln this parae�aph. � -
<br /> 1S. Governit�I.aw;Severobility. This Security Instrument shall be governed by federal law and the law uf�he
<br /> jurisdiction in which the Property is lacated. ln the ev¢nt that any provision or clause af this Security Instrument or the Note i
<br /> � ' con0icts with applicable law.such conflict shall not Affect aher provisions oi this Security Inxuument ar the Nute which
<br /> , can be given effect without the conflictieg provision.To this end the provisions of tNis Securiry Instrument and tl�e Nate ••. ;•,�,.:. :
<br /> ., ane declaral to be severable. ` `""�• . :
<br /> .J.s:,.�.-�,�.:.
<br /> 16. Borrowe�'s Copy. Bonower shall be given one confarmed capy of ihe Note And of this Securiry lastrument. t ;���-
<br /> 17. Tronsfer ol'the Property or s� BeneHclal Inlerest in B orrower. l f a U or any pa r t of the Pro p erty�x an y ,
<br /> interest in it is sold or transferred(or if a beneficial interest in Bo�rower is sold or transferred and Bor�ower is not a natural
<br /> person)without L.ender's prior written cansent. Lendcr may. at its option, require immediate payment in full of all+ums . �..
<br /> � secured by this Security lnsuument.However,this aption shall na be exercised by l.ender if exercise is prohibited by federal ' • _
<br /> law as of�h� date of Ihis Security Instrument. � .
<br /> If Lender exercises this option,L.ender shall give Horrower notice of acceleration.The notice shall provide a period
<br /> • of not kss than 30 days from thc date the ncxice is delivered or mailed within whkh Barrower must pay all xumy +ecured ; . �
<br /> . by this Securlty Instrument. Ii Borrower fails to pay these suma prior to the expiration of this period. Lemier may invoke : •
<br /> • , ` a�y remedks permitted by thi�Security lnstrument withaut further noticc or demand on Borrower. � �
<br /> 18. Borrnwer's Right to ReinsWte. If Bortower meets certain canditions. Borrower shall have thc righ��o have
<br /> . , enforcement of this Security Instrument discantinued at any time prior to the earlier oP: (a)S days(or wuch other period
<br /> � as applicable law may specify for reinstatement)before sale af Ihe Properry pursuant ta any power of sale canwined io this � ' ��`
<br /> � Security Insirument: ur (bi antry of a ju�grnznt enforcir.g this Secnrin�ltuttument. Those c!�t�iltionc are that Borrower: _,��
<br /> ° (a)pays Lender all sums which then would l+e due under this Secudry Instrument and�he Note as if nn acceleratinn had ' ''�R
<br /> occurred:(b)cures any default of any other covenants or agreements;lc)pays all ezpenses incurred in enforcing this Security . 'j'�
<br /> Instrument,including,but rtot limited to,reasonable attorneys'fees;and Id)lalces such action as l.ender may reasanably ��:f .
<br /> requi�e to assure that the lien of this Security Instrument, I.ender's rights in the Property and Borrower's obligation a►pay
<br /> the sums secured by Ihis Security(nstrument shall continue unchanged. Upon reins�atement by Borrower,this Sccurity In-
<br /> strument and the ot+ligations secured hcreby shall remain fully effectivc u+if no s�cceleration had cecurred. However, tfiis
<br /> right ta reinstate ahall not apply in �he cuse of acceleration under paragraph 17. ,
<br /> 19. �nnle oi Note;Change oP I.oan Servlcer. The Nate ar a partiul iMeres�in�hc N�ne(together with thi�Security �
<br /> Inatrumentl may be udd one ur more times witiwut prior notice tu Borruwer. A�Ic may result in a change in the rntity ;
<br /> (known as the"Loan Servicer")that rollects monthly payments duc unJer �hr Notc and this Serurity Instrument. There
<br /> also may be one or more chenges of the l.uan Servicer unrela�ed to u Sule ��f the No1e. If there is a change nF the Laan
<br /> Servicer, Borrower will be given written notice of the change in accordancc with paragraph 14 above and npplirs�ble law.
<br /> The notice will state the name and address of the new Loan Servicer and the address to which puyments shuuld be made. �
<br /> The notice will also contain any other inPormation required by applicuble law.
<br /> 20. H�rdous Subsls�nces. Borcower sh�ll not cause or permit the presence, use.disposal,storage,or rclease
<br /> of any Hawrdous Substances on ar in the Propeny. Borrower shall not do, nor ullow anyonc cl�to do,anything aficcting
<br /> the Propeny thnt is in violation of any Environmental Law. The preceding two ,entences.hall n�K apply to the preyence.
<br /> use,or storage on the Property of sm•rll quantities of Hazurduus Substances that ure�tenerally recognized to be appropriate
<br /> to normal residential uses and to maintenance of the Property.
<br /> Borrower shell promp�ly give l..:nder written notice of any investig�tion,cluim,demand,law.uit or other actiun by
<br /> any govemmental or regulatory agency or priva�e pury involving the Prciperty and any Haxardou. Substance or
<br /> .. Environrmntal Law of which Borrnwer has actual knowledgc. If Borrower Ie•rrns, or is nntified by any governmental or
<br /> regulaiory authority.that any removrl��r other remeJiation of�ny H�ardoua Sub.tanre aff'ectmg the Property is ncrc+sary.
<br /> � Borrower shall promptly take all necesaury remedial actions in accordunce wnh Envirunmentul [r•w.
<br /> As used in this paragraph 20,•'H;�zardous Sub�t�nces"are tho�c Sub�trncc+detineJ a�tox�r�ir hazarJou�.ubstances
<br /> � by Environmental l.aw and the following wbswnces:gasoline,ker�»ene,othrr tlammable ur tuxir petroleum pr�xiucc�,tuxic
<br /> ' pesticides and herbicides, volatile �olvents, material+cunwinin� •rsbe�to�or furmalJchydr, anJ radiu•rctive matcnal>. A.
<br /> used in this ps+ragroph 20, "Environmenwl L..;�w"meanti federsl I•rws and laws of the�uriufiction where the 1'ropr:rty i�I�x�ted
<br /> that relace to heal�h, safety or envirunrnental pmtection. .
<br /> NUN-UNIFURM COVF.NANTS. &�rr��wcr�nd LcnJrr further cu�enan� aud a�:rcc a, ti�lluu�:
<br /> 21. Acceleratinn;Remedies. l.ender sh�ll�i�•r notice to Borrower priar ro accelerotiun followink&►rruwer's
<br /> breach of any covenant or�Rreement in this Srcuritv Instrument Ibut not priur to acceleration under parauraph 17
<br /> ualess applicable law provides wherwisel.The notice shall specify: 1�1 the default;Ibl the Lction required N�curc thr
<br /> det4ulh Ic) a dsUe. not less than JO ds►yti from thr d�te the notke is Ri�en to Borroaer.by µhich the defs�ult mu,t
<br /> I be cured:aad(dl thot failure to cure the dePault on or before the ds�te speciRed in the notice may�result in acceleration
<br /> i o[We sums secured by t6is Secu�ity Instrument ynd�le ot the Property.The notice shaU Nirtner mi�►rm isorrower
<br /> ot the right to refnsWte afte�s�ccelers�Uon ynd the riRht to b�inR a c�►urt action W�.wsert the nun-existence uf a defuult
<br /> or any o16er drtense of Bnrrower to acceleralion and s�le.If the def�ult i�not cured un or before the date +p��ified
<br /> in the nalke.Lender at its option may require immcdlate{►ayment in Il�ll of�ll swns xtiured b�•this tiecu�it� In..trument
<br /> wHhout tUrRlKr demand and mwy im.►ke the pnwer of.r•ale++nd�ny uther remedie�permhtcd by vpplicvble Ivw.l.ender
<br /> shAll be entitled to coltect�I)rxpenses incurnd in pursuing the remedies pn���ided in this parunraph 21,includfns.
<br /> ; bi�t not dmited to. rea.w�wble pttorneys'tees ond costs of Utle evidenc�.
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