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� � <br /> �` _.,._ ,_- --� _.._. <br /> „�•� _ _ ._ _-__ -�:::�-__ <br /> , � �.- <br /> subst:u�dally equiv�lent mortgaRe insurance cn�•erage is ru�t�v�;ab�le.�rrower w•hen'tl►�Yin��ur�uc�cu c age�lapu-J�ur ce:t.�ei1<<� �,,r. <br /> one•twelfth of thr yearly nx�rtfia8e i��.�ur;uice pren�iu�t+eing p:!d Y � <br /> � ►knts�ma ��oi sie�b�'.rcqu i�.l. ��at the�Ptic�n t Le�nder f Ilk 1i�4$C insuranee co cr:►g�i���wc��uwnt�rrul fo:��he{�eri xl � <br /> My s G: <br /> , ttwt L.ctxtcr reyuir�s"t pro�lcl�d by an in;ure i�Q�Pr��in effcc�t�,ur u providc a lu,r r►',crvcp�until�hc r�cyuir��cnt far nx�rt8a`c� `c i <br /> the premiun�.c re�ufred tc�maintain nwrtga�:.' �s. <br /> insuraru�end:in aca,r.t:►ruc•�+�th any' written agreen�ent betw•rcn Ek,rr�wcr:uul l.c:r.der or arplirablc law. <br /> 9.Lnwpectioa. Lender�r itc agent nuy mal;c re:�na f!'n�nre:�onah�ic��f��the�ii�pect mp`+���y. l���er�h:ell gi��c �_ <br /> Barruwcr rx�dce at thc tinx ui�ar prior ca an in.pzciion s�c' y e <br /> iQ. E.��y��.7'� pr��is oi any award �,:clwm for d►maecti. Qirect or cunrcyucntial. in r�mnccti�+u with an� �_ <br /> ca��c:tmuii���u: �h.r ta»ir.; t•f�ny �rt of the PrnDtnY•oe f��r ciu�vey�ttcc iu lieu c►f�undemt�liun.ure hercbY u.�ci�tx�l� � <br /> sh�ll t�e paia to i-.cn�+c�. !�_ <br /> In the evt then due.�w th any zx eFrp�id�t°tBorrower�ln the evcntPof a part��w�ing c f I�e�Pmpc�ty�wti ch th: E:aiQ� <br /> whethcr or no <br /> market value of thc Prapertp ir�u�l�rtethc talcin unless��BotroWer and Lendcr�otherwicc ngrx in�writing yche cun�.�sccurzd bY� �^ <br /> S e c u r i t y l n s t r u m e n t i m m e d i a t e l y b e f o e S � <br /> this Security inswment shall be reduced by the amaunt o f t he proc e a is m u l t i p l i e d b y t h e f o l l o w�i n g i'r a c tion: tal thc tM - <br /> �mount of the sums secured imm�dll �Y �d,o Borrow�erg.�In�thee e ent�of a part talcing of the Properiy In�whuh the� fa,i' — <br /> before the taking. Any balance sha pa e _ <br /> market value of the Property immed�ately before the tnking is less chun the anwunt of the sums securai�mniediatciy befare the <br /> taking,unless Borrower and L.ender otherwise agree in writing or unless applicable law otherwise provides.the proceeds s}�a11 <br /> be applied to the susns secured by this Security Irutrument whether or not the sums are then due. <br /> If the Property is ubandoned by Borrow'er,or if, after notice bY Lender to Bonower that the mtxlemnor offerc to maice an <br /> award or settle a claim for damages•B t�wT�fa��is ta``�e.�sop�n e�j�j�o restoratlon or repair of the�PropeR oir�to the ums = <br /> l,ender is sutiwriza.i to wllect and apply P �- <br /> secured by this Security Instrument,whether or not then due. <br /> Unless Lender and Bo�hl othe�n S refe red to in�pagragraph PP'and 2 o rchange c�he tamaun of�such paymentti tend or <br />_ postpone the due date of th y wy e g �nder Not a�Vaivee.Extensian of the time tor paytnent or modification <br /> 11. Barcower Not Released:Forbeuranc Y <br /> of amorc��aUOn oi ine sunu�u����_���V-°�snt;T"-`��'"���tod by Len��r to any successor in inter�st of Borrower shal <br /> � �;,t�uir�t� <br />= not operate to release the liability os ce o�ri8r�i�rest or cef��to extend time for paynmentSOt herwise i►wdify amortization <br />- commence proccedings against any <br /> of the sums secured by this Security Instniment b� re�on of any demund made b�y�th'enpi�w�er of orrprecludeethe __ <br /> successors in interest. Any forbearance by Lender in exercising uny right or remedy , __ <br />- eacercise of any right or remedy.� �nd; Joiat and Several Lisbllity; Casigaers. The covenants und agreemeats of this <br /> 12. Succeswn and Assi� <br /> - �u raph 17 u Borrowerl s covenantseand tagreements shall be oi g and se���1r.�Y�BO�owerswho co-s'is phic�Security <br /> �g m y g rant and convey that <br /> ; Imirut►�nt but dr•es not e!ce���te the Note: (a) is co-signing this Security lnstrument onl to mort age, g <br /> � Borrowtr's interest in the Property under the i�tt���°����in��o,wer may agree to3exbe1nd[modifY.foTbea�'or <br />� secured by this Security instrument;�(c)ag <br /> - p�alce any accommodati�onsf the loan�+�.ured by tliis Security InstNment is subject to a law wt►ich sets maximum loanscharges. <br /> - i3.Loasa Charg <br /> and tt�at law is finally interpreted so that the int���ge�1 begreduced byt he ta��n Il�ry�r�t���rge <br /> - loan ea�cced the petmittad limiu. tt►en: (a)�Y �:ectal from Borrower which exceoded pemutted limiu wiU be refunded to <br /> to the Aem�itted limit:u�d (b)�nY sunLS already a ��,,��o rhr nrincio�l owed under the Note or b malcin a dicect <br /> Y g <br /> Bormwer. L.Ender may ehoose to tmi�c t��is �c�a:... ba s�+----�, . m wiiiiv�i ::�J <br /> � paYment to Borrower. If a refun3 roduces princiPal, ti�e ia�:�.t'°n will be treated u a partiai PrepaYme <br /> pre�ayment chazge under the Note. <br /> 14.Notiees.Any notice to Borrower provided for in this Security I�uwment s1►31�be S�ven by delivering it or by�re� <br /> it by fitst cla�s mti�untess aPPl�cab�e�aw requires use of aiwther method. The notice shall be d�rected to the Property <br /> or any Mt�er �dd*ess BonOwer designates by notice to i.ender. Any notice to Lender shall be given by first class mail to <br /> l,es�der's oddras stated herein or any other address LendEr designates bY notice to Borrower. Any notice provided for in this <br /> $�CUtity Instrvment sf�ll be deemed to have been given to Barrower or i.ender�+1un 8iven as provided in this paragt5►ph• <br /> - 15.Governinft �w; Severability. This Security Instrument�halio Q S�ae�f this Sacuriry U�strument or the Note <br /> � jurisdiction in which the Propetry �s�ocated• i°the Cveiu that any p <br /> conflicts with applicable law,such eonflict shall noi affect other provisions of this Socurity Instrument or the Note a�hicfi can be <br /> given effece without the conll��ting provisian.To this end the pmvisionc of this Security Inswment aud the N°«���0d <br /> - to be severable. <br /> 16.Ba'mwer's CoP3'-�TTOwer shall be givea one conforn�ed copy of the Ncte a�of this.r+ecuntY o�+�nterest in it <br /> 17.Transfa'of the ProPerty or a��ficial Interest ia Borrower.If all or any part af the ProPeMY �n)without <br /> is sofd or trancferred(or if a benefinstl interest in Borrower is sold or transferred and Bon'ower is not a natural pe <br /> Lender's prior vvritten consent. I.ender maY• .a �ts oPt�nn. require immediate paYment in full of all sums secured by this <br /> - Secxirity Instnur►ent. H�wever.this option shall not be exercisod by I.ender if exercise is prohibited by faderal law as of the date <br /> of this Security Instrumem• nod of not <br /> If l.ender exercises this option,Lenda shal�gi�e Bo�TOw•er notice of�cceleration.The notice shall provide a pe ' <br /> less thu� 30 days from the date t1►e notice is delivered°no�o�eitiii�won of this pesiod�1.end r may nvoke�anyret�'dies <br /> = - c,,ecurity Insuument.if Borrower fails to pay these sums p � xP <br /> = pemutted by this Securiry Enstrument without further notice or demand on BorraWer. <br /> 18. Borrowec s WSbt to Reinstate. If Borrower moets cercaii t�t��lier of�(a)5 days (or�su h othertperiod as <br /> - cnforcement of this Security Instnrmrnt discoatinued at any time P ��t io �y �Wer of sale contained �n th�s <br /> applicabPe law may specify for reinstatement) before sale of she Properry pa <br />�� Securit�inctnnneot:or�(b)entry of a JudBment enforcing this Security Inswment.Those conditions are that Bottower:(a)pays <br /> = L.cnd�r a;l sums wr:eh then would t+e due under this Securi�y Ias�mcXt�S�ncu���enforc�'ing1this�Ses� Ioc�t�nb) <br /> � cures any defaul.Q��Y otl�eti• caverianss or a�^:ements; (c)pay. pe <br /> = iitcluding. but not timited to.reasonable attomeys'fees: azx1(d)takes such action as Lender may reasonab3y •Cyiliid t6��Siti'�. <br /> = that the lien of this 5ecurity Instrument. Lender's rights in nhe Pr'ope e�art3 b°n��oue�l'ihasion�t u pay Insirument and tt►e <br /> = this Security Instrument shall continue unchanged. UPo <br />�.� obligatians secured 6ereby shall remain fully effactive as if no aoceleration had occurred_ Iiowever,this right to reinstate shall <br />_.� not�p1y in the case of acceleration under paragraph 17. <br /> 19. Sale of �ote; Chaage of Loan Servicer. The Note or a partiai interest in the Note (together with this Security <br /> - Instrument)may be sold one or more times without prior notice to Borcower. A sale may result in a c'�nge in the entity(known <br />- ,= as the"Loan Servicer")that collects monthly payments due under the I�ote 3nd this Security lnstrument.Thera also may be one <br /> or more changes of the L.oan Servicer unrelated to a sale of the Note.Ii tnet e is a changc�f the�aWn��virPr, Rnrrower will be " <br /> given written notice of the change in accorc�ance with paragtaph 14 above and applicable law.The notiee will state the name and <br /> address of t}�°. new 1-oan Sen'�cer an�t1►e address tn which payments slwuld be made.'The notice wi11 also contain any other <br /> information required by applicable law. <br /> �. ��t� ���, gorrower shall not cause or permit the presence, use. disposal. stordge. or release o any <br /> Nazardous Substances on or in the Property. Borrower shall not do, nor allow any�ne else to do. anything affecting the <br /> Property that is in violation of any F.nvironmental Law. The preceding two sentences shall not apply to the presenr.e. use. or <br /> storage on the Prope�y����of the Pt pert�dous Substances that arc generlly reco;nized to be appropriate to normal <br /> residential uses and t <br /> Vp�3 of 4 Form 30Y8 9190 <br />