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<br /> f �-�_ � � /O�E OOYC17dE!S DO[iY�t�C�80lN1ftCf S�1lf�l��.�G[GC�1 alOOf�i SY111 OQI���Q _,
<br /> me-t�dtih �� �P����P�b3►Socmwer'wbd�the.inwran�crnetaBa hps�d a c�e�d to
<br /> a� � �l�/� .
<br /> bc ia effea.'f�el�a ' �i�c,;utc ao�.�dain these�tymtats as a toss :eserve in lieu of mottgage iasutaooe. G�ss :esave� .
<br /> , �ay�q 1e�e,r'6a aeqoitp�.u tbe option of ixoder.if mortg�ge itwtriooe covetage(in the amo�tnt at�d Eor,tbe pe:iod
<br /> ��i�t�sLa�des mrui�es)P�o'!�ded 1!!►'ao ia�u�et�pp�avtd by I.rnder again beoomes av�'W�k aud is o6taitjed.Borrovi(ik sitat!hay
<br /> . the ums ree�i�to mafntu�l mo�tga�e insur�►xx in ef�xt,a w pravide a loss iesenre.untit the nqui�e°ne°t.for maKtgage�
<br /> • r�eads in a000rdance with wy written agrcanent betwan Borrower and L�eMer or�pptic�te law. �r si�al!�ive
<br /> !.Is�e�tio�.Le4dec or its agrnt mry maice�sombte eaxsies upon aad ias��parons of the Y�operty: .
<br /> gutr�v�rer aotice�ttre dme ot or prior to an i�Ction specifyan8�nabic cause for tbe inspoaion. :
<br /> 1�..Ca�Nioe.Tbc�prooeods of aay award or ctaim for damages.direct or oonsequential;in conneetion with aay
<br /> -- �t oc 9tder takin&of an}}�rt of the ProPcrtY,ar for conveyance in lieu of aondemeatioe,aze bereby a5signa�and
<br /> sh�ll be p�id to Iender. ' ` � . _ •
<br /> In tbe event of a total taking of the Property.the proc�eds sfiail be applied to t6e s�ns sacured by ihis Security Instnm�ent.
<br /> w�afxs or not then dae,with any exa�ss paid to Borrawer. ln the evta�t ag a partiai talcing of tue Pmpelty in whi�h.the fair _
<br /> m�dcet valoa of the Pmperty immediately before the�Icing is equal to or greater tt�an tbe amount of the su�as secund by this
<br />_� ` S�svrity Inswmmt immediatetY 6efore the talcing.uniess Horrower aM Leadcr atl�erwise agret in writing.tbe swns secure�l by
<br />,�_ `Wis Sewrity Imm�mrnt sh�ll be zedaad;by t6e amduat of the procoeds multiplied by the foUowing fracdoa: (a)the total '
<br /> �� amounE o�tbe svms securod immodiately before the taking.divided by,(6y tiie fair mazket.vatue af the Praperty immediately .
<br />-`- before the t�ldng.=lu►y ba[aax sha116G-p�id to Borrower. in ti�e evmt of a partial taking of thc Pmpeny in wh�ch the fair
<br /> nwket value of e6e Praperty immediatel}�befote the taiong is tes�s tban d�e amount of tbe su�ns sec�►red immediately before tfie
<br /> � taking,aniess Bomuwer and Ixndec atfle�wise agree in wr+ting or unless appHcabte law otherwise provides.tlie pt+oceedq shall
<br /> be appliad to tUe sums sewrod by�this Se+�rity Tas�trument wilether or.fwt the sums am thca�due.
<br /> _ If the Propecty is abandoe�ed by B�rower.or if,aftet iwtice bY Lender to Borrawer that the wndemmr offers to m�ice an _--
<br /> award Qr setde a claun for datnages.Borrower fails to re.spond to.Lerder withia 30 days after the date the aatice is given.
<br /> . Lendpr u authori�ad to aoUett and apply the pro4�ods,at its opuoa.either ta res[oration or repair of the Property or w the sums
<br /> secu�ed by this Securiry L�sriument.whetlier ur aot then dae. ` - ---
<br /> _ � Uatess Lader aad Borrower otherwise agres in writing,siry application of prnceeds to principal sball.tiot extend or E:_
<br /> postpone the dne date�af the inonthty payments referred to in paragrap6s I and 2 or change the amount.of such payments: �-�"_-
<br /> 1l.aorRO'wer N u t R d a e e d:F o r b a r a o a By I.eoder Not�i.�'�a:Excension of the dr�for paymept or mod�ficatioa
<br /> - . of amortir�tian af the sa�secutrd by tttis Seturity Inswment gracv�by[cnder to ariy sucees.sac in interest of Sorrower sfialt•. �,z--
<br /> ',.<. ���,-
<br /> -:-, not,operate to release the liabiliry of the original Borcdwer or Borrawer's successors in interest:LeMer shall not be required to' � . _:�:,�:
<br /> .�'' oommence proaedings against any successor in interesc oi ref�se m 8xtend time for payment or otherwise modify amortizatioa _ aP:- �.t.,;,:.-:
<br /> _. • of ttte s�uAS �eatred by..4fUs Security Iiutniment by reason o€_aa� deinancl made by the ariginal Borrowes or Borrower's :�;.;'�`�.�:;_;.
<br /> s _<IT.�:',;:�. ;�
<br /> . �`.:.,,;;;� , successors i�iateresc. Any fori�acance by Lender in exer�isirig:ain_:rraht o't remedy s6ali not 6e a waiver of or preetud�the' �� t-,-.:��,;
<br /> j�t,_„r exercise of aay sight ar remedy. . : �.:,�
<br /> ;;��'�,,;;;• , . l2.Suooe�o�s s�nd A�Sas Bwmd:.loint and Severtd L�f9;Casigae�s. The covenants and agr+eements of ihis
<br /> �:� ,�;,�,:•,.;,, Serurity I�trument sha11:6ipd and 1�enefit the successats aad a5sigas of Lendec and Bormwer. subject to tfre groriscons of .. ,;'.��_�
<br /> �e ` .,�.. .�
<br /> `�''�°.._�,�;, P�B�h 17. Borrower's�covenants and a�reements sl�all 6e joint and severnl. Any Barrower who co-��ss [hts Security ' •
<br /> ��,�. Inurument but daes not execute the Note:(a)is co�signing this S�urity lnstrument onty to mortgage.grar.t�:-?d canvey that , [';_�'
<br /> . ��. , Borrower's interest�n tt�e Property under the terms of this Security Instrument;(b�ic not cersai�ailv obligated�o y the sums �� :
<br /> secured by thu 5ecuriry Inshument;and(c�a=`rees that Lender and any other Borrawer may agree tcr e�tend,modi r,forbe�ir or ' " . �
<br /> '�k=•...:.,��: : _. . . . ;:.
<br /> _� r' ,,.=.: m�i c e a n y:�c c o m m o d a t i o t ti s with r e g a r d to ehe terms of ihis Seruri ty Inswment or the Note wrthaut cfiat Borss�ver's cansent.
<br /> ��, .. f_ . 5 �`�;i�;.
<br /> . ;�;;�'�y;, YF 13.I,as�n C6args.If�}te loan serLred by this Sc-�usity Instrument is subject to a law whieh sets ni6.�loan charges. ,:...
<br /> y '- r• �' and that law is finally�Aterp�ted r+o that the interest ar other laarti charges collected ar ta be collected 'as curatection witt�the ��•.t:'... . • `,"�a�:.
<br /> : a,�_..._.�.` �:t••
<br /> � , • loan exceed the permitted lij�,ts,then:(a>any such loan charge shall be reduced by the amount nacessary to reduce the charge � •� '�+`'
<br /> �- to the pemriued limi�and-((r�.any sums alread}r collected from Borrower which exceeded percnitted limits will be refunded to �:°�',. �. .°:`'''' '�
<br /> � .C�.i. ..`{•:,�p�' ._ .
<br /> , ;. :1-,'•,�.;-1 Borrower. L.ender may choose to make this refund by redncing;thc principal owed under the Note or b}�making a dirett t ; � � � �•
<br /> $E
<br /> . payment to Borrawer. If a refund reduces priacipal. the redu�F�:c wiU be treated a� a p�rtial prepayment withaut any �. . ' �;°��" �
<br /> :�r:.i� ._
<br /> - prepayment charge under the Note. � • • , p�
<br /> � ��;;�.�;. '�� 14.Notkes.Any notice ta Borrower provided far in this Security lnstrument sha116e given by delivering iE or by mailing r::�: ' ' :=�•`,�-�
<br /> . >1{-;.... . :^: .
<br /> .�_�.�, ,�.�s it by first class mail unless applicable law rcquires use of another methad.The natice shall be directed ta the Prapeny Address . k'.: . �• ',.:;
<br /> . :s:�_::.�:�•:.. m any athec address Borrower designates by natice ta i.ender. Any notice to Lender shall be given by first class mail to - •� � , . ""�-`
<br /> 5'�;5?�y, >'>,:F �;.' i �.._;�k,,,,_-
<br /> . «�•!�;.� ;� � . I.ender's address stated hereln ar any other address Lender dcsignates hy n�[ice to Borrawcr. Any notice provided for in ehis � `'
<br /> : �.;:�-t�'�' � •� Security instrument shall be deemed to hace been given lo&,rrower ar l.ender when gi�en a.s pm�-ided in this para�raph. ;� ' . �
<br /> :�,..,.
<br /> '��;"'�''� ... 15.Gaverniag Ls�w; Severabll�ty. This Securit�� Imtrumem shall bc gavcmecl by federal Iaw and the law of thc
<br /> :,..:,., _
<br /> ' ' �?��,�.,..;_,:.. � jurisdictian in which the Property is lacated. ln the e+�ent that any pravision or clause of this Security lnstrument or the Note �• �• �� ` �. "�z,:"
<br /> c o n fl i c u w i th a p plicable law,such conflict shall not�ffect alher pri�vwnns��f thi4 Security Instrument ar the Note which can be �y�� . � ::'�
<br /> .� �.g,._,: .,, given effect without the ronflicting provisian.Tc�ihis cn�the piavi�ians af this Serurity In�trument an d t he Note are dec lar e d
<br /> , .. . . :,�`•.p�
<br /> <...•._.. :. [o i►e severab�e. � n`
<br /> '-:���"� ti- -' 16.Borrnwe�'s Copy.Borrower shall be given ane mnformed c��py of the Nate und of thiti Security InslrumenG ' . , �„-�� � ';'�'+':?'�'
<br /> •. -'===r�:=, ': 17.Tr�fer oi the Property or a Benetklal laterest in Borruwer.IP all or�ny part of the Property nr any interest in it ;,, . "::�':�:
<br /> � • �f'�.:':;_ ' is sotd or tran�fened(or if a bcncficial interest in&�rrower is�old or tran�ferrr{f and Rarrower i.not a natur�l per+on)withaut �•
<br /> '. Lcndcr's priot wdtten cansent. l.ender may, at its oplion. rcyuirc irnmecliate payment in full of all wms ticcurcti by this ���" �
<br /> � �r" � • ='�, Security Instrtamcnt.Hawcvcr.ihis uptic►n�li�ll not be exercised try Lcndcr if cxcrcnc r�prahibited hy feciersil law a�uf thc date ' .
<br /> ' of this Security Instrument. � , '
<br /> �,. . ' • • lf LenCer exercises this aption. Lender�hall givc Borr��wer nutice nf:icc�leratiun. The notice�hall ptuvide a perind af aa1 �
<br /> . •.• fess than 30 days from the date Ihe noticc is deliverul ur maitcd within�vhich B��rrowcr nwst pay .dl �um� yecured by this ; ..
<br /> ' . . Security lnst�ument. lt Bartawer fails tcr p:ry thcsc tur.�.ti priur t�the expiration c�f�hiti Txri�xt. Lcnder rrwy inv�ikc any remedies i , .
<br /> '� ' � ` permittcd by'this Sccurity lnsirument without furthcr n��ticc or Qtn�and�+n Bnrr�+wcr. � .
<br /> ' - 1$i;Borrower'.5 Right to Rein!;tate. If gormwer mret� cenain condi�ionti, ti��rruwcr �haU have the right to havc ' . •
<br /> . . '. enforc:m.nt.uf this Security Insirument dircnn.inued �t any time priur tu the earlier��f: t��5 day� (ar tiuch �ither peric�J �
<br /> � '` ' �' applicablo ta•H may tipecify fnr reinstatemenll hefvre ralc ��i ihe property pur�uant tu ;my p+a•er uf�ale cu»tained in �his , . •
<br /> � � �'° Security Instn�ment:or(b)entry uf a juJgment e}�furcing�his Security In�trun�ent.Thase couditians are ihat Borrnwer. (W►pays ,
<br /> � • � � �'� �� Lender all sums which then wc�uld be duc under this Security TnSuument und�he Notc as if na.iccelerution h:ui rxcurrcd:(h)
<br /> � • ,. • cures uny defuult uf s�ny uthcr cavenantti or agrecment�: (c► p.�y� all c�pci�•c� incurrrd in enforcing this Se�urity In.rtrun�cnt. _
<br /> � inciuding,but not limitcd tu. rcatiu�iabie aitkttucy�s' tc��+; .�nJ!d►takc��uch.icti��n as I.cndcr�aiay rc:�sun�bly rcquirc w a.rtiurc '
<br /> � that the tien of�his 5ecurity lnstrumeni, le:ndcr'�right�in thc Pr��perty anJ Harruwcr'+ubligati�►n t��pay thc sums,ecured by
<br /> , . this 5ccur1lX tnstrumert .hall cnntinuc unchangcd. Upon rcin�tatrmcnt hy gurru�ver. thi� 5ecunty Instrumcnt und 1hc
<br /> _ . �. . - ubif�tinnw ucurcd herchy shall rcmain 1"ully cffrctivc a��i nu accrlcrau�+n had ucrurrrJ. Hawcvcr, thi�riglit to rein.rtatc+hall
<br /> not�pply in the casc nf�rcclrratian m�dcr p.uagraph 17. ,
<br /> � -� ' I9. SSite of Nate: Chan�e o�i.van tiervircr. TI1C N1/t���i :1�Y,IiNiII ratrr��r� in the N��te 1t+�ether with this 5crurily -
<br /> , Instrument)may be st�ld une ar mnrc timc�wi�haut priur ne�tic�t��B��rre+«er. A�ale ut;n• rc�ull in u cltangr in thr rntity Ikn�►�vn �
<br /> � a�the"Loan 5crvicer")�hut cullects monthly payments dur undcr the Notc a»J�t�i.5ccuri�y Instru�nent.Therc atso may hc�+nr � .
<br /> ' �' �.' ' � ur m�rc cfr�u�gcy��f'the Ln3n Servirer unrclatcJ tu a y:►to uP ihc Notc. lf thcrr i�a clu�n�;c�if thc Loan 5crvicct.B��no�vcr�vill Br
<br /> . given wrilten nu�ice of Uic rhan�e in acwrdanrc�wiih paragr�ph 1�abi�+�e:in�applicahle law.'1'Ite untice aill statc Il�r n�mic:inJ •
<br /> �xiJrr�s of the new Lnan 5ervieer:uut the u�dress to which}rayments tihuul�i I�r maJe. T(�e nutirr will al�u cuntain any ��Iher
<br /> • inf�rtn:►tinn reyulred by applicablc I:�w. . .
<br /> -__- _- --_:---- • Zlt�lia�rdo��tsstu:srrs.�&�nc�wrr �tsilR�e�u.�e<�t p.tsetie.tl�e pr��e.._use:4lispcts�!_ st�ragr�or.mla�� „f_:my - - --:---.—�-_..._-..
<br /> � Hat�tduus 5u6stancrs un ur in the pmperty. Bt�rr��w�r thaU nat do. not :►Ilyw .mycmc dsc t��do, an}•ihiu�! a(frc�iu�.: tHc
<br /> .� �'n�perty ih;�t is ii�viutativn�.f atry �nviramnental taw. 'iY�c prcccding ttiv�,�cnt�ttr���hal) nut apply t�►1he ptc.cnce. usr. cn' . . • .
<br /> ' " . • storagc nn the t'rap�riy nf sm:ilt qu;u�titics uf H;�urduus 5uhsGWncea that arc�rncr.dly rrr��gnitcd tu hc arpr��pnatr t�.uurnial •
<br /> . . . - re�sidend�l�scs sn�f ta�naintcti�nrc��t Ut�pa,['�HY• - --. �. - - - '
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