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<br /> �T .�� ' ' Borrov�cr may curo ouch n defsult And relnetate, eo provided In perapraph 1U, by causin4 tho ectlon or praceading ta ba
<br /> , • w � � dlomisaed wlih a ruiln�thnt, In Le�dor'o puod tollh determinot�on, pmcludos faAeituro ot tha Borro�vev'a Intcroat In lho Properry or
<br /> oihcr motcrinl fmp�lrrncnt ot lho Ilcn cre�ted by thls Sccurlty Inatrumenl or Lender'a aucurity Interoat. Borrower nhnll alao be in
<br /> dc'.�ull II I�utroti•�cr, duAnp tNo loan nppllcatlon proccas, ��vo m�tcrl::!ly fnlso or Innccurato inlormntion or atntemcnto to Lcndcr(or ��� � �
<br /> lallcd to provido Lendcr �vlih nny mntcrlal Inforenstlon) In connectlon wtih tho lonn ovldenced by tho Noto, huiudlnp, k�ut not ��l
<br />_ _�.� Iimltetl to, representellans conceming Borrower's occupancy �f the Property ae a pdnclpnl rosldenco. If thls 9ocurity �..,
<br /> ' � �• Inetrument Is an a Io�Rehald, Borrower ahall compy wilh all the provislona of tho leaeo. I} Borrower acquires tno title lo tha �,_"
<br /> Property,Qie leaaehold nnd tho tae tltlo ohell not morpe unlosa Lender epreos to tho m�rger In wdting. Q �_
<br /> °'�,,c;-•_; � If Borrowor tails to pertorm the covenams and agreomenta �..
<br /> --r:�.� ,� 7. Protrctlon of L�ndsr• Ripht� in tie� Prap�rty.
<br /> ��,>. • contalnad In ihls Securiry Inatrument, or thore le a Iespel proceedlnp that mny elpniflcantly attect Lender'e rlphts In the Property � __
<br /> __..� �--
<br /> fsuch ae a }�roceedinp In baniwptcy, probwte, for condemnatlon or torfdture or to enforc�laws or ►e�uletlons),then Lendcr moy c_
<br /> y ' '!'y`:3 �"tl:�°t'Cr^'_t�.`,', i�rt.r'n er.tions V1 —
<br /> do nnd pey tor whsteve la necess�ry to protect the vatue oi�i�e'rrope�i m�u Le��d�� � � _-
<br /> J���� may Include paylnp eny suma cecured by e Ilan whlch hAS pdodty over lhls 5acudry Insirument� aPPea�ing In caurt. Psyln9 _
<br /> rea�onable ariomeya' lees end entcrinti on the Property to maka repalrs. Although 4ender may take actinn undor thls parapraph
<br /> - - 7. Lender doos not heva to do ao. _.-
<br /> � -�v Any amounts disburoed by Lender under peragraph 7 ehali become additlonsl dobt o1 Horcower secured by thls Socur:ty
<br /> �:..:-�.:;:e�
<br /> •�� Instrument. Untess BoROwer and Lenda ngree to other terms ot pnyment, these amounte shall benr Intereat irom the date o _
<br />`c•:��1�,"'" disbursement at tho Nota rate�nd ehall be payable,wfth interast,upon�otico tram Lc�der to Bortower requostin� payment.
<br /> � ..,_r,,;:,� B. AliOttgpgo If�Btlrarico. If Lcnd� raqulred mortQe�e Insurence aa e condHlon of making the �oan socured by this --
<br /> .�, .,w� Sacur{ty Instrument. F3ortower ehall pay tho premfums requlred to malntain tho mortgage Insurunce In eftect. If,lor any reasan,the
<br /> ���� mortguge Insurence coverafle requlred by Lender lapses or ceases to be In eftocl, Borrower �hell pay tho premlums roqulred to c-
<br /> ..., obtaln coverugo substantlally equlvatent to the mortgage Inauranco prevlously In attect, at a cost substantlalry equlvelent to tho
<br /> �`�"-''-"�''� cost to Bortower of the mortgage Insurence prevlousty In elfect, trom an sltemate mortgage Insurer approved by Lender. It
<br />-�;,��z��r-� substantlally equNalent moRgege Inaurence coverage la not avallable, Borrower shall pay to l.endor each month e aum equal to •
<br /> -°"-�'`'`� onab:le�th o1 tl�e yearly mortgage Insurance premlum being paid by Borrower when lhe Insurance oovorege lepsed or ceased to CQ
<br /> y�.�„�, `
<br />�=�;d��f,�,� be In eHect. l.ende►will accept, use and ratein these paymenta ea s loss reserva In Ileu of mortgage Inau�ance. Lass ro�crvo m
<br /> -- peymente tn�y no longer be requlred, at the optlon of Lender, N mortQage Insurance coverage (in the amount end for the period �
<br /> ��y�"� that Lender requlres) provlded by an insurer approved by Lender again becomes aveilnble and Is obteined. Borrower she9 pey �
<br /> -'F.`'-"''�� the premiums raqulred to malntafn modgage insurance In etlect. or to provide a loss reserve, until the requlremont tor mortgage �
<br /> "�'�q Insurance ends In accordance with eny wrfttcn ngreement behveen 8orrower and Lendet or epplicable law. �
<br />-�i.i:--� 9. Insp�CtlOn. Lender or Its agent may make reasonabfe entdes upon nnd InspecUons ot the Property. Lender shall give
<br /> r,; Borrower nutice et the time oi or pdor to an Inspectlon spedtying reasonable cause tor the Inspectlon.
<br />=��� 10. CottdsmnatloYl.The proceede ot any award or ciafm tor damages, direct or consequmtlal, In connectlon with any
<br />-'��i�•�� condemnatlon or other taWng of any part of the Properry, or tor conveyance in Ileu o} condemnatian, aro hereby aseigned end
<br /> _;����� ehsll be peld to Lenda.
<br /> _,�,�� In the event of e totnl taking of tha Property, the proceada shall be applled to the sums secured by thls Secu�ity
<br />---=�-���� Instrument, whether or not then due, with any excess pald to Borrower. In the event of a partlal taking ot the Property In which
<br /> _���_� tne fair maricei veiue of ii�e��uMmY� ��m���t;�sfo�°l.hp�s41ng la pnual to or areater than thA amount �1 the sums secured
<br /> _.,:_�,,� by this 5ecurity Instrument Immediately before the taking, unless Borrower and Lender othe�wiae agree in wrrilny. the sums
<br /> -- -_ •_• secured by this Secutity Instrument shall be reduced by the smount of the proceeds muft�lled by the tollowing fractl��(�L�
<br /> -- total amount ot the sums secured Immediatey beforo the teking, divided by (b) the fair merket value o}the Property
<br /> - before the taking.Any balance shall be pald to Bortuwer. In the event of e partial taking ot the Property In whtch the falr marfcet
<br /> vnlue of the Properly imrnediately betore the taking Is less than the smount of the sums aeeured Immedintely bofore the t�kinp,
<br /> uniesa Barrower and Lendx otherwise agree In w►Hing or unless applic�ble law othefwise pravides, the proceeds shell be
<br /> - eppHed to tha suma secured by this Secu�iry Instrument whether or not the suma a�e then due. _
<br /> If the Property is abendoned by BoROwer, or H, efter nottce by Lender to Borrower that the condemnor ottnro to make �n
<br /> award or anttie s clalm tor damages, Bo the pr cleeds, atstsno tionL elther tothrest rat�lonAOr�repak of the`P►opaty e or otVthe
<br /> I.ender Is authodzed to colloct end npply P
<br /> sums aecured by thls Secudty Instrument, whether or nut then due.
<br /> Unlesa Lender snd Bortower otherwise agree in wdtinp, any application of proceeds to princlpal shall n�t extend or
<br /> poatpone the due date oi the monthty payments referted to In peregrepha t and 2 or chenge the amaunt of such pt,yments.
<br /> 11. Bo�rower Nc�t R�i��sad; Forbearanc� By Lendsr Not •Wdvsr. Exienslon ot the timn tor payment or
<br /> modiNcetlon oY unorqzatlon ot the sums secured by thls Secudry Instrument grentod by Lender to eny successor In interest ot
<br /> � Bonower sh�ll not operate to relea�o the Ilabllity of the origlnal 8ortower or BoROwer's successore In Interest. Lender shnll not
<br /> be requked to commence procsedinps agalnst eny successer in Interest or retuae to extend time for peyment or othawl9e
<br /> modity emortfretion ot the suma aecurcd by thls Security Instrument by reason of eny demand made by the originai Bertower or
<br /> klorrower's auccessoro In Intereat. My torbearence by Lender (n exercising nny dght or remedy shell not be e wsiver of or
<br /> pr?cli�da the exerclso of any riqht or remedy.
<br /> 12. Succ�ssors and Asslgna Bnund; Jolnt and 5evere�l Llabiii"ty; Co-aignure�.The co���er�ts and
<br /> epreements of thle SecuHty Instrument shall bind end benefit the succe;,sors and assigna of Lender and Bortower, subJect ta the
<br /> -. provfslona of paregraph 17, Borrower's coverrante and agreements shali be Jofnt and several. Any Bortower who co-signs thls
<br /> — - Secudty Inatrument but does not exeeute the Note: (a) Is co-slgning thls 3ecudty Instrument ony to moRgage. gre�it and convay
<br /> ���� thet Borrower's Interest In the Property under the terms of thls 8ecurity Instrument; (b) is not personally obilgnted to pay the
<br /> - sum9 securod by thls Secudry Instrument; and (c) agrees ihat Lender and any other Bortower may agree to oxtond,mad�ry,
<br /> - torbear or mako any eccommodetions with rogard to the tertns of this Securlty Inslnlment or the Note vr�ihout that Bortower'o
<br /> ---------- consent.
<br /> -=-- 13. Loert Cht1'gs8. It tho loan secured by this Secudty Instrument is subJect to a law whtch sets meximum lonn
<br /> '��-�-- chnrgea, and that faw Is finalty Interpreted so thst the Interest or othor loan charges coliected or to be collected In connectlon
<br /> ='�^` with the loun oxceed the peimitted Ilmits, then: (e) any such loan charge sheli b9 reduced by tho amount necessary to reduce
<br /> _ .'-i=�� the ahargo to the permitted Iimlt; and (bj any sums nlready collected from Bortower whlch excoeded pertnitted Ilmits will be
<br /> b•_���� refunded to Bonower. Lender may choose to make this retund by raducing tho pdncipal o�ved under the Note or by making a
<br /> ;�;;�::��._ . dfrect payment to Borrower. (t a refund reduces pdncipei, the reduction will be tnzated as a partial prepayment without any
<br /> ��y,s.�,,: prepayment cherga under the Note.
<br /> n�.;•:,it��'.n�• , 14. NiDtiCO�.My notice to Borrower provided for In fhls SecuHty In�trument shall be givon by deltve�ing K or by mafifng it
<br /> -= -�+��+ by tirst class mall unless applicablo law requlres use of another method. The notice shail be directed to the Propnty Address
<br /> E��'_� or any other addrese Borcower doslgnates by notice to Lender. My notice to Lender shall ba glven by firat class mell to
<br /> - .Y�...�..u..��.. G......We. Anu nnflra nrnvlded tor In UI�S
<br /> --� .•,•..,'�n���C` � Lender'3 QfId�833 S1IIt@d tIC�CI� 0� efly OLIIEi 90O�e�.o i.onu'6i uoSiyTid�ao.q .w..w ... ..�..—..—. ._.� ..____ �.
<br /> - ,:."�'';,`,; 3ecurity Inatrument shall be deemed to heve boen given to Borrower or Lendor when given as provlded In thls paragrciph.
<br /> 16. Gover�ing L.aw; S6V8Pflbllity. This Secudty Inatrument ohall bp govemed by fodeml Inw and the law �f the
<br /> � � 'r Jurisdlctlon In whtch the Property is locatod. In the event that any provislon or clause oT thls Security Inatrumont or the Note
<br />-- 7� �: contlicto with epplicablo law, uuch contlict shall not attect other provisi�ns of thls Security Instrumenl or the Notn whtch can be
<br /> - �•� - , {�Iven eftoct wfthout thc+ conllieting provislun. To this end thn provislons of this Secudry InstNment and tho Nato are declared to
<br />�;��.'; 6e soverable.
<br /> � � � 16. Borrower's Copy.Borrower ohall be giren ono r,onfortnQd copy of tho Noto and oi this Securiiy Instrument. _
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