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<br /> 96- 10!'��
<br /> sul�stantiully equiv�r�lrnt mortg�ge inwrmx:e cavei�e le nc�t availAbte,f�c►rrower shall pay to Lc;nder ea�h month a sum equal�o
<br /> one-twelfth of the yearl� mflrt�ge insurae�ce prcmivFn bein�gald Uy 63orruwcr when the insursnee coverage lapsai or ceasal to
<br /> Ge in effect.l.endec wil�acc.�ept.usc a��retuin these pay�iicnts as u loss re.serve 9n licu af mortgage insurance. Lnss res.rve
<br /> p:jymcnts may na langrr Isc rcqnircd.sit t➢�c optia»�I'I.enilcr,if ma�t�;o�e insurancc coverauc(in thc mm�unt nnd far�he periMl
<br /> that Lcndcr rcqui►•cs)psovic3:�i Uy an in��i�rcti•:�����►•ovcif Uy I,sa�lcr i�;,�,�iF►��cunic�av��ilnbl�nud iy abtai►ird. Roumvcq•shall pay
<br /> ' the premimns rc�uirrxt to maintain nwrtgage insurun�In effcct,or to provide a loss rescrvc,until�hc reqirinnunt ior�rwrtgage
<br /> insurance rnds in uccordancc with any wrinrn agroer►unt txtween porrower arvJ I.erxler nr appficuble law.
<br /> q,1�aQectlon,l.,ender or its agent ma m�kc rc�n�ble�ntrics upon a►�d ins�S,K;tions of the Property. Y..e►�ter aha1� giva
<br /> �a
<br /> l3ormwer�wtice at the time of a��rior to an nsE�ecdon s}�:ifying rcasar+sble Gau��e for tlk inspectian.
<br /> 19. Conde�u►t*tlon. The proceeds of�u►y nwxid or clqim for dan�ages, dircr:t�r consequontial, in connection with any
<br /> candenu�auon or oth�r taking of s�rr►y part �f ihe Prapeny, ar for conveyance in lie+i of condemnatian,are here�y xssigneci and
<br /> shall be paid to I.ender.
<br /> In the avent af a total tafcing af the Property,the priicoecls shall be applipl to the sums secured by this Socurity Instn�nxnt,
<br /> whtther or nat then due, with any oxcess paid to Borrower. In the evcnt of��partial taking af the Property in which the fair
<br /> nk.rke2 valut of the Pruperty irru►�cliately before the tak.tnE is r.qual to ar greates than thc amount af thc sums secum�d by this
<br /> Sccurity Instrument immediately befure the talcing,unleFS&�rrower end I.ender othetwise ugree in writing,the sums securod by
<br /> this Sa:uriry instrum:tu shall be roduccd by thc amount �f the proceeQs multipliod by the following fraction: (a) the total
<br /> arrK,unt of thc sums ser.ural immediately beforo the takin�, divide.d by(h) dx fnir market value of thc Property immediutely
<br /> bt�'ore;the talring. Any bala�sc shall be pafd to Borrowcr. I��the eveut oS a pariial taking af tlic Property Ia which the fnir
<br /> marktt value of�he Pmpeny immeciie.tely before thc taking is lass thzn.tht�xx�nc of thc sums secur�d immediAtcly before the
<br /> taking,unla�s t3otrowcr�uvt I.endlPr otherwise agree in wciting or un�:ss ap�litxible law otl�:rwise provides, the procads shall
<br /> be npplied to tho suu►5 securod by this Security Tnstrunxnt wtxttKr ar r►oa thc sumq are t6en clue.
<br /> If the Propert�is abar�dorxd by�xmwcr,ot if,aRer notice by I.cnc�CC to 8oxrower thnt d�e co�xlemrwr offers to mxlce an
<br /> award or settlo a claim foe damagcs. &►rmwcr fails to respond to i.ccxitr within 30 duys after thc date �he notice is given,
<br /> Lender is autborizod to colltct arr�ap�p�y the pmce«13.at its 4ption,ei1Mr,to restox�ti�n or re{iair of the Properry or to�hC suma
<br /> �;�+red1 by thic Sacurity Lutcum:nt.whMher or not thrn d�r*:
<br /> Unl�s Lender and !3�►x�war otherwise Agro. in writin�, anynp�li�ttion of: proczals to pri,wI�al s��{ r�a est��.d or
<br /> perstponc the due clate of thc monthlY PaY��rcferrod to in pen���i+u�d 2 or r,t�,angc the anwunt of such pay�ents.
<br /> 11.8o�row�es NM R�iea.ged;Forixaranc�BY l.�kr N�A a�aivrr.Extension of tS�e t9me for payment at modification
<br /> of amort�zation of the sums r,ocurod by this Secur�ty dnstrumcnt grnnr,N:A by I.cnder to tuiy sui:cessor in interest of Borrower shall
<br /> not opemte to r�]casa thc G�iliry of the original Borrowar or Borrowc�'R successors in inta�st. L.ender�F►all nat be roquirod to
<br /> oomnuace proceedings a�-nia�st mEy successoK in interESt ar r�laso to extcndl.time for payniant or otherwise modify ar►wrtization
<br /> of the sums Focurod by diis Sorority Instrument by r�a.wn of any demand made� by th�� or�gioal Rorrower or Borrawer's
<br /> wcaxsar¢in irnticest. Any foctxarance by L.�ndec in axercising any riBhs or remody shF�ll not be a Kaiver of or preclude Ihe
<br />; exe.n:ise of eny right or remcdy. •
<br /> 12. Saa+eASOra �! As�iitn+ &+undi dolat and Severa! 1.1�6flity, Co-siS�xrs. Thct�sovenaixs and agreements of this
<br /> Socurity �nuum¢nt st�all bi�d aud benefit the succsssola and ��gEigns of Lendor and Bur��wer, subjxt tu thc: provisians of
<br /> p�►ragcry�h 17. B�orrowcr's rnvenar�.g a�xi ugcxtnentg.sbaJl be joicM and sevcral. Any Boc•rower who co-si$ns this Savricy
<br /> r,.�,,.�����,»�eYC�i:te the Note:fa)(s co-signin,w thi�Sa:uriry Instcument only�ta mongage. grnc amd oonvey th�t
<br /> B�►mower s inteceat in ttk Pmperty under the tecros of this Security Insuuma�t:(b)is not petsan�ly ooligxiva.ar�:pny u�c a,;i�a
<br /> securod 63�thi�,��rity Inshuaxnr.end(c)egraes that L.c�xlkr nrrS�n)`other T3orrower mnyugroe to extend,mod�fy,forbear or
<br /> maice any ac�cti�t�tntztdarions with ngard to the�tetms of this Sa:urity It�gtmamcnt ot tho Noto withoat that Borrower's eonsent. -,
<br /> 13.i.a�'�rlhtu�es.If the loui securod by this Sa:arity Instntrru�la2 ais subjoct to u law�which sets maxin�tm laan cl�a�ges;
<br /> a�d th�t law is�ti�l�y, ii�rgreced so that the int�crst or other do�sn chtttgrs calloct�l or t�be collected in controction with the
<br /> !wn oaccal the pericmt(et�Rrtnrts,tt►�n:(a)eu�y such la�n char�e shalj b�roduoed br.�e ar►►ount noc�uary to►�odut�e thc clwrgc
<br /> to the permittucl.lanr�iir�'aiZYl��x)+•eny sums already colla.Ked from Iicrrtt�var which exea�.'ded permittod lirtuts will be refu�xied to
<br /> aono�ver. I,�cleF.'J}�ay chaise to �ruke this refund(�y roduti��eh���principal owed unddr tiw N�+te tir by makina a diroct
<br /> pa�yment t�r Bumoiver. If x refuad raluces principal, tt�e• roclu�icrrx wiU be tnated a.c,a µ�rt9i�..�sepa9ment w�tlaut any
<br /> p�I4 Notl�g�M�notia co mower provieiod for in this Securiq;Instrument shall�given by�deliveri 17 ksc by mauling '
<br /> it by..first class m4vl unless applirublc law requiras t�se af ar+ather method. The notics ahtdl bc dircctai to the�y�►dd�ts �
<br /> or m►y othtt acWrGSS B�rrower dcsisnates by notice ta I.ender. My notice to Lcnctcr �lutll be given by fiisC•,cl�ss mail to
<br /> i,mder's adclr�ss„stated Ixrein or nny othn'address Leide►'�iCSignants by notice to Iiurr�wer. My notia providal fur in thia
<br /> ; Socurity Imtrtrm�sna atfal!bs tlotmed to ttRVC[xen given La Bore�wor.k►i�};�:.7der when giveu as provided in this parag�pl►. ''
<br /> 15.Gor�`,.r.+rifi' i,�w; S�n'abllity. This Sa:urity Instrume�u2_�bhfi9l bc gaverpai by foderal taw and the law of t,�ae; ',•.
<br /> jurixliction in W�i�•1he�Paoperty is locatal. Lti d�t ever.t th�t any�dVision or cl�tis��nf ihis Sccurity Instniment or the bici�z.�.•••:��. ...�..
<br /> conflicts with �[a�bk�liiwo evch confliet stial{tae afhr.t other prov�sions af thls Ser�ucty[nstrumeat or tt�Noto Mhicb cyiabe�;;_;:'•,:,;::::
<br /> given effoct�uf:�e�bdflrcxind Provision.To this eixi tho proL ipiuns of this Sxurity[matrument and•the Nnte ane dedt�ail:',?;;.'"'�';;:
<br /> to be s�wer�b�e:�.,;� :�- ; '.
<br />- l.i.8extrHhv,et'e Copy.�orruwer shall t�given onc conformctt,i�y+of thc Nato and�of this SFaqqrity Cnsttumau. '
<br /> !7.Tranyfet ot t6e Propaty r►r A Benelicial Ynterest ta Bor�ra�v,�r.If all or any�}xut o£tlx Y�c�bperty or auy fntenest ia it
<br /> is snld or tranaferral(or if a brnehctat inter�st irR Barrow+aa is sold ur traneCerred+uxl&,irrower is not a natutaf Ixrson)wittwut
<br /> I�der's prior wriuen consritt, I.ender may 9[ 7Lt O�►IIDit. �roquire imrrKdiotc paynnent in futl of all sums securod by this
<br /> Socurity instxument.Ho.�evcr.this optfon sha�l not bo excrcisod by t.endor if cxecc�se i��prohibitad by faleral law as of the d�te
<br /> �f thia Securiry Instrument.
<br /> If I�arler exercise�this aption,�.ender shali give Horrowcr nc,�iue of acceleratiom�The nntice shall provide s period of not
<br /> less tlw�30 days from thc data the notice is d�livec�l or m3ilpi w lthis� which Boirower must pay al0 sums secured by this
<br /> Security Lutrumcnt.If Bvrrower fails to pay tlrtse sums prior to tix exgiration of nh±��eriod,Lender may invmke any remodiCs
<br /> permitted by this Seeutity instaument without furthtr notic�:or dt�r+and on EocrtRNhr.
<br /> la. Bo�rowex's Ri�ht to R�3nstate. If Bor�u���cr �neats cesixin condip+:�i�u{, Sorrow�r shall have thc right to have
<br /> � enfocicemeoR of. this Secunty Insuument discontinuad at uny tirr�prias io the�rlicr of: (a) 5 days (or such other period as
<br /> applicabk iax�•�o.r�ry �pe�ify for reinstate�er�t) Geforo s+�l� of the !"r.�perty pprsuunt to any p2su�7 of sale contained �iz 4��:is�
<br /> Security[mtMicai�xir or�[�r entry of a judgment enforcing this 5cc►ui:y Instrument.'Ct►ose cond:�ia.u.�:a►�e that Bnrmwer:(al pa��s
<br /> � (�ckr al�siunY whic�thcn would be due under chis Socurity Insttument a�xl thw lV�xc as if no acceleration t►ad.occurnrd;.;thT
<br /> ' ccir�s�nn�•dcfault of am��ther covenants or egram�:ms:(e)pays all cxpenses incwsed in enforcing this Sa;er�lie�±fnstrien�ent.
<br /> ' ir�clutling.but not limitaal to, reasonable attomeys' fees; and(d)tukes such aaiurr ms Lender may reasonal�ly�rcyufn to as�ure
<br /> ttut the I'Ka of this Security Instrument.Lencier's ri�hts in the Property a:�d Borcov►cr's obligatinn to pay the sums scxuir�:t;�*
<br /> c�'_..�._. a�„•..........� y/.�II �nnfin��s �.Mhauv�,rl. Unon-reinstacCment bv Borrower. Itll.^� Seeuritv Instrument aix� �i:($: .
<br /> • ii�i9 w..u�uy .a............
<br /> - _�_._�._u C..tl..�!?..,a:vn oc�oF.va v�a•nla�ihfinn I'L�d[YY11filll.HOWOVCt.II11S tli2L�IO IC1IL51H[C 5L8I1 �
<br /> 00tI�[IO(6 3CS.'ttTUi nciw�nrm•i�ns.s..�.,.J ..+.�--.--..--.-- —__-._-.---�_ _ -�
<br /> � �wt apply in tht cau:of acccleration undcr puragragh l7.
<br /> 19. Sfk o�'Nots; Char�ge ot I.oan 5ervicer. The Note or a partiul inter�st in [he Note (together with this Security
<br /> Instrument)may be so(d or�or more timcs withotst ptiot twtfu:to Barrower.A sale nwy result in u change in the entity(known
<br /> a�the"L.oan Scrvicer")tt►at collcrts mouth{y paynxnts due under thc Notc end this Sec�irity Instruttxr�t.There also m�y be one
<br /> or mure changss of the Loan Scrviccr unrelated to a sale of the Note.if therc is a change of the Loan Servicer.Barmwer will be
<br /> given wd�ten rioticc of�he chas�ge in accorda�k�c wi�h pamgraph 14 abovc an�i appllcable I�w.The natice wlll statc tR�e naunc and
<br /> addrcss of the ncw Loan Serviccr and the address to�vhich payments shuuld be madc. Thc notice will alsc�rnntait►any othtr
<br /> infam�atian requircd by npplir.�ble law.
<br /> Z0. fi�uwrdous Substancrs. Borrowcr shall not �ausc or permit thc presc�xY. use,dis�wsaj, stor$ge, or rcicasc of any
<br /> Hazaalous Substunces on or in tl�e PropeAy. Bormwce shall not do, nmr allnw anyo�x clsc w do, unything at'foc�;ng thc
<br /> Property that is in violation nf any En��ironmcnail 4aw. Thc prcccciing two scntenccs shall not apply to thc prcscncti, usc,or
<br /> srorage un the 1'roperty of small quantitics of Harardous Substnr�es �hat ane gensmlly recognixa�to bc oppropriate to nomtal
<br /> residential uses a,nd to nuinte��am.�e of the Property.
<br /> Poge�ot 0 �` •"S � Form 3028 8180
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