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<br /> . 07-�2�1s9G FNMA/FHL.MC DEED Q�TRU,,�T�,� Pe��s ot 5
<br /> Losn No a5879 (Carni�ue� � ��•�1fl55f,0
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<br /> ' instrument,or there fs u lega!procesding tl�at may s3gr�icantly aflec!Lenders rlgMs in the i�roperty(9uch es e p►oceed�ng In berdvuPtCy,probale�
<br /> � 1or condemnatlon or forieiture or to eniorce lews or reguledons),than Lendet mey do and pery 1or whelevar b necessary 1c protect tl�e vNue oi the
<br /> Prnperty and Lendor's tights In the PtnpeAy. Londers ecdona may indude Pmying arry�ums securBd bY e Nen whlch ha�s prtority over tT�b^securth
<br /> Insvument,ePpearing(n court,paylrxJ reasonable ettorneys'tees and entering on the Pruperty to meka repaka Although l.qnder msy teke eicf�on '
<br /> under this parsgraph 7,Lender does not have to do so.
<br /> Any arnounis d{sbursud dy Lender uncler tht9 patagraph 7 shall beoome edc�dand debt o1 Bartvwer aewred bY ttrt�SecurilY Ir�rumaM.
<br /> Unless 6onawer and lander egrse 4a othe�'terrns of payrnaru,tt►ese anvurn�shdl beu-Int�lrom the de�e Af�'�e�t�t et the Nole rete end
<br /> ; ' shall be paye6le,with Interast,upon notice frcm Lender to Borrower requesdng payrnert. ''•
<br /> e. Mortgage Inaureince. 1f Lender raqulred mortgage Ir�auruxx ua s vonddon o}nteking ihe ban aacu►ed bY thla SecurhY Ir�trumem.
<br /> Barrowsr sMap pay the premiums required to melntain tha morigage Inaunnce In elfect N,�nr eny rsruon,the mortgege Irreurano0 coverega
<br /> � required 6y Lender lapses or ceases to be in eftect,8nr,bwer aheA pey the premiums repuked�obGdn coverage substs�la�Y���m t°tfie
<br /> mortgage insurana�praviously in ettect,at a cost subs:en�Ny epuivale�llo tt�aost to Borro`�'at�a mortgege ir�surnnce previously In efiect.
<br /> from nn altemale mortgage irssurer approved by Lender. H subster�tlaAy equiv�eM rrnsrtgsge�r�lrt�+t0u covenge ia not avepaWe�,Bortower aht�p
<br /> pay to Lender each month a sum ec�saal t�ar�twetPth at tha yeiMy rr+ortgege Ir�surence premfum being pdd by Borrawar when tl►e Ir�aurance
<br /> cavnrage Inpsed or ceused to be fn e{1'ect. Lender wIN eccept,uae and►eGdn 1he�o peyrnertts e�A I�►eserve In Ileu ot mortgega IruurMce.
<br /> Loss reserve peyrnenb may no bnger be requked.ut the opdnn ot Lender.H nbrt9age Ir�sureuice coverege(In the emourd and for the perbd thst
<br /> �� L�nder requires)provlded by an ir�surer�provad by Lendar egaln b�oomes avedn6le and Is obteined. Borrower shM pey the prerriums requked
<br /> tG malntaln mortgage Ir�surance in etPect,or to prov(de a bss reserve,ur�the requirarn�nt far mortgsga Ir�auS�r�ce�nds In eccordence with iu+y
<br /> � written agre�mant between Borrower and Lender or appNcable law.
<br /> 9, lessper.tlon. Lender or its agerrt may meke reasonable en&�upnn tutd irbpec.lfor�s of the Property. l.ender she9 glve 9orrower notice at
<br /> the tlrrxr ot or prlor to an irtspectlon spae]fying ressonmb{s causa iqr Bie Inapeclion.
<br /> iA. Consl9mnatlon. The procoeds of srty awerd or ddm tor darneges,�or conseq�errti�,In connecHon wRh any condemnatbn nr
<br /> othsr taking of nrry part of the Raperty,or 1nr com�eyance in Seu Oi condemnntlon,are hereby essk�nec!and shaA be ptdd to Lender.
<br /> In the event oT a total taking ot the Property,2he Proceeds shaM be sPPtied tb the sums sacureca bY t�S�mY I��nt,whether or not
<br /> � then due, with any excess paid to Borrower. !n ti�e everd ot n p�tlel tektng nT the Property ln which the feir market vNue of tF►e f'rop�ty
<br /> imrnediaYely betore the teking i�equaJ to ar greater than the emount of the sums secured h}r tFds$ecurtty Inshument Imnedate�Y be/oro the taking,
<br /> unless Borrowar and Londer othc�wis4 agree in writlng, the sums secu�'ed hy this SecuritY�nstrumeAt shaA be reduced by the emount oi th9
<br /> proceeds mumplied by the followinc�traction: (a)the 4otel ambum of the sums secured irm�ed�at�ly betore the tekir�g, divided by (b)the talr
<br /> market value oi the Properry Immedi�tely before the takirx�. Arr�balance she11 be peid to 9orrower. In the event of a pertlel teking o}the Property
<br /> In wh{ch the Tair ma.-ket value oi the Pro�:erty Irrxrx�diat9ly betore the tslcing is less than ttw�r'�oueit ot thn eum4 aec�red Irrintediately before th8
<br /> taking,unless Borrower and Lender otheiwiae agr5e in writing or untess eppiicrble law otherwlse provldes,t1w proc.eeds ahdl be applled ro the
<br /> surr�,secured by thls 5ecurity Instrument whether or not the sums are then due.
<br /> tt the Property is abandoned by Borrower,or H,aRer notice by Lender to�orcower ths�t Uw conc9amrwr n99ers tv mslca an award or setda e
<br /> � claim ior dsmages,Borrower tails to respond to Lender withln 30 days after lhe date!he nodc�Is given,Lender is sutliorized to callect and appry
<br /> the proceeds,at its optlon,Mther to reslorstbn or repair ol the Property or to the sums sea�red by thb SacurilY�nslrumerrt.whether or not then
<br /> duo.
<br /> Unless Londer and eorrowee othExwlse agree in wr111ng,eny npplicatbn of p�to prindpd ahop npt extend or pos�one the due date of
<br /> che monthly payments referred to In paragraphs i and 2 or change the amourrt ot such paymenb.
<br /> 1 t. Bonewer Not Relaased;F�rbearxnee By Lender Not a Wblvar. �cfer�slon of the tlme for peyment or modllfcatlon of amortl�etbn oT the
<br /> aums aecured by this Securiry InsWmant granted by Lender to arry suxea�or in interest o1 k3arrower shdl not operate to rek+ese the Nablllry ot the
<br /> ork�nd Borrower or Borrownrs successors in interest. Lender shall nat be requked to commerxe proceedings a5ainst nrtY s acce�nr in In:erest or
<br /> ralusa to extend time tor paymant or otherwir�a modHy amottizadon oT the sums secured by t►ds.r�eairfly It�shument by reeson ol arry demand
<br /> made by tha nriginal Bartdwer or 9orcnwers sua,�ssors in(nterest My iorbesrar�ce t'�Y Lender in eecercising e^Y r19M or rentedy shdl not be a
<br /> w�ver ot or preclude the exc�rcise oT arry riaht or remedy.
<br /> • 12 Succassnn and Aasigns Bvund;Jotnt and Sevanl Llablitty:Co-eigners. Tha covenarA�and s�eemet�a of 1Ms Securiry ItuaumeM
<br /> ah�ll bind and beneflt the successors and essigre ot Lender and Bqrrower,subJact�o the provislet�s of parsgruph 17'. Borrowers covenenb and
<br /> agreen3ents shall bs joint and several. AnY Borro+�ver who co-s19�t���Y Irtstrumertt lxrt does not eueart9 tlia Note: (a)is Co-�igning thb
<br /> Security InsVumant 4nly to mortgage,graM and cem�ey thaY Borrbwtx'�interest in the Prope�ty urr�er the temb bf thb Securily�nsd'ument; (b)is
<br /> not personalN obligated to peS'the auma secured by V�s Securlty Inelrument;and (c)agres9 th�d Lender end arry other Borrower msy eigree to
<br /> oxtnnd, modily,fork�aar or meke any acooenrnodatlans tvnh regard!o the terme ol tNa Securtry Inetrurl.aR or the Note withotn tltat Borrowara
<br /> consent.
<br /> 73. Loan Charges. n tha ban secured by this Securlty Instrument Is aubJect to n law which seb mmdrrium bsn chages,and thet lew is
<br /> finally interpretad so:hat the intorsst or o4her ban cherges coAected or to be coAected In cossreecctFan wflh the laen exceed the p�rtr�tted dmits,then:
<br /> (a) eny si:ch ban chazge shsll be reduced by the eutiount nece�ery to reduce thb cherge�a the permilled qrr� end (b) any aurr�s elreedy
<br /> cottected hom Bonower wh{ch excesded pemilned Arr�ita wlq ba reh�nded to Borrower. L.endqt rnsy chvoae 1�mNta tt�b refund by redudng the
<br /> principaf owed under tha Note or by meking n dlrect PgY�'�M tn Boerowsr. tl a refund►echusa prindpal,tha►aductlon w�be Veeted es t purdai
<br /> � prepayment without erry preppyment chatge under the Nbte.
<br /> 14. Notices. Any notks to Borrower provided far fn this Security Inshun'+ent shsll be given by deNvering it or by meiNng R by Ilrat dass meil
<br /> unloss appllcabia law requlres use of enother method. The nodce shall be tlitectac!Ya aha Proper9y Address nr any ather sddrnss Borrower
<br /> designates by notico to Lender. Any�otice to Lender shelt be given by ifrst dess map to Lendera addreea statsd herein or eny other addresa
<br /> Lender destgnates bY nodce to Borrowar. Any noticr�providad}or in this�ecutSry tnetrument shM be dee►►�ed to heve been 9Nen�n 8orrower o►
<br /> 4endor when given as provided In this psrogreph.
<br /> 15. Govaminq Law:Saver�blllfy. Thf�5eaulty In�rrument ahaM ba go:rerr�d by federal Iew and the I�vr ol the Jurlsd�tlon In whlch the
<br /> Propert}i Is bcatod. In the event tfW sny provlsbn or dauae of thfe Sacurfry I�A'umant or ihe No4e contlk;ts wlth spP9csble�ew,such coMtict ahall
<br /> rwt aflect o�hor prowalons of thls Securfry Inehumant or the Nota w�hich can ba gNan ePlecw wrehout the cor�fllctlng proWelon. To thla end tfs
<br /> ' provlalons ol thls Security inetrument end the Noto wre declered 10 be�eve►e�ble.
<br /> 16. 9onow�rr Cop�. Borrower nhaA be glven one rantom�od copy o1 ths Note�nd oi thle 3ecurlty Insuumerlt.
<br /> 17. 1'nn�fer of tl+�Property or�B�nMclal IM�roet In dorrovvrr. If M or eny pert ot the propeAy or rrry Interer!In►t Is sold nr trenafared
<br /> (or If e bonalklal Intorent In Borrowar la eold or tranet�srred and Borrnwer{e not a nrturd penon)wlthaut Lender'e prbr wrtttan consent,Lender
<br /> may,et Y�s optlan,raquire IrrxnAdlete pnyment In tull of ell eume secured by thia 5ecurlty Inswmenl Wowevar,thh optlon eh�ll not be exer�eed by
<br /> Londor il uxqrcise la prahlbited by loderel lew es M the dete vl thle Sec:urity Inetrurnent.
<br /> I1 Lender oxercfsoa lhk optbn,Lendw ehM giva Bonowev nodW of sxeleradon• The notice shall provlda r perlod of not lees Ihan 3o duya
<br /> Irom the date tho naGte Is dollvered ar malled wllhin whlch&rrrower mUSt pey�II eumc secUn►d by 1IMa 3ecurltY Inabvmern. 11 9orrower ldls to
<br /> pr�ihaae auma prlor to tha expiretlon ol thls perlad,Londar mAy Imroka eny remedles perr►�Itts�i bY tMa Sacu►Ity Inatrument whhout lurther notica
<br /> or domend on 9c�rrawor. •
<br /> 18, Borrowar's Rlght to Raln�.aLu. 11 Bonower ments caANn candldons,Bartower shsll have ths rlgM to heve oMoroement ol Ihfa SeCUrfry
<br /> InaUumem discontlnued et eny tlme prbr to thn aarller oY. (e'6 deye(or euch vther perlod as appqceble Isw msy apeclly 1ar relr�+tsternent)berore
<br /> salo oP the Proporry pursuent to arry power ol s�la comdned in thle Securtty Inetrumeni; or (b) entry oi a wdgmern enTordng thb 3ecurtty
<br /> InsVumen4 7Frose conditbns era that Borrowar: (e)peya Lender eN surrb wMch then would be due undnr thla Securlry Inshument eu►d the No1e
<br /> as If no eccolaradan hed occurred; (6)curee arry default ol erty o►her aovenarhs or eegreerr�enta; (c)peye dl expenee�Incurred In anlordng tMa
<br /> Socuriry Instrumont,Including,but not Ilmited to,reesanable anorneys'leas;and (cn tek9s euch Mctlon�a Lencler mey reeeonebly requlre ro a�nure
<br /> thaY tha Iinn ol this Sacurlry Instrument, Lendere rk�hta In the Pro�erfy and Borrower's obllgetbn tn p�y tha sums securad by thle Securiqt
<br /> Irisirumvnt aha�l continue unchanged. Upon relnatetement by E3arrow�,?�Is Secu►i1Y��sVUn'�t end tha obflatdorro aecu►ed herebY ahaN ra�tWn ,
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