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-:3. 4_._ _'a__ _ rt_�_.L• <J ______- — — _ ,_ �.:_c'ic.r.. ^i'��c-�. _-- _ —_ � . ..:�h�� . ' _ _._ -
<br /> ' _ � �.. -
<br /> �W'��'_a c'"
<br /> � substarctially equ6vr.les�t mottgage insnranre�rmlum be ng pai by Borrow�er�vhen�the insurtu�nceecoveen�e��ed ar c��tu —_����:�t
<br /> �bne-twelith.of th_�easiy ma�e fnsuraci p ,..; ;
<br /> 62 ia effact. Ler�er will ur,cept.a�catd reutin thecc paymenty as a loss reserve in lieu of mottgage i�suran�r. Loss c�see�e
<br /> payenEnts rt►�y na lon�cr�r Fe�uirsQ.at thQ aption of Lertder.if mora�ge insurancr cover�ge!in the curiceunc and for�c geri�d •. .;.«_�..
<br /> � that Len��r raluires)provido�by�n ins�mr uDproved by Lender agoin Becorn�Avnitablc und i�obtain�d. Scirrn�a•er nh;sll psy ,
<br /> tit�ptemiums requ�re�tn maintafn monpa�e ins�rance in effect.or w pmvide a toss c�s.rve.until the Ecquirernent for mon�o�a �r.
<br />: irtsvse�ce en�s i»azcordan�e�vith uny write��n��s�o abtc en�es upon andLin p�ectian9 o�f h t Prn�►:r1y. 1-endcr shall�ive� ��a £
<br /> 9. [t�specqlfln. Lcnd�r or its ugent y -,
<br /> Bc+rrower natioe ut the time of or prioF to an inspection epecifyin�reasonable sausc titt the i�apectiun •
<br /> �:��-.
<br /> l�. Ca�de��atlam. 'i`Ete pracs�ds of any awurd or clatm for d�es.direct or consr.que�tistif. in a�t�nectian wit an! �.
<br /> ��' con;stcmnxtion or other ta1cing of any part��f the FYOpeny,or for conveyance m lieu of condemnztion,u�e hQr�by nssignai and =�,. ;:..
<br /> ''��:�:
<br /> � siz�l be paid to Lender. ``�.
<br /> In th�event of a cotul ta-king of the Property.ttse proceeds skall be applie�to the sumc securc�by this Se+.�vriiy(nstrument. �.F,'%�;;�.
<br /> - whetfter or not then duc. wiih any e.ecess pa�d ta Bnrmwer. In the event of a partia! tu�Cing of the Pro}�erty in�++hich th� fair ��"��`:
<br /> �ti�value of the Property immediately befare the taking is equsl to or greater than the amflunt of tha sums sv�'�scd by this� �
<br /> . S�rity Inswment immediatefy before the t�ising.unless Borrower and Lender otheswi�e agrr�in Lvz►ting,tho sums s�cuted bY ��,
<br /> this Security Inswment sh�ll be reduced by the amaunt of the pr000eds mulriplied by the following fiv�."fion: (a? �e totaS ���:
<br /> affiount of ths sums secumd immedlatety before the tatcing. divided by(b) the fair market value of the Pragerty immediatelY _�
<br /> before the taScing. Any balance shall be paid to Borrawer. In the event of a partial ts�cing of the Properiy m wiueh tbe fair �
<br /> �narket value of the Pcop�rcy immediately befa�e Yhe takine is less than the amount of,the sums sesured immediatelY[sefore the � _
<br /> tasing.unless Borrower and Lender otherwise agaee in writing or unless applicabl�la�v othcrwise pmvides. the proceedg shall =_-_
<br /> be aPAfiad to the su�as secured by this Security Insaume�t whether ar not th�sums ate then due. _---
<br /> (f ths PrQpesty is abandoned 6y Borrower.or if,after natice by Lender to Borrotver that the co�emnor offers to make an !_�Y�_
<br /> atvzrd or setde a clanm for�►am��s. Bomower fails to nspond to LendeT within 30 days after the dat�the notice is given. �. �_
<br /> - L.eades is authorixd W collact aas!apply the proc�s,at its option,eiWer to rescoratjan or re�tair of the Propeny oe to tbe sums �;;,F:.
<br /> se�:ued by this S�curity Insuum�t�whethrr ar nflt th�t due. shail Rat exte�d ar
<br /> u
<br /> Unl�ss Le�r an3 Bnrro�ver otheiwa�a�e in tivriting. anY apPlicarion af proo� � FnnMA� ha �'?'_ .
<br /> pastp�n:.the dae dsxe of Wa mflnthlp•P�yrn�at�refersed tu in pamgmpI3s 1 am�Z os ch�nnga ths amaunt of such paymerus_ �_'-_-
<br /> 11.fdasmzs�r ll'at tie".e�s.�a13 Y'orbramuo�=BY ix�d�14rot n 17V�ds c�Bxtcusiam.of th°.t�m:for pr�y�ent or madficatiaA _
<br /> �a
<br /> o€at�rntition of th�s�ams sa�.+r�rS.6y�Is$c�a�i�y Insttua�t ga��1 by Le�1er to any successor in iateresi of�orrawer s4�all
<br /> .` �f up�aute to rele�e ttt.1i:3�UI2y a�i�C�n�ig�-�Burcmver�Of,�Ot7'O�YC'l'S S11C�.SSOf6�7 illL.iESY- I.CQdET SI18�L IIOL�L'��11ICd L� e����:
<br /> r;r aa�P��&S 88�insc�''arca��e m��nterest or r�fi�se Ea e�tte�i time for��nt or otherwise mndify a�or#izaiign �.
<br /> ",,'i�•�. of•thx swn� ec-�ruc�ri by W�s Secunty I��iiumr�t b3+ reason of azsy �3 ��e shaUenot 6 na wai er of or precivde ttu. �.;�-':,
<br /> `�'r�t. • suocessors in i�- AnY f�rbearance by Ltir�cter in exercising any ri�d ' - Y : �.;,_:;•,,.-
<br /> ;`�`,'•:., e�.�cise uf a�ri�x or remedy. �`-_'
<br /> eas.I'he covenants and agrecments of this . s"` -
<br /> ;::,,,:, �2t. Saca��ots and A�f�ns Hoan�dulnt and Several Lia63L'?�; Co-sign P visions o�.' • ��:�.:
<br /> ns
<br /> ,.•�,�;
<br /> �ttsif� �tisuummt shall bind�ansl benefit the sucaessors and assigns ef�.ender an�.i3�rrawer,subjeci to?�� r34��yus' Secunity. �
<br /> . 17.'�iiicsawer s oov�.+i�sts an� �2�ents s�aU be joint at�S several. l�ny'�arrower who ��s•'s
<br /> '.:;1 �t t�d}�nvey�t ..�'
<br /> : ,�,y , m�enx bLR d+��nat exewte the Nats:�w:ir-.co-signing this Secudt;�� ,nstrument only to m�i-.,Sr''�rc< v the sue� _�...
<br />' �:'' • � I3'+�aver's in•.�sest in the PropertY un;ter t�c trssns of this Security IcsuT�nt:(b)is aat p_etsc�Gr'. .c�i�, . .�.
<br /> , �:i�r��d by this 3esvrity laswment•and(c)�r ees that Leuder and any c�ir Borrower�.a�'�+�a�-'�:r�r,',Yrn...f�,sbear e� � .
<br /> �r a�ry aeco�n,ndarions wrih�TC�rd td xhe terrns of this Security Inshu�rsent or the N'cu:.��ithout rhat Borraaec':�s r�a��nt- r.�r�r ._
<br /> y�..$.c�an Charg�.�J•t3N+i�sec�re�hy th'ss S�.uity I�►Ftn�ment is subject w a law whic6 sets miu�imua�'1'�c�!at'Ses. �w� __
<br /> a�i e�us�Ea�v is finally inte�tpser�•sQ that�tb�intemst or other loan charges cullected or to be collected into�ee tha ch�r'. Q�'"��`
<br /> . ta�n�exoeed the permitted limits.then:(a),�p sucb lean ci�cuge shall be r�duced by the amount aecessary PP �-
<br /> n -•nitted lunits veill be retunded to-
<br /> . to tfie percnitted llmit;an8(U)any sums alm.ady collecied frora Bornower whic6 exceeded pe. ----._.v.
<br /> `;,. Borrower. Lender may choose to make tivs refuap by redusing the principal awed under me Note or by nmakin� u�an i.__
<br /> :::!�, payment to Bormwer. if a refund reduces princi al. the reduction will be treated as a partial P�P� t_'
<br /> � pre,p�yiuent charge under the Note.
<br /> '''f.:r• i�Nqtkes.Any notice to Eorrowes provided for in this Security Instrument shall be givea 6y delivering ii or by mailing _
<br /> ;�;,;;;��� it by F�st class nsail unless appiicable taw requires use of another method. The notice shall be directed to the Propetty Add�
<br /> ;'::,:.�;1 or..any othcr address Borrower designates by norice to Lender. Any notice to Lender shali be given by fisst class maii to
<br />;a,;.,': �.rq;�s's address stated hercir�ar any other address I.endar dcsignases by natioe to Borr�wer. Any notice provided for in this
<br />:!,,',.,1 c,,;�ty��n�ent shall be d�rmed to hnve been given to Bomnv�T or Len�er when given as pmvided iq this paragraph. _
<br /> ., 15.Governtog I.�wi ���ICy. This Sorarity Ina?rumcnt shall Ixi govemed by feaetal taw and the�l�a oS the ���.
<br /> : ,jurisdiction eb�vhieh the�i�laatted.In the event thttt anY Pmvision or ctause off ihis Security fnstzv►nEnt or titc Note �-
<br />,�v.�%;'���} �. conflicts with ap{tlicable Qaw.suds c+onflict sh�il not affect other pmvisiana oE'this Secut�:��insuvm�nt oc the Note wt�fch can be
<br /> '`°````�," • given effec�withaut the oontlictiag pmviE3aa.To tiris end t@e provi�ans oF this Securiry Inst�vu�ent�and the Notc aa:declun:d �"'_`
<br />;_;v:';; . �,w_-,
<br /> to 6e severabte.
<br /> `�' . " � l�.g4�u��r's Copy.Borr�wer shall be given one ooaformed oopY of the Note and of this 5eairity Instmate�F.
<br /> �° ;r , 17.Trasst'er o!the Pmperty or a Benefict�l Interest in Borm�er.If all or any part of the Propert5+or�i�tpoest in it ��ti�
<br /> is sold o7 ttansferred(or if a beneficial'interest in Borrower is soId or transferred and Borro�ver is not a na4uTa1 gzPSOn)witriout �_
<br /> ,,.
<br /> � �� ` Lender's prior written consenl, Lender may. at its option. require immediate payment in full of a11 s�ms s�cured bY'ttils
<br /> � Security Instniaunt.However.this oprion shtill not bo exetcisr.A by Lendes if exercise�s prohibitad hy federal taw as of the d�r. �.,,,;
<br /> :,.,�; , .,
<br /> ,.'�_:•�.. ._ • of this SecuntY Instrument.
<br /> �,,:�l�s ; �1�ndpr eaercises this optian.I.ender shn11 Bive BonroNer aadce of acce�eiation.The notioe sha31 pravide��t period of adt . �����`:
<br /> ,..•,���r�_, . Iess t�an 3Q days from slie date the notice is delivered or m�ilefl witi�in whic6 Borrower must pay all swas secured bY th9s ��,`,
<br /> -�;;#t��+� Security Instrr�mcnt��[8�arrawer fails co pay these snms Prior to the expirntion of this period.Lcade�mny invake any remedics __
<br /> �..��`�,;��,�� per+nitted by thic Seai�ay�uument withaut further noticE or demfm4 on Burmwer.
<br /> • ig. Bormwer's R�ht tm Reint�nte. If Boreower rts�ts �alt� coaditions. Homower si�ilI hs►ve tho right co ha;le�
<br /> enforcement of this Sscuurcry tns¢r�umcnt discontiaued at any titne prior ta the eatldor of: (a) s�Y�s of salo��cant�n�this
<br /> r i �suant td anY W
<br /> applicab2e la�v may spec fy far rESinssntement) before sale of the Froperty W
<br /> Security Instrumen�or(6)entry of a judgment enforcing this S�curiry lnstrument•Those conditions cuc thut Bomn�ver.(a)pays
<br /> � , t,¢nder all sums which then wunld bo due under this Secunty Instrument and the Nnto us if no axelemqion had occnrred:(b) _
<br /> � cures any default of any other cavennnts or ugrzernents: (c)pays ull expenses incur�ed in enfarcing this Security.Instium�`1• �._,_
<br /> '� �.` inefuding.but not limited to.ceason�file attomeys' fees:and(d)takes suc6 act�on as L.ender mny re�anahlY re�lu�re to sissure _ .
<br /> that Me lien of this Securiry Insncims�t. Lender's ri�hts m the Prope�ty and Borro�ver's obligation to pay tt►e sums secured�y. -_
<br /> tt9
<br /> this 5ecurity Inst�ument shrJl rnntinue unchanged• 13pon r�eiustatefnent by Borro«•er. this Scx9uity inshumesit and thQ �-°_.;
<br /> � obligations s�ured hereby slwll remuin fully effective us if no sceelemtion husi oaa�rred• }3awevet.this right to reinstate shail �
<br /> not apDly in the case of acceleration under pa�gtaph 17. �
<br /> 1q. Sate oi Not� Chunge of�rrdn §eav�oer• The Note or a ptutial interest in the Nate (together�vith thls Security,
<br /> ut '
<br /> � Iastniment)may be sold one or mnrc dtnrss��thout prior notice to Borro�ver.A sale may r�esult in a chunge in the enGiy(known�'� �y
<br /> ' � a,the'i,oan Servicer")tl�at callects monthly paymen�s due under the PYato and this Serurity Inswment.There also mfly he one• �Y
<br /> ' �� or more changes of the Laan S�+icer unrelated to a sa2e of the Note.lf there is a change oi the Loan Serviaer.Borrower wlll be
<br /> � given written notice of the change in accordnnse�vith P�SmPh 14 above and applicabte law.7'he m�atice will stnto the name and
<br /> • ' address of 4he ttew Loan Servicer and th�artdress to which paymenis should be made. The notice will silso conu+it�anY od►er �.
<br /> . information res�uired by applicable law. �' ��
<br /> • tp, H�mrdaus Substances. Burro�ver shall not causc os p2rmit th�pres°.nre, use. di�posal. storaee.or retease of an}r �_
<br /> ._ � Hazardous Substances on or in the Property- Bomo«•eT shall not do, nor allow anyone else to do, anything affecting the _ -_
<br /> pfo;v_•rty th�t is in violation of any Enviromnental la�v. The preceding two seniences shall not apply to the presenoe.use.�r
<br /> m
<br /> � storage on the Property of sma11 quantities of Hazardous 5ubstances tiuu are gem�'aiiy �c�c�*�+t�i3� �PD�ri''°`°�� '� �.
<br /> . residentiai uses ar�ci to maintenance of the Property. �»,.
<br /> � va�,3 of a Fattit 3028 9190
<br /> � �+�.
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