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<br /> ; _ ��__ ' 92_10568� .�:_� _ .�---
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<br /> '��'.�": :'. � • � Borrowr m�y cun suoh �d�GiuR �nd nin�Ut�.a provid�d In panpnph 18� by ow�inp Ih� �olfar a prooMdinp to b� � - -
<br /> �..�►�f•::; : .. di�n�tssd wNb •iuYnp tluit In Lmd�'�pood itNh d�t�m►InaUon,Pnclud�s fortMWn of lh� Bortow«'� MNKNI In Ih�PropNly a
<br /> ,�:;; ..� ;-..: .. .. othr nWM1d Nnp�km�nt o1 th�Wn arMt�d by thi� 3�au�lY InsWm�nl a L�ndv'� a�cu�tY{nNre�t. Bortow��hall�ho b�
<br /> _ ,�;,�,.,..�.�;y�.�;G.; In d�fai�l H 8aiowr. dwinp th�loan�ppAaUon prooea�, �v�nwtuNly hb�or in�count�InfomwUan a �t�UrtNnt�lo Lrndr
<br /> Ac.,�.; • ;.` ' (or WNd to p►ovid� L�nd�r with�ny m�t�l Infam�Uon) in oonn�odon with th� la�n�vid�nc�d by th�Nob� Notudlnp� but
<br /> �i++-::• �� �.. not Ymit�d lo� nPrYSmtatlons aondrt�p Ba►oww's oceupanay of th� Prop�Ay �s � pdndp�l nsld�na. II thi� S�curHy
<br /> � ' . I n�k u m r n t b o n e I�a a�h o l d, 8 o r ro w�r�h d l c a r�p l y wkh W the p r ovbbn�ol th�IMS�. N BoROwK aequtn� IM tiW to th� _
<br /> � Prope�ty,th�IMS�hold md lhs fM Ws ehW not merpe unlaas LendK�prsw to Ih� m�rya'In w�itl^C•
<br /> �� s,..z.�i•4 7.P�d�ctlon of I.�nd�r'�RIpMs In th� Prop�rly. If ea►ow�r UN� to p«1am th�aown�nt� and�yr�n�nt�
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<br /> �..y.. . conqlmd In this Ssaulry In�Wmmt, a thero is�Isgal proce�dMip th�t m�y slpnMo�nty�f(at L�nd�►'s riphts In ihr Prop�rly
<br /> . .� ^- — ;--� (�uah u a prooMdinp In bu�lcn�ptay,probN�, ior cond�maUon or forhltun or to�nbrc�Irwo or repulaUons), then Lender msy � --_--£3--�--_---- --
<br /> do�nd p�y lor wh�twr Is n�assuy to prot�ct th�vaW� 01 the Properly+u�d lender'a dphts In th�Pra{�!Y• L�ndK�� �dbn�
<br /> - " t � " � ° ov�r thl� S�ourfly Instrument� �PPwrkq In eourL WY�Y -
<br /> may Indud�P+qrino�ny�ums �ewnd by� N�n whloh h�f P��Y
<br /> � � '. . rMSOrnbt�dtamhn' iNS md ont�lny on Ih�Prop�ty to m�k�r�pak�• Nlhouph L�ncMr rtwy t�k��atfa� wialsr Ihb p�rapraph
<br />�� ,s.�,� 7,L�nd�r doq not h�v�to do so. '
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<br /> �;, - !e�' „ • My �naunri dsburs�d by L�nd�► und�►parapr�ph 7 ah�ll beooms �ddldond debt of 8orrower seared by thla
<br /> . .� p 8�curity InaOum�nt Untas Barower �nd Lender �pne to othx tams ot p�yment,tAesa amounis sbe�bstu Interost trom
<br />�, ;'' . .. „ lh�dat�of disbun«n�nt N th� Not�nt��nd shW b�payabk, wlth int�at, upon notlo�lrom L�nder b 8orrowa► roquestlnp
<br /> p�yment.
<br /> � ,,,, A.Mort��p� Inwr�nc�. fl L�ndo►requfrod morty�ps Inauranes as a conditlon of m�ldnp the bm seauai by tMe
<br /> , ,�. ,. a� `' ` , Seourity In�hum«►t,Bortowar sh�pay ihe premNrms roqutrod to molnWn ths morlp�pe Insuranae in e(ted. If,tor�ny re�son,ths
<br /> � • • ., mo�p�ineuranu cove�pe nquk�d by Landx lape�a or esoaes to M M�ffeal, Boircwer ah�ll p�y tM pnmlum� nqulnd to
<br /> ' �` •` � " '" obWn aovenpe wbst�ntldiy equNabnt to the mortyape Mauraneo prevlously in eflact, at a coat eubetmtl�Ny aquhraNnt to th�
<br /> � ' oost to Boi►ow�r of th� morty�ps Inw►�nc� provlousy M Hfeat, hom an�Remde matya0�Insunr �pproved by L�nd�r. II
<br /> ' ' �''�~ ` sub�tantlaAy equivaknt moAyapa Insuranee covarape h� not svsN�bls, Bor►owa eh�ll p�y to Lander�sch month ��um equ�l to ��`�
<br /> � onNw�lflh of th�yew�ly mortyape Ineurancs premlum beln�peld by Bartower when th�Insurance oovsraqs lapsod a cs�s�d to _ ____
<br /> . • 6e In NNot. Lender wip�cwpt, ua�and ratain thae p�ymenta ae�bss mave In Aeu oi moRp�pe Insu�nce, Loe�►eserv� �y�,.;
<br /> at
<br /> ' :�! `� p�yments m�y no bnyer be requked,at the opUon of Lander,N mortp�p�Ineuranc� oovara�e (In lhe�mount�nd for the paiod —
<br /> ';'''',` ihat LendK nqukea) provld�d by�n Insw�► �pproved by Lendw ��In beaomaa avall�bie�nd Is obtolned. Bortower shaN paY ��;,_
<br /> ••:{,.�.� �,�.
<br /> , the prrNuna raquked to muntaN�maty�pe In�urance in eifecl, ar to provid� ■loss rnerve,undl tha nquk�monl fw moAy+�ps
<br /> .� •. . Insursnee anda in eccordancs wflh my wrNten �preeme�M beNveen Bortower�nd Under ar�ppAubk law. _�_
<br /> ' 9.111�p�Ct1011.lender or Ils�pent may mdca re�aonabk�nMai upon�nd Inep�cdon�of th�Properly. L�nd�r�haR phre =_ ---
<br /> 9ortowe►�otic�tl the tlme of or pdor to an Impeadon ipaciyin0 rNSOnabls c�ws fa the Inepection. �:��;°::'�;i-:.._
<br /> . . • 10. C0�1dN11f1d1o11.Th�proceeds of�ny award a cWm for d�m�pos, dirsct or consaquentfal,in conneallon wflh�ny ,�..�`._
<br /> . � aonv ana In Wu of condMnn�tlon� w Mnby�ssip►ad and �n•, � •• ,
<br /> . condeim�tlon or other qikinp oi�ny prl 01 th�P►opaty. or 1or y
<br /> t . shd b�pald to l�nd�r. -
<br /> ' In th� event of � total Wdng of th� Prope�ty, the proaeeds shu bs +ipplled lo the auma aecured 6y thla 3ecurlly
<br /> - -- — Inskummt, whtlhe►or not than due. vrfth �ny excese p.id io 8oriower. In iha avsx�t a!n per!!�!L�l�lnQ of tha Prop�rty In �._�=.--�--�:-
<br /> • � which ths Iair mrkat vtlue of the Propeity Immedl�lety betoro tha tatdnp la equd to or yreet�r than the anount of the sume �`'�;"�"'� ""' ,�,s
<br /> � e�cur�d by this 3ecwlty Inetrument Immedl�tey belo►e lhe hking,unleas BoROwx md Lende� othawiee �pree In wdtlnq. �ha �,��
<br /> eums ��c�xed by thla Seeurily Insirument shaA bs reduaed by the omount of ihe proaede muldpAed by the foNowinp kacdon: � ��
<br /> , • � (�)the toUl�mount of ihe aums sacurad ImmMiddy betorQ the Wkiny, dhrided bY (b)lhs I�k muket value a1 the Praperry -y,�_
<br /> Immedl�tNy bsforo th�WtMp. My balanes ah�N b�p�ld to 8arower.In th�evenl of a paAW WQnp ol th� Property In which . _ _
<br /> ths(rdr muk�t vdw ol th� PropMy Imm�dWtety beforo fha ukinp Is leaa th�n tha�mount of th� suma teax�d Immedl�iNy .
<br /> : , bMa►� Ih� Wdnp, unNss Borrower �nd L�ndar othaiwlae aqre� in writkp or unlsss �pplM,�bte I�w oth�ris� provida, th� ;,��,��.,
<br /> procNds sh�Q b��pplbd to th��uma sacumd by thls Securfly Inatrument whMher or not the aums oe lhen due• � • �,.,
<br /> It th�Proputy Is�b�ndon�d by Bor►ow�►, ar N, dler noUce by Lendw to Borroww 1hd th� condemnor oflws to m�ke�n ; ;�'°
<br /> �w�rd a �NtN � clum ta d�rtwya, BarawK I�IIa to napond to Undar wRhln 30 d�ya ad�► ih� d�t�lh� noUc� Is yk�n, � •
<br /> • Lander is tuthorlx�d to coNect�nd�ppy ths proceeda, �t Ra option, Nlh�r to ratomUon or npak of th� Propsrty w to , , �..;.
<br /> „ th�sums s�cund by Ihls 3�curity Inttrument, whether a not ih�n due. r
<br /> lhd�ss L�ndw and Borrow�r oth�nviee �qres In w�itkip. �ny�pplicaGon of proeeede to prk�clp�l �h�Y not�xtend a L _.
<br /> poatpon� tM due dat�of the monthly paymenla relerred to In puayrapha 1 �nd 2 or chenye ihe amount of wch p�yments, .___
<br /> • 11. Bor�ow�r Not RN�as�d; Fo�M�ranaa By l.�nd�r Not a Waiv�r. Exteneion ol the dme ror payment or f __
<br /> modiflqtlon ot�mortfadon ot the auma aewred by thla 3ecurHy InsWment gnnted by lender to �ny sueees�a In (ntersri � .-
<br /> � of 8ortower sh�M not operate to relwse tho Il�bulry of the or191n�1 Bortower or Bortower's succeeaora In InteresL Lander ah�A f � �-_
<br /> not b�requked to camnnca proc�edkiqs a�inst�ny sueceaeor in Interest a r�fuas to exlend time lar p�yment or othwwise � ,�.-_
<br /> modHy�matiz�Uon o1 lhs sums a�curad by this Secuiity Instrument by re�aon of�ny demmd m�do by th� wl9lnd
<br /> Bortowa or Bortows►'s auccesnora In Mleroet. My forbearanc�by Lender in exerGlsiny eny rlpht w nm�dy sh�M not b� � f_
<br /> wah�r of or preclude lha exeralae oi any�Ight or remedy. .
<br /> 12. Succ�aors and Asslgns Bound; Joint and S�vor�l Uabltlty; Co-sl�non. Ths coven.nte ■nd � '�:�
<br /> � �yreemcnts of thla 3ecurrt�r InaWment nh�ll bind and benefit the succesrora and aasiyne ol Lender�nd Bortower,eub�ect to the
<br /> provialona d puayraph 17. Bortower'a covemnts�nd ayreements eh�ll be jolnt and aevernt. My Bortower who co•sipns thla ;
<br /> Sewrlry Inetrum�nt bul deea not execute the Note: (a)Is co•alyning Ihis Secu�ity Inatrument only to mortqape, gnnt�nd convey
<br /> that Borrower's intereal in the PropMy under the temia of this Secudty Inauumenh, (b1 is not person�ly obllgaled to pay the �_
<br /> aums sacurod by thls Seewity Msirument: and(o)egrees lhat Lender end any other Borrower may�9ree to extend, modHy, ,
<br /> foibear or make any accommodaGona wqh royerd to the tem�s of thls Securily Inetrument or the Note without th�t Bortower's :
<br /> �� consent.
<br /> 13. Loan Charpe�. II the loan secured by thla Security Instrument Ia subJect to a I�w wldch eets maximum loan .
<br /> choryes, and thtl 4w Is flnely interpreted so that ihe interest or olher loan ch�rqes collected or to bs coAected In connecdon
<br /> wflh the lom �xceed ths permitted Ilmita,than: (a)eny auch loan cherge shall be roducad by the �mount neceesary to reduce
<br /> the cheyo lo the permltted Ilmit; �nd(b)any sums dready collected from Bonawer wh�h exceeded pernYttad Iimlta wlll
<br /> � 6e refunded to Bonowe►. Lende► may choose to make thls retund by reducing the principal owed under the Note or by
<br /> � m�kinq� direct payment to Bortower. If e refund reduces p�incipal, the reductlan wNl ba traatM as a partld prepayment
<br /> wkhoul any prepsymont chxge under the Note.
<br /> 14. NOtICYt. My notke to Bortower provided lar fn this Secwqy Instrument ahaY be given by deYvoring fl or by malling R
<br /> by Brol claes mail unla�a �pplicable law requiros uae ol enother method. The noNce sholl be directed to the PrapeHy Addreas
<br /> . --- -. - 0�lfly OLhQr �ddress Borrowe► designetes by noaca to Lentier. i�ny noiico iu ��e�u'oi 5i�� `v� `.�" �••a»� '�"' "•��-� !=
<br /> j!'.o.� � ..,.. .....__ .
<br /> . � Lende�'s addreas atated hereln or eny other eddreas lender designates by nolice to 8orrower. My notke provided for In
<br /> thls Secu�ity InaWment sheW be deemed to have been glven to Barower or Lender when gfven es provided In thls paragraph.
<br /> 16. CiovYrning Law; Sovarabipty.Thia Soa,rity Instrument shaN be govemed by tederal law and the law ot 1he
<br /> juriadidion In whlch the Property la loctled. In the event that eny provislon or clause ol thia Secu►ily Inatrument or the
<br /> ' Note eon111cis wilh applicable law, aueh conNct ahall not afleet other provislons ol this Secu�lty Insirument or the Note wh�h
<br /> can be giwn eilect wNhout iha con111cUnp provislon. To this end the provlsions oi lhls SecurNy Mstrument and the Note are
<br /> ! dedared to be sevctable.
<br /> _ I 16. Borrowor's Copy. Borrower shall be given one coniormed copy ol the Note end of this Securiry Inatrument.
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