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<br /> . . ,a,.t..._.._ '�' <�:�ar � i
<br /> �"� '..,._..�._ �, f.,�.:-� _—
<br /> sub�tantiall) cqui�•alent mun_:x�{ti »uur:tn«�������i. nut a�silahle. Eiornn..r.h.dl ps� t.� Lendcr r.,:Il IItUI11Il d�UIU t�Udl IO . . .
<br /> � one-t�►eltth�it�he yrad}• mu�s;�a m.uran��e premium h��n� �.�»hy g��rTi,�«r��hrn the inwr.mrr��,ti�raer I:,p.�yi ur�ra�ed to ,
<br /> 6e in cftert, l.cnder uill:uapi,11f�:iR�I RCIJIII[hc'sC pJy01t(1t�d� :!�0�� n��ne in �ICU ��I Ilh?ll�:tE.� in.tiranie. Lu., rc•rr�e : F•. . .
<br /> pa}�ment,nuiy no longer tsc ree,eanrS.at th�uption�,F l,.�n�ler.�f murtg:�,_e m.uran.r rw�razc �m the amount,:nd f�tr thr{xnud � • . ,
<br /> •. �.
<br />. t h a t l.e n d e r n yuire,)pru�uiec?t���an imurcr appruv�tii h} Lendrr again h�tiomr.a�aii.�ble end u��hta�n�ti1. Ei�,rnraer.h�l! pc�y . -u =
<br /> the pmmium•reyuinvl eu nt.u;-.r.s:3��m��rtgaLC�murance in c f fec t.u r[o p m��d e:i 1�,+, r e�c n�.u n t i l t h c r<�y u�Rnt�nt ti,r murtga ge •,�' ,.. _
<br /> ►mur.�nre Lnd��n ac.��rdanrr��:a an} writtcn a�ntimtnt bet�«rn B��rn+«<r.end l.c�uirr ar appi�r;ihlr laN �
<br /> = 9. illspsrtion.Ltr��r.4::;:��cs!! n�,•• :rwkr na��mablc�ntri��upun anJ �n.p��.uun>��t thr Pn,Fum. LcnJrr.hall gi�� i, - . .
<br /> � B o rr o a c r n u i i�ti at the nnu of ua pri��r tu an impttitiun,pc��fymk rw,unablc�au>�ti,r thc i�uprctn,n. . -
<br /> l0. Condemnutfoa. Th,: p.:�n�ed+��f am :���ard ur rlaim ti,r duui�ge�. d�rcc t ��r ru n.e y u r n�i a l. i n .�,n n r cn��n anh �n}� ,• • i _
<br /> ' cundemnxUun ur uthrr t:il eins ��!:sn}•pa n o i t hr P ro p e rt}. u r f ur�um�yantr m litu ui r�,ndrtnn.u�,n. .�r�lirrrh� .�„�gn�til a�td .
<br /> . ,hall be paid a�l.ender.
<br /> n In thc rrent uf a cow!�r:.�r�ut chr Pru�urty.[h�pr��r«�1,•haU 1,` nt of a t�anial�Lil.�n�Y Hr hr Pn+}�cn}�n�«hi�h hnl t:ur� .�.. . . -
<br /> - �rhether ur n��t [hen dur. w�:��,�*ty ct��'�• p;iui tu 8urrowrr In [h� � P --- .
<br /> � market value of the Prc�pc�� c tca~r,uiiatel� befurr the tal�ireg n�yuat tu ur gnater th;u�the:uiwunt ut thr.um��c�vred h� thi� ,
<br /> '•���` : Security lnscrument imm�tili.�,:sr B�efure lhe t:tking,unies,Born��cer:uzJ l.�ndrr�uhrn�i.c a}.r�w m«r:[ing. thr�um.��tiurtd b ,
<br /> • thi� Security Irutnrment �lvi:i h� reduccd by the amount of Ihc pn�cec�l• multiplictii hkrth�alue�ut�the Pr�pen} imnryi�at 1� _ ,.. ;' .. �
<br /> azrtount ��f the sums secu r e�! er�irn�iia te l} b e f o r e t h e t s k i n g. d i v i d e c l b y i b i t h r t a i r m.u ;?>. •
<br /> .- ,,;_..
<br /> � befagr the w}:ing. Any ba!:�-,.z x�:�11 be p3id to Bnrmwer. !n the e�•rnt of a partial t:il.mg ul the Prnpert} in whic h t ht fa�r �w r}_' �-��i�;_—
<br /> • marit��e v:ilue of the Pmperty i:rE�.rneli�atel) befi�re the tsicing i�Icw+than t6e:unount uf the�um��ecurc.�i immeJiatcly beforc the _ . _
<br /> �P=���
<br /> taking. unless HonoWer ar.d i.e�der othen►i,e agree in wiiting ur unless appliraNle law otherni�e pru�iJcs. the pru��ti�i..h:ill ,� - - ''d �•
<br /> be applied to the sums securtu E�?�this S��curity Instrument whether or nut the�ums:ur tt►en due. _�-�_
<br /> [f che Property i�aba:e3'�s�.�i by Burru�ver.ur if,:nfter nutice by Lxnder to Burruwer that the LYmdemnur offer�w make an � w�._
<br /> award or �eul� a cl•rim fnr w^.�ees. Born���•er fail� to respond to Lender within 30 day+afier che Jate the notice i� giv�n• ,�.�.;T{
<br /> - L e n d:�r i+a u t horir.ed to�olic.:c a�r�a p piy the prcxeed+.at its uption,either ta restoratian or repair of the Property or ta the sums � �
<br /> ;ecured by thia Security Instry:ry.^��t.whether or n��t t hen due• �� _
<br /> Unless Lender ar:d So�roti�er otheru�ise agree in a•nting. any application uf proceeds to prirtciptil shall not extend or �y�, .',,,e ,-
<br /> �--=
<br /> . poscpone the due date of tl:e cre:titi:hiy payments refened ta in paragraphs 1 and 3 or cfiange the amount of.ueh payments. �_.�.,
<br /> 11. Horrorier Yo1 l�te�t�t�lt Forb�"'�R�e Bv I.ender Not a Waicer. Extension of the time for payment or modifiu�tion � - - �
<br /> " `'� u f ama rt i i a t i o n o f t h e s u r j s�L r e d b 5 t h i s S e�-urit y Instrament graneed by�Lender to�ny�uccessor in interest��f Burrower hhall — _
<br /> :.�::yi:: ���-�
<br /> -.'�,�';!' not operate to reiea,e the li.il�•�ti2}of the ori�nat Bormwer ar Borro�ver's successors in interest. L en der s h a l l no t b e r e q u i r e d l o __ _ _ _____
<br />� ""' �rortun�ce proceedings aDait3e�ny successor in interest or refuse to extend ti�ne for payment or athernise modify�r!ortiiation � ,�.,_�;;. �
<br /> af ch�� sums secuc�ed bY tirz� Securiry lnstrument by reason of any demand masle hy �he original Borrower ue Borrower s :,r`'�,��;,:.;;, •�.'°
<br /> - successors in �ntr.sESt. Ary Enrtr.�rance by E�nder in exerci�ing an}� right or remFdy •-iia11 not be a waiver of nr prcxlude the •�,;�s`_ •- __ - __ ___
<br /> � exercise of any rr�tt or rerrre�'y�. ,°
<br /> I2. Succe��s a�a'1 As�� �ua�;�oint and Several LialQr7iCy: C�-si�rae�s. The covenants and agreements of this �M :; �._
<br /> Sec:.�'ity Instrumenl shall bi�:u and benefit the succ�ssors 'snd assigns �f Lender an� $orrower. subject to the provisions of _ ;-;:
<br /> p�;:�-�ph 17. Borrower's co:�;nants and agreements shall be joint and several. /+tr_+ Borrower who co-�igns this Security . ��� ;:•
<br /> Ir�;�r,:msnt but �oes not ex�a.-uee the Note: (a) is co-signing this Securitg Instniment snly to mortgage, grant and convey that -
<br /> • Borrowzr's iw��in the P'tatia.RY under tl�e Lerms of this Securiry Insrn�ent:(6>cs not personally obligated to pay the sums � � s: , ,.'-
<br /> . • m ree to extend,modify,forbcar or •�,�
<br /> ,- •.'•j�� secured by t'us�+ic►ty Ir:s�r+�:'nen t:an d���.s z�e e s t h a t L e n d e r an d an y�3 t h r�r B o r e o w e r a Y a g . -.k�.;,,.� ..�
<br /> :S,, .r:�� ��= �.
<br /> ••;f� ;r;;_'c�anY aec«msnatiuns v.:ch regard tn dr�incros of this Security In�inun�►t or the Note without that Borrower's consent. ,e,i:���, �T_
<br /> �'' !3. i.oan�f L'-r g e s•�B t6=loan sece�: by this Secusity Instrumer.t is�ubjesx tn a law which sais maximum loan ch�. ,�• ���y�4;�,, �. ._:-
<br /> a:�;���hat law is fir.a l sy ir t,:s�n s>e��o t h u t t h e i n t e re s t o r o t h e r l o a n ch a r ges co11c..�ssxl��r to be collected in connaction witE�ct.e � .•„r , ,-
<br /> S �,_.. �. _;�
<br /> ^;cn;..�exeeetl the pemrittc�t lirr3uti.then: (a)anY such loan cliarge shall be rc�u.�d trt�lre�3snoun[necessary to recfuce t he c h a r e ��i. __ ._.. ,,..;_ �.;,.
<br /> to tfte p�rmitte�:1�!nit:ar:d ic•)any sums already collect�i±rom Borrovrer w!uctt���'��_ap f�N t morsb ill I�n°.n�a direet !-�- �-.�."� � �-_-
<br /> � � gorrowtir. I..cr.d+•s may chc�ose to make this refund by reducing tl� priacipa! Y S . ,;_
<br /> ' payment to Harro�ver. lf :z refund redu<es principal. the reducnon w�ll be tr�zc.�: as a partial prepayment without any � �";, '�=
<br /> . ,.,,.':: prepayment charge under L",:hote. `_'_
<br /> � 14.Notices.Ar.y r.oti�:e to Borro�Her provided for in�h3s Security Instrument�Ir,;l1 be given by deliverin�it ar by mailing
<br /> >+ , it by f��st class mail u�less�yplicable law requires use o1�:m��ther mechod. The notice shall tse directed to the Pn3perty Address j��
<br /> .. ;., or any other address Bocco ker designates by notice to LL�der. Any notice to Lender shall be given by first class mail to .: ..qF..
<br /> • Lendei s address stated F.�eein or any other address Lender designat�y by notice to Borrower. Any notice provided for in t4eis ,,�
<br /> Security Instrument shnld be deemed to have been giveo to Borrower ar Ls�der when given as pmvi�i��in tt�is paragrapf�• f,:;;rr;:•.=_
<br /> yg,G�verniag I,a�n; 5everabil[ty. Tt��� Security Irstrument st�all be govemed by fiyl��:sf: law and the law of iirz ' ��y,v_� ��-�
<br /> jvrisdiction in which the Ptropeny is la�l_ in the ever,r that any provision or cltii�:y:of this Security Instrument or the l�to.e __.t f..__.;�-�:�. _
<br /> cTanflicis with applicable[a�•,such conflice•,h�.all not afP��:�.ther prov�stons of this��asrity Instrument or the Not�:=+hich cun be ;,_�_� _ _
<br /> • �.�en effect withou[tae con�licting proviei.�n.To this�r�ti the provisions of this Sexvrity InStrument and the Nnt�:are declared �� �r ,.�w�.,___
<br /> ;u be sevetable. ` "'
<br />` 16,Horro�vee's Cr�py.Banower shall be given one confarmed co�y of the Note and of this Security Instrument. ��}
<br /> � ' 17.Transfee aff tae Pro�perty or a Beneflcial lnteresi in Borrac.er•If all or any part of the Praperry or any inter�t i�.i��
<br /> . +� i:s suld or trnnsferred(or if a bcneficial interest in Banower is sold or transferred and Borrower is not a natural�zr�an)witiv�:rr Y, �;
<br /> ' ' I.�:r.dei s prior wrireea coczent. Lender may. at its option, require immediate payment in full of all sums :�iled�Y ;"as _
<br /> • �ecurity Instrument. Ho�vever,this aption�hall not be exercised by Lender if exercise�s prohibited by federal I:�.w.�s of thz�f,:te
<br /> ,;,•�'�� of this Security Insru�ent. �"' ��
<br /> � �;;��� If Lender exereises thes opiion. Lender shall give Borrower notia:uf acceleration.The notice shall provide a period af nt �.^,
<br /> ':'r��� ;sss than 30 days from the date the nopce is delivered or mailecl within whicb Borrower must pay all sums secured by �_� �r�..����T:
<br /> � 5�;surity Instrumen[. If Bonower fails ta pay these sums prior to the expiration of th�s period,Lender may invoke any remedies .. �
<br /> �+:m»ttad by this Security Instrument without further notice or demand on BorrawEr. • ,, `���
<br /> 18. Su�ra�ver's W�.B to Reinstate. If Borrower meets certain condit��m:. Borrower shall have Eh�e right to have �-_:_,'����.;_._
<br /> ���" u�torcemenl.nf.this Security lnstrument discontinued at any time prior[o the earlier of: (a)5 days Ior such other period as — ,�,1;�
<br /> ••? �;�rt���fe ImN may speci6y for reinstatemenu before sale of the Pro�erry pursuant to any p�vver of sale cantained in this �4}�;?!*
<br /> n,h• �.
<br /> '�,`:�;: Sraa�:�r�In�ttut�ent;or(b)entry of a judgment enforcing this Security 6is.rument.Those condiuons are that Sorrower:(a)pay�s .ty�� _
<br /> � � L�x,:ler all sums which then would he due under thi,Security lnstrumeat and the'Vote as if no acceleration Izad occurred:�bi T�r-
<br /> � � c�res any default of any otir.er covenants or agreements: Ic) pays all exFe�ses in,au-ed in enforcing this Sca:uri.ry Instrum:r.t. �;�,�,�,,--
<br /> `i i inctuding,but not limited to. reasonabte attorneys' fces: and(d)takes c:.'�:��.tu;�.i::s Lender may reasona..ty rui��ire ta^�:ace -_H���;;,-..., _�
<br /> r:, � and Borrower's obli ation to a the sums secan�.h« """""""`"'"' �
<br /> �r�•4.','.'• that th�lien of this Security Irutrument. Lendcr's rights in the Pro�.�, 8 P Y �a*-•-���--•-
<br /> ' �='�t:{' this Security Instrument shall continue unchanged. Upon reinstz.:e.°.ent by Borrower, this 5ecunty lnswment 2.-�i Ib,� _�_ � '.��
<br /> .,. obligations secured hereby shall remain fully effective ati if no acceleration had occurred. However.this right to reinstate:ltutl .- „�„�_..
<br /> .�..�.�.Y.r.:�
<br /> . . rwt apply in the c�e of acceleration under paragraph �7•
<br /> 19. Sale of dote: Change of Loan 5ervtcer. The Note or a partial in_erest in the No[e Itogether with this Socurity �,� "`'��`"^�"
<br /> • " Invtrument►may be sold one or more times without prior notice to Borrovler. A sale may result in a change in the entiry(known ;•.,,,�,;.!•�,;;r,;.
<br /> � as the "l.oan Scrvicer"►that coll�ects monihly pay►n,ents due under the Note and this Security Instrument. There also may be one: �
<br /> or more changes of the Loan Servicer unrelated to a�ale of the Note. lf there is a change uf the Loan Servicer, Borrower�viil be _;a;;.•._ w;
<br /> giren written notice uf the change in accurdance with paragraph 14 above�snd sppLcable law.The notice will titate the name and _ :,�_ .
<br /> • address of the new Loan Servicer and the xddress to w�hich payments should he made. The norice will also contain any other
<br /> informatiun required bY agPlicable law. . -
<br /> � 2Q, Flazardous Sa$stauees. Borrower shall not cau,e or perm�t thc prc.encr. u�e. Jisp�s31, storare. or release of any
<br /> Hszarduus Sub�t:u�ce. un or in the Property. Borto«er ,hall nut do, rtor alluw :u�y�+ne else to do_ anything :�i'fecting the I
<br /> --..- Q.rK•.ry+h:�t ic in vinlation of anv Envirunmental Iaw. The preceding two sentences shall not:�Qply to the presence. use. ar
<br /> � � storuge on the Property uf stnall quantities of Har..irdoua Sub�tanreti that ate�enemify �e�uguir.�t.�th:a�ryr�pnase :e`r.orn'-'! .�--�, „-_; _
<br /> ,, residentril use�and to m:►entenance vf the Property. _
<br /> . v,no 3 0�s Form 3U28 9190 . ' .
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<br /> �'1' _ •y , • - � � � t ,� , ,�1 1 . .
<br /> . � ..1�. .11-.��5. . . r. . , . . -. . . . '• . . _ • . .. . ' � . . �-/` .. � . - _ _.. . • .
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