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<br /> ..a� y. Pr�CQtot��f Lete�Or's Righte in lDte PropOrty. M Borrower taits to perfarm tha covenants end agte�marts ...'.�. ° ,,. L�
<br /> eontatneE in this Sewrtty Ins�mertt or there is p tegal proceedsg th�t may signi�carttiy afteet Lendefs d9hts in tha R►aperty(sueh as -
<br /> � �=1 a procee�ng(n baniwptey.pmbate, for eondemnatlon ar toriefturo or to entorce IaNS ar regulaUonsl.�� ��der may do and pay for : �., � __
<br /> � whatewer is necessary to protecY the v a f ua af the Frope r t y and Lend�s �ights in the Property. L�nder's aedons may tnctuda Pay(n9 ,r •_ � , +"`
<br /> ...� any sums sewred by a Cen v�hlch has pdodty over this Secudty instn+m�n�apPesitn9 in eaurt.paYi^g reasanabte attomey's tess and . . . � � :4.-
<br /> �-� eMer(ng on the PropertY to make repalr�. �ough LendPr may tsice adian under th(a paragraAh 7. Lender does noi hsve to c�o so. �-�_-.._„_=-..-_,-_�._
<br /> � , l Atry amounts dis4ursed by Lender under this paragraAh 7 ahall hecome additlanai debt of Bortov�er secured by thts SEW![ly -
<br /> instrument. Unlass Bortower and 6end2r agree to other tertns of payment, theso emourrts shall bear interest from the date ot � � �-
<br /> � ° disbursement at the Note rate end shaii bo payabte.with interea�upon notice irom Lender to Borrower requesdng payment � _'
<br /> • i ,
<br /> - J �. 11rlOT�"dgo IP1f3U�tC@. It Lender requfred moRgage ins��ranea as a conditian of makEng the Ioan sewred by thEs � •
<br /> � Securfty InstrurtKnt, Borrovrer ahaN pay the premiums re4ufred to mafitafn the martgage insurance In eflec�t. N. for any reason, the
<br /> - moKgage insaranee eovere9a requfr'ad h5► �d�d��Dses or ceases to 6e tn eftect. Borrower shall pay the premiums required to obmin _
<br /> � eoverage sub�^tantaQy e4nNat�t to ffie mortgage insurance prevtousy in etiect, at a cost subs�tantlaalty equivalent to the cost to . .
<br /> � Borrower of the mortgags insuranca previousry In effed. troro an ettemate moRgage insurer approved by Lender. It substar�tialF�
<br /> equlval..�nt mortgage Insutanee coverage Fa not avaifabte, Borrower shafl pay to Lender each month a sum equai to on�twelith of the � �
<br /> year[y mortgage tnsuranca pranium betn9 Pad by Bortower when the insuranao covera8a IaPged or ceased to be tn effect Lender w� _
<br /> acce�t use and remin these payments as a loss reserve (n Geu ot meRgage insuranee. Lcss reserve payments may no langv 6s .•t . :, -
<br /> � requlred,at the opUon of Lender, if mortgage insurance coveraga('m the amourtt end tor the pedod that Lender requires� pravided by , , . •
<br /> an Insurer eAProved by Lender agaln trecomes avai�d.o end is obta�ed Borrow� shaD pay the prem(ams requ(red to ma'ntaln ; �;f r
<br /> mort�ge insurance(n efted. or to provi8e a loss reserva unU7 tt�e requlrernent for mortgage Insurance ends in aexordanca wilh any � :,p,r,,-°-:_
<br /> ;r.�� wrftten agreernent belween Bortovca and l.ender or appGeable taw. , � _- - '�--'-'-�-
<br /> . ,,-i �. Im�sA�tlOTf. Lend� or its agznt may maka t�san,6Ss enMes upon and inspedians o!the Property. Lender shsfl give ;„,{::'.:.�..., _-
<br /> Bortowa rta[tt�et ffie ttme of or pdar to an tnspedlon spectfying reasonslits cause tor the inspecdon. - :�;� ,� ""
<br /> . 1Q ��iTtf�8t47t�On. The proceeds o! any award or daim for damages. drest or eonsequer�t�a1, in connecdan with +any ;``.,.t%�;,�.-�EF•'� ��x•�-ry
<br /> �:�r=-.,,. ;�;S�313:;;,"_.,��
<br /> � condeRm�tion os afh�itd.�lrtr�of eny part of the Property.or for eonveytance fi fieu ot cnndemnation.are hereby sssigreed and shan 6e � . ?, a... •,;,:
<br /> '<'.;if�•':.:�:;' � �t�)(., �(':
<br /> ..1Ca< . .�:�<!�'�n•!a . r_,.h.
<br />� pa!d ta Latda. .�°���'�'''I<:!e'i'�i�;;`!�':,'E;i�;�+�',R�1t..
<br /> In ihr�rrr�t of a total taidng of the Proper�►. the proceeds shall 6e reppGed to the sums seeured by this Se�:iity instrument j f;.�,¢f ' '�r�n
<br /> whc�Rer ar.rsal:than dua vvith arry excess paid to Borrower. M tha avmt ot e partlai takfng at the Properiy in which the fair market l�r � _
<br />"`a,`�'� valus at t1Tr I�operty immedlatety lsefore the taldrtg is equal to or greater than the amouM of the sums secured by thts Security -- - --��;,f;.`.�c�s'� r.'�
<br /> � •c� �. .. F�r��°h9',
<br /> - - Instrumertt unme�atety belore the taldng, unless Bortower end lender otherwlse agree in wrRtng, the sums sac�ed by this Security _ -�'1 s�:''���:
<br /> � instrume�rt shall be reduced by the amount at the proceeds muitlp�ed by the toflo�:ng fractlon: (a� the to�i rimcunt at the sums � `�;,�Y�'
<br /> ¢fy�}f'
<br /> secured irtane�ately before ffie taidng. divided bY lb)tho Tatr market value of the Property fmmediatay betore the t�idng.Arty balance is:.' . :::;,��:=-�__-
<br />., � ` sha0 be paid to 8otrower. In the event o!a partlal taldt►9 of the Properry fi whieh the lsir marke!value of the Prop�ty Imme�ately �,�, �
<br /> `:'!:-�� before the tatdng ts less tfien the amaau�t at the sums secured f;nmsdlatey betore the taWng, unlgss Borrower and Lender oth�wtse y� �- • � �
<br />'"�.'.�:' agree in vrdtlng or unlesc apPQcabie fsv� atherw�se provides, the proeeeds shaD be applied to the sums secured by this Seatrfly
<br /> � r- ^..c
<br /> ' Instrumerrt whether or not Ute sums are th�due. � _ . � , ,:., �.;�• ;.�'
<br /> �` �' H the Pmperiy is ebandoned lsy 8ormwer. or it.a(il•r•aoUce by Lender to Bncrar�-t ftrd:t fie cortdemnor oRers tn mafce an award or
<br /> �+;'' settte a dalm tor dacnages. Bo�rower 6i:�to respond tn tnnder ardhin 30 days af6�-tlR�dute S�e noUce is given. Cr�der is authorized , '',*�"':�}� �.�`�;
<br />,.�s;_:.;, to ct�mxrt aPPN P . : }:: ,•:��.
<br />'rw;;;: `
<br /> the roceeds.at as epUon.efther to restoratian ar�aU o4 LF�a C�erty or to the sums secu�t hy thf�Sca�rriy' � :Fr� � `���,� , __.
<br /> Instrume»:.wis.ether or�at the�due. •' � , ji�
<br /> '� '� Untess lender arrd Bartower athc�+w�se agree tri r+rnn3. anY ePPltcaUon of praceeds W pdndpa!shal!not e�dertd cr postpo�.rc��ihe .�....:�lc.::
<br /> dae date of the mortthty paym�tts refr�ed tu tn R�.ig.Wt1+�1 a�d 2 or chsnSe the r�m:unt of such payments. -b' • � ''i ",_��
<br /> �:
<br /> � 11.Bo�e'owea Not Released: Forbear�m��y Lender Not a�'�'�Ii�*ae. Extencton ot the ttme tor payment ar -�"�y-- yn .��,�r��r__.
<br /> :. z.-a, ,
<br /> �� `" modRcatton o1 emortfr�Rlan oi the sums s�ared by tAis Securiry Insdument yarte¢�s1'Lender to any suecessor in tnterest oi Bortaw� �. . �`ac, .:�. " '°---
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<br />°;�;���•. shafl no1 onerece 30 �elease the Oab�i yr r�'iirr�o�igtnai 8omower or Borrowers st�ssars in interesi Lender sha0 not be requUed to �,.�:- �_j_
<br />�N„;' ���p��eed'�ngg agalnst any;�us��:r fn Grterest or refuse to extend time ins payment or othawfse modity emoRizaUon ot the „r-��-�,•-'-�-•
<br />•. .�s� sums seaired by this Secufity Insh.w�rr3�t by reason oi arry dernand rttade [sy tius odginal Borrower or Borrowefs sucaessors in ":'. .���`
<br /> �._:�!��� :�ttt>
<br /> UiteresL qny forbe�uance by Lender frr�dstn9�Y�9ht or remedy sha7 not!u��a wrelv�ot or predude the exerdse o!arty dgM or �l�Y,�,�;,_
<br />_ , �_,;,i �.�. ''` � `•,' �_
<br />.' ���Succosaor�and Ass���ound; Jotnt and gm�.c�rsC O�r�t�i�`Y: Co-si9�nera The cov�ants a.�d J:.�=..� y��n�r,:.
<br />:rr`��• �,�,��'!�!,!Irn',•�tr..
<br />�� . eg�ms ci this Ser,urtty InaWmerR sha0 bind end benefit the�r.�soro a�d assigns of lend� and Borrower. subied tn tirr. , <<<
<br /> . �, prarvislons ot pnragraph 17. Borro�wer's covenants end aSeeements shall be jofit�severa).My Bo�ow�who casigns th�a 9�ault�i . .:::�`,{ �(,
<br /> Instrument but doea not execute tha Nota (s) ta �si�ing this Security Instrument onty to moRga9e, g3n1c +rsr.d cQm2,�ti*.at . .
<br /> � l�
<br /> • Bmravrer's hrt�rest In the Property under the tertns ot:.;is Seeurity Instrumen�(b)ts not persona[ly obUgated to gay tha sums secured ��..'�{r=: � .••;i,� .
<br /> by thi9 Securtry Instrume�►fi end (c) agrees that Lender end arry other 8ortower may a�ee to e�Rend, modfry, forbear or make at►yr • ���,;._f'
<br /> �;;,; aa;ommodatlons wflP�regard to te�ms of this Security InstrumeM or the Note without that 8ortawefs consmt :::.,• �,.
<br /> `�"`� ' 13. LOit1 Ch3t�..9. B the loan secured ti�;lhts Security InsUUment Is subject to a taw which seta ma�dmum toan charges. ?,'""1'<•, -
<br /> "` ��•'�'i
<br /> , � end that Iaw is f�rtet[y i�tiai�ated so that the intemc��sr other loan efiarges co0ected or to be eollected In connentlon with ths ioan - ��,�. •j.,! ,�p
<br /> y �,r:,�.�
<br /> + � exceed the pennitted Iimitrr.�.hen: (a) arry such laan clu�ges shatl be�educed by Lhs amount necessary to reduce the charge to the - r X ��;�;1,�r���,y�
<br /> :;��r.:
<br /> � p�sn;�zd fimi�and(b)as�y sums a�a�coQected irom 8orrower which exceeded p�mitted Gmits w�l be reNnded to Bcrrower. Lender . .,�...v:..t,__
<br /> may cltuuea to make this refund by �ducing the pdndpai orved wtdra the Note or by making a direct payment to Bomnvev. U a ����•:..,:•-�—
<br /> ra'�,n;d r3d5•rces pdnGyal,the reduetton wID be treated as a partrr•J p�t vdthout arry prepayment cAarge urtder the No'�a � :":Y+":'"��;`�
<br /> 14. NOttCiB. Any noUce to Barrower pravfded�s in`S�is�c-a:r.t/Instrument shall be en b de&verL�, rt.ar fs,/r^�st ay ��u `fi.,;:i'�:t ';i,:
<br /> 9�► Y 3� +�"`�r�.��"y. 1 j
<br /> '_ �;t.
<br /> flrst claas meD unt�. appIIeabte taw requUes usa at mrnrP,���cd. The r,� shell be dineeted to the��n�y, �f,ECres� or arty _ ±,�r}..;+,4:�-4—
<br />� other address Bortower designates isy no�ca to Len�c� Any r.ctice to Lender s:sulS be giuen by flrst das3 mulf.ir �der's eddtess . +.r...:L�,,. i.i�;�qy�""
<br /> • �.f==.�::..�,._..
<br /> stated hereln or any other addmss Lnn�:er designates by no8ce te LTarrower. Arty notice Fravfded for in thfs SewrtP� festruman shafl ;��:•.�.,..�,
<br /> ;;;•)., • .�
<br /> �� •�: be deemed to have EEen given to Boar.vrer ar Lender when g(vcm as provlded in this paragr,.pt�. -.;`°,i.,� ,,�,
<br /> �:._ vr:-
<br /> 15. aoveming Law; Ssvenbllity. 7tifs Secudty In.�hument sha(1 �e govemed by lederal taw nnd the [sw af the . • . .:�y�. ..�.:. ;;_
<br /> .rc-�Ye:��:.�,,�-_
<br /> � Jurisdtctlon (n whieh the Property is located. In thcs avent that any prmdston or etause o?this 3ecurlty instrument or tho Note con8iets � :
<br /> •. . � wilA eppQra6le law, sueh eonidet shali not afteet othe► provislons of this Securi'ty Instrument or the Note which can be �ven ettect ��
<br /> withoul the oonlRcUng provision. To thts end the provisions af thla Security►Instrument and the Note are declared to be seuerable. ����
<br /> I18. BOT►Ower'9 COpy. Barrowet shall be given ona contortned copy af the Note and af this Securily InsWment. ; _ __ , � ��
<br /> : ( 17,Transter ot ths Property or a Be�eflclal Interest In Boiroxrer. it et1 or any part ot the Properry or any �
<br /> � fnterest in il is sold or bansterred (or i9 a benefietal intetest in Bortower Is sotd or transferted and Bortov�er is not a natu►al person) �•
<br /> ' � wfthout Lender's prtor written consen� Lender may,nt its optlon,requtre immedlate paymsnt in fu0 ot a{I sums secured by this Securily , .• . .�.
<br /> • Instrument Howeuer.this option shaU not 6e mcereised by LenQer i!exercise is prohibRed by tederal law as of the date o1 this Secudry .
<br /> :
<br /> . tnstrument .
<br /> iT Le�der exerdses this opUon.Lender sha�7 glva Bonower notico of acceteraUosi.The naUce sha➢provtde a petlod of not less than � �
<br /> � 30 daye from the date tho nottee is deGvered or mailed within which ihe Borrower must pay all sums secwred by this Security � �-.��
<br /> InsUUment It Bortower fa7s to pay the�e sums prtor ro tho e�!rntlon ot this perlod. Lender may invake any remedies peimitted by this �
<br /> � Securiry Insitument vdthout furth2r noUce or demand on Borrmrer. Form ao2e s/so �
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