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96108787
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3/11/2012 2:13:40 PM
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10/19/2005 4:28:01 PM
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96108787
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ir �.'a{3'.�{:i ._. . , . --- -.= . <br /> �bd �'..� , ' ' w.w�P _�-. . . �_ ._.._ <br /> y� .,.•.`�.:.«�:'t^V^'_. �.. ... .. _ "" .� . _., �� - _.-..-�'„r°`w�a�__ ... <br /> �---�-"-'"�•'_'^ __—__ _ <br /> T- <br /> ~�� _,.3.. _._.._._.._,.. «..e�,[��I�i�r,,. <br /> , l• <br /> . ._ ...... . <br /> y���' -—-.. <br /> �'�___ <br /> ____.... �t. <br /> ._ .. . ._ .. _ . . . . . - ____" _ ��V�� <br /> . Borraww nuy cu�� such t� cl�t�uh and rdn�t�te. �s provkl4d ln puap�•aph 18. by c�usMiy thM �ction a proca�ctir�9 lo � -�, <br /> dismlgsvci with a nilir�g 11w1, fn Lenda�'e qood faitfi drt�rmi�iaUon,pr�clucf�s talNtur�of th� 6ortowYr's Int�nst In th�F'ropwty a <br /> oth�r matwW ImFakm�nt of lf�Q{I�n ctaatad by Ihls Sacurity Inslrumont or E.end�r's�tic.wi7l�nt.rat. 8��+�*��+*�*�� M' __-_ <br /> daf�ult it Borrower.[1w1ny thy loan apPAcaUon process. yt+ve malwlally talso or fn�ccunte htottnaUa�or sutwnents to L�rndK lo+ r <br /> tAiled to provlda 4ander with any nwtoria! u�lormaliuny ir► connxtlon with t�e loan evidmced by Iha Nolo. nck+dinq. bW no� �,y <br /> Iwr�tad to. npresontations conGwninp Dortowoi s occupancy ot tho PropertY rs a P�inck�� nsidence II IMs S�cur�ly <br /> Instrumanl is on a �e�sahold. Borrower sh�U comply wilh +J� tho prov�s:ons ol tho kas� tl 8ortowx acquin� 1N t�tla l0 1M _ <br /> Pr�w�ty,the lassoha:d and the tee pUe ShaN nol m�ga unless Lendw agr»s to the mKger in wrA1n9 � <br /> 7. P�oto�tlon of I.ondor's Rlghts in tha Prop�rly. u earaw�r taa� to petlomt iha Covma�la�nd�y�wa�:itilc - <br /> oontalned h thls Sscu�ily Instiwrwnt. or lhere is a kQal procwdir�g that nuy stQn��can1N aM�c:t IMdK'a right� n Ih�e Propurty 6_ <br /> (such u� procpediny In ba+►kn+Ptr.y, probate,tor condwnnatlon or talaitwo or ta onloru taw� cu ryutatia�sy,Ihun 4W�d��Y - <br /> cio and piy fav whate�er I� neceasary to prot�ct tho value ot tha Propwty and Lond�r's ri�hts in th�Propwty. Lendar's a�lwn� u <br /> may inGude WY�G �Y su+Y►9 securod by a lien whlc to make�epalrsVAtthouqh��i1► rn+y�t,�ctla�,und��t u paray►�Ph <br /> raaso�aWr�tlomays' faas and entatnp on tho Property _ <br /> 7. Lender does no1 hava to do so. <br /> Any qmounts disbuned by Lenckt w�der para9�aph 7 shall become addidany debl 01 BoROw�r s�curud by thli S�+�dY <br /> Inatrument Unlos� Borrowar and Lwidar ayrea to other terms ot paymont. thase amaunts ahaU beu inlwoal hom thQ dtle 01 <br /> disburseme�t At the Note rate and shall bo payabla,wiih inlere�i,upo�nmice tro+n Lender ta Borroww roqusstin9 WY^��� <br /> 8. Mortgago Insuranco. 11 Lendw requeed martgaga Insurance as a conditbn o1 maku�p tl�n la�n a�wrod by thla <br /> Securiry Instrumant, 8ortower shsY pay the premlums requ4ad to mauuain lhe marty�ge insur+nco In eftuct.II. /w any rw��an. iho <br /> mortgaQe insurance covwaQe roqulroci by Lender IaPsos or ceases to be In oHeat. Borrowe►shall pr�� the p�anlu��1 to�tFu <br /> obtain coverage aubstant4�lly aqulv�tent to tha mortpage Insura.��e QreviousN In eHect. �t a cost aub�tantlatly �4 <br /> cost to BoROwer ot the nw+t9a9a Inwtanco P«i�sy i^ eKe�t. h°m �n °ri°mpta mortgap� tr+stue► aPProved by 4�nd�r. If <br /> subsSantlally equtva{w�t martpa9e Insura��ca covera�a 7s nal ava�ilat+(a. BortowK shal!pay to L�nd�t wch m��th a cum �qua!to <br /> onttwelfth ot the yaut�mnrt4afle insa�an�precn�um baing P��A��reserv�In Iku o1 mortytpe iewranu. Loscs u t� <br /> ba In ett�ct. Lanclu wW accaP�,usa�3 reUln those paYmen <br /> Pay�rn^ts m�y no lon9w M roquire�,At the oP�avd by Lsnder ar�n ebecomes �ailabls �nd Is obtain .b t Borcowx shW P+Y <br /> that L�dx requlros) pro�ki�d Ey iu►fisurer appr <br /> th� pr�mlums nqutred ta m�ntw�mwYgaga Insuraars h efled, or to provid�A bsa ruarve, u�tU Iha rpuirement tor rnortWl�e <br /> insurancs ends in accord�n:.e wkh a.��writkn agT�emant b�twoen 8ortower�nd 4endw or appNcabl�law. <br /> 9, Iosp9Ctlon.L�ndor or Rs a,�eni m�y make reasonable enVies upon and Inspxtions ot the Propwty Lond�r shW ylve <br /> gorrower notice ot th�tkne ot or prior ta an hspactlon speeftyying reasonabi0 eausa ta tha Inssp�cctton. <br /> 1Q. Cond�mnatlon.The pJUCeeds ot any award� tclalm�or�d�n�aG� � at con^Sdenvuvon, are h�eby�+�►sW^b and <br /> condenvwtion or othar takk►p of any paA of the Propaty. <br /> shap W paid to Lw�d�. <br /> In tho cvant o! a toW takln� ot the Property. the proceeda shap De appisd to the suma s�cured by thls Swurity <br /> Mztr.irtMn� wh�ther o►not th�n dua,with onY sxc�ss Paid to Bwrow�►. In tha �wnt o1 a pulia�1aWn9 0l tha Propwty b whlch <br /> th� t�ir maric�t v�� ot ths Pirop«ty inms�iatNy balore tha Lakln4 is equsl to or yraatK tM1an th�unount of t1►�cums skuud <br /> by thts Security Instrum�ni imnMdrateiy DaQur� the Saking. unkss 8o+towr utid Lend�r otherwls� sgrN in writiny. tM wms <br /> securod by thls S�curltY{nstrument st►aC b��aducM by t!'s amount o1 the proeNds mutt�pWd by the to0owln9 fncvo+�. i�)tM <br /> total amou�t of tha su.T►s seau�d'wmacii�tMy bMore tha twWn9, divided by(D) the ta:r nwlc��•ot th� Ro�p�ty��MY <br /> bNore tha Wdny.My DaJ�nce s�e'P�t�9 is IQSa than he amounl opif he`sumc s�c�usd fmmedi�tely bNon th�taking. <br /> . value o1 th�Pirope�ty hvnadiat�N law othuwlso provides�the prouods shaY M <br /> w�ss Bortowa and L�ncier othocwisra agra� in wriUny or w�fasc appkcab�� <br /> �ppyod to th�sums s�aYed by tAts SecuritY Instrumont wMth�r or not Uw tums u�th�n due. <br /> - --- .-------- � o_ •ti. . eNrs ta nrlu an <br /> _.._It th��A'oQrty is a6a[idOtl�d Dy E3GROwN.w a. aiis�nuwx uy t�iww iII ....:sC'.:•� _....!!t:- s^^`i!'!•"•"°f --- . <br /> �wud a sMtl�a cWm tor da�ruyes. Borrowx t�ils to rospand to UnWr wtthln 30 days aftw th� diLa ttw notiwor tothe <br /> Undw is authaizad to coNsct and appTY th� proceads. at its optlon. �itlw to �eslontlon a rep�lr of tha PtoD�Y <br /> surnc sawnd by tl�is Sewrity Instrum�nt.whMhar ar not th�n dua. ot oce�ds to prindp�t sh�N not �xt�nd or <br /> UnNss L�nd�r �nd BarowK oth�rwlss apra in wdtinfl. �nY npplication Pr <br /> postpm�ths dw d�tt of the monthy paym�nts r�rsd to in puagupha 1 and 2 or char�ye ths�nount of auch paym+nts• <br /> 11. Borrowor Na! R�I�aaed: Forb�arsnc�By l.oed�� Not a Wsivor.Ext.nsion ot th.vm.ta p+�v�++�+t or <br /> modiGcstlon of�twRitatbn ol tM sums securod by thls Sscurity Mstruma�t gra�sted by L�ndar to my wccasor h InUnat o1 <br /> Bortowor shaN not oper�te to nM�s�tlu flobiiity of thx orlyin�l 8orrowx u Barra++�r'�wccesson in intrest. L�nder shaN not <br /> b� requind te co�mNnc� Proc�eqs +9�ir►st any succassa in Int�nst a rdut� to �xt�r►d tY�u ta paym�tu or oth�wls� <br /> modi(y amoNtatbn o1 the sums secured by this Securiiy InsVaR.ent by reason ot my d�+rwsd mad� by the aiyirul 6ortowr or <br /> goirowr s wcc�ssors In w►terast. A�y fabwi�nce by Lender in �xrcish� anY ti�hl a ranedy shal not b�a wabu d or <br /> precfuEe th��xrdse of any ri9ht or rar�edy. <br /> 12. Succ�ssors and Asslyns Bound; Jolnt and 5�vor�1 U�bilfij; Co-sl���rs. Th� cov�++nts u►d <br /> �opnents ot th{s Sk,y�ty Instrum�nt shaN Wnd and ban�fd ths suceessars ar•d�ssiyns ot Ur►der and BortowK,wbJai to th� <br /> provislons o1 puayraph 17. Banovicer's cov�rwnts and oqrsemants sh�Il be Joirt�a�d sevral. My Borrow�r who co-slyns thla <br /> Secxviry Instrum�nt but do�s not execrsie the Not�: (a) k co-si�+fn9 thls Security hsUument ony to mortsaye.gnnt and convey <br /> that Borroww's ht�nst in the Rqx�ty undK tha tertns oi this Sccu�ily Instrument: (b) Ia not pKSOn+Iy obli9+ted to pay th� <br /> sums s�cund by thls�curily InstrumenY,f �Lo tha tarms of`this secur'ey Irusnment a�the Nok withous Aai earo� <br /> torbear w m�ke any accommodWens egotd <br /> consant. <br /> 13. 1.0a11 CI7pr��. N the loan sacured by thls Secc:.�y InsWment ls subJect ta a I�w wNch s�ts maxlnwm ban <br /> charyes. and that law ta finaYy intwprMad so that the intwest o�c:.her loan chargQS cotl�ctad or to h�colMcted in connecUon <br /> �n�� ��� p�d�rn;ts,then; (z) any s�ceh loa��s ef�rge shaU 6e raduced by the amau�t neCesaary to reduca <br /> th� charq�to the pamitted Wntt: and (b) any sur+s drcady coikcted lrom Bortow�► whlch �xc�eded Prmitt�d 1inWs wll W <br /> rstunded to Botrowe-lende�maY chooss to rtwke tt�is rotund by reducin�the Pdr+dPzl owed unde��ha Note or by m�icln9 a <br /> dMact paym�nt La Bcxroww. If a rNund ndueas A's'-r�at. the reduUion will b�trwted as a P+�'�P+'�P+�Y�^t without any <br />= pr�ps}::�t cl�:s�t tuider t4r_ Note. <br /> t4. Noticos.Any noUca to Ba�caww provld�d tor in tlds S�rity Instrum�nt sha8 be givan by d�YVerY►4 R or Oy nmWn�It <br /> � by frst class mail w�cs appYab�e tanv requins usa of anctter rnethod. Th� notica shall b� dincted ta tAa Propaly 14rldnss <br /> or any other address BorrowK designates by nctico to Lender. My noUce to Lander shaM be yiwn by fust etass mvi to <br /> Lendar's address stated herein ov any other+�ess Lendar deslynates by noRice to Bortoww. My nottca Provld�d tor in thlt <br /> Sacurfry Mstrument shatl bo dewned to have bean�tve�to Borrowx or Lenda when pNm as Providad in thls P+ti�+Ph• <br /> 15. Qav�rntng taw; Sowrabllity. This SeG++itY ►+�stn+mant shaY b� govemed by tadoral law and th� 4w ot th� <br /> Jurisdk.11an ln whlch the Property ls locatad• �n the evont that sny provlsion or clause ol this Securiry lnsVUmait or tha Note 1 <br /> �onA;qs wilh applicabl� taw. such conllict shatl not etfect othar provialons oi thla Security Instruma�t or tha Note whfch can be <br />-,_ 9��n d{�y,i�aut tho oonAiclinq provlsion. To thls end thv provlcionc o1 ti�Is Sawiqr InaUument and the Nou are d�rJ�red to <br /> — ba severabta. <br />�� 16. Barrow�r'� Copy. Sortower shall be glven aie contormed copy of the Note and of this SeeuritY InsUUment. <br />_.� <br />-w <br />��i � � <br />.:� �7�16.LM0(3/961 Pya 3 of S <br />.:.� �9 ' - . -� <br />
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