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<br /> ' '�•.. •- . h 1 b causing Ne action or procsedmg to he . `�, ''.
<br /> � ' Borrower may cure sueh a detauft and renstate. as Drovided in ParaS�W 8� Y . .
<br />-_ -:�.-r-:-.--- dismissetl wRh a ru�ng thaL in Lenders good faithh detemiu�attan.Preckides tofte�ure ot the 8 tn�sL 8 rroo vr��shBU aLSO be In ---_•-�-----? '..
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<br /> ` ` � othet materlai trnpairtnent of the rien created by this SOCUritY InsVUmeM or Lendefs secwAY _ , _'-
<br /> ` • `�� 'c EefauR B Borrower.dur�+g the loen apAGcation proCSSS.9ave materfalhr fatse or aeaccurate�►fortnatton or statements to Lender lcr ` :'
<br /> , , `.,..4 ta�8d to provtde Le»aer w$t►any matertal irttortna�on)in connect[on with the Ioan����al residence.�If this SecurltY� , ,,'`,
<br /> f � t'unfted to. reAresentattons coneemtn9 8ormwers occupanay of Ne PropertY .:�:.,s �
<br /> 4 8S wah eD the P►ovLsions of tt+e tease. If Borrower acquues tee titta to ths e .•f••._,
<br /> Instrument is on a teasehoid.8ortower shaU compN ��������e merger in wridng• gg � �,
<br /> � proQertY.th6 IeaSehotd end the tes tftte shaU not mei8g If Bar�ower fs7s to P�rtn the covensnts and e9�mant�''�" - •- �,. . .
<br /> � � � 7. Proteation of LendePs Rights in the ProPeKY• ..
<br /> � Lenders d9fits tn the PtoAerh► � :� •
<br /> � � �,,- contah►ed�► thts SecwHy instrumen� ar thare(s a tegal procesdfn8 that may signUicanth aftect ` `'r: � - _
<br /> ' ' E . � (such as a p�oceeding in baniwPtcY.probate.tor candemnatlon or tortetture ar to enfo�ca�aws or regu►atto�s)•�ndefsdeCda�s
<br /> �., ,. do end p�v tor whatever is necessery to protect tAe vasue of the P r oD e r t Y an d LenQer'S�8hs�tru�m rtte eAP�9 in court. DaY�9 .: j,
<br /> �_.,� :�_ may fncNde paying anY sums secure6 by a Rsn wh�h make�eAa� ARhougt�Lender may take actton under this paragrapfi ,•
<br /> � ,_ �. •- reasonabte attomeys•tees snd entering on the PropertY - �_` �>.
<br /> ' � � ' 7,Lender does not have to do so. h 7 shaU become add'Nona1 debt of Bortower secured by this Securit�l „ .- ,•
<br /> , . My emounts disbursed bY�e��� unde►P�9�P :
<br /> InsVUmert. Un►ess 8orrower end Lenda�e9ree to atAer terms of payment,these amouMS shaU Qaar �nte�est ho athen�ate of . ^
<br /> disbursement at the Note rate and shaII be paYab1e.�►m��upon notice iram Lender to 8orrcwer raWestt�9 P lR� °.,,'�;:
<br /> ��'i' 8. M04� e lnsurance. it LertCer raquVed morcgage insurance as a conddion ot maictrtg the toan secured by thLs - . .r r
<br /> � � `��. 3ecurhy Instrumean8 Bortower sha0 pay the psemtums requ7ed to malntain the moRgage insurance(n eftect.iL tar eny�eason.the ' _ -
<br />'-�;� � � � � mortgage�+surance Coveia8a 8 4u�b to Me mortgage �nsurance prev ousry�ettect.at a cost substantia1tY qu►vate�t od�he �Y : �
<br /> � � obta'v► coverage subsffinUaly qu raved by LendeG �� � •- :`�
<br /> � `.i � cost to Bortowar of the mortgage insuraace Dreviuusty in eftect. from an aftemate moRgaSe insurer app ( � •�, . _
<br /> � - SubstantiatN equivalent mort�ge insurance covera9e is not avaitabla.Borrowet shall PaY to Lender each mont sed o�cea ed!o ' ,,,�;::r.,�.
<br /> t',� one-tweifth of the yr�rhf ma�e Insurance premtum be�g patd by Borrower vfien the Insurance covenaga�a P ,
<br /> � ' be in effeet. Lender wi6 aCCePt use end retain these PsYmer�s as a�e tnsur�ance Covarage M�8��end far the pe ad �, `•� �
<br />+`= �,.� paymet�ts may no ionger be requbed,at tde optton of lsnder,H mortgagb�mes availa6ts end is obffiined. Borrower shall pay
<br />•s � � � that Lender requUes)provided by an insurer eAAroved by Lender egab� to►mortgage � .
<br /> . ' ��'x the Dcemlums requlred to matnta� moriga98 Insu�an:e fn effect.or W provTde a loss ceserve.uQcffi'�e�w W�^t .``�.: �.•.� -�.-
<br />- � ` , ,r•. t belween Borrower and Lender or app �• ;—
<br /> �.�,•� • .;� :::'�< insursnce ends in accordance viRh any wr�ten a�esmen Lersder shatt 91ve
<br /> �-�;w_ ._�:..�
<br /> .. . • . 9.Inspect�an.Lender or fts agent may make reasonabfa entrtes upon and UtspeCttons of ihe Prop�►. .
<br /> :'�� . •:,.'_ .
<br /> ' Borrower noti�ce at the 1lme of or pBor to an u►sAectlon speci(ying reasonabte cause for the mspection. .:�_�
<br /> _ ' . , ' 10. COi1or othe8taking of any pa�►t of the Propertl�a or tor cof nveyande ce U�i I(�o con�dertuiaUan.ace�hereby assigned and __
<br /> ' ,�'
<br /> < � . . . , • condemnat r` .;>
<br /> =:ti,.:. . ._.;-;..f�` shaU be peid to Lendor. - .,..__� .,.�.
<br /> • . In the event of a total takln8 of the Property. the proceeds shaU be applied to ths sums s o}�tt�ie Prope�rt�Y hSi whicb � '+"•:°�°�:
<br />�`?~F�� '- •� Instrument,whether or not then due.wfth any e�a�ss Patd to Barrower. !n the event ot a paRia�takin9 ,_�, ;_�;,�;
<br /> _ ' the fab maAcet va.hcs of the PropertY immediatety before the teking is equal to ot greater than the amount in wfiting, the s ms �IF:..'`�--�-°
<br /> � tiy ihig Security Instrument immediatety before the taktn9+ untess Borrower and Lender otherwise sSree
<br /> secured by this SecuritY �nsd�ument shaU 6e reduced by tAe amount of the praceeds mutUytied by the following iractlon: (a)the ��
<br /> total emount of the sums secuced immediatety before the ta1c�9.d��d by (b)the fair market vatue ot Me Property immedfateN , � _
<br /> 1 ��.
<br /> befare the taking-AnY b a i a nce shaU be paid to Borrower.tn the event of a partla�takin9 at the Property in which the fair market ,.;�__,;
<br /> vatue of the ProAertY �mediateiy befote the taking is less than the aroount of th9 sums secured immediata i y before the takin8. ",:�.^
<br /> ' � uniess Bortower and LenEer oMerwise agree tn wsittng or unless apPitcable taw othe""'Lse provides. the proceeds shatt Ee . ; �.i.
<br /> ` �. � ayplied to tAe sums secured by this SecuraY tnsDUment whather or not the sums are then dua _ ��.�
<br />�.''4.'i.� . . :"23f4
<br /> If the Property(s ahandoned by Bortower,or if,after notice by Lender to Borrower that the eond5m�or oHers to make an •: �'_
<br /> award or settle a ciaim tor dam�tl, So�e proaceeds, atSitsnopUon�edher t�estorauon or�reC� o���operry or o the .:�n_
<br />- ` • - Lender is authorized to cottect epPN �:��-.fi�;
<br /> sums secuted by this Securdy Instrument,whether or not then dua
<br /> � Unless Lencler and Bortower otherwise agres in writin9. ar►Y BPO��tion of praceeds to prtnclyal ahaU not extend or �-�;���°
<br /> � postpone the Que date ot the monthty payment3 retaRed tc in P�a9f8Phg� a�d 2 or change the 8mount of such payments. ti ,• ' -�?::
<br /> � � 11. Bonower Not Released; Forbearance By Lender Nat a Walver.6Renslon of the time for paymant or � _
<br /> �,•i:` ., modHteadon ot amaRimUon ot the sums secured of he origina Borrower or Borro�ers s�ccees o�in 5�terestSLender�shatl not .. , ��
<br /> w �, � Borrower shell not operate to re�ase the liabifdy e�= or otherwtse
<br /> � ; be requtred to commence proceedings a9ainst any successor in interest or retuse to extertd Ume tor paym ,
<br /> T±.; 1 modity emoRimtton of the Sums secured by thls Secur+ty Inswment by reason o1 e�y demand made by the origine�Boaower or ,<+R+
<br /> Borrawera successors in inteces� AnY far�2ara^ce by Lender in m�ercistn9 anY �ight or remedy she0 not be a waiver of or _
<br /> �'�' ' � �:ecNde the wcerclse ot any dgh!or remedy. • � .
<br /> 12. Successors and Assigns Bound; Jaint and Several Liability; Co-sl9ners.Tne covenants end
<br /> .•.1-' ��' � a�2ements cf this Securiry Instrumant shall btnG anA benefrt the successors end assi9ns ot Lender and Borrower.subiect to tho
<br /> , , . . .. p-3�is�pns pi paragraph 17. Bonowers covenants and aSreements sh811 be jolnt 8nd seveisl. MY Bortower who t and Convay ' �
<br /> Security tnstrument tiut Qoes not wcecute the Note: (a)is casiSnmg this Secufity Instrument onry to mortgage,gran
<br /> �' � � that 8orrowefs interest in th3 Ptoperty unQer the tertns ot thls Securdyr Instrumen� (b) Is not personelty oblfgeted to pay the
<br /> •. sums secured by this Secu':, ���mwith re�d ta, he termsaof thiseSe tl,�y �^ot�h�er�B000 he Hot wfth ut that 80 owe�s • .� .
<br />-•- • • forbear or make any accommadations 9� ,.
<br /> � consent. �
<br /> °� 13. L080 Ch8f9E8. If the �OSn SeCUted by this Securityr mstrument �s subject to e law which 5ets meximum loan ,
<br /> chargOS, antl thet law is finaly interpre�ed 5o that the fiterest or other Ioan Charges caltscted or to be colleCted in Connectlon 1 ,
<br /> wtth the loan exCeed the permitted Iimits, tne�: (a)any such loan charge shall be reduced by the amount necessery to reduce
<br /> the charge to the permitted IUnit: and (b)any sums already collected hom 8ortower which wcceeded pertnitted tim(ta W'��be ,
<br /> . refunded tment to Bortower-r Nae reiund reQuceseprincipa4 the ed cNOn9wi1 be�Veated es e D��P PatYme��bwflhout any , �.
<br /> _ . : Eirect pay
<br /> ".� � prepayment charge under the Note. .
<br /> � ' 14. NOtfC89.Any notice to Bortower provided for in this Security InsWment shall be given by delivertng it or by mailing it
<br /> ° ' . by first ctass man unress appitcab►e law requtres use ot enother method. The notice shall be directed to the PropeRy AEdress
<br /> � or any other adCress 8ortower designatas by notice to Lender. My notice to Lender shall be given by fUst class mail to
<br /> '�:..�: ' Lender's address stated herein or any other addres9 LenQer designates by notice to Bortower. Any notice providaJ far tn this
<br /> ' � � J Securily InsVument shall be deemed to have been given to 8orrowar or Lender when given as provided 1n this psra9�aPh•
<br /> • � i 15. Governtng I.aw; Severabillty. This SecuritSr Iostrument shall be govemed by federal taw and the Iaw of the . . .
<br /> �` "� i )urisdiction in which the Property Is located. In the svent that eny provislon or cleuse ol this SecurRy IaStrumetR or the NatO
<br /> � Caen eHect wilhout the onflicting p�ovfis on.hTo thiseendtth0 p ovisions o}Mls SeCUeityrl strumeM 8nd th0 Not t etehdeClaredb0
<br /> 'r; ' ( g
<br /> �� be Severabl9.
<br /> 16. Borrowe�'s Copy.Bortower shau be given one contormad copy of the Note and ot thls Security Instrument.
<br /> `•� , ` \:d�.. �
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