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<br /> � ectlon of Le�der'a Ftlqhte In tho Pe�pe�ry. u eorrovrer �ara �o pslarrn �ne ca�enanca aad aqreemsnce
<br /> � 7. Prot ..
<br /> contalnod In this Sncurity InBtrumen6 or Ihorq Is u bpal procaodinp thnt may al�nlitcantty af(aot Lcndoro rlphto In thr�Property(euoh ae
<br /> a proc9edinp In bankruptoy,pro6ato, Tor condemnsdon ar fora.turo or to cnlorco l�r�o or rcpui�tlona), thcn Lendcr m�y do and pay lor
<br /> wha;ovw fa necesa�ry to protect th� value of lhe Proporly flnd Lefldi�s riphle h the PrOpertY. �hd��80n�ble atto ey'sdfeoa and -
<br /> eny suma d�aured by a Il�n whbh has prlority owr thb S�aurky InaWm�nt� QAP�ark�p h oourt, Ray p -
<br /> entorin0 on the Property to mako raQaira, AAhouyh I.endw maY 7�fi�Y th�cortw Qd Nbnaaadabt o} Bonawer seoured by thls Seaurky -
<br /> My nmounto dlabura�d by Und�r und�r thii pwQ ap '
<br /> Inatrument. Unlesa Bortow�r and l.aider epres to othsr t�rms ol paym�nt, th�s� amount� ahtll bnr htK�st ham th� dat� 01
<br /> ' dlsbursemant ot lho Noto mto end�hntl6� peynbb,wRh Fnterest upon not�e trom Lend�r to Borruwer requesthp peymont.
<br /> • 8. Mortgage Inaura�ce. If Und1r rrQuY�d mortpllp� Insuranc� at a oondkbn of makhp tho ban securod by thla
<br /> ' Security Inatrument, BoROwar shaa p�y the pr•mlum:. ►cQuErcd to maintnln the moAgegq hsurans� h ottaot. If, lor any nleon, tha
<br /> . mortga9e hsurance covenQe requlred by���hsuranca previousy in eN�eot, at�aWCOStheubeU►ntl�lly equNYlenre orthe oo9tt o .
<br /> Qoveraqe substantialy equNalent to tho moApaye e o
<br /> � Borcower of the mortpaye hsurance provbusy In oHeat, hom an artemete mortpape Insurer approved by Lender. If substnntlaiy
<br /> equlvalent morttie�e Insunnce aovera�a Is no! svailnble, Borrower eholl pay to LEUider eaah month a aum equal lo one�cweHih ot the ,
<br /> yeaiiy mortptpe hsurance prem�m behy pald by Borrowor when the Ncuranao covercpe tapsod or esased to be h eHect. Lendar wlll
<br /> nccept, use end retah these payments as �bsa reserve h Ileu of mortpage hsurence. Loss reservo paymente mey no bnper be _. , ., ,
<br /> requfred, at the optbn ot i.ender,k moAQaqe insurance covotape (In the amount and 4or the perbd that Lender requkesy providpd by , , �.`..,_,
<br /> r an hsurer approved by Lender apain heoomes avalhble and Is obta�ed. Borrowor shnll pay the premiums reguked to matntah �. ;�.�'-
<br /> moRpape Insuranco In eNeot, or to provkie o bss reservo, untA the requt6mant for mortpape Insuranoe ends In acCOrdanCe with any -
<br /> , '�� written ayrepment between Borrower nnd Londer or applbabia lnw. �,;.::•�i
<br /> � 9. 1118�1CCt1011. Lender or ks �pent may make reasonable entr�e� upon and hapaatbns of the PropeRy. Lendar shall yNe , ..u
<br /> " Borcower notice at the tfm�of or prlo!to e�hs�eotbn s�cNyhg reteonable cauae tor the hspeotbn. % '-
<br /> ;.� 10. Condem�atlon. 1'he prceseds of any eward er c1aM for damnyes, dfrect or oanaequential, h oonnectlon with any -rt-_.
<br /> condemnatlon or other takhp of any pert of the Property,or for canveyance In Ibu o(condemnatton, ere hereby asslpned and shali be
<br /> paid to Lender. ��
<br /> � In the event of a toWl takhp of ihe Propaty, the procaeds ehall be applied to the aums secured by this Security Instrument, _
<br /> whetYer ar not then due,wkh ony excosa pttd to Bortower. In tho event ot e partkl takinq of the ProRerty in whbh the taY mtrkat • N
<br /> � � .; valu� of the Property Immediatery belore the Wchp Is equal to or preater than the amount of the sums seaured by thls Seourky �: ;i_.�.L.�_
<br /> • � InsWment knmedk�toty before the tekYp, unless Bortower and Lender otherwbe ayree In wrfthp,the oums secured by thls Sscurity .,�.;J�
<br /> ' Instrument shail be reduced by the amount of the proc�ede muRplted by the tolbwhp ireotbn: (a) the total amount oi the sums �.:�:y'�:°"' -�
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<br /> :•�,:�.�,:,:� secured knmedlatety betore the tokhy,dlvkkd by (b) the(aM marlcet value of the PropArty Immedlately betore the takhy. My balance •,.;;��
<br /> , ,r _ �'"' "� shall be ptld to BoROwer. In the evmt ot t putkl takhp of the Property In whbh ths faY market vaiue ot the Prop�rty 1mrt►ed1�U1y .`v�;� ` ''"
<br /> , . � ' � betore the takhp Is less then the amount of the sums aecured trmwdi�tey before the tekin�, unless BoROwer end Lender othervvisa ,',,'
<br /> -_-__-�_,_ -- ��., y ;;��� ?. t�{�kflA AODI{Gb{6�W OU10(WISO p(OVId68� the proceeds ehall be applied to the sums secsured by th{s Security �. �
<br /> InsUumer�t�vhether or not the aums an thon duo.
<br /> I}the Property ls abandoned by 8orrower, or R,after notice by Lender to Borrower that the condemnor of�ere to maka an awud or
<br /> � settte a otalm (or damapea, Borrower teils to reapond to Lender wkhin 30 days after the date tAe nottce ts plven,I.ender Is nuthorizeA
<br /> , � to colieat nnd eppy the proceede,at Rs optbn,ekher to rostoration or ropalr of tha P�apeAy or to the sums secured by thMS 3ecurky 3 ;-
<br /> � InsWment,whether or not then dua. �
<br /> �� Unkaa Lender and Bortow�r othwwFs�wre�h wrilinp, onY �DP�fcatbn of procoeds to prtncpal shall not extend or postpons the �s, , ^
<br /> ' �� due date of the monthy paYmmte rehrt�d l0 1n pueprmPhs � end 2 or chcnge the tmount of such paymente. � ?�_
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<br /> 11. Borrower Not Released: Forbearence By l.ender Not s Wetver. Extensbn or «e �rne ror peym�nt or
<br /> • ����;` modNicatbn o}amoRiratbn o!th�sums secured by thfa Securky Inatniment pranted by Under to eny succesaor h ht�rsst of Bortower
<br /> shell not operata to reletso tho NabWry of the oripintl Borrower or Bortowars suaeessoro h Interest. Le�d1r ehdll not b�roquYld to
<br /> commence proceedlnQ�ipafnst my auccessor h hterost ot reTuse to extend tlme tor payment or otherwise modxy amoKir�tbn of the _.
<br /> sums socurod by thfs &ocurky In�Wmant by reason ot tny de+mnd madr by the orpinn� Borruwer or Borcaw�a succossors h ��
<br />�'`� , Intereat. My forbwrnnce by Lender M�xaroiatnfl anY ripht or nm�dy sh�N not b�a waMnr of or proclude tM axe�cfs�ot any ripht or
<br /> _, � ,,,.� remedy.
<br /> 12. Sucoessora end Mslqns Bound; dolnt and Sevenl Llebliity; Go-al�ners. Th� aovenanta and
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<br /> aqrooments of thls Securky Inewmait shUl bad and ban�Ht th�aucassore 4nd ass�yna of londw and Borrower, subJect to tha �_ -
<br />����, provbbna of pam9raph 17. Bortow�f�cov�nante and tyre�rtNnts ohall be Joht and s�v�aL MY Bortowor who co-sgns thls Securi�r
<br /> instrument but does not execute tlw Note: (a) b ao3ipnlnp thb Securlty Instrument onry to mortpaqe, pront, end convey that
<br />- Borrowart Interost tn tho Proparty undor Ne tams of thb S�curity InsWment;(b) H not personaly o�lipated to pay tho sums eocured = _- - �_�_
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<br />=� � by thb S�ourity Instruma�t; �nd (C)Ipne! thit LsndYr and any OthYr BortowM may �pr�a t0 wRond, modlty,forbeu or mak� Yny =..
<br /> - �• � accommodntbns wNh repud to t�rtn�of thb Securky Instrumx►t or tho Not�wkhout th8 Bortowa's oonsant. `..
<br /> � -• � 13. L4l111 Chel'QES. If lhe ban aecured by this 3ecurily Instrument Is subJeot to a law whfch seta mexknum ban chuyes, :'�:[-�. s
<br /> and that law Is Ik►alry Intwpret�d so lhat tho htereat or oth�r {otn chu�es uolfeoted or to ba colfected h conneotbn whh the ban ,t��
<br />- , r, •, f;' excsed the pamftted tlmRe, than; (o)�ny tuch bcn oharpsa thaN be reduad by tho amount n�cessary to roducs tha ahtrpe to the '�°"`°""""'""�-��;�
<br /> ;';;��u��.�e�
<br /> �+a���as.,*srw:��.�
<br /> " •.�• pormkted Ilmk;and (b)any sums ntady coileatod hom Bortower whlah uccoeded pormitted Imfta wEU bo reNnded to eortower. 4endor -
<br /> m m�y ohoose to make thh rotund by roduolr�p tha prinalpal owod undar the Note or by rtwkfn0 a dYaot ptyment to Borcower. If a ..�`��f.�� �. '
<br /> = rotund reduces pnc�ipal,the reductbn wiA bs tnated as a pert�al prepaymant wkheut any prepaYment aherpo undor the Noto. ,.;.,',;��.,,,;* N•'-
<br /> �M 14. N011CCa,. My notkro to Bo►rower provfded tor h thts Sbcurity {natrurrient sh�ll ba yken by delNerinp k or by mailhp k by ;;��'e;,.q ?r'�;:
<br />- fkst class mall unless applicable law requlres use of anothe� mefhod. The notke shall ba directed to the Praporty Address or eny '�� �•4k;.,,
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<br /> other address 8ortower desipn�tea by not�e to Landor. My notke to Londer ahap ba plvon by first otnea matl to Lender's address • •s~a,�t�?;�r;�,;,�•�?��
<br /> f • ststed hereh or any other addreaa La►der deslpnatea by not�e to Borrower. Any not�e prov1dad tor h thls Seaurity InaWment ohan - -'�i-�*�a';;.' •
<br /> ..��;:E�,�;�Z-,5�i:-.
<br /> - be deemed to have beon flMen to Barowar or Lender when 9Mon Qs provided in this parapreph. : �,A r
<br /> 1b. Governinq l,aw; SCVE�abll�h/. This SaCUrky InsWment ehtll be povOmed by tedersl ktw dnd the Iaw O} the i .-...5.. .
<br /> "` Jurisdbtlon h whlCh the Property is bcated. In the svent thet any provlsbn or ckuae ot thts SocurRy tnstrumeat or the Note confOcts ,
<br /> wRh appl�able law. such oontlbt atull not atfect other proviskan8 of thls SecuNty InsWmont or the Note whtah can be glven ettect
<br /> „-- - ...�w....���..,...rw�t.�n n�nvlelnn rn m�md the nrovfsbns of this Securky Instrument nnd the Note are decinred to be cevernble.
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<br /> 16. Borrower's Copy. BOrtower 6htA be pNYn ona Confortned oopy Of the Note and uf this SeCUrity InsWmunt. -
<br /> 17.Trenster of the Property or e�eneflelei Interoit(11 BOROWC�. I} all or eny pert ol tna Property or any [
<br /> ' Interest In k Is sofd or transfared (or N e beneftatet fnterest h Borrower Is eoid or transterred and BoROwer Is not a natural person) I .
<br /> wkhout lend�s pNor wrkten cansen4 Lende►rtay.nt Ra optbn,requiro Mmedlnte payment h fuA �f e11 sums sacured by thls Securfty
<br /> - InsVument. However,thk opibn shel not be exerclsed by l6nder B exx�Sse Is prohibRed by todanl law as ot the date of thts SeCUrity
<br />- " Instrument.
<br /> ' , , If Lender oxercisas thls optbn,Lender shall elve Borrower nol�Ce of acceleratbn.The notica shall provide a perbd of not less thctn
<br /> 30 �ays hom the date the notfce b deWered or meued wkhh wh�Ch th� B9rrower must pny eil sums secured by this Security
<br /> Instrumont. If Borrowa�alls to pay Ihese sume prbr to the e�katbn ol this perbd,Lender may invoke any remedle�permkted by this
<br /> Socutky InsWment without NRhe� nolfce or demand on Bortew�r. Form aose oieo •
<br /> - Ft0Y9.LMC1(?J06) P�g�9 of 6 .. ..
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