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<br /> . � B Boirower ta�15 to P�rm the covenants and agreements contsated in .
<br /> � . • �'.�, • 7.Protectlon ot lender s RIgMa in the Property. . . -
<br /> �=•-�",�� . � this Secut3y Instrecment.or there fs a�egal Proceedm9 thet may sign�►tiY aftect Lenders rights b�th9 Pcoperty(SUCA es e pFOCead�m9 a� ,�:.c•��" .'
<br /> . , pankn+PtcY.Orobste.tor condemnaUon or torteftu�e cr to enforce lavrs or re8��ion5?.Men Lender may do and PeY tar whatever ts necessarY - .'::.c: .
<br /> _ _�c�, to Protect Ne vahie ot the PcoPenY ana Lendets�+ts in the P�opertv. Lendet's actions maY uidude VaY�9�Y sums secured Ey a G� `:_ .i ;,;_ _r
<br /> � whiCh fias P�o�Y �thls SewritY Insttumeet,aDp�9�court. PgY�B�a�la attomelrs fees and enter(ng on the Propertll to meke _.
<br /> , • - ._ repahs. ARhau9A Lender may take acUon undet this P�9�Ph 7,Lender daes nct have tc do so. Instrument. � Y • . ,-��
<br /> . My amouMS disbursed by Lender unQer this oara9►8Pfi?sha�heeome addiNorta!Qebt of Borrower seeured by Mis SeeuritY ... . ,
<br /> Unless 8orrowet aed Lend�egreo to other tertns ot paymenL th�e amounts sha0 bear interest from the tlate of disbursement at the Note '
<br /> � ` . ` ' tate and shaD be paylable.w@h tnteresG nDon noUee from Lender to Bortowet requestrt�9 DeYme�� • Y., .t:
<br /> . �c��. mswanee as a eondmon o� matcing the tosn Secuted bY ffiis SeCUtdY . °: �..
<br /> • � g. 84tortg�ge Insurenee. ir �enasr rem,�ed mort�ase ' .
<br /> � � � Instrument,Borrowar sha0 PaY the premiums requbed w maatitain the mmtgags msurance in ettect. It,ior any reason,the mortgage fnsurante . -=
<br /> �1 =--�-'� i c�ve�ge reQutred by Lender taPses or ceases to be a� effect.Borrower sAaO paY the premiums �e9uire4 to ohtam covera9s substsntiaRY ``,,•F: � ..
<br /> �".•'. `. �n at a cost subsmnt3aUY e4atvatent to the cost W 8orrower ot the mortgags ins�uance r•� _� -
<br /> <,`-. equhratent to the moRgage 6►surarsce previousN � b Lender. It substantiaty►eQuivatent moRgage tnsurance covefa9B is not - -
<br /> ; - previousN in ef[ect.from an a$emate mortgaSe ins�� y mOrt tnsurenee premBun be�9 0� Y �.. ..
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<br /> ...•i ava�7abte, Borrower shau paY to Lende�each mantt� a sum equal to onadwe6th ot the YeBM 9aS8 �,� e loss �
<br /> � 8ortow� when tha insurance eovera8e �aPsed or ceassd to be in ef[eet Lender w�aceepT. use end reffiin these paYmen r" �.,.
<br /> . reserve In Geu ot mortgaSe tnsurance. Loss resenre OaYmients maY no ton9er be�equired at the oDUon ot I.ender. d mort9�9e insuranee i,`r + . ,: •:�,,a�:
<br /> � coveraSe M the amount and for the period that LenQer requtres)Provided by an fnsurer ePProved by Lender again Decomes avaitabte and is .
<br /> x � .`. •• ob�a�ed. Borrower shaU PaY tl�e premiums requhad W mainffiin mortgago �t between 8o�rro�ixet and Lend a or applf�abt�t��w. urtG7 the ,. ,�.. ,1
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<br />- � � requaement for moRSa88 s�suranee an d s i n a c c ardance wdh anY wrilten e�en �reder shaD U u e Bortaw e r � ,
<br /> 9. Insdosct�on. Lender or its a9�t may make reasonab� entries upon and 'a�sDections of Me PropeRY• :� '-
<br /> ,r,Y.� .'"`:� notics at the tir�e ot or prior to an rt�spectton specdytn9 reasonable cause tor the Inspection. ot ConsequenUal, in connection w�1h any • :,`.��
<br /> 10. Condemnation. The proce9d5 ot any 8w8rd or ctaim for demaSes. ditect ; '�-.:-•::"
<br /> ` . � . . `- candemnatton or other tak�n9 ot eny Part of the Praperty. or for comreyence in Iteu of condemnation.are hereby essigned e�d sha��8 D�d �..}' -
<br />='n. •�' , W Lendet.
<br />.5� _ fn the event of a totai�cinS of the PropeRy.ths proceads shall Oa appl'�d w the sums s���h�e���8� �p� --
<br /> • . not then due�witfi eny mccess P�� Borrower.In the event ot a patUal taicb�9 of the ProPettY ,- --..
<br />\'' ,. •�.:.:� ., cnmsdiafeiy betore Me takin9 is equal W or greater than the amount of the sums secured by this Sacur�Y Instrurt�ent inuneEiately�efore tAe � _
<br /> � - - teMn9,unless Botrower and Lendet othervvise agree in�vrit6�8,the s��s��tiy��S�� tnstrutnent shait be reduced by the amount - -
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<br /> ' . � of the P��vah�ie o9 the Property t6nmed'aiery�betoce the�taking.Any batance shall e pa��d�to Bm°°dweteNn tl�e eve t o a Part�al�tektng ot the ;�-
<br /> z' ' � ���et fmmediatery before the takin8 t�less than the amount of the Sums secured inunediateN -� :--�
<br /> . Property in which the(aa marlcet vaNe ot the Property � '�-__
<br /> ' ' ` before the tak�g.uniess Bortower and Lender otherw(se agres�wr�n9 or untess appt'�cebb la�^+ othe^^'�se provides,the proceads shaD be V''
<br /> '� ' " L° � 8ppfced to the sums secured by ttiis SecuritY►nsuument wt+ether or not the sums ara then due. f.��
<br />' �� ' � �' If the Property is abandoned by Bortower,or d,after notice by Lendar to Boaower that the condemno►�ot►ers t�o8�e��oo�� -_.-
<br /> :''; �dd� a ciaim for�mages.Borrower faflss to respnnd to Lender within 30 deys after the date the notice is 91ven.
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<br /> • ' apDty the praceeds.at its opdon,eict�er to resmBBan or repatr of the PropeAy or to the sums secured by this Secu^'ty Instrumen�whether �-=`
<br /> -��•or not then due. ���g� �y�pp��� p�p�e�to principal shaD not extend or postpone the Que . _
<br /> � Untess tender and Bortower othenvise e9�es vrt
<br /> � dats ot the monthy payments reterred to�n para9�P�� e�d 2 or change the emount of sucA paymerns. '�
<br /> � 11.Borrower Not Released: Forbearance By Le�der Not a Waiver.6ctension ot the t�►e for payment or moEnicatton ;_�:
<br /> ,.�s; • of amortization ot the 5ums secure d by t h i s 3 e c u r�f► �+►strument granted by Lender to any successor(n interest of Borcower sha0 not o�erate �•..;,.��_
<br /> • �P ' � to retease the liabifdY ot the original Bortower or 8ortowers suaessors�interest Le�de►$hail not be requtred W commenca pracee dings - ;ti,� .
<br /> __. .� _�._ _ against any successor in interest or retuse to e�dend time tor payment or otherv+ise meddY amartimUa�af ths sums secureA by this SeCUnty �.
<br /> � � tnstrument by reason of eny demand made by the orlgfnal Bon'ower or Borrowei's successors in interest. �y foroear�ce by Lendet In Tf�-
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<br /> � exeroising any right or remedy shatt not be a waiver oi or precNde the exercise of any right or remedy. _�__
<br /> 12. Successors and Assigas Bound; Join4 and Several Liability; Co-si9nera vne eovenanes end e�reements oi ',� -�-�_.
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<br /> � this Security (nstrument shall bind and banefh the succeSSOrs and assigr►s of Lender aed Bortower.sublect to the provisbns of paraBnaDb + �. _
<br /> 17. Bortowers covenents and agreemerns shatl be Joint and several. MY eortower who castgns thb Securtty Instrument but does not :�`,.
<br /> �'��•1` � . execute the Note:(a)is�o-stgnin9 mis Securityr Insbvment ar�ry to mortgage,graet,and comey that Boaowefs interest trt th0 PrOperty urtdet .;-r��
<br /> �; ,`�'� the terms of this Security Insaumenh (b)is not persanalry obligated to paY tne sums secured by this 3ecurdy tnsbumenx and(c)agrees thal f:�;"�`
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<br /> Lendar end any otAer Borrower may agre9 to c�etend, mad'Ry, to�bear or make anY eccommodations with regarG to terms of thb Seeurty
<br /> ' ` ��?��•.' Instrument or tt�e Note w+thout that Bortoweds consenL -
<br /> • 13. 1.08t1 C�18i$68. If the loan seeured by this SecuritSr Instrument is subject to a law w�ich sets maxfmum toan charges,and that
<br /> ';� - � taw i5 fmaiy interyreted so tAat the Interest or other Ioan charges coitected or to bs colfeCted in conneatton with the toan exCeed the
<br /> _ ' ' pertnilted�units,tt18n; (e)eny SuCA(aen Ch eges h�hnexCeeded pefmitted lunits wtll be�teNndedr t0 BO Owe h�dArhtnSY Ch005 0 �718k0 �., '�
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<br /> (b) any sums aaeady coltected fram Borto .
<br />' � � this refund by reducing the princ�al ow�en`wRAOUt eny O�ePaYm�chergepundert e Note. Bortower. If a retund reQuces principel. the �
<br /> � ,,` • � reductton will be Veated as a paRial PreDaY . ����`�'
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<br /> ;;�•: 14. N041CB8. My nottce to Bonower provided tar in this Security tnsuument shsU ba g�+en by QeWering it or by maii'mg it Dy frst
<br /> ._�; ��������es5 eppiicabie law requbes use o1 another metho0. The notice shall be dUected to the Property Ad6tess or any other adQtesa
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<br /> . Borrower Cesignates by notice to Lender. My not(ce to Lender shaii be given by fust ctess maH to Lenders address stated heretn ot eny
<br /> � • � ottist eddress Lender designates by r.a:ice to Bortower. Any notice pravidea for in this Security Instrument shail b0 deemed to have been
<br /> • given to Borrower or tendet when giver►as provlded in thls pera9►sAh• . ,
<br /> • � 15. Goveming Law; Severabllity. This S9curftyr InsWment Shall be govemed by tederai law and the Iaw ot tfie lurisOiCtion in
<br /> �vhiCh the Ptoperty Is ICC2:ed• �n lhe event th8t any provisian or Clduse O}thi9 Sec+.7ity InsVument or the NOte contliCts with epAllCeb(9 law•
<br /> such contl�t shall not aNect other provisions of thls Security Inswment or the Note whicn can be gNen �gct without the conHieting
<br />, provision. To thls end the provisions of this Security Instrument 8nd the Note ere declared to Oe severabte. . •
<br /> 16. Borrower's Copy 8orrower s�all be gNen one contortne0 copy oi the Note and ot t�!is Security Instrumen4
<br /> � 17. Transter ot the Property or a Beneilcial Inte►est in Barrower. If ail or eny paA ot tAe Property or any interest In _
<br /> `<� � A is sold or Vansterced (or if e beneliclal Interest in 8orcowet Is sold or bansferred end Borrower is not e naturel person) wAhout Lenders
<br /> • . � prlor written consent. Lender may, at its opNon,requtre immediate payment in full of ell sums secured by lhis 3eaurity InsUument. However.
<br /> • '�+ this opUon shall not be exerclsed by Lender il exercise Is prohibiced by tedsral law as of the date o}this Seeurity Instrument.
<br />' It Lender exetC�ses this optlon, Lender shall g�ve BoROwer notice of acceteration.The natice shall provide e period ot not tess than 30 . . .
<br /> � days hom the dete the�otice is dei'rvered ar mailed within which the Bartower must Day ail sums secured by tAis SeCUrity InsWmont. If .
<br /> �ti: ' . ` BOrcower faifs to pay the5e sums prior to the expbation of this perbd,Lender may invoke eny remedies pennitted ay thls Security InsWmeM ,
<br /> ! without turthet notbe or demand on Bonower.
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