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<br /> `' conJeuutindo�i or other Inking of m►y pml uf U�o P�upe�ly,ur fur conveynnce in Ilcu c�(conilemm�iion,nte he�cby nssiqned and "' ----
<br /> .+�'� sl�allbe pnlJ toLender. �'
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<br /> In llia evenl of n lolnl Inking u� Il�c I'�opriiy, Iha nocccd� ehull be upplled lo IItO RUI11A 6CCUICIJ I7y Ihfy Secu�lly g�,--
<br /> ' Inslruiueni,wheUier a�•nut tlicu duc, wlth nny cxcese pnli�In I�ar�uwcr. h� Iho r.venl uf u pntlinl Inking uf Ihu Ihopc�ly In � -
<br /> which Ihe foir mnrket value of�lic I'roper�y fmmedinlely befnro�he�nking Is eyunl�o or greater Ihei�the an►oun�of i6e sums
<br /> �secureJ by lhia Sccurity Inslrutnenl innue�lfn�cly bcfore Ihe�nking,unless Horrowcr and Lender o�herwlse agree in writing, -
<br /> llie smns secureJ by ti�is Secu�ity Instrumenl shaU bc reJuced by Uu nmounl of�he praceeds mulliplled by �he tollowing �
<br /> �� frncllon: (n) Ihe tolnl amoun!o(Ihe sinns sccured lu�medintcly bcfore Il�e Inking,JlviJeel by(b)llie falr murkct value of tlic —
<br /> f� 1'roperry imnudintcly before lhe laking. Any b�dnnce shnll bo pniJ to 13oirnwer. In �he event of a pnrl(nl tnking uf�hc
<br /> Property In which ll�e [nir mnrket vnlue of�hc Properly Immedintely before the laking fa lesa Il�an the amount of Ihc gums
<br />_ aU►erwise�p�u Idzsl U�e p�oceeds sl kll bc op�Ilc Ju�thc a uns�sec ued by d►is Sccuri yr IICISII'U UG'llil1Wl ClI C�O�IIAI IIGCSIbiI11SIi�1►C _
<br /> � I�IC11�UE.
<br /> If Ihe Property Is abmiJuneJ by Dorrower,nr i(,af�er notice by Lender�o Iio�rower tlmt Ihe canclemnor o(fere�o mnke
<br /> nn nwnrd or se�de o clnim Car damngea,Uon�ower�ulls to respund to Lendcr wl�hin 3U dnys nfler Iha dnte Ibe nolice ie given,
<br /> LenJer is nulhoriteJ to collect nnd npply Ihe proceeds,at f�s op�lan,eitl►er�o restornUon or repnlr of�he Property or Io Ilie —
<br /> •� sums secureJ by thla Security liislnm�cnl,wh!:�her or no�then clue. _
<br /> Unless La�der nt::!L'�rtoxcs oiturwise�gree in writ6ig, any np��licnllvn of proceede to principal eliull nu! exlend ur
<br /> ,� poslpoi�e ihc Jue dn�e of U�e mmuhly paymen�v rcfe�red lo in pnrngrnplis I und 2 or chnnge the amounl ol'sucli pnyinenia. p
<br /> ll. Uurro«•cr Nul RclenseJi ['orbenrnnce Uy l.ender Nut o Wc►iver. Bxlenslon of the tlme for pnymcnt or =
<br /> �noJificntion of nmoilizmlou uf U�e sums secured by this Securlly Instrumeul grnnled by LenJer to nny Successor b�6Uerest �,�
<br /> • of Borrower slmll nut operale lo relensc tl►e Ifnbility of lhc originnl Rorrower or porrowerh successore in inlerest.Lender
<br /> shnll not 6n �a uireJ to couunence proceecliuge ngnhis� nny successor in inleresl or refuse lo extend time for pnymenl ar --
<br /> ! othcnyfsemodl�y amor�lzntion of the sums sccured by Ilifs Securl�y Ins�rununt by rcoqnn of nny demand mnde by the uriginnl
<br /> [3orrower or Ourrower's successors in inlerest. Any furbearnnce by Lender fn exercising miy right or renudy sl►nll nol be a
<br />- wniver o(ur�tteclutle tl�e exe�cise c�f nny riglil or renieely.
<br />� ' l2. Successare nnJ Asslgns Ilow�d;.I��Int nnd 5evernl l.inbllllyi C:t►•signere. The covenante nnd agraments of Ihis _
<br /> - — -- - -= Sccudty l:stsuln�s:l sl�nl!I�ind nnd benefit the succesaors nnJ nssigns of Lender nnd Ronawe�,aubject to U►e provisiunt of __
<br /> ' FlA(OBIA[lIl I7.Rorrower�s covennn�s nnd ngrecnuuls sBnll be Jaint mid severnl. Any l�ottowe�wi�o eo-eigna ii�is SccUi{iy
<br />- • I�:siruntem bul does not execute lhe Note: (o)is cu-signing�his Secu�ity Instruntent only lo morlgage,graut nnJ convey Ihnt
<br /> ' Borrower5 in�erest in the Properiy under tl�e�erms of�hfs Security LisuUmcn�; (b)Is nol personally obligaled to p�y Uie sums u
<br /> ' secureJ by this Securi�y li�st�umenr,nnd(c)ngrees�hnt LenJer nnd nny other I3orrower mny ngree to extend,moJify,forbear
<br /> ' or ntake ony nccommodntions wllh regnrd �o �he terms of�hfs Security ins�rument o� Qu Note wlUiout Ilmt Roirower?s
<br /> consent.
<br />' 13. LoAn C6arges. If the lonn sccurcd by ihis Security Inslrumari is subject lo a luw whicl� sets nmximum lonn
<br /> ' charges.�nd that law(s tinAlly interpreteJ so thnt�lu fnierest or oUier lonn chnrges collec�ed or to be collecteJ In cannectfon
<br />- •• � witl�the lonn eaceed the peruiilted Iimi�e,11�en: (n)nny such loim ch�rge slmll be reJuced by Il�e amounl necesanry ln reduce
<br /> , . the d�argeto the pemiitled IDnll;and(b)noy sums nlrencly collecled from l�urrower wiiicl�eaceedeJ pennUleJ Iimil�will be
<br /> • refundeJ lo�oirower. LenJer may cl�oose to mnke Iht9 retw�J by reJucing Il�e�rincipnl oweJ unJer llu Nute or by mnking n
<br />-� . . direcl pay�nent lo Dorrower. !f n rc(und reJucee princtpnl,the reJuclian wlll be IrenteJ ns a partlal prcpnyment wtlhaul miy
<br /> • � prepc�yntent chnrge under tlie Nute.
<br /> , a' lA. Nolicee. Any notice Io Dorro�ver providcJ for in Uds Securl�y Ltstrumeut shall be given by delivering II�r by
<br /> innU(ng i�by firet cinsa mail unless n�plicnble lnw rcquires use af nnoU�er meUwd.71ie uotice ahnli be dlrecled lo Ihe Propetty
<br /> ". " Addreas or auy olher�ddress Borrower designnles by notice to Lender. Any nuUce to LenJe�shall be given by first cluss `.,
<br /> ° mnil lo Lenderh adJres�alaled he�ein or�ny othcr ndd�ess Lcudcr Jesignnles by nollce to Dorrower. Any nolice provlded for ��
<br /> ht Ilds Securiiy l�wnument ahnll be deemcd lo hnve bcen givcn lu Dorrower or Lcnder wl�en glven ns pmvlcled in Ihix r
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<br /> 15. Coverning Law; Severabllity. 'I'lils SecurUy liistrument sbnll be govcnteJ by�ederal Inw nnJ Uic inw of ihe `.,
<br />:_ jurisJictton in whtch Uie Property Is locnted. In U�e even�tlint any provision ur clause of�his Security instrument or�he Nute �
<br /> � -• conllicts+vith applicuble law,such confllc�shall no�nffec1 olher p�ovislons n!this SecutUy Inslrumenl or Uie Note whlch cmi
<br />' be given effect whhout ihr.conflicting provisivn. 9L tiiis enJ tlie provisfons of this SecurUy lnstrumenl nnd ihe Note nre E.
<br /> declareJ�o be severable. -"
<br /> 16. Onrrower's Cupy. Dorrower shnll be given une confoimeJ copy of Uie No�e mid of lhis 5ecuriry Inslrumem. �",`�
<br /> ' 17.7Y�ansfer uf Uie Property ur n Ilenellclid Interesl In Uurrower. If nfl or miy pnrt of tl�e Pmper�y or nny itncresi In
<br /> it fs solcl or Irnnsferred(or if a beneficinl inleresl In Bonower Is solcl or Irnnsferred nnd Dorrower is nol n nnwrnl pertion) .____
<br /> wiihout Lender's prior written consent,LenJer mny,nt i�s op�lon,rcquiic iinmeJin�e pnyrnau iu full o(all sums secured by __ _
<br /> this Secud�y Instruniant. l lowever,this option shall nol be exercisecl hy Lender if exercise Is prohibiteJ by kJeinl inw c�s of __
<br /> tlie data of tl�i�Sccurily Inslrumem. '�``���::
<br /> IC LenJer exercises thts option,Lender slinll give Bor�ower notice of nccelerntlon. 'I'he noQce shnll provide n peric�d of
<br /> not less 16an 30 days from tlie dnte tlie notice Is delivereJ or mnileJ w4hBi which Dorrower must pny all sums secured by llds
<br /> Sccurity Instrument. If DoROwer tnils lo pay thcsc sums prior to thc expirnlfon nf�his period, Lender mny invokc nny
<br /> reniedies�ermiueJ by Q�Is Secwiiy Insliu�uent without furlher nntice or demnncl vn(3oriower.
<br /> i I8. Ilurrnwer's Iilgld lo Itcinslnlc. If Dmrower meels ccrinin candlllons, Uuirvwer slmll hnvc Ihe if�hl lo luwc
<br /> � � enfurcenuut of Ihis Securfty instrumenl dlscoulinued nt nny Iime prior to ihe enrlfer of: (n)5 clnys(or sucii nlher perioJ ns
<br /> Slugle 1'nnd1Y-•Pnnnle�1ndl�rcdJle 111nc UNIFUR�1 INS'I Itll�ff?N'1'..Unlfornt Coveunnu 9/90 (/mge��JA/r��ur�l
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