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<br /> 9, I�pedio�. l.ender or lu agmt may m�lce rauanaWo enWca upon �nd im{�enlona of the Property. Lender ehell give
<br /> Borrowes notice�t the dme of or prior to�n intpoction cpeci{'ying rcaionable cau�e for rhe irupecuon,
<br /> 1�. Cs�dewntbw. 7tie proceed� of�ny aw�rd or cfaim for damige�, dirat or ooniequardal, in rnnnealon witb my
<br /> condannallan or other taking of any p�rt of the Property,or ior oonveyana In Neu of condemn�tion,sre hereby�saigned�nd
<br /> iball be paid w Lenda.
<br /> In the event of� toul taking of the Properry, tho proceeda�h�ll be �pplied to the sums �ecurod by this Security In�wmmt.
<br />. whether or not then due,with any exca�pald to Borrowa. In the evmt of a putjal teking of the ProExrty in which the hir
<br /> market value of ths Property immedlately before the taking is equsl tu or greater than the amount of the s�ame eecured by�hia
<br /> &ecurlty Irnwment immedUtdy beforc the aking,unlas Borrower and Lender othawiie agree in avridng,the�um��ecured
<br /> by thii Securlty Irucn�ment�h�U be reduad by�he imount of che proxedi mulUplied by the foUowing fraction.(a)�►e toral
<br /> amount of the�umi�ecure6 immediately beforo the talcing,divlded by(b)�he Cair muicet vsiue of the Property immediaaly
<br /> befon the uking. Any balance�hall tx paid to Borcower.In the evrnt of a partial ufcing of the Property in which the fdr
<br /> market value of the Property immedlatdy before tbe teking is las than the amount ofthe�ums�ecurcd immediatdy bd'ore�he
<br /> uWng,unle�s Borrower and Lcnder otherwiae agree in wrldng or unlas appllcable law oth�rwi�e provida,the procads ah�ll
<br /> be appUed to the eum��ecured by this Secudry Inetrument whether or not the eum�are then due.
<br /> If the Property is rbandoned by Borrower,or if,afkr nodce by I.ender to Bo�7ower that tha condcmnor offero to make�n
<br /> award or seWe a daim tor damaga, Borrowa fails to rnpond to Lender within 30 day�rRer the date the nodce A given.
<br /> Latder i�authorized to collect outd apply the pracatiis, at its option,either W ratandon or repair of the Propaty or to 1he
<br /> �wr►s�ecured by this Secudry Imuument,whetha or noc thrn dae.
<br /> UNa�Lmder�nd Borrowa�otherwl�o agree in wridng,any appllcadon of procada to principal�hall not exte:�d or postpone
<br /> the due date of the monthly payma�u refared to in paragaph�1 and 2 or ctunge the�mount of�uch paymmta.
<br /> 11.�m�ver Not Rekated;Far6ear�a By La�der Not a Waiver. F.xtcrulon oF the dme for paymmt or mod;tic�ation
<br /> of amortl�Uon of the�ums e�cured by tlils Socurtty Instnymrnt granud by Lender w any auxaior in interat of 6orcower
<br /> �hall not opaate to rclea:e the UabiGry of the original Borrower or Borrower i suaYSSOn in interaG Lender�hall not be
<br /> required to c�mmence proceedina�agaLut nny roacaeor in interi�t or rdLu to extend time tbr payment or otlmwise modify
<br /> amortivdon of fhe �ums txured by thi�Security inrtrument by rea�on of�y d�nund msde by 1he original Borrower or
<br /> gOtfII':'C.+�ISCCC+:SSTS St3:Slw'i:'.+'2.iiilj FBitn.aiwCiC�: t'iy i..u1�w`3n vwu�iniu�iiay ii�aii'vi iciiaa'Z'�i itiilf uiiL iic 3 i{iisi�27 vr'vT -
<br /> preclude the exacise of any right or rcmedy.
<br /> 12. Sreeta�on aad Aii�s How�d; ,1oi�t a�d Severa! I.isbility; Co-�. 7he covensnu and agreements of tAls
<br /> Securiry ln�tsument rhsll bind and ba�efit the tucoawn and aui�ns of Lender and Borrower, wbject to the provi�lons uf
<br /> paraanph 17. Borrower'a cc►venants and a�reanenu �hall be joint�nd �evrral. Any Borrower who co�i�ru thts Secudry
<br /> Imvuma�c bue does noc exxute the Note:(a) is rn•iigning this Secu�iry Imuumene only a mor[gsge,grant and convey that
<br /> Borcower'e interat in the Property under the ternu of this Secudty Imwment; (b)is not prnonally obllgated to pay the Rwn�
<br /> �xurod by this Security Insaument;�nd(c)agrea that Lender and any other Borcower may:gree to excend,modify,forbar
<br /> or make u�y accommodaGona with regsrd to the term� of thi� Security Insvimene or the Note withou[ttut Borcower's
<br /> con�mt.
<br /> 13.Loa�CWirees.If the loan eecured by thia Sxurity Imvument is eubject to a law which aet�muimum loan charda. and
<br /> that law is finslly intapreted so that the incerat or ottkr lo�n charga coUected or to be collocted in connection with the lan
<br /> exceed the pamitted IlmIts,then:(a)nny euch losn cbarge shsll be reduced by the amount necas�ry w red�ce tht charge w
<br /> the pmnitud limi4 and (b)any�ums alrcady coUectod from Borcower which exceedod permitted Umiu will be refLnded to
<br /> Borrowa. Lender may choo�e to mske this refLnd by redudng the prindpai owed under the Nou or by making e direct
<br /> payment co Borcower. If a ret4nd reduces prindpal, the reduction wiU bc veated as a partial prepsymexu wlthout �ny
<br /> prepryment charg¢uncler the Notc.
<br /> 1�.NMitxs.My aodce to Borrower provided for in Hils Securlty lnswrnent sh�ll be given by delivering it or by m�iling it
<br /> by first cl���mall wilas applicable lew requir�a use of aaod�er method.The notic� shall be direaed w the Property Addms
<br /> or any other address Borrower dalgnata by nodce w Lender. Any notice to Lender �hdl be given by firat clas�maii w
<br /> Lrnda's addra�etated herein or iny other addm� Lmder daigneta by notice to Borcower. Any nuda provided for in this
<br /> 5ecuriry In�wmmt�hall be dctimed to have been given to Bunower or LenEer when Eiven as provided in thl�par�graph.
<br /> 15.GoverNing I�w�;Seraability.This Security Inswment etiall be govemed by fedarAl law snd the law of the j�uisdiction
<br /> in which the Proper:y is located.In the evrnt that any provi�ion or clause of this Securiry Imwmmt or the Note contllcts with
<br /> appGcable Iaw,such conflict shail not affect other provi�ions of this Sceurity Insvument or the Note which can he given eftect
<br /> without the confGcting provieion. To this md the provisions of ttils Sccurity Imtrumet►t•rnd thc Notc are dedared tc� be
<br /> severable.
<br /> 16.Borrow�a's Copy.Borcower ehall bc given one conformcd copy of thc Notc and ofthi�Security Inswmrnt
<br /> 17.Tranafer of the Yroputy or a Bat'tiastl Interest in Borrow�er.lf all or any part of thc Propeny or any inurat in it
<br /> , is sold or vansfercect(or if a beneficiat intecat in Borrower is sold or transfbrced and Borcower ia not a natural pernon)without
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<br /> islnpl�Family�FMAIAIFHLMC UMIFORM IM3TRUMEMT FORM�0�2t OY/DO(P�y�1 of 1 Paya)
<br /> i MEARAlKA EC89BL Rw 08/09/If
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