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<br /> � 98- si�r16
<br /> time for paymrnt or�therwicc nwdify aznonization of the sums secured by ihis Securiry Instnrmrnt by reason of any
<br /> drrrund rtude by the original Barrower or&�nower'a euccessore in interest. Any forbeuance by Lender in exnrcleing
<br /> iuty ri�ht crr remedy ah�ll not be�w�lver of or preclude the exrrci�e of xny r�B�c covenuii9 and agreements of this
<br /> 12. S��ooeMOn�od Mai� �ound; Joint �od Several 13ability�Co-ti�nen.
<br /> Secu�ity Ins�nunent ah�ll bind xnd beneCit the auccesaore �nd aa�igne of Lender and Borrower,subject to the provisions
<br /> of p�rAgraph 17. Borrower's covrnants and agceements sh�ll be Joint and several, Any Borrower who w•aigne this
<br /> Socurity Itutrument but does not execute the Note: (e) ia co-signing thls Secucity Instcument �nly tv rtxmgage, grant , _
<br /> wnd convey thu Borrower's Intemt in the Property under the ternu of this Securiry Inatrument; (b) ie not person�lly
<br /> obligated to pAy the sunu secured by this Secudry Instrunxnt; and(c) agrces that 4ender'and any othor Borrovuer may
<br /> wgra to extrnd, modify,forbeu or rn�lce �ny accomnwdatlons with regerd to the temis of this Security lnstrument or
<br /> thc Note wilhout �hat Borrower's consent.
<br /> 13. I.ro�a (�str�e�. If the loan secured by this Securlty Instrument is subJect to a law which sets maximum loan
<br /> chargea, And that l�w le finclly incerpretod so th�t che interest or other loan charges collected or to be collected in
<br /> connection with the lou► exceed th� permitted limtts,then: (A) any such loAn chuge shall be reducxd by the amount
<br /> necesaary to reducc the chuge to the permittcd limit; u►d (b) xny sumg already w�Lected from Borrowar which
<br /> exceedod permicted limita wlll be nfundod to Bonower. L.ender mxy chaose to mu�ce this refund by reducing the
<br /> princip�l owod under tlu Note or by making s direct payma'�t to Borrower. If a refund roduces prii�cipal, che roduction
<br /> will be treated ws�putiel pteP�ym�cat without �nY P�P�Y�t �uge under the Note.
<br /> 14. Natfoa- Any notice to Borrower provfded for in this Sxurity Instnutxnt sdall be givrn by delivering it or
<br /> by mailin$ it by ii�sc class m�lt unless sppllcable law requiros use of ane�ther method. Thc notice shall be directa! to
<br /> the Pcoperty Addrcss or any otber uddress Borrower desigcwtes by notice co Lender. Any notice tu Lender shull be
<br /> given by first clase mail to Lender'e address stated herein or a��y other address I.ender daignAtes by no[lce to Borrower.
<br /> My notice providod for in this Security Iasuwnrnt shall be dectt�od to have been givrn to Horrower or Lender when
<br /> given as pmvidai in this puagr�ph.
<br /> 15. Gov�anin{ L�nw SevaabuuY. Ttus Securi�Y Insttumet►t shall be govemed by feder�! law and the law of the
<br /> jurladiction in whlch the Property is locatai. In the event that any pruvision or clouse of this Securiry laatnument or
<br /> the Note conflicta with Applicable law,such conflict shall not Affect other provisions otthis Security Iastrument or the
<br /> Note which c,�n be givrn effxt withrwt the conflicting provision. To this end the provisions of'this Security laatnunent
<br /> and the Note are declwred to be scverable. of the Note ond of this Security Inauument.
<br /> 16. Bor�o�►a� CopY- Borrowcr shall be glven on�confomxd copy
<br /> 17. Tr�oder of the Propeaty or i Beoefici�t Interest in�wrtoMes. Ii aii or xuy�,w��f t�c nro�.:,:ty o:°st;»�Ltrt!t
<br /> in it is sold or truisferrod (or it�beneficial interest in 8orrower is sold or unnsferred and Borruwer is not a aatur�l
<br /> petson) without Ltndet's priar written consent, Leader may�at its option, require imcnediete pAyrtrnt ia full of dl
<br /> auu� xc�ued by this Sccurity lnstrument. However, this option shall not be eaercised by I.ender if eaercise is
<br /> prohibited by federal law as of�he due of thls Sec�uity Instniment.
<br /> If I.ender oaercius this optbn, Lender sh�ll give Borruwer nodcc of acceleration. 'Ilte notice sh�ll pruvtde x
<br /> period of not les�than 30 J�rys from the date the notice is delivered or mailed witbia which Horrower must pay al
<br /> suma xcured by�his Security Imtzument. If 9otrower fsdla to pay thes� sutns pdor to tlie oxpir�tion of this period,
<br /> I,rnder may invoke u►y remed'na perntitted by this Securiry lcutrumeat without further notict ur denswd on Bomower.
<br /> 18. BatowrePs Ri6ht b Ref�te. If Sorcower meets cert�in condidons, Borsnwer shall have the right to bave
<br /> eaforameat of Qtia Secudty Iaurumrnt diswntinuod at aay time prior ro t6e eulkr of: (A) 5 days (ot such otlKr
<br /> paiod �s applic�bte l�w c►uy �pecify for reinstatement) before s�le of the Property purswnt t� �ny power of s�le
<br /> copt�ined in thi�Securicy Inetrumenr, or(b)eatry of a judgmeat enforcing this 5ecuriry Insmunent• 'fhose conditioas
<br /> yu,� tb�t Bonowa: (i) p�y� Lrnder all sums which thea would be due under this Security Instrumnt uid the Note
<br /> aa if no acceleration h�d occurted: (b) cures u►y default of Any other covenants or agreements� (o)pays�ll expenses
<br /> incurred in eafoccing this Security iastrument, including, but not limited to. reasonable attoraeya' fas;�od (d) takes
<br /> such xcion as I.ender may reasonably requin to assun that the lien of this Sexurity lastrumrnt, l.ead�r's rights in the
<br /> property and Borrower's oblignion to pay the su�ns secured by this Security lnstrument shall continue unet►auged.
<br /> U{wn reinstacement by Bomowar, this Socudty [nstrument and the obliFation� stcurod hereby shtll rem�in fully
<br /> effxtiva as if no wcceler�tion hd occurred. However.this right to ninstate shall not xpply in the c�se�of�cceleration
<br /> under paragraph 17,
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