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� ��15�45U� � , T�GETHER�TITH all the improvements n�w or hereafter erected an the property,and a!� easements, rights, appurtenances and rents {subject however to the right� and authorities given herein to Lender to collect and apply such rents},all 4f which shall be deemed to be and remain a part of the property caWered by this Securrty Instrument; and all of the far�going, togeth�r with said property �or the leasehold estate if this Security Instrument is on a leas�ho�d�are hereinafter referred to as the"Property". To Secure ta Lender the re�ayment of the indebtedness evidenced by Sorrower's note dat�d J[TNE 18,z�15 ,and extensions and renewals thefeof �herein "l�ote"}, in the principal sum of ELEVEN TH�USAND SIXTY FUUR DULLARS AND ZS CENT5 ��11,U64.Z5}, with the balance of the indebtedneSs, if not saoner paid, due and payab�e on MAY 1, 2U42; the payment of all other sums ad�anced in accordance her�with to protect the security of this Security Instrurnent and the performance of the cov�nants and agreements of B�rrower herein S�RRaWER��VENANTS that Borrnwer�s�awfully seized of the estate hereby canv�yed and has the ri�ht to grant and cvn�ey the Property, and that the Property is unencurnbered, except f4r encumbranc�s ❑f record. Borrower co�enants that Banower warrants and will de�end generally the title to the Property against all claims and demands,subject ta encurnbrances of record. U1�IIF�RM C4VE1�1A1�1T5.Borrawer and Lender co�enant and agr�e as follaws: i. Payment of Prin�ipal.Borrower shail pay when due the principal of th�d�bt evidenced by the Iw1ot�. 2. Borrow�r lwat Re�eas�d;Forbearance By Lend�r Not a Wai�er. Extensian of the tirne of payment of the sum� secured by this Security Instrument granted by Lender ta any suc�essv� in interest of Borrower shall not operate ta release the liabi�ity of the original Borrower or Bnrrawer's successor in interest. Lender shall not be requ ired ta cammence proceedings against an}� suc�essor in interest or refuse to extend time far paym�nt or atherwise modify am�rti�ation of the sums secured by this S�curity Instrument 6y reason of any demand made by th�ariginal Bvrrower or Borrower's successors in interest. Any forbearance by Lender in e�cercising any right�r rernedy shall not be a wai�er of or preclude the exercise of any right or remedy. 3. Successors and Assigns Bound; Joint and Se�eral Liabi�sty; Co-signers. The co�enants and agreements of this Security Instrument shall bind and benefit the suc�es�ors and assigns�f'Lender and Borrower. Borrawer's co�enants and agreernents shall be jaint and several. Any B�rrower who co- signs thks S�curity Instrument but daes not execute the Nate: �a}is co-signing thYs 5ecurity Instrurnent oniy to m�rtgage, grant and conWey that Barrower's interest in the Prapecty under the terms af this Security �nstrument; �b} is r►�t pe�sona��y obligated ta pay the sums s�cured by this SeGurity Instrument; and �c}agrees that Lender and any other Burrower may agree to extend, modify,forbear or rnake any accammadatians with regard to the term vf this Securiiy Instrument or the Note without #hat Borr�wer's consent. 4. Not�ces. Any nat�ce to Borrower prfl�ided for in this Security Instrurnent shall be gi�en by de�i�ering it or by mailing rt�y first class mail unless applicabre law requires u�e of an4th�r methad.The natice s�►ai� be directed to the Property Address or any other address Borrnwer designates by noti�e to Lender.Any notice ta Lender shall be given by first class rnail to: Department af Housing and Urban De�e�opment, Attentian: 5ingle Famil� l�at�s Branch, 451 5e�enth Street S�V, Washington, DC 20410 ar any address Lender designates by n�tic� to Barr4wer. Any notice pra�ided far in this Security Instrument shall be deemed to ha�e be�n given to Borrow�r or Lender when gi�en as provided in this paragraph. 5. Go�erning Law; S��ra6ility. This Security Instrurnent shall �e governed by F�d�ral law and the law af the jurisdiction in which the Praperty is located. In the e�ent that any pro�isian or clause of this Security Instrurnent or the 1�1ote conflicts with applicable law, such canflict sha��not affect vther pra�isions of this Security Instrument or the Note which can be gi�en effect without the c�nflicting VVe�ts Fargo Custom Partfal �laims Loan Modification Agrecment Ir�itial �. o4Z�z��?�� 3��111NN�n�1111 First American Mortgage Sirvices p�g�2