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200106873 THIS SECURITY INSTRUMENT combines uniform covenants for national use and non - uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real property. Borrower and Lender covenant agree as follows: UNIFORM COVENANTS. 1. Payment of Principal. Borrower shall pay when due the principal of the debt evidenced by the Note. 2. Borrower not released; Forbearance By Lender Not a Waiver. Extension of the time of payment of the sums secured by this SCCnr ity Instrument granted by Lcnder to anv successor in interest of Borrower shall not operate to release the liability of the original Borrower or Borrower's successor in interest. Lender shall not be required to core :,, Ico s i st nv a in _ . y �� i or refuse to c` :end ` r r p avn'Cnt Or OI }n%r °�y1SC modify amortization of the s-,:r.,s secured by this Sec,Ir zy i::st �.:rcnt by reason of anv dc;nand made by the original Borrower or Borrowcr's s icccssors in ir.::rest. An%- forboaranee by Lender in exercising anv- right or remedy shall not be a vyaiver of or prccnnc'.e .hc exercise of any rig':,,, or remedy. 3. Successors and assigns Bound; Join: find Several Liability; Co- signers. The covenants and agreements of this Sect:r;:.: Inszrurncnt shall hint' d -: 'he successors and assigns of Lender and Borrower. �.: Borrower's cove;:an,s and - grccments sha11 be o; nt and scv;;ral. Anv borrovycr vv ?:o co -signs this Security Instrument but does cxec.ac the Notc: (a) is co -si ;;_irs; this Sccuritv_ Instrunent on!v to mortgage, grant and convev that Borrovv'c;r's ,merest in the Proper:y t:.:...r ti;c ,sn:s of this Security Ir.strn,. :. (b) is not personally obligated to par the st..n s secured by this Sccu:it.' ins::. ,. . and (c) agrees that Lendcr and anv Borrower may agree to cx"icnd, n :od v, forbear or rn ::c any acconi nodations with regard to .lnc term of this Security Instrument or the Not %\::'rout :hat Borrowers consola. 4. Notices. .`..nv no,icc to Borrower provided 'or in -:'-11's Sccuritv Instrument shall be given by delivering it or by mailing it by f'- s- ca';! :nail unicss appiicab }e lave' re uir nse of another method. The no-:co shall be directed to the Property Address or :.ny other address Borrower dosi_:ia -cs by notice to Lender. Any notice to Lender shall be given by first class ::;ail to: Department of Housin and Urban Development, Attention: Single Family Notes Branch, 4S1 Seventh Street, S`i%', Washington, DC 10410 or any address Lender designates by notice to Borrower. Anv notice provided for in this Security Instrument shall be deemed to have been given to Borrower or Lender vyhen given as provided in this paragraph. 5. Covernin- Law; Severability. This Sccuri'y hatr,Iment shall be governed by Fcdcral lave and the law of the jurisdiction in which the Property is located. In tine evela that any provision or clause of this Security Instrument or the Note conflicts vyith applicable lave, such conflict shall not affect other provisions of this Security Instrument or the Note which can be given effect without the conflicting provision. To this end the provisions of this Sccuritv Instrument and the Note are declared to be severable. 6. Borrower's Copy. Borrower shall be given one conformed copy of the Note and of this Security Instrument. Page 2 of 3 NON - UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: