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<br /> � _ _- -- _� :.��:.mnatlan ar athcr talxfnt et'an;gs�c Qt'sl.r P�og..-:�s�;.or fcr coavcyartee in Ilau of conc!�n�►��Mn.�rc herel+y aa�i�trd otM �---
<br /> �II be pdd to Lepde.r.
<br /> _ In Iha ovent of �tou�l t�ng of thc Prnpeny. Ihe pr000eds shall he applied ro the sum.s recurcd by lhia Security —
<br /> � � Insuument.wpether or nd thai due.wi�h Any eacess paid to Barrower. in tfrc event of a p�rtiAl taking of the Peope�ty io
<br /> -;,� ` 4' which thc fuir market value of�he Propeity immediately befae the ta�;ing is equal to or grcatcr than�he amount of the sums —�
<br /> ''' �ecuted by thic Securi�y Inctrument lmmediAtely 6cfore 1hc talcfog.unless Borrowe�wid Lernier Whenvi�a�rce in writing, =
<br /> �he sums socurod by ihia Securiry Instrument �hall be rcduced hy the amaunt af the prorceds multiplied hy the fallowing
<br /> �; , ` frxtion: lA)the totol Amount of the sumr socuned immediately bcfore�he taking.divided by tbl tha fair murka valuc af�he `
<br /> � ;� Praperty immediately befixe the wking. Any bAlana shall be pAid to Bormwer. In the event ai u purtial taking of thc ___
<br /> � : PmpeRy ia which�he fai�mwket vulue of�hc Property immediately bePorc thc tuking is IeRa thon the nmount aP thc sumx �F;�
<br /> securcd immediately 6efon thc tnking, unlexs Somawer und Lende�otherwise agrx in wri�ing or unless upplicable luw =-
<br /> _ '�i h' �; otherwl�se providcs,the pir+oceeds shu�l be apPlicd to the sums secur+ed by this Secud�y Insuument whcthcr or not the aums w+B �
<br /> _.—�.:,c,�r�.:r: �'1�� �hen due. ��.
<br />-_y=�,���:�»_:��: :-�,fr. �f�he piropeny is at�:u�doned by Borrowcr,or if.atter notice by l.ender to Bomower that 1he candemnor offers la makc
<br />_—_—�'�'r:.;L��'�.�%'t;�;G.� u�award ar settle a claim for d�mages.&xrawer fails w respon�l to Lender within a0 days utter�he ds�le tha naice is given.
<br /> �`'��''•�`°�, Lender is uuthori:ed ca callect ond apply the p�oceeds,at it+optian,eilh@r to�woration ar�eQair of the Prope�ty or ta�he
<br /> �na- •::_
<br /> - ==�ja.�-- - - sums secuncd by thi�Sccu�iry Insaumen�w!►ether or nol thrn due.
<br /> a`'"�`"� Unless Lender ucid It�otrowe�othenvise in writin an r I�cation of ra�eeds to nci st�all aot extend or �°`
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<br /> postpone 1he due date mB�t:he monthly pnyments rcfemt.�d to in puragrap!►s I w�d 2 or ctuuige�he amouat of sueh�aym�ts. �a!'`::
<br />_-�j�� ll. Borro�er f.�t 9teleaced: Forbearaaoe �y l.endeo Not � Walve� Extc�ion of the time fvr Fw►yment ur ��i,!�.
<br />;--�� maditicutnam df ari�oraazAaian of the sums secured by�his Securi�y Insuument grnnted by l.ender to any suceessrnr in intem�t =
<br />..,;�;;, of 9om.me�stt:t4!rr.X e+�►ernte M rekA�the liahilitv of the orieiR-rE Borrower or Bonower3 successors in interest. Len�r _ j�
<br />_,,: � .,`',,a;+�;_t.��° shall nat Fc mquiredl tc�rammence proceedings agh3ast any successor in interes�or refuse t�u extend time for payment�rr �,-
<br /> ` "?� ` athervviso tea�di�y nmew�r�iY niion of the sums secu►ed b�,aae�s Securiry Instrumeae b};�ason of u�y demund muw:b�the originat t��-
<br />�-�a ' .r�� .+ sorrowe�oc Bnrrower��t+ccessors in interes�. An�• i�.�mbrarance toy(.ender isa e�.ryrising any�ight or rem�d;� shA01 not be A ��'�r;�.
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<br />-.�:�. � . .•waiver c►B4�e��realude t6e exercise of an;�:�ght orremed!'• �;,;{�,
<br />::;{` 12. S�acirs.�o�x smd Assi�ns BatuaG;Jolat apai Several l,irab9ilty;Co-signers. The c�,*t�nun�s and a�eementx ot�ahu: . ",
<br />':;��• :, Scuurity E�:.trument shall bind and b�nefit�the su�cPSSOrs and assigns of Lender and Bonov�.�e,su�+ject ta thr provlsion.�,��: ��:
<br /> ' . � parngraph 17.Bortower?s covenant�oncl��reemen�s aflall be joint and several. Any Bortqµer who casegns this Securi�ty •
<br /> °"'�' lauwment but daes nat execute the Note: (a) is cc�-silnin this Securit Instrumept onl to m� a e t ind conve �hat 'g**i,,,�'-''
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<br /> �;���"?�i�.:, Harrower's imerew in the Property under the terms ai�hls Security instrument; (b)is not perscana7ly obligated ta pay the sums �
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<br /> '�� ���� , , securec!b}•this Security Inswment;and(c)agrees that l.ender andl any other Borrower muy Agree to extend,modify,forbear �.,
<br /> �^��+ �� "�i� �"� ~r or moke a�y a�:commodutions wi�h regad to the tem�s of this Sceurity Inshumant or the Note without that Borrower's . �.:
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<br /> .:� �z ;i;i= :��,,-° 13. Lo�n Ci�A�es. if thc loan sccurcd by shis Srcarity lnst�mcnt is sub,�GCt ta a !aw which scts maximurn loara
<br /> .��"• f�i�ti.;, ,,M.,• charges,ond that law'is Pnnally interpreted so thot the interest or other lonn charges collected ar to be collected in connectbn ��•
<br />•'`''�� �Y;'{;��' ' �*��mined limits,then: (a)un such loan char e shal)L+e ieduced b the amount neces to reduce -
<br /> 'ur' � ,`.;'` �, �*'�.�':•` • wilh the loun exceed�i�e Y � Y �5' ,;;.--
<br />-':�X:' `•'j� 1 a '�• the charge to ihe p�rrnitted limit;suwt(bl any sums ulready collected from Barrt�wer which exceeded pertnitted limits will be ��-
<br />.`?;�;ti�� �� =�•'.'' rcfund�J t���a+w•tr. Lender may chnc�.e to rnake this�fund bp rzducing�he principal owed under the Note or by making a ��
<br />:��r7; ' ����i� . Jircct pu�.m�►eni to Barrow�er. iP a rofu�tu rcJu�es pri�kiEwi,ii�e�Cdu�liu��will bv'GC.aI�3 a�a�cital p�psy'tfstitt tritfiout ar.e ��r
<br /> �� ,`,.� � PrePaY�n�chnrge a�nder the Note. -,FT-
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<br />_,, .� �cs�,�},�} � 14. Notices. �ny notice�o Barrnwer provided for in this Securiry Instn+ment shall 6e given by delivering it or by 'i's.-
<br />:`�c�,.� �l�i'��f :.,�;�,;Y muiling il by first class mail unlecs upplicnble law rayuires u�:e of s�nolher mei'hal.The notice shall be directed to the Propeny ���'
<br />'�`-'•'�' �c Address or any other uddress Borrower de,ignetes hp natice to l.ender. Any notice to Lender sh�ll be given by first clnss
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<br /> a�;,f;,� ,j�;; � t;,ti, .;,,� muil to Lender's uddre�s s�uted herein or uny other address Lendrr clesignntas by notice to Borrower. Any notice provided fur �':':
<br /> ;,};��y4��;f _ „ in this Securily Instrument shull be dcemed to have 6een given ta Borrower or Lender when given u. provided in �his �'
<br />-%ni: 1�;;fc r. ' paragrnph. �s;�-
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<br /> �,'4�;;:<, I5. Governiag I.�w;Severability. This Security Instrument ,hall bc governed by fedeml low nnd the luw of the rY:
<br />=:r:_ , ;'�s.':� • ,.:^ jurisdiction in which th�Propeny is I�uled. ln the event thut any provision or cl:�use of this Security Instrument or the Note ��;_:--
<br /> �'`v '�;�,"Y ,�...,,,. ,, contlicts with upplicnble IAw,such c+�ntiict shall not uffect other pruvi.ions of this 5ecurity Instrument or the Note which can �-:
<br /> , ' �,�r:: . ' : `�' :; be given effeci wiihom thc conflictin�provixion. To�his end the pruvisions of lhis Security Instrument nnd the Note are ��_
<br /> ' ; .,..'C=�h �� declored to be x:vemble.
<br /> �'� `''•` � , '• !6. Borrower's Copy. Bom�wer xhall tx:given one conl'wmed c�ipy of the Note unci of this Security Instrument. �y.i
<br /> .n�i����-.:��-:.� 17. 'llrp�ierof Ihe Pnrperly or a Reneficinl Interest in Rorrnwea If aU or Lny pan of the Pmpeny or any intemst in �_-�
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<br /> ,,,,;,� ,: • E�a' it is sold or trunxfemeJ lur iP a t►eneficial interest in Borrowcr is wld ur Irnnxfcrred and Borrower is not a nawral person) �__
<br /> ' ��• • without Lender's prior writteo consent.Lender may, at itti option,rcyuire immediate payment in full of all sums secured hv --
<br /> �'�``• ^ {''�"':�� this Security Inxt�ument. Huwevcr,thi. tion shall not be exercised b Lendr.r if exerciae i� rohibited b federal I�w a�of
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<br /> •� . •. the date o�i.thic Security lnstrumem.
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<br /> Ii l.enalrr exere3�ea thi�option,Lender shall give Bomower notice of ucrelemtion. The notice shall provide n period of �"'`�
<br /> , t ;.��: ,° . ��• nd les�s Ihnn 30 days tiom�he dnte the naice is delivered or mailed within which Borrower mutit pay all sum,secuned by�his �� }
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<br /> . �::" Security In.raument. If Borrower laik lu puy�he,� wm� prior to�he expirati+m of�his period, lxnder may invoke any
<br /> ' � ' .�,,�.��p,�,,..x,•` S� . r+emedies permitted by this Security Instrument wi�huu�furth�r notice or demund on Borrowcr.
<br />-��� ���,�Y•-�„ !8. !lorrower's Ri�h! to Reinstele. If R��m�Wer mect� renr�in rnnditinnc. R�iiwer tihull havc thr right to haa•r
<br /> ' �`r, ' ':�`r,":;;'�t�•``'�'' enfon:ement uf this Sctiuri� Inxtrument discontinued m:m timc rior lo the earlier of: Ia1 S da ,Wr,uch ahrr riad a�
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