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<br /> �116i�piid p�l.p�ier. �
<br /> M dr Irroot aP� Ioal�p d d�e PMopaty..IMep�e���lall b��ppNrd q d�+ �ana Neiwd b!i dib Saa�it�► � � �,
<br /> lacunimeqtr-wi�ethK a aat d�m d0e�witb aay eucars prid w Bamowr+r. lo die eva�t d�pnW ai�d d�e 1a ..
<br /> wnkh die r.i�mNca vvne b�ar�Nopaty iaimeai�MdY bda�'e ur ak�li eqwl a«�e1�e�au�n the.�ao�nt��rt .�� ,.
<br /> �ecwed by dds Security!�t hmnedi�tely be�1'aro the iahin�.w�lw Bm�o�rer and I.eede*adlernl�a y�er in w�itlp. � , .
<br /> _ _-- da waa socvrod b�r ii�.Soi�iity ta�ti c1u�U ha t�by d�e ess:ot�t ot t1w�p�+�muWpliei by M�e��� .
<br /> fi�ctian: (a)the oaal a�t�aiu�t af tbe sumt aeeured immediMely betae�be ut�q.divlded by(b)1Ua fiiir m�uicat .
<br /> °- .� --�`�"�'° propaty imnedi�efy befbre the�kia�. Aay batw�oa s1w11 bo ps�ild to Bwmw�er. In tbe avent of s p�td�l��of the
<br /> Frope�ty in wAk;h the fidr miulcat v�lue of the Pfiopaty immodWely betao�he a�Ci�b ks�ttua�11a�n�d liio�an�
<br /> �ecu�od immediuel9 betao the u�ti�g,unless Aarower md Londer alherwloa apeo In writiry�or unlesa �pplicable I�w
<br /> ahawicc pavidea,the pmcoed�ciuiU be appNod w the aap4�ecarod by thi�Secudty lacpun�a�t whdher ar�a1 the apm�ue
<br /> drcn due.
<br /> If the PirapeAy is aiwidaiod by Bom�wa.or if.dler notioo by Landa�to Barower tiW 1he aoaddanor dfen to m�lce
<br /> m�w�ud or settle a cl�im for da�wgea,Bamw�er fiile to tespoad ta I.ender withia 30 d�ya after the d�te tho notioo is Rivan�
<br />__ I.ender io authorl�ed to colloct�atd spply tho proceeda.su its option,either to testa�tiat or�ap�ir oi tde Pkcperiy ar w 1he
<br /> amu securod by�6�is Securlty InanmKat,wt�ether or not thm�duo.
<br /> Unless l.ende:ond Barrower otherwi�e�groo in w�il�g.any liauion of p�oceodr to prL�ipd shsJ1 not ostad a
<br /> __= poctpw�e the due daee of tbo�maa y WYmentt�efemed to in p��is 1�nd 2 ar c1w�e the�mioudt oi a�la p�y�t�.
<br /> � 11. Borr+o�eer NW . �bauance B l.aMa� Not • Wiiwr. Sxkaeio+� ot 1�e ti�ae faR �nnent or
<br /> =�` madifi�tion of a�nort�zation ofi 16e�ns securod by�s Secutity Ia�mrnt�anted bX Lendcr q aq�r saoo�sar In Mtene:t
<br /> -. of Banower shall not ape�atc W rci�se the liabiliry of tla ori�iwd 8o�to�rrer ar Bonow�rk aaooessaa i�a in�erest.l.ender
<br />--:. �a.0 noc ee reyut�cd co caranaio�procaed�ss aga�t anr sw.,:.�oi�n�c ar reRtx oo actcaa ef� fa�r�!e►e�nt or =
<br /> �.i: � otherwise modify ama�tization of tNt wms securod by lhis Sa.�wiity Iqsmiutrcnt @��+eason of�my dem�ud n�e by�hc ari�ital
<br /> • Bamwer a Bonowerh�uoccssor�aa inte�� My fabeuar�ce by Lenckr irt exencisin�any ri�ht ar�emody r�haU aot be a
<br />-- ' waiver of or preclude 1he exe�ise�6 w�q�ight or rcmody.
<br /> ' 12. Suocessorn�ad Assl�s�;Jotnt and Sever�! �L'+.�b�ity;Co-sl�nera The rnvenonts and aig�aments of IAis
<br /> .+. Security Instrwnent shall bind a�nd b�ea�e�t tAr auc�e:wts u�u a��ugns of L.rnder w�d Borrower.:ubject w t6e pnmrisions of
<br /> �q • patag�aph 17. Hormwer's covenants and�reea��►a0l be joint and severW. My Bomuwer who casi�ns this Secu�ity
<br /> `k_„ I n strument but daes not ezxute the Note: a�r a5 c��aai�eg�on;:s Sccuriry tnsaumenc onty w mongage,�e ana canvey�ha�
<br /> ' Bonower�s interest in�Fre Property undef ttie t�Qens�ff ti+is Secwr,iry�Irawmenl; (b j is nat personally obligAted to pay�he sums
<br /> � ,r",.� �ecurcd by this 5ecurity Insaumeat;ae:d(c)a��ses ttu�t Lender and any other Borrower may agrce w exta�d.modify.forbear
<br /> _ • �'�'"'�i or make any accommod�tions with �tatd.to the tern�s ui'i6+ix Security Inswment or the Note wltiMwt tlut Bonowerl�
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<br /> , ��,J�.. 13. I.oaa Ciw�es. If the loan secured C�y this Security Inspument is subject to a law which sets maximum loar+
<br /> - �;r;{ cl�r8es.sud itset!nw is finally interMet��thflt th�interect cx oti�loan charges collected or w be collected in oonnocdan
<br /> �.�,'���f= with the loan exceed the permitted liani�s.then: (a)any such Ioan chuge shall be reduced by the amount ne�.�easary ta rcduce
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<br /> � �<��`�"� Ihe ch to the rmiued limit;and qbp an eums alrcad collected from Bornower which exceeded mdtted limits will be
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<br /> - � �' � • iefunded to Borrower. l.ender moy choose to make this refund by r+eJucing t6e principal ow+ed under the Nate or by making o
<br /> _.,�r ,s� , Ji�t pnyment tu Bmiowcr. If a rcfuixi reduces princfpal,thc reduction will be acutcd as n panIal p�pn}mnent wlthout any =.
<br />''''�- `t���� �;� ''• PrePaYment charge under the Note.
<br /> °_•-����. �1• ` �'•-� �'�i" ' 14. Notloes. A�y no�ice to Borrower�ao�i�:d for in this Security Instrument shall be given by de livering it or by --
<br />�� ` 'r` :�'�; ` mailing it by tirst class mail unless applicuble!aw requires use of suwther method.71�e notice shall be directod to the I'roperry -
<br />� ' � Address or any other uddresx Bomawer desig�utes by notice to L.ender. Any notice ta Le�viier shall be given by f rst clusa _
<br /> , �;`�� � mail to Lender�nddre��stated herein or any other oddress Lende�designntes by natice t��orcrcar+�er. Any notice providod for
<br /> •�� in this Security Ins�rument sholl 6e deemed tn have baen given lo Borrower ar Lender wtr�n given as provided in this �
<br /> __�.a� �ragreph.
<br /> '��" :.•�. , ,^,,,"".�,".�•., 13. Governl�Law: Severability. This Securily Intitrument xhall br guverned by federnl low art�d�he Inw ot �he
<br /> _-- `�! jurisdiction in which the Propeny is located. In�he event that nny pmvision or clause of�hi�;Security Instn�ment or the Note =
<br />_. ��"��, conflicts with applicable luw,such con�iic�ehall not uffect aher provisions af thi�Security Instrument or the Note which can =
<br /> 'Q�{� . • � " ''� be given effect without the conflicHne provisior�. 'Ib this era!t9�c provi�ic►ns of this Secu�iry Instrument and the Note are _
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<br /> �'=- - ' • declared to be severable.
<br /> �'�{��=' ' �- �.°,.,. ;„,x 16. Borrower's Copy. Borrower:�hal!'rr gdven one conformed copy af t�he Note ond of this Securi�y 1„strument. _
<br /> " •��'•� ;.• '�� '` �'� . 17. 7lransier of the Property or a Benei9atiatl laterest In�orrower. If a11 or�ny part of thc Pa�e�ay�t any interes[in
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<br /> � it is sold or tronsfcrrcd(ur if a beneficinl interest in Borrower is sold or tran�fened ao�d•B+orrower is rwi a nutural person)
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<br /> �, :!;n;;�,. ..;`��' without Lenderc prior wriuen c�H�.c nt.Lrnder may.ut its optic+n. reyuire immediAt�paymemt in full of all sums secured by _
<br /> ��.,,;: '• �'• '1d;,°y i this Security Inetniment. Howevee.thls aption xhall not be exercised by l.onder if exerci�r d;ptuhibited by federal law ac of
<br /> • ���' Ihe date of this Secudty Instrument.
<br /> �' »�„r'�` � If Lender exerci�es thix aption.Lender shall give Bomower naice of acceleration. ?lte naice Khall provide a period of
<br /> � ���'.",�v; .'�'� 1 �
<br /> � �• �?^�• '~' i•:s.,, � not less than 30 duys fram the date the nutice i�delivered ur muiled within whlrh Borrower mug�pay all sums secured by thia
<br /> '� . ��:�f�"'� � Secu�at Insuumem. If Barrowcr iailti to a these sums rior �o the ex ira�ion of this eriod. Lender ma invoke an
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<br />�rt ., . 'f��f�I;•,'ij�•�� ,rcmedies�ermitted by this Securit��nstrument withou�fuAher notice�x demand on Burrrn��c.
<br />= y� '�� -'�;���'�� 18. Borrower's Right to I�ednstnte. If Borrower meets ccnuin conditions, Borrower shall hs►ve thc right to hnve
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<br /> • ` �',�3�4-�; - , ',:�z . enforcemem ui'�hiti 5n�urily inaUui�ienl Jiu��u�iiwrd ui any ti���e p�i.�r tu thc cadicr of: (a)5 day;ior u:ch uther period ns _
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