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<br /> P►openY lmmedbuely' 6efaro die pJcin�. My bainue d�tll p�icfl�Butrow�x, �a I�e erp�k o�i��reQi�i��ia�of iHe
<br /> ihopatr in�rhic�l Uie t�ir nwlcet v�lue af the lRapaty innnodiMely be[ore d�e W�inj is ka dwn the�rmunt d1�tti�t
<br /> �ecw�ad inunodLlely beforo ihe taki�.�c 1lo�rorru�nd t.ender ot!►a�w�se�nee in writirr,�ar nnkss�pplicaEAe 4w
<br /> od�o p�r�des.IMa p�ooeeds�baU be applied to ihe que��eo�eod b,y dw SoMity 1�uorMO�oat whet0er�nat d�e saau�ao
<br /> dieo due.
<br /> If the Prapaty ts abmd000d by Batraw�er.ar if.afler nodce by l..ender ta Harower th�t tho oa�dennor ot�en to m�te
<br /> �a awmd or aettle a claim for dam�a.Barrower f�ila w napond W L.eoder wit6in 30 d�ya.�fter the d�ta the notioe i�given,
<br /> L�Aer is aiphodzed to c�8ect md apply tha pa000ds.�t its a�tlon.eW�er to�tor�On ar�ep�ir aP the Pmpe�ty a to tbe
<br /> auns iecwod by thL Sesudty Inadumc�t,wlwtkr ar not tl�due.
<br /> Unleae Lender uW Bonowa atbeiwlse agnx in wridng,any applic�tion of proceeds to princip�l ahall not extend a
<br /> ° postpooe the dae d�te af the momhlY payments tefc�l w in pu�plu 1 and 2 or change the anwunt of euch paymaus.
<br /> li. Bomower Nd Rdeaud; �urbeua�ee By Lmdcr Not a Walver. Extension of the tlme fa p�ymait or
<br /> modlf'cation of��ation of�he sumq aecural by this Securiry��S�ed by l.ender w any�sar in lnla�at
<br /> _ of Bartower�+oaU �ot opaate to rclease the I�ablUty of che originnl Bortower or BormwerY suooesw�a in intere�t. l.cnder
<br /> °= th�ll not I+a�ti:quited w cammrnce proceedings agdnct any cuccessor in inte�eal a refi�se w extend time fa ptyaKat a
<br /> - o�berwi�n modtfy amo�zuion of�he sums securod by thia Se�udry in�rument by reason of any dero�nd nwdc by tha original
<br /> �orrowa or Sortower�s succescors in inte�s� Any fmt�e�uw�ce by Lender in exencisinR Any�igha or t+emedy•+iwq pot.6e# ' .. .
<br /> '��;�� wAiver of or p�+ectude the e►c enise of eny dght or renaeilg. � � ' ' •
<br /> -`"`� 1�. Saoceaon aaG.�,�igne Bouadt Joint�i S��+era!Liabllity;Co-signers. The cavcx►ants�nd a�rcer�edis of thia:' � . .
<br /> •y.:a(,�� ._ � .�'•
<br /> _ �� 3ecuriry inst�urn�nt atwdi biaid and beneP�u the aucces.tora end assigna ot l.ender and HarQwer,subject w t�e pmviaiotts•uP '';•.:�.�,r�;,
<br />- .,u�rn,:. , paragrpph 17. �orrowcr'�caveraius an�f agraements shall be joint und sevcral. Any Barrdw•er w3x+co-aip�s thi�3ec�uity � �.
<br /> . -•;,:.�. , ' .Ipsdvmeqt 6ui daea�bt execute!he Note: (�)is co-slgning this Security ln$m�ment only to mortg�g�.grnnt aad conveY 4� �
<br /> -_ l9ormwer s InteresQ in ci�c Praperty under the tertns of this 3ecurity Instrumen�: (b)is not persan�Yp abligAted�o pa tbe ri� ;',�'.�, �•
<br /> - secured by thia Security Dn�.svmeM:and(c)agrees that Lender and any u1he�Barrower muy agrce lo,�xta�d.mo�li�jr,fptbe��
<br /> - =::;-�:,., rn�nake any�cccwnmac�Atim►s wlth�egsud to the temis of this Secutity lnsu'ument or thc Nou witbout.thAt �a�rowcr'� ,
<br />:•,��5iu� oons�nt. �
<br /> ;.� 13. i.oaan Ciwrges, Ii tf�e bsue s�cured by this Security lnserument is subject to a law which sets meximum loan
<br /> -- cltargcs�aad that!aw ts fiaa!!y intcrprctr:sa dzu th�.-'.e;.xt ar nsl:er loan chnrges co!lxted a so be cQ!lxtes!iss zonnectian
<br /> wUh the loan excced the permiaed limits.then: (a)any such loan churge xhall be reduced by the amount necesswy to r�edua
<br />-= the chuge w tho pemtiued limit;and(b)any sums already cdkcted from Bomower which exceeded petmitted limks will be
<br /> �funded to Borrower. Lender mey choose to makc this oefund by�educing thc principal owed under the Note or by making a
<br /> i dircct payment to Hon+uwer. If a refund reduces p�incipal.the reduction will be deated us a pnrtial propayment whhou�any
<br /> p�epayment charge under the Note.
<br /> 11. Notfca. Any notice to Bomower provided for in �his Security Instrument shall be given by deliver�ng il or by
<br /> mwiling it by fi�cla.w�maN unless applicnble law ayuirew use of another methad.The notice shall be diroctod a the Frc►peny
<br />; Addrcss or ony other uddresx BoROwer drtiign�tex by notice 1a Lender. Any natice to Lender shall be given by lirat class
<br /> m�il ro L.enderS addrexs xiated herein ur any cnher addrexti Lender dchignutcx by naice ta Borrower. Any notice provided for
<br /> in�his Securfty Inx�mment .rh�ll bc decmMl a have been given �o Barrower or I.ender when given as providal in thiQ
<br />_ P��y�,
<br /> �.� IS. Goveraing L�w; 5everabllity. This Security Instrument �hall bc govemed by kdeml Inw and the I�w of the
<br /> jwisdictian in which the Property ix locuted. lo the event thut any provision or rlau�e of�hih Security Inshument or the Note
<br /> " ;;,:.-y �•. conflic�s with upplicoble luw,such con0icl shull�ot uffect other provf�ions of this Securi�y Instrumenl or�he Natc which can
<br /> be given effect witdout the conflicting provision. 7b this end the provisions of this Securily Insuument and che Note aro
<br /> '., ",'�•fiY:• . .t' dxlaned to be sevemble.
<br /> �.=:�='��';�+�-�� 16. Borrower's Copy. Borrower shull be given ane conformcrl copy of the Note und of this Security Instrument.
<br /> '� ����'�'��'x" 17. 7hmsier of the Property or a Beneticial Interest in Borrowe� If ull�►r uny part of the Prapeny or any interest in
<br /> ,.'���:�`:,.J..� it is isold or transfemed(or if u beneficiul interec� in Bomnwer is wld ur�rumferrcd and Barrower is nol u natunl person)
<br />_� ' �b;c;_i�.,-,�:,;�•.z' wlthnw L.ender�s prior written consent,Lender mny,u1 ils optlon,require immediute puyment in full of all sums ucur�ed by
<br /> -�� �n:M• this Security Inswment. However,this op�ion shall not be cxerci�ed by Lender if exerci�e is prohibited by federal law as of
<br /> '`` � ` "u the dale of this Security Instrument.
<br />``� .. , If Lender e�cercises this optiun,Lender shull give Bc�rt�►wer notice of uccelerutian. The notice shnll provide aperiod of
<br /> �;' �r' , not less than 30 Mys from the date the noticr is delivered or mailed within which Bnrcower must pay all sums secured by this
<br /> `"'"`"' ' Secu�ity Inslrurnent If Borrower fuils to pay these sum�prior�o the ezpirntion of this period, l.ender muy invoke any
<br /> _ .. �+,;.� .
<br />- �.,.: :� , ��, remedies permined by this Securiry Ins�ruroent withaut further notice ar demund on Borrower.
<br /> ":v�.>t±x,,,:•a�l.y;� IB. Borrower's Rtght lo Reinslote. If Bi►m�wcr meel� rens�in ronditionn, Bnrrower sholl have the rigM to huve
<br /> � �%•l�:a:�;��,�'�� • ' enforcement of this 5ecurity Inslrument disconlinued al;►ny time priur to the rarlier oL• (a1 S duyti(or wch otherperiad as
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