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<br /> �,p�y ao b�x ife .ac d�e qK3oa af laoiia�.lt+NO�q�i�uwor aov����yw�e1N . . -
<br /> i�t!� wqriirwl prsvi�b�ia i���rwd ly[�+fwi�a 6�ooars��ihl�r�ad b ab�d.ilKa�w�t iMi�
<br /> �ia�w�i�asw�iwd rn�ii�oeq��.i ti�.t■�a yi�a#�i!�ir�serre.e�9l�C��i�t..-�_ �:
<br /> MwNMI��i��aadi�o�wi�l(4►MniMM��nt dMw�beRt�ar�r r Lw�dec ar�b M�r. . _
<br /> !.Ilr�e/iN.L�der oa W Il�t�m�io�n�rord��ri���d i�p�ctio�a�th�P�aMery.i+�r i�M/ht '
<br /> aonower�alioe�t{ib tiaae of ar piioir b�n i�p�u�oa�po�dfyia�nro�il�c�Ibr tbe irp�ttioe. ,.
<br /> l�. C�i�11M. The pooeeds ot�oy nr�nd ar ddaa for daM{a.di�x cr aopreqw�dr�ia aoaoe�xia wllY� .
<br /> �a ad�r W�iu�o�iy�et o�dN P�ape�ty.a tor oo�r�yaaa ia tM�af ao�d�da�,N��'�p a�M/�ril�1ii
<br /> eh�N be p�M eo i.cnAer.
<br /> 1�tW ewaat ot��oW tdrla�of tht Prop�ty.die p�oceed��Il be�pplied to the waan*eGprrd by thh Seautlty Ie4f+�M�t.
<br /> �al�e�or not then due. rvitY any e�wa�pid w Bono�.In tUo avaM of�patti�l pJ�af the PropeAy in�the 4ir
<br /> m�icet vBUe of the Pnopdrty iaomedLtdy ta•la.z tbe nldn�U eqwl w or��eMer du�n tbe amuum of!he weu ioau+ed by d�
<br /> Secvtity latrumant immedi�oly bdae the t�in�.nnlea AaroMer sad t.onder otl�awiwe a�nae i4 aritin�.die�una�ea�rod Sy
<br /> d�is Sav�ity Inwuman �lull be tedixed by tla anount uf tha prooeod� multiplied by 1be followiej f�ction: (�) tbe totd
<br /> a�oount of the sunu�ea�rod innnedi�ody bcfona the t�ing�dfvided by(b)the fait m�rfca wlue of tue Prop�a�ty 1ma�edi�Wy
<br /> 'before ehe Wcin�. My b�laioe tJWI ba ptid to Bomnwer. la the ermt of a paALl t�of tbe Pro�rty in wh{c6 tthse Qdr
<br /> oa�icet value af oYe Pruparty immediudy before tb tald.�is las tP�a t4e�a�oupt of the wua�ecurod imaedl�tdy betoro 1be
<br /> hiclog,unlen Botm�re+r and I,ender atliavvi�o a�tee in��iRi�ar ueia�s appllcabk law atber�vl�e povlde�,Wo prooeod��11
<br /> be appliod to the wimt securod by�hi�Sopirity Ia�bnunent�rl�ar or mt tbc�ros�to U�ea doe.
<br /> If tbe Propert,�is�6audoned 6y Borrower.or if. �flcr aotico by lsader eo B�,xrnwer tbat the miadanmor vlRie to�mke aa
<br /> aMnud or w1k a d�fm far dmm�es. Hama�er Gil� 10 respo�d w A.arles w�ithia 30 drys dlar �e d�Me Ire ootioe is�ivan�
<br /> I.eadar i��uth�rixo�i w unliod�u,d�piY�lwc pr�woodz.w ics ap[lon,dtber to tawation or�ir of t��t+opatp or oo the suan _
<br /> �eaa�ed by this Secv�ry InshtanaM.w�r or ao1 tbeat due.
<br /> Ualeas Leader md Bmrowa��agrx?in writln8. +pY �PP��� �P�'�s� Pn�iP�►�aluill aa e�claad or
<br /> po4tpone the due dato of tl�nanthly pryp�dnts iefurod w in para�raphs 1 ond 2 or dtange the�of snch pya�mts.
<br /> 11.Donowa�Not Rde�ned;Fq'ba��puoe By i.eader Not a Watver.Fana�ion of tUe time for paymeot or modificatlaa
<br /> of amo�on af tha surt�sxurod b th�x�xuriry Insuumeat ganted by L.ender w any suooes�or in i�of Hono�xer sbwll
<br /> not apaste w relaise the Ii�biUty of�odgiaal Bon�ower or Bomnwer's suooaco�s in i�rterat.l.encla sh�ll not be roquirod W
<br /> oomm�d�oe qoceedingc aigainst any cu�oessor in interest or refuse to e�ctend time for payma�t or otderrv�se modify �umo��ation
<br /> of tho sum� �cu�ed by tLls Soarity Inat�w�cnt� reason of ury drnuu�d made by �he origlaat Bormwer oF Aonower's
<br /> suocasora ia inte�est. My forbe��oe by Lender i�i exencWn�any dght or rcir�edy nbwll not be s w�iva o�'or p�ecludc.th¢
<br /> • .axa�cise of nny right or remedy. . ,
<br /> 2Z. �trc�ar�s�r! A�B,m�sd: lafai aasl 3,cvcxs! l.�yi �s�az• '!'he ra��a�x�ss of s�s
<br /> ' Secudty Lt�aument shall bind end benefit 1he succeasors and aasig�n of Lender and Borrower.�subjopt ta n�e provisiona oP
<br /> ..• p�ragraph l7. Bornower's covtt�nts atd agroemtnts shall be joint wd several. My Bormwer'who.casi�aa this Sxudty =
<br /> � Insnument Iwt does not�exswte t6e Nate: (a) is ca-sdgriing this Se,curity Insuwr�ent only to mcirtgAge.g�nt md oonvey th�t
<br /> Borrower's interest in tbe i'ruperty under the te�ms of this Serudty l�me�►;(b)is not persoreull�obltgated W p�y the sw�u
<br /> secured by this Sacudty Iastnunenr,and(c)ag��ees that.l.ender and any other Bornuwer may agree+to�extend,modify,forbear or
<br /> mako any axommodetla�as with negard to�he terms of t5is Security Instrument or the Note wilhout that Borrower's rnnsent.
<br /> 13.La�a C6ar�es. Iff the loan secured by this Security Instn�ment is subJxt to a law which sets marimurn laui chugea,
<br /> end that law is tinally interprcted so that the intercst or other loan charges rnllectod or to be rnlloctad in can�ction with the —
<br /> loan eaaead the permitted limits.then:(a)any such loan charge shall be reduced by the amount necessary w reduce the charge
<br /> w the permitted limit; w�d Ib)any sums alceady collected from Borrower which exceeded permitted Ilmits will be refunded to
<br /> Horrower. Lender may choose to make U�is rcfund by reducing the princi�wl owed under the Noto or by making a dirat
<br /> payment to Borrower. If a r�efund reduoes principnl, the reduction will be tr�eated as a partial piepayment wfthout any —
<br /> prcpayment charge under t5�e Note. _-
<br /> 14.Notkes.Any notice to Borrowcr provided for in this Securiry Instrument shall be given by delivedng it or by mailing
<br /> it by first class mail unless applirable law requires use oi another method.The notice shall be dirocted to the Property Address
<br /> or any other eddress Borroaer designates by nd�ice to I.ender. Any notice to I.ender shall be given by tirst class rtwil to
<br /> Lender's addrcss stated fierein or uny other uldreac I_ender designates by notice to Borrower. Any naice provided for in thia
<br /> Secudty Instnunent slwll be deemod to have been given io Borrawcr or I.ender when given as providrd in this paragwph.
<br /> 15.Governing I.aw: Severabflity. Tbis Savriry Instrument �holl be govemed by federal law and Ihe luw of the
<br /> jurisdiction in which the Propeny is lacated.[n the evmt that any provision or clause of this Security Instrument or the Note
<br /> canfliMS with applicable law,such mntlict shal l not afFen other pmvisions of this Security Instrument ar the Note which can be
<br /> given effect wlthout the conflicting provision. To this end the provisions of this Security Instrument and the Note are declered
<br /> to be severable.
<br /> 16.&�a�+�ower's Copy.Horrower shall be given one conforn�ed copy of the Note and of this 5ecurity Instrument.
<br /> Form 3028 8/80 �
<br /> Pp�4 016
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