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<br /> - .� � oo�ar odia a�ns��Y.P�of a�e Plropertp,cr facoavhraoce xi lieu af�oO,�fe�'�� . � � _
<br /> shall`6ep�idwl�ide�: . ` ' � - •�
<br /> ' � _ . Ta tbe eve�t of a tutai t�icing 6f'd�.Prapecty t1�t�raoeeds sha�l bif aPPi'red to dx sums•secc�ed by qus Secu�tY . �
<br /> • b�oo�t.wp�tber a not t6ea.d�e.`w�th$ny exc�.ss pwid to Bor�wtt.��6�ht eve�of A pattial taivag of�e fkopatY in` • . .
<br /> . . `,vh�s a�e 6ir nm�rtca vaMe ad ma rtogercy famt�ed►a�ely 6efoce tt��is oq�at to or gse�rs�n d�emoimE of We s�qns �
<br /> ��r d�s�Sec�aity�emmedutdy befEUa d�e s�tci�g.witess Bamwe��d Laedet qt�iv�e ag�ee m�i6utg. .
<br /> - �.tbe sa�s�try this Saaqity i�tnpa�si�t be teducc�b�#����e p�o�mW�hy dw f�. '--- -, _
<br /> : fr�etio�� (a}t1�e oa�1 amaont oftl�e smn�sec�ued`ipwnediately befone i.6e nidng.divided 6y.(b)the.fur as�v�1oe af the ;, �
<br /> . � pbaQecty ihmied�ely hefa�the dong. AnY�ial�loe s1�D 6a��ud to Bnd�awe� tn tba evrnt of s p�uu`ti�l ninng Qf d�e` ' ,
<br /> Propeity m�rhich�e t'ais m�ec vaWe of the Pkopeacy,�ly 6efon d�e tatang is lesc t4an thg�mouot.of tbe st6ns .
<br /> ' a�one3 i�mecWoety before tbr p�a.aaless Baauv�er�od Le�da atbesv�r�se xS�e in wsirin8 a w+��PPa�+�'�!. _
<br /> ` �p�oyides,dre pmceeds s'�it be�ppliod Eu tba��b3►this Seaaity Tii.unm�rnt whe�r ot dtt�he sun�atc : ,
<br /> • , ff 1Le�mpaty is ab�xtona!bY Bartowe�Qc i�after Yrot�ce bY��end�r to�arivrreF t6�-die caademnoc a�}ais to m�lca
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<br /> ' . �n awa�d or sarie a claim far datr�ages.Bormwer fa�witspond w Gender widun 30 days after tf�e d�e tbc�is,pvm; , " -.
<br /> , - I.ender is awhoti�ed w calka aad�pply 8le p�oceeds;at iLs option,eitlxr.to testoradntt ar�air of the Propeccy or to the
<br /> amts se�tued try�is Socmity Ia�t,Nrtiether or no�t tbm d�re. � � � �
<br /> " ' Unias Ip�der md Haauwer atl�envise agrae in writirzg,aoy application of.prnc�eedc�to pnlncipal sliafl ubt extq�tl or
<br /> � pnstpaie d�e dua date of tbe���o�paymeats refemed�o m puagrapL.g i aad 2 a ct�ange tlit amaait of sach�. ` �. .
<br /> 11. Borr�ower Not � 89 �de�' Not�� IR'aivn: F.x�ension o€ tl�e tar� for p�ymeat or ,
<br /> . mudifica�ion ef amorti�tioh�f the sums se�ed Try titis Secutity Inst�ument gr�ted by 3.ender ta miq�r ia intetext .
<br /> = o�Ho�tew�r sna�noc operat�e,w release me tiati;lity of,ihe�arisiQal Bomo�ter or Bonovver�s sucoess�s;,�inu,est.I.rnaer
<br /> �not be�pnnaa ta coma�ence pia�ee�ngs agai�st anY w�essor fa iatet+eu or eefusa tu extead time fa payatmt ar �
<br /> olhawise modify amora�of tbe surtis soc�aed by ttns Sacuriry�at by ieasa�of�ay demand'made by the oag'i0a1 .
<br /> � $omoiva a Barower�a successas in imens� Auy fo�bea�ance by L.ender in e�cisia8 anY ngbt or�ea�edy shaU uot.be a
<br /> . waiver of or preclude the e.�cen�ise of any right or�emody. • '
<br /> 1Z Suoces�oes aad A�Bodoid�Joist aod Sever�l LLbility;Co�pas. T�e covertants and agroements of this .
<br /> -- Sewcity 1�shall bLd and beneft the stwcessas and_assigns of I.e�uler a�Bomower,snbject to tbe pmvisions of - -
<br /> pat�aph IT.Bormcrer�s euveRants aad agneemerits shall t�e�int and se'veral.'Any�orrower who co-signs this Soc�r�y _
<br /> lnsuoir�.mt bat does nM execute ibe Nata (a)is co-signiag tWs Security I�saument only w mortgaga S�t and coavey that
<br /> Bamwet�e i�in the Ptopecty under the tenas of tltis Security UGStrume� (b)is not pasonaily obligaud to pay the sums-
<br /> _ sero�d by dris Security Ia�aix and(c)agc�s that l.cndcr m�d any other Borrower,may ag�ee to eatrnQ mocGfy,farbear �
<br /> . or make any a�nod�s with ngard to the terms of this Serunty Insuument or tUe Note without that Borcower5�
<br /> caueiu.
<br /> . 1� I,o�e Clui�es. If the loan securod`by this Security Instniment is sub,iect to s�law which sets maaimum IoaA
<br /> - chargcs.aod that law-is finally inte�pseted so that the interest oc other loan charges cottected or to be collectecl fn caonnxtion
<br /> - — with tUe ban exoeod the pem�iue�nmits.thar. ta)any such laan charge shall be reduced by the amant nocessar�►w ratuae
<br />- the�ch�e w the permitted Wait;and(b)any sums aire�dy colfectai from Homnwer which eaceeded limiu w71 be
<br /> __ n to Bormwer I.�r�ay ehoose to makc thix aetu�d by seducing tbe p�p�1 owed wWer Note or by making a
<br /> - — ---- dinct paymertt to Horrower. If a mfund reduces prinripai,tt�e reduction will be creaud as a partial ptepayment v�nthout anY .,
<br /> ! =-_— pnepayment charge under the Note. •
<br /> . 14. Notloes. My e�otice w Borrower pnovided for in this Security lnstnur�ent sball be given by detivering it or by
<br /> �`. mailing it by first class maif unless applicable law requirrs use of another methad.The notice shall be�inecteA to the Ptoperty
<br /> Addness or any otltcr addt�s Bomower designates by notic�to Lender. My notice to l.ender shall be given by first class
<br />' mail w Lender's alddnes.g stated'herein or any other address t.e�nder designates by notive to Horsower. My rmuee provtc�ed for
<br /> ln thia Se�urity lnstrument shall be de�emed to have been given w Botrower ar l.cnder when given as provided in this
<br /> •K�. ��ueing Law;Skverah�ltty. '�7�is Security Instrumem shall be govamed by federal laqr and the law of th�a
<br /> �,,?��. jurisdiction in wbich the Ptoperty is tacate►i. tn the event that any provision or clause of this Socurity Instrument or the Note
<br /> i ,g:yy r: COII�iCIB WII�i A�IICAMC MW.such crniftiet rha11 nat uffect other prwixionc of this Security in.titrument ar tbe Note which can .
<br /> 6e glven effect witMout the con�licting pravitiion. 'Ib this end the provisions of thi.s Security Instrument and the Note are
<br /> declared to be severuble. �. - �
<br /> � �� ~ 16, Barower'a Cupy. Bomnwer shall be given pne canformed copy pf the Note and of this Security lnstrument. .
<br /> �� 17. 7Fanster d the Property or a Beneflclal Intere.st in Borrowe� lf all or any part of the Property or arry interest in _
<br /> it is sold or ursmsfemed(or if a b�eneficial intercst in Borrawcr is sold or transfemed and Borrower is not a namral person)
<br /> �rithout I.ender's prior written cansen�I.ender rnay.at its option.reyuire immediatc payment in full of alf sums se�vrcd dy ' _
<br /> ' _.`�� this Securiry lnstn�ment Hawcver.this option shall m»be cxerciged by Lender iP exercise is probibited by federal law as of • _
<br /> �-'-°0�. the date of this Security In�trumen�
<br /> , �-. ••
<br /> � ..7;,= : • If Lender exen3ses this option,Lendet stwll give Borrower notice of ncccicrntion. The notice sluhll provide a period of =
<br /> �' •��•��° nat less than 3Q days ftnm the date the notice is dellvered or mailcd withirt which Borrower mu��pay all sums secured by this �
<br /> "'�` � � _,w., Sectuity lnstrument If Borrowcr fails to pay these sum� prior to the expiration of this pedod. l.ertdet may invoke any -
<br /> '� ��:.�': temedies petmitted by thig Security lnstrumem without futther natice or dem�rnl nn Borrower. —
<br /> " la. Borrower's Rip�6t ta Rdnstata If Borrowtr mee�ti reAain conditions, 8orrower xhafl have thc dght to have
<br /> �• ` ettforcement of thiy Secunty lnstrumeat discuntinued at uny time prior to the esuiier oL• (�)5 dayr+(or such otl}er period ag
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