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<br /> � `�coo�tian or aher atiag of aoy pQe of a�e Piope�cy,ar�'orc�ouvey�c�u�lia+of c3noem�tiao,i�c hardry as�iaoed an�<° � . :
<br /> � .sballb4p�wL'enda. � • .
<br /> . �. � In me e�ear of a�.tct�t t�pg of the�Property:the piviceaTs sr,ait�6e ��to'the sum`s sc�nea uy tt�is sec�aitS+ . . ,
<br /> Iosa�anent.arhqha or ndt tLa�d�wit�►a�ry exoess paid ta'Sormwer. In the eve�t of a ganiai ta�ing of Jie P�opertjr in
<br /> whid�the f�ir m�rkCt valuc.of tbe Ptope�ty imme�OeilT befo�e tLe taking is ec�t to or�r d�an the ma�otmt`of�he sums ` .
<br /> :secoued blr ffti.s S�suity lnsu�mynt immMiat�ely befexe the taicieg,nnt�s�Ciuwer aa$LetKiet����& �
<br /> - ' ` $�e s�s sewiia�i by tina Sawrity iasdm�swu'-shatl be�1yy ihe'�rnotmt af�Pr+eceeds meiGpt'�ed i►Y t6c� ` - -�:
<br /> �fiacteoo: h)�wc�l smo��e o€the swns s«iu+ea�aroEu�tely lief«a d,e a�g,dividea by tb}tee tair�value af a,e. _
<br /> , .°pnapettq ieunedimiy Defoie'tbc t�lcing.' Any b�laoe�sb�li be paid to Bocmwer. Ia th�eveat of a pardal tAkiag of tbe ,
<br /> Ytvpnt�in w}�the fa'v mulcet value of tht Pmpetty�te1Y befae tbe(aking is less thart thc a�aunt 4f the sums .
<br /> so�ned�elY befone.the talring,unies4 Bonvwer wd L,eodtr otberwise agx u►wr�ti�3g oF+mles�?PPricwisle law
<br /> � ot6er�vise povides.d�e proaeds sh�lt be apQtied to d�e stims socured l�y►this Sccuntg(asw�t-�irl�aher or not du smnsene
<br /> �Ihenduc. , � •. < " , . . .. • .
<br /> _ � tt die Yi+npe�ty is a6oado�cd ffy BarROwer.or if,atYier oodc��jr La�der to 13qrmwar,tt�.tLe onndemnor ofi'ers to malr�
<br /> ' �n�wa�d a setde a claim for damages,Hoaawer fai�ta nspond to I.enAeF vin'thin 30 days after tbe dau the aotax is Eiven,.
<br /> ` L,ender is aadwtiud td collect aad applg tbe�u�eed.c.at its optia�,either,to iesto�ation o�reppir.ot tite'P►operty or w d�e
<br /> smt�eocunod by tiqs 9ean'ity�t,�I�hec or rwt tb�n due. ` .
<br /> Unks4 Leader and Bwsowa otl�ise agiiee in w�ting,'any applicau`on of prnv�eds w prirtcipal sl�all mt extend or �
<br /> postpone tbe due Aste of the monWY PaYmems refened w in paragrap6s 1 and�qr chaage�he amount of sncri paymrnts. ,
<br /> - �L.Eon+ower Not.$da�td; Forbea�a�ce<By l.ead�er Not a Waivn: Extcnsian of tbe time for paymenc or
<br />- . ` . me�tion of a�qi of tl�e sums savred by ihis Saeacity Instrunxnt giantod tsY l.ender w aay succes.tor m inte�est
<br /> _ - of Bormwer shaU not aperatt to reiease tAe ti�biGt�+of the ariginat Borrower•or Bormwer3c succ+es,wis m irte�st.i.ender�
<br /> �hali not 6e requined to oomma�oc pruoaedings against anY suc�sor in intere!�tt or cefuse w exom�d time fa paymeat at
<br /> od�avvise modify a�uordrrrlon of the sums secured 6y tlus Security Msaument hy rwson of aay demaid niade by tbe orig'�mi
<br /> Bos�uwer or Bonaaer's sn�ssors in inta+esi. Any fa�bea�anoe by Lender in exencis�n$�}'right a rertKdy shall na be a `
<br /> ` weivesaf or prod'ade the exercise of auy right or cemody. � ,
<br /> - '12. Saooea�ora aad A�Bonnd:Joint and SeverAl Liability,Eo-s�ers.'it�e covenanu and,agreanents of this -
<br /> an
<br /> - - . SecutitY Ituuutr�nt,shaU bu�aad brnefit the sucaces�ors and assi�of Lender and Borrower,subjxt w tl�e pmvrsioas o� .
<br /> - p�agwph 17.�orrower�s covenaats and agr�ements shall be jouiY actd several.My Borrower wtio co-signs fhis�avrity
<br /> o'
<br /> Insuwneett but does not execute the Note: (a)is co-sfgning thu Security(nsaument aWy w mortgage,grant and comey that � U
<br /> Boirower�intenst ip the Ptoperty urtder the tertns of this Secarity Ingtrumcnt; (b)is not persoaalt�!obligated on pay ti�smus
<br /> secured by this Secvrity Inm�nr�enx and(c)ag�ees that l.ender and any other Borrower may agre�to exund,modifj.for6ear
<br /> ' or make any mqcoirnnodations wiU►'regard w the�erms of t1�is Se,curity Instrument ar tl�e Note whhout that Sorrower�s
<br /> conseat. �
<br /> -- L� Laan ClwBes. If fie loan secured by this Securiry Insuumeat is aubject to a!aw which sets maximum loan
<br /> charges,and d�at law is finally interpneted so tf�at the itrcemst or other loan cdarges collected or to be cultected in cau�ection
<br />-: wlth the loan excoed the permitt�limits.tlien: (a)any sach loan charge shaq be reduceQ by the a�ount aeassary to nttaa
<br />'' � tbe charge ta the permiued limit;and @)any sums alceady collected from Borrower which eaebedai petmiued tunits will be
<br />_. refunde�to Barrewer. Lender may choose to matce t�is sefund by reduciag the ptipcipai oared under die Nou or by meking a
<br /> .�s: direct payment to Bomnwer. If a r�fimd reduces principal.the reduction will be ueatal as a partial y�paymem without any
<br /> '' �' P�Y��charge under the Note. . .
<br /> 14. Notias. My notice to Bbrrower provided for in this Security lnsuument shall be given by delivering it or by =
<br />� `"� _5, mailing it by frrst class mail uniess applicable law zequireau.se of aaother method.The notice shaii be di�ected to the Property �
<br /> Addtess or any other add�s.q Borrower designates by notice to l.ender. Any natice to l..ender shall�be given by first class �-
<br /> , mail w l.ender's address stated hercin or any other address Lender designates by notice to Borrower. Any rtotice provided for -
<br /> in this Securiry Instrument shal! be deemed w have becn given to Borrower or l,ender when given as provided in this =-
<br />-- P�B�Ph• - `
<br /> .. `._:_. . l5. Coverning Lsw;Sererabllity. Tdis Security�lnstrutrteat shall be governed by federal !aw and the law of the -
<br /> ��-''`.: jurisdiction in which the Property�S located. M the event ihat uny pravisian or clauce of this Seeurtty Instrument ar the Note �_
<br /> - - confltcls witb applicable law.such conilict�hall rtat atTect ather pravisioac of this Security ln.ctrument or the Nate wh3ch can �.
<br />�_ 't'`'`' be givrn efftct without the conflictirtg provision. To thic end the pravisionw af this Serurity Instrument and ihe Note are �-
<br /> ���� �r� dxlared to be sevetable. '
<br /> . ; 16� Borroxer's Copy. Borrowcr ghall be given one conformed r�py of the Note and of thi.s Security Instrumeat. �
<br /> .:"�n• 1�. 7fansGer ot the P�operty or A BeaeiletAl lntercct in Borrower. If uq or any part of the Property or Any interest in � �•
<br /> Y �.•'�'�„_: it is sold or transfeaed tor if o beneficiAl interext in Borrower is wid ar trnnzferred and Borrower is not a natural person) -_�
<br />^;� �,�;: wIthout Lender�s prior wdtten con.sen�l.ender may.ut its�ption.rcquire immediate paymem i�full of a11 sums secuned by E`-
<br /> • this Secudty tnstrumen� However,this aption shuQ not be exercised by Lender if exercise i4 prohibited by feaeral law as of �'
<br /> .•= `:x- the date of this Security InswmenL - ' �
<br /> � .
<br /> �";":�s�� If l.ender exercises this option.lxnder shaU give$orrower rtotice of sucelerntion. The notice shall provide a period of
<br /> . .�,_..,• �•.
<br /> .•. ,,„�;y. •, : '• not lags than 30 days from the date the aotice is deliveted or trwiled within which Borrower must puy ai1 sums secured by this
<br /> .,-� .. •-,,�. 5ecurity lnstrumenG lf Borrower fstilx to pa y thesc rums priar to tite expiration of Ihi� period, Lender may invoke any
<br /> neanedies permitted by this Secudty latitrument without funhcr notice or demand on 8orrower. �
<br /> I�. Borm�rer's Rig6t to Reiagtate. If Borrower mee4s certuin conditions, $orrower shall have the tlght to have ::
<br /> � �, �:,'�� , efioncement of thix Secarity lnsuument discantinued ut:ury time prior to the carlier of: (v!S cWys(or such other period as �
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