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<br /> � . coad�4ao or ntha�t�icing'at�ny put of dje Ptopeity.or foccqnveyanca in�ien of a�i���'ae�,s��issig�od ad, ` �
<br /> : sbtH be ppd�LeAde�r ; , � � � .� , .
<br /> � Ia�e evect�.a tnlal talcing stif the Pl�opeity.ti�e piooeods.shall be apptied ta the.sw�s stdurod by this Sec�uiry . _ ..
<br /> 00 0
<br /> � {nstnm�.wsnber cr not then du�aith any exorss paid to Borrower.• In sh4 even4 of`a p�rtial taldrig of t�e�ioperty tn' .
<br /> • Mbich thc fair ai�rta vaTue of the Propeny�i�iatety before tbe taking is oqu�l tQ or gre�ter than thc amouot Qf tbe�tis
<br /> �by t�C gec�qf�y'I�m�t mm�iauty 6eRnce thrtaicing,urtk�ss Barro�ver m�d Lende�r odKrwue egc+x ia arrit�n$. `
<br /> __ - .:tne sw�c sa.�aied•by tiri�Sxvrity�s�aaii bt zeduc�d byt tbe amarmu of tbe p�oae�rts�d bY Uic foRo�v`p�g - � -
<br /> - � � `fssc[io�n::t�tbe`tont amouot of thc sarm sec�uM�{ befoie tt�talcia�divIded by tb)tbe faf�markst valne of dx .
<br /> � � � r�ny nmr,o��ay�efae ax aeag. �iuy��u�,��co a��� Ia tbe eveat of a.partia!taking a�tLe �
<br /> ptoQettjr in whiCh t6e f�ir mvl�et vxiue of the Pfopeity i�,+++P,��s*sly hefore tbe talting is less thau the amamt of iGt sssms
<br /> aawed�mapediioely�befone dMS ta�$,a�kss Borsower�¢i�eader od�ervvise aga in,writing a wtirss�pl�xMe!aw
<br />__ , ; �� P�*�P���i be applud to tQe su�nc sewrcd by this Secmity Iasumria�t vvliether o�no�tbt su�s anc `
<br /> • . If thc Prnpetty is abs�ndoned by Bormwer.or,+�afrer noace try Lender w Borrowcr tliat thc caeaem�or offc�s w make , ,
<br /> - — — an awud ur seuia a clainr for da�pages;&xrower fa�s toiespoud ru Le�er witlrin 3Qdays after tbe date�he notiee is givea. �
<br /> _- � I�der`is aud�otizad to colkct and apply thc pceooects;at its aptia�l,either to c+estmation�npair of the Propc�{y or to the `
<br /> � ` � smns saq�ed by�t6'�s Securiay Ia�t.whethei ot not t1�en due. � ' `
<br />�..• . Ualess Imda aad Bol�ower�agrre in writirtg,any`appiication of pnoeods w principal shall unt e�end.or
<br /> � pa�pooe the due date of the monthly paymeqts referred to in paragraphc I and�or change the amamt of suc�i payirieats.
<br />::.�-. 1L �nrrower NQt ltdqseA:_Forbe�rance Bg f.enaee Not.A Wiitvei Exte�on of the wne far payment or , .
<br /> = nadiftcatioo of amo�6�m of ilx sans secur�ad by this Secrsrigr iamument�by Lendet to any se�essor in inte�est
<br />-__ of Barower sha�!t�ot,op�eratc to ietesse fh4�iabilitY of the origuml Bomawer or Botmwerk suc�e.csars�interesc t,e�ier
<br />=`;�, sinit nof be requirat co canmena pmceed"u�gs.againsc�any successar�n uueresc or s+efnse w eztend wne for payment or �
<br /> - ' ' otherwis�modify aaa�tizasio�►of tLe sums seCw�ed b3►this Security Insfim�ent by ceasoi�of any demand maide by d�e origmat
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<br /> Bormwer or 6amwer�sucaessois sn�exest. Atry f�by I.��der in exetcising any tiglit or`nemedy shai!not 6e a . -
<br />- � waiver of or pioclude the eseceise of any iigM or nemedy. .
<br /> . I2. Suooe�oes aed A�s Baund;Joint nnd Sera�al IJabi[tty,Co�igners. The covena�and agc+�ueius of this °_ --
<br /> ,�; � .Soc�ty InsoromeatsdalL b'ind mtd 6euefit dlG sucoessms and assigas of Lender aad Botrower,subje,ct to the provisions of - �_--
<br /> � ., - pa�agraph I�.Hornower's oovemanis and ag�aem�r�is shall be ioiat and severs�.Arry Borroarer who co�signs this Security.
<br /> �-_-
<br /> • ' Iasondrunt but does not execute t h e Note: (a)is co-signing t his S a v{ity Iasuument only to mortgage.grant and carvey that • —
<br /> .;- � Sartower�s inurest in�e P�operty under tde tentis of this Serurity Instrume� (b)is noi persunally obI'igated to pay the sums ���
<br /> . ,:`r..- �. �by this Secwity Insuumen�and(c)aSrees that Lender and any other Bomawer may agree w extend,modfy.forbear � ����=_,�__
<br /> ' _ -.r�'�="�:-'.�� or malcc aay accamncodations with tegacd ta the terms of,this Secarity Insuument ar the Note without t6at Borrower's =-:_--
<br /> t- �'r.' ' pp�SCl11, � ' �-- --
<br />-', ' „� • 13, Lo�s CA�Itges. If the loan secured by thic Security tnstrument is subject to a law which sets maximum loan —
<br /> ' chnrrges.and drat law is finaUy intcrpreted so that tl�e interest ar�ther lam chargas wtlected or to be collected in came,ction �;�i�.z�==
<br /> �. _ wIt1�the loaa exaed the pennitted limits.then: (a)am such loan charge shaU be reduced by the amount aecessary to reduce —_.--
<br /> :�= . '�`.. tt�e c to the tted limix and(b)any sums already collected from Borrower which exceeded ued limitc will 6e �-°`_-_
<br /> � ,�a�.*.u;-,.:.:-,,;� huSe Petmi Pe�ni c.li�-;=�
<br /> �.�.��r,�.�r �to Botriower. Lertder may choasc to malce ti�is reFurtd by reducing the pri;xepal o.ved under the Note or by making a __�----
<br /> :G�'��`• `. ..�' _ direct psymrnt to Bomnwer. If a refund redaces prirnipal.the reduction w�ll be treated ac a partial Prepayment without any `�''�::�
<br />. -:�., - � , p�epayment charge undcrthe Note. . , i �:"�s:
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<br /> ,, °•- -: � 14. Nofkes. Any aotice to Bomnwer provided for in this Security Instrument zhatl be given by delivering it or by - -_
<br /> - � �.y.'� , , mailing it by Cirst class mail unless applicable law reqoires use af anather methad.The aotice shall be diiected to the Prnpeuy . . _
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<br /> � ��=-�;�< :��-T=� � Address or aa utl�er addnes.e Barrower desi tev b natire ta Lender. An natice to Lender shall be ven ftcst class . .�.;�;_f_
<br /> `;;��;'; ,_ ��`: -;::_ � Y b'� Y Y � bY . . . �
<br /> ;;� ., ,:,_f-�= mail to l.ender�address stated hemin ar any ather addre�.y L,endcr detiignates by notice to Barrower. Any notice pt+qvided fot =
<br />:� `�' -�` .-:�.:,�, in this Secvrity Insuurnent shall be deemed to have been given to Borrower or Lender when given av provided in this , - ;
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<br /> - �'�i.• .- ;� ..`' ��1.S�Governing Law:Severstbillt�. This 5ecurity Inurument shall bc gavemed by federa!luw and the law of the � ' ,:�'
<br /> ' ; " ' � °' �: jutisdiction in which the Property is located. ln,the evcnt that any provicia�t ar clause nf this Security Instrument or ihe Note f.- � _
<br /> - . � �� � conflicfs with appticable law.such caiflic�shall not uffc�:t other prov�scons oP thi�Secudty lotitrument or the Nute wtuch can "- --
<br /> ,. 'i�� . be given effect without the conflic�ing provisian. Ta this end the provisioay of this 5ecurity Insuument and the Nate are ' . " ;.
<br /> : � .. • declared to be severable. � � , .
<br /> � �- . • 16�. Horrorver's Copy. Botr�wer shatl be given one confcmned capy af the Nate and of this Security In�trumem,. - ,
<br /> .;:��-�' ' , I7. 7�ansfer o[the Property oe a&neticlal latereqt ln Borrower. If ail ar any part of the Property or any interest in
<br /> :,�,.' .�• ,, !' it is sotd or transfemd(or if a beneficial interest in Bcnrowrr i�sotd ar trnnzferred and 8arrawer is not a naturai penon) -
<br /> - ' ?' "`-� ' '. ��� without Lender's prior written consenl.Lender may,at itc optian.reyuire immcdiate p�yment in full of nll sums secured by �" °
<br /> � - � • " ihis Secttrity Ittsttument. However.this opii�n shal!not be exerciticd by l.ender if execcise i.�:prohibited isy federal!aw ac of ' � : -
<br /> • �:=�,_.;�;� .�: the dau of this S�urity Insuumen� � -
<br /> �•° ' � 1f l.ender exercise.s this option.l.ender+hall give Borrawer notice af accelerntion. The norice+hall provide a period of • . _ _
<br /> - - ����'°" � "" net fess ihan 30 days fram the date the natice is deli4ered or maited within which Bnrrawer muxt pay ult�ums secur�by thiw ,`:.�-- � -
<br /> '�'�' '� � Security Instniment. 1P Borrower fails w pay th�wc�umc prior to the expiration af this periad.l.ender may imoke any t� � _ • � �
<br /> ; ; ,'�" '�'•' � romedie�permitted by this 5ecurity fnwrument withaut furlher nrnire ar ctemi�nd on Borruwcr. i _ • .
<br />. :�' • ls. Horm�rer's Aight to Rtitaiata lf Borrower taeel�cert:tin cuttditians. Horrawer rh:�l have the dght to have '�
<br /> , %�'. . enfo�ement of this Security lnstrument discontinuecl at iu►y time prior ta thc earller af: (a)5 duyx Inr wch other periad av
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