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<br /> r � b�iqR Of O�ICrlibBa Of�I�['OF tbE�O�lf[' �F.O[f11C�y�%1R�Ot0�1E.�LO���1��.
<br /> � s6au ue p�io t�der.. � < .< , ` . ,
<br /> - � � Lz�e<evcnt af:mtal tdn��af the P�v�ty.���be`applied�ib d�e•sWns ae�vted by tbis S�aaruy .. �� •
<br /> � � �t.,�br noc a�aue.with�ny expess �Bo�raEwe��Ie dre eve�t of r pa�at micirtg�ot,he�tapect�►m � , �
<br /> , � wh�h t6e fai�rr ma�t+et vah�e'of tba Ptnp�e�ty imme&ately lbt�a+e tbe taluag�'is e�at W or gre�per thm the amwntoi die su�s
<br /> socanad by this Se�urityJas�nrmant umn�suIy tiefor�e tbe tairing.unks4 Bo�eower aad I.ender adteta�ise agt�ee'in vrTitina,
<br /> the�ms�red b�r this�e�ucicSr Inssm�at s�tl be.�ad�by d�e���f tba�[ooeats mu�ie�bY�he fa�ov�eS _ . `
<br /> � -- fract�on: (a)dic,tatai�nau�t of tLe sams seatted m�mediatety bet`one tbe talnng,�nr'idecl try�6�tLs fth m�tcet vstue�tbc _ �
<br /> . � �P�Y,�Y k�'��tbe bi3n& ItnY bq�lance a1i�II Ue Peid ts Bonovirar. In t�eve�at af a paarai twk�g of tbe� .
<br /> Pmperty m which th fair mariceE vaiue of tht Ptopaty immedi�ely bef�e d�e'd�ing is�es lhnrt d�e�no�mcof the smas _
<br /> sxoiod�mmediately befone the taltiug,unless Boimwer and i�end�r ctf�wise agroe,m wrItiag or mDess�ptirabk�fsw • .
<br /> , ott�e�w�e p�ovi�ies,tLe pio�oas s1�aH�s�prio�oa die�seau+ed by�is�ocn�ity tas�mie�v�er at not dr mms a�a
<br /> • ff the Fio�ty is abandoned by Ba�wer,ar i�afOdr aotice bY t.ender to'Bortowrer tb�d�e catrdanaot offers tp mdte
<br /> aR awand ar sdIIe a claiiq for dart�agac.Ba�rowet fa�s to t�spond ou i.e�deF widua 3Q ds�(s�&ar die d�c dK notiqe i�pva�, . ,
<br /> � • Lender is auth�ize(1 to collat and appiy th�pmueetls.at its a�on,eitl�er ro�storition a.repa�r of the prope�tyr or to t6e
<br /> - � anns s4cu�ed bY dus SecuritY insuume�t,wt�dhu or aat�bai due.. �
<br /> �
<br /> ITnlsss Lei�der and Bomovrer otl�eswLsc agroe in ar�tue8+�9 aPP��of P�'OC�LO P��ll not extead or .
<br /> __= , poa�oue dn dae d�eof dsc moaWY paYments refared tain�1 aad 2�cfiange the amamtof such psyrr�sts. ,
<br /> _-- 11. Bo,rro�er Nat ltetaaed; Foebeara�ar Ey I.e�der Not � Waiva: Exrarsian of tMe ltitue fa psymeat or
<br /> =_ . � �fi�aon of aa�or�o�of ak sw�s secare��a�ia sec�►tn�mc�mca by�f�d�w any si�essor ia i�� .
<br /> -_ of Barower shall nat oper�e w release ti�e Tiab�7'rty of t�e a�ginat Bonower or Baemwer's aucc�s.sas in i�est.I,ender
<br /> �" ' slraii aQt bc ioqaued to oommenoe psoceedi�s ageinst anY s�aaessor in intet+est or t�asa to ex(end�timse`fut p�yment c�r
<br />�n� wlxcwise modify amort�tion of the sums socurrd by this Security Insw�ent 6y reason of aay demaad made by the origi�t .
<br /> =- . Barmwer�or,Botiuwa's successars in intenst My farbeatanoe by Lender in exercjsing any right oc Rmedy shall not be a., :
<br /> — waiver of a�r precWde the exericise of any rigftt or ie�tkdY• • � ' ,
<br /> Ib S�smd A�Banad;Joint and Several i.iaeiiit':Co�rs. 1]�e cavena�rts m�d agca�rnems.of this
<br /> Securlry�t simll bind and benefit the successors and assigns ot L.endcr and Borrower,subject w tbe provisions of
<br /> parag�aph 37. Borr�wer�eoves�nts m�d�+�me�ah�it fie jojne a�d srveeaL My Bor�ver wdo co-sigm.►thia Seauity
<br /> Insumnent bnt does nut execute the Note: (a)is co�signing this Security liutrameat only to moagage,8rant and convey d�at
<br /> Bonower�iraerest iir the Pmperty under the cem�s of this Securiry Insuumenx (b)is aot persm�aUy obligaud to pay the sarns
<br /> ~_ secv�ed by this Security lasdument;aad tcl agnees tbat I.ender and any�her Borrower may agt�e to e�cte�d.t�d�fY,forbear
<br />- ,�._:-'-.;. _ .
<br /> ..y-�-�¢.,,,�z_ . or malce any accommodations with regazd to the terms of this Security lnstrume�tt oc the Notr without that Bormwer�s
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<br /> l� La�e Char�es. If thc toan secuted by thu Security Insuument is subjoct to A law which sets maximtim toan
<br /> ��� cs.and that taw ls finall mte reted so that tlu irtoer�st or other loan charges collated or to be coqoctod ia cannecrim
<br /> . 3�.:�_..,,��,� clmrS Y� rP st �
<br /> • with We loan excced the pemritted timits.ihen: (a)any suCh laan charge shall be teduced by the amoum necessary w radwx
<br /> � -�,•.�.,.-� the charge to tt�e permiued limi�and(b}anY sums atready collecsed fmm Bomnwer whid�exceoded permiued limits will be
<br /> .; ` �::5��.�t��� refundedto Barrower. Lender may chnose to malce this�fand by i+educing the prittcipal awed under the Nae or by�palcing a
<br /> � �'��;�,',,'�,':, tirect payment to Bo�rower. If a refimd reduces principal.the reduction will be treated as a partial piepayment wrthout any
<br /> ="���'•;,-�f .: —
<br />" ;�,,tx. p�epaymem charge under the Note. . =-
<br /> - ' �'='`"� ` 14. Notlees. My notice to Borrower provided for in this Securih Insmrmeat shall be given by delivering it or by —
<br /> ��'�•"a;�° '��,.t� � mailing it by fir.st class mail unless applicable Iaw requires use of another method.'ilie notice shall be dicected to the Pmperty ' =-'��_
<br /> � ��� �-� � ' " Address or any�ather address Borrower designates by notice to Lertder. Any notice to l.ender shaU be given by first class ��.�-��
<br /> •:;r:�.�r_';. :.p,;��:,. .
<br />_ r. mait to Lender's•addtess stated herein or any other address txnder designates hy natice�to i8ocrower. Any aotice provided for �,,-�-_,_
<br /> ° �''�' in this Ses�rit Instrument shall be deemed to have been iven to Borrower or Lendcr wl�en ven as vided in thia
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<br /> �a;::;.�_._ •.�':,�: . 1S. Governing l,snw,Severa6itity. 7'his Security Jnstrument shap be govemed by federal taw and the taw of the . � _ ':�r_.�_
<br /> � :� '-';.. . - juri�on in which the PropeRy is tocated. In the event tMat any provisio�t or clause of lhis Sectuiry lt�stcnment or the Note � - -
<br /> -. eontlicts with applicabte law.such conflict shall nat affect other pravisions of thi4 Seturiry ln.cmiment or the Nou which can • __.
<br /> � ��.,;,�..',� : �. � . be given effect without the canflicting pravKian. To this end the provisions of this Security Instrumeni artd the Note ure - `.�� :-
<br /> -� . , , ' declared to be severoble. • . .. "
<br /> v�,. :,� , '. 16. Bormwer's Copy. Horrower shail bc given one confamted cupy of the l�tate artd of this Security Inswmen� ,.•„� '
<br /> , 17. 7lranster at the P�operty ot a Hen+eficial lnterest in Barrower. If atl ur any part of the RvpeRy or any intere�t in• ' '�?��
<br /> - � � i t i s s o l d a r t r a n.s f c r r a i(o r i f a b e n c�c i a l i n t e r e s t i n B o r r o w e r i s s o l d o r t r a n�f e r re d a n d B o r r ow e r i.g n o t a n a w r a l p e r s o n) '`•` '�
<br /> t.�,:
<br /> - � .��� . wiihout lxader w priar written con�ent.Lender may.at its aptioa.reqnlre immediatc payment in full af ali sums secured by -_- _
<br /> _ ;�;:..,;, ,.• ' this 5ecurity fartrument. However.this aptiort shall nat be exercized by Lender if exercise is prohlbited by federal law as of
<br /> • � ;� • the date of this Secudty'lavtnimen�
<br /> r � If Lender exeniwes this optian.Lencier chalf give Borrower notice of suceterstion. The notice shall pcovide a pedod of .
<br /> :____ :�,;_�. . . .- .___ noi less than 3U ds+yti irom the date Ihe noiice is delivered or maited within which Borcower must pay all sums secutrd by lhis . .. _.- _
<br /> : � ' • St�curity Instn�ment. If Horrow•er fails to pay these wms prior to the exp�ration of this period.Lender may invake any ,
<br /> '`•"' � ' remedie!�pem�itteA by this Security lnstrument witfiout furthsr noticc or demand on Borrower. - • '
<br /> - •,;,. : 18. Bo1'ruwer's Right to Rda4tate. If Horrower mcets cerisdn corniitioav.$orrawer�haU h�ve the ri�t to have "
<br /> - " ��' .� � enfarcemcrtt of this S�xurity tnstrumcnt diu;�ntinttcd ut:u�y Iimr pri��r w the earlier af: (a)S days(or such other period a4 . .
<br /> ,. , .h'irtgk Namiiy•-tLnek MadFrMdk!lfae Utilf'UJtM iYSTRUHFNT--Unifurm Cavrnantt 9/9s I/wgP 4 nJ6�gts!' ._ --.
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