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<br /> �1�.�80�G11�t�1C�[E�,�1�L Ci jf[�Oq Of�E1l�Eis If IDO[L�C It�OC^„^�,_lln.lbC�09��fOC!�� � "
<br /> ., •f�L�.lOdlC �)�idld�s1�lifa��►�Cl�Ei'�1��IOCOn1�5�E�7S�O�IID�.BOfRV1�Ct i�'�.,. �
<br /> th�pmniums reqni:ed tb m�raia mdztg,a�+e i�ae in effa�.or to provide a loss tesecva uatg the reqii�erit for aap�t�e
<br /> � i�ianoe euds in a000�danqe wiQt any`.w�iamsgneemmt 6et�vau Botrawer and Imder'or�plica6le law. " ,
<br /> " ! i�tib�.I.eoder oY its agau'mry maloe ras�hoable a�ries e�poa aad�iaspecti of tbe P�aty.��sE�1 give ,
<br /> ' `�ona�rer naticz at ti�e time of or prI+or,tu m inspaxion s�acifyin8�le c�nse for ffie inspxtia�n. . . �
<br /> _ • � ` 1�Coad�euptio�,The p�ceeds of aay awatd ar cl�fin far d�s,dimxt ar oa�sequead�l. in oomeetiob wi�su►Y .
<br /> oaidea�tion or oiber tatting o�anY.P�rt o,f tt�e BmQc�ty.or for aonirry�uoe u�tiw of om►3�,a�e lisds9�8��- . :
<br /> � shalt bC paid to L,drder. ° . � ` ` . �
<br /> In the eva�t of a tnt�1 taldng of tbe Froperty.the pnnaeeds shaA be appTia�"tathe smws seau�eQ by tdis Soairiry Instn�meat, `.
<br /> whather or mt tl�du�with aBy exoess p�id to Borrower:in the eveac of a pott'r,d,micing of fhe Ptiopaty.in wttid�tbe:fair .
<br /> � < < market vahx of ibe PtopaEy imnarediatdy before Ehe talcing is equat to u�grcater tl�an ihe amount of tbe stm�.ser�ne�-8y this
<br /> 5avrity tasfiruma�imiue�ately before We ta�i.ag.uN�Botmwer aad t.ender atberaise�agnx'in wriat�g,ibe s�s secaie�b� ,
<br /> � lbis SecaritY,t�Omau.s6af1 tle ee�oed�by t6e au�ount pf the P�noeeds m�ItiPlied�►Y liie•�o�owin8 f�(�tht toW .
<br /> aosannt of.t6e au�s seaued immed'i�ely befo�the talnpg,divided bp(b)tl�e fair macloet Yaive of the P�u�rty m�odi�eJy, ' -
<br /> b4fore the micing..My balanoe sh�il be paid m Bormv►fer.In tAe,event o�a p�ti8!'tatia8 of the P�+uperty in ahich the fair
<br /> � �.market value of tl�e�m�erty immod�tely befor�the.taldng is less than tlfe amouru of tl�e samc saure�immod'�y befon tbe .
<br /> miobg,w�less Bonower ana I.aWer otherwise agne�n wr;ting or untess appli�6te tacv«i�erwise provide.s.the prooaes�u
<br /> be applied W tbe sums secured by tbis Saairity�ent vvtxt6er or not the sums ate tben dac.• , - � .
<br /> . . , I�the Pmptriy LS ab��do�ed�sy Bar�ower.oi if.at�er tatice 6y leader ut Banuwer tMat the aondea�or offas to maic�� -
<br /> - � swxd or settle a claim for damagrs, Barrower faiis w t+espoid w Lepder aritlun 30 da�rs atber tbe date the notice is giyea�,
<br /> Isroder is a�lwrizad to collect And apply the pii000eds,at ii§uption,eitherta�rion or�epair of the Pmperty or io tbe soais '
<br /> socun7d 6y this Socarity Inurtu�ent,wlkther or not then due. �
<br /> `. � unle�L�ender and Bormwer aherarise agrae in writing, any aq�licalion of proce�eds to priacip4l sbat! not eateM or .
<br /> _ postpone.the dne date of the monttily payments refcrred to in paragraphs 1 anti 2 or cbange tde amouiu of sucb payments.
<br />- _ _ Il.Ba�sa�veR Nut Rs�:Forbe�rance BY.1,a�Not a Waiver.Exceasion of the time for paymeat or inodification -- --
<br />- -- of ainortrration of the sams secured by this Security I�x.m granted by Lender ro any suoces.cor in interes!of Borrawer s1raU
<br />- not opefate to release the liabifity of the original Borrawer or Borrower's suooessois in iptecest. Lender s6aU oot be required w
<br /> commenoe proc�ediags agaiaa ar►y saooessor ir�jnterest or refusc to eatend time for payment or otlxera►ise modify anwrti�ion �
<br /> - -- — of the swns s�hy this SecurIty Inswmeat by reasoa of any demand m�de by the unginal Borrower or Bormwer's
<br /> • snccessors in interest.'Any forbeatance by I.ender in exercising any right or r�,nnedy shall not be a waiver of or pieclude tIn
<br /> eueirise of any right or�emody. ' �
<br /> .. 12. Suooessois arid A�Bourtd;]oint aad Several Lia6ility. C.o�ignees. The covenants and agreements of this
<br />- Serufity tastiument shall bind and benefit the��ars and assigas o�Lender aad Bornniver,subject.to the provisions of
<br /> paragraph l?. Borrower's covenants and agreements shali 6e joint and several. My Borrawer who oo-signs Wis Se�vrity .
<br />- - --- Ins�ment but does�t exetvte the Note: (a) is co-signing this Security Ir�strument oniy ta,mactgage.grant and wmey ihat
<br /> - . BorroweYs interest in the Property under the terms of tl�is 5ecurity Instrument;(b)is noe peisonapy obligated to pay the sums
<br /> •��;w seouned by tbis Security Insuument;aud(c)aSrees that Lender and any other Bomawer may agree to extend.modify.fot6ear ar --
<br /> ne
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<br /> �«�- make any accommadations with regard to the terms of this Socurity I�uuument ar the Note without that Borrower's consent. _-
<br />- s_. 13.Loan Ciw�ges.lf the laan secured by ihis Securitjr Insuumem is subject ta a!aw which sets manimum Ioan charges. ;,,�,
<br /> and that!aw is finaUy intecpreted so that the interest or ather loan charges collected or to be ooliected in connection with the —_.
<br />_ loan exceed the permitted limits.then:(a)any such taan char�e shall be reducod by the amount n�essary to reduce the charge o=---
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<br /> to the pe�mittod limit:and(b)atry sums alrcady collecced from Barrawer which euceeded permitted limits wifl be rcfunded to ��__
<br /> _ :�-=��'-";>{��: ' Borrower. Lender may c600se to malce this refund by reducing.the principal awod wder tfie Nota ar by makiag a direct _; �'
<br /> �•*r'��.�'��`�`_�' paYment to;Borrower. If a refu� reduces prituipal. the reduction will be treated as a partial prepay�nt without any • ' �
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<br /> ?3 ,�. ., � ..-~ FrePaYment charge under the Note. _ --
<br /> ; ��'::?^,.,: �' 14.Notic4w.My notice to Borrower provided for i�this Security Instrument shap be given by delivering it or by mailing
<br /> z�.��,��_` �� it by first class mail untess applicable law.m.quires use of anather methad.'fhe�mtice sha11 be dirocted to the Property Address '.;;�_
<br /> �;���_�.:: or any atl�cr addre.s.s Borrawer designates by nod¢e to I.ender. A�yr notice to l.er�der shull be given by first cla4s mail to ��-„-:
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<br /> _ •,`:---_°;'°� Lender'a address�tated herein atany ather address Lender desip�ates lry notice to Borrower. A�r noticc provid�d for in this ``= ,�_
<br />_ �+i°"_�;' , Security la�trument shali be deemed to have bcen Siven to Borcower or l.endcr when given as providcd in this paragraph.
<br /> '-``' lS.Governi� I.�w: 5eveeability. This SCC11�Ity IIISINt0001 Sha11 be gmcmed by fedcral_law and the law of the
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<br /> �`�' • °-c jurisdiction in which the Properiy is 1c�cated. ln thc event that any provision or clauxe of this Security lnstrument or the Note • ,
<br /> - :.� _. .' cqnflicts wiih appllcable Iaw,such canflict shall not affoct other provisions of this Security Msttument or the Note which can be : �
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<br /> +i�a��.� `� given effert withont the oonfliMin�prmision. Tu this ertci the provisions of thiti Security lnstrument and thc Nate are declared :
<br /> ���� , to be severable.
<br /> - �o�t�;�, � ,. 16.Borrower's Copy.Borrowcr tihall be given nnc canfurmcit�ropy af thc Notc und'��f tl�is S�rurity lr�sirument.
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