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<br /> < < ` aupddo�dmarat6ert�ofmyp�t Ptopesty, cc�qrieyaooe�n . ', `'
<br /> • s�ilbe�toLerder. � .. -
<br /> • te S�e evmt�s wt�!`tatiag o�'t6e�Ptopy�ty.tbe pcfdco�ds slnU be appli�d w tbe sums secured by this Sec�ritY _ . .
<br /> �mndot,wliether ur uat tlxa���rith�y eadess�id tn B�ower.•Itt tbt eve�nt of a pr�at miEinng af the P�upert�!in �� ., �.
<br /> which the fair m�l�et v�lne of die Pbperfy immodia�ely 6efae t6e talmig is'ary+1 m ar gnater tban t6e amount of the sums �
<br /> � , ��bY��'�Y�e�t�i�te1Y befair thc taicipg.�SS�Borta�xrer ard L.d�der odierwisa�ee in wnpng,
<br /> : . _aMe sums snx�c+edl:bY�S�refsttume�t°styan Ue rabuced�y the�of�Le Proceods�I�bY dte toUowing .
<br /> fractiaa (a)tlre mtai am�mt of tL`a swns secured'�i�iuodiatelY bet'+rr�tt�e�rg.�c�vidcd Iry t�}thc fmr martcet vahrceF ebt - �
<br /> .. � Ptopeny im�aodi�ty befa+e d�e talcing..�►uY batanae s6all be paid w Boimwer..�tn the event of a putial.talciag of the
<br /> � .Ptvpesty m wltic6 tbe fair�value of t�'Pt+operiY r�o�atelY befa�e�he talar►S is les�dran tha amauu of d�e sums` �'
<br /> - sccured minnedi�tly before ihe��unless Bomowcr and Let�ler ottiarwise agc�ee ia 1v�riting os uaiess applic�b�e!aw
<br /> odle�vtrise pm�es,tl�pmc�s sinil fiie�tp tTie�ms secu�ed by this Sqcucity Lu�em vvl�Ner 6t nat Un s�s•ac� . ' .
<br /> tUrn due. .,,. . ,. - � • .
<br /> � If tLe Pinpe[ty is a6aodonea�jr Bottovver,or if,after notice liy I,erxfer to-Bor�vwer i6at�e c�demoat offe[s co mat� '
<br /> fa sa�or seple a ciaim for�.Rarmv,�rer fa�s to tespoo�l w I.eodet witlun 30 days aftei the date the notioe is gir�n, .
<br /> � I.ender is mpborir�ed w coilect and apply_the proceetic.at its opuon,eidjer m resmration or repa"v of the Ptoperty oz w the �
<br /> sums seaq�pd by ttus Saiuity L�t,whetlxr or not'tiu�e due. . , . ,
<br /> � ` � Uakss Lender aad Bormwer oihecwis�agttee in axritin8.a�'a�ptiratipit°f P��P�P�st�att mt txuad ar
<br /> postpone the due dua of the mo�arl�t�Yme�s sefer�af m in para�aphs I ard Z or ehae�e tbe anaw�t of such pay�nts.
<br /> ' 11. �aeower Nat ltdeated; Forbdrssce By �.eader Nd a Wsir� Eatensiaa of tbe time for psymer►t or �
<br /> - mod�on of amo�tizatioa a�the.suqs securod 6y this Secu`rity In�t granted bY l.endcr to aay saoassor ia mte�+est
<br /> - of Bof�wer shail nar aperaee to t�ele�se the Galiiliry of the original Barawer ar Bartower's sua+esso�s in interest. I.endes , .
<br /> - shall not be to co�nence Pmc�e�ings�ains[a4Y�ln interest or t�eiuse to eaterid time far paYrnwt ar
<br /> � utliarv�ise nwdi�amoitizatian of tl�e s�unc secqned b�r uus Security tnanument¢y reaso�t ctf aaryr demand made by the origina!
<br /> � Bonuwer or Batawa's successas in iaten-st. Any forbeai'ance by I.ender ia exencising any rigM ar rem�dy shall not be a .
<br /> - waiver of o�P�octode tbe efiercise of anyr rigin or n�n+edy . ' ,
<br /> � 12. St�ooea�ors ard A�si�,as Baund:Jotet at��everal I�abifity;Casi�esa Tf�cavenants and a�of tNis �
<br /> _ , Security L�suumeat shaA bind aad benefit the b�rtssors and a4sigrts uf Lertder and Bomower.subject,w tbe prov�sions of
<br /> pwsgtaplt�T.'Borrower'scaverwdts and age�shallbe joint�nd severat.Ray ao�rnWer wko co-signs this Secu�ty-
<br /> , � 1nsq�nment but does not exeCuo�the Note: (a)is co-si�img d�is SeruritY Ingtrument onty w mottgage.graut a�td catvey tt�at
<br /> j Boriower3�inter�est in the Pt�nperty under d�te�rus of this Security lasuumen� Ib)is not personally o6Ggatedto pay the sums .
<br /> -_ --— senued hy this Secarity Iratmmen�and lc►agioes that Ixader and any athcr Bortawer a�Y agn�to ex[end,'modify. fo�bear
<br /> or make any accajtunodatiaas with tegaitil to the�enn.s of this Security Insuwtte�tt ar the Note vrithout that Bmtawer's �
<br /> consea� .
<br />- - Li� Las C6ar�. If the loan secured by this Security Insaument i�subject to a la�v which sets ma�cimwn loan
<br /> - cqarges.and that lavr i�finaUy interpntrd so that the inte,test or dher loan charges eoQeeted or to be coUected in oonnectian
<br />_ � . with the loan exceod the petmitted limits,tAen: (a)any such la�n chacge shali be reduced by the amount necessary co rcduce
<br /> - . the charge ta the pern�itted limi�and(b)any sums alr�adY col�octed from Bonawer which exceeded Qermitted lirnits will be
<br />_- �efimded So Bonower. I.ender may choose to make this refu�d by reducing the pri�ipal awe@ under the Note or by making a
<br />- � dinect payn�c►t to Borrower. tf A refund teduees pmuipal:the redaction will be aeated ns s paN�l piePagrt�en�wHhaut�y
<br /> . prepayrnent charge under the Note.
<br /> 14. NMtas�. My notice w Borrower provided for in this Security Inmument sfiall be given by delivering it or by , ----
<br /> mailing it hy fiist class mait untess appticabie law tequires use of a�cother method.The notice sirrll be directed to the Ptoperiy F'-"`
<br />. pdfiess or m�y otl�er adQress Borrower de5ignates by nouce w Lxnder. Any notice to Lender shall be given by firri class
<br /> otNer
<br /> mail to l.ender's address stated herein ar any other address Lender designateY 6y mstice to Bomawer. Any notice pmvided for �-`��=
<br /> in this Security In.suumem shaq be deemed ta dave been given to Borrower or l.ender when given as provided in tl�is ��-
<br /> �•,x.-T
<br /> �15�Governing Lttw;SeverabDity. Thi� Security tnswmeret shail be govemed by federal law and t6e law of the �.''
<br /> �:� �oA in whic�►the Prnperty is loaued In the event that any proc:ision or ctause af thi�Security lactrument or the Note _ -
<br /> caqflicic with applieable law.such cooflict shail nat affect other provisions of ttiis Security In.suumem pr the Note which ran _
<br /> : be given effcce witltout tlte conflIcting provision. To this end the provisians of thix Security yaKpument and the I�iote ace .
<br /> dectared w be sseveiabte. � =f�
<br /> ,16; Barrovrer's Copy. Borrower xhaQ be given one confartned copy of the Natu•rn�f�+f thix Security Inmumertt: ;` :
<br /> I7. 7tanster o�the p"ropeHy or a Benetic1al lateresl in Barower. ii'all or uny part af thc Ptopetty or any interetit in , =�_
<br /> ' i t i s s a l d o r t r a n s f e m e d(o r i f a b e n e f i c i a l i n t c r e s�i n B orrowcr i�.old pr t�nsfcRed und 8nrrowcr is not a nawral p ei!�a�) ��:=-
<br />__ witl�out Le�xles:s pdar written comen�LA�ndcr may..�t itti c�ptinn,reyuire immediate payment in fuli af aIl sums secured b y °-.
<br /> _ - thi.4 Secudty Instntment. However.thi�opticro shali nat br eaercised hy Len�kr if exrrci`e i�prohibited by federal law ati of :
<br /> � tix date of thi9 Security Inrtrumcnt. ' ' • •
<br /> - 1P l.ender exercises thiw optian.L.ertdcr tih�H gi��c�Bc+rr�nvcr n„tiCe c►f':u•�eteru�i�m. The nutKe.hal!provide a period ot
<br /> ; ..�.; nd kw.�than 3(!dryr�icwn the d:►te�he nudce iti d��li�ered or m�iled within which Horc�►wrr mu�t pry all+umr crcured by thi� *' -
<br /> _ �'� Secudty Inytntment, if Rarn+wer fJilv�tu pay �he+c�umy prtur tu�he cxpirutiun uf thiti pcfi�xi. Lcndcr muy invciRe any .
<br /> .;.° . temedies peRnitted dry this'3c��urity fnxt�x�nt witln+ut furthcr n�uicc ur Jem:u�d an Nunowcr. •
<br /> 18. Barro�rer's Kl�ht tu Rei�late, It�urtawcr mcetti�ccrtain c�mditiom. &��r+�v►r�.ri:tq have the righl to havc
<br /> rnforcement of this Securitp Imtrument di`u>ntinu�Kf ut uny�tinu pri��r ta the c:ulicr��f: In)5 d;►y�c I�rc�uch nther pert�d as •
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