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<br /> ��..� �..n� '�- ..� .�_ `....-. . '. . .. .... . •- � -- � .. . 4.. _ . _ . .�-•- - - . ' . . ... .�. _ ` ._ '" . . .. � .
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<br /> � . � Of�S r.«����(����ww'��� .
<br /> daedeion�hoo a ad�et� ,ae�Y Prrt, �ope�tp� ,. z `.�.
<br /> aM0 de�id to.l.ender . ` � . ` .
<br /> . ` Sn tLe evedt�of s toiod hdcing,?o!f t�e Pnnp�tty,tl�e pooeeds shs�l6e ap�►lied to the`s�na4 savrad•by�tins Saaaay. .
<br /> � � L�abiome��fiatUer or oot thert due.w�cA�ezce�P�id to�awer' En Ibe tveot of a p�td�t p�g af t6�Ptapdny m, : :
<br /> ��dridi t�c fiir mr�krt va�ue of the Ptuperty�mraodiate`iq be�'ar the ti�og j�s eqwl to ur 8rcat�r thso t��unauntof tbe s�pdos
<br /> _ • .�ad.by th�s Secam'cy.Inshtimeot imme�befae the taicing,ottless E�ortowet aod Lendrr w6erwi�se agox in.writiug. ,
<br /> - a6a s!�'saew+ed by:thi�Seet�eity�s�i 6e:�odix�od by.�he�mounc nf tLe Qcooeeds m!�tiFlic�b7►.t6e.f�owin$ _ ._ _ L.
<br /> ° ° fcacdon: (a)d�e mtal amounc�me sums senuea uam�di�ety.OePone the caicin,g..aE;+idea by�tb)the wr ma�a value a�'t5e ,
<br /> PrnQaty im�r�odiatel�r Uefae�e taliiag, My bat�nce sbatl be p�d to$o n o w e r. i n tha eveat ofa.P u d a}t�n 8 of`t b C ` �
<br /> Ptippe�ty ut which dte fa�r mufcet valae of the Prope}ty u�'iaulY 6efoie dx taicing is,kss zhaut the amo�a vf thE s�s : •
<br /> • , toc�ed'a m�n e i�a t e l y 6efac�e th�p i c i a g.uniess Baiovret aad L,ender oQ�wisc�agree in writmg�nnless anp�icable la�n' :
<br /> ' •d�iv�risc p�fvW�.tha pr�o�e�s aiqi3 be applisl tv d�e s�s�au�ed b�+tfiis Sc�vnry Tns6+aner�v�b�ther ar�ot ffie swt�s•ac+t �
<br /> ' taat d4e. ` � : � .. � .. ' , , �. v . '
<br /> , `�- _ if tb4 Fc�o�tY is ai�nd+med bY Bormwer.a if.�ftar twticcbY�.ender w BarowFr tl�t the coodpmor_offers ps m�te�� , ,
<br /> an�aN ut seMe a dima for�Boaawer fails to[�spo�id w[.ender avitBiit 30�ays afat thc d�te d�e.uautae ix pvcn,' _
<br /> 1.ender is�to c�olkct and appl�t dre p�ocesds.aCits aptioe,eitLer w�storqtion ar reP�s Rf the Ptope�iy a�r w t[re '
<br /> - �secuted by this Socurity ir�suwnau.wl�tror nat�tba�duG , � .
<br /> � Unkss I.endec�aod Barrovves alKrwisc ag�ee ia aripag.any applicatian af proceods w principal s6all aa extead or .
<br /> � postpone the due date of the mmthlY PaS�ents,teferr`ed�Qin parag�tap�s 1 aih!2�ict�nge the arpount of sucb payments. .• .
<br /> ,. 11. llaet+owa' Nat, ltekatN; For6anuKS By I.esder'Not s Waiver. Extensian of the ame fo�paymenc ar .r <
<br /> . . . ma�ai of am�titatiae ofY6e sans savted vY,this Securiry tns�nanerrt granted b�r-�..endes w aay succasa�r u►iautat �
<br />-_- ef 8ormwea`st�ll nat operate to n{ease tLe liah�ity of the.original Basower qt Borrower§suocessqrs in im+�t:l,ender � , •
<br /> - aha11 not��C�N�m�°�P���'snocessor ia b�taest or refuse to•exteM t"vno fa payme6t ot ' .
<br /> uq�awise a�odiEy sumo�tizatiQn of tbe s�nns second by this Security l�nent by nason of any demand rtade bp the aig'mai .
<br /> �Boaawar a.Bormwer§suceessas in mce�st. MF fabeazanoe by Lerider ia exercising any right a temody sbalt twt 6e a .
<br /> _ waivec of ar pacludt the eaeneise of any sight or remody. ` .
<br /> `4 • ' 1Z Suuoea�ors wd A�ns Bonnd;Jdet and Sereral Liability;Co��siEnYrs: The covenana and ag�eemen�s'of Ws
<br />=� ; __ _
<br /> .Security I�at sball ba�d and benefit tfie successors and assigns of I.ender anc!Borf+ower,�subject w the provisians of
<br />-a —� parag�api� TT:Bor�ower s coveiianfs aad�agtr�man�shall b�-joirtt�d severai. Rtiy Brnmwerwho co�signs thls Seear�y _ -
<br /> -_ ! Tn4uwnent but does not axecute the Note: (a)is co-s➢SninB this Secur�ty inti�trument onty to mortgage,Srant and convey dwt �
<br />-�:1. j Borrower s intecesf in 1he Avpe�ty under the tem�s of this Sec�aity Mstr�nen��(b)is irot pencnnally obligated w pay tl�e sums
<br /> = secure�by this Sa�uity inswmen�asd(c)agc�t1�at itimder and any odser Borcawer may agcee to extend.madify.forbear
<br /> " — ' • or maloe any aarommodations with regard to the terms of tlris Security tnstrument or the Note witbout that Bormwer's
<br /> � �1�,.Loan Ch�, If the laan sacured by this Secariry Insmcment is subject to a law which sets mazimum loart
<br /> � ' charges.and that law is finatty interpreted so that the interest or other loan charges collected or to be colleMOd in connoction
<br />=- with the loan e�ccoed the pemdtted Ihnits.then: (a)any such taan c6atge shall he reduced by the amaunt�tecessaty to tiodooe
<br /> _ the�hatge w tbe pem»tted limi�.a�xf(b)m►Y 4art�s at*eadY callected from Barrower whieh exceeded pemuued limits will be
<br /> -_ refunded to 8orrower. I..ender may choose w make this rcfund by rr,ducing the principal owed w�der the Note or by malcing a
<br />: ditect payment to Bomnwer. if a t�efimd reduces principal.the reduction will6e treated as a partial prepayment�ithout any
<br /> z P�PaYm�►t charge under the Note.
<br /> - 14. Notloes. Any notice w Borrower provided for in this Security lnstrumen!strall be given by delivering it or by ___
<br /> -_;�; `� � mailing it by fi�st class maii unless applicable taw requires use of another methaf.'fhe notice shall be directed to the Prope�ty c`_
<br /> Addcess or aay other addres.s Barnower designates by rtotice ta l.ender. Any natice ta l.ender shall be given by�rst clas.c �„__�
<br /> mail to l.ender's addt+ess stated herein or any otfier address L.ender desip�ates by notice ta Borrower. My notice ptovided for �:�
<br /> ' in this Sec�rity instrument shall be deemed ta have 6een given ta Bocrower or I.ender when given a� provided in this -�r-=v
<br /> ,.:.;_--
<br /> � --_:��
<br /> • �GoverNng i.aw:Severabillty. 'fhis Security�laguument shall 6e govemed by federal law and the Ww of the , ��-�-:�_`
<br /> ``� j�uisdiction in which the PropeAy is Mcated. In the event that any provisior�or claace of this Sec�uity Instrument ar the Nate ;=-:'-
<br /> cantliets with applicable law,yuch canfliet shall not afPect otl�er provisiaac af ehis Seruriry Inswment or the Note which can ' =p���
<br />= - be given effeci without the contlicting provision. To thi.c end the provi�cions af this Security Instrwnent and the IVate are . � __
<br /> ' 'r� ' dectared w be severable. .`:'
<br /> 16� Borrower's Copy. Borrower shall be given ane wnfam�ed copy af the Nate and of this Security lnstrument. •`•�='
<br /> �=.-.�-
<br /> � , x.� ; 17. 1�anvfer dthe Property or a Benefida'1 t�terest in Borrower. lf all ar any part of the Property or any interest in •�_4'y�=
<br /> it is sold or uansfclred(or if a beneficiAl intereyt in Barrawer i�u�ld or tr.u�.�fetmd and Barrower is nut a natuml personl :� �=��-
<br /> - •' '-� ; without Lxnder's prior wriuen consen�t,ender may.at its apticm.reyuire immediute p�ayment in full af sill sums secured by - =�=-ft
<br /> �.�;'��y,;'�' " this Security inxtrttmen� However.this aption shall not be exetcised by Lender if exercise is prohibited by fe�leral law ac of •
<br />- • ' • [he date of this Seruriry Insm�men� - -
<br /> ,'.�;:�':' j / lf Lender exercises this option.I.ender s1w)1 give 8arraweK notire of ucceleretiun. The notice whaU provide a period of .
<br /> ' : { not kss than 30 d�ya from the dute the notice 1s delivered or maited within which&mawer must p�ay n11 wms secured by thrv _
<br /> , . .
<br /> . .
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<br /> .
<br /> j'r= � . . i Secur�ty lnstrumen� If Bormwer fuil�to puy the�c�ums pdor•to thc cxplruhan of th��perial. l,ender m�y invoke any
<br /> ��°�; ' r�emedies pennitted by this Securiry lastrumr.mt withaut further notice c�r demand un Borrower. �.•,
<br /> �s.�.� .
<br /> 18. Borrower's R�bt to Reinsah. If Borrower meet4 cerwin coqditionx. Botrower shall have the right to have �
<br /> •� . citforeement of Ihi�Securiry lnstniment discontinued at any time prior to the earlier of: (n)g days(or such oiher periocf u� . �•
<br /> - ' 9ingfc�.�mily.•Fseeie!1ladFre�e Nac UtiIF(IR11 I�sTRl�lfliVT--Uniturm Cavcnants s1� �pu�e�a oIn pa�r,i ._
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