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<br /> ` io lim oEcondanasdon.a�beieby►�d+� - -
<br /> ' - . oo�deamtion ar c�her�oi�ny pit af the Fio�ty.a fa caerey�noe. ,_ . _ _ .
<br /> .. sl�l[6e psid to Ler�der , ' .
<br /> � � in the e+rcat of a tofal tY�ag of the Ptapeny.she pacetds slnU 6c applied,to the sums secu�ed 6Y this Sa+ritY . .
<br /> iastnsnrnt.wheiher or not drn due.with u►y.ca�ass pa�d to Barower. in the eva��of a pertiat taking of the�Y n!' - , �
<br /> � Which the fau m�ricet value of tUe PtopenY im�nedi�tetY befaRe the taiting is equa!to or greater than thcarraunt of tbe sums
<br /> . `securced h�r this Sxuriry�inutkdiatslx 6efaae the tilcing.unless Borrower and La�der otlxmise'�grx in wtiun;. :
<br /> � the swns secu�ed by tbis Securiry Insuument shall bc nedu�od by tlie amount of the pnacads muttiplied by the foftou�ing - . ..
<br /> fraction: t:)the toh!amoimt of tix sums secu�e�d intmediatetY befae thc takin�.dividod by`(b).the fair imtfcet value of ttte .
<br /> , PraQe�ty imiaediatcly be�aic the txt�g Any ba�ialce shat{b�Paid to Bar�awer. In the evrnt vf a patttjjal fakiog af th� .
<br /> �ivpet(y in-whiclt the fair marTcet vatue of the�wpeRy ima�edistely 6efofc e�c t�kirtg is tess tbaa the�t of the su�s
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<br /> .soc�ed immediacety 6efae the t3king.uonless Batvvvu and Lender aherwise�in writiag or unkss appiicablc law
<br /> alherwise pmvides.thc p�oc,eeds shaU 6e applied tothc sums secure��iy this Securiry Insauma�t wtxtt�ar rot the sums a�e
<br /> then due. �
<br /> - If the Ptopetty is ab�adoncd 6y 8anower.or if,after notice by Lender ta Borrowec tfiat tde caxiemnor offeis to m�ice �
<br /> �n awa�d or seaZe a ciaim for d�ges,Barower hils to nespund to t.e�sder within 30 days aftet the date the naia is given,
<br /> I.eadet is swthorited w cofloct ard apptg the pcoceeds.�t its ophat,eittxr to restorrtiort a zepai�of the Propert�oc ta ttsc.
<br /> s�ns secured by this Sec�ity 1as�cummt,whether or not tbea due. � sialt not eatend or
<br /> Uniess L.ender and Bor:uwa atlxrwlse agnee in wriang.aay applicaaaa of proceeds to principal
<br /> - - post�one tbe ducdate of the monthlY P�Y�ts nefertM w in paragrrphs 1 and 2 or ch�nge the amount of sucb payments.
<br /> ll. �c�swv Not Rdeaared; Farbearaace.By l.e�kr Not s Watv� Extensiat of ti�e time for payment or
<br /> � mvdification of a�noeitadon Q�the sums secuc+ed bY this Security(nst�ument granted by Lender to any sucassor in LtteRSt
<br /> • of Bamwer sliall na ope�te to retease tha IjabiGty o�the on"ginal Bormwer or BoR+nwer's successors in interest.:Leader
<br /> -- sdaU�t be t�equiced to commenca p�aceedinSs a8ainst any s�s�in intenest or�efase to extend time for payment or
<br /> attxrwise raodify artiorti�of the sumc securedby thes 5ecurity tasuument 6y reas4ut of any demand made bg tfie origmal
<br /> :— - g�ruwer a Sormwer's sacoessors in interest. Any farbea�ance bY Lender in euercising any nght a�remedy s8a11 not be a
<br /> weiver of ar ptedude the e�a�csise of any rightor ranedy. '�cava�aac,�and a ments of this
<br /> - 12. s�a�aws a■it�Eaaad;Jdnt�d several I.i�b�r;Co�siEners. S�
<br /> - Securl�Y Ins�iu'nea[.shaEt 6iacf aM beaefit the suacssors at�assigns o�I.ender and$orrower,�ubject to the provisians of
<br />�;;:� p�ph 1?.Batoa��'s covenants and agree�rxnts sha116e joint a�se�erat.Aey Bor�ower who co-signs tbis Security
<br /> lnsnument b�u,dnes pic�ex�utethe Note: ta)is co-signing this Secwie}rttrn,��nen.P only ta mo�tgage.gant and convey that
<br /> _I,�;:; . Borsowcr's�ia t�befruperty under the tem�s of tttis Security 1'ns�oau[ent:•ib�as'�iat personally obiigaied to pay thc sums
<br />`'".-;=� . � secmed by this�ty Instrumen�;and(c)a�that Lender and��+n�.Bomoiver ntay agree ta extend.madify:Par6ear
<br />- or malce any auoamnodat�o�s Wid► re8atd tp the�erms of this Se�az=y inmument ar the Nate withaut that Bo�rower� �
<br /> _ _ . , consent. .
<br /> 13, l.oan CIu�rSe� �f the toan secured by this Secariry (nshument is subject ta a law which sets maximum loan
<br /> - charges.and that law is fu�a�itnerpneted sa that the icet�est or other loan charges wltected or to 6e collecced+"�;connecuon
<br /> T.�:`' with tfie toan eaceed the per�niited t��uits,then: (a)any"such loan charge shall be reduced by the a.�xyant�-i*�+to reduce
<br /> the charge to t6e pertinitted►imiT:aas��Lh aRy sums atready coliected£mm Borrawer whicb excee.�pennitted°iimi�s will be .
<br />!Iy~�f� c�efunded to Bs.�A:er. Lender may choas�to make this retbnd by�the principal awed un�s the Nate or by mAking a
<br /> - disiect pay�t to�Botroa'er�,If a refund reduces prinripal.the reduc�ari witl be u+eated�s a partial prepxyment withoat any .
<br /> pr�epayrtxnt c�ar�e under tt�Note. '
<br /> - 14. lb6aes. Any notice to Borrower provided for in this Security 1a�.lrument sfiaA be given by delivering it or by
<br /> ' mailing it L�y fisst class mail ualess applicable taw reyuires use of another methad.The rtotice shaU be directed to the Prope�?y :.
<br /> •� Addcess or any other addcess Bortawer decig�ates by no[ice to Lender. Any notire to Lender shalt be given by iirst cia�.s�
<br /> �mail to l.ender's address xtated herein ar any other addretis Lender designates by notice to Barrower. Any,notice provided fc� .
<br /> in this Security Instrument thaU be deemed to have been given ta Borrower or l.ender when given as provided in tfiis
<br /> ��la5 Governi�1.aw; Severability. Thi� Secnrity Instrument.hall 6r govemed by federal law and the luw af the
<br /> - � jurisdictlon in which the Praperty is tacated. In the event that any provisian or cluuxe of tfiis Security lnstrument or the Nate _
<br /> :•. canfticts wictivpplicable iaw.such ea�ct�shall not affect ather provisinns of�his Security lnstniment or the Nate which can =
<br /> be given e��ct wi�hout the cantlictin�provirian, Ta ihiti end the pravisions oi this Security Instrument and the iVote ure
<br /> _ declsued to be severable.
<br /> . 16. Borrower's Copy. �onower shall Ue givcn one conformed capy oi tha Note 1nd of thi.w Secarity tnswment.
<br /> . 5 ` 17. 7lransfer of the Properly a'A Beneficl�l Interest in Borrower. If s�ll�r any pan oi�he Property or any interest in
<br /> � it is sold or transferted(ar if a beneficial interetit in Baaower iti�old or transferrcd and Bprmwer is not a natural person)
<br /> without Lender's priar written ca�sent.Lxnder may.at ixs optian,ret�uire immediate payment in full of all�umc secured by
<br />- this Socuriry ynstrument. Howcver.this aptian shall nnt be exercised by I.ender if cxcrci�e�s prahibited by federal law�s oi
<br /> - : t�e date of thu Security(nstrumem.
<br /> ` ' If Lender exercises thi�optian.l.ender�hall gire Boaawer natire oi acceterasion. The natice yhalt provide a period of
<br /> -- aot less thas�30 days irom the date the notice is delir�ese�or mailed within which i�.�nawer must pay all�ums`�ured by this
<br /> Secuety lnstrument. If Borrawcr faik to p3y GTMCw::.ams prior tv 1he expiration at lhis perc�.Lcnder.m,:y invokc smy
<br /> � rcmediec penniited by this Security 1nsLtume�E ur'.:�nt further natice�+r dcmand an BuRaarr.. '
<br /> • IS. $ortower's Righ!to Rei� ft Bcrrawcr mcets reAain conditiunr. Borrau•ec��r�ll have the right to huve
<br /> � eniorcement of this Securiry In�trum:�C�s�ntir.i.d at any�ime priur to Ihc�:�rlirr of: (al S dayv lor such othcr periad�s
<br /> =:�!io F.m::!r-:fannk 31so'treddk�trc t'�I�up�t l�ti'iR4�lE;T-•t'niform fnvcn•rnt�.91�! ��w.4r d�,/b pn.ev.�i
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