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<br /> � , �cande�[ioo qr adrcr t�xing af,any p�t o��ne Ptnpertr.a for convej�an�e in i"�eu of caade�ma�tio�.�a�i�si�4d+l!� .
<br /> � shilt be p�id to t.ea�der .
<br /> � !a`�he svent of a tuwl�king of the PtopntY.th�P!oceeds sbdli.ee�pplied�tn the rwtis secu�o3 6y thi�.Saurity:
<br /> � Ins�uareiN.rvIKtlKr or not tha�d�e.with�y excess Wid to Bo�rowe`. in the cvent o`a pa�ti�l tal:ing of the Pr�opcRy in `
<br /> --- - which she fi�ir m�rtcat vatue of the Pmp��tj'urmkcti�teiy befcxe tAe s�fcing is eqw�t co c+r g�ea�er than the anxwnt of the s�ns__.__ __
<br /> �secuted by this 5oeurity Insuumrnt immodiately 6efore the taking.uafes�BorEOwer�nd Lender crtherwise agceo in writir�,
<br /> the su�ns secuted by this Security it�st�ummt shall be reduced 6y tlie amowu of the procads muttipl'Kd by thm fdlowing
<br /> , _ � fractioa:. (�.the wW amount af the srims securcd immedi�tely befcxe the talcing.divided Q�y l6)the faer market value of tUe ,
<br /> �topeety iir�ne�li�tety lxfore thf.t�lcing::My batanee stwtf be paid tu 8omawer. -In tbe tven!of a�nuti�l talcinB.of the-- -- -
<br /> a
<br /> � Pno�x�ty in v�rhidt the fur m�uicet vatuc of the Ptape�ty immediatety bnfarc thc tal�ing is less than the amoun!of the sums
<br /> securcd'amnedi�tety befae die takiag.unkss Borrawer ynd l.ender nthawise agc�in writing ar unless applipbk Iaw
<br /> athe�wise�xme6es,the p�n�coods shall b�applied co the sums securcd by this Security t,uuument�vi�ether or cai the sums ate :
<br /> . then due., � '_ " �
<br /> ` If We Pnopetsy is a1��douuA b}Bortower,or if.after rwtice by Leader to Boc�awec�at the candem�ar offecs to make .
<br /> an awa�d or setde a ctaim foi damages.Bo�rower f�its w Rspaid ta i�nder within 3t)days after the date the noeice is given,
<br /> . . Lrnder is authorized ta wpect and apply the p�«ds.at its optidn,either to c�torrtion a,repair of the Property ar to the
<br /> - sums secuted by tltis 3ecurity Inst:untenG whdlier or aot tixn dut. ,
<br /> Uakss[.ender artd Barawer otE�erwise agcee in writing.any appliprion nf p�oce�ds to principal shatl twt extead or
<br /> �pnstpone the aue datc of tbe monthtY Pd+Yn�ts referned to ia pazaBraPhs t and 2 ac change the amount of Such payments.
<br /> U. Borrower Not Retea9ed; Forbarance Bp I,en�kr NM a Waiver. Extensiar of the time for payment or
<br /> modi�icatia►of amortirrtion of the smns securtd by-this Security Insarament granted by Lender to any�ar in intemst .
<br /> oF Bo�s�nwer sh�ll nai opecate to rek�e th�liability of the ociginal Borrawer or Barmwer's succe�s.sors in interest Lender .
<br /> • sirail not tie�equired w conunen�x�oSS a�gaipCt aay suaessor in interest ar ref�.se to extend tiroe for payment a
<br /> - otherwise modify amartization of thc sums secuc+�d.d�►tWs Securiry Insuument by srason of aay demand made�si-:�ha ongm�t. .
<br /> - � l.ender in exe�ising any nght or remed�.�`sa}I not 6e� ;.�
<br /> Bonnwa oc Borrawec's sucees.sa�s ur ia�: �s�-��.�arance 1ky ,. - •. • .
<br /> . waireraB��►rect�de theeae�iseof anf rig�tx,�_�:� . The crneaants and agceecaents of a�is�:� ' . . ',
<br /> 1Z.'.�ocs awl Assi�.�o��fa�S�i'ai Isab�'EyC� .
<br /> � •: S e c u r i t y i i i s f s u m e n t�b i p d a n d�4�s c�e c e s"s,c�s and ass��s of l.e�r��nd BorroweF;subjaet to the pc+nvisioi�s c�,.``;,.
<br /> __ . ' • '•:. P�B� if.Barca�-c:��covenaz�t�a��a���s3jall be joim and seveca+.�mY Borrower who co-signs t his S e c u s i s�
<br /> ts t and conve that
<br />_- �:� ������e����L� +(a�.is ca signing this Securiry lnstnr�mnt anly to martgage.gran Y
<br /> - • �. Sorrow�er s inte�est in the PmpeRy underiihe tertns of this Security instfument: (6�is not personalty abtigated to pay the�f ,
<br /> -- - ,. secwed try ihis Security lnstrumenw aud{cl.agrees tha_t_Lender.and any ather Borrower may agree to cxte�d.modify. �_
<br /> oc•make su►y accommodations w�d►reSard to the temts af this Security Instrument or the Note withau that Horrower�
<br /> consent. ,
<br /> 13, Loan Chary�. If the taan secured by this Security Instrament i�subject to a law which sets maximum laan
<br /> _ cf�arges.and that law is finaliy interpi�eted sa that[he interest or other fcuu►charges callected or to be colfecteA io connectiaa
<br /> r� with the toan exceed tbe pem�itted limus.then: (a)any sueh laan charge shall be reduced by the amcxmt necessaey to ceduce
<br /> - the charge ta the permitted limit:and(by any sums already'coltected fram 8orrnwer which exceeikd pem�itted limi�.c wifl bc
<br />= refunded to Bom�wcr. Lender may choase ta make this rc�uad 6y neducing the Qrincip:d awcd under the Natc ar by making a
<br /> direct payment to Borrower. If a refund redycer prineipaT.the rcduc�ian will 6e trcated as a partial pcepayment without any
<br /> PRPaY►ncPt charge undcr the riotc. -
<br /> 14. Notices. Any riaice to Borrowes provided foc in this Secur�ty lnstrument shall 6e given by delivering it ar by
<br /> mailing it by first ctas.ti mail untess appticabte law r+equires use of another methcd.The notice shall be directed to the Propeny
<br /> Acld�ess or any other addreac Eorrower designaces by notice to Lender. Any notfce ta L.ender shall be given by fint class __
<br /> mail to Lender's address stated herein ar aiay aher addrrsc Lender designares by notice ro Bocrower. Any notice provided far �;_,
<br /> in this Security Instrumcnt shall be decmed to havc 6een given ta 8ortawer or l.endcr when given as provided in thiz �
<br /> ;:•� , P�&���•
<br /> 15t�Goveroing Ls►w:Severabilily. '�tsis Security lns�tncmen� sha!!be govemed(ry federal law und the !aw of the � .
<br /> jurisdic►ion in which the Propeity is lacated. ln the event that any provisian or clause of this Security Instrument or the Note �,_
<br /> - confticts with Applicuble law.such canflict shAll not aifect other provisions af this Seeurity In�ctrtrment or the Note wtuch can —�
<br /> `d�_ be given effect withau!the conflictin;pmvi.cian. To this end ihe provisionti of this 5ecurity Iast��ment and the Nots are �`•::.`,
<br />.��;� declared to be severa6le.
<br />„�,- 16. Borrower's Copy. BoROwer shall be git�,�ane conformed copy of ti�:tiote and of tiris 5ecuriry Instrumem.
<br />-=-_ • 17. '11�nsfer otthe Yroperty or a Benefiaiaf interest in Borrower. Tf ait or any pan af t6e Property or any interest in � `�
<br /> -- -- it is so[d ot transferred(or if a beneficial interest in Sorrowes i4 sald at tran�ferred and Barsuwer is not�a natural perxon) �_-
<br /> y;,;;x = wit h o a t 1 l..en d er's prior wri tten co n s e n e.l.e n d e r m a y,a t i u o�n a r_:.r e quire immediate pa ymen�"sn full of afl sums secure�f by - -
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<br />,;�,- . this Security Instrument. However,this option shat{not be exercised by Lc.ndcr if exercise is.�ohibited by federal law as af r-_J
<br /> �>_- the date of this Securiry Instrumen�. - .
<br /> = lf Lendec exercises thiw aption.Lender shall=i��e Borcower notice of acceleratian. The nuiice shal[p��ide a period af -r�•�°
<br /> Y-'-_.
<br /> - not les.a than 30 days from the dntc the notice i��delivered nr mailcd within which Barrower mutit pay alt scr_*rs secuced by this :��:;
<br />•� Securiry Instrumcnt. If Bortowcr fails to pay these sums prioi to thc cxpiration of this period. Len�:r may invdce any
<br /> — �- — - � remedies prr�nitied by ihis Sccarity[nstium.nt witlsaut turther natise ur dem�md on Bnrro��•er. �'�_.
<br /> { 1 8. B o r ro w e r's R i R h t t o R e i n s t a t e. I f B o r m w c r m e c t s c c A a i n conditians. Borrower tihall have the right ro have �•'
<br /> enforcem+ent af this Security ln�+trument discontinued at uny time prior.to thc earlier of: (a)5 days(or ruch other pedod av
<br /> ' . Singk F:unily..Fannlr!11adFreddk Sfx l'ti1FOR�1!�5'fRU11F.�"P••Undurtn CovC�tanh 9!� I�wFc I o(b�wg��J
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