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<br /> - �pa�di�t�p�af�uy p�s of t5e�mpetcy.at fav ooaveysixe in lieu of c��1�bY���
<br /> `` ,hdi be p�dyo teaaer. " shall be�ppliaT tQ tbe sums securoa ey tt�s secuiiry '� �
<br /> � ie tAe event Qf a wF�t-r�lcing.af the P[o�xnY ti�prnoeeds
<br /> — � -�i�L�tXtbe�ae ' aq�e�t-�s-�ta SaaawcL In tlNe tvent of a Fartial takin�of Ihe PiropenY in
<br /> , wbich the fdt m�rfcet value of the Yrcpaty immtdi�ety befae the i�icing is , ta o;greater thue the amount of ti�e stnr��f__,�—
<br /> secuoed 6�+d�is,SecwitY�Usstrunknt immediat�lY befort t�e wking�.�nkss Bortower and l.�r otUerwise agnx in writing.
<br /> . � ; tt�e.sums.seeu�ed by t�is Seeurity.It�sut��ment sTwtl6e reducod by the amo�nt of the proceeds mWdplied by the fdtowing°` .
<br /> fraclion:_(a)the Wt�1 aaiount of the snms secueed immediately ixfae the taking,dividcd by(b)the fair maricet value of the •
<br /> . _� pt+npecty umnedia�ely bef6ie ttie taking. My 6ataitc�e sh�ii�e"peid cn Sormwer. In thc eveat of 3 partial talupS ot tht- - -
<br /> prupMy in wliich ihe fait mati�et value a[the Property immedistdy before the takia8 is les�than t6e amoune of the sums .
<br /> ` seCuc�ed irt�ne�iately befae tbb taking.uniess Bamwer and Leader otlurwise a8cet in writ�S oc unkss applieabk la�
<br /> ` ahecvvise pro�'ides.the proceeds st�aU be sippiied tq the°sums secuted by this Securiry instmment wlkther or not the stuns�n. -
<br /> then due. < `�
<br /> . If the Pmperty is ab�doaed by Ban�wer,or if.afler natice by Lealer to Bwmwer3haz the condemnor offers w malue
<br /> �awacd or seule a claim for d�rtages.Bormwer fa�Zs to�espond to Lendcr Withiri 30 days attcr the date the.i�otioe is S���u+ ,
<br /> =L,aider is aud�atizec!to oattect aab applr the pnoceeds.at its option.eithar w nstaadan or repair of the P�npert7►ar to the .
<br /> � , ` sums seco�ed by tbis Socurity Listn�a�ent,whett�er ar not tba�due. I�ion of ads to s�all�t eatend a
<br /> Unkss Lender and Bor�owa otturvvise a8mt iR writing.atty app� P� P�iP�
<br /> � postponc tf�e due d�te of tbe maatlilY W+Yments tefemd to.in parag�aphs l and 2 or change the ama�nt of such payme�s• . .
<br /> � 1L Ban�ower Not Rek�red+ Far6ea�'aece BY � � a �ver. Exteasion of �he time far payment or
<br /> ' modification of amo�6r�tioa oE the sums secuced by this Security lnsxument granted by Len�er to�►y successor ia intele.0 - .
<br /> -of Botmwer siwU nat opetate ta rekase the liability of the ariginal I3otrower or Ba'rower's successnrs•in i�rtercst.l.e�uie�. .
<br /> � sh�U not be tequi�to ca�e�e P�d��Ss a8�any successoe in inunst oe refuse�to extend time for payrnanra:: - -
<br /> � u�ix modif�r amoniration of the s�ms secured by th�s Security lnswment by rsason of any demand made tiy the orig�at;, ,
<br /> � . Bonpwa or Boriower�s sui,oessors 3n a�tete.�t. Any focbeaiance by Lender in exercising aay nght or remedy shall not,b"e�� ,..
<br /> w�iver of or p�clude the exen�ise o�any right a iemedy. .
<br /> 1L S�ce�ors�ed A�as Baud,Joiut s�d Sevaal LisbiBt�,Co�aers: 'Il�e coveaants aad agnements of this �;�
<br /> � Sccurity Iesttumc:nt shall6i�od and benefit tt�c succes.sas and assigns of LeMter a�nd Borrawer,suf�ject to the�isiats b�f •, ,
<br /> paragraph 17.Batower's cavenanu and agreemenu shall be joint and severaJ. Any Bortower who co-signs this Sgcqritg
<br /> Msmnnent bqt�loes not execute the Nwe: [a)is co-sigt►ing this Security Irisuument only to mo�tgage.grant and conveg tt�
<br />-` - ytu�dert�ctcnnsoftlaisSecuritylnstn�menr tt�A.isnotQersataiiyobiigateitti��+aythesums --
<br /> � __._._ �--_--- �we►?s_irrte�est in the.Pcc�pert _ . .
<br /> socuned by this Securiry IastcumenG and(c)a8rees that I:ender and any other&�*svvermap aSree iQ exte�d:�n3ify.farbear --� _. . �
<br /> or make any accommadafions with cegard to the terms of this Securiry Ins�nent or the Nate witho�x;fl�at.8orroweFs
<br />- coitsent.
<br />- 13. 1.a�n C6ar� If the taan secured by this Secarity Insn�ument+s subject to a(aw which sexs�ximnm Ym�
<br /> , �harges,and d�at!aw is finally inurpneted so that the inteast or other loan ciiarges collected c�r to be collected in connec�tioa
<br /> � with the loan excoed the permitted limits:then: [�)any such Ioan charge shatt 6e�reduced by the amount�sary to rectuce
<br /> the eharge to 1he pertnitted limir.and(b).any sums already coUected from Butcov��r whicb exceeded permittid limits will be
<br />— �efundod to Bamawer. I.ender may choose ta make this refund by reducin$ihe princ�Pal owed under the Nate orby making a ,.
<br />= dinect paymeat to Borrower. If a refund reduces principab the mduction witl be tratted�s a partial prepayment w�thout any
<br />- prepayment charge under the Note.
<br /> 11. Notice� Any notice to Borrower provided far in this Security insaument sitall be given by delivering it or by �
<br /> mailiag it by fiTSt class mail untess applicabte 1aw requires use of another meth�The notice shaU be directed to the Property
<br /> qddness or any aher address Bortower desibmates by notice to Lender. Ac�notice to I.ender tihall be given by tirst class
<br /> �'� mail to i.ender's address stated hecein or any ather address Lender designates by rtotice to Borrower. Any notice provided fot
<br /> - in this Security Inst�ument sha41 be deemed to have been given to Borrower or Lender when given as provided in this
<br /> ra
<br /> �g!Governin�Lpw; Severabiliry. This Security Instrument shall be govemed by federal law and the law of the
<br />= jurisdiclian in which the Prope�ty is laeated. lnt6r�rent that pny provisian aaclause of this Securiry Instrument ar the Note
<br /> conflieta with applicable law.such wnflict shal!rtnT affect other prav�sioaa af th'rs Security Instrument or the No�e which can
<br />�;•'+ be given effecl without the wnflicting provision.,To[his end the pravitiibns of this Security Instrument�and the Note are
<br /> - declarod to be severable. •
<br /> 16� $orrowe�'s Copy. Borrawer shall 6e given one coafarmed copy of ihe Note and of this Security Instrument.
<br /> 17. 7Fanste�o�the Property or A Beneflciallnterest in Bo�rower. If all or any pan of the Praperty or any i�terest in
<br />��:.�� it is sold or transferreA(or if a beneficial interest in Barrower is sold or transferred und Bortower is not a natural petson)
<br />- - • without Lendcr's priar written cansent,Lender may.at its opticm,require immediafe payment in full of all sums secured by
<br /> - this Secusity Incttument. Nowever.this aption�hall not be exercired by l.ender if exercise i�+prohibited by federnl law av of
<br /> 1- the date of this Securiry Instrument:
<br />��^- If Lender eaercisea this oPtion.l.ender shall give Borrower notice of accelera�iar�. The notice yhall provide a peri�of
<br /> not tess than 30 days�om the date the notice is delivered or mailed within which Borrawer must phy ull tt�ms�,ecured tst�t1�is
<br /> _ - _. ' __.g,��,.�w tnciniment. �f Borrower fails to p�y these sumv prior to the expiratian oi�his period.Lcndr6 nzy� i»voke any
<br /> remedies permitted by ihss Secunty lnstmment withouf fdAher nuficc dr demand rnritcmmver•
<br /> ' l� Borrovet�'s Rlght to Relnstate. If 8oaower meets cenain canditium. Harro�ver�haU have ihe right to have
<br /> enforce�nent af this Security lnstrument disconti�ued nt any time prior to the earlicr�f: Ia15 d�ys(or surh other period as
<br /> 5ingle Fa:�it}••Faenk�taNFreddk Mac L'�IiORN I�S7'R!'HE�'P••Umt'c,.^:Covenanls 9�M Ipnge 4 r jh pagt�l
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