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<br /> ^ �. oo�feaaNtlon arothor t�ot�nY P�rt d dM Propu,,�.ar tor aom�.y.aa in�bu ef oc�d�nr�ian.�ro Iwnby a�d�d!�1d ,� .
<br /> " �1!�i�id b LlOdlr.
<br /> � M Iliae,�eet o/�1at�l t�icia�ot die Prapecty.thep�o�s ahaU be applied to the wm� aecured by thi� Sacudry�'
<br /> �ut�ent,wl�he�ar not then due.with�r►y exoes�p�id to Romnwar. In the ava�t d�p�ttl�l ukin�of the Pr�e+ty in ' .
<br /> wbiab the tafr nu�ket vdue at d�e Pihperty(rnmedivaly befaro the t+�kin�is equal to�x�rater th�n the iunount af�ie aim�
<br /> � .e�a�►na.s�r�,aneni�,eac�oeiy�r«��uu��.unla�Bonower�aW Lender otherwbe�nae M wriNai, ,
<br /> Ihe wm�secue�d by IhL&curity InRdumetit�h�ll be�aducod 6y Ihe�nwut�t of Ihe proco4sl�mulUpliod by Uto fi►Ilowin�
<br /> fr�ctlo�: (a) atsl rirwunt of tho Rurn:Qavrod immcdiaoly bcfae the ukin�,divisbd t►y(b)tIK f�ir nuuket v�lue af dio
<br /> P�opaty i�L�oly befare tpe uking. My ta�luioe sh�ll be paid W BQnower. ln the cvent of a p�rtfd t�kin�of tbe
<br /> Property In'wblc6 the f�m�r�et velue oP thc E'ropeAy immodiWely bofae tbe Wdn�io less than tbo amount of the wnu
<br /> Kxu�ed immedipely beforo Ua takln�, unbsa Bormwer end l..a�dar dherwl�e �gt�cc in wrltin�or unk:s �pplic�bla liw
<br /> atl�erwi�e provida.tba pmceede shdl bo�ppliod to Uio aums txuied by lhis Secudty Itutrumcnt whe�he�ar nat the auau aro
<br /> N�en due. .
<br /> If Ihe Property ir abandonod by Bamwer.ar it.after�atice by I.ender to Borrower th�t 1he candemnor of�'era w m�lcc
<br /> an awud or eeule a cWm for d�mages.11ormwer fails to rcspood to l.ender wlthin 30 days�dkr die da�e the notice i��ivca.
<br /> I.ender is autlKxiaed W colkct nnd�pply the paceeds.at its optiao.eiWer W rcstoratioo ar repair ai 1bo Pnopaty or b d�e
<br /> w�secured Iv�J lbis Security Iuchwnrnl,wbdher or not t6rn duc. '
<br /> � Unkss�iwler �nd Hawnwer othcrwise agroe in writing�any Rpplicatlon of p�uocede to prlocipal sdall nat e�ctend ar
<br /> �x�para tho duo date of thz t�ovpthlY paYmenta rcferred t�in paragraphc 1 u�d 2 or ct�s�tge Ihe amou�t of such pxy aiq►ta
<br /> . 11.Borr+on�er Not ReJea�ed; Forbe�aaoe By '�.,cdder NW a Waiver. �:r�nsion of the timc fa p�an or
<br /> p�odific�lion of anortl�ation af die sums soc�rod by thi�Socudty tnsprument granted •l,ende�to�ny s�ucoesscir in interat
<br /> aP Banawer ihall nat opente to�ekase[bt li�hility of the original Bamwa or&x��wcr�succc;sors in intMSt. Lx��der
<br /> ah�ll nat beroq ulrod w camme�ux procc�dings:ag�i�ac�any auccessor in Fntercst nr•refuse w eatend time for p�yma�t or
<br /> ottKrwfse mo�ify urw�tiuulon of th sums secuied hy thia Securiry Instrument by m��yn of any demand made by ihe ai�l
<br /> A+arower or&xrowerg successors in intet�esq. Any forbearnnce by Lender in exe�ieing any dght or rcmody ah�li nd be a
<br /> wdver of or proclude the exercise of any��►t o'nemody. .
<br /> . 12.5uocesion�ad Mslpis Bnu ,.9olat aad 5everal Llabqity;Co-si�ners. The covenutts and�amcnts af this
<br /> Secudty Instrument slwll bind and benefN wht successors and assigns of Lender and Borrower.cubject to�he provisia�,�f'
<br /> � . pruagraph 17.Barower�covenants and pgnxments slwll be joint and several. Any Bomuwer who ca-signs tlds S�xluity
<br /> Ynahumrnt but does not euecute the Notes: (A)fs co-signing this Security Inatru�n,�e�z�only to mortgage,grant and��wvey th�t
<br /> �arnwer�s inte�est in ihe Property under the tertns of this 3ecu�ty Instrument; (bD�i nat personally obligated to puy sAe sums
<br /> ; � �ecurod by this Saurity Inatrument;and(c)agroes that Lender and any ather Borrower may agra to extend.modify.forbear
<br /> ; . or makc any acaanmodations wi�h ne$ar�l to�he terma of lhia Seaarity Insuument or the Nqo wid�aut that 8orrower'�
<br /> , cauent. •
<br /> , . .. !3. � Gusrac�. [f she loas:�:cur�! tsy tl�is Suurisy [rsstsumens is sub�ecs sa a !aw r.�h� srts m�ximtim losn
<br /> . •charges,and�hat law is fineliy interpr�eted so that the interest or aher Icmn charges ca��erted or to t►a collected i�conrKCtion
<br /> with the Ie►an exaeed the pertnilted limits.then: (n)any such loan charge shall be rer7uced by the amount nece'ssu•ry to reduce
<br /> ihe charge to the peemitted limit;and(b)any sums alreudy callected from Borrower which eace�dedpemtitted Idm9ts wlll be
<br /> refunded to Borrower. L.cnder may choose to meke this refund by reducing tl�c principal owed und�z ti�e Note or by making a
<br /> direct payrnent to Barower. If o refu�d�educes priocipal.the reduction will 6e trcxted ax a partlaJ,prepayment whhout any
<br /> prepuyrtxnt charge under tix Note.
<br /> 14. Notkea Any nnto-ce to Borrower provided for in this Security Inswment shall be given by dellve�g it or by
<br /> mailing h by flrst class moll unless upplicuble luw require+use of unother methad.The natice shall be directed to'the Propeny
<br /> Add�ss or ony dher address Borrower designs►tes by notice to Lender. Any notice to Lender shall be given by first class
<br /> mail to Lcriderh address stated hercin or any aher adJress Lender designa�es by notice to Borrower. Any notice provided for
<br /> in this Secudty Instrument shail be deemed to have been given to Bortuwer or Lender when givcn as provided in this
<br /> P�B�Ph•
<br /> 1S. Goveraing LAw;Severability. This Securfty Inxtrument shall be govemed by Pederal law and the law of the
<br /> jarisdictfon in whkh Ihe Pn�perty is located. In ihe even�thet nny pmvi�ion or clause of thls Security�Instrumen3��r ttte wett �
<br /> conflicts with applicable luw.vuch conflict xhall not affecl other provisions of thix Security Instrument or the Note which can
<br /> be given effect wi�hout the conflic�ing�rovision. 1b this end the provisions of�his Securiry Instrument and thc Note are
<br /> declarcd to 6e severable.
<br /> 16. Borrower's Copy. Borrower ehull be given one confnrmed copy nf the Nae and of this Securlty In�trument.
<br /> 17.7lraasfer oifhe PropeMy or a HeneRciol Interest in Borrower. lf ull or nny pwt of the Pro�erty or any int�rest in
<br /> it is sold or da�sferned(or if a bene�cial interetit in 8orrower is sold or trunxferred and Borrower is not u na�urul person)
<br /> without Lender's prior wrinen consent,Lender muy,ut its op�ion,reyuine immediate pnyment in full of nll sums secured by
<br /> Ihis Security Instrument. However,thi*ap•tion xhull not be eaercised by L.ender if exercii:e is pr.ohibited by fedeml law ax of
<br /> the date of this Securily Inslrument.
<br /> If Lender exercises this op�ion,Lender sholl givr Borrower naice uPucceleru�ion. Thc notice shull pruvide a periad of
<br /> not less du�n 30 doys frnm the dote Ihe notice is deli��erecl or muiled within which Barrower must pny all sums secured by this
<br /> Security lnstNment. If Borrower fwils to pay thesr sums prior to�he expira�ion uf this period, Lender may invoke ony
<br /> remedies permitted by 1hi,Security Instrument without further notice or JemunJ on Bnrruwcr.
<br /> l8. Borrower's RiRht to Reinsta�te. ]f Borrawer mcetx cena+n conditions, Borrower �hal8 have the right to have
<br /> enforcement of this Security Instrument cli.continued ut uny time�riar to the earlier of: Iu1 S�3ays(or xuch aher periad ua
<br /> S;ngk Pamlly••Fennk Mae/fYeddie Nac UNIF(NtM INSTRUME:NT•-l'niform Covenants 9/9Y /p:qte 4 ufe Augrsl -
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