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<br /> . . oaade�a�cr a�C�i�n6 a��Y P����Y•ar rorca�v�ey�ioe io�ieu at candam�aaa,ana+�g as�ipredssd . .
<br /> ' �Mll be peid 1Q Lei�dez • . � � �` � ,
<br /> r, ln We evaot oE s<1oh1 tatina of the PtoQertY.Ibo p�ooeeds�l�il 6e applie¢ ta tAe�siims securcd b`q this Security ' � .
<br /> _.......—►�,:....�.:..,.-�,td.�.�..t.,.,E.t�d�wkh a�v e�ccesgnsid tp_B�rm�veF_1n_tht•svenl of s puti�l_1�ttinE af tb�-ProD�Y�in...c?. .-
<br /> � whicA tlk fsir m�irlcet v�e d tAr Ptuperty immodiatety befo�the i�king is eqw[to a p+emkr tiun tBe anwirit of the`sirns
<br /> � �c�wed�y�hts Se�rity b�nent�tmodiaDelY hefa�e the tal�in8,�nkss Rotrawer a�L.ender otherwise agrce in writina.
<br /> a�e soa�s.iecur�ed b�►mis secuciry�t�aent shan 6e�Dy d,e wtwunt of a�e poceeas»iulttpliaa t�rthe foltow;ng .
<br /> -:. &a�a�-b)16e�oal amouet uf_1he swns smu!ed immedistely._hefae the qking,divided bX(b?the f�ir muket vatue af the . -
<br /> ptopetty i�edi�Me�y befu�t dje t�. My bJ�nce sh�ll be poiA to Ba:owa. Lt tf�eveet ot a partial taking-oi tt�c • -- :
<br /> � ptoperty m wUicb the faQ maf�et ralpe of the Fioperty immediatety�Defotr the t�ing is kss e1�n the an�ount of the wms
<br /> � secu�d imned'uiety 6eEae the taYing.unkss Borrawer.aad Lendes othe�virise agrce in wrifina a unkss�pQlicablb law . .
<br /> � at�xis�pc�orrides,the p�oceeds shall be appiied to the sums securod by tti;Sectuity LtsarartKnt whctber or not tfie sums ue
<br /> d�en due .
<br /> • If tde Aopetty is abir�da�ed lry Barrower.a if,after notice by Lender m Borm�ver d�at the c�demoor affers w m�ke ` .
<br /> ' sa aw�d ar septe a cWm fnr da�nsges.Bamwer fails to tespond to La�der widfin 30 days after the date tbe tatice is givm. .
<br /> -Is�dec is�W6oriz.ed W cdlect and appty the p�ocoeds.at its apno��,eitAer to t�ataratiop.�rtpair of ihe Property ar to�he .
<br /> ' �as socatod by this Sccuriry L�strwuent,w6ether a not tl�t due. • • .
<br /> � Unless l.sider�d Bamnwer athe[vvise agrce in writing.any apptication of proceod.c to prineipal sMlf not extend'ar :
<br /> postpone tDe due date af ibe montlilY PaYmeats�effeaod to in pira$iaphs 1 and 2 cxchange tf�e amount of sucb paymuus.
<br /> 1L �rowa Nat�ltskaeed; Fa�ara�ce By I.eeder Not.s WBva: .Eztens�ao of thc time fa pnyment oc
<br /> modificuion of 3imortiiation of the sums secu�ed by this Securiry Insuument granted by Lender to any successor ia iateiest
<br /> of Hamwcr si�U not operate to c�kase the liability of the original Bomuwer or 8orrower's suce�csas in mttr�ct.Lender
<br /> shatl aot be ioquircd ta c�at�ence Pmctedings agaiast aay successa in inte�st or�efuse to eateod time far p�mx�x or .
<br /> athawise modifjr aatoRizatiao of the sums soctaed by this Security lnstrume�c by re�san of any demand made by�be originaf
<br /> Sotrower ar Ba�m�re�s successars in interes� Any forbeatance by L.ender ur eaencising aay right or crrt�edy shall not be a
<br /> waiva of a poectade the exencise of any riglu or t�tmedy. • �.
<br /> 12. Srcea�ors�A�eips��d;Joi�t ad Sever�l i.iabilftJ;C.o�e�. 'Ibe oovenants�d agnxmeats of tAis
<br /> Seca�:�nsp�ument shall bind and beneftt the saccessors�nd assigns pf La�der and Bormwer,subject to tUe provisioas of „
<br /> ' parag�aph 17.Bortowa's covenants and agaeements sha116e joint and seYer�l.Any Borrower who co-signs this Se�.�
<br /> Insinunent Durdoes na execute d�e Nate: ta)is co-s�m►g this Sccurity I�t onty to Rwrtgage.grant and conve3�c�' . �
<br /> �gar�I�interest in the Pboperty imder the terms of this Secu[ity Insmm�ec� Eb)is not personally obiigated to paY.the�" , , _
<br /> secuKd by this Sa�uity Insa�w�en�and(c)agrees that l.ender apd any other Borrower may ag�ee to extend.modify.fa�ear
<br /> or maic�any�ccommadations with regard to the terms af this Secunty Insttument Qr�e Note without that Borrow�er:s
<br /> caastN. � ..
<br /> 13; l,o�Clu�rses. 1f the toan secured b�r this Securiry Instrumeat is subject ta a Iaw which sets maximum toan
<br /> ch�tges.�nd that taw is finally inte�pneted so tl�at.t�ie interest or other loan edarges collected or to be coltected in connection
<br /> with the toan excoed the pem�itted limits.then: �a3 any such loan charge shait be reduced hy the amount necessary to r+educe
<br /> ' the charge w the pe�.�d limix aad(b)any sums aiRady callected fmm 8oirovrer whicb excetded permitted limits wiQ be ,.
<br /> refondod to Borrower. Leader may choose to make lhis cefund by reducfig tTie pcincipal awed under the Note or by making a
<br /> di�oct payment to Borrower. If a c+efund reduces princlpal,the red�iction w�li be treated as a partial prepayment without�ay ,
<br /> pnpayaient charge under the Nae: . "
<br /> �� Notiees My notice to Barrower provided for in this Security[nsO�ument shall be glveh by delivering it or by •.
<br /> + mailing it by first class mail uatess applicAble Iaw requires use of anothcr method.'IT�e notice shall6e directed ro the Property
<br /> A�dress or any other addcess Borrower designates by noitce to Lender. Any notice to[.ender ShaI16e given by�rst class
<br /> ma�to Lender's address stated herein or any other address[.ender designates by notice ta Bo►rower. Any notice provided for
<br /> • in tdeis Securiry Instrument sha11 be deemed to have been given to Borrower or Lender ufien givert as provided in ihis
<br /> p��vernlns Law;Severability. This Security Insuument shall be govemed by federal law�-�i the!aw of the
<br /> . jurisd�ction in which the Property is located. Tn tTie event that any pravisian or ctause of this Security l�ment or the 1Vote
<br /> contficts with appticable law.such canflict shall not affect othcr prows�ons of this Securiry Instrument or the Note which can •
<br /> - be givecs effect without the conflictin�provision. To this end the provi�ion�of this Security Inswment anJ the Note are
<br /> dectao�?�to be severable.
<br /> 16. Borrmrer's Copy. Boaower shall be given one cor►far.med copy of the Nat�and of this Securiry Instrument.
<br /> 17. 7tan.der of the Property or a&nettclal�nterest in Borrower.If all nr any part of the P�raperty oc Any interest in
<br /> it is sold or transferred(or if a beneficlal interest in Barrower is sotd or iransferred and Borrower is not a natural person)
<br /> without Le�xler's privr wrltten ca�sent.Lendcr may.at its aption,requue immediate payment in full of all sums recured by
<br /> this Secarity lpstrument. i�towe�c��4hir option shall not he exercised by Lender if exercise is prohibited by federal law as oF
<br /> the dace of this Security lnstrume��e.
<br /> If l.cndcr exerc'sses this aption.lPndcr sts�?t�ivc Borcowcr notice of Accelerptian, 71�e natice sh�ll�rovide a period of
<br /> not iess than 30 days,�:om the date the nodce is�:irvercd or maited wlthin afiich Borrawer must pay att Surns.ecured by this �
<br /> ' Security instrumecr.t, tf Boirawcr fails to pay these sums prior ta thc expiration af this periad. Lcnder may invoke any
<br /> remedies permitte�1�tttis 5ecuriry Instrument without further notice or�lemand on Borrower.
<br /> 1& Sorrmrtr's Bi�ht to RelRVtata lf Borrower mec�s certain rortditions, 8orrowe►shall have the right to have
<br /> enforretnent af this Securlty insuument dixcantinued a1 any time prior ta the earlier of: (a)5 days(or snch ather periad as
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