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<br /> om�danonioa or ahor latio�d�ny rylirt:af.tM�r�a far co�veyance in Uw d oondana�u�on��n w�o9 wip�d�ad �
<br /> �It Be p�1d ro I.ende�. ,� ..
<br /> In d�e avent af� wnl qkl�a�the Pm'Pat9•the pmoaad� �h�il be �pplMd b d�a �+wn��d bY thi�Securiry
<br /> insawnak.wt�her ar cKM Iiwo dne�wld�Nny aaamw p�ia lo Bomowor. In the evant ot w putl�l l�icini d the P�paty h
<br /> vrhich the f�►ir m�tic�t wtue of the Prnpeity immedirtely bciao iho��kin�U aqud to or�n+tor dw►the�mount ot tbe wmr '
<br /> ,,cuted by iMis Secudty Inttnunenl immodi�kly betano tt�e tRiciaa.unks�Bcxrower and Wndcr othc�wlee�ee in wriW�.
<br /> �he wter�ecurod by�hi�Seoudry impwneot Y�11 be reducod by Ihe�mount of thepro�,�edi multiplied �be fdlowln�
<br /> h
<br /> Ilr+icdon: (�l�Ne toW�mouM of the wm�secu�+ed immodi�loly betaro tha t�kin��divi�ed by(b)tho fair vatue d d�
<br /> Pn�peny lounodiwely bofc�ro Qk tcWa�. My l�alance sthall bc paid to B�+n�w�r. in the event ot' e p�utid takiaB at�hc . .
<br /> pt�npmty in whtcb the fiir m�uket vdue of tha Proparty ImmodlUoly befarc�he ukin�is leu�h�n this+u�t of the su�a
<br /> �ecwrd immodi�tely betae the taking,unkss Bamwer�nd i.enda wi�erwire x�roo in wrilinp or unlw �plierble law
<br /> utix�rwi�e provWe�.lho proceed��11 be applied la tho wm�r�ocarcd by lhis Securiry Inxwment wbett�e�ar not the wm��uo
<br /> then dae.
<br /> 1f Ihe Prope�ty ie ahiuldakd hy Bartowet ar(f.afier notice by l.cnder a Bormwer th�t Iho condemnor offara to m�ko
<br /> �n awanl or beltle�cloim for danaQe�.Barnuwar fuila�a rahpond to Le�dc�within 30 daya Afler tbe date the nakc is given.
<br /> l.,endor i�owharired ta oullact and�pply�he pmc�oda,at f�apian.either to rest�xtion or rcpnir of ihm Pr�openy or to�be
<br /> cum�cecurod by�his Securlty Mctrumeat,wtw�herar not thrn due.
<br /> Uole�e I„e�der Nnd Ba�ower cuhoiwlFO�gme in wriling.any +�kation af prnceeda to principd slull�wt eatend oc
<br /> postpone Ihe duo d�to of�hc monidly pnymeMR++�tet[ed ro in paragrnpha 1 and 2 a cluutgc�he�t of such payments.
<br /> 11. Bonatrer Nut Relaned� I�brbe�raea By l.ende� Nol • N'atver. Bztensia�o[' �bc lime for Qaymen ac
<br /> modiflc�lion ot�mortiutian of�he surns secwrd by Ihit Secudty lo�tn�ment gnnted by Lecrd�r.uo aoy s+u'oesso�in iaWe�
<br /> of Ban+nwer�¢MII tal aperate to �elease the liat+iflry of the origlnwl Borrower or Bomawer9�swcas.�'r�n i[retw-Lsnde�'
<br /> ahaU nd be uhed to commrnre pncK,'eed�ngs�aiast any suaYS�sor in intercst or refl�se to eatend timr far payrnent or
<br /> othrnvise mod�i y�mortir�tion of the sums sacuKd by Ihis Security Instrument by�eicon of uny demw�d mode by tt�e original
<br /> Barrower or Bonuwer�successors in intenest. My fbrbearanc�e by Lender in e�ereising a�y dYlu or rcrnedy shall not be�
<br /> waiver of�x preclude�he eaereise of any dg1N ar rcrtxdy.
<br /> 12 Suocesuors�nd A�I�ns Bouadi Jdnt and Sevenll.i�bWty;Co-stgaen. '11�e covenamx wid ogreementa af thia
<br /> �u�ity�nsw�nen�sha��bind�d benefi�the successors and assigos of l.ender and Bortower,subject to the provisions of
<br /> paragmph 17. 8orrowerlc covenanls and pgreem�mts shall be joint and seve�l. Any Bortower wha co-signs this Security
<br /> in.cuwnent but does mx execute Il�e Nde: (�I is casigning�his Security Instrument only lo moRgage.grunt and canvey Uwt
<br /> Bonower�s intcrcst in the Ropeny u�der 1he lemis of this Sccuri�y InWrumem: Ibl ix not persa�ally obliguted to pay the sums
<br /> ser.�uned by Ihis Security Instrumenr,und(c)agrees ihat Lendcr und any ahar Bomowrr may agre�:lo extend,modify.forbevr
<br /> or mwke any accommodalior�s wi�h regwd to the te�ms af thic Security Insuument or Ihe Note without that BoTrowert�
<br /> conse�k.
<br /> l3. La�n Char�es. If 1he loon securcd by�his Secur�ty Instrumem is subject lo a Inw which r,ets mweimum laan
<br /> z�,enA that!nw i�f nnlly inter�reied so iha��t�e interest or olhrr loan char�tes collected ar lo be collec�ed in contxxtion
<br /> with the loan eaceed�he permiued limits,theu: (a)ony such lonn churge shnll be reduced by�he�►mount necessary tu�reduoe
<br /> Ihe charga to the permitted limii:a�nd(b)nny sumR ulready colkcted from Borrower which exceeded permitted limil�wfll he
<br /> refunded to Borrower. L.ende�mU�chaose lo muke thi�s refund by reducing the p�ncipnl owed under t6e Note or by msiking a
<br /> direct p�yment to Born�wer. lia refund redaces principal,lhe reduc�ion will be treuted ar c�prutial prcpayment wi�hout any
<br /> prep�yment chargc wwJer Ihe Note.
<br /> 10. Nollces. Any nrnKe tu Bornawer provided for in this Securi�y In�tnNnent xhall be given by delivering it or by
<br /> mailine i�by first claxs mail unle..applicabk luw reyuires use of another melhad.7'he notice xhull6e directed to Ihe Properry
<br /> Addrca+cx uny other addresti Bormwer deslgn�lec by notice to L�nder. Any notice to Lender tihall he givan by fitr:t c1aFs
<br /> mail tm l.ender�udd�ti stuted herein or uny other addrcss Lender dcsiFnates by notice to Borrowcr. Any aolice provided for
<br /> in this Securiry In�trument shall bc deemed to huve heen given to Borrowcr or L.ender when given su provide�i in 1hi�
<br /> Wus�BrnPh•
<br /> 1S. Governing Law; SeverabilNy. This Serurity In��rumem,hall be govemed by federal luw nnd �he law af the
<br /> jurisdiction in which the Propeny is locoted. In the event�h�t uny provizion or clausr of this Security Ins�rument or the Note
<br /> co�8icts with npplicable law,such conflict xhall not uffect rnher provisions of this Securi�y Inxm�rnent or�he Note whinc�an
<br /> be given efCect without the confliclin�provisian. To Ihis end Ihe pn�vixionr of Ihi�S�tiuriiy 1r:;,�.:rt-rs:�ssd thc:L'aic�
<br /> declered ro be severable.
<br /> 16. Borrower's Copy. Borrower shull be given ane confarmrd rupy i.f the Note und nf this Security Intilrument.
<br /> 17. 7Fansfer oP the Prupertv or o Beneficlal Interesl in Borrower. Ia i�11 c+r any pun oi�he Property or uny interes�in
<br />- it is fiotd or trunsferted lor if a hcneticial imeresl in Bormwer i. sold or tr�►nyfermd und gortower ix nw u natural person)
<br />- without Lender�prior wriiten cc►nxent.Lrr�r muy.ut its�tion,reyuim immediute pa}�ment in full of ull sums secured by
<br /> �hix Security lastrument. However.�his optlon shull not be exeRiseJ by Lender if exarcix�is pmhibited by federal luw aa af
<br /> the dute of this Secu�i���lnstrument.
<br />- lf Lender exerrises�his option,Lendershall give Burrower nWice of ucceleralion. 'Ihe nntice.hal!Qrnvide a period ot
<br /> n�t less than 30 days fmm�he dote the notire i�delivercJ or mailcd within whirh Bomowcr muxt pay all�ums s�cured by Ihis
<br /> Secarity lnstrumcnt. If Borrox•er taih to pay the+e xums prior to ihe explru�ion of lhis �riod,Lender mAy invuke ony
<br /> - remedies pertnined by this Security 1 nstrument withuut further nutice ur denwnd on BaROwrr.
<br />- IIB. Borrower•s Rtgbt ro I�e9n!�late. If Born�wrr mrri. crnuin conditionx, eorcourr.hall have �he righ� to hnve
<br />= enfurCement of this Sei:urity In9tvumen�diuYmtinueJ at uny time prior a�thc carlirr of: lu)S days (or Kuch other period us
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