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<br />-"°>;,...,_�_� RE�RECORDED
<br /> - ------ __ 91- 1058�U �$-- 10460.��
<br /> ca�dcmnatian or wher�plcin�of any pwt af�ho Property,or fix canvoywuc in Ileu of cotWemna�ion.erc hercby w+s�i�ned u�
<br /> � �iwll bo p�id to Lendct.
<br /> In the event af u taal IukinQ of�he Property, tho procceds shull be opplied to the sumx sccured by �his Security
<br /> -- Matrumcnt,whether or na�thcn due,wUh pny�xc�FC paid to Bnrrawer. In tix event af a purtial takin�t af tlw Prop�ny in
<br /> which tlw fair merke�value uf the Ropcny immediutely befo�r thc tuking ia equol to ar pROtcr thun�hc umuunl of�hc Kums
<br /> �ecured by thfa Secu�ity inxlrument immediutoly befurc tha tuking,unlewg Sortnwcr aad Lcnder othcrwitie ugrre in wridng,
<br /> Ihe xums�ecured by Ihix Security Inslrumenl shull hc reduced by Ihe umaunt ot tha pnxaedw muliiplied by Ihe fullowing
<br /> fractian: (a)lhe tatul amoun�af the Rum�r�ecured immediutoly beiare tho tuking,divfded by lb)the fuir market value of the �
<br /> ____ , Pmpeny imn�ediaG:ly hefare tho tuking. Any bulance shull bc: puid ro Barruwcr. In the event uf a psuliul tuking of the
<br /> h�operty in which the fbir marke�value of ihe Prapeny immediu�ely befa�e the�uking ir�Ic�s thun�he umuunt uf the sums
<br /> �ecured immediately befare �he taking,unless Borrower und Lender olherwik ogree in w�itfng ar uniex� upplicablo law
<br /> olhenvlse provides,tho praecd�qfwll ba opplied to�hc xums s�ecured by thiy Secudty Instn�mcnt whcther or nat�he sumx are
<br /> �han due.
<br /> If the Pmpeny is abundoned by Barrower.or if,ufter nolice by Lender to Bonower Ihut�he randemnor nifen to muke
<br /> � an awad or tsettic a cluim Por damagew,Bartower fuilx to respond to Lender wilhin 3t1 duys uf�er the dute thc noticc is given,
<br /> ___._____-s Lender iR umharized�o callect nnd upply the pracecdz,ut its option,either io rextoration ar repuir of the Property or w the
<br /> Rumu secured by lhix Secu�ity Inxtrument,whether or nat then duc.
<br /> -- Unle4x Lender u�d BaROwer othenvise ogrre in writing,uny upplicudon of pmcc�ds�u prfnripnl �hull not extend or
<br /> postpune tht due dnte of the monthly puymentx referred to in parugmpha 1 und 2 or change�he umount af xuch puymenls.
<br /> I1. Borrower Not iteleased; FiKbearance By Lender Not a W�iver. Eatenwian of the tfine fur payment or
<br /> — modificulion of nmortizution of the xums tiecurcd by this Secu�ity ins�niment gmnted by l.ender ta nny succe�+or in intcrcst
<br /> of Borrower shnll not operate tu relensc the liability of the original BoROwer or Barrowerti successorc in in�crest.Lender
<br /> -- xhull na� 6e rcquired to commence proceedings uguintit any xuccessor in interest ar refuse to extend time for puyment nr
<br /> — — atherwise modify nmortizutian of thc hums�secured by this Securiry Insuument 6y rea,on of nny demand mude by 1he uriginal
<br /> — Borrower or Borruwer's successora in interesl. Any fo�beanuue by Lender in exerciaing uny right ar remedy�hall not be�
<br /> �.'�,; waivar of or preclude ihe eaercise of uny right or remedy.
<br /> ---,�--� 12. Suceessors and Arsigns Bound;Joint And 5everal L1ebNity;Co•signers. The covenunts und�ig�eemen�s oP thir
<br /> :�,� Security Instniment shall bind and bene8t �hc successo�;and atisigns of Lendcr und Borrower,xubject to the pn�visionx of
<br /> `'9� parugraph 17. Borrower's cavenunts and ogmementx shnll be jaint und xeverul. Any Borcower who co-,ignx th�x Security
<br /> - • Instrument bul dces not execute the Note: (U)Iti CO•signing this Security Inxtrument unly to murtguge,grant�nd ronvey thut
<br /> •'' Borrower R interest in�he Property under the tcrms af ihis Security Instrumen�: Ib)is not persunAlly abligAted to pay the sum�
<br /> �'` secured by thia Security Instnimenr,und lc)agrecs thut Lendcr und uny rnher BoROwer muy ugree to ex�end,modify,forbcur
<br /> �^----�.''� or muke any accummodationa with regard �o the terms of�his Security In�trument or the Nate without thut BorrowerF
<br /> --_--�_ consent.
<br /> _.._-� la. Loan Charges. If the loun zecured by �his Securi�y Intitrumem is tiubject w u luw which tieix muximum loun
<br /> ------� charge4,und thut law is�nully interpreted so thut Ihe intere+t or other loun churgeti collected or tn lxe collected in connection
<br /> =�� with the foan exceed the permitted iimi�s,[hen: (ul nny�uch laun churge xhuii ix rcduccd by Iiie a�uuuui ucce..uiy tu iedu.:e
<br />,.�a'«::� � the churge to the permiued ifmit;und(b)uny sums ulreudy collec�ed iiam Bormwer whirh exceeded pem�itted limi�s will be
<br /> --"'`� refunded to Borrower. Lender muy rhooxe�o mnke thi+refund by reducing the principal owed under the Note ar by muking u
<br /> � � direct puyment to Borrower. If u refund reduce+principul.�he reduction will hc tneuted u4 u puniul pn:puymcm without nny
<br /> =�'g prepayment churge undcr�he Note.
<br /> -= 14. Nollees. Any notice to Burrower pravided for in thiz Securiry Intiuumem +hull be given by delivering it ��by
<br /> --'z-='�'Q'�"i� mAiling it by first clu�s mufl unle+.opplicuble IAw rcyuircs urc oi unothcr mcthod.The nwi��c xhall bc directed ro the Pmperty
<br /> --------- Address or nny other uddrexs Bormwer dexiµnu�ex hy noticr�o Lendcr. Any noticc to l.cnder xhnll he given by fint rluss
<br /> �"'� mail ro Lender's uddre.r•s��uted herein ur uny other uddrcs+Lender desiFnutcs by nolice tc�Horrowrr. Any notice�rovided for
<br />��::`:.:• •,,...
<br /> �`_-`--��.� in thir Securiry Instrument shall Ix dccmed �o havc heen given �o Borrowcr or Lender when given ur provided in thir
<br /> —" ��w+=,� part►grapb.
<br /> �"`�''�"�' lS. Governing I.ew; tieverability. This Security Imtrument .hall bc govrmcd i►y f'rdcrul luw and thc luw uf the
<br /> �-�u�� jurisdietion in whieh the Propeny is Ic�cuted. In thc evcnt thut uny provi+ion or clau,e oF thi,Securi�y Imtrumrm or�h�Note
<br /> - canflicts wilh uppliwble luw,x�kh contlk:t.hull nut uffer�nthcr provi�iunz uf thi.Sccurily Imtrumem or thc No�r which con
<br />���=-�'`"•`- � be given effect without the contlictin�e provision. 7i►�hix crnl thc provirion�ut'�hi�Sccurity Imtrumem and�hr No�c ure
<br /> ��`�`'°�� - declared to he severable.
<br /> =a-=��"��',� 16. Barrower's Copy. Borrower shull ix givrn one confornicJ ropy ol'�he Nu�e and ot'�hi�Suuriry Instniment.
<br /> =��� ., l7. 'I�ansfer oPthe Property�r o Beneficiul Interetit in W►rrow•er. If:iU nr any pan of thr Pro�xny�ir imy interext in
<br /> -� it is xold or lransferned(or if•r beneficiul interc,t in Borrower i.+old i►r tn�n+frrrnd unJ Bormwer is nut u nu�ur•rl�xnon)
<br /> -,;�''y r� without Lendcr's prior written consent.Lendcr may,a� itx opti�m,rcyuirc immcdiutc paymrnt in fuU of ull tiwns�ecurcd by
<br /> .�"'}'`' '' thi�Securit Inxtrument. Hawever,�his o tian xhull mn Ix cxerciscd h l.endcr if exerci.c iw rohibi�ed b federul law as iif
<br /> ��-_'.� Y P Y P Y
<br /> �=-�•:Mi��: ' the dute of this Securiry Inxaumem.
<br /> '�°r":fYs4„#dr . If Lender exercixcx thix option,I.enJer�hull give BorroHrr notice of ucrrlcration. Thr nuticr+hull provide a periud of
<br /> :�::=-•- -:-.....
<br /> �-.�;;., : , nut les,thun 3Q duys fn�m ihc Ju1r thc m►ti�c i.dclivcrrJ��r muilcJ wilhin�vhich Harru�vcr mu+l puy ull tiums,ccured by this
<br /> `�;Y;;;,,:;,;�-•�Y , Security Instrument. If Bormwer 1'uil.tu puy ihru ,ums prior�o the rxpiriuion ul'ihis periai. Lender muy invoke uny
<br /> �w remedie�permiued by this Securily Instru�nent wilhoul 1'unhcr noticc or�kmund un Borto�vrr.
<br /> �;r , l8. Borrower's RiRht tn Reingtate. If Borruwrr mrc�+ cen:iin rimdi�iun.. Hurn►wrr +hull havr thr right to havc
<br /> - , enforcement of thi� Secunty histnimcm Ji,con�inucJ :it an�•timr priur tu�hr rarlirr ul: I:u S d:iy.I�tt�urh :Nher�xrial u�
<br /> ':�:f'�:r ,;;r,:, Sfugl�Family••Fxnnle�1weiFreddlr\luc 1'\IFI1R�11\�IRl'�tE\7••l�mwm�t'men�xu. 4/q11 qw�r�•J��/4 p�p�•.�1
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