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<br /> Qwl fID�pfIR01'60 rOQll�l��Y�1�10 Op[�011 O��.R�I�l�.��11101i�l�0�IWI�COVOrY�O( �I10Y1���� .
<br /> tlrtc� n�qulra)provided by oa inwr�or�pprr�ved by l,adee+�lu beooma avdW�le�nd�obWned.Bor�ower ah�tl P�y
<br /> tYe propilusu roquirod W aMiauin murt�e inwnnoo fn a1Q'oct.or to pc�avl�e a 1ou raerve.uatil the roquirana+t tar�ort�e
<br /> ia�utiwe ads in�witb�ny writ�m�roeiarmt bc�v�een 8onpwe►aid l.ender or�pplic�bb I�w.
<br /> !./�p�cllo�.l.e�der or its�peiM np�y caAlte t�b�e etnrka upon�od fo�pxtioiu of Ihe Propaty. Leodet�iWl�iw
<br /> Borrower ndkx ut�hc timo af or prlor w�n inspatk►+�q�paii�ta�{roaW�able cau�o fix the incpa'tbn.
<br /> 10.Cvnda�tlo�. Tha pnocoed�of�ny�wud�or�ciplm_.for„dqnuyea. dinct or coasequaKid�!n oonnectlon wlth auy
<br /> oor�demru�tktn or athar ukiap of aay pat ot tho P�operty�or tar can'�oY�noe[n lieu af conOarvWion,u�e henby wi�nal'�qld•
<br /> Y�tl ba p�id w l�'.
<br /> In thc eveat of a tolwi tuking ol thc Pm�crly,tba p�ocoedu s1W11 be applied to�he wrtu�oarad by tbi�SaCUri�y 1nsWm�ent.
<br /> whqher or not thcn due, wt�any cxca�prW to Bnrrower.In�he evcnt of a putitd takin�oP the Proppr4y.in which tbe fair
<br /> nu�rkq vdue of tha Property immadiuta�y bafwr tbe plciaQ i�eq�W W or Q�r�han the unount of U�a q�m��ecurod by thit �
<br /> Security 6Wrumau im�rbdiately 6afor�1do toking. unlcx+�Borrower and Lcnder otUerwise�groe in writing.the watn►recured by
<br /> thls Socurity Inurwnent �ha�l bc �oduood by t6e amwnt of the prooccd� multiplied by the fdlawiug fr�ctioa: (a) the wtal
<br /> arnount of the swn�cccurod imtnodi�tcly beforo tha�►king.divided by lbl the i�r mtrica value oP tbv Prv�eMY imnediate{y
<br /> beforc the tak1�. Any 6alpnce shall ba paW W Bonuwor. la the evrnt of a p�rtid 1ai�in� ai�he Propc�ty in whkh the fdr �
<br /> nwlcet vduc oi�he Pmparty immediatcly befar the wking ie leas th�n the amount of the wma secured lmmediately beforo ttw
<br /> WcinQ.unls�Bormwar ud Ir�d�r wharwlse a�rec In wcit�ng or unlecs applicabk I�w dtierwice peevWes,the pr000edr�hall��
<br /> a••: be applied ta tbe cums cocurod by thia Secu�ity Ia�tRUment wl�olhar on oot the suma an tl�en due.
<br /> ,� If tha P�opcety ia�benciaied by 9orrowcr.or if.aPoar�wtlae Dy Lender to Borrower lhat the coridemnac of1'ors w mdte�n
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<br />� �' = - awpM or�atts a claim for darosga�. 8ormwcr failx w ne�pix�d W i.endc� wlthio 30 days aRer the dwte tho iwxice s g ven�
<br /> ti��", (�C�dC�Is a11�bOtiZCd IO Co11CCl YI�apply tha�IioClOdA.�t itx o�tia►.oiU�er w�e�tont�on or rcp�ir oi U�P�a�i�r ot to tl�w�m
<br /> ';��' Recvrcd by d�s Secudry Inctrumant,wfbWer or not than duc.
<br /> �}'��:;,'� , q. �� Unlass Lendcr and Bprrower otbarwiRe agree in writing. anY apPliration of procada tu principAl shell not exta�d w
<br /> r .� po,slpAnc ti�due date of the monthly payments rcfcrred to in para�apha 1 xnd 2 or change 1ha amount oE suoh p�ymmts.
<br /> ',�t; 11.Barrower Not lteleaced;Far6earnwce BY I,eMer Not a Wniver. Ex�snsfon of the time Por paymonl�oc modification
<br /> i i ;S of amortization of!he sums sav�ed by titiA Security tnstrument granted by l.cnder W nny successor in interecl�of Bonnwer sholl
<br /> '�.�� not operat�w nelease the liabllity of th�original#�x++ower or Purrower's succa.�u+s in inte�st. Lender shall not be roquirod w
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<br /> ,N�':,:;,;n ' comma+ce Qno�ecdinge t�ainat any suacessa++in inte�+eet or nefusc W eateM time for payment or otherwise modify amartjxatia►
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<br /> �� of tha sua� secu�ed�by tbie Security Instrument� by rca�a+� of any damand rtwde by the original &►rrower or mower s
<br /> ��� su�sors io iooer�¢st- My Sorbcahnce by L.ender,in,aKAt�ciaing�eny�right or remody shall not be a waiver of or p�cluda t!�
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<br /> �'-=� e�rcise of�ny r1Abt or oemedy.
<br /> � "•� 12. �a��MssiQns Bound;Jolut aad SeverW Uqbiltty; Casigner�. Thc rnvenants and agroements of this
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<br /> � .�+fi•'� .=�- ::,•"<:-'� Security l�Fttvment shull bind and bunaPat tha successors end assigns of L.ender a�d Burrower. subject to the provisions ot
<br /> � ,�c='';;..�f.��'�" paraBraph 17. Borrower's covenanls und'ag�ementa shull be jaint and severui. Any Bornower who co-signs this Security
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<br /> ?�• ,. ,. ^�.�...�s�• lnstrument but docs not exacuta tha Nmd: (a>is co-aipning this Security Instrument only to matgage. grant and wnvey that
<br /> '��`"'`t�'•'n''°'•°'°�'' ' Borrawer's intcrest in tho Pmpeny under the terms of'tbis Security Inctrument;Ib) is not pe�nally abligatad to pay the sums
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<br /> ���! ,:.�;,,�•.:°;,:,��•,ti.n: secureil by this Securiry Instrumenit nnd lcl agrees thut Lender iuxi any uther Burcower may agree to extend,modify.forbear or
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<br /> • ���:'°� . '��,.,, rtwke any uccammodationr;with regard W d�e terms of this Security In�trument ar�he Note without that Borrower's consent.
<br /> ~t�" � . ;''�.�;�:'?,=: ::=�r+;;�; l3.I.00n Churges.If the loan.secw+ed by this Security Instrument i+subject to a law which sets rtwuimum loan charges,
<br /> 'f����'�'" '"'„„, and thnt law is finally interpreted tio that the inten�l or other Ic�an ch•rrges rullected or to be rnllected in ounnection with the
<br /> �'`��'''��� ` '� ' loan eaceed the permitted limitd, then: (a)any such loan churge shnll be reduced b�� thc um�unt necessery to reduce the charge ���i,.
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<br /> •; ���• � ' ' to the pemtitted limit:and ibl any sums already callecteJ frum BoROwer which eaceeded perniitted limits will be refuided to .��,:�
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<br /> _���!�� •,;:�,,.,4 Borrower. Ixader muy choose to mwke this refuad by reduring the prinripal owed under the Note or by making a direct
<br /> r,.l';�r;, ' � •,,•�«,' ment �o &�RUwer. If a refund reduces principal. the reduc�ion wi�l be treuted �.c a panial prepayment without any
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<br /> ��. � �••• ay, prepayment charge under►he N�te. ,,
<br /> 1�-: , �=�'.�:='��:�'.�". 14.Notic�.w. Any notice�o R��Rnwer provided for in this Security Instrumcnt,iull Ix Fiven by delivering it or by mailing �.
<br /> ` � " . ' it by first class muil unless upplicablc IuW� requires uze af annther methal.The naire sh�ll be directeJ to the Propeny Address "' �
<br /> �" � Y, or any aher addre,s Qorrower de�igaate� by no�ice tn L.endcr. Any nWice ta l.ender xhall be given by lirst class mail to
<br /> '��±..• ' '�,,,. ' l.ender's address xtu�ed Ix�rcin or uny other adJrcx� L.�ndcr dr�iFnatcs by nu�ire�o &►rrowcr. Any notire pmvid�d fi�r in�t»s
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<br /> ��;��•_ •• .;',,;„: .,. ,:;�� . • - Security Instrument�hull be d��emcd to have tx.•cn given to&irrower or lxndcr when gicen as pmvideci in this paragraph.
<br /> " A"�>�t",'' I5.Governing law; Sevct�bility. This Security Inytrunx:n� .hull lx� g��vcrneai by fcderrl law and the luw of the
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<br /> � �- ���"y,•_.;. , jurixlic�ion in which the Propeny is I�xAteJ. In�hc r�•ent thut uny prm•i�ian��r rlauu of thir Security Instn�ment or thc Note �'4,
<br /> conflicts with upplirablc luw,such c�ntlict vh�ll mn affert o�hrr pr�wisi��m nl'thi.Srcurity Instrument or thc N��te which cun be
<br /> '� ; �'� � '• :r�'., given effect wi�hnut thc runflktin�t pruv3sion. To this erxl tlk provi,iom of thir S�:cunty Intitrumcnt and the Nae are d�rinrcd
<br /> '�}> . � �;';"� to be severablc.
<br /> �'� . ��1.•,j� 16.Borrower's Copy. Bnnower�hull tn given�mc runfurm�ti r�►py ul'thc Nae•rnd uf this Security Instrument. 4.
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<br /> ���i�,J . ':~�. � ,�';ri Fam 30�8 8190
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