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<br /> ca�dem�,fltlun ar a�l�ettalcin�of�ny part of the Ptopotty.or for canvoyw�co in Uau atcondamnstion.ur�reby�uiQnedad
<br /> Nb�l1 ba pnid w Lenda.
<br /> la die evex�t o!� wW.akin�of the Praperty.�hep eed� rbdl be applied a the aume �ecurcd by thiM1 SecurYy
<br /> Inehwr�nti wl�tlur a nd tha�due.wi�h any cacew�paid w Bomawor. In thc cvont of a putfol WcinQ of the Hnpany in
<br /> whkh tl�e fidr nwrket value of the Property immedlr+tely bcfa�c the Wcing is oqual w or grcater thun the�rtwunt oP tlie aurm
<br /> cecurtd by this Sautky lnsuummt immediately before the udcing, unloss Borrowcr and Lender W6etwise agrce in wriling.
<br /> Iha sum�secu�+ed by dds Sxu�iry Imtrument�hrll bo neduced by the wnount of theproc�s multiplied by tlw followinQ
<br /> fraction: (a)the tdal unount of Ihc suma socwed immediately bcfane the leking.divided by(b)tiws ieir market valuc of the
<br /> Pmperty immedialely befaie the taking. Any balu►�:e shall ba puid to B�xrowcr. In tho cvent oP a purUul tak(ng of tbe
<br /> Ptqnrty in which tho falr market value of the PmpeRy lmmediately before tho loking is kss�hun�amount of ttic sumti
<br /> cccw+ed immediAtely before the taking. unlcsa Borrower+ud l.endcr athcwlse agree in writing or unlars applicaDic law
<br /> � othcrwise pravldeo,tk procxds shall be applied to tho sums secu�ed by tbis Security Ingtrwnent whatNer or not tha sums we
<br /> Ihen due.
<br /> If the P�apcAy h ab�ndoned by Borrawer,or if,after rrotice by L.ender to Bomnwer tlwt Iha cor�demn4r offer�to malce
<br /> •n awa�d ar sepk�cidm for dunageA,Borrawer fails to�spond ro l.cnder witbin 30 days Af'eer tbs date tt�noticc is given.
<br /> Lender is au�horiud lo colkct wid apply the proceads,at its optian�cithet to nea�toration or repair af tha Pivperty or to dia
<br /> cwns secutid by thia Security Inauumrnt,whether or not then due.
<br /> n:?•;, , Ualess L.enckr and Borrower othenvise agree in writing.uny applicotion of proceeds to principnl shnll not extend ar
<br /> �` powponc the due date of the momhly paymenta rcferred to in paragmphs 1 und 2 or chnngc the amount of such paymentsz.
<br /> �� ',�t; 11. Borrower Not ReleASed; bbrbeprance By Lender Not a WpJver. Fxunsion of the time for poyment a
<br /> :'•; �moditication of amo�atian af the xums secured by�his Security Inauumen�gmnted hy Lender to uny successor in intemst
<br /> µ.y,;.. y�: ,, of Bomower shall nat operatr, to reknse the liability of 1he original Borrower ar Bomawer�s 4uccescarx in interest. l.ender
<br /> shall not be�equired w commenca proceedings ageinst any:�uccessw in inteast or refuse ta extend tima for payment or
<br /> . ,;;�'. otherwise madiiy amoeizetbn of the wms securcd by thiR Security Instrument by reuson of any damand mnde by thc orlginal
<br /> Bortower or Bomnwerk successors In interest. Any for6enwnce by L.ender in exerclsing any right or rcmedy shell not be a
<br /> " weiver of or pr+eclude the exercise of�ny right or remedy.
<br /> �`'�;� �'���"��'�':r' 12. Succe�so�s w�d Assigns Boundt Joint xnd Several Liability;Ga�signers. The covenants und agreements of t61s
<br /> '�;._.�, � Securiry(agwment s6a11 bind and benefit the successors and ac�ig�a of l.ender and Borrower.�subject to the provi4ian�of
<br /> ;�;;.; i• `.::�:<. A p�a�aph 17. Borcower's covenants und agreemeMc shull be joint end several. Any Borrower who co-signs �hia Securi�y
<br /> �«>:w;�!��� insqumem but daes �ot execute the Note: la)is co-signinR Ihis Security Insuument only to mongage.grunt und car�vey thpt
<br /> Bortuwer�interest i n�he Property under ihe temic af thiq Securiry Instrument; (b)is na personully abligated lo pay the sums
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<br /> , ' � ,,�..• :;-•Y � secured by this Security Instrument;and(c)agrees Ihul l.ender a�d uny other Borrower mAy agree to extend,mc�dify,farbeer'
<br /> �•' • ':k,� °`�.;�-r'ri�;� or make any nccommadapa�s with regard ta the term.r of.this Security Insin�ment or the Nae withouc that BoRawert
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<br /> 5,;,.,,; � � �� �:,j;,�� 13. I.a�n Charges. If the loun xecured by this Security Instrument i:.subject to u luw which sets mAaimum I�an
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<br /> cls�rges,snd ttss!la���u t7nally interprettd so lh.a!ttie interest c•r�ihe►I�.�n�ht��gPa��Ilecred or�o hn rullected in connactim
<br /> ��'•� '�• ���•'�'•`� `� � `�' ��� with the Iwu�ezceed�he pomiitted limits,then: (u)uny xuch loan churgr xhall t�reduced by�hc umount neceti+uq�to reduce
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<br /> � �.��° � ;;K, the churge to the permi�ted limi�:und(b1 uny�cums alrendy rollected from Borrower which exceeded pertnitted IimiG�will be
<br /> • refunded to Borrower,Lendar muy cl►oose to muke tbis rcfunJ by reduring the principul owed under�h�Note or by muking u
<br /> '''t' ' di�ect payment to Bortower. If a refLnd redure+prinaipul,�hr.reduction will t�treut�d u�a puAial prepuyment wi�lwut:uiy
<br /> rd1�.f�rt;.w:•a.:..:,.•..
<br /> • prepnyment charge under�he Note.
<br /> . . 14. Ndic�.w. Any nati�e lo Rom�wcr p�ovidcJ tiK in tBix Sc�:urity In�lrumi:nt +hull tx givcn b� dcliv�ring i� or by
<br /> '��'. ' moilinR it by first cla.�mail unlc.r,aM►IicuMe luw rryuin+u+e of unothcr mcth�xl.Thc nntirc.hull lx direrteJ to�he Pr��p�:dy
<br /> °•`•'�• ' .4ddrN�s or uny other widre+. 8urrow•r�dc+ignu�c+My nMire ta I.rnJer. Any n�nirc�o l.endr�tihull tx givrn My fin�rl�c
<br /> 'S muil t��L.cnder�uJdre+� �tatcii hcnin��r uny ulhcr uddre.+LrnJerdr.ignu�r,by noiir��n Horrawcr. Any n�Hice pmvideJ ti�r
<br /> `�"i°'`•`•,.'�'"�.- • in Ihi. Securily In�tnanent �hall tx Jrcmr�l k� huvr h�wn Eiven tu 8��rmwer��r LrnJcr witrn �Civ.o us pnwided in thiv
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<br /> .�,` _.' IS. (:overnlnR Lowt tiever�bNity. Thiti 5rcuniy In,�rununt .hull f+e guvcrned hy f�deral luw and ihc luw �,i �he
<br /> ;� • •. .�,e:,. :. ' " jurirdicti�m in which ihe 1'n►peny i.Incu�cd. bi the��vem�hw any pmvi.i�►n ar rluux uf�hi,Srruri�� In+trumen�ur�he Nae
<br /> ,...: > .y � C011��ll'l%WIIII A�FIIIC:IMI• luw..uch conllirt.hull m►t altect.�Uicr pn��•i.inns uf thi.Securny In.�rument ur�hc N�HC whinc�an
<br /> , :� , i�givcn cffert wilhnm the cuntlirting p���.n��N�. i'i,�hi� rnd�iu pn»i.i��n� ut'�hi� Scruri�y In+trumcnt unJ tlu N�►te are
<br /> :.,,, declared to be`evernMc.
<br /> , ,. 16. Borrow•er'sCupy. Burruwer.hull t+e�ivrn�mr cunti,nned cop�•of U�e Note anJ uf thi.Securily Insirumrnt.
<br /> _= --_-=- !t. 'llrseufrr utlhe Pro�rerl,r�rr s Bene!'fcEs!lntere�;t En Borroa•e� If.dl.�r any pun ut�hc Pn+�xrty or any interetit m - -
<br /> � ' i� is wld ur ir:u�.fern�d (or it'u Ix�nrficiul intrrc,� in Bi►m�ucr i,.old�ir Ir,m,l'rrrcJ:mJ Borrawrr i�nut u nutural penonl
<br /> •.• � + ��., without Lendcr+prior written wnxnt. LrnJrr nu��.ai il.uptiim.r�yuirc inimedialc paynicnt in full uf ull .rums.erured hy
<br /> ;�� '� - �his Securiry In.Irument. Howcrer.thi.option xholl na be exeR itieJ hy Lender it'�xerci.c is prohibitcd by federrl luw u�of'
<br /> �� the dnte of thix S��curiiy In.�rumcnt.
<br /> `; ��� If lxnde�exerci�es thi+�►ption,Len�k�.hall give Bonaw�r notice��f acc�leratiun. Th�n.�tirr,hull providc u�xrial of
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<br /> �; na Icss thun 30 day.from ihc dulr Ihc no�irr i+dclivrRd or muilyd within whi�h Barn►wcr mu.l p.�y:�u.uo,..«o�a ny�Bi�
<br /> '� ' ,�'": � Securny Instrument. It' BorroK•rr 1'ail. tu pay thr,r .um, prinr In Ihe rrpirati�ai uf�hi+prrial. Lrnder muy invc,ke uny
<br /> �r a,",`:'` Y rcmedies petmiued 6y Ihi+Security Imtrumem w•ithiwt 1'unher notirc��r dcmand i,n F3c�rn�wrr. .
<br /> � . �.�> 18. Borruw•er's Riqht to Rcinsls�te. If Bi�rn�urr n�et� ccrtain ronJiiion+. Borri���•rr �hull huae thc right tu hi�vc
<br /> x enforcement of this Securi�y In.irunxnt di�ruminurJ a� •rn� tim:priur t��ihr crrlirr��f: �:u S duy+lur.uch uth�r Fxna1 a.
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