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<br /> c,a�deiwuWlw�a ahet ukin�at�ny p�et d�Propday�ar far cnnvsy�nce ia l!w d cond�wtloa w Irnby�wd
<br /> . �11 bo prk!lo laader.
<br /> in the ovem at a toul t�kin� of!he PropeKy�Ihe aed� �h�ll be �pplied w �ha wma brurrJ by thb 9awity
<br /> lo�l�umont.wbaher a'not Ihon due.with�►y oxcer� lo&xtawer. In tha avont af�{w1W Wcinj at thep�pen y In
<br /> which Ihe fair rnuice�v�lue of�he Piroperty lmmedirtely 6afaro rho��lcin�I�eqwl ta�r pro�ter�hui the un�unt ot t(ir wtn�
<br /> exund by thiw 5ecutity In�umcm immaliwtely befa+e Ihc�lukin�,unk�Bcwmwer aad L.ondor wherwiio�j{roe in writfnx,
<br /> �ho�um�r�ocu�d by thin Sxu�ily In�trument chdl Mo roducod by U�o wnauM oi tho�ce�d Q muU�pliad by�ha fdbwin�
<br /> frACtinn: (U ihe tcxol amow�t of tho xum�secured immcdlately 6cforo Iha�dcing,dividod by(bl tho fair morket vdua af Ihe
<br /> Propcny fmmedinuly bofaoc �hc ukin�. Any balonce choll bo paid to Hcxrowcr. In tho event of A paiiol wkiny of tho
<br /> Propeny in which tho fair morket value af Ihe Pmpeny immcdiwtely bofom thr�wlcin� is le��han the wnount of the sum�
<br /> soourcd imme�iwcly beforo tha taking, unlesa BoROwer wid Lender WherwiRC Agrce in writing or unlesA appilcablo Ipw
<br /> �- otherwlso providea,lho procad�shall be Applied to�hn sums secured by thia Securlly Instrumom whether ar not the sams are
<br /> then due.
<br /> If Uu Propeny iR abw�doned by Barrowcr,or if,after notica by l.ender to Horrower that the condemnor uffcrs to make
<br /> an nwnrd or�settk a claim far damages,Borrower fi�ls to respand to Lender with(n 30 dnys after the date tha natice is given,
<br /> I.ender is authaiud to collect und opply the proceeds.at ita option.eithar ta rcstoradon or nepuir of�he Properry a to�he
<br /> suma securcd by this Secudty lnstrument,whether or�ot then due.
<br /> Unless Leadcr and Bomawcr dhe�vise agree in writing,any upplication of proceede to principul shall oot eatrnd or
<br /> postpone the due dnte of the monthly payments refemed to in pars►gmph.c 1 and 2 or change the amount of such paymeats.
<br /> ll. Bomower Not Releas�d; Fbrbcaraa�e 8y I.e�der Not A WAiver. Extension of 1he �ime for p�ymen� or
<br /> modification of uxionization of the sums secured by�his Security Instrument grnnted by I.ender to uny successor in�tercst
<br /> �•, ���' of Bonower shall not opemte ta release the liability of the orlginal Bomower or Bomawer� successon in interes�.Lender
<br /> `�- , .4 a„�;� shall not be reyuired to commet�ce proceedings against any successor ia interest or rcfuse to extend tinee for payment or
<br /> ' otherwise madify amortiza�ion of the sums secured by this Security Instrument by rea.on of uny demand made by the ori�ina!
<br /> 's'•��� •� 8arrower or Bcxrower�successors in interest. Any forbeA�ce by l.encler in exercising smy dght or reme�y shalt not be u '�
<br /> r:,�;��.�t ,. .: . . . . ,
<br /> ���",+����:y �. . • . �� waive�of or�ecl�de the exercisc of uny right ur remedy. •
<br /> '�}�:'�'`� �•;'`' ` . • � 12, Suaressors wnd Asxians Bound;Jpiat And Severel I.Inbllity Co-siRners. The covenants;�nd agreemenls af�hls
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<br /> i��'�•t•;'���' fY. ���` '. `�'���;•.�, Sccutity In.guument xhall bind and t�ne�it the successors and ussigns oT Lender and gonower,subject to the prpvisions of
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<br /> ,,, , , f.;ti.��}P� .• r pAlugraph 17. Borrnwer',s cavenunls and agr�eemems sholl be jalnt nnd severnl. Any�orrower who co-signs �his Secudty
<br /> ; • • ..�n"�� ��t.�'
<br /> � ,,�e�r.,�l,e•:,• . Instrument bW Juas not execute�Ite Nate: (A1 is casi�ning this Secu�lry Inxtrument only tn mortgoge.graot and convey that
<br /> ���,�t'�;.t •,�,d,:��'��'�,� � BoRawer 4 imereat in the Pro � under the terms of�his Sccurit In�lrument: (b)is na rsonall obli oted to a �he sums
<br /> �_ , r , .r;� �� �,, �a. , i� Y Y P� Y � P Y
<br /> -• � �.�: ,.' secured 6y thi� Security Instrument;and(c)�grees�hat l.ender and tuiy other Borrow�er muy agree to extend,modiFy.forbear
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<br /> '�f;����.t-� ar make ony accommodationti with regard t�the terms of this Security lnctrument or the Note without that Bomnwer�s .�
<br /> ..,t� ���►• :i�, k�''���i,S' consenl. ,��',,�,,,
<br /> '"1,�� '' '�� `���'1-�'"' � '" !3. l.o�n Clw�es. If the loun secured by thi, Securiry Ins�rument is subjec� to u law which sets maximum lonn '
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<br /> �,::;�,;'�.t , ,„ . � churges,aM thsa iuw i.lioa�ly imerpreted so t1w�the iaterest a�w�er iann chur�es caliectrd or to be wUer�ed in cc.nnectiao •
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<br /> . ;•..�, 'with the lcwn exmed Ihe p�:rtniued limits;then: lu►any xuch taan rharge shall he reduced by the sunou�it necessury ta raduce
<br /> '• � the charge to tPk permiucd limi�:und(b►any sums nlreudy�rollec�ed frmn Bormwer whYrh exceeded�ermitted limiag wldl be
<br /> '� refunded to Borrower. Lender ma cha►,e to muke thiti refund b reducin Ihe rinci al awed under che\oQr or b nw{:in u
<br /> ;. ' Y Y � P A' Y �
<br /> •.or.�. . - ,� direct puyment w Born�wer. If u refund rcduces principal, the rcduc�ion wiU be treated Ax u puniul prepaymen�a•ahaut any
<br /> • � � pmpuyment chs�rgc undcr the Notc.
<br /> "�. : ° 14. NoNcee. Any nMice�o Borruwer proviJeJ titt in Ihiti Sc�urity In.lrument shull he given by delivering i�or by
<br /> , ' muiling i�My fir�clu.�muil unle+x upplicuhk luw rcyuiR.u.e uf unuther me�hcxl.The nntice shull t+e Jirected to the Property
<br /> .. '" � � Addne�+or any ntlkr�dJRSS B�irrowcr dr,i�nut�ti by notice li�l.cndcr. Any noticr to Lcndrr�hall lx given by fint clusx
<br /> ., ..,,. , muil tu l,rixler.addre.�+tuied herein or•roy uther•rJJn..LcnJer Jr,i�nu�r�by nutic�w B�xruwrr. Any notire provided for
<br /> •° in thi� Seruray In,lrumrnl .hull i+r dremeJ a� huvr Fxen Eivrn�u Bo�r�iwrr or Lender wfkn given u� pmvided in thix
<br /> .. �,. ',� purugruph.
<br /> �: � IS. (io�erniog I.Aw;Severubility. l�hiti ticcurity In.�runxnt .h•rll I+r �o��rrnrd N�• frderul luw und thr luw of the ;,
<br /> •� ,. juriuliclion in v�hich�he Pnipcny i+I�xa�eJ. In ihr rvent that any pruvi,ion or clau.�ul'�hi.Securiiy Inr�rument or the Note
<br /> .�.� �• , . . . rnnflicl�with upplicnble law..urh runllic�.hull nin:dleri�►ther pmvi.ion,of�hi,Sccurit�� Im�rumenl�ir�he Nute which cu!:
<br /> ; ; : . , . be Fiven effect witlwut dx conllicting pro�•i�ion. 'M thi. rnd �he provisiun�u(�hi.Srrurity In,uumem nnJ the Nwe a�
<br /> � declarrd to be.e�•crablr.
<br /> - i ., .. -• - 16. Qo��ruxrr'+Cup�. Horruwcr+h�l�ix�:i�ru unc cuidu�u�rd copy ul'thc�u�r anJ ul tiii,S.tiuriq{n.trumcnt.
<br /> 17. '1}ansfe�ut the Prnperh or u Beneficis�l Intcresl in BnrroWer. If all or um•�an at'thr PmExny�ir un�in�cre,�in
<br /> � � i� i..old or�mnd'erteJ lur il'a Ikm�lirial inlere.t in R��rt„wer i..old or Irun.trRrJ and Horroaer i� not �naturul �r��ml
<br /> ' „ wilhout LrnJer:prior wriucn ron.enl.I.rnJrr mae.a� il�upiiim.rcyuirc immrdiale paynuot in full uf all >um.ucurcd by
<br /> � ' ' . . thi.Securily In.trunknt. II�►w•���er.�hi,„ptiun,hull nn� I+e�tercikd My t.endrr it�rrrrci.r i.pmhihfted by federnl law u�of
<br /> ' -,,, thc d•rte of�hi� Scrurit}�In.trumcm.
<br /> ' . - If Lrixier ex�rci,r+thi.optiun.l.ender�hall�ive Horroaer n�nire al':icceler:ni„n. The n�►tirr.hall pru�•ide ai�xri�xl of
<br /> ��� N � • � nix le��thun 41�:�y,fram Ihc Ja1r Ihr na�irr i.Jrli�errd��r mailyd��ilhin��hirh N��rrow cr mu.�pa�•:dl.um++ecurrd M1y this
<br /> �• , . S�tiuri�y Inxtmment. If Burruwr� Giil, tu pay thr.c wm, pn��r w Itx r�pirauun ��I thi, �xri�xl.LcnAer ma�• inval;e �ny
<br /> ��'��' rcnxdie,�rmitte�l hy Ihi�Sccurin•Imlrumcn�withoW 1'urlhcrnotirr ur dcmand�a�Bi,rri���rr. �;`
<br /> S� ` .. � IS. Horn�Ner i RiRhl to Rrimlute. 11 liurr��wer nu.t. rertain r�mduiun.. florm��r� .hall h:�vc thc right to havt
<br /> 1 ' ' � eoforcrment of�hix�ruri�} In�trumrnt Ji.rununurd at an� iimr priar�n thr�arli�r„f: 1:u S J.��.i��r.urh uthrr�cri�xi a,
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