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<br />= a� � .; e�undetnnattoa oratl�t�ing of eny p:ut a�th�Fc�oFertY•or fos coaveyMCe ur tieu of ccndomnatia�n.ana Reteay essigned aa�1
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<br /> � � - In ths evmt of a mtal�of the Ptoperty. e mpceeds-shall be applied w.!de sum�secured�y thig S�itg�- -- -
<br /> ---_-- — Ins�nunen�wheiher or nat then due.with aayr excess paid to Homower. Io tIte iavent of a partia!mEc1n�of the F�oper�y in -
<br /> - � ahich th$fa;r m a r k e t v a I u e o f t A s Praperty i a u a e d i a t ely b e f o r e t Il e taking i s equa[to or g i e ater than the amouat of thia surr�s
<br /> - - - sawed by this Secucity Iastnun.ent�mnaedia�iy befoce tlte taking.�mfess Eonotiver aad Leader othenvise�gree in writing� —
<br /> - - the stuas seeu�ed bg tIIis Secuaity Insaumeni sttail be�iuced Dy the amoun3 of tha pmceeds muItiplied Dy the fotloaing = -
<br />- - -- fras�on: (a)the total amouat of tbe sums secured immediately 6efnre the teking.divided by(b}the fair m�nrket vatee o8the
<br />� �P�Y��Y before the taking. Any 6atance shalt De paid to Bon+awer._!n the event of�a panisl�g oY the =
<br /> �,; P�opatt�,�in whkA We fair.maitcet value of tIle Pt+opertg immediatety before tt�t�kin�is tess than the amo�nt oY the swns . - ---
<br /> - - __-- - ___ - - �
<br /> - seca�e�imsaedi�ety 6efo:e the[aking.aniess�ozmwer aud fxadrr otherwise-�ee-in v�rit�g as mdess ag�sabic daw--� -. --- __ . .
<br />_ ��pmvides.dte pmceeds shail be applied to ttue sums secured Dy tisss Securiry Insuument whetser or nat the sums ere
<br />� If the Praperty is abaadoned Dy Borravrer,or if,aftes notice t�y Lender to Borrower that the coademnor offers to�natce �
<br /> sa awaid or settle a ctaim for damages,Boaower fails ro respond to Lender wittin 30 days after the date the notIce is given,
<br /> -= Lender is suthorized to wltect and apply the proceeds,az its apti�oa.eitl�er to restoration or npair of tt�e prape�ty or to the
<br />�:� sums secured�y tttis Security Instn�men�w�edner or not then due.
<br /> � Unless Leader and Bomuwer ottteTwise agzee in writing,aaY apPlicatioa af pcooeeds to prnuipa!shall not extend ar
<br /> -.,,_ . � = � postpane the dne date of the monttilY paymsnts referce�l to in paragraphs 1 and 2 or c6ange the amovnt of suclrpaymeats.
<br /> ..k,. 12. gonmver Not RetPa9ed; For6earAnce Bq Lwtdee Noi n Waiv�: Exrension �f the tuae for payment or
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<br />__ � ;,�,t��. madification of amorti7ation of the snms sec�ued by this Security Instivmeat granted by l.ende�m aay successor in interest
<br /> - ='�•-�•�•�' of Bor�ower shall aot operate w�etease the liability of the original Bomower or Borrowers saccessors in inte�+est.l.ender
<br /> `�`,' :.--� . ' shall aot 6e:equired w cflma�pm�din&9 against Y P Y��
<br /> _� ..,�����i*� an successor in interest or refuse tu extead time for a os
<br /> � :5,,.;...: . .:., : odteia►ise matify amortizatioa of t6e snms secured by this Secwiry Instrumeat by re�soa of any demand made by the origiRal
<br /> ;, . � ° Boriawer or Bomower�s successors in interest. Any fo�earance by Leader in exenLsing any nght or remedy shall not be a
<br /> - �J.`:'_ ::'�-.: •' .- wa�verof orpnecIude theexercise of any right or mmedy.
<br /> ��.-,�-�r.:�_�;.� � 12. Snoe�sois and Assigns BounQ;dotn!aad Severa!Lfabtljty.Co�sIga�s. 'I'�e covenants arcc�ag�nents of this — - -
<br /> �����' � � S�Insuument s�all bind and benefit tRe saccessojs and assigns of Lender and Bonuwer.subjeq w the provisions of
<br /> _ . >.; _ ,:._ ,
<br /> c;•,,,�,: �.� . pa�h I7.Bomower�s covenanu and agreements shall 6e joint and several. Any Borrower who co-signs this Sectuity
<br /> ;; �:�;-' tns'�ument�ut daes not execute the l�tote: (a)is co-signing this Security Inswment oaly to mortgage.gr�mt and rnnvey thai
<br /> u•� ° • � � - Bolrowes�iaterest in the Property nnder the temss of this Sec�uiity Insttument: (b)is not persot�ally ob2i�,�d to pay the sums
<br /> �..
<br /> ; . se�.vied by this Se��uity Insuumen�and(c)agrees that Lender and any other 6orrower may ag�ee ro ezta�l,mod�fy,fa:bear _
<br /> ='� . �� � `. • ur�ma[ce any accommodatioas wif��egard to the temts of this Secunty Instrument or the Note wi�ut that Bomawer'�
<br /> . :.:�..;:f•��;'.{��,'� consen� :
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<br /> - „�;;_�,:�;.�r:3�t�;�=' 1 3 L o a n C h a r g e s. I f t h e[a a n s e c u r e d b y t h i s S e c n ri ty I n s t i u m e n t i s s u b j e c t t o a l aw w h ic h sets maximum loan
<br /> ���,��5;�;;5�r;`; , charges.aad thaz law.'as�[[y i�ecpmted so that the interest or other loan charges collected or to be coltaeted in connecdon
<br /> � ,�•;,,,,.;�.::::;::.: �....�_' w i t b t h e l o a n e x ce e d t k e p�m i t�e d i i z n i t s.t h e a:.�a)a q y s u c h l o a n c h a r g e s h a l 1 F x r e d a c e d b y t he a maune a e o e s s a r y to reduce
<br /> �9 �•',�Z;*..�:• . the chazge to the gem�itted iimi�and(b?any sc�.already collected from B�+uwer which exceeded posniued limits will be
<br /> `:�:';'•'.� � � .: � refuttded to Borrower. L.ertder mx�ycit.00se to mzQce this refimd by cedacing the principal owed under the Note or by�nakiag a =�-
<br />- . . _� . _ clitaoct psayment to Bomower. If a�ind ied'aces principal.the reduction wiU bc treated as a partial pmpaymsnt w�tho�st any ��';_:.'_s=�-==--
<br /> ' `� ` � prepa�eat charge under the Nooe: t`�-=
<br /> _ .;.�.:• "��,. . :�a.�y-�,��.�
<br /> � t4. NoHoes. My notice to Borrower p�s�Tded for in this Securiry lnstrument shall be gives�by deiivering it m by ; �.�;ir��_.
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<br /> _� _. � ruailing it by first cIass mail unless appllcable i�Q.rr requires use of anothet methad.71ie natice shaU be diieaed to the Prope►ty. - •• -�;,,:_..._
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<br /> ..•. . Address or any other address Borrower designates by notice to Lender. My nouce to Lender shalt be given by first class . '`��'��-:_
<br />_ � mait to Leader�s address stated herein or any other address Lender desig�ates by notice to Borrower. Aqy notice provided for � , •;��� '
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<br /> �;', ,.� � in this Secwiry insuument shall be deemed to have been given to Borrower or Lender when given as provided ia this ! _���r,��:;�.-
<br /> ,� �;. '. . . paragraph. .;,":`t�<<,�� =;;
<br /> � . •� 15. Goveraing Law;Severability. This Securily Insuument shall be govemed by federal taw and the law of the �.`��... �: _
<br /> ? ' . jutisdiction in which the Piroperty is located. In the event that any provision or clause of this Securiry Insttument or the Note :'.;'�.� '�`�--
<br /> ' conflicts with appficable law,such conflict shalt not affect other provisions of this Security Instrument or the Note which can ,;�::, ::' �`�
<br /> . i� �� ° ' be given effert without the conflicting provision To this end the provisions of this Security lnstrument and the Note ar� � ��;,_,,-�. �<.,>
<br /> '' - declaro�to be severable. �`..'�:",��'• �-• .
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<br /> ; ` Yb. Borrower's Copy. Horrower shali be given one canf�rmed copy of the Nore and af r�is Securiry lnstrumecu • ��,�:;� �' ',��,;.
<br /> ' � I� 'il�ensfer oY the Property or a Benefictat Interest In Borrower. 1f all or any part of the Pmpe�y or any inteeest ur :1�=�• :, �.. _
<br /> 'a• � it is sold or transferred(or if a beneficiol imerest in Barrower is sold or uansfermd and Borrower is not a natural person) � ' : ,.�k{ - ••
<br /> ''`'' ' without Lender's rior written consent.Lender ma at i�s o tion.re uire immediate a ment in Cull of all sums setured b . .,� �;{1�`:�'.'• Y
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<br /> • . �: ,,•_�4r.,t; this Security Insuumen� However,this option shall not be exercised by Lender if exercise is prohibited by federal law as of ;'.i�;., _ :;";
<br /> ; :,�.,;<'.�5:%;'� ihe date of this Securiry Instrument. .,:+.y`;�p'- °
<br /> �'•`�$'�'+� If Lender eaercises this option,l.ender shail give Borrower notice of acceleration. T[ee notece shall provide a period oi � ,: '��,��,��" ,+ ' �
<br /> ' �,�=�..:,;.�t•� � ;�.1;�:... '<; .�-
<br /> ,. . � nat less than 30 days from the date the notice is delivemd or mailed within which Borrower must pay rall sums secured by thig . ;.,
<br /> ��'� •=° - - Security Insuumer.e. If Borrawer fails to p3y these sums prior to the expiration of this period,I.ender may invoke any �•,;•`;�"�.'j:
<br />',�� 'r� , � • namedies pennitted fry this Security Instrument without further notice or demand on Borrnwer. • �''�;`� �, ���L��
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<br /> _°;� {.��_ � � ,. gffi. I�ars��a's Rigdt to Retnstate. If Borrower meet�certain conditions,Bormwer shall have the right to hav� ';�•' •
<br /> y,•,t�, .�, enforc�rr.ent of aI:is Security Instrument di.r•cantinued at any time prior to the earlier af: la)5 days tor such other period as . ��,��:• �
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