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<br /> � .caeae�an ar aq�tc i�o�any p�t of uie Ptopeity,ac f�raonveyaAOe im ueu of c�naaanxian.�h�d�d aed
<br /> � � sh�ll be pa�id w Leader. ' � •
<br /> ' ' tn dre eveat of's tat�!'tating o€d�e Pt�ope�ty.t�p�oradc shalt be appl'�ed io tbc sua�secured b�►tpis See�tY I
<br /> - - � �eeot.wUethe�w not that du�w�le any excess p�d to Soisower. [a the cvaa af i p�tial taEi�of tt�e Ptvpast�t b. ,
<br /> which tbe iait tt�u�cet value of�die Ptopetty iumtoodi�ety befoce tLe taicing is equ�l to or g�e�es th�it the m�ouc�t o�dfe sums ,
<br /> � � sxurcd by�t6is Soc�uity tnsmu�eat tma�edi�6ely befae the talvng;�BoROwer and I.ef�der athawise agtot in vatitie6+
<br /> � the sumssecu�al6k this Sac�ly L�cament sha11 be teducod b}�4he anwunt of the pcootals maG:�pGed IsY.tbe foilowr�ng
<br /> fractioa: (a��6e totat anwunt af the sums secuned immedi�tety 6efae the takieg,d►vidad by(b�the fair m�icet vatue of ttre _. .___ .
<br /> . . prupetty immedi�tetp 6efae tite talcing. My b�taoce s�ali be paid to$aROazr_ Ia t6e evem of a pmiai tamta of the
<br /> .prnprrty in whicb�tha fair mulcet value af tbe P�upeny itaroe�tcIy 6efae the talring is kss than da�mt af tbe�
<br /> � secured ima�ed�te(g,befa+e tht taicing.mkss Borcawer aad t.ee�der ahawise agre�in writing or unias�plica6k law
<br /> ' • � � dl�awise pwides.+�e pmcads shau ee apptiea w the sums secw�+ea by u�a sa�riry Instrun�nt whetkr«na dti sa�aK
<br /> �baadue: � _ -
<br /> � If the Ptvpetry is ab�ndnned by Bonvwu.or if.after noticc by l�ender to Honower tl�at tl�e condemnor offers w rna�e
<br /> ' �t awa�d ai senk a clwn fa damagcs.Bosrowa fails o�respa�to l�oder withi»3d days after tbe dste dr aotice is given.
<br /> - Lender is aud�or'v.ed to colkct and�pply tbe pmceeds.ai its ophon,eitt�er to testoratioa ur t+e�ir of the Pta�xsty a m the _
<br /> - . sums secu�sd by this Securiry Inmumrn�,whett�et or not then due: -- -
<br /> Unless t.ender aM Harmwra od�tvvise aLetee in writing.any appiicatian of piacoeds to priticip�l sJqiO not exiend a�
<br /> -- posipone rbc due date oitbe ma�nd►tY P�Y��Rfertrd w in pardgiaphs 1 azri 2 or c3�atsge the amount of such paymmts.
<br /> 11. �rro�ec Not Rekased: Fa�6ara�ee By I.tader Nat � VYsicer.. E�tension of tT�e lime for payma�t or
<br /> modific�tiun af amortir�tionof We sums..secuted bg t6is Secu�iry laurucneRt granted�by I.ender to any s�cces;oc in inte�est � .
<br /> -- — oF Bonower sT�all not ape�ate ta rekase[Le tiabil"�ty o€the ariginal BoROwa or 8atmwer's s�sas irt intettu.Leader
<br /> _ shaU na be requi�ed to cartm�ence proccrd'uigs against any successor in inte�rst or r�Efvse to ex�rnd tim�far�ayaxnt or.. :
<br /> - otbawise modify ama�tization of the sums secutod 6y this SecmitY In.�a�en�bY�+e��€�9,�made 6y tEle otiginaE�•;�.•�'
<br /> �- Bamwa o�Bormwers sucassors in intezest. Any fafiearance by l.ender in eae�asiug�aY r�hr or rnnedy sAaii:aot bZ a.<<
<br /> — waiver otar prcclude tbe ezetrise of any right or ci�nedy. ::.... ,:�•.
<br /> - 12. SYOCasors tid/l�Board:Joint�d Se�eral L+a6ility:Ca�aas'�reooveri.�,ts and agteeaieats of dns .:
<br /> � Security Instiument st�all bind and benefit the successors and assigns of Lender and Bv�m�e��.fect.to tlu provuians af
<br /> - - � . p�agaph !7.Bomnwers covee�nts and�greementc shall he joiat.aad sevetal.Aay Ba��+r gfro co-signs tltis Secuntjr., .=
<br /> � insaunxnt bat does not execuce the Note: ta1 is co-signing this Securiry Instrument oni}to aeu�e.grmtt and canvey t6at- ,:;;',,
<br /> . , Boimwu's inten�st in tht P�opeuy under the terms of this Securiry tasuument; fb>E.�vt persanatiY obligated to pay the swns •
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<br />`, �:' ' secuned by this Security Ins�umenr.and tc)agees�hat Lender aM any od�er.Buc�rv;�t�xay a�me to extertd.madify.forheac :
<br /> - N te withwt that Bosower's '":�
<br /> . -` or malce any accommodauorts with regard to the terms of this Sec��rity 1n�:"ra�:er d�e, a
<br /> cansern. � • ::._;;•.
<br />. !3. l.o�o CAa� IF ti�e•taas�s�cured by [his Security Insuument u s�cii,�x:to:a ta� �fiich•sets mauimum toafi�"
<br /> . •.,ct�arges,aad that law is finalty intecpce,t+�so that the interes�t or aher ioan char�es vaiZ�cted ar to be collected ia connecaon •
<br /> wiW ttie toan excced the pem�itted limit�ehen: la)any such laan charge sha116e re+d�ced by the amount necess�g ts reduce
<br /> dne charge to the permitted limi�aad Ibkaay sums already collected from Borrower which exceedcd pem�itted�its wil!be
<br /> �� refnnded ta Rarrower. Lender may chovye tn make this refund by redt:ciug the principal owed�.tfie Note or Tiy makin8 a
<br /> ' s• dirrct payment to Botrowet If a refund a�i'sces principal,the ced�aeac�a will be treated as a partiak�,7repayment wittwut any � _-
<br /> � '�"��� prepayment charge under the Nate. . • •: . .
<br /> y �k+ � 14. Notiees. An naice to Borruwer vided fnr in this Secum Instroment shall be :�}i b deliverin it or b 3�k'-
<br /> , ••� t. y Pro 9 �'. Y S Y `. ���--
<br /> �. mailing it by fi►st class mail antess applicable taw myuires use of another method.The notice shaD be directed to the Ptoperty �v-;=,�
<br /> ;�3 ,; Address or any other address Bortowet desi�fiates by noace to l.ender. Any notice to l.ender shall be given by fint ciass • _.:;s,:,_
<br /> ' mail to L.ecq'er s address rtated herein ot�,othec addmss Letxtet designate�by notire io Barrawer. Any notice provided for ____ _°
<br /> • ,•, � . in this Se+�ity lnshument shall be d�.�irr.d to have been given to BaROwer or[Rnder wFten given as ptov�ded in this r;'�'�-
<br /> . P�S�D�-' ' ' "�'�
<br /> �, � � . �5. Go�erning LaR:Se�srabfti+t�:�Thi�Security lnstrument�hall be gavemed by federat!aw and the law of the• .' -:��
<br /> . ru-�isdiction in which the�lrcpeny iti located In the event that any provi�ian ar clau.e of this 5ecurity lnstrument or the Note _�•��:
<br /> ' . :conQictc with applica6le{a�.tuch canY�ict shall nat aifect olher provision.a af thiti Security M�trument or the Nate cvhich can �=�`�
<br />;�� " "be given et`E�ci withaut the conflictin��rcovision. To this end the pmvi�ionti af tbis Securit�In��rument und the Note are -. `;.
<br /> : declared tci lx severuble. , : . - :i.--
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<br /> �'�=�: ' `' 16. &xrower•s Copy Borrowe�s3eall bc given one mnfarmed copy of the Note and of this Sccurity Intitrumenl. . ° ,:
<br /> +,,fi , 17. 7lransfer oitb�e�eaperty or a Beneficial/ntere5i in Rorsawe� !f all or any part af thc Property or any interest in _ -•,�;.
<br /> • • � it is sold or transfened(urif a bene�cial interc�t in Barrav�•er is s�ld nr transferr�,}and BorroNCr is not a natural.person► •
<br /> � �•- �' wi�haut l.enderg priorY.�.�rz:�consent.Lxndcr may.at its optinn.rcquire immeCi:�t��ayment in fuU of all sums secured by ��'.
<br /> . '� ' this Security InsUUment. However.tliis,aQtian+hall not be czcrei�cd by l.ender it'i�er+:ise is pmhibitcd by federa!law ati of .
<br /> ' the date of this Secusity in�trument_ . � � ,
<br /> ' '" lf Lender exercisc�thic oprion:i�-ndcr�hall givr Borr��uer cu{li:�uf acccleration. i'tu:��;n+:i�hall providc a period of ..
<br /> • �� r�x�- � , nw Iesx than 30 days[ram the date the natice ix dcliver:ci or mail«i:�ii:hin which Burro�ver mti�:pay all�umy secured by lhis •
<br /> , t�.:.:;.t,,.,� .
<br /> � _,-.,:.;,.;;.;.,,.:. Security tnstrumen�. If Borra«•cr fail�ta pay theee �i�r;s prictr ri�tlte czpiratiun��f thi�peri�xi. Lendcr may invoke any
<br /> - r=: , remediec pertnitted by�hic Security In�trumcnt withuui•Iuitircc r_Uii+:x:•tu dcmand on Narr�x�cr.
<br /> '� 18. Borrower•s Rlght to Relnst�te. If Borrow•er mctn� �:�:a�i;in conditian+. Borro��cr�h;�U ha�c the right ta havc • '
<br /> ;��. :.'�"� enforcement of�hiy Security In�trum�nt di,cnntinucd at;my time��ti�,i.to Ihe catlicr�+L• la)5 d;�y• lur.uch other pericxl a� •
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