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<br /> pyro�na m�y ao loa�er be t�aquired��t tbe option o[l�etder,i[roort�a�inunu�oe averqe(in t1M amoual�nd tor t1w p�tbd
<br />------ -- ��y �y��r�� �wej� ruw�
<br /> t6�t l.ender requlra)Pco�+idd by N fnur�r�PP�'pved by l�endar a�ain becooae�waflable apd ii obtr.l,�ne.d.Horro�wer�Adl p�Y
<br /> � ���{{���WtMYI�N V�MN��rw�r����tQ FZ'�si'.SC A�M4 S!'„`�^i W11����IfRIN�1Y�w��
<br /> iaMU�nce ends!n acoond��ce with my writta�a�reemait between Barrower and l.arla a�ppBabM law. �� �vo .
<br /> !.I�ctbn.[.eMe�r ar iu�aK mty nu�kt t�aaonbk aatrka upon�ad ia�pxtioa o[the PropertY•
<br /> IioRnwer notia u the time of or pdor to an iny�a.�tMn�p�oci�'yin��ub�e cwse for the iny�action•
<br /> 1�. Coairau�tia. '1'he proceeJ�ot�ny �w�rd or cl�im ta dan�e�,dirocc or con�aqua�tial. in oomec.da► wl� �ay
<br /> _ ,�,� oondenu�atlm or otlur Wua�of�ny p�rt of the Prope+ty.or tor wnvey�noe In lieu of oa�de�tw�tion.�ne he�rebY�jW�ed�d
<br /> -- rh�tl be paid to Lender.
<br /> In the evuu of�wul takin�of the Pmpc�ty.the pnxeedt stuJl be�ppliad to the wms sa:urod b�r thl:Securit�htrtn�ma�tr
<br /> whettKr or not then duo, with any caasa paid to Borrnwer. [n thc event of a puti�l takity�of the Propetty
<br /> m�rkct vdue of the Property imrt�odiately before the t�king is equal ta or�rcatu th�n the�wunt of tht wnu�ocurod by Ihls
<br /> Sxnr�ry Instcutt�tt inunediatcly befo[e the takin�.unlas Bortower uid Lender otherwise�ca in writing.the wtm secured by
<br /> this Socurity Instn�ment shall be rcduced by the amount of the proceede multipliod by the followln� fr�ction: i��i�
<br /> amount of the sums securcd irrunodiRtely beforc the Wcing.dividod by(b)the f�ir market value of the Property Y
<br /> before the taWng. Any balac�ce a1w11 be pAid to Borrowec. ln the event of r paninl wking of the Propercg in which the fdr
<br /> market valuc of the Property immodiately bcfore thc taking is less tlwn the amcwnt of the sums securod immedWely before the
<br /> talcing,u�las Eom►wer and Lender otherwise agoae in writing or unless applicable I�w otherwisa providea, the procaeda slul�
<br /> . _ --�— be apPlied to the nums accured by this Security iaurument whdher or not thc cuma xre ttKn due.
<br /> If the Property is sbandoned by Horrower,or if.after noticx by L.ender to Borcower tFut the eonclemnor atfers to make�u►
<br /> - — award or settle a claim for damages. Bormwer failc to r�espond ta L.cnder wlthin 30 days aftu the date the nocice is�iven.
<br /> �j Lender is Authorized to colloct and appiy the procoeds,at its option.either to rcstomtion or ropair of the Property or to the�ums
<br /> - _ socurod by this Secudty lnstrument,whcther or not then due.
<br /> Unless Lender und Borrowcr otherwisc agrce in writing. any applicetion of prcxroals to principal shall not extend ar
<br /> postpone the due date of the monthly payments roferred to in p�ragraphs 1 and 2 or change the anaunt of such psyments.
<br /> `.�� .;t; Il.Bormwer Noc Rdwsed;Forbearxnce By Lender Not x Waiver.Extension of the time for payment or modificuion
<br /> _ of amoKi•ration of thc sums sxured by this Security Insuument granted by l.ender to�ny successor in intercst of Borrower shall
<br /> �::;Y; not aperata to release the liubility of the original Borrower or Borrower's successors in interest. Lender st�ll not be roquirod to
<br /> ���, commence proccedings against any successor in interest or refuse to extend time for ps�yment or atherwise madify amoKization
<br /> of the sums secured by this Security Inurument by rcason of any dert�nd �.�nde by the original Borrower or Borrower's
<br /> -.F; successors in interest. Any forbearance by L.ender in exorcising any right or remedy shall not be a w�iver of or preclude the
<br /> -��y sxtrci�!+f eny righ�or remedy. ,
<br /> � ; 12. Successors and Assf�ns Boundt Joint And SeverAl LiAbiltty; Co-slgnetr. The covenants and agroements of this
<br /> 's�,' Secur.ry Instrument shall bind and benefit the successors and assigns of Lender and Horrower, subject to the provisions of
<br /> ''�" �' G � paragraph 17. Borrower's covenants and agreements shall be joint and several. Any Borrower who co-signs this Security
<br />--•-� ' "�r,�• Instrument but does iuit execute the Note: (u) is co-signing this Security Instrument only to mortgage, grrnt and convey that
<br />���r-,- 1�:`�. � �r���. ' Borrower's interest in the Propcny undcr the tertns of this Security lnstrument;(b)is not per•sona��Y obGgnted to pay the sums
<br /> _ �U`:i "� �.
<br /> ��``�` �,,,�;t;'.• sec.�recl by titia S�tiurity Inaitutnent;�ixl(c)agrees thut Lender and any other Borrower mny agree to extend, rrx�dify. forbear or
<br />;.;:;;.,r
<br /> '+��'.''`�"°�'�a°* make any accommadations with regnrd to thc tcrm�of this Security Instrumem or the Nate without that BorrowePs consent.
<br /> ' �''�"•�:��'�w'+� � 13. I.own Ctwrges. If the loan secured by thit Security Instrument is subject to a law which sets maximum loan charges,
<br />� *,,.,,t,�_, ,,,,,�, and that law is finutly interpreted�o that thc interest or other loun charges collected or to be collected in connection with the
<br /> ',� ;,:i��t�'• .` -:"�;�� . loun exceed the pem�itted timit,,then: (a)•rny such loan churge shall be reduced by�he amount neceswry to reduce the charge
<br />-� `'� ' to the permitted limit;and(b)any sumx ulreudy cullected from Burrower which exceeded permitted limits will be refunded to
<br />"•" •.aKi:�,».«:.. .,...,. . ., ;
<br /> ' •'•`�`��»== •� �` • " Borrower. L.ec�der ms►y chcx►se to nu►kc this refund by reducing the principal owcd wuier the Note or by making u direct
<br /> '"'� ''' -• ' " ' �� payment to Borrower. If' a rcfund rcduce. prinripul, thc recluction will be trcated ati u partial prepayment without any
<br /> -` M"`�""���'�'`"' prepayment char�e under the Note.
<br /> '�........,,..
<br /> s. � 4��, .
<br /> 'Y�= ' ' ', 14.Notiecc.Any notice ro Borrower provided for in thi�Security Instrument shall tx:givcn by delivering it or by mailing
<br /> ��- j it by fint class mait unless upplicabic Iaw requires u�e��f miothcr meth�xi. The nntire shuli t►c directed to the Property Address
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<br />_ _�,�•...,. i i ur any othcr address Borrowcr desiFnateti hy natire to I.c:nder. Any notice to L.ciKlcr shull bc given by first ciass mail to
<br />'•�. Lender's address�tated herein or any othcr addres� Lender dcsignatcti by muicr tu Barrower. Any notice providecl for in this
<br /> _. uns..�.;w,> y' s g' p P� 8 Ph•
<br /> _'•• �e.. _ Security ln,trument shall bc decmcd to huve been iven to&►rn�wcr i�r I.cndcr when �ven as rovidcd in this ra ra
<br /> .. ;- �,.
<br />-� -W•� - ���' I5.Governing Iaw; Sevcrubility. Thi� Scrurity In+trument tihall bc guvenicd by f'��dcral law und the laa• ofthe
<br />��•"- Y�°'��=� jurisdictian in which the Propeccy iti lncated. In the event tliat any pruvi�ion or cl•ru�r of this 5ecurity Instrument or the Note
<br /> ��'�' � �'�`;� �� �� cuntlicts with uppticablc law, rurh runtlict shaU not affrct uthcr pr�n�isions of thi.S�tiurity in�trumem or thc Notc which can bc
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<br /> :c�� . •� �.. �';'•; given cffcct without the ronflicting pruvision. To this end the pri�visiorm of this Secu�iry Instrument and the Note ure declured
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<br /> �.,� �t / to bc srvcrablc.
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<br /> ;�,�-,u„��,a.;," 16.Borruwer s Cnpy.Bormwer shull be given onc ronf'urnx�ci copy of thc Note anJ of thiti Sccurity Instrument.
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