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<br /> �� any oa�demnwon ar olbv Wdn�of'mY P��+� �'�P�y�a for oonvaysnca b I!w of ca�Wonu�aUon.ma boroby � -
<br /> wi�ned md�ll be p�W w I.ender. –
<br /> la Iho avent of �wt�l �akbi�oi tho Propaty.�he pocaeda clull bo applied w iAe aumt eecurad by �bia Security
<br /> In:uun�cn6 wbelba a not Ihan due�wUh any azccs�paid to Bamwu.In the evcnt of a prtial Wc�n�at tho Ptopaty in -r
<br /> whkh tha tdr ma�ket valuo of Iha Properiy immodi�tdy t,efare Iha toting i�oqua!w a gre�ata Itwn Iha anwunt of the au�u :
<br /> �ocurad by thb Security Inatrununt immodiatoly bcfae Ihe Wcing.un{ess Bottowa and L.etider otharwiae 11aroe in writln�.
<br /> thc sums eocurod by Ihia Sacurity Instrume�t shWl bo roducod by Iho anaunt of Ih4 p�ocooda muUlplled by Ihe[olbwing
<br /> { inctfon:(a)Ihe WtW�mount oi tha aumt�ecurod inunediatoly beforo Ihc WIcLi��dlvided by(b)Ihe fair m�rket wluo of the
<br /> ; proppty immod�aoty befars ihe tWcing. My lwlance shaU be p�id w B�rmwa. In tho event ot a prrtial wking of tha
<br /> ' Propaty in which U�e fair market value ot�he Property immodiauely bcfore tha teking i�kss ttwn thc artiount of tl�e s�una �
<br /> � socurrd immodietely bcfara tt�e taking.un{ess Horrower and I.ender ott�erwise agroe in wridng a unles�wpplk�bb law
<br /> • ott�crwisa provWes.�he pmcecxls shall bo applied to�he suaasi securod by U�is Security Insv�wncnt whW�er or not rhe�
<br /> � arc then due.
<br /> • U Ihe Propany is�dsu�d000d by Barower,ar if,dtear notice by Le,�der a Borrower ilwt 1he 000dc+rmor offers a mako
<br /> an award or settle a cl�im for dAn�es.Bamwer fails w respoTwi w l,ei�dei wi�hin 30 days aGer tt�e diue tha ootica iv given. ;
<br /> l�ler is au�hori�,ed ta collect and apply U�e proceod.�,al its option,ei�her w�esto�doti or re�air of the Pmperty or w tde
<br /> s�:ras secure�d by I�is sec�sr:[y lnsuumenb wnciher or aot t]ien aue. , :
<br /> Unle�s�.�uf�and �arrawei otharwise agree 3n wri�ng.any application of praceods w p�cipa3 shall noi+e�tcnd ar ,
<br /> ' ' • post�a�e 4he dwe date of it+e monthlY paYmcnis rcierraf to in p�aph.g 1 and 2 ar cl�ange!!�e�un�flt such paymen�c.
<br /> .� ,,�' �;, 11.Bonr�owsr Not Rsk�sedt Forbrar�aee 8y I.enckr Not a Waiver. Eate�.cim of t�c tirnz for pa�t ar . � .
<br /> ' �1.,; • ' modifiaatbm ot amortiuwio�a ai the sum4 secured by thls Seruriry Insarument graratacl by Lc»da to any succes�i�intcr�t
<br /> ; � ., oi B�rower shaU na c+par�rrc,w rekase�be 11abUiry af thc cxiginal 8orroa•er�r Borrowrr's�in interes�.Lender . � :
<br /> . . sl�ap not be nqulnd to rurra�n�ce pracecclings a�tainst an�r successar in lnt�resY or refust a extend wne far�Ayineru or i
<br /> ',� , olhawise moclify amati�tiai ot 1he s�ms secwal'�y ih�s 5ecwity Instr�ment hy rea9on at eny dentand n�rle by 1he
<br /> � originet Borrower or Barrowu's success�s in in�rest.My forbe�ran�:by Ler�der in exencising any right or rc�n�ody�iwU , .
<br /> i not be a waiva of or proclude the aaercise of any right or runed .
<br /> lt.SIICClii011 Alld ASYIgUY BOYOdj.IWIII Alld S!V!1'AI LW�Wtyi Co-st�oera The covenanls end eQroemonts of this
<br /> � Socurity Inswment shall bfnd and benetit tho succassors and as�igns of l�ende�and Borrower.cubjact w the provlsfons of ,
<br /> �wragreph 17.Borrowu's covenenla end agreeme+na shaU be joint and saverW. My Barnw�r who co-sign�thi�Security
<br /> Instrument but docs not aaocute tha Ndo:(a)i�co-slgning this Socurky Insmuncnt only w moA8eiB0.6�t and convay�hot -
<br /> Borrowu's in�ra�c in U�eprop�ty under U�o unns oi�h�Socuricy Inswmen�;(b)la na P�onauY obUWuod a PpY� ,
<br /> wms socurod by�his Socurfty i -nswmen4 and(a)a8roas�twt Lender ond any o�i�a 8onowar nwy n�oe b e�tend�modify.
<br /> farbcar ar m�lco �ny nccommodalbns wi�h rc�ard a 1hc u� of Ihb Socurity InsWmet�1 or tho Nota wW�out Ilut
<br /> , � Bamwcr'a cunsa��.
<br /> i 13.l.a�o Ch�s. If�ho loan socurod by �hb Socurity Insvumcnt is subjoct w a i�w whicii sa� msuimum io�n
<br /> charQes.end dwt I�w is MWIy in so Uwt tha intc�cst or olhcr ban chargcs colbcwd or w be oolbcied!n connoctlon
<br /> wilh the loan au000d Ihe permiqod�ll�:(a)any such loan charge shall bo reducad by Ihe amount nocescery to roduce
<br /> �he chorge to iNe permfucd Ibnit;and(b)any sum�s�rcady colloclod from Bon�owa which wcceodod permined Ilmit�wtll bo
<br /> rofundod to Hormwer.l.ender mt+y chooso to make�his rofund by reducing�lio prineip�l ow�d uncbr tha Nola ar by m�lcing
<br /> a dlroct payment lo @orcower.lf a retund reduccs principal.lhc reduclion wUl be trcalod as a partlel prepaymenl wilhoul w�y _
<br /> P�Yment charge under Iho Note.
<br /> � 14.Notka. My noUce a Borrowcr providc�l for in thfs Security Insuumcnt ahall ba givcn by delivaing it ot by
<br /> mailing it by fira class mail unless applicable Iaw roquircs uso of enother meU�od.The nolko shall bo dlrectod w 1he
<br /> Propaty Address or eny othcr address Borrowcr designatcs by noticc W l�eaidet.My notice lo I,ender shall be glven by
<br /> first clag.a mail to L,ender's addre.ss slaled herein or any other addrGCS l.ender desigeates by n�tjce to Borrowcr.My notke
<br /> 3 p%i�derd for in„is Socurhy inslrumcot shall be decn�ed to hava baon given w Borrowu or l.endet when givca�ac providod
<br /> in paragrnp
<br /> � 1S.Governing I.,�wi SeverabWty. This Socurity Instnimcnt shell bc govcmed by foderal law and the law of Ihe
<br /> jurisdicdan In whbh�he Property is lacated.ln Ihc cvcnt Uiat any provision or clause of�his Socurity Inswmern or�he Note
<br /> conNcts wilha�pIlcable law.such conilict shall na atfect other provisions of thi�Socurity Instrument or tha NWa whkh
<br /> can be given etfect wiUKw�Ihe conflicdng provision.To lhis end�he provisions of�his Sacurity Insdrumer�t an�t ttio Nda are
<br /> doclared to be severable.
<br /> � 16.Borrower's Copy. Borrower shall bc given onc wnFormed capy of Ihe Notc and of Ihls Sxuriry Instrumenl.
<br /> 17.Tr�nsfer o�t6e Properly or A Repetici�l loterest in Borrower. If all or any part of thc Properiy or eny interest
<br /> � in it is sold or transfe,rred(or U a bencticfal interest in Bortower is sold or transfeacd end Borrower is not a nalural percon)
<br /> wiUrout[.ender's prior written consent,Lender may,at its opdon,roquire immedlate payment in full of all sums socurod by
<br /> � this Security Inslrumen� However,lhis op�on shall not be exe,�cised by Le�der it eacrcise is prohibited by federallww ns of
<br /> U�e date of thls Security inswmen�.
<br /> j If I.ender eaercises�hls option,Lcnder shaU give Borrower notke of a�cek,ration.The notic�shall provide a pariod of
<br /> r not Icss tl�an 30 days from the date the notice is dclivercd or mailai wlthin whlch Barrower must pay all sums socured by
<br /> �'� ' U�is Socurity Inswmcn4 If Borrower fails lo pay these sums prior W Ihc expiration uf Uifs periad,l.ender mey Invoko any
<br /> !� i m.medlc,�permitted by this Security[nswment wi�hout further notiw or demand on Borrower.
<br /> Y� I 18.Borrower'e Rigbt to IteiasWte. If Borrower moets ccnuin conditians, Borrower shull have 1ha right W have
<br /> t I cnforccment of this Socurity Inslrumcnt discontinucd at any timc prior w thc cnrlicr oL•(a)5 days(or such othe�poriad a�
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