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<br /> �n:�, �., 91-- lus�r73
<br /> condcmrtotion.or dhcr taking of any pw�oi'�ho F��upetty.or Pw'conveyancc in Ueu oiroode-m�W�ion.we hcreby u.w�i�ned and
<br /> :hall bc paid to L.ecKfer.
<br /> In the cvcnt of u totvl taking of the i'ropcAy, 1he ��nx ee�Lw xhall be u{�[c�i ta�hr�ur�a secured by thix 5ecurity
<br /> = Ins�rumeat.wl�tt�er or not�hen due,with uoy exce�s pniJ lo sormwer. In We event ot u p�ti�l taking of the Praperty ln
<br /> = which the fair maritct vulue o!�he Pmperty immediutcly bePar thc tuking is equ•rt tu�x greater aiwn�he umount uf�hc sums
<br /> — s+ecuttd by thie Sccurfiy Instn�meM immediutely bcfore�he tuking,unlc,ti&irn►wer wwl Lender otherwlne ugrce in w�iting,
<br /> - - th� yume�ceaured by�hix Secudry Instrument shall be rcduced by the umuunc of the pmceeds a�ultiplied by�he fullowing
<br /> � _-�.--•=�-_----�-� fnctaan: (a)thr.tntnl nmount of Ihe sumK xecumd immediutcly beforc die t•rking,divl�kvl by Ib)the foir morket valuc of the �
<br /> - Pt�7ehy im�madiawly bcfixe �he iuking. Any balaxe shall lx puiJ tu Liu►xcrwer. In the evecN of a purtiul taking of the
<br /> Piopeny in whtch thc fair markel vAlue of the Property immedia�cly befoR tln tnicing ix le�x tt�an the nmount of the xuma
<br />- --- s�ecuned imrnadfutely befare the iu�:ing, unlesr Bormwer wK1 LcncMr oU�erwiu agerr in w�ftin¢ur unless applicable law
<br /> aharwise providrs.the pracceda slu+ll be applied to the sums secured by U�4�Securiry Inshument ahether or not the suma urc
<br /> __— thsn du@.
<br /> lf tha Ro�eny is ab�ndoned by Bomower,ar if,ufter natice by Lender cn B�xrower thnt thr candemnor offen to make _
<br /> - - wt nwwd or settle a claim for dutnoges,Bormwer fuils to mspand to Lender withtn 3Q day+ufter the d•rte the notice is given, _
<br /> --- I..ender ix uuthorized ro wllect nnd npply�he pmceeds.at i4v option,eHher w nwtaation or repx�r ot�he PoopeAy or ta 1he
<br /> __ �_� aume secur+ed by this Securiry Instrumem,whether or no�then due.
<br /> Unless Lender and BorroN-er othenvi�e ugn:e in wii�ing. auy :ys�licatian of pzvcceds to princip�l shall not eatend ar
<br /> _-_ pa�tpune tha due dute os the monlhly pnymenls referred to in puru�raplu�4 nn�2 ar change the arnaunt of such payment,.
<br /> � ' ll. Borrower Hot Released; Forbearance By Lender Not e W�irer. F.xten�i�M of the dme for paymem or
<br /> — mad(fiautian of amoRizatfan of the suma secured by this Securily.lnHU'ument Br�nte�i by Lender to uny xuccessor in interest
<br /> `''� oP BoRnw¢r sltall not operate to releace�he liability of thc ori}papl iiurrower ur �wer5�tiucce�sars in inte�+est. Lender _
<br /> ° - --- —==�=-:i ghall na bc required to commem:e pr�xe�dings against uny sum.�,sor in inceres�a Kfu�e to eclend iime for pnyme�t ar �
<br /> - -�---�=:�.i othanvire modify umortizntion of the sums secured by this Security lnstrutt�ent by rc�.wn ot'uny drmund made by�he original __
<br /> _ _ Borr�war or Bornawer�successon in interext. Any forbeunutca by l.en�f�.�r in cxercising uny rigtu or remedy sholl not be a
<br /> ----"�'�-""`-'�'� • wuiv�r of or prcclude the exercisc of uny rigM or remcdy.
<br /> _���.._._=�,�,,�,rv_ —
<br /> _�az�d•-�— lE. Successors and Assigna Round:Jatnt and Severel Lf�J�tify:l'a-sE�aera. 7'he covenantti and ugreements oti this
<br /> Security InKtrument shall bind und be�efi��he successo�und:�xWgns of Lender and Borcower,subject to the provisions of
<br /> °°°"'•='�''�~'-'''�'�' paragraph 17, Borrower's covenunts nnd ngreemenls zholl Ix:j�»nt anJ se���ral. Any Borrower who co-signs this Security
<br /> - —s�_�:.i ' InKttamunt twt does not execute Ihe Note: (a)is rn-signing Ihin 5eeuriry [ristrument only tn mo�tgage,gruat ond convey thot �
<br /> ����' � Bornower's intrnest in the Propeny under Ihe tenns of�hih Securily Inxtnim��nt; (b)is not persoresi[ty obliguted to puy the sums —_.
<br /> ----'-- secwed by thix Security Instrument;and(c)vgrees that l.enJer�nd nny adA�r 6orrower may ogcee to exlend,modify,forbenr ____
<br /> �-""�A=:�p:. or mnke nny uacommodutions with reRund �o thc terms of tt�is S�'curicy insmument or the lYae without thut Borrower� _
<br /> •..
<br /> �s -.--�,_:�.,.: �conr•ent. �_
<br /> - ' 13. I.iwn Chary[ea If Ihe loun secured hy thix St�urity[natrwn�c i�subject to a luw which sets muximom laan
<br /> -=',"�..,` ,� `r churgaR.and that luw is iinally inte�preted so that the mterest or omar loun citia►Lur.cuiia:trS v► &i�GBIIECiCd iii COiitiCCt�Oii
<br />_- �--'`�°�'j"=''''����'r with•tha Inun exceed Ihe permitted limits,then: (pl w�y xuch loan chu�ge sitall be reduc��d 6y die unount necessnry to reduce
<br /> `_�""'� ,�,, "'"� ` thc�hur�a to the permitted limit:und(b)any�um,ulreudy collect�:J from 8arro�ver whkh exe��ded permitted limit�will 6e
<br />_;�'�'i,. .,�
<br /> - ..:•;1. � �vtlindeJ to Bu�rower. l.endcr may chcwxe to make this refund by reducing�he principal owed ur�der the No�e or by maki�g a
<br /> _ 't . ��� ,
<br /> i� dinect puyment to Bomower. If u refund reduce�principul,the reduction will be treuted uK a p:utial prepuyment withcwc any
<br /> � - w.��,-n��' p�ppyment churge und�r�hc Note. --
<br /> �...y, r.,
<br /> _f� 'At�c_�... l4. Notkes. Any notice to Botmwcr pmvidcd fur in thir�5rrurity lnatrument yhull be given by delivering it or by _
<br />- `%9'�.c• mailing it by fittit cluss muil unlexx applicuble luw ttyuims use of anuther meN�oJ.'1'he notice sh:ill be directed to the PropeRy
<br /> ' •�'r. Addneas ar any other ndJresw Borrower designu�c.r by nolice to Lxnder. Any ix�tice to Lcnder shull be given by firxt cluss
<br /> - � �;. _�-
<br /> �"�nw�.• mail to Lendera udJrexx,�uted herein or uny rnhcr aJdre�s Lendrr drxigeates Ny nuticc to Bormwer. Any notice provided for
<br />""�'t --� in thia Security Instn�ment shull tk dcemeJ lo huvc t+ecn �ivcn ni 8orrower or Lrnder when given :is pro��ided in thiti �.
<br /> �'��:.::. .
<br />_ ' ;_•. purugraph. �
<br /> ,;�, lS. Governing l.aw; Severabllity. Thi+ Securi�y Inytrumrnt xbull be �[uvemcd hy fe�ml luw ond the luw of Ihe "��,'�
<br /> ,- . .�,�, y^:�, jurisdiction in which�h�Property iti locuted. In�he event that any pmvitiiun ar cluu..:uf thir S�ecurity Instrument or the Nate
<br /> ``� � � ;i..• ., confliets with applicebl�s luw,such conflict xhall nut uffert other pr�wisfuns of this Security Inscrumenl or the Note which can
<br /> «•• '�d±' y�!; be given cffect withnut thc contlicting provitiion. Tu �his cnd thr pmvisiom of�his Securiry Instrument und the Note urc �I-
<br />••..`" ,- . ,, �''���,;�•. declared ro be sevcr�blc. -•,_
<br /> --'`='° �Y l6. Borrower'a Copy. Bomowcr shall lx given unc cunt��rmeJ copy of thc Nwr und of t[�is Seruriry Instrument. ��_�
<br /> �-�' -���;E� "� 17. 7Yaneter of thQ Property or a Beneficia!lnterest in Borrnwcsr, ll'ull i�r uny puh u�'tl�e Propeny or uny interest in =
<br /> ���--••��� it is sold or�ranafcrred(or if u Iknefiriul inten��t in Borrow�r i, suW ur�runxfernd and Bo►7ower is not u n•r�urnl penon) --
<br />__ �..f��•. .
<br /> __ '�, .� �;x without Lendrr's prior wriuen ci�nxent,Lendcr muy,ut its option,neyuire imnxdiuic paymcn[ in full of tdl.r•umx secured by
<br /> -'` -�»��,"1 ` �• - this Security Inntrumant. Huwevcr,this option�hull na hu�xcrcised hy Lendcr il'excrcitir is prohibited by fedcrnl luw ns of
<br /> � . v14 1.' : '
<br />:�.:�E�� ?' Yf:;u,:.�.u.:. , the data of thiH Securlry Instrument.
<br />' ::• � ' ' ��'i�' If Lend�r exc:�is�.this optiun,Lender.hall give Bormwer nntice uf urrelrrulion. Tlk n��ticc shall provide u period of
<br /> ., .r''��•�." ` not letis thun 3(f duys tlnau[hc dute the nntice i.dclivered�ir mailed whhin a�hich Burri�wer mu.l .� rll tium,.ecured b Ihis
<br /> `s �,�"',�:�. . Security Insnum�nl. If Burmwer f•rils ai pay Ihc.c xuim prior tu ihe axpirutiun uf thi.�xrioil yLender may invoke nny ���
<br /> ' � ° remedics prm�ittud Ny this Security Inxtrument without lunhrr nmice or demunJ an Bum���cr. �_
<br /> ' � 18. Borraw�rr's Riuht to Rein�tate. If Borrow�r mce�+ccnuin cundi�ionti. Bixru�rcr +hull havc Ihe right to havc -,_
<br /> • ,�.,t.��t. . �
<br />. ,�. . ,.c;?�¢��. enforcement of ihie Sacurity Intitrument Ji,rontinued ul any timc priur���Ihe earlier ol: �a�S day.I��r.uch other period v+
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<br /> _ 5initic Faiuily--FrnaM�tavl�}eddie 1Hoc t'N16�INM INKTNI'111?Nt'••l4�ilunn e'a�.n:w�� 9�90 Ipugr�nJ'h�g�sl
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