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<br /> coMemo�ticn at od�er ak�o�ot+rry P+�rt d t�e,Frope�ty�a fa oo�ryaace h 6a�.ot cadenwMia�.w Mririy.aMi�Mi a�1� , ..
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<br /> • �n t�e 4reat oE a wtd tatip�of tbe�tap�ety, tbe �ill!�e rpptied tn.the enm��rted b�i q1b�ew'!1q �..
<br /> t�t►,aibed�er ot not d�en due.witb aity exoess p�Barow�tr, tn the event ot s p�rtid hftin�uf dle M! ,
<br /> afiich the fiir tn�ticet value of,t6e P�+opetty inuaaWlCtX befa�e tbe t�kin�is p�W/o otsrale�e dMA dle anww��w�Nw
<br /> � sxoced bry tsis SeauiEy U�smane�u�nedL�etp 6eCane the tahdy.un1e�$oero�er anQ lreeder olhe�v�ri+�e.r�rtc iEt wtiti�►.
<br /> ' a�e sums�oc�ea ay t�is�sxuricy rasm,n�e�t anat�be�edu«a t�►�he.mow,r ot�Ae nwhiptka 1�rdWwi�
<br /> ` fnccioa: (a)the tohl+qmiow�t of tt�sums socu�d imrnedi�tety befo�Me aicin*,divi�f dk t�ir�v�lY�e�WN
<br /> . propest�r;mrnodi�etjr 6efaee the talcio�. A�ty�I�n,ce,sh�ll ba p�id w$otrowet. tn�ite eveeN ui�petid taM of 1he .
<br /> Ptup�ty nt vrhich the fiir maicet vdue a�the Peopetty bna�ediatety befa�e the fakln�is ies�tfvn fI�E�1ti�iM af�wn�e .
<br /> ` �uea immeauoety 6efae d�e wcL,g.unlax aort�wer.�d[.enaer atKrwise.poa In wriw�or unle,s�rpptksal�I�w
<br /> am«a,;x poM1,;aes,tt�prnaeas shalf n�appl;oa to t�e sunu s�roa ey�nis�eCUri�y tmaumrnt wh�her n�nnt aMe�,�a
<br /> tbett due.
<br /> if the P[operty i�a6�u�donad bY Batnvrer.or i£.atta ncxice by t.ender to�omowar ttut U�e coedemnar�of'krs ttt ml�i�e .
<br /> ae swu+d a settle a cl�im for daro�ats.Bonnwec f�ils w tespond oo i.ender within 30 days�Rer 1he dNe tht notiee ir�IveM�
<br /> Laidpr is�orizod to coUax snd appiy the p�ooxds.u its optibn.eitkr to tratohtjan or rep�it nt qre l�ropttty nr lo the
<br /> a�s secu�hy d�is Security Instnttarnt.wt�her ar a6t then due.. . �
<br /> UnJess l,.ender and Borrawer att�erwisa ags+ee in writing,any liauiurt of proceeds tn prir�ipd Rh�tt�wx extend a
<br /> , p�tpone d�e due dttt of tht mantUtY PsY�rafe�tsd to in prragta�is 1 and 2 or change the artwunl M s�uCh P�ymt�Na.
<br /> il. Dorrowa� Not Released: Forban�eoe B9 Le�der NM a WaWsr. E�unsion oP the time fot p�y�ftcM cK
<br /> modificatlan of amadzottaa of the sucns savred by tGis Security Insuument grantcd by Lender ta any suecesKx in intereel •
<br /> of�ortower sh�1�nat oper�te to release the liability of ihe origiaal Bortower or Bormwerls successors.in intetest.L.erder •
<br /> shall aot be rcquired w oomma�ee pmeeed'uigs against any suc,e�.qsar�in mt�rt.0 ar�efase tr,e�cc�td�is�fas pay�iessi at
<br /> o�se madif9�nati�aoa of the aums secured by this 5ocority ln�tnunent by�son of ny demauid made by tbe oti�n�l
<br /> :.Bu�m�era Batrmve*'s suacssors in inoecest. Aay t'orbarance by l.ender in�eae�cising any right or rl�nedy gMpIC not be�
<br /> � � .Faivar oEec pnslude tbe exec�cise of any dgbt or�ert�dy. ,
<br /> ' ` • it Sieoe�on aed A�+Eou�d:Jaiet ad Sereral l.y!bility:Co-rt�ers. The covenants ind agoeetnents ot thir
<br /> .�SeQaicy�t siull bind ard beneft the surcessas and ass�gns of L.ender and Bartnwer,subject to the pre�vi�sinn�uf
<br /> p�a�raph i�_Hormwu§covemnts and agrxments slwlb be joint and several.My Botrower who co-stgns thfs Security
<br /> �sav�ent irat daes nat execute the Note: (a)is co-signing this Stcurity lnstrumenC only to mortgage.grant and convey th�t.
<br /> � � . . Bo�ower�s interest in�he Ptopeity unde�the termsof this Securiry Insttum�nl:`(bl is aatpe�sanally oblig�ted ta p�Y,Ilre ium9
<br /> . � •securod by this Securiry Insaumea�and(c)agce�that l�ender and�ny aher Barower may agnt ro ext�nd.mod�fy.fabear
<br /> or make any accumtnodatiups ��gard to the terms of this Security Insaumtnt oc the Note without that Bomowu�
<br />'.r: consenG -
<br /> 13 Lo�n Cba�es. If the toan secured by this Security Instrument is subject to a!aw which se�s maximum lou�
<br /> ' , charges,and that la�v is finally inte�pcGted so that the iaterest or other toan cfiarges caltect�ar tnt be coltected in cantKCtlon
<br /> with the Iwn exooed the permitted limiu.tLen: (a)any such toan charge sha116e ceducec!h}�tf�e amouru necessary to reduce
<br /> the chuge to the permitted limi�and(b)any sums alrrady collected fram Bor�ou'er w8i�exceedbd�initted limits wilt be
<br /> nfi�aded to Barower. Lender may ehoose to maks this c�fund by reducing the principaf oa�zd.andes�t�Ydrur 6K makin8 a
<br /> ,. direet paynx�et to Bomower. If a refund reduce.c pdncipal.the rcd�ction wil{be aeato3 as a parua��t without any
<br /> prepayment efiarge under the Note. ��
<br /> 14. Natlees. Any naice to Borrower provided for in�his Security Instrument sfiatl6r gi��n by cklivering it or by
<br /> mailing it by first class mail unless agplicable law requir�ti use of another methad.The na6c�shall be directed to Ihe Property
<br /> • . Addrcss or any other address Borrower designates by notice to L.ender. Any nauar to�shall be�iven by first cla�s
<br /> mail to Lender's address stated�herein or any other addrccs Lender dcsi�n�tec by rtoii�to Borrua�.�r Any natice provided for
<br /> in this Security Insttument sha11 6e deemed ta have bcen given to Borrower or l.ender wQteea�iven a.s ptovided in 1hiA
<br /> • �iS�Goverai�Laa;Seveeability. This Sccurity Insuument shall 6e ga�emed by fec�'aI faw and thie law of the
<br />` ''�•� ;.� j,orisdiction in which the Ptupqny is lacated. In the event that any provision or ciaase of this Se►-arity I�nent or the Note
<br /> ;' :canflicts with applicable law such conflfitt shall not affect other prnvisioas of this Security[nsecurn�t ar c6e Nute which qn
<br /> , ,•-',be given cffect without the conflicting provixian. To thic end the p�a�•lsions of this Securin�.��rsumefnt and the Nate ate
<br /> ,,�,.;,`•. � dectared w 6e sevcrabie. . :
<br /> • 16. Barrower's Copy. Borrower shall be given onc confarmed Copy of tht Note and of thi,Sccurity Instrument.
<br /> • 1� 7lrans(er of the Property or a Beneficial lnterest in Bwrowe► If a1l ar any pan of the Property or any intercst in
<br /> � it is sold or transferred(or if a beneficial interest in Bortower is sold nr transferrcd and Boirawer is noe a natural percon)
<br /> without Lender's pdor written consent.Lender may.at its option.require immediate payment in full of all sums secund by
<br /> ` this Security lnstrumen� However.this option�hatl nd be exerriyed by l.cndcr if cxerc�se ic prohibiteA by federal taw s�of
<br /> •the date of ttiis Security Instrumen�
<br /> � If l,ender exercises this option,l.cnder shall give Borroa•er notice of acccleration. The notice+hall provide a period ai
<br /> " aot tess than 30 days fro¢s:he date the notice is delivered or n�aited within which Borrower mu`t pay all tiumc recured by this
<br /> ,.Secarity lnstrumrnt. $�i�aarower i�ils to pay these sums priar co thc expiration of ihis period. Lend��r may invot¢ any
<br /> ; rz;aedies pem�itted by t3is Security Instrument without further noticc or demand on Borrower.
<br /> �. ' 1& Botro�rer's Rig61 to Reinstate. If Bormwcr mceGs rertain condition.r, Borrower shall havc the right�to have
<br /> � •='.t�foto�mar,�of this Security lnstrumeni discontinued at any lime prior ro the carficr of: Ial S days(or tiuch aher peri�d a�
<br /> . 5ingk�nily—Fs�1e Mu/Freddi�Mac lJtili7nRM 1\STRU NF.17f••Uni(am Covrnyx+ !!f/ IPaxr 4 njn pu��ii
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