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<br /> � ' aoed�o�liaa as at�ar tairi�af�ay pK dtAc�tppejty.a[ar ca►vey�nce in lieu uf ca�deernl�iao.��ed and �
<br /> . �hdl be p�id to Lat3ar. • .
<br /> •. ie wc eveat cf:wnit w�of d�e�tvp�ty. ax prnceeas sMi16��,ippt;ea w tlrre�ns.aecwea by�this„sQCnriq►
<br /> • : tas�nrmd�t.w6ether ar aot tliea 8�,with any i�access p�d to$ortower.,In the event of o`p�rti�l taking of tl�e m
<br /> which the fifr nuwta value of the,Ptnpeity immodi�tely befaa d�taYing is eqwl to ua g�+atrr�h�n 1he amount of t Yw�ts
<br /> secwod 6y tbis Sa�tnr I�umcnt irnmedi�eiy,befooc tht taYi»g.unk.s�Bonower aM l.ender ahawise ngne in wriGng,
<br /> tfic swns sa�urod by this Securiry Instivment.sAalt be�redt�ced by the a�soutu of the prooeeds muldpliod by the following
<br /> fca�ctian: (i)the total amquat af d►a sums seciued imtnediapeiy befae d�e taicing.dlvided 6y I�)the ftir matket value of tbt
<br /> _ ` Aope�ly imt�edia�ely.before:lde.taking. Ariy balu�e shal�ba p�id tn Bamwes. Iq the event•of a partiat�taicing of th� '
<br /> i�roperty�n wbicb d�e fiir�Atket vatae of the Propeity nnn�di�tely before tAe taldng is kss thao the amount of tl�e sums
<br /> ' � secuned ieunadiacely befa+a:the taking,�iess Bocra�wa ud Leo�er od�wise agee ia writing or unttss apptic�ble taQ+
<br /> od�aise P�m►ides,tLc p�pceedc shall be apptiod to thc sums sccurod 6y t.his Sa�itp Insaortrane whether or aa the sums ace
<br /> ��
<br /> � If tbe Prope�ty is atsodoa�ed by Barowes.a if.afta notice by Ixnder w i3oavwer that tha car+dencmar offers to malce
<br /> ao awa�d.ar:tseale a ct�im far damages.$ami�ra tsils ta nspoud to Lender vrithin 30 Qays aftcr thc cWe tbe nopoe is Srve�.
<br /> Lmdea,is aath�tizcd to collect aad aPP�Y the proccodc.at its optio�r,eithu tu testoration ar cepair of the Pmperty or to the
<br /> smnu secur�ad by ihis Secyuity Ins�u�en6 wAeti�er or nat thea d� ..
<br /> Unless Lerjder aad Bormwer ad�wise agroe in writing,aay.epplication.of prooeeds to pru�cip�!shall qat extead or
<br /> . . .pustppne the duc due of tbe monthty payments nfemod to in parag,raphs 1 ane!�or chaage tl�a anwuat af sach paymafts.�
<br /> . I� Eor�+rer Not Relased:.Forbearaea B1 l.endef Not a Waiver.� Eateasion of the�rime for paymem vr
<br /> � - � mod�iqA of amatir�aoo of tlKt.sums sahued by this Sectui�ty Instrumem�granted by L,ender to�ty.s�ccessor iu iatetest
<br /> . o��i�.st�atl uat operate to rekase the lia6ility of tht original-Borruwer vr BazuvYe►�S.succ�s in interat.Lender � _
<br /> _ ` at�u�lJe�tNlted to commenoe pmRealings against ang,successor in inta�est or eefuse to exteRd ame for paym�+nt or
<br /> othaanse modifY am�oa of the sums seccuced by shis Security Insuument by reason of anp demand made by the originat
<br /> � Boavw�a.$otrowev�s�rs in imet�est.�My_for6ea�ance by Lender in exercising any rigt�t ar cemedy sh�l1 nat be a
<br /> • waiiier of or p�+ectude the exe�sise of�t►y rigtu ar remedy. •
<br /> � u. Srooesiors asd A�as Raund;�oint�ed Several l.iab�'lity,Co-si6aers. 7i�cmreaanc�and agc�nents of this
<br /> .�ity L�inunent shaU bind and 6enefit the sucressors and assigns of Leader and Botrow�;.snbjcGt m the p�nvisions of �
<br /> .. patagrapi� 17. Boma��.v's coveoants and agteements shall be joint and several.My Borm�ee whA,c�o-signs this Security
<br /> Iasnument bnt dacs�t eaecute the Nae: (a)is co-signing this Securiry Inttsument anly to mi�rtgageJ giant su�d casvey that
<br /> � Boaower�s intei+est id'the Pcaperty�mder the tenns of ttus Socarity(nsdumrn� (b)is not pe�sonafly oblig�to pay the sums �
<br /> secured by this Securiry Ins�eumea�and fc?ag�+Ces that Lender and�ny otha Borrower may agree to extend,modify.forbear
<br /> or make any accommodations with�egard co the:tetms•of this Security Inswment or the Nae without that Borrower's
<br /> . co�scnt • . '
<br /> . .�•La�n Char�es. If the loan secw�ed by this Serurity+.Instrument is subject to a law which sets mauimum loan ,
<br /> ,'.,�``�. �L. :d�and that 1aw•is fuially interpceted so tIsa�:@is interest ar ather loan ciraiges,coltected or to be colI���O in caanection
<br /> wit'��e doan eacad the prnmitted liauts„ct�ta?��'wch loan charge s[nll i�e seduced by the arnount:ita�sary to raluce
<br /> , � tht chs-.�e to the perinitted linu�a►ce�.(b)a�y�►s alieadY collected from Barn:��r whlch exceeckd peci�?it�limits w71 be
<br /> tefuaic�ed So BorroweF Lenclet ma.y.dxiKSS�c�;�e ihis refnnd by tiedacittg tiie,. '��a,�va�qi�r t�e�ote as by makiug� , -
<br /> dicect��nent to Borrowe�:,If�t��reduees principal,the c�edaction will per�trea'.e����ia!.p�paYment Wnthout any
<br /> PRPa��charge under the Nota." . � . �. .
<br /> 14. Natfcea Any.notioe to Borrowe�pmvided far in this Securitp��nx-�cTaent,sirall6e given by!.�elivering it or by
<br /> ma7ing it by first claas mail unle.ss applicable law requires use of another methad.The notice shall be dir�eted to the Property
<br /> Addiess or any otl�er address Bo�rower designate.r•by notice to L.ender. Any notice•ta l.ender shall he given by first class —
<br /> mail to Lender s address stated herein or any other Address l.ender desigrtates by norioe.to.aarrower..Any notice provided for -.
<br /> ia.this Security [nsuument sha11 be deemed co have been�,iven to Borrower or l.ertd�r.wEsen gipen as provided in t�as _,
<br /> P�B�Ph• , � _
<br /> • 15. Governing Law; Severability. '!'��.Security;[ostrument shall be govemed by�federa{ iaw and the law of.t�':� • _
<br /> jurisdiction in which the Property is located. �Ce dx evene that any provitiion or claose of this Security Instrument or the hi�.
<br /> canfliets with applicable law.sucb conflict sha;l ndl affeet other provisions of this Serurity(nstrument or the Note whicl�':^.�� ' _
<br /> be•gif.ai eifect wiihout the car,fliuS��pravision. To this end the provisions of this�Sc�usity•lnstrument and tfie Nc�:-ara: . ' `
<br /> decl�s�be severabl� _
<br /> 16� $orro�reP�s�cnpzL��a,En,:�a+,.-�r sh�ill be given one conformed oopy+of the Note and of tfiis Security Instrument. ' _
<br /> 17. 1Fansf�r mEild��*ropt�'ty or e Bedelk�lal lnterest fn Borrower.�If ull ar any patt of the Property or any interest in
<br /> it is sold or transfer.rot(�r if a beneficial interest in Borrower is sold or transfeaed and Borrower is not a natural petson) � -
<br /> without Lender's prior written consent.l.ender may,a1 its option.require immediate payment in futl of all sums secured by =
<br />: ihis Security Insuument. However.this option shall nat be exercised by Lendcr if exerrise is prohibited by federal taw as of �.
<br />; the dato of this Security Instrument. , _
<br /> If Lender exercises this option.Lender shall giye Bnrrowee notice of accclerntion. The notice shall provide a period of =-
<br /> nd less than 30 daSs ft�m 1he date the notice�is d�,cJi��ered or maited within which Barrower must pay all sums secured by this =
<br /> Securiry Instrumertt 1f Boirower fails to pay�.�e sums��prior to the expiration of this period. Lert��muy invoke any ;*
<br /> tetnedies permitted by t#»s Secusity lnstrume::F�a1i'�oue futther notice or demand nn Bnrrower.
<br /> I8. Borrawer's Right to�teinstste. tf Borrower meets certain canditions. Bonouer shall have the right ro have °
<br /> . . e�'orcement of this Securi�y frt�mxce��nt discontinued ut any time prior to ihe earlier of::lai�days(or such other period as
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