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<br /> �d�ap Q�r ta�a�a�►P�of the Ra�patr,afac canve„�ooe in ueu of.�iaa,�ee�►�.a�ea�:a
<br /> , eh�U be p�td tq L�ender. , _ �. ` �
<br /> ' Ia'!be erent nE t tont faitit�of the Fiopetty,the ptt�c,eedt sliill be applied fa tfie sucim�ecarod by tlns 5ec�ei�Y�. :< �
<br /> Iastnnnen�wrhe�ha or nat tha�dut.wil�aay euaesa psid to Bamwer.`In't6e eveat of�p�rtial t�ng of t6e Propaity io '
<br /> • `. � wlsioh dic f�ir mnf�et�ntue of the Ptopaty i�uoelg befae d�r t�tin�is�qual w or�ter than the amovnt af thc sno� �
<br /> � eocate¢by t6is Security Ineatma�t immediiuclg befo�,thc t�ing.unkss Barovsra aed i.aader odterwjse�geee ie w�ias,, �
<br /> _ th�amns sxate�by this Security Inst�um�nt shall 6e.t�by the aQiouirt�of the prooads muNipt�d iry the fdbwing
<br /> fmctian: ts)tLe toml an�ount of d�e suzaa sec�ued'unmo��teIy befae the t�king.djviaed by N)t6e Eair m�dcet vs1tK of d�e
<br /> Plapatg imatediately 6efort tbe`Wcing M�r b�i�noe:sh�ll be puid w.Ha�ro+�er._ Ia the evmt.ot�p�tial taktt�d d�e
<br /> Prope�ty m whic6 t6e fiir muicet value of the Proptny irmned�tety befae.the takiag is ku than the�unamt of the wrm
<br /> 'sxwed'une�edi�tet�r befa+e the t�king.unkss Bam¢wer a�d l,aider atherwise agree�m writing a unkss appiicabk 4M
<br /> �_.—_ - �-,--__,.,__-.ntl�w�idss.the DtoCeeds shall 6e applied w Ux sums secuc�ed by_this Sacurity Insuument wl�etfjer ar not the sams are
<br /> _ �� . - - --—:— �--- ---- - - _- -
<br /> If�he`P�ape�ty is N�taKd by L�ntiuwer.or H.�tter notice by Lende�w Rarowe�that the ca�teero�ar offers W m�ice.
<br /> •n aMa�d a seltk a ctaim fat ili��es:Banowa fiiis to�espord to i.ender within 30 dags Jte�the ds�e the ratice i.s�iven,
<br /> t.er�der i�wthoti�e�lo cdlec��nd appiy the ptoceeds,u its optian.either to cestaati�x�a rcpi�of ttre Pcapaty or w tl�e .
<br /> � . wm�secwed by.tbis 5erurity(n�runteM.�wiwetlk�ar no!then due. �
<br /> Unipw L,ender�nd Botrower ahenvise a�in wri�ing.any�lication of procads ta priacipat sh�ll not exteed or
<br /> patpone tlk�due datc of the monthlY PsY�nts rcfeaed to ie pora�rppi�s i w�d 2 or ch�n�c the�rt�aunt of such paymeats.
<br /> il. larr�wer Nat Rekarer: lirbara�oe I!y L�e�de� lVet R Waiver. �unsion of the tLee far psyment a
<br /> �od'ific�tian ot an�ortlzatbn of tlie sums securM by�his°Security Insaumenl�ranted by i.rndei w�ny woce�ar ia intesest
<br /> -- _ — af So�o�et sl�a!!�M,operete iQ.nekast the ti�illty.of the orisin�i RaROwver or Bormwa's successors in i�a..T.ender _.
<br /> _ :Iiap not be ieqnind to comnKnre praoeed'nrgs agoinsc any suooessor in intec�es�ar.refuse w extend time for paydxot a
<br /> � ottnrwise modify artwAizuion of tl�e sums sec�ued by this Sccurity Insuunxnt by rea.co�of�ng drnned fnade by the oripnal
<br /> Bonower ar�anower's sue�cssocs3atinteinat. aing fofiearana bY i,ender in eaertissn$my right or remedy shal!aat be a
<br /> waiiver of a peclude the exeacise af any rigM a rtmedy. •
<br /> 12 S�ee�s and Asei�BoYad;ld�t aed�fieFerall.hbWlyi�-� 'Ibe covenants and agrernaents of this
<br /> Socurity Irudumeat stu�ll bind and beaefu the su�acessas and acsigns of Lerdu and Bott+owa.suhjxt to tlr provisions of
<br />�` paragraph 17.Borrower�s covenants and agc�eemeats shal!be joint and�eversl. My Bo(rowe�who ca�sigss tfis Security �
<br /> - Instruman but does not execute the Note: (a)is cascgning this Security Insm.�ment anly to mortgage,grant a�d coavey that
<br /> Bomnwer's intere'st in the Rnperty under We tem�of this Soctaity fishurtRn� tt�)is not persortally obligaaa!w pay the suan
<br /> ' secured by ihis Security lnswmen�and(c)agrees[bat Lender and any other Borrower may agae to e�d.madify.fo�bear
<br />-��— or m�ce any accommodations with regard to thz t�us of.this Security Instnimeot or the Note witEwut tfiat Bomnwer's
<br /> consenG • '
<br />- � 13 Luota Chpraes If the loan,secured by chis Security Inswment is subJert to a law w6ich ses maxim�m loan
<br /> charges,aad tliat law is finally interpiet�3 sa that the inte�st or other loan ciiarges coUacted or w be voIl�in connecdori
<br /> ' with the laan exoad tlw permitted limits�thesr�(aT any sueh loan charge sha116e reduced 6y the amount ueo�ssary to tedaa
<br /> an
<br /> ��'�,, � the charge to the permitted limi�and(i�)any sumc atnady collected from Bolrower which exceeded permitte3 lirs�its will be
<br /> � -:refunded to Borrower. Lender may choose co m�ter this refund by reducing tiie principal owed unQes ihe Nn�or by making a
<br /> ,n . :�`.3uect payment to Bomower. If a refund reduces prin�ipal,the reduction will�be t�eated as a pattial p�paym�•without any
<br /> � ,.' 'F�repayment chargs undeT tire Note. ' � ` '
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<br /> .•�a,;•+,,;: ' �. 14. Notices. Any nodce to Borrower provi��for in this Security lnswment shall be given by de�r�ing it or by
<br />_, %- ,�;� 2�,;P'�,�,~ � atailing it by first class mail unless applicable!aw r•�,�q'ues use of anothet methad.The notice shall be directe+:�La the Propecty
<br /> - �tst �.�Y` ��.. :�ddmss or any other address Boirower designates�1�notice to Lender. Any aalice to Lender shall be gact��Sy fitst class
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<br />- �l�,�,'�"�,.�,��"�` ' �►ail to Lender�s addres�stated herein ar any other a�d�ess Lender designates by�udoe to Bomower. My c*ia�ae?�rovided for
<br /> �. �..p.�M:. ,,� �.in this Security lnstrument shall be decmed to I*.�ve tyeen given to Borrowe:or Lender when.given zs:�vided 'm this
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<br /> - - �µ ,�r :. l3. Cooerniag Law;Severa6ilitv.,'7'�is Security Instrument shall be govemed by fest�ral taw��the law of the
<br /> ;; • ;�, , r, �,jurisdictian in which the Property is toeat�3. M�tte.event that any provision or clause of this Saourery i�ent or the Note
<br /> � "°���":•:^�' �• � '�� coMlicts with applicabte taw.sach confTcr shali aoc affect other prov�sions of this 5ecuri�y Ids�meai�+se��Note wh�ch can
<br /> �-�:::.°;=°':> dF=- ' • . be given effect withou2 ihe conflic�ing procisia�: To this end the provisions of this Securicy�ins�uur:i�a:�lhe Note are
<br /> -Y��. " �:� dectared to be severable. ' ,' ' ' . .
<br /> �� �� 16. Borrower's Copy. E3orrow�r sha?i be��sn one confomied copy of the Note and of this S�Curity fa:�.r�::t�.z.
<br /> �'�;' •�... � � 17. 1Fansfer ot the Property or a Beneffca�at I�►terest in B'oirower. If all or any part of the Propecty or aay��rerest iri�
<br /> �,=�,. •:�:...� .' it is sold or transfeaed lor if a 6cneficiaf ini_rest:n 8orrower is sold or transferred and Bosrower is not a r�:usat•�nA
<br /> � • ,-•: ,.,.� _-; without Lender's prior svrinen consent.Lender r�ayT�at its optian,require immad;�tc payment in full af ait�s�,ns secured by
<br /> - � „+>�� , this Security Instrumeni..Nowever,this aption s,�at,not bc excrcised by Lend�s af exercise is prohibited b;�:�Pral law as of
<br /> '� `;''�` '."-:• , , the d�te of this Security'lnstrumeal. ' . ..`
<br /> `"``'•"•�.;,•�' If Lender exercises this option,Lender s!ha,r,�it•e Borrawer natice af acceteration. The notice shal}Qcovide A period of
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<br /> ;::,�y,}�;�a;�,� not tess than 30 days from the date the r:o*_ice'ss�elivered or mailed within which Barrower must pay all s,sns secured by this
<br /> "" � " �"''• 5ecuri instrumen� IF 8orrower fai3s:o �e4e sums riur ta the ex iration of this od, Lendcr:na invoke an
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<br /> • ,�.: ;.,. - remedies pertnitted by this Security lnstrumcr::A 2'r.oi�t further notice ar demand on Borrower. •
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<br />. '��' �: 18. Borrower's Right to Reinst�R� i+a:�rrcwer meets certain ronditions. Boaower shall hac•�;hr right ro have
<br /> � ���;�:� � . enforcemertt of this Securiry Mstrument��:ca-r�:ra93 at any time prior to the earlier nf: (a)5 days(ar si;:�'a a�ther period as
<br /> -�, � Singte Famit�--E�arir�1�Fceddie M�c IJNIfiORM INS'fRUMF.!�T-•Unifor.r,Gs%��*s '9!d !puge d njb pagea)
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