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<br /> `. . ' �or ad�ar t�tiei oE a�Y P����Y.ar fa oo�vey�irt Iiw doo�dame�tiai,ar he+�b�f��� � , ,
<br /> � �fail�be p�i dto l.e�d e c ' d1e sbdi be applied w d�e sums eecured by dus S o c u ri t�'
<br /> in ik erent oi a wtai Wnai t�d� �Y• � M the event o[� W of d�c thape�ty in �.
<br /> ` Iaqronxnt,wbether,ar not dKri due.with any e�P���0� ���oi the swm
<br /> . ' ` . w6icb�he�air n�rrtoet v�tue of t6e Frape�ty inrnediau ty b e f a R t h e t�in8��t o o r�e�t e r .
<br /> . �ecurnd bq Nis SeivdtY in�naneM irtanediaoety befar d�aicing,unkss Barowa aod Leeder wfyecwise apo��n a'�tin6�
<br /> �tbe sums�ecured by t6is Secucit�i 1�hum�t sL�ll be t�uced by the,�aunt of tbe�roceods multiplkd by the fdidwina
<br /> •fr�ction: (a2 the taW anauet of tAe sums aecumed innnnodiatelY befae the taking,divtdod by Eb)the[air m�rtcet w�lue d the
<br /> ptupeKy i�amodi�tetY�Ct'aet sbe qkin& �►�►Y b�lwnoe s�{i de p�id w 13ot�'°wer. ltt the event af i patjsl talcing o[d�e
<br /> - P4opaty m w6ich the fqnr m�et vafue of the Ptvpaty imn►ediadtly beEore the wging is kss thas the amount ot d�e sws�s .
<br /> saqued immedi�elY befoca tix tairing.unless Boriower an3 Lender otlktwise agee m wridng or unkss appli�abk law �
<br /> � �yQ��,the pcocads sl�ll be�pplied to the sums s,ec.'wiod bY t�s SeCUnq'insuu�t wtxtNer a aot the Sums arc . --_ - _ _
<br /> - ----- _ -�_ =_--�-___=_----_-..� -. .--- -. - _
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<br /> . . ..... ...._---�--:---- ___-- --- � -
<br /> _�. _ __ --� �f tAe Property is ab�oduoed bY Bonuvrer.cx i�atter fwtice bY L.ender t°�Ro��►�er�tt�t the caidem�or of�ers to mate
<br /> � an a�d oc seWc a ciava fur dmm�s.Boriowec fiitz w respoad w I.etder xnt6in 30 d�'�after the duc ti�notice is givai.
<br /> L��der is aut6otizod w cdlect and�pply t6e poceeds.u its optiao,eitber tn c+estaatian ur,�epair of the Prope�ty or to the.
<br /> � `sums seca�zd by triis Sa�iry I�b wheQ�er or na d�d►d�. ��nne ex[end or •
<br /> Unfess l.ende�aad Samnwer otherwise agrea in,writing.any apptication of p�ocseds w•Princ.iPal� .
<br /> postpoeed�e dae d�ce of the monthtY Payments�ferned w in paragrepl�s t m�d 2 a chango tht anwunt.of�paynxnts.
<br /> !!.Borcower_Not Reimedi � B�!� Nat! Wafver. Extension�of�itllp•t�IM+;fcr.�y�rest
<br /> �oa of u�of the siuns saviced by this SoauitY L�sauma�t g��d t'Y L�*�O's'"r���
<br /> of Harmwa s6a1!not opento to rekase the lia6iliry of the arig'wl Bo�mwer or Barcowcr's sua•.esso�•in�intetest.l.enda: - -
<br /> - ----� sUaII ad 6e roqoind to conu�sc�Pmce�°SS A8��y s�xs�or in iaterest ar:cfuse to sxisnd time for payment or ,
<br /> a6ecwise modify amo�Urddon of d�e swas sawYd by th�s Security Insm�m by t+�son of any den�nd made 5�a�g��l .
<br /> Bortowa a Boaower�sucroessots in inte�est. My fabear�nce by.I.ender in exe�eisin�anY riBM or icmedy
<br /> vr�iver of oc pecladetbe exetcise of any right or m�y. ats of this
<br /> �I Sr00!lOfs Md�BOYM�s.IO�IIZ�S!YlfNi�T's�'��'��COYCQB[ItS 31M�S$[COriIE . .
<br /> S�ait}�lnsuumem stnll biad wd beneftt tlue successas and assigns of Lender and�8omower.subjut to tl�c prov�sians of , --- -
<br /> • paragr�h 17.Barower�s covenants and agRements shall be joint anJ several.Any Borroacr who co-signs this Security �m
<br /> �t but does not execute the Note: (a)is co-signing this Securiry Insb�nnent only to mortgage.8rant and convey that
<br /> Boaovver's interest in the Prape�tyimder the terms of ttusSavrity(nsuumenx (b)is not pe�a11Y obligatcd to pay the sums ��_
<br /> � �:���ro.
<br /> sec�d by tl�is Socuriry Instn�ment;arid(a)ag�es that Lende:and any other Barmwer may agree w extend.modify,foibear i �.
<br /> �`�ra�
<br />- ��ke any accommociations with negard to the tem�s o f,z h i s S e c urity Ins t n ement or the Note without thac Bomawer's . �i,�w
<br /> - -— . . �sen� '�--'`
<br /> - � , i.i i,ou�Chal�es. If the loan secured bY ti�is�?i'nf;inswment is su6ject to a!aw which sets maximum ioan b��,�
<br />-- � . 's final► in ted so that the inte�s��z`��iher loan charges coltede�}or to 6e collected in connectian �_,,,_.
<br /> charges,and that law� Y t� -�rge shaU�be reduced by the amaunt neces�ry to reduce• ---•-
<br /> with the loaaeaceed the pe�mittod limits.then: (al.anp st��iq�� rmittod limits wi116e —
<br /> the charge to the pe►znitred limi�and(b)any sums atraady cdls��.3:!f�o�.��nwer which exceeded pz
<br />_ -rtfsmsted t4 BormvFer r<-enckr may choose co maice this nefua@:��lucin�,th•s�rincipal owed under the Note or by making a ,r.,e ;.-T
<br /> e ment without an : �
<br /> � ��,
<br /> _ - --- - daxt�aYYt�ent to S'4ii��iver. ff a iefund reduoe�prineipal;tlz:a�u�siomwill�be treated as a psut�pl,P�PaY . �� •_
<br /> - P�,'�z�t charge un�er the Nata. ..d.
<br /> Il� Notices. Any notice to�Bortower pmvided for.imtlua Secuat+��lnstrument shz�Si���iven:by delivering it orby• ,��f��
<br /> � �,-�� maising it by first class mail unless applicabte!awleqqims use of another method.The noa�ra�idl�be dinected ta the PcopertY .r:,°�,
<br /> �:•`�`�,: padre.ss or any other address�orrower designate�c dy�notice to Lender. Any norice to Lender sht►Il�be given by first class �;
<br /> �Y�;.�.�.,_:� _:-_.:: mail to Lender's address stated herein or any other address Lender designates by notice to Bortower. Any notice provided for :,��,'
<br /> ''°_'`-�'`"-''�`�''•� in this Security Instrument shall be deemed to have been given to Burrower or L.ender when�Diven as provided in this .�j..
<br /> �._._
<br />_ � f�,�,�'..,.,�.� ParaSraPh• . . ���
<br /> "9;t�-�.� ;:;;;� 15. Govecn ing L aw;S evera b i l i t y. 7 t e i s S e c u ri t y I n s tt u m e n t s h a l l be govemed b�fedeml�law and the law of the ,� �
<br /> ` �'�"' = jorisdiction in which the�raperty is located. M the evert�that any provision or clause of thi.�5ecurity Instrument or the Note �;..�
<br />: ;� • • �..-::. .. .:'. .. . ,c'?:r=.:
<br /> t �•= � conflicts wi t h app�iea b l�law.suc h c o n f l i a t s h�l i!n a t u ff e ct other provisians of this Security lnstrument ar the Note which can .•�:i_-�
<br /> iG 1-� •.::-:-- :.� - '
<br /> :� .�.,�t:=.�. , ' ;- be g'even effect withoul�tfit•contiiciing provist4n:E 'Ih�this end the provis,nns ofithis Secwity Instrument and the Note are _
<br /> '•=i�:::�•._ :. 'C�.."C�ik��LO�C SCY2f3�ltC. • �— =, .'t�—�
<br /> �''"�� ' • � ' B6. Borrower's Copy. Ba�rower sha?1 be.�eaen one caafdm�ed copy of the Note;srci�.�f this Security Inc�rument. � • ;a�
<br /> .v:���;: . ,� •. .
<br /> '"- � ' 1F7. 7lransfer otthe PropercF mra Seea��e}allntere�iQSBurrowcr. If all or an}��.:rr.�af the Property or any interest in ,, ,;
<br /> •• ;,, 8 ,
<br /> is is sotd or transferred(or if a bene5ciul i���i'�s��in Borrower is sold ar transferred a�L�!L�eROwer is not a�atural person) ,` ;:y;� :;
<br /> - without I.ender's prior written wnse�b t-r`r,�m��J•at its optio�,requirc immediate pa}�er�si in fuU of all sums secured by � . �`''if�1 •`-;
<br /> � �',���. � � this Security lnstrument. However.this option.chtt�l not be exercised by Lender if exercise iti prohibieed by federal law aS of :j .. ��:�.:,, ,;:�
<br /> � " . the date of this Security Instrumeca. '`��' - ' "'
<br /> 1 . i;,,.
<br /> If Lender exerciset this opri�an,•Lender shall give Borrower natice o f ucce leration. F�:n o ti c e s hai i p r ovide a p eriod of :;;.�}rs•;f,.;:,,��'f.,
<br /> •y�4°n'� cr�rt le�s than 30 days from the dac:�he notice is delivered or mailed within which Borrutr�c raust pay aU sums seeured by this , . ,;,.�{,;,;�,;.� .
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<br /> ,, �y:t•, .,;•,,.:y.: . 5a�niiy Instrument. If Borroa�er failx to pay these sums priar to the ex�Eratioa of t�;:�peaod. Lender.may invoke any • ,.,
<br /> t�;�� • '.,;;,,,��:�.,;• '._ . . c�,*�,��t�pennitted by this Securiry lnstrument without further notice or deni:.nd on,Borrow•er.
<br /> � �i �� '�', • � • 18..Borrower's Right to Reinstate. lf Horrowcr meets certain cu��diciun�. Borr«wer shall have thc dght to have
<br /> '�•�`'.;+'•:�t` • ` er_far�tECtenuaF�this Security In�trument dixcontinued at any time prior tc che earlier o€: ca►5 days(or sucb other periab ac
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