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. . . , .:c- �. . • - _ - -- — ,— - -- -- —_. � — — - — --_ . . , � . . . . . �, t� . _� � i� � ; . � . ` , . ,� V , . .: � - � _� _ 94��. - : . . 000d�aoa ar o�er t�icing of�ny p�t of q►a Qmpe�ty,a far canveyanoe in lieu of caad�mtudan.at+�lx[ebY��i�1� ` • �inil.6c.p�id�t�e� � .. • � . . �, in the ave�t of�tonl.takia� of the Plropaty.trie pacads shsll be applied-to tLe siuns sA��bY � �Y , . ` Iosavmd�.Mhetber or aot tbe�d�e,witb any�extxss p�ud to Bamwer. Ln We event of a put�sl taking of.the Propetty�n • , vrhic6 the fiis matlttt�vatue of the Ptoperry imaxdi�tely before the talcing is oqual to ar gte�ter ttan tbe amQUnt oE the sums 'aecu�ed 6y this•Si�cvdty Wtruineat ir�ately befa+e�he taking,imtess Banavner and l.eeder ot6erwise aaree ir�wrising, . the smns sGCUta�1 bY this Sa�uity�nswment slWi be�duced by t�e ambuat af t6e pmceeds muhip�kd by the followmg . �ctioe: (a)the.Wfai aimamt of tbe sntns sa��d immediately befoce the talcu�g.dividod by(b)tbe fair ma�ka vatue of the p�p�►�Y�xt'ac�d�C takin&.My bat�ce s�ul!be paid ta Borrower. [a the evait ef a�uti�i�in�of the . Ptopaty in wLic�the fiutir maricet value of the P►vpett�r immediatcly before the taldng is tess than the amwnt of thc swns . aa.�atd immediately befae the t�king,iqikss Banuwer and I.ender atbeswise agr+ee in writing or nntess applicaWe iaw , o�erwi,t�pruvides,tbe proceeds shall be applied io the st�ms secuned by this Secusity tastwnent whetfxr or not the snms are tbm duG � ff the prop�cty is a6ando�d 6y Bamwer.a i£after noti�e by I.tnder taE Bom�uwer d�at the caxlemnor oQets m m91ce . , �awacd oc sdtLe�claim for,danu�ges,Bativwer fails to�espond to l.snder widnn 30 days afoer tLe date the notice is given, . . l.eader Ls aotbarized m oolkct and appty tbe pcacads,at its option.eitber m restoration or repair af d�e�ropecty oe to the sums secored iy dus Sxurity inxtnunent,wlmther or not tben due. - Unkss L�eneier and Bor�awer ot6erwise�g�»e in writiag,aay applicadan of proceeds to principal shall not extend or p�lpoije tbe dt�date af tbe mont6ty payments referted to in paragraphs 1 azd 2 or change the airiount of such paymenu. . 11. Ea�ro�nr Not BeMased; For6esrance 1i9 l,ender Not a Waiva: Fxtension af the time for payment or madii'kation of apwni�tion of the sums secared by tlris Se¢urity Instmment granud by i.ender w auy succs�or in imerest of Bamwer sk►li aot apeiate to iekase tbe liability of the originai Bormwer or Bomuwer�s suceessms In interest.L,ender si�lt not b�nquiied w coa�mence proceedings aSainst aay successor in inurest or n�t'use to extend 6me for payment or othetwise mad�y amo�doi�af tbe sums secured by thisSecutity fnstnunent by rcason of any demand made by dte orig�nal. Banowa ar Bormwer�s s�xtssors in intecest My fo�bearanoc by l.eader in e�[et�cising any right ar remedy shail not 6e a waiver df arpxluda the exercise of any right ar remedy. . � 12. Socoes�ors s�d A.�i�s Baa�d:Joint and Several Liability;Co�ners. 77x covenaats and agreemenu of this Sep�rity Inswment shall bind and benefit the successars and assigns of Lendes and Bo�rowet,snbject w tht prorisions af . pang�aph 17.Botrower�s covenazrts and agrcements shall be joint and severnl. My Borrower who ca-sigos this Sec�uity . InstntmenCbut does not execute the Note: (a)is cao-signing this Security tnsqvment only to moRgage,grant and convey thai � BoROwer�s intenest in the Property under dse tertns.of this 5ecurity Instnunent; (b)is not personalty obiigaud to pay the surus . .' . secu�ed by this Securiry insaumen�and(c)agrees that L.ender and any other Borrower may agree m exund,modifjr.forbrs _ or make any accommoda6ons with regard[o the terms of this Security lnsaument or the Note withont that Borrowes's = caoosent. � . 13, l.oan C6arges. If the loan secwed by this Security Instrament is su6ject to a law which seu maximum taar� _ chazges.aud that law is finally interpceted so that the interest or nther loan charges collected or to be collecied in connection wid�the lo�n excad d�e pern�iued limits.then: (a)any sucb loan charge shafl be reduced by the amounc necessary to raduce ttie chatge w the permitted limi�aad(b)any sums already collected from Bonower which eaceeded permitted limits witl be � tefunded to Barower. Lender may choose to make this refimd by reducing the principal owed uader the Note or by making a• dimt papa�ent to Bomower. If a refund reduces prirrcipaf,the reduction will be treated as a padiai pcepayment without� - pcepayment charge umd�-the Note. • 14. Natices. Any noace to Borrower provided for in this Security Insuvment shaQ 6e given by delivering it or by � - mailing it by fust class mail unless applica6le law mquires use of another method.The notice shall be directed to the Property _ pddtess os any otlur address Bomower designates by notice to Lender. Any notice to Lender shall be given by first class maii to Lender's address stated hcrein or any other address Lender designates by notice to Borrower. Any irouce provided foz � in this Security lnstrument shall bc deemed to have been given to Borrowcr ar Lender when given as provided in this = P�B�Ph• � 15. Coveroing Law; Severa6ility. This Securiry Instrument shaU be govemed by federal law and the law of the �- jurisdiction in whicb the Prope�ty is located. In the event that any provision or clause of this Security Instrument or the Note �- eonflicts with applicable law.such wnflict shail not affect ather provisions of this Securiry Instrument or the Nae which can � tx given effect without the confiicting provision. 'tb this end the provisions of tflis Security inmument and the Note are �" declared to be severable. 16. BorroWCr's Copf: Borrower shall be given one confortned copy of the hote and of this Security lnstrument. ' �� 1?. 'Ilraaskr ot thr�roperty or�Beneticial lnterest in Borrower. If all ar z.�y part of the Property or any interest in �:� it is sold or uar�sferred(or if a beneficial interest in Borrower is sold or transferred and Borrow�er is not a natural person) F. witlwut i:encler's prior written consent.Lender may.at its option,require immediate paymen�in full of all sums secured by , _- this Secc�tgr Instrument. However,this option shall not be exercisec�by Lender if exercise is prohibited by federal!aw as of _ tlu dace of ihls Security Instrument. � � _- If Lender eaercises this opuon.Lender shall give Borrower notice of ac�eleraKon. The notice shall provide a period of' • � � not less thati 30 days from the date the notice is delive�d or mailed within which Barrower must pay a11 sums secured by this - Secudty iaswment. If Bonower fails to pay these sums prior co t6e expiration of this period. LenQer may invoke any i remedies p�nitted by this 3ECUrity lnstwnent wiihout further notice or demand on Borrower. F •, 18. lPorro�ver's Right to Reii�sstate. If Borrower meets cerlain conditions. Borrower shall have the dght to have : ., enfarcement of this Security Insttument discaminued at any timc prior to the earlier of: (a)5 days(or such other period as �_ � ' Single Fimily--I+a�mk Mae.'6roddk Mac OIVIFORM IN57'RIIt�tEtiT•-Uniform Covtnants !!!� (pcae4 nJb pagesl � .} _ __--�,.sr�__ - ,_'�R�:,,:�-f'.�E".: ---'�'�;,�,�..,.a�-:_:'�'::r��':�c�;�!lF��:j.�:'��: .�i . �-:,-_�.-�:- .. •. . . -iz _ . r. . . . � � *:-f: . . _ . �.., . � -. ` � . • • ' .