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�` °.c . � . ? •��U' `�. _-.— --- _-_-- — _-----.-_.--.--• --:_.__—. .—. _ ---� -� -�--- ------�-_—�-------^-^r'_;_'==."" < < ' - - . . t , � ; , ` . < <_ . � . . ;. � � � . �94- ��v0a��, � - �_ � ` �ooa�3eaafwios a bd�ar piti�oEaay p�itaof tT�a Plropaty,a�fa coavry�oe ia lieu at oaodema�ioa.ic+e b�e�t�+� � • �h1E be pqd b l.eader. � ' ' -- : ` , � " � L tl�er�dt oi a�oul t�ic&�of the Propaty:`1he peoee�c�li�ll be ipplied ta tha syms�I+Y d�is SeouritY: � .b�ce�eer,.wUaher a ea uKn aaG,.r;th aay exass p�s w earower. In dre even of�padsl nkin�of't�e Pmperey;e whid�d�e fiiir m�ttt vaMe pf the Pmpaty[mmadis�ely before die Wc�tB i3 equd.to or�a thtQ the�oouet,of t6e wms ` ` �ecaeed by ti�k Setwity Lutmm�nt i�ediatety 6etbee the p�g.anless Bonower�nd Lender udxrwisa sp�x in vv�etu�, ' die auaa�a.�oaed by tLois Securitq Iratrart�t shall be tcd�ced by tbe amau�t nf tlse P�ocea��nW�iPlie�bY�4e following � . . , . . 6actiop: (a)d�e�otal�nwuat of the amns secuned itpmediatelY befas the t�king,divided.bY(b)tLe fatr maticet vatue • ' �Y�Y��8- �Y balu�es aball 6s paid to Boerpwer. �rn�ne eY�e o�,��r�of�e � Ftopetty in�rhicb tl��fair m�lca v�u,o af We Prngerty immodi�cdy before tf�a�C;ng is iess than ttu�unormt oE d�e�sums � • �ecu�ed immediately befae the taticing,unle�Barowar siM I.ender ad�wise ag�oe�arrifmg or tinkss applieable l�w �o�wue' 'd�.pmvidesR d�e Prnoeeds si�ail 6e applied to the s�ms sec�aed by t2�s Saut�ty ic�trumrnt whethcr or not tbe surns ae . tf tbe Plvpeity it#b�odoad by Boti»wa.or i��notice by l.ender to Bamwer that the condempor o�as tn make . aa awraM ar adtla a cl�im for damages,Bamwer fu'Is w�pond to I.ender within 30 days afta the date tt�e notice is given. I.ead�et is autiwrized to colkct aad apply the p�uac�ds,at its opHan,either to restoratia►or rep�ir of dte Pmpecty or to the wros saeured by d�is Sa,�iry Insuvmea�ardetherormt then due. Unksa i.ender md Bonowei othe�wise agtee m writing.any application of pcoeads tu pciaeipa!sHatl mt eatend or pustpane d�e due date of tt�e monthlY P�Y�nts tefemed w in parag�aphs 1 and 2 ar change!he arta�nR of s4�cb p�ymeu[s. iL Darrower Not Rdeased: Fa�beusea sy l.eoder Not a Wa[ver. Extension of the wrie for paymeat or mo¢ifiaitian of amorti��tion of the smas socured by this Security Instrunxnt gtanted by Leader to any su�.ssar in inte�est of Bonower ahaII not operate to releas�the liabitity of the original Aorroaer or Bor�ower*s sucas.gors in iate�est.Leoder ahaii nat be zequit+ed w commenx proceedin8s a8siqst anY saccessar in interest or nefuse to eateEid time for payment or - ` odierwisa modify anwitiz�tion of tLe sums sectmed bjt ttus Security Ins�ment 6y ceason of any dema�td made by ihe o�igiaal < Borrrnver or Bormwer�soccessars in intetiest Any.f�an�x b}r LRZtder in exe�!c�sing any right or nmeciy sfisll aot he a ' waiva of ar p�eciude tbe exeneise of any riEht or ie � ��•� � 12. S�a+eatots sad A�m Bousd;Joint and�e�L�bi�g.�Co�s�iers:'lUe.coveii�ats and_agcan�enu of dus Socarity Ins�ament shatl bind and beaefit the succeC'sb4s and assigi�.o�°i:ee�es a�:�im�ii�ee';�.�ib�ect m the pvns�ons of � p�ragxaph I7:Borrower's covenaats and agcamea;ts s�atl 6e joint and severa�::�1ny Bor�i�,�es.vvT�i co-signs this Securiry Instruma�t 6ut dnes not exocute the Note: (a)is co�go�$dus Security Listmm�aE onIy w moirgage.grar►t ao�.�onvey thaz Bort�nwer's intetest iu tLe Property under the terms o�'lfiis Security Instnunen� (b)is not pessomm�lCya6ligatW m pay tl�e s�ms � sectmed by this Security Instrumenh aad(c)agrees that Lender and any other Boaower may agnec�to eatend.modify,forbear or make any wxo�mr�odations wiW:�eeg,acd to iha:.tetms of this Secuirty instsument or the Nupte without that Bomowu's consent . • , ` .. 13 I.oan Charges. If the toau�secumd by�th�s Security Instnunent is subject ro a taw which seu maximum ioan , cAarges,�and that tawis finaUy int�tpnted so that tlie interest or other loan charges collected or to be coltected in connection ' witb the loan exceed the permitted limiRs;then: (a)any such loan charge shall be reduced by the.amamt necessary to reduce , the eharge to 16e pemuued Gmix and;(b�3 any sums already colJected from Borrower which exceeded petmitted limits vin'11 be iefiudedier8o�mwer. Lender may ch6ose to make this nefund by reducing the principal owed uader the Note or by malcing a , d¢ect peymtm to Rpmnwer. If a refund reduces principal.the reduction will be treated as a partial prepayment wtthaut any pcepaymeat charge under the Note. . 14. Notkes. Any notice to Bomower p�ovideit for in this Security Instrument shal!be given by detitiering it or by mailIng it by first class mail ualess applicable law m,qui�e"s use of anaiher methad.The notice shaH 6e directe�to t8e Pmperty Addtess or any dher address Bocrower designates 6y notice to l.ender. Any norice to Lender shall be given by fitst class mail to Lender's address stated heceiR orany other sddcess L.ender designates by notice to Borrower. Any notice provided for � in this Securiry Insmiment shall be deemed to have been given to Borrower or Lender whei�given as provided in this p�IS Governing Law;Severs�bility. This Security lnstrument shall be gov�med by federal law and the law af the jurisdietion in which the Property is located. /n the event that any provision or clause of this Security Instrument or the Note conflicts with applicable law.sucfi canf7iet shall not affect other prov�s�ons of thia Securiry Inst�nent or the Note which can be given effect without the conflicting pcovision. To this end the pravisians of tfiis Secariz,':;nstrument and•the iVote ar� � dectared to be severable. � � 16. Borrower's Copy. Sorrower shall be given une conformed copy of the�ote and of this Security Instrument. 17. 7Fanskr of the Property or a Beaeflcial lnterest in Borrower. If all or any part of the P�+operty or any interes[in it is sold or transfemed(or if a benefccial interest in Borrower is sold or uansferred and Bo�rower is not a nataral pe�so.�D � without Lender's prior written consent.Lender may.at its option,require immediate payment i.�.�ull of all sums secured lv�; th9s Secarity Insuument However.this option sha0 not be exercised by Lender if exercise is��e�ibited by federal law as o: , the datc of this Security Insmrment. ' lf Lender exerclses this option.Lender shall gn•z Borrower notice of acceLz�on. The notice shall prmv�3�:a period of , ' not less thaa 30 days from the dAte the notice is delivered or mailed within whicir�orrower must pay all sums s:cured by this Security lnstrument. If Borrower fails to pay these sums prior co the expiration of this pericw+, Lender may invoke any ' ,, nemedies pemiitted by this Seceriry Instrument without further not:ee or demand on Borrower. 18. �orrawer's Right to RelnstJ�ta lf Bosrower mee�s certain conditionc. Borrower shall have the right to have . enforcement of this Security Instrument dir,continu�3 at any time prior to the earlier of: (a)S days(or such othet period a� Singk Family••Faenk Mae/Fre6dk Msc i11VIPORM INS7RUMENT-•Uniform Covenanb !!� lpage 4aj6 page.$) —-- -------- __—_ �-e,;=:;; --_- T"LL`'.,��..�.a._:_ -=V.�m,.�-°��':s-?�"r�"'°+.. . .�.. , r,�.r�,rc f�rn.