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<br /> ` ` �{%�I��m1�1l�Ip���0lI�C�[SIOC�f�EC�.�O[b�OY�E i 10N tl�1►'0,11��b 1p�1���Of�1�� .
<br /> � �.�e a�d��r.�iQat[drooe v�i�6.ady wrjMm�e�e[m�t betw�eeu Boesewa ana Lra�er a�piiabk la�v. � � . .
<br /> � .!.I�i�lhs.t+aider or its�aat mry miToe�eruc�Dk akria qponVand io,peotiooi olf8e P�ope�ty.L�eadec�1t�ve,
<br /> • . � barower aafioe�t tbe time of a prior b aa ie�eetioa fpd�ttyin�era�aa6ia awe far d�e ieipa�tion., � . " . .
<br /> ` -:��i:�Ciiiie�ilioi.'Ibe paooeem of aa�s+vad or ddm fa dire�c a ,iie oanned�wa rri�b.�a�r
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<br /> ooad�ioa or odia taicieg of aay put of�he�y,or foe oonvay�ooe in liai of 000dw�atdon;are beeebg�aad-
<br /> � ' �il_be pidd to I+�adei. ' - . . , ,
<br /> - In tLo eveot of a taql twkiog of tl�e Propeity,`the proaeda sin11 be�pplied to tht wm�s ea�red tiy tLis Sxurity L�p'uaiaK,, . _
<br /> ��a aot d�en due,with say ex�p�+d to Borrva�a._Iu the evea�t of i p�ti�!t�lCio�of the Pm�pesty in MLicb ibe f�ir, .
<br /> .- �madcet valoe of t6e Piopaty immediaidy ixfae the takin6 is eqa�l to a gnata tlm tha anaunt of tbe sda�aacutad�y dKt -
<br /> � Securi�jr TmWmeat immed'�Eety befone d�e ti�ing,auiea�Hornowa�d I�eoder ad�arrvise agr�e ia�vritic�,tLe s�s�ecuued ly .
<br /> ,t6is Seauuy In�cammt alall be ted000d by tbe�,of d�e proc�oeds muitiplied by tbe.foltowios�tr#ction: (�)tLe Wt�
<br /> • '�oE the su�sacuiad.immedisteiy before Me t�,divided by(b)tbe fsir mar7cet v�lue of fbe Fmperty iramedi�tdy �
<br /> �'�t�1C.f�Og. l�IIy►�tlCG SZfiII bC�t0 BOR+OWC.IA WE NCqt Of A jldttl�t�C10$Of�!G P[OQC[ly In WIfiC�1 tbE f�lt
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<br /> . �.pqrlcet value of the Pmpaty immodialeIy tiefore the taldng is kss tl�an the�of d�e s�aauied immediately befoe+e dre �
<br /> tstin$,uol�ss Horrower aud L�ender aWerwise�gree in wiitirwg or anless appticable law otherwise prnvides,the prnoeods sht11
<br /> ' be applied W the aum sauc�d�y►tbis Sacarity Lu�mmt whether or not the sums are then due. � �
<br /> � If tLe Prnpe�ty is�iu�iooad t►y Bocmwa,or if,after mtiee by;�eader ta.$aGC?�wer that tl�e oondamier o�rs W m�ice an .
<br /> � ;;i�?aid or setde a cla��r-:c'�u�t2ges. �orrower fails to respo�W�`;�-�!;da�rs atter tbe,dxDc�;;�ntice is givea,
<br /> � . "��eiider is Authoriied to cotiec€`iin�.?Ppl�r.ti}e Ptnoeeds.at its aptiat,e's�6es�.�is�"af�on o`r r�it'�thC��br to the smt�
<br /> � . '�rrod by t�is Sec�►srity 3tuf rt�ment,v�'�ar not then dae. '`;� .� ``�, . . �
<br /> . ;f�:�:. Unleqs t�sicler wd�Botrawer ot5eswise sgree in writing, anY �P�i�tion of pr+oceods ta��P?1:s'l�itl not extead or
<br /> . "jPa�pone the dire date of tliei:�opshlY paYu�ents refen+ed Win paragiaphs 1`and 2 or change the amount'of sacd�,�rinants: .
<br /> 11.Bomo�rer Not�R�t;�orbmrstnce By I.endpr Not a Waivt�.Batension of the tbme far payc*�.;�ic�or uadificatioa
<br /> �,of amortization of tLe sums s�aured hy this Security InstruwenE granted by I.ender[o any successor in inier+eesst of Bormwu sAa!!
<br /> tat operate tp release the tiability,of.the original Borrower or Bomower's succe.ssors in inteiest..Leioder shaU not 6e nquired W. �
<br /> • comme�re proceedings against any successor in intet�st or nfuse to ea[tend time for payi�or pt�rwise modify amortiratiori
<br /> of the sums secured by this.:Sacuriry Iasuument 6y rcasan of any demaad made by the originaf Borrower or Borrower's
<br /> wccessors in�interest.,Airy�'v�bearance by I,ender in exercising any right or remei��r shail not be a aaiver o+F�ar proclude the '
<br /> exercise of any sight or�y: � � .. : �
<br /> - 22. S+ia�sors and As�igns Boued;.Joint and Several LiabilitY, Co-sign�rs- �he wvr:uan�s and'aer�ements of tlils .
<br />_- , Socurity Instmment shal!bind and herze,�iE.she successors and assigns,af 2.ender and,BorraweT,.sviiject td the provisiaas o�
<br /> puagraPh 17. Borrower's covenants and agreements st�all be joint and several. Any Borrowei who ca-signs this Security
<br />-_ Instrument but dces rat ezecie the Note: (a)is co-signing this Security Instrament oniy to mortgage,granE and convey that , —
<br /> Borrower's interest in the Property under the terms of this Security Instrumea�:@)is not personalty obligated to pay il�e sums _—
<br /> . securad by this Socurity Insiniment;and(c)agrees that I.ender and atry ather Boaower may agree to eatend,modify.forbear or �-�
<br /> make any accommodations with regard to the terms of this Security I�strument or the Note without that Borrower's consent. e�:��,�=
<br /> 13.Laan Charges.If.the loan secnred by this Security Instrument is subject to A law which sets maximum loan chargcs. �Ys�=°..
<br />- and that law is finally inter�.ted so that the interest or other loan charges callecteci ar to be rnllected in connection with the �':�'_�-====
<br /> ,;r.rr.__.w_.
<br /> = Iaan exceed the permftted E"•z;:,iu.then: (a)any such loan charge shall be reduce8�.by-lhe amount necessary to reduce the charge :t�t?.'•�:
<br /> to ihe permitted limit:ard f'b)any sums already coileae,a from B�rrower whica ezceeded pem�iated limits will be refunded to '�� i'-�
<br /> e .'�'=-k��i� Borrower. l,e�ufie�'�r �:oose t�,maice z,;.,- sefand by reducing the principal owed under t��e:�ote or by rmaking a direci ' _
<br /> ' �i.�:';���';; payment to ��ruvFer. �f a refund mdczc�s principal. the reduct'rora ui}1 be treated as a Fa�:�l.prepa}:nent without any � -�
<br /> ��=:_ '� prepayment charge under c�:?\ote. • . �,:�:-, , �
<br /> - .; �', :'~':3� .� 14.Notices.Any naci.�ta Borrower provided for in this Security Instnrmcnt shall bc given by detiverc�itor by mailing I�;i'+ir:�:, ..y=�
<br /> ��"�� • it by first class mail untess applicable law reyuires use uf another�rte�..od.The notice shall be directed to tfle Properry Address E:'�`. •"��'�
<br /> �`it�„�:""'" or any other address Borrower designates by notice to l.ender. Araa aotice ta l.ender shall bc: given by first class mail to ��
<br /> - *��•��� <� � • l,ender's address stated hcrcin or any othcr addrecc l.c�dcr design•rtes by notice to&�nower. :���,�notice provided for in this �-�:�_
<br />_ =:�,�;'�:.. ;. Security Instrument shall be�xmed ta have bcen given to Barmwer or Lender when givcn ati pra�ided in this paragraph. , . . ,-�
<br /> • 15.Governing I.aR� �everability. This Security Instrument shal! be �oz:;.-:ncd by fedcral law and the law of the �;�:
<br /> :?,:�. . _�.�. jurisdiction in which the Property is lacateci. In the event that pny provision os c:�wk of this Security Instrument or the Note �'�:`.'�`�' "•,
<br /> � '!;''" conflicts with a licable law, such conilict xhall not affect other rovisians of thi�5ecurit in4tr�r,:eni ar the Note which can be
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<br /> � �; ' `=*�'��'<<!' given effect withaut the mnflicting pmvision.T��tfiiy end the provisions of this Secsrity Inst�:n�st and Ihe Note are declared ( --� ' -.•-�=����
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<br /> ' 'E:•..:'Y:.>.. , to be severable. . . ^
<br /> • �+�'�'� ' ' �- 16.Borrower's Ca�y.&�rrower shsll be given o.*�:a�nformed copy of the��ts und os ihis Security Instrument. i �
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