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<br /> � � �na�ooaa�n�maoc�y p.�ca�ar�rro�ac�►.ara�y.�e m ueuo��;��++�r.�ea�oa .
<br /> �nt�pria,bl,maa ' � ahal� be to,ihe sums.scqu+ed this Socuritp
<br /> � 1n tpe.eva�t of a total t�icina of tbe PtoQercy:d�pmc"eeds aQplied bY ,
<br /> � ln�ent,wfietha or not d�a�aoe.vviu,any ex+cess pda w aoimwer. tn the evenc of a patial taYinE of a�e Propacy jn ,
<br /> � whicd d�e fair mari�et value�the Ptvpaty ia�ediatdY befix�e ttl�W3n�is cq�al ta or geeater th�n t6e a�twun!of the swm
<br /> • , sec�d bY Wis Security I�stnm�a�t imtrnedi�tely[�efooe thc taking.�kss Borrower and Lcader adrccwi.se sgtee in writia�.
<br /> � tbe sua�s secnred by this Sccur�y insaument sh�U be reducM 6y.the amounl,��.P���Ptiod by the fdlowinE
<br /> • ftacaoa: {a)the tatai amouffi of the sums secutsd immediuely Ixfioie the t�kq�g.divided by @?the fair m�ticet vaiue of the
<br /> propeRy im�nndiatcly lxfore the talcit�g. Any 6ataaoe shall be pud t,p Bortower. In the eveat of:pat6al t�i�ipg of tLe .
<br /> Phspetty in wticb tbe fair ma�td value of the Pt�opetty inunediateiy 6efot�e the ntting is less tt�n tIx amotmt of tlx smus
<br /> . • . - sccuied imaxd'utely befa�e th taking,unkss Boimwcr and I.eider atherarisc agree in writing�unless appticabte law =
<br /> odrecwise pmvides,the procads s6all be appUed to the sinns savied by this Security Insnament whedxr or aot tbe suatic aur
<br /> , then dai�.
<br /> U tbe PtoQaty is abandoued.��aauwe�ac if,aftu notice by.I.ei�der to Iiamwer that tiie candemnoc offe�s to m�ice
<br /> �Avrrud or s�tt��a d�:�'acdamagesc�iower�7s to respond tu l.ender witbin 30 days after the dste the notioe is given.
<br /> I.ender is audioraed.t,m c�I�er�nd agpty t��tac�atds.at its.optioa,tither to restaatioa or tepaar of the Propaty or to the
<br /> ' sums sau�ed(iy.t4tis�i�.Instrnmen�whether oruat then due.
<br /> . U�Ies�:�aus��'-�uw�a��wise agree in writing,aay application of pmceeds w principal shall not extend a
<br /> pos�o�.ti��datt�3#�t�ontUilr,pay�ents iefemed[o in pa�ag�apbs 1 and 2 or ch�n�the am+nnnt of such payrnents.
<br /> IL�,'���a�e�d� � �Y � Nd a Wpiver.._Ex�on of the time for payme�tt or
<br /> .;�odification bf at�w�St�Pf the sums secured by this Security Instrurnent g�►ted by[,ender to any successor in inu�est� •
<br /> :�.Ksf B�xmwer shaII not q�te to retkase the liabili[yF of the original Bamnwer or Saiower�suoo�ssors in intenest.l.ender
<br /> ���� , ;�;�all�ot be coguired to.f:`omtmenoc proceedings against any socoessor in interesc or nfuse to eMend time far payment ac � - .
<br /> :,;r�:�v�i,`x;:r�r�ifY anwctuan°°of the s�mss.secru�by this Savrity WstruQnent by reason oFauj�and made 6y the originat
<br /> �uts
<br /> - `�E6t�.+�+���r�onower's s�u:cessors iri� My forbea�ance 6y Lender in a�e�eising aay��ig�ar remedy shaU nat be a ,
<br /> - - r ��r�:e���rpc�eclude the exercise of any ri�c or r+emedy. , .:`� _
<br /> _. . �..�.��.�_ .� - - - - � � co��(antg s6d tsaf t6is. - --
<br /> _ _ - „ `�;.��cessors�Assigns Bou�d;Joinf�S�everat Li�bility,Ca�. '['f►e . �. .
<br /> — ---- ` ;.":'�.�:`;:.�',':�;;�."�iiY In.cvument shall bind and benefit the sn�se"ss�s and assigns of Lender and�8ormwer•:subject to the provis�ons of . =__—
<br /> ----__� . :�'`�ST�.���7.;Borcower's covenants an��zn.�shall be joint and several:Any:Bou+��r�;nvho co-signs this Security �-.�.�..--
<br />—���;,�r.�. • fis�rt�e�.'�at does not exxate the I�c�tz.;%�(a)is co-srgnmg this Security Inmumene naig i���',�e.8rant and canvey that ' _-�.:�.--
<br /> -----=�.s�.�.�i�.� 8 �
<br /> Borrower��ifterest in the Pmperty wr�,t�t tenns of this Security inswment; (b)is nat�^�,.z�:�abligated to pay tl�e sums ��-+�_..
<br /> -.--- -�:-»,Y�-� se�red 6`y'•tliis SecurIty Instrumen��d�fc?a$�ees that Lender and any other B�c+nvirer may a�r.o extend,•rn�odify,forbear :�r j�''_
<br /> ° � ' o r m a l c e a n y a c c o m modatlons wittz i e g a r a to the teims of this Security uuan0aeat orthe hote without�uya9L BO�WCLS �.+�?n�r�
<br /> �� consent. � : ' .. , . : . : � � , _
<br /> =,���s��;,� 13. Lapn Char�es. If the loau Szxaied by ttiis Security Instrument is su�►ject to a iau:•which sets aQaximum toan ; ;Yt�"'-
<br /> �.�-■ ed� s�e collectect in connectiat� ' �=_=_��
<br /> -_ � charges,and that!aw�s finaUy inte�re�e8 so ihat the interest or o[her loan charges collect x�,. `_W-�__-
<br /> ��, �' , ,,�� witt�the loan exceed the permitied limat��;hen: (a}anq such loan charge shall be reduced by^��ai��unt neres.�sy to red�fe`.�••. --_.—
<br /> " ' ~�'' the charge to the pem�itted limi�and([i)an�sums already coltected'fmm Borrawer which ea�3a:pemniued fimiu wiU Q�e::. , -E---'"r--_-'.-'�',-�T�.W_=_•'
<br /> � r ` . Tefanded to Borrower. I.ender may cl�aose to mak,�ttr��tund by reducing the isr�pal a�;ed am3es"the.l`�afe.iss by malcinga : ,R�.t�_ _
<br /> " �; a� dircct payment to Borrower. tf a refund reduces p�r�.a:�ga1,the reductian wiEl C+E���as a ps.�z�prepay�eiit's�ithout any F ,,�� ,,;; �
<br /> .���> P�Y�nt charge under the Note. . • ` �_
<br /> •= ;r• 14. Notices. Any notice to Boirawer provided for in this Sar-:ity lnstru:-��at shaSi �be���en by de livering it or hy .t-.:.
<br /> �>'}�:'i'�'t�"` m a i l i n g i t b y f i�s t cl a s s mail unless a p g?ica6le law re quires use of aitocher method.The nodce.c�2►e directed to the Property -''°""'
<br /> � l��`?�' Address or any other address Borrower designates by notice to l.ender. My notice to Lencer shall be given by first ctass . : _
<br /> �,�=...�•;.: . �
<br /> ��� �� - � '="� maii ta Lender's address stated herein or an otfier address L.endcr desi ates b notice to Borrower. My notice provided for
<br /> ' ._r y Sn Y t�: :..
<br /> ,� ,-, In this Security Instrument shall be deemed to have been given to Borrower or l..ender when given as provided in this
<br /> � - ParaBraph• "
<br /> �;r.�.;.; IS. GoverninS Law; Severability. This Security Inswment shall be govemed by feu�-sl law and the law of the
<br /> .�•., jurisdiction in which the Property is loc.�.:ed. /n the event that any ptovision or clauee of this Se�rity lnstrument or the Note ,
<br /> -l;�;;��:..:��', conflicts with applicable law,such con4lict shall not affect other provizions of this Security Instrumem or the Note which can
<br /> +:;�:. :. be given effect witUout the contlicting provision. T�this end the provisions of this Seeurity Jnstrumeat and the Note are .��
<br /> ,�:-.: Sy, .. �
<br /> -' ..t.,,....u."�. dectared to 6e severable. ,.•.,?`,- . ..
<br /> _;r-;e-_F,:.;" � •Ct..,�.,
<br /> 16. Borrower s Copy. 6orrawer sha11 be geven��conformed copy of the Note and of this Secutity lnstrument. •. ;;r,�;,•'..
<br /> ''��''� '�f• 17. 7lransfer of the Piroperty or a BeneGcia[i�eterest is�eawer. If all or any paR of the Property or any irterest is� :�. .
<br /> H.•.Y • . ���� �• .•.
<br /> �eY��Y�'.F�l�'J• . ... . .
<br /> F�•.,:-• ;,. it is sold ar transferred(or if a 6ene��at interest ia Bonoi+er. +,�;:�'.�or transferrcd and BoROwer is nat a natural perso;�!, � . . , �; : . ...-.:j
<br /> "' `'' �, without I,endcr:s paor written cans�ena.l.ender may.at its option,sequire immedi�te p�yment in full of all sums secured E�:_, r. ', ,s� �,_
<br /> ' * this Security Instrument. Howevcr.thiy qption chatlr,.ot be exercised by Lender ii�.�ercise is prohibited by federal taw ai;of � �,,'�y` '�� ;�
<br /> - ---- ��_R 3 �, �?'tS;..
<br /> - ---�_��< �• the dace of this Security Instrument. '.'�::u . , '
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<br /> V if l.ender exerci�es this option,t.ender shall give Borrowes notice of acceleratiatr. The aotice shap provide a period of
<br /> �;, not less than 30 days from tfie date the�z�a.ice is delivered or mait�drithin which Borrower rnu�.r pay nU sum�secured by Qhis
<br /> '�"`'�'' Securit Insuumen� If Borrower fae'C>to these sums rior co the ex iration af'thi� ��3. Lender ma invoke an
<br />-�".-f,: t���•� - y PaY . P P F�" y y � . - ..
<br /> " ,,,:'�"��7' ' remedies permitted by this Security trosatimentw�thout further notice ar demand on Horrower. ,��=-� •=-
<br /> Ig, Borrower'a Right to RemsWte.. If Boma;�er meets certain conditions. BoROwcr �hall have the right to havc � . -.
<br /> ' !���� enfwr•ement of this Securiry tnsttume�tt discontinuea at any time prior to the eariier ofi la)5 days(or tiuch other period as
<br /> — •-- - SingleFam�ty-�FaeekbfadF�eAdie:NacCtifii1��11.�S7Ri:fli�1T--UnifimnCuvcn:uitti 9/90 /puge4njhpn�ni �.
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