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94100683
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Last modified
3/9/2012 12:37:44 PM
Creation date
10/21/2005 2:17:13 AM
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DEEDS
Inst Number
94100683
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�.� . . �: <br /> . � � . ��-=- <br /> -- _ - � , "--- — -- -. , - -_. . . ,z.':.`__.� - - ... _ <br /> . . , �� ` ` < �. � . <br /> � � � , . . _ . �. _ � � � �g4_��d��3 � . . � ;< i <br /> coodemnrtim or a�ber�tating of x►y p�ct of the PYopetty.or fdr eoarey�u►oe in lieu'of cardarratia�.m i�erebY auip�e6�od, • <br /> . a6�U De pud to L.ender.`. � - . . <br /> .tn�he eYeot of a coal t�ing of tLe Pcvpeicy.the procReds shall h�ipPiK¢ w the auEns securid by this Securit�c - <br /> 7�m�d�t.wl�ethet or aot ti�dae.with any exeess paid to Bortowei. [n the event of a partial taidng nf the�dty in , <br /> vvhich ihe fair marke�vaiue of tBe.Propetty immediately befa+e the taking fis eqoal to cx g�eater�lt�n the atnount of sums <br /> secueed by this Secutity Instrwnent immediately beforc the taldng.unless Bamwer aad L•ender othetwist�gree in writle�. <br /> tbe s�ns soc�ed 6y this Seturiry Inwument stult be reduced by the amouet of tt�e p�ro¢eeds nwitiplied by Ihe fdtawiag <br /> ,' fraction: (a)the tatat amoimt of dse seans se�ned inunodiateIy befoc�e d�e taicing*divided by(b3 the fair rri�cet vatve o€the <br /> �Piq�erty imsnediately befae the rdking. My balznce st�il be paid to Borrowu. In the event of a parti�l talcing of the <br /> Prope�ty in whic6lhe fair madcet value of t6e P��ecry ima�ediately 6efote tht taking is less than tbe amaunt af the sanss <br /> secutod imrnodiauly befaie tBe taking,unkss Borrower and i.ender otherwise agcee in writing or uat+ess applicabk law <br /> od�a'wise P�'ovides.thc proceeds shalt 6e apglied to tt�e sums secuted by this Secariry Insmunen!whetixr or not the sums are <br /> ttjcn due. - . <br />:- If the P�nperty is ab�odaned by Bcxrower.or if.�ter nq6ce by l.endcE m Bor�ower that the condemrtor offers to make . <br />. an ativard ar settk a claim for d�mages,Borrower faiis to nspand to Lender within 3Q days aftet the date ihe noticr is givrn. <br /> Lender is audiorized w wUect and apply du p�oceeds,at its option.either to restaation or repair oi the Aroperty or to the <br /> sums securcd by this Security Iastrumen�whether or not t6a�due. ., <br /> - lTnkss Lender and Borrawtr otherwise agnx in writing,any appiication o!'proceeds to principal shaU not eatend ar <br /> post�+o�se t1�due date of the monthly payments�+eferred to in paragraphs 1 and 2 or c6ange the amount of such payments. <br /> 11:Borrower Not Rdased; Forbe�n►na By �ader l�ot a Waive�: Extension of the time for payment or <br /> modifieaaon of amo�tizatioa of tAe sums secared by this Security Insuument granted by Lender to any successor in mterest <br /> , . uf Batuaer sl�ali ncat a¢tate to releau the liabiliry of tIx original�ormwer or Borrower's suocessais m irrtenest.l.ender <br /> shall hat be required to cortunence p�oceedings a��nst ai►y suc�ssor in intecest or refuse to eaund drime for payment or <br />' • othotwise modify anwrtization of tbe snms saured by this Security I�strument try rrasbn of aAy demand inade bY the Qriginal <br /> i � � Borrower or Borcuwer�svecessocs in inte[est: My fotbearance 6y l.cnder in exer+cising any nght or ae�nedy shall not be a <br /> waiverof or�eclnde the exe�sisc of any right or rcmedy. ' � <br /> 12..Saaessars and Assi�Baund;Joint and Sev�a1 Liability;Co�signers. '[7�e covenants and ag�eements of this <br /> .' Security Insttument shall bin4 and benefit the su�essorS and assigns of,Lender and Borrower.subject to the provisions of <br /> . - . : p�pb 17.Bottoa�r's covenaats and agreements.shali be joint and several.Any Botrower who co-s"sgns t5is Security . . <br /> �. • `"' �� Insfir.ur,.nt but does rtot execute the Note: ta)is co-signing this Security Inswme�it onty to moRgage.grant and conve�r that • - <br /> Bon��.�'s interest in the Pmperty under the terms of this Security Insm�ment; (b)is not personalfy obligated to pay the sums <br /> seci�+�i�t'�r�his Security Instrument;and(c)agrees that i.ender ar�u ariy ather Bomnwer may agree to exten�modify,forbear _ <br /> or��,'ahy accommodations with cegard to the terms of this Security Instrument or the SVote`without that BorroweYs . _ <br /> cons�• . . . <br /> ' �. i.oan Cia�es. 1f the loan secured b�tfiis Secunty.Instrument is subject to a�law which se�c maximum foan <br /> ehar�as;aad that taw�ss finally interpreted so that the interest oe c�er loan charges collected or to be col��xd in connection <br /> ; with�Foan exceed the permitted limits,then: (a)any such G•o�charge shall be reduced bp the amount:�a�sary ta reduce <br /> � the chatge to ihc pemutted limi�and(b)any sums almady oe+re.."i�3 from Borrower which exceeded perir:.'t[ed timi�s will be <br /> i refunded to Borrower. Lxniler may choose to make this refund fs�:reducing the principal owed under the lhox or by making a <br /> ' direct payment to BorFower If a refund redaces�rincipal,the reduction uiti 6e treated as a partial piepaymem without any <br /> prepayment charge under the Note. . _ <br /> 14. Notices. My notice tc�Borrower provided far in this Security instrument shall ix given by delivering it or by -_. <br /> mailing it by first class mail unless applicable!aw requims use af another methad.The noticc shall be directed to the Property _ <br /> Address or any other address Borrower designates by notice to l.ender. Any notice to Lender shal!he given by first ciass _ <br /> mail to L.ender's address stated herein or any other�ddress l.ender de�ignates by notice to Borrower. Any notice provided for - <br /> ' in this Scruriry ln�c�nm�ent shaU be deemed to have been given ta Borrowcr ar Lender when given as provided in tbis` _ <br /> , p��Ph <br /> � 15. Governing i.aw: Severa6ility. 'I'his Security Instrument shall be governed by federal law and the law of the <br /> ' jurisd'icrcoce in which the PropeRy is lacated. la the event that any provision or clau�e af this Security�nstrument or the Note = <br /> , conflisus�ith applicable law,such wnflict shaU nat affect other provisiodc of this Securiry Instrument or the Note which qn _: <br /> be give�r�ef'fect with�t the conflicting provitiion...To this cnd thc pravixians of thiti Security Insirument and the Note are - <br /> I � . dectazed co be sevec��,��. _ <br /> it�. Borrower's�py. Bnrrower shall be;iE z-�n one conformed copy of the Nate and af this Security InstrumenG <br /> i ��". 7lransfer ot the Property or a Beneficia!Interest in Borrower. If all or any pan of thc Propeny or any interest 3n <br /> it is sa�or uansferred(or if a 6�eficial interext in Barrawer is tiold or transferted and Borrower is not a natural pesson? <br /> � wi1l�o�au�.ender's prior written consent,ixnder muy.at its aption,reyuire immediate payment in full of all�ums secured by <br /> this Security Instrument. However.this option tihall not be exercitied by Lender if exercise is pmhibitcd by fcderal law ac of <br /> the date of this Secusiav lnstrument. • <br /> • lf Lender eaen�e�es this option,l.cnder shall give Boaower notice af acceleration. The notice.shnll provide a period of <br /> not less than 3p days from the dste che notice is delivered or mailed within which Borrower mu�t pay all sums xecured bv this ° <br /> Security Insttument. Ti Borro��iS:�i1c to.pay these sums prior to thc cxpiration af thi. �e�ind, Lender may invoke any <br /> I . remedies permitted by this Securra instrume�t without furthcr natice nr demand on Boaow� <br /> 1& Borrower's Right to Reinstate. lf Borrower meets ccrtain condition�, Borruwer��:aLl tr:t:e the right tn have. <br /> ' enforcement of thix 5a:a:rity lnstzrament discontinued at any time prior to the e�rlier af: (A1 S�ays(o�vich other period as <br /> j , ' Singte F.�mity•-Faenie�4aeFteddie tifx V'�i1FOR111 IXSTRU�fEtiT--Unifortn C�ven:urtti 9P90 1la�xa 1�Ih Jx��e.0 <br /> f , - <br /> -- ��-�-;•:� <br /> -°.:i -ys:.�cRg-3'-r�r� - _ , --,��rx . -. <br /> - ___—�y�v�h}�y�!;8.'.i" 't?'' , � . . �. � , <br /> ---__'-_.___ .., � ... � _ . � .. .. . . : ...._ �-.:Cai:�_:� v...�_ ... . . ' . . ' . . ' . <br />
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