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<br /> caodealmtion ac aWa tatio�of any p�t of t6e propetty.or far coavey�in Txu�f ca�emn�tion.�ne iKreby usiEned aad ,.
<br /> . �II be p�id 10 i�r. ,: ; � . , ,� . . . . � .
<br /> �tbC EYC�E Of i Idil t�t0$Of f�1C pl�lCty,1}IC p[pCCEds Shfl� 6E a�liCd LO d!G SUtl15 S�CUtCd b�df�S $CCYflt}� .
<br /> Ipsmqt�ent,'wt�tlxr os�wt ti�duG�rIth atry excess paid to�ortrwer. In tbe evtat of a putial�tmg of t6e,Pt+opeR�r ia . ` . �
<br /> . whicb the fair rnul�et v�lue of tbe Pmperty inunecGaoeiy befane 8�e taidng is equ�l to or greater tl#an the amount`af the.sums �
<br /> . aecaned by this Seciaity Insus�mmt��diaaiy befare tbe taicing,unkss Bortower aad l.ender otLerwise�sg�oe in writing; .
<br /> -the smas secat�d i�y this Secoritq I�mt siu�fl6e iedu�ed by the 3maiat of tbe pcooeeds maltiplied by the following f
<br /> . . fr�c�a�x (s)tbc mnl amoa�af d��seea�ed ima�diately 6efoK t!�t�ttng,divided by{b?�he fair'naadc�t value of the. —
<br /> Pmperty immtdiat�cly befae ttie taking. My balamce s6a1}be paid W Bormwer. In the'eveat of a partia)tating gf the `
<br />< Prnpe�ty in which tl�fair ioulcet valoe of.tLe Pmpect�r_imaxd'iatety befoc+e d�e tairing is tess than the anwunt of the sums
<br /> seca�ed immediately before the talcing, unless Bormwer and L,eader oth�wisa agree in vvriting or uniess applicable lae4 .
<br /> otherwise P�'nvides.d�e pioceods shall be appfied to the suint secuced by tbis Secu�iry lnsuumwt whether or aot the siims aEe
<br /> ' tban duG ' �
<br /> if the propeity,is abandoned,by Bomowa,ar if,after notice by Lender w Bocmwer thaz the coademnor offers to maiae
<br /> an awu+a or senie a clai�p for dsqu►�es,Boa�wer faiLc to iespoad:w Ixnder witbin 30 da}rs�er We date the notice is given.
<br /> Lepder is suthori�to ixlUect:sind'�1y,did p[+�coeds,at its opuaq either to�or:Tepair of the Property or to d�e
<br /> sums secuiod tbis__ - Intawoen�wliet6�r.. ` �. .. . .: ' :�� .
<br /> • .. bY �ycudty. , .ornot then doe. •. •'.. . • .
<br /> ; • Ualass I.snder.and Suiiov�reer�vu�a�nbe ia writing.any appE�ioR:of.pm��.s xo.�sl�ll naa ei�ceiiu�¢.•, .. —
<br /> ' pustpone tbe duc,dafe pf ihe:iri�mtf�I�r.}i�Y�.�oo cn pacag�ap�s I�n3�or chan�the amount of such paymec�t's.. --
<br /> • �11._For�±ojv��NoC"REleii9p�t;'�7urbRS�'iIIOe:By-Leader Not a �fiaivec �xteasion of the time fa payment or ��_
<br /> modiScation of�tio�i of ttie sar�as sxvred by this Sac�city Luuument granted by Lender to any snccessor in inte�est _"
<br /> of Bairower'sLait,-aoc a�perate to sekase the tiability of d�original Barower or Borrower's succGCSOrs in intere.�t.I.ender �
<br /> shalt aot be requiced w commence prncadings against any successor in interest or refuse to exund time for p�nyment or ;
<br /> alherwise modify unottization of the sums secured by this Securiry Instrument by ceasan of any demand made by the aiginaf ��"
<br /> Bomnwa ar Borrowar�s�successora in intercsL Any fatxarance by Lender in exenicing any rigM or amedy shall not 6e a
<br /> . waiver af or p�eclude the east�cise of any dght or t�emedy. .
<br /> 12 Seccessora aed A�si6m.8oued;Jdat and Several l.iability:Co�si�uera. The cove�nt4 and agreemrnts nf t,hi4
<br /> Security Jnsttument shal!hind and benefit th¢successors and assigm of Lender and&�rrowcr.subjcct ta thc provisions of .
<br /> �puagnph 17.Borrower's co�rnants nnd agreemen��shall be jaint and.severrl.Any Borrowrr who cwrigns thic Sccuriry
<br /> ' insuurixnt but doea not eaeeutc the Nixe: (a)ix co-rigning thir Serurity(mtrument only tu mortgage.grunt rrn�i catvey tltat' ,
<br /> Borrower's inurest io the Property undrr tde tertns ot ihi�Security[nstrument: I b>iti nut per.r•�x�ally c�bligated to pay the+um�
<br /> secuird by this Security Instiumenl;anct(c)_agnecs that L:�.mder and:u�y other Borrower may vgree to extend.m�xtify,fotbru►
<br /> or m�ke any accomrtwdations with rega�d to the termy of this Security In,trument or the Nute withcwt thut Burtuwer�+
<br /> consent.
<br /> 13 Lo�n Ch�es. lF the loaa secured by this Security Instrument is subject to a law which sets niaximum laan
<br /> charges.aad that law is finaUy interpreted so that the interest or other Ioan charges callected or to be collected in coru�ection :�';r,
<br /> with the loan e�ceeed the permitted limits,then: (a)any sueh loan charge shall be reduced by the amount necessary to reduce •.=
<br /> ti�ee charge to the permitted limi�and(b)any sums already collected from 8orrower which exceeded permitted limits wiq be ":'_
<br /> tefunded to Bortower. l,ender[mdy choose ta make tfiis z+efund by reducing the principal owed under the Note or by making a =
<br /> direct payment to Borrower. If a refund trduces principal,the reduction�will be treated as a partial prepayment without ar�y
<br /> prepayment charge under the Note. ,
<br /> 14. Notices. Any notice to Borrower provided for in this Security Insmiment shall be given by delivering it or by
<br /> mailing it by first class mai)unless applicable law requires use of another method.The notice shall be directed to the Pmperty
<br /> Addtrss or any other address Borrower desigtates by ro:i:e to l.ender. Any notice to Lender shall be given by fust class '
<br /> mail to l.ender�s address staced per�cio or any ott�er.zddr�::;Le^dzr designa2es by notice to Borrower. Any not�ce provided for , .
<br /> in this 5ecurity Instrument shall be decmed ta[:�;�e be:ii gven to Borrawer or Lender when given as provided in this
<br /> • . ��15 Governing Lstw; Sevei'aDllity. This Securiry (nu:tsment shaII be govemed by federal law and the (aw of the � �
<br /> � jaasdiction in which the Propetty.ix tacated. In the event that any provisian or clause of ihis Security Instrument or the Note �� �
<br /> eanfiiets with applicabte law.�sdc�conflict shall not affect oin�r pravisians of this Secur�ay Insttument or the 1Vote which can �
<br /> � 6e given effect without the co��i�:ing provision. To this end thc provisions of thiti Seci::ity Instrument and the Note arc
<br /> declared w be severable. '
<br /> 16. Botrower's Copy. Borrower sha11 be given one conformed copy of[he Note and of this Security Instrument. •
<br /> 17. 7ranster ot the Properiv,or a Benetkial Interest in Borrower. If All or anp past of thc Property or any interest in
<br /> it is sold or transferred(or if a�7eGcial interest in Borrower is sold or transferred and Borrowet is not a natural person) ,
<br /> without Lender's�prior written�o:sent.Lender may.at its option.reyuire immcdiate paym�!in ful!of all sums secured by
<br /> � , this Secucity InsttumenG Howeder,tfiis option shall not be exetcised by 9.er��::der if exercise is prohibi*.e�by federal taw ac of
<br /> the date of tl�is Security Instrumerlt. � .
<br /> If Lender exercises this option.l.ender shall give Borrower notice of acceteratiore. 'The notice sha7i provide a period of
<br /> not less than 30 days from the da_�the notice is delivered ar mailed within which Borro�er must pay a11 snms secnrr.cc+�+y this
<br /> • Security Instniment. Jf Borrower faits to pay these surns prior to the expiration of this period.l.ender may invo;ce any �
<br /> nmedies permitted by this Security Instrument without funlier notice or demand on Borrower. � �
<br /> IS. Borrower's Risht to Reinstata If 8aaower meets certain conditions, Borrawer shall have the right to have t �
<br /> � enfot�ement of this Security lnstrument discontinued at any time privr to the earlier of: (n)S days(orsuch other period as
<br /> Singtc Family•-Faeek MadF'nddk MaclJNIiOAM INSTkllMEh"f••Uniform Covenantc 9N0 IpaRt 4 af6 prRes► � .:
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