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<br /> -- -- ��.�taIi 6e��to L�de�: � �� .. . , � }_ .� . , �
<br />_— ___ . �;[n�ahe evcnt�s�u tcna�t�kina�oS t�Pa9o�erty.the praoecd�s�11 be applied ro the��ns secu�etl by.thls Sec�.tity
<br />- -------^� Inswracn,�whc�e�oc aoe tttea Que,rr(t�auy�re�s p�d t�Sn�roiv�r. I�1he eveat df o�ra€a�da�c3ttg of tha Pcvperty In
<br /> ��.,� � ' wh�h t�e fait na�cei vniue o�ISk P�aFe:ty�iAUrtsdiqtcty 6efare the taking ss Equa!to or greatst than tde.�imaust of e�sums .
<br /> ses�cd 4Y thi�Security Ltsir�tnen�ir��.,��^.distety�befdre tha tekIng,un4as 8orrawet and Le�sier atherwrse agree ire�ritls�, - - -�_- _
<br />-��;, - _ -_- � �she��a s�cun�d by ti�is Sgcrmity I�'sin�as�it sh�ll 6e[�Quced by the,�oant af thepm�eeds.muti'sptied by.the fa}fa��ing .
<br />_�; faut�oA:_{a}ihe tatat cun�ant oit�e ss�rns's�.ved immediatotp befa�tfte t�icing.dividad by.(b?the fatr�iiiasket vs�Iue af tae" ----
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<br /> ,� �,� ' �' P�ug��uunediateiy�Sefat�the�ui.�g.�Any�bainrtE2 shall b2 Qaid to�am�wrs•In thc event of a pan'u^l t�n$o€.tite ----
<br /> -,�,--�---=-� � - , � _ 8t�ty i�,c��t�tite faie tn�et:�,h:�t�f s��o�si1E Imrste�..tsly. or� �Is -ES � a�nount �sums. ._. ._ ._ .
<br /> `�_` � sec�red�mmediately�efoze'the talc�uWess Bnsrawer�3d Lender athernlse a�e m writin�or uniess agplicabla Iaw __
<br /> . ••. othelivise pmvides.the�raceeds st�ali te applied to the swns sect�md by this Seeutity tnsuumec►t vlhether or nat th�sums sie ---�-
<br />- � �' then du�. `� � � �'
<br />�- � If the Pcuperty is a6andoned by IIssmacr.or i�ufter aoEice by k.ettdxr to Borrower that tt�rnndemnor of6ers to make
<br />= - "aa awa�or seute a claim for dama�Borroc+rer f�i1s to_t�aad ta Lea�der witAin 30 days after tAe date t�e notioe is piven�
<br />�:. .. Lender is authorized w cellect and a.pply the proceecDls;<:�t�tt�optian�either to�estar�6on or cepaIr of the Pmpea�y or w the
<br /> - .- sums secared by this 3ecurity�nsutc�2nb wflether ur t[tit then due. _
<br />= ' Uniess Leadet aad Bosower othxrwLse agcee in�wridug,any application of praeee¢s to Qrincipa!shap not extend or
<br /> � �' %�;V�,Y,�� ;' postpoae the due date af the azonthly paymegrs iefened ta in parngtapb5l and 2 or chunge the amount of suc6 pagrmeals. ' �
<br /> - ` ��_=�°°= °_ - 11. Bmmwer lYot�Reteasecl; Forbearaniee $p Leader Not a �V�t�er. .Extension of the drae far payment or.. --
<br /> madification oF amortiaaifon of ti�e suats secured by th'ss Securiry Insuument granted by Lender to any suecessar in fiterest.
<br /> -' � «.�_ :,� '.,� , of�o�ver shari not agcrate to ce�the Gability of the,oiigiRal Bunower or Bomawer�successo�s in intetest.Lender
<br /> :' , ;: �''� .:" shall'ROt 6e reqaired to camm�ace.Qraceedings agatnst any successor in in•ere �ar iefu e to ext��nd!ime far payment qr .
<br /> Y` `_ '- otherwise madify amn�ization of�e su�s sec�ued 6y dtis Security InStrument by reaso�of any demund�+�ade by.'�e original "ffi � -------
<br /> �'' �� Bd�iver or Barmwer�s s�iccesso�s in intesest. M fo�earance by Lender in excrcisin an ri t ar remedy shall not bs st.
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<br /> � ��-. .•�.:� ��•�°:-'r ` . theexerciseofaayrightorce . • . • _--�-�_
<br /> , , _.;.. . waivet ptectude
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<br /> . ------ ----------�-12.-Sacces�ors aad�s-�3oamd:.doiat.and.Severa�_Ltab�ty;.Castguers._77ie_savenants and_cg�eements uf�iI.s_...._.__._...__.---�--
<br /> '��•F;•.. `; �Security L�suuraent shall biad aa3 benefit the snccessois aad assigns of L.ender and Bonower.subjecl to the pmvisions of �'�'�_;_��_
<br /> � � .- -:' p�agcapb 17.Soaowec�s rnve�n3s and agceemenrs shaii Qe joins and several.Any Bormwer who co-signs this Securiry �--_
<br /> _ `�r s � '� Ins�ent bat does�rot execu�t�e Nao� tnj is co-signitrn�this Security Inswment oWy to aiortgage.gtant and canvey that �.__
<br /> -=' ,_�.�'.�� .. �... .�,:�. " Bomawer�s inretest in the under the tem�s of this 5 [n�cnmen� (b)is rtot onall obfi ted to the sums ��,a•��_ -
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<br />->k: - -.. . ;, .:. .. ...secuced by this Sec+mty Inswmen�an��agcees thaY�and an�oiher Bomnwet may agee to_exten�_modify.fori� __ __ : --
<br /> ', 3� `' or�make any�soommodatioas witP� w the term�of•rhis Sec�r�ry[nstrument or the Note without that Boimuwer�s '��
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<br /> - '•• 1�. Loan C6atges. If tFce toan secuced by this Senuity Insuument is subject to a!aw which sets maximum laan• � t,���-
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<br />;ri.i '.) a•,n_r i::i-' . :;: _ ` , �g�and that faw.is finatly interpreted so that the interest or other Eaan c6arges eollec�ed or w 6e collected in connection
<br />=i`�.. ���f 4;��i;';�`,';:: � ' with•tPse loan eXceed dte permiued lunits.then: (a)any such loan charge shall be reduced by the an[o�nt neoessary to�educe y�� ,
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<br /> � r'r�����,•• � �s _ • ,�''� the charge to the peemitted timi�and(b)any sums alneady oollected from Botrower which ezcceded permitted limits will be -
<br /> . �'.'�•',,Jv'Y,i r'.'•. _, ,;�t.
<br /> ,.�, ;�;�;.�• zi�imded m Boirower. Lender�y chaose to make this cefund by reducing the principal owed under the Note or by making a
<br /> ;�� ';,?;z::�' tti�.ct payment to Borrower. II€a refimd nduces principa[.,the reduction will be treated as a partial piepayrttent without riny ;� ��' .
<br />- ;:�� . . . - . :'��aymentchargeunderthe4�fere. ,�';�='=YZ;?,';
<br /> ;�;�;.. 14. Not�ees. Any.nodce to Bflmnv�er.pmvided for in this Securiry Inswrnent shall be given by delivering it or by :a.`���;`'';,':`--
<br /> - �,Y}�. � � mailing it by fust class mail unless app&ca�t�law nequ'ues use of another suetho�'LTie uotice shall be dir�ected to the Propecty ; ;„
<br /> ���" Address or any other address Borrower desigoates by notice to Lende•r. Aay ndace ar l.ender shall be given by Fitst class �!�
<br /> :.i j mai!to Leader's address stated t�erein or any other address I.ender designates by naoce[o Borrower. Any notice pravided for� �': �,� ' .�
<br />: .- �, : ;s: • ir�this Security Ins6ument st�a3�be deemed to have 6een given to Borrower or�der when given as prrnided in this '''�'�• -._
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<br /> ' ` ���'" ` � ' 15. Tov Law;Severa'bili 7Ziis Securit ins meni shall be ovemed b federal taw and the law of the �� . � . . �A� "
<br /> , , f�r•� . �;.,: ecainS t�= Y 4� 8 Y
<br /> ��:�`^ ;r• .•• , .r,%•�., . jurisdiction in s�+�irh the Property is loca*e,�. fn the event that any provision or clause of this Security Inswment or the Nota ? �vr�:;-,
<br /> t'''� ' ' '{'� ..:'��;���, '. conflicts with a�ticable luw such conft:.i':�i::�l nat affect other provisions of this Security Inswment or the Note whicb can �'��-
<br /> _�' � ,•�'r;ft; , • ,, � • -��'�"..�' -
<br /> 'r;p '•'r`,b'^;h',�;', : ` . be given effect without the conflicting��rus:on. 'Ib this end the provisions of this Secwity Instrument and the l�iote are :;i,;,��: � •.�
<br /> _.. ���a.�•':r, - . �i�claredtobeseverable. • � . . �. �. • .. . >��t,,��, �-� _
<br /> ;�;r, �' �'�`' � 16 Borrawer's Copp..i�c�vrer�tr:+�..�I�e give�s vrnr�xmformed copy of the Note and of this Security[nstrusne:nt �� fl F;". �,�"� --
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<br /> �j.:; '� ,.,: 17. 7�ransfer of the P r u�e r t y ez�{�m�cial��atler�t in Basro�ver. If all or any part of the pr�perty or any interest in ,.;�,_.-_._ _
<br /> ��;'��:. ���� . ;�� it is sold or transferred(or if a benet�a;�!n�:rest in Bormwer is sa4i as.uansferred and Borroa=.rss not a naturnl person) a,d,,,,,.'�i j':�.'�°
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<br /> _�rt.r • without I:ender's prior wrFtter�aonsent,L'ender may,at its option,rs�,�.is+�.immediate payment in�;11 of all sums secured by ;�;tfr, !`
<br /> �;�• '� this Securiry 1n5trumen� N,?v;+.�+rer.this option shall not be exerci�L}�'i.ender if e:ercise is prohibited by federal law as af ,,:: ' 't��
<br /> s:... _.•...._. _ . 5 � � .. .
<br /> ' � the date of this Securiry Inshn.:.en� , �.-� ' ' .i;��� .
<br /> . �.,,�, � If LenAer exercises this op6oa.Lender shall give a�;ccrawer esr�'a:���.°acceleratioc�.�The notice shail provide a period of
<br /> :��� ' - � nnt tess than 30 da s from the date the n4tu�.+s deliverw�at mailed��ii,.u�,�which Borrower must{�a�all sums secured by this ;,'`.s::�
<br />=:;,. : ;�}` y . .
<br />;.,,r t�, • .�•�r Security Inswment. If Boaower fails"u�,pty these sums prior in,��xpuation of this period,.L�'nder may invoke any +. , .'��r'%�;
<br /> ;� � '� �+,�t}; .�: � remedies permitted by this Securiry Instrc..=�«:ft without fr.�er notc���::mand on Bo�rower. � ' � '
<br /> �i��.=.::.�._:-,-=•_::�:_.;:
<br /> -� ,��°T n�r� 1�. Borrower's Right to Beiostate. If Borrov+L�r naeets ceii«:r`.�conditiong, Bortower<_ts::�':5ave the right to have - - .. -
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<br /> • ���i ���• enforcement of this Security Instrument discon6n�ed at a�y tim:�ra�c to the earlier of: (a)5 d.�.l�4or sucb other period ag , ,
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