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<br /> ' coadcmna2ioe os otlter talrin�nf aay part o�the Ftaperty.ar fosconveyanoa m liei�uf coademaati��ate ueceby assigne��tad . � --
<br />�`; ` stsall�e paid to�.enQar' � � ,. , �; ` -.�--_
<br /> -- � ,•. In the etent of a"tflfal takir};of�he Ft� �PF Y tY � =_ _ ---
<br /> 1�riY• ths pmszeds shail-t� li�d w tfie s�sis s�6 tivs 5ecuri
<br />-�. . L�suumen�.whethe�or not then dtce,wlth any eacess paid to Borroa`rer. In the event of a partial eakmg of the Pavper4y in' , ; _
<br />- �, � , whicti the Peir marlcet value of the.Pmperty iremed�ately befa�tt�e taking is equal to or gzeater than the ammmt of the sums-. �
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<br /> :x�.i:-���:'���, secure�by.tleis Security instttmt�tit immediat�ly befare tt�taking,unless Bortowet and Lcmder otheia�ise agoee ni tvriting _
<br /> ' �'���^{a.; � i the sums s�rr�d.by this Security Inswme�t,shall be teducad by the iun�ant of t�e proceeds multipliec�by the fullo�ring � '�.�e �--
<br /> ' � ,. f�ctlon: (a)the total aa►ount of the su�ns secuted imtmediately 6efote t�e taking.,divid�d bY(t1I d�e fair market vaIti,e of th$ T�,. -
<br /> �;_;� .—r-_,-_---�- -- _. Ptaperty immediassly.hefnre the takiag. My 6alattce sha11 be paid tP Borrower. In the event of a paztiat ta�ing of thL �, �. " �_
<br /> _� � • , t : Pmpe�ty in which tiie fnir market vatae oF the Propeaty enuaediazety 6efore the takin�is less tFea�the amount of thr swns { : t� ;-
<br /> ` secured immediateig i�efare the teking,ualess Boirower an�Lender othenvise agee in�vritin8 or vnless apg�ca6le!aw � , r �,� -
<br /> - '� �� .��
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<br /> ` '�n ;� ", � ,:F ot�envise provid�s.the pmcee3s shaIi be applied to th�sams serured by this Se�urity Ingt�um�r��vhexher or aot tiie sums a� � '��o�- �,.. �
<br /> $C��... .�-�-'- 'i t1LCtldtt� t`�'� �"�- �-_-__.
<br /> ;�.;:. . �- If thE Praperty is abandoned by Barrower.or ifs SRCi QOIICC by I.2[lACi t0 BOSfOLVCi lSl�t f�S.'COAdClAT1Qi O�CSS[O II28ICC r �, -
<br /> ,,�! y'' am 9ward or seqle a ctaim:for damages.BOIIOwEt fei1S to IeSpolld W Lelldec wiihin 30 d3ys aftCT tile date tile Ao$Ce is give[!. .,a�'�- �`
<br /> �;�4 t j �"� � Lender is suthorized to oollect and apply the proceeds,at iu opaon,either to iestoratioa or.repair of the.Praperty or to the y,��;�r =_"`�" -
<br /> � ' ' ' ' 't se�ms secute�by this Sera�rity Inshvment.whether or not then due. �` -�,�'�,.�4, :
<br /> ';':=����� ' ` tTniess I.ender and 8orrower othelwise agive in writing,aay apptication of pmcceds to principal shalI not extend or ,• .,""�." `-
<br /> � . ; " • ne the dae date of the montht ts cefemed to ia hs I artd 2 or chan e the amovnt of such a ents. , _
<br /> � '.'�r<<..':; Pa'� 9PaY��i . P�$�P S P Y� `` `,�;yi'.�,rx �'`�.�r.g�r _.
<br /> ^ -� '� � 1L Barrower Not Re[�isEd; For�earance By Leader Not a Waiver. Extensiaa of the time foz paymeat or �,C�.�y,7:.,„�.���_ _.
<br /> s:,-,:�..:;. ; ,. , ;-� --
<br /> � . . . , madifration of amorti�ation of thr sums s�by this Securiry Ins4ument granted by Lender to any sucoe.csor m interest f`;a=�;�,��, �.
<br /> =-� of Borrower sha11 not o to telease the liabili of the ori ' Bomnwer or Borrower's successocs ia aa�est.I.euder •. W -`="` _
<br /> r �,/ - ; - .- - shaU reot!�cequi�d w co me�c:e proceedics&c agains►any sar��or in intecest or cefuse to exiead f�foi payment or ..�''"�'�'"'`-- _
<br /> ��- <` otherwise modify amortization af the sums setured 6y this Security Insdument by reason of any demarcd made by t�e original ':; .° ��� �
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<br /> � �•�'. , � ,.�',` Bormwer or Botrower§sutcessors in iutet�zst. Any farbeaiance.by Lender in exercising any rFgt�t or rearedy shall not 6e a , . "•�. . - <'�
<br /> �, •4,,,._.f. :t � 'u::'� • . _ ..�� �a-
<br /> -.---..:.•.. ....: �ver of or preclttde the exercise of ar►r right or.temedy.-.-- • . - -- ��,`'-.�: �+�,•.:
<br /> - ` :'' 1Z. Sacxes.sma and Assigti.s Bouad;�'oinfand SRvera�Liab�ity;C�ers. 'ffie eoveuants and�a�t¢emenfis of itiis" " :� � , +�.�?'x�
<br /> - • � � Security Insuvment shall 6ind and benefit the successors and assigns of Lender and Borrower.subject ta d�pmvisiQns of. � , " Y� a°_='
<br /> •,.,::' � • � � �' �.=�„�..�.�'
<br /> , , ��;�, pazagraph �T..Bmauwer's covenants and ag�eements shali be joittt and several.Any Bomnwer who co-signs this Secuti�
<br /> < +� Insuuasent 6�t does not exerute the Note: (a)is co-si n this Sec�ui (nswment o to mo e, t and conve � ' `� �� �
<br /> � ,,��`' S� 8 tY �Y �g S� Y ..,
<br /> � ,°•�:�,• `� ..;.�°.,^: Boirower's interest in the Ptoperty under the tertns of tbis Securiry Instrument; (b)is not personally obligated to pay the s� •• _„��"-
<br /> ' V�• .�. . �" secared 6y t}us Security Ii4strument;and(e)agrees fhat l.endes and any ottier Boirower may a�iee to e�etc�t�,�nadify,farbear - •�:". -
<br /> ,�', ��,;'�<'., •`' :;` ' or make any accommodations with tegazd to the terms of this Securiry In�+*��+t or the Note a+itttacst t�at Bormwer's � '' ;
<br /> .�,•
<br /> --,:,•<<;.. _,..:,..;s`V.''f;. canse�ri . ; �•.c . ;., .
<br /> , ,(a�.;: 1�Y:&ran Chas,ges. If the lo2n secured•by this Security Instrument is sti6ject ta a G3.�.?�?hich s�'maximum toan : t: •
<br /> , � ,.' :fi ,�`,;�,,. chasges,a�id that law�s finally interp�so that the interest or other Ioan charges collectei��a-�x�7oe cwlt�ted in conneetion '` . �. :,
<br /> :.�', , ,,;';�';,."`�_° with the Ior,�exceed the permiited limits,then: (a)any such loan charge shal!be reduced by 4?i�amount necestary ro ceduce • ' ,
<br /> ', ;_ir('��f:,•:;;.t-.. , ;the charge to the perrnitted timig and(Dl any sums al�eady collected from Borm�ves which exceeded pe��Gmits will be '�` �' ''F,�
<br /> rfin`r� ' e •_t'tit ' • �'l.1��.
<br /> i� '``'�,��,,:.:�-•� . :�• � tefunded ta Borrower. Lender may choose to malce this refund by reducing the principal owed under the 1�Tatr;qc by making a . ;:+., ;
<br /> _ �'��S:h}s"�"�.�'.�•''`•" .' ` dirPCt payment to Bomuwer. IF a mfund ceduces principal.the reduction will 6e treated as a partial prepaytuer;t without any _ _ - '• _'
<br /> a t ch e under the Note. �..�i, �' ' '
<br /> : . . : , .:_;_ .
<br /> .:: ._: ,:::_.•...,,
<br /> _= �=� �• ..:---:..... _._._ P�P 154 1V � _
<br /> � � . ottees. Any norice to Bomower piovided for in this Security Instiunient sAall be given bq deliveting it or bp.�. . -, ,:.:,, �' "`�
<br /> � ' � mailing it by first class mail anless applicable law requires use af another method.The noace shall be directed to the Property -�. ,�
<br /> '1:;•'.��'�`��'��: � ' Address or any other address Borrower designates by notice to Lender. My notice to Lender sha11 be given by fust class � �'� +'..
<br /> � };,. ,,',�'i;:t;•. ;_'..: _ mail to Lender's address stated hemin or any other address Lender designates by norice to Bonower. Any norice provided for ' •::�•,• =i.
<br /> • in this Security Instrument shall be deemed to have been given to Borrower or Lender when given as provided in this 'r'
<br /> :,�• ••. ��h •`�`.7:_,._�i�
<br /> .. ;.'`._:F,.;• , ��� ���`��,,,rrr
<br /> . '�;::,;,.:•.. l5. Go�eerniag Law; SeveraDi7ity. 7T�is Security Iastrument shall be govemed by federal law and the law of the � ,���,,'�;:'�
<br /> � - '" urisdiction in which the Pro e �s located. In the event that an rovision or clause of this Securi Instrument or the Note ' '� "`x�
<br /> :,; ,:,".'., : . " •��, .: J P rtY Y P t5' ..e,. ;
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<br /> „af�,•.,:; .• � ,. • confliets witb applieubte faw,such conflict shall aoF�.R'i.�ct other provisions of titis Security Instrument or the�te which can . ,_
<br /> ;#��aqij6�,,:;: =���..:;, be given effect withouC tls�.wnflicting provision. 'G�this end rir��rovisions�+?f this Security Insuument��.nr3:Fhe Note are _ .. ','_•, . `-�
<br /> �•:����:'�' �..��i ,��i5 declaredtobeseveta�L�- • . • .,.• ,, . •; �':.-. . . :,:. .
<br /> ��� � �. ':i��.`:F�;S��::a;J� � � � ' ' . �.
<br /> 16. �orrower's��;. �a*rn,xrr3ha11 be given one confetsrr,�i:copy o f t he Nate an d o f t his Secwity lnstrument •r•; •
<br /> .. • ,.7.<l���r�'. . .. ., Li....�.::._r.,..
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<br /> `. , . � .�';�`�t;,.,;�a 17. 7�aa5fer oY tP�'is s!o���Jo a Benet7cipl lnterest in 8�rbwer. If al1 or any part of the Property or any inte�:in• : � . , . r�-
<br /> � " ' ';`��``r'�1�{�y'�`����"� it is sold or transferred�ft�c nf a beneficial interest in Bomawer is soid or tr.u�cferred and Borrower is not a natural petsti'�j ;''" '`. ' � _ 'y:.
<br /> I �,�' � �'.. A��t'7`3�(�� ' �41=�..";' . 1 "' •
<br /> •�: _'.:'. : .. • ; ,,� without Lender�prior�rs�.n consent,l.ender may.at its option,require immr�iiate payment in full of all sums secured by „�;,_, _. �,: `._ '•.
<br />- � �'���;��''':��--�`••�'� ` this Security instrumem.�4towever.this option shall nat be exercised by Lendcr.if exercise ia prohibited by federal law as of �i�-� . - ��- ° .
<br /> - ��r':�'':':;:•,-�.•;.:',,:.�.,�: ' the date of this Security Inswmer.t� •r., $,�. , `
<br /> r.,fi.,,_. ,��:���{;:'' � � °'`
<br /> ;.:,,', i;���•� if Lender exercises this apti�cr_.r.i:nder shall give Borrower nntice of acceleration. Ttte notice shall provide a period of . ' •�i�<i+�; �� '
<br /> ��,;�•.:
<br /> .;�a�.. � ` • ;,;���f • not less than 30 days from the date�9ti�cotice is delivered or maiL�3:�x ithin which Borrower must pay all sums secured by tfiis . ��:�(rr,"• �
<br /> r�• .. .,�;cn���..• : ,
<br /> _ ;�;;;,:�:��: . . _._ Security lnstrumen� If Borrower F�c;s to pay the�e sums priuc r�the expiration of this period,l,ender may invoke any
<br /> •js:)(;;;�.� _ remedies permitted by�;�s;�ccrity Instrument witfir,axti further notice or demand on Borrawer. � � �<
<br /> �;��;+, . . 18. Borrower s_Ik�i'e�,b8 to Rei�,state. If Borrower meets certain conditions. Borrower shall have the right to have • � ;
<br /> +;''i�' � , ° • enforcem�nt of this Secua'rcv Lzstr�,r.,�rY disoontinued at any time prior to the earlier of: (a>5 days(or such other period as� � � r �
<br /> ' �.: i r�:;�7�'�j,�tt,, ,��. • 5ir.gle:'�i;k,f�tanie Mae/Freddie Mac 17!�ilFOR�11tiSTttU�fEVT-•Unitann C:.K��ants 9I9D Ipnge 4 nJ6 pagrr-1 . �f'�t•'+1' .
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