_ � .• �s. ':�^' .. ��� . _. , _ ( .
<br /> -�s W�rt�rl-
<br /> �• �w.r.A.; w{`•-�'t s .�._ - �
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<br /> ~� �'_'`_ '�r•_ �.___' - r�' __ e ' _— . —
<br /> g�� �.����8
<br /> - - - -- �,�..r �
<br />— ,�-�r�r�-.r�� ==__
<br /> ---_.----- ce�nQrmn;�tinn oi•uflir.r t�kiu};ni inry p.�rt uf'Ilie 1.'ru�xity,ur fur uanveynnc:e in Ueu��f conde�nnuiion.are I�erehy ati�l�;ned and
<br /> sha11 I�c��uid t��Lender.
<br /> In it�e event �if a total taking ��f the Pr�q�cny, the pr�rcecds shall be upplied to the sumti tircured by this Sccurity
<br /> lu�irumcui. wlictl�cr nr uut tticn duc.witl► nny cx�:cs�paiJ tu fiutrowcr. lu the cveni of a parti.l oaking nf'tltc Property iu
<br /> which thc Cuir�nurket valuc u1'the I'n�peAy immediat�ly hefure thc tuking(s cyual tu vr greuter then the:�maunt uf the sums
<br /> - sr�ur�d hy thiti tircurity In�irumcnt iiumcdi;rtcly hri��rc�Ne I;�king, unless Burr��wcr and Lcnde�othrrwi,c ngrce in writing,
<br /> ----- --'—' ihc wum, �ccur�d hy this Sccuruy lnstrument �hal!t�rcduce� by tl�� :uiwunt uf tlw puu;�cd�: ntullipli�d hy t}t.fnlln�vin;� --_--
<br /> fract inn: I:U thc tntxl:unnunt of ttie sa�7ti sccumd immcdiutely bcfore thc taking.dividcd by(b►the fair market valuc nf the
<br /> Propx�ny immcdiatcly hefore the lakin�. Any balancc tihall h.:paid tu Borr��wcr. In the cvent of a�iarti:►1 n�king of thc
<br /> 1'�o�xrny in whicl►thr fair market value of thc Yroperty immcdi•rtcly beforc the tnlcing iti Icss than the amount of the sunts
<br /> ticcurcd i�nmcdiutcly beforc thc takii�g,unlcss Bonowcr.md Lr,ndcr othcrwisc c►grce in �vriting or unlcss upplicablc law
<br /> utherwisc pruvidcs,the procceds shull be applicd to the sumti sccured by this Sccurity Intiteumcnt whethtr ar nat dio sums arc
<br /> thcn duc,
<br /> ``` If thc 1'�operty is abrndancd by Borrowcr,or if,aftcr noticc by Lc:nd�r w Bur►�ower that lttc cond.rnnur nffer.:to makc _.
<br /> "," an aw;ud or ticttle�►cla+m fi►r danwges,Borrowcr fails to respond to l.cnder within 30 days aftcr Qic datc the noticc i�givcn,
<br /> Lender iti authori�cd to collect and apply the proceeds,at its option,either ta reswr,�tion ar repair of the Property or ro the
<br /> '!` tiums sccured by this Security Inserumcnt,whcther or not thcn duc.
<br /> Unless Lender and Aurruwcr atherwise agree in writing, any applicatian af praceeds to principal shall�iot extend or
<br /> postpane thc due datc of thc monthly paymcnn refcrrcd ta in paragraphs 1 und 2 or changc die amount af such payments.
<br /> Il. Borrower Nat Releastd; Murbearance Ky Lender Not a Waiver. Extension of the timc fur payment or
<br /> � medifieation of:smorti[ution of th��.ums secured by thiti Security Intitrumr�it gr.+nted by Lend�r to:uiy successor in interese _
<br /> of Borcowcr�hall not operate t�retease the liability of die original Ciorrower or Borrower's successor�>>n intercst. Lendc:r __
<br /> . shall not tn: required to commenee pnxeedings aguinst uny successor in interest or mfusc to extend�ime fur payment or
<br /> ,,, ,. flthenvisc malify:unonitation of the sums sccurcd by this Security Instrument by rcuson of any dcmand mad.by the ariginal
<br /> Borrower or Aorrower's succcssors in intcrest. Any fonc�ar.�nce by Lender in exercising any right ar remedy shall not be a _.,
<br /> x waivcr of or prccludc thc cxcrcise of any right or rcmedy.
<br /> 12. Succe�.rur9 and A�.rigns Bound;Joint und Severnl Unbility;G�-si�ners. Tlic covcn�nts an:i agccements of this E�.3:
<br /> Sccurity Instroment�hall bind and Ixnefit the>uccessors and assigns of Lender and Barrowcr,subjcct to[he provisions of _
<br /> paragraph 17. Bonower's c�ivenants und agrcements shall be joiut und severul.Any Barrower who co-sig�s this Security _
<br /> Instrument but does not exccutr the Note: la)is co-si�ninC�his Security Imt►ument only to mortgage,�ram amd convey that �,.�
<br /> f 8orrowcr's intcrest in thc Propcny under thc tcrms of ehis Sccurity Instrument; (b)i�not personally nbligated to pay tfie sums �:�'
<br /> e , •,. �ecumd by this Security Instrument;and(c)agrecs that Lender imd any other Horrowcr may agree to extend,modiiy,forbear °_
<br /> - .�;, or makc any accommodations with mgard to thc t�rtns of this Sccurity [nstrumcnt or thc Nute without that Barrowcr's .,
<br /> conscnc.
<br /> 13. Luun Churqes. If the loan secured by this Securiq•Instrument is ,ubject to a law which sets maximum loan
<br /> charges,and that law is finalty interprcted�o chat the interext or other lo�n charges collected or to be collected in connection
<br /> with Ui�luan excr.cd tl�e permitted limits,then: (a)any such loan charge shall be redured by the amount necessary to[educe _
<br /> � t(ie charge[o the pem�itted limit;and(b)any,ums almady collected from Horro�vcr�vhich exeeeded permitted limits�viU Ix;
<br /> refunded to Barrower. Lrnder may choosc to make this refund by rcducinc the princip�l owed undr_r thc Note or b}�makin�;a
<br /> direct p�yment to Borcower. If a refund redudes principal,the rcduction iviU be treated as u panias prepa)'ment without any
<br />= prcpaymrnt charRe under the Notc.
<br /> = 14. Notices. Any notice to Borro�ver provided tor in this Sccurit)� lnstrumcnt shall hc given by deliver.r.�,e :t or by
<br /> = ' ` mailing it by first class mail unlesti applicable law myuires usc af anothcr methcxl.Thr noticc shall bc directed to t��c':�•��x:riy
<br /> ' Address or:uiy uther�iddrctis Borrowr_r desi�,nates by notice to l.ender. Any notice to Lender shall be given by ri:�;t c�ar.5
<br /> }� niail to Lcnder's addre,s stuted herein or any other address Lcnder design:�tes by noticc to Borrower. Any notice provided far
<br /> ;,� in thiti Security Instrument shall be deemed to have been �ivcn to Borro�ver or Lender when give»as provided in thi:; „z_�
<br /> +� � paragr.�ph. �
<br /> " ` ;,� 15. Governing Law: Seventbllity. This Scrurity Instrumrnt shall be govcmcd by federal law and the la�v of thu K,_5
<br /> "M�:,;J'� ' ,jurisdictiun in which the Property i.located. In the event that any provision or clause of this Security Inetrument��r thc Notc �.,:.:.
<br /> cunflicts with applicable law,such conflict shall not affect other pmvisiuns of this Security Instrument or the Note which can �..__
<br /> Y � Ix given effect without tlie conflicting provision. To this end thr ptoti�isions of this Security Instrument and the Notc ar� F
<br /> dccl:aed to be scverable, r�`
<br /> ' • � L6. Borrower's Copy. Burrower sl�all be give�ti one coni'omud a�py cf the Note und of this Security Instn�mene. �•;-
<br /> �;y��''•'.�'�;"" l7. 'I�ransfer of thc Property or a Bene fic iu l ln teres t in Borruw e r. I f a t l o r a n y p a rt o t't h c 1'r o p c n y o r s n y i n t e r e e.t i n -
<br /> 5 �c.
<br /> ��Y-•=w:. it is>:old or trsnsfencd(or if a beneficial interest in Bonower is tiold ar tr.vnsferred and Borrowcr is not a nntural punun)
<br /> v. ,-�••,.;.. •t..
<br />__ , �� without Lender's prior written contient.L�nder may.at its option, myuire immediate paymcnt in full of all sums secur�:�1 by
<br /> `'`� '•=;-"-••� this Security Instrument. Huwever,this option shall not be ex.:rcitied by Lender if exerc�xe is prohibited by feder.il lati��ati of
<br /> 't�w�;�-•,�,�
<br /> �;�;;�;�...,: the date of this Securiry Instrument. �
<br /> ' *�' s ' ��` If Lender excrcises this option,Lender shall givc Borrowcr noticc of acceler:�tion. The noticc shall provide u periud oF
<br /> :.,i�}�-.-,, p:y Y
<br /> • �'��`�_.�_"�, not less than 30 days from the Aate tite notice is delivered c�r mailed within which Borrower mutit t all sums secunsd b tl»s
<br /> }-e_^ ';e Securit Instrumcnt. If Borrowcr fails to � dicse sums �rior to thc ex iration of this period, Lendcr miry im�oke any �
<br /> � , �,r,, y P•Y P �
<br /> .�'•:�
<br /> *'':' f y�.�r`��•� mmedies nnitted b this 5ecurit�Instrument without further notice or dcm:►nd on Borrowcr.
<br /> � rt...�.;t.c� P�' Y > ..
<br /> � Y�.v
<br /> 18. Burrower's Ri};ht to Reinstat�. If Bonower meets certain conditionti, Borrower shaU have the ri�ht to h.►ve
<br /> , ,� '�;;;- ' enforcement of'this Securiry Instrument disevnSinued at any time prior to the carlier of: (a)5 dcryx(c�r such ather period as ;
<br /> . 1,�t�y,+1�fij�,,, � .
<br /> . + �.:_,_j..•:,�i.� Single Family••I�c�nnte Mndi�Y�ddle:Ncc UNI[�OIt:N INS'I'RU�tl:N7'-•Unifarm Covenan�.�+ 9/4Q fp���e 4�j A p<igcsl
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