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<br /> paYntents►i.�y tw bzitgcr 1�recfulrcci.at ihc ccptinn of i.enc�c.t.it rtx�rt���e in.�urrc�ce cavet�Re 61rs the an�uK a+d tor�r paiwl .
<br /> tttAt L,end�r r�yuiri'�)�m►v9ded by an inuxnr.rpprovod by Cxcder y,rnin Wa.:cmxyt rvAit�blc�rxi is�f�txined. liorrowa'dwdl pt�
<br /> the prrmivasa required to raAinuin�ortli�e ln�urmoe.in sffect.or to provWe a low r+�erve,uruil the�equire�nt for mortRa�.. „
<br /> i�naur�au�ce end�in-rcco�d�ncx witb�.any wriusn agroemait betwea►Bormwee and t.�rrler or rppticabk law.
<br /> 9. [�c�to�.�..eMer or iu��geeu rnaY m�iCe ra�o+�irle�ncrldc up�n �nd�rupectluer of�he Prnperty.E�enckr sf►�!i�ive
<br /> l9orcower notice Rt the time af or pcior w an inspaction ape�ifylxtg rea��eblt ewse far ihe impoc�tion.
<br /> �--°- - - ------� �y. C�;�;u�;o;i. Ttw �,c.,,.da af r,n�Ar.�ard ar r.laitn fur��m•grr,d�mt nr rnnso�ucr�tixi. in cannoctlon with any -
<br /> �. ..,. ,
<br /> c�iemnatioc�or other t�king af any pAtt ot the Poopecty.or far convry�nqo in lieu of oordemmt�on,u+e�eiebY essidt�ed+�dd
<br /> sh�l1 Fx patd to Let�dtr.
<br /> In the cvent of a tatal teking of the Property.tUe Proceeds slwl!be aPP��ad�o the sums socuted by this Socu�ity Instcument.
<br /> - - whethcr or not then due, with any cxass pAW W Borrower.In the evcnt of a paztial taking of the Pmptrty tn whfich the fair
<br /> murket vulue af thc Property irnmodiaulY before d►e talci�ang is equal tv Qr greuer than the amount of tht sumv secured by thia
<br />_ Security Instxu►vent inunediatcly tscfore tk$tokLsg,unless Horrower and l,ernier oiherwise ag�oe la wdWig.tl�e sums sxtu+ed by
<br /> thts SecutIty Insuument shall be reducod by tba amount of tha proce�s multtp�ted br the fpUawing fracdon: (a)the tMxi
<br /> amount of the sum9 secured im►nediately before the talcing.dividod by(b) the fair markGt value of the Pmperty iumoodi�tely
<br /> -� — - before du teldng. Aay balance shail be paid to Borrowe#r. In the eveat of n partIal taking of thc Pmperty in which thc fair
<br /> market vafue of the Froperty immediauly beforc the taldng js less than the umount of the sums secatrd iminediaiely before the
<br /> taking,untess Bormwer cud Lender otherwlse agree in writing or unless appUcable law otherwise prnvides.the proceexi.9 shall
<br /> be apptied to ttx sums cocur�ed by thi�Socurlcy Insuaiment whether or not the�sums ere then due.
<br />-- If tho Property is abandoned by Elormwer.or if,after notioe by Le�xl�tu Boriowet tha�the candcmnor offcrs w ns�ke ast -
<br /> award or setde a clalm for dat�es, Barrower fails tn respond to Lender whhin 30 days aRer the date the notice is glven.
<br />- I.ender is suthorized to a►llect an8 apply the proceeds.at its option.either to resmmtFoa or repair af tde Property or to the sums
<br />- secured by th'ss Socurity irtsuument.whether ar not then due.
<br />� Unless Lender and �orniwer otherwise �ree in wdting. any appllcadon of pmcx�ds to pric�apal shell not eatend or
<br /> postpone the due date of the monthly payments referred ta in paragrnphs 1 and 2 or change the auiount of such payments.
<br /> Il.Borro�rer Not Reieased;For6earance By Lender Not a Waiver.F.�etensloa of the tjrae far payment or modification
<br /> of amarti7ation of the sums secured by this Se4wwricy Insuument granted by Le�er w eny successor in interest of Borrower shall
<br /> e
<br /> not operate to releaue the liability of the originai Borrower or&►m►wer's sucoessots in iaterest.Lcnder shaU nat be requlred to
<br /> comrnence praccedings against at►y successor nn interest ar refuse to extertd time for paymeat or ot��r+vise modify amurtiraUon
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<br /> of the sums secured by this Secutlty Tnsuu�nent by reason of any dem�nd made b� the origin�f Borrower ar Borrower's
<br /> - suoee.9sors in interest. Any for�arnnce by Lendcr i��Cxcrcisir��any rtghi or rcmc3y stta!!nos�s s�si�sr uf Qr g s� _
<br /> exercise of any right or•remedy. '
<br /> It. Sttocrssors and Assigns Bound:loint and �everal Liability; Co-signers. The coveaan�s und agr+eements of this
<br /> Secudty Instruinent shutl bind and benefit the successors and assigns of Lender and Borrower. subjtct to the provisions of
<br /> pa�s-�aph 17. Aormwer's covenants and agreements shsil{ be joint and severnl. Any Borrower who co-signs thls Secur�ty
<br /> Instrument but does not execute the Note: (a) is co-sjgnin�this Securjty Insuument only to mortgage, grnnt sind convey that
<br /> Borrower's interest in the Praperty under the terms of thia Securlty Insuument: (b)is not personally obligated to pay the sums
<br /> securod by this Security Insuument:and(c)a�that I.ender and any othsr Harrower may agree to eztend.modify.forbear or
<br /> make any accommodations with regard to che icrms of this Security Instcument or the Note without that Horrower's oonsent.
<br /> 13.i.oan Charges. If the loan secured by this Security Instrument is subject to a Iaw whtch sets m�imum loan charges.
<br /> and that law is flnaliy interpreted so that the inter�est or other loan chtirges collccted or to be collected in connection with the
<br />�; loan exceed the permitted Iimits, then:(a)any such lonn charge shall be reduced by the amount necessary to reduce the charge
<br /> to the permitted limlt;and(b)any sums alreudy collected from Borrower which exceeded permitted limits will be refunded to
<br /> Borrower. Lender may choose to make this nefund by reducing the princlpal owed under the No¢e or by making a direct
<br /> payrnent to Bnrrower. If a refund reduces principal. the reductton will be treated as a partial prepayment without siny
<br /> pnpayrrtent charge under the Note.
<br /> ,,:1;: y:�• 14.Notices.Any not�ce to Borrower provided for in this Security Instrument shall be given by delivering it ar by mailing
<br /> `^��..,;:�i"-�;:� it by first class mail unless opplicable Inw requlres use of another methad. 7'he noticx shull be direct�to the Property Address _-
<br /> .tiy.1n.
<br /> x•w;�':;t or any ather address Horrower designates by notice to Lender. Any notice to Lender shall be given by first class mail to
<br /> ;, ; �r� • L.cnder's acldress stated herein or any other addmss Lender designates by nodce to Borrower. Any notice providad for in this �-
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<br />``' .��;}��`'�i'. • ` Security Instrument shall be deem v d to have been given to Borrower or Lertder when given as prov{dad in this parugraph. =
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<br /> _. �`x�;,���;.'. .. 15.Governl� Law; Severabi8ty. This Security Instrument shall be govemed by federai law and the !aw ofthe _
<br /> . . ����,. •. .f,, jurlsdIction in which the Ptopercy is located. Tn the evaat that any provision or clause of this Securiry Instrument or the Niote _.
<br /> :,. .�:;...r:: ' ra��; �
<br /> , ,,. cantlicts with applicable law.such rnnflict shall not affect other provisiuns of this Securiry Instrurnent or the Note which can be �
<br /> � :� .._.,i��.',�" . given effect without the conflicting proviston. To this end the provisions of this Security Instrument and the Note are declared �
<br /> . e�.,.�,•,-�.,.:..
<br /> " ��� to b�severable.
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<br /> � �'w`' ��� '" I, 16.Borrower's Copy.Borrower shall be given one conformed copy of the Note und of this Security Instrument. :
<br /> ��!�;�rr � ,:� Form 3028 9180 �
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