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<br /> - _i� •.`:�" conde�natio�ar other takin�of�y�art of the Pmp�ny�or foicqnveyts�in fieu ofcandemnationi tu��net�Y as�ga�a�d -
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<br />— `.' .' :�..'..`�..��� � SI13u�C Q81�lO I.CAt�Ci ` . �. . . .
<br /> _...t;.�__ ._ . , In the eveat�£a`tatai tats�g o€the Property.th�proce�s shall be,applIrd�v the sums�se�ured �+ttiis�ty .
<br /> �,..:.: ,�..::..::,. sums -
<br /> �` ,r..• ;,.. r�� Ir4slrument,cvhether or aQt then due..with any excess paid€o Boaosver. Iri the evenc of a p�rti�.��akin�of die Ptoperty i� --
<br /> -� �.;�<r..�<.:�.;.;;...<��' w4�icla the fa'v market vatue of ti�e F;�pzrty�a�ty�f�e the,ta�iag is equni[o as g�ter than ttte a�aunt of t�e�ums � , . --�-�-v-��_...---
<br /> - 4-`�� ,�- .- .`� sec�rerl b ihis Securi tflstsu�nt immedeat�Ey befare the takih urdess 8orrower an¢I.eader aj.hetwi..�,a�ree in wntiag,
<br /> �`.s.'`�'r .-„4:..`r� •c' — < .
<br /> ..:. .:�� ...� ��-.,... .she sams s�by t us SecurIty Inswmenc shat!tia�edu�ed dsy�he amount of the procxsds muttigtied t�y t€ze fotinwibg , :
<br /> ��.. _ .. . 4 .s-
<br /> t� : ��°. , --fractioa: (a)the tatal aui�nnt of the sums sec+ued immediatefy before the tatsin;,divi�hy tb)t�e fair�et valce of ths . _--___�___---
<br />- .;; '.. � �_ , ' propezty i�ne�liatety 6efore tlse mkin� l�ny balance shaJt he�aid w Barrower. Iq S6a e�cent ef�pm4ial taking.ot�.tIte ',
<br /> Prnperty m wbich the fair market valuc of the Property smiae�tiaseiy before the taic��i,s less t�ehe amouni of tlte sums. � _
<br /> --'-. � --: s�@ immediazsly 6e�ore the caking,ualess�omawer an�I.end�ath�arise ugree in writin�ar unless applicabte_[a�+ ... , - . . .
<br /> ' . , • ' . oltcerwise provMes,the procceds shalt be agplied to the sums sec�u�ed by this Secosiry Instrument ivhether os not the sisms,are .. , • -
<br /> . . �: ` ' thendue. � , ' � .. '• . . --�—
<br /> .: ��`�'�,.�.. If the progerty�s a�andnned by Bormvrrer,or if,after notice by l.eader to Barrawer tfiai the cmtdemrtai affeis to arai� .
<br />. . �.�r.: .., _ •
<br /> _- - .. ,-.,.r �a award ar se�tte a claim fer damages,�orrower,faiLs to respond to Leader within 30 days after the date the natioe is gi�ea, , .
<br />_ •'•., , Lxnder is aut�orized to coltect aad app1Y�P�•at its optfon,either w resio:ation or repair of the P r ope�y or to the � . --
<br />_ �`;,li� . ".����7 sums seciued hy this Secntity 1ns�wnwt,whelher or aot tlign due. � '
<br /> � :�:�.;:; �; QWess�nder and Bormarer othenvise agree ia writing,�y applicatioa of proceeds to principal shaA not exten�ar
<br /> �;�.-:. ''"° . • Pustpone d►�due date of the mnnthIy payments teferred tn in paragraphs 1 aad 2 or ctiange the�amaunt uf suah payzaents.
<br /> _ �, `��'s�� �``:' � •11. Borra3ver Not ReTeased: Forbeasaace By Ieendes Na4 a Walvee Extenslon of the time for payment or .
<br /> �., .,.. - se .
<br /> t: madification of amo�on of the sums s�cared by dus Sec�rity Iast�ument gcanted by Lender to any successar in intc�est
<br /> ���.``' -..:'�:.;`�� `< ` of Bonrower sb�1 nat operale to re2ease ii�e liability of th�original Borro�rer or Banower's successors in intEres�i,alder . ,
<br /> ��`-•° ° `� �'.; shali nas be required to commence ptoceeaings agaiast anY succsssor in int�est ur c+efiue to extend ti�for paymeat ar �
<br /> r :; , ;:�.,•. °�`a ottrerwise modify amortization of t6e sums secared by this Secarity Instrument by reason of any demand made by the original
<br /> �.~. ;''�- -" �' Bom,ver or Borrower§saccessors in interast. Any forbearanc�by I.ender in exacising any tight or remedy shaU uot be a ---
<br />��- • � . • -
<br />_ :. . . .
<br />;�, - • <:.''::�•.. . ; . waiver of r p�tude of anY riStit e�remedY• � ' -
<br />-�`. . , :. , ,, .,. •:,,;,. 6u�as and�A�stgns Bound,J�t�d Several Liabitlt�;,..... ers. '!he cov�enants and ageements of dtis
<br /> . A i �.:�1 � �� .
<br /> ' ` ----Secority-Ins�ut�S�-bind and.benefit t�<'�ccessois_arid.�signs--�_�ader arid.�otmiNer,_subject..W the pmvisions of
<br /> 1...:
<br />�. �;st� ,� paragraph 17_B�?is5vca�c4�ea�.*!ts and agi�utents shall be}oint and.'s�veral.Any Borrower.who co-signs this Sec�uity � ,� _-
<br />�: • •�.;�•,Sj:� � ' � Instnrmea�t.but does not ex��s Alote: (a)"is co-sign�' a":%�s Securiry Instzucrient only to mottgage.gmnt and cons�aq d�at . .
<br />_ ,�,< � * Botrower's intetest ui the Pro�afy unde,r th�i�ana of ihis���Y Instrum�a� (bj is not personally obGgated W pay tlt�sums
<br /> �� ..,,;, secu:ed 6y this Scxwity Inst�en�and(c}:r;,�es that Lc�itier'and any o�er Borrower may agree to eztead,modfy,forbear —
<br /> ,., , .
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<br /> -- � • ,. . � . ,.' .:::: accommodations with_reg�';ai the te;ms of this Secuntg.Instrument or tlte.Kote wiEttout drat.Bormwerk� -
<br />� . _ or make any. _ _ ,
<br />_ �.cans�n� `''�' �
<br /> , -�. ` .. `�.•;7•`. . 13. Loan Charges. �tf t��,�oan secured by this 3ectutty Instrumem is s�aject to a law which sets maximum toan � ---__- --
<br /> . '"``:�: : chaiges.and that!aw is finally i,c�trsp�eted so that the interes�+ar other lnan charges co]Iec�d or w 6e coDlected_ia connectian =-- _-
<br /> - . ���/, �":�' • vrith the loan eaceed the perr�i�1Gmits,thea (a)any suc�loan charge shaU be reduced by the amount aecessazy DD reduce -
<br /> - . •;�•-- � the charge w the yr�itted I�`a�d(b)any sums almady collected from,Borrower which exceeaed p�zrmiued limits adll be --
<br /> ` ' ' � �' nfunded to Bayiea�+�. Lender,�ay choose to makc this tefui�d by reducing the principal owed under the Note or by maldng a -"-°�='�
<br />- ��.� ,•, 'r�!'�'< ditect payment i�n l�orrower.' II�arefimd reduces principal,the reductiaie aall be treated as a partial prepayment withauc anY . %" � TSS,:�:_,_� --.
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<br /> Prepayment chaTge under the E�5cr3 ' :!.'.�;. --
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<br /> '�•�.°%��,1�'�,�i��•.:.. , 14. NIottcea Any notice to Borrovi+er provided for in�is Sec�ty•Insuument shall be given by delivering i�er:b�t�. �;,•;.•. . , _:,---_
<br /> , _.. mailing it by fust class mail unless applicable law requires�ise of anott�r�ethod The notice shall be directed to the P�rty , !'�_``-----
<br /> � � • � Address ar any oiher address Boaower designates by norice to Lender,.;'�¢ey notice to Lender shal!be given by first class a�=_—
<br /> �:. �" • �.�..------
<br /> _ � • . . ma�w I.ender's�hdress stated herein or any o�aer address Lender desi�s�"�ss by notice to Borrower. My notice pmvided for �z�_���.��:.
<br /> '., , in diis Securiiy Tnstrument shall be deemed tu have been given to gbrrower or Lender when given as provided in this �•�=j+������ —�
<br /> h "'„-
<br /> � ' , � p�15p Goveming i.aw; Severa6�7ity. This Security t�as�u�nent shall be govemed by federal law and the law of the ���a�
<br /> '' • jurisdictfon in whlch the Property is located. In the event ihat�ny provision or rlause of this Security InsUUment or the Note �:�=u'��"-�`-
<br /> . .r.-r.�-�t:— -
<br /> " • conflicts with -„5cable law.sach conflict shall not affect other provisiaas of this Secarity Insuvment or the Note which can �;.-=�_
<br /> �, be given effect�:;..hout the conflicting pmvisian. To this end che protin�s,��rf this Secutity Instrument and the Note are _ ---
<br /> ` . ' �� declamd ta be severable. �„^-,:�;;��
<br /> :•��°i';�.',,��,-�,`��� " 16. Borrowei's Copy. Borrower sha116e given one conformed copy oF thie Note.nd of this Security lnstrument • :;;_;°
<br /> :•.�,s� . . �:,._,.,-,.-
<br /> .. , „�,,, • 17. TransPer olthe Property or a Beneticial Interest in Borrower. If all or any part of the Property or uny interest in _-
<br /> • • it is sold or transferred(or if a beneficial interest in Borrower is sold,er.ciansferred and Borrower is not a natural pc�son) '�''��i�`?�: _
<br /> . � without l.ender's prior w[itten consen�Lender may,at iu option,requi��i�mediate payment in full of all sums secu�by -:�`;�1,~��'�`
<br /> � • � this Securiry Inswment. However.this opdon shsilt not be exe�ised bY t��ec if exercise is prohibited by federal law as of , ':�:;'•��`�� -
<br /> � `� the date of this Securiry Insdument. , .� _ .._r':—_�.
<br /> ;,...: _..�.._ . �,, . ,.��x=�-
<br /> � • If Lender exercises this apdon.,1.ender shall give Borrower notice of accelerauon. The nodce shall provide a period of ;�•,•r,c{;yw'; .c,•'.R r=:-=
<br /> - ' � not less than 30 da s from the date the aotiee is delivered or mailed within which Barrower must 111 Sums seCtued b .thiS , '� ;�jF?�?���« : . ;;r�`•'
<br /> . y PaY Y .�ti��;,N., �.,_
<br /> - . Security fnstrumenL If Bonower fails to pay these sums prior to the expirauon of this period. Lender may invoke any • ,: :_
<br />_. • ' � remedies permitted by this Security Instrument without funher notice or+u.�rnand on Borrower. . :' �� -••�
<br /> . . ' 18. Borrower's Right W Retnstate. If Borrower meets certairo cxmditions. Borrower shall have the right to have ' "''<<
<br /> 1' - � •�� � enforoement of this Security lnstniment discontinued at any time prior to the earlier of: (a)5 days(or such olher period as ' .
<br /> % . � . • . .
<br /> • ' " '• , � Singte Family—Fnnnie AtaelFreddIe 11iac U�IlFORM INSTRUMEhT—Unifotm Covenants 9/90 /poge 4 aJ6 pageal • .. _
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