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- �' ., L '. ' . . � . , Y;;';.�� .,,,t.�f`,� �n'f1�!;hla��'� .�-, <br /> . ' .. ��•:. ' :1'S�: .. <br /> . r �.,��r <br /> �. . <br /> . . " � � i�sate�.. <br /> cutidcm��atlan Rr othcc tak[ng aFany�►urt of the Fmpeny.ar for c�»vcyunoe in{teu of ra��d�mnaliQn,sra f�rrc:8y�usigncd u�kf <br /> �hali tse puid to I�encicr. <br /> tn thn Cvcnl uf f�tot�t takfrog oY tbe Pro�serty, the pmcr,Qd� �h�ll be �pplied to the sume r%curcd by thix Sexurlty <br /> (nstrumeift,whett►er esr not Ihen due.with eny exceen pdd to Borrower. In tl�e�mvent of r p�ctt�l telcinp of the Property in �� <br /> which the fair��ukct vduo of the Poaperty immcdiatoly 6ct'oro tho taking la equAl to ar artAter th�n the�maunt of tha� <br /> eecurcd by this Security inatrurntnt immediNtxly befoe+e that�king,unlers 8orrowar�nd L.ender otherwisa a�roe in wrFdnj, <br /> thc sums sacurcd by tt�lu Sccurity Inslrurt�ent ahall bo�sducad by the amount uf ttw procer.ds mpidplted by the follciwln� <br /> fractlan: (A)�l�e totwl amaunt nP tha euma sccured Immediatoly before tHc WdnQ.dlvtded by(b)the tYiir mailcet v�lue.pf the <br /> Prope�ty immediately 6efom the taking. My bAlnnce ehall be paid to 8otmwer. Ie the evant of a putld uklns of the <br /> Properry in which t�e fair merket valuo of the Property immedintely befo�thc taking is less than the amuunt of the numd � <br /> securcd immedi�tely before the taking, unless Batower end Lender athea+viee agnee in wddng or unless applicxblo law <br /> othcrwise provides,the proceeda shall ba uppiled to thc sums accured by thia SecurIry[nshument whether or nat ehe su�ns are <br /> then due. <br /> If the Praperty is abvtdoned by 9omower.ar tf.ntter nodce by L,cn�er to�amwer thnt the con�emnar offers to make <br /> an award or settle u clulm for damageA,Borrower fuils to raspoad to L,ender within 30 days after the d4te the nottce ls gtvr.n, <br /> I.eader ia uuthorized to collect and apply the pmceeds,ut Its option,either to reatoraHon ot irepnir of the Property or to the <br /> sums secu�d by this Security Insuumen�whether or not then due. <br /> Unless Lender und Borrowe.r otl�envlse agt�e in wrIt�ng.uny applicntton of proceeds to principal shaq ewt extend nr <br /> postpone the due date of d�e monthly payments referrod to in parngrnphs 1 and 2 or change the amount of such payments. <br /> Il. Borrower Not Refeased; Forbeunnce By Lender Not a Walver: Extension of the t�me for payment or <br /> modlficutton of umortizetian of the sums securr.d by thls Securlry Inspvment grartud by Lender to u�y successor In lntertst <br /> of Bonowcr shall not o�rute w release the liabiUty of the origIn�Ho�s+o�ver or Boao+ver�s successors ia iutsns�.LeAder <br /> shall not be requin�l co romm2nce pmceedinga uguinst any successar fn interest or�fuse to extend dme for pnyment ar <br /> otherwise modify amortizatIan of the eums secu�d by this Socurity Instrument by reason of eny demand mnda by the original <br /> B�rrower or Borrower's successors jn interest. Any forbearoutce by Lender in exerctsing any dght or remedy shnU not bo u <br /> welver of or preclude thc txercise of any right or remedy, <br /> 1�. Successors aed Assigns Buund;Jotnt and Severel Ltabillty;Casignera 'lq�e covenants and Agroements of this <br /> Security Instrument shall bind and benefit the successors urtd ussigns of Lender tutd Homower.subject to the pmvisions of <br /> paragrnph 17. Bosower�s covenants and agneementa shall be joint tind several. Any Bomower who caslgns this 3ecurity <br /> Instrument but does not execute the Note: (a)is casigning thls Securiry I�suument oNy to mortgage.�runt and convey that <br /> Borrower's interest in thc Property under the tenns of this Security Instrumenr. (b)is oot personally obligated to pay the sums <br /> secured by this Security Inswmen�und(c)A�rees that Lender and ony other Borrower may agcee to extend.modify.farbear <br /> or make any accommadations with cegard to the terms of this Security [nstrument or tt►e Note without that Borrower�s <br /> consen� <br /> I3. i.oan Gfiarges. if the Ioan secureci by[his 5ecuricy inspvment is subjecc to a iuw which sees mauimum ioan <br /> charges,and thnt law is finally inte�preted so that the Interest or other loan charges collected or to be collected In connection <br /> wlth the loan exceed the pertnitted limits,then: (a)any such loan charge shall be reduced by the amount nece.csury to reduce <br /> the charge to the pem�iued limit;and(b)any sums aie�eudy collected from Bonower which exceeded permitted limtts will be <br /> •-�++f•: refunded to Borrower. l.ender may choose to make this refund by c�educing the principal owed under the Note or by malcjng a <br /> �;`� djrect payment to Borrower. If a refund reduces principal,the reduction wUt be treated as a puRial prepayment wtthout any <br /> prepaynient charge under the Note. <br /> � :;�. 14. Notices. Any notice to Bocrower pmvided for in this Securiry Insnvment shall be given by delivering it or by <br /> ''��:�, muiling it by fust class mail unless applicable law requires use of another method.The notIce shaU be dIrected to the Prope�ty <br /> °� ` Address or any other address Borrower designutes by notice to Lender. My nodce to Lender shatl be glven by first class <br /> muil to Lender�addres9 ststed herein or any other addcess L.ender designates by not[ce to Borrower. My notise provided for <br /> tn this Security lnstrurnent shall be deemed to have been given to Borrower or Lender when give� as pmvided in this <br /> paragraph. <br /> IS. Governing Law;Severability. This Security Insuvment shnp be gocemed by federal luw and the luw of the <br /> jurisdicdon in which the Property is located. In the event that any provision or clause of this Security Inswment or the Note <br /> confl(cts with applicable law,such contlict shall not affect other provisions of this Securiry Insuument or the Note which can <br /> ,,;�. -`• be given effect without the conflicting proviston. To this end the provisions of this Secwity Insdvment und the Note ure <br /> <;, .. iT.. <br /> „�� �i. declured to be severable. <br /> ;, <br /> • 16. Borrower's Copy. Borrower shalt be given one conformed copy of the Note and of this Security Insuument. <br /> u,�. :� . . _ t,,. <br /> , • . 17. 7Yansfer of the Property or a Beneficial inte�est in Bor�owcr. If all or uny part of the Property or any intenest in � <br /> -.-�%u'� �• .•. it is sotd or transferred(or if a beneficial interest in Borrower is sold or uansfemed end Bornower is not a natucal person} <br /> L" ��, without Lender's prior wrinee consent,Lender may.at its option,require immediate payment in full of all sums secured by - <br /> this Securiry lnstmment. However,this option shall not be exercised by Lender if exercise is prohjbited by foderal law as of �{: <br /> ���'•`'�� , the date of this Security Instrument. , <br /> ,� If Lender exereises thts option.Lender shull give Borrower notice of acceleration. The natice shnU provide u period of <br /> ,��,..,,. . not Iess th�n 30 days from the dute the notice is delivered or mailed within which Borrower must pay ali sums secured by this ' <br /> °'=�%'�.' � , , Securiry InswmenG If Barrower fails to pay these sums prior to the expirntion of this period, Lender may invoke any <br /> ' remedies pertnitted by ehis Security Inswment without further notice or demand on Borrower. <br /> ;�`,; . •, 18. Borrower's Ri�ht to Reinstate. If Borrower meets cerwin condiaons,Borrower shall huve the right to have . <br /> ` „ enforcement of this Securiry Instrument discontinued at uny time prior to the enrlier ofl (a)5 dnys(or such other period as <br /> ��... <br /> 1. °� Singie rvmiiy�FannEe MaelFreddie Mac llNIFORM INSTRUMENT--�niform Cbvenanta 9l90 IpaKt4 af6 pages) <br /> �t ' , <br /> '�,..t.'.. _ <br /> V'.;f s , .�,:, , <br /> i?��= , . ^ 3� <br /> --- - . . .ua .�..�.. .,to:=a.i..�..�. �..:�..�uc,"_..- . — r, _.._.__.__.u. ,a�'-----��:�^-. , ,.:�•..-�� --•_ . . .._ . . __. -� • <br /> � , . - .. . O . � ., .. . . _Y., . ' " 1 , . <br /> e'' �=--- '" " . ., . . ., t' � . .. <br /> ., ., ' „ ' - .. . , ° n _ . <br /> .. � .� � � . . -- . . - .. ' . .. , ,� o <br /> .. • � ... .. . . n . . <br /> t .. : •• '� ••."', ' <br /> ' . .� . �� . ` - ' „ ., � .� ' �, " . <br /> .. J . . .. .� . .. .i O�• ' ' .. <br /> G� '� .. - � ' � .. . ' . , _.' :.'�, �'s' . �� � <br /> . A�• '� ... 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