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<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
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<br /> „�� �i. declured to be severable.
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<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
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<br /> 1. °� Singie rvmiiy�FannEe MaelFreddie Mac llNIFORM INSTRUMENT--�niform Cbvenanta 9l90 IpaKt4 af6 pages)
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