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<br /> cu�iAcmnatiw�or othcr taki��„of uny patt nf thc�;opc�y.ur iQrconvcyuncc tn Ilcu af c�ndcuinatIo�e,nea fte��b��ssign�d er_�
<br /> ° shatl bo�aid to l.endcr. ''
<br /> In aite avera ui a iutaT'f�ofcin�{uf irw Y,u�;cPty� tik. -#+�s:,.'tsll �a�tpli!� to�s�as*�s�x�rs� ny•fhiA s�U�,ry .,
<br /> In3tNmeet,wlttthtr or not then due,wlth any�xcess paid LO BOI(ON[CP. In ttee event ot A putisl t�lcing of tho ��
<br /> which the falr markct valuc uf tho Propeny imtnediuely befon the rokin�I�eyuat to or greatar t�,ern the amoant af t rsuma
<br /> sccuced by th19 Sa:urity Insavme�t immediately befo�the t�lcing,unlcss 8ostipwer And I.ender othcrwlse a�ree in wri�InB,
<br /> �he snms�cnrcd by thlx Security Inauvment shall bo reduced by the smount ot the prastcds multiplicd by the follawEing ••
<br /> fracdon: (n)tho total amounr of ehe sume aecured immatiuety before itio taking.dkvlded by(b)d�e fi�r ui�ket v�►I►u:uf G�c:
<br /> pmperty immediauly bePore the taking. Any b�lanco shdl be p�id w Samwer. In the event of s piutiul tn{cing of die
<br /> praperty in whtch the fair marlcet value of the Property immzdiately befora tho tsking is lass shan the arr►ount of thG.,suma
<br /> secured imrnediately before tt►e taking,unisss Borrawcr and Lcnder otherwiso agt+ce in writing or unless m�licable Isw
<br /> otherwlso provideR,the proceeds sliall be applied to�he surr�s secureQ by this Secudry insaument whether or na the sums are
<br /> then due.
<br /> If the Pmperty ia nbandaned by Borrower.or if.after nodce by L.ender to Bomnwer th�t the condemnor offerts to mikC
<br /> un nward or s,eule n claim for dFUnages.Horruwer fails to rospond to Lendcr wlthin 3U d�ays after the date the nntice is.:givrn.
<br /> l,ender is uuthorl�.ed to collect pnd uppty the proceeds.at[ts option.elther w restoraHor+or nepair of the Property or co the
<br /> sums secured by this 3ecurlry Instcumen�whethet or not ahen due.
<br /> Unless LendeT and Borrower otherwlse a$rea in wridng�anY applicadon of procceds to princjpal shaU not extend or
<br /> pastpone the due dute of the monthly payments r+efetred w in paragrapt�s 1 and 2 or chenge the amount of such paymen�s.
<br /> Ii. Horrower NoR Itdea.sed; F'or6ear�na By I.ender Not a WA[ver. Extension of the tima for payment or
<br /> madifccution of cunorthation of the sums secureci by this 5ecudty Instmment granud by L.ender to aay successor in Intere�t
<br /> of Borrower sl►ull not o�rerate to rlcasc tlte Ifabiliry of ehe ari�na! 8onower or Rermwcr�s successors in inutest�L.cA�ies.
<br /> shsill not be requIred to commencg pmceedings agninst nny successor ia interest or refuse to extend dme fat,�u►y fiht���7 „
<br /> otherwir,�modify amortlzation of the sums secured by tbis Securlty Instrument by nason of any demand made EyRhe�t3,g�Attl
<br /> }3orrpwer or Bomowerb successors in intet�eat My forbearance by Leuder in exer¢ising any r�ght or remedy s�ali not D'�s�1
<br /> wc�iver of or preclude t!►e exerctse of any r3ght or remedy.
<br /> 12. Successurs and Aasigns Bound;Joint and Several Liability;Castgners. 'I1n covenants and ag�ementa of this
<br /> Security Instrument shall hind iutd benefit tha successors und assigns of Lender end Bonvwer.subject to t6ie provisions of
<br /> para�raph 17. Borrower's covenunt�and asreernents shall be joint and several.Any Bormw�r who casigns thia Scr.urtty
<br /> Inst�ument but does not execute the Nnte: (a)is co-sjgning thia Securlty Instnwent only tv mortgage,grant and convey that
<br /> '�`'''� Bomowert interest In the Property under the ternns of this Security Inawmen� (b)is not personally obligated to pay the sums
<br /> secured by this Securiry Instrumenr,and(c) agree.v that Lender and any other Borrower may agee to extend,modify.forbesr
<br /> r +•�;` Z or mulce siny accommodations with negard to the terms of this SeeurIty [nstrument or ttie Note withaut that Homawer's
<br /> ''.'1�;:,... consent.
<br /> �r� • �� 13. Loan Charges. lf Ute loun secum� by this Securiry instrumrnt i�eat,Jcci to a lasv r,rkicts �m�x3msss'n 3esa -
<br /> ''`�`''''�`� '`°r�' chur es,and that I.sw is finail inte reted su that the interest or other loan churges colie�ted or w be coUected in connection
<br /> �,. . �.�.:� � Y �P
<br /> f�"�r'. :• � •�.. with the(oan exct ed the permitted IImits.then: (a)any such loan churge shell be reduced by the amount nectasery to reduce
<br /> ,� �"'� ' the churge to the pe�mitted Ilmt�und(b)any sums alm.ady coUected from Borrower which exceeded permttted Ilmlta wIp be
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<br /> , rt:_ �..... • refundr.d to Bmrawer. Lender may choose to make this refund by teducin�the principal owed under the Note or by making u .
<br /> '. � ,�';. ' . ''�t direct payment to Borrower. If a refund reduces principai,the reduction will be treuted as u parttal prepayment v�nthout arry
<br /> � "' n ti ` pmpayment charge under the Note. '� '
<br /> �t��=:�:` ,:•�,; �-�, 14. Notices. Any notice to Borrowet provlded for ln thls Sec�uiry Instrument shaU be gfven by deliveflng it or by
<br /> ,�,<_� � .�r r- mailing it by fust cless muil unless applicablc law requires use of another method.The notice shaU be directea to the l�C+operEy
<br /> .t�� •r-• -•••�•��-� Add�ess or any oiher addmss Borrower designates by nouce to Lender. My nouce to Lender sltall be given by first cla�s
<br /> �•�••� �• ~�•�� • � ma�l to Lenderh address stated herein or any othet addrzss Lender designates by notice to Bocrower. My notice pravIded for
<br /> •r�' ' '_:.���• in this Security Instrument sh�ll be deemed to have been given to Borrower or Lender when given as provtded in this
<br /> :�w�.,,.._.;�:::i.'o� :: paragraPh.
<br /> ;?�`�'•-*�*"•� � IS. GovernMg Law; 5everebEllty. 'it�is Securicy Insaument shall be govemed by federal law und the taw of the
<br /> v^�-s'°'•'"^r �� jurisdicuon in whIch the Property is located. In the event that any provision or clause of this Security Instrument or the Note
<br /> ':"*"'-"' ' .':, ° conflicts wtth applicnble law.such conflict shall not�t'fect other provisions of this Securiry Insuument or the Note which can
<br /> ' be given e.ffect wlthout the conflicting pr�vision. 'Ib thls end the pmvisions of this Security Instrument and the Nlote�+e
<br /> ` deciered to be sevemble.
<br /> ' ' E6. Borro�cver's Copy. Horrower shall be given one conformed copy of the Note and of thts Security Insm+ment.
<br /> - 17. 7Fstasfef ot the Property or a Beneficial Interest in Borrower. If ztll or any part of the Froperty or tu�y interest in
<br /> .•A� ': . • it is sold or transfeme�(or if a bene�clal interest in Borrower is sold or transfemed and Bornower is not a natural pe�son)
<br /> without Lender�s prior written consent,Lender may,at its op8on,require immedinte payment in full of eU sums secured by
<br /> ' " ' this Security Instrument. However,this option shall not be exer�cised by L.ender if exercise is prohibited by federal Iaw as of
<br /> r._`. ' . the date of this Security Instrument
<br /> ,�'�• If Lertder exercises this opaon,L.ender shall give Bomower notice of acceteratton. The nodce shail provide a period of
<br /> ►r���'"', � not less than 30 days from the date the nodce ls deliven.d or meited within which$orrower must pay all sums secured by this
<br /> • . Security Instrument. If Borrower fails to pay these sums priar to the expirntion of this perlod. L.ender may invoke any
<br /> " remedies permitted by this Security In�uument without further notice or demand on Borrower.
<br /> � , 1& Borrower's Right to iteinstate. If Borrower meets certain conditions. Bomower shall have the right to have
<br /> enfonement of this Securiry Instrument discontinued at any time prlor to the earlier of: (n)S days(nr such other period as
<br /> ? ' Single Family-•FLnnk MndFl eddk Mec UNIFORM INSTRUMENT--Uniform Covennnts 9J90 (page 4 of b pages) r
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