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<br /> � Id tl�e event of a t�HHi Iukir+g o!' �ht'. E'.c��xity. thr, p��K:r.edr shsil he��I�ed t�� the ��►mv :+ecurcd hy it�is tic�urity .
<br /> In��rumrnt,whe�l�er or nat tha� dt�r,with any exata prid W Hwn�wer. in,the evcnt ut u�irl tuling af ti►e C'rup:s�y i►� .
<br /> '_-`��"�'' w1�4�:Mr ttie[�ir ntx►xet valur uf��e,t'ra}xny° �mm�dinte2y txf�►re the tWlcin�i�eqw►1 to ar gtr�tcr thui tF�iunount uf thc autw
<br /> _ _ _ ; -, �, r,., re
<br /> r�ocurod by tt►i�c Sa:urity[ru�trumcnt immec.a�iciy���.�•L:••:$•.���;:�•�-._..� `�"Y'�'r.r Ne4i I��+xlCr mlyerwiti�nf;z��c 3n writ nb, ---
<br />-------_-------, ItK sume socural by thia Sa:urity lntittument ahall be roctucal by the a�m��nt of the pruceodx mui�iplioci by the loiEOwing
<br /> trarcticxr (a)the totr!amount nt'tha�s�ms secuc�d im�t►edietely Ixfore the�akin8,div9c3eci by Qb)the fsir mulcet value at ttre
<br /> p�op��ty immeAiatcly before the uki�eg. �►i►y b+d�' :c sh�l! bc p«�id to B°rr°wer. Ir tt;c avCnt of a partixl txking c�f the
<br /> Ptope�ty in whi�h the fuir madcet velu�e o[tl�e Property immediactiy txfore the trlcing is less thui the am�w��t of the sums
<br /> se¢�re^;►•'rR»mecliately before the taking,unkss Bormwer und L.enae�wh�cw`�'� y�''tt �n writing or unksv appticabk 1��+•
<br /> __-_-_.- - ,_,� cytterwise�rovide�.lho proc�eeds Fhall ix uppli�l to the sums secarad by this Security Insirurexnt whcther or not tlx;sums axe
<br /> ttxn due. --
<br /> �f�t�qxety is nbandcxied by Borca�wer,or if,after notice by a.enckr to 8arcoa+fr that the condemnor oifcrs co nuJce
<br /> � nn award�r settle a claim For�images,Borrower faifs to respond to Lender within 3U days a(tor the date tt�e notice is givnr,
<br /> lxnd�er is autho:i�ecd to collect su►d epply tiw�►rc�ceeds,at its option,eith�r to restorat[on ur rc�air of the PropeiYy oc to Q�e
<br /> su�ns sccurtd hY�his Security fnstru�nent,whetheros not the�due.
<br /> Unless Lender s�nd Borcowtr otturwiso agree in writing,ar�y appiication of Qnxeeds to principal shall not eatend ur
<br /> pc,stpone the due datc of.t o.mi.oQ thiy PFo t en�cc B�1.endcr No�a�WVii er.r ctExtensior�aof the t ime fora paynxnt .�r
<br /> — i1. .,s.:..:.�: N�. -•---"-d{ !' __
<br /> modificatioo of umortiaation af die sums sec��red by this Security Instcument grar�ted by l.ci���t�c�nq sa�%�:in intt�s!
<br /> � �of B�rtower shall not operate to relexse tixs liability of the original Borrowee or Bonower's successors in inters��. l.cn�er
<br /> -- -- shall not be required tr�comvr+enco proceedings ngairut zny successor in in4erest or rcfuse to extend time for pay�nent or
<br /> — -- tit�.��ce modify amortization of the sums secured by this Securiry Instrument by rcason of an�+du��nand made by the original
<br /> � Borrower or 8orrower�s successors in interest. Any forbear.tnce by l.ensler in exercising any right or remedy shall tr�t be a
<br /> " wa+ver of or preclude the�xencise of anY right or remedy.
<br /> 12. Suac�essors And Assigns Bound;Joint A�cd Several Liabldity;Co-signers. 'ilie covenants and agreements of this
<br /> ! Security instrument shall bind and benef t the successars�+nd assigns of Lender and Do[rower,subject to the prmvisiens of
<br /> p;���r,,p}� ��.Borrower�s covenants and agreemcnts sh�ll be joint a�d sev�ral. Any Borrowcr who co-signs tt�iS SCCllfI[�I
<br /> ' Instrument but daes not execute ihe Note: (a)is co-si�auing this Security Instniment only to mortgage,grant and ca-evey that
<br /> --__—=I Borrower�s intc�st in ehe Property undcr the cerm 5°h t1Lend r�an�y i��r�Borro�cr may agree t extend,m�diyfy�forbear
<br /> � secuced by this Security Instrurnent;and(c)a�ee
<br /> __ _____._=I or make any accommc�dauons wit;; aKard:� :l:e •=r=r`^f thic Seciuity Instrument or the Note without that Fiorrower's
<br /> �..�.e....,.i consent.
<br /> ---- -- -- 13. Lo9n Chsrges• �f t1►e loan secum.�1 by this Secuoty Instmment is subject to a law which sets maximum oa�z
<br /> �_�� char es.ancD thnt law�s finally inte►pret�d so that the interest or other loan char�es collected or to be callected in connection
<br /> --- `""��� withsthe loan eaceed the pennitted lim�ts.then: (a)any such loan eharge shall be reiluced by the:unount necessary to reciuce
<br /> —=:�n�^�•,�s,�I"�I the charge to th�perm�tted limit;and(b) any sums already collected from Borrower whicl�exceeded permitte�l'umits wlll b�e
<br /> -_;�;r��n�'�"-' refunded ta Bomnwer. Lender may choose to make this refuncl by reducing tbe principal owed un3er the Nate or by making n
<br /> �°`.°WS°=�� direct payment to Dorrowcr. If n refun� �educes principal,the reduction will be treated as a p:utinl prepayment�vithout any
<br /> "'�-`'�"�`'��� prepayment charge under the Nute.
<br /> �='�"�"'"�'���"�� 14. Noticts. My notice to Borrower provided for in this Security Instrument shall be given by delivering i►or by
<br />'"'""'�``''"�'-''� mailing ic by first class mail mitess applicable law rcquires use of anottier method.The notice shall be d'uected to the Property _
<br />_���;��� Address or any other address Borrower designates by nouce to Lender. Any notice to Lendsr shall be given by fust ciass
<br /> �"°'°�^�� � mail to Lender's address state�herein or any other address Lender designates by notice to Borrower. My notice provided for —
<br /> �. "�""x .""°`m in diis Securicy Inscn►ment sh�ill be deemed to have been given to Borrower or Lender when given os provided in: this _
<br />:.`,9�}'y"���'.�'��r'?j1
<br /> r._ ���� paragr.{ph.
<br /> �,"`'°""°' " l5. Goverrting Law; Severability. This Security Instrument shall 4�c governed by federal law and the law of t e _
<br />_.,;;;"`.tu��+�z;� �. --
<br /> -�;;�;��3��;:,��'+q�r�`- jurisdiction in which Uie Propeity is located. In the event that anp provision or clause of this Security Instrument or the Note —
<br />:',�,�'�,c�,,,:���,,�� conflicts with applicable la�+. such conflict shall not ti'Flect other provisions of this Security Instrument or the Note which cah
<br /> :���•�� • i;•;:: be giv�n effect without the conflicting provision. To this end the provisions of this Security Instn►ment and the Note are
<br /> - --- - � �'���, � dtxlared to be se:ve�able. _
<br /> ,, ,,;, � , � 16. Borro�ter's Copy. Borrower shall be giren ane conformed copy of the Note and of th+s Securiry instrument.
<br /> - f 17, '�lrensfer of tht PrQperty or a Benefici�l T�terest in Borrower. If all or any part of the Properry or any interest in
<br /> - �� i it is sold or transferred(or if u beneficial interest in Borro�ver is sold or transferced and Borrovver is not a naturnl person)
<br /> �N` � without Lender's prior written consent, Lender may,at its option,require immediate payment in full of all sums secured by
<br />_.��r this Security Instrument. However,this option shall not be exercised by Lender if exereisc is prohibited by federal law as of _
<br /> _ . � the date of @iis Security Inswment_ _
<br /> If l,ender eaercises this option,Lender shall give Borrower notice of acceleration. The notice shall provide a peri�d of
<br />_ - not less than 30 days from the date the notice is delivered or mailed within which Bonower mast pny all suins secured by this �_
<br /> ' , Security Instrument. If Borrower fails to pay t�i�se sums prior to the expiration of this periad, Lender m�:y invokc uny �-
<br /> remedies permitted by this Security lnswment wuhout further notice or demand on Borrower.
<br /> ' 18. Borrower's Righx to R�instate. If Borrower mects cectain conditions, Borrower shall have the right to have _
<br /> enf�rccment of this Sccurity insuument discontinued at any timc prior to the earlier of: (a)S days(or such other period us �_
<br /> � Single Femily--Fennle�Iar1F1'��Idie Mnc lJN1FORl1f INSTRUh1ENT•-Unitorm Covenanu 4190 (PaR�4 aI b Pag�s) F'
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