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<br /> ? � C{!L:�:.iGil"I�F�ll05 411�;::1'1<'�+iU^fll�14V t1:12 ilf F'i::��di�l�iil'�f�l�li;Ctili�C'y'�lit';!!i II_:!i�S C U;l'.�. i�ii!'�II•:'.Ci�'�"i,tG�, f`i'.+�C� � :t"�.'
<br />=••��=_��_��d ! sha�l ltic paicQ to l.cr,ficy, �y4--
<br /> --�=-���� � In �I�e evenz uf n tot:d t�kint; oF �lse T'rci}�erty. tlsc procr,eds sh:dl Ix uppNcd :c�ilac:,,:in�s scctsred F�y �his tir.c:ueit�r
<br /> ----_-=���*a�:�+ � Inst�um:s�t, wl�et�icr nr rtot then duc,with u�:y cxccsn paid to t3orr.iwer. Iu thc:event nf i���a�tl��l inki�rt;us tbe 1'nt�x•ny in
<br /> which tix felr murket value of the['rupr.rty immediutely btfot�e the tnlcing is equnl to cu g�rx�er thnn�he anwunt oP�ix+�umx
<br /> ___�-.���•,;w�:�:.;.r.__,:� I sccured by 61ds Sccurity Tnti�nmlent imrnc�li:uely bc('�rc thc ta�;ing, unless i3orratver nnd l.tnrirr u�henvisu ugrer,i��writin�,
<br /> -- -
<br /> .- ... -----------�� I [I1C SlIIT19 fil'CUfC(�by tlli9 SCCIICiYy�iltl�lAi11C11{ Kf18N��ClipC�lJ�y iRi�:iidUii�ii lii ii�: fnva:�fua hiii{Ii�tilCi��r,�+��iu :011uwi�f�
<br /> --=' fraction: (a)the total umount u�the sumv securec!immodiately Iscforc Itu taking,dlvidal by(b)dto fair markrt vafue of tl►C
<br /> � i Propctiy immediatcly befaro�he t�king. Any 6aiancc shail bc paid ro Borrowcr. In thc cvem of o purtiai �eking of'�he
<br /> - ------ �=� Praperty in which�he fair matket vnlue of tFia Propctty immcdiately be�'orc thc tuking iti Icss than Ih�; am¢unt c�f the�,urns
<br /> _ � secured immzdiatcly t►eforc the t��k�ng, unless Ilorrowcr ond Len�ier othtnwise agree in wriNng ar unless applicuble Idw
<br /> ____:_.,_� atherwis�provides,A►e proceecls sh1U be upplied ta the sums secured by this Security Instrument wheth�r or nnt the s�ims are -
<br /> —--�„� then due. -
<br /> -_� If thc Properey is abanctoned Uy Naaowcr.or if,nftcr noticc by[.cnder to E3oROwcr t�at tfie condemnur ofr"ers ta rnake -
<br /> —_—__,� � an uward ur settle n claim Eor damnges, Borraawer faUs to respond to Li;ndcr within 30 days nfter thc date thc noticc is given,
<br /> '-� Lender is nvthoriud to collcct and apply the procecds,at its oprion,either to restoration ur repair of the Property or tn thc
<br /> .=-'�"��'�'"�'""� sums securcd by this Security Instrumcnt,whcther or not then duc.
<br /> ----'"-�'#�a�i i
<br /> Unless I.�nder und Bnrrower othenvise ngrce in writing,any application of procceds to principaf shull not extcnd or
<br /> -- ="'-"�-°`""-"�---��"'�''-°°--�--'�� st ne the due date af the monthl a men[s c+eferrcd ro in arn ra hs 1 andl 2 or chan e tfie amaunt of such a ments.
<br /> ----- _v_�.:�� p°� p° Y P Y P S P 8 P Y
<br /> —__-,__ �,:' � lY. Borrower Nat Released; Forbearance fiy [,ender Not a Waiver. Extension of the timc for puyment or
<br /> —� modi6cation uf amortuation of the swns secured by this Security Instrun�ent grante�d by L.ender to any suecessor in interest _
<br /> _______a`.`-;:"�'-`•""-�,'�`f'!}1 i of Borrower shall not operate to release the liabiliry of the original�onower or 8orrowcrs succe�sors in intcrcst.Lender
<br /> ^�-t_,�� shnil not be rcquired to commence proceedings ngninst any successor in interest or refuse to ext^nd time for payn�ent or
<br />_=��qE'• �' °-•:���• othenvise modify lmortization of the siims secured by this Security Instrument by reuson of any demand�nnde by the original
<br />"=-"_'!�=-,�4�.:;r�,;:,� .. Borrower or Borrower's successors dn interest. Any forbearance by Lender in exercising any righe or remedy shall not be a
<br />�"--"�=°LT,�'�4;;. waieer Qf or preclude the exercise of:my right or remedy.
<br /> ,,�'"':-._._ . �
<br /> .�';;_`„.'_ ��;'��.; 12. Succe�.sors and Asslgns Dound;3oint and Severul Liability;Co-signers. 'fhe covenants and ngreemanis of this
<br /> -- .�...,�._
<br /> �-:°��.�Pa�q�R.'`• Security InstNment shall bind and bcnefit the successors and assigns of Lender and Borrower,subject to the provisions of
<br /> '�'.��h�: + �'';, ti paragraph l7.Borrower's covenants and agreements sfiall be joint nn�l several. Any Borrower who co-si�ns this Security
<br /> —'••"`•"���'��: lnstcument but dces not execute the Noie: (a)is co-signing this Securiry Instrument only to mortguge,grant and co�veS that
<br /> ;�,. ,
<br /> R�,:+'tti`�;�;�i`.•r,:�.�� IIorrowcr's intcnest in the Property under the terms of this Security Instrument; (b)is not personally oblibated to pay the sums
<br /> r~',� �' ° �-: •`� � securrd b this Securit Instniment; ancl(c)agnees that Lender and�n other Borrower ma i<*ree to extcnd,modif furbear
<br /> : .�,. . �1 ._ . Y Y Y Y�a Y�
<br /> ��:� i` � or make ��ng-accommodations wi[h re�lyd to the terms of this Security Instrument or the Note without that Dorrower's
<br /> _ ,�-;•�,;;;�.;..,;-,`°*RF�:e.: ., ��ns�t.
<br /> , • :+� ,. , - 1�. Loan ��i�,r�;�es. If die loan secured by this Security Instrument is subject to u law which seu maximum luan
<br /> ���r'r:�.�:•;'. •� ' chazges.and that la�v is 9"inully interpreted so that the inteeest or other Ioan charges coltected or to be coll�cted in conneetion —
<br /> ,�•�.;;��,%!.'.'' • � �� with the loan axceed the permitted limits,then: (a)arry such loan r,harge shall be reduced by the amount necessary to reduce _
<br /> ' ���•. the chsuge to the pertnitted limit:and(b)any sums alrea3y colleeted from Borrowcr which exeeeded permitted limits will be
<br /> ,. �:. •�•:`<:;.��r;;i„r,.;:. _
<br /> �.,, . �._,,..�,-, refunded to Borrower. Lender may choose ta muke this refund by reducing the principal owed under the Note or by making�
<br /> `.,;�.�.,�.;�., '• '�r�;'�t`�" direct payment to Borrower. If a refund reduces principal,the reduct�on will be treated ns a partial prepayment without nny
<br /> •��;;;;`,�'•��'.-�,,.�.;'�,.: prepaymcnt chargc undcr the Note.
<br /> ��'�`' 14. Notices. An notice to Barro�ver rovided for in this Securit Instrument shatl be iven b deliverin it or b
<br /> ,:.;,��-..�: . , . • Y P Y B Y E Y
<br />�-.:�t�K,, �,�_���,.. •, mailing it by first class mail unless applicable law requires usc of anothcr mctliod.The noticc shall be dirccted to the Property �
<br /> T,,;,,,., ,,.. Address or any other address Borrower designates by notice to Lendec Any notice to Lender shall be given by first class
<br /> � •� . ;,;� . mail to I.endert address stated herein or any other addresr Lendcr designates by notice to Borrowcr. A�y notice provided for
<br /> � k:`:;,�• •- in this Securiry Instrument shall he deemed to havc bcen given to Borrowcr or Lendcr wlicn givcn as provided in this _""
<br /> J�,y.';�'.,:.'..:,:;�;'�' , paragraph. r�;.<.-
<br /> r�;;;,�,�,,. ,..:_.,,.. IS. Governing ILaw; Severability. This Security [nstrumcrn shall be govemed by fedeml law mid the law of the :�r'�
<br /> ,,;,,..,,t.,,-..,,.•.. " jurisdiction in�vhich the Proper.y is located. In the event that any provision or dause of this Security Instmment or the Note �.
<br /> ' � �:� ' conflir.ts with applicable law,such conflict shall not affect other provisians of'this Securiry Insaument or tfie Note which can �
<br /> _ - , '' be�iven effect without the conflicting provision. To this ertd thc provisions af this Security Instrument and the Note are �`
<br /> `� � ' declau�ed to be severable. ��
<br /> ��y . 16. Borrower's Copy. Burrower shall be given one confortned copy of the Note and of this Security Instn�ment. n�_"'.;="�
<br /> �'� 17. '[Yansfer of ihe Property or a Beneficlal Interest in Borrower. If s�ll or any part uf thc Propeny or any interest in ��'=
<br /> '� � � it is sold or tr:u�sferrrd(or if a beneficial intcrest in Borrower is sold or trnnsferred and Borro�vcr is not a natural person) �
<br /> T!
<br /> i •
<br /> � �i • without L.ender's prior written consent, Lcnder may,at its option,require immcdiate paymcnt in full of all sums sewred by �-
<br /> � , this Security Instrument. Howevcr, this option shaU not be excrcisccl by Lcndcr if cxcrcisc is prohibited by fedcral law as of
<br />°`- thc datc of this Security lnstrumcnt.
<br /> -=-"�� � If Lender exercises this option.Lender shall gi��e Borrower notice of acceleration. The noticc shall provide a period of
<br /> "`�� not less th;in 30 days from the date the notice is delivemd or mailed within which Borrower must pay all tiums 5ecured by this
<br /> _#:.��''
<br />-_z ' Sccurity Instrumcnt. If Borrowcr fails to pay these sums prior to cbe cxpiration of this period, Lender may invo!ce any
<br />-� j , rcmedies permitted by this Sccurity Instrument without funher noticc or demand on Borrowcr.
<br /> � ,, 1(i. florrowcr's Right to Reinstate. If Borrowtr mcets ccrtain conditions, Borrower shall have thc right to have '
<br /> " enfor�cement of this Security[nstrument discontinuc:d at any time prior to the enrlier of: (n)5 days(or such other period as
<br /> ; Singlc Family•-FunM�MadE�lyddic Mnc UNIFORM1f INSTRCMENT•-Uniforni Cuvenams Sl40 Ipage 4 nJ6 p��grsl
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