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<br /> _�- _¢�; . �ian ax other ta'�ng of uAy part af t�e Pm�tty.or for conveyau�ia li�u of c�1O 'on."are h�e�y assigi�cd aad . � .
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<br /> -�'��I sh�El t�e ga�d to T�endsr. � � ' .� ' . � . —
<br /> - -- 1 � Yn the ev�at uf�x tarat`tatsic�nf the Praperty,the prar.eeds sh�Il 6s eg�lied to t�suaas a�c�re3 hy this 3ecuity .
<br />- �-.,��I Instru�e�t+whaher a�aut t3t.n�e.wit�any exce�gaid t�8orruwer. In the eveat of a pariial taking of t�e Pangetty in � �
<br /> _ Y.�� wbish s�fair mar@cet vatue of t�a Property isat�ediateIy�nefo�e t�fe saYing�is equal to or grcater t�aan�he ambuai of the su� .
<br /> y.-` SCCL1ICd,�Sjl tiliS$CCt1T11�1 inctrtrm�nt immc�rliataj�j�f07B tflC[2�i1i1�' llIItCS�$4lCOSSOl.IIII4��.CIIl�2t Ot$?•3Z1'L��$TC��[II tVt1AU�� ' -
<br /> fi�����: � . , th�swns secured 6g this Secnrity IasTrumeat shall be reduced�y tiie amouat of ths praceeds m�fapLed by the foIIowiai�� ,
<br /> ._� F. _ f{�action. (a)the totai ainouni of she's-ums.s�c�d imm ��r iy 6efose the�,divided by N).the�aca.-ket value of t3�e
<br /> 4 :�r z< � .Pc�OF°rtY unme�iately h:fore ttte taking. Any batance sha11 be paid ta�oao4�er._In the evemt.o�a p�i ta�ng of tL� • _. .
<br /> P�aperty ia wlric8`t�e fair m�et va2ue of the Progerty�mea"iuteiy bzfo�e the•��is Iess,Q�the a�ount of 3fite s�isns -- -.
<br /> _` , "` '� secuted immnediateiy Befuze tke taking,unless Barmwer and Lestder o�Iterarise.agcas in writitag or untess appli�atf2e taiv . . .
<br /> ` �_��'�' . otherwis�Pravides.th�pro�eds shalD ba a�splied to the smns secuae�6y 2his S2ciuiry Insttumea�t whe�er or nat the sums a�
<br /> '�'��,a; . tizend�e. . .
<br />-...::�,����' If the Fropsrty is a6andoned try Bcnrower,or if,aft..°r aodce by Lendgr to Horiower ifiat tiie cottdemnos offers to matce .
<br /> '�' �"`"` -� an award oz seuIe q ctaim for es.Banower fa�s to res nd to Leader aethin 3�da s aRer the date the notic�'is v�,
<br />-"°��1�.:•�.:-, dam� 1� Y F�:
<br />`��_��;�?�. �''�: � Lender.is autflori�d to colIect and i the at iCS tion,eiiher to resroiztion ar air af the Pro or to rhe
<br /> ��: sums secared 6y this Sec�irit�inso�ent,wheth�no't thea d eu . .• � � � ,
<br />�„��, -'';,,�'� . Unless l:ender and Harrower otheivv�ise agiee in writing,any agplication of pmceetLs to gimcfipal shall nbt extend�cr ` —
<br /> , ,',�-�-`� postpone the due date of the monthty payraents referred to in paragraghs 1 and 2 aich�the sACOtmE af sucb payments: • � .
<br /> ,:�,��- 11. Horraw�Nat.Reteased; For6earaaoe By Lender Not � Waives ExtensiaA o€ thrz tia�e for paqzaent ar
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<br /> --�-: ,�.�,�E madifcaz'snn af amoitizatiun of the sums secared by this Secuiity.Instmm�nt granted by Leader[o aay successor�it�tst
<br /> �'-�-�<� of Boimwer shall not operdte to release the tiab�iry of the original Bosmaer vr Bosrower's siiccessors in intenest Lcudea '
<br /> Y"�'�� � shall�not 6e required ta eommense pmceedings against an}i suceessor in inteies7 os cefiue to e3�tead time for pay�tent or �
<br /> �; `� '' �` • ' otherwis�modify amorti7ation of the sivas secured by this S�curity Tnstrument 6y reason of any demand made 6y ttfe ariginat -
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<br /> Batsower or Borme�rer's�ccessais in inteiesl. Aay fort�eaiattce by Lznder_in exet�cising any'ri,ght as remedy shaII nat 6e a `
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<br /> � • waivasa€or piecinde the exen�se of atry r�ght or:ecnedy.
<br /> �'���"•'��;'�. � � 12. �u�ors and Assigas Bouud;dnfnt and Severaf Llabfitty;�Co-stguw�s. The caveaaats and agreements of this
<br /> Security Instrument shatl bind and 6eiiefit the suocessots and assigns of Lender aad Borrower�suDject to!he gravisions of . ,'
<br /> - ��: �°°�'� � , pamgtaph 17.Bomawer�s covenants and agreements shall be joint and severa}. Any Borcower �vho co�slgns this'Secwity
<br /> '�:,'.;:;;;�,. ;� � Instrucnent but does aoi execute the Note: (a)is co-signing tdis Security Instmment only to mortgage,geant and�nv�y thaE
<br /> - - - - _. ! Eaaower's inie�est an t;he�Property ouder the temu of this Securiry tnsuumen� (b)is nnt petsaaally ntiligai�d to pay tfleswns
<br /> ' "°' r secu�d by this Security Insm�ment;and(c)agrees that I.eader and any other Ba�sower map agn�.to extead,modify,for6ear
<br /> , or make any accwmmadations with reg�M to the teans of this Sec�uity Inswment or the Note without that 8arrower�s �" ----
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<br /> " ' ^�` ��� ' 13 I.uan Cha�es. If the loan secrued by this�racvriry Instrument is subject to a law which sets maaimam toan
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<br />� ;.. ,;�'x��1:; �� ''' ,� charg�;s.ad that law is fmally interpreted so that the�cr,other toan charges coflected or to be eollected in carnec6on
<br /> _,�.:.,,`i�y�•<< � with��IYaan exceed the permitted limits,then: (a)an}�i t�charge shall be reduced by the amount necessary to c�educe .
<br /> �, 14-p: r... � , the ctiarge to the pemutted limifi and(bj any sums.z'..��;�:r!'tected fram Bomawor which exceeded gemuue.d limits will be
<br /> �`� '` refunded w Borrowe� Y.ender ma choose to m�Z:�s ie�Fund b reducin the nci al owed under the tiote or b maldn a ��` —
<br /> ''"�1�" � . • direct Qayment w Bi��-awer. If a refund reduces pr�cipal,the my.ducdon Kn'L'l��d as a pami�l�yment v nthwt ai�y
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<br /> ; � ��, pr�payment charge under the Note.
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<br />`�� ;:;t,s�f�;,�e�,. . 14. 1Vot�cx.v. Any norice to Bormwer pmvided for in this Secutiiy Insdvmen4 shz'�6e given by delivering it or by �
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<br /> ,.,:,��h�;;,� mailing it by first class mail untess applicable!aw requires use of another met�od.7he notic�shall be directed to the Pmperty , �
<br /> _ � •� Address or any othex�ddress Borrower designates by notice to Lender. Any notice to L.ender shalt be given by fast ctass
<br />- :� .'��i�'= mail to Lender's ad�r�}s stated herein or any other address Lender designates by noace tn Bormwer.Any rcotice provided for _____._
<br />-1± : � ' in dus Security in5�-nent shrilI be deemed to have been given to Boirower or Lender w6en given as provided in this
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<br /> '3;�-;.,,`���, 3L�. �overnirtg Y.aw;Seveaa�illty. '14�is Security Instrument shall be govemed by federal law and the law of the =__
<br /> _ - ��-'�� jurisG��n in which t�s PropeFty is lacated. in the event that any provision or clause of this Secwity Inshument or the Note
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<br /> ��b.� • conflicts with applic�!bTee law.snch conflict shall aot affect other provisions of thisSecurity Instnrment�orthe Note which c�n
<br /> "'°"'�"='�="`= be glven effect witY.�:che wnflicting provision. 1b this end the provisions of this Securiry Instrument and the Note are m'="--
<br /> -_. '�`r� declaredtabeseverabte. � - --
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<br /> .. � ' 16. Borrower's Copy. Borrc�er shall be given one wnformed copy of the T'ote and of this Security Insuumeni. ��'�;�
<br /> • , " ' . Il3, 'IFansfer oYthe Peopec¢�y os a BenelZcial Interest in Borrower. If all or arry gut of the Propecty or any interest in •�`.'':,,,
<br />_ ' . it is sotd or transferted(or if a C�,c'acial interest in Borrower ts sold or transferred and Borrower is rtot a natural petson) • � ±�'
<br /> without Lender's prior written co.,✓:r.Lender may,at its option,require immediate payment in full of all sums secured by ''
<br /> • • � this Secwity Insdumen� Howe�•�L'�is option��`�z�l not be exercised by L.ender if exercise is proln'bited by federal law as of � � '_
<br /> " � the dat�of this Secwity Instnun�t. •
<br /> .'� . If firmder exetcises this op�:ra 3.ender shall give Borrow•�*notice of accetendon. 'H�:notice shall providc a peri�d of � :
<br /> � -., not less tf.an 30 days fram the date the notice is delivered or r.::red within which Borroa•es must pay all sums secured Es;;c:�is ' .
<br /> °''�' ` Security Insmitc�. 1f Borrower fails to pay these sums prior to the expiretion of e'�:�period.Lender may invoth_d;,,�y '
<br /> ' . ; l , remedies permitted�y this Security lnstrument without furthernotice or derr.�..-3 on Borrower.
<br />- . ' � 18. Borrawe7'�Rtght to Retnstate: If Borrower meets certain ca:��itions. Borrower shall have the right t�t;ave • _ -
<br /> °.-, �•� ( enforcement of this Security InsUument discontinued at any time prior to the earlier of: (a)5 days(or such other�er:od as
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