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g5=== 004907 85 "'TO5239 <br />;:le Properr, Is aban,!oned h% t-;, ,,see. Cl- if, after notice by Lender to Borrower that the condemnor offers to <br />make an sward or Bettie a ctann for damn ^c' ;. 13orre,gcr fails to respond to Lender within 30 days after the date the notice is <br />given. !_ender is Mthorized to collect and apply the proceeds, at its option, either to restoration or repair of the Property or <br />to the sums secured by this Security Instrument, whether or not then due. <br />Unless Lender and Borrower otherwise agree in writing, any application of proceeds to principal shall not extend or <br />postpone the due date of the monthly payments referred to in paragraphs 1 and 2 or change the amount of such payments. <br />10, Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for payment or <br />modification of amorlizanon of the sums secured by this Security Instrument granted by Lender to any successor in <br />interest of Borrower shall no! operate to release the liability of the original Borrower or Borrower's successors in interest. <br />Lender shall not be required if) commence proceedings against any successor in interest or refuse to extend time for <br />payment or otherwise modify amortization of the sums secured by this Security Instrument by reason of any demand made <br />by the original B :rrnw'er or Borrower's successors in interest. Any forbe: i::rce by Lender in exercising any right or remedy <br />Shall not 1%a ,gaiter of or preclude the exercise of any righi or remedy. <br />11. Successors and :iossigns Bound; Joint and Several Liability: f'o- signers. The covenants and agreements of <br />this Securtt,, Instrument ,hail bind _toot benefit the successors and assll,ns of l- ender and Borrower, subject to the provisions <br />of paragraph I -. Borrower's cnvenants and agreements shail be joint and several. Any Borrower who co -signs this Security <br />Instrument hilt ! :)c< not execute the Note: (a) is co- signing this Security Instrument only to mortgage, grant and convey <br />that Borrower's :mere. <,t in the Property under the terms of this Security Instrument; (b) is not personally obligated to pay <br />the sums secured �,y this Securil -; Instrument: and (c) agrees that Lender and any other Borrower may agree to extend, <br />modify, forbear or male any accomnaodacions with regard to the terms ci this Security Instrument or the Note without <br />that Borrower'�consen.r. <br />12. Loan !,parties. if The loan secured h,; this Security Instrument is ,uhiect to a law which sets maximum loan <br />charges, and that ln,y s hnail% lnterp.reteci so that the interest cr ether !oan charges collected or to be collected in <br />connection •.with the ioan exu:ed the permitted limits, then- ia) any such !van :harge shall be reduced by the amount <br />necessary w reduce the charge to the permitted hunt: and (n', any sun ;.s aireadv collected front Borrower which exceeded <br />permitted limits will be refunded !c Borrower Lender may ,hoo,e n) make this refund by reducing the principal owed <br />under the dote or by making a direct payment io Borrower. If a refun,i reduces principal, the reduction will be created as a <br />partial prepayment without arty prepayment charge under the `ote. <br />13. Legislation ,tifectine Gender's Rights. If enactment rir exptr3nnn of applicable laws has the effect of <br />renderute ant post _I he �­ rt- ,hl, S_cur:;v ir.strumeru inert: r._..1.,._ tccrr ring r„ Its terms. Lender. at itsoption, <br />ma% require• :mrnc: late tail _n ,, ?f lil secured by this instrument and may invoke any remedies <br />perrnrtted by paraiz-airh I •t r 1_ r,,:.. :ses rho ,lprton. !_ender shall tai e •he ,tens specified In the second paragraph of <br />paraizrap :^. ! - <br />1S. tiotic; s. fin'. v =. ;• I'< -. „•v• Idoll gin, in rigs Se iuz fires ':hall he given be delivering it or by <br />rrta.., Is,: It ..., _ .. .,..,. a. ..t�: notice ,hail ne directed to the <br />Pripet,.. �,. :r :., !;stir v... 1.:,;_ 1..: '; y note•• I :Iocr to Leriaer snail be given by <br />r,r :!ns• . ,,..: ! . ,..: .u..::. :a! ;i t,cr In • r ant, other addreiv, L: :.0 1 n:ae,'„ rn %rice to Borrower Any notice <br />: th. �_ ,.,.; ua- ,. ,tali i.�rned t,. tla'•e I,cen _I. B,„ ",cr :r I ender when inven as provided <br />i_. Gnverninp i aver e,ur. !r. :r ,. _. ^•d t' federal Law and the law of the <br />rr;, ,ctrt t :: '•� :I . 1 , ^:r,, T ' lire..: ". :1; 1C.I 1!. ;;,c _ ,.r It, iI .an', nrusl ll:n ,r ,; , <r 'f IhtS securi ty instrument or the <br />\ute ::!Lr',I,. .v't r:.' -I. !.� : nt' .. Kali out atFcc, sillier i,ion, (:'tt, Security Instrument ar the Note <br />'xhlrh ctrl !^e _... :r A'lll,'ur'1•r :.,miler r ;_ ;uI ••Ishii; T:, i_i1, end 'r,. ,I.'nr,, of thl Secuntc In,tnirnent and the <br />Instrument <br />I ". �hrnn5fe- ,it ibc I'rnperte nr a ii':neticlal Interest in Borr'>wcr ti'. ,art .,t -tic Property or uric <br />• .. , _.. ,. .I ;,Icrl,r „ Ill, rr `uI , ... ,.. -, ...,., [31'? .•we! ls a<",I :a natural <br />n,c' : :. ]_alder Ina'-, Al lI- .. u';IIS: ^at meat Ir I ill ,If ail Burns <br />!'rstr.lrrc,lr !finer',, r.:hl, A _xcr:I,c• ; „iunucd by <br />ederai law I, nc !rile. 1 .., 1,•.. :'!`. 1 ,,lf belie•.. <br />L 1. It_.. ., r... _ „It, 1 . ,islet n::,! _ Hl r ,., I i!,:.. ;i..:1 :,1 ,.I ;iC a period <br />:1` es ,h: •l :i'. .r'•r.l ,: c ;.n.• ",•• •; "n.. ; ;!.ail' .ea :.r •11.:1. i I...•,. :. I?,.�r :,,e :r Mfl I r s!. Ili,it r c'cured by <br />,rill .ce'_lr['. I: I' .. .. t {,I '.•µ c.. .il ;, t j`.a'. .'t :,_ .lt:.:, pl',I'.r :. r.. ..,.. I :7; , ,.,Id, L...t. ;f 'll :. :, 111Wke All" <br />',,Itt1i'lll1:rihrr.t 1._ ir•'.ln.; :1llr,rl„rr <br />IR. Bnrrnwer', Right rn Reuntate, .(Nrr- :.twee ;mre•� _..,, :� ;, .. n..., I n•.. .. . '.,•.:r ,!t.r:i Itat:• t.•, r to ha,.: <br />1111 :, _erne•u - I hl �_.., III„ '.., I- . ,;r„ „ ..surd .:; rill, Ire . :r!. .. ` ,3.iy, Ii,r -itch nccr perud e, <br />ap i.,:ahle nu, t •...!t ! e(I.r, .aic '.I th,. f' ,tier: ,', •u..i. w ow., It ,ale ,•rltalncd in tht, <br />�!..i .,. I,'• ...,.. :f ,:L.n1 ;Lf + :IliOfr � 'ill, �,, ll t•',! , .,C ,r, < :,' :I,n`, tr... ,il.l[ fl,I r!i?w r:! <br />(a) i',y• I_. ,1,r .. n.,d he . ;ur 111141:! ;hl,, <•.0 :: .. 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Lender shall give notice to Bnrrow,:r prior to acceleration follnwlnq Borrower's <br />breach of any covenant or iiLti•entcnt in this Security Instrument thut not pion- to acceleration under paragraphs 13 and 1" <br />unless applicable law provides otherwise). i "he notice shall specify: Ia! the default; Ih) the action required to cure the <br />default; (e:) a date not lest, titan in days from the date the notice Is given in Horrowa r hg which the default must he cured; <br />and £d) that failure to err,• the def odf to or before the date specified in the notice ntay reutit in acceleration 4 the sums <br />h <br />L <br />securt:d by this `seeunty insrninx• rot :end .ule ,f the Prnperty, the nutlet• ,hail ru rt lire infram Borrower of the right ill <br />fe'inStah' after :[C.<I li r71'.H +n .I rill flit rivlat ter )aeon,, a Court alit 11111 to 19SSe'et fha a n rtlStell l',' Ili :I defanlr :Ir :Irll other <br />jj a <br />F ' <br />defarnse Ilf 1lnrrn w, - lU /:'C 1 ;1PratII III arni Sale. If the Ilefault Is not eurvil on •n heloic Oie date spel lflcd irl Ihe' nollce, I clolut <br />at its optical may require imrnedl ;te roasinent Ili toil Ili all ;urn, secured !n tins 'icrunly tnstrununt .%irhuol tnr[her <br />tDi <br />demand :and rntav oiv,rl,e• Itic fm*, -r n£ Si41rr and any ropier remedies permlfte d h% .tppticallle Lnv. 1 cod 'r ,11.111 he L nntled ill <br />collect all es Ili- oses ttic 11 rot r-d 111 purs Ill fig the• reuaedte, ornvnled ,n this p :i1;191 :11)h Io, uaci not 111g, hot ! ;,I lunited lit. <br />reasonahie of ^Ilrna' :'.' f,vvv. :Ira,! ;.stn n£ litla" I•vulrnrc <br />it L. .�.•1 ..I ,•,1,., •'d, 1u,UI .,,ll r,1,n,1 .e fI,•t111 . ., :,I�il n .,, . a r, ,.11,4 nt •. .r +,1 t!tc <br />I.11'tl: <br />t�Yrypyr,y .� I. , r.t I, •, .'1l. :t?.,)I . t)9, ", "., - .111 -tf �IIIt tI e :11 Ill! ;It:11I 11 ;1 I �.l' „<'.t ',1 j"l,i. 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