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<br /> _. �_,.,_� - . . Tr: . . . . � -_-
<br /> _ '. . . ..::-9 ...:_.�.:� . ._ - _
<br /> . . _' ' _' _ � � _ ' ` . _ . _ '
<br /> . . ` . :. _; -,�n�_ � . . : . .'_' . . . _ _
<br /> _ - � . , - _ ��.� _ .. � � . - � --
<br /> - -- .- , - .. _ __�: _ _ _ , . . .. . . .r.--� -^_ _ _
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<br /> -_.�__ _ - , � , - _ ; .: g2.= 1U1485.
<br /> . �
<br /> � _ cundemnatian or ott�er talcing.of ai�g.pau of the Ptvperty.a for coaveyance in�ieu of caxk�hnation.a�r lx�eby asy�ed and
<br /> shali be paid to Lender. -
<br /> . ta tAe event of a tot51 taking-of the Praperry.thc,P�oceed�ahal! be a�tied to tite s�tms sccured by,this Security
<br /> (nshv�en4 whether or nat then due�Kith any excess Ix�d to Borrower. In the event of a paitia[takieg of the PropeRy in: .
<br /> wh'tdt che fais m�rket valu+e of the P�openy immediatety before the taking ic equal ta or Sreater thsa the amount of the tiums
<br /> secured by this Secvrity[nswment immediately 6efocc tt►e taYing•unless Bomnwer and.Lender c�henuisc agree in writing.
<br /> the sums secu�ed by.this Security Insirument sht►Ilt be reducrd by the amount of�he proceeds multiplied by the fallowiag .
<br /> - . fraction: (a)ti�e twal amount of the sams secured'mun�atety hefure the taicing,divided tty(b)the fair m�icet vahee of the � � �
<br /> PropertY immed'�e[y before tAe t�icing,. Any,¢alance sha11 be pai�!to Barrower_ In the evcnt of a pa�tial mking of tf�e .
<br /> pcupe�ty in which tt�e fair market value oi the Pcopec[y immediately before the u��rtg is tess than the am�wnt of th4 sums =
<br /> secured immediately before ttie taking.untess Bormwrer and.Lender othe�wue a�e in writing or unless appiica6le�,In+�+
<br /> - otheswise provides,the procceds shalt be apptied ta the sums secuced 6y this S�arity lnstrufr�ent whether or nat ltt�sums.ase
<br /> t6en due.
<br />' (f the pcopecty is a6andoned by�orrower.or if,after aouce by Lcnder to Barmwer tfiat the�ondem�r offers to make
<br /> aq award nr settle a claim for dam�ges.Barrower fails to respond to Lender xzthin 3Q days after the date die notire is given. --
<br /> Lender is authorized to collect and aPpIY the pmceeds.at its option,eitfier to mstorstion or repair of the Property or to ihe '
<br /> sums secured 6y this Secusity.{n�lrumen�.w�leetUer ar not then due. . � - --- --
<br /> unt�Leedcr and�a�rower othenvise agree in writing.any application of pTnceeds to pr�ipat shaEl norextend or
<br /> _ pos�tpone the.dt+�e.date of the monthtY paYments tefeired to in Paragiaphs I and 2 or c - : the amotnri,of such pa}iments. _ -
<br /> � ll. Borrovr�' Not Released+ Forbearaace BS I.ender Nat ��1�i'tiver. E�cec:o�t��time for payment or �--
<br /> modificatian af atnortir•rtion af the sums secured by this Security lct.ar�rr�a.t grantc�ct.ii�:.Leinder�:�sy�uccessor in interest � _
<br /> . of Bonower sTiail na operate to[eiease the liabitiiy of the orig'm4t�Br;cii;u er oa�Eei�wer3_se�'3ors in interes�Lcader �,._::�_.
<br /> shall not be reqaired to commence proceedings againstz�;y s.��.�:•iaie�e+7:�r�vse te extehd time far{r�ymeat or =- __ _
<br /> _ �othenvise modify amaniaatian of the sums secured by�s Secc.ncw:�su�,.�r.�t by�of any demand made by.th�.origin�l: _� __
<br /> �,-
<br /> $orrower or.Homower's•successors in inten�t Any fat.�'xnce b�l'�'.�c's�€x��mg�y nght or remedy shaTl not be a __ _ _
<br /> " waiver of arpz.+eclude the exercise of any�.6�ar•remedy. , � ~ •� • �
<br /> � - 1Z. Successors aad Assigns Bound:'�O+nt and Several LiabTd�,�rs. The cavenants and agreemen[s of this ,
<br /> � Security Instrument shaA bind and berte�ct tfte successors and assigis o`i�idei°.a,nd Bacrawer,subject to the provisions of �z�"__
<br /> � {�aragaptt 17.Bomowec's.covenanGS atld a�2emenGs sball be joint acrst s�v2rai.A�c�tdarrower who`eo-signs this SeCUrity � �f�,?;�;"_
<br />�� ` iasuument liut daes not eaecute the Note: (a)�.s co-signing this Secur'sty instrumerit a�ify to martgage.grant and convey ti�at =: � -. -
<br /> `•,�_ .._:`,:
<br /> Borrawec's inte�t in the Property under the'tertns of this Security Ittstrament: (b)is nut personally obliguted to pay the sums , , _
<br /> � � �� i Secured 6y shi�Securiry tastrument;and!c)agrees tha[Lender and ar�cr,�er Bormwer may agcee to extend,modify,forhear � . _;`:;_
<br /> tra
<br /> ���_::..' •:•� or make a�y accommodations with regarc9 to the terms of this S�t� fatitrument or the Note..without that Bartower's ;�,:_�,,r„ __
<br /> '_';. . • r�sent.<: � -:: ,- --,.=-
<br /> ' � , �, L4an Chuges. If the toan secured by this 5�.curity 'fs�s'cniment is subject to a law which sets max%�num loan = :_. r;_,�;':__-
<br /> ...'F_4..:" -
<br /> . �zEarg�s.and ih.at law is finally interpreted so that the iat�t�i ar ather loan charges caltec[ed ar ta be coltected in connection .�.��;��•,;!'
<br /> _� , with the toart e�cceed the permitted limits.then: (a)any su�toan Fhar�e s ha l l b e r e du c e d by t he a maunt neces s a�}:s�reduce �.:�• ._•_
<br /> - the charge to��ertnitted limit;and(b1 a�•sums atready co{['�ete�frar:�Bormwer which eaceeded pemtitt�.►.li:,..scs will be . '�%#��,i;'�:._
<br /> � •:_X'`���'"=�M,' refunded co Basrawer. Lender may choase ta make this r2f�rd bt rrd;:r'�^a the principal awed under ch:hat�o'r bymaking a .�•:. , _
<br /> ��'"�r�;::,. •Airect paymept to Borrower: �f a refund reduces princip�_the r�ucci�a�xilf be tmated as a partial�:,e�a�,'�*-`e�without any ,-. _. _-
<br /> ``�,,,:_.-s'°` , ,�.;- :�
<br /> _:��.,� ;,. . esrepayment charge under th_:tote. '''-''
<br /> . ,��" t:-,'': ' 14. Notices. Any notice to Botrawer provided for in th"ss 5e:curit Instrument sbaA be ivers by.del_iru�Y it ar b ',��;;}'.'
<br /> ..L;.,.,,.: � Y S Y ,•.,:,•,;�...;,. ����
<br /> �• °"#`" mailing it by Grst elacs mail ualess appficable law reKuires use of another method.The rratice+hall be d'sracted ta ihe Pr�peny . __,_
<br /> ,e`=�'�x!.-.'': � Address or a�ather address Borrower de�ignateti by notice ta I.ertcfet. Any notice to Lender sha(G be given by first class �:,�',
<br /> x'�=��'��'� ` ��� mail to l.ender's addmss stated hecein or any ather address Lender de�«�ares by notice ta Borrower. ,�r.y notice provided for . _
<br /> ;� �.;,��:--��
<br /> -- 'r,?�„���'. '� i:e this 5ecurity tnstrument shAll hc deemed tu have been given ta B�arrower ar Lender when�4i*.as gcovided in this ,` �:?�
<br /> } ��I .,.��'*'-i`?'• , F`araSraph. -!�
<br /> w� t5. Governing Law; Se�era6ility. Thix 5ecurity tn.r•trument+hall be govemed by fcderal law and the�fa�!af the _
<br /> . ,�`;
<br /> ."-` �,�"Y!''_", L jurisdiction.in which the Property is lacated. In the event th�t any pro�ision ar clauye of this Seruritv tnstru�rnt or the Note
<br /> :•-f::� ..•�.. .
<br /> - • •,`��•: eonfliets witr.�pplieabte law,such canflict shall nat affect ather proti•i��anx of thiy 5ecurity In+trunx�c or the tiote which can ,
<br /> ` ::'� `" ' � ��"� t�e given effccC without the canflicting pruvi+ion. To thi�end the prc�visiuns o1'thi�5ecurity lacuumem anc!the Note are .
<br /> . �.';.:;, '° � :: .�• declared to be severabte. � ::
<br /> r ry<•:... • .'. . •
<br /> -�''-;_ .':�� l�. Borrowe�'.g Cop}. 8orrower.rhall he given one cunfurrneJ copy of the Nate and Uf thiti 5ecurity In�tnsment. ,_.
<br /> , �:�;-"��'Y '= � �,�, , 17. Transfer o�1he Ploperty�a Reneficial lnterest ia Borraa•er. lf all or xiy part of the Property orany intcrost in -..�,__
<br /> �>n.:,. .,
<br /> *��:�s •��. i1 iw sold ar transferred(or if a beneficiai intere�t in Sarrower i�+��Id ar tranrferred and Harro�er s.v not a n�tur.�l penon) ; ::�:_
<br /> � �.--�--=-<-•: �' without Lead�r's prior wduen cc�nzent.I.endcr may.at it��ption,reyuire immediate payment in fc:c of all sums securcd by �;
<br /> -. ���- , •.:;��
<br /> - this Secnra}�tnstrument. Howevcr.Ihi.r c�ption sha11 nu�ix:cxerci�ccl�ti l.cndcr if excrri�e iti Fr��ciCsiaed by tederal luw as of �' .
<br /> .. �� �.�` � ��`.,,:. ' ihe date of this Security In�trumrnl. .
<br /> �.�-_� .
<br /> , - If Lerider exerci+ec lhiti nptian.Lend�7�hall give$c�cro��•cr nuticc uf acceleratiun. The notice�hall pravide a period oi �:::�� ::: `
<br /> � rat te�than 30 dayti fram the date the notire i�dcli�rr�d or mailed within�vhich 8��rrower mutit pay all tium.recured by this �
<br /> • Security fr,uument. It Barrawcr failti tn pay thesr �umti prior te�ttn expiration uf thi+ periaf,l.cndcr �nay im�+�kc any c•
<br />• remedies pe�itted by this 5ecurily In.truntent withuut fureher nc�tice cr 4emand un Borr�n�•rr. t_
<br /> ' IS. Borrower's Ri�ht tu Relnctate. IP Himu��er mectti ccaaitt c��ndition�. Buno�cer�hall hace thr right ta have ( ;
<br /> '. � enCoreement of thi.r Securiry Instrument di�continurd at a:�y timc prior to the carlirr of: I:u 5 day,tor�uch rnher ixriexf a� (
<br /> r .
<br /> tiingtcF:�m�ly-•Fsmnkltac:Frrddir�fxC�IfUR�/1�ti7N1'�1f.�T•�t'ndann('a�rn,ml. 9,'90 �p�rtr�n(np;rcru { ' '
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