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<br /> .'�._ �.�:�.��::3� �_ , . . ._ �;�.- ���-��� .
<br /> �����er be roquitnd.�tl�optioe ot i.s,edet.if moct�e�ai���tin the�maa�t�d foc the period � ,,
<br /> 1tis ire�der roquiea)Pc�►ide�bY���°d���°beonmes sva�lable�is u6tained.Hoa�s6ai1��7►
<br /> �P��P��eaidain a�t�qt inw�in eEfact.or to pmi►ide i loss rrsecv�.uotii t6e ra�aimneat for mortp�e' .
<br /> �IN1711�t COds�1!�O�t�C���Y MIluQ����BOi1�K�1d I.d1dC[O!�iCif1TG IiM.
<br /> �.I.ttld![0!�LS��Y�C��C lt1tRC9:-UPOt1�1����•I.C�Ct SI1iI1 aIYC
<br /> �• (�pp�1�C C�S!f0��1C II�C[1011. �:
<br /> BpRpwf�t�Olkf.'��.'t1Q1C Q�4f p[10F10 itl���� .M ODQ11�I0�MRt�iR�► '
<br /> l�.Cri�•'f'1�t:P�of any awud ar daim for da�mgcs.direct os�a1 ��
<br /> �de�ado�t a dher aidng of aay put af tt�e Pc'aptnY•or for conveyaa�oe in lieu of coede�tion.ac�e hctebY s�si�aod and
<br /> sta116e p�id ta i+endec.
<br /> [n tt�e eva�t of a wtal talan8 of dr Fro�pertY,the pmcads sbali be s+�pptud m t6e sums sceac�d bY tWs 5�'i�,�� - -
<br /> whetl�or mt tlrnt dne.�vitb any cx�paid to Bocm�va_In t�evrnt of a putiat ta�n8 of the PropeKy�
<br /> maricet value ut the Pt�4nY,immediately 6efore the tald�g is equal to or grr�ter tl�aa the amount of tbe su�ms sewred 6y tbis
<br /> Socarity I�tcum�ent i�Y�eface d�e takin8,untes4�Horrawa�nd t.ender ot6e:wise agree m v�riwg.tl�e su�s socnrod by
<br /> - dus Secuciry I�mcnt�shali 6e teduoed D3►the amoanc of the pmaods ur�Itiplied 6y tbe following fraction:.{a)tbe wnl
<br /> suauunt af tba sarag�secetrod imnaedi�telY betae the taltitng.divided bJ►(b)the fair maricet v�luc of the P�aperiY imnr�i�ehr
<br /> 6efo�t6e•takiag.;�Mr•batance shail be paid w Bomnrver. In the event af a partiai taking of tBe PrnpatY in which the f�ir
<br /> markdt vaEuc of�tbe PtnpertY immediately 6efo�e tbe taldn8 is less tban the amount of d�e a�as saurcd imir�ediately 6efaro the
<br /> micing:unkcs Borrower aed Is�nder otlien�rise a�e iu wripng or unless appiic�bte btw athenvise Provides,the pt�s s6a1t
<br />- be appliod w the sums secured bi►this SavritY Insm�cn�nt whether or no1 tlse sums a�drra due.
<br />--- If tbe Pmpercy is abandoned 6Y Bortawer.or if.after notice by I.ender to Borrower tbat the aiudsmnor offers to m�an
<br /> - Awa:d or settle a claim for d�ges.8ormwer faits[o cespond to Lender antLin 30 days after ihe date tbe rwaa is giv�a,..;. . .
<br /> _- Lender is atrthotized to coUut and appiy the procroeds,at its option,eiti�er to t+eswratian or t�epair of dr PtopettY or sn tbe s�. _ -
<br /> _.:. seconed by t6is SecuritY Inst�,whether or not deeadne. l�cacion of mcads to pripciPal sdap not e�..�r';���,�
<br /> Ontess l.ender and Batrower othenvise a8ree in writing, anY aPP P ,_- .,:,
<br /> = postpooe the dne date of thse monthly Paymrna nferral to in paragraphs i and 2 ar chaange the ama�s.of such pay�a�ts• ..,
<br /> - 11.Bor�o�rec Not Rekased;F���Not s Wa#ver.Eatension of the tf�e t"es paymenE os modifiaai�;;:;::,:,. .
<br /> of aa�octi�tioa of the sumg securod bY this Seairity Insmuneat gran t e d b y Lender to an y suc.cesserc iiti interest of Bomower st�'�•..�. •,:; --
<br /> red.�a...;�' . , _-
<br />_- mt operate to retease the Iiability of tlie originat Bocrawer or Botrower's suecessoss in int�t._�dec sbaU not be requi .. , �_---
<br />_ ���p�dings a�ainst anY successor in interest or refuse to eatend d�f,ar paymeqt ur•�i.5erwise modifY amorti7aiic� � �
<br /> of the sums sxuccd by this Securiry �� b}` reason of any demand made by tl�ee ori�.ai Borcower or Borrower 5.'.:'� __—
<br /> E: ri t or remedy shall not'tie a waiver of or preclude tfie .: =�
<br /> _ succ�ssors in inurest. Any forhearance by•Y�►der in ezercising any gh. . —
<br /> ,. . . ' �,��•.:
<br />-.�� : � acercise of an}r right or cemedY• ' . '�'he cavenants and agreements of tfr��, _ _
<br />-,' .�; l2. Suaeseors aad A�S Boa�d� yoint swd�e�`�.,�Y+ �• _ --
<br />� Security Insuument shall bind and benetit the.success�rs.a�.as��s of I.ender a.r�t Borrower.subject to tI�Fsnvisions af% �!
<br />�:���� . P�B�Ph 17. Borrower's covenants and ag�ements sr.a�1�x:.���a�several_ �_:� Borrower who co-�SS tlus Sew� `
<br /> �:•,
<br />� �� � -r- Instrument but does not eaocute the Note: (a)is co-sigrting this Sec�����'�?=�y to mort�a;e, graat amd comcY �_
<br /> " ' Be�rrower's interest in the Property under the terms af this Security i�.�-ie�t;t?s►�.�P�°�!�flbli8ated t°pay the s� ��:'
<br /> p�` '.
<br /> �red by this Security lnsuument:and(c)agrees that Lender and any otner Borraw��c..ay agree�d extend•��5'•forbe�r or �.,;,;._
<br /> ::�;���-
<br /> �a1ce arcy accomrnc�dations with regard to the tercns af this Secarity instrument or the�ote without that Borroaer's cansent. r.�,... .
<br /> ',, ;:�r.•�. :.
<br /> • <.:�r,' 33.l.oan Cbaiges.If the loan secured by this Security Instrument is su6ject to a law whicb se's•mauimum toan ct�arges. �,r=:: . :`
<br /> ''`�' and that{aw is finally interpreted so that tf�e interest or other loan c�arges collected or ta be coItected in sonnectian with the • -
<br />- tssan ezceed the permitted limits:then: (at azy_such toan charge shaSl be reduCed by the anwunt necessaty to reducc thc charge {,:;g��. �
<br /> ccr the pem�itted limit:and(it?a�y sums aSready coltecta.t fi'rom Borrawes which eaceeded pe►mitted timits will be refunded to .'�y•.
<br /> • Bcssrower. Lender may ci�-�to malce this refund.�� r.afizcing the ptincipal awed uader the Note or by making a direct -
<br />: ;. •��,� - payment to Borrower. If a refund reduces principa�, h:e reductEdn will be treated as a partial,prepayment withaut any _
<br />._'-�;��;; � • ' •
<br /> ,.,. .:, . prepayment charge under the Note. . . .
<br /> �������"` ��� ", 14.Notkes.Any notice to Borroaer pruvided for in this Securit}tnsttument shal!be givcn by detivering it or by mAifing
<br /> � � .�°.' i2 by Grst class mail unless applicabfe law requlres usc ef anather metfiod.'f'he natice shall be directed io ihe Praperty Address
<br /> . , � '��=' or anY other address Barrower designates.by_notice ta t.ender. Any notice to L.ender shaU be givcn by first class mail to • . '•;.,-
<br /> �, � :a,_.. ,..-.•
<br />• ixn�ler's address�tated herein or uay��er�ctJrex�l.ender dcsignatas by natice ta Borrowcr. Any notice provided far In this :,� W,.,�._
<br /> �%"•`�a: '-� Security Instrument shall be deemed to ha�e been given ta&�rrower ar Lender when givcn as providcd in this parngraph. ' `,,
<br /> �:,<t • � �.�.;;'. _
<br /> •.,;":;:;t::. � 1 5.C o r e e n i� L pw: Severabilt t y. 7'his Sccurity lnstrument �.�a11 be govemcd by federal taw and the Is�w af the ;` ,
<br />- jurisdictton in which the Property is tacAted. fn the e��^t that arry�:�vision ar clausc oi this Security Insttument or the N o t e .
<br />:';;.;:�� . • wnflicts with applicabte law.such conflict shall not..ft`ax other proci«ans��f this Security tnstrument ar�he Note which can bc :`, .,
<br /> �`•�� `•: . ��, . '�. given effect without the conflicting pravisian. Ta this end the pr�y,sicr�s of this Security instrumern and ihe Note are declared
<br /> �,;��� .�,� ,•,`�� tobeseverahle.
<br /> • '4.+' 16.Barrawe�''s Capy.Borrawcr shalt bc givcn ane canformcd copy��f thc N��tc und nf thiv Sccurity Insirument. E
<br /> ��' Fam 302� 9/80 �
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