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<br /> r . _ , _ _ . _. , . : , . = - � -. 9�` _
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<br /> - ' a aher of� of tbe Ropetty,or for��x►veyance ie lieu of c�nden�tim.ue hae�r:�l���a ano
<br /> - cooda�aa- -�--!�_�Y P� ---
<br /> - �-� ----- �---.—. _- -
<br /> - � ` Ia tde evrnc of a tatai taiCing of We Properc}r.ttie�pioceeds shall bc apptied co the sums sacured by this Sac�uiry ` .
<br /> .lpshwmmt.wl�etber or aot�tixn due.rwith any exoe.cs p�id to Bortowec [n the cveat a�a patttal t�king of tfie Property in ,
<br /> whicb the faus•m#rket valuc of tbe Hvpetry imme�cely befae the taicing is ecjual to or grcater thu�tTte a�r[onnt of the sums
<br /> secuied 6y this Security InsoruQnent ia�a�ediace(y 6efore ihr tak'u�g,unless Bbirou�er and l.en�er ahenvise agree in writing. `
<br /> t6e su4ns seca�ed hy this Secoriry Instrumeat,sh�ll bc ttdu�ed by the amam�af tUe.p�ocoods muitiplied 6�the foIIowing
<br /> firactian; (a}tfie totaf aatoutu of the sums secutt+d immediately 6efoce ttie takirig.divided by{Df the€ars mariet value of the s
<br /> =- - peopezty;mmed'racely befare d,e atrog. My bat�e<shatf be�paid ro&xtower. tn tiie eYesn of a partial�c�king of the
<br /> � '� ptoperty in which d�e f�r market waiur of the Pmperty iinmediately before the'takina is less than`the:unamt of thc sums
<br /> • sec�ued i�iately befocc the taking,unlas Soaawu and I.ender othenvise agree in writing or imtess applicabie law
<br /> a�rwise piavid�es,tAc procetds shal�be appGed to the stims secured 6y this Seruriry Inswment whether or noc the sums ate
<br /> thq�due. ,
<br /> �f the property,is st6�ndoned by Bo�ower or iE,after tbticc 6y Ler�det to Bomawes thacthe condemnor affets to make
<br /> . aa awud a settle a ciaim for damag�es.�aroWer fatls to respond ta I.crder uri[fiin 3Q d�ys aftec the date ihc notice u given. .
<br /> La�der is�thoriu�to calkct and apply the pnoceeds.at its optian,eithes to iestacati�or repair of the Plroperty oc w tt6cc
<br /> sums secuced by this Security Instrumen�,whether arnoc then due. - '
<br /> ` ttnkss E�and�mwa otheswise agree in writin�any applicatioo of proceeds to principat shall not extend or
<br /> postpone tDe due d�te of dee tnanthly paYmenls referced to in paragrap!►s l:�nd 2 or ch�ge the`a�nouat of such paymenu.
<br /> -- �_ .---4l.�acre�rer ='to� �leaa�:-Fusbearaeeee By [.e�der Nut a Watver, Extension of tt�e time far pay�t or
<br /> modifiptlon of aawrtization of the sums secured by this Security Instrument granted by Lendes to acry saecessor+a ant�rest
<br /> of Borrower st�aall not operate to retease the liability of the ariginal Barrower or Bonuwer's s4ccessors�n iaterest Lender <.
<br /> . s1uiU na he nquired to canmence proceedings against az►Y successa in interest or refuse to eatend time far paymmt.or .
<br /> -- ahecwise modify amortizadon of the svms secuied by Utis Securiry/nstnrmcnt 6y nasa►of any demand made by the ariginal
<br /> gortoWer or Bortower's successo�s in interest My fa�fiearance by l:cnder in exereising aay right or remedy shall na tie a _
<br /> _- waivu of or p�ectude the eaeccFse of any right ar remedy.
<br /> "- 12. Soeoasors s�d Assi�s Baand;Jdet aod Severall.iabilit9;Co-�ers� "f�tt ooven�nu and�greements of this.
<br />-=` . Sxmity lastmment shall 6ind and benefit tbe successors and assigns oftender and Borrower.subject to the pmv�sions of .
<br /> "<�`. paragraph 17.Bairower's cavena�ts artd�ents shall be jaint an�s�veral.Any Bormwer who co-signs this Security • _
<br /> - tnstrument 6ut does not execute the PIote: ;a)is co�signing this S;curity Instntment only to mortgape.giant and ca�vey Ihat —
<br /> , Borrower's interiest in the Pcope�ty under the terms of tf►is Securiry Instrumen� tb)is not personally obligated to pay the sums , _'^—
<br /> • secared by this Sei.�urity Insuumen�and(cl agrees that Lender and any other Borrower may agree to eatend mod�fy.forbear ___ ___
<br /> � or make any accommodations with regacd to the tem►s af this Security Insaument or the Note without that Barmwer's- _ __ _
<br /> cansen� _=—_—
<br /> ' ,• }3. LoAn Charges. If the toan secuned by this Securiry Insmiment is sub}ect to a law which �eis maximum Ioan --_-__
<br /> - � .ct�s•�es.and ihat law is fu�a[E�snterpreted sa that tfie interest or other loan charges coqected or to be coltected in conneation _
<br /> aLb
<br /> - __ s to reduce —
<br /> , - b the anroant nece -
<br /> . �llfCd
<br /> S �GC[C ��
<br /> . hl
<br /> a
<br /> . such loan cha e Y
<br /> � .�.,s�,i the loan exceed the�?,;,.`�d lim�ts.then: (a)any rg
<br /> - ��charge to tice�ir,ec�!��:�and(b1 any sums aiready collected from Borrower��iich exceeded pennitted linaits aiil be � _
<br /> . _ refundod to�a�C�er. Ix�%���tay choose to make this refund by reducing�he principaS�owed under the Note ar ts�ivatcing a _ ��
<br /> e
<br /> direct paymerit to�orrower: €�a refund reduces principal,the reduttifl���lFbe ueated as a partiai�r�payment Ritimut�.^�c.
<br /> � • prepayment charge under the�ote. �. -� ^
<br /> 14. NM1ces. Any natic�to Borrower provided for in this Secuisry Instrument shall be givc:�fiy deliveriag�or by � �.�•.�.
<br /> � ma�'ling it by first class mail unless applicable taw requimt use af another methad.The rtotice shall be directed to t!�f.?roperty �:r`•--��-`, -
<br /> Address or any other address Borrower designates by ne��ce to Lender. Any noticr to Lender�hall be given by"first ciass � _. .
<br /> ' mail to Lender's address stated herein or any ather address Lender designates by notice to Barrower. Any notice provided for � : ��,�� '._
<br /> . - in this.Security insirument shali be d�emed to have been given to Borrower ar l.ender when given as provided in this ;_,,,,.•. ;___
<br /> ara h _. ;:�T:
<br /> p 1�5. Governiag Law; Sever�bility. 'f'his Security lastrument shall be govemed by fcdem► law and the !aw of the ` ; " '
<br />•- � jurisdiction in which the Property is lacated. In the evenr G��t�ny pravi.sion or clause of this Security Instrument ar the Note _ -
<br /> •�• canflicts with applicable law.such canflict shall not affec�a:5er provisians a f t his Security Ins trumen t o r t h e N o t e w h i c h c a n . - _ _
<br />' • be given ei'fece�uvithout the canflicting provi�ion. T�this end the provisionc of this Security Instrument and ihe Note are ,
<br /> •,':�.,. declared ta tae�c�erabte. �,
<br />,.;;;�i'' � 16. B�wer's Copy. Borrower shall be givcn one canfortned oa�y�f thc Nate and af this Sea:^ity Instroment. . . ... .,�;=�
<br /> 17. 'franster otthe Property or a Beneflcial lnterest i�Borrnwer. li all ar any part of the Pre�erty or any interest in rr : _��`_
<br /> � it is sold or transferred(or if a beneficia!interest in Horruwer is yc�ld or transfeaed and aarrower is not a n::�ur.»:l person) '=�;;"=---°
<br /> . . ,�_._..�
<br /> _ �• wtthout l.enderw priar written consent.Lender may.at its aptian.reuuire immedi�te payment in fbll of all r�ams;rcured by _��=
<br /> � thia Security latitrument. However.thir nptian shall not bc exerrised by 4ender if exerr�rc i�probibited by fecc�l 11w as of �.;:-���
<br />` � thedateaithlsSecuritylnstrument. • • �.'`s"i�, ,
<br /> . •�; ����.�:
<br /> 1f Lcnder cxercises this option,L.cnder shall give Hortowcr natice uf ucccieratian. Thc notice�za11 provide a periad of ���:=„',^:;:.-�-• f',;
<br /> r;.-,
<br /> • not less�han 30 duys fram rh.date�he natice i.delivered or mailed within a•hich Barrower mu�t pay all sums u:�G•°ed hy this , �:.},;.f:,,-��s•,:,.*,''._
<br /> ; =� Sccurity Instrument. lf Borrower i�ik to pay these sums priur ta the cxpir.�tion of shi�peri�xi. L.cnder m.sy a:voke any j,`,lr , . .•�
<br /> " �:�q.y,,F„ �i rcmedies permittrd by this Security ln�.trument without furthcr nc�ticc ar de�tiu�nJ un 8orroivcr. � :�'` � . �'
<br /> ` �" ; * 1$. Barraws�'s RiRfit to Relnstate. li Bonower mect�certain ronditiun�. Barruwcr �hw:[ ?':avr the right to have � •-+� "
<br /> ; .•,'•.;: : ��,. .. :j;;;:��,..
<br /> �i��:,i. • cnfarcement oi this Security Instrwncnt di�continued at any lime priur tu the rarlicr��f: (a)� da}�>�c:�urh uthcr period a� s . f';.';,,
<br /> z • • .�c��;).�:,
<br /> �.: '' SinglcFam�ly--Fnnnk!1fad�rcddk3lacU�IF'l)R�11%STNI'�1F:V'1'..t�nit�vm�'uccn.r�ry 9l90 �,�::,rj.,f�rlete�'tr �.: {.`:�
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