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<br /> -- -- . � -- - _ --- . � ' F(K fa[.COIIYt)f10�.�R�iL0��0/I��tlll.w['�hCIC�lY i�� _
<br /> - � si�dt be p�id ea Leeder. � . ` ` . . . , . , _
<br /> � In tbe=vent,oi s�wai t�king of d�e Prape�ty.�tAe pnx�ahall bt�pplicd to the wm�sccuced by this Securit�► .
<br /> �.whnirer ar not thrn dut.wttt�auy exctss p�id[o liaaower. tn,111c avetil of a.putiat tak'sng aC 1he Aop�ecly�n. . .
<br /> ' which tbe fiur m�ilcet value ot the�n�perty immediuety 6efarc tbe taking is�tu or gr�e�ter ih�n,the�tnount��t th�sua�s �
<br /> aec�aed bY�his Secu�iry tns�rwneni immedi�ety beforc ti�akiqg,untess�64xrovrer aM 4cnder aherwise a�ee irt wd�ina. � . <<<
<br /> t}K`s�u�.securcd 6y this Security lesaument sfmff ix oeduced`by the amount of the proceeds muttiplied by tbe fdiowing
<br /> fiaction: ta).ttx tc�wt uno�nt o€tttc�as sec�d�Y b�Forr!ha t�ing,divi�ed by(b�the far_Inuke�vrtue M�he
<br /> ' Rt�ope�ty invtied'utely befocr ihe t�icing. Any balaace�ill be paid ta Boaowc` in the eYent of a pa�ti�l`taiung of ihe ` � <
<br /> �. � Pruperty in which the fair mvlcet value of the Ptope�ty unmediucety 6efaR the taking is less ttun t6e amoaet of the sums � f
<br /> secu�ed immediatety Ixfdt+e the saking.unkss Bomswer and t.ender dtxnvisc��re in.writing oc ualess applicabk tar�
<br /> �odm�wise govides.the pmceeds sf�lt be applied m t6e swns'secu�ed by this Securiry Instrument whether or not tbe sums arc
<br /> � that dae. .
<br /> . -If t6e Property is abandonod by Bocrower,or if,at`ter s�atiee by Lende�to Borrower thu the condamnor offers ta m�ke ..
<br /> an awaM or seak a claim for damages,Bortower faits m.nespnad to Lender witdin 30 days after the date the tatice is givrn.
<br /> = l.eader-is authorized to coliect and'aPP1Y�P�+at its opuon.eether to restoration ac npair af the PmPertY or.to the
<br /> � sumssecund bY this Security insaument,whether or not t6enaue`: - -- . - _ � .: - ---- .
<br /> ' • tl�lus Lender�d�armv�er atbe�wise.agree irt writing,any applicadon of proceeds to principaf&i�all rat eatend or
<br /> . . ,:postpone tT�ee doe dau of the mont6lY PaYments nfemed w in paragraphs 1 and 2 or change tha amaint of such payments. �
<br /> iL Baerarer Na-Rekased;�F�bes�nce By LeMke Na's Waiva: Exte�,on oF the time for paymenc or
<br /> raodification of amoctization of the sums savnod 6y this Security Iqsmtment granted by Lender to any successor in�imec�est
<br /> of Bomower st�all aac uPei'ate to ntrase the liability of the ocigiaat Bomuwer or Bomawer's successacs in interal.Lender
<br /> shat(ooE be ioqrciced to commence proceedinBs against any successor in interest ar refuse ta m�tend rime for payment or
<br /> � . �ifjf amo�tization of the swns secured by this Secacity.lnsorument by t�eTSOn of any demand made by dx ong�nal .
<br /> �Bartower s su¢cessors in interesf. Any,fmhaa�anc,e,by Lender in exencising any right ar rcrtxdy s6a11 not 6e a
<br /> :waive�oEor pro�tude the exeerise of any right or semedy. �;:.:.�.;
<br /> �.5ueoa�as and Asei�s�vand;]oint`and Several Li�itY;Co-s�ness. Tt�e wvenants and agreem'enu of chis
<br /> •� nrity Iastxument shall•bind ar�aenefit the successors and ass3gns of Lender and Borrower,subject to the prov�sions of
<br /> _. ��1�'.BomaR-ef�s cqve►iaais and agree�nents shall 6e jo'im and several.My Bomnwer who co-signs this Securiiy
<br /> _' � Insuum�mt but daes�execute t.�ae Note: (a)is co=signing this Secudty It�tumertt�onty to mo�tgage;granE and convey that . --
<br /> g�,�rer's��st an�re Anp�a�.i�ader the terms of this Secwity Instrument; (b)is not personally o6ligar�ta pay the sums ,
<br /> --- �secu�d.d�}�iis�g�;.�lnsmur.3e:�,and(c)agrees that Lenderan�any other Borrower may agree to exte�.modify.forbear
<br />-_ �or ma�e any ax,�rt��datians ai�`�gard to the.temts of:iIiis Security /nst�vment or the Note wttharss-�that BarraR�er's•
<br /> . �cansen� • ' .: ` . . •.• •. , . . .
<br /> -- — . . Z3. Loaui G`�ges. If the loan secured.iiy�ti►ic Secucity lnsuument is subject to a!aw which s��imum toan
<br /> .-��� cE�arges:and that law is finally inte►preted sa that tbe interest or other toan charges coltected or w 6e colfzcz�3 in connectin.z .
<br /> adih the toan ezceed the permitted litniu,then: (a)any snch toan charge shal!be reduced by thc amotmt necessary to red�re
<br /> - the charge ta the pennitted timit;and tb)any sums alreudy callected from Barrower which eaoeeded permitted limi�s Ai1T 6e
<br /> refunded to Borrower. Lender may chaose to make this refuad by reducing the principa!owed�under the Note or by making a
<br /> d�rect payment ta Boccower. If a refund reduees principal,the redurtian wi{I be tm.s►ted as a partial prepayment withaut a�y
<br />- prepayment charge underthe Note.
<br /> i�i. Notices. Any natice ta Borroweeprovided for in this Securit�r tntitrument shull be given by deltveripg it or by
<br /> � - mailing it by first class mail unless applic�ble law requires use of another methad.The natice shaU be directed to the Pcoperty
<br /> Addcrss or any ather address Boaower designatew by uatice to Lender. Any notice to Lender shall be given by fint class
<br /> mail to Ixnder's address stated hcrcin ar any athcr addre�.�Lender decignates by notice ta Borrower. Any notice provided for
<br /> -�-:_, in this Securiry lnstrument shall be deemed to havc becn given ta Borrower or Lcnder when given as provided in this _
<br /> ,;;::; Parab*raPh• •
<br /> 15. Governiag Lstw;SeverabiUty. This Serunty Intitrument tihall be govemed by federal law And the!aw af the
<br /> ' • judsdiction in wfiich the Property iy located. In thc evcnt tha�any pravi.ion or clause af thic Security Insttument or the Notc
<br /> '" contlfcts with Applicabte law,wuch conflict shall not affect ather prov�sians of this 5ecurity Insirument ar ihe Note which can
<br /> be gi��n effect without the conflictin�provisian. To this end thr provitiians of this Security lnstrument And Ihe Noce are
<br /> " � declared to be sever�blc.
<br /> r .: 16. Borrower's Copy. Barrawer shull lx:givrn ane canformed capy ai the Note and af this Security Instrumen� •
<br /> - !7. 7lrangte�ot the property or a Beneffdal Interest in Bocrower: I!'ull ar any pan of�be f'ropeny or Any intere�t ia
<br /> - ' ie As:co1d or transfcrred(or if a beneficial interest in eonawer iti sald or transforred and 6�n'awer is nat a naturat person)
<br /> = witl�out I.ertder'r.priar written cor��ent.l.cnder may.at its opt�un.cequire immcdiatc payment in Pull of ali sums seCUreci tsy
<br /> � �e
<br /> � ; �{ this 5ecudty Insttument. However.tbis oplion shall nat bv exercised by Lendcr if exercise is prohibited by federat law as df
<br /> - the date of this Security lnstrument.
<br /> -� lf Lender exetcise.a this option.Lendc�shalf give Barrowcr nutica af rccelcr�tian. Thc naticc shalt pravide a periai of
<br /> not less than 30 days from the date�he notice i�delivered or maited within which Borroa•er must pay aU sums secured by this
<br /> . Securi:y instrument. If 8arruwer fails tv pay th�wc�umy priar tn ihc cxpit:(tion of�hi4�eriod. Lender m�y invoke any .
<br /> . � retzta:�.s permitted by ihis Secura�Instrument wuhout further�ntice or demand an i3orroa'c�r.
<br /> ,�.� ;S. $orrower's Rig,ht to Relnstate. If Borrnwcr mcets�enain cundition...Bc�re�c+'er>hall huve thc right co havc ;
<br /> .. � enfotcemeat of thi�Security insttumcnt dixcantinucd al:my time priur ta thc ea�licr��i: 1�)5 dayw(c�r:iuh athcr periacl.is
<br /> � � Singla Famiiy..Finnk Mae.'l�reEdk Hsic C\IF(1R�i l�ti?(il'�1F:%"i'•-Uniform Cu�rnaniti 9'91f rPr�c�4 i!b pa�r..�
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