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<br /> � . cpnde�tiaa o�al�er qkio�af any p�t of the Ptope�ty.a for ccnvryancar in liai vf candenwvtia��acc MebY�i�od�d,� . ,
<br /> ° s�ubepaiaaEm3ar. � ` ` ` sha►i be appliod w�be su�secwea t�r th�s sec�irity .
<br /> � `,Ie the event of a toW tating'of•the PtopbnY•�PE°ro0� ' ``
<br /> ��I�bei or not tlrcn d�e,witL any eacess paid to,Botrower. Irt the event of a p�utia!talcieg of tt�Prope�ty,in ,
<br /> ' wl�ich sbe but m�l�et value of the Hvpetty imtr�liuely befone the takiag is��1 to or g�eater thm thc smo�tM of Ihe sums . . , ,
<br /> sec,urod hy this Security.Iasdument immedia�ely 6efae the t�icing..unkss Bor�awer and�.ender atkrwise�se in v►�ritina. ,
<br /> . ,he,u�at socunea b�r wis sawity uuwment s6alt be ndusad by the amnunt of the pro�c�as rnultipliee 6y the fdtawru�
<br /> tia¢tion: (a)dit total�mount of the sums s�ecurcd immodlatety b�aie tho takirtg.divWed 6y(b}the fair madca value of ttre
<br /> , - propeity immefi�tely ixfaie tht tai�ng �MY-b�C�e si�1f be paid ta 8ort+aveer. Ia t1x�vaut of a p�i�l t�lcing af the . ---
<br /> propRty m�rhic�U�f�ir m�dca value of t1�e Rope�ty immediatciy bcforc the tating is Iecs than the anaunt bf the suros
<br /> ' sxu�ed immodixety 6efa�e 1be taTcing,unje�s Barawer ud l,ender otherwise agtee in writtng or unkss applipbk hw
<br /> o�l�wise provides,the p�oceeds shall 6e applied to the sums secured by this Securiry Instament wlxther w not the sums`arc _
<br /> . � tbea duc
<br /> IE tbe Prn�erty is ai�uWa�ed by.BartPwec or if.afta notia by Lender to&xrowet that the cand�eronor offas w mate
<br /> an a�va�d or settle a claim Tor d�at�ages.Bomowet fails to�espond to Lender within 30 days after the Aue the notice'�u�ov�_ - -
<br /> I,ender is wU�o�ized w coll�cc�aA�pptY the,Peoc«ds,at ics optiae.either to rcstaatia�a c+epoir of the Pbperty
<br /> snn�soca�ed bY this Secnriry Iasau�enG whether or not thrn due. ication ai ta 1 sh�li roc extend a
<br /> Unkss Lender and Batower atherwise agtee in writing,any�PP�1 and 2 or�am u t�of such paymeacs.
<br /> ���d�te of�e monthly payments[efe�rod ta in par�aphs
<br /> 1L Earrawer Nat Rdeaeed; Farbesra�ce By�I�ender Not a Wsiver. Estension of tlx tnne far paymens or -
<br /> modifiation of amorti�tiai►of the sum4 soc�AOd by this Security In.arument Sranted by I.ciider w any successor in irtetest �
<br /> � �g�ov�r�r shall'not apecate to ielease the liability of the original Bormwer o�Bo�wers successors in inte�est.Lender
<br /> _ . ���������pg���nY succecsor in inter�est or refiae to extend time for payment or _
<br /> od�awise inoditq una�t�an of the s�s seciued by tb�s Secarity lnstrument 6y rea.wn of any de�nand made by tbe original
<br /> Ba�awer a Ha'rnwer's saccessars in imoac�sL My fabeasance by Leader ia exaeising arry right ur remody shatl not 6e a
<br /> waiva of or p�eclude tfie exercise of any r�i[a mn�iy- . .�.��v���a����of this
<br /> lt S�oce�ors a�d A��t.�oi�t�i',�'evefsl Liab�ity,Co-�'�
<br /> Sauriry Instnirtxat sb311 binA and bea�3 the successors and assigns of lxnder'�Borrower,subject to the pnoviswns of
<br /> := paragra�h 17. Bormwer's cavenants ai�agRSments shall be joint and severa[.�C.zy Bomower afio co-signs this Security
<br /> Iasuumeot but does ttat execute tiie Nr!� (a);is co-s�gning this Securjry ynstrumest only to mortgage.gcant and convey that
<br /> • Barowerk intenst in the Rnperry underthe teRns of this Se�urity Instrument: (b��s iwt persoaatty ubt�gatetl to pay thc sums .
<br /> ' secunod by this Securit�f�s,:�u.l:nenr,and(c)agroes that Lender and any other Borrawer may agree to extend modify.for6ear
<br /> � or malce any accom . '�?�s�w!tfi�;azd to the tem�s af this Security tnstruc�ent or the Note without that Borrower's
<br /> cansen� � . �- '
<br /> ' �3, �pe Chae�#: ;�f�the tuax�,secured by this Security lnsuument is subject to a law which sets maximum loan
<br /> � chugos,and that!aw i��r�saliy interpi�efed so that the interest or other laan chargec collected or co be coUected in connection
<br /> with the loan eacad H���rmittgd limits.then: (al any such lau►charge shatl 6ra�duced by the amaunt necessary to reduce
<br /> the charge to the peim��.��iimit;and(b)any sums already coltected from Barmwer which exceeded permitted limiu will be
<br /> tafanded to Bomawer. l.eader may choosc to make this refuad by redacing the principa�owed under the Note or by making a
<br />= direct payment to Borrower. if a nf�n�reduces princigai,the reduction will ba mated as a partial prepayment witha�it any
<br /> - __ < prtpayment charge under the Nnte. _
<br /> 14. Notiees. Any notice to 86.-�wec provided for in this Security Insuument shaU 6e given by deliverias it or bv
<br />- maiting it by first class cnail unless app�icabte law requires use of unother methad.The natice shall be directed to the PrapeRy�
<br /> Add�ess vr any dher a�we.s.s Borrower designates by notice to l.ender. Any notice to L.ender shall be given by first clag.s
<br /> � mait to Lender s address s:ated herei;�or any other address Lender designates by aotice to Rotrower. Any notice provided for
<br /> == in this SauritY Inst�ti shall be deemed to have been given to Barrow�e4 ar Lender whtn given as prov�ded in[his
<br /> — P��Ph• . , •
<br />_ 15. Gavernin�La�;SeWera�ity. This Security Instrumrnz shatt be gavemed by federal law and the law of the
<br />-- jwisdiction in which the�roperty is located. In the event that any pso�'i.sion ar c�aure of this Secur�ty Instrument or the Note
<br />- conflicts with applieabte law.such caMict shall not affect other provicians of ch�•5ecurity Instrument or the'vote which can
<br /> be given effect witriaut thc canfticting provisian. Ta this end ttee pcovisians o�tbis Security Instrument�;the Natc are
<br /> - declarcd to be severable. �
<br /> - 16. Hon�t►we�'s Copy. BorraK�:x s3a11 be given ane conformed copy af ihe Nate and of this Serurity instrument.
<br /> 17. 7lranskr otihe Piroperty ar�Benefkia!interest in Borrotrer. If All or any part of the Property es.any interest in
<br /> it is sold or transferrcd(or if a be�:ial interest i:�i3oaawer i4 sold or trancfened And Hortower ig nat��ural persoN
<br /> - wilhaut l.enderk priar wtit[en conseni.Lender may,at icw aption.require immed'sate payment in full of all sa�r^�c secured by
<br />_ this SeCUrity Instrument. Hvwevet.th�option yhall nat be exercised by Lender if exercise is prohibited by fecler�l l�w a.c of
<br /> -- the Qatc of thtis Security Instrument. � '
<br />-- lf Lender ex:rcjse9 this optlon.Lender tihall give Borrow•cr ratice af accelcraiian. The r.oticc shatl pravide a periad e�ti
<br />- not less than 34 days from the date tf�e notice i.K delivered or maited withi�which Barrower must pay all yums secund by this
<br /> Security Instrument. If Borrawer fails to pay the�e sumy prior to the expiration af this pericxi.L.ender may invake any
<br /> remedies permitted by this Security Instrument wuhaut fuflher nntice ar dem•rnd on Be�nuwer. -
<br />- ---- ' 18. 8o�urver s Right to Re�te. If Bor�owcr mee�Y ceaain condition�. Banower �hall have�he right ta have .
<br /> • enforcement of this Secudty lnstr�rrse*►t discantinued at any time prior to the earlicr af: (a)S dayy(or such ather period as
<br /> , SinglcFamily..faenk:lfarltieQdie�facU�IFON�11%ti'fltl��1F:YT-•UnifomiC'rn•cn.uth 9/9A r{H�.L��4wjhlxicrcr
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