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<br /> ' �a q�p�,��y pa�t af tlt�pt�paty,ar far caaveya�cx ia lieu of�.�e 6e�eby�si�ned aaa
<br /> ' sL�lt be pid tal.end�er. .: . ` � '� :
<br /> tn tbe event af a tot�l.tatia8 bf the Pbpe�.the�oceods sf�ali.be applied to dwe swns aecurea try tHis Saauity`
<br /> I�ctm�wikthec or mt tben`�ue,widh�ny exoess Qaid to Bormwer....1n tix t�rert of a�rtial taldng of the Pn+g�y in
<br /> � ahicti tt�e fair muktt vatue uf thc Rapaty imare�iatelY bsfona.tbc.taking is equai to or g�eaur than the amoant of tLe sua�s
<br /> • socu�ed by this 5erurity Ins�ument immedatetY 6efa�the W¢ing,tuilcss Bari+nwer aact Lerider otherwise ag►�e ia writing,.
<br /> � ttK swns secuted by this Saauity Instn�at shalt be_n�itced by the anwunt of the�xocads multiplied by We fdtowieg
<br /> �:-(a)ihc tota}amaqnc of t5c_s�as sxuned imme��L�*befot�e the takitrg,divided by tb)tix f�r;maar�cet vatue oE fhe . ,- .
<br /> - . 'Pra�esty immediaselY 6efo�a,tha_ts�lring. Any.balance;s�alts aie:paid;m:�ntcawer. In the evint aE:��:`�mtiaF taicin8 0�dsc�_;.'` '-_; . ,
<br /> PmAqty m vviiich d�e f�r.;ti�i►ticet,vaiueof tbe L�mpeity:air�tiledi'atdj�.,iie6oie the Wtcing is 1GCS dtaQ,d►aarrt�nt of dye wms-`".-.-
<br /> , ,;:�fe�tted;imme�iatety i�efozR_�Ite�ing,uniess..Saimwcn'and��ender•dEntwise ag�ee-:in,.writia�r,�.�utt�ss aQplicabk law � . ..
<br /> ` `:�1�wise prorrides,tbe proccata.:slf�Ii be applied to thc.aums;se�w�ed by this Securiry��iis�tv�nent whether at not the swns as ,
<br /> - :::-.:tlie�idue- .. . �.- -- ..
<br /> -IC the Prvpe�ty is aMndoned by Barawer,or if,af�a notice by Lender to Hoeower that the caKiemnor offtrs to rtwke
<br /> aa awaM ar settle a ciaim for dam�ges.Baro�ver fails w nspond to Lrnder�rithin 38 days after tiu date the nwke ag'�vtrn�. .
<br /> La�der is autl�orized ta coitect and applY the P�ooads-a�iu opnoo:either co restoration oc�epais af tbe Prope�tY .
<br /> stuns secu�M by this S4�urity Insuivaen�wt�etl�er or not then due. �cation of poceeds w, ` l shaU na estend ar
<br /> Uaksc l.ender�nd Bamwer aherwise agree in wriqng.any appl" P�Pa
<br /> postpone the c�e due of the monthiY Pa!'meMs afeaed w in paraBraPh.q l a�d 2 ur change tf�c amount of sucfi paymrnts.
<br /> 11. Borr�er Nat Rekafed:.Forbearaace By Lender No! s WaLver. Euctension ot t6e time far p�ymcnt oc
<br /> modification of artwrtiz�tia�of the sums securod by this Security la�uument grantee by�l.ender to any successa m ink�st
<br /> of Bamvver shall nut aperate to alease the li�bility of thc�xig'u�al 8a�ow�r or&xrower�successors in intenst.Lender
<br /> shaD nat be to commenco p�oeding�ag�inst any successar in inte�est or,rcfwe to eauend time far,paymcnt or
<br /> � other�,ise mod��amortirrtion of the sums secured by this Security Iastrumrnt by n�son af s�ny demarsd made bg th�°nSinal
<br /> Aexmw_ee pe&xrower R su4cresars in_inurest._Any foshearance 6y Lendtr m exercising attY n8M or�t�rd9 shall not be a
<br /> - - -waiver of a prcclude the exe�ise of any right or trmedy. • . .'R�e cavenailts and agrcemeqts of this
<br /> 12. S�eceseors�d A�S Bawd:JoMt�nd Several i.is6ility:Co�si�eers.
<br /> � Socurity Instrument shall bind and benefit the successcsrs and assigns of Lender and Borr�wer,snbject to tlte prav�sions of
<br /> pacagrgph IT.Borrower's covenants amd ag�eements shall be joint and several.Any Bomnwer who co-signs this Seturity
<br /> Instrualent but does not esecate du Ncxe: (a)is co-signing this Security Instrume�t onty to mung�ge.grant and convey tfiat
<br />- Borrower's intecest in the Property ander the tertns uf this Security Instrument; (b)is not pe�sonalty obligated to pay the sums
<br /> secured by this SecuritY lnsaument;and(c>agrees that Lender and any other Borrower may ag�ee to eatend.ma�fy.focbear
<br /> or maTce any acrommadatiaBS w�di reb'ae'd to the tertns of this Security Insanment or the Note.y�cithout that Barroaeis
<br /> -- — consen� .
<br /> - � ��rg�;-If t�e toan s�iiied by this Security Instrument is sub�as ta�.law wlsich sets maximum toan
<br />� c}�arges,and that law is fin�y interpreted so that the interest or other taan charges ca�u[ed es co be coltected in cannection
<br /> with the loan exceed the parr�itted limiu,then: (a)any such toan charge shall be r�ace�6y t�he amount nocessaty to reduce
<br />-= the charge ta the pem�itted limit;and(b)anY sums already collected from Borrower which ezcee�pertnitted limiu will be
<br /> - nfunded to Borrower. Ler.der may choc�se to make thi�s refund by reducing the principai owed anaer ihe Note or by making a
<br /> - direct payrr�ent to Borr�ver, If a refunb reduces principal.the nduction will be treated as a part�al prepayme�►t wrthaut any
<br /> - prepaynteni charge under t�e Note.
<br />" 14. Notkes. My notice to Banawer provided for in this Security Insttument shall he given by delivering it ur by
<br /> mailing it by first clas.s mail unless applicable law requires use of another methad.The aotice sha116e directed to the Property
<br /> Address or anp other address Borrower designates by notice to l.ender. Any notice to Ixnder shall be given by first class
<br /> mai]ta Lender's address stated herein or any other address Lender desibmatec by notice to Borrower. Any notice provided for
<br /> in this Security tn�trument sha11 be deemed to have been given to Borrowcr or l,ender wix,m given as providect in this
<br /> p���� Severabilit 7fus Securi Instrument khall be ovesned b federal law and the law of the
<br /> -- 15. Governing LAw; y ry � y
<br /> :��> jurisdietion in which the Property ls tocated. In the event that any provislon or clanse af tfus Secvrity Instrument or the Note
<br /> - confticGc with applicable law.such conflict shall not affect ather pravisions af this Suuricy Instrument ar the Note which can
<br /> be given effect without tlie conflicting provision. To this end the pravisions of thic Security Instrument and the Note are
<br /> declared to be severttbte. �
<br /> ,� 16. Borrowe�'s Copy. Bartower tihall be given one canformed capy of the�ate and of this Security Jnstrument.
<br />-�:; 17. 7Yanster o�the Properly or a Heneficial Interest 1n Borrawe� If all or any part af the Property or any interest in
<br /> :,�._
<br /> ,;..:4 it is sold or transferred(ur if a beneficial interest in Borrawcr is sold or traosferred and Borrawer is not a nuturn petson)
<br />-'••�•• without Lender a prior wriaen cansemt.L.ender may.ut i�ti option.require immediate pay�mens in iull oi al!sum4 secured by
<br />' this Security tnwtrument. Howevcr,thic aption shalt not be exerrised by l.ender it exerci.r•e is pro7�ibited by federal luw a.4 of .
<br /> the date of this Sewrity tnstrument.
<br /> � If Lcmder execcises triis opti6r,L,ender rhalt�ivc$orrower no�ice af uccetes�an. Ti�e notice shall pravide s+period of
<br />� nat lesc than 3U days fram the date the natice is dclivered or mailed within which�csrrosc�er r.t:�t pay AU tiutnw secuted by thiw
<br /> Security lnstrumen�. !f Borrawer€2uls to pay thesc sun�.w priur to thc expiralion af thiS prr:ad, l.endcr may invoke uny
<br /> _ remedies permitted by this Security irrstrument witfiout furlhcr noticc nr demand an Banower.
<br /> 18. Borrawer's Right to RErnstate. If Bartower mccts ccrtain canditian��Bon¢w�r�hall have the right to have
<br /> .- enfarcement of this Secu:ity inatrument discantinued at uny�ime prior to the eaclier af: (al S dayv(ar such nther periad s�s
<br /> = Singtc k.un�ly..I�aank Mae�i'reAdieNs�c uV1�0It�1/�ti'f(t��fE�T•-UnifurtnCovrnanl� 919b 1(x�xe��JG puResl
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