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<br /> : caiden�don a aba niti�of�y pat af ttie Ptoperty.orfa ranvey�ce inlieu cf mod�aatiar.aor i�b�r a4sigood.a�d . , �
<br /> �iWi 6epi�tuLender. . . . .
<br /> _ ��ee�va�t a#a��[�ta1 a�.af t6e i4oQeny.�6c proceo�s sh�u ee a�ppiea ro the seuns s�a bg this sec�ity � `
<br /> ' InwumaM,wkthec a not thea duG With aay exass paid to BQmawer. in the evau of a pa�ia!i�ing of tiu Ptopaty ia` . ,
<br /> . �vhicb tbe fair ma�a�rah�e of tt�e E'mperty immcdiauty befae the faking is equat to or gneater ti�an the amount of ttje sums �
<br /> - ` socu�od by this Securiry lasuumau iinmediatety befae tGe taking.untess�Sor�ower�d�.eader atherwise ag�ee,in writia� , -
<br /> ` � ltte sums securod bSF this Security tnstrament shal�be rcduad by tbe amonnt o�the proceeds muldplied by the fbltowing
<br /> 6�ctiaa: (s)the tota!anqunt of the sums secured immedia�rely 6efae the t�ic'ing.divided by(b)the faQ m•rrtcu value oE the �
<br /> _ �topaty-ia�sxdiattty b�a�e the taiciu� Aag ba�anee-sl3a1!bc�id to Ho�mv+rer. ia tLe evrnt qC a•Q�ti�l taking o�t1x
<br /> Ptogetty in wllich the fiir muica vatuc oP the Pmperhr immediatelY befae thc.t�lung is less tlr�the amatmt of the sums
<br /> cecuc�d imrt�ediatety 6cfa+�tha tatcing. unle.ss Barower and Lcnder otherwise agree in wciting or Smtess applicabk law
<br /> . atlkrwise provides.the pracads shall6e appGed to the su�sec�med 6y ti�is Security Instrument wheti�er or rx�t ttie swris are
<br /> tbea due.' .
<br /> , If tbe Property is sD��doned 6y Boaowe�or if.aEier notice by l.endes to BoROwer tl�at tbe candem�ar offers to maks
<br /> an sw�sl a s�de a ciaim far damages.Bcumwer faiLs w respond to i..ender within 30 days atter the date the notice is given.
<br /> i�e�rler is�utharized to collect�nd ypply tl�e pmcetds.at its apcian..�it6er to testoration a repair:of the PmpettY ar tu the • .
<br /> swns securod by this Security`lnsata�t,vrLether ur uot ttua due. _.
<br /> Unkss l.ernd�er and Raiowa otl�ecwise agtr,e in wnling,any appficatian of ptoceeds to principal shall not eawtd or
<br /> . postpone the due date af tho montAlY pa�ment�iefemed to in p�ragraphs t and 2 or chaage the amowU of sucb payments. `
<br /> 31. liot[owee Not Rek�scd; Forbe�raaee By I.e�der Not a Watver. Extension of thc:dmc for paymeiU oe �
<br /> - modif'ication af a�ation of the sums secuad by this Security L�stnuneat granted by i;ender w any'su'x�esso'in inuc+e.st �
<br /> of Barower shall na operate co release the liability of the original•Barower or Sorrower's sucixssoRS in_u�teres�Ixixler ,
<br /> � .� shall nnt be.requicod to canme�ce P�oceedings aSamst any snccessor in firrtecest or refiue to eateud tiihe•�or payment ar :.
<br /> � otherwisamo�dify�rt�ortiration crf the sums secund by'th�s Socurity Inspumentby reason of any demand m�de hy the original
<br /> Barowa or Bamwer's s�,cassors in�;nrenst. Aay forbearancc by Lender in exerejsing eny right or remedy shari aa 6i�.a
<br /> � waiver of or pmclude the exeaeise of any right or remedy. - . •. . - � =•;>`
<br /> 12. Sncoe�ors a�d Aaei�s Ba�sd:Joe�t aad Severnll.ia6ility:Casiboers. Tlu covenants aad ag�nts of this
<br /> . Se�vrity L�ctrumaN shall bind and benefit the successois and assigns of Lender ancl8ortower,subjocr to d�e provisiQns of
<br /> - pangraph 17.9arower's covenants and agTeements sliall be joint and severat.My Bomower wAo co-signs this Security
<br />-- Iasuunxnt 6ut does not execute[he Nate: (a?is casigning thls Security Instrurqent only to moRgage.grant and convey tttat
<br /> ' Bdrmwer's'interrest in the Property under Q�e teans oF this Security Insuument; (b)is not persanat�y obligated to pay the swns � �
<br /> - secured by this Security Instrumenr,and(c)agrees that[.ender and any other Bomawer may agcee to eatend,mad3fy,far6ear
<br />- or n�ake any accommadations with regarA to the terms of this Security instrument or ihe Note w3thout that Borrowet's
<br /> �• consent. � • .
<br /> ; 13. I,oan Clw�g�s. if the loan secumd by this Security Innrument is subjeet to a law which sets maxlmum�loan
<br /> __ ; chuges,and that laa is finally interpreted so that the intene5t ar ntt�er loan charges coltectat or to be collected in canneciiRn . ,
<br />-__ ; with t6�/,oan sxcesd the permitted luni�c.then: (a)any sueh ta�e charge shall be reduced hy,the anwunt neeos.sary tc�,crslw-.�. , ,
<br /> � the d5:�:to the peimitted limit;�nd(b)any sums alrcady cat�Cr.ed from Borrawer which•exceeded permitted limits�:�1�e
<br /> tefun�a.t'to Harower. Lender may c�cadse to make this refund hy reducing the principal owed under the No�or by making a ..
<br /> `` '. diratpayment ta Bomdwer. If a refmu�reducef�cipal,the reduction will be treated as•a pattial prep�:.rrent without any
<br />"`�' � � pr�epaymcnt charge under the Notc. :, �;•
<br />'>""'� t4� Notias. Any notice to�3ci�rawer provided for in this Security Instrument shall be given by delivering it or by
<br /> _ m�licr,�ii by first class mail unless spplicabte law requires use of artother method.The notioe sfiall he directed to tire Property
<br />_;�; Addc�g or any ather address Borrawer designates by notice to txnder. Any notice to�,ecrder shall be given by�rst class _
<br /> mail to Lender's address slated herein or any other address I..ender designates by notice to Borrower. Any notice providcA for -
<br />_-_,F~ in this Security Insuument sha11 be deemed to have been given to Borrotiver or Lendcr when given as provided in this =
<br />��:;, �Governing Law: Severa6ility. This Security Insuument shall be govemed by federa!taw and the law af the -
<br /> 'y''� � ju�sdiixian in which the Property is located. In the evem[hat��%.provision ur ci�us�of.th�s:5�curity[nstrument ar the Note -
<br />-:.:�if � . c�tr..�..�'s with applic�bte law.such conflict sha11 not affect otY:.z�oyisions oithis Security tn�i•-stment or the Note which can
<br /> '' , 6e given effec�withaut the caMlicting pravisio+�..: ,:o this er.�e'.:::provisions of�ihis Sec�ca.,^y In�trument and the Note are
<br /> _ � , ',� declared to be�everable. _
<br /> ' � 16. Borrower's Capy. Borrowec shaif U���ivi�;one conf�^med capy af the Note and of this Security Instrument.
<br /> __ ; 17. 7�anste►of the Propertg ac a Bertefirial Inte�est in B�rower. If al!or any�art e f the Pcoperty or any interest in
<br /> �``� it ls sotd or transferrcd(ar if a bern:iij;ial interest in 8atrow•c�•is wld or�ransferred And�+3irower is not o�aturrl person)
<br />:�ir without l.endert prior written consent,Lender may.at it.s op�ion,require immediute payr'rrnt in fu1)of all�ums secured by
<br />-�?' this Security InstTUment. However,this aption tihall nol be exercised by Lender if exercise is prohibited by federa)law av of
<br /> the date af this Security lnstrumenl. ' �
<br /> - li l.ender exercisec this nption,l.ender shall give Bnrrou•er notire af arceler,�tian. '�'hc notice tih�ll provide a period of =
<br />.°�;._� rw�less than:;0 dayti fn�m thc d�te Ihe natice iv dclivered ar rnail:Q wilhin which 8arruy��r ntrast pay�ull.um.�secured by i}�is
<br /> :, - Security Instrument. Ii 8onowcr Pails tn pay �hese wms pr,or to the cxpiration of ttii;5 period. Lender may invoke any ,
<br /> ' remedies permitted by thiy Security Instrument without further notice ar demand an Bar-o v�c-r. '
<br /> - IS. Borruwer's Righ1 tu Reinstate. ��BOfiOtYl•i 1}t�Cls CCAA{t)C(�Rtlllt011s, BPROwcr.hall havc the right ta have :
<br /> " � enforcement of�his 5ecurity In�trumcnt disrontiRUrd at 7ny time prinr ta the eurlier of: (a)5 dayx(or xuch other period as
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