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<br /> � _t..t _ �.90� �� -_ � ._.,__.._�.L..--° .
<br /> ._'�L �a�•.__v� , ... . .. • ._. . . .. _ . • . ' _ !,3,` . . " _ . i. . - . . _ ...
<br /> _ ' . . _ ' ' . . . " .V .__ ' _ " . � �.V��F�����Y���-- :
<br /> . , � - � . . _ - .. . . _ _�l\MCe��w�
<br /> _ c . - :-: �u t�reby assi�ned�nd,
<br /> . �aa`tba takiog o�any pac of ti�o P[opeity;or far cmvej�►oac in I' �o� i�� . . ,
<br /> sh�li 6t paid w Lcfider: ; • �be apptied w tl�e sums secu�ed by this Securiry .
<br /> • tn the tveat`of,�wtal is,kinS,of��f�e�Ptupe�Y•�� ; ` ,
<br /> l�nmi�nt,urMher a twt then due.1��►Y�x�P�,to Bam�ver. In tlx ev�st of a putial takin8 a f t h e P ro p e r�Y i n
<br /> ` which tire fair�rkec vabae of the RoPertY immedistdy befare the�Icing u equal to or g�eater than the amount of the swns
<br /> t immed�atelY ►n writing.
<br /> . sauccd by this SecaritY Insm�mett 6 e f a e t I x s a t u a&tmiess Borrawer and l.ender othenti�ise agree� �
<br /> t�rF�wns secuRd by this Security Instrutnent sl�li be reduad by the amount of th�prdceeds mutr.plied by the fnilowing
<br /> �•fracUOn:�(a)die total aa�ouet of t&sums secv�+ed'unmediatety 6ef d t�B�ar�owei�Y In kc event of a�ru letak ng of the
<br /> pmpmy im�diately 6eforc the tafcing. Any b�l�shall 6e p�i u.less.t6ad the:unount oF the sums
<br /> ptopMy�u whicli the fair mart�et waToe of ti�e Propett5r'nttmcdiuety befcxt tlie takir�'
<br /> secured uhnx�iately befott the Uki�g.uakss 8ortower�nd Leoder atl�ecwise.agnce in wsiting or unlcss applicatite taw; � .
<br /> ��,��e pcm,idrs.�he proceede s6att b�e applicd ro tAe sums sceured hY this Security fnstrument whether or nw the sams ane
<br /> thrn due. �
<br /> If�I�e Plmpe�ty is ab�da�ed bY��,°�t�°�er nd�re by L'�ader to Bo�rower�hat�he c��mnoc,offer�to make ..
<br /> r�f awnrd a�settk a ciaim far d�i�.Borrow�r fails to recpand to Lender within 30 day s after tAe�[c the iatice�g�� ,
<br /> Lender is author�zai co colkct and app1Y the Pmceeds•at it+op�ion.eithes to t�ta-.�tioa a rep�ir ut the PmpeRY.
<br /> � sums secut�e6�y this Secudty lnstrumcnt.whal�a ur not thrn due. � ' shaH eiat e�tend ar
<br /> � � , Unkss t.ende�and Horruwer otherwise agro�in writing.any apptication of proceeds to piincipal '
<br /> posrpone q�e due date of the monthlY payerKats nfemed to in par�g�Phs l and 2 or change the acrwqnt of�uch paj�ments. -
<br /> 11. BaRMree Nat�* �'� Sy �`Not s Wsiver. Extension of thc timc far payment or
<br /> mod�fwpon uf amotti�[ian of the sa�s secured by this Security Instcurrn.mt panted by Lcnder to any successor in mutest
<br /> of Batower shall'not operate ta telease the tiability of tAe otigicpl Borrnwer or Bamwcs's succesw�s in interc5t.L.ender
<br /> �����u���¢�mence pcoceedings against any succ�so��n interest or nfuse�to extend ti��for�paymen[or
<br /> utberwise modify a�vrtization of the sums s�cured bY this Securiry Inswmertt by ieason of au►y demandr��bY����
<br /> gonoveer oc•Bocrower's sueeessors in int�RSt- Any ferbearance by Lender in exe�+eising any right ;
<br /> waivar of or pnciude ihe eaencise of any right or temedY• C�,�cavenanu and agneemenu of this -
<br /> � ���►,•�u Ba�nd;Joiat aMt 3even�i LisWiity;
<br /> �ty Insttument shall bind and 6enefit!he success°rs and acsip�s of Lender and Bortower.subject to tfie provisians of
<br />--- patsgraph 17.Bormweri:covenants�d asree�nents shall be joim and scwerak.Any Bortower whe co-signana oave� thai
<br /> - Insuurnent but dues not execute the Note: (a)is co-signing this Security instrament only to mortgag ,g� Y
<br /> 8onower�in6etest in the Pcoperty under the terms of thi.s Security Instmment; (b)is not personally obligated to pay the sums i��Y--
<br /> .�:w��-
<br />- secured lry this Security Instrumen�and(c)agnees tt►at Lender and any other Baaower may agree toe�ctsnd;madify.forbear. �--_
<br /> - - � or maice any accommodations with regard to the terms of this Security lnstrument ar the Note without that Borrowers —
<br /> - cotuent: - =-
<br /> -- 13. Loan Charges. if the taan securcd by this Securiry iiuirument is subject to a!aw which sr�s au�imum taan - - -_
<br /> � charges„and that law is finally interpnKed so that the interest pr other toan charges collected or to be ca[fected in connection ___
<br /> ���; with the loan eaceed the perm�tted timits.then: (a)az►y sucb loan charge shall be reduced by tiie amoun�ic,tct�l�mi��w 11 be --
<br />- ` tl�e charge to the permitted limi�and(b)an9 s�mS a�readY collected from Borrawer whicfi exceeded pe - -
<br />° � re{ynded to Borrower. l.ender may choose to make this refund by reducing ti�e principal owed under the 1Vote nlb,y h�inanu ��,
<br />�=�, - d;tect payment to Bormwer. If a refund reduce�pr+�cipal,the reduction w��l 6e treated�s a Panial P�Ym y
<br /> - � F�PaY����e under�!►e Note. � ��r.
<br /> ^ „ 14. Notices. Any notice ta�Borrawer pra��ided far in this Security Instrument shal1 be-&ven by delivering it or by �-_
<br /> mailing it by first c1a.c.S mail untess applicabte law requinw use of anather method.The notice sha116e directed to the Property ,;v.T=.__.
<br /> � Addzess ar any other address Borrower designa�es by natice to Lender. Any nutice to Lender shall be given by first class y f�.,,,,�:_
<br /> mail to l.ender's address stated herein ar any other address Lender designat�by natice to Borrower. Any notice pravided for 't"-��;;_:
<br />__,� s,.�
<br /> �:z-.:.:
<br /> � in this Security Instrument xhall be deemed t�liave been given to Borra�F�er oc l.ender when given ag prov�ded in this ,, ..�.
<br />'__.,�• p��� , '-��,:a::.:._v:
<br /> ' I5. Governing l.s►w;Sevtrability. 77�is Security instrument shall be govemed by federal fa�v and the law af the _.���+'
<br />� .�..= jurisdiction in which the Property is lacatcd. ln thc event that any provisian or clause af c�is Security instrument ar ihe Note �:;,,,
<br />" � : cot�flicts with applicable law.�uch conflict shatl nat affert other pcav��uns oi this Securit}tn�+trument ar the Note which can .;�'��;':
<br /> . L ,"•� l�4.a•:
<br /> be given effect without the confticting pravass�. To this end the provisians af this Security Instrument and the Note Are , �:
<br /> � r�. dectared ta be severable.
<br /> - ib. $orrower's Copy. Borrowes shall 8e;iven ane conformed cop}��t the Note and oi this Sec�rrty Mrtrument.
<br />.`�� - 17. 7lransk�ot the Proptrty w'a Seneflciai lnteres�in Horrower. 1P ali oc any p'art af'the Property or uny imerest in • '�,T
<br />-,•:.;. .r . .''-:
<br /> it is sold ar transfeaed(or if a benefcu�!imere�t in Borco«er is tiold or transfcrced and 8arrower is nof a natural person)
<br /> without l.ender's prior written consent.Lender may.at its aptian.require immcdiute payment in full oi all sums secured by r�� � �;�;�.
<br /> � � this Sccurity ln.gtrument. Howcver,this aption�hall nat bc exercisecl by Lender ii'exerci�e is prahibited by federal law a�of ,w{,i_.
<br /> � � the date of this Security lmuumcnt. � ��"`,.'
<br /> � �"' 1f Lender exercises�his optian.Lender s5ai!givc Barrower naticc oi�ccelcration. Thc notice�^•all�ravide u period of
<br /> - s . ..
<br />- . - not Icss than 30 days from the date thc natice ic delivcred or mailed within which�anat+er mu4t pa�aU sums sccured by thi.r
<br /> y ' Seeuriry instrumen� lf$urrowes faiis ta�ay thesc �:um.�prior to ihe expirati«n pf thi,.periad.Lender may invoke any
<br /> �� remedies permitted by�his Sccuriry Tnstru�erz w�thout fu�her nmire�+r demanJ nn Bnrro�ti er. . •
<br /> ,. � �i� � 18. Borrower's Rip,ht to Retnstate. [t'Bom�wcr mect�ccrtaim m�diliuns,Sorco«rr�halE 6�.ave the right to havc ,
<br /> - - �''' enfa[csment of this Security ln�tcumcnt disac+�inucd at.my time priar tn thc earlicr of: ta)5 da}�(r�r�uch nther period�ti __..,
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