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In thc cvent af n purtial tnking of thc Property in <br /> M wl�ich thr fair max�l,4t �::'.uc af thc Yroperty imn�cdimcly heforc thc takin� iti cyual to or�;rcatcr than thr amuunt uf thc�ums <br /> � '�� serur�d by lhis Ser,urit}�ln+trument immcdiutely bcfare thc mking,unlc�s Borrowrr xnd Lcndcr otherwisr ugrce in �vriting. <br /> .�„�; � thu sums sccureci hy ihh Security Instrument �hall be reducyed by thc anwunt of thc procceds multip!icd by the follawing <br /> ��aH,.� fra�tion: la)ihe totrl eaiount of thc sums serurcd immcdiutcly bcforc thc taki:ig.dividcd hy(b)thc fair markct vulur of thc <br /> P►eipe��y immeclia.tdy n:(orc the taking. Any haluncc shall bc paid to Borrowcr. In thc evcnt of a paniul taking of thc <br /> Propeny in a•hich th�: inir markct value oi the Property immediatcly beforc [hc taking is Iess thun the am��unt of the sums <br /> src;ur�d immedia.xety i�:ii�rc Ihc takin�, unless Borrowc� und Lender atherwise ugrcc in writing or unless ap�li�-a+hle !aw <br /> arherwisr pr�rvid-:},th�e procccds shall be applied to the sums sccurt�d by this Security Instrument whether or not the sums are <br /> �hen due. ��. <br /> . If the Prop�:�'ty is aba�doned by Borrower,or if, afrer notice by Lendcr to Borrower th�t the condemnor offen to makc <br /> �x�._ <br /> - au a�vcird or nccdt u cfiaim for dami�ges,Borrower fnils to respond to Lender�vithin 30 days ufter the date thc noticc is given, <br /> Lender is aut�hori•r.Q�� to collect und apply the proceeds,at its option,either to restoration or repair of the Properly or to the <br /> ,ums secured by ttiii Security Instn►men[,whether or not then due. `'� <br /> �� Unless Les�r,izs and Borrower othenvise agree in writing,any applicution of proceeds to principal shall not extend or ', <br /> Y- postparte th�du�cJi.;o of the monthly payments referted to in pnra�raphs 1 and 2 or change the amount of�uch payments. �_ <br /> � 11. Bc�re�►oti��:r Not Relensed; horbearnnce Iiy Lender i+Iut u tiYnlver. Gxtension of th: time for payment or �� <br /> m�,dilic�tiuii of ar.rnrtization of the sums secured by this Security Instrument granted by Lender to any successae in interest �;; <br /> � of Bnnowe.�shakt nut operate ro release the liability of the originul Borrower or Buno�ver's successors m interest. Lender <br /> shall not b�: reyuired ro commence procecdings against �ny xuccessor in interest or n:fuse to extend time for payment or <br /> othcrwise mcYJify amonization of the sums secured by this Security Instrumen[by reason of any demand msde by the uriginal _; ' <br /> '�. gorrowet•ur I3nnv�vers successon in interest. Any forbear.ince by Lender in exercising any right or remedy shall not be u �_�-- <br /> waiver of or prs±�7ade the exercise of any right or remedy. �:::' <br /> 1?.. Suer.rt�asors und Auigns 8ound;Joint and Severnl Liability;Co•s.gners. The covenants and agreements of this �,- <br /> Sece�rity Iri.�trurn°nt shnll bind und benefit the successors and assigns of Lender and Bonnwer,subject to the pravi.r•ions of f��" <br /> �s. . paragruph 17. kiorrowcrl rovenants and agreements shall be joint and several.Any Borrower who co-signs this Security C` <br /> � In,trument Ulai does�iat execute the Note: (a)is co-signing this Securiry Instrument only to mongage,grunt and comey that _,_ <br />�. Bormwer's in�rtaest in the Propeny under thc e�rms of this Security Imtn�ment; (b)is not personnlly abligated to pay the sums <br /> ;M.���.�►,y f►�,�CFrprity 6�strument:and(c)��rees that Lendcr nnd uny othcr Borrower muy agree to extend,modify,forbesr <br /> _ � � nr malce uny.�rcommodations with regard to the terms of this Security Instrument or the Note witnou[ iha[ uorrower's <br />_., c�ns�nt. _ <br /> 13, I.a,}n ChaTge9. If d►e loan secured by tliis Security Instrument is subjecc to a luw which seu maxirnum laan <br />-' ,, cliarges,oitr�thr.t l��v is finnlly interpreted sa that the interest or other loan charges collected ur to be collected in connection <br />�'• with the la:�ia�e�;rred the pertnitted limits,then: (a)nny xuch toan charge shall be reduced by the amount necessary to reduce <br /> ~ the char�e tn ahc permiucd limit; and(b)any sams already collected fcum:Borrower which exceedecf p�rmitted limits wip bc <br /> F:�::�. ��"�: � cef.u�tcl2d Cci�Jorro�ver. Lender may choose to make this nefund by reducing the principal owed underthe Nate or by making a <br /> '""`y°"'� d�c��ct pa}��ti�rtr�t to Borrower. If a refund mduces principal,the reduction will be treated as u purtiol prepayment withou:any <br />�� •"l��'' przp;symeiz��:har�c undcr thc Nota _ <br />,::-';"''"� lA, NMtces. Any notice to Borrower provided for in this Security Insuument shall be given by delivering it or by <br />-- - '`°'�.` mailirug it�+}•first class mail unless aoplicable law requires use of another methcxl.The notice shall be directed to the Propecty <br /> ���.;�;:.'` AddrE:cs or.rriy other address Borrower designates by notice to Lender. Any notice to Lender sh�ll bc given by first class s <br /> . � � mail co A.eir..ler's address stated herein or nny other address Lend�r designates by notice to Borrower. Any notice provided for _ <br />�,..W.:���'a�?' in this S�'r.csrity Lnstrumcnt shall be deemed to huve been given to Borrower or Lender when given ns provided in this _ <br /> �-`�•:.:� parngea�a'�. <br />--�-"�': 1S, f;,��•cre�ing Lnw;Severability. This Security lnstrument sha11 be �overned by federal law and the law of the <br /> -- "�{ �; jurisdictir�r.in�vhich the Property is located. In the event that any provisicxi or clause of this Security Instrument or the Note <br /> -T=:�' �,,,, `� confliCts�ui�h applicable law,such conflict sh�ll not affect other provisions of this Security Instrumenl or the Note which cun <br /> "=^'T�•' be given c:�ect witliout the conflictins provisiou. To this end the provisions of this Security Instrument and the Note are <br /> ��'•; d�c'.a�•ul�a 5e severuble. ° <br /> � �T� t6. 13orro�ver's Copy. Bonower shall be given one cnnformed capy of the Note and of this Security Instrument. <br /> �- -- i?. 3f�ans:er of the Property or a BemsSdcial Interest in Borrower. [f all or any pait of the Property or any interest in �_ <br /> _=,�TS��� r it is sofd ucr tmnsfcrred(or if u beneficial interest in Borrower is sold or transfened and Borrower is not a naturnl person) <br /> ��� witt,U<tC Lender's• prinr written consent.Lender mny, at its option,rcyuirc immediate payment in full of all sums sccured by <br /> _-1="""=`-� this Sec:miiry Instrument. Hov�ever,this option shall not be exercised by Lender if exercise is prohibitcd by federal law as of _ <br /> :.�...; . = <br /> _;h�r:':�,;.;�:�: • tln�daurof lhis Security Instrument. �� <br /> �-�=. '• [f l,t�.der exercises this option.Lender shall give Burrower notice of aceeleration. The notice sh�ill provide a period of _ <br /> --"{�'�� -�'•...' .�ot dc�{s tkajn 3U days from the datc thc notice i,delivcred or mailed within v�hich Borro�ver must pay Ull sums serured by this ��_ <br /> i._ <br /> ' 5ccurit}�lr.istru��nt. (f Borrower fnilti to �ay thetie sums prior to th� expiration of this period, l.ender may invake any nA_ <br /> �r`� � r<:rned���s�w.rmittcd by ihis Scwriry Inssrument without further notice or demand on Borrower. ��,- <br /> � � la, f,7orrower's Ri�ht to Reinstnte. If Borrower mects cenain conditions, Borrower shall have the ri�ht to have �_. <br /> - ° , ���+`n�cem,nizt of this Sccurity Instrument Jiscontinued at any time priur to the earlier of: (a) 5 days(or�uch other period as _ <br /> ----._. '__- , Singlc Fmiily--ISn�de Mac�MYcddle A1nc UNIFORM IN5TRU11fENT--Unifumi Cuvenant� 9/90 (p�g��4 njn puResl �'`'.;, <br /> ,�,,�:� <br /> -: ..�ii��.�`. .. <br /> _ :��-��.,...-•---°^^----- _ _ - --_ '._ _ -- ----- , <br /> .�..�—-- ----- - _--*'tt'°°'�,.� --� <br /> � - � - � <br /> . .,_ .. ,:1� , , <br /> ;' • <br /> . ;/` , � , y <br /> � ' - 1.� . , . . �� ' . !) <br /> r:. 1♦ <br /> _ .... . . 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