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2� 1 �� 1 �24
<br /> �.z��s���
<br /> �n��ie event of a partxa�takzng,destxlxction,o�•l�ss in va1�.1e of ttle Property in which the farr mar��e�
<br /> value of�he Pra�erty��nmedza���y befa��e�he partial�ak�ng,des���.�ctiotl,or loss in va�ue�s equal to or gt�ea�er
<br /> �h�.�� �he arnount of�he s�.�ms secuxed b�r this Secu.rity z�a.s�r�:�men� immediately bef�re �he par�ial takfng,
<br /> des�r�uction�or loss��a val�.xe,u��less Barr��ver�.nd I,etade����ae���ise agree it�writ�ng,the s�.tms securec�by�l��s
<br /> Security Ir�s�trum�n� �hall be reduced by �11e a�nount af the Miscellataeot�s Prnceeds mul�iplie� by the
<br /> fol�owizag fra�txon; ��.� �11e �a�al anloiii,� of�he sums secured immedxate�y before the par�ial �a��ing,
<br /> destrL�c�iori, or loss in�a�ue divic�ed by �U} ��Ze fair ma�'�fet value of t1�� P�opezty immedia�ely before t��.e
<br /> partxal�al�.t�,�, �.es��•�.Xction, o�loss x�.a v�.l���e .At�y 1�alance sh���be pa�c� ta B orrower,
<br /> In�h��v�n�of a p�rtxal taking,d.estru�ti�n,or Ioss xri v�.ltte of t1��Propet�y i�.whzch�he f�.iz t-naxl�et
<br /> value of.�;he P��operty x�.�mec��a�e�y befor��he par�ial ta��i�agy �C'•S��'UC�1DI1y �r I�SS 1�.V��Ue 15 1eS5 ��.1c121��.7.e
<br /> a11�o�,�x�� af�h� stirns sec�.�red imr�lecliat�ly before the �ai•tial�aking, des�ruc���r�, ar �ass in valt�e, Lt�less
<br /> Borrawer and L�nder o�herwxse agree in writing,the Mrscella�eous Pzaceeds s�aall Ue applied to the sums
<br /> secti�red,by this Se��xri�y���s�x•uxnen�whether o���ot the sums are�heiz di�e.
<br /> If�he P�oper�y is abandonea� �y L�orr�wer, ❑r if, af�eti notice by Le�.der tn Borro�wer that the
<br /> �pposing 1'arty (�s defined in the nex� sen�e��e} affers �o mal�e an awa�rd�o set�le a c�aim f�r damages,
<br /> Borrower fa�ls�o respond�o Ler�der Wit��in 3�days af�er xhe c�ate tl�.e�aotxce is gzv�n,Le�lder is autllarized to
<br /> collec��.tzd�pp1y�he Miscell�.neous P�oceed� eith���o res�ora�zon or repair nf the Froperty or t�the sL�ms
<br /> secu��d.b��h�s Securi�y Ir�s�rumel�t,whe�her or not�h�n due. "(]pposi��g Party" mea�s the th���d pa�ty that
<br /> owes Bo�nw�r Miscell�.ilen�.Ys Pro�eeds or���.e�ar�y agains�whom BorroWer has a righ�of ac�ioza i�a zeg�.�rd�o
<br /> MiscellaneoL�s Proceeds,
<br /> �3arr.o�ver sha11 be in defa�.�lt if any ac��on or proceedi�.g�vv�Z�th�r civi�or c�iminal,is beg�.��.a.tha�,in
<br /> Lerid.�r's judgmex�t,�ot�1d result in forf�it��r��f th�Praper�y or o�her mater�al impai��cnent of Le�.der's xnterest
<br /> xn th�Prop�r�y ar r1g�1�S L111C���'��115 S��LI�'�.����5�1"iZ�]"1��1�.Bor�rovver can cure si�ch a defaul�and,if acce�e�a�ion
<br /> has�c�L�rxecl,��ins�at�as p�•nvided in S�ct�o�. �8,by cal�sing the ac�xon ar pt•oc�edin.g to be dzsrn.xssed�vxth a
<br /> �u���ag tha�, �n I���.der's jLidgment, precll�des forfe������e �f t�.� Pro�erty ar other rna:�er�al im.pax�z�nen� of
<br /> Ler�de�r's znter�s�z�l th�Prope��y or riglats u�.de�th�s Security��s�r�,ixnen�.The proceeds of any awa�d ox c�aim
<br /> for damag�s tha�are at�ribu�ab�e�o th�zr.ri�airm�x�t�f Lender's int�res�in��ie Prope�l:y are�ereby assigned
<br /> and shall b�paid to L�nder.�
<br /> All 11�is�el�aneo�:�.s Proceeds �h�,� a�e no� app��ed to restot{a�io�1 �r repa�r c�f�he Pr�per�y sha1�Ue
<br /> applied in�IZe ard:er provided far �n Section 2.
<br /> �1. I3or�°ower Not ReXeased; Forbearan�e l3y Lencler No� a�aiver. Ex�:ension of�he�ime for
<br /> paym�izt or modifi��tian of amortizatio�of the��:�ms s�cured by���is SecL�ri�y��.st�rum���g�an�ed by Lendez•
<br /> �o Bor�o�vver or any�SLXccessor�n In���es�of Bflrrow�i shall no�operate�o r��ease�he�iabr�i�y of Bo��raw�r or
<br /> any Su�ces�ars i�.�x�.�eres�af Bo��o�tr�r.l�ender�ha�l na��e rec��,�ired�o cornmerice proc�edings against any
<br /> Succ��sox in zr��exe�t�f Borrov5rer�r�o refus�to e���nd time for p�yme�.�or o�herv�ise madify amar�iz�.�xon
<br /> af�he sums se�ur�d by this �ec�.xrxt�Ins�rt.�rnent b�r�ason of any demand made by the or�gin�1 Bo�rovv�x or
<br /> any S�:�cc�ssors ��. Zn�eres� nf Borrowe�'o Any forb�arance by Lende�r in exercising any tig11� or rem�dy
<br /> inclixdirig,vc�ithaL���in�i�a�ion, Lender's a�c�p�an�e o.f paymen�s from.third persons, er��Y�ies or S��ccessors��.
<br /> Iil�erest❑f Bo�°o��r ar in arna�.�nts�ess tha�the amotint�hen due, sh�Il�.o�be a u�aiver of or precl�.�de�he
<br /> exercise of any rr�h�ar reme�y,
<br /> 12.Joxx���.nd SeveraZ Lxabi�i�y; �o-�igners; Successors and Assigns�ound.Bazrower covena�.�s
<br /> and agrees�1�a�Barrower's ob�zgat��n�s and�iabili�y sha�X Ue join�and sev�ral,However, ar�y Borro�rer who
<br /> co�signs this Seci�r��y Znst�ruxnen��u�d.��s n��execut�the Note�a"co�signer"�; (a}�s co--sxg�li�g�h�s Security
<br /> Ir�s�r�.�me�.t on�y�o xx�.��:gage,gran�anei convey�he cobsigne�'s in�erest in the Proper�y under the terms�f t�:is
<br /> r��A�r���•aska lleed of Trt�s��o����
<br /> � 19385.1.1 Page 9 of ZS
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