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<br /> ��°� � caNiemn�uion w dhcr alcin�oi Nny p+wi uf Itw Piapany.a'far rcu�vcy ancc fn liru nf rondemnadc�n.aro hcrcby�cci�ncd arsd
<br /> � _ ,__-_______— ah�116e pAW w l.ea�ler. �--
<br /> — In� cvent ot a �dal takin�of�he Propony.�ha eaix wh�ll hr a{�►NcQ to Ihc rumM �ecurcd by Ihir�Securfty _
<br /> InMrumrnt.whc�her ar nd thcn duo,wilh any cxceiW pal Io Bormwer. In tho evam of a pAnlal�aklnQ oi�he Pmperty in _
<br /> which�he fwir m�ket valuc of thc Prapehy immediA�oly bei�►�e Ilw Ink�nQ iA cyuul tu nr greulr��hun Ihc�mnum uf�hc rwmr —
<br /> �vrcd by thia Saudly lnxin�ment fmmcdfu�ely bofaro �ha taking,unk�s�urrnwcr und l.cnde�uthcrwi�w,�agrce in w�ilin�, _-
<br /> -- the sum�securcd by thia Secu�ity Ina�n�ment++hall be rcduced by�he omcwm M�he pn�c��e�fR muUiplied My �Iw fnllow{ng
<br /> ��:��.:�. fra�:Uon: (u)thc totul amount of�hc auma r�ecu�d immcdin�cly bcforo tho tuking,divkied by(b)Ihe fuir morkei vulee of Ihc _
<br /> `- Propcny imm�diately beforc thc tuking. Any bulanco �hull bc paid ta Borrowar. In thc event af a purtiul iuking oi�hc `=l
<br /> ` Pmpcny in which tho fai�market value of thc Property immediately before the luking iK kss ihon tha umount of�he suma _
<br />��,;,;5't�. Recured Immediatcly befonc�hc taking. unlexs Borrowcr und Lendcr aherwise ng�rc in writing or unless upplicublc luw
<br />•-.,__ othenvise providec,the proceed:sholl be applied to the sums securcd by�hix Securi�y Inatn�ment whe�her or nat Ihe�umc w�e ��~
<br /> .,.-� . ,�. � thendue. `'�
<br /> �'"''�'' ��� If 1he Pro rt is abandaned b Bortower,or if,after natice b Lender lo Borrower thnt the candemoor ofYen to muka '�,
<br /> _ .�:,���;.�tyr;�i P� Y Y y " ,_.
<br /> L'���a'.��� an awsud or senle a cluim for dumuges,Barower fails to�spond to Lender within 3(1 dnys aicer�he date the�atice ix given.
<br /> ;':`' Lende�is authorized to collect�nd apply the proceeds.at i�s option.ei�her w�stora�ion or repair af Ihe Properiy or ta�he _
<br /> ��.� - .: ��,� sums�ecured by tAis Security InGnunent.whether or not then due. ___
<br /> -- �-`�'�'� . '�" Unless Lender and Borrawe�ahervvise agrce in w�iting,anY apPlicution of proceeds to principal shall not entend or ..
<br />��'" �' postpone the due date af tde monthly puyments rcfemed tv in pars�gmphs 1 and 2 or change�he amou�t of�uch paymentc. '�;.
<br /> �,_-a .• ,.
<br /> ' """ ° � - " l l. Norrower Not Relewsed; Forbes�rapce Bv I.ender NW a Waive� Extension of the time far ps�ymeM or
<br /> ,..,4�''t�� .
<br /> _:�i �.,.;..�.;.. modifica�ion�f atnonization of the sunns se�ured by�1l�is Security Instrument grnnted by LenJer to any succesxor m inte►est Y�
<br /> ��'^"�,'�� of Born�xkr. sha91 na npetate to releu�c afie l�ubiGat�of�he original Barrower�r Bamawer�s auccessors in imteres�.Lender •rS •
<br />--'���' �~'�� s4p11�at'�e rcnuired to�en:eem�e�e�roceede�gs uguin,t any successor in inle�e�a�r tefuxe to extend time for payment or _:_;�
<br /> �;�ti�;�, :"::.;9'� • wR,.H } otherwiu modi!'y arnarti�a»��n of Ihe sums secured by�h�s�ecurity insaument Ms�ensun ol any demund maci.�+y ar.e uri�tinai .• :
<br /> , �` '�` . �''�':'- Borrowa or Bor�nwer;suc;essors In intetest. Any T�orbearance by L.eoder in e�ercising any� right or remedy shA01 not be a �'' �'
<br /> ; � �- �'
<br /> '�±;:'`.:, ',• `'.����;� waiver af or preclud,�thr exercise mt':ue} rin�ht or temed�•.
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<br /> ,"',,+:..' ' �!��'� '•�.��Si 12. 5acoessors q��l Aaigaa I�oua�J;Jo1nt And Several I.iab�4iuy;Cc+�sig�rs. 'd''he c,,venants and ag�reemen�.t�ti�his ��;
<br />=�t��`�'' Security Insmument shull bind and bznetit the sucressars and assign. of L�nde�and 9orrower.cut+ject to Ihe Qr�visianv o2
<br /> .3,;�:;� :, ::..,;.::.. ��:.:�
<br />;;;n,��:�; �1L��1�;4r • . paragrnph !7. Boira�ve�t covenunas and agreemen�.�snall be joint und sevKral. .4n�•Borrc�aer w•ho co-si�s�his Securiry �j,r„
<br /> ,�:rhj'tiy, ' ��,K,,•.�;;,, . nstrumrnt but does t�ea execute the Nc�te: (ul is casigning�his Securiiy Insuumrent an�y Io moragage,grsmt ac�d c�nvey thut t::;.
<br /> I re., �:,
<br />:�-:�,4�?:.:,. �.���,,<<=::;.. .�� Borrower R intero�t in the Propeay unrler the terms of�his Seeurlty Instrument: t�a is nat perac►nally obliguted to pa}the sums ?t��
<br /> .�.�.•�. � •`.�" •,..
<br /> •,,:;• ,�••; ;,..! 'securcd by this Securiry lastmmena;And Ic)agrees thut Lender suz�D nny other Burrauer m�r agree eo eatend modify,forbear �{
<br />::::J��'.,�n� .:'�,.' �: iY,. �i(�i���
<br /> :.•_•. � :�-;x:,, or make any accommadatan.� with regard to the terms af�his Securiry lnstrurt�ret ar the Note wiihout tha�.8arowert
<br />_ � ;� . �f�.. ..'' � �• ,;�, r„M
<br /> �''1+. � �'�'�"'� �' c��13. Loan Cb� es. 11'the loan secured b thi� Securit In�uument is sab'ect ta a luw which sets masimum loan �`
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<br /> ,:�c����_ � b: .
<br /> --.,�'.�k�,��Y�;;�..=-.;s�,�° charges,ond that iaw�finuiiy iMerprcteci su ihui ihe ininrcal u�uti�er iuri a:iwrgra�irii�.:t�.i�r t:.�wltecied in contscction �,,;.
<br /> ;, ,,:;'.••• :�����;1 r��l��:';�;:'•�::�;.'.�i,� with the I�an exceed the pertnitted limits,then: (a)uny such loun charge shull be reduced by Ihe umount necessary to reduce t�:��
<br /> �,'r`�''y T�' t•± ,tt ',!��;,''r"•• ;��•����. the chArge to Ih�permitted limit:und(b)uny sum�s ulreudy collected from Borrower which exceeded permilted I{mits will be f�,�
<br />"" �'•���` • �•�i->�--' nefunded to Bomnwer. Lender muy chooee to make this refund by reducing the principal owed under the Note or by muking u ��'
<br /> ' ' , direct peyment to Bortower. If u�+efund reduceti principAl,the t+eduction will be trcuted ns a partial prepayment wi�hout any d;-a�
<br /> 1i.'�'"'a `-���---'• � m mrnt ehnr w undrr the Nnt� }�4
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<br /> ,,t;�•':t, � 14. Notices. Any no�ice ta Barrawer pruvided for in thiF Security Inxtrument shell be given by delivering it or by ,..,;,,
<br /> �:'.. ., �;r..;:,.;�• :. .�, _. muiling it by first cluss mail unlexw applicabk law nyuire.u�r ut'unalher melh o d.T he notice s ha l l b e d ircet e d to t h e P ro p eAy �:,•._
<br /> � ' � ' •• • Addresti or any aher oJdres. Borrower dexignu�rs by niitirc�o LenJrr. Any notice to Lender shull he given by Pr�t cluss ,�°;
<br /> ..,,�;;w.;,;�•,a; _ �
<br /> .�, ,. ��,:,;;�,, muil to Ixnder�wkin�...�uted herein or uny�Hhrr uJdm.+l.cnder cle+ignote,by notire�o Borrower. An,notice provided for �'
<br /> �. ' •�r;' :d;.;�,•;:• in this Security Intiaument xhall be J�,�meJ w have F+��rn �tivrn �o Bc�mower or Lendcr when given aa provided in �his
<br /> ,... .
<br /> �� r-' � ' 'r'`?"•' �IS Co�•ernMR I.aw; 5e�•erabUitv Thi. Srcurity In+iromrnl +hall he govemeJ by fedeml law aml the luw of the .�,�
<br /> : *;. � 5' �''� ����'��;},�s:';::`f'r' uriulictian in which�he Pro n ir lormed. In thr�vent�hat an rovi�ion ur cluu,e nf thin Securi� In�trument or�he Note
<br /> � � lj'. .•��'.1��!�!;,. . .. 1 Pe Y� Y P Y
<br /> :,, ; .:.•.•�..;�• ' cuntlict�with upplk:uhle luw,such conllict.hull nw affrci u�her prueitiians uf�hi.Securiry Instrument ur the Nwr which cnn
<br /> {�r �.,.:i,�f.. ,'�'.5�'''... be given effec� wi�huut the canOfcting provixion. To thi�end �he pmvi�iuns uf�hia 5ecurity Instrument and ihe Note are _
<br /> !�'.:•. • :�;;;�;�: . %,. declaredlobcseveruble.
<br />�:;i�.' �.. �,,.�a;,�;;,.�':• . � �" 16. Borrow•er's Copy. Borrower tihull Ix:given on�ronform�Ki ropy�if'�he Note and of�hir.Securiry Instrument. _
<br /> "L��;�;�,. �,:�;�.'g'�rxz�;,'�:;�;j.�;,�t�;::����` � 17. 7lransfer of the Property or A Beneficipl Interest in Borrow•er. If all or any part of the Property or pny iMereu in ;';,
<br /> � i "i� ,��r;:. ,�4 1 it Is sold or�rnnsfemed(or if a beneficial intcre�� in N�rtowcr i� �old or tr.�n�ferred and Borrower is not o na�ural penonl
<br /> ' ;"' ,� .;�'a{} "{r,. withaut Lcndcr's priar written a►nsem.LenJcr may.+►t i�,op�ion, rcyuire immediute puyment in full oi all sums secur�ed by ��'
<br /> �''`�"' ����" thf.Securit In,trunient. Huwever,thls o►tion shall not bc exerclycJ b Lender ff cxerci�e is rohibited b fedcral law a�of
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<br />;=a,;�,�+"'"� a .,�.'Yi4"1.''� � :•'.
<br /> ��.3` .t.�. - the dute of this Security lns�rument. „
<br /> �',� :•�. "��;,..'�;.+�, If Lender exercixes thla op�ion,Lender shall give Bomiwer naice of�+ccelerutiun. The notice shall pmvide a period of `_F
<br /> '�`'�''' ' not less�han 30 days fmm thr date the notice is delivered or mailed within w•hich Aorrower must pay oll�ums secur+ed by this �;
<br />..�',%'t' ; �.r'"; �. + ,/"�
<br /> �•ty�.•, : •��.{, ���' ,��i. Securiry lnstniment. If Borcower fails to pay �he� sum� prior to the expiratiun of thix period, l.ender may imoke any �
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<br /> z;;�'•�'' �• �'f,,n''��;.•,..���4 � remedies petmhted by Ihi�Security Insmiment w•i�hout t'unhcr nMire or demand on Burrower.
<br />-:,::x.:: � ��, tii�,,:�,,.,,,;,y�:..
<br /> '�': � c 18. Iiorrower's Right to Relnstate. If B�irtower meetti cenain condiiionx, Borrower tihnll have the righ��o have
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<br /> 5'<<�f�� , � �a:;z�f4;,j,�,E,;„1[t � @nforeement af thls Securiry Inxtrumem diticontinued at any time prior lo Ihe curlier uf: lal S duys lor�uch ather periad as .
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