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<br /> _ � -- - candc-mnatiaa ar athcr iakia�of any pan of tkc Pt�apeRy.a=�OT COIIYOy�tICE III IIE11 nP ColldemllWflMf.�re haeby u�iQned�nd
<br /> -- — - �lWI be p�id w l.e.nder. ---
<br /> In ihe evrnt oi a�oul �dcinR ot qie rroperty. me pioccod�ciu�ii be appliod �o tho sumx ,x�u�wi t►y�hi• Sa:udly =
<br /> _ - — Insuumrnt.whelher ar nd tl�duc.wilh u�y eacess paid io B�rtawer. In�ha event oi�pAni�l takiag of�hc Propehy in
<br /> _ -- whfch the fair muket vdue af Ihe Propahy immediately beforc the takin�iR equwl to or grcater�hAn�he�auM of�he suma
<br /> °;� -- — secwed by thiR Secudty Ineln�menl immediately before�he laking,unlecs Borrower ond Lender o�herwiRO Agrce in writing.
<br /> " - - -- Ihe wnu sccuRd by thic 3ecuriry insuument sh�ll bo redueal by iho amount af the procoeds muUiplied by the following �_
<br /> � —� frac�ion: (s�)Ihc�otal amc�unt af the wms Rccu�ed immediwtely before the taking,divided by(bl thc falr market vwlue af the
<br /> � �-='-�--�=_=--� Properiy immecli�tcly bofore �hc wking. My balance shall bc puid to Borrower. In thc event of a partiol�nking oi thc
<br /> .�, Properry in which the fair market value of thc Propeny immediatoly before the taking is kss than the amount of�he sums �
<br /> _` .��i secured immedi�tely befare the taking. unless Bomower and I.ender dhenvise agrce in writing or unless applicabla law -
<br />_- othervviso provldes,the pm�ceeds sh�ll be applied a�he sumc securced by this Secu�ity lnsdumeot whether ar na tBe�ums a�
<br /> `_�,a� thea due. �.,,_
<br /> �� �f�he Qropeny is aba�dooed by Barower,ar if ailer notk�e by l.ender to Bormwer that�he condemnor offers w make .,,�:
<br /> :�' r�n award or senk a claim for daunages.Barower Faiis a respond a l.ender withia 30 dwys afler the date ihe iwtice is girer.. ��-
<br /> " Lxnder i�s�uthorized to co11ec1 wid�pply the proceeds,tu its o�►tion.either a restor�tion or�pair oi'1he PropertY or to ihe �t;°;;:
<br />�'` ' swas secu�ed by this Security Instru�a�en�whe�her or not then due. -
<br /> --d" Unless Le�der sind Barower otberwise agnee in writing, any�pplic�+tioa of proceeds to princip�l si�ull not eatend or 4S1
<br />_ _ poppone 1he due date oi'tt�e monthlY paYinents teferrcd to in parugmphs 1�ud 2 or ch�nge�he amount af�uc4 paymenu. __
<br /> --- . :'��`: ll. Borro�rer No: Rekascd; Forbearanae By I.ender Na a WaRvM Facteasion of U�c �ioarc �'or payment or �-
<br /> ;„J.+R �
<br />,-.�:• •+�� modificAtion of amortizocioo of the�ums aecurod by ttiis Secunity InsdumeM graMed by Lender to any succasor in interest �--
<br />. I--�='�,�":�:�F af Bam�wer shall aot operate t��:k�se U�e liability af the ariginai Bonower or Bormwer�successors in intercst.l.e�der �''
<br /> ��1:;:�� shall na beroq uircd 10 comme�we proceedings agoinst any su�:ceasix io iatetest or�fuse to extend timc for payme�t or ���
<br /> ' -L- � �therwic�maiify amatizatian of�he aoms secttstd by ihis i�:u�ity ieai�uut,:ut�•y r�asan af atty dersta�sd sstsde by the originst
<br /> `�'� ���`= Bortower or Borrnwerk successors in inte�sG My forbearance by l.ender in exercising any ri�ht or rcmedy shall not be a
<br /> 4�-' " waiver of or pmclude the exercise of eny right or remedy. �`^,
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<br /> �-��" 12. Suocessorc and Assigns Bound;Joiat ar�d 3eveml Q.ia6l17ty;Casigners. The covennnts and agreements of this ��
<br />-"� ' '� � �� Security lnstrument shall bind and benefit�he successors anai as�icns of L.ender and Bar�w�r,subject to the pmvisions of Q
<br />��r paragruph 17. Borrower's covenants end aIIt+eements shall be�j�am and severnl. Any Bo�ro�ver who casigns this Security =-_
<br /> ��• ,�! %. lnsuument 6ut dces not execute the Note: (a)is casigning this Securiry las¢ru�raent�nly tn mortgage.grnnt and convey that �
<br />��• r ' ' � Bortawer s interest in ihe Propeny under 1he terms of this Security Instrumeral; yfi)is not personally abligated�o puy the�um�
<br /> �, r''`': secur+ed by thia Secu�fly Instrumenr,and(c)agreea lhat I.ender and any other Borrower may agree to extend,modify,forbear
<br /> .5• • '� '�,.- or make any aeconunodationc with regard to�he tem�s of th�s Secudry Instniment or u� Note without that Borrower's .�'':
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<br /> �;a 13. I.onn C6a�cs. If the Ivan secu�ed�y tfiis Security Instnament iv subject to a law which sets mwcimum loan =�a'
<br /> ,�_ -- s �:��:<<- charges,an�!thu+.!:+w'��fnelly inter�+reted s��hat�t�e interest or other loan�har�es colkcted or to be collected in connection �.•.-
<br /> `y '`tr� �yr , with the loan ex�eec!th;pemiittecl limi�s.�hen: {a)any such low�charge shaal be rcduced by the amounu�ecescary to reduce . �
<br /> � ' ' ,`��;.i;, the chatge to tfie permitted limir,and lb)any sums nlmady callected from Barrower which exceeded permi tted limits wil)be =
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<br /> •' .-f���•;5, . refur�ed tb Bamower. Lender may choose to make this refunJl�y rcducing the principnl owed under the Note or by malcing A �-;-
<br />°-'"" direcn �ayment tn Barrower. If o refund reducex prinripal,tfie reduction will be u�eated as a partial pnepayment without any M
<br />=-^�= prepayment ch;u�e under the Note. `
<br /> ?•ti •� .��:..��' 14. Noticev. Any notice tu Borrower pruvi�led for in �his Security lnswment shall be grven by delivenng it or by �---
<br />= �.-���� '�.'.�. �' �. mniling it by fin+t closs mail unlesx applicuble luw requires use of another method.The notice shall be directed to the Property �:�
<br />''�'' �'�~� "�' ` � Addrexs or any other address Borrower designates by notice to Lender. Any notice to L.ender shall be given by first closs -
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<br /> ,�. moil to Lender's uddrecx staled herein ar any other uddress l.encl�r designetes by notice to Borrower. Any notice provided for
<br /> � in this Security Instniment,hall be deemed to have been gia�en to Borrower or Lende�w•hen given as provided in thix �'
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<br /> ;,.ti��`,; ;, , 1S. 4overnlnt; Lww;Severabllity. Thi� Security Instrument siwll be govemed by federaf luw and the law of the
<br /> "���' � '• �, ��s:� jurisdiction in whirh the Propeny i,bcu�ed. In the event thut uny pmvision or clause of this Securiiy]nstrument or 1he Note
<br />•z`r' ' ' �si!�'• .. � conflicts with appticnblc law,sunc�onflicl shall not uffect ot?�er provisions of thiti Security lnstrumem or the Note which can �;�
<br /> -•:':, ' '�`+.-:'�:' •�'y,:,, ° be given effect without tFu con8icting provision. To thi�end the provisionx of thic Security Instrument and the Note ars �Rr�
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<br /> � ' , f 7 � :N declueQ�t�be severnble. •_
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<br /> ; t•_,. .o,...:,:': •,. • Ilt�. Borrower s Copy. Borrower shall he given one cono�rm�d copy of the Note ond of this Securi4y lnsuument. +�
<br /> ' �,��;'° . � •• �• 17. 71�nnsfer of the PropeHy or a 8eneflcial lnteresl in �orrower. If ull or any pan of the Propeny ur eny interest in "`�
<br /> ' ,;�,;�,:;,<,;:.,.°,, �;p it is sold or transferred(or if a beneficial intercst in Dorrower is solJ or trnnsfemed und Borrower is not a natural person) -
<br /> •.�y�`� �.---a-�• without Lender's prior wrinen conunl,Lender may,ut i1x oplion.reyuire immediate payment in t'ull of ull sums securcd by �.�
<br /> ' this Security Instrument. However,this optiim xhell not be exe�ci:ed by Lender if exercise ix prohibited by federal IAw as of �a
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<br /> -'��'-- ':,s'� �-'4' the date of this Securily Inslrumen�. .��
<br /> '' ' <'t' '� If Lender exercises this option.I.ender shall give Borrower notice uf accelennion. 't'he notice shall pmvide a period of -
<br /> � '��� '�° �•' � not less thun 30 day:from the dnte the notice i,dclivered or mailed wilhin�hirh Borrower mus�pay v 01 sum�secure d by t his �`�'•
<br /> •'��;,�,°��,,��. w�� ' Security Inatrumen�. 1f Borrowcr fuils to puy thexe xumx prior to the ex�i�a:iun of this period. L.eru:er may invoke any ----
<br /> ;� L��f� � '�`, ,:,,�.• remedies permiatz�r}�his Seruri�y Inti�rument without further no�ice or Jemund on Bormwer. �
<br /> ° �8. Borrower's Right to Reinstate. If Borcower mre��+ cenuin condi�ions. BorroN•er,hull huve the righ� t� have �_,
<br /> _`+�„ _ .enfcxw�nt of thix Securiry In+trument discontinued•rt um ;irne prior w the eurlier uf: (al 5 days(or such dher period as �;�
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