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<br /> ---- aa�dwtmiq+oa or ott�a t�Cb�of.ny pert of tbe Propeny.«ror�onvey.noe In�leu or condann�ttoe�.ro hra�eay�n.u.�a _
<br /> �bdl be p�W to l.aKlat.
<br /> 1n�ha event ot� taW uikia� af tbe Propedy�ihe pneeeds �II be�pplied w the sumo �ecuned by thb Seeu�y .
<br /> In�uwnent.whe�her a na cM�due.with�ny exees�pa0d w Banvwer. In�bo event of a pahld Wcin�of tho Pio�peity ia
<br /> which the fair muket valuo of�he Pruperty immedi�tely befa�e tho t�kin�Ir oqual to or�eater than tho unount of iFw wm� .
<br /> �xund 6y this Secwlty In�e�rt�onl immedluely befare the ulcin�.unk�w Bor►ower and Leoder otberwl�e�nee in wridn
<br /> the eumt securod by�hi�Secudry Imhument sluill 6e rcducod by tla amount of the�xeeds multipliad by�he followln� �.
<br /> �—= fracdon: (�)�he tot�i�maunt of tho sumo cecurod immodiately befare the akin�.divided by lb)�he fd�mukq v�luo of tho "c`
<br /> Prupeety imn�ediNely befae�he uking. My b�la�ee ch�ll b o p�id to Bonruwec tn the evant of a pu�id IWcln oP the
<br /> �� 1'rope�ty ln which ttw fai�n�mket vWue of ihe Propony lmmadiwioly boforo tho t�cing is I�ss�han the wnount of�wnw
<br /> -M :ocurod immodi�tely befom �he t�king,unbss 8onrower and Lcnder atherwice agrea in writing ar unless AppUcxbb lew
<br /> , od�pwise pmvidea.the prooeedc�11 be applied to tho cumr securcd by thic Seeurily in�humant whether or na the sum�aro
<br /> rAen due.
<br /> �-� _ ___ �� If�hc Rapen�r is aba�da�ed by Borrowe�.ar if,dtar notice by Lcnder lo Bomower Ihut Iho condemnor off'crs to make
<br /> � `��z� .. . ,�a�w,iud or settle w clu�m for daa►�ges.Borrowcr fails to rospand to Lender wlthia 30 days attcr the dwte�he notice ia given,
<br /> l.e�der is�qhoriaed w coUec�au�d aypty the procee.d�,at ita option.either to restaratian or n�wir of the Pnoperty or to tl�e
<br /> sums securod by t6is SecWiqr hsdrument,whether or not chen due.
<br /> U�kss Lender and Borrower o�herwise ag�ee in wrlting. any�p licntion of procceds to p�incipal shaU not extend or
<br />--.:.;;s poetpone the due data oF n�ma�thlY p�yments refc�nal co!n Pn�ruphsP I und 2 or change 1ho amount of auch payments.
<br /> -- =� 1L Ban+ower Ncs4 R�eleased: Farbeusnoe Br [.ender Na a waiver, Eztencion of the time for payment a
<br />" `�;== modificatjan of wnonlxutiw�bF the swms securcd by Uiis Security Inshument granted by Lender to any successor in intereat
<br /> ���'�°"� -'�'� of Bo�e�awer shall nd�Ferate to relen:,�the liability o(the onginal tlom►wer or&xrr►wer�wocce.c.so�:�in interest, i.,ender `--
<br /> ' � shall not be�equined ta commence prmceedings agaiast any successor in intercs�or refuse ta e�ten� tpae for p�yment or
<br />_ . �}S: 'dherwise madify amoniaation of the sums secw�ed�ny thts 5ecudry Inswment by rcason of any demend ma°�e by the ori�inal
<br />� �u ��? liorrower or Bo�rower� successors in intenest. Any forbearance by Lender in exercising any�iaKt or n.�nody shall not be A ---�
<br /> .... �.,:: ,.; -
<br />• , , waiver of or p�+eclude�he exenise of;anv right or rcmedy. _-
<br />'. �••_ ;.1�,.� � 12. Sueces�ora ued Asal�ae�und;Joint md Several Liabiqty;Co-slgnere. The cov�aants and agcecments of this
<br /> -`-:��1'�,° � ?�} `%��;;;# Security InsUumene shall bind and benefit the succeswr:4 und assigns of Lender nnd Borrow��a,subject to the pmvisiona of �-
<br /> � , a
<br /> , puagraph 17. Bomower`s covenants aad agrcements ahall 6e joint sind severnl. Any Borrower who co-signs thia Security
<br /> _ "k4� Instrument but daes rat exxWe the Note: (a)is co-signing this Securiry Instrument only to mortgage.grant and convey that
<br /> '? � ,; � Borrower�inter+est in�he Propeny under the temis of this Security Instrumenr. (b)is not personally obliguted lo pay the aums
<br />` �� � s"'�•*:. , secu�ed by this Securqy Inurument;and(c)agrees that I.ender and any wher Borrower may agree to extend.modify,forbear ��W
<br /> '" �� '��"'� or make any accommodatiom wi�h regand�o t6c terms of this Security Instrument or the Note withaut tlwt Bon+owert _
<br /> '�f•'_�•.�.�:�_____ concen� '
<br /> �--- � Y3. iw�i8 Chal�tai. I�die ioAn s2�:ufed by i�tis iecu�iiy Insttum�.�ii is subject ta a iaw which sets maaimurr�i.�in
<br /> -, , v?r�a�, , .. P.l`-u . . �^
<br /> �' � r�{} :. t chazges,and�hAt lawis ifinal ly incerpreted su thnt the interest or olher loan churge;collected or to be collected in connectic�n __,
<br /> .,.� •� •;'�'+:t�s . with the losn exceet7�he pe►rnitted limits,then: la)smy such loan churge shnll be ceduced by the amount necessury to reduce j�.
<br /> , ., 1�i-�►i,.� �i,::��?'�� tLe charge tu the permitied limit;and(b)nny sums already collected f�am Barrower which exceeded pertnilted Iimi4g will be ' _
<br /> � ,.. •• "?f l{�f<-, �efunded to porrower.Lender may c7�oase[o makc this refund by reducing the princi�wl owe�unQer the Note or by making a ------
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<br /> � ' •�s�r.�a�:.: . • , �•.�� diroct puyment to Boirower. If a�efund reduces principal,�he reducpon will be treated as a parrial pr�epayment withoul ony �'`
<br /> � ° ;;"`�€„'j�;:,v_'� . • . p�payment chcvge under the Note.
<br /> . ��;�;,;,a:..•• •• 14. Nodcea, Aay notice co Borrower provided for in this Security In��rument chall be given by delivering it or by �ie
<br /> �°•;,�, �:�;�,;.�° . . mailing it by first clnss mail unless upplicable luw reyuircs utie af another methal.71ie notice shall be directed to the Property (�,�.
<br /> `�� � ' � • Address or any dheraddres�Borrower dexignutex by nc�tire to l.ender. Any notice to Lender�hall be given by first cl�as �:•�
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<br /> ' .;*$„g:..� meil to Lender's address slNed herein ar uny ather uddress l.ende�designutes by notice to Bo�rower. Any notice provided for
<br /> ��.� >•�, '".'.�.'. in this Sccurity Instrwnent �hall be Jeemed lo hnve been given to BoROwer or Lender when given a� �xovided in t7�is
<br /> _ ''��f `T . �,J� �`�'
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<br /> „ ._ , , Io. Goveratag L�w; Severability. This Scruriry Inxtrument xh+�ll be guvemed by federal I�w nnd the law of 16e �'=
<br />=.7. ,,,;,,,: .;.� �i,.�'y jurisdict�on in which Ihe Property is lacated. In the event thut uny pravisicm or clauu of thix Security Instrument or the Note ���.-•`
<br /> z� ,u-+, �
<br /> �::;, •..�:'� s �i conflicts wi�h applicable law.such contlict shall not a(kct o�hcr pru�isiom of this Securiry Instniment or the Note which can
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<br /> �, '` j�.:,;- � . ,;•„�:,.,;, be given effect withont the contlicting provixion. 'ib thin end thc pmvixion�ot'thi+Security lnstrumen�und the Note�re __.::_,.
<br /> 'i• ' ���'S•,� .,, declared to be severs►ble. � •.
<br />�U ' �,� '�'�''����. 16. Borrower'sCopy. Bortower tihall be given one conformrJ copy�it'the Note:uid of this Security In,trument. 1 t;,��:
<br /> �':'s;^'°' ., � '�.��,� 17. 'llransfer ofthe Property or A lieneficial lnterest in Burrower. If all ur any p:ut of the Property or nny interest in
<br />- '. ,� ��- it is sold or tr�nsterred (or if a benc�cial inten:u in Borrowcr ix n�i1J ar trun.ferred and Bo�rower is not a na�ur�l person) ' >'-�
<br />-:;;;: , �`�.sx�,:•. .� :..,� . without Lender's•priorwrinencoment,Lender muy, a�its opti.�n,reyuire immeJiate puyment in full oF pll sums secured by �
<br /> +?; �'� . ,�° �� this Security Instrument. However,thi+option.hall nul t�e rrercised by LenJer if exercise is pmhibiled by federcil Ivw as oF
<br /> -- . 4� � �, ° the date of this Securiry Imirument. r -�-
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<br />-'� ' �;F�;,^t.M•"• �' If Lender ezerrises this option.Lendcr xhull givr$ormwrr nwi�ti af ar��cier.ninn. The notire xhall pmvuk a periad of ��:_t,-
<br /> �'�' ...��'� '���`` not less thun 30 days(rorn Ih�dute the nntice i+delivereJ or muilcd wilhin whi�f+�ioRUwrr mu,t puy ull�umti>ecurcd by�his `'`"
<br /> . � y .�..;�., . • �(__,.
<br /> �,.� ;,�.�•:. • �,;, . Security Instrument. lf Borrower fnil�w pay tlk.r wm. priur lo the expirat:un ol'Ihi+periad. Lender may invake any
<br />'� '� ;y�`;;;r,.�'_.,;i,�� � romedies permitted by this Securily In+trument without furlher n�Kice or Jemund on Borcow•er. �°
<br /> �` ' r .S:�.r'"� 7Y�r"" � ' lti. Borrower's Itight to Reinstate. If Bamwrcr mcct. crrt�in condUion.. Borroacr .hall huve the ri�h�to haa•e
<br /> _ I1'•/Y`•'iii:�.a y .
<br /> = � ' s_«�-,��,, iS„�,��� enforcement of this Securiiy In,trument Ji.rc�xninu�Yi;�any tim�priur ro�hr rarlier oC: Iu1 S Jay�lor.uch othrr period:u �,�.
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