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<br /> condemnatipn or o�her taking of any part of the Prppeny,or for conveyance in lieu of conclemnat�p���(���y y��i��y��,�
<br /> shall be paid to Lender.
<br /> In the event af a total tttking af tt►e Property, th� P�s ��� � a�lecd ro d�c §ums securcd by this �uri�y
<br /> (nttrument; whether or not then due, with any ezcess paid io gorroarcr, In the evenc of a part�a�tak��g of the proprny ��
<br /> Which the fair mt►rlcet value of the Property immediatcly 6cfvre the taking is equal to or greatcr than the ar�naunt vf the sums
<br /> secured by this Security Instrurnent imm�diat��y before the taki�g,un�g�pw,tr�nd
<br /> the sums stcurod by this ���ty Instrument shnll be rcduced by the amoun�of�px �r a���ag� 1O~'ryting,
<br /> frartion: (a)the total ampunt ot thc sums secured immediate�y��q�����ng�������b)(���A,��m�bikycth alue'of�he
<br /> Property immediately befare the taking. Any balunce sha11 6e paid ta $orrpwer. In the evtnt of a pifrtial taking of�he
<br /> Pr'operty in which the fair market value of the Property immediately betorc the taking is less than thc amount of thc sums
<br /> secured immediatcly before the taking, unless i3orrorv�T� [,���r m�e�,ise a
<br /> otherwise provides,the pro�eed5 shall be apP��ed to the sums securtd by ch�$�uryty�lnswrrxnt whelher'or not'�the sum.f.�re
<br /> then due.
<br /> !f the Prppeny�s abandoncd by Borrower,or if,after notice by L,ender to Borrower that the cond�mnor o}'����p make
<br /> an award nr�st�e a claim for damagcs,$orrower fails to rcspor�d�p(.,G��µ,�thin_ZO days after the date�he np�i���s siven.
<br /> Lendcr is authorizcd to�allcct and apply the proreeds,at its pptipn,ei„xr ta restor;ttion or rcpair vf the ptopeny br to the
<br /> sums securcd�iy this 3ecurity Instrument,whethcr or not then duc.
<br /> Unless Lender and Barrower otherwise agree in wri��ng, any application oC proceed$ �o Pri�i�� Shall not extertd or
<br /> postpone the due date pf the monthly payments rcfcrred tn i�p���Phs ����or changc thc ama��•••af sueh'payments.
<br /> 11. Borrower Not Released; F'orbe���� gy r�n�er Not a Waiyer. F,ztcnsion of the timc for py�y�nt or
<br /> ►naii�cation of amprtization of the sums se�ured by ehis Securiry Instrument grantcd by[,�nder tn any succcs,�or in intcrest
<br /> vf Borrower shall not operace to release the Iiability of the original Borrower or$orrowtr's successors in interest. L,ender
<br /> sha11 not be required tv commence Pr�o���ngs agairuc any$�����n interest or r�efusc to extend tirr�c {o�r Payment or
<br /> otherwi5e moclify amartization of thc sums sccured 6y this Security Instrumcne by��p��y�my,�m��y���g�n�)
<br /> Borrawer or Borrpwer's successors in intere�c, Any forbearanct by 1.����n exer�cising any righ�ar rcmedy shall not be a
<br /> u�aivcr e�or preclude the excrcise of any right or remedy. •
<br /> 12• Successors and Assigns$ound;Joint and Several Liability;Cn-signers. The covenants and a�rcertxnts of�his
<br /> Security Instrumcnt chall bind and benert the successors a�d y5signs of L,ender and Borrnwer�subject tp the provisions oT
<br /> ruraFraph 17. Borrowerc covenants and agrecmentx chall he joint and cCveral. A�ny Barmwer wha co-eign� �hix Sccuri�y
<br /> In�tniman hul dncx ncu execute Ihc N�te: (a)is co-signing Ihis Security Instrumcnt cmly to mongagt.grant and cnnvcy�hat
<br /> Borrower's interest in the Propeny under the tcrms o(this Ser�rity lnstrument: (b)is npt
<br /> secured hy this 5ecurity Instrumrnr and(c)agrees that Lender and any other Borrow��may ag�tv e'x�nd,mo�di y�or��
<br /> ar makc any accommodations with regard ro the terms of this Security Instrunxnt or the Notc without that Borrower's '
<br /> consent.
<br /> 13. L,oan Charges, ff the Ioan secured bv this $ecurity Instrurnen� is subj�t to a law which sets maacimum Ivan
<br /> charees.and that law is finally intcrFreted so that th��a�
<br /> w�ih thc Ioan cicred the permiutd limit��dx� (a)amr such Io������� ��'��tian
<br /> ���e to tht prn�ninrd limifi and fb)am xinnt alreadp rnlle�-ted from ��'e�v to�
<br /> retur�ded�v gorrower. �.���y c�jp�ta makc this rcfund ����eX����m�Rimits will he
<br /> dir�ert�vment ta Bsmow�er. lf a rcfund re�dunc.c ���g��^�P�p1"'�d urd�r thc Note or by making a
<br /> Rrepa)�nent cl�uge under the iVote_ P��p�.the rcduction will 6t veated as a partial Pn�Paymcrn rv�tl�a�ut any
<br /> �a_ ��� .a,�Y�:�,� e«�o�„a�,;aea �m ma s�y
<br /> ���n�r���,� ��n��.�,�a�� Ma�
<br /> ad�r�ar ara.• '€�"�'�`la+r'ee�'cs�ar,.�er�ll�e.oti���ar
<br /> e�r ad'�'�BQrto��b��ice�o I�e d+�rfed�n d�r p�r
<br /> mail to L;rndrr"s��herein ar arry [-endcr desi � �cr�o L�dQ s6a11 6e pse�bv f�tlass
<br /> in this Serurity Instrument shall be ���� P�ts bv nvtiae to$orrow��,
<br /> decnrKd to have been iven to �'natice prvvidcd for
<br /> paragraph, L� Borrower or [.cndtr when givrn as pmvided in Ihis
<br /> 15. Car•ernin� Law: Se�•era6ility. This Security (nsYrument shall be govcr�d by feder�l law and the law of the
<br /> juri�iction in which the Pmpeny is located. In the event that any provision pr clause of ihis Security Instrumrnt or the Nnte
<br /> contlic�s with applicable law,such conflict�hall not affect o�hcr provisions of�hic Sccurity In�trurncnt or thc Notc which can
<br /> be given effect without the conf7icting provision. To this end the provisions of this Security Instrument and the Notc are
<br /> declared to be severable.
<br /> 16. Borrower's Cop}: Bo�rower shall be p�iven onc ro�f���y of thc Note and of this Secu�ty�nq���
<br /> 17. Trar�sfer of t�pr��y or a Beneficia!Interest in Borrow�er, iF all ar any pmrt of t�p���a any intcrrct in
<br /> it ix sotd or tr�nsferred (or if a hcncficial inlercst in Borrower is sold or transferrrd and gor��r is�a natur.�l per�n)
<br /> withou� I.,ender's prior written consent,Lender may,at its option,rzquirc immediate payment in full of s�11 sums secured by
<br /> this Security Instrument. However,this option sfiall not be excr�cised by Lcndcr if excricise is prohibited by federal law as of
<br /> thc date of this$�curity Ins�rument.
<br /> IF(..ender excrciscs this option,Lender sha(I give gorroWer notice of acceleration. The natice shafl provide a�ery�of
<br /> not less than 30 dhyti from the date the notice is delivered or mailed within which Borrow��must pay all sums secured by this
<br /> Security Instrument. ]f Borrciwer fails tn pay �hese sums prior to the expiration of this period, (�nder may invoke any
<br /> rcmedies perrnitted by this Sccurity Instrument without Tunhcr notice ow demand on Borrower.
<br /> IK. $orrnwer's RiRht to Reinstale. If Borrower meets certain conditions, 8orrower shall have the right to have
<br /> cnforrcmcm c>(this Security Instrumcnt di5continued at any timc prior to the earlier of: (a)5 days(or such uther period as
<br /> Single Family--Fnnnk Mae/F'reddie Mac(JNIFORM IN.S'1'RUMENT-_Uni(nmi Covenantx 9/90 (jruRP•f�fh rqR�f�
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