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<br /> �..,�� condcmnation or other takin�of any part�i th�Yrop�rty,or for conveyance in lieu of condemnauon,are hercby assigned and
<br /> shall t�r�aid to Lendcr.
<br /> in the e.•c�t of a total tllcing of the Property, the proceeds shall be applied w the sums secured by this Security
<br /> ���``�"' Instrament, whcther or not tnen doe, with any excess paid to Borrower. In the event of a�an�al taking of the Property in
<br /> �;? �;hich the fair marke!�alue of the Froperty �,nmediately 5efore the taking is equal to or greater than the amount of the sums
<br /> `'�� secured h}� thes Security Insen>r„ent irnmediately before the ilking, unless Borrower and Lender oiherwise agrce in writing,
<br /> :he :ums s.°curcd b}� this Security Instrumer,t shall be neduced by the amaunt of the proceeds multipiied by trc following
<br /> fr,�Ction: (a)Ifie rotal amount of the sums secured immediatelv before the taking,divided by (b)the fair market value of the
<br /> F'roperty in�mediarrly before the taking. Any balance zhall be paid to Borrower. In the event of a partial taking of the
<br /> Fro�rty i�i �tihich the fair market value of the Yroperty immediatelv before the taking is less thAn the amount of the sums
<br /> • secured immediaiely befare :he taking, unless Borrower and Lender othenvise agree in writing or unless applicable 12w
<br /> �;�.
<br /> Y � othenti ise provides,t:�e pruceeds shall be applied te the�ums secured by this Security Instn�ment whether or not the sw:is are
<br /> �ti�^';� then�'ue•
<br /> �xr ' if th:; Propeny is abandoned by �onawer,or if,after notice by Lender ro Barrower that the condemnor offers ro make
<br /> ��•�'�` an^�sarc�or�ettle a clsim for�ama es Borrower fails to res �d to Lender within 30 da s aRer the date tne notice is iven,
<br /> � s a � g ., po, y� �
<br /> � j Lenuer is authorized to collect and apply the proceeds, at its option, either ro restoratinn or repair of the Propeny or to the
<br /> , '" sums;r.curcd b;:shis�ecurity Inswment,��hether ar not then due.
<br /> `'�`�,. ' Ur�es; Lerider and [3or.ower otherwise :.gree in writing, any application of procee�s to principal shall not eatend or
<br /> ,��..� �
<br /> �,:,.�w.tr �stpone re due uate of the monthl;•payments referre�ro in paragraphs i and 2 or change the amount of such payments.
<br /> � �� 11. Borrov.�er Not Releascd; Forbearance �y Lender Nat a Waivee Extension of the time for payment or
<br /> ` '�`>" medii�ca:;on of amcrtization of the sums secured by this Security Instrument granted by Lender to any successor in interest
<br /> �-.3 s of Borrower shail not ope.-ate to release the liability of the original Borrow•er or Borrower's successors in intezest. Lender
<br /> ;��°;�;� shall n�u be required ;o commence proceedines against any successor in interest ar refuse to extend time for payment or
<br /> ���.� othe-wi;e modiCv amorti�atien of the sums secured by this Securi�y Instrument by reason of any demand made by the o7ginal
<br /> � r, Eerrc,uer .nr Borrowers successors in intcrest. Any forbearance by Lender in exercising ariy right or remedy shall not be a
<br /> � � +� v.��iver of or preclude the exercise of any right or remedy.
<br /> ,�� $�. I2. Succes;ars an�l �lssigns Bound;Joint and Severai l,iability;Co-signers. The cnvenantc and agreements of this
<br /> � ` '�' Securit� lnswrtieru shall bind and benei`it the successors anci assigne of Lende�and Borroaer, :;i��,}ec: to the pmvisions of
<br /> �'�� � j,ara�rap}� !7. Borrower'ti co��enants and agreerr�ents sha;l he joint and several. Any Borrower who co-signs this Security
<br /> ��„ y�. Instrument out d�s not executc the Note: (aj is ca-signing tfiis Sccurity instrument only to mortgage,grar �nd convey that
<br /> ' 3orrower's interest in the Froper:y under the tertns of this Seta:�ty Instn�ment; (b)is not personally obligated to pay the sums
<br /> ���'' �� secur-ed b} this Securiey Instrument;and(cl a rees that Lender and an other Borrower ma a ree to e:<tend,modif forbear
<br /> �`�s�,; S Y Y S Y•
<br /> ,,r,�„;; e; m��.ke any acc�mmodations v.-ith reg�rd to the tertns of this Security Instrurnent or the Note without that Bortower's
<br /> �,,� �?4 con�e�t.
<br /> ��`� �� 13. d_oan Ch�rges. if tfi� loan secured by this Security Instrument is subject to a law which sets maximum loan
<br /> '�; '" { charge,.and tnat law is finally inrer��re�ed so that the int�rest or other loan charges collected vr to be collected in corncction
<br /> ,�. ; u ith ilie !am esceed tf�c rennirted limits,then: (a)an}' :uch loan charge shall t>e reduced by the ame�un;necessa,y to reduce
<br /> �"'i;�iI?1 G
<br /> � ;, trc ch•arge tv t�tie pcmii;ted limir, and(b)any sums already collected fmm Eorro�ver which exceeded prrniitted iimits�.�•il! be
<br /> ���;+ refu�ded to Borrower. Lrnder may choose to make:his refund by reducine the principal owed under the Note or by rnaking a
<br /> ,'�,,��� di;ect paqrnent ro $crrmver. If a refund reauces principal,the reduction will be treated as a partial prepaymer.: witho:at any
<br /> ��b pr^pa}'mtnt charge uncier the Note.
<br /> ��,�,,,,,,� D4. ^:�tices. Any notice to Borruwer p�ovided for !n lhis Security Instrument shall be given hy delivering it or by
<br /> �..''��,�� mailin�it by first class mail unless applicab!e law reyuires use of���uther methal.The notice shall be directed ro the Proprrty
<br /> ��x� .�d3sess or any other acdress Eiorrower designates by nntice to Lender. Any notice to Lender shal! be given by first cfass
<br /> ���=�°°' Anaii ro Lender's addrzss stated heccin or any other adciress C.ender designaces by notice to Borrower. Any notice pravided for
<br /> �., .
<br /> in Ehi� Security lnstrument shall be deemed to have been grven to Borrower or Lender when given as provided in this
<br /> ' ..,s�.- p paragrapn.
<br /> � ' l5. Governing I.aK; Several�ility. This Sccurity Insirument shall t>e governed bv federal law and the la��� of the
<br /> ��'�`. jurisdiction in which the Proper.} i�lo�ated. (n the event that am provision or clausc of this Security Instrument or the Note
<br /> ��4� cor,flirtti�.tiith applicahle L•iw,such cunFlict shall not affect other provisions of this Security Instrum^nt o+ the Nrne which can
<br /> `+"�•:�,� he eiven ef;ect witnout the confiicting provision. To thi� end the provisi�ns of this Securi.ry Instr�ment and the Note are
<br /> �"��� declared to be�everab;�.
<br /> �.�'� P6. Bor�-oaer's Copy. 3orrower shall be given one confonned copy of tiie No,e and of this Security Inctrument.
<br /> 17. "I'ran:;fer uf the Yroperty or a Benei�eial [nterest in F3orrower. If all or�ny�art of the Property or any intcrest in
<br /> it is sold or tr�r.sferred (or if a beneficial interest in Borrower is soid or transfermd and Borrow�er is not a natural pcnon)
<br /> ����'tk witfiuut Len�lcr', prior written consent, Lendcr ma��, at its o�?tion,reyuire immediate payment in full of all sums secured hy
<br /> �, this Security Inswm�nt. 1{owever,this o tion shal� not be exercised b Lender if exercise is rohibited b federal law as of
<br /> �.�, ;{ F � Y P Y
<br /> t �"'�%`M� t�:e d:tte nf thi�Security Instnimcnt.
<br /> �� �'� !i Lender ctiercises this option, Lender sha(I give Be�rtower notice of arceleration. "fhe noticr shall provide a pericxl of
<br /> noe IcsS th.;n 3Q d,rys fmm the date the notice is delivered or mailed within which 8orrower mu�t pay all sums securcd hy this
<br /> Security fnsinimeni. lf �3:�rrower fails to p�y tiiese sums prior to the expiration eif this periocJ, Lender may invoke any
<br /> remedi«Fkrrr.itted h��thi�s Securit} lnstrument without furth�r notice or dcmand cm E3o�TOwer.
<br /> 18. (i��rruaer's Ri�;ht ir� Keinstate. If Borro�ticr meets certain �onditions, I3orco�ccr shall have the right t« ha�e
<br /> ' enfnrcrment of this Securiry (r,strument discontinued at any tirne �rior to the earlier of: (al 5 elays (or such other pericxl as
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