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<br /> candaaa�tlon or dher takin�o[rny put of�he Propeity.a ior oonvayuae in Ifeu ot condemadlan,a�e ha�eby wip'ad�nd
<br /> �h,tii be p�W to I.aider. �
<br /> In the avent of�to1a1 tdtin� ot iha Property.tNe�u+nceod� �II bo �pplial w tha wrtn ircurod by �hiu Sec�utty
<br /> Insu+unen�,whaha w nw dbn aue.wlth�ny exceu p�id to Harower. In�he evax d'�puti�l uilcin�ot tbeHt�e�y in
<br /> whkh the f�1r�nwket value ot tho P�vp�rty immedi�tely bcfae lhe talcin�is aqwl k►ar�ter tiwt the�mouM ai the wna '
<br /> �ocurod by thia�ecuriry Inawn►ent imrt�edf�tely beforo Iho Iakin�.unku Barower and I.ender diicrwise apee in wtitin�.
<br /> the sums�ecuml by thh$ecwity lnspument �h�ll be rcducod by tho amount of'lhe pr�ceoda muUiplkd by thc folbwin� ,
<br /> fraction: (�l�he��ot tha wau�ecwed immodi�tely befaro the taking.dividod by lb)the fdr mitkat value of Ihe
<br /> Ptvpeny liamodiately befarc tho Wcing. M�balaoce�hdl bc paid�o Bamwe�, ln �he avent of�putid ukin�of�ho
<br /> _s P�+nperty G►whkh tbe fair awrkat value of�ho Praperty immediuely lnfa�c the laking i�Icss thpn thc�t oP the wms
<br /> �ecural immediately befare�he takin�, uniess Borrower and L.ender aherwise ogroe In wtiling or unle�s�pplicabk I�w
<br /> ottrcrwise povkka,tbe piac�eeds�h�116e�pplled w the wms cecwed by Ihis Secudty Insuumenc whaher or not the wm�ae
<br /> �duc.
<br /> � lf the Property�S nbsRd�xted by�wer,or it,afta ttoticc dy l.cndcr ta Bart�ower�hat the condemnar of�en+to m�lce
<br /> ui award or senk a claim fix d�ma�es,Boaawer faiils to resp�nd ta 4ender within 30 doys afler tho date the notica is given.
<br /> I.cnc{er is authorinod to cofkct and appty the poacoeds.�t it�apian,either to mstoretion or repair of the Property or w the
<br /> wms soctued by ehis Socurity Instrumetu.wheiher ar nw Ihen due.
<br /> Unkss l.�nder wxl Barrowet dherwiso Agree in writing.any applicutian af proceeds ta pdncipal ahall not eztend ar
<br /> pnstpone the due d�te of tho monthly payme�ts refertod to in puqga►phs I and 2 or chenge 1ha omount of such payments.
<br /> 11. Borrowtr NM Rekased; Fotbqraaoe By l.qtder Nat A W�iver. Bxiension of�he Ume for paymrni �x
<br /> modlflcation of Amortizatian of the sums sccured by�hia Security Insuument grc+nted by Le�der to any successor in inte�st
<br /> of Bomower shail nc�t operate to rekase the It�bility oi�he ariginal Barower or Borrowerh successor�in intenest. Lc.�nder
<br /> shall not boroq uirod to commence pn�ceedings against any sucassar in interest or rcfuse to eatrnd dmo for payaaeat a
<br /> -- othenvise ma�iPy amonization of the sums secured by this Sccudty Instrumem by reason of any demancl mAdcs by die�iu�b
<br /> -_ Bcxrower ar Bomawer�s successors in intcrcst. Any farbe�ranco by l.encler in cxercising any right or rcmody sb�al!aac be a
<br /> =_�y waiver of cx preclude the exercise of any r�ght or remedy.
<br /> 12. Succes.sors and Assigns Bound;ooint a�d SeverAl l.labflity;Co-signeng. The covenants und ugnevnx�uc.�af this '
<br />'.f�i Security ingtrument sF�all bind and beneiit the successo�s and assigrts af Lender and Bortuwer. subject to�he pmvisions of
<br />:`� paregraph 17. BaROwer a cavenants and ugreements shall be jaint and scverul. Any Borrower who w-sig�ts this Securiry
<br /> lnswment but does not execute the Note: (a)is co-signing�his Security I�stniment only to mortguge.gr.u�t and convey�hat
<br /> _ Bomowerk intercst in�he Propehy under the terms of�his Security Instrument; (b)i�nat personally obligated�o pay�he sums
<br /> .�': securcd by this Security Instrument;and(c)agrees that l.ender and uny other Borrower may agree to extend,modify.forbear
<br />--�`��1' or make any uecammadAtianx with regard to ihe ternis of�his Security Instrument or the Note wilhout that Borrower�s
<br /> _:;;, consent.
<br />�';:• 13. Loan Cha�es. If thc loan secured by this Sccurily Inslrument is subject to n law which sets muximum loan
<br />. churges,nnd Ihat law�s finally intetpre�ed sa that the irnerest ar other loan chsuges collected ar to be collected in conncrtion
<br />-� with the ioan exceeci�he pem►itted Lmi�s.ti�en: fu)any such iuun churgr.i�uii br�c,fu�:cYi by�a�in�uot►�essary ia reduce
<br />-�' �he chnrge io the permltted Ilmit;und(b)�ny xums olrendy callected from Borrower which exceeded permitlecl limils w[II br
<br /> � �A, rofunded lo Bormwer. Lender may choose to make�his refund by reducing�he principul owed under Ihe Nate or bv mnhing a
<br /> �ft��. direct payment to Borrower. If n rciund reduces principal.the reduc�ion will he aeuted as a panial prepuyment w��hout any
<br />-_ ' ,:' prepaymen�charge under�ha Nate.
<br />- �,p--,-,— 14. Notices. Any natice ta Bartmver pmvided fcx in this Security lmaument rhall he given by de�Nve�ing it or by �_
<br />- �1.5}Y �.� mailin g it b y 8rst clASS mail unless n p plicable IAw re q uins uxe of unother method.The notice shull be directed to the Propeny
<br /> „.�����; �.Ty� Address or nny ati�r address Bormwe�dexignu�ex by notico tn Lender. Any noUce ta I.ander shull be given by first claxs
<br /> _ •��� .�ti• mail to l.endcr i�address xtoted he►ein or uny othcr uddress Lender de�ignates by notice to Borrowcr. Any natice provided for
<br /> �ti in this Security In��n�ment shnll 1►e Jcamed to have been given �o Bormwer or Lencler when given+u� pmvided in this
<br /> r. �� •. �•.;• �.,:, �IS(:averoing Luw= Severnblllty. This Security In�trument .hull be gavemed by fedeml law and the law of the
<br />- Jurisdklfon In which the Pr+openy is locuted. In Ihe evem�hnt any pmvi�ion or rluuse of thix Security Instrumant or the Note -
<br /> '� � � - -k_ conSlicts wlth upplicable Inw,such conflict xhnll not�ffect othcr pro�•isions af�hi�Security Insirument or the Note which can _
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<br />- • �. ,,�; � ;��Y- .�.;�;,; be given effect without ttx�coMicting pruvir�ion. To thix end �he provisinnr of�his Securily Instrument u�d the Nae we
<br /> t+�t�,�:.��„���„r declared to be severable. u --
<br /> �"'.'} •'� � :��•��;-;,,�;�,:__ 16. Barrower s Copy. Bormwer shidl t►e given nnc runformeJ rupy of the Note und of thiti Securi�y Inatrument.
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<br /> ;�v'}�;�,;y�'�.•��", ,; IT. 7bansier of the Property or a Bencftcial Interest in Bnrruwer. It'all or uny part af�he Prapeny or uny interest in
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<br /> �s;i r�:,,�1_,�;,. it is sold or trunafermd(or if n t►eneficiul inlrnxt in Burmwcr i.wld or trumfened und Borrower is nut u natuml person) _
<br /> - •,,.�;,,:,,�t>.___ without Lender�p�ior wrinen conxent,LenJcr may,ut i�s�iption,rcyuirc immediutr pi�ymenl in full of ull xums xecured by
<br /> '�s' F:+"« %���"•�' this Security Inslniment. Howevcr,thiw aption+hull nu�Ixe escrci+ed by LenJcr if exen�ise is prohibited by federul luw us of =
<br />. "����;" '� ihe dete of this Security Instrumem.
<br /> - ��� '� � If Lender exercises�hix uption,Lender xhull give Borrovcr noiKC ui ucceleru�iun. The notice xhull provide a period of
<br /> .�:'•, .:•.� .. --
<br /> .- . not less Ihan 30 dayx fmm Ihe dule the nolire is drlivered or muiled within which Born►wer mu�t puy all tium.secured by this
<br /> ,�,r. ;� •�;,,���, � Security Instrument. If Bormwcr fuil� lo puy Il�r,� .ums prinr to Ihc expirution of thiti period, Lender muy invoke'uny _
<br /> �,,,.«:. .• remedies permitted by thix 5ecurity Inxtrumem without da�rther noticr ar demund un Burn►wer.
<br /> " � 18. Borrower's RiRht b Reinstete. If B�rro�ier �iccts rrnuin conditions, Borrowcr.hall have thr right to huvc =
<br /> �I �'�-=�� , enforcement of this Securiry Inxtrument di,r.�miniud s�z:my time prior 1�1hc curlier of: lu►S da�,��.�r,uch other p�:riud us =
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