__ ._ __ _ _____ _ _ __ _.._____ __ _ _
<br /> . r_.;
<br /> , 93� sas42.�
<br /> cop�tmn�tion or ott�er��kin�of�ny p�t ot th�Property.or far canvey�uxwa in lieu ot condunn+�tian,aro hareby a�i�nod uid
<br /> �tul�ba paw a t.enuer.
<br /> tn d�e event of a tot�l tdclnj itP ihe Proparty. �ha proceeda�hall;b4 upp�iod ta Iho sums �ecurcd by thi� Secu�iry
<br /> Insuument�whed�r or not tlxn due.wlth�ny oxoe:s pRid to Bomower. in Iho even�,pf.�p+nid u�kinQ oP�tro Nrq�erty 1n
<br /> which the fitr nwlcet vNuo 4f,th0 Proparty immodi�tely 6efore thc uJc�ns is eqwl ta ar,grqete�thm the amount uf�he aums
<br /> �ecuiv.d by thi�Secudty lnst�u�lstnt.immedi�tely bcforo the tAlcing,unksy&xrower pu�i[.cndcr aherwise Agree in wri�in�.
<br /> the suiuw icecu�rd by thi�So,catilr.inwtument Fhall be reduced by�hc omount of tlx,p�cCds.mulliplied by the following
<br /> i tnx�tian: (al tha toW�tnuunt af the sum�socwad Immodi�tely before the takirg,divldpd,by.Ibl.th4�t3r�S�l�a�ket vduo of the
<br /> � Pm}+eny irnmedietely betorc the akfn�. Anp•b�lwue Rlwll be paid to Bcxrawer. In,the evant�of.a�1ial taking of thc
<br /> Pmp�ty in whlch the fair mulcet v�luo of tt�Pmperiy immsdiately beforc[hc ulcin$.is,ta�s Ih�.thc,.am�wnt.af the sums
<br /> ' iacur�ld,l�nmedi�iely befaa the taking. unless Bornnw�i ar�,Lender dherwise agme iq wriNng or unless app�iR�b1A IAw
<br /> �rj�p p�qvidts.d�e proceods clall be�pplied to tbp swq►5.aecurod by this Secu�iq�JnStsu�Gqent wUether or npt�t4a,aupp,y,�ro
<br /> Ihoa,�iq0•. .
<br /> IP tha.ptqp�tatyr��S,�Wndonal by Bomower,o�.if.aRAr•n4tice by l.ender to Barrower�hat the condemnor oftets,ta,t+l�IWe
<br /> u►Awud or,aeitfp#C�im�fc►r d�mages.Barmwer fail�ta nespond ta LaJn�eK withfn 30 dnys aRer the dute tha notice is giren.,
<br /> Lender is authAtitbd,tq.rulk,ct nnd apply the p�x'ue�,.ui its uptiun,eitlMtx ta.restar�tiun.x repair of the Property or tq th�
<br /> wu�►4,eocurcd by this Sdcv�tily+�ts�nunent,whether or not then dae.
<br /> Unloss Lender�)�HrnmK'ax atherwise agr¢e in writiag.Blly A�I(CAI�MI OP,prqcceds�to principai shall not extond or
<br /> pqstpono the duo dato oP,thq rr{pqthl��puyments referred ta In paragraphs i nnd 2 ar cliu►yre the�mount of such paymenis.
<br /> Il. Borrower Not R�Aadi ��+'AUa� By I.ender Not a W�iver, Extension of tbe time for pnyment or
<br /> modificatian of rmortiratian of,tha sums secuted by this Security Instrument grnnted by Lender to any.succesxor in imerest
<br /> of Borrowcr shall not operatF tq rckase the Uabiiit��of the origlnal Borrower or Borrowerk succexsors in lntenest.Lender
<br /> th�ll�nat be roquined w commeoce prucee4i�guu�wnsranY succes.wr in interes� or refuse to extond time for pay�ent or
<br /> otht�wise modify amattizatian of tfx sums s�u�i by tflis Sae�rity Insaument by rcason of any demand made by the esiginal
<br /> [�cnmwer a Bcnmwpr's suoc�sas in inte�test. Any forbe�raoee by Gender in exer+eicing any right or remaly shall nat 8ie�a
<br /> waivor of or pt+�c4Kie�the exe�is�:af any right ar remedy.
<br /> 12. Suooeworp wtd�Ass�a�Bound=Joint and Several I.lability;Casigners. The coveaants And Agreements of�his
<br /> Security Insitument�sh�libind w�d benefit the successors�nd assigns of Lenderand Bcm�wer,subject to the pmvisions of
<br /> paragrnph 17. Bamwar'�covrna�ts end agreementx Rhnll be joint ond severnl.Any Borrawer who co-signs this Security
<br /> Instniment but does not exacute itK Note: (a)is casigning this Security Ins�rument anly ro mortgage.grant and convey that
<br /> Borrower's inte�est ia�he Fmp�erq�under the terms of IhiF Security In�tniment; Ib)is not per�onally obUgated to pay the sums
<br /> sccurcd by�his Securiry lnstrumenl;end(c)ugrecs that Lender and uny other Barrower may agree to extend,modify,forbeur
<br /> � or muke any accamunoda�ians wl�h regard to thc tenns of this Security Instrument �x Ihe Note without Ihat Bormwer�i
<br /> consent.
<br /> 13. Laan Chor�es. !f dx lonn secured by this Securily Instrument is�ubject ta u law which sets msizimurt+ loan
<br /> c6ufies,and U��t law�s finally interpreted so Ihat the intarmt or other Iwu�chArgos collected or ta be collected in connccdon
<br /> wilh Ihe loan exceed the pem�itted limits.then: (al any 4uch loun charge xhull be reduced by the amaunt necesgary to reduce
<br /> the charge ta the pem�itted limit;and(b)any nums utready collected from Bormwer which exceeded pertnit�ed IimiW will be
<br /> �funded to BarroWer. Lender may choose to make this rcfund by reducing the principul owed under the Note or by moking u
<br /> di�ect payment ta.8arrower. lf a refund r+educes principul,the reduction will Ue�reated ac a punial prepaymenl without uny �
<br /> prepayment charge under the Nate.
<br /> l4. NoNces. Any aoticr ta Borrawer provided Por in this Sc�:urily In�tNinent sh�ll be given by delivering it or by
<br /> m�iling i1 by first class mail unless applicuble luw reyuires use of onother methad,The natice shall be directed to tha P�openy
<br /> Add►ess or ony other address Borrowe�de�ignates by notice to Lender. Any notice to Lender xh�ll b�.given by fir�t cluss
<br /> mail to l.ender c addre5s stu�ed hercin or any other uddr.s:Lcn�cr designutes b,y nntice to Bomower. .Rny notice provided for
<br /> in this Security Ins�tument xhall be deemed to huve been given to Borrower or l.ender when given ux provided in thix
<br /> P�BroPh•
<br /> 1S. Coverning LAw: Severability. 'tliis Secu�ity Instrument shull be govcrncd by federul law s�nd the law af the
<br /> jurisdictfon in which the Prapeny ls located. In the even��hat uny provitiion or clauu of this Seruriry Inytrument or the Note _
<br /> confliets wieh upplicnble law.such conflict shall nnt af'tect other pmvi,ianc of thls Security In+trument or�he Note which can -
<br /> be given effect withou� the contlicting pn�vision. To�hix end the provixionx nf thi�:Security Inxaument nnJ�he Note are
<br /> declared to be sevecable.
<br /> llfi. Borro�ver's Copy. Bor►ower shull he given onc confiirmed rupy of the No�e und oF�his Security Instroment. -
<br /> 17. 7hansler oi the prapeMy or A BeneOciul Interevt in flwrower. If all ar any pan of thc Propcny or any interetit in -
<br /> it is wld or transferted(ar if u beneficlul interest in Bomiwer i.sold or�runafemrd und Barmwer ia no�a natural personl
<br /> without Lender's prior wriuen consem,Lender may.ut its option,reyuirc immediutr payment in fuN of all sumx sccurcd by
<br /> this Security Instrument. However.�hix optfon shall not he excrciscd by Lender ii exerci�r i.prohibited by fedeml law a+of
<br /> the dato of�his Securi�y Instrument.
<br /> If Lender exerci�eti�hix option,Lender�hull give Burrower notirr of ucrelerution. Thc notice stwll provide a pericxl of
<br /> nW less th�n 3A days from 1he dute the no�ice is delivrred or muiled within�vhich Burrowcr mu.t puy all sumti,erured b��Ihis
<br /> Security Inswment. IP Borrower fnilx to pay �hc+r xums prior tu Ihe expirutinn of thix period. Lcnder muy invoke any
<br /> �emedies permiued by Ihis Securily Instrumenl without t'unhcr noticr or demanJ on Horrowrr.
<br /> 18. Borrvwer's Right lo Reintetate. If Borcowcf mccl� certuin ronditionr, Bc�n��wer •hall havc Ihc right to huve
<br /> enforcement of this Security lnslrument di�onlinurd ut•rny time prior u�the rarlirr n1': I:il S d�yti lar.uch o�her pericxl u, _
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