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<br /> ---= �aa cr odrer dciqg 6t�ny p�t of the Ptape�►;arfar�oonvCyax�e ia lieu o�ca�denn�an•a�e 6ereby acai�ned and . .
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<br /> � In dre event of a total �kin�of d�e Propec'ty. the pmcads si�l!be applied ta the sams secured by this 5ecvrity
<br /> �L�t[umpK,whedia or nol�hen due.with aay`excesa paid W Bortower. in the cvrnt of a�utial tatcing of the�ropeay in�
<br /> whkh the faif mulcet value of tha FroperEy immediuely befae the taicing is equal to or greater tl�n tbe amount of the surt� � :°
<br /> ------ .......h•a� • . • ' nne tha_tal��anles� s Borrower aod lxt�dec atberwise agccc in writing.
<br /> - �.:o�.�..,:s --
<br /> the sums secund by�thi�Sewuity Ins�ment`shaU be teducod`by ttse amouin of the p�ocerdf—muThpi`ie-dby�t fl�q o owing--
<br /> �fnctia�: (a�tix tatal unq�u�t of the sams securcd immedia(eiy befozr the taking.divided by tb)ahe tair matket vu[ue of the ,
<br /> p��y����y�foc�e the taTting, Any(�Iapce shaU be paid to Borrower. In the`evrnt of a parti�l t�king of the
<br /> - property m which the fair muket v�lue oE th�:�ropeKY►m�iately befori�t�t�tcing is less than the;unamt�of Me sums
<br /> • secu�ed.urtmediately beforc the talting.unkss Bamower and Lender ahecwise agree in writing ar anless appiicabk taw
<br /> ' othe�wise p�ovicks.the pcnceeds shail 6e applied tathe sums secured by tfis Securiry Instrument whether or not t(ie sums a�e
<br /> thrn due. . . ' � .
<br /> If the p�+nporty`is�b�nda�ed by Iiomnwer.or,if,after natice 6y Lender to Bortower that the caidemnor offers to make
<br /> 'au awacd ar satle a rl�im for damagac.Borrower f�i1s to zespond to Lender within 30 days after the date the iwtice is given.
<br /> l.endtr is aottiori�etl w oollert and apply the�roceeds,az iu optia�,either ta restaation or repair of the P�uperty or ta the
<br /> sums secut�ed.by this Saluity tnswmen�whethar ar not d�t due.
<br /> tJnkss Lender aad BoROwer otherwise ag�ee bt writiag.any appiicatiart of peocxds to principat shall not eatend or
<br /> postpone tbe due date of the moathlY payrt�rnts�efemod eo in paragraphs t and 2 or change the amount oi snch payments.
<br /> � 11. Baro�a Not�ed; Forbarance By l.eeder Not a Wsarer. Extension of�tf�e ame far payment or
<br /> � modificatiort�f amotitizaticx�o€tl�e s�uns secused hy this Se�riq',lnstmment grantai hy l,ender to an r�successar in interest —
<br /> - of Bormwer shail not operate to retease ese'iiability af thc orrginal Borrower or Bnrrowers successors m interes��.en�r
<br /> sha11 aat be�oquired ro commence proccedings ag��anY successor in intenest or�fuse to eatend time for payment or
<br /> odkrwise modify amortiaation of the sums secuced by tLis Security Insmiment hy reason of any demand made by the original
<br /> g�w��go�+nwer�s�esso�s iq intenst. Any fi�fiearanc�by l.erder in eaercisiag any right ar temedy shali nat be a
<br /> ` waiver of or prcelude thceae�ise of an}�right or nrt�edy. ,
<br /> 12. S�one�sors a�d A�Baund's�O�A�9NI S!YlA1 Ld1b�t9;Co�. 'ih�covenants and agroemerrts of this ..
<br /> Security Instnaaeoc�6ind and benefit the successors and�ssigns of Lender and Bormwer.subject to tt�e prov�s�ons af
<br /> ' �ph 17.�BamwerS coven�nts and agreements sl�ap be}oint and several. My Burrower who co-signs this Security.
<br /> Insmanent but daes not eaecute the Note: (a)is co�ignin�this Securiry fnstrument anty to mortgage,grant and convey that
<br /> Rormwer's interest in the Propercy under the terms of this Secvrity Instrumer�� (b)is not personally obligated to pay the sums
<br /> sec�u�ed�y t1�Is Securiry Instrumer►�aad:fcl�S�thae Lender and a�►y othes Bocrower may ag�ee m extend.madify,forbear
<br /> ur m�ke any accommqdations with rega.�si�co the tem�s of this Servmy Instcum�nt or the Note without that Borrower's
<br /> ca�sent • - , . . .
<br /> l3. La�n Cha�ges. If the toan's�zcured by this Security Insuumeat is subject to a iaw which sets maximum loan� .
<br /> charges,and that law is finally interptet�so that the Ar',:..�rese or other[oan chacges collected or to 6e collected in connection
<br /> , • 'witf�the loan ezceed the petmitted fimits,then: (a)asog s�sh ioan chacge sfialt be reAuced by the amount necessary to reduce
<br /> the cbarge to the pem�iued timix and(bl any sums a]readY wllected fcam Borrower which exceeded petmitted limiu wiq be
<br /> refunded to Bamower. Lender may,chaose to make this refund by teciucing the principa�owed under the Note ar by making a
<br /> -- di�ect paymemt to Barower. If a refund teduces principal.the reducuon will he meated as a partial prepayment withaut any �
<br /> - prepayment charge under the Note.
<br /> 14. Noticea Any ttotice to Borrower provided for in this Secnrity lactruma►t shall be given by delivering it or by
<br /> ' mailing it by Grst class mail unless applicable law requues use of another method.'I4ie notice shatl be directed to the Pmperty
<br /> • Add�es,4 ar any other address Borrower designates by notice to Lender. Any notice to Lender shall be given by fitst dass
<br /> - ` . mail to L.erider's siddress stated herein ar any ather address l.ender desi�iates by notice to Borrower. Any notice provided for
<br /> d
<br />" ' in this Security lnstrument shal! be deemed to have becn given ta Bnrrower or Lender when given as provided in ihis _
<br /> �?�S�Ph
<br /> 18. Governing[.aw;Severability. This Security Instrument shall Ae govemed by federal law and the law of the _.
<br /> jurlsdiction in which the Property is lacated. ln the event that any psovisian or ciause of this 5ecurity Instrurnerit or the Note _
<br /> canflic�c with applicabte law.such conflict shaU not�ffect other provisionc of thiti Securit�Instrument ar the Nate which can
<br />' he givcn e61'vct w�thout the conflicting provision. Ta this end the prnvisions of this Security lmtrument and the Nate are _
<br />. declared to 6e severable. ' � _
<br /> _-� 16. Bo�'ro�rer's Cq�g Borrower shali be given one conformed copy of the Note and af this Securiry Instrumem. _
<br />.'�;� lT. 71ra�5ter of tire�a'aQerty o�a Rene�iciai Interest in Borrower. If AI[or any part of the PropeRy ar urry interest in _
<br /> it is sold ar n�sferred iv!�'sF a beneficial interest in Barrawcr iti tiold or transfeard and 8arrower iw nat u nataral penon)
<br />- without!.�'s prior writsen consent,l:ender may.ut it�optinn,r�uire immediate payment ia full af all sums secured by
<br /> � this Security lnsttumen� Howev�r.tres o�tian shaU not be exeniseG by Lcmder iP cxcrci�c i�:pres�!ibited by federal law a.s of =
<br />:= r thc date of this Security Instrument. . =
<br /> (f L.ender cxercises thiy op�ion.Lender shall givc Borrawrr natice of acceteration. 'fhc notice sh�ll pcovide a periad of _
<br /> not less than 30 days from the date the notice is delivcred or mailed within which 8�rrawcr mutit pay all�ums secured by this
<br /> Security lnstrumen� lf Boaower fuils ta pay thcse sums priar to the expirati��n c�f Ihis peri�+d. l.cnd�r may invoke any
<br /> remedies permitted by this Sccurity lnstrumem withaut funher notice er dcmand on B�►rrower:
<br /> 18. BorrovYer's Right to Re�nsfate. lf 8orrower mertw certain ronditivns. Borrnwcr�hall Qave the right ta have
<br /> enforcement of this Security Ins�tument discontinuecl at any time prior ta the earlicr of: 1�)5 day�lor�ucb other period a5
<br /> • Singlel:imify..i'aoekSlaelFseddkllarC�tYOR�tl\�TRU�1E�"f-•t�niformCorcaanh 9I90 Ipuce4oj��/u�xe��
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