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<br /> conde�uucivn or an�r r�kla�oP�ny p�n ot�he Propeitr.ar rur convey.noo In uw of c��tfon..n hatiby.a►i�nea.na
<br /> �ull be pid to L.cnder.
<br /> In ihe event of� taW ukinj of ihe Pnoperty. the pmceed��hdl be Mp�ptied a the wm�irecueed My this Secwky .
<br /> In�aumrnt, whetlw'�a nat that due. wi�h�ny oxcess pdd to 9or�awer. In the event of a portitl taWn�af iha Pmperty in '
<br /> whkh the fair m�ulcat v�lue of�he P�apeAy immodiuely beforo�ha t�kin�i�egual to or ane�te�th�n�he�naunt nt tiie sun» '
<br /> eecurod by this Security ltulrun�ent imrnediwtcly beforc tho taking.unlese Bomowcr and I..ender dherwiae�grcc in wrlt(nj,
<br /> the�um�socurod by�his S�cudty Insaument rhall bo reduoed by the�mouM of the p�r�ecde multiplied by�ha fulbwln�
<br /> fnction: (a)ihe totpl unount of tia suma �ocw+ed immediuefy bof�ro tha t�kin�,dfvlded by Ib)tbe t�{r muicet vdue af Iho
<br /> -- ---� Pmperiy immedintcly before the tnkiog. Any balance shnll bc paid to Barrawer. In the event of a partiul taklna of thc
<br /> Froperty in which the f�ir madcet value of Ihe Propersy immodiuely befom tho laking is kc�lhon the amount of tNe�
<br /> eecurod immodhtcly before the alcing�unless Bwmwcr and Lendcr otherwfso wgrce in w�itiog or unlea� applic�blc I�w
<br /> othervvisc prnvjdes.tlio proceods ehall ba applied to�he wuns securod by thia Secu�iry Inotrumont whctber or na�ho wms iva
<br /> then duc.
<br /> If the Ptope�ty ie abAndoned by Borrower,ar if,�fler noticc by Lendcr to Borrower that the condemnor ofiers to mwke
<br /> --� — _�-- su�awacd or senle a clairn for demages,Borrower fails to respond to Lender wi�hin:�0 days.fkr�he dAte�hc nntice iR given,
<br /> t.ender is a►�thorized io collect w�d apply the proceeds,pt its aptiap.oiU�er w restor�wan a rep•air vi'Il�e Property or to Uw
<br /> aums s�ecwed bar rhis Secu�iry Inst�wnenl,wpether�r not then due.
<br /> � Urdess I.er�der aad Bomower otherwi�e agrce in wri�ing,any applicutio�of procceds to principal shall oot extend a
<br /> -_ pastp�ne t6ce due date of tho monthly paymenta rcferned to In pa�graphs l and 2 or change tAe amount of such payrt�ens.
<br /> �At.Barrower Not Rek�sed: Forbeoraace By I.eader lYvt a WiiWer. Batension of the ume i'cx peyment or
<br /> "�"— modiE'eewion of amo�ization oi the sums securcd by�his Secunity Instrument granted by Lender to any successor in intercst
<br /> of Barrower ahall na operato to release the liabiliry of Ihe original Borrower or Bormwerk successas im intercst.Lender
<br /> — shall not be required to comme�ce praceedir�gs against �ny successor in inter+est or rcPusc to extend time fur pa.,munt or
<br /> ��`� othervvise madify amortization of�he sum�secured by thi�Security Inslrument by rcason of nny demaod made by the original
<br /> -° F'�,�� Borruvr�r or Borrowerk successats in inten�st. My i'orbearar�cr Dy Lemler in exerclaing any ri$ht or rcmedy ciwll not bo p
<br /> wuiveu dor preclude ihe exer�cise of any right or remedy.
<br /> '• 12 Swecescars And Assigna Bound;Jo�ot�ad Severai l.iAbility;Caslgnera. The coven�tts aod ugreemen�s of this
<br /> `'n Security las�hua�rne yhall bind and benefit the surcesso�s w�d assigns of Lender tmd Bonox�er,wbject to Ibe provlsions of
<br />_-__ ___ _ __ aurnaraph 1?.8�nowerk covenunls and agreemems shull be joint aad severa9.Any Bamowe�who co-signs this Security
<br /> - Instn�rnew��x daes�ot execute the Note: (a) is co-sigoing this Security Insarua�ent only t�mongage,grant and convey that
<br /> �� � Bamwer� interest in�he Propeny under the terma of thls Securih�Gnstrument; (b)is not�rsnnally pbligated to pay the sums
<br /> :.. secured by thie Security Inswmenr,and(c)agreeg that Lender and eny other Borrower may�,�ree to extend,modify,forbear
<br /> or mako Any accommodationa wilh �gurd to�he ternis of thia Sec:urity Instniment or the Note without that Borrowor�a
<br /> consent.
<br /> 13.Lam C6a�es. If the ban secured by this Secu�ity Instrument is subject to a law which sets rnaximum loan
<br />_ _ chorges,end that Inw is finally fnterp�ted so thet the interest or nther loan charge.�collected or!o hP eollecM'd 3n conntctic�n
<br /> � wilh the loan axceed tbe permi�ted limits,then: (a)any such loun charge shall be reduced by�he emount necessery to reduce
<br />°° � p,�4;;� , the eharge to the permitted limil;And(b)any sumx ulready collecta�d from Borrower whlch exceeded pennitled limits will be
<br /> ' refunded b BoROwer. Lender muy choose to make thiK r�efund by reducing the principal owed under the Note or by meking a
<br /> • � direct peyment to dortower. If u refund neduces principal,the teduction will be treated as a paniul prepayment without any
<br /> '�(j - prcpayment charge under the Note.
<br /> ;' r �� � ; 14.Notkes. Any notice to Borrower provided for in tbi� Security lnstrument ahall be given by dcl±vering ft or by
<br /> � `��� �����'��:f � mailing ii by firxt claxs mail unless upplicable law rcyui�+es use af another method.The notice shall be dlrected to the Prapetty
<br /> ,'��'�+'� ° Address or an other address Borrnwer desf nutes b no�ice ta Lender. An notice to Lendcr ahall be iven b fint class
<br /> � ,;.;•, � Y 8 Y Y € Y
<br /> _ mail to Lender:s addresa s�uted herein or any other addrexx l.ender Jesignute,by notice to Barrower. Any nc►tice provided for
<br /> .�� .
<br /> in thix Security Inst�umem tihull be deemed to huve been given io Borrower or Lendcr when given As provided in this
<br /> �� � ,'��� ' P�g1S Gore�ning Law; SeverabilNy. Thix Security Instrument shall be govemed by federul Inw u�d the Isw of the
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<br /> ���-•w.-n�� juris�liction in which the Propeny is Iceuted In the evenl thul any provision or clouse of this Secu�ity lnstrument or the Note
<br /> :��'tt��i���;i�'. 3R.:, conflic.ts with upplicuble luw,such conflict+hull nut uffert other prrnisians of this Secudty Inslnamen�or the Note which cnn
<br /> - =�x"�' ��"� ' - be given effect �vithout the conflicting provlsion. '[h!h+.Q!'!!� thP pm�}�ions�P illi9 Ser�srity lnstrument and the Note are _
<br /> • �,,a. ,,,.. ,.; _ declored io be severnble.
<br /> .��?'�:.;,;•'_�,. ;':'�' 16,Borrower's Copy. Borrower shull be given onr conformed copy of the Note and of thir Security Instrumem.
<br /> ����'w��,Z�;x. �:° ,.- 17.'I�ansPer oithe Property or e 13eneficial Interest in Borrower. If ull ar uny part of the Property or ony interest in
<br /> ��;�;`h^;;'•�;,"'_' • it is sold or uansferred �or if u bc�neticiul imentil in Bomowcr ix xold or trunsfem;d und Borrower i�not a nutural person)
<br /> � ' ��:,.�, witP+ciut Le��der's•prior written con�ent.Lender muy,ut its�►p�ion, rryuirr immediule puyment in full of all�ums secured by
<br />' '�° �"'`°•�•'• this S�writ Instrument. Howcver,this o txx�xhall na be excrcised b Lender if cxercixe is mhibited b federul luw nx of
<br /> y P� Y P Y
<br /> '`"`�`•}t�• ��` '`�` theduteofthixSecurNy Insirumern.
<br /> � '�� ^�':.. If Lcnder excrri�ex thix optian.Lend�r�hall givr Borrowcr natire of uccelerution. Thc nntice shall providc u period of
<br /> -x Y` � '' " na less Idan 3l1 days fnim Ihe dute�hc�notire iti dclivered or muiled wi�hin which Borrower muxt pay nll sums secured by this
<br /> �� �,�.,�,-��'.•�� '"r'�`� 5ecurity Inxtmment. If Borrower fuils tci puy�hc+c xums prior to�hc cxpiration of�hlti periad,l..ender may invoke any
<br /> `�+. remediex permitted by Ihis Security Intilrumcnt wi�h�wt 1'urthcr ndice ur dcmanJ on Bormw�er.
<br /> = ' . '. ' 18.Borrower•s Right to Reinslate. If Born►wcr meetz rcrtnin condition., Borrowcr �hall huve �he riFht �o hove
<br /> •� •;_;, enforrement of Ih1s Securi�y 6ititrumenl dikorninueJ ut uny time priur to thc earlicr of: (i+)S dayti Iur tiuch o�her period us
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