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<br /> condemnatlan ar dh�r W►in�of any p�ut of�he P�vporty,or for convoy�nce in lieu of candenuwlan.are hercby rsi�ned and
<br /> �u ue owtd a t.ender.
<br /> !a the aveat.d R twal ukin�ot'the PropeKy� the procoed� rh�ll be ippikd w �ha wma secwed by Mia Security
<br /> ' Jmbuatent�whelber ar not tl�.iue.with�ny cace�p�id to Bomower. In tho event af�pprtial takin� of the P�'aperty in
<br /> whkh Iha fiir maicel vdue of Qu Property immediately beforc�he taking is equal co or Yreatn than thc amou�t of thc sum�
<br /> �acu�ed by this Security lnstrument imrtKdlatcly before Ihc ukirrg,unkss Bortower and L.ender otherwise�gnx in�vril[ng.
<br /> the wms socured by 1hi� Secudty Inatrume�►t shdl he roduad by the amount of t6e proceeds multip)kd 6y Iha fdlowing
<br /> f��ction: 1+�)thc toul amount oF 1ho wrtw�ecured immodiauly before tho t�lcing.divided by lb)the fair maicet value of the
<br /> ,,. :��.._.�, -__--� ,..._ pro,�y immodiwlely 6efbro 1he �aking. My bal�e ctwil be p�d to Barrower. In the event af a pjutiol t�king of Uw
<br /> proppty in which tho twir m�uicet vdue of the P►operty immediuely beforo�he Wcing is kss�han thc amount of tho wms
<br /> ircurod immeotiuely beforc tho tai�ing, unless Borrower and I.ender otlKrwise Agt+ee in writing or unlecs applicabla law
<br /> dhe�wlse provld�.tho�viceed�siall be�pplied to the wms ixwe�by thi:Security Insuument w1�c11Kr a not�he sums ue
<br /> tl�en due.
<br /> -� -�--- if tiro Pmperty is�bs�ndo�uyl by Bu�xuwer.ur if,nflar naiiC�by Le�r to���er th�t thc ca�dcmnar affar ta ma�kc
<br /> an#w�rd a sepk a claim for d�rtw�es.Barower fails w�+as{�md ro Lender within 30 days after the date�he notiao is;$i1�cn,
<br /> Lender Is Autltodzed to colkct u�d opply the procoods.at flc option.eitfi�r to restoraatian a rep�ir of the Pmperty on�the
<br /> wms securod by lhis Savrity Instnanen�whedxr or nd then due.
<br /> Unkss L.ender�nd Borrowcr othcrwisc agree in writing, any up liaxtian,of proceeds to principal a�lall not extand,or
<br /> poatpone the due date of the monthly payments r�cf�rnd�o in pw�graplis 1 ald 2 or change Ihe umount of such ps�ymMl�..
<br /> 11. Borrower Not Reks�ed� Forbearance By I.ender Not a W�Qver. Extan�lan oP �hc time for pqymont�ar
<br /> modification of ama��tion oi qtp sums secun:d by this Securi[y Inspument srantad�by�Lender to any suocesscn in�inte�rast.•
<br /> of Borrower shall nat operate to rakase�he liA6ility of the origina!Bortnwer or Bumnwar's successora in intarest,,Lcmdtt
<br /> = shall not be aquimd to commenoe procoadings agains�any successor,ie.iman�sl or r�efuse to extend tirna fnr p�tymont�ar� _
<br /> otherwlse modify amortizatlon of the suma se�.tip�vd by this Sa:uriry InwumGm�by reuson of any demand made by thp uri@indi�
<br /> Bormwer or Borrower's successors in inter�esG Any fabwrance by Lendar ln,exeraisfn�any right or rcmedy sh�ll�nat�be u.
<br />_ waiver of or preclude thc exercise of any�ght or reroady.
<br /> 12. Sroces�ors and Assi�as Nouad;Joint and Several�Lt�bilitN3��a•s�gners. The covenants and agreeme�ntu of Uii�
<br /> = Securiry Inu�ument shall bind�nd benefit the succe.csorx and ussigns af�Lender and Borrower,subjcet ta the pmvisians of.
<br /> _,��� paragraph 17. BoiroKar�s covennnis and agreements shall be joinl•and��.w�l,Any Borrower whn ro-signF this Security
<br /> Instnunent but does crot execut�the Note: (a)is co-signing this Secudly lnEuument only to manga�a.gmnt.und convey that
<br /> .•�. Bormwer�intercst in the�rapeRy under the tem�s of�his Security insuumen�; (b)is nat perfioni►II��obligated to pay ihe sums
<br /> �`" secw�ed by this Security Insl�urtrrnt;und(c)agrces tFiu�4ender and uny ather Borrower mAy•a��e ta extond.�madify,forbeur
<br /> ��;, or make any ac�commadations with regaM to the ternis of this Securily inurum�ntar�ha Nota withauhthal Borrowerk
<br /> = oonsen�
<br /> .� 13. l.oan Charges. If�he loon secured by this Security InsUUment Le subject to a Inw•whlcfi�sets miuimum loan
<br /> - -_ - rharges.�d sl�t!a�is f:s:a!!y iaterp:+eted so that stu iater�s os csl�rlss�t��ges collecsed or so 4�t wll�in.conn�ction
<br /> ; �s,,;r; �.,.� with the fc►an exaed tP�e pem�itted limits.lhen: (a►smy such la�claarge shuil be reduced by the amount�necessa�y tu re�uce
<br /> r;�•;�.�'�+s.' �he clu�ge tu�he permined limi4�nd(b)any sums ah+eady cullecs�e:i from Bortuwer whfch exceeded pem�inod limite:w�iil be
<br /> ,•3 �',,"��"rr' mfunded to Bmrower. Lender map chaose to mnke�his�efund by reducing the principal owed under the Note or by mwlcing a
<br />� ,�� �:�'�'._ •-_ direct payment to Bomower. If s�refund rcduces principal.the reduc�ion wilbbe treatod as a partial�repa��msM•withoui any
<br />_ ,.� '�`�`��,�` .. PrcPeY �
<br /> ,��.,,,:...,,•.: mentch e under the Nae.
<br /> \Sa �'�;`;�.�::,'t:�� 14. Notices. My notice�o Borrower provided for in�his Security� Instrumenl shwll�be gi��en•by delivering it or by
<br /> `* "' "����"�°"' = mailing it by firsl cluss mAil unless applicablc law rrquirec uu of unrnhtr m�thnd,Ti�e nrnlat sball�be directed to the Propeny
<br /> �' :�,.:,:.•., �..
<br /> ���, . `�" 'Addrcss or any other address Borrower designutes by notice�o Lender. Any nMice tu Lrnder�shall�be siven by tinct class
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<br /> � - mail to L.endera addrexs stuted herein or any other uddrrss Lender de.ignAto:bp notice to Burtower. An}�notice provided for
<br /> �., _ in this Secur�ty Inslnrment shall be deemcd to hnve been given ta SurmHrsr or Lender when gi�+cma�s pravided in this
<br /> a , i:r.�,.,--. �•- -
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<br /> . �.t.._.��.� � �r��� �1S Governing Low;Severability. 'Iris Sc��u�fiy Instrument ahAll�he�overned by federnl�1�,►v ruxl the law of the
<br /> � ''" ''° •'` junsdiction in which the Property is locnted. In the evem thu an��provision or clauxe of�his Security lnsttumeat or the Note
<br /> �`'��,`,.{"��� � eanfiids with a 6cuble law,such conllict shull no�affeci o�her ravitiionx uf Ihis Securit Instrumeni ar tf�Nate w•hici►can
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<br /> „�,��,�� � be gi�•en effect without�he canflic�ing provitiion. To�hi+end ihe proviuuns of�his Secu�ty Instrumtnt und�tht l�c�te are
<br /> declared to be severable.
<br /> f'�'. ' " ��'`" • 16. Borrower's Co Borrower tihull be rven one conformed co ��f dk Note und of this Securily Uistn�ment.
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<br /> ,r3�`;�'�` • ' •-°•• 1 17. 7FansPer of the Property or a Bene8cial Interest in Ibrrower. It'all nr uny pan uf the Propeny or any ic�terest in
<br /> �''�E:r ,•,.. .
<br /> '"'�;':;�;�;�?..�;,;• ft is soW or ttnnsferred lor if u beneficial inlerc�t in Borro�+cr i+wld or Iransfcrtrd and Borrower is not a nawral Qenon)
<br /> �,. ,,�i;�;j�:�;:;.','','( �•' - , without i.ender's prior written conse�t,Lendcr may�,at its o�tion.rcyuire immrdiute paymeni in full of ull sums secured by
<br /> _. .,;;�;:�4t l-�-;;;�� :.:. tMis Security Insuument. However,thix option shall na be exerriseJ by Lender if exercisr is prohibited by federol law as of
<br /> .�.{��� ' the date of this Security Instrument.
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<br /> _,- �':`'�� " ;. If Lender excrcises thiti aption.LenJer shxll givc Burrowcr notirc of urcelrrutian, Thr notice,hall provide a period of
<br /> — '� '' ` not less than 30 days from the dute the noticc i�dclivereJ or muiled w�ithin which Burrower must pap all sum�secured by this
<br /> - ,';;,.,
<br /> :. :�{; .�,:�n, ,; Sctiuriry Instrument. If Bomower fails to pay the.e tium+ prior to Ihe expirution of thiti period. Lender may im•oke any
<br /> • ,.., rcmedies petmided by this Sewrity Instrument with�wt funher notice ur demand on Bom�wrr.
<br /> - ' � l8. Borrowe�'s Righl to Reinstate. If Ourn►���er meety ccnuin condicionti, Burtowcr zhall huvc Ihe right to huve
<br /> _uf._ . , • enforeement of this Security Instrument dixcontinu4-d u�uny Umc prior tu the e:uli�r��f: lal S duy.lor such other period us
<br /> • � � Singk tamdy..F�nnk D1rdM�eddk Mrc l'VIFY)R�f INtiT1tU�1E\T••llndi,rm Cu�mano 9/�1 �/wgel njh�K��1
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