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<br /> —� caKlcmnation ur othcr�a{cin�oP uny puA af�he Property.ar i'or convoyunce in licu of condcmnuUun,un Iknby w++i�{neJ wul
<br /> � — ahall bc paid to Lcndcr.
<br /> In thc evcnt of u tcrtal taking of�he Propeny. tho Praceda xhull he upplicd �u the sumK �curcd My �hiri Sccurfty
<br /> lnstrumenl,whcthcr ar not�hen d�M,wNh t�ny ezcc+x pald lu Burrawcr. In ihc cvcnY of u puniut�uking ul'thc Pmprny in
<br /> � r r — whirh�he fair market valuc uf the PropeAy immcdiutely before lhc Inking la eyuul tn or grei+�er thun thc amuum al�he suma
<br /> - - Y� secured by�his Secu�ity Ins�rument immedia�ely t+efore Ihe tuking,unles�Harn�wcr i�nJ l.rndcr uthcrwi�ug���c in wri�ing,
<br /> — the Kuma gecut+ed by Ihis Securfty Inwtrumcro shall be reduced by�he amuum ut'�hc pnxcedw midtiplicd by the following
<br /> i� — fractian: (A)�he total+�mcwnt of thc sumx xecured immediptely beforc the�akfng.diviikd by IM►�he fuir murkc�vuluc aP�hc
<br /> `-�----—� u.� Praperty immcdiutely i�efarc the taking. Any halance shxll he p+iid w Riinower. In the rvent ui'u puniul �uking of�ha -
<br /> — Propeny in which�he fai�market vnlue af the Propeny Immediu�ely lxfim thc wking ir:lexw ihun�hc umuun�ol�hc sum.r-
<br /> ��.�,
<br /> �=--L=°= � rccured immediately before the uiking,unleKx BoROwer und Lendcr aherwi�e ugrre m wrNing or unlc.s upplicable aw
<br /> ---=�',� o�herwise providex,tha pmceedx xhull be upplicd�a the xumx r;ecured by thix Securiiy Inatrument whcthcr cx nat�he Kumx ure _
<br /> :-� Ihen due.
<br /> ---_,� �f the Pn�pehy is Abandaned by Borrower.ar if,nfter notice Gy Lender to Bom�wer thut Ihe conJemnnr affcn ta mnke
<br /> - • nn uwcvd or seule u cluim for dumoge4.Borrawer i'nil.r•to respond to Lender wilhin�11 Juys+�fter the Jute the nodce ix given,
<br /> ` _...���_l_� Lender iK uWhorized to collecl nnd upply the proceeds, at its oMion.either w rer�arution or repuir uf the Pmperty or to�he _
<br /> - sums Kecured by lhis Secudty Insuumcn�,whether or nat Ihen due.
<br /> Uules�Lender ond Barrower othenvitic ugree in writing,any upplicutian af prc�cecds to principul �hull not extend or
<br /> _"'�,� postpone the due du�e of the manthly puyments refcrred ta in puragrnphti I unJ 2 or chunge ihe vm�unt of xuch puymenlz.
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<br /> ll. Borrower Not ReleASed; Forbearwnce By I.ender Not a WAiver. Exicnsion af ihe �ime for payment or _
<br /> � �.: modification of amoniwtion af the�ums xecured by�his Securiry Instniment gruntrd by LenJer ta uny successor in interest �
<br /> of Borrower shall not opers�te to releuse the liubflity of�he orfginul Borrov�er or Borrower s�ucces�urw m imerest. Lender
<br /> — '�''= ahnll not be reyuired ro cammence proceedings oguintit any .rucces+or in interesi or refune tu extend tfine far pAyment or
<br /> �„�t, �'' � othenvise modify omortfzution ot the sums secured hy this Srcurity In.aument by auson of uny demund madc by the original =
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<br /> —_.-.,.,.,.�,z.,_<.j Barrower or Horrower x�cuccessor�in inlercst. Any farbenrnncc by Lender in excrci.r•ing uny right ur rcmedy+hull not be a
<br /> waiver of or preclude the exercitie of any right o�remedy.
<br />""` �-��_ .t. 12. Succeasors and Assi�ns Boupd:Joint and Several Liabillly;Casl�necs. Thc covcnunts und ugrcemems af Ihis _
<br />---��-��..t.�:• Secu�ity Inrinament xhull bind und benefit the .r•uccesson und uxsigns of Lender und Borrower, �ubject w the provisions of
<br /> _ =�`.a:"��; ` . psuugruph 17. Borrower's covenunt4 und ugreements shull tx�jnint und xcverul. Any Borrower wha co-xignx this Security
<br /> ==•-�,���� • Instrument but dce4 nrn execute the Nrne: lul is ca-signing this Securi�y Imtrumem only�o mortguge,grunt und convey Ihut
<br /> ���+��'- Borrawer�intrrest in ti�e Propeny under the ierms of Ihiti 5ecurity Ins�rumcm; (bl is not Fx:n�mully��bliguted to pUy the xums
<br /> �" `-��'�• secured by�his Security Instmmenr,und Ic)ugreex thut Lender und uny other RoROwcr mny Agrec to extend,maiify.forbeur -
<br /> ���'� or make an accommudwion�: wilh reg•rrd�a thc tcrmx of this Security Instrumcnt or�he Noie wilh��ut that Barmwerx
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<br /> � "- " `��'•' con�ent. _
<br /> - `��'-'`_"�"`'`~ �� 13. l.oan Cbprges. If the loan+ecured by thiti Serurily Inxtrumcnt is subject w u luw wNich ,e�.r• muximum loun -
<br /> - s,��_..; .
<br /> _"-- ' _'—'�"'-'�`=_�!'"0=-- chsrgcs,and that li�w i�tinully interpreted so�hat�he intemst or other loun churge.r colketed or to be collected in wnnection
<br />•���;. � wi�h�he Inan eaceed the permitted timits,then: lul uny such larn churge.hull he reduced by �he Amouni nece+�ury tu�cduce
<br /> -;����--�`;`�.���',� . the churge�u the permiued limil;und lbl any sumx ulmudy rollected from Bormwer which ezceeded�xrmitted limil�will be
<br /> —�"— :'<�� � ��•.. refunded w Borrower. Lender may chcx�xc to muke�hiti refunJ by reducing Ihc principal owed under the Nole or by muking u
<br /> '-�� ',,� ., '`'•;. ''''' direct puyment to Borrower. If u refund rrducc�prirkip�l,the reducli��n will t+e treateJ us��purtiul prepuyment without uny
<br /> `�y�f ; ��,"•' preprymem churgc undcr�he Note.
<br />�-_'��' � �� " ' 14. NWices. Any notice to Bi►rmwer provideJ ti►r in �hi+ 5ecurity Instrument.hull he given by delivering it iir by
<br />- �:��• . "4� mailing it by fint cluxs mail unlesx upplicuble luw requins u.e of unother meihcxi.The noticc�hull ix�direcied�o the Property
<br /> .�"„�� `�"�°' �+' Addre.x or nny othcr uddresx Bortowcr dcsignatc� by n���icc to Lrndcr. Any nuticc w l.cndcr �hull Ix: given by fint cluss
<br />__,�_�:�-M _ mail ta Lender�uJJrc+s xlutcd herein or uny otlxr uJdrr.ti Lendcr drsignu�c,hy noticc u�B��rmwcr. Any�wtice p�nviJrJ for
<br />- '`'�'°``•'^ in thi5 Sccurity In+trumrnt xhull he dcenud lo huvc hecn given ti� Borruwer ur LcnJcr whcn given nti pravided in this
<br /> -~ .. purugruph.
<br />-��`�� IS. (iuvernbg Law: SeverubiNty. This 5ecurity In.�rumem �hull Ix �mcrncJ hy tedcrul law smd thc luw of�hc
<br />��.,��: .�—''�'�'� juriuliction in wMch the Propeny is Icxated. In the event th►u uny prrnisiun or rluu�e of�hi+Security In.�rument ar Ihr No�r
<br />':.'" ``�'����`'' " conflictti wi�h upplicuhlc luw,tiurh ronflict+hull not ui'tccl othcr prnvisi�►n+uf thi�Security Inxlnmicm or Ihc Notr whirh run
<br /> W� � "`���••'`�� be given effcc� without thr cnnfllcting provision. To diis cnd the provisiom ��f Ihi+Srcuriry Imtrument unJ Ilx Note um -
<br />`-"'"-�:�L":".�:�*..��,:• declured w bc�evcrablr.
<br /> ;����.` � �'�'' 16. Borrower'g Copy. 8ormwcr whull Fx Eivrn unr rimtorn�eJ ci�py ol'thc Notr and i�f�hi�Scrurity Imlrument.
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<br /> �~�+i, � 17. 71�Ansfer nf the PrupeMy or�l3eneficiol Interest fn Nurrower. If ull or uny pan o(tlx Pri�peny or any intcres�in
<br /> ',��'L��'x� .,. • •: it ia sold or trnnxfcrred Inr if u bcnefiriul intcrcst in Horn�wer ix.��Id or tran.ferred w�d Borrowcr i,n��t u nutural prnonl
<br /> ;.:_:,�_�'� � � :.
<br /> -- .s.r,;;,.;.,.;,;.� withaut I.ender's prior written c�Hixent.l.etxler may.ut i�.��p�ion.reyuire immrJiatr paymeni in full ol'ull sums xccured by
<br /> -��—'� "���- �his Securiry ln.�rument. Howrver,thix opiinn�hull not Ix cxcrci.ed by Lendrr if cxcrcik is prahibi�ed My 1'eJrrul low u+ot'
<br /> ` �` tix date of�hiz 5crurily Inxtrumem.
<br /> �:+;�`= :�. y•� � ' If Lender excrcises�hi.option. Lendcr xhall givr Bnrrowrr no�icr��f urccleru�iun. Thc notice shall providc u Fxriai nf
<br /> -°}:' '' " not le.s Ihun 30 duys f'rom the dute the nutire i�dclivemd or muilcJ wilhin whirh B�►rn���rr mu.l p�ry nll,wny tircured by this
<br />-;�:L" . °�� Security Inxtrumcnl. If Burrower fuil. tu puy thrx .um. prior to UK �xpirution uf Ihis peri�xl. LenJer muy invnke uny
<br /> ;- : . . ., remrdic�ExrmiucJ by�liix Scrurity In+�runxnl with�wt I'unhcr noticc or dcmund�m Horruwcr.
<br /> � . 18. Ibrrow•er's Rlp�hl to Reinslute. 11'BuROw•cr mrc�. crn:iin r�mJi�iun.. Narmwer •hall huvc thc ri�ht u� huvr
<br /> " enf'orcement nl'this Security Ins�rumem�li,con�inurd :u:my iimc rriar lu Ih�.arlirr��f: la 1 5 duy�1�►r tiurh uthcr�x:ri�xl u.
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