- — ,t: ,'r�' � __�-_ _._.
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<br /> ►93� so��
<br /> �onckmnstion a ott�¢r tN�inj of�ny pirt d tha Propaty.ar fa canvaymoo in Ifau of caWana�tbn�iue hsreby wi�ned�nd
<br /> �ull be paid W L.ender.
<br /> In the avent oP a tatal teking of the PropeRy.the proceeda ehdl be �tied to tha �umR eecurod by thi� Security
<br /> lnspvment.whether or not then dua, with any exceas paid to Barower. !n�hc event of a pa�tlal�akln� oi the Propnty in
<br /> which�he falr mufcet valuo af�he Property immedintely beforc the taking is cqua!to o�c grcatcr than tha amouet ot tl�a sums
<br /> eecuned by this Securiry Insttument irnmediotaly beforc Iha trking�unkFS Bonnwer w�d L.endar otherwise�grce in writing.
<br /> � �� �tw sum�sccwrd by this Secudty lnstrument shull be reduce.�t by the amaunt of thc proceedR multbplied by the fallowinB
<br /> frnctian: (a)tho wtel�t�ount of the suma secu�od immedlutcly lxfore IMs laking.divided by(b)ihe fair martet vvua of the
<br /> l�nperty immediutely befor+e thc taking. My B�lunce shull be paid to Bortower. In thc cv@nt of a parlial txking of 1he
<br /> Property in which the fair market valuo of the Property immedia�ely beforc the taking is kws ihan the arnount of the sums
<br /> secured immediatcly before the taking, unlcss Borrawer w�d l.ender Mhervvise agrce in wrf�ing or uniess applicable law
<br /> aherwise provldcs.the procee�s stw�ll be applied a the suma secured by this Security lnswmc�t whether or not�he�ums ane
<br /> ihen due.
<br /> _--- °.-°° lf the Property ia abw�daned by ldorrower,or if.afier nwi�c by L.cnJer w Bu�ww��Lhai ih:.con�.mnor afkrs to m�lce
<br /> an awwd or senle u claim for damages,Bor�ower fails to re�pond lo Lender within 30 days u�trr the date the nolice is given.
<br /> Lender Is authorized to collect and appFy thc procecds,at ita option.either 10�estoration or rcpair of�he Piaperty or lo the
<br /> ��. sums secured by tbis Stcurity Instrumen�whetheror not then due.
<br /> Unleas Lender aad Bomawer otherwise agne in writing, any application af proceeda lo pri�cipul shall not extend or
<br /> postpone the due date of Ihe monthly poyments referred to in paragraphs 1 and 2 or change the amount of such payments.
<br /> ll. Borrnwer Not Released; Mbrbearaace By I.ender NM n Waiver. Extension of the tMe for payrnent ur
<br /> modificution of amottixation of the sums secured by this Security lnatniment gra�ted by I.ender to any succeesor in intercst
<br /> � � - = - of Borrower shall not operate to rel@ttse the liubility of ihe original Borrower or Borrower`s successars in interest.i.ender
<br />- , shall not 6e required to commance proceedings against any succe�sor io interest or refuse to eatend time for payment or
<br />° otherwise modiTy amoAization of the xums secured by thi�Securiry Instrument by reason of ony demnnd made by the originul
<br /> - , � Burrower or Borcower's successors in interest. Any forbearance by Lender in eaercising any right or remedy slwll not be a
<br /> ^ w�iwer of or preclude the exercise of tmy dght or rcmedy.
<br /> •:Y�+; 12. Snccessors and Assigina Rauad;Joinf And Several Liability; Casignerx. The covenan�.s und agreements of this
<br />-�- .Socudty Instn�ment ahall bind�nd benefit the successors and nqsigns of Lender and Barrower,su6jec�to the provi�ions of
<br /> ��a_ � pan►graph 17. Barrawert covenwus and agreements shall be joint und reveral.Any Borrower who co-signs thia Security -
<br /> -�' lnqtument but does not execute the Note: (u)is co-signing Ihis Seeurity lnstrument only ta mortguge.grsint and convey thet
<br /> k 8urro�ver's interest in the Property under the�ermsof tliis Secudty Instrument; (b)is not personnlly abligated to puy the sumv
<br /> seaurud by this Securlty Instrume�t;and(c)ngrees that L.ende�aod any other Borcawer muy agree to extend,modify,forbeur
<br /> . or mAke any accommada�ians wilh ngurd to thr tenns of�his Security Instrumenl or the Note wi�hout lhat Borrawerk
<br /> _}__ �_, conraant,
<br /> �?}�?' �,,, 13. l.oen Chprges. If the loan�;ecurcd by th�s Securi�y Instrument is su6ject �o a law which sets maximum loan
<br /> cha�ge►.nnd�hsu luw is finally interpreted sa thnt�he interetit or oiher IoAn churges collected or ta be callected in connection
<br /> _ ' t'�`�'°� with tha ioan exceed the permiued limils,then: (u1 nny nuch loan churge yhall be rcduced by the amoum necesxwy to reduce
<br /> iQ����`��•."i� Ihp charge to the permitted limit;and (b)any sums nlready edlected from Barrower which exceeded pertnitted limits will he "
<br /> ;.. mfunddd�to Borrower. Lender may chootie to mnke thix�fund by reducing�he principal owed under the Nok ar by mnking u _
<br /> ��� � dimct ppyment to Borrower. If a refund reduces principul,�he reduc�ion will Be treated uc u puninl pr,epayment without any °
<br /> '�;� �.,, pmpuymam•charge under the Notc.
<br /> W.. NoHces. Any notice ta Bortower pmvided fiir in�his Security Instrument shall be given by delivering it ar by
<br /> mailing i1�by first cluss muil unlex.applicnble Ivw reyuia:�use�t'a�other method.The naice xhull be directed to the Propeny
<br />� �` Yr►'��+` Addttr.y nr any other uddrexx Bortawer dexignnten hy nrnicc lo l.ender. Any notice to Lender tihull be given by first ctars
<br /> �'�'"�' muil�ln•L•ender's nddmsti s�uted hercin or uny othcraddres,Lrnderdesignutes by notice to Borrower. Any nake provided for
<br /> in•Ihis:Security Inxtniment ,hall be Jcemed to Iwvc b�Mn given tn Bortnwer or Lender when given nx pmvided in this
<br /> . aro m h
<br />..^ '` ' �°i1•.`` P 81g Governing l.aw; SeverabiNly. Thi+ Serurity Inslrurnent �hull hc govemed by fedcrul law c�nd the law of the
<br /> -�_"�'�','-'"' ' ��'; judsdlotion in which the Pmpeny i�kxuted. In tlx event thut any provi�ian or rluuse of thin Security Inhtrument or the Note
<br /> ._-;::t�i,�,��:�;:��;:,: ° cantlic�s wi�h upplicable law.xuch rnn0ict,hull uui afl'rcI uitiri p�uvi,iun,of thi,Sccurity {n,,trumcnt or thc Notc w fiich can -
<br /> .i � �•��j�''�+��i►�'� be rven effect wilhout Ihe cont7ictin mvixion. Tii this enJ tlx rovi�ions of thi.Securit Ins�rument und the Nate ure
<br /> ,� :w-;;•,..,.;.� �� S P p Y
<br /> _ •�:
<br /> declared lo be severable.
<br /> 7��� "�� ',��. 16. Borrowe�'s C Born�wer�hull Ix �iven one canti�rmed co of Ihe Note and��f ihis Securil Inslniment.
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<br /> '•�"•'�' �1 '�' 17. 7YansPer of the �operty or a Beneiicinl Interc�►t in Horrower. If aU or any purt��f the Pro�ny ur any intcrest in
<br /> .�.rn�;.•., �_ .. .
<br /> ;;,�, . „ it iti �oIJ or trunsferrrd (or if'n lxncl icia! irxrrrtii in Bormwer iz xokl or trun.ferreJ and Borroaer i,not u natural person)
<br /> X �. •�;�:;. without Lenderk priar written conxent.Lcndcr may,u�its�pifon,nyuirc immrdiulr puyment in full of ull sums secured by _
<br /> � „ thi�Security In��rumem. However.�hir�iption slall nw be exerci�ed by l.�roder it'excrcise is prohibited by iederul Is�w as of
<br /> the dutc of thir:Security lnstrument.
<br /> _ +� a:�,... If Lender exercises Ihix oplion.I.eixicr.h:ill givc Burniwer ix�tire ot'acccleru�i�►n. Thr nu�irr,hull provide a�xriud of -
<br /> _ �����•,
<br /> : .. nd les+Ihan 30 d�ys from Ihe dul�the nutkc i+delivenJ ar mailrJ within which Burriiwcr mu.�p•ry all tiumti.erured by Ihi� _
<br /> � � `°�- Securily Inslrument. If Bormwer fail� t�► pay thesr smm pri�,r io �he rxpiruti�m nf thi+ �riod, Lendcr muy invake any °
<br /> -���ts. -.
<br /> '" �'"'°�� .°'?,�� remedies pertnitted by this Sccurity In,trum�nt aiihuu�funhrr nrnice ix drmund un Borru�vcr.
<br />- , � �`•�: .:_ .,; 1& Borrower's RiRht !o Reinslate. It'Born►x•cr mcel.y cenuin conJiiion,, Burru�vcr �hall h�v� Ihe righl �o have -
<br /> � enforcement of�his Security Ins�rumrm di,corninucd at any iime prior a�the earlirr ol': lul 5 duys Ior xuch other pericxi us �
<br /> �, ' -
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