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<br /> __-� = �vY--�t USS�
<br /> � condemnation ar rnhe�takio�of uny purl of�he Propeny,or for conveynnee in lieu of condemnation,are reby urri� and
<br /> _. shdi bc puid ta Lender.
<br /> -� In the event af u total takiag af the Property, thepracecdx xhall h►; applied �o the sums �;ecured by �hfs Security
<br /> Instrument,whether a not then due,with any excess puid tu Borrc�wer. In the evcnt af a purtjal twking uf the Property in
<br />- --- ---- ��thich the PaFr mstket value of the PmExAy immexlintely hefnre�he taking ia equai ta ar grcuter than�hc umaunt of the sutns
<br /> _�_ _ _ aecured by this Secudty Inslrumcnt Immediately bafore the tuking,unle�s f3omower und i.cnder otherwir,e agree in writing,
<br />- ., the sums�secured by this Securiry Instrument xhall be reduced by the umciuot of�he praceeds multiplied by the following
<br /> --- fruc�ion: (a>�he talul umount af the sumK recured immediately 6efare the tuking,divided by(b)the fuir murket value of�hc
<br /> Prr►peny immediutely t+afore Ihc taking. Any bulunce shnll be paid to Burrower. in the event of a purtial taking of�he
<br /> �°-- --- � •~-_' Fru�x�ty iu w{�icl�ti�c fui���iia�i:�t valuc ot't{x:Propi:rty immediately befarc thc tuking is Icss than the mn�xm�of�he vumc
<br /> secur+ed immediutely befora the tuking,unlesx Borrower und Lender otherwltie ugree in writing nr unless upplicuble luw
<br /> ---- othenvise pmvidea,thc proceeda Khull 6e epplicd to the aums xecured by thia Secu�ity Inxtrument whether or nat thc suma are
<br /> .'�'.� then due.
<br /> -- if the Propeny is ubandoned by Borrawer,or if,ufter nodce by l.ender to Barrower Ihu[ihe candemnor offen to make
<br /> � an uward or settle a clnim for damages,Borrawer fuila to respand to Lender wlthin 3Q Jays ufter the dute tha notico is given,
<br /> - Lender is authorized to collect and apply the proceeds,ut its aption,eilher to re�lorution or repuir of the Praperty or�o the
<br /> -- -� sums isecured by thix Security ins�rumeni.whether or not then due.
<br /> �� Unless Lender and Barrower otherwisc agrce in wrlting. any upplication of proceeds to principal shall not extend or
<br /> --"':.�
<br /> _��:� postpone the due date of the monthly paymenta mfemed to in purugrnphs I und 2 or chunge�he wnount of such pnyments.
<br /> 11. Borrower Not Released; Forbenrance 8y l.tnder Not a Waiver. Exten�ian of the time Por puyment or
<br /> - modification uf umunizntion of the sums secured by�his Secucity Instrument grunted by Lender ro uny xucces4or In interest
<br /> -`'- of Barrower shnU not operute to relenae the lia6ility of the orlginal Borrower or Bormwerc xuccexsors in interest. Lender
<br /> -_- shall not be required to commence praceedings ogninxt any successor in interest or refu�e to extend time for payment or
<br /> -_--�.:_�� otherwi5e madify amonization of the sums secured by ihis Security Instrume�t by reusan of any demund mnde by�he�xiginal
<br /> —�- -- Borrower or Borrower4 successors ln interest. Any forbearunce by Lender in exerci�ing uny�i�ht or remedy shull not be a -
<br /> -- �•m=��;:;°' waivcr of or preclude the exercise of any right or remedy.
<br /> -=--�--""""•�;:," 12. Successurs and Assigna Bound;Joint and Severai UabiNty;Co-Figners. The covenunts and ugreements of this
<br /> y---�;,;,�•;,_" Security Instrument shall bind und benefit�he succetison nnd ustiigm of Lendar and Rorrower, xubject to the provisions of
<br /> _�; , '` paragrnph 17. Bomn�ver c covenants und Agreements shall be joint and tieverul. Any Borrower who co-signs this Secu�ity
<br /> - -���'� • lnstrument but does nat execute the Note: (u)is co-signing Ihis Security Instrument only to mortguge,grnnt und convey thut
<br /> ,�,,_,;:° Borrowert interest in the Property under the terma af this Security lnstrumenr, (b)ix no�per�onally obliguted to pny the sums =
<br /> =�R secured by this Security lostrument:und(c)agmes thnt Lender und uny o�her Borrower muy agree to extend,maiify.forbeur -
<br /> ---=;�;�,'� or make nny accommodations with regard to the termx uf thix Security Inxtnm�ent or �he Note wi�hout IhAt Borrower's
<br /> consent.
<br /> -- �-=�?=};� 13. Loan Chorgea. If Ihe loan secured by �his Security Ins�niment iz tiubject to o luw which sets maximum loan
<br /> churges,and that luw is�nally inte�preted ro thut the interest or other loan churges collec�ed or to be collected in connection
<br /> —'=�^� e��lth the losn exceed the permitted limlts,then: (i�){�ny�t�ch Irnm ohnr��e.hull F+r:reduced by the tunount necessary to reduce
<br /> -� -=T.�:•:;��-�' the charge to the permitted limir und(b)uny sums ulreudy collected fram BoROwcr which exceeded permitted limits will 6e
<br /> � �►;���:;� refunded to BaROwer. I.enJer muy chnoxc to mukc Ihis refund by reducing the principul owed under the Note or by moking u
<br />-_ �.;�,,''�.L.�:�a. direct payment to Barrower. If u refund��edures principul,ihe reduc�ion will he�rented us u puniai prepayment without uny
<br />`��`', prepayment churse under the Note.
<br /> N' r , 14. Notices. Any no�ice to Bormwer provideJ for in thi� Security Intitrument shull t�c given by delivering it or by
<br />_-� ti� s,,:°,,,;,!�;t mailing it by first cluxs mnil unless applicuble luw rcyuireti u,e of unother meth«i.The notice�hull be directeJ Io the Property
<br /> _ �`i�;;_^,�•Y�:• Address or uny other uddress Borrower designules by notice to Lender. Any nolice to Lender shnll be Fiven by finl rlass _
<br /> ;,� ��*'Y' '�.• mail ro L.cnder's uddress slu�cd hercin�x uny othcr udJrest l.endcr dc,iFnu�c�by noticc�o Bcxrowcr. Any notwc provided for
<br /> ������`e"n"'"F "-� in this Security Instrument shnll he dccmed to huve been�iven to Borrower or Lender when given us provided in thix
<br />- ..�i.i i.� ��f .
<br />-_ ptuagrnph.
<br /> �i.�t,. :;;`.`�k 15. GovernlnK I.aw; SeverabfUly. Thix Securiry Instrument shull he governeJ by federul luw und thc luw of �hc
<br />:;- "' '' jurisdictian in which the Propeny iti loc:uted. In the event that uny provi.ion��r rluu+e of thiti Seruriiy lns�rument or the Note _
<br /> ��_.
<br /> -_'.�;,"".�'. conFlicts with applicuble luw..uch conflict xhnll not iiffert�Hher provision.��i'ihis Sccurity Instrument or the N��ie which run _
<br /> _� � � be given effect without the conflicting provision. Tu�hi,end the provixion+of ihiz Serurity Instrument und the Nae ure
<br /> - '"'��r`•� declnred to be severoble.
<br /> ���' ,- , -�.�.,... -
<br /> -,�� �-`�� 16. sorrower's Copy. Borrower,hull Ix given one ront�xmed cupy ot'ihe Notr m�d of this Securiry Imtrument.
<br /> —_::,�`�'�-�" � 17. 'IYunsPer nf the Property or a Reneficial Interest in Norrower. 1f�dl or imy pun uf ihr Pmprrty or uny irnerest in _
<br /> 4�, -�,_�'�� it is sold or tronxfened(or if u be:netiriul intercst in Borrowcr is,uIJ�ir trunsfcned und Bornnver is not �nawrul person)
<br /> •�-�� '6.•ti�, without Lender's nor written conscnt,LerJcr mu ut ils o tion,rc uire immrJi•ric e mcnt in full of u!I sumz secured h
<br />,=r�.�„e. ::.. �i,,.,, P� Y• P N p'Y Y
<br />_;�;� this Security Instrument. However,this optiun zhull not bc cxrrcixrd by l.cnder if rxcrci,r i.prc�hibited by fedcrul luw us ot'
<br /> _,�;_'�.���.•:,js',��+ � the date of this Srcurity Instrument.
<br />--v"'— '~'� If Lender exercisex thix option,Lendcr xhull givc Borrower n���ice uf uccelcratiun. The �x►tire shall provide a periocl of
<br />-;.�.:{t� - not less�hun 30 duys from�he dote the noticc is dclivend or mail�d within which H��rrower mu�t pay all.umx s�cured by thi� -
<br /> ' , Securiry Instnnnent. If Borrower fuils to puy these xwn�prior to tlic expirotiun ��f�hi.peri�xl. Lender muy inv��ce uny -
<br /> _�— . • remedies permitted by this Securiry Instrument without further na�icc ur Jenumd on Borrower.
<br /> = 18. Borrower's Ri�ht to Reinstute. 11'Hi�rroti�•cr mee�,rrn•rin r�►ndition�. Borruwrr�hull huvr ihc right to huv�
<br /> "'`' .`o. , enforccmcnt ot'this Security In�trumcm di,r�m�inurd:u any time prior to thr r:irlicr ul: I;U 5 duy�lur.uch olhcr Exriixl�� ;
<br /> . :' �n'.;,: '� Sinplr I•amlly-•F'anMc�fae�FYcddlc�fuc l'\IFf1N�11\ti'1'Nl'�1kti"1'• l�mt�Kin('�wcuunt. V�VO �paA,•J n/np,�.��•.�i
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