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<br /> ,�:-- candemnudan ar other�ekin�of w�y purt ui�he ProP�nY��Far co��vcyunce in lieu of cnndcmnution,w+e hcreny ux.i�mv a��i
<br /> -- - Rhall be puid ta Lendcr.
<br /> - In the event of A total tdcing of�he Property.�hv pracccd»++holl Ix; Applicd �o th�c tiumx x�:cured hy thix Secu�lty
<br /> Instrument,whether or not �hen due.wi�h ony excesg paid to 8urrower. In thc evciH��f u puNiul tukin�uf�hc Rn►pcAy in
<br /> which the fair morket value of the Praperty immediutcly txfim�hu tukin�ih cquul to nr greater thun thc am����m of the Kumc ___
<br /> r,ccumd by tMa Security Instrument imiucJiutclY bcforc thc taking,unless Bor���wer u�ui l.endcr othcrwiM uuree in wd�ing.
<br /> ""-' the aums s+ecured by this Secu�ity Instrument uhull be reduceJ by the umuunl of tbe prcxceds mulliplied by Ihc fullowing
<br /> - --.".`iil fruction: (u)the taul umaum of the eums cecuned immedfately bei'are thr.tuking.dividcJ by(b)the fnir market vulue of the
<br /> ---� -- - ' Pmperty Immcdiatcly t+eforc thc iahing. Any baluncr shull be puld t��Burr��wcr. In tlx cvem uf u purtiul tuking of the
<br /> _- ---�
<br /> � Piroperty in which Ihe fair murket vAlue af Ihe Pmp�:rty immedfutely t+cfare ihc�uking ih Ie,+ �hun ihc umuvnt u t io.rums �-
<br /> _ -__°:,� eiecured immediately beforc ihe tuking.unless BoROwer und Lendcr olhcrwise agree in writing or unlcsw uppNcable luw
<br /> ^-_-� otherwise providex,the proceedx Khull be upplfed t�the xuma xecured by thix Sccurity Inx[rument whe�her or nw the Kuma ure
<br /> ;�. then due.
<br /> ----:.;,,r� ' If the Propeny is nbundoned by Borrower,or if,ufter notice by I.cnder tn Horruwer Ihut the condemnor affc�to mu e
<br /> .�n�� an awnrd or setUe n cluim for dumoger,Barmwer Puils to respoixt to Lendcr withfn 3(1 duyx ut'ter the dule thc nutice iti given, �
<br /> -__°-_.�• � Lender i�uuthorized to collect and i�pply �he proceedx.ut itx optian,either la n�tora�ian ar repuir of the Propeny or�o tho
<br /> __ �:"�,� gums rccured by tbis Security lnstrument,whether or nnt Ihen due.
<br /> � Unless L.ender und Borrower otherwi,e ugree in w�iting,uny uppliculian of praceedx to priacipul xh�ll nut extend ar
<br /> �y� postpone the due dute of thc�momhly payments rcferred ta in paroFmph�I und���r chango the umount oi xuch paymenis. _
<br /> ,�,__���� 5 11. Borrower Not Released: ForbeArunce By I.ender Not a WAiver. Exten+ion of �he �ime for puyment or —
<br /> modification of umartizntion of ihe ,ums sccured by this Security In!�trument gmnted by Lender to any�ucc��or in interest
<br /> --"�'_,:r� of Borrower shall not operute to reteahc the liubility of the�riginal Horruwer or Bormwere succcxwn in interest. Lendcr =-
<br /> shell not be required �o commence praceedings aguinxt uny nucces4ar in interext or refu�to extend time for puyment or _
<br /> ��;:;.A�.�*';t�, otherwise modify Amonizntion uf tha+ums r+ecured by this Security Imm�ment by reuson af uny demand mude by the original s
<br /> Borrower or Borrower's�ucceasors in intereyt. Any forbearunce by Lender in exerciging ony right ar remedy shull not be a
<br /> • <•y.,:. �"'" waiver of ur precludc thc exercise af uny right or remedy.
<br /> �-�-�-,--��v�� . 12. Successors an� Assigns Bound;dofnt and Several�.iability;Cagigners. The cavenuni,r•und u�zreements of thi+
<br /> �q•••��:a-, 5ecurity Instrument ghull bind and benefit the succesxors and uxsign,of Lender und Burtower,subject �a the pn►visionx uf
<br /> ,�;�,�i;S_. - ' purugrnph 17. Borrowerw covenuntti and agrcements shnll be}oinl und severul. Any Bormwe�who co-rignti this Security -
<br /> �� � •• ' Instrument bw does not execute the Note: (ul is ca-gigning thix 3ecurity In+irument only to m�mguge,grunt und convey tha�
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<br /> �i�-':±i�;�;, � Bortnwer's interest in the P�mpeny under the tcrms of this Security Intitrument: (b)is not penonally obliguted�o pay t e�ums
<br /> ��l°.'r'•Y�
<br /> ��r� secured by this Security Inslrument;und(c)agreez thut Lender and uny other Borrowcr muy ugree to extend,m�xiify. or ur �:,
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<br /> �,�,dn,,, or make uny accommodutians with regurd to the termx ot thix Serurity Instnunent or tlie No�e wilhout �hut BorrowerK �
<br /> •-'�=..:d ''� con�+ent.
<br /> -�����•`'��' y�' `� 13. l.onn Chnrges. If the loun xecured by �liix Security Inxtrumenl i+ +ubject to u law which �ets muximum loun
<br /> �"'�'�i'`��ti���.-=_ churges,and thut law is finally imerpre�ed xo that the imere,t ar o�her loun churge,callectcd or to be collected in connection __
<br />���'�"�;`�`•''�'..,.,��; ' with the loun exceed the permiued limit�,then: lu)any wuch Iuru..hurRe stta!!bc reduced b�the umnunt nece+��+ry��,reduce
<br /> -' �.' �he churge to the permitted limit;nnd(b)any rumx ulrendy cullec�ed 1'rom Bormwer which exceedeJ pe�nitted limi[,will be
<br />- �- � ��'� refunded to Bnrmwer. Lender muy ch�xi�e to mukc this mfuncl hy rcducing�he principnl owed under the Nute ur by muking u
<br /> '—'`• �°}^� +"�• direct puyment to Borrower. If u nnfund reducex principul.�he reduction will be t�cu�ed as u purtiul p�puyment without any _
<br />`.�`��' prepuyment charge under the Note. -
<br />'�''_�;�'�'• • 14. Notices. Any notirc to Borrower pnwided for in thi�Securiry Ins�ru�ncnt xhull he given by delivering it or by _
<br />,�.����`�:• ' muiling it by fint cluxs mc�il unle+s upplicablc luw reyuires uxe of unother►ncthal.The nolice shall hc:Jirected to thc Pmperty -
<br /> - �•���� '.. • � Address or nny other uddress Borrower dc+ignute�by nuticc Io Lendcr. Any noticc tu Lendrr shull he given by t'int elaxti
<br /> �°�•: ,'„ � � muil to Lcnder�uddrexs xwted hcrcin or uny olhcr uddrexx Lendcr dexiunu�e.hy n�,ticc to Horrowcr. Any notice provided For �
<br />-.�s� � in this Security Instrumcnl Yhall tx �kcmed to have txren Fiven to Borrower cir l.ender when givcn uz prrnided in this
<br /> :�� ,.� ' ,. . .. puragruph.
<br /> ,� , lS. Gove�nin�l.aw; Severabillty. Thi, Sccurity histrumrn� +hall be govcmed oy tederul luw und thc luw of�hc
<br /> ���_ .5 �^� • jurisdictian in which thc Property is locutrd. In thc evcnt thut uny provi.iiM ur rluux of this 5ccuriry In.tn�ment��r�he Notc
<br /> fj��; ., � ° conflictx wi�h npplicublc luw,such conilict shull nut ul'fcrt othcr provisionx ot'thi�S�w urity Instnmknt or the Notc which run
<br /> ,���� , , , be given eFfect without the cantlictinti pnwixion• Ti�thi.end �he provi.ium uf ihis Security In+tniment und the Note u� -
<br />--=��� • �' declured to be severuble.
<br /> �x,,��� '"� �• -
<br /> �'��''�"' ' • �. � 16. Borrower's Copy. Borrowcr,hull Ix given onc c�mt'urnicJ copy of thc Nnie and��t'�hi.Security Instrument. _
<br />-�-�-= 17. 'I�Ansier nf the Property or a Benciiciul Interext in iiurrow•er. It'all ur any parc of�hc Pn�perty or uny intcrc�t in -
<br />�a��•��.�,�. . , _
<br /> a.—
<br /> -,:,�„���, •.. . it is sold or tran�ferred(or if u he��licinl intcrest in Borrower i+tiold or�run,l'erred und Born�wer iti no[ a nuturul personl
<br /> -- without Lendcr's prior wriiten conticm.Len der may.u t i t.o ptii�n.rc��uire imnxdiute p:ryment in full of ull xumx xecured by E-
<br />__�•��"`�`''; ���, thiti Security Instrument. Howcvcr.�his optiun+hull not Ix cxerri,rJ hy I.ender if cxcrcixe is prohibiied by federnl luw as of
<br />:_;� �'�:"�,• �"'�• thc dutc of�his Scrurity Instrun�n[. _
<br /> t �'� If l.ender exenixex thiz option,Lcmk:r xholl gi��c Borrowrr n��tire ul'arrelrru�ion. Thr noticc�hull prmide u pericxl of
<br /> `� �N , . • not Irss thun 30 d•rys t'rom the Jut�lhc notice i.drlivrrrd ur muiled within which Borr��wer muz�p�iy all,ums secun�d by ihi. �
<br /> .. "' t. Security In.rrcument. It' Burrawrr fuils 10 puy thcsr sum. priur to �he �xpirmiun��I' �his �xriixl. Lcnder may invoke uny
<br /> �� ,' remedie.�xmuued by thi+Srrurity Inrtrumen�withuut funhcr noticr ur demunJ��n Burtuwrr. _
<br /> ,. ,�, � , l8. Borrnwer's RiRht to Reintitule. If Bortowcr mcet.cenuin ronJi�i��n+, B��rrow•er.hnll havc �hr ri�!ht w huvc
<br /> L ` enforeemem of this Serurity In+trumcm dixontinurd:u•rm�limc�ttior Iu thr ei�rlier of: la1 S d:�y.lor,uch otlx:r pericxl as �
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