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<br /> • canbeimationotaherlakingaPanyputotthaPropeny,orPoroonveyanalnlieuotmndsnin�tlon.arahercDyosilgnedand
<br /> � �MltbepWlioLender.
<br /> tp.�fia evsnt of s totd laking oE ihe Pcopeny,thc procecdv.sholl Iro eppllt4lo �he sums stcurcd by �his Securiry
<br /> fnshumerit,whe�her a net then dui.whh my�xass pald ro Borrower. In�ho evmt of a p�nlal�akfnp ot the Propeny in
<br /> wM1ich�M falr muke�velue o(�bo Propeny Immfdis�eiy Oeforc�ho tekMg b equal to or grwter than tho cunoum ohfro sums
<br /> • stSUred by tt�le Sscudiy InscNmrnt imnxdla�ely&fore the taking,unicss Dortowcr and Lender oih:rwisc egrco In wfl�ing, .
<br /> the sum�securcA by�hia Sceurity Insteument shall bo«duced by�he amamt of the piotteds muliiplicd by�ho tollowing __
<br />._ _. frxilon: (a)Qw to�al amoun�ot tho sums securcd immedlauly befon:the�aking.divided by(b)ihe falr mazka valuo of iho _ _ __
<br /> - Property immldialely be(oro�he tnking. Any bal�nco ahatl be paid to Bnrtower. In the evcnt ot u panial�akin8 of�ha _` �-�-� ��----
<br /> � F1qpMy in which the ful�mmket value of�he Property immediatdy before�he taking le Iw ihan�ho emoum of�ho suma _
<br /> secured Immediately beforo dw roking,unles.v Bortower and l.ender otherwiu ugrte In wrl�tng or uniese epplicablo lew
<br /> - qbc�vix provida,�ho procecds shall bo epplied lo the sum�secured by this Sttud�y inswmcnt whether or nm th:sums ero
<br /> th.n dye.
<br /> It the Propeny la ab�Woned by 6ortuwer,or if,ahe�notice 6y Lender to Borrower�ha�the condemnor ofkrs Io make
<br />.. aqawazd or sttllt o clatm tor damagu,Bortowu faiLs to capond�o Lendu within 30 days a�er the date tho notice le given, ___
<br /> — Lenc4:t[c amAalu4 to mllte!ond opp1y tlw procezd�.a�i�s op�ion,either ro restoation or ro�ir of the Propeny or to ihe
<br /> . tumv Fctured by thtv Security Insttumcn4 whether or not tAen Aue.
<br /> UMtss I.eMer end Bortower o�he`wise agrce in�ttiting,nny epplica�ion of proceeds�o principal shall not ez�end or _ _
<br /> postpone tAa due dua of the monthty paya+enq rC�;�ro in paragrapM1s 1 end 2 or cAange�he emoum of such payments. __
<br /> 11. &vrones Nol Rckased� FbrGearonce 9y I.ender Nol a Wni��er. Griension of �he �imo tnr paymcm or ----�
<br /> modiflcatlai o!oawnuation of�he sums secnrcA by tbis Secudty Insuvmrnt gmu�cd by l.ender to nny succeuor In Intercs� -.-� � -
<br /> of Bortower shall not operate to rcieace�he Ilabili�y of�he original�ortower or portower�eucceuors in intercst.I.ender ����_--'
<br />� -°� shall not 6a mquired ro comm.nco procccdings agafnst any successor in inun:s�or rcfuse w exlend time for paymem or �r- =.. _ . -
<br /> aherwiso modif amortizatlon af the sume securcd b this Stturity Inxuumcnl b rcuon of an demand made by thc ori inal ""�--r�
<br /> Y Y Y Y 6 r;::.:._- .
<br /> Bortower or portowcrh suttrssors in interest. Any forbearence by Lender in cxercisins any righ�or rcmeAy shall nn�be n �.....�--
<br /> waivcr ot or prcciudo tho exercisc o[ony rigM or remedy. t'<`-�`
<br /> � 12. 6uccessore�nd Assignv 8ouedi Joint und Sererol Llability;Co-signere. 7Le covenants wid agumenu of�his ��-=-
<br /> Security Insdument shall bind and Mnefit�he successors and assigns of Lender nnd portower,nubject to�he provisfons of -_.-.�
<br /> p�r ra h 17. Uortower�s rnvenants end e reemenu shall be 'oim md aever�l. An Bortower ivho co-si ne this Securil ''*'��
<br /> �l4 P 8 J Y S Y �;�-s,:�`
<br /> lnstrumem but dcea not execu�e ilv:Note: (a)is rn•signing thu Security Instmment only w mortgage,grent and rnnvey�hat �,:__
<br /> Borrowu6lntercst In the Pmpeny undcr�he tertns of�his Security Inslmmem; @)ie noi personally obligeted lo pay�he sums �-�,��.'„�•;���
<br /> saured by�hls Sccurily lnsuumenl;ond(c)agrees iha�l.endar nnd any o�her portomer mny ngrce to ex�end,modify,fo�bcar -�r!,_
<br /> or makc eny aceommodatlons wi�h n�gard�o the�emiy of�his Sccurity Instmment or�hc Noie withom ihat Dortowcr4 �^;-�^'='
<br /> consent.
<br /> �t.«_,.
<br /> _ 13. Loan CharRes. If[he loan secured by�his Security InslmmeN is subJeet to a la�v which ute mazimnm Iw�n �r�t;
<br /> ` cAxtges.nnG Ihal law Is tinyly in[.iprcted w mat me inrercs�or otner imm cnarge.rniiccicd m iu Lc ivlle.iw i��wr�re.ucr� - . ... . .--....
<br /> wi�h the Iwn exceed�he permiu.d I�miu,�hen: (N any snch loan charge shnli b:rcduced by�he amount necessnry lo reduce �'_.
<br /> -= the eharge to the pe�mi�ted limit:and(b)any sumc ulready collecud from Porcower which exceeded permiRCd IImOs wlll M �=�--_--�
<br />-= rcPonded lo Bortower. Lender may choose�o mnke�Ids rcfund 6y rcducing�he principal o�ved under ihe No�c or by mnlcing n �;�:,__.,,.
<br /> dirtct payment�o Dormwer. It o rcfund reduccs principal.�he rcduc�ion�viil be trcaud ns a panial prepaymcnt wiihom�ry �:n�� �l,�t�.;-
<br /> „y pre{uynunl ehargc undcr�he Notc. :�s� + - -=--
<br /> - !A Notlees. Any notia ro 6ono�rer provided for in this Sceumy Instmmem shall bc given by Aeilvcring it or by -:, � - -x- "�=w'
<br /> - m�iling it by firsl elu+mall unlesx npplicable la�v reyuims use of ano�her method.The notice shall be direcieA lo�he Propeny - i '�.�,
<br /> = AJdrtss or any alr:t addrcss I3onoo�er designaies by no�ice�o l.ender. Any no�itt io Lendcr zhall he givcn 6y(rs�clus .�-'<.��4 �.
<br />�''� mul ro Lend.rk address s�ated hercin or any o�her addrcss l.ender Jesignaiel by notice�o Dortower. Any noiice proviAed for :;.__���;-;-�:_
<br /> .__� in th0 Sccumy Insuumem shall bc dcemeJ �o hm�. bccn giren ro Borto�eer ur Lender �vhen girm ne provtdcd ln�hiy .'.'�,."`:��_
<br /> - pamgmph. - � --:
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<br /> 15. Goserning Lnw;Se��erubilily. This Sccurity Incwmcro shall be govemed hy federal law and �he law of�he �.�, ,��� S?:�_:._
<br /> (udsdiction in xhich�he Propeny is loca�ed. In Uie eren�iha�any provision orclame of�hla Seeuri�y Insuumem or�he Nae �,",',f/<;;,qie�;'j+�'k5:"�
<br /> .'q conilicts with applicablc law,surh mnilia.hall noi aRcc�o�hcr pmvisionc uf�hi.Sccuriiy Inswmem or�hc No�c which can � �
<br /> 6e gIven etfecl without Ihe cun0ie�ing provicinn. To�his end d�e pmvi+ion,of�his Securi�y Insvumenl ond the Note arc , , '�,�'��h• ��..-
<br /> �� dtclmcd�o Ix severable. -" �,�I'�I''�o
<br /> ._� IU, tlorrox�er's l'opy. bortower shail�e g�ren one mniomied capy oi ihe Nole nnd of�hi}Sccurily In.hwu2N. `�.j"y � s�. _
<br /> - V. 7}ensfer ot1Ae Properly or o Uenelicl�l Inleresl ln Qorro�ree Ifall orany pan of ihc Prupeny or any imercsi in t, J��i� �+ �:
<br /> I�is solA or�ransfemd (or if n beneficial imerc.t in fSorm�aer i,xold ar transferted and 6ortower is no�a nalural persoN !;} �i"'i 3;:�.
<br />_...i� without Lenderk prior�vritcen consen4 Lender may,m iu op�ion,rcyuire immcJia�c paymem in(ull af ull smnc securcd 6y ����. �;.:�,�;,:+.,`.;
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<br /> '� ihis Security Instrunxnt. flowever,thi+option.hall nu�M exe`cixd by Lender if exerciu is prohibited 6y federul law ac of , �' -, _
<br /> thc date of ihis Securiry Instmment. ;t `��
<br /> ,�,,� ' • ,
<br /> � If Lender excrciscs this option,Lcnder shall give 6om�Her no�icc of aacicrn�ion. Thc noticc�hall prnvidc n periad of �'.-
<br /> noi less Ih;u�30 d:�ys from the da�e the notice i.delirercd ur maited��i�hin�vhich Ilarta��.r mua pay all xums secnrcd by�his -.r,
<br /> Seturily Inslrumcnl. It Dortox�er fails la pay Ihcx +ums prior to ihe expir��ion of�his ��eriod. Lendcr may incoAc any
<br />--(�t;r� rcmedies pemiitted by this Securiry In.uunwm�vi�hnut funher noiicc or demand on Oorroo�cr. _ _, ,.
<br /> I8. Dorrower's Right �o Neinstnu. If 6om�wer mec�s cenain condi�ion.. Ilonoaer�h:di ha.�e �he righ� tu hm�c ... . �,�,`�
<br /> '� � enfommem o(this Seeurily Instrument disennlinuM;n anr lime prior lo Ihe eadier of: (aI S dap.(or wch o�her�riod a1 ±
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