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<br /> � condemnation or other�aking of any part of the Property.or for conveyunce ln licu of cwidemnutian,u�lu:n�by uxri�neJ wal
<br /> -- shall be paid ta Lendcr.
<br /> in the event of Q totel taking af thc Property, thc Proceeda shull bc applicJ to thc tiumx sccurcd by Ihix Security
<br /> _ _ -_ inRinunen4 whether ar not then due,with nny excesc paid to @arrower. !n the event of u puniul�uki�g of thc f'mpeny in
<br /> - which the fuir merket vulue of thc Property immediately bet'orc the tWcing is equal to or grcutcr�han Ihe un�ount of tiie sumA
<br /> -� nccured by thiK Security Instrument immediately befare the tukin�,unle„Bu�rower und Lcndcr othcrwiM:ugrcc in w�iting, -
<br /> �_--�� �, 1he xumz xecured by Ihia Security Instrument shall be reduced by ihe umount of the proccedr; multipiied by tha follawing -
<br /> -- fraclian: (u)the total umaunt of the sums sccured immediutely before the�silcing.divided by(b)the fair madcet valuc of the
<br /> `-�---�--______ -� Property immediately befare the tnking. Any bulance xhall be puid to Borrowcr. In�he event of u paniul tuking of the
<br /> ' Property in which th$fnir market value of Ihe Propeny immediutely befarc the taking in less thun the nmaunt of Ihe suma `
<br /> ` - secured immediutely before the tnking, unless Borrower uod[.ender otherwise agree in writing or unless upplicable Inw
<br /> ,_ otherwir,e provideg,tho praceeds ahall be applied to the sums aecured by this Security Ins[n�mont whether or not the aums ar�e
<br /> _ t0�en due.
<br /> -- If the Propetty is ubundoned by Bormwer,or if,aitcr notice by Lender to Barrower�hat the condemnor nffcrs to muke
<br /> ��=�� an uword or isettle a cluim for damuges.Borrawer fuils�o respond to Lender within 30 duyw After the dute the notice is giveu,
<br /> -R--=_-'� Lender is authorized to collect nnd upply the praceeds,ut its option,ei�her to res�orntion or repuir of the Property or lo the
<br /> „:,, sums r,ecured by this Securiry Instrument,whether or not then due.
<br /> ��� Unless Lender and Borrower whenvise ugree in wriling,uny upplication of pnx:ceds�o principal �hull nat extend or
<br /> _--_-`:;� pastpone the due dute of the monthly payments referred to in paragrnphs 1 and 2 or change the Amount af such paymems.
<br /> ll. Borrower Not Released= Forbearance By I.ender Not a Waiver. Extension of thc time far payment ar
<br /> �_�,� madificatian of amonizution af the sums cecured by this Security Instrument grnmed by Lender ta uny successor in interest
<br /> -- of Bormwer ahall not operute ro releaxe the liubility of the original Borrower ar Borcower's tiuccessorx in interesl. Lender
<br /> T�^`�•
<br /> -'�•: ahull not be required to commence proceedings ugainst uny succe�sar in interesl or refuse to extend time for puyment nr
<br /> ��-- -- -- - ` otherwise modify amortiza�ion uf the sums s�cured by tl�is Security Instrument by rcuxon nf Any demsmd mude by the original
<br /> -- --"".�° � Borrower or BorcowerR succeswrs in interest. Any forbeurunce by Lender in exerciaing uny right or remedy shall nat be a -
<br /> ---- �'v..
<br /> --=_•��•�. waiver of or preclude thc exercise of any right or remedy.
<br /> '—'°°"^"='-'°�` • � l2, Successora and Assigns Bound;JoMt and Several Liabllity;Co-stgners. The cuvenants vnd agreements of this
<br /> �,.��•.,-,;. .,;�;.: �
<br /> =��""�`'`��• - Security la4tcument shall bind und benefit the successon und u,signs of Lender und Boreawer,subject ta the provisians of
<br /> _;t.;.�..
<br /> - ���=��� parAgruph 17. Bonowcr�covenuntr und agreementx xhull be joint und severul. Any Borrower who ca-signs thiti Security
<br /> _ �—`�iar��.s '
<br /> -�-�s;._.�• - Instrument but dces not exe.cute the Note: (u)is co-signing this Securiry Inztrument only to mortgage,gront nnd cunvey thut
<br /> �",�'��'�� Borrower�tnterest in the Property under�he terms of this Securiry Instrumenr, (b)is not personully obligutcd to pay the sums
<br /> ,,�ti,�.��.;�-�� • secured by this Securiry Ins�rumenr,und(c)ugrees thut Lender und nny other Borr�wer muy ugree to extend,modify,for6eur
<br /> W- ��: o� muke any uccommodatians witb rcgurd ro thc terms of Ihix Security Inslrume nt or the Note without Ihat Borrower!s
<br /> _ ��'��+� . consent.
<br /> ����� 13. Loan Cha�eR. If the loun secured by thix Security Instrument is .ubject to u luw which sets maximum loun
<br /> =_° �r�;�.HS�`"�:±�' ..
<br /> Y ���"•`}'��.:. chsuges,und that law is finnlly interpreted no�hat the imerest or other loun charges collected o��o be collected in connection
<br /> �5 �,=� -:.- with the loun exceed the permitted limits,lhen; (ul uny such loan churge tihull he rcduced by the amount nece..ury w reducn
<br /> •��y�.�^ the churge�o thc pertnitted limit;and(b)any xums alreudy collected from Borrower which exceeded prrmittcd limits will be
<br /> p.:7.-`'. •.
<br /> �;�}_'. � , • , refunded�o Borrower. Lender muy cha►.e to muke thix rcfund by��ducing the principal owed under the Note or by makmg u
<br /> -- ��� '' direct payment lo BoROwer. IP a refund reduces principul,the reduction will be treuted u.u partiul prepnyment without uny
<br /> ' u ,`;�,,:,�� prepayment churge under thc Note.
<br /> ��r `` ,;:`'�'^0r� "� l4. Notke.s. Any notirc�o Borrowcr pn►vided for in this Serurily Instn�ment shull be given by JelivrrinR it or by
<br /> • '��.. ",;��:: muiling it by tin:t duss muil unle.r•s upplicablr luw requirc+ure of unu�her methal.The nolice zhull l�direc�ed to the Prapeny
<br /> • -: a�� Add�tix or uny othcr uJdre�s Bnrr�►wcr designutrs by nutKC io l.endcr. Any notice to Lendrr zhull bc given by lint clus,
<br /> r:�` muil to Lendcr+uddretis riutrd hrrcin ur uny othrr uddre.+L�ndcr Jc�i�tnatr.by noticr a�[iorrowcr. Any nutice providcd ti�r
<br /> � • �� + in �his Security In.trumcm +hull Ix dren�eJ u� huvc Iken Eivcn tu Horrowrr or Lcn�kr when givcn u. providcd in this -
<br /> .:�� •.,`
<br />. 4:�•;.;c:�_,. purrgruph.
<br /> X•� IS. GuvernMR I.s�w: tieverubility. 7'hi. ticcurily Inti1rumcw �hul) t►c gnvcmcd by 1'cderul Irw und Ihc luw of thc
<br /> ,;� . . �..•%.`"`"°i� jurluliclian in which�hr Pro�xrty i,1�xu�eJ. In thr cvcnt�Ncu uny provi+iun ur cluusr uf�hi�Serurity Inx�rumrm�ir�he N��te
<br /> «�. �ar conflic�,with upplicuhlc luw.yurh r�mtlict.hull nnt uffect uthcr provi.iun.ul'�hi,Sccurity Inxtrumem nr the NWc which cun
<br /> {•*'�-�.•.. • be givcn rfi'ect withow ihe contlic�ing prnvi.ion. 90 Ihi,rnJ�hr provisiun,��t'ihi. Sccuriry In��rumcn[ unJ thc Note ure
<br /> ;,:°'�'�...�' . declareJ to he x:veruhlc.
<br /> °' 16. Borrower's Cupy. Ho�r�►wrr.hull tx givcn unr cunli�muJ copy ol'�hr Nutr unJ of ihiti Sccuriry In+�rument.
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<br /> •.�,� .• �� 17. 'llrunsfer oP the Property�K+�Reneftcial lnterest in Borrox�er. U'all ar any pun of thc Pro�:ny��r any intereti�in
<br /> � i� i�sold or trunsferrcd lor il'u Ixnctiriul imcm,t in Born►wcr i. ,oIJ or Iran+fcrted und B��rri�wer r+ not u nu�ural �nonl
<br /> ` �� '<�"�^ •� without Lender's priur ariuen consent.Lrnder muy.at itti up�iun. reyuire intmediutc paymenl in full of all.ums xccured by
<br /> y 'Ihix Securiry Instrumcn�. Howcvrr,thi.opliun.hull not he excni,ed hy Lendcr il'rxrrcisr is prohibited by fcderul IAw us of
<br /> ' '� *� the date of Ihis Securily Inxtrument.
<br /> � � If Lender cxercisrs Ihiz option.�.•ndcr xhull givc Bom���•cr nolicc�►1'urcclr�uti�m. Thc noticc shull pruvide a peri�xl al -
<br /> �
<br /> • : ,c.=.. . not less thun 30 duy�from the Jatr thc nutirc i.dclivenrJ nr roailyd within whirh B��rrower mu.�p:ry nll xum�.ecured by thir
<br /> � �:�.�' ., Securiry Instrument. If Borrowcr fuil+�o puy dx�e �wn.r priar tii the rxpirali��n ol'thi, �xri«i. Lender muy inv�ike uny
<br /> • • remedics pemiittcd My thi.Sccurity Imlrumenl wilhuut 1'urlhrr noticr ur drmanJ un Horn►wrr.
<br /> 18. Borrower•s Ripht to Reinstote. If Barn�wcr mcel. ccnain rnnJi�ion�, Burrowcr .hull havr thr righl to havc _
<br /> � enfarccment oi this Securiry Imtrumcnt di,rorninurd:u anr nmr priur a�Ihr r.�rlier��f: lal 5 day. a►r.urh athcr�xri�xl u�
<br /> ' ' . Singk NumUy••Fannk�toe/Freddle S1ar CYIF(IN1f I�ti'1'Rl•NEh'I'•-Um1�Mm Cu�cnuM� 9/SI0 ryti�.tr d rr�n pr���•��
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