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<br /> condemmtlan ot wlrcr Wcin�of any part uf the Property.or fa canveyanoe in li�u oi condcrru�on,arc hereby aui�ed and
<br /> �firll bo�aid to l.end�r.
<br /> In Ihe event ot a total Wcin� of the Pmperty.tho proceed� �h�ll ba +�ppliad lo the wms eecu�ed by thi� Secu�ity
<br /> Inqrurr�t.wf�elhcr ar ncN Ihen due.with my ozoe�p�ld to Bomnwer. !n Urc cveM af�putia!taking of the PropeAy in
<br /> wh�h tho f�ir muicet v�lue ot tt�e PropcAy immedl�tely before tho Wcin�is eqwl to or greater tlw�the unount of the�um�
<br /> �ocurcd by ihis Socurity Instrumcnt immedi�toly befora the ukln�.unka9 Barmwer rnd Lender dhcrwise a�ca in writir��,
<br /> �t�c�umr Recu�+ed by this Security incwment�hall be roduced by 1he amcx�nt oi tt�e procaeAr multiplieA by the fdloWing
<br /> fractfon: (a)�ho tc►tal amouot of�hc sumr Recured immaliutely before the t�l►in�,divided by�b)the fair market v�lue oP the
<br /> Praperty immedirtely bcforo the taicing. Any balance rhwll bc ppid to Borrawer. In thc cvent of u parti�l t�icing ot the
<br /> Propcny in whkh the fiir muket value of the Property immedi�tely bcfone Ihe Wcing is less lhan 1he�unount oP tP�e sums
<br /> �securcd lmmedi�tcly beforc the talcing. unless Bamnwer w�d L.cndcr attKrwise agKe in wr�ling or unksa applic�bk law
<br /> wherwiro provides.ltie pmcads shall be appllcd to�he sums secwod by this Security Inswment whethcr or�at the cumA we
<br /> then due.
<br /> If Ihe Ptaperty is�bandaned by Borrower,or if,after notice by L.ender to Borrower Ihat the condemnor affen�to make
<br /> an uward or senk a cluim for dama�es.Bormwer fails Io respond 10 Lender within 30 dayx aftcr thc date tha notico ia givcn,
<br /> Lender ia authorized to collec�and apply tha pmceeds.at its option.elthcr to restotation or�epair of tho Ropeny ar ta�he
<br /> sum.g�ocured by lhis Secu�ity Instn�ment,whather or not then duc.
<br /> Unkss Lei�der and Bcxrower athenvise ugree in writing,any upp�icatian of proeeeda to principul sNull not extand or
<br /> pos�pone the due date af the momhly peymeMa refemed ta ln paragraphs I and 2 or ctwnge�he wnount of sucb pnymente.
<br /> i l. Borrower Not Rekwsed: Forbeannce By Lender Not a Wdver. Exten�lan of tlie time For payment or
<br /> modif cation of amonization of the sums secured by this Secudty Instrument gronted by Lender to any successor in inter�est
<br /> ,° of Bamower shall not operate to rcicase the liubllity of the arigin�l Botrower or Borrower's succrssors in interest. Lendcr
<br /> •-� xhall oa he�uircd to commence proceedings ugainst any succes.u�r in Imerest a refuse to extend dme for p�yment or
<br /> •• otherwise mo�ify amoRization of the xums securcd by this Security lnstrumem by�ea�oo af any demand made by the original
<br /> Bomawer or Bortower's successors in interest. Any farbeurance by Lender in exercising any right or remedy shall not be a
<br /> ,., ,.,. � waiver of or preclude the exercitie of any righ�or nemedy.
<br /> ':.�, ' � - !2. Successors and AsslQns Bound;Joint and Several l.labilitya Casigaers. The covenunts und ugrcemcnts of this
<br /> a� Securiry Inshument shall bind and benefit the successorv und a.gsigns of l.ender and Barower. subject to the proviaions of
<br /> ,...�._.... , •
<br /> = �'F�,��'��*.'�'�• puagraph 17. Borrowers covenunls und agreemenic shall be joiM und sever.�l.Any Borrower who casigos this 5ecurity
<br /> •:��•• ;--;«::;;�a" Instrument but does not execu�e the Nae: la)iti co-signing this Security Instrument only to mortgage.gmnt and canvey tha�
<br /> "'�`'�""y:,���;=i.' Bomower's in�erect in the Pro n under the termx of�his Securit�Instrumenr, (b)i�not �sanall obli ated to the sums
<br /> - . .;�.�,t,,�. a Pe Y ! Pe• Y F PeY
<br /> • , secured by�his Securiiy Instrument;And Ic)ugn:ex Ihs►t Lender und any other Bortower muy ugree to extend,modify,forhear
<br /> `w,=;.•� � ^ �• �T or muke any ucrnmmodutiomz wlth reRurd ai the iermz uf this Security lnsttument or the No�e without that Borrowerk
<br /> . ° ���x�t�.,'.te�.;r consent.
<br /> '�"""��"' � I J. Loan C harges. I f t he loan cecure d by t hi, Securi ty Im tnimem iy +u h,je c� to a l u w w h i e h s e ts m a x i m u m lo u n
<br /> !%.�:�;�._;r'� "' ':`-i
<br /> - c6argcs,and ihat!au i:tir.sl!}•inier�sretz�c! :o sh:tt the inseres!or olher lQ:sss tharres collected ur te M rollected in ec+nn�ti!m
<br /> ; � �`�'':� .. � with the loan exceed ihe�:rmitted limits,thrn: (n)any xuch loao charge shall be reduced by the amount necessury to reduce
<br /> : � Ihe charge to the permiued limit;and Ib►any sumx nlrrady�ollected tn�m Borrower whirh excceded permitted limi�c will be
<br /> � • � neiunded to Borrower. l.ender muy chane lo mukc�hi,refund by reduring the principal owed under�he Note or by making u
<br /> direct payment�o Borruwrr. If u refund reducex prini:ipal,the reduc�ion will t�e ueuted ur u partiul prcpuyment without uny
<br /> prep�+ymenl chu�ce under th�Niite.
<br /> • 14. NWic�w. Any natice to Born�wer providrd ti�r in ihi. S�rurity Instrument+hull be�iven by delivering it or by
<br /> � ' .- mailing i�by fin�da�s m•ril unles.appliruble luw r�yuire.u�c ot'a�xither m��hiwl.The n�uice shull he dinrted lo Ihe Pmperty
<br /> ' , Acklre+s or uny other addres�Borrowcr de�igmnrx hy nutirr tu Lendrr. Any nMicc to Lender shull br given by fint clutis
<br /> mail to Lcnder z uddre...�;ued hcrcin�►r uny nihcr aJJrc+,Lrndrr de.ignatr,by naticc to Born►wer. Any notice provided for
<br /> � � ' in Ihi. Srrurity In.�runknt �h711 I+c dccmed w huvr tkrn Eicen�io B�xruwer ur l.cndcr when Eivcn as pnwided in thiq
<br /> �� ' ., pam�ruph.
<br /> ��"�� IS. (ioverninR I.aw; tieverabHity. Thi� Securit�� In.tno�xnt +hull Ix g��vemcd by 1'cdcral Inw •rnJ �hr law of the
<br /> ,� ..' ' juri.Jiriion in which�hr Pri��ny i.I�xutcd. In thr e�ent ihat am� prnvi,i�m ar rluu�e uf thi�Security Inslrumenl or 1he Notc
<br /> , • • canllict+wilh applicable I;nv.wch conllict+hul)n��t.d�lirt ullirr pro�•i.ionti ol'thi.ticcurity In.�runknl or Ihe Note ahirh run
<br /> t t�givcn eFtcrt �vi�hout ihr ronllic�ing pnwi.inn. 1i�►hi. rnd �hc pr��vi.iun. ul Ihi,Srcurily Imtrumrnt ond thr Notc att
<br /> � ,, declurcd tu tk�everahlc.
<br /> - !6. BorroNer'��'n�v. Rnrr��a�•r�h:dl Ix�i�ro u�u runti�rnirJ rup� ul'Ihr fvulc and ul'thi�Scruri�y In.trunknt.
<br /> ;`�r,;;��� 17. 'I�ansier of'ltie Property or a BeneBriul Interest in Norrower. It'�iU�K any p:ut of�h�Pro�xrly ur any intcr�xt in
<br /> . ' , it is wld or�r:�n+l'encd lur if a Ixnrtiri:il intrrr.t in f3orn,�u�r i..uld or tramlcrr�d:md Hurn�wrr i� nut a nutural �xr.on)
<br /> � '• •� � withaut LrnJcr:pri�►r writicn con,em. Lrnd�r m:q'.:d il.uptian.r.yuirr imm�Ji:itr p:i�m�nl in I'uU of all .um.,���«a ny
<br /> ' ��;�' thi�Securily In+�runknt, NoHCVrr,thi.u�,tion shidl not Ix rxercixJ by l.rnJrr il rxerci.e i.�x��hihi�rd b� feikrul law ux of
<br /> Itu dutc ot'thi�5rcuriry In,trumrnt.
<br /> � ; �' . .�.:., 11'LcnJer carrci+c,this op�iim.Lend�r.h:�fl gi« Fiarruwi�n�Nir�uf t�rrcl�r;d iun. l�hr nnti«�h:dl pra�•ide u�xrial i�f • ��:
<br /> ., •ti, ' , nm Irss than�O J.�y,frum tFk d:ur Ihe notire i�dc li�errd or m:iiled�rilhin��hirh Hi.rn�wrr mu,i pa�•all,um,.erurcd by�hi+
<br /> � ``' • `;'. Sccurit�• In.�n�mcnt. If Hurr��wrr t:iil. u�pa� lhc,c .um, pri��r tu thc e�pir�tiun ol�hi. p�ri�xl. Lrnder mi�y invakr uny :`.:
<br /> ';,�'t',:' ! remedir+{xrmilled hy thi�S«urit}•In+tn�mrnt aithuul ti�nhrr nutire�,r druian�l�ai Hurru��er.
<br /> � , 18. Burrox�er'� Itikht lo Reinstale. 1( B��rro��rr nirr�. certuin �•�,nditi�m.. Nurn,��er�hall hu�� Ihc ri�ht U� h:n•r
<br /> � entiircemem uf ihi.Serurim In,vumrnl di,r�miinurJ:u :m� tim�prior tu�lir r:uher��f: �:u i da�.i��r.urh uthrr�nri�Kl u.
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<br /> timelc f•.mul�• Funnh�Iue-F'reddie\I�ct\IF'tIK�11\ti'1'RI �IF.\1 l nd�a�nl'�.�.mm�. 9.911 y��::r���ln1+r�.•.�
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