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<br /> __�_ � _ : . : ` _ - . _ � - ,._ 10��38
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<br /> : candemnatIae or ot�er taicingof ar�y p�t af tht Praperty.or fot convey�nce in lieu o6condemn�tloci.,are hemby assigned�d .
<br /> � sh�116c�paid to l.endcr. ` . • � ` , . ,
<br /> ,. � ' In the event of a wtal tatcing of the Ptnpen3'•�e proo���� 6e a�P��e��o�e sums s�ecute��y �u�ry
<br /> _ tnsuurosn�whether or aot then due,with ung eaces,s pnid tp Bonowcr. la the event of a pan4al taking of ihe Pmpetty ia
<br /> w���{�u��value of the Pmpecty im�nediatety beforc the taking is equal to ot greater thsn the atmouat of the swns
<br /> sec�ued by this Security[nstmment immediateiy befare the taki�.unless Bomuwer and Lender,athenvise�LGree in wtiting,
<br /> . ' i��sums se�re�by ttiis Secutity Instrucnent shall be redaced by the amount of the psoceeds mu[tiplied by th�foflawing
<br /> _ h.��; �8}�e tut�!amoupt of t�e sums secuted immediately before the t�king.divided by tb)the fair marlcet value of the
<br /> propetty imrrtediately befc►re tt�e taking. Any batasue sGa116e paid to Borruwer.' in th�event oi a partiai taking of thr �
<br /> pnopetty i�which the fair market value of the Pmperty immediatety before dte taking is less tii:�n the amoiutt of th�e sams •
<br /> secured immeiiiauly befote the taking,untess Bmrower attd E.ender otherwise agree in writing or unle.ss applicable taw
<br /> othetwise pmvides.ttDe ptoceeds shalt be applied to the sums secured by this Security[nstrumeot whether or nnt the sums arc .
<br /> then due.
<br /> ' • [f the Ptoperty is ab:usdoned by Bamnwer or if,after natice by l.ender to Bortnwer tfiat the condemnor offers td make _ .
<br /> - an awacd or senle a claim for damages.Horrower fails ta nespond to l.ender withm 30 days after the date the notice is�iven.,, :•
<br /> - Lxnder is aatharu.e�to colloct and apply the praaxds.at its option.either m testoration or�+epair of the Propeny oe to t�Ut:: .
<br />- _ sums secuccd bp thi5 Secu�ity lnstniment,whether ar not then due. . . .: _". . —
<br />��;�: Untess Lea�r and Horrower othenvise agree i�writing,any apFlication af pro�eeds to principal shait noc exten�or,,.� :.
<br /> -:;: postpone the due date of the snonihly payments refened ta in Qaragruphs 1 and 2 or dsauge the amount of such pa�s.
<br /> _�-�, Il. Bortawer Not Released; Forbearance Sg i�ades Not u Waiver. Cttension af the time f��i+°ment or
<br /> -_ - — - maditcation of amortizati:r of the sums secured by t�is.5ecurity L►strument granted hy Lender tcc��uy.��tcc�s���n intec�est
<br /> - - — of Borrower shal}not c�z to relea�e the tia6ility e�tfie origiaal Borrower or Botrower�su�-�•in interest.T.ender
<br /> - shall not be tequimd e,n q.immence Proceedin�s a�a��t�s►Y successor in intecest at refuse to�a.sisne for payment or
<br /> _ -� >:citherwise�nodify amar�ition of the sut��.�ured 6�ti��Sxutity Inswment hy reason of any�i�ar�s istade by.the original
<br />.�~ ' ��artuwer or Bomowei's successors in inteees� Any Y`cir�'a�rance by Lender in exercising arry righ��or remed���.�f!not be a
<br /> - _ . waiver of oc��clude the exercise of any right or remedy.
<br /> ' . l�, ��s aad Assigns Baund;�3dnt and Seccr�l Liahi7tt_�;Co-signers. The rnvenants and agreemenu of this. .
<br /> ` . Securit��irt�cra+�:nt shall bind and becie�r_'��successors and assi���Lender and Boriower.ssib�ect to the provisions.af '. —
<br /> �< ' ``, .' Paragraph ly`Borrower:s co�enanu��eemenu shali be joir.��3"several.Any Borrower+�fio ce-signs this Serurif�% , _
<br /> - instrument but d�es aot ex'c-�x�thr Iva��taJ���F�-`'-�,fi tfiis Security lnstrumeni only to mortgage.graslt:"-,�.r..*`,��onvey that; _
<br /> �� � Borrower's interest in the Pcapetty undecth�tertna af�Z:s5ecurity instrument; (bl'u not pe�sonally obligafed����ry the sitms ____-
<br /> - - secnnd by this Securiry Inmurt�enx and(c!spe�a d?�.L�ede►and any other Borrower may agree to extend-^?�fy.forbear ___
<br /> , ,�;.,:� . ar make any�accommodations witb re�i w ti�e�rns af this Securiry Instrument or the Note without.that 8ortower'.s =_ ,�
<br /> a�. . cansen� , � -
<br /> 13. Loan Charges. if the loan secured by th1s:Security Instrument iti suh�ect to a law ��ich+els maximum loan �,�;-
<br /> charges,and that law is firrally inte�preted so that tl�e:�L�est or other loan charges��c�lected or to be colfecte�i�conneciion __r.,�e r_.
<br /> with the toan esceed the pennitted limi��.thea: (aY�g': S � �
<br /> v��b loan char e shall be s�iuced by the amount aerrs��.to�educe ��-
<br /> �`� ^ the charge to the permitted limit�and Ib)any sums�,i�?;coliected from Honawer which exceeded perm���G3:rits will be �°`°`"'�•
<br /> ����;��;>. refunded ta Sorrower. Lendec may choose t�make thi�sefund b}r c�cing tlie principal owed under the 1�cti:��as�c3�making a ,
<br /> ��;. ., direct paymc�.��t to Borrower. If a refur�n:.3lces principal.the r�:u����,-n will be treated as a parcu��Sn.�aS:-��i�'�iihout ar:�:',. �`'~s=
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<br /> , �y ,':: �?t� prepayment rharge under the Note. � , .•- � �• . • . . • " •.-
<br /> � _ `i:'' 14. Natices. An}•c�atire ta Borro�eer provide�'t•�x in this Security Instrument shall be gi��'��4`:��•"�'`�S�t or by � •�j. ,:-�_:
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<br /> � �?��;_ mailing it by first class m��unS�s applicable law re�;w:iti�c u�e of another methat_The notice shall be dir�i.�+,:�,x�.�ie Property ,�1; ;,,';',::_,
<br /> ,_ . Address or uny other addr�:3urtower designatey by notice to l.ender. Any notice ta Lender shult tre�cc+«^isy first cla.�.ti �.�=�.x;•! ..
<br /> • � `ti} � mail to i.ender's•address stated herein ar any ather addres+l.ender designates by nocice to Harro�ver` �!zc:,o:�::�provided for _.
<br /> in ihis Security Instrument shal! be dea��d to have been given to 8arrower or I.ender wherF�c�:�4�covided in this �•.1,•,� . _
<br /> . ; p�a�pn. �. .
<br /> • _ �� 15. Governing I.aw; Severablfi'tn.,'['�it Sec�ity instrument shall be govemed by federal law �r,d.�e law of the
<br /> . jurisdiction in tv6ich Ihv Praperty is tocat�. ta�Rr e��s?that any pmvision or ctause of thiy Security Instrnsr.�:�:,or the Nate -
<br /> '� ;- �';��, conilicts with applieable law.�uch confli�;�.9c:S n:�i=>4�:�i other provisions of thiz Securit.y Insaument or the Note which can
<br /> �';�. � . be given effect withnut the conllicting rsry::L:isio►i. '�o this end the pravi�ions of thic Security Instrumeni and the Nate an
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<br /> '�': :: dec{are�tnt�eseverable. •
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<br /> ,.. tb. �vower s Cupy. Barro�ver���::be givcn o�e conksrn�..�vpy of the Nlotc:md of this Security Imtrument.
<br /> � 1T. 1'ransie�oi the Property or a SeneGciAt t�Gra��si in Bar�a�+er. If a!!or any pan of the Propeny ar a.wy interest in •�� ' � __
<br /> + � � iv`is sold or transfesred(ar ii u benefrciat in[erest 6�:.�����•er is rnld ur tmnsferred and Barrowcr is nat a fs.tlrs►1 persan) �;.
<br /> i-; withaut Lender�prior writcen consent.!.«.Zdcr may:�::�:.+option,reyuire emmediate payment in full of al{curr.s sccured by
<br /> � ;;�,, this Security M�trument. However,thi<��.c7an rhall nat he exercixed hy l.ender if excrcise iti probibited by federal law.as nf . , . _-
<br /> . � � • �;' the date oP�his Sccurity In�trument. , _
<br /> ;'� � IP Lender exercises thi�option,t��Lr�hall give Borro�eer natice of.�cceleration. The natice shall provide a periad ol' . . _
<br /> �. �at Icsw than 30 days fmm the date the notice iy delivcrcd or mailcJ within which li��rro�ver mutit pay all�um�secured by thi� :
<br /> ,,.-::. • � 5�:uri�y In.strument. If Boru�wer fail�i��pay the+e �umti prior to the cxpiratiun uf Ihis periad.Lender may invuke any
<br /> ' _"��"� '�. remedies permitted by this Security fnstrument without furthcr itutice or demand��n f3orrvwcr. �
<br /> � • '-`��":�;t' ' 1�. Bosrower's Elip,l�t to Iteinst.fe. If B��rc�ywer mecn certain cunditinns. Hnrr��wrr�hall have the right to havr ,
<br /> � ' '{f�I�,�,:�l{�.i''' enforccn�scr-af this Security I�stn�menb di�cantinucd:d any timc prr►�r to the carlier uP: (u►5 d:�ys(or such other periud a4 . . ,
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