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<br /> condemnatian or otAe�t:�l:ing of any part of the Prvpeity.ax t'or convcym�ce in dieu of ccmdemnatian,ate he�ehy acsigned a�d i
<br /> ' sfiall be paid.ta Lendcr. : .
<br /> ill
<br /> � tn the event of a tatal taicing of the Propeny.`�1�e pco�eeds shali he applied ta the sams serund by this 5eeurity
<br /> � Insitumestt.whetber ar na ti�cn due.wich any cxc��y paid to Bormi��cr. la the evcat of a partial tak�ng i�E the Pmperty m
<br /> � whici►th�fa+r maeket vatue of the Pcapert}imc�ted'eatety beforc the talc'sng i�eyual to or grc�aitr 1h•r»ah�:smount o!'ttu r�untv
<br /> �ured bg thisSeiurity[nstrument immed�atety.bc�fa.rc the t:ilcing.unless Baqrotver and l.��nder ntheR�i�e agrce�n w�itinE. �
<br /> the sums xcura!by this Sec�►riry tn+uun�ent +hul!fle.reduced!�y�he:unoum uf the proceed.�muftiptie�3 by the fu!lowittg �
<br /> fraction: tal ehe tata!amcwnt nf the sums secured imnT4`Eliately t+cfore the t:iking,divided by(b!the f�is markct�atuc of�hc
<br /> i'�mpecty�immedi�tetS befare the r�ing. Any batartcC��l�u!!be paed to Borrowcr. tn the eYent oi a psrti:il tai:ing��f tAr _ __
<br /> Ptope�tyr in wfiicis the fair m�rket value�f thc Propera7i,ammediately befom the tal�ing is ictis than the amuus�t of�itc rwnv
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<br /> seeure�immediately 6efon:the raking, untess Bor�o�a�Cr artd Lender otherwi�e agrec in «�riting �r unles+applica[ife faw
<br /> at�rise prc�vides,the proceeds shall be applied«s thu•uimti secaR�d by this Se��uity Instrument wh�'�tt�r ar snat th��ums am
<br /> then due. �
<br /> jf�he propecty is ab�oneQ b}Bortmver.ar.i€.afr..•r rtotice by I.ender to Botmwec tfiat the condcmnor oifer:s to maict _
<br /> an award or senle a claim for dam�es.Banvwer faiF.�ta:respond to Lender within 3I1 days after the date the natice is,gi�•e�.
<br /> � Lender fi"s authatized to oollett und upply the proceedss at its optian,eititec to restoration or rcpair of the Pro�erry or ro the _
<br /> :.._� _
<br /> • sums secum.d 6g il�is Secority Tnsuumem.whether or n�t•then due. �ication of roceeds to dnci al shall not extend or
<br />- -'`; Un�ess L.ertder artd Boimwer athenvise ag[ec in�writing.any app P Q �
<br /> - pastpone tAe due date of the monthty paymenxs rnferred t�in paragraphs i and 2 or change the.amount of such paymenis. � _
<br /> ,� .: 11. 8os�u�et Not Reieased: Forbearance By.�Lendev Not a tYaiver. Extension of t�te time for payment or ��:..�
<br />• � modifiration oFamartitaiion of the swns secured t�f:tbit Sectmty[r►strument gtanted By 1-ender to any s�tcc.e.ssor in intcKest ��'.�.
<br /> , of Batrowec shall not operate to t�elease the liabitiry of the ariginal Barrower or Barrower's successois in inte�+est. l.endet ��
<br />- .' z'° shail:qat be sequired to cominence roceedin c� p1Rht ap saccess�r in interest or�efuse to extend timr far payment or ����-.-:j;i-
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<br /> ` , _- othenvise modify amnrtixatian of the sums secured by�t!'.is Se�uriiy(nstnunent by reasan of any de�nand made h�the original �'" _-
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<br /> Buerowe�or Bamswers succcssors in iatemst. Any f���.'�rtce by Lender in exercising any nght or remedy:sitall nut be a ��._
<br /> � f waivsr af ar p r e ctude the exerGisc of arry right or cemsily- = ��"'�
<br /> ,'� � iZ. S�ceassars and Assigns$auad,J�iat ata��eve r a l l.i a b i lit�:Co-sigaers. The cov e n a n u a n d a g r e e m e n G s o f t h i s ; .
<br /> • _ �•,r�' Security Inst�urtreni shall bind and bertsfit thc succctsors aztd�signs of Lender and Botrower,su6ject to the provisions af ,� �.�•��
<br /> ' ���, parnpaph l7.BoRO�ver:s covenants and agreement:,'�shall be joint and severai. Any Borrower who ca+igns�his Security , ; • .�
<br /> , _ ��'` , lnsitumenl but does nat execute the Note: fa)is co-si�ing this Security Instrument only to martg�ge.gtant and convey that `sr.•',�,,.'',��
<br /> - . Borrotives's i n t e�s t i n t h e P r v p e n y u n d e r t fi e t e r m s n l r.h i s S e c u ri ty i n s t c u men t; (b)is not p e rsonatt y obii s a t e d to pay the sums ,�},}_F,. , ,
<br /> ' . secured by this Security lrl..�uuanenG and(c)agrees thitt,Lender and any other Borro«er may a�nee to exten4 madify.forbzac , ;`,;.:,; . �i?�
<br /> �;°-�"- � or make any accommod�iirsrs with rega�d ta th�.t�m�-S of this Sccurity Inucument or the Note without that Borrowes`s . . ;.�+; •;. . �-�_�
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<br /> � �`'�' --�-:' 13. l.oan[.'harges.:.J:f;.rite toan secured by.16is Security tnsmcment u subject to a law which sets maximum laa.�s. . ., , ' �. ---
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<br /> . �'� ` � e charges,and that taw is�ra.�J1w interpreted so thut tlta inr,�est nr other toan chargec.��3'�;ted or to 6e collected in ronnectian �=��,• -,.� � �y� �
<br /> • ��',�� • wilh the loan eaceed the '.»"tted limits.thcn: ttt#drf:,•wa�loan charge shal!be��°1�s�by the amount nec�sara to reduce �� �(�� �'`.�_
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<br /> .__,.. ..��gf:�1 . 'the charge ta�he permitteb darR�;and(bJ anSl.su!res a lr:.�s.iy co l(ect e d from Ba r r o«:-.��r�e x c e e d e d p e r m i t t e d l i t e t i t s w i p be ';�..`;.-;• '� �
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<br /> .. .� ��,, ,r refund e d ta 8orrower. L en der may c han s e ib�'s rn d;•.e.i i a"s r e f u n d b y r e d u c i n g t h e p ri n c:p:�l o w e d u n c i c.-s t h e H o t e o r b y m akin g a _.�
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<br /> -. .,.- .,�.�,t�;,; direct payment to Boaower. if a refuttd�c�ucc�:�ii":•'ripal.the reduction will be treated:x:a pastiai pr�payment without any . � ,.
<br /> .•��'' prepaymem charge under the Note. � • �'�� ''�`��
<br /> ' ' 14. Nntices. Any no+tice ta Borrower provide�l tor in �his Securiry Instrument shall be given by delivering it or by �}; : �?�;�R.�
<br /> . .�•���1 . �. i_a�
<br /> • ����y • mailing it by firs�cla5s�nz,El;unless applicablo lavF�quires usr af another methad.'ihe notice shaq be dire�Ked to th�Prapeny ��;�,,• . r ;'
<br /> �� �. Addmss or any ather addr�s Borcouer designntet.�by notirr to Lender. Any notire to Lender shall be given by br:ny clays �;.��;;, �. .
<br /> mail tv Lender�address stated herein�r any c�thu�addretis Lender de,i�,�tes hy notice ro Rortower. Any notice provided for ; �^ ; �'`• ���
<br /> Ry,..��,�,H=%:r'.• io this Security Instrumear�hall ha deemed ta h�t,r•e hcen given ��Ecc'ower or Lendes when given ay pravided in this , I ; • �
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<br /> , ��i��:•r:�•u�..c p 1�. Gorerning�.a�.-Sererabiltt}: Thia SCCUr".t�. i�strumem�ha{)be€ac ��,:ed by federnl la��and[he law of the ':�F;;`'�f .
<br /> • �`� '�' `'�=� urisdiction in tvhicb�he Property is loc;ateA.� In thu,e�U�::_„�t an IOYIStOi14T C�z::�.'c[chis Securit Inctrume�t ar the Note '`}rr:°°•' �:•_^__
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<br /> �;,..,L .,� ry�i.f.:_.�,y,l,.���� � con�licts with applicable law,such confl:ct�hull nat a�:�•c�::�er provisions af t:�i>��.�r:�u InStr:Ement ot the 1�an�a hich can ' .' ' .� ��.::.:�
<br /> ?��,. - n, ,:�`.� •' � 6 be given efi'�:c►withom�he canflicting pn,vitiiaa.� To tr;s end the e^j°4-ans cf•°.�. �:�:a:r."c� �r��r.asment and tnc Note are ', , , "
<br /> `:�;,;;�',: ;',, • ..• `"�,,'.f,�:;'• declared to Lewverable. . � , , �r�, •�,
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<br /> j , 16. Svrro�er's CapN BoROwcr:,hall bu gi�cn ane confi�rm�e�S�ti:�;:ti:r:he�:�:e and of thi�5erurily ln.rtrument. ' r.• •
<br /> � '� ,r '� � � 1?. Tran�'Per af�x��aoperty ur a Bear,Po:ial Interest in BorruR�er. If a[[c�:::.�y part of thc Property or any intcrest�^ ,_.�',-�,� :
<br /> `�;'�.'-- .� . �``�'�--° . � it is sold or tmnsferred ror if a henofieial intsn�t in 8orruwer i�tio l d or uum fe:..�c!an d Bartower iv na t a n a w r a l r e n n n� ' . . , ��;,�.
<br /> `��''��`•';�. ,.' .:;� wi t h o u!L e n d e r's p ri o r H r"*t e n c a n�e n t.L�:n d a r m.�y.a t i t s��p t i a n.r e q u i r c i mmcdiatc pa ymcm in full ai all�ums+ecured�j "`�..-:;;.:.;
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<br />.._,,�,.`:.�.;;;,'!;;� ` , this Security instrumem. However.�hir�oplion,Fhall not t+e exerciled by I.cnder if cxercisc ir prohibited by fedcral law u.c+; ► ' �'"��'.: '
<br /> ; '•�f'`+'• :�i�., ^� • the date of this Security lnsirument. � • � ��" •
<br /> ':�''�;;E' , , • +r,e. •
<br /> ::'•.ij;,. .� If Lenderexercises th•i,optinn.L.cndo�:;6n l t�givc Eo�:'c.r���'•_��+.:.�:o i'accc lcr:.:ion. T h r n o t i c e�h a 0 p r a v i d e a p c r i c.���f i, ,.
<br /> � . ,���;-• .•: '�.:�::= aot le+�than 3D dayti from shc�tu�hu n+�tice-iy�teliti•er�:z3�:+r i'�a�ied�vithin tvhich C�v:c1'�:xser mutil pay all sumti.:�-+-:��w by i::�> ,,�.,r:�, -
<br /> � •,'�h;�:��'_ � ' Secmity Instn�meni. If B�rrawer faitH ta pay+1 hc�e �urn, prinr ta�he expira�ic7 •�r fii. periu�l.l.en c ter tit�; :.-,s�:;ce an y ;�::�,;� � .
<br /> ' remedies permitted by ehis Secnrity l�sm�mant���ithaut further nmicr or dcm:md on iy�rro�scr• . ,
<br /> �� - '`� ' IS. Bnrroaer'.s Right to Rcin:,tutu. 16�Borrower�ncet+ cenuin condi�iom. 8an•u��•er tihall have the re51 :o F.atie t
<br /> � i�:,� .•
<br /> eniarcement uf this Security Instnemeat dis.uminucd at tmy Iinie pri��t tu Ihc carlier��f: tat S dyy+l��r suc{i otiie:perind a� �
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