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<br /> � . condemnatiaa►or aUxt tai�in8 of any p�'t of the Ptoperty.or for conveyance i�!tieu of condemnatioa.�heceby a�igned and `
<br /> sha[1 tte paid ta.Lend�� , � , , °
<br /> — in ihe eveat of a total catcing of[he Property.the proceeds stiall be ap�lied to�he sums secumd by this Seeurity
<br /> _ � ituuumen4 a;heti�,or not thrn due,with any cacess��aid to Bortower, [�,the event of a p�utial�aking oF the Ptogecty in '
<br /> — which'the fair�t+arlcet�vaiue of the ProPenS'immedia�cly before the tat�itig i.s eqval[a er grcater tha�the amuunt of th�sums
<br /> �red by this Securiry,iaswment immediatefy befare tt�c taking.unles.�Borrouer and Lendu othcrwise a�ee in writing.
<br /> �-— the svms secured by tftis Security Inscttiment shali be reduced try the amouat af the ptoceeds mulfiplied 6y ttie fullowing
<br /> �.-_ — fradinn: (a}the to[al am�unt of t6e sums secured imm°•diatety before the taking.divided by(b)the fatr martcet vatue 4f cfie
<br /> —' Froperty immediately before tlie takeag. Any batance s1�a116e paid to Borrower. In the event of a partiai t�tcing of dte .
<br /> - ='"'� Pc�opecty in which the fair market vatue of the P�+aperty immediatety befoire the taking is less th:sn the amount of th�sums
<br /> secured immediately befate the taking.unt�s Borra�r•er and Lendet otherwi�e aerec in writing or untess appGcabCe!aw i
<br /> _ - o8�enr•ise pmvides.the ptnceect4 shall be apptigd to the sumc secured by this Sezurity Instrumet�t wfiether as rtat the sums are_
<br />- then due.
<br /> . If:the Prop�ty is at�ndou�ed hy Borrower,or i�after notice by Lender to Borrower thai[he candemnvr offen to make
<br /> �awazd or settle a cfaim for damages.Bnm►wer fails to respond to Leader within 30 days aRe;the datc the natice is given.
<br />_ ; Lender is anthoriz�to rnllect�d applp the pmceed5.at its opaon.eh6er to restaration or rcp�ir of.the Propert3r or to the V_
<br /> ;i�;�, sums seruced by this Security(nsuumen�.whettier or not then due. -- _
<br /> , - Untess Lender and Borrouet othenvise agree in wiiting.any application of p�oce�s to princi�al stull not e�etend or �
<br /> � ' _ postpone the due date of the manthly payments refermd to in paragraphs 1 artd 2 ar change the amount of such payments.
<br /> �l_ g�.a��N�.g�; �� t� Lender Hot a �YatveF F�te�s�on af the time far p�yment or _
<br /> .;,:.� ,::,'t: =
<br /> modification of amortua�ion of the sums secvred by this Secusity lnstniment gr5nted by Lender to any successor in intercst —
<br /> .` ` of Borrowet shaq nac_vperate eo reteasc the liability of the originaL Borro�er or Borrowere successors in interest.Lender �_�
<br /> _ ',.
<br /> � : ,; shatl not be tequiretE vs catnmence pmceedings against any sacc�.�in�interest or refuse to extcnd time for payment vr �___
<br />, - otheiwise motiify ainc�on of the sums secured by this Securitr��usnent tsy re.a�an of any demand made by the original ���-.
<br /> �=� --
<br /> Bomower orBorroweis'successors in interesG Any forbearance by Cender ia e�Er..ising any righc or remedy shall not be a ��:_
<br /> `."�,�,z`. :: ,:`. waiver of or pmclude the exercise o f any r i g fit or rrm e dy.
<br />':��?";'� � � ���cors�nd pssig�s Bqund;Joint and Several Liabr'I�'ty;Casignec�: The cavenants and agreements af this� �_�
<br />,.�l�ti;�;i;;r
<br /> :z�,.�,,. .�'�- Security t,�.�sment shall6ind and hee�t the successors and assigns of Lender and 8orta«ec:subject to the provisions df� ��=---
<br /> '�-t••� � ,naragra�,3t L7, 8orrower's covenants�id agreemen�ts shall be joint and severa�Any Eorra..�s.who co-signs this Security �'
<br /> ° - ' .'�:inswment 6ut dces��ce�ente the Note: (a>is cti*�a��ing this 5ecurity Instcam.��nnty tr���age.grant and convey that : �"��.;.
<br /> ��:��• ` ��� �orrower:s intesest in tln��roperty under the temis��u��,ss Security Instrumen� �T�b n>:not personslly obiigated to pay the sums , ^
<br /> ' �„.�=`�' � .:-� �secured by this Security Instrumen�:and(c)agrees t�.;;�.ender and any other B�?wer may agee to extend madify.forb�sr
<br /> - or the Note without that Borrower's, '�,�,�'� '�:-�+' ��
<br /> , or mak�,;.ny accammadatioac with regard to the t�m►s of this Security [nsuument . . � ''�
<br /> :� �, can5en� .' � --
<br /> � . '� 13. Laan'Ctta�'ges. If the loaa secured 6y this 5ecurity Instrument is s�ject to a law which+ets maximum l�,aca _- �°<:';__.�_
<br /> �' '�+���'� � charges,and that law i ti•frn511y interpt�eted so that the�anterest ar ather laan charb�,.�._ollected or to be callected in cannection �'- , `: -.___—�—
<br /> '' '�`�'"'''� ' with the loan exceed tlye gennitted�imits,then: (a),�.ay sucb loan chatge shaU be r�duced by the amount necessary to reduce �•.�T'�'�`�":r�''°�
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<br /> �''' ' the c e tu the a��ted iimit:and(b)any sucns already collected from Bocroaer which exceeded pertnitted lim�ts will be �s� ,�- - ���
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<br /> = ;. �,<� ; refunded u•�.�oaawer. '�.ender may c�aose to make thic refund by reducing ihe principal o��•ed:inder the Note or by making a -�":'�'��_—
<br /> ; i _ : ,rr�{ :_, direce�.?r,��s3 to Bartnwer. If a reFun;reduces principal.the reduction wip be Ireated as a p�:�t;al prepaymeni without any �
<br /> �5 , . prepa�•r��t;.isarge under the Note. ' � .: '�`� �,� Y
<br /> S � - '� 14. l�otiees. Any notice to Borrower pra•:•i.�;e3�ar in this Security Instra��tecit shall be given by detivering it or�s?: . �-:.
<br /> � 4:?'s:� � - mailing it by tir�t clays maii unlesti applirable law r.zquir��+u�e of anothermettscx�. i:�e notice shafl be direc;�ro the Property� � - {-
<br /> :Lr�. . • , ' . 1�
<br /> . Addresssac any other address Banowet de,ignat�s�r-.r,otice to L�,•nder. An; �3ee ta Lender shaQ be given by first ct�ss� ;� �-
<br /> ��� � mail to L'er.�dec:s uddress stated herein ar any other ai�LL:ess l.crtder c:�ignates by notice to Bortower. Any notice provided fcr
<br /> ::.. ', �. �
<br /> ��;:,,:;:,; • ;:-.:� y= ,-'��: i�; in this 5e�rity Instrument sbap be dcemcd to have[�een gi�e: r�F3arrower or L.ender when given s�s provided ia�i.iis.� ' .C:�.=i�'
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<br /> -;::,��,, ��.�-.: �.:• _ ParaSmPb. . , .>�
<br /> � '� ��`= ' 15. Governing l.a�r; Severubility. This Scct:rity tn�trume:tt rhap bz�•�i�,:med by fcderal law and the law of the ",•���
<br /> � �`'- jurisdiction in which the Property is tocated. In the event�hat any provision�:•r�ci:��,e ot thi+Security Inun�ment or ehe Note _ _ , �'•�'_�
<br /> . � confliccs with applicable law,tiuch contlice shall nut affect niher pravi�ians oi:�:i�Security Insin�ment ar the Nnte which can • '°�-
<br /> �',, ��: � :, '� : 6e give�effec�t withaut ihe ronflictia�provirion. To this end the proviri�m�. oi thiti Sece:ri�«. .lnvirument and the Note are � ` '._
<br /> ����,��.`�•• decl.re�y er be severable. ' '' '
<br /> ' ` ;�.;. : ' • , L r'�, �arrower's Copy. Barr��w e t.r fi a l l be g i c:n o n e c a n f n rt n e d c n p y o f t h e N o t e a n d o i•�::+Securit y Intitrument. , <<';;�.''- �s
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<br /> �, � tf':�`''=� - IZ Transfer af t'Jt�Property or a BeeeP�cia4�mierest in Borrower. li:ell or any pa�of tl�e Propeerty or any intcr�s+.:. ,, .: •4: i y�`'
<br /> , `, � it is tio1�ar transfesr�:,'.�'�r if a beneficiat intere�c*.�'�brrower iy ra l d ar trans ferre d a n d B o rc o w e r i s n o t�r:a t u r a l p e t s o n i ? . ...�-
<br /> ; � witharc'L�_�er's gr��*rritten con�ent.l.ender ma}.at it�c npti�m,require immeQiate paymem in fqil nf all tiums secur�d�v '.' ' �
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<br />�'��•�• . �',' ' this Sea:�::rY,$nstrG�:a�a. Hawevet.�his optian shall not be excrciseci by l.ender iP exercitic ic prohibited by fedeml law a��:ti .
<br /> .,_ �; .�. ��`. . 4 � . . .
<br /> '.�',;, , ._ ; thedatect`�:.isSec�r.:y.lnztrument.
<br /> ��# •' � � lf Lender exerc��::�lhis nption,l.ender tihaU,ire Borro�ver notice oi accelcr.Uion. The nmice~halt prov�de a peric:�i ct'
<br /> .: '° , . not less than 30 days:c_m thc datr thc n��tice iti deti•�zr.d or maited within wh���:ir•c�orrower murt pay al!�U�:�:�<_uted tsy ct�cs . �
<br /> � � Security Instrumens. if Banawer faily to pay ther� sum� ptiot ta the exF!r�.,an of this periad. Le�d:v�:�:-w;y inv��ke any .
<br /> �'�r� :� • ' remedies permitted by thi�5ecurity Im�rument�viihnut i'unher natice ur dem.�f_1 on Bunrn�et. .
<br /> :�;;. . .
<br /> . 1� �orrowee's Right to Reinsfate. If 8anawrr mert. �_rtain cc�n�litina�. Borro•»�� ��.�tap have Ihe right to#-�a�e�
<br /> � ' • enfarceTr;:�t oi thi�5ecutity tnstrumcnt di�rontinued at .my tiT:4;�r�or tu thc carlier of': ��!���.ay�1����ud�a�.hcr periu�l as � .
<br /> . tiinctc F'.imily..Funnie�t::r'Erc��ie�ta�c l�[F'[sRSf 1%tiTRI V,t;riT.-CniSrr-�+['uvenants �:'�b +,�ae����,1�ilK+er.��
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