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<br /> - �candemnation or otffet t�icing of any part of'tt�Propetiy.ar for coaveyance in liec��fl�cvqdemnation.ase lx�by a�sig�?n�i,,r .
<br /> ` shal►be paia co t.�uaer. � � ;
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<br /> � [n the.event of a tofal taking of the Prop�rcy.the pcoceeds sha116e app ,,,to the sumx secuted.by,thi.s,,Scc,'�s1�y;,�., .
<br /> — tnstrumen�whether or na then due,with any excess paid to Borrower. In the, veni pf a panial taking of ttu,��y,jz�;,,.
<br /> which the fair�c�arkct vatue of the Fraperty immediately befole che taking is eq ,ta ot gre:ue�than�the.suiu�tiA.t.4�the;rua��„;. --
<br /> - s�wzd by this Securiry Instrument aam�acety txfore the taicing,untess B •er.and.i.xncier othenvise agce�,in wa1���,,..
<br /> • �th�simu�serured bg this See�rity�Iacuumcnt shall be reduced by the amount�A the:ptoceeds multiplied by the;�ol�Qi�r{og„. -
<br /> ' fracrion:•Ea)the total amount of the sbms secured immediately f+efQ�the takin���divided by(b)the fait.ma�cet value,�►f t�t�;,,:
<br /> � PnoQertY.immediateiy 6efo�thc tafc'sog. Aay bata:tce sfea4l be paid t�Sorra,�vF��.,In 4he e�eru vf a paRial:t�.Y+!tig,q.f.t�,�,,,, _ .-- ---
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<br /> ptioperty in which t6e fair m�cet valLe of the Pmpeny immediately befote th�,�alcin�is les.s than the amaut�t;��he;uml4,,. -
<br /> secured immed'eately before thq taking.tmles.s Borrower and I.ender cxhenvi�,ag�e in wriftng or uniess apP'ic�tq,�au' ;:
<br /> -- othen�rise pmvides,the proceeds shal!6e applied to the sums secuted by this Set:unty[nspvment a�ltether ar not tf�e suu���te;, ,
<br /> - _ thrn dt�e. . . =
<br /> -=- ' If the propetty is abandaned by Borrawer.or if.aftes notice by Lender tii Ao{iuwer that the conde,mapr,qffetr,tp�a,��;,.. `.
<br />_;�=� .an award or settie a ci�ni far damagss.Borrower fails to respond to Lender w�����Ys afteF.the date.the.t4atic�,is.gi�!c�„< •,-
<br /> l.ender is autboiized to collect and apply the procer.d�.at its option,_either ti�:�estaration or repair of tf�e.�ra�,�qr t��.j�_;.;. :;
<br /> � �S�ur��yy this Securiry Instr�unent,whether or not t6en ciue. � i.
<br /> Unless I ender and Borrqwer atiterwise agree in writing-anY aPPlicati� :pf proeeeds,to priqcipal shal',nr�1�Rx����R�{t� . �
<br /> T'��. • postpone the due date of the monthly payme�►ts referred to in hs 1_ � e the amauni.af s4ch -•
<br /> paragraD and,,.�.ior�hang [�?Yn!�s��.,:;_-
<br /> " 11. Bocrower Not #ttleased; For6ear�nce By 1.ender Not a Wa�Y��;.,EicEension of th�;ti�F„for,pa}�;���
<br /> - modification of a�ponization ot the swns secared by this Security I�swment;�,�anted.by lxnder.to asry suc��spr,ip{(��}�t . _
<br /> of Bcrrmwer shall rtot operate to cetease the iiahility of.the ori�inal Borrow�,t�,o��orrowers successozs itt�ntc�,.i�itdec _ _
<br /> � _' � - sErail iiu;.be tequired to cammettce praceedings aga:nst aay.sucCessor in intr �t ar refuse to egten�t pm�r,far, �a�t a` -_
<br /> `"�� otherivi�modify amocti7atian of the su�ns secured by this S�urity Insuumen�,�y reason of any demand,�a¢e,�iy,t[� ; �►na � _
<br /> -� Borr`aW e��ar Borrower's saccessors us interest.: Any farbeaiance by Lender it�ghercising�ry righ�Qr�r�tix,iy,�6.rky{Ra��be a �.�
<br /> � waiver of or pr�ciade the eaercise of any right or remedy. ,=. � ' � �:..a--
<br /> � 12. Succ�:'s�4 Assi$nv Baund;Jaiut and Severat I.ia6ility;G►:'igtqers. The covenants;,�td,��,4;�tents of this - ���:v�
<br />- J�: Security Iasuumens..:�'�t bind.;�ti�henefic the successors and assigns of I.er�,3P.i and Bormwer.Subj�i te�i��provision,c of �__--
<br /> ' ' . Paragraph 17.Borr�;u•�s�c�pv+�.vits.and agreement.+shall be}oint and sece��,Any 8�wer who,Cp-5i.�ns this SeFuriey a--
<br /> *`� � Insuument but dces�texeaute the lYote: (a)is co-signing this Security Im.x}?,rat�ent only 4a ri�orlg�;g�grat�and canvev that ��'�"�-
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<br /> . Borra-arer's intcrest inl,dse Propeay.under the:terms of this Security Inswmer�`�b),is rtot persanatly,4b�i.�b�d to pay the.sums _..,:L,_,.,,.-
<br /> ;,i: . secured by this Security lnsuument;and{e)agrees that Lender and any oth�$o�rawer may a�cee t�e3tascd.modify,foii�ear • ••s��. _
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<br /> ', � or malce any accommodations with regard to the terms af this Security insiruntent or Ihe,No:e,wi4fecra that Barrower's _ •.
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<br /> .;�� � con�ea� ' • � � _
<br /> ''- Y� es. If the loan secured b this Securit Ccutcumen�;'�sub'ect ta a.!aw•.whi sets maximum taac� �;- _
<br /> t3s l.osin Charg Y }': �� . a 5�• .
<br /> ' charges:and that law is finalty intetpreted so that the inter�t aroti�er loan cp�rges coltected a�tR I�l�fi�i��n carr�dm° .�:�;,���-
<br /> with the loan ezceed the pertnitted limits.then: (a)any�uch loan charge sfta�!Ge redaccri hy th�,r?mc�q}nt necessary w reiface •,,°=__
<br /> �� the charge to the permitteA limit;and(b)any sums already collected from Bncmu�er��fiich exceede��m��ned timiGs ditl be -.t.•. �T- :_
<br /> �'` ' �efunded to Borrower. Lender may choose to make this refund by reducin�.tife.prircipai ni�er�afidg�•(ne[Yate or by making a ��{• �__�
<br /> � _ � dimct payment to Borrower. df a refurtd neduces principal.the reduction.!qjVl b;sreatc�i a�a garti7l p�3�Ment wilhriut apy '��� x�
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<br /> � .: , prepayment charge under the PIot,�.
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<br /> ' 14. Notices. Any notice ta @orrower provided fi�r in this Security,lnstrume�n sh�ll.i�give,�n Fn deliverin it or b ` ��-�
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<br /> �s:-, mailing it by first class mail unless�pplicable law requires use of another methad.The natiig:s�al�M��irraued to the Property ,�:.•�'}�.,.—
<br /> �_,--.,. ti k be iven b first class ''?I :� `. --
<br /> .,'-� �a Addmss or any other address Borrower dexignaie�by notice to Lender. ;Any notice to LepdeF•(�,� � Y . ?.�-il
<br /> . , ± � , � mail to Lender's address stated herein ar any other�ddress Lendet designtti�ti by notice ta Iio�row,Sr.,{�ny no[ice provided far _
<br /> in lhis Security lnstrument shall be deemed to 6ave becn given to Bartawer ar l.e�deE,when,gj�•cn as p�ovided in this ' �:���_
<br /> ` p�aragraph. ; ...,•�r
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<br /> . IS. Governing Law; Sevesability. Thi,Security Insirr,ment s�iai�be govemed by fedexr,E�)aw and the law ofthe a;�
<br /> � �'� ,. :�: : j►qisdiction in which the Property is located. in the event that any provi,iim or clau�e of thi�;�ecumty Inswmcnt or the.lFio`.e � �'•;;�,� �.-
<br /> , �„' conflicts with applicable law,such conflict shall nnt affect other provisions of thir Security Imt�upi�nt or the Note wh'sch can �s-- .
<br /> °: . ' " be given effect without the conilicting provision. To this end the prov�J.inas��f this Secarit}�[riufument and the Note are � ( . �' �_
<br /> , '::,`�� _ :� ., • declazed to be severable. , i ° '�,._.` ��"
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<br /> � �� 16. Borrowes'.v Cops. Basrnwer tihall he given one cnrtfc�rmed cupyr al'the Nate and�f th►s.,�rcuriry Instrument. ,':f;7y`>,` �,r°-
<br /> 17. Transfer oi the Prapesty or a BeneticiAl lnterest in Borrowe� Ii.�II or any p3rt o�tt��;�'roperty or uny interest in ,'�T .:��
<br /> ' •�. �`• . it is sold or transferred(or ii a beneficial intcm=t in Barrowec i�sold o,r ttan.tiferred and�rrp}sef,•�s nat a nawral person) , .��=
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<br /> . ''•�, without Lenders prior written consent.Lender may.at itr aptian.reKuiry,imrnediate payme�nt iq f�{(�,af alt,ums secured by s��____
<br /> � Ihis Security lnstrument. However.thix optian shall not be exerciyed Ny f,ender ii'exerc��c i��ral���jte.d by federal law as af � �
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<br /> • , y.� �� t6e date of ihiti 5ecurity Intitrument. � 'r. .- -�-
<br /> � 1i l.endee exerci�ez thiti optiun.Lender�hall give Bonnu•er nutice��f acceleration, '�'h4!�ntj�;�hall provide a pert❑d of . .
<br /> • �_ � �� aot less than 30 days from the date the natice is delivcred or maile��vithin;which Qnrrnucr�nu�1,�Y¢y all�umti secured(sy this . . .
<br /> • �,"�.�:- �;,.�. ' 5ecurity Instrument. If Borrower fails to pay �he.e sum�prior to thc c;xpiratiun nt'thi�,�x:ric�S}.,Lender may im•�kr any • • •
<br /> � •`d+'� '- remedies permitted by this Security Imtrument with��ut furthcr noticc ardcmand c�n H���ru}rer..,, ..
<br /> � �'-�:,_�: ' 18. BurroKer's Etight to Reinstate. If Hnrruwer mect.cen�in eouJitivn�. Norrm}•e(�,+hall hace,ihe righl ta have
<br /> , ' .' � ryy� enfoscemem of this Security In.irument di�c�mtinued at an�time pri��r ti�the earticr aF. !�).�,days lor�uth rnher peri�d as � .
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