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<br /> --it ��d,rtenatiQn or crthcr taking of any p�t of thc 1'copettY-or for conveyancc in lieu af c�ndemnatian,are here6y a.signcd an�f
<br /> = shail be paid to Lendcr. �
<br /> � In the event of a total�taking of the Pn>pe�ty.�►e p��d�:�halt be appli:d tn the.auntc secured by li�ia Secerity - _
<br /> 1t��truincn�whethe��or nat tlicn duc,with ang excrtis paid t�i Borrow�cr. In the ev,ent iji'a p.�rt�a�taking uf thc Pcopcny in
<br /> - which the fais market vatuc nf the Ptoperty immMliately befon:the taking i�cqua!to ot greater than the:u�wun�of the+umy
<br /> . securcd by this Security intitryment irnmed'eatcly 6efore the taking.unk.s Bano«•er and L.endeo othrnvise agn:r in writ'sng. �_
<br /> _ -- ' �h�sums secum�6 y this Saunty tt�strument shal!be re�uc�ti bY 1he amuunt of tlie procee�L+muitiptied by ihc folta«ing �
<br /> ° fraction: (a)the totaf amounc of the sums�ecured immediately befate the takirtg.divided by tb1 the fair markei�atur of ihe �3�_
<br /> �_�_- -
<br /> _- - — = PropeA} immediateiy:before.�he'u�Rin& Any balar►ce�hali be�paid to Borm�Yer. tn thc evcnt of a p:utiaf tal:ing of the �_�y�_ —
<br /> ptbperty in which the fair tnurket vaiae of the PcopcRy immediately Gefore thc taking i�tes�than the amount of thc.ums �A����
<br /> -- secured immediatety before t h e t a king,►m ies.s B o r r a w e r a n d l.e n d e r o thenvise a g n e e�n �vrsting or unles+appliwble [aw �_���,__
<br /> . �� othe�wise praYides.the praceeds shali be applied to the sums secured by this Security Inswment whether or not the sttins ane �.��,�m"`
<br /> ����
<br /> - :=:: x- then due. ��;'S�-A�-=
<br /> r (p the property is abandaned by Borrower,or if.after notice by Lender to Basrower thst the condemnor offers to mak� , ___
<br /> - •==-� an acvanA or seale a rlaim for damages.8orrower faits[Q mspond ta I.ender within 3U daYs nfter thc date the notice is given, y��---
<br /> � _ �;��-:�=-:.
<br /> .,�,�`,. _ Lender is autharized to collect and apply the proc�ds.at its oyaon,either to reuoration or rcpair of the Ptopeny or to the _ 1 __ �R
<br /> �. ' sums xcuted by this Security[nstnunent,whether or not then dae. licatien of roceeds to principai 5ha11 not eatend ar _�
<br /> � ` � UNess Lender aad Sarrower utheiwise agree in c�riting.any app' P � �a� _;_ _
<br /> • �`r': postpone the due date af the monthly payments refer�ed to irt para�-sphs t and 2 ur�ha�Se the amount of such Qayments. : Y _ � - ��,
<br /> � '.. 11. Borrower l�iat Rele�ed; Furbe�raace BY'Le»aer�°t a �;a��es' Ex�ension of the time for payment or : �Y�:„�' .='-
<br /> :. m o di fi c a tinn of amonir�ion of[he sums secared by ihis Seeurin�nstnsmenE�r�ted by Lender to any succe�sar in mte�st r-E��Eµ= -
<br /> - �i. of Borrower shall nat operate to ret�ase the liability af the ori�cCal Borro�c�c�_�..8orrower's sacce�surs in interest.Lendes ,.�
<br /> , �,:�
<br /> . . � �., shall not be cequiied ta commence�occ�edings against any succe.ssor in iac���.1K refcue�+T extend dme far paymetit or rt:' :;_,-_
<br /> . . atheranse rnodify amarazadan of the sums secured bv this Security Insuurti+ea�i���"-.,.ason a�any demand made by ehe original ,;�_
<br /> '� Borrower os Bormtiti:Er'.s,a-uccessors in interest. Air.!�Forbearance b�Lender in r�s.�ising any right ar m�rtedy shail not be a .. r
<br /> ' �- ' ir.� -
<br /> -' ' waives of or preclu�e�?�exercise of any rigfit ocii��dy. . .. , `3` -�
<br /> ' '�.�'�`:;��•" �r • �, gu�s aYtd Assigas Round;Joint�.�Seveca!Liabiiity;Co-��2rs. The covenants and�caemencs uf dus �_
<br /> '�� � g��-�,r�e�:;shal{bind and benefit the successors and,assians of Lender and Borrower,subject to che provisia�.�u:�. � .,;,5 n�,
<br /> _ns
<br /> � � r LZ_� er�wer's covenants and agreement+shait bc jv3�cs ar►d seversl. Any Borrower who co-signs this Sec�r:c�_' . _�+r '
<br /> -7 , �s._.. •;�ar2��J' � and conve tit3t �
<br /> °� �.: :� ��������.ti.r,,?�c execute the Note: (a)is co-signing this Security Instrument only to mongage.grant Y �.� �" � .
<br /> �, .�,;' , •:,B•�����i�inter�i�fi:L.PropeRy undert he terms o f t his S ecu ri ry I n s t r u m e n� (b l i s n a t p e n a n a Q y a b li g a ted to pa y the sams .� �.-_
<br />..`,;,,�:., ;��;' � '•�,_,��;�is ce�'_r:_:•��istrumenl:arid fc)agnes that Lender and any ot[ier�crcower may agree to extend.snodify,forbear ��`, ' � � c:,.
<br /> a.. �
<br /> ,� ,�. <:.. , ,��...,;,{,t�;�. �-��3a'tiac��uii�.,eard ta the terms af dris."�r:curity [a.trament or thc Note without[hat Borrower's !,a` �C �a ':
<br /> �, �t`;� :t ' ' ��.�� :.. .. •. . . . �r , �, ��',,. .�t
<br /> , ' . , �, �a�,'�, ,� if�ihe ioan secured b} this Seea.r_� fi�r�feumen�,ir subsect to a law which set�maximum [aan , , y . ,,�
<br /> ;i_,, Y .`�s; , ,' , c'`;;a�
<br /> ,; charges,and that 4��c�E�nity intetpreted so that d�interest vr nther loan c�ar.�.+callected ar to be coltected in conaerrtian
<br /> � . �Yk' ; '..:-r'';. . .. ' with the loan exceee�t�,::peimiued limitc.then: l�i:�y�u��►loan charge sha1L"c�reduced by the amount neces.tiary to reduce �`:; - -
<br /> " the charge to the permitte�l limit;and lb)any sums already collected from Borrower«hich exceeded petmitted limits will he Y,'
<br /> � ; . refunded to Borrower. Lender may choase to makP thisPefund by ceducing the principal awe Punderp�y te or by making� , ��
<br /> - � • direct payment to Borrower. If a retund reduceti rinci al,the reductiorr a'i11 be treated ati u artial a ment withaut an ,. �;���.
<br /> „ � ., " ,- prepayrnent charge under the Note. .. �- _�1
<br /> •.� " . 14. NoNces. Any natice to Borsowcr provided far in thi�Sccurity Instrumcnt,hal!be given by delivering it or b�
<br /> , �+r' � •� ' •, mailing it by fir�t clast mail unletis applicable law requires u�e of anather method.The notice,hali he directed to the Pmpeny .. ,.
<br /> -�. _� Addmss ar any ather address Borrower dc+igna[e+by notice to Lencier. Any noticc to Lender shall Nr givcn by�nt cla+� �., �
<br /> • •=�c: � ' mail to Lertder+addrcss�tated herein or any othet addres�Lend��r de+ignates by nulice to Borrawer. Any notice pruvided fiu ;'. .�,;i�
<br /> � �:� � in this Security Instrument shall bc dcemed ta bave becn given ta Bc►rrawer or Lender.,wfien given :�r pm�ided in �hi+ . �a T
<br /> `,�`' par��aph. , , � . -_-
<br /> =♦��;"�:�� ' � , ' 15. Govesning l.aw: Severa6ility. Thi.Sr�curity Instrument �hail hr: govemed by feder�l ta« and�he law of the T
<br />. '�'" "' � . : jurisdictinn in which the Property is lacated. In the event that�ny provi.inn or clause oi thi+Security Inswmem or the Note ,.�,�:
<br /> - � conflicts with applicable law..u�ch conflict shall not affect athcr pravi�ianr uf this Sccurity ln.tn�ment ar�he Note whi�h can _
<br /> ' ��3;�: • ' be given effeci with�ut the conQicting provi�ion. To this end the pmvi�ion.��f�hi.Securiq• In+trument and the Note are
<br /> , `�:: . . �slaraf to be severable. ''•�
<br /> -�;$� : . ' � .• CGi BorroR�er's Copy. Borrower�hall bc given one confaem�d copy��i the Nutc and nf thit Security Inytrumcm. ,
<br /> • ' ,=T i7. Transler c�f che Property or a Beneficz�llnterest ira tiarraaer. If.zil ar any part of the Pruperty or any intcrert in _
<br /> :;,,Ir�. "`�'� ' ' it is sofd or tr.insf�xn�i tor iP�ixneficial inter��1 i�i Bum�uer i��atd or tr.�::fe�rrd artd Borrowcr iti nnt a natural{knon► ' .
<br /> , `,,::;�; ; :`'`'• .. ' witho4T l:ender'c F��i:•;wriuea con�ent.l..endcr rn'a}�.;,t itti:;��ti�:i�:cequin;•iin�nediate payinent in full o(aU tiums secured by , . ` . ._
<br /> ; <i:' � this Secwity instrumen�. However.thi�nplion�I+:;.Il nui.i�e c«n:r.��d by ix�°::.r if excrrirc iti prohibitcd by fedcral taw ati of
<br /> `•�`��;�``� the date of thiy Secer.ty Instrumenc.
<br />'"''�_' � tii<�. � . . � • ' - .
<br /> ' ;y ;,, If Lender exea:i:o�;thir aptian.l.cndcr tihati�ice Horso��:r ni�ticc ot`s�:i:��tcratiun. Th�notice shall providc a periud of �
<br /> not less than 30days ti�or�the date�he nutice iy�ii��end�n maitrd a�ithin�sh,+i�Barro�cer murt pay ali ticm��ecund by thiti ,
<br /> . • ' Security Instrumc�ri. [f Bc�rrow•er failx to pa} itx�c .um.priar to thc c:�p,'.�:ian of thi� perioJ. L.cn3L-r mag im•okc any
<br /> � � � remedie�permitted by thiti Sccurity Instrumcm�vith��u1 funher c<�ticc or drma�td on Bc�rrowrr. �
<br />�'• � � tN.'Horrower'y Right tu Rein4late. If F3c�rr.nver mu:t.� crrtain cunditionti. Horrm�rr�h:ill ha��e the right tn have
<br /> . . . , cafo�mem of thiy Secur►ty Inytru��cnt disc�,ntinucd at any nr,a:p�ior tu th�c:uli�r��f: Ia)S�iay�(ur.uch uthcr pLriud a. � .
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