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<br /> `r .� condemnation or�ther mking of aay pa�t of tt�e Pi+npe�ty,or for cuav�anq�'an lieu of condemnl on.aie h+ereDy acs�gned and ' �� �°iM` -
<br /> `- � 4 ro y t. .. t �. -
<br /> � S�1 bC�S[d tO lRitd�f .. �f „ ° _
<br /> < `�. E . ° a , - - In the event of a total taIc�g of We t�ropeny.�he pmeeeds sh�ti��i�apP?�to the suma�ew�f Dy tfl�s S�."uri�� �` � _
<br /> `� ' ' �.a�� �."," ` iaswment,wRether or.not then due.witA anY excc�ss paid to Borrower, tn��he event.of a pania{taking of tha Prnperty i�r � �o :�r �,
<br /> ?^ � �� ��r�-��° pe y y t o o r e r t h a n n t h e a t+i o u n e o f t h e s u m s � �e �a.
<br /> �4f, . . � < - whicR t he fair m a d c e t v a lue o f t he P m n imm e dia te l .6 e fo r e t h a t q k t n 8 i�.i�l,t�a l �e a� t " �':
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<br /> - �.�°:,�.�t� secured by thic Securiry Instntment immediateiy befor�thc taking.wtlo.sc`Botmwer artd.l.QrtdCr-othenvise agr+ee in writing. . L;
<br /> . �'�;:�"�' _``� ;�° y� ��s u m s secumd b y d�is Securi t y U�saument shail be eeduced bg tha amtti(At of the �muitiplied by the followur� `���"s'•'` •t���:�'.'-
<br /> . , , A` ��.�:.�;:;_
<br /> - •�_ �` : :,.� fiaction: (a)tl�e total amount of the sums�.immediatcly.4efoz+e th .tt�ing.dividPed���the fair market vaIue of the_ '�'�, :�;�t'`.,;
<br />_ �� •�•4::�';,' �.�: .�V:_�.::u;2� .;:;�:;
<br /> =�sa P_ a�.;.``•. . pnoperty immediatety before the mking. Any balance shalt be paid ta�i�rrowe� In the event of.a pattia! �aking of the �.� '�;;i
<br /> >;�,Y ._� �_„�i<<: • P m p eR y.i n which the fair maricet vatue of the Pt�ape=ty immedi�tai�►6efqt�.the taking is tess than t�e amv�t of tQe sums
<br /> � `�_-.;,� secared immediatety before Me tatsing.unless Borrower and Lender othecwise agree �n wdting or unless apQlicaDle!aw y � �r -
<br /> otAerwise pmvides.the pra,�eeds shall be apptied to the snmsseciued by.this Security(nswmenf wtsether or not the susns anc - �� ;:'-
<br /> -�t then due. `� � •
<br /> ff the Property is abandoned by Borrower,or if,after notice 6y.Lend�ta Borrower that the rnndemnor offers to make. , ��.; � _
<br /> • an award or settle a claim for damages.Borro�ver fails to iespond ta Ixnd�+vithin 30 days after the date the natice is given, � ,�
<br /> � � Lender is suthorized to col lect an d apP i y t he pro c e e ds.at its op tiQn.ei t h��t e.5 t 4 r a t i o n o r c e p a i r of t h e Pro p ert y or to the •r;.• _ `` ..
<br /> . ! ? .' . sums secw+�d by this Security.Instrumen�whether or not tfien du�.. '', .
<br /> :°.,;,�'4. ;`�' UnIess 1.eader and Botrower otherwise agcee in wpting,.enK•uppli�atl4n,of praceeds to pruicipaE shalt rtot earead or � ��, :,
<br /> ' "°�r. n�the dae date of ttie monthl a ents refemed to in arr�a�hs.l�nd 2 or chan e the amnunt of sucb a eats. =:.:.�>:';u..�::<:: :;
<br /> .... ,.� ��::��: postpo Y P Y� P € P Y�►E �,;,.�. „
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<br /> - ``�--k�;;..`::..�-.�•::_.�:= 11. Borrower Noi Reteac�d: For6earattce 8y 1;en�er`�"at a V�laiver. E�crension of the tirne for pa}rment ar ; :,-,�•4`v.:t�;:.��,.�:::;�::
<br /> � -� moditication of amoitiaation of the sums secured b this Ses�aritv�hi�cument gr•u►ted by Lender to any successor in intere.ct _ - ---��',+..;�
<br /> � ;:� g �'��.�.=._;x;:.,;,-. -
<br /> � of Botmwer shall nat operate to release the Iiability of tii�.a�iiral�'Borrower or Bomower's•successors nt�n*� 1.ender : s ;
<br /> � � �° :.f :;� ;: shall not de required to commence proceedings ag��e wy su�es..�r in interest or iefiise to extend time fq���±�i� . . , c '"^ �,^:
<br /> F� � '� L� , otherwis�madify amortiznrion of the sums secu�ed by thi�5t�cntilK In��t►ument by reason af any demand made by tisz c�:gurat '.,r .L`._�
<br /> ,.. . .� ' .r�>>:`� Botro�ver or 8armwerk suocessors in intenes� AnY fo�b�ai�i��s 6g[:ender in exercising any right or remedy stiall not ihe a , � ";`s� _
<br /> ,s'�.. :°. '�. ': �,.. °_'. waiver of ar preclude the exercise of any right or remRdY• • � - ' ��.. '-�_`°q;<°`:
<br /> ` 1Z, �nccessorsand A�igns Bound;Joincand Severai_LiW�tlIty;Co-signers. The wvenants and agreements of this ,_ ., ,:>•.-�.-`�•-,�•
<br /> - .- �..�:" �. ,.:.; _ _..�:_ .,�=__
<br /> '� ° �"-:r° Security fnstrument shal)bind nnd 6enefit thc succe�vrs•aud as�s+g►is of Lender and Borrower.subject to the provisions of �' � ... ..t.,
<br /> ..._.N„. � 'I,��n;:' `,
<br /> �� ;�_� ,�� . " ��` paragrapfi l7.Borrowersw�•enuntsand apeements.siiallibe jaitrt�sind sevecal. Any Bor�wer whoco-signs this Security :i?� ��: ,-:.:s., ':�;;`
<br /> " ."�e•: Inswument but does not execute tha Note: (a)is casignin�this.Sazttrity Instrument oniy to mortgage,grant and rnnvey that ,''P�• ., ` c :-:� >, ::
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<br /> ' .' ._:�' • 4 t�: Borrower's interest in the Property under tha tcmrs af this.SacuRtg,lniuument; (b)is not pe�sonaUy o6ligated to pay the sums � .. �. ./:
<br />- '�_�;;; _. '�`,� secuied by this Securiry[nmument:und lr)agrees that i.end�r and�any other Bomawer may ag�ee to extend,modify,forbcar . • '��c.�?;�`._
<br /> � or make any accommad�ans with teg�u+d ta�1tp teans of�thif 5ecurity instrument or the Note without that Bomnwer's .�, �' ;
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<br /> zi,�;%,, - ;. consent. ` � �.`�:
<br /> ; � � � : � q �L !3. l.aan Chathcs. If tho ldan secured b3�•du.c Scr.ua1}a�1aspument is subject to a law which sets maximum loan ,
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<br />_ ';� ;. . . Cttarges.an�•that law is finaAy intetp�tc�d sc►that�th�,intesas��onatfier toan charges coltected or to be mliected in connectinn, ,
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<br /> i'�•�. •. • with tha ttranexceed the ittod limi��.thnn: (w)anp�udt•taan charge shull be reduced by the amaunt necessary to red�cce c •��--
<br />-:y • � the c ip•tite rmiaePd�'iml ir,sad(b)aa�+sums utrpady collected from Borrower which exceeded pe►initted limits wil!he ;� '�.�,�a��a�..`��'-
<br /> : � �f y°'�. refund�Yo•9orrower. Lender ma��ctzoosa 14�maRc itusi�fund by redacing the principal awed under the Note ar by makiug a y T � ��'� ._
<br /> � direct payment to Barro�ver. I�o rafund:ntttuc�prtnci�al.the reduction�vill be mated as a partial prepaymentw�thout��� z t
<br /> ��� ,�, � , ` � :.
<br /> ' '��t � s pnpayment charge underih�I�otu, � '
<br /> �o r :� , ,x�`;,; 10. lNottces. AnyR notioe ta•Aaml«�r provide�for in t6is Security lnstrument shall be given Dy deliaersrcg it,Qrisg� : t�����Y . ��i�`hd4�,
<br /> ���� mailin it b first class mail unlG,s it�able law uires use of another method.The notice shnll be directed to tlir�i'e�Q'� ,.::: "''`��s
<br /> ��»;,,. P Y �?.� �l s�`� t�� -
<br /> � i • Address ot any other address Bu�es designates by notice to Lender. Any norice to Lender shuU be given by fint cfass ��.��_:
<br /> ,�� , : � mail to L.ender's addmss stuted herein or any other addr�ss l.ender designates by notice to Borrower. Mg nati��e prauided for . `
<br /> .���,LL_
<br /> � . �`�� � • ° in this Security [nstrument shafl be deemed ro h��e Cz.�en given to Borro«er or Len der�v hen given as provi de d i n t h is µ � iir;_=_
<br /> 'r . . .. ' pazagraph. . ; -�_
<br /> �� ��� � • � 15. Governing I.aw;Se�•erabilitv Thi.Securiry Inswment .haU be govemed By federal law and the law of the . . •'. �=
<br /> ���: 3., :�.� . ._ jurisdicdon in which the Pcopeny i.larated. In the event thut any provizian or clau�c of thi�Security lnstrument or the Note • :��.;;._:
<br /> _ ; � -, . rnnflictti with applica�te law,,uch conilict shap not affect other provisiunti af thi.Serurity In+trument or the Note which can ' ' �-
<br /> - - ,. ." be given effect withaut the canllicting pravizion_ To thi.end the provisions of thix Security Instrument and the Note are �: ,;� •� ���t
<br /> �'•�' r.,�;
<br /> i,+.-'.,':,: • . •: declared to be severable. '• ' ;; ��=•�
<br /> s.,.:;._
<br /> , , . ... ,.. � 1G. Borro�ver's Copy. Borra�cer shall be given ane canfur►ned copy uf the Nuta and of thic Security Imuument. ��y:� �� �
<br /> � � �. �` 17. 7lraaster of the Propeny or a Beneticiat tnterest in Borroe�er. If all ur any part of the Properry or.�ny interest in o�'�- -� �`. ,.;. �. .
<br /> ; � .' . ;`;���?`' it is sold or transferred (or if a benefciaf.intemst in Borrowcr iti xold or tran.femed and Bormccer is not a natural persoa� r{ � •
<br /> •�'����'� without Lender�prior written coment,ixnder may,at its optiun.rcquire immediate p:�yment in fatt of all sums secured by t,�- . ..
<br />� ` � this Security Instrument. However.thix option shall nw be exercitied by Lender if exercisc i.proh��i�ed by federal law as of _
<br /> ' ;,rj�����p, :• the date of this Securiry Insuument. ;
<br /> ' :�•:��'�. • �• If Lender exereises this option.Lender shall�i��e Borrow•er natice of acceteration. 7'he notice�hall prut�ide a period of ��• �••
<br /> - ''��'�''� ���� � � � not less thnn 30 days from the date the notice is delivered or mailed within which Borrotiver mu,t�ray:�II sums secured by this _ �'�k'�
<br /> , t : ..
<br /> '`'�'�� Et�,"�• , Securi Lnstrument. lf Borrowcr fails ro a these sums rior to the ex �ration uf thi, riod. Lender ma invoke an ,_
<br /> . ���;•. +:•�-�;:=:�.�,�. tY P Y p P� Pe Y Y . .
<br /> ' ' �'`��;,���;' temedies petmitted by this Security Insttument without further natice or demsu�d nn Burrower. �
<br /> ,;'�t�:" .:��,: ':• 18. Borrower's Rig61 to Reinsts►te. tf$u���er mee�+certain conditionc. Bottw��er+hall have the right to have .
<br /> ;� s �. �, ' enfor�cement of this Security Instniment discoatinuv3 at i+ny time prior to the ca�licr ui la)S d�ys lor such other period as ,
<br /> � `�:f:,::`-'� .
<br /> ,i��_:•:"'.. `;�;��,;}s� Single Frmilp—Fan�[e�11e;Fn�die ttae t;NlFURH t�ti"fRC�1h�T•-Cnifurm Curenant. 9l90 r�ge 4 of d A+.¢esl
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