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<br /> :�.. :,``..�_ �"'�:-� of yanceialieu�ofca�t�nmtion.arelieietryass�gatwand�
<br /> - ��>��;<,:.:,�. _• cendeamatioa or ot�er taking of any gsrt t�e Praperty.or fur oonve -----
<br /> " ; x$` �' §� shall 6e paid to LenQer. - _-------�---
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<br /> �� � . I!!t�e+�Ye;lt 4f�4atai taft�llQ uf thC_PmpCtiy.tile p�mc�s ehall i�e OD�uCd to IhC SU1n$�stli�Dy_tWS SEntnty. . - �
<br /> ,- � �. �; . Instn�men�.whether or nat then dae.with ariy ex�ess paiQ to Botiower. In the ev`ent of n p�ctial[a8(i�g of tlte-Ptop'etqr in __Y
<br /> ' °. '_Q . �: which the tair madcet va[ue of ttte Prope�ty immed'ately 6efore tt�ta�ing is equal to or sreater t�n the simoum o!the se�ms �`� =__ -
<br /> `� � secuced by this Sec�uity�tn4uument immediately Uefore.the taking.uniess Bomuwer a.�sd I.en�der othcr�visa ugrce w writing. -
<br />`�' �_ � ' �- � a .` the suais secuied by ttis Security Insbvment sha11 be ieduced Dy the amount of the proceeds muttiplied by the foltuwing -�:���'�
<br /> _ =`' s :...' fractioa: (a)tne mtal amount of the sucns secured immediate[y 6efore the t3tciag.divided by(b)the fsir market vaitce of the ��=" �°���
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<br />_ �?-s�,:��y�'��•;;�t;;�_?'�� Ptoperty immediately before tha tating. Any ba:anoe shatl be paid to Borrower. In the event of a partiai tak3ng of the �E�---_-�:_�
<br /> .���� ---
<br /> -= -�•=�'-• � ' prope�ty in whisb tde fair market value of t�e Property immzdimtety befo�the talceng is less than the amaunt of the sums �;=:����
<br /> ``� ;,-�'., secured immc�iately 6efoce the taking,unless Bo�wer and Lender othenvise ag�ee in writiag or unless appllcabTe iaw -•: �"�°`
<br /> - o.Lthe�,t,.i,s�e pmvides.dre pmceeds shall i�e apptitd to the s�ms sec�uec!by this Secu�stg last�meat�t�t6�or rtot tl�snms are �1"-�-�'a��
<br /> ' YtPrQ44G. . e yY i�'fik��„�"� - -,
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<br /> . . •`_' If tae propeity is abandoae�by Barower,or if.aRer noace by l.ender to Bomnwer ttiat the conde.maor offers to make
<br /> e ' ��'w�.�...�
<br />_ ;' . ` ' nn award or seui�a claim for respo Y �
<br /> - ... ��.� damages,Bolmwer fails to ad to Lender within 30 da s aRer the date the notice is ven, t:t:..�:�=��.�-'-�=_---�
<br /> =t' •= . � _�;� Lender is aut�orited to coltect and appfy the proceads.at iu option,either to restoration or repair of the Propecty or to the ��-�� _ -
<br /> - ! � •`:<'�. stuns secu�d by t6is Secutity Instnurten�whether or not ttien due. _-- �-
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<br /> - '.:'�.or,.' :�.�;�;:.;; Uniess Lender and Borrower othenvise agzee in writing,any application of praceeds to principal shaU not extend or ---
<br /> � ^ '� postpor�e tlee due date of the montiily payments�efem�!to in pazagiaphs 1 and 2 or chauge the amount of such paymeats. � V=--- _
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<br /> _,:-;a:_.=- .-;;-�:�:. 1L Bonower Not Released; Forbearaace By l.�der Not a Wairer: Exoeasion of the dme for paymeat or ���-- -
<br /> - -�,�z :`:�:-^;.�;`.Q� modification of amorti7atioa of the sums s e c t u�d by t t ds S e c u r ity t n so�n�mem g r a n�e d by Lertder to aa y suoassor in inte�st �"� - ---
<br /> „�� =: of Boirow�sHatl not operate to release the l�abiliry of the ori�inal Bormwer or Borrower's suooessors in it►terest Leader ° - - -- -
<br /> :�: � �- '. �; sh�p not 6e requi�e�to rnmmence proceedings against any successor in int�est or refuse to extend dme fos paymeat or �x'���
<br /> �i �.� y .�"� oihcnvise m�3Jy amc ti�.tioa vf�4e sums secured by this Security instrumeniby reasoa of any demand made by the original E �_.
<br /> ,�:��,; .�€:�=;�s>•:;�;• Bo:rower or B o a o a�ec's s u c e e s s a r s i n i n t e re s t A n y f o r b e a�a n c e b y L e n d e r i n e x e r�i s�g a n y n g A t o r r e m e d y s h a ll a o t b e a .�,�
<br /> 6 u` �?'�� waiver of or pracl�cde die exer+cise of any right or remedy. � - . ,�'�
<br /> `. �_ •.• °` - 12. Saa�soas artd Assigns Bonnd;do3ut atrd Severaf Liabiiitq;C�ess. 1he roveaants and agreements of this -.-____ _
<br />-` 'i'-���'° � `•' ����- ,� Instcument shall bind and benefit the successors and assigns af Leader aad Boirower.subject to the pmvisions of _�.�_
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<br />�r' - � , � _ paiabraph 17. Bmrower's mvenanu and agceements shall be joint and sc��S.Any Borrower who co-signs this Security - �_-�
<br /> :' �'=i.. = . �� • ' Instrmaent but do�s not execute the Note: (a)is co-signing ihis Secwity insrrument onty to mortgage,grant and convey that ,r�;�=--
<br /> �.;;;;.: .�"� '�:4_'• ` v goaower's interest in the Property under the terms of this Se�curity Inserumen� (b)is not personally obligated to p�y the sums �� W
<br /> - ., u . `���._.-
<br /> " �a . : secured by this Secwiry Inshumenx and(c)agrees that Lender arn3 any other Bomower may agree to extend.madify.forbear •,.,:___
<br /> ' � . or make any acoommodadons with regard to the terms of t6is Security Iastrument or the Note without that Boaower�s °���-_-- _-
<br /> _ ..4:. '�: '.; '•-.; consenL `3,_�-v
<br /> ' ' 13. Lean Charges. If the loan secur�i by this Secuciry Instrumeat is subject to a law which sets maximum loan '=�?���'t
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<br /> �.:.� _:;:. .:.::;.:'� :' .; charges.and that law�is finally interpreted so Wat the interest vr other loan charges collected or to be collected in connection ' —:
<br /> ;� ; ` 's with the loan excc�d the petmitted limiu,then: (a)any sed�[aan charge shaU be redacad 5y the amount necessary to ieduee �° ,�A i�-
<br /> ` "•s 1'�1�:�,,:,r.. •.•. .� the charge to the pennitted limi��ad tb)any sums alreadF eQ�xted from Borrower w�#exceeded permitted limii4�s11 he `:-- �
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<br /> � .,,�,. •• -.:�.����'�� :�� mfunded to Bormwer. Lender may choose to make this mf.cd by ieducing che principat aw�ed under the Note or by.acaIdag a ��-.�`' �
<br /> `:� ;,';�.,' direet payment ta Borrower. If a refund reduces principal.the ieductioas vs�I 6e ueated:�s a parrial prepayment wifiouc any `�:Y.�
<br /> ,:�� �.�.. � � , .
<br /> prepayment charge under the Note. `��'�=---_
<br /> �'• � ��� ' • � •� ', , �� 14. Notfces. Any norice to Borrower provided for in ctri�s•Secmicy�sswment,�h�J be given by detiv�rjag�tor by ������;s`�.-�
<br /> �} j:�';,".,:" �;`"', �: • mailing it by fust cIass mail unless applicable law requires ase�f aaather rnethoa.The rroace shall be direeted iQ�is.eF�ty .;.c �-_
<br /> Address or any other uddress Borrower designates by aofice ca E.ender. Any+notice to fxnder sha116e given by frrst cla3s "�-���:- -. �
<br /> ` � • mail to Lender's a�dress stated herein or any ottser addmss Le+�°r design�esby notice to Borrower. Any potice provided for ':,' ��.:' �• �
<br /> j i : :: • .. : , in this Securiry Instrument shall be deemed co ha�-e beete�iven to Bu�ra��er or l.ender when givea as provided in this ' - ��
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<br /> � � " ���', r ,. p�p Gover�img Law; Se�erabiljiy. This Security€res�ument shall be govemed i�y federal law and the law of the ` ' <" -_
<br /> `�• � . jurisdietion in which the Pcopem is located. !n the event c€z�a.ny provision or clanse of rhis Security Instrument or the Note � ���;�!�Y "��,
<br /> -�\t y:�. .ItC�iV{*...a_;. :_ ��
<br /> . : ,,;�-:• • . conflicu with applicable law.such conflict shall not affect o:[^:c provisions of this Security Inswment or the Nlote which can . ..;;,��s - `_
<br /> �� : - • '''" � be given effecc.aiehout the canflicting provision. 1'o this es6[he proci�i��s of this Security Inswment and the hate am . ,. . • ���
<br /> declareQ to ise se��erable. �; '•:•''�:
<br /> : � � � -
<br /> �E _ '.,..�•� 16. Bairo�r�r's Copy. Borrower shall be given one conformed ce;�.af tfie Note and of this Security Instrument. • ' - �
<br /> ,,??;;.' ..��. „ _ 17. Trae�s�er of the Propertv ar a Beneficial lnteres$dn Borro�rer. If all or any part of lhe Property or any interest in - 5, , . �
<br /> •::���•s• • ic is s�Id or uansferred lor if a beneficial inrere�t in Boaouer i,sold or tran+ferted and Sorrower is rtot a natural person) � _ ~
<br /> � '� ��� z���`i� wid�t Lender's rior written consent.Lender ma at in a -�on,re uire immediate a ment in fuli of all sums secured b �. � `' ' '
<br /> . -;:�:. : P Y• p• 4 P'Y Y . ,:'.
<br /> �:. •� •� ' + tAis 5ecurity�resnument. However,this option shall not be exerci+ed b��Lander if exercise is prohibited by federal law�s of
<br /> ,, -;; . ` '�� the date of tf�is Security Instrument. �: .
<br /> :r�_ _ • • If Lender exercises this option.Lender shsIl give Bormwer notice of�:celeration. The notice sh�l�provide a period of -��
<br /> • ' i:.,..., -'.�,.,�.ti.��::��.. ..:1 ':•:l. • �,
<br /> �,F'•- ..,..;�::.,_:,,•. not less than 30 days from the date the notice is delivered As r�,�ited wit&;a u�hich Borrower must pay all sums secumd by this �,;.,,,; `
<br /> , 'l . Securi lttsuument If Boiroa•es faiis to pay these .uir,qri�r to the expiration of chis period. Lender may invoke any � ���_';��•� �`"' ''�
<br /> , '�E;:''': - ty ,�ti:1:i'`: ' .:, .
<br /> �`'. . ,;. ,,`y: . -• • I remedies permit3.d by tbis Security bstrument without fa��a�cice ar drr.�and on Borreu�er.
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<br />- ; �'..s.•:� - � 18. Borra�¢�'s Right to Retastate. If Borrower rr.eecs ccrrain coaditions, Borrower shall have the right to havc -
<br /> ' � enforcement of r�is Security Instrument discontinued at any time prior co che e�rtier of: (a)5 days(or such other period as .
<br /> ' i ,�' ..•. . • � .. -
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