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<br /> - � .;��x ; • condemnazion or other taking of any part of the Fro�erty.or for wnveyance ia lieu of coademnat�an.are'H��essigned aad -
<br />-}'. ., ��.��' sha116e paid tolender. . �.�-— - -
<br /> _ �rn.'3�' :�__ -.• -=�ii�'.i'iV'vii�8�"'$�8�-�11�-i�1j1c�i�iii�jia 2jiC-�fTG�"�S 5�32� �'S�.'I�ijiC�r-��iC Si3i11S-S��#f��'i� :-. _
<br /> ° �'�� '���'� ` � Iastriunen�whether o�not the�du�with any eaceess paid to Bqmower. ia the event of a partial taidng of the PropeKy in � -
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<br /> - ..,� �:,i. which the Fasr mazket value of @i�P�vpertyr immEdiatcly Defore tfle taking ia equal to or ge�ater thaa the amount of the snd�s �
<br /> �"`_ secured by this.Securiry Insuwnent immediatciy Gefore the taking.nn2ess Botrowes and Le�ider othenvise agree in writutg. .
<br /> 1'" , the s�ms�ur�by th�s Security Instrument sLali�e redu�by the amount of the pmo�s muitiplied by the fol�owIng
<br /> :.,�s w'r,��>•.� ��
<br /> '' � f�acaon: (a)the total amount of the sums secured immediately befo�ihe taking,divided by tb)the fa�r market value of the � ���;=_=�-
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<br />`� _�.�;�';''•„;�:�: Pinpeety immediate(y before the taEcing. Any batance shai!be paid to Hotmwer. In ttie event af a pattlal mlcing of the ___��
<br /> � - Pcoperty in whic�s the tais marEcet vatne of the Pmpeety iaunediately bet'ore the ta�ing is[ess tJ�n the amQUnt of the sums - _ - -
<br /> _.�.2�.8 e ti F r
<br /> .�_ �,.,`�,�,_.__°: secnred immediately �efoir tse takirg.un2ess Boiruwer and Lender otherwise agtee in writing ar uniess applicabte law n ,` -
<br /> -- �,z:�;.r_ .,. otherwise pravides.the proceeds shall be applied tv the sums secated by this Sec�uity inswment whether or s�ot ttqe sums�re r= __ _
<br /> �,�,�
<br /> � '� t.� ;�� - then due. b � . � �
<br /> ;r . .,.- If the Pt+upefty is abandoned by Bomuwer.or if,after notice by Leeider to Boaower tltat the condemnos offers to make { '� :� =--__
<br /> ' an award or settle a claim for damages.Bonower faiLc to respond to Lender within 3Q days after the dace the notice is given, , .`� � �~
<br /> �� ,,`- Lender is authorized to colIect and app{y the pinceeds.at its oprion,either to restoration or repair of the Property or to the �,, _ ______
<br /> s - _ sams secuced by this Security Inswment,whether or not then due _ -
<br /> ;y Uniess Lender and Boaower othenvise ag�e in writing,any application of proceeds to principal shall not extead or
<br /> `'� postpone the due date of the monthly paymeats�ekrred to in paragraphs 1 and 2 or change the amaum af such paymeats. `�, ?F4 =� -----_
<br /> _:� • .,• ':�.�: •�e��.4.�,�._
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<br /> __ •. •,,_• -�_- , .. .: 11. Borrow� Not Reieased; Forhe�u�ance By Lender Not a Waiver. Extension of the time for payment or �
<br /> _ _;_�,�:._. "'_'
<br /> � � modification of amorti7ation of the sums secuied by this Security Insuument g�aated by Lender to any successor m inierest t��;",� -
<br /> s; + u�" of Boimwer shall aot operate to release the liability of the originai Sorrowet or Borrower's saccessors in inte�est.i.ender ; -�;�
<br /> - �'° � ,;, ,��� stiali not be�qui�ed to commence pra�eedings against any s�ecessor in intecest or refuse[n extend time for paymeat or '��_'
<br /> -_ ° � 4:r.:,��� otherwise atodifjt amo�on of die sua�s,secured by this Securiry Instrument by masou ofars�r demand made by the original -
<br /> ��:,'::;:�.'<-�•"'s�-':`-. Botrower or Borrower�s snccessors invrJ.er.c.�st. Any fozbearance by Lender in eset+cising;�y,ti d ht or�em e dy s h a l l not b e a �'`-'�=«`=.�.
<br /> � �� � �' ' waiver of or prectude tke ezetrise of aay r:�lit ctr remedy. °
<br /> � ���,� � 12. Sueoessors aa��signs Bouad;:$o5mt and Several Liability;Co�s. '�'he covenants and agreements af this , � � `��
<br /> = ,� t' •�:- "`' Security.lnstrument shal�8ind and benefit the successors and assi of l.ende'r.�Borrower.sub'ect to the rovisions of
<br /> S� 1 P .�: �� ��
<br /> _ �P�.;:; :°._��.::.',�,:,;` paragr�gh k7.Boirower's covenants and agreements shall be joint and several. My Barrower who co-signs ihis Security - : ••�•` '��
<br /> - , :,; r, Insuume�Ei�t does not execute the Note: (a)is co-signing this Security Inswment only ta martgage,grant and convey that ~,��
<br /> - t L Borrowei3 i-r�st in the Pioperty under the temLC of this Security Lupumen� (b)is aot personalty obligated to pay the sums �v y�� _
<br /> � � ` secured by'�s is�ity Instrnment;and(c)apEes that Lender and any other Borrower may agree to extend.modify.forbear ; �
<br /> °'-:�,`:x, � or make azey aacvmm�vd&�zons with regard to the tertns of this Secunty Inswment or the Note without ibat BortvwerE ���� `
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<br /> � �;;�s::'.:.:.:-i `� 13. l�c�Chasg¢s. �€:che ia2re secured b this Securi Instrument is sub'ect to�ia�which sets.nraximum laaa ��'-
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<br /> ��' � '�°' � �''-` ' � charges;aQ�tbat law is�tir2.fir inte�d so that the interest or other[oan eharges coll�or tv be coltected'm conIIectiQa ` ���'� - -
<br /> � ` ' with the toan exceed the pen.r.irud_limits,then: (a)any sach loan charge shall be reduc�by ttce amount necessa�y to,m�cc�. . � J ,� �_
<br /> ` 4•~.�+ • t h e c e to t he ermitt e c#tasii t;ait d(b)an y sums a lnea d co l l e c t e d f r o m B a i ro v i r�w h i c h e x c e e d e d [u m i t s�i 7 I b e �, ��.«"
<br /> `,` ` � �- refunde�.d to Borrower. Lerrs�..°+t ma choose to make this refund b reducin the rtci owed under the�N�o�b�m��a �:�r`�'� • �:;
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<br /> � � ditect payment to Botros-es If a refund reduces principal.the reduction will be ireated as a partial prepayiri�.-rt�ithnut aay : :;� . �.� �
<br /> -- -- - - PrepaymentchargeundertheNote. � x; :.`;�`":=��-:� �- •;•-
<br /> � 14. Nottces. My notice to Borrower provided for in this Security Inswmens shall be given by delivering it�or.Esy = . • �
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<br /> - �, �• � :�� mailing it by first class mail untess applirable law reyuires use of another method.The nouce shall he directed to the Property � ��: �� ���-
<br /> ' "`"�� Address or any other address Bortower designates by notice to Lender. Any notice to Lender shull be given by first class ° - ' ' '��J�'�`
<br /> .'� ���`:,;`:`,-
<br /> ;.-`.-,.�;•� . ,� � mail ro Lender's addc�e,s stated herein or:u�y other address Lender designates by norice to Borrower. Any natice provided for �;� `,"���.-� ~",.s�`
<br /> � . . •� � in this Security Inmument shall be dee�ned to have been given to Borrower or Lender whea�iven ac provided in this �;' -
<br /> `r ... �:5 h. a . ' • -
<br /> " "� � ',.���', p�Sp Cza��ratag l.aw: Severabilin: This Security Imtrumene Shull be govemed by fedecaf law and the law of t�ze � • . , _
<br /> - _ � : �, :.: :i:;: • . * -.'.y: . . `
<br /> �•: •; ;��:� jurisdictiva in which the Property is tocated. In the event that any p�uz-ision or clause of this Seci:rity Instrument or the tio.e . =�
<br /> '' �`� � caaflicts wit,Ti l�catsle law_such contlict shalt not affect other oti•isions of this Securit instrument or the i�ote whicb can `'`3
<br /> z..�;.:. '. . apP� Pr Y . ,. .'.,. ,� .
<br /> . � ise given effect without etre rnnflicting provitiian. To�hi4 end the�rovisions of this Securiry Instrument and dre�Iote are • .. �, ,
<br /> � f' ' • �.�clared ta be severaE�;e• �„} .
<br /> .. '� {. '� ' 1 6� l�a�s�o w e r's C o p y. B o r ro w e r x h a U b e g iv e n on e c onfortned co p y of the Note and of this Securi ty fisavra�t. '��� �':�?��ti°�;'_'
<br /> � 17. '�ansfer of the Property or a Beneticial Interest ia�rvr�wer. If all or any part of the Property or any intemt cn ' -, ' �-��`",'���'
<br /> • it is sold or transferted!or if a beneficial intere�t in Borro�cer i�s�l d or tran+fe m e d an d Borrower ix no[a na�ra l person) . •.`'-, �. :'�'
<br /> �...�r•.;-'':, � ('• without Lender's•prior written coment.Lender may.at it+optio»,reyuire immediate payment in full of uU sums secured by ,.. �`� _• .
<br /> 'y. - � this Security Insuume�tt. Huwever.this optiun shall not be exercised by Lender if exer�ise is prohibited by federal law as of -,
<br /> r-� �. � `. � • the date of this Security Instrument. .�;; �', '
<br /> '' . If L.eader exercise�this option.Lertder.hall give Burrower aoii�of acceleration. The narice shall provide a periad of
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<br /> � �?��.::s' .�' ,:j�,;;. not tess thaa 30 days from the date the eotice is delivered or maile�i gichin which Borrow•er mu�t�ay all sums secured by eFis � •. ,� .,.:
<br /> ?� �. •� � . S e c u ri ry I n s t i u m e n t. I f B o r row e r f ails t o p a y t h es e sums prior to the ex piration of this p e r ied, l.ender ma y invoke a�y �:: .� . �
<br /> � , '�. ' ' remedies permitted by this Security Instrument without further notice or demand on Borrower. •• '
<br /> , �- 18. Boreower's Right to Reinstate. If Borrower meetc cenain ronditions. Boirower+hall have the right to luzve ' � ':. ��:: •
<br /> _ ' ' � � enforcement of this Security Instrument discontinued at any time prior ta the earlier of: la)S days lor such other period as �
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