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<br /> - condetnnaitan.or other taktng of any part of the Pro�ert�r,or for conveyaaca in lieu of condennnatiot�ara hee�eby assigrted and
<br /> '- shuil be p_aid to 1 ender. : . . . �
<br /> 3- _ _ : - - _ -Tn�ie evenrog��tctat��Y:fie Pi�s sImii-6e_app�ed._t�t�e�a�s-s�m��kty_:�����=-=-� -_ -
<br />_- I n s t z u m e n�,w h e t h e t o r n o t t h e n d u e,with an y excess p a id co Bortower. In the eveat of a p a Nal t a g i n g of the P t o p e rt y in �_ . _
<br /> - whic�t6e fair�a�icet vatue of t�e Hupecty immediatety befone the taking is equol to w gr�ater ttian the amoun3�of tke s�s . � -
<br /> 'o secured by this Security Ias�ument immed[stely befoie the taking,untess Borsower aad Leadet ot�vlse ag�ee in.w�iting. �
<br /> _ s=�:���� , t&e a�ums secuted hy this Secuziry Insnumeat sAal!be seduced�y the amount of the pmcxeda muldplied by tbe foQowing ..
<br /> " ���;���.�: firracdon:_ta)tRe total aatouat of the sums secsued immediately before tt�e taktag.divtded by tD)the fair mattce�value of the . -
<br />_ � ���:L:F- > acd
<br /> �,-���'��._ Propetty immedisitely befoze the taldng. Any balaace sha11�e paid to Bomnwe�r. 1n thaevens of a parNat ta�ng of tIte
<br /> -` �':-`�---: ptoperty in which the fa'sr tnarket vatue of tAe Pt�ugerty intmeiiiately befote tite wking is less than the amount of the st�s. _- —
<br /> '���. ,� ? _- • , secuied immediately 6efore the taking.uniesv Boimwer aad i.ender otherwise ag�ee in writiag or unless appl�cable!aw
<br /> _ . _ __ , rT � '� o�envise�C+uvides.tbe ptt�ceed�ahafl be app�ied tathe san�.a se�ed 6y this S�uity�nent wheti�er ornot th�sum.c an -.- - -
<br /> ;. ��w�=�� o,� .:_;� . : �
<br /> :. ��°,..�. . °�.k :a;`;.;:, the[t due:.
<br />`Y� �..��c,;..•�`:�:.�,;`���•�� ; [f t�e.Ptnpe�ty is abaadm�ed by BanPw�r.or if.aftec aotice by t.endcr to Bormwcr tliat the aondeinnor offecs to ma�e
<br /> - , t.� •.: � : an awacd or setde.a claim for damages.Bomnwer faits to respoad to Lender within 30 days after dte date the ao8ce is given,
<br /> .�'�'�:°�;.��-�r;a : Leader is sutharized to oot�ect and apply the pmceeds.at it9 option.eittcer oo iestoratEan or repair of the Prope�ty ur.ta the
<br /> , ,�.., �.�,.,,�� �`.:_.-:�'• � sums sentt�ed 6y this Securiry insuume�t►whetberor�tottheai due.
<br /> � �-"' Unless Lender aad Bocroarxr otl►envise agree in writiag,eny appIication of prooeeds w principal shaII ant ext�ad os - �'-
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<br /> - F� ':�•;`';.;�:':-�',�.: � pastpone the disg date of ttte monthlY PaY�nts tefemed ta in�paragiaphs 1 aad 2 or cAange the amswnt of snch payments.
<br /> .`a � � `���•' � 1L BosrowcT Not Released; Fmbeatance g Leader Nut a Vf'aiver. Extension af the mne for paymeat oi
<br /> . .. . .• srow y�
<br /> �e�-::,:': ==_ _ modification of amortization of the sams secured by this 5ecurity Instrument geaafed by I.eader to m�y suooessoc in insetes� - _.
<br /> :�: .;`.`=:-� :�'- � of Botrower sIlall uot operate to release the lia6�7ity of t[ce origina!Bonower or Bomower�s successors in intetest.i.�der
<br /> .`. - ... ` ��, shaU aot be cequited to commenoe pr000edings aga�.�t any successor in inte:est or iefuss to extend t�e far pay�aeni os
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<br /> _ "� ,�. � � oihe�wise modify amon'vation of the sums secured by ttis Secutity Iacaument by reason of aay demand mads by the ariginal
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<br /> - ;�:<<:''�:`, �' : .'. Bomower or Bormwerls susoessors in interest. Any forDearance by l.ender in texeccisutg any dght or remedy sLall aot be e �
<br />-__ �s.���;._.%:�,.�� ,_�:,�^J., waiver of or preclude the exercise of any right or remedy. ' ���-- -
<br /> -- ~.. °"� . �. 1L Suece�sors aud Aesigns Bonad;JoSat aad Seveeal Ltabllity;Costgners. 'Ilie caveoants and agceemeats of this
<br /> - ;�`•,''�;; � �: °�',:.' Sec�rity Iastcumeat shatt biad aad benefit the saooessois and assigas of t.ender aad Bomnwer,subject w tLe pravistons of
<br /> ;:.�,���;.�' r,` paragcaph 17.Bormwer�s covenants and agreemei�ts shall be joint and several:Any Borrower who oo�siigns t6is Sec.�aIty►
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<br /> �� _ :., Inswment but daes not exec�te the Note: (a3�s ro-signing ttus Seturity Insqumeat only to mort�age,gtant and canvey that
<br /> - '..;..� �4�•,,_ ,�+ Boaower's interest in the Ytuperty under dce temis of this 5ecurity Uistrumea� (b)is not personally obligated to pay We sums
<br /> . � :.�'.: secured by this Securityr Insaumen�and(c)agrees that l.eader aad any other Botrower may agcee m extaid,modify,f�bear
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<br /> • �"•°.:,x or make any accommodations witn iegard to the terims'of this Security Inst�umeat or the Note witAout that Bomnwer�
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<br /> ���,: �'�':.� 13. Loan Chatgea ff tiie loan secured by this Security Instrument is subject to a law wluch sets maximum.Ioan ,
<br /> ..:.: . :; : .
<br /> �" • _ � charges.aad that law Is finaliy interpneted so that ilse interest or other loan charges collected or to be vouecoed in ronnecxion
<br /> ' : ; • • with the laan eaceed the pemtitted limitc.then: (a)any sach loan charge shall be reduced by tt�e amount aecessary ro redmae
<br /> . r•.:�,.. -� the charge ta the pem�itted limi�aad(b)any sums atready collected from Borrower which exceeded permitted liraits wiff 7� '
<br /> . . � ' refunded to Bomower. Lender�nay choose to make this�efund hy redacing the principal owed�mder the Note or by makiag a
<br /> ' dimet payment to Bo�rower. If a refund reduces principal.the reduction will be treated as a parriaf prepaymeni witttout aqy
<br /> �.r ��:`.:'�:'• ; . pcepayment charge underthe Note. .
<br /> t .z_. _, `>°:� 14. Notices Any notice to Bomuwer pmvided for in this Security Instrument shat!be given by delivering it or by
<br /> ' ""���� mailing it by fust class mail untess applicabte!aw tequires use of another method.The notice shalt be directed to the Ptaperty
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<br /> _ , -'�``��''��" Address or any other addcess Boiroaer designates by notice to Lender. Any noace to Lender shail be given by first ctas� '
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<br /> "� - �_. � � ��''.•� � mail to Lender�address stated herein or any other address Lender designates by nodce to Borrower. Any notice provided for
<br /> ' . •°`"' in this Sec�rity lnsuument shall be deemed to have been given to Borrower or Lender when given as provided in this
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<br /> y � ,� �', � _\4• p 1�.5. Gavern[ng Law; Severability. This Security Insvument shall be govemed by federal law and the law of the �
<br /> r . ' jutisdicarsn in which the Property is located In the event that any provision or clause of this Security Inswment or the Note �--
<br /> . • s�l::• Q� - -
<br /> � ; �. ..�•i;,., conflicts Rith applicable law,such conflict shalt not affect other pvovisions of this Security Instrument or the Note which ran __
<br /> � • be given effect without the conflicting provision. To this end the provisions of this Security Instrument and the Note at�e i��-
<br /> � ' ' • : � • declared to be severable. _ -
<br /> � • .. 16. Borrower's Copy. Borrower shall be given one conformed copy of the Note and of this Securiry Inswment. ���i_.
<br /> , . 17. 7t�ansPer oYtke Property�r a Benefciat Interest ire l�rrower. If all or any part of the Property or any interest in }L;�-__
<br /> �� , •� :=:�;;'.:;;. � it is sold or transferred(or if a beneF�iat interest in Borrower i;sald ar transferred and Borrower is not a natural persn:t) ;:-.;;,
<br /> • :c� ���• `,`°`• , without l.ender's prior written wnsEr•.�.Lender may.at iGc optiari.rtyuire immediate payme�a as full of all sums secured by =`-� '
<br /> ��`• � ��• � -. ' this Securtty lnsuumen� However.Wis option�kat!not be exercised by Lend�r if exercise is paofiibited by fedetal law as of .''`�::
<br /> ' ;`�`.?y`��.�: the date of this Securiry Instn�ment. ;�� -_
<br /> �>�:>i.�;�: . _ If Lender eaercises this option.Lender sha[[gc��Borrower notice of acce[er�rion. The notice shaPt�.��zJe a period of . -
<br />- t"..;..::.�• � , �• � not less than 30 days fcam the date the notice is de','"s�-ered or maeled within�vhich Borrower must pay alt s��rns secured by this ' �
<br /> ' !�' �:� • Securarf tnstrument. If Borrower fails to pay these ,ums pao,r co the expiration of this period.Lender may invoke�y
<br /> � �'.:., • , nemedies permitted by this Security lnstrument without further ac�ice or demand on Horrower. . :Y,r.::,
<br /> �;�,� .: , �, f l�. Borwwer's Right to Reinstate. If Bomower meets certain conditions. Borrower shall have the right to have .
<br /> :.� : • enfoieement of this 5ecurity Inswment discominac�at any time prior to the earlier of: (a)5 days(or such other period as
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