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<br /> -_�� .��Q�'.:��:'� coademnatian or otiter ta�ing of e�Y Fart of ti�e Ftroperty.oF for ooaveyance ut licu n�rnndemnation,a�herEby essigned and
<br /> �` " - -- . . . . -- - . . _ _ . _.
<br /> � .�.�:. - �s�"be pai3 to�:emirr: - . - - - - -� — � - - _- - �.__- ---
<br /> � i�.��,,, tn the eveat of a totat.taking of the Property.the proc�eeds shall be applied io the suros secn�ed by this Sec�vity
<br /> �` ���` �-••�=� insuwnent,whether or tcot then due.with a�►y exc�ess paid to Bomower. In the event of a partial faking of tha P[opecty fn =__ __
<br /> - ��-��-:. :.� :
<br />�'�" �;' --���• � arhicb the fair market value flf the Property iNmedia�ly before the ta�ing is equal to ar gre�ater than the amount of the sums �g��___
<br /> fO'• �'"��sc,�f:� , .':. ---
<br /> secumA.by this Sectuiry L�sdvment unmediately before the takiug.unless Bomawer and Lender othen�vise agcee in writtn8.
<br /> ,�• ���";,`.`�� the sums secured by tbis Security Instrumeat.shali be reduced by the amaunt af the proceeds mul6plied•by t�e foltowing �_,�
<br /> ,� � ��,:�, t fraction: (a)the mtal amovnt of the sums se�vred immediately.before tlie tukLtg.divided by(b)the fair ntadcet value of the �-�, .� -_
<br /> .s_: �� •, �� _ -__
<br /> `�� �: -�.�-�� � p�oPe rt Y im m e d i a t e Z y befc►te the takin g. My balance shall be paid to Bomow�'r. 1n the event of a partial taking�of the _
<br /> < <� 5 ::, ptaperty in which the fair market value of the Ptope�ty lmmed�ateTy before the taku►g is tess tLan the amount of the sums -
<br /> � <, ��.s secured imraediatety before the taking.unless Boiruwer and Lender othenYise agree�n wri6ng or nntess applicab2e law K y _
<br /> ,-- ^ `otiienvise provides,the proceeds shall be appiied to the swns sccured by dris 5ecvrity inswment�rhether or not tlte susns are - ::6�� �_--w-
<br /> � � '�" `. '� then due, r
<br /> �s���-
<br /> � � : If the Property is abandoned by Horrower,or if.aRer notice by Lender to Borrower that the condemnor affers to make . � -�
<br /> >. : -_
<br /> _� � , an award or settle a claim for damages.Borrower fails to respond to Lender within 3U days after the date the notice is given, �i t-; � __
<br /> Lender is authorized m collect and apply We pmoeeds.at its option,eitl�er to�+eswration or rep�ir of the Property or to the ,��y �
<br />-'�y `�. �_::, sums secured 6y ttus Secutiry instnunen�whether or not then due. �; � �_
<br />�,��� Unless Lender and Bomower otherwise agi+ee in writ�ng,anY aPplication of proceeds to principal shall not extead or _
<br /> ' ��.:s�":�rs�,-:
<br /> =�'<, "' " '�:•;.:, ;`�; pastpone the due date of the monthiy payments referred to in parag�aphs 1 and 2 or change the amotuit of suc6 payments. . �,- �-- Yi'
<br />=4� . . �,..� ,"., � �"'�" x.^�...'�,}_.__��__--
<br />�v:' 1L Boxmwer Not Released, For6earance By Lender Not a Walver. Bxtension of the t�e for payment or �..- .�_
<br /> 1:.� � � �• �: ` _ ''�` 3''� -_
<br /> �¢ : ,� °� modificadon of amortvation of the sums seciuied by this Security Ins�iment gaated by Lender m any successor in interest s \_` ��+LL:
<br /> .L , ` '` '"-�{? LL of Borrower shall not operate to nlease the tia6ility of the originaE Borrower or Borrower's sucressors in interesK.4ender '���
<br /> - �. `��� ^:=`=<'�.-•° shall rmt be required w commence proceedi�g�against anY successor in intecest or refuse to extend time for payment or �r��.<<r^,,._
<br /> V r �� othenvise modify amort�arion of the sums secuiei#by this Security In`c'tn�ment by ceason of any demand made by the original •
<br /> �...� ._ •�Y�`•"�:�: ,�'; Sorrower or Socrower's successots in irttecL� Any forbearance b�r l�uder in exe�ising any nght or temedy s�all not be a ,�-� .= ___
<br /> =' '�-�`° '=�"�` waiver of or pieclude tRe exercise of any rigJat or remedy. - � '� �
<br /> �:�.�.
<br /> y a`,;�:'��A�;�. . . . 1Z. StYC�ssors and Assigos Bouti+d;.loint and Sevesal Llab�l�.;�Eo-signers. llie covenants and agreemenu of this �""-
<br /> ''��=�.�`'4���`' S e c n r i ty I n s u u m e n t s h a ll 6 u�d a n d b e n e f i t t he succ�essots and assi g n s o€Lender and Borrower.subject to the giavisions of ,,s
<br /> x�.`;:<`' � `�� ' pazagraph 17.Borrower$oovenanu and agt+�ements sball be joint and several.Any Borrower who co-signs tflis Security �,;a;=�=_�
<br /> '� � Tnsmrment but dces not execete the Note: fa)is co-signing this Secuity Instr�ment only to mortgage.g�ant and rnnvey that .: �
<br /> .�Z; . , .�
<br /> . �:r.�,���p;• �orrower's interest in the Ptoperty under dne terms of this Security I�rumeat; (b)is not peisonally obLgated to pay the snms �,;,:„;_._-
<br /> = ! ` s:;� secared by this Secniiry Instmmenx and(c)agices t hat L en der a n a�any other Borcower ma y a g�e e to extend.modi f y.forbear � •- -n
<br /> '� or make any accommodations with �garcl ta the terms of this 5ectcriry Instrumeni or the I�1art$without that Botrowers �,�� �_ ,���-:
<br /> � CAi15CRI. . . �.x:�, ::;�r,���t--
<br /> � �'• -� 13. Laan C6arges If the loan secund by this Security Inswment is subject to a law which sets maximum loan ���,�`��: ;: y
<br /> :. ���. ..,'a�r'��-'
<br /> � ; ,��:`�'�'� _ charges,and that law is finaIIy intelpreted so that the interest or other toan charges collected or to be collected in connecrion f��:�'r;. :.'!'��-
<br /> i•tt��."� -•
<br /> - , with th�loan exveed the pe�nitted limits.then: (a)any sucA loan chacge shall be reduced by the amount necessary to neduce ��r .,;.:�--
<br /> �''' .: '� '•� , � the charge to the permitoed limi�and(b)any sums already coliecced�?n Bomuwer which eaceeded permitted limits will 6e .,:,;:a�i
<br /> ;;. tis�ti���`. , ; " refuaded co Bo�rower. Leader may choose to make this refund b�red�cing the principal owed under the Note or Dy making a ��ti�:� ��'
<br />_ .L�':;`N��;s 3irect payment to Borrower, If a refund reduces princigat,the reducpun.w�U be treated.as a partia!prepayment w►Ihout aay 3 ��t
<br /> _ � :=�.�;,'tl°r�;:..-=,.�>.t prepayment charge under the Note. a`��'�°:'�',.
<br /> �, { ,5 T 14. Nottces. Any norice to Borrower p�vided for:in this�Secuiity instrurrtent shali be given by delivesing it or by ����: �
<br /> .�� `` :� mailing it by first class mail unless applicable!aw requires use.of another method,'I'he notFCe sha116e directed to the Property � \ ,
<br /> `• �' '.. t; Address or aay.other address Borrower desig�at�s by notice ta�.endgr: Any,noti�e to�.ender shali be given by first class � ; � , .
<br /> . � ��• mail to L.ender's address stated herein or a�y�othes address Lendei designates by no�jc�tp Horrower. Any norice provided for ` f. ,��,'i?`�t�j•�`
<br /> y :�' �' �. .. '. ` i �:YY.�''(��
<br /> r. . .. in th+s Security Instrument shall be deemed to have.6een givq�to BoROwer ar I.ender when given as provided in this
<br /> �.� , • • P��P� ,�, ��_
<br /> ; � � � =- ��.��:r.T
<br /> • r ,_ .. . ; ., • 15. Goverqin�.l.aw:Severabtlity. This Security Instsument shall be govemed by federat law and the law of the �� � �. •
<br /> . ��''� jurisdictipn.ir1 whict�the Pcoperty is located. In the event that arry provision or clause of this Security Inswment or the Note `'��" � � .�ti�,;._
<br /> =• �F?:I�..
<br /> ' . •. •� conflicts with appliea4ls ta�v,sucfl conflict chall not affect other procisions of this Security Insaument or the Note which can ����' ` . �,:.,.�:�;�.�:`�-.
<br /> ' • ? - be given eifect withattt the conflicung provision. To this end the provisiom of this Security lnstrument and the Note are � . ��.i; �i..:;,
<br /> '`�`�' declared to be severabte.• k
<br /> C � .
<br /> '� 16. Borro�rer's Copy. Borrower shali be given one conformed copy of the Note and oF this Security Instrument. "� '` _
<br /> .. . � � • . 17. 7i�ansPee of the Property or a Beneticial Interest in Borrower. If all or any part of the Praperty or any interest in . ,
<br /> . ;�; . it is sold or tmnsferred(or if a beneficia!interest in Borrower is wld or tramferred and Borrower is not a natural person)
<br /> • ' ; �;��•.,; ,.. • without Lertder's prior written cvnxent.Lender m�y,ut its option,reyuire immediate payment in full of all swns secumd by � `
<br />�'� , • this Security Insuument. However.this option shall not be exercised by Lender if exercise is prohibited by federal law ac of :
<br /> • the date of this Security lnshument. ,:,�:y:�:'::� : �.�•`
<br /> ` If Lender exercises this option,l.ender shall give Borrower notice of acceleration. The notice+hall provide a periad of �" 'C:;, , S:
<br /> � ; �.;�';-� not less than 30 days from the date the notice is delivered or mailed w•ithin which Borrvwer must p�y all sums secured by this t� *�;;
<br /> .',;. „ - Security lnstrument. if Borrower fails to pay there sum.prior ta the expiration of this period l.ender may invoke any �� ' ?J' �
<br /> , remedies pemtitted by this Security Inswment without further notice ordemand on Borrower. '��';'t, ',�
<br /> • . ,,.,�.:.,,'� ' 18. Boaower's Rtght to Reinstate. If Bortuwer meeu certain conditions. Bonower shall have the right to have � '
<br />- ; � � : . enforcement of this Secudry Tnctrument discontinued at any time priur ta the earlier of: la)5 days(or xach other period as . .
<br />_ � : ���. .
<br /> _� -� . . Single Family••Faanle Hae/FceQdle btac UtiIF(1R�11�STRU:IIEKT--Uniform Cuvenants 9l90 Ipage 4 njh page.rl , � .
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