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<br /> — --—_— — r!+�M�nn!!�1!+n c��+tMr t.ai�+=.►F�ny Mri ef!4!�A�;r!rty,�f�;+!�!Yoy�e in lleu cond�esnnedut�...re • - . • -
<br /> ' �hall be p�d to l.ender.
<br /> In the evqit of R totv taking of the P�operty, the �ceada��hqt��bR.+�pliai w the eums �ecurad by thi� Security
<br /> InKrument,.wbether w ncN tha�due.wlth�ny exa�s p�id ta H�x�raw4r. In;ib�{,evern of a p�tial tdcing of ihc Property in
<br /> which thc fair mlur�tet valua of the Property Immediately bafore t}x1 taJcJpg,Lv,eq►ta1 ta or grenkr than the�mount of thc wrne
<br /> �ecurad by thiE Security[n�tcument imrn�di�tely before tha Wcir►,g,ur��Fs Barower wrd I�nder otlierwise agree in wdtin�,
<br /> the wmg�ecunod by this Secudty lnetrument ahull br,reduqad by tfMi.�u�punt of the procads multiplled by the foUawin�
<br /> '�"�`�"`-"`���� fractian: (q tho tot�l iunau�t of the sumx�acurod immedi�tety b:fane.tl+�t talcing,divided by(b)ttx fdr m�uket value of the
<br /> Fc�eny immai��tely befare ihe Wcing. Any balance s1w11 be pAid, �a,�orrower. In the event of a pwtl+�l taking of the
<br /> Pmperty in whkh tha f�ir m�rket value of th�:Praperty innnedialtlY,�fcXe the u�cing Is kss than the amount of tha sums
<br /> eecwnd immalivaly befor+e the Wctng, unkss Honrowar and I..e�r•iatherwise �groe in wriNng or unless applicable law
<br /> otherwlxa pravides,tho pmceeds shall be�pplied to the sums socw+ed by,(W�s Secudty Instrument whether or nat tlx aurt�aro
<br /> thrn dua.
<br /> � If tho PropeRy is abandaned by Boreower,or if,after not[cG by J,er�dFi'ta Borrower that tlx condemnar affers to make
<br /> An aw�d a renla a claim for damwges,Bamwer fails to responc,l eq L.endat wirhin 30 days ufter the date the notice is givan,
<br /> Lender is autlturized to collext and apply the proceadY,ut its opciqp,citq�ir ta rtxtoration or rcpair of the Property or to the
<br /> sumc secw�d by this Security Instrument,whether or oot then du�,
<br /> Unlps Lenckr and Barower otherwiw agroc in wridng,uny,ap�liRptiMn of proceeds to principa!shall not extend or
<br />. pastpone the due dato of the monthly paymcntti referred ta in paragraphH 1 and 2 or change the amaunt of such payments.
<br /> 11. Burirower Not Reknsedt �orbcaraace By I.en�ltt� Nat.a.Wt�tver. Extension of the time for payment or
<br /> mpdiflcatlon of amorti7ation of the sam.r•secuned by this Se,curity InFStctu,�acn[grnnted by Lender to any successor in interest
<br /> of�inmawtr sh�tl ix�t c�erate to rckxr,o the liability of the original:Hr.x�awer or Borrowerk succes�rs in interect I.ender
<br /> � shull nat be cequired to cammence proceedings ugainst ony suc:cessos in interest or rcfusc to extend time for payment or
<br /> �:i� othetwise madify amart'v.ation of the sums secured by this S4�ccrity lnyzrument by reason of any 6emand made by the or�girwl
<br /> Botrower a Borrower's xuccessors in lntercst. Any fark+�urpr►�e by�..ender in exercising any right or remaly shall not be�
<br /> ` , waiver of or precludc tho ex¢rcise of any right or remedy.
<br /> � 12. SuoceFSOra And Asct�ne Bouadt Joiu�t�ad Sevarsil Gi+ah1411y;Co-siRaens. The wvenants and agr�ements of this
<br /> ' Security instrument shall bind a�d benefit tt►� successors and usi�s af Lender and Borrawer,subject to the provisions of
<br /> ''+ parugraph 17.BorrowerS�covenantR and pgrecments chall be jr,r,zat and several. My Borrower who casigns this Securlty
<br /> ,
<br /> Insuument but does nat execute the Nota: (A)is co.si�nin�g 1#ni��.urity]nstn�ment only to mortgage.grant and convey that
<br /> - Bqrrowcr's lnterost in the Property under the tcrnis of this S��r�uity lnstrument; (b)is not personally obligated to pay the sums
<br /> ° secured by this Security Instn�ment;and(c)agrees that I.enr�;r and any ather Bomnwer may agrce to extend,modify,forbe�t
<br /> `-"� or malce any accommadAtions with regard to the terms.nti rhis Security Insuument or the Note without that Borrowerk
<br /> �"i�� consent.
<br />.._ - 13. l.us:a€:i�arg�s. If tFe loun r�cured by ih►a nz��;iiy I�i�i�"iitii2tii i� �ubjz�i io t�iaw wit�ch szis mw:+rnu�n taan
<br /> ` �.�.�,..� ;�t,��� chazges.and thwt Inw is finully interpreted so thut the iru¢mt•rr ather loan rharges coliected or to be coltected in connection
<br />• ,. •,,�•.r'•:�•��4� � � with tha loan exceod the permitted limits,tlx.n: (a)uny ruch.Ic.,�n charge shall be rcduced by the umount necessary to reduce
<br /> • ''�'�Vd��';-,�{�:i�w' �; � the chargeto the pertnitteJ limit;and(b)any:�ums already calAtcted from Bo�rower which exceeded permitted limits wiq be
<br /> `{��=<...:�;;p.`,;Cis��' refunded to sorrower, l.ender muy chooxr ta mal.e this rcfund b,y reducing the pri,xlp:+l owcd undcr the Note or by making a
<br /> � �=��>'.'.:v�::.�;�pj;Y;r1��:, . dircct payment to Borrower. If a refund reduces princip�l,ttrt rcduction w�ill be tmated os a purtiAl prepayment wIthout any
<br /> - �• "->•= `�•%'�°''��•' prapayment chazge under the Note,
<br /> _ �N�... .L Y!Y"�'i.�`. ..
<br /> : ">;�� �' 14. Notices. Any oatice to Borrawer provid�:d fcx�in thi��Sccurity Instrument.rhall bc given by dcltvcring it or by
<br /> - � .� " moiling it by first cl•rss muil untess uppli�uble taw rcyuire+use uf.mothcr method.Thc notice shall be directed to the 1'roperty
<br /> ' � '' Addross or uny othcr adJress Borrower dc,ign.itcs by n�xice to Lcndcr. Any noticc to Lendcr�hall be given by first ctasc
<br /> ' ,;,�;;;r�,; , `�;�'"� mail to Lender:s uddress stated hcrein��r any othcr aJdres.LsnJ�r dcsignates b�•nocirr w Sorrower. Any notice provickd for
<br /> - .,,, • • in this Security In�trumene shull tx: dcemed to hnvc M:en,given tu Borrow•er or Lender when given us provided in this
<br /> `,:.;• _. . , , parngrnph.
<br /> �r` `�`�" ' 1S. Governing Luw; Sevcrnbilit3: Tl�is Sccuriq� Ir.,trumcnt shall tx bovcrncd by federal law and the law of the
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<br /> , , . . jurirdi¢tian in which thc Nru�x:rty is kxuteJ. In thc cvrnt that any provision or clausc of thi�Security lnstrumcnt or lhe Note
<br /> ��� conflic�s with applic�ble tuw,such conflict.hull ncu af'Fect othrr provitiions of this Security In,trument or the Note which c�n
<br /> ��`�� ' 'F' be given efiect withaut thc canflictin�Z prorixtun. Ta thiw end the provixion+of this Security lnxtrument and the Note are
<br /> - i .. declued ta bc ticvcrnble.
<br /> `,'r � •� . t6. Bnrruwer's Copy. Borrowrr�hall Ix:givrn�nu u>nfonneJ cupy of thc Notc and of thi.Sc�:urity Instntment.
<br /> _ , . _ . 17. 7Mansfer uf the Property ur u Beneficfut Interu�rt in Borrower. If alt ur any part of the Property or any intercst in
<br /> • it is sold nr trunstcrred(or if u txncticiiil inr4re�t in 8�-uwrr i..��ld or transfrrnd und Borcowrr is not u natural person)
<br /> `�, � �� without Lender's prior writtcn consent,l.endcr m:�y,at it.c�Ption,reyuirc immcdiatr p•rymrnt in full of nll cums securod by
<br /> �-�, •. '�'� = �' thi►Seeurity Inhtcument, However,thin opiion sh:ill nck tk exer�i�ed by Lender if exercix i+prohibitcYl by federal law etc of
<br /> •� '13�.5�. =. �� thedate ofthisSecurity Instrumcnt.
<br /> � If Lenderexerciscs this option. Lend�:r.hrlt�iru Borruwer notirc of acre(cratiun. The nuticr.rhall prnvide a period of
<br />=`'�� 1�' "'"' < �;i nat less than 30 day,from the date th�t nuti�e i,d�lii�rcd or m:►iled within whirh Borruwer mu+t pay all sum+securcd by this
<br /> ; :;,„�, _ i Securiry Instrument. If Borrowcr fait. t���:iy �h�ne ,ums prior tu the cxpiration uf thiti periai. Lender muy invoke uny
<br /> k•r � mmedie�permittcd by this Sccurit� Ir.vtrument.a uha�t funhrr noticr or demand un Borro�vrr.
<br /> 18. Borrower's RiQht tu Reitutytc. If Bc�uwrr mech renuin rondition.. Borroarr xhall havc the right to havc
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<br /> . ��._.,°=� enforcement oF thix Security lnstrumrnt d�y«HU��uud at;my timr priar s�tfx rarlicr uf: (al S dayti tor+urh othcr}xriai ar
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