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<br /> condemnation or other takinY of eny part of thc Propcny,or for convcyuncc in lieu of condcm��ticx�,wre hercby turiYnai�nd
<br /> �11 be psid to Lender.
<br /> _ - tn the event of a total taking of thc Yrapecty. the proceeda shail be applied w tlx r�um� Kecured by Ihis 5ccurlty
<br /> Instn�ment,whether or not thcn duc, with any cxcess puid ta Borcciwcr. In Ihc cvcnt uf u purtiul tukinQ��f'1hc PrupeAy in
<br /> which the fair market value of the Praperty immedietely beforc the tuking iti eyupl to or greut�r than ih�wnxwm uf thc Kumv
<br /> secured by this Secudty Insnument immediutely befoc�e the taking,unleti�8orruwer and Lendrr c�therwix�uyrce in wrl�ing,
<br /> :'�,_._...__�----__ the sums seeuted by this Security JnsUumnnt til►ull lk �e�luced by thr umuunt ui'the puKCUI.�uu4{pUcd by th� fidtuw•Iny�
<br /> fraction: (a)the totui amount of thc sums secured immediutely before the taking,dividcd hy/b1 tlx;fuir nturicct valuc ol'It�r
<br /> -;�+�__,� � R»perty immediately before ihe taking. Any Mulance shall he puid to Bonowcr. ln tix evem uf u purtiul t�kin�;uf tlw
<br /> ����'"� Propecty in whfch the fair marl:et vulue af the Property immediAtely befarc ihe tuking iz less than tlu�imwm ot'tlk *uu�»
<br /> _ ___= secured immediately before the takin�, unless Bntrower und Lendcr othcrwi+e ugrcc in writing ��r unlr�r ���licahlc luw
<br /> ;�_-�---__ otherwjse provldes,the proceeds shall be epplied ta the sums r.ecured by this Security InstNmrnt whriher ur nw Ihr ru�n*�rc
<br /> then due.
<br />—�� If the Property is abandoned by Borrower,or if,uFter notice by Lender to Borrowcr ihut thc ca�demnur ul'frrv lo mukc
<br /> _ — an award or aettle u clalm fur damnges,Borrower failti to respond ta Lcnder within 3ll duys ufter the dutc�hc nulice i.�tivru,
<br /> _-�==�r�^� Lender is euthorized to collect and apply the prnceedti,at its option,either ta n:xtoratiem ar rtpuir of tix 1'cr�p�rly nr tu thn
<br /> �� sums secured by this Serurity ln4trument,whether or not then duc.
<br /> Unless Leader and Borrower otherwise agree in writing,uny upplicution of'pnxeeds ta,princiFuil +hall�wt cxtrnd or
<br /> �� postpone the due date of the monthly paymentt refened to in pcuugruphs l und 2 or changc thc umount��f+uch p�yment..
<br /> 11. Borrower Not Released; Forbearance By Lender Not a Ws�iver. F.xtrminn uf thc tinx tor pa�•nknt ��r
<br /> -;,-� .,M;,,,,; modificatfun af nmortization nf the sums secured by this SecurIty(nstrument gr:uucd by Lencier tu uny�uccerxor in intrar�t
<br /> � of Borrower shall not operatc to releatie the liability of the originnl Borrowcr ar Borrowcr4 succc+�on in intercst.Lender
<br /> :ytlY�� shall not be required to commence procesdings against uny successor in interest or refase to extend time far p�yn�ent or
<br /> '::, ••�;;fu.�• atherwise madify amortizatian of the sums securcd by this Sccuriry instrumcnt by rcason af uny dcmand made by ihe original
<br />;,;.;:'• ���`',�";'Z�° Barrawer ar Bonawer�successors in Interegt. Any forbearunce by Lender in exercising uny right or remcdy xhull not t+e u
<br /> ' '� r,r:'�h��';��,� • waiver af or preclude the exercise of Any right or remedy.
<br /> ''���'`4���"'"���' 12. Successars and Assigns Bound;Joint and Several Liability; CasiRners. The covenunix und ugreement.of thi.
<br /> �`"-"''�.`{�<i.°��'�±'";`� Securit lnstrument shall bind and benefit the succeysors und usst m of Lendcr und Borrower,sub ect ta the rovisicmz i�f
<br /> ��..+ ��«.. .
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<br /> ,_,=,t�°�';t�,; �rF, �► ''. parngraph 17. Bonowers coveuants and ugreements tihaU be joint and severul.Any BoROwer who co•signti this Security
<br /> :"• 'm•�;�.�,�c�fi,��: ' Instrument but dces not execute the Note: (a)is co•signing this Security Imtrument only ta murt�uge,grunt und convcy thut
<br /> z '• Borrower's imcrest in the Property under the tcrms of thiti Security lnstrumenr, (b)is not per.wnuUy obliguted to puy thc wm,
<br /> r" ,�' t: :�{^'` ,
<br /> s���,�,.::.':;±, secured by this Security Instrument:und(c)agrees that Lender und any other Boaower muy abrcr tu extend.malify.f'or6cur
<br /> �; �� h' �;,r t ar malce any accommodations with regurd to the terms of thiti Security Instrument or the Note without that BaRC�werk
<br />_ `. ��,z��:�';� consent.
<br /> r �`�r`j� 13. Loan Char eg If the loun secured b this Securit Instrument i.r- tiub�ct to u luw which �et. muximum loun
<br /> ,i�,;:,,R_ ,. 8 •• Y Y J'
<br /> • ,�,p,�,�:,;, charges,and that law is finully interprered so that the interest or ather loun chur�es collected ur to he rnQacted in cunnection
<br /> -�� •••� �-- with the loan exceed the permitteA t�mtts,then: (s)any such ioan churge shall be reduced by the umount necezsury to reduce
<br /> ' �•'<<�"�' ' ' � the charge ta the permitted limit: and(b)any sums already collected from Borcower which exceeded pcm�itted limits will tx
<br /> �yr.•'s::;::'`�•:: ..�;,. �
<br /> •t,. : refunded to Borrower. Lender muy choose to make this refund by reducinF the principal owed under the Notc or by muking u
<br /> �,�;'':ti;�- ,;- - direct payment to Borrower. If a refund redures principal.the reduction will be treuted us u partiul prepuyment withat►t uny
<br /> ,:G^;y'�••= •;•'•.;'v prepuyment charge under thc Notc.
<br /> . � `��' "" 14. Notices. Any noticc to Borrower provided far in this Security Instrumcnt�hull be given My dclivrring it or by
<br />.� '��"�' �` - mailing it by first class muil unlesx applicubie law reyuires u�r of unodxr mcthoJ.Thr nnticc shall bc directcd tu thr P�opcny
<br />_ ,:;����i;;:,.. ._,.�;�,� Address or any other nddress Bortowcr detiignates by nutice to Lendcr. Any notirc w Lender shull lx given by �r�t rluss
<br /> _ �;�';,�';,,�_,;,__�,�;' mail to Lender z uddress stuted hrrein or any other.�ldrcxs Lende�dexignates by notice to Borriiwrr. Any nutice pruvidrd ti►r
<br /> � wr;:::Y;x:.:;.;:;�y,: in this Security Instrument shall lx: dcemed to huve heen given tu Be�rrawer or Lcnder w•hen given u+ provided in thi.r
<br />�� ��'�S: paragraph.
<br />� ,,2•.,,,,-..; 1S. Governing Law; SeverabUity. This Security Instrument shall bc�avcrncd by tederul luw und thc luw uf thc
<br /> ' ' ��€��=::;�{> ;• jurisdiction in which th�Property is tocnted. In th�evem thut uny provitiion or clause of thi.Securiry Imtrument ar the Note
<br /> . ,.;�. �..�}�� . �
<br />_ •fi�,�.�r;�, �'-� conflicts wlth upplicable law,such confliet shnll ncx affect other provizions of this Security In�trument or thr Note which cun
<br /> ;,;,.,;:�,�� � • �+••� be given effect without the wnflicting provisian. T�ihi.r• end the pr�ivi,ions of this Suurity Inxtrumrnt und the Notc urc
<br /> y. .::c�1��. . .. . � declued to be severable.
<br /> ` •ti�' ''.�.. :°�;` 16. Borrower's Copy. Borrower sh�ll be given one confarmed cnpy of thr N��tc und uf thi�Scrurity Inxt�umcnt.
<br /> ���� " �'.";y; 17. 11�ansfer of the Property or�►Beneficial I nterest in Borrower. If all or uny pan of thc Pro}xny�>r uny intecest in =
<br /> "�'���� � it is sold or ttansfcrrcd (or if a txneficial intcrest in 9otrowcr is sold or trunxtcrrrd and Borrowrr i, nut u naturul prr.on) -
<br /> _ y�'"�t� without Lender's prior wriucn consent.Lrnder may. at itx option,rcquirc immcdiatr puymcnt in full��F ull sums�rcured by ,
<br /> ` �''`�'�` thls Security Instrumcnt. Howcver,this option sh�►II nat be�exercired by Lrndcr iF rxercizc is prohibited by feJer�l law as af �
<br /> ..h�"��h? the date of this Securiry Instrument. _
<br /> - �7��3 If Lender exercises this option,Lender xhall give Horruwrr nnticc��f Urcel�ration. Th�n��ticr�hall provide u periixi uf
<br /> - � -�••�` not less thun 30 days from thc datc thc notice is delivcrcd or mrilyd within whirh Burrower mu�t pay all.mns.ccurrJ t+y thi. -
<br /> �`:�� �+r:.._� Securiry Instrum�nt. If Bortowcr fails to pay thc�r aums prior to the expirt�tion uf thi.p�:rioJ, Lrnder may invoke any �.
<br /> — •:41'.',��:' �;.�.: remedies pertnitted by this Security Instrument withaut funhrr notice c�r demund.m F3��rcuwer.
<br /> - "'��7`�t'�"'"""" ' 18. Borrower's Right to Retnstate. If Bortciwer meets certain cunditiom, Bortotcer sliull hav� thr right to have
<br /> '�'��6e1��L:i;:..'-'::r� • .
<br /> �-�r :�-� • enforcement of this Secudty Instrument discontinued:u any timc prior tu the c:►rlie�of: lul S Jay.lor wch othc�periai us
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