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<br /> �1_ 1 8823
<br /> — condemnuli�xi or whcr tuicing uf any p:ut ot tlx�1'rupchy,w f�x cunvcywK.�e in licu uf cw�demnwiun,vre hcreby wwi�nal�nd
<br /> riull be�wid u►Len�lcr.
<br /> In thr evcnt ot' u intal taking af the Propcny, ihc pr�ccrd.r shall he applird �o th�: .umx �tiunJ by thia S�tiurity
<br /> inx�rumcnt.whethcr�x n�� Ihrn Jur,with uny excc,r puiJ tu Harmwcr. In Ilx cvcnt uf a psutiul�uking of Ihc Ruperly in
<br /> which�hc fai�markc�vulur of�hc I'�ru{nny imme�liu�rly Ixfurc thc wking i,ryuul w ur�errutcr�hun�hc omuum of Ilu�sumy
<br />--' —� xecured by ihis Secu�ity In�.trumem immediutcly heFon:thc taking,unlr.x Bwmwrr wxi Lrodcr�Hhcrwi+�:u�nti: in wri�ing,
<br /> �.-�,� the�ums Mtiurcd by thi+Securi�y Inr�rument�hull Ix rcducal by �Ix� umoun���f thr pr�x��ed,muUiplkd by Ihc following
<br /> -' — _- � frac�ion: lal�hc l�Nwl ui�iuuut uf 1{w hum,Kcur��imm��Jiu�rly hcfur�th�t:d:ing.diviJed by lbl the foir murlce�value��P�he �_
<br /> Propeny immediately bcfore �he�akin�t. Any buluncc„h•rll tx:paiJ to Burrower. In thr cvent �►f'u paniul �uking of dx:
<br /> - - --___= Ropcny in whkh tl►C fuir murket vnlur of thr Pry��+rny immcdiu�cly bcf.�rc thc�uking i�Icxs�hun�iu:urwu�t uf thc�umx
<br /> ---- secured imm��diatcly bef�xe tAe��;ing. unletiti Bam�wrr wkl Lrnder Whcrwi�c ugrec in wri�ing or unlrwti upplicuble luw
<br /> ' � otherwise pn�videa,the pnxerdx Khull be appli�d to�hc wmw r�un�d by�his Security Inxtrumem whcthc�ur na tix�+ums are
<br /> �.-� .
<br /> — then due.
<br /> — li�hr Propeny ir.ubvxloncd 6y Borniwcr,ur if,after notice by Lcndcr to Burruwcr ihat the ccxidemnor ofPcrv to makc
<br /> - --" _— nn uward ar+cnle u claim for utamagrs.Burrower fail,lu re.pond to LenJcr within 30 Jayx after the d•ric the notice is given. --
<br /> ��, Lender is authorized to collcct uiM Apply the prrxeed,,ut it.uptian,eithe�to rexturv[ion or�puir of the Pn.�peny or lo�he
<br /> - --- �ums securc�i by thi�Sc�urity Inytrumen[,whether ar not then due.
<br /> — Unlexs Lcnder und Borrower ahenvi+e ug� in wriiing,ony upplicu�ion of pruatiJ,to principul xhall nut ex�cnd or
<br /> postpane the due dute of the monthty paymentw rcfeRed to in parngraphs I and 2 ar chunge the wncwnt oF such paymentti.
<br /> — 11. Borrower NM Rekac�dt ForbeA�nce By l.ender Not a Waiver. Exten.ion oF �he time for paymrnt or
<br /> :-_� madification of amonizution oi the�:umti�ured by this Securiiy Inxtrun►enl grunted by Lender�o any+uccexxor in interes�
<br /> - of Bomawer shnll not operalc Io reteatie thc liability oi�hc origi�ul Sarower or Barrower�tiucceswrti in inleres�. Lender
<br /> �-------'�"� shall nol be reyuireJ to c�mmence pnxeedinF� aguinst uny tiucce�.ur in intem�t or rei'uu tu extend time for payment or �
<br /> � •� oiherwis�:madify umonization uf the sumv,ecured by thi.Security Imtrument by reuwn of any demund mude by the uriginal
<br /> =�-� Bomnwer or Borrower:xacccrsorr+in inten:st. Any forlxarurxe by Lendcr in exercising uny right ur rcmedy xhall nut be a
<br />_---�' '�`'"`` waiver of or preclude thc exerrisc of uny right or�mcdy.
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<br />_ _.—_ -- _-• 12. Successo�x And Assi�ns Boundi Jofnt and Several Liability;Co-signers. The covenunts und Agreemems uf this _
<br /> '�'`""�•�`�-" � Security Intitrument shull biMJ and bene6�the surce+son und us.igns oi Lencler nnd BoROwer,xuBject to Ihc prov9+ions of
<br /> `---� � parngrnph 17.Borrowcrk covennnts and agreements,h�ll be joint u�d tieverul.Any Borruwer who co-xigns thi.Security
<br /> — _-�--�r.�``n�' Instrument but does not execute�hu Note: lu1 i,cazigning thiti Security Instrument only to mortguge,grunt und convey�hut
<br /> "�"''" ". Borrower's interest in the Property under thr tennx of�his Security Instrumenr, (b►is not per.yonully obligated to puy thK sums __
<br />-- -""'�=,� ' secured by Ihix Securily Instrument;und(c)uKrce+thut Lender and su�y wher Borrower may agree to extend,modify,forbeur
<br /> '��..4ara._... or muke any accommadutionx wflb regani to Ihe tertns of lhix Securiry Instrument or the Note without that Bortower's
<br />�,�;�e1� consent.
<br /> 4.,�..,,c-� !3. Losa i:halges. !f!M� k�an �:!�re� hy �hi.Cecurity In�trument is subie�:t to a law whirh +ets rnuximum loan
<br /> ;�,��,�� chnrges.And that law is finully in�erprct��1 w th•r�the imerest or other lo;u�chargex coller.ted or to be collected in connection __
<br /> - with the loun exceed the pertniued limits,then: la)uny tiuch lo;m rhurge shall be reduced by the amount necessary to recluce
<br /> ��-., ° � the charge to�he permiued limir und lb��ny sum+ulrcaJy collected Gom Borrower which exceeded permitted limit+will br
<br /> rt:w�"i"_ miunded lo BMrower. Lrndtr muy cMx�k lo muke�his refund by reducing Ihe principal owed under the No[e or by malcing u
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<br /> _��-`a�;�,;,. � direct paymem ta Borrow•rr. IP u refund reduce.r•princip:d,the reduc�ion will be a�eated as•r partial prepuymrnt wi�hout any
<br /> �-- prepayment cherge under the Note. ___
<br /> } '�""•°�°I 14. Notices. Any notice to Bom�wcr provideJ for in thi. S��:uriry Instrument shall be given by delivering it or by aa-
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<br /> , ,-. mailing it by first class muil unless upplicuble luw reyuire+use of unother methad.The ndice shall be directed to the Propeny
<br /> '�s Addre�.�or any o�her uddres�; Borrowcr dc�ignutr�by nu�icr to Lender. Any notice to Lender shull he given by fint clutis _
<br /> :.., � "';�,sti�,, mail ro Lender�uddres�xtated hcnrin or uny utliri adJrz.,LenJ�� Jesignate+by notice to Bonower. Any natice provided for �
<br /> �`''"' • • in this Security Intitrument .h�ll he dcaneJ to huvc heen given to Bnrruwcr�u Lrnder when given as provided in thiz a`'-
<br /> _�,�.�4�?. ..; puragruph.
<br /> "' V IS. Governing Lnw: 5;everabNiiv. 'Ihix Securny Imtrument shall be governed by federul luw und the law uf the
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<br /> 1��`; Jurisdiclion in which�he Rv�ny is locuted. In Ihe event that•rny provixion or rlause of this Security Instrument or the Note
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<br /> •'�; . conflicts with applicuMe luw�,wch conflict shall nu1 ufi'e�t other provi�ions of this SeKUriry Insmiment or the Note which can ���
<br /> �%-�. • r be given effect wilhout thc ronflicting provisiun. Tu Ihis end the provision+of thi�Securiry In+trument and the Note sue _'~_
<br /> _�,�s._ .
<br /> ^��... derlared ro bc xvcruble. __.._
<br /> 16. Borrower'a Copy. Burcower.hull Ix given one conformeJ copy of the Note und nf�his Security Instrument. �,.,y
<br /> '��•. l7. 'I�s�asPer oi the Property or a Beneficial Inlerest in Borroa�er. If aU nr any part of thc Property or any intemst in R_:�
<br /> ` +��= il is sold or Irrmfcrred(or it'a t►�ncfirial intrrc+l in Borrowrr i��i�ld or Irun�fcrred and Borrower iz not a nntural person► _--
<br /> ``�'� ` • — without Lender?� prior wriu:n comem. Lendrr muy,ul it+option,myuim immediatr payment in fuU of ull xumti secured by _ .
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<br /> ;t{u:1�. '�y . . Ihis Securily Instrumenl. How•evrr.lhis oplion xh•rll nW be cxcrci�d by LetKier if exercitie ix prohibited by fedcral law as of
<br /> �'-==:� .� the date of thi+Securi�y Instrument.
<br /> ^"'` ��; � If Lender exerci.ex thi+option.LenJer�hall give Banowrr nutice of accelrrutian. The notice+hall proviJe a period of --
<br /> •�` �'�`�"'"�.:"' not les.than:{0 duys f'mm the dutr�he n��tice i,d�livrred or mailyd within which Burruwer must puy all sum,+�curcd by thix
<br /> �"" =�~-k Security Instmment. II' Borrower fuil+to puy thesr sum. priur to the rxpiration of thi. pericxl. LenJer m•ry invoke any
<br /> - temedieti prrmiurJ by thix Srrurity Imtrumrnt��•iihout funh�r notice or dem•rnd im Borcowrr. —
<br /> • 18. Borrnwer's RiRhl lu Reinstute. U Burroa•er mrrl� crnuin c��ndition.. Ron�o��•cr �hall havc the right to have �..:.
<br /> •° enforeement uf�hi.Securi�y Insirumciit Jix�m�inurd at any time prior to the carlier of: Ia1 S duy.�or xuch wher prriod a. ''
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