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<br /> condemnation or wher taking aP any ptu�nf�hp Propeny,or far rnnvcyan� in lieu af condemniNion.nrc hereb9�wiYneJ�d
<br /> sludl bc paid to Lendct.
<br /> In�he evcnt oF.a tWAI.taking of tha.P�ap�ny. the pwcecdr: �hall b.;upplicd to tha �uma securcd by thia Security
<br /> bstrument,whethe�a mN �hep duR�With:qnM:exce�s paid la B�xrowa�. In�he event of a partlul wking of lhc Pwpeny in
<br /> --� whfch the fui�ms�rkcl vulup.of thu Rn�ny,in�111�diulely beforc the�aking i�eyuul to ar grcuter�6an the umowu af the sums
<br /> securrd by�hix Security lnsuumsnt irpmFd��1SR�Y�fore the tuking.unless Bormwer und L.ender athenvl�e ugrec in wdifng.
<br /> --- �he sums Rccurcd by thir�curity InF�wm�p�,shall be Rduced by �Iw umount oi tho procee,�is multiplied by the followIng
<br /> �"= ' fru�tiwi: (u)�tw.tWu)umnunt of diu ruma x.�u�d immedlately txfarc the u�king,divided by Ibl the fair morket valuc oP the
<br /> Property imm�diutaly bufae th� takias� AnN,bt�lance xhall be paid to Bamwer. In the evcnt af a pa�tial tnking of the `
<br /> Property in whiFh U�p fair matic�t vulu�,of thp Propeny immediu�ely before�he wking is les.s than the amaunt of the �ums
<br /> se�:ured immediAtGiy t�aforc tha tuking, unlRFs S�wer and Lendcr ot6erwis;e agree in writing or unless appllcablc Iaw
<br /> --- otherwirx pmvid�s./ha proceedre.r•Iwll 1w appljqA to the sumY�+ecured by thiw Security lawttument whathcr or not IhQ RumA are
<br /> _= then due.
<br /> — !f�ha Nv�ny is abwtdaned by Botrou+er,or iP,After notice by Len�er ro BaRawe�Iha1 the condemnor ofi'ern to moke
<br /> -- -•��: an awprd or settle u cluim far Jamuger.Bwrawer fuils to rcspcmd ta Lend��within 30 duys after the dute the notice is given,
<br /> -- Lrnde�is authqrized to callecl and uqpl��thq procc�eds,ot its optian,eithcr to rectoratian or repai�af the Property or to the
<br /> suma secured by this Secur�t,y In�trum�nt,whqlher or not then due.
<br /> --- "``-_-� Unleas LendKr und Barow�r otb�ltiviqC ugnee in w�iting.any applicntion of proceeds ta principul shnll nd extend or -
<br /> pos�pane the dua.dnta of ths manthly puypt�nts rcferred ta in ptuagrnphs 1�d 2 or chonRe the amount of sucb payments.
<br /> —y ll. Rorrawer Not Retepred; �qr,b+tacaocc By Lende� Not a Wpiver. Extension of the [ime for puyment or
<br /> madific�tion of an►�nization of 1ha sumfi.+secured by this Security lnstrumrnt grunt�d by Lender to nny successor in interest
<br /> � of Bormwer shall nqt opernte to relepa��he liability of the original Bo�uwer or Bormwerk succcssors in imenest.Lender
<br /> � ____- shall na be myuired to commence prrr:eedings agninst uny succe�sor in interest ar refuse tu extend time for payment or -
<br /> ^ - oth��wise madify amnrtizption af th�sums secured by this Securi�y Inst�ument by reu.a�n of any demand made by the ori�inn�
<br /> Borrower or aurrower's succe�sor:g in f nten�t. Any forbearance by Lender in eacercising any right or remedy shnll not be u
<br /> '" �--� ° waiver of or preclude tha cxercisc of unr right or remedy.
<br /> °=•i, 12. Suieces4ors and Ass(gnR Bou►l�d;Jdut aad Severnl Labllity:Casigners. The covenants and ngreements of this
<br /> _�_;�,.�;-� Security Int�uument shull bind and banait the successon und a�signs of Lender und Barrower, subject�o the provisions of
<br /> paragruph I7. Bomower's cavenanla and agreemenls shull be joint und r,�veral. Any 9am�wer who casignh this Security
<br /> �::�:'^.,� Insuument but does not execute tha Nala: (u)i.r•co-signinR this Securiry Ins�rument only ta moAgage,grnnt And convey thut
<br /> _= Borrower�intareFt in Ih�Propeny undsr 1he term+of thix Security Inslrument; !b)is nut petsonally obligwed to pay the sums
<br /> -= secured by thls Security Instnimem:unil lc)ugreeti that Lender and uny other Borrower may ngree to extend,malify,forbes►r
<br /> =°'""',°��' � or make �ny xccommodationF with �<�ani �o ihe�erm� of�hix Securin� Instniment or the Noee without �hat Borrawer�
<br />-- --—= � cons�ent.
<br /> -- -- !3, Loan Chargec. If the Mnn..ecured by�his Security Instrument is subject �o u law which set� muximum loan
<br /> ����`` ch�uges,und thut Inw is finully intatpr�ted so Ihat the intere�t or ather loan charges callec�ed or to be callec�ed in cannec�ion
<br /> -=-..� with tha loun exceed Ihe pe�niucd lintltn,then: (u)uny surh loan charge shal)be reduced by ihe amount neces�ury la reduce
<br /> _--•., .,
<br /> .__� the churge to thc permitted IimU;and 1 h)any sums ulreudy collected from Borrower which exceeded permitted limits will be
<br />�.�.�s:--y refunded to Borrower. Lender may ch�x�xe to muke�his mfund by reducing the principul owed under Ihe Note or by ms�king a
<br />_--_— direct payment to Barrower. If a�fund reduce� principal,�he reduction will be irented u+u paniul prepaymen�withoul uny
<br /> --�vn�:'•�� prepuyment churga undcr ths Nota.
<br />_�__;:;;�,,,.M, 14. Notkes. Any n�tice ta Burrower provided for in this Securi�y Instrument xhnll be given by delivering it or by
<br /> .�.,,=,,.y::;�- mailing it by�rst cluss mail unle��applicable law require�use of unather melhnd.The notice shull be din�ted to the t'nopertY
<br />��,r�.� ' Address or any athrr addrerx Borrowrr designm�s by notice to Lender. Any notice to Lender shull be given by fint clASs
<br /> ---= ' mail to Lcnderk uddrc�x stu�cd herein,��r any�Hher addresx Lender dexign;ue�by notice to Borrower. Any nutice provided for _
<br />=���.-1?=�,�r�-4 in thin Security Instrument shull bu dcemed io huve been given to Borrower or Lender when given ac provided in Ihiw
<br />- -� • QIA fA
<br /> �-,••° P gl SGovernirtg Lawi Se��erability. This S�wurity Imtrument �hull Ix:govemcd by federul law and the luw of the
<br /> :.�r.��s�,>_=
<br /> �=•�',"•"� � jurisdic�ion in whicB�he Pix�perty i.lucu�ed. In�he evem tNa��ny provisian or rlautie of thi+Securiry In,�niment or the Note
<br /> ���°;n'�����,,, contlicls with�appliruble law,wch 4nnflirt�hall noi afPer�rnhrr provitii�ti of this Securi�y In+aument or�he Note which can __
<br /> ---;-•�_"': ' be given effe�y w�ithout thw contliating provi�ion. 'Ib thih end thz pnavixiuns oi this Security Instrument und the Note am
<br /> 'r�ui��
<br /> .„�`��` .� derlared to be.everabla.
<br /> ;.'i;�,, . 16. Borrower's Copv B�xcewer�hull he tiiven one ronfarmed c��py�f 1he Note anJ of this Security Instrumrnt.
<br /> �v.,;,_ _ 17. 7FAnRier oPtMs Pranerti or a HeneficiLl Interest in Borrower. If all or any part of�hc Propeny or•rny interest in
<br /> ���,��,? _ it i�sold or transferred fur if a ln+kfici•rl interesl in f3ormwcr is solr.i cx trantiferred :uiJ Born�wer is not a nuturrl persanl _
<br /> `�^--_....,.�•.,ti• . without Lenderk priur wrinun con+ent.I.cnder muy,ut i�.option,nyuire imm�diatc payment in full uf all tium,secured by
<br /> `�=���•` this Security lnFtrument. Howev�r,this uption shull not be exercised by l.ender if rxerci�e i+prohibiled by federul luw a�of _
<br /> l'"s�`' "��d- the dnle of Ihih Security Inntrumant. =-
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<br /> _;ti+<•n�� .�;�" ; If Lender exercises�hiti u�»�un.Lendcr�hull givc Bnrrower ndicc d'accelrru�ion. Thr noticc sh•rll proviJe u period of �.
<br /> �-- �'"��` �:�' • na less thun 3(1 di►y�from thu Jute►hc not ice is delivered or m•riled wilhia which Burruw�r mu,t pay uli.um�secured by this
<br /> �,'^_�.T•� '?.,- Security Inr:trument. If Burrou�er fuilti a* pay thcu �wn.prior to tite expirati�m uf thi� periixi, LcnJer muy invoke any
<br /> - ,. .. �;,,, , „ remedicx�x:rmiu�:d hy thi�;5exurilv Instru�nent wilhuut furthcr notice ordemand�m BoRUwcr. _
<br /> � 18. Borrnwer's Rigfll.lo RelnsWle. If Bom�a•cr mret.rertuin cc,nJi�i�ms. Born���•rr �hall huve �he right �a huve _ -
<br /> - -""{;<� , � enforcement ol'Uiir:Secun�.y lnK.n�ment di.c��ntinucJ a�am timr priur to the rarli�r uf: Ial 5 day,lor wch other periai u� -
<br /> � "' , " , tim�dr I'rnuh •Fannk 1Wa�Freddk\1ac l'XlFOR�11\ti"1'Rl'�1F.\T--l�miarm Cuvenanl. 0:90 qw+t�•J n)'n�¢c�s� ` _
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