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<br /> condemnubn ar athet t�kin�of�rty p�rt of the 1'ropeKy.or far coaveyuwx in Ileu af o8ndar�rwloo.are 6ereby�rai�tbd+�nd
<br /> shW be ptW to L,eoda�.
<br /> In the event of�tot�l taklnR of the Pnoperty. the p�o�.'ted�sh�ll be applkd to the �ums �ocared by this Security
<br /> In�tcumait,whether or not thet►due,with,uiy exce��paid to Borrower. ln ihe event of�pati�l takin�of thePro�r.�ty in
<br /> which the f�tr m�rket vdue of the Property immedi�tely before the taking is oqual to or�reater th�n the�mount of tF�o surta
<br /> �ecured by thi�Secu�ty Instrunknt imm�diately before the teking,unkss Bc�mower and L.cndcr ot�rwlco+��ree dn wrftln�.
<br /> Ihe wm��ecuted by this Socudty Irutcument:h�ll be reduced by the emount of the praceeds multlpUed by tpe follawin�
<br /> fractlon: (p)the total amount af the sums socuted immediately befote the taking,dtvlded by(b)the fiir m�ukec value of the
<br /> property ImmodiAtely befo� the taking. My b�lance shall be p�id to Borrower. In the event of t puti�t Wcing of tho
<br /> Propeny in which the fair muket value af the Pro{xrty immediately beforo the uking is kss th�n the Amount of the wme
<br /> eecu�ed immcdiwtely beforc the taking.unless Bortower and l.ender otherwtsc agree in writing or unless �pplic�blc law
<br /> otherwise provides,the procadc s1W1 lx appUed ro the sums secuned by this Socwiry Instrument whether or not the wms ue
<br /> then due.
<br /> If the�upetty is abundoncd by Bocrower.or if.after notice by Lender to Bartower thpt the condcmnor affere to mAke
<br /> ___�� an award or settla a clalm for datnages,Borrnwer fails tu respond to Leisdcr within 30 days after the dAte Ihe noticc is given,
<br /> Lender is Authoiized to collxt and apply the proceeds,at its option,eithe�to rcstoration or repair of the PropeRy or to the
<br /> wrr�securcd by this Secu�ity Instrument,whether or not thcn due.
<br /> Unless Lender and Botrower othenvise agrce in wtiting,any upplication of proceeds to principal shall not extcnd or
<br /> postpone the due date of the monthly paymena c+eferrcd to in parugraphs I and 2 orchange thc amount of such payments.
<br /> ll. Borrower Not Released; ForbeArxna By I.ender Not a Waiver. Extension of the time for payment or
<br /> — madification of amoRization of the sums secured by this Security Instn�ment grnnted by Lender to any xuccessor in t�tecest
<br /> — of Barrower shall oot operate to releasc the liability of the orlginal Borrower or Borrowcr�s successors in intercst.I.ender
<br /> - shall not be required to commence proceedings against any successor in interest or refu.ce to extend time for payment or —
<br /> otherwise modify umortization of the sums secured by this Sccuriry Instrument by reason of any demand made by the original
<br /> Borrower or Borrower's successors in interest. Any forbearance by Lender in exercising any dght or remody shall not be a
<br /> waiver of or preclude the exe�cise of any right or remedy.
<br /> 12. Successors and Asst�ns Bound;Joint and Several Liability;Casigners. The covenants and agreements af this
<br />" Security Instcument shall bind and benefit the succeswrs ond assigns of Lender and Borrower.subject to the provisians of
<br /> puragraph 17.Borrower's covennnts and agreemen�s shall be joint and several.Any Borrowcr who co-signs this Security
<br /> Instn�ment but dces not execute the Note: (a)is casigning this Securlty Instrument only to moctgage,grant tind convey that
<br /> Borrower�s interest in the Property under the terms of this Security Instrument; (b)is not personalty obligated to pay the sums
<br /> '� secured by this Security Instrument;and(c)agrees that Lender und any ather Borrower may agree to extend,modify,forbear
<br /> � or malce any accommodations with regard to the terms of this Security Instrument or the Notc wi�hout tlwt Borrower�s
<br /> ,„�� � . co�ertt.
<br /> � 13. Loan Charges. !f the toan secured by this Security Instrumcnt is subject to a law whuh se�, max�mum loan
<br /> � '.��;�ta�����v;,, ' charges,and that Iaw is tmnl�y interpreted so thnt the interest or o[her ioan charges coiieceed or to ix cul3cctcd iu w��ucn:tia► °
<br /> t�',j'�'.��;4"-;:'.��. with the loun exceed the permitted limtts,than: (a)uny such loan chorge shall be reduced by the amount necessnry to reduce
<br /> ` �""''�� � " the churge to the permitted limit;und(b)any sums almady coliected from Borrower which exceeded pertnitted limits will be
<br /> ) '�:�';';�'.f,;`" �. refunded to Borrower. Lender muy choose to muke this refund by reducin�the principal owed under the Note or by making a
<br /> ,;,�,���,�+��;��,H+. direct payment to Borrower. If a refund rcduces principal,ihe reduction will be treated nx a partial prepayment without any
<br /> • : � prepayment churgc unde�the Note.
<br /> ' 14. Nottces. Any notire w Burruwer pruvided for in this Securlry Instrunient shull be given by dclivering it or by
<br /> •:.,t�:.�w�.•.�.:.. • mailing it by first class muil un(ess applicubie law reyuires use of unother method.The notice shall be directed ro the Property
<br /> =>%�::• ' . �= Addrnss or any other uddress Borrowcr designatex by nntice to Lender. Any notice to I.cnder shull be given by fitst duss
<br /> :ti_' ,,�,:...,, ,. ,,,,;:_„� mail to Lendcr's addre�x stutcd hcrein or any�thcr uddres,Lender JesiFnutes by notice to Bonowcr. Any notice pmvided for -
<br /> -� �•; � in this Security Instrument .hull bc Jcemed to huve t�rn given tn Borrower or Lender when given a� provided in this
<br /> . parogruph.
<br /> • �" " I5. Governing Law; Severability. This Security Inxtrument xhall be governed by federal law and the luw of the
<br /> •�+K��• • • jurisdiction in which the Pro�ny ix Icxatrd. In thc cvent th�t uny pravitiion or cluu.c of this Security Instrument or the Note
<br /> p _, .,• contlictx with upplicable luw,such conFlict�hull not aff'ert�nher provisiunti�if thir S�curity Instrument ur the Note which can �
<br /> . tx given effect without the contlictin�!provision. To thix end the provi+iony of this Sr.ruriry Instrument and the Nate arc
<br /> '� ' declun:d to bc severablc.
<br /> � '•rw. r;+,^ 16. Borrower's Copy. Borrowrr tih:dl Ix given onr cunfurn�rd r�ipy of thr Nnu und of'this Security Imtrument. �
<br /> 17. 7Yansfer of the Property or a liemticiul Jnterest in Borrower. If alI or any pan of thr Proprrty or uny interest in __
<br /> -r.•�� . it is xold or transfcrred tor if a Ixnrfici:Q intcrc,t in B��rruwrr i,.uIJ ur trumfcrRd anJ Bormwrr ix not a nutural pcnon) `
<br />. '`� -`~" without Lcndcr's prior writtcn conscnt,I.rndcr may,ut i�s option,rryuirr immcdiatr paymcnt in full af ull sums secumd by
<br /> *-'�'� ` this Sccurit lnstrument. Howevrr,thix u qon shull not lx exercised h Lcnder if excrcisc iti rohibited b Cederal law us of
<br /> • �w*, . • Y P� Y P Y _
<br /> _ ��:... .� thc date of this Securiry lnstrument. _
<br /> -: " , If Lender exercisex thi+aptiun,Lendrr shall give Bom�wer nutice uf accrleiatiuu. 1'li�noticc xhall provide a prrial of
<br /> w not less thun 30 duys from thc dutc thc noticc i�dclivrrcd or mailyd within which B�irrowcr muyt pay all wmz ururcd by this F
<br /> , �:��� ♦. . Security Instrument. If Borr�iwcr fail.tu pay thetir sumz prior to thr rxpiration of this �xriod. Lendcr muy invake uny �
<br /> ",.� remedics permitted by thix Srrurity Instrument withuut funhrr nc�ticr ur demunJ on Bormwer. �.
<br /> °' ` � 18. Borrower's Ri�ht to Relnstate. If Burn�wcr mrcts rrrtuin conditions, Borrowrr,hall have thc right tu have =
<br /> - • enforcement of this Security in.trwnrm disruntinurd at cmy time prior to thc r:►rlicr of: la)5 days�or tiurh othrr prriixl as �
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