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<br /> candemnation a other oalcin�of any pWt uf�he Pra{xrty,or for canveyanca i��Iku oP condemnatian,+u�e hereby a��f�ned�nd
<br /> - sFtrll be paid to Lendcr.
<br /> In the avent of a total tdcin� of the P�c�{xny, the proceeda �h�i� bo app�icd to the sums securcd by thia Sacu�ity
<br /> tnswment,whether cx not tikn due.with�ny cxceu p�iJ to Borrower. In the event of�►pwti�l trkinQ af tho Prqxny in
<br /> which tNe fdr muket value of tix Pmpecty immediuely bcforc the t�kin�is oquat to or�ter than the ancwnt of the arns
<br /> � secuned by this Sacurity Ia+uument jminediwtcly bcfore thc taking,unicss Borrower und L.ender cNherwi.r•e�grce in wtitin�,
<br /> -� the�ums secured by this Security Insuument xhatl be rcducod by the nmaent of thc �xoceals multiplicd by the followln�
<br /> � fraction: (a)the total r�mount of thc xums securod immedfately beforc the talcing,divided by(b)the fair mxrket v�luc of the
<br /> y Propeny immcdietciy txfixr�i�e�aking. Aoy lw(wuc sh�+ll Ix:p�+iJ ta Sorrowcr. !n thc cvent nf n pnninl taking of the �. ,
<br /> -- -- Pr�openy in which thc fair market vulue of the Property immedirtely beforc tlx;tuking is Icss thun tlx urnount of the wms
<br /> ,- ------_ . �._��-� secured immedintely hefore the taking, unle�.c Barower and Lender wherwi►e agree in w�iting or unlea�:applic�ble Irw
<br /> -------- ott►srwise providec.the proceeds shall be�pplied to the►ums secured by this Securiry Instrument whether or rwt tlte►ums wrc -
<br /> !� thendue.
<br /> °'�"•-"='�� If ihe Propeny is ubandaned by Borrower,ar if.�fter notice by Lender to Barrower thAt thr candemnar offer�to malce
<br /> ---�ti�rrifi�;,�� u�i uw:ud or xettic a claim for damaEes,Bocrowcr fails to rcxpond to L.ender within:i0 days wfter the dutc the noticc i�givcn,
<br /> — - _--�-- '� �-� Lender is authorized to callect and apply the pracceds,wt it,aption,either to restoration or repair of the Property ur to the
<br /> _�"''�*�'��"�`��{'� sums secumd by this Security Instrument,whether or not then due.
<br /> �� �� �'• '�:.: Unless Lender:►nd Borrower ntherwisc ugree in writing,s+ny upplicution of pmcceds�o principul xhall not extend or
<br /> - � poupone the due date af thc monthly payments rcfcrmd to in paragrophs I and 2 or chan&e the amount of ruch pryments.
<br /> �':!��` 11. Borrower Not Released: forbearance By Lender Not x Waiver. Extemion of thc time for payment or
<br /> - ,. •. wa
<br /> '°�;:'��;,,p;�;r��; moditication of amortization of the sumz securcd by thix 5ecuriry Inctrument grunted by Lender to uny surcers�r in interest
<br /> ?-W,-s�-~�''°.�.� • of Borrower shall not opernre to rclea�c the liability of thc original Bortowcr ar Bormwer'�surceswr�in intercrt. Lendcr
<br /> .1":+..`.• .. '� �
<br /> • . . � . chall not be required to commenc.; proceedings uguinxt nny successor in interect or refuse to extend time for payment c►r
<br /> • ,� •+ otherwise modify amortixution of the,ums securcd by this Security Instrument by rcason ot'uny demand m•rde by the origioal
<br /> � ' Boaower or Borrower's successors in intercst. Any forbearance by Lender in exercising suty right or remedy zhull not be a
<br /> • waiver of or preclude the excrci,e of s►ny right or�emedy.
<br /> ' 12. Successors and AssiRns Bound;Joint and Several I.iability;Co-signecs. The covenuntx:uid ugrcements of this __
<br /> Security lnstrument shall bind and benefi[the successors and ossigm of Lender und Borrower,subject to the provirions of
<br /> ' p:uagraph 17. Barrower's covenants and ugrcements shull be joint and scverul. Any Borrower who co-signs this Security _
<br /> • • Insirument but dces not execute the Note: (a)is co-signing this Security Inrtrument only to mortgage,grant and convey that
<br /> Barrower:intemst in the Property under tixe tertnti of thi.Security fostrument; (b)is not per.sonully obligated ta puy the sums
<br /> . "' secured by this Sccurity Instrumcnr and(c)ugrcez thut[.ender and any other Borrower m•ry agrce ro cxtend,modify,forbc:u
<br /> •:; or make any accommodutions with mgnrd to the tcrms of this Secunty Inrtrumcnt or tlu Note without ths�t Borrowcr+
<br /> consent. °�
<br /> 13. LoAn Charges. !f the loan zecurrd by this Secunty Instrument is suhject to a law which sets maximum lo:u►
<br /> -=-. --- -- --- charscs,and that lai:i�:fina!!� int�rprcted So thut the intcrP�t�►other inun charceti collected or to be collected in connection
<br /> with the loun exceed the prrmitted Iimits,ih�n: tu)any such loan churfic xhall hc reduced by the amount necetisury to reduce
<br /> � the charse to the perrr►itted limit:und Ib1 any sumti ulready coUected from Borrower which exceeded permitted limitti will be _
<br /> refunded to Borrowrr. Lrnder may cluxi,e to m•rke this rcf'unJ by reducin�:the principal owed under the Note or by making a
<br /> dimct paymcnt to Borrowcr. If a refund mdure.principal,the reduction wil l he treated ati a panial prcpayment without uny �"r"
<br /> � . pmpuyment charFe under the Nate. =�_-
<br /> +•. 14. Notices. Any notirc to Borrowcr providcd for in this Sccurity In+trumcnt shull Ix�given by dclivcring it ur by !_
<br /> ;''' mailing it by�nt cla.+mail unlctiti upplicublc law rcyuir�ti u,c of anothe�mcthod.Thc noticr shall hc direrted to the Property �,
<br /> '! Addres` or any other.�ddreti.Rorrower dcxigna[r.by notice to Lrnder. Any nutice to Lender�hall ik given by fir�t clasti -�
<br /> �F inail to Lcnder+addret.,tated hcrrin or uny uther addre„Lrndrr dc.i�natc. hy nc�ticr to Burrowcr. Any notice provided for �;;
<br /> ., • in thiti Serurity[nxtrumrnt ,hull hr dremrd to havn c�rn given tc� 8utrower�r Lendrr when givrn :�� provided in thiti ___
<br /> , E paragraph.
<br /> I5. Go�•ernin�; I.uK•: Se�•erability. 'Thi. Srcurity ln+trument �hall Ix g��vcmed hy frJrral law� and thc law ol'�he �_�
<br /> juritidiction in which thr Prolxrty i.Icx.ued. In the event that any pruvi,i�m�x rlau,e of thi+Srcurity In.trument ur thr Note
<br /> conflictx with appliraNlc laµ,wch contlict+hall not:►ffcrt�nhcr pruvitiion�uf thi, Sccurity In.trumcnt or thr Not�whirh run �__.
<br /> tx givcn rffcrt without thc cuntlicting pruvi�ion. Ti�thi�cnd thr pruvi,iom ol'thi. 5rruri[y Intitrumcnt and thc Notc arc �-_t:
<br /> dedared tolx+c�'��ahle. �r`i
<br /> 16. Borrower'x Copy�. Borru�.er,hall Ix�ircn unc c«nti�rr,ird r��py ut'thr Nutr and uf thi�S�rurity ImtrumrnL l'�';
<br /> 17. 'Iranrfer of the Propert}•or a Heneficiul Interest in fiurroµ�ea 1 f a�l nr an�•pc�rt uf thr Property ur any intrretit in �i,-
<br /> it i. sold or trun.frrccd�or it'a Ixrneticial intrrr,t in Borru��cr i,.uld ur tr.m,frrrcd :md Borruwrr i�nut a natural per+cinl
<br /> withuut Lendrr:priur writtrn cun.eni. I.en�icr ma�.ut it,optiun.requir�in�mrdiatc paymen! in full of all,um+rrcur�d by
<br /> this Security Imtrumrnt. Huw•ever.thi.opti�m+hall nut Ix exrrci.rd by(xnJer it ex�rci�e i�pruhihitcJ by lederal law a�of
<br /> thc datc oflhiti Sccurity In�trumcnt.
<br /> , . U'Lendrr excrcixti thiti opfion.I.rnder,hall gi�•r Borrowrr m�tire uf acrcicrati�m. Th.notire.hall pruvidr a�xri�xi of
<br /> , not le�.than 30 day,frum thr date the notirr i+drlivrrcd ur maileJ u ithin u hirh liorru«rr mu�t pa�•all wm.+crured h� thi+
<br /> Securicy In.trument. If Born�w•�r fail. to pay the.0 �um� priur lu thr r��ir.ni��n��f thi,�xri�xi, Lender may imoke uny
<br /> '. , mmedic�permiu�d by thi,Srruritv In,trum�nt«ithout turthrr noticr��r drm:md un Burro��rr. �.
<br /> 18. Borruwer's Ri�ht to Rein+tate. If Finrru��cr nurh rrrt:un rnnd�unn+. l3urruw�r ,hall hcn•r th� right tu hav� E
<br /> � � enfurccmcm uf thi,Secu�ity In,wmrnt Ji.�•�,ntinucd at any timc pri�,r t�,thc carGrr uL• �a�; da�.1ur,urh uthrr�xri�xl a. ;
<br /> �. sm�lr 1•.nnd��•Funnie�fue'Frtvldk�1uc l\IFf)N�1 1\51 Rl�tF.�T -I lutonu('���rnam. Y�4U �p�er J��/4 p�ree�i �
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