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<br /> --- - cundemnntion or other taking of any part of the Pronerty,ar for conveynnce in lieu of condemnution.cue hereby essigned and
<br /> = xhall be paid to I.cndcr.
<br /> In tha ovent af n total tttking of tho Property. tho pmcecds ahull be npplfcd to tho auma secured by thia Secutity
<br /> Inatrument.whether or nat then due,with uny oxcexx pntd to Borrower. In the event of u psutial taking of the Property in
<br /> �� which the fair muricet vulue of tfic t'raperty imtttediasely before the taking is cquol to or II�enter than the amount of the sums �_ _.
<br /> � � ceci�red by t�ia Secu�ity in�:trument {mmediately beforc the tnking,unlesa Borrower and Lender otherwise ugree in writing, L _ �
<br /> th�sums xecured by thiti Secu�iry [nstrument shnU be rcduced by the amount of the proccais multiplled by tho following - ----
<br /> .�. - fcaction: (a)the taml umount of the xuma secu�+ed immedfately before the tnking.divided by(b)the fair market vnlue of thu
<br /> - PropeRy immedintcly bcfam thc tuking. Any balunce Rhall be pnid to Borrower. In the event of a pardul taking of the
<br />= Property tn whlch the falr murket vnluc af the Property immed[atcly before the taking ia less than the umount of the eums
<br /> �• .'«�, �ecured immediately before thc taktng, unlNaq B�rrower and Lender otherwi�se agrec in writing or untess appiicable lnw _ _
<br /> ,� ' othenvise provldes,the proceeds ehull be applied to the sums sc:cumd by thi�Secudty Instrument whether or not the sums are
<br /> ����.., .-�.,.k��� then due. — - --
<br /> ;;�:����t� If the Property is abandoned by Borrower.or if.After notice by Lender to Sorrower that the condemnor offe�s to make �._
<br /> h ;a 7:�:���,;�';.:,; nn award or settle u clalm for durtiuges,Borrower failR ta respond ta Lender wtthin 30 days after the dute the notice is given, _____
<br /> '`' � ' Lender is nuthorized to callect nnd opply the proceeds,at its optton.either to restoration or repuir of the Pmperty ot to the
<br />,� =�'::�,: '�'�• `�=':'� , suma secured by this Security Inauument,whether or not then due. =��
<br /> �• :u'�- � �� . � Unless Gender and Borrower otherwtse ngree in writing, nny application of proceeds to principal shall not extend or _ _
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<br /> �`., .,,,,. �,,� postpono the due date of the monthly pnyments referred to in pnrugrnp a I and 2 or change the umount of such payments. �-..�_
<br /> t,;,,� � : :�,� � 11. Borrower Not Released; Forbearance By Lender NoR a Waiver. Fxtension of the time for payment or �=��
<br /> _�_ _ .__°__�_:�,L madificuttun of anoiTizatlan of thc sums securcd by thia Secudry lnatrument grnnted by I..ender to nay successor in interest •.,; 4` , -_
<br /> � , ,; �• of Horrower shoil not operutr iu�Cleose the S{abiltty of the origlnul Borto�+�er or Bortowerk successors in interest.Lender
<br /> � � shati not be required to commence praceedtngs against any successor In intecest or refuse to extend time for payment or „_ - -
<br /> � �. I otherwise mndify amortizution of tt�e sums secured by this Security Instrument by reason of any demand made by the origina! ��_�_
<br /> Borrower or Horrower's successors in interest. Any forbearance by Lender in exercising any right or remedy shall nat be a �_-�__
<br /> • waiver of or preclude the exerctse of any right or remedy. .•.+:,;: ._�-
<br /> �`"''� � 12. Successors and Assigns Bound;doint and Several Liabiltty;Casigners. The covenants and a reemen�.c of this ;�;:,,•.,..;
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<br /> ' Security Instrument shall bind and benefit the successon and ussigns of Lender and Harrower,subJect to the proviaians of .;�:;';,__..�_.�
<br /> " puragruph l7. Borrower's covenants and ugreamen�s shali be jaint and several.Any Barrower who co-signs this Security , •�*��r-•-
<br /> Inatrument but does nat execute the Note: (a)is co-si�ning this Security Inst[ument only to mortgage,grant and convey that t '�
<br /> ...:,:: .��.��
<br /> '�;� ;,.: ' �'`'` Borrowcrt interest in the Praperty under thc terms of this Securfry Insuument; (bj is not pecsonaUy obligated to pay the sums __
<br /> ' "• ' secured by this Security Instrument;and(c)agrees that Lender and any other Bonower may agree ta extend,modify,forbear �
<br /> � ..., •��
<br /> ' or make any uccommodntion�with regurd to the terms of this Security Instrument or the Note without that Borrower's ����
<br /> ,.- � consent. ••• -
<br /> � 13. I.oan Charges. If the loan secured by this Security Instrument is subject to a luw which sets maximum loan •- . .
<br /> ', churges,and that taw is tinally interpreted so that the interest or ather loun chnrges collected or to be collected in connection ••
<br /> •• � ! with thc loan exceed the permltted limits,then: (a)uny�uch lonn charge shall be mduced by the amount necessary to reduce � �
<br /> • the chur�e to the pertnitted limir,und lb)any sums ulreudy coilected from Borrower which excecded pormitted IimiGs will be ��
<br /> "' refunded to Bonower. Lender muy ch�x�xc to mukc this refund by reducing the principa�owed undcr the Note ur by muking a
<br /> � �� direct puyment to i3orrower. If u refund rrdurc,principut,th�rcduction will bc treuted us ii pnniad prcpuyment withuut uny __ ��
<br /> prcpayment churgc un�kr thc Notc. �'' .
<br /> , 14. Notices. Any naticc tu Burruwcr provided fur in thi.Security In,trument�hull tx given by dclivcring it nr by Y j
<br /> muiling it hy Cir+t cl:i++mail unie,s upplicaMe iciw rcquirc�u+e ul'unuther mrthrnf.Thc m�tire.hutl be Jlrected to the Property � ,
<br /> .. Addrcxs ar+►ny uthcr ad�irc�� Surrowcr dc�ignutr�My n��ticc to l.cndrr. Any noticc to Lcndcr shull hc givcn by firtit rluss ';+�,
<br /> ' mail tu[.ender�uddre�+tituted herein ur i+ny uther uddreti.r LenJer dc+ignute+by nutice tci Borcuwer. Any nutice provtded fi+r �. }
<br /> in this Security In+irument tihall lx dcemed to huve been givrn tu Burrower ur Lender whcn given u. providcd in thi+ ..;.�,� �
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<br /> P B1S 4overninp� L�w;Severability. Thi. Security Intitrument .hull tx guvcrncd by Tederul luw und thc law of ttte /r.r'�
<br /> jurisdtction in which the Pn�peny is la:uted. ln the�vent thut any provi.ion or clausr nf thi,Security lnstrument or the Note �7f>�'•'•�'' #
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<br /> � conflicts with upplicuble laa•. �unc�ont7ict tihull not uffect othcr provi,ion,oT thi�Security In.trument or the N�te which can ;
<br /> " � be givcn effect w�thom �hc runliicliug protii,ion. To thix cnd the pro�-ixion+of thi+Scrurity instn�ment nnd the Note urc � _ .-.___-_r',_
<br /> declnced to be,everuble. � •
<br /> • Ib. Borrower's Copv. Borrowcr ahall be given une confumicd copy uf the Ncite und of this Securiry in�tn�ment. _
<br /> . 17. 7lransPer of the Property cir u Beneficial Interest in Rorrower. !f ull or uny pun of the Pivperty ar any interest in .;,�
<br /> ic is,old or transferred(or if a tx:nefiriul inure.t in Borrower i..��Id or trun+fcrred and Bonower is not a natural penon> . ��
<br /> • � withaut Lender's priur written conxent, l.�nder muy,ut itti c�pti�m.reyuire immrJiate payment in full of uU sums ,ecumd by i : �, ;
<br /> . this Sccurity Intitrument. Howevcr,this uptiun�hall not tx excrri,cd hy L.cndrr if rxerciu is prohibited by federul Inw as of . �.
<br /> the dute of thiti Security Instrument. •
<br /> ` If Lendcr exercises thi+opticin.Lendcr xhull give Borrower noticc of uccclerution. Thc notice+hall pmvidc a perial of
<br /> not Iess thun 30 duy,fmm th�dute the noticc i.delivcmd or mailcJ within which Burrowrr mutit puy all sums+ecured by this ��
<br /> � Security Intitrume�it. If Borrower fail. to pay the�c �um.prior to the rxpir:+tion of thi.periad, l.ender may invoke uny � �
<br /> mmedics pern�itted by�hi.Security In.trument without funhrr notire or drmanJ on Bnrru�vcr. � "
<br /> . IS. Borrower's[Li�ht to Relnstate. If �urrowrr mretti crrtuin r�mdition.. Burruwer shall havc the right tu huve �
<br /> ; ., cnforcemcnt of thi. Sccuriry [n+trumcnt di.continurd c►t un�•timc prior to thr rnrlirr ot': �a) 5 Juy�Ior such othcr�riod aY �
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