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<br /> _ --�_=�.� 9�'° �0204'7 _ .__
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<br /> - - condemnatIon or oiher taQing of any part of the Property.or for conveyance In lieu af condemnutton,arc hereby asslgned und =-=
<br />__ ehall be puid to Lender.
<br /> In the event of u mtal taking af the Pcaperty.the proceeda sha1S 6e applied to tha suma secured by this Securtty
<br /> - o e Pro rt in
<br /> w r In the
<br /> event of a artial takin f th
<br /> or not then due with an exceas aid to Borru e. 8 Pe Y
<br /> whethsr P
<br /> Insm�men .
<br /> ti Y P
<br /> - whtch the fair market vulue of the Property immedintely bofore the taking!R cqunl to or greuter than the umount of the sums
<br /> ... -:�-.�.
<br /> -- --D;,��`, � �- secured by this SecurEty Instrumcnt immedInuly hefore ehe takIns.unleas Borrower and Lender othenvise asree In wrlting.
<br /> _ a�...s:�d:..;±`�;`-- the sums secured by thiR Secudty Inswment shnll be reduced by the umount of the proceeds multiplied by the follcwing ,�
<br /> ; ' frnction: (u)the totnl omount af the sums secured immedfately beforo the taking,divided by(b)tho fair mnrket v�tue of the ` _"`
<br />_ ; ,�,,,,;�;,� Property immedfutely before the tnking. Any bnlance shaU bc paid to Boriowe�. In the ovent af a partial taking of the
<br /> ••:� ..,;.-�,,:.,,�:.. Ptopetty in which the fair market value of the Propetty immedietcly befu�c the taking ix lesr thun thc nmount of thc xuma
<br /> :*t'� ,.s, , '.'J� �;ecured immediately beforc thr tuking. unles�► Barmwcr and L.ender atherwir,c ugrca in writing ar unless npplicable law
<br /> • atherwise provides.thc pcocceds shull be applied to the sums�ecured by thfx Security Inwtrumcnt whether or not the euma ure
<br /> • �� 'n ., thendue.
<br /> " i �' '� � ' If thc Pr�peny is ub:mdaned by Barn�wcr,ar if,uitcr nutire by l.ender ta Bonnwcr thut the condemnar affcn►ta mnke
<br /> "� � nn uwurd ar xettlQ u rluim for dum+►gex,Bnrrnwer fuilx ta rc�pand ta l.ender wichin 3t)duys ufler th¢dute tho notice 1�given, -
<br /> �''� �� .� l.cnder iK uutifor{zcd tu cullect imd upply the proc:eedx,ut lts optian,cithcr te�mwtarutian��r repuir��f the Pruperty or ta the
<br /> I Kumx xecurcd by this Sccurlty 6ir;trument,whcther or not then due.
<br /> ' �� UnleKx l.cndc�unJ 8nrn►wer i�therwir:c agrce in writing.uny application of proceeds to principul shull not extend or
<br /> ' � � postpane thc duc diete ot the mo�ithly puymentx n:foRCd ta in purn�ri►phx 1 and 2 or chungc the umount of such payments.
<br /> � - 11. Har�owe� Not Releatiedt �orbeprunce By I.ende� Not a Wuiver. Extcnnian of thc timc for pnyment or —
<br /> � madlficutian of umaRiiution of Ihe sumw xecured by thjti 5ecurlty lnxtrument gmnted by Lender to any successor in intetest
<br /> �-� "� ° �f Borrower r.huN nat aperutc ta relea+e the tiabllity of the originul Horrowcr or Bonowcrk succesconc in intereyt. I.cnder �,`._ �
<br /> ��
<br /> _
<br /> `_ F_-_.__ __._ shull not tx requircd to commence proceedinRs u�aimt any succe,sor i�lnterest or nfuse to extend time for payment or �^!�:-.
<br /> f 4 , �� athcrwise maiify umarti�.utian af thc aume secured by this Sccurlty Instrument by rcuson af any demund mude by the original r
<br /> , �� . Borrower or Borrower',xurcestion in interest. Any forlx:urunce by Lender in exercisin�any r�gM�r remedy shall not be a �}%.: _—
<br /> •� • waivcr af ar prccludc thc exenise of uny dght or remedy. .� �J
<br /> d� !2. Successors and A�.gt�ns Boundt Joint and Several Liability;Caslgners. The covennnts und ugreemenis of thir. ?:,'�'�
<br /> - Security Instrument shull bind und benefit the successors and a.ssign.r•of Lender und Barrower,subject to the provisians of ;.
<br /> pazngrnph 17. 8ormwerk covenunts and u�reements shull be joint and severul. Any Borrower who co-signs this Security ��. Q,
<br /> � Insuument but does not execute the Note: (u)is casigning this Security lnstrument only to mon�age,gmnt and convey that ... � �—
<br /> . . Borrower s interest in thc Property under the termc af this Security Instrument; (b)is not penonuliy obli�uted ta pay the sumc
<br /> ` " secured by tbis Securlty lnstrumenr und(c>ugrees that L.cndcr and uny othcr Borrowcr mny agree ta extcnd,modify,forbear � .--- _ __
<br /> � ur make uny uccommafations with regard to the term,of thix Security instrument or the Note without that Borrower?� ' .� ,
<br /> consent.
<br />- - --- I3. Luan Cha��,w, ii ti�e iuun ,cw:u�Cd by tiii, Sn:urity lij:trurnent is subjcct to a !aw v:hich :;ets maximum losts — . — �
<br /> . charges,und that luw is finully Interpreted so that the intemst or other laun churges coll�cted or to be collected in connection •
<br /> ' with the loan exceed the permitted limitti,then: (a)uny such loan charge xhull be reduced by the umount necessnry to reduce .. ,
<br /> � the chnrge to the peanitted limit;und(b)nny sums ulreudy collected from Borrower which exceeded permitted limits wlq be ;.
<br /> refunded to Borrower. I.ender may chooxc ta make this refund by reducing thc principat owed undcr the Note or by muking a '`•��y
<br /> dircet payment to Borrower. lf u refund rcduces principul,the mduction will be treated u+u paniul prepayment without uny
<br /> - ,...-- - .• ---.-.....- �mpayment chnrec undcr thc Notc. '4 .•
<br /> .. . ._
<br /> " . 14. NoticeA. Any nattce to Borrower provided for in this Security Imtrument shali be given by delivering it or by '''�,�,�'
<br /> muiling it by first clatix muil unlcss upplicuble luw rcyuirc+use of unother methcx1.The notice shull be directed to the PropeRy
<br /> Address or uny other uddmsti 9orrower designuteti by notice to Lender. Any notice to Lcndcr shup be�iven by frst cluss ,�;"
<br /> . mail to Lender's address sti�ted hercin or uny othcr addrcss Lendcr de�ignuteti by noticc to Bnrrower. Any noticc provided for ' ,
<br /> in this Sccurfry Instrumcnt xhull hc dccmed to have ixen given to Borrower or Lender when given us provided in this , �•. '
<br /> p�g�ph � ,.,,.� �D�,
<br /> . 1S. Governing I.a�v; Severability. Thi� Security In�trumrnt +hull bc govemed by fedcrul law and thc luw of the ,',•���'"�'�,
<br /> �� jurisdiction in whieh the Property is lcxuted. In the event thut uny provision or cluu,r of thiti Srrurity Imtrument or the Note : �% � 4-
<br /> ; conflicts with upplicublc law,,uch conflict shull not uffrct other provitiiom uf'thiti Sccurity Imtrument or thc Notc which can =
<br /> be given effect without the conflicting pro�•i,ion. Ti�thiti end thc pn�vitiiom ot'thi. Scrurity In�trument und the Nore ure • �``
<br /> . declured to he xeverublc. . .... ,,;,r�-
<br /> 16. Borrower's Copy. Bottuwer+hall be given one contimned cupy nf the Nute i+nd uf Ihi+Serurity Instrument. „ .
<br /> 17. 7lransFer of the Propertv or a Bene8clal Inte�est In Rc�rrower. If ulI or uny part of ihr Pr�iperty o�any intcrest in I .y`.��'-,
<br /> � it is,old or truntif'eRCd lor if a fxnrficinl intcrc,t in Borr��wrr is uild c�r tran+l'erred tmd Kurrowcr i,not u nuturul penonl � -,
<br /> . without Lcnder�prior wriuen coment, L.endcr may,at it+option, rcyuirr immcdiute puyment in full uf uU zums xecured by
<br /> � � this Security instrument. H�iwevcr,this o ption.hall nut Ix cxcrci�rd hy Lendrr if rxerci+e i.prohil�ited by fedcrnl luw ax of � , ,�',
<br /> . ' the dute of this Security lnstn�mcnt. � �•
<br /> „ If l.ender rxcrcitics this optiun.Lendcr shull give Borrowrr no�icc of urccicr.ui�m. Thc noticc,hall pruvide a�ri�xi of I -
<br /> � not Icsz thun 30 duyx from thc datc thc nuticc i.drlivcrcd or muilyd within which E3urru��rr mu�t pny:dl xum++ccumd by thix • n'
<br /> 5ecurity In�trument. If Bormwer fail, to pay thetic,um. prior tu thr �xpiration uF thi, Enri��d. I.rnJrr m.�y invc�kc uny
<br /> remcdics permitted by thi�Security In.rtrument without Tunhcr nuticc ur demand un Eiurrowrr. :
<br /> 18. Borrower's Ri�ht to Iteinstate. lf Aorrowcr mcrt. rcrtain conditinn�. B��rrowcr .hall huvc thr right to huvc :
<br /> i � cnforcement of thi.Security Instrument discontinurd iit uny tin:e prior to thr earlicr��f: �:U 5 day.t�ir such cnhrr peri�xf a. }
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