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<br /> �~'"�'y'5�i�, _, , candemnutiaa or olher tuking of any pAet of the A�raperty�ur fpr conveyuncc in licu c�f cnnde�nn��tiui�.c�re Uer�by u�;::ipttc�l c!ncl =----- --
<br /> 1 chn11 be paic!tu l.endse.
<br /> --�"`.`'-''��� - ln tha cvcnt of n tatal tnkinB af t4o I�roperty, thc prcxccda ehnit hv ap>>lfcd tc►tha r,umA naurcei by lhi� Sc�u�ity �.�.�__
<br /> Inytrument,whcthcr or nc�t then duv,with uny exccss pnid ta Darn►wcr. In thc evcnt of i�partinl tukhig oP thc Pr�eety In
<br /> -,�.a,.�,:.•,. .•' cvhlch�hc fatr nxuket vntuo of the Property imincdicaely bcfa�thp tnking is eyuc��co ar g�cntcr t�an thc nmount of tt�c�uma
<br /> `' •. . • accured hy�hEa Sccudty Inxtrumem Immedtatety befar�the tnking,unless Borrawer anA Lender atherwlRO agrco in wrlting.
<br /> • il�a�ums:�rcuer.d by thls 3ecutity lnvimment r,hnll be redacrd by the umount of th.p7uceeds multiplieA b tha foltow3nB �-r:,:.:.,___
<br /> ... L—_�_`_--- ,_.-.:-
<br /> ''� fcuction: (u)the totnl nmount of the a�tms aecured imreiediatel i�fom dte tahin�.dlvid:d by(b)the fair mur et vulus uf�ir __
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<br />- �. � Property irnmsdiately befote the ta�icing. Any balunce shal! pald to Rorrower. !n the event of a partial tnklns of the
<br /> - ., .- -_,_ .,.�...
<br /> Property in wh3ch the fnir market vulae of the Property Immedimtely befoxe the taking is less than th�nmount oS the sums -----_---
<br /> secuved tmmedIately befare the takin�,unless Borrower and l.ender oihemise ogree in writIng or uritess appiicahlc tau _i_-.__--
<br /> ' othenvise provIdes,the procceds shall be applied ro the sums secured by this Security Inswment whether or not the sums ure �.u,:��;�_-
<br /> �'�._.
<br /> � then due. �`��='�==--
<br /> If the Pcoperty is abu�doned by Homower.or if,after nodce by Lender to 8orrower that the condemnar offers to make ,;�.��_-__=___--
<br /> an aword or settle a claim for damages,Barrowar fails to respond to Lender within 30 dnys after the dat�the nodce is given. �����_'^
<br /> Lender is authorized to wllect and apply the prnceeds,at Its option,etther w rescoration or repair of the PropaRy or to the �.�,r-
<br /> sums secured by this Security Insuumen�whether or not then due. �=�--
<br /> Unless Lender arnd Borrower otherwise agree in wricing.nnY applicution of proceede to principal shall not ex�end or -������� •
<br /> ,�_r_�s -- _.
<br /> p o s t p o n e t h e d u e date of the monthl y pa yments refemed to in paragraphs 1 and 2 or change the amount of suth payments. �. ;�i��._
<br /> 11. Borroaer Not Iteleased; Forbearance By Lender No3 a W�iver. &x t ensio n o f t h e t i m e f o r p a y m e n t o r ��%.•�!_��•�•�-_=_�-�`
<br /> modification of amortization of the sums secuned by this Security Instntment granted by Lender to any successor in interest �-�--�,t,-�_�___
<br /> s " Y-!;i._:-
<br /> � ' of Borrower shall not operate to retease the tiabiGty of the original Borrower or Boirowers successors in interest Lender ...• ...
<br /> shutl not be required w commence proceedings against any successor in interest or refuse to extend time for payment or � •�;;;�;�,'-_�_
<br /> othervvise modify amortization af the sums secured by this Security Instrument by reason of any demund made by the original a��a��`.�;:,°
<br /> • 8omower or Borrower's successors in interest. Any forbearance by L.ender in execcising any right ar remedy shall not be a t•"�,.';��' �:�=-w=.
<br /> ��Ta.�.,`�i ---
<br /> waiverof or preclude the exercise of any right ar remedy. w `
<br /> � 12. Successors and Asslgns Bound;,Yoi�t and Severa!Liabtii4y;L'asigners. The covengnts und agneements of this :?'+�.�r:
<br /> ���ti�, =-
<br /> ��;;;y. Securiry Inswment shall bind and benefit the successors and assigns of Lender and Borrower,subject to the provisions of '��,��, .
<br /> ' pt�ragraph 17. Borrower's covenanu and agreemen�g�hall be joint and several.Any Bortower who co-signs this 5ecurity �^�3h;:,�,��-,
<br /> `�������•' ' lnsnument but dces not execute the Note: (a)is co-si nin this Securi Instrument onl to mort a e, rant and conve that ,��,:%i�;+'.`'�'
<br /> �if,, g S tY Y g g g Y .,�.,.:..
<br /> ' Borrower�s interest in the Property undcr the terms of this Securit Inswment; (b)is not personally obli�ated to pay the aums ':lr;�>":�'�r
<br /> y �,��-.
<br /> � � secured by this Security Instrument;and(c)ugrees that Lender and any other Borrower may agree to extend,modify,forbear �'l,- ,,,�.,°�;.
<br /> -t. or make any accommodations with regard to the terms of this Security Qnscrument or the Note without thut Borrower's `,;:,�;`',�:r.���•-
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<br /> �';i+'"'�;,: 13. i.oan Char�es. If the loan secured by this Jecunry tnstrument is subjce:t t�a tau which :�cis my:imum l�ass ..;���..,i:•
<br /> � `' charges,and that law is finaily interpmted so that the interest or other loan charges coflected or to be collected in connectien �• q
<br /> ' ' ''•<:;..
<br /> wlth the loan exceed the permitted limits,then: (u)any such loan chazge shall be reduced by the amaunt necessary to reduce •. •i.��,
<br /> the charge to the permitted limit: und(b)any sums ulready collected fram Barrower which exceeded perntitted limits will be :1�
<br /> refunded to Borrower. Lender muy chaose to make this nefund by mducing the principal owed under the Note or by making a ' ,. ,'''"`
<br /> • direct payment to Bom�wer. If a mfund reduces principal.the reduction wip 6e treated a�a partiul pr�epayment without any � . ;
<br /> pmpayment charge under the Natc.
<br /> 14. Notic�s. Any noticc to Borrower provided for in this Securiry Instrument shull be given by delivcring it or by "_�-
<br /> mailing it by fint cluss mail unle�ti applicable luw rcyuire+use of unother method.The notice shall be directed to the Property
<br /> Addmxx or any other addre�ti Burrower Je+ignateti by notice to Lender. Any nutice to Lender�hall be given by fint cla.cs
<br /> mail to Lendcr's nddres�statcd hrrein or any other uddrc+�Lendcr de,ignute.by notire to Borrowcr. Any notire provided for �-
<br /> in this Securiry lnstrument �hall tx dremrd to havr been givrn tu Borrower or Lcnder when given as providcd in this � �•-
<br /> pazngraph. ''''��'_.
<br /> IS. (:overning I.aw: Severubllity. Thi+ Security In.trument �hall tm govemcd hy fedcral law and the law of the •s�_
<br /> jurisdiction in which the Pmperty ix Icxated. !n the event tbat any provi�ion or clau.r��f thi+Security Enstntment or thr Note '�.
<br /> conflicts with applicab!e luw,such mnflict shall not affert other provitiiom of thi�Sec:urity Instcument or the Note which can
<br /> r•:,r
<br /> be given effcct withaut the cont7irting provitiion. Ti�thi+rnd the pruvi�icinti of thi.Securicy ln.trument and thc Notc are �' ��'�:
<br /> dectured to be severable. '
<br /> 16. Borruwer's Cnpy. Borrower.hall tk givcn�mc conformcd re�py of the Nutc a�td of thi+Security lnstcument. ,__
<br /> 1T. 'II}aosfer of the Praperty or a P�eneficial Intere�t in Borrower. If all ur any purt ot'the Pro(►erty or any interest in
<br /> it is sold or transferted (or if a lxneficial intrrcxt in Borniucr i,+old or tramtcrrcd and Borroacr i, not a natural penon) I .
<br /> without Lender s prior writtcn c�.ment.Lender muY.at it.option,rcyuire immedi:tte paymrnt in full of all sums secured b�• � ' ••
<br /> this Security Instrument. Hoar�•�r,thi+nption�hall nut he rxcrri.cd b� Lrnder if rarrri.e i.proh�bned b��federal law as of r
<br /> the date of this Security In�trum.nt. ( ,
<br /> !f Lender exercities this optiem.Lender tihall give Borro��•rr notice uf accrlrrati��n. l'hr nutire�hall provide a period of i
<br /> , not le:;s than 30 dayti from the datr thc notice i�delivcrcd or mailyd w•ithin u•hirh Burru�vrr mu.t pay ull.ums ucurcd by thiti i
<br /> � Securiry in,trumcnt. If Bortower fail+ ta pay thrx xum� priur tu tfie expir.ttion of thi+ pericxl. Lcnder may invoke any �
<br /> remedies(xrmitted by thi�Sccurity In.tn�mrnt without furthrr notice c�r demand uii Eii�rro��er. I
<br /> 18. $orrowet''s Right to [teinstaQe. (f Borro�+rr mert. crrtuin c��ndition�. Be�rcu��rr �hall huve the right to hare
<br /> enforctment of thiti S�curity In,trument diunntinurd at any�umr pric�r to thr r:rclirr of: 1:�1 S J:i)�u�r�urh e�Ihrr pericxl a�
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