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<br /> -: _�.,�:rt=�:�� 94.��,a�� ______-
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<br /> �-_ ..�,:;� condemnntion or other[aking of cu►y pt��t of thq F'mp:.rty.or for conveyanse In li�u af c�ndemnntion,une hereby nsslg[tcd and ��� __ ___
<br /> ��..�,t� ,rY• ehutl 6e paid ro I.cnder. �"":'"�r �
<br /> In ttie event af a total tnking of thc ProJ+�ny, thn pmceeda shnit be applied ta the Rums szcured by this Securlry �"-'�=:y-
<br /> { `''"� 7 ��'�"�' Instrument,whcthcr or�at then due,with uny cxcews puid to 8orrower. In the event of'tu paninl tnking of the Property tn '"�`"'�` �-�
<br /> �_. ,�;.��:�.:� .w�'' which the fuir mc�rket vnlue af thc Propeety immc;iiutely befare the tuking ta equid m ar greatcr thun tho amount pf tho sums �'��=-_�----
<br /> '��`�`�"'�'��- secured by this Sccurlty lnfitrument immediutely befom the takiag,unlexw Bornower an d l.ert der ot herw ir+c+agree In writMg, �-��,_
<br /> �.. " � �i che sums scrumd by this Serurity Insln�ment�hnll he reduced by the nmount of the proceedx multiplicd by the folluwln `�'�.',:'�"-�='°- .
<br /> g �— � _ - - -
<br /> ' fractlan: (u)the toml amuunt of the sums secumd immediutely befom the taking,divided by(b)the fuir murket vnlue of tho '--"_�'�---
<br /> �,',:_':. � ,ti? —=--
<br /> � -, Property immediutely h�fare the talcing. Any balunce shaU be paid to Borrower. In the event of a psutiul taking of the
<br /> • � � ' Property in which the fnir murket value of the Property immediately before the tuking is less thun 1hN anount of the sum� Rs:=--
<br /> � secured immediutet before the tAkin , unte�:s aarmwer nnd Leitder othcrwisc a in tirdtin ar uitless a licnbte Inw �'-�- _ __
<br /> Y 8 8� S PP ��.::��,— _
<br /> otherwtse provides,the prnceeds shall be applled to the sums s�cured by this Security Instrument whether or not the sums ure .•� �,:F;�_�__�--
<br /> � ,� then due. ;:;::�,�„a�°°_�---_--
<br /> if the Propurty is ab:►ndoned by Borrotver,or if,aRer natice by Lender to Borrower that the conc�emnor offers to make ' :'�-�=—_==____=--
<br /> n�awurd or settlo n cluim for dama�es.Borrower fails to respond ta Le�der within 30 duys ufter the dute the notice is give�, ,�° ,:+�,';_
<br /> .. �" L.ender is uuthorl•rxd ta coltec�and uppiy the proceeda,At its option,either to restoration or repair of the Praperty or to the �;',�� -
<br /> sums secured by this Security Instn�ment,�vhether or not then due. �'r,
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<br /> . Unle�s Lender and Borrov,rer ot[renvise o�ree in writin�,any applicution ot praceeds to princtpal Fhall not csxtend or �;-;;ti----
<br /> . . l v o s D o Y P�Y P S P : g P Y �'''.�`,�._.-
<br /> t rte ahe due dute of the enanehl a enents referred to in urn rn hti 1 and 2 or c�:v� r the amount af such a ments. • � ,,�:�
<br /> IlIl. l��rower Not Ili2Ez�: IFa�rarance By Lender Not a WaEver. Excension of the time for payaeent or ' ' ��„K:,,:YF;.�.:.•-
<br /> .�.... .. �,:,�._-.
<br /> ` modifccacion of amortization of ehe sums secured by this Security Instrument granted by Lender to siny successor in interest �. i_-=__
<br /> „ of Borrower shalt not operate to retease the 1'eabifity of the originut Burrower ar Bonower�successors ice intere.+t.l.ertaer t.•� - _
<br /> �� shall aoi be mquired ta commertce Qroceedin�s against uny suceessor in interest or refuse to extend time for p•rymertt or �
<br /> ' othenvise rt�odify amortization of ihe sums secu�ed by this Security Instnunent by rea�on of any Qemand inade by the original ..-
<br /> ' ' Borrower or Borrower's successan in interest. Any forbearartce by Lender in�xenisi��:u►y righ�t or temedy shall not b�a ' �-
<br /> �
<br /> , ,. waiver of or preclude the exercise of amy right or�medy. �
<br /> : .�. " � " ' 12. Saurcessors aa�c9 Ascigns�au�d;Jolnt and Several Q.iaRc80irtg;C�-s6�e�eus. The covenanu and agreements of tQiis � , _,-
<br /> Security Instcument shati bind and benefit the successors and assigns of Lertder and Borrower,subject to the provisions of � . 4��-��
<br /> , paragraph 17. Borro�.�rr:covenants and agreemenGS shall be joinY artd several. Any Borrower who casigns this Security + " -
<br /> �r� • Instnrment but dcex not execute the Note: (a)is co-signing this Security Instrument only to mortgage,grant and convey that ,• :-
<br /> Borrower�interest in the Property under the terms of this Security➢eestniment; (b)is not personally obligated to pay the sums s• .
<br /> " secured by this Security Instrument;and(c)agrecs that Lender and any ather Borrower may agree to extend,modify,forbear
<br /> .'.,,� , or make uny uccommodatiom with regard to the terms of this Securiry Insuument or the Note without that Borrower's j :
<br /> _'_'..,---.-.-_--. consent. , ,
<br /> `���� � 13. Loan Charges. If the loan secured by this Security Instrument is subject to a taw wh�ch sets maximum ioan ` "
<br /> - a
<br /> ?:�•a�r" � •:.:,,,, charges,and that law is finally interpreted so that the interest or other loan charges collected or to be collected i�connection � y y
<br /> �.`, � �:,��. '�;; with the loan exceed the permitted limits,then: fu)any such loan churge shall be reduced by the amnunt necessary to reduce y
<br /> �'� F' • r'��!'�,�: •`" the char e to the rmitted limit;and(b)an sums alread collected from Borrower which exceeded pertnitted limits will Qm � :•,,w;�,•"
<br /> �-r`�`' ' '��""` refunded to Borrower. Lender ma choose to make�his re und b reducin the rinci al owed un�ler the Note or b makin a '
<br /> - Y Y 8 P P Y $ r..:
<br /> direct payment to Borrower. If n refund mduces principal,the reduction will be errated as a partial prepayment without any '•^„^ �-4 �
<br /> ���.,. ' , prepuyment charge under the Note. t' ' '
<br /> " 14. Not(ces. Any notice to Borrower provided for in this Securiry Instrument shall be given by delivering it or by p��f
<br /> mailing it by 6nt class muil unless applicaPle law requices uu af another method.'I'he notice s ha l l b e direct e d to t he P t ope Ry � �� � f l`.,,p'"'
<br /> Address or any other address BoRawer dexignate+by notire to Lender. Any notice to Lender shall be given by first class ��',
<br /> � mail to Lender's address xtated herein or any other uddress Lender designates by notice to Borrowcr. Any notice provided for
<br /> " '. in this Security Instrument �hall be decmed to havr been given to Borrower or Lender when given us provided in this � ��
<br /> „ paragraph. f
<br /> � °. ' ;. 15. Governing Law: Se�•erability. Thix Security ln.trument .rhaU bc govemed by federal I�w and the law of the �� '/�'
<br /> `�7� �� '�,r!;°r;. jurisdiction in which the Property ir located. !n the event that any provision or cinuse af this Security Instrument or the Note s�� �
<br /> � ;,., ` conflicts with applicable law,such conflict tihall not affect other pro�isions of thiti Securit�•Instrccr.rtient or the Note which can
<br /> ' ���'`�`"� be given effect without the conflirting provi�ion. To this end the provi.ion�oT this Security Ins�rument and the Nate.me
<br /> •t.r::,.:•��;
<br /> :',�f,� ;�+•tt� declazed to be severable.
<br /> , . lti. Borrower's Copy. Borrower tihall be giver one confomied copy of thc:��re and uf this Security dntier.u;nznt.
<br /> • 17. 'IYansfer of the Propertv ur a Beneficia�l��terest in Rorrower. If uJl or Any part of the Property or:iny interesc in • " _: .
<br /> it is.nlu �r transferred(or if•r beneficial interest in Borrower i� sold or transferred and Bortower is not a natural pec�4�r.� �
<br /> with�st C.ender's•prior written comen�,LrnJer ma�,a� its oplivr„ r;quire immediate payment in full of all sums secure�r+ , •
<br /> �• Ihis Securiry instrunient. ttouever,thi,option sh,�li iaa:hr exercised hy Lender if exercise is prohihited by fedea►1 luw os of i
<br /> '. '�;� the date of thit Security Instrument. . .
<br /> • • ` If Lender exe[rise�this option.Lender sh.�it�_i��Borrowrr n��tire of ucceleration. The notice�hall pre�i3r a period of I
<br /> , :,;�,:';'.''; not les+than 30 dayti fmm the datc the na:ire i�dclivered or mailed aithinµ•i�ich$orrower mu�t pay all xurn.�eeured by this �
<br /> '�' -��.`�.;�1 Securit Instrument. If Borrower (aet> to a these sums rinr tn the ex iralion of thi. eriud. Lendrr ma invoke un �
<br /> ��. ,;, . Y P'Y P P P Y Y � ,.
<br /> • •'•��. : ,. remedie.permitted by this Serurit} !n;«vment without funher�iotice or drmand on Borrower. . .
<br /> '' !'�`<." � 18. Borrow•er's Ri�;ht to Reit�s4ate. If Bortowcr mret� �ertain ronditinm. Borcok�rr +hall huve the right to have j �'•;,�,,;
<br /> ';,���. : ' enfonemem of thi+Scrurit}•tmtrument disre>nti�ued at any timc prior to t;:e ca-lier of`. (a)S day�lor such nther period as !� ;�;,
<br /> °�;. . - . ,,, ., .
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