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<br /> _ condemnation or other talcing of any pnrt of thc Property.or for convcyanco in ltcu of cun cmnution,asa hzrcby assigned und
<br /> �::�;;�'",�;�I shall ba p�id to Lender.
<br /> '-`��*"�, In the event of o total mhing of tho Pfroperty, tho pracced�ehnil ho nppllc�f to thc aum»w�curcd by this Security
<br /> .T.-'�'w�'��i Instnimcr►t,whcthcr or nat then due.�Ith sny exce9s pald tn Qarrawct. In�l�a ovspt nf E�pa�tiel u►king of the Pr�perty in �---- - --.
<br /> �.'���,�:���I which the fnir market value of the Ptoperty immedintely befaro tho tqkiog ix cqunl tti ur grcutcr thmn tiic emount of tho sums �
<br /> -;,��;�:�:-.�� secured by thl�Secudty Instrument irrtmedlutely beforo the tuking,unicaw Hurri�wer►�nd l.cnAer athcrwise ngre8 in writing,
<br /> '� the sums�ecured by thie 5ecudty Iristn�mem shnll ho mduced hy tho amnunt uf Ihe 1tt��:cedx muld�nlled by ttta following
<br /> F��; A ! ��x�" � fraction: (a)the total amount of the sums secured lmmediutcly t+efaro�he taklno.dlvldcd by(b)ttro fcdr mnr�cet valne of the
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<br /> .....,; Propecty immediutely before the taktng. Any bulancc shail tw �u�td to 1lorrnwrr. In tho uvcnt af u partinl ta[c[ns of the
<br /> Property in which the fair market vulue of the Property immcdii�tcly tmfi�ro Iho inking 1»IcKx thun tho umount oi'ehe sums
<br /> _..-. .-:.-__-., secured immediately before the taking, unless Hortower nnd i.cnde�u�ttcnviKO a�rco I�� wtiNng or unless apptEcabte law ___
<br /> otherwlse provides,the proceeds shall ae appiled to the suma tiecured by thix Security inxtrumcut whether or nat the sums are
<br /> . ',;:,.::.� then due. . �
<br /> :��,:�;I If the Property is abandoned by Bomnwer,or if,nfter notico by l,vndcr to I�ntt��wor�hi►t the cundemnar offers to maice �;:__-.__--_
<br /> an award ar seale a claim for damages,BaTrawer fails to respnnd to l.cnder withln 30 dnys cdtcr tho dcito Iho notice is glven. --
<br /> � Lender is author�zed to collect and apply the praceeds,at lts option,oither to restarnti�m or repnir oP thv Praperty or to the = —_
<br /> sums secured by this Securtty Instrument,whether ar not then dus. - -
<br /> "� Unless Lender and Borcower otherwise agree in writing,uny uppllr�+tion uf prcicced�t��princfpid xhull not extend or
<br /> � ;,•,•�'��;i postpone the due date of thc monthly payments referred ta in pnrugmph�I And 2 ar chun�a�hu nnn�unt af�uch pnymenis. _
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<br /> :,�s�s�:i.�, 11. Borrower Not Reteased; ForbParance By Lender Not a Nbive� Eixten�la» cit tho dme fbr payment or
<br /> ::,:�;,�k':,:`-:�f.�,�;�'ti1;�� madification of amortization of the sums secured by thin Secudty Instrumcnt granted t�y l.ender to any succrxsur in interest _ __
<br /> . c,�:,. .. .. '
<br /> • i at Sorrower st�atl not operute to retease d�e Ilability of tlre uriginat Bamuwer ar B�rrawerk surcc�sor�in fntcrctit,Lcnder ,�-,,,,,, � °
<br /> ,..,;{!,,. ; shall not be required to commence proceedin�s againat uny succeesar in lntemtit ar rofuxa to extend time fnr puyment or iFr��.=:�=��-
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<br /> :;�;i��- . • , ; otherwise madify amortization of the sums secured by thia Secudty Instrument by rea5on of imy demnnd mudc by the odginal p�,__:__:=F__,
<br /> `���:� ,�::i_;?{.• Bormwer or Borrower's successors in interest. Any forbeurance by Lender in exercising uny ri�;ht or romedy xhull nat be a ';�r.;r��
<br /> ' `'"`��` waiver of ar reclude the exerctse of an r� ht or temed
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<br /> �ti•,� � ��' 12. Successors and Asstgns Bound;Joint and Several Liabllity;Casigners. Thv covencmtx und ugreemente of this ����'�r���: -..
<br /> {• - � Security Insuument shall bind and benefit the successors and acsigns of Lender und Borrower.xubJect u�Ihi provixions oF �:''��' ��-�-'�'=
<br /> `"`1 ' paragreph 17. Borcowers covenants and agreements shall be joint und s�vernl. Any Borrowor who cu•signr+ this Security `%�.�.x Sc��
<br /> a,�_
<br /> Instrument but dces not execute the Note: (n)is co-signing this Security Inctrument only ta mortkugc.grnnt anJ cunvey that 'i,,•' -Q_
<br /> �F.`•�;•....,.__
<br /> � ' Borrower's•interest in the Property under the temts of thi+Security Instrument; (b)is not pert;onully obllguted t��pny the sums Ys.,; ° _
<br /> . secured b this Securit Instrument;and(c)u grees that Lender und an other Harrower mu u ree to oxtond,mafif ,forbeur �����'
<br /> � Y Y Y Y & Y 4jr:,���-
<br /> or make any accommodations with regnrd to the tertnx uf this Security [nxtrument or tha Noto with�+ut that Horn�werl �:��;�^;=:"'�----
<br /> ,� ---- - --� consent. �i�r«,.. ...
<br /> ' � -' 13. Loan Charges. !f the loan secured by thi� Sccunty instrument �s subject to u inw which r,etx muzimum ioun ° �� -
<br /> . • , charges,and that law'is finally interpreted so that the intcrost or other loun chur�es callec;tcd or tu t+e c�llectcil in conncction �*,�'a���
<br /> � ' with the]oan exceed the pertnitted limits,then: (a>uny tiuch lann churge shull be mduced by the umount nc�rx,ury to rcduce i��'�'--
<br /> � � � �'�'�'' the chargc to the permitted limit;sind(b)uny sums already coUected fmm Bormwer which cxcccdcd�x.rmittcd limits will hc ���;�'_-
<br /> `<,�i .�� • •��'- ;- refunded to Borcower. Lender may choose to muke thi�refund by rcduring the principul owed u��der thv Nute ur hy mnking u � _
<br /> �' � direct payment to Borrower. If a refund reduces principal,the mduction will be trcuted us u particd prepuymcnt wiihnut uny
<br /> prepayment charge under the Note. , -'-
<br /> . 14. Notices. Any notice to Borcower provided for in thir Security In+trument +hull kx given by JelivrrinK ��ur by �:„s...._-.
<br /> mailing it by fint class mait unle.r•s applicable law Ryuires ure of unuthcr mc[h�xf.Thr noticc�hull txe dimctcd t�►t4c Nru�rty (�;;=�
<br /> ' . Address or any other address Borrower desi�natc+by noticr tu Lendcr. Any nuticc a�L.ender,fi��ll hc p�v�n by IotM rlii+r f';:°`-
<br /> mail to Lender:s address stated herein or any othcr uddretis I.rnJer de.ignutr+by notirr to 8unnwrr. Any nuticr pruvided li+r �"�
<br /> in chis Security Instrument ,hall be deemcd to huvr tken giv�n to Hi�rri�wcr or l.ender whcn giv�n nti pruvided in thl� � �
<br /> paragrnph. , , .
<br /> • . 15. Governing Law; Severability. This Security Instrumrnt shall he governed by tcderul luw uttd thc luw uf thr --
<br /> • • ;_• jarisdiction in which the Propeny ix locuted. In thr event that a�ny pruvi.iun ur cluu.r of thi.Srcurity In+truntenl ur the Nute .. • '-
<br /> .'(-�.•.�� conflicts with applicable law,such conflict shall not affrct othcr pruvi.ian�of thi�Scrunty In.trumcnt ur th�Nutc whieh r�ut � �����,
<br /> '�•4•`;'. be given effeet without the ront7icting provisiun. Tc�thi.rnd thr pruvitiions ut'Ihi� Srcurity Imlrumm�l mul thr Nutr �ur ,, t�"''';�•."`'
<br /> declared to bc severable. • • �'%>��°'
<br /> ;;•� 16. Borrower's Copy. Borrower yhall tx givrn onr cunti�mied rupy of thr Notr and��f th�.ticruruy In�tnnurnt. , .
<br /> � 17. 'i�ansfer of the Property or a Beneficial interext in Borrower. ]f all or any purt uf thr 1'n►�xrry or:my intcre�t in �
<br /> it is sold or transferred lor if a hrnetici;d interc�t in Born�wrr i�wid or tran+femd and N��rruw��r i, nut a naturul �xnunl
<br /> . without Lender'.s prior written conxent, Lrndrr m:ry,at itti uptiun,rryuim immediutr�,iyment in fuU uf:d��um,.rcurr�l by
<br /> this Security Instrument. How•ever,thiti option�hall not tx exerci�ed by L�ndrr if rxrrci�r i�pr��hihtted hy�rdrr,il luw���ut '
<br /> . ,, the Jate of Uiiti Secuiity in.trument. f �
<br /> If Lender exenitieti this option.Lcndcr shall gire Bcirn�wcr nutirr uf accclrr;uiun. 1'Ik nutice.Irdl pm�iilc�►prnuil ot �
<br /> not less than 3U days from thc date thr nuticr i�drlivrmd ur mailyd within which Hurcu�►rr mu.t��a�,�II.um�.rr�urd hy tln. �
<br /> � � Security [nslrumrnt. If Borcc�wer fuil, tu pay thru .um. pri��r t�� thr rtpiration uf thi,Exn�xl. l.rndrr muy ��►vulr .my i ,
<br /> '�,::�,r;
<br /> " remedies pertnitted by this Security Instrumen�without I'unher nutire��r drmand on fiunu��cr.
<br /> . .:��.. • I8. BorroNer's Right to Reinstute. If Borro��rr mret, cenain cunJiti�,n,. H��rr�a���r .h:dl h:��r th�• uFht io ha�r
<br /> ' �' . � enforcemem uf this Securit� Imtrum�nt di+runtinucd at an} time pri�ir ui the r:►rlier uf� I:u 5 J:��.��+r.urh uthci �x��irnl.��
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