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<br /> -� ��°�E�� � condemnatian ar other mkin�of any part of the Progerty.or far coaveyance in iteu of condemnutiora,are hcmeby assigne.d and
<br /> `''6��`�-r � shaq lyer pu�d to Lender.
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<br /> ,.�_�.__�,..��, In the event of a tntal talcing of the Properiy, the proceeds shall be applled to the sums saure� by this Socurity ___
<br /> ' • 'i�:, Instsumenb whether or not then due.with any excess pafd co Borrower. In the event of a partinl takIng of the Praperty in -
<br /> �,,�I:s,: .:...;i.+�' whtch the fuir mFUket value of the Property immedIately beFare trie talcjng Is equal to or greater thun the amount of the sums
<br /> secared by this Security Inshumant immediately before tht takins.unless Borrower and Ixrtder otherwlsa ogree ln writtng,
<br /> _ ' tlie sums secured by this Securlty Instrument shall be reduoed by the amount of the procee�.g multiplied by the folI�wieg , _
<br /> `�, ,;. fractIon: (a)the total amount of the suma secund immedieteJy before the tak�ng.dtvided by(b?�e fair market vulue of the
<br /> - � Property immediately before the taking. Any butunce shull be paid to Borrawer. In the event of a partIal taking of the ---
<br /> " • f. Property ia which the fair martcet value of the Property immediately befote the taking is less thsn the ornount of the fiums °_
<br /> -::.._=-=-,.---`� sccut�d immedtately tseforc ttsa wlcing,unless Bormwer and Lender otttenvlse agae Ln writing or unless appl�cabie law �° - -
<br /> � . otherwise pmvtdes,the pmceeds shnll be applied to the sums secured by this Security Insdument whether or not ths suma e� __ __
<br /> „ . then due. :�'---=-
<br /> If the Propecty is abandoned by Bormwer,or if,after notice by I.ender co Borrower that the condemnor offers to make -=-- -
<br /> an award or seule a ctaim for damages,Bouower fai(s to respond to Leader wnthin 30 days after the data tlte notice is�ive�e, � ,.__
<br /> �-=.-__�
<br /> l.ender is authorized to collect and apply the proceeds,at ncs Q��ion,eitLter to eestoratflon or tepaic of aP�e 1Froperty or eo t6:e �'r��-h..=-.o-.�
<br /> sums secured b chis S¢curi Instrument,whenAer or rtot them d¢e. �'���� ---
<br /> Y tY �h3)��`;
<br /> QJnless Lendee artd Borrawer otherwise agree in wri4fimg,any application of proceeds eo pri�ecipal sQnall etot�xtend ar ___..____
<br /> '. P�� Y P Y� p�B P 8 P Ym ;,-�;�-T`'-
<br /> tte the due daYe of the monthl a ertIIS referred to in ra hs 1 ated 2 or chan e Yhe amoonnt o8 such a enes. '�T• r;��_
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<br /> 11. Borrowe�r No8 �Celesus�d; H�bribe�smc� By I.ender Not a VbI�6v¢�: Facaension of tQie ¢ime for payment or ^•��y;�-��
<br /> modification of amortfization of the sums secwred by this Security Insuument granted by Lender ta a�i�r successor in interest ;.��,.��_-__
<br /> of Borrow�r shaii not operate to reteasc the tiabiliry of thc original Bosrowcr or Borrowcr�s successoas ic�interest.I.ertder • _`
<br /> .. shall not be tequited to commertce p�raceedings against any successor in interest or seff�ase nv extend qme For paytn�e�t vr � ��-�-
<br /> otherwise modify amonization of the sums secured by this Security Instrument by reason off any demand made by tDee o�ngfinal ����� `�'
<br /> � � Bomower or Borrower's successors in interest. Any forbearance by Lender in exercising any right or remedy shaDl na2 be m --
<br /> � � waiver of or preclucQe nE�e exercise of any right or remedy. ` =
<br /> . • 12. Successors and Asstgns Bound;Jmint and Several Liabtlity;Go-signers. The covenants artd agreemequ enf this —
<br /> � Security Instrument shall bind and benefit the successors and assigns of Lender and Borrower,subject to the provisinx�s of ' �
<br /> paragraph 17. Bomower's covenants and agreements shnl! be joint and se�eral. My Barrower who co-signs this SErurity - " F-
<br /> ., • Insdument but daes not execute the Note: (a)is co-signing this Security Instrument only to mortgage,grant and convey�hat .,,�i�:'::
<br /> Borrower's interest in the Property under the tarms of this Security Instrument; (b)is not personally obligated to pay the sums �. �,•,
<br /> secured by this Securny Inswment and(c)agrees that Lender sind nny other Borrower may agmx to extend,modify,forbear -a'`=
<br /> or make any accomomodations with rega�d co the terms of this Security Instrument or the Note without that Borrower's •�°`-
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<br /> � consent. - •-
<br /> --- • ' 13. Loan Cha�r�es. !t the toan secured by th�s �ecunty lnstrument is subject to a iaw w�icn sets maximum loan ` - j�r;._
<br /> "' charges,and that law•is finally interpreted so that the interest or other loan charges coliected or to be collected in connection �+�r.;;�,..
<br /> " with the loan exceact the permitted limits, then: (a}any such loan charge shul!be reduced by the amount necessary to reduce "��'-��_
<br /> the charge to the peemitted limit;and(b)any sum.alreudy collected from Borrower which exceeded permitted limits will be ��;-,_
<br /> refunded to Borrower. I.ender may chwse to ma!l•e this refund by reducing tC�z pancipal owed under the Note or by making a _'
<br /> dimct payment to Borrower. If a refund reduces principal,the reduction will be treated as a partiat prepayrnent without any '�
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<br /> prepayment charge under the Note. ir��,�'w--
<br /> 14. P[ottces. Any notice to Borrower pmvided for in this Security Instrument shull be given by delivering it or by ,
<br /> muiling it by ficst class mail unlesx applicuble la�� sequires use of another method.The notice shall be Aireeted to the Property , . -
<br /> „ Address or any other address Borrowcr desigaate.by notice to Lendcr. Any notice to Lender shall be given by first class .
<br /> ' ' mail to Lender�address stated hercin or any other addres�Lender designutes by notice to Borrower. Any notice provided for
<br /> - in this Security Instrument shali he deermd to havc been given to Borrower or Lendcr when given as provided in this �
<br /> ,: paragrnph. -
<br /> � ��., , 15. Governing Law; Se��erab9lity. This Sccurity Instrument shall t�govemed b� federal law and the law of the >
<br /> ':�s�.`-S, jurisdiction in which the Property is located. In the rvent thrt:u�y pr�>vision or cluuse of t�is Srrurity[nstrument or the Note � :�=
<br /> ' conflicts with applicable law,tiuch ronflict�h:sll nin affect other provisiom of ihi.Security Instrument or the Note which can -
<br /> ` be given effect without thr rontlicting provitiioo. To ihi.end the provi.r.�n�of thi.Security Instrument und the Note are
<br /> ' � declared to be severable. --
<br /> 16. Bormwer's Copy. Bormw•rr.hall tx givcn one conformeJ copp of the Note and of thi�Security Instrument.
<br /> 17. 'Il-ansfer of the Prnpert�•or a Beneficial InteresII:o Borrower. If all or any part of the Propecty or any interesc in
<br /> it is sold or transferred tor if a txrneticial intrre�t in Bomi��•cr iti�old c�r tramferrrd xnd Burrower is not a natural person) I
<br /> a•ithout Lender's priar writtrn ronunt.L�nd�r ma�-,at it.option,rcyuire immediate payment in full of alt sums secured by , •
<br /> - ft,p.$P..��ry�n.r.,�me!et. !-Irwc��cr,�h�.�.ro��,n.h:�It n�u tx•�•r�•n•i.�•d hv Lrnder it rxerri.e i.nn�hihiied by federal law as of l _
<br /> .t the date of this Security Inxtrument. ,.,,
<br /> ' • � If Lender exercitirs thi�option.Lender�hall gi�•r Borro�rer notire of accelrration. The notice .hall provide a penod of � , �
<br /> +':` • � not less than 30 day�from the date Ihe not ice i.�k liverrd ur mailcd�cithin whirh Bc�rruti�er mu�t pay�II sum+secured by this � .���;,'"'
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<br /> Security Instrument. If Borrower fail�tu pu� thr�r wm� prior to thr rxpiratiun i�C thi� �xri�xi. Lersl:r may invoke any
<br /> remedieti permitted by thix Security ln.uurnei�: �cithout funhcr nc�tirc or Jrmand on Burniu•�r. ��
<br /> I8. Borrower's Right to Reinstate. J': 8,uro��cr mcet. rrrtain rondition,, Burruwcr �h:i91 h.:c� :he right to have ,
<br /> �:.• , enforcement of this S�curity Imtrumern��li�rcm:��u:d at any timr prii�r tu the rarlier ot`. �a►5 da�v lo.r+a.3�other period us
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