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<br /> --- �4-� 11�?�95
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<br /> --��'�'� condemnet�on ar other takIng of any patt of the Ftoperty,or for canvcynnc�e in Ileu of candemnution,an:horeby aeslgoed and -
<br /> ���_�e=.� sbull iw paidto i.ender. �
<br /> ----- --- -- 'tn thc ev�t of a totai t�stdng af ttte Pro�rty.ehe prosxrds shnit he apgikd to tlr avms secxired bq ttris �xutity -- --- -�
<br /> Instrument.whether or not then due. w[th nny excess putd to Banower. Cn the ovent of a partiel tt�icing of the Praperty in
<br /> ����`� wblch tha fair market value of the Pwperty immedlutoly beforo the takln�ia equal w org�ur thun the wnount af the sums °'�
<br /> _--- seaur�ed by this Saurity Inswment immediately before tha takinB,unless 8atrower and Lender atherwfse Agno in writing,
<br /> ==-�O ti►e Fuma s.ecur�f by thls Security instmment shall be reduced by the nmount�f the procceds mulUptled by the followin� � "
<br /> - - -
<br /> -- fraction: (a)the total amount of the sums s4cured immedintely before the taking.dlvidcd by(b)the feir merket valae of the
<br /> - -
<br /> Y,�A�.:�� Property immediately befora the tnlcing. Any baluttce shall be paid to Bomower. Ir�the event of a partia!teking of the � _
<br /> Property in which the fAir market value of the Property immedtetely before the taking Is less thsn the amount of the sums �`�•-
<br /> w'""""� secuved immediatei befare the takin unless Borrower und Lender otherwtse p e in wrltin or uNess a llcable law
<br /> �,�.t.,,:,. � Y 8, � g PP __--
<br /> _ . �•k� otherwise pmvides,the pra�eds shali be appHed to the sums secured by this Security Inst�umen�whether or not the sums ar�e __ ___
<br /> . r'r�.�•.:;. ' then dus. �:;;:��:—
<br /> �`�'��� ��`�"-�*� If the Property is abandoned by Borrower.or if,after�otice by I,ender so 8orrower chat the condemnor offers to muke �-=�---.--____,___
<br /> -:i:�r.:c;�:;:-� .�,,-<<>� - =
<br /> -:-0;.;..,..;. :.. An award or seule a cla�m for damages,Borrower fails to respond ro Len�er vri¢hira 3Q days afte�tP�e d�te the notice is siven. _-_----
<br /> f`�' Lender is authorized to collect and apply the proceeds.at its ogdon.eith�r eo restora¢don vr regraie of the Property or to the -- — — _
<br /> .'; �� sun�.s secur¢d��r tt�ns Securlty Insttument,whether or�oI the�due. �..,�-..�.�a,�w_
<br /> . 47ntess L¢mder art��Q�wer otherwise agree in writeng,any application of pm+ceeds to priasipa@ shall ttW¢xteetd or �-_�---��
<br /> st ae tQ�e dum dace of aE�e uaz�n�hl a ments refemed ta in hs q artm 2 vr chau� e rCr.e a�nount of suc4e ncs. "�*»'�:��?��°
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<br /> ' "`��` IlIl. �ore��r¢a� Nan4 �ell�a�.ced; Forbearnece B I.ender N�4 � 9Nanaer Eu¢ensiQU of tlke tia►te for e�t or �------��
<br /> �.�" y ' tia paym , ...t�,,,n..
<br /> '�;�rE��S madi�CCati�n off afrocrace�uno�a��the sums secured by this Secudty Instrument grented by Lender to aay�successor in�ntarest ._,�•. :,5�__
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<br /> • ;�:,;, .• � of�asrow�r s�r,ail naa�t��n�.ite to retesse the liability of the original Boz�uwer or Borrawerk successors in interest.E.ender .�-.. �-'°---
<br /> � . ":;�1��; sha,lt ce�t be te�ui��°:�ta�:ummrnce proceedings against any successor in ineemst or refuse ro extend tlme for payment or ;;;:'fr---
<br /> ` � `�-��'' othextmis�modify a�naatia�atiim wf thc sums secured by thie Security Instrument by reason of any demand made by the original ���':%i���°��=��
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<br /> ''-:°i�`�'`�;.. B�srower or Borrower's succecsors in interest. My forbearence by Lender in exercising any right or remedy shall not be a 'F'"'":�"��•_�
<br /> ;''n��`;;��1 � � waiver of or preclude the exercise of any right or rcmedy. ' — �
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<br /> t;" ..�' � F, � 12. Suocessars and Assigas Bouad;Joint and Several Liability;�asigaera The covenants and agreements of this � .:�" '+, l ` ':�,�
<br /> ' Security Insaument shall bind and benefit the successors and assigns of Lender and Borrower,subject to the provisions of , -
<br /> ° " paragraph 17. Borrower�s covenants and agreements shall be joint and r.everal. Any Bmrnwer who co-signs this Secur�ty '. .•'���'l�-�=-�--
<br /> " Insuument 6ut dces not execute the Note: (n)is casigning this Securiry Inswment only to mortgage,grant and convay that ;��;�l`:�''�:��=_ �
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<br /> ' Bo�rmwer�s interest in the Property under the terms of this Security Insuvment; (b)is not personally obiigated to pay the swns :••.s;.;: ;--;. -
<br /> �� sec�u+ed by this Security Inswment;and(c)agrees that I.ender and any other Borrower may ag��ee to extend,modify,forbear -� "�?"��
<br /> or mteke any accommodations with r+egard to the tertns of this Security Insuument or the Note without that Botrower�s
<br /> ,
<br /> consent. �
<br /> ��;�:��; 13. I.oan Char�es. It the toan secured b th�s 5ecunt Instrument is sub'ect to a iaw wnich sets maximum ioan `h -
<br /> Y Y J ���,;�.
<br /> ';��•� charges,and that law�s finally interpreted so that the interest or other lean charges col lected ar to be collected in cannection • �; <<•`•.� �c�
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<br /> • ' w i t h t h a l o a n e x c e e d t h e p e rt n i t t e d l i m i t s,t h e n: (a>an y s u c h l o a n c h a r g e s h a l l b e r e d u c e d b y t h e a m o u n t n e c e s s a ry t o r e d u c e ;,;,;.d;�,,°>:'(_;;l
<br /> the char e to the rmitted limi�and(b)an sums alrrad collected from Borrower which exceeded rmitted limits will be '��'��=:��' �
<br /> . 8 Pe Y• Y Pe .,,�;.{�;;�,
<br /> refunded to Barnower. Lender may choose ta make this refund by r�educinfi the principal owed under the Note or by making a • �
<br /> • dir�ect payment to Borrower. If a refund reducex pdncipal,the reduction wili be treated as a partial prepAyment without any • �€' ' '� ��"
<br /> ptepayment charge under the Note. - ,�r; ��
<br /> . I4. Notices. Any notice to Borrower provided for ira this Security Instrument shull be given by dellvering it or by .
<br /> maiting it by first cla�s mail unfess applicable luw reyuires u,e of anather method.The notice shall 6e directed to the Propeny � �s' °
<br /> Address or any other address Borrower designates by notice to Lender. Any notice to Lender shall be given by first clnss �r�J
<br /> mail to I.ender's addre�c stated herein or any other address Lender designnees by notice to Borrower. Any notice provided for
<br /> ' in this Securiry Jnstrument shall be deemed to have 6een given to Horrower or Lender when given as provided in this ,, �'.,���
<br /> '..;�';:, Parab,raPh• � `- , �"',,
<br /> I5. Governing Law; Severabilifv. This Serurity In,trument shall b� govemed by federal law and the law of the ,. ��`
<br /> „�: .;, 'J�� ,.
<br /> • , jurisdiction in which the Property ix located. In the event that any pru�•i+ion or clause of if�i�Security Inctrument or the Note
<br /> ' • conllicts with applicable law,such conflict shalt not affect other provi�ions of this Security In�trument or the Note which can .
<br /> be given effect without the conflicting pmvisiun. Te�this end the provision.of this Security Instrument and the Note are ., i�,,.
<br /> deciared to be severabte. "" .,,�'��,..'�
<br /> 16. Borrowe�'s Copy. Barroa•er xhall he given onc wnformed ropy of the Note and of this Security Instrument. ,
<br /> Il7. 'IYansfer of the Property or a Beneficlal Iaterest in BorroK•er. If all or any pan of the Property or uny interest in � :��c,,; ..
<br /> it is sold o�transferned(or if a beneficial intere,t in Bormwer i�wld or transferred:ind Borrc�wer i�not a natural penon) �
<br /> without Lender's prior written consent.Lender ma�,at it.option,reyuire immediate payment in full of all sums secured by '"';�� .�
<br /> .--. ... .� tl1IJ KtWtty I�t1llWItCIII. [7VWCYCJ.i,ii�a��ii�iit�11�1ii INt t�t.�AtiLt�C��1� �CII�Ct Ii cll��lt1C t.l vlUlttl)IICU U�'1CUCCAI IdW i!J U[ S •- .. -. .-'_ ."
<br /> . the date of this Security Inxtrument. � ,..�,�;'•.`, �
<br /> If L.ender exerrises this a�tion.Lender.hall gi.�e Bocro��•er notice of acceleration. The notice shall provide a periad of
<br /> . � not less than 30 days from th�date the notire iti delivereci or mailed��•ithin�vhich Borto��er must pay all.ums secured by this ;
<br /> � Security Insiniment. If Borrower fail�to pay these sums prior to the expiratiun of thi� period, Lender may invake any ' �.
<br /> remedies pertnitted by this Security In+trumrnt u ithout furthrr natice or drmand on Bormwer. j
<br /> 1& BorcaDUer's Right to Reinstate. If Borcuwer meet+ certain conditiun�. Borroarr.hall ha��e the right m have
<br /> enforcement of this Security Instrument di�rontinued at:uiy time pri��r ta the earlirr of: 1:�)S da�•,1or wch other�eri�d ay ,
<br /> Sm�Ir Fumly--Fannie�lne'F'mldEe eY:u:t�AF(►R�1 I�tiTRI'�tE\f•� l mtorrn('u�cn.mt+ 9.90 r s,•n '
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