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<br /> condrmnaflon or other taktng of any part of the Phvpeny.or for conveyance ie�Ueu of condamnutian,ara hereby sssigned and
<br /> - -__== shalt be Qaid to 1..ender.
<br /> __ -=_— In the event of a tatal taklns of the Property, the proceeda shull be applled ro the sums secured by this Secudty
<br /> -_-___--��,_-_ •� Inst,an}ent.whether or nat then duC,with any azcxss puid ta Brnrower. In she event af u partIal tnking�f the Pnp.�.rty in -
<br /> ---_== whtch the fair market value of the Pt�perty Immsdiately befote the taking is equal to or greater thart the amount of the suma
<br /> - r=�--:.:;�;�� secured by this Securtty Tnsttume�t Immediately before the taking,unless Borrower artd Lender otherwlse agnee in wrlting, _
<br /> `'�`�"''"'°"'`""� the sums secured by this Se�urlry Inshument sfia8 bc:reduced by the amaunt of the pmceeds mnldplied by the follawing �------:=_--'
<br /> -�-�'�'-�"ie76�'r9°-' fraction: (a)the total amount of the sums secumd immedIately befon the taking,divIded by(b)the ft�r market vatue of the
<br /> :=�",=t'�;=��. . Property immedIately before the talcjng. Any balance shaQ be pnid to Bomowsr. In the event of u partial talcing of the _
<br /> '``� Fro in which the fair mazket vatue of the Pro immediatel befone the takin is less than the amount of the Rumo
<br /> •;:�'a.����:_;: PertY PertY Y S
<br /> — secumd 'emmediately f+nfore the taking, un[ess Horwwer and Lender otherwise agree in writing or unl�s applicable law _ _ __
<br /> � i'�"�+� " .�•`�"�t otherwise provIdes.the proceeds shaU be applted to the sums secured by this Secucityr Instrument whether or not the sums ure =_
<br /> ,:�:`.t.-.,�;:; .:,t� �;. thendue. �.�__--
<br /> � `•�� �. '"� "'� If the Pr�perty is a6andoned by Borrower.or if,after notice by L¢�r co H�otrower that tha condemnor offerx ta make
<br /> .,. f, : .;,, �-____=___-= -=_
<br /> , , . ' �� an award or settle a claim for damages,Borrower faits to�e�spo�nd tcn L�nder withne�30 days after the date the nottce is giren. ��_
<br /> ]Lender ts authorIzed to collect and apply the proceed�s,at c¢s optiosn.eitQter 8o ceSto�raYion or repair of the Property or W the __
<br /> � � sums secured by thls Security Insuument,whether or not¢tcen dme. _—=—----
<br /> ' UnCess L.ender and Borrower otherwise agree in writIng.any App96eation ot p�viceeds ta prirtcipal shall no4 exte�td or �
<br /> ' �ostpoirc che due date of the monthly payments referred to in paragraphs 1 and 2 or change 9he amoeunt of such paycQtents, w`�.`-
<br /> IIl. �wrrower Not Released; Forbearance By Lender Nat a Waiver. Extension of t�ee timc for pay�aemt or ��-----
<br /> � ce�odn�caaion af amortization of the swns secuned by this Security Tnstrument granted by Lender to any successoY in imtenst �
<br /> . ; , :'
<br /> ' '� ' wF�oirower shall not o}�prate to release the liabiti of the oripinal Borrower or Bamower's successors in i�ite��est.l.eace�r �°'°"--
<br /> . , . r- � O X�jt°�,i_..__
<br /> , • yhatl not be tryuired ta commence proceedings against any successor in interest or refuse to extend time for paymest or ��; l�
<br /> ' • otherwise madtfy amortizetion of the sums secured by this Securiry Instrument by leason of any demand made by the original �`'��-�`--
<br /> � Borrower or Boaower's successors in interest. Any forbearartce by Lender in eze��cising any right or remedy shal!not be a � �"' --
<br /> .,'it. �'.� , .; .-=
<br /> {�: � waiver of or preclude the exercise of any right or remecfy. � _•�
<br /> , � 12. Successors and Assigns Bound;Joint and Several Liabflity;Co-signers. The covenants and ageeements of this ::,),;�Td����=
<br /> <�$-`.' Securiry Instrument shall bind and benefit the successors and assigns of Lender and Borrower.subject to the provisions of "
<br /> ;a;; , paragruph 17. Bornower�s covenants and agreements shatl be joint and several. Any Borrower who co-signs this Securtty 1`�'� �"'� _
<br /> �<< Instrument but dces not execute the Note: (u>is casi in this Securit Instr�ment onl to mart a e, t and conve that • =�''� ''�-
<br /> � S Y Y S � � Y �l;,f�:��-
<br /> �� Borrower�s interest in the Propecty under the terms of this Security Instrument; (b)is not personally obligated to pay the swns u R�;;l,;__—_
<br /> ' ' secured by this Security Instrument;and(c'�agrees that Lender and any other Borrower may agree to extend,madify,forbear �'
<br /> � • :;..
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<br /> or make any accommodations with regard to the terms of this Security [nshument or the Note without thAt Borrower's �� '� •'� .
<br /> " _ consent. � "
<br /> :; -- .,
<br /> 13. Q,�an Charges. If the loan secured by this Security Instrument is subject to a law which sets maximum loan � '
<br /> �• charges,an�th�at law is finally interpreted so that the interest or other loan charges collected or to be collected in connection � °�. .;.,
<br /> with the I��n exceeci the permitted limits,then: (a)any such loan charge shall be reduced by the amount necessary to reduce � `� � `
<br /> the charge ea the petmitted limit;and(b)nny sums already collected from Borrower which exceeded permitted limits wi11 be w �
<br /> refunded ta Borrower. Lender mny choose to make this reFund by reducing the principnl owed under the Note or by making a ���>j,�..;;���
<br /> " direct payrrt�ent to Borrower. If a r�efund reduces principal,the reduction will be treuted us A partial prepayment without any f T,`_�:;,t,�: ". '
<br /> pmpaymena charge under the Notc. � •�:':1'�;':.
<br /> 14. l�Io?ices. Any notice to Bo�eawer pruvided for in this Securiry Instrument shaU be given by delivering it or by � '� w�;?�`�
<br /> mailing it b��Yrst ciass mail unless applicable low reyuires use of another method.The notice shall be directed to the Property � � �';;'r�'���;�;�,
<br /> .4ddress or any other address Borrower designatex by notice to Lender. Any notice to Lender shall be given by 5rst cluss ,,.:.�,,�;�;r�:''
<br /> mail to Lender§address stated herein or any other ad�'cess Lender designates by notice to Borrower. Any notice p�ovided for • •���ab-..,
<br /> in this Securiry Instrument shall be deemed ta ha�e ?een given to Borrower or Lender when given as provided in this � , ` ' "���,� �
<br /> , P�15phGoverning Law; Severability. This Secarity Instrument shall bc govc:rned by fedetul law und the law of the ����"j��J��•y
<br /> jurisdictivn in which the Property is located. In the evrnt that aa�}provision or cluuse of this Security Instrument or the Note `�G%�.;;4
<br /> . conflicts�vith applicable law,such conflict shall not ati'fect other�ru�•i�iom of thi�Security Imtn�ment or the Note which can . „" -
<br /> 4x given effect without the conflicting provision. Tc*th�s end the provisions of thi�Security Insirumeat aad the Note are ;'•:+• � �
<br /> ,(�':�i� ..
<br /> • declared to be tieverablr. r•,..,,:. , ,
<br /> ' '°" 16. Fd�rrower's Copy. Borrower+hall he gi�•ert a�n:confornte.t copy uf the Note and of c[ti.Sr,urity le�.irument.
<br /> �;, ��".;f', 17. '�L�ansfer of the Property or a Q�eneficial i�terest in Borruwer. If all or any part oC eL�r P'ropeny or uny interest in ��.� ;,• _
<br /> '•�;•;'•�,; it is sold or transferred (or if a beneficial inte�r�t in �om�wcr is�old ur tran,fcrnd:uid Born?w•�r is not a etatural personl , , .,; 4:� �' �'�
<br /> ' :� without Lender's prior written consent.Lender m:,y,:�t i�s option.reyuire immcdiate payment in full of all su:�n.secured by „ �
<br /> this Security Instrument. However,thiz option shai�r+::h.�exenitied by Lendrr if rxrrci�e ir pruhibited b} 1�derai lsw as of _ _ _
<br /> -`- the date ot te�s secunty instrument.
<br /> "' If Lender exercises this option,Lender+hall gitir Bormwer notice of urrclrratiun. Thr notice shall provide a periaxi Uf • _
<br /> not less dian 30 days from the date the notice i�Jcli.�emd or rnailed within which Born�wrr mu�t par all,ums secured by thi>
<br /> Security tnstrument. If Borcower fail. to pay the�r sum+ prior to thr expiration of thi. peri�zd. Lender may im�oke an�
<br /> remedies pertnitted by this Security Instrument�cith�na*(urther natire or dcmand un Born�wer. �
<br /> " 1& Borrower's Right to Reinstate. If Bucn���er meets crrtain conditiun.. Borcu��cr .hall ha�•e the right to have t
<br /> ' enforcement of thiti Securiry lnstrument dixontinueJ at any timr priur tu thr rarlier of`. (a)5 itay.tvr�arh utAer periud a� I
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