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<br /> �, condetan�tiaa or utf�er tt3�$af Ftnny paIIt af f�e Property.ar fos canveYanc�in�teb�f condemnatt�n.are.Aereby assigned attd , -__ � .
<br /> w,���;�;��' shmllt�paidtnl.eitdsr;. " ` " � ---_--__ -
<br />_ :;�::�;::i'��� � ia the e'v� af�.casl E�Ocing of ths Froperty,'t�te pFOCeeds sh�tl Eieapplied to�she sum9 secum,d by ehls Security • . . _...--_.____------
<br />" b�� Instattaent,wPiether at.t��et�n deo�vuith att�r exces.g Q�udto.Harmurer.'In ths�vent of a partia}taking of the Prope�ty�inn � — -----
<br /> '� �•�tn�i�S�A�' wl3ieb the fair market��aCt�of tit�Prope�ty iinmediateiy befose the taking 5s equai to or gi+eat�r than the.ammuit of the s¢ans — —
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<br /> ����i '�'�� },�r S i,, , secured by this�c�it�:tns�u�t imseed'ealety 6efare the tntdug,unless�Honrower aad I eflder othe�se ag�e in wrihng. � - _
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<br /> +Y�;;�,,s � :;? the sums se.cured 6y t�.i�Secutiry Ltssaum�eni.sbalt!rs reds�ced bx the an+ount of the proceeds multip�ied by the foltowing � �_ ,�''-� _�-
<br /> �`•;�_;�:;f` ;;=a�a..�,. ftastion:.{a)tlte tfltsf�ntosmt of tta�su�ns s�vred immediutely before the taking,div¢ded by(b)the feif market value of the ° ''�"•�:�
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<br /> t�#;, ' �„ �t z Frnp�aty.immediadel�;t�fase ttrs taking. Ar►�r t�alanre shaFi be Qaid to Bortower. In the event of a partiai'taking of the � '� ����,'w{s� _
<br /> ,;: f�, p�tapecty in which tt�i.€�ir ma�icet vat�of tt�le.l'mperty�inui�ediatety befone ti�taking is tess than the emo�t c�ihe sums - -.-0-� , i
<br /> `�,,: , � ,,r seemed.uranediatety,•Befa�e ttcx taking,�.�!es4 Bormwer and Leader otheiwise agree►n writing or unless app l i c a b Is law :.. �' �`v';' � ;�.
<br /> �> �i �;•:� , ot�terHrfise pru�ides.t�p-oo��s s�aU i�ap$l�tr3 to the suu�.s secured by this Securiry Instrument whether or aot the su�ms are , . ��t:f.`1 �'���_-.�` �. ;_
<br /> r • tt►en due. :� �'�'��''..�r,�,..
<br /> ' �;. If the Ptnperty:i�a�by B�mowear,or if,after notise by Lender to Bortawer t6�t the caudemnor offers to make .�'' ,� r��"-�
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<br /> f. ;,:;�:":�:....'�: � . aa awaad ar seute a c�im fQr daffiages.BurraNer faiLs W tespond to Lender withiri 3iD days after the dat�the i►otice is given, <...,r. :.;.--��_:.
<br />': • �.:� Lender is authariz�d`to caltezi and ap�iy t4�e piviceed�,at its option,either w restor¢tion or repair of the Pmperty or to fhe f��
<br />��, . -;,;t.; sums secured by this S�rity Insdtmeint,vr�etiie�oF aot tfien due. . ;�"�n�"'� `i.�_
<br /> % s r ',; UuIess LendeF a�8flamwer otit�.awise 2�g�ee in writing,anY aPPlicadon of proce�3s to priacipal shall not extend or 4 , ,,, _ ` ,+
<br /> ��f'%'.r'.<.;`.`�,c. as the due daL:.oStt��ntht t�,iefe�to in hs 1 and 2 br chan e the smount bf such ents. , `F� _
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<br />- ` ,�''i;,:r:"� " 11. Surro�ser No1 Reteats�al; E�ortaEaraace By �.eader Nai a F V a tver E xtensian of the time for payment at ;-�,_���`°•
<br /> < , 1,�� ��: madificsiioa o€am�a.�ti�o�3 of th�sums s�cutec�by this Security Instrument granted 6y I.ender to any successor in interest ' �,.�-- _�_-
<br />'�: � { a of Bor�uwer sba1D not.c�etate to release the Id�bs�ity bf the.origiaal Borrower or,Hotrower§successors in intesest Leader � � t .
<br />�, shall not be requimd tn cv�nm�txe proceEd:n�agaie�st any successor in interest or refuse to extend tiace foF PaYment or �` ..., ,.�
<br /> ' athec�+ise madify amr�a�ti�o�of tha sums setii�d D};his Security Instnuaent ix��eason of any demand made by the original , �-`,�'`,�"�k_-
<br />-�:� Bosrower or Barrotixei�successors in interest':;k:�'�oabea�xnce by Lender in e�ettising any right or re[aedy shall not:be a , _ � �; '" , ,�.�;
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<br /> ..' . waiv�cr�"ar pleclude tta�eaercise of anY�,°���.,.�Y• . . � '�,�'� ' _
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<br /> , _..._._.�:�S:ieoessoasa�n�piss+`gus'g��a;;3�t�JSeveral�L#ability; ' ers��e�oavenantsand-agceementsof�Paes� - ` ; ����_
<br /> Securit}:Instnimene�ad!6:ttd acu3 bc�.6r tt�;�an�ots and a5signs of�and Borrower,subject to the provisio�.s�f��, , �
<br /> �'��" h 17.Botrow�r�s oovcnanu and a;rs�a�ri`s.shall be joint and seveiaE.Any Borrower who casigns this Secutity, . _ �-�=-=�=-
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<br /> - ;;,, • � Tnswment but daes cwE execute the Notx: '(a).•n��o�gning this Security Insuuca�nt only to martgage,gru�a aad convey that
<br /> `i'h ";::j,�` ; :.Sori�ower�s inte�est in ct�Pm�perty uuc�.rthe t:tzt�o�this Secwity Inshumen�(b}is not perso�aliy obligaieci to pay the sunqs . . '�
<br /> ` , rJ: ':`•�sera:c�hy ihis Security Inswme��a�mid(�1 agrees that Lxnder and anp other�Borrower ma'.�r�e toextend,modJfy,fortiear.- � - ,: �'•-='�''
<br /> . �t; .-�;�.;ir�r�..any accommada3ions with negard to.#t�e terms of tlus Security Lzsa�ment or.�4:�`ote without that Borro�vae's •
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<br /> � ' �:'I.asn Ch��s. If the loaa secured�,#'�y r�Security Instrument i�'sr_bject to a law which sets maximum loan � �'''
<br /> - - - �,1,`.�,;�ahd that tav�-z"sfinafEy interpreted so tt�a2�:rt��terest orother loan�.,,.ijaa4cbllected or tobe ccillected in connection� , ,
<br /> : ���,"'`',�,,'i L�li;an e a c e e d t'h�s permitt e d limi t s,t hen:•s�(a�.�-,:s�ic h l oa.s c h a r g e s h a a 7�I L•e�a�d u ce 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�i c e
<br /> , „. . .. �is rtii�sic�tn tfte permittod limit;z�d�)any�s�-�dy cca�:.a:b„d from Bc!?�w�r v�hich er.ceeded pemdtted limits wiil'be•. .. '..,.'°.,;:�• - ;
<br /> • zefusod.�U�Bomower_ lxr�r ma�d�to r�s,:�ce�.'ss:Ktii:.�usy r�ducing u��r�icipal owa�'r.uider rhe Note or by m�ato�r,�,u.�; ,..,: ;� ` , � r,�� r;:,
<br /> t. . . . '. . . . dim�ct pa7iment to Bofroai�:.i3 a i-�J5i6�d�y�U^�a1.tl�:�i�4ction wiL fie,,�ted as a�artial piepav�sent withoui ar.�� ; ,,� . ._` � ,
<br /> � ' prepayment c�arge��den'ti��+foi�:� .:; . , �. . � ••.
<br /> - - - --°-��- 14. Nott�: plGy.notice to Botsower�ip���°..:for in this Security Insm,.-rnent shaU be•given by�T�vering it or by .�•=:`:. ��. � % _
<br /> � , m a i l i n g it b y first c[ass mail untsss a p piicab2e la.v r e quites use of another method.7t�e notice�hall bs directed to the Propgrty ��;::�: - � ;,� .
<br /> :� . _ Address or any othet ar,�3ress Borrower desi�reaaes by notice to I.ender. Any notice to Le�i3i..ur•shall be given by fi�st class �� ��
<br /> f , mait ta Lender's addsess s3ateci herein or any oiBtrr address Lender designates by notice to Sc.�wer. Any norice provided for , ' .
<br /> i� '� � _ -� - •- - in this Security instcurnent shall be d�eerrted ta hav� been given to Borrower or i.ender when given as provided in this :. _. �'; ;� :��e:;A.
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<br /> : 15. Goveming L��;Seti•erability. 7tics:$a�sity Insuument shall be govemed by federal law ar�d the law of the ::��� . •.
<br /> " • . 'urisdIction in which ttvc Property is located. In t#�e event that any provision or�.t�ause of this Security Instrument or the Note ' .�
<br /> ' contiirts arith aQpticabu:[aw.such coa�lict shaLO��tot affect other provisions of tN=s Security Imstntment or the Note whid�w'�a_¢_ ''`�t, �;�� .
<br /> � . _: ._. _..._, . be gitii�effect wit�or�the confticting provisioi�. To this end tFe provisions of this Secr�nv�`�suvment and the Nc(G:��u�e:;.� . � `�.,�r��;��,�;,,: ,
<br /> � � decl;�u�be sever�;,.. . • . ;'':'` . '�fit��k`� �.
<br /> ' _ . ' . . '�C, t3brrc�'s°G'n�Y Barrower sha116e given one conformed eopy of dae"+�a'.r ar:�c�e a'_,kts$eeurity Insuumen� . �� :,,��u :�,.
<br /> � • 1� 7lratis':"a�a�t�PrapPRy ar a Benet�rl8t Interest in Borrower. IE�i;[:�c��..ry��:4:f'ihe Property or any interest in . .;,r►� ���i�i+3r',�.;
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<br /> ��;;,,'..;'��. , ;•,it is so�d or transferf�si'(os if a beru:fscial interest in Borrower is sold or trar.s:zi:�3 ai�L�+cc:�wer is not a natural person) �r.>�� ._, �°=-
<br /> =• '• � wiihout Lender's rioe��itten cor.�er,z.Lender fna at its o tion, uire immediate artr��t 4�full of all sums secured b �,;;�riF, "'��." '!�'
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<br /> -- � -- • -- this Security Instrumer�. KoK•ever,this option�hall not be exercised by Lender if exercis�G=�n��ibited by fedetal law as of �-.;,�•��-: -. �
<br /> : i . . `� ihe date of this Secu,aity instrumenl. ' � . � ' ' ' .;�
<br /> • .. ; If Lender eaeras�.this optio�.Lender str0.x€•�e$orrower notice of acv`b:ration. The notice shat[:��xvide a period of • „ : . � i''
<br /> ; ` ' noi less than 30 days�fri;a�the date the notice i���::c�:red or mailed within wh"sch Borrower must pay alfi srmt�secured by this ,• .;.;;�
<br /> - • Security Instrumen� 1�Boerower faits to pa�r c��:se s4uns prior to the eapiration of this period, I.eadL�e c*:�y invok�;aay . •
<br /> ' r � remedies germitted by t';is Securiry.f astrurrten�tivishout further notice or demand on Borrower. � '� ..• '
<br /> � '- - � ��- �.;�,!� li� Bon�ower's R�fit to�ta,instete. lt Borrower meetc certain conditions, Borrower shall have the rigt:i,t?a�lrirve .
<br /> i �-- - •- ' ��:?y; enfor�cement of thes Securily tnstNnv.r.t discontiaued at any time prior to theearlier of: (a)5 days(or sw*,r.ta,other prifi3+i as � , , �.
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<br /> � . :.,'�:,,:�;,'' ' S�t;(eF.+mily--Faz+u3r.Naelfreddie 117ae UNIFORM IM1S'[1YJ:S�1�''�..NT-•Unifomi Covenants A�f[l+,rn:gr4�j6 paRes! . '''•�
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