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<br /> -- - = . ` o�ndenu��tion or oiker sakiti,g oftu►y p�rt of�he Prope�iy,ar�'ai caui+ey�i�e in�feu of c�nd�emna�€o�,��f}�by.s-signc�an�f � ' ,
<br /> sh�l t�e paid tn l�ecr3ar. � ;,. _ . , .�. , . . , . _ .• . . . .: < .
<br /> - . In �he cveut of a tat�t.t�4t.ing oF th�P�upeny.diz proceeds sh�i be npplted•to tlie sums seCurc�°By t�s Secvrity � ' �.'.�'
<br /> ' . Instraa�nt,whet&er or ttot�tEc�:n due.ri�t�any e�tcess paid ao Borrow�r.. �Isi the ev,edt of a partirl t�fiing,Af t�e,��cy in ,'
<br /> � whirh the�fair utar&et�atue of thrd.Pmperty imFnediazety 6efare t?�e ta�inII is cquat to ar�eater than the omauttt.of�Tte sitms _: ,
<br /> - --� secured by ttns Security tnstn��ut immediateI befare the takilrg,ianless:Borrower.cu�d i.ender athenvise agree in wrItin,g. , �
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<br />' m� :'the sQms secur�d 6y this SecurIty Inswment shal!�ned�ed by�the aritaw�t of the�sro�ds muitiplted by tlte foitotuing `, ` �_
<br /> ���t � � .5�action: (a)the Eotal amo�an:of the'sums sesused i�nmeil��t€Zy before the takin�.divi�e�0y(b3 al�e fair.inaricet va1u��F thc .
<br /> ''��'a`a';.�`�;=;;�: . Pro�Ferty+immed'rateiy�6e�ore ttie takiq;. My bslan�e stiall lbe paid to Bormwec In tEi�.event of a paRial te�cing af the � ..-
<br /> '�--� - Pro�ety ire r�his�t�e fair sn�r'�et ealae s�f ttee P�ope�ty unmediaz�iy.befer+a ttie k�king is[�s lh�n t�e sunopnt��th�sum4 . .
<br />=- �''���� '--'�;;�^�' sa,�uaed iinm�iately before the taking.unless Bomower and Lender otheivrtse agcr�iu.wrlting or unles�appiicab2e iaw , -- --
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<br /> _ ,�_,_.�;�r__,��� othenvise pmvides,the pmceeds shall be applied to the sums�ecured�y this Secariry Instrtnneat whether ar,not the sumg�e•
<br /> ":.' then dae. . '
<br /> _ ' �� "' ' ff the Plaperty is abandnA�6y Bormwer,or i�aftec notice iiy Lender to Borrower that the cor�demrtor effets to make � �
<br />- - �T:„,� ,i. 1. aa award or settic_a claim for damages,Borroarer fails w tespond to Lender within 30 days after dte date the not�Ce is given. .
<br /> ;�`t�a:�,*:t7;���,• Lender is authnnxed to collect and appiy the proceeds,at iu option.eithet w cestoration or�air of the Pmpe�ty or to,the
<br /> '�i��=,�';�:��:%��=•�.- : sums secured�sy ti�is Security Iasuument,whether or not then due. .
<br /> .s:c.'�'i_f:�";�:�i.�:�;, <, U n tess I.e a d e r a n d Borro�rer a t herwise agme in writing,any agplication o€proceeds.m principal shalt not ex[end or
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<br /> ;;;,,:;,.:;.;,�.;;t: postpane the due date af the montLly paymeats teferred W in paragtaphs 1 artd 2 or cfiaage the ar[tount of s�tch payments.
<br /> � ��r-��°`�'`';�-:�� ' 11. Borrower Not�ieleased; Fmrbearares�e By Lender Not a Watvef: Extension of the turce for �rayment or .
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<br /> • � • • modscadon of atnotoization of she sums secvrefl by this Security Insttument geaated by Y;ender to any s�ccessar m in�
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<br /> .,,, ... „,., , of Borrower shali not oper.ue to release the liability of the origtnat Botrower or Bomower's successozs in interest.t,ender
<br />=:�u:--� .. ,;;; ., . sha11 not 6e requ'ued tA commence pmveedings against any successor in interest or s�fuse to extend ti�ne for p�yment or ' ---
<br />��,:= •`� . : od�wise madify amortu.ation of the sums secured by this Security instrument by reasan of any uemattd nwda hy ih;:or:;inai . ` �=--°
<br />?�;�� �`r�;`"` �,� , :"Earrower or Bnrrower�suceessnrs in interest Any fo�tiearauce hy l.ender in execcising any_right or remedy shaU not 6e a � � .— --
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<br /> s�i:rt '.�e��.�:4 � '. ... . . � . . . . � . . " .
<br /> _—_y =,,,<�,,:y__-,._. • waiveroforprecludeWeexenciseofanynghtorremedy,.. _
<br />�„'—'" .'.. = . �. -- -. -� -- �—=--1�-�Sucsr�sorsand -Bouad;.Bointand3everal.Lfabili :.Carsigner�._T'herokenar►tsand:agreemenuoftlus. . '
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<br />=__ �` " � �a Securiry Iasm�nsr.su shall bind and benefit t&e saccessars and assign�ot,Lender and Bormwer,sutsject to the provisioas of : , •
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<br />-_—�.��' ":,<.•�; , pazagiapb 17.Bomower's covenants and agi�ements shal{ be joint�'$everal.Any•Homnwer who co-signs dus Securiry..�
<br /> � '"``t ffs���,:: �-..� �•"` ' �lnsuument but does not execute the Note: (a)is co-sigtdng this Security Instrument erily to mortgage,gisi►t and convey thai '
<br />�".r:`:�._�s`.:� '; : '` Borrower�inseiest in the Piogaty under th�teims o�tius Security Instrumen��(b)iv tinipersonally obligateA to pay the sums
<br />��.�".``•`::�°..::.:`_.:�',' . secuned:by this.Seca�rity insfrnine_n��and(c)agrees . '
<br />- � •. • . ' e that Leader and.any other Borma�tna}t agree to extend,modify,farbear .,
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<br />= � or make any�ommadadons with reg�nS'i�We terms of this Security List�ument or the Note witliout that Bomower3� '.,;c;;;;,
<br />_ � consent. :u;:�;:; .
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<br />=�: �' . �' .,.•-` 13. �.oan Charges. •If.the loan seCared by this Security lastrument is subject w a!aw which aets cnaximum loazl �~-
<br /> f� . `_� � ,c��rges,and t6at law i"s fm�I�.x:fiterpreted so that the i�st or other toaa charges co,,fSected os to 6e collected in.cannection •,
<br /> ••• ���'� - .���the loan exoeed the pe�.tted limits.then: (a)am:.��ii:}�'s:soan charge shall ire�8.by the amount necessatt�`tt.',�te�uce � n
<br /> "•� .�,.:, � , :�iu.:charge to the pe�mitted istiiz:and(b)any sums ati�±sc�3lected from Borrowerusiuth exceeded permitted tiart,lg wil!be ���:_.
<br /> �:: ���•, ': e��'��iided to Berrower. Lender may choose to make tF s�.:nd by redu�:�g the principal owed under the Note or by inaking a.�:�,`��^�.,•.' •
<br /> � � ;• �t paym�t:t�a Botrower. If a refund re�rrPS grir.cipal;the�+educt��c�.�i�l be treated as a partial prepayment without any � .,; =
<br /> z ' y ,..,� '.:��ayment��sr-aeundertheNote. � �; , , ., l:; .., , ' ,.�
<br /> '_ _..__.�.:�` :'` � : .14. Nofitecs. My acai;ae tq Borrower��vided f�r,in this Security Instrum.�t.s?�all be given by delivering it or by • • . �_d__�
<br />- ; � , , �.,�rr�iling it by first class maz��,�:trless applicab(e[;:::r�aii�ase of another method.7it,�c�:tice shall be dimeted to the Property . $_-
<br /> ,, `� _,. •Address or any other addrecs t�6rrower d..�ib.al�s 6 a sr�li�.e to Lender. My notiee�r.n Lender shall be given by first class _
<br /> �. ' ;� ,'�: " mai!to Lendet's addmss s�tated he�in ar arY cti,eca���'ss Lender designates by notice to Borrower. My notice provided for • • °' °���
<br /> _i _ .- `" ,���,�;' '. in this Security instrument s�all be deerr:�ta have been given to Borrower or Lender when gi�c�n.as provided in this : "'
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<br /> �•t ; ::,�;''�:; �: �. . .. ,P��ragraph � , • , ei'�__ --
<br /> � ' • ,. ' 15. Governing Law; �v�erability. This Securitylnstrument shall be govertr�cf by federal law and the.(aw of the• ' . ?�=��°��n-:'
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<br /> � • .- ' , �l�ui�idiction in which the Prb�xrty is lacated. (n the event titat any provision or clau�:�a6ci�is Securiry Instrument;�l�ir�Nate �,�,_�_—
<br /> { F;.:. � � . . . , ..vaRRic�s wit�i�.Ylicable law.such canflict sh�ll not affe;s Uiher provisiqas of this�is�ity Insuvment oy the No*.e p!t�.ir�can ___
<br />_�',. ° ,. • � tr�given effax.�:iihout lhe canflicting provision. Tu this end the pm.;.•�,��cf��.Security insrrument and the T�ote are;�° ���-'
<br />_> - � , _ • , �.4�lazed to ira v:.erabte. � , ' - ------
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<br /> .. � 16. Bo�'roiver's Co�9: �$orrower shall be given one confortned copy pf the ti��te and of this Security Inswmeni: : • �'".;;-
<br /> ' ; . � ' 17. 7i ansfer of t0e��erty or a Beneficial lnterest in Borrower. If ali cc�.�r part of the Property or arl;�tere�t in
<br /> `� � ' . st is sold or transferred(ur et a beneficial interest in Borrower is wld or transfem�and Bomnwer is not a r.iurraI•.�etson) ,��°_��•-•-- _
<br /> ,' ,,� •, withaut Lender's prior written consen4 Lender may,at its option,reyuire immediate payment in fult of ail surr,s h:rara�red 6y "-��,
<br /> _ _._ . . Q,} � • this Security Intitrument. However,this n�aon shap nat be exercised by Lender if eaercise is prahibited by fed�taG iaw as of � ,:��'��_____
<br /> • ';{s the date of this Security Mstrumen� ' :::,-s.�•:;;�:-.=:y�.-�.
<br /> • , • . If[.ender exercises this�ptian.Lender sha11 give Borrawer notice of acceteration. The notice shaU prov�de a period of • "'�"`�""`
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<br /> - ' ' � r.ot less[han 30 days from rt��dace the notice is delivcr�f or maited within which Burccwet must pay all sums sr:;�3n�i�by this • • � •�-�`
<br /> � ' . - • �:curiry Instrument. If Beer.r,:3e�fails to pay thc�e s;�.�rs prior to the expiration of�his period. Lender m�r• ittv�lce any , � ��"
<br /> `'� ` " ` mmedies pemiitted by this c:curity In�trument without furt.her notice er demand on Borrower. � _.. � ._ __
<br /> � � •� . � 18. Borrower's RI�Y to Reinstate. If Borrower meets cerc:�:r�conditions, Botrower shali have the ri�ht to ha�•e ��� �
<br />- •' � ' �' •" . enforcemem of this Security lnstrumem discontinued ut any time priur�n the earlier of: (a)5 days lor tiuch other period as ' • � '
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