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<br /> �---�-------- caxlemnadcx�ar othrt taWn�a€eny pnn of the Propsrty.ar tor eonvayanac in{icu of condemnst� a�i�r�hc�hy dss7gned�n�d .
<br /> ehall Ae p�ld to Lcnrkr. ,
<br /> In tho cvcnt of a totd takiag of thc 1'�r�per�y� thc procceds shafl be ap¢Iled to tfie svm+� securcd by�hix Socudty
<br /> (r�stmn�ent.whether or na then due.wtth any exass pald to Hom►wer. 1n the event of a pr+rttal taking of the E�crty in.
<br /> whieh tho foir m�rket v�Iue af ths Property immedl�tely befae the t�king is equal to or�reates than the amuu�r�t c►f U�e RumR
<br /> secured by eh�s Secnrity Inswment immediately befose the felcing,unte.ss Borrower and L.nder otherwtse agae in wrItin�,
<br /> .-°--T � �S�e�wi�s eeeu,-acl by this�CSCUrity inatr�enK�ii s���l�isa ri:+tuc;cd 6y tha nmount of th.,pmrceds muldpllcd bl►the foil��rin;
<br /> fractlon: (a)the wu�l am�unt of thc sums secund immedi�tely trefone the taking.divtded by(b)the fair nwricet vsluo of the e
<br /> Property immediateiy before th�taking. Any balance shaA be p�i6�0 8otrowrer. In tho event af�p�tial ukinp� of the
<br /> ' Pir�erty{n whkh the fair market vatu�of the Prnperty immcdiauly bcfore the toking is less than the amount of thc sums
<br /> securcd immedIately befixe t1w teking, unless 9arrowar and Lender otherwise agree in writiag or unless appficabla law
<br /> athervrise prov3dea,tho praceeds shnll be uppUed to the sums sccuced by this Security Insaument whether or not itto suma arc
<br /> ; ch�n duc.
<br /> � Tf tlw Propmty is ab�ndaiad by 8arrower.�r iP.afier irotFce by Lender to Bomowcr that tha c�sdemitar affers ta make - -
<br /> an aword or settle a clalm far dutwges,Horrower faits to respond to LESnder withln 30 days efter the date 1he natice is givcn.
<br /> + Lendcr is anthorized w coUcct and apply the pmcxds.at its opaon,eithcr to restomt�on or repair of the Prc+perty or to the
<br /> sums securod by thi.q Securlry Instrument,whether or not chen du!:.
<br />- — � Uniess Lender and B�rrower otherwise agtce in writing,any applicution of pmceeds to pdncipal shall not extend or _
<br /> 1 postpaie the due date of the monthty payrments ceferre�f w in pa�graphs 1 and 2 or chonge the amount of such�ayrnents.
<br />_ — -I 11. Baruwv Not Relased; Forbnrana By iRader Not a Waiver. EntcnsIon of the am�e foc payment or
<br /> —___________: modifizutton of amortixation of tha sutns secural by this Secwriry Iastrument granted by Lender to any succeswr m interest
<br /> I of Bomnwer shall not operate W+elouse the IIabiltry of the ori�i�eal Botrowet or Borrowetis successors in inu�st.I.end¢x �
<br /> - shail not be required m commence proceedingn�.inst any successor in intere9t or refuse to eatend time for puyment v�
<br /> othenvise n�odify uuiortir,�don of the sums securod by tiris Security instrument by►��.son of any demand made by the original
<br /> t
<br /> ��"'°`�a°m�� Barrowet or Boa�u�cet�s successots in interes� Any f�ocbearnrcce by Lender in eRercisin�any right or remedy shall not be a
<br /> __ _ wniver of or�zrctsxM the exerclse of eny right or remedy.
<br /> 12 Su��ssors wrd Assip�ng Bound;Joint and Severa!Lf�hdltty;Grslgaers. The covenants and agreertuenn3 crf�his
<br /> Security Inataumesnt shall bind and beRefit the successots nnd ass��of Lender and Borrower.subject to the pravisions vf
<br /> paragaph !7.Bomower�covenants and agneemenu shaU be joint and severai.Any Bomower who co-sfgns this Securi¢y
<br /> � Insmiment but does noi rxecute the Note: (a)is co-signln�this Security Insuument only w mortgage.�rant ared convcy that
<br /> � Borrowerts iatecest in the Property under the terms of this Securiry[nsuumen� (b)is not personully obltgated sa pay the sums
<br /> secured by this Security InsUVment;and(c>�grees that Lender and uny otteer Borrower muy agree ro extertd�nnAify.fo�fiear
<br /> or make any acc:ommodadons with r�ard to the tenns of this Security [nstrument or the Note without 4hat Borrower�s
<br /> °-�---- �-�,•• Ccs�eAi.
<br /> ._-, M.�—
<br /> '""� 13. Loan Charges. If the loan secured by this Security Insmiment is subject to a!uw which seu maximum loan
<br /> �I��, charges.and that[aw Es��nally interpreted so that the iuuerest or other toan char�es collected or to be rollec��n ronnecdon
<br /> �i+ with thcs(oan eaoeed the permttted limits.then: (a>any such loan charge ahull be c+�iuced by the amount ne�ssnry to re�uce �;;,
<br /> the chsuge to the permilted limi�and(b)any sums�c�by collected from Bomnwer which excceded pennitteci G�its will be •--
<br /> - cefunded w 8or�ower. i.ender may choosc to make thls refund by mducing the prirtcipai owed under the Note or by making a —
<br /> dincct Qaym�.�'i4o�v�rower. If a refund reduces prinCipal,the reduction will be treated as a purtial prepayment without ar�y _--
<br /> P�PaYnxnt ctiarge uader the Notc. !�;-_
<br /> �i 14. Notlas. Any aotice w Bomower providedl fot in this Securiry Insuawa�nt shall be gtven by deluvcring it ur by --
<br /> m�iltng it by fitst class mail untess applicable law�gaires use of unother method.7he notice shall be directed to tha P�+nperty �'"�`
<br /> � Addres.s or uny other address Borrower designates�y noUce to I.ender. Any nodce to Lertder shall be given by first clnss E:-:•�
<br /> � mail W Lenderk addmss stated herein or any other uddtess Lender designates by notice to Somnwer. My notice pmvided for '
<br /> n ";.
<br /> ' in thIs Security Insttument shall be dee�eed to hc►ve been given to Botrower or J..ender when given as pmvided in this �•
<br /> ' ''�
<br /> � p�15�Governing I.m� Severabillty. This Security Instrument shull be gaverned by federnl luw and the law of the ;��;=
<br /> jurisdictlon in which tho�ruperty is located. In the event that:iny provislon or claus•�of this Security Insdvment orthe Nate :�;j��;_
<br /> - conflicts with appHcable taw.such conflict shall not affect other pmvisions of this Securtty Inswment or the Note which can .r'��:
<br />_ ' be given et'fect wlthout the conflicuing proviston. 'Ib this ertd the provisions of this Security Insuument und the Note ate ',"-�;,
<br /> doclared ro be severable. .;:'`
<br /> 16. Borrower's Copy. Bormwer shall be given orte confomted copy of the Note and of this Security Insau�reent.
<br /> 1T. 11ran.ster o!the Property or a Ben�dal,�.nierest in Borrower. If aU or uny part of the Property or any intemst in �;;'
<br /> it is sold or transfemed(or if a beneficial interest in Bormwer is sold or transftcred and Borrower is not u natural person) �'%i�-
<br /> without Lertder+s prior writter►consent,Lender may.nt its oprion,require immediute payment tn fult of a1l sums s4cured by '```�•
<br /> - — � this Security Instiumen� However.thls option shall not be exer+ctsed by Lender if exercise is prohib[ted by federal law as of '��� .
<br /> . the dnte of this Socw�Ity instivment
<br />_ If Lender exercises thls uptlon.Lender shall give Bo�rower notice of acceleration. 'll�e notice shall provide a period of �c�; �
<br />- not less than 30 duys from the date the nodce is delivered or mailed withtn whiclh�orrower must Ray all sums secured by this r;!t
<br /> Security Inswraen� If Bo�rower fails to pay thesa sums prior to the expicaaion of this period,Lender may invoke any ��
<br />: remedles petmitted by this Security Insdument wtthout funher aorice or demand on Bomower.
<br /> LS 6onowv's R�ght to Reln,tate. If Bmcuwer mezts oc�tain conditions. Borrower shall have the right to have
<br /> erePa�aec�t of this Securiry Instrument discontittucal at any time prior to the eariier oL• (u)5 days(or such otherperiod as
<br /> ^,=�,f Single Evmlly»Fannk Mad�eOdk Mat UNIFORM INSTRL'�SENT»Unifortn Covenanu 9/9� (poge 4 of 6 pagea)
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