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<br /> caukmnatis�ar othcr talci��g of any part of ths Pcoperty,or for conveyancc in Iteu af condtmreation,ura hcreby nssig�Kd and
<br /> attAll be pald w l..ender.
<br /> in Ihe ovent af a total taking of the Pi+nporry, the procad� eh�!!bo applted to the sums secund by thts Sccnrlty
<br /> Inatrumen�whetlxr or nnt then duc, with any oxces.r paid to Borrower. In tho avent nf a partial tuking of the Rroperty ln
<br /> whkh tho fsir nualcet valne of the Pn�perty tmmediatelY betore the taking Ia equAl to ar grcAter thxn the amount of the sums
<br /> �M��tr,�l hy this Srcurity Metrument imrr�ediuuly befom tho talcing.unless�otrower and L.ender otherwise agra In wrlting,
<br /> the swns�ecuced by this�urity Insw3nent shall be n:duced by tho sur►ount of the proceeda mulripiioJ by d�e following �
<br /> - Uracdan: (a)the tatal cunount of the sums secured immedlasely bafore the Wcing,diviakd by(b)the fatr market valne of the
<br /> P�nperty immcdtately bofore the tak�ng. My balnnco shsll be paid w Borrower. In the event of a partial taking of the
<br /> pfroperty in whtch tha fair market value of the Pi+nperty immediatr,ly l�efo�+e the taking ia lesa thon the nmount of tha swns
<br /> sec+�red Immediately 6efore the takIng,unless Borrower m►d Lender othenvise agree tn wrttins or unless appUcuble luw
<br /> athcrwlss providea,tite prnceeds eha116e applied to ehe auma secumd by this Secudty Insuumeat whether or not the sums acr;
<br /> ther+diu. -----
<br /> It the Pmperty ts abaudoned by Borrower.or if,after nodce by Lender ta Borrower that the condemnor offers to make
<br /> an awatd or seWe u cls�m for dam3ges,9orrower fails to respond to[,ender within 30 days after the date the nodce[s given,
<br /> L.ender ts authorized to collect und appTy the pmceeds,at its option,either to restoration or rep�of the Propecty or to the
<br /> - sums secuted by tbis Security Instiument,whether or not then due.
<br />- Unlass Lende�end BoROwer otherwlse qgree in wcIdnB.nnY aPPU�an af pnoceeds to principal shall not extend or
<br /> postpone U►e due date of tha monthly payments refe�red to in paragaphs 1 and 2 or change the iuna�acat of such payments.
<br /> -- 11. Borrowu Not Released; Fbrbwrance By l.ender Not a Waiver. Extensia� af�the time for pay�nent or
<br /> modificatirta of amortization of the aun�s secwed by this Sccudty Instrument g�tted by I..ender ta aay successor in interest .,
<br /> of Borrower shall not opemte to release the liabiUry of the ofiginal Bomawer or Bomower�successors in int�rest. �nt or
<br /> shali not be �squim,d to commence praceedings against a»y succeFSar•is►lnterest or refuse to extend time for paym .
<br /> othenvisE medify amortizatlon of the sums secured by thts Securiry Ins¢t�tnent by m.nson of any demnnd made by ihe ong�nal
<br /> Botrower or Bomnwer's successors tn inter�� Any forbearance by L.ender in exentsing eny right or remedy shall not be a
<br /> — — — waiver of or prectude the exeraise of any right or remedy. �
<br /> 12. Suoassore�n�AsSigns Bound;Jotnt and Several I.inbility;Co-signere. ��covenants and agreemc�ats of Uus
<br /> - Securiry Ltsuument shall bind und benefit the successois and assigns of L.ender and Borrower.subje�t to the prrn�iaions of
<br /> pamgraph 17. 13omnwer�s covenants �nd agreeraeats shall be joint and several.Aay Borrower who co-signs this Security
<br /> Instrument but does not execate the Nate: (a)is casibmIng this Secudty Instrument only to mortgage,grant and convey thnt
<br />- BoTSOwerh Interest in the Pnoperty under the terms of this Securlty Instrument; (b)Is not personally obljgated co pAy the sums
<br /> secured by thls S�xwity Insuumenk and(c)agrees that l.ender and any other Borrower rr�ay ag�ee to extend.modify.forbear
<br />, ___ __ _ : or ma{ce nny uccornmodations with regtud to the terms of thiR Secudry lnsuument or the Note without that Botrowerls
<br /> consen� .
<br /> 13. Loan Charges. If the loan secwed by this Security Inswment is subject to a law whicl}sets maximum lobn
<br /> charges.and that law is fmally inteipmted sa��ut the Interest or other loan charges coliected or to be aoUected in coninecdoa
<br /> : a an such toan ch e shall be reduced by the Amonnt necessary t�reduce _
<br /> e the rmitted limits.then ( ) y �6 .
<br /> vv�@�the loan aceed pe
<br /> thc charge to the permitted limit;und @)uny sums already collected from Borrower w�unh cxceeded permitted I�mits wi11 be
<br /> �� refunded to Borrower. l.ender may choose to make this refund by reducing the principnY owed under the Note or by making a =--
<br /> dIrect payment to 8orrower. If a refund reduces princlpnl.the reducaon will be treated as a partial prepayment wIthout any _
<br /> prepayment chatge w►der the Note. _�
<br /> 14. Nottoes. Any notice to Borrower provided for in this Security Instrument shnll be given by delivedng It or by �
<br /> mailing it by first class mail unless applicuble law requires use of another method.The notice shull be direrted to the Property E-
<br /> ce
<br /> t o L e n d er. M nouce to Lender shull be given by ftrst class i,�_
<br /> Address or any other address Borrower designates by noti Y .._.
<br /> mail to[xnderh address stuted hecein or any other address Lender designates by nodce to Borrower. My nadce pro�ided for ',�:=
<br />- in thla Security Inslrument shall be deemed to hnve been given to Borrower or Lender when�iv:�n as provided in this .;r.
<br /> ara h '•�-
<br /> p �lS. Goveming Law; Severability. 'lhts Secucity Insdument shall be governed by federrl Iaw and the lnw of the __
<br />'�•• jurisdiction in whic6 the Property Is tacated. In the evenc that any provislon or clause of this Security Instrument or the Notr. _��:.
<br /> confliets with a�plicnble la�s.such conflict shali not affeci other provisions of this Se.c�rity Instrument or the Note which ca� �;;�,
<br /> . . o ate
<br /> t and thc
<br /> N te
<br /> urit Instrumen .-
<br /> be given effect vv�thout the�onflicting provisIon. 'Ib this end the provisions of this Sec y
<br /> declared to be severable. -
<br /> `t•1 16. Bomower's Copy. Bosowu shaU be given one conformed copy of the Note and of this Security Insaument
<br /> •���E 17. 1�anster of the Property or s Beneffcial IM�rest iR Borrower. if alt or any part of thc Propercy or any interest in
<br /> it is sold or transferred(or if a beneficial interest in Borrower is sold or tcansferred arid Borrower is not a natural pESrson) __
<br />-,� ��� ;_T� ,� without Lender'�prior written consenG I.ender may.at its opqon,require immediate payment in full of aU sums secured by
<br /> "•� +"��� ' ,�-:, thts Security Insuumen� However. ihis option shall noi be exeraised by[.ender if exercise is prohibited by federat law as of
<br /> �: �r-,r�,
<br /> 4
<br /> tde date of this Security InstrumenG
<br /> If l.end�r exenctses this optfon.Lende�shall give Borrower noace of acceleratian. The notice shall pmvide a periad of
<br /> ����` not less than 30 days from the date the notire is delivemd or mailed wethin which Borrower must pay all sums secured by this
<br /> •�•� ; Security InsuumenG If Botrotivet fuils to puy these sums prior to the oxpiradon of this period. Lender muy invoke any
<br /> �.�ur.,�c.�-l �7 remedIes pemuued by this Security Inst:ument without further notice or d�mand on Bor�ower.
<br /> I8. Borrower's Right to ReYffitate. If Borrower meets certain condiflons. Botrower shail have the r�ght to havc
<br /> 'r ���. enforcement of thls Securicy Instrumeant discontinued at any time prior to the eariier of: (a)5 duys(or such other period as
<br /> r�s',,;�;
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