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<br /> -�-��•�y+++����y co�ider,inat�an oz ott�ar tnking af ciny part af Uie Praperty.or for canveyancc En liei►of comiemnatian,arc henby nqsi�ned uncf
<br /> - ------ shali bo p�id to Gender. �
<br /> Cn tho ovent of a total taking nf tho Pr�opercy.tho �roceeda shal!bz ajsplied to tho sums scc�ired by this Sccurity,
<br /> Inatn�ment,whether or not thon due.wtth any excess patd to Bomswer. In tha evsnt of a putial teking of iktie Prop�rty in '
<br /> — which thc fnir m�rket vatue of the Property immediutely bcfare the taking i9 equal to or greaur th�n tha umount af the suma
<br /> secured by thia Security Instrumcnt immedistely bofore tho taking,un[ess Borrower and [,onder dherwiso agreo in writing,
<br /> the sumg secured by thls Sccurity lnswment sh�ll be rcduced by tho nmount of tho proc�edA mult€pited by the foliowlqg
<br /> ��_- -- -� firaction: (u)the total umount of tho sums s�ured jmr��ecli�tely befaro tho t:�idag.dlvIded by(b)the fair ma�lset value of the
<br /> — Propetty immediutely before the taking. Any beia�ice shaU he patd to Bonower. In tl�e event of a partisl taking of the
<br /> - Pr�perty in which the felr market vAlue of thn P[opetty immadiatxly before the taking is less than the omount af the sums •
<br />- seaw+ed immediately before the teking, unless 8orrower and Lender otherwise ngroe in vNdting or unless uppitcnble law
<br /> _. atherwise pmvides.the pc+oceeds ahaU be appUod to the sums isecuntd by thia Securiry Inswraent wheth�r or noi the 9ums aro
<br />-� then due.
<br /> _ — If the Property is nbandaned by Bormwer.or if,sfter notice by L.ander to Botrower that the coademnor offers to make
<br /> _- '�a' an owc�d or settiz a cisM for da�nages.Barrawtr fails 4o resgoad to i.ender e.idw�30 days aRer tl3ee date i3�e notice is Q vcn. -
<br />+Y-r Lender is authorized to collect and appty the proceeds.at its opdon,either w r�estoratIon or repair of the Ptoperty ar ta the
<br /> �r` sums secw�ed by this Security lnstrument,whether er not then dae. ���on of roceeds to rinci al shall not extend or
<br /> Uniess Lend�r and Borrower othenvtse agree in wciting.any npp p P �
<br /> postpone the due date of the montfily payments referred to ln paragcaphs 1 nnd 2 or chAnge the amount of such payments.
<br /> 11. Borrower Not Released; Forbearance By Lender Not a Walver. Fa�tenaton of the time for puyment or
<br /> modIScation of amortlzation of tba suma secured by this Securlty Instrument granted by Lender w any successor in interest
<br /> of Borrower shall not operate co release the liabiltry af the original Brnmwer or Borrowerk succwwso�s�n inter�est.Lender
<br /> � shnll not be requir�ed w commence proceedinge agalnst any successor in interest or refuse to extend tIme for puyment or
<br /> otherwise modify emortization of the sums sec�red by this Security lnstrument by mason of any demand made by the original
<br /> ! Harrower or Botrower�successors in interest. My forbeazance by Lender in exercising any right or remedy shatl not be a
<br /> . waiver of or preclude the exenise of nny right or remedy.
<br /> 12. Successors and Assigna Bound;Joint and 3everal Uability;Co-signere. Tho covenants and agreements of thia
<br /> � Security Instrument shall bind and beneSt the succ�ssors and assi�as of Lender and Borrower, sub}ect to the provlsIons of
<br /> i.�,f paragraph 17. Bon+owerg covenant� and ugreements ahall be joint end several. My Bomower who co-signs this Securlty
<br /> '�s�',�� Inst�ment but do�s not execute the Note: (a) is co-signing this Security Instrument only W moR�age,grant and convey that �
<br /> Bonowar'§interest In the Property under the ternis of this Security Instcument; (b)is not personally obligated to puy the sums
<br /> secured by thls Securiry Instrument:and(c)agrees that Lender and any other Borrower muy ugree ro extend,modify,forbear
<br /> _. t^ :r; or make any accommodations with regurd to the terms of this Security Instniment ar die Note without that Bomawer's _
<br /> -- '����;4; r,. consei3. Lua�Cltas�es. It'ilia!o�oecus�c3 by this Sectsrity Insitumeni ic 5���,jP��r�,a law which sets mnzimum loan .__
<br /> , ti� ..,�, :, � charges,and that law is finally interpreted so that the interest or other loan char�es coltected or to be coAected in connecHon
<br /> � r��t �' with the loan exceed ihe permitted limits.then: (a)any such loan charge shall be reduceci by the amaunt necessary to reduce
<br /> r " �' •� �i��"v-`� the charge to the petmitted 1[mi�and(b)any sums alrendy collected from Bormwer whlch exceeded permitted limits will be
<br /> '�.'� °�'��`.;:�r riefunded to Borrower. Lender msy choose to make this cefund by reducing the principul awed under the Note or by making a ,__—
<br />- ,�. �i t ' '� F d�ect payment W Borrower. If u refund reduces principal.the reducdon will be treated as a pa�tial prepayment wqhout uny =_.____
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<br /> ; ����;�,,.; ti,., prepuyment charge under the Note.
<br />=_ 14. Notioes. Any notice to Borrower pmvlded for in thls Security Instrument ahull 6e�iven by deltvering it or by `"�-
<br /> -•. i �.�. majlIn it b fast class mail unless A licable law uires use of another method.The not3ce shalt be dtrected to the Property ���
<br /> 8 Y PP re9 C::c�_.:
<br /> • � � Addmss or any other uddress Borrower designntes by notice to Lender. Any notIce to Lender shall 6c given by first class
<br /> muil to i.endar�address suued herein or uny other address Lender designates by notice to Barrawer. Any notice provided for " �
<br /> • �,. � ..t .� � in thie Security Inshvment shail be deemed to hove been �iven to Borrower or Lender when given us provided fn this
<br /> !�� s�r. paragraph.
<br />' iS. Coverning Law; Severabfl(ty. 'Ihis Securlty Instn�ment shalt be govemed by federal law and the !aw of the :��
<br />- ' , jurisdiction in which the Property Is locuted. In the event that any provision or dause of this Secudty Instrument or the Note
<br /> ".;ay�y�, conflIcts with appiicable luw.such confltct shall not uffect other provisions of this Security Instrument ar the Note which can
<br /> ' ''' -. be given effect withou[the confllcting provision. 1b this end the provisions of this Security Insuument and the Note are
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<br /> � ��=Y;;..-��- declared to be sevetable.
<br /> • y ?;""'�°r=-�� '� 16. Borrower's Copy. Borrower shalt be given one conformed copy of the Note nnd of this Securiry Instrument. �• ,;
<br /> '•^' �'��"•• • 17. 7Y�uasfer o!the Properry or a Beneflcial Interest in Borrower. lf ull or nny part af the Property or any interest in ..
<br /> q��'� ' it is sald or transferred(or if a beneficial interest in Borrower is sald or transferned and Borrowcr is not a nuarral person) '
<br />;+�.y �r.. ::',. .. ,� without Lender's prlor written consent,Lender may,at its opt�on,require immediate payment in full af nQ sums secured by
<br /> '`�- e��:�"'�:°�.��:-�' this Securiry Insdument. However,this option shull not be exercised by Lender if exercise is pn�hibited by federnl law as of
<br /> , � �•�,• the date of this Security Insuument.
<br /> �`��'����: • If Lender exercises thts option.Lender shall give Borrower notice of uccelerution. 'fhe notice shttll provide a period of
<br /> '� " not less thun 30 days from the date the nodce is delivered or muiled within which Borrower must puy all sums secured by this
<br /> � S�-� � Securi InstrumenG If Bonower fafls to a these sums rior to the ex iration of this dod,Lender mu invoke An
<br /> ���',?•,.;;�.. ty P Y P P l� Y Y ,
<br /> � �r�s;�•.. . :, cemedtes petmitted by this Security Insuument without further notice or demand on Borrower.
<br />, ,:-��; �:= 1& Borrower's fRtght to RetnstittM. If Borrower meets certnin conditions, Borrower shull have the right ta have .
<br /> . , '.=' �ti� enforcerrtent of this Security InstNment discontinued�t uny time prior to the eariier of: (n)S days(or such other pedod as
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