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<br /> c�ndemna3lon ar ather tn�in�af any pur��P ths I�r�ixriy.ur fnr�onveyunce li�lieu•nf ca mnatiun�ure i�rreby a�yig��d�x1
<br /> shal!lxe paid tu l.end�r.
<br /> In the event u6 a twel twking of tt�e Pr�ny� tfr� pru+:etQs aha11 ba applied ta the sums aecured by thlx Securiry
<br /> Instnsmcnt.whethcr ur a��t then duc,witi►any cxcc�ss puld to�iarrnwcr. fn t1�c cvent of a putiAt taking of the Qraperty in
<br /> whkh the f�ir mukct value oY thc P�a�xrty immediNtely Hefo��he t�lctng ia eyuAl tu or grcatar than ttw Amount uf the aumi
<br /> recure�by th�.9 Secudry Instnemrnt imnKdiatety before tha taking,u�less Botrower and f.ender otherw{se agrce in wrldn�,
<br /> td�:�ut��s:.ccttr�.d by thls Sccurlty Instturas`nt tthull bs�+Ct!uet'c�l hy Ihs mm�nnt nf�he�ntocetAs rttaltiplled by the fo1lowln�
<br /> fractton: (a)the toml amount af t1b eums r+ecured imrt�cdiatdy befot+e the takEng,divided by(b)tho fair muket value of the
<br /> Plroperty immcdinuty befar� the taking. Any batuncc xball bc puid to l3orrowcr. ►n thc event of a partial �aktng of tho
<br /> Proprcty in witich tha fair markei value of the Property immediatcly heforo t!w tuking is I�s tttan the nntount of the sume
<br /> secured immediately befate the taking,unitss Botrower and Lender athetwise agrce in writing or unless applic�bte law
<br /> otherwi�;c provtdea.the proceeds shnll f�e upplitA to thc sums secured by thix Secudty lnsaument whether or nat the sums arc
<br /> then due.
<br /> Ii tP►e Ftoperry!s abandoncd by Bar�ower.or if.utter rtolice by Lender to Barrower tdnt We condemnor�ffera t�mnke
<br /> nn nward or senle u cluim for damogk�.Oorrower fuila to respond to Lender wlthin 30 duys after the dute the notica is gi�•en,
<br /> L.ertder is authorl�ed to collect nnd upply the proceedx.ut its opdan.etther to re�torndon or nepair of the Prope�ty or to the
<br /> sums secured by�his 5ecurlty In.cuumen�whether or not then due.
<br /> Unless l.ender nnd Borrower mherwlse ogree�n wddng. any appl[cudon of procceds to principul shall not extend or
<br /> postpone the due dute of the monthly puyments refemed to in paragrnphs t and 2 or change the amount of such puymcnts.
<br /> I1. Borrower Not Relcased; Forbearance By I.ender Not a VYai�er. Bxtension or the time for puyment or
<br /> modificatton of umonization of the sums secured by this Securiry lnst�ument gmnted by Lender to nny successor ln tnterest
<br /> nf Borrowet shnU not opemte to rclensc the�inbflity of the originai Aomnwer or Bormwer's suocessorx in intCres�I.endtr
<br /> shall not be c�equired ro�ommence praceedtngs agninst nny successor in intetest or refuse ta extend time for payment ar
<br /> atherwise modify aenoRization of tlte sums srcured by this Secudty Instrument by renson of any demu�ed mnde by the originsl
<br /> Borcower or Borrowerk successors�n interest. Any forbeumnce by Lender in exer�cising any right or remedy sh�il not be a
<br /> waiver of ar p�ciude the exereise of any right or mmedy.
<br /> 12. Successors and As4fgns Bouad;doint end Several �.labil[ty;Co-slgnera. The covcnant�anA agreements of thi�
<br /> Securiry Insttument shull bind and benefit the successors and assibms of Lxnder artd Borrower.�ubject to the provisions of
<br /> pma�raph 17. Botrower's covenants and ugnzemen4s shail bo joint und scveral. Any Borrower who casi�ns this Sece�rity
<br /> Inswment bat does not execute the Note: (a)ls co-si�ntng this Security Instrument only to mortgage.grant and convey thut
<br /> Borrower's Ir►terest in the Properry under the tcrms of this Serurity[nstn►men� (b)is not personaily obliguted to pay the sums
<br /> • r,�red by this Sec�uity Instnunent;a�id(c)ngrees that Lender and Any othcr Borrower may ogree to extend,modify,fotbeAr
<br /> ..� "�'� ;r, or make any uccommadations with�+egurd to the terms of this Security Insuument or the Note withont that Sotrowert
<br /> _ �.�nce.nt.
<br /> 13. Loan Cha�es. If the loan secureci by this Secur�ty Instrument is subject ro a lnw which seGs maximum loan
<br /> {+ char�es,and that law is finnlly lntecpreted so that the interest or other loan charges collected or to be collected in connection
<br /> ,�. i�r . with the loan exceed the pemnftted limits,then: (a>any such loun charge shall be reduced by the umount necessary ro reduce
<br /> ps���"rt. the chutge to the permitted limit;und(b)nny sums atneady collected from Borrower which exceede�d permitted limits will be
<br /> , ,,K ceftutded to Borrower. L.ender may choose to muke tbis nefund by reducing the prinetpal owed under the Note or by making a
<br /> � ,;t� •"�' s.;.::.;�: direct payment to Bomower. If u refund reduces principal,the reduction witl be trcuted as a partiul prepayment without any
<br /> �''+�ATd�?�'.. prepayment charge under the Note.
<br /> � 14. Noftces. My natice to Borrower provided for in tt�is Security Inswment shull be given by delivering It or by
<br /> `�:?t�`"°'`y'k?R�,_ mailIng it by first closs mail unless applicnble luw requires use of another method.The notice shull be directed to the Property �
<br /> _ _ Addzess ar any other eddmc�R�rmwer designates by nouce to Lender. My notice to Lender sh�ll be�iven by firat dess �;;;;
<br /> �� meil to Leader's address swted herein or any other uddress Lender designates by notice to Borrower. Any notice provided for '�ti
<br /> �':=�`� in thls Sc�curity Instrument shatl be deeme�l to have been �iven to Borrower or Lender when given as provtded in this ?=;
<br /> ' � P��Ph• �;ai.�
<br /> ti, �.°'` 1S. Coverning Low;Severabitity. 'It�ts Securlty Instrument shull be govemed hy fedeml law and the law of the
<br /> '��""�"�' jurisdicdon in whtch the Property is Iocated. In the event that any provision or clnuse of this Securiry Instrument or the Note �
<br /> � "`� aonflicts with nppUcabie Istw.such confltct shall not uffect other provisions of this Security Instrument or the Note which can
<br /> �f>"���..�:���i, be given effect without the confllctin�provision. 'Ib this end the provisions of this Security Insuument and the PTote c�re -
<br /> ,y,�;,-:-..,,. ,.
<br /> a _.,.. :. decl�red to be severable.
<br /> .."'r=;'.: 16. Bort+ower's Copy. Borrower shall be�Iven one rnnfom►ed copy of the Note ttnd of this Security Instcument. .
<br /> �•�:�,�:, � � 17. 'tiransfer of the Property or u BertefEctal Interest in Borrower. If nil or any part of the Property or any interest in
<br /> • ;,� it ia sold or uansferted(or if a beneHtial interest in Bor�ower is sold or trsnsferred und Borrower is not u nattual person) ���.
<br /> . • without Lender`s prior written consent.Lender may.at its option,require immediute payment in fuli of ull sums aecured by
<br /> ��' ,' = this Securiry Instrument. However.this aption shall not be exercised by Lender if exercise is prohibited by federal Isw as of
<br /> the date of this Secwity Insaument.
<br /> , If Lender exercIses this option,Lender shall�ive Botrower noiice of accelerntion. The nodce shull provide a period of
<br /> • , not less thsu►30 days from the date the notice is delivered or mailed within whlch Borcower must pay nll sums secured by this , .;;
<br /> �:-��,.'�� .. = Securiry [nswment If Borrowet fnils to puy these sums prior to the expiratlon of this period. Lender may invoke uny
<br /> y`` remedies pecmitted by thIs Security Instrument witl�out fiuther notice or demund on Borrower. '��
<br /> ..��� � 18. Bon�owe�'s Rlght to Reinstate. If Borrower meets certain conditions. Borrower shall huvc the right tn huve
<br /> " � enforcement of this Security fnsuument discontinued at nny time prior to the earlierof: (a)S days(or such other period as
<br /> t'�• . Sing�e�amlty--FLrmk MadFYKldte Mae iJN1FORM INSTRUMENT•-Unifortn Covenancs 9/90 f/wga 4 njb pagral
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