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<br /> caldernaation ar athCr t�Scing uF uny p;jrl of tltc Pra�rry.or far core�oyanc�in tleu of c��ndem�istion,arc 1►aceby�siga�ed nnd �
<br /> Fhali bc paid.to[.ectder.
<br /> [n the aveitt of a wW t�king,of thc Propce}+.tt� procee� shali bo appiied to the sums sec►rred by this Sacurity
<br /> Instrament.Mhathsr or�tot thai due,with any excear p�i�w�orrower. In the event af a pa�tid tal�in�ot tht Propat�in
<br /> whish the fair mwrlcet value�of the Property imm�diately bcfa�e the takin$is oqual to ar gc�ater d►,n the�nount of the xcana
<br /> aecured by this Srcui�ty Ineutun4at imrt�ediauly befare the taking.w1k�a Samwer u�d I.endee oohawi�e +�nee in wriw�.
<br /> the sum.a secured bY�►���►ty Instrument shal!Ize�zduced by the anwunt of the proceeds multipital 6y the faUowing
<br /> fractian: (��t1�c wftl auaunt of tda sums ae�urod�nttnec�ivaiy befure Q�e taking.divicied by(6)the f�ic�+rs.ct v�1u„w'Qti
<br /> Prupeity tmmodia�ely befare the taking. Any balence,sh?ll be paid w B�rmwer. In tho event of a p�rtia talat�. �i►f tha
<br /> Propeny in.Whiclt the fair msdcet vaIae of the Propeity immediQUly beforo thc taktng is less then the amaunt of�sums �
<br /> aecunA immedi�tely beforo tde tnking,unlegs Bormwer and Len@er atherwise agra in writing or�nitss apptic�6k law
<br /> atxswIse provides,tbo proceeds shall bt applied to the sums securtd by this SecurIty Instiument wt►etla�r ar rnbt thc sum.4 ane
<br /> thcndue. � •. '�:.
<br /> If the Property Is abandoned by Borrower,or if,efte;xreiti�ae i+y I.tsnder to$atrnivsr that the candemnor afforiC:ta maka
<br /> an award or settie a claim for damages.Bormwet fails w respond to Lendar within 30 days nfter the date the notii+e•is given,
<br /> Lender Is authorized to collect and apply the prc�cceds,st its opdon.aitber to restaratton or repair of the Roperty or to tbe
<br /> sums sccured by thie Securiry Instnunont,whe�her or not then due.
<br /> Unless Lender and Harower othenvise agiee in wridag. any npplication of proceeda to principal shail not extec�d or
<br /> postpo�ttee due date of the monthly payments referred tA in paragraphs I and 2 or chnnge the wr�ount of sucd payments.
<br /> 11. �crower Not Rdeased; Fbrbearance By i ender Not A Wdver. 6xtenston uf the time for p�ycnont or
<br /> modiCcation oi amorti�.ation of the sums secured by this Security Insuument granted hy l.enckr to Any Auccesso�ln intecrst
<br /> �f Basro��ier nbAlt noe operate to Eriee�r the Itability of the ariginal Bnnnwer or Borrower's succeasors in intsrest.I.�entkr
<br /> KhaH not be rcquirai ta commence praccedinga against any succrssor tn Intercst or refuse to axtend time for payment or
<br /> othcrw�se mud3Cy amortitation of the c;umr tiecured by thts Security Insuument by rcuson of nny demand made by the arig[nal
<br /> 8orrowcr nr BonowcrW successorv in intcrefit. Any forbeamrtco by Lender ln excrcising any rlght or remedy shall not be u
<br /> waiver af ar ptecludo tho oxcrcieio af any dght ot rcmcdy.
<br /> 12. Succeasore�nd Atr�iRn.�IHwndt Jolnt ond Sevenl UnbQtty;Co-signere. The covenanis nnd agaements oP thIs
<br /> Skcuriry Insaument ehull bind urni benefit the successors and a5sigrts of Lender und Boirower.subject to tho pmvisian.s of
<br /> paragrnph 17. Barrowerk covenAnte nnd agreemen49 shail be}oint and r,evernl. Any Bnrcower who casigns this Securlty
<br /> Insuunxnt but does aos oxecute the Note: (a)ix caslgning this Security Instrument anly to mortgpge.grant and convey that
<br /> Bonvwerb intercfit tn thc Property under the¢erms of this Securlty Instrument; (b)is not personolly obliguted w pay the sums
<br /> secured by this Securlry tnstrumen�und(c)agnees tlwt L.ender and i+ny other Borrower muy agree to extend.modify.forbenr
<br /> ar make any accommodntlons with r�egad to the terms of this Security Instrument or�the Note without that Borto�ver�
<br /> consent
<br /> Y3. i.vrn if tite toan sa:urai by th{s aectuity instium�i is suh,�Cxt ta a!aw uhiclt�msxisntuss losn
<br /> u
<br /> charges,and thut law s finaUy interpmted sa thut the interest or other loan charges collected or to i�e collected in connection
<br /> with the loan exccxd the pem►itted limits,then: (a)cu�y such loaa ch:uge ahall be reduced by the amount necessa�ry to reduce
<br /> the charge to the permitted limi�and(b)any sums already collected from Homower which eaceeded permltted limits.will be
<br /> refunded to Borrower. Lender muy choose to make thls refund by reducing the principal owed under the Note or by making a
<br /> dinect payment to Borrowee If a cefund reduce.4 principal,the ceductlon will be aeated as a paraal prepayment witttout any
<br /> prepayment cdarge under the Note.
<br /> 14: Notice9. Any natice to Bonrower provided for in this SecurIty Instrument shall be glven by deGvering it or by
<br /> maiifng it by first clogs mail unless appGcable luw requi�s use of another method.'fhe notIce shall be dis�ect�od to the Properiy
<br /> Address or ru►y other address Bocrower deslgaates by nodce to Lender. Any notIce to I.eader shall tse given by first class
<br /> mriil w Lender�s addness stated herein or any other address Lender designutes by nodce to Borrower. My norice provided for
<br /> in thjs Security Inst:ument shall be deemed to have been glven to Borrower or L.ender when given as provtded tn this
<br /> p�15�(".overn[ng Law; Severabtlfty. This Securlty Instrument shall be governed by federal luw arzd the law of the
<br /> Jurisdiction in•which the Property is located. In the event that any pmvision or clause of this Security Instrument or tNe Note
<br /> conflicts with appltcable law�such conflict shall not affect other provislons of this Security Instrument or the Note wtuch cnn
<br /> be given effect.wldtout the conflicting provision. 'Ib ttnia end the provisions of this Security Instrument and the Note are
<br /> declarod to be sevetable.
<br /> ld. Borrower's Copy. Horrower shall be given one conformed copy of the Note and of this Securiry Insuument.
<br /> 17. 'll�nster of the Property or a Beneflcial Interest in Barrower. If all or any part of the Property or any interest in
<br /> it ia sold or transferred(or if a beneficial interest in Borrower 3s sold or cransferred and Boirower is not a natural person)
<br /> without Lender�s prior written wnsenG Lender may.nt its optton,require immedi�te payment in fuil of ail sums secuned by
<br /> this Securlty Instrumen� However.this aption shall not be exenised by Lender if exereise is prohibited by federal law as of
<br /> the date of this Security Inswmen� �-
<br /> If Lender exe[cises this opdon,Lender shssU gtve Bormwer notIce of ecceleratIon. The notice shail provide a period of ���
<br /> not less than 30 days from the date the notice is delivered ar maile�within which Borrower must pay all sums secured by this
<br /> Security Insuument. If Borrnwer fails to pay these suma prlor to the expiradon of this period. Lender may invoke any .;�
<br /> remediespem�itted by thta Security Instrument w[thout further notice or demund on Bon+ower. ;:�-
<br /> 1& Borrower's Rig6t to Retnstnte. If Borrower meets certain conditions. Borrower shall have the right to have -�.-
<br /> enforeement of thls Securl �nswment diswatinued at an time rior to the carlier of: (a)5 da s(or such other riod as %``''"
<br /> ry Y P Y Pe �:�c.'.
<br /> S[ngle i�mUy-6ynnk MadFlydAie Muc UNIF'ORM INSTRiJiYIENT-Unifortn Covenmts 9190 �page 4 oj6 poge.r) i.;�`�
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