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<br /> cuttdciunatloy�ur ullir.r lnking uf nny pari oP ihe{fiupcti�+.ur for conveyiunc i►�Ifcu��f c�}ndcmniUi�n,nrc hcrcby assi�ncd ai�d
<br /> i nht►11 i�e pu►td tol.c��dcr.
<br /> J In tho uvens of u t�atol tnking of' the �'roperty. the pnxecdw shait iro applied t� the suma necurcd by this Secudty
<br /> IInrtrumcnt,wh�thcr ur nat fi�n due,w9th u»y excess pald to porrower. In th4 cvcnt of n partiul ttiking of the Praperty in
<br /> , which the fuir market valiic a�Y the Propecty immed,iatcly before thc tuking is equnl to or greater thun the umaunt of the sums
<br /> � secured by thie Securllty Instsument immedintely before the tc►k[ng,unless Burrower nnd Lender otherwise agi+ec in writing,
<br /> � the suma secured by this Seci►rity [nstrument shall be reducecl by tini nmount af thr.proceeds multiplied by the faliowing
<br /> fruc�tiun: (a) d�e towl um�unt ot Ihc suiois secur�;d immedintely before the tnkfn�,divide�i by(b)the fuir mnrket value of the
<br /> iProperty immediately bofarc the taking. Any balanct ahull be puid to Horrower. [n the event of u partial talcing of the
<br /> � Prapert,y in wMsh the fuir marlcet value of the Propeny immedintely before the tnking is less than the umount of the sums
<br /> secured Immediutely before the taking. unless Borrower und Lend�r othen►4se ugrce in writing or unless uppUcable law
<br /> otherwIse provldes,the proceods sh�ll be appQed w the sums secw+ed by this Secu�ity Insuument whether or not the sums sire
<br /> then due.
<br /> If ihe Property is nbandoned by Bortower,or if.ufter notIce by Lender to Borrower that the condemnor offers to rnnke
<br /> an awurd or settie u cl�im for dumages; Borcower fails to respord ta Lender withtn 3fl days after the date the notice is given.
<br /> I I.ender!s authorized to coUect and apply the proceeds.ut jts Q�?fon,elther to restaration or repair of thc Property or to the
<br /> sums secured by this Securiry Instrument,whetNer or not then due.
<br /> 1 Unless Lender and Borrower othenvise pgree in writing,any applicution of proceecls to principal shull not extend or
<br /> postpone the due date of the mont�ly payments rcfetred ro in paragraphs 1 and x or chun�e the amount of such payments.
<br /> � lt. Borrower Not 1deleated;Fatbesraace By Lender Not a Walver. ExtensIon of the timo for payment or
<br /> modificntion oP amortlzation of the sums secured by this Securiry Inswment grnnted by Lender to any successor tn�ntemst
<br /> 1 of Horrower shall nat operate to relense the liability of the original Borruwer or Borrower�successors in iateres�Lender
<br /> shall not be mquired to commencc proceedings against any succeasor in interest or refuse to extend time for p�yment or
<br /> : otherwise madify amoitizadan of the sums secured by thls Secur�ry Inswment by mason of any demand made by the ori�tnal
<br /> ' Borrnwer or Borrowerb successots in interesG Any forbearance by Lender in exercising any right or remedy shull not be a
<br /> waiver of or preclude the exercise of any right or nemedy.
<br /> ,� 1�« Successors and Assigns Bound;Joint�and Several Lfability;Co-signers. Tt�s oovenanu and a�reements of this
<br /> Secusity Instrument shatl bind and benefit the successors and aseigns oP Lender and 8onowar,subject to the provisions af
<br /> paragraph 1'7.Bo�rower's covenants and n�r�ements shull be joint and several.Any Borrower who caslgns this Security
<br /> Insttument but daes not execute the Note: (a)is casignlns this Seeurity Instcument only to mortguge.�unt und convey that
<br /> Borrower's interest in the Property nnder the terma of this Securiry InsUUment; �b)is noi personully obligAted to pay the sums
<br /> � secured by this Securiry Instrument;and(c)agrees that L.ender und any other aorrower may ugree to extend modify.forbear
<br /> in� �
<br /> or make nny accommodations wtth negard to the terms of this Securlty Instrument or the Note without that Borrower�s ,�
<br /> consenG
<br /> !3, L�sn�l�g�. If the laan �?�'!�sed by thi� Security Instr�ment is subJect to a Inw which sets ms�ximum loan
<br /> charges,t+nd thst Inw is fmally intetp�eted so thnt the intemst or other lqan chArgec collected or to be collected in connection
<br /> with the loan exceed the permitted Umits,then: (a)nny such loun charge shall be redaced by the amount necessary to reduce
<br /> the cP�urge to Ihe permitted limix and(b)any sums ulready collected from Borrower which exceeded pecmitted limi�s will be
<br /> refunded to Borrower. Lender may choose to make this refund by ceducing the principnl owed under the Note or by making a
<br /> direct payment to Borrower. If a refund reduces principal,the reduction will be treated a+u partial prepuyment w�thout uny
<br /> pr�epayment charge under the Note. �::"
<br /> 14. Notices. Any notice to Borrower provided for in this Security Instrument shall be given by dclivering it or by ;�
<br /> mailing tt by first class mc�il unless applicubte luw requireti use of unother method.The nottce shall be directed tu the Property �r.�'
<br /> Addresa or�y other addmss Borrawer designates by nutice to Lender. Any notice to Lender shall be gtven by tirst clati.r• ;-�
<br /> mail to Lender!�lddroess stated herein or uny other addrexs Lender dexignutcs by notice to[iorrower. Any natice provided for s�
<br /> in this 5ecuriry Instrument shall be deemecl to huve been given to Borruwer or Lender when given ati pr�vided in this '
<br /> ParaBmPf�.
<br /> IS. Gflverning Lew; Severu6ility. This Security Imuument shal� be�ovemed by federat luw snd the�uw af the :
<br /> jurisd[edon in which the Property is located. In the event that any provision or ciause of this Security Instrument or the Note � -
<br /> conflicts wlth applicubte law.such conflict shull nat Affect other provisions of thiti Security Insaument or ehe Note which can ' '
<br /> be given effect without the conflicting pmvision. 'Ib this end the provisions of this Security Instrument and the Note:n+e "`''
<br /> declared w be severnble.
<br /> 16. Borrower's Co�y. Borrower sh�ll be given one conformed copy of the Note nr►d of this Security Inswment.
<br /> 17. 7Fansfer otthe Property or A BeaeRctal Interest[n Borrower. If all or any part of the Property or any interest in
<br /> it is sold or hansfemed(or if u beneficial inter�t in Borrower is sold or transfemcd and Surrower i+not a natural person)
<br /> without Lender's priur written consent,Lender may.ut its option,require immediute payment in full of al!sums secured by
<br /> this Seiurity Insttument. However,this aption shalt not be excrcised by Lender If exercise is prohibited by federal taw as of
<br /> the date of this Security Insuumen�
<br /> If Lender exe�cises this opdon,Lender xh�li glve Borrawer notice of acceleration. The notice shall provide a periad�f
<br /> nut less than 30 dnys fivm the date the notice is delivered or mn[led within which Borrower must pay alt sums secu�d by this
<br /> Security Instniment If Borrower fnils to pay these sums prior to the expiration of this period, Lender may invoke any
<br /> � r�medtes peimitted by this S�urity Instn►ment without funher notice or demand on Bonawer.
<br /> 1.& Borroveer's Right to Reinstate. If Botrower meets cxrtain conditions, Borrower shnll huve the right to have
<br /> enfurcement of tfiis Securiry Instrument discondnued at any time prior to the earlier of: (a)5 days(or such other period a,
<br /> , Single Fnmily--�annte M¢elf�ti+eddle Mnc UNIFORM INSTRUMBNT--Uniform Coven:v+ts 9l90 �paRS d ojn�wx�¢es►
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