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<br /> s}tull tre�aiii tu l.en+ier.
<br /> — - In �Ye cvent c�f u totatl cakin�, of thr.P��►eny, �c� pra:eecjs Khttll l� u}t�,�lied t� U►ep wus secur�d l�y Ih(s �y�ty
<br /> lnstnimer�t,:'whe.ther or nut tha�due,with ue: LX►.CSS alc�u� �ux•rowc:r. i►a dte cvc�u of a artixl takin uf ehc 0'r� n in _
<br /> which tfie fair mark�t vblua uf�I�e P m p G�y i�rr.mr.diately befnrc:ihe tak'rng is cqual to or grceter tha��the amount of the sunSS
<br /> _ _ _ .__ur•_c3 6y!hi�4•>�'e�rity h��tr+;�r�ent hnn�edicUcly lx�fore tGc r,ikin�,uni�:ss;[3oriawcr nn:1(..ci�d�r otherwise�gree in writinn>
<br /> the sumv se,cured by�hts Sa:urity �nstrumcnt Rhal1 bo reJuced by Ihe s:mount nf ihe proceeeis muf+ipi�e::Ly t+�::f:�'vJi���
<br /> f'ractia�r (s)ihc twol amnunt vf thc sums srcurcd immed3arely before the ts�king,divI�ed by(b}the fuir murlcet value oi tho
<br /> Propeity immediatr,ty befUec ohc takin�. Any nalancc shutl tse paid tu Barrower. (n Ihe event of�parti�! taking nf'tl�e
<br /> Qmperty in which the fair rnurk�t value of the Praperty immediately befune the taking is Icss than thc nmount oi the Aums
<br /> securr�d immediately bcfore�hc taking, untess Borrowar and Lendcr otherwIse agree in wdting or unless appllcsible law
<br /> otherwise providcs,thc procccds sh..l!�c apptied ro thc sums securcd by Ihis Security Instrumene whether or not thc sums are
<br /> - --- ° thcn dua.
<br /> If t!�Property is ubandoncd by Borrowcr,or if,after notice by i..endr.r ro Bo►rower that the cnndemnor ofien tu muk�
<br /> un award or settle a claim for damages,Borcower faila to respond to I.c:ndtr within 30 dnys after the date the notice is given,
<br /> — Lender is uuthorized to cullcct and appty the proc¢eds,at its option,eithcr to restor�timi or repair of the I�ope�Yy ar to the
<br /> — sums securcd by this Security I��strument,whether or not then due.
<br /> ---- Unless L,ender and Dorcower otherwisa�gree ia�vriting.any application of proceeds to principal shall not extend or
<br /> — postpone the due dute of the monthly payments refen�ed to in paragraphs l and?,or change the amount of such payments.
<br /> 11. Borrower Not Reteascd; Forbearwnce Fly Lender Not a W�iver. Extcnsion af the time for pnyment or
<br /> ' modificatian of amorti7ation of the�unis se+.ura.�6y this Sccuritg•inst:ument granted by Ix.nder ta nny successor in int�rest
<br /> of Honower sliall not operate to nelctise tl�e liabi➢ity of thc original BoRawer or Horrowcrs successors in inte�st.I.,ender
<br /> - shal!not be required to commence procecdings against any successor in interest or refuse to extend ti�ne for payment ar
<br /> —_— othe�wvise modify amortizltion of the sums secured by this Securiey lnstrument by reasan of any demcnd made by the original �,___
<br /> - Bonowrr or Horrower's successors in interest. Any fort+earance by Lender in exercising any right or remedy shnl� not be a
<br /> waiver of ar preclude tha exercise of nny riglit or remedy. -
<br /> � 12. Successors and Assigns Iiound;Joint�nd Seve��nl LRability;Ca-signers. The covenants aiid agrcements of this �_
<br /> Security Instrument shall bind und benetit ehe successors and nssigns of Lendcr nnd Barrower, subject to the provisions of
<br /> p;uagraph 17. Dorrower',s covenlnu and ngreemenGS shall bc-j�int aud several. Any Borrower who co•signs this Security
<br /> Instrument but docs not execute the Note: (a)is cu-signing this Security lnstrument only to mortgage,grant and convey thnt
<br /> Borcowcr's interest in the Propeny under the terms of thi�Security lnstrumenr, (b)is not personally obligated to pay the sums _
<br /> --— secured by this Security Instrument;artd(c)agrees that Lcnder and any other Borrower may agree to extend,ntodify,forbcur —_
<br /> ---_----— or make anv accommodations with regatd to the terms of this Sccunry Instrument or the Note withnut that Borrowers �.^_
<br /> —__ consent. —-
<br /> -- 13. Loun Charges. If the loan secured b,y this Secu�iry Instrument is subject to n law which sets mnximum loan
<br /> =- -- charbes,and thnt law is finally interpreted so that the interest or other loan charges collected or to be collected in cannection _
<br />��'!� with the loan exceed the�rtnitt�d limits.then: (a)any such loan charge shuU be eeduced by the amount necessary to reduce
<br />�-_--- the charge to the permittcd limit;and(b)any sums ulma�y collected from Horrower which excecded permicted limits will be _
<br /> --�� refunded to aorrower. Lender may�hoose to make this refund by rcducing the princip3l owed under the Note or by making a ��.,.
<br /> -.._.� dircct payme�t to Borrower. If a�efund reduces principal,the reductaon will be trcated as a Rartial p�puyment without nny �,
<br /> _____._�. prepayment chiuge under the Note. ��'��
<br /> _,����:�.�.� 14. Notices. Any notice to Borrower provided fc�r in this Security Instrument shal! be given by delivcrin�it or by �,
<br />___�..._� mailing it by first cluss mail untess npplicable law requirrs use of:tnother method.The notice shall be directed to the Property ��T__:
<br />--_°� -�-:-�+ AdJress or any other address Borrower designates by notice to Lendcr. Any notice to Lendcr shall be givcn by first class .
<br /> = =— mail to Lender�s lddress statcd herein or any ather address Lcnder dcsignates by noticr,to eorcower. Any notice provided for
<br /> ___-�""'" in this 5ecuriry insuument shnll be deemed to havc bcen �iven to Borrower or Lcnder when given as provided in this .
<br /> ._.=uz,� P•'�rab'mPh• •j
<br /> �=�_;r•,�� 15. Governin� Laav;Severubility. 1'his Security Instrument shull be governed by federal Inw and the law oi th,.
<br /> _--�__,.,ti jurisdiction in which the Property is loeated. In the event thnt eny provision or cluuse of this Securiry Instrument or the Note
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