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<br /> _�-a--- �llsat;�n�'c cnds in ill'COff�;11cr,�vl�li tiuy w�•it�c.t(t�!1'CCIilCitl IM.[K'Ci:ll I;��Iie�wf,?:lil(Z�,Clii�t°-X OP fi(1�3��C:1�3�C�e��V. ._..'"
<br /> __---- 9. lusdx�:ttnu. �siidcr ur!tv ar;ent n�a.y inxkc re:a•:e�i�at�le eutri"S ll(HIII ftIIII Itl5�1CC9iunv uf tt�e P���tiperty. Y.c�xici•�+�'w!1 gi�e
<br /> Horrnwer notice at the timc of e�r prior t�►un in�patl�m speac;l(psiag rsaa.nahlu cuuse fur ehe iAis�tiun.
<br /> — l0. Condemm�tlm�. Tl�c prn�ceds of uny aN�.�ri1 ar clai�ii fur d�unagr�, ilirCSt ci�'c+�nsoyurntinl, in t�nnecttnn witis uny
<br /> _ -- -_ . r ,+_ ..�i i �r, ,. ucc�cyw.f}nv�
<br /> � ca�xlemnatian or othe�•taking nf c+ny pun ai Uta e'mpeny, ur nrr�.�,�vdy����.:18� li.�a c:9 c:;+:.:_rr,n....at.. s'S .r��y _
<br /> �hull bc pa�d to i.ctxlcr.
<br /> — 1�tlie event af n total tukin�af the Pruperty,the[�ruceedti shall b�appfie�l to 16c tiunts securad by�his Se�uricy iit:�tra�meM.
<br /> whethcr or n�t tt►cn due, with any exr.ess paid to Bormwer. In ihe event of a pa�yirrl.i tabting oP the�'roperty i7 which the.� ti�ir
<br /> n�arkct vulue os thc Yropcny ienmodiatsly beforc the taking is aqu�l�o ur�re.uter Ihan thti amount of the sums s�curai by thix
<br /> — Sccurity Instruznent immediately befor�thc t�king,unless i3a.rrower a�ul L.encicr otherwise agree in writiug,the surns secured by
<br /> ---.-__., -:, _ ,._.�
<br /> this Sec:urity Instrument shall bc re�luced by tne amour�t of �3ie p���c:cz:dn rauliipficr!by th� follo�f':no fra�t?on: (n) 4 e t __
<br /> antiount of the sums securod immaliately before the taking,divideA by(b) the fau•markct v�lue of ihe PropertY immediately
<br /> befure the t.�king. Any balance st�all be �aid to Borrower. In the eve�t of n partiul talc�ng of the Property in��vhich the fur
<br /> markc4 valu�of thc Property inuncxliately beforc thc u�king is lcss than the umaunt of the sams secured imn�ediztcly before ahe
<br /> ta}:ing, unless Bonower and Y.ender c�therwise agree in writing or unless applicable!aw o�t�erwise praviclea,the pnrce�cls st►aU
<br /> be upplied tm the sums secured by this Securiry Instrument whether or not the sums are then due.
<br /> --- If the Nrope�ty is�har�oned by Borrowar.or if,aRer notice by Lender to Borrower that the coiuicmnor offcrs to m�ice an
<br /> award or sc:ttle a tluirrx fur damuges, Bocrouer fails to respand to I.ender within 30 days attar the date tna noiia ib gi���i.
<br /> �� I�nder is authoriud to collect and apply the prn�eeds,at its option,eitl�er to restoration nr repair of d�a Propercy or to the sulns
<br /> secured by this Security Iiutrument.whetl�ee or nat then due.
<br /> Unless Lcnder aixl Borrower otherwise agree in writing,any application of ptoceocis to peinci�sl shall nat exteod or
<br /> postpone dte duc date of�he manehly payme nts referred to in paragrap3�s 9 nnd 2 ar change the amount of such payments.
<br /> 11.Bo�rower Not Relcased;Forbeat�nce By I.ender Nat a�`�'aiver.E+xtension of the dme for payment or modife�ation
<br /> of amortization of the sums securcd by this Security Instrument granted by Lcnder to any successor in interest of Borrower�hall
<br /> nat operate to release the liability of the or�ginal Borrower or Borrower's successors in i�terest. I.ender shall not be roquired to
<br /> commence proceedings against any successor in interest ur refuse to extcnd time for payrn�nt or otherwise iTadify amortizetion
<br /> _ — of the sums secumd by this Security Instrument by reason of any demand made by thc original Borrower or Borcower's
<br /> --� - - ������.��:nrc io incerest. Anv forbearance by Lender in cxercising any right or remedy shall not be a waiver of or preclude the
<br /> _ __--__= exercise of any right or remedy.
<br /> __�'" ,�"�.�.;� 1�. Succcxsors and Ass9gns BQUnd; Jaint ond Sevc�al Liubility; Casigners. Tl�e covenants and ngreements uf this
<br /> �-;-�;,���;;� Securiry Instn�ment shall bind and beneftt the successors and assign� of [.ender and i3orrower. subject to the provisians of
<br /> -`- -�,._;_� paragraph 17. Borrower's covenvits and agreements sh�ll be joint a,�d several. Any Borrower�vho co-signs this Securi2y
<br /> �=°-°�'��t�l Instrument but does not execute the Note: (a) is co-signing this Security Instrument only to mortgage, gr.tnt anci convey tha4
<br /> _�-���� B�escower's interest in the Property under the tcrms of this Security Instrument; (b) is not personally obligated to pay the sunLs
<br /> ,_�,,,..,.;�,,,��� accured by this Security Instrument:arid(c)agrcxs that Lender nnd anv other Bonower may agrec to extend.malify,#'orbear or
<br />-•rm.3��'�?��'4� make any accommodations with regard to the terms of this Security Instrument or the Note without that Borrow�r's consent.
<br /> -� ��'"'"�'� 13.I.anra Charges.If the loan secured by this Security Instn�ment is subject to a law which sets maximum loan eharges.
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<br /> -----____ and that law is �nally interpreeed so that the interest or other loan charges collected or to be collected in connection with the
<br /> -~�� _---�=�- loan exceed the permitted limits, then: (a) any such laan charge shall be reduced by the amount necessary to reduce the cl�arge
<br />_-_,.,�,�,1z�-� to the permitted limit; and(b)any sums already collected from Borrower which exeeeded pertnitted limi�ts will tze refunued to
<br />�°���;;=:'„%"� Borrower. l.snder may choose to make this refund by reducin�the principal owed under die Note or by mafcing a direct
<br />�'��M"-°°"'""'-'� payment to Borrower. If a rcfund reduccs principal, the rcduction will be treated as a partial prepayment �vithout any
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<br />-:,-,:..�,;�:�.. .. •" prepayment chargc under the IJotc.
<br /> - '```t`"��''•"- 14.Notices.Any notice to Bono��+er provided for in this Security Instrument shall be given by delivcring it or by mailing
<br /> :�f.t� .� „••-:•�.�;,
<br /> �• � it'oy first class mail unless applicable law reQuires use of�nothej•method. The notice sh�1l tie directed to the P:operty Address
<br /> __ , , ur :uiy other address Fsorco�ver designates by notice to Lender. Any notice to l,snder shall be given by frst class mail to
<br />- `_ • I..ender's address stated herein or�uiy other address Lender desi�nates by notice to Bonower. Any notice provided for in this
<br /> -="H . Security I►estrument shall be decmed to have becn given to Borrower or Lender when given As pro�icicd in this paragraph.
<br />�,�';;;',• " "' 15.Governing La�v; SeverabSlity. This Securiry Instru�nent shall be governed by fedcral (aw and thc law of tlie
<br />=������ jurisdiction in �vhich the Property is locatp..d. In the event that any pn�vision or clause of this Security Instntment or the Note
<br /> -- ' conFlicts with applicable la�v, such contlict shall not affect other pmvisions of this Security Instnunent or the Note which can be
<br />.. •- ,,;�;. given effect without the conflicting provision. To this end the pro�•isions of this Security Instrument and the Note are declanacl
<br /> � "' to bc severablc.
<br /> 16.Borro�ti�er's Copy.Borrower shall br given one conforrned copy of the Note and of this Security instnirnent.
<br /> Fon„sozs srso
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