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I��Qic ev�nt Af ii partial tnk�ng of Qic Nro��ry tu <br />�;.� <br /> which the falr markct v�duc af tFie Pinperty imtncdiutely t�fc�re the tnking is cyual to or gn�atcr than thc mnciunt o t iu surnK <br /> -:�.•a aecu��d by tl�is�ecuri�,y Tttstrument immediotely bet'ore ihe laking, untess liorrower nnd l.�n�ler otherwise ag�ee in writin�, <br /> �''�:'��":'r''.. .. _. � thc�ums sccwe� by lhiv Se4:urity Inst�imcnt slr,dl Ixs rcduccd Uy tl�c nrrio�►nt of thc�roccer:s multipii�d by die foliawing <br /> �_-_,.��:,��,� � <br /> — i'rnctinn: (:e)Ihc total amount oF thc sums secured immccliatcly befon; the tak[ng,dividcd by(b)the fnis m�rkct vaine ot�thc <br /> --r"'�'LLT:;�—,,,,�,F� Property immcdi:.itcly bcfw�c the taY.ing, Any balattc€ shall be paid [o Borrowcr, in thc cvent of r► pnrtial taking �af ttic <br />-'f°�'���:�;�'.���;�° `;� Property in wMch ihe fnir mnrket vnlue of tho Property inunedintely txfore the taking is icss than the amo�mt of the SunZs <br /> . _.. , r...,. <br /> �� `"''?� secured lmmedlately before tho taking,unless 8orcow�er and L.ender oAienvise ngree in ariting or unless npplica e nw <br />�,�e°��r . . ti, <br />��n�,. �_u:.. othcrv�ise provides,the procccds shn16 be applied to the sums sccured by this Secu�iry Instrument whcther or�tat the si�me aro <br />��f«.=:,:��,��� then due. _ <br /> - - :�.,•f-�.�'���::.; <br /> __�w<<:._�,�.. �;,. If thc Property is ubando�ied by Bonower,or if,after notice by Lcnder to Sorrower that the condemnor off.c►s to maKe <br /> �� ..,c,�'�,���,-_A :►n nwzrd or uttle n claim for damnges,BaiYOwer fails to respond ta Lender within 30 days after the date the natice is givzn, <br /> �"� Lcnder is uuthorized to culiect and apply the proceeds,:►t its option,�ithcr to restoration or repair of the Pro�rty or to the <br />��rv r�. i ..Yy <br />;; • ,���r'`' '�'��;�� sums sccured by tltis Security lnstrument,whether or not then duc. <br /> �' �'.+� � +• . Unless Lender and Burrowcr othenvise agrce in writing, any npplicution of procecds to princip:�l shall not extend oe <br />��: `�h-,�,• �.,�:•.,,•��:-'- postpone the due date of the monthly p�yments referred ta in paragraphs 1 �nd 2 or chnn�e die lmount af sucli paymcnts. _ <br /> i� Na�`�k..,.:i�::'.�S••i��. <br /> f,,.... �,...;;,�,,,,, I1. Borrower Noi Relcused; Forbearance Ciy Lender Noi a Wxiver. Extension of the time or payrnent or <br /> '-'•���?�.; ;�;L:->-!� modificntion of amortiz��tion of the sums Secured by this Sccurity Inst�ument Srsuited by Lender to o;�y successor in inter�est <br />-;�r .. ....... .. . <br /> of Bo�TOwer shali not uperate to►elease the liabiliry of thc original Borrorrer or Horrower's s�icccssors in interest.Len c;r _�_ <br />!,• i^, shall not be required to commence proceedin�s aglinst uny successor in interest or refuse to extend time for payment or — <br /> '�` � � ` '`, ' ozherwise modify amortiu�tion of the sums sccured by this Security Instr�ment by reason of uny demmid madr by the originul _ <br /> t Borrower or Borrower'.s successors in intenst. Any forbear,�nce by Lender in exercising any right or remedy shall not f�: .► <br />-;:�� . waiver of or preclude thc exercise of any rigttt or�emcdy. <br />� � 12. Successors and Assigns Boun�l;Jolnt nnd Sev�rul Liubility;Ca•signers. The cavcnwus and agreements of this <br /> - + � Security Instrument shall bind and benefit the successors a��d cusigns of Lender und Borrower,subject to the provisions of <br /> •• ° �arugrnph 17.Borrowerk covenants and ag�•eements shull be joint und severaL Any Borrawer who co-signs this Secur.ty <br /> � ' •• Instr,�ment but doas not execute the Note: (a)is co-signing this Security Instrument only to mortgage,grnnt nnd convey thnt <br /> � Borrowcr's interest in thc Property under the terms of this Security Instrument; (b)is not personally oblignted to pay the sums <br /> secured by this Security Instrument:and(c)agrees that Lender and any�ther Borcower may u�ree to extend.modify,forbear <br /> ° ' or muke any accommodations with regard to the terms of this Security Instrument or the Note without that Bomowcr's <br /> � consent. <br /> - 13. Loan Chnr�es. If the loan secured by th�s �ecurity ins[rumeni i� �uojcci tv u ti.W �ric� ��ts �ttazistum ��::.Z. - <br /> ' churges,and that law is finally interpreted so that the interest or other loan charges collected or to be collected in connection <br /> � with the loun exceed the per►nitted limits,then: (�)1ny such loan charge shall be reduced by the amount necessnry to reducc <br /> •.:;:. �, the charge to the permitted limit;and(b)any sums ulready collected from Borrower wh'sch exceeded permitted limits will bc <br /> � refimded to Borrower. l.ender may clio�se to muke this refund by reducing the principal a�ved under the Note or by makin�a <br /> �:,1;:; direct payment to Borrower. if a refimd reduces principal,the reduction will be treated as u paAial prepayment w�thout 1ny _ <br /> �i�ti; pmpayment chlrge under the Note. � <br />