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<br /> ��-+�°� condemnatian or�r taking of enY Par�nf tR�FmgertY,or fcsr com�eya�r�in lieu of candemnation�ar t�hy assi�aet�r��*.d ., - -
<br /> �"��r, ;�;X} s4�a11�paId to L.ender. , . . .
<br /> �`���.�`.,�''. ,'_ In the event of a total tr.�in�of t�e Pcoperty. tfte pros�eeds shafl be epp9ieG��s�thc sums seaued by this Savrity ` -_---
<br /> - _��,:��'�:.��`. [nstn�mem,whether or not thza dae,,wish uny,e�Ccess paId ta Barcoa�er. �e the ewent of u part'snt taki.ng af tne�F�agert}ir+
<br />--�==��a;�.�,;;;;�:. which the fair ceiasicai valus af t2�e Proyerty.immediat�ely hefo�the takins is equal to or.geater ehan�te an:ount af the sums .
<br />-R=t�u�`,° rf�;;� .; � seeu�d by this Sec�isy Iasnument imm�ately bef�e the taking,unless IIarrov�ret sutd l.ender�est�eca�vis�a�rce in writin�� • --
<br /> `•' � :�...; � .tt,�2 sums setti�ed by this Secucity Tnsutiment shaD!�red�cced by the a�mUtt af t�e�rroceeds tntaftipiied 6y t�e fo;lacving _
<br /> -�`4 ' '�� `� fiactica: (a)the total amount of ths sums secuced im�medlately hefon th�tnking.divided hy(b)tite fais mnrkst value ef th� ...
<br /> .`,. Property itttmediately befoie t�xe taking. Any bafance shall�e p�id to Borrawer. In the event af e p�:�'tial t�&Ing af ih� s --
<br />- ,' ' . . Prog;rty m which the fair market vatue of t�e F:�pe=�y tt�d�a�Y t�fose tte ta§iug is 4es3 th•�t�y e�taunt af tha s�ms _. . ..._
<br /> _;<,.� , •
<br /> , ..: ,� ` � secc�ired[mmediatelyr isefore the taking.�miess�orrawer aad Lender oihenvise ag�ee in writing.or un3ess up�licable tavn .
<br />���;'�-:-`°:.::::�:""�,<, otherwis$pr�d.es,the pracee8s shaD be apptiel to the sua�s s�d by t h i s Secu4ity I n s t r ument tvhetfcer�r r,st tPte sums�. ,. ::.
<br /> _.� h i` ' t, then du�. �°^
<br /> :� �' :.�� If the Ptagerty is abaadoaed by Eannwer.or ifr,after notice by Lend�r to 8osmwer Q�at the condem�tor offers tu m�kke _
<br />-:��.�,`.���;-�•. . .
<br />- - � an award or seut$a cl�im for damages.Borrower faiLs to respuad to Leader vrithin 3U days aRcr the da�ce tSie notia is giyen,
<br />_-_--�_.;,F;. '��,k.<. . I.ender is autharized to colIect and apply the proceerts,at its option:eithee w resforatiun or cepvr of the Fropeniy us tQ the ..
<br />- �.r�.�R�' -.��_'-•" stans secuted by this Security Iastniment,whet6er oi nat then due.
<br />-=;��:.�-�'"=.�^�',��. Unless i.eader and Hoauvrer otherwise agree in writiag,any application of pmcads w principal shaU not eactend or ,
<br />=_`z=:�"•==-'.�='%:�'_:�c' postpone the dae dase of the mQSn�ty paymems refem�to ia paragmphs 1�,zd 2 or change the amaunt of s�tch payaients.
<br />-�°,-_.`; ` " ��; 1l. Borra�ea� 1Ka2 R�d; Fi33�snce By Lcnder Not a 4Yaivcr. Eatensioa of thc time for payment er
<br /> r ��;- '` `- ��` � i . ______�___----
<br /> as�.:�;_:�', �cation of amc.-tiration o�t�e s�s secwsc��b�y t�us Security Insttument grnmted iay�tder ta an�su�cessor in u�Eerast , ,,...
<br /> � ��'.. •'`'. ts,sh ti F :�.�. of�csFrawer shaII s:�operaze t�n�r"2.se th°�,.�';�.co�ti�a�}ginal Bnrmwer aar Borrower's succes.ssis in iaterest�der f,: ,
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<br /> � ,:. � ,t. s�z:�i�t�e r�qu:�rc�.to camsr,.�aa�::�ocee�..�a;,p�rdt amny�ccessor in inierest or�+efuse w exter�fl bme for paym.�ni or -.rr
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<br /> ' °� qs; �r,'� • ad��raad�*�ts�;tizauon uf�s�+.s�r,�.'���s�5�c:ity Tnsommern 6y reason of auy desa�i*3de b�the v�sgu�al 4�>,, .�_
<br /> ;���s�� � ��, ��ti�"�x�'oF Sau�tivl.�'succe5s6ss r�sn*_er�x� A`ing?�.,�^,.c�e by Lend�in exeneising any right ar.�ued��,'Ws"izioi.be a, ,'•
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<br /> �j�s�r� "��,� . � ,�"g �uF�,,�,�,..���.m'�'�`,�tr�'�5tv¢cat 1Liab�ity:�ets. "a7�e�ovenants and agzeemeri'�.apf tbis �.,�_
<br /> ,� � .` ` '�• � Se�.�:r�3nstr�.� .si,��-.�,�;tr.�,3���,�c`�e s�ccessors andi'assigns of Lender an�i fao�ta�er,sobje+ct to the pmvisi�ns of
<br />_, �t::.,�;,s.,.. :`,�� . pazagtaph 19.gam��::�'.s ca.'-�'.�:�zgteements shall be jourt and sevelai. Any I'.���wer who co-signs this Secw�ity
<br /> � Instrument but does iiot eseane[�-i i4oie: (a)is ca-signing this Sec�uity Insuument on:;a�.mortgage,guant a�d wtrvty that _
<br /> �--___ , Boaower�s intemst in the Pmperty i�der the terms of this Security Llsuumenfi (b)is not•��ally o6ligated to pay the sums
<br /> '`ti•'�r,! . - securd by this Securiry lnsmuner�and(c)agrees that Lender and any other Harrower�ag�gee to extead.mafifY.forbe� ��:
<br />` „ . ,��. or maYe any accommodations with regard to the terms of this Security Instrument or the Note withont that Boaower's
<br /> . cansen� , � —
<br /> �• 13. Laan Chaeges. [f the loan secured by thia SecWnty Instrument is su6ject to a law wluch sets maximvm loan • . —
<br /> : • . , ' � charges,and thst law is finally inter�oteted so that t�►e interest or other lo�n charges collected oi to 1se collected in connection
<br />_ . with the toan eaceed the permitted lim�ts,then: (a)any such loan charge sha116e reduced by the nmount necessary to redus� _ _
<br /> - � • the charge to the peamitted timit;and @)any sums ulready coStected from Borrower which�aceeded permiued Umits will be � _ �_
<br /> x ;. � ��: , , refunded to Horrower. l.ender may choose to make this refund by reducing the principaf owed under the Note or by making a ��';_.
<br />��•f-. •..;,•:�r��� :� • direct payment to�orrower. If u refund red�sces principal,the reduction w�ll be aeated as a partial prepayment w,thout any ��
<br />==° ' prepnyment charge under the Note. :=_=_:
<br /> - -,�:��r�'� 14. i�Iotices. Any rtotice to Borrower provided for tn th�s Secnriry Inswment sball be given by delivering it or by �.-
<br /> '���^'� � � •� . mailing it b�r fust class mail unless applicable taw rea�uires use of another method.The notice shall be direcced to the Property }.._-
<br /> ''r��.,•:' -�� Address or any other address Borrower designates by notice to l.ender. Any notice to Lendec shall be given by t'ust class � �
<br /> _=_ .•`�+:;; � � mail w Lender�s aAdtess stated herein or any other address Lender desigrtates by aodce to Barrower. Any notice pmvided for �'
<br /> ;,,.-� ;. _:�
<br />;�:;:;�, :�. ' ,.:� u►this Securiry Instrument shall be deemed to have been given to Borrower or Lender whea given as provided in this ;
<br />-1;..�',::�,:.;.,.:... ' P��Ph. -�''b._.
<br /> -° ��"" ' IS. Governtng Law;Severa6il�ty. 'i'his Securiry Instruraent shall be govemed by federal law and the!aw of the =.-._
<br /> �°' *°�'.,'�-�r�: � jurisdiction is�which the Prolserty is located. In the event that any provision or clause of this Securiry InsVUment or the Note ����
<br /> 'R',„��--"; canflir�s with applicable tow,such wntlict shall not affect otlter provisions of thjs Security Instrument or the Note whic6 can _��v'��•
<br />- `-''"='" ' 6e given effect without the conflicting provision. Tb this end the provisians of this Security Instrument and the Note are �;:� �
<br /> ��;:�:.:_:..: ..
<br /> �.,'• ., declared to be severable. �;���
<br />- 16. Borrowes's Copy. Borrower shall be given ane conformed copy nf che Note and of this Sec�nity Instrument. •••-•. +?,�??-�
<br /> � �`� •:e •�� _.
<br />-- � . � 17. '[iransfer otthe Property or a Beneticia!Interest in Borrow¢r» C:'all or any part of the Property or any interest in 1��,{3�--
<br /> • it is sold or uansfeaed(or if a beneficial lnterest in Borrower is sold or transferred and Borrower is not a natural person) ' � �;_��r_.
<br /> •� . ; without Lender's pt�or written consent,l.endcr may,at its option.requine immediate ga�rnent in fiill of all snms secuced by �
<br />° ' . this Securiry lnsbument. However.this option shall not be exentised by Lender if exerci:�e+s prohibited by federal law as of _ ��^;:.•�.�.�:
<br /> ' the date of this Sccwiry Insnument. ' " .";.•= �
<br /> � �� ' If Lender eaercises this optian,Lender shall give Borrower notice of accelerauon. The notice s1i:il!provide a period of . :,:.
<br /> " � not tess than 30 days from the date the notice is delivered os mailed within which Borrower inust pay a11 sums secured by this : •
<br /> �v���= . ' � � . Securiry Iaswment. If Borruwer fails to pay these sums Qrior to the expiration of this period,��tder may invoke any .t
<br />':�_., , reraedles permitted by this Secuety Instrument withaut funher norice or demand on Borrower. : • �=
<br /> _- . �',' :" l�. Bonower's Rlght to Re�nstate. If Borrower meets certain wnditions. Borrower sha111�ave the right to have � ., . -
<br /> - -. .ar � ' . enf'orcement of this Securihf Inswment discontinued at eny time prior to the earlier of: (a)5 days(or such other periad as -
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<br /> i��;�";' ��' �' •Single Fatnity--Fannie MadFredQls h�ac 11NISORM INSTRUMENT--Unifoim Covenanis 9/90 IPa8e4 oj6 page:l . � s
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