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<br /> _ _ __� _�_ �:� . . coIIdemaaazian or other takiag ef au}r pa�t di the Prsyertyr,or fcr cmi�eyanoe ia l�ea o`f coademnati�n.:,re herebjr assigrtEC!mnc� . _--
<br /> �,Y���'�` ` shaU be paid to Leader. � � ---
<br /> - -. :Ys: � � ` _
<br /> =�``.�;':��.�, x` �• � • � [n the.event of a tara!takin��of the Pragerty�.Q�e p�ee�s s�ali b� a�lied to the siss seeared:by this Sex��rity . . _-
<br /> -��Y ` � • • � Insmunent,�vhect�r or not thea due,with uny eRCess paid to Borrowe�: In dte eve�of t�yartial takin�of the F�operty in ,
<br /> �. <;�...,., r'_.��'� - whish the fair mar§et v�Iue of 3rie i'tope�►immediateIy befom the taking is eqna�t�or�eater 1h�the amo�mi uf the sums -
<br /> :��.:� �:;'�'�;� �. secused by this Security Instrue�ent i�medi�tejy befo�the takiag.�ante$s Bormrre:and I.eader othenviss agt�e in a+ritin�,
<br /> •- ` . ` °'' . ti�e sums secuied by this Secustty Iestru�seent sh�lt 6e`oeduced isY the sunouat mf ehe prtxeeds mni8piied�y e�s fqltawing •
<br /> • � , `� � kactian: (a}the Wtal aatount af the sums ser.ured iswaediately before tke ta�ina:tivided by tb}tic�fair market vc�ue of,tdte —
<br /> • . . , � p�peRgr immadiately befoa�e ePce tatdng. Any 6a�ance sha11 be puid to�Barruwer. In the event of a pardat taYcn�af�
<br /> ' . pmperty in�vhish the fair maricet vaYna af th�Propeity 9RU►iediatety befon:tke tal�ng is less thaa the suaouna of die snms
<br /> �;._�,,;'._: :�:-�_,`�___ secaied innnediau�y Hefotz�te ta�#+g,ualeds 8anarler and lxadsr otherwise a�in writing or us�tess appliss�Ie i�w �
<br /> � „ � ' : athenvise pmvidcs.the praceeds ahali be applied tu.the sums secu�d bY this Security U�s�ument r,fiether ar not t�e si�m.s ar�
<br /> �'�.�.' � . thsn due. . �
<br /> '���t . � (f the Praperty is abandontd by Eorrower.ar if.nfter notice by Ixader to Bnrrotiver that dte wr.demitor offers to mace .
<br /> '.,_��.. : ' . - an awa:d or seute a cLvm for damages.Borrower faiis to cesp�ad to Len�+er w�dhin 30 days after the date the aad�e is giv�. ,
<br />.� ; . . . Lender is authosiaed w collect and agply the praceeds,at iu option.either to rest�ation ur:epair of ti�P++�perty ar ta�e
<br /> ` � '���;� • . sums secuied 6y this Sec�ity InsnvuFea�whether er not then da�. �
<br /> �::.�,-._�,..-:., �� � an ieeation of w shall nai catee�td`ar
<br />:.;�.'{",.,a. ••I, ..4, �;. Untess�.ender and Horrorrer otheiwise agree in wriring. Y aPP P� P��
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<br /> -� . postpoae tl�e dne daze of th$awnttily payments neferted to in pa�agraphs 1 and 2 or c6�nge ahe amwat of su�h payments. .
<br /> Y �„ " . . . 1L S�rrower Nof Reteased; ForDearaace By Leader Plot u Y+�aiver. Extension af ti�e time far paym�t ar
<br /> : �.;` , � . mod'iF.catian of amosti�ation of the sums sec�ued by this Security tnstrumeat,g�nted by Y.emder t,o any succe�or�ia1�t�1
<br /> _ � � ;.1•` , of Borrower shall nat operate to ieieaze the lia6ility of the original Borrower or Barro�ver's successois in�teresL 1.end�c
<br /> � . • •. sliall aat be cequiied to cammence pmceedinf,s a8aznst anY su�ar inr�terest ar zcfuse to extend time for payment o� . .
<br /> , .-�.--�-- , , otherwise modify amor6zation of the sums sec�ued 6y this Securiiy[nstmrnrmt by c�son of any demau�made by the arigioal .
<br /> ,''';.- �.. . • Boimwer or Botrowei's sucxessors in intecest. My forbeazance bq Lender in exercising as►y right or remedy s9ai1 not 6c a,
<br /> � ' <' � waiver of or prectade the ezer�ise of amr right or esmedy. ��Ye���d a of this ' �
<br /> --� :�,___---_ � L't.Saac�ors and Assigo�Bound;Saint a�d Severet Idability;Co-sFgcross. �, .
<br /> .�. , °J` '• gewrity Instrumeat�shall-6ind�and benefit the'successais�d assigas af Lender au�d BQrrower,.sub1ect to`the Qt,avtsions ot • .
<br /> " . ,. • patag�apb 17. Bonower�s cavenants and ageements sha11 1�e loim and sever�l.Any Borrower who ca-signs this Seciuity
<br /> � " � • Inst�ument but does not euecute the Note: (a)is so-siSning this Securiry lasttument only tq murtgage,�ant amd convey th�t
<br /> • • � � Bojtoaer�s interest in tbe Propeny under the terms of this Seturity insuumeng (b)is nai pe�sanallY obligated to pay tI�smns
<br /> . • sc�ued by this Security insuumen�and(c)ag�ees that Lender aad aay other Bomnwer may agtee to e�cend.madity.farbeat
<br /> . . ' or make any accommodariuns with regard to the terms of this Security Iast�ument ar the_Note aritho�it that Bo�mu�er�s� .
<br /> . �� consent.
<br /> . '• ;',t:� .. . 13� Loan Cdar�es. If the toan secu�by this Sec:urity Insuument is snh,�ect•to a Iacv which sets ma�[�toan
<br /> , ';��j� '. cbazges,and that law is finalIy interpnted so that the inteiest or other loan cha�ges col�e�d or to be wliected'm coAaecaon
<br /> �.�� ° :,x�+,,:'. with the loan exceed the petmitted limits.then: (a)anY such ioan ct�arge shal]be ieduced 6y the amo�mt neoessary to redittx
<br /> .''��i;`., the�hazge to the permitted limi�andt(b)any sums already wlleca�d fram Borrower afiich exceed�petmitted lim'sts�ctritl 6e
<br /> . , . ;,;�,. __
<br /> � • iefaaded to Bor�nwer. Lender may c6oase m matce this refund by redacin8 the Frincipal uwe�1�ader the Note oT by maSdng a
<br /> ' � . . diiect payrngnt to Borrower. If a refuud reduces principal.the reduction will be treated as a Qartial Prega3+meni wiQcaut�ny
<br /> � � • prepaymeat chazge under the iVote.
<br /> . � "� . 14. NotJces. Aay notice to Borrower pmvided for in this Secauity fr�r*rTMP"t shall be given by delivering it or by ___
<br /> ' ~ ma7iag it by first class ma�7 unless apptica62e law requices use a:aair!!other method.'[l�e notice shall 6e dffected to the ProD�n9 =�
<br /> � � � '�� Address or any ather address Borrowe:designates by notice co L�der. My notiee to Lec�er sl�all be given by fi�st class �•.�
<br /> . .. . mai!to Lender�s address stated herein or any other addmss Len��asignates by notice co Barmwer. My notice provided for _ __
<br /> � �' � � � . in this Security/nsmiment s1�aU be deemed to have 6e�n giveh to Borrower or Lender whea given as pmvided in this ____
<br /> , • - paragrapb. _-
<br /> - , • ' . aS, Governing Law;Severa6Nty. This Securiry Insvume�►t shall be govemed by federal law and the law of tDte
<br /> • - jurisdiction in which the Property is located. In the event that amy provision or clause of this Seciuity InsuumeQt or the Note _.,,._. !'
<br /> • � � conflicts with applicable law.such conflict shall not affect other pmvisions of this Securiry Inswment or the Note wtucb can �.��
<br /> , . � _ be given effed without the coaflicting provision. To this end the pmvisions of this Secwity Instrument and the Note aze ___.—
<br /> " �- • declared to be sevesable. .��.
<br /> " 16. Borrower's Copp. Borrower shall 6e gicen one confoaned copy of�e Note and of this Security Instrument .
<br /> , , . ..
<br /> :��,f%':; . . � 17. 'Ilrs�nsfer aY t�e Property or a Benefici�[�tee�est tn Borrower. If�or any part of the Ptopertg or any interest in �:_,_-_
<br /> rs�
<br /> ° i• : • it is so2d or uansfert�d(or if a beneficial interest in Borrower is sold or trarw-ferred and Bvtra�-er is not a natwal persan)
<br /> � � . � . ' ' arithout Lender's prior wriaen consent.Lender may.at its option,requu�e immediate payme�in full of all sums secured by �'�ry.
<br /> � � � this Security Instrumen� Hawever.this option shaU aot be exercised by Lender if exencise is prohibited by federal law as of •:
<br />�-:� � the date of this Security Ynswment
<br />-_,�, , • • If Lender exercises this option,Lender shall gjve Borrower.nodce of acceleration. 71te notice shall provide a period of ,: y�u-
<br /> ""' � � not less 11uin 30 days from tite date the notice is de[i�rted or mailed within which Bo�rower must pay all sums secuted by this
<br /> . .' 1 n te
<br /> +�•� . �. �::�i;,} . Security Insuument. if Bonrower faiLs to pay these sums pricr to the eapiration of this period, Lender may invoke any
<br />- . ,.� remedies permitted by this Security Inst�ument without further notice or demand on Bomower. ,,;,:
<br /> �;.•
<br /> �_ . :.., �� ���'��� � 18. Borrower's Right to Reinstate. If Borrower meeu cerrain conditions.Borra�ea shall have the right to have _
<br /> .:,t y . �.:.�.''- . •
<br /> � ' ���': enforcement of this Seeuri ]nsuument disconrinued at any time prior to the earlier of: (x}.5 days(or such other period av
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