. , .., .. :. .. .. . . ,: . . . 3��� " .����� �� �� �.. . .
<br /> , condemn�tian 4r at�er ta]aag of aa.y p2�t oP the Plraperty,�or f�s.conveyaace�n lieu of ca ati y sign�d and`: . L :
<br /> , cltai�l tx.�ra€$Yo I.ats�er. � � , .. � .. . .. � . .
<br /> 3� �hc'event af a totaI taken�of the�Frop€rt3r.the p:oeceds sfi'all be epplie8 to t�.e sams s�red by thi�See�iry �
<br /> � Ins�um�Lt,wIi�ther ar not thcn due;�vith any exsess�s.id to Bomfa�e�: W the event of n paitial t.lci�g of th�Pr�perty iri ' - .
<br /> � . whiCh tT�e�matYef vaIae ofth�Fmpesty.�mmediazety�faTe t3�taY�ag is equai4a ar�rEaser shan the cuniraat"oi titc sutt� . .
<br /> . secun�by this Secusiiy'Insu�raent imfnediatcSy befor�tLs tnJch�g.untess�ormwer aad Leader ot3�ervrise.ngree.ii�wrtt��ig.
<br /> t3se sams sesuied by this Securiry Insuument.shall be redliced b3+thx aataun,t o€ths pm�eed�tnuttlplitd By,tite faltowing
<br /> frastian: (a)ths ttata}�amni of the sums seeured immediateiy 6efalre ths taking,di�ideQ�ry @3 tk�;fatr maahct.vulus of tite , :
<br /> ' , givperty. i���ty L�efore tbe ta�ng. Any 6alaace shrell be p�id to Bomawer. In che evr.nt of a pardial W�ing of[hc.
<br /> � w which the gair market vaius of th:Plta�ecey imme�ia2ety befone the caIang is tess the�the amount of lit�sums .
<br />-- � . ���im�i�tely I�'ore the�ss�ng,nn2sss BoaoVSrer ar.��_�oth�wise a�ee in wrifin�os•unfess agp2ic�Siis law - . _
<br /> 4uheuwise provides.the pmr,eeds sbaU be apglied to the sums secured by clils Sec�ritq Instrament wfcet&2r or not the suFns are . .--
<br /> t3�en due. ' . � • .
<br /> • 'If che P►ap�rtp is ab�ndor�ed by Borrower.or i�efter notice by Lender taBmrower ttv�t th$condeafnar offets to make '
<br /> an awaid or setiie a cta�far damages.Baaavrer fa�7s to�espand to Lendei witdun 30 days af�r the date the notice is given, ;,
<br /> . Ixnder is anthnrired to coll�t aad.aPPIY the proceeds.at iu aption,either to restsrarion or re}�air of the Property or m dce
<br />" � sums secured by th�s$ecurity.instmmQnt.whether arnot then due. — --
<br /> , Unless Lender atcd�ormwer atherwise agree m avriaiag,anY aPPlic�on of pmc�eds w gancipal shall not extwd or
<br /> postpoae the due date of 2'tr�monthiy payme�ns ref�ed ta in p�agra�hs 1 aad 2 07 change the amaunt of such payinenis. _
<br /> lI. Barsawar �o� �teiea.sed; For�raQ�-B�r Iander i�at a Waiver. �Extens�on of the time for�pagTaent or --
<br /> m��,r«.cif asnoitizac€an of iHe s�s§�by;z�sis Secarigr instnnneat grant$d by Lender to any successor in intelest. , —
<br /> of Bom3n-er s�all not ope;ate W Tei�se�re liafsTiry of the original Bcrrmwer os 8ortower's s¢ccessms in interest.I.ender �_
<br /> shali na3 fo�'iequited co cariunence pi�eedmgs against any successor in interest or refiise to ea[estd time far pa}mient or __
<br /> otheiarise�dc�ifyr amart�rion of the sams secuied bv this Se�arity Iusttumem by teasot�of aay demand mads fisy the ariginal
<br /> .. Bm�awar c�Srnm�rrer�:�r;xe.ssars in interes� Any fnrbearance by Leuder in eser�isin8 aaY+igtrt or remedy shall not be a --
<br /> waivete�c���eclade tfie exercise of any right or re.medy. � •...:. • • --------
<br /> I�;.�,.,.�Ce, -�surs and AssIgas B�d4 d�+nt and Sevaai I�'tp;Co-signeis. TAe cav.e¢�z►ts and agreements of�'rs. -- --
<br /> � . . Secwiey'�n�eat shall bind and be�"�t.the s�sccessass and ass=:�us of Leni2er.and Botrou-er,:subject io the provisanrs�.�';•. _ ..... -- ---
<br /> paragrdph`17.Borrower�s oavenants an�agreements shall be joint and severat. Any Horma�er who co-signs this Sea:r�" . �°�._., _—
<br /> L�sfimient but dces not�xecene ttie Note: (a)is co�a�ng this Seauity Iastru�s�t or�fy to niortgage,grant and convey tk� . �--_
<br /> Boiruwer�s interest in the Pmperty under the tetms d�r��Security Instrumen� {lb;i�not personally obligate�t��3y tt�e sums ��'•.��
<br /> s �,:
<br /> secure8 by this Security Inshvmenfi and(c)agr�s d'r,is�lxnder an��y other Ba�er may agree to e�ctend,��i�.�y.furbeaa ,. .,:w
<br /> or make any accammodations wit�legaid.to the �:ms of this.�ty_Inshiunent.or tIle Note withovt�.�arroa�tzs� - -.- -�.--.
<br /> consent. • � • `�'� w=
<br /> � I.flan C6arges. If the loan secured Es}'rL+is Security Insmtmeni is su�jeet to a��wiuch'sets c-��*+la� ':�- . "����
<br /> charges.and that law is finally inxrpreted sv��:i�c�est or other loan c6a�c�llected or to be colle�-.:��i cannearan •- ;�,• :`��
<br /> • wit�the loan exceed the pemnitted limits,d►en: 4at��°y�ch laan charge shall i�em�ed b}s the amount ne::::�sy to reduce .
<br /> ` Ne c�e to the petmstted limi�and(b)�ty�sums a:.�ady coltected from Borrovser which ex�kd permiued timrts will be �
<br /> �fund to$orrower. I.ender may chaQSe to make this refund by teducing the principal owe�r,�der the Note or by maldng u '� ' � ,
<br /> direci payment to Hmsuwer. If a refund reduces principal,the reduction wiU be treated as a pazdal prepayment without arry
<br /> piepapment charge under the Note.
<br /> • 14. Notices. Any notice to Borrower provided for in this Security Instn�ent si�aU be given by delivering it or by
<br /> mailing it by�rst class mai!uniess appHcabte law�+equiies�s of aaother method,The notice shaU be di�ected to the Property .� .
<br /> Addtess or any other address Bomower desigaates by nodce to I.ender. Any norice to Lender shall be given by first class '
<br /> mail to Lender's address stated heiein or any other address Leader designazes by notice to Bormwer. Any norice provided for f',
<br /> in this Security Iastnunent shall ite decmed to have 6een given.to 8orrower or I.ender when given as provided in this . �`
<br /> P�F�Ph -''j
<br /> � � !S. Goventing Law;3e�'erabSUty. This Security Insuument shall 6e govemed by federal law and the law of the _—.
<br /> jurisdiction in which the Propemy is located. In the event that any provis'son or clause of this Security Inswment or the Note ��,�-
<br /> con�licts ariGfi appiicab2e law.such conflict shall no2 affect other pmvisions of this Secwiry Inswment or the Note which can is.�...i�±+�e�'
<br /> be�ven effect withotn the conflicdng pmvision. '[b this end the provisians of this Serurity�nstrument and the Note are "�• .�y�E„_-
<br /> dxlared to be severable. '"��'`_—
<br /> 16. Bossovres's Q;o Barrower shall be ven one wnfmmed co of the Note ead uf t�Security Insuumen� .��'� ��_"_'_�H'-
<br /> P9• � PY '� ��i,*-; �.;-�
<br /> l� 'iltanster of We Property or a Benefcciullnterest In Borrower. If all or�iy p�4 of the Property or azry interest in �'-,
<br /> . it is sald ot�transferred(or if a beneficial interest in Botmwer is sold or uansfer�i��nd Bortnvrer is not a natural person) '���
<br /> . withovt Lender�priar wtitten consent,Lender may.at its option,require imme��t�payment in full of all sums secured by '"�"�'='�
<br /> this S�urIty Instrnment. Hawever,this opuon shall not 6e exe�ised by Lender if eaercise is prohibited by federal law as of ����`� :• �'.��
<br /> the date of tAis Sec�ity instrument • ,_ ��' -.-`_
<br /> �;�;1�;; '
<br /> If Lender execeises this option,Lender shall give Bormwer notice of zcceieration. 'I9�e notice shall pravIde a period of . . ��. :
<br /> � aot less than 30 days fmm the date the nouce is delivered or mailed wlt6in wluch Bormwer must pay all sums secund 6y ttus , � '-`: •
<br /> Secutiry Instr�ment� If Bormwer faiLs to pay these sums Frio�to the eapiration of tLis period. Lender may invoke any ' ' �• ' ��� `��i,�•�
<br /> zemsdies tmiued b this Security Instrumem without further notice ot demartd on Borrower. ' �`���
<br /> . Pe Y • �,�A:���.-
<br /> � 18. Bosrower's Rtght to Reinstate. I!Balrower meets ceztnin conditIons. Borrawer shall have the right to have ` �� �,:.�;5: =-
<br /> enforcement of this Securiry Iasuument discontinued at any tima prior to the earlier of: (a)5 days(or sucfi other period as � ` ` ' ' . °
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