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<br /> candemnation or ather takiug uf wiy�;rat af the Fcu�Ny.or for canveyu�ice•in Ifeu of condemnation,:ue hereby ussigned and �_:
<br /> �hull ba pald to Lcrtder.
<br /> In tho event of a toto! wking af the P[opecty. thc ptoceeds xhall be uppticd to the sums secured by this Sccurlty
<br /> Instrument,whether or not then dtte,wlth uny excexs puid to Bormwer. In the event of u pu�tial taking uf thc praperty in
<br /> whtch the fair mnrket valuc of the Property immecllately before the taking ix equal to or greuter than thc runount of the huma
<br /> sccumd by thia Secudty Inatrumont immedtatety before th�taking.unless Borrower und Lender otherwlse agrec in w��ting.
<br /> the suma recured by thiw Secur(ty (nstrument shall be reduced by the umount af the proceeds muttiplied by the CaltowIng _-
<br /> fmction: (n)tho total nmount oF the xume�cumd immedfuteiy before the taking.dtvided by(b)the tuir murket valuc of the `
<br /> Property immedtately before the tnking. Any baliutce shail be paid to Barrower. In the event of a purtlal taking of the
<br /> Pro�erty in which the f�lr market value of the Pn�perty lmmcdlately befam the tnking is less than thc�nount of the suma —
<br /> srxurtd immedlntely before the tnEcinB, unlex9 Borrowec und Lender atherwi,r•e agc�ee in wcidng or unless upplicnble law
<br /> otherwise provides,the praceede tihall be npplied to thc suma secured by thia Security Insuument whether or not the sums ure =
<br /> then due.
<br /> If the Pro�erty is:�b:uidaned by Bomuwer,ar ff.ufter notice by Lender to Bomawer thut the condemnor offers to make
<br /> sn uward or settle u clnim for damuges,Horrower fails to t+espond to Lender wlthin 30 dAy�after the da�e the notice ia given.
<br /> ixnder is suthorized to colleat and nppiy the procecds,at iu opdon,eIther to restorution or repair of U►e Property or to the
<br /> sums secured by thls Secudty Insuumenti whethcr or not then due.
<br /> Unless Lender and Borrower otherwise ag�ee in wrlt�ng.uny applicatlon of proceed.s to principal shull not extenA or
<br /> postpone the due dutc af the monthly pnyments refeRed to in pnragraphs 1 and 2 or chunge the amount of such payments. _
<br /> 11. Borro�ver Not Reteased; Forbesrance By Lender Not a Waiver. Extension of the tirne for pnyment or
<br /> modtficnuon af anortfzadon of the sumq secured by thts Securiry Instniment granted by Lender to any successor in it�terest
<br /> o£Bomowcr shull nut uperate to►Yfease the iiability of the ori�inal Barrower or�orrotYer�successas in interest.Lender � -
<br /> shaq not be required to commertce ptnceedings agair�st any surcessar in interest or refuse to extend time for paymept or
<br /> ulhcrwiae niodlfy amortixadon af ihc sur.ts scctcrrd by zhi�Srcurity Tnsrrumean by rca�r,n uF any�IcuianJ���ada by tt�origina! ;
<br /> Brnrower or Borrower's successors in interexG Any forbcarnnce by L.ender in exerclsing any r�ght or remedy shall not be u
<br /> waiver of or preclude the exercise of any ri�ht or remedy. _
<br /> 12. Sucoessors and Asstgas Bound;.►oint$nd Several Uability;Castgnera The covenants and agreementg of this
<br /> Security Instrument shall bind nnd benefit the successors and assigns of Leader and Botrower.subject to the proviatons of
<br /> paragraph 17. Bonrower's covenunts and agreements shall 6e joint and several. My Borrower who co-signs this Security
<br /> Instn+ment ixit does not execute the Note: (a)is co-st�nIng thls Secwity I�suument only to mortgege,pant and convey that
<br /> Bozmwer�s interest in the Property under the terms af thts Securiry Insuumen� (b)is not personally obligated to puy the sums
<br /> secured by this Security Instrument;and(c)agrees that I.endar and nny other Borrower may agrec to eztend,modlfy.forbenr
<br /> or make any nccommodatIons with regard to the terms of this Securlty Instrument or the Note wiiteout that Borrower�s
<br /> consen�
<br /> 13. Lo�ta Chatrges. If the loan secured by this Secutity insmtment is subject to a iaw which sets maximum lunn °
<br /> charges.and thut law is finally interpneted so that the interest or other t�an charges collected or to be mllected in connecdon
<br /> wltlt the loan exoeed the permltted limits,then: (a)any guch loan charge shall be reduced by the amount necessary to reducc
<br /> the charge to the permiued IImIt;and(b)any sums alreaily collected from Bortower which exceeded perniiusd lim[ts wiU be
<br /> rafunded to Bomower. Lender may choose to make this refund by reducing the principal owed under the Nate or by making a
<br /> dizect payment to Borrower. If a refund reduces pdncipal.the reductlon will be tr�ated es a partiel pnpayment without any
<br /> prepaycrient Charge under the Note. '
<br /> 14. NMi�es. Any norice to Bomower provided for in this Security Insuument shell be given by delivering it or by
<br /> mailiag it by first cla9s maSl unless nppltcable law re�uires use af enother method.'llie nodce shull be directed to the Property
<br /> Address or any other address 8orrower designat�s by notice to Lender. Any nodce to Lender shall be gtven by fust class
<br /> mail ro Lender's eddress stated herein or ony other address Lender deslgnntes by notice to Borrower. My notice pmvided for
<br /> in this Security Insuument shail be deemed to twve been given to Bamower or Lender wlien given as pmvtded In this
<br /> P��ph.
<br /> 1S. Ciaverning Law; 3everability. Thia Security Instrument shall be guvemed by federal law and the law of the
<br /> Judsdiction in which the Property is located. In the event that any pmviaion or clause of this Security instrument or ihe Note
<br /> c�ntlieis wtth applicable taw.such confltct shull not affect other pmvislons of this Security Instrument or the Nota which can
<br /> be�give�efPeCt without the conflicting provision. '[b this end the provisiona of this Security Instrument und the Not6 are
<br /> dectared to.6e aeverable. �
<br /> 16. Bor.rawer's Copy. Bomower shuU be given one confom�ed copy of the Note and of thls Seaudty Insuument.
<br /> 17. 'llt�nnster qt the Prvperty or A Beneftcinl Intereat in Borrower. If all or any part of the Property or any interest in
<br /> it ia sold or trunsfec�red(or if a beneficial interest in Borr.ower is sold or transferred and Homower is not a natural person)
<br /> wtthout I.ender's prior wriuen consent,i,ender may.at 4ts aptIon.require immedIate p�,yment ir�fuU uf all sums secua+ed by
<br /> !�is Seetffity lnstr.zment. H�!�PVPr,rhic opri�»�hall nat he exerci�ed by Lender if exefcise is prohibited by fedetal law as of
<br /> the date of thia Security inswmen� '
<br /> If Lender Qxercises this opt�on,Lender shall gtve Borrower natice of accelemdon. The nodce shel I pmvide a period of
<br /> not less than 30 dnys from tt�e datE the nouce Is delivered ar muiled within which Borrower must pay all sums secut�ed by this
<br /> , 5ecurity Insnument. If Borrower fails to pay these sums prior ta the expimtlon of this perlod, Lertder rnay invoke uny
<br />. remr.dIes permitted by this Security Instrument without fwther notice or demctnd on Homower.
<br /> 18. Sorrower's RIghE to Retnstnte. If Barower meeta certain condittons, Botrower shaU have tlie right to hnve
<br /> � enforcement of this Securiry Insnument discontinued at any time prior to the enrlier of: (a)S dnys (or such vther period as `
<br /> Single Family»Ihnnie MRdi�eddie Mac UNIEORM INSTRUMENT--tlnifimn Covmanu 9190 (paqr 4 ojb pages)
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