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<br /> condemnntion or osher tulcing af any pun of the Property,or for conveyance in lieu of zon emna on.nre hereby assigned and
<br /> shnll be paid to l.ender.
<br /> In the event af n total tnking of the Properiy. the proceeds shull be applicd co the suma secured by thts Security
<br /> insuument,whether or not thcn duo.with any excess p�ld to Borrower. In the event of a parYial taking of the Pmpsrty in •
<br /> which the tair market vulue of the Properiy immediately befo�e the tAking ia equa!to or goeuter thun the omount of the eums
<br /> r�ecured by this Security Instsument immediutely 6efo�the tnking,unless Borrower and l.ender otherwise agrce in wr�dng,
<br /> the sums sxured by this Securlty Instntment shall be reduced by the amount of the proceeds multiplied by ihe following
<br /> fracdon: (a)the totu!amount of the suma secured immedtately befone the taking,divided by(b)the ftiir mutket vulue of the
<br /> Propecty imrtt�diaYely befo�d�e tpking. Any batuncc shall be paid to Borrower. In the event of u partial tnking of the
<br /> Property in whlch the fuir mulcet vulue oY the PropeKy immediuteiy before the takin�is less than the aatount of ihe sums
<br /> secund 'unmediately before the taking. unless Borrower and i.ender otherwise Ag�ee in wrlttng or unless applicable law
<br /> otherwise provIdes.the proceed.g shall De upplied to t4�e sums secuced by this Securlty Insuument whether or not the sums are
<br /> then due.
<br /> If the Praperty is u6artdoned by Borrower,or if.after notice by I.ender to Borrower that the condemnor offers to make
<br /> an awerd or setde u claiim for darnages.Botrower futls to tespond to Lender withln 30 dnys after the dnte the notIce!s given,
<br /> L,ender is euthorized co collect and apply the proceeda,et ite option,eIther to restomdon or tepair of the Piroperty or to the
<br /> gums secured by this Se�,�urity Inshumen�whether or not thea due.
<br /> Unless Lender end Bartawer othenlise sgee in wdting. any a�plicatton of pmceeds to princ[pal shuU not eatend or
<br /> postpone the due date of the monthly payments refemed to in parngru►phs 1 and 2 or change the amount of such payments.
<br /> 11. Borrower Not Released; Forbearance By Lender Not a Waiver. Eacension of the time for payment or
<br /> modificadon of amortjzadon of the sums secured by thts Serurity Instrument gmnted by L.ender to any successor in intetese
<br /> of Borrower suall not operate to telease the liability of the orlginal Borrower or Sorrowerb successors iu interesG Lender
<br /> shall not be uired to commence praceedings against any successar in Interest or afuse to extend t�me for payment or
<br /> otherwise mo�i amortizatlon of the sums secured by this Securiry Insttument by re,ason of any demand mude by tho original
<br /> Bomower or]Bamower�s successors in intezes� Any farbeatance by L.ender in exercising any right or remedy shall not be n
<br /> waiver of or preclude tho exercise of any right or remedy.
<br /> 1Z. Suc�e�sors and Assigns Hound;Joint end Scveml Liabiltty;Co-signera 'Itie covenants ond ageementa of thts
<br /> gecwity Insuvment shall bind and beneflt the successoes and asstgns of Lender and Borrower,subject to the provisions af
<br /> paragraph 17.Borrowerb covenants and agreements shall be joint and several. My Bormwer wha co-signs this Security
<br /> Insmiment bui does not execute th$Note: (a)is co-sig�in�this Security Instrument only to moegage.grant and convey that
<br /> Hamwer�in�eresi in the I�+npeny wtder rhe terrns o�ti�i�Sa;urity Instnuncu� tts)is nat ge�na!!�r nbllSat«�4^�J'the sun�s =
<br /> secured by this Socudty Insttumen�and(c)ugrees chat I.ender and any other Borrower may agree co extend.modify.forbear
<br /> .�. �e any aocommodati�ns with regnrd to the terms of this Securlty Insuument or the Note wIthout that Bomower'§
<br /> ,oansen�
<br /> 13. Loan C6arges. If the loan serured by tliig Sscurity Insuument Is Rubject to a law which sets muaimum loan
<br /> charges,and tUat law is finally interpreted so that the interest or other loan charges colle�ted or to be wilected in c4nnection
<br /> with the loatr,exceed the permicted limtts,then: (a)any such loan churge shal!be reduoed by the amount necessary co reduce
<br /> the charge to the permiued limi�and(b)any sums al�ady wRected from Bomnwer whtcfi exceeded permitted 1im{ts wili be
<br /> tefunded ro Harower. Lender may choose w muke this refund by reducjng the principal owed under th�Note or by malting a
<br /> diroct payment to Borrower. If u refund teduces princlpal.the reducdon will be treated es�a partial prepaymant withnut any
<br /> prepaym�tt�charge under the Note.
<br /> 14. NolHas. Aay notice to Borrower prr,vided for in this Security Insuument shall bE given by deliveriog it or by
<br /> matling itbk tlrat cless mail unleas applicable law reyuires use of uttother method.'The notice s1►a11 be dfrected co the Property
<br /> pddnss or ariy other address Botrower designates by norace to L.endet. My noHce to Lender shall be gtven by first class
<br /> �aii to Lender�a address stated herein or any other address I.endet designates by nodce to Bomower. Any notice pmv�ded for
<br /> �n�bis Security Inatcument shall ba dr,emed to have boen given to Boiruwer or Lender when given as pmi�ided in this
<br /> �15 G+�i;vl�ning Lnw;Severabllitq This SecurIty Instrument shal! be Sovemed by tcder�t�law and the law of tt�e
<br /> . Jurisdtctiot�3-n which the Atoperty is locn3e�.'In the event that any prnvisfon or clause of this Security Instrument or the Notg:
<br /> �opflict,y witri'applicable law,�uch canflict shall not affect other pmvtsiona of this Securlty Listrument or the Note which can
<br /> be gtven effect without the�onflicting provision. '[8 this end the pmvtsions of this Security Instn�ment and the Note� .
<br /> declarad to be severable.
<br /> 1�.Bw'ro�w�'s Capy. Barrowcr shall ba glven orte confoimed cQpy of the Nate aad of tl+is Se�i�rity inam►ment. .
<br /> 1?.1Y anster o!the Property or o BeneftctAl Intere.stln Bon�ower. If all or any part of the Property or any interest in .
<br /> it is sold or uansfemed(nr if a beneficial interest in Bomower is sold or tranafemed end Bo�sower is not a natural person)
<br /> witlwut Lendet�pdor written conseat,L.ender may.at its opnon.requim immediate puyment in full of aU sums secured by
<br /> thts Security Instrument However.this opdon shnll not b:ezendsed by Lender if exercise is prohibited b►y feder¢I lav�os�f
<br /> dte date otthis Security InsUUmen�
<br /> If Lend�r sxercises thia optton,Lender shall give Borrower notice of aoceleratton. 'I1ie nodce shall pmvide a period of
<br /> not tess than 30 days from the date the notice is delive�ed or rnailed within which Boxrower must pay aU sums secured by this•
<br /> Security Insmunen� If Borcower faiLs to pay these sums prtor to the expiration of this p�eriod 1-ender mny invoke any
<br /> . remedies permitted by thls Security Insnument wirhaut further notice or demand on Hornuwer.
<br /> 18.Borrower's R18ht to Reinstate. If Borrower meets ceAeitt conditions. Bomuwer shatt have the rtght W have
<br /> enforcement of this yecuxity Instrument dIscontinued at any timo prFor to the earlter of: (a) 5 days(or such other period os
<br /> � SL�gle E'vmily—FLna6e MadFlrcddle Mee 11NIE'URM INSTIt11MEMf—Qniform Covenant� 9190 (pcSe I oJ6 pages)
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