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I 9. Condemnation. The pro~~~~~~~:}D:~~~rcl:m fjQu4B,~~ct or conseq~~i~A9.n~t!!t?h any I:omfromnatlon or other taking of uny part of the Property. or for conveyanc~ in lieu of condemnution. urc hereby aSSIgned and shall be paid tll Lender. In the event or a towl taking of the Property, the proceeds shall be applied to the sums secured by this Security Iuslrumenl, whether or 1l0t Ihell due, with any eXCeSS paid to Borrower. III the evellt of a partiallakillg of the Property, unlc.!'!the amount of the proeeeds multiplied by the fllllllwillg fraetioll: (a) the total amount of the sums secured immediately before the lakillg. divided by (b) the fair market value of the Propeny immediately before the taking. AllY balallee shall be paid to Horrower. If the Property is abandoned by Borrower. or if, after nolice by Lender to Borrower that the condemnor olfers to make an award or settle a claim for damages. Borrower fails to respond to Lender within 30 days after the date the notice is gh'cn. Lender is authorized to collect and apply the proceeds, at its option, ehher to restoration or repair of the Property or to the sums secured by this Security Instrument. whether or not then due, Unless Lender and Borrower otherwise agree in writing, any application of proceeds to principal shall nol extend or postpolle the due date of the mOllthly paymellts referred to in paragraphs I alld 2 or change the amount of such payments. 10. Borrower Nol Released; Forbearanee By Lender Nol a Wal.er. Extellsion of the time for paymenl or modification of amortization of the sums secured by this Security Instrument granted by Lender 10 any successor in interest of Borrower shall not operate to rdease the liability of the original Borrower or Borrower's successors in interest. Lender shall not be required to commence proceedings against any successor in interest or refuse to extend time for payment or otherwise modify amortization of the sums secured by this Security Instrument by reason of any demand made by the original Borrower Dr Borrower's successors in interest. Any forbearance by lender in exercising any right or remedy shall not be a waiver of or preclude the exercise of any right or remL-dy. 11. Successors and AssII!II' Bound; Joint and Se.eral Uabllity; Co..ll!llers. The covenants and agreements of this Security Instrument shall bind and benefit the successors and assigns of lender and Borrower. subject to the provisions of paragraph 17, Borrower's co\'enant~ and agreement!. shall be JOint and several, Any Borrower who co-signs this Security Instrument but does nol execute the Note: (a) is co-sigmng thl!i Security Instrument only to mortgage. grant and convey Ihal Borrower's interest 10 Ihe Property under the lerms of thIS Set:unl}' Ins!rument; (b) is 1l0t persollally obligated to pay the sums secured by this Security Instrument; and (eI agreo that lender and any other Borrower may agree to extend, modify. forbear or make any accommodations with regard In the terms of this Security Instrument or the Note without thai Borrower's con~ent. 12. Loan Charges. If the loan secured by this Secunt)' Inslrument is subject to a law which sets maximum loan charges. and that law is finally lOterpreled 'ill thai the mlcrc:st or other loan char~es collected or to be collected in connection with the loan acced the pc:multed limits. then: (a) any such loan charge shall be reduced by the amount necessary to reduce the charge to the permitted limit; and (b) any sums already collected from Borrower which exceeded permitted limit, will be refunded 10 Borrower Lender may choose to make this refulld by reducing the principal owed under the Note or by making a direct payment to Borrower. If a refund reduces pnnclpal. the reduction will be treated as a partial prepayment without any prepayment charge under the Note, 13. Legi.l.tion AfI"octinR Lender's Rlllhts. If enactment or expIration "I' applicable law, has the effect of rendering any proVISIOn llf1he Note or 1hls Secunly Inliotrument unenforceable accordmg to Its terms, lender. at its option, may require Immediate paymenl In full of all ...um, \CCurcd hy thl!<t Secunl~' Instrument and may invoke a.ny rancdics. permllted b}' paragraph I q If l.ender eoere''''' th.. "ptlon, Lender shall take the steps 'pec.fied in the second paragraph of paragraph 17 14. ~otices. Any nnllce to Borrower pTlwlded for In thiS Secunt)' ln~trument !<thall he gl\'cn by ddi\lcnng II or by ma.dmg It by fint dil!lo\ mall unles~ apphcahlt' In\lo rcqulrC'lo u~e of another method, The notice !o.hull be directed 10 the Properly Addrc:sr. or un)' other addr~ Borrower dOlgnatc!\' by notice In Lender. An)' nollce 10 lender ~hall be given by first class mad to lender's addro!t stated herein or an)' OIher 3ddro~ lender deslgnal~ by noUce to Borrower, Any notice provided for in Ihi!t Seeunly In!ilrument shall br d~mcd w ha\"C~ been g1\'cn to Borrower or Lender when given a!l. provided in this paragraph. 15. Gowemina 1....-; Se,crabaity. This Sccunt~ Inslrumcnl ...hall be governed h)' federal law and the law ufthe JunMilcllon 10 whtch the Propc.rty I' located In the c",ent thai an)' prO\'IMon or c1au~ of [hl~ Secunl)lln!ltrument or the Note confllcb \\11th applicable law. 'iuch cunOlcl ""hull not affect other pr(l\II!o.lons of Ihl\ Secunty lnslrumcnt or the Note \\'hich can be given effect withoulthe confhctlng provlt,lOn To lhl!l end the (lTOvlslon!t of Ihl!<t Secunt)' Instrument and lhe Nme are declared 10 be \.C'Verable. 16. Borrower's COI'}'. BorrO\..'~r !l.halJ he given one I.:onfnrmcd COP)' of the Note nnd of thiS Sccuri1}' Im.lrument. 17. T....n.r... of Ih. Properl)' or a Benelieial Inlerest in Borro..r. If all or all}' part of the Propeny or an}' intcrot In III' !told or Irdn~fc:rrcd (or If os bc:ndil:lal mterC5lan Borrower l!lo ..old or Iran..fc-rred and Borrower 15. nol a natural penronl without Lender'" pnllr \\'nllcn cnn\enl. lender mts). all1~ optIOn. r~U1rc Immt:d131c payment In full of all ~um!t ~ured O} Ihl~ Sccunly In..lfumc:nt HllWe\'er. thl" opl1on ,hall not he e.-.crcl'led h~ Lender If e\erC1!<te I~ prohlblled hy federal law a~ of the date I1fthl~ Secunt\ In~trumenl If Lender eAerCI~ Ihl~ option. Lender !lhall JP\o'C' Borro\lo'cr notice of accdc::rallOn. The notice ..hall proVide: a penod nfnot I~!t. than 30 day.. frnm the dale the notice \!t. ddl"erc:d ()r mailed within WhlCh Borrovn:r mu..t pay all !lum.. !<t(f;ured by thl!'. Secunt~ ln~trument. If Borro\lo'er falh, tll pa~ the\<<: 'unu pnor to the c:\plrallOn of ,hi" penod, Lender mllY Im'oke an)' rcmedJo rcnnmed by Ihl!. Sa:unl~ In..trumcnt wnh()ut rurther notH:e or demand on Borrower. 18. 8orroMer.s Righi to Reinstate. If 8orro\\.cr meet!. ccnam condition!.. Borruwcr ..hall ha\"L':' the: right to ha\o'C' enforcc:men1 ofthlS SecUrlt} In~trument dl~(lnllnucd al an) lime pnor to !he C.3rher of. (a) 5 du).. (or ...uch other pcnod u!\ apphcabl.: la\\. ma~ "p<<Jf) for relO~tateme:nl) before \ale or the Propert)' pur!\uant to an)' power of ..ale contall1ed m thi~ Sccunt} In...~rumC'n1. or (h. entf! of a Judgmenl enfornng Ihl~ Secunly In!<tlrumcnl Th("N: condttlon!\' arc Ihat Borrower: Inl pay... Lender all "'um~ \\hH:'h then \Hluld he duC' under thl!\ Security Im,lrumenl and 1he: !'jOle had no accelentthlO llccurrL'1i. (hI cure.-. ;JOY dcfauh of an~ other l:tl\C'nant' or agrecrncn1', (1.:) pay... alll"\pcn..C"o IOl'urrc:d 10 enforclOg thi", Secunl~ In..1Tument. Includmg. but nol limited Ill, re'dwnuble allomey..' fee-., ~lOd (dl ta~C'\ ..ueh ul.:t1on a~ Lender may ru~nabl~ require (0 ll!J,'!IUre that the ht'n of Ihl' So:unty In..trumenl. Lender'.. nght.. III Ihe Propc:rt)' and Borrower's obllgallon 10 pa~' the !<turn'" ..ecurcd b~ thl!'. Secunt)- In..trumcn1 ...hall conllnuc unchanged l'JXlfl relO'!I[plemenl hy BorroVo'er. Ihl.. liiccurlt) In..trumc:nt and the obhgatlon'!l '\eCured here:b) ...hall remall1 full~ dfecllve: a... If no accelerallon had occurred_ Ho.....C'er. Ihls right to reanslate 'Shall nol apply 111 [he ca~e of accderal1nn under paragraph.. I J or 17hNOS-UNIFORM COVENANTS. Borrower and Lender funher covenant and agree as follow!'.: 19. AcceIentIoa; R___ ~ ...... IIiR notice to Borro..r prior 10 .ct'cleration followinR Borrower'. ........ of any co..n..l or _I In tbla Sec:wity lnalrUJIIenl (bulllOl prior to .cceleratlon under paragraphs 13 and 17 IIIIIeao ."ucaIIIe Ia" prorilleo otIoenriael. 11Ie IlOIice .....11p<clfy: 1., the def.ult; (bl the .ctlon required to cu"" the deI..lt; (el....... aut '- tJaan JO dap from .... dal. the oolice Is llhen 10 Borro..r. by which lhe def.ult must be cured: .... Idl .....t raila... 10 can .... defaull on or before the dat. specilied In .... notice m.y result in accelerallou of tho snm. MC1Ind by tlWl Security lnstramenl ..... .... of tbe Pr_rty. Th. notice .hall further inform Borrower of tho rlllhl 10 mnstale &Rlfr acaleratioa aDd die riabl to brial a court Ildioa to assert the non...e1istence of .. default or RIll other deI_ of Borro....lo acceleration ..... saI..1f the def.ull ill nol cured on or befo,." the dale specllied in th. notice, Lender at I.. ""Ion _, ftqnlft laomedl.te ...,'ment In full 01 0I11U11lJ _nred hy this Securlt) Instrum.nl wilhout funh,'r .............., I..ok. tbe pow.r ohol..nd uy other r_edJ.. permitted by .ppllcable I.... Lend.r .h.1I be enlltled to rollect .11 "paIlS iK1lrred in punvlnalbe m".dl.. pro.lded In this paraRJ'1lph 19. indudinR. hut "01 Iimiled to. ,.-we .n......,-..,eft.... coots of Iltl. ..ldence.