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••...•..•.rnlrroro"er fall insUnit , — °' n our uanYages, director consequential, ill r,.11l., -,A6 i will, env <br />he paid to Lender. YPartuftile! roperty, orforconveyauceinlieuufcondemnation ,lureherdyusisine,lIsn't -111,11 <br />In the event of a total takingof the Property, the proceeds shall be applied to the eumsaccvred by this SprurilY Innlrun,enl, <br />whet her <br />th not then due, witfi any excess pair to Borrower. ht the event of a partial taking of the Property, unless y, I rou cr anti <br />l.enderotherwise agreav in wrltinR, tileeurnasecured by this Security Instrument shall be reduced by the amount of the proceeds <br />D rn rketie value Property otOffh pros eis <br />F by the (� market value of the I'ru {ferly immediately before the taking. Any balance shall be paid In Borrower, <br />w If the Property is abandoned by Borrower, or if, after notice by bender to Borrower that the condemnor offers to make, an <br />0 <br />award or d settle c a claim far damages, Borrower / "fill to respond to Lender within 30 days after the date lire notice is given, bender is <br />Q authoriaedtocolieetandapplythe proceeds <br />oars, atitsoPtiun, eithertorestorationorrepairoftheProprrtynrtothesumssecuredhy <br />Bps+ this Security Instrument, whetheror not then due. <br />' Unless Lender and Hnrrau erotherwiseagree in wrilinK, any application the due date of tile monthly Payments referred to in paragraphs 1 and R or chainge the amount Ofl much tpayrnenla extend or Postpone <br />10. Uorrowrr Not Released; Forbearance 1!y Lender Nat" Wnivur. Extension of the time for payment ur m(niificatiun <br />of amortitatiun Of (lie sums secured by this Security (nstrue,ent grented by l,endur to any succet sar in interest tit Harrower shelf <br />not operate to release the liability of the original Borrower or Borrower's successors in interest. Lender shall nnl be requireri to <br />commence proceedings against any successor in interest or refuse to extend time fur payment or otherwise Modify amurtiratiun of <br />the sums secured by this Security Instrument by reason of any demand made by the original Burrower or Borrower's successors in <br />interest. <br />re et, Anyforbraranc• ebyL@ nderinexercisinganyrightorremedyshallnot beawelveroforpreclutietilt, exercimeofanyright <br />or remedy. <br />11. Succe""Ors "fill Assign Bound; Job►t and Several Liability: Co- afgnere. TI►c covenants amt agreements of this <br />Security h 17. areal sea's bind and benefit the successors and assigns of Lender and Borrower, subject to the Provisions of <br />paragraph 17. Borrower's covenants and agreements shall he joint and several. Any Borrower who cu higne this Security <br />Instrument but doer not execute the Note: (a) is co•aigning this Security Instrument only to over who <br />grant and convey that <br />et, r ed by interest in the Property under the terms of this Security Instrument; (6) is not personally obligalt,d h, pay tilt, soma <br />secured by this Security Instrument; and (c) agrees that Lender anti any other Burrower may agree tly Odd' d. modify, file <br />ns <br />make any accomnuldatielns with regard to the terms of this Security Instrument or lire Note without Ihat Hot MOdi Y, consent. <br />12. Iwsan Charges. If the loan secured by thin Security Instrument is subject to a law which sets rnax' moron loan charges, <br />still that law is finally interpreted so that the interest or Other Iran charges collected or to be cullected in max incur n with the Iran <br />permit the ),prrrlittcd limits, (hen: (a) any such loan charge shall be reduce(] by the amount necessary to reduce the churgc to the <br />1n•rnulted lIn @: hoc] f b►any Runes already collected from Burrower which exceeded Permitted limits will be refunded to Borroo cr. <br />l ender may chaise Io makr this refund by reducing the principal Owed under the Note or by making <br />Burrower. Ua refund rrdnrea Principal, the reduction a ill be treated as a partial payincto without any prvpa) im-nt charge under <br />the Note. <br />a direct pa} rnent In <br />1:1. I e•gisla(inn Affecting Lender's ltightx. If enactment Or expiration of epplic:drle laws has the effect -If rendering any <br />Provision of the Note or this Security Instrument unenforceable according to its terms• lender. tit its uptun,. nee require <br />hnmedutp {;a} moot in 6"11 of all sums secured by this Ser w fly Instrument and may invoke any remedies per,,,,,(ed icy paragraph <br />14. If Leader exercises this ulitiun. Lender shall take the dells specified in the second paruKraph "f paragraph Ii. <br />1st Noticesl un ic4ulicptolorrow' erprovidedforinfirisSta• orit)' Instrument shall begivenhydeiicer ,ngitorby mailing (it <br />by first class mail unless provided <br />law requires another nlrlhal The notice shall be directed to the P1110-1 1) Address or any <br />olheraddres" Bi "rrower designatea by notice to Leader. Any ""Lice to Lender shall be Rived by first elan" Illall (n Lelltier'" fldtirPgg <br />stated herein or any other address Lender designates by notice to Boo rower. Any notice provided for in this Security Lon Instrument d address <br />shall be deemed to have been given to Borrower or Lender when given as provided in this paragrapi. <br />!S. Governing Lew; perry Severishilily, This Security lnstnunenl "hall be Kovrr:ed by federal law and the Isw of Ells <br />jurisdiction in which the Property is k,cnteef. In the event (hat any provision or clause of this Security Instrument or file Note <br />conflicts a ilh appbrable law, :arch conflictsh;dl not affect other provisions of this Security Instrument "r the Note which can be <br />given effect without the conflicting provision. T" this end the provisions of this Security lns(r'uluenl and the hate are declared to <br />be severable, <br />IG, Borrower's Copy. Iorrower shall Ile given "fie conformed copy of the Note and of this Securit} Instrument. <br />17. Transfer, of the I'roper(y• or Beneficial Intrrest In Borrower. Irail or any par 't"f the l'ryx•rts or a„ >' inlc, esI in it is <br />sold fir's prior wri for if R beneficial interest t i Borrower is sole or transferred and Burrower is not a natural person) a ithout <br />Lender's prior written eansenl, bender may, at its option, require immediate payment in full "fall amens secured by this Security <br />Instrument. However, this option shall not be exercised by (.ender if exercise is prohibited by federal law its of the date of this <br />Security Instrument. <br />If Lender exercises thisoption. Lendershall give Borrower notice of acceleration. The noticeshall provide a period of not less <br />than 30days from the date the notice is delivered or mailed within which Borrower must pay all sums secured a this Security <br />Instrument. If Itorrowvr fails by Pay these suns Prior to Lite expiration of this period. Lender may invoke any remedies permitted <br />by this Security Instrument without further notice­ demand �u Borrower. <br />Its. Borrowers flight Eo ItrfnelatP. If Burrower inees certain conditions, Borrower shall have the right to hnve <br />enforcement of this Security Instrument discontinued at any tune prior to the earlier of: Is) 5days (or such period as applicable law <br />tnays(mci(y for reinstatenient) before sale of the Property pursuant to any power Of sale contained in this Security Instrument: or <br />(b) entryof n judgment enforcing this Security Instrument. Those conditions are that Borrower: (a) pays Lender all Bums which <br />then would be due under thisSecurity Instrument and the Note ha(i no acceleration occurred; (b) cures any de fsUl <br />covenants or agreements; (c) pays all expenses incurred in enforcing this Security InslrrrnenC i I ti 1� er <br />reasonable attorneys' fees; and (d) takes such Action as Lender may reasonably require to assurtrtfntttt(rn•e{ <br />Instrument. u,"Irer "s rights in the Property andIiorrower' enblination topaythesumsRecuredbythisSpeurity Instrument"hail <br />continue unchanged. Upon reinstatement by Borrower, this Security Instrument and the obligations secured heresy shall remain <br />Baby effective as if no acceleration had occurred, However, this right to reinstate steal l not apply in the case (,face eleration under <br />Paragraphs 13 or 17. <br />NuN- UNlfrrKM C'MCMANTB. Borrower and fender further convenant and agree as follows: <br />18, Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleratlon follow init Norroeepr`s <br />breach Otiosity covenant or agreement in thin Security Instrument (but not prier la acerleral ton under pnragrnl oM I if mud <br />17 unlefsr applicable law provides ulherwise).'rhP notice shall s rPCif <br />default; list fa rte, et less than 3 of aye from the deer the notice is given In linrrawer, I »' which the defnull must hr re th ; <br />f Y: (a) the tlernuls; (ill ter Ration requir ell to cure the <br />sod re that failure to sure rtr default on or before file date specified in flip note may rrautt in nccele 1 atlnn of the sums <br />secured by this Srcurify Instrument and oak Or the Property. The nalirr shall further inform Borrower n the right to <br />rrit►al "le after "c"Pler "lion and tile right to bring a eourl action to no" rlPfenae of Iorrawpr (o acceleration atilt sale. If the default Is not Cur�rpd .11 or b('f rr ! Ilerldu hr �nv'hI in Ill fit <br />[.ender at Its oplbzn nrey require Immediate phyrnrnt In full of all Muslim seemed 1,y Iflis seruritr lnsurrtiN•ol w ill nn,l <br />further drmar,d and tiny bev "ke (hr {fowPr "r state and tiny other remedies Permitted bi nppb, .0-Ir h„ I cndrr, stoat be <br />rn(kle /) to colter( fill elopenaro Incurred In purauing flip rrnttrllps provided In this Irlcrngr,epl, Ill in, lu linx but nnl <br />�4e., trprr Era. rrs,•e •• /,t.• arrnrnrei form Rod rorld "f Ilrla e,td <br />- emv. <br />