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<br /> �y candemr��tfon or nther takin�of ony purt of the Property.ur for conveyw�cc in lieu of�andemnution,are hcreby nssiQned wtd
<br /> �hall be pafd to Lender.
<br /> !n the event af u taul talcing of the F'ropeny. tha proceedx xhull be opplied ta the xumti �ured by thir; Security
<br /> Instnimeot,whcther or nw Iheo duc,with uny exce►s puid�a Bonuwcr. In�he cvent of n p�utiul iaking of the Praperty in
<br /> --� which the fair market vulue oi the Propeny immediutcly lx.iore thc li�kiog i+��yuul to or greu�er ihan Ihe umoun�of�he xumx
<br /> - —_----
<br /> securcd by ehia Secudty Inxuument immediately before�he taking,unlesti Borrawrr wxi Lender otherwix agrcc in writing, __
<br /> •'��--.-_--_'"� the�:ums aecured by Ihis Securiry Inwtrument�hull be mduced hy the umount ai the proceedw muliiplied by the follawing
<br /> - fractian: (ul�he lotul amount of Ihe xums recured immediately before the tuking,Jivi�d by(bl ihc fuir niurl�t��ulue of thc � ---
<br />-���-��n:r•.� P�vpeAy immcdinlely before �he luking. Any bnlance shnll be puid to Borrower. In the event aP u partiul taking of thc
<br /> '�'-"��'-� Property in which�he fui�market voluc oi�he Pmperty immediately before thc tal:ing is le4s thun ihe wnaunt of the tium� _
<br /> -.',.GStix y.k
<br /> --:� secured immedintely before the tuking, unle�s Borcower und Lender aherwixe ugree in writing or unles,upplicuble uw
<br /> ��"�"°_~_ ' otherwise provide,,�he praceeds ahall tk:upplied to the wums xeeured by thi�Security Imt�ument whether o�not the suma ure
<br /> _..,,.,;�y,;��_` � �hen due. _
<br /> _ - _�*�••� If the Propeny is u6andoned by Bortower,ar fL after notice by Lender to Boirower th•rt the cundemnor offen ta muke _
<br /> �wuc]�L_��o �.
<br /> — �,•f nn ownrd or hettle n claim for dumuges, Barrc�wer fails to rcspond ta 4endcr within�0 duyx ufler the Ju�r thr notice is�ivcn,
<br /> �=�"�� �,: Lendar is uuthorized�a collect and apply the praceeds,ot i�s option,either lo tes�orution ar repni�of the Pmperty ar to the
<br /> :----,�'�;1':; sums secured by this Securit� instrument,wh�thcr or not then due. c
<br /> Unless Lender.And Boirawer ahenvise agree in writin�t, uny upplicution of praeed+ tu principul ehAll nat extend or
<br /> _-;� postpone�he due date�f the monthly puyments referred to in purugruph+I uad 2 or chunge�he amount af 4uch pnyments.
<br /> .,,,� 11. Borrower Nat Released; Forbearance By I.ender Npt a Waiver. Eatension of ttm Hme for payment or =_
<br /> - _---- modificatian of umortiza�ion of Ihr sums secured by thi,c Securiry Inswment g�anled by Lender to uny:wccessor in intenest _
<br />-- - -_-__- __-�� uP Bo�rawer shall not operate to release�he liubiliry �f the originul Barower or Ba�rower's succes�ar.j in intere.r•t. Lender �`°"
<br /> �::. �;'�� �t• whall not be required to commenre proceedings aguinst any succesxor in interest or n:fuse to ex�end time far pnyment or _
<br /> ----:t1'�,,r .. � othenvise modify umonization of the bums secured by this Security Inxtrument by reation of uny demand made by the ariginul _
<br /> �-" '` "�. Borrower or Borrowar's successon in interest. Any forbearunce by Lender in exercisiog uny ngM or remedy shall not be u _,
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<br /> .o: ,� .g ;� wniver of or preclude thr exercise of any right or nemedy. �•�=
<br /> --�����u,'o;, 12. Successors�nd Assigns Bound;Jolnt and Severnl Liabillty;Co-signers. The covenums und u�reemrnts of this =__
<br /> "•'�� • ��•; Security ImtNment shull bind and benefil the xuccesson und utisign�of Lender und Bottower,subject�a Ihe pmvisionc af - _
<br /> _, l., ..,�...,.,,.. �,,
<br /> �-� .: �,_,,, , tY� psuugruph 17. Barowers cavennnts und agreementx shall ba joint und severt+l. Any Borcower who co-signx Ihix Securiry �,�._
<br /> �.�,+,�;•'.. �t. lnstrument bm daes nat execure the Note: la)is co-signing this Serurity Inurument only to martgage,grnnt und convey thut "
<br /> -�;�,�� Borrower�interest in the Pmpeny umier the termx of this Securi�y Inxtrumenr, (bl is not peraonally obligmed ro pay the sums
<br /> - � ., �•`°�'�, �ecured by this Security Ins�rument:nnd Ic)ogrces thut Lendcr und cmy other Bormwer may agrec io extcnd,modify,farbeur r�:��
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<br /> � �,, ar mnke any nccammodutians w�th regsud to �he terms of�hix Secunly Insuumem or the Note without that Borrower's :�;;
<br /> _ _=�?�i'��''c;�_'�,� conxent. °�"`
<br /> -"�:��T:�.', ,`:'1"� 13. Loan ChArges. if�hc iuun +cn:u�cJ t�y titis 5ccuriiy tn�trumettt is subject !o u !aw whirh �`t�muzimum loun _
<br /> --i��..,. '�`�r,r ' �"`t churge.,and�hnt luw is finally interpr�ted�o thut the inlerest or other loun churge+collecred or to be collerted in conneclion ==M
<br /> -��`. � with th�loun exceed thc pennu�ed limits,then: lu)uny xuch lo;ui churge shull be reduced by the umount necesrAry to reduce
<br /> ..�L�.-' S�l�n. l� �^:;
<br /> t.�,•;�'��`� the churge�o the permitted limi�;und!bl any sums nlready collected fram Borruwer which exceeded pertnitted limits will be
<br /> ��� �;:��}4;'�x4 •�c; � rafunded to eurrower. l.ender muy chcw.r�o m�ke thi�refund by rrducinE the principul owed under the Note or by making u ��,� �:
<br /> ��',�� r a.;.: _
<br /> ��'�� ���:, 9, direct p�yment to Borcow�r. lf u refund reduces prinripul,thr reduction will he ueated u�u purtial prepaymeot without�ny
<br /> _-= �.a-_�.•,�-•�;:Y prepaymem churge under the Note. ��='
<br />_��""'.,�3a..t;;hM� i,. . l4. Notices. Any notice t�� Biirrower providrd fur in thi.Securi�y Inst�ument shull be eive� Ny delivering it or by �
<br />=''`•�` ' . mailing it by fint clu�s mail unle�s applicublc luw nyuirer uxe af un�Nhe�me�hod.The ndKe sh•rll be directed to the Propeny _
<br /> :-�'���•,:•'� Addmss or uny other uddr�+ti Borrawrr designu�c.by notice to Lcndcr, Any notice to Lender shall be given by fint cluss `"f;
<br />_ .,��,�,. ... :, • ,[
<br />=__- � � mail to L.ender's uddre...�ulcd hcrcin ur uny uthcr•rddrcs.Lendcr dezignutes by notice ta Borcowcr. Any notice provided for ��,;,
<br /> ,�` ; , " � in this Security Inxuumcnt xhall Ix dccmrJ lo huve Ixen given to Borrower or Lcnder when given us provided in this ���;
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<br /> - ���,;�. parngruph. �_
<br /> -��� ��J � >�••�� 1S. GoverninR I.aw; Severubility. Thi. 5ecurity Instrumrrn +hall be govemed by fedeml luw und Ihe law of the �..
<br /> jurixdiction in which Ihc Pr��petty ix I�x•rled. In�hc rvent thut uny provf+ion or cluu+e ut'thi.Securay Intitrument or the Note �r;_,
<br /> `-'�"�''"'''� conflicts with upplicuble 1•rw.sunc�ontlict.hull not uffect othrr pruvisi��n.of�his Securiry Instrument or the Nae which cun
<br />_ ''���-''.=��' be given et'fect wiih�►ut thc cnMlic�ing provi.ion. Ti�this end the pmvi.ii�n. uf thi�Security Ins�rument and the Nae ure �'4`;.r:�
<br />-�-=��`'~' ' " declored�o Ix�everablr. `"
<br /> ��-7� �� � l6. Borrower's Cu Burrowrr shull Ix •iven unr confi,mirJ cupy uf the Note unJ uf this Security Inurumenl. ��'
<br />-- { k., „ py. L�- r�s,
<br />-'_-'' :.�`�.:a:.' 17. 'IYansFer of the Property or o Beneficiol Interest in Rorrower. If all ur any pan oPthc Propcny or uny intere,t in �-�_
<br /> �L.. - .k:,�-�-��- .. �..y"
<br />-- � � °:�.. it is sold or trunsferred(nr if a ixneticial imerc•t in Borruwcr i..oIJ or trun.femd and Borrower is not n nuturrl per.un) �-�
<br /> �'�-- �;, -�,i, ,. � � without Lender'x prior�vriucn con�cnt.Lcndcr may,ut it,uption,rcyuiR immediule puymem in full of ull xums sccurcJ by
<br /> �ur.:
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<br /> ,_ .,�; .,. ' r � this Sccuriry Inswmen�. Howevrr,this option�hall not Ix rxcrcixcJ by Lendcr it'excrci.c is prc�hibited by federnl luw as nf �'�
<br /> the dute of thi�Sccuriry In+trum�nt. �',�`�'
<br /> _ If Lrnder exerci+rs thi�option.Lcnder�h•rll givc Borm�•cr noticc��t';KCClrr:nion. Thr notire�hull pmvide a perind of
<br /> Q,,>-•
<br />�`�"�� .. „ not less ihon 3l1 duy.from the Jute the notice i,delivercd or mailcd x�ithin��•hirh Barrower mu.t pay all+ums,crureJ by thi�
<br /> �;'�•'' •'+', Srl'U�II Inslrumcnt. If Barrow�rr(ail.�o pay thc,r.um+ prior t�i the rrpiration ol' thi, �xriixl. L�nder muy invoke uny �•. .:
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<br /> y�4� 1, .. ..y� remedics�xrtnitteJ by thi�5�curity In�trument wi�huut 1'uhhrr notirr urJrmund un Borrower. �f�.'
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<br /> -W;�i�.:t';�`t• . - t8. Borrowers Right b Reinstvle. N� Horro�crr mcct+ rinuin c�xiJi�ian,. B�tRUNtf �IIUII I1�Vl` the right to h•rvc ,
<br />:=;};.r ', � enforcemrnt oi thi�Srcuri�y In.trumen�di.runiinucd;u .�m limr priur tu the earli�r uf: lal S day�lur wch other(kri�x1 a� ,,�,:��.
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