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<br /> , ��� �OO�OQD ._
<br /> conGc�riiian or ot��t�tfdng of any p�af the FropeZy.ur for conveyance in lieu of coadem�srion.a�hrseby assigned nnd
<br /> 6I11II I?C�'dId t4�.C�f. °-
<br /> � In tlte even4 af A mwl tauing of the Propeny.tdti,pmce�s sl�ali be applied to the sams secused by this Secusiry =
<br /> instrumen�whethe;or rtot tl'�en du�.wat�ony excess paid to tlo�+uwer. N th�event of n partial ta4ing of the Property in
<br />,_ whir�tt►e fair m,rket vuiue af the Ptaperty im��dir2ejy 6efore the taking is eq�al to or gcater than the amovns oF the sums . -
<br /> sec�ared by ttyis Security Insmiment immedts�9y 6r€are the takic�,a.anless 8on+c�vrer and Lertder oth:rwise agee in writing, -
<br /> tYzt suias secu�d by thLs Secutity Instn�m�nt s[�t1 ba redued by tk�amount af ttt�pioceeds multiplitd by tit_following °
<br /> . frurtion: (u)the tatal amount of the�eims s�ued imtnediately 6�f�te th:taking,divided dy(b)the fuir market valu�of the �
<br />` � Prape�y iunrnedeateJy 6efore thr taking. Aay baiaace shall be paiA to Bormaver. In the event of a putia!ta�cing of the -
<br /> Pmperty in wAirB the fair maricet va1u�of t�e Pcopenty imrnedi:teiy before the ta�ing is tess than tha amovnt of the sums �_
<br /> .. secur��immedis*.ely before tise ta►�ing. unless Borroiver and Leader othenvise agre� tn writing or unless applica6te law �
<br /> " othe:vri�pmvid2s,the pruceeds shall be appii�d to th��ums secured by this Sec��ity Instrument wh2th2r or not ihe sums arc -
<br /> - tt�n dua '"
<br /> '. If th�Pmpzsty is absndan�d by Somnwer.or if.after rwiice by Lender to Bormu+er that the rnndemnor offets to maka =_
<br /> an awud•or setile a cl�um for damagas,Barmvser fails ta respund to Lender witi�in 30 days after the date the aotice is given,
<br /> Lender is aiuhorized co collact ensl apply the praceeds.at its option,eithar to restamtion or repair of the Property or to the C'
<br /> sums secuned by dtis�ecwity Instaumeat.wi�t�es or nat the�due.
<br /> Unl�ss[.endea and Boprawer ottterwise a�ree ia vrritin,g,any aprplication�f�cecds to prinzipat sh.�ll not extend or E
<br /> � pastpn�th2 dus d�te of th�montfity payan�a r�ferred ta in Faragraphs I and 2 or change ths amount of surh paym�nts. _
<br />. 11. Borso�ver Not Re�eased; Forbearunce By Lender Nat a �Vaiv�s: Extension of the 6me far payment ar
<br /> modifica�ion of mm�rtiration of the sums senue�by this Securiry Ltiswmeru granted by L.euder to any successor in ime.�est -
<br /> of Brnrotvet si�li nat opemte ro release the liubi7ity of the original Baara�r•er ar Bosrower�s successors in inteies�L.ender
<br /> .: ` shall uflt be�egnniied to oommeuce pso�ing.s againss any su�s in inie�st or refuse to e�ctend time for payment ar
<br /> �,��� mh�wise modify amortiza8on of tise sams secured by this S�curiry Inswment by�a of any demaad made by the original �
<br /> :.r��� Homfw�es or Bormwer�suocessors in intenst. Any forbe�aace by Lender in eaecrising�ny right or remedy shall aot 6e a —
<br /> �; a,aiv�sof ar pzeciude the exercis�e of aay rcght or remedy.
<br /> °i, 12. 5uoacssars aad A�slg�cs Bamtd;Jomt smd Several i.inbf}itp;�sIg�seas. 'tl�e covenanu and agFeeateats af this � _
<br /> Security Instlua�ent shall bind and btn�the suocesso�s and assigns of Leades and Bonoarer.subjece to the provis€ons af --
<br /> paragtapl� I?.Bmro�ver�covenaztts and agre�m.s►ts shall be joint and severa}.My Bonower who sas�gns this Security
<br /> •, � insUrument but does noi execute the IJote: (a)is co-slgning this Security Instrument otily to mortgage.gmnt and comrey�ha! _
<br /> fl.:�'; Boimsti�er's inte�st in t1r Fmpetty w*�der the te�ms of this Sectnrity Tnstrumea�� (b)is not pe�sonalty oBGgated ta pay the sums �_
<br /> ?;;�` seeured by this Securiry L�t�nnd(c)agt�ees that Lender and any otheF Bortower may agiEe to entend rttadify,fatbear ;,.`
<br /> or a�'ie any accomircodatians rui�regard to the terms of this�ecurity+ I�tsument or the Note withont that Borrower�s �
<br /> consent ' _
<br />�'.�.�,: 13: LoAn Ctz�s�e� If the loan sectued by this Security Lism�mmr€�subject to a!aw whfsh sets maxunum loan �
<br /> ct�r�°^...,aad that taw is finaiiy fa���eted so that thr inserest ar ott�loan ci�arges wllected or to 6e ooliected in connacdan `-
<br /> :'• #.� witi�t�Te toaa exceed th�gefmftta��niss,then: (a)anS'such loan charge shall be reduced lry the amauat neces.sary to rednce
<br /> . the�i�age to tbe itermitted 1imi�aad @)ac�y sums al�eady coller.ted frnm Borrotiver which exceeded pe�mitted limiis will be
<br /> ay
<br /> :::'r refuaded to Barrow�.�Lender may choose ta m�ce this eefiued by reducing ri4e principal owai imder the Note or by matdng a
<br />� r';,'•:. , direct paysnent to B�ui,rower. If a refund redua�principaJ,the reduction wiID 4e t�eated as a paraal gt�myment without any
<br /> �� ?�` � Qtepayment cha�:�tri�..�the Nnte. . _
<br /> ' 10. Nutiees. �y natice m Bomuwer provided for in this Security[u�fnunznt shaII be given(��a�Tivering it or isy ''�-
<br /> mailing it hy fusT ctass ma�mil�s ayplisable!aw r�quires use of anoihee mc-uurd't�te nob�e s6all be dir�cted to t3�e I�perty '' -
<br /> , Adc[r�s ar any�ifttr address Bormwer designates by no6ce to Lend�..�e l4a�.?�otice to�der sha(1 be given Isy firsa�lass
<br /> ' .,;.
<br /> mail to Ixnder's address staced herein or any othep addiess Lender designzt�s:i�y aotice to Barrower. Any na6ce pravidtd far
<br /> ' ,,�;; , m ti�is Seauity tn..`r.�tm-.nt shall 6e deemed to have been given w Baars�csr or Lend�er when given as prnvided in this =
<br /> , �• pu.�, -
<br /> ..,��., ':;' .�45. Goveraing Law.Severnb�ity. 'Ibis Secarity i.,��a-z��govemcd bq federal�aw and ths Iaw of the -
<br /> :.;i. : . ssti.raiio�io�r in which the I�roperty i�:t��cated. In the event t�i::iuy,�roviaios�,or clause of this SecurIty Insuument or the Nooe•
<br /> e�sftt�ts wiib apptieable law.sucicr�cfl�ct shall not atfect or,�ir�+vvisio�of fhis Sa�uity Insttument or the Note which can
<br /> ' I:� . • � h+e'��en effxt Withaut the canIIiciSag provista�. '[b this end the pmvisGau�of tLis Securlty la9trament and the Note are • �,
<br /> �(`l�.,.;.:;:.'. d�;L�.�d.to6esevereb2e. . , . ,
<br /> ':' s�fi. BoROwer's Copy Brnrower shall t+�f�:ti�n one canfarmed copy of the PIote and of this 5EcWity Instrument � r-
<br /> �.:' . � :�= �'!. 'Ytansfer oP the Property or a Idene"`��+1 Interest in Bosrower. If all or any part of the Prbperty or a�ry inuzest ia�
<br /> it i'�,�oold or transferred(or if a heneficlal intcr�t in Bortower is sold or vansferced amd Borrower is not a natoral person)
<br /> ` '��-�� wltTiout LenQer's prior written consent,Lender�y,at its option,�equire immediate psyineat in ftil1 of all sums secured by
<br /> ;���4�� this Sec�ity Ins�rumen� Howa��er.this optEon���11 aot be e:n.�s��h���'.�if en,acise is pmhibited by federal tav�vs of ��
<br /> �l.,. - '
<br /> �. . tl�t date af this S�curity Instrumeat �
<br />;�;t:�r;+:�. , If i.ender exenises this aption,Lender d.ar�P�ve Borrower nottce eti i�ore�erat�an. 'ihe notice shatt��vide a percod of
<br /> �� � : not les.s th3n 30 days from the date the notice is de4ivered or�.a:led wid�i�.•�+hich Borrawer must pay aU sums secure�dEsyr this
<br /> Setx�:;�fy Instrumen� If BorrowCS fails to pay these sutt��ir:e to t8e rxpiration of this perlod.Lender may inve�ti�m►y °
<br /> •�;.;: �-�diies penmttmd by this Secarlty Liswm,n�without farJsc�nrr�crd`�r„^.and on Bo:rower. ,_; .. .
<br /> :�`r * �Y� Batrowr.�'s Right to Reinsta4e. If 8mmwer r��s sertaftr�r��itians.Bdmuwer shall h�.;r�:P�r'rg}x:t!.��h�ve '
<br /> '�;�'��. enforcea�eni of ihis Security Instrument discoctwa�at any t�s grior tu iS�earlier of: (a)5 days(ac:'�u:Jt�cuixa�.�:�,:Iod as .
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