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<br /> � � �l/dR���� ��°:
<br /> t�. � `�' .
<br /> candemnution or othcr ti►king of uny parl of tiie F�r��pen;�,or i��r�y��+�4Y�tn��in 11cu of c�:m�s�in1�����.��rc Ncreby ussit;ncd imd __
<br /> sl�all bc paid to L.cndcr.
<br /> ln the cvcnt of n totul utkinB of th� Pr��{xr►y, tho prorecdfi shnll be appfied to thc sums sccund by this Sccur ty
<br /> Instrumcnt,whctt►cr or not thcn dua, with nny exccss paid tn I3a�TOwer. ln thc event af u puninl tukin�of the I�v�xrty in
<br /> w•hich the f'nir market vnluc of thi�Frupcity imm�:clinlc:ly hefnrG tlic tnking ih cc{unl to or g�'ezuer Ih.ui the mnount ot'the suntv _
<br /> secured by this Securiry Instrument immedintaly befc�r�thw tnklnp,unless Bonuwer und Gender�therwise ngrce in ���it►sig, r
<br /> tBe sums�;ecurcd by this Sacurity InFtnimcnt shnll be rcduced by tht�amount af thc proc:ceds multiplir.d by thc fullowing
<br /> frnction: (u)the wtnl amount of thc swns securcd immcAintaly befnra thu tnking,divided by(b)thc faic market vnlue of the
<br /> Propeny immcdiivaly bef�rc�hc tnkinn. Any bulemco shnll be paid.tA,Hnrrower. In the evcnt of n p��rtial taking af ti�e
<br /> Property in which tho ti�ir market vnlua of ttto Pr��perty immGdintoly before thc tnkin�Z is less th�a�i tlic amount af the simis
<br /> secumd imntedintely before thc taking, �minr:s 8urc��ver and I.endcr othcrwise ngmc in writing or unlatis up►�lir.ubla Inw
<br /> otherwise pr�vidcs,thfl procecd�shnll bo uppliud tu tt��i eums s�auretl vy this Sccurity Instrumr.nt whethcr or not th�t:+ums ate
<br /> thc�i dua
<br /> If thc Pr�y�7xrty is zhandnned by�sttro�vcr,or If.�ftGr nuti�:u by Lender to Boren�ver thut thc condrmnor offen to n�a c
<br /> an�wnrd or s.telo a�luim fnr dumapos,Boan«'8P�iIIIl+•IQ P(:xpund ro l.,er.dcr witl�in 30 dnys uftcr thc dute th�,noticc is g(ven.
<br /> I.�.�utor is auth�rizeJ tu callcct and apply tha prnceedH;n)itn option,eithet to restomtian or repair of thn Proper►y or to ire
<br /> suu2y secured by this Scciu�ily Instrumcnt,whnthcr ar nut th�u duc,
<br /> �ilnless l�ender and IIorro�i�er othdrwicc a¢n;o i.��a'e:tit�,nny application of praceeds to principal shull imt extend or
<br /> p:�::tpnna tltc�i�9e c?��te.nf ih�montlil}�Pmyar►Gntr referred to in purngrapha!and 2 au chnnge the nm�►nt���such payments.
<br /> 11. &�rs�,tiv,�r N�it Releasetic runbc�Arance 8y Lender IVut m i1'Aavcr. BXICI1SIOil Of tl.� ti►na for p+�yment or
<br /> modilicntinn c:r.;:�73orti�.atirn�of thc+sums�c•�u�ed by this Securiry Inscntment granted by I�endcr t�any successar in interest
<br /> uf L�orru�var s'ri',� +iot operiito to r�luase thr liAbility of thc original Burrower or B���wer s successars in inten:st. L.ender
<br /> �,'�n":I�u4 ize n::�uimd tu cos�ir�aence procecdings against uny successar in interest or refuse to extend time for payment ar
<br /> ot}�;.=��•i;,s ntuuffy amoniaatian of the�ums secured by this:Security Instrument by reason of any demund made by thc originsl
<br /> Qitpri?,r�r�;r i�urnvwer ti succcssors in inturest. Any foroe,stance by Lender in er.crci�sing any right or remedy�liull not bc a
<br /> waivtr a>S u:preclude Ihe excrcisc af any�ripht or remedy.
<br /> �'�; �pcce�sors and Assigns Guundl�d��int.anr�Se�•�ral Lia6a]izp;Co-signers. The covenunt::and agrecments of this
<br /> Security Instrumcnt shnll trind and bencfit tNc successan:Nnd nssigns of Lender and Borrowcr,subject to tl�c provisions of
<br /> pnragraph 17. Horrowerk covenunts und agreements sh�ll be joint and several. Any Borrower who r,o•signs tlns Security
<br /> InstsUment but�ces nnt execute the Note: (a)is catii�nino this Securiry Instrument only to mortgage,gr•u►t aiid convoy thnt
<br /> Borrower3 Is�1�reFt 9n tlic Property undor.the tcims of this Security lnst�vment; (b)is not personally obligated to pay the sums
<br /> securau uy it�ia a�:.��ity ln�trssnss:t;an���s?���M'�thnc Lender und any other Bonower m.�y n�mc to extend,madify,forbear
<br /> �r make c�ny acrommndations with regmd to tfie tenns of this Sccurity Instrume�xt or [ncs ivote wichoui ti�tti u�ricr%cr';
<br /> �nRent.
<br /> •13. I.oan t:hurges. (f the loan sccured by this Security instrument is sub�ect t�� law which sets mnximum oan
<br /> .;c}.i�rgts,und thut l�tv is finally interpreted so thut the interest or other laan charges c�llected or to lw collccted.in connection
<br /> ',with the lua�t�xceed iho pcnnitted limrts,thcn: (a)any suuh loun chargc shiill bc reduced by tho nmaunt nccessary to rcducc
<br /> llte churge tu th�permitced limit;und(b)nny sums nlreudy collected finm�orrower which exceeded pennitted limits will be
<br /> �� refunded to Bor�a•HCr. l.ender may choose to make this refund by reducin�chc principal owed under thu Noto ar by mnking u
<br /> �ciirect payment ro 8orrower. If u refund reduces princi�nl.thc rcduction will ba treuted as u partiul prapayment withnut c�ny.`
<br /> prepayment chlrge u�der the Note.
<br /> 14. Notices. Any notice to Burrower provided for in thts Security Instru►nent shall be given by dolivering it�r by
<br /> mailing it by tirst cluss mail unless upplivabla law requires usc of nnother method.Tf►e noticc shull lx dirccted tu thc Property
<br /> Address or any otl�er address Bo�YOwer designs►tes by notice to Lender. Any notice to L.ender!�1tn16 Ue given by t'irst class
<br /> . innthis S nur ty In�uvmr.nt ht Il ba decmed t a�haverb cnegv cn to�8otrowernor�l.Gnd B�when�gi enyn��p�vidcd an�tfiis
<br /> , p�agraph.
<br /> ' ' 15. Goxe�nfng Law;S�vers�bility. This Se�urity Instrument shnll be gavemed by federal law and the law of t e
<br /> jurisdiction bi�"which the Property is located. In the event that miy�rovision or clause of this Security Iustrwncnt nr the Not�
<br /> conflicts wicA�applicable luw,such cunflict s1�aU not aifect other provisions Qf this Security Instrument or the Noto which enn
<br /> be given offect�vithout the c�nflicting pmvision. 'Ib Ihis end thc provisinns of this Security Instrumcnt and the Note nr.c
<br /> ' declared to be severnble. •
<br /> ' 16. Borrower's Cupy. Bo�rower shull be given ono confo►med copy of thc Notc and of this Security Instniment.
<br /> 1'1. 'IYansfer oP lhe Property or a Benet�cial lnte�est in Borruwer. If all or any part of the ProEkRy or uny interest in
<br /> it is suld or transferred(or if•r benefecinl interest in Borrower is sold or transf�►rPd and Borrower is nac a natural penon7:•'
<br /> �rithout Lendcr'.s prior wriucn conscnt,I.cnder nuiy,nt its optQOn,rcyuire i�nmediatc payment eu f+ill of all sums secured by.�, `,
<br /> this Security instrument. Howover,thie�}�tion sl�all uot be exercis�by Lender if exercise is prohlbited by federal!nw su of••: ,
<br /> th�date of this Sccuriry iustnunent.
<br /> If Lender exercises this option,Lender shall gEve Bonowcr notice of uccelernticsn, 'The n�tice shnll provide a period of
<br /> nut Icss than 30 days from the dute tlte notic�is dclivered or mailcd with{n which Bot�uwer must pny�II sums securcd by this
<br /> Security �ia.;�'�ument. If Ao�yower fails to pay these sums prior to the cx�inttion of this period,I.endcr may invnke nny
<br /> �xmedies�;rsniited by this Security Instrument without further natice or dem�nd on Horrower.
<br /> 18. Burrower'y Ri�}ht to Relnstate. If 0orrower mects cesrtain cunditiuns. IIOIfOWCf ShAII IIAVC I�1C 17J�'IlI�O t�ure
<br /> . enforcement of this Securityr instrument discontinued nt m�y time prior to Uie earlicr of: (u)5 duys(or such oth�:r pericxl n�
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