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<br /> caodnm�tion or qfie�Wcin�of�ng patt of the Ptopeit�.or for conveyance in lieu of condemnatia�,�rc herehy assiEned+nd '
<br /> s1t�11 be p�id to Lender " ' ' ;
<br /> ' ta the eveat of a[aal t�kiag of tht Punperty, thepra��.ds sh�ll`bc appliad to the sums secured by this Securiry
<br /> . 3nstrumrn�whetber os na tAcn dur:ivith any exa-zsgu tdl 0 8aruwer, Fn the cvept of a partial taicing of the Ptoperty in
<br /> which tt�e fair madcet v�tuo of the�roperty immediazety befae�he taking i�+�!�ai ta or greater th�n th��nxwet di the swns
<br /> `. sc�cured b�r thia Secuaty Insnumrnc.immediateiy 6efarc thc taking.unkss Bomnwcr and[.ender otherwise agae in writing,
<br /> -_.._T_-��. the sums secuced by chis Securiry It►saum�t si�li 6e t�educed iry the amount.of_tho p�uceed5 mnlriplkd by the foUowing
<br /> � fractiotj: (a)tfie fota{�amouat of the sums secuted im�diati'ty btfote the t�tcing.Jivided 6y�b)3#se�a`�t�acfcc�vatuc�ttu
<br /> ��.ptopecty imrt�ediately befae the t�tcing.. Any balmtce sha11 be paid ta Borcowtr. in the eveat of a p�ttiai t�lcitig of tlte
<br /> A+aipeity in which itie Etir madcet vatu�,of the Pmperty immediatcly�efotr the taking is te.cs than tQe amount of the wms
<br /> secuced inunediate[y 6efae the t�icing:unkss Barower and Lcnder otl�erwise agee in wiiting or unkss appticabk Iaw
<br /> � atlmrv�ise povuTes.the proceMs shat!be:appiied to the sums secured by thi�Securiry L�swmene whether or[�ot the wms are
<br /> . ti�en due. .
<br /> If the Prope�iy is abaixland hy�Boiiower,or if.afte�nwice by Lender to Bor��ver thalt die condemnar offers to m�ice -
<br /> aa awa�d a settle a eIaim for dunages,Barmwer iails to respand to Lendtr within 3U days after the date the notice is given, .
<br /> ,- Lender is auttwrized to cotkct and appty the procseds.at its uptian.eitfkr ta restoration cx repais of the Ptoperty_or_to the
<br /> _
<br /> - sums sa�t�d by this Security InstriimeaE.whether or not tben due.
<br /> 'Unks§Lsnder and.8arower atherwise agree in writing.any apptication of procetds to psineipal sha11•not extend or-
<br /> • postgone ttic due date o�tire monthlY PaY�nenu refemed ta in parag�aph.c 1 and 2 orc8ange the amount of such payments.
<br /> = t�. Borr+o�rer Nut ReRased; For6arance By i.eader Not a Waiver. Extertaion of the time foc,p�nc ar
<br /> - mudiftc�t4on of amortirraon of t6e sums secuc�oA by.ttiis 5ecuriry insuument granted by Lendec w any successor in urte�est
<br /> of Bai�ov�cer s1sa0 nat operate to rekase thc liability of the originat Bam�He�or Eiosrowers successors in inte�s�l.entter
<br /> - — •� s1�11 not be�equired m comm�nce procee�n8s against�ry successor in inu�est or,refuse ta extend time for payma�E ar
<br /> - olherwise modify arnoctization of the sums securta by this`Serurity Instra�ment by reason of any demand made by tl�e aig�nai
<br /> - Bonower a Boanwer's successars ia:.interest. Ar►y farbearance bg Lender io exercising a�ry right or remody shal}noc be a
<br /> " waiver of a pceclude the exercise o�any right or remedy. '
<br /> - ' 12, Sn�n�ors aad qssi�Borpad;Idat and Several Liabtlity:.Co�signers. The covenants and agreements af this
<br />; ' Security Insuument shal!bind aatE E9en�.the successors and acsigns af Lender and Bomawer,subject to the provisipa�qf _ _
<br /> - garagraph 17. Borrowers caveoan��-�g�aeuteats shall be jaint and several.Any Bormwer who co-signs ihis Secudky —_
<br /> � Tnstrument but does aot eaecnte t�,e:��4::��;�ta).is cm3igning ihis Securiry Insuament onty to mortgage,grani and convey tFiat __
<br /> Borrawer's interest in t�Ytapec[y:.�iip��term.�of this Security instrumenG (b)is not personally a6ligaoed to pay t6e sam-S __ _ _
<br /> �_..�... _�;
<br /> - secured by this Security InsuumR�xr.�u.r��a�e�s tl�at Lender and m�y other Borrower may agree to extertd.madify,fbrhrar =__--
<br /> ar ma�e aay accommodations wEiih�-�ta the�etrns of this Security ln.mument or the Note without that Barmwer� �_—
<br /> .Y � ��E. . . , - �.. :.. .:. . ' ' --__.
<br /> , � 1� I,oa��CbasEes.°if the!�.*a�'sectsred.by this Securiry �nsaument is subject ta a law which 5ets maiiimum ta��.,
<br /> •: chasges:and tflat law is�fi.*fally interpc,:'ted so th�dre"snterest or othcr Ioan char�es collected or to be coltected en connectf'isii • .
<br />_ , with the loan ezceed tS�e permitte�limits,then: (a)any such loan charge sha1F 6e redace�'by the amaunt rtea�ary co reduce --
<br /> :: .`. the ch'+��io the pcmiitt�d limi��[�s)an�sums almady collected from Borrower which exceeded�ec�nitce�.limiis will be
<br /> �t,:�.: refus�d�tu�Boaower. Lender rt�x�fLiose to make this refund by reducing the principal owed ander the Note or by makittg a �_____
<br /> direct�a�r�t to Borrower. lf a ivfw�i reduces principal.the�edaction will 6e treated aS a gartsal prepayment without tmy =___-_
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<br /> '- �` prepaymea7 rharge urtder the Nace. � � ���
<br /> " 14. Nottces. �.,.*'c ^otice to Barrower provided for in this Security Instfumene shali be givert by delivering it or by . ��t��F:�;_.
<br /> ' mailing it by first cl�ss►r�l tmless applicablc law require�c use of another method.7t�e no[ice shall be dire��d io the Pmperty �.�:.,,;�_,
<br /> ` � Address or any other address Borrower desip►ates by notice t�Lender. Any notice to Lender shall he gicen by first ciass "
<br /> mai{to Lender:s address ctated herein ar any other address l.eac�er�gnates by natic�ta Borrower. Any notiee provided far , �`,,;_�._,
<br /> in this Security lnstrument shall be deemed ta have been gi�ea.:� Rorrower or l.ender wl:en given ag provided 9n,this =-�'-'��_
<br /> P�S�Ph. .. _
<br /> " IS. Governing Law; Severa6ility. This Security Inctrumem shaU be gavemed by fedetal law and the;ac��•me _ _
<br /> jurisdiction in which the Propeay is located. In Ihe event that any provisian ar clause of this Security ln�tru�nenr er��'�ote ���:�; _
<br /> t yI; conflicts with applicable law.such conflict shali not affe�:t other provisions of rtzis Security instrument or the Note v.f:i�h ean • , ,
<br /> °`., 6e given effect withau�the wnflicti�z�provision. To this cnd�he proviyians af this Securit}instrument and the!�ote::re . __
<br /> �'., derlared to be severable. �-
<br /> �s 1 6. B orrower's Copy. Borra w e r s ha l t b e g i�e n a n e c o n f o r m e d c o p y of thc Note und of this 5ecuri ty Instrumem. :
<br /> 1T. 71r�nster aRthe Praperty or 9 Beneficlat Inter�t in Borrower. lf all or any part af the Praperty or any intere5t irr . ''_�_"-�-'
<br /> it is wld or transfeaed(or if a bcneficial intcre�t i�Borrower is satd or transferred and Borrowcr is not a naturAl Qerson►. '� ,-•-.<_-
<br /> without I.enderti prior watten can�en�l.cnder may;'at its option.rcquire immedi�te payment in fall of all sumy secured by '����--
<br /> thiw Security Instrument. However,this aption S1ta:1 not be'exercised by Lender if excraw i�prohibited by fcderal Iaw�oi: .
<br /> __;�
<br /> �:T the dute of tbis Security lnstrument. w i• ot aceeferalion. 'fhc noGce�hall ravide a 'od c,f
<br /> If i.cnder cxcrcises this option.l.ereder tihatl gevc Bnno cr not�e F P� � _
<br /> , not less than 30 days frem the date the notice i�delivered or mailed within�tiflich 8arrnwer muyt pay all�um�-�etiured by this , � :
<br /> _ Security lnsirumen� Cf Sarro�er iails tv pay these tums prinr ta the expir:sion c�f'thiv �xriucf, l.endet may invake�ny� �.� .
<br /> -± ' remedies permitted by Stz+.Securitc lnstcument without further notire ardem�.s.�on Banc�wer.
<br /> ' 4 . 18. Borrower's[tigh!to RE;.�stsde. If 8arrower meet�certain ccn�:iianw. Barrmver yhall hav� fhe right to h:tve �
<br /> ��-' enforcement of Ihis Se.uriry[n�tra,nent di�continued at uny iime prior to tl:.t-arlier of: la)S duys(ar tiuch olher period as
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