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<br /> - �ion or odxt nicing of�ng part of the Ptopetty.or far convey�aoa in tiru of eoada�matiun.�ct�eceby�ssip�od and - =
<br /> . . afialf be paid to I.rnder. f . ` .
<br /> -- In tbasveat nf a aotal taicing of the Ft�pectyr.t6e p�aceeds shall bc applied to:�sums secuied by �his Se�vrity
<br /> • . Instrumenb whetli+eer or not thrn due.with ang eacess paid to Borrow In the eYer.t of a p�ctial takir�g of tbe Property in
<br /> � which the f�r maiicet vaWe of the Fropect}r immediatety befone the ta�'ngys equa[to or�eater tban the aa�ount of the sums • -
<br /> §ecuned 6y this Securiry Insutiment immediatcf�6efar the taking.unt�s�Bamwer 3nd l.ender od�rise agee in writing.
<br /> d�e sun►s secut�Q by this Security[astcumcnt st�ll 6e miuced by tlx artsoun�of the pruceeds muluplird by the fottowing
<br /> — . fraction:-4a1 E!�tpta!amaunt�f tbe:sums securad immedi�teIy tufoir tde takiag.divided by tb)thc fair marlcet valut of the -- - --
<br /> ---- . A�apetty im�ned'+atciy bcfoc�e tl�c talcing. Any 6:tE�nce sttatl�be p�ta$omaarer. !a the.event of a pxniat.takieg oi the - -_----- --
<br /> Ptopeety in which tM fair marlcet vatue of the F'ropeay immediately befom tM taicing iy tess thar.the anta:nt of the su�ns
<br /> socu�ed immediuely beforc tlte talcing.uniess ilorruwer aad L,endsr othen�ise agree m wnt�ag nr unless npplicable.faw — --
<br /> = othe�wise provides.tt�e praceed.c shbll be app[ied(u�he sums secured by this Serurit�Insuument whcther or not the surm aie. --_- ---_
<br />~� = theo due. ' � : . , ��--
<br />-3 � if the Rnpe�ty is abanda�ed by Boauwer.or if,aftrr ao[ice by Lender to Basawec fhat the condemnnr offccs ta m�ka — -
<br />'�;: �avPard or settk a ciaitn for damages.Barrowec fails to tespond to l.endet withire 30 days after t6e daze tl�e noticc is�givert.• - ��_—_-
<br />_ � Ltader is authorized to rnikct and appty the pnoceedk at i[s option;eidser to restdsation c$repair of thr Pmperty or to the -
<br />:s-: � sums secund by tbi.r•Securiry Instrumen�.whe�tses or eot thcn due.- - - ... .._ . .-: - - -
<br />'�-� Unless l.ender and Borrower ott�erwise apee in w-riting.any applicaticxc of proceeQs to pcincipat sball:aae extend or _-- -
<br /> - postpoc�e the dae d�te af die montfil)i�ymeats refeaed ca sa paragraphs l and 2 ar change U�attiount of sucit payment� - =�=��_� -
<br /> 11. Bor��rer Nai Rdeased; FarNeArance By 1.eader Nw a Wat��er. EatensioR.of d�e time for paymeat a �;���=
<br />'.{:�� i rttodificutian of amortizatiort of the sumc seeured by this Secnrity tnstransent ganted try lxnder to any successor iR mte�est _-- _-�-.
<br />_ ��- of Borruwer shail not operate to release the lia6ility af dye ariginai BcKmwer or Bcxrower's siicccssors in intergst.Lender ��:
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<br /> .�'-f: shaU not be required to commeace proceedirtgs against any snceessoc in intc�nest or refase to eatend time for payment ar_ yr'°=�'-�
<br /> � othecwise modify amortization of tbe swns secuced by[his Security tnsunment by reason of any ctemand made by the original ��,
<br /> Bo�sower a BocmweF's successors in interiest. My focHeuiance by I.eader�in exereising any right or rrmedy shall not be a �'.�.--
<br />^� -. ' w�4er of apraciude the exencise of any right or cemedy. � ��'-`,.�.�--
<br />-}��= �;� � . 1Z.'Srecesw�s a�d Assi�ns Hound.Jdnt sad Sereral Lia6Uity;Co-slgnas. Ttie covenan�s and agreementc of thi�r• . �'_"':
<br /> - Seeurity Imtrument shall bind and benefa the successors and assigns of Lender and Bareawer.subject to the.provisions af `�=;: _
<br /> � - i ;paragraph 17,:Banuwer's cavenants�nd ageements shall be joint and several.AnyBarrower who co-signs this Securiry "'�:{---
<br /> �. ����` Instnunent ht�cdacs not execute the l�fote: /a)is co-signing this Security insttument only to mongage.gtant and convey that • ;.�
<br /> . '�' j �� � `�� Eaaower s irrterese in the Property under the ierms of this Se�urity instrument: (b)is not personally obtigateQ to pay the sums :-�-. -
<br />�;; . ;'.'= ' '� � �d by this Securiry lnstrument:and(c)agrees that l�er and any other Borrower may agree to extend.modify.far6ear -• ' ��
<br />..,;�:;,.; �Qr m�ke any accammadatioas wid� regard to the tcros uf this Security Itutrument or the Note wiihout�Itat �omowers . r.:��=_.- -
<br />:,P7_l�• i'p...� CQ3ISCI1� . � �;�r'�'—� -
<br />�:::=�4��;;� , yx: 13. tuaa If the loan secured b this Instr�t is sub" to a law which sec+m�ximucn taan � • �:_-
<br /> C.6arges Y S�i�srin 1� ,-:�'•'::..�a.�__
<br />;��:f.���� " ' � s charges,anA that taw is finally interpreted so that the intec�t o�ather Ev�.chacges collected or to be collec�ed in connectiae �-.;�-
<br /> ''`'"t'' wnh the toan exoeed tl�e pem�iued timits.then: (al any sacfc 1'c�an charge shaU 6e ceduced by the amoune necessary ta red�cce �'�r'�
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<br />:r•??t',;;� � ` tfrecharge to[he pem�itted limi�and(b)any sums already ca4lected from Bomow�r which exceeded permitteci limits wiil be <��;.�!f=_:�•
<br /> �'�:���:` ,�:� , refunded to Borrower. Lertdec may ehoose to md9ce this reftmd by reduciag tl�e principal owed under the Note or by making a �; � :_.-
<br /> : - _ :�: ' d'rrect paymetrt to Borrower. If a refund rectucez principai.the reducdon wiil be treated as a pamiaT prepayment without any �''� �;-��; �
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<br />: .�.�: ~ ;�,,• �, . ' prepayment chargc under the Note. �`.� .?:; -��_
<br /> --� 14. Notices. Any notice ta Barrawer provided far in thi9 Security InstrumenE shall be given by delivering it or by �`�� ''�'�
<br /> � , `'.�-.. �;�.... , -�.+s�_
<br /> �• ��.���� ma�ing it by first ctass mail unless applicable law requireti are of another methnd.The notice shall be directcd ta the P�oper[y s,•:"'��,°_.:� � �
<br /> � �� � Actdress or any olher addrexti Barrawcr designates by notic�to Lender.� Any�otiee ta l.ender tihall be given by first class ;�+!;;:��,;�;
<br /> - - F�"�� mail to Lender's address stated herein ar any ather addresti LeRder designates by notice ta Bnrrowcr, Any notice pravided for � - • : -'
<br /> �`�''�:: �. in this Security lnstrument tihall be deemed t�havc hcen giti•en to Horrower or�r.�er when given av provided in thir • � ��� -
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<br /> ' .. This 5ecurit Imtrument xhalf fx *o.�rrtzd b federal law and the taw of tlie '�'-
<br />_ -:;;. 15. Governing Lawr;Severabiltty. Y t, Y �--
<br /> �'� ":�. jurisdicuan in which the i'ropeny is tacated. In.the event that any proviYion or c(ause pf this Security ln�trument ar the Nate _=__
<br /> ' , t��:_ confliets with applicabte law,such conflict shall not affect other pravisianr af this Security intitrument or the Note which csu� ;�:. .'��,'•;.:'`�^__
<br /> , - .•..� . ::,:.;��..•.� ,�-;�= -
<br /> , ar• ia(��. be given effect without the ca�rfTiainn pravision. To thiv cnd thr provisions of this Security tnurument and the Note am :��,,•-;
<br /> ��-�i�i�� +.r, •� ; ,,i;:..,; ��-`_
<br /> ,z�,-� :�•, �� declaredtabe�everable. : .• ;;':t_;;,f:''.itr.._...
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<br /> �,,�,;,•' ,,..;�'. , 16 Borrower's Copy. B;���zr�t�Gl l 6�given onc canformed ra af the Note and of this Secar� •Instrument: ���;r;i'`.' ,,;•°-_�__
<br /> PY iy �a;;�.y;�.
<br /> ' �:t � ' 17. Transter ot the Propee�t; ara BErtd�cial interest io Borrowe�: lf all or anti part of the P�oo�2y or any interest in � ''�"` '���.
<br /> }�... :r... - ��:
<br /> it is sold ar trunaferred(ar if�:Ixr.�i,:i�T'cnrcrest in Borrowcr iti tiold ur transfcrted'w�i Barrower i�nat a naturz3 personl :;.,_�., .
<br /> '`�Y, without l.enderc nor writtca rec�c:t;l.ender ma .at it>o�tion.re uire immediate•�r.��ent in iup af all suns��;.'red b ;r,i.;�:q, :-�a�°
<br /> this 5ecurit lnstrpument. Hoa.�sr;r.thi.o t�an shall nat�exerciticd b l.eader if e�;c%�;:�is rahibited b federwt�.��a�of ,f;::'{' "�. ,.
<br /> .. . ��� y P� Y P Y � . z..�:�.:.
<br /> , � �`�..u��-: �;_ .. . Ihe date of this Security Instrumenl. . . . • ` r
<br /> ' ;"�'�. If Lender execcises this option.l.ender tihs�ll give Borra«•er n���fice�'.'acceleratiex..��'The nalire shaU provide a period of �
<br /> '_,•,;:' �. .,, .. - -. •
<br /> _ �'��,._{;. nnt Iesc than�b days from the date the notice ir dclivcrcd nr mailcd witk�R a hich Bonnwer mu�t pay all xums,ecured by this ,
<br /> ''�"` ::`�%'�� ' ' Security lnsirument. If Bo�rower faik�c� pay thc�c �um+prior u�the expiruti��n c:u�i.perincf. Lendcr may invoke any � � '
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<br /> x.1�,,;;:�, : • ��• remedies permitted by this Sccurity Imtrument withuw funher nutice ur demand an Burr��uer. , ., .. .
<br /> � ��`"�`•�� .. f 18. Borrowes's Right to Relnstute. If Borrnwcr mcet�cenain c��nditian., �x�rower�hall huvc thc right to have� ` ", , .
<br /> ' • �"'�r' ' �' � • ' enforcement of this Serurity Instrument diu��minucd at any�imc prior to�he carlier nfi I:U.r+duys Inr�uch other periad ac � � . .
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