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<br /> " . co[idemnation or other takiag of any part of tAe Pt�npenY-ar for conveyance in tieu of candemcw�tion.ace heretsy�csignsd.ancf . �
<br /> - shall 6e paid ta l�.ender. . .
<br /> In the event af a total taking of the Pcoperty. the pmceeds�hal1 6e applied w the sums sec�d ay thtr Security
<br /> � - Instrtirrten�wh�f►er or not then due,with�ny esc�ess paid to Bam��er. In the event of a partia!taking oG the Frapercy in �
<br /> which ihe fair inaricet vatuc a£thc Property immediatet�before the takistg is equ�t to or greater th�r►tite amuuni of the sums
<br /> _— ` secured by this Security Inswment immediately beforc the taking,unless Botrower a�t�,4ender uthen�ise agee�n w�ihng. ��.'
<br /> _= the sums�secured by this Secutiey laswment sh�116e reduced E�y the amount of the,prp�ecds multiplied by the following
<br /> ----
<br /> - - - _-_-_ f�ia�;-�}�-��t-��nf af tbe•sums sss�sd.immediately 6efore the taking,diveded by tb)the fair market vatue af the
<br /> - - -- - _-- . -- -p�P�Y immediateiy before tke taking. Any ba[annce ahaii be paid�8o�ower. tn t1�c,event of a partia#tal'ing ctf t[� � ----
<br /> ---= Pcope�ty in which the fair ma[Icet vatue of the Property immediately 6efam the taking is lc.s.s than ttte amwutt of the sums •
<br /> � .secuttd immediately bertar the takin�,,unless BamuK�er anc!Lender'othctwise a�ree m vtriitiag or nnless applicabte law
<br /> nthetv►r'y�pmvides,the proceeds sha1l be appiied to the sums secuicd by tftic Secarity Instrumcnt whether or nat the sums are
<br /> ti�en dNe•
<br /> - If tde Pmperty is abandoneQ 6y Boicrower,ar if.after notice by�ender to Borrower that the condemnor offers tq make .
<br /> an award or settte a c�aim�or damages�.6ortowec fail�s to respond to L•ender within 30 day+after the d�ate.the nutice is gri+en. '
<br /> l�nder is authacized to rnllect and applp the proceeds,ac its optirn►.either to�estoiation or�epair af th�P�P��Y or to the
<br /> �n .
<br /> � sums secured bg this Securiry lnsmiment.�i�fietituor not lhen due.� �ic�bon of roceeds co nci al�shuli not extend ar
<br /> Untess Lender and Boaawes otberwise agree in a�ritiag.any app' p Pn P'
<br /> � pastpc,ne the due da(e of the mostthty payments�ferred to in para�,sr.►phs 1 and 2 or change the amnunt of such paymentS.
<br /> • 11. BorroWa' �lot Retetiscd+ Forbea�[ce By Lender Not a Wat�er. Exte�sion of the tiine for payment ar
<br /> �� '' madification of as�ortizatian af the sums secnred by this Security tustrument granted by L.enderto any successor in interest =-- -
<br /> • �:.�, � of Barrawer shall not opernte to reiease the liability of the oti�ina!Bocrawer or Borrowers successors in intenest.Lender
<br /> - shat{not be required to commence pmceedings agains�any successor in interest or mfusc ta extead time for payment or __
<br /> othecwise modify amortizatian of the sums secared by t$i�security Insuument b�reason of any demand niade by the original , _ __�_ _
<br />•�, '} �y �; Bors�wcr ar Bamnwer's successors in interest Acry.fur�r-nce 6y I.ender in exerrising any righf or remedy sirall na be a� . __-_--
<br /> ' R�.�af or preclude the exercise of any right o��sed�.;;:�;._". - ��—`—
<br /> .,��,'y�� '�•;��e.ssocs and Assigns Batnd,f����•iability:Casigners. T6e cavenac�i.�:snd agreements of ihis �r.�
<br /> � =�<.,�; S�c�irr��iisicair�ent shail bind and benefit the s..cce���:'s3 asS�S�s pf Lender and Borrawer.�+ubj�ct to!he prov isions of
<br /> ;-�,.:-�T ..: � p�gh ��_�orrower's- covenancs and a������1�int and several.Any Barrower who:�co-signs this Security �-�
<br /> � •�'''�=`:-"���-` invnutteaE iiuc daes noc enecace�he Nae: ta)#s ro:s,�-�cr��is Serucity lmuument aaty.ta martgage,gcant'and convey that , -tsr��-
<br /> . �•.,�,;..<,-: . . ,�,�c. .."�:
<br /> �.,��r_,�!��- ' •,:: • Barra�ver's intetest in the Property under the tecros:of t�:sS�:ariry Instrument: lb)is not penonalty abtigated to pay the wms ;_.,,; �.
<br /> � � -k•�` '`�"•`'�' ` ' s�uced by this 3ecurity Instrument;and(c)agr�that�.eader and any other Borrowei may agree co extend,madify,fo�6ear , •rn;��"''`.'-
<br /> — .'•aYi.,�7-�.. . � � � ��.
<br /> ` - '" • or mafce any accammodativas with regacd:v*.��e terms of this Securiry Instmment ar the Note wishaut that Borrowet's ,.,�:•;,�._
<br /> . � . ;-�"�.' -
<br /> r: .��. cansen� - � : � .
<br /> -' :=�:�;: " 13. I.oao Charges. !f the�oan sec�ec�'by this Security Instrument is subject to a law.wide[�setti maximum loan . :=,:F�-_:`
<br /> :t; �.:. .
<br /> �. ��•"`��' ,�' clur�es,and that law is final(i interpretect so that the in�eres�or other loan charges coll�cted or ta fie cbltected in connection '�,!F:�=���;�
<br /> "?�'"�``��`• .° �ith the loan exceed the permi�ced limi�y,then: ta)any�::d t taan c harge s h a i l b e r e�i a c�b y t h�a m o a n t.ne cess a ry to redace ti�,';�
<br /> .�: t a'-�� • `-�= ' thecharge to the perrnitted Iim�C;and(b)any sums a1�3c�c511ected fmm Borrowerwhich exceededpertnittec�.timjl,S wiU be ,� ;,.�_:�
<br />`'�:'. � °-��``"�'� r� ` ' �funded to Bocrawer. Lertder•may choose to make this i'efund By redw::in�ihe principal owed under e��.Ncrte or by making a • �,_�,�=".-
<br /> - •` direct payment tc►Borrowes. If a tefund reda�.�principa3,the�redu4-�iort,y�ill be treated as a partial preQayment wit6aut any.,• _ ;�::_.: :,�
<br /> ' ''. '' ' prePayment c[iar��imder thz!�Fpte.
<br /> a �
<br /> � ' . ' 14. Notices: Any notic�°,ta Borrower prav,ided For in this Serurity Instrument shall 6e given by deliverirtg it or by '��•-
<br /> ' mailing it by f int class mail usffess Applicabte law require��se of anrnher meth�.The notice�hall be directed to the Property �_
<br /> � � Addresc or any other address 8artower designates by nmice ta l.ender. Any natice to Lender+hall be given by fnt class ;.��` �y
<br />. mail to l.ender's address smted herein ar any other addres.Lender desi�tates by nntice to Rarrower. Any noti�:e provided far � •;.�,
<br /> �
<br /> " in this 5ecurity instroment shall b e dccme d zo have h een given t o B��w e r o r l x n d e r w h e n g i v e n a c p r o v i d e d i n t h i s _y.,:
<br /> ' � paragraph. ,��x<<-
<br /> 15. Governing 4aw:Severabllity. �Thi� Sccuri�.}'(r.ti:rument �hall be govemcd by fcdcral law and thc !aw of the � �r ;,
<br /> � ���:` �F • jurlsdictian in which thc Prapeny i,tocatcd. M thcs c�'en�.��taE anY p�pvision ar clause of this Sceurity Iaswmem nr the Notr , , �:�F��
<br /> � •.�;,,;`_::;�'; � eonfliets with applicable law..ueh canfliet tihall not affec.�other prnvi�ians of this Security tn�trument or the Note which can ''"��:
<br /> ;1:: - �^--
<br /> � - be given effect•withaut the con0ictinb provi4ion. Ti��hi�ead�r.e previtiiun�af thiy 5ecurily ln+�rument and the Note are
<br /> , �•. ; '�;� ; • dcclarecl to be�euerable. . � -`�.`'`
<br /> , ,. ,, � . -
<br /> ' � ' 16. Borrtiwer's Copy. Borrower shat6 bc given one confurr:�ccf cc,py of the Nate and of thiti 5ecurity Imirument. �;-.r:
<br /> ', ' 17. 7lransfer otthe Pruperty�r a Beneficial lnterese in Borrow•er If aU or any pan af the Property or any intcrest in �:��.,,: ,;. •. 'i;�.��•`..i
<br /> � � ' it is tiold or tcs�n�Perred(nr if:►bcncfici:d intcrc.rt in Bor�oa•er i.r.rald isr Irarnferred anct 8onotvcr iti nat u natural penonl
<br />� � - withaut L.cnder's priar written canscm.l.cndcr may.at it.ciPtian,rcyuire nnmcd�at;.�ay'mcnt in full af all!�umv tiecurcd by �{ r ��
<br /> �'• `•. �,�..
<br /> � t h i s S e c u r i ty I ns t r u m ent. Ftawcver.thi�c+psion tihal!nat bc excrciticd by lAiulcr if excrci�e i.pmhibited by federal law us af � .�'�`��^..
<br /> - ' ' ihe date af this Security Mstrument. ' E
<br /> • � If Lender ezcrcise�thiy option.I.enttcr shall givc�rrower nutic:of acccic�at�ert. Thc n�itice rhall pravide a pt�ri<xl of � . � .
<br /> - � aat tess than 3U days from�h�date the ne��ice i.deliverztif or cnaited a ithin�vhich f:c:r�;��eer mu�t pay all sums�ecu�ed by thi�
<br /> •� Security 1nvlrumenl. tf Borrotvrr f�ilti to pay thcyc�urn+pri��r tc� the expirilion<�f thi. peri�xl. l.en�ter�n�ry invukc tmy �
<br /> '. ._ remedies permitted by�his 5ecurlty In.trumem withuut f;.�:::cr nc�tice or demanJ ot�Bi�n'e►a•cr. �
<br /> � , � 18. Borrower's Right tu Relncfate. If 8��rrawcr mcct� ccttain :nnditi�m�. 8otruaer�h:�11 havc thc right t�� havc F
<br /> . � • enforcement of ihit Security ln.trumcnt di�ontinurd at.my timc priur±�Y tlir carlirr<3f: ia►S dag.(ur�ucti oQ�cr�rincl ati t .
<br /> .� . . �5:::_ir F�uuily••Yunnie ti1ae�E'�rdAit tl:n i'�If11RS11\ST(il'11E�T� l r:-�,nv('„ec:raot. 4,qU ��wi;'��J�,jn puti�.�i j ,
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