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<br /> �`�at aher wking'of aay part of tt�e Propeety.ur fa�conveyat►ce in l�eu of capdeaumtiort..
<br /> ' s6ail be pnid to Lendec` of the A+openY•the[KOCeods shall De appli�d w the sums,secured by this Securit�► "
<br /> ' In the.event of a`total talcing to 8ormwer. [a tl�e-event�of a partia►t�kiq8 of the.ProQerty in .
<br /> - Iqstnmmau„whGhet a nat tben due.with any excess ptid �
<br /> which the fait muket_value af tl�e Propert7!.unr�ately before the taking is cquat tb or greatet th�tt eRe amounc af��
<br /> � sec�ned bY this S�unry Insonanent immediateiy befa�e the taiQag.untess Barrower and l.erider o�l�erwis�agiee� .
<br /> �the sn�ns secured by this Securicy instnrma�t st�ail be reduce�by the amount af the proce�edg multiplieQ by the foltawing-
<br /> ' fi�ion: (aZ the tatal.amount of tl�e surtts secusr.d immediately beforc the tai�ing.divided by.(b)the fatr marget vatue of�he
<br /> -- -- ' tQ.&xro�rer. In ih�evenc:�,partiat taking of thc
<br /> _----_--�ia-periy immedi�tybzfore the,t�icing- �3►� un�'�atetyi ixfore the talcing is less than the smount af tise su�s
<br /> � pt�nperty�n which the fav madce�vaiue a�c�er and Lenier ahenvise agrc�in wnting or unless apQtic�tste law
<br /> seca�ed immediately before tht tat�ing,
<br /> athetwise ptovides.the ptocecds ssaU be apptied to the sums secured by this Security insuument whether or rwt the semis ace
<br /> tlren due.
<br /> If the FropertY is aba�ed bY B°Tn°wer,or if,after notice by Lender to Borrowet that the condemnot offets to make
<br /> an award or seule a claim for damages.Bamwer fails to respcx�d to Lender with.in 3d days a�r the�t��is given,
<br />--.- L�a�der is au�ai��ed to coltect aad apply the pmceods.at its aptian.either co restar.uion or repair
<br /> or to tbe"
<br />�x' sums secuied by tttis SecvritY Instmment,whether or not then due.
<br /> = Un�s Lender and Bomnwet otherwise�S�ce in writing.any app{icauon of p�oceeds to principal shall ant eatend ot
<br /> __- poscpot�e tde due date of the awnthlY P�Y�u refer�ed w in paragiaphs 1 and 2 0�'c6ange the amount of sucb(�aymffits. _
<br /> - il. 8ocro�er Na Iteleased: Fotbeaeance By�i.e�da' Not a WAtves Exrensian of�he nme for PdS�me�u °r
<br /> -��' modifieadon of unactization of the sucns secured by tt�'cs Securiiy Instrwnent grrnted 6y i.endei fo mty�successo+raL'iatesest
<br />'f'� of Haicowet sha11 ant operate to re[ease the liablity of tTie original Borrower or Borrower's successers in inteFSat.l.ender
<br />� sfiail-not 6e seqaired to commence Pm�dis!SS�st aay successar ia intenest or refuse to extead time far PaYme�tt•or
<br /> - . ,. uthe�wise madify amortizadon of the sums ses�ued by tti�s Sec�tY�nt by reawn of any deniard.uwde by ti��8��
<br /> - - - -Bci�uwer or Borrower's sacoe�rs in interest. Any foifiear.uxa�by Le�cter in exec�ganY ngheerteinedy sl�ali 6ot be a
<br /> - �"'t��aiver of ar pceclude�he exenise of any sight or rert�edg: � , � .��v���.���of this �
<br /> - 12. Saa�ocs aed,Assi�ng Boundt Jdnt�nd Se.�raFLiatn'G�F:Co��
<br /> �� Securiry lns�nt shall bind and benefit the successors and assigns.o�Le�der and Borrower,subjecE to tl�e provisions of
<br /> . '{�.. .�agraph 1?.8:�rrower's covenants and agreements shall be}oint ai:d.several. Any Borrower wF:o co-sigas this Security v
<br /> •- - �ment 6�it dces twt execute the Notc: ta)is co-signing this Sesurity Tnstrumeat only to mortgage.gr�dt and coAVeY that ��_
<br /> � " Borrower's•interese in the Property under the tem�s of this Security Instiurnenx (b)is not per5onatty a6lignta!ta��'.�e sums , �6�_
<br /> . _ � secured by this Security Inswment:and(c)a�rees that l.ender and�ny other Borrower may agree to extend.modify.forbear �:,-_.
<br /> ' ��''' or make sury accomnwdations witb regard to the teans of this Security tnstrumert nr the Note.�vithout that Borrower's =��_
<br /> consent. ��'�
<br /> �"_-
<br /> ' � 13, Loan Charges, if the loan secured by this Security InsWment is subject ro a law v:�uch sets maximum toan _ _
<br /> . . caarges.and that lacv is finatiy interpreted xo that the interest or otl�er loan charges collected or t¢T�e�ultected in c tonnecti� -----
<br />• -�` : ai*:h the loan exceed the permiated limits.thetl: la)any��oan ehazge shall be redc�ccc�by tha amaunt necessary _
<br /> the chargc to the permitted lim�artd(b)any sums alread�c::�llected from Horrower�-�ch cxceeded permitted timits will be .��.�._-
<br /> '..� refanded to Sarrower. Lender may choose to make this ieCcc.�d hy reducir��the principal owed under the Note or C�making a �__
<br />.. � 'ii• �, ,"�•� ditect paymeni to Borrower. If a refund ceduces principa:ttte redactiar�'�dt 6e treased as a Parti��ayment without any . �_s�_
<br /> �,.� �,. .;. �`-�:.M
<br /> ;. , pm.�ayment ctiarge under the Note. ,,�-�._
<br /> � 14. Notices. Any�otice to Borrower pcovided for in this Security Instrument shall be given by deliverinE.it or by ,,.. �;.
<br /> ma�Ting it by fir+t clstss ma�"�un1ess applicable law requires use of another method.The notice shall be directed ta t(L Pi'opertY �,.F_ . .,,
<br /> ' Address or any other address Burrawer designates by rta�ice to Lender. Any natice ta Lender shall he givert h�'C�c class :'t_ "
<br /> � ;` ' mail to l.ender's address rtated herein ar any ather address Lendcr designates by notice to Borrower. Any notice�vided for
<br /> ••,;'. '.� in this Security lamument yhall be deeme3 to have been given ta Borrower or Lender when �iven ac provided in this �_.
<br /> s�Gi:iY-:
<br /> ..: p�B�Ph• : i.; ,;.
<br /> ' � � ' I5, Governing Law; 5everaQility. 'C'Gis Securh} Murument shall ba gavemed by federal taw and ti�e law af the ;,t, : _;
<br /> ;-'��.: ,�ui.5diction in which the Property is lacated. !n the e�'erw r:�at s+ny prnvision or clause of this Security Insvunsent�r ihe Nate _�. :., .. ,�
<br /> � ... �::',.:;�- �,
<br /> �;,;. conflicts wilh applicable law.sucb confliet shall not af,i�.,.�►ther provisians af this Securiey instrument or tt►e hore��ich can ,�;r:;;;;•,:-,_
<br />. ,�:,:� be given effect without the conflicting provisian. To chis cnd the provisian�of thiy Securiry lnstrument anc�c::�tiote are k.�,,�;;;.,,.. :--
<br /> , • dectarect to ix+everabte. . .
<br /> •�6 8o'rower's Copy. Horrawer shAll be�iven one c�nformed capy oi the Note and af this Securiry lnstrumen�. : �
<br /> �'' �7, 'Iiransfer ot ihe Peoperty or a Beneticial lrttet�st in Borrower. If aQ ar any pari��i thc Property or anw i�cerest in •..;
<br /> 51
<br /> . �_. ,. ','i.
<br /> it i;.sald or trAnsferred(or if a Nene�cial interest in BorFOwcr ix sutd ar traosferrcd and Barrawer is not a naiura�persan)
<br />,- wi��out l.ender's prior written consent.Lender may.at its option,requirc immediate paymen�in full af all sam�s•�cured by
<br /> ' r- � this Security Instn�menG Hawever.this ap�ion shA11 no�bc excniscd Ay Lcndcr if exercisc is prabibited by federal law as of . `
<br /> � the datc oi this Security Instrument.
<br /> ' � - lf l.ender exercises this aptian,l.ender shall give 8onower nutice��f acceleratian. The natice shall pr�vide a period of •. .
<br /> • ° r.ot tess lhan 30 days from the date thc notice iti dclivered or mailyd within which Bc�rrawcr must pay all xumy securcd by this
<br /> � - y��=`-'a��* 5ecurity Instrument. lf B�+rrower fuilx to pay 1he�e sums priur io the cxpiratinn of tbis perial.Lender may invoke wtiy
<br />. ,:.,�;,,,....,...,� .
<br /> .wr- . :-� •- cemedies permitted by thiti Security Inxtrument withaut funher notice or demand nn Bomswer.
<br /> - "{=i�+`:i � "" 18. Botrrower's Right to Reln.State. lf Rurrower meetti certain c��nditiva�. 8orraa•ec shall h�ve the right to have
<br /> .�;•;;;�'
<br /> ,,��, enfurcemeni of this Sccurity In�trument dircemtinucd at uny lime p�ec tu Ihc carlier��P: (:+15 day5lar+uch e�ther period uti
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