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<br /> ������r�/�� LOAN NO. 1 5 3 9 2 1 4 5 7 7 '•:;:�:��*,=,
<br /> � 10.Guncie�uraa4lon. �t��pn Co4 ar����of tho Propoety,o�to r ors9 ey n�ce In�leu of cor ae►ri�aiio�a o eroby tn
<br /> ` I nny condemna41en ar o4ho g Y p
<br /> asslgned and ahall be pa�d to Lender.
<br /> In tho evont of a to4al takln�oi thd Fropdriy,ti�e�ror.asds shall b�ap�llesl to the stims secured by thla Securlty
<br /> Instrument,whather or not then due,wfth any oxceas pak!to Borrower.In the event of a partlal taking of the Property In
<br /> � which tho felr ma►ket value�t I s ument mmst11ately betore the taklnn�unlesa�Borrowe�and L nder otherwlse aghee In
<br /> auma secured by thls 9ocu y
<br /> the amount of the rocAeds multlplied hy the
<br /> wrr�t;�g,tha cuma�ecurcd by this Sc�curfry Instrument shail be reduced y P
<br /> ��� tdlowing trectlon:(a)the tota.l amount of the eums secured imrnedlately before the taking,dIvldcd by(b)4ho i�ir maeket
<br /> value o4 tite Property Immedlately before the taking.Any balance shall be pald to E+orrower.In the event of a partlal
<br /> .-K�-'"'' taking of the Property�n whlch the falr msrocet value of the Properry lmmedlately before tha taking Is less than the
<br /> ���°'""�`' amount of the sums secured Immedlately before the taking,u►�less Borrower and Lender oth�rwlne agree In wr(ting or
<br /> In trument�whethor o�not he$sums are thenedua. eeds shall be applled to the sums secured by this Security
<br /> � If the Properry Ia sbandoned by Bono�ver,or N,after nottca by Lander to Borrower that the condemnor offers to
<br /> : i mako an award or settle s claim for damagea,Barrowei fai18 to�epeo�saat fts optlon,elt�herto aestor�t�Q i or�re�zlr af 4he � ,��+-
<br /> � � nottce Is glven,L.ender Is authorized to collect and app y p ,�:;��:e�
<br /> ' Property or to the sums secured by thls 3ecuriry Inatrument,whether or nat then due. • .•��;�
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<br /> � Unles9 Lender and Borrower othervrisa agree In writing,any applicatic,n of proceeds to principal shall not�ztt�end or .,,�.'�,::
<br /> ments referred to In paragrapha t and 2 or�hange the amount of auch ,,.,.a�
<br /> �.,...:_
<br /> � �. postpone tNe dua date of the m�nthly Ray �,,,_�;
<br /> �'�',�� paymenta. .
<br /> � � � 11.Bonowar I�a3 Flelease�;Forbearanae By Lender Piot e iWulrr�Y. Extenslon of the time for paymant or �_
<br />-. � �.�� modtftcatlon of amorti2atlon af the sums secured by thls Securiry Instrument granted by Lender to any successor in ��R�=
<br /> � frrte�s4 of Borrower shaii not operate to release the Ilablllty of the origInal Borrower or Borrower's successors In _
<br />- - � inYo���t.Lender shall not be requlred to commenco procoedings against any successor In interest or rofuse to extend ��,��Y;_
<br /> � �,'. time 4or payment or othorwlse modity amortizatlon of the sums securerJ by this Securtty Inst�ument by reason of sny --� -
<br /> dom�nd made by the ari�inal Borrower or Borrower's successors tn lnterest.Any forbe�rance by Lendor in exercising �=rz��=,,;
<br />-- �.'�.� �ny rit�ht or remedy sha�l not be e waiver of or preclude the exarcEse ai any right or remedy. —
<br /> ' � ` 9�.Successon and Ass{gn�eound;Jofnt�nd Seversl Llabilfty;Co-slgnen. The covenanta and agreements of �__
<br /> '� thts Securfry InatNment shall bind anri beneift the successors and assigns of Londer and Borrower,aubJect to the _
<br /> , . provislona of pawa�raph 17•Borrower's covenants and agreements shall be Jolnt and several.Any Borrow�r who
<br /> � . co-slgns this Securfty Instrument but does not execute the Note: (a)Is eo•signing this Security Inatrument only to
<br />- ' mortgage.arant and convey that Bonower'�Interest In the Properry under�the te�ms oAryhls�aihai ende and anybothor
<br />'� ,. '��''' not personelly obiigated to pay r`ty lna.svm..ni�
<br /> the sums securea oy inl�oa�u� �8��-�-�
<br />'=' `�� � Borrower may agree to extend,modHy,forbear or make any accommodatlans with regard to the terms of thlo Sacu�iry
<br /> _� �i�• � InstrumeM or the Not�wfthout that F�onower's cansent.
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<br /> vL,w.»,�. 13.Lo�n Char�s�. If the loan secured by thi�Security Inatrumant Is subJect to a Isw whlch sets mtucimum oan
<br /> ''`-g` �-�: charges,artd that law Is fir�aily IMerpreted ao that the Interest or other loan chargea cdlected or to be collected In
<br />`�?-Y<- ""..� connection wfth the loan exceed tita permftted Iimita,then:(a)any such loan charge shall be reciuced by the amount
<br />���'�-"���i''�—` � necessnty to reduce the charge to the pormftted Ilmft;and(b any sums already cdlected from Borrower whlch
<br />����'':�a�' . exceeded permitted Ilmlts wlll bo refunded to Borrower.Le�er may choose to make thla refund by reducing the
<br />- =���-'��'�;� principal owed under the Note or by making a dfrect payment to Borrower.If a refund reducos principai,the reductton
<br />=="���� wAI be treated as a parttal Pre�saYment w(thout any prepayment aharge under the Note.
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<br />��-�:��-�� 14.Notices. Any notice to Bonower provided tor In this Securliy Instrument shall be glven by delhrering ft or y
<br />"""''�"�'"ti=-�`�"' ma111ng ft by flrst class mall unless appllcable law requlres use of nnother method.The notice shatl be directed to the
<br /> �y�A�z' Proporty Address or any other a�3dress�oROwer do�tgnato�by notice to Lendor.Any notice to Lender shall be given
<br /> -��`"'-�-�j-3 �..��..,..�..,....,,.ex a.i p�.+ara a�tdrASS stated herein or anV other address Lender desl nates by notice to Borrower•MY R
<br /> -iaEiYrc1J.N��+u��r.}�.,� uy���w�wuw...�....��' _ 7 1..w.ln►�ul�nn flh/Afl ___ _
<br />-----�—;�,�� notice ptavided for fn thls Security Instrument ahall be deemod to navd unai i yi�a�40�3��:.�s;:.�-x.��. -�� - - _
<br /> ����-.� as provklecJ In thls paragraph.
<br /> �__:-�.��,�,� 16.Govemin�Law;Ssverrbility. 7his Securtty Irtstrument shall be gavemed by federel law and the law of tho
<br /> �_�_� Iurisdictlon in which the Property Is Iocated.!n the event that any provision or clause of this Security InstrumeM or the
<br /> ---- °--�� Nate cor�ficts with spplicabl�law,such confllct sPsall not affect other provisions ot thls Securfiy Instrumont or the Nate —
<br /> --�"��?!E� which can be gt�en effect without the conflicting provislon.To thls end the pravtslons of thls Secu�t.y InBirumeM and the
<br /> Note are declared to be severable.
<br /> ---_—��:°�.' id. Burrowsi'6 Copy. Borrower shall be given one conformed copy of the Note and of thls Security Instn�ment•
<br /> '� 17. Transter ot the Property or�Beneticlal Intere�t In Borroyrer. If atl or any part ot the Proporty or any
<br />--=L-=�Y°�. • Imerest fn ft Is sdd or transterred(or if e benafictal Interest In Bonower Is sdd ortransfened and Borrower is not a
<br /> ---. Y`�-F"`�'�' natural person)wfthout Lender's priorwr(tten consent,Lender may,at its optlon,requlre immodlate payrrtent in full of�II .�--_
<br /> -.-='�:.�aF�'�`�x sums secured by this Securtry Ins4ru�nent. However,this optlon shaU not be exercised by Lendor if exerc(se Is _
<br /> _`-°:'=�;.•;t:,�� � prohlbfted by federal law as of the date of thls Security Instrumont.
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<br /> _ ;,�7;.:,;:, . , . FOCiM 3028 9/AO
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