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<br /> - cundee�e�tiae a a�er tating o�any:pact 4f.ttic Pmpe�ty.�r for c�nnveyanac ia iie�of condenn�tian.a�e he�e1�►assi�ned and - .
<br /> . s6ali be p�id to l.ada . � ` �
<br /> In t6e evau of a totaE taJcing o4;d�a`F�operty..dr`c�xoceeds�shalt 6c applied to t[ie snms secitred bY t6is Secu�itY�� '
<br /> .Instnneene.whaher a mt tirn duc.w(tir:trng excess p�ud to Bormwer.'In�he ovent of a partiat talcing of tfie Ptopettp in, � . .
<br /> .. :which thc fair m�dcet vaIue of,t�r Pmpett}�;immsdiatelY befure tht tafcing is oqua!to or greater than the�rrwunt of the sums .
<br /> • � seca�ed by this Securiry insorument ima►ediuely beforc thc taking.unkss Bormwtr and Leader othetvYise agrcr in writing. . : .
<br /> - -` ---�iiesoms sxuRd by ihis Sccxuity.Ir�suum�att shal!be retluced by the anwmit of tbe p[aceeds,multipiicd by the fdlowiag _ -
<br /> ' ftaction: (a)the tatal amount o€th�sums secu�ed immedi�tety ixfae the taldng,divided by(b)ttie f�irmarket vaine oE tbe' � .
<br /> _-_ p�peny�atclg fuiaceil�e�atoin�.._AnK.�t�.s�t ba paid to BaRawer. in ftte cvencof e pani�t�tCinB of fhe --
<br /> ptoperty in which the fair markeE vatue n$the RapeRy immed'ratelg befone the tatcing is kss than the�psoun� lua6k�law .
<br /> secvned imaxdiately 6efae tl�e talcin�unkss Boauwu and Lendec atpe�wise agree in writing or 4��aPP�
<br /> otfxrwise pcorides.the procxds shali b�applied to the sums secured by this Security Instrument whether or,not tt�e suras ai�e
<br /> ` .thea due. � . `
<br /> If the Properry is ai�ndonad by.Hart�i�wes.or if,afta natice by Lender.w Bamnwer that the ca�dnnnor offees to m�ice
<br /> an award or seak a ctaim fa damages.Bcxsowe`fa�7s to respond to Lender within 30�ays after tI�e'date the notice is g'rvrn,.
<br /> i.ender is autlwri7td m coltect ar�app�}�;the proceeds,at its optia�.either to restoration or iepair of the Ptoperty vr to the '
<br /> samc secu�ed by this SecuritY Instiu�ene;:whether or not thec►due. •
<br /> -�- Ualess.�.ender and Sufrowec_QC�wise agnee.in writfng.any appiiration of pnucceds to princi�i shait t�ot extend a6.
<br /> �:.;`p�°i�:a�nt dnedaie af t9e�nth�`���y;tieQts tefesred to in paragraphs I�d Z or c6ange the amoaat of u�h��vment�;:..•:.;� ' . -
<br /> - -_ • . 1L.Bu�s�+rer N�t F�t��R�fiiearauce By IRader Not a Wuver. Extension of the time.G'�r;`i,�u::, `�;`it, �- ,
<br /> ,.: ;-:•,.:•.. .
<br /> _- tna�io�of�tna�^�a�a�.�.s�.-yis�`sectned�by dus Serurity Insmtment�-a�ted by I.ender to any succ�siar ra:i�ili�Slt�
<br /> --- ' • ,�� ,of Ba�rr�iX�rsfia3i ain�a�p�`�:��e�tlr.fi���af the orig'mat Bamnwervr Harrowers successors�.irt�r�.�.: .. -
<br /> ._stwi�not'6G`reqriu+e��a.�-��p��ej�Isna�s�a�►Y succ�ia 3ntei�or iefiue ta extend time��'�r,�ene�t°�;
<br /> - —. •.`;.6d�swise��tiacio��.s�..�i's sec�'r��this Seciiriry irisnu�t ir�ieason ofany demand made�`�e onginal.
<br /> _ — "`•'#3u�iawe�or�Borm�er"s ss�ccessots ia utte�c�est. �iy forbearance iry Lerider in e;crcising any right ar re�dk�all uot 6e a ,
<br /> - ^�� waiver of or prcclude tl�exercise o8 an��pght or recnedY• '
<br /> -"- Ib Sua�sosa aed As�i�,es�Bamd.Joint�uid Several Liability:Co-signers. The cmenants and ag�eements of.this
<br />_�,=;_ Secuciry inst�ument shalb bind ard b�r�fit the�successors and assigns oi Lender and Botmwer.zubject[o the provisions of
<br /> , paragraph 17.Borrower�s covenants and agreements shall be jaint and several.Any Bortower who co-sipts this Secarity
<br /> ., in�ament bw daesnot execute It�e,N� (a)is eo-signing this Sect�rity[nstrument only to mort�ge.grant and convey that
<br /> I� I Bcxrov►es's interes�t in tha Ptnp�arty.nrider tlie tenns af thi�Security Instmmenr lb!is not personally obligated to pay the sums ,
<br /> secuctd by thia Security Instrumcnt;atd tc)Agrees that l.ender and uny dher 9orruwer may agrec ta eztend.ma4ify.forbcar
<br />: �.,.� or make any accommodationv with�regard to the tetms af thix Se�urity [nsuument ar the Note without that Borravrers
<br /> consent. �
<br /> ' i 13. 4wn Cluirges. [f ttie iaan�sccured by thi+Security Inytrument is subjec�ta a law.which�e�s maaimum 1o�n
<br />- char�.nnd that law iw finnl[y ineerpretod w that the interetit ar ather►aan chargec collerted ar ta be coltectcd in eonnerdon
<br /> with the loan exceed the parmitted limus.then: (a)any such Inan charge shall be reduced by the ainount necessary to reduce
<br /> � :� ' the charge to the permitted fimit;and tb)any sums already collected from Barruwer which exceeded pertnitted limics wiU be
<br /> , refunded to Burrnwer. Lender may.�tit�ase ta make this refund by reducinb the principal awed under the Nae or by maklog a
<br /> ��°;� direct paymem ta Boaawcr. If u refurxf reduces principal,the reduction will be trrated��partial prepayment without any �_� Y
<br /> .`�;•` prepay�t�enl charge underthe Nate. _-
<br /> �, �j 14. Notices. Any notice ta Basrower provided far in this Security lnstrument shall be given by delivering it or by ��� _
<br /> ' mailing it by first class maiE un[ess applicable!aw requires use af unather me[had.The natice sha!!be directed to the Propercy -�;;�T�R
<br /> � � �" Address ar any other address Harrawer designates by rtatice to Lender. Any notice ta Lender wha11 be given hy first class �{;,-�
<br /> � �':' mail to Lenders address stated hereirs or any other address Lender designates by notice to Borruwer. Any notice pravided for
<br /> - �{: in this Security In�trument shall�ba deemed to have been aiven[o Borrow•er or Lender when siven ac provid:d in this _ ��::
<br />. ,�.a= paragraPh• . ��.�`"_-
<br /> 15. Governing I.aw; S�verablNty. This Security Instrument'shall be govemed by federal law and tl�e taw of the •...'."_',.4':.
<br /> -- jurisdiction in which the Propeny.iv tacated. In the e�'�nt that any provision ar clauce of this Security Insw.�ent ot the Note .. �:,1�,i �,
<br /> � '- conflicts with applicab[e faw,tiuct�canflict shall nac��;ect other pravisions of this Security Instrument or th�Note which can
<br /> ���,; � . be given effect withouf thc mn fli;.�ting pruvision. To t his en d t he pmvisions o f t his S ecuri ry lnsmrment and the Note are : .' � '�
<br /> �.n�. •' '—
<br /> ,s�, .,, declared ta be severable. _
<br />- 1 6. B o rr o w e s's�o p y: B c+s r o w e r s b a l l b e g i v e n o n e w n f o r m e d c o p y o f[h e N o t e a n d of t his S e curit y Instrumen6 �. ;: <.,;�,:'-
<br /> � `, ' 17. 7�ranster af Rtre Property or a Benetiaal Interest in Borrower. if z�E or any pan of�he Propercy or any interest in "'' •r��
<br /> �=i it is sotd ar transfen�{ar�if a tx;neffcial intere�[ in Barrowcr is�o1d or aa:a�.°:�ed und Borrower ic r�oa a naturat person) _
<br /> ;`•% withouc 1.ender's priar wptten con�tnt.Lcndcr mav a1 its nptian.reyuirc im�ee�:�te payment in fu l l o f a l l sum s s e c u r e d b y •• -.
<br />�';i!;;.y_ �,::=' thi.v Se��iry lnstrument: Hawevcr�thi��pti��n shall not bc exercised by Lea��°-if exerci.e is prohibited by federal law af of ,
<br /> � . the date oi this Security ln�ctrumen��
<br /> ' �" lf i.ender exerciseb this optio�;•Lender sh�ll�ivc Hnrc�rwer notice of�cce?eration. '('he notice shall pcovide a pedod of -
<br /> � ��.' no!te!�w than 3b days from thc date�ihe notice iti delivered��r mailcd within ui�:y��orcower mu�t pay all sums secured by this
<br /> '' Securiry instrument. Ii�Btirrov�cr�fails ta puy thetic�umv prinr to thc expir::c:^m of this periad. l.ender may invoke any
<br /> � ��..�;.� . remedies permiued by thiy Securit��Idstrumcnt without further n���ice nr dcmand nn Borrower. �
<br /> ' . 18. Banowe�'s Righr�to�Rdtutate. lf Bartowrr meets cert:dn cemditians. Burcower shall have the right to have
<br /> � J' .� enforcemene of thi�:Securit�1r.svun:�nt disa�nlinucd at:my time prior to the carlicr of: (a►S day�:(or such other period�s
<br /> 7 ' .
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