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<br /> � ¢�or other taicing of aoy part of tite Raperty.a fpr convey�nce in lieu of cade�nQtion.arc hereby assigneci.aad
<br /> -sl�i be ptid to Lcnder. `
<br /> !n t1x event of�tat�i taking of the Prnpecry,the p�s shal!be agplied to the surt�s.s�cnrcd by this Security
<br /> • Instrament,wlxther or nat tlten du�with any excess pa�d to Boriower. !n the event of a p�rtixl tatcing ot ihe PropertY in
<br /> which the fair mar�et vaIue of t1�e['toperty immgdiately before the[aking is cqual to or�ter{har�the Amount of the surtty
<br /> � secu�+ed by this Savrity InSmuneat intmediazety befae the t3lciog.unt�ss Sorrower and.i.e�der aherwisc agae�in wsi�iag.. —
<br /> thc sums.secaued by this Secuiity Instnun�nc shall be reduced by d�e amounc af the proocedc multiplied by the fol[PWFnB.;�.
<br /> ued
<br /> fr�tion: (a)tite toW amaunt a€the sut�s secured immediately befoaC Hte tatcing.divided by(Es}the fait�rorket��e�piitte:�:_ -- ---
<br /> P[opertyr inunediatety befae tl�e talcing. 'Any balance shap be paid tp Boirower. in the event o[�a pattial[aking di the•t,
<br /> Fropecty in which tAe fair maricet vatae of the Pcopetty immsdiuely.befqc�the taking is te�than the amount iif the sums,., —
<br /> secured inuaediately befa�e the taku�S,untess Borrower and I.enQer:fltt�enYise agree in writing or unless:+pplica6te la�r • —_
<br /> . otherwise p�m�ides..the proceeds shall be apptied ta the sums�curad by this Se�,writy lnstrument whether oc�nat the sua�s am ,.
<br /> tbei►due. , . ,,
<br /> � If th�Property is abandoned by Somnwer,or if,after nanice by Leader to BoRaRer that the condemnor offen to matce
<br /> - ` �avear+d.a settte a ctairo foo damages:Borrnwer fails to respond to Lender witbin 30 day�atier the date the notice is given.
<br />- � • Lender is authexizod ta cpllect and aPplY the proceeds.at its opti�.either to restoration or rrpair af the Property or w the
<br />- — swn.c Secueed 6y ttiis Security insuwneRrw whetheror nat then due.: : , _ --
<br /> _ Unkss L,er�ana Borrower othenvise agree in writisg.any application af pruce�s m PcinciFal shall n�t exte�c};aE . —
<br /> ` � posipone t6e dc�e datr of the monthlY paYmettt.g re[emed tn yt PacaSrrDhs 1 and 2 ar change the amount of such paymept,�;��:. - _--
<br />`Y�� ' 1L Borr+urver Not Rela�sed; Farbearaace By I.ender-lVM a Ntaiver. Extension of the time far payrt�pt�ar, _ __
<br /> modification of atnaet�zation of the snms secµred by this Security instrument gsanted 6y L e n d e r to any,successor in interest ____
<br /> af Brnrower shalt�t aperate to rekasc tt�e tiabilityF of tl�e origimal Barrp�er or Borrower's succes,s�,:in iaten�sf.i.ender _. -
<br /> ; shal!pot be eequin�"io commence proceedings aga'tnst any successor in interest or refuse to extert�#.time.for paymenE or =-_
<br /> otlxrwise madifY asnortization of the sums secuced by this•Security Instrument by reason u�any dcmaad made by the�nriginal. _ , __ —
<br /> Bo�mwer.or Bartower:s successors in interes� Any forbeatancp:by I.cader in exe�ising:any�right Pr ze�nedy shal4 n�t•6�a �-
<br /> _ � , waiver af or pnxlude the exemise of any rigM as�tnedY• ' `' =�-��-
<br /> ; lE. Successors aad Assigag Bouad;doiat and Several Lia6ility:�a��ners. 7h�co�et�arlGS,acsd�nts of th�s . , �;.. --
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<br />: s S e c u r i ry I n s u u m e n t s hall tiu�d and benefit the Successors and acsi g n s of er and,BorraKet su6;ect t�t�e provisions of �,�„��;.-_
<br /> -__- "�' - paragtapi►17.Bonnwer's covenants.and agrgements shall be joint and several. At��fleFrau�er wtr��'pi�s}Sns this Secu�ty.; i�,KF::,";�
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<br /> :' ' ' Insuument twt daes not execute the Note: (a)is co-signing this Security Irtsuument oitiy:.tcF tiwftgage.g�t and cun"re��i�t,�,:,� " , ,-.,a��<�•._
<br /> �' ' �f� , Borrowers iqtetest in the Pruperty under the terms af this S Insuument; (b)is nct all obli ted ta a �ie.i;pi�.g.., ' '"''��
<br /> ec�crity �xmn Y P� P Y ; : : Sv-
<br /> `•,;`• �!1:� '� secured by this Seauity Instmment;and(c)agreeq that Le�azd any other.�onowet rsae�.a�ree to extend,,modify.r?rheas � ` ` -
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<br /> � ar make any accamn-�datic� wilh regard to tlte terms a€t:�iS Securitp.�ssttniment ns t�e Note wii�a:s that Bormwer's . .. • . �.• =
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<br />: •� -_,:• consent. . . ° ' ,.:r_�.._===
<br /> : ; 13. LoAn Charg� if the toan secuced b}^this�Securet�'�Instrumeai is subjec�ta a.taw w•hic�#i;si:ts maximum taan -;:.'_..�«':_
<br /> -•''~ charges,and that iaw is fnatly inrerpreted sa thattSte intere�a:dther toan char�e.s colteCtednr to be coltected in connection -` -
<br /> ;•� with the toan exceed�pemrittsf ii�it�..tkect:�EaT�ny.uch Iaan char e shaA be reduced b the amoynt necess to reduce °�"`_
<br /> s S Y azY �t',:�:�v-
<br />. .;,,.� the charge to the penni3�..�d timit:�t�{6t ariy sjuns alteady cotlected from�orrower which exceeded�itted limits will be �•_::_
<br /> i . ! • refuaded ta Bartowec: �eader may choose w mak�this refuad by reduein�the principal bwed under the(±fote or by making a ��'.-''?#''�;�—
<br />� .��"�� direct a ent io 6orrower. if a refund reduce4. nci al,the reduciion,Wtll.tie ueated as a partial prega7�inent withaut ar�y �_'���-k'4 "
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<br />�,'':; prepaymant charge under the Note. � � : =_
<br /> ;`•• 14. Notices. Any notice to Barrawer provided for in this Securily lnstrument shal!be given by delivering it or by ., °_-
<br /> < � mailing it by�rst ciass mail unless applicable law reyuires use of another melhod.The notice shall be dimcted to the Property ' ,•; . __
<br /> ''�� :�.. Addre.�.�or any o�her addre�s Borrawer detiignates by notice ta L.en der. Any notice to L.en der s ha l l t x�iven by f irs t c l a ss :
<br />.; �'%:.. � � mail co Lender's address stated herein or any athcr address Lendcr der.ignatas by notice�a Bonower. Any qot+RC provided for � _
<br />;<<;�;;�`" ', '� ` � in this Securiry IRStrument shal!bc deemed to have been riven ta B�rrawe�or Lender when givea,av pravided in this �
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<br />�'� . - ' ��5 Governing Law: Severability. Tbis Security lnrtrumcnt �hall he governed by federnl law and she law of the " '� �__
<br /> ;;�� . .; juri.�dlction ln which the Praperiy is tocataJ. In the event that any provitiion or clau�e uf thiy Securicy Instrumeni or the Note .. --
<br />- ' �'�'� • conflicts with applicable law.ruch canflict tihall not affect uthcr provisinns�f this Scrunty Instrumene or the�Note which can _
<br /> ` . ' -`�{"' ' be�iven effect without the contliciing provitiic+n. .Ti+Ihi.r end the pravisianr of thiz Security Intitn�men�A4d the Note are .
<br /> �' ' declsued to be+everable. �=
<br /> � 16 Borrower's Copy. Bnrrawer+haf I Fre givcn onc confarmcd copy af the Note and af thiti Sccuaty tnstrument. _
<br /> �� = 17. 'I1�Ansk�of fhe Prapecty or a Benefklal lnterest in Baerower. If all or any part ui the Property o�any interest in ._,�,,•-;,,;. �
<br /> � � it is sotd ac t�ansferred(ar if u beaeficial intere�t in 8nrrowcr is ti��ld ar transferrcd and Bnrmwer i�not a natura)�et+o?�3
<br /> without l.enderi:prior written consent.l.endcr muy.at it.r optiun,reyuire�mr�ediate payment in full of up sums secureti Ery . � � •.,,;�,µ�
<br /> �• ` . ' this Security Instrument. However.thi.r aptum shall not(x:rxcrciscd by f.er.��r ii cxercitic is prahibitcd 6y fedcral l�w as of •. =°-
<br /> - the da!e of this Security lastrument. � ' •. -
<br /> If I,ende�exercitie.v thls<,ption.Lender yhall givr Bocru�ver nutice of uccclerution. The natica tihull prnvide A periad of _
<br /> ` l"� not less Ihan 3U d�ys tram the datc the nnticc is dclivcrcd ar m�ilcd within which Barrnwcr must pay ul!+ums�+ecurcd by this ,.
<br /> .:y-�,_. •,
<br /> �'''`°"•" `'�? Securit Instrumem. If Bonawer faifs to a thcyc sumv riar ta thc ex iration of thi� ruxi, Lender ma invakc:►n
<br /> ;;,F,• y P'Y P P ' P�� Y Y , ;
<br /> • ---� �-�e•;':.. ' rcmedics pcm�ittcd by this Security lmtrumeni uithoui furthcr nolicc��r dcmand on 1i�muwcr. �
<br /> �� � <�' IS. Borrorrer's Right to Reinstate. tf Barcowet mCrts rcAain conditi�mc, B�muwcr.hall�hu��s the rigM to have � • •
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<br /> • ,,��„ti;y:,q . enfarcement ot this Serurity lmtrumcnt diuon�:nued at:uty timc priar to�hc carlicr��L• (a)S days(or sach nther period uv �
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