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<br /> � cundemnatioc�ar ather taking of any'pa�t of tht Propeny.cx fbr cnnveyancc in lieu oF condemnatian.are heceby�ssigncd and"
<br /> shal!be paid to Letider., .. , � - .
<br /> ' �1n the ev�t of a totat taWng of thc Prupercy.the'proceeds SGa11 ba applied to the sums k'curcd by this Secu[iry _
<br /> Instrument,whett�er or not then due.witfi any cxces.t paiA to Barmwer. tn thc e�rent of a parti�j t:�cing of tfie Propert}r in ' ___
<br /> • wdichtfic fair maricet value af the Property immediate'beface the taking.is cyuat tu or greateF than tttc amcwnt of ttje 5nms , . _- --_
<br /> -- ` saiuied by this Securiry Inst�wnent imr�diatetY t�efore 1he telcing.untess�orrowcr and t.entkr othcn�ise agee in writing. . °�
<br /> the sums seeucrd 6y this Secur+ty Insuumeat sh�}!be ceduced by the amcwnt of the procecd.c mu{tiplied by t6e ioliowing �ry _�-
<br /> -- frsctivn: tal thc taai aaiow�t of the sums.�acured�ined�c�}befcue tt�s�lcing.divided sy ib)the iair.market va[ue of the. - ,_ ---
<br /> �ti_��
<br /> � FropCtty immediateiy befort the takiag. Aay bcdance sh�ll 6e paid.to Burraw•er. tes the event of a partial taking ot the �.;z�.==
<br /> prop�ty.in whicti tbe fair macket valeie of the Ptopcity immediately before the tal•ing i+ttss thnn t}sc amaw►10(the sums —�.�-:-�-_-.--
<br /> secure� imrncdi�tely befoce the taking. unless Bortuwer and I.�r,ott�crwisc aFrec in writing or uniess appticabte t�w, . ��.;,:� _
<br /> _ ah4nvise vides.the p�+qcerds shail be applied m the sums secure¢,bY ttiis Security Inspument�hethcrae no4 4he sams ar�e , � � ��, . :
<br /> Pro . �.��
<br />'� tben due. ' �s:=-'�-��=-
<br />'t,. lf th�.Pmpexcy.is aband�ed by Bortower.or if.after notice by lxnder ta S��ower thaFthe conde�nnat affe�to mate �
<br /> art award 4�rgals a ctaim�for,dama8es.Bamv►er fails to resporM to Lender witfiin 3U days afce�the date tHe natice is given. „��,��_�__
<br /> Lender is�uthpqzed to colkct and apQly tt�e proceeds.at its ophpa.eitt�er to testoration or rep�aii of the,Nruperry ar ca the ���;�;,
<br />- sur��s secured iry rhis Secucity Insuumeai.:whciher o�not then du�._ _.r�����=:'.
<br /> ��_��..-
<br /> Llnles,5 I.qtder m►d�B��ott�envise agree in writing.any�ppticatian af pmceeds m princip'ai s(�atl u�t extend or -{_w�s..�.
<br /> postpone the due dat�of t�e awnthlK PaYments refer�ec�to in P�&�P�S 1 and 2 or change the amount of+uch payments. - = '-__--x:���__
<br /> &
<br /> 11. Bo�roRer Na,Rekased: ForLearanct By Lendtr, Not a N'airer. Extension af the timc far.payment ar � �"'_`"
<br /> modificarial of atnaAixation af the sums secured by tbis Secarit}lnsuumene granted by l.ender to any successoc+n interes� .:' . S ==--
<br /> - :of Baq�wer shail noi ope[ate to release tt�e liabitity bf the a�igitrai Barmwer ar BoRower's•sttccessors in intetest.Lender.
<br /> � ` shall aot be requ'u�d.to commeace proceedings against any sucCessor in inteiest or refuse to extena rime for payment or �>�*-,.=� `
<br /> � atherwise mo�dify amart�ation at the wms secured bg thi�Se�.vrhy Instrumen[by reawn i,i any demand made by the original
<br /> Borrower or Bortowe�s succ�socs in inte�est. Any forbearance by l.ender in excrciseng any�ight ar remedy shall rat be a ._:<,;•t�_`
<br /> waiver nf ur prieclude.th�exercise of any right or remedy. . �`��=
<br /> ,. . r :,..;:.».
<br /> '�� � IZ Saoc�ssors and�Bouad;Joint�nd Se�erall.ia6illty:Co-signe�s. The covena�ts and ag�eementc of this ��_�'�,' =
<br /> ,n�•; o
<br />� ;'���. Secucit�r Insfiiment shall bind aad.benefit the successors and,assigns of L.ender an d B orrower.subject to the provisions of • _
<br />:_ ��� '^��� "°'�`��� _ . paragta}tLL 17.Barrawer's covenan�s and agreements chall be joint and sevecal.Any Borrawer wAo.co-signs this Security � . � _
<br /> '`�"�` "'`�` Tnstrument but daes nat execute tfie 1Vote: Ia}is co-si�ing thi's Securiry Instrumeni onty to mottgage.grmtt and convey that -- -
<br /> �H ls�r.�( .. ,. . , -
<br /> ' �{'`�� � •Boimwer:s interest in tfie Property under the terms of this Secarity lnstrumem: (b)is not personaliy obiigstted to pay the tiums _
<br /> .�_-
<br /> :!. : ',"�,�.�� - ' • secumd�Y lhis Security Tativument;and(c)agc��hat 1.ender and any other Borrawer may agrce tv extend.modify.forbear ,.,� . _
<br />:.� � •:��.;;;:;'..-�;: . , or cnak�azy accommadations witb regard to the tertn+af this Security Instrument or the Note without that Barrower's _ _-
<br /> . ;:. .��:�_.;;s;._:.-.. , conser� . - --=—
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<br /> ' �3.:,�.u�n Gharges. If the loan secured by this Securiry lnsuumem is subject to a law which set5 maximum,(;�m "
<br /> , . S��T.�: charge4,a�zA ihat taa i�.f nally interpre�ed so that the interest or ath..'r loan charges collected or to be collecced fn conneccioa -.. . . -_
<br /> _ ' �'--i::-,:ra.4�; wi t h t he t a a n e x c e e�r��p e m�i t t e d l i m i ts,t h en: �a)an y such loan char g e shall be mduced by the amount rtecessary ta reduce , . �
<br /> �, �' t � the charge to the perinitted limi�And(b)any sums already collected from Borrower which exceeded permitted limits will be _ _ ° ���
<br /> ��'�, '� �`'��"� refundect ta�oaower. L.ender may eboase tn maYe this refund by reducing the principat owed under the Note or by making a . , '==�-_
<br /> ry;���i1 .J,�`�,.:y. .
<br /> :..;�r:�•.?i�=f,;, direct paymene to Borrower. If a cefumi reduceF prinripat,the reductiao will 6e treated a�a partial prepayment without any
<br /> •..�F�,?": , pr,epayment charge under the Nate.. � ��
<br /> .,��:;�''�"-' �° 14. Noticea Any natice to Bormwer prestided for in this Sec�rity tns�trument shall be given by detivering it or by _ -
<br /> � . =:�a;:�-•�` ��= � mailing it by first cia5s mail unless applicabte lac�re�uires a.e nf another methad.The notice shall be direcce.d to ihe Piroperty
<br /> ' � . Address or any oiher address Borrowcr designaces by notice to Lender. Any notice to L.ender�hall tK gic•en by first class � 1 ,
<br /> �_�:•.-•`•�-;. : mail ta I.enders addres.r•stuted herein or any other addresti Lendcr designateti by notice to Bortnwer. Any rtotice provided far �
<br /> .,_�_ , . ::
<br /> 'nt.��::�,>.-.•�� in this Sa.urit Instrument tihall be dcemed«� have beeo gi�en to Borraw•er or I.ender w�ien given as provided in chis _,
<br /> , � .;��_''.`. paragrap�, y ,. r
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<br /> � '�" �- f' 15�overnfng Law;Sererabllity. Thiti Security fnstrument tihall be govemed by federat law and the law of the � ��':=
<br /> ����Y'r�r ' •����.-.
<br /> r`��'°�" � luriuliction in whic�e t[te�ropeny is tacated. In ihe4vent lhat any provitiiqn ar clause of this 3ecurity Instrum:nt or ihe Note
<br /> ''`�'`1''`�'"'-'�' conflic4ti with appi'r.��[e 4aw.such conflict tihall nat afiec[ather pravisiony of chir Security Msuument oc rh�Note which can
<br /> •- - - . • � be given effeet withau:the�eor..�Eiertirp provitiion. Tc�thiy enJ the provision�o.`�shi�Securit}• Intitrurttent and the Note are
<br /> V'-!;•�''; �,. . declared to be severabte. .��:.:;�_'
<br /> . L.i'�7�.�'. ., .:��. ,._�.
<br /> c ' �'?'�f3 �; 16. Boreower's Copy. Bortoa'::tihall Ne given one confummd cqpy of the Note and of cFei.Securits lmtrument. •,:;.+.:,:i_^,
<br /> `•'��-"" 17. Transfer ot the I'rope►ty ar a Beneficial interest in 8arrower. If ull vr any part of the Prap:r[��or any interest in � : �<'.r:,__:
<br /> . '""'�"�`-'�. it i�sotd ar transferted lor if a hencficiul interett in Borrow�cr is sald or trantiferrcd and Barrowcr is nos a itatural person) { "" .'`•____
<br /> =-,v-•._. . .. � •;., --
<br /> � _.� without Lendcrg rior wrilten con�cnt.I.ender r.3ay:at it�aptian.ceyuire immcdiate payment in futl of aI��:�m.4�ecured by • , ��..
<br /> ,i�;,-�;i<��,=�=,`:,. this Security instrnmeM. Ho�vever.thiti ap�iar��.�ali noi 6e exercired by Lender if exercir•e is prohibited by federal taw as of �� � �� -_
<br /> :������:• ', the da::af this Security ln.rtn�ment. .
<br /> � ,'�=:,::: •,'-`'�= Ef�.rnder excrci+e�'Ihi�c�ptian.l.cndcr shall give���rr��x•er noticc oi ucrrlcratiun. Thr notice tihall providc a periacf of ;
<br /> ' ' � not less than�0 da}�•from thc datc thc nrnire i+delivereJ or mailcd within wh:ch.8orrc�wcr mu.t pay atl�um�secured by ihis � .
<br /> � : . " Security Intitrum�^�. li 8arrower fail+to pay thcse �um� priur t��thc expirz:'tan oi thi� perial. Lender muy invoke any
<br /> .. ' remedies permitted by thi�Security In�trument withaut further notice ar den,xr.3 c�n R��nu«�er. '
<br /> ���: �,- �� , IS. Borrower's Ri�ht to liein�tat�. IP H�+rrawer mrelr certain eoncfitionc, $��rrerace�hal{ hacc.�he rigM to t�ave ;.
<br /> • enfarcentent of thi�Sccurity lntitnire�cnt diu:ontinueJ at:�ny time prior to thr carlic�uf: t:sf i dayx(or�uch mher periexl uw ,�
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