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<br /> condertu�ation or ot1Kr takiag of�a,y,QaSt}�f ihe P►'openy.or forconveyaace i�t�eubf con�emnation.aie henby assigned�d' . ` .
<br /> shall be pa'td tol.ender. - _ . �
<br /> !n t}�e event of a total talcin$,oi,4�;Pi+�Peny,the procceds shaq 6e upplied.to the sums secu�d by this Security .
<br /> • ` . Instn�rtient.whether ar noi then duR..w�(J��any eaeess paid io Bocrower. fa the event of a pastial taking of the Ptoperty in , �
<br /> ' which the fsir marlcet value af t�o.�►sp�tty.immediuteEy before tite tatcing�ec�uat to or gteater tltan the a�n�of the sums .
<br /> . sccurod by this Security ln+uu�ent�t�ediatety bcPore the taking,untess Boaowec:und l.ender otherwise ag�ee in w+'iteng,
<br /> the�um.R secured by this Security;le��,!i�nt shall6e reduced by il�e amouat of tite ptoceeds multipticd 6y the following
<br /> - ,fractio� (a)tlic tota!am�ount Af itt�,FUq�seca�d im�diatelY 6efore the•taking,divided hy th)the fair m�irket value.ef the _w._
<br /> ' Propetty°immediately btfare tts�.takittg�; Any baianse shat!be paid to Borrawer: iq the event of a partiat taking oi thte
<br /> � _ Rnptjty in which the fair market�vatp�;of the P�'ol�nJ+immediately befoce the[aking is less than tfre amount�f the suias � �,-_
<br /> - secured,immediate(y befoce the takin�,t.unless Bomnwer and l.eader ott�envise agree in writing or untess applirabte taw+ ___
<br /> ` otf�envise provides.t}�e proceeds�T�1;�.applied to the sums secured by ti�is Securiry Iiuuument whether nr not the sums are ,
<br /> _ — d�en due:, " , ` � ':`
<br />---- �• if the t'roperty is ab3ndonec�by,�4irpwer.or i€,after notice by lxnd�ta Bonuwer that the condemnor offeis to make
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<br /> an�aw�rd or settk a claim for.da�$�:.:$�:p�"��tD��P°�to l.ender within 30 days after the date the�notice is give�, . F -_ - _ - _
<br /> -- tepder is authotized to coUe�.an�,�pp1y:the pcoceeds.at its aption.either to restotatiorr or repair of the Property or to the � "
<br /> ` � sums secured by this Security,Ins�ruttiRp�,whether or not then due. � � --
<br /> - Unless Lender and Batarawer,Qt(�Fvyise agree in writing,any applicatiote of ptpcadS io principal si�Il;naE ex�nd or . � ---
<br /> � pos�pone n�e due eace of che�ntiii.y;��ymemts refemed to in P�S�Phs 1 and 2 or change the amount of svcb payments. : - -v—_
<br /> • � il. Barrower Nat R�:; ,utbearaace BY Lender Not � N�aiver. Extension of tAe time for payment or -_-�-P--
<br /> ' modification Qf amonizatiort vF th�,su�jjs secured by this Security Instttm�ent granted by Lender to any successor in interest - `_-��-=y�
<br /> of Bortower shatt not ope�atc tare�e�se the lia6ility of the originai B�ra�wer or Borrawer's successors in interest:l.en�ter �-t`
<br /> tn c a ainst an successor.ia iaterest or�fuse to extend time for paymem or: ��'P �y
<br /> _ sfiall not be requ.ired to coctuit�nc�pmcced� S• g Y ' -
<br /> � otherwise mo�ify atqo»izatiyrt Qf th�;{�itns secuted by this Security InsuRtttent by r�+son of any demand made by the originat . .. ���" _
<br /> Buirower or Borrawer's suc�essa�:in;mterest: Any forbearance by l,ender'in exereisiRg�y right or remedy shallnaE 6e a �
<br /> waivtr of or preclude the execci,se af�iy right or remedy. � • ``'�"-`-
<br />• ;.,' 12. Sos�and A�igl�sr,Bvltnd:.loiat and Sest�l Linbility.Co-signers. The covenants and agreemen��of this • �F-�°_�-
<br /> ' �. Security lnstns�nt shaU bittd,�nd,benefit the successocs and a5signs af Lender nnd Borrower,subject to the pmvisions of �L•
<br /> � paragrapb !7.B'arrower's coven�ntfi�and agreert�ents shaIl be joint and severaf. Any Bomower who ca-signs this Security 1
<br /> ` ' 'r� " " e: (a)is co-si ' this Securit instrumeat�ont to ma .grant mnd rnmey thae � °± . '-='Y _,
<br /> ' Insaument but__a�noc exe.�ute th�.�Fat grung� Y Y � _ - -
<br /> �' a "���� Borrower�intetest isi the P�ruEerty�under thc terms af this Security lnsuutnenG (h)is rrot personally obtigated to pa�the swns �
<br /> ���. :�,`: secured by thE�Security In..�pttttenl;:�nd tclag�that Lender and any other Borrower may agree to extend,modify,forbear. . __
<br /> �;� iY;;,�_,.;,. � . or make any accommodations.with,regard to the tertns of Ihis Security lnstrument or the Note without that Borrowcr'.s; _ �
<br /> . .�.« :.. . _ consen� . .
<br /> �"� '�`c�'�. .. l3. Laan Charg�. tf th�,loun secured by this Security Instnimen�is subject to a law which set�m�imum taan _ -_
<br /> •• ��;�`�, `. chazges.a�d that taw is finallu.interpoeted�o that t6e interest or other[oan char�essallected or to be collected in concteciion , �
<br /> `�' x'-�' - with the loan exceed the peimittcd limus.then: (a)any such faan charge shalt be reduced by the amount necessary to reduce � " � �
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<br /> ,.t.��; � the ch:uge to the petmitted limi�am)(b)any sumc already callected from Bocrawer which exceeded permitted IirFtits,wiU be �`�
<br /> � ,�� �, refunded to Borro�wer. l.ertder ma .chaase ta make th'ts nfund b md�ci�r the cinci 1 awed under the Note or b makin a ` . .
<br /> . Y Y P P Pa Y S � �";' '` .'':�
<br /> '�'�'�`�'�''t'�•' �irect paymeot to Bor�ower. !f a refund reduces principal.the reduction w-ell f�treated ac a partia!prepayment withaut:ury. - _
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<br /> , • . � prepayment charge under the Note„
<br /> • _ • _ • 14: NoUces. Any natice[o B�rtower pravided for i�this Security Instrument shall be given by delivering it ar by i� -
<br /> � y.�;;m�, .' .: . � mailing it by first ciu5s mail un1e5+applirablc law rcyuires use af another method.'t7se norice shali be directed ta the Rapeny ; � _
<br /> � `� . ' � . �Addre�.r•or any other addr���Borra�ver designateti by nc»icc to Lender. Any natice to Lender shall be given by fint class � ,. • _
<br /> s.�� �,i:.s:,<• mail to Lcnders address stated hecejn or any othcr addre�s Lendec derignates by notice to Aoaower. Any natice provided far �
<br /> _���3*`�:;.::;;• in this Security instrumene,yhal).be dermed u�hava l+een given ta Bairower ar Lender when givcn as prov�ded in this € ` -
<br /> , .'..:�.,:^ ,+.. � paragraph. � �:.�.
<br /> - � 15. Gorerning Law:Severabillty. Thiy 5ecurity In,trumcm tihall tx?gavcrteed by federal law and the law of the � _
<br />• ' .°`.}�"�- -'� jurisdicAon in which the Prape�ty is lcxated. In the event that any provirinn or clause of this Security Instrumem or the Note � "-t
<br /> conDictc with Applieuble law.�uch conQicl shail nrn affecl a�her pr�►vi�iun�of[hi�Securi[y InsYrument or the Note which can � _
<br /> � ' . . be given effect withoui the:,conflicting pmvivi�,n. Ti�thi.end the pr��vi.iony��f thir Security lnstrument and the Note are y
<br /> `'''� � • declamd to 6e�evcrable. ' ', :�i:
<br /> ' ' 16. Barowe�'g Copy. B�R��wer�h�ll he fiiven�me canformcd capy��f the Nute and��f thiy 5ecurity Instrument. � •.-t�
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<br /> -.��. :: 17. 'IYAnsfer at the.PropeKy or a Beneflciul lntere!�t in Nuerower. If al l nr uny part nf the Praperty ar any intcrest in t �.-_
<br /> � *"�ti':�� �� it iv w!d or iransferred(ar if:�Fxaeiicial imrre•t in Horruw•er i�,nld��r transferccd and 8orrower iti no�a natur.�l person) � ;r`<i-�:
<br /> �w;.,;:.�:- ...._
<br /> . �:- ;,...,:: -. ' without Lender's priar wriuen consenl.l.endet may.at it.uptian,require immediate payment in full af all tium�tiecured by y_'=_
<br /> _�'..; .. � , .--
<br /> .. ,.. �_t�.� this 5ecurity tnstrument. .How'ever,this uption.rhatl nat be cxerci.cd by Lendcr if rxerriu iti pa�hii+ited hy federal luw��of `'n�
<br /> � :._�..:"•' •� " the date af ihis 5ecurity In�wmcnt. � _ F6`'
<br /> . .rf��..�_ '_.0 ' .
<br /> ��,_��_�-_-..:' , lf I.ender eaercises thi�option,Lender�hall�ive�iurnsw•er nwice uf acreleratin». 7'hc notice tih�ll provide a period of �
<br /> nol lcss ihan 3t)day�fr��m.thv date thc nutice i.r dcliverrJ ur ntailctl within which���rruwcr mu.rt p;ty a1l.rum�;sccured[�y thiti f ,
<br /> ," 5ccurity Instrumcnt. If Borrnwcr f.�ils u►puy thc�r yum� priur to Ihc rxpiratinn af thiti periad. l.cndcr may i�tvakc any �
<br /> ` . remedics permitted by thi�Security Inrtrumem withuut 1'urlhcr notice�►r demand on Horrower. ;
<br /> ' , lA. Barrnwer'.S Rfight to Reinstute. If Borrm�•cr mret.ccrtain c�mditiam. Hurcu�vcr tihull hav� the right u�have `. '
<br /> ' enf�rcemenl af this 5erurity lna�rumcnt di�cunlinucd ut uny�imr priur ta ttie e:alier of: la)5 days Ior�uch crther perioci s�s '
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