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<br /> � �tm��rt or atf�er tilcing of�ny part of ihe Pmperty.tx f�r conveyartce in Geu oE condemnation.a�e h�rebY�signed acd .
<br /> shaU b�psid to Lmdes , � .
<br /> In�he event af a total taicing of the Pmperty.the pmacds stia11 be applied ta the sums sccured 6y,ihis Security
<br /> Zastrumrnt,whetfier or not ttirn due.with any txcess Qaid to Hortower. In the event of a paniat taicing of the Fropercy in
<br /> �which the fa'v m�ricet vatue of Ux Piupetty immediauty 6efore the[alcing i,s equal w or gr�►ter tha�the amaunt of th�sums
<br /> �secuRd by this Securiry Instrane�t immediauly befa+e the tatcing:anless Sorrower and Lender otherwise agtee in writing, --
<br /> the sums socured 6y this Securiry[nstiu�ne�t shaif be mduced by the amount of the proceeds muRiplied by the foltowing , _
<br /> . , fractio� f�Ihe icxal�n�xu�t of the sssms sec�tced imenediatety-befoie the taking.divided by lb)the fair m�rket vatue of the . __---__._ Y______
<br /> � + Ptopeny im�ned'iateiy befae the talcing. Any h�lance shall,be paid w Borrawer. In the evenc of a partial taking of the —
<br /> Prnperty in which the fais madcet value of the Pr�upecty immediatety befoce t6e taging is tess than the amount of ti�e sum� �,.-
<br /> ' secut�ed immediaeely 6efore the taking,unless Borrower and l.ender ahezwi�e agree in writing or untess appticable iaw ��:;;__._—
<br /> ..�„�...
<br /> y � otherwisc pmvides.tlg groeeods st�all be applied to the s�ms secured by this Secwity.Instrument whether or not the sums are e:=____--
<br /> = then due. _�-__--
<br />- If the pt,uptrty is abandoned 6y Rorrower,or if,atter notice by l.ender to Borrower that the condemnor offers to make �i-�-
<br /> = aa award or settle a ctaua fnr damages.Barower fails w respoad w 1.endecwithin 3Q'days afterthe date the notice is given, �—. ____
<br /> Lender is authorized to coikct and apply the pmceeds.at iu opuaa,either to�staration or c�rpair of tf�e Praperty or w the �.m=_--_--�--
<br /> s�s�ured tiy�hi4 Security Insaument,whed�er ar not then due. ---------_
<br /> U�S�„ender and gotmwet otherv+rise agree in writing.any application of pmcecds to ptincipal shatl not extead or -----_--- — _
<br />--- postpone t6e due date of tTee monthty Qayments refemed to in paragraphs i and 2 or changc the�maunt of such payments.. ��<�:,;�_-�
<br /> �� 11. BoROwer Not Rek�;Forbearaace By l.eader Not a Waiver. Extension of thc time for paymeat or �'=?��;"=-=
<br /> modsprion of anrortization of the swns secured bg this Securiry Insuument granted by Lender w ar►y successor in intelest . �_"z—
<br /> ,T:T
<br /> of Borrower shal!not operate to release the fiabilityr of thc ariginal Botmwer or Brnrower:s successors in�n�ecest.Lender Y;:�t.��
<br /> : shaU nat be�rqaired ta commence proceedings against.any successor in interest or refase to extend[ime for payment or d-�,
<br />_ ,- . �ise modify amort'vatia►of the sums secumi by this Se�crity instrument by teason of any demand made by the oriainal �.. _..;�. -
<br />. Bairawer or Bo�wer�sucees.wrs in intencs� My forbea�anaa by I:ender in exercising any right or remeiiy shall not be a _ _ ___ _
<br /> waiverof or preclude the exercise of any right or remedy. , ."'"�^�:�-
<br /> . -�•: � l�. Suocessass and Assigns Bound;Idat and Severai Lia6�itp:Casigners. The co'venants and agreements of this .�^.�:;�;`:.-
<br /> ' ��": Sec.uriry Instrameai shall bied und benefit the successors and assigns of�r and Borrower.subject to the pravisipns of - _
<br /> para,_zrapi� !7.Botrower's cavenaats and agreements shall be jaint aact s`+..r�a1•Any Borrower who co-signs ihis Seeurity . =-
<br /> `� Iru-t�neM 1wt does not eaecuteysg�IYote: (a)is casignuig tfiis Security�ta:tnimeat onty to mortgage.�nt and c�mqeX dfat ° - - _.
<br /> ' ,Y��. Barrower's intesest in t h e P r o d er t he t e r m c o f t h i s S e c�u i l n s t r u m e n t;' (b)i s n o t p e rs o n a l l y o b i i gated to pa y the sums ��•;�',_ --
<br /> p�5;� �Y - ;.�„-
<br /> ::``�` secu�edby this Security[nstntmeati and(c)agrees that Lender and any other Barrower may agree to extend.madify,farbear
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<br /> or make,any accommadatipns with�egard to the terms of this Securiry Insuument or the Note withaut that 8arrower� '�f � _
<br /> •�".:' � consen� • - . � 4 � �
<br /> z '" `' 13 i.o�n Charges. 1f th�"�loan secured by this Sec�.i�?? lnstrument is subject Yo a law which�s maximam loan _ �ry,,,�. -
<br /> . ,�:;.'�., y�t . -
<br /> c�a.�=es,and that taw is finaUy i�rzrpceted so that the interesi�rdther loan charges coltected or to be collected in cc�i�..�etioa �.`R i+ �,� _
<br /> •.--:7_.; ' a::�s�e 1oan exceed the pecmifted limits.then: (a)any such 3oan charge shaA be reduced by fhe amount necessary.a�edace _^, ,��i� �,
<br /> . - the•`c�iarge to the p��itted limit;und(b)any sums already collected from Borrower which exceeded rmitted limi's xc�Il be - • '�'f�_=_
<br /> � ��,_.b�...��i {_.-__-
<br /> n$ - - . ' refunded ta Borrau+..�..�.ender may chaose to make this refund by re�iucm�t�eprincipal awed under the Note or by mal:ing a • +: -• : :.•�r=.
<br /> ;;� � direct payment to S�,sower. I€a sefund redures principal,the neductior+�we9E ff�e:tceated us a punia!pnepa3�ment wiitibut any '`. �:;�..;' �-;�'-
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<br /> '� .,,...s'u�.:,; . . � P�PdYment charge under the N�se. � ' ,�� i{Y;.�°
<br /> ` �f<=`t��"�? - 14. Notkes. An noiiw to=fdbcmwer rovided far in¢�h's�Security instrument�att�be given b,w,delivering it or by '���'%°''�''`'��
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<br /> � ��..r.�::-��/�:��.. mai6ng it hy first class mail uniess�Qlicable law reyui�es u�of anothet method.The notice shall be di�cted to the Praperty . �: ;�
<br /> `�:�,r. : • pddress or any other address Bbzroaer designat�by notice ta Lender. Any�otice to l.ender shall f�e given by first class , • .: =
<br /> �z:y.,.'._. _ mail to l.ender's addre�.r•stated herein or any other address L.ender decignates by notice to Borrower. Acz�:notice provided far • , �'..
<br /> ;`A�� ��T'.:� in this Security lastrument tihall bc deemecfi r�f�ave been given to Borrower ar Lcnder when givrn as pravided in this � , _ , 3 -
<br /> . . P�►S�Ph• �� . � _
<br /> .. ' �> � . 1 S. G n v e r a i n g L A w;S e v e s a b i l i t y. T h i s S e c u r i t y I n��u m e n t s h a l l be gov e med b y federal law and the law of the _
<br /> � .�;-;^.' jurisdiction ln which the Property is tocated. In the event ttias any provisian or clause af this Securiry lnstrument or the.Nate ' �-�-�:_
<br /> .�. ...._ _,�.� _
<br /> . "�,,w_ �;;�•-. conflicts witfi applicable law,such contlict sf�all not affect atlser provizioq�.of tbis Secu�ity lnstrument or the Note which can . . . .:L=:,r,,,;.
<br /> �i���y � be given effect wdthou�the conflicting pravision. To this end the prot�isionc.of this Security Instru�ient and the Nate are ; . ,;�_.
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<br />- . .��'.G';�.;.. declared LO be seve�Gble. . � '�:"�':
<br /> ;���;`;,�;;k'•; 16. Borrawer's Copy. Borrawer tihall be given one conPormed copy of the Nate and a!�his Secusi:y Ins�trument. ;�,„-_.
<br /> f�. Tra�sfer vt the Property or a BeneQcial tnterest in BorroMer. If all ar any p�rt af the Fropeny or any inte�est i» �.� , � -
<br /> �' it is sotd or tranaferred(or if a hene�ciat intcre�t in Borrawcr is`old or trunsferred and Borrawer i.;not a naturaE. r�on) "�i+`''� �
<br /> � � ��r''� �— -
<br /> w"rtltaGt Lcndery prior written r��n�en1.Lender may.at its nptian,require immediate pttyment in.fut�of�11 sums secured by •"'
<br /> ��`` s • nt be exercised b l.cndcr it'excrcitie iti mbib'srecF hv federn)law as af �. '' Y' -_
<br /> . � '�,;Yr�;. t3�isSecurity Instrument. Hawever,ihis apUon hall n y P . . � r.,�;,
<br /> *3-�.1� �� tfie date of thic 5ecurity Instrument. : , ; `• :
<br /> ��`�_'-�L ' IP Lender exercises this optian.l.ender shall give Bnrrc�w�r notice oi acccleration. '�'h:notiee�fia?��rovido a periad of . � ,
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<br /> nat less than 3b dayti from ihe datv�the notice is delivered c+s�*.xitul within whirh Bnrrawer must pay a f i�ums secure d by t his
<br /> .� ' Secutlty 1ns�rument. If Borrower fail�ta puy the�c sums 3�riar t��he expirutian of thi�period. Lcndcr may invakc any • •
<br />. _ -.' ' . remedies permitted by thi�5ccurity Mstrumens without further nmice ar demand on}inrrower. •
<br /> �±�' 18. Bnrrawee's RigM tu Reinstute. If Sanc�wcr mecty cert7in�c�n�itiun�. Bo�ra�ver�hall t3�eY•e tho rigltt to bavc .
<br /> ^x,.'�='�."'=' �� , enforcemem of thl�Security In.trument di�continued at any time priat t�!t5c r�ulier af: to�S duy�Ior�tiuch other period a.r•
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