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<br /> condeynnat'son or ather taking of any part of tise Prmpesty,or f�r conveyance in lieu Qf condemnation,are hereby assigr►ed aad �� -
<br /> shall bz paid to l.endgr. �`-
<br /> � rn the event of a total ta►sing af che Property. the p�ceeds shall be applied to tk�sums secured by this Securfty • �-
<br /> Instrumen�vJhether or ant thrn due,witI�uny exc�ss paid oo Rorrower. In the event o�a partial taking o€the Pcoperty in _--�
<br /> which the fair market vaIue of t4►a Property imme�iatety 6efore the taking is equal to or gre:uer than,the amoant of the sums -----
<br /> y '.. secused by tEvis.Se��uriry Ins�ument immediately 6efore the taking.suiless Borrawer und Lender otherwise agee in writing, � -
<br /> -, the se+ms s�ur�d by this Se�urit�Instnta�ent shall t►e s�educed by the amount of the praceads mu4tiplied by the following _ __
<br /> 1Fr2ctian: (u)the tatal air,ouat of the sums secured immed'ea�ely before the taking,dividad by(b)th.fa'u market vatue of the
<br /> ' Property immediateiy before ttie tatdmg. Any 6aiance shall be puid to Borrower. [n the event af a partial taking of t6e �f�
<br /> `�;` pmpe m which the fair market vatue of the Properry immediatety before the taking is less than the amount of the sums �, ,;.
<br />, sec�imraed'eatet y 6efore the taking. untess Sorrovrer ahd Lender othenNise agree in writing or unless app&cabie taw =.:_.–.
<br /> • f othenvise provides.the prace�ds sttall be applied to the sums seciued by t h i s Security I n stnunent w he t her or no t t h�s w m s a r e �
<br /> ° '• t�en dae. --
<br /> Tf the Progetiy is abar.doned by Borrower,or if,after no�ce by Lender to Barrower that the candemnor offers to mal�e —
<br /> ;I;;;�' ,. an awar�ar settte a claim for damages,Borrov�er faiLs to respond to Lender within 30 days after the date the notice is given,
<br /> Lender is att�orized w colket and appIy the proceeds,ai its aprion,either to nstoration ar repa"v of the Pro�rry or to the a'`;
<br />./ � ��� sums secured by this Secvriry Instrume�u.whethet or not then duc. : �<'•.'':
<br /> y�:,.�;�,;i Unless Lender aud Borrov�er othenvise agree in writing,any applisaaon of proceeds��riucipal shall aot eactend or r: �-{f=::
<br /> postponc the due date of the monthl�r Layments ceferred to in parag'apt►s 1 and 2 or change tt�a�r7unt of such payments. �'_; • :.::
<br /> I�. Barrower Not Reie�seS; Tr'�ai�a�vice By Leadrr Na! a Waiver. Extension oF the t� f�r paymant or . -,�;.
<br /> ' modificstiun af amortization o€the s�ms secure�P��s�is Securiry Inscrumem g�anted by Leuder to any s�.ssor in interest �.� �
<br /> " � � af Bormwer s1�11 not operate to retease the tiz:.'`a1�`t�4��c2�at'iginai 8orrower ar Borrawer�successois in imerest.Lender ` '�
<br /> '. , shall IIot De requirxd to commence proceedings�3�t 2ny�:�c�ssor in interest or refuse to sxteud time for payss�,.n.��z. , --
<br /> , . otherwise madify amortizadon of t�c:s.�ns secn�(ry�t6is Sesx.:�'�3nstrument by reason of arv demand made by the ar�'�iit. =.;
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<br /> Eomo�,�br Somawer's successors�ire�xt'est �,r'fvibeas��i�Lender in exereising an�;i�i.or cemedy shail naL.•6�i�. � .. :.;
<br /> • :,���, ' wair��or prECle�de the exercise of•m�right ar�y.. : .., �,,,:•• ,,,
<br /> 1Z. Suocessors a�d Assigns Bonad;Soint and Severr!Lia6illty;Co-sigaers. T[ie coveQants and agreemenu of this
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<br /> �. . • Security Instrament sball Bind ar_d 6ene5t the successms and ass8gns of Lender and Bora4rii�r,subject to the provistons of �; '��-
<br /> ' parapaph 17.8onower's coven�t.s�artd ageements shaU be joint and several.Any Bor�ver who co-signs this Security ,`�.�•j "
<br /> Insuument b�t daes not execate�.�T�ote: (a)is co-si i� this Secnri instnunent anI t�mr�rtgage,grant and conve tS�at . � )�`� �
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<br /> � • Bormwer's inteiesi in the Property irr�der the temis of this 5ecuriry iTns�ument; (b)is not persenally obti�ated ta pay the snms, `.,`.•���: -�
<br /> � � sec�red by this Securi.*�+�shvmen�and(c)agrees that l.ender and any other Bmmwer may agree 4o exten�.,modify.foibeas � . � �.�. `'
<br /> or m a t ce an y sccv a��t i o i r s w i t h:e g a r d t o t h e t e r m s a f t h i s S e c u r i t y I n s a v m e n t a r�t�►e N o t e w i t h c r a€�.i h a t Borrower's •:.`:.���
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<br /> � . consent � `•'�� • �:'::�,.._.—
<br /> �3. Loan Charges. If the Eoen secured by this Secaritj.Inst�umeat is subject to a law which sets tnaxins�..lrcy�t,:; .
<br /> .. ebazges,and that taw is finally inter.preted sa that the interest or other loan charges coUected or to be ool[eeted in cor.�t�1i, .
<br /> . �with the�laan exceed the pertnitted lim►ts.then: (a)any such loan charge shaU be'nduceti by the amouat aecessary•Yv�S�r:t�,� � : .-•.
<br /> tt�e chasge�the pe:zr�i,.�d timi�aad(b)any su�ns already colIecteil from Borrower v��ich exceeded pertnitted limiss w7y 6t: • �1.��:•% :.
<br /> • � mfunded to Borco�ce�,`�:z��ter tnay,choose to make this refund by zedaeing the prineip�owed under the Hpts os by making u ' `
<br /> . � dimet payment to Bortt�'ti'i�'ver. If a refvnd�educes principal,the reduction will be treated as a partial prepa}�m.nt without any -'��:;;_._�
<br /> ,'_�,.... prepaym.ent c6ar�nr:;�the Nrst,�;. . .___
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<br /> ��;;', 1�4'�Fal�eea. Any norice to��ovrer pravided fnr in this Svcvrity Instrument ehaL!'b3�iv�n by detivering it or by ��"
<br />�'�% ' � mniling ii bj+fust ciass msal anless a�:icable ta�v requires use of another method.The notice:�all lrz direcsed tv the Property =•_
<br /> Addcess or any o3her addtess Borrower designates by notice to Londer. My notice to Lender shall b��iren 1ry fitst�ciass ___
<br />' " mail to Lender's address stated herein or any other addr�ss i.Pnder designates by notice to Sor�ower. Any>.�r�'.ioa provided for •
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<br /> ' in this Se�uriry Instniment shall be deemed to Eave been pven to Borrower or Lender when given srs±nmvid9d•in.this ��
<br /> � , � l�S;.'C�overninb H.aw; Severab�itp. 'Fhis Security instrusrtent stiall be govemcd by federal law artd the�.n+ti�t'f3�<°
<br /> . jurisdd�hsc�in which the Ihoperty is lacated. In tDe event that any provision or clauso of th9s 5ecurity tnstrument ot d�»?�#e
<br /> . conflicts��rh aggs:able Iaw,such conf}ict shaSl not affect other provisions of fhis Security Inswmeni or the Note which can . �
<br /> � . be given effect�v���AUt the conflicting pruvision. 1b this end the provisions of this Secauiry Inswment and tbe.Note are ;::??;`�-
<br /> . ��j decluredto Be•severa6Ie. • � •`y,�`;---
<br /> ' ' ��� ' � ' ��ika.�orrower's CopR B�rower shaU be given one oanformeNl coPY of the 1Vote�and�ti this Securlty Instrument� . • _ .�
<br /> ��t"�I�anstte oi tBe Pr�er�or a•Beneftciat Inteeest in Borrower. If all or any part of the Pruperty or any intet�:�,4 in
<br /> ��`;� 'it is"sold oi transfemed(or if a benefcial intemst in Burrower.is so2d or vansferred and Borc�wer is not a r,aturx6 r1�mn) �
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<br />• � �; without Lender's priat written coasent,l.cnder may,nt its option,require immediate payment in ful!of�;:�ams secu��y � �
<br /> this Security Instrumen�However,this opflon shall not be eaercised by Lender if erercise is prohibited t6rx„�r�s�eral taw as af
<br /> ,. tfle date of this 5ecurity InstrumenG� �' :
<br /> . • if Lender exeirises this aprion,Lender shallp�ve Battn�v,�notice of acceleration. T�he notipe shaU pnovide a pe,.'u�cl of • _-
<br /> ' �not iess than 3U days fcom the dnte the notice is delivered or�d_d within which Borrawer must pay�li sums secured�`ry this t.•
<br /> � • �5 . Secnrity Instrumen� If Bmrower fa�ts to pay these sums�rior to the expiration of this pericxl, I.ender may invoke any --
<br /> -•.: � . Rmedies permitted.��this Securit}r Instrument without further notice or demund on Borrower. •�
<br /> . 18. B�rrov�r i�;Rigii!to Reinstut� If Borrower meets certain conditions. Barrtiwer shall have the right to have
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<br /> ' � , enfo�i�°nt of tt-:a Szcurity Instnunent discantinued at any time prior to the earlier of (a)5 days(or such other period as
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