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<br /> =`ti:.z��-��`;� cc+n�lrmnaii�n or athc�tuking of any psut of�he Propehy.a'tar conv�yunce in lieu al�condemnaion.um he�cby urriQned wid
<br /> --___.���,;�� rhall tx:p•rid�o Lendcr.
<br /> - -- -_- In ihe evenl oF u �aul �aking of iha Pmneny, ihe pracecda ,hall bc applied �o �he �um� �ccured by thix Se�:u�ity
<br /> --� � '°`.� Inrlrument. whether��r nat Ihen due, wi�h any excc,s ps�id to Borrower. In ihe evcnt af u paAiul tuking uf�he Property in
<br /> ��- �� ,,,;,..,�.�. , which�he fuir murkc�vuluc of the Property immediutely befom the taking ix equal t�or grcuter�hun[he amount af the sums
<br /> `�y �'�• necured by tblx 3ecu�ity Inxuumcnt imn�ediotcly ix:farc the taki�g, unlexw Burrower and l.endcr olhenvi.e ugmc in writing.
<br /> ' ;;,.,�'��;;',:•- Ihc�umh n�cured hy thir Security Intiirument �hall I�e reduced by �he umount oi the praeedy muNiplied by the folbwing
<br /> =�_� ��• fraction: la1 ihe�otal amwmt af tlx:humb Kcund immediatcly txfom thr taking,divided by l Ml the fuir market vuluc of the �
<br /> ��:' • ... P�npeny immediately ba:ore�hr tuking. Any balance sha116e puid to Borrower. In Ihe cvent of a partial laking of the
<br /> - •�r:- :��s _ �" '�` Propeny in which IIk fuir maricet vulue uf the Prapeny immediutely befare the�uking i„Ics�thun�he wnount af�hc sumw _
<br /> �'"' '�,' '' xecured immediatrly before thr tuking,unlc„ 8artawer urxi Lcndcr otherwi,c agree m wri�fng or unlesx applicuble luw
<br /> '�'�'�'�'�'�'',�+; othenvi+c rovidex.the pruceedti.r•hall be upplicd to�he swos secured by thi�Security InztrumeM whethcr ar not the.ruma un:
<br /> �;":.��t�E�:y;ti�.�i. then due. P —
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<br />_ , " � If the piapeAy i�al+undaned by Barrower,or if,after aotire by Lender to Borrawcr that the ccx�demnor offen to m e _
<br /> �„�a;;.,yuE;�, un uwurd or xtde u cluim for domugrs.Burrower fuik to rc�pond to Lendrr within 3U dayw ufter the da�e tlk natice is given. �_
<br /> „ � .;�, „ Lender ix uwhorized ta collect und npply the pmceeds,at its option,eilher to re�arn�ion or rcpuir ot'the Propeny ar to tlw
<br /> ' • xum�xccur�d by Ihix Security Instrument,whether or not then duc.
<br />- ���"`';"�� Unlcsx Lendcr und Barmwer athcnvixe ugrec in writing,uny s�ppliru�ion oP prrx:e�ds to principal shall not extend or _
<br />- � .«,;,���� :, pnti�pone�hr duc da�c of thc monthly p•rymemti rcfermd�o in parugruph, I und 2 or change the umaun[ of wch puymems.
<br />-- ` " 11. Burrowe� Not Rele�xed: Farbearance By Lender Not a WAfver. Extension ot' the time for puyment or �;_
<br />- ���t�•'^^' � �?' maiitiralion oP mm�rtizution oP�he.ums kwreJ by ihix Security Inxtnimenl grunted by l.ender to uny�uccexsor in intemst ___
<br /> � wytn'.'rl�c•-v.x..
<br /> -.��- ��:.":_ .- .- - •. �if Nnrn�wer shull nat operute lo rcleAyr the liabiliry of Ihe origins�l Bcxrower or Borrc�werE succe��an in interest, l.ender
<br /> :� „ -„ „ shull nW t►� rrquired to commenre prck�edingw again.rt uny xuccrswr in iNere.rt ur refu,e w extend time for p•ryment ar �_.
<br /> - -- ° nthenvise madify:►monization of the�um�+ecured by�hi.Se�:urity In+�rument by reution of Any demand made hy the original �,
<br />��� B�irmwer o�Bormwerk rucrexson in intcrex�. Any fi�rt�eurunre by LenJcr in exerciving uny right or remed�� shall tat be u
<br /> .�:" � ' '•• . '.. woiver��f ur prcclude the exerci�e of any right or nmedy.
<br /> � 12. SuccessonR pod Asslgns Bound;Joiat and Seven+l Liabillty:Co-sip�ners. The rovenums und agreement.of Ihi� �
<br /> • � � � ' Security In+uumen��hull bind und txnefit thr +ucccr�on und uti+igm of Lender und BoROwer. +ubject to the provisio�s of s, __
<br /> -_ � �:,..,,. , p;ungruph 17, Borrowcry rnvenunts unJ agrccment.r• tihall be joint und,cverul.Any Borruwer w�ho co-sign.thi+ Security _
<br /> • Instn�ment but Jcex not exerutr thc N�te: lul is c�-si�ning 1hi.Security In+trument only to m�xtguge,grant and convey that �__
<br /> • 4 • Borrower's inlc�est in the Pr��peny unJer thc terni�of ihiy Sccurity Inxirumem: (b)i+not penonully obligated to pay the�ums �_-_
<br /> ,,.,.,•, ; „ � sccurcd hy thi�Sccurily Instrumcnl:und(r1 a�n�.thu�Lcnder and uny other Bortuwer muy ugrec�o cxtend,modify.forbeur _�
<br /> o� muke u�y ucranm�xlu�ion. wi�h rcRard ro�he terms of�hix Securny In�trument ur the Note wi�haut Ihui Bonower's �
<br /> . canaem.
<br />:_ __ _ _ !�. L�n L��y, �(��,• �rum secured hy this Security In.irument ix ,ubject �o u luw which set� muximum laan �
<br /> -• charges,und that law is finully intcrpmled so that�he interctit or other loan churgex cnUerted ur to be collected in connec�ion
<br /> • with thc loun exeeed Ihe p►:rmuted limi�x,then: lul any tiuch loan charFe�hall he reduceJ by�he umount necessury to reduce
<br /> � ..� � the churge to the pertnilted limit:und Ihl any sum�ulmady collec�eJ from Bnrrower which excecded permitted limitti will bc
<br /> ° refunJed to Borrower. Lender muy chai,r a�rnuke�hiy rePund by reJucing the principal owed under the Nrne or by muking u
<br /> , •• direct p•ryment ta Borrower. If u rct'und redu�es prirkipal.IIk reduc�ion will t+e trcuted us a paniul{�►repuyment wi�hout any
<br /> " prcpayment churgr unJer the Notc.
<br /> 14. NMices. Any noticc lo Bom�wcr providcJ ti�r in this Security In.trumenl rhull tx givcn by drlivcring it or by
<br /> ' muiling ii by 11n;�clusx mail unlcs�upplicaMe law rcyuirc+u.e uf•rnuthcr nm�h�xl.The nrnice�Iwll br Jirerted to lhe Pruperty
<br /> � AJdrcss or any inlxr uddrcsti Borrowcr dr*ignatc�hy nutice tu Lcnder. Any noticc tu LrnJer.hall hr given by tint cla,�
<br /> ..'�� � ° mni)ro Lender's uddrc��+wted herein��r uny othrr:►JJres�Lendrr Jesi�nate+by notice to Bom�wrc Any notice provided(or ��_,
<br /> �� in this Serurity In�trumcnt +hall he Jcrmed to have Ixen givcn lo Borrower i�r LenJer when given a+ provided in Ihix --
<br /> ' � ., prru�raph. �
<br /> ,. • IS. Governing t.aw: Sevcrubllll�: This Srcuriry Instnurrrn .hall Ik govrrncd by federal luw and the luw of ihe �•_
<br /> ; juri.diction in a�hich�hc Pm�xrty iti I�xutrd. In thr eveni�ha�uny provi+ion or cluu.r��t'thi.Seruriry Imtrumrnt or thc Note �
<br /> > , conflicls with upplicable law.such runflirt�hall nat.iffrcl othcr pruvisium of thiti Srruriry In.lrumen�i�r�he N�Ne which cun ! _
<br /> � lx givrn effer� with��u1 the cont7ir�inF pruvi.inn. Ti� Ihi+ end �hr provi�ians of thi. Security In��rum�nt and ihr Nute ure ---
<br /> ' _ ��. declureJ to hc sevcrahlC. �
<br /> � . . .,. 16. Borrower's Copy. Borrawcrxhall Ix�ivrn��nc ronfi�rnud r��py uf Ihc No�r anJ ul'Ihi,Sccurity Imtrument. �-,_
<br /> � • . 17, '[YansPer uf the Propertv ar a Beneftclal lnterest in&�rrower. II'aU��r any pnn uf�hi Pri�x:iTy or uny intercM in �
<br /> � it i��old ur trun�frrreJ lor if u Ixnrlicial interrst in Borruwrr i+ �old ur tran,lcrrcJ unJ Burtowrr i.nat a nuwral prr,unl =- .
<br /> ' ' withow L�nder�prior wriucn cimzcnt.Lrnder ma}•.al it+��pliun, rcyuirr immrJia�c payment in full of ull.ums�ecurod hy ---
<br /> . - this Security In.trumem. Howevrr.this��pliun shall nu�t+e cxcrci�cd hy LcnJ�r if rxcn:itir i�prohibited by federal law u�ot' - --
<br /> the dute of Ihis Security Instrumrnt.
<br /> ° II'LcnJer rxcrciscx thiti optiun.Lendcr�Iwll�!iv� B��rrnwer nutirc ut';irr�lrration. Tln ix►tirc�h•rll pn�vide a peri�xl ut'
<br /> +. , mit le��thun 30 Jays fuNn Ihe Jatc the ni�tirr iti JclivcrrJ ur muiled��•ilhin whirh Iiurruwcr mu�t pa�• :�II.umti,ciureJ hy Ihi� �--
<br /> . Security In+�n�ment. If BuROwrr t'ail� tu pay Ihr,r ,um. priur tu Ihe cspirution uf Ihi. Fxri�xl. Lcndrr moy invoke uny
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<br /> � • mmedics�xmiittrJ hy thi�Scrurity In.trumrm�vilhuut funhcr nuticr��r dcmand un Borr��wcr.
<br /> , 18. Burrower's Ri�ht to Reimlute. If f3urruwrr nteet� ccnain rundition.. B��rrm.rr�hall huvr the ri�ht tu have
<br /> . enl'orcrmern oi'this Srrurit� In.�rumem di.r�miinurd ai any iimc �ttior�o Ihc rarli�r��f: I:u 5 dcry� lur.uch i�hrr�xri�xl uti
<br /> 1mgl�l�.um1�••M'unnlclfur�FYcddk�fucl\IFl)R�fl�yfRl'�fF:�l..lndum�c'ua.num, 4i411 ��Hi�tr�n�n/e�er..�
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