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<br /> � . ��'°`�0��9�f9 �oarv No. � 5 3�z � 5 � � � =
<br /> � 10.�ond�mnwtlon. 5'he procesds af any award or clAim for damagos,dlroct or consequentlal,In cannoctlon Srfth �
<br /> " any condemnatlon or othet taklnp o}any part of tho Propo►t��,or for c�nveynnce In Ileu of condemnatlon,are hereby �
<br /> �..,
<br /> � aeslgned and eh�ll b�paki to lender, _
<br /> - In the ovent af e total taking of the Prop�rry,the proceods ehail b�applled to the eums secured by thls Security :
<br /> •� �� � �� Insi���!r.e!i!,�he!!►sr ar net then due,with any exr.ese aaid to Borrower.In the event of a partlal taking a}the F'roperty In "
<br /> `"� whlch the felr market value o}the Property Immedlateiy before the teking Is ec�ual to or greater than the amnunt o4 the �
<br /> ,'�_�.a�� sume secur�d by lhls Sec�ri�y In�4rumen4 Immedia4ely i�fore ihe 4akln�,�nleas DorroweP and Londor othorwEs�wgrc�!n ;�
<br /> .�-�.'Y �� writing,the eums secure0 by thts aecuriry instrument snaii be reciuc�ci uy tite nniuUtii ui ii�A Niucbntin ii�ii�il}�itou uj�u o _
<br /> ' ��,�# 1ollowing frectlon:(a)the to4al amount oi the sums secured Immedlately beiore the taking,dhrlded by(b)tho felr market __
<br /> ,! value of ths Property Immodlately betnre the taking.Any balance shall be pald to Borrov:er.In the event of a partlal
<br /> �,, taking of the Propeny in which the falr market val�ee of the Property Immedfatefy before the teking Is less than the _
<br /> emount of the suma secured Immedlately before the taking,unless Borrower and Lender othe►wise agree In writinq or _
<br /> � ; unless appilcable law otherwlse provldes,the proceeds shall be applled to the sums secured by this Security =
<br /> - . �� Instniment whether or not the swns are then due. `
<br /> `. r.�,� .. If the Property�s sbandoned I�y Borrower,or I(,aicer notice by Lender to Bonower that the condemnor oifers to =
<br /> � Y� �•y� make an awarci or settle s clalm for damages,Borrower falts to respond to Lender within 30 days afte�the date the _
<br /> ;. � �, .: •r natice is given,Lendor Is authoNzed to collect and apply the proceeds,at its optlan,elther to rostoratlon or repalr of the
<br /> .�� .,�.,'�; � ProRerty ar 4o the sums socurod by this Securiry Instrumont,whe4her or not then due. -
<br /> .��-''�'°''� Unless Lender and Bor�ower otherwlse agree In wrfting,any appltcation af procc�dds to prir�cipal shatl not ext�nd o�
<br /> �4s:�}+,.�� pn�tpone tQie due date of the monthty paymente reterred to In pa►agraphs 1 �nd�or change the amount Qf such =
<br /> -- ,�.s�'� payments.
<br />"='�~��; 11.Borrow�No!Rei�►a�d;Farbar�nce By Lender Not�W�iver. Fxtenslon of the time tor paymont or
<br />+;�;t.3
<br />- },���s.,�,�; •. modtflcation of amortizatlon ot the sums s�cured by thls Securtry Instrument granted by Lender to any successar In
<br /> Interest of Ba►rower shali not operate to release the Itablliry of the orlgInal eorrower or BoROwer's successors In
<br /> -�.:1�„. Interest.Lender shall not be requfred to commence proceedinys agalnst any successor In Interest or refuse to extend R.:
<br />-a��J=;�Y time for�yment or atherwlse modify amortizatlon of the sums secured by thls Securfty Instrume�:by roason of any -
<br /> ��:;;,���,� demand made by the orlgtnal Borrower or Borrower's successors In Interest.Any forbearance by Lerxler In exercising
<br /> --;z= any viflht or remedy shall not be a waiver of or preclude the exercise of any�ight or remedy.
<br />_:3�y;:�,A..
<br /> ��`� 12.8uccs�►�aa�r�d Ass�ns Bound;JotM�nd Sevsnl Lia�bUity;Co-sbnsn. The covenants and agreements of
<br /> �_-=•. thie Securiry InstNmant shall bTnd and benefit the successora end asslgns of Lender and Bonower,subJect to the
<br />�-�"'='=-��=���. provisbns of peragraph t 7.Borrower's covenants end agreements shall be Jolnt and several.Any Borrower who
<br />-- �� co-slana thls Securky I�atnsment bi�t dnaa nnt axacirtA thA Notca�(a�Is co-slanlna thls SecuritV Instrument only to
<br /> ,����:�� mott�age,gnaM atxl convey that Borrower's Interest In the Property under the temis of thls 3ecurtty InstrumeM;(b)Ia
<br /> __���,�= not pereonaily obilgated to pay the sums secured by thls Securky Instrument;and(c)agrees that L.ender and any other
<br /> -_---.� BoROwer may agree to extend,mafHy,forbear or make any accornmodetions wfth regard to the terms of thls 8ecuriry
<br /> -- - Insirument orthe Note wtthout that Borrower's consent.
<br /> -- 13.Lo�n Ctuiroos. If the loan secured by thls SRCUrity Instrument Is subJect to a lauv whlch se2s maximum loan
<br /> - charges,and that law Is flnatly fnterpretod so that the IrKerest or other loan charges collected or to be cdlected in
<br /> —'p c�nnnectbn with the loan exceed the permitted 1lmfts,then:(a)any such loan charge shall be reduced by the amount
<br /> necessary to reduce the charge to the permftted Iimit;and(b any sums already cdlected from Bonower which
<br /> ----.�= exceeded pemittted Ilmlts wNl be retunded to Bonower.Le�er may choose to make this refund by reducing the
<br /> .�-°°�-°T�- prina(pal awed under the Note or by rnaking a direct payment to Borrower.li a refund ceduces princlpal,the reductlan
<br /> -- will be treatad as s psrtiel prepayment without any prepaymerR charge under the Note.
<br /> 14.Notla�. Any notice to Bonowerp�ovlded tor in thts Security Instrument shatl be ghren by detivering it ar by
<br /> � maNing k by fltst dass maN uMess appi{cable law requlres use of another method.7he natice shall be dlrectod to the
<br /> _ Property Addr�sa w any ather address Bonower designates by notice to Lender.Any notice to l.�nder sfiall be given
<br /> - by fi�st dass maN to Lender's address stated he�eln or eny other address Lender deslgnates by noilce to Borrower.Any
<br /> ---- = notice provided for In thla Security Instrument shall be deemed to have been given to Borrower or Lender when ghren
<br /> - aa provided(n thls paragreph.
<br /> - 16.Gowrnirq Law;Sev�rab6lity. This Secutiry Instrument shall be governed by fede�at lawr and ihe law of the
<br /> --------� ��t,�it�t(.�n tp wh�'h the Pt��+rty�s��.?tr�i.In the event tha�t�ny p,rpvisfon or clausa et thls 5ecuritv Instrument or the
<br /> --� �ote coMllcts with epplicab�e law,such cor�llc�shall not aHect other provislons of this Security Instrument or the Note
<br /> ------- which can be ahrAn effect wfthout the conflicting provlsbn.To thia end the provislons of thls Security Instrument and the
<br /> - ---_� Note gre declared to be severaMe.
<br /> ;°�i 16. E�orrow�r'�Copy. Borrawer shall be given one confqrmed capy ot 4he Nate and of this Security Instn�ment.
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