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<br /> � ooadetnmatian or ather taking of anY P�Pf��Y•or for canvey�ce in lieu of ca�auian.aR h�eby ass�Sned�
<br /> _ sh�it 6e psid to I.ender. -. . • • ` `
<br /> ' ta d�e event ot`a tat�l tskiag of the�opercy.ttrc p�oceeds s6a11 bc applied to the svms�isy aius Security
<br /> I�nu�xat,wi�r or noc thea due.witti any eaces�s paid co BoQOwer. In the cvenrof a parti�l taking of ttl�a Rope�ty in
<br /> � wl�ich�#a�r.muket yalue of the Fmpecty immediauh►hefore the takmg is equa4 to or grater than the amount of tlx s�ms �_
<br /> - - --
<br /> - — -secuned u . .. .. _ � _-
<br /> . _ --�-o Wttttf►$ —.
<br /> tbe wms sccund by this Securicy�s�rtx�t shaU.be nducod by nie amount of the pracoeds multipGed by�following
<br /> fraction: Ea)tfie totai amaunt of tbe sums secwred i�nmodiuely 6eforn the t�g.divided by tb)thc fair madcet value of the . �
<br /> �= Fropetty immediately btfoti thc tskjng. At►y Wlance st�tl be pud tn Bormwu. In the eveAt of a pastisl[aking of the ' , - -
<br /> � � , A.tapaty in w6ich the fair muYet vatue of the Pmpeccy immediateIy befoR the taking is lest than the amount of dx sums
<br /> - - secutrd immediatelp befae dte taking,untess$onower aad Lender otlxrwise ag�ee in writing or wttess applicabte law
<br />_T" � othuwise pmvida.the pmceeds shall be applied to the sums seGUSd by this Security Instrumrnt whethar or nor the sums are
<br /> i.;, ' , that dae. �
<br />-- ;�fttrc Property is a6andoned by Bonower.or if.aftar notice by l.endec to Bamwer thu the condemnor offers to m�icc
<br />��,�... - an iward-qr settle a ctaim for�ges.Bortower f�+ifs to resporW[o Lendor withiit 30 days aftes the date the�is givtn. .
<br />_ I.eoder Ls authorized to calkct and apply tbe proceeds.at�ts c�qan.tit6a to restoration or repair af the Pmpetcy as ta tha
<br /> �s�amed_ this ' .Insp�unqat,w�ahe�or not thea due. �
<br /> --- -------- - . . hY Sa�u!tY.. . . � - • I���x�a3 ar - _- - -
<br /> --� .-U-niess Ixiiiler u►a Barrowet ottie�ivyise a$�iet in-vvmin8•�Y$PP���In�-t�Pn"��P$':�"� -- — _ -
<br /> P�stPone the due due of the u4�tty PaYtoe�[s teferre3 tv in paragraphs 1 and 2 or chaage the unount of such payments.
<br /> ' l�. Boera�ver NoE 8ete��brbeaniece By Lpider Not a Wsiver. " Excetuion of the qrtk for paymmt or
<br /> � modificadai of artortizuiqi;of itie suans secuied by Jiis Security Inswme�►t grantod byLender to�►y svccessar in mucest ,
<br /> ; `� � of Borrower sbatl.not i�pentc,w rcteasG th��bility of the original Borrower or Borrower's successoTS in incena�i�ender
<br />-� - ` : sbaA na 6e�ied:o coaane�ce pro�P85 a8�inst anY`successor in intenst or sefiue to ext�d tima f�payaxnt oi
<br /> ` otherwise modify stmartiz�tion of the swns seca�rsd by this Security Inmurpent by teasa�af any demaAd made by the originai , --
<br /> .4; Hqrawer or Bormwer's successo�s irt intens� Any fai'bCarance by l.ender in txercising aay rigbt or�y shalt twt be a . ,
<br /> .` � waiver of or p�rctode the exentise of wty tigltt or temedy.
<br /> . 12 Suc�sa�s and Ass�ns Baaed:Jdnt pnd Severai Lis�bility:CA-s�ner� 'ff�e covenantt and agreements of`this -
<br />• . � ;: . Security Insnunknt shall bind and benefit the successors and assigns of Lender urd Boaower.st�ect to the pravisians of ��=.-6
<br /> •�'�. .:��� �. � p� ph 17. Borroweris covenants and�,�nents shall be joint and several. Any Borrowei v�fito co-signs Wis Securiry ��r_
<br /> � . .�s � . .r.. .. .
<br /> - •- Ttt�suumeat but Aas Aat cxecutc tbe Nas:'la)is co-signingthis 5ecoriry Insuument on1},to mos[gage.Srant and convey that �"".
<br /> ���r{;�-_;=�-
<br /> " .. . :' y Botrower's inteirst in the 8roperry under the temts of thu Securiry Insuument; (b)is ni�t peisonaUy obligaud ta pay ihe sums ' ,�:,,��.y,�_,-:-.
<br /> �' ' Y �Y 8� Y o extrnd.moddy.forbear •`'•�1�r�`-
<br /> � �'��:?..,�����'�' securcd b this Suuri Instrumen�and(e)a thae Lender and aa OthQf BOROWK AL1S 8g[EC� ,��,�
<br /> ..ro'`���'-"`"�_:.:=. - -
<br />. : _,�-;:.-:.::.._ ar matce any accommodatians with regard to the [� of Wis Securit}r lnsuument or the Note.withaut that Bmtower's _ ��_-�
<br /> `"':: '�:';''..�.• �. c�13�. Loat�Chaeges. If the loan securcd by this Securiry Instrument is subject to a la�►;.which sets mauimum loan -�,?�-:• ,-�V
<br /> :�°�.��::��;=..�:
<br /> �� �.�:: � charges.and that law is�inally inurpreted so that the intesest or other laan charges collec[ed or to be coUectat in connection ._ '�f�,:�
<br /> � ' -`_.>�`, ; wi'th the toan exceed the penssitted limits.then: (a)any s�a�loan charge shall be redaced by the azr�ount necessag!to redua �' �.-`=-�-
<br />' `:lt � ;�r`;.•.:? � the c e to the pe�mitted}i¢nit;and(b)any sums airea�?�collected fram Horrower which exceeded permitted i'anits will be �`��' �:"�
<br /> , �,,. •a �S
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<br /> -:;�:.:�=�:;;k . refunded to Borrawer. Lendermay choose to make this refund by reducing the principal awed under�he Note os by makins a ' :,*:-�;y�r:
<br /> � -_`•'��4 � `•• .� •`:.;'� dittet payment to Borrower. If a refund reduces priacipal.the reduction w�U be ueated as a partiai Prepaymeni withan�y ,, • r�
<br /> •_-;.��`-�'-:: , .�`�::� piepayment charge ander thc Nocc. ' � "`,� •'
<br /> ' t I4. Notices. Any nouez co Bomawer provided for in this 5ecurity Insttumesu shall be givm by delivering it or by � `., �'�• '` �(„'
<br /> , , �;: rs�s---
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<br /> ` - . mailing it by first class ma�'�:�c1�ss applicabte law sequires use of anuther method.7'�notice shall be direcced to the Property :.;.,;,,;.,,,�,.,,-�,;, r;
<br /> . ,;,. < < ,�,: �.�u_1��
<br /> � �•.: = ' � . � Addrtss or an other address$oirower desi ates by notia to Leader. Any nouce to Lender shall be 'ven by fttst ctass `:. .,.�i:-,'.? ,>c�f,,�.F�.-_�
<br /> , mail to Lendeis address stated herein or any o�ther address Lxnder designates by notice to Borrow•er. Any notice provided for .�� ' �r��:±y;,;;�r,�,-
<br /> �� � s'�� in this Security lnstrument shall be deemed ta have been given to Horrower ot Lender whcn�nven as providetl in this , �'';w��c.„_
<br /> �• , ;�>�:z-
<br /> ��::=_`;�;�.•�;��` �13�Governing Law; Severability. This Security lnstroment shall be govemed by federal law and the law of the ' ' • `'�:=s";
<br /> ..::=.... . . . �`,.�,._
<br /> - , -s:.-.: • . jurisdicdan in which the Ptoperty is tocated. tn the tvent that any provision or clauu of this Security Insuumrnt or the Note .. , _
<br /> . _ . ... � . ..•,.� conilicu with applicable law.such conflict shatl not affect other provisions of this Security Instrument m the Note which can , ;``-��
<br /> �. � � ��.�:j: be given effect without ihe conflic[1ng provisian. To this end the pravisions of this Secnrity lnstrument and the Note are
<br /> � � .r-.,�:;�'; � �.,�c.".
<br /> �'. ��.�.�:�' dcelared to be severabJe. ��-,
<br /> .� � ' ��t�;`•�"� 16. Borrower's Copy. Borrawer shall be given one conformed copy of the Note and of this Security Insmumen� : i-��.
<br /> • ' � • ' 17. Tnnsfe�ot fhe P�opeNy ar a Beneticial lnteresl in Bo�rower. lf all or an an of the Pra or an�interost in • � � � -��-'
<br /> . . YP P�Y ) �•a:�r.,�.. ���,:_
<br />' - ' i t is so l d or transfened fot if a beneficiAl i�terest in Bonawer is�o1d ar trat�sferred and Borrowor is not a natural person) , , „_,�_,-
<br /> ._ � .' �,, withoui Lenderk prior written cansent.l.endcr may.at i��optian.require immediate payment in full of a1T sums secured by � �.,^�,-:
<br /> -. � � • this Security lnsuumen� Hawe��er.thic option shall nnt be rzercised by Lender if exerci�e is prohibited by fedeml law as of
<br /> � .. :'�':`�'F the date of this Security testrument. '�,�..
<br /> •�� ,.� �,,` ;;:`�i.�. If Lender exercises this optian.Lender r�haQ give 8orrower notice�iacceleratian. The natice shal!provide a pericxt of .
<br /> . . . not less than;0 4ays from the date the notice is deli�•ered or maited within which Horrower must pay all sum�seeured by this � ,
<br /> i.`-:�,:r,�:, , .
<br /> .. .5,,;,,,;., , . Security Instrumem. l f 8orrow•er fai l�ta pay t hes; s.;rn.r prior ta t he expirAtion a f t hiy peria d. L en der ma�• i n v a k e a n y !
<br /> -• �;;i .�. ;�,� � cemediea permitteJ by this Security 1nsErust�►ent w�t�ouo furtl�er notice or demand on BanoH•er. '.
<br /> , • ;;,•, ��,;, z l8. Barrawer's Righ! to Reiastate. If Borroaer meets cenain canditians, �arrower shall have the right to have ! • ,
<br /> .�,'. '°,:,;,.s,.;•��, enfarcemeni of this Security Instrument di`continued at pay time priur ta�hr earlier�f: Ia15 days lor such other periad as I -
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