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<br /> �cndemmatiae or atbcr tal�ing af any�(�t af the Pmpcctyr.a far conveyu�ce in lieu of c�ndemnatiriir.�ce hrre�y�sipxd�d -
<br /> sbill be pid to L�der... : � . . .
<br /> Lr;�he event of a total tating of the Pnope�ty.�P�� shaU be apptied ta the si�secured by this Securiry .
<br /> Insumnel�4 whett�er or not tha�duc.with any excess p:ud to Samwer. I�the cvent of a partial faking of�he Propeny in
<br /> = whicb the faii m�et eratue ot t6e Propetry immediatdy before the taiciag ic eqw�!to ar grcater th�n the amount of the sums .
<br /> ' s�rcd by this SewRty Instrunxat immedi3tely befare tHe t�tcQtLe.unie.sc Ba�rower and I.eader athcrw�ire agrae in writing. .
<br /> ,� thc sums secs�rd by t1�is Secun"ty Instrument sha}16e�daced by the amount oi the pmceeds mu(ripiicd by t8e fnituwing ,
<br /> fr�csion; (a)the tota!artia+inr o81he sumc a.'co�ed�mmediacetY before the talcing.di�ided by tb)the fair market valwe of the
<br /> = Ptoperty immediueiy 6efote the tsicirig. `Al��balactre siiaali 6e paid to Botrower: tn the event of a partial taking of the
<br /> pn�peay m which the fair mazket value oi the Prop�eitp inaaedlately befu�r�ttt�ts�is ftas th�a tt�amonnt of ttu��ms
<br /> - • s�ttcd fmmod'tately 6efore the talcing.untess Borsmver an�Lenderc�therwise�vr in writing or.unlccc appl'u�bte taw
<br /> otlrerwise provides.the�vice�ds shafl be apptied to tAe srims secuied by tfii.c Sec�uit�Insu►�nt.ritstt►�or,not the sums a�e �
<br /> thn due. . . . , .
<br /> If the PropectY is�Dan�x�ed by Boriawer,oc if,aftee�otice by i.ender ta Bdmaww that t}i��edndemnoi offe�s to makr
<br /> aa awacd or settle a claim fa damages.H�xs�wer€ti1s c�respo�t�f�des wittsin 3Q days after the date the notice is giver�.
<br /> Lender is authorized to coliecc aad appty the prnceeds,.�t its oQ�o�eith�.�i to r�suxation or repair of the Property or to the
<br /> sums secured ti�this Securit}�tttsonimeaG w�et5er ocnot tke�du� ' .
<br /> U�Iess L�ender and Barcower otT�tse xgree i�e+Fi6ng.���#i�i°n af proceeds to principal shaU not estend ar
<br /> :_ postpone the duedate aetha moatf�ga�meacar�fer[tcf to in fia"ragr3�lts 1�aad 2 or clt3nge the amnunt of such paymen�5.
<br />-- l I. Sar�v�res l�fa!•Re�ed: F�..�;.�dcs Not a Wai��er. Extension of the tima f�r payment or :
<br />- mod'ificadon of amaaizatian of the sums secure�Ms.1A:y�i'�i�Y�m�t granteri 6y[.eader[o any successor�n iaterest —
<br /> - of Borrower stwll nat c�pesace ta release the liability af the ariginal Borrower or Borcower's successor.s in interest-Lender _,_
<br /> -- s}�ail nc�t 6e required[n wmmence proceedin8s agaia�E any successor in intenest ar refuse to eatend time far payment or =�
<br /> oths�is�mod�fy atAOrtization of the sums sa'uced by this SecutitY Instnm�ent by reason of any demand made by the original _=
<br /> _;' Bor,rower ot Aamwer's successots ia interest Any forbearance by Lender in exer�ising any right or remedy shall not be a ���;--
<br /> ��t aaiver af or prectude the eaercise of any right or m�t�edy. � �=A,.�-,,_
<br />_ _-_ ���������J�����•�y�}��gy;�Co-signe�. The covenants und agceements of this �-_.-_,--
<br /> ` - Securiiy Insuument sh3ti 6ind and benefit the suc�s and a,sign�of Lender and Borrawer.subjett'to the pmvisions uf ��Q_
<br /> ,..: Pazagraph 17. Borrower:s covenar�t�and a si�all b�'oint and several.My Borrower who co-signs this Security . � -
<br /> Instrument but daes not execute the IYote: !a)is�gnin8 ttics Seruriry ln.strument only to mortgage,grant t+nd convey that `� �`c °'
<br /> n 'n
<br /> -. Boimwer�s inttTCSt in tiic Property under the ternfs o��vs Securitp tastnin�e� lb)is rtot petsonalty o6ligs+ted to pay ehe sums - �`_,��_ ~
<br /> secured by this Security Insiramen�and(c)a�t�::t Lxnder aad any other Borrower may agme[o extend.modify.forbear� ��J;4, :- ,�; -_
<br />- or make any accommc�dations with regard to tiie:�ns of this Security tnstrument or the Nate without thai Borrower:s �t
<br /> . . . 1�``'• "_��Y� -
<br /> � �E_ . cons�nt. • .. - -=.�.,�' -_
<br /> 13.Loan Charges. If.the toan s�cared by,this Securiry instrument is subject to a law which sets maximum loan :.�•,;r_,;•.ti ,.,
<br /> ;,- -c :.:. : ; -
<br /> • "i. . � charges.and that law is finalty inte�ad so tfiat k.ze 4ntere�;t ar other loan cfiarges collected or to be cal[ected in connectian _
<br /> •� .with the ioan exceed the�ertnitted limits,then: ta�.��such laan charge shall be reduced by the amount necessary to reduce �`:,'_.-'�==-
<br /> s"�.
<br />. �`° ttie charge to the permittad]imik and(b)any s�:cR.�a?v..ady caAected from Borrower whicE�exceeded pertnitted limits will E+e ��.
<br /> .� �nefiunde,dco Bormwer. I�ender may choose to m�;e�::s refund by reducing the principal�wed under the N�:eor 6y making a � ,���.:
<br /> - � •�• . ilicect payment to Borrower. lf a refru�d.reduces prineipal.the reductivn wili be treated ati a aRial re a mertt withaut an . � ..• --
<br /> .. j tj P P P Y y �r"•-r.�>_.y °_
<br /> .,,� ,� prepaymen[c h a rge un d e r t h e N o t e. s
<br /> �''. 14. Notkes. Any notice to Bamdwer provi�t'or in ti:i�S�uriry instrument shall be siven by,detiveang it ac bc �:;`%`• _
<br /> .: mailing it by first class mail unless applicable!aw.�:;crzs use of s�nother meth���The notice+hall be directed to the Properry ` � .
<br /> Addcess or any ather address Borrower desi�crat��Er:riotice to l.ender. Any c:+�rice to Lender+hall ise givcn by first cfass g=;.. :
<br /> fi� �.
<br /> ' mail to Lender:s address stated herein ar any other addretis Lender designates by naticc to Borrower. Any nrnice provided for �:�;;1;; , -,
<br /> ' ''• in this Security Instn�ment shall be deemed to havc been given to Borra�ver ar Lender when given as provided in this , . . ,.,t,
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<br /> _ _; 15. GoverninR l.aw:aererability. This Security lnstrument sh�ll bc govemed by fedcral law 1nd the law of[t!e ` t: "`
<br /> ' � jurisdiction in which the Property is located. In tY�E'�ent ihat any provision or clause of this Secuciry Instrument or the Note � . . �`a•
<br /> canfiiets witb applicable law,such cunflict shall not affect�ther pravisiony of thiti Security lmtrument or the Note which can �' ' ._ _
<br /> �`�;=, bc given effect without the cemflecting prcrvision. To this end�he provi�iun�of thir Serurity Insirument and the Nate are
<br /> . declared to be sevcrable. , .. y�:
<br /> •� ' ? 16� Boerowt�'s Copy. 8arrow�:4hall be given one canfcc--:.�d cnpy��f Ihe Note and af thiy Security In�trument. _:
<br /> ' * �` 17. 7Fansferot the PropeMy osa BeneQeial interest in Ecc+rrower. If ull or any pan of thc Prapeny ar any interest::� . ���:��
<br /> ' it is tiold or transferred(or ii'a heneficial interr�t in Barrowcr is cald or transferred and 8��rrower i�nnt t+natural penan) .
<br /> - withaut l.ender's privr written cansent.Lender may.at itc option,require immcdiaic payment in full of atl tiums scrured by •
<br />- � �i • this Security Instrument. Hawevcr,thi�optian shall not hc rxercitied hy l.cnder if excrci.c is prohibited by federal faw as af j�4
<br /> = the date of thi�Security Instrument. . ,�-=' �..°.'•:�r,;:
<br /> ° `� lf l.ender excrciscti this aptinn.f.ender�hall givc 8orrowcr nrnice��i acccler:dion. Thr r.oticc tihall providc a peri�l uf • . ,,>�,,..;
<br /> .� nat lesx thun�0 dayx from the date t�::notice i�dclivcred nr maiicd wilhin which Borrow•cr mG�z pap all�ums recured by�his r�` '^�.,;;,.;.
<br /> •� ,�;;,;,';�:• Security Insirumem. If Snrrowcr fails ta pay thcx�unts priar to the a�pir.d'nm uf�hiti reriixl. l,cn�ler may invnke any �, . . . ;•
<br /> ` ��;
<br /> • �'a,.,:.:r;_r,..: ;>•'�.. remedies permitted by this Security tmtrument withnut fuAhcr natice��r demand un BoROa•cr. „ �; . .
<br /> rl:�''- ' .- . 18, Borrower's Ri�ht tu Retnstute. Ii Bnrro�vcr mccty cc�ain rundit:��m. Norrua•er•h�dl h��c c'.+.e right to have
<br /> ' - "�`°•''-= enforcement af thi�Sccurity lnhtrument discominued.�t any time pri��r u+the cailicr�d: 1a►�day.(��c.�:ch othcr periad sc - -
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<br /> „ :�i..�:.. � Sin�le Faroity•-F'annle�faai'rrddie 11ac t�PFtfA\11\ti't!t!31�:�'1'•-t'mt„mi fo�cnam. 4 911 q���ge J„I v,�.:;�;� . .
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