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<br /> �� -- -= condemnuiion or olhcr lukin�ul'any puM oi�dm Pa�P�rty,or 1'or amvcyuncc in licu uf rundemnuNan,ar. tKrchy urxiQncd pnd
<br /> ���� xhall be puid to l.cndcr.
<br /> - ---:;� �,�.. In the cvent ��f u totul luking uf ihc Property, thc pr�xccdr r+hull he u�licd �o thr xumw �urcd by thix Se„Vi'n
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<br /> �ls::�'� Ins�rumcnt,whcthcr or mx ihen duc,with uny cxcc.�paid�o Borrowcr. In thc cvcni of u puniul I�king ot'ihc pm�• ,
<br /> `''' which thc iuir murket vuluc oY thc Pn►�x�ny immcdiulcly bcforc�hc�aking i.cyuul�o ur grru�cr�h�m ihr umuum of th��ums
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<br /> �} 4'�� ' � �• -: secured by�hix Securily Inr�rumcm immediutely beforc ihc tuking,unle+�Norruwrr and l.ender nthcrwire ugrcc in wri�ing,
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<br /> '�'»'."�.�,'�`.,j �;�._ thc�ums tiecured by thir: Seruriry In�trument�hull be reduccd hy�hc umount uf Ihe pnKCCd+m�diiplied hy �he faUow ng
<br /> ,-�=-�_-�'--�-��- =%�+ frac�ian: (ul�he totul umount of�hc�umK secured immcdiately t+efare the iukin�,divided by(b►�hr fuir m•rrkct vulue of the
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<br /> pmperty immediu�ely beforc thc tuking. Any bul�nrc �hull l� p•riJ tu Burruwrr. In thc c��cnt uf u p.ih�+�l �uking of tiu �
<br /> �, r�.,�,,� �,+' Property in which the fuir marke� vnluc af thc Propeny immediatcly hofiim the tukin�C is Icrx Ihun thc umuunt of thc xumv
<br /> �-� � ".�� ,J ' secured immediately t+efore the�aking. unless Borrower unJ Lemlrr��therwize agree in writin� ix unleti,upplicuhle luw
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<br /> =x.�!•«..� :��, •�� � otherwise provides,thc praceeda sholl be applicd to Ihe tiumx.ecurcJ by�hix S�wuri�y Inzirum�nt whcihcr or nat t c xumc urc
<br /> �t'��� � thendue. �
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<br /> •° If'the Prapeny is ubundoned by Sorrowcr,or jf,after noticc by l.ender io Borrower thut the��xKlemnor offen to mukc
<br /> �:�'"�`'~'+`�' •"� pin uwarcl or.r•eule a cluim for damuges,Borrower Puils to respimd ta Lendcr within 30 day.uftrr ihe dc+tc ih�notice i�given,
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<br /> ,�,`:+ak.�+.e.;�.:;; Lender iti uuthorized to collec�and upply the pr�xeeds,nt it+option.ei�her�u rz.turutian ur rcpair of the Property or to t c �
<br /> `.;,;�'��,�;;r�;�k, � xums secured by this Security Instrument,whe�her ar no�then duc.
<br /> �:���.;•,�, �. :�- Unless Lender nnd Borrawer othenvise aFmc in writing,uny upplication of pnxeeds to principul+hull not extend ur
<br /> � `e�^�«�-{ � postpone the due dute of the manthly puymentc refermd ta in pnragruphs I und 2 or chungc�he um��unt�f such puymen�+. ��.
<br /> 11. Borrawer Not Released; Forbeurance By Lender Not a Waiver. Exten.ion ui thc iimc for puyment ar
<br /> - -"'"'`-`"""�`'`�' modificution of amoniwtion of�he sumti secured by thix Securiry Inxtrument grunled by LenJer to ony�uccessor in inierest __.
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<br /> ' �� . of Borrower shall not operute to relea.se the linbility oi the original Barower ur SoROweri successor.in imeR+t, l.ender �
<br /> � � _ " shull not be requircd lo commence proceeding�uguinxt �ny successor in interest or refuse to extend time for payment or �__
<br /> '�v�°_ � athetwi�e mc�dify umartixa�ion of the yumti secu�ed by�his Serurity In�trument Uy reuxon af nny dernand much:by tl►��►riginal �q_
<br /> ,�� Borrower or BoRawer, succesxors in interex�. Any forbeurunce by Lender in excrcising uny nght or remedy xhall nat be u �._.:
<br /> - �. � waiver of or prcclude the exrrcitie of uny right or remcdy. �--
<br /> ,�,t,;:..:; : . „ l2. Successors and Assi�ns Bouod:Jolnt and Several Lis�bility;Cu•signers. 'I'hc covenunis:�nd ugreemem+of thiti ,
<br /> .- � , Security Inslrument sh�ll bind und t�nefi�tNe succcs.as und Asxigns of Lender and Borruwer,subject ta 1he provisianti uf �T�
<br /> -_`'-'. ' .�p. ,, paragrnp h 1 7. Borrower's cove n u n ts and u greemen�s tihull Ix joinl und tieverul. Any BaROwcr who ��R�d e nvec t h�t �'y-�
<br /> . �_��`�":�''; , Instrument but daes not execute the Note: (a)ix co-�igning this Security Instrument only to moA�uge,g Y
<br /> ��-�� � Borruwer's intercst in ihe Property undcr the tercnx of'this 5ccuriry In+trumem; (b)i.nat pcnonally obligated ta puy the xums �__
<br /> • ,`;�� �� secured by this 3ccurity In+trunxnt:und(r)ugrecs lhat Lender and uny other Borrower muy ugme toexlend,mcxlify.forbear ���
<br /> _-it„ �' • ar muke uny accomim�dnticx�s with re�ard �o the �ermy uf ihi� Security In�tniment or �he Note wi�hout �hut Bortnwer's � -
<br /> '� � _••:-.;,., � consent. — -
<br /> „_��,:r•;�,� li. Inwn Chargea. If the loan xccured by this Security In,in�ment is subjecl to a luw whkh sets muximum loan
<br /> _•� — -�� -"- - chArges,and thut iaw ix finaiiy in�e�p��tr.i�o thas thc interest ar other lean chnr�e.rollected ar to be collected in connec[ion __
<br /> �;' � with the laan exceed the permiued limuti.then: lu)uny�uch loan charge+hall be reduced by the umount necessury to reduce �
<br /> `�' ' .'" ''" ' the charge to Ihe pennitted limii;und lbl uny sum�ulreudy collected from Bom�wer which exceeded pemiiued limil�will he _
<br /> � refunded to Barrowcr. Lender muy ch�xix�o mukc thi.refund by reducing thc principul owed undenhe Note or by muking a —
<br /> . r�. direc�puymem to Borrower. IPu ref'und reduces principal,lhe reduc�ion will he treuted a+a paniulprepayment without uny =
<br /> . prepayment chnrge unde�the No�r.
<br /> . 14. NoUces. Any naticc to Borcnwcr pmvided for in�hi.Security Inti�rument xhall be givcn by delivcring it or by r,�.=:.
<br />• . � mailing it My fint cl�sx mail unlexs upplicable I:►w requires uu uf another mcthai.The notice shnll t+c direwteJ to the Property �`�.
<br /> '•. Addmss or uny��thcr uddre.s Borrowcr de�ignutc+by noticc to Lender. Any noticc to Lender,h�ll br given by ti�l rlu+s
<br /> d. muil to Lender's uddrc+�ti�atcd hcrcin ur:uiy uthcr uddn+.Lender dr.ignutc,hy nrnicc to Bnrrower.Any noticc providcd for �i
<br />- • in thix Securily Inslrumrnt shull Ix decmeJ to huvr Ixen givcn t� Bormwer or Lender whcn givco us pmvided in this _
<br /> , � � pnrugraph.
<br /> " 15. (:overning Law; Severab8ilv. Thi� 5ecurity Imtrumcnt +hull lx govcrncd by fcderal law und �he luw ot' the
<br /> ; jurixdiction in which ihr Property i.I�xu�ed. In Ihr rvent thut uny provitiion ur rluuse of'this Sccurily Intiirumcnt or the Nae
<br /> • "�- -: • i contlicts wi�h upplicublc luw.+uch wnlli�t .h.+ll nut affcrt othcr pruvitiions��t'thi�Srcuriry Im�nnnent ar�he Note which can ��.
<br /> ^ be given effect without Ux cuntlicting provi+ion. Tii Ihi.end �he pmvi.ion�ol'thi.Security Instrument und �he Note are -
<br /> '� ' declared to he+cver�blc. ��:-�
<br /> � ` 16. Borrower's Cop�. Burrowrr,hi�ll Ik gi�rn an�runti�rnicJ copy ot'thc Notc anJ ot'thi. Security Inxtrument.
<br /> , 17, 'IY�nsfer oP the Property or a t�eneficial Inlerest M&�rrow�er. If all or uny pun ��f�he Propcny ar uny interes�in ��'^
<br />� �� it iti�old or tramfrrred lor if a Ixneiirial in�crc�l in Bomiwrr i+�oIJ or tramfeRed and Borrower is not a nawrul perxonl _
<br /> � � �� without Lcnder:prior wriltcn con+em.Lcnikr may. at it���p�iun,r�quirc immedi:ur paymrnt in full of all�umx securcd by ��
<br />' ' • ihi,Security In.trument. Huwever,thi,option�hull nut Ix��xrrci�rd by l.ender it rxrrci�e is prr�hibitrd by federul luw�ti of -_
<br /> �� ' thc daic of thix Sccuriry In.uvmrnt.
<br /> � ' If Lender rxenise,ihi.option.Lcndrr+hall give H�►rro�vcr nuticc of ucrrlrra�i�,n. Thr notire+hall rrovide u Exriud of
<br /> , � ° not Ir+x Ihun 3l1 Jays from thr Jutr thr noiire i.Jelivend ur maihd aithin��•hirh Borr����•rr nw+� pa�•all�um.ucurcd by thi. ���
<br /> ,. , _ Security In+trument. If Burn�wrr 1'uil. to p:ry the.c ,um.priur ��� Ih�cxpiratiun of Ihi. �xriod,Lrnder muy invoke uny
<br /> remcdic+�xm�iucJ hy thi.Srcuriiy In.tnimcnt u ith��ul limhcr nu�irr ar dcmanJ un Born�µer.
<br /> ° 18. Rorrower's Right tu ItcinsWte. If Rurru���cr nteet.rcrtain ranJi�iou�. Narro��cr.hall ha�•r �hc right lo havc
<br /> entinrcrmrnt ut'�hiti Serurity In.trumcnt di.curninued at any tim�•rrior tu Ih�rarlier uf: la 1 5 da}��lor tiurh otlxr pericxl a�
<br /> � , timFlc 1-amfl�•�Fannle�lucifreddle�fur l\IF'/IN�f U�'1 NI'�1F:\'I'..1'iwunnt'.n.nen�, 4�'M� iP�+e�•1��l^/ti���•`�
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