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<br /> condemnwif on or Mher�wkin�af any part of�he PropenY•�f°�conveyunce in lieu of c�ndcmnutian.orc hcreby a�si�ned und
<br /> shall be pwfd to Lcnder.
<br /> 1� � ovenl of a tdol taking of tho Propetty, �hc pmceeds xhull lx: uppUed to the �ums +ecureJ by thiw Scrurity
<br /> lnxtrumenl, whcther or nw tben due.with ony excess paid ta Bo�ruwer. ln the cvent of u puniul toking of the Property in
<br /> which tl�e fafr m�rket vnlue of the PropeAy immedlately before thc tuking ia equal to or grcutcr�hun tl�e amoum af the xums
<br /> the xumi Recurcd by�th�r►nSecu�iry�n uumdemc�haUtbc rrduced b9 he oSmu n of ttic pracceds mul i�lied hyR heifollowing
<br /> tractian: (al the total pmount af the sums cecurcd immediately before the�uking.divided by(b)ihe fuir muricet valuc of Ihe
<br /> --__-_-• property immcdiately hefix�the laking. Any buloncc shpll be paid w Borrowcr. In the evenl of u parliul taking oi the F
<br /> p�operty in which the fair murket value af thc Pro�eny immediutely before Ihe�oking ix Ir.�t{�un�hc wnuunt of thc sums
<br /> securrd immediotely befare the tuking. unless Borcower ond Len�ier otherwise agrce in wriling or unlexs Applicuble luw
<br /> othervvise pmvidex,lhe proceeds sha��be uPP�ied to the�+ums securcd by thia Security In��rument wh�lhe�or aot Ihe e�umw�re
<br /> tlxn due.
<br /> if Ihe Piroperty ia ubandoned by Borrower,or if.after aotice by Lender to Barrower that Ihe condemnor ofFerx to muke
<br /> --v -= Lendeur�ix au�hodud to collec�d oppy�he proceeds� at iiPaw�ehher o�rc�t rut on orrrepuir of��hehPropeny or to Ihe
<br /> - :ums secur+ed by this Secudty l�gtrumenl,whether or no�ihen duc.
<br /> Unle�g Lender and Borrower aherwise agrce in writing, uny upplicution of proceeds to principal shall na extend or
<br /> � postpone the due date of lhe monthly paymen�s referred to in pursiBruphs 1 And 2 or chunge the umount oi such payments.
<br /> 11. Borrower Not Rde�sed; Forbearance By Lender Not a Wolver. Extension of the time for payment or
<br /> madi�cation oF wnorlization of the sums secured by this Security Instn�ment granted by Lende�to uny successor in interest
<br /> of Bunower shull nd opeta�te to n:lcuse the liability af the original Borrowcr or Borrower's successon in interest.Lender
<br /> shull na be rc�uired ta commence proceedings aguinst any successar in interest or refu+e ta extend time for payment or _
<br /> ; --- -- otherwise modify umortiudion uP d�e swns secumd by this Securiry Inswment by reu�on of uny demand madc by Ihe nriginnl
<br /> - - Borrower ar Borrowers successors in interes�. Any forbeivance by L.ender in exercising ony riBht or remedy shull nat be a
<br /> waiver of ar preclude lhe exercise of uny right or remedy.
<br /> ��'.:;;,�,,,��; 12� Successors and Assigns Bound;Jotnt and Several Liwbflity:Co-sigoers. The cavenums und ugrcementx of this _
<br />-----— = Security Inruument shull bind and benefit the successo�nnd�signs of Lender und Barrower,subject to the provisions of �;
<br />—__--=s�,. pumgraph 17, Borrowerx covenunts nnd agreements ahall be jaint und �eveml.Any Borrawer who co•sign� this Security -
<br />- ' -,�� Instlument but does not execute the Note: (u)is co-signing�his Securily Instrument anly to mortguge,grunt and convey thut �
<br />�...�'����I Borrower 4 interest in the Propeny under the terms of Ihis Security Instrument: (b)is not pe�onully oblignted to pay Ihe cums -
<br /> - -.;,,F•.��
<br /> - �.,�.,� secured by this Securiry Instcument:und(c)ugrees�hat Lender and any ather BoROwer m•ry agree ro exiend,modify, orbear
<br />""���.�.�..:�'�'c�i or muke wny uccommadatians with regurd to the terrns of this Security Inguument or the Note wilhout that Borrower'x _
<br /> ���" consen�.
<br /> 13, l.a�n Chary�ea If�he la�n secured by this Security Inx�rument is subject to u Inw which �ts muximum loan
<br /> chnrges.nnd thnt law is finAlly interpreted so�hat the interest or other loun churge+collected or lo be collected in connection
<br /> - with the loun exceed Ihe permitted limitc,then: lu)uny such ioan chatge.hufi ix�c�1u:.ed b}ihc amouat nectssary to r�dtK•P __
<br /> y, ,.;:, the charge to tbe permitted limit:und(b)any xums already collected from Bormwerwh�ch exceeded permitted limitx will be _
<br /> `�'".�`,"�'�'' refunded to Borrower. Lender mny choose to make thi.r•refund by reducing Ihe principul owed under the Nole or by muking u =
<br /> `��� dirert puyment�a Borrower. If u refund reduces principal,the reduction will be Ireated u�a pnrtial prepayment without ony
<br /> :;�.';j prepaymenl churge under the Note.
<br /> ,�t ' 14. Notices. Any notice to Bu�rower provided tor in�his Security Inxtrument shall be given by delivering it or by
<br /> � • '�' mailing it by Fnt cla5s muil unless applicable luw reyuires uze of unother melhod.The notice shull be directed to Ihe Pmpeny
<br /> Address or any other nddress Borrower de�ignut�w by notice to Lender. Any notice to Lender shall be given by fint rluss
<br /> mail to Lender's nddresx.ts�ted hemin or any othrr uddress Lender dexignatex by n�tKe to Borrower. Any notire pmvideJ fbr
<br /> in this Sc.�curity In+irument xhall be deemed ta huv� been given to Borrowcr or Lender when given �.c provided in this
<br /> .; purugroph.
<br /> ��� � � ��n;��, IS. Governinq I.aw: 5everabil(ty. This Securiry Intitcument�hull be gavemeJ by federul luw and the luw of the
<br /> �� jurisdiction in which�he Property is lacuted. In�he event thut uny pmvi�ion or cluu+e of thiti Securiiy Ins�rument or the Note
<br /> �����''�`'� conflic�s wilh� hcuble luw.such conflict shnll not aFfect othrr provisiom of�hi� Securiry Intitn�mrnt or che Nole whirh eun
<br /> aam���.. ... PP�
<br /> ... ; ��,°,;,'.�,�%-;) be given effect without the conflicting provision. To Ihis end �hr pnwixion+of thi� Securiry Ina�rument und Ihe Note ure _
<br /> ' �i, declt�red to be uvcrable.
<br /> ',:�".`�....�,,.;:� _.
<br /> �`f 16. Borrower's Copy. Borrower tihull ix given on�coni'omi�d mpy ot'the NWC:uid of this Securiry Imwment.
<br /> ��,�;-,�ps,;�r, a, 17. 71�ans[er oP the Property or a Beneficial Interesl fn&irrower. If uU u�uny p:�rt of th�Pn�x:rty or uny interest in -
<br /> ;;aE•i;`_<„'`A��� it is �old or trunsfemed lor if u beneFiriul ioterc.� in Borrowcr i. u�ld or�run+k�ed und Burmwer i.not u nawr�l person)
<br /> --,�-�_.-. .,. , . ; without Lender:prior wrinen con+ent,LenJe�m•ry.:u ih optiun,myuirc immeJiale payment in fuU of all sums.ecuR•d by
<br /> r a� ` �' this Securily Instrument. However,this optiun.hull nax t+e crrrci�c�i by l.cnJcr it'exercik is prnhibited by Yederrl luw us of
<br /> _ '�':-'?�',: Ihe cWte of thix Securiry b�trument.
<br /> � ' ' If Len�er exenise+thi�aption,Lender shull givc Borrower n�xi�e of acrclrration. 71k nutire�hall provide a perial of -
<br /> nd Iess than 3a dnys from 1hc dat�the notice i,deli�en�d ix mailed a i�hin��hich Borru���r mu.t pay all+um.�ecu�eJ by thi+
<br /> �;�•:�n �• 1�• Securiry Instrument. lf Bormwer fail.tu pay thr.e �um+ prior tu Iha expiratiun ot'�hi,Exriud. Lender muy imoke uny
<br /> ';� " '• '� rcmedies permiticd hy thi.S�tiurity Instrument w�ilh�wt furlher mNire��r demund on Bum���rr.
<br /> �,� ;�•t, IS. fbrrowe�'s RiRht tu Reinstate. !f Born�Wrr me�l.crh�in runduK�rn. R��rn���rr >halt h:rve �hr ri�.ht tu h•rve
<br /> _;�..� '" %if,', enforcement of Ihis Security In�lrument di.r�►ntinuc�l at uny timc priur tu thr�arlier uf: Ial 5 d�y, �ur wch uthrr�xri�xl u, -
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