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+;a '�T ."'�►r �.� 'i„ ---°- - <br /> � . •� � 4,� �.i • .S-�:.-_��.:�,:�- <br /> ° , � . . �� ��1� .•.i . ... ..v.--= -°--.=_rt1G--:_�;�_. <br /> "Y .. NY' <br /> .. •. <br /> y,� <br /> . 92- 105939 <br /> condemnation a other takin�of any�wrt of the P�+opeAy,or for canvoyance in Ilcu of conde�matian,ruo hereby aswi�ned and <br /> �11 bo paid to Lender. <br /> !n it�c event of a total taking af the PropeAy. thc pro►xeda rhal) bc ePPlicd !o the .r•umx securcd hy Ihfs Security <br /> Inauumcnt,whelher or not then due.with any exccss pofd lo Borrower. In the evcrt of a panial ialcing of�he Prapeny in <br /> - which the feir maricet value of the Property immodiwtely beforc tl�t�kiog ia equul to or grcuter thnn the amount of�he sumx <br /> sxwed by lhis Security Inswment immediately bcforc the takiag.unless Borrower and Lcnder otherwiz,c agree fn writing, _ <br /> �he sums socured by this Securlty Insuumem ahall be reduced by the wncwnt of the proceedx muUiplied by the following <br /> • _ a�� �_---�° frnc�inn: (a)the totel amount of the sumx cecured immediately befarc the takUig,divided by(bl the fair msuket value of the �_ <br /> � Property immedfately beforc ihe telcing. A�y balance chnli be puld Io Borrower. In�he event oF u partiul tnking of thc <br /> Propeny in which the fair market vuluc of the Poaperty immediately before�he tuking ia less�hon the umount of�he sumx <br /> secwed immedietely before �hc taking. unless Bomawer and l.endcr aherwlse agrec in writing or unlega applicable IAw <br /> atherwise provides.the praceeds shall be applied to the sums aecured by�his Secu�iry Inawment whether ar not tl�c cums are <br /> — � then duc. <br /> - I If the Property is abandoned by Borrower,or iF.after notice by Lender ta Borrower Ihnt lhe condemnor offcrs to makc <br /> - ------- nn award or seale a cleim fordemages,Hon'ower fuils to respand to Lender within 30 days nfter tha dete�he noticc ir given, <br /> Lender is authoriud co collect and npply 1he proceeds,et its opUon,either to rcxtorution or repuir of the Propeny ar to the <br /> cums secured by this Security lnsaumen�whe�her ur not then due. <br /> Unless L.ender und Bortower dherwise agree in writing.uny application of proceeds to principal sht►II not extend or <br /> i postpone the due dnte of ihe monthly payments referted to in paragrnphs 1 und 2 or change the amount of such payments. <br /> _ 11. Borrower Not Releasedi Forbearance By I.ender Not a Waiver. Extension of �he time for payment or <br /> madification of amortizetion of the sums secured by thia Security lnstrument grnnted by Lender to any succeswr in lnterest <br /> of Borrowcr shell not operate to rclease Ihe liabiliry of�hc orlginal Borrower or Bormwer's successor4 in interest. L.ender <br /> -=-- - - shall not be requiral w wmmence proceedings against any successor in interest or refuse to exrend time for puyment or _ <br /> -- otherwise modify pmortization of the sums secured by this Securiry instrument by reacon of nny demand made by the original <br /> - - Barrawer or Bomower�s successors in intetest. Any forbearance by Lender in exercising any right or remedy shall not be u <br /> �T": wsuver of ar preelude the exercise of pny right or remedy. <br /> ---������` 12. Succeasor�And Assi�ne Bound;Joint and Several LWbilityi Casigners. The covenAnl�And agreements of this <br /> ;�r: Security Inr,irument shall bind and benefi�the successora nnd assigns of Lender and Borrower,subject to the pmvisions of <br /> - paragraph l7. Bormwer's covenants ond agreements shall be joint ated revernl. Any Borrower who co-signs this Security <br /> --V��,�z� Instrument but does not oxecute the Note: (a)is co-sigoing lhis Security Insuument only to mortgnge,grant and convey that <br /> ,'�*�1°"�"'-""�"°"�� Borrower's interest in the Pr+nNerty under the terms of this Security Instrumenr. (b)is not personally obliguted to puy ihe�ums <br /> ""=-'-- secured by this Security Instrument;and(c)agrees Ihat Lender s►nd any other Borrower mny ngree to extend,modify,forbeur <br /> - or make any accommodetions with regard to�Fie terms of this Securiry Inspument or the Note without that Borrower's <br /> _..$.,,�� conscnt. <br /> - = 13. LoAn Ciwrges. If the loan secured by�his Security Ingtniment is subject to a law which sets mnximum Ioan <br /> _.a�,' , eharges.and that!Aw is finally interpreted so that the�meres�or other foan charges coiiected or to be coliected i�cannec[ion <br /> � � with the loan eaceed Ihe permitted limits,then: (u)aoy cuch loan cBorge shnll be reduced by the amount necessary to reduce _ <br /> �.'��* � '� the churge to the permined limit;und(b)any sums nlready collected from Borrower which exceeded permitted Ilmits will be _ <br />`;sS;�;��• . refunded to Borrower. Lender moy choose to muke this refund by reducing the principal owed under the Note or by malcing u <br />-�-�°' "`" direct payment to Borrower. If u refund reduces principal,the reduction will be treated aa a partial prepayment wilhout nny <br /> - , prepayment charge under the Note. <br /> - 14. Notices. Any notice �o Borrower provided far in this Security Instrument shall be given by delivering it or by <br /> - mailing it by first clnss mnil unlesx applicable law requires use of unother method.The notice shall be direc[ed to the P�npeny <br /> .�y,: , h y ;��g+ Address or any other address Borrower desigaa�es by notice to Lender. Any notice to Lender shall be given by fint class <br /> = mail to Lender's uddress stuted herein or any othcr uddress Lender designutes by notice�o Borrower. Any notire provided for <br /> '"- � in this Security Instrument shall be deemed �o huve been given to Borrower or Lender when given us pmvided in this <br /> >: ' � <br /> - „�..,_, P�B��, <br /> ��%. � 'zj '+ � • ;;.� 1S. Governing Law; Severobility. This Security Instrument shall be Ruvemed by federal law nnd thc Inw of �he <br />;:-" �� jurisdiction In which the Piroperty is located. In Ihe event that�ny provigian or clAUSe of this Security Inslrument or the Note <br /> �+ conflicts with applicable law,such contlict shull not affect other provisionw of thi,Security In�trument or Ihe Note which cun <br />"' '}��'�• � be given eti'ect without Ihe rnnflicting provisian. 'Ib this end �he proviaions oi this Security Instrument and the Nate �ue <br /> :��:`�'}. . � . ; declured to be scvernble. <br /> - � �-���' 16. Borrower's Copv Borrower shall be given one conformed copy of the Note und of this Security Instrument. <br />- ;� '' � ` 17. 'I�nsl'er oP the Property or a Beneficial lnterest in Borrower. If ull or uny paR of�ht Propeny or uny interest in <br />