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<br /> ___ cnndemnntinn nr other taking af any part of 1he Property,or far canvcyanco in Neu af candcm�atiwt,wo heroby rwi�{twd wnl
<br /> .;';;���,.,�! ch�ll be paid to Lender. �-
<br /> `�� r. In the event of u total tuking of tho Pruperty. Ihc pmcceds shall he upplicJ lo thc ruinx r�cumd hy Ihl� Sktiurily
<br /> `'�•`� Instrument,wheth:r or not then due, wf�h any exccvti puld to Bcirmwcr. In �ttc event�d'u punlul �uki��g uf Uir IR��„y In
<br /> '��" � � which the fnir markat value of the Pr�perty immediatcly heforc thc u�kfng ix cyw+l tu ur greu�er ihun Ihe nm�wm uf"Ilw�um�
<br /> ��'� �V'�` ` ��,_",'.�, s�cured by thia Secudty Inatrumem immcJimely Nef�rc the laking,unlev�Hcirn�wer un.l I.codcr nthcrwlM�u�rca In wdlinp,
<br /> the sums gecured by thia Security Instrument shull I�e reduc�xl hy t0ic uniuunt of dic �+r�KCCda multiplicd b}��hc fuUnwln�; --- -
<br /> - , frnction: (a)the toW amount of'tho sumx xecurcd immediAtcly heforc�he tuking,vivided by Ib)Ihe fufr murKCl VYIW 01�Illtl
<br /> Prnperty immediately befare the taking. Any bulance xhull bc paid �o prnrowcr. In thc evcnt of'u paniul�wklng oC �Iw
<br /> _:� — E'raperty in�vhlch the fair marlcet v�lur nf ihe PmPrrty immcdiuuly befum thc tukinu iK le�.r�hun Ihc untuunt uf�I�c�u�n� �
<br /> —�-� � secured immediately b e fare t he t u k ing,un lssr Bortower und L.cnder nthcrwir,c u grcc in wrUfug or unlcxx u{�Ifcublo Iww
<br /> ==� ,�,�`'w�� otherwise providea,the proceeds shull be upplied ro�he xuma�ecured by thix Security In�uumem whethc�or n�N the wwnr wro
<br /> - - --==�>� ��. '; then duc.
<br />-�'�'f��'=�'� If the Praperty is Abandoned by Bomnwcr.ar if, afler noticc by Lcndcr to Burruwrr Il�ut Ihe c��nJemnor utl'cr�t��mukr -
<br /> - _ �-��, r�+� an award ar settle u claim for demagew,Borrower fullx�a rcxpx�d tu Lendcr wilhln 3�1 duyx alier thv dutc Ihc nulku iw given,
<br /> '�'°"��"�i Lender is authorizecl to collect und npply the praceedx,ot itx option, eUhur tu rcstoruliun or repuir uf�he IM�pctiy ur w�iw
<br />�. µ�-�+ ; sums secut�ed by this Security lr.strument,whether cx not then duc.
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<br /> ����,o,,.�. � ' Unlcss Lender nnd Borro�ver otherwise n�rec i�writing,uny appllcatiun of pnxccdx to principul nhu 1 nat cx�c �K
<br /> � ��' �' postpone the due date of the manthly puymems referted ta in pur�Yrophx 1 ond 2 c�cbunge�hc umuunt uf huch payment.r,
<br /> "�''��� � 11. Borrower Not Releasedt �orbeprAnce By Lender Not a WAiver. Exlcnr+io� of thc timc fi►r �ymcn� or
<br /> "�'�� � modificntion of nmoni�.ation of Ihe sums,�ecured by thia Securfty InstNmcnt g�unled by Lendcr to uny�urcesxur in imerrht
<br /> • i�11'�':-•`. '� ' °"'* af Borrowcr shall not operate to releure the IiubHi�y uf thc orfginul Bnrrowcr iw BimowcrK yucccrsur�in imcrer�. I.rndcr -
<br />_ . .�` � `"r�:" � shall nat 6e requi�d to commence praceeJings ogain4t any nuccc�sor in fntcrc�t or refu+c to cxlend timc for puyment or
<br /> ;' ,� � • ' i otherwir,e modify nmartixation of the sums,ecured by thi,Security In�lrumcnt by rcuson i►f uny Jcmund mudc by�hc orfginal
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<br /> ' ' " ' Borrower or Borrowcr's Ruccessorn in interes�. Any forbcurunre by Lcndcr in excni»ing uny righl or remeJy xhall ncit�x u
<br /> _ �•'i'�'�� � ' waiver of or preclude the er.ercise of uny right or remedy.
<br /> ' � ;� <:�:�,;� 12. Successors�nd Assl�ns Bound;Joint aad Severul L.iubllilyi �u-RIB��• Th<«►vcnumx und ugrcementti of Ihin
<br /> Security Inxwment shall bind and benefit the�ucce�son und uxsign�uf Lender und Born►wer,xubJecl�o Ihe pruvizionti uf
<br />�•� �;��!�' �. ' I pnrograph 17. Barcowerg covennnts und ugreementti xhall be j�im anJ xcv�rul.Aoy Sorrower who ca-,igns Ihix Sccu�ity
<br /> ;�:�'{���T?'., '' Instrument but doea not execute the Note: lul is cn•signfng�his Securfiy Inxlrumern only tu mi�nguge.gront und convey thut
<br /> - , �;��-:: ,�•i t ;',a_ �, Borrower�interes�in the PropeRy unde�the�ermK of thiz Security InstNment; Ibl i�not pcnonully obliuuted to puy�he xumx
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<br /> `i;.. secured by this Security Ina�rument;und(c)ugreer�hut Lender und uny other B�xrower muy ugrcc 10 rxtcnJ,m�xlify,fortxi►r
<br />-�.,,;:�. ` � , . � I or make uny uccommcxlationa �vith r+egurd to �hc terms of�hi�5ecurity In��n�mem or�he Notc without �hut Burn�wer�
<br /> -_ _, ;-ew�ti;�,4--, �,� vunsent.
<br /> y � 13. Loan Ch�rR�.w. If thc loun sccured by this Securiry Instrument i.subJect �o u li►w which .etr muximum loun
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<br /> ��', ; charges,i+nd thut Inw iti finully interpreted xo thut the interest or eHher luun churgeti collecuJ ur w Ix�rullccled in connection
<br /> • . �,� , . • -��!j '� with the loun exceed the permitted limit�,then: lu)uny+uch laun cbu�ge shull lx�reJuced by�he umoun�necex.rury to rcJuce
<br /> ' the churge to the permitted limit;und(b)any sumx alreudy callrcted 1'mm Bc�rn,wer which exceedcJ permitted limi�x will be
<br /> �• - ,� refunded to Borrower. Lender muy choosc�o muke thix refund hy mducing�hc�xincipal owed under�he Nutc or by mukfng o
<br /> � � dfrect pAymenl to Borrower. If u refund reducex principal.�he reduction will lx�reutcd us A puniul prepaymen�wUhout any
<br /> , � ;.,a`.`.• �, . : :" pnepuyment churge under Ihc Nrne.
<br /> e „ "��•� '� �� 14. NoUcea. Any natice to Borrower priwickd fur in�hi.Sccurity Ins�rument xhull lx given by dclivering it or by
<br /> ^ ' `�� mailing it by fi�ct cluss muil unless upplicublc luw nyuircs uxc i�f un��ther methud.Thc nutice shull he directed to the Pmperty
<br /> '�`�"�w°°""� �' � Address or un aher uddrcss Borrowcr dc�ignutex by noticc w Lcndcr. Any notice u►Lcnder shull tx given by fint�las,
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<br /> j� ; .. ' "' moil to Lender's rulJrc,+atutrJ I�erein or any uthrr:Kldress Lender der:ign:etcti Ay ncnice to Bormwrr. Any nntic•e provided for _ _
<br /> f�:- • � • �. A I in this Security Inslrument tihull be decmeJ to huvc txen given tu Bortower��r Lcndcr when given ns provided in thia =
<br /> °� , +..=--,. . .�. :` ;� ' pamgraph.
<br /> ;� _.,. . " 13. Governing Law; Severabilily. 'This Scrurily Irolniment tihull tx�tovcrneJ by fc�krul luw und Ihe Inw �►f �he
<br /> ' • �;;Y , ., ,� jurisdiction in which the Propeny i.lucuted. In Ihe event that�►ny pr��vi.ion ur cluu�e��f�hi.Security Imtrument��r the Notr
<br /> � =•�� r conflicts with u �cablc luw.such conflirt tihtdl not:d�frrt olhcr pmvi�ioit+uf Ihi� Security Ins�rumcnt ur�hr Notr which run
<br /> � ���'�� ' be given effectPwithout Ihe confliclin€prmision. To Ihix cnd the�rovisfnns of this Securiry In.trument unJ the Nate ure
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<br /> • ' fw" dcclured to bc xevcrublc.
<br /> :a�t�+�%�_ � � - l6. Borrower's Copy. Borrowrr.hall Ix�give�i�me cunli►rni�d cupy�U'Ihe Notr and�►f�hi,Security In.trument.
<br /> �� '' • 17. 11�ansfer of thc Property or a Heneficiul Intcrcxt in Horrower. I f all�►r uny purl uf Uic Propeny ar uny intrrest in =
<br /> '�.M ,. ' it is sold or trunsfcrred lor if u beneticiul interc�t in Borcou�cr is u�ld ur tr.antil'crnJ und Born�wcr ix nut a nuturul per�on)
<br /> . -- •�,,�,..:�, without Lender's priur written c�msent,Lenckr muy. at iis option,r�e�uirc immeJiule puymen� in fuU af ull sum�+rcuRd by �,
<br /> � � �, this Sewriry Instrwm:nt. Huwevcr,this option shall not b�rxcnhcd by Lender it'cxrrc��r ix prohibitcd by f'eJerul luw us uf
<br /> the date of this Security Instrument. —
<br /> ��� � � If Lender exerciscs thix optiun.Lcndcr.hull givc Borrowcr nut icc��f urrcicratinn. Thr noiirr.hull pr�wlde u�ri�xi ot' �,�,:_
<br /> ."'.°` . • .' `� i nut le�s Ihun 30 duyx from the dute Ihc notice iti drlivcrcJ ur muileJ wi�hin which 13urrawrr mua pay afl.wn,secuRd by thi.
<br /> ., . Sccurity Instrument. If Horrowrr I'uih tu pay the+e tium� �xi�ir i�i �h� .xrirsilii�n uf this periixl, l.�nckr muy invoke nny
<br /> � � ; I remedic�pern�itted by thi�Sccurity In,trumen�withuut(unhcr noticr��rdcmunJ nn l3urcuwer. --
<br /> t ,. - � 18. I�orrower's Ri�ht to Reingtutc. If Borrowrr mrcl� cerhiin cundfliu�n, liurruwit �hidl huvc thr ri�ht to huvr
<br /> � ; � .,-,
<br /> � ' enforcemen�of this Security Instrumcm di+ron�inuccl,u:ui}•iimr priar tu d�r r�irl irr ul': I:u S d:�y.I��r,urh othcr�un�xl a+ �_
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