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<br /> - - � i c�ndemnwion or ather takin�of any psut af the Proporty,or for conveyoncc in lieu of condemnation,we hercby�ri�ned�ncl
<br /> ':rt -- — Rhall he poiclln i.�ndsr. _
<br /> In the event uf u total tuking of Ihe PrapeAy. thc procceds xhnll b�upplied to the sums securcd by this Secudty
<br /> InAtrumcnt. whcthcr or nrn then due,wNh any exccss puid to Sorrawer. lo the event oi n panlul �aking of the Property in
<br /> ;.;
<br /> which tha fair murke�vuiuc of ihe Property immediatcly beforc thc tuking is equul to or gr:uter thun thc anount of thc sums
<br /> = �• ' secured by Ihirc Secudly Instrument immediately before the tuking,unle5x Borrower nnd l.ender olherwlu ogree in writing.
<br /> -=' -- - - _- _�_ _
<br /> �,i the xuma r,ecurcd by this Secunty InstNmen� ++hull be rrJuced by the umount uf�ha pr�ccJn o�ultipUed by the following �
<br /> frnc�ian: lu)Ihe totnl amount of thc huma sc.•cumd Immediutely beforc thc taking,divided by(b)the foir murket value of�hc
<br /> �;�"'�'� PrapcRy immediately before thc aking. Any bulance shull be puid to BuRUwer. In �he event of u psutiul taking of the
<br /> ('roperty in which thc fuir mtuket value of�he Property immadiaicly beforc the�uking ix less thun the c�maunt of the suma
<br /> secured imrncdia�ely before the taking,unless Borrower und Lender aherwi,e ugree in writing ar unless applicnble law
<br /> _--��-== otherwi:ae provides.�he praceeds shall be upPlfed to�he eum�excured by ihia Securl�y Instrument whether or not the sums are
<br /> _� —��� then due.
<br /> ��; ' If the Pn�peAy ix ubandoncd by Barower,ar if.uflcr notice by Lender t�BoROwer thut thc condcmnor offern to make
<br /> un uward or settic a claim for dwnageti,Borrawer fafls to respond ta Lender within:i0 days ufler the da�e thc noticc is given,
<br /> -•.-���"7� Lender is authorized to collecl and upply the praceeds,at its op�fon.either to reslorution or repair of�he Propeny or ro the
<br /> ���=��� Rums secured by this Security Instrument,whether or not then due.
<br /> �'������� Unles�Lender and Borrower othenvitie ugree in writing, uny upplication of proceeds to pcincipal ahall not extend or
<br /> —� � '' '� postpone the due date of the rnonthly pnymentti referred to in psvugruphh 1 und 2 or change�he am�unt of 4uch payments.
<br /> _ --- -- -n-,.�� 11. Borrower Not Releascd; Forbearance By Lender No! a Waiver. Extension of the tirnc for payment or
<br />_- - - -=_— ° modification of amorti�ation af the sums secured by this Security Instrument grunted by Lender to any vuccessor in inlerest
<br /> ' �y � of Borrower shall not operute lo release�he liubility of the uriginal Borrowcr or Borrower's successors in intcrest. Lender
<br /> �`� ��s�••�•� , ;�v � shull not be�quired to commence praceedings aguins� uny successor in intercst or refuse to exlend lime for pAyment or
<br /> { "' � ' I otherwise madify amortizution of the�ums secured by this Security tmtNment by reason of any demand mude by the original
<br /> _ .- 13orrower ar[iarrowcr's succcssar.;in interest. Any forbearance by Le�xlrr in exercising uny right or remedy shull not be a __
<br /> �'' � .'� " � I waiver of or precludc the exercisc oi uny rigM or remedy.
<br /> " "� 12. Successors And AsslQns&►und;Joint and Several LiabiNty;Casigaers. The covenunts und agreementx of Ihis
<br /> � � '=•��•• i Security Instrument shall bind und benefil the tiuccessors wNl a.y.r•igns of Lender and Borrower,subjeq ta Ihe provlsions of
<br />� �.;�, � ; purugruph 17. eurrower's covenunts�nd ugreemen�s shnll be joint and several. Any Borrower who co-signs this Security
<br /> ���`��`'`' '`' Inslrument but daes not execute the Note: (n) ix ca•signing this Security Instrument only�o mortgage,grant und canvey thnt
<br /> ,;' '; �:;"`: :° Borrower'� intcrest in the Property under the tc�tns of thix Securiry Instrumcnr, (b)is not personully obliguted to puy the sums
<br /> � ��i,..r: " ,:';,,;�� secured by thix Secur�ly Instrument;und(c)agrees ih�t Lender und uny ather Borrower muy ugree t�exlend,madify,forbear
<br /> ���``,f�� or mnke any uccommadations with regard lo the termx af thia Securiry Instrument or the Note wNhout that Barrower's
<br /> _ -,�,,, �-� ::,�,7��,� consent.
<br /> � '.�;�,,,a`,.,,_�;.� 13. Lonn Charges. If thc loun secumd by this Securiry In�trument iti xubjerl ta u luw which ,ets muximum loan __
<br /> :, rhnrges,nnd thut luw iK finully interpreted xo thut the interes�or other Icun chnrges collected or ta be collected in connection
<br /> � � with the loan exceed the permiued limi�x,then: (u)uny such loan char�e sholl be reduced by the s�mount necessury to reduce
<br /> , the churge ta the permitted limir, und (b)uny sumx ulreudy collected fram Borrower wh�ch excceded permiued limit5 will be
<br /> �:� refunded to Borcower. Lender muy rhoosc to rnuke thi.rctund by reducing the principal owed undcr the Note or by making a
<br /> �".�'� , direct puyment to Borrower. I(c+ refund reduceti principul,thc reduciion will 6e treuteJ us a partial prepuyment without ony
<br /> � prepayment chnrge under the Note.
<br /> ' ...• 14. Nodces. Any noticc to Borrower providcd for in this Securny Instrument shall be given by delivering it or by
<br /> '�`,=y_�: .. ,,�_�. mailing it by first claxs muil unletis npplicable luw reyuire+use uf uncHher methai.The notice,hull be din:cted to the Property
<br /> �r,,, , Address or uny other addre.r•s Botrower designutes by notice to Lender. Any notice ro Lender shall be given by firvt cluss
<br /> ' .,;i.' muil to Lender�uddress rtated hercin cx uny othrr aJdreti+Lcnder desiFnutex by noticc to Borrowa:r, Any notice provided for
<br /> : S • in this Sccurity Instrument xh•rll tx JccmeJ ta huvc t►een given to Borrowcr or Lender when given nx provided in Ihis
<br /> ,�-.�=� .. .. paragruph. -
<br /> .. . . lS. (,overninR Luw; tieverabillty. This Security hntrument shull hc govemcd by f'cderul law and the luw of the �..
<br /> �'� :.,,.". ., jurisdiction in which the Properly is Icuuted. In the event that uny provixion ur cluuse of this Security Instrument or the Note
<br /> �'. :.� ' ^ con0icts with iipplirnblr luw,+uch conflict shull na uffect other provi+ions of ihi.Securiry Intilrument or the Note which eun v
<br /> ` �''";'"'. "S- , be givcn effect without �he confliciing pmvision. 7b this enJ �he provisi�ms of'this Security Inx�rument and the Note are __
<br />� • • � J declaredto be sevcrable.
<br /> ° ° �, lb. Borrower's Copy. Bnrrower+hull Ix�iven onr ci�nt��rmcd copy of the Notr und ot'Ihis Security In,trument.
<br /> v • . 17. 7YunsPer oi'the Property or a Beneficial lnteresl in Burruwer. If uU ur�ny pan uf the Piropcny o�any interest in
<br /> ' Sn;, it is suld or Irunsferrcd (or if u lxnetiriul intcrc�t in Bormwcr is xold ar trantiferred and Bortnwer is not u nutural person) -
<br /> �'x, " =•�'-'� ' without Lendcrz prior written conxent.Lendcr may, u�it.optiim,rrquirc immediu�c puyment in 1'ull of ull sums zecured by
<br /> ; �'�`'" • . ° ` this Sccurity Inztrumcnt. Howevcr,lhis option tihall not tm excrcircd by Lcnder if'excrci+e ix prohibitcYl by federnl law us of
<br /> '_ the dnte of this Scruriry Ins�rumem.
<br /> • '�"�+' " If Lender rxerciscs Ihiti uptiun.Lcndc�yhull give Borrowcr noticr of ucrrkriuion. Thr notire shall provide u periad of
<br /> :�er:c'• � �; not Irss thUn�O duyx from thc dutc thc noticc i+delivcred or mailcJ within which Burrowcr mus�pay all.um�.ecurcd hy thi. �
<br /> � '" - 5ccurity Instrumcn�. If Borrower Fuih ta puy the�r xum� priur to the expirvtion of this period, Lcncier muy invokz uny =
<br /> . , rcmediex pcnniucJ by thi+Srrurity In.irument wi�huul I'urtlxr nuticc ur JenwnJ un Bnrn»►•cr. _
<br /> ° , l8. Borrower's RiRht lu Reinstute. If Borruwrr mect.crnain runJition,. Horrnwcr rhall havr �hc right to huve
<br /> . � . ,. ' . enfon:rment of thix Securiry Instrumcnt ditiruminucd :n :�ny timr prior to �hr rarlirr uf: I;U S duys(ar ,uch othcr perial us
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