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<br /> condem�utian ar ather taking oP uny purl ot'�he 1'ropehy,or for conveyunce in lieu of condemnation,am hcreMy uxsfQned and
<br /> shull bc puid�o Lendcr.
<br /> .: ;�;;; , . In the event of u total tuking of'the Pivperty, the procceds shull t�e appllcd ro the �umw Mrumd by thi� S��:udty
<br /> : ,,,;�,,,, ,,�:. Inx�rument,whethcr or not Ihen duc, wilh uny excess puid to Borrower. In �hc cvcnt of u purtiid luking uf Uic Pr���ny in
<br /> - which�hc Puir market value of�hc Property immedia�ciy befor�c the Inking ix equul�a or grcu�rr thun�he nmcwnt of�he r�umx
<br /> • � recurcd by�his Securiry Inxtrumcot immediately hcfare thc tuking,unless Bortuwer und L.cndcr u�hcrwiu uqrcc in writinu, �
<br /> �he sumx�cured by thix Security Inxuumem shall be reduced by the amnunt�f ths prcxeedx multiplieJ by thc followlnB
<br /> , f�uc�fon: (u)the t�tul umount of the�umx secumd immediutely Nefore�he tuking,divided by(hl the f'uir murket volae af�he
<br /> , .�• Praperty immcdiutely beforc thc tnking. Any bul��nce ahnll be puid to Borrower. In the evem of u p•rnial�aking af thc
<br /> Prapeny in which the fuir murket value of Ihe Propeny immediately bePore the tuking i� ksz Ihun 1hc umoum cif�tee.rums
<br /> �'��:+�'��=.�""° stecured immedintely befure the �uking, unless Borrower und Lender aherwisr ugree in writing ur unlesx uppHcuhlc luw
<br /> _ � ;
<br /> r�� ;:���±�M!L+ othenvise providex,the proceeds shull lx npplied�o the+ums secured by�his Securily Instrument whether or ncN the Aums ore
<br /> —�;'��`C:.�i thea due. a_
<br /> �'° �'� " If�he Propeny is ubandoned by Borrower,or if,after notice by Lender ta Borrower thut the cnnJemnor affen ta mnkr
<br /> ,s.��::o:�� ''
<br /> '��^°°~"`��• � un uwsud or setNe u cluim for dumugex,Borcowcr Fuils to respond to Lender wi�hin 3U duys ufter the dute thc no[ire is given.
<br /> „�"'`�"•• � Lender is nuthorized to callect und apply the proceeds,n� its option,either to msrorution or repnir of the Property o�lo the
<br /> . '�''';�;,;.x;��•`.� ' sumx secured by this Security Inst�ument,whether ur not then due.
<br /> —�'�'�''� _-" Unless I.ender and Borrower othenvise ngree in writing,nny applicatiun of proceeds to principul xhall not extend or
<br /> �:� "'�� r�iK s� ne the due dute of the monthl u ments referred to in �uu rn hs I and 2 or chun e the nmount af such u rnenlK.
<br /> — � P� I� Y P Y P 8 P � P Y
<br /> �,, _ ' .� 11, Borrower NM Released; RorbearAnce By l.ender Not a WAiver. Extension of �he timc for payment or —
<br />-- ° -- .-- - modlfication of umortizutian of the sums secured by this Security Instrument gr.�n�ed by Lender to any successor in imerest �
<br /> �-�- ° ' �T�,� of Born►wcr shull not opemte to relense the liubility of the originol Borrower or Borrowcr� ,ucces,orv in imerest, Lender
<br /> ,;�,� . ahall not be reyuired to cammence praceedinFs uguinsl uny successor in interes�t or refuse to extend time for pnyment or
<br /> _ • .�'_;,;_;__: ._� . othervvise modify nrnonizution of the sums secured by this Security Instn�ment by reason of uny demund mude by the oriFinal ,_ _
<br /> "::�.., �•�;,.• Botrower or Sarrower is+uccessars in interest. Any fo�beurance by Lender in exercixing i+ny right or remedy shall not be a —
<br /> " • , s,• waiver of or preclude the exercise of uny right or remedy.
<br /> �� • � �- 12. Successors and A4slgns Bound;Joint and Several Liability;Co-slgners. The covenunts And ugreeinents of this --�
<br /> - ' Security Inalrument shull Mnd und benefit�he successors und ussigns of Lender �nd Borrower,subjecl la the provisions of
<br />� �' ., . . �x parngr�ph 17. Borrower�covenan�s and ugreements shol! be joint und several. Any Borrower who co-xigns this 5ecurity
<br /> .. Instniment but dces not execute the Nate: (u)is co-signing thi+Security Inxtrumenl only to mart�uge,grunt und convey Ihat -
<br /> � Borrower's interctit in the 1'roperty under the terms nf this Security Inatrument; (b)is not penonully abliguted to pny�he sums —__
<br /> . � � .. secured by this Security Instrumenr,und(c)agrees thut Lender und uny o�her Borrower muy u�ree to extend,modlfy,forbear --
<br />--- �,;,,��,;,,.,:', _,,�,,,, or mAke any uccammodations wi�h regard to the terms of this Security Instrument or �he Note without Ihat Borrower g
<br /> _ - - ` consent.
<br /> ' • 13. Loun Charges. If 1he loun secured by thix Securiry Imtrument ix subject �a u luw which xets muximurn loan =___
<br /> ' ° churges,And that luw is finully interpreted so�hut�he intere.t or other loun churges collected or to Ix collected in con�xction
<br /> �. - with the loun exceed�he penniued limits,then: lii)any xuch loan charge shull br�reduced by the nmount necesxury to reduce =-
<br /> "' • �� • - „ the charge to�he permitted limir und(b►uny sums nlreudy colkcted from Bonower which exceeded permitted limitx will be;
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