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<br /> c�+nciemnullun or�Nher takin�ot'nny part of Iho Propetty,or tix canveyance in Neu of conJemnntion.ure hereby uawigncd iu�d
<br /> -=---- si�lt hc paid to l.ender.
<br /> �,,, In �he event af a �otal takMg nf the i'roprny, �he pr�xeedx �hull he �pplied tc► �he sum.r �►ecured by �his Security
<br /> In�lrumenl,whelher�x nut Ihen due,wilh uny cxcex.r puid w Burrower. In the event of u punial tuking of Ihe Pru�r_„y in
<br /> •���" vrhlch Iho ioir murket vuluc at'�he Propeny immedfa�ely bef'orc the tukin� is equal to or greuter ihun thc umount of�he sums
<br /> � s.xured by thiK Security Inxtrum�nt immedintely b�:fore lhc tuking, unleyx Borruwer unJ l.ender othcrwlu�ugrcc in w�iting,
<br /> the s�umx secured by Ihis S4�cudly Instrument shall be redured by the amuunt af the praceeAx multiplied by�he following
<br /> :k f'ract ion: (u)the totul amoun�of the sumw�ecured immediutely t+efore ihe tuking,divided by(b)�he fufr murket value af the
<br /> Property immediately tx�fore thc tuking. Any buluncc rhall be puid to Borrower. In the event of a p�miul tuking of the
<br /> Propeny in whkh Iho fuir mnrret vuluc af the Propcny immcdis�tcly before the tuking is Ics� thun thc umount of�he xum.r
<br /> � �'�"��� �:ecured immediutely before the lukin�, unlers 8orcower und L.endcr atherwi�e agree in wdting ur unlevs upplicu6lc luw
<br /> �---:.��'.� otherwise providex,the proceedr xhall be upplied ro the�ums xecured by this Security lntitrument whether�r not the sums ure
<br /> _ —'�"�?��: then due.
<br /> _� P ��'� If thc Propchy Is ubs�ndaned by Borrawe�,or if,ufter no�ice by Lender to Barrowe�thut the condemnor affen to mAke
<br /> —_ -- — sn awsrc!or arnle u cleim fnr dems�gP.,Rnrrnw��r Pnilv rn resFx►mi to Lender v�ithi►i�il dAy1 afler Ihe du�e thc notice is given,
<br /> _ --=-=1?� Lender is authorized to collect and upply ihe procecds,ut its optian,either�o msroratian or�epair af the Propeny ar to the
<br /> ��' :,,,,, , sums xecured by this Security Instrumanl,whether or not then due.
<br /> �"`` ^�'� Unless Lender und BoRawer ahervvise agree in w�l�ing.uny upplicudon of pn�ceeds ta principul shull not extend or
<br /> 7'�'r � na ihe due dute af the munthl a ments referred to in urs► m hs 1 and 2 or chan e the umount of tiuch u mcnts.
<br /> pw pu Y P Y P 8 P B P Y
<br /> --°�-:�,.��- 11. Borrower Not Released; ForbeArAnce By Lender Not a WAlver. Extension ot the �ime for payment or
<br /> ° "'�"'`�''`�-�'= modificutian of umonization af�he sums secured by this Secudty Instrument gr�mted by l.encler lo any�uccevxor m interetit -
<br /> _ ,� ;, '�,i�„rd.`':.�e?�:,: ;�„'�+1t::
<br /> - ,_,, of Borrower shnll nat ope�u�e to reku.+e the liubility of the originul Borrower or Borrawer�succetisars in interest. Lender
<br /> ��»��:���*• 4ho11 not be required ro cornmence praceedings aguinst any succo�sar in interest or refuse to extend time for payment or
<br /> � . • ..' ' ', • otherwise modify nmonizution of the tiumx secured by this Security Ins�rument by rcasan af uny demunJ mude by the ariginul _
<br />--_ Bort-ower ar eorcower K�ucceswrv in imerev�. Any forbearance by I.ender in exercising uny right o�remedy shull not be a
<br /> -"=� , �.,...�...�.,�..n;.... u•alvc+•at ar pr.ludc thc c;:.rci.;c c,t'any right ar rcmcdy. -
<br /> t. !2. Successors Aod Assigns Bound;Jolnt and Severul l.iability;Casigners. The covenants und ugreementx oP this
<br /> �. ., '•.°�.'c� � � ' Secudty Instrument shull bind and benefit the wucce�sors und ussigns oP l.ender and Bortnwer,subject to the provixions uf
<br /> � N pamgmph 17. Borrower� cavenants and ugreement�shall he jaint und severul. AnY Borcower who co-�igns this Security
<br /> ,,. �" . „ - Instrument but daes not execute the Note: (al is co-signing this Securily Inslrument only lo monguge,grunt und conv�y tha�
<br /> Borrower�incerest in the Pro�:ny under the terms af this Securi[y In,trument; (b)is not perwnAlly oblignted to pay the sums
<br /> � ' "� secuned by this Security Instrument;anJ(r)ogreex thut Lender und uny other Borrower muy ugree to ex�end,malify,forbenr
<br /> __ `��,ti.�,-,,,, or make uny uccommadulians with regurd to the term�of Ihis Security In�lrument ar the Nae wilhout thut Borrowerss
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<br /> ,, e 13. I.own Clu�ry�eR. If the loun securcd by thix Scrurity Inxtrument is subject to u luw which sets maximum loan
<br /> ° _ chorges,und thut luw is�nully interpreted�o thut the interest or other loun chs�rges collected ar to tx:collecteJ in connection
<br /> • ^ , wNh 1he loun exreed�he permil�ed limi�s,then: (a)uny such laan churge�h,►li be reduced by thr umount necessury to reduce
<br /> . .. the churge tn the permi��ed limil:und(b1 uny sum�ulmudy collerted from Burrower which caceeded pennitted limiis will be
<br /> � refunded to Borrower. Lender muy ch��otie to muke this rcfund by ieducing thc:prinripul owed under the Note or by muking u
<br />' o � �"`' ' dire��puyment to Bonower. If u refund reduce�principal,thc reduc�ion will be treuted us a puniul prepuyment without nny
<br /> :." •• � " prepuymem churge under the Nae.
<br />' . , l4. Notkes. Any notice to patrowrr pruvided for in �hiy Security Inxlrument shull be gieen by delivering it or by
<br /> 1 , � - :.� moil ing it by first class mail unk.rs applicublc luw rryuirr.uxe of unrnher me�hcxl.The noticc tihull bc directed to the Piroperty
<br /> � „ ..•..x. Addrezz or uny other uddrc�s Barrower de+ignates by noticr u►Lcnder. Any notirr to Lcnder,hull be given by fint cluss
<br /> � � • •� mnil ta Lender4 uddress stutcd herein or uny other uddresx l endrr drsi�nutc+by notice to Bcxrower. Any notice provided for
<br /> �Iy� ^. � • in ihix Security Ins�rument tihull Im decmed 10 huvc lxen given to Horruwcr ar Lender when�iven ux provided in this
<br /> •h .. - puragraph.
<br /> j- . � I5. Governin� l.aw; Sererability. This Sccurity Instrununt +hall ber govrmed by fcderul luw und the luw of the
<br /> f� " �� . jurisdiction in which thr Proprny iti I�xuted. In thr cvent�hut uny provixiun ur cluu,c uf�hi.Sccuriry Instrurnent or�he Note
<br />� ,�, �a,,, canflicts with upplicuble law,sa:h ccxitlict shall not aff'ec�olhrr pr��visiunx uf thi+Securily Instrumrnt or the Note which can _
<br />� : - ` " �-� be Fiven effect withcwt thc con0ictin�;provi�ion. To this cnd the provisiixiti af this Security lntitrument und the Note ure
<br /> . declsucd to br sevcrublc.
<br /> . � �... 16. Borraver's Copy. Borrowrr�hull t►c given une cimtiimi�d rupy of tl�Note and uf thi.Sccurity Imtrument.
<br /> ' 17. 'I1�ansPer of the Property or u Reneticiul lnterest in Borrower. If•rll or any pan at'the Propccty or uny interest in _
<br />� � it iti sold or trunxteRed I��r iF a brneficial imcrest in Bom�wer is sulJ or tr•r��.frrrrd and Barcowrr is not u natural personl
<br /> "'~ � ,,, ° wiihout LenJcr'x prior writtcn conticnt,Lcnder m•ry,ut i�.aptiun,rryuire immeJiutc puymem in full of ull sum+ u�:urrd by
<br /> , . ��"�' ••� � thi+ Security In,trumrnt. Huwever,lhi,optiim shull not tx�rxerciuJ by Lender it'rxerci.e i+prohibited by f¢derafl luw us of
<br /> •• thedute of�hix Security Ins�rument.
<br /> ,•�� �A': � If Lcnder cxcrcisea this option,Lrndcr zhull give Borruwcr notire ot'arrelrrulion. Thc nuticr �hull pruvidr a period of
<br /> � •'"�'• � ,. na trss tBun illduys fnHn thc Jatr thc noticr i�drlivcrrd ar nmilcd�vithin whirh Burc��wrr mu.t p:ry all.um.,ecurcd by thi+
<br /> � ' , �, Securily Instrumrnl. If Borrowrr fail�tu pay 1hr.c �wm pri��r tu Ihe expirution of thi� pericKl, �endrr muy invol:e uny
<br /> �� ° remedies pennilted by this Security Instrumrn�withuut furthrr u��tirr i�r drmanJ on Buiru«��r.
<br /> ' 4 18. Burrower's Ri�ht to Reinstute. It' Barruwer nmeb rrn•rin condilion.. Burru«rr .hall have Ihr right tu huve .
<br /> enforcement oi'�hi.Securiry Inx�rument di.runtinurd at any timr pri��r 1�►thr rarlirr of: (al S da���lor�uch other pr.rial u� -
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