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Cundemnutlon. 7'he pr+�ceeds ��f iiny a�vnni��r clulm far da+n.�,;uy, d{rcrt ar �v�nscx�aurUic�l, in c�mnectiun with nny <br /> :;.�,„� candcmnntiun ar uther tuking aP cmy pnn��f tho Pa�perly,ar fi►r e��avuyum�in U��u uP�vmd�mnudun,iirc hrrcby assi�{rtad anct <br /> .`°`'•..� :;bnii bc pnid ti�l.cnde�. <br /> '��` , In thc evcnt uf n tatcd tul�inb af tho Piaperty, thc pracceas shnll bc nr�+ifotf tu thn�tuns sc�rtatx!by thiy Sc�urity Innicuntont, <br /> ti , whathu�or not than dun. wlih uny ex.rss paid to 9orrawcr. In tha avcnt af A p��ninl t��l;inA af 11�� !'roperty in whiGh thu fnir <br /> '_ :�•<��. -� market valua of th�;YcY,perly immc�iintrly beforo the taking ix cyuni t�i i�r�t+�atar thnn tl�n iunmm�af tl�o suma sccured by thia <br /> '�£�`;„: Sc:u+:ity In.suun�i�c InvnediatcJy bafom tho taking,unicss Bornuwer and Londt�r nthnnn�3se�t►��mo in weitinB.the au�ne securcd by <br /> :�-�..���:� <br /> . ;,�,.��_..��. this S��rurity In.sui�::t��� sl►:ilt tk; �cltuceJ by �hc umuu�n of thc procccds m�dlipNad b�� llio fnlln�ving frnctIon: (r�) thc tot:�l <br /> ;�,�.a; , amuunl uf the sust�� snat�:ti�:! ii:�.^�..diatcly t+efonc thc tuking, �Jivfded hy+(hl�thr titihinurtcet v�lue uf tho FmRerty immeciiatciX <br /> ���''�'`"� be!'ure the takin�;. [���y t4'g��:r�h�ll Iw p,�i� C��Barta�vex. �I�1he cvrs�t�nf A.pvrtlal�tukin� ui' it►r �}wrty in whlch th�f.1M1P <br /> � � �'��'�. markct vuluc of t9r�Rnpertv lmmediutcl�•3+uf��re ahc tak�ng 3��r,s�thnn th��m>>��nt ot'the sum�securacl immediutely bcfore�1he <br /> , .,..,.,- . <br /> � ,�'.,,,:..:� <br /> •�_ ��_ t:ilcin�.unlesa P„�rnn�vct srcd!I.wnct�r ath�ri�•ise turea in writi�i;��r 4nit�ati�ppliwhlo I;itiv��I�tera•icc��Z�vides.thu procesda shol� <br /> � bo n�C!ied cu trt�:�:°xc�Y�u�•��y lhis Secttrity Inattument wktc��rr o�r a��12he sun�.v uru then duo. <br /> . � j If tl�c Prr,,��► i��tutndurn-�ci b}•B�rm�ve.r.or lf,after nutice by i,En.�1er to Battawor that tho cundomnar offer�ta muke nn <br /> uwnn!nr scttl:n claim for duntoge9, flornn���r fails to respond to l.endo� �vithi�30 duye nfter thu dnto the natico iA glvon. <br /> � �:, l.ender Is autharizesl to collect and apply tho proceeds,ni itr�opdon,eithu�to ceatornti�n ar repnir af thp Property or to tho sume <br /> � �.� tecuird by thia Security lnstrument,�vhcthor ar nut thcn duo. <br /> � Unlesi �.ender niul BoITawer othenviRe ug�ee in writing, any opplicAtion of praccedx to principul shall not extertd ar <br /> , postpone the due dute oP the aianthly payntonta refcmd t�in p.�mgn►phtti I und 2 or chnngo�ho omount of such puymtnta. <br /> -. 11. Bu�rnwer NM Yteteagedt Farbeprnnce By I.ender Nat a Wnlvc�. lixton9i�in�►f thc timc f�r payment or mudifirntian <br /> nf umarti�ntian��P 1he eams eccured by thls Securlry Instrument grnnted by L.enda�tn nny sucres.sar in interest af Borrawcr shnll <br /> - not aperutc to rcicnso Ihe linblltty aP th�urigl�ud Burruwcr ar 8arrowcr's succcss�rs in iatcrest. t.ender shnll nnt bo rcqui�od t�i <br /> cantnun��c pr��ccali��a i�uinst noy suc�es�or in intcrest or rcil�sc t��vxtcnd timv trr p��ymont nr o�hcrwiso modify amortlzation <br /> _ _-_ of the ewns,s�e4irc�cll hy tlU� ��!sl4y !!�!nlst�ss! !�g s�.ess� �F asty slc�ssasx! its�sle �; she �r3glsta! Ssinass�s er &sr�+as�,.--�•� <br /> ; � r�u�.rv�ars in�aterest. Any forbcurance by l.ender in exercising uny right or rcm�dy shnll nat bo u wnivcr af or precludo thp <br /> -- , exerciec oP t�ny rlght nr remedy. <br /> •��� ft. Sua�.wc� And AsslQns Baundt Joint rand Sevcral LlabWtys Caa4.�e,s. Thn envenuntW ntul u�amr.tnc���4s n�'�}fl <br /> • ;�_ _ _ <br /> - Securlty !a�lnunoet stusi! birtd wsd benofit tha euoc�ssors antl assigna of Ler�dor and �3a�owar, eubJu�t tu thu proviAians of <br /> -'`"�' puragraph 17. 8orrowcr's covenanta und ugt+eomantn shnll bo joint nrtd hevu►nl. Any Hon•owr. wha ca•fligna tMs Secudty <br /> �_f�� .. Insttument but ducs nat cx�uta tho Nutct: (u) is cc►�sigoin� •hls Sccurity Intitrumant oniy to martgc�go, grant und canvey thnt <br /> Hottowcr'd internc�a in thu Pmporty undcr thu tarms of thia Sccurlty Inslrument;(b)ia nat per�ouaily ubNbuted to pt►y tha sums <br /> �o. —_ . } secured by this Socur�ty Instrumont;und(c)Agrca9 thnt Lender and any atho�Barrawer mny c�grce ta extond,modify, farbeur or <br /> _ : make uny acoommc�dntians with regard ta tho tern�g af this Security Ins�rument ur tho Note wlthout that Horrower's consent. <br /> � 13. Laau C4su�es.Tf tha loan securcd by thia Secudty Instrumcnt is subfect �u A luw which sets maximum laan churges. <br /> _ ';� und that la�v is �ia�s�ly intorpreted so�hnt tho intorost or ather laan chns�es cnliccted ar ta bo cnllerted in cvnnection�vith U►e, <br /> -_ _ � ,., laun excecd thc�ermi3ted limits.then: (a)c�nv such loan charge shail bv r�ciuced by tho umou�t necessury ta rcduco the chuTg� <br /> ;�y" �, to the permitted ti�t; t�nd(b)any fiums Ah�eady callectcci ftom Bortrawer which excecded permitted limits wUl lx�tefundesi to � <br /> �rrower. l.endvr muy chaos4 to mAka thie retLnd by reducing tho principui awod undcr ��v Nato ar by making A dinect <br /> ,;;; payment to Borrowor. If u refund re�uces prh�cipnl, tho reduction wiil bo treated us a'}xusaaG ,grcpayment withaut un�; <br /> ="_ � ' , prcpAyrnent churgo undor thn N�to. <br /> - • . lA.Nollc�.Any notice to 8orra�vc��rax�idecl for!n this Security inxtrument ghnll bo�lven�r�lollvcring It at by mailins <br /> ' _ ; it by first clas4 mnil untess ug�licubla law nyuirca uso aP anathcr method. The naticc shull bc�ir:ct^cd ta tho Praperiy Addres9 <br /> _� , Of Ally ptltCl'AddiC39 �Ofl'QWC'Y CIC9�OI1tC9 by 1101�C0 f0 I.CItdQI'. Any notico ta l.cnder shnll bs�iven by tirat olASa mAil ta <br /> - _ � l.endes's address atatcd herain or any other uddress I.ender doslgnntos by notico ta Borrawcr. A�nv motico pruvided far in thia <br /> _ _ ! Sscvc�nty Insuument ehuU bv deemed to havc t+ccn given to Barrawer ar I.endcr when givon ns pravidad in thiA psvogrAph. <br /> - --— � 15.GovernlnA Q,uw; Scvcrab-lli�y. This Secudty Instrument Ehall bo govemed by fodcrul !aw And tho luw af tho � <br /> ;R. � jnrisdicti�n in which tho Pra�r+,y is tacAted. In the cvent thnt uny pravlslan or cluusa of thie Security Instrument or thu Nato <br /> ` cantlicta with uppfloablo lnw,such canflict ahall not sffect ocher pravisiana af thie Security lnstrumont ar tho Nato whieh cnn be <br /> '" � given effect w,ihaut tho contlicting provision� Ta this end tha pcvvisions uf thie Security Inatrument und thv Noto are declurcd <br /> 'r' � to bo sovarablo. <br /> _ _ _ __3 16,iiorrower'v Capy.Borrower hhull hv givcn ane conformed topy of ttw Nut�wul uf'thle 5ccurhy i�vtnam�nt. <br /> �E T ? 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