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' _ ._ �..�R:•: <br /> VI+����1� <br /> ' lO.COAlI�1�IIRt10A.Th� prawds of any �wud or claim for dam�gn, di»ct ar wnMqu�nA�l� in connaction with any <br /> mndemnation or other W�ing of ar�y part ot the Prop�rty,or fur rnnveyance in lieu of condemnadan.ure hereby aeeigned ond = <br /> �hall b paid to Iwnd�n ` <br /> In th�evmt of a Wtal Wdng of ths Prop�rty,ths prnxreds�hall be applied to the sum�e�cur�ed by this 8ec�rity Instrument, <br /> wh�th�r or not then due,with any sxce�s paid to Borrower.In ths ovent of a p�rtiiad taMng of the Pr+operty in which ths fair <br /> me�rkst va1u�of th�Prop�rty immadiwt�ly Mfo»th�t�ldng�o equal to or graater than ths amount oF the eums eecured by thi� <br /> 8�curity In�erument immediately before the taking,unloea Borrower and Lender otherwiee agree in writing,the sums eecured <br /> by thie ESecurity In�trument ehall bs nduced by the amount of the praceed�multiplf od by ths following fkactt�n:(a)ths total <br /> amount af ths sums securod immediately before the t�idng,divided by(b)the fair merket value of the Property immediately ` <br /> bfore the Wdng.Any bslance ehall be patd to Borrower. In the event of a partid ts�long of the Property in wbich the falr <br /> market velue of the Penperty immediately before the taking i�lew thiu►the amount of the sume eecured imm�dlxte�y befors the <br /> tal�ing,unIe�s Bormwer eu�d Lender otherwlee agree in writing or w�lees appliceble Iaw otherwiee provides�the proceeds ehall <br /> be applisd W the sums�ecured hy this 9ecurity Instrnment whether or not th��ums are thm due. <br /> If ths Prcpsrfy 9s abandoned by Borrower,or if,wtbr notice by Lender to Bormwer that the condomnor offers to make nu <br /> award or e�ttle a c]aim for dama�es.Borrower fail�to r�spond to Lender within 39�rLy� atter tlie �te the notics is gIven, <br /> Lendsr is authorl:ed to collect and apply the pt+ocseds�at�t�optlon,either to re�toratlon or repair of the Property or to ths eum� - <br /> Ncund by thi�8ecnrit,y lnstivmsnt,whether or not then due. <br /> UnleN Len3rir and Borrowar otherwI�e agt+ee in writing,any applicatton of proceede ta prIncipeJ ehall not e�ctend or postpone <br /> tha due date of the monthly pa,ymenta referred to in paraRrapha 1 and 2 or change the amounL of euch payments. <br /> Il.Borruwer Not B�3�a�Forbe�s�ana�By Iw�ndu�Not a Wdv�r.Ext�nmon of the tune for p�yment or modificntion <br /> of amortIaat[on of the eums eecured by thts i9ecurity Inetrument grented by Lender to�ny�ucceeeor in interest oF Horrower <br /> ehall not operate to release the liebility of Lhe orlginsl Borrower or Borrowe�'s naooewor�in inter+eak Lender�haU not be <br /> rpuired to commemcs proceedings against any suoceswr in inters�t or nfiue to extend tIme for psymsnt or othenvi�s modily <br /> wnortisatEon of the eume eecured by this 8ecurity Instrument by re�uon of any demand raade by the orI�nul Borrowsr or <br /> Borrowst's�uooeesore in intene�My forbsarance by Lender in exercising any=ight or remedy ehall not bs a waivsr of or <br /> preclude ths sxerdes of any right or remedy. <br /> _ 19.Buoe��or�aad Aa�ilms Bound;Jolnt and 9evaral LtablBty;[`.�.ai�w�, Th� envwnant� nnd w�,arnAr��ntw �f t3��� <br /> 9�curity In�trum�nt ehull bind and lwneflt ths suoces�ors uid asdgns of I.ender and Borrower�aubjece to th�proviaions d <br /> ; pusgraph 19. Borrowe�'t oovanants and agreemsaGs �hall be joint and�swral.Aay Borrow�r who m-a[ga� th#� 8�cutity <br /> Instrument but da�not sxacut�ths Note:(a)te co-dgning tlus S�curity Inst:ument on�y to mortgag��grnnt and conv�y that <br /> , Borrowsr's inte�rest in the Property under ths terme of tbis 15scurity Insavment;(b)is aot per�onally obligatad t�o pay the�um� <br /> •� eecured by this 3�cudty Inetrument;and(c)y�e�ees that Gnder and any other Borrow�er may agree to eutend�mali$r�forb�sr or <br /> � mak�any aceommodations witt�rsgard to the terms of this 3ocurity In�trument or t3�e Not�witbout that Borrowe�'�can�n� <br /> .� 18.Loaa ChRr�. If the loan ser.ured by this SecurIty In�tru:n�nt i��ubjeet to a 1�N whioh Mt�masimwn loaa char�r, <br /> � utd thRt law is fiaally interprsted w that th�inters�t or othsr loan ei►args�ooUsct�d or to b collected in conn�cti�on wdth t1w <br /> .i lou►�xcaed the p�rmitt�d]imit��then:(s)any ruch loan ehazgs�hall bs rsduad by the amount nsoewry to reduos the e}utrg� <br /> to the psrmitted limit;and(b)aqy sums already ooAected�om Borro�ver Mhich sxcsed�d psrmitted limits will be refbnd�d to <br /> Borrowsr.Lender may choore to make this retl�ad by reducing th�prindpsl owed undsr the Note or by maldng�dirict p�ymwnt <br /> m Borrowrer.If a rsfiind raduoes prindpal,ths nduction Mlll be St+sated u s partl�l prspqyrnent without any prspe�ym�nt� <br /> under tha Note. <br />;•� 14.Notioes. Any notla to Sorrower prcvided for in this S�curlty Instrument shall b�giv�n by ddiv�tittg it or by mriling it <br /> � by$m!class mail unl�s�applicAbla law requiris ua�of anotha m�thod.Tho notics ehall b�dir�ct�d to ths Pmp�rty Addrn�or <br /> ; �ny other addt+ee�Bore�o�ver deeignate�by notla ta Iwnd�r.Any notla to Lender ehall b�giv�n by�r�t d�w xtu�il to Iwnd��� <br /> � addrew stated h�roin or any oLher addres�Lendsr dsdg�ab�by notioe to Borrower.My not3ce provid�d for in this B�eurity <br /> � Instivm�nt shall be deemed to hsve been givea to Borrower ar Lender whsn glven ws provfded in tht�p�aragraph. <br /> • la.Glov�rnintLw:Bsvaabillity.Thi� Becurily Inrtrum�nt ehall be govsrnsd by federal law and th� la�v of tl� <br /> _ � Juri�diction in which the Property is loa►ted In the svent that any pmviaon ar clau�s of thi�9�eu�ity Inttrument or th�Not� <br /> � eonfliets with appliabls Isw,auch conflict shall not affect othsr proviedon�of thi�S�curlty In�ument or th�Not�which aa b� <br /> ; glven�ffact wtthout the contlictfng provieion.To this end the provisione of tbis 8eeurity Indrum�nt and ths Note a:+s d�clu+�d to — <br /> ; bs sswrabls. <br /> � �•��'+�'�'��py Borrower shall be givea one conformed eopy of the Note and otthis 8ecnrlty In�trumen� <br /> ; iZ Z�aa�or oiths Prop�rty or�Bsnenoi�l Inteswt ia Borro�vu:If all or eny purt of the Property or sny intetwt in <br /> it is eold or transferred(or if a benefiaal intereet in Bornower ie eold or tranderred and Borrowa is noi a nahu�l p�rwn) <br /> without Lende��prior wrltten coneent,Lender may,at ite opt3on,requir�fmme�ate psyment in tiill of all�ume�ecured 6y thi� <br /> 9ecurtty Inetrument.However,thie option shall not be exercieed by Lender if exermtse i�prohibited by faderal law u of the dat� <br /> uf this Becurity Inetrumenk <br /> � snu-oeroi � �ls.'-`,'_— <br /> , P�e�ot• <br /> - � _ <br /> �.s:,- ---T _ - - -- _„a�.,__-. <br /> .�:�. _ �t'�..s . 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