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<br /> ca��ur nlher WcLy of ony p�st ul tt��i�er'ty�a tar canvaya�-sc�in Itcu o�casdarosnt�na.s�hereby ossip�a!aad
<br /> rhrll foo pa�l to i.tnder. • .
<br /> In da event ot a taW t�king of the Pmpa�Y�tbe �h�ll be �pplied to the wm� �ecueed by tM�Secu�it�+
<br /> inqnunent,whett�er a�not tha►duo�with�ny exceu pai w Eonawer. in Ibe avent of�pu11�1 t�kitiQ ot the Pro�Ay in .
<br /> whicb thc Pafr markec value of the Pmpetty imr�ediately bePoro the takina is eqwi ta or�ter than the�rnaunt of tiie�um�
<br /> �scuraf by this S�cu�ity[nstrument immediately before tho wkin�.urt�sa 8arower u�d ut�der atheewise agae in writing.
<br /> the�ums�ocured by Ihii Siecudty Uuwn�ent�iul1 be rcduced by tha ama+nt of the prooeeA�mulqpliod by tho folbwln�
<br /> fnctlon: (n)the tot+�)�mount of tho surtu�ocurod immeAi�tely befao tho lak(ng,divided by(b)the f�ir m�rket v�luo of the
<br /> H+n�erty immediately boforo the taking. AnY bdanoe rh�ll bo pAid to Borrower. in tho cvent af a partial tnkfa�of tha
<br /> Pmpeny in which the fdr m�rket vdue of the Property immodlately befare tho ulcing i�lera th�n the anount of tha sums
<br /> � secwe� immodiauly beforo the taking,unte� Borrower rnd Lender atherwl�e agreo in writing or unless applicabb I�w
<br /> ottkrwise providea.tho pmceed��11 be Applied lo the sums cxured by thix Secudty Insuumenl whethor or nat tho sums�ro
<br /> tlten duo.
<br /> If the Propetty is abwndoned by Borrower�or if,aRer natice by Lender lo Bc►mnwer Ihat Iha candemnor at�'e►s to make
<br /> en award or settle a claim for damn�cs,Bomower fails to rcspond to l.ender wkhin 30 days aAar tho date�ha notice ie giych;
<br /> l.ender is outhcriud to collxt and apply the praceeds.at its option.eitfier ta r+ostar�tbn or ropair af tha l�arry or ta tha ,
<br /> iumr secuoed by this Socurity 1nw�u�rent,whather or not tlten due. • ' ' �
<br /> Unlcss L.ender and Ba*ower ot6etwise�ln wd�ing,any appqca�ion of proceeds�o prinaipal shaU noc ex�end or •
<br /> postpone the due dwte oi the mo�nthty p�yments meferred to in para�apha 1 aod�or ehango�he amount of nuch paymenta.
<br /> • 11. Borrower NM Rek�sed: FTOrbear�e By l.ender Not A Walver. Exlensian af the Hme for pwyntent or .
<br /> � modification of amortization of the sums securcd by this Security Instrument gmnted by Lender to any successor ln Interest
<br /> --—.; " of Barower shall aot ape�ate to rolease Ihe liabiliry af the ariginal Borrowcr or BomnwerS�successors in interest. L.e�dsr '. ''�
<br /> �..x -- � ai�uii�wt bc rr�c�irrr! ia cammence�cecdiags ags3csst nny sucaessor ia fntesrse or rcf����o extend time for payment ar � _
<br /> =_= ' �. othervviso modify amor�izAtidn of tht eum.r secured by this Security Insuumeni•My reason of any demand made by tho origin�l�
<br /> ��}�. Borrower or Borrowerk aucceasorx in i�te�est. Any forbearance by Lender.in exercising any�ight or remedy ab�ll not bo•�:
<br /> waiver of or preclude the exeroise of nny right ar remedy.
<br /> 12. Successor9 And Arsl�ns�uund;Joint and Several l.8r+bility;Co-algners. The.eavenams and agrcxmenta of�his ,
<br /> Secur�ty Instrument shall bind and benefit the successors and�.tisigns of Lender and Borrower,eubject to the provisions of ,
<br /> — paragraph 17. Bomowerk covenents and ngreementx sfiull be juint and several. Any Bomnwer who co-signs this Securily
<br /> Insuument but doea not execute the Note: (a)is co-signing this Security Instroment only to mortgage.gmnt and convey thet
<br /> Borrower s intorest i�the Propeny under the tertns of thix Security Inatrumenr, (b)Is not personelly obligated to pay tl�e aums
<br /> „� secw�ed by this Secu�ity Insuument;and(c)agrees that l.endxr nnd any other Borrower mAy agt�ee to extend,modify.forbeur .
<br /> ::•�� or make any accommodations with rcgurd to the terms af thia aecuriry [natrument or �he Note without that Borrower�
<br /> - consent.
<br /> 13. Loan Char,gt�s. lf the loan secured by thiK Security Instrument is subject ta a luw which r.et, maximum loan '
<br /> --- = . charges,azid that l��:•is finally inic�sresed eo thui the fnte�est or other loan char�es eo!lerted�r to Fx�«,pectr�a in ca►nection
<br /> :"''';,�;_�� with the loan exceed thc petmitted limits,�hen: (a)uny si�ch loan chtuge shall be�educed by the amount neceasary to reduce
<br /> � ,?;:y� the charge to ihe pertnined limit;and(b)any sums ulr�eady collected from Bomower which exceeded permitted limits will he
<br />-�>+�?�'r•;' refunded 10�orrower. l.ender may choose to muke this refund b�•reducing the principal owed under Ihe Note or by making a
<br /> ���$�°_ di�ct payment to Borrower. If A refund reduces principnl.�he reduction will be deated as u p.utiel pr�epayment without any .
<br />___,.�, prepayment charge under the Note. _
<br /> 14. Notices. Any natire to Borrower provided for in thix Security Instrument shall be given by deliverfng it or•by
<br />_-==� muiling it by first clags muil unless applicable law requires use of nnother method.'Ihe natice shall be directed to the Property
<br />:_�'� Address or uny other address Burrower designates by notice la Lender. Any notice to Lender shall be given by tirst class
<br />=:��� mail ta l.ender?s ndd��eas sluted herein or any other addresti Lende�desigoatex 6y notice to Borrower. Any notice pmvided for
<br /> -_ in thig Secmtiry Instrument shall be deemed to huve been given to Burrower or Ixnder when given ag provided in this
<br />---- ara ra h
<br /> --- p 813 Governing Law; Severability. This Security Ins:trument shall be governed by federnl law und the luw of the
<br /> � jurisdiction in which the Property is localed. In the event�hut any provision or cluuse of thix 5ecuriry Instrument or the Note
<br /> �"�`r�t;�;' • conflicts wi�h applicable luw,such conflic��Ball not uFfect other�rovi+ions of�his Security lnstrumeM or the Note which can
<br />';i;;�;�r,.',�;� _.
<br /> _ � ,� be given effect without the conflicting provision. To this end th:provixfone of this Security In4trument und the Note are
<br />-=:'�}}t�� declared to be�evernble. -
<br />�.•:il���.�. l6. Borrower s Copy. Borrower shull hc gi��en onc conformcd copy of the Notc und ot this Securiry Instrument.
<br /> •�•'��'s •� � l7. 'llrnnsfer ot the Property or a BenePfciul Inter�.wt in Burrower. if all or uny purt c►f the Propeny or any iNerest in
<br /> `"'�+� •" it is sold or Iransferred(or if a beneficiul interest in Barmwcr is,old or transfcrced und Borrower i+not a nutuml peraon)
<br /> �'i�±�� without Lender's prior wrilten consent. Lender muy,ut its opdon,reyuire immediu�e payment in full of all sums�ecurcd by -
<br /> �;,�ti��,�.
<br /> `!J:Y:',�.
<br />-.�,;.,,,.;s.:y_ this Security Instrument. However.this aption shull not be exercised by Lender if exercitie is prohibited by federnl luw iis of __
<br />_���"•�Y�F' the dete of thix Securiry Instrument. �
<br /> -���"1 ' If Lender exercixes this optinn.Lender shall give Borrower notice of urcelerntion. The notice shull provide u period of =-
<br /> ��'"•"� � not less thon 30 du �from the dnte the notice i.dcliver�d or muiled within which Sorrower mux�pay all sums secured by tbis
<br />—�i�`•. j Securit Instrument. If Borrower Puik�n u these wumx rior ta 1he ex ira�ion of thi� ericd. Lender ma invoke an
<br /> ,,�,.�ti,�;,,. . Y P Y P P ' P Y Y —
<br /> ;•,,�:�,,�,� � remedies permittcd by this Securit+:ln�trumcn�wiihout funhcr n��tice or demund on Born•wer. _
<br />.<•��;iS;;,,tt+ i 18. Borrower's Right to Reiaostate. If Bormwcr mcet.r rennin conJitions, Borroa•er xhull have the right to have =
<br />•^�.�'��°� cnforccmcnt of►his Security Inswment dir:continucd at tmy timc pri��r�o the carlicr��f: (�i)�dny�lor such other perial�� _
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