.. .,.. � _,-
<br /> '� : � � � , .
<br /> �-� _ . '9�• �to���o
<br /> oondemn�tion«aher ak1n�of any pNrt of are P�openy.ar for eonveyana in lieu d wa�dann�tian.aro baeby wipbd�nd �
<br /> �il bo pid to I.endu.
<br /> In 1he evont df�wW t�kin=of the Property.�he procoeds�h�ll ba+ippi{ed to tiks wmr recurod by tMie Sacurity
<br /> In�tnu�q. whdhcr cx nat then due.wi�h�ny oxcees pid to Bonawer, fa the eveiN of�p�uti�l l�icina ot the Propeny in
<br /> which tlto filr mwket valuo uP tho Ptopeny lmmediately befoto tho t�king is equd to or�reater than the unount of tfia wms
<br /> iecured by this 3a:udry In�ttument immodi�taly bafao tha taking.unlesa Borrower�nd I..endu olhenvi�o�ea in wdtin�,
<br /> the�um��ecurcd by this Sa:urlty In�trument sh�ll be reduced by the euncwnt of the pmceed�multipliod by Ihe followin�
<br /> fiaction: la)tho total�nt of tl�fium�xcc:ured immwlfa�cly bcforc the taking,divlded by(b)tha falr maricet value of�he
<br /> Propeny 1mm�diAtely bofore tho takin�. Any botance rhdl b�paid ta Sorrower. In the evrnt aP a pwUal udcing of iho
<br /> tTopeny in which�he fdr market value aP the Propetty immediately beforo the hlcln�ir Irs�Ihan tha Amoun!oP Iho sums
<br /> �ecuad immadiatcly before the�nking,unless Bomower and L.ender othcnvixo agrco in wriling ot unks� applicablo law
<br /> o�herwi4e pmvide�,the proccods shall be sppliW W the�cums sccurcd by thfa Sccu�ily Inetrument whather or not�I�e seuns aro
<br /> Uien due.
<br /> Ii Urc propeAy is abwxloned 6y Bomower,ar if.aRer notice by l.ender w 8ortower that lho condemnor offbrs to�uike •
<br /> an award ar sepk�claim for damugcs.Bonuwer fail�ta nespwMl tu Lc�ier wBhin 3t1 deys uflter thc datc the noiice is given.
<br /> Lerrler is Autl�orized to colkxt ond npply thc prooeeds.At its aqwn,eithr w rc�ctoration or�epair of ihe Roperty or w�he
<br /> � wms sarurad by d�is Secudty Instrumen�whether or na tLen due.
<br /> Unlecs l.ender�nd Borrower olherwiae�ee in writing,any ap licattan of pmceeds to principal sball oat extend ar
<br /> po�tpo��e ihe due date of the monthly paymeMs refemed ta in puagrn�plis I and 2 a chonge�ha�nwunt of such poyrtKnts.
<br /> !1. Borrorver Not IC�la�edi �ur6ear�oe By I.eader NM n Waiver. Extension of the timc for payment or
<br /> madification of amonixation of the sumR socwed by Uas Security Inswment granted by Lender to any saccessor in inte�est
<br /> of Borrower st�ll not operate to rcicsse thc lixbilily af the original Borrower or Bormwark succes.�KS�in imPrcst. Lender
<br /> - - ahall not bercq ui�d to commeoco proceeding>.againsi any successor in intercst or refuse to ex��nu;ime foi �aymem nr
<br /> othcrwise morify wnorli�ation of the sums secured by this Securiry Inatitrumenl by reason af any demend rnadc by the otiginol -
<br /> Borrower or Bmmwerk successorn in inlereu. Any forbeurara:e by Lender in exercising any ris�hht or rcmeAy slwll not be a
<br /> ;��• waivcr of or preclude the exercise of eny right o�remedy.
<br /> _ It Suocesso�w�d Assl�n�t Bound:Jd�ot und Several l.inblllly;�o�algner�. The covenants and agreementa of thia
<br />.�1 Security Instn�ment shall bind ond benefit the�ucres�or�and assigns af Lender and Borrower,subject to the pruvisions of
<br />_=.Y� pam graph 17. Bomower��ovenuntu and agreements shall he jaint and several.Any Borruwer who cu-signs�his Security
<br /> Inswument!wt does not execute the Note: (a)is casigning this Security Ingtn�ment only to mortgage,grant sutd convey Ihat
<br />- Borrowark intercs►in the Propeny under thc terms of this Security Inwnimem: (b)is not personally obligaied to pay the sums
<br /> securcd by this Security Instrument:and(c)agrees thet L.ender and any ather Borrower mny agree ta extend.modify.forbear
<br />''�f' or moke any accommadalfons with reganl lo the terms of Ihix Security Insuument ar the Nate without that Borrower's
<br /> conscnt.
<br />' "^-- !3. La�a Char�s. !f ttx lQan xcs�rsd ry thiv Se!�l!rily 11�un�menl ix ,wbject to a law wh�ch ,set� rtw�cimum loan
<br /> Sc.
<br /> �;,� charges.and thut law is Gnally i�terpr�ted so Ihnt the interest or other loan charges collec�cil o�ta be collected in connection
<br /> ;,,�;�;���yi wi[h the lonn exceed the pem�itted hmus,ehen: (a)any�uch loun chWge�hull be reduced by thr umaunt necessary to reduce
<br /> �� ;',,;.K,;, tl�e ch;uge to the permined limir,nnd(b)any�ums ulreudy rullected from Bortuwer which exceededpetmfned limits will be
<br /> ���r f"' refunded to Bonnx ac. l.ender may choose to n+..+ke Ihis rrfund by reducing the principal owed under the Note or by mulcing a
<br />-'•Aj���+ �� ��''�� direet a ent�o�o�rower. If u refund reduce� rinci al.the reduclion will6e trealed u�a aninl rc u ment without an
<br />' �9��, �,r,,,.. P Ym P P P P P Y Y
<br />_."y��} �t��""'+��?'�` " prepayment chwrge under the Note.
<br />�� •� �'��� > ' d4. Notices. Any notice to Borrower provided for in thix Security Ins�rumem shall be given by dalivering it ar by
<br /> Y '�,� mailing it by first clu4s muil unless upplicuble luw neyuires use of undher method.The notice shull be dircxted ta the Propeny
<br /> .�,..:r. °�? Address or uny other uddress Borrower designates by notirr to Lrixfer. Any nrnice ta Lender shall l+� given by firct clas�s
<br /> ?"���r. mail to L.ender's addrexs slnted herein or any oiher:�ddrc.z Lender de+igna�ex by notice to Borrower. Amy notice provided for
<br /> _._��� ; : in this Serurity Instrument shull be dremrd to have been Fiven to Bomnwcr or Lender when givrn ss provided in this
<br /> ,,.;;��• .. . . ura m h
<br /> ,�;,,�•1�, "�?'<��,,;,�, : p �IS Governing Lpw; .''+e��er�bllity. 'I'his Security In��rument shall be governrd I�y federnl law and the law of'the
<br /> , �,
<br /> "'=�,� ur»:lirtian in whkh the f'ro rt ��Icx:aled. In Ihe even�th:�t un rovisian or cluuse ot��his Securit tnsuument ur Ihe Note
<br /> _:: �� � a:: -. � J !� Y ' Y P Y
<br /> confliets wi�h upplicuble law,such conflict hhall not uffect i�ther pmvisionx of this Security Ins�rument or the Note which can -.
<br />�� ����` =� �y :� • be glven effect without the coniliciing pro�+sion. To�his end the provi++�c+r+,of this Security Inxtrument und the Nwe ure
<br />- � r, a �"'"• declared to be severuble.
<br /> '•,�� ,..f.:_.,�!,7
<br /> ;kt;,�: 16. Borrower's Copy. Bonoaer shull lx Riven one conformed copy i�f�he Notc and of this Security Inrtrument.
<br /> �=,�': ' ��. � 17. 7Yansfer of the Properly or a Beneflcfal lnterest in Aorrower. IF ull or uny pun of�hc Propecty or uny interest in
<br /> � - it ic sold or trw�sierred(or if u beneficiul interes� in B��nowcr is .o1J ur trun+fcrred unJ 8orruwer is not u nuturul person)
<br />'�-„�, ;_�,- �., withuut Lender's prior written consent.Lender muy,ut it�op�i�xi, reyuire immediate puyment in full of ull xums secured by _
<br /> �his Security Instrument. Howevcr,lhis optia�n shall tKH be excrci+ed by Lender if exerci�i+prohibited by federal law ac of
<br /> T � "�`!''""� the date of this Securily Inslrument.
<br /> ���;��'�F�;: .:� If Lender exercixes this option,Lender shull Five Bnrrc,wer notice of uccelerntion. The notire shull pn►vide a�riod of =
<br /> -� :��;.':r��i�,� •• _
<br /> : ;- ;�:�,;��..;. not Iess than 30 duyx fmm Ihe dute the notice is delivrred c>r muiled within which Borroa er muxt pay ull,umx�ecured hy this _
<br /> '`t�`' Securit Inslrument. If Borro��er fuil+In u �hese sum� rior to the ex ir��tion nf thi� nod, l.endrr ma invoke on
<br />- .�. �. 4'Y4,��: •� Y P Y P P P�� Y Y =
<br /> � '��. remedies permitted by this Security In4trumem withoul fuNhcr niHice or demund un Bormwrr. _
<br /> '.., •�"y°� � 18. Borrower's Right to Reinstate. If Horn�wrr mre�. rcnuin conJi�ian., Borrower +hull have ihe right to huve _
<br /> � �°'``- � ' enforcemeM of this Security lnytrument JixcontinueJ ut uay time priur t�i the eurlirr��f: lu)5 duys(or wch other periad as
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