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<br /> candemn�ulon or dher Wc1n�of u�y pat ot tiw Propeny�or fw'coovoyance in lieu of condemn�tion.�r�e here y wi�ted�nd
<br /> dWl be pwid ta Lcnder.
<br /> In the event ot p toul t�lcfn� o[the Pnoperty�the prooeeda�hall bo app8ed w the �ums se6wred by �his Socwity
<br /> Innnuneo�,wbethcr ar nat thcn due.with my excess paid to Borrower. In the event of p pwtial uiking of the Property in
<br /> w6ich the fdr metket v�luc of the PropeRy immodiwuly befac Iho trking Ia equrl w or�ncatcr thon�he amount of the:um:
<br /> secucee�by thia Security[nsuument immediately before the Iaking,unless Borrower and I.ender otherwiee agrce in wriUng,
<br /> the sums rxuRd by this Socu�ity Inrtnunent �haU be rcducoal by the amcwnt of the proceeds multiplied by the fnllowtng
<br /> fractian: l+�)ihe total�mqunt af the aums recured immodiptely 6eforc tirc taking,divlded by(b)the fair market v�lue of the
<br /> !�°-��-� k'ropeny immalia�ely before the tatcing. Any balaue Rhull be paid to Barrower. In the evte+t of a paniel taking of the .—_
<br /> Proporty in which the fAir nuuket value of the P�npeRy immediately beforc�hc Uiking is less thnn the amount af the auma
<br /> aecured immediately beforo the taking. unkss Bomawer und Len�kr aherwlce agra in wdting o�unkss applicabk!aw
<br /> atherwisc providcs,tFta praceods c1w11 be�pliod to thc sums securod by this Secudty ln�trument whether or nat the sums ara
<br /> then due.
<br /> �f the property is abandoned by Ham►wer,or if,after notice by Lender to Bart+nw�r ihat the candemnor offers to matce
<br /> -- an award ar settle a claim for dAms�ges.Bonawer iaiis to rexPuud ta l.ender within 30 days afte�the date the notice ia given, .._._
<br /> I.ender is authoriud to colloct and apply�he proceeds.at I�a option,oi�her ta�ctaratiun or apair of ti►e Property or to the
<br /> sums securat by this Sccutity Instnunent,whtthar or nat then due.
<br /> Unless Lender and Bomrwer ottierwise agrea in wdting,uny applicatioo af pmceeds to principal ahall nat extend or
<br /> poatpone�f�e due date af tho manthly payments refe�rad to in paragrapbe I end 2 or chang�the amount of auch paymenlR.
<br /> 11. Borrower Not Rekased; Far6taranoe By l.ender Not A Walver. Bxtension of Ihe timc far payment or
<br /> modificatian of emortizatlan of Ihe sums secured by this Security instrument granted by l.endcr to any successar in Intcrest .
<br /> of Borrawer shall not operato to release the liability af the original Borrower or Baerower's successon in interest. La�der
<br /> ,__.,._�..T_ _ __ _____ shall not be rcqui�ed ta commence pmcoedings wgainst any successor in interanl ar refuse to extand time for paymenl ar
<br /> �n,,,,�� otherwise modify emonization of the sumg+�cured by this Security Insuument by rcason of any demand made by the uriglnul -
<br />- Borrower or Borrower�successorx in imerest. Any forheamnce by Lender in exercising any right or remedy shall not bo a __
<br /> ���ns� waiver of or preclude the eaercisc of any right or remedy. '
<br /> -- 12. Successors and Asstgns aaund;Joint and SeverAl Liabtlity;Castgners. 'fhc covenants and a�reements of this
<br />_ Serurity Instrumen� shnU bind and bene8t the succesrors and agsigns of Lender and Borrower.subject to the provisiong of
<br />_— --_—_ paregmph 17. Bortow�erk cov�nants end agreemeatc shali be jaint aiid severel.Any Borrower who co-sign�this Security
<br />= Instrumeet but das ntN execute the Note: (u)is co-signing this Security Inslrument only to mortguge,grant and wnvey that
<br /> - — Borrowerk interest in 1he Property under the tcrms of this Secu�ity lastrument; (b)is not personully obligated to pay the aums
<br /> -- securcd by thfa Security Inatrument;and(c)ugreea thut Lender und any other Borrower may agres to extend,madify.forbenr
<br /> — or meke any acoommodations wlth regorcl to 1he tertns of�his Secudry Instmment or the Ncxe wlthout th�t Borrawerls
<br /> � '— consent.
<br />;i � 13. Loan ChA�ges. [F the lonn secured by this Security Instrumeat is subject to a lew which sets maximum loen
<br />_ ----_- -- — cl�es,snd thas law�ls f nally inter�+mte rl r,�thet�he interest or other loan charRCa calleatod or to be wllec�ed in connection
<br /> ,;1„�i, wfth the loan exceed tl�e permitted limits,then: (a1 any such loan charge sl�all�be reduced by the emount neceswuy to roduoe
<br /> ;+i��.;�;7 the churge ta Ihe permitted limit;and(b)any cums already collected from Borrower whiah exceeded pertnilted limits will be
<br />__ '�"�.�� refunded lo Borrower. L.ender may choose to make[his refund by reduoing�he pdncipal owed under the Nae or by making n
<br /> direct payment to Borrowee. If a�efund reduces principal.�he rcductian will be trea�ed us u partial p�epaymene without uny
<br /> � �; , prepaymont chtuge under the Note.
<br /> ,���i , l4. Notice.v. Any notice to BoROwer provfded for in thiti Security Insirument tihall be given by delivering it ar by
<br /> mai8ng it by first class mail unless upplicuble luw requires use of nnother method.7'he naice shnll be directed to the I'nnpeAy
<br /> Address or uny other address Borrowe�deeignutes by notice to Lender. Any notice to Lender shall be given by fitut class
<br /> mail to Lender�address stuted herein ar uny other addretis Lender designatex by notice ta Barrower. Any notice provided fot __
<br /> :�; I in this Security Instrument shall be deemed to huve been given to Borrawcr or l.endcr when given as provided fn this
<br /> ara rn h
<br /> . hl p 815 Governtng I.aw; SeverabNity. This Security Instroment ,hnll be govemed by federul Inw anJ the law of the _
<br /> ju�lsdiction in which�he Propeny f.locn�ed. In the event thut uny provi�ion or rlau,�r of this Security Instrument or the Note _ _
<br />� conflicts with npplicnble luw,auch conflic�shull not uffect aF�r�+cuvisions ot ihi3 S�tiurin� lnsirument or the Note which can ___
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<br /> — - „'�-'�i be given ettect w�thout the conflir�ing provision. Tu�hi,r�v�a�K provi�+ion. of thi.S:rurity� lnstrument nnd the Na!r c+se =-_�_
<br /> �., .:. •. declared to be�evcr.�bke. _
<br /> . ' l6. Borrower�s�:mpv. Borrower sholl 1x�aven ane confurmed cup}06 thr Note und of thix Securit}�Imtrumeat.
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<br />� � ��,r���.���'� 17. 7lransie�aPt�e�rnperty or a Beneflriul]nterest In Rorrnwer. li a01 ar uny pnrt of�he Propen��cx any interese in ���
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<br /> ' �;"`:°:Cr�,,'-H it is sold or trunsferred (ur if u beneficiul intcrest in Sormwer i.sold or trunsferird and Borrower is not a naturul pr�on)
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<br />_ ,{;,-c,�,��s�,t" wilhout Lender's priar wrilten conseni,Lender muy,ut its option,myuirc immediute puyment in full of all sums secused b}• —
<br /> r�;,Y��;'� this Security Instrument. Howe�•�r.thix option shall r.ot be exercised by Lender if exercise i�prohibited by federal lua•ps o� _
<br /> ' � the date of this Securiry Inatrumrnt.
<br /> . };, .,, �' • If Lender exercises tfiiw option,Lender shall give Bortower nntice ot accelrrrtion. The notice xhall provide n period of �;`
<br /> "'"�;�`{ •i:1,ii*�'� I not lexs than 30 do s from the date the nMice is deli��red or mailed withio which Hottower must puy ull sumx secured by this
<br /> -� � j�� ,�;Yf�+�j � Security Insuumeni. If Borm w�r f a i h�o p ay t h e�e +u m s p ri��r t o �h e e xp i r u i i n n o f t h i� g e r i a d, l.e n d e r m u y i nvoke an y �`��`'
<br /> '�v i� �'!�� • remedies rmitted b thi+Serurir. instrument without funhcr nuticr or Jemvnd on Horr��titier. —�
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<br /> �"`` 18. Borrower's Rlght to Relnstate. 11'Barruwer mee�. rertuin conditions, Norn��aer xhull huve the right to h:►ve �
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<br /> , . �;:.�;{� 1�.�,����� enfo�ement of ihis Security Insln�ment disconlinu�J ut any tiim pri�►r k�Ihe eurlicr of: la�s days(or vuch a�her period a� ,.
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