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<br /> condom�uMlnn or aher taklna of Any par�t o�vf�Property,or fa,crmveyenco in liw of condemnalon�ue heroby aalW�ed nnd
<br /> iiNll b�p�W w Lendcr. , . � ''
<br /> 1� th�event of�total taking of tho Property, the; rocecd� shell be appGed lo the sunu tccurod by Ihii 3a:ur[ty
<br /> M�tntmmt��whelher ar not lhen due.witt�any oxcesa pait�io�idtower. In the evem of�patliwl ukina of tho PnnpeAy in
<br /> whkh 1he fdr market valua of 1he Property�mmediatcly t+ePde the ta�ing is equal tu or�re�ter ihan tho amaunt ot the wma
<br /> �ecurod by IhiR Sacu�ity Insuument immediately before t�a lal:ing,unless Bormwer and Lender aherwlse�gree in wrltin�,
<br /> tho�um�+�ocu�d by thie Secu�iry Insmimeni ahal�b�ieduced by ttw amount of the multipliod by the followinR
<br /> fn�:liant (u)tho total emount of the sume secured immedlat�ly beiore the tnking,divl by (b)tha fair m�ukat value of the
<br /> ° '�-" –�–�–� f'ro�leqy Immcdiataly boforc the taking. ,Any b�►lnnce.eS��ll be paid to Borrower. M the evau of a p�iwl tnkfng oi Qu
<br /> Pm��oAy in whkh tho falr market value o�'the !'ro�erty�i�unaii�tety befone the taking is kss than the wnount of the wm�
<br /> �ocu►ad immcdialcly bcforo thc talcing,unlc�s Hunuwer aMi Lendcr otherwfsc agrec in wrilfng or unlesr applicable Iww
<br /> otheiwlNO pmvidee,the procecds shall be appli�d tA the auma secured by this Secnrity Inspumew whether or not�he sume aro
<br /> then duo, �
<br /> . IP�he PropoAy i�aba�doned by Borrowor,or iF,aRer natice by I.ender to Borrower thAZ the condemnur offers to molca
<br /> ■tt pward o�icettic u clnlm for damages.6arrower Fuils to respond to Lender wit6in 30 days after the dote ttie notice is given, -
<br /> I.ender ir�u�harf�ed�o collect and apply the proceeds,at ita optiors.either to restoration or nepair of the Pioperty or to tho
<br /> wm�s�ocurcd by thie Secu�ily l�etn�mcnt,whether ar nol then due.
<br /> _ Unkxs Lenaier and Barrower othenvise agree in w►iting. any epplication of proceeds to principul s6o11 aot eztend or
<br /> pu�lpune tho due dnln of Iho monthly paymeols refernd to in pArngraphs 1 and 2 or change�he amount of such payments.
<br /> IL Borrower Not Released; Forbearance 'By i.ender �1ot a Waiver. Extension of the Umc for payment or
<br /> _ modificAlian of umon{�.ation of the sums secured by rt�is Security l�strument grnnted by Lender to uny succeRSOr in interest
<br /> -•• of Bormwer shall not operwe to�kase tF�e liabillry af the orisinal Borrower or Borrower!c euccessars i�lnterext,Lender
<br /> " — nhall nol be requlrcd lo commence p�oce�clir�gv og;iin�t any succe�.gor in interest or refuse to extend time for payment or
<br /> 'f' uihervvlFO modffy amorllxation of the sums secured by thls Security InsUument by rea�on af any demand made by thc origi�l
<br /> Bormwor c�r[iamc�wer'x Ruccexxors in iMerest. Any farbearnnce hy Lmder in exercising nny nghl ar remedy siwdl nat be a
<br /> woiver af�r pneclude the exercisc of any right or remcdy.
<br /> 12. guccex�ara Aod AesiQas Bound;doint und&veral 1.labilityi Casigners. The cuvenanls and aereements of this
<br /> �'"� Securily InFlnmtent xhull 61nd and benefit the suLCessorc and aasigns of Lender and Borrower,subject to ihe pmvisions of
<br /> �'� parugmph 17. B�ttmwer� ravenunls und ugrcemen4s shaU lx joint And several.Any Barrower wha co-,igns thix Securiry
<br />"` Inslrument hut dcxx n�N execute the No�e: la) is co-algning this Secu�ity Inetrument only to mongage,grant nnd convey that
<br /> BurmwcrK intenexl in�hc PmEx:ny undcr the Icrms uf 11ii+Se�urity lnsuumenr. (b)is nat pcnc mally abligated to pay the sums
<br /> KecurcJ hy Ihix Srru�iry InKln�nxnt;imd(c)agree��hnt Lender And any ather 8orrower muy ugree to extend,modify,forbear
<br /> or muke uny uccomm�dutionK wi�h regard to the term� of ihis Securlty lnstrumen�or the Note without that Borrower's
<br />•� cc�n�ent.
<br /> IJ� IApll CNQr�ex. If�hc I��un kcurcd by this Securiiy ia�trum�n� i� tiubject to a law which .r•ets maximum loun
<br /> _ - �i�m�e.,u��i tii�t iaw�I�liiiaiiy ini�r�ret�d so ihai tix:interesi or ot:.:r laan cfiarge4 rollcctcd ar ta be co!lezted in coerteclian
<br /> . wlth the I��uu vxreeJ d�e�x�nniued limi��,then: (u>uny surh laAn churge shall be reduced b�� the amount nece.sory to reduce
<br /> , '�, the churgo lo�he p�:rniil�ed ifmi�:unJ Ibl uny zum� ulr�:ady rollecieJ from BoROwerµhich exceeded pem�itted limits will be
<br />_ � refunded tu H��rrower. I.endrr muy rhiM►xe�o makc�his refund by reducing ihe principal awed under the Note or by making a
<br /> T " ''';;�' °`,�.� dinct puymonl lu B�►m►wcr. 11'u rel'und redurex principul.�he reductlon will he�rented as a purtinl prcpayment withaut uny
<br />,�: �'!±^^ai`.,�"!� prepuymenl chur�c undcr thc No�c.
<br /> - ' .,�4�� ��..c. '„ 14. Notlees. An no�ice w H��rniwrr ruvideJ f'ur in tC,is�ecuri� lnsaumen�shall be rven b deliverin rt ar b
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<br /> - ,,x, °'�`_� mailing i1 by fint clu�:r muil unlr+ti+ippliruhle luw reyuire�u+c af a;iother.methai.Tfie notKe sh•rll be directed to the Prapeny
<br /> ��•'�'Y.��-3�s Addrctis ar uny��Ihcr iuklrc�� Hnm�wrr dr+l�nu�rz by no�icc in Lender. Any nntice lo l.ender shull Ue given by fin�clasx
<br />- �`•`�""-�"�' ��"�'` muil to LcnJrrz�Wcln��.ui�ed hereiu ur nny i►the�aJJrc.�Lcndrr desigmues by nuticr to Burruwcr. Any notice provided far
<br /> � .�,,�,.:,�:. •..,�, in �hi� Sccurity Inxtn�mcni �h�dl lu dremrJ w havc t►cen piven to 8orrower or Lender when given ax prnvided in this
<br /> �r• .��,;�.�_..� ::M puragruph.
<br />'�t.. � -' 13. CovernlnR I.uw; tievcrut�flfty. 'I'hi. Srcuriry In+irumcn� shall he Fovemed by t'eder�l law und Ihc luw of the
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<br />_ ,.�,,,;,.�.�,,r.,.._ .. jurixdiction in which�he Nro�xny i�I�kmrd. lit Ihc evcnt thal un;�pravi�ian or rinusc of this Security Ins�rument or the Naie
<br /> •�•' con8icta with upplicuble Inw,.uch c�mtlict�I�ull nu�uticrt uth�r pmvixions oP this Securiiy ln�trument�x the Nrne which cun
<br /> '`d"�`�`'r�'�''r�'"��P"'F�' be Riven effeci wi�how ih�r�mllic�ing provinion. Ti►thix end the provisions o(this Security Inxlrument and the Nine uoe
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<br />=', �;, , declu�d to be u�ver�hle.
<br />.,`;_' �;�•;::�`'., �• 16. Borrower's Copy. linrrawrr.bull Ix Fiven un�c��nf�,rmed ropy ol'Ihe Ncite und of ihis Sceurity Instrumem.
<br />:'��' �,�'+='�`�''=� � 17. 'I�anxfer of the Properly��r u IteneOclul lnterest in Itorrawer. If aU or�my pah c,f�he Pnipeny or uny in�erest in
<br /> ' � it ix sold or trun�l'rmd I�x il'ai Ixnrlicfnl inlerc�l in NorroWCr i.s�,ld nr irun,i'errcd nnd B��rmwcr ix not a nuturul per.rnU
<br />`:;��. � �, wNhiwt L�ndcrl priar wriu�o ron+em,Lrndrr m�iy.�U it.oMiun,rcyuire imm:di►ur paymeni in full of ull xums�ecured by _
<br />:��;�,�. �„�°;':'."i�' ' �hix Security In.lrunxnt, Iluw•rvrr,lhiti��ptHn��h►�11 n�►t Ix�etrrcixed by Leocler if exercise iti prohibi�ed by federul law as of
<br />°�:���: �^•;r.. , Ihe date of this Sccurity Imlrumenl.
<br /> �"'"''` '� IP LenJrr rxerri�e,thi.��pliun.L.�nder�hnll�!fv�Nurn�arr notice of nccelerutii�n. The notirr xhall pmvide n period of
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<br /> -�%,. , �'�'f� na le+x�hun i0 duy.frum Ihr d�ur Ih��mNirr i.del ivrreJ ur in;�ikJ wi�hin which Bi�rrnwer musi puy uU�umz tiecured by thls
<br /> ' `�?'� � �° Securily Imlrumcnl. II'Fiorruwrr li�il�t�� puy �hr,e ,um,prior t�i tlk rxpir;uian af �his y,cri�xi. l.cnder may invoke nny
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<br />:=.:s:� •: ~ ' remedir�pem�i�teJ hy�hi.lec��ri�y In,trunKnt whhuu�li�hlKr nutir�ur d�manJ un Borroacr.
<br />�='�'!'::� ! ` � � 18. Rorrower's Rl�bt lo RclnNwt�. II linnu��rr m�ct.rrhain randitinn+. Borrowcr tihsdl han•c tlx right ta huve _
<br />__.. � •• enforcement oi'thh tircu�i�y In,tnmirm diMUnUnurd u�i�ny iinK priur w�he carlier af: �a► S ds�y,l��r,urh„ther�x riai u.
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