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<br /> � cnadem�wian cx�Wcin6 af u►y put of die Rtoperty.or for conveyance in lieu of Naddemnation:are hercd�!assiarKd and � - .
<br /> - - ' s�W16e p�id to Lerwter. � �, ` , � r
<br /> ' . ' •in t�e es!ent of a totot t�lcing of the_Aopetty.the procKds shal{�be appiiod to the sunu secune0 by this Security
<br /> --- - ftt�u�s�t�wlxth4t os-�t-li�ea Que:.with.any_eace�.c paiA to aarmwer.-In tlte event oF a partial taki�ig of the Property in , •
<br /> — which the fair market tials�e of tl:e progerty immediateiy I�efope the tairing is a�ual to ar�ter tha�►tfie am�sMt of thc sums ; <
<br /> .slcuKd by this Security In�tcumeat immedsuely befixe the taking.unkss 8ormwer�nd Lertder otberwise�grce in wriling.
<br /> ' tbe Sums secured by.this-�"uricg instrume�t shatl be,ceduced bY th�a�unt of the procee�s multiplicd by the fdiowing
<br /> ftactidi: taj d�e toW amount of the sams sec�u�ed i�sed3�rty befae t!x tak3nS.divided by!b?the f�ir madcet value;of t6e
<br /> prope�ty immedi�tely 6efae the taiciag, pay-balat�e s[�all lse paicf to Borrower..[n tht tvent of a pa�tial taking of ttx .
<br /> ptoperty u�.which tho f�ir market v�tue of the t'topaty immediateiy fxforc the taking is les�than t!x�mounc of the sums�
<br /> - secue�ed imnxdiately txfare tbe taking,dnless Bociowec and Lcnder otherwise a8ree in writing or untess applicabk taw
<br /> od�wise prrnrides,the pioceeds sitall fie applied w the sums secu�+ed bg this'Security Inswme�n wfiettxr or not the sums�rc
<br /> then due. . � � - � ,
<br /> If tbe Froperty is abanda�ed by Bonawer,ar if.after nocice by I.ander tQ Borrower[hae the condemnor offers[o make. - .
<br /> an award ar settk a ciaim far daanages,Bormwer fails t arespond w Lerides within 30 days aft�date the notice or oVthe
<br /> � 1..ender is wdwrized to colket and applX the p�+nceE�ls. t its optid�,either to�storation or r of the PiroP�RY
<br /> sums savned by tAis Security lnstnm�ent.whelher or nat dxn due.
<br /> - u����We��t}��ag,�e in�vritiag.any application o�proceeds to principal shall not extend.or
<br /> _- . posEpone the due date of tt�e monthfY Payments refetmd m in paragraphs i and 2 or change the amottnt oE such payman�.s.
<br /> . ll, Borrower Nat Releued; Forba�raece By Leader Not a Waiver. Exten§ion of tt�e time fos payment or
<br /> ' modification oF amartization of the sums secured by tbis SocaritY In�tnuncnt grrnted by L.ender to any successo�in interest -
<br /> � of BonvvveE shall not operate to release tne lia6iGty of the originat Brnmwer ar Borrowers successors in interes�.Lender
<br /> sha11 not i�e Rquited to commence pmoeedings against any successor in interest or refuse to sxtend time for payment or
<br /> otiierwise��odify�wrti��iion of the sums soaued by t�us Sec�uity Instcument by ceason of any demand made b}r the original
<br /> Barower oc Bormwer?c suceessars ia mtec�st. Any fo;fiearanc�e by Lender in exe�rising any right or remedy sdall not be a
<br /> - w�iverof orproclude theexe�ise of any right or c+emedy. . . ' .
<br /> 1�. �aeaseors and.A�ns Boued:Joiat�d SeverAl Liability;Co-si�ias. The covenaats and ag�esr[enu of this
<br /> Seeuriry i�.sm�ment shalt bind and benefit the successots and assig�s of txnde"r and Bonrower,subject to the piovisions of
<br />_"_ ���}�:��wer's covenants and agreementc shalt be joint and sevecal:Any Borrower who co-sip�s tfiis Security
<br /> InsuumenF�sat does not execute the Noiei (a)is co-signing this Security Ti�suument only to maRgage.grsuitaitd canvey Urst
<br /> - Bormwer?s intere�t in che P�operty under the terms of this Serurity Irisavmen�.(b).is not personally o6ligated to pay tha sums
<br /> - , � � seCwYd by this Security Instrument;and tc)agrePS that l.ender apd�Y uther Borrower may agree to exEend,�mdify.forbear �
<br /> ot�naice.any accommodations with regard to the tecros uf this Security Instiument or the Nate withoat t3tat Bormwer's
<br /> ca�sem:` .
<br />=��: i3,,Loan Chaeges. If the loan.secured 6y this Secuciry tnstcument is subject W a taw which sefs maximum toam
<br /> yd 3 c�ruges,and that law is finally fitetpreted so that the intereat or oti�er loan charges calleaed or r8 fie coQecte�in conneciion
<br />-�.= with the toan exceed the permitted limiu.then: (a)any such toan charge shalt 6e reduced by the amount nec�ssary to reduce
<br />-�:�� the cdarge ta the permitted limi�and(b)any sum4 already collected from Boirower which exceeded permitted timiGS will be
<br /> tefunded to Bocrower. I.en�ter may choose to make this refund by redac.ting the principal owed under the No�e or by making a
<br />= . _ d'uoct payrnent to Borrower. If a refand reduces principal,ihe ceduction wiQ be treated a.S a partial prepayment wittiout any
<br /> . pt�payment charge under the Note.
<br /> t4. Nodces. Any rtatice to Borrower prov�ded for tn this Secuaty Instcument shall be given by delivering it or by
<br /> , mailing it by first c1�cs mail untess applicable law rcquires a+e of anather methad.Thc notice r�hall be directed to the Propeny =
<br /> AddreAS or any olher address Borrower designates tiy notice to Lender. Any notice to Lender shall I�e given by fint ctass _
<br /> � mail to l.ender's address stated herein or any ather address I.ender designatec by noti�e to Barrower. Any notice provided for �
<br />- in this Security I�.+trument Sha1t be deemed to have been given to Borrawer or[.ender when given"as pmvided in this _
<br /> . P�B�Ph• ' _
<br /> IS. Goveraing Law; Seve�ability. This Security lnstrument tihall bc govemed by fcdcral law and thc law af the �
<br /> jurisdiCtian in which the Praperty ig located. lo the event that any pravision or clause af this Security lnstrument or the Note --
<br /> ' conflicts with applicable taw.such wnftict shall noi affect other provis�ons of this Security tnstcument or the Nate which can 4
<br /> be given cffect without the conflicting provision. �'�thix end the provisions oS this Securhy lnstrument and�he Note are _
<br />- • declared to be severable. =
<br />:,�,°�• � 16. Borrower's Copy. Bortower�hall be�i��en ane wnfarmed copy of the tioce and of this Security Instrument. =
<br /> - 17. 'ilraesfer af the Property or s�Beseiicia!lnterest in Borrower. If alt ar any part of the Property ar any interest in _
<br /> . `� it is xold or trs+nnsferred(or if a benef:ial interesi in Borrower is sold or transfersed and Barrower is not a natural pe�son)
<br /> _-�`•� without I.cnder's prior written consent.Leqder may,at its option.require imme�::t�payment in full of all sumc secured by -.
<br /> - this Security instrument. �towever.thts optian ShaA neit be exercised by Lender if excrcise is prohibited by f:deral law as of F�
<br /> �,� Ihe date of thi.g 5ecurity lnstrumeat. _
<br />;4r•.1-; If Lender exetci�lhiw nption.Lender shall give Batrawer aatice of acccler�tion. 'Ihe nosice�hall pravide a pedod of _
<br /> not less th�n 30 days&om the date the notice is delivered ar mailed wishin which Bonower m���t pay ali tu�ss secured by th"ss
<br /> ',' Security lnstrument. lf Borrower fails to pay these tiumg priar to thc expiration��i this period. Lcr,d:F inay invoke any :�
<br /> remedies permitted by c�is Sccurity Instrumem w•�tt�vtu furthcr nmicc ar dcmaad on Bortower. �
<br /> 18�. Borro�tr'S Rtght to Reinstate. If Bc�rrower mee�w cenain rnndir:ans, gorcower�ha{I ha�e a`e right to have =
<br />-: �� enforcemene of this Secunty lnstrument dixcontinued ad any time pdor to thc carticr af: Ia��4ays lor�uch athcr period:�w _
<br /> -� . Single F.unily..Fneak�tae/�'teQdk 11rc I��IFf1R�11�KTRt"�1k�T�•l'nif��r:n C�wcnam. 9190 Ipdge J�,ji,�xi.¢i'r► -
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