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<br /> — � eaidemnatia�a atlxt ta�8 of aoy put a(ihe�iopeRy.or fddc canveyance in lieu of candemnation.are t�erciry acsigned imd
<br /> • shaU be paid to t.axler- .` - _ , _ � , '
<br /> Ia the �venc of a total taking of.th� Property.the pcoceeds shall be applied tu the sums secsired by this Security�-
<br /> - -- i���+�+�E�vhetl�sta�t.then_dae.with smy exe�.cs.paid to Samn�,Ja_tlfe.sv�t bf a pactial tatcing of tfte Propdrey_in.
<br /> _ �' whish the fair tttatket v�tue of the Fcopercy immediately�beforc the taking is eq�ia7—to_oi gieafer-1t ian�he aimiiia�-af�sums- --- '
<br /> � secu�ed by this Secwi`ty tnstfument immediately befoce the taking,unless;Borrower and I.ender od�erwi�e agcee in writing.
<br /> . the sums s�by this Secunty.Insuument shail be reduced by the amount of tlie proceeds mnitiplied by the followatg. ,
<br /> frxti�n; (a�the rotal au�aunt of th�swns sec�ceQ imitiiedi�tety before the taking.divided by(b)[he fair market vatue of the -
<br /> - - pro�erty immedlaiety befoce the taking.� AaY 6alance shait 6e paid to Bocmwer. In th�event of a pa�tiat taicing of the
<br /> - -prapany in which the fair maricet value of the P�perty iminediately 6cfore the tatcing is less than the anw�et of the sums -
<br /> — , secured immediately be�ora the taking.untess Borrower and Lencler ott�erwise�gree in writing or unless appticabte law
<br /> otherwise provides,the proceedS shal!be applie�tu the sums secured by[his Security Instrument.whether or not the sums are
<br /> — � tt�en due. � .
<br /> — — . ig the propecty.is a6andoned by Borrower,or i�after notice by Lender to Bor�wer t6�the coade�offers to make
<br /> _. an swatd or settk a claim for damages.Bcxrower fails ta cespond to I.ender within 30 days after tiie date itie uouce�S BNen. �
<br /> I.end�r is authotized to colkct and apply the proceects,ar�.��tdian,either to restoratioQ ar,cepair af.ti�e Pmperel'or to tt�e
<br /> _ ' sums secu�d by this Securiry��whether ar not t��-.�e. ' � .
<br /> _--- Ualess Lender and Borrower otherwise agree iq wrr�g:any application of pcnceeds to principat sfiali rrot extend or
<br /> `l' postpone tl�e due date of the manthlY payments nefe�red ta m�+aragr.►phs 1 and 2 or change the amount of such payments. , _
<br /> �';:: � IL $acrawtr Not Rek�sed; For6wronce BX La�det Not a Waiver Extension of the time far payment or
<br />-:'� modification of amort'aation of the sums secured by thi.g S�+Instntment granted by Lender ta any successor in interest
<br /> -- of Borrower shall noE oparate to relea,se the liability of the a.-i3inal Borrower or Botrower's successan in inteces�Lender
<br /> - -_ � ���b��q�i�ed w wmi�r�e proceedings againxt�r successor in interest or reefase ta extend time far payment or
<br /> - — otl�erwise modify amorti�ation of the sums sec�ea 1�Y this Securi�Y[nstrament by reason of�ny demand made by the original
<br /> 8amwer or Bamnwer's spccess�xs in inte�+est. Ariy forbearac�..�e by Lender in exercisit►g any right or iemedy shat!noi be a
<br /> - waive�af as preclude the eiecr�se of any rigbt or remedy. . ' '
<br />_� _ . :�it Sooce�s a�d A�segss Hound;loiat an�i 5ere�'t�ibilit�r;Co-signers.:The tovenanu and agreements of ti►is ` --
<br />_ ;,:' Securiry Instrument sha12 bind and 6enefit the successors and assigns of Lender and Borrower.subject to the pmvisions of _ �
<br />�_:�:,.;::, :,_ � paragrapi� 17.Bor'rawer's covenants and agreements•shaU be joint and several.Any 6orrower who co-signs this Security ___ _
<br /> p �� -• Instmme�Mit does not exeeute the Note: f a)isc+i3ig�ing this Secuiity lr�cuument oaly to.maRgage..gt�M and convey that ; �
<br /> :r:'� Borrawer's interest in the Praperty under the terms of this Secarity Instrumeni: (b)is not personalty obliga�edto pay the sums ___ __
<br /> � sep�red by tbis Security insttumem:and(c?agt+ee.c that Leader and any ather Borrow�er may agree tv extead.madifY.fnfiear ��^'
<br />• _u�;. - �- • or inake any accommodations with regacd to the terms oP this Security instrumem or the Note witttaut diat Bori•awei's �._
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<br /> 13. l.os�n C6uges. If the toan secured by this Securiry Instrument is s�ubject to a law w[sicti:sets maaimurn toan . �..�T�w
<br /> charges.and that law is finalty intecpceted so that the intere5t ar other toan charges collected or to be caItecCed in connection _�
<br />-" � with ihe loan exoeed the pertnitted timits.then:'(a)any sucb loan charge shall be reduced by the amount necessary to oeduce ___
<br /> the charge to the permitted limiti and(b)any sums already rollecteA fram 8orrawer whicti exceeded permitted limits will be _ - -.
<br /> cefunded ta Barrowet Lender may choose ta make this refund by reducing the principal awed under the Nate or by making a _ _
<br /> .{ ,�*�. direct payment to Borrowe�. If a r,fund rednces principal,the reduction will be treated as A partial prepayment without aay �:.�-=_
<br /> ;� , prcpayment chacge under the Nate. ' �"-=�Y
<br /> ' _ �'; 14: Notic�s. Any n�tice to Borrower provided for in thic Security Instrument sleull bc given by delivering it ar by ; <' �*
<br /> _ muiling it by fint class mail unle��applicable law requires uce af unother me�hod.The notice shall be directed to the Pmperty ���-��'''°-';
<br /> Addms�or any ather addre+y Borrower designates by nntic�tn L en der. Any notice ta l.ca der�ha l l b r,gi v e n b y f i�+t c l�.+z .. .
<br /> mail ta�cnder+address�tatcd hercin or:u�y othcr addrc��[.ender dc�ignatcr by nc�ticc to Aarrower. Any natirc providcd for • . -,
<br /> , in this Security tnstrument ytw11 bc dccmcd p+have hee�sivcn ta Borrowcr or l.ender when given�.� provided in this ..
<br /> • � ��� paragraph. '
<br /> ' . 15. �:overnin�l,stw:Severability. Thir Security lnstrumem +hall hc gavemed by fedcral law and thc law af thc _.. .
<br />- - juriutiction in which the Qruperty iti lacated. tn the eves�t that any provi.rion or ctause of this Security In�trument or the Nate - --_
<br /> . � conflicts with�pplicable law..uch conflict yhall nrn affect ather provisioa�+�f ihis 5ecurity lntitrument or the Note which can , :_
<br /> , be given effect without the conflicting praviyion. 'Ii�thir end thc pr�visiom uf�hix Security Instrumem and the Nate are .
<br /> • ; declared to be�everable. �
<br /> � ,;:. � 16. Borrower's Copy. Bariowcr rhall be given anc rnnfarmed rUpy of the Nate und of this Security Instrument. •. •.
<br /> 17. 7lransfer of the Praperty or a BeneficiaUnterest in Bo�rnwer. If all ar any part af thc Property or any interc+t in :• :�,
<br /> � 'M it is sold or transPerrcd(or if a beneGciai intrrest in B��rrawer i�:tiald ar trnnsferrcd und 8orrawer i�not a natural penon) - .� . `;�Q•
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<br /> . .¢� withaut l.ender's prior written wnscnt.Lcndrr may.at its option,reNuire immediate payment in full of all sums secured by ,;;��
<br /> � ;t-' thi4 Securlry lnstrument. Hnwever.this optinn!�ba!!not be cxcrciscd by Lcnder ii rxen��c ic prohibited by federsl law as of _ . . _ . .
<br />_ thc date of this Security InStcumcm.
<br /> li Lender exercisew thiti o�tion,l.cnder shall give Burrower nutice��f acceleration. The natice shap provide a periaf of
<br /> � nd tess than 30 days from the date the no�icc i�drliv�red or maited within which Burrc�wer mu.t pay aiE�ums xecured by this , � .
<br /> � t�,: �' Secusity InstrumenG If Borrowcr f�ilz to pay the�r �umti priur ta the e.xpir�tic�n nf thi� �xriad.l.ender m�y imakc any
<br /> � *:5'��.. � rert�edies permitted by this 5ecurity In.rtrument�vithrnn iunher noticc c�r drmand im B��rri�a•er. .
<br /> 18. Borrowe�'s Right to Reinstate. If Horn�wcr mccis ccAain r��nditinn�. Barroa•cr hhall havc thc right to havc ..
<br /> enforcemem of Ihis Security Intitrument ditirnminued at:my time prinr to the earfirr i�f: (.0 5 dayc!or such ather pericxl uti -- • •
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