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<br /> � �a�ndeeriatian a odKr takie�uf any,pa�t of th�Pmpe�tY•a fa emveyance ict liea��.��bY�8�� - � .
<br /> --- =sh�li be L�ender- - ---- - - Se�ttiit�!_---
<br /> — ---- -��'0--- -- sl�a4i-be-ap�lied�ta-tlie sums s�d6Xlhis- -.-
<br /> fn tIu eve�of a to a 8 •
<br /> . L�uumeat.wlKther a aat tbett due.witA any eaass paid to Bocrower. In the event of a p:utial taking of tt�e Propaty�in :�
<br /> , which the fiis m�cicet vaine of tbe Ptoperty immedi9tety beforc thc takiag is equat to or gneater than the amannt of the soims
<br /> ,sec�ed by this Security insuument�immedta�elY befar the'taking.nnkss Bairower and I�ender othenvise agn�e in writing. ':
<br /> - tbe smr�s s�caRd iry d�is Security insuemerst strrU be re�uY4 t►Y tiie ainount of fhe.proceeds mWtiptied by the_foltowing
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<br /> frxqion: (a3 the wtal amount oi the sums secuced uam�ue[Y hefa+c,the u�icing,divided by(b)the fau market wrtue of tde
<br /> .��y�f��p�g. �ny 6aianoe sbaU 6e paid to Barmwer. M the evmt of a partial t�king of tha
<br /> Piv�pert�io which the fair market vaiue-of the Pnsperty isnmediatety befoie the talcing is tess than the amount af the sums
<br /> secu�d.immsdiacely�������►�BO�D�`ei��D�r otl�erwise agree in wrifing or.unless applicable !aw
<br /> nWerwise p�ovides.the pcooeals s�lt ix spplied to tbe sums secural by this Security Insuament whether or no�the tiums aie
<br /> . theti due. '
<br /> 'If tbe Pcaperty i.s abardaned bY Bomnwer,ar if,afcer nodce by l.ender ta�o�rower that the condemnor offers to make
<br /> . aa swaN or seuk a claim far dama�s+Bamwer fails io iespond to Lender within 3d days after the dau the notice_or to�the ,
<br /> Lerder is authorized to collect and apptY the Pe+oceeds•at its op�'°�.either ta restoration or repair of the Froperty
<br /> sums secund by this Soc�uity Lrsa�unent,whether or nat then due. ���_�� to nci shait not extend or
<br /> Unkss i.ader and Borzower otherwise agree in writing,any 3ppi' Pr�� Pn P� .
<br /> pastpone tAe due data of the idonthlY payments refetiM to irt paragraphs 1 anc#��r change t�e amow►t of such payments.
<br /> 11. BoRawer Not.Rekased; For6arana By l.ender Not a W�ivisr.' Exter�o�of ttie time for payment or
<br /> modifieaition of art�o�tizauion af the surns secured by this Security Insuument gtantpd byr.L�er w any successor ia inteirst
<br /> -- of Barower shall not opernts to nkase the Uability,of the original Barowa or BorroK�er�s succ�ssas in inte�es�.Le�er_
<br /> = sha11»o[be teqaiced to eommenet p�neeedings against aay successoc in inte�st or refuse w estend,fi�fac payment or
<br /> otl�wise modify aawrtization of the sams sccured by this Socarity Instivmeutby�.sott of any dematic�ma�Te by the ongmal, .
<br /> � gor�ower or Bormwer's successas in interest.•Any forbearance by L,ender,ie�;eae�ising�any right or reiriedy shall t�ot be a
<br />�=�a. waiver of ar p�ec�ixk th�exs�ise of any right or remedy. �covenants and ag;eements of this -
<br /> --• ' 1L Successors and As�n+Baqndt Jdnt and Several Li�bility;Co�nas. • -
<br />,�'��_ Secaray Insp�anent spaU tiu�d and 6enefit the suceeswss and a�signs of t.ei�der and Borrower.subject to the pnjvisians of `
<br /> - pazagrapb 17.8amwer�s covenants apd ag�eements shall bo joint and"se'vecal.Any Burmwerwhu co-sipRS this Securiry
<br /> Inswrtient but dces not execute the I�tote: ta)is co-signing ihis Security In��teument only ta mortgage.garrt and convey that
<br /> wrte
<br /> � g�w�����est in the property under the tenns of this Security lnstrumen� (b)is not personally oblisated to pay the sums
<br /> secured by this Security instrumers�and(c)agrees that l.ender and uny ather Borrower may ag�ee to cxtenct modify.forbear _
<br />_ or�nalce any accommadatic�ns witfi reSard to the terms af tfus Security instrument or the Note withaut that Borrower's
<br />� ��I.�i�, 1,o�n C6sr�es. If the laan secured by this Security In.mument�s subject to g law which sets maximum toan
<br /> -- charges.and that law is finally interpreted so that ttie interest or atheir loan charges collected or to be coltec'ted in connection
<br />"= with the loan exceec!the permitted lim��s,then: (al any saeh ioan charge sha116e reduced by the amaunt necessary to reduce
<br /> • the charge to the permitted limik and(b)any sums aiready coII:ctcd from Borrawer which exa�eded perts�itted lim�u will be
<br /> � refunded to Borcower. Lender may choose ta make this refundb}�reducing the principai`owed under the Note or hy making a
<br /> dicect payment to�olrower. If a refund c+educes principal,the reducaon wi[t be treated as a partial prepayment withaut pny
<br /> prepaymeM charge under the Note. -
<br /> 14. Notices. Any notice to Borrower provided far in thic Security Instrumem sha11 be given by delivering it or by �,-
<br /> mailing it by first cla.s.s mail unte!�s applicable law requires use of another method.The notice Shall he directed to the Praperty �
<br /> Addness or any othet address Borrower decignates by nouce to lxader. Any notice ta Lender shall be given by fint d�cs ��_�_-
<br /> mai!to Lender s addms�y stated herein or any other addre�.c L.cnder designates by notice to Barrower. Any notice pravided for �
<br /> in ihis Secariry lnsuument shall be deemed to have been given to Horrower or l.ender whcn given a�c pravided in this �_-
<br /> P��P� • �:�;'�._
<br /> � 1S. Governin�l.aw;Severability. This Security lnstcument �haU be gavemed by federal law and the t�w af the :'�-"_
<br /> ` � jpr�sdiction In which the Pcoperly is located. In the event tha�any provisian ar ciause of'this Security Instrument ar Ihe Nute • ,
<br /> ��.� co�:c�s with applicable law.such conflict shall nat affcct other pcavisions of thiy Sccurity Instrument or�he Nate which can
<br />• y' be grv�n effect without the conilictins provi�tiion. To this end the proviyionx af this Security Intitrument and the Note are
<br /> �:y.',` �eclared to be severable. �=�.;
<br />- • 16. Bor�ower's Copy. Borrower shaU ix given one coniarmed copy of the Nate and nf thic Security lnstrument. ';,;�,_
<br /> �;,,:!j IZ 'Iiranster otthe Property a'�Benefic�a�lnterest in Borrower. (f.dl ar any part ol'thc Pmperty or any intcrest in s.�:
<br /> :=::_ it�s sold or trnnsferred(or if a bcneficial imerest in Barroaer is sold or traasfcrred,and Bonawcr iti nat a natural penon) ��;-
<br /> • ;' wuhout Lender's prior written contient.Lendcr may.at i���ption,reyuire immediate p�yment in full of al)sums secured by -
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<br />- � ` this Seeurity Instrument. However,this option�hall nat 6e exerci.�ed by Lender if extrc�se is prohihited by federal law ac of
<br /> `•-"'' the date of this Security lnstrumcnt. ,
<br /> ` If Lender exetcises thiw opdon,Lender�half�ive Bonower notice oP acccleratinn. Thc notice shail provide a periad of
<br />,r:t';:;,.�r not less than 30 days from the date the notice is�eiivered ur mailed withitt whicl�Be�rruwer must pay aA tium+secured by this
<br /> 5erurity Mstrument. lf Borrower fails to pay these sum+pdor to the cxpirati��n �►f thi+ pericxl. Lcnder may in��at�e any
<br /> remediey permitted by this 5ecu.�r:Dntitrument�ithout funher ncitice�r den�and on Barcnwer. •
<br /> ; 18. Borrower's Right to Rti�tate. df Bnrrawcr mcetti cenain canditiom. Borrower�h�ll have thc right ta have
<br /> � 4 enforcement af th"s�Security lnztrument disca�:��::^ucJ at any time prior to the rarlicr o1: Isu 5 c1ay�lor such uther(►eriod�ti
<br /> , �: Singlc Famity••�anNe Viae�'Freddia�1at U�itFUR:N 11Si'ft1�NEti"P••Cnitnnu Cuvenanl� 9l9D /pax�J nje 1x�gr.r�
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