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<br /> candemn�tloa or otlxr tdcin�oi'any pwt of the Propeny.or Yur conveyAncc ln deu of condcmnation,ar+e hereby ussi�ned and
<br /> rb�U bo p�id W L.end:t.
<br /> In 1he ovent ot a total txking af the Prap¢rty. the c�eds xhall he opplied to the aums recurcd by dtia Security _
<br /> Inatrumcmt,whether or nut then duc, with any eacess pai ta Bomnwer. lo the event of u purtiul taking of the Property in '
<br /> whfch thc fi�r muket vulue of the Propeny immedia�cly befa�e the taking is eyual to or greater than the um�wnt of the surns
<br /> aecurc.�l by Ihis Sccudty Instrument immediately beforo the taking.unlesx Honowcr w�d Lendcr o�henvise ugree in w�i�ing,
<br /> Ihe nums r�ecured by lhis Sccudry In�trument shall be rcduced by ihe amaunt af the praceeds multiptied by the following
<br /> frnctions !ul thc totel amount of tho xums secured lmmediutely before the tuking.divided by(h)thc fuir ma�st volue of thc
<br /> �� ���T' PmpeKy immediptely 6efot�c �hc takiog. Any balance �holl ba pAid to BoROwer. In the event of u ponial taking of the `�
<br /> Propchy in which the Poir market value of the Property immediutely before�he�aking is less than the amount of the surns
<br /> -- secu�d immediatcly bcforo the tak{ng, unlesg B�rrower and Lender athervvine agrea in wrl�ing or unless applicnble law _
<br /> otherwisa providex.lhe proceeds ahull be applicd to�he aume secured by thia Security Inwt�ument whether or not the sumR ane
<br /> �hen dua.
<br /> �- - If Q�e Prop�ny le abandoned by Bnrrower.or if,ufter notice by Lender ta 8arcower Ihat�he condemnar offer�to mske ---
<br /> an awnrd or settb u clnim Por damagea,Borrower fuils to respond to Lander wUhin 30 dayx nRar thc dute the naticc is given, _
<br /> Lender is uuthorized ta collect nnd apply the proceeds,at itF option,either ta regtorution ar repuir of the Propeny or to the
<br /> �ums secw+ed by this Secu�ity Inslrument,whether or not ihen duc.
<br /> Unless Lender and Borrower athernf�ng�ee in w�Iting,uny application of proceede to principol shall not extend or �
<br /> pos�pono thc due dute of thc monthly payments refRrmd to io purngrnpha I xnd 2 or change the amcwnc nf such payments.
<br /> 11. 8orrower Not Releasedi Forbearaoce By Lender Not A WAlver. Extenhion uf Ihe tfine for puyment or
<br /> modiflcation of umodization of the sumx secured by thiR Secu�ity Instrument grnnled by Lender to any Fucces+or ia interest
<br /> - of Barower shall not operate to releASe�he liability of the ariginnl Bonower or Borrawer's successors in interest. Lender
<br />' shait not be r�quired to commen�cc procce�in�s Aguinst Any �uccessor in inlerest or mfur,e ro extend Iime fnr payment or �__
<br /> cwQ�erwlse modify umortization of the sums secw�ed by this Security Ins�rument by re�.san of any demand mude by the original .�;.,,_:
<br />• Borr�nwcr or�Bcwrower's successars in intetest. Any forbeArunce by LendPr in exercisin� ur+}�rigMrar remedy shull rrot he u -..."'
<br /> � � wAi��er of ar preclude�fie excrcise of any right or remc;dy.
<br /> • 12. Successors Aa�d Asslgtts Bound;9o��t aad Several LlAbfli�y�;Ca•algnere. The covenAnt++ind agreement�af t'his
<br />__- _ 'Seci+rity lnslrument shafl bind and benefit the suc�easors And assiga.4 of L�nder ond Bortower,xubjec�to the prnvisions uf �`��
<br /> puragraph 17. Bonower�covenants and agreements shAJl be jaint and several. Any Bor:nwer who co-signs this Security
<br /> ^ lnsuum�nt but does nat e�ecute the Note: (a)is co-signing thi�Security Instn�ment only�ta mort�agQ.grunt and convey thm�
<br />''�: Norrowcrl�interest in the Propeny under the terrns of this Security ln9tmment; (b)is not persanally abligated to pay the surns _
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<br /> ,:_�, ,secured by�his Securiry Tns�rument;and(c)agrees that L.endcr nnd any other Borrower may agree to extend, y. or ar _
<br /> _ or make any�accommaialione wilh rega�d to tFie terms•of this Security Ina�rumem or the Note withaut that Borrawer's
<br /> .' . ; consen�.
<br />'"J.` ','�� 13. l.oAn Charges. I�the loan secured by this 5ecurity Instrument is sub,ject ta u law which sets muximum loan !��'�
<br /> - �—,ir��y;: -; -� churges,and that law rs tinu,l9y interpreted so Iha�tin inleres�or uihcr iv;ui ci�u+gea coi�ecied�x ia lX coifecie�ia connccron ,--
<br /> '-•'•�' with the loon exceed the permi�ted limit�,then: la1 any�uch loun chtUge�hall be reduced by the amount necessury to redu�ce
<br /> �;;•. 1he chn�ge to the permitted limit;and(b)ar,��sums ulrendy collected frc�m Bomower which exceeded permltted limits will[x _
<br /> ��'• refunded to Borrower. Lender mny choose to moke this refund by reducing thc principal owed under the Note or by makins a
<br /> `'' direc�payment to Borrower. If n refund�educes principal,the reduclion will be trenteJ iu+u partiul prepayment withoul any
<br />" prepnyment charge under thc Note.
<br /> , 14. Noticee. Any notice to Borrower provided for in �his Sc�curi�y Inxtrument�hull be given by delivering it or by
<br /> mailing it by fint clu�s mall unlcyz uppliruble luw reyuir�x u,c oi unother method.Thc notirc,hull bc directed ta the Property
<br /> Address ur uny other address Borrower designules by natice lo Lender. Any notice to Lender zhull be givrn by firnt cluss _
<br /> muil to LenderK address xtated hcrcin ar uny othcr uddress Lender dexignulrx by nolire lo Hurn�wcr. Any noticc pmvided fcx ��;
<br /> in thix Securi�y Inxtrumem �hull bc dcemed to huve F�en given t�� Bom�wcr i�r L.cnJcr when Riven ,�� pravided in�hix —
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<br /> �`�!�;,*�;;' 1S. Coverning l.awt Severabillty. Thi.Security In.trument zhall bc govcrrk�i t+y 1'eJcrul luw und Ihe luw of the -
<br /> � judsdictian in which Ihe Propeny is Ic►cuted. In�hc evcn��hut uny pravixion or cluu.e uf�hi�Sccurity Inurument or the Note �'-'"
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<br /> cun0iclr willi upp{icubie law..u�i�w��0i�t.huil nut affcct othcr pruvi.r•icm�uf�hiti Scrurit�•In�trurncnt or thc Notc whirh�:sn
<br />� �,'�_,�; �r� be given efPecl wilhaut Ihe conflirting provision. To�hin end Ihe provi�i�nn of ihis Scrurity In,trument und the Nwe u� �_�--
<br />` ; • declared to be 4everable. :,�-zi=.
<br />" �- ' , 16. Borrower'R Capy. Borcower shull be given orer ccx�formed copy�+f N�e Notr und nf�hiti Security In�trument. ,,�
<br /> .,�t'i� ,. -. 17. 7hAnsfer otthe Property o�a Beneficlal Interest in Burrower. If all or any pun af thc Prc►pcny ar any inlere�t in
<br /> : � it is sold or trswsferred (or if a lx:ncficiul interesl in BoRUwer i,xold nr tran+frrn:d und Born�wer in not u nulurul peMOnl �
<br /> �'� .
<br />_ �� +� ,"<� � wfthout Lenderl prior wrinen consenl,LenJcr muy,u� i�.np�ion.reyuire imrn�diute paiyment in full of ull zum� �ccurrd hy
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<br /> , ,y�, w.� this Security lnstrument. However,thi�aption xhull no�bc exenised by l.ender if exercihe in pmhibited by federnl law sK of r^:
<br /> 't' `��� • �he dute of this Securi�y lnstrument �__
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<br /> - :��•'���'�` `• �� If Lender exercities this opticm,Lender xh�ll givr Durcower n�Mice of uccelerution. Tfk:no�ice shull prcwide u periad of �':��.
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<br /> • ��:.,,z:-�. •. not le4s than 30 doys from the daat thc:natice is delivered or mailed within wbich Borrower munt pay a�lt wmti.ecureJ by�his _---
<br /> .�, ' ;�► � Security Ins�rument. If Borcower fuils to pay these sumti priar to tfK expirution of�hi. periixi,Lender muy invoke any ___
<br />_ �:Mo.- .' remedies permitled by tEeis S�ecarity(mlrumena with�►ut furtt�r notice c�demand nn Born►wer. --�
<br /> _' ' „l,;.�.k•.._.� 18. Borrower's Righ 4o Rein�tatt. !C Bortower rt�et.crrt:+��o condilions. Borrcaver xholl hnve the righl tn huve R�`-'
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<br /> �:',.�.,�.,.�,� enforcement of this Securiry➢nstrumrm di�cantinucd;�t am tirrw prh�r tn Ihe earlicr c�f: lul 5 duy+(or xuch other peric�l a.
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