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<br /> condemnatfon or dher ukin�of�y pat ot�he Pmperty,or tor coevey�ioe in Iku af cand�ion.aro he�by r+ipwd+wd
<br /> �il ba p�id to I.eeder.
<br /> In eho avrne ot�wul udcfn� of�he Piop�cy� �he proc�eed� �wll be �pplkd a the wim .xwod 6�y �his 3ecurky
<br /> lnst�wnent,wbdher or not die�due.with my exces� pdd w Borrower. In tho evmt of a p�rtid takins of 1ha Propeety in
<br /> — which 1he fiir mrricet vdue of the i4openy immediateiy befa�e tho t�ln�i�eqwt w a�nerter 1lun the arrwant af the wnu
<br /> eecured by thir Security Inauumeat immatistely beforo the udcing,unksa Borrower�nd l.ender atherwise�roo in writing.
<br /> Ihe wms sxurcd by 1hi�Security In�truma�t sludl 6t rcduced by 1he unount of lhepraccedc mul�iplkd by tho follawing
<br /> 5action: 1�)the toW anwunt ot�he cwns�ecyrcd inunediauly beforo tho Wcfng,divi4ed by(b)tho fair rtWrket v�lue of tho
<br /> -= Propaty immedlately bcfo�e tlie talsing. My balerx�e�hall 1+e pnid t� pntmwer. In the evar�t of a partial ukinp�of the
<br /> Property in whkh tha t�ic m�ritet value oi the Property immediuely beiore tha taking is less Ih�n�he anKxint oP the wnts
<br /> secwed immedi�tely bcfixe the taking, unlcs� Barcower wid Lenikr dherwfse a�+ec in writin�ar unless�pplicMblo bw
<br /> al�erwise prc�vWess.the p�ncad�shdl bo q�plied to tbe wmr�ec�uod by thi:Secudty In�trument whe�her or not�he sums arc
<br /> itien due.
<br /> If the Prope�ty is abandar�ed by eomnwer.or if,afler aotice by l.ender�o Bortower�hat�he caodemncN affe�s to make
<br /> _J an awud ar senle�ctuim for dama�es.Hwrowcr iail� ta�spat�J iu LniKir�wili�fu 30 J�y.uftee the datc thc ncstfx is�ven.
<br /> ----- Lender is authorized to cailxt und app}y the pmceeds.at i�s op�ion.cither to�rstarnlio�or re�ir of�he Property a'to Ihe
<br /> wms securcd by this Securlty I�suument.wbether or nat lhen duo.
<br /> Unt�ss l.ender and Barower aherwise agrec in writing. any ap licution of pracecdg to pdncipul xlwll rat extend or
<br /> °°- pustpoc�a the due date oi Iha nxxnhly payments referrai w i n parAgmphs 1 and 2 or change the amouot af such pxymeots.
<br /> -- tl. Rorrower Not Released; Forbeamoa By Leade� Not a Wwlver. Ex�ension of the time for payment or
<br /> - modlfication of arnadiaation of the sums secured 6y this Security Ineuument grnnted by Le�der to any successor in intercst
<br /> of Bomawer shall not operato to rekase the liability of the original Bwrnwer or Bortawer3�successors!n intercst. Lender
<br /> - sholl nat 6e re4uired to commence proccedings agofns�any successor in inteiest o�refu�e to extend time for payment or
<br /> otherwise modity amortization ot'the sums secured by this Securiry I�swment by�ra.�un uf.uiy demand made by thc originK{
<br /> - --'�� Bormwer ar Bomower's successora in interest. Any for6earwice by Lender in eaercising any�ghl w remedy siwll not be a
<br /> waiver of or pieciude the exercise of any right or rertxdy.
<br />�__.Q 12. Successors aad Assigns Bound;Joint and Several LlabpUy;Co-sigicers. The covenants and ugreements of this
<br />-, Security Insuvment shdl bind and benefit the successas sind essigns of Lender und Bom►wer.subjec�to the proviaions of
<br /> � paragruph l7.Borrow�rk covenant,And agreements shal! be jaint und several.Any Bomawrr who co-signs ihis Security
<br /> Instrument but does not execute�he Nde: la)is co-ai�ning�his Security Insl�ument only ta mortgage.granl and convey that
<br />- Borrower�s interest in tl�e Property uader thc Icrms of�hi�Security lnstrumem; (b)is nM personally obl igated�o pay the sums
<br />'�y secured by�his Security Inslrument;nnd(c)agrees ttwt Lcndcr and any othe�Bortower may agree�o extend,madify.forbear
<br /> �,.. or make any accommadations with regord to the terntc of this Secudty Insuumant or the Note withow �hnt Borrower'§
<br /> . � �,�}��� consent.
<br /> 13. Loan Ch�rges. If tfie loan�ecured by this Security In�trument is subject to� law whkh s�ts maximum loan
<br />' w.`` ��_ charges.und that law Is tinally inter�xeted so Ihat the iaterest or Mher loan charges collecred a to be collected in connection
<br /> with the loan exceed the pemiitted limits,then: (n)any such lovn charge shull be reduced by the�nount neressury to reduce
<br /> ; �:r; the charge to�he permiued limir,and(b)Any sums uln�aly collected from Borrower which exceeded permined limits will be
<br /> retundad to Bom�we�, l.ender mAy cha►.e lo mahe this refund by reducing the principal owed under Ihe Note or by muking u
<br /> � :.. ,, r :':`s:_.�"; direct pAyment to Barrower. If a tiefund reduce�c principal, ihe teduction wlll ba treuted a.a partiol prepayment without uny
<br /> ' ' Y""�;a' re ment chnr e
<br /> .,�. _�„�,•Y„� . p pay g under the Nae.
<br /> „• , .�..r.., �,.v�..., l4. Notices. Any nolice to Borrower pruvided far in thiti Security Instrument.h�ll be given by delivering it or by
<br />- �y'':`i�"�°_�' •' mailing it by fint clas�mail unless upplicnl►le luw rcyuire�uxe of anuther methud.'ll�e notice shall be directed to�he Property
<br />' '` " °''r'r�=r..�•��•. Addrcsx or Uny other uddrexs Bomower J�.igns�tes by nntice to Lender. Any notice to Lender shall he given by fir.��clucs
<br /> ...�:-+`. •r���•.
<br /> . �''�'<• �'?'�-�• mail lo Lenderk uddress stated hemin or any other adJ�ss Lenderde,ignule�hy noiice io Borcuwer. Any natice provided for
<br />-- in this Securiry Inwrumrnt.r•hnll 6e deemed to have 6een given to Borrower ar L.ende� when given us pruvided in this
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<br /> _ q .�?y}:'1';;.,�" IS. Governing I.aw;5everobilNy. Thix Securi�y Instrument xhull be govemed by federal luw and �ha luw of the
<br /> . -,. ���,��r� jurisdiciian in which the Propeny iy lauted. In Ihc evem thui any provision or cluuze af thi�Security Ins�rument or the Note
<br /> �,'�?�. conflicts with upplicable luw,such conflict tihull nat afiecl u�her pr�wisie►ns oi this Se�urity Imtrument ar th Note which cun
<br /> I� ° be given effect withoW the conflicting prnvirion. To �hi:; end the pmvisiam oi thi.r•Securiiy in.►rumeul a�nf d�n tiuln u�C
<br /> -. 'F���.',�'�:�' declsucd to bc scvcrablc.
<br /> . �.i''� ;;+�;;f�a;;�'' 16. Borrower's Copy. Borrowrr shull tx;given on�conPom�ed�opy ol'the Notr and of this Security Inytrument.
<br /> }� � ,,:,,k���-_ • 17. 7lransier of the Property or a BeneficiAl Interevt in Borrower. If ull or uny pan of the Piupeny or�+ny intarest in
<br /> .{ .•.-•:� it is xold or trunsferted lor if u benefiriu) intcrc.t in Horrowcr ix sold or tr•rn.f'crtrd and Bom�wer is nat a naturu) penon)
<br /> - �` -s.�=� ": -� without l.cnder.L• prior writ�cn ronsem,LenJcr ma►•.at il. opti�m,reyuirc immedirtc payment in full of alt sums x�cured by
<br /> " �.`' � . ��;,....�;� �his Securiiy Im�rument. However,�hix oplion zhull ncd bc-exerci,ed by Lender if exerci.e is pmhibited by fedeml luw a�of
<br /> " • •._ �, the dute of this Securiry lnstrument.
<br /> -• ,; , If Lender exercixes this option,Lrnder xh�ll givr Ik►rrowrr nrnice nf uccclerution. The ii��icr tihull provide a periud uf
<br />;;.:' .:.. ' not lesx thun 30 duys from Ihe date the notice i.�klivend or muileJ wi�hin which Burrow•er mu.t pa�•all+um+sc:cured by thix
<br /> :�• �'����^��. ::: • 5ecurit Inxtrument. If Borcower fail. to r �hrse �umti riar 1�� the cx iralion��f�hi. nixl, L.�nder mu mvoke an
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<br /> � . ' remedies pennilted by thix Securiiy In.trunkm withauc further noticc��r Jrmnnd an Baxrowcr.
<br />-. • 18. Borrower's Rf�ht b Rein�tate. If B��m�wcr nuets certain conJitiiai�. H��rr��wrr .hull ha��e the rigM co h•rve
<br /> . •. enforcement of this Security Instrumem Jirrontinucd at any iime prii�r tn Ihe curlicr ot: (a►S Jays tor xurh oeher periai us
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