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<br /> �ondaruution or othar u�kiaa of any part of dn Property.a far convey�nce in lieu d condannatian.iu�e ha�eby�i�neci and , .
<br /> th�Jl ffe p�id to l.e�der.
<br /> In the event M a tatal Wc�nt ot�be Propeity.thep�oceed� �II be applied to the suma axu�rd bY this Sxurlry
<br /> ��t.wbqhe�o�.not then due,R,ith any exc�u p�id to Bortawer, In the eveM of�{Mnid WcL�$of tha Proparty in
<br /> which the fair tnt�et value oP the Pro�xAy immediuely beforo the takinQ 1�oqwl W w.graotar tlw�the Amount of iho sums
<br /> ■e�urod by thi�Sacudry Instrurtient immediuoly bcfore 1he t�lcing,unkts Bormwer�nd I:ender otl�erwisc�groe in writing,
<br /> tt�e wmi securod by this Securlty Inswment shai{be neducod by the�maunt of the pr�A multfplied by the fallowing
<br /> �• fraction: (a)the wra)u�wunt of the wm��ecurcd immediaely befon�he uking,divided by(b)the t�ir market v�lue of the
<br /> _ Praperty imtl�edfately before the mking. My bnlanee �hnll be pnid to Bnrrower. In the cvrnt of x p�tial taking of t6c
<br /> P�operty io which the fair mu�lcet v�lue of ihe Property immedie�ely befom the ctdting i�Icss then thc amoum of the suma
<br /> �• . securcd immodiately before the talcing,unle� Borrower nnd Lender atharw�co agn:c tn writing or unles: applicable law
<br /> ; ottip�wise provides.tho proceoda slWl 6e appliad to�he suma secu�ed by thip Sacurity Inetrument whether or nat tho sumi aro
<br /> then due.
<br /> If the H�opcAy is abat�daned by Bortower.ar iF.afur notice by Lendar to Bortower that the ccmdemnar.oifer�to make _
<br /> `i� an awaid or settk a claim far dAnw�es,Borrawer fdls to rc.cpond to Lender within 30 days after the date thn natice ia given,
<br /> L.eider fs authcxixed to collect and apply thc praeeeds. at its option,either to ro�toretion w rapair of the Property or to tha
<br /> sumx secured by thls Socutity Insawnent,w�r ar noc then due.
<br /> Unless l.ender and Boriower otherwise agra in writing,any application of proceeds to principal ahall not extand a•
<br /> po�tpone tho duc date af the monthly payments referred to in parographs 1 and 2 ar change the amount of$uch paymenta
<br /> 11. Borrower Not Rekaaedi F�b�araace sy i.ender Not a W�iver. Extension of the ti�ae far;payme�t or .
<br /> madification o�'amartizat[on of the sums sRecurod by Ihis Security Insuument granted by 1.ender to any�uccessar in.i�tet+est
<br /> _= of Borrower slwll not aperate to release the liabiliry of ihe or�ginal Borrower or Borrower�succeagons 1�t intcme&t.1.render
<br /> -°° shall not be rcquirod to commence prnceedings against any Ruccessor in interest ar refuse to extend tima for paya�ent.or
<br /> ---=-= otherwise modify amoAization of the sums secured by this Security Tnsuument Uy rear+on af any demand mode by the oriFinW -
<br />- — Borrower or Borrowerk successors in intcresG Any farboarapce by Lender in exercising uny dght or remedy shall not bc a ..
<br />- — waiver of or preclude the exercise oPany r�ght or remedy.
<br /> 12. 3uccessors And Assi�ns Bound;Joint and 9everall.lAbilltyi Casigners. The covenunts nnd ogreementa of this
<br /> Securiry I�snwnent shall bind end beneflt the successors ond assigns of Lender and Borrower, subject to the provisions of
<br /> .s� paragraph 17. Bamawerk cnvenants and agreemems shall be joint and several.Any Borrower who co-signs this Security
<br /> lostrumenz but das not exe�:ute thc Note: (a)is casigning this Security Ins�niment only to mortguge,grant und convey tiiat
<br />= Borrower�s inter�est in the F'roperty under the terms of this Secur�ty lnstrument; (b)is not personally obligoted to pay the sums
<br /> _ secured by this Secu�ily Instmment;und(c)agrees�hnt Lender and nny oth�r Borrower may a�rec to eatend,modify,for6enr
<br />- — or make uny accommodal�ans wlth negund to the tertna of this Security Inxttument or the Note wi�hout thnt Bomowerk _
<br /> _— consent.
<br /> 13. LoAn Chargea !f the loan �secured by Ihis Secu�ity Instniment ix nubject to u luw which sels maximum loun
<br />=_ - ��a�cc,and tha�law is finally interpreted sc�ttwt�ha intert�t or other la�n ch�rgex colleded or to be collce�ed in connection
<br /> :,. f� with the loan exceed the permitted Bmits,thon: (a)any Ruch lonn chnrge shall be reduced by�he amoun�neces�ry�o reduce
<br /> tFic charge to the pertnined limit;und(b)any sums ulrcudy collected from Borrower which eaceeded persnitted limits will be
<br /> 'i� refunded ta Borrower. Lender muy chcx�xe to muke this refund by reducing the principal owed under the Note or by making a
<br /> direct puyment to Borrower. If u reiund reduce�;principul,tMe reduction will t�e tr+eoted us u psutiul prrpayment wi�hout any
<br /> prep•rymem churga under the Notc.
<br /> 14. Notices, Any noticc�o Borruwer provided for in Ihi�Secumy Instrument xhull be given by delivering i� or by
<br /> mailing it by firsl cln�:s muil unlesx upplicuble law requires use of nnother methad.The notice xhall be dir�ctetl�o the Praperty
<br /> Address or nny other addre�s Borrower dezignuteF by noticc lo Lender. Any nntice to Lender tihsill br given by first rluss
<br /> muil lo Lender's Addrexs xtated herein�r uny rnhcr addmtix L.ender dezignatex b;notic+to Bornnwer. Any notice provided far
<br /> :�; in this Secudty Inxtrummt xhull bc deemed ta hove heen piven to Borruwer or Lendcr when given ati provided in this
<br /> -- parogrnph.
<br />- � •; 1S. Governing l.aw: Severability. ThiK Sccurity Inx�rumenl xhnll he guvemed by federul law And Ihc law of the
<br /> '` ,� juriw k�ion in whlch Ihe Rvpeny ir lui:a��d. In the even��hut:u�y provision or cluuu of�hi.Security Instrument or thc Note
<br /> :;�;;: con!dcts with applicable law.�uch canflict�hull n�x uffect other pn+vizionr;of thix Security Instrument or the Note which can
<br /> - be given rffecl wilhout the contlicting provixion. To thix end Ihc provixionx of�hix Sccurily In.trument und Ihe Note ure _
<br /> .. ��• declpr�d to be severnble.
<br /> -`•�";��'*1 16. Borrower's Copy. Burrowcr shull Fk givcn one cunPormed copy of�he Notc und of�his Security Instn�men�. -
<br /> �i;�;:~;;'��_ 17. 'Ihnsier oP the Propert,r or a BenePiclal lnterest in Burrower. If ull ur any pun of�hc Property or any intc�t��� in
<br /> f`="���i•" it is sold or tmnsferred (ar if u t�neliciul interc�t in Bormwer iti tio1J cx� �rrnnierrcd anJ B�im�wcr is not u nuturul penonl
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<br />._r��. withaW LsnJer i prior wriucn ron�ent.Lenckr mny,ut itr npti�m,rcyuim immediat�puyment in Full of ull sum+.ecured hy
<br />:";":i �his Security Instrument. Huwevrr,�hix�tian nhull not he exercixed by Lend�-r if'rxer+ri,e ix prahibiled by federal luw as of =.
<br /> � �;r��} the date of�his Security Instrumen�,
<br /> __�a�, If L.ender exercii;es this opticx�,Lendcr shull givc Borrower nntice of uccelerution. The n�xicr shall provide u period of
<br /> ` •��-r na less thnn 30 dnys fiom Ihc du�c Ihc ixnicc is delivrred or mailed within which Bom�wr�mu�l pay ull�umti u:cumd by this
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<br /> --_ Security In�+tniment. If Borrower fuils 10 puy Ihexe sum. �xior�o Ihe expir�tK�n uf �hi. �xrial, Lender muy invoke uny
<br /> _ �� �, remedics permitted by�hih Sacuri�y Inswmcnt without t'unher notire or dc:mand nn&�rruwcr.
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<br /> -�L���* 18. Borrower's Rlght to Rein�tute. If Bi�rrnwer meetx rertain cunJiti�m.. Borrawer .hall huvr thc righ� to huvc _
<br /> � enforcement of thix Security In.trumrnt di.cuntinueJ at •rny time priur io �he�urlier��f: (ul S Juy.r lor wch Wher periocl us
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