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<br /> —• condemnalfan or other lakin�af wny part of�ho Pruperty.ur I'x convoyancc in licu ui'cwuicmnutiun,w'c Ikreby uvri�neJ and
<br /> �'- �Iwll bc paid to Lrndcr.
<br /> ° In thc ovcnt of u tutul�ukin� oi Iho Piropeny. �hc prucecda Hhull tre applicd tu tltc xumw xccurcd hy thix S�tiurlty
<br /> �,;��, Mxtniment,whethcr or not �hen duc,with any cxccxx pufJ to Burtower. In thc evcnt at'u purliul tuking ol'thc Pruperty in
<br /> which the fa�r murket value of the Prapeny immeJiutely befi���hc tuking ix eyuAl ta or grcutc�thun�hc umount uF ihc xumK
<br /> - — xecured by thiw Sesurfty Inr:trumcnt fmmediatcly befi�rc ihe�aking,unle�.Burn►wcr unJ Lender otherwiwc ogrec in wriling,
<br /> �__—�' ____'- �he xumK ne�:uad by Ihiti Sccurhy insirumcnt shull bc rcduced hy Ihe um�urn�►P�he pnxceJr:muUiplied by�hc Pullowing
<br /> _ ___� frartion: (a)the tatal umnunt of�he�umr sccurcd immedimcly hefure the tuking.diviJcd by Ibl the 1'uir murket vuluc of�hr �
<br /> Property immedia�ely t+efi►re the tnkfng. Any bulancc Ahul) bc puid ta Borrowcr. In thc event nf u pwtful tuking af thc `_
<br /> �ir� Propeny in which Ihe fuir murket value uf�hc Prnperty immediutely betore the tuking i�Icrs�han the umnunt uf the sum�
<br /> '— xecumd immediately t+�fore�he�aking, unleax BoR�wer and Lender wherwi�e agree in writing�u unless upplicuhla luw
<br /> -- '=�=-9 otherwise rovides,�h�pmceedx Kh�ll be upplied to the yums xecured by this Scruriiy Inxtnimene whclher or�iot�he xumx urc
<br /> , P --
<br /> ., �-
<br /> �' then due.
<br /> ��- ""�—�r� If thc Pmpeny ix ubunQun��l by BoROwer,or if,afler notice by Lendcr�o Borrowcr�hat the condcmn��r ui'1'er�to mukc �T_
<br /> qn uwnrd or scttle u cloim far dumages.Barrower failti to respond to L�nder wi�hin 30 duyti idtrr the dutc thc notkc ir given.
<br /> ---a� Lender ix uutl�orlud to collect and upply�he pmceeds,ut its optfan,eilher to rcsturutiun ur rcpuir of the PropeAy or�o�he —v
<br /> suma secured by thix Security Instrument,whether or not then due.
<br /> • Unless Lender und Bartawer aherwise agree in writing,uny upplicu�ion of proceedx to principul tihull not exicnd or
<br /> ` -��::.,� pastpone the duc dute of the monthly payments rcferred ta in parugrup�i,l und 2 or changc thc�mount of such puymem�. �-
<br /> - ,,;,�,�,: �- 11. &►rrower Not Rcleased; FnrbearAnce By Lender Not a Wpiver. Ex�en+�ian of �hc timc Wr puyment ur
<br /> _ _,��. madificutlon of umortization of Ihe sumg xecured by thix Security Inxtrument gmnted by Lender lo uny succertiar in interest
<br /> ' -�_:•�:; of Borrower shall not operola co releuse the liability of the orisinul BoROwer ur Burrower c rucccstion: m interest.Lender �
<br /> �=��•— shall not be requireJ ro commence proceedings against nny succesxur in interetit or refuse to extend timr For puyment or �
<br /> _ :�?�='�;.�• atherwise modify umartizution of the sums secured by this Securiry Inx�rumen�My reaxon of any demand mnde hy the originul �
<br /> ---- � '"'�" 8orrower or Borrower's xuccesxorti in interest. Any forbearnnce by Lender in excrcising uny right or rcmedy ahull not be u
<br /> -�'-���y��.:_� waiver of or preclude thc exercise of uny right or remedy.
<br /> �
<br /> ��{,y�.�. . l2. Successors And AssiQna Bound;Juint and SeverAl I.iabllity;Co-slgnera. The covenonlx and agmememti of�his �^
<br /> � �„_;;;�. Security Instrument xh�ll bind and benefit the xuccetisor�:u�d uxtiigns of Lender and Burrcrwer. xubject to the provi,ions ot' `:�
<br /> - __-`�;?'•s�. ' pnrogrnph 17. Borrowerr covennntr and ug►eements shull be joint und severul. Any Borrower who co-signh thi+ Securlty _
<br /> =�=•';�,;x Inatrument but does not exccute the Note: lu)is ca•signing thiti Security In.rtrument unly to mongugc,grunt und convey thut
<br /> �"'''"`��;�;;,,�r;� Borrower g interest in the Propeny under the terms of thi+Security Inrtrument; lb)ix nat per�onully obligu�rd�o puy the sum.�
<br /> � secured by this Security Ins�rument;and(c►ugrecx thut Lender und any other Borrowcr mny ugrce to extend.m�xiify.Parbeur �_'
<br /> -���m:sW:�y/r. . ---
<br /> .,.:'�;,r�. � ar make uny uccommodutions with negurd ta the tertn+ of thir Security In�trument or Ihe Note wiihuut �hut Borrower: _
<br /> _.1 x, COR&Ciit. �.
<br /> - ��'ry-�=� 13. LoAn Charges. If the loun securcd hy this Securiry Inxtrument is subject to u luw which �etx muximum loun __
<br /> _ .. �
<br /> �;,;?� ��<< charges,and Ihnf law is finally interpreted+o�hat the interest or other loun rharge�rollec�ed or ta be collected in conncetion __.
<br /> �; '::.:i:..; ,
<br /> ��.��,;:•:•`�Y,;�, : with the loun ezceed the pem�ineJ limitx,lhen: lu)uny such loun churgc slxdl tx reduced by the amuunt neceszury to reduce
<br /> -��'� �:,j,,;.;>, the churge to the permined limi�:und(b)ony sums ulreuJy collrcled Gom Bom�wer which excceded permiued limit+will be —
<br />�_x`�: ,;;w refunded a�Borrower. Lender muy choose w muke thiti refund by reJuring�he principal uwed under the ftiote or by making a
<br /> ' :,u ,, •� ,, . ' dircct puyment�o Bonowec If u refund rcduccs principul,the rcduction will hc trcuted us u purtiul prepuyment wi�hout uny .
<br /> ����,,,;�;o,.:' ��: prcpuyment churge under the Note. •�_-
<br /> ___�;*�`�_�, �`�i• l4. Notkes. Any notice tu Borrow�r provided for in this Seruriry Inslrument �hsdl i+e givcn by delivcring it or by �•
<br />--- muiling it by first clu�s muil unless upplicuble luw reyuireti use iif unother mrthcxl.Thc notice.hull txr directcd tu the Pro�xrty
<br /> �:��� '��`' � Address or any other uddre�x Borrowrr dcsf�nute�by rn�tice to Lcnder. Any noiicc lu I.cnJer shull lk given by �r.t clusti �.;:.•
<br /> � muil ro Lender's uddre.s slulcd Ix�rcin or uny othcr uddrtitis Lrnder dc+ignu�e.by noticr to Rarmwer. Any n��ticc provided for -"`
<br /> �' �' �+i�, �• �� • in this Security Inxtrumcnt shall tx Jeemcd tci h�rve Ixen given 10 Borrower ��r Lenckr when given us �x•ovided in thiz �!`--
<br />- - r��"'c�'" purugrAph.
<br /> ,'� '""�" '"��� � 15. 4overninR I.�w;SeverubOUy. This Securiry In,lrumrnl �hull bc g��vcrncd by federul luw und the �aw �d' �hc �_
<br /> .���...� e tP"ik��_ ,
<br /> .;,,,„7 ���,. ;ti, jurisdiction in whirh Ihe Pruprrty i+kxu�ed. In�hc cvcnt�hut uny provi+ion or cl�iu.r ot'ihi�Securiry In�tnim�m�ir the Notc �_
<br /> conflicts with upplicuble luu,tiuch conlli�t shull not uflect��ther pruvi.ionr uf�hi.Securi�y Imtnroxm or�he Noie which run �,_�i
<br />°',;,� '''�r41;•' � " I be given effect without thc cnnflicting provision. To�hix cnd thr pnwitii�m.ot'ihix Scrurity Instrument und ihe Nole ure _
<br />`�-` + `�"'" � declured to be sevcrublc. �.
<br /> _ �,� - .•� o�- 16. Borrower's Copy. Borrowrr.hull tk gi�•cn onr cunfomicJ r�ipy��f�hc Notr unJ af thiti Srcurity Imtrument.
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<br /> ° : ..f�,. �.•,,., 17, '11�ansfer uf Ihe P�operty or a Beneficfal Inlerext in Burrower. If all ur unp pun of thc Pro�xny nr any intcrc�[in =__
<br />, ` S+ ' � it is sold or trnn.fcm�d(or if a hcnciiciul inlcrc,� in Borrowcr ix.aW ur Irlinytcrrcd und Born��vcr i�nrn u nuwrul perour.l c_
<br /> . ,,.�: '„*.�r-'"�.':`;�� �:._
<br /> `':�,;� � . withaut Lender's prior wriucn cun.ent.Lcnder muy,u�it.o�Nion,reyuirc immcdinlr pirymcnt in t'ull ot'ull sum�scrured by
<br /> '>i ;'-��-� •�•� this Securiry Imtrum�nt. Howevrr.lhix optiun�hull not tx exrrci.rJ My l.endrr i(excrri+r ix prohibited by Federul lu�v ux oi' _
<br />. . ' ��.. .1.�
<br /> '�,�;�,.•�p- the date of�hi.Security Im�n►nunt. �``'`
<br /> IP Lender exerciu�thi�nption.Lendcr shull givc Rorn�wrr notirc of iucclrrutiun. Thr nuticc xhull prrnidc u�xri��d ot' �
<br /> •°' � nat Icsx�hun 3O duy�fmm Uir Jatc thc noticc i.Jclivrr�d or muilcd wiihin whirh liurrower mu.�pa>•ull.um�ucured hy thir _
<br /> ... r:L-',�. . ��
<br /> , _ Sccurity In+�rwnem. II' Borrowcr fuils to puy thr.e .rum. priur t�, thc cxpirati�m uf Ihi,�xriixl. Lrnder may invoke uny
<br /> '�J:'u�r" ,.., remedics permittcd by this 5c�urity Intilrwnrnt withoul I'unhrr nalirc ur Jcnu�nd un Horro�vcr.
<br /> �^� 18. Bnrrower's Ri}�ht M Reinxtute. 11' 8orrow�r nmcts crnain rondi�iun.. B��rn�wcr >hull huvc Uic right to huvc ���
<br /> • enfor�enxn�of thix Security In+�rw�xnt discon�inued a�nny timr pri��r lu Ihc r.�rlirr nl`. (iil 5 duyti 1�►r+urh ather�riixl u� _
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<br /> �, tiin4k hamdy••M'unnle S1ue�F'reddk�1uc l'\IFIIR\1 I\ti'1'Rl'\1F.\1'�-l nitann('a�.nam. 4�911 �1xi.er J��f��p,�.c,•�� ��
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