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<br /> �ondemmn�tica or adler t�ing of any pvt of Iha Property.or fa canveyaroe in Ibu of caidaiu�atia���ro�he.�eb�8 i�nad�nd
<br /> rball be pid to Laider.
<br /> In the event of a lotal ral�ing of the Property. the pnoceed9 ctWl lx appUed to the�ums secured by lhia Security
<br /> lnspumen�whet6a or not thcn due.with�ny exces�s pt�id w Sorrower. In the cvent of a ptu�tiAl mkL��of the Property in
<br /> whkh thn fiit matlet vdue of tha Property immedi�tely 6efore the talcing ia oqual ta or�e�tcr than the�mount of�he sums
<br /> �ocurod bjr this Security Inatrument immedirtely befor+a the ukinQ,unkag 8mrawer And Lender a6erwlae a�r�c in wridn�,
<br /> �ho wm��ecurod by this SSecurity Insuumrnt etwll be �+educad byr the�mount oI thep�o��ds multiplied by the folluwin�
<br /> ���..,_,,. hncllan; (a)the toul emoun�of Iho�uma socured im�s�odiatcly beforc the laking,dividcd by Ib1 thc fAfr nurket value of�t�e
<br /> Pr+aperty immedlaltly before the wlcin�. Any Iwlance sholl bo peid 10 Borrower. In�he evrnt of a panial u�kin of Iho
<br /> Prciperty in whlch th� irir m�rket valuc af the Propeny immediatcly bcforc�hc tatcln�I� leyK than the anount of�� rwmr
<br /> �ecurod immediotely befa�+a�ho u�kin�, unlexs Ba�rtower and Lcnder ahcrwixc agroc In w�itinQ ar unlcsr applicpMle I�w
<br /> otFKtwiso providcr,Itw procoed+►�iudl iw applled to ihe wmx Kcurod by thi�Serurily In�lrument whe�he�ar not�he cumr rro
<br /> -,�_�_ _-_ �b�ndua. .
<br /> If tho F'�opeAy ir+�med by Barrower,ar if,�+per adice by L.eixlcr tn Barcawcr tho��hc cundcmnor cili'erx to mukc
<br /> �n awsrd ar�ettic�cl�im fi�r d�ma�cx,Rixmwcr fafla ta rctipond to l.ender wi�hin 3ll dayK uRr.r�he daue ihc notice is given,
<br /> Lcnder ir Authariud to callcet and app{y Ihe proreals.a�i�s optfon.eiiher to�ucxuNnn or rcpuir af Ihc Propcdy or to thc
<br /> �uriu socurcd by�hi�5ecu�ity Ingtrumenl.whcther ar nc�t then due.
<br /> Unless Leruier and Bamwer atherwExe agroe in wri�ing, ony applicatian of procceds�a p�inclpal xhnll not ex�end or
<br /> po�pone the due da�e of the monihly peyments roferted to in parngrnphs I und 2 or change the umount of euch pnymamK.
<br /> 11. Bonowa Nal Rek�sedi Rorbe�na By I.ender Not a Waiver. Extension of the time for puymcnt or
<br /> madiflcation af amortixelion of'1he sums socurod by this Security Instrumenl granted by Lender to eny succexwr in intercal
<br /> of Borcower ehall not operwe to relcase the liabiliry of�he original Bartower or Borrawer�succe�sorR in interes�.l.ender
<br /> = ahall not 6e Rquinai w rnmmr�k�e pracxdings against any succacsor in intere�t or refuse ta eatond time for paymenl or -
<br /> -- otherwise madify wnortization of the Rums secured by this Security Insuument by reavon of ony demnnd m�de by the ariginsil
<br /> ,, Bortower or Borrower�succesr.ors in interest. Any forbearance by Lcnder in eaercising any right or remedy shull nat be a
<br /> waiver of or preclude the exercise of any right or remedy.
<br /> 12. S�iaeessas aad Assi�ns Bound;Joint and Several LiabiBty;Co-slgnenq. The covenan�s and agreemen�s of thix
<br /> Secu�ity Instrument xhall bind aod benefit Ihe successors and a.ssigns of Lender and Borrower.subject to the provisions of
<br /> �grsiph 17.Borrowerk covenants and agreemenu nhall be joint und several. Any Borrower who co-signs this Security
<br />- nslroment but daes not execute Ihe Note: (a)is co-signing�his Security Inatniment only to mongage,grnnt and canvey Ihnt
<br /> Bortowerk intcres�in the Propeny under the ternis of this Security Mxtrumenr, (b)is not perconally obliguted to pay the sums
<br /> -- secnred by this Security Ins�niment:wid(c)ngrees thut Lender and any other Borrower may agrce to extend,modify,for6ear
<br /> or m�ke any accommodntions with �egt�rd lo Ihe �erms uf this Security Instrument or the Note without that Bom�wer's
<br /> -��i consent.
<br /> `�`'� 13. l.oan Cdorgea If the loan�secured by this Security Instniment is xubject to a luw which sets maaimum loan
<br /> - charges.and that law is 6nally interpreted so Ihat the imerext or other loun chcugex collected or to be collected in conneclion
<br /> with the loan excced the permined limits,then: (u)any such bun chArse shall be reduced by Ihe nmount necessury to reduce
<br /> lhe charge to�he pertnined Umit;und(b)Any xums ulrefxiy collected from Borrower which exceeded permitted limits will be
<br /> �:as;; ret'unded to Borrower. I.ender may choose to make�his nefund by rrducing the principal owed under�he Note or by muking a
<br /> - direct payment to Borrower. If u refund reduces principal,the r+eduction will be uented as a puniul prepayment without nny
<br />_ prepayment charge under the Note.
<br /> 14. Notkes. Any notice w Borrowcr provided tor in ihis Security Ins�rumcnt shnll be given by delivering it or by
<br /> muiling it by first class mnil unless upplicuble luw reyuires u�e of another mc�hod.The notice shull be directed to the Property
<br />-_ Addrevs or any other address Barrower dexignute�by noiice w Lender. Any nolice to Lender shall be given by fin�clnxx
<br /> ����;;� mail to I.ender�t+ddresx stuted herein or any ather addres�Lender d�signatrs by�wtire to B�rrawer. Any notice provided for
<br />— :�. in Ihis Securily In�trument shull hc deemed to huve Bren givrn[o Borrower or Lender wi►en given as provided in this
<br /> _. — �g��,
<br />��r` ,�'•+• l5. Governl� Lpw; Severabillly. This 5cruriry Insirumcnt xhull bc governed by federul luw und the luw of Ihe -
<br /> � Jnrivlicti�n in which the Pmperly is laculed. In 1he event ihut ony provixion or clautie of Ihix 5ecurity Intilniment or Ihe Note �
<br /> �k�+�'��'�;`.i, "'' conflicts with u hcuble law,,uch conflict shull n�t affrct other mvisionti of this Serurit Instrument or Ihe Note which can
<br /> .°, '• � � . PP P Y _.
<br /> ";�''� +r �� be iven effect wiihou�ihe conflictin rovixion. 7t� this end the rovlcionx of�hi, Seruri� Instrument and the Note urr
<br /> .�,,r,• ��;� � RP p Y
<br /> � ' �:�o'
<br /> i,�;� '�'��.'.. � declored to be sevemble.
<br /> •a,,,�7��:j� 16. Borrower s Copy. Borrower zhall Ixr given onc conformed cupy of�hr Note und i�f this Sccurity Intitrumen�.
<br />- • �"• 1'7. 71�ansferof tUe Properly or a lieneficlul lnterect iq Bwrower. If•rll or any part of thc Pniperty or any interes�in
<br /> „t;;; '="��:�`'�; it ix sold or tranxfemed lor if u benetici:�l iNrrc+t in Born►wcr ix s��ld or trunsferrrd unJ Burrower i,not u nutural penon)
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<br />_;v� ���''•':-• c;,� without l.ender ti prior written conscrn,Lender may.a� it.o�ion,reyuirc immediatc p�yment in full uf all.um..ecun:d by
<br />_._, • �r•`;�,} �his Serurity Instrument. However,thix op�Hx�shull nut he rxercised by Lender il'exercixe i�prohibited Ny federul low a�of
<br /> , ; 4,:�, i; 1he date of thi4Secerity InstNment.
<br /> �'�"' If Lender exercisex this optiun,Lender xhall give B�xroaer noticc iif accelrrr�ion. The noticr,hull provide a periad oi -
<br /> �.• , -•:,.. :-
<br /> '= o.. �`�'��`•r nat less thun 30 duys from 1he dale the notice i.JelivercJ or nwil�d within whirh Bortower muxt puy ull sum+xrcured hy�hi+
<br /> , '? .:;s;���: '+'�9{
<br /> 's Y'-t Securit Mxtn�ment, If Borrowcr fails to a thek �um. riur�o the ex iratinn i►f�his rad, Lender mu mvoke un =
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<br /> . 't:;.,;,�.�,:. :.,,;;` rernediespermittedby this Securiiy Inxtrument withow f'unhcrno�irc�ir.kmaixl�M Bormwcr. _
<br /> ,i..;�.; _
<br /> - • ,:;;.'�.�y.rtiit;.,; 18. Borrower'.s Right to Reinslate. If B��rn►wrr mrct. rcnain r�mdi�iun+. Bi�RC�wer .hall huvc the righl Io have
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<br /> • •�,.;�.,�'°hr..��„�,{�,;�,,r cnfo�ement of this5ecurity Instrumeni clisro�itinurd ut any tim�priar to thr earlicr i�f: (:►I S da}••tar wrh�uhcr p►:riod a� _
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