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<br /> candemnadan or aher tnkbQ af rny put of thc!'roperty,ot for convoyaxo in Iku ui cwxicmnation,are hcrcby wisianed and
<br /> rlwll be poid tc�l.endcr.
<br /> In the event oi A totnl toking of lhe Pn�peny. the proceeJs Khull be applieJ tu the numx r;ecured by �his Secu�ity
<br /> Inxtnuixnt,whether or not then due,with pny exresx puid ta Bomawer. In tha event of a puniul�akin�of the PropertY in
<br /> which the feir market vulue of the Pn�perty immediatcly beforc thc tukfng iw eyuul to or grcatcr than�he amount of�he xumv�
<br /> Focurcd by this Security Instrument ImmeJiatcly bcfiirc the tAking.unle�x Bormwcr und l.endcr otherwfsc agrce in writing,
<br /> �sums securcd by this Sccuri�y !ns«ument Khall be reduscd by thc umount of�hc prucecdr multiplicd by �he fullowfng
<br /> frnctlan: (a)the tolal omaunt of tho eumr securcd immediatcly bcfore Ihe tuking.dfvided by!b)ihc fai�murlcet vulue�f the
<br /> _ __-,---s,-,_� � prnpeey immediutely befare the iuking. Any buluncc shull lx puiJ to BnRawcr. In �hr event of a purtlul taking of thc
<br /> Property in whkh the fair murkat vulue of the Prupeny immediutcly befa�thc iuking i�le.x than tlx: mnuunt of thc sumti _
<br /> e�ecurcd immcdlately before the taking, unlesa Bormwer and Lender ahe�wise agrcc in writing or unlewc applicablr luw
<br /> o�herv►,�r,e proyides�the proceeds shall be applied�o the xuma xecured by tAia Secu�iry Insirumem whe�her or oot the sums un:
<br /> then due.
<br /> If the Property ia ubandoned by Borrower.or if.aftcr notice by Lender ta Bonower thut the condemnor offerx ta make
<br /> nn uword or rsetlle a cluim for damugea,Borrower fuilx to nexpand to Lender wi�hin:10 days aFter Ihe dute�he notice is giveo.
<br /> Lender is autho�ized to collect atd apply the proceeds,nt itw opiion,either to rextomtian ar icpuir af the Propeny or to the
<br /> aum�securcd by this Securlty Instrument.whether ar not then due.
<br /> Unless Lender and Borrower otherwixe ogrce in wri�ing,ony aPplicution of pmceedx�o principal shall not extend or
<br /> — pus�ponB the due deta of the monthly puymentR refemed ro fn puragraphR 1 und 2 or ch+u�ge the amount of r�uch payments.
<br /> = 11. Borrower Not Releasedi Forbearance By l.ender Not a Waiver. Exten�+ion af the tlme for payment ar
<br /> - " modificotion af umudireetlon of the sums secured by thia Serurity In+urument�ranted by Lender ro any ouccexsor in interest
<br /> of Borrower shull not operaie to relea.ce the liability of the originul Bonower or Borrower's�uccesxors in interest. Lender
<br /> shall not be rrquined ta commence proceedings ngainat any succc�xsar in interew or refuse�o extend time for payment or
<br /> - --'-" � otherwfe�modify amonizatbn af the sums secured by this Security Inctrument by reuson of uny demand mucle by the original
<br /> ��a Bot�wer or Borrower's successors in iMerest. Any forbearance by Lender in exerciaing uny right or remedy shall not be a -
<br /> ws�ver of or prccludc the exercise of any right ar remedy.
<br /> _'ti.7 12. Successora And Assi�na Bound;Joint and Several I.labfllty;Caxlgner�. The covenanls und agreementx of this
<br /> - -° Security In�+tnunem shall bind and benefit the succegsors und a44igns of Lender und Borcower,subject ia the proviKions af
<br /> �m� parngraph 17.Bortowenc �ovenants und egreements shnll be jaint und seveml. Any Borrower who co-higns�his Secudty
<br /> ' Instrument but dcea not execute�he Note: (n)is co-xigning this Security Instrument only to monguge,grnnt and convey thut
<br /> __,.� Borrower x Mtetrst in the Property under the terms of this Secu�ity Inqtn�ment; (b)ix not personally obligated to puy the�uma
<br /> secured by this Secu�ity Instrument;and(c)Agrces that L.ender anJ uny other Borrower muy ugrce to extend.modify,farbear
<br /> � or make any accommadations with nesurcl to Ihe terms of thia Security Ins�rument or tl�e Nae without thut Bornower 4
<br /> canRent.
<br /> ��;,� 13. Lpun Charges. If the loan secured by Ihig 5ecurity Inrtniment is subject to a luw which set� muximum loan
<br /> churgea,aixl Ihnt low is Bnally interpreted so thal the interewl or other loun cha�ges collected or�o be collected in connectian
<br /> "� with tha loun exeeed the pertnitted iimits,then: tu)uny:�uci�lodn charge shall ba rcduced by ttse smount necesw�ry to reJuce
<br /> - �. the churge to the permitted limlr,s�nd(b)ony sumF alreudy collected from Borrower which exceeded pr:rmitted Hmi�s will be
<br /> �._�s�. ' rePunded to Borrower. I.ender muy choose to muke this refund by reducinF Ihe principal owed under the Note or by muking a
<br /> ��,��:_�. _ . direct payn►cnt to Borrower. If u refund reduces principul,�he reducUon will be treuted a�u paniul prepayment without uny
<br /> •-�-�,;a,� , prepuyment cha�ge under the Note.
<br /> ;�,�_',,,, ! 14. Notices. Any notice to Borrawer provided fur in thf� Securiry Instrument shull be given by delivering it or by
<br /> �,�v�l,� n�uiling it by flrst cla�cw mvil unlesx upplicable luw reyuire5 use of uno�her method.The notice shull be directed to the Property
<br /> N�„�,�; Address or uny other uddresx Borrower designutex My nwice to Lender, Any notice to Lender xhall be given by fint class
<br /> p,.,..y^ys_-u�:��l muil to Lender�addrexs statcd hcrein or uny othcr address l.ender de+i�tnutes by notice to fioROwer. Any notice provided for
<br /> in lhis Security Instrument �hull be deemed k� huve been given ta Borrower ar Lcnder when given as provided in this
<br /> _.._���i�i paragrsiph.
<br /> - �t� 15. Governing Law; Sevet�abillty. This Security Inxtrumcnt �hull bc governed by fccicrul luw und thc law of the
<br /> ��:_�,-_ I iurisdiction io which the Propeny is locuted. In the event�hat uny provision or cluusc of thi+Securiry Instniment or the Note
<br /> ���.,��.4 j.�; con8icts with applicuble luw,xuch conflict xhull not uff'ect other pruvixions oithi�e Security Imtnin�ent or the Note which cnn
<br /> � be given effcct without the contlic�ing provision. Tu this end Qic pnwisiuns uf�hi� Security tn�trumen�und the Note are
<br /> =���:�'''"'`�- • � declared to be xeverable.
<br /> �`��,, r.•�. I6. Borrower's Copy. Burrower tihull t►c givcn onc confunncd cupy of the Notr und af this Srcurity Instrument.
<br /> : 17. 71rAnsfer ot the Property or a Beneflcial Interest in Borrow•er. If ull��r uny pan of the Propcny or uny interest in
<br /> � •� it is sold or trun�ferred(or if a bencficiul intcre+t in Bonowcr i.r tiold��r truntiferreci und Bormwer i+ nut a nuturnl perwn►
<br /> ---�"�:"� • without Lender's prior wriucn cunxent. Lcnder may,ul itti option,rcyuire immediu�c payment in full of ull sumti secured by
<br /> _����� tBis Security Instrumem. Howevcr,thi�option shull not be exerei,ed by l�enJe�if exercik ix prohibited by federul luw as uf
<br /> -� the date of this Security Ins�rument.
<br /> --�*�*e�ii: If Lender excrcisex lhis optiun,l.endcr shall give Burrower niNicc ot'accelcrutiun. The nrnicc shnll provide u perial of
<br /> ��'�.�' . not lesa ihun 30 duys i'rom Ihe dutc the notirc is dclivered or muiled wilhin which Burrowcr must pay ull sums,ecured by this
<br /> t, �� Security Instrument. If Borrower fuils to p•ry thesa zums prior w thc expiruti�x� of�his periai,I.ender may invoke uny
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<br /> Y:�-� � • �, remedies permitted by Ihix Sccurity In�trument withuut t'urther noticr or demund on Born�wer.
<br /> �-:~��'� ° l8. Borrower's Right to Reinstute. If Bam�wrr nuci� crnuin runJition,. Borruwcr shull huve thr right �o huve
<br /> ,�` ` i�t .;;� , eniorcemeni of this Securiry In.trumcnt diuontinurJ at uny timr pri�ir w the r.�rlicr ot: lu)S Juys(ur wch other pericxl u.
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