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<br /> oonaemn.Uun o�ak�u�in�of�ny p.n or 1he Prnp�ny,�r r«ounvey�nae i�Neu ar�d�ibn,+w Iwnby�r.I�n.a+.e
<br /> ■bdl be p�W to Londer.
<br /> In �he event of r ta�l t�icin� oi tho P�vpeny,tho pr+aceedr�II be �pp8ed to the wme�ecured by �hie 3ocurlty
<br /> Inqnunenl,whoihcr or nut thcn duc.with rny oxce�s p�id to 8arrower. In tho evcnt uf a p�rtfAl t�king of tho Property in
<br /> which tho t�i�m�rket v�luo af�he Propeny immedlalely befare the UkinY le equal to or grcatcr�hNn tho amount of tha wms
<br /> secwrd by Ihis Secudty In�trurnent immodi�toly bcfa+c tbo tdcing.unk�x Bcxrower wid l.ender othcrwixe wQroo in wNtinR.
<br /> _. �.�� �- the xumN eerurcd by�hix 3ecu►ity tnnuumen� Rhelt hc Kduced by ilw em�»ant oP�Me �eair+multiplial by�hc fnllc►winy�
<br /> f►�ctbn: (�)the Iotal unount of Ihe aumK sauRd immedi�lely befae thn taking,dfvided by(b)tha fiir market v�lue of the
<br /> _ Ropatty {mnxdl�tely bcforo ihe t�king. Any balanca ahwll bo puid to Borrower. In the evem of a parti�l uking of tho
<br /> Property in which �he fair markct vnluo of�he Propetty immediotely befwe the taking iw less thon the amount of ttio Ruma
<br /> secused immedi�tcly before the wking,unlesa Bormwcr And Lender aherwisu agrec in writing u�unless applicuble IAw
<br /> ott�erwlso provides.�he proceeds shull 6o Applied to�ho suma cecur+ed by this Security In4Uument whether or not the sum�arc
<br />- _- -- - _, U��due. _
<br /> ___�___s if the Praperty is abandoned by Borrower,or iP,after nwice by Lender to Borrower thut the condemnor affers to moke
<br /> an awuM or seqb a cleim for dwmges,Borrowcr ihils to respond to Lendcr wlthin 30 Aays uflcr�he dnte the naicc is given.
<br /> Lender is authoriud to callect and apply the procceds.at ite option,eithar to�storation w rcpuir of ihe Pmpeny or to the
<br /> sums secured by�hia Security Instrument,whether or not then due.
<br /> Unless Lender and Borrower ottierwise agrce in wriling,any upplication of proceeds to principa) shall not eztend or
<br /> �� postpono the due date of�he monthly poymentR rcferral to in paragmphs 1 and 2 or chnnge the umount oF such paymenta.
<br /> 11. Borrower Not RekASed; �orbenrance By Lender NW a Waiver. Extensian af�hc timc for paymcot or
<br /> - modificution of Amonizatian of 1he sum.s securcd by�his Security Instrument granted by Lender to any succes.car in interest
<br /> °" — of BoRUwrr�i.ali �iK uprr.'e tu rci� ise �he liub��ity uf�he origina)Bom►wer or Burrower's xuccessors in intercst.L.ender
<br /> shall not be reqnired to commence proceedingh ub.�inst any succeswr in interest ar refuse to eatend timo for payment ur
<br />= ���, othcnvir,e modify amortization of�he sums secured by this Secudry Insnvment by reason of uny demand rnade by the original
<br />_ �;�,a � - Borrower or Borrower's successors in interest. Any forbearance by Lender in exercising any right ar remedy shail nat be a
<br />� . waiver of or preclude the eaercise of any right or remedy.
<br />, 12. Sncces�sorr and Assiqns Bound;,Ioint and Several Uability;Co-slgners. 7'he cavennnts and agreemente of thiti
<br /> � Security InFtrument 4hu11 bind and benefit tha succecso�x and assigns of Lender ond Burrower.subject to the provisions of
<br /> � paragmph 17. Borrowerk covename and agreemen�s shall ba joint end severul. Any Borrower who co-slgns this Security
<br /> , •�,�'�: Instrument but does not execute the Nae: (u)is co-signing thi�s Security InstNmenl o�ly to mortgage,grant and convey that
<br /> �'"�+ 8orrower x inte�+cst in the Propcny under the tcrms of�his Secudty lnntniment; (b)is not pen.onally oblignted to puy�he sums
<br /> . �; secured by�his Security lnstrumenr,nnd�c)agr�ex that Lender and uny athcr Borrower muy Agree to eatend,modify,forbear
<br /> ,'� or muke any accommadalians with regard to the termR of thia Security Instrument or the Nwe wilhout that Bomowerk
<br /> - consent.
<br /> • - �'k ti; �^�r! �' 13. Loan Charges. If�he loun secured by �his Securiry In�ln�ment is xubject to n law which se�s maximum loun
<br /> - �.��Y.--n.:.�nl�.".
<br /> R,,;,,.�r,iz•;_�.,r.,; . charges,and thal luw is flnully interpre�ed no Ihul the intrre.r•t or other loan churges collected or to be collected in canneclion
<br /> 5��"�1`",:`�'S':;:,'. . with the loan exceed Ihe permined limitx,�hen: (a1 cmy such loan charge sh�ll be reduced by Ihe umaum necessury to reducc
<br /> "�"`��+7:"���" ' �, the charg6lo the permitted limit;und(b)uny�ums ulreudy collected from Bortuwer which exceeded permilted limi�s will be
<br /> .� •i4�'�'t'�;' refunded to Borrower. Lender muy choose to make this refund by reducing the principal owed under the Nate or by muking a
<br /> _ . '� direct payment to Borrawer. IP u retund reduces principul,the reduclion will be In:nted as u purtial prepAyment without nny
<br />- ` ,•. t;Y'�/
<br />-, ,��:.`-:�`,";'.'>: '' prepayment churge undcr Ihe Notc.
<br /> - - ���:�';{'•, • • i� 14. Notices. Any notice to Borrower pravided for in thix Securi�y Ins�rument shull be given by dclivering it or by
<br />.�' ";,��,;'•,�.�. mailing i1 by�rst clu.vs mail unless upplicuble Inw reyuirc+uxe of unothcr methnd.The natice shull be directed to the PropeAy
<br /> ;r�.'.< �;���5'�>,. •.,rz Addre�y or any ather nddres�BorrowcrdesiEnulcs hy notice tu Lcnder. Any notice to Lender shull bc �tiven by first cluxs
<br /> �-��- •••-a�°•• muil to Lender�nddmsx aluted hcrcin cir nny wher c�ddR.s l.rnder designweti by aoNce ta Borrower. Any notice provided for
<br /> �•�•���;? f,'. �;:':�;1,::; " in this Securiey Inetrument ,hnll hc dcemed to huvc he�n given ta Borrower or Lendrr whrn given ax provided in thi� _
<br /> - �. ,, •. :.�.�:��,: pyrugraph. _
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<br /> '� ��•• 15. (�overning Law; SeverabilNy. This Securiq� In.�n�ment xhull tx�govcrned by fcderul law �nd �he Inw of the
<br /> r,is�_ ?:,.',•r��,: 'r'i�.•.,;,;� -
<br /> _� .;. •��. s�`���7�=•:s--� s jurisdiction in which the Propeny i,Icxated. In Ihr cvent thut uny pmvisiiM or rluu,e oi thix Security Inxtrument or�he Note °'
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<br />�+'t;,.:;� ;.�b;,q{?f-,,. , ; ,.�r,�,� ranflic�ti with upplicublc luw,+uch conflict shall nrn s+ffrrt�nher provision�af�hix Security lmtrument or thc Note which can F
<br /> f� � be �ven cffect withnut the ronfliciin rovision. To this end Ihe nwisions of thiti Seruri� Instrument and the Note ure
<br /> �7t�, :.r.�.�IrJ„��jr � . �� B P P Y -
<br /> .`;.;, decls�red to t�e severnble.
<br /> . ,,��'�;;.;;'t',.� 16. Ro�rower's Copy. Borrower xhull Ik given unc runti�rmrJ copy of the Note and at'Ihis Sec urily Ins�rument.
<br /> , .;,,M�..: 17. 7Yan5kr oP Ihe Pruperly or o lienefirial Intercwl in Hor�ower. If ull ur uny part of thc Propcny or nny intcrext in =
<br /> � , it is �old or trunsfcrmd lor iT•r Ixneticial intrrc,� in B��rmwcr i� salJ or iran,fcrreJ anJ Rum�wer i.nut u nawrul penon) �'
<br /> °-i";: �``r , � .. _ without Lender's priur writicn cun�ent,l.rnJc�•muy,oi itti optiun, rryuirc immediate puymcnt fn full i�(all wms scwred by �°
<br /> ';�fi�z''• .;,,,,,; ,+;;;., :. rhis Securily lntitrument. Huwrvrr,thin optinn xhull�xit he exercis�d hy l.end�r it'excrcisc is prohihitcd hy fedcral luw nx of -
<br /> �v�i:� ':;.;;. � the dnte of Ihi�Securiry Instrument. _..
<br /> „ ' ' ,��i;'�. If Lender exercise.this option.Lendrr shull�ivr Norrawer ncilice i�f u�-crlrralion. The noticr zhall pruviJc a period of =-
<br /> . 1� 1 .:
<br />_ �. ."s' �l�:� nut lex.thun 30 duy+from the dutc thr n�uicc i.JclivcRd or mailed wilhin whirh Borruwcr must pry ull.umc securcd hy this �
<br /> f
<br /> • ,�,a�'; ,. .� ;�• Security Instrument. If Borrower t':�ils�o pay ihr.r xum.rriur t�,�hr rxpiration ul'Ihi, �xric�d. L.endcr muy invoke uny .
<br /> ti rcmedies permined by�his S�tiurity Im�n�mrnt w�i�huu�further n�Nice ur�kmunJ�m Runnwer. _=
<br /> +ti, 18. Borrower's Ripht lo ReMKtate. If 8orruwrr mcci�rrnuin randiiiun,. Horro«�cr .hall hu��� ihr right In huvr F
<br /> ,">' enforcemen���F thi.5ecurity Imtrwnrnt disruiuinurd ut uny time priur to Ihr rarlier of: lal S duy.lursuch uther peri�xi a, `�-
<br /> � ':�,.+
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