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<br /> c�damnation ar ad►er uJcin�ot any pwt of tbe Aropony.ar far canveYancx in Iku of coaalann�tion.w bioby+wip�ed aud
<br /> �Ldi ba l�Id to I.ender.
<br /> In tha evant at�toW Wcins o[the Aroperty.th�e eed� shall be AppNed w the�um� aenired by this Secu�ity
<br /> lnstrumeo�,whetl�er ar nat�hen due.wlth any exceu to Bon�nwer. In ti�event of w p�rtld takin�of!be Propa�ty in
<br /> which the fdr ma�ket value of tho Propeey immodi+uely befae tbo W�ing is eqwl to or gr+eater thu�the amaunt of�he wnw
<br /> eocwed by thic Securlty Insdument immedluely bcfaro Ihe nkin�,unks�Bo�rower wd L.onder alKrwjse Rgac in wrilin�,
<br /> the sum�eecurod by this Securiry l�trument�all 60�+educed by�ha amount of the prooeeds multiplied by�he followin�
<br /> - fmc�'on: (a)dte tata!amount of the xuma xecural immediately heforr the teking.divided by(b)�he fiir marku value of tha
<br /> Pt+o�erty immediatoly beforc tho taking. A�y bsience shall bc paid to Bo�xower. In ihe event of�putiol Wcing of the
<br /> Property in which the fi�r�et value of thn PropeAy immediutely 6ePonc the taking ia lcss thai tbe c+maunt of the wms
<br /> securcd immcdiately beforo the talcing,unlass Borrower end Lender otherv►�ise agrce in writing or unless �pplic�blc law
<br /> dhe�wise providcss,�he proceeds shall be applied to the xums necwed by thie Securiry Insdument whe�her ar not Ihe wm��u�e
<br /> U�cn due.
<br /> -- -- -- � It'the Pi»perty is abandor�ed by tiortawer.ur�f,at�er na,cc by Lcndcr[o Honmwer tiwt�he condemnor offera to make
<br />-- ----- an aw�rd or srtdo a clairn for damAges.Borrower fails to rcspond w Lender wiUtin 30 days afler�he d�te the nMice ix given,
<br /> Lender is autl►onized to collect and apply the proceeds,at its option.either to restoration or rcpair of thc Propnty or to the
<br /> aur�secured by thia Securiry Insuumen�,whether or not then due.
<br /> Unles.s Lend'er and Borrower othenvise agree in writing. any application of proceeds to principal shall not extend a
<br /> postpone the due date of the montbly payments�+eferred to in puragraphs 1 and 2 or change the nmounl of such paymenta.
<br /> 11. Borrower Not Relwaed; Fbrbearance By I.etWer Not a Waiver. Eatension of the timc for psiyment or
<br /> modiBcation of wmortizat�on of�he sums i:ecuned by this Securiry Insuument granted by Lender a aay succassor in interiest
<br /> - af Borrower shall not opernte to�kase tha liubility of the original Bomower or Barower�s suaesso�in intenest.Lender
<br /> -- shall na be rcquired to commence procadinga against uny succe�sur in interest or refuse to extead time for payment or
<br />= othenvisc madify amortization of the sums secured by this Security In�uument by reason of nny demand made by the odginal
<br /> Borrower or Borrower's succes�ats in interest. Any forbearance by[.ender in exercising any right or remedy shall not be a
<br /> waiver of or preclude the exercise of any right or remedy.
<br /> ' 12. Successas and Assigoa Bound;Joint und Several Liabillty;Co-sign�rs. The covenants And Agreemen�s of this
<br /> Securlt Ins rument shnll bind and benefit the successors and assi s of[.ender and Borrower.subjsct to�he pr+c►visions of
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<br />_ y . . .
<br /> paragtaph 17. Borrower's• covenants ond agreements shall be jalM nnd severnl. Any Bonnwer who co-signs�h�s Secunty
<br /> lnstnunent but does not execute the Note: (a)is co-signing'this Security Instniment only to mortgaRe,grant nnd convey thnt
<br /> -• Bonower's inte►est in the Property under�he terms of this Security Insuument; (b)is not peraonully obliguted to pAy thc�sums
<br />- secured by thia Secu�ity Instrumenr,and(c>ogrees thut Lender und uny other Barrower may agnee to extend,madif}r,forbear
<br />-_ or make any accommadationa wilh regard �o the terms of�his Security Insuument ar the Note wllhou� that Borrowe��
<br /> -A rnnsent.
<br />_;_i„ 13. t,oi�a CIu�eltes. lf the loan secured by thig Security Instrument is subject to a Inw whlch sets mmcimum loun
<br /> '' , charges,and that luw is finally interpreted so Ihat Ihe intereht or o�her loan chsugex ca0ected or ta be collected in connection
<br /> "' k•. with theioan exceed the permiued limits,�hen: (s�)uny such las�n churFe shull he reduced by�he vmount necessury to reduce
<br /> � 't ��:�;: �J�i..
<br /> . ' ��:'.;�"�`:;s;� � ' 1he churge to the pertnitted limii;And(b)Any xumx alrcudy collec�ed from Borrower which excecded perrnitted limits will be
<br /> "�. ,F � ��' 4' � ,�k,� rcfunded�o Borcower. Lender may chcw,e ta make this refund by reducink tha principal owed under Ihe Nole or by mukin�o
<br /> ���:4:: .� ., •4.�1'�h� direcl pnyment ta Horrower. lf u rePund reduces principul,the reduction will be treuted uy a paitial prepayment withom ony
<br />'"•��:;: � � , prepayment charge undcr�he Note.
<br /> ` � ?�•%• v 14. NoUces. Any na�icr to Bormwer provided fot in�hiz Security Instrument shnll be given by delivering it ar by
<br /> � A T J'R�.
<br /> � ��� �' ,{k 4�;�,; mnlling it by first cluxs mail unlexs applicable law reyuires.utic ot'unntix:r methcxi.The naice shall be direded to Ihe Prapeny
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<br /> �dAt3:. °�iti Addre�s or uny��ther uddres. Dorrower designatex by nn�ice to Lendrr. Any notice to Lender shall be given by fi�xt class
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<br /> -`: -w:' •�� � mnil lo Lender:s addres>>toted herein or uny olh�r u d dn��s Len der de�ignute+by notice to Borrow�er. Any nwice prov f de d for -
<br /> -_ ,;-,:,'�w�,,, in this Sccurily Ins�rument shull he deemed ta huve hecn given lo Brnmwer or Lender when given av providcKl in this
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<br /> , •..,.�;;.,�;G�L,,;,r, :,�; .: 15. (;overning l.uw; tieverabilify. Thi+ Security In�.trument tihall Ix �ovcrncd B}• f�deru) luw und the luw of thc
<br /> •�r ��t��.�'a�� Jurisdiction in which the Pn+peny i.kxu�eJ. In�hr cvent thiu uny pruvi�ion or clauuu oF thiti Security In,�rumrm or ihe Note _
<br /> - �`"n�°'-�'%?�;4 �• conihets wilh upphcuble luw,tiuch contlict tihull not uurc��ither pru��i.i�im ot'thi.Serurity instrument or thc Nu�r which ec�n _
<br /> '��~�..^"� '?'�`�'r' be given effect wiihou��he contlicting pnwi.ion. T�thir�end the provisions nf thi� Security Instrument und�he Note are =
<br /> '� ,,, ��� declured to be xeveruble.
<br /> ���� 16. Borrower's Copy. Borrowcr tihall Ix�,ivrn onr cunli►nned copy nf thc Note und�if�hi.Sccuriry Imtrument. -
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<br /> � �� •- 17. 71rnn4Per of Ihe Properly or a Beneficial Interest in Rurrrnrer. If ull or ony part uf thc Pniperty or ony imerext in -
<br /> . �"��`` ' it is xold or tronsfemed(or if a henctici:+l imemrt in B�irtowrr i.,�iW ar truml'crnd unJ H�xn�wcr i+not u natural person► -
<br /> • , without Lender's prior written ron.en�,Lcnckr muy,at it�opli�in,rcyuim immeJia�r puyment in fuU i�f all sums�ccured by �
<br />' ` .,,..,�.,r ._�� �his Security Inxtrument. However,thi.option shull nW l�r exeni�d hy Lender if exercisr is pruhibited by i'ederul luw us of =
<br /> . the dute of this Security Instrument. -
<br /> -- '="-' If:.ender excrcisex thi.option,l.cndcr sha11 give Borrowrr m�tire ol'vrrrlrru�iun. Thc notict Shali pruviJ�u period of
<br /> - .�:{, �% not less than 311 dvy.fmm the d�te the naicc i.drlivcrcd ar maikJ wi�hin whirh H��rruwcr mu�t pur ull tium..ecurcd by�his -
<br />� ° , Security Inslrument. If Borrower fails to pay thrtir ,um� priur lu th�rxpirutiun nf this periixl. Ltnder muy imoke uny
<br /> . remedicr perniiucd by this Scrurity In�tniment wi�huu�1'unher no�ice ur demand on B�irroe�rr. _
<br /> = 18. Borrower's Ri�ht to Reinstafe. If Bom�wrr mcc�. ccnain r�mditi�m.. Burrower .hall havr thc ri�;hl 10 havc _
<br />=' "' � 't . enforcement of this Security Ins�rumrnt Ji+cnntinued su uny limr priur ai tlk carlicr i�t`. lu 1 S day+ ��x.uch other periai a. _.
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