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<br /> —'�I_ cundemnatinn or othcr�aking of uny purl of tlu Pmperly,or for runveyance in licu uf'cun�knu�uliun.wn�hcrrby wwi�{�u:d wwt
<br /> ;�, xtwll bc paid tn Lendcr.
<br /> ,_,�� _ ln thc evcm ��f a to�nl Iakiny of�hc 1'�u�xny, thc pn�cced, tihull Ix applicd to �hc Kumw rwcuied My thir S�YUrity `
<br /> Inntrunxn�,whclhcr ar nat�hen duc, wflh uny cxccRti puid to Som�wcr. tn Ihc cvcnl ul'u pu�iful tuRin�nt'thc Pmp�ny ��
<br /> ,:�� which�he fuir murket vuluc af�hc Pn►pcny iinmc�lfutcly Ixforc Ihc tuking iy equul t��or greuler ihun Ihc ein�xm�ol'Ibe�ums
<br /> _ ---
<br /> rcecu�ed by thix Secu�ity Inw�rurn��1 immedfu�oly Ixl'orc the tnking,unle.rs Borruwer und l.cnder o�herwiµ: ogn�c in wri�ing,
<br /> - ;, .,� �hc rumx securcd by this Security In�In�mcnt �hall lx: rcdurcJ by Ihc amount of the pr�kccJ.muUipBcd by Ihe fullow ng
<br /> ° - fructian: (a)the tulul annwnt uf thc Hum�ticcurcd immcdiutcly t�efore the liiking,divfded My(MI�he f'uir murket vulu���f lhr
<br /> ... � -
<br /> {' prapeny immcdfutely befam �he wki�g. Any bulancc xhull tx: puid to Burro.:cr. In the cvent��f u puniul loking ul'Ilic
<br /> Propeny in whkh the Puir m+�rket value of the Pioperty immcdiutcly bcfan thc iuking ir�Icxx thun the umuunt af�he xumx
<br /> ' -�""���;�i, necur+ed immedfately before thc tukfng, unlc„ Borrawer und L.ender otherwixe ugree in writing ��r unlcws upplicul�le luw ___
<br /> --��, `'� otherwi.r•e provider,�he praeeds ahull be upplied�o Ihe.rumx secured by Ihix Securlty Inxlniment whether��r n�n�he xumx ure
<br /> ��'��'`�� then due.
<br /> ��� �:� lf�he PropeAy is nbnndaned by BoROwer,or if,uflcr no�icc by Lcndcr to Burrowcr�hut the condemnor uffen tu makc
<br /> �__���,:,; ' cm uward or r;ettle u cluim for damugex,Burruwer fuils ta rcspond w Lender within 70 day+uftrr the du�c thc nntice is given, _
<br /> =i���:• :• ,• Lender ix nutharized to collect und apply the praceeds,ut its opticxi,either to rexlarutian or repuir af'lhe Properly��r to thc
<br /> =z_,.�� °� sums s+er.ured by thiK Security Inctrumem,wheqier or not�hen due. �
<br /> ��.'s��rJ�, � Unle�s Lender and Borrower otherwise ugree in writing, uny upplicntirn►af proreedx to pdncipul xhull not extend ur �
<br /> --=;e;�., poWpone the due dute of the monthly payments referred m in paragraphs I und 2 or chu�ge�he umount ai xuch puymenl�,
<br /> -;.�r�.: t 11. Borrower Not Relcased; Forbearance By Lender Not a Waiver. Ex�cnwian of the time for puymcnt ar
<br /> f-"�L_`° madi�cution of nmartizatian of the sums secured by this Security Instrument grnnted by Lende�r to nny xuccessor in irNerert
<br /> "�;;:;�a�;
<br /> .--- of Bnrmwcr shull not opernte la release thc liabiliry of the ariginul Borrower or Burrower'.+succeswn in Intemsi. Lc er _
<br /> _??�•= � ���^`���:. .,� shull not be required to commence proceedingx uguinst nny xucce�sor in intere�� or refusr to extend time for payment ur -
<br /> •"�'" �� `�' o�herwise madify omortizadon of the sums ticcur�ed by this Security Insin�num by rcuson af uny demund mudc by thc origiwul �,�:-..
<br /> .• ..�
<br /> • ^'' Borrower or Borrower�succes+ors in interest. Any forbearunce by Lender in cxcrcixing uny right or remedy shull nw be a
<br /> ' `•�"' �. .
<br /> t• �•••. waiver af or preclude the exercise of uny right or remedy. _.
<br /> � wti��;=�}= 12. Succes4ars and Assigns Bound;Jolnt and Several[.iAbHily;Co•signere. The cuvenwUs und c�greements of this
<br /> .,�~�;��� .
<br /> `"�� ' � � � Security Inatcument shall bind und benefit the sueceshon :and ussigns of Lender und Borrawer,xubject to the pruvi�ions of _
<br /> ,r.�. _.
<br /> ' "�'�"°�' aro rn h 17. Borrower�covenunt� nnd ugreem�nlx shull be jo�nt und r:everul. Any Borrower who co-sigm �his Security
<br /> ��:::,. ;:...a , P 8 P
<br /> Inslrumcnt but docs not execute the Nota: (u)iz co-wigning this Sccuriiy Insmiment only to mungu�e,grant und convcy thut �_
<br /> � "�' BoROwer�interest in Ihe Property under the terms of this Securi[y Imtrumr•.nt; (bl iti not perxanully obliguted�o pay the sum. -
<br /> .. "� '�Y �• -« .�' secured by this Securiry Inxtrument:und(c)ugrees thut Lender und uny other Bonower may ugree to extenJ,modify, fbrbcar �
<br /> . � �' or make any accommodutMns wi�h regard to the �erms of this Securiry Inxtrument or�he Nwe without that Bonower's _
<br /> u� COflfielll.
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<br /> • ''�"�"��'''� =- 13, I,oan Cltarges. !f the loan secamd hy �his Security Instrumenl i� subject to u luw which sets muximum loan
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<br /> „ � charges,and that luw is finully interpreted so that the interext or a�hcr loun charges collected or to be collected in connecti�m
<br /> ':�"� • wi�h the loan excced the pertnitted limits,then: (a)uny such loan churgc xhull Ix rcduced by the umount nccexsury to reducc
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<br /> .;��"y�, , � the charge ta the pertnitted limit:nnd(b)uny�umz ulreaJy collecled from Borrower which exceeded permitted limilti will be
<br /> � � �•' ' refunded to Borrower. Lender muy rhanse to muke this refunJ by rcducing the principul owed under the Nnte or by muking u _
<br /> .. .,.i��.,•.
<br /> , direct p�ymen�ta Borrower. If u rcfund reduce+principnl,�hc redurtion will lx treuted ux u puniul prepaymcnt wi�hout uny
<br /> . �; :, : ;. prepuymant chargc under Ihe Notc.
<br /> l4. Notices. Any notice to Borrower provided for in this S�curity Inxtrumcnt xhull be givcn by delivering it or by
<br /> '' � " ,�''`�� �� mailing it by fint cluxs mail unlexs upplicuble luw reyuircs u.e of un��ther methcxl.Thr ncxice shull be directrd to the Property --
<br /> ...�.. . _._.
<br /> '' ,r�,; . , Address or uny other ucldresx Bnrrower Jrsignatrx hy noticc to Lender. Any ni�tice to LenJer xhall be given by firxl cluss
<br /> � mail to Lender's uddrexs stutcd hercin or uny othrr aJdres+Lencier drsignutc.hy notice to fiorrowcr. Any nuticc proviJed for �-;,
<br /> •• r ` � �. , � in this Security Inxtrument �hull hc deemed to huvn c�en given to Borrnwer or Lcndcr when given us provided in thi�
<br /> ��'�: ., aro rn h '
<br /> �""� ' p BIS GovernMg Lew; Severobillty. Thix Securi�y In+trun�nt tihull tx� govemcd by federul Inw unJ thc luw of the
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<br /> r ,,�� . '� jurisdiction in which the Property i�IcxuieJ. In the evcnt�hu1 cmy provixi��n��r cluuu of Ihis Securiry Instrument�x the Ni�te
<br /> � s•„< , � conflicts with upplicuble luw,sunc�onflict xhull n��t uffect other pruvi�iom oF�hi+Scruriry Instrumenl or�hr Nute which can �_-.
<br /> 9 �.=;.: be given effect without the contlicting pmvi.ion. To this erxi the proviskm� of'thiti Security Instrumenl und �he Nde ure ��
<br /> �-��': � ' ' declnred to be�eve�uble.
<br /> �..._
<br /> ��i.:1..,,•:., ' 16. Borrower's Copy. eom�wrr�hull Ix givcn�mr ronfonnrJ r��py ol'the Notr und of thi.Security In,�rumcnt, a;,
<br /> . , :;��. • 17. 'IY�ansfer of the Properly or a Benciiriul Inlerest in Horroe�er. 11'uU or uny pun uf tl�r Pruperty or uny intcrcst in •
<br /> °'•"'-° it ix sold nr trnnsfern�d(or if a ixneticiul interest in Boiruwer i.sold or iransl'crnd und Borr�wer iti not u nuturul �xrs�ml _
<br /> ' :�E'.••� without Lenclerz priar written c��n�cnt.Lendcr muy.ul itx nptio�i.��yuirc immeJiutc piiymcnt in full��f ull +umti xc�umd by -
<br /> � , �hiy Securiry Instrumrnt. Howcvcr,thix option.r•hull nnt Fx exrrcised by Lendcr if cxercixc is pruhibi�ed by fedcrnl Ivw u.of _
<br /> • the date of this Sccurity In+trument.
<br />„ � . � . • If Lender exerciseti thi.optiun. Lendrr+hall givr Borrowrr notire��P ucc�lcrution. '1'he no�icc.hull provide a periixl of �r
<br /> •� not Icx.r•thun 30 duys from�hc dute Ihc noticr is dclivrmJ ur muil�d wi�hin which B��rrowcr mu�t puy ull.ums z�cured by thix =
<br />„ . . , . Security Inxtrument. If Bortowcr t;�ils to pay the,r .um�prior lo thr rxpirv�iun of this {xriod. LenJer may invoke uny -
<br /> • rcmcdics pernii�red by�his 5ecuri�y Instrument wi�hout I'urth�r notirr or drmund un Burtuwrr.
<br /> •• " IS. Borrower'.s Rlght to Reinxlate. If B�ttruwcr nxrh t�rluin cix�dilium. l3urmwrr shull huvc �he right to huvc
<br /> � . , enforcement uf this Security In,trumrn�di,cuntimkd al:+ny�imr pri��r tu Ihe rarlirr ul: l:U S duy� (ar+uch o�hcr Exriixf us
<br /> � . ���' ., ` tiingk 1=•rmdp--Faonle�1uc/Fraddlr\tw l'NIFOR�f Ititi'fRl'\IE\"1'-•Unitunn('u�rmm�. 91'►0 iP��.¢e�.•1 n�Nr,qr��
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