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<br /> "' candemnntion or a�her�pking of a�y part of�he Property,ur for conveyuncc in Ifeu of condemnuti�H�,uro luruby uw*i�{�kd�1
<br /> slwll be paid to L,ender.
<br /> _____,_ In the event of a total laking of the PropeAy, �he proceeds shull be applied tu ihe .umK �:cured by IhiK S�wurfiy
<br /> — - - ___=
<br /> Inswment,whether or not then due.with any excoss puid�a BuRUwo�. In tln:evcnt af u paniul tuking�►t'the Nr�q+r�ty n _
<br /> _-�� - which the fair market vnlue of the Pn�pe�ty immediatcly bcfore the tuking is eyual tu or grenttr�hnn the um��um nf�he rums _
<br /> secured by this Secu�ity Inxtrumcnt immediately before the taking, unletiw Nonower und I.ender othcnvixc uKree in writing,
<br /> chc suma xecured by this Securfty Instrument xhull be r�duced by tho nmount af the praceedy mulliplled by !hc follawing
<br /> _':��___�,__-o-_--_� fractton: (a►Ihc trnal amount of the sums securcd fmmecliurely beforc Ihe�aking,divided by(bl the fair murket vulue of Ihe
<br /> ~ properly immediutely before�he taking. Any buluncc shall bc pa�d to Borrawcr. In the event uf u puitlul taking of thc �
<br /> — properry in which the fair market value of the Propeny immediately befor� the luking is legs Ihun ihe amuunt of thc xumx
<br /> ------1,� secured immediately beforc Ihe inking, unless Borrowcr and Lender othervvitie ugree in writing or unless applicuble law
<br /> �� otherwise provides,�he proceeda shall bc applied�o the Yumx secured by this 5ccurity lnxuument whether or not the sumx ure
<br /> �:�;; then due.
<br /> �=:��• If the Propeny ia abnndoned by Borrower,or if,ufter notice by Lender to Bi�rrower�hut Ihe condemnnr ofFers to make
<br /> - - _
<br /> -- �_ ' an award or settle a cluim for dumuges.Borrower fuilx to mspand ta l.cndcr within 3U duys ufter thc dntc the notice is given.
<br /> Lender is nuthoriud to coUect and upply ihc prceeeds,su ils option,aither to re�ioration or rcpuir of�he Praperty or ro t e -
<br /> -'---�''``� sums secured by this Security Instrument,whother or not then due.
<br /> -----,���;.' Unless Lender nnd Bortower aherwi.r•e ugree in writing,uny npplicution of procee��to principul xhull not ex�end or
<br /> � �-�_`•.. postpone the due da�e of the monthly payments rcferred to in purugruphs 1 und 2 or chungc the umount af such payment�. _
<br /> °--"�'�'•p��- 11. liorrower Not Relear,ed; Forbearance By Lender Not u Waiver. Extenxion of the time for peyment or
<br /> -`°�•.,i modificAtion of umorlization of Ihe sumti secured by Ihis Security Inslrument grnnted by I.ender to any successar in interc4t
<br /> , — . �
<br /> _.-�_�--T_ __ -
<br /> _.__;�. of Burrower shull not c�perute to releuse the liability of the originul Borrower ar Borrower's�ucce�son in interetit. Lender
<br /> _���-:F�;. : 9ha11 not b� reyuired to commence procecding� oguinst any successor in Interes� nr refuse to extend time or puymen or _
<br /> �`"� ""'"'��" � oiherwise madify amortixation af the xums s�cured by this Securiry insirument by reu�on of uny demund mude by the ariginal
<br /> �—"''��'��' Horcower or Borrower's successors in interest. Any farbearunce by 4ender in exercising uny right or remedy shell not be u
<br /> �:��;�1�,,,�, wuiver ot or preclude�he exercisc of uny right or remcdy. —
<br /> _ _ =_=;�R; 12. Succes.9ors und As�igna Bound:Joint and Several I.iabiNty:Co-s(�ners. The covenunts und ugrcements of this =
<br /> --tl�� -- • Securiry Instrument shull binJ nnd benefit the suce�ssors und asci�n�of Lender and Borrower, subject to the pruvisions of
<br /> —!"""�'�",_=:� ��� '�. parngmph 17. Borrower�covenants und ugreements.r•hull t►e joint und sevend.Any BoROwer whu co-.r•igm this Securiry
<br /> '?:.e.,��.-, ..�,: ,
<br /> � �:�: Instrument but daes no1 execute Ihe Note: (a)is co-signing this Secudry Instrument only to murlguge,grunt and cunvey 1 al
<br /> �—_`aet'�� ,� „ Borrower!s interest in ihe Propeny under the terms of thi+Security ln,�rumcnt: (b)i,nnt penonally obliguted to puy�he tium+
<br /> —=-'� ;='�°' secured by thia Securlry Instrument:und(c)ugrees thut Lender und uny other BoROwer may ugrec to extend,modify,forlxur
<br /> ���'�-=�=�.:W:.� or make any uccommudations with reRurd ro the tem»+of �his Security Inwtrument or the Note wi�hom ehut Borrower'r:
<br /> _- :r�_� ,_-_-- �; consent. —
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