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<br /> "- — condemnatian or other tuking of uny pnn of the Prapeny,or for conveyonce in fleu af condemnu�ion.Are hcreby usai�ned and
<br /> rhall bo poid ta L.ender.
<br />- - � lo the cvcnt of a totAl usking of the Pmpeny. �he pmcerdK xhnll he upplfed to the KumK xecurcd by thir� Security � _
<br /> -�� InxtNment, whether�r nnt the�due,with uny exceas puid�u Barrawer. In the cvent�f u paniul�uking�f�hc Prop►:ny in
<br /> :,���„� which the fuir market vuluc oY thc Pmperty fmmedintely hcForc thc tuking is cyuul tn or greutcr thun the umuunt uf�he sumg __-
<br /> secured by this Securlty Inatniment immediately before the tuking, unle�s Bormwcr unJ Lender�Iherwi+c ugrcc ln writing.
<br /> ,y the xuma secured by thi�c Security Instrumenl shall be reduced by the amount of�he praceed�multiplicd by the following
<br /> -- - = . - G+a�:tion: (a1 the tutul umount of che sums secured immeclintely hr1i�R ihe wking,divided by Ibl the fnir market value of Ihe
<br /> -- - -- Pmperty immediately betore thc tuking. Any bulance shull bc puid to Bonowcr. In the eveni uf u puniul tuking of�he `
<br /> - - — Praperty in which the fair market value of the Propeny immcdiutely befon:thc taking is less thun the umounl of thc xumx
<br /> ='.'y� securcd immediurely beforc the tuking, unlcsx Borrower und l.endcr utherwise ugree in writing or unless upplicuble luw
<br /> _,,,,.� atherwige provldex,lhe proceeds ahall be applied�a the sums recured by this Secudty In�trument whether or not the sumx ure
<br /> _ ^�� then due.
<br /> --�''-� If the PropeAy is ubundonc:d by Borrower.ar if,ufter nMicc by Lender to Burrower that the condemnor offen�o mukc -
<br /> nn uwurd or,�ttle u cluim tor damugcs,Borcawer fuilti to respund�o Lencicr wi�hin 30 duys ufter thc du�e�he naticc is given,
<br /> �.,�.� Lender is authorized lo collect und npply�he proceedx,ut itK option,ei�her to restarution cx repuir of the Propeny or ta the
<br /> sums secured by thix S�curity Instrument,whether o�not then due.
<br /> µ�_`� Unless Lender und Borrower othenvise ugree in writing, uny upplicalion of proceeds ta principul tiholl not eatend or _
<br /> __--a••-i� pos�pone the due dnte af the monthly pnyments rcFerred ta in purugruph� 1 und 2 orchange the umixint of tiuch paymentr:. _
<br /> ll. Borrower Not Relewsed; �orbearance By Lender Nat A Walver. Bxtensian of thc tlme for payment ar
<br /> _��.,�-- modification of umortizatian af the sums secured by this Securi�y Instn�ment granteJ by Lender lo Any�uccesror in in�ere�t _
<br /> - __=-'� of Borrower xhall not operute ta releatie the liability of the originul Borrower or Borrower� tiucceszor� in intcrext. Lcnder
<br /> � -�=`�=' xhall not be required to commence proceedings againsi any xuccessur in interesi or refutic to extend�fine fur payment ur d-
<br /> =�.y;� othcrwise modify amortization of the sums secured by�his Security Ins�rumcnt hy rcu�on of uny dcmunJ mude by thc ariginul ==
<br /> - -- Borrower or Bonower�nucceasars in inleres�. Any forlxurance by L.ender in exerciwing uny �igbt or remedy xhall not be u
<br /> _ ���:uf`n`,.' . waiver of or preclude the exercise of►my right or remcdy. �:__-
<br /> ��;. .�,�-y.,;�-�,,-� 12. Successnre and Asslgns Bound:Joint and Several I.lability:Co•slgnera. The covenunts und ugrecmenl+ol thi+
<br /> � Security Intitrutnent shnll bind nnd benefit the successors und�sxignti of l.ender und Borruwer,subjec�ro the provisionx of
<br /> ,....�a.���.ti�
<br /> -- �����,� puragrs�ph 17. Borrower's covenun�s und ugreementti shull he joint und xeverul. Any Borrower who ca-signs[his 5ecuriry
<br /> _., .,., � Inst�ument 6ut daes not execute the Note: (a1 i�ca-xigning thiti Seruriry Instrument only to mortgoge,gmnt und convcy th�u
<br /> ---'"�` ' Barn►wer w interext in the Pmpeny under thc�enns ol'thiv Security In.[mment; ll�)is not perxonally obliguted to puy Ihe xumx
<br /> .�... -
<br /> _��!f,_�_, � • xecured by thiti Sewrity Inxtnrment:unJ(c1 uFrees thut LenJer und emy other BoITOwcr muy ubree to extend,maciify,tixtx:ur —
<br /> :--���;�qF';�;.••• or muke any uccommudutions with reuurd to thc tcrm. of Ihix Security Instrument or �he Nde wi�h�wt thut Rorrower's _
<br /> �r„�„�y�. consent.
<br /> ___ _ --_ �i, �.onn ('har�es. If the loun secured by thiti Security Inxtrument i+ yubject to u luw which xet� muximum loun
<br /> �"''��''���"F' charge�c,und Ihat luw i+finally in�erpreted xo thut the interest or other luun churges collected or to hc coflecced in wnnec�ion
<br />=��• ��' �� „�� wilh the loun exceed the pennitted limits,then: lal uny tiuch luun churg�shull lx:reduced hy the umount nece�sury to reJuce
<br /> • �� r�ara'�..,.<
<br />-�� ,,;` � it, ,, , the churge to the pertnitted limil;und(b1 uny xwns cdreu�iy callec�ed 1'rom Barn�wer which exceeded pertniucd limils wiU bc�
<br />_='�,},� •� ,;,,.,., � refunded to Borrower. Lender muy choose to muke thix rrfurxl by reJucinF ihe principul oweJ under the Note or by muking u =
<br />'�;,.� „�� :.• _ direct payment to Borrower. If u rcfund reJucex principul,thc reductian will Mc ircuted us u purtiul prepayment withoul uny
<br />=y�� �,,,_..� prepuyment churgc undcr�he Note. ___-
<br /> 14. NoNces. Any notice �o Burmwer prnvidcJ liw in thix Security Insirument xhull he given by delivering it cx by �__
<br />= --� . .z¢�°•"'`� �. muiling it by f�nt cluxs mail unlexs upplicaMle luw rcquirc+u.e uf unothcr methcxl.Thc nrnice shull be directed�o the Pmperty �
<br /> � Addresx or uny othcr uddreti,Borcowrr dcsignutcy hy n�►tice to Lcuder. Any nolirc to Lendcr tihull 6e given by lir.t clu+s
<br />-d.;�,..
<br />�:::-� `� ^ mail to Lender's udJress s�uted herein ur uny��thcr adJre.ti Lcndcr Jc.iFnutc.hy nmicc to Borruwcr. Any nutice pmviJed for �,_;��
<br />_%> •-�� , ''"� in ihis Security Inxtrumcnt .hull Ix decmcJ to hnvc Ixen Eiven to Bc►ROwer or Lendrr whcn �iven ux provided in thi,
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<br />- -: pumgruph. =.-
<br />_�;.;�; M�,��� � !S. (:overning l.aw; Severability. Thi. Securi�y In,�rumem shull Ix govrrneJ by tederal luw und thc law of thc �
<br />:•.�:,,h�'�r�-°'•., juduiiclion in which thr I'roperty i.IiwuteJ. In the evcnt thui tmy pruvi�i�m or cluusc of this Scrurity Im�rument or�hc Notc
<br />.,_=�' �,_,�, conilicls witlt upplirublc luw,tiunc�imflict tihull nut c►ffcrt ulhcr provision�ui'Ihis Securiry Intitrumrnl itt th�Nulr which cun "'
<br />= be given ei'fect without Ihe a►ntlirting provitiion. To thix cnd ihc� pmvi+iom ni ihi�Srruri�y Instrument and Ihe Nate urc -•°� '
<br /> :` „. � " •• declnred t��he�everuble.
<br /> "'.,�� �� .�`• 16. Borruwer's Copy. liortowcr shull ix givrn unr cant'�u�nrd copy o1'�h�Nute und of�hi,Sccuriry In,trumrnt.
<br />� ;� ��' �� 17. 7YAnxfer oP the Property or a I�eneficlal Interest in BorroN•er. If all�K uny pun uf thc Propcny or uny int�rest in
<br /> `°:�..:.,•n . : ---
<br /> ,.,. it is sold ur Irunsl'errcJ lur if u heneticiul intrrcxt in Borm�vcr i,tiolJ�tt trunstercrd imd Borrowrr is tKU u nuturul�xr�onl
<br /> -;` wi�hou�Lendcr+ rior written ronscnt.Lcndcr muy.ut i�ti optiun,rcyuirc immr diulc paynxn�in fu U o F a l l xum,xrc u re d b y
<br />-�.f�'�,'z�;,�,'._:._._ • P
<br /> thix Securi�y In,trumcn�. Howevcr,thix�quinn.hull not tx exerciscd by l.cnJer if crerriu i,prahibitcd by Icdeml luw u.of �`
<br /> �;R '` . ."".� ' the dute af this Security lnstrument. -�.
<br /> �r^'� ' • If Lcnder exenixc.thiti option.Lcndcr shull�ive Borr�,wcr not�c�ot'acccl�r.uiun. 'I'he notirr,holl pruvidc u�xrial af Y
<br /> .�we"•;:
<br />`; � � na le�s Ihun 30 duys fran�hc dutr�hc miticc is dclivcred ur mailcd wid�in whirh Rurrowrr mu��pay all.ion�sccur�d hy thi+
<br /> `';� � Sccurity Instrument. If Borcowrr fuil. to puy tlk.r �um.pri��r to thc rxpiratNm �H thi,�nriixl. I.rndcr muy invokc any =�
<br /> - . � • rcmedicx�x:rniittcd hy Ihix Srcuriry In,trumcnt withoul I'unhcr nalic�ur dcmand�x�B��rco�vcr. "`
<br /> 18. Borrnwer'ti RiRhl to Reinstutc. If B��rrowr� mcct� renain runditi�xi., liorrower .h�dl hu��r th� ri�!ht to huvr
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<br /> � ,. ..... cnforcemem of thix Security In.�rumrnt di+ruminucd a�any timr rriar lu Ih�r:ulirr uf: I;u 5 day,tur�ucl�u�hcr�xriixl u. `•
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