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<br /> , condcmnutlon or ather lakin�of�y pan of Iho Propany.or fbr�ronvayunc�+in lieu of condemnation,w�e horoby urri�{na!iud
<br /> _ s._ s�hall bc pafd to Lendcr.
<br /> In Ihe event of u total taking of the E'roperty,the pmceedr shall be applicd tu�ha xumx Kecurcd by IhiK Securl�y
<br /> -�� Instrumcnt,whether ar not then due,with uny cxccr4 paid ta Burmwer. In thc event al'u purtiul taking of tha Pmpeny in
<br /> which the fafr market value af thc Propeny immediutely beFare�hc taking is cyual ta o�gneu�cr ihan�he amuunt af�ho xumn
<br /> " xccurcd by Ihiq Secu�ity Inxuument immediutely Nefore thc luking,unlexx Bom+wer und l.endcr ulherwixe ugree in w�itin�{,
<br /> .��`-�-"-�=_--- - Ii�e nwns M:curcd by thl�;Secudry Instrument shull 6e reduced hy the��mount nf�he pn�ceeds mulUptied by �he fallawinR
<br /> � fmction: (u)the tatal umount of the Rums+�ecurcd immediuteiy before the tuking,divided by(b)the fuir murket vuluc of the r
<br /> - --- Propeny immediutely hePare the laking. Any bulunce shull he paid to Barrowcr. In thc cvent af u punlul tuking of�he
<br /> - - Property in whtch the fair murk�t vulue of the Property immcdiu�cly bcfnre the tukin�t iK Ie.rs ihun thc nmuunt uf Ihc xumx
<br /> icecured immedfately beforc�he taking, unle�s Borrower and Lender athcrwi�e ugree in writing or unlexx upplicuble law
<br /> ---- othenvise provides,the proceedx shall be appiied to the xumx xecured by�hix Secu�ity I�stn�ment whe�her or not�iw oumx are
<br /> -� �hen due.
<br /> _ °-�:�� • lf the Property is abundo�ed by Borrower,�r if,aftcr natice by Lender to Borrower ihut thc condemnor offcrn lo make
<br /> un award ar settic a claim far damages,Barrower iuilx to rcwpand to Lendcr wi�hin:�p days ufler thc dutc the m�tfce is given,
<br /> --`_;,� Lender is uWharized to collect and apply the proceed�, at its optian,either to rex�omtion or repui�of the Property or lo the
<br /> __-� aums secured by this Security In.rtrument.wh�ther or nat Ihen due.
<br /> '.� Unless Lender und Borrower otherwise ngrec in wrUing,any upplicaiion of praceeds ta princ:ipul xhull nW extend or
<br /> `A�� po�tpone the due dute af the monthly pnymcnts referrcd ta in purugrnpha 1 und 2 ar chung�the nmount of such payments.
<br /> -_-� 11. Borrower Not Released; ForbearAnce By l.ender Not A Waiver. Extensian of thc timc for payment or
<br /> _."._
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<br /> " madificatian of amonixution of�he sum4 secured by thia Security Inxlrument grunted by Lender to any successor n nterest
<br /> _ �
<br /> + �- —°-"� of Borrawer shall not operate to t+elea4e the liability of the originul Borrower or Bomowerw�uccux+urK in intetest. e er
<br /> =�: . shwll not be required ro commence praceediogs ugumst any succesxor in in[erest or refuse lo extend Iime for payment ur
<br />;*".;�. �%�. otherwise madify umanization oP the sums secured by Ihis Securiry(nstn�ment by reuxon of any demund made by the originpl
<br /> � ' Borrower or Borrowerh auccessors in intemxt. Any farbearnnce by Lender in exercixing uny right or remedy shall not be u
<br />�ir'q ,�;' •' wuiver of ur pr+eclude the exercise of any right or remedy.
<br /> ,��� .,��� X ,. 12. Successors pnd Assigns Bound;Jotnt and Several Liebility;Co-slgners, The covenAnts und ugreement.r•of this
<br /> ��� '" ` ' Seeurity Instrument shall bind und benefit the successon und usxigns of Lender und Barrawer,+ubject ta the provisiom of
<br /> " , "''� '��"�� puragrnph 17. Bonowerw covenunts and agrcements shall be joint und severul. Any Barrower who co•sign� �hiy Securlty
<br /> "•>, ' �� :
<br /> �,e►+�5,.�+ • Instrument bul dces nat execute the Note: (a)is co-signing this Security In+trument only to monguge,grunl and convey that
<br /> ' ;2q�,,_, • Borrowery interest in the Propeny under the terms of�his Sccurity lostrument; (b)ix m�t personully u6lignted to pay the zumx
<br /> !`•.•t`�." secured by this Security Inxlrument:and(c)ugrees thut Lender and uny other Borrower m;�y ugree to extend,modify,farbear
<br /> �� �!:." % or make any accommodatians wi�h regard to�he �ermx of thiw Security Instrument or the Note without that Barrowar's
<br /> - .�-„�- cnnsent.
<br />• • . �•�'"�'' � 13. I.oan Cha�ges. If the loan tiecured by this Securiry Instrument is subject �o u Inw which sels maximum loan
<br /> #�.,;.,;,;,t.{�. churges,und Ihat luw i+finnlly interprcted so thut the interest or whcr loan churges collec�ed or to be c�lMcted in connection
<br /> „ ,'° with the bun exceed the pertniued limits,�hen: (u►uny tiuch loun churge shull be reduced by Ihe umount necesxary to reduce
<br /> ' �.• �::• �. : the charge ta the permiued limit;and(b)uny �umx ulrcady coUec�ed from Barrower which exceeded pemiilted limits will bc
<br />� � � •, '""''" ;�' refunded to Borrower. l.ender muy choo,e ta mnke Ihi�refund by mducing�he principul owed under�he Nate or by mnking a
<br /> '°' ��.;.�'. . • direct puyment to Bortower. If u refund reduceti principul,the reduction wlll be treuted us u puniul pn:puyment without any -
<br /> • ?�� � 'o;,�N' prepayment churge under the Nnte.
<br /> �„ 14. Noticcw. Any notice to Borrower pn►vided for in thiz Security In.trument shidl he given by delivering it ar by _
<br /> � ";!"�''t'` �'": muiling it by first cla�es mail unless upplicuble luw reyuireti utie of unuthcr methal.The nmice tihull be JirccteJ to Ihe Propeny
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<br /> �"!'►- �''�'"- Address or s+ny uther uddress Borrower devignutex hy notice�o LcnJcr. Any rn�ticc tu Lender shull bc given by first clusx _
<br /> "`:�"''"" � muil to Lender'x uddress stuted herein or any c�thrr udJrcss Lcncler designutex by notice to BoROwer. Any natire provideJ for
<br /> � .�• in this Security Ins�rumcro shull Ix Jcemed �o have Ixen �!iven to Bormwer or I.cnJer when given uti provided in this
<br /> � puragruph.
<br /> ., � � 1S. Covernln�G I.uw; Severubllity. Thix Security Ins�rumcnt shnll t>c govcmrd by fedrrul luw und the law oi'the
<br /> ;�-� H�''�' ' jurisdiction in which the Pn�x:ny is locuted. In the event thui uny pravision or cluux of this 5ecurity Instrument nr�he Note =
<br /> � "�""- �. cunflicts with applicuble luw,xuch r��ntlict shvll nut ul'tcct otlxr provi.iiim�it'thi�Securi�y Instrument or the Note whinc�un �
<br /> .• "''Ly.eY°•'� � he given etfect without the rontlicting provi�ion. Ti► tlii.rnd the pnwi.ion+of�hi. tiecuri�y Inxtrument und�he Nute ure
<br /> '�,., .1►�;;;�,;,;�.: .. � declared lo he,cveruble.
<br /> ,;� 16. Borrower's Cupy. BoROwer.hull Ix given ime cont'omied copy ut'Ihr Note unJ uf thix Sccurity In,trumen�.
<br /> � t7. '[1�ansfer of Ihe Property ur a NeneNcial lnterest In Borrower. U aU ar any part of thc Pn�peny or uny in�eresi in _
<br /> " �� `°� it is sold or�rnnsfcrred lor if a Ixnrfiriul intcrc�t in Eiorn�wcr i.r.cilJ�ir trunsfcrreJ urxl Borrower is not u nu�urul�xnonl
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<br /> z , witlxiut Lendcr's prior writtcn rnn�eni. LenJcr may.ut il.uption,rc��uim immrdiatc paymem in full of ull swn.+ccured by
<br /> :��a��,�'t;"..�� this 5ecuri�y Instrument. However,thix a�tion shull not lx�rxrrcised by Lender if exrrci+e ix pmhibiled by federul luw ati of
<br /> ,,,s�;;�; the dule of thiz Security Insirumem.
<br /> J � � If Lender exercixes thix op�ion.Lcnder,hull Eive Burc�,�ver noticr ot'acceler�uion. The nulicr shidl pmvide:►�xrind of
<br /> ' vAt'J.,' :�.�.i, .
<br /> .� '�s~'� not less thun 30 days fmm tlx Jatc thc noticc i+drlivcrcJ��r mailcJ wilhin which Burrcnvcr must pay all+umx sccurcd by thix -
<br /> , . , Security Inslrument. If Borrowrr fuil. lo rtiy th��e �um. prior lo �hr rz�iiralian��f' Ihi. �uriod. Lrndrr may invake i�ny
<br /> ' , remedies p�:miitted by thi.Sccurily In.trumenl x�ilhuut furthcr nuticc i�r JrmanJ un R��rruwrc -
<br /> •. 18. Borrnwer's Ri�ht to Reinstute. If Burnnvcr meet� crrlain cintJiliuns. Burrower �hull huvr Ihr riEht lo huve _
<br /> ,� � . enf'orcemcnt of this Security hiti�rument di,riHuim�rJ u�;m�•limc priur tu ihc r:u•lirr�►1': �:�1 5 day,lo�+ucli othrr Exrial us
<br /> � tim�.l.•I amd�••F'unnie SIuv�F'rnldle\luc l\Iftlk�t 1\sl'NI'�1F:\'1'- l mt��mi('���rvml. 41411 �p,��,•�!.�I��p,�e���� ["
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