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<br /> �� conciemnation or other taki��of uny pun oP!he Prop�Ay,or Pur canveyunce in lieu af cnndemnution,urc hercMy axsi�ned�nd _
<br /> -' �htdl tx;paid to I.endcr.
<br /> - -- -- In thc evont uf u total laking at' �he PropeAy, the procecd� shull he upplicd to the suma reccured by �hir� Securlty
<br /> -- - -- Inotstlment, u+hr�hPr nr nnt �han duc.with Lny cxcess paid�o Borrawer. In�hc event of u purtiul tuking uf�hc Prc�eny ln
<br /> �� which the fair mnrkel valuc ot�he Pn►peny immediutely lx�forc�hc�uking ir+cqual m or grcutcr ihan ihc um�nn�t of tStic sssm�
<br /> _ - xecured by�his Security[nx�n�mcn�immediuicly Ucfure ihe mking,unle��Bormwer und L�nder otherwi�c u�rree in writing,
<br /> �he sums secured by this Sccuriry Inr�rument wholl be Rduced by �he umnum ot'ihe pnxeedti multiplied by the fullc�wing
<br /> � W fractfon: (al thc total amaunt of thc sumx nccun:d immedfutcly hcforc Ih�iaking,divided by Ibl thc t'air markc�vuluc��f�hc
<br /> Pmpeny immcdiutcly t+cforc thc tukinK. 4ny buluncc xhull bc puiJ ta Bn���owcr. In�he event ut'u puniul �uking of the
<br /> -- _ Propeny fn which �he fair muricet vuluc of�I� P�oprny imirn:diutcly tx:fi�re the tAking is Ic�s thnn Ihe nm��um of�he xums
<br /> ..- secured immediutely before the taking, unless Bormwer und Lender othenvixe ugrec in writing or w�lcx+� uppliruble luw
<br /> - - = atherwiuc provides,the prcicecds shull be upplied�o the sumx�cured by this Security Inx�rument whclhcr or not Ihe sums ure
<br /> then due.
<br /> ___ -1,�� If the Property ih abundoned by Borruwer,or if,nfter notice by Lcncler to Burrower thu�th�condemnor uffen to muke
<br /> ._ en award ar settle a cluim for dumages.Borrower failti to respond to Lender within 311 duy�ufter ihe dute the nutice is given,
<br /> —�"°`�,r� Lender ix uutho�ized co callect und apply�he procecds,at it,uption,either to restarution or repuir of the Propeny�r to the
<br /> ' ' ` suma secured by this Security Instrumcnb wheiher or not then dus.
<br /> Y-�.,,�_r`� Unless Lender++nd Barrower otherwise ugree in writing,any applicution of pnx:eedz ta principal shall no� extend or
<br /> __,� postpone ihe due dAle af thc manthly puymentx referrcd ta in puragraphti 1 und 2 ar change thc umount af tiuch puyment+.
<br /> 11. Borrower Not Releaxed; Forbearance By I.ende� Not a Wafver. Extcnxian of the time i'or pnyment or
<br /> ._- '"�� maditication of nmonization of the�ums secured by[hix Security Instniment grnnted by Lender to uny�ucce+sur in intercst _
<br /> -' -� of Borrower shall nat operutc ta relcuse the liability af tha originul BoROwer or Borrower'.s succexsun in Mtcrest.l.ender —
<br /> � •?'�:�• �hall not be required ro commence proceedin�s agninst any wuccessor in inrerewt or refuse �o extend �ime for puyment ur _
<br />-- �--- - _ -�'�'.�� otherwise modify Amonizution of the sums secured by this Security Instrument by reuson ot'any demund mude by the original v
<br /> �sr�;;• '. Banower or Borrower's xuccesxon in interest. Any forbeurnnc�by Lender in exerciwing uny right or remedy.rhull nut be a
<br /> �µg�>a�� waiver of or preclude the exercixe of uny right or rcmedy.
<br /> . �'�'";�s' ° 12. Successare and Assigns Bound;Joint and SeverAl LiabfUty;Co•Aigner9. The cuvenunts und ugreemen�s af this v
<br /> __�=���-**- x_ n° Security Mstrument shall bind und benefit the surcesson und atitiign�:of Lender und Burrower,subject ta the provitiionx��f =
<br /> -�-"�'�``''�''��' aru ru h 17. Borrower� covennnts und ugrcements shall be joint und severul. Any Borrower who co-sign+�his Securiry
<br /> �,�'�":°: -• P 8 P _
<br /> *'°� Instniment but doex not exccute the Note: (a)is co-�igning thix 5ecw ity Inxtniment only ta mongage,grunt und convey�hut
<br /> `�'.��`.�:.�'s:_
<br /> �. f�,�.,:.... Borrawer's interest in�he Property under thc�crms of thi+Security Ins�rument; (b>ix not penonally obliguteJ to puy the tium+
<br /> =�-�%:."7'� secured by tBis Security Ins�rument;und(c)ugrcex thut Lcnder unJ uny uther Borrowcr muy ugrce lo cxtend,m«liPy.Fa�bcur
<br /> =;,��.�; ' : or make uny accummodutions with regurd 1a the ternts of Ihir Security Instrument or the Note without thut Botroweri _
<br /> �"°�'`'4�;r47� con�ent. �
<br /> _�-�- ''�'r�"� l3. Loon Cherges. If the luun xecured by this Security Inx�rument is subject w u luw wbich set, muximum loun
<br /> r. .;t,�-:..�:.
<br /> - '�:` churgeti,and�hut luw is fnnlly interpreted so thnt the interest ur other loun chorgex collected or�o be wllected in conneclion
<br /> -_+arij�-_---_ -
<br />- -�r��-,:,..,- . witii ii�C lua��a�ceed itu permiticd limitx,then: !a!sn)such!nw!chnrgr�hf�ll he rcduced by the amount necessury to reducc
<br /> _'���'�= �• the charge to�he permilted limit;and(b)uny sumx ulreuJy collected from Bnrmwer which exceeded pertnit�ed limits will he
<br />`:�',� �'����-•�-�` refundeJ to Borrower. Lender muy chewse to muke tbis rei'unJ by reducing the principul owed under the Nale or by muking u _
<br /> ���-�� • �� direct payment to Borrower. If u refund reducex principul,the reduction will hc treated ati u purtiul prepaymen�without any
<br />�-"� ., i , prepuyment churge under the No�c.
<br /> ,-??� � " � 14. Notkes. Any naice to Bormwer pruvided i'or in ihi, Sccurity Instrument shull M: �!iven by drlivering it or by
<br /> _���E '.�.�.
<br />_�..�,���.,= mailin�it by fint clu�s muil unles,upplicublc luw rcyuire�usc of uno�hcr method.Thc iw�icc+hull be Jirectcd to t e �perty
<br /> ='��� •
<br /> „ _,..,,,;,.� Addrexs or uny othcr uddresx Borrower dctiignutex by notice w Lendcr. Any notice to Lcnder shull t+e given by iirxt c u+� _
<br /> �'�-"�'r: " • muil to Lender:uddre,x stutcd hen�in��r uny u�her uddm+�Lender Jesignates by noiice�o HoROwcr. Any nuticc provideJ for
<br /> ..:-.:���� '' ,��� in �his Securiry Inxtrumen� shull t►c dcemed lo huvc heen givcn �o BorcoN�er or Lendcr when given us provided in this
<br />:�.��.._.; y,�� parugruph.
<br /> ���t 15. Governing I.ew; SeverabiNty. This Scrurity In�irunnnt shall 6c govcmcd by fcderul law urxl thc luw ui'the
<br /> _,��:�;.:: ,.:
<br /> __ •�.,K_�,.•:-- i juriuliction in which the Propeny i�I�xuteJ. In the event ihut uny provision ur cluu�c ui'thi,Security Inslrument ur the Note
<br /> ���•- conflictti with upplicuble law,.uch con0ict shull not i�ff'ect o�hcr pruvisionx oF this Securiry Instrumrnt or Ihe No�e which run
<br /> ..t,;;.
<br />'�=�'�" -- � be Fiven eYfect without the c�milicling pruvixion. To thi.cnd thr provision.�►f'�his Security Instrument und�he Note ure
<br /> -`=`��y.. .. � � declared to be xcverable.
<br /> ±,=�� �' "r:.", ' l6. Dorrower's Copy. Borrowe�+hull tk gi��en one contiirnuJ copy ol'Ihr Nnlc and��I'thiz Sccurity Inxtrument.
<br /> :��.�
<br /> � �•�r 17. 'I�unsfcr of the Property ur u 13eneficiul Interest in 13orrower. If uU��r any p:�n ot th�Pmperty or uny inlerext in �.
<br /> -- '°� it is xold or�ransfcrred (or ii'u l+eneticiul interc,t in Borniwcr i, .nld or Iransfcrred und Bnrrower is nnt u nuwrul�xnonl
<br /> "�'�.`���',, n withuut Lender's prior writ�en r�mxent,Lrnder muy..0 it,uption, reyuire immcdiuic paymcnt in full of all�ums tiecured by _
<br />-3<s'�.!�o ,�w'' ., thi�Sewrily hic:trument. Howevcr,this oplion shull nrn ix rxerci.ed hy Leixicr it'exeni.e ix prohibited by fedcrul law us of
<br /> ^!$:...._., -
<br /> -��,��_,�... � the dnte of this Security Imtrumrnt. _
<br /> ,-��".-•.';'..: � If Lender exerci,c,�his uption.LenJcr xhull give Bom�w•cr n�xicr ol'arcrlcrntiun. Tlk m►tire.hull provide a period of !
<br />,-'?�•.�•... :.. m� '..
<br /> - not less thun 30 duyw i'mm the dute ihc ixnice i.Jelivered or muilyd within which Hurrow�r mu,t p:�y ull sumx securrd hy this
<br /> ==M�t� .��a .� . '� . Security Inxtrument. It' Borrower fiiik to puy ttx+r xums prior tu Ihc cxpirutiun of�his �x�ial. LenJer ntay in�okc any
<br /> _ , .. ,.�:.�
<br /> __ „ • remedics�m�iucd by thiti 3ccurity Instrumem without funhrr notice or drmund un orruwrr.
<br /> . ' � IS. Bot'rqwer'�t Ri�hl tu Reinslote. 11' Burruwcr mcct� ccrlain rundi�ii�ns. Burrower �I�all have Ihr right to hav� ,
<br /> - enforcemen�oi'this Security Inxtrument Ji,run�inu�d al any�imr priur tu tli�rarlicr of: �u15 Jay�lor wrh i�thcr�xri�xl ati
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