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<br /> s�;— condemnation or aher taking of eny purt of the Propeny.or for conveyunce in lieu of condemnutian,+�re herehy uKSi�{ned und
<br /> '_•� rhall be paid to Lender.
<br /> In the event of a towl takina of Ihe Property,Ihe proceeda xhull be applied tu Ihe Kumx secured by Ihi++ Securi�y
<br /> 'y! Instrument, whather ar not then due,wilh any sxcasa paid ro Hormwcr. in�6e cv��U of a pwtiul wking of the Pmperty ln �
<br /> -� '. which the fnir market value of the Prupeny immediulely befom Ihe tukin�iw cquul tu or grcatcr than Ihe unu►um of dM suma _
<br /> - secured by thie Secudly Instrument immcdiately before the tuking,unlctiK Barrowcr und L.cndrr�NhrrwiK ugrec in writing, _
<br /> � the auma+gecured by this Security Instrument xhall bc rcduced by the omaunt of�he p�cxcedx mulliplicd hy Ihu fuUnwing -
<br /> _� __,_ � '<_�;±� frnction: (a)Qie totnl amount of the sums secured immediutely befarc the tuking.Jivided hy Ihl dx fuir murkcl vuluc of ihc
<br /> -- r- __
<br /> Property immediately before ihe wking. Any balunce shall be puid to Borr�awcr. in the rvem i�l'u pkri{al tukiug o!'thc �-
<br /> -- ��� Prope►ty in which the fair madcet vulue of the Property immediu�ely t+efure thc tuking Ix Icss thun thc umnum of Ihc�ums
<br /> _�'� secured immediately 6efore the tuking.unlesx Bonower und Lcndcr athenvixe ugrec in writing�+r unlew� upplicuhlc luw
<br /> otherwir,e provides.thc praceeds shull be npplied ro thc yums recurcd by thix Serurlly Inxtrumen�whc�hcr��r mn thc xumK are
<br /> _���,,:.:; then due.
<br /> �_„�..,•�� , If the Pmperty is abnndoned by BaROwer,or if,ufter nutice by Lender��BoROw�r�hut�he condcmnor�►fl'cr.w makc
<br /> -,___�, x�rsn�� _'^� nn nwurd or setde u cloim far damages,Borrower fnils to rexpand ta Lendcr within 111 duys uftcr thc dutc�hc ixNirc is givcn,
<br /> ° Lender is authodzed to collect and upply the proceedti,ut its��ption,either to restoru�ian or repuir uf tNr Pnrykny or�o chc
<br /> -_=`�,�s';�-.��_�.� sums secured by Ihix Security Inxlru�ue�u,whether or not then du¢. -
<br /> — = Unleax Lender and Barrower othenvi5e ngree in writing,uny upplicution of pnxecdx to pnncipul xhull nut ex�end or
<br /> - '' �=�`� poatpone the due date of thc monthly paymenis referred to in purngraphs I und 2 or change the um��unt of ruch puymcn�+.
<br /> .�.j_-�6�--- �
<br /> �--�-'•--u�• 11. Horrower Not Refcused; Farbeara�ce ity Lender Not a Waiver. Ex�ension of �he time i'cx puymcm or
<br /> ��^` "
<br /> �'-� maJificu[ion of amonization af�he xume secured by this Security Instniment grunted hy l.ender�o any succe+�ur in mterc+l
<br /> -' L��:' af Borrower shall not opernte ro relenM the liabiliry of the original Botrower or Borrawer»xuccesxo�x m inlcrcxl. Lcndcr
<br /> -•�°.- � shall not be required to commence proceeding�c nguinst any r�uccessor in interest or rePuse to extend tiim for puyment ur _
<br /> ..,�.:'.;�,
<br /> -- .,� otherwise madify umonization of the sums secured by this Security Instrument by rcuson of uny demund mude by�hc ariginu
<br /> `�.!l'�`''e��,:.� gorrower or BorrowerK successors in interest. Any forbearance by Lender in exercisinB uny right ar remedy xhull�x�t be u
<br /> '��'�:�'ro"' waiver of or preclude the exercise uf uny right or remedy.
<br /> ��-�' 12. Successors and Assl�ns Bound:Joint and Several Liabilily;C:o-signers. The cavcnums und ugreemems nf ihi�
<br /> _ , . ^�' � Security Instrument shall bind and benefit the successars and ussigns of Lender und Bortuwer,subject to the provisionz��i'
<br /> a°=°-`_ � a paragraph 17. Borrower�covenunn nnd Agreements shull t�joint und severul. Any Borrower who co-si�;ns �hix SecutNy
<br /> - ==_.C�.-k.
<br /> �,:•_; . Instrument but doex not execwe the Note: (a)ix co-signing thiti Security In+trument only to mortgage,grnnt and cnnvey ihat
<br /> "'�°�''-�'.'�'-� Borrowcr's interest in�he Property undcr the terms of this Security Ins�nimem; (b)is not penonully nbliga�ed to pay the�umti
<br /> '•+�•':.:._�.:. recuned by this Security Instrument:und(c)ugrces thut Lender und uny other Borrawer muy ugree to extend,mcxlify,fbnc�ur _
<br /> --_-�.
<br /> - - ---= or mnke nny accommodatiana with regard to the tenn� of this Secunty Inmtnimem or the Note without �hut BaRUwrrk
<br /> ,�'�.,'yeF w y.. consent.
<br /> ° •- #,,,,_: _ l3. Loan Chergess. If the bun ,ecured by this Securiry Instrumcnt is subject w u luw which ,etx muximum laun
<br /> --°—— =�:�;y�r��_�-_- `° chorge�,anti ihui iuw��tiuuily inieipreiCd tio ih�i iltC iiiiCrc::t or other la:m charges cn!lected�+r 1���collected in connec�lon
<br />__ i� '.�. ..
<br /> r�lrs' : with the loon exceed Ihe permitted limilx,then: (u)uny�uch loun churge xhull be reduced by the umouot nece+sury to reducc
<br />- ��'� �••`° �� the churge to the permilted limi�:nnd(b)uny xum+ulreudy collected from Borrower which exceeded permined limi�x will he _
<br /> �--.s�r,�..�;r�, ;,,, " refunded to Borrower. Lender muy choo.e�o muke thiti refund by reJucing the principal owed under the Nrne or by muking u
<br /> ����"""" direct payment�o Borrower. If u refund reducex pri�x:ipul,the reduction will Ix aeated as u paniol prepuyment wiihout uny
<br /> �� ��+�*• _� ° �. prepuyment charge under Ihc Note.
<br /> --�-- `•.`� 14. Notices. Any notice to Bormwer provided i'or in this Security Inztrument shull l� given by delivering it ur by
<br /> L.a.. .
<br /> 1� �,,�,,:.. .�, mniling it by tirst clags muil unless upplicuble law reyuirc+u,e uf unolher mclhcxl.The notice shall bc directed to the Propeny _
<br />- ,•�i �• Addres,or any other udJrex,Borrower dcsignutex by noticr�o Lrnder. Any no�ice to Lencler shnll ix given by fint clu+s _
<br /> ����, • . mail to Lender's uJdre,�stutcd hcrcin or uny olhcr uJdress LcnJcr designute,by notice to Rorniw�r. Any nnticc providcJ ti►r =
<br /> � `°�'"' ''``'"`�`� in this Securit Intitn�ment shull hc Jccmed to htwc heen given tu Borrowcr��r l.ender when given u.r• provided in�hiz
<br /> ��•-r.�.Q:,. . Y
<br /> _t� • �R parugroph.
<br /> -�'� ��%� 15. Governing Law; SeverabilNy. This 5ecuriry Instrumrnt xhall lx� govemcd hy federul luw und dtic law c�f Ihe
<br /> �- � � �;.;_,�.,., jurisdiction in which the Propeny is k�cuted. In the cvent thut uny provisi�m nr cluuse of'�his Security Insln�ment ur tlk Nutr
<br /> :'-����:r.' ' conflicts with upplicablc luw.such runtlirt zhull nut ul'tect uthcr pruvi,iun�of thiti Sccuriiy Inxtrun�cnt or thc Na�c which cun _
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<br /> —° � -�, .,fi�� , be given effect without �hc contlicting provix�on. To thi+enJ �he provi.iuns�if thiz Securi�y Instnmient uncl Ihc Nute ure
<br /> "-���"�:"�,'}-,. declurcd to be severuble.
<br /> ---- �� 16. Borrower's Copy. Borrower yhull lx�given one ronfi�nncd c��py of tlx Nole unJ i�f thix Security Inxlrumenl.
<br /> �.:_.�,;�R�.' �':, • 17, 'I�ansier ui'the Properly or a Heneficiul lnterest in Borrower. II':�U ur uny part�if thc Pro�xny cx uny intere��in
<br /> - - it is sold ar trun.r•ferred lor if u Ix�neticiul intcrrxt in Borrowcr is u�ld or tran,ferccJ und Borcower ix niit u nulurul�xnon)
<br /> �`-��'y� "� ~" , without Lcnder:s prior written consent,Lendcr may.at its uplion,rcyuin� inunedia�c payment in full uf all.um..ecured hy
<br /> :+�3_:�"a•'^�:� this Security Instrument. However,this optiun,hull nw bc�xerci,eJ My Lenclrr il cxcrci+e ix prohibited by tederal law uc ot'
<br /> �`� � rv the date af this Security Intitrumcnt.
<br /> �_ �•.::.;..:;;�,
<br /> -•�'���� � If Lender excrciscti�hi�option.Lender tihull givc Borcou•er n��ticr ul'uccclrr.aiun. Thr m�tice�hull proviJc u�xriiKl ot'
<br /> -':'•�' � . •="x not less thun 3ll days from thc Julc�hc noticc i.dclivcreJ or mailed wi�hin u•hirh f3urruwcr murt pay all swm.ccureJ hy ihi�
<br />,;%�?l� .,:� �'•',�u"'0.
<br />-r._.: .. Security Instrument. If B�mowcr fuil.tu puy �hc�r tium� prior lu Ihc expirutiun uf �his �xri�xl, L.cnJcr muy iuvoke uny
<br /> '�`- .. ^ remedies�m�illed hy thi�Security h�titrumenl without funhrr niNicr ur drmand�m Horrower.
<br /> - � 18. Borrower's Rlsht to Rein.r•Wtr. It� Burrow�r merl. certain coikliliun.. I�ortuwer �hall havr th� righl tu huvr
<br />,`. . anforeemem uf ihis Security In,trumrni di+ruminucJ m aui) �intr prior tu thr carlirr ul: �:u S duy+lor�uch u�hrr�kri��l u�
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