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<br /> =� -- c�ndemnation ar whcr lnkin�of ony purt oi thc Propert��,or for cunvoyanco in lieu o{�oo demnulian.ar�e Nereby wssi�ned and
<br /> rhall bc puid to Lender.
<br /> �uu In Ihe event of n tatel tuking oF the Pro�rty, the prueeeds shull lx� applled to the nums r+ecured by Ihiw Securlty
<br /> Insuumcnt,whethcr or not thcn duc,with any exceti,pnid ta Borr�wcr. In the event of n puhial toking oP�he Praperry In
<br /> '-� which the fair market vufue of the Property immediatcly hefore�he�uking iR cquui io��r grea�cr�huu�hC uu�ount of th.:sum�
<br /> :� xecured by this Security Instrumcnt immcdiatcly beforc Ihc tuking,�mletis Barrawcr und Lcnder othcrwi�e ugrec in wrlUng,
<br /> ��" ihe sum�sccured by thiz Security Inxtrwmnt �hAll bc rcduced by Ihr umaunt��f the pnxeedx multiplied by Ihe follawing
<br /> fruc�ian: (a)Iho tatul omamt of thc sumg�ccurcd immccliately hcfore thc tuking,dividcd by(b)the fuir market valuc uf thc
<br /> =� Property immediolcly bcforc thc tuking. Any bulance ahull be puid �o Bormwcr. In ihe even� uf a purtiol taking uf the
<br /> • •� Property in which the Fuir murket vulue��f tf�e Prupeny immediululy befurc ihr tuking i� ktis than the umount of Ihr+um+ �.
<br /> r,ecured immediutely before the Inking, unless Bo�ower uixl Lender rnherwi�e agree in writing ar unless applicablc luw
<br /> _ ��._ - atherwise provides,the pruceedx shull be c►pplied to the�ums tiecured by thi.r Securi�y Instrumrnt whether ar nw the wms are
<br /> -- �_;� then due.
<br /> If the PropeAy is abundoned by Borrowcr.ar if,uf�cr notice by Lendcr�o Borrowcr thot the condemnor offen lu muke
<br /> _ - un award or settle a claim fbr damuges,Borrawer fuil.tu re,pond to l.endcr wUhin 30 dayti uticr thc dute�hc notice i�gfven,
<br /> ;r��"` � L.ender is uuthorized to collect und apply�he praceedx,at itx op�ion,either lo re+tora�ion or ropair of the Propcerty or to the
<br /> - �n�„�; sums recured by this Security Instniment,whether or not then duc.
<br /> j�,,,;;,�;�`-� Unless Lender und Borroaer otherwixe ugree in w�iting,uny upplicatiun af proceeds to principul xhull not extend or
<br /> `�"-`-�'�• postpone the due datc of ihe monthly paymentx rcferrcd ro in purugruphs I und 2 or chimgc Ihc umount ut such paymenis.
<br /> :�;�..�•"� 1 L Borrower Not Released: Forbearancc 8y Lender Not a Waiver. Extenxion of the timc Tor payment or
<br /> _�^ ='��`. � modification of amorlization of the sums xecured by Ihis S:curiry Instrumenl grumed by Lender to uny successor in inlerest
<br /> _ - 'w�� of Bornnwer shull not uperute �o retcasc thc liubility of the originnl Borrower or Burrower'.s aucce�yors m interest. Lendcr
<br /> -^,�;,, - A ,-�:� shult not be required to commence proceedings agamrt ony .r•uccexsor In interext ur refuse to extend time for puyment or
<br /> _--` =��'-r- othenvisc modify amortizution of the xums secured by this Security Instrument by reuson ot'uny demand made by Ihe originul
<br /> ��e.�as, . .
<br /> Borrower or Borrower:s succexsorti in intemst. Any Porbearance by Lender in exercixing uny right ur remedy slmll nat be a
<br /> - . ���;j� waiver of or prcclude the exercixe nf uny right or rcmedy.
<br /> J. ° 1Z. Successorx and AssigaR Bound;Jolnt and Several I.labllity;Casigners. Thc covenunts und u�reements of this
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<br /> :d•••�,•; Securiry instrument shall bind und henefit Ihe successon and asxigns of LenJer and Bi�rrawer,subXct ta the provizions uf
<br /> ;,� .•;�; � l paragraph 17. Borrowerc covenants and ngreements xhull be joint unJ tieverul. Any Borrower who co•+igns thls Securiry
<br /> • - ° •• Instrument but dors not exrcute�he Note: (u)is co-tiigning this Security Imtrument only to mongv�e,grunt und cunvey thut
<br /> ' �`�'""� Borrower�inlerest in the Propeny under thc termr�of thix Sccuriry Imtrumcnt; (b)i�not personully obli�u�cd to puy the sumx
<br /> ���.:•�.���� . �eecured by this Security Instrument:and lc)agree,tiwt Lender unJ uny other B��rrower muy agree to extend,modify,forbear
<br /> k-•.•', _;E: � • or make uny uccommadations with regard to Ihc termx of thix Securfly Inslniment or the Note without Ihut Borrower's
<br /> • `'', consent.
<br />� '. �' '�°`^: l3. Loan Charges. If�tx: loun s�cured by thiti Scwrity Instn�mcnt ix subject lo u luw which sets muximum loan
<br /> . ,.. .
<br /> `��,2 . churge+,und�hut luw ix tinully interpreted zo thut�he interest or oiher loun rhurges coUerted or�a t►e collected in connection
<br /> - _ �;,�,., with ihe loan eacccd the�rmiited limits,then: (a!any sueh loan churgr vhal!I+c r�•d��red hy�he umount necessury ro reduce
<br /> ' Ihe chs�rge to the permitteJ limil;und(h)uny xun+ulreudy rullcctcJ from BoROwer which excceded permiucd limi�s wfll be
<br /> � �• refunded w Borrower. Lender muy rhoose to muke thiti rcfund by reducing�hc principal oweJ under�he Note or by muking u
<br /> .�,�, �. direct payment to Borrower. If u reiund reducr+prinripul,the reduction will Uc trcated us u punial prepayment without uny
<br /> _ ,, prepaymcnt churge undcr�hc Notc.
<br /> � • �r� 14. Notkes. Any noticc to Borruwer providcd ti►r in ihi. Scrurity Instrument �hall be given by deliverin�t it or by
<br /> _ � .� muiling it by fint clutis muil unless upplicublc Is►w myuires use oF unolher me�hud.The Mnice+hull be directeJ to the Property
<br /> Address or wty othcr uddress Borcower desiEnulrs by iw�icr to Lender. Any nwicr w Lendcr+hull be given by firxt clu+.r•
<br /> ��"`'� ',. W muil to Lender:s uddretis�luted herein ur uny olhcr aJdm�,l.crnlrr designutcs by noticc to Burrowrr. Any notice proviJcd i'or
<br /> . ' '" ' �• in �his Securiry In,trumcnt shall Ix deemeJ to huve lx:en given l0 8orrowcr ur l.ender whrn �iven us pn�vided in this
<br /> ,:r��- " � paragruph.
<br /> ..:.��'. . ` IS, (:overninR LAw: Severability. Thi� Sccurity In+trumm�i ,hull lxr govrmcJ My frcicrul luw und �hc law of the
<br /> �-+�:•- jurixliction in which the Prupeny i+lixuted. In the evcnt thut uny provi+ion or rla�ur uf�hi.Securiiy In+trumcn�ur thc Nae
<br /> ""' ' ' conflict,with applicablc luw.,uch contlici.bull nut al'Icct�►thcr provi.i�►nx uf ihi,Security Instrumcm��r ihr Nutc which c•rn
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<br /> .,,, be given effect without Ihr cuntlicting pnwisinn. 'lii Ihis enJ Ihe provi.i�ntti of'this Securily In�lrument anJ the ote ure
<br />„ :�,�;;,, . dcclurcd lo bc+rvcrublc.
<br /> �,:b . 16. Borrower's Cupy. Borruwcr+hull he�ivcn unc cunfornuJ rupy iif thr Nute and ot'thi.Sccuri�y Imtrument.
<br /> � � 17. '11�ansPer uP the Property nr a[icnciirinl Inte�est in Burrower. I(uU ur am�nad of�hr Praprny or any intcm�t in _
<br /> «ti��' o ' it is sold or trunxfcRCd lor il'u tx•ncticiu)inlerc�i in Burrowcr i. .uld��r tran�frrrcd and Barro�vcr iti nat a nutu�.d �xr.an�
<br /> , ���, �..�� wi�hout Lendcr:prior wri��en cument. Lrnder muy.ut itr option.rcyuirr immcdintr paymcm in 1'ull of all tiumr sccured hy
<br /> " , this Sccurity Inytrument. Howcvcr.this uplion�hull nW he rxerci.ed Ny Lenikr if rx�rci�c i+��rohibited by tcderul law a�of -
<br /> • . the date of thi+Sccurity In,trormnt.
<br /> -, ..,. , If Lendcr excn:i.es�hi+uption.LenJcr.hull givr Borrowcr notirr„I'acrrlrratiun. Thc niNirc,hull providr a�xriocl of
<br /> � : ' nat I�ss thun 30 duyx i'r�im�hc Jutc dk nuticr i,drlivcrcJ ur mailyd.�•i�hin whirh Burr��w�r mu.t pciy•rll�um+�rcureJ ny this
<br /> � � Sccurily Intitrwncnt. If Borrowcr fuil� lu p:ry thr+c wm� prior to thc crpiratiun ot'ihi��xrNKl. Lernkr muy invoke any
<br /> ° remeJies�xrmiucd by thi�Securi�y Imlrumrnt wilhaut liirlher notice or Jrm��nJ��n Nnrr����cr.
<br /> _ , 18. Burrnwer'x Riaht lo Reinstute. If HoRUwrr mcrt. renain rondi�iun+. li��rrawcr •h:dl h:wc d�c right tu havr
<br /> .. .. � enforcemem of thi.Sccuriry In,�rument di,runlinu�J :d an} �iror priur tu th.rarlicr ul`. �:�►S d:�y+���r wch uth�r�xri�xi a�
<br /> " . 5inple h:und�--Fupnlc�fueiFriddlc�fuc l\IMIIN�t I�ti I kl�IF:\f l minnn�m rnam. 4�W1 �P��¢r J�.1 r�l4�e�:"
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