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<br /> -- _ g�._ 1u633?
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<br /> _��1 condemnation or othcr takina of uny part of the Propeny.or for canveyence in Ifeu of condemnation,ura hcroby ar�i�nnw and ,
<br /> _ '� slwll 6e paid to Lender. �
<br /> � , i In the event of a total tnking of the Property, the praceeds shall be applicd to Ihc xumx �ecurcd by thix Security
<br /> = Insuvment,whether or not then due,with any excesa paid to BoROwer. In lhe.event of a pArtial u►king of'thc PiropeAy in
<br /> �—� whieh the tair mw'ket vulue of the Propeny immr�iivtciy i,efinc itw taicing is cgus�t ta ur sresterlhun ttse am�x�nt�f thn Kuma �_
<br /> `'�•' r�ecured by thia S�:urity Instrument immediutely before the taking, unless Borrowcr und Lcnder otherwirc ugrce in writing,
<br /> � �� thc tiums�cecured by this Sccurity Instrument shall be reduced by tha umnunt of�he proceeds mult4plied by thc fallawing
<br /> � — fractian: (u)the total arnount of the sums secured immediAtely before thB�uking,divided by (b)thc fnir murket vuluc��f Ihe
<br /> .;;� Piropeny immcdiutely before the toking. Any bulance shall be p�id to Borrawer. In the event nf u partiul laking of the
<br /> 1 :��• Property in which the fuir n�urket valuc of thc Praperty immcdiately before the taking iv lews Ihun Ihe umnunt af the.rums �,
<br /> hecured immediately before the tuking, unlesg Borrower and Lender otherwi�e ngree in writfng��r unlers applicoble luw
<br /> ,;f„� odierwi�e provides,the pru�:eeds shall be opplied to�he suma xecured by thix Security Inutrument whether or not the aumw are
<br /> �.�;,.-,:-- then due.
<br /> =Q�,�,>._ If the PropeRy is abundoned by Borrower,or if,after notice by Lender to Borrower thut the cundemnor affcn�to makc
<br /> -�.-u�' an uward or settle n cluim fur damngcs,Borrawer fuils to respor.d to Lendcr within 30 dnys utier�hc dute thc nutice is given, _
<br /> =�W.., Lendar is authoriaed to collcct und upply the proceeds,ut its opdon,either to restorution ur repuir of the Property or to the
<br /> -- '�';:.:� aums secured by this Security lnstrument.whether or not then due. -
<br /> �:.,:�q;,��`,"=� Uoies.r Lender und Borrowcr otherwise s�gree in writing, uny uppl6cation of proceeds to principul xhAll not extend ar
<br /> " postpane the due ds�te of the monthly puyments referted to in parAg�raphx 1 and 2 or chunge the amount of such payments.
<br /> ' ll. Borrower Not Releasedi Forbearance By Lender Nat a Waiver. Bztensian of the time for payment ar
<br /> ---m;ifi:•_.�
<br /> ---.�;,� modification of umortizntion of the xum�secured by this Security Instrument grunted by l.ender to uny successur in interest
<br /> — --==�'•'?�'.'!�'�'��'� of Borrawcr shall not opernte to relea�e�he liabiliry of ihe origlnul Borrower ar Borrower�xuccessorv in interesl. Lender _
<br /> -°"'""��_" shull not be required to commence praceedings aguin�t any xuccessor in interest or refutie ta extend time fbr puyment ur
<br /> _ ___ -- � "� nthenvir+e madify amortiu►tion of the sums�ecured by this Security lns�rument by reuson of uny demond mAde by the originul
<br /> ��:���•,,,' Borrowcr or BoROwer K successors in interest. Any forbearanrc by l.ender in exercising uny nght ur remedy gholl not bc a
<br /> "��..' wuiver of or preclude the exercise of uny right or r+emedy.
<br /> ,g;�,��;_�'�""" ',, ' 12. Succcssors and Assigns Bound;.loiat and Several Liability;Cu-signe�. The covenunts unJ ugreements of this
<br /> - ���` '`'�- Security In+trument shull bind und bcnefit�he xuccezsors unJ ussigns of Lender und Sorrower, subject ta the pruviRions af _
<br /> - z�`"�""'�� �r parugruph 17. Borrower's covenun�s and ugreements shall be joint and scverul. Any Barrawer who co-signs ihis Security
<br /> ----��r_.,�.�.;:a.
<br /> - �+��--.*�. Inwtrument but does not execute the Note: (a)is co-xigning thiti Securily In+trumern only to nwnguge.grunt und convey t at
<br /> __. .,�.;,;�
<br /> �-T��� Borrower�interest in thc Pro{x:rty under the tcrms of thi�Security Instmmcnt; (bl is not penonally obliguted ro pay t e sums
<br /> �'�1��±�?;.�;i xecurcd by this Security lnslrumenr,und(c)ugrees�hat Lender und uny other Boirower may ugree to extcnd,modify,forbear
<br /> _.---�,:• or muke uny accommodutions with regard to�he termx of this Security Instrument or the Note without that BoROwer:s
<br /> �---�^�•� canxent.
<br /> ""`�"''•`rr;�.�." - l3. Loan Chprges. If the luun secured by this Sccuri[y Inxtrumcnt is subject to u law which sets muximum loun
<br /> �'��►� j'••A%' churges,und that luw iti finally interpreted so thut thc inlercs�or nther ban churRex collected or to be collected in connection
<br /> '�`�.:
<br /> - --___ -=- -- with ihe loan exceed the permitted limits,tlx�n� (n)uny xuch loun charge tihull be rcduced by �hc umaum necesxury to re uce
<br /> �� ,�,-��., g�,� the churge to the permiued limit:tmd(b)uny sumti ulready collecled I'rom Burrower which exceeded permitted limils will be
<br /> `-��=g�' -�a •� rcfunded tu Borrower. Lender muy chooxe to muke thiti ref'und by reducing�he principul owed under the Note or Uy muking u �.
<br /> _-��,�,��' ''���.°�� Jirect puyment�o Borrower. IF u refund reducex principul,the reduction will bc�reuted us u purtiul prepuyment without uny
<br /> °��`- �'�''• pmpuyment churge under thc Nate. `
<br /> •'�76� �°„pj� 14. Nuticea. Any notice io B�im�wer provickd far in this Securi�y Intilrument shall lx given by delivering it or by
<br />:�ny� � .
<br /> muiling it by firtit cluxs muil unless upplicablc luw reyuir�x u,e c�f uno�her methal.The nuticr shall be direrted to the perty
<br /> .���'•'� �._„R...� ' Addresti ur uny other uddre�s Burrower ckxignatr,by notice to Lendcr. Any notice to Lender shull Me given by fint cluxx
<br /> ..".��:,.-,, r
<br /> �`�'ti•� muil to Lendcr;uddre,s,luted hcrein or suiy other address Lencter de�ignaiex by noticc tu Rorrower. Any notice provided for
<br /> ��z'-��'�'£"�"` '''° , in thix Sccurity Instrument shull hc Jcrmed to huve hcen given to BoROw�r ur LenJer when givcn us provided in this `
<br /> � ��'�':'.. , purugruph.
<br />-N�� ,�,�•,x,-,,;� • IS. 4overning l.aw: tieverabUity. This Security In+lrument shull bc govcrneJ by federul luw und thc luw of the
<br /> ��'�,�• '�!�!` jurisdiction in which the Property is I�xa�ed. In the event thu�s�ny provision ur clau,�uf thix Security Instrwnent ar the Note __
<br /> ••�""�; �'="°¢''�" ' �' canflir��with upplicuble law.,uch contlict shall not t�ffect rnlxr pr�wi,ium of Ihis Securiiy In,irument or the Notc which cun - -
<br /> " .�E*'�;,�` ix:given effect wi�hout Ihe cunllictinF provision. Tii �his en� ihe pn�visKmx of thiti Securiry Inxirument and Ihe Note ure u
<br /> ;.:::;:.� �Rye;.,,.,
<br /> .�:� ' . decltved lu ht'�everablc.
<br /> -:��. ��. : ,, n 16. Borrower's Cnpy. Burruwcr shull lx given unc ronfcxmed cupy of the Note und��t'�his Scruriry Instrument. _
<br /> �-��'. � 17. '11�Ansfer oP fhe Pruperty ur e�Beneficiul Interest in Ibrr��wer. If ull or any pun ol'�hr Pro�xrty or uny interest in _
<br /> y�`'' � ' ' it i+ .uIJ��r trumf�rrrJ(ur if a hcncticial intcrc+t in Born�wcr i, .��IJ��r�rc�n+tcrrcd und R�irrnwcr is not a nu�ural personl
<br /> �� :�:, 'qs�cr�.r:.:a, `
<br /> "�"`�': �' � r,� "; wilhout Lcndrr's prinr writtcn cun+ent. Lcndrr may.ut it,uptii�n. reyuirc immcdia�c paymern in full of ull sums+ecured My
<br /> _ ..h �'
<br /> Ihis Security In�irwnent. Howcver,this��ptiun+hall nut Ix rx�rei,ed by Lcndcr if cxrrcise is pmhibited by federul luw u�ot'
<br /> -��`.µ.. '�r�;�a�'.. • _ ihe dutc ul�his Sccurity In+trument. --
<br /> - •, , ' 11'Lcndcr cxerci�c,this optiun.l.rnder shull givr Burr��wcr noticc u(a��cclrration. Thr notice sh•rll pruvide u periixl of
<br /> -:?�-°��� " ni�t Ic��Ihun i0 duy�t'tr�m Ihc dntc ihc niHicc is Jclivcred ur mailed wilhin which f3orcuwer mu+t pay•rll tiums,ecureJ by�his
<br /> .'L•<• � v " krurity In.lrumcnl. U Horraw�r 1'uils to puy thrsr u�nu priur to �hc expirution of'this �xriixl.Lcndcr muy invoke nny
<br />�__....:• ,y., .�.
<br /> , . mmcdic.�xrnnurd hy Ihi.Srcurity Imtrumcnl with�w�I'ur�hcr nutirr�K dcmanJ an Bom�wc�.
<br /> " ` � , 18. Rorrower'x Riuhl lo Reinstate. II'Burrowcr mcch crrlain ronditiunti. Borrower ,hall havr thr righl to huve �
<br /> ... „ � cntiirrcmenl uf Ihis Srcuriiy In,trumrnt di�r�,minurJ al uny limc priur la Ihe r�irlicr of: I:u 5 duy�(��r.urh uth�r�xriixl a,
<br /> , - o . � 5foplr I�,woly--Funnle 1fuMFYeddlr Mur l'fNFI1N�t 11�'1'RI'S1F:h"1'••umiorn�t ov.mm, 4PJU �/r,��,�.1 nl n�a���•�i i
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