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<br /> �: condemnatian or other taking of any partc�i thR Ptaa�il;u,rtti�r convej�wice in tieu of condemnation.atz t�ceeby assi}�ed w�d
<br /> — � shall be paid to Lc�ndev. '-.::::,;':' ' -
<br /> � In the evrnt of a catal tak'sri8 af the f'topeitl�. thc'p�oce�ds.sAall i�e applied to thc sums :Secured by this Sccurity
<br /> _ [nsttument.whether or not thenda�..with any ezces+paid to Borrower. [n the evcnt of 3 pa�tial ta►kirtg of the 1Ropetty in
<br /> '�' �thich the�ia�tmarket vaiue'of tlie�`toperty immediatety 6efote the ta�ing is eyuaf to or g�atcr if�an tAe smc�nnt af the stims:
<br /> _ • secun�!by tfiis Securiiy Instrameat�immediatety before the takin�,un2ess Burrot.•er and Leader athcrwi�e�g�ee in writing.
<br /> th�sums seeuced Dy this Seeurity Inswment shall be reducec!by the amount of the praceeds muttiptic.�d bs�dte Eoltowing
<br /> .fraction: (a)�he total�nwunt of the surtu secund immedi�tely beCoce the taking.divided bg tb)the fa�r marEet value of the
<br /> pcoperty imma�iately before the taking. Any batance shalf be paid to Bam�wes. fn the event of t►partiai tak+ng of the
<br /> -_ - -- —_ ,pivperty�n ivhict�the fair market value of tfie P�vpe�tq immediutety befo:e thc takiag i+tess than thc amount af ehe-sums ------
<br /> - — • secured immediatety�before the taking,unies5 Bom44ver and Lender otberwise �ee in writing nc untes.v appticabte taw
<br /> - -� othemise provides.the proceeds shatl be applied to the su�r�.c secuned by tius Security lnstrument whether or aot the sums are �_ �_
<br /> .T-..� then due.
<br /> - _ If the P[operty is abar►doned by Bosrower.or if,after notice by Lertde�to 6orrower tlttu the candemnar offe�to tnake
<br /> an awacd pr settle a ct�jtn for damages.Botrower faits to respond w l�nder�vithin 3a days after the date the nutice'is giver. �_
<br /> � � Lender is authorized to collect and apply the pmceeds,at it4 optiun.eith�r to mstoration or repair of the FropertY or w the
<br /> T- � �,;, sums secvred by this Seeurity icutrument,whetfier or rtal ttten.due.
<br /> Unless Lender and Barrowec otherwise a�.'e in writing.any appGcadon of proceeds w principal shult not extend or
<br /> : - postpc�iie the due date of the mont6ly paymertcs�eaed ta in paragraphs 1 and 2 or change the amount of such paymen�s.
<br /> ` � El. Borsawer Not Rdea�: Fur�a"�ia�gQ �r Not a K���ver. Exteasion af the [ime fa�r poyment av
<br /> � modi�ration of�nortization of tL-.e sums secured.by Wis 5�+.-uriey lnst�vment gr�nced.by f.ender to uny successor in inteiest =
<br /> of Borrower shalI v,at operate to release tite liabitity of tite original Borrower ot Borrower'.s successan in interest.Lender �;�:
<br /> 'g shall not be req�:Cn comr�tence praceediQ�s against any saccessar in intetest or refuse to eatend time for payment ot E���
<br /> �i.' otherwise modit�a�iza[ion of the sums secured by this Secarity insuuc�teat 6y masan of any demand made by the origina! �:;��_
<br /> Bonower or Bor��r's suctess�rs in intere�. My fotbearnicce by Ler�s��:e�cis►n,�.anY nb'ht or remedy shall not be a �•Y;�y__
<br /> �• waiver of or prectude the exer,cisi of any right oa remedy. �'" . - �;,��,--
<br /> �:� l2. Sucees�ors�nd Assigns Bound;Joint�and Sever�I LiaLttitit'��-�s:.�'c�wveaant4 ar�d ugreemerus of this �;��.,.
<br /> .:,��• • Securiry Iasteument shall bind and benefit tt�successors and assigns af u:.��:^..a1�.�siower,subject to the provisions of �-�.u�:-
<br /> ;;� - paragapb 17.�orrower's cave�ats and a�a�nents sfiap be jaint and:�er�i. Any 8otrower wha.co-signs this Securiry ;`'��¢4��;
<br /> ` ;- v�� ri e Instn�ment but does not execute the Note: (a���co-signing this Security fmrrument oqty to mort�.zge.�ant and convey that s `� �'
<br /> ':.:.�,` ' •' -- �
<br /> - • . 1„.,, Bvrrower's interest in the P�apertw under the tecens of this�urity lnctrumen� (b)is r.oc�onafly eFl��ated to pay the sums _ _
<br /> ' 1'�> '� secured by this Security Instr�urx�t:and(c)agees that F.e��+:and any other Borrawerr�.ay agree ta extend.madify.forbear . -,�
<br /> -f sM1��.,..::. . or.make any aecommodatior,s with regard to the tetms�ff�3'�is 5ecurity Insttument or the Aote without that Barrower's �
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<br /> �'���`� ` 13. I.o�n Charge�. If the toan seoured by this Security Instcument ic sub}ect to a law which sets maximum loan ;-;�;,�:
<br /> `." <<,r,,.,:, cis�es,and that iaw is finally i�terpreted so that the interest or ather loan char�es coQected or to be collected in connectian ,::. . --
<br /> � Y i,��. witSn�;�e toan exceed the pecm�itt'a3limi�s,then: (a)any such loan charge shall be reduced by the amount necessary to reduce F:
<br /> .r� '.'��'�14�_' i,,.,�t�.. � :Z- ,i P . _'_
<br /> < .. the charge ta the permitted Si.L�"`and Ib)any sums already a•;tected fcam Borrower a��itili exceeded rmitted limitx�ili 6e �.,.r�, �,;,�
<br /> ��.';'���t'�> refunded to Borrower. E.en��r•�chaose to muke this refursd by reducin�ihe princiyaL crxed under the Note ar by r.sr.�I:ir►�a y��e ��� ,. '�-.
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<br /> •�- �" • -.• direct payment ta Serra�ue�:=L�a xefund reduczs principal.the reductian wlll be treated as a partial prepayment w�ithaat any +t<<����.�, __�_
<br /> `• "'' PriePayment char�t�.r�L�.4�i�. , Si�'�k�° � �t �
<br /> •'��, ��'`•�,,��5,;,. , 14. 1Votiees.,�.L:'�'��=���3 Bnaower^veided for'sn this Securs=a (c:urUment shull be gicer N,:delivering it or by R�t'`"� �..� -
<br /> � ,�;., , mailing it by first c;a4s�aiF cus;�.c�;applicable law reguire�.u�+��f anatlter rn�thad.The crrr.a:e�hall�ui�;�cted to�he Praperty �' : �r,',;�.
<br /> ' �`�-�� IWdress or any other a�..�..�s��:EOwer designates by no���.o Lender. Any notice c�a G.��•aer shats be given by�i�t class �� , ff .
<br /> �" v `� � � �� mail to Lender's addr�e;s.-rate���:rein ar any ather address Lender dc�ign.�tes by natice:m L��:rower. Any notice p�*�ss�ed for •, .,f�,!•t :
<br /> in this Security frk�.�acr:z�:e�hafl be deemed ta have bcen given ta Borrowcr ar Lcrtder when given �s provide+�in thi� , - :'%�-
<br /> �.'t� '�� . • paragraph. .:. '� .�-'^-�
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<br /> 15. Govern:�g'La�;SFCerability. Thi� Security Intitnimcnt shull be govemed by fedcral law and the law of the , ".-'.:-_—
<br /> '� ` '`• � jurisdiction in which the Pr���.+is tocated. fn the event that any provi�ion ar clau�e of this Securiry instrument or the Note ��� .d •: .'.•�•:;�
<br /> •�; _ .
<br /> � �'r- conflicts with,appficabtc taw.:.tzh cnnflict�hall not affect other pravi�innc of thit Seca-i.:lnstrument ar the Nate which can ��'1,�'�, . _ �
<br /> � ��.A'�;� be given effeet without the canfticting provisian. Tu this end the pravi�ions af this 5�.�-ity Instrument and ihe Nate are :'Y�.�s'{�' ' ;
<br /> . :' . �� I � dectared to be severable. �' ''�" '`,+
<br /> '' ' 16. Horrower's Copy. Borrowcr shall hc given ane canformcd cwpy of thc Nate an�a8 this Security Instrumcnt. -;°�.;F;;;..,
<br /> ;�'�.:f; '�.,�x;'. ;' lT. 1lranster ot the Property or a Beneflcial lnterest in I3orrowcr (f all or anp r�.'c�C.e:C��a;!erty ot any intere�t in . ,, . ,
<br /> •`�tiis�.• it is sotd ar transferred lor if a 6eneficis�l interest in Bnrmwer iy�ald nr tr�nsferred�-�f i;:�.::��°r i�not a natural j�erson) �
<br /> sM��. ' ��,.'.:
<br /> withaut Lender's prior written v��nsem,l.ender may.at i�s option.rea�uire immediate g�;�'+-:a:in full Qf All sum�tierured by ,�•,c��;:.
<br /> ,:,- ,'�� <'t:,���t,�'�` �,..,
<br /> �"�r,. ,_ this Security In.strument. Ho�nrevcr.this aption yhull not hc exerciyrd by l.ender ii ex�:�:;�:"s;prahibited by fcderal law ac af
<br /> , 't,-'<' =r- ° the date of this Security Instrumen�
<br /> , •°', � . ��` Ii Lender exercise�Ihi�:optian.l.ender shall give Bnrroa•cr natice ati ucceleratio�:�Thr nntice�hall provide a periad of
<br /> . ';:'''"' �'-'�� . }s:�
<br /> ��,� .�q- no1 less than 30 days iram the datc ihe nutice i�delivered or mailyd wi�hic�«",,4t:�fi,a�-�'n mutit pay.Ql sum�secured by thiti
<br /> � Security lnstrumcnt. li Bonc+wer fails ta pay thc~c�um� prinr tn the e�c:�:::�•�r� :�.`:i:~. period,l.endcr may invoke any
<br /> � remedies permitted by thir Secu�ity In+trument withuut(unhcr noiice nrdemand a�s�.��- �:�M1er.
<br /> � � 1l1. Borruwer's Ri�M to Reinstate. If Rorcawer mcet� cenain conc{itionti. �r.�rrmver+hall ha��e the right ea have
<br /> �� ' enforcement of d�is Secutily M�trumem disa�n�inurA ut tmy time prinr tc��he ea�lier c,f: la►S days lor�url�nther peria!a�
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<br /> '�"'4 Singlc F.imily•-Fa¢ai�e btttet►'tCAdk S1ac 1'YIFpRSI l�iti'1'Nl'tti ti"f•-l-nitonn Coi��.cn 9.90 e�x�t��l�//��arq�•.� , .
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