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<br /> :�oncfKnu�tion or otixc tolcing of any paR of tt�e Pruperty•nr far catveyance in licu af coodemn�tiaa.arc hael�y a.ssiBned acd -
<br /> =sh�li 6e paid tn t.endor. ,. : • ' ,
<br /> rt tltc aa.�ceds shall 6e lied tv thc su��s.secared by this Secur�ty .
<br /> in the,ev�nt of a taal saking nf the Prape y, P � <
<br /> insttu�(it��Wtte�ier ar aat thm duc.with any eacess paid ta Boqoust. In the etene Af a g�tint[akioe af thc PtopettY in
<br /> - wdich clt�,f�i€,�ttaricct va:nt of the PmFertY imme�i�tciy bcfarr the Wking is eyual to a:grea��t�an tLe ar�wnt of.the sumv .
<br /> — cecuied by ttus Secuary tast�+ta�at immediatety befote ttte t�lcin�.c�nless Bwrower anJ l.ender otherwi.se ngcre in writing.
<br /> she sums secartd by Ihi.w;Sc�udty:[i�strumznt sh�ll be iedured tsy the amuunt at't�►e pracecdS multiplied by d�e foSbuing
<br /> �� �z}��}���f tbc.�++�s�esured immes�iately 6efi�ne the takingr.dividcd by(6>the Cair market value of the
<br /> � .R�perty i�mediacely�efor�,,thq:takang. AnY balancc st►atl be paid to Borrowcr. tn the event af a putial taking of tbe '
<br /> p�o�eny en w��ch the fair m;�Gj v.:ilue of thG l'mpeRy immedintely befo�the taking is tcss ti�n the amaunt of ehe.surns
<br /> securcd immediately befaie ttte taki��, unless BoROwer and Lender otherwise agree in wriiing ar unless appiicuble taw
<br /> -- �n„�se provides,ttse proQeeds sh�11 b�appGed to ttte sums secucrd by thi.s�Security insuument whether or not the sums am
<br /> tf�n dtx. '
<br /> If tfee Property is abat�daaed by;�azrower,or i�after notic�e Dy I.end��to 6armwer thai the condemaar offers ta make
<br /> an awaJd vr settk a claim fac damages,BormKer fails tn respald w Lendec wittin 3(1 dnys afteR the datc the nntic��io the
<br /> Ler�der is nutIwrnxd w eplte�t and apply tl�e prce�eds.:n ics optioq.eifher to cesturstion or cepair of the Pr�perty
<br /> suma secur�d,by thi&.$�sl►n1Y,lns�ment.whetlter or not tS�en due.
<br /> :;. ', �n��;��;q�qy��d��wise agree ui writing,any applicatian of prQceeQs ta pri�,cipa!sha11 not extend c�
<br /> � ',postpw�e t�e due datR.Pf t�mom�Qaytner�ts referred to in paragraphs 1 ar�8 2 or change�he amount of such payments.
<br /> _ — _ t1. Borro�u Nut„ReJ��f4d: F'oebwrnl�ce By Lendtr i�aE o Waiti�er. , Eacensiart of.the dme for payrnau a
<br /> — madification of amottizauu�l,4f the sums secated by this Security[nstnunent granted by Lender ta any successor u►inreiest
<br /> �=— ef BormwEr sha[t not ope�ate to�ele�5e the tiabiliry af the u+iginal Borrawe�or Borra�rer�s successors in interest.Lender
<br /> = — shall naE 6e�tequi�d to Crnnrtl��P�ngt;against arty suscessor iis inter�;c ar refu5e to extend time far p:►yment or
<br /> otl�wise modify amq�zuaqtt t��,�secui�ed bY this Security Instn�ment hy masan af�ny demand made tiy the onginal
<br /> - �o�rav►er cx Barowes.'s�ssars in intete�. Any,forbeaiance by Lender ar exsrcising any nghi or remedy shali not be a _
<br />---— , waiYerof ot p�1�����Q��Y�8bt or remedy.
<br /> �-5- , �;i. SQCV�'s�nd Aasig�la�tttd*JdM and Several I.iab�llty;Co�signtrs. 'i'f�c caven�nts and agreements of ehis. ,
<br /> K<�r $��;.,Frs�nent shall bind m�d beu�fii�e successars and assigtu of Lender and Borrower suh;ect co the provisians oi' ." `
<br /> ���:��� p��4:.�:Bor�ower's cove�ts.aa��eert�ents shall be joint and severat.My Bomnver c�ho co-signs[his Securit�r .
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<br /> - `- .:.�iastrument�ut does not.erc�ste the i�a:' ta1 is cw�r#irtg this Sec�uity Inst[ument only to mortg���aat and caavey tt�at .
<br /> � �4orrowet's intetest in tfr��c�+etry.unaec r�e terms of tf�is Security instiurttenk t6)is not personally obligatecl to pay the sums --
<br /> .s�vred by this Sepuil.��,�.,-�qunear.�9cp agrees that l.ender and any other Bnrmwer may agree to extend.m4dify,forb�u _
<br /> . , -• �or maYe aau;.accv �.. 'ion.g witb �ar�to t6e terms of this Securiry lassrumert or the Note wiihout that BormKers. �—
<br />�;':;;;f' ` '�ca�sen� '. — —
<br /> == 13, �ia,�.E�aRges. lf the.loatr:�ecared by this.Security fnstroment is subject to a taw which sets maximum loan
<br /> -- �:- ' . •":charges.ai�t'�at�y�.is t'uzatty interpretec!so that,th��lnterest ar other loan chat�s col2ected ar to be collected in connection _
<br />��=i�`�t• with the loan exceed tl�e permitted limits,tden: la1�►y such laan charge shall be redmced bY the amount necessary to reduce _
<br /> '"'�:'._'�' ' the ehar�e,tn��lte pem�itted limit:and Ib)any sums alreudy coltecKed from�arrov►er R•6ich exceeded pertnitted limits.wil�be . ----'
<br /> -__:;{-.; refunded rr��rtower. Lender may chaase to make this c�efund by.reducing.the principa!owed und�t ihe Note ar by makin�.a ���_
<br /> _ disect pay�rm�ct to Barrower. If•a refund.tCduces principai.the,teduction v4i1!b�treated as a partia�.prepayment withoui any __ —
<br /> ;.�' prepayment cfiarge under the Note. -
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<br /> " i 14. Notices. Any notice ta�oaower provided for+n thiy Securicy Inytsuntent shai) be�ven by delivering it or by. �.��--
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<br /> mailing it by first class mail untess applicable law reyuires use at apather method.7�e notice shall be directed to the Propefty _�.•
<br /> Address ar any,other address Borrower designates by nouce to l.endet. Any.natice to i.ender shall be given by first ciass :-,:,a-�.
<br /> � mail to I.render'saddress stated herein t�r:uty ather addre+�Lendetdesignates by notice to BorraW�er. Any notice provided for ,.. ._ _
<br /> � ' in this Seqarity.tnstrument �hall pe+d�emed to have bern given.ta,sarrowes ar Lender cvherr g9ven as provided in thiy '�~- '_.
<br /> P�fi�Ph•�� �,�.�
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<br /> !S. Goreraing Lnw.Sererair"f:Y�.� 7bis Serurity instrumcnt shall be govemed by federal law and the !aw of the• �-
<br /> jurisdictian in which the�m�tty is tacatcd. Tn the event ihat an�provisiwt nr claus:of this 5ecurity Insirument ar the Note �.�:
<br /> � � conilicts wit�-applica8S�4u��:huch carz,P.ict shal!not af fe c t a t h e s p ro v i s i o ns o f this S ecurit y lnctrument or the I��e which caa
<br /> n be given ef���o withou!the conilistin���rAavision. To this end thc.provisionc ai this Security tr4tiwment:-r.d sfie Note a:z ' �,.
<br /> `:'' � ` declared C�nl��everable. :�� _• ;�-
<br /> '' I6. �ower's Copy. Borro��'��Y;:ii Ix gisen ane canformed copy af the Nnte and af th;s Security[rtSZ�::sent. , . -. :="�.`:
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<br /> � ' - 17. Transfer of tht Property ot��eneRciat Interest in RorroKer. if ail ar e�y pvt of the Propert}�F1�sl`?�in�erest irs ; ,:. �_
<br />� it is sold or�ransfenec�,r��if a bene5cial interest in Borrower i+snld or transfe�u3,and Borrawer is nat a r,�.aral person) ;?�=';.R.;;�,__
<br /> - without Lender's paar�n's;C`.en coase�.s.`.ender may,at its uption.require immediuti;payment in full af aN sums secured by ,J��
<br /> � 'p, tfiis Security tnstrument Hawever..tfii;�aption shall not[�e exerciscd by Lrndet it'eaerci�e iti prohibited by federal law uc of �::�`:�''
<br /> . • , �''' the date a8r;is Security lnstrument..„ `=:
<br /> � � !f l.en�er exercises this uption.�er,der shall give Borruwer natice of acceteration. 'fhe notice�hall pcovide a period bt . ;: `:�'
<br /> � nut less Ihan 30 days from the date the notire is dcli�eted ar mailed witfiin whic�i t3vrr�wer�nuyt pay aU sums secnre�by this Er '
<br /> " � Security t:;•:�rUment. If Borrower fails to pay tt:e����mti prior to thn cKpiratirna oF thi� periexl.Ixnder rtray invoke any ��;,` �. �
<br /> -� remedie��e�rtitted by thi�Security Instrumer.t�z ith��uc further notice or deman:i'ti•.n Barro�ti•er. �
<br />_ � :� 1��Iiet rower'.4 Rip,ht to Reirt�t�te. 3r�i��rotver mccts c��rs:a conditinna. Borrower �haU Mave thc sigfit to hac.: : -
<br /> �`�'• � enforce�r���of this Security In�crum�nr d;�cor.UGGCL�:11:my time�s�cs��o�ho earlier uf: la�5 da�•�I�r.ruch other peric�i a5 ,
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