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<br /> candemnatlon or o�her Wcfn�of�ny part of�he P�op�rty.a tar canvayuwx in lieu o�'cnrdenuia�ion.�ro hueby wi�ned+�nd
<br /> �h�ll be paW ta l.endcr.
<br /> In thc evcnt of� taal ukin�of�he Ptaperty.�he proceed� dull be applied to tho cumi socured by this 3ecurity
<br /> Instrument,whether or not�hai duc,with su�y exceas paid to Bortower. In the eveM af a piutl�) t�kinQ of Ihe �r1y in
<br /> wbich the fiir m�rket vAlue of tho Propeny imcnediately beforc the tnking is equrl to or gncater than�he rrt�ount of wma
<br /> 4: necured by�his Secudty Instrumrnt immediwtely bePore the takfng,unkRS Borrower and Lcndcr oth�rvvise a��in writin�.
<br /> thc suma securcd by thia Security Inswmcm riiwll he reduced by Ute amount of thepracads muUlplied by�ho followin�
<br /> f'rnrnction: (al the total amaunt uf the�cums secured immediatcly beforc the tukiag,divided by(b)�hc trir morkct value af the
<br /> � Propedy Immediutely beforc �he wking. Any balwice xhall bc paid ro Borrower. In the cvent of a panial taking of�he
<br /> Property in which tha fair market value of thc Property immediately beforc 1he Uiking ia lcss thu�Ihe amount oi Ihe sumA
<br /> secured immediately bafore tho �aking,unicss Barrower and Lend�er ahcnvise agrce in w�iting or unicsx applicAble law
<br /> �„ othenvlxe pmvide»,ihe proceed�shall bo applied to the aums secured by this Secudry Inauument wl�e�her or not the Ruma wr
<br /> then due.
<br /> +' If the Pmpeny is abandancd by Bairower.or if,af�er notic�by Lender to Borrower�hu�the rondemnor offer�to muke
<br /> sm nward or sett8e u claim for dumagex,Borrower fails to respond to Lender within 30 doys aRer th@ dute�he notice is given,
<br /> , ;•.� Lender is uuthoriud to co118ct nnd upply the proceeds,ut ils option,either to resuxutiun cx rcpair of the Propeny or to the
<br /> aumx�ecured by thip Security In�tamen�,whether or nat�hen due.
<br /> Unless L.endar und Barrower aherwise agree in w�lting,uny upplication of pracceda io p�i�cipal xhall na extcnd or
<br /> m postpone the due dAta af tho manthly paymems r+eferrecl ta in purugruphs 1 and 2 or chonga the s�nwuM of such payments.
<br /> I1. Borrower Not Released; ForbeAr't�nce By A..ender Not a Wsiiver. Extensian of the timc for payment or
<br /> . -. �'�• '�' ,�,,�'� modifica�ion of wnortixation of the sums secured by Ihia Secu�iry instrument grnnted by Lender to any successor in intercst
<br /> ,� �'�`1'��•"'"`• • of Borrower shull not opernia to relea.ce tho lis�bility of the odginul Borrower or Borrower'a successors in interest. L.ender
<br /> �T. ' �:..�==.:- , - shall not be requircd ta cammence praceedings agninsl nny successor in intere�t or refatie[o eztend time for payment or
<br /> �� .� . . 4;., othenvise madify amortizution of ihe sums secured by this Security lnsuument by reason of uny demand made by the original
<br /> � • � ;,::;'� Borrower ar Bo�rowerk suececsora io interest. Any forbearance by Lendee in exerclsing any right or rrmedy shcill nat be a
<br /> ' woivcr of or preclude the exereisc of any righi or remcdy.
<br /> r . `; IZ. Successors aod Assigns Bound;Joint And Severs�l Liability;Co-signers. The covenants und ugrecmentx af thi�
<br /> � - Security Inslrument shull bind and benefit the �uccesso�und a�signs of Lender und Borrower,subject to the provisions of
<br /> parf+graph 17. Borrower c covenunlx ond agreememx tihall be joint nnd sevrral. Any Borrower who co-signs this Security
<br /> �
<br /> �Y?• Instrument bu�does not ezecuie the Note: (u)ir co-signing thic Security Instrument only to mortgage,grnnt and convey�hat
<br /> ;:,i`�• . Borrow�rk intere+t in the Propeny under�hc tcrm+oi�hiz Securiry Instrumenr, (b)is not personully obligated to puy the sums
<br /> .'��p; xecuned by�his Securi�y Instrumenl;und(c)agreex that Lender nnd any other Borrower muy agnee to extend,madify,forbesv
<br /> ��,:' or make uny accommaiationx wi�h negarcl to the Iemi4 of thi+ Securiry Ins�rument or the Note without that Borrower�s
<br /> conticnt.
<br /> .•e
<br /> .. ' !3. I.oan Charges. If�he loun ucured by ahis Securiiy Inxtrument i. xubject to u Iaw which se�s mnximum lonn
<br /> -- , churge+,un�i ihui iuw iY fiiiuiiy iulc�picic,l,u tiidi iix interesi or aih�r laan chargcs co!}ccicd or to be rn!lected in cottssection
<br /> r" . l;.;;�. ;,�" wi�h thc laan excced Ihe pemiil�ed 8miis.�hen: (a)uny such lann charge xhnll 6e reducrd by the amowit necesw�ry to reduae
<br /> ' the chorge�o Ihe permltted limit;and(bl uny�umx ulreudy collected trom Borrawer which exceeded permilted limils wtl!be
<br /> ;' ;'.�;,;�; � .I���� refun�ed to Born�wer. l.ender may chix►.e to makc thix rcfund by teducing the principal owed under the Note or by muking a
<br /> `r ' •.�. direr�payment to BoROwer. If u rei'unJ tzduces principul,the reduction will be�rcated ux a paniol pr�epayment without ony:
<br /> ��'` ,f r•�� prcpuyment chorge undor thc Note.
<br /> �'� ' 14. Notkes. Any notice to B�irrnwrr provided for in �his Securiry Inwtrument tihell be given by delivering it or by
<br /> "�{;, . • mailing i�by fir�t clu.s muil unl�s,upplic�Mc lu�x rcyuire,u.c ai imWher method.The natice shall bedirected to tha P�op�rty
<br /> j - AJdrc�s or nny other uddrr..BaROwrr de.ignulcs My no�icc �o Lender. Any nolice to Lender shall 6e given by first clux4
<br /> •'• muil�o l.endrr z s�ddrcs�.uueJ hercin��r uny othrr i�ddm»Lendcr dc�ignute+by notire to Bomower. Any notice provided for
<br /> '��� in Ihi, Sccuriry Imm�ment shull hc Jcemed to huvc heen given to Borrower or Lender when �ivtn as provided in thia
<br /> `+'' . . paruFroph.
<br /> ` ,' 15. Go��erninR I.aw; tieverability. Thi,Securi�y Inx�rumcnt ,hull Ix govcrned by federul law und �he law of the
<br /> J ' juri.rdirtion in which th�F'ru�xny i�I�xa�ed. In ihe rvent th:u uny provi.ian or cluu+r of�his Security Instrument or the Note
<br /> , , .. c�Mflici.with applicahir law•..urh rontlict+hall not uflcc�o�hrr pnrvi.ions ut Ihi+Seruri�y Instrumenl or�he Nute which cnn
<br /> tk given effect wi�hout �he contlictin�pravi.i�ai. Ti,thi�end�he provitiionti ot'thi.Srrurity In.trumem nnd the Note ure
<br /> . d�wl•rmd to tx.evcruhlc.
<br /> 16. 8urrower's('op�•. B��rruH•er.h:�ll Ik�i�en unc cunformed c��pc of Ihr Note unJ i�l'�hi.Srcurity Imtrument.
<br /> ;"` 17. 7�ansier oi Ihe Properlv nr a Beneliciul Interext in Borrower. 11'all or uny pun��f'thc f'm�xny or any interest in
<br /> i�i. xold or transfrrred Iur il'u txixtirial imrrr.� in Burrawrr i,.�,Id ur ir.m�fcrrrJ and Born�wrr i+ no�a nuturul penonl
<br /> • without Lender:priur�vrillrn r�m.rnl.Lendrr may,at i�ti upii�m.reNuire immediatr payment in 1'uU ot'ull sums uucu�eJ by
<br /> thi+Serurily In�trumem. H�►acvrr.�hi.aplion,h:dl n�N Ix cxcrci+cd by Lcndcr if exrrcire i�pmhibfled by federal Inw us ot�
<br /> , the dulc ol'ihi.Sccuriry In.�run�rnt.
<br /> If l.cnJrr rxerci,r�Ihi�opti��n.l.endrr,h:dl give B�►RO�crr notice of urrekr�nion. The ni�tir�.hull proviJe u perial of
<br /> not Ies.lhan 30 da�•.fr�,m Ihr date Ihr nrnicr i.Jrlicercd ur mailed�+•ithin���hirh Rurrm�rr mu,t pay all ,wn.,ecured hy thix
<br /> � ., • • Srcurily In.lrumrnt. 11' Hurru.�rr I'ail,lu pa� ih�•.c �wn. priur a� Ihr ctpirnti�m uf thi. �riixl. l.cndcr muy invokc uny
<br /> . rcmcJir.�xnnillyd b�Ihi.tircuril�In,tnunrm ��ilh��W funhrr n�iticr or drmund on H��rruurr.
<br /> I8. BnrroNer's RiRht tn Rcinmtatc. It' Norruarr mrrt. r�nain runditi��m. Burro�<<r .hall ha�•c Ihc ri�hl to huvr
<br /> � rntiirrrmrm ot'thi.Scrurit� 6i,tnm�r�u di.r„nlinu�d a� am timc priur to Ihr r:�rlirr��f: �ui 5 d,��,inr,urh oihcr�xriixl ati ,
<br /> . timFle I anul� —Fannk\fue'Fnddle\1s�c 1 VIFI/R�I I�ti'1'RI'�IF:\'f 1 nd�mu t'men;uu. 9N9 i/arer���t n�w�ru
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