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<br /> t co�d�mnrtion gr ottrcr tai-a�g of.�ny part af the PtopectYzor�`conveyanc�in lieu a�cond5mna�ion.are hercby assigaed and
<br /> shall�paid to l.ender. � et the pmceeds shalt be applied to the sums secumA by this Security
<br /> ` In tT�t'evert of�total takiag of[he Ptupe. Y• af the rt in
<br /> �Tnstrument,whether or not then dne.with any excess�id to Bonow� In the event�of a p�rtial t�icin8 � Y
<br /> which thc fair market vatue of the Yrapecty immediatelY befon the ta7ting is equa!to br&reater tt�an the autuunt of the sums
<br /> seciugd by this Security instn�ment immedeatety 6eiaia the taking,unless Butrower and Lender otheswise agiee in writing.
<br /> tflc snms securcd 6y this Security(n�ument shail be�d►��d by the amaunt of the procee�s muhiptied by.the following
<br /> , ��: �ay�j��$��:Qf�su�ns S�cs�red immediatrlg hefare the eaking,divided by(b)the Cair madcet vatue of the
<br /> ptopeity immediateiy before the tatring. Any Uatana sha116e P�id to Bormwqr. Yn the esent bf a partiat taicing af t[�e
<br /> property in whidt.the f�ir m�ricet vaiue of the PcopeaY immed�ateiy befom the taking is te�tl�a:r the amouni of the sums
<br /> seaued immediatety befone ttie takin$. unEess Borro�ver�nct i.ender ather.vise aSree�n writing or:untess apptica6le 1aw �
<br /> -- ��se pmvides,�he proce�s shalt he applied to tiie sums secured by[his Secvrity instnsmen[whether or not the sums are
<br /> - thea due.
<br /> °_ If ti�e Roperty is abandoned b�Surtawer,or if,after antice b�I.ender to Borrower that the condemnar affers co ma�e _
<br /> `=-!'„_:.- an�award or seWe a ctaim for damages.�orrower fails to resppnd to lxnder within 30 days after the d.te the natice is given.
<br /> � _ �- - -i,ertdei is autin�riz�+i ta catiect ane��ppiy t�te Proceeds:at�ts apti�n..either to restoratian or repair of the Progetty or to the
<br /> - -
<br /> - — sums secured by this Security Insm�m��whether ar nat then due. . _ �—-..-
<br /> �in m'�r;in an a lication of mceeds[o princiFat shalt not exteied or
<br /> Urtless Leader and Bamower othecwise a�e & Y PP �
<br /> '_��: . �stpone the due date of the monthly p�ymeats tefe�S�in P�S�Phs 1 and 2 or c�nge the amoant of such pay�atents. _
<br /> _`'�� .' . tl. Rormwer Not Rel�ed+ �or�°� BF•;��der Nat a 1�'aiver.. �tension af We_time fnc paymenc ac
<br />�`�'•�' `.• � modificarion of amactizadon of tfie sums secured by this Securitjr Instrument granted hy l.ender[�'any���n�nterest
<br /> � x� of Borrower shall not o�erate to rePe�e the liabi�ity af the original Borrower or Borrower's�uo�'ss"z�i�-'�st l.ender
<br /> ���� � shall not be requised to commence proccedin8s�'��Y successor in interest ar refuse to est.�.�-3 tiet�t"�i�aYment or
<br /> '-=�:' •t;:� etherwise modify amortization of the sums secUred b��s Securiry instrument by irason of any demand ma�4s"t t�ong�nal
<br /> :'�;�,: -.. $orrower ar Brnrower's successars in inte'ress. A�'f.^rbearunce by Lender in exercising any right or remedy�i1 nW be a
<br /> - �`��waiver of ar pt+eclude the execcise of an�r riglit or�dY• �
<br /> r- . 12. Successors and A�signs BouacER Soint aad Several Liabi�tty;Go-signers. The covena.ct.5 and agrecments of this _
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<br /> �' � � Security Instrument shall bind and berteU'v c'.ie successors and assigns of Lender and Borrower.v,�fc;�t to the provisions of
<br /> �''" ` .paragrapb i'I. Borrower's covenants��cementc shall be joint and several.Any Borrower�-::o ro-signs,this Security �a�.r:�.
<br /> � .Inmument but does not execute tba hot�:'t�)is eo-signing thts Seeurity Instrument c�'�y to mon�age,g�.at.:+��Copvey ttu�t , ���
<br /> � ' _ Borrower's interest in the Frepecty tutder tiie tertns of this Security Instrumen�: fb3 is�at persanalty o61i�•:��,�fP��y the sums '�k�_�
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<br /> - • secuted�y this Securiry In.shumen�aad;<c)agrees that l.eader and any other Bor�ower may agree t��x*�s:rr•r�ify.forbear �..�.,�,6,,
<br /> - . � or make any ascommadadons with r�ar.�-'to the terms af this Secunty tastrument or the 1\c�en:*�'s�o�`;�'..'at 8orrower's �,;-
<br /> "� ti`.� • consen� �"��w.
<br /> - • 13. Loan Charge9. if the toaii�x.�ted by this Security Instrument is subject to a lau�i:-3el�;.fs.�i;vcimum loa[� ____ _.
<br /> - � sharges.and that law is finally interpreted so that the i:�terest or alher loan charges coltected ot to i�e co�����i;,.connection -H--
<br /> � ;,, , with the toan exceed the permitted limits,then: (a1 a,��:�ach toan charge shall be reduced by the astta�mt::�y to reduce �-
<br /> the cbarge to ihe pem�itted limi�and(b)any sums a:ceasy coite�Ked from Borrower which excec,..�33��emritted"r►mits will be ��"�°
<br /> . � _ ��,;rj refunded to 8orrower. Lertder may chaose to make�hix refund by reducing the principa!awed u.ur�crt6e NFote or by making a . , a���--. _
<br /> L . �,�,�,:, direct payment to Borrower. If a refund reduces principal,the red��ion wiil be treated as a�z�coL:1!�repayment without any --
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<br /> prepayment charge under the Note.
<br /> T",;�`� 1 4. No Nces. Any ae#ce t o B o a o w e e p fi a v i d e,�i f a r i n t h i s S e c u r i t y I n u r u r r e s r:�s h�t l�;�ven b y deliverin g it or b y ��' '�r"m'_=
<br /> ��.� mailing it by first class ma�i antess applicab[a taw requices use af another methad_fii'ti�souce s�sEil be directed to the Propesy ���+'an�;-"�-:�;
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<br /> '+ '�, Address or any other addretis Borrower c�:s: nutes b nntice to l.ender. An note:.r'tu Len.:�...��hall be given by�rst clasc fs•s:: . __; .;,__
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<br /> �, mail to Lender's address stated herein cc�±�other address Lender designates by noiice ta Bom�ti=�. Any notice provided for .. -__
<br /> tn this Securi[y Instrument shall bc�,�-��to hAVe becn given ta Borrawer ar L.ender.«i�aa�.���iven as providecl in thiv ;:,..�-.. . _ -
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<br /> �r:� 15. Governing Law;SeveraDility. This Seeur?ty Instrument tihall be govemed by federal law and the law of the
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<br /> ..a ...�� jurisdictian in which the Ptapeny is located. In the e��ent that any pmvisinn or claase af this Security Inswrzx�t a�the Note �• . _ -. :
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<br /> � ,; � *� conflicKS with applicable law,such conflict shalt not affect ather provitiian�of this 5ecurity lnstr�.^.tent ar the Note which can i � _
<br /> ;.;;>' be given effect without the conflicting�rovisiart. To ihiy end the pravi.rions af thi.Securiry���.:rument and the Note an: ;�. ';
<br /> ' declared to he severable. ' •� • �'
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<br /> ;''_3� 16. Borrower's Copy. Bartawcr sFall be given one canformed copy of the:��t:and of�;;s Security Inst�ument. .; • -
<br /> . `�' 17, Transfer of the Property oe a Benettcial Interest in Borrower, if u!1�.►�.�?y pan csf thc Property or uny imcrest in ;ti`i� ',�;``_'-�--
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<br /> it is sold ar transferred(or if a beneficial iaterest in Borr�wer ir.otd or transferred und Barrower is nat a natural person> •��. ;4 __
<br /> ; withow Lender's prior written consent,Lender may.at its aptinn.require immediate payment r;a fu11 of all sums secuced by .
<br /> .`�'`' this Security Insuument. Howcver,th�.�:option tihall nat be exerciscd by l.cnder ii'exercitie iy�r�?�ibitcd by fede�l luw:is qt'� �
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<br /> � -�'.: .'� � the date of tbis Security Instrumen� , .
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<br /> � .�.=1 , , lf Lender exercises�his�ption.l�ender ahall give Barrowcr nntice of acceteratian. Thc natice+ha11 provide a periad�of ,i:
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<br /> � --�''-��;," ';:, not lesY than 30 days fram ihe dute the natice i�deli��rcd or mailed within which 8arruwer mu5t pay alt su�ns�ccuced by thLti
<br /> • �`*�,�: --�•�` ����' Security Instrumcm. lf Sorrawcr fails ta pay the��um�prior to�hc expiration of�hi�peri�xl.l.cnder Lr:a;. invoke any ,
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<br /> �,;`j1.,:,,5 remedies permitted by this 5ecurity In�t:ument w ithe�ut furthcr naticc ar dcmand on Botrowcr. ;
<br /> ';'�'=��' ��:,} 18. Barrower s Right to Rei:tslate. If Bnrrnwer mcrt�ccnain cunditions, Bnrra���c•��riall have ihc right to ha��e ;:
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<br /> .� .'S�j�i�,�;. �• enforrement of this Secusiiy Inwtrument Ji.c��ntinucd at:tny�ime prior tu the e:ulicr��f: la►�.�sy�(�r�uch other period�� .! • ';•
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<br /> ' `` :�� '� Singlc Fmnily..faonk�1ae��'reQdle�fat t'rIFOI1St 1Vti'fRl'tLC�T••t'nifom�Cuvcnaiur 4!9a �puc���In F�:;�, }:,.;, . ',',.''a;.
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