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<br /> . , . . •:x{
<br /> 1 ''���' .4. .. � .�MY
<br /> I83- 1o'r�ss
<br /> condemn�tia�or atlKr ukinR of ony pwt of the Pr+operty,or fix convayance in Iku of ca�damn�sian,aro harcby a�i�ed and
<br /> �hdl ba ppid to Lcnder.
<br /> In Iho ovent of�totd tWcL�� oP the Property. thcproc eeda ahdl be applie� ta tha wmc Recurcd by lhfx Socurity
<br /> Instrument,whetl�er or nw Ihen due.wlth ony excess ppid to Dorrower. In the event of a putid taking oP the Pwperty in
<br /> which the fdr m�rket value of tho Property immedietely before the taking is equAl to or greatcr thwn the amown of the�um�
<br /> sxurcd by thic Secu�ity Instrument immcdiately before the tuking.unlesa Bomower und Lende�o�herwfr,e agrce in writin�,
<br /> the sum: securcd by thia Secu�ity lnctrument ehall ba roducod by the nmount of thopraceedR multiplicd by thc followlnY
<br /> frac�ton: (a)Ihe total amaunt of thc sum�securcd fmmrAiately beforc the tal:ing,divided by(b)�he fAfr murket vnlue of the
<br /> Property immedia�ely beforc the�aking. Any balancc ahall be paid ro Botrower. In the cvent af a purtial taking of the
<br /> propeAy in which the fair market value of the Property immediately bePar+e the tuking is less thm tho umount of the sums
<br /> secured immediately hefore the tuking, unlesg Borrower and L.ender otherwise agrce in writing or unlega upplicable law
<br /> otherwise provides.the proceeds shall ba applied to the cuma securod by this Secu�ity Incwment whether or nat the sum��e
<br /> tl►en due.
<br /> !f the Propeny is abandoned by Borrower,or if,af�er notice by I.ender to Borrower thal the canckmnor offers to mwke
<br /> an award or senle u claim for damnges,Borrower f�ils to respond to Lender within 30 days aftar�he dute the notice is given,
<br /> Leoder ia amhorized to collect and appty the procceda,at il.g optis►n.either to rextoratian or rcpair of�he Property or to�ha
<br /> sums securcd by this Security Instrument.whether ar not th�n due.
<br /> Unless Lender and Barrower othenvise agree in writing, any applicotian of proceeds to pdncipal shall not extend ot
<br /> pastpone Ihe due date of the monthly payments rcferred to in pnragraphs I t+nd 2 or change tho amount of such paymenis.
<br /> 11. Borrower Not Iteles�sedi Forbea�nce By Lender Not A Waiver. Extenaion of�he �ime for payment or
<br /> �,:; modifict►tion of omorlizntion af the sumx secured by this Security Instn�ment granted by Lender�o any successor in interest
<br /> `a � of Bamwer shall not opemte to neleuse the liabiliry oi�tw original Borrower or Borrower's successors in interest. Lender
<br /> ° ^ shail nat be r�uir�i w cumn�ence proccedings Againsi a�}�surcessor in interest or refuse to extend Ume for paymenl or
<br /> otherwise madify amortiwtion af the sums,ecured by this Secu�ity Instn�ment by reasan of tu►y demand rr.ude by the arlginal
<br /> Borrowar or Barrower'.s successors in interert. Any farbr.urance by Lender in exercising any right or remedy shell not be a
<br /> ) • waiver of or preclude the exercise of any right or irmedy. `
<br /> 12. Succcnssors And Ascigns Bouodi Joint s�nd Several I.IabNily;Co-aigners. The coveiwnts and agrcements of�his
<br /> ' t;,�;.' .�'� '�'' • Security Insinrment shall bind und benefit�he successarx and assigns of Lender und Bormwer. subjcxt to the provisions of
<br /> �w ' '�'` �� puragmph 17. Snrrower's covenantx und ugrecmenla shull be juint and scvers�i. Any Harrower who casigns this Security
<br /> n�'""', Instrument but doee not execute�he Note: (n)is co•siRning thix Security Instrumem only to mortgage,grant and convey that
<br /> ...,..J �. '.
<br /> '� +�:���i..�'.�`' Borrower's interest in�he Praperty under�he�erms af tbis Sccuriry Ins�rument; (b1 is nat perxonally oWigated to pay the sums
<br /> •--�;�•:•� � secured by this Security Ins�rumenr,und lcl ugree��hul Lender ami s►ny other Bonower muy agree lo exlend,modify.forbear
<br /> ; ,� :.; . ..
<br /> ° � �,,,, .;,•,."_�_, or make any uccommodations wi�h mgnrd to the Icrms of this 5ecunty Inurument ar tfie Nate wiii►out that Borrower's
<br /> ��`" •_r �t:~.'..'•� .� • . conseM.
<br /> ° "�t. '•',�'•�-•�. . 13. l.oan Chergea. If ihe lann secured by �bix Securiry Instrument ix suhject to n law which sets msueimum loan
<br /> -� '+"'y'�• ' Chu�gex,and that luw is flnully intcmmtcd no�hm thc�mcrext nr athcr ioan chargez roilecird ur tu br cultcti:tc�f i��.on+�.tian
<br /> ��`' ;� wilh the loun exceed the perniitted limits,then: I:U nny,uch loun chu�ge ahall be reduccd by�he umount necexxury to reduce
<br /> ?�<�' � ' the charge tn the petmiueJ limit;unJ(b)uny.um�:ulreudy collec�ed fn►m Banower which excecded permitted limilr:wfll be
<br /> � ''' � ' refundrd�o Borm�ver. Lender muy ch�x�.c�o m�ke this Rfund hy rcducin�e the prinripul oweJ under Ihe Nute or by muking u
<br /> '� ' dirert puyment to Bonuwcr. If u rofund reduce.principal.the mduutian will he Inated a. o purtiul prcpuyment without uny
<br /> prepayment rhargc under Ihc Note.
<br /> 14. Notices. Any noticc ta Bnm�wrr pnwiikJ fur in Ihih ti��:uri�y In.trument +hall bc givcn hy dclivrring i�or by
<br /> . . mailing it b��fir.t cluxz muil unks�applicahlr law nqui��uk ut'unnthrr me�hixl.The aoiicr,hull br dir�rted to thr Piroperty
<br /> �!::�:-.� . Address or uny o�hrr+iddre,. Bom►��rr Jc�ignulc�h� ni►tir�tu l.rnJrr. Any noticc to l.�txlrr +hull Ix given by fin�clnsr
<br /> ' � muil to LenJer±udJre,..�uted herein ur uny o�hrr•rJdre..LenJrr dc,ignatr.hy noticr tu Ba�m�wec Any notice provided fix
<br /> .}.y in thix Sccuriry In+trum�m ,hs►II Ix dccmed tu huvc txcn Eivrn•lo Borri�wcr or l.rnikr wlxrn given as providcd in thix
<br /> ,�a, � purugruph.
<br /> . 1S. (:m•ernin� I.ua; Se�erabUity. Thi+Sccuri�y In��rumant .hall Ix�u�-crnrJ hy feJer.�l luw und �hr luw of�hr
<br /> � • juri�diction in�vhirh thc Pru�xny i.kxiurJ. In Ih�cv�m thai uoy provi.iun ur rluu.r ul'ibiti Sccurity In.rirumen�or thc Nolc
<br /> ;' . . . conflict.wi�h•rppliraM�I:���•..uch runllict�hull nu�al'lert uthrr pruvi.ion.uf ihi.Srruriiy bn�rum�nt or thc N�HC whinc�un .
<br /> � ' ` `'• .;,,. � be given cF1'eci w�ithout the cunfliclinp pro�i.i�x�. Ti►�hi�.rnd the provi.iun+ul��hi, Sccuri�y In.rirument unJ thr NiNC ure
<br /> �-'- . � �� -- � d�tilarcJ to hc.�erraMr. '
<br /> � 16. Borroecr'ti Cop�•. liuRUarr.hall Ix given unr ronlunnrd r��py ol'thr N�Hr anJ c�f ihiti Scrurity In+trumem. +�
<br /> ' 17. 'll�nxfcr of the Properlp or u Rcnrflciul Intcrrst in Borrower. If all ur nny part uf thc Pn��xny��r uny intcre�t in ��
<br /> �. it iti siilJ irc Ir:�n.l'crrcJ lor il'a Ixnetiri:d inlere,l in Horcow•cr i..old or u•rn,lcrrrJ:md B�ur���eer ix nut a n•rtural �xnunl � .
<br /> � �������' wilhuut Lenckr;priur wriuen run+en�. Lender mi��•.a�i�.r upli�m,rryuirr immedia�r p:�)•mrw in I'uU��t'all +um..ccured by `'
<br /> , ..� ;.r�. '.-• .ce
<br /> . thi,Sccurily In,lrumrnt. H�neevrr.Ihi�uptiun shuU not fx exrn�tirJ My l.�nJcr if rxerciu i,pr��liihi�ed hy fedcrul Inw u,of
<br /> ' �i'',...,� �he dme aPlhi.Scrurily In.lrunxm. ��
<br /> •_�. �. . � �,:-"� . If LcnJer exrrri.c.�hi,uptiun,l.�nJ�r�hnll givr Bun•awrr n��li�e�►t'arrclrriuiun. 1'hr m►ticc ,hull pr�►viJe u(xri�xl of
<br /> •E, �- . niN Icr�thun 3l1 Jay.from Uu Julr Ihe n��tirr i.drlivrred or nu►ilud��•iihin a•hirh Hurcua�r mu.t �y :dl.um..rrurrd hy Ihi.
<br /> '��z ;, ' Srrurity In.�rum�nt. If Borro��er I:iilti iu p:��•�hr.r +um,priur U� Ihc expiru�iun �d'thi. �rii�l. Lender muJ• invokc uny
<br /> ,�j� �.
<br /> �� , ti_. rcmedic.�xrmitted b�•�hi.S�runtv Indrumrnt aithnut furtlxr nulirr or d�mand nn Hum�w�r. ,�
<br /> �•, . ;. 1$. Borrotiti•er's Ni�ht to Reinstule. 11 H.►rn���rr nmch cenain cundi�iun,. H�moucr ,h:ill have Ihr right tu havc !
<br /> enli�rcement��t'thi,Scrurii�•In,trunxnt Ji.raniinucd cn.im iimr pri��r 1„thr rarli�r�,i: �:u 5 aa�• 1ar�urh ulher�xriixl u.
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