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<br /> condemnation or aher ukinQ of�ny part of�he Pt�operty�ar for canvey�noo in Iku of canda�ru�1�Y asriYned�nd
<br /> ����O��. � �h�ll bo � lied to�ha cums�ecurcd by this Sxurity
<br /> In 1ho ovent of u wtal t�kinQ of the i�►o�xAy. Ihe PP
<br /> InWn�ment.whedur ar nd then due.w111►++ey oxc�ss Pai u►B°tr°MYr. In ihe event uf r pe�tial ulcinQ of tho Property lri
<br /> which the fdr mnrkct value of the Proparty imrnedfately befbre the talcfn�t is oqwd to or grcuter then the amount of the wma
<br /> secwed by thie Security Inatrument imme+liAtely bePom the taking,unless Bc►rrowor aid Leridcr aherwise ogrec in wddng,
<br /> the�umR Recund by thl�Socudty Insuument sh�ll be rcduced by the umount oi the ptoceeds multiplied by the followin�
<br /> fr�tfan: la)the total nmount af thc sum+�ecured immediatelv beforc the tWcing,divided by (b)thc fair market value of the
<br /> p�r�peny immediutely bcforc�hc taking. Any balancc shall be paid to Bwruwer. In the ev¢nt of a partial taking of the
<br /> Properiy in which �ha fafr madcct vnluc of�he Property immediately beforc the taking ix kss than the umount af the suma
<br /> securcd immediately beforc �he taking, unle44 aorrower und Lender aFtenvfise agree in wri�ing or u.hless applicable law
<br /> dlxrwlse providea,tha praceede siw��be�Pp�ted�u�he guma xecured by thia Security Inshument whether ar not�ha cums are
<br /> chcn due.
<br /> li th►�Property fs ubwtdoned by Batrower,or if.uf�er aotice by L.e�der ta Barrower that Ihe condemnor offerx to make
<br /> un owsud or senla a clnim for dumuges,Horrower fails;�o re�pond ta Lender within 30 days ufler the date the notice is given,
<br /> L.ender is authorized to collect and upply the p�nceeds,At its opdon,either ta restoratian or repnir of thc !'ropercy or ta the
<br /> �uma sxuc+ed by thfa Securiry InRtrument,whether or not then duo.
<br /> Unlesg Lender und Barrower otherwi�c s��ree in writing, any npplicution af pmceeds ta principal shell not extend a
<br /> poA�pone thc due date of the monthly puyments refemed to in paruga►phs 1 ond 2 ar chunge the emount of such payments.
<br /> 11. Bon'ower [Vot Relesised; Forbearance By Lender Not a Waiver. Eatensian of the timc for poyment or
<br /> modification af amottization of the sums secured by this Secu�ity Inc�n�ment granted hy L.ender �o any succesaor in interest
<br /> �'�' of Borrower shall nd operete to relezse the liabiliry of the ariginal Borm�� :or Bcxmwer'a succegsan�in intet�esl. Lender
<br /> ""� � sh�ll nat be reyuirrd to commence proceedin�zx aguinst any successor in interest or refusr lo ex�end time for puyment or
<br /> :;�`.�.,�,
<br /> •�,:� otherwise modify umartization of lhe wms xcured by�his Security Instrument by reuson of uny demund mAde by the origin�l
<br /> 4.� Bortower ar Borrowe�k successors in interest. Any forbearance by Lender in exerciaing uny right or remedy shull not be u
<br /> - % ' woiver of or preclude ti�e exercitie uf any right or remedy.
<br /> 12. Succes�rs+ind Assigas Bouad:,Mint and Several Lipbilityi Co•signers. The covenams nnd agneementa of this
<br /> : ��,$`� ' Security Insuument shull bind and benefi� �he succetixon und astiigns of Lender and Borrowe�, subject to the provisions of
<br /> + �' � r�� •`; ,�`.•
<br /> ti ' �g;r;� ;;�„�,; parag�ph 17. Bornower's coveiwnts and agreemen�y shull be joint and severul. Any Bomowe� who co-xigns this Securiry
<br /> Instrument but does nat execute the Note: lu) is co-signing thi.Securi�y Inw�rument anly to martgage,grunt and convey that
<br /> •�"�"���''''l`"'��' ` Bortnwer\interest in the Property under�he ter►n+oi'�hin Securily Ins�rument; (b)is not penonully obliguted to pny the sums
<br /> �����.,:+_•• .,.. :
<br /> .�'• ;''"�• •�:�,;�°�;:�: secured by this Security lr�ctrumenr,und lc)aFreeti that Lender unJ uny other Borrowcr muy ugree�o extend,modiPy,furt+ear
<br /> " ��• •� �`�''` '�'`'� or muke uny uccommodations with rcgard to the �emis uf this Security Inbtrument ar �h� Note wi�hout thet Borrower4
<br /> ������;` � ,.. . �` cansent.
<br /> � �'"3 13. I.aa�n Char�es. If thr loan xecured by 14�i+ Srcurity Mstrumen� is subject tu a luw which sets muximum loun
<br /> ;�'' . ��"j�'h�'� •, eAarge.,und thut faw is finully interpreted so thc+t the interext or a�her loun charge�cciiMcird�x ta,be�oilecied in conaectia�
<br /> l . • � � wi�h the loan exceed the permitted limits,then: (a)uny wrh loun churg�tihull be rcduceJ by�he umount neces�ary to reduce
<br /> ��,;,� the chnrge�o the permineJ limit;unJ 1b)uny�umr ulrcudy collerteJ from Borrower which exceeded pemiiued limilx wi11 6e
<br /> i• '' ' . refunded to Bormwer. Lender muy cfiocise w muke ihis rel'und b��mduring thr prinripal aweJ under the Nute ar by making s
<br /> 5'�i�: � � direct puyment to Bormwer. If u refund reducr�prirnipul,thr reduction will t►r Ireuted us a purliul prepuyment without any
<br /> '•�>" �. �� prepuymen�churge undcr�he Notr.
<br /> � !4. Notices. Any nntice to Burrawrr pr�wiik:J lix in thix Security lnslrumem shull bc given by delivering it or by
<br /> r' ' mailing it by�nt clusx muil uolex,upplirnbk law r�yuire.u,r ot:�n��th�r meth�xt.The n��tice shull 6e dincted to the Propeny
<br /> ' Addrexs ar uny other uJdrc.� Borrowrr Jc+iFnuleti by nuticr to Lrnder. An��ni�tirc tu Lender shull lx given by Gnl c1A++
<br /> .° �' � • � mail to Lender:uddm,x+�ated hcrcin or ony��thrr udJre.�l.cndcr dc+ipn•r�c+hy noticc�u Bormwcr. Any nuticr pmvided for
<br /> ''�;'�. � in ihi� Sccuriiy Inr.trumen� �hull Ix� dremcJ tu hnvr hecn given ta B��RUwer o� LenJcr when�iven uz pmv�Jed in Ihi+
<br /> : { �� ' , °r`� � h �uvcrncJ b i'cJ�rul luw und the luw of lltc
<br /> '�� S � P �1� (:overning Law: Sevcrubilit�•. ll�iti ticcuri�y Imtromen� yh•rll hr �. >'
<br /> �.': � . .
<br /> juriuliclion in whirh the Pr��ny is bxutrd. In�he rven�thut uny provi,ion or rluu,c ol'thi.Sccurily In.trument or t e ote r
<br /> , ' conflicl�wilh upplicuBlc luw.such rontlirt,hull nu�a((crt oiher provi,ium u(�hi+5rrurity I n.trument or the Note which ran
<br /> �� be given efl'ecl witix�ut the canflKlinti pruvi.ian. 'I'ii thi.r rnd Ihr pn�vi,ion.��t'Ihis Srrurily Intilrument und the Note ure
<br /> �.���ti7 _ _�. . ,,•,'i:' "� JeYlureJ iu Iw.evcrablc.
<br /> �, , %�.,:,;, : 16. Borrower's Cupy. Rurrowrr,h.dl Ix givrn nnc cunti,m�rd rupy��f thc Nut�und�+t'thiti Srruriry In.trument.
<br /> �`�. 17. Transfer of the PropeM}•�M u Heneficiul lntrresl in Rorro�ver. II'aU ur am�pun ��i thc Pru�ny or any interest in ,
<br /> '� �'" " it ix solJ ur u•:u►tifcrred lor if a trnrficlal intc n.t in B�xro�eer i� ,uld ��r transfcrrcJ;md Bcama•er i.nrn a natural Exrxon)
<br /> �,;`�:'�ir:,'. withiiul Lender's nor wrincn camrni.Lrndrr muy.at ii.up�i�m, reyuirc immeAi;ur psiymrnt in I'ull of all.wns,rcund hy
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<br /> ;. . . •3''r,.�,',;�::�,:�:�' thix Securiry Intitrurncnt. Howrvcr.Ihi+��piion�hidl no� lx exrrcised by Lrndcr if rxerci.c i,pruhibitcd by feder.�l law A.af
<br /> �,,^i „r�' �':t�,��;'o�l; ',''.:.�;,:;'.<?.r: � —
<br /> the dule of thi,Scrurity lnstniment.
<br /> :,'v'f��r^ `� ,. If L,rnder excrcixeti Ihi�aption.Lender�hedl gi��c l�urr��wcr notirr o(urrrl�raliun. Thr nutirc,hull pnrvid�a prriexl of
<br /> )'�tT'�:f;''�. �� '�"�`,� not les�thun�0 days Prom the dutr the noticr i.delivercd or muilcd��ithin���hirh Nurro��rr mu.t pay ull�um..rrureJ by Ihi�
<br /> '�� ''�';'.; . , Sccuriry Inti�rumcnt. If BoROwcr 1'ail.tu p:iy Ihr,r�um. prior to thr�xpiratiun uf Ihi, �xri�xl. Lrndrr ma� invoke any
<br /> w�'; ; •Q • �medies pemiitt�d by Ihis Sccurity In.�rumrnt wiih��ut 1'unhrr n„tire ur demand un Horru���r.
<br /> ,-y�� ;� . � 18. Borro�er's RiRht to Iteinxts�tc. If Harco���r mrrt. rrnuin rundiliun.. Durn►.ccr tihull ha�r �hr righ� �o havr
<br /> ;�� enforccmcnt of thi.5crurity In.trumcnt Ji.r�mtiiwed;u an��timc priur w tlx rarlirr al': la 1 S d:rv.�ur wrh other�x:ri�xl a.�
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