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<br /> ��._�i�rra�.,�tii�rY. - � . . ' _ ` � . .. . �V���i�:� 'y.
<br /> , � _ . �< < � � . � . 91- � =
<br /> — � r.nndem�tion or otf�ercaking of any pvR af tt�e Prope�ty:vr fos canvcy�x iu Geu of candemnatian.ace:IxRbY��8t�� . -
<br /> sha�!be paid to Lc�er. ` :
<br /> — In the�vent of a t�a[taking of the Ptop�rty.th= pr�c�ds sha11 Qe apQlied w the sums.sesures! 6y this S�curity�
<br /> �nswment,whethcF i�r not then due.with arry excess pan!to Bo�ri�wer. In the event of a pani�l taking of the �etty in,,
<br /> — which the fair maricet,v�tue of 4he Property immediately before the uilcing is equal to or�ater[8an the arnount opf tEr�svms �
<br /> secured by titis Secutity[nstaument immediatety 6efaR the taking,unless Botrower und Len�kr othecwisc agree ia;;y�rtitenS. -
<br /> thc sums securetf by�this Security(nstrument sha11 be r+zduced b}�the amount of the praceeds multiplied by the fv),6awing
<br /> - — � fr�ctio� i�1 the tatat amai.mt of the sum�secur�d i�diazety be#ore�t�iag.di+rided bx(b}ths tair market vat�,of the.,
<br /> - .Property immediacef�r befoce the�tafcin�.. MY.batauce'sh�ll,be paid[o Barrourcr. In the eveni af a paccial taiung,af,the.
<br /> . Pmperty in whech the fair maricet value of.the Praperty immediately befuce the taking is t�than the ama►at�of(b�C svms
<br /> • secprtd imtt�ediatsty 6eface the taking. unless 6omnwer and Lendes othenvise agree in writing or unless applic�bfe taw, .
<br />-- aherwise provides.the p�oceeds sNal!be applied tothe sums secured by this Security insuument whetheror not che sur�ts.arc _
<br /> = thefi due. , ; ; . '
<br /> If the Property is ab�ndoued by�Boaawer,or if.after rwtice b}+-Lender to Borrower that the rnndemacx offecs;ta make.
<br /> an�v�razd or settte a claim for damages.Boriower faits tu tespond to l.ender within 30 days after the date t6c notice;�s given,.
<br />-�R' lxnder is awMrized to rnQect and apply the p�oceedc.at iu opuon.either w restorafion or rcpair of the Ptapenyai�c to.the _
<br /> ,F- sums secured by t6is Secosety Tnsuument.whether or not then due. : - - .
<br /> �: tJnless Lender and Barrower otherwise agree in writing.anY aPPlication of praoeeds to principal s[iall aot�xten�Ac. _ —
<br /> _ posipone the doe date of the moaihly payrtients referred to in paragraphs!and 2 or change the amount of such payrta�i�.
<br /> ��Y ` », gortaWts Not Rdased; gorbearance By �.tader Nat a Wai�� £.ttens'-on of the time for paS`meni..or.
<br /> mudificsFtion of amortization of the sums secumd by this Secudry Inshumer►t ganted by Lender ta any successor in intec�est
<br /> = of Barmwer shal�not oaerate to cclease the leability of the origir�at Borrower or Boaower's successors in inte�.LendeF.
<br />�-?�} shaU not be requi�d w commerue proceedings agains!any successor in interest or reiuse to extend time for p�iym�t or,. .
<br /> �_: u
<br /> oti�:nvise modify amortizatian of the sums secured by this Security Insuument by reason of any demand made by tb�e origi�lal,
<br /> __� Bormwer or Bormwer's successors in interest Airy fmtiearar�ce by Leader in exerc'ssing any righc or remedy sh��l.not 6�a
<br />-•"� waiver of or pceclude the exercise of any right or remedy.
<br />�-- !Z. Suei�ors and AssigRS Baund;daint and Several Lia6itity;Ctrsigners. 'ifre caveaar�ts and agKem:�ts of this.
<br /> "��. Security Instn�ment shatl bind and benefit the successors end�sign�of Lender and Borrower.su6ject ro the p�}visions of. .
<br /> ___ paragr.tpb 17. Borrower's covenants and agrremenGs sha11 be jaint an d seve r a l.Any Botrawer w t�o co-s i���i s.S e c u r i t y i
<br /> .� lnstrument 6ut dces nnt execute the Note: (a)is casigs�ing this Security[nstrument only to mortgage,gran �attvey ttt�tt, - --
<br /> B o r r o w e r's i n t e r e s t i n t h e P r o p e n y u n d e r t h e t e r m s o f t h i s S e c u ri ty I n s t r u m e n t; (b)is not p e rs anaU y obli gated to�y ti�sums
<br /> � , secared by this Security Inswmenx and(c)agrees that Lender and any otl�er Barrower may agree to extend,ma#tfy.farb�r, _�--�-�-___--�r-_.�
<br /> . ,,,�• or make any accommodations with regard to the eerms of this Security Instrument or the Note without thaC Bormwe�'s =j �ti=_
<br /> •� consen� • �_...,4
<br /> � � - 13-l.aan Cdarges. I£tfre loan secared by this Security Instrument is subjece sa a ta�v which sets maKimµm loan,, �:
<br /> char:.es,and that law is finaUydittt�p(eted so that the interest or other toan charges collect-.ed or to be collected im cannectiap, �
<br /> •' wi rt�the loan exceed the perr�rilt���'Ynits,then: (a)any such loan charge shall be red��x3:f:;�the amount neces�ary to ceduc�e -_
<br />`r,r.`.;':._�., the c6arge to the permitt:d Cxri::�.�d(b)any sums already collected from Borrower which excexded pemutte�-timit�wil{bc �
<br /> ' !'•�'=*r� ° refunded to Bortow�::. Lendei nray choose io make tlsis re fund b�y re ducing t he printip�al awed under the Note or 6 y rtwricin�:+ �;„��,_��
<br />' `�"•�'�"' '�'= direct a ent to Hormwer. I�a refund redaces principal,the redtsction niU be treated as a partial prepaymettt wuhuut an�. '. ---
<br />�;•:,-..,,.;,
<br /> .J-.<<,., ;. p ym : �";:k^"
<br /> t prepayment charge under the tiote. ����x "
<br /> `� � 14. Noticcs. Any notice Eo Borra�rer provided for in this Security Instrument shall be given by delivering it or by_ ���',=:� ?.
<br /> mailsng it by first class mail unless applicabte taw reyuires use af anothcr method.'f'he notice�haU He dirccted tn ttue R'opeAy. '�.�,�� ;�`�
<br /> , Address or any other address Borrower designates by notice to Lender. Any natice w Lender steaU be given by first clac,r• �:
<br /> :'•`.;::;�� � mail to l.ender's address stated herein or any other addcess Lender designates by natice to Iiorrower. Any nnti�;�pravided fot: ,�,�•J
<br /> ``�=',-��i> � - in this Seeurity Inst�ument.shall be deemecl to have 6een given to BoROwer or Lendrr when given�.c ptovided in this ,> r�.°
<br /> =�:r. �,.
<br /> praSraPh• • y•• , :-
<br /> 15. Governing Law;a�vr�rablllty. This Security.Instrument shall be goverr.e�-li} federal law and,�I1C I1i�V Of lll� } f
<br /> `%f .1� ' itrisdiction in which the Ptc��y is located !n the event that an rovision ar clau+e cf rPss Securil lnstrurticnt or the Noto. +-�'`�-'"'
<br /> . . yP y I`���.-
<br /> ':. •�. ' conflte�s w�tli agpl_cable t�w,such conflict shall not affect other provisions of this Sec_r�ty Instrument or tha N��te whicb can:. �•�-•�; �:
<br /> "• ''` ' �'" - be given effect v.i'tiiout ehe conflicting provision. To this end the pcnvisi�.�.y of thLy S�curity In�trurr.:nt and Ihe Notv arq. . . _
<br />,.4'°�'��'', di�!ared to be s0verable. • '. � � . " :..
<br /> '•�.. ";.: .
<br /> , • ;» �. ' �16. Bo�rower's Cogv.Dc.;ower shall be given one wrrferrr:e%i w��:.�f the�3ote a��.•.�nf this Security lnstntment.
<br /> . :17. 7lranster ottde�+a�ty or a Benefrciat laterex.i�r i✓'ir'c'a���s. if ull or any pan of the PropeAy or rny i�tetest irt,, � ::�
<br /> � `� 'st i:+sold ar transferreA(or if::.�encfcial interest in Borro�:i:5��ai�'c.:•xansfcrred�nd Borrower iti ncit �nAtural person► , ,_
<br /> without Lender's prior written consem,Lender may.at its option.:s:i;uir�:ramediate payment in full of All:iumti securcd by,� . ���
<br /> ' � this Security lnstrument. However.this option shall not 6e excr:i�ed(-: G;ndcr if�xerci�e i�:pruhibited b}�fedcral lativ acaf.;"' t • •
<br /> �'� t�e date of this Security lnstntraent. � •�.
<br /> • _ If Lender exercises thi��=�tion.Lender shall give E�:�n�-xcr noticc af uccelrrati�n, The nntice�hall provide a periad af,�
<br /> ` � rtre less than 30 days from►t��ate the notice i�delivcred ar mailed within which Bore�s:+cr must pay all sumy secured by this,: ��. `.;:���
<br /> � � Securiry Instrument. lf Bor.ower faits to pay thc�e�um�prior to thc cxpir.�tian of thi+ perioJ. Lcnder may invoke an}!;� .
<br /> ---��.=- � ' ' ' �•� remedies pertniaed by this Security lnstrument without furlher no�ice ordemand un Barro«•er. • '
<br /> ��. " �'� n� ' 18. Borru�ee's Rip,l�t to Reinstate. (f Barrotver meets ccrtain wn�iti�nr. 8urrowcr tih.ill h.rvc thc right tc�h<<�•c+r •
<br /> ,;:,.,;; �� . .,. �
<br /> ."�•;�_.�:� i��'�``�� ' enforcement of tl:is Security[nstrument discominued at:�nv time prior:o the earlier c,f: lu�S�ays lor suwh olhes periad uS, i
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