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<br /> condetruu►tion or aher aktn�of�ny part of tt�e Propaty.or for conveyance ia liw d cande�uuuian.�u+e Nn�eby a�sl�d�nd
<br /> �11 be pid to L,ender.
<br /> In the ovont of�tou�l takin4 of the Piopaty.�hnp�aceecIt�h�ll��bo applled w the rutm�ecurod by lhle l�ecurity
<br /> Inxpument,whelher or nut tha�due.wi�h�ny exceu paid to Bonawor. In the event oP a pkti�l takin�of thoprop�erty in
<br /> which tho f�ir muket valuo of Uw Property irnmadiatoly before tha Wciag ia oqwl W or�e�ter�h�n tho unount ot tFye wnu
<br /> �ecurcd by�hfs Saurity Inaaumant immadiauly beforo tho uikin��unlass Borrowe,�and Lendor o�harwib�roe in,wrltin�,
<br /> tl►e sums securcd by thl�Sa:urity lorpumenl ahdl be r�cluoed by tha wnount of thapr mulUplied by tfic tolfowln�{
<br /> fraction: (a)tha total amount of the sumr cecwed fmmedl�tofy beforo the aking,divided�b)1ho fair ms+rica v�lar of the
<br /> Property immediately beforc the twking. Any b�Jaria:h�ll be ppid w Bonower. In the evont of a p�rtl�l hkhyr of the �
<br /> Property in which the fAir maricet value of tho Propetty immaf�aWly beforo tho tal�ing is leu tltat tha amount of.the wmi
<br /> �ecured immediately befora t6o wking.unlass Bornower and l.gr�dar othmwise a�ee in writing or unics� �pplicabb law
<br /> otherwise provldes,�he procuds shall be applicd to tho wm��ecw+ed by�hie Socurity In�punta�t whetMir or not tha auns am
<br /> �hen duo.
<br /> If the Prope�ty is abundaned by Bomowor,or jP.After notiae by L.ender to Aorrower that the condemnar offea to mako
<br /> en award or settk a clalm for damages.Homower iafla to r�ccppnd to L.ender whbin 30 deys�ftar the date the notice is gh�en,
<br /> Lender is authorized to coUect and upply tha praoeds,at ite optlon,eithar to rcct�uation or repeir of tho Ptoperty a'to the
<br /> :ume secrrod by this Securlty Instnunent,whetheror nat than.due.
<br /> Unless Lender and Bonower atherwlse agne in wricing,nny application of proaods to principal shall not•extend a
<br /> posipone the due date of the monthly paymente r�eforred to In.paregrephs I and 2 or change tho amount of such paycnants.
<br /> 11. Borrower Not ReleASed; Rorbes�r�noe By l.ende� Not a Waiver. Extenslon of the Wne for p�►yment or
<br /> •�` . modifica�Ion of amonization of tha aums socwed by this Security Incdwnant granted by L.ender W any successar•u�iateiest
<br /> - � - � of Borrower shall not operute to rcicase the UabUity of the original�arower ar Borrower'�sucaswrs in interast.Lender
<br /> •'r'� .•� shall na be required to commence proceedings ageinst any succes.so�in interest or mfusa w extend tlme for p�ynknt or
<br /> . ,�,t '?r,�� , othervviso modify emonizution of tl�suma secured by this Secudty Instrumant by reason of eny demand made by ihe original
<br /> e,,5s;:':..�,�,.�,�p =" Borrower or Borrowerg successors in imenast. Any forboarance by I.ender in exeraieing eny r��ht or rcmedy shall�not be a
<br /> _ ,.,�.,:t:, �`:•.
<br /> ?:� ,�t};. waiver of or pr+eclude the exereise of any right or remady.
<br /> �',� l!�i:^,;.�,;. 12. Successors And Assiins Bound;,lotpt ond SeverAl LiablNty;Casigners. 7tia covenents and agra�of thia
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<br /> ° ,�,�,'��� - • Security Inspument shall bind und benefit the successorw and assig�s of l.ender and Borrower,�ubjxt ro ihe pmvisions of
<br /> ' '•�{y�'��� ..:t'.� , . p�agraph 17. Borrower's covenants and agreementa shall be Joim and xeveml.Any 8orrower who casigiw thia Secwity
<br /> _ ��.,L. • -,-,"t''�:''.�:3Sr Inswment but daea not execute the Note: (a)is co-signing�his Security Instrumern only to moctgage,grant aacl oonvey thot
<br /> '�' ,� ' Bortawer's interest in the Property under the temis of this Secudty lnstrument; (b)is not personally obligated to p�y the sums
<br /> �A ,,,. .,,.,,;
<br /> !. secured 6y�his Secudty Instrument;and(c)ag�ees t6at Lender and any other Bort+ower may agree to extend.modify,fotbear
<br /> � ,, �� . , .�r.�r4t;�e��., or mnke any accommadations wilh �egurd to the te�ms of thlc Secu�ity InWument or the Nota without tt�at�,Baimwer9
<br /> 4�... Yl: `.. 1 L.__H.: .� consent. �
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<br /> � ,.l,'. Y3, L�wn Ch��g�n. IP u� lun�i �o�Ui'��I by i�il6 S�.o�ity 3n�trufnani 1s stsbjxt to a!aw u;ts;!t sess ssusxds�usm loan
<br /> ' ,�(:�s-l;.:.
<br /> � N,�r �,� charges,end that law is�nally inte�reted so�ha�the interest or other lonn charges collected or to be coflected in�oonnection
<br /> ' �1'��"��` wi�h the losin exceed�he permitted I�mits,thsn: (a)uny such loan charge shull be reduced by the amount qacxswry W reduce
<br /> ••: {'�•-�:��'�`���� �he churge to the permiued limit:and(b)any surn.e already collected fivm Harrower whlch exceeded permitted UAnits wlll be
<br /> ' ���iif}r�
<br /> ` rciunded to Borrowcr. I.ender muy choose to mAke this refund by reducing the pdncipal owed undcr the Nate or by maJciag a
<br /> .. direct payment to Borrower. If A refund neduces principql,lhe reduetion will ba u+eated as a partlal prepaytnent,without any .
<br /> � . , pnepayment charFte under the Note.
<br /> •!� � 14. Notices. Any notice to Bamwer prc�vided for in this Security Insnvment shall b@ given by delivedng it or by
<br /> . , '° �' mAiling N by fi��clatix muil unless applicublc luw reyuires use of another mathod,ThB notico shall be directed ta th¢Ptvperty
<br /> E ,•;,;2�'.��° � _ Address ar any other address Borrower designates by notice to Lender. Any notice to L�nder shnli be given by first cless
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<br /> � �' r , mail to Ixnder's address stuted herein or any other addrrxs Lendar dasignutes by notice to i3omower. Any nwtce provfded for
<br /> ���'`""`''" in IhiS Security Insuument shull bc dcemed to huve been given �o Borrower or Lender whcsn given es provided in thir
<br /> ���� ^ ' pnragraph.
<br /> ,}'�d'; °' " ��� 1S. Governing Law: Severability. This Security Instniment shall be govemed by federal law und th�t law of the
<br /> ;��5�,' � '��''``_-- Junsdiction in which�he Propeny is locu�ed. In the event thut any provi.ion or eluuse of this Security Inslrument or the Note
<br /> �;�'�;, , 1 � conflicts with upplicable luw.such contlict shnll not uffect other provisions of this Security Instrumem or the Note�which can
<br /> '.;1�`,� ��•: ba given effect withnut�he conflicting provisioo, To�hiti end the provisians of this Security Instrument w�d th�:Note are
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<br /> `��r ��'.`� 16. Borrowe�'s Copy. Hortower xhull be given one cunformed copy of the Note und of this Security Instrument.
<br /> :, 17. 7lransfer oi the Property ur a Senef�cial Inlerest in Borrower. If all or ony pun o(the Property or+u�y interest in
<br /> � i� iti suld or tr.►nsfcRed lor if u brneficial interest in Bonower i. soW�►r tran�ferred and Bomower is not u naturnl person)
<br /> 'S�� . ' wi�hout Lender's prior written coment. Lendcr rnuy,a�it+aption,rtyuire immediute puyment in full of all sums secured by
<br /> ��i�� � ° �.. thi.Security Intitrumem. However,thiz optMn�:hnll not be exerci.ed by Lender if eKercise i+prahibited by f�rul law a�of
<br /> �' . � the datc uf thi�Security In.trumcnt.
<br /> %� � � If Lender exerciu.this option.Lr�xle�shall give Burrc►wer no�ire of accelerution. The notice shall provid�u period of
<br /> � x' ' ;�y��� not les�Ihan 3(1 da�yti frum thr Jate the notire iti dclivcrcd or muiled�rithin which Borrou•cr mutit pay all sumti recured by this
<br /> :�,,,�, . Security Instrument. If Borrowcr failti �o puy thc,c sum.prior to the rxpirution��f thi� period. Lender m�y invoke any
<br /> ,' � ' '`;.��; ' rern�dies permitled by thi.Scruriq•Im�rumen�wiihout 1'urthcr notirr or dem•rnd on Bormw•cr. =
<br /> ' , ,�� ���.z,•i.•� 18, Hnrrower s Ri�ht to Reinstate. If &�rmWrr meet.cenuin conJition.. Burcower tihall have tt�t right to have "�
<br /> � � � enfbn:rmenl of this Secu�iry In.trwnrm di,crn�inuNd u� vn,r timc prior tu thc curlicr ut`. (al S d•ry. �or such aNer period us
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