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<br /> candemnation or atl�er WcinQ of my put of the P�npeMy.or for co»vayw�ce in lieu of condemnation.u�e heneby a�rigned and
<br /> dull be paid to Lender.
<br /> In Ihe e�ent of p tot�l ta�ing of the Prnperty, thc pracads shaU be applicd to the sums secured by thia Security
<br /> Instrument.whclher or not ihen due.with nny exces�paid to Borrower. In thc cvent of a partiol tal�ing oF the f'rc+peny in
<br /> which tho fair mesket value of thc Property immediately before the tuking is equal ta or grcater thun�he omount of tho Fums
<br /> sxu�+ed by Ihia Socurity Instrument lmmedi�tely before ihe tnking,unlexs Bormwer and Lender otherwise Agree in writing,
<br /> , the sumo sccured by this Security lnstrument shall be reduced by�he amant of the proceeds multiplicd by the following
<br /> frncd�: (a)ihe lotal amoum of d►e sums secured immediately before the taking,divl�kd by(b)thc fair market value of the
<br /> Prope�ty immediately before the�alcing. Any balance shall be paid to Borrower. lo the event of n putial tuking af the
<br /> Property in which the fair murket value of the Property immediutely befare the taking is less than ihe amount of the rwms
<br /> securcd immcdietcly bcfore the tolcing, unless Bortower and Lender otherwige ugree ln wdling or unlesa applicAbk law
<br /> ahenvlsc provides,the procads shall be appliod to 1he cums secund by lhis Secu�ity Inatrument whe�her or not the rums are
<br /> thrn due.
<br /> If the PropeRy is ubandaned by Borrower.or If,nfter natice by Lender to Borrower that�he condemnor of'fe�ta make
<br /> un awaM or sente a clAim for damages,Borrower fufis to respond to Lender within�0 days uiter the date ihe notice is givcn,
<br /> Lender is authorized lo collect and upply the pruceeds,at its option,eilher to�+estoration or repair of the Property ur to the
<br /> sums ssecured by this Security Inswment.whether ar not then due.
<br /> Unle�.c Leoder And Barrower ahenvise ngree in writing,uny npplicuvion of praceeds to p�incipal sbnll not extend or
<br /> postpone the due date of the monU�ly pnyments referted�o in parngrnphs 1 und 2 ar change the umount of suCh payments.
<br /> 1 t. Norrower Not Relestsedt Forbearance By l.cnde� Not A WAiver. Extenaian of the time for payment or
<br /> ,r.:. moditication of sunartizution of the sums securod by this Security Instrument grnnted by Lender to any successor in interest
<br /> _:,,_ ' � � of Borrower shull�not operate ta release the linbility of Ihe originol Barower or Bomc►weri�successors in interest. L.ender
<br /> �� ° �%�"�°���''��.� Rhall not be reyuired to commence praceedings ngains�uny succe�sor in interest or ref'use to extend time for pnyment or
<br /> . „5,.,- ,- ;
<br /> . •�'�d���•- otherwise modii wnonizution of�he tiums secured b thi.Securit Instrumem b reo.eon of an demand made b �he ori mal
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<br /> , -: � Borrower or Barrower s successon in interest. Any forbcurunce by Lender in exerciKing uny right ar remedy shs�ll not be a
<br /> • � f°���� wafver of or preclude the exercise of any right or remedy.
<br /> `� �e�}.;�;,;,+;;�, •,��:� 12 Successor�and Asslgns Bound:Joint And Several I.ia611ity;Co-xigner�. The cavenants and ugreements of this
<br /> '--�� • � ' Securiry Inslrument shnll bind und benefit Ihe successors and u�sigm of Lender and Bomnwer,subject lo the provisians uf
<br /> ••f `"ri:',a»��' '', '`.� �` paragraph 17, Borrower§ covenants und ugreement, shnll tie joim und severrl.Any BoROwer who co-signs this Security
<br /> � •�.r:''��±rl�:."f���4• Ins�rument but daes not execute the Nate: lal is ca-si�nin$�his Security Instrument anly to mortga�ee,grunt ond convey thot
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<br /> ' . ��, Borrower ti intere4t in the Propeny under the ternis of thi,Secudly lartrument: (b1 is nat perumully obligakd ta pay the sam�
<br /> ti • ; ` secured by this Securily Inslnrmenl:und(c 1 agreex Ihut Lender und any mhcr Bcxrower muy agree to extend,modify.forbeLr
<br /> � ���������r� :�. or make any occommodations with rcgunl to �he term�of �his Securiiy Instrument or�he Nae without that Barrower:
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<br /> cansent.
<br /> !3. Loan Clsargea. !f the lonn sec�red hy lhiti S��en�iiy�In�ln�ment i. .ubject to n luw which sets muximum loan
<br /> �. churgeti,und Ihat law ix finally interprcteJ so thut Ihe inlercst or ather I�m churge.callected ar to bc collerted in cannection
<br /> � ' with�he loun exceed�he permiu��d limitti,�hen: 1+�>uny.urh laun churge shull be reJuced by the nmount nerrsvary to reduce
<br /> •• the churyte ta the permiued limit:und Ihl uny+umti ulreudy rolkcted tmm B�xrower which cxreeded perrnUted Iimils will be
<br /> ` • . ;;*�.� : - • refunded to Borrc►wer. LenJer muy ch�xi�e w mukr Ihia refund hy reducing Ihe principal owrJ under Ihe Note or by muking u
<br /> �!' direct payment lo Borrower. If a rrfund reducex princip;►1.Ihe reduclian will lk�reuted uti a purliul�prcpuymi:nt K�iihou�uny
<br /> ' . • ' prepaymen�churge under the Na�e.
<br /> , 14. Notices. Any nutice ta Bormwrr pr�rvided for in thix Scruriry Inrtrumcnt tihall he given by delivcring it or by
<br /> • �, mailing it hy firsl clusx m;►il unl�ss upplicaMe luw rcyuire.uxr uf annthrr melhad.The noiice shull be directed�o the Propeny
<br /> • , Address or nny rnher uddres.Burrowcr dc�ig�ute+hy n�uice to Lemlcr. Any nolirr lo Lender.hall be given by fin�clu�s �
<br /> � �_ �� „ ' maillo Lender�addrexs xtu�rd hcrcin ar uny othcr uddrc.+LrnJcr Je.ignut�+Ny notice to Bormwer. Any notice pmviJed f�r
<br /> e ._.,,o,..,:. ..- in thi+ Security In.r•�rument shall Ik dcemrd ta huvc Ixen given io Borrowrr or Lender when given ua provided in thix
<br /> . ' .. parogruph.
<br /> '% , I5. (:ove�ning I.aw:tievcrubility. Thi.Security In.�rumrnt �hull Ix gov�rnrJ h}� Icdera) lu��� and Ihc law oF�hr
<br /> , � juriuiiction in which�he F'ra�xny i. I�xuted. In ihr�vrnt�h:U uny ptuvitiun tH'tluu�t ul�thl�Secutity Inr•irument ��r�hr Notc
<br /> J • ��..•;:,.��� ,
<br /> , . �� �.,,., conflicts with npplicuMlc luw,wch runllirt�hall ni��afl'rrl othcr provi�i�m.uf Ihi.Srcurity Imlrumrm or thc N�qc which run
<br /> •1' •?���'�' '.::. .. be given effcct wilhout Ihr rontlktinE pnrvi�ion. To lhis end ihr pr�wi�iiHi+of Ihi,Scruri�y In.trument und 1hc Note urr
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<br /> ,:, ' ,_.,��,%:,�_...,'_� declared to be srveruble.
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<br /> .. , , . 16. 8orrower's Capy. Bum►wcr.hall 1►c�:i�•en��nr ri�ntom�rJ copy ut Ihr Notr:mJ�►1 Ihi.accunty in�uumem.
<br /> � .. 17. 71�ansPer uPthe Propeh�•ur u Benciiciul Inlcre+t in Borrower. If aU ur uny pan��1'thr Pru�xrty or anJ•intcrc+t in �
<br /> y� ' ..•� �. it is+old or transfrmJ lor if u hcnrticial imrre,l in Hum�w�r i. .uIJ or iran.tcrrrJ unJ Rurn�u�rr i�not a naiur�l �xnanl
<br /> � "�; •t;tri,•`•`�� �". • withoul Lendcr's priar wriUcn comcnl.Lcnikr mav.at n.upli�rn, nquire imnudi.uc p•rymcnt in I�ull o!ull sum.,rrur�J hy "
<br /> ^ �•��'•rst:,,.�?� ;. this Securily Imtrument. HaN�ver, thi+up�km�hull not Ix rxerci�rJ by LcnJer it'rxercise i�prohibitrd hy fcikral luw u.��I' .l�•'
<br /> • - J y�;"}�',q`��' ' the datcof Ihis Securily Instrumrnl. .",
<br /> � � ,.,,; , � , If Lender exerci,e+Ihi�optiun.Lend�r�hall�i�r Horn�µrr nutirr ut acrrl�ra�ion. Thc nuticr,hall pruviJe a�riocl of
<br /> 1 � t . . , � ��r nc►t less thun 30 duys t'mm�hc dutc thr notire i,d�livcrcd nr mail�d a�i�hin�vhirh Rann��rr mu.�p•n•all.um.xrund hy thi.
<br /> '� ,{.• ',�,';,.•�: Securi�y In,trument. If Borrow•cr taih t�� pa� �hc.e .um. rriur to thc�xpirati�w „f Ihi. �xri�xl.�l.cnder muy invol.c �n�� ,.
<br /> `�� ' ' '�:;� � nnmedir�pemiitied by thi.Srcurily In.trumrnt wi�haut funher naure ur J�mand on tiorro�cer.
<br /> •D:, :�''••. 18. Borruwer's RIRht to Reinxlute. II' Burruw�r m�eh crnain c���xlitiun.. B��rraaer ,hall h��r Ihr righi t�i have
<br /> � � :` eniorremem of thix Srcuri�y In��rumen�Ji.ruminurd at an� �imr prii,r la tF►e rarlicr�►f: 1a1 S da�,lor.urh othcr�xrial a. �
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