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<br /> condemnuion or dher Wcini��Y P�ot the P�operty�or for coavey�noe in Iku of oandoauu�lla�,�ro he�ebY aW{rrd aud
<br /> tlWl ba p�id to l.ender.
<br /> In �he event of�total t�lcin�of the Property. tho procoalr �hall bo ppplied w Ihe sums �ecured by thb Securiry
<br /> Instiumcnt,whether a not�tien due.wlth rny excess pdd to Barowor. In tha cvent of a partid uklnQ of the Propetty in
<br /> which the fair muket vnluc of thc Fmperty immodiwtoly before the tnkinQ Is eqwi!ta or grcater ihwt the omount of tho aums
<br /> cecwed by this Saudry instrumcnt immediaely bcforo thc taking,unlosa Borrnwer end Lcnder Whenvico o�rce U►writfng,
<br /> the aums cecurcd by this Security Inrdumrnt shdl he tieduced by the amount of the ptoceeds multiplied by the followin�
<br /> fruction: (a)thc tatal mnouat of thc aums securad immedintaly befoK�hc tnkinB,dividr.ri hy(b)the fair merkd v�lue of the
<br /> Property immedfately before the taking. My bolancc�hall be paid to Borrower. In thc event of A parUal takfng of tho
<br /> , PropeKY in whkh 1he f�ir mprket value of tho Propeay immediately beforc tho wking is less Uwn�ho arnount aP tha�ums
<br /> socurcd immedlote�y befot+e tho taking, unlass Bomowcr and l.cnder othcrwlse agrec in writing or unleas applkable !ow
<br /> othcrwise provides,the proccoda aFwll be appliod w�he suma�cwed by thia Securiry law�umen[whether or not tMe�umr are
<br /> �hee due.
<br /> If tho Prope�ty is abondoned by Bomnwer.or if.aRer natice by Lender to Barrower thut the condemnor offers to make
<br /> an award or settle u cloim for damnges,Borrower fails ta respond�o Lender wi�hin 30 days after the dete the notice is given,
<br /> Lender is authorized to collect and apply the proceeds.at its opUon.either to restoration ar r�epair of tho Property or w U►e
<br /> sums secured by thie 3ecurity Insuvment.whether or nat then due.
<br /> Uniess Lender and Bormwer otF�erwise agree in writing, any application of procads ta principal shall not extend or
<br /> postpone the due doto of tha monthly ppyments refomed to in pnragiaphs 1 and 2 or chenge the amount of auch payments.
<br /> ll. Bon�owe� Not Rdeased; Forbcnr�nce By l.eader Not A Waivea Extension of the time for poyment or
<br /> madiflcation of amortjzation of the surns sacumd by this Socurity[nsqum¢nt,granted by l.ender to any$uocessor in interest
<br /> �-t�"� of Borrower shall not operate to release the IisWliry of the original Borrow¢r or Borrower's successo�s in intcaest. L.ender
<br /> :�,:•`" ehall not be �equired to commet�ce proceedings against any successor in interest or�efuse to eatend ifine fbr pxyment or
<br /> � '''; othenvia�e madify amortizotion of the�ums secured by this Secudry lnstrument by re,�son af uny demand made by the origins�l
<br /> '' Borrower or Batrowerh successors in interest. Any forbearenoe by Lender in exercising any right or rcmedy shAll not be A �
<br /> ''r`�, . .
<br /> �• waiver of or pmclude tha exercisc of any right o�remedy. .. .
<br /> lZ. Successo�s�ad Assipne Bound;Joint and Several Liabiliryi Co-signera The covennnts and agteements of this
<br /> � ..�,�;�•• Security Insqument shall bind and benefit the suocessoa:ond assignc of Lender and Bomnwer,subject to thr provisions of
<br /> ` � pamgmph 17.Botrower a cavenanls and ogreemeM�shall be joint and reverul. Any Borrower who w-sfgns this Security
<br /> ^''x=,^„�'�a Insdument 6u1 dces nat execute the Nwe: la!is co-�i�nins this Securi�y Instrument only to monguge,grem pnd convey that
<br /> ;�',� , �� �';�`"��`. Borruwer's intenest in�he Ptopeny undcr the ternns of this Security Inslniment: (b)is not perr�anxUy obllgated to puy the sums
<br /> ��,,,�,.
<br /> "`" ., �,,,;y�,���� secured by this Security lnstnimentt und lci ngt+ars thal Lender�►nd uny other Borrower ms�y agme to extend.modify,forbear
<br /> ,.�:r�.,�� .r or make any accommadptians with aagsud to tho ta�ms of this Securi�y Inst�ument or �hr Note wi�hoW dut Borrower's
<br /> a�
<br /> '��` consent.
<br /> 13. L090 CIIpiY[8R. If ihe+ loas�v.cured by this Security Instrument is subject to u law which sets muximum loan
<br /> ' ` � "'� chxrgos,and that luw i�flnAlly inta�rctc�so Ihat lhe inlerest ar other loan charges callected or to be collected in connaction,
<br /> `�;:,., : .'.;.;���' '�.•. with tht�laxn exceed tho permillod limitc.�hen: ta►uny.r•uch loan charge shull be reduced by the umoun�nece5w►ry to r�ci�
<br /> ' ' `''�"" �S•' �he chsuge ta the pertnilteci limitt urnf ibl uny xums ulready colle�:tec1 from Borrower which exec�eded permitted limi�s will b�t
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<br /> ���" f' `.' �'�%`:��' •°t ' refundtd to Bomower. Lender may choose�n make this rcfund by reducing thc principal owed under the Nate or by making u
<br /> �� ��'�;;f;�?%={�•;;'• '� direct payment�to Bnm►H+er. If a reFmxf redures principal,the mductiun will he treated u�u puninl prepaymau without nny
<br /> .,.•,�y . ,• .
<br /> • �' '" prepayment chugo undec the No�e.
<br /> :•: .. ��..,_.:t :
<br /> � � � 14. Notlt�es. Any nolice to Born�wer provided fur in thi�c Security Inxuument ,hull be given by delivering it or by
<br /> ���'l����%� • , mailing i1 by firxt class mail unlcs,applicable luw requireti une of unuther method.The natice tihall 6e din�ted to tho Properly
<br /> ' ' .���� .'. � Address or nn��othar address Burrowcr designaicx by noticc w Lender. Any notice tu Lender shall be Fiven by fint clusti
<br /> � ' mail to Lender's uddress staled herein or uny othcr addre.,Lender de.ignutex by notice to Borrowee Am�notice provided for .4
<br /> . " , � ' '" '?'� in thi� Secu�i��� Instrument Khull t+c dccmeJ tu ha�•c F►cen �iven to l3cxrower c�r Lendrr when �eiv�n us provided in �his
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<br /> .�,-'�'�` t '•,,,' . ' � '': r� p�IS(3overnin� LAw: SeverubiUty. Thi.Security In�trumrnt rhnll hr govcmcd hy federal luw und the luw of Ihe
<br /> ';�+�y;r� �^� ��•i`����"���•�'.- jurisdiction in which ihe Pmpeny i.kxuteJ. b��he cvent thu�uny pmvision or cluu+r of thi+Security Instrument or the Nwe
<br /> � • . '""'"'� ''`' '��� "' conflict�with a Itcuble luw,zuch ron0irl+hull n�it uffcrt other mvitiion.of this Scruri� In+trument or the Notc which can
<br /> '���'��. ''"':� ��'' �''�•'� be given effectPwi�hout the contlicting p�ovi.ion. To thi�end Ihe pmvixions of this Seeurity Inxlrument und the Note ure
<br /> '# • �� �'' ' declared to be severabl�.
<br /> "���• ;:`��•";'_ 16. Borrower'sCupy. Borru�+ci�l�all bc gi�c:u uur wufu�mc�i cu��y ut'Ihe 1�olc and oF tNis Scrurity lnstrucnent.
<br /> �;--,-: - �--.
<br /> rn� . �' 17. 7lrunsfer of the Propeny ar a Beneiicial lnteretit in Borrower. It'uU ur uny part ot'the PrcrExny or any imem�t in
<br /> ''"` �����'�' �� it is sold or transfcimd lor if�hcnctici:+l intcrrtit in Barma•er i,.uld or�run.fcrnd und Bom►wer i�nrn u naturul non l
<br /> t�t�'L t•�" -�x,,, '�,, j,;t:`'�'", without Lender's priar wrillcn consent,Lendcr mi�y.at i�.option,rcyuire immeJiule ptiyment in full uf ull,um�secumd by
<br /> �� `•~� �''�`-.•��;'��Yh�'�'�'���• this Sccuril Inrtrument. Huwever.Ihix o uon shull not hc excr�iscd b l.cnder ii rxcrci�e i� rohihited b tederul luw us of
<br /> , i,••.:,�� � .., Y P� Y P Y �
<br /> �.�' . ;�::,•��r ::;�:;�,, . the date of tbis SecuritJ•Instrumcnt. �
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<br /> . ,ri:,.. ' ,�;..e�����1.., ..•• If'Lender exercise+thf.op�ion.Lrndrr xhvll�ivr Bi►mi�«r noticc��F urccicrntion. Thr nolicr xhall providc u�riod of
<br /> . ,..�,,,;,., not lexx than 3Q doyx fmm�hc du�e�hr notKC i.delivercd or muiled��•ithin whirh Born���rr mu.t puy ull.um�secureJ b���hi�
<br /> �� �:.��:, . ., ' �"'�:`.;r,. 5ccuriq• Instrument. II'Hurro�ver fail. tu puy ihc.e .um. pri��r tu �hr rxpirutiun�it'�hi. periaf. Lender mny invokc su�y
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<br /> •+�•: .,�,�.. ; remedieti pertni��ed by this Securily Imtrument wi�how funher noticr or drmand on Bom►��cr.
<br /> ��, ,.� -.' � ° 18. Borrower's Ri�ht to Reinstate. It' Hornm•c� nurt. crrtuin rondi�i�►n.. B��rr����cr +hull hu�•r the right to have
<br /> �'.� �, t�.:'.•,� enforcement of thi�Securily In�lrument Ji.r�mlinurJ ut uny timr prior tu Ihe carlicr uf: lal S J•r�•�(or such olher period u�
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