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<br /> candemnwtia�or alxr Wcin�of�ny pwt uf�ho PropaAy.or for canvoyancc in lieu of ca�demn�tion,iu�c heraby wl�ned�nc!
<br /> ahdl iw p�id to Lendet.
<br /> In �he cvent of p tot�l udcine of Ihe ProportY,tho Procaclx �hsll be�ppliod to tho����P�'thoh+Propeny in
<br /> In�nt.whcther ar not Ihen duo, with uny excesr paid�o Borrower. In�hc even�oP a
<br /> which the fdr merket v�lue of�he Prupeny Immediotely beParo�he lakin�is equal�o or g�eater lhnn tho amauot oi'Iha rums
<br /> seeuned by�his Secudty Inctrumem immediutely bePare thc�ulcing.unleas Horrower and L.ender otherwlse agree in wridng.
<br /> tt�e�um�securcd by lhic Security Insuument shall he redueed by the umuunt oi�he proceedK multfplied by�i followin�
<br /> fi�c�ion: (a)the tanl amaunt of tho aumx securc.ci lmmodiately before the tpking,divided by(b)Ihe fair maricet vsluB aP�he
<br /> 1't+uperty immedjately befam �he teking. Any bulunw �hull be puid to Bortowcr. lo the cvent of u purttul taking oP Iha
<br /> E��operty in which tha fair madcet value of tha Propetty immediately bofore Ihe loking ix Ies.c�han tha umaunt of�ha sums
<br /> ��:f^ securcd immediately before tbe tWcing,unloss Borrower aid Lender aherwlrcu ugrce in writiog ar unlexY appliceble luw
<br /> atherwise provida►.1ho proceeds stwll be epplied to�he sum��ecw�ed by thi�Secu�fty In►uument wh��her or nat the sumo rne
<br /> thcn due.
<br /> If 1he Propeny is abandoned by Eiorrawer,or jf,after notice by Lender to Borrowcr that tha condemna�ofFerx�o moke
<br /> nn aword or seple n claim for damages,Borrower fAils to respond to Lender within 3t1 dnyx ufter the dote tha natice is given,
<br /> L.endar is Autharized to collect ond apply tho pra:eeds. ut ita optlo+►,eithar to rc�uarnlion or r�pui�of the Pwpeny or to Ihe
<br /> , w sums secuned by thia Secudty Instnunem,whether or not then due.
<br /> Unless Lerider and Borrower othervvi�+e aSree in w�itiag,any upplicAtion of procecds to p�incipul shall not extend or
<br /> pastpone tha dua duta of tho monthly paymems refa�red eo in pumgmphc 1 and 2 or chunge the amnunt of such paymentti.
<br /> 11. Borrower Not Relea�M; Forbea�nce By Lender Not a Wa{ver. Extension of tha tima for puyment or
<br /> modification of nmonizution of tha sum�secured by thi+Security lnswment grnnted by Lender t�nny xuccessar in interest
<br /> ' �;���?:��' af Borrower shall�a operatc to releasc�he liubility of the origin:�l Barower ar Borrowerk successorn in intares�. Lender
<br /> - v�'�` �'L= � shall nd be required ta commen¢e proceedings ugainyt uny tiucce�sor in inter+est or�fuse to extend time for puymeM ar
<br /> ~. e
<br /> ;'��"s"Yt�� � otherwise madify amortization af tha rums secured by t7�is Security Inxtrumant by rea.�an af uny demand made by the original
<br /> H�_ ..:�:�(..�..�.7r�''}.
<br /> : �.,,, ;;_�,,.. Bomower or Borrower?s succ�aaors In interest. Any forbeurance by Lender in exercising any right or rcmedy s u not a
<br /> • . � •' ,. . �^;,,r�;: waiver af or preclude d►e exeicise of any right or remedy.
<br /> �� '` ; `-�,�,�,;:�j' 12. Successors w�d AsaiBos Bound;Joint and Severol Liabilily;Casigners. The covennnls und ugrremenls of ihis
<br /> ;,�"19�`"����h�„"�} Security Insuument slwll bind s�nd benefit the succe�ors and astiigns of Lender and Borruwcr,subject ta the provisions of
<br /> •�_•�r a �r��r�::�
<br /> � , ,�,, paragraph 17. Borrowenc�avenun�s und ugmemems shull be joint and sever�l. Any Borrower who co-signs�his Security
<br /> . ��- t,f. ' �:1..�..
<br /> �r�i���tg,'l :. �."•� Insuument but dces not execu�e the Note: la)is co-signiog this Security Insln�ment only to mortguge,grs�nt und convey thut
<br /> i?'���r;;;';;?�4�'����.;.;. Borrower's interest in tha Propeny under the�crm+of�his 5ecuri�y Inswmenr, (61 iz not per.ianully obligated to puy the sum�
<br /> • �,:���,���;.�; :, secured by thi�Securiry lnsirumenr,and(e)ugreeti that Lender and Any ather Borrowcr muy ugree lo extend,moJify,fiirbeur
<br /> '�'��� a?`�;;,�••.. `r� or m�lce s�ny accommodutions wilh regurd to 1he �errnx ot this Securiry Instrumem or �h� Note withiwt thut Bomower�
<br /> ,.,:i�>:`•;;: '�'.,:?S, i,,:...,i��?';t;, conxent.
<br /> • ' ��`•`' *"•1t�"'` 13. I.oan Cha�es. lt'the loan zecured by ihis Secwity ln.trument ix subject w a luw which tie1K maximum loan
<br /> � �;,:,. , .:�.,,:
<br /> - , � a.harges,astd ihai!�w i:f na!!y inttr�reted�n th+u the iq�erru�x other loun churges rollecled or to be collected in conneclion
<br /> �;.�;;ti;�:;��'���f�;�,�t����;" with the loun exceed the permilted limiis,then: (u)any�uch luun churge�hull be rcduced hy the umount neceswry�o reduce
<br /> • +;,..�`,}���.:!.,r,;�@s'�,�,'�, the churge to�he pennhted lirnit:und (bl uny sums ulreudy collected from Borrower which rxceeded pennitted limits will be
<br /> ' .; � �.,,,>:•;•:ty,c: refunded to Borrowrr. Lender muy ehcx�se�n m��ke Ihi�refunJ by reducing the principul owed under the Nute or by muking a
<br /> " '� `�1`�'F�'' direct pnymenl to Borrower. If u refund reduces priix:ipul.�he reduction will he�mo�ed us a purtiul p�epuymem wi�hout uny
<br /> �; °.'�:�` • ..��frl,y�
<br /> �•� 4,t� prepnyment churF�under�he Note,
<br /> `:ti'}," `. 14. Nolkes. Any notice tn Borrowcr providcd ti�r in thiti Sccuri�y Ins�rumcro shull Ix given hy drlivering it i�r by
<br /> �; � ' mailing it by fint clavs m+�il unles.appliauMc luw reyuim�u�e af unother meihcxl.Thc natice shull be dircc�ed to the Property
<br /> ''.;i.+ '1`'' '� Addresx or any othcr addms,B��mower de,iEnules by no�i�c[u Lcndrr. Any nrnicc w Lender shull be given by fint cluyti
<br /> �g�,, � ' mnil to I.endcr's uJdreKx.luic d hcrein or uny othrr uddrr+�l.��nikr de.ignatr,by noticc to Bo�rowcr. Any miticc providrd ti�r
<br /> � '� �� . .,� in�hir Sccurity Instrument �hull 1� decmed to h:rve txen Fivcn �o Bnrr��wer ur Lenikr wlx�n �ivrn us pmviJed in�hi}
<br /> f�'�, � ; .. . ., puragruph.
<br /> l� ,� IS. GoverninR I.uw; 5eve�bilily. This Srcuriry In,irumem ,hnll ix Euverned hy fedcr.�l luw •rixl thc I�w i►1 ihc '" .
<br /> , '„• ` ;;:"��, • jurisdic�ion in whirh Um PruFxrty is I�xuted. In�hc rvem that emy provi.ian or clau.r�►f�hi.Scruri�y In.rtrumrnt ur the Notr t��
<br /> / ',„;;'.
<br /> f: • :l,:�.. • contlic�s wi�h upplicuhlc law.�unc�on�irt,hull ncit ai'tcc•1��ilirr pri�vi,i��n.��f Il�i.S«iiriiy lii�trui»�n�i�r tli�N��t�wltich�un
<br /> � . '•,�:•4 be givcn effect wi�haut thc contli�tin�pruvision. 1'i► thi.��id ihr pr�»•i.ium nf thi�Sccuri�y Imtn�ment�nd the Notc arc �
<br /> ''�::.. �,'.,`.:: d�lored to he+rvrr�bte.
<br /> „ •• � • �' tiy{;:);,+ . '
<br /> - __.,:. �.�E.;,-•.'.s%ia= 16. Borruwer sCopy. Rorrnwcr.hull Ix�:iven one conf�xmed rupy��I'Ihe N��tr unJ of ihi.Srcurin�Inxvumem.
<br /> -- •—•?���r���• , f7. 7�an�ier oithe Pruperty ur u BenrRciui lutrrr+t in porro«cr. If al!ur any part of the Pro�nn}ur an}�intcre•,t in ��*
<br /> � �;-;�;,{;,{,.�:�. it is.nld ar trumfcrRd(or iT u txiuf irial intrrc�t in Horri,wrr i. �uld or Iran.tcrr�d und Fi��rcow•rr is not a n;UUral �xnon i ��
<br /> `� � wilhoul Lendcrti rii�r wrill�n rumcnt.LrnJrr m:iy.:n it>�ry�tion. rri�uire immrJiutr pu�•mcnt in t'ull ol'all sum.ticcurcd h}• �l`�'
<br /> - � .."'i'�Y;�r.L o � � �
<br /> � •�'r. � ,. �' thix Securi�y lns�runxm. Howrvcr.thi+op�ion shull nut lu cserci,cd bJ•Lcndcr if rxrrri.c i.pn�hihi�cd by teJcrul luw u.��i f;,•�:
<br /> ' the datc uf thi.Securiry Instrumrm. �-'�•'
<br /> • � ,•,�a1'�.. 1 If LrnJer exerci.rx ihi.opti�,n, l.endrr shull give Burrnwer n�nirr ol'urrelrratiun. Thr nutire�hull provid�a{xri�xl ui �:��•'
<br /> +'�"' ' ,:<f�1.;���e"' •• nut Ies+thun 30 Jays fa�m Ihe Jute Ih�no�ice i.drli�rrrd or m:�iled a•itliin�vhirh Nurru„rr mu,t puy all�um.+ccurcd b�•�hi, �;``�`
<br /> �' :�j;'':��,��N' �.< ' Securiry In+trument. If Borruwrr fuil.lu pay Ihr.r �um.priur w�hc r�piration nf�hi. �xriixl. Lrndrr ma�• invuhc any �lc'.',�
<br /> �p c ;ii;,;,:`' rcmedicx perniiueJ hy thi+Securiiy In.trumcnt uilh�wl t'unhrr nutirc�rrJrmand an Harru�arr. �,�i�`.,
<br /> �� .;'t 18. Bnl�rower's Right lu Relnslule. II' Horcuwrr nk�l, �rnain canJitii,n.. Banuwrr ,h:dl havr Ihc ri�hl lu ha�•r � .
<br /> f�.: `"�•� enfurcement of thi+Scruri�y In.trum�m di,roniinurd u� an�iimr pri��r 1��tl�.rurlicr��1: la i S d:n•,I��r.urh u�hcr�xri��l u. .
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