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<br /> �9�. 108�26
<br /> condemnatfan ar othe�lakinQ of�ny part of�he Pr�upeAy.a for ca�veyance in lieu af candannaUon�u�hercby aui�ned and
<br /> �hAll be p�id to l.ender.
<br /> In �he cvent of p twal lokin�of�he Propeny.lhcprocada ehAll be applied lo tha suma Kcurcd by thie Security
<br /> Insuument,whethcr ar na tl►en due,with rny exass pai td o Bon+uwer. In Ihe avem of�partiwl tokin�of the PrropcRy in
<br /> which the foir mAricet value of the Properly immediately befo�e the laking iR equal to or grcattr�han ihe emount of Ua sums
<br /> r•ccurcd by thia Secu�ity lnsuumeM Immediately beParc tlte taking.unlaxs Bomower apd L.ender aherwise aQnee in writing,
<br /> Ihe euma securcd by this SecurFty Inetn�ment shall be�educed by the amount of thoproc eedK muUfpikd by the following
<br /> fr,+ction: (a)thc tot+�l++o�ouot of ttw aumx secuned immediately befarc the tnking,divfded by(b)the Pair market velue of the
<br /> ; Propcny immediulcly bePore the �aking. Any bulu�ce r�hall hc pafd to Borrawcr. In the event of�pnrtiul taking of the
<br /> Property in which the fuir mnricet value of the Propeny immedlutely beforo�he tuking is Ieas Ihan�he amaunt of the suma
<br /> eccured immediately before �he toking, unlcax Borrower and Lender otherwir,e agteo in w�iting or unless applicable law
<br /> otherwir,e providea,the proceedx xiwl)be opplfed to the xumx secured by this Secu�ity Ina�rumsnt whet6er or not the sums orc
<br /> �hen due.
<br /> �+�.�• If the PropeAy is abundoned by Botrower,or if.after notke by Lender to Borrower that the condemnor offer�to muke
<br /> un uwurd or seule u claim fur damages,Borrawer fai Is to rcspond to Lendar within 30 days ofter the dnte the notice is given,
<br /> ' • Lender ia nuthorized to collect and apply the proceedr,at its option,either to restoretian ot repair of the PrnpeAy ar to the
<br /> • .;; , "' � sums securcd by thia Securlty Inslrument,whether or not then due.
<br /> Unlcss Lender und Borrower otherwi,e agree in wriiing,any upplication of prc�ceeds to principal shull not extend ar
<br /> . ,t �...� ;ti� po�tponc the due date af che monthly puymentR rcferred ta in pamgrnphs I und 2 or change the umowx of such payments.
<br /> . `�i�,:�,�*, l l. Bnrrower Not Releaaed; ForbeArance By l.ender Not A Waiver. Extentiion of �he time for payment or
<br /> �' �. ,f_+ -.=.p.; �;*. �, moditication of umortization of the sums secured by �hiy Secudry Inatrumem gronled by l.ender to eny successor in interest
<br /> ^'` �`��� of Borrower shull not opernte to releuse the liability of the originul Borrower or BorrowerA successcm in interest. L.ender
<br /> � T.: -: . �ir..::l.._., .
<br /> #���• •, shull nw he r+eyuired to commence pr+aceedingn agninst ony successo�in interest or refuse to extend time for puyment or
<br /> `� "„,�°� �� � otherwir,e modify umonizatioo of the sums secured by thi�Securiry Inxtrument by reasan of uny demand mnde by Ihe originul
<br /> a . �';;<`*°� � '� � Borrower or Borrowerk successors in imeres�. Any forbeumnce by Lender in exercising �ny righl or remedy shall not be u
<br /> '� • • � waiver of or pneclude�he exercise of uny righl o�remedy.
<br /> ��' " ' ' '•''`•�� 12. Successora and A�slgns Bound;Joint and Severul l.iabllity;Castgners. The covenums and ugrcements of this
<br /> ~ ry •`�'•'•`S.;r�.;.' Security Instrument shall bind und benefit�he sui:cex�or,und ustiigns oF Lender und Borrower,subject to the pmvi�ions oP
<br /> � p:uagrnph 17. Borrawer�covenantx and agrcements sbull be,�►int nnd several. Any Borrower who ca-signs this Security
<br /> � �••���°;�� �. lnx�nrment but does not execute the Note: (u)is cu-signing�hi+Securi�y In.trument only to mcxtgAge,gmnt and convey that
<br /> ' � B�xrower�interest in the Pmperty under the tenn�of thi+Securiry Infitrument: (bl is nat personully abliguted�o puy the sums t.�,
<br /> � � • secw+ed by this Sccuri�y Instrumen�:and lc)agrerz thut Lender und uny other Borrower muy ugree�o extrnd,modify,forbenr �;��
<br /> x • : ,,+': ar muke c�ny uccommodu�inns wilb rcgurd to thr tcrmr;af �hix Securily Imtrument or the Note without thut Borrowerk
<br /> . ,, . '.,;:,, con.r•ent.
<br /> ._ ' ' !1. l,nnn('hAr��x. If Ihe Inun tierured by this Securi�y Instrument is xubjeci to u luw which sets maximum loan
<br /> "''` •'��' churges,und that law ir finally interpreted�o�hut�hr interest �x other Inun churge�colkcted or to be rollected in connection
<br /> • {�� " with the loun exceed�hr permitteJ limit�,then: lal uny tiuch loan churge�hnll l�e reduced by the umuun�ncre�xnry lo reduce
<br /> .; t�.'.. n
<br /> � ���;;•�:i ' 3� •"�. Ihe chs�rgc to th�pennillcd limil:and 1b1 any wm+ulrendy ailkctcd fr��m BoROwcr�vhirh exceeded pemiiued limit�will be
<br /> '' ►efunded to Bonowre Lrnder muy rhiw►,c tu mukc thix refund by rcducin�s the prinripal owed undcrihe Note ar by muking u
<br /> , dimcl payment to Bnrtuwer. If a mFund rrducc+principal,the reduction will t+c Irevled u�u purtiul pr+epayment without any
<br /> ��` . , prepuyment charge under thr Notc.
<br /> 14. Nolice!z. Any noti�e lo Borrawrr provided fi�r in �hiti Serurity Imtrumem�hull he�iven hy delivering it or by
<br /> �' mailing it by f int clu.+mail unletiti applirublr Inw rcyuirc+u+�of nnnther mr�hi�d.The naticr,hull be dir�ted ta�he P�ropeny
<br /> Addrr�.or any utlxr uddre��Burtmver dctii�niuc�hy nuti�rr �n L.endcr. An�• notice ia Lendcr tihall he given hy Pr.t rlu+s
<br /> �!w , mt�il lo LenJer'x udJre+..�a�rd hemin ur�my nther•rJJR..LriHkr Jesi�m►tc.h��n��ticc to Born�wec Any notice pruviJed f'ur
<br /> in this Sccurity Inslrumrm xhadl he d�emrd w have hcen givcn to 8orrowcr or Lendcr whcn @ivcn us provided in thi�
<br /> .'��� . �, puragraph.
<br /> � IS. GoverninR I.aw; tieverability. Thi� Securi�y In.trum�m ,hall hc �!iwcrned h� f'�dcral law und thr law oF �hc
<br /> • '. juri,dictiun in which thr Pro�xny iti I�xatcJ. In�he cvcnt ihut uny pmvivi��n or cluu�c ai'�hi.Securi�y In.trument nr th�Notc
<br /> f•';• " ' „ conflict�with npplicuhk luw..urh rontlict.h:dl nut vlTeci uthcr pru��i�ion�of thi.Scrurity In�tru�mnt or the Notc whirh run
<br /> � �, , � t►�givcn�fCec� withom �hc conflir�inF pruvi,iun. Ti►�hic cnJ�he provisi�►n.��I�hiti S�curity Murunxnt und Ihc Notc are
<br /> ;,: - _ dcclnr�dtolx+cvcrublc.
<br /> :ti;•;: . 16. Horruwer'sCupy. H��rro��rr,hall Ix giv�nun�cunt��rmed rupY��I'�hr Ni►�c and uf thi,tic�urny Intitrumem.
<br /> ''" 17. 'IY�ansier of the Propert,r•or a Benefirful Intcre�t in Borro��•er. If:dl ar:my p:�n��t'ihr Pn��xny or�iny interc�t in ' •
<br /> ;, it is�aIJ ur tran.fcrred lor il'a hrnclirial int�r�.l in R��rruw�r i. ,old ur tran�fcrrrd anJ R�.rn�v►•ct i.n�it a natur.�) �xnonl 4.
<br /> , ' �. . ' wi�lx�ut LenJrr:priur written run,�ni. Lcnder may.•r� it.uriinn. r�yuin immrdiate p.qrn�nt in I'ull u(all,um.,rcureJ by '""
<br /> . , � . ' thi.Srcurity In+trumenl. Howrvrr.thi,i�li�►n�hall �Nn ix e rcrri,cd hy Lender if rzrrci�c i�pri�hihiteJ by fedcr.d luw•u,ot'
<br /> • . thc Jute ot'thix Srcurity Imlrumenl.
<br /> � -. � If LcnJrr exrrri.e.thi.optiun.Lrndrr.hall�i�•e lium.��cr�iulirr nl'arrrlerutiun. The nutice tihull pruvide a Exriod ul'
<br /> .ti i . • • n�N Icx.thnn�fl duy�1'rom thr Jatr Ihc notirr i,dclivcrcil ur rnail�d��ithin��hirh Rorn��«r mu.i pa}:�II�um..rrurcd hy thi. • �
<br /> ��: Srcuriry Instrumrnt. If BuROwcr t:�il. to p,n• ihe.c.um� prhrr ta Ihr repiraii�m uf Ihi, �xrNxl.L�rxkr muy iin•okc any '`
<br /> �; rcmrdicti�m�iurJ by thi,Scrurit�•In,trwnrnl�+ith.iul Yunhrrm►ticc ur drm;md on&�rru��cr.
<br /> ( : IS. liorrower's Ri�ht tn Reinrlale. II' Burru���rmr�i, cen.�in r�mdition�. li��rn,��rr.hall iiavr �he righ� �u ha��r
<br /> i � . � enforcen�nt of thir Scruril� h�,�nm�rnt di..•uminurd at :m�� �im� pri��r�o tlx rarlirr uf�: Iu� 5 d:n�i ur.urh uther�xri�xl•r. ��
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