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<br /> � condenatatton or ocher w�of any pnt or the P�epacy,or for aonvey.noe ia Neu of copde�ilon..ro I�.by uul�nd+wd
<br /> du�li be p�id to Lender.
<br /> In tho ovdu oP s taW IaWng of�he Property,the procaeAs ctWl be�ppNed to t!a cumr sav�ed by �hi� Sa.�urity
<br /> huapvmenti whdher ar not then duo.with�ny exces�paid to Borrower. In Iho everu of a putial Wcing of�he Property in
<br /> whieh the fiir nurlcet value of tha�+Operty immaljsuely befa�e Ihe t�lcin�is equal lo ar grcuer ihan tha�utoount of the�umr
<br /> �ecund by this Security instrument immediwtely bciorc�he uking.unkc�Barowa�nd I.ender otherwfso agroe in�writin�.
<br /> the sums secured by this Securlty Instrument shall be reduced by Ihe amount of'the pn+ceedK mulliplicd by the folbwing
<br /> frwction: (p)the total amount of 1he sums socurcd immediutaly bcfore 1ha taking.divided by(b)�he fair market vdue of 1he
<br /> Property lmmodlately beforc the taking. Any balcince shall bc paid to Borrower. In thc event of a panial wking of tho
<br /> Property in whkh the fair merlcet value of the Praperty immediatcly before Iha taking is Iers than the+unount af the suma
<br /> securcd immediotely befor�e �he taking,unlass Borrowcr end Lender otherwise ogree in writing or unlcss applicablo i�w
<br /> otbsrwise provides.ttws procex�deti siwll be upplied to ibe aums secured by thia Security Inswment whether or nat the sums ue
<br /> �hen due.
<br /> If the Rvperty is abandoned by Borrower.or if,after notice by L�tder to Bomnwer thut the condemnor offen to make
<br /> en nward or settb a claim for damages,Bomower fails to resuond to Lender within 30 dnys after the date the notice iR given.
<br /> Lende�is auth�xized to collect and appty the proceed�.et ius option,eiti�er to restaation a�epair af the Property or w Uie
<br /> wms securcd by thia Sccurlty InstrwnenG whether or nat then due.
<br /> Unless Iwender and Botrower ott�erwise agrce in writing,any applicution of proceeds to principal shall not exterd or
<br /> ��';-�. posqwne the due date of dia monthly payments rekrmd to in paragraphs I end 2 or change 1he s�maunt of such payments.
<br /> 11. Borrower NM Released: For6earaace By I.ender Not p Waiver. Exlension af Ihe time for ppyment or
<br /> ,.._,�, :.�;� modiflcation of unonixotio�of tha sums secured by this Security Instn�ment gauited by L.ender to any suocessor in inte�est
<br /> };y�4• of Borrowe�shull �ot operate�o rele�.se the liubility af�he original Borrower or Borrower�s successors in interest. Lcndcr
<br /> . slwll not be required to commance proceedings agulnst any successor in interest or refuse to extend time for payment o�
<br /> '''���•'� otFienvise modify nmortization of the sums securcd by this Secority Instrumem by reuson of uny demand made by the originAl
<br /> '�`' +t s I o
<br /> Boirower or Borrower's succeswrs in interest. An forbeariutcc b l.ender in exerciaing any righl or remedy hul n t be a
<br /> Y Y
<br /> : � waiver of or precludc the exercise of any right or rernedy.
<br /> � � 12. Succesorn And Aastgns Bound;Joinl and Several Lia6ility;Co-slgncKS. 71�e cavenants und ugreements of thi�
<br /> �.,; Y''�` Secudty In6wment shall bind and beneGt�he succes►oix and u4signx of Lcnder und Borrawer,subj�x:t to the provisions of
<br /> '�"�.�;s�!:^o;.,;.;:. paragmph !7. Borrower§covenuntR and agrcemcnts shall be joim�id ,everul. Any Buftower wlw co-xigns lhis Stwurily
<br /> �'�� ar•;7:-C' • Inauument iwt does not ezecute the Nde: Ia)is co-xigning�hih Securiry Imtmment only to martgage,gront and convey that
<br /> # . �a;;. : , ..•..
<br /> �•• Borrower�s intercst in the Propeny under the tcrms of�hi+Security In+trumem; (b)is not pe�sa�ully obligu�ed to ps�y the sum+
<br /> � ,��,�ilhi;!�',�;,° .� secured by this Securi�y In�tniment;nnd(r)agree��hat Lender und uny�ther Bc►rrower may ugree to extend.modify,forbenr
<br /> � �_��:t;:�•,�,y�� "''• �:.;.: or moke any accommodution,; with rcgand �o �he tenns of�hix Security InsminKnt or the Note without that Borrower5� �
<br /> `:s: -.'�5'' consent.
<br /> •'•'"�� '•:r;,,;,•�., '•�:a"�.,�y� li. Loan Char�ex. If�he Ic►a��ecured by �hlr� Seeuri�y Instrument iy snbject to A law which �ets muximum loan
<br /> s�:';.'. .
<br /> ;�.�,,, , • � • - chutges,�rrd thd law i�f nAlly interpreted ui thut the intemrt or other loun chu�ge�collec�ed or to he collected ln connac�i�xe
<br /> ;•� "� with the laan eaceed�he permiucd limits.�hen: la) uny such loun chargc.hall he r��duccd by the um�wnt necewsary�o reduce
<br /> 4•�' '"'���� � � ' the charge ro the permiued limit:nnd(b)uny sumti mlrcady cuDected from Borrower which exceeded permiued limitx will�he
<br /> �;�,,; � • •`� refunded lo Borruwer. l.ender muy chaose lo make thi.refund by reJucing tl�principul owed under Ihe Nme ar by mukinF u
<br /> � • direct payment io BoROwer. If a refund reduces principal,the reduction will he trrated a�a purtial pmpu)�mem wiihcwt any
<br /> �'�^�� , +�;••�� •� �t prcpaymen�chur�e under�he Note.
<br /> •'•�z , � .�:r."�.=�a>i;, "' , 14. Nattces. Any noticc to Bottower provided i'�x in thiv 5erurity In�,uument .hull tie given by delivering il or by
<br /> ' •� mailing i1 by finl clusz muil unlcr;s upplicuhk luw reyuirr+uxe of anmhcr mclMxl.The nMice xhall be directed to the Propeny
<br /> � ..- Addmz.or uny ahcr uddR„Borraw•cr Jc.iEnuta by nu�irr to LcnJcr. Any noti�t to Lrndcr shull hr given by fint clua�
<br /> ` '`�. ' muil lo Lender's uddre+.stated henin or uny ulh�.v adJR.+Lrndcr J�wig��ulr+by noiicc to Bormwcr. Any notirc provided for
<br /> � •l�;• , ,� : in thir Security Insl�ument shnll bc dcemed to havc Fxen given lo BoRUxrr or Lernkr when Eiven •r� proviJed in INis
<br /> ' parogmph.
<br /> '•�� � • "' ' 15. (:overninR I.uw: Severabilitv. Thi�ticcurity In,trumrm +hull Ix g�wemcJ B�• feJerrl luw and the law uf�he
<br /> •i ' • � ° juriuliction in which�he Pro�ny i.I�xa�rJ. In thr even�Ih.N any pnwi�ion i�rclauu uf thi.Security In.tnimem or the Nate
<br /> � ' � ,�, . ,�; contlic�.wi�h applicoMr law.wch c�mtlirt tihull nut�dfec�o�hrr provi.ion.�if ihi.Scrurity In.trument ur�he Note which ean ';''
<br /> be given effiwl without Ihe conflicling provision. Tii Ihi+rnd Ihe prxivi�i��m ot'Ihi� S�wurity In�trumenl und the NiNe arc
<br /> i'::,. . - • - '- d�lun�)lu Ik,cvc�uhlr.
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<br /> �r'.I n • 16. Borraxer's(bpy. Horru�rrr hhull tk gi�uu nnr cunl'urmrJ c�►ry�►Ilhc hutr anJ uf thi,Srrurity In,trument.
<br /> `' ' 17. 'tl�ander of'the P�opertr ar a Iteneficlul Interest in Bormw�er. If•rll ur nny part��I'thr I'n►Exrty or an�•intcrca in
<br /> ?�.. ��., it i�,nld nr�ramfrRrd I�,r il'a Ixneticial intrr.�� in Hom►wrr i,,uld ur iran�IrrnJ :md N�►mo��•cr i.nu�u na�urul �non�
<br /> '.,`: '; �"�`:'� , wilh�wl�endcr's prior writtrn cunKnt.LrnJrr may.w n.opuan,myuirc immed�a��paymrm in 1'ull i►f�II.um.,crumJ hy
<br /> -., . . ., this Security In�lrument. Howevrr.lhi�upli�m+hnl t not hc rxerciKd hy l.rnd�r it'c�rni.r is pruhibilyd Ny frdcr.�l law u�af
<br /> • �, thc du�c of thir. Sccurity Inr�rumrnt.
<br /> � �- r=� '• If Lender eKCrri.r.ihi�option.LenJer�hall givc BoRO��•cr notice��f urcclrraiiun. Thr noticc�hull praviJc a�xricxl nf'
<br /> f� .� ��' : ," ! • nnl Ic�s Ihun 3IIJuy�t'a�m Ihc Jatc Ihc nolirc i�dclivcRd ar muilyd��•iN�in+�hirh liorru��cr mu.t par all.um.,erumd M thi.
<br /> .t�� • Sccuri�y M��n�nknt. If H��rr��wcr fuil+to pay ihc.c sum. priar �o thr r�piraiiun��f ihi, �xri�Ki. l.rndcr may invokc uny _
<br /> ,��. ;, ..� nmrdicti pcmi i1kJ by Ihiti S�wurily In+Irumcnt withuui t'unhrr notirr ur dcmand�m Ri►rro�vrr. �"�
<br /> ( # , :. 18. B�Krow�er's R'ryqht to ReMM�te. If florrnwer mrr�. rrh:�in rondi�i�,n.. Fiurr�►��er .hall ha��c thc righi w haec
<br /> , � �:`�'%i entiircrnkm o1'ihi�Scrunly Instn►mrm diu��minuvJ a� any �imr pn��r 1��Ih�r:irlirr ul: I:u i dar.���r wrh�nhrr�xriixl a.
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