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<br /> , , co�e�u�tint�`ot d6a t�ici�oP�ny p�t of t6e Ptope�ty,or far�onvey�nee io�liea d pa��ae,ar�t�ere�Y��ud -
<br /> -.. si�De Qaid tv t.a�der. . • � � ' � _ �
<br /> � � in the a►eat�ot s wtat takio�,of the Hvpe�ty.,thc piaceeds slu�t!be tppliod to ybe sua�seauod 6y ttus SecYekY.
<br /> , L�utumqK;w�et�er ar not Iha�due.with�ny evoess paid to Bonowrcr.-ta the event oC a paRial[aking oi tbt t�copertg in -
<br /> �.� w6ic1►the fiur m�ci�et v�tu�of the PtopettY�m►�tiedi�tttY.befa+e the taking is equzl ta ur&Kater.tha�i ihr a�auunt o€tbe swns
<br /> - �cwed by this SecutitY Nsuruu�nt unmediately 6efo�tlk takin�unlcs�s Borrow�r and E.endes a�bervrise agne in writin�. -
<br /> '.the sums secu�td 6y this Seciuity(nsWitrcnt sholl!K tedurM 6Y tt�e aman�of tha pmceeds multiplied by the fioliowio� :,
<br /> `" 'icaetwa:�(�)the tdai amount of the sunts secwed immedixeiy befa�e ttrc t�lcing.divided by lQ�t6e fair m�ricet value at tt�e
<br /> `'�ropenY iriur�e�iately 6efae the`qkieg. Aey isotmt shai!bc�rid ta Barr+nx�:s tn 8�c eve�t nf��rti�!takiag ot.lh�._. <,--�;,
<br /> :Propeity in vehich tUe f�ir m�fcet vatue of the Rupe�ty immediueiy befi�e thc tsk3ng'�}las than�Ir�a of tha stuns
<br /> �socuted.inrnedi�tety befo�rihe takinE:uqiGSS Bormwer an�l.endes aNenuis�agree in vYr:t�g-a'r-�q �ppliqbk law
<br /> :,o�wise pEUViqes,the proceods shaU be�pplied to the sums socu�ed 6y this Securiry Instrument whetber ar nw the sums�re
<br /> � - '`i�enet�e. ` . , . .. •
<br /> !f 1t�e Penpetty is�nda�ed by Baaov►er.or if.afta notice by Lxndet�to Barowu tbu thr coade�ar offers to in�lca :
<br /> s an swad a seqte a claim fu�dart�es.BoROwer faits ta h�spad ta I.ender within 30�ys afte�the date the mtice is giYaa 'c
<br /> �:lsndet is�wMPaiced ta eottcet and applY the Procads.at its option.euher t�testaratian a repaeir oi tbe l'noperty or W t6e ;
<br /> -- :swns secwiod l�y this Security In�rumcn�wGed�erornot tLen due. ` • �
<br /> Unkss Lender ard Barowec a1K[wise ag�ee in writiag.�ng applic�ation of pmceeds to princip�shaii not-cxtrndr oc�:`
<br /> �pos,pnee the�d�u otret ma�h�y.�ymmcs referrea to in�gr.�p►5 t ana z a chaoge the�c of s�h pay�s. �;
<br /> 11. �rrwer Nd Rekat�ed: #�.By I.e�der Niat s Wairer.. F.�iunsiat of the time fa paymen� a�::
<br /> '�.modification ot amo�tization ai the sums secured by this Security Instruma�t granted iry Le6der to au�y s�res�a��n interest!_
<br /> ;of Bamwer s�fl not aperatt.[o�ek�se the Gability of the original Barower ar.Bamwer's successors in irxerest.I.rnderr:; .,".
<br /> �;s�ll not be�uircd w eonunence pmcaedin&s againsc_any successar in interest or�efuse.ta extend time for paymcnt:o�s:�, .
<br /> �-a�nse mo�dify amoRization af tbe s�ans seciaod by this Securiry Instrument by erason of any deroaid rt�ade 1ry'.tfie oAgia�1-;�, . , .
<br /> �"Boauwer ar Banawer's soccessors irt u�te�est. My foebeauance by lxnder in s���S�ny right or remedY.strali rat�be an;.
<br /> 'waiver d a p�eciude th�e exercise of aay��ight or cemedy. ' .- , •. ;:
<br /> -- 12. 5�ors sM Asti�as aa�d;.kipt s�d Seraa!1.WMIitY;Co�si�en. 1]�caveiititts and agt�iiaeacs of t�.c,..:.
<br /> - �:Securiry ltistrumeot shall.bit�d and beciefit the succe5sas and assigns of Lender�nd Boanwer,s�tbject to t[�rp�n�visiong ofi�.
<br /> - '.paragraph l7.Boaov�'s covenan�and agseements::sha116e joint and severaL Rny Borrowcr who co-sigos this Security�j
<br /> 'Insawnakbut daes aac.e�cute tbe 1�Toce:.la)�S em�gning this Security Instrument only w mongage,grant and convey.thatt .
<br /> ��Borruvver's inte�est in tTie Propetty�fcr ttte cem�s of this Securiry insaumen� tb)is not personalty obligated to pay tlie s,uti'i�:�
<br /> �recu�ed 6y this Seeurity Insmimem:and(e)aEcees that Lender and any other Borrower m.�y agree ro extend.modify:fncb�zn. .
<br /> ;.��ICe any acconunadatians vvith regard to thc temts of this Security InsWment or tlie Nate without that 9orro►��:r;�, . -
<br /> consen� . ' ' �•
<br /> ;��� 13. I.u�n C6srSes.' If the loan seeured by this Security Instrument is subject to a taw which sets traxiicivai"tuaur:•••�
<br /> . charges.and thy law is frnally it�terpreted so that the interest or other laan charges cottected or to be mltected us cunn�voa�'•.�;:':.• ;;:;:
<br /> . �with the laan excced the pemittted limits.th�m: (a1 any sucb taen charge shall6e reduced by ihe anwunt neces.cflry ta n� ` r
<br /> ����. : tlte charge to tAe pertniued liini�and(h)any s�s a l r�d y co t lecte d from B orrower w hic h e x c e e d e d p e r mitied limits wiii be ���
<br /> •�='-�"I � nfunded to BartaRer. �Sder rtsay d�oose to maice this nfund by rcducing the principal owed under the Note;ot by tnaking a
<br />: ' ;r: direct paymeat to Barr+av��er• !f a refimd�reduees�Bicipal.the mduction will be aea[ed as a partiai prepay�t vrithout any
<br /> - _ �s - PrePaYment charge wd�the Nate. �
<br />_,,;�'�, �, : 14. 1lotices. arry notice to Bacmwer providec�for in ihis Security�Instrument sha11 be given by delivering it or by
<br /> �` �: mailing it by 1ir�t cta�s mail antess ap�c�cable law requirec use af anather rttethod.The aotice shatl be diiected to the Property
<br /> :;�`�.s;,. Addtess orany other addre�.s Borrawer designates by notice to Lender. ilny notice to Lcnder shall be given by first clas.c
<br /> � mail to Lender�address stated herein or any ather address l.ender designates by notice to Borrower. Any notice provided for _
<br /> .� ip this Security Instrument shall be deemed to have heen given ta Botrower or Lender when given a.w provided in thic
<br />'. .' �a1S Coverning l.Aw;&verability. This Securiry Id�tn�ment shall be govemed by federal law and the law of Ihe
<br /> � �•�` : jurisdiction in which the Prapeey is tacated. In the event that any provision or dause ai tbis Security la5trument or the Note
<br /> • . canflicts with applieahle law.such conflict chalf not affect other provisions af this Security Instrument a the Note which can
<br /> . :: 6e given effect withaut the contlicting provitiia� To thir end the provisions of this Security Instrument and the Note are
<br /> � � • dectared to be sever2��: ' -
<br /> 16. Borrowe�'�t�apY• Borro�ccr sha11 be gitisn one conformed capy oi'ttc�n.ute and of this Securirty�I�:�tiumene.
<br /> :, tfi Tsaasfe��Y��te P.ropertu wis a denetkial Intere.ct in Borrox•er. IP a1C or any paA af the Propenq�rany interest in
<br /> ;:�� r.�� it ls�r:����_ci`:an�feaed(ar if a be:x:icial intcrest in Bonower i+sotd or uansferred and Borrower iy not a natural persanf
<br />__ : ti , witiixr�L�a�er�prior written cansent,Lender may.at its option.require immedlate payinent in ful!o£al!sum.v secured by
<br /> ;''-� ,`,., .� ° �his Se�1;;y Tn�,trur�r-.�-�, Howcvcr.thi�op�ion shall�at be cxenited by Lendcr if cxerc�tie iti prahibited by federal l�w ay of
<br /> ."•. the date o�thr�S�~a�ss�nstrumcni.
<br /> •���;;, f 1f�:ender exc�n;a�this option.Lender xhaQ give Borrower notice of acc�l rratian. The noticc tihalf provide a period af
<br />::,� :`�.:' �t less rir.�.-�30 da�c from�he d�te the notice is detivered or mailed within whu,�h Soaox•eT,TUSt Qay ali�umw�ecu'red by this _.
<br />-'�;� " . ; �y. �'. Security t�smtmen�_ lf Bartawer faits tb pay thnsc sums prior to thc expitation of'thiz peria). Lender may invoAe a�y =
<br />, � •-�,� :;:ti_,,. remedies pem�itted U;�!his Security lostrumcnt withaut funhcr notC.�ar demsn�on Bc�aower.
<br /> 'e �. ' la Barawet��tight to Relnstate. If Bnnower mcctti cenain ccr�ii;�ns:Bnrrower shalt have the right•ta havc
<br /> (' enforcement af this Security In�trument diswntinucd at any time prior to ct�:���:1icr nL la)5 d:iyy Iar.ucisother�period�� •
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