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<br /> ,�• condemnarion or other taking ef any�rsut of Ne Property,or for conveyance in Heu of condemnadon,are hereby assigned and .
<br /> �� ' shall be paid so Lender. • `
<br /> . - � ;�. In the event of a totat utEcing of�fte i`�operty��tfic pmoe�ds shaii fie applie�ta dte sums�se�re3 by this Soc�iry �� -�
<br /> �;�< " � Inshumen�whetAer or not then due.with any exceFS paid to 8oaower. tn the event of a purtiul taldng of the Propetty in 4,� ,
<br /> • 4 '� which the fair market vulue of the Propeny immediatety bet'ore the tatcing is equnl to ar gt�eater dtaa the amount of the sumc `. ;:F:F;.:>..� s
<br /> •. �:.�R.. ,��" '� secu�ed by this Securiry Insdument immediately before the taking,untess Boisower and Lender othetwise agree in wt.ri�t�iwnwg. 'i4„i�`_�:: ..,; -
<br /> _ � �'., ``= � the sums secuced 6 this Securi Inst�ument shal!be reduce�!b the amount of the oeeds muhiptied b ��O11ORY! '�'S,� 5•�.;'=t =.,s,: -
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<br /> - "�-< �` ��..°��'�:<•. fracrion: (a)the total amount of the sums sec�ned immediatety befa�the taking,divided by(b)the fair raarket vatue of tha '�:r<4,1�...,.'..:;:,::;` .;>:..-
<br /> - � :� �� • � Propecty immediately before the taking. Any balance shnl!be paid w Bortc�wer. In dte event of a partial tatdng of dit �, j :v.. ,.��
<br /> - �'�``; �� Pmpe�ty in which the fair market vatue of the Property immediately beFore the teking ia tess thaa t�e amaunt of ttt�sumx - . ,
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<br /> secnied immediazely before the takiag.�unless Boirower and Lender othenvise a�ree in writing or uniess applicable law - ��
<br /> � '• '�� -:�— = atherwise provides,the pmceeds shaft be app�ied to the smns s�by this Sec�uity lnstrument whetheror not the sttms are- � _ _
<br /> . � { - .`•L then due. �� f � �
<br /> � y If the Pcopetty is a6andoned by Boirower.or it;after notice by Lender to Bomawer dtat.the condemnor offers to ma$e � �z • �� _
<br /> �- ?�:�`:ti.,�. ,`.• .-::� an award or settle a claun for damages,Barrower faiLs w�ond to Leader widtin 3Q days.after the.da:e tke aotice is given. ����:t�" '':w ;m:3�
<br /> ��- ` Lender is authorized to collect and apply the proceeds.at its option,either m mstoratien or n�gairo�the Pmg�*�s to tht .
<br />_ . #:: . t`^.� .e1 .,... .:� ;:.• �.: _ . �
<br /> .� <.� ,�t�,� , : sqms secuied by this Securiry Inswmeat,whether or aot then due. . . : . -
<br /> Y ��:�Pt`���,��� Uniess Ler�er and Boirower othenvise agee in writing.any apptication of pmceeds to.p�ue�pai.saz3�.rtc��ex��" �
<br /> �,,� �<`;=�? ��' . ' °� ' gosipanethe due date of the monthly payments refemed to in parag�aphs�aad 2 or change the amuumto,f ssssa ga�v��s.;.' . " -___..
<br /> , `���-�`�'� �,' ``• IIL Sar�o��r Not Ret e a s e d; Fo r 6earanee By L e n der No t a W a iver. Extension of the ca�e far�a y r��rt or -
<br /> ` �;�,^1'� �;�ror}� s�4` . . . .��a.�ra�on:of ama�ti�acion of t�sums secured by diis Security lustrameat�d by Lcndes ia�za���'1u�'� 1�°�t , -
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<br /> `r�� >,���.r�:,;��;����':. :o�Ba�oa��er.s1aa��mt opezate to reIease the Gability of the original8oimwet ot Bmrowerk setooessuts in inte�st.�.eatkr -.
<br />_ ,. �f.?���^�v��;;.����`` .shaT3 aot'�e raq�i�eil tt�sor�mence pmcaedings against any saccessor in iatetest or tefuse to extcmd time for payment or
<br /> `�,' ,.u�.�,`jti �.s :�.
<br /> v���, � ,o8�erwise�uodify amortizaiion of the sums seciued by this Secuary insuumeat by teason of any demand made by the original
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<br /> � ;:.'�,;,:��}�<tr . : ',. Bmrower or Bomower�sucrxssors in intetes� Any fo�aiance by i.ender in exercising any rigl�t ar cemedy shaU not�e a
<br />��,. ?. .; ��`_,r. ,. , , waiver of or preclude the exe�ise of any right ar c+emedy.
<br /> �`, ;."�,- ..:' „:- - .. iZ. Saccessars asM As4igas Boaad:do�nt ssnd Severa!Ida�!lityt Co-slgAers. TAe covenants and sg�eements of this ----
<br /> }'`� '' , J � Security Insuument shall bind and benefit the successors and asslgns of Lender and Borrower.su6ject to the pravisiuns of
<br /> ., .:�....-�• _.'
<br /> '`;� � " . , , parag�apb 17. Borrowenc�ovenants and agcrements shall be Joint attd 6everal.Any Bomawer who eo-signs this Securiry
<br /> Instrument but does aot execute the Note: (p)is casigning this S�urity[nstruarent onty ta mmtgage.grant attd convey thai
<br /> ; s . , Borrower3 inten�st fn the Property under the tem►s of this Secudty Inetrumen� <b)is not p�rsanaqy obl�gated to pay the sums
<br /> � secured by this Security I�rstiument:und(c)ugrees that i.ender and any otAer Barrower may.ag�ee to extend.ntodify.folbear -
<br /> � , or make uny accommodations witl� regard ta the terms af this Security In^uuinent or the Note without that Burrowerb =
<br /> ` ' • . . consent.
<br /> ti ;;� `: , 13. I.aan Cha�;es. If the loan secured by this Secudty [nswment is subject to a !aw which seis maximum toan
<br /> charges.and that law�s finalty interpreted so that tho inrerest or other loan charges collected'ar m 6e coUeeted in conneed�
<br /> l u • ��` with the[oan exceed the pertnitted limus,thea: (a)any auch loan charge shgli be reduced by the amaunt necessary to ceduce �
<br /> � � .. the charge to the pertnitted limit;and(b)eny sums already collected from Bomower which exoeeded penmiued Itmits wtU ba
<br /> ; � `:�' � • ' �efunded to Borrower. Lender rtay choose to mafte this refund by ceducing ttte prittcipal uwed under the Note or by making a
<br /> '; � • diiect payment to Botrower. If a cefund reduces principal,the t+eduction wal ba t�eated as a partial pr�epayment wIthout at,y
<br />- , � , prepayment charge under the Note.
<br /> . . 14. Notices. My notice to Borrower provided for in this Security Insdument shatl be given by delivering it or by
<br /> 7 � ` . � mailing it by first class mail unless applicable law requires use of another method.ThB rtotic�sha116e directed to the Property
<br /> , • Address or any other address Bosower designates by notice to I.ender. Any notice to I.ender stiaU be given by fiist class �
<br /> �'�'�- � mail to Lender's address stated herein or any othcr address Lender designates by noUce tn Bomower. Any nunce provided for ===__
<br /> .'; � . � in this Security lnswment shall be deemed to have been given to Boirower or Lendcr when given as provided in this [�pv�''
<br /> ,a E ° ` " P�B�Ph• . � -
<br /> �. s , ;�,;.:,,;� _ �<t+ 15. Governing Law;Severebility. This Security Instrument shall be govemed by fedeial law and the 1aw of the �v„--°
<br /> -L�, jwisdiction in which the Property is located. In the event that any provislon or claase uf this Security Luhuatent ax the Noie
<br /> • k\'`�;'•; conflicts with applicabte law,such conflicc shall rtot affect other provisions of this Security Instrument or the Nai�r wf�.ich can i�rc °_
<br /> be given effect without the conflicting provision. To this end the provisions uf this Securiry It�sttument and d�.�ote are ,
<br /> . • declared to bs severable. -
<br /> ��� � 16. Bora�uccer's Copy. Borrower shall be given one conformed copy of the Note and of this Seeurity Instruraent
<br /> ''1'::�� 17. 7tansPer of the Property or a Beneftcial Interest in Borrower. If all or any part of the Propeny or aay interest ia _.
<br /> s. •;.
<br /> ;:;:, ie is sold or transferred(or if a benefcial interest in Boiro�ver is sotd or transferred and Borrower is not a nautcaII petson)
<br /> �;`•�:���: a�ithout Lender's•prior written consent.Lertder may,ai its option.require immediAte payment in full of all sums secured by
<br /> _ .`�'•`�'4.' t�is Security Inswment. However,this option sha!!nat be exercised by Lender if exere�is prohibited by federaD taw as of
<br /> . the date of this Security(nstrument.
<br /> � If Lender exercises this option,Lender shall give Borrower notice of acceleration. Ttte notice shaU provide a period of
<br /> • � �;` � •,;�;:. not less than 30 days from the date the notice is delivered or mailed within which Barrower must pay all sums sec�n.�d by tlsis __
<br /> '' 5ecurity Instrument. If Borrower fails to pay these sums prior to the expiration of this period Lender may ipsvoke anyr
<br /> . ;�,,41:
<br /> ; ; ,: � remedies permitted by this Security Instrument without further notice or demand on Horrowar.
<br /> :�, _
<br /> 18. Borrower's Right ta Reinstate. If Borrower meets certain conditIons.Borrower shall have the rigQtt to dave
<br /> � � ' . � � ' enforcement of this Security ln�trument discontinued at any time prior to the earlier of: (w)5 days(or such other periad es
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