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<br /> conde�rutation as aHur taBin�of aey p�t of the QYopercy.oc fac canveyance in tieu of caaci�u�auan.ane l�ereby�iEned an� - � .
<br /> si�alt 6e paid co Lender. �_ ` . ° . .
<br /> ' Irt thc cvent oP a t6�a! taki�tg of the Property.tlre p�ocee�fs shaltt be appCied ro tAe sums secu�ed by this 5ecurity _
<br /> ����hq�a��hd�due.qIUIf�liyt C1(pCS,4�itd t0 BOi[iDNiCf. !n the event_of a p.�tttial t�king of tfie Property ia : . "
<br /> whicb tire fair ma�icet v�lue of the F�eitX immediatety befo�th:L�Jcing is Yqual to of�ter than���of the sums
<br /> secuoed by this Security lnstnunenl immcdiately be:a!e the takiirg,untess 8urtvwer and Lender atheRCise agrcc in wdtinS, ,
<br /> the swns secuisd by this Security Insnument siuil6e ced�ccd by tUe amoi�nt of the praceedy muhiplied 6y the Toltowing
<br /> tr�ctioa: l�f�c��nt of the sums secured immediaceiy 6efoie the t�kiag.divided by I b)the fair macket value of tf�e
<br /> � Fropeny im�ediateFy before th�tat:ing. My t�lar�sh�!!be paid tg Ba�'ower.. !a�e event oi n partial.taicing of ihe
<br /> Peoperty in whieh the fair madcet value of thc Property ia�mcdiatety 6efore the t�tcing is less th�n the aen�wnt of the sums
<br /> secyKd im�ately befarc the taking.unless Borrawcr and Lender othecwise agree,m writ�ng or untess appliphle law
<br /> otherv�,�s�p�ovides.t!r pcooeeds sluel!be opplied ta the sums secured by this Securhy Insaumcnt whether or not the sums are
<br /> ' then dts� . � , .
<br /> - If tiu Propttty is abyndo�xd by Borrowu.a i�after aaice by Lender to Borrower that the condemnar offers to make
<br /> - an awaN or settie a cfaim for damage�,8on+awer fait�ta cespond ta 1.ender within 30 days aftes the date the aotice is given.
<br /> �- l,�t�der is authaixed to rolkct and apply the proceed�.at iu op►��ou,eithec w�storation er repai�of the 1'roperty or to ti�e
<br /> - sums secuted by this Security Insnvmen4 whether or not tt�due. •
<br />-_ - Unless Lender�tid Borrower attretwise agree u�wririmg.any dpPlication ai praceeds tv grincip3t shatl oot�ctend Qs- -_ —
<br />-== postpane tUe dur datc of tbe monthly}�ymeius refeued t�in�rphs!and�oF change the amount of such p:►yments.
<br /> te
<br /> - 11. Barrv�rer Not Relqsed: For6earance Sy Leader 1Vot.a wai��er. E�ctension of the dme for payrr�ent or
<br />`-'.� madification of amortizatian of tl�e x�ms sccured dy this Security inst�umer�t granted by Lender to any successor sn interest
<br /> of Bo[rower shatl not operaQe to rel�se the lia6ilicy o€fhe a�igictat Borrower or Bortow•ers soccesso�s in intercst.Lender
<br /> _ � sha11 nat be tequi�ed tv comrnence pta�.'eedings against any sucaessor in intetrst or refuse w enten�time fos payTnent or =
<br /> otherwise modify amortiration of the sums secured bryr ihis Sec�it}°Tnsuumen[by re�soi►of any demand made by the origirtal ' _
<br /> � Bcxmwer a Barnwer's xuccessors in interest. Ac��forbe�aa�e 5y I.end�r in exec�cising any right or remedy stiall not iie a _
<br /> � w�iver bf or pcectude the eaerrise of any right ar�edy. ' ,. �. •
<br /> t2.•Sucoe�ors asd A�s Boand.loint and SeYaat f.�tbiflEy,Co�oers. The cavenanu and.a�,eea�eais af thi� '_ _-
<br /> Securitu Tn.suu►neat sh�ll bind azW bei�efit the sucet:ssors and as�ns.af Lender�r►d Barrower.subjacC to the pc�v�sr,ous.uxf ' ��:-_
<br /> paragrapb-17.Botrawer's covenanl� and agree�nents shall be,�cu,.�-it and se�cral.Any Barrawer�who co-sigai ifu"s� r�.�--_
<br /> S�' —
<br /> In.,�a�m�it but does�ot eaecute ihe Nat�: (a)is co-si�ing this SeCurity lnstrument only io mortgage.grant�d�x►ve�t�t ���'
<br /> �T��-��a
<br /> � � � . Bor�nu�`eis intemt in the Property under the teimso�tl�is 5ecuritg Tnstrumem: (b)is not��sonaity o6tig�oa paythe sdms -� �.z•
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<br /> � i�.•.: secu�.tty.this Security InstrumenG and(c)agrees tfrat Lender and any ather Borrower may agree to eatea�modify.focbear -.'w�':
<br /> ,.. ` �;���
<br /> �;:r t,, � or.inik+�;airy accommadatians with•regaM to the teems of this Security Inttrument ur the.Note without that Borrower's •�__ _r:�_
<br /> r.�.;_.� Cosi�ul :. . t.=�ti_:;..
<br /> �:• .E3►;Loan C6ar�es. if lhe laan secured 6y this Securit}'Inctrument is sub' ct tQ;�I:� which_sets maaimum loan �'!�- `��°`"
<br /> ;;r;� �e `n �r=Y,�°��:•'r''_...
<br /> , .�. c .and that taw is finally interpreted so that tf.r�interest urothec iaan cha�es coQeet����3o bie collected in connectia» �___�-.--
<br /> � _ - --
<br /> ;�.:.. w►th thp(oan eaceed the permitted limits.then:. (a►,�sach loan charge shalF:r�:-:duced��e amounEisecessary to reduce _���;_--
<br /> the charge to the permitted limit;and(b)any�ut!�a`r,.ady callected fmm�����which exceeded peri���i limits will he ����.�,
<br /> ;�� . refui�dvdto Borrower. l.ender may choose to mak'e this c�efund by mdacing�s��+.�;cipa3 awed'undec the�s�ar 6y making a �:. :����F_�
<br /> :�+ dires¢p�ment to Borrower. If a cefQZdd reduces principal.the��ciian wili ba treated a�'���rtiat prep�)�ent withoai any �+_.��;::.:_:�
<br />;;�;:'�' • �' P�S�;ent chArge under the Note. ' . , r•`= . '% '�
<br /> • t4. Notices. Any notice to��'�rrower prasfr�ed for i�tlT±s�Security Instrumem shaPt�'9r given by delivering�it:cc�r ��:�-` .�*�: _s
<br /> � y:.�;;��� mailing it by first class mail unless applica6le t�.��n�,,�zices use of another methad.The notice shaU be directed to the Properiy , .� ,�=
<br /> ' Address at any other address Barrower desi�razti.�Uy nopce to Lender. Any notice to l.ender shall be given by fi�t class � :; ,'_'
<br /> � �s.���!�;Y. mail to�ender's address stated hem.in or any other address L.ertder detiignates by natice ta(iorrower. Any notice provided for ,, " �1�
<br /> ' - ` y in thi.�.Security Instrument shaU�be deemed to have bcen given to Barruwrr or Lendcr whca�i�en as provided in this `i yr.xa--
<br /> �,�:. .
<br /> -�i r` paragmph.. .
<br /> � ��,<,x !�. Governing Law:SeveraEbi�ity. Thiy Secnrity lnstrument shall be govemed by fedcra! law and the taw oi the ; . � :..-
<br /> y'•f. f:. ' . .
<br /> , � ��;�. jurisdiction in which ihe Propedy is 1�xated. ►m�ttu:even t t ha t a ny p r o v is i o n o r c l a u x e o f t h i s S e c u ri ty I n s t n�m e n t a r I h e N o t e i, _
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<br /> �,; ;: •����:;�_ • � conflieGc with applieahle 1aw,saeh cc�n8ict shall rtot affect ather pravisions of thiy Security lnstrument ar the Note whieb can -�;,,�_�:
<br /> ��: ' ` �i,:�`;'�,�% be given effect without the rnnflictinn provision. To ehi�end the pravisions of�hic Sccurity Instrument aad the Nate are ;��;_
<br /> . , . ,•,,. z • = �
<br /> ;`', ' .;i�.. declared ta he.r•eve[able. -• ; ` °
<br /> ,'' z ' *;,., ;�,Borrower's Copy. Bu�m~�:���hall he gi�'en one conL.c.-�ed copy i�f the Note and o�this Security fn�trumen� � � ���'�"
<br /> '�.._ • ,�LT. Transfer of the Proper��at a Benefidat Interest in Borrow�en !f all ar any pzc�c�the Property or any inten�:in �
<br /> �i.
<br /> �'� it i�sold or transferred(t�r if a ixneficial interev,in Borrawet is soid ar transferred and Bprn�wer is nc�'a naturai�tson) N.. .
<br /> + wi�hbm Lcndert ar wriiten con.tiem,Lender.o;�::,at itc aptian,rcyuim immediatc payme°t in full of�il sums secured by •��;.•;;�-
<br /> , ��,t` . . , Pri
<br /> , . t�;. this�S�acurity Instrumem. Hawever..this optian�ra11:nat bc excrcised by Lender ii excrcis�.i,��mhibited by federal law ac of .����: -
<br /> �, thcdFcaofthis5ecuritylnsTrome�:�r-. • , '� . ,
<br /> . , . � IS Lender exercise�ihit opti�n.Lender�hull�ive Borru•�,�-cstotice�f aceeteration. �l';rs:�otice shaU.provide a pc'rt�a�af •
<br /> � . :�, not Ies.S ihan 30 days irom the date the no�ice is del�:eced ar�ailed within which Bcnrwvcr must pay al��:w+,.t aecured 6y this `
<br /> . rF.��. �., .. Securiry Instrument. (�Borrowcr fails to pay tlte�e xums priar to Ihc cz.pir.�iun of'thix prriad. terf'i��'iay invoke any `` ,
<br /> �= '��'• • • remedies permitted�u�r:Yis 5erurity IA.uument w i�ticut funher notice or dcm�rn���n Borru�ver.
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<br />. -;w.• • �., � IiP: Borrowee's Rigltt ta lir.enslate. If Bonowcr mer.�..certain cc+���i:��ny. Horrvwer �hall have the right ru,i;at�� , ,,, . • ;
<br /> �'�fii"•''` enfarcnmem of this Securit !n'.vrwtrt.-n�Ji�continued at a►iy timi:pri�u to�.'.:-:eurlier uf: la►5 days(or�uch uth:r�r�n�:�:::� '�
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