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<br /> condemn�tion or aher t�kin�{of rny pwt of�he Propeny.�r for convey�nce in Iku of cwdemiujc�►.�u�e hereby awi�{ned anl
<br /> -- — :l�s!!�:gsid!o Lt�r.
<br /> j In the event of r laul talcing of thc Property. thc proceedx �hall bc applied to thc sums aecured by thin Socurity
<br /> i Mctcumcnt,whether ac not then due,with any excess}wiJ to Borruwcr. in the cvent of w pwttial takin�uf the f'coperty in
<br /> ' which the fair m�rkct value of the Property imnxdiately beforc the t�{cing ix cyuul to or gccater than thc nmount of the sums
<br /> secured by thix Securlty Inxtrument immediately bcYorc the teking,unless Barrower und Lender otherwlse agrce in wr�ting,
<br /> the sumx securcd by thi�Saurity Instrument xhall be rcduced by ihe amount of the procuds multlplied by the following
<br /> ���_�-_______ frneticm: (n)thr tntel emamt nf the s�ms r.ecured immediately before�he ts�lcing.divided by Ib) the fair murlcet vulue of the
<br /> Pmpcny immediately befoc�e the tuking. Any buluncc xhall tx: paid to Borrowcr. In the event af u Fwrtial talcing of the
<br /> Property in which thc fuir murket vuluc af thc Property immediutcly beforc thc taking is lexs than thc am�unt of thc Fumr
<br /> ucurcd immediately before the taking, unlesx BoROwer und Lender otherwi�:e ugree in writing or unlens upplicuble Iaw
<br /> � othenvise provides,the praceeds shxll be Applied to the sums�ecured by this Security Insuvment whether or not the tums Arc
<br /> , then duc.
<br /> If t1�e Propeny is abundaned by Borrawer.or if,after natice by Lendcr to Borrowcr thut th�condemnor offers to make
<br />-- -- aa-a�� nn uward or settle u claim for dxmages,Horrower failx ta retipond to Lender within 30 days:�fttr the data the notice is given.
<br /> ' L.ender is authorized ta callect und apply the proceed�,at lts option,either to restorxtion or rcpair of the Propeny or to the
<br /> suma xecured by this Securlty Ine:trument,whether ur nat then due.
<br /> I Unless Lender•rnd 8orrower atherwisc ugree in writing,uny application of procecds to princip�l shall not extend or
<br /> � postpone the due dute of the monthly payments rcferred ta in parasraphs 1 and 2 or changc the wmount of such payments.
<br /> - -- 11. Borrower Not Releasedt ForbearAnce By Lender Not a Waiver. Extension of the time for payme�n or
<br />--- modification of umortizetian of the sumx secured by this Secudty Instrument granted by l.ender to any successor in interetit
<br /> _ of Burower shall nat operate to relea+e the liability af the ori�inul Borrawer ar Borrower's succeswrx in interest. Lender
<br />-�; shall not be ceyui�d w cuunue�xe pr�keeding�against uny.r•uccessor in interest or refuse to extend time far puyment or
<br /> otherwise modify amorti•r.ution of the sum.r•.r•ecured by this Security instrument by reason af any demand made by the original
<br /> '" Bomower or Borrower's succeswrs in interest. Any forbenrance by Lender in exercising any right or remedy shall not be a
<br /> ;;� waivcr af or preclude the cxcrci,c af u�y right or mmedy.
<br /> .�, 12. Successora And Asct¢ns Bound;Joint And Several Liability:Co-sigaers. The covenants und agreements of this
<br /> _ '� Securiry Instrument shall biod und benefit the succeswrs and assigns of Lender and Borrower, subject to the provisians of
<br /> - — — paragraph 17.Borcower's covenants und ugreements shall bc joint und severaL Any Borrower who co-signs thix Security
<br /> , 6 [nstrument but dces not execute the Note: (u)i,co-signing this Security Instrument only to mortgage,gr•ant and ronvey that
<br /> Borrower's interest in the Propeny under the terms of this Security Instrumenr, (b)Is not personally abliguted to puy the sums
<br />-�.ti "; secured by thi+�Sccuriry Inrtrumcnt;nnd(r)agrecs thut Lendcr and uny ather Borrower may agree to extend,modify,forbeur
<br /> '�""{''' or make any uccommadutions with regurd to the termx of this Security Instrument or the Note withqut thut Barower�
<br /> `�'��'�'';b:�� consent.
<br /> --����� 13. LoAn ChArges. If the loun secured by this Security Inrtrument is subject ta u law Nhich sets muximum loun
<br /> . � churges,and that luw�is Fnully interpreted r,o ihat the tntere�t or ot6er ioan churges collecceci or co be coiiected in cunneciia�
<br /> • -�M �� : .4�,;;?ti• with the loun exceed the permined limits,then: (a)uny,uch la►n churge shuU be reduced by�he amount necessury to reduce
<br /> �yt<;y.. thc chargc ro the permitted limit;und(b)nny,umti ulrcudy collected from Borrower which exceeded permitted limitti wili be
<br /> �'y� refunded to Bnmower. Lender may chcx�k to muke thi.refunci hy crducing tbe principu!owed under the Note or by mal:ing u
<br />- " � '� direct payment to Burrower. lf u mfund rcducex principal, the reduction wiU be trented•rs a par[ial prepuymant withou[any
<br /> ,�, ; �, sf .:�.�;,:; prcpaymcnt chargc undcr thc Notr.
<br /> ',�r�,�;i:.> 14. Notictiw. Any noticc to Borrowrr pruvidcJ fi�r in this Security Instrument .hull bc givcn by dclivcring it or by
<br />- �` a.;�,a.�tJ+�j��� maiting it by fint cl•r�ti mail unle,z uppliruhlc law rcquire.u,c of unother m�thoci.Thc notire shull be dirr.�:ted to tlus Rt�perty
<br /> ���=�'�-�-.zr.'i:`:�G. Addrcs. or any other uddreti�R�irrowcr designuh�h}�nuticr to Lrndcr. Any nntice to L.ender �hnll be given by first clacs
<br /> � '�'�;:��;���i;�""` muil to Lcndcr�nddre�+�tutrJ hrrrin ur:my othrr:iddre>.Lcnder dc�iFnateti by nuticc tu BonoN-rr. Any notice provided for
<br /> _� • i in this Security Inrtrument .halt Ix decmrJ tu huve lxen givr►i to Borrower or L�ndor wlwn given •rx prnvided in ihts
<br /> '-:� ' '•. ' ' pnragruph.
<br /> � �- ,�• I5. Go�•erninR Law; tieverabiHt,v. Thi�Serurity Iti�trumrnt tihall tx� govcrn�d by fcderal I�w and thc I:�w af the
<br /> �'��-�1;�!° jurisdiction in whirh the PraFxny iti lixuted. In 1he cvent th:n uny provi�ion i�r cluur�:uf 4»s 5ecurity In,trument ur tt�e Note
<br /> �--r!�„=�*"f���.��SLr�- conflicts with applicablc law,wch c�x►t7ict shaU not aftcct uthcr pruvitiion�uf thir.Stcurit� lactrumcnt or thc Notc which can
<br /> ;�r.w;�..�F;.'�iav,� be gi��en effect without thc c��nflicting provitiion. Ti►thi, cnd the pruvision�ot'thix S�wurity�ln�trunxnt und the Note are
<br />�,:Y. �� declarcd to bc xrvcrablc.
<br />- . ,`.r�;:... ,';..', , 16. Bo�ro�rer's(:upyt i3iirrowrr,hall lk�iven unc runfiirnied copy vf thr Notr and ot'thi�Scrurity Instrument.
<br /> '3,�k.� ' � 17. 7Yansfer of the Propert�•or s�Beneficial Interest in Borrower. !f all ur•rny part of thc I'roperty or any interest in
<br /> �-'�---��' �� • ' it is sald or tr.uitifened(or if a Ixrnrti�i:il intcrr+t in BorruWcr i.���ld ur trun+frrred and Bortowcr is not a natural penon)
<br /> ti^.
<br /> � • . without Lender:prior writtrn ccm.rnt. Lrnder muy.at itti��ptiun,myuirr immediate payment in full of all+ums tiecured by
<br /> :� � ��,:;��� thi,Sccurity Instrument. Howcvcr,thi�optiun.hull not tx�exercised t►y Lender if exenisc is prohibited by federal law as of
<br /> "^� ,. "`" the date of thix Scrurity In.trument.
<br /> r"��r:.'�� If Lendcrexercises Ihi�uption,Lrnder+hall uive Hurrc�wrr nuticr uf arcelcratiun. Thr notice�halt providr a period of
<br /> ��"'"'—�- not le}�th:tn 30 days from the datc the notire i.drlivrrcd or rouilcd within w hirh 8nrrowcr must pay •rl!sums,ecumd by thi�
<br /> ---��-��_:: ��
<br /> _=� - r:;,: • Securiry (nxtrumcnt. If Burmwcr fail� to pay thrk �umr. prior to thc rxpiration of thiz pericxi. Lcnder may invoke �u►y
<br /> __� �i�• '�.:,;��.:s remedies permiued by thi.Securitv ln.�rwnent without 1'unher notice��r demand��n BoROwa�.
<br /> ��"� ��` 18. Burrower's Ri�ht to Reinst�te. If Barr��u�rr m�ec. cenain condition., Borrower tihall h�vc the right to have
<br /> ._.�.�"'„r x I
<br /> `_�— -�t�;,r . � • enfarcement oF this Scrurity In.tromrm diuontinued+n•rny�im�prior tu thc e:irlier of: (:t)5 days (i�r xuch Wher period•rs
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