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<br /> __..��.— 195- io�s.�0
<br /> oondertwutian a ulber Wcin�oP auy p�rt of the Property.or for ooaveyanoe in lbu of conde�m�dan,a�e henby wi�ned�nd
<br /> :xl3��.3�t�letri:�s. .
<br /> Le the event of a total t�king ot�he Property. the� �t be ePPtlat to the surt1� �ec.wcod by a�is Sa:wity
<br /> In�nuthen►,whethec or not then dno,with any rxau{,�i to 8orrower. In the event af R patlal Wcin�of the Anperty in
<br /> whkh the tair m�rlcet vdue of the Pi+apeny immedia[efy before the Wcing ia tlqusl to or�reater th�n the amount ot the sums
<br /> iectu+ed by this Securlry Inswment lmmediauly befune the takL�g,unless Barrower u�d L.ende�othcrwlac���+a in writin�.
<br /> the:ums tecwcd by this SecuNty Lutrument�ll be roduca4 by the amount of the proceeds multiplied by the fu!lowina
<br /> fraction; (x/tiu to�al amount of the surtu rccured immedi�tely beforc the tuking,divided by(b)thc fair muket value of the
<br /> PcoExrty immediately before the taking. Any b�iwxx stwll be P�id to Horrower. Gi the event oi u parti�l t�{:ing of ttx;
<br /> E�mperty in which the f�ir rt�a�icet v�lue of the Property immediately before the Wcing is less thnn the arrwunt nf tf�sunis
<br /> �ecurod immaUs�tely before the taking,unless Botrower and Lender atherwise agree m wrlting or unles�applicable Irw
<br /> ot�nvjse provldea,the procads stw11 be stpplied to the ruma secured by this 3ecuary Instrument whether or not tho sumr u�e
<br /> ti�t due.
<br /> If the I'roperry is abandonul by Horrower.or if.nfter notice by Lender to Borrower that the condemnar offers to m�ke
<br /> an award or seule a claim for damAges,Borrower fuils to t�espand to Lender within 3Q days after the date the notice is given.
<br /> Lender is authorlud to wllect and apply the praceeds,at its option,either to restaratian or repuir of the Property or to the
<br /> sums secured by this Security Insuument,whether or not then due.
<br /> Unlcss Lender and Borrower ottxrwise agree in writing,any application af procceds to pdncip�l shall not extend or
<br /> paatpone the dua dau of the monthly paymcnts rcferred to in paragrnphs I and"2 or change thc amount of such puyments.
<br /> Il. Botrower Nat Rek,rted; Forbwrana By Lender Not A Waivea �xtension of the time for pAyment or
<br /> modification o{amort9xadPn.�:�'he auma secured by this Secudty(nstrument gmnted by L,ender to any successor in inte�eat
<br /> _ of Borrowar stwtl not c�perate to relcase the liability of the original BocrAwer or Borrowerk successors in interost.Lendee
<br />__ _ _ � shall not be nquired to commence proceedings against any �uccessor in intecest or refuse to extend time for payment or
<br /> otherwise modify amortiautinn af the sums secured by this Security Instrument by rcason of any demand made by the original
<br /> Bomower oe Borrower�s successors in interest. Any forbearar►ce by Lander in axercising any�3ght or rcmedy shall nat bo a _
<br /> _ — waiver of or prccludc thc cxercise of�ny right or mmedy. -
<br /> - 12. 3uccessora s�nd Assi�ns Bound;Joint And Several Liabflity;Co-s(gncrs. T'he covenants and agreements of this
<br />:;; Securlty Instrument shali bind i►nd benefit the succeswrs and assignx of Lender and Bortnwer.cubject t�the provisions ef
<br /> _ —� puagraph 17.Borrower?s covenants und agreements shull be joint and several. Any Borrower who co-signs this Security _.
<br /> Instrument but does not execute the Note: (al is casigning this Security Instrument only to mortgage,grant and convey that
<br /> "' - Iiorrower�s intercst In the Property under the terms of this Securiry lnstrumcnt; (b)is not personally obligated to pay the sums _
<br /> secured by this Security Instrumenr,and(c)agreec thut Lender nnd any other Bonower may agrec to extend,madify,forbear
<br /> — or make any accommadations with ngud to the terms of this Security Instrument or the Nato without ihat Borrower's
<br /> cansent.
<br /> -- — 13. Loan Clwrges. If the loan secured by this Security Instrument is subject to a law which sets maximum lonn
<br />_ -�=�-�—'-- eharges.md thac law�is Gnully interpreiui�u ti�at ihe iaterest ar at8cr loan cb�sges co!lectet!os to 4x co!lerted in connt�ti�
<br /> with th�loan exceed the permitted limits,then: (a)any such loun charge shall be reduced by the amount necessary to reduce __
<br /> - tbe charge to the permitted lin�it:and(b)any sums already collected from Borrower which exceeded permitted limits will be
<br /> refutded to Barower. Lender may choase to make this refund by reducing thc principal owed under the Note or by making a
<br /> -- ditect payment to Borrower. If u refund reduces principal,the reduction w1U be ireated as�paitial prepuymant without any
<br /> ' prep�yment charge under the Note.
<br />-' 14. Ndkes. Any notice to Borrowcr provided for in this Sccurity lnstn�ment shall be given by delivering it or by
<br /> mailing it by fi�st class muil unless applfcable law requircs use of unother method.The notice shall be directed to the Property
<br /> Address or any ather address Borrowcr designates by notice to Lender. Any noticc to Lender shall be given by first cla�s
<br /> �` mail to l.cnder'.s address stated herein ot nny athcr addrerti Lender dexi�nutes by nocicc to Borrowcr. Any notice provided for
<br /> ;�:,; in this Security lnstrument shal! be deemod to have been givcn ta Horrower or Lender when given us providcd in this
<br /> �:" ��' ��,;;;••� ��5 Governing Law; Severability. Thi. Security Intitrument shnll be governcd by federai luw :►nd the law of the
<br /> x,..�.1.,
<br />."• x.r;�'��;1,. jurisdiction in which the Property is located. In the event that any provlsion or cluuse of thiti Security Inttrument or the Note _
<br /> :•r conflicts with�pplicable law,tiuch conflict xhaU not affc�t other provision.of thi�Security lnstrument or the Note which can
<br />"�'y. ,�:.�` �V ' be given effect without the conflicting provision, To thix end the prnvisiom of thiti Security Instrument and the Note are
<br /> y� ... 4v<A•.iZ.h,...
<br />- ,�p,, �•..u:•ia.. ckclared to bc scvcrablc.
<br /> '�f �".' �4�'� ,,;•`-. 16. Barrower's Copy. Borrower sh:dl be given onr conti�micd copy of ihe Note and of this 5ecurity Instrument. _
<br /> ,.,;,;..... ., -
<br /> ;'��,��;��';'��:;._;. .: . 1%. 'I�ansfer of the Property or a Benef7cls�1 Interest in Borrower. If all ar uny part of thc Property or nny jnrerest in
<br /> .��;�... ... . . it is sold or transferced(or if u txncficial intrrest in Bormwrr i�.soid or truncferrrd anJ Dorrowcr is not u natural penon)
<br /> e. ' � without Lender's prior written conxnt.Lrnder may.�t its option.rcquirc immedi•rtr payment in full of all sums sccured by .-
<br /> '• ,` `�'"''`^'�;'"`- this Security]nstrumcnt. Howcvcr,thix option�hall not he excrci.ed by LcnJer if exercitie is prohibitcd by fedcral law av of
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<br /> tlx date of this Security Instrument.
<br /> .,,�, "" �` If Lender exercises this option,Lcndrr.hall give Borrowcr noticc of arcclendion. Thc noticc shall provide a period of _
<br />--- �� .,,__. '• ; not less than 30 days from the date thc noticc iti dclivercd or mailed within which Borrowcr must pay all sums secured by this
<br /> � ;��x:•�:;,,j, . Security lnstrumcnt. [f BoROwer fails to pry the�c +umti prior to thc expinuian of thiti period, Lender muy invoke uny -
<br /> remedies pertnitted by this Security Instrument w•ithout further noticc or demuod on&ircower.
<br /> - �`�''`�' ' ' 18. Borrower's Ri�ht to Reinstate. If$orroWrr mcetti crrt•rin runditiota. Burroacr �hull huvc thc right to havr
<br /> — �I.•,::L�.:i:..:.'�....
<br />-- • • t�, enforcement oF this Securiry Instrument di+continurd at uny timr prior to the rurlier of: (a►S dayti (or.uch other period a,
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