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<br /> candemn�tion or dher Wcin�of�ny part of�he Propeny.cx for conveyxnce in lieu of c�x�denuutlan,ue hercby#�i�{ued�nd
<br /> dwll be p�id to t.enoer.
<br /> In the event of a totwl t�kina of the Property. the proceedF shall be �pplied ro the xum• secund by �hi�,Socurity
<br /> Insuummt.whethsr or not then duc.with�ny exce�x puid en Bcxrawer. In�he event af a pwti�l t�lcln�af tix Prqpqicy�n
<br /> whkh tlu htr market vdue of the Propeny immodiuely befc�re thc t�lcine is equ�l to or grwter tFwn the anw4nt af thq,(it�tu
<br /> cecurod by thix Sccur�ty lnawment immediately befarc the t•rking,unkxs Bomower wx!lxndrr�uherwi.tie�grc4 In,yyrxiiq�,
<br /> the sums�ecurod by thia Sexu�ty Inxuument shrll be rcducai by tha wncwnt af the procends muldplisc)by tiwi,fnµq!�in�.
<br /> . —��-�----,---��--.n. fraction: (e)the totAl Am�wnt of the sumc securcd imm¢di�►tely beforc the t�{cin�.divided by (b)thc fair rtultket value of��
<br /> Pnoperty immedirtely beGxe ti�i+�fi(ng. Any balancc shall bc pafd.to Harrower. ln the evmt ot'o purti�l Ixking ui tl�
<br /> _ � Property in which the f�ir mukct value of the Propecty immcdiately t+efarc the tuking is kac ihan thc anwunt of tht sums
<br /> --_ _ xecurcd Immediately befcme the taking,unless BcNrower and Lender aherwise agrce in writing ar unkr,s ApplkAbie IKw
<br /> otherwise provides,the procads ahaU be�pplied ro ti�sums fecurcd by this Security Inxtrurnent whether ar ncx thq,rwr►�z au'e
<br /> tt�m due.
<br /> If the ERupeAy is abandoned by Borrawer,or if,after naice by Lendcr ro Bamawcr that the conckmru�r nffers to�uke
<br /> --- an award or settle a claim for damages,Borrower fails;o respond to l.ender within 30 days ufler the date thc nMisa ic given.
<br /> L.ender is authoriud to coUat and apply the proceeds,at its option,either to restoracion or rcpair af tha P►aperty,or to the
<br /> sumc secured by this Security Instrument,whether or not then duc.
<br /> Unless Lender and Borrower othenvise agree in writing,any applicutim af proc�edti tu prin4ipat shall,no�extend or
<br /> poctpone the due dale of the manthly payments referred to in purs�graphs 1 ctnd 2 cx rhange the amount qf Sueb payments.
<br /> I t. Barrower Not Rekased; F'orbearance By Lender Not st Watver. Extenxican of the tirrx; for payment or
<br /> modificuion of�matization of the sums secured by this Security Instruine�t granted by Lender tp�ny,�vuccessor in interest
<br /> _- — of Horrower shall not operate to rclease the liability of the origin�l Bormwer or Bor►awer's sucaassors,in interest.Lender
<br /> -- shalt nw be required to ccxiur�ence proceedi�gs aga�nst eny successor in interest nr refuse to extend time fa paym�ent or
<br /> - otiierwise modify amortization of the sums se:cured by this Security lnserument by masan of any demand made by the original
<br />_ Bo�mwer or Bortower's successors in interest. Any forbeararice by I,er�der in exercisit►��ny rigilt a rcmedy shall not be a
<br /> f an ri ht or remcd . ,
<br /> w ver of or reclude the exercisc o g Y
<br /> ai Y .
<br /> 1Z. Sucpcessors and Assi�ns Bound;Joint�nd Several I.is�bility;Co-signers. The caven�G and agreements of th�s
<br /> Security Instrument shall bind r►nd benefit the successon:►nd lcsigns of�ender und Rcirmwer,Fubject to the pravisions of
<br /> puagraph l7. Borrower's covenants and agreements�hall be joint und sr:veral. Any Barrowar who co-signs this S��curity
<br />- Instrument hut dces not execute the Note: (a)is co-tiisning this Security Instrument only to mortgage.grant sind convey that
<br /> � Borrower's inurcst in the Property under the terms of this Securiry Inxtrument: �b)is not peraanally'obligated to pay the sums
<br /> secured by this Security lnstrumenr,und(c)agrces that Lendcr und Any othcr B nr�ower rnav agres to extend,malify,forbear
<br /> or make any accommodatians with regard to the tennr of this Secunty In�trumeni�r the Note without ihut Bomower�s
<br /> � ' consent.
<br />��.:% 13. Loan Chorges. If the loun securcd by thiy Se�:urity lnstrument i,: tub}ti�:t to u luw which sets maximum loan
<br /> �G; charges,and that Iaw is tma�ly incerprered so thac�he int��rr�t v�uii�t ivan chat-g:fi ca!lcctcd or to!x co!lected in canrxetion
<br /> �.� " � ��•'� with the laan execed the permitted limit�.thcn: (u)any�uch loun chars�shall be reducrd by thc amount necessury to reduce
<br /> s��4'�'t�`"r.�• ,
<br /> the charge to the permitted limifi and(b)uny�ums already coll¢ated t��Barmwcr which exceeded pertnitted limits wlll be
<br /> ' �"��""r�""•��- , refunded to Borrower. Lender may chaase to m•rke this refwnd by reducin�th:.�srincipat owed under the Note or by muking a
<br />-- ` •�'�^�'�� '����++ direct payment to Bor[ower. If u refund reduce.pri�x:i�x+l,r,he redu4tion w i!4 he treated as a partial prepayment withaut any
<br /> _ ,.;;'.:,: ��t ..:
<br /> •�.;.;::���N�.'. � - • prcpayment chsrge under the Note.
<br /> :'i�..�,;;:;..;�-.,:. - 14. Notices. Any notice to Borruwer providcd for in tfiis S�ti:u�ity Instrument shall be given by delivering it or by
<br /> ., ,�•::•;:•..:. ,;,_ ' mailing it by first class mail unless•rpplicublc law rcyuire.r utio of:un�iSx�r methcxl.Ttx noticr shull be directed to the Property
<br /> � ' ' Address or any other addnss Borrower dc�ignatc�by ewtic�to l.t•ndrr. Any notice to Lender.h�ll be given by first clatiti
<br /> �r:�c;f�.-_ ,,,,,r;; mail to Lender's address,tutcd herein or any o[her add►r�s l_cnJ�;r Jr+i�nate�by not ice to sortower. Any notice provided for
<br />�� • �:� �• -� fn this Sccurity lnurument�hall tx decmed to h•rve Ncr.n �;ivrn tu Borrower or Lender when given :u provided in this
<br /> t"� ..,;;!.:<<��:�_ ,�"• ' pw"•►Braph.
<br /> �' '" ti " IS. Governing Law;Sc�•en�bilit��. This Securit� In.trument shull be �uvcmed by federal law and thc law of the
<br />� � ���-� -�' jurisdictian in which the Propeccy i.Icxated. In th4 evsnt that any provi,ion ur c�au,e of thi�Security Instrument or the Note
<br /> �=s:.:s.-w:4'—=—.�•- conflicts with npplicable law,such c�Hitlict+hall nw afCn:t uther provisions ot thi.Security Instrument or the Note which can
<br /> !••'�,�� ,�:.�+i�`:��+ • K � be iven effect without the conflicting pruvi�ion. 7a,tfii. end the pruvitiion+ of this Security Instrument and the Note tue
<br /> • . �,::'. 8
<br /> <i�;�.,.�';_•> ". declared to br severablc.
<br /> 16. Borrower's Copy. Borrowrr shall tx givun u�x cunfonneJ ropy otthc hutc and��f this Security In,trument.
<br /> • �"'•'''�' " � 17. 71rAnster of the Property or u 13eneficiu!Interest in�urrower. I(ull or any Ewrt of the Propeny or any interest in
<br /> .,..:., . .
<br /> � �;� • ••� it is sold or transferred I�r if a Ixneticial inten:tit in Bormwer i�tiuld ur trantifened and Bortower is not u natural person)
<br /> ., � �'' without Lender's priar written consent.Lender may.at itr uption,rcyuire immeJiate paymem in fult of ull sums secured by
<br />-'�. � ="�=�� this Secarity Instrument. Howcver,thi.optiun hhvll not be exrrci�.;d by I.ender if exerciK is prohibited by federrl luw ns of
<br /> `• `�''y the date of this Sccurity Instrument.
<br /> - r„�,F:��: : .
<br /> - •• _ =;�;s�.�._ �� If Lender exercise�thii.aption.Lender+h:dl give Bo►rowrr nuti�e of aarleratinn. Thc notice shall provide a period of
<br /> - s not less than 30 duy.from the date the noticc i.de:livcred or mailed N�ithin uhich B�xrower mu�t pay•rll sum+�cured by this
<br /> '�•� .,,.. �' � Security Inurument. If Borruwer fails to pa��ttxtic �umti prior tu tht expiration of thi, period, Lrnder may invoke any
<br />�:�,; �-=� remedies permitted by thi�.Securitv Instrumvnt w ithuut funher noticr ur�mand on B��rroa•�r.
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<br />� �r.•,,a.,;��,� _� 1& Borrowet s Right to Reinstutr. If Borrower mertti crrtxin conditiiixi�. Barrower tihall havr the right to have
<br /> _ — ";�y�f:.�.,�; ' enforcement of this Security Inswment dixominucJ•rt any tinu prior w th� e•rrlier��f: (u)5 dayx(or.urh other period rs
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