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: �►` '".'P�'• - -� ` �'•" 1 . , , - ..,�r ..� • _ - — � � • , - � 193- ios�-rri crndeexwtion or dibr takin�of+u�Y P�rt o�'the Propeny.a fat canvcyance in Iku of ca�damnatian.�re haeby assisned and - - __ �lWI be p�id w Leader. In the event of a toal ukinQ of the Prqxrty, 1hc procceds siwll bc applied ta QK sumc securai by thls Security ��sfrument,whettxr or not thrn due,with �ny excesr pald to Borrower. In thc event of a parti�l taking of the Pmpcny �n which the fdr mukN vs�lue of t�x Propeny immedi�tcly bcfcxe thc ueking i�eyual to or greater�tuu�thc ymount of the aums cxurod by thi�Seciuity lnstcument immedi�tely befarc the taking,unks.Bomowor and Lendcr otlxrwise agoec in writin�, the sum:socurcd by this Socurity Instrument shaJl be rcduced by the art�ount af the procads multiplied by the followi�� - -- frxtian: (�+)tix: wul:unount of thc sums securcd immrdiatcly 6eGme thc[aking,divickd My(b)Ihe fair markN valut of tl�e _ Propeny immedistely before the taking. Any balance shall 6e paid to Barower. In thc event of a pwtial taking of thc Propetty in which the fair tturket value of the Pnopcny immediately beforc the wking ix Ics�thwt thc �mount of thc sum� s�xunod immodiutely betorc the taking,unlcss Borrower and l.ender aherwise agrec in writing or unless applicablc!nw otherw,ise provides.the proceeds�tu�ll be applied to thc wms securcd by this Secu�ity Inswmcnt whe�hcr nr not the cums arc then due. If the Hoperty is ai�nda�od by Bomower.or if,aftcr nolice by Lendcr to Borrowcr thyt thr condemncx offen to make an awiud or settle a claim ford�nagcs,Borrowcr fails to rcspond to Lender within 30 days aftcr thr date the notice is givcn, L.ender!s authoriud to collect and apply tt�e procads.at itti aption. either to restoration or r+epair of the Pmpeny or to the wmi secuKd by thiY Security Instrument,whethcr or not then due. Unkss Lender u�d Borruwer cxhcnvise ugree in writing. any applicution af proceeds to principal shull not extend ar poctpone the due dnte of the monthly piymentti refetred to in puagr+phs 1 and 2 or change the amount of such payme�ts. I1. Borm�ra Not Rdeased: Fa�bearance By Lender Not a Watver. Extemion of the timc for p�ymt:nt or modification of amati�tion of the sums socurcd by this Security Instrument granted by Lender to any successor in intercst of Barrower shall not operate to cekau tMe liability of the origin�l Barower or Barower's succ.swrs in intet�est.L.ender � �all not be roquircd to commence poceedings agamu�ny succasor in interest vr refuse to eatend timr fur payment ur ��y�rj��lify anxxti�atian of the sumti securcd by this Security Inswment by reason of any demand made by the ociginal Borrower ar Norrnwer�s wccessars in inte�st. Any forbearLnce by[.ender in exercising any r�ght or remedy shall not be a — '— waiver of or prcclude the exe�rise of any right ar crmedy. 12 S��o�s and psc{�ns Bouad;Jdot a�d Severnl Liability:Co-signers. Thc covenant�nnd agreements of this �_ — Security Iqstnunent shall bind and benefit the succecccxs and assigns of Lender and Bomower,subjxt to the provisions uf paragraph I7.Bamnwerk covenar►ts �nd sigreeme�Gc shall be joint and sevcrrl. Any Borrower who co-signs this Sccurity Instnunent but does not exxute the Note: 1+)is co-signing this Security Inctrument only to mortgage,grant and ca�vey that — Sormwer�s intercst in the P[aperty under the tertns of thi�Security Instrument; tb)is not personally abligated to pay the sums , securcd by this Security Incaument;and(c)agrees that l.endcr and u�y othe�Borrower may�sree to cxtend,modify.forbeu a make any accartunodxtions with rcgand to the terms of this Socurity Instrument or the Note without ttwt Botrower's consent. -,.- - . !3. l.,�:� rM��. tf ttx loan secured by this Serurity Instrument i� subject to a law which sets m�ucimum I�an � __ _ ¢harges,and tluu I�w is finally interprcted co that the interest or�xher laui charges collected or to be collected in connectian wlth the�onn exceed the:permitted limits,then: (a)uny tiuch loan charge shull be reduced by the amount necessarv to reduce ` tho charge to tt�e permined limit;and(b)aoy sums alre:►dy collected from Bomower which excceded permitted limits will be _ � rcfundod to Borrower. l.ender may choose ro ma{:c this rcfund hy mducing the principal owed under the Note or by making u _ ' diKCt p�yment to Borcow•er. If a refund reduces principai,the�+eduction will be treated uc a panial prcpayment a�ithout any -- ` � pepayment ch•rrge under the Notc. ;� 14. Notices. Any notice �o Borrower provided for +n thi�Security Instrument shall bc givrn by delivering it or by ,, mailing it by fitxt class mail unles�applicable law requirc�use of;uiother methocl.7T�e notice shull be directed to the F'ropercy Address or any aher adderss Barrower designates by naice to Lender. Any naice to Lender.hall be given by fint class �� mail to Lendert addrest stated herein or�ny cxhcr address Lender de�ignutes by notice ro Bomowcr. Any notice provided for _ � in this Secariry instnrment shall be deerr�d to have been given to Borrower or Lender when given as provided in this �,°7;,vt Pars+BraPB• '� IS. Goveniing Law; Severability. Thi+Sccurity Imtrument .hull bc govcrr�ed by federrl law and tlu law of the ` jurisdiction in which the Property is lacated. In the event that any provision or clau�c of thiti Security Instrument or the Note �� '��' ca�flic4s with applieable law,wch conflirt�hall not affect other pmvitiionx of thi.Security In�trument ur the Note which car. . be givni effect wittwut the conflicting provi�ion. To thi. end the pmvision+of thi+Security Inshument and the Note�re declarod to be scvenble. �t; 16. Barow'er's Copy. Bortower.hull!x:giv�n one con(omud copy of thr Note:md of thi,Secunty Intitrument. '` 17. 1Yaasfer of tlu Property or a denefafal Inter�ct in Borrower. If all or any part of the Pro�xrty or:u�y interc�t in _�•., it is sold or tr�nsfcrrrcl tor if a beneficial intcm�t in Borrow�cr i.u�ld ur tr�mfcm;d and Bormwer is not•r aatural perwn) without Lsnder's prior written consent,Lxnder ma�•.ut it.option,rcyuirc immedi•rte payment in full of•rll sums secured by � this Security Instrument. Howevcr,thi�:option shall na be exerei�ed by Lcndcr if exerci.e is pn�hibitcd by fedcrrl law as of - --- the date of this Security intiwment. �" — If I.ender exercise�this oplion.Lender shyll give Bonow•er notice of xceleration. Thc notice�h•rll provide a period of __ ---- not tess than 30 days from the date the notire i+delivered or mailed v►•ithin whirh B�xruwer mu.t pay rll.um,.�rurcd by this � Security Insuument. If Borrower fail.to pay the�e sum� prior to the rxpiration of this pericxi, l.ender may invake any -- _ rcmedies permi¢ted by thi�Security In+wrnent withuut further notice or demand cxi BoRUw�er. -- 18. Borrower's Right to Reinstsite. If&�ROU•cr mectti ccrtain amditiun.. Bortoµer �hall havr thr right to have eofocament of this Security Instrument discontinued at any time prior w the earlier oE (a15 day�lor tiuch atier period:u -� Siqpk ftimily•-Faaek S1�e/irt8die Nac L':VIYtlRN IKtiTRCNEVT-•UmFam Cme�nts !/!1 qwg�I�16 prgrsl