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<br /> condernn�tlon or ahar takin�of aay prt of tho Piraparty�or ta convey�nct in Ibu d con�iemnatbn.wa Mnby wipMd�nd
<br /> �iwU ba p�id to L�ada.
<br /> !n �e e+�er�!e!�t�w tr�ci�; of ar►w+npa�cy,�h. �eo..a� .a�u be apQl►ea w tin.wo� .ea,na hy U�1. srcaeity
<br /> Lulnpee�t,whether or not tt�en due.l�th my exrat p�id to Barower. In the eratt ot a puiid takin�of the Property 1n
<br /> which the f�it ma�ket vdud of the P�+npeRy Immodi�tely brfcro tlx+tAkinQ i�equai to a grcuet th�n the amounc ot the wms
<br /> �ecurcd by this Sacurity Instrument immodi�tely before the uking,ueku.Borrower and Lxnder otiKrwi�e agroe 3�writin�.
<br /> the wm��ecurod by thi:Socurity lruuument shall bc rcd�xed by the�nwunt of thepmc multiplied by the fdbwina
<br /> fiactfo�: (�)ihe tou�l amount of the wms�ocured immedfuely befae thc t�lcin�.divided by b)the fair muicet vdue of thc
<br /> P��pc;tty inunedi�rety bcforc the takina. My balnncc shnll hc paid to Hnrr�wer. In the event of e putl�t iwking of the
<br /> Property in which the f�lr muket vulue of the ikoperty tmmodiately befae the taking ic kus that the amount of the wms
<br /> sxured immodiqtely before the ukin�, unkus Bcxrower snd L.ender ottxrwise ayr+co in wridn� or unkss appiic�ble t�w
<br /> othtrwise ptnvidea,t1�e procxdi�hall be upplied to the►umr�ecwed by this Security Instruttknt whether or�wt tho sum�u�e
<br /> then dae.
<br /> If the E'roperty is abaadaoed by Borrower,or if,after natice by Lender to Borrawer that the candemnor uffers to tn�ke
<br /> an award or seale�cl�m for damages,Sorrower fiils to rnspand to L.endcr wlthin 30 dwys after tlx dutc the notice is given.
<br /> � Le�der is authorizal to collect and apply the procceds,at its opt�on.eIther w restaration a rcpeir of the Property or to the
<br /> swnu secw+ed by this Securily Ingt�ument.wheiher or nat thcn due.
<br /> Unless I.ender ond Barower whcnvise agrce in writing,any applicatian of proceed�to principal shall not cxtend or
<br /> �wstpotx the due dAte of the monthly payments rcferred to in paragraphs 1 and 2 or changc the amount of such paymctus.
<br /> i l. Borrower Not Released; Forbeuaa�e By Lender Not • Wi�iver. Extcnsion of the time for payment or
<br /> modificAtion of amortization af the sums r�ecured by thic Securfty Instn�ment granted by Lender to any successar in interost
<br /> of Borrower shali not operate to rcleuse the liability of q��orlginal Borrower or Borrowerb surceswr+in intercst I.ender
<br /> shall not be required to commence proceedings uga�nst any successor in interest or refuse to extend time for puyment or
<br /> � otherwise modify amottization of the sums secured by this Securicy Inrxrument by nason of any dernand m�►JC by U�e aiginat
<br /> Baroaver ar Homower's successors in interest. Any forbearanc.�by Lender in exercising any rig6t or r�medy shall not be a
<br /> waiver af or preclude the exerci.r-c of any right or remedy.
<br /> 12 Successo�and Assi�ns Baund;Joint and Several Liability;Casigners. The covenants uncl Agreements of this
<br /> Security Instcument ahall bind and benefit the successon nnd ossignti of Lender ond Borrower,subject to the provisions of
<br /> � paragraph 17. Barrower's cavenants and agreements shall bo joint :►nd tieveral. My Borrower who co-signs this Security
<br />_: Insdument but dcses nut execute the Note: (a)is casigning thin Security Inti►rument only to mortgage,srant and convey that
<br /> Bomawer!c interest in the Ptoperty under the tertns of thiti Security Instrument; (b)is not perxonally obliguted to puy the sums
<br /> secured by this Securiry Instrumenr, nnd(c)agrees that L,r.ndar and any othcr Borrawer muy agree to extend,modify,for6ear
<br /> or make any uccommodationa with regard to the term� of this Security In+tnimcnt or tho Note withaut that Borrower's
<br /> - consent.
<br /> - 13. Loan Charges. If the loan�:ecured by this Security Instrument iti subject to a It►w which xets maximum loan
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<br /> - _—_ � chamec,nnci that law ic finully intemreted w ttwt the interest ur other Inan ch:u�es collected or to be collected in connection
<br /> with the laun exceed the pemnitted limits,then: �a)uny xuch laim churge,hatl be reduced by the amount necessary to reduce
<br /> .- the ch�rge to the permitted limit:and(b)any sums ulready coqected from Borrower which exreeded pemiitted Itmits will be
<br /> �,{. refunded to Borrower. Lendcr may choose to makc thi+mfund Ny reducing tlx:principal oweJ under the Note or by m�king a
<br /> dircet payment ta Hortower. If u refund reducec principul,tha reduction wiil be treated us a purtial prcpayment w�thout ony
<br /> - s prepayment ch�rge uncler the No:e.
<br /> :�^,:', 14. Notices. Any naire to Bortowcr provided for in thiti Security Instrument+hull bc given by dclivcring it or by
<br /> �,;. mailing it by f nt clnss mt�il unles�npplicuble Iciw reyuin.uk��f unother me�hod.The notice shall be directed to the Pmperty
<br /> � Address or any other uddrexs Borcowcr dcsignatcx by notir�to Lendcr. Any noticc to Lender xhull bc given by fint clatis
<br />- ��� muil to Lendcr's addresc tituted hemin or sny other adJre�s lxndrr detiignate+by notice to Bormwer. Any notire provided for
<br />— � � in this Security Instrument e:hall lxr deem��i to h•rve hcen given to Borrowrr or Lrndur when given us provided in this
<br />—� '; �:�,.,� patagraph.
<br /> °�" I5. (;overninR Law; Severubllity. Thi, Srcurity In�trument tihall tx governed by feJerul law und thc Iaw of the
<br /> y6�'•�;�r1-•�`. judsdiction in which the Prope�rty ix Icxated. In thr evrnt thut nny provi.ion ur clauk af[hin Security In�;trument or the Notr
<br /> '�. '��'r�`'''� ` conflicts with applicuble law,tiuch ranflirt+hull not uffect��ther pnwi.ion�of thix Scruriry Instrument or the Note which can _
<br /> "�'�'.''""� � �'"'"� be given effect without the conflhting provi�ion. To this end the provi�inm of thi�Sccurity Imtrumcnt und the Note nm
<br /> :,,'`�y�'��"�y r.......`"'" declured to be tieveruble.
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<br /> •� ' 16. Borrower s Copy. Bi�rrnwer�hall F►r givrn one ronfunmd ci�py��f the Not�and of this Sccurity Inxtruntent.
<br /> '�.�`!'� �' `''�''..:", 17. Trs�nsfer af the P�opert,v or u Beneficiul[nteretit in RorrnHer. If all nr xny pun uf thc Pn��xrty u�any intercat in
<br /> ° .��as. `�:s; ,:r''•' it is sold or tr:►nrfcrred Icir if u lxn�tiri:►I intcrryt in Burrowrr i.sold ur tran.li•rnd and Borrowcr i.not a natur.�l penon)
<br /> *-• ' ''r' without l.cndcr's prior written cunticnt.Lendrr may.at its optiun.rcyuirc innncdiatr payincnt in full c�f all.um+.ecurrd by
<br /> _;"" • ,,, ��. this Securiry Instrument. H�►wevcr, thix option shall not Nc cxerciud by 1_rnder if exercisc iti prohibited b}•fedcra! I•rw •rs of
<br /> • the dute of this Security Inxtrumcnt.
<br /> -_ `•,; If I.ender exercises thi,optian,LenJcr.h:dl gi�c Rurmwcr notice of'urccicrzuian. Thc notire xhall pruvidr a�ticxl af
<br /> _ •' `� • not leti�than 30 duys fmm the dute tfi�notice ir dciivrrrJ ur mi►iled within w•hirh BurroHCr mu�t puy all�um� xcured by thiti
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<br /> , t,; � i' �.,��, Security Instrument. If Barrower failc tu pay thcxe +unn priur tu ttx rxpiratiun af this�x�ioci. Lcnder may invake uny
<br /> remedics permitted by this 5ccuriry lnstrumcnt withaut furthcr notirr ur drnwnd un f3urn�wer.
<br /> 18. Borrower's RiRht to Reinstate. If Burrua•cr mrct� rcrtain conditiorn. Hurraurr .hall hirve th� right to have
<br /> enforcement of this Security Inslrument di.rontinued�u uny timc prior tu thr earlicr ot: ta)5 da)•�lor,uch iNh�r periud us
<br />- . Singlc F+milg •h'unnle�1ae/FYcdd4�tua l 11FUR�t 1\STRI'�1F:�7'..l'nNnnn Cuecnant. 4N0 1/uec J�/n�wsr��
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