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<br /> condemnuian or dher talcing of my put of the Propeny,or for convcymxe in Iku nf rondemnation,arc hercby usitned-ind
<br /> _ _ _ �!u!1 bo pRid to Lender.
<br /> In �he evem of a tdal tsikin� of the Property, �hc pirxad► +�hall he applled tu thc aums recurcd by ihis Security �
<br /> Inatrument.whethcr or not thcn due,wlth nny ezcess puid�o &�rn�w�cr. In ihe event of a purtiul tAking at the Property in
<br /> whfch the f�lr mtukct v�lue of the Propeny immeJirtcly befnn the takin�i�equrf ta or grcater thun the amouni of the xums
<br /> �ocu�+ed by this Secur�ty :nstrument immediately befarc�he u�king,unk�s Borrower w�d I.etxier i�therwl.r•e rgree in writing,
<br /> °— -`—� thr sumr icecurcd by this Saurity Instrument shall bm reducccl by the um�wnt ot the proceeds mu�tipfied by the foUuwing --
<br /> fcactlon: to)ihe tWal w►xwnt ai thc sums socurcd immedi�+tely befure thc taking,dividrd by(b1 the fair nwkct vulue of the
<br /> - - - --- Propcny immcdlatcly beforc thc tal:ing. Any bxl:uuc shall bc paid to Borrawcr. In thc evcnt of a panial taking of thc ---
<br /> . P[operty in which the fair market value of the Propeny immedi�tely bcfarc the tuking ix less than the amount of thc sums -
<br /> _ _—__- secured immediately bcforc thc taking. unlrss Barrowcr wx1 Lc�xler ahcrwi,e agree in writing or unless applic•rble law
<br /> otherwise provides,the pr+ncoeds shaU be upplied ta the sums�ecurcd by thi�Securiry Instrunxsnt whether or not the sums an:
<br /> then due.
<br /> "� � If tlx Pcoperty fs abandoned by Borrower,or if,after notice by Lender to Borrower thut the condemna offers to muke
<br /> an award or settic a cl�im for damages,BaROwer fails[u rcspcxid to Lcnder within�U days ufter the date the noticc is given,
<br /> - �-�- -� -- -=_� L.cnder is authorizcd to collcct and apply thc procccds,at its apticx�.either to rcstoration or repaic of the Property or to the « -�
<br /> sums secur+ed by this Security Instrument,whether or not then due.
<br /> ,� � Unless Lender and Borrowu othcrwise agree in w�tinR,;u►y upplicution of pracceds to principul stu�ll no� extend ar
<br /> ----- __ postpone the due date of tha manthly payments rcferrcd to in p:uagruphs i und 2 or change the amount of such payment,.
<br /> _� 11. Borrower Not Released; ForbeArance By Lender Not a W�iver. Extension of thc time for payment or
<br /> - _-- .� modifccation of amortization af the sums secured by this Securiry In.r•trument granted by Lender to any succetisor in intemtit _
<br />- _ of Bomnwer shall not operate to release the liabiliry of the original Borrower or Barrower:s successors in intemtit.Lender
<br /> -{;_` � shall not be requirod to commenoe proceedings again5t uny succeswr in interetit or rcfusr to extend time for payment or
<br />- ' ��i otherwise modify amonization of tt�e sums secured by this Serurity Instrument by re•r.son of�ny demnnd madc by the originai �
<br /> - Borcower or Bormwerk successors in interrst. Any forbearance by Lender in exercisiog uny right or remedy shull not be a
<br />_- ' „ , •! waive�of or prrcludr thc exercise of any right or remedy.
<br /> ' '��'`��'� ` ' lZ. Succe.ssors and A as Bound;Joint and Sevet�tl l.iabilit Co-si ners. The covennnts und a reements of this
<br /> •�.,.��,,t. ssi8 9: S B
<br /> . �;.,' Security Insuument shall bind and beneftt the successars and assigns of Lender and Bomower,subject to ihe provisions of
<br />_ � t.;����,:�;�:F�� . parafir�ph 17. Bocrower�co�•enants and agreements shall be joint und xveral.Any Borrower who �o-sign+ ihi� Security
<br /> Insuument Fwt dces not execute ihe Note: (a)i�co-signing tbis Security Instniment only to manbage,grant�nd canvey ihs►t
<br /> � ' Bomower's interest in the Prapeny under thc tertnti of this Sccurity Instrumenr, (b>iti not perxonully oblig�ted to pay thc tiums
<br />- ',��`' ` f� securcd by this Security Instrument:and(c1 ogrees that Lender and any other Borrowcr may aFrce to extcnd,modify,forbear
<br />�;�: or make any accomRwdatians with resard to the terms of this Security Instrument or the Notv without that Bort�ower's � ''
<br /> • "�r consent.
<br /> ' '' '}'"'� �' ' 13. I..oan Charp,es. If the loan secured by this Serurity Instrument is subject to a law which sets muximum loun -'
<br />._ , . t'+! _j .- �
<br />:<. . ___ ° . charges,and that law �s finally intet�xeted�o that the intereu nr otfier loan charge.collected or to tx�collected in ronnection
<br />. "! ':°'+r•'�' ''"' with the loan exeeed the pertnitted limits,then: (�)any such lvtu►charge shall be reduced by the amount nececsary to reduce
<br /> "`�"''+�� ' the chuge to the permined limir,:u�d(ts)any sums plready�callecied from Borrawer which exceedrd pertnitted limit�will be
<br /> �{.}'�'�` refunded to Aorrowe�. l.ender may choose to make thir rei'und hy reducing the princip•rt owed ur�drr dk Note or by making a
<br /> • �i'.,�� �;:%s�F�i •'�. = direct paymenl to Barrower. If a refund reduces principal,the reduct9on will be treat4d c�.a purtiul prcpayment without uny
<br /> •���=t:;=;'��`,�` �"� ' prcpayment charge under the Note.
<br /> ��"�L� V...:-
<br /> � ��� 14. NoNees. Any notice to Botrower prrn�iekd for in this 5ecarity Instrument shall br given b}'delivcrinF it or by -
<br /> . mailing it by first class mail unletis applicable law reyuire�u�c of another method.The notire,hall tx directed to the Property �:,..
<br /> . Address or any other addre�s Borrower de+iEnate,hy�notice to Lender. Any noticc to Lender+h•rll be given by finc clatis �_':'
<br /> .- - mail to I.ender's addrexs statcd herein or any other addre,s Lender drsignateti Ny notice to Borrou�er. Any nMice provided for k'"'
<br /> "'�- r;M ; . . ., in thi� Seeurity Instniment sh:�ll br deemed to have been given to Borrower or Lender whrn given a�prc�vided in thic u;..,,
<br /> _4� . .. �• Pazagraph. ,
<br /> � � �•'- � I5. Gover�in Law; Severabilit Thi. Srcurity In.trument shall ik o��crneJ b federal law nnd thc luw c�f thc J
<br /> .,r.k:.•,d�..�.a.c.,•..� R Y F Y �'�`
<br /> ,. .- jurisdietion in which the Propeny iti locuted. In the event that any prrn•i�ion or clau.e of thi.Security Imtrument or the Note '°-
<br /> . a,:,_-
<br /> - � conf�icts with applicuble luw,such rcx�flirt shall not affrrt other pro�•isi��n.of thi.Securit��Imtrument or the Note which c•rn � :-
<br /> • l.���.�.� �". be given effect without the conflicting provision. To thi,end the pruvi+iom of thi�Serurit} ]natrument and the Note ure
<br /> -' . •;•�• declared to Ne severrble. �`;-
<br />-�' -�: ��;��' , 16. BorroK�er's Copy. Bortower.hall Ix��iven une confarmrd r��p}•of thr Note:+nd of thi.Security (n�trument. ��� �
<br /> • ,,��•� . • 17. 'I�ansPer of the Property or�Benefici�l Interext in Bor�oa•er. lf ull or:�n�•pan of thc Property a any intcrr.t in .
<br />_ it is sold or transferted(or if t:t+�ncficial intere.t in Be�rru��er i� .uld c►r trun.fcrrrd unJ Burrowrr i� not a namr.�l p�rwn► Y ::
<br /> �� � � '.�s without Lender's prior written con+rnt.Lendrr may.at it.uptiun, rryuirr iumicdiat�pa}�m�nt in full uf all wrn+.erurrd h�•
<br /> ,�, : �'� this Security Instrument. Howcver,thi�nption+hall not t+e cxerci�ed b� Lcnder if exerci.e iti pruhibitcd by(edcrul la���a.of j�..,�
<br /> -_ ^ ''�'��^`� �' thedateofthisSecuritylnxtrumcnt.
<br /> �, �:;�:�_ If Lender exercises t6i�option,Lender�hall gi�r Borrower notice cd acrclrratiun. Thr notire�hall proviale a �riod of ���-.
<br /> not less than 30 days from the date the notice i.drli�•crcd or mailed w ithin��hirh Borruarr mu�t pa�•all�unn s�currd hy thi. ;�._�
<br /> �� �rw•+'•�• �� Security Ins[rument. If Borrowcr Cail� to pay the+c sunt�prior to th� expiratii�n ut thi� prriuJ, Lrnder mu}•invoke any t.' •�
<br /> '� remedles permitted by thi.Srcurity Imtrurrxnt w•ithout furthcr nwicr or drmand un Burro��rr.
<br /> �- _• N'v�,• , , 1$. Borrower's Right to Reinst�te. If Borto�rrr mcct�certain cunditi�m.. Burmurr .hall havc thc �ight to ha�•r . .
<br /> �- � ; ,;_,�,..� . enfarcement of this Security ln.trumem di,rontinu¢d at�m timr priur tu thr carlirr ui`. �a1 S d•r�•s(or wrh ottxr Fxriod a, �-�
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